SKU is short for stock keeping unit. SKU numbers help you automate inventory management. For new eCommerce sellers, SKU numbers aren’t a requirement. As your business grows, however, you will find that SKUs help you understand sales trends and grow your business. You can use them to better understand your customers and project future sales. … Read more
Managing and optimizing a local or global supply chain is one of the most important activities an ecommerce business or online seller can do if they want to control spend and put themselves in a position for growth. What is supply chain optimization? Supply chain optimization helps control your costs and other resource usage. Supply … Read more
Would you like to sell on the marketplace app that currently has the most downloads in the US? Then you need to sign up to sell on Wish.com. The site has a fraction of the sales volume of Amazon or Alibaba, but it’s growing fast, with 500 million users in 2019. Here’s everything you need … Read more
eBay Fast ‘N Free is the latest shipping option offered by eBay. The name is hard to type and can be confusing for companies when trying to figure out how to qualify. That’s because it’s part of a broader eBay program and makes demands of your shipping and fulfillment practices. So, let’s break down what … Read more
The leaves have turned, the air is getting crisper, and Cyber Monday will be here before you know it. That’s the day that eCommerce sites both large and small will be offering the internet equivalent of door-buster deals for online shoppers. Shoppers may flock to brick and mortar stores on Black Friday, the day after … Read more
More than two-thirds of all ecommerce shopping carts have been abandoned in 2020 and shipping prices and speed remain two of the top reasons. People want your products delivered to them quickly and they want to avoid surprises when it comes time to pay. For most ecommerce companies, that means having two-day shipping options with … Read more
Your online store is safe from a holdup by a thief in a ski mask. But you are vulnerable to a type of crime that can be even more devastating: an eCommerce cyberattack. And, yes, in a worst-case scenario, hackers can shut down your eCommerce business. Hackers love eCommerce. As eCommerce sales continue to grow, … Read more
Online stores are businesses just like any other, and that means you’ve got risks and liabilities to cover, which has probably sent you to Google looking to see if eCommerce insurance is a thing. While not a specific policy, you can get covered in a variety of ways. The good news is that the booming … Read more
The just in time inventory management system started as a manufacturing process. Over time, it has become popular in many sectors of the economy. Ecommerce companies use just in time inventory to stay nimble in the face of changing consumer desires. The opposite of just in time inventory is just in case inventory. A just … Read more
A shipping confirmation is one of the essential transactional emails for any company that offers product shipping. Together with order confirmation, it helps customers track their orders and check whether everything is fine. An order confirmation email is sent once your customer has made a purchase, and a shipping confirmation is sent after the order … Read more
On October 17, 2018, the Trump Administration announced plans to withdraw from the Universal Postal Union (UPU) treaty. The dispute was about discounted postal rates charged on Chinese packages shipped to the US. The move was part of the administration’s efforts to level the playing field between Chinese and US businesses. The US planned to … Read more
When you start a brick-and-mortar business, you get a business license from the city or county where your operations are headquartered. So, when you start an ecommerce business, do you need an online business license? The answer to that question is complicated. While a few product categories are federally regulated, most business licensing is done … Read more
