Order fulfillment and fund are the top two challenges facing e-commerce businesses, our partnership solves these challenges at once. Boxful Fulfillment handles your online store orders, inventory and shipments while Choco Up offers a novel financing solution to e-commerce newbies and SMEs. Let’s take a look at how Choco Up’s financing solution is going to be the best option to start or grow your business.
Fundraising can be brutal when you have approached the wrong path and spent too much time and effort on it. Choco Up provides startups and SMEs with non-dilutive funding and supports them to thrive.
Online shopping is a longstanding part of the average Hong Konger’s daily routine. The recent pandemic has pushed many traditional physical stores to provide online services, while prompting others to open online stores from scratch. Acting as an online store operator brings about many responsibilities, such as establishing a store website, promotional social media platforms … but one major aspect of business is often overlooked: logistics. Before the promised goods are physically delivered to customers, even the most minor logistical mistakes (whether they be in warehousing, shipping, or transportation) can cause substantial losses. Shopkeepers should therefore pay attention to these three major logistical tips for online stores.
Logistics is at the heart of the transformation and development of modern day enterprise. High quality logistical management in turn reflects well on the management and strength of any company. However, the limited manpower and resources of most SMEs prompt them to seek a professional logistics company to work on their behalf. This is a good option, but how do you know which logistics company is the most suitable and effective for your business? Let’s discuss.
Logistics management is one of the most crucial factors impacting operating costs for the majority of industrial commercial enterprises. Under the evolving pressures of information technology and online retailing, adhering to old, tired logistical business models is bound to incur significant blows to company profit. Perfecting modern methods of logistics management has proven to save immense costs for many well-known multinational corporations (Amazon, Alibaba etc), allowing them to both better serve their customers and attract more consumers. Today, we’ll be presenting five major techniques in logistical management to boost company profit, all of which are commonly utilised by many successful companies. These relevant tricks are sure to prove effective in reducing costs and promoting profit, and are noteworthy for any and all SMEs.
![[Online Store Strategies] 7 E-Commerce Tools and Platforms That Start-Up Online Store Must Use](https://6697919bca4460305448-543595a467e39277900b14de3518a799.ssl.cf6.rackcdn.com/2020/09/19.jpg)
When growing a start-up online store, it is important to choose the most ideal e-commerce tools and platforms for your website. These serve as the main supporting elements of your website; if they are integrated well, they can strengthen your e-commerce strategy and simplify the overall sales process. A website that is easy to browse, easy to use, and showcases products well will naturally have a positive impact on sales. The following are some recommended e-commerce tools and platforms, each with their own strengths, which can help the management and development of online store startups.
A key part of any logistics system, warehousing refers to the warehouse storage of materials and goods for later production and shipment. In the past, many SMEs have neglected this stage in the operational process, assuming that merely renting a warehouse is sufficient. However, in this day and age, warehousing is a crucial element within the overall logistical planning process. Establishing a good warehousing management system not only improves the efficiency of imports and exports, but can also seriously advance economic benefits.
![[Online Store Strategies] Picking and Packaging: A Major Factor in Online Store Success](https://6697919bca4460305448-543595a467e39277900b14de3518a799.ssl.cf6.rackcdn.com/2020/09/18.jpg)
As an online shop operator, whether you build your own online shop (on Shopify, Shopline, etc.), consign via a large online shop (such as HKTVmall), or even just open a shop on basic social media platforms (such as Facebook, Instagram, etc.), you will still enter the “Pick and Pack” process of the ecommerce process after your customers place orders. Establishing a solid “picking and packaging” mechanism is definitely an important factor in determining the success of your online store.
Nowadays, when most people hear the term “logistics”, things like online shopping and express delivery probably come to mind. In reality, however, logistics is an essential concept that large companies, SMEs and online shops alike must understand and master thoroughly – so much so that it can be considered one of the make-or-break factors for a successful business. Let’s have Boxful explain the basic steps of warehousing logistics to you, as well as how Boxful Fulfillment can help SMEs in this area.
![[Online Store Strategies] 5 Major Benefits of Using an Online Store Logistics Service](https://6697919bca4460305448-543595a467e39277900b14de3518a799.ssl.cf6.rackcdn.com/2020/09/17.jpg)
As online shopping becomes more and more popular in the modern age, SMEs and even more well-established, time honoured brands have encountered pressure to jump on the e-commerce bandwagon and take their business online, allowing their customers to complete purchases anytime, anywhere. Delivering goods to customers quickly and efficiently, however, is a difficult challenge that many companies face. Fortunately, some third party logistics companies now provide one-stop online store logistics services, handling everything from receipt of goods, packaging, storage to delivery, making this an appealing choice for many enterprises.
The ongoing trend of online shopping has undoubtedly provided bigger and better business opportunities for merchants, especially SMEs. However, many problems must be taken care of in order to successfully sell products online, with potentially the greatest of them all being logistics. Running an online store requires the integration of many operational stages, including ordering, receipts, warehousing, packaging, transportation and delivery. Each of these stages is interconnected and cannot be disorganized. Even a slight delay or mistake in any of them (for example delivery lags, incorrect goods or damaged goods) can seriously affect customer experiences, in turn harming online store reputations and future business levels.