Surprising Dropshipping Market Size Statistics You Need To Know In 2024
Today, if you were to buy a product online, chances are it is a dropshipped item. Dropshipping is a business model where a business does not have to hold inventory. A dropshipping store acts like a middleman, taking the orders and sending them to another company. This other company, usually a supplier, will ship the […]
Identifying and Addressing Inventory Risks in B2B With 6 Solutions
For any B2B business, revenue is essential. It dictates whether a company will be able to expand operations or not. One of the most important for companies is ensuring the inventory is well-stocked and ready for customers. A B2B business with properly managed inventory is crucial for that success. This is because the US Census […]
How To Start A Small Wholesale Business For Success: Your Guide To Growth
There are many levels in a supply chain. Before a product ever hits the store shelves, it goes through various points of contact. One such contact is by the wholesalers. Instead of handling end customers, wholesalers sell products to other businesses, which then sell to end customers. According to the Wholesale Global Market Report by Business […]
Differences Between Wholesale Vs. Resale You Need To Know
Have you ever wondered what the differences between wholesale vs. resale? It is much like the core differences between retailers and wholesalers. Both are important in the supply chain, but where they differ is where they are in the supply chain. Other than that, there are many other differences. If you are starting a business […]
Enhancing Customer Satisfaction Through Inventory Management
If you think about inventory management and customer satisfaction, you might think they don’t have much of a relationship. However, they are more connected than you might think, especially for B2B and eCommerce businesses. Inbound Logistics reports that 63% of businesses do not have visibility of the supply chain, leading to increased customer complaints. Without visibility […]
The Secret To Wholesaling: How Wholesalers Add Value And Make Money
Over the past few years, the wholesale industry has seen considerable changes. Gone are the days when wholesalers were crucial to the supply chain. More and more companies are looking to cut out the middleman and seek other alternatives to distribute their products. According to Statista, direct-to-consumer sales have increased by 15% from 2019 to […]
Analyzing Data and Metrics for Strategic B2B Inventory Expansion
Different things come to mind if you think about what is essential for your business. Some would say the customers, but I would say that inventory is just as important. Without it, your customers will have no product with which to interact. For a business to grow and expand, inventory expansion is needed to guide […]
Behind the Scenes: The Essential Jobs Wholesalers Do
Various jobs worldwide, ranging from farmers and factory workers to teachers and doctors. But out of all of these, where would you put wholesale and retail workers? The wholesale and retail business make up 13.2% of all employment in the world, according to the International Labor Organization. To put it into perspective, there are over […]
Best Products to Buy in Bulk and Sell on Shopify
The eCommerce boom at the start of the 2020s will continue to grow yearly. And the one spearheading the boom is Shopify. Shopify is an eCommerce platform where people set up their online stores. Since its inception in the mid-2000s, they are now the market leader. According to DemandSage, there will likely be 700 million […]
Recent Posts
- Surprising Dropshipping Market Size Statistics You Need To Know In 2024
- 7 Wholesaler Types And How Do Wholesalers Make Money In 3 Key Ways
- Identifying and Addressing Inventory Risks in B2B With 6 Solutions
- How To Start A Small Wholesale Business For Success: Your Guide To Growth
- Differences Between Wholesale Vs. Resale You Need To Know