Online shopping has practically integrated itself into our daily lives. Its rise is creating a new trend called social commerce that’s changing the way people buy and sell goods online. This idea combines social media and eCommerce, allowing businesses to increase the visibility of their products and draw in new … Read more
Container shipping is essential to world trade and one of the foundations of the global economy. Businesses transport items around the globe with efficiency, thanks to containerized freight. It allows products such as electronics, apparel, and perishables to constantly move across trade routes. Additionally, container transportation becomes increasingly crucial as … Read more
An eCommerce company will experience changes and adjustments as it succeeds and expands. Asian economies will continue to be resilient in 2024 despite uncertain external prospects. Small businesses will continue to prop up economies and generate more jobs. Despite the rosy picture, companies must anticipate difficulties. Business scaling will necessitate … Read more
The global economy has seen many radical shifts within the last ten years. Stores that used to have physical locations can now distribute their goods nationwide. Due to its convenience and ease, online shopping has become more popular among consumers. As consumers depend more on eCommerce, enterprises must rethink their … Read more
Strong inventory management is a necessity for running a successful retail business. You can save time and money while ensuring you have the ideal number of products in optimal quantities at the right times. Retailers must ensure they supply the correct mix of products to meet demand at an attractive … Read more
The eCommerce landscape has changed to meet the needs of customers. Potential stakeholders are now worried about how to react to sudden changes in supply and demand. Ad-hoc and last-minute orders must be fulfilled. The COVID-19 pandemic has made customers prioritize speed and convenience. Quick commerce enters the scene to … Read more
Effective warehouse operations are undoubtedly one of the most important parts of an eCommerce business. While most logistics managers mainly concern themselves with automating their processes, it’s crucial to pay attention to the state of the stored merchandise. Dealing with over, short, and damaged (OS & D) goods is inevitable, … Read more
Chinese New Year 2023 (CNY) will formally start on January 22nd. But as an online retailer, the time leading up to CNY can also be your busiest. You’ll have a lot on your plate, from putting holiday marketing into action to preparing for 2023. There are some critical logistical situations … Read more
The eCommerce industry has grown considerably in the past two years, with a compound annual growth rate (CAGR) of 14.7% from 2020 to 2027. Over 80% of US shoppers still prefer to shop online. If you’re into eCommerce, you must have already heard of Amazon. It’s a powerful platform for … Read more
Businesses can use various pricing techniques to improve customer satisfaction and profit margins simultaneously. Product bundling pricing allows companies to sell multiple items for one flat price, which may appeal to particular consumers. Understanding how product bundling pricing works will help determine if this strategy is right for your business … Read more
Streamlining your production from the manufacturing facility begins with a choice. You must decide between make to stock vs. make to order at the start of the operations optimization process. In the make to order (MTO) approach, advanced planning and scheduling procedures are not activated. Orders are not added … Read more
Dropshipping remains a popular business model for eCommerce retailers. In the past year, global dropshipping revenues rose from $360 million in 2019 to $469 million in 2021. By 2025, it could balloon into a $500 million industry. Nevertheless, as with most innovations, dropshipping is in a constant state of flux. … Read more
