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Monday, October 29, 2018

Possible Things That Account For Variations In Balikbayan Box Price

By Patrick Butler


Most of us want to send back something of value and utility to people back home, and this is no less if you are Filipino. In fact it will most likely be more true if you are Filipino due to your sending balikbayan boxes back home. As such you will always want to know what the best Balikbayan box price is out there and also want to know what accounts for different kinds of pricing that you come across. If this is indeed the case then do read on in this article.

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.

It is good to keep in mind that the business that you want to contract with will be transport based in nature. As such the main factors that will affect overall pricing will be access and distance. Should you be located in an area that is quite distant and also has no or very minimal access to international ports, then you may expect to pay a bit more when sending your cargo to Manila or even Cebu.

Prices will also be affected by seasonal forces, of which two very important ones exist in the Philippines. These are the school opening season which begins in May and ends June, and the Christmas season which will start in December and end sometime in January. These months will usually have highest prices due to demand so you must take this into account.

In terms of financial forces affecting demand of sending these boxes home, there can also be somewhat an indirect effect also. With regards to exchange rates, a weaker peso will mean a stronger dollar, and this will see people sending more of these boxes back home. When the dollar is weak, there is not much incentive to send boxes as much as before. Do factor in financial forces and exchange rates to account for any price discrepancies you come across.

Size, weight, and dimensions of boxes transported will also vary in pricing across companies. Some companies will focus on charging based on weight only, others on dimensions, and others will take all into account. Thus do not be surprised if you also seem to get a wide difference in price when given the same basically sized box, for the charging philosophy may be different per company.

The final destination in the Philippines will affect the overall price charged to you as well. If the recipient. If the recipient in either the main hubs of Cebu and Manila, then most of the time you can expect a lower price. Should recipient be in the provinces, and areas outside the boundaries of both hubs, then expect pricing to be adjusted upwards also.

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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