One Step Ahead: Understanding The Cost Of Sending Packages
If you are setting up a new business, one of the most important factors is pricing. Not just to keep your head above water, but to generate profits that will enable you to expand and catch any development opportunities that arise.
Pricing products is not always easy. You must factor in the expenses for supplier costs and labor costs. There are other factors to take into consideration, but the main one being shipping costs – finding out how much does it cost to pack and send a package to customers. There are numerous hidden packaging costs that businesses may encounter, many of which can be avoided to reduce spending costs.
There are a few costs that are unavoidable for both businesses and those looking to send items to relatives. Understanding what those costs are, means you are one step ahead when it comes to knowing how much it will cost to prepare and send a package.
Courier Services
Every package delivery company is different, with each one offering different shipping services. Luckily, most business, like LSO, display their shipping prices on their website. Being able to see how much sending an item will cost, especially within a certain timeframe, is beneficial for new businesses, as well as those who are looking to send a package.
The quicker you want an item sent, the more it will cost in shipping costs. When choosing, decide on the urgency of the package being delivered, and select a shipping time that best suits it.
Consider The Size
The size and weight of a package can alter the cost of sending the package. Large boxes that contain heavier items will cost more than smaller boxes that have lighter items inside, and vice versa. Additionally, boxes that weigh more than 13oz must be sent from a post office, whereas packages weighing less than 13oz can be mailed from a blue mailbox.
Package Destination
The cost of shipping can also vary depending on where the package is being delivered to. For locations more difficult to get to or further away from the location it is being sent, the shipment cost will increase, as well as the time it takes to be delivered.
Additional Costs
Aside from the cost of the item itself and how much it will cost to send a package through a shipping company, there is also the cost of packing materials. Mailing services recommend that double wall corrugated boxes are used to send packages due to their durability during transit. The extra wall of padding helps to reduce the risk of items being damaged. By reusing old boxes to send packages runs the risk of your item being damaged, as the box may not be as durable as a new double wall one.
If you are mailing smaller, non-fragile items like clothing, consider shipping them in a mailer envelope. These can be far more cost-effective than sending such items in boxes, as the dimensions are smaller, and requires fewer packaging supplies.
