Blog |
Blog |
Each and every online retailer wants to be successful and grow the business, which is possible only if ultimate customer support is provided. Do you know what your customers want and what will bring smile to their faces? Keep on reading to know more about this….. Comfortable Buying Experience When a customer is coming to your online store with the intention of buying something, it becomes your responsibility to make the entire buying process easy and smooth. Wrong information relating to stock can misguide your customer. For example, if you have displayed an item on your store which is already out of stock and the customer orders that item. You fail to deliver that item and the customer gets dissatisfied. The solution to this problem would be to integrate your store with an online inventory management system which update the stock levels on your store and marketplaces as well as update you about the low stock issues. Systematic Order Fulfillment All the customers buying online want to get quick delivery without any hassles. With the help of good inventory management software, the process of pick, pack and drop becomes speedy and thus the products are delivered to the customers quickly. The details of items stored in which corner of the warehouse are available in the inventory management software with the help of barcodes and thus picking becomes quick. Inventory management system also helps in printing shipping labels automatically which makes the process of packing and shipping easy. Thus, deliver products quickly and gain reputation in online retail business world. Manage Suppliers Easily
Compare the prices of different suppliers and send purchase orders to them automatically with the help of inventory management system. As soon as a particular product goes below a certain inventory level, the purchase order is sent to the supplier and thus, low stock issues can be managed in a smart manner. As soon as you get the products ordered to your suppliers, the quantity gets automatically updated on your store. You have a handy list of all your suppliers and know who supplies what. This makes the entire process of online selling easy, ultimately benefitting your customers. Access Reports and Analyze the Performance You would definitely like to know the performance of the products you sell and the marketplaces you sell through. Which product is highly sold and which one is not sold at all can be known from the sales reports generated by your online inventory management system. With the help of these reports and insights you can analyze the present situation of your online business and take future decisions which would benefit your customers and lead you to increase in sales as well as profits. Have a Customer Oriented Approach… Providing best customer support has more positive impact than marketing. One happy customer can lead you to thousands of other customers and one angry customer can ruin your business also. So, just integrate your online business with inventory management system and automate all your tasks related to stock and order management. Provide 24/7 support to your customers and gain positive reviews from them. So, just go for it…. Start using E-Seller Hub an ultimate inventory management system which is a key to keep your customers happy.
0 Comments
Walmart is itself a world’s largest brick-and-mortar retailer and a fastest growing online marketplace. It is not at all surprising that it has 11,527 stores in 28 countries which include famous brands like Sam’s club and other 63 banners. Having posted $482 billion revenue in fiscal 2016, Walmart serves around 260 million customers each week and has employed 2.3 million people!!! It has been known from sources that last week, Walmart has announced to acquire 2 year old e-commerce company jet.com for $3 billion cash as well as upto $300 million shares which belong to the founders and others at the company. This was the major step taken by Walmart to stay competitive against Amazon which has become the most popular online marketplace these days. In 2015, there were 1.46 billion digital buyers all over the world. In 2019, it has been estimated to increase upto 2 billion. Thus, e-commerce world is going to be highly competitive day by day. This deal had become a necessity for Walmart because it wanted to fulfill a giant gap between its annual sales which is $14 billion – just a fraction of what Amazon is making - $99 billion. But, will this strategy of buying a startup e-commerce store like jet.com would prove to be successful for Walmart?
Below mentioned are some facts which state that the chances of successful outcome are next to impossible.
Now Marc Lore would be managing Walmart.com as well as Jet.com and probably reporting to Doug McMillon. The reason of getting Walmart attracted towards Jet.com was its Marketplace Management System. It provides higher discounts on higher purchase by the customer and at the same time, a merchant can accept the order only if the deal has been profitable. So, now future can only decide whether the deal of Walmart acquiring strong leadership of Jet.com proves to be profitable or not. |
E Seller HubAt E-Seller-Hub we are completely focused on making bespoke solutions driven your online business logic. We do not believe in providing you with a generic solution, instead we understand that every business has different logics and a specific way of conducting business across multiple marketplaces.So we put major emphasis on understanding your business needs and requirements to carve out an Inventory Management Software that is tailor made just for you. Archives
May 2019
|