Reselling items can be a lucrative route for side hustlers, and one with the potential to morph into a bigger business. For side hustlers who can turn flipping products or dropshipping items into a larger operation, finding better shipping options is critical.
At a certain point, traditional delivery and shipping services won’t be able to keep up or align with budgetary goals. That’s when it becomes crucial to re-evaluate your processes and consider freight logistics, like container shipping. Keep reading to learn what side hustlers need to know about scaling a business with freight logistics.
The Value of Freight Shipping
You may be making frequent trips to the post office or other carriers’ storefronts when you’re a fledgling side hustler in the gig economy. But when your customer base expands and your inventory does, too, you’ll need a more efficient and cost-effective solution.
Freight logistics refers to the concept of using trains, ships, trucks, or other vehicles to transport items in bulk. In other words, it’s an ideal set-up for side hustlers eager to transport more than one box at a time.
You can use container shipping, for instance, to send a large number ot items to a warehouse where it can then be placed on trucks for delivery to customers. You’ll gain access to perks like wholesale pricing that can help your profit margins and contribute to better inventory management.
The Advantage of Port-Side Shipping
Are you doing business with customers abroad? Then, port-side logistics can be a big asset to your business. Many coastal cities welcome shipments of international goods daily, so you can tap into their resources.
Port of Los Angeles container shipping, for instance, enables side hustlers to transport anything from kitchen goods to pools with the help of shipping specialists. Going this route with your shipping can reduce per-unit costs, translating to better margins for your business.
And when you have the assistance of a port-side freight forwarder, you can find nearby warehousing to keep local transit costs to a minimum and limit storage fees. You’ll see fewer delays, too.
Why Timing Matters
Scaling your business well means paying attention to everything from shipping lead times to seasonal demand. Failure to factor these elements into your logistics planning can lead to delays or gaps in inventory that cost you customers.
While you may be able to save money shipping with ocean freight, for instance, you’ll need to give the freight a much longer window of time to arrive at its destination. And if you’re shipping products that connect to a certain season or holiday, you’ll need to build that lead time into your planning. Focus on determining your demand forecast for inventory so you can map out a shipping schedule and avoid overstocking fulfillment centers or dealing with stockouts.
Finding a Reliable Shipping Partner
Maybe you’re still tackling order fulfilment yourself. But if you are, you’re wasting valuable time managing lots of moving parts. Instead, consider going with Third-Party Logistics Providers, who can do the packing and shipping on your behalf.
You can also try using distributed warehousing. Through this approach, you’ll use several smaller warehouse locations to help make shorter and faster delivery routes for last-mile shipping.
It is also wise to look for a reputable freight partner to deal with the intricacies of bookings and documentation. But before hiring one, ask about their pricing and experience. Make sure they’re good communicators who understand your inventory and budget limitations. And ask if container consolidation is an option if your inventory can’t fill a container.
A good freight partner will also be knowledgeable about customs and other regulations, like tariffs, that affect your bottom line. Learn from them about necessary labeling procedures, taxes, duties, and other vital compliance details that you don’t want to ignore. If you fail to meet compliance standards, your inventory could be seized.
Scale Your Business with Confidence
Side hustlers can transform a passion into a big business with the right strategies. Freight logistics should be a key part of business growth, and you’ll need to find a reliable shipping partner to make the transition.
You’ll put yourself in a position to see better profits and a broader geographic scope of customers, no matter what you’re selling. Freight logistics, when done well, can be a game-changer for side hustlers eager to scale.
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