Business Tips
We’ve listed some handy tips and tricks to get started with DEAR for your business.
How Consignment Inventory Works and How to Make It Work for You
Do you ever wish you could try out a new product in your retail store and not have to buy it unless you sell it? Or, wouldn’t it be nice to easily get your new product onto a retailer's shelves without much hassle...
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Just-In-Time Inventory: How to Reap Big Rewards with Lean Production
Just-in-time (JIT) inventory was developed in post-world war II Japan when the country had few resources, little money, and high unemployment. It helped Toyota become one of the dominant car manufacturers in the...
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Rate of Inventory Turnover: What It Is, What it Means, and How to Improve It
Your rate of inventory turnover is a key metric to understand if you want to optimize your cash flow, working capital, and inventory costs. By calculating your rate of inventory turnover, you’ll have a better...
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5 Ways to Increase Engagement and Boost Social Media Sales
Social media is like the cocktail party of ecommerce: ultimately, your job is to be the most entertaining and interesting host possible. Your friends and fans will enjoy hanging out and engaging in...
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What is Working Capital and Why Does it Matter?
Working Capital is an important financial metric for understanding your company's operating liquidity (the ability to convert your assets into cash for the purpose of paying the bills). Knowing your amount of...
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Amazon Seller Central vs Vendor Central: How to Choose
While the ecommerce landscape ebbs and flows there remains one constant we can’t escape (for now): Amazon is the single most important platform you can be selling through if you want to stay competitive and...
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10 Fundamental Steps of Every Successful Stocktaking Process
Performing a complete stocktake once or twice a year is absolutely essential for maintaining healthy inventory levels and minimizing losses in retail and wholesale businesses (not to mention keeping the...
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5 Proven Ways to Stop Shopping Cart Abandonment
Did you know 69% of online shoppers completely abandon their shopping carts before making a purchase? That’s what the research says according to usability firm Baymard Institute. Think about it like this: Say 10...
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Inventory Reduction: Grow Your Bottom Line Through Better Operations
Large volumes of inventory don’t just lead to more management headaches - they can cut into your profits as well. Of course, you don’t want to have too little inventory and risk losing sales through stock...
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3PL Providers Can Make Your Business More Profitable
3rd party logistics or 3PL services are rapidly becoming a crucial asset to businesses who want to be more efficient and productive by focusing on their core competencies. A 2016 study revealed that 70% of...
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Use Product Bundling to Grow Your Profits
Growing a business means growing sales, which can be done a few ways. A couple of go-to strategies include finding more customers and increasing your average order size. Wouldn’t it be nice if you could do both...
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10 Tips to Thrive with Online Wholesale
Thinking about expanding your business by getting into online wholesale? It can be a scary and stressful venture at first. The downside is that selling wholesale online requires a bit more knowledge and up-front...
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7 Online B2B Marketplaces to Grow Your Wholesale Business
As with just about every type of business, the combination of the internet and other technologies has made it easier than ever to start and/or grow a wholesale business. And whether you’re a manufacturer looking...
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8 Ways Cloud-Based Inventory Management Saves You Time and Money
Let’s be honest: all-night stocktake blitzes and over complicated excel spreadsheets are painful to use, unnecessarily labor intensive, and incredibly outdated. Why torture yourself and your team when there...
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B2B SEO: Grow Your Traffic with These 10 Tips for Ecommerce Sites
Are you a driven business owner looking to take over your market through an automated sales funnel? If so, Search Engine Optimization is critical. Like SEO in general, B2B SEO is essentially it’s a combination of...
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