What is this Minimum Order Quantity? Have you always wondered why the hottest bars, clubs or restaurants levy a cover charge even before you start eating, drinking or dancing?...
Inventory turnover ratio helps you in evaluating how well the management is working in managing the inventory and generating sales from it. It is the measure of how quickly...
What is Inventory Forecasting? You must surely know the story of Goldilocks and the Three Bears? Wait, what has this got to do with inventory forecasting? The Goldilocks Principle...
How do I calculate wholesale prices?’ has become a major question for wholesale business entrepreneurs, or people switching from retail to wholesale businesses. The reason behind this is the...
At first sight, developing your wholesale brand seems to contradict everything that your wholesaling and distribution business stands for. Think about it for a minute. You’ve been dutifully supplying...
Why Are You Here? You’re an entrepreneur planning to open a new online business. Or you’re already running an online store. Stop for a while. Getting the right advice...
As a small business owner, you have a lot of things to juggle. Profitability and cash flow are always at the forefront of your mind. Plus you need to...
If you Google something like “how to get existing wholesale customers to buy more from you” you’ll get pages of results showing anything from 1 to 10 ways to...
When you’re in the e-commerce industry or entrepreneurship space, buzzwords like “drop shipping” and “Amazon FBA” just roll off your tongue. These two e-commerce business models have really taken...
You would have no doubt come across the “B2B” keyword being thrown about in the course of your wholesale or distribution business. And you might have shelved the thought...