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Holiday Leftovers? Here are 4 Ways Sellers can Minimize Excess Inventory

Retail TouchPoints

For one thing, it can lead to increased costs as companies may need to pay for additional storage space to hold the excess inventory. Here are four tactics that retailers and ecommerce sellers can employ to eliminate excess inventory and mitigate the impact of the holiday hangover as they plan for 2023: 1: Diversify sales channels.

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Adapting B2B Integration To Support Distributed Commerce

RTP blog

Today’s distributed commerce environment — with its improved digital shopping technologies and widespread adoption of multiple commerce channels — demands greater supply chain agility to drop-ship merchandise when and where the customer wants it.

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Wix Pricing Canada (Aug 2022)

Ecommerce Platforms

It also boasts various pricing tiers, handy email functionality, social media ads, analytics and reports, and even eCommerce. In this article, we'll look at what Canadian users should consider before settling on a Wix account, how their pricing works, and how to get the best deal. Wix Pricing Canada: Wix's Pricing Plans.

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Multi-Channel Retailing and the Buyer’s Journey: Opportunities and Challenges

BigCommerce

Most online sellers begin their journey from one sales channel, setting up shop through a website or marketplace. Multi-channel retailing is the practice of selling merchandise on more than one sales channel. A report by BigCommerce confirms that buyers across several age groups are shopping from multiple sales channels.

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Inventory Management for Scaling ($1M+) Businesses: Techniques You Need to Know Before You Go Bust

BigCommerce

Ship products to customers in a timely manner. Managing your inventory properly across all of your sales channels helps to lower your product cost and increase shipping speed – ultimately earning you increased customer loyalty and love. Want to use Skubana to help manage your multi-channel inventory?

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4 Steps to Operations and Fulfillment Transformation

Retail TouchPoints

Retailers can no longer turn a blind eye to the reality that today’s increasingly online shoppers are savvier than ever and quick to make snap judgements about brands for as little as delayed shipping. From order placement to shipping notifications, consumers demand regular updates about their orders or returns.

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Balancing Act: Financial Planning Tips for E-commerce Startups on a Tightrope

365 Retail

Determining an Initial Budget When creating your initial budget, be realistic about the required upfront costs—many expenses like inventory, web hosting, and payment processing scale with sales volume. Aim to have 6-12 months of operating costs on hand to allow time to refine your offering. Measure ROI religiously.