Shipwire in the News

Increase Margins by Carrying Inventory in Your Dropship Business

Rebel CEO, December 18, 2014

In my consulting practice, I often work with entrepreneurs who own dropship e-commerce stores and are struggling to expand. Dropshipping as a business model is getting harder and harder – margins are compressing, niches are getting crowded, and everyone is in a brutal price war with Amazon. As a result, many dropshippers are finding it increasingly difficult to grow top-line revenue, and are looking for ways to grow the bottom-line instead by expanding margins.

One of the best ways for a dropshipping business to expand margins is to do the one thing they’re all scared to do – take on inventory. Although it seems scary, taking on inventory is actually one of the easiest and lowest risk ways to make more profit quickly. In this post, I’ll break down some of the reasons why carrying inventory is a no-brainer home run for most established dropshippers:

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Take a Look at Shipwire’s Sunnyvale Offices

Officelovin, December 15, 2014

Ecommerce order fulfillment service Shipwire reached out to RMW architecture & interiors to design a new headquarters in Sunnyvale, California.

“Individual benched workstations are paired with glass-enclosed meeting spaces to keep things light and airy. Shipwire’s employees like to meet spontaneously, a work style that’s supported by lots of whiteboard surfaces and a variety of collaborative spaces. The interior finishes are honest and simple, with touches of color that glow beneath the 43 skylights. The employee break room opens onto a back patio with bocce ball and raised-bed vegetable gardens. For a forward-thinking tech company, this interior build-out is the whole package”, said RMW architecture & interior

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A high tech firm scores a Net Zero Energy office that supports countless ways to collaborate.

RMW architecture & interiors, December 10, 2014

There is a difference between having a big reach and having a big footprint. Shipwire designs software that aligns worldwide shipping logistics, so naturally the company has a far-reaching perspective when it comes to workplace sustainability and flexibility. When they leased the RMW-designed Net Zero Energy-retrofit office building at 435 Indio Way, Sunnyvale, Shipwire signed on for a highly sustainable interior build-out, and RMW delivered.

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The race to get products under the Christmas tree from Kickstarter-backed projects

StartupSmart, December 5, 2014

The challenges for Kickstarter-backed hardware startups don’t end once you’ve raised the money.

Microbrics’ managing director Brenton O’Brien, who is beginning to ship his LEGO-compatible Edison robots after a successful crowdfunding campaign on Kickstarter, has the extra pressure of getting his product out in time for Christmas.

“We’ve been dealing with the issues of getting products out to customers and stock into the distribution centre,” O’Brien says. “We’re a little behind where we’d like to be, but because a lot of people ordered these as Christmas presents and we don’t want to disappoint anyone, we’re working really hard to get these out before Christmas.”

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5 Tips For Food Companies Preparing To Equity Crowdfund

Linkedin, October 20, 2014

I have been asked by many of my colleagues for a simple checklist on how to prepare a food company to do an equity crowdfunding raise. Here are five tips specifically tailored for consumer packaged goods’ companies.

1. Prepare your Company to Offer Shares and Gain Outside Shareholders:

The first step is to hire an outside accounting firm and prepare financial statements for the last couple of years of operations. The second step is to hire a securities lawyer to draft a proper shareholders agreement, which will contemplate how to operate the company after the offering, and what rights new shareholders will have in the Company. Your attorney should also help in preparing some form of offering document, as well as a subscription agreement through which investors will purchase their shares in the company. If you expect to gain many new shareholders, you should also consider engaging the services of a company to manage your investor communications, and information sharing pre-and post-offering, as well as a transfer agent to handle the shareholder registry in book-entry form rather than having the Company issue and manage physical share certificates itself.

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5 Reasons Why Australia Should Be Your Business’s Next Frontier

Yahoo!, October 15, 2014

At first glance, Australia might not look like an ecommerce paradise. It is far away and sparsely populated, but that is exactly the point — these conditions have actually enhanced Australians’ appreciation for online shopping and shipping. Add to that the fact that the country boasts the world’s fastest-growing ecommerce market, and you can see why Australia offers a prime market for ecommerce businesses. New ecommerce resources, too, make the market increasingly accessible, so Australian ecommerce is not only possible, but profitable.

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4 Ways to Take Advantage of Australia’s Looming Ecommerce Eruption

Yahoo!, October 15, 2014

It’s clear by now: Australian ecommerce is about to break out onto the mainstream. But it might be less clear how exactly to take advantage of the fastest-growing ecommerce shopping market.

It doesn’t have to be difficult to establish a foothold in Australia and capitalize on its rapid growth. The principles for satisfying customers that you’ve been employing all along are just as relevant to Australian consumers. Below, find out how to apply them to this specific market by taking advantage of the country’s favorable trends.

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