It’s strange to remember now that it used to take weeks to get a product in the mail. Today’s online retailers have changed the way we think about lead times. Amazon Prime in particular has conditioned a whole generation of consumers to instant gratification. They’re even considering creating their own
E-commerce retailers have a problem. A $42 billion one. That’s the amount of online purchases shoppers are expected to return this holiday season. Returns rates are growing even faster than expected, with overall returns rate going up 10 percent annually. On average online shoppers return anywhere from 15 to 30
Higher tariffs are one of an e-commerce brand’s worst nightmares. Whether you own a small or large e-commerce company, navigating new tariffs is challenging and can greatly impact your bottom line. For reference, over 40 percent of small companies report their costs are increasing as a result of the Trump
Without a good supply chain, your e-commerce business is nothing. Seriously, even if the rest of your business is solid, it will undoubtedly fail without a functional supply chain. Sourcing, making and delivering your product is the backbone of your bottom line. To make sure your business stays viable and
For many Americans, the New Year is one a minor holiday that most likely includes a party with some friends followed by a single day off work. The Chinese New Year could not be more different. In China and many other countries in Southeast Asia, the New Year is the
Say goodbye to Coolest Cooler. The young and hip, high tech cooler company recently announced they are closing down. CEO, Ryan Grepper cited the increase to a 25% tariff on Chinese imported products as the reason for their closing. In a memo to backers of the Kickstarter campaign Grepper stated,
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