2021 is offcicially the eCommerce boom. This year we have seen more and more companies jump in and make millions. It is reather awesome to see the economy shift and adapt to the world we are now in. We all adapted to the regulations put in place to stay alive and profitable. It is a way to get around a lot of the regulations put in place and it allows many companies to stay open and to sell online. There are lots of things to know about starting an online company, but one area that many people skimp on research is the sending of the product to the actual customer. The packaging is a huge deal and can be a financial breaking point if it is not done correctly. I don't want any companies going bankrupt due to purchasing the wrong boxes and tape. If you are a small company that was brick and mortar I want to help you in the transitition.
If you think one box is the same as another you may be wrong. And the same goes for bags too. There is so much complexity that it can cost you tons of money to chose wrong. Each different item you are going to be sending may need special packaging or it may be simple and cheap. What I have found is that talking with the right people to determine this before you purchase your packaging items is key. The best thing to do is not to make guesses but talk to consultants who have been doing this for decades. You may think this will cost money, but instead, all you have to do is go online and find the customer service numbers for packaging supply stores. This tip will save you thousands and maybe even millions of dollars. Shipping supplies are important and you need to be aware of the differences and what you actually need.
If you chose a product and package that costs you an extra 10 bucks a sale then you could be in big trouble. That margin could cost you precious money that you need to move into other areas. If you could use a bubble mailer that costs much less and now you don't need to buy a box and fill it with stuffing and still get the product safe to the purchaser why wouldn't you want this. But we miss these opportunities because we are scared, feel we don't have the time, and just don't want to risk it. Taking a little time to help find the best product could save your company.
It is fun to compare prices from, Amazon, and then these huge online shipping supplies stores. Most of the time I see massive savings by taking a little more time and shopping a big online retailer. Sometimes 50% versus the local shops. It is amazing what you can save and how you can take that money and put it into say more inventory or marketing. So just this little tip can be the difference between closing, surviving, and thriving. So take the time and talk to the experts for free. With margins like this, it would be very unwise to not look into it. Over time this is the difference between being a 100k business and a 10 million dollar one.
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