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{"id":12363,"date":"2024-01-30T21:49:23","date_gmt":"2024-01-31T04:49:23","guid":{"rendered":"https:\/\/blog2.neighbor.com\/storage-blog\/?p=12363"},"modified":"2024-01-30T21:49:24","modified_gmt":"2024-01-31T04:49:24","slug":"ecommerce-storage","status":"publish","type":"post","link":"https:\/\/www.neighbor.com\/storage-blog\/ecommerce-storage\/","title":{"rendered":"eCommerce Storage 101: The Smart Strategies You Should Adopt"},"content":{"rendered":"\n

When you first daydreamed about starting an eCommerce business<\/a>, you probably didn’t imagine running said business out of a guest bedroom, packed floor-to-ceiling with your product. <\/p>\n\n\n\n

While inventory storage <\/a>isn’t the most glamorous business topic, it’s no overstatement to say that effectively storing your product can impact both<\/em><\/strong> your profitability and efficiency. <\/p>\n\n\n\n

\n
Pay too much<\/em><\/strong> for storage, and your overhead will cut into profits<\/li>\n\n\n\n

Pay too little,<\/em><\/strong> and you may end up without enough space to properly manage and fulfill orders, impacting efficiency. <\/li>\n<\/ul>\n\n\n\n
When it comes to storage for an eCommerce business, you have a few options. But what method you should choose depends on a variety of factors, such as:<\/p>\n\n\n\n
\n
The amount of product<\/strong> you have\/the size of your business<\/strong><\/li>\n\n\n\n
The type of product <\/li>\n\n\n\n
How you’re fulfilling orders (i.e., yourself or through a fulfillment center– more on that later)<\/em><\/li>\n<\/ul>\n\n\n\n
Below, we’ll be diving deep into the two major choices for eCommerce storage. Then, we’ll talk about tips for choosing the right storage option and making the most of that storage space.<\/p>\n\n\n\n
$\"Various$ <\/figure>\n\n\n\n
E-Commerce Warehousing vs. Renting a Storage Unit<\/h2>\n\n\n\n
Whether you’re a brand new eCommerce business or a growing brand, there are essentially two major categories of storage space for eCommerce businesses:<\/p>\n\n\n\n
\n
Warehousing<\/a><\/li>\n\n\n\n
Storage units<\/li>\n<\/ul>\n\n\n\n
Within each, you do have a few sub-options, though. Let’s break down what those options are and why you might choose one storage option vs. another.<\/p>\n\n\n\n
The Benefits of Self-Storage Units<\/h3>\n\n\n\n
If you’re just starting out, chances are you’re storing your product in your home, whether in an extra room<\/a>, garage<\/a>, or right in your living room (true story).<\/em><\/p>\n\n\n\n
This is the beginning for most eCommerce businesses. After all, one of the major draws of starting an eCommerce business is that you don’t need to pay rent on a brick-and-mortar location.<\/p>\n\n\n\n
But once you begin to grow, you may find yourself quickly running out of storage space<\/strong> to the point where it inhibits your ability to locate products and quickly pack orders or simply enjoy yourself in your home– or both. <\/p>\n\n\n\n
This is when you’ll want to consider a self-storage unit. <\/p>\n\n\n\n
You have two main options here:<\/p>\n\n\n\n
\n
Self-storage facility<\/li>\n\n\n\n
Peer-to-peer storage<\/li>\n<\/ul>\n\n\n\n
Self-storage facilities generally offer easy access and are relatively inexpensive. Peer-to-peer inventory storage, available through marketplaces like Neighbor.com<\/a>, offers either equal or slightly greater convenience at a similar cost. <\/p>\n\n\n\n
Here are some of the benefits of using a self-storage unit over a warehouse space. <\/p>\n\n\n\n
Benefit #1: Great Low-Cost Storage<\/h4>\n\n\n\n
While renting a warehouse can cost thousands of dollars (and warehouse space often hundreds), a self-storage unit typically costs between $20-100, depending on the size of the unit. (Note: Car storage will be a tad more expensive. Check out the <\/em>average costs of car storage<\/a> in these 11 major cities). <\/em><\/p>\n\n\n\n
This makes it the perfect low-cost way to fix your product storage issues without spending much, making it the ideal solution in the early growth stages. <\/p>\n\n\n\n
Benefit #2: Convenient access<\/h4>\n\n\n\n
The problem with renting warehouse space is that you’re typically renting through a business owner who isn’t always stationed at their place of business.<\/p>\n\n\n\n
Storage unit facilities, however, typically stay open late (some even 24\/7) and make it easy to get in and out on your own. <\/p>\n\n\n\n
In addition to this, due to their popularity, there are self-storage facilities just about everywhere<\/em>, which means you’ll typically be able to find one close to home (which often isn’t the case for warehouses). <\/p>\n\n\n\n
\n \r\n
\r\n
\r\n
Can we pay you to store vehicles?<\/h2>\r\n <\/header>\r\n
\r\n
\r\n
List your unused space<\/h3>\r\n
People are earning $1,000s per year from their garages and outdoor space.<\/p>\r\n <\/div>\r\n
\r\n
\r\n
Approve your renters<\/h3>\r\n
You're in control. Approve who rents and the hours of access.<\/p>\r\n <\/div>\r\n
\r\n
\r\n
Get paid monthly<\/h3>\r\n
Sit back and collect automatic payments each month.<\/p>\r\n <\/div>\r\n <\/section>\r\n
\r\n

Earn $1,000s per year with your unused space<\/h2>\r\n