A Story of Two Sectors: Ecommerce Packaging
Regardless of the fact that we've all been able to buy things digitally for years at this level, internet sales continue to rise year after year. In 2018, households spent just under $3 trillion on internet shopping, up 18% over 2017's still-staggering $2.4 trillion and a substantial increase from 2016's $2 trillion. This is just B2C internet sales; in 2018, online B2B sales surpassed $1 trillion.
A similar upward tendency may be seen in the corrugated business. The sector as a whole is developing at a rate of almost 4% per year and is anticipated to reach $300 billion by 2023. The corrugated sector will continue to develop in the years ahead, thanks to the rising usage of online merchants such as Amazon, Walmart, and many more, and also firms that used to concentrate on brick-and-mortar shopping but have since switched to greater online sales (such as Staples).
Isn't It A Win-Win Situation?
For carriers, ecommerce is impossible without corrugated, and ecommerce accounts for a substantial percentage of the corrugated industry's development. While both businesses are growing at breakneck speed, such expansion comes with new challenges for all sides.
Organizations are starting to look at new ecommerce packaging options, not just to become much more productive as their shipments grow, but also to keep prices down. Luckily, a variety of solutions are currently available to make ecommerce packaging issues easier and more effective for businesses.
Let's take a look at several trends that have been gaining traction in various sectors across the world, and how they may help businesses handle the "positive issues" that occur with year-over-year growth.
Fit-to-Product (FtP)
Firms have realized the need to create the most of their delivery of raw materials and packaging storage as subscription-based retailers (examples include Dollar Shave Club and FabFitFun all the way up to Amazon's own membership delivery) and also those essentially promoting their goods online. Companies are looking for innovative ecommerce packaging that is more closely matched to their goods, organizational image, and long-term goal as a consequence of this, along with a stronger focus on marketing.
Custom ecommerce packaging may be developed, manufactured, and executed more reliably and cost-effectively with the proper packaging partner. This allows you to satisfy your clients' needs without losing the proper packaging or having to deal with potentially expensive or complicated packaging issues. It also guarantees that your items have the desired impact when they reach at your consumers' homes.
Retail-Ready Packaging
Closely connected to FtP package is retail-ready packaging, which improves the overall performance and effectiveness of the order fulfillment process. B2B firms who sell items online and deliver them to other shops may cut expenses by collaborating with a packaging specialist to produce containers that are available for shelves as soon as they arrive.
As merchants don't have to unbox single items from bigger containers, stock them one after the other, and so on, these sorts of containers may be customized with die cuts for showcase reasons, helping you to get products into customer’s hands quicker. They can easily remove containers off a pallet or van and place them on the ground. You may also add a number of designs and other elements to better market your business as they're built of dependable and incredibly strong corrugated material.
Automate as Much as Possible
While the methods listed above can help you deliver items to stores and even straight to customers more quickly, there's always the issue of your own packaging provider to consider. With the explosive growth of ecommerce and consumers' rising pressure for faster delivery, it's becoming extremely relevant for you to be able to concentrate on your good or service, business, and customers — without the confusion of trying to handle packaging stock levels, make purchases for more, and interact with suppliers.
Electronically supplier supply, or eVMI, is an example of an automation packaging system that allows you to concentrate on your company while keeping your packaging stock in the hands of your supplier. Since some phases in the way, like as assembling and shipping processing, cannot be completely automated, removing the burden of maintaining your ecommerce package stock can allow you to keep your progress – and save effort and cash on the side.
From creative package designs to our patented eVMI technology that automates packing for businesses across all industries, our qualified and experienced team will assist with you to solve almost every ecommerce packaging issues you seem to have.
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