Everybody walks. Wear and tear on your shoes is an unavoidable fact of life, so too is your (at minimum) bi- or tri-annual shoe purchasing. With 7 billion+ humans on the planet, that means we've got around 14 billion feet all just waiting to be adorned with fresh kicks. But you're not the first to figure this out, oh no. Shoes are one of the most competitive listings in online auction sites such as eBay or Amazon. You need a way to stand out...
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Amazon and Aliexpress are among the world's leading online shopping retail companies. They are both market leaders and innovators that have a massive influence over the global eCommerce landscape. And while we often hear Amazon and Aliexpress mentioned in the same breath, how much do you actually know about each of these companies? If you’re going to be using either of these platforms to source and sell products of your own,...
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Out the old and in with the new. We’re all familiar with that saying. Things are no different in the eCommerce world. In order to introduce new products, you need to deal with stale, slow-moving inventory first and foremost. According to experts, inventory that’s sitting idle for more than six months is a major expense to your business. And, if your slow-moving stock happens to be a high-quality (and therefore high-cost) inventory too, it can add to your cash flow...
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Did you know that it costs more for a brand to acquire a customer than it does to retain one? The secret to keeping a customer is exceptional customer service. That’s because the average consumer, nowadays more than ever, looks for an experience that is hassle-free and convenient. By providing customers with excellent customer service, you effectively make them brand ambassadors who not only favor your brand over others, but...
Read more![Top Ecommerce Platforms by Usage in 2018 [with Infographic]](https://cdn.salehoo.com/img/content/posts/3910.512feb440fdcab515cd629716784aa41_y:795.png?84436)
Ecommerce is growing worldwide and becoming the preferred way for purchasing products and services. The statistics being thrown up by global ecommerce is full of unbelievable numbers that can make any entrepreneur perk up and immediately look into incorporating it into their business. While these numbers are pretty big right now, they're expected to only increase in the coming years. It had been quite an amazing year for ecommerce in 2017, and 2018 is expected...
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What role does value play in sales generation? Better yet, let me ask another question: Are you sure you have a clear understanding of what value is? Hopefully you do, but so many businesses get it wrong. They compete and sell based solely on competitive pricing strategies then wonder why they go out of business after a few months. Here’s how you can avoid that mistake The difference between value selling and a competitive pricing strategy Value is NOT selling...
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Developing a good relationship with your supplier isn’t complicated... As long as you communicate clearly, tell them your needs and standards, treat them fairly, and pay them on time, it’ll be smooth sailing. Sounds easy, right? Well… not so much. That is, unless you’re willing to put in the work. Today, we’re going to talk about the benefits of having a reliable supplier, how to build (and keep) a good relationship with your supplier, and much...
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Dropshipping products from AliExpress is an awesome way for business owners to make huge profit margins on products, especially those looking to start an ecommerce business or online store. However, all of the suppliers on this platform are from China and Hong Kong, so shipping can take weeks and even months, even with DHL global mail and parcel express options. Not good for customer satisfaction and seller reputation, that’s for sure. However, that all changed when ePacket...
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Why is Feedback Important on Amazon Amazon’s vision is to be “earth's most customer-centric company, where customers can find and discover anything they might want to buy online.” Their mission statement revolves around one thing that has always been important to them—the customer. Amazon uses its seller feedback rating to see if third-party sellers are reaching the high standards of customer service it expects. Amazon calculates your feedback...
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There are two initial things you need in order to start an online business: A product idea A supplier If you already have your product idea, the next step is finding the perfect supplier. Thanks to Alibaba, it’s easy as pie to find a wholesale supplier overseas. The problem, however, lies in finding a trustworthy supplier. As you may know, Alibaba has tens of thousands of suppliers. But they’re not all real suppliers - there are lots of reports of scams. Luckily,...
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