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Choosing a Distribution Model: Drop Shipping vs Traditional Inventory

Retail Bound

Welcome back, retail enthusiasts! One of the topics that consistently comes up in the retail world is the logistics of shipping. From the manufacturers to the distributors, to your retail store – there are many factors and unexpected costs to consider during the shipping process that can be often overlooked.

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Dropshipping: What it is & why it might be smart for your small business

Clover - Retail

Requiring little to no overhead for inventory, dropshipping can help lower inventory costs and boost profits. But, there are a few challenges retailers should consider before jumping in. Dropshipping is a type of supply chain management in which a retailer does NOT keep the product it sells in stock. What is dropshipping?

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How to Prepare for Holiday Returns

Independent Retailer

Consumers are returning more purchases than ever, especially with the growing convenience of online orders, but it is becoming an increasingly expensive problem for retailers. Last year alone, retailers lost $218 billion to ecommerce returns. Shoppers Already Expecting to Return Gifts. Returns do not necessarily mean losses.

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Wholesale Dropshipping

Independent Retailer

Dropshipping is a great way for independent retailers to add items to their stores without taking on any additional expenses for storage and handling. When a retail customer orders an item, the dropshipping company blind ships the item to the customer. How Much Can You Make as a Dropshipper? What is Dropshipping?

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How to Sell Wholesale Products Online

Independent Retailer

While most ecommerce businesses start small with only a handful of products, with the right opportunity, selling merchandise in bulk can give your business the chance to advance quickly. This is when companies sell their products to retailers and other direct-to-consumer sellers instead of the individual shoppers themselves.

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Six Questions for Success at Your Next Buyer Meeting

Rangeme

chapter on space and assortment, the consortium identified the six questions retailers are likely to expect a manufacturer to answer when a brand introduces a new item and asks for shelf space. Following are are the six questions, which I’ll expand on in detail below: Where does the new item fit in the Category Decision Tree (CDT)?

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How Outsourcing Your Fulfillment Will Grow Your Business

Rangeme

Fulfillment is a broad term that encompasses every aspect of storing, packing, and shipping your goods. When you launch your products, you may manage this work yourself to save on labor and storage costs. There’s a reason many successful businesses started in garages or basements – it works! And what does it cost now?