How accurate is your inventory count? Do you have an effective inventory measurement system? Organizations that regularly keep an accurate inventory count find they receive multiple benefits. These are: Ability to deliver excellent customer serviceReduction of operating costsAccurate data for your financial recordsAccurate shipping lead timesPrecise schedule of…
Average Order Value (AOV) is one of the metrics used to understand revenue and profit growth for your business. Let’s take a look at average order value meaning and the AOV formula. Why is AOV important for your company? What is Average Order Value? No matter how good…
Ecommerce holiday planning for 2021 is something you must do to increase revenue throughout the year. Many companies see 40% of their sales during the holiday season. Since COVID-19, the ecommerce sector has grown exponentially and continues to grow – and you definitely do not want to be…
Image Credit: Dorret In the previous part of this blog series, we reviewed the actions businesses should take when preparing for the winter holiday sales in terms of product range and sales channels. This week, it’s time for the field of marketing, which is also extremely important –…
Wall Street Journal recently posted this article in their small business section. The article presents a balanced view of reasons why small businesses are looking to cloud based solutions for their business and why they may be reluctant to make the switch. As of April 2010, only about…
A pretty good, at least fun, video produced by Accenture in which kids explain what “cloud computing” is and why it matters for businesses.
This is totally up the alley of our favorite folks at 37signals. Yesterday, I saw a new advertisement for Sam Adams on TV. In the documentary-style ad, an interviewer asks people how big a company do they believe Sam Adams’ is. Some of the interviewees respond “Sam Adams…
Good article at the American Express Open Forum on the benefits of Groupon for small businesses. Here is how Groupon works – (paraphrased from their webpage) Each day we feature something cool to do at an unbeatable price. You only get it if enough people join that day……
Continuing on my earlier article on communicating simply, here is one more reason why you should always use easy to understand language in all communication. According to Chip & Dan Heath, the authors of Made to Stick, Simplicity is one of the key attributes of ideas that stick.…