When your customers shop for products on your store, they typically expect fast shipping. Customers don’t want to wait for too long to get the products they’ve paid for. In fact, according to a survey cited by eMarketer, the most commonly-cited “acceptable timeframe” for order shipping was three days (by 24% of survey respondents). The next most acceptable timeframe for shipping was two days (19% of respondents).
Faster shipping means packages arriving sooner rather than later—which makes for happier customers. So, when many customers shop for items that they want to arrive as soon as possible, they look for an “express” or expedited shipping option.
What is expedited shipping? How much does expedited shipping cost? Can you offer expedited shipping to your customers without breaking the bank?
Expedited shipping is an optional shipping service that some carriers offer that reduces the time it takes for a package to arrive at its intended destination—in exchange for some nominal fee. Different carriers may apply different names to this service, such as calling it “priority mail.”
Some carriers use the term “express shipping” synonymously with “expedited shipping,” while others use the terms to refer to different levels of service.
When comparing expedited shipping vs standard shipping, the two primary differences are delivery speed and the cost of shipping. Expedited shipping costs are almost always higher than standard shipping costs because of the extra measures the carrier has to take to speed up the delivery process. However, many customers are willing to pay the premium to get the expedited shipping time so they don’t have to wait for slower shipping methods.
The actual time it takes for a package to arrive via expedited shipping vs standard shipping can vary based on how far it needs to travel and whether it’s crossing any national borders. Even an “expedited” package may languish in customs between countries. Generally speaking, expedited shipping can take a shipment time of around five days and reduce it to two or three—however, this will vary from one carrier to the next and it may also depend on the shipping zones your expedited packages cross.
One of the biggest concerns when using expedited shipping options is the cost involved. So, a common question that ecommerce entrepreneurs and their customers have is: “What will expedited shipping cost me?”
Unfortunately, there isn’t an easy answer to this question. Why? Because there are too many variables, such as the specific carrier used, the weight of the package, the shipping zones the package needs to cross, and when the parcel is delivered (some carriers offer Sunday delivery at an additional cost).
Here are a few expedited shipping cost examples from different carriers:
Expedited Shipping Service |
Minimum Cost |
Maximum Package Weight |
Maximum Package Dimensions |
$26.35 (Post Office) $22.75 (Commercial Base®/Plus®) |
70 lbs. |
Length/Girth of 108” |
|
$19.30 (1 lb. package) $219.00 (150 lb. package) |
150 lbs. (heavier packages can be shipped using a multiplicative cost based on shipping distance) |
Length/Girth of 165” (combined) Maximum 108” Length |
|
$19.11 (1 lb. package) $219.00 (150 lb. package) |
150 lbs. |
Length/Girth of 165” (combined) Maximum 108” length |
This is not a comprehensive chart—it simply lists one of the express delivery options from each carrier. The minimum costs listed assume only a single “shipping zone,” so longer distance shipments may cost more than the rates stated here. Additionally, carriers may assess additional surcharges based on the items being shipped or other issues that may impact a package’s deliverability.
Depending on the distance and package weight/dimensions, expedited shipping can be a major cost. Being able to offer fast shipping to customers may be well worth paying a premium, however.
How can you offer expedited shipping to customers without it putting too big a dent in your operating expenses? Here are a few options to consider:
Do you want to conquer the market with fast, convenient fulfillment marketing and shipping options for your products? Do you want your products even faster to market with warehouse kitting services? Reach out to The Fulfillment Lab today to get started!