Waiting for the product you ordered online? Everybody hates long delivery delays and so do your customers! You need to figure out a faster way to deliver your products to your customers and speed up your shipping.
In the Holy trinity of online business, shipping is a make or break deal for the customer. The customer won’t buy a product if it is delivered beyond their expected time or if they have to shell out extra for a faster delivery time.
Here are three major reasons why you need a faster shipping partner:
Faster Shipping can be a Competitive advantage
It’s your friend’s birthday in 3 days, you need the buy them a gift. Would you buy from a website that delivers in 2 days or one that delivers in 5-7 days?
Faster shipping will give you an advantage over your competitors. Customers want their products faster and they would always go to a website that has shorter delivery time.
You can give options to customers by offering them different price slabs for delivery. You can give one-day delivery options for people who are willing to pay extra for faster shipping.
There are always those last-minute shoppers that want immediate delivery. A one-day or a same-day delivery option will give you an edge over your competitors and will also give you extra revenue.
You can also offer your customers free delivery if their purchase exceeds a certain amount or a nominal charge. But the shipping time shouldn’t be more than your competitors that have the same product.
Less inventory troubles
You can ship goods immediately with a faster delivery. You don’t need to worry about inventories stocked up in your warehouse.
In a faster delivery paradigm, sales and production go hand in hand. You will no longer need to waste time, money and space in piling up stock.
Your margin of safety inventory will reduce. This will give you a chance to venture into different varieties of products.
The prime advantage of a faster delivery is that your customers will start trusting you more. Faster shipping indicates your reliability and professionalism. This will also make your customers buy from you again and also refer you to others.
Several small businesses have issues getting the right shipping partner. It can also be a costly affair.
As an online business, it is a must for you to find a shipping partner that is not only cost-effective but also reliable.