Best Selling Handmade Items for 2021

Okay, it’s 2021. The worst of COVID is (hopefully) behind us. Yet, a lot of us still find ourselves homebound and with some...

Best Stores for Retail Arbitrage Product Sourcing

What is Retail Arbitrage? Retail arbitrage is an ecommerce business model centered around buying inventory at a discount from...

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...

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 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...

What is the Retail Inventory Method and How To Use It

Inventory investment accounts for at least a third of retail’s total assets—and industrywide that investment is...

How to Price Wholesale Inventory Accurately

One of the most common questions in the world of sales is, “How do I calculate the right price?” This is particularly...

3 Wholesale Pricing Formulas To Use Right Now

Calculating prices can be a challenge for any business, but things can become even trickier when you’re selling items or...

Inventory Management Strategies for a Retail Clothing Store

Fashion retail is a glamorous business – but it’s still a business and you have to treat it like one. That means focusing...

Choosing the Best Ecommerce Platform for Wholesalers

The line between B2C and B2B businesses have blurred with the advent of online shopping. Just like...