Have you ever thought what portion of your manufacturing costs goes into packaging? The unit price only gives you a rough idea and is just the tip of the iceberg. The fact is that packaging material accounts for less than 10% of your total packaging costs. The rest is usually ignored.
Below are additional things make up the maximum share of the packaging costs that are mostly overlooked.
Today's customer is an aware customer and mostly shops online. Packaging plays an important role in retaining a customer and creating new customer base. Online shopping has raised packaging standards in order to achieve a positive customer experience. Therefore, companies need to look more deeply into things that go into their product presentation.
Damages & Returns
Improper packaging can result in delivering a damaged product to the customer. Packaging larger than or smaller than the required size do not offer complete protection and may cause you to incur additional costs due to incidences of returns and replacements. Those shipping costs cannot be forgotten here.
Packaging material may be occupying too much space in your warehouse. An alternative would be to store the packaging material with a service provider.
Packaging tasks definitely require human efforts to collate, assemble and pack the products. This costs you hours that can easily be eliminated by implementing a fully or semi-automated packaging process which would result in faster packaging. Simple tools such as packaging tape dispensers or stretch wrap machines can be of great use.
Think of reducing the dimensions of your packaging in order to further save on the storage and shipping costs as customers appreciate handy and ready-to-use items.
The PackagingSuppliesByMail.com store is a complete solution to your packaging and shipping needs. We have packaging and shipping supplies that aim at reducing packaging costs while being durable and efficient too. We provide swift delivery of orders and ensure the most competitive prices for quality packaging material.