Remove Course Remove eCommerce Remove Study
article thumbnail

Importance of Social Proof in Ecommerce

Ship Monk

What can ecommerce businesses do to leverage this power? That, in a nutshell, is why ecommerce businesses cannot afford to ignore the importance of social proof. Of course, sometimes following the herd can lead us astray. Conformity bias is what makes the fashion industry tick, and many ecommerce businesses benefit from it.

eCommerce 105
article thumbnail

Top eCommerce Trends in 2021

Ship Monk

While the end of COVID-19 is (hopefully) near, its effects will have an enduring presence on the retail landscape and, subsequently, this year’s eCommerce trends. YoY growth from 2019, it’s safe to say that eCommerce sales have absolutely skyrocketed, essentially jumpstarting the industry by nearly two years. Stiff Competition.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Maximize Ecommerce Supplier Relationships

Ship Monk

Whether your business is a small ecommerce startup or a big box retailer, the benefits of supplier relationship management are the same. Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. If so, it might be worth paying a little more for their goods. We’re here to help!

article thumbnail

Which eCommerce Business Model Is Right for You?

Ship Monk

They say labels are for soup cans, but, when it comes to running an eCommerce company, it’s important to know where your business model falls under. eCommerce Business Classifications. When people think of eCommerce, they’re often thinking about the D2C, or direct-to-consumer, approach. eCommerce Business Models.

article thumbnail

How to be an Eco-Friendly Ecommerce Brand

Ship Monk

Which means in the world of ecommerce business, entrepreneurs may feel torn between making eco-friendly decisions and strategic business ones. The good news is that you can stick that stigma where the sun don’t shine because there are plenty of ways to run a profitable eco-friendly ecommerce brand. What is Sustainable Ecommerce?

article thumbnail

Demand Forecasting: How It Enhances Ecommerce Operations

Ship Monk

As the holiday shopping season reaches its peak, ecommerce business owners everywhere are crossing their fingers, hoping they have enough product in stock and that they didn’t order too much. In truth, demand forecasting, or estimating how much product you’ll sell in the future, is one of the toughest challenges for any ecommerce business.

eCommerce 105
article thumbnail

Benefits of Working with a Technology-Forward 3PL Fulfillment Company

Ship Monk

In order to keep up with growing eCommerce orders, follow through on the promise of speedy shipping, adapt to the globalization of supply chains, and adjust for labor shortages that can affect all three, 3PL technology is vital. . Continue reading to get the FYI on AMRs, and the benefits they bring to your eCommerce business.