No Christmas cheer for fashion firms in never-ending sales

چهارشنبه 28 آذر 1397
13:51
lulu

Clothing wholesale usa retailers have felt a pre-Christmas chill slicing through their margins as they try to lure shoppers to spend rather than hold off in anticipation of ever-bigger price cuts.

This has left investors worried whether recent profit warnings, which have spread to online players such as British online store ASOS (ASOS.L) from bricks-and-mortar retailers, may be a taste of the future by offering gildan t shirts wholesale.

Monday’s warning from ASOS, a high-fashion, online-only player seen as better placed than most to weather shopper fatigue, raised concerns about weakening consumer strength globally and even hit shares in internet retail giant Amazon (AMZN.O).

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“We have seen in fashion an unprecedented amount of discounting, certainly not something I’ve seen before, and that’s been across the board,” ASOS Chief Executive Nick Beighton told analysts.

“Whether this is a high street or an online issue isn’t relevant right now; what is, is the underlying fragility of the customer,” Beighton added.

While online retailing has made shoppers more savvy, comparing prices and trawling more widely for discounts, factors ranging from street demonstrations in Paris to unseasonable weather have been blamed for a reluctance to buy new clothes.

FILE PHOTO: Buskers play outside a Gap store advertising wholesale baby boutique clothing a pre-Christmas sale on Oxford Street in London, Britain, December 18, 2018. REUTERS/Toby Melville/File Photo

Fashion chains including Primark (ABF.L), Superdry (SDRY.L) and Italy’s low-cost OVS (OVS.MI) have all warned of weak sales in the crucial run-up to Christmas. And while Zara owner Inditex (ITX.MC) resisted discounting high quality wholesale clothing, it reported disappointing sales of best wholesale clothing.

“Customer behavior is becoming more and more difficult to predict,” Stefano Beraldo, chief executive officer at OVS, said last week after an 11 percent drop in same-store sales.

SHOPPING AROUND

Most retailers have responded by expanding their traditional summer and new year sales to year-round promotions, even in the crucial Christmas period when they have previously counted on shifting stock at full price.

“Discounting has been building for a number of years and has gone hand-in-hand with the rise of online gift bags wholesale,” said Samantha Dover, senior retail analyst at market research firm Mintel, said.

A walk down a British high street shows Gap children’s jumpers at half price, women’s leather boots reduced by 40 percent at Hobbs and a half-price Laura Ashley wool-mix coat.

“I saw the ‘sale’ sign and I came in,” said 54-year-old investment banker Kez, rifling through a bargain rail at affordable fashion chain Top Shop in London’s Canary Wharf financial district.

She said she was always attracted to a bargain and would “definitely” compare prices online before buying, although if she needed an item she would buy it at full price.

Slideshow (2 Images)Deloitte says consumers in Britain are enjoying record pre-Christmas price cuts, with discounts at an average of 43.6 percent and likely to hit a new record by Christmas Eve.

The consultancy expects the number of sale days at British retailers to be as many as 38 this year, six more than 2012. Research by Mintel shows almost half of British consumers have delayed buying clothing to see if it goes on promotion.

At upmarket fashion chain Reiss, banker Daniel Radford, 45, said he wouldn’t shop just anywhere for a bargain but “depending on the brand, it can be important”.

“Sales are happening all the time now,” he said, adding that in the case of a big-ticket item he would wait for it to be discounted.

Growth fears, Xi speech, grip world stocks ahead of Fed meetingPromotional activities like Black Friday have meant shoppers expect discounts earlier in the season, while they can also shop around more easily and compare prices.

“People are going to buy where the discounts are and then that hits margins across the board,” said Maureen Hinton, global retail research director at GlobalData.

SURVIVAL OF THE QUICKEST

Some clothing retailers have adapted better than others to changing shopping habits - Inditex has set the pace with its tight control of inventory, meaning it is able to leverage its network of stores and online apps to sell items at full price.

H&M, however, has had to mark down prices as it failed to react quickly to demand swings, some of which have resulted from changing weather patterns or increasingly fickle tastes driven by a growing army of online influencers setting trends.

Another factor in the mix this autumn has been country-specific troubles such as political unrest in France and fears about Britain leaving the European Union which have kept shoppers at home, leaving piles of unsold clothing.

The French retail federation has estimated stores have lost at least 1 billion euros as a result of four weeks of ‘yellow vest’ protests in France.

And German retailers have been disappointed by Christmas sales so far, the German Retail Association said, capping off a weak 2018.

“We had a year of soft trading in Germany,” George Garfield Weston, CEO of Primark owner AB Foods (ABF.L), said last month. German retailers including Zalando (ZALG.DE) and Metro (B4B.DE), like others in northern Europe, have blamed unseasonable weather for weak demand.


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Ted Baker revenue hit by lower wholesale sales

پنجشنبه 15 آذر 1397
13:17
lulu


UK retailer Ted Baker posted a slight decline in group revenue for the 16-week period between August and December as lower wholesale sales overshadowed retail sales growth.

The fashion chain also said it had appointed a law firm to conduct an independent external investigation regarding claims against its chief executive officer and founder Ray Kelvin relating to his habit of hugging business colleagues.

Analysts said the company's marker as a global lifestyle brand leaves it far better placed than most in the more challenging retail space that currently persists.

Ted Baker, which operates 544 stores, concessions and outlets worldwide, had been focusing on its fast-growing online and wholesale children clothing uk businesses to counter retail sluggishness as consumers clamp down on spending.

Group revenue fell 0.2% for the 16-week period from August 11 to December 1.

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However, wholesale sales fell by 6.5% due to the earlier timing of deliveries in the first half of the year.

Total retail sales including wholesale toys uk e-commerce rose by 2.3%.

In the UK, Europe and the East Coast of America, trade was hurt by the unseasonal weather at the start of the period, Ted Baker said.

"Trading in the UK dropshipment continues to be impacted by the well-publicised challenges facing some of our trading partners," it added.

A senior Ted Baker non-executive director will lead a “professional, impartial” and swift investigation into allegations that the company’s founder and chief executive, Ray Kelvin, forced hugs and kisses on employees.

Sharon Baylay, a former BBC Worldwide and Microsoft executive who joined Ted Baker’s board this summer, has been appointed to lead a “thorough and urgent” independent inquiry into Kelvin’s alleged behaviour. The Guardian understands that the law firm Herbert Smith Freehills has been appointed to carry out the inquiry.

David Bernstein, Ted Baker’s chairman, told the BBC that Baylay’s investigation would be “professional, impartial and move at pace”. The homeware wholesalers uk said it would provide more details soon. The firm is due to update shareholders on the company’s performance on Thursday.

The allegations, which include “forced hugging”, making “sexual innuendos” and “stroking people’s necks”, has resulted in the company’s share price falling by more than a fifth since the Observer published the claims on Sunday.

The collapse in the share price has wiped about £70m off Kelvin’s fortune, as he owns 35% of the company he founded in 1987. The shares fell sharply on Monday and Tuesday, but rebounded by more than 3% on Wednesday.

Kelvin was ranked as the 244th-wealthiest person in the Sunday Times 2018 rich list with a £522m fortune.

Fresh allegations were made against Kelvin on Wednesday, including a claimthat he shoved an executive against the wall of a glass meeting room after not being invited to part of the employee’s wedding. The incident is said to have been witnessed by three people.

In response to the shoving allegation, the company said: “We do not believe these reports are reflective of the organisation we have all worked hard to develop over the last 30 years. We are, though, taking them very seriously.”

Analysts at HSBC downgraded the company’s shares from buy to hold, warning that “uncertainty over leadership distracts from the core investment case” and there was “limited visibility as to when this will be resolved”. The City broker Stifel Financial also downgraded its rating on the stock from buy to hold, warning negative publicity could be particularly damaging to womenswear sales in the run-up to Christmas.

In a statement released in response to the original allegations on Monday, the ecommerce drop shipping company said: “Ray, and the company’s leadership, have always prided themselves on Ted Baker being a great employer and business to work with. Accordingly, they and the board take these concerns very seriously and the board has directed a thorough and urgent independent external investigation is carried out into these matters.”

The company said it would ensure the “views and concerns” that emerged from the investigation were “recognised and carefully considered and that appropriate responses are taken forward”.


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The Importance Of Digital Marketing

پنجشنبه 24 آبان 1397
11:23
lulu

Use Real Results And ROI To Communicate The Importance Of Digital Marketing

Early in my career, I worked in an office for a 100-year-old company that had made its name using print marketing and telemarketing as its staple marketing strategies. In our conversations about marketing, my boss readily acknowledged that the CAN-SPAM Act had killed their telemarketing efforts. He also agreed that the company’s print marketing efforts weren’t worth the paper they were printed on. Yet, he didn’t know how to switch up his marketing strategies to keep the long-standing company growing.

In checking out the company’s website, it was easy to see that it consisted of a boring, static page with a generic contact form. While the problems with the company’s marketing strategy were crystal clear to me, as a young, new employee, I struggled to identify the best way to approach my boss on how digital marketing strategies could give his treasured family wholesale indian hair business a boost in lead generation.

One day, he told me he was in the market to hire someone to paint his house. Aha! I took this as an opportunity to demonstrate how a digital marketing strategy would lead him to a quality painter. I asked him where he started his search. He told me he did an internet search for “house painter” along with the name of his town.

I asked him, “If you searched for your company the same way, would you find your company online?” We went to the computer together and searched for the type of business and town. Our search indicated that at least four similar companies ranked higher in the search than his century-old business. Without making him feel small or inadequate, I was able to demonstrate that similar companies were successfully using digital strategies to gain an edge on the competition.

Approaching Digital Marketing Isn’t Always Easy For Business Owners

According to a report by Infusionsoft, nearly one in five businesses didn’t plan to use any digital marketing tactics in 2017. While 31% of small businesses said that increasing sales was their top priority, many agreed that their biggest challenge was finding time and resources to dedicate to marketing.

Most business owners have heard about digital marketing. The challenge is that many don’t understand how it works or how to apply it to their businesses. The reality is that businesses that are afraid to move in a new direction are missing opportunities for brand awareness. Competitors that are getting their feet wet with technology will quickly move ahead.

As it turned out, a simple conversation about house painting opened the door to a bigger conversation about how consumer buying behavior has changed in predictable ways. Using the knowledge I had about my new boss and his business, I steered the conversation around terms I’d heard him use at the office. I knew that digital marketing was somewhat of a foreign concept for him, so I kept the conversation relatable by incorporating terms like “the gold standard” and “unmatched personal service.”

Identifying The Right Strategies

My boss knew his target market: owners of million-dollar homes and people with high net worth. From there, it was a matter of demonstrating how different digital marketing strategies, such as search engine optimization (SEO), pay per click (PPC) and email marketing could increase site traffic, site time and brand recognition.

Now that I’d set the stage for him to see that he could boost sales by trying some digital marketing strategies, I decided to give a few suggestions for a couple of projects to try and offered to measure the results. I educated him on how we could measure things like conversion rate, cost per lead, revenue per lead and total revenue from digital marketing.

We worked together to set some goals based on existing sales data and devised an inbound digital strategy that aligned with our return on investment (ROI) projections. We also decided to try a weekly blog article to help drive customers to the website. As these initial digital marketing strategies proved successful, we built on those successes and added a couple more strategies. And over time, the company’s website ranking surpassed its competitors.

A Few Tips On Getting Approval For Your Digital Marketing Strategy

It is important for every dropship malaysia business to implement a digital marketing strategy as soon as possible. Identifying your buyer persona(s) and mapping out your buyer journey can help you to create a custom strategy that focuses on the client. Make sure you create an outstanding presentation with relevant data before you propose your digital marketing ideas. When researching, be sure to:

• Compare competitors’ websites.

• Compare competitors’ Google reviews and visibility (Google My Business).

• Compare competitors’ social media presence and engagement.

• Subscribe to a couple of competitors’ emails, and show your CEO or stakeholders what others and doing.

When I want to propose new ideas, I always do my homework. I conduct in-depth research, and I back up all I say with data. In this case, data from competitors includes organic traffic, social media followers, etc. And I prepare a branded presentation with FAQs at the end in order to cover any doubt.

I encourage you to do it in this way to get the approval so you can start creating and implementing results -- driving strategy.

Communicating The Importance Of Digital Marketing For Long-Term Success

Where is your company’s marketing plan in relation to the goals of your company? If your company already has a digital marketing plan, it may be time to convince your boss that by investing more in digital marketing, you can take your efforts to the next level and increase profitability. If you work at a company that doesn’t have a formal marketing strategy at all, convincing your boss to take some small steps in digital marketing can yield big payoffs.


برچسب ها: marketing , business , wholesale ,
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]

The Importance Of Digital Marketing

پنجشنبه 24 آبان 1397
11:23
lulu

Use Real Results And ROI To Communicate The Importance Of Digital Marketing

Early in my career, I worked in an office for a 100-year-old company that had made its name using print marketing and telemarketing as its staple marketing strategies. In our conversations about marketing, my boss readily acknowledged that the CAN-SPAM Act had killed their telemarketing efforts. He also agreed that the company’s print marketing efforts weren’t worth the paper they were printed on. Yet, he didn’t know how to switch up his marketing strategies to keep the long-standing company growing.

In checking out the company’s website, it was easy to see that it consisted of a boring, static page with a generic contact form. While the problems with the company’s marketing strategy were crystal clear to me, as a young, new employee, I struggled to identify the best way to approach my boss on how digital marketing strategies could give his treasured family wholesale indian hair business a boost in lead generation.

One day, he told me he was in the market to hire someone to paint his house. Aha! I took this as an opportunity to demonstrate how a digital marketing strategy would lead him to a quality painter. I asked him where he started his search. He told me he did an internet search for “house painter” along with the name of his town.

I asked him, “If you searched for your company the same way, would you find your company online?” We went to the computer together and searched for the type of business and town. Our search indicated that at least four similar companies ranked higher in the search than his century-old business. Without making him feel small or inadequate, I was able to demonstrate that similar companies were successfully using digital strategies to gain an edge on the competition.

Approaching Digital Marketing Isn’t Always Easy For Business Owners

According to a report by Infusionsoft, nearly one in five businesses didn’t plan to use any digital marketing tactics in 2017. While 31% of small businesses said that increasing sales was their top priority, many agreed that their biggest challenge was finding time and resources to dedicate to marketing.

Most business owners have heard about digital marketing. The challenge is that many don’t understand how it works or how to apply it to their businesses. The reality is that businesses that are afraid to move in a new direction are missing opportunities for brand awareness. Competitors that are getting their feet wet with technology will quickly move ahead.

As it turned out, a simple conversation about house painting opened the door to a bigger conversation about how consumer buying behavior has changed in predictable ways. Using the knowledge I had about my new boss and his business, I steered the conversation around terms I’d heard him use at the office. I knew that digital marketing was somewhat of a foreign concept for him, so I kept the conversation relatable by incorporating terms like “the gold standard” and “unmatched personal service.”

Identifying The Right Strategies

My boss knew his target market: owners of million-dollar homes and people with high net worth. From there, it was a matter of demonstrating how different digital marketing strategies, such as search engine optimization (SEO), pay per click (PPC) and email marketing could increase site traffic, site time and brand recognition.

Now that I’d set the stage for him to see that he could boost sales by trying some digital marketing strategies, I decided to give a few suggestions for a couple of projects to try and offered to measure the results. I educated him on how we could measure things like conversion rate, cost per lead, revenue per lead and total revenue from digital marketing.

We worked together to set some goals based on existing sales data and devised an inbound digital strategy that aligned with our return on investment (ROI) projections. We also decided to try a weekly blog article to help drive customers to the website. As these initial digital marketing strategies proved successful, we built on those successes and added a couple more strategies. And over time, the company’s website ranking surpassed its competitors.

A Few Tips On Getting Approval For Your Digital Marketing Strategy

It is important for every dropship malaysia business to implement a digital marketing strategy as soon as possible. Identifying your buyer persona(s) and mapping out your buyer journey can help you to create a custom strategy that focuses on the client. Make sure you create an outstanding presentation with relevant data before you propose your digital marketing ideas. When researching, be sure to:

• Compare competitors’ websites.

• Compare competitors’ Google reviews and visibility (Google My Business).

• Compare competitors’ social media presence and engagement.

• Subscribe to a couple of competitors’ emails, and show your CEO or stakeholders what others and doing.

When I want to propose new ideas, I always do my homework. I conduct in-depth research, and I back up all I say with data. In this case, data from competitors includes organic traffic, social media followers, etc. And I prepare a branded presentation with FAQs at the end in order to cover any doubt.

I encourage you to do it in this way to get the approval so you can start creating and implementing results -- driving strategy.

Communicating The Importance Of Digital Marketing For Long-Term Success

Where is your company’s marketing plan in relation to the goals of your company? If your company already has a digital marketing plan, it may be time to convince your boss that by investing more in digital marketing, you can take your efforts to the next level and increase profitability. If you work at a company that doesn’t have a formal marketing strategy at all, convincing your boss to take some small steps in digital marketing can yield big payoffs.


برچسب ها: marketing , business , wholesale ,
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]

Indian e-commerce market will take time to develop

دوشنبه 21 آبان 1397
12:28
lulu

Top executives of Chinese e-commerce giant, Alibaba, which has just concluded its biggest 24-hours sales event known as 11.11 with a gross merchandise value of $30.8 billion feels that the Indian e-commercemarket is highly fragmented and it will take time to develop into a mature online wholesale tablets commerce market.

"India for us is a market where we want to be very very patient," said Joseph C Tsai, co- founder and executive vice chairman of the Alibaba Group while addressing a large group of international and local media duting the 11.11 event. "We are patient because we think there is time for the Indian market to develop," Tsai added.

In India the e-commerce behemoth had so far invested more than $2 billion in companies like One97 Communications which operates Paytm, online grocery delivery startup, BigBasket, e-commerce company Snapdeal and online food aggregator Zomato while hardly investing anything significant in its own B2B subsidiary here headquartered in Mumbai.

According to Tsai, the Indian e-commerce market has just reached one-tenth of its potential and is way behind China which is around a trillion dollar e-commerce market. "India is a difficult market with different states having different regulations. We always say that India is a fragmented marketplace as compared to China where the market is more unified," the executive said.

According to another top executive of the company, more than B2C commerce, the company will focus on leveraging the payments business to seek success in India.

"I strongly believe that we don't want to repeat the traditional e-commerce models like C2C or B2C in India. I think the best way to unlock the India opportunity is through how we leverage the payments on ground," said Daniel Zhang, CEO of Alibaba Group.

Tsai also emphasised on how investing in Paytm in India has given the company more insights into the shopping and spending behaviour of the Indian consumers.

"Our investment in Paytm has done quite well and we feel that by having a stake in the payments business helps us to understand the market because payments are applicable to multiple use cases. It helps us to understand how consumers in India interact with the internet and do e-commerce transactions. Through payments we can understand the market better," Tsai said.

Also See: wholesale shoes market in delhi


برچسب ها: ecommerce , online business ,
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Companies foray retail business

چهارشنبه 16 آبان 1397
10:39
lulu

Build eCommerce App builder helping companies foray retail business

The Mobile App Maker is reaching out to companies who want to make a mark in the online retail world by building retail apps for them which provide them with personalised templates, dynamic interfaces, and unique features, all through one e-commerce app maker.

The Mobile App Maker's innovative and easy to design templates, customisable features, no coding, and hassle-free updates- all in one e-commerce app builder is helping companies foray into the retail wholesale led lights business.

India(October 25, 2018): With almost every domain going digital, sellers need to adopt the e-commerce route to boost sales and build a loyal customer base. An app maker that can help build retail or shopping apps for companies according to their requirements is certainly the need of the hour.

An app maker should have features to support multiple retail app layouts, simplify the process of adding attributes, and provide add-ons which make the retail apps stand out from the crowd.

Peter Tello, Head of Sales at The Mobile App Maker highlighted that companies want to build apps that echo with their brand image. Therefore it becomes necessary to provide them with a large range of retail app layouts to choose from so that they can find the one best suited for them.

"An app maker should help companies design a retail app that reaches out to the global audience, has customisable screens, and provides secure payment methods. It should be able to capture the essence of the company's vision as this e-commerce app will be a tool to build a long-term customer base", said Peter.

A set of unique features that attract consumers over and over again will make any e-commerce app stand out.

Peter emphasised, "The app maker that has multiple modules to customise your retail app like locating real time stores through maps, sharing customer looks and stories, and promoting online sharing of commodities will attract customers from every demographic."

The Mobile App maker, a leader in designing e-commerce app has been providing help to companies to design their unique apps in minimum time with absolutely no code learning. Their app maker has real-time revisions which help in app optimisation and instant bug fixing.

"We understand that the sellers do not have to be programmers or coders, yet they desire to design a shopping app which builds their online consumer base and help them be at the top of their game. That is why we provide 24-hour online support and easy tutorials.

This helps them to design their own apps without any inconvenience.", he added.

The Mobile App Maker has been making a mark in the field of Information Technology by aiding companies that are venturing into the online world from every domain. They have been providing IT solutions for several years and continuously evolving and refining their wholesale pet supplies business processes to satisfy every customer need.


برچسب ها: business , companiesa , wholesale ,
[ بازدید : 4 ] [ امتیاز : 0 ] [ نظر شما :
]

Companies foray retail business

چهارشنبه 16 آبان 1397
10:39
lulu

Build eCommerce App builder helping companies foray retail business

The Mobile App Maker is reaching out to companies who want to make a mark in the online retail world by building retail apps for them which provide them with personalised templates, dynamic interfaces, and unique features, all through one e-commerce app maker.

The Mobile App Maker's innovative and easy to design templates, customisable features, no coding, and hassle-free updates- all in one e-commerce app builder is helping companies foray into the retail wholesale led lights business.

India(October 25, 2018): With almost every domain going digital, sellers need to adopt the e-commerce route to boost sales and build a loyal customer base. An app maker that can help build retail or shopping apps for companies according to their requirements is certainly the need of the hour.

An app maker should have features to support multiple retail app layouts, simplify the process of adding attributes, and provide add-ons which make the retail apps stand out from the crowd.

Peter Tello, Head of Sales at The Mobile App Maker highlighted that companies want to build apps that echo with their brand image. Therefore it becomes necessary to provide them with a large range of retail app layouts to choose from so that they can find the one best suited for them.

"An app maker should help companies design a retail app that reaches out to the global audience, has customisable screens, and provides secure payment methods. It should be able to capture the essence of the company's vision as this e-commerce app will be a tool to build a long-term customer base", said Peter.

A set of unique features that attract consumers over and over again will make any e-commerce app stand out.

Peter emphasised, "The app maker that has multiple modules to customise your retail app like locating real time stores through maps, sharing customer looks and stories, and promoting online sharing of commodities will attract customers from every demographic."

The Mobile App maker, a leader in designing e-commerce app has been providing help to companies to design their unique apps in minimum time with absolutely no code learning. Their app maker has real-time revisions which help in app optimisation and instant bug fixing.

"We understand that the sellers do not have to be programmers or coders, yet they desire to design a shopping app which builds their online consumer base and help them be at the top of their game. That is why we provide 24-hour online support and easy tutorials.

This helps them to design their own apps without any inconvenience.", he added.

The Mobile App Maker has been making a mark in the field of Information Technology by aiding companies that are venturing into the online world from every domain. They have been providing IT solutions for several years and continuously evolving and refining their wholesale pet supplies business processes to satisfy every customer need.


برچسب ها: business , companiesa , wholesale ,
[ بازدید : 4 ] [ امتیاز : 0 ] [ نظر شما :
]

Why Start A Dropshipping Business In The UK

پنجشنبه 10 آبان 1397
12:34
lulu

Drop shipping business is a good business opportunity buy should start a dropship electronics business in the United Kingdom due to the high market demand the need for convenience. Why is it a good business to start in the UK?

1. Starting drop shipping is easy

Not a lot is required in starting this business. This is a business you start alone and handle it alone. You do not need a store or any inventory on good for sale. As the drop shipper, you just need a good internet connection, a laptop, and a phone, just from your home.

The next thing is to identify a given niche, find a good supplier of the products in best USA dropshippers , negotiate product price and terms, and list the product online.

Once the customer has ordered for the product, order for the product from your supplier, package and delivers it. Whatever margin that comes from you buying from the supplier and selling to the customer is your profit.

A good communication between you and the supplier is a good part of the success in drop shipping.

2. Cheap to start

Many businesses start with a product, the seller usually needs a location, bulk of the product, transport and maybe employees. This means the seller needs a lot of capital but for a drop shipping business, it is easy. The customer orders one product and you have negotiated price, the customer pays, you order from the supplier, package it and deliver it to the customer.

3. Allow for selling of multiple products

As a drop shipper, you are the master of retail. You just need to research the product you think you can sell better online. Get the right supplier with stock for the product and market the product online. The more you promote your product, the better sales you can make from more than one product. You can sell furniture today and tomorrow you might be selling electric lamps.

4. You can easily attain fast growth

In a case that you and the supplier have created a good relationship, you can be able to order for more products and making more sales to customers. Customers feeling you are a better seller can request for more of your services. This means you are doing bulk orders and supplies. The business can easily grow faster with such situations because you are more reliable to your customers.

NOTE: To avoid doing poorly in the drop shipping business, you need to have a good supplier that will not surprise you on deadlines, therefore, research supplier before into business with them.

Shipping can also be a problem for you and therefore as you negotiate prices be smart not to scare your customers. They do not need to know you are covering for any shipping costs but be able to price the products fairly to insulate the margins you benefit from the business transaction.

For this business to work out capitalize on demand by getting the right products to sell. A good niche will make sure you stay in business until stability. A good market research should help with the selection of lucrative niches.

Related: drop shipping for dummies


برچسب ها: dropshipping ,
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Trademark Violation Case

دوشنبه 7 آبان 1397
12:13
lulu

Indian ecommerce company Flipkart, which has just wrapped up one successful festive season sale and is gearing up for another one ahead of Diwali which is set to begin from November, has landed itself in trouble with the court once again, in connection to an ongoing trademark violation case.

The Delhi Patiala House district court has prohibited Flipkart from selling any products under its private label MarQ. The restriction may cause a dent in Flipkart’s revenues from its Diwali sale, as many people buy new electrical appliances during Diwali.

Delhi-based electric appliances maker Marc Enterprises had earlier alleged that Flipkart was selling similar cheap wholesale sunglasses goods under the brandname MarQ, which is similar to Marc Enterprises, and had filed a case of trademark violation against the company.

The case had been running for the past 10 months at Delhi’s Patiala House district court and then in the Delhi High Court. In January, the district court had restrainedFlipkart from use the MarQ label till February 5.

It must be noted that MarQ is a private label through which Flipkart sells electrical appliances such as microwave ovens, refrigerators, washing machines, and LED TV sets, among other items. An exclusive line of air conditioners and smart televisions were also included under this label earlier this year.

According to Marc Enterprise’s official website, the manufacturing company was founded by the Late Jagdish Chand Jain in 1981. The company too manufactures electronic products fans, water heaters, room heaters, air cooler among many.

Private labels can be understood as a category in which certain products are manufactured by a third-party company and are sold under a retailer’s brand name. For instance, the HRX brand, which is endorsed by Bollywood actor Hrithik Roshan and sold by the Flipkart-owned online fashion platform Myntra.

Despite the ongoing case, Flipkart had advertised MarQ products on its platform during its recent Big Billion Day sale apart from introducing new products under the label.

Flipkart has been increasing its focus on its private label brands as they offer higher margins which, in turn, push up the company’s revenue. With its private label push, the company is planning to achieve a target of $17.6 Bn gross merchandise value (GMV) by 2020-21.

Following Walmart’s acquisition of Flipkart, the Indian company has also expanding its global presence — Myntra has reportedly started selling its own private brand, All About You, at Walmart stores in Canada.

Not only Flipkart, other ecommerce platforms have also been developing their private label brands.

In July, Gurugram-based online grocery startup Grofers started private label offerings under two brands — namely Budget and Popular G.

In February, Flipkart’s archrival, Amazon India, had also announced that it plans to expand its private label segment to boost up its revenues. It is reportedly aiming to launch multiple in-house brands across categories this year.

With other ecommerce platforms also pushing their private labels, this judgment can prove to be a major blow to Flipkart, especially given the Diwali sale is round the corner.

Also See: dropshipping with aliexpress


برچسب ها: wholesale , business ,
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Sell on Flipkart & Dropshipping

چهارشنبه 2 آبان 1397
12:08
lulu

How to dropship on Flipkart

Do you want to become a seller on Flipkart?

Do you know Flipkart seller portal?

How to do Flipkart drop shipping? Why so many people are keen on do Flipkart drop shipping? What you need to know when do Flipkart drop shipping? Here, I will analyse it in the following article.

Before do Flipkart drop shipping, it requires you to open a dropshipping store on Flipkart.

Does Flipkart have API?

Of course, Flipkart has API function, which is benefits for those who want to do Flipkart drop shipping. For API, Flipkart also have detailed introduction about how to use API function.

Therefore, if sellers on Flipkart don’t know how to use API, this introduction will give you a hand.

What’s more, Flipkart also offer sellers different kinds of tools for Flipkart drop shipping, such as product link and banners, promotional banners and widgets and search tools.

Products on Flipkart

Selling electronic products on Flipkart will have advantages because Flipkart is a company which specialize in books business and electronic products business at the early time.

According to market research firm’s Counterpoint Research, which shows in 2017, the market share of Flipkart's smart phone sales increased from 44% in 16 years to 51%. Now, it also operates other business, such as, home appliances, men and women products, baby&kids products.

There is 20,000 products on Flipkart. Various of products meet all your needs. But be a seller on Flipkart, you need to have your own suppliers.

Because Flipkart don’t offer source supply and you need to have inventory if you open a store on Flipkart, which can cause overstock and bear risk of loosing amount of capitals.

But if you dropshipping on Flipkart, you can find the third part dropshiping companies such as, Chinabrands and cooperate with them. Most of dropshipping companies has lots of suppliers on their platform and different kinds of product catalogs.

In this you can solve the problem of finding suppliers. Some dropshipping companies can offer you a part of service on dropshipping, for instance, Chinabrands.

For Flipkart drop shipping, you also need to know the commission.

The commission of Flipkart drop shipping:

● For Flipkart drop shipping, you need to know how does the Flipkart charge commission for each product categories.

● For books, its commission is between 6%--12%

● For e-books, its commission is between 6%--12%

● For mobiles, its commission is up to 5%

● For computers , its commission is up to 6%

● For toys, its commission is between 6%--20%

● For camera, its commission is up to 4%

The detailed commission of each product is shown as following chart.

Market of Flipkart

Flipkart as one of Indian local e-commerce business companies don’t support international shipping. Because it target business market is India.

Of course, India is a big potential market for e-commerce business. But if you are an internationally buyer or want to do dropship business internationally, your shipping address need to be in one of India countries or you need to cooperate with the third part dropshipping countries.

Therefore, if you want to dropship on Flipkart, but you cannot not solving the suppliers of suppliers or bear less capital risk, cooperating with professional dropshipping platforms, will be your one of choices.

Also See: How to do dropshipping with aliexpress


برچسب ها: how to , dropship ,
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