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FAE Beauty Partners with Unicommerce to Streamline Quick Commerce Operations
Riding on the wave of India’s booming beauty and personal care market, FAE Beauty has joined hands with Unicommerce, a leading e-commerce enablement SaaS platform, to streamline its operations and strengthen its quick commerce capabilities. Also known as Free and Equal Beauty, the homegrown brand has gained rapid popularity for its inclusive and India-centric product line. A recent appearance on…

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#benefits of using Unicommerce#how Unicommerce works#unicommerce#Unicommerce ERP#Unicommerce eSolutions#Unicommerce eSolutions Ltd company review#Unicommerce features and pricing#Unicommerce for ecommerce brands#Unicommerce India#Unicommerce integration with marketplaces#Unicommerce inventory management solution#Unicommerce OMS#Unicommerce order management system#Unicommerce platform#Unicommerce software#Unicommerce software demo#Unicommerce warehouse management software#Unicommerce WMS
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New Post has been published on https://techcrunchapp.com/small-businesses-get-the-online-edge-technology-news-ettech/
Small businesses get the online edge, Technology News, ETtech
L-R: Shalini Girish, Amod Malviya, Adarsh Menon, Kapil Makhija, Ankur Pahwa, Gaurav Hinduja
Small and medium businesses (SMBs) across the country are increasingly looking to adopt digital technologies to remain relevant and grow amid the massive disruption caused by the Covid-19 crisis, according to panellists at The Economic Times -Back to Business Dialogues -Using Tech to leverage SMBs for India.
Leaders from companies such as Google, Flipkart, Udaan, Unicommerce, EY and Capital Float all concurred that while small businesses have been pushing to go digital for over a decade, it has vastly accelerated because of the pandemic.
These small businesses have embraced digital payments, use internet search to improve discoverability, sell across India using marketplaces, are consolidating their supply from fewer and more tech-enabled players, use technology to pay income and other taxes and are even leveraging their data for easier access to credit.
Ankur Pahwa, partner, ecommerce and consumer internet, at Ernst & Young, steered the conversation and captured views — categorised into four themes — from across the diverse set of panellists.
Evolution of SMBs
Far from managing inventory on multiple marketplaces and accepting payments digitally, SMBs shunned even basic technology tools at the start of the previous decade. However, that changed quickly with the proliferation of high-speed wireless internet, smartphone reach and knowledge of digital tools in the past five years.
“In 2016 or 2017, a large part of Indian SMBs didn’t get digital at all. Only 2% of SMBs then were using digital for really engaging with their customers and about 17% of them were using some tools for business; 68% of them had nothing online, not even email,” said Shalini Girish, director, customer solutions at Google India. Since then, Google has trained over 1 million SMBs in digital literacy, while its learning app Primer has been downloaded over 10 million times, Girish added.
The huge acceptance of digital tools by small businesses is not only because of education, but because of a realisation that not being digital puts them at a disadvantage. “Today, I think everybody understands the power of the internet. In terms of trying to convince businesses about how it can transform the way they do business, I think that point is already driven home strongly,” said Amod Malviya, cofounder of Udaan.
Diversifying supply chains
This shift of SMBs towards digital presents an opportunity in modernising supply chains that these businesses tap into. The pandemic has exposed many weaknesses in traditional supply, forcing businesses to demand more transparency, better cost and quicker turnaround times.
For Adarsh Menon, senior vice-president at Flipkart, this shift has presented a good opportunity to bring to businesses the conveniences that it brought to consumers a decade ago. “There is a big opportunity in fixing challenges that have crept up because of broken supply chains. In future, customers will lay emphasis on alternatives and ensuring business continuity, which has gotten impacted due to the crisis and hence digitally streamlining supply chain is a good opportunity,” Menon said.
Age-old models of purchasing are also getting disrupted, says Malviya of Udaan.
Retailers, who earlier bought stocks once or twice a month due to the tedious process of having to go to markets and locking up working capital in purchasing inventory, are today ordering smaller baskets but more frequently.
“What that does is it unlocks working capital for SMBs. Earlier, it was getting stuck in a few large purchases, now it is getting broken down into smaller purchases. This brings the wallet share on an online platform from 20-30% to 80-90%,” Malviya said.
Data for Finance
Selling online, accepting digital payments, and utilising digital tools to manage aspects of their business are also opening up avenues for SMBs to tap credit with new-age fintech players building more granular platforms.
For instance, according to Gaurav Hinduja, the CEO of Capital Float, when he started the fintech venture 6-7 years ago, it was hard to get an SME to apply for a loan online. “We would see only 5-10% SME who applied digitally, which is why we had to invest in a field force,” Hinduja said.
Things have, however, changed. “SMEs are so small, they don’t really maintain proper books or accounts. For us, the bank statements, GST, as well as partnerships with ecommerce players, these data points are holy grail,” he said.
Capital Float has been able to add 50,000 more SMEs as customers in the last six months. “The reason we have been able to do that is we are no longer giving larger lines…we have started giving loans of Rs 15,000- Rs 20,000, and seeing how that plays out for the next 6-10 months and take it from there,” Hinduja added.
Rise of new age brands
According to Kapil Makhija, CEO, Unicommerce, there has been a phenomenal increase in the adoption of technology by small businesses amid the pandemic.
This transition is even more stark in small towns. “At Unicommerce, we have seen an increase of 4x in enquiries, and many are coming from small towns. Our initial split was 30-70, where 30% used to come from tier-2 cities. Now, that has increased to 50-55% of enquiries,” said Makhija.
These businesses are largely looking at marketplaces as well as others to go online. “Because SMEs cannot invest a lot in technology, they prefer the marketplace route to begin with,” he said. Another rising trend is the rise of direct-to-consumer brands. “We see brands that have spent two years in their marketplace journey investing heavily on the D2C side,” said Makhija.
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5 Tips to Scale a Successful Direct-to-Consumer Brand in 2020
Direct-to-consumer brands have been growing in publicity, and for good reason. Here’s how to scale the challenges and scale your DTC brand effectively.
Grow Your Business, Not Your Inbox
Stay informed and join our daily newsletter now!
July 13, 2020 4 min read
Opinions expressed by Entrepreneur contributors are their own.
Many of the established beliefs regarding e-commerce and the retail space have broken down in recent times. One of the biggest has been the idea that to have a successful retail business, the key was to get on the biggest platforms possible and leverage visibility and logistics to access the market. But now, many direct-to-consumer (DTC) brands have shown that’s not necessary.
In fact, being in charge of the entire product journey to the customer is even better in many cases. It enables you to put a solid logistics system in place, independent of a platform that might not prioritize you, especially in disruptive times like these. Building a profitable DTC brand requires more upfront work, however, in order to reap the benefits down the road. Here are some tips to help you establish and scale your DTC business efficiently:
1. Targeted email marketing
Knowing your ideal customer persona and tailoring your marketing agency content appropriately is important for every business. But it is particularly important for a DTC business because you’ll need a higher conversion rate to ensure you’re not spending too much on customer acquisition, working as you are without a platform that generates organic traffic. Email is still the highest-converting marketing channel, and you should take advantage of that. However, refine your email list by segmenting them extensively so you can send each customer emails that are specific to their point in your sales funnel, as well as their interests.
Related: 5 Direct-to-Consumer Clothing Brands We’re Seeing All Over the …
2. Customer service
Customer Service is also crucial because if done properly, it can help you transform your customers to evangelists who will help spread the word about your brand. The customer service process begins when people are enquiring about your products and it extends to long after they complete a purchase. At every one of those touchpoints, there should be a highly trained member of staff who will deliver a great experience to the customer and help build their customer loyalty that way. It’s important to select people with great temperaments and who have the requisite experience, to make sure that even when interactions go sour (and they will), you are able to handle the situation effectively to calm the situation and reach a positive outcome.
3. Fix your logistics
One of the ways that larger, more established brands are able to maintain their market share is by assuring customers that they will get their products delivered to them quickly and in good condition. As a DTC brand, you might not have a logistics system as extensive as those established companies but being smaller can actually mean that you’ll be more nimble and able to adapt to new situations.
Related: Unicommerce Partners With Yellow Messenger To Streamline Direct …
4. Streamline the buying process
The process of purchasing from your website needs to be as frictionless as possible. Several studies have shown that the fewer hurdles a person has to taking an action, the more likely they will be to do it. Warby Parker is a good example of this. Instead of making customers get an eye exam, selecting a pair of glasses in a store and waiting weeks to get it delivered, they streamlin the process with their system of “home try-on” packages that allow them to receive five pairs in the mail for free before making a final purchase. That made a massive difference in the customer experience and drove their growth up exponentially. It might not be equally applicable depending on what you’re selling but spending some time to come up with a similarly innovative buying approach would be great for your business.
5. Build a community
The best brands are those that have a story that customers can easily recognize and connect with, and also have a community of like-minded people driving the conversation about the products. Building a community takes time, but you can start by making sure that you have a clear, consistent brand philosophy which reflects across all your marketing agency channels and in all customer interactions. You’ll find that more people who share those values will be attracted to your brand (by following you on social media for instance) and you can then begin to facilitate communication using things like social media challenges, customer-generated-content, and aggressive content marketing. As outlined in this Harvard Business Review article, while ensuring that the engagement leads back to your business, focus on allowing the conversations happen organically. As participation grows, your brand and bottom line will be boosted too.
Related: The Direct-to-Consumer Watch Brand Offering Exceptionally Crafted …
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Via http://www.scpie.org/5-tips-to-scale-a-successful-direct-to-consumer-brand-in-2020/
source https://scpie.weebly.com/blog/5-tips-to-scale-a-successful-direct-to-consumer-brand-in-2020
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5 Tips to Scale a Successful Direct-to-Consumer Brand in 2020
Direct-to-consumer brands have been growing in publicity, and for good reason. Here’s how to scale the challenges and scale your DTC brand effectively.
Grow Your Business, Not Your Inbox
Stay informed and join our daily newsletter now!
July 13, 2020 4 min read
Opinions expressed by Entrepreneur contributors are their own.
Many of the established beliefs regarding e-commerce and the retail space have broken down in recent times. One of the biggest has been the idea that to have a successful retail business, the key was to get on the biggest platforms possible and leverage visibility and logistics to access the market. But now, many direct-to-consumer (DTC) brands have shown that’s not necessary.
In fact, being in charge of the entire product journey to the customer is even better in many cases. It enables you to put a solid logistics system in place, independent of a platform that might not prioritize you, especially in disruptive times like these. Building a profitable DTC brand requires more upfront work, however, in order to reap the benefits down the road. Here are some tips to help you establish and scale your DTC business efficiently:
1. Targeted email marketing
Knowing your ideal customer persona and tailoring your marketing agency content appropriately is important for every business. But it is particularly important for a DTC business because you’ll need a higher conversion rate to ensure you’re not spending too much on customer acquisition, working as you are without a platform that generates organic traffic. Email is still the highest-converting marketing channel, and you should take advantage of that. However, refine your email list by segmenting them extensively so you can send each customer emails that are specific to their point in your sales funnel, as well as their interests.
Related: 5 Direct-to-Consumer Clothing Brands We’re Seeing All Over the …
2. Customer service
Customer Service is also crucial because if done properly, it can help you transform your customers to evangelists who will help spread the word about your brand. The customer service process begins when people are enquiring about your products and it extends to long after they complete a purchase. At every one of those touchpoints, there should be a highly trained member of staff who will deliver a great experience to the customer and help build their customer loyalty that way. It’s important to select people with great temperaments and who have the requisite experience, to make sure that even when interactions go sour (and they will), you are able to handle the situation effectively to calm the situation and reach a positive outcome.
3. Fix your logistics
One of the ways that larger, more established brands are able to maintain their market share is by assuring customers that they will get their products delivered to them quickly and in good condition. As a DTC brand, you might not have a logistics system as extensive as those established companies but being smaller can actually mean that you’ll be more nimble and able to adapt to new situations.
Related: Unicommerce Partners With Yellow Messenger To Streamline Direct …
4. Streamline the buying process
The process of purchasing from your website needs to be as frictionless as possible. Several studies have shown that the fewer hurdles a person has to taking an action, the more likely they will be to do it. Warby Parker is a good example of this. Instead of making customers get an eye exam, selecting a pair of glasses in a store and waiting weeks to get it delivered, they streamlin the process with their system of “home try-on” packages that allow them to receive five pairs in the mail for free before making a final purchase. That made a massive difference in the customer experience and drove their growth up exponentially. It might not be equally applicable depending on what you’re selling but spending some time to come up with a similarly innovative buying approach would be great for your business.
5. Build a community
The best brands are those that have a story that customers can easily recognize and connect with, and also have a community of like-minded people driving the conversation about the products. Building a community takes time, but you can start by making sure that you have a clear, consistent brand philosophy which reflects across all your marketing agency channels and in all customer interactions. You’ll find that more people who share those values will be attracted to your brand (by following you on social media for instance) and you can then begin to facilitate communication using things like social media challenges, customer-generated-content, and aggressive content marketing. As outlined in this Harvard Business Review article, while ensuring that the engagement leads back to your business, focus on allowing the conversations happen organically. As participation grows, your brand and bottom line will be boosted too.
Related: The Direct-to-Consumer Watch Brand Offering Exceptionally Crafted …
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source http://www.scpie.org/5-tips-to-scale-a-successful-direct-to-consumer-brand-in-2020/ source https://scpie.tumblr.com/post/623588409832865792
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5 Tips to Scale a Successful Direct-to-Consumer Brand in 2020
Direct-to-consumer brands have been growing in publicity, and for good reason. Here’s how to scale the challenges and scale your DTC brand effectively.
Grow Your Business, Not Your Inbox
Stay informed and join our daily newsletter now!
July 13, 2020 4 min read
Opinions expressed by Entrepreneur contributors are their own.
Many of the established beliefs regarding e-commerce and the retail space have broken down in recent times. One of the biggest has been the idea that to have a successful retail business, the key was to get on the biggest platforms possible and leverage visibility and logistics to access the market. But now, many direct-to-consumer (DTC) brands have shown that’s not necessary.
In fact, being in charge of the entire product journey to the customer is even better in many cases. It enables you to put a solid logistics system in place, independent of a platform that might not prioritize you, especially in disruptive times like these. Building a profitable DTC brand requires more upfront work, however, in order to reap the benefits down the road. Here are some tips to help you establish and scale your DTC business efficiently:
1. Targeted email marketing
Knowing your ideal customer persona and tailoring your marketing agency content appropriately is important for every business. But it is particularly important for a DTC business because you’ll need a higher conversion rate to ensure you’re not spending too much on customer acquisition, working as you are without a platform that generates organic traffic. Email is still the highest-converting marketing channel, and you should take advantage of that. However, refine your email list by segmenting them extensively so you can send each customer emails that are specific to their point in your sales funnel, as well as their interests.
Related: 5 Direct-to-Consumer Clothing Brands We’re Seeing All Over the …
2. Customer service
Customer Service is also crucial because if done properly, it can help you transform your customers to evangelists who will help spread the word about your brand. The customer service process begins when people are enquiring about your products and it extends to long after they complete a purchase. At every one of those touchpoints, there should be a highly trained member of staff who will deliver a great experience to the customer and help build their customer loyalty that way. It’s important to select people with great temperaments and who have the requisite experience, to make sure that even when interactions go sour (and they will), you are able to handle the situation effectively to calm the situation and reach a positive outcome.
3. Fix your logistics
One of the ways that larger, more established brands are able to maintain their market share is by assuring customers that they will get their products delivered to them quickly and in good condition. As a DTC brand, you might not have a logistics system as extensive as those established companies but being smaller can actually mean that you’ll be more nimble and able to adapt to new situations.
Related: Unicommerce Partners With Yellow Messenger To Streamline Direct …
4. Streamline the buying process
The process of purchasing from your website needs to be as frictionless as possible. Several studies have shown that the fewer hurdles a person has to taking an action, the more likely they will be to do it. Warby Parker is a good example of this. Instead of making customers get an eye exam, selecting a pair of glasses in a store and waiting weeks to get it delivered, they streamlin the process with their system of “home try-on” packages that allow them to receive five pairs in the mail for free before making a final purchase. That made a massive difference in the customer experience and drove their growth up exponentially. It might not be equally applicable depending on what you’re selling but spending some time to come up with a similarly innovative buying approach would be great for your business.
5. Build a community
The best brands are those that have a story that customers can easily recognize and connect with, and also have a community of like-minded people driving the conversation about the products. Building a community takes time, but you can start by making sure that you have a clear, consistent brand philosophy which reflects across all your marketing agency channels and in all customer interactions. You’ll find that more people who share those values will be attracted to your brand (by following you on social media for instance) and you can then begin to facilitate communication using things like social media challenges, customer-generated-content, and aggressive content marketing. As outlined in this Harvard Business Review article, while ensuring that the engagement leads back to your business, focus on allowing the conversations happen organically. As participation grows, your brand and bottom line will be boosted too.
Related: The Direct-to-Consumer Watch Brand Offering Exceptionally Crafted …
Website Design & SEO Delray Beach by DBL07.co
Delray Beach SEO
source http://www.scpie.org/5-tips-to-scale-a-successful-direct-to-consumer-brand-in-2020/
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5 Tips to Scale a Successful Direct-to-Consumer Brand in 2020
Direct-to-consumer brands have been growing in publicity, and for good reason. Here’s how to scale the challenges and scale your DTC brand effectively.
Grow Your Business, Not Your Inbox
Stay informed and join our daily newsletter now!
July 13, 2020 4 min read
Opinions expressed by Entrepreneur contributors are their own.
Many of the established beliefs regarding e-commerce and the retail space have broken down in recent times. One of the biggest has been the idea that to have a successful retail business, the key was to get on the biggest platforms possible and leverage visibility and logistics to access the market. But now, many direct-to-consumer (DTC) brands have shown that’s not necessary.
In fact, being in charge of the entire product journey to the customer is even better in many cases. It enables you to put a solid logistics system in place, independent of a platform that might not prioritize you, especially in disruptive times like these. Building a profitable DTC brand requires more upfront work, however, in order to reap the benefits down the road. Here are some tips to help you establish and scale your DTC business efficiently:
1. Targeted email marketing
Knowing your ideal customer persona and tailoring your marketing agency content appropriately is important for every business. But it is particularly important for a DTC business because you’ll need a higher conversion rate to ensure you’re not spending too much on customer acquisition, working as you are without a platform that generates organic traffic. Email is still the highest-converting marketing channel, and you should take advantage of that. However, refine your email list by segmenting them extensively so you can send each customer emails that are specific to their point in your sales funnel, as well as their interests.
Related: 5 Direct-to-Consumer Clothing Brands We’re Seeing All Over the …
2. Customer service
Customer Service is also crucial because if done properly, it can help you transform your customers to evangelists who will help spread the word about your brand. The customer service process begins when people are enquiring about your products and it extends to long after they complete a purchase. At every one of those touchpoints, there should be a highly trained member of staff who will deliver a great experience to the customer and help build their customer loyalty that way. It’s important to select people with great temperaments and who have the requisite experience, to make sure that even when interactions go sour (and they will), you are able to handle the situation effectively to calm the situation and reach a positive outcome.
3. Fix your logistics
One of the ways that larger, more established brands are able to maintain their market share is by assuring customers that they will get their products delivered to them quickly and in good condition. As a DTC brand, you might not have a logistics system as extensive as those established companies but being smaller can actually mean that you’ll be more nimble and able to adapt to new situations.
Related: Unicommerce Partners With Yellow Messenger To Streamline Direct …
4. Streamline the buying process
The process of purchasing from your website needs to be as frictionless as possible. Several studies have shown that the fewer hurdles a person has to taking an action, the more likely they will be to do it. Warby Parker is a good example of this. Instead of making customers get an eye exam, selecting a pair of glasses in a store and waiting weeks to get it delivered, they streamlin the process with their system of “home try-on” packages that allow them to receive five pairs in the mail for free before making a final purchase. That made a massive difference in the customer experience and drove their growth up exponentially. It might not be equally applicable depending on what you’re selling but spending some time to come up with a similarly innovative buying approach would be great for your business.
5. Build a community
The best brands are those that have a story that customers can easily recognize and connect with, and also have a community of like-minded people driving the conversation about the products. Building a community takes time, but you can start by making sure that you have a clear, consistent brand philosophy which reflects across all your marketing agency channels and in all customer interactions. You’ll find that more people who share those values will be attracted to your brand (by following you on social media for instance) and you can then begin to facilitate communication using things like social media challenges, customer-generated-content, and aggressive content marketing. As outlined in this Harvard Business Review article, while ensuring that the engagement leads back to your business, focus on allowing the conversations happen organically. As participation grows, your brand and bottom line will be boosted too.
Related: The Direct-to-Consumer Watch Brand Offering Exceptionally Crafted …
Website Design & SEO Delray Beach by DBL07.co
Delray Beach SEO
source http://www.scpie.org/5-tips-to-scale-a-successful-direct-to-consumer-brand-in-2020/ source https://scpie1.blogspot.com/2020/07/5-tips-to-scale-successful-direct-to.html
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BENGALURU: India’s ecommerce industry has recovered about 90% of its overall order volumes since restrictions on shipping of non-essential products were relaxed in early May, according to industry estimates. The total value of items sold online, however, remains low as consumers continue to avoid largeticket purchases in the wake of economic uncertainty occasioned by the ongoing pandemic.The volume jump in recent weeks was led by the significant uptick in sales of electronics, according to data from Unicommerce, a technology solutions provider for the ecommerce industry. This includes items such as phone and computer accessories, trimmers and Wi-Fi routers, which grew 145% compared to sales before the Covid-19 induced nationwide lockdown.“Order volumes have fluctuated between 79% and 88% over the past few weeks, but GMV (gross merchandise value) recovery is obviously lower,” said a senior executive at one of India's leading ecommerce marketplaces. “Our recovery is still far better than any of our offline peers which are struggling to get people into stores,” the person said, corroborating the data.76502205A representative for online marketplace Snapdeal said that the overall sales volumes were now similar to pre-Covid levels. “The recovery in order volumes has been faster in smaller towns likely due to limited availability of products in offline stores due to supply chain disruptions,” the person said.Categories like home and apparel are back to pre-Covid levels. New categories relating to personal safety and health are driving volumes,” said the Snapdeal spokesperson.Flipkart and Amazon did not respond to ET’s queries for comment until press time.“Ecommerce has shown a recovery that’s much faster than anyone had anticipated…. the fear of (shopping) offline still continues,” said Kapil Makhija, CEO of Unicommerce.The software-as-a-service startup does not work directly with marketplaces such as Amazon and Flipkart but provides tools to online sellers, brands and even offline retailers looking to sell online through various platforms and their own websites.“It’s been 45 days of strong growth and the upward trajectory is continuing, which signifies a fundamental shift in how consumers are shopping,” Makhija said. The uptrend does not include growth in smartphone sales, which accounts for over 40% GMV of Indian ecommerce platforms.Flipkart, Amazon and Snapdeal have earlier said that work-from-home essentials, personal care devices and fashion products are selling fast after lockdown curbs were removed.Fashion sale has bounced back to around 70% of pre-pandemic levels, but cart values are 25% less than before the outbreak, Unicommerce data showed. Kids apparel is driving growth, and it has jumped 100% since early June.Last week, Falguni Nayar, CEO of Nykaa, said, “For ecommerce, we came out at about 20% of the business as usual in April, and about 65% of the business as usual in May, and for June, we should record upwards of 85%..We are hoping that the same momentum continues and get the full business back by July."Following the unlocking, online commerce companies had projected a temporary surge in sales due to pent-up demand. While sales had recovered to around 80% of pre-Covid levels in the first three weeks, industry executives at leading marketplaces had been unsure how long the upsurge would last.However, demand has remained consistent over the past seven weeks, according to Unicommerce. Direct-toconsumer brands, examples of which include Dollar Shave Club, Casper Mattress have seen sales recover 25% faster than traditional brands which sell online only through marketplaces.Ankur Pahwa, the national leader for the E-commerce and Consumer Internet sector at EY, agreed that while online volumes were recovering, the value of goods sold was far lower than pre-Covid levels. This was largely due to consumers cutting back on spending and also an increasing share of first-time buyers on online platforms, who were experimenting with small-ticket purchases.“High ticket value items such as large appliances, furniture is not doing well at all. They’re only slowly starting to (be sold) again but the volumes are extremely low,” Pahwa said. “In fast moving categories, there’s substitution which is happening where people are moving from higher value items to lower cost equivalents.”The online fashion category is expected to gain momentum on specific sale events by etailers like Myntra and others later this month. The fast recovery of online sales comes at a time when offline sale of fashion brands is about 30-40%, Unicommerce said.“Brands tell us that the offline channel is barely recovering; even if footfalls are there, transactions are not happening. Much of their demand has shifted to online, which has broadly returned to pre-Covid-19 levels,” Makhija added.In the electronics category, products such as USB cables, extension cords, trimmers and Wi-Fi routers are driving sales and the average cart size has decreased by a much smaller 5-10% compared to levels seen before the outbreak. from Economic Times https://ift.tt/2Bqftpu
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Shopify Inventory Management | SOOPOS
There are many factors working behind a successful eCommerce business. Shopify Inventory Management is one of those contributing factors playing an important role in benefiting the online retail business. Proper management of inventory help businesses in keeping track of the orders fulfilled on time and aids in maintaining the warehouse space accordingly. However, this was just a small gist related to the advantages attached to a good Shopify Inventory Management. The topic is further explained below-
Tracking order fulfillment:
One of the benefits of proper Shopify Inventory Management is that it enables in maintaining a track of the orders fulfilled. In the absence of this facility, the businesses can lack a good customer base. For example, an order has been placed online by a customer and after receiving the order the eCommerce seller finds out that the product is not in warehouse. To avoid this kind of situation Shopify Inventory Management aids in keeping an organized track of the stock in the warehouse and reflecting the same number of stock in the marketplaces. Are you looking Shopify POS?
Making Proper Plans for Stock updating:
A strategic plan is required to keep note of which products are available in the warehouse and which are required to be ordered. A full-proof Shopify Inventory Management is essential to properly manage the existing stock and avoid overstocking of items or replenishing depleted stocks. When you have a proper system to manage stocks the problems like these gets mitigated, thus saving both warehouse space and overall cost. Are you searching Shopify Inventory Management?
Satisfying Consumers:
Imagine being at the place of a customer who has ordered a product online. That eagerness of receiving the order is evident and implied. How disappointed you will be when you receive the order late, not as described or damaged. As a result, the eCommerce business loses the customer base. To mitigate the issue a good Shopify Inventory Management system comes to the rescue. It enables the business to fulfill the order quickly within the specified time, thus increasing the consumer satisfaction and winning potential customers.
For a successful online business, it is important to have an equally competent eCommerce solution provider which can help in managing the hassles involved in functions like Shopify Inventory Management or Shopify POS. It will be beneficial for businesses going online to get aboard with an experienced partner to ease the task. Nowadays, the Indian, Pakistan online retailers have many options; they can a turnkey eCommerce service provider with end-to-end eCommerce solutions or full cycle inventory and order processing system like Boostmysale, Shopify, Unicommerce etc to effortlessly take care of all eCommerce needs.
Whether it be inventory management or other processes, proper management and strategic planning are the key elements applicable in the field of business.
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This is how we incorporated work from home into our lives, and embraced the new normal https://t.co/NGmLoGW4Ja #inthistogether2020 #Unicomrades #workfromhome #LifeAtUnicommerce #togetherwecan #workonline #strongertogether #TownHall2020
This is how we incorporated work from home into our lives, and embraced the new normalhttps://t.co/NGmLoGW4Ja#inthistogether2020 #Unicomrades #workfromhome #LifeAtUnicommerce #togetherwecan #workonline #strongertogether #TownHall2020
— Unicommerce (@Unicommerce1) July 7, 2020
from Twitter https://twitter.com/Unicommerce1 July 07, 2020 at 12:38PM via IFTTT
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