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How to deal with ODA/OPA locations?

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The logistics industry has seen tremendous growth for over a decade. It could be the adoption of technology to make the transportation better or the quality service which has increased the productivity of the supply chain. The advancement of the logistics industry has turned into a boon for the e-commerce businesses which wholly depend on logistic companies to deliver their products and services to the customers.
Even though the logistics industry has heeded a drastic improvement in its services, yet it has a lot of loopholes in the system. The dominant ones being the Out Of Pickup and Delivery Area. So let’s understand more on this in detail:
Remote Area for Pick up - Also known as Out of pickup area. Here, the courier service provider doesn’t render the convenience of door pick up of the parcel to its customer. Therefore the shipper has to drop off the parcel to the nearest courier office in order to further connect the parcel and get it delivered.
Remote Area for Delivery – Also known…

A How-To Guide for Sourcing Goods on Alibaba

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It is imperative to have a strong USP for any business, especially if it falls into a domain where there is a lot of competition. Since there are tons and tons of companies selling the same products as you are at a competitive price, you must either compromise on profit margin or should sell products which are new in the market in order to survive in the competition. Fortunately, there is a way where you can introduce new products to the market and also sell it with greater margin. This can be done through importing goods from countries like China through portals like Alibaba.

Alibaba is a great B2B market place which bridges the gap between the supplier/wholesaler with the entrepreneurs. Here you can find many suppliers of different parts of the world, with the highest being the Chinese suppliers. This is a perfect place for those who want to buy bulk products of premium quality at a cheaper rate.

Even with the world’s largest supplier directory, Alibaba is not completely free from the…

Amazon FBA Vs MFN: Which is better for my business?

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It's always safe to have an extra hand to reduce the burden of product fulfillment procedure, but at what cost? Is something to be worried about. If you are an Amazon seller, you would have faced a situation where you had to choose between Amazon FBA and MFN Shipping. As a seller, you have to take the right decision for your company as this directly influences your company’s revenue generation. For those sellers who are new and listening to these words for the first time, here is a brief explanation on what exactly Amazon FBA and MFN is.
Amazon FBA( Fulfillment by Amazon): If you are an Amazon seller and if you have opted to use Amazon FBA services, then Amazon will look after the entire process of product delivery on behalf of you i.e. once the customer books an order, Amazon picks the parcel, packs it and ships it to the customers and also handle returns & customer support. On the flipside, in MFN (Merchant Fulfillment Network): the entire process of fulfillment i.e from pack…

What happens to the parcels held in the Customs, if not cleared?

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If you are an established businessman or a newbie to the import-Export business, it is imperative to understand the inside out of customs and to know how your business gets affected by customs. So what are Customs duties?
Customs duties are imposed on goods entering the destination country. The customs duties are levied on imported goods in order to safeguard the country’s domestic industries and employment. Hence all the businesses importing the goods must comply with the rules and regulations set by the government.
If the parcel you ship seems suspicious, or the item is prohibited, or if any documents are missing, etc., then the customs authorities hold the parcel and may ask to submit the necessary documents or ask for more details of your parcel. Unless the necessary actions as suggested by the customs is not performed, your shipment will not be moved for delivery. If in case the seller or the consignee doesn’t pay the duty within the specified time, then the shipment will be destro…

Best Payment Gateways for your E-commerce Store

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It takes a lot of effort, time and money to drive traffic to your website irrespective of the size of your business. Upon which there is no assurance that the entire cluster of traffic will be converted into your customers, as there are many criteria’s which may result in the drop off of the customers until they reach the checkout page. But if a majority of the traffic abandons the shopping cart at the checkout page, then there could be only a single reason for it, which is the payment options.

Customers are very particular on the method of payment for the products which they want to buy. If you do not provide flexible payment options, then they may not make a purchase. If your business provides international services, it becomes crucial to have payment gateways which support different currencies as well. Before we move on to the different payment gateways, let's understand the features that we need to check while selecting a payment gateway for your business. Some of the salient …

5 Proven Product Pricing Strategies for E-commerce Business

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There was a time when E-commerce was utilized only by the younger generation of India. But with the easy availability of the internet, online shopping is becoming more prevalent among people of all age groups, thus raising the count of sellers online.
Having an exquisite website isn’t enough to entice the customers. Customers don't hit the purchase button before considering certain features, especially the price of the product. Customers generally ransack the internet for the best deals available for the products which they want to buy.
Though you impart standard products to your customers, there are other competitors who also sell the same quality products at a cheaper rate. This can result in customers switching to your competitors if they feel your product price is higher.
This can put your brand one step behind the other competitors. Certain price comparison platforms make the search process easy, by listing out all the best deals with just a click. This makes it crucial for the…