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Ecommerce Management Resolutions for 2023 – Are You On Track?

businessman looking at hand drawn business concept sketch

For 2023 you made a resolution to lose weight, read more and eat your vegetables. Have you given any thought to New Year’s resolutions that you made for your Ecommerce business? With May upon us, it is time to review what you resolved to do with your business now to see that you are on track to meet your goals.

Our fulfillment warehouse team is here to offer some helpful suggestions to help you stay on track or catch up.

1. Step up your customer service.

If December is a month of sales, January is a month of returns. People are taking stock of their gifts, sorting out which ones to keep and which ones to send back.

While no business enjoys dealing with returns, how you handle them will greatly affect how customers perceive you. Gracious and professional customer service will leave people with a favorable impression. In many cases, you may even manage to turn those refunds into sales.

If you did not review your return policy and customer service, now is a good time for a checkup.

2. Get creative with marketing techniques.

Post-holidays, customers go into January with a shopping hangover, leaving sales as cold as the temperatures. Dig deep into your marketing bag of tricks for creative ways to generate sales. There is still time to do some constructive promotion planning this month to assure you meet your sales goals.

Consider these possibilities:

• Review abandoned shopping carts from the last few months and send emails to gently prompt customers to complete the sale.

• Encourage shoppers to redeem gift cards at your online storefront.

• Make judicious use of discounts and coupons. For example, make them contingent on a minimum purchase to drive multiple sales.

3. Analyze your inventory.

After the controlled chaos of the holiday season, inventory numbers may be off. Now is the time to reconcile quantities on hand and current pricing to avoid disappointed customers.

Did you turn up some products that didn’t move as well as expected? Run a sale to help clear out those items and make room for new products.

If you skipped this review earlier in the year, now is a good time to take stock of your inventory and do clearance sales or routine reorders.

Team Up with Our Fulfillment Warehouse

Inventory reporting and quality customer service are just two of the benefits provided by partnering with Medallion Fulfillment & Logistics. Contact us today for more information.

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Why Choose Medallion for Your Fulfillment Warehouse

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Partnering with a fulfillment warehouse can help your company operate more efficiently and attract more business. How can you make sure you find a dependable company that offers these services? Medallion Fulfillment and Logistics has built a strong reputation for providing outstanding services for customers throughout the U.S. Learn more about what we have to offer your company.

Coast-to-Coast Coverage

Our company offers fulfillment and logistics services to companies in all parts of the U.S., as well as Canada. Whether you have a local business or a large company with multiple locations, we have the solutions needed to help you succeed.

Customized Fulfillment Solutions

At Medallion Fulfillment and Logistics, we understand that each company has its own particular needs. That’s why we offer customized solutions. If your company needs all or most of our services, we can arrange that. If your business only needs a few specific services, we can accommodate you. Our team can help you determine which services best suit your business.

Wide Range of Fulfillment Services

We offer several fulfillment services that help companies thrive. Our team can handle credit card, online order processing, and telephone order processing. We’re also able to manage your inventory, take care of picking and packing, and handle shipping. Our other services include warehousing products, customer return processing, and integrating with many shopping cart platforms.

B2B and B2C Shipping Services

Our company offers business to consumer (B2C), business to business (B2B), and less than truckload (LTL) services for more efficient, cost-effective shipping. We use common carrier services to ship palettes or large containers to any location in the U.S. or the world.

If you need additional information on our fulfillment warehouse services, please contact Medallion Fulfillment and Logistics. We can help you decide on a fulfillment solution that’s ideal for your business.

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Top 5 Reasons Your Business Needs a Fulfillment Partner

Fulfillment Warehouse Manager Working with a Small Business Owner.

As your business grows, you might find it more difficult to process and ship orders as quickly as possible. These delays can end up costing you in terms of customer satisfaction. Working with a fulfillment company can help ensure that your business continues to grow and succeed. This type of company can help your business in the following ways.

No Space Restrictions

Finding enough space to store inventory can be tough to do, especially when you have a limited amount of room. A fulfillment partner provides the space needed for your inventory, so you don’t have to take up any valuable room in your company or rent warehouse space.

Better Inventory Management

Running a successful business involves keeping close track of your inventory at all times. This can be a challenge, especially if you rely on manual methods. Fulfillment businesses can handle inventory management for you, so you’ll always be up-to-date.

Order Picking and Packing

Spending time picking the right products from your inventory to fulfill orders, then packing them up for shipment takes significant time and effort. The busier your company gets, the less time you’ll have to handle these tasks promptly. A fulfillment service can take care of these tasks for you.

Lower Costs

Working with a fulfillment business can help you reduce the amount of money your company spends on shipping, packaging material, and labor. This means you can increase your budget for other areas of your business, such as marketing.

Streamlined Process

Having a fulfillment business handle processing orders, picking and packing, and shipping leads to a more efficient, streamlined process. This results in happier customers and more business.

If you’re looking for a fulfillment company, contact Medallion Fulfillment and Logistics. At Medallion, we offer reliable fulfillment services designed to help your business thrive.

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How a Fulfillment Center Can Help Your Business

Fulfillment Warehouse Worker Giving the Thumbs Up.

Handling all of the logistics involved with running a store can be time-consuming and costly for business owners. Partnering with a fulfillment warehouse can help store owners ensure that all customer orders are promptly processed, picked, and shipped. These warehouses provide the following benefits for store owners.

Reduced Costs

From packaging materials to shipping costs, business owners spend considerable money on fulfilling orders, Fulfillment warehouses offer greater leverage that can help companies reduce these costs. Since these warehouses typically handle the fulfillment process for a large number of businesses, they’re in a better position to get more competitive pricing from packaging supply vendors and shipping carriers. These savings help businesses cut down on packaging and shipping costs.

Logistics Expertise

Fulfillment warehouses specialize in handling the logistics involved with fulfilling customer orders. These warehouses can process orders, manage inventory, pack orders, and ship them out. Business owners can focus on other aspects of operating their store and leave logistics to the experts.

Improved Efficiency

Fulfillment warehouses can step in and take over when store owners have trouble keeping up with fulfilling orders. From processing orders to shipping them directly to customers, this results in better efficiency that helps boost customer satisfaction. Working with fulfillment warehouses also means that business owners don’t have to manage their own warehouse in addition to handling other business tasks.

Faster Shipping Times

Some fulfillment warehouses have multiple locations. Depending on where these locations are, these warehouses might be able to reduce shipping time to customers. Faster shipping times can give businesses a competitive edge, while also saving money on shipping costs.

If you are exploring options for a fulfillment warehouse, please contact Medallion Fulfillment and Logistics. We offer dependable fulfillment services to help your business improve efficiency and save money.

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Starting Your Own Online eCommerce Business Part 2

Worker Taking inventory of a eCommerce Warehouse.

So you’re ready to start your own online eCommerce business? Don’t make the mistake of thinking you can just set up a website, choose a fulfillment company and go.

In many important ways, an online business is just like a brick-and-mortar business. Here are some major considerations that should be on your start-up checklist.

1. Determine your overall business concept.

“Selling products” may be your ultimate goal, but it’s not a viable business concept. With all the competition you’ll be facing, you need to figure out where you can offer something different. Having a solid business concept will also provide focus for easier decision-making.

2. Create a business plan.

Once you have a concept, you can start planning how you will achieve it. Think of a business plan as a blueprint for the structure of your business. Include elements such as:

3. Choose a business structure.

Limited liability company (LLC), limited liability partnership (LLP), sole proprietorship or corporation? Each one has different specific implications for your personal assets, tax liabilities and company operations. If you’re not sure, seek professional advice.

4. Obtain the necessary licenses.

  • Research your business name to make sure it’s not the same as another registered business in your county or state. Also, decide whether you’ll be using a DBA, or “doing business as.”
  • Register your company with the appropriate business agency in your state. Once that’s done, you can apply to the IRS for an employer identification number (EIN).

A Fulfillment Company That Works for You

With all the business hats you have to wear, wouldn’t it be great to turn order fulfillment over to an experienced source? Family-owned Medallion Fulfillment & Logistics has been successfully providing fulfillment company services for decades. Contact us to learn more.