Category: 3PL Provider

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The Top 3 Benefits of a 3PL Warehouse Partner

3PL Parners

Running a retail business can be lucrative, but it comes with certain challenges. With more customers purchasing items online, making sure orders are fulfilled as quickly and efficiently as possible can be difficult. Partnering with a fulfillment company that offers third party logistics (3PL) services is a smart solution. Working with a 3PL warehouse partner can provide your company with the following advantages.

Reduced Risks

From supply chain problems to product shortages, businesses can run into many issues that cause delays. This can have a ripple effect that leads to less business overall as customers turn to other companies to purchase the products they want or need. While you can’t prevent some of these problems from occurring, working with a 3PL warehouse partner can help mitigate these risks. Your 3PL partner can explore possible solutions to these issues, while you focus on other areas of your business.

Faster Delivery Times

Customers who make online purchases expect to receive them as soon as possible. Instead of having to wait several days or weeks for the items they buy, they look for businesses who offer fast deliveries, such as next-day or even same-day delivery. Handling this on your own can be incredibly tough to do. However, your 3PL warehouse partner can help ensure that customers are able to receive their purchases in a much shorter timeframe.

Lower Costs

Having a 3PL warehouse partner can lead to lower shipping costs. These businesses are in a better position to negotiate rates with shipping companies, which can help you save money on the cost of shipping your products to customers. With these savings, you’ll have more room in your budget to spend on marketing or other areas.

If you need a reliable fulfillment company to help your business thrive, please contact Medallion Fulfillment and Logistics.

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Five Important Trends to Embrace for 2023

Five Important Trends to Embrace for 2023

Greek philosopher Heraclitus famously said, “Change is the only constant in life.” Thousands of years later, his words still apply. So what changes are in store for eCommerce in 2023? Keep your finger on the pulse by adopting these trends identified by our fulfillment warehouse staff.

1. Sustainability becomes a greater factor in purchasing decisions.

As consumers become more aware of environmental concerns, a recent study shows that four out of five shoppers consider sustainability when choosing brands to support. Major player such as Amazon and Apple have made public commitments to become carbon-neutral by a specific deadline.

2. Voice assistants “handle” an increasing share of consumer purchasing.

As of 2022, more than one-third of consumers use Alexa, Siri and other voice assistants on a daily basis. Savvy eCommerce retailers are incorporating voice-enabled technology to make the shopping experience more intuitive and hands-free.

3. Direct-to-consumer grows in popularity.

The pandemic caused unprecedented changes in how companies do business. In one development, retailers discovered that direct-to-consumer (DTC) selling models are more efficient and profitable. DTC selling also allows for more interaction with consumers, which in turn builds loyalty.

4. TikTok continues to be a dominant force in social media.

Over the last few years, video hosting site TikTok has exploded in popularity, becoming the most downloaded app worldwide. eCommerce retailers are finding that TikTok is a great platform for advertising and brand content.

5. Online shopping goes live.

Think of it as a virtual Home Shopping Network. Many eCommerce retailers are holding live streaming events featuring their products. This strategy strengthens the connection with customers, letting them ask questions and make purchases in real time.

Grow Your eCommerce Business with Our Fulfillment Warehouse

Contact Medallion Fulfillment & Logistics to learn how our services give you more time to grow your sales.