Fun

Happy International Coffee Day

Here at Orderspace we are unashamedly fond of coffee. It is stimulating, comforting, energising and sometimes just the act of making a coffee provides the break we need to solve a problem that has been bothering us for hours! So in honour of international coffee day, here are some interesting

Orderspace

Covid-19 Makes B2B E-Commerce More Important Than Ever

We are living and working in a very different world to the one we enjoyed before Covid-19, and it is pushing us even faster to rely on technology more for our businesses to survive and succeed. Now more than ever, Orderspace can help you: 1. Service your customers from all

Business

Preparing For A No Deal Brexit

With no agreement currently on the table, in the event of a no deal Brexit, we are offering some basic guidance to our UK customers to keep business running as smoothly as possible when importing or exporting goods. We understand this is a worrying time for businesses but, despite all

Efficiency

How to Manage Backorders Efficiently

Backorders are orders for goods or services that you can't fulfil at the time of order due to insufficient availability. Depending on your business model, you may routinely take many backorders, or they may be a rarity. Either way, backorders are an essential factor in inventory management analysis.

Trade Show Tips

How to Create a Realistic Trade Show Budget

According to the Trade Show Institute, the average trade show exhibitor spends 47% of their budget on the exhibit alone. This includes the design cost (11%) and renting exhibit space (36%). So it is a good idea to allocate around 50% of your total budget to your trade show exhibit

Wholesale

How You Can Help Your Stockists Deal With Returns - And Why You Should Want To

With e-commerce growing exponentially, the number of items being returned to retailers is also on the rise. Not only in number, but also in proportion as more businesses offer free return schemes. It is estimated that returns from online purchases cost UK retailers £20bn a year, with this figure rising

Business

PR for Small Businesses - The DIY Option

PR is something that many small businesses struggle with. If it is not your area of expertise, you have three choices; outsource, hire-in or add it to the list of things that you have to learn (and execute) yourself. Some experts suggest that, until you have a PR budget of

Business

3 Golden Rules to Make Life Easier For Your Stockists

The title could just as easily have been '3 Golden Rules to Make More Profit'. You see, the easier it is for your stockists to work with you, the more orders they will want to place. If they come up against too many obstacles, unless your offering is

Orderspace

Volume Discounts

Volume discounts are a popular sales strategy for wholesale businesses. They act as an incentive to encourage buyers to purchase goods in larger quantities. Our volume discount feature allows you to reduce the price of an item based on the quantity ordered. Discounts can be calculated as a percentage off

Wholesale Featured

How To Manage Pre-orders Efficiently

Pre-orders are orders that are taken for products or services that are not yet available. Many wholesale businesses operate a pre-order system, as they release seasonal or yearly collections. Pre-orders allow businesses to plan production effectively. When providing information to your customers about a pre-order, you need to provide the

Orderspace

Mobile Support, Editable Navigation and More!

We have just released a significant update to OrderSpace, bringing an improved ordering site experience for mobile users, editable navigation and much more. Ordering on Mobile Your ordering site is now fully optimized for mobile, meaning customers can order with ease while on the move. Every part of the site

Stock

Six Expert Tips For Successful Stock-Taking

The stock-take. Certainly not my favourite pastime, but one that is crucial if you hold stock. Here are my tips for successful and easy stock-taking: 1. Make sure the stock-room is tidy and well organised before you start. Stock-takes need to be systematic and thorough. 2. Ideally you should lock

Wholesale

Getting Started With Wholesale - Your First Retailers

For a new brand, reaching out to retailers can feel intimidating, so the more prepared you can be the better. Hopefully you have read our post How To Approach New Stockists, but if not I strongly urge you to do so! Here are some great ideas to help you feel

Business

Working With Subscription Commerce Businesses

Subscription businesses are nothing new, Readers Digest launched their first issue in Feb 1922, but it is in far more recent times that we have seen the rise of the subscription box. There are hundreds of different types, from pet food to underwear, cosmetics to craft supplies for children. This

Wholesale Featured

Why your retail website won't work for your wholesale customers

In my previous life as a lingerie buyer, I came up against all manner of ordering systems. I use the phrase ‘came up against’ because this is how it was: a battle to place orders. A frustrating, stressful, daily fight that only became worse as time went on. You see

Wholesale Featured

Getting Started With Wholesale

It is a big decision to start wholesaling your products, and some small businesses approach the concept with great trepidation. However, as with most things in life, with some consideration and planning you can enjoy a smooth transition into the next exciting phase of your growth. I've answered

Inventory

What To Do With Surplus Stock

Surplus stock can be a real headache as it takes up space and locks up cash that could be used elsewhere. It is a common issue at the start of the year, after the holiday period is over. Your strategy will depend on the nature, shelf-life and seasonality of the

Business

Efficient Order Processing in Five Simple Steps

Let me start by saying this is firmly aimed at the smaller business. If you are operating with a big warehouse and lots of staff, this probably isn’t the post for you! Head on over to ShipStation for some fantastic resources for larger operations. So, with that disclaimer out

Wholesale

Keeping Your Online Retailers Happy

I write this from personal experience in online retail for the best part of a decade. I spend a lot of time talking about how wholesale businesses should define the perfect retailer, well here is my idea of how a perfect supplier might have looked to me when I was

Wholesale

How To Build Strong Supply Chain Relationships

Building solid relationships with your suppliers is crucial to running and efficient business. Here are some of the key ways you can create, and maintain good partnerships within your supply chain: 1. Make sure you get to know your key suppliers. Ideally, meet with them regularly at their location so

Wholesale

Understanding Wholesale Supply Chains

Managing your supply chain is a crucial part of running a successful wholesale operation. Stripping away all of the business jargon, in essence, this just involves building and maintaining a good relationship with every organisation that supplies or serves you, or receives goods or services from you. So, depending on

Wholesale

Combatting Stock Control Problems

In this new series of posts I will be looking at some common problems faced by small to medium-sized wholesale businesses when processing their orders, and suggesting ways to address the issues. Today's focus is stock control because this is at the core of any wholesale business. Scenario

Wholesale

How To Minimize Backorders

If backorders are a recurring problem for your business, we have some helpful ideas on how you can minimize them. 1. Keep a closer eye on inventory Monitoring your inventory closely will give you a better feel for any products and line items that are consistently selling out. You may

Business

Wholesale and Retail Customers - Are They Really That Different?

As part of my mini-series looking at the move from wholesale to retail, I am looking at the differences between supplying wholesale and retail customers. If you are making the move from pure wholesaling to retailing, or indeed the opposite shift, knowing these (sometimes subtle) differences will help you to

Trade Show Tips

Five Tips For Following Up Trade Show Leads

If you are exhibiting at trade shows and events, following up leads is an absolutely vital part of the process. According to Center for Exhibition Industry Research (CEIR), 80% of tradeshow leads receive no follow up. This is a terrible statistic because it is a waste of time and money