Forbes, August 6, 2014
The U.S. online retail sales are up 15% since last year, and are expected to hit $370B by the end of 2017. Technological advancements and changes in consumer behavior have created an unprecedented opportunity for new e-commerce companies. This is especially true with digitally savvy millennials, who will make up the majority of online consumers in the coming years.
Read more here.
Financial Times, May 29, 2013
In a hot and sweaty basement in Brighton, on the English south coast, visitors to The Great Escape music festival are attending a keynote address about how to “do it yourself” in the music industry. “You’ve got to think like a small business because that’s what you are,” singer-songwriter Billy Bragg tells his audience.
Mr Bragg, also famous for his political activism and his support for striking coalminers in the 1980s, might seem an unlikely entrepreneurial role model, but he recently started cutting out intermediaries in order to sell his music direct to the consumer. Now in his fourth decade touring and selling records, he has had to reinvent his business model to survive.
Content-creators, from musicians to authors, have the opportunity to sell their work themselves, with fast and effective digital tools for everything from ecommerce to promotion. Mr Bragg’s latest album Tooth & Nail , released in March, was launched in record stores and via Amazon, but he also encouraged fans to buy direct from his website by including a signed print of the album artwork.
Read the full article here.
May 15, 2013
It may seem logical that if your business doubles in size, the complexity of your logistics will grow at the same rate. Not true, says Software Thinktank.
“What is your process for filling customer orders?” the business management software company asked on its blog. “Do you send a warehouse worker out to dig under piles of unmarked boxes until the desired inventory items are located? Imagine multiplying the complexity of that process by two, three, etc., depending on how many warehouses you have.”
Logistics is an area of business that grows along with your company, but in a different way. Rather than becoming bigger, logistics becomes more complex. Here, we look at three ways in which this happens, and what businesses can do to grow their logistics in the best way possible.
Read the full article here.
Discover the stories behind startups’ successes because of outsourcing with a focus on Shipwire warehousing and product fulfillment.
Learn what is outsourced storage and fulfillment and discover how multiple warehousing is better at reducing costs for your business.
Nate Gilmore and Ina Steiner discuss the state of online order fulfillment, Shipwire’s new service offering and the future of eBay fulfillment.
Fox Small Business Center, June 22, 2010
As CEO, my job is to guide the company’s strategic direction. I make sure we have enough runway and staff to execute our plans. Sometimes I think the hardest part of the job is actually the hiring. Clearly, some hires are obvious; but, in today’s market that is often not the case. There are many options that can add confusion to the decision of when to hire. Today you can use a consultant, outsource a function, or develop internal employees to take on projects and functions beyond their basic skill set. However, this blog is about hiring and a follow-up to my “Build the Road” post last month. Here are a few tricks that I employ to hire my core leadership teams. | PDF version.