As an eCommerce seller, you might have already realized one thing. Overcoming challenges is all the part of keeping your business up and running.
Because the marketplace is constantly changing. The huge global competition both between small stores and large enterprises is increasing day by day. Customers are getting more demanding and expect to get a flawless buying experience. Which means you can’t afford to make a mistake.
And you have to adjust to those changes in the trading landscape. Saying nothing about managing all those business processes that keep your biz afloat.
One of them is inventory management. It’s a pillar of your eCommerce business. And that’s where most of the problems begin. Especially, when you are selling on multiple channels like Amazon, Walmart, eBay, Shopify, and more.
Because some traders’ inventories are either poorly handled or sometimes even neglected. Which leads to financial losses and poor customer experience.
However, things are not that bad in most companies. As a rule, sellers keep their inventories accurate and updated. But they do it manually. Without any inventory management software that could improve the whole inventory management experience. Or they update inventory data with an outdated tool that doesn’t have features to cover real-time challenges.
In this article, we are going to show you how an insignificant investment in the inventory management software can immediately solve most of your inventory management issues. And save your time and money in the long run.
By the way, you can request a free 30-day trial to test our SellerSkills app and see it by yourself. This software is your eCommerce lifesaver.
So, let’s face your biggest inventory management challenges and see how our SellerSkills app can easily tackle them.
Overstocking and Overselling
There’s hardly a lucky seller, especially among starters, who haven’t encountered the problem of overstocking or overselling.
How many times have you sold more items than you had in stock?
Can you remember those times when you had more products in stock than you needed?
Let’s face it. Most likely, you had these issues at least once. And you are not alone.
Did you know that retailers are losing nearly $1.75 trillion a year because of the poorly managed inventory?
This shocking amount of wasted money could have been spent in a more rational way. For example, invested in business development or subscription to the inventory management software that would prevent those losses. And even boost your profit if you use it wisely.
How SellerSkills helps prevent overstocking and overselling
SellerSkills allows you to set the product standard level. It means that you can specify the minimum and maximum product quantity that you must have in stock at all times.
When item quantity goes below the standard level, you receive a notification. So you will always know that it’s time to restock.
In case you ordered too much, you would be immediately notified about overstocking.
This feature is going to save you more time completely automating your previous inventory management experience. It will take some time to set up the back end. But as you are done with it, the algorithm will be doing all the job for you.
SellerSkills will control your product stock levels. Thus, you’ll always have goods in stock and in the right amount. And that’s exactly what you need to please your customers with timely delivery and to get the most profit of your marketplace presence.
Disorganized order and inventory management
Those retailers who sell on multiple channels and have outdated eCommerce tools or even process data manually, we feel for you.
Because that’s hard work to keep all business processes carried across several marketplaces smoothly running.
Just fess up how many times you wanted to pull your hair out because of numerous incoming orders. All in a mess. With no chance to quickly define where they have come from and what’s going to happen with them next.
Or even worse. You can’t track all items entering or leaving the warehouse. You have no idea when you did restocking for the last time.
You’re managing your orders and inventory in complete chaos. Without a strategy. With a chance to lose it all.
But there is good news. SellerSkills provides you with tools to manage and sync all business operations from your multiple selling platforms.
How SellerSkills assists to sort out critical business operations
- Inventory activity log
- Order history
- Synced order details
- Invoice and label printing
- Bulk operations
All your orders that come from different marketplaces will be synced in one place. You will manage them, arrange shipping, check their status, and many more with our eCommerce software.
Moreover, it will be much easier to monitor and register all inventory logs with our multichannel inventory management tool. It instantly updates data after every purchase so that your inventory is always up-to-date.
Cumbersome procedure of product listing
Let us guess how you are uploading new listings to your marketplaces.
You create a listing for Amazon. Upload it.
Then you prepare the same listing for eBay. Upload it.
After this, you create this very listing for Shopify. Upload it.
And only then you are ready to add this listing to Walmart.
Don’t get us wrong. We have nothing against this strategy of product listing. Sellers still use the manual approach and are more than happy with that.
But as an entrepreneur with a clear vision of how to manage your time effectively, you’re working on the optimization of business processes. Because you realize that this upgrade will take your business to a new level.
SellerSkills is built just for this type of trader. Our features transform eCommerce businesses and help them grow much faster.
How SellerSkills will make it easier to list your goods
Forget about creating the same listings for different selling channels with SellerSkills. Once you have uploaded a listing to one of your marketplaces, you can easily transfer it to another in mere seconds. All you have to do is just to enter one of the product identifiers (SKU, model, etc.), click the button, and the listing data will be automatically imported from one platform to another.
The lack of inventory categorization
What do you see as you enter your Amazon or eBay account?
A loooooong list of products.
So you either need to enter the product ID (but you are supposed to find it in the file or commit all product IDs to your memory – which is insane) in the search bar. Or try your luck and look for it manually.
But this search can take forever. SellerSkills gives you an easy way out.
How SellerSkills arranges your inventory
You can easily navigate through your listings making use of our features. SellerSkills allows you to create product categories, subcategories to manage your inventory. You can quickly find, update, edit listings within the selected category.
Besides, you can add tags to unite listings that do not fall into the same category. And perform bulk operations with them. Thus, saving lots of energy and time.
Wrapping it up
Of course, none of the apps (even the smartest one) wouldn’t replace the power of the human mind.
When it comes to tedious processes that eat up all your time and do not bring the desired business results, it’s high time to reconsider your strategy and try out something new.
We suggest starting your business transformation with consideration of subscription to a multichannel eCommerce management software. Just like SellerSkills.
SellerSkills is all about creating favorable conditions for business growth. That’s why we add features that would help you concentrate on your business strategery rather than the fulfillment of time-consuming and monotonous operations.
We will automate your business processes. And will help you manage your inventory more efficiently. You’ve got to see how easier it would be to run your business with SellerSkills. Just check it out for free. Go to our website and get your free 30-days trial.