Wednesday 29 March 2017

Use Inventory Management Software and Sell on eBay in a Smart Manner

Inventory Management Software
Inventory management software can help you in achieving success in selling on eBay, especially if you are selling high number of products. It can also help you in selling on other marketplaces like Amazon, Walmart, Rakuten, Sears etc., but right now we are focusing on eBay.

As soon as you receive an order from eBay, what would be the first thing you will be doing? We really hope that you have that item in stock and your inventory data is accurate. Here is where the secret to success in online selling lies. By using proper eBay inventory system, your physically present inventory in warehouses tallies with the inventory displayed on your eBay store.

After knowing that you have the product with you, you start finding its location. Do you know in which corner of the warehouse it has been placed? Don’t panic, your inventory management software would tell you the location of that specific item sold. So, now you can pick the product without wasting much of your time.

Packing the product with a printed shipping label would be the next step. If you are using eBay inventory system, you get the shipping labels printed in bulk quantity without consuming much time which is not possible if doing this manually.

Once the product has been packed, it is shipped and then the inventory management system sends the tracking information to your customers automatically. Isn’t this great? Just remember, you are not selling 4-5 items, you are selling thousands of products and it is just difficult to send tracking information to each and every customer manually especially during holiday season when sales is at its peak!!!

What about updating inventory? Yes, that is the basic function which any inventory management software is supposed to do. As soon as you sell an item, inventory gets updated on eBay and other sales channels too automatically. Of course, you cannot do this manually if the sale is done at 2 p.m. in the night. Your online store runs 24/7 and so you are also expected to work round the clock which is not possible. But, your inventory management software can work for you 24/7 and update inventory for you on a real-time basis.

The inventory management software manages your suppliers and so it is also known as eBay supply chainmanagement system. As soon as any of your products goes below a particular threshold, the eBay supply chain management system sends purchase order to respective supplier eliminating low stock issue and keep your sales running smoothly.

The best thing is that the inventory management software also gives you performance reports and answers to many questions like how many products sold, which marketplace is selling maximum products etc. So, for future you can take informed decisions and achieve success in your online business.

The future definetely looks bright if you are selling on eBay but you can enrich it by using a systematic eBay inventory system like eSellerHub.

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