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5 Ways Small Businesses Can Manage Supply Chain Issues

Wiser

As a small business owner, managing supply chain issues is nothing new. Because smaller retailers cannot always order in bulk or far in advance like many larger retailers do, any supply chain disruptions are often felt faster and stronger by small businesses.

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33 best small business ideas to make money in 2023

Omnisend

Reading Time: 17 minutes Do you want to start a business but don’t know where to start? This article highlights the best small business ideas you can use to start your new venture. In this article, we’ll share the best small business ideas you can use to kick-start your entrepreneurial journey and achieve your personal goals.

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Visa, Mastercard Settlement Represents Major Victory in Merchants’ Fight Against Swipe Fees

Retail TouchPoints

merchants worth an estimated $30 billion that will lower the interchange fees (commonly referred to as swipe fees) that merchants are charged when customers use credit or debit cards. Additionally, the settlement provides funding for new programs to educate small businesses about payment acceptance options and how to best manage costs.

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The Future of Retail, Reimagined

Retail TouchPoints

Even before COVID-19, the retail industry was already going through significant challenges, disruption and transformation. Here is a glimpse into the future of retail, reimagined. Retailers will need to evaluate how to bring the storefronts and exteriors alive even more. The Store On The Move – ‘Go Where the Need Is’ Retail.

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How does SKU proliferation affect small businesses

TradeGecko

SKU proliferation refers to the process by which a retailer or merchant adds products to their inventory. For example, a retailer starts off by selling one brand of mouthwash in only one flavour. As time progresses, the retailer realises that customers also like a competing brand of mouthwash. What is SKU proliferation?

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CommentSold Moves into DTC Sales with Popshoplive Acquisition

Retail TouchPoints

The newly named platform — Popshoplive, powered by CS — will allow creators to sell products directly to their followers via their own branded storefronts rather than referring them to brands and retailers. CommentSold has sold more than 147 million items from over 7,000 small to enterprise-sized retailers on its platform.

Drop Ship 245
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Distribution And Warehousing 101: Is It Right For Your Small Business?

RetailMinded

To begin, distribution refers to the process and activities involved in transferring goods or products from the producer to the consumer. The most common distribution channel for goods is from the producer to the wholesaler, then to the retailer, and finally to the consumer.