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.
