Monthly Archives: September 2009

Practical Tips

Practical EcommerceEach month, Practical Ecommerce asks industry insiders to share a great, innovative idea that could help an ecommerce company.  In July I recommended that sellers experiment with diversifying their product offering and suppliers (see here).

When I got asked this month, I got right to the heart of my business and recommended etailers consider the benefits of sourcing from China:

Look Further Afield for Inventory Sources
“With an unrivaled manufacturing infrastructure, sourcing direct from Chinese suppliers can greatly increase profit margins for small online businesses. By using a transactional marketplace rather than a supplier directory, buyers can select and purchase small volumes at a high frequency while utilizing inbuilt security systems – mitigating risk and maximizing cost-efficiencies.”
Diane Wang
CEO
DHgate.com

See the whole article here.