If you want to grow your business, you should have more customers, and increasing your customer base should be your goal. Recently, Australia has fast become the 10th largest customer base for e-commerce businesses. You must include Australian customers in your business plan to avoid losing out big time. Shipping to Australia from USA is more challenging than it seems because of the distance, customs and regulations, and mode of transportation. Furthermore, you have to contend with the US to Australia shipping cost if you want that. This article shares as much information as possible to help y ..read more

The most likely reason you ended up on this article is that you heard about the EORI number and wanted to gain more information on it. At first glance, the term EORI might seem a bit confusing and may look like a proper word to some. However, this is not the case. EORI is an abbreviation for Economic Operators Registration and Identification and is an essential aspect of customs clearance in the European Union. Want to know more about the EORI and when you might need one? This article has you covered. Table of Content Part 1. What is an EORI Number? Part 2. Who Needs an EORI Number? Part ..read more

Supply chain and its management, a term coined in the 1980s, has now become crucial to businesses worldwide. The process is vital in helping a company grow its products while understanding the needs of its customers. With the help of supply chain management, a company can predict the flow of their product within the market and how much they need to adapt to sell it better. In this article, we will discuss it along with some supply chain management examples to clarify the point. Without further delay, let’s start our discussion. Table of Content Part 1. What is Supply Chain Management Part ..read more

The current world is big on e-commerce operations, and there are many businesses out there that are in the e-commerce line. However, being a part of the e-commerce dynamics also means that you have customers from around the globe who would need their packages delivered safely and on time. If you recently stepped into the dynamics of the e-commerce world, we are sure that finding the best shipping carriers can make or break your business. This aspect is vital in improving your operational efficiency and significantly elevating your customer experience and satisfaction, providing a positive imag ..read more

When you are running an e-commerce business, there are several nuances that you need to take care of to break even and then start making profits. One of the critical aspects of any business is managing your inventory efficiently.  Whether you focus on real-time supervision, a passive outlook, or a periodic inventory system management strategy, it is up to you. Each has its pros and cons. In this article, we focus on periodic inventory and how it works, among other things. So, without further ado, let’s begin. Table of Content Part 1. What is a Periodic Inventory System? Part 2. How D ..read more

If you are running any business, especially e-commerce, your target is to target as many sales and make as much profit as possible. Many factors play into running a successful business and strategies to employ. Now, strip away all of these strategies and factors, and selling, at its core, is just selling. You can only sell something that is in demand. Therefore, forecasting customer demand is one of a business’s most essential building blocks.  This article discusses demand forecasting, why it is crucial, and how different demand forecasting methods can help your business. Table ..read more

When it comes to e-commerce business, Amazon accounts for nearly 40% of all sales made in the US, making it a massive potential for those who want to utilize this potential for huge profits. But running a successful business or fulfillment on Amazon comes with quirks and fees you must manage. To stay ahead of the curve and earn substantial profits, you must know Amazon FBA Fees in 2024. This article provides a detailed breakdown of the Amazon FBA seller fees you should consider to optimize your finances. Table of Content Part 1. What are Amazon FBA Fees? Part 2. Core Amazon FBA Fees Part ..read more

With the significant increase in online shopping and e-commerce platforms in the past few years, businesses are investing more in the demands of their customers. One of the key areas of enhancing service is shortening the last mile delivery time because customers want their purchase as soon as possible. Now that there is more demand for same-day delivery, companies spend up to 50% of the shipping costs just for the final mile delivery. This article discusses this in detail, including how to solve its problems and how to improve it to enhance customers’ experience. Table of Content Part 1 ..read more

When a business wants to make a profit, you want the supplier to give you that order or item at a minimum cost. To get that, the supplier or the manufacturer must ensure that it also accounts for their limitations and constraints. The more items in an order, the cheaper it is for the manufacturer to make. If you want to find a perfect balance in this scenario, suppliers/manufacturers impose a minimum order quantity / MOQ on your order. So if you want to learn more about the MOQ meaning and its benefits, please continue reading. Table of Content Part 1. What is Minimum Order Quantity (MOQ ..read more

Grasping the basics of product identification and stock-keeping units is crucial for businesses. Product identification involves assigning unique codes or names to products to distinguish them from one another. On the other hand, SKUs are alphanumeric codes used to track inventory and sales. By using SKUs, businesses can efficiently manage their stock and improve the accuracy of their inventory records.  This is essential for smooth operations and customer satisfaction. Additionally, SKUs can provide valuable data for analyzing sales trends and making informed business decisions. In this ..read more