Is Expedited Shipping Worth the Cost for Your Business?

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Is Expedited Shipping Worth the Cost for Your Business?
Is Expedited Shipping Worth the Cost for Your Business?

Many businesses use expedited shipping to transport products quickly to their consumers. Expedited shipping provides many benefits, such as faster deliveries, increased sales opportunities by having the goods available for purchase, additional top line growth and net profit for companies, as well as increased customer satisfaction. You should compare some of the pros and cons of this shipping method to decide if expedited shipping is worth the price for your business. So is expedited shipping worth the cost for your business? Read below to discover the answer to your question.

Faster Delivery

Usually, businesses use expedited shipping to transport their products at a faster-than-usual rate. In fact, one of the main reasons companies acquire expedited freight services is to ship their cargo as quickly as possible. If your business sells perishable goods or needs to ship cargo quickly, expedited shipping is one of your best options. Here at Diversified Transportation Services, we offer next-day international air freight, two-day international air freight, as well as dedicated cargo van, and more expedited shipping options to ensure your cargo arrives quickly and safely. Some businesses opt to use expedited shipping for all their products, while others decide to use it only for specific items. It all depends on how fast you want your products to arrive or your clients ultimate needs. If your shipment is time sensitive, expedited shipping is one of the best ways to ensure that it arrives quickly and on time.

Guaranteed and Non-Guaranteed Options

Another benefit of expedited shipping is that you can guarantee a delivery date, subject to weather and other acts of nature of course. Expedited shipping is an excellent choice for customers who need their products to arrive on a specific date. At Diversified Transportation Services, we offer both guaranteed and non-guaranteed shipping options. If the guaranteed option is a little out of your budget, you can choose the non-guaranteed option instead and still receive expedited shipping. The guaranteed option is best for time-sensitive loads that must arrive by a certain date, while the non-guaranteed option is best for loads that need to arrive quickly but are not time sensitive. Keep in mind that the non-guaranteed option costs less than the guaranteed option. If you want to stay within your budget and do not need your cargo to arrive on a specific date, non-guaranteed expedited shipping is one of your best options.

Increased Customer Satisfaction

To increase your profits and grow your business, you need to keep your customer satisfaction ratings high. One easy way to increase your customer satisfaction is to offer expedited shipping. Today, consumers expect their items to arrive quickly and efficiently. If your business does not provide expedited shipping, your potential customers may choose to purchase elsewhere. In fact, businesses that do not offer fast shipping and delivery often lose their potential customers to competitors that do offer quick and reliable shipping. If you want to increase your customer satisfaction ratings, acquire expedited shipping.

Extra Security for Freight

Since expedited shipping transports goods as quickly as possible, your shipments tend to be handled less. This can provide extra security for your cargo and prevent unfortunate events, such as theft, cargo loss, or cargo damage, from occurring. If your business sells fragile or expensive items, implementing expedited shipping is an easy way to provide extra security for your cargo.

Improved Visibility

Today, many consumers enjoy tracking their packages while they are en route to their destinations. It allows them to monitor their packages on their own and know the minute that they arrive. Expedited shipping provides excellent tracking and visibility, allowing you and your consumers to track packages effectively. With expedited shipping, you and your consumers will know where your packages are at all times.

Higher Cost

Now that you know some of the pros of expedited shipping, it’s time to go over a few of the potential cons for you. The first and most noticeable one is price. Expedited shipping costs more than regular shipping since it delivers cargo at a faster rate. Some businesses cannot afford to pay the higher price for expedited shipping, while others simply believe that the benefits aren’t worth the high cost. Some companies choose to use expedited shipping for certain products and regular shipping for other cargo. There are all kinds of options available for expedited shipping, so your decision depends on your budget, clients, and cargo. Additionally, remember that you do not need to use expedited shipping all the time. Sometimes, you might have cargo that is time sensitive and requires expedited shipping, while other cargo only needs regular shipping. At the end of the day many times expedited shipping tends to be less costly in the big picture.

So is expedited shipping worth the cost for your business? The answer depends on your business and your consumers current needs at that time. If your consumers expect fast deliveries and you want to take advantage of the benefits that expedited shipping provides, then the answer is yes. When you look at the facts above, you’ll find that the pros of expedited shipping far outweigh the cons if the cost is within your budget. As a recap, the pros of expedited shipping are faster deliveries, guaranteed and non-guaranteed delivery date options, increased customer satisfaction, extra freight security, and improved visibility.

Is Expedited Shipping Worth the Cost for Your Business?

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