How to Tell the Difference Between Markup and Margin?

One of the unspoken rules of business is that you should always keep track of your expenses, always change the prices of your products, and always keep an eye on the prices of your online competitors. After all, if you don’t keep a close eye on the money side of...

How important are your store’s weekly new arrivals?

In the world we live in now, the fashion industry is one of the highest-paying niches. Because of this, more and more business owners seem to be putting money into both traditional and online clothing stores. Statista says that clothing stores in the US are expected...

The best podcasts about business to listen to in 2023

In the past few years, podcasts have become the latest “hot topic” that everyone is talking about. This new kind of media is like a mix between a radio show and a TV show. In other words, it’s kind of like a radio talk show, but it’s recorded...

How Do You Determine Inventory Turnover?

Inventory Turnover Ratio (ITR) or just Inventory Turnover is a number that shows how long it takes a business to sell all of its inventory. The inventory turnover (IT) can also be used to show how well a business is doing in terms of sales. Businesses with a high IT...

What does MOQ stand for, and how do you figure it out?

In the retail business, having the right inventory and the right amount of it is very important. When sales of a product pick up, you would want to make sure you always have enough stock so you don’t miss the chance to sell and make money. But at the same time,...

2023: Challenges, Opportunities, and Success

Marking and celebrating milestones as you prepare for your next projects is a key part of facing new challenges with more strength and motivation. Even though 2020 was hard in every way we could think of, we can say with pride that we started the year with a sense of...

How to deal with having too much stock?

Retail businesses, whether they are online or in a store, have to keep extra stock on hand. Even if you use past data to carefully plan your wholesale purchases, you might end up with too much inventory. This can be a big problem for businesses of all sizes, which is...

Online vs. in-store shopping: Pros and Cons

In this article, we’ll look at the pros and cons of both online shopping and shopping in stores. But first, let’s look at how shopping has changed over time and what eCommerce and retail really mean. We have been trading, exchanging, and using resources...

The Top Sunglasses Dropshippers

It’s true that “the sun is always shining somewhere,” so there will always be a need for sunglasses. By 2027, it is expected that the global market for eyewear will be worth 197.2 billion U.S. dollars. So, if you decide to dropship sunglasses,...

Web Design Best Practices for Shopify

It has never been easier or more convenient to shop from the comfort of your own home. In the last ten years, eCommerce has become an important and necessary part of retailing around the world. A report by Statista says that 2.14 billion people will use eCommerce to...

Globalizing Your Fashion eCommerce Business

It’s not that hard to sell fashion items online locally. On the other hand, it is much harder to grow an online fashion store internationally. Once someone has a lot of success in their own area, it’s a given that they’ll want to look into expanding...

How to get ready for eCommerce’s popular days in 2023?

The times of year when most people buy things online are coming up again. Because of the Covid-19 pandemic and the sudden lockdowns around the world, 2022 was a very good year for eCommerce retailers. In other words, a lot more people went to their website, placed...

Strategies for Increasing Sales of Your Online Shop

With an expected 2.14 billion online buyers by 2023, eCommerce is one of the most popular verticals. The reach of technology and the way the world is right now have made the perfect storm for your new eCommerce store. Even in this environment, if you’re having...

Success stories in eCommerce to give you ideas

The eCommerce industry keeps growing at a very fast rate. Businesses and people are both trying to sell more online because they know how big the market could be. In the past year, the eCommerce industry has grown a lot, especially because of the Covid-19 pandemic....

How to Choose an Online Store Domain Name

On the world wide web, there are a lot of websites. To stand out, you’ll need to make sure your brand is unique and easy to remember, and that it fits your online business well. To put it another way, there are a few things that could change the way people see...