10 Retail Pricing Strategies
10 Retail Pricing Strategies that increase profitability There are many factors that influence the bottom line of your retail business, including the right price for your products that hit the maximization of your unit sales without sacrificing profit per unit. It’s crucial to understand your cost structure in order to choose the right pricing strategy, […]
e-Commerce Pricing Strategies
e-Commerce Pricing Strategies 5 tips that help your online company Setting the right price is crucial if you launch your e-commerce business. How can you compete with online marketplaces like Amazon, eBay and Rakuten having highly competitive pricing tools that enable them setting prices dynamically? You will be able to compete but you need to […]
Real Cost of Inventory
The Real Cost of Inventory What does dead inventory truly cost? We talked already about traditional warehouses that serve manufacturers and wholesalers. For a long time they had been seen as buffer within the supply chain and then have evolved to vital links of distribution centres, situated closer to end customers. But whether it’s traditional […]
Freight Consolidation
Freight Consolidation an opportunity in the procurement process The purpose of freight consolidation is to take various shipping arrangements a business engages in and pull them into one system which is conducted by third party logistics companies. Truck Load Shipments The costs of a truck per mile are always the same regardless of what is […]
Drop-Shipping
Drop-Shipping a distribution strategy for your e-commerce business Drop-shipping is a type of distribution strategy mainly used by small to medium sized companies, a retail fulfillment method where retailers do not store products themselves. If retailers sell products to end customers, they purchase it from the manufacturer directly or from distributors and let it ship […]
OEM & VAR
OEM & VAR companies require a tight cooperation OEM stands for Original Equipment Manufacturing, a company whose goods are purchased by a retail company. That retailer then sells the end product to consumers. That means, the retail company which purchased those items from the manufacturer (OEM company) adds values to the product itself in various […]