What Is Expedited Shipping? – A Quick Guide To Expedited Shipping

All about Expedited Shipping

Same-day delivery, next-day delivery, 2-hour delivery, pallet delivery, and the list goes on… there are numerous shipping options available in the market but the one thing that matters most is delivery speed. Fast shipping means a better option.

Expedited shipping is one of the best ways to provide a fast delivery service to attract more customers. Don’t worry, we’ll discuss everything in this article about expedited shipping and will be guiding you on how your business can get benefit by offering expedited parcel delivery to your customers.

What is Expedited Shipping?

Expedited shipping is a method of delivery that ships products to customers with guaranteed faster delivery. Trucks containing expedited shipping material tend to deliver the products directly from the pick-up point without any stop.

Expedited shipping varies from other delivery options such as same-day and next-day delivery which many people think are the same.

How Fast Expedited Shipping Is?

Shipping time depends on the company’s policy, destination, and the dimension of the package. Generally, for a domestic/same city package, the shipping time can be as low as 2 hours or the same day. Many firms offer overnight to pick up and deliver within the next morning.

For international destinations like the USA, Australia, Canada, France, and Asian countries it may take up to 3 to 8 days. But compared to the regular deliveries, expedited delivery usually takes 2 to 3 days or lesser time.

Express international couriers like DHL and FedEx express, they can deliver within 1 to 3 business days as they have a massive distribution network around the globe.

Why You Should Offer Expedited Shipping?

The fast shipping rate is directly proportional to customer satisfaction. The demand for fast and smooth delivery is very high. Also, people are willing to pay more to get their parcels delivered as fast as possible but brands are failed to provide the desired service.

Now offering expedited shipping will help you to gain more customers. Let’s look at how businesses can benefit from expedited shipping.

Expedited Shipping

  • Builds Customer Loyalty

If a seller can provide fast and smooth delivery, the buyer is more likely to have a good shopping experience and can turn into a regular customer. That’s the power of expedited shipping.

On the other hand, if you can’t provide fast and reliable delivery to your customers then they might not visit your store again. It doesn’t matter how good your products are you’ll still end up losing your customers.

  • Decrease Cart Abandonment

A study showed that 50% of shoppers have abandoned items in their cart because of poor delivery options. It is better to provide at least two delivery options to choose from. One can be normal delivery with a standard rate and the other should be fast/expedited delivery with a higher rate (affordable as well).

  • Gain Customers

One of the main ingredients of the customer satisfaction recipe is a fast and affordable delivery option. More than 60% of customers take their shopping decisions based on the shipping options available. It is always better to provide timely affordable service over free poor service.

Once your customers experience quality service from you, they are more likely to come again to get the same services from you. Moreover, your customers will bring more customers by recommending to their closed ones.

In this way, expedited delivery not only help you to gain new customers but also retain your customer.

How Much Does Expedited Delivery Cost?

It is understood that an urgent or priority courier is more expensive than a normal one. So, using expedited shipping will cost you more than a general shipping service. Though the cost depends on a few factors like weight, dimensions, destination, and the company you’re choosing.

Refer to the below table to get an idea of the cost of expedited shipping in various couriers.

Courier Name Price
USPS Priority Mail Express $71.35
USPS Priority Mail 2-Day $26.70
FedEx Priority Overnight $109.59
FedEx First Overnight $140.90
FedEx Second Day AM $66
UPS Next Day Air $123.79
UPS Second-Day Air AM $54.43

 

As we discussed earlier, sellers are not able to fulfill the demand for fast and secure delivery around the world. Offering expedited delivery at an affordable rate would be great to increase your business reputation among customers. But starting out a new service and maintaining it for years are two different things. So, research, make a plan and execute it.

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