How Can You Reduce Shipping Costs for Your Small Business? Reviewed by Momizat on . Small businesses have been struggling significantly since the recession. A recent report from Gallup shows that small businesses haven’t recovered well since th Small businesses have been struggling significantly since the recession. A recent report from Gallup shows that small businesses haven’t recovered well since th Rating: 0
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How Can You Reduce Shipping Costs for Your Small Business?

Small businesses have been struggling significantly since the recession. A recent report from Gallup shows that small businesses haven’t recovered well since the onset of the recovery. The entrepreneurs that want to survive these new economic realities will need to drastically reduce their cost structure. Reducing the costs of shipping is one of the most important steps that they can take.

How Can You Reduce Shipping Costs?

Shipping costs have risen significantly in the last few years, so small business owners will need to look for ways to streamline the process to be more cost-effective. Here are some things to keep in mind for both shipping products and receiving inventory from suppliers.

reduced cost

Always Use Your Shipping ID Number

You may be receiving shipments from many different suppliers. It is a good idea to use your shipping account number with FedEx or whatever other supplier that you are using. Here are a couple of benefits:

  • You can receive economy of scale discounts, since the shipping company will credit you for all purchases.
  • You prevent suppliers from charging ridiculous fees for shipping costs.

Check your invoices and other documentation from the shipping company to find out what your account number is. You can always speak with a representative if you have any questions.

Consider Prepaid Shipping

Many shipping companies offer discounts of 20-25% to people that use prepaid shipping. Speak with the company beforehand and see what discounts are available. The benefits are more noticeable when you are shipping similar sized packages repeatedly, because you can determine the exact shipping costs in advance and pay the entire fee upfront.

Determine the Quickest Route for Handling Own Shipping

You may want to ship products yourself rather than using a carrier. This can be a much more cost-effective solution as gas prices continue to decrease, since many carriers will keep their prices elevated.

If you are planning on handling transportation on your own, then you will need to make sure that you plan your routes carefully. You can work with a supply chain management company that understands the logistics to help minimize the costs of shipping across the country.

You will also want to seek feedback from your drivers. They better understand the distances of various routes and can help you find a system that minimizes costs.

Always Try to Streamline Your Shipping System

The cost of shipping has increased sharply over the last few years, which has made it difficult for companies that are trying to survive the stagnating economy. You will need to find ways to reduce shipping costs to remain competitive.

About The Author

SEO Cunsultent

Muhammad Aamir is an avid learner and online marketing consulting. Including guest blogger, blog posts sailing and link building. Social Profiles: Twitter, Facebook, Google Plus Contact: muhammadaamir2013@gmail.com

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