Increasing your margins with Pickler
In today's competitive market, increasing profit margins is one of the top priorities for any business. Every decision you make plays a role in your bottom line - from sourcing materials to choosing packaging and transportation. Pickler can be a powerful tool in your arsenal to help you optimize your packaging choices to boost your profit margins.
A Quick Summary of the Main Costs in Packaging
Packaging costs involve more than just the price of materials. Think about the entire lifecycle:
Materials: The type and amount of materials used directly impact cost.
Production: Manufacturing processes, printing, and labor are all factors.
Transportation: Weight and volume significantly affect shipping expenses.
End-of-life: Disposal or recycling costs can vary greatly.
Even seemingly small differences in packaging choices can have a big impact. For example, two cardboard boxes that look almost identical. One is made from recycled materials and is optimized for efficient shipping, while the other uses virgin materials and has excessive void fill. These subtle differences can lead to significant cost variations, and Pickler can help you identify them.
How Pickler Helps Increase Margins
Pickler provides you with insights that help empower you to make cost-effective packaging decisions, ultimately increasing your margins. Here's how:
Optimizing Packaging Design:
Pickler can help you identify the most cost-effective materials for your packaging. You can minimize material usage without compromising product protection by analyzing factors like weight, volume, and transportation efficiency. For example: By using Scenario Products and Comparisons, you might discover that a slightly smaller box, made with a lighter-weight but equally protective material, could significantly reduce your material and shipping costs. This seemingly small change can translate to a significant boost in your profit margin over time.
Reducing Waste and Environmental Impact:
Sustainability and cost reduction go hand in hand. Pickler can help you identify opportunities to minimize waste throughout the packaging lifecycle. This translates to:
Lower material usage: Less material used means lower material costs.
Reduced waste disposal fees: Minimizing waste reduces disposal expenses.
Reduced environmental impact: This can enhance your brand image and attract environmentally conscious customers, potentially leading to increased sales.
For example: Pickler might help you discover that switching to a more easily recyclable material reduces your packaging's environmental impact and lowers your waste disposal fees due to improved recyclability.
With the information above, we hope that you are well-equipped to begin increasing your profit margins. Should you have any questions regarding the above, then don't hesitate to reach out!