With Black Friday and Cyber Monday coming up, it’s important to make sure your business is ready. That involves ensuring you have plenty of products available and being able to guarantee fast and dependable shipping. A fulfillment warehouse or third-party logistics (3PL) provider can help your company prepare to handle these seasonal challenges. You can also take the following steps to get ready.
Create a Sales Plan
Coming up with a sales plan for the holiday season involves taking a look at how your sales have been in previous holiday seasons. You’ll also need to determine which products you want to promote, what kinds of deals you should offer, and how to spread the word about them.
Order Inventory Now
When you have your sales plan, it’s time to place orders for products. Make sure you’ll have plenty of inventory to pack and ship to customers. If you work with a 3PL or fulfillment company, order now to ensure that they receive these items ahead of the holiday season. This helps reduce the risk of running out of stock or being low on inventory, which can send customers elsewhere to shop.
Focus on Prompt Fulfillment
After stocking up on inventory, your next focus should be ensuring that orders are fulfilled as soon as possible. This includes having items picked, packed, shipped, and delivered in a short timeframe. A 3PL or fulfillment company can handle this for you, so you can focus on marketing or other aspects of your business. These companies can often have items shipped as quickly as possible and at lower costs.
If you need a fulfillment warehouse as part of your holiday season preparations, contact Medallion Fulfillment and Logistics. Partnering with us can help ensure that your business is fully ready for this busy time of year.