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Are you planning to launch an e-commerce business but don’t know the right platform to sell to your customers!  In the battle between Amazon and Woocommerce, their strengths and weakness cannot be further apart. This further confuses new sellers about which route to take and this question would definitely be in the top 20 questions our sellers ask us. The right answer is to use both! Today the digital world offers a wide array of options for online sellers to sell and diversify their product lines. Since customers and buyers are spread all across, it is essential to embrace multi-channel selling. It is important to make use of already established e-commerce stores or open your own online store.    Whether you are launching a new online store or want to start out in the e-commerce business, keep on reading this article to know which platform out of Amazon and WooCommerce is best suited for all your business needs!    The Praxis of Amazon    No matter what, Amazon has become one of the g

The main problem that e-commerce sellers encounter is not knowing when and how many items to restock. In a nutshell, e-commerce companies need to know the optimal volume to restock otherwise it puts them at jeopardy of overstocking and understocking. We want to dodge these three scenarios because overstocking means holding excess inventory sitting on warehouse racks where the long-term storage fees will start racking up (especially in Amazon warehouses) to a substantial number. The long-term warehouse fees can be around 20-30% of your inventory cost, another reason to avoid overstocking. Understocking should also be avoided because you will miss opportunity cost for not being able to sell if the item had otherwise been restocked to the optimal amount. The table here shows the inventory status of these 5 items. The items are classified by their restock status with the items that need critical restocks showing up first and the least urgency on the bottom of the list. Items that are out