In the modern business world, trading is characterized by intense competition on price. The explosive growth of the internet and e-commerce has led to a situation where consumers can choose to purchase goods from companies that operate thousands of miles away, provided that the goods can be delivered within a reasonable timescale. For businesses, this means competing with international providers who may have access to lower labor and production costs. Thankfully, all businesses have a range of delivery solutions at their disposal. Depending on the type of goods that need to be transported and the required delivery timescale, there may be a selection of delivery options. In this article, two aspects of product delivery will be explored in detail for various situations and circumstances.
For international sales
Today, in 2023, it is estimated that a third of the world’s population shops online. In addition, by 2028, the total value of global e-commerce is expected to grow to $58.74 trillion. Customers are fully prepared to buy from a company based in a different country, provided that the goods can be delivered in an acceptable timescale. Many companies that ship goods internationally choose barrel shipping by companies such as https://www.shiply.com/barrel-shipping to achieve this. Shipping goods in barrels provides a secure way to protect them from damage and moisture and can be an incredibly cost-effective way of shipping goods over long distances. This allows companies to charge lower delivery costs when selling abroad, which in turn allows them to compete with local sellers. The most common method of barrel shipping is to transport the goods by sea rather than by air. Large freight vessels can hold more goods than a plane (which will have a much lower capacity due to the need to have a safe take-off weight), which helps keep the shipping costs per barrel low.
When time is a factor
Barrel shipping can be an extremely cost-effective way to transport goods internationally. However, it may not be the most effective method when time is a crucial factor. For some products, there may be a need to deliver within 24 hours. An example is in the vehicle component trade, where suppliers will need to deliver car components to mechanics and garages quickly so work can be completed in the shortest possible period. Many car parts firms will offer same day delivery for their components. This is often achieved by using dedicated courier services that rely on the domestic road network to deliver goods in short timeframes. In short, for products that require short delivery schedules, courier services are one of the most popular methods. However, their costs will be significantly higher than slower forms of transport and are best suited for domestic deliveries rather than international sales.
To sum up
International trade relies on having access to a delivery network that keeps transport costs low. This allows firms to trade globally while remaining competitive on price. The use of sea shipping and barrel containers is a key way to achieve this. For goods that need a much quicker delivery window, the use of dedicated courier services is recommended, although this is more tvboxbee suitable for domestic shipments that are high-value goods due to the increased transportation costs.
