In: Dropshipping|Last Updated:

The humble financial statement. It’s never been more important for business owners to learn how to create and track one. Not only does the statement record critical financial data within a set period, but it has the potential to identify trends, potential opportunities, and lingering threats before they affect your bottom line.

But for the small startup or growing ecommerce brand, financial statements can seem extremely daunting. What are financial statements in the first place, and how are they supposed to be created and used in an ecommerce setting?

Thankfully, the conversations surrounding financial statements sound a lot more complicated than they really are. Let’s explore the many different types of financial statements, as well as their benefits and the tools available to create one for yourself.

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What is a financial statement?

A financial statement is a type of accounting document that details sensitive financial information in an easy-to-understand way. Any activities related to your income, expenses, or cash flow are recorded in a spreadsheet, chart, or similarly visualized report. 

In the ecommerce industry, there are many types of people who may be responsible for financial statements. Very small brands …

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In: Retailing Tips|Last Updated:
Non-alcoholic Drinks Are Coming Into Their Own

It comes as a shock to no one more than myself that for the past two years I have, for the most part, been avoiding alcohol. But I have to admit, drinking soda as an alternative doesn’t really appeal to me.  Happily, there are other options afoot, from companies that have thought through every aspect of the beverage crafting process to create something non-alcoholic, yet upscale, that feels like a treat.

Elevated drinking

Graham Wasilition’s company, Tennyson, has produced Black Ginger, made with botanicals but no alcohol. His goal, he says, was to provide an option for consumers looking for a high-end, elegant beverage they could sip, while not feeling out of place or short-changed.

“We created a bold, sophisticated, layered beverage that you drink in two-ounce increments, over the rocks or make a cocktail out of,” he says, adding that due to botanicals like dandelion, bergamot, and gentian root, his products are all better-for-you, too. 

The product is largely designed for Millennials and Gen Z who, “think about everything they put on and in their body,” Wasilition says. 

But, he expects this to appeal to everyone, from those choosing not to consume alcohol because it’s mid-week to abstainers. “It’s …

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In: Wholesale Advice|Last Updated:

What is Etsy? How do you dropship on Etsy? What are the benefits of dropshipping Etsy products? You’ve most likely got a lot of questions concerning the Etsy marketing platform. And I’ll answer all of them, as well as many others. But, before I tell you more about Etsy and what it can achieve for […]

The post The Ultimate Guide to Dropship on Etsy (2021) appeared first on Wholesale2B Blog.

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In: Retailing Tips|Last Updated:
AAPI Small Business Spotlight With Qurate Retail Group

In honor of Asian American and Pacific Islander (AAPI) Heritage Month, we are spotlighting Qurate Retail Group’s efforts to highlight AAPI-owned businesses as part of their ongoing Small Business Spotlight initiative. This program supports entrepreneurs from underrepresented groups with national on-air and digital exposure, along with various other in-kind services, sourced through RangeMe.

Qurate Retail Group’s Small Business Spotlight gives these businesses the opportunity to showcase their products to a national audience through their leading retail brands including QVC, HSN, and Zulily. QVC and HSN reach a combined total of more than 90 million homes via five television networks and reach millions more via multiple streaming services, social pages, mobile apps, and websites. In the online retail space, Zulily serves millions of Moms everywhere by offering a fun, personalized shopping experience. 

Read through the stories and experiences of four of the AAPI-owned businesses selected by Qurate Retail Group below.

M2Ü NYC

Born and raised in Taiwan, Amy Granger’s first makeup experience was in her mid 20’s after coming to the U.S. to attend graduate school at the Massachusetts Institute of Technology (MIT). Getting a beauty makeover at a major department store left her feeling unrecognizable, and not in a good …

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In: Dropshipping|Last Updated:
How to Make Money Online: 28 Real Ways to Earn Money Online

From online lottery to stuffing envelopes at home, there are lots of popular get-rich-quick money-making ideas that always pop up. Do they work? Not really. Will you make money doing it? Maaaybe. But you’d probably make more money from your 9-to-5 job. At least then it’s a guaranteed paycheck. 

The truth is there are real ways to make money online​​—millions of people are doing it each day. From freelance digital nomads to savvy marketers to rising entrepreneurs, there are plenty of business ideas you can try at home using your laptop and a solid internet connection. So let’s break down some real ways to make money online.

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How to Make Money Online: 28 Real Ways

1. Start dropshipping

Let’s start our list off with one of the most popular ways to make money online. According to Google Trends, dropshipping’s popularity is rising, highlighting its viability as a business idea. With success stories about how an entrepreneur made $ 6,667 in eight weeks or how a store owner made six figures selling just one product, there’s plenty of proof that dropshipping is a real way …

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In: Wholesale Advice|Last Updated:

Quite often, our clients ask: what is the purpose of building an e-commerce website for my dropshipping store? Our response is simple! All across the world, people are increasingly turning to e-commerce websites to search for goods and services and find the things they want. That tendency is unlikely to change, in my opinion. Do […]

The post How to Build an E-Commerce Website for Dropshipping appeared first on Wholesale2B Blog.

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