Category Archives: eBay

5 Key Metrics new sellers must keep their eyes open to

Daniel Posted On - February 6, 2017

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How do I boost my online sales? How do I cut higher profit margin? How do I derive more traffic to my e-store?

These are few very common questions new online sellers often ask. Less they know, while as complicated as the answer might look, it’s rather quite simple and straightforward—by making informed decisions.

Shooting in the dark is a recipe for failure

More relatable to new online vendors, they often make crucial business decisions without following key facts, figures and trends—only to realize later that it was a poor choice. Maybe it looks like a right thing to do or maybe that’s what the others are doing, basing important decisions on intuitions and shooting in the dark is a perfect recipe for failure.

In fact, one of the foremost tips and advices of successful online sellers is to analyze sales data and other metrics to “know for sure” – whether eBay selling or having multiple storefronts – before making any move that could potentially steer your direction either to success or disappointment.

But on the flip side, while as important as it is to regularly evaluate database to map future strategies accordingly, there’s just too many metrics to care about—from sales KPIs like average margin, competitive pricing to Marketing indicators like unique visitor volume and page views per visit to customer service metrics like average resolution time and email counts.

It’s a big dark jungle of numbers that even the experienced sellers might find themselves lost in, let alone the new players. While many top sellers opt for professional help in this department, the new ones can’t really spare the cost.

So what the new online sellers should do? Do they spend hours gathering all the relevant (and irrelevant) data and then spend few more days to understand it all?

Sure it can be quite rewarding if they know all their metrics well, decision-making would become much efficient. However, to keep things sweet and simple at the initial stage and help them save their time for other important tasks (inventory management, store optimization, marketing, and more), here are 5 key metrics the new online vendors should prioritize atop-

  1. Daily sales You won’t make grand sales right from get-go. It’s going to take time to accelerate. So it makes more sense to not to be obsessed with your daily sales; something that everyone recommend. However, to have realistic expectations of future growth and to conduct A/B testing with your strategies, you should check the amount of the sales you’re making every day and then compare the data week-on-week for a bigger picture.
  2. Conversion rate– Don’t get too hung up on your stores’ daily traffic. Even when high, you might not be making as much sales. Keep an eye open to the conversion rate—the number of visitors to the number of sales. When down, know something on your store isn’t right and needs fixing, whether the overall aesthetic, content or something else.
  3. Customer acquisition cost (CAC)– It’s how much are you spending to gain new customers or to make one sale. More relevant when you’re spending on advertisements and other promotional efforts. If your CAC is too high, you need to bring it down to cut higher profit margin.
  4. Shopping cart abandonment rate– How many people are actually adding your products in their shopping cart but aren’t actually buying? This is one important metric that shows the loopholes on your store, in your transition steps; maybe you aren’t offering the right payment options, maybe the potential customers aren’t sure of their details’ security. Identify the problem and fix it!
    Did you know the average shopping cart abandonment rate for online retailers is 67.91 percent?
  5. Email CTR– Running email campaigns parallel to your sales strategy is one of the most important tasks. For customer retention, having a winning post-sales follow-up is important and this is where emails come in. You must communicate and engage your customers, and push them (sensibly) for another purchase. But what if you’re sending them emails but they aren’t actually reading it—and the ones who are, in fact, reading, aren’t clicking on the given links (your CTA)? So it is important that you know the Click-Through-Rate (CTR) of your emails. If it’s low, there’s something wrong with the content of your email.

Of course collecting and analyzing even these selective metrics would be no less easy. It’s going to take some time and a bit of brainstorming. To save your time and more stress, you can sign up to e-commerce solution—more so if you’re selling on Walmart.com, Amazon and numerous other marketplaces and storefronts together. Aside helping you handle all your backend tasks quickly and smoothly, the top ones also provide with regular sales report. It’s much detailed and easy to understand, which can save you more of your time.

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The secret life of successful online sellers

Daniel Posted On - February 6, 2017

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A lot has been written about successful online sellers over web—how they started with zero investment, how they are making millions today, the luxurious life they are currently enjoying, and just how rocking their lives are right now. While as exciting as it is to read these ‘success stories’, fact is that they often skip so many important details, offering only the ‘goods’ the readers want to read. This leads to false and unrealistic expectations that new sellers hold close to when making important business decisions. And needless to say, this turns out fatal for their business over the course.

Here are 6 crucial truths about the journey of successful online vendors that you don’t get to read in these purported success stories-

  1. They spent countless sleepless nights

These successful Amazon and eBay sellers were once but a beginner rather like you. However, to complete the journey from where they were to the current spot where they are, they spent countless sleepless nights, working hard to face the challenges and make things work out—something that the regular ‘success stories’ sidestep, focusing solely on the ‘success’ part.

They are more serious about marketing than you

Marketing is the key to success for every business. And the successful online sellers know this very well. Aside optimizing their stores for the internal search engine of marketplaces, they still spend a ridiculous amount of time promoting their products and store across platforms, from social media to IMs to search engines. And unlike the new sellers, they don’t shy away from investing in advertisements and PPC.

  1. They offer personalized experience to the customers

Given the high competition in the market, successful online sellers strive to offer personalized experience to their audience and customers, whether with marketing, selling or post-sales follow up. This helps not only boost their sale, but also build customer loyalty, who acts as “fans” of the store, often triggering Word-of-Mouth marketing.

  1. They always strive to scale their business

Started from the bottom, now they are at the top—one of the reasons why that is because they always strive to scale their business. They always plan and map strategies how to reach more audience, how to make more sales, and how to expand their business beyond.

  1. They make time to ‘live’ by using e-commerce software solution

One of the biggest secrets of top vendors, in fact, is they are never alone in their endeavors. While they often hire professionals and experts for additional assistance, for all their backend tasks, they rely on multi-channel e-commerce software solution. Handling everything of various storefronts from a centralized platform, including products setup, real time inventory management and order fulfillment, they end up making plenty of time for other important tasks and luxurious activities.

  1. They enjoy a location independent life

Yes, few part of the cliché ‘success stories’ are true. Top online sellers do enjoy a dreamy life. Some even live a location independent lifestyle—more common for the affiliate Amazon and eBay seller. Working from Thailand this week while in Rio de Janeiro, soaking sun on an exotic beach the next week.

So have you been reading the success stories of successful online sellers for some beat of motivation, know that they often skip crucial parts of the real stories. Prevent from forming any unrealistic expectations. Enter the market – sell on Walmart online, start an Amazon storefront – with the right facts and numbers.

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Here’s What eBay Sellers In Walmart.com Are Happy About

Daniel Posted On - December 21, 2016

eBay Sellers In Walmart.com
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The fact that Walmart.com has opened up ample avenues for third party sellers to perform under their umbrella, has been considered a mini blessing by e commerce sellers at large especially those that are already present in top marketplaces like eBay and wish to enhance their scope even further. However, the raging battle with established and often demanding marketplace requirements has left infinite sellers fumbling with locating routes to harmonious selling practices.

On occasions when sellers, especially Amazon eBay sellers failed to find the best integrated selling strategies, the consequences were as drastic as warnings, loss or ranking and eventual suspensions in both platforms. While many such cases have been reported over the past few months, the brighter side of the picture has emerged with a number of sellers in Amazon and eBay stating their first hand experience on performing in both marketplaces successfully.

Here are a few factors that have been pointed out by these sellers as being integral in contributing to their success…

Integration professionals are only a step away –

Integrating with Walmart.com is a perfect bliss for all sellers in the world of ecommerce. The platform has maintained effectiveness and simplicity in its API, which makes it easy for sellers at all levels to understand and act accordingly. Besides this, sellers can also gain easy access to the best ecommerce solution developers that are also the official integration partners for Walmart.com. Things could not get any better than this.

Pricing compatibility tools are available easily with quality e commerce solution developers –

When you sell on Walmart.com and eBay at the same time, a lot of issues associated with pricing inconsistencies between the two marketplaces can arise to take a toll on overall performance, visibility and profits. However, with the availability of advanced tools and software solutions that are available with the official integration partners of Walmart.com, these inconsistencies can be easily bridged.

The solutions usually come with a considerable price tag, but are always worth the approach and are perhaps the best shield against adverse consequences like loss of visibility, warnings and suspensions.

FBA applies in Walmart.com, so maintaining quality in order fulfillment is never an issue –

FBA is applicable to eBay and Walmart.com perfectly. Thus, sellers who are already using this order fulfillment system are not required to hunt around for suitable order completion solutions while performing in Walmart.com. Approaching proper FBA integration with all marketplaces of presence should be good enough to maintain commendable performance.

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Walmart eBay Integrated Selling Simplified

Daniel Posted On - December 15, 2016

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Selling in Walmart.com and eBay together can be profitable in many ways for many reasons some of which are often irresistible. However, what may often come in the way though is managing the two platforms concurrently considering the alarming similarity in selling practices that are maintained rigidly in both marketplaces.

The problems –

The problems of Walmart eBay integrated selling are usually associated with pricing and best offers. Both of these marketplaces are aimed at offering the lowest prices and the best deals to their buyers which is a little unlike Amazon where the factor of ‘lowest prices’ is usually not the main concern.

With eBay and Walmart wanting their seller to list their products at the lowest price while offering the best deals in terms of shipping advantages, return period etc, maintaining harmony between selling strategies in both platforms while maintaining personal profit levels can get really difficult.

The consequences –

There are times in the course of Walmart eBay selling when discrepancies with respect to pricing mismanagement etc can crop up without any prior warning. In these situations neither of the platforms can be expected to oversee the shortcomings or be in a mood to forgive and forget.

If list price of one product gets lower in one platform in comparison with the other, sellers can expect consequences in terms of warnings and suspensions from both marketplaces. Sellers can also witness an immediate loss of ranking to practical invisibility in no time at all.

The solution –

The problems along with the associated consequences of the same are usually experienced by sellers that have not approached proper integration of the two marketplaces prior to selling in the same. On approaching proper integration that is fortified with evolved softwares and tools can help sellers bridge the otherwise impossible gaps through which operational harmony could leak out without warning.

Usage of high quality integration solutions allow sellers to maintain infallible vigilance even in the minutest change that occurs in the marketplaces and that too by the second. This prevents mishaps associated with pricing inequalities that can lead to irrecoverable damages to visibility and profits in the very near future.

Understanding the possible hassles that sellers can experience in multichannel performance, Walmart.com has taken measures to offer easy assistance to the former in their efforts. Partnering with some of the leading e commerce solution developers of this century for sellers to access easy, effortless, effective and thoroughly affordable integrations can be mentioned in this respect.

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Do You Really Need A Store For eBay Selling?

Stephen Posted On - November 25, 2016

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eBay stores are usually considered one of the best ways to manage presence in this top and fast performing marketplace. Owning an eBay store allows better exposure before target buyers, improved ranking in search results and most importantly, higher degree of dependability with buyers at large. Sellers with stores in eBay can also access features to improve the look of their store fronts which again, is a very potent means of winning the attention of purchase motivated traffic that can be expected to come back over and over again.

The question, are store suitable for all entities engaged with eBay selling? Here are three factors that can help enthusiasts make their decision for a brighter future in this marketplace…

Volume of business

eBay stores are usually compatible with high volume sellers that have hundreds of products in their listing and thousands of unit worth of inventory stored across multiple warehouses in eBay. As is obvious, the revenues generated by these large sellers have to overcome the costs involved in hosting a store in the first place.

As far as small and hobby sellers are concerned, maintaining a store can be more unproductive than otherwise. More often than not it has been seen that sellers with lesser than 200 products in their listing don’t get high search ranking as is otherwise expected. At the same time, inability to manage costs can lead to losses than cater to building profits.

Power seller status

Sellers with the power seller badge can have an edge in this respect. Power sellers are usually high volume sellers, with amazing performance records that can already fetch them the visibility and dependability they need to maintain stores in the first place.

Health of business

Irrespective of how voluminous your business may be, if it is not in good health in terms of growth charts and profits, store may become black holes for sucking out revenues than otherwise.

Whether in eBay, Walmart, Sears, Amazon or any other platforms for that matter, building stores is always considered a luxury that can be handled only by a remote few. In very simple words, if you don’t have the bulk, the revenues or heath, it is better to opt for the regular selling options than approaching stores. If you do feel that stores are your thing, it is wise to continue with proper integration and automation tools offered by dependable providers for wholesome and optimum benefits.

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A Brief Insight Into Stocking eBay Amazon Inventory In Warehouses Profitably

Stephen Posted On - September 24, 2016

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Your approach to inventory management in Amazon and eBay can determine the future of your business in these two top marketplaces. Very often it has been observed that maximum number of beginners who are rather inexperienced in Amazon and eBay selling falter in inventory control that eventually paves the way for issues like over and under selling, order cancelations and drainage of funds. This makes it very necessary for sellers to be aware about the inventory management best practices in these marketplaces to stay in the right track from the first day on.

Basically, there are 4 rules that need to be remembered…

Stock as much as necessary –

If under stocking is not considered healthy for eBay Amazon selling, neither is over stocking. Over stocking of inventory usually happens when sellers make wrong predictions of demands and pile up on their stock to prevent running out of the same. This basically leads to heavier warehouse charges which gets worse when the products don’t fetch any sale for a period of time.

Be connected to the supply chain from the source –

Staying in tune with eBay Amazon warehouses is only one side of the entirety of inventory management. The other side involves staying in touch with the supply source from where the concerned retailers / merchants get their stock in the first place. Losing track of the source can lead to infinite issues that can often end with long term out of stock status or scrapping of concerned listing.

Integrate with the best inventory control softwares –

eBay Amazon inventory is best managed with the assistance of high quality software solutions especially the feature rich options that are made available by reputed third party e commerce solution developers. Features like real time inventory movement updates, low stock level alerts, regular reports on performance etc are expected in the chosen options.

Move stale inventory than withdrawing it –

Another critical aspect that all sellers must take note of is the art of moving stale inventory. There are times when certain listings fail to fetch sales causing the inventory in the warehouses to stay put in the shelves. This again enhances storage cost in the part of the sellers while not fetching any profits for months.

In cases when stale inventory is experienced, most sellers find it convenient to withdraw the items for instant relief. However, the best approach in this respect is to move the inventory with better listing or re-listing the products. Offering combo deals can fetch remarkable results in moving stale inventory.

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Things To Consider Before Choosing eBay FBA

Robin Smith Posted On - September 15, 2016

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You could be an eBay seller, but you can still rely on Amazon to fulfill your orders successfully. While it is true that eBay as one of the top marketplaces has its own means of order completion with its own set of benefits, choosing eBay FBA has its unique advantages that can often supersede the former. Quick, effective and effortless order completion has always been possible with FBA. This is followed by the advantage of being completely relieved of the hassles associated with storage, picking, packing, shipping etc. In short, scoring high reviews and ratings with FBA is a massive possibility.

On the flip side though, there are certain factors that may compel you to question the applicability of this format of fulfillment to your business. Here are some factors that you need to consider before choosing eBay FBA…

  • To begin with, FBA for eBay products can cause some significant drainage to your investments if especially of you are clueless about FBA fee calculations. Considering the fact that fees for different products are different based on factors like size, weight, delivery area etc. you need to enlighten yourself with the profitability of FBA in favor of your business before you go for the same.
  • Secondly, as far as your clients are concerned, there may be some confusion about them ordering from eBay but receiving an Amazon parcel instead. This is mainly because buyers are usually unaware of the intricacies of order completion in different marketplaces and are also rightfully justified in their lack of knowledge. This again can intrigue the buyers to check similar products in Amazon listing rather than approaching eBay for the same.
  • Thirdly, succeeding completely and all-inclusively in FBA for eBay calls for proper integration of the two platforms. Poor integration may lead eBay sellers to lose track of their products in Amazon warehouses which again can cause significant increase in storage bills especially for slow moving products. It is true that the layout of FBA is such that most sellers experience loss of control on their inventory on subscribing for the same. However, with proper integration, you can retain maximum control of your inventory eve over cross platform performance.
  • Besides this, while subscribing to FBA, eBay sellers must be very careful about coding every individual product flawlessly as well as fulfilling all other requirements that FBA may call for without errors. The rest is assured to fall in place by itself giving way to a hassle-free and productive route to order completion.

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    5 Horrors All eBay Sellers Wish They Could Avoid

    Stephen Posted On - September 10, 2016

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    If you think you are having a hard time in eBay, please remember that there are many other sellers who are suffering extreme horrors at this very moment. This is also the lot who can narrate a chain of unfortunate circumstances in their own firsthand experience that will make you thank your stars for being at a far better position.

    Here are 5 of the most common issues that eBay sellers face at some point of the other which can cause significant levels of push-back in business. However, none of these are matters that cannot be brought under control with the right techniques at the right time.

    Invisible listing

    The matter of listing invisibility was faced by infinite sellers even the upper crust sellers in eBay mostly after Cassini was rolled out a couple of years ago. It took a while for all to understand what the new search engine demands and create listing accordingly. The impact of the rollout was so bad that many sellers had to consider quitting eBay for a more favorable platform.

    Unexpected marketplace updates

    Besides Cassini sudden surprise updates like the latest delivery review have grasped sellers in a whirlpool of uncertainty. In fact, many sellers have been performing under pressure that has directly contributed to messing up their approach to selling as well as their good night sleep.

    Fraudulent purchases

    There is not one eBay seller who can say that they are completely safe from fraudulent purchases. eBay as a platform is well known for fraudulent buyers who either misuse products and return for full refunds or make fraud payments through ghost accounts leading to complete loss in the part of the sellers.

    Bad reviews

    eBay selling is never a bed of roses. At some point in selling, bad reviews and rating are assured to come in to add bitterness to your otherwise good records. Things usually seem gloomier when these poor reviews don’t have any real backing. Cassini takes reviews very seriously; therefore dealing with these horrors can be a painstaking experience.

    Fee miscalculations

    O My God, What Have I Done moments are common with fee miscalculations. Even with the best eBay Amazon seller central assistance, fee miscalculations can cause significant setbacks for sellers. Not using fee calculation tools can often lead to this hassle.

    Basically, if you feel that you are facing any of these issues, it will benefit to remember that taking the right preventive measures and corrective measures can bring things back to health.

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    Quick Tips To Make Your Seller Profile Look More Authentic In eBay

    Steve Burns Posted On - September 4, 2016

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    How you manage your profile in ecommerce marketplaces as a seller goes a very long way in determining how impressed and convinced your target customers will be. While there are certain ecommerce marketplaces that do not allow sellers to gain more popularity over the platform itself (like Amazon), there are others that ensure that all sellers get an opportunity to build up their brand name. eBay is a shining example of the latter. In these marketplaces, eBay seller profiles usually make a massive difference as far as gaining and retaining attention from target buyers are concerned. The idea is to display your best without going overboard.

    Here are a few quick tips to make your profile attractive and engaging at the same time…

    eBay Seller Profile

    eBay Profile Picture

    eBay allows its sellers to use appropriate profile pictures which is in fact a very believable way to win the confidence of the buyers. Profile pictures of your brick and mortar establishment preferably with you in it will directly enhance the authenticity of your store / brand. However, it is advisable to be wise with the pictures used in profile in the sense that sellers must understand that eBay is not social media. at all times, the pictures need to be professional.

    Descriptions

    How you describe your brand / shop / endeavor in your profile determines the level of traffic that will eventually hit your store. While it is alright to keep things professional, making a strictly text book approach in describing your store can be counterproductive. Online shoppers these days are ready to inhale some excitement when it comes to knowing the sellers they are shopping from. So, adding a brief paragraph on what made you commence your business and what makes you one of the best in your line, will always be in good taste.

    Reviews and Ratings

    If you have managed to win good reviews and ratings over your months of operation, please ensure making the same amply visible in your profile. Highlight the best reviews and ratings so that they are perfectly visible to buyers when they click on your products. This is one of the best ways to add glamour to your eBay profile for the best of consequences.

    Last but certainly not the least; never shy away from consulting professionals if you feel that you will require assistance in making your profile more attractive than it already is.

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    Have A Super Expensive Item To Sell On eBay? Take These Precautionary Measures

    Daniel Posted On - August 16, 2016

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    These million dollar products were actually sold on eBay

    Dinner with Warren Buffet – 2.63 million!

    5 person town of Albert, Texas – 2.5 million!

    Zagami Martian meteorite – 450,000 $

    The Giga Yacht at 168,000,000 $ is perhaps one the most expensive eBay item ever to be sold!

    Yes… all of these and more have been sold on eBay by sellers who somehow had the perfect understanding of how get the best of this auction based marketplace. This basically shows that there is possibly no easier way to explain that eBay is a platform for everything. Whether you have a 5$ hat to get off your shelf or you have a princess cut diamond to sell, you can find bidders here waiting with cash.

    As far as selling some of the most expensive things on eBay are concerned, the question is, how do you do it right? Matters of gaining buyer attention, getting the right amount that you may have thought of in your head and most importantly staying safe while transacting can rob you of your sleep in you have not planned your course of action right.

    Mini Chart for Best Course of Action

  • Start the bid small – If you are expecting to fetch 1500$ for your product, don’t ever start the bid at 1500$ or around. You should in fact, start the bid with a very small amount, say 75$ or 80$ for example. This will help that product gain maximum visibility which will in turn enhance the worth of the product.
  • Make the products as believable as possible – Say for example, if you are selling a 4 carat diamond ring, try and include as many inputs of authenticity as possible. Original documents, certificate of authenticity, original boxes in which the ring came, handwritten notes if any (if the item has some historical significance) etc. will help in increasing the value and dependability of the product. This will win greater buyer attention.
  • Describe the product with perfect honesty – This is extremely important when you are selling the most expensive thing on eBay. If there is a scratch on your product please mention it clearly. This will prevent any chances of return request from buyers. you must also offer as many pictures as possible from as many angles as possible to dismiss any possible grey areas.
  • For your own safety

    Stories of eBay frauds are not very uncommon. When you are selling very expensive items, you will have to be extra cautious. Use address verification systems to detect authenticity of delivery addresses are critical. Use fraud prevention tools to detect fraud transactions are just as important.

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    Easiest Ways To Drive Traffic To Your eBay Store

    Robin Smith Posted On - July 30, 2016

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    You have opened your eBay store and are thrilled about it! You have listed the products you wish to sell and they are in the best of health. Your shop front looks enticing and ready to treat the flock with the best that they may have experienced in terms of quality and prices. However, something stands in your way as an invisible hurdle that appears to stop eBay traffic from flooding into your store! This has been the unfortunate case with hundreds of eBay sellers who have had to leave the platform in dearth of traffic.

    If you are one among those asking ‘how to increase traffic to my eBay store’, the answer may be easier than you thought! Here are 4 easy solutions which when conducted properly can increase your traffic by 100% if not more…

    Go social

    With billions of eyes stuck on platforms like Facebook, Twitter, Reddit, Google +, Pinterest etc. social bookmarking can win you phenomenal traffic almost instantly. You need to share your link engagingly and organically to drive prospective buyers to your eBay store.

    Try Vlogging

    Volgs = Video + Blogs, are trending these days. Almost every YouTube subscriber runs through informative vlogs on products they wish to purchase. Say for example, if a certain buyer is planning on purchasing a certain brand of foundation, the individual is sure to look through vlogs that throw light upon the quality and intensity of the same. If you share vlogs on the products you sell and connect links to your e Bay store, you will actually drive purchase motivated traffic to your venture.

    Content and effective linking

    Content in the form of articles and blogs, is also considered one of the best ways to drive traffic to eBay store. Publishing your articles with organically embedded links can increase your store visibility like never before. If you think that you cannot write impactful articles yourself, you can always seek assistance from professional content creators who will deliver impactful results at affordable prices.

    Listing optimization

    Fourthly, there could be no better way to multiply visibility than optimize your listing in eBay. Optimized listing with the right set of keywords, proper descriptions, impactful images and user friendly titles can win the faith of eBay search engine easily and effectively. Landing page optimization should also be considered at the very onset of the business. For gaining functional optimization, it is advisable to use software solutions from reputed e commerce solution developers.

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    Locating Your Inventory Management Soul-mate Need Not Be Difficult – Answer These 3 Questions

    Robin Smith Posted On - June 13, 2016

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    The process of Inventory control is one of the most time consuming and complicated processes in e commerce especially when your stock is large and spread over multiple platforms of sale. Poor inventory management has often been the cause behind suspension of sellers in top performing marketplaces like Amazon and eBay. The solution to this otherwise massive life and death issue lies in using the right softwares and tools for the purpose. In fact, it has been mentioned by nearly 100% of happy users that inventory management tools have actually improved their performance and profits by over 30% (on an average).

    At this very moment, there are hundreds of different varieties of tools and softwares designed for controlling inventory. Each of these multichannel and Omni channel softwares have specific functions and features that are compatible with different types of sellers depending mainly on their volume, their spread, their motive to grow in the next few months or year and most importantly, their present ability to invest to feature packed solutions. Choosing unsuitable solutions can often lead to very disheartening results some of which are as follows…

  • Sellers may land with features that they don’t need at all and pay for them at the same time.
  • Face excess expenditure that can severely compromise on average profits
  • Have high quality software installed in a system that cannot support it (this is a massive waste)
  • Does not support integration with all platforms you are present in or wish to establish presence in the near future
  • Putting it in very simple words, it never takes too much to find your ideal inventory software soul mate. A little self interview on determining your priorities, your long terms / short term goals and your present financial status to determine the quality of investment in these solutions is usually all that it takes.

  • The first question that you need to ask yourself is where exactly you stand in the world of e commerce and what are your short term goals? Do you wish to continue your venture as a single channel seller or do you wish to spread over one, two or more e commerce marketplaces over the next 2 to 3 years? Are you or are you not considering opening a brick and mortar establishment besides your online stores? Once you know where you stand and where you wish to stand in the next couple of years, you can confidently pen down your priorities and make your move for the best suited software solution.
  • The next question you need to ask is, what type of features do you expect in your software that will address your current issues in the best possible way? These are the days when features like bringing inventory movement from multiple channels into one single user interface are considered basic. Besides this, you can also access features like built in shipping management, listing and pricing aid and many more. From solutions that support multichannel tools to Omni-channel softwares, there is everything that you can avail from e commerce solution providers.
  • Last question that you need to ask is also the most important. It is all about how much you are willing to invest in the multichannel tools and inventory management solutions and how do you wish to make your payments. Taking it from winners, paid options are always more feature packed than the free ones so going for them will only benefit. At the same time, you need to determine how you wish to pay for your inventory software. Do you wish to pay monthly, quarterly or annually needs to be answered at the onset.
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    Amazon Sellers Are Pampered Lot – Truth v/s Myth

    Thomas Posted On - May 16, 2016

    Amazon eBay Sellers
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    Amazon is a class apart in many ways making it the unchallenged leader in the world of e commerce. While many new e commerce marketplaces are claiming that they will soar over Amazon in a few hand counted years, in all honesty, this is one of the toughest and rather unachievable dreams that may not be possible till the next few decades. Besides that fact that Amazon is the largest marketplace in the world for perhaps, the largest categories of products, this is also the platform that offers the ultimate possibility of growth and profits to sellers irrespective of their size, experience or volume of business.

    In fact, it is often believed by the world of e commerce enthusiasts that Amazon seller happen to be the pampered lot who are spoiled rotten with over-the-top advantages showered on them. For those who have glanced through the benefits of Amazon vendor, seller central and most importantly FBA, cannot often be convinced otherwise. In most cases, there is no need to. However, to take the fact for granted that Amazon pampers its sellers rotten is nowhere close to the truth. Whether you like it or not, Amazon & eBay has always been and will continue to be more in favor of buyers than Amazon or eBay seller.

    Say for example, if there is a tussle between the sellers and buyers about a certain order in terms of returns and refunds, one can take it for granted that the verdict will be settled in favor of the buyers. It does not really matter how flimsy or absurd the reason for returns may be. The crux of the matter is, if the request is made, it will be entertained. So, hypothetically, if a certain clever buyer orders a designer dress, gets it delivered, wears it with the tag on to wherever intended and places return request the next day with the dress intact with the tag and in perfectly saleable condition… the request has to be entertained.

    At this very moment, discussion forums are getting hotter with how unfair Amazon gets with sellers when it comes to perfecting purchase experience in the part of buyers. Besides this, an average Amazon seller also gets to experience the inadequacies of the otherwise advantageous options of sellers / vendor central as well as FBA. In all honesty, none of these are fool proof solutions to seller success. Winning in Amazon can actually get very tough for the latter and requires constant hard work and support from intelligent tools and software solutions. at times, business improvement in Amazon can get really expensive.

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    Smart Inventory Control For Perishable Goods

    Daniel Posted On - May 16, 2016

    eBay inventory control
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    All things under the sun come with specific expiry dates and this includes the planets and the sun itself! However, the fact that certain items of crucial importance like fresh fruits, fresh vegetables, grains and an array of packed and processed foods have no more than a few odd days of survival. These hand counted days are usually known for keeping grocers in the ecommerce platforms up on their toes almost all the time.

    Considering the fact that such inventory on an average has less than a week to move the risk of running into serious losses is always very high. Without implementation of smart inventory control means, winning in e commerce grocery business can be nothing short of a black hole.

    The usual tips that can be applied for Amazon or eBay inventory control usually fall short while addressing the matter of e commerce grocery set ups. Right from the process of procuring the saleable items from their wholesaling source to stocking them in proper storage systems and managing orders can be extremely trying and expensive. For those who are planning to kick start their e commerce grocery business, here are a few things that require serious consideration…

    Firstly, it must be remembered at all times that as far as fresh fruits and vegetables are concerned, it is impossible to resist damages. Even if you manage to acquire 95% of your products in perfect shape, there will that other 5% that will call for urgent moving from the shelves. If you guarantee 100% satisfaction to your buyers, you will not be able to mix these items with the regular orders and wish that customers will forgive that one bad apple in the entire basket. This usually never happens.

    Secondly, stocking and warehouse management should be your primary focus. You cannot stock perishable eatables at any odd warehouses. Temperature controlled storage systems are a must with appropriate means of tracking product expiry. This may cost some money in the form of upfront investments. If you hire warehouses, the rent is also assured to be reasonably high considering the volume and nature of stock.

    Thirdly, you will have to ensure that delivery of the ordered items happens within 24 hours or around. Any longer, and there will be infinite chances for the products (especially fruits and vegetables) to start rotting. This is never acceptable to buyers and may also call for refunds.

    To sum up, the eBay seller software to inventory control systems for perishable goods should include a good plan to move the stock faster, have it delivered faster and most importantly access means that will help sellers keep track of the shelf life of the goods so that orders and delivery can be managed accordingly.

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    eBay Selling Strategies That Large Sellers Need But Hobby Sellers Don’t

    Stephen Posted On - April 19, 2016

    eBay Inventory management
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    eBay as a top performing marketplace has gained phenomenal popularity among e commerce enthusiasts mainly because it accommodates all kinds of sellers. Whether you are a very large manufacturer or a midsized retailer; whether you are private label enthusiast or a 10 product hobby seller; eBay has made itself accessible and profitable for all. While every one of these sellers are perpetually clashing to gain the best exposure and the best profits (in their terms) the strategies that are used by the larger sellers happen to be way different than that of the smaller hobby sellers when it comes to achieving individual goals.

    Say for example, larger sellers in eBay who usually maintain very large inventories across multiple warehouses can never get even a step ahead without proper eBay Inventory management systems that integrate and automate their inventory movement seamlessly and flawlessly. Hobby sellers on the other hand can well do without these otherwise expensive support softwares. Considering the fact that their inventories are mostly socked right under their nose, movement of the same is always traceable. At same time, maintaining these support systems with bare minimum pocket-money profits is never a good business decision to make.

    Creating quality eBay listing is one of the most critical tasks that all sellers need to take up with extreme care and caution. Sellers with hundreds and thousands of products usually find relief in using eBay listing software for the sole function of automating in creating the listing or brining changes into the same. Hobby sellers with hand counted products to sell, on the other hand can accomplish quality listing manually. With very little to upload, the task of creating quality keyword rich titles, taking quality images, determining competitive prices etc all gets very easy. Spending on softwares when manual efforts can be more promising is not advisable at all.

    Besides the usage of softwares for critical operational tasks, there is yet another factor that differentiates the selling strategies of hobby sellers and larger more serious sellers and this has got everything to do with opening eBay stores. Opening eBay stores is usually advisable to larger manufacturers, retailers, private label owners etc who need to create a brand impact to drive sales. Hobby sellers who are usually home based sellers don’t have any such urgency nor do they have the required funding to open and maintain eBay stores. So, they are better off selling individually than otherwise.

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