article thumbnail

How Ecommerce Brands Leverage Brick & Mortar

Ship Monk

As much as we’d like to think that ecommerce is taking over the world, it still only accounts for around 21% of retail sales according to a 2023 Digital Commerce 360 analysis of U.S. In fact, there can be significant advantages for brands that engage in both ecommerce and brick-and-mortar sales. Department of Commerce figures.

article thumbnail

Ecommerce Inventory Management: Challenges & Solutions

Logistics Bureau

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?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

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. How, you may ask?

article thumbnail

Building a Global Logistics Juggernaut with Nourhan Beyrouti

The Logistics of Logistics

A significant milestone in Beyrouti’s career was his role as the Senior Director of Delivery Solutions, a pivotal position where he led the revenue operations in marketing, strategy, and sales events from 2021 to 2023. Ecommerce Experts: AJEX is experiencing rapid growth due to the booming ecommerce market in Saudi Arabia.

article thumbnail

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.

article thumbnail

Ecommerce Customer Acquisition Tips & Tactics

Ship Monk

The hardest part about launching an ecommerce business is … what? As an ecommerce business, (or any kind of business really) your task is to shepherd potential customers from step to step on this journey. Embrace a multichannel sales strategy. Developing your products? Building your website? Inventory management?

article thumbnail

Ecommerce Business Models: Many Paths to Success

Ship Monk

Since there are so many different types of ecommerce businesses and many operate under a combination of business models, we thought it was time to clear up some of the confusion around those ubiquitous acronyms, and add a few more. Let’s take a look at the different types of ecommerce business models out there, with some examples of each.