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Demand Forecasting 101: Everything eCommerce Businesses Need to Know

Ship Monk

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! 1 Market Research – Market research gathers crucial customer data by means of surveying.

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Importance of Social Proof in Ecommerce

Ship Monk

What can ecommerce businesses do to leverage this power? That, in a nutshell, is why ecommerce businesses cannot afford to ignore the importance of social proof. Conformity bias is what makes the fashion industry tick, and many ecommerce businesses benefit from it. That’s a mind-blowing statistic.

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Demand Forecasting: How It Enhances Ecommerce Operations

Ship Monk

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.

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How to Ensure Effective Third-Party Deliveries and Excellence in Your E-commerce Logistics Operations

Locus

A survey states that 82% of shippers rely on third-party providers to procure capacity for at least some of their orders. By investing in a tool like ShipFlex , businesses can get end-to-end visibility even with outsourced fleets. Schedule a demo with us! Are you looking to simplify multi-carrier delivery management?

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The Golden Route: Perfecting Diwali Deliveries This Festive Season

Locus

That’s where sophisticated route planning tools come to the rescue. An Ernst and Young survey points out a significant 75% of Indian consumers weigh the long-term environmental and societal implications of their buys. While our delivery champs excel at many things, they aren’t necessarily expert navigators.