Global eCommerce sales are booming and set to grow at a compounded annual growth rate of 14.4%. With this continual upward trend retailers are facing an ever-increasing challenge – rising shipping costs.
The story is all too familiar: you sell a lightweight, large item, charge standard shipping rates, and then get hit with unexpected costs because the dimensional weight exceeds the actual weight. This oversight not only eats into your profits but also affects your competitive edge in a rapidly growing market. But what’s the solution?
The Impact of Dimensional Weight
Dimensional weight, or DIM weight, is a critical factor in shipping that many retailers overlook. This measurement considers both the actual weight and volume of a package, ensuring carriers are compensated for space as well as weight. As eCommerce grows, understanding and calculating DIM weight becomes not just beneficial but essential for maintaining profitability.
Retailers’ Common Pitfall
For retailers, especially those shipping large, lightweight items or those requiring special packing, ignoring dimensional weight can lead to significant financial losses. This oversight often results in underestimating shipping costs, directly impacting profit margins. In the competitive world of eCommerce, such miscalculations can be the difference between thriving and merely surviving in the market.
Embracing ShipperHQ’s Dimensional Packing
Enter: ShipperHQ’s Dimensional Packing. We go beyond traditional weight-based calculations, incorporating both product weight and dimensional weight to provide accurate shipping rates. Moreover, ShipperHQ’s box packing algorithm optimizes each order’s packaging, ensuring carriers receive precise dimensions and weight for every shipment. The result? Customers are charged the right amount for shipping right at the checkout.
Reaping the Benefits of Accurate Shipping Rates
Accurate shipping rates mean more than just avoiding losses. They translate into transparent pricing for customers, fostering trust and loyalty. Additionally, ShipperHQ’s optimized packing not only cuts down on shipping expenses but also contributes to a more sustainable shipping practice, an increasingly important factor for today’s eco-conscious consumers.
In modern times growth is rapid and competition fierce and hence mastering the art of shipping is crucial for retailers. Dimensional weight is not a foe but a friend that, when properly managed and can significantly boost your business’s efficiency and profitability.
Join the ranks of savvy eCommerce retailers who have turned shipping from a cost center to a profit center. Sign up for a free trial with ShipperHQ today, and make dimensional shipping your ally in the quest for greater profits!