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How to Reduce Ecommerce Returns

Ship Monk

Ecommerce bands, even those with amazing reverse logistics operations in place, feel the negative impact of returns. If your ecommerce brand is dealing with a return then typically one of three things has happened: 1.) Because, as much as ecommerce brands don’t like returns, buyers sure don’t like them either.

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What is a SKU? 3PL Advice for eCommerce Inventory Management

Ship Monk

In our eCommerce fulfillment blog we sometimes highlight industry jargon that’s essential for every entrepreneur. Whether you do or you don’t, this blog can help finetune your understanding of what SKUs can be utilized for, how to use them to grow your business , and best practices for this crucial part of inventory management.

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What You Should Know Before Starting an eCommerce Business

Ship Monk

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! You can’t run before learning how to walk, and you can’t walk before learning how to crawl. Ready to launch into digital superstardom, eh?

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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. How do you calculate carrying or holding cost? How Can ShipMonk’s 3PL Software Help? So what exactly is holding cost?

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Top Tips for Successful eCommerce Companies

Ship Monk

We’re all familiar with companies who’ve struck eCommerce gold, and it’s quite likely that we model our own business decisions after their sweeping success. But how exactly did they get there? After keenly observing the eCommerce game, we’ve compiled nine moves that will have you passing go and collecting $200 (and more!)

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Peak Season Prep: Solutions for a Successful Q4

Ship Monk

On the other side of that coin, ecommerce brand owners need to be just as careful when selecting their 3PL fulfillment service partners. Omnichannel fulfillment services are definitely not one size fits all, as every ecommerce brand is unique and has its own special needs. To do that, you need to stand out before and after. #1

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Revealing the Realm of Reverse Logistics

Ship Monk

In ecommerce, we spend a lot of time talking about logistics. But just as we must constantly evolve to provide ecommerce businesses the best, fastest, most cost-efficient solutions for order fulfillment, so must we prepare brands for when items get returned. ShipMonk does too; after all, we are a 3PL third-party logistics provider.