You’ve found the perfect niche for your subscription box company and you’ve mastered the art of unboxing. But how do you make sure all your hard work pays off and that your items don’t get damaged during the shipping process? Keep reading for some helpful tips on maximizing your subscription box assembly procedures.
There’s a new phenomenon going around online: unboxing videos. Consumers purchase products online, wait for them to ship, and then video someone opening the package. Why would viewers care enough to sit through an entire video of some stranger opening a package? Because the unboxing experience is that important. Before consumers purchase products online, they often do a bit of research to find out if companies deliver what they promise. By watching an unboxing video, viewers can get an accurate picture of what to expect from the desired products.
After reading our subscription box business starter guide, you may now be ready to dive deeper into the more specific aspects of your business as we promised. Since money is usually at the top of every business agenda, we’ve decided to tackle this one first.
Many seemingly contrary methods of determining prices for products and services of all kinds litter the Internet and tend to create mass confusion among eager entrepreneurs like yourself. Don’t panic. We’ve done our best to keep it simple and at least get you started.
We’re also not going to bore you with stupid formulas about how to come up with your cost of doing business. You’re an adult. Find a friend who’s good at math and add up everything you need to make your specific box business work (cost of products, assembly, shipping, marketing…). It’s going to be vastly different for every business. For the sake of time and sanity, this article will focus specifically on the subscription box industry.
Many people dream of being entrepreneurs, and are turning to subscription box businesses. With a subscription box company, you choose what kinds of products to offer and bundle them together into one package. Customers sign up to receive the products on a regular basis, usually monthly. For example, if you sell a subscription box containing beauty products, during summer months you could include sunscreen and lip balm. Subscription boxes, although a relatively new concept, are a great way to build your own business.
The concept of product kitting is becoming increasingly popular as more and more businesses try to reduce their packaging costs and other related expenses. In some cases, the products require a number of items to be sold in conjunction with one another. Packs and kits thus come into play but, as you may realize, this also entails a lot of time to combine or assemble them together, as well as the need for warehousing.
With multiple factors to consider before signing on the dotted line, selecting the right third party logistics partner (3PL) is not an easy task. However, by understanding what you need to look for and how it affects your business, selecting a 3PL becomes a simple task for any business. If you’re trying to find a logistics partner, here is a simple 5-step guide that will help make the process easy.
Data interchange in some form has been a vital part of business operations since the invention of writing. While the difficulty of transporting documents for transcription was a part of life that companies simply accepted, in 1996 the first onset of electronic data interchange hit markets. Since then, advancements in internet technology and routing practices have made EDI an essential part of any streamlined and efficient business.
The word logistics is used extensively, but surprisingly, not as well understood as it should be. It is more than just simply warehousing, kitting, transporting and distributing your products. The very nature of logistics can change depending on the field of logistical service or solution required. As such, we are going to help you understand a few of the different fields of logistics.
As a growing business, we know that you are no stranger to logistics. With a focus on gaining a strong footing in your industry, there is a chance that you, like millions of others, considered the prospect of Logistics. Unfortunately, the myths that surround logistics could be holding your business back. Here are 3 common Logistics myths and why they are not true.