October has been exciting for the Flieber Team as Flieber Sales has officially launched!
Continue reading to learn a little more and check out other Flieber product updates that released this month, including a feature that will be deprecated.
Here is a TLDR:
According to a study from the IHL Group, inventory distortion (i.e., stockouts and overstocks) will cost retailers nearly $1.8 trillion in 2023. That’s roughly the size of Brazil’s entire GDP.
The impact of stockouts on customer satisfaction can be devastating for modern commerce brands. In 2022, more than half of global e-shoppers reported being unable to purchase products due to stockouts.
According to one McKinsey survey, 71% of consumers said they switched brands or retailers when they couldn’t find their desired product in stock. Only 13% stayed...
You’re doing well on Amazon and you know it’s time to branch out into other channels. You also know there's a huge opportunity in adding Shopify to the mix.
September’s big update is about the now publicly available API! Read on to learn more about it. Don't forget to check out this month's latest blog posts.
Here is a TLDR:
As an online retailer, you know that managing your inventory levels efficiently is becoming ever more critical to your bottom line.
You can’t afford stockouts, but you also can’t risk tying up your capital in excess inventory. You have to find that Goldilocks “just right” number for each SKU.
One of the best ways to do that is to figure out your optimal inventory to sales ratio.
As an e-commerce retailer, no two days are the same, especially when it comes to balancing your sales and inventory.
With peak season around the corner, do you push hard on sales and risk going out of stock? Or do you relax your sales activities and risk not selling enough?
Optimizing your inventory for seasonal variations takes focus, energy, and more manual work than you probably have time for. But failing to plan for seasonality could cost you even more.
August’s product updates has two main categories: Flieber Integrations and UX updates. Also, the exciting introduction of Flieber Lite! Check it out here.
Here is a TLDR:
With the rise of generative AI like ChatGPT, Bard and Adobe Firefly, there is great potential for DTC brands to increase their productivity using the power of machine learning.
If the rapid growth of the e-commerce industry has taught us anything, it’s that consumer demand can fluctuate wildly for even the simplest of reasons, throwing off your inventory forecasting.
“We demanded the best contract in the history of UPS, and we got it.” Those are the words of Teamsters General President Sean M. O’Brien in a recent release announcing the historic UPS contract agreement.
