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?
Ship Monk
JANUARY 19, 2024
So, you want to start an ecommerce business. We’re happy to tell you that there are far more options than those two seemingly opposite paths to success (and many, many ecommerce businesses go both ways)! Take a seat as we explore the differences between ecommerce stores and ecommerce marketplaces, and list the pros and cons of each.
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Ship Monk
DECEMBER 27, 2023
Back in 2013, in a survey of 250 supply chain executives, more than half of them reported picking error rates of 3-4%, with each mistake costing the company an estimated $22. Most ecommerce businesses process far more than 1,000 orders per year. But let’s take a look at accuracy. But consider this. Naturally, we’ve got a few ideas!
Ship Monk
AUGUST 30, 2023
would put you in the middle 60% of ecommerce stores according to this benchmark. Today we’re going to look at how to calculate ecommerce conversion rates, identify some things that may be turning customers away, and what you can do to improve conversion rates. What is an Ecommerce Conversion Rate? Anywhere between 0.2%
Ship Monk
FEBRUARY 3, 2024
One of the greatest benefits of owning a direct-to-consumer (DTC) ecommerce business is that you get to form a direct connection with your customers. All ecommerce businesses should be engaging in targeted advertising. Show me how you can solve a problem for me. Looking for other ways to help your ecommerce business grow?
Ship Monk
FEBRUARY 9, 2024
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 a few short weeks they’ll find out just how accurate their demand forecasting method was. Furthermore, no method is 100% accurate.
Ship Monk
SEPTEMBER 14, 2023
This multichannel shopping habit makes it difficult to reach consumers, particularly if your ecommerce business is currently taking a single-channel approach to marketing and sales. Today’s ecommerce brands have a myriad of choices to consider when selling their products. What is a Sales Channel?
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