What is MOQ? In wholesaling, retailing and manufacturing, a minimum order quantity is often seen to be a necessary evil. Some businesses love it, others hate it, but some businesses must use it. What exactly is a minimum order quantity? What are the benefits to suppliers? How can buyers deal with it effectively? Continue reading to find […]
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If you’re brand new to eCommerce, understanding a few fundamental principles will put you five steps ahead of the competition. The Minimum Order Quantity is one of them (MOQ). When you don’t make your goods, such as a dropshipper, MOQ is especially important. Currently, the majorities of online store owners either use dropshipping or purchase […]