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ECommerce shipping is a central element of your eCommerce business. The choices you make about shipping will affect your profit margin, your ability to offer free shipping, and how fast your orders are delivered, among other things. The terms eCommerce […]
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More than two-thirds of all ecommerce shopping carts have been abandoned in 2020 and shipping prices and speed remain two of the top reasons. People want your products delivered to them quickly and they want to avoid surprises when it […]
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Online stores are businesses just like any other, and that means you’ve got risks and liabilities to cover, which has probably sent you to Google looking to see if eCommerce insurance is a thing. While not a specific policy, you […]
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The just in time inventory management system started as a manufacturing process. Over time, it has become popular in many sectors of the economy. ECommerce companies use just in time inventory to stay nimble in the face of changing consumer […]
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A shipping confirmation is one of the essential transactional emails for any company that offers product shipping. Together with order confirmation, it helps customers track their orders and check whether everything is fine. An order confirmation email is sent once […]
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Arbitrage is buying discounted products and selling them for a markup. If you’re a good bargain hunter, you might have a talent for retail arbitrage. Amazon arbitrage can be a great way to build a full-time business or develop a […]
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It may be hard to imagine packaging and shipping something as big and awkwardly shaped as your golf bag full of clubs. However, people do it every day, and it’s simpler than you might think. Here’s our guide on how […]
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When you start a brick-and-mortar business, you get a business license from the city or county where your operations are headquartered. So, when you start an eCommerce business, do you need an online business license? The answer to that question […]
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A standard packaging method for ecommerce business is “discreet shipping,” where no one can look at the outside of the order you ship and determine what’s inside. Discreet shipping hides any idea of what the products inside could be and […]
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Shipping costs can be some of the trickiest to get a handle on for e-commerce businesses that want to balance customer satisfaction with affordability and margin control. The vast majority of your customers expect shipping to be fast and usually […]
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If recent years have taught us anything, it’s the importance of having an eCommerce business continuity plan. Floods, fires, tornadoes, hurricanes, and now a pandemic can disrupt supply chains and slow the pace of eCommerce. The coronavirus has shown the […]
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Your company’s inventory turnover ratio is an important metric. A simple inventory turnover formula can help you understand and improve your inventory management. When you get clear about your inventory turnover ratio, you can run your business with smaller carrying […]