For cross-border e-commerce sellers and overseas warehouse service providers, the turnover rate of goods is very important. In order to improve the cargo turnover rate, some factors need to be considered, among which product selection is one of the key factors. So. What are the factors that influence overseas warehousing on product selection?
1. Products with relatively high unit price per customer: Stocking overseas warehouses can reduce logistics costs and improve last-mile delivery speed, but you need to pay warehousing fees, logistics fees and value-added service fees, so the unit price per customer of the product needs to be higher. High can increase store profit margins.
2. Seasonal products: Seasonal products require relatively high timeliness. Once the best time is missed, it will be difficult to sell the product. Therefore, overseas warehouses need to prepare goods in advance. Once the delivery time is too late, the goods cannot arrive in time, which may easily lead to a backlog of goods.
3. Products with high demand: For some daily necessities, the market demand is high and orders are easy to burst. Overseas warehouses with stocking can quickly process orders and increase the cargo turnover rate.
In order to improve the cargo turnover rate of overseas warehouses, overseas warehouse service providers also need to access intelligent and efficient overseas warehouse systems. Through the product analysis function of the overseas warehouse system, it provides cross-border e-commerce sellers with sales analysis of hot-selling products and the most intuitive analysis of sales growth trends, allowing sellers to determine the category and quantity of stock through comprehensive analysis and reduce the risk of backlog of goods. At the same time, the cargo turnover rate is improved.
In addition, the Yijingtong overseas warehouse system also supports in-warehouse distribution functions, allowing you to freely set commissions and clearly settle agency bills. Overseas warehouse distribution malls can effectively gather high-quality goods in the warehouse and increase the efficiency of goods circulation.
The above are the factors that overseas warehousing affects product selection. For cross-border e-commerce sellers and overseas warehouse service providers, the turnover rate of goods is very necessary. Because the inventory turnover rate can reflect the speed of inventory turnover and cash flow utilization, if the inventory turnover speed is slow, the inventory will be more and the liquidity will be lower, and the inventory will be converted into cash or accounts receivable. The speed will slow down. This will not only increase warehousing costs, but also increase the difficulty of handling goods in overseas warehouses, resulting in difficulties in capital turnover. Therefore, sellers must understand the impact of overseas warehousing on product selection.