What is an ASIN, Why Do I Need One, and How to Get It
If you’re a business that sells products in the ecommerce space and isn’t selling on Amazon, you’re...
9 Best Sites to Sell Used Items Online
Why Sell Used Stuff Online? In 2017, 40% of secondhand purchases happened on the web. According to the 2020 annual report for...
eBay Inventory Management Made Simple
It seems hard to believe, but eBay has been around for a quarter of a century. The online auction site has changed the way we...
Why, Where, and How to Sell Crafts and Handmade Items Online
We live in a strange, depersonalized era. We’ve coupled the radically accelerated robotization of manufacturing with the...
What is Cost Price and How to Calculate It
One of the biggest challenges companies face when launching new or revamped products is determining the right price to charge...
What is Demand Forecasting and How to Use It
Inventory management isn’t just about knowing how much stock you have on hand and how long it might sit in a warehouse....
Markup vs. Margin: How They’re Different and How to Calculate Them
Are gross margins merely the same as markups? It’s tempting to say yes—after all, both of these values refer to the...
How to Sell Clothes on Instagram
When the average person thinks of Instagram, they often think of filtered photos of fancy food and...
How Much Does a Shopify Store Cost to Open?
Want to become the next Jeff Bezos and conquer the ecommerce space? Then odds are you’re familiar with Shopify. Shopify...
How to Use the Retail Price Formula to Calculate Pricing
Price decisions directly impact a retailer’s profitability and competitiveness. Thus, pricing is one of the most important...
How Do Pre-orders Work for Ecommerce?
Unless you’ve spent the past two decades living under a rock, odds are you’ve had a company ask you if you wanted to...
Economic Order Quantity Formula: What It Is and How to Calculate It
No matter how lean of an operation a retailer might run, they’re always going to need to hold a certain amount of...
