Returned goods represent a major irritation for the retailer. When the purchase amount must be paid back to the customer for returned goods, this runs your cash flow in the wrong direction; when goods are exchanged for replacements, this represents additional costs to you in the areas of inventory handling, accounting, and, if you are an e-merchandiser, the cost of … read more »
1973 Marvin Gaye…ok, I am an old guy. “Old School” as my daughter describes me. How am I going to tie Marvin Gaye into a blog post about ebay? Simple, have you been thinking of staring an ebay business, maybe for supplemental income? Lets get it on….really, nothing happens without action and effort. What is holding you back? If you … read more »
As our Country, and more specifically the Gulf Coast, braces for the clutches of Hurricane Gustav we can all agree that ‘we have been here before”. In fact, back in 2005 Hurricane Katrina claimed 1600 lives and caused over 44 billion dollars in property damage as reported by the ISO (Insurance Service office). Monday September the first: Nearly 2 million people … read more »
Shoplifting, coupled with employee theft accounts for 30% of all business failures. How do you curb theft in your store? An arresting development: 10 billion is the price tag to retailers each year for people intent on creating their own discounts by shoplifting! That’s according to National Crime Prevention Council, citing that 25% of those caught lifting the merchandise were … read more »
EBay is a great example of how supply-and-demand works because sales are based almost exclusively on price. The brick-and-mortar retailer can use advertising, customer loyalty promotions, and other inducements to buy – inducements not available to the online seller. The store-based retailer has expenses the eBay seller doesn’t face: advertising, rent, store maintenance, staff’s salaries, etc. The eBay retailer can … read more »
There are a lot of benefits to running a small business out of your home. However, if you’re operating as a retailer, there are a few reasons you’ll want to abstract your company from your home. There are obvious safety reasons for which you should limit the number of times you use your home address and and personal phone number … read more »
There are three major reasons to consider adding a blog to your site. Obviously, if you have an employee that would make a fantastic and enthusiastic advocate, their articles could drive new conversions. But even if you have to write the articles yourself, you can see some significant improvements in your organic search placement by simply writing a short article … read more »
When you start out in e-retail, you often begin where you are most familiar. Ebay, for example, is a powerful way to sell online, but takes a lot of work to keep up with listings, products, order fulfillment, and customer service. You can hire a team of programmers and consultants to develop a custom store and checkout, but that is … read more »
So you’re starting a retail website, and are looking to set upwholesale relationships with some manufacturers and distributors.There are going to be a few vendor relation hurdles you’ll need toovercome. Once you know what to expect, you can plan your productselection realistically, and manage your growth effectively. First: If you’re new, you won’t have many corporate credit references.That’s okay, but … read more »
Readers here at the TopTenWholesale Blog will be astounded today as I am about to unleash a cutting edge Top Eleven List offering ways to sell wholesale and liquidation merchandise. I know the advent of a top 11 list might be a “walk on the wild side”, but bear with me. Everyone loves the good ‘ole top 10 list including … read more »
