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04-05-2020
Etycoon
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Inventory planning
Whats your thoughts....?
Like many I have seen a huge increase in sales, but I am fully aware of a impending recession subsequent of Covid-19.
my orders generally take 2-2.5 months to arrive.
This making it difficult to plan my next order as its non-essential (Toys and Gams Cat.)
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04-07-2020
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Re: Inventory planning
hard to say, I think online shopping will probably pick up if most people are in lockdown
but if tons of people are out of work, maybe that balances things out
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04-07-2020
agent006140
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Re: Inventory planning
yeah,instead of buying from you,they could be your competitors,everyone knows how to order from Aliexpress
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04-07-2020
Etycoon
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Re: Inventory planning
Good thing all my products are customised and branded then.
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04-07-2020
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Re: Inventory planning
I would not invest in this difficult time, its much worst to come even after lockdown people will have no jobs etc it quite scary
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04-07-2020
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Re: Inventory planning
Quote:
Originally Posted by
e2free
I would not invest in this difficult time, its much worst to come even after lockdown people will have no jobs etc it quite scary
I totally agree. ill defo scale it back as precaution.
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