Keep An Eye On Your Suppliers!
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I don’t think I’m going out on a limb here and when I say that if you have an online store, you’d better be on top of all of the changes that your suppliers make. They make them constantly and throughout the year. Adding new products, taking off discontinued products, price changes and lots of other factors determines how well you do in your online business.
For example, I’ve been on vacation for a few weeks, technically speaking for about a month now. In the month of April, several of my suppliers upped their shipping prices. Several of my suppliers discontinued products and added new items. I am sure that I have not kept up to date with all of this and yesterday, I almost lost money because of it. I’m a one man crew (well, my hubby helps every now and then), so when I don’t have someone backing me up and keeping on top of things, I have to pay attention to my emails. Thankfully, my supplier understood my dilemma and made concessions to help me out, so the deal was sealed and I did make some money.
It’s not always easy to get out of a fix like that. Just keep in mind that automation will happen, but not overnight. The store will still be open, but you have to keep your stuff up to date. By the way, does anyone know where I could find a tankless water heater? I need to cut down on my electric and water bill and I heard that might do the trick.
Keep An Eye On Your Suppliers!
I don't think I'm going out on a limb here and when I say that if you have an online store, you'd better be on top of all of the changes that your suppliers make. They make them constantly and throughout the...
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