5 Tips to Make Sure You’re Saving the Most Money on Shipping
Saving money on shipping is important for your business as it directly affects your bottom line.
By reducing shipping costs, you can increase your profit margins and remain competitive in the market.
Additionally, lower shipping costs can help you offer better deals and promotions to your customers, which can in turn lead to increased customer satisfaction and loyalty.
Furthermore, reducing shipping expenses can help you allocate your resources toward other important aspects of your business, such as product development and marketing.
Overall, saving money on shipping can positively impact your business’s financial stability, competitiveness, and customer satisfaction, making it a crucial aspect of your business strategy.
Let’s look at 5 ways that you can make sure you’re saving the most money on shipping.
1. Compare rates with all couriers instantly and every time
With ShipTime, you can compare rates with the most trusted couriers with just a few clicks. Once you enter your shipment details, you will be able to compare services from a multitude of couriers like FedEx, Purolator, Canada Post* and more.
Price isn’t always everything. Not only can you compare and sort by lowest to the highest price, but you can also sort by the speed of service (same day, 1 day, 2 days, etc) and you can view the overall service rating left by fellow ShipTime members to make an informed decision.
2. Get discounted rates with ShipTime
ShipTime has already negotiated deeply discounted shipping rates on your behalf with our courier partners. Those discounted rates are automatically applied to the carrier selection screen and you do not need to open your own accounts with each courier.
So not only is ShipTime saving you time by automatically comparing the best rates and couriers for you, you’re also saving on your shipping costs every time you ship.
3. Have your own account? Add it and compare your rates to the best out there
Many businesses like yours have pre-negotiated rates and accounts with shipping companies such as Canada Post, Purolator, UPS and others. The great thing is that you can add these accounts and pre-existing rates into your ShipTime account, and compare them with our discounted rates.
More often than not, ShipTime can still offer you better rates!
4. Bring costs down by using different time-in-transit options
In the first tip we discussed comparing rates and sorting options. In the ShipTime platform, you can sort shipping services by delivery time and if your shipment is not urgent, you can select a longer delivery time which is usually a more affordable option.
Sending packages via a slower shipping method can help you save money if you frequently ship non-time-sensitive items. If you need your items to arrive quickly, you can take advantage of the one-day delivery offered by all of the major shipping companies. However, it is not always required and is frequently the more expensive option.
Think about using the courier’s ground or standard shipping option to send your items. Although they may take an extra day, these services will ultimately be much less expensive than one-day delivery.
5. Optimize Package Sizes and Always Weigh/Measure Twice
Check to see if you can reduce the amount of space used by your packages. Since courier companies charge based on the weight and size of the package, saving space can help you save money.
Before you enter your package dimensions into the ShipTime platform, see if you can use a smaller-sized package (without compromising the safety of the item inside). Maximizing package space can help to bring down your shipping costs.
A further step you should always be aware of is to measure and weigh your package twice to guarantee your package details are accurate.
Adding incorrect weight and dimensions will always result in a shipping adjustment charged to your account once the courier measures at their facility. Always spend a few additional minutes to make sure you’re entering shipment details accurately.
Following these 5 tips will help save you money on your shipping costs and will positively affect your bottom line.
Ship Smarter – with ShipTime, we are a true partner beyond just discounted rates. We provide a best in class platform with features packed with features and backed by our legendary Heroic Support™ team. You can sleep easy with ShipTime’s best-in-class customer care. Our bilingual team is available by phone, live chat, or email Monday – Friday from 8:30AM to 8PM EST.