Should I Be Doing An Inventory Count? Part 5

Source Google

We have just finished the 2^nd quarter for most of us in business and some of you may have done what they call a semi – inventory count  (A six month).  In this series we talk about a monthly count, but all will work no matter how often you do a count.  Some, such as factories, do a count once a year due to having to stop operations completely for an accurate count.

But there seems to be a misconception as to who should be doing a inventory count. No matter what business you are in, if you are dealing with a customer, online or off, or plan to and working towards that end, in any capacity whatsoever, then you should be doing an inventory count. Even if it is just you working your business. Even if you have not had  a sale yet, you should be doing a inventory count.

Source Google

Inventory is not just about the items that you sell, it is also about what all you use to sell the service or product.

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THE INVENTORY COUNT UPDATING PRICES Part 6

After The Inventory Count, What’s Next? Part 4

The Inventory Count Part 3

Getting Ready for The Inventory Count Part 2

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INVENTORY COSTS (ORDERING COSTS, CARRYING COSTS). DEFINITION AND FORMULA.

lokad.com

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THE REAL COST OF CARRYING INVENTORY

WASP BUZZ

The Criteo Report Part 3 Mobile Trends

Executive Summary

These trends and forecasts come from Criteo’s Q4 2015 State of Mobile Commerce Report, based on its unique pool of online shopping data.

Criteo’s analysis of shopping data from Q4 2015 demonstrates that mobile is an established channel for retail transactions in a world where mobile devices are at the center of the connected consumer.

As the fifth quarterly Mobile Commerce Report, this is the first report to analyze year-over-year growth in key verticals and devices as retailers shift to people-centric strategies.

To recap, in part one, we went over how that when it comes to device and transaction share with the U.S. retail market, Smartphones dominated the market in 2015. 60% of retail transactions belong to mobile compared to just 45% in 2014.

In part two of the series, we got a good look at the holiday sale period of 2015 and how mobile influenced shopping and sales.  52%, HALF OF CROSS-DEVICE MOBILE TRANSACTIONS ARE A RESULT OF MOBILE-ONLY BROWSING

In part three, today we are going to take a look at what The Criteo Report says to us regarding apps and their influence on e commerce.

TO READ THE REST OF THE STORY

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The Criteo Report Part 2

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Five 2015 Ecommerce Stats and Trends You Should Know About

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Mobile’s influence on offline sales continues to grow: Forrester

Service Exports USA: A Growth Opportunity Section 2 Part 3

A Continuation of the SBA's Export business Planner

(Scroll Down for Links)

CREATING YOUR EXPORT PLAN

Export Readiness: Conduct an Industry Analysis

Last week we profiled your current business. You want to approach your export operations in the same way you would your domestic operations—using sound business fundamentals. Developing an Export Business Plan and subsequent Marketing Plan helps you assess your present market situation, business goals and commitment. This will increase your opportunities for success.

This week we start with doing an industry analysis. This industry review will enable you to capture the key aspects of your industry that will affect your exporting decisions.  ...

To Access The Full Article

RELATED POSTS

Service Exports USA: A Growth Opportunity Section 2 Part 2

Service Exports USA: A Growth Opportunity Section 2 Part 1

More Information

Export Services

Service Exports: A Dynamic Export Option

Links - Service Exports USA: A Growth Opportunity Section 2 Part 3


Background on Product Classification - Links

U.S. InternationalTrade Commissions 

Schedule B: StatisticalClassification of Domestic and Foreign Commodities Exported from the United States

 North American Industry Classification System (NAICS) 

 Standard International Trade Classification (SITC) 

 Department of Commerce 

U.S. Department of Agriculture

export.gov/FTA/FTATariffTool.

Identifying - Links

 free trade agreements

 U.S. Census Foreign Trade Website 

 World Factbook 

 World Population 

 The World Bank Atlas  available from the World Bank 

United Nations International Trade Statistics Yearbook 

Source SBA

A New Breed of Small Business Is Emerging

Source Google

This article first appeared on

www.smallbusiness.com

Background: For the past year, SmallBusiness.com has been exploring the topic of the emerging "on demand economy" a term coined to describe an app-enabled marketplace that instantly matches those who need a product or service with providers of such products and services.

The largest and most visible example of a real-time, on-demand marketplace is the ride-sharing company Uber. So many start-up companies are modeled after Uber (for markets other than ride-sharing) that tech and finance pundits refer to them as “Uber for X” businesses.

Other terms used to describe the on-demand economy, or facets of it, include the “sharing economy,” the “access economy,” the “gig economy,” the “1099 economy” and others.

Some of the biggest brands serving the small business market ...

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MORE INFORMATION

Source Google

the-on-demand-economy-hits-the-reset-button


know-these-3-things-to-make-money-in-on-demand-economy

the-on-demand-economy-is-growing-and-not-just-for-the-young-and-wealthy

A Shopping Revolution That Occurred In The Last Century

Source Google

In 1969, A&P was the largest food chain in the United States, and the chain’s sales were twice of their competitor, which was Safeway. However by 1978, Safeway was number one in sales and A&P had fallen to 3^rd place behind Kroger. In the 80’s the company fell even further behind.

But before the demise of A&P, during its heyday, the company revolutionized the way the world did their shopping. “It allowed less wealthy households to show startling improvements in the quality of their diets.  And because many A&Ps were in urban areas, they were especially important to African-Americans, who faced steep prices at independent stores”.

Two childless brothers, George F. Gilman and George Huntington Hartford, in 1859 founded the Great American Tea Company in New York City. Their trade was tea that they bought from the cargoes of the clipper ships in the harbor.

Starting out as a mail order catalog, in 1868 coffee was added and soon the brand name, Eight O’Clock Coffee appeared. Eventually, spices and extracts were added to the catalog. By 1869 they had opened 11 stores and named that part of the company, the Great Atlantic & Pacific Tea Company. The name, the Great American Tea Company was still used for the mail order catalog and its established wagon routes.

Source Google

In what was called an “economy store”, the brainchild of John Hartford, was opened in 1912. The economy store and those that followed were small and on secondary streets to avoid ...

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Classic A&P Grocery Stores Revisited

The Great Atlantic & Pacific Tea Company

Source YouTube

Service Exports USA: A Growth Opportunity Section 2 Part 2

Source Google

CREATING YOUR EXPORT BUSINESS PLAN

Export Readiness: Profiling Your Current Business

SBA

Keys to Your Export Success

As you begin to consider whether your products or services are well-suited for the international marketplace, use this checklist from the Small Business Administration as a starting point.

A business that can succeed in the export marketplace should be:

• Successful in its present domestic operation.
• Willing to commit its resources of time, people and capital to the export program.

— Entry into international markets may take as much as two years of cash outflow before generating a profit.

• Sensitive to and aware of the cultural differences in doing business in other countries.

Approach your export operations ...

To Read The Rest Of The Story

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A list of Related Posts

Are Listed on the Left Side of This Blog

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More Information

ADVANTAGES AND CHALLENGES OF EXPORTING

Methods of Payment

How to: be aware of business cultures

Mobile Commerce The Criteo Report Part 2

Mobile Commerce The Criteo Report

Part 2

Executive Summary

These trends and forecasts come from Criteo’s Q4 2015 State of Mobile Commerce Report, based on its unique pool of online shopping data.

Criteo’s analysis of shopping data from Q4 2015 demonstrates that mobile is an established channel for retail transactions in a world where mobile devices are at the center of the connected consumer.

As the fifth quarterly Mobile Commerce Report, this is the first report to analyze year-over-year growth in key verticals and devices as retailers shift to people-centric strategies.

To recap, when it comes to device and transaction share with the U.S. retail market, Smartphones dominated the market in 2015. 60% of retail transactions belong to mobile compared to just 45% in 2014.

Part 2, we begin with the holiday sales of 2015

To Read The Rest Of The Story

Are you ready?

More Information

Source Google

Mobile commerce will be nearly half of e-commerce by 2018

Global M-Commerce Set To Leave E-Commerce In The Dust

Mobile Commerce Roundup