Do you know you can gain more loyal customers with reduced shipping costs? According to a report published by Statista, around 63% of people abandon their carts because of higher shipping rates. This has led many e-commerce businesses to offer free shipping.
If you are an e-commerce seller, it is time to rethink your shipping expenses and adopt practices that make it cost-effective for you and your customers.
Make your shipping budget-friendly
Shipping takes up a huge portion of any business operations. To outperform your competitors, you should start following mentioned tips.
Have you ever received a product that has a huge packaging than itself? Sometimes, the packaging is bigger than the product, and results in higher shipping costs. Smart packaging can save you from paying extra for every package. In addition to this, you can start experimenting with different packaging strategies to find out which one works best for you.
Shipping distance plays a major role in determining shipping costs. More the distance, more the shipping rates. If you opt for a fulfillment center like Fulfillment Hub USA with large warehousing networks across the globe, you can save a lot. Moreover, a shorter distance helps in reducing transit time, resulting in happier customers.
You are never stuck with one shipping carrier that you started with. If you are shipping often to a particular location, try asking your shipping carrier for lower rates, and check multiple shipping carriers to figure out which one works best for you in terms of services and cost. You can find some reputed fulfillment centers as they get the best shipping rates due to high shipping volume.
If you are serving customers of a small geographic area, you don’t need to invest in major shipping carriers. There are many regional shipping companies that serve locally with the same services and benefits at reduced prices. Go local if your deliveries are within their region. Remember to make sure their shipping time matches what your company delivers.
If you purchase a particular number of products from your suppliers consistently, you can opt for prepaid shipping which offers you 20% off on your shipping charges. To make this work for you, you must know the exact weight and dimensions of your shipments beforehand to ensure accurate shipping costs.
Reduce your shipping costs today with Fulfillment Hub USA!
When you partner with us, you avail yourself of many added benefits such as tech-integrated operations, multiple warehouses strategically placed across borders, industry expertise, real-time tracking, reduced shipping rates, and more.
With a wide range of connections across the globe, we serve you the best shipping rates and trickle down the discounts that we receive from carriers to you and your customers. Avail the benefits of domestic and international shipping today. Connect with our experts to get started!