The skyrocketing cost of shipping can give your young and fledgling business a terrible blow and cause it to take severe losses. Many entrepreneurs often fail to realize the need to watch this cost until it’s too late. Shipping can amount to about 25% of your overall business cost. Taking credible measures to rein in these costs can give you a good standing on the market.
In addition to having the right shipping supplies in Salt Lake City, you can trim down costs by addressing a few issues. Here are some of them:
Refine your packing strategy
Shipping costs tie directly to the volume and weight of the products, so you need to cut as much dead weight as you can. Otherwise, you would be incurring higher than normal rates on every shipment. One way to achieve this is to use the smallest possible package for each item you ship out.
The logic behind this is that a smaller box requires less filler material and cushioning to keep the product safe. Instead of winging it, you need to size your products correctly and use boxes that correspond to their sizes. Having an adequate supply of the right sized boxes keeps these additional charges at bay.
Embrace modern technology
Evolving technology is a godsend for all types of businesses, especially the small and medium enterprises, as it saves time, money, and effort. Sticking to old technology isn’t advisable since it can hurt your bottom line. Even if they’re still working, you’ll see how you’re being left behind if you refuse to make an effort improving your operations.
Old technology has no place in the modern business scene, not even after the advent of thermal printers. With such equipment, you have the chance to give your packages a professional look while ensuring that labels adhere better. You can also add a marketing message or logo to each package you ship out. Better yet, you can put your workers to more productive work.
Keeping shipping costs low can help give you an edge on the market and grow your business. Luckily, you can achieve these by reevaluating your packaging methods and having the right technology.