A Detailed Guide on Expedited Shipping
One of the most important aspects of running a successful eCommerce company is ensuring quick delivery. Most people will not have the time or patience to wait a few days or even weeks for their purchase to be delivered. Shipments usually take longer than a week to reach their final destination. This will result in a decline in business trustworthiness and reputation, as well as a loss of returning customers. So, what are your options for dealing with this issue? Using expedited delivery options is one method to accomplish this. Offering more shipping alternatives and expedited shipping will help you win more customers. All you need to know about expedited shipping will be covered in this article.
What is Expedited Shipping?
Expedited shipping is a quicker than average shipping service that takes approximately 1 – 5 days to arrive. Based on the shipping carrier, expedited shipping can occur in several ways, including same-day shipments, express shipments, and next-day shipments. Shipments that use expedited shipping methods are assigned a high priority status, allowing them to be delivered quickly and directly from the warehouse to the customers without any interruptions.
How quickly does Expedited Shipping arrive?
Profitability, shipping strategy, logistics, buyer geographies, and other factors influence delivery methods and shipping costs. The expedited shipping time-frame of one eCommerce business may be standard for another. Different geographies, pickup and delivery locations, shipping carriers, the products being carried, and other factors can affect the speed of expedited shipping. The timeframe of expedited shipping typically ranges from one day to three-day deliveries.
Why should you choose expedited shipping as an option?
Who doesn’t want quick deliveries? Here are a few reasons and circumstances where you should choose expedited shipping:
Lower cart abandonment
Customers frequently abandon their shopping carts in the middle of a transaction because no quick delivery option is available. Providing customers with a variety of options for getting their packages delivered fast can result in increased sales and revenues.
Time-saving
Express shipping is primarily used to reduce transit times. Paying the additional charges is usually not a problem for most customers. So, if the shipping cost is less important than delivery time, expedited shipping is a fantastic service to consider. The majority of clients are willing and able to pay extra for quick delivery. Having purchases delivered at your leisure might be a significant competitive advantage for businesses.
To deliver fresh produce, emergency supplies, and perishables
Expedited delivery is necessary for many perishable commodities, such as food, medical supplies, etc. Expedited delivery will guarantee that your emergency supplies, food products, or packaged foods arrive quickly and in good condition to your customers.
Increase brand loyalty
The majority of the customers will prefer a business that provides quick shipping, thus not offering it would only harm your business. Because recurrent orders from loyal customers account for a large portion of an eCommerce store’s profitability, you must ensure that you can match their expectations with a quick shipment time. If a business can provide rapid and prompt delivery, the customer is more likely going to have a positive shopping experience and would return for more. On the other hand, if a customer has a bad shopping experience due to high shipping charges or long carrier delivery timelines, they may look for new businesses or stores when placing future orders.
Minimize damage
Expedited shipping items are usually delivered directly from the manufacturer or seller to the customer. Because they have fewer transit points and so require less handling, fast shipping decreases the possibility of your products being broken or damaged in transit.
Boost profitability
Offering expedited shipping to people who require it could help you increase your revenues. Knowing that their purchases will be delivered on time may encourage more buyers to actually convert. If the majority of your clients request expedited delivery, it should be a regular delivery option to meet customer requirements. Otherwise, you risk losing customers who want their orders delivered quickly.
Expedited Shipping vs. Standard Shipping
Normal shipping is also known as standard shipping. Standard shipping is typically the least expensive option, but it is also the slowest. Without any considerations, shipments are shipped at a normal rate, including multiple stops. Based on the products and the shipping address, standard shipping might take somewhere between 2 to 8 days, and occasionally even longer. It is the most cost-effective delivery choice for both the customer and the merchant. Customers who choose expedited shipping can expect their purchases to reach in less than two days, occasionally even on the same day, based on their area.
Expedited Shipping vs. Express Shipping
Express shipping is often used interchangeably with expedited shipping by a number of shipping carriers and eCommerce businesses. Nevertheless, there is little difference between the two at their core. The term “express shipping” refers to shipping things as soon as reasonably possible. The shipments leave the storage facility or warehouse straight away, and the delivery vehicles use the quickest distance possible with the shortest detours. When you choose expedited shipping, your order is prioritized over others, and the shipping carrier makes every effort to deliver it as soon as possible. Expedited shipping offers same-day or next-day delivery based on all the factors affecting the shipment, while express delivery might take anywhere from 24 to 72 hours.
How Much Does Expedited Shipping Cost?
Because of the additional efforts, the shipping carrier must take to accelerate the delivery process, expedited shipping charges are usually always higher than ordinary shipping charges. Many buyers, on the other hand, are willing to pay more money for expedited shipping in order to avoid having to wait for slower shipping options. The cost of expedited shipping is naturally higher than the standard shipping services offered by the carrier. The actual cost of expedited shipping, like any other type of shipment, is based on the weight, size, route, and shipping carriers used.
Which shipping carriers provide expedited shipping?
Almost all shipping carriers have one or many express or expedited shipping options. Let’s discuss the expedited shipping services from the big four shipping carriers: UPS, USPS, FedEx, and DHL.
UPS
UPS offers a number of quick shipping options, all of which can be delivered by the next business day. UPS Worldwide Express Plus, UPS Express Critical, and UPS Air Freight Direct are just a few examples. All of the aforementioned quick shipping alternatives are faster than standard UPS ground service. UPS Worldwide also offers speedy, guaranteed delivery to over 220 countries for small packages on a global scale.
USPS
Priority Mail Express, Priority Mail, and First Class Mail are a few of the expedited shipping services provided by USPS. Priority Mail Express is the fastest mail service offered by USPS, with guaranteed delivery by 10.30 a.m. the next working day for parcels weighing less than 70 pounds. Sunday and holiday deliveries are available for an additional cost. With this service, USPS also includes $100 in insurance and shipment tracking facilities.
FedEx
For both regional and international locations, FedEx offers a variety of expedited shipping alternatives. FedEx Express Same Day, FedEx Express Saver, and FedEx Expedited Freight Services, to mention a few, are among these options. FedEx Ground guarantees delivery by the end of each day, FedEx First Overnight, Priority Overnight, and Standard Overnight guarantee delivery the following business day, and FedEx International Priority guarantees delivery in 1-3 working days.
DHL
DHL provides a number of expedited shipping alternatives, each with a different time frame. For domestic shipments in the United States, DHL Express delivers packages between 9:00, 10:30, and 12:00 a.m. on the next working day. DHL Express Worldwide and Express Easy, on the other hand, offer speedy worldwide shipment in 1-2 working days.
How can ReachShip help?
It can get very difficult to compare the exact costs and services of the expedited shipping methods offered by the numerous shipping carriers. You will have to visit each of their individual websites and calculate shipping for every single shipment, compare shipping rates from multiple websites, and choose the right service from the right carrier. Sounds complicated right? With the ReachShip shipping calculator, you can compare the shipping rates from all the major carriers such as USPS, UPS, DHL, FedEx, and MyPost and then choose the service that best meets the requirements of that specific order. Not just that, ReachShip also enables you to create shipments, print shipping labels, schedule order pickups, and track deliveries right from a single dashboard. No more toggling from website to website to manage your deliveries.
Wrapping Up
Over the years, customers have grown to expect their purchases to be delivered to their door in a timely and cost-effective manner. To stay competitive businesses need to come up with a shipping strategy that will speed up shipping without breaking the bank. This can be a difficult undertaking, but using a SaaS-based shipping platform like ReachShip can make it much easier and ultimately give a cost-effective solution for both the businesses and their customers.
Further Reading
UPS Next Day Air Saver Overnight Shipping Explained. Ship Quicker and Cheaper!
Inventory vs. Stock – What is the Difference? Does it Matter?
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