Ship Monk

JULY 19, 2022

Running an eCommerce business forces you to become an expert at a lot of things, but estimating shipping costs isn’t the best way to spend your time. This article will compare three top shipping companies, the US Postal Service (USPS), FedEx, and UPS, and show you how to calculate shipping rates for each. Value of Contents.

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Ship Monk

AUGUST 2, 2023

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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EazyStock

FEBRUARY 1, 2021

Better Inventory Management for eCommerce. The growth of eCommerce in 2020 was phenomenal as more customers, B2B and B2C alike, shopped online due to the COVID-19 pandemic. Forrester projects that B2B eCommerce transactions will reach $1.8 trillion by 2023 , indicating a need for more robust online sales strategies.

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Ship Monk

DECEMBER 5, 2022

Does it feel like your ecommerce business should be more profitable than it is? Could there be hidden costs you’re not accounting for in your pricing strategy? One of the most common mistakes direct-to-consumer (DTC) ecommerce brands make is failing to understand and track their true costs, a.k.a. How to Calculate Landed Cost.

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Locus

JUNE 16, 2023

Read also: How to Calculate the Cost of Transport 2. Among these, clothing retailers had the highest percentage, with 88% of consumers opting to return their orders. Read also: What Makes Every Delivery More Efficient Than the Last How to reduce delivery costs of last-mile?

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GoShip Blog

JANUARY 11, 2023

In logistics, labor shortage puts a strain on the supply chain, making it difficult for businesses to fulfill orders. Learning how to work through labor shortages keeps your business competitive and your customers satisfied. . Order Fulfillment & Delayed Shipments, Higher Costs . Manual order processing .

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Ship Monk

DECEMBER 12, 2022

When ecommerce business owners look for ways to increase revenue, they tend to focus on marketing campaigns designed to reach new customers, or promotions that entice existing customers to order more often. Order value is the amount your customers spend per order, so if everybody spends a little more, the average goes up.

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GoShip Blog

JULY 28, 2022

A returns management solution helps you handle the returned items effectively to satisfy your ecommerce customers without hurting your profit margin. . Why managing returns is important for ecommerce. Returns management, also known as reverse logistics, refers to how a business manages returned items.

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Ship Monk

JANUARY 30, 2023

If you’ve read PART 1 of our Ultimate Ecommerce Merchant Guide then you are halfway through absorbing the best lessons any entrepreneur can learn from the previous peak season, and are primed with the right knowledge to restructure for a stronger 2023. Welcome to the ecommerce party! And if you haven’t read PART 1, no worries.

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Ship Monk

NOVEMBER 21, 2022

You’ve done the hard work of building your startup into a successful ecommerce business. The last thing you want is to run out of your bestsellers, but how do you know when to order more? Others take an educated guess and hope for the best, which isn’t a strong strategy either. How to Calculate a Reorder Point.

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Ship Monk

JUNE 16, 2021

While operating at 110% capacity may not always be feasible, making the most of the eCommerce slow season definitely is. Revamp Your Marketing Strategy. If you choose to go with the former, how about launching a limited edition collection for the summertime? Marketing is an ever-changing and ever-growing field. Let us know !

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Ship Monk

SEPTEMBER 14, 2022

There are a lot of accounting terms thrown around when describing eCommerce inventory: merchandise inventory , WIP inventory , ending inventory , and beginning inventory to name just a few. By value , we mean how much that inventory cost to make or purchase, plus how much it’s costing you to store it.

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Ship Monk

JANUARY 27, 2023

While “going with it” is an acceptable strategy for some areas of the holidays; it’s not a strong plan for ecommerce brands during peak season. Get Faster Shipping Options Peak season is when ecommerce brands of all sizes across all verticals feel the most pressure to deliver on the delivery front. Reduce Cart Abandonment 2.)

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GoShip Blog

MAY 22, 2023

Are you looking to get started with cross-border shipping for your eCommerce business? This blog post will cover everything you need to know about cross-border eCommerce shipping. Read on to learn more about how to get started with cross-border shipping for your business. Choose the right cross-border eCommerce platform.

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EazyStock

FEBRUARY 11, 2021

Better Inventory Management for eCommerce. eCommerce is a rapidly growing phenomenon across the globe. Statista projects that eCommerce sales will surpass $740 billion in the US by 2023. B2B ecommerce sales have also accelerated; Forrester projects that 17% of all eCommerce sales in the US will be B2B by 2023.

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Ship Monk

AUGUST 22, 2022

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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Ship Monk

MAY 24, 2022

Maybe you’ve already been looking around for a new fulfillment provider , or maybe you’ve already found the perfect partner to take your eCommerce business to next-level growth. How do you move your inventory from one distribution center to another without losing any of it, upsetting your customers, or losing revenue?

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Ship Monk

JULY 27, 2022

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! Ask yourself the following: What are my daily order patterns?

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FW Logsitcs

MAY 13, 2024

But managing eCommerce shipping in-house can be a logistical nightmare for high-growth brands. Learn how mastering e-Commerce shipping can optimize efficiency and boost success. Why e-Commerce Shipping Matters for Business Growth In the competitive world of eCommerce, a seamless customer experience is no longer a luxury.

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Ship Monk

JULY 13, 2022

For eCommerce direct-to-consumer (DTC) brands, calculating shipping costs can be a headache. That means, whether you’re fulfilling your own orders or a third party logistics company (3PL) is fulfilling them for you, each package has to be measured, weighed, and routed to find the least expensive shipping method. in 1-3 days!

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Ship Monk

MAY 5, 2022

We know that’s not an easy decision for any eCommerce business to make. There are a few different ways to go about the big move, so it’s a matter of choosing the strategy that keeps your sales and fulfillment operations flowing smoothly throughout the transition. Strategy 2: Sending Inventory to Cover a Transition Period.

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Stord

APRIL 21, 2022

The full blog post is below: I’ve never been able to fully square away ecommerce and the impact it has on the environment. I think most ecommerce brands would prefer to use more sustainable packaging, but it’s easier said than done. If you want to learn more about ecommerce packaging, here are some additional resources: 1.

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Logistics Viewpoints

NOVEMBER 20, 2023

As ecommerce grew at double digit rates, while in store sales grew at less than the rate of inflation, retailers were looking for a way to turn their stores into a competitive weapon. As a result of this, the market for omnichannel order management (OOM) systems grew briskly. Then came Covid. Consumers did not want to go into stores.

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Ship Monk

APRIL 4, 2023

It’s been a while since you placed your ecommerce order so it seems like it may be time to face facts. Lost packages are a worst-case scenario for all ecommerce business owners, but that doesn’t mean they’re completely unavoidable. Here are nine strategies for nipping the negative impact of lost packages in the bud. #1

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Ship Monk

APRIL 28, 2021

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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Ship Monk

MAY 12, 2022

It should include your requirements for orders, inventory and special services, as well as expectations regarding time frames and reporting. Your merchandise cannot be moved until your order, inventory, and payment systems are fully integrated with your new 3PL’s warehouse management and reporting systems. Choose a Migration Strategy.

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GoShip Blog

MAY 20, 2022

It’s impossible to imagine a profitable retail business without growing your eCommerce sales. eCommerce challenges. Frequently, an inconvenient supply chain leads to the loss of customers due to late deliveries, order misplacement, or damaging products during transportation. How to increase online sales?

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Ship Monk

DECEMBER 30, 2020

It’s no secret that shipping is one of the most important aspects of eCommerce. Read on to learn the what and how of sprucing up your shipping options. Here are our best hacks: Offer free shipping only after an order exceeds a certain threshold. Ready to pair your fabulous products with fabulous shipping? Let’s break it down.

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Ship Monk

SEPTEMBER 30, 2020

It’s prime time for Prime Day— Amazon’s eCommerce extravaganza that promises Black Friday deals without the chaos of brick-and-mortar shopping. At the end of the day, you should pick your eCommerce battles on a case-by-case basis. How will I resolve them? What’s my marketing strategy? Let’s talk! Shoot us a line here.

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GoShip Blog

JUNE 15, 2022

It’s essential to be well-aware of your stock state and the effectiveness of your eCommerce platforms. It will let you place and process orders fast enough to fulfill customer requests. . Besides, verify that you know how to quickly and appropriately package the items for shipping. How to ship on Father’s Day?

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GlobalTranz

NOVEMBER 30, 2016

The B2B eCommerce industry is worth roughly $1 trillion in the U.S. Not to mention the industry is growing at nearly four times the rate of B2C eCommerce, as distributors like you respond to the growing demand among buyers to purchase online and on-the-go. alone today, according to estimates from Gartner and Forrester Research.

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GoShip Blog

FEBRUARY 2, 2023

Standing out from the crowd among millions of ecommerce businesses in the US requires you to connect with your audience on an emotional level. They are beliefs that communicate what your company prioritizes in its operations and how it achieves its mission statement. The ecommerce industry is more competitive than it has ever been.

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Ship Monk

AUGUST 5, 2020

As the 13th largest company in the world, Amazon averages 200 million unique visitors per month , which means there’s plenty of opportunity to put your eCommerce business on the map. Of course, it’s not just about what you sell — it’s also about how you’re getting products to your customers. Cons of FBA. Prepwork Galore.

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Ship Monk

APRIL 23, 2024

Trouble is, managing an ecommerce brand involves certain unavoidable carbon-causing activities like packaging, shipping and returns. Image Source: EcoMatcher How to Calculate Your Carbon Footprint If you’re serious about sustainability, you should start by calculating your carbon footprint.

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Ship Monk

MAY 23, 2023

Things that customers and ecommerce merchants dislike equally: “Where’s my order?” emails Expensive shipping Lengthy shipping windows Customs and tariffs on orders What is the solution to all these shared issues? If you’re an ambitious ecommerce brand owner, you don’t just want more warehouses.

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Ship Monk

MARCH 28, 2023

Speedy, error-free shipping is one of the most important aspects of any ecommerce business. Read on to learn about the shipping options available to your ecommerce business and understand why 2-day shipping is the best amongst them! It’s safe to say those days are long gone as we relish in the rapidity of speedy ecommerce shipping.

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Ship Monk

APRIL 28, 2023

Which means in the world of ecommerce business, entrepreneurs may feel torn between making eco-friendly decisions and strategic business ones. The good news is that you can stick that stigma where the sun don’t shine because there are plenty of ways to run a profitable eco-friendly ecommerce brand. What is Sustainable Ecommerce?

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