#MultichannelSoftware

[vendorelite]

Why multichannel selling software is essential for your e-commerce business | VendorElite

Become A Seller: www.vendorelite.com

VendorElite helps you provide excellent customer service without hiring a big customer support team. E-commerce businesses that deal with a high volume of sales will have a high volume of customer queries as well. As per recent studies, there will be an average of one customer support query for every eight sales you make.

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Type Of Multi-Channel Retailing

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Multi-channel Software can connect potential leads to sales support. Multi-channel Sales Solution will let you connect with leads over multiple channels of support.

[vendorelite]

Why multichannel selling software is essential for your e-commerce business | VendorElite

Become A Seller: www.vendorelite.com

VendorElite helps you provide excellent customer service without hiring a big customer support team. E-commerce businesses that deal with a high volume of sales will have a high volume of customer queries as well. As per recent studies, there will be an average of one customer support query for every eight sales you make.

[vendorelite]

Why multichannel selling software is essential for your e-commerce business | VendorElite

Become A Seller: www.vendorelite.com

VendorElite helps you provide excellent customer service without hiring a big customer support team. E-commerce businesses that deal with a high volume of sales will have a high volume of customer queries as well. As per recent studies, there will be an average of one customer support query for every eight sales you make.

[vendorelite]

Multichannel Selling: Different Sales Channels | VendorElite.com

Become A Seller: www.vendorelite.com

Multichannel selling has already become the key to improving sales and revenue for businesses around the world. The affordability and accessibility of online trading made it popular among business owners.

[vendorelite]

Multichannel Selling: Different Sales Channels | VendorElite.com

Become A Seller: www.vendorelite.com

Multichannel selling has already become the key to improving sales and revenue for businesses around the world. The affordability and accessibility of online trading made it popular among business owners.

[vendorelite]

Multichannel Selling: Different Sales Channels | VendorElite.comBecome A Seller: www.vendorelite.comMultichannel selling has already become the key to improving sales and revenue for businesses around the world. The affordability and accessibility of online trading made it popular among business owners.

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How a powerful multi-channel inventory management software can boost your sales?

Selling on marketplaces such as Amazon, eBay, Walmart, and shopify brings sales from massive volume of customers. Millions of people from all over the world shop from these websites every day. Online e-commerce retailers expand their business by using more and more selling channels for similar products.

But before this expansion a question pop up in mind how to manage all these channels so that business keep running without any hitches and glitches. The main problem arises when inventory data shows disparity and seller lose a sale due to items not being in stock. That’s why inventory software is so vital for multi-channel business.

A good and powerful multi-channel inventory software will eradicate all these errors automatically and keep your inventory stock levels synchronized. It will also manage your business’s back end operations such as accounting, purchase, shipping and sales reports.

Let us have a go into a little more details about how a multi-channel inventory management software can boost your sales.

Product Promotion

An inventory management software for your multi-channel business help to identify what customer is looking for and quickly find the similar items that are available too. For example, a customer is looking for a coffee machine the seller could instantly check if stock is available and for the model matches the requirement of the customer is in stock too. This upsell prospect might have lost if seller didn’t know what was in stock.

Brand Loyalty

Happy customers make repeat purchases and also recommend your services and products further. If a customer cannot get the product quantity the want or frequently experiencing delayed delivery they would look for another retailer that can meet their demands. Better inventory management gives happy customers for your business and a powerful inventory management can take care of that.

Prevents Understocking

For multiple channel selling the reliable balance of inventory stock across all channels is a great success. Unable to fulfill orders due to out-of-stock situation may distort business reputation. The aim of a multi-channel inventory software is to reflect accurate stock levels allowing seller to gain 100% visibility of stock levels which eliminates low stock situations and let the sale come in hands on time.

Quick Lead Generation

The time it takes by seller to fulfill the customer order is a factor that has a key influence on customer satisfaction. Customer prefer to look for sellers who can deliver order as soon as possible. A powerful inventory software will let seller know the lead time of the product and its turnover ratio.

Demand Forecast

The prediction of current sales pattern of products by an inventory software is the other great feature to boost your business sales. In peak season failing to meet customer demand will damage the business profile and seller’s reputation is most likely to go down. The demand forecast will help to predict sales order volume and remain proactive for restocking decisions.

Now that you have complete idea that how inventory software for a multi-channel business leverage your sales take ERP Gold demo to know more about inventory software benefits.

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How a multi-channel order management software can automate your business?

Order management is as an ecosystem of categories that integrates every assignment and action involved with taking and filling orders, containing the many interconnected functions that must work together for the complete order management process to run efficiently.

Customers expect an all-in-one shopping experience from your brand and from the moment they hit the button that finalizes their order, they are expecting timely receipt of the particular goods they have purchased.

Here in this article, we will look at how a multi-channel order management software can automate your business.

To enable this efficient customer experience, businesses need to confirm they are effectively managing the following three stages of the multichannel order management process.

1. Receiving orders

When placing orders, over 60 percent of shoppers want to see the position of a retailer’s inventory stock. Therefore, if your sales channels are not controlled from a single platform, you are incapable to provide customers with any real-time inventory stock levels.It can also feel like you are managing different businesses and you put yourself at risk of overselling. By managing orders at the point of sale, you can process orders more rapidly and speed up dispatch times.Lessen the risk of overselling by tracking your inventory stock across multiple channels. This means you are neither dealing with orders that you cannot fill due to stock-outs, nor youwill miss out on bulky orders because your stock isn't divided between the different channels.

2. Picking, packing, and shipping

The picking, packing, and shipping stage is where blunders are most likely to occur, and even small mistakes can add up. Picking errors can be costly, not only causing product returns, but they also mess with inventory stock levels. The extra time required to reprocess orders can affect customer contentment and reliability.Customers also do not want the trouble to return items;mainly it was an error from your end. If you do choose to omit the return, you miss inventory stock that was intended to be a source of revenue. Systematizing the picking process should keep mistakes to a minimum – consider using tools like a barcode scanner to advance precision.

3. Delivery

The final and most serious stage in successful multi-channel order management processing is getting the product to the customer. Fast and precise delivery will make the mainstream of consumers feel optimistic about shopping with your brand again.

Consider that over 50 percent of shoppers consider fast delivery a top priority, choosing one retailer over another, simply because they offer more delivery opportunities and they would select to stay with a business if it offered a reliability program with free next day delivery.

Multichannel order management

Multichannel order management is a challenge for every fast-growing business. A brand experiencing high-growth must concentrate on managing high order volumes across multiple channels, while still delivering extraordinary customer service.Where earlier manual order management processes availed, high volume order processing requires a scalable solution to evade time-consuming mistakes, disorganizations, poor customer service, and lost sales. Modernize order fulfillment activities by incorporating order management processes with fulfillment, shipping, and inventory tracking systems.Associate your marketplaces and online store into a single platform that tracks and synchronizes your whole inventory stock across all channels. Providing shoppers with exact order status with total distinguishability into all orders.

Schedule ERP Gold demo to understand how a multi-channel inventory management software can automate your business.

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Automate Order Processing Across Multiple Channels

Order Processing is a complete cycle that consist of the entire tasks involved from receiving to fulfilling orders. It does not seem as smooth as it sounds. Accurate and efficient order processing is a challenge especially when you are selling across multiple channels. Investing in an Order Management software solution is a wise step to take for smooth growth of your business over multiple channels.

In this article I am going to brief how Order Management software can help you streamline your business make processing of your multi-channel business easier and faster.  

Comprehensive Order Management

Receiving orders from different channels in different format need efficient management skills to accuratelyprocess the large volume of data. An order management software get all order details from different channels on one single dashboard. It help sellers to deal the complete supply chain as an interconnected system and automate the internal process from order to fulfillment.

To run smooth business process this system:

Ø  Process orders and payment irrespective of channel origin and currency

Ø  Route order from the warehouse best suited for the on-time delivery to the destination

Ø  Synchronize inventory stock updates for all sales channels

Ø  Forward order details to warehouse or shipping services for fulfillment

Ø  Track order for both seller and customer

Ø  Alert for low stock levels to avoid out-of-stock situations

Ø  Integrate with other office functions such as accounting, invoicing, and report printing.

Quick Order Fulfillment

Order management software communicate smoothly between your suppliers and carrier services to save time and resources for order fulfillment. This system automatically consolidate the complete order and customer information for easy and quick fulfillment. With order management software compare prices for different shipping services and Print Shipping Labels for packages.

Synchronized Sales with Accurate Inventory

Disjointed inventory data and manual handling induce errors in sales process and make multi-channel selling a tedious task. Inventory for different sales channel needs to be updated on real-time basis and Order Management system take care of that. It continuously synchronize inventory with sales order and keep the inventory stock information accurate.

Order Routing Information

If you have more than one warehouse at different locations, order routing through Order Management software improve the efficiency of order processing with warehouse allocation options for order fulfillment. Ship orders from multiple warehouses or allocate warehouse to the order based on your preferences.

Batch Processing and Bar code Scanning

Integration of Barcode Scanning system with order management software allow easy handling of product receiving in bulk. Using a barcode scanner for inventory help stock taking and stock organizing in bulk. This helps in systemizing inventory operations and processing shipments out quickly and accurately.

For a fully equipped Order Management Software for multi-channel e-commerce business check out ERP Gold that offers a customized and complete solution for business operations.

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Keep Track of Your E-commerce Channels Inventory Just in a Single Location.

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How Multi-Channel Management Software Can Save Your Business

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Accelerate Trans-formative Customer Experiences Through Integrated CRM