- by Raj Barman
The Importance of Finding the Right Fulfillment Partner
When running a crowdfunding campaign you need a long term, fulfillment partner. You need someone who can fulfill rewards to your backers and also be your partner to warehouse and support your future fulfillment needs. Having the right fulfillment partner increases efficiency, flexibility to allocate your resources, and brings outside expertise to help save you money. Consider Looking For A Fulfillment Partner Early In The Planning Process Of Your Campaign
- The Right Fulfillment Partner Should Help You Make Accurate Cost Projections. There are many costs issues to consider including reward procurement and shipping. When you set a value for each reward make sure that it is at least break even to the cost of procuring and fulfilling the reward. If the procurement and fulfillment costs are higher than the reward level your crowdfunding project will have serious negative financial implications. A good fulfillment partner will assess the cost of fulfillment and the cost of shipping both domestic and international. Depending on the nature of your reward the right fulfillment partner will be able to guide you by suggesting the right shipping method.
- The Right Fulfillment Partner Should Help You Improve Quality and Efficiency. When you run a crowdfunding campaign you know you will wear many hats. And it can be tough because each aspect requires time and skill to handle the various levels of your campaign. The right fulfillment partner can bring their expertise in package design, help you showcase your brand, choose a cost effective shipping carrier and work behind the scene to give your campaign needed quality and efficiency. A good partner gives you the flexibility to pick and choose the services or support that you need. They can give you the quality and efficiency to save your time and let you and your team to focus on everything else.
- The Right Fulfillment Partner Should Keep Your Project On Schedule. Your backers want you to stay on schedule. Crowdfunding campaigns are notorious for delays and difficulties during manufacturing and order fulfillment, but many of those issues can be solved or at least they can be partially prevented through proper planning. Collaborating and working with your partners can help to keep everyone on the same schedule and allows for efficient assembly and shipment of whatever you’re delivering to your backers. Compare this to trying to do everything internally only to stretch your resources too thin and risk the relationships you’ve worked so hard to build.
- The Right Fulfillment Partner Should Be A Trusted Partner That Can Grow With Your Business. Your crowdfunding campaign is the starting point of your business. Hopefully, you have raised money that can take you from ground floor to top floor. You need a fulfillment partner who can scale and expand as your operation grows. It is easier and less risky to test the skill and flexibility of a fulfillment partner from the ground floor. Establish the relationship early and as your business needs grow you will already have a trusted partner.
There are many benefits of outsourcing your fulfillment needs. The most important aspect is finding a fulfillment partner who saves you time, brings efficiency, flexibility and a long-term partnership. In all these areas Acutrack is a trusted partner who has a proven track record of being able to expand to meet their customers needs as their business grows, making them your ideal fulfillment partner for your business needs.