Recent Articles
The Pros & Cons of Drop Shipping for eCommerce
Wouldn’t it be great to start an online store with very little investment upfront and manage it from anywhere in the world? Are you ready to free up your precious time, and let a supplier pay your upfront inventory costs and manage the processing and shipment of orders. This all might sound too good to be true, but with drop shipping for eCommerce, it’s all possible. If you take the steps to learn how to build a drop shipping business, it’s important to understand the pros and cons the fulfillment method can have. With this method, you don’t need to keep the products you sell in your stock. Instead, you partner with a wholesale supplier that not only stocks the inventory for you, but the supplier then processes and sends orders directly to your customers – you never see or touch the product! Processing drop ship orders is a breeze, and you can spend all the free time you save on boosting your brand.
A Complete Guide to Managing Product Returns
“National Returns Day” is expected to bring in 500,000 more packages this year, reaching 5 million total returns, according to UPS. Not only are return rates increasing, but UPS also found consumers are returning items earlier, and making room for two peaks. The first started in mid December and the second goes throughout early January. Since returns are at an all time high, how can you make sure to maximize your profits, while getting your return items back as quickly as possible? Managing Returns With Ease McKinsey & Company feels the future of online retail "is essential for stores to digitize in order to meet the increased customer expectations now a reality in an always-on, whatever-you-want world. More than 60 percent of Americans have a smartphone and 80 percent of these consumers are “smartphone shoppers” – they use their phones to help them shop while in a store, most often to research product reviews, specifications and compare prices.” If you’re in the business of taking orders online, or managing multichannel sales, at some point, a customer is going to want or need