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Minimum Order Quantity (MOQ) is one of the first things that must be considered when comparing potential suppliers. Forming partnerships with suppliers that have MOQs that work for your business can result in optimized inventory, cost-savings, better supplier relationships, and increased customer satisfaction. Not taking MOQ into account, on the other hand, might mean contractually agreeing to buy more than you’re able to afford, store, or manage. This article will explore the concept in depth, discussing what it means and how to ensure it helps rather than hinders your ecommerce growth. #MOQ #MinimumOrderQuantity #Ecommerce #InventoryManagement #Shipfusion

With over 5.2 million stores worldwide, there’s no doubting Shopify’s dominance as an ecommerce platform. But which of the three main Shopify fulfillment strategies – Shopify Fulfillment Network, third-party logistics (3PL) companies, and in-house fulfillment – is the best option for your ecommerce business? This Shopify fulfillment guide will help you fairly consider the pros, cons, and special considerations associated with the most popular Shopify fulfillment solutions available today. #Ecommerce #ShopifyFulfillment #EcommerceFulfillment #Shipfusion

As an ecommerce business owner, you want to make the buying journey as easy as possible, but there are always going to be some factors that are out of your control – such as the state of the economy. While you may not have power over the economy, you can make hitting that ‘Buy’ button easier with customer financing, often called Buy Now, Pay Later (BNPL). This article explains alternative payment in ecommerce, the benefits of introducing a buy now pay later alternative, and how to set up financing for your customers. #BNPL #BuyNowPayLater #Ecommerce #Shipfusion

When it comes to ecommerce, first impressions matter. Research shows that users form an opinion about a website within milliseconds of landing on it. Why let all the hard work you’ve put into your brand go to waste so quickly, or at all, for that matter? Products can be great, but getting people to purchase them requires a compelling landing page. This article will help you supercharge your conversion rate success with a comprehensive breakdown of landing page best practices, tips, and strategies geared specifically toward ecommerce stores. #Ecommerce #Fulfillment #EcommerceMarketing #LandingPages #Shipfusion

If your ecommerce business is making big moves and experiencing an increase in order volume, it’s going to require freight shipping to move large amounts of inventory. With freight comes the need to learn about NMFC codes and freight classes – what they’re for, how their classification system works, and how they relate to specific commodities. Beyond a mere technicality, proper NMFC code and LTL freight class designation can impact everything from financials to order timeliness. This article will explain it in detail, laying out the fundamentals of NMFC codes and freight classes so you can apply them in the most cost-effective, safe, and accurate way possible. #Ecommerce #Logistics #Freightshipping #Shipfusion

55.5 million – that’s the number of people who made a purchase on TikTok Shop in 2023. With its popularity only set to grow, ecommerce businesses have every reason to prioritize TikTok shipping and fulfillment going forward. Like with other sales channels, fulfillment and shipping play a massive role in everything from customer satisfaction to brand reputation to repeat sales. This article weighs everything to consider in the big decision all TikTok Shop sellers face today: choosing between TikTok Shipping vs Seller Shipping vs Fulfilled by TikTok (FBT). Keep reading as we compare these options in terms of cost, scope, flexibility, customer service, and more. #TikTokShop #TikTokEcommerce #TikTokShipping #Shipfusion

Finding a third party logistics (3PL) company is easy; finding a great one, however, is where the challenge lies. With a market saturated with logistics providers all claiming themselves as the 'best 3PL company,' it’s no wonder ecommerce business owners can feel overwhelmed. The stakes are high – order fulfillment speed and accuracy directly impact your success, and you don't want to discover who's reliable and who isn't through costly trial and error. That's why we've curated this comprehensive list of the best 3PL companies in North America. We'll give you the inside scoop on who excels, where, and why, so you can make an informed decision with confidence. #Best3PL #ThirdPartyLogistics #Ecommerce #Fulfillment #Shipfusion https://hubs.ly/Q02FtvT_0

With the potential to influence everything from profit to liability, inventory calculations hold a lot of weight for ecommerce businesses. Yet understanding the nuances behind each formula isn’t easy. It’s one thing to know what Cost of Goods Sold (COGS) means and another to know how to calculate COGS in the most effective and accurate way possible. This article will give you a crash course on COGS, how it’s used, and how to calculate COGS as an ecommerce business. #COGS #CostOfGoodsSold #InventoryManagement #Ecommerce #Shipfusion https://hubs.ly/Q02Ft96Y0

Expanding into international ecommerce markets is exciting, but it also means having to handle customs clearance, route optimization, and regulatory compliance on their own. For a growing ecommerce business that isn’t sure where to start when navigating these responsibilities, outsourcing to a freight forwarding company might just be the best solution. If you’re wondering ‘What is freight forwarding?’ or are unsure of what it looks like in action, keep reading. This article explains what freight forwarding is and the specific services that freight forwarding companies offer so you can determine the best shipping solution for your growing ecommerce business. #FreightForwarding #FreightShipping #Logistics #Ecommerce #Shipfusion https://hubs.ly/Q02FtrNt0

Inventory management has the power to impact everything from operational costs to customer satisfaction. Opting to handle it in-house means being fully responsible for the results and how well they’re achieved. That’s great for total control over stock levels, but it can also be risky. Businesses without the expertise or technology to manage inventory in an efficient and cost-effective way often consider Vendor Managed Inventory as a potential alternative. In this article, we discuss what the vendor managed inventory model is, how it works, and when using it makes the most sense. #VendorManagedInventory #InventoryManagement #Ecommerce #Logistics #Shipfusion https://hubs.ly/Q02FtvB30