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4 Ways to Pay Less on Liquidation Shipping Costs
If your business inventory is mostly made out of liquidation goods you know how wonderful of a source liquidation companies are for getting great inventory at pennies on the dollar so you can offer your customers a great deal while still making a nice profit. The only downside about liquidation goods often comes from shipping them from the liquidation warehouse to your business location. Shipping prices have been going up and up and are taking away from your bottom line.
It's time to look more closely at how you ship. Here are four ways you can cut your shipping costs.
Delivery Dates and Location
One thing many people don’t think of is making sure their shipments come together if they are coming out of the same warehouse. If you purchase a number of liquidation lots and not all of them are ready to ship at once, do you really need those first ones sooner? If not, you should tell the shipper to wait until they are all ready to come together and save your self a lot of money on individual shipments.
Another thing to keep in mind is where you have your shipments sent. If you work out of your home, you are paying a lot extra for residential shipping, as this is out of the typical driving path of the trucks, as well as for not having the right equipment. If you had a loading dock, they would not have to send a truck with a lift gate, which could save you a lot of money.
While you may work from home, think about anyone you know that has a business address, even better if they have a loading dock, and see if you can send your shipments there to save on shipping costs.
Know The Truck Fees
There are two types of fees you will pay for delivery trucks –by the truck or LTL (less than truckload). If you are getting charged by the truck, and don’t have enough pallets to fill it, you are paying much more than you need to. See if LTL shipping is available. This is where many shipments in your area are sent together and therefore share the cost of the truck.
Use your Liquidation Connection
If you are purchasing through a liquidation warehouse, chances are no matter how hard you try you will not get better shipping rates than they have. They usually work out great rates with shippers because of the volume of business they do. Often they pass that discount on, getting you lower rates.
Look Locally
While you may like your liquidation source across the country, also keep your eyes open to see if there are local liquidation companies that may better suit you. If you can find the same items that are closer to you, shipping will be cheaper. If you can find one within driving distance, you can pick up the items yourself and not worry about paying any shipping costs.
About the Author
Steve Sikes is an MBA and writes articles on wholesale and liquidation auctions and how to make a profit reselling these products. He also writes articles on financial products including insurance and credit cards. To read other articles on wholesale and liquidation auctions and making a profit buying and reselling liquidation clothing, jewelry, electronics, apparel and much more, you will want to visit www.WholeSale611.com






