The fulfillment process is something you can’t afford to get wrong. Shoppers need to trust that your business will deliver their purchase on time and without problems. That’s why it’s no surprise that 56% of shoppers will abandon their carts if they are concerned about delivery.
And if you’re expanding out of the country, excellent delivery is even more critical.
If you’re unsure if investing in global fulfillment services is worth the money, look no further. Below are seven reasons that make hiring fulfillment services worth the money.
1. Get a Dedicated Warehouse
You probably already have a lot of expenses if you have a warehouse in your local area. Property gets expensive when you purchase or lease large areas. All of that is added expense when you move overseas.
But you can reduce your warehousing costs using a global fulfillment service. A 3PL company with overseas capabilities will have its own warehouses across the globe.
If you rely on their operation to house and fulfill your orders, this means you don’t need to get extra warehouse space yourself.
2. Get Help With Inventory
It’s already hard to manage inventory in a single warehouse. You must track stock, fulfillment levels, current orders, and more. This process becomes much harder once you start stocking products in other warehouses overseas.
When you rely on a fulfillment service to handle this process, things become much easier. These services are dedicated to maintaining warehouses and fulfilling orders. They invest a lot of time and money into creating processes that manage inventory and other services.
As a result, you won’t need to worry about running out of inventory. Your logistics partner will keep you updated on how much inventory you have in stock and what you’re selling overseas. This information will help you make intelligent re-order decisions to avoid running out of products and tying too much cash in inventory.
3. Save Time
It is possible for a company to create its own system for managing logistics globally. However, doing this comes at the expense of time. It will take a lot of energy to keep your operation running smoothly.
That’s time you can save by trusting a fulfillment company with this process. Instead of developing a logistics operation yourself, you can rely on the systems setup for a company that specializes in global fulfillment.
This means you can focus on improving your products to serve customers better. You may spend some money to partner with a global company. However, you can experience more growth when you focus your effort on other parts of your business.
4. Get Better Customer Service
It’s hard to service customers well when you have an inefficient operation. This isn’t uncommon when you’re expanding out of the country. You’re operating in a new area, so you aren’t sure of the best way to operate.
You can ensure great customer service by using a fulfillment company to fulfill orders. They already have a process in place for streamlining the fulfillment process.
And if a customer has a problem, they can reach out to get help from your fulfillment partner. You won’t need to worry about customer complaints because you don’t have a good operation out of the country.
5. Scale Faster
It doesn’t just take money to set up an operation overseas. It also takes a lot of time to set up your systems in your new locations and integrate them with your operation at home.
All of this takes time you may not have. If you want to scale your company fast, you can’t afford to spend time doing all the heavy lifting and setting up a global infrastructure from scratch.
Taking advantage of someone else’s hard work will help you scale your company faster. Since your logistics partner already has the global infrastructure in place, you can tap into their resources to expand your business as fast as you want.
6. Lower Costs
When you expand, you don’t only have the cost of your operation in other countries. You also have to get your products there to warehouse them. Then you have the cost of shipping products from those warehouses to customers.
You may not have enough volume to take advantage of carrier pricing discounts. Because of that, your costs can drastically rise when you start expanding.
Since an eCommerce shipping service already has a lot of business in those areas, they will have those discounts. This means you can take advantage of their discounts for lower shipping costs. You can take advantage of those savings yourself or pass them on to your customers.
7. Comply With Laws
You probably know the laws in your area. It isn’t a problem for you to meet them, and you don’t need to worry about breaking the rules with your local government.
But things change when you expand globally. Countries have different rules on exports, product sales, and business operations. If you aren’t familiar with those rules, you risk getting into trouble and suffering fines.
An experienced fulfillment company can help. You can count on their expertise to help you comply with the laws in other countries and avoid making costly mistakes.
Don’t Hesitate to Hire Global Fulfillment Services
Expanding a business overseas is no easy task. You have to have resources in other countries that can receive your products, house them in warehouses, and get them to customers. If you aren’t a huge company, this is hard to do yourself.
That’s why investing in global fulfillment services makes so much sense. A business fulfillment service will help you set up your business overseas and start selling your product in other countries. Invest in one today to continue expanding your business.
Do you want to learn more tips that will help you continue growing your business? Learn more about business growth by checking out the latest blog posts.