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Finding Your Ecommerce Brand Niche

Ship Monk

You decide to launch an ecommerce store to sell this idea because it’s the greatest idea ever and can’t possibly fail. Part of the process is doing your homework and identifying your ecommerce niche. What is an ecommerce niche? What is an Ecommerce Niche? Let’s assume you’re an entrepreneur with a great idea.

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Cost to Serve Analysis—And the Costs of Neglecting It

Logistics Bureau

We’ll begin with a look at pricing strategy. Do You Lack Confidence in Your Pricing Strategies? If not, your pricing strategies could inadvertently limit your profit margins , either by throttling revenue or gifting sales to your competitors. Are You Missing Opportunities in Pricing Strategy?

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8 Reasons Why Your Business’ Success Depends Upon Your Supply Chain

Logistics Bureau

Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. In other words, the majority did not recognise the need for close alignment between supply chain and general business strategies.

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Omnichannel Retail and the Cost to Serve Online Customers

Logistics Bureau

Ecommerce competition was already fierce before the pandemic curbed consumer enthusiasm for in-store shopping, and now, it is even more so. Increased variability: New competitors, variances in customer demand, additional volatility—all these factors can affect your cost to serve as you diversify your sales and distribution strategies.

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Supply chain trends to watch out for in 2023

Logistics Business Magazine

A big part of what companies need to do when building a future strategy is to look out into the future and say, “These are the things that we think we want to do and be five years from now”. Historically, this product ‘footprinting’ exercise was both tedious and expensive. What does that look like? What criteria is key?