How you package your products impacts your
business bottom line. Truth be told, sometimes consumers show reluctance in
buying an item they are interested in just because its outer package isn't
attractive enough. And what about the products that arrive by mail? The same
truth holds good there. Better package leads to higher satisfaction with the
product and higher chance that people will make purchase from that business
again. Additionally, what business doesn't want to cut cost, increase profit
and reduce labor cost all at once?
1. Going Green
How to achieve that efficiency with packaging,
you may ask. After all, it is the last task in a product manufacturing process,
and what is inside matters more, right? Wrong! A good packaging adds value to
the product you are selling. Good packaging may come in many shapes and forms,
the most popular being green packaging. No more PVC films, corrugated materials
and broken glasses. Today's technology has led to the use of new Polyolefin
materials that are flexible and inexpensive at the same time. Besides, they can
be cut, dyed, printed and designed in various ways. Best of all though, they
are environment friendly. So, new environment enthusiasts in the packaging
field can take a note of this.
2. Thinking Way Ahead
One of the most common mistakes in a failing
business is to procrastinate packaging decisions. It is always better for the
company revenue if this decision is made as early as possible along with other
important tasks. Why? Because delaying this decision means more expensive and
clunky designs, waste of time and money. In essence, packaging should always be
a topic to discuss in every business meeting held - be it in the start or
somewhere in between. So, where to begin? Make an itemized list of your design
requirements. Consider the size of the product, cost of packaging, space
constraints, labeling and everything else related to this process.
3. Maintaining Packaging Machinery
This tip cannot be emphasized enough. Just like a
car needs regular tune-ups, packaging machinery needs regular upgrades and
maintenance in order to achieve required efficiency. So, do not hesitate in any
way to make that call for a serious upgrade. Most of all, do not delay to
maintain them as needed. With packaging machinery running smoothly, you will
see reduced overhead cost, expenses close to or less than your budget and
overall improvement in production.
4. Reducing Labels
Now that you have looked at a few tips to create
efficiency in packaging products, it is time to focus on labels. Stick-on
labels, printed labels and design labels can cost a lot if you are ordering
from outside. So, why not use the default one that comes with shipping? This
move can not only reduce unnecessary cost but prevent redundancy. Also, printing
labels directly on the packaging supplies can cut an extra step out of the
packaging process.
5. Gathering Information
If you are not keeping track of price for every
material involved in packaging, such as cardstocks, labels, tape and
polyolefin, you are doing no favor to your revenue growth. Because these prices
can fluctuate almost every month, make sure that materials are affordable, and
you have back up suppliers handy. Another way to cut cost is to buy in bulk
whenever possible and beat the inflation.