How Multi-carrier Parcel Shipping Can Help Your Delivery Strategy in 2024
By leveraging multiple carriers, businesses can ensure faster deliveries, improved customer satisfaction, and cost savings, even if growth continues and demands shift. Read the benefits of adopting a multi-carrier parcel strategy in 2024.
A new year may have just begun, but many of the same challenges remain for the delivery sector. Growth is predicted to continue, with global parcel delivery market revenue expected to increase by 4.2% between 2024 and 2030.
However, even if the market is projected to continue expanding, there are also some expected changes. Customer expectations will no doubt alter and technological evolution, whether it leads to autonomous vehicles or green logistics, is inevitable. With that in mind, a multi-carrier parcel strategy is likely to be the only way for businesses to meet the variety of challenges coming their way in 2024.
By leveraging multiple carriers, businesses can ensure faster deliveries, improved customer satisfaction, and cost savings, even if growth continues and demands shift. Of course, brands may encounter challenges around the adoption of a multi-carrier approach, which is why choosing the right shipping software is essential.
The right software solution will open your brand up to the many benefits that come with a multi-carrier parcel strategy. We’ve outlined a few of them below:
Through a multi-carrier approach, businesses can optimize routes and ensure timely deliveries. Data can be collected and analyzed from multiple carriers, providing a more well-rounded picture of delivery times, bottlenecks, and fastest routes. This type of strategy also offers more flexibility for customers and can enhance satisfaction levels as a result.
“By leveraging multiple carriers, businesses can ensure faster deliveries, improved customer satisfaction, and cost savings, even if growth continues and demands shift”.
By using multi-carrier shipping, businesses can ensure that their products are able to reach customers – wherever they are based. Because each carrier has its own geographical reach and service areas, working with multiple carriers can greatly increase the areas that a company covers.
Cost savings and negotiation power
Admittedly, managing multiple integrations with multiple carriers can become expensive. There are certainly challenges to adopting a multi-carrier strategy and rising costs is certainly one of them. These can include integration, maintenance, development, and other overheads. But multi-carrier shipping doesn’t have to be like this. Instead, it can actually lead to cost savings, allowing e-commerce firms to compare rates so they get the best deal.
Plus, by avoiding a single-contract approach, businesses won’t lose out financially when capacity problems or other issues arise that prevent delivery altogether. By having multiple carriers at their disposal, businesses can compare shipping rates, negotiate better deals with each carrier, and keep their goods on the road.
More sustainable options
Sustainability is a trend that isn’t going away in 2024. Recent research indicates that 25% of shoppers will switch retailers if sustainable delivery options aren’t offered. If your brand prides itself on its green credentials, a sustainable delivery option should be available to consumers.
A multi-carrier strategy gives brands the best chance of being able to offer customers environmentally-friendly delivery options. Sustainability has become an essential consideration at the checkout. Working with multiple carriers within your delivery strategy means you can better meet a customer’s environmental needs.
Software to support your strategy
No one is saying that multi-carrier shipping is easy to implement but as customer demands continue to multiply in 2024, it represents the only way of reliably meeting delivery expectations. Paazl can save you time and money by offering a single Rest API integration, which provides you access to more than 40 carriers and hundreds of delivery options. It allows your company to enjoy all the benefits of multi-carrier shipping without the drawbacks.
With 2024 already underway and e-commerce firms tasked with balancing multiple contracts, logistical flexibility, consumer loyalty, cost transparency, and international growth – all while juggling mountains of data – a multi-carrier strategy is needed now more than ever.
Don’t be intimidated by the idea of a multi-carrier approach. Work with Paazl to craft your multi-carrier strategy and access all the benefits it provides.