Eseller hub is a reputable company offering the best Magento Supply Chain Management system for your business. So, buy and win the loyalty of your customers for a long term...! http://bit.ly/MagentoSupply
Wednesday 28 December 2016
Wednesday 14 December 2016
Amazon FBA Management | E Seller Hub
Do you wish to boost your online retail business by selling your products through the Amazon? If so, try using Amazon FBA Management where your inventory gets automatically updated over all the Amazon stores... http://bit.ly/AmazonFBAManagement
Thursday 8 December 2016
Why to Use Amazon FBA Inventory Management Software?
Inventory management
is the lifeblood of any retail business. Especially, if you are selling on
Amazon, you need to be very accurate in inventory management as you cannot take
this opportunity for granted. Around 300 million customers visit Amazon.com to
buy the products. It is a huge marketplace where 54 million loyal customers
have labeled themselves as “Prime Customers”. So, as an online retailer, you
cannot afford to be negligent in providing order fulfillment and customer
support.
What is FBA?
FBA (Fulfillment by Amazon) refers to a
facility provided by Amazon in which the online merchants sell the products and
Amazon ships the products. The sellers need to just ship their
products to Amazon Fulfillment center and the entire order fulfillment process
like pick, pack and ship is handled by Amazon. Besides order fulfillment,
Amazon also provides after sales support to your customers and frees you from
all the worries relating to order fulfillment and customer support.
FBA with Multiple Marketplaces
FBA has become quite popular
these days amongst online retailers. A question may arise in your mind is
whether FBA is for the products sold on Amazon or other marketplaces too? The
good news is that, Amazon FBA Management can be chosen as a fulfillment method even if you are selling
on other marketplaces besides Amazon. In fact, it becomes much easier to
fulfill orders through FBA especially if you are selling through multiple
marketplaces.
Order fulfillment using FBA is
altogether a smart decision but to enhance your business further, you need to
follow a systematic approach in managing and selling FBA products which is
possible with the help of multiple marketplaces management system like E
Seller Hub.
Manage FBA Product Listings
The inventory management software
syncs your FBA products with merchant fulfillment products in order to avoid
overselling and low stock issues. It tracks and refills the FBA inventory as
and when required and efficiently helps you in managing FBA product listings.
Integrates Multiple Marketplaces
Various marketplaces like Ebay,
Sears, Rakuten etc, are integrated with the Inventory
Management System and thus it becomes easy for you to
sell FBA products on other marketplaces also besides Amazon. All your FBA
product listings on various marketplaces are centralized and managed from a
single dashboard giving you the information about sales, orders, inventory
etc., on a real-time basis.
Clear Out Stale Inventory
With the help of inventory
management software, you can track which products are being sold and
which ones are not. You can decide and take necessary action for the FBA products
which are not being sold and save your business from incurring losses.
Automatic Order Tracking
As soon as your FBA product is
sold, the inventory management system notifies the FBA fulfillment center to
process the order fulfillment. Amazon fulfillment center then sends the
tracking information to the customer which satisfying your customer and
boosting your performance.
Reporting
With the help of inventory
management system, you can have access to the reports about sales, profit,
expenses etc. You can then decide on which products it would be profitable to
use FBA as fulfillment method and which products you need to ship yourself.
This would help you in taking smart decisions helping you to grow your online
business.
Conclusion
Amazon FBA would always be a better
solution if you are selling thousands of products as that would save your time
and resources spent on order processing like picking, packing and shipping.
Amazon would take care of entire order processing and after sales for your
products. Moreover, a smart inventory management system like Esellerhub
would turn your selling and order processing tasks into easy to manage asset
for your business.
Thursday 1 December 2016
Amazon Supply Chain Management - E Seller Hub
Amazon Supply Chain Management is all about proper planning, controlling and executing measures to offer customers a buying experience like never before. To know more, feel free to connect with our professionals today!
Monday 14 November 2016
Important Features of Online Inventory Management Software
Managing inventory is the
most crucial part of any online business. You need to maintain the
stock items available for sale on multiple marketplaces. Without a
well managed inventory, an online business can never be successful.
At the initial stage of your business, you can manage inventory
manually but on the long term when the business grows and you start
selling thousands of products, you really need automated inventory
management software to handle your inventory, it becomes difficult to
manage it with the help of spreadsheets.
To, solve this issue you
need to get your online business integrated with Online
Inventory Management Software which will ultimately
improve your productivity and profits of your business. Below
mentioned are some features which are highly essential in any online
inventory management software.
Inventory Syncing
The most important
feature is the inventory syncing across multiple marketplaces.
Accuracy in managing inventory obviously can lead to success of any
online business. You can easily know the status of the inventory at
present available. As soon as an item is sold the inventory gets
updated on multiple marketplaces and thus you can avoid low stock and
overselling issues.
Pick, Pack and Drop
The Order
Management System stores the complete information about
the inventory stored in various warehouses. So, it becomes easy to
pick the products as soon as you receive the order. The inventory
management software also helps you in printing the shipping labels
due to which the packing of the products become quick. Ultimately
order fulfillment is quick, easy and accurate if you are using online
inventory management software
Access to Reports
This is one of the most
important rewards any Online Inventory Management Software
can give. You can access various reports relating to sales of
products from various marketplaces. Based on that, you can take smart
decisions and experience ultimate growth of your online business.
Online retailers nowadays
look beyond business survival and implement an efficient inventory
management system. Inventory management software having excellent
features is useful to small as well as large online retail
businesses. It can be difficult to find a feature-rich inventory
management software at a reasonable cost. But, here we make this easy
for you by informing you about E-Seller Hub, which is excellent
inventory management software. It can also be customized as per your
business logic. So, just get in touch with us and we would give you
step-by-step features information about this excellent inventory
management software.
Thursday 3 November 2016
Why is Supplier Management Software Required?
As an online merchant, you require all
your suppliers to be managed accurately to ensure your business runs
smoothly and is risk-free. When it comes to handling hundreds or
thousands of suppliers, the task might get tedious. Even with best
human resources, managing high number of suppliers can really
stressful. Many issues like duplication in data, missing information,
outdated entries can become problematic for your online business. So,
no more dealing with these issues, integrate your store with supplier
management software and store everything related to suppliers at one
place
Benefits of Using Supplier Management Software
The basic thing is that without
technology at your rescue, it is really hard to manage numerous
suppliers and relationships with them especially when new suppliers
are coming up every day. Below mentioned are some benefits of
utilizing a good supplier management software which can speed up your
online selling processes:-
Streamline your Data
All the data relating to your suppliers
can be accessed from a single place. There is various information
like suppliers contact details, products supplied by them, history,
ratings by the customers given to the suppliers etc., can be accessed
from a single system.
Updated Information
If you are using supplier management
software, you get updated information about your suppliers on a
real-time basis. No more accessing old information and getting
misguided due to it. Without accessing right information at the right
time, many of your business decisions can go wrong and that would be
highly harmful for your business.
Reduced Costs and Risks
You can really cut down on costs and
risks by using a supplier management system because now you can
communicate and collaborate with your suppliers with the help of a
single system. Enable prompt communication and information sharing
with your suppliers and cut down risks like stock out issues. As soon
as the stock of a particular item goes below a certain level,
purchase order is sent to the respective supplier with the help of
supplier management system.
Monitoring Supplier Performance
You can now monitor the performance of
each and every supplier with the help of a supplier management
system. For the smooth working of your online retail business, it
becomes quite important to know which suppliers are efficient, quick
and quality oriented.
Reports and Insights
Your supplier management software
dashboard clearly displays the in-depth report about the suppliers
based on performance, period, compliance, quality etc. Get a 360
degree view of your suppliers and take smart decisions.
Just Go For It….
So, now you know all the benefits of
the supplier management system, you can get your store integrated
with it. Measure supplier performance as well as store all the
information related to your online store and marketplaces at one
place. Automate all the processes related to your online retail
business and improve its performance.
Wednesday 26 October 2016
Significance of Inventory Management Software
Nowadays you must be
hearing a lot about inventory management software and its importance
in running an online business. Inventory
management software also known as order management software
can help you in running your online business in a smooth way.
Managing your entire
inventory through an automated system can help you in saving your
time, become more productive and making your operations accurate as
well as systematic. One of the most crucial aspects of any online
business is sales. Inventory management software can help you
simplifying that too.
Manually managing
inventory can slow down and complicate your sales process. You will
be actually showing outdated inventory count to your clients and thus
many clients can get dissatisfied due to that. Adapt an automated
inventory management system like E-seller hub and reduce all the
paper-work involved in the sales processes.
Here we will discuss,
which tasks can be managed efficiently with the help of an inventory
management system:-
Track Stock Movements
on Real-time Basis
If you are selling on
multiple marketplaces, then you really need an Inventory management Systeme. I will tell you why? If a particular item on
your Amazon store gets sold, the inventory count automatically gets
updated on your Ebay, your magento store and any other marketplace
where you are selling this particular item. This would avoid
confusion, overselling and low stock issues. It gives you constant
and accurate information about what is going on with your stock.
Quick Order Processing
The order processing task
becomes quick and efficient. You can fulfill your orders at speed
because it makes the process of pick, pack and ship speedy. The
picking lists are created and packing slips are printed instantly
consuming less time and ultimately resulting in quick delivery.
Tools That Help You in
Selling
E-Seller Hub is just more
than an inventory management system. It helps you in kitting and
bundling which helps you in attracting your customers to buy more.
There are many other tools included in this inventory management
system like suppliers management, order and fulfillment management
which takes all the stress away from your head and you can think
about new sales strategies.
Better Communication
With the help of
inventory management software, you can communicate with your
suppliers and customers easily. The messages are sent automatically,
informing them about the dispatch, delivery etc. You don’t need to
send emails manually. So, just improve your communication with your
customers and provide best customer support.
Take Smart Decisions
for Future
The inventory management
system provides insights and reports from which you can have
important information like how much was sold? Which marketplace
earned maximum sales for you? Which item was maximum sold? And many
more answers to the many more questions. Based on these answers, you
can take smart decisions for future. So, just eliminate guesswork
from your business and take practical decisions.
So Just Stay Ahead of
Competitors…..
The competition in online
retail is increasing day by day. All you need is to think out of the
box and step ahead of your competitors in order to succeed in your
online retail business. Just integrate your business with E-Seller
Hub and cut down on your cost and time being spent on manual
inventory management, order
management and fulfillment processes.
Sunday 9 October 2016
Thursday 6 October 2016
Repricer- Different Strategies to Reprice Smartly
Well said by Jon Miller “Knowing who your customers are is great, but knowing how they behave is even better.”
It is a known fact that 90% of buying decisions for any product depends on its price. For example, if you find a dress at a store at $100 but the same dress of similar quality is available at $95 at another store, obviously you will buy the dress from the another store. In case of brick and mortar stores, sometimes the buyers don’t have time to check each and every shop and so might not compare the prices by visiting each and every store. But, in case of online stores, it becomes convenient for the buyers to compare the prices on various stores and take a buying decision.
Being price such an important factor, it becomes important to apply repricing strategies and Online Inventory Management Software in order to beat the competitors successfully in terms of sales and profit. But, do you know what the different repricing strategies are and how to execute them? Here, we will discuss about different repricing strategies which after following can get desired results for your online business.
Price Competitively But Don’t Be the Cheapest Seller
This strategy has been used by Amazon merchant “Ryan Grant” on his 70-75% of his products helping him to win the buy box and at the same time earn reasonable profits.
It is necessary for your price to be competitive but don’t set the price to be cheapest all the time. Many buyers consider the cheapest product to be a low quality product. So, just do some research with your competitors and decide the price. The suggestion would be that the price of your product should be slight higher (approximately 1.25%) than the lowest price product. So, now you are not at the lowest price but are still inexpensive to be considered by the buyers.
Select FBA Option for your Products
If you are selecting FBA (fulfillment by Amazon), the chances of winning the “Buy Box” becomes higher. The other advantage would be that you need to compete your prices with only FBA products. Though this strategy would not yield more profit for you but you can apply this when you need to really clear your stocks. Moreover, you always have an option of selecting the minimum price, so you will never be in loss even if you use this strategy.
Include Shipping In Your Cost
Most of the time it happens that the customer chooses the product which includes the shipping cost. This doesn’t mean that you can increase the price of the product and include shipping in that. The customers are smart enough and they will be comparing your prices with the competitors who have already included shipping in their cost. By doing this, you may not be able to earn high profit, but will be able to become the first preference of the customers.
Product Condition
If your product is used, then you need to compete with other used products and set the price accordingly. The price of your used product cannot be more than a new product or good condition product. Customize your competition according to the condition of your product.
Analysis of Demand and Supply
Do some research to know the demand and supply trends of the products you are selling. Not all products are on heavy demand you can raise your price to enjoy the profit and if the demand is low then, you need to offer the products on discounts to sell them.
Competitors’ trends and Reports
By analyzing competitors’ trends, you can take future decisions of whether to increase the price or decrease the price of a particular product. After studying your past sales reports, you can anticipate future sales and decide whether to reprice the product or not. You can also take a decision whether the product is required to reprice to sell it, or bundling it with another product can also help you out.
Conclusion
One of the best ways to increase profits is to place your products on online stores at a competitive price. It may happen that some of your repricing strategy may not work out, but you need to do some experimenting and find out the best strategy suitable to your business. If you have got more than 50 items in your inventory, then it would be difficult to reprice each and every product manually. So, it would make sense to go for a repricing tool and set a smart strategy for your products to earn maximum profits.
It is a common misconception that Best Inventory Software and repricing tool is used only for lowering the prices. You can set Minimum and Maximum price of a particular product, so that your product price doesn’t go above or below specified limits and you can have complete control over it.
No matter which repricer you are using but it is important to use your business intelligence and experience also before deciding on a repricing strategy because any type of automatic system is as smart as the person giving instructions to it and that is you!!!
