Quite a few of us want to give people back in our home country some things of value and also of usefulness. In the case of the Filipino who is very close to his or her family, this is done by sending home balikbayan boxes on a regular basis. If you are reading this now and do know about this practice, perhaps also you might be wondering as to what accounts for variations in Balikbayan Box Price. If this is indeed the case you may want to finish reading this article for more information.
If you have been going around inquiring about balikbayan box rates and such, you will see noticeable fluctuations in prices and also variability in pricing across providers. Keep in mind that these are businesses that are also exposed to economic forces and conditions much like any other business. Thus it is the job of this article to show you what these conditions and forces are.
Quite decidedly the most important factor that will affect overall pricing is distance and access. And as the business you will be dealing with in sending boxes home will be transport based in general, then expect that prices will be affected by distance. If you live far and also do not have access to an international port with a direct connection to Cebu or Manila, then expect pricing to be a bit higher.
Seasonal forces may also affect the overall pricing as well. Demand for these boxes for transportation will be highest in the months of May and December. This is because the month of May precedes the school opening season and of course December is likewise the season for Christmas. Expect many people to send items home at this time so demand will be high and this will jack prices up as well.
Financial and foreign exchange conditions can also affect the demand in terms of sending these boxes. Stronger dollar exchange against the Philippine peso will usually indirectly cause a rise in demand for balikbayan boxes, and vice versa. Take in to account these financial forces at play when trying to figure out discrepancies in pricing.
Weight, size and dimensions of boxes are usually what are considered in container cargo forwarding. As such, any service you may contract has the possibility of charging you either based on all these factors or on one or two only. These differences on what they deem fit to charge the customer will come up as the price variances that will notice across companies.
What can also affect pricing will be the final destination of the balikbayan box in question. Should the person you are sending to be located in the major hubs of Cebu and Metro Manila, then the price will not be as high. Locations in the hinterlands of course will charge a higher price as the case may be.
This article in sum has shown some possible factors that account for differences in pricing. To get a more concise and broader perspective, you can also look into costs of warehousing, customs duties and others as you research in the internet. By being more informed as such, then you will not be so shocked when you see varying degrees of costs when sending a box home.
If you have been going around inquiring about balikbayan box rates and such, you will see noticeable fluctuations in prices and also variability in pricing across providers. Keep in mind that these are businesses that are also exposed to economic forces and conditions much like any other business. Thus it is the job of this article to show you what these conditions and forces are.
Quite decidedly the most important factor that will affect overall pricing is distance and access. And as the business you will be dealing with in sending boxes home will be transport based in general, then expect that prices will be affected by distance. If you live far and also do not have access to an international port with a direct connection to Cebu or Manila, then expect pricing to be a bit higher.
Seasonal forces may also affect the overall pricing as well. Demand for these boxes for transportation will be highest in the months of May and December. This is because the month of May precedes the school opening season and of course December is likewise the season for Christmas. Expect many people to send items home at this time so demand will be high and this will jack prices up as well.
Financial and foreign exchange conditions can also affect the demand in terms of sending these boxes. Stronger dollar exchange against the Philippine peso will usually indirectly cause a rise in demand for balikbayan boxes, and vice versa. Take in to account these financial forces at play when trying to figure out discrepancies in pricing.
Weight, size and dimensions of boxes are usually what are considered in container cargo forwarding. As such, any service you may contract has the possibility of charging you either based on all these factors or on one or two only. These differences on what they deem fit to charge the customer will come up as the price variances that will notice across companies.
What can also affect pricing will be the final destination of the balikbayan box in question. Should the person you are sending to be located in the major hubs of Cebu and Metro Manila, then the price will not be as high. Locations in the hinterlands of course will charge a higher price as the case may be.
This article in sum has shown some possible factors that account for differences in pricing. To get a more concise and broader perspective, you can also look into costs of warehousing, customs duties and others as you research in the internet. By being more informed as such, then you will not be so shocked when you see varying degrees of costs when sending a box home.
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