B2B ECommerce Evaluating Wholesale Ordering Solutions If you are looking at B2B e-commerce solutions, there are many aspects to consider. Here are five key considerations to bear in mind when evaluating a new system: 1. It must make ordering easier for your trade customers Okay, you would think this is a given, but it really isn&
Wholesale The Pros and Cons of Dropshipping (From The Supplier's Perspective) Dropshipping is where a retailer advertises your product for sale on their website, but doesn’t actually hold any stock. When orders are placed you send the product directly to the end customer. There are thousands of articles online about dropshipping written for the retailer, I wanted to examine it
Trade Show Tips Trade Show Tips - Evaluating Potential Web Stockists Assuming you are making and/or distributing the kind of product that sells online, you need to make sure you have thought through your policies on dealing with retail websites. The barrier to entry for setting up an e-commerce site is very low, and this means you will probably be
Exporting Customs Reauthorization Bill Opens Up International Trade for U.S. Businesses As of March 10 2016, after almost a decade of negotiating, the customs reauthorization bill has been brought into effect. Also known as the Trade Facilitation and Trade Enforcement Act of 2015, it is a fantastic development for U.S. businesses of all sizes. Going forward, we can expect Customs
Wholesale Wholesale Pricing Strategies In my Getting Started With Wholesale post, I answered some of the questions you might ask when thinking about wholesaling your products. I will now dig a little deeper into pricing strategies, and how you can use them to your advantage. Typically, the wholesale price of products is set at
Exporting Avoiding Crime and Corruption When Trading Internationally Well, doesn't this sound exciting? In this last instalment of my series on exporting, I'll be looking at the riskier side of international trade. Crime and corruption, and how you can protect your business. Fraud from organised crime is the number one threat to businesses trading
Exporting Red Tape and Taxes - How To Lessen The Effects of Bureaucracy When Trading Internationally In the third part of my exporting series, I am looking at the challenges small businesses face from red tape (bureaucracy) and taxation. Red tape can really stifle growth, both on a domestic and international level. Bureaucracy causes businesses to spend time on compliance and paperwork rather than innovation and
Exporting How To Protect Your Business From Currency Risks When Trading Internationally My previous post explored the benefits of exporting for small businesses. This time I am looking at the potential pitfalls of dealing with international currencies and how to guard your company from them as best you can. Dealing with another currency can be pretty nerve-wracking as currencies fluctuate, and can
Business Six Benefits of Exporting for Small Businesses Many small businesses would not consider themselves as exporters, but in actual fact they often are, albeit on a small scale. Over the coming weeks I will be exploring the world of international trade. We will talk about some of the benefits first, and then break down some of the
Stock Cost Efficient Ways Of Organising Your Stock Room For many small businesses that hold their own stock, storage of inventory can seem daunting to begin with. There are so many options out there, and a lot of them require investment. If you are just setting up a stock room or small warehouse, chances are you have recently moved
Business New Year, Fresh Start There is something very refreshing about starting a new year. It feels like a chance to reflect; to do things differently and make improvements. When you run a business, the personal and the professional reflections often intertwine, and rightly so. This is a great time to really think about the
