E-commerce & Drop-shipping

It is becoming more and more common for businesses to adopt e-commerce practices that do not require them to have a physical shop nor to hold stock. Instead, businesses make their goods available online ready to ship around the world. Online platforms like Shopify, Etsy and Amazon, for example, are perfect for such sales as they take some of the burdenoff of a business owner.

Nonetheless, despite all of the flare around this business model, there are a lot of aspects to consider especially when seeking to obtain a higher margin off the sales. Contracts, as well as correct definition of shipping terms (Incoterms) in these cases may help you save on delivery costs, negotiate the right conditions with manufacturers and distributors. You’ll have to properly look at the terms proposed and ensure you are able to structure your supply chain in the best way.

If you’d like to ensure your e-commerce business is cost-efficient and sustainable, contact VN Consulting for an assessment.