Effectively Managing Time as an E-Commerce Entrepreneur

Podcasts | July 7, 2016

Time. It’s the most valuable asset you have.

It’s impossible to stop time, so you’re forced to manage it as effectively as possible.

E-commerce entrepreneurs understand the challenge of time constraints all too well. In between dealing with suppliers, building a website, generating sales, and servicing customers, you have to find time to actually fulfill orders. As you continue to grow an online store, you suddenly find yourself spending so much time picking, packing, labeling, and shipping that you might as well be considered a package handler. Fulfillment–once relegated to the garage or back office–now becomes the biggest hindrance to the growth of your business.

On the April 12th episode of the Unofficial Shopify Podcast, iD CEO Dan Arriola discusses the ways in which outsourcing fulfillment can save e-commerce entrepreneurs tens of hours each week to focus on other areas of the business.

A few of Dan’s tips are listed below. For a full explanation of outsourced third-party logistics (3PL), please download Dan’s podcast episode here: https://simplecast.com/s/69cb8607

Focus Your Expertise – Don’t spend the time and energy required to become a fulfillment expert. That’s not the best use of an e-commerce entrepreneur’s limited resources. Let an expert fulfillment partner with decades of experience handle your logistics. In addition to seamless integration, a fulfillment partner can provide suggestions on packaging, inventory management, and peak season support.

The Best Shipping Rates – By working with a 3PL provider, smaller online retailers have access to discount pricing with the major freight carriers. Rather than spending an exorbitant amount of time negotiating rates as an independent business, let a 3PL expert with hundreds of thousands of aggregated orders use their leverage to get the best rates possible.

In many instances, switching to a 3PL provider immediately saves e-commerce entrepreneurs 15-20% on shipping costs.

The Power of Flexibility – While seemingly convenient, services like Fulfillment By Amazon (FBA) are not configured to support fluctuations in your business. As packing weights change, promotions run, and inventory levels vary, FBA and it’s competitors will force you to open change request tickets and may even refuse to fulfill your orders.

Thanks to the personal service and flexibility offered by 3PL experts, business fluctuations are handled with no issues. It’s as easy as a phone call or email to your dedicated account executive.

The three benefits listed above are just a few of the reasons e-commerce entrepreneurs should consider partnering with a fulfillment outsourcer. Don’t spend the critical time you could be out growing your business stuck behind boxes in your spare office. Time is one of the only resources you can’t stockpile – it’s important to use it wisely.

For even more information, please download the April 12th episode from the Unofficial Shopify Podcast.