E-commerce is booming! In today’s business environment, e-commerce is expected to have 2.14 billion buyers in 2021. That’s about 27% of the 7.8 billion-strong global population. With so many potential customers, it would be considered a great move to scale your online business globally, if possible. However, you can’t do all of this without economy international shipping, and the benefits it can give your expansion. First, let’s find out what this kind of shipping is and how it affects any online business.
It’s usually the most affordable option that’s offered by logistics companies, with quality service and communication. With the improved technology used by shipping companies, economy shipping now has almost the same basic services as other, more expensive shipping options (e.g., tracking, labeling, handling, etc.).
E-commerce sellers often use this king of shipping because it can give them more flexibility in setting the price of their products. If they spend less on shipping, they can make their price more competitive with their competitors.
The standard duration for economy international shipping is 6-10 business days to most major destinations. Of course, it could take longer depending on a lot of factors such as customs delays, quarantine issues, fumigation, weather conditions, etc.
Some shipping companies have streamlined their processes with their logistics partners and improved the delivery times for economy international shipping to 4-12 business days, especially when talking about international shipping from Canada.
It’s everyone’s dream to own a multimillion-dollar business someday, but we also know it doesn’t happen at the snap of our fingers. Big companies come from small ones, and it’s essential to understand how these companies have done this successfully without sacrificing the quality of service.
Strategically scaling your business is still the best way to manage a high growth rate without disappointing your existing customers. There are a few factors to consider.
Canadian online retailers are starting to discover the contributions that delivery can contribute to their business, especially economy international shipping. You need to offer a cheap shipping alternative to your customers as well as the expedited ones. In fact, offering the cheapest international shipping from Canada affects your business more than any other aspect of online retail. A more affordable shipping option can enable you to adjust your prices and make them more competitive.
Delivery can influence a customer’s feedback more than you think. In fact, 66% of shoppers choose to buy from one retailer over the other because of more appealing delivery choices. Furthermore, 96% of buyers would encourage others to buy from a seller based on positive delivery experience. Positive experiences will inevitably result in better seller feedback and more sales.
The price isn’t the only consideration when talking about logistics. Often, consistency is also a factor. Most buyers give online sellers a chance to provide them with good service and base their decision to buy again on how the delivery goes. Customers decide on the price when they buy a product. They only buy again if a seller’s delivery record is on par with or exceeds their expectations.
Keeping your existing customers happy while gaining new ones is vital in scaling your business. Efficient company growth depends on both.
As your business grows, so does the need for more resources. Getting a logistics partner that can handle the delivery side of the business is a plus when you’re busy taking care of the sales and ordering aspect. A good shipping company should be able to handle things like integrating your e-commerce platform to their shipping software, international tracking, providing shipping labels, etc.
E-commerce industry leaders like Amazon and eBay have improved their logistics capabilities immeasurably in the last few years. Let’s discuss how.
This shipping method used to take 15-20 days, and customers weren’t pleased with that. Now, eBay is offering their Global Shipping Program (GSP), where you only need to send your products to their warehouse, and eBay will take care of the international delivery.
The e-commerce giant has been operating a fleet of cargo aircraft to take care of their air delivery transport network for years. In 2019, it added 15 more Boeing 737-800 cargo aircraft to its resources. That move will significantly improve its delivery capabilities in the next few years.
When you’re looking for the best economy international shipping rates for scaling your business, it should also be about consistency and a good business relationship, not just the price. Of course, being able to reduce costs can help your business a great deal in making your customers happy -- existing and new.
If you want more information on Stallion Express and how we can improve your business, please contact us at [email protected].
Nicasio is the co-founder of Stallion Express - the leading eCommerce shipping company in Canada. Through his unique experiences in tech and digital marketing, he is on a journey to disrupt the logistics industry.
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