Packaging, shipping options, and methods are treated as afterthoughts, eroding profitability and jeopardizing customer satisfaction. However, don’t underestimate the importance of shipping as part of your eCommerce business’s overall customer experience strategy and cost analysis. Ensuring your eCommerce business is thriving and profitable results from optimizing every component of your business. Make wise print on demand fulfillment decisions to ensure you’re maximizing your profitability in your shipping and fulfillment networks.
BEST PROFITABLE DECISIONS IN PRINT ON DEMAND FULFILLMENT FOR YOUR ONLINE BUSINESS
1. Stay Accurate
Nothing reduces profitability more quickly than a re-performing task. To avoid wasting labor and profit margin, make sure you’re delivering the right products to the right people on time. The best way to accomplish this is through systemic controls that improve the management of quality control and assurance standards. Using an order management system that tracks all of the details about each shipment gives you the best chance of ensuring that orders are shipped on time, to the correct destination, and with the correct products. Maintaining accuracy will also benefit from documenting processes and using this documentation to train team members.
2. Charge Wisely
Overcharging for shipping is a sure recipe for disaster. People love getting something for free, even if it’s just shipping. With this in mind, it’s no surprise that nearly three-quarters of consumers say they’ll buy products and services faster if they don’t have to pay for delivery.Once you have the most competitive pricing, get creative with how you position yourself in the competitive marketplace. Perhaps you can subsidize shipping costs by adding a low flat rate to all orders, including the cost in your Manufacturer’s Suggested Retail Price (MSRP), or establishing a qualifying threshold for free shipping.
3. Offer Fast Shipping
According to a survey, 41% of consumers are willing to pay a fee for same-day delivery, while nearly a quarter of shoppers said they would pay more to receive packages within a one- or two-hour window of their choosing. Customers want their orders to arrive as soon as possible. You can find further evidence in Amazon’s ongoing investment in same-day delivery. Furthermore, by offering expedited delivery as a premium option, you can quickly reach your customers to guarantee they make their purchase with you. Ideally, you can avoid this extra cost by analyzing your sales data allowing you to ship via lower-cost ground options while still providing the convenience of next or second-day delivery.
4. Look for a Perfect Print on Demand Provider
Last but not least, on the list of ways to optimize shipping is to recognize when you need assistance. Print demand companies frequently have more extraordinary expertise and scale, better rates, and advanced technologies. Deciding to partner with an expert who can handle fulfillment for you to focus on your business growth is frequently one of the soundest long-term business strategies for companies that have outgrown their internal capabilities. However, finding the perfect partner who fits your business goals is not easy; they can make or break your business, so choose wisely.
MAKE BETTER DECISIONS THAT MEET tHE NEEDS OF YOUR CUSTOMERS
Customers have high expectations, and keeping order promises is a big part. Improving the processes you use to process, ship, and measure order fulfillment satisfaction may result in lower costs, increased efficiencies, and saved time. Still, it may also increase trust. It may even affect customer lifetime value. Growing a business is about finding short-term efficiencies as well as long-term impact. Understanding and improving your order fulfillment process covers both of these bases.
MAKE BETTER DECISIONS WITH FULFILLPLEX
Fulfillplex delivers more than just your products. We provide your brand experience and the peace of mind that comes from knowing that your critical logistics activity is completed on time, within budget, and following the most stringent quality management standards available. As a top eCommerce fulfillment company on your side, you benefit from our highly competitive freight rates and world-class logistics expertise, which can undoubtedly propel your company to new heights. Send us an email right now to find out more.