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Black Friday & Cyber Monday Prep: A Checklist for Ecommerce Business Owners

Ship Monk

For others, they’re signs of elevated stress levels, which can definitely lead to eating way too many cookies. If that sounds like you, then you’re probably an ecommerce business owner. While ecommerce has experienced boom after boom, 2022 has proven to be an interesting year in its already storied history. Slice of cake.

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What is a Logistics Service Provider?

Ship Monk

Not all of those examples are exactly illustrious, but they do (for the most part) prove that two heads really are better than one. In the world of eCommerce, that proverb certainly holds true. But what is this mysterious entity in the eCommerce world? Logistics Service Provider Definition. Ready, Set, Migrate!

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Importance of Social Proof in Ecommerce

Ship Monk

What can ecommerce businesses do to leverage this power? And when we feel uncertain, humans tend to look for examples of what others in our situation have done. That, in a nutshell, is why ecommerce businesses cannot afford to ignore the importance of social proof. What do we have to gain by helping ecommerce businesses grow?

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How to Calculate Inventory Holding Cost or Carrying Cost

Ship Monk

Remember when you were managing your eCommerce business out of your garage? Holding cost (or carrying cost) by definition, is the cost of holding inventory in a warehouse until it is sold or removed. When starting your eCommerce business, knowing formulas and fancy inventory metrics may not seem like a big deal.

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7 Key Strategies To Keep Up With Changing Last-mile Customer Expectations

Locus

Take last-mile deliveries for example. Consistently failIng to do so means definitely losing their confidence, which reduces your revenue, and a decline in profitability. Example: An operation manager manages order fulfillment for two different delivery zones — Zone A and Zone B. Try a demo with Locus now!