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Top Ecommerce Trends for 2024

Ship Monk

We can’t predict when joggers will go out of style (never, we hope) but we are pretty good at predicting ecommerce trends. Since ShipMonk is a third-party logistics provider (3PL for short), we’re well situated to observe the ecommerce supply chain from end to end. Here are a few of the trends we think are going to be big in 2024.

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Maximize Ecommerce Supplier Relationships

Ship Monk

Was it the last time you placed an order? Whether your business is a small ecommerce startup or a big box retailer, the benefits of supplier relationship management are the same. Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. The last time you signed a contract?

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Peak Season 2022 Guide for eCommerce Brands PART 2

Ship Monk

In PART 1 of our “Peak Season 2022 Guide for eCommerce Brands” we discussed the major problems that affect eCommerce brands for peak season 2022, and the solutions entrepreneurs can seek to resolve them. It can be difficult for eCommerce brands, (DTC brands in particular) to prep for the onslaught of Black Friday sales.

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Understanding the Profitability of Omnichannel Retail is a Problem

Logistics Viewpoints

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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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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Which eCommerce Business Model Is Right for You?

Ship Monk

They say labels are for soup cans, but, when it comes to running an eCommerce company, it’s important to know where your business model falls under. Then, with a concrete strategy by your side, fine-tuning the details becomes a whole lot easier. eCommerce Business Classifications. eCommerce Business Models.

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How Loyalty Programs Benefit Ecommerce Brands

Ship Monk

While most ecommerce brands aren’t giving away specter-proof jumpsuits or bejeweled pink jackets, offering benefits to members is a time-honored, strategic tactic that savvy ecommerce brands employ. Let’s take a concise dive into seven key areas of this critical ecommerce brand tool for boosting business.