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

Ship Monk

JULY 20, 2023

There are so many layers to the shipping aspect of the ecommerce industry that it can be a bit overwhelming. Shipping zones are calculated based on where an ecommerce order is shipped from. For example, say an ecommerce merchant has a 2-Day delivery policy for orders received before 3PM.

Negotiating Skills 52

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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.

Inventory Reduction 89

Inventory Reduction eCommerce Inventory Procurement Solutions 89

Logistics Business Magazine

MARCH 22, 2024

Online to inflight, ecommerce is transforming international express courier services, writes Matthew Ware, CEO at CFL , Chairman at Aviation Services UK. It is widely believed that Sting’s “Ten Summoner’s Tales” was, in 1979, the first ever item purchased online – marking the birth of ecommerce.

eCommerce 62

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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. Which ones are the most important? Well, that depends on your goals.

eCommerce 52

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Ship Monk

JULY 19, 2022

Running an eCommerce business forces you to become an expert at a lot of things, but estimating shipping costs isn’t the best way to spend your time. This article will compare three top shipping companies, the US Postal Service (USPS), FedEx, and UPS, and show you how to calculate shipping rates for each. Value of Contents.

eCommerce 52

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Ship Monk

MAY 31, 2023

When you launch an ecommerce business, you make a lot of promises: to yourself, to your family, to your investors, and to your customers. Meeting customer expectations is the key to a successful ecommerce business. If you meet expectations, you create positive experiences and repeat customers. We can help you with that!

eCommerce 52

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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.

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Ship Monk

SEPTEMBER 26, 2023

If you also happen to be an ecommerce business owner, you’d better be upping your m-commerce game. Because it’s estimated that over 50% of all ecommerce purchases during the 2022 holiday season were made on a smartphone. Ecommerce, Mobile Commerce, and Social Commerce Explained Before we get started, here are a few definitions.

eCommerce 64

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Ship Monk

JULY 26, 2023

Having a great product is key to ecommerce success, but so is making sure it gets to customers safely. However, while shipping companies will vary in terms of their policies, with ShipMonk, ecommerce clients don’t have to stress about keeping their packages safe because we have MonkProtect.

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?

Inventory Reduction 64

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CH Robinson Logistics

FEBRUARY 4, 2021

The boom in ecommerce poses novel challenges to the logistics industry. Logistics is a critical part of ecommerce operations – Many e-tailers want a certain degree of control over logistics as it is a vital part of their business. It is fair to say that the ecommerce industry is well-equipped for B2C markets. billion U.S.

eCommerce 115

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Ship Monk

JULY 12, 2023

Josh, a California native, brings an extensive range of distinguished technology expertise and a proven record of enterprise leadership to bolster ShipMonk’s position as a global leader within the ecommerce logistics and fulfillment industry. How will you leverage those experiences to drive growth and innovation at ShipMonk?

Supply Chain Planning Software 52

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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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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. Returns management, also known as reverse logistics, refers to how a business manages returned items.

Procurement Solutions 52

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GoShip Blog

MAY 22, 2023

Are you looking to get started with cross-border shipping for your eCommerce business? This blog post will cover everything you need to know about cross-border eCommerce shipping. Read on to learn more about how to get started with cross-border shipping for your business. Choose the right cross-border eCommerce platform.

eCommerce 52

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Ship Monk

NOVEMBER 21, 2022

You’ve done the hard work of building your startup into a successful ecommerce business. The last thing you want is to run out of your bestsellers, but how do you know when to order more? The good news is that there’s an easy formula ecommerce businesses can use to calculate the optimum reorder point for each SKU in your product line.

How To 52

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Ship Monk

JANUARY 20, 2023

Welcome back to the ultimate guide for enhancing your ecommerce knowledge! In PART 2 of our epic ecommerce terms guide and glossary, we’re here for you—the ecommerce merchants and entrepreneurial warriors of the world—to explain key terms relating to ecommerce, logistics, fulfillment, inventory, and more.

eCommerce 52

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Ship Monk

JANUARY 27, 2021

Although it might be easy to pin these closures solely on the eCommerce piñata, there are other factors that contribute to a store’s decision to shut down, namely: Events outside of our control , such as the economic effects of a global pandemic The shift from a service to an experience-based economy A shrinking middle class Poor management.

eCommerce 84

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Ship Monk

FEBRUARY 15, 2023

Supply chains are becoming more intricate, ecommerce orders are on the rise, and speedy shipping has never been more important. In addition to optimized warehouses, skilled employees, and incorporation of the right integrations , today automation is a huge part of how 3PLs serve brands to the best of their ability.

Supply Chain Design Software 52

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Ship Monk

JANUARY 27, 2023

While “going with it” is an acceptable strategy for some areas of the holidays; it’s not a strong plan for ecommerce brands during peak season. Get Faster Shipping Options Peak season is when ecommerce brands of all sizes across all verticals feel the most pressure to deliver on the delivery front. Reduce Cart Abandonment 2.)

eCommerce 52

eCommerce Inventory Reduction Purchasing Skills Material Savings 52

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

FEBRUARY 16, 2023

In the ecommerce industry it’s a feeding frenzy out there—DTC and B2B retailers doing everything they can to get shoppers’ attention. Colossal companies like Amazon created this “new normal” in the ecommerce industry, and all merchants have been forced to follow or get left out in the cold. That’s a problem for ecommerce brands.

Cost Reduction 52

Cost Reduction Negotiating Skills Inventory Reduction Purchasing Skills 52

Logistics Bureau

OCTOBER 11, 2021

Is your ecommerce business one of those that’s been growing steadily in recent years, and seen an absolute boom since the COVID-19 pandemic emerged? If so, your enterprise’s good fortunes are probably tempered by the challenges of meeting unprecedented demand for your wares. Is your enterprise a pure-play ecommerce retailer?

eCommerce 62

eCommerce Supply Chain Planning Software Negotiating Skills Material Savings 62

Ship Monk

JUNE 8, 2022

Learning how to manage inventory is one of the biggest challenges of owning an eCommerce business. Most of these methods rely on past sales data, future forecasting, or a combination of the two to help inventory managers predict how much inventory they’ll need. Let’s say your eCommerce business makes cotton baby blankets.

Inventory Reduction 52

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Ship Monk

APRIL 28, 2021

Starting an eCommerce business is certainly no small feat, and it takes a special kind of tenacity and follow-through to find long-lasting success in such a competitive — but exciting! In other words, don’t mistake volume for difficulty — do a little digging and you’ll often find needs to meet and problems to solve. Embrace Change.

eCommerce 53

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Ship Monk

JULY 7, 2022

All eCommerce brands may encounter minimum order quantities when ordering raw materials. The eCommerce company may have to set an MOQ of their own to maintain profitability. The business may face their own MOQ hurdles when purchasing raw materials, or when trying to fill a truck or container to meet shipping constraints.

Purchasing Skills 86

Purchasing Skills eCommerce Ordering Negotiating Skills 86

GoShip Blog

JANUARY 4, 2023

This article discusses how to automate shipping and label printing to eliminate repetitiveness in fulfillment processes and boost operational efficiency. How to Automate Shipping? . Automatically applying shipping services in your ecommerce platform allows your customers to get instant freight quotes.

Logistics Network Optimization Software 52

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Locus

JUNE 16, 2023

The question then is: how can companies maneuver this intricate, costly maze successfully? Naturally, the costs of meeting such expectations, especially on the delivery front are also increasing. Read also: How to Calculate the Cost of Transport 2. It is no secret that customer expectations are really high these days.

Cost Reduction 98

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The Logistics of Logistics

JANUARY 31, 2024

Brian grew up as a farm kid outside of Buffalo, NY and learned how to work at a young age. Port X Logistics provides drayage, trans-loading, and over the road trucking to help clients meet their fulfillment and production plans. and Canada. About Frank Kenney Frank Kenney is the director of Industry Solutions at Cleo.

Logistics Network Optimization Software 251

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Ship Monk

JULY 28, 2022

Any eCommerce business that manufactures goods has three different types of inventory at any given time: Raw Materials Inventory , Work in Process Inventory , and Finished Goods Inventory. This article will show you the difference between these types of inventory and how to calculate Work in Process inventory. to make the hats.

Inventory 64

Inventory Manufacturing Procurement Purchasing Skills eCommerce 64

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. As you plan for a more productive, profitable, and all around positive new year, ShipMonk wants to share some advice on how to recover from peak season order issues and prevent them from happening again.

Ordering 79

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GoShip Blog

JANUARY 11, 2023

Learning how to work through labor shortages keeps your business competitive and your customers satisfied. . As an ecommerce business owner, there’s not much you can do to mitigate these issues. Most ecommerce businesses rely on shipping trucks to deliver their packages to customers. How GoShip Can Help .

Supply Chain Planning Software 52

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Ship Monk

JULY 5, 2022

In order to keep up with growing eCommerce orders, follow through on the promise of speedy shipping, adapt to the globalization of supply chains, and adjust for labor shortages that can affect all three, 3PL technology is vital. . Continue reading to get the FYI on AMRs, and the benefits they bring to your eCommerce business.

Supply Chain Software 89

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GoShip Blog

MAY 20, 2022

It’s impossible to imagine a profitable retail business without growing your eCommerce sales. eCommerce challenges. How to increase online sales? Thus, you’ll be ready to meet customer demand without additional fuss. As a business owner, you have probably faced floating sales and tried to stabilize them.

Material Savings 52

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Ship Monk

JUNE 20, 2022

Accordingly, we actively update our systems to stay ahead of the evolving needs of eCommerce and help our clients succeed. During these summits, employees from different areas of the ShipMonk operation have the opportunity to learn from heads of departments, ask questions, and refine their eCommerce mindsets.

3PL 91

3PL eCommerce Supply Chain Software Procurement Solutions 91

The Logistics of Logistics

JUNE 23, 2022

Topic: Prepping for Peak: How to Level-up your CX Strategy this holiday season. Retailers and shippers must adapt their strategy to ensure they get the right product, to the right place at the right time to meet the high expectations of consumers/customers. Description: . Time: Jun 29, 2022 10:00 AM in Eastern Time (US and Canada).

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