Category: E-Commerce

Every successful business owner knows that having a solid vision for their business is critical to generating sales and growing. While multiple other elements contribute to this growth, this ideation process, which involves laying out a roadmap for one’s business, can act as a foundation for one’s business.

Selling online is quite irresistible, considering the access to a global audience, reduced overheads, and countless automation opportunities. Running a successful online venture does not happen overnight. Success requires the right strategy, including choosing an ideal marketplace like Etsy. The strategy is critical, especially as you start selling, considering the stiff competition you’ll face.

All products need a particular code associated with them to track them properly. This universal number makes inventory management more efficient. That code is UPC, a Universal Product Code, which is a standardised 12-digit numeric code.

Running a successful business takes more than offering high-quality products. You need a reliable inventory management strategy to provide buyers with a great experience. You can lose notable customers if they must wait for you to replenish stock and deliver since you didn’t know you were running out. This is where the Stock Keeping Unit (SKU) comes in, making your inventory management more productive. Herein, we’ll look at the SKU definition, how it is formed, and its uses.

People’s definition of eCommerce is often limited to “selling online.” Not knowing the different variants that are present, they try to do everything to make their product prevalent in the virtual domain. However, their haphazard efforts often don’t yield results since they need to know they are playing with either one or both eCommerce techniques – horizontal and vertical eCommerce.