Top 2024 resources on operating
Best operating resource in 2024.
Learn more about operating to improve your e-commerce strategy.
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4 Steps to Ecommerce Profitability
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Too many ecommerce sellers rely on credit card debt or other loans to pay for their inventory and operating expenses. Many are not paying themselves consistently, waiting until tax time to determine if they can take a paycheck. The traditional business equation of Sales – Expenses = Profit is destined to leave little left over
Topics: pay, profit, expenses, profitability, inventory, cash, ecommerce, steps, account, accounts, operating, sellers. -
9 Ways to Smash Operating Costs in Your Online Business
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In this article, we share our own business cost reduction tips that have made a difference for us & will make a difference for your business, too!
Topics: apps, services, cost, tip, reduce, tools, costs, tool, ways, tips, youre, operating, business, reduction. -
A Year-round Cash Strategy for Ecommerce Sellers
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Let’s be clear about why a cash strategy is important. The fourth quarter is when ecommerce merchants hope to have more cash than normal. In this post, I'll outline a five-step process to calculate your year-long cash needs, manage incoming cash, and reward yourself
Topics: profit, law, strategy, sellers, yearround, ecommerce, operating, account, expenses, month, youre, inventory, funds, cash. -
Amazon Q1 beats on net sales of $75.5B but posts net income of $2.5B, down $1B on a year ago
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Amazon has been one of the biggest names synonymous with how the consumer masses are experiencing life under lockdown: its site lets you buy anything from soup to nuts, from books to baking pans for all your sourdough; and via its streaming services, it gives you many ways to stay entertained. But it can also […]
Topics: net, operating, employees, income, q1, quarter, beats, sales, company, 755b, posts, ago, amazon, techcrunch, versus, billion, services. -
ChannelEngine raises $50M for an operating system that helps retailers sell through marketplaces
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Marketplaces are the order of the day when it comes to selling online, providing a one-stop shop for shoppers, and for retailers looking to target as many would-be buyers as possible, while also creating more economies of scale in areas fulfillment and delivery. Amazon has become the name synonymous with marketplace selling, but it’s far […]
Topics: ecommerce, channelengine, sell, system, raises, operating, helps, global, marketplaces, techcrunch, help, brands, marketplace, retailers, selling, 50m. -
Chief Operating Officer (COO): Everything You Need to Know About This Important Role
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Most companies have goals related to growth. I’m not sure of many companies that want to make less money or reach fewer people over time.
Topics: operating, experience, officer, company, business, chief, role, companys, coo, growth, important, know, need. -
Dwarfs attracts 30 million euros, acquires 4 online shops
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Dutch ecommerce acquisition company Dwarfs has attracted 30 million euros in debt financing from European investor North Wall Capital. Dwarfs has used the money to acquire four online shops that are active in the lifestyle and home furnishing industry. When Dwarfs launched in May this year, it said it wanted… Continue reading
Topics: capital, operating, founded, million, acquisition, shops, euros, dwarfs, acquires, attracts, companies, netherlands, online. -
Finland’s eBrands enters Amazon seller acquisition market
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Amazon seller acquisition companies are everywhere. And now there’s also one in Finland: eBrands. This company even says it’s the only Amazon FBA brand aggregator based in the Nordics. eBrands acquires brands in both Europe and the US. One of the unique selling points of eBrands is that it will… Continue reading
Topics: market, enters, amazon, operating, company, sustainable, acquisition, ebrands, brands, business, understanding, finlands, välilä, finnish, seller. -
From movies to shipping, AWS is driving Amazon’s revenue diversification
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Put simply: Most of Amazon’s operating income came not from selling stuff, but instead from selling compute and storage.
Topics: revenue, business, techcrunch, amazon, run, amazons, shipping, cloud, aws, billion, diversification, operating, selling, results, driving, movies, support. -
Global Fashion Group plans to raise €300M in Frankfurt IPO
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The ongoing evolution of the startup factory known as Rocket Internet continues apace. Today, the Global Fashion Group, which is made up of a number of regional e-commerce fashion commerce sites — operating under the names Zalora, Dafiti, The Iconic and La Moda — originally incubated in the Berlin outfit, announced that it is planning a public listing […]
Topics: techcrunch, raise, 300m, group, frankfurt, ipo, million, billion, growth, ecommerce, plans, gfg, markets, fashion, value, brands, operating, global. -
JD.com’s drones take flight to Japan in partnership with Rakuten
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Chinese e-commerce company JD.com is taking its drone delivery system to Japan. Rakuten, the Japanese e-commerce giant, just announced a partnership with JD that will see its drones and unmanned vehicles become a part of Rakuten’s own unmanned delivery service efforts. JD has been operating drones in its native China for a number of years, […]
Topics: drone, jd, unmanned, rakuten, flight, delivery, recently, operating, drones, partnership, jdcoms, japan. -
Kenya's big box grocers are revamping their look (Video)
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As the middle class grows in Kenya, so does the spending potential. Traditional big box grocery chains in Nairobi are adapting to capture Kenya’s growing retail market.
Topics: concept, opened, kenyas, grocers, look, box, market, kenya, kind, big, supermarkets, food, operating, video, naivas, revamping. -
Nigerian logistics startup Kobo360 raises $30M backed by Goldman Sachs
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Nigerian freight logistics startup Kobo360 has raised a $20 million Series A round led by Goldman Sachs and $10 million in working capital financing from Nigerian commercial banks.
Topics: operating, startup, nigerian, raises, kobo360, app, working, 30m, goldman, backed, logistics, million, sachs. -
Shopify stock is up in pre-market trading as earnings blow past estimates
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Shopify stock jumped nearly 3% in pre-market trading today after announcing earnings that handily beat the estimates set by Wall Street. The Ottawa-based provider of e-commerce services for retailers reported earnings of $133.2 million, or $1.13 per-share, for the third quarter after posting a loss of $33.6 million, or 29 cents per-share, in the same […]
Topics: million, yearago, estimates, revenue, billion, techcrunch, shopifys, trading, shopify, past, stock, retail, premarket, operating, pershare, earnings, period, blow. -
Thrasio: €220 million to acquire Amazon sellers in UK
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Thrasio, a large acquirer of Amazon FBA businesses, has announced a commitment of 200 million pounds (220 million euros) to complete acquisitions of ecommerce companies in the United Kingdom. It has also announced the acquisition of Maximo Fitniss, its 11th acquisition in the UK. This expansion of operations in the… Continue reading
Topics: revenue, deals, acquire, amazon, operating, united, thrasio, uk, million, sellers, euros. -
Unpacking why Wayfair’s stock popped 23.7% today
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In the midst of the day’s news chaos both political and business-oriented, you might have missed Wayfair’s big moment: In regular trading today, shares of the online home goods retailer shot 23% higher. It was an eye-catching gain during a period when the domestic economy is troubled, unemployment is rising and consumer spending is slowing. Why […]
Topics: companys, wayfairs, rose, period, q1, techcrunch, operating, today, gross, unpacking, popped, million, wayfair, shares, stock. -
Why Every Company Needs an Operating Model [+ Steps to Build One]
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If you are running a business, odds are, you’ve already figured out your business model.
Topics: need, strategy, build, steps, systems, key, value, roles, operating, business, company, needs, model. -
‘Europe’s first autonomous delivery fleet’ operating in Vilnius
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Clevon, a startup from Estonia, claims a European first in the field of autonomous delivery. Several driverless carriers from the company are navigating public roads, delivering groceries in the Lithuanian capital, Vilnius.These driverless carriers, known as Autonomous Robot Carriers (ARCs), are serving IKI, a major supermarket chain in Lithuania. They…
Topics: fleet, operating, robots, orders, iki, carriers, driverless, customers, europes, city, autonomous, delivery, center, vilnius.