5 ways to reduce costs in a company

Running a business presents us with a variety of challenges. In order to improve the condition of the company, we usually focus on introducing effective measures to increase sales. However, it is worth remembering that we can also prepare a strategy to reduce costs in the company. Savings will certainly be associated with great benefits, such as improved efficiency. So how can we reduce company costs?

Reducing the cost of running your business - the best ways to save money

Running a business is not an easy task, as any business owner soon realises. Making the right decisions, hiring employees, completing paperwork, taxes, audits and working overtime can all be a headache. And then there is the competitors who are on our heels and fighting for customers .

On the other hand, in the thick of the challenges we also find a lot of satisfaction, achieving the goals we set, improving our services, generating satisfactory profits and changing the world of consumers for the better. Running a business effectively is not just about constantly increasing sales, which is even impossible at certain times. You need to carefully also look at the costs incurred and try to reduce them to a minimum . How can this be done? Here are some tried and tested ways.

Internet advertising

Properly devised marketing and promotional activities are essential for growing a business. Thanks to advertising new potential customers can learn about our products and services.

Traditional forms of advertising, such as leaflets, posters, billboards or TV spots, are expensive and not always the most effective. These days, the internet is king.

For this reason, it is far better to bet on a much cheaper web promotion and social media communication . It will also be a good idea to limit advertising materials - especially as we often do not need additional gadgets at all. If you decide on calendars, pens or notebooks, opt for high-quality ones and calculate the quantity needed well.

You can also start interesting marketing activities for your brand in cooperation with InPost. We offer both online and outdoor advertising, but in a modern and original way. We offer services such as:

• Banner campaigns - you can purchase space for your ad on our homepage, Find a Parcel or Parcel Manager;
• newsletter - we send marketing information via email to our newsletter subscribers;
• PUSH notifications - our InPost Mobile app is extremely popular and its users can receive information about your product along with a redirect to the website;
• Vending machine wrapping - this is a unique way of large-format advertising that will appear on the machines of your choice. It will be visible around the clock, as our boxes are constantly illuminated;
• Product sampling - we can place samples of your goods in caches, so that they reach many e-commerce customers and pick up their shipments from machines;
• advertising on the screens of the Parcel machines - we will be happy to present your marketing material on the welcome, authorisation or farewell screens of our machines.

Outsourcing

If you are looking to reduce your company's costs, consider working with external companies, or so-called outsourcing. This consists of delegation of part of the tasks The company's staff will be able to carry out the day-to-day duties and processes of the various processes to other specialists on a contractual basis.

When a company is going through a phase of rapid growth, it is necessary to focus on the main objectives, so assistance will be a very big relief. In addition, outsourcing, contrary to appearances, can significantly reduce costs in a company. How?

First of all, we do not need to hire new staff and invest in a modern technical base. All we need to do is take the time to vet the contractor we intend to work with - then we can be sure that they will perform their duties to the highest standard.

Service InPost Fulfillment to outsourcing of logistics services . We are driven by professionalism and efficient order handling. Thanks to the fact that we handle, among other things, the storage and dispatch of goods, customers can receive their parcels much faster.

As part of this service, we take over the entire process from you - from storing your goods to packing your orders to shipping and returns. You therefore do not need to spend money on renting or purchasing a warehouse or maintaining its staff. You can easily scale up your business and change your product range, as we offer flexible space and suitable conditions even for products that are demanding in this respect.

We deliver all orders placed in your shop by 8 p.m. the next day. With us you will also save on packaging and fillers, as we offer solutions at very attractive prices.

Are you interested in InPost Fulfillment? Find out the details and contact us using the form!

Making savings on utilities

Bills make up a large proportion of company costs, something we often forget. The day-to-day running of the business consumes us completely and we do not think about whether the charges are far too high.

However, it is worth looking at your monthly bills and looking for savings. Sometimes even changing your mobile network provider can significantly reduce your business costs. Compare offers and consider changing your electricity or gas supplier. Check that you are not overpaying for internet.

To reduce the cost of shipping products to customers , use InPost subscriptions for companies . If you opt for courier and parcel machine packages, you will spend much less on order handling. This is an excellent way to optimise your monthly bills. All you need to do is adjust the size of the subscription to suit the needs of your business.

Do you have any doubts or questions? Write to us via the contact form. Our specialists will be happy to help you!

It is worth taking advantage of any opportunity to save money in your company, as it gives you more resources to allocate to, for example, brand development. Explore our offer and reduce your business costs together with InPost!