Things are looking up for your retail business, and customers are buzzing about your products. As you see sales increase, you decide to buckle down and get lucrative: it’s time to become a wholesaler!
What is an order management system or OMS? In short, it’s the system you use to track the orders your receive from customers for goods or services. An OMS also tracks customer data and inventory on hand. If you’re a retailer or wholesaler, you probably already have an OMS - even if it’s just in the form of a messy spreadsheet.
In early 2016, Dick Smith Electronics announced they would be shutting all 363 stores in Australia and New Zealand. For a homegrown brand that grew out of rented premises in a suburban carpark, the closure of Dick Smith Electronics stores has left Australians disappointed to see the demise of a once great local retailer.
I want to be honest with you. I’ve never owned a small business. I’ve merely been a dedicated employee in a small business for a year and a half. I loved that business and I loved the culture we cultivated there.
eCommerce has witnessed tremendous growth in the past few years. Enough growth to attract a slew of entrepreneurs all jumping onto the bandwagon in search of fame and fortune. Starting an eCommerce business can be fast and relatively easy and cheap.
“Ideas are universal. Opportunities are not.” Since reading this striking quote on Kiva’s website, we can’t stop thinking about it. Imagine if everyone who had an idea also had the accompanying opportunity to make it happen - the possibilities are literally endless.
They say nothing good ever happens after 2am. Unless you’re a Stanford graduate, business-minded woman who is awake at 3am, feeding your lovely newborn little boy. In that case, lots of good things can happen in those sleepy morning hours, including being struck with inspiration for a company that fills a niche market for quality baby products.
A true breath of fresh air! Foobot is bringing air quality monitoring to the masses. It all began with a simple idea and a lot of determination. Today, the company serves consumers and businesses in 45 countries worldwide.
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