ECommerce is growing, and there is money to be made.
The latest data indicates Ecommerce accounted for 14.3% of all retail sales in the US last year - which is sales growth of 15%.
Getting product to your customers efficiently and cost-effectively is one of the most important parts of ecommerce business, so of course you want to invest in quality shipping materials to ensure accurate, uninterrupted deliveries. But you also want to save money, and distribution supplies make up a significant part of e-commerce overhead.
How do you reconcile the need for the reliable materials that are essential to your business with a desire to reduce costs and increase profit?
It’s all in the strategy. From smart warehousing to strategic partnerships, there are many ways you can save on shipping supplies without sacrificing quality. Here are some steps you can take to start saving today.
Strategies for saving money on shipping labels
- Prioritize quality control
Do your labels pull away easily from the liners? Will they adhere permanently if necessary or remove residue-free if you don’t? Supplies that are reliable and easy to work with are a big advantage in a busy distribution center. Avoid the high costs of line stoppages and angry customers by partnering with a supplier with robust QC capabilities.
- Use the right label
Using labels that meet the specifications of your shipping and storage needs can be a big cost saver. For example, if you have distribution centers in warm climates, labels with heat-resistant adhesives can help avoid fulfillment delays.
Contact the supply experts at GO2 Partners to find the best label for your application. Our experts will provide a free evaluation and can often provide cost-saving measures that increase efficiency. Whether it’s fold under, integrated, direct thermal, thermal transfer, cut sheet, auto-apply, barcode shipping labels, or a custom solution — GO2 can help you find supplies that will save money and increase efficiency.
- Practice smart volume buying
As you know, getting supplies in bulk can mean substantial savings, while as-needed orders increase the cost of every shipment. But more isn’t always better. Depending on how they are stored, shipping labels have a shelf life of about nine months to a year before they begin to become unfit for use. To avoid losing money on degraded and yellowed labels, only order enough labels to cover your usage projections for the next six to nine months.
- Think strategically about your warehousing
Volume buying doesn’t mean you have to store the labels all in one place. Do you have distribution or fulfillment facilities around the country? Split your bulk order to make sure each facility has access to supplies. Having the labels you need when you need them means you’ll save money on overall shipping costs.
- Use a supplier with connections
To find the best price, it’s important to get connected. The ability to negotiate the purchase of high-quality materials at low costs often requires well-established relationships. Find a trusted supply partner with an established presence in the industry to take advantage of their buying power.
Efficiency and Cost Savings with Ecommerce Shipping Labels
You don’t have to sacrifice quality to reduce the cost of your e-commerce shipping labels; you just have to find the right strategy and partner with the right supplier.To see how much money you could be saving, contact the experts today at GO2 Partners, today.