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Whitepapers

E-Commerce: More Than Just an e-Store

Many retailers today are looking to expand their presence by either opening an internet store, or expanding the products and services available on their existing web site. However, simply opening or expanding a web site may not be enough anymore. So, the big question facing retailers is “What are the challenges to overcome in a new cross-channel world?”

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Consignment Sales

Consignment, like layaway, is an old retail service that is seeing new life in these down economic times, a re-emerging option offered by wholesalers and manufacturers. Usually, retailers will expect a higher margin to suppliers who want the money for their goods up front. A lower margin is accepted from those vendors who are willing to wait until the products are actually sold. In either case, the retailer typically takes a greater portion of the profits, albeit not nearly as much as selling paid for items. The supplier has the advantage of placing goods on to store shelves, closer to the end user, thereby converting inventory to cash much sooner.

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