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Category Archives: Retail & Inventory

Ecommerce, Retail & Inventory

5 Steps to Building a Successful Ecommerce Business

5 Steps to Building a Successful Ecommerce Business

Of the 12 million ecommerce stores in existence worldwide, only 650,000 are generating over $1,000 annually. That’s a hard truth to swallow. The good news, though, is that ecommerce is still a relatively young concept. Revenue from online sales hit $1.4 trillion in 2014, and the current projections predict it will grow into a $4.5… Read more

Ecommerce, Retail & Inventory, Selling on Amazon

5 Last-Minute Strategies to Rock Amazon Prime Day

5 Last-Minute Strategies to Rock Amazon Prime Day

With Amazon Prime Day quickly approaching (July 16), it’s time to ramp up any strategies you’re currently working on. Or if you’re not working on any at all, it’s time to start. Prime Day is massively beneficial for both sellers and consumers. For consumers, the obvious benefit is lowered prices. For sellers, Prime Day helps… Read more

Ecommerce, Retail & Inventory

How the Internet Sales Tax Will Affect Online Retail

How the Internet Sales Tax Will Affect Ecommerce

The U.S. Supreme Court ruled in a 5-4 decision in South Dakota v. Wayfair Inc. to reverse a longstanding ruling that requires businesses to have a physical presence in a state to be subjected to its state sales taxes. Simply put: States can now charge sales tax on online purchases even if a company has… Read more

Management, Retail & Inventory

Your Guide to Improving Inventory Management (& Revenue)

One of the biggest costs for retail business operations is inventory. Inventory is a necessary cost of doing business for retailers of all sizes. After all, without inventory, you wouldn’t have any products to sell! But many small businesses are starting to look at innovative ways to save money on inventory or otherwise manage their… Read more

Ecommerce, Retail & Inventory, Selling on Amazon

How Amazon’s Seller Performance Affects Retail Arbitrage

How Amazon’s Seller Performance Affects Retail Arbitrage

First, let’s answer the question: What is retail arbitrage? Retail arbitrage is a method of obtaining inventory which involves purchasing items from retail stores and reselling the merchandise on online marketplaces. Typically, this method is used by smaller sellers, but we have seen sellers generate over $500,000 per year using this purchasing model. Sellers purchase… Read more

Construction, Professional Services, Restaurant & Bars, Retail & Inventory

The Ultimate Guide for Seasonal Businesses

10 Steps to Make the Most of Your Restaurant's Seasonality

As a seasonal business owner, you may find yourself asking these two important questions: How do you make the most of your busy season? How do you keep momentum moving forward in a slow market? Business owners are constantly looking for new ways to incentivize their customers to spend during the slow seasons to help… Read more

Selling on Amazon

How to Sell on Amazon [in 2018]: A 4,000+ Word Small Business Guide

How to Sell On Amazon: A 3,000+ Word Small Business Guide

Post updated March 16, 2018. One of the biggest parts of Amazon’s success is its marketplace for third-party retailers to sell products via Amazon’s platform. Many Amazon sellers are independent small business owners who have built successful small businesses by utilizing the big reach and big scale of Amazon to connect with buyers all over… Read more

Ecommerce, Retail & Inventory

10 Tips For Creating Product Descriptions For Your Online Business

You’ve got to write excellent product descriptions if you want to get noticed online. There’s a lot of competition, and you need to stand out. Your product descriptions can be picked up by Google if you write them well, so it’s important that you do your best to write descriptions that will stand out to… Read more

Cash Flow, Ecommerce, Finance & Accounting

7 Expenses That All Ecommerce Businesses Should Know About

We’ve all heard the expression: Cash is king. But having cash alone isn’t enough. Your small business also needs to understand how to manage that cash and how to deal with typical ecommerce expenses. A lot of online businesses make the mistake of not remaining cash flow positive. They spend more than they make, or… Read more

Customer Marketing, Customer Service, Ecommerce, Retail & Inventory

6 Ways Online Business Owners Can Increase Customer Retention

eCommerce businesses, inherently, lack the personal touch a business owner can bring to a brick-and-mortar establishment. All your clients are purchasing from you virtually, and there is no face-to-face interaction. This process means that even repeat customers don’t feel a sense of loyalty to your business. But even though online businesses present a unique challenge,… Read more