Obviously cutting the middleman out of the equation provides the potential for brands to earn a higher margin and have direct access to their consumers and their data. But there are other notable benefits of selling D2C, which we explain below:
Benefit #1 To gain a better understanding of the customer
Before the intervention of D2C, manufacturers rarely interacted with the people who purchased their product. Sure, brands may try to get a good understanding of their target market by doing research and conducting surveys. But trying to understand your customers through these methods isn’t necessarily the best way to get to know them.
Ideally, you need to have direct contact with your customer through every stage of the sale process, this also includes the communication that you have with the customer after you sold the product. These types of interactions are very hard to replicate in a focus group.
To give you an example, it is widely known that consumers in the US want to eat healthily. GlobalData reports that 87 per cent of consumers in the US check the ingredients before they purchase a food product, and 75 per cent are concerned about consuming too much processed and unhealthy foods. But on the contrary, those same customers, who have said they want to eat healthily, also want to indulge in a gourmet burger served with fries.
D2C enables brands to gain direct insights into their consumers and gather data that accurately reflect their behaviour.
Benefit #2 Faster GTM (go to market)
Besides being stuck in their ways, another reason why most legacy brands tend to shy away from innovation is that of the extreme risks involved. On average, a new product launch takes between 18 to 36 months – too slow, right? That’s exactly what customers feel.
In D2C, manufacturers can take quick decisions allowing them to launch a new innovative product on a smaller scale but faster. Manufacturers can develop a specific product, test it within a very tight demographic, and then get their feedback. This enables large manufacturing firms to understand what their customers love and hate about the product so they can make the required adjustments where appropriate.
Benefit #3 Increased control over brand, product, and reputation
In a traditional manufacturing-retailer relationship, manufacturers could only have full control over their packaging and their outbound marketing activities like TV commercials and billboards. Once the product hits the shelves, larger brands no longer have control in trying to influence the sale.
Even though these large brands try to influence as much as they can through commercial advertisements, if retailers struggle to sell their product, then they’re at risk of incurring a loss.
With D2C, firms maintain complete control over their brand from the moment a customer makes their initial engagement right up until the product has been purchased.
Supercharge your fulfilment with WareIQ now, contact our team.
Top 10 Warehousing Companies in Chennai for eCommerce, B2B and D2C Sellers in 2023
When it comes to rich culture, heritage, political and socio-economic background, Chennai predominantly makes it to the top of the list of the most influential metropolitan cities in India, especially the south. More importantly, its location and connectivity allow it to be one of the major industrial hubs of the country. Recently, when we analyze the last few decades, there have been increases in the city's international and domestic auto industry, OEM, and BPO firms. Multinational companies like Ford, Mitsubishi, Microsoft, Dell, Cisco, Deloitte, and much more have planted or planned to build their base in Chennai. One of the largest benefits that the city poses are its ports. The Chennai and Encore port are backed up by industrial hubs in Sriperumbududr, Mahabalipuram, and Siruseri. These industrial hubs demand proper warehousing facilities, which have grown immensely in Chennai. For those businesses who want to expand in Chennai or are looking for new business opportunities, we have filtered out a list of the best warehousing companies in Chennai. Taking into consideration the futuristic trends of e-commerce, these companies can help you set up shop and grow exponentially in the country. Best Warehousing Companies in Chennai A lot of warehousing companies in Chennai claim to offer the best logistics services to companies. Since Chennai is saturated with several warehouse providers, it becomes difficult for businesses to pick the right one. Despite popular belief, not every company offers the same set of solutions hence the fundamental way of picking the right partner is by exploring some of the top warehousing and logistics companies in the city. Let’s find out. 1. WareIQ Source Founded: 2019 Location: Chennai WareIQ is an industry-leading warehousing company that provides businesses with top-of-the-line storage and distribution solutions. With a focus on operational excellence and customer satisfaction, WareIQ is widely regarded as one of the best warehousing companies in the market. Here are some of its key features: Advanced Warehouse Management System (WMS): WareIQ's WMS is a cutting-edge technology platform that offers businesses real-time visibility and control over their inventory, allowing them to make informed decisions about their supply chain operations.Multi-Channel Fulfillment: WareIQ allows businesses to fulfill orders across multiple channels, including eCommerce platforms, retail stores, and marketplaces, enabling businesses to maximize their reach and profitability. Fast and Reliable Order Fulfillment: WareIQ's expert team of warehouse professionals ensures that orders are processed and fulfilled quickly and accurately, with a high level of attention to detail and quality assurance. Flexible and Scalable Storage Solutions: WareIQ's state-of-the-art warehousing facilities offer businesses flexible and scalable storage solutions that can be customized to meet their needs, from short-term storage to long-term warehousing. Real-Time Inventory Tracking: With WareIQ's advanced technology platform, businesses have real-time visibility into their inventory levels and can track their products from when they arrive at the warehouse to when they are shipped out to customers. Dedicated Customer Support: WareIQ's team of dedicated customer support professionals is available around the clock to provide businesses with the support they need to optimize their supply chain operations and achieve their business goals. Overall, WareIQ is an exceptional warehousing company that offers businesses advanced technology solutions and expert support services to streamline their supply chain operations and improve their bottom line. 2. ProConnect Supply Chain Solutions Source Founded: 2012 Location: Guindy, Chennai Started in 1999 and now one of the leading warehousing companies in Chennai, ProConnect is a part of the Redington group, a $ 6.5 Billion empire. The company specializes in warehousing and end-to-end supply chain solutions across the major industrial sector. They have a combined space of over 172 warehouses and 6 million sqft of space. ProConnect has acquired the delivery capacity to more than 36,000 customer locations. Further, the company has a wider reach to the Northeastern part of the country through its subsidiary, Rajprotim Supply Chain Solutions limited, therefore enabling them to fulfill supply chain requirements across the country. Major services provided by the firm include - warehousing, reverse logistics, In-plant logistics management, project management, supply chain consulting, transportation, etc. Key Features Modern, advanced, ready-to-use, and state-of-the-art infrastructureEnd-to-end supply chain services3PL servicesMore than Rs 100 Crore turnoverOnline tracking and visibility 3. NDR Warehousing Pvt. Ltd. Source Founded: 1986 Location: Maduravoyal, Chennai NDR currently tops the list of the pioneer warehousing companies in Chennai to provide cost-effective and efficient storage solutions to many businesses that deal in the industrial, commercial, and consumer sectors. NDR was founded by the Late Naidu Dasaradharami Reddy in 1986 with a modest warehousing space of 400 sqft; it has now expanded its horizons to the North, South, East, and West of the country with a combined space of 18 million sqft. Today it is headed by the visionary and top warehouse operator in India, N Amruthesh Reddy, who has given NDR the position of the first-choice provider of Warehousing Space and industrial Parks for many Fortune 100 companies. NDR is also amongst the top and most reliable providers of Domestic Conglomerates and 3PL services. Key Features The first company to initiate private freight terminals in South, North, and West IndiaThe first private bonded warehouseOwns new and advanced Warehousing solutions and techniques to reduce margins and enhance operational efficiencyFirst domestic GSA for air cargo catering to the pan India domestic network 4. Indospace Source Founded: 2007 Location: Puduvoyal, Chennai Indospace was founded in 2007 and led India's largest industrial and logistics real estate. Ever since its inception, Indospace has proved to provide Grade A services that have contributed tremendously towards the growth of industrialization and balanced the supply chain ecosystem. This warehousing company in Chennai stands at an investment of $ 3.2 billion and is deemed as the only pan India logistics and industrial park developer with 46 operations parks and under-development projects across 51 million square feet. Indospace is a trusted partner of GLP, which is the world’s largest investment manager in logistics real estate; this enables them to garner international expertise and build global networks. The logistics park developed by the company not only provides world-class opportunities for expansion to its clients but also believes in environmentally friendly solutions, having been certified with the prestigious Indian Green Building Council. Key Features Ready to use industrial and warehousing space.Built-in strategic locations to aid the distribution networksBuilt-to-suit service.Plug and plat infrastructure.Environmental friendly properties and amenitiesCost-effective business expansion 5. ACME Warehousing Pvt. Ltd Source Founded: 2010 Location: Madhavaram, Chennai ACME Warehousing Pct Ltd was founded in 2012 with an exclusively dedicated warehousing space of 2 Acres and 55000 sq ft. The company aims to provide exclusive solutions for companies looking for exceptional warehousing spaces. The firm holds a spectacular client portfolio and uses it as leverage to build trust and networks in the supply chain ecosystem. ACME believes that customer satisfaction is the only formula to its success, and with the same vision, it provides a wide variety of services to its clients, starting from bonded and non-bonded warehousing, order fulfillment, pickup, and packing, special handling of luxury goods, inventory management, reverse logistics, distribution, quarantine, and disposal management, co/re-packing, etc. Key Features High-level security for goodsYears of warehousing experienceA computerized tracking system is availableA shelf system is available in warehouses 6. Varuna Group (Varuna logistics and Varuna Warehousing) Source Founded: 1996 Location: Neelankarai, Chenna Built at the dawn of a new era when Indian logistics just came to the surface, the Varun Group saw its inception in 1996. Since then, it has upheld its principles of customer-centricity, operational excellence, and transparency. Today the group partners with some of the pioneers in the supply chain industry and provides them with end-to-end solutions for all their logistics and operational requirements to reduce the effective landed cost of products. With 1500+ trained professionals and 60+ branches all across the country, Varuna Group strives to accelerate the growth of its clients by providing incredible service. Their logistics management services include transportation, warehousing, inventory, and supply chain management, laced with advanced algorithms and real-time tracking technology. They measure their performance with industry-recognized KPIs and have a track record of 95% on-time placement, saving transit time by 50%, and 99.8% order fulfillment accuracy. Key Features Primary and secondary transportation servicesProject cargo servicesAdvanced preventive fleet diagnostics and vehicle maintenance system Real-time vehicle tracking and monitoringSafe lock mechanism and other security measuresDistribution, consolidation, and in-plant warehousingDedicated Warehousing Management SystemPrompt on-road accident and maintenance team in place 7. Warehousing Express Logistics Pvt Ltd Source Founded: 2015 Location: Chennai Armed with 25+ years of experience and built by veteran logistics leaders, it is one of those warehousing companies in Chennai that promises to give you a ‘ competitive edge.’ Warehousing Express Logistics Pvt Ltd works with major multinational companies in India and produces excellent, cost-effective, and tech-enabled logistics, warehousing management, and distribution service network services. The company regards itself as the finest warehousing facility that is strategically located near ports and the city. They provide domestic transportation services via road, railway, and air across the country, along with other services like inventory management, contract logistics, etc. Key Features Supply chain and logistics trade consultancyLogistics automation and technology servicesIn-plant/onsite warehouse operations3PL logistics servicesLate-hour customer care and urgent shipping services 8. TVS Industrial & Logistics Parks Pvt. Ltd Source Founded: 2005 Location: Mogappair, Chennai, Home to a total workforce of 50,000 employees, TVS SCS is India’s largest supply chain solution provider spread over 19 countries and has an $8.5 billion turnover. TVS ILP is a joint venture of TVS SCS, again a part of the T.S Rajam Family and Ravi Swaminathan Family. TVS ILP is considered to be one of the most influential players in the organized logistics and warehousing markets in the country, providing high-end and technology-enabled solutions to its clients. It offers an integrated infrastructural solution, EPC solutions, and warehousing as well as logistical facilities of global standards. TVS ILP has worked with several manufacturing and commercial giants, namely Amazon, Bridgestone, Flipkart, Cars 24, ISUZU, Godrej, etc. Key Features Pan-tier and pan-India presenceSuperior quality PEB, MEP, flooring, and other ancillary works in manufacturing facilitiesGrade A warehouses that are customized, palleted, and racketed with ideal PEB spanning to optimize space.Strategically located parks at major industrial nodes. 9. Ascendas Firstspace Development Management Private Limited Source Founded: 2016 Location: Csir Road, Chennai Created as a joint venture between Acendas and Firstspace Realty, this logistics real estate giant is a perfect blend between local and global. This platform was created to address the logistics and industrial infrastructural challenges in India. The ideal combination of CapitalLands global expertise with the rich local and real estate experience of Firstspace, Ascendas-Firstspace offers dedicated logical solutions and growth opportunities to various industry verticals, namely 3PLs, e-commerce, automobiles, FMCG, modern retail, manufacturing, etc. This is one of the leading Warehousing companies in Chennai. Key Features Strong transparency and corporate governance standardsSustainable logistics propertiesBuilt-to-suit warehouses, buildings, and factoriesInventory of buildings for warehouse and ready-built factory30 million sq ft of industrial and logistics space 10. All Warehouses and Industrial Parks Pvt. Ltd Source Founded: 2020 Location: Alwarpet, Chennai With 90% of the entire market inventory under their list, All Warehouses is one of the leading warehousing companies in Chennai and the single largest aggregator of Industrial Real Estate in the south. They believe in customized solutions for all their customers and ensure proper coordination and client satisfaction. The Industrial real estate solution includes warehouses, godowns, sheds, cold storage facilities, and manufacturing facilities across India. Key Features 45,00+ acquired land21+ million sqft of commercial leased space5-minute lead response time [contactus_uth] Services Offered By Warehousing Companies in Chennai Inventory Management The entire supply chain process, from ordering to the delivery of the product, comes under inventory management. These include tasks like distribution, product counts, lead times, etc, and are done for every type of business and commercial operations. One of the most crucial aspects of Inventory management is utilizing the warehouses to cycle count and analyze the delivery of goods. This allows you to reduce the receiving errors which may happen as a result of internal mishaps. Order Fulfillment For complete order fulfillment, the integration of internal and external operations. Companies that provide warehousing services also offer fulfillment services to their clients that include everything that comes after an order is placed namely - picking, packing, shipping, labeling, customizations, and taking care of returns. Contract Warehousing Building a warehouse from scratch, especially at multiple distribution centers takes a lot of time and resources. Hence, one of the most popular services that startups have adopted these days is outsourcing warehouse facilities to third-party providers. This enables them to set up newer distribution channels overnight and start delivering consumers which would otherwise have taken years to establish. To overcome the competitive marketplace, contract warehousing is one of the most effective services provided by Warehousing companies in Chennai. Transportation Warehousing companies in Chennai sometimes also provide transportation services to businesses through multiple channels such as air, dock, railway, and road. This can include delivery as well as pick up of cargo. Having a warehousing firm that can take care of the movement of goods might just be what your business needs to experience exponential growth. Cross Docking After the goods are transported from their manufacturing units, they require to be sorted into multiple shipments before being delivered to the consumers. Cross docking, therefore, allows goods to be routed to several distribution networks from single or multiple manufacturing units. Those manufacturers who do not have the financial strength to handle order shipments to special locations or to fulfill special deliveries require cross-docking services provided by warehouses. Transloading The operation in which the goods are moved from one mode of transport to the other is called transloading. For example, some warehouses provide pickup services from the port where the goods are being off or unloaded from the ships and then transferred to the trucks to be sent to the warehouses. How To Choose the Best Warehousing Companies in Chennai for Your Business? Warehouse Mapping Before you decide on the right Warehousing companies in Chennai, you must ask yourself a question, is this warehouse enough to accommodate my current as well as future storage requirements? Evaluation and mapping the size and dimension of the warehouse is of utmost essential because the services you opt for must have flexible solutions for current and future possibilities. The warehouse provider must be able to manage the volatility of your business, be it scaling up or scaling down. Hence, the provider must understand your business well; they must know when you may require more spacing due to order volume fluctuations, must help you cut down on costs when you require less spacing, and so on. Warehouse Location A strategic location allows you to save time on lead delivery as well as money on transportation costs. It is important to first analyze your business and your supply chain to identify the most suitable location for your warehouse needs. For example, if your business involves the export and import of goods, your warehouse must be located near ports or other transportation hubs. If your business requires you to restock frequently, you should be close to the city and connected to highways. Safety Management Warehousing companies in Chennai will ensure that their safety management systems align with your requirements. Pick a provider whose storage facilities have alarms, cameras, fencing, and other security measures to prevent theft. Make sure they have backup management and quick reaction systems in place to avoid damage to products and that they provide insurance to you for the same. Tech-Enabled and Integrated Management and Logistics Solutions Warehousing companies in Chennai and distribution centers can improve their efficiencies with a proper WMS or warehouse management system. WMS can help you improve your inventory visibility, balance demand fluctuations, integrate the execution systems and workflow, enhance your storage and distribution performance, and much more. A good warehousing provider will include a WMS system with cloud-based integration. There are SaaS options also available with this technology. Customer Reputation Customer reputation builds your brand. Warehousing companies in Chennai will have worked with multiple businesses and organizations across multiple sectors, so picking the top players in your vertical is important. Genuine service providers will have multiple client surveys, feedback portals, and a proper client portfolio at your disposal so that you can remain assured of the services you plan to opt for. Wrapping Up: Choosing WareIQ For All Warehousing Needs A right and dependable warehousing partner is crucial for the success and growth of any business. Apart from exploring the services of the best warehousing companies in Chennai, you must also analyze the key requirements for your business so that your interests align with the services you require. Rest assured, some research and reading will help you get there. What are the Benefits of Using a Warehouse?Using a warehouse provides numerous benefits to businesses, including:1. Increased storage space: Warehouses provide businesses with extra space to store their goods and materials, which can be particularly helpful for companies with limited space at their facilities.2. Improved inventory management: Warehouses allow businesses to store and organize their inventory more efficiently, making tracking and managing it easier.3. Better protection for goods: Warehouses often have security measures in place to protect goods from theft, damage, and other risks, such as fire or flooding.4. Cost savings: Using a warehouse can be more cost-effective than renting additional office or retail space to store inventory and can also help reduce transportation costs by providing a central location for goods. What Types of Products Can be Stored in a Warehouse?Almost any type of product can be stored in a warehouse if it is not hazardous or illegal. Some common examples of products stored in warehouses include:1. Consumer goods: such as electronics, clothing, and household items.2. Food and beverage products: including perishable and non-perishable items.3. Construction materials: such as lumber, steel, and cement.4. Automotive parts and supplies: including tires, batteries, and engines.5. Medical and pharmaceutical products: such as vaccines and prescription drugs. How Do I Choose the Right Warehouse for my Business?Choosing the right warehouse for your business depends on several factors, including:1. Location2. Size and capacity3. Amenities4. Cost5. Reputation What is the Difference Between a Warehouse and a Distribution Center?The main difference between a warehouse and a distribution center is their purpose and function. A warehouse is used primarily for storing goods and products until they are needed, while a distribution center is a facility that receives, stores, and then distributes goods to customers or other facilities. Distribution centers are typically designed to handle a high volume of goods and operate with a focus on speed and efficiency, while warehouses may have a wider range of functions, including storage, inventory management, and order fulfillment. How Can I Improve the Efficiency of My Warehouse Operations?There are several ways to improve the efficiency of warehouse operations, including:1. Analyzing and optimizing your layout and workflow to reduce travel time and increase productivity.2. Investing in technology such as warehouse management systems, automated material handling equipment, and barcode scanners to streamline operations and reduce errors.3. Implementing lean principles such as 5S, visual management, and continuous improvement to eliminate waste and improve efficiency.4. Provide training and support for your employees to ensure they have the skills and knowledge needed to perform their jobs effectively.5. Monitoring and measuring key performance indicators (KPIs) such as order accuracy, order cycle time, and inventory turnover to track progress and identify areas for improvement.
March 29, 2023
List of Top Logistics Companies in Ludhiana for eCommerce, D2C and B2B Sellers in 2023
Ludhiana is the largest and most populous city in the Northern Indian state of Punjab. It is widely regarded as the commercial capital of Punjab and has even been called “The Manchester of India” by the BBC for its industrial prowess. It has been ranked 48th out of 100 smart cities in India and has also been acclaimed by the World Bank as being one of the easiest cities to do business in. There are also plenty of logistics companies in Ludhiana to take advantage if this. The city also has a vast and diverse history, making it home to some major historical attractions in its own right, as well as being in close proximity to neighboring Amritsar’s Golden Temple. The city is a manufacturing hub, producing goods like auto parts, garments, machinery, household appliances and much more. It is also the largest bicycle manufacturer in Asia and is responsible for outputting more than 50% of all cycles that are made in India. All these factors make Ludhiana an attractive place to do business. However, all sellers need varying amounts of assistance with their logistics and distribution if they want to grow their business and fulfill orders throughout India. In this blog, we will go through the importance of partnering with logistics companies in Ludhiana and the top 5 options in the city. The Importance of Partnering With Logistics Companies in Ludhiana Provides Access to Expertise Logistics companies in Ludhiana have the expertise and experience in handling the transportation, warehousing and distribution of goods. They have specialized knowledge in areas such as route optimization, freight management and customs regulations. Partnering with freight forwarders in Ludhiana can provide your business with access to this expertise, which can help in improving your operations and making informed decisions. Enables Cost Savings Logistics companies in Ludhiana can help businesses save costs by optimizing transportation routes and minimizing waste. They can also negotiate more cost-effective pricing with carriers and suppliers due to their volume of business, which can result in lower transportation costs for individual sellers. Additionally, freight forwarders in Ludhiana can help businesses avoid costly mistakes such as incorrect labeling, improper packaging or shipping delays, which can lead to additional costs and poor customer feedback, which may deter prospective customers. Improves the Efficiency of Operations By partnering with logistics companies in Ludhiana, your business can streamline its supply chain operations and improve its efficiency. Logistics companies can provide a range of services, such as product storage, inventory management and order fulfillment, which can help your business focus on its core competencies. This can result in faster delivery times, improved customer satisfaction and increased sales, as well as better product research and marketing efforts. Increases Scalability Logistics companies in Ludhiana can help businesses scale their operations as they grow. They can provide additional capacity and resources as needed without businesses having to invest in their own infrastructure. This can be especially advantageous for businesses that experience seasonal or fluctuating demand. If you have plans of eventually scaling your operations and product range like most companies do, partnering with a competent logistics company is essential in making that journey possible. Enhances Risk Mitigation Partnering with logistics companies in Ludhiana can help businesses mitigate risk. Logistics companies have expertise in compliance and regulatory issues, which can help sellers avoid legal and financial penalties. They can also provide insurance and risk management services, which can protect businesses against losses due to theft, damage or other unforeseen events. Additionally, many of them offer services like customs clearance and document consolidation to ensure that all the necessary paperwork is in order for the import and export of products. List of Top Logistics Companies in Ludhiana in 2023 WareIQ Source Founding Year: 2019Services Offered: Order fulfillment, pan-India storage network, last-mile delivery, shipping aggregation, returns management and more.About the Company: WareIQ is one of the best logistics companies in Ludhiana and the entire country for the sheer scale and complexity of the services it provides. The company leverages the use of advanced technology like AI and ML to provide highly efficient, quick and cost-effective solutions for requirements like order fulfillment, inventory management, product storage, domestic and international shipping, automated replenishment, last-mile delivery, returns management and much more. It also provides many value-added services, such as intelligent inventory placement recommendations, smart courier allocation, customizable packaging, branded tracking and a fully functional app store. These types of features help it stand out from the crowd and, coupled with its cost-saving facilities like a lack of minimum order requirements and flexible pricing schemes, make WareIQ a bang-for-the-buck proposition. [signup] BRC Supply Chain Services Source Founding Year: 2021Services Offered: Customs clearance, warehousing, freight forwarding, packaging, consultancy and more.About the Company: BRC Supply Chain Services is a relatively new logistics and freight forwarding company that has already garnered a reputable reputation for the services it provides. Its headquarters are in Ludhiana and it provides a comprehensive spectrum of supply chain services, as well as specialized solutions and other third-party services. The business aids in providing shipping, warehousing and transportation services. The company also provides additional perks, such as round-the-clock customer support, door-to-door delivery, multiple product safety features and much more, making it one of the best freight forwarders in Ludhiana. M Primex Logistics Source Founding Year: 2012Services Offered: Trucking, freight forwarding, packaging, transportation, distribution and more.About the Company: In 2012, M PRIMEX Logistics was founded. It has since become a leading logistics and distribution firm with its headquarters in Ludhiana. It offers top-notch and affordable logistics solutions and offers a wide variety of fulfillment services, including freight forwarding, packaging and much more. It also operates a fleet of trucks that are capable of transporting most types of goods to and from whichever location you need. However, the company does not employ advanced technology such as GPS-based order tracking for customers, does not offer storage facilities and lacks other important facilities, somewhat limiting its functionality. Dei Gratia Shipping Agencies Source Founding Year: 2007Services Offered: Freight forwarding, transportation, door-to-door delivery, warehousing, tailored solutions and more.About the Company: Dei Gratia Shipping Agencies, which was founded in 2007, has amassed enormous knowledge in providing global freight forwarding, transportation, storage and other services. The company is based in Ludhiana, Punjab. Because they are knowledgeable about the most recent technologies, their personnel can best serve the needs of their clients. The company offers reasonably priced logistics services that can be accessed by every type of business. They also help with routinely planning door-to-door deliveries according to each client’s requirements. Go Speed E Logistics Source Founding Year: 2017Services Offered: Customs clearance, international shipping, import and export assistance, transportation, freight forwarding and more.About the Company: Since its establishment in 2017, Go Speed E Logistics has established itself as one of the top logistics companies in Ludhiana for air cargo, maritime freight forwarding and international shipping. The company is included in Trade India's list of accredited businesses that provide a variety of services, including import shipping from China and international freight forwarding by sea. Additionally, the company also offers services that help with the import and export of goods, such as customs clearance, export refunding, licensing and much more, making it a good option if your business depends on transporting products internationally. Conclusion: How Choosing WareIQ Can Help Streamline Your Company’s Logistics Processes in Ludhiana, Punjab? Ludhiana has been consistently named one of the best cities in the country to do business. Since it is known as an industrial hub, it has an established manufacturing infrastructure that will help your business flourish by providing an easy way to manufacture and procure products that you can ship across the country. It also has good connectivity to the rest of the country by air, rail and road, making it a good base from which to sell your goods and fulfill orders. As a retailer, you simply need to choose the best option among the many logistics companies in Ludhiana that suit your goals, budget and existing order volume. You can do this by doing some research, checking existing reviews and asking companies directly for quotes, and comparing all of them. If you need a logistics company that can handle your entire logistics portfolio and then some, WareIQ fits the bill. WareIQ is one of India’s leading logistics and fulfillment companies that specializes in a wide swathe of tasks, ranging from order fulfillment to inventory management and everything in between. Some of our key services are listed below: Nationwide Storage Network We have a countrywide storage infrastructure that consists of fulfillment centers on a national scale and dark stores on a local level. Also, we offer AI-based recommendations for inventory placement as to where to keep your stock in relation to your clients. Collaboration With Several Shipping Companies We help your clients can access ultra-fast delivery thanks to our alliance with the biggest shipping services in the world. Additionally, we have a smart courier allocator that chooses the most affordable and expedient shipping method for each order. International Shipping Services We provide international courier services using our WareIQ Global platform, which takes care of paperwork, customs clearance and product storage in the country of delivery in more than 220 countries and territories worldwide. A Custom WMS We offer an in-house WMS that can link with a number of shipping companies, online marketplaces and website hosting systems and also enables you to access your inventory and order data from anywhere, get real-time updates, automate reorder triggers and do much more. Reverse Logistics We fully handle your returns management process, taking care of everything from inspection to recovery to transportation and more. We also give you an RTO Shield to help you deal with any unfavorable effects of returns. Logistics Companies in Ludhiana: FAQs Which are the top logistics companies in Ludhiana?The top 5 logistics companies based out of Ludhiana are given below:i) WareIQii) BRC Supply Chain Servicesiii) M Primex Logisticsiv) Dei Gratia Shipping Agenciesv) Go Speed E Logistics What types of services do logistics companies in Ludhiana offer?Logistics companies in Ludhiana offer a range of services, such as:- Transportation- Warehousing- Freight forwarding- Customs clearance- Supply chain management How can you choose the right logistics company in Ludhiana?To choose the right logistics company in Ludhiana, you should consider their experience, reputation, services offered, customer support and pricing. What documents are required to transport goods with a logistics company in Ludhiana?The documents required to transport goods with a logistics company in Ludhiana may vary depending on the type of shipment and mode of transportation. Generally, documents such as the commercial invoice, packing list and bill of lading are required. Can logistics companies in Ludhiana provide temperature-controlled transportation for perishable goods?Yes, a few logistics companies in Ludhiana can provide temperature-controlled transportation for perishable goods. One of those logistics companies that has cold storage facilities is WareIQ.
March 28, 2023
2-Day Shipping: The Perfect Strategy To Expand Your eCommerce Business in 2023
Online shopping has found its place in the fundamentals of the common man ever since the pandemic unraveled minute obstructions in their daily lives. But with a little convenience comes the expectation of a bit more, so much so that the free 2 day shipping introduced by Amazon prime in 2004 is the new competitive benchmark for all e-commerce businesses. Studies backed up by data give us a rather clever view of trendy consumer behavior. About 26% of shoppers online tend to give up at the last stage of the buying process because of slow shipping, and almost 53% of shoppers consider the delivery time an important deciding factor. The interesting part is; shoppers not only expect a faster delivery system, but 75% of shoppers in the US also want free deliveries on their orders. The bigger question arises when we think about small to medium-sized businesses that struggle with their order volumes and the ever-rising shipping costs. How are these businesses ever going to compete with giants like Amazon or Walmart in upping their delivery game? The 2 day shipping facility has created big pressure points for businesses who cannot afford to have large infrastructural and shipping strategies every now and then, but they can get back in the game and offer expedited free delivery to retain their customers and grow their brand perception. Let us find out more. What is 2 Day Delivery? The 2 day shipping in eCommerce and delivery refers to the TAT or Turn Around Time of 2 days for an online order to be sent from the fulfillment center to the customer's doorstep. Based on the seller’s internal operation, this TAT can also mean 2 whole days or 2 business days, which is counted from the time of checkout. The 2 day shipping time required by e-commerce brands to complete an order was first introduced by Amazon Prime in 2004 and has now become the standard norm for any fulfillment center to be considered as efficient. [contactus_uth] Why Do You Need 2 Day Delivery? eCommerce has been driving the largest part of the revenue for several countries since the pandemic hit the world. In the US alone, about $4.2 trillion in 2020 was driven as more and more shoppers shop online. As the market grows, so does the competitiveness of the environment, and brands are battling head-to-head to provide the best customer experience. Shoppers value faster deliveries and shipping times; around 84% of consumers do not return to a certain retailer after having a bad delivery experience, and 54% of these shoppers tend to switch retailers when they don't get a fast delivery option. 73% of consumers want to go for the ultimate delivery experience from giants like Amazon rather than trusting an independent retailer for the same. Therefore, 2 day shipping is not an option anymore, it is a necessary tool for sellers to survive in a competitive market and enhance their overall customer experience. How Does 2 Day Shipping Work? The countdown for shipping starts the moment an order is placed, and based on the company’s internal operation, it can either be counted as 2 whole days or 2 business days. To execute a 2-days sipping in e-commerce, the seller has to dispatch the package via air or ground. 1. Ground Shipping Source With this method, the package is sent to the customer via roads in cars, trucks, or vans. This method works, and 2 day delivery can only be availed by the customer if their address is in proximity to the warehouse. To perfectly execute a fast delivery system using ground shipping, the seller has to partner with a 3PL service provider which has fulfillment centers in several parts of the country. 2. Air Shipping Source Ai shipping occurs when the packages are sent to the customers via airplanes or cargo jets. This mode of transit is mostly used for international and express shipments. Sending packages by air usually is a much more expensive way of logistics. However, this is the only way to execute 2-day deliveries to customers whose addresses are very far away from the warehouses. 3. Combine Ground and Air for Cost-Effective Reliability Source A combination of both ground and air shipping methods can prove to be a cost-effective logistical solution. If you can partner with a reliable and large-scale 3PL service provider that has several warehouses distributed across the country and stores data based on past consumer transactions and purchase patterns, you can come up with the most effective shipping method to reach your buyers. Should You Offer 2 Day Shipping? Offering 2 day shipping to the customers is a reliable way to improve and enhance customer satisfaction and maintain retention. It reduces the chances of cart abandonment and order cancellations as well. But sometimes, offering free and expedited shipping to customers can prove to be detrimental to the budget of smaller enterprises, especially if they choose to offer such shipping plans at low cost. To avoid such an instance, you can provide options to the customers along with 2 day delivery, add an expedited delivery charge, or only let this option be available to selected customers like Amazon Prime. Free expedited deliveries, however, are not an appropriate option for all brands and product types. It must be adopted by those products that are considered among the most competitive categories, such as cosmetics, apparel, tech, home decor, etc. These categories are defined by the impulsive buying behavior of consumers and how easily replaceable they are by some other brand that would offer a slightly better deal. Benefits of Offering 2 Day Shipping A seller that decides to opt for 2 day shipping in e-commerce enjoys a lot of benefits. Let’s find out how. Low Purchase Blockers Most customers refrain from buying the product at final checkout because they see a longer delivery option on their order. Per Deliverr’s data, a merchant saw a 300% increase in their regular conversions soon after they opted for 2 day shipping and delivery. Enhance Customer Experience Shopping online is all about the experience, which starts from the moment you order till the time you unbox. A fast delivery mechanism enhances this experience for the customer and boosts their satisfaction with a brand which ultimately enables them to return and shop from your site. Smooth Marketing Tool More than an expected norm, a 2-day shopping option is a smart marketing tool for brands to stand out from the crowd. This can be added as offers on all your marketing materials, such as ads, banners, posts, tags, stores, emails, websites, etc. 69% of customers are more likely to click on a display ad if it has fast and free shipping as a hook. How Does 2-Day Shipping Grow eCommerce Businesses? To stay on top of your game, you must strive to achieve the expectations of your customers and the market. Here is how 2 day shipping in eCommerce can help you expand your business. Resonate with Customer Expectations On average, customers look at three days of shipping as the most acceptable waiting time. Beyond three days, especially after a seller promises a timeline and fails to deliver, the customers are most likely not to come and shop from the site in the future. Hence, committing and providing 2 day shipping and delivery can help you exceed customers' expectations. More and More Sales Having an expedited delivery option can be a great addition to your marketing strategy. These can be used as offers and mentioned in all your display and banner ads, product tags, etc, which will ultimately grand customers’ attention and help you increase your sales revenue. Remarkable Retention Rates The first impression is always and most certainly the last impression. Once the customer is ensured that your brand provides fast and timely deliveries, no one can stop you from excelling in the retention game. Defeat The Giants It is much easier to turn to trusted and popular sellers like Amazon in case small businesses fail to deliver the packages within 2 days or don’t have the vast number of options a large seller like Amazon would have. Therefore, if you have to defeat the giants, you must adopt certain techniques that allow you to execute faster deliveries without pinching your budget. You can also learn about Amazon's pricing strategy here. How Much is the Cost of 2-Day Shipping? How much will a 2 day shipping cost will depend on certain factors like - The mailability of the items that are up for shippingPopular and peak dates on the calendarThe time, day, and date of the shipping scheduleShipping method and the delivery carrier facilityZip code of the origin and destinationDIM weightThe characteristics of the cargo, such as fragility, hazardousness, etc. It is to be noted that the cost that a seller may incur upon the customers for a particular order may also depend on the fulfillment fees and channel costs. The packaging, processing, stocking, and shipping charges all come under fulfillment fees. This fee is also affected based on the pricing models and other services that are opted for by the customers. How to Keep 2-Day Shipping Costs Low? 2-Day Delivery With a Minimum Order Value A minimum order value imposed b the seller ensures that there is no loss on orders that are lower in value. A minimum order threshold to activate 2-day free shipping is one of the most popular incentives provided to customers because of which nearly two-thirds of them actually add extra items to the cart to meet the purchase value. 2 Day Delivery on Specific Zip Codes Transporting packages in a 2 day delivery system can be extremely expensive, especially if you are choosing an air freight carrier. Because of this, certain brands offer free expedited deliveries only to customers who live in the destination zip closer to the seller's warehouse. When the customers place their orders, they will be informed whether or not they qualify for 2 day delivery based on their location. Outsource Your Fulfillment Partner 3PL service providers often have access to discounted and negotiated shipping rates that can help you keep your logistics costs low while enabling fast deliveries to your customers. However, you must choose the right provider for the operation, especially the one whose e-commerce fulfillment services aligns with your sales channels. Customer Membership Plans Instead of providing free and fast deliveries to all the customers, you can play your cards strategically and allow only premium members of your platform to get the benefits. This helps you cover all the extra transit costs, makes your valuable customers feel special, and enables them to only shop from you. The loyalty paid memberships to charge a small and recurring subscription fee from the customers in exchange for certain exclusive benefits such as 2 day shipping, same-day shipping, discounts, etc. By doing so, the customer is also ready to make up for shipping costs way ahead of time and, at the same time, make frequent purchases from your site. Ground Shipping One of the cheapest ways to execute 2-day deliveries is through ground shipping. All you need to do is distribute your network of fulfillment centers across areas of a major purchase or throughout the city. This will ensure that the distance between the items and the destination, along with the travel time, is reduced, therefore allowing you to ship customer orders within 2 days or less. Examples of 2 Day Shipping! If you are handling fulfillment in-house, you can subscribe to shipping plans offered by certain carriers and negotiate with them for discounts. Sometimes these carriers also pick up your packages from your warehouse or offices. If you are an online seller who requires a third-party inventory, partnering with a 3PL can help you easily execute 2 day shipping and deliveries to your customers. Let us look at a few carrier services that provide affordable and fast shipping to small businesses. Suggested Read: How to choose Best 3PL for Small Business? USPS Source If you are a small business with small and irregular order volumes that does in-house fulfillment, USPS is the best option for your business. It provides pre-made boxes for parcels, and the flat-rate shipping option will help you estimate your shipping costs beforehand. USPS picks up your orders for free, either from home or the office, tracks shipment, and provides insurance up to $50 for most parcels. DHL Source Suitable for international deliveries and serving in 220 countries and territories, DHL can help you estimate the best shipping rate and time based on the service that you choose. They estimate these costs based on the destination country and the DIM weight of the cargo. They provide insurance on certain items and also help you with customs clearance. Suggested Read: Top 10 Fastest and Cheapest International Courier Services in India UPS Source With no size limit and suitable for small businesses that want to send large packages, UPS is the most cost-effective option. UPS can pick up your shipment from the warehouse or office at an additional cost, provide 2 day delivery shipments, and guarantee one-day deliveries and international shipping in 220 countries. Why you Should Partner With a 3PL For An Affordable 2 Day Shipping Strategy? Partnering with an experienced 3PL can pose to be extremely beneficial for businesses. Know how. Optimize Shipping Rates 3PL assists businesses when it comes to comparing speed versus cost. It is very important to constantly compare the rates across air and ground shipping to ensure that you are not paying above the line. Low Shipping Rates Due to the high shipping volumes and network distributions, 3PLs can ensure businesses from option for a smooth 2 day delivery system without fear of losing profits on expensive shipping rates. Fulfillment Capacity Increases Most businesses cannot afford to have multiple fulfillment centers across the target country. This creates what is known as the last mile problem that hampers the customers' expectations and creates hindrances in the company’s commitment to providing 2-day deliveries. However, 3Pls has a superior infrastructure and multiple fulfillment centers that can increase the shipping radius by decreasing the distance between the warehouse and the destination. 2 Day Shipping: Wrapping Up Speed has become the mantra for shipping and commercial transportation. To consistently have a competitive edge, businesses need to expand their infrastructure and become more efficient. They can also partner with third-party providers like 3PLs or goods carriers. Outsourcing can help you tremendously cut down costs on shipping and enhance customer experience by fulfilling all your commitments to free 2-day deliveries. WareIQ is one such eCommerce fulfillment company that enables same day and next day delivery to its clients with its 2 day shipping or same-day shipping offerings. 2 Day Shipping: FAQs What is 2 Day Shipping?2 day shipping is a service offered by companies that allow customers to receive their purchased products within two business days from the date of order placement. How Does 2 Day Shipping Work?When a customer places an order, the company processes the order and ships it out within 24-48 hours. The shipping carrier then delivers the package to the customer within two business days, depending on the location. Is 2 Day Shipping Guaranteed?Most companies that offer 2-day shipping have a guaranteed delivery policy. If the package does not arrive within the promised timeframe, the company will often refund the cost of shipping or provide a discount on a future purchase. How Do I Qualify For 2 Day Shipping?To qualify for 2-day shipping, customers usually need to select this shipping option at checkout and pay an additional fee. Some companies offer free 2-day shipping for certain products or for customers who meet a minimum purchase requirement. Can I Track My 2 Day Shipping Order?Yes, most companies provide a tracking number for 2-day shipping orders that can be used to track the package during transit. This allows customers to monitor the progress of their package and estimate its arrival time.
March 27, 2023