Question: I have my non-inventory items set up in QuickBooks, but I don’t see anything in my cost of goods sold account, and my sales numbers seem very low. Why is that? Answer: Chances are you don’t have your non-inventory items set up correctly. This is a common error for our industry, and one of…
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We live in an era of convenience. We want to be able to order food from our phones while we sit on the couch. We want to order band merchandise before the show to skip the lines. Now, we can order video game merchandise without having to turn off the console, thanks to Shopify. Venturebeat…
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Twenty years ago, James Cameron helped Paramount Pictures and 20th Century Fox to tally nearly $2.187 billion in ticket receipts through the release of “Titanic,” a three-hour,…
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The Vernon Company, Newton, Iowa, presented Jon Smith with the 2016 Vernon Account Executive of the Year award during the company’s annual National Sales Meeting held April 10 to 12 at the Renaissance Indian Wells in Indian Wells, Calif.…
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Donald Trump has gotten an early start on his reelection effort, having raised $13.2 million in the first quarter of 2017. According to Politico, much of that has come from merchandise sales.…
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In the soccer world, the word “plastics” usually comes with a negative connotation meaning a bandwagon or faux fan. But, in this case, Adidas is associating plastics in soccer with environmentally conscious jerseys. Sportswear companies are starting to look for ways of repurposing materials into apparel and footwear. Adidas, especially, has been on the forefront…
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Proforma, Cleveland, announced that a record 171 owners achieved million- or multi-million-dollar success in 2016, as 34 new members were recently inducted into its Million Dollar Club. This group of distributors, with cumulative sales exceeding a quarter of a…
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A popular saying holds that good things come in threes, but Wal-Mart Stores Inc. is hoping to add one more digit to the sentiment. Having acquired ShoeBuy, MooseJaw and ModCloth since late December, the…
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Ikea may have redesigned their classic blue tote bag, but it seems that demand is still high for the iconic item. Balenciaga, the French luxury brand, just released its Arena Extra Large Shopping Tote, which looks pretty darn similar to the old Ikea shopping bag. The difference is that this bag costs $2,145, rather than…
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The Magnet Group, Washington, Mo., welcomed industry veteran Ty Cannon as regional sales manager. Cannon will work with distributors in Washington, Oregon and Northern California. “Ty is a well-respected, passionate, driven individual, and we are thrilled to have him [as] part…
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