Reading Time: 4 minutesProduct sourcing is akin to going on a shopping spree for your business, involving finding and selecting suppliers for the goods you want to sell. However, the process is not that simple. You need to consider many…
Reading Time: 3 minutesWhat is Product: Definitions, Types, Key Elements What is product? It simply refers to a tangible product, service, or concept developed to meet a specific customer need. In this blog post, we will discuss on their definition,…
Reading Time: 4 minutesUnderstand customer needs is the secret sauce for business. So, when we say “customer“, we’re talking about someone who buys something from a business. This could be anything from a physical product like a book or a…
Reading Time: 3 minutesAt its core, creating value in business and exchanging it for profit. It’s a universal process that drives our economy and touches our lives in so many ways. Think about it – every time you buy something…
Reading Time: 6 minutesIn the ever-evolving landscape of e-commerce, businesses face the challenges of crafting a multi-channel pricing strategy to extract the maximum RoI. In an era of dynamic pricing, sellers will face new challenges and opportunities in selling across…
Reading Time: 5 minutesMulti-channel inventory management includes monitoring and managing inventory from various sales channels, including multiple marketplaces like eBay, Amazon, Etsy, Flipkart, own website, and social media platforms. Each of these channels offers businesses unique opportunities to connect with…
Reading Time: 5 minutesMulti-channel e-commerce is the process of selling physical products or services through different channels simultaneously, such as websites, mobile apps, social media platforms, and digital marketplaces like Amazon, eBay, Etsy etc. This article’s main goal is to examine…
Reading Time: 6 minutesAs the name suggests, multichannel ecommerce refers to the use of multiple channels or platforms to sell products or services online. These channels can include a company’s own website, as well as third-party marketplaces like Amazon, eBay,…
Reading Time: 6 minutesSingle channel selling was a common way to get by or make it as an ecommerce brand several years ago, it is not going to cut today if you have big growth ambitions. Selling on a single…