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I'm just beginning to venture into wholesaling to retail stores, and I'm wondering what the best practice is regarding shipping to them. Specifically, at what point, if any, do you require a signature and/or additional insurance?
A small order might be valued at $150, a large one more like $1500.
Signature adds $4.75. Insurance $0.90 for every $100 of value beyond the first; minimum fee is $2.70. So that's an additional $7.45 on a small order and maybe $17.35 on a large one. (UPS)
These are businesses, so it's not like delivery to a house where the package might get dumped at the door if no one is home (uhm, I assume). Still, who wants to risk $1500 in merchandise
Opinions and experiences appreciated.
Thanks
A small order might be valued at $150, a large one more like $1500.
Signature adds $4.75. Insurance $0.90 for every $100 of value beyond the first; minimum fee is $2.70. So that's an additional $7.45 on a small order and maybe $17.35 on a large one. (UPS)
These are businesses, so it's not like delivery to a house where the package might get dumped at the door if no one is home (uhm, I assume). Still, who wants to risk $1500 in merchandise
Opinions and experiences appreciated.
Thanks