Growth and Scaling Tips from a Shark by Daymond John

Daymond John is a presenter at the Inventory Management + Growth Summit.

An entrepreneur in every sense of the word, Daymond John has come a long way from taking out a $100,000 mortgage on his mother’s house and moving his operation into the basement. John is CEO and Founder of FUBU, a much-celebrated global lifestyle brand, and a pioneer in the fashion industry with over $6 billion in product sales.

He is an award-winning entrepreneur, and he has received more than 35 awards, including Brandweek’s Marketer of the Year, Advertising Age Marketing 1000 Award for Outstanding Ad Campaign, Ernst & Young’s New York Entrepreneur of the Year Award. Plus, he ranked #4 on LinkedIn’s Top 20 Voices, a list of the top influencers in the U.S. worth following to get inspired and stay informed.

His marketing strategies and ability to build successful brands have made him a highly influential consultant and motivational speaker today. His marketing firm The Shark Group offers advice on how to effectively communicate to consumers through innovative means. And it connects brands with the world’s top celebrities for everything from endorsements to product extensions. John is also an author of four bestselling books, including his New York Times bestselling The Power of Broke (2016) and Rise and Grind (2018).

Finally, he’s celebrating his 11th season on ABC’s hit business show Shark Tank by acclaimed producer Mark Burnett. It has now gone on to win four Emmys, and millions of weekly viewers tune into the show as John demonstrates his marketing prowess and entrepreneurial insights.

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How to Manage Old Antiques with New Inventory Software

Antique inventory management can be done on paper or with software, Fishbowl Blog
Antiques inventory management can be done on paper or with software, Fishbowl Blog

It might seem anachronistic to talk about managing antiques with state-of-the-art inventory management software. But the truth is that you can track virtually anything with modern tools. Antiques are no exception. You can use the following features found in inventory management software to keep a close eye on your antiques:

  • Tracking criteria
  • Multiple locations
  • Barcode scanning
  • Consignment
  • Point of sale

We’ll go through each of these topics in this blog post. And then you’ll be free to decide if an inventory solution is a worthwhile investment for your antique business.1

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Are You Ready for 2021?

Are you prepared for 2021?
Are you prepared?

There has never been a year like 2020. With unprecedented restrictions placed on businesses and individuals, we’ve experienced major declines in production, consumption, and travel. As a result, it’s been hard on just about everyone’s mental health and wallet.

What will 2021 be like? Will we see a dramatic recovery like none we’ve ever experienced, or will we continue to slide down or even see an economic or stock market crash? Hard to say. But you can be prepared for either a positive or negative eventuality by using inventory management software to make your business processes as efficient as possible.

We will discuss how manufacturers, ecommerce businesses, wholesalers, and retailers can get ready for the New Year by implementing inventory management software.

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40 Industries Fishbowl Is a Perfect Fit for

Fishbowl offers solutions to inventory management problems.
Fishbowl is a perfect fit for dozens of industries, Fishbowl Blog

Fishbowl’s manufacturing and warehouse management software is used by hundreds of companies in dozens of industries. Here are 40 of those industries, although there are many others that we could list. We’ll describe some of the features found in Fishbowl that apply to each industry, and we’ll also link to pages with far more information and links.

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How Fishbowl Helps Hardware Stores

Work tools, Fishbowl Inventory Blog
Work tools, Fishbowl Inventory BlogThe Business Journal recently published an article entitled “Local Hardware Stores Adapting to New Era of Competition.” It offers an intriguing look at the current position of hardware stores as they work to hold onto older customers while also educating and appealing to younger customers who are not as familiar with a DIY mentality. The article mentions Fishbowl CMO Kirk Tanner when it discusses how companies can use inventory management software to plan for fluctuations in demand: (more…)

EDI 101: A Crash Course

EDI 101 - a crash course, Fishbowl Blog
EDI 101 - a crash course, Fishbowl BlogThe big box retailer that you’ve been trying to get into just agreed to your first big purchase order, but now they want you to implement EDI and you’re uncertain of everything that it requires. Sound familiar? Many of your fellow vendors implement EDI because a major retailer or other key customer demands it. Why? EDI streamlines and improves workflow and it enhances supply chain visibility and predictability. Digital transactions processed through EDI are so efficient that companies that use these systems often give preference to trading partners that already have EDI in place. While it’s true that having an EDI solution can give you an edge in negotiations, EDI can also help support your business’s success in the modern digital retail world. (more…)

Making Sure Your Store’s Equipment Stays in Working Condition

Proper maintenance is a key component to keeping your equipment running smoothly, Fishbowl Blog
Proper maintenance is a key component to keeping your equipment running smoothly, Fishbowl BlogRunning a store requires the use of a wide variety of equipment. The kinds vary, but examples include shopping carts, display racks, hand trucks and conveyor systems. Some stores may even have the need for large machinery and motorized tools, such as paint mixers, lifting equipment or refrigeration units. Taking steps to maintain equipment like this can save you money, prevent accidents and avoid lawsuits. Follow these tips for making sure your store’s equipment stays in working condition. (more…)

Checkout Crash Course: Making Your Online Storefront More Secure

Protect yourself and your customers with some online storefront security, Fishbowl Blog
Protect yourself and your customers with some online storefront security, Fishbowl BlogToday, there is a growing concern over online data security, especially with the prevalence of data breaches among large companies. For e-commerce companies, owners have a responsibility to their customers to make sure they’re taking the necessary steps to keep customer data safe and secure. Fortunately, there are a few steps all online business owners can take on their own to increase security for any online storefront, boost customer confidence when shopping, and keep clients coming back time and time again. (more…)

Fishbowl Compatibility: Merchant Services

Fishbowl is compatible with many merchant services, Fishbowl Blog
Merchant services allow businesses to accept credit and debit card payments from customers. That’s a pretty integral ingredient in having a successful business, especially when you think about how many people pay with plastic instead of paper and coins.

Fishbowl’s Compatibility with Merchant Services

Fishbowl is compatible with many merchant services, Fishbowl BlogFishbowl is compatible with a number of merchant services providers: (more…)

Fishbowl Compatibility: EDI Solutions

Fishbowl works with EDI solutions to allow vendors to work with big retail chains, Fishbowl Blog
So you’ve got a bunch of great products and you’re looking to make the leap into the big leagues, doing business with some of the biggest retailers, like Target and Wal-Mart. What’s the most important thing you need to get? An EDI solution!

Why EDI Is So Important

Fishbowl works with EDI solutions to allow vendors to work with big retail chains, Fishbowl BlogEDI stands for electronic data interchange, and it is incredibly important to wholesale distributors, manufacturers, and other businesses that ship lots of goods to retailers. Big retailers won’t even do business with you unless you have an EDI solution. What an EDI solution does is it takes all of the information about an order that you need to send to retailers and it formats it to meet their specifications. (more…)