Whether your business is just starting out or has been in the market for quite some time, it is important to keep a track of the key performance indicators (KPIs) as they can help ensure that you are on the right track. One of the most integral parts of managing a business is driven by […]
Author Archives: Hasan Nasir
What is the first word which comes to your mind when you hear “2020”? Uncertainty, Masks, Lockdowns! Right? 2020 will be remembered as a year about ensuring business continuity and survival of the fittest. However, a number of business owners/leaders have treated this chaos as a mnemonic for aligning their team with meaningful metrics. The […]
Selling wholesale products is one of the effective and profitable business models as it enables you to make your products available to a large consumer base without having to market excessively to the end-users. Generally, selling wholesale required on-site business operations. However, as technology disrupted the industry, companies started to tap in the digital marketplace. […]
Technological innovation shapes the B2B system at pace, and customers seek to do business with companies that embrace technology. Considering the wholesale industry, wholesale distribution software eases out an inventory management system making business operations and stocking more periodic and arranged. No doubt, a successful inventory management system is the key to make any wholesale […]
Last year, the wholesale industry had 5.92 million people associated with it, and its average growth rate was 7.5% annually. The US, one of the biggest wholesale markets, had $7,582.3 billion in sales. The features above establish that the wholesale industry is growing is fathom, and the competition is already high above the sky. To […]
As mobile marketing grows, new techniques and strategies emerge that beckon webmasters to “get with the program” or miss out on profits. Gone are the days of webmasters simply hoping their desktop websites will suffice for the mobile user, especially when faced with image-heavy eCommerce sites. The imminent growth of mobile users is enticing some […]
Repeat purchasers are the bread and butter of many online stores, both easier and cheaper to come by than those tricky-to-win first-time purchasers. According to Adobe, marketers have to bring in seven shoppers to equal the revenue of one repeat purchaser – what a load of effort, eh? Typically, online retailers aggressively pursue second sales […]
One common phrase you hear is that we help stores incentivize whatever is important to them. But often, the answer to that question is not so simple. What is important for your store? The best way to attack a question so open-ended is to look at data and statistics. Calculating your store’s Customer Acquisition Cost […]
If you’re engaged in online retail, you’ve either set up your own eСommerce site or utilize tools such as eBay and Amazon. As consumers are given more options to control their own buying experience, though, it becomes necessary to expand outside of a single marketplace. To accomplish this, you need an efficient multi-channel inventory management […]
A lot of questions flood my mind as I watch the rampant growth and success of technology enabling electronic commerce (eCommerce to most of us) to be successful. The explosion of mobile and tablet device adoption amongst consumers has caused major shifts in the industry. Personalization, design, and communication strategies that eCommerce giants like Amazon.com […]