How to minimize import/export risks through product diversification
The term diversification is often used as part of a stock market strategy – a specific tactic that involves buying multiple types of stocks to lessen the risk of losing your investment if one of them doesn’t perform well. But the strategy is in fact just as effective for importers and exporters. Below are 3 […]
Terms to keep in mind before starting your import/export business
Entering the world of import-export can be exhilarating, profitable and confusing all at the same time. When you’re beginning to connect with buyers and sellers for your international trade business, you may notice a lot of acronyms in their listings. Industry-specific shorthand such as AWB, DA, DP, DAP and LC can feel like an overwhelming […]
5 things to know before starting your import/export business
[vc_row][vc_column][vc_column_text]Are you planning a move into the export or import trade? Are you asking yourself, “How should I get into import export, so I can get away from working 9-to-5 day after day?”. Import/export is a very lucrative business, but also one fraught with risks. One good new though: When armed with deep and relevant […]
Managing the cost of storage unit in e-Commerce
What needs to be remembered about cost of storage unit in e-commerce Increasing the number of orders, expanding the product range, new sales channels, etc.. The business is growing and evolving on a daily basis. Almost everything can be a source of profit, which is certainly a reason to be happy. Along with multiplying sales, […]
Successful Order Fulfillment Starts with Receiving Department
[vc_row][vc_column][vc_column_text]Online shoppers expect to receive their orders quickly, with little-to-no extra cost added throughout the fulfillment process. There are many ways for e-commerce merchants to decrease fulfillment and delivery times. One area of the supply chain that is often overlooked is the receiving department. Your dock-to-stock times can have a big impact on not only […]
Tips for a Rapid e-Commerce Orders Processing
[vc_row][vc_column][vc_column_text]Reduce the amount of time it normally takes for an online retail order to be picked, packed, and given to the package carrier, and your e-commerce business will go a long way toward meeting customer expectations for fast shipping. Online shoppers often want both free shipping and fast delivery. In 2017, AlixPartners, a well-known consulting […]
For Holiday e-Commerce Fulfillment, Success Starts in August
[vc_row][vc_column][vc_column_text]In order to come out on top during the short, high pressure Christmas shopping season this year, e-commerce retailers should plan their moves right now to make sure they have what shoppers desire and that they can deliver those products before December 25. There are merely 30 shopping days between Black Friday on November 23, […]
5 e-Commerce Order Fulfillment Strategies to Fast Track Your Business Growth
Order fulfillment is the most important phase in a successful e-commerce transaction – it’s the time when your business actually meets your customers, greets them with a loud and clear ‘Hello!’ and completes the deal. Everything prior to that – like your award-worthy website design, slick user interface and effortless checkout process – are just […]
e-Commerce Fulfillment Network: How Many Warehouses Do You Really Need?
How should your e-Commerce fulfillment network be set up to compete in a market that holds fast delivery in high regard? It’s an excruciating question that burns the mind of every online retailer or direct seller. It also is a question that doesn’t have a one-size-fits-all answer. (Source: Cargocare) For example, while on paper, it […]
The Importance of e-Commerce and Fulfillment Systems Integration
Integration is one of the most frequently asked topics related to e-Commerce from online sellers. “Is this fulfillment system integrated with _______ [Insert relevant e-Commerce platform]?”. When outsourcing fulfillment, they seem less worried about using a partner for physical picking and packing than they are about connecting front and back-end systems. After all, orders don’t […]
How To Maximize E-Commerce in this current state of Southeast Asia
[vc_row][vc_column][vc_column_text]e-Commerce in Asia and the Pacific as a whole is booming. It is already the world’s largest retail e-commerce market with the bulk of sales (47 percent) coming from China, but total sales are expected to almost triple from $1 trillion in 2016 to $2.7 trillion in 2020. The main factors behind this are an […]
Lessons from 3 small-scale e-Commerce success stories
[vc_row][vc_column][vc_column_text]Though the Amazons and Targets of this world hoover up most of the profits, there are plenty of smaller e-Commerce outfits regularly knocking it out of the park on a more modest scale. The growth of simple but powerful modern fulfillment solution providers means that it’s never been easier for business owners to set their […]
How does the order execution process in an online e-commerce shop work?
[vc_row][vc_column][vc_column_text]The order execution process is one of the most, if not THE most, significant stages in the operations of an online e-commerce shop, especially for customers, who are eagerly waiting for their shipment to arrive. In order for casual buyers to become loyal customers, one should focus not only on attracting them to the shop […]
Ways to Optimize Fulfillment for Omni-Channel E-Commerce Businesses
What’s the most important quality of an effective omni-channel e-commerce experience, apart from the product itself? Certainly it is the way you handle your product and everything revolves around it. Customers will buy from you on any channel, unless they can’t find what they’re looking for, or have a hard time with shipping. So, if […]
E-Commerce Fulfillment – the catapult to your success
All successful e-Commerce businesses have one thing in common: Terrific e-Commerce fulfillment. You might have an epic website, a shopping cart that is capable of sliding your customers effortlessly to checkout and most importantly, the best products in the world. But if your e-Commerce fulfillment operation fails to run smoothly, your web-based business will […]