Ship Monk

JANUARY 31, 2024

Every ecommerce business that becomes a ShipMonk 3PL client is a priority. For example, our advanced 3PL platform looks after every aspect of your supply chain in an efficient, effective way and our Virtual Carrier Network safeguards your shipping by always applying the best rates and speeds while not handcuffing you to any carrier.

eCommerce 76

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Ship Monk

OCTOBER 24, 2023

For small ecommerce brands, competition is part of daily life. Competing with bigger, sometimes even giant ecommerce brands can feel a lot like a gopher taking on a giraffe. With the right product, right team , and right tools, any small ecommerce brand can effectively challenge big ecommerce brands.

eCommerce 64

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Ship Monk

FEBRUARY 3, 2024

One of the greatest benefits of owning a direct-to-consumer (DTC) ecommerce business is that you get to form a direct connection with your customers. Email vs. Other Forms of Communication For many years, email has been the gold standard of communication tools for DTC businesses. The downside?

eCommerce 81

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Ship Monk

FEBRUARY 9, 2024

As the holiday shopping season reaches its peak, ecommerce business owners everywhere are crossing their fingers, hoping they have enough product in stock and that they didn’t order too much. In truth, demand forecasting, or estimating how much product you’ll sell in the future, is one of the toughest challenges for any ecommerce business.

eCommerce 84

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Logistics Bureau

AUGUST 7, 2023

Effective inventory management has become increasingly crucial for businesses in this fast-paced and rapidly evolving era of ecommerce. Moreover, the ecommerce explosion has brought new and unique challenges that complicate inventory management for enterprises selling online. BOOK NOW Need help with demand forecasting accuracy?

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Ship Monk

NOVEMBER 30, 2023

Now if only you had a dashboard to keep your ecommerce business running. Today we’re going to help you pick the most important metrics for each area of your ecommerce business. Fortunately, most metrics are tracked automatically, using tools and software systems you may already have. Well, guess what? What is a Metric?

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Ship Monk

DECEMBER 6, 2023

Ecommerce brands looking to stand out amongst competitors and enhance customer satisfaction need to keep this in mind so their orders foster unforgettable unboxing experiences. Stay True to Your Branding Branding is one of the key factors that differentiates ecommerce companies within the same market. How are you unique?

eCommerce 64

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Ship Monk

JUNE 16, 2023

While most ecommerce brands aren’t giving away specter-proof jumpsuits or bejeweled pink jackets, offering benefits to members is a time-honored, strategic tactic that savvy ecommerce brands employ. Let’s take a concise dive into seven key areas of this critical ecommerce brand tool for boosting business.

eCommerce 52

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Ship Monk

DECEMBER 5, 2022

Does it feel like your ecommerce business should be more profitable than it is? One of the most common mistakes direct-to-consumer (DTC) ecommerce brands make is failing to understand and track their true costs, a.k.a. Could there be hidden costs you’re not accounting for in your pricing strategy? If so, you’re not alone. landed costs.

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Ship Monk

JULY 11, 2022

As the hero of your business journey, every eCommerce entrepreneur also needs their own amazing method of transportation that they can count on to get their goods to customers. USPS shipping services offer specially-discounted options, for example “Priority Mail Cubic,” which charges you based on the package’s dimensions, not weight.

eCommerce 52

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Ship Monk

SEPTEMBER 12, 2022

As an eCommerce business owner, what goes inside your boxes is just as important as what goes outside, i.e. the shipping label that provides pivotal information about what is being shipped, how it is being shipped, where it’s going, and who it’s going to. Carefully Consider Your eCommerce Shipping Needs.

eCommerce 52

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Ship Monk

SEPTEMBER 14, 2023

This multichannel shopping habit makes it difficult to reach consumers, particularly if your ecommerce business is currently taking a single-channel approach to marketing and sales. Today’s ecommerce brands have a myriad of choices to consider when selling their products. What is a Sales Channel? Lots of fees.

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Ship Monk

NOVEMBER 8, 2022

Continue on for all you need to know about inventory for ecommerce brands and online retailers. What Type of Ecommerce Business Are You? Most ecommerce businesses fall into one of three camps: 1. In this scenario, the ecommerce business is considered a contract manufacturer, and the factory is considered a subcontractor.

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Ship Monk

AUGUST 30, 2023

would put you in the middle 60% of ecommerce stores according to this benchmark. Today we’re going to look at how to calculate ecommerce conversion rates, identify some things that may be turning customers away, and what you can do to improve conversion rates. What is an Ecommerce Conversion Rate? Anywhere between 0.2%

eCommerce 52

eCommerce How To Procurement Analytics Purchasing Skills 52

Logistics Viewpoints

MAY 27, 2021

In my Logistics Viewpoints article in April 2021, Building Profitability with Agility while Digitally Transforming the Supply Chain , I mentioned that we will continue to explore here the concrete steps in the digital journey and examples of determination from the top in addition to logistics operations. and Unnu, Kaan. [2]

eCommerce 138

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Ship Monk

JUNE 14, 2023

There are a lot of moving parts to managing an ecommerce supply chain. An ecommerce store owner is expected to master everything from sourcing materials to manufacturing and procurement, to fulfillment and shipping orders to customers. Today we’re going to take a look at a typical ecommerce supply chain from beginning to end.

Optimal Sourcing 52

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Ship Monk

AUGUST 22, 2022

In our eCommerce fulfillment blog we sometimes highlight industry jargon that’s essential for every entrepreneur. An inventory management system and point-of-sales (POS) system are the easiest tools in the business owner tool belt for generating SKUs. There are online tools as well, and you can create SKUs by hand.

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Ship Monk

OCTOBER 17, 2022

3PL —a simple abbreviation for one of the most complex, integrated, helpful entities operating in the eCommerce landscape. 3PL stands for third-party logistics, and at a glance a 3PL partner provides eCommerce brands with solutions to their fulfillment needs. 3PL vs. 1PL, 2PL, 4PL, and 5PL. Don’t worry; you can change later on.

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Logistics Business Magazine

AUGUST 15, 2023

In a world where rising bills seem to be the norm for families and businesses alike, the delicate dance of balancing service quality with cost-efficiency has become a challenge for retailers and ecommerce delivery, writes Gemma Vasey, Business Development Manager, Asendia UK.

Purchasing Skills 66

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Ship Monk

MARCH 14, 2023

If that’s you and you’re an ecommerce business owner, keep reading for eco-friendly packaging options your company could invest in this year to save money and help preserve the planet. Example: a bicycle is more eco-friendly than a sedan, but a sedan is more eco-friendly than a Hummer.

Material Savings 52

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Ship Monk

MARCH 14, 2023

If that’s you and you’re an ecommerce business owner, keep reading for eco-friendly packaging options your company could invest in this year to save money and help preserve the planet. Example: a bicycle is more eco-friendly than a sedan, but a sedan is more eco-friendly than a Hummer.

Material Savings 52

Material Savings eCommerce Packaging Ordering 52

Conger

JULY 22, 2021

This is the complete guide to eCommerce warehouse management systems. In it, you’ll learn: What eCommerce is. What eCommerce warehouse management systems are. The 11 best eCommerce warehouse management systems. What is eCommerce? What’s an eCommerce Warehouse Management System? What is eCommerce?

Supply Chain Design Software 52

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Ship Monk

JULY 9, 2021

We’re talking, of course, about eCommerce packaging. Cardboard boxes, for example, are an ubiquitous shipping staple, and for good reason! When you have the right tools, almost anything is possible, like sending chocolate truffles across the country without them turning into a (arguably less delicious) pool of cocoa.

Packaging 97

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Ship Monk

JANUARY 30, 2023

If you’ve read PART 1 of our Ultimate Ecommerce Merchant Guide then you are halfway through absorbing the best lessons any entrepreneur can learn from the previous peak season, and are primed with the right knowledge to restructure for a stronger 2023. Welcome to the ecommerce party! And if you haven’t read PART 1, no worries.

eCommerce 52

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Ship Monk

JUNE 30, 2023

There seem to be about a million metrics to watch if you want to run a successful ecommerce business. You can track as many metrics as you want, but not every performance indicator qualifies as a KEY performance indicator (KPI) for your ecommerce business. Each social media network has its own tools to measure engagement.

eCommerce 52

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Ship Monk

DECEMBER 1, 2022

While a hundred years ago you’d be lucky to get a package across the country in a few weeks, over the last twenty years the ecommerce industry has completely changed customer expectations. Ergo, ecommerce brands that don’t offer fast shipping options could be missing out on a lot of business. Sound simple?

eCommerce 52

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Ship Monk

JUNE 8, 2022

Learning how to manage inventory is one of the biggest challenges of owning an eCommerce business. Let’s say your eCommerce business makes cotton baby blankets. For this eCommerce company, placing 4 orders per year (i.e. For this eCommerce company, placing 4 orders per year (i.e. But let’s get real. Reorder Points.

Inventory Reduction 52

Inventory Reduction Inventory eCommerce Ordering 52

Ship Monk

JULY 27, 2022

For an eCommerce business owner, the answer is obvious: How the heck do I get a handle on my inventory management ?! Keep reading to learn what demand forecasting is, why you need it, and how to implement it into your eCommerce strategy! The COVID-19 pandemic was a prominent example. #5 What is Demand Forecasting?

eCommerce 52

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EazyStock

FEBRUARY 11, 2021

Better Inventory Management for eCommerce. eCommerce is a rapidly growing phenomenon across the globe. Statista projects that eCommerce sales will surpass $740 billion in the US by 2023. B2B ecommerce sales have also accelerated; Forrester projects that 17% of all eCommerce sales in the US will be B2B by 2023.

Inventory Reduction 52

Inventory Reduction eCommerce Inventory Price Reduction 52

EazyStock

FEBRUARY 1, 2021

Better Inventory Management for eCommerce. The growth of eCommerce in 2020 was phenomenal as more customers, B2B and B2C alike, shopped online due to the COVID-19 pandemic. Forrester projects that B2B eCommerce transactions will reach $1.8 A critical area of focus should be your eCommerce inventory management processes.

Inventory Reduction 52

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Ship Monk

NOVEMBER 13, 2023

Ecommerce order fulfillment requires a wide array of supply chain entities, operations staff, and detailed systems to come together. In truth, there are more moving parts within an omnichannel ecommerce order fulfillment operation than there are in an intricate, self-winding watch. Why Do I Need 3PL Software?

Supply Chain Design Software 64

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Ship Monk

JANUARY 5, 2024

The holiday season is never short on smiles, especially if you’re an ecommerce business that delivers on all fronts. Thankfully, there are ways ecommerce businesses can see where their orders are. With these constant scans, your ecommerce business has a way to track orders at every stage of their journey.

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GoShip Blog

JULY 28, 2022

A returns management solution helps you handle the returned items effectively to satisfy your ecommerce customers without hurting your profit margin. . Why managing returns is important for ecommerce. For example, you may require clothing items to be unworn with tags intact.

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Ship Monk

DECEMBER 12, 2023

Strategy and precision around the holidays are as important to ecommerce store owners as lights and ornaments are to the pivotal pine tree. Considering all that, ecommerce stores need to have their ducks (or, rather, gifts) in a row come peak season. Think ecommerce stores that specialize in clothes, toys, and books for example.

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Ship Monk

JANUARY 16, 2024

Is your ecommerce business growing so quickly that you’re having trouble keeping products in stock? A perpetual inventory system also collects important sales data that can aid in forecasting demand and become a powerful analytical tool for accounting, finance, marketing, and sales teams.

Inventory Reduction 72

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Ship Monk

OCTOBER 17, 2023

Managing inventory is a pivotal part of peak season for every ecommerce store, regardless of size or industry. Overestimate the inventory needs of your ecommerce store and you could be stuck paying for too much shelf space you don’t need, which cuts into profit margins. A big part of that is inventory management.

Inventory Reduction 64

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Ship Monk

MAY 18, 2023

If you’re reading this then you’re an ecommerce brand owner, entrepreneur, or have an interest in ecommerce burning in your soul! If these identifiers are speaking your language then we have a new ecommerce term that needs to be added to your job jargon: MonkProtect. Congratulations! That’s not hyperbole; it’s fact.

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