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            Competitor Price Monitoring on Marketplaces with Digital Shelf Software

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            The Importance of Reverse Logistics and its Role in E-commerce
            Blogs

            The Importance of Reverse Logistics and its Role in E-commerce

            In 2023, the average return rate for e-commerce globally stood at 30% [1]. Generous return policies are driving up this trend– and while it is a boon for consumers– it ultimately presents a significant cost risk to you as a third-party logistics (3PL) provider managing multiple products and partners. Fortunately, by strategically streamlining your reverse logistics process, you will not only mitigate increased cost risks but also gain a competitive advantage and unlock new revenue opportunities. What is Reverse Logistics? Traditional logistics focuses on moving products forward from manufacturers to […]
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            5 Ways Brands Can Leverage Digital Shelf Software for an Effective E-commerce Strategy
            Blogs

            5 Ways Brands Can Leverage Digital Shelf Software for an Effective E-commerce Strategy

            According to Statista [1], global e-commerce sales are projected to surpass eight trillion dollars by 2027, putting pressure on brands to stand out in an oversaturated e-commerce industry. For brands that sell on various prominent marketplaces, such as Amazon, Shopee, or Lazada for instance, building a unique online presence is key to driving sales in a competitive category. Achieving this goal requires a strategic focus on your digital shelf. A digital shelf is a concept that represents your brand’s complete online presence. This includes brand reviews, pricing, images, and product […]
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            Competitor Price Monitoring Software -What is it and Why is it Powerful for E-commerce Brands
            Blogs

            Competitor Price Monitoring Software -What is it and Why is it Powerful for E-commerce Brands

            The increasingly competitive nature of the modern e-commerce landscape has pushed brands to stay vigilant of their product pricing in order to maintain a competitive edge. Pricing, a pivotal factor in consumer decision-making, is highly influential in capturing market share. The slightest misstep, such as overpricing or underpricing, can significantly impact profitability. According to McKinsey & Company [1], charging even 1% less than the optimal price for a product could forfeit roughly 8% of its potential operating profit. To strategically navigate today’s dynamic online marketplaces, your e-commerce brand must closely […]
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            Benefits of ERP Integrations in E-commerce
            Blogs

            Benefits of ERP Integrations in E-commerce

            The annual growth rate (CAGR) of the e-commerce market from the year 2014 to 2029 is expected to be 9.49%, resulting in a projected market volume of US$6,478.00 billion by 2029 [1]. To make the most of the growing e-commerce market, your brand, retail, or distribution business must focus on efficient order fulfillment and ensuring backend operations have a smooth accurate flow. In this blog, we will focus on the backend operations particularly those related to finance, inventory and supply chain operations, and staff management. Many e-commerce companies rely on […]
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            ERP vs. WMS: What’s the Difference?
            Blogs

            ERP vs. WMS: What’s the Difference?

            The global supply chain software market is expected to showcase an annual growth rate of 4.14%, leading to a market volume of US$ 24.58bn by 2029 [1]. To cope with this growth, building a solid operational framework is crucial for efficient warehouse management. To optimize warehouse operations and enhance supply chain efficiency, many 3PLs and retail brands in e-commerce have turned to software solutions. The right technology can empower organizations to improve customer experiences and drive business growth. As different companies have varying needs and goals, it’s important to leverage […]
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            ERP vs. WMS: What’s the Difference?
            Blogs

            ERP vs. WMS: What’s the Difference?

            The global supply chain software market is expected to showcase an annual growth rate of 4.14%, leading to a market volume of US$ 24.58bn by 2029 [1]. To cope with this growth, building a solid operational framework is crucial for efficient warehouse management. To optimize warehouse operations and enhance supply chain efficiency, many 3PLs and retail brands in e-commerce have turned to software solutions. The right technology can empower organizations to improve customer experiences and drive business growth. As different companies have varying needs and goals, it’s important to leverage […]
            More
            Examples of Penetration Pricing: Effective Strategies for Entering an E-commerce Marketplace
            Blogs

            Examples of Penetration Pricing: Effective Strategies for Entering an E-commerce Marketplace

            Across e-commerce marketplaces, it has become increasingly challenging for brands to stand out. Modern customers have countless options at their disposal, making it imperative for brands to differentiate themselves from competitors. Price, for instance, can be a highly effective tool to drive demand and influence user behavior. 83% [1] of consumers admit to comparing prices on various sites before making a final purchase decision. Implementing the right pricing can help brands properly convey value, fulfill consumer needs, and ultimately drive profitability [2]. A powerful pricing strategy to consider is penetration […]
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            9 Warehouse Management Challenges and How to Overcome Them
            Blogs

            9 Warehouse Management Challenges and How to Overcome Them

            Global e-commerce sales are exceeding US$6.3 trillion this year [1] alone. This figure is poised to see an even steeper uptick in the coming years, intensifying the need for third-party logistics (3PLs) providers with warehouses to manage inventory for brands, retailers, and distributors. As warehouse operations are a critical component [2] of the supply chain, inefficiencies can have major consequences such as disruptions in delivery, compromised safety, and potential financial losses. A 3PL market research report [3] revealed that poor customer service (62%) is the primary cause of failed partnerships, […]
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            What is Social Commerce and How Brands can Succeed at it
            Blogs

            What is Social Commerce and How Brands can Succeed at it

            Social media is influencing consumer buying behavior — so much so that social commerce revenues are forecast to skyrocket, surpassing USD$1 trillion by 2028 [1], up from over USD$570 billion in 2023 [2]. Social commerce refers to the practice of marketing and selling products and services directly through social media platforms. It has recently gained popularity among younger consumers who want a shopping experience that is engaging and beyond a mere business transaction. For brands that are looking to reach new audiences, boost engagement, and build online communities, a social […]
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            What Is Last Mile Delivery and How to Overcome its Challenges
            Blogs

            What Is Last Mile Delivery and How to Overcome its Challenges

            Today’s consumers demand frictionless shopping experiences, placing tremendous pressure on brands to optimize end-to-end operations. From the ease of order placement down to swift and affordable shipping, every stage of the supply chain must be taken into account for a seamless delivery experience. As same-day and next-day delivery become common options for online shopping, brands are expected to provide hassle-free delivery experiences at minimal cost. Without a strong process in place, sluggish delivery processes can lead to unsatisfied customers and poor brand reputation. A key component of a robust delivery […]
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