Boxme Global working calendar in Lunar New Year 2020
Boxme Global’s Working Calendar in Lunar New Year
- Vietnam: Closed from Jan 20 to Jan 29.
- Malaysia: Closed from Jan 25 to Jan 27.
- Indonesia: Closed on Jan 25.
- Thailand: Working as normal.
We wish you a happy, healthy and prosperous 2020!
Boxme and 4PX launch strategic partnership to boost cross-border E-commerce in Southeast Asia
The partnership signing ceremony between Boxme and 4PX in Hanoi, Vietnam
On December 17, Boxme Global and 4PX officially signed a strategic partnership agreement, opening up countless opportunities in the cross-border logistics sector in the Southeast Asia region. The partnership includes:
- Worldwide drop-shipping solution
- Worldwide fulfillment solution
- Cross-border transportation solution
With this cooperation, two companies share the vision of becoming a connecting hub for international sellers to penetrate the Southeast Asian market easily and vice versa.
->> Read more: E-commerce: now the largest Internet economy sector in Southeast Asia
Targetting an international market is always a major concern for brands that want to scale up their business, let alone individual sellers. It is reported by Boxme that for a company to start a new business in Vietnam in a traditional way, they normally spend from $300,000-500,000 in the first 1-3 months for market entry, logistics, marketing and sales,… without any guaranteed success. This is not to mention the time for preparation and research ranging from 6 months to a year. Moreover, for most international brands, Southeast Asia is considered a combination of small markets, which makes entering each market costly and time-consuming. Thus, this potential market is usually left out by brands.
With these insights in hand, Boxme Global has spent 4 years to develop a warehouse system that connects with almost all major shipping couriers, creating a well-rounded shipping gateway in the region. More importantly, the Boxme system also integrates local sales channels to automate the order handling process, which makes penetrating the Southeast Asia market a lot easier.
On the other hand, through the strong grasp of each market’s characteristics, Boxme extends the solution by offering a brand new dropshipping platform. In June 2019, Netsale was launched as the premier dropshipping solution in Southeast Asia, acquiring more than 11,000 users in only six months. With Netsale, any individual can access international product sources from suppliers in China and across the region to enter the E-commerce market anytime, anywhere. The partnership with 4PX will assure a seamless dropshipping line between China and Southeast Asia, given that 4PX is the top cross-border fulfillment provider in China.
In addition, one of Boxme’s main objectives in the 4PX partnership is building a cost-efficient transportation line from Southeast Asia to the world, with the US as the primal focus. Using Boxme’s extensive logistics network in Southeast Asia and 4PX’s existing China-US transportation line, Southeast Asian products can enter the US market easily. Products from Boxme clients will be shipped to 4PX’s fulfillment hub in China, which will then be processed and delivered to the US.
Mr. Han Van Loi – CEO of Boxme Global and Mr. Kevin Li – Founder and Chairman of 4PX
Mr. Han Van Loi, CEO of Boxme Global, commented on the partnership: “Regarding cross-border transactions from Southeast Asia to global markets, we realize that it is time to seek partnership from a company with a strong global network in order to enable a seamless shipping line with optimized cost, which we expect to make global selling for Southeast Asian products a lot easier. Southeast Asia is becoming the world’s manufacturing hub for many industries such as fashion, handicrafts, footwear, etc. Therefore, it’s our ambition to penetrate the global market using these products, optimize the intermediaries in order to maximize profit for local businesses.
Founder and Chairman of 4PX, Mr. Kevin Li also added: “Acknowledging the huge potential of E-commerce in Southeast Asia, we are very pleased to kick off the partnership with Boxme focusing on two primary projects: Netsale dropshipping platform and SEA-Global shipping. In the future, we will level the partnership to new heights in order to meet all E-commerce sellers’ needs in selling to and from the region.”
About Boxme: Boxme Global is the premier cross-border E-commerce fulfillment network in Southeast Asia. With the mission of enabling international trade between the local region and the global market, Boxme has partnered up with various E-commerce platforms and shipping couriers throughout 4 years of operation. Via Boxme, businesses can find the most suitable solution to their logistics matters, from fulfillment, transportation, import/export to last-mile delivery.
About 4PX: Founded in 2004, 4PX is one of China’s top logistics providers. The company is also a cross-border logistics service provider with operation in over 50 countries, employing more than 1,500 staff. Currently, 4PX offers postal, express shipping and fulfillment services.
Boxme is the premier cross-border e-Commerce fulfillment network in Southeast Asia, enabling world-wide merchants to sell online into this region without needing to establish a local presence. We deliver our services by aggregating and operating a one-stop value chain of logistic professions including: International shipping, customs clearance, warehousing, connection to local marketplaces, pick and pack, last-mile delivery, local payment collection and oversea remittance.
Boxme as the pioneer collaborator in Shark Binh’s USD 1.2 million going global investment
In the reality television show Shark Tank Vietnam, Shark Nguyen Hoa Binh has poured an investment of USD 1.2 million to Perfect – a Vietnamese home appliances company that has only been established for 4 years.
As a company in the Nexttech ecosystem of Shark Hoa Binh, Boxme Global has become the pioneer in assisting Perfect in expanding to new markets such as Indonesia and Thailand besides global shipping.
The USD 1.2 million deal
Perfect is probably not an unfamiliar brand to Vietnamese consumers with the extremely popular “ab wheel” product that once stormed both Vietnam and the international market in the 2000s. However, with only one outstanding product, Perfect couldn’t find its own way after the fever of the exercise machine died down and went bankrupt shortly after.
With the dream of rebuilding the family career from scratch, Mr. Nguyen Dinh Minh – the son of the president of Perfect Company, has restored the brand name with a completely new identity in 2016. Becoming a research, manufacturing and distribution company of household and kitchen appliances, Perfect has launched many successful products such as oil-free fryer, black garlic making pot, power washer, etc. With a revenue of VND 52 billion in the first 6 months of 2019, business efficiency accounted for 8-9% of total revenue, Perfect is confident that the company can reach the milestone of VND 1,000 billion in revenue within the next 5 years.
Coming to Shark Tank Vietnam – a famous capital raising program, Mr. Nguyen Dinh Minh hopes to raise USD 1.2 million in exchange for a 15% of his company for the purpose of expanding the business nationwide and entering the Southeast Asia market. Recognizing the potential development of the company, Shark Hoa Binh – one of the 5 investors expressed his desire to help the company through credit loans in exchange for a share of profit.
In the end, Shark Hoa Binh and Perfect Company came to an agreement to invest USD 1.2 million for an annual share of 25% profit in 10 years. Just 48 days after broadcasting, the contract was officially signed, marking one of the fastest investment deals in the history of the Vietnamese Shark Tank program. At the same time, Nexttech’s Startup support program “Led by Vietnamese” was also launched with the objective of bringing Vietnamese elite products to the world, starting from the two countries of Myanmar and Indonesia in the Southeast Asia region.
Boxme Collaboration
In the Perfect project, Boxme will support the transportation of Perfect’s goods to the domestic and global distribution network with optimal costs through warehousing systems in Southeast Asia and partnership with shipping couriers.
In addition to logistics support, Boxme also provides the Netsale drop-shipping business platform – an automated bridge that connects sellers to e-commerce platforms, suppliers and shipping couriers from China and Southeast Asian countries. Especially, with the Netsale Supplier program, Perfect can become a major product supplier to the seller community across the region.
This is a strategic launch pad, saving time and money for businesses wishing to enter the international playing field.
Who is Shark Hoa Binh?
Founder and CEO of Nexttech Asia, Mr. Nguyen Hoa Binh owns many famous brands in the technology field such as mPos, Vimo, Boxme, FastGo, etc. Nexttech currently has 2,000 employees in 8 countries across Southeast Asia with a total annual electronic transaction value estimated at 3 billion USD. Once compared by Technode as “Vietnam’s Alibaba”, Nexttech is ranked among the top 10 enterprises with the most influence on the development of the Internet in the past 10 years in Vietnam.
The Next100 fund with a scale of 10 million USD was established by Nexttech Group this year, operating with the goal of accompanying Vietnamese startups in the development process.
->> See also: E-commerce: now the largest Internet economy sector in Southeast Asia
Boxme is the premier cross-border e-Commerce fulfillment network in Southeast Asia, enabling world-wide merchants to sell online into this region without needing to establish a local presence. We deliver our services by aggregating and operating a one-stop value chain of logistic professions including: International shipping, customs clearance, warehousing, connection to local marketplaces, pick and pack, last-mile delivery, local payment collection and oversea remittance.
Boxme Global: 4 years of developing the most well-rounded logistics solution in Southeast Asia
Boxme Global: 4 years of developing the most well-rounded logistics solution in Southeast Asia
Officially going into operation since October 2015, Boxme was known as a pioneer enterprise in providing technological solutions for E-commerce logistics, especially bringing to the playground the E-commerce fulfillment model which has not been widely popular in Southeast Asia (SEA)
In the booming era of information technology and E-commerce, Boxme is highly appreciated for the practicality and efficiency of order fulfillment with a professional and well-rounded process throughout the region. Boxme has gradually become the right answer for businesses with a large customer base and high logistics demand.
With a portfolio of solutions including E-commerce and cross-border fulfillment, global shipping and dropshipping, last-mile and CoD delivery, import and export services, Boxme is currently enabling hundreds of brands and enterprises to start and operate in Southeast Asia. By assisting in E-commerce and logistics development in countries of the area, Boxme is lowering the barriers for international merchants to enter one of the most emerging markets for E-commerce.
Boxme Asia: A regional vision
The internet is transforming Southeast Asia by rocket speed. According to a Google-Temasek study of SEA’s E-commerce standing in 2019, Southeast Asians are the most engaging Internet users with a population of 360 million. Soaring to $100 billion for the first time, the region’s E-commerce industry breaks all predictions by tripling in size in only 4 years. People start doing everything from communication, entertainment to education and shopping online, and not just in urban areas. Digital financial services are reaching their mature points as well with quite a few major players competing for a seat at the table.
Recognizing the potential of the international market, Boxme has been expanding its operation network abroad since the beginning. With a logistics chain that has already spread to Thailand, Malaysia, Indonesia and warehouse systems in China, the US and Hong Kong, Vietnamese businessmen with the desire to sell internationally or foreign merchants wish to enter the Vietnamese market can find the most suitable solution from Boxme. Through 4 years of constant effort, Boxme is currently partnering with more than 50 domestic/international shipping couriers and E-commerce platforms, serving thousands of customers with an average of 2 million successfully processed orders in 2018. Up until now, Boxme is the only enterprise with a well-rounded logistics system for E-commerce all across Southeast Asia.
Future outlook
In the region’s E-commerce industry, Boxme’s mission is to support SEA brands expanding their operations to surrounding markets, and for international brands to join the Southeast Asia playground, faster and easier. There is an opportunity for any individual or brand to start small with dropshipping, grow bigger with fulfillment and go global with Boxme.
With the motto “Go Global or Go Home”, Boxme will continue to broaden the warehousing and logistics systems in Southeast Asia, with the Philippines and Myanmar being the next two destinations. With a strong regional base and cooperation with global partners, Boxme aims to facilitate the E-commerce industry from Southeast Asia to the world.
If you have any question about Boxme Asia or how we can support your business, please contact us directly by referring to our hotline. We are glad to be of service!
Boxme Global Ecosystem – The ultimate solution for cross-border e-commerce business in Southeast Asia
Throughout 5 years of development and expansion, Boxme Global has been constantly creating footsteps in building cross-border logistics ecosystem with a complete solution package for e-commerce businesses with a strong focus on the Southeast Asia market. Integrated with 15+ E-commerce platforms and 50+ shipping couriers, Boxme Global set the record of more than 2 million successfully processed orders in the year 2018. (more…)
Give your Black Friday selling campaign a boost with Boxme’s HUGE promotional discount
November marks the start of an annual shopping festive in the US. The string of booming sale-off bonanza that is Thanksgiving, Black Friday & Cyber Monday opens up the door for merchants the world over to thrive and skyrocket their sales up to 2 – 3 times. This is especially the ideal time for cross-border sellers to scale up and clear off stocks while still retain enough profits for post-holiday business.
BUT WHEN IS BLACK FRIDAY 2018?
Black Friday officially begins the day after the Thanksgiving holiday (Thursday), so this year it’s on November 23, 2018. However, it’s likely going to be more than just the one-day event it has been in the past.
Many retailers start coming out with Black Friday shopping deals early in the week as to avoid getting drowned out by everyone else. Most deals will also continue on through the weekend and into Cyber Monday (November 26), which is now actually Cyber Week.
So, the exact dates for Black Friday and Cyber Monday have become fairly irrelevant for any shopper.
According to RetailMeNot, approximately 115 million US citizens participate in the Black Friday frenzy every year. Black Friday still proves to be the busiest shopping day in the country; with statistics constantly on the rise, it seems customers’ mood to shop at this particular time of the year is not going to cool down anytime soon.
->> How to prepare your online shop for Black Friday 2018
Hurry up and seize this one-and-only chance to increase your revenue! Boxme is offering a 15% promotional discount off of global shipping to let you effortlessly send your stuff internationally on the biggest selling day of the year.
On a special note: If you are pursuing an Amazon-based business using FBA (Fulfillment by Amazon), then all you need to do is prepare your Amazon account, register your products, ship them to Amazon’s warehouses and start advertising your stuff, as well as offering suitable promotional incentives for this biggest shopping season of the year.
To help merchants better prepare for their year-end sales campaign, Boxme offers a huge promotional discount on our collaborated delivery service from now until the end date of 11/30/2018 – 15% off regular international shipping fee (not applicable in conjunction with the $8 international single order shipping service). Details are as follows:
- Applied to all orders shipped internationally using DHL and UPS.
- Lightning fast shipping from 3 – 5 days to every state in the US.
- Free pickup for urban area addresses in Hanoi and Ho Chi Minh City.
To be eligible for discount, simply follow these steps:
- Step 1: Visit oms.boxme.asia and register / login to your account.
- Step 2: Enter your order information and choose DHL or UPS as your preferred shipping carrier.
- Step 3: Create your order with incentive-included fee.
Jump right into the busy and uber-profitable year-end shopping flow in the US and boost up your sales to the fullest. Let international shipping be the least of your worries with the help from Boxme!
Seize your chance now!
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Your guide to analyze the causes of returned orders on Boxme system
Failed/returned delivery always proves to be a great concern among sellers, with the should-have-been converted sales turning into unnecessary costs to cover. What’s more alarming is that sellers can suddenly find themselves in a shortage of goods to sell when this happens, especially during thriving days like holidays and such. Therefore, accurate analysis of the causes for returned packages is vital to avoid getting tangled up in unwanted situations, and to improve one’s business in the long run.
Our robust Boxme system, with the experience of handling more than 300,000 orders each month from thousands of merchant and connected to 8 leading domestic carriers, is proud to be the only system that can help salespeople analyze the reasons for returned orders, and offer efficient transport alternatives to reduce the rate of return as well.
Below are some guidelines you can refer to in order to help improve your own order return rate when using our system:
1/ Analyzing the return rate by causes
To analyze the rate of return, you first need to determine the period you want to analyze on the system:
Besides indicators regarding Numbers of returned orders & the Average refund rate during that period of time, you can glimpse through the rate of return in accordance specifically with causes in the table below:
Here you can grasp the main reasons leading to returned orders. This will hopefully help you come up with proper plans for the next orders in line, such as:
- For “Recipients reject/cancel deliveries” and “Several failed contacts with buyers” type of reasons, you can randomly monitor different orders from different carriers to check the accuracy of the information reported back by postmen.
- If it’s “Wrong Address”, you can make a plan to continuously contact buyers before the goods actually arrive at their doorstep to inspect and change recipient information as soon as possible.
- For “Out of delivery supported area”, you can leverage services from different carriers and choose one appropriately lined for that particular area.
2/ Analyzing the return rate by areas
You can also analyze the rate of returned orders according to the area they are delivered to:
Based on these statistics, you can see which areas have a high rate of return comparing to the number of order deliveries allocated in that exact same area. For example, if 20 parcels are shipped backwards out of the total 100 you sent around Hanoi, the rate displayed on the statistics board will be 20%. According to Boxme’s study of major service users, the rate of return only fall into the rank between 8 and 15%; so if in certain provinces the rates are higher, then those are the areas that you as a seller should pay extra attention to.
3/ How to reduce the rate of return using Boxme system
So what exactly can you do on our system to minimize the rate of returned orders to the fullest after having successfully found out what caused them?
Here are some suggestions from Boxme:
- Make timely contact with carriers when there’s necessary change in recipient’s information. Once your order has been placed and verified, you will not be able to change the initial information on our system, and can only notify carriers directly and ask them to give postmen heads-up. On Boxme system, you can find information related to carriers as soon as you create an order, or you can find what you look for in the order information with policies pertained to each carrier to easily establish contact and fast processing this change.
- Switch between carriers to compare the rate of returned orders in areas with high rate of return. Boxme system is the only system that connects you with most leading domestic carriers, lets you try and compare the quality and the approximate return rate to choose the carrier that best suits your needs. You can also view each carrier’s policy to learn the specialized routes of each one of them pre-selected.
- Process returned orders quickly to reduce the overall rate of return. Boxme system provides you with a handful of options to proceed as soon as an order is deemed returned. Those are: Request for re-delivery; Request for return; and Cancellation.
3 ways to process returned orders
With these useful tips, we hope to give you a helping hand in reducing the rate of returned orders and the burden of extra shipping fee, especially during the end-of-the-year shopping festives.
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For further instruction, please refer to our:
Hotline: +84-1900-636-068
Email address: support@boxme.asia
Or make direct contact with our sales staff. We are glad to be of service!
Alternatives to Fulfillment by Amazon (FBA) for e-Sellers
For online sellers, Amazon is a major double edged sword.
On the plus side, the marketplace gives sellers direct access to 250 million buyers. According to Forbes, 4 of every 10 dollars spent online goes to Amazon. Sellers can’t afford NOT to list their goods there, and Amazon knows it – which brings us to the other side of that very sharp sword.
About half of Amazon sellers use the services of Amazon’s logistics arm, Fulfillment By Amazon (FBA) to store and ship out goods. Amazon leverages its power to set fulfillment pricing and FBA shipping policies that are not always supplier-friendly.
Despite this, many suppliers view FBA as a necessary evil. With over 100 fulfillment centers in the U.S alone (and growing rapidly), Amazon/FBA can easily execute Amazon requirements for free, two-day shipping under the Amazon Prime program.
Suppliers want access to Prime buyers (they spend twice as much as non-Prime buyers on Amazon), so they tolerate rigid FBA shipping and inventory policies to automatically qualify for Prime.
(Source: ForwardtoFBA)
Why FBA might not be the best way to do it
Shipping to Amazon
Amazon has strict routing requirements for inbound shipments to Amazon warehouses (if you want to see these requirements, here they are).
They dictate the size and weight of the box, paperwork requirements, how products are packed in the box, and the contents and position of box labels. If inbound shipments do not meet the spec, the entire shipment can be returned – at your expense!
Requirements for EDI data transmissions and label creation are equally detailed and well documented.
In general, very large shippers have little problem with Amazon’s requirements, but SMEs without dedicated fulfillment and IT staff can struggle.
Shipping Out Amazon Orders
->> 4 efficient international shipping tips for e-Sellers.
Amazon is one of the world’s largest logistics companies, and they store and ship goods very efficiently. A big reason: Rigid policies. Let’s look at some restrictions of FBA.
Challenges of FBA shipping include:
- High storage costs that rise during the holiday season.
FBA storage rates for standard products can be 3-4 times what a regular outsource 3PL might charge. And during the holidays, Amazon’s $0.69 per cubic foot storage charge spirals up to $2.4 per cubic foot for the same space.
- Penalties for slow moving inventory.
Once product is in the FBA warehouse, Amazon expects it to move. If one or more of your SKUs doesn’t sell as planned, you pay.
According to Amazon, “Units that have been in an Amazon fulfillment center for 6 to 12 months as of the Inventory Cleanup date are charged $11.25 per cubic foot. Units that have been in an Amazon fulfillment center for 12 months or more as of the Inventory Cleanup date are charged $22.5 per cubic foot.”
As you can see, these charges are incremental to the standard storage charge.
- No branding
When your product ships from an FBA warehouse, it arrives at your customer’s door in an Amazon box, diminishing the overall experience with your brand.
- No customization
Let’s say, for orders of a certain shampoo, you want to include a flyer promoting a special offer for a hair conditioner.
Sorry. No go. To maintain maximum efficiency in the FBA warehouse, Amazon wants to simply pick and ship. There are limited options to customize.
If you find yourself tangled up in these costs and complexity, it might be time to look for other solutions.
Alternatives to FBA
1/ Reach Amazon customers via Shopify
Amazon merchants have no excuse not to give Shopify a go, and vice versa.
The platform integrated with the marketplace last year, making it possible for users selling in USD to easily list their items on the site. All you have to do is add the Amazon sales channel to your Shopify account and you can create listings in seven product categories:
- Clothing and accessories
- Health and household
- Beauty and personal care
- Home and kitchen
- Patio and garden
- Sewing, arts and crafts
- Sports and outdoors
- Toys and games
In addition, Shopify merchants selling branded products can sign up for protection under the Amazon Brand Registry. Not only does this program help sellers protect their registered trademarks on Amazon, it also offers them full control of their listings and there’s no need to include Global Trade Item Numbers.
There are plenty of benefits to be found here. First off, you’ll gain a new distribution channel and access to millions of potential customers. But that’s not all.
(Source: Shopify)
Adding the Amazon sales channel to your Shopify account enables you to sync product details, variants and images to create listings on the marketplace without entering information manually.
At the same time, you can manage your entire inventory for both your Shopify and Amazon stores (and anywhere else you’re selling) in one place, so that you’ll never sell your last item to multiple buyers.
While there are no additional Shopify fees for selling on Amazon, you do need to operate a Professional Seller account, which costs $39.99 per month, plus a referral fee based on your product’s category. Shopify will also take a percentage of net revenue on every sale you make through Amazon.
2/ Go FBM (Fulfillment by Merchant)
Amazon gives you the option of being an Amazon FBM (Fulfillment by Merchant) to the extent you don’t want to be an Amazon FBA seller.
As an FBM seller, you handle the packing, shipping, storage, customer service, and returns of your products yourself, rather than paying for the Amazon FBA service.
When to be an FBM Seller:
- Smaller Businesses
- Exclusive Products
Advantages to Being an FBM Seller:
- Inventory Control
Sellers have complete control over their inventory and don’t need to split their inventory between Amazon’s warehouse and their own. This can help during big selling day like Black Friday or Prime Day as they do not have a limit in how much they can sell.
- Fewer Amazon Fees
By being an FBM seller, you do not have to pay storage or fulfillment fees to Amazon; however, you will still have referral and closing fees
- Higher Profit Margins
As you will no longer be paying those fees to Amazon for your orders, it is likely that your profit per product will be slightly higher than if Amazon were to fulfill the orders.
However, as an FBM seller you will likely have less sales overall. This is because over half of products on Amazon are prime and customers often prefer the free-today shipping as they are paying for it with their prime-membership fee.
- Returns
In contrast to FBA sellers who receive merely a box of returned items from Amazon, FBM sellers can match returned products with the customer, therefore lowering the risk of fraud.
(Source: ShippyPro)
Disadvantages to Being an FBM Seller:
- Inconvenient
As an FBM Seller, you are responsible for all packaging, shipping, and management of inventory. While some sellers might prefer to have this control, this might be overwhelming for high volume sellers as you must fulfill orders timely or Amazon will penalize you (lower your chances of being in the Buy Box).
- Lower Selling Price
In order to be competitive with other sellers who are FBA sellers, oftentimes FBM sellers will need to price their items lower to be in the Buy Box.
3/ Dropshipping from Vietnam
If you’re feeling like Amazon FBA is no longer the best way to go, your best bet might be to switch your stream of products into Vietnam and practice indirect dropshipping.
Plenty of e-Commerce platforms out there apart from Amazon provide useful sources to dropship. And the number is so abundant that you could establish your central Vietnam store right away and leverage your products on eBay, Shopify, Etsy, Magento, etc..
->> Everything you need to know about your Vietnam dropship business
(Source: NikkeiAsianReview)
For online sellers in Vietnam like you, when it comes specifically to (international) shipping, third-party logistics providers (3PLs) can help meet Amazon’s shipping and routing requirements, and can even be an attractive alternative to FBA shipping.
Let’s examine some of the ways 3PLs can help:
- When you partner with a 3PL, you negotiate set warehousing rates that are fixed and transparent throughout the relationship.
- 3PLs also prefer fast-moving inventory, but will work with you to identify the slow movers and the best way to handle them.
- 3PLs are generally able to customize processes to your precise fulfillment requirements with a variety of value-added warehousing services, such as custom labelling.
If international shipping bothers your everyday operation, let Boxme aid you with our ultra affordable solution!
Boxme is here to help!
Our reliable single order delivery service to the USA can help you shorten your delivery time and minimize added costs in the process:
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Shipping single orders weigh below 0.5lb and 1lbs to the US for $8 and $9.5, respectively.
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Lightning fast delivery time at approximately 10 to 14 days.
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Full-tracking – easily keep an eye on your order at all time using your order ID.
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Shipping handled by USPS – one of the most renowned freight players in the US shipping field.
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->> [Q&A] What are the problems of dropshipping from Vietnam to the USA? (PART I)
->> What makes a product that sells when dropshipping on Shopify, Amazon, eBay?
4 efficient international shipping tips for e-Sellers
As you prepare for an ambitious dropshipping endeavor, it’s important to consider as many strategies as possible to help you maximize efficiency and profits.
In most cases, unfortunately, e-sellers focus only on more general costs of doing business, but overlook some critical opportunities to save, such as on international shipping.
The following is a look at some helpful tips you can use to save on international shipping.
Avoid locking yourself in one carrier
The best way to save money on shipping and postage is to avoid locking yourself into one carrier. Instead, we recommend leverage among the best carriers for each order, according to your need.
While it may seem time and labor intensive to reassess your shipping choice every time you receive an order, different shipping carriers can offer drastically different rates based on the weight, dimensions, and designated destination of your package.
(Source: proshipinc)
For example:
- Standard delivery services from FedEx and UPS add surcharges based on the delivery area, which can quickly drive up your shipping costs. However, their respective SmartPost and SurePost services eliminate these surcharges by picking up the package from your location and delivering it the final zone. From there the customers’ local USPS branch will make the ‘last mile’ delivery.
- USPS, on the other hand, doesn’t charge residential fees like FedEx and UPS do.
For another example, you can ship your heaviest goods (2-20 lbs) via Fedex, using a corporate account (Fedex gives discounted rates); anything under 2lbs through USPS Priority (for roughly $5 per package); and anything smaller and lighter than a 1lb by using First Class Mail USPS (usually less than $2).
There are a couple reasons justifying this:
1- Fedex is the least expensive major parcel carrier, and does not charge extra to pick up at a commercial location.
2- USPS provides free Priority shipping supplies and free pickup from residential and commercial locations.
By leaving yourself open to all your options, you’re in a better position to cut costs and go with the most advantageous rate. Carefully monitor and balance rates and choose carriers flexibly to ensure that you are getting the best price out of international shipping.
Consolidate it efficiently
Another important tip is try to achieve package consolidation – which means shipping products in as few, and optimally-sized parcels as possible.
Let’s do a little math: If it costs an e-Commerce business $9 to ship product A (independently) to a customer, and $7 to ship product B (independently) to that same customer, the cost of combining these SKU’s into the same box will likely be just $10-11.
Of course, being able to do this requires both well planned inventory management (to ensure you have both products at the same fulfillment center) as well as a warehouse management system (WMS) that appropriately batches a single customer’s orders together.
(Source: LeafcutterDesigns)
This is an incredibly important metric to monitor if you refer to an outsourced fulfillment center, especially if the fulfillment center charges a per parcel fee, and is thus incentivized to ship as many parcels as possible, not necessarily combine orders into a single parcel (which benefits the e-Commerce store).
Some shipping services allow you to bundle items together more effectively than others. To leverage economies of scale, promote certain products that customers often buy in combination to increase the size of individual shipments.
Whenever possible, combine multiple orders into one shipment to avoid multiple smaller units. You could offer customers bundling discounts to give them more value while reducing your shipping costs with each item purchased.
Use packaging provided by the carriers
(Source: USPS)
Another thing to help lower your cost of shipping is by using packaging provided by the carriers.
UPS, Fedex and USPS all offer free boxes and bags. Sellers across Vietnam, for example, have reportedly been able to save over 65% of packaging cost just by switching to Flat Rate Boxes provided by USPS to mail their packages.
Speaking specifically of USPS’s flat rate boxes, if you’re selling skin care and beauty products – which tend to be on the heavier side – just do some research and you will surely we find that these would work the best, all the while save you bunch of packaging troubles.
Outsourcing your shipping
Out of the many ways to save money on shipping, perhaps none is as effective and direct as outsourcing to Amazon FBA and similar services who handle shipping for you.
By using an outsourcing fulfillment & shipping service, you don’t have to shoulder some of the indirect costs of storing, packaging and delivering goods. These shippers also usually enjoy bulk discounts based on the volume of packages that send, which can save you money.
(Source: TheBusinessJournals)
You typically only have to pay a flat fee for the distribution services and you don’t have to worry about all the facets of transportation and logistics. All in all, the advantages far outweigh the negative sides.
Boxme is currently partnering with USPS, EMS, DHL, Dpex, TNT, UPS,… to help you ship your parcels internationally twice as cost-efficient. Most notable among those is our ultra-affordable deal of sending packages to US border via USPS.
Boxme is here to help!
Our reliable single order delivery service to the USA can help you shorten your delivery time and minimize added costs in the process:
-
Shipping single orders weigh below 0.5lb and 1lbs to the US for $8 and $9.5, respectively.
-
Lightning fast delivery time at approximately 10 to 14 days.
-
Full-tracking – easily keep an eye on your order at all time using your order ID.
-
Shipping handled by USPS – one of the most renowned freight players in the US shipping field.
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WANT TO LEARN MORE?
->> Everything you need to know about your Vietnam dropship business
->> What makes a product that sells when dropshipping on Shopify, Amazon, eBay?
What makes a product that sells when dropshipping on Shopify, Amazon and eBay?
The dropshipping business model comes with pros and cons.
The major pros are the convenience, low upfront capital and freedom to experiment with products to sell.
The biggest con with dropshipping, however, is having less control over the entire fulfillment process.
When it comes to dropshipping, though, the most important question is: Which products will sell well?
Unlike in conventional e-Commerce stores where you must have certain types of products to sell and stick to those products because you’ve already ordered plenty of stock, the dropshipping business model allows you to test the market without keeping any inventory.
The upside of this is if selling a certain product doesn’t work, you can easily switch to another product without worrying about unsold merchandise or lost revenue.
However, you probably don’t have all the time in the world to play trial and error and try to figure out which dropshipping products sell well and which don’t. It’d be more ideal to already have some ideas of which products sell well before using this business model.
For instance, you might want to know whether t-shirts sell better than toys. The answer is: It depends. It all depends on your niche.
->> Why are dropshipping margins so tight and How to maximize the profits it brings
That said, there are certain product criteria you can keep in mind when considering which dropshipping products to sell to figure out if they will sell well or not within your niche.
How to find dropshipping products that sell
Find popular products (even if it means more competition)
Popular products can be easy or hard to sell.
A popular product on Amazon, eBay, and Etsy for instance, might not be that easy to market by a small retailer like you. Also, since popular products have too many competing sellers, it may leave you with a very slim profit margin.
The trick here is to find a popular product you can make unique to your own store in some way, and find a way to compete against other retailers based on price, selection, choice or availability.
For example: T-shirts, children’s toys and fashion products are all popular dropshipping products that sell well, but might be hard to compete against if you don’t have a competitive edge, such as relatively cheaper price tag, unseasonal designs and so on.
Check out TiredCity, a Vietnamese merchandise & clothing brand, for a prime example of a stand-out concept that sells well within a supposedly crowded niche, mixing unorthodox, traditional designs with quality garments, strong storytelling features and appropriate choices of marketing KOLs.
Some reliable sources to find the most sought-after products include:
Find not-so-popular products within a laser-focused niche (there’ll be less competition)
(Source: Metrilo)
This type of product can be your cash cow. As long as you have access to the niche market, it might be the best type of product to sell.
There are tons of less-popular products out there, and contrary to common belief, they’re great products to sell because they’re highly sought after by the consumers that want them.
To find them, you’d need to observe and analyze niche markets on a deeper level. Some examples of not-so-popular dropshipping products that may sell well, especially in the US market, include: Bulletproof vests, paintball guns and diving equipment.
These are products that some consumers want, and don’t apply to all consumers. But they are still highly targeted nonetheless.
Find the right price point (for your niche) and get the right profit margin (profitable or not)
(Source: wordpress)
Recognize the best price points for each product category in your niche is a must. To find the most optimal price points, it takes some in-depth research.
For instance, a high-end t-shirt priced over $50 is acceptable but an everyday white T-shirt worn for lounging at home isn’t.
At the same time, choose products that you can sell with a 30% or more profit margin.
The more popular the products, the more likely you’ll earn less because you’ll have to keep your prices low to stay competitive.
However, there are some products that allow you to make handsome profits (SEE THE TIPS RIGHT ABOVE!). You just need to research more to find them and decide for yourself if the profit margin is worth it.
NOTE:
Consider choosing a product category that you have actual experience in using.
This provides you with a competitive advantage because you have the necessary insights and are able to explain the technical aspects of the product and its various uses to prospective customers – which will ultimately decide if you can sell the product or not.
For instance, if you’re a fashion enthusiast with a collection of boots, you can sell various types of boots online by making videos or writing blogs and tell people how to take care of your products, how to mix them with different types of outfits and help them choose the most appropriate shapes and sizes, etc..
Your experience will be the leverage that helps sell your products.
Focus on supplier reputation (reliability & support)
->> [Q&A] What are the problems of dropshipping from Vietnam to the USA? (PART II)
When you use veteran dropshipping product sourcing services like Oberlo, you have peace of mind that the suppliers are reputable and will likely perform as promised.
Otherwise, you may want to find suppliers that specialize in dropshipping and only work with them, or contact other suppliers beforehand to ensure they’re familiar with the dropshipping business model so you’re on the same page and don’t jeopardize your relationship with your customers.
Your suppliers directly provide your customers with the product so they’re an integral part of the dropshipping process.
Finding suppliers for dropshipping products that sell
Next, after you’ve found the product category to sell, how can you find the right supplier? There are 2 routes to choose: the short way or the long way.
- The Short Way:
Use reputable dropshipping product sourcing like Oberlo, a dropshipping app for Shopify. You can conveniently look for the most suitable products directly from the dashboard. Since all suppliers have been pre-vetted, you can have peace of mind knowing that they’re reliable and have prior experience handling dropshipping customers.
- The Long Way:
Go to AliExpress and select the product category and type in the name or the description of the product. Or, you can browse top-selling products and start from there.
Carefully review and contact each supplier before uploading their products’ specifications into your own e-Commerce site.
In other words, you need to vet each of your suppliers by yourself to make sure that your customers will be properly served and your products will be fulfilled and shipped as promised.
For a comprehensive list of the most renowned dropshipping suppliers out there, check out our article below:
->> 9 best dropshipping companies for your e-Commerce business
SUMMARY
In conclusion, what constitutes ‘the best dropshipping product that sells like crazy’ differs from one seller to the next. To make a product sell like crazy, a combination of the product’s benefits and the seller’s competitive advantage is required. Experiment with various products, as this business model allows you to.
And keep in mind, apart from the research bit, it’s equally vital that you found a well-founded freight company that would be able to ship your products worldwide at the most affordable price.
Selling internationally, especially single orders, bears the difficulty of higher fulfillment cost. Also doesn’t help the matter that customers generally expect single orders to arrive faster, and the faster the more expensive.
And that’s where we come in!
Boxme is here to help!
Our reliable single order delivery service to the USA can help you shorten your delivery time and minimize added costs in the process:
-
Shipping single orders weigh below 0.5lb and 1lbs to the US for $8 and $9.5, respectively.
-
Lightning fast delivery time at approximately 10 to 14 days.
-
Full-tracking – easily keep an eye on your order at all time using your order ID.
-
Shipping handled by USPS – one of the most renowned freight players in the US shipping field.
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->> Everything you need to know about your Vietnam dropship business
