The Good and Bad of Deadstock Products for E-commerce

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E-commerce retailers face many obstacles in the realm of online business. A common yet persistent issue is deadstock products. The accumulation of deadstock inventory can drive up operational and warehouse costs. As more products enter the warehouse, the cost of storing unsold items can drain the valuable financial resources of your business. What’s more, seasonal trends and products make it difficult to eliminate deadstock products completely. How to solve this problem? This article explains how to avoid deadstock and how to get rid of it when it piles up in your warehouse. Let’s start with the definition for deadstock first. What Does Deadstock Mean? Deadstock is synonymous with dead inventory. These are items that haven’t been sold and are very unlikely to sell. If you don’t use an inventory management system, these goods likely pile up and remain forgotten in your warehouse. An alternative definition of “deadstock” refers to goods …

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The best gifts for fitness fanatics, according to employees at Whoop fitness tracking

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A muscle massager, Hydro Flask, and at-home workout machine. These are the best gifts for runners, lifters, and other workout warriors. The workout-lovers in your life likely haven’t been to a gym in months. Why not gift them some fitness inspo this holiday season, that will help liven up their at-home routine? We turned to the employees at Whoop, the high tech fitness tracker that gives you data on your rest, recovery, and sleep time, to get some guidance on the best workout-related gifts they love to give or receive. These are their best ideas. Read Full Story

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A Starter Guide to Amazon Vendor Central

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Becoming a third-party seller isn’t the only way to make money on Amazon. What if I told you there’s a way to get rid of the bulk of your seller admin and focus solely on helping a single customer who will sell your products for you? Well, that’s what you can expect from Amazon’s Vendor Central. We’ll take a deep dive into the platform and discuss: What is Vendor Central, and how to get an invite. The main differences between Seller Central and Vendor Central. The benefits and disadvantages of becoming a vendor. How to measure your success on the platform and more. Let’s get started! What Is Amazon Vendor Central? Vendor Central is an invite-only platform where you can sell directly to Amazon as a supplier. It’s similar to Seller Central, where vendors can manage their purchase orders and product data from one central hub. If you get an …

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Fast Company’s guide to the best holiday gifts of 2020

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Our favorite items, whether you’re shopping for someone who loves working out, chilling out, camping out, cooking, and more. The holidays are fast approaching, but if you haven’t finished your shopping, don’t panic: Most retailers estimate that you can still get gifts in time for Christmas if you order by Monday. Looking for ideas? All season, we’ve been compiling Recommender gift guides for everyone in your life, from home cooks to outdoor enthusiasts. Take a look: You might even find a thing or two for yourself! Read Full Story

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