As the holiday shipping season blows in with the first blizzard, ecommerce readiness is the hot topic of the hour. Before your holiday shoppers hit checkout, your site needs to be able to provide a frictionless fulfillment experience. Customers are more focused than ever on frictionless shopping experiences.…
The 2021 holiday season is primed to be one of the strongest this decade for most retailers. TotalRetail is reporting an expected 7 to 9 percent sales increase from consumer demand. This is thanks to rising prices of goods associated with increased costs for materials, shipping, marketing, and…
Staying organized throughout the year—as a business—is tough. You have official documents and business paperwork to file electronically and in hardcopy. Next, there is the inventory, which includes management of information about costs of goods and the number of items purchased by customers. You also have the physical…
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…