Amazon might only be 25 years old, but it secured its place globally as the top eCommerce platform. The marketplace has become a valuable tool and veritable gold mine for online retailers. In 2019, more than 200,000 third-party sellers made upwards of $100,000 on the platform. Considering how consumers purchase … Read more
Inventory procurement is a tricky process that becomes even more complex if a retailer chooses a Chinese manufacturer. There is a level of expertise required to transact with overseas suppliers. Between the language barrier and the sheer distance, plenty of things could go wrong at any point in the transaction. … Read more
Amazon remains to be the top eCommerce marketplace across the globe. On average, the eCommerce powerhouse ships approximately 1.6 million packages a day. That comes to 18.5 orders every second. Amazon perfected its logistics process to accommodate millions of packages that go through its multiple fulfillment centers daily. With the … Read more
Fulfillment by Amazon or Amazon FBA makes it possible for small and medium retailers to take full advantage of the marketplace’s logistic capabilities. Through the program, eCommerce stores operating on the platform can forgo inventory storage, shipping, and even customer service. Amazon’s logistics process is unmatched. But to utilize it, … Read more
Between multiple FBA fulfillment centers, Amazon can ship out 18.5 packages every second. They have developed over 15,000 robots to accomplish such a fantastic feat. More than technology, the world’s top marketplace streamlined their pick, pack, and ship service to perfection. As such, Amazon FBA sellers must follow and pass … Read more
Fulfillment by Amazon or FBA is one of the best ways to succeed as an online retailer. The program allows online retailers to take full advantage of the marketplace’s reach globally. Likewise, the service takes the burden of logistics away from eCommerce operators. As a result, retailers have more time … Read more
Product sourcing plays a crucial role in successfully selling on Amazon. Currently, there are over 2 million active sellers on the marketplace, making competition fierce. Often, a retailer’s success depends on sourcing reasonably-priced quality products. By securing lower inventory costs, business owners can pass on the savings to the consumer … Read more
What is Amazon? Amazon is an American multinational technology company that is primarily known as a leader in eCommerce. Initially, an online bookstore, the tech giant has branched out to different industries, including digital streaming, artificial intelligence—and recently, space flight. Founded in 1995, Amazon is currently the world’s top eCommerce … Read more
eCommerce sellers are no strangers to surprises in business — from sudden spikes in demand to flash inventory sales to shipping problems like lost packages or damaged goods. In many cases, such surprises lead to unexpected expenses. Whatever the case may be, you need to be prepared. With that, here … Read more
Consumers love getting something free or freebies with their purchases. The word “free” significantly impacts purchase behavior and even improves brand image. A recent report said, 9 out of 10 people recall the name and logo of giveaway or free stuff. Aside from freebies and giveaways, most retailers are also … Read more
From shipping delays caused by delivery exceptions and many other concerns, eCommerce isn’t without its drawback. However, there is no denying how online shopping is part of modern living. eCommerce allows consumers to make purchases in the comforts of their own homes. Likewise, retailers can now reach customers even in … Read more
What is Driving the Digitalization in Supply Chain Management and Logistics? The face of logistics has changed over the last three decades. Order fulfillment has transformed from a purely operational function concerning inventory stocking and package delivery into a sole industry that delves into advanced inventory planning, customer behavior and … Read more
