Order fulfillment is the process of storing goods, packing orders, and shipping products to buyers. In a broad sense, order fulfillment is everything that happens after a customer places an order up to the moment they receive the order. Businesses can handle fulfillment in-house, outsource the function to fulfillment partners, dropship their orders, or combine…
How To
How to Calculate Bonuses for Employees
Some employee bonuses are easier to calculate than others. Performance-based bonuses depend on factors for which you may need to gather data such as total sales revenue for the month or the number of new clients signed during the year. Meanwhile, to pay nonperformance bonuses, you might need to set an arbitrary amount, like $1,000,…
How to Set Up Google Local Services Ads in 7 Steps
Increase your brand’s online visibility and drive sales with Google Local Services Ads. To get started, confirm your eligibility, create an account, and set your service area by ZIP code or city. Then select your services and add your hours of operation. Next, preview and submit your listing for review. Once approved, set your budget…
How to Start a T-Shirt Business Online in 10 Simple Steps
Learning how to start a T-shirt business online starts with choosing a strong niche and creating unique designs that will separate your business from the competition. Once you validate your designs, you’ll need to select a production method and sales platform, determine costs, set pricing, register your business, and build your online store. You’ll then…
How to Start a Jewelry Business in 9 Steps
Jewelry is a $270 billion market with an endless amount of opportunity to carve out a specific niche or market. You can make jewelry for men, women, adults, children—or animals even. Though competitive, a jewelry business can also be lucrative. Historically, the average gross profit margin has been in the 43%–47% range. It’s estimated to…
Setting Up an Employee Benefits Program in 5 Steps
A robust and dynamic employee benefits program can help you attract and retain top talent within your industry. To set up a strong program you need to establish your budget, identify the benefits you want to include, and consider how you want the benefits managed (i.e., through a professional employer organization) before finalizing and rolling…
9 Best Referral Lead Generation Sources by Industry
A lead referral source is anyone who helps you with lead generation by recommending your business to someone. Referral leads are optimal because their interest is based on a recommendation from a trusted source. This increases the chances of converting them into paying customers and statistically representing higher customer lifetime value. In this article, we…
CRM Team Training in 7 Steps for Small Business
Maximizing the use of customer relationship management (CRM) software is only possible when team members know how to use its various functionalities. It is crucial they understand how the use of the tool fits into their day-to-day business processes. In this guide, we share seven steps for CRM training involving planning, utilizing various resources, and…