No doubt one of the crucial aspects of any venture is effective inventory management. Inventory is the heart that sustains your business. As a webpreneur, one of the many challenges you can encounter is stock-outs. Take it this way; you have a customer purchasing through the Facebook page. The information states the product is out of stock. In contrary, you are having an overstock issue in other channels. Alternatively, your online store states an item is available while you do not have any product left in your warehouse. This problem in your inventory management can be the power gear to crippling your online business.
For this reason, StitchLabs can be a crucial tool in multichannel retailing. This tool enhances your inventory management through centralization. The tool enables you to manage all your channel inventories at one point. With it, you avoid cases of stock outs or incorrect information appearing on any of the platforms.
Modern customers purchase items depending on the available information. You need to offer adequate information to win customers’ hearts. One way of providing information is through other customers’ reviews. But when operating a multichannel e-commerce business, it can be a hard tackle to develop a centralized customer reviews page. For example, a customer may purchase your offers through your online store and leave a comment about the service received.
Displaying such comments across other selling channels can help you to boost your sales. eRated is the tool for this objective. This tool helps you to collect reviews and comments across your channels. Also, it has features to help you develop an integrated review point. With this, you can enhance your customer purchase decisions and boost sales.
Is cart abandonment a serious challenge in your venture? At times, your prices or transaction processing strategy might be an obstacle to driving sales. Remarkety is a good idea in this situation. This tool harnesses your retargeting activities. With it, you can reach out to your customers through emails and offering personalized discounts. This way, you eliminate or reduce cart abandonment issues.
Are you in this situation? You are new in the multichannel e-commerce sector. You decided to pitch in this field to avoid being left out.
E-commerce is becoming an attractive point. Every entrepreneur is turning to virtual selling. Due to this, competition is rising. New entrants are introducing innovative ways
Multichannel e-commerce is the new form of online selling. As a webpreneur, you need to take your products to the customers. Waiting for the customers