Episode #29: How To Reduce Shipping Costs With Rob Martinez, Shipware LLC

Описание: Check out more episodes at www.buildmyonlinestore.com

Rob Martinez, President of Shipware joins us to talk about how to benchmark and reduce your shipping costs, while also providing insights into the future of the shipping and logistics industry. If you're not happy about the shipping rates you're getting, get ready to take some notes in this information-packed episode. Shipware primarily helps clients with invoice auditing and contract negotiations, ultimately reducing shipping expenses to keep more money within the business.
Topics Discussed:

03:00 -- How Shipware works -- invoice audits and contract negotiations
04:00 -- The biggest thing that shippers miss in negotiations
05:00 -- Retail rates, list rates, and contract rates for shipping
05:30 -- Landscape of the shipping industry since 2000
06:00 -- Information asymmetry with shippers and carriers
07:00 -- How small E-commerce businesses lose in negotiations
09:00 -- Duopoly of FEDex and UPS and their focus on margins
11:00 -- What is the General Rate Increase (GRI) every year
12:00 -- Challenge of getting more discounts with only two players in the market
13:00 -- How discount and contract rates work compared to list rates
14:00 -- Three things to do before negotiations with your carrier
17:00 -- The most important component to your cost profile for a carrier
18:30 -- Dimensional weight vs actual weight
19:00 -- Stamps.com and how online parties work
19:30 -- The 3PL industry and outsourced warehousing and distribution
20:30 -- Should you choose a 3PL for your business
21:20 -- Future of same-day shipping and consumer trends
22:00 -- Shipping and cart abandonment
23:00 -- How to find your optimal shipping policy
23:30 -- How parcel "select" shipping works
26:00 -- Same-day shipping and its viability in the future

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