7 Pitfalls of Amazon FBA (Fulfillment By Amazon)!

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Article provided by Jake Rheude at https://redstagfulfillment.com/

 

 

Fulfillment by Amazon or Amazon FBA lets sellers in the Amazon marketplace take advantage of Amazon’s giant logistics operation to ship their orders.

FBA items are eligible for Amazon Prime shipping and Amazon handles your angry customers (which Amazon considers its customers, not yours). Amazon has dozens of warehouses all over the country, and more around the world, so your products may be in your customers’ hands quickly.

If you pull back the Amazon curtain, however, you find the picture isn’t always rosy.

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Black Friday is Almost Here! Last Minute Supply Chain Preparation!

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Black Friday is almost here!

Retailers have been anticipating and preparing for this over the last year.  It has become the biggest online shopping period of the entire year with expectations for exponential growth over last year.

Further this period is so dramatically busier than at any other time of the year that it has an absolutely enormous impact on the Supply Chain of these companies.

In fact the readiness of the Supply Chain can make or break the success of Black Friday for most any company.

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Turn your Brick And Mortar Stores into E-Commerce Distribution Hubs!

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Retailers with Brick and Mortar stores continue to be under tremendous pressure.  Competition is intense in the fast growing Omnichannel E-Commerce world.  Every week there seems to be news about how one Retailer or another is closing more of their stores.

And very few Retailers with Brick And Mortar stores have been able to make a profit in E-Commerce.  Competitors who only sell online without physical stores appear to have an advantage with lower overhead costs.

So how can Brick And Mortar Retailers turn their stores into a competitive advantage plus a source of greater profitability?

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What are the Top 7 Trends in Last Mile Logistics?

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Blog post created by Adam Robinson and originally published on October 13, 2017 on  http://cerasis.com 

 

Shippers face many challenges in successfully delivering products to end-users, and last mile logistics will be a core focus of change in the coming months. Consumer demands and expectations are rising, and up to 25 percent of consumers are willing to pay extra for same-day delivery.

Also, same-day delivery will reach a 25-percent market share by 2025. By 2018 alone, same-day delivery and last mile logistics will be valued at more than $1.35 billion.

E-commerce is the driving force behind the sudden uptick in last mile logistics, and as explained by Logistics Management, e-commerce is expected to grow to $2.4 trillion by 2018 as well.

To gain a competitive advantage in last mile logistics, shippers need to understand the top seven trends in last mile logistics.

 

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How Virtual Reality (VR) is Drastically Enhancing the E-Commerce Shopping Experience! (Infographic)

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Article provided by Jake Rheude at https://redstagfulfillment.com/

 

 

Virtual reality (VR) is something we’ve been hearing a lot about recently, but did you know your shopping experience could be influenced by this in the not too distant future? Or perhaps it already has?

In this infographic, we’ll explore how virtual reality is changing online shopping (and subsequently the ecommerce fulfillment operations behind the scenes) by creating a virtual shopping experience (v-commerce) many are finding hard to forget. We’ll look at the different ways VR can be used, including the experience it creates and the implementation of another innovative feature – augmented reality (AR).

We’ll also delve into what effect this could be having on brick-and-mortar stores, and how retailers can bridge the gap between physical and online stores. This is important because customers are enjoying VR and all it has to offer, which means stores are having to find ways to manage customer expectations while protecting themselves from this latest technological advancement.

And finally, we’ll finish with some interesting examples of how retailers are using VR to create a unique, and unforgettable, shopping experience. Key examples include Swedish furniture manufacturer, IKEA; car manufacturer, Audi; online marketplace, eBay; and the e-commerce platform, Shopify.

 

Virtual Reality

 

Companies that leverage the latest technologies such as Virtual Reality (VR), Artificial Intelligence (AI) and the Internet of Things (IoT) are positioned to create an enhanced Customer experience.  And this competitively differentiated Customer experience provides the opportunity for significant growth and market share gains.

At a minimum the application of these technologies reflect a realization that companies can not be stagnant.  They need to continually look for new ways to reinvent themselves not only to support growth but to ensure their very survival!

 

Check out Artificial Intelligence (AI) in E-Commerce! (Infographic)   also by Jake Rheude.

#VR #AI #IoT #ECommerce #Retail #Technology #SupplyChain

Please see our other blog posts at https://supplychaingamechanger.com.

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Why Millennials are Different and How Marketers can Engage Them! (Infographic)

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Infographic provided by Steve Hashman, Director Exponential Solutions at (The Cube) Marketing at https://www.cubemc.com/customer-engagement-strategy

 

Understanding your Customer is the first and most important consideration in designing, defining and refining your company and your go to market business model.

In the Retail sector one key demographic that demands consideration is that group called Millennials.  Whether it be Marketing, Merchandising, Supply Chain, or any other aspect of your Go to Market experience understanding what is important to Millennials is critically important.

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Lean in Retail … Value Stream Mapping your Current State Process!

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We had to begin the transformation of the company’s business processes to support the new business objectives.  Specifically the company was going to carry a dramatically different set of products which required a new set of capabilities in Strategic Planning, Merchandising, Marketing, Procurement, Inventory Management, Retail Operations and Logistics.

That scope defined the set of processes we needed to change first.  The overall goal was to enable the transformation of the company which would manifest itself in higher revenue, improved growth and profitability, greater customer satisfaction and superior employee engagement.

We decided to attack this by introducing the Lean technique of Value Stream Mapping to the organization.  We had to start with mapping the Current State process.

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