Inventory is one of the essential facets of the global economy. Contrary to popular belief, inventory isn’t merely the items that a company has on hand and are ready to be sold. It is a form of a business asset that can affect cash flow, production cost, and overall profitability. … Read more
Reading time: 3 min 45s The Ultimate VAT Guide for Ecommerce Retailers in Europe The EU is a massive market for retail sales. But ecommerce retailers have to understand the basics of EU VAT rules along with applicable VAT on online sales when selling into Europe. This is important to … Read more
China has been the world’s top exporter for over a decade. In 2013, the Asian powerhouse became the world’s largest trading nation – finally usurping the United States that held the position for years. While China is the world’s no.1 marketplace, importing goods is as lucrative as exporting Chinese manufactured … Read more
Reading time: 3 min 15 secs Your -commerce business success will depend on how well you’re able to handle all of the responsibilities involved. A lot will be required, from manufacturing or sourcing your products to effective branding and marketing, shipping and logistics, customer service, and more. There’s a lot … Read more
3PL Providers: Who They Are and What They Do The order volume of start-up eCommerce businesses is often low, making it easily manageable through self-order fulfillment. On the other hand, scaling online stores often find it much more efficient to outsource the complete order fulfillment process to third-party logistics companies … Read more
Reading time: 3 min 7s The EU recently reached an agreement to extend the Brexit deadline to 31 January 2020. For the businesses importing or exporting to the UK or EU, specific changes can be expected. But you don’t have to wait until the disruption finally occurs. To avoid disruptions … Read more
When it comes to eCommerce shipping, the terms “fulfillment center” and “warehouse” are often interchanged and assumed to be the same. While both do share similarities, when broken down to specifics, they have their differences in terms of use cases, services, and operations. How Does a Fulfillment Center Differ from … Read more
Reading time: 3 min 45s China plays a key role in the global supply chain. Its place as a manufacturing hub means that businesses across the world and most especially, ecommerce and retail businesses are heavily reliant on it for their operations. What then happens when a global health crisis … Read more
Reading time: 3 min 11s How to Calculate Taxes and Duties for Importing Into UK E-commerce businesses and other individuals shipping goods into the UK should be clear about their taxes and duties liabilities. Although the thought of this tends to drive a lot of people crazy, calculating the … Read more
Reading time: 3 min 21s E-commerce business transactions tend to involve international shipments. But the goods being shipped across international borders need to be correctly identified and classified by the customs authority. This is why one needs to understand the HS and HTS codes as they play a significant role … Read more
What are Product Descriptions? A product description is a type of marketing copy that brands use. It provides essential details about specific items that merchants are selling online. Compelling content makes up for the lack of tangibility in shopping online just by describing product features, key benefits, dimensions, models, and … Read more
Reading time: 3min 40s Ecommerce Trends 2020: 7 Trends that Will Define Ecommerce This Year! In the face of increasing competition and ever-evolving consumer expectations, it will always pay off to keep up with the latest trends to win at the eCommerce and retail game. In no particular order, here … Read more
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