Listly by Keri Bolton
Stock Konnect is the ultimate listing software because it makes all the hard choices for you. Once you upload a product into our inventory, it can then be added to eBay, Amazon and Magneto without any additional customization.A powerful listing management, fulfillment e commerce tool for eBay, Amazon, Shopify and other platforms that allows you to create single and multiple variation listings. Stock Konnect removes the complexity of selling on multiple channels. With Stock Konnect, merchants can create new product listings, manage existing listings, control and sync inventory, manage orders, and run reports, all through a simple and intuitive interface. Using the information saved within Stock Konnect, you can upload your inventory to your selling channels from one application.
Why should you use Stock Konnect ?
List to Amazon, eBay, Shopify and Magento faster than ever before. Use our Stock Konnect Multi channel eCommerce fulfillment software With our Multi channel E-commerce Solution, integrate your eBay, Amazon & e-commerce website to save time by automating the product listing process and integrating the orders & inventory at one point
Source: https://www.stockkonnect.co/
LISTING SOFTWARE Stock Konnect is the ultimate listing software because it makes all the hard choices for you. Once you upload a product into our inventory, it can then be added to eBay, Amazon and Magneto without any additional customization. Powerful Multi-Channel E-commerce Inventory ManagementVariations & Item
Stock Konnect Multi Channel Listing Software is a powerful solution to easily list and sell the variation of products on multiple sales channels. It also helps to control stock, synchronize inventory, fulfill and manage orders, and access the well managed reporting intelligence you need to be successful. The Listing Tool is an ideal solution for the professional sellers who want to streamline and optimize the way they sell or want to sell on the multi channels eCommerce stores like eBay, Magento, Amazon or many others.
Listing Management Software
No matter you are running your eCommerce business through your home or a company, the specialized Listing Tool powered by Stock Konnect cover you up by easily listing your inventory on multiple channels with just a single account from central catalog to reach more customers, no matter where they shop.
Streamline Your Selling On Multiple Ecommerce Store Faster Than Ever Before | Stock Konnect
Although manage the business is not quite simple and when it comes to deal with ecommerce multi-channel stores, it could be frustrated and annoyed to handle it. Usually, manage the listing and inventory on multiple ecommerce marketplaces is not the kids play. Because manage the variation of listing on different stores with different accounts and on different browsers is quite hectic.
With the sole purpose to overcome such type of exhausted activities, Stock Konnect brings an ultimate and powerful solution “Listing Tool” to automate Listing, syncing Inventory, controlling Stock, and managing orders of multiple channels on a single platform, with the same account, just a single click.
Multi-Channel Ecommerce Fulfilment Listing Software | Automated Updation of Listing and Inventory
Ecommerce Fulfilment Listing Tool easily syncs product Listing across all your stores, multiple stores, and sites over multiple marketplaces in real-time. This assures that you never oversell again. Just link with Stock Konnect and make a sale anywhere to get instantly updates stock everywhere.
Keeping the inventory or stock update every minute is the main factor to boost up your ecommerce business up to the success. We understand that maintain accurate stock level, or update the inventory over the real-time mark can be quite hectic for a person on his own. Stock Konnect’ Fulfilment “Listing Tool” brings the ultimate approach in updating the inventory automatically without any hassle. This tool is fully integrated with multiple marketplaces like eBay , Amazon, Magento, Shopify etc. Single and Variation Listing, Inventory, Stock, and Orders are managed on a single platform.
Stock Konnect’ Listing Software is a power packed fully integrated software that is reliable and helps you to increase your sales volume in a convenient way. So, the question is “How this Tool is reliable & convenient for sales Channel?” This listing tool is a powerful ecommerce fulfilment tool that not only allows to sell over Shopify, eBay, Amazon, or Magento. But it also facilitates to list the product on all marketplaces in Bulk with just a single account and manages Inventory, syncing Listing, and control stock dynamically.
Stock Konnect’ Listing Tool is designed to help you spend less time to list products in bulk over multichannel stores and to grow your online or eCommerce business faster than ever before.
Listing Tool
Why should you use Stock Konnect?
Stock Konnect facilitates to automate Product Listing, update Inventory, and Shipping across Multiple Shopify, eBay, Amazon, and Magento Stores automatically. Stock Konnect’ Listing Tool also reduces the complexity of selling on multiple channels. Sellers can create new product listings, manage existing listings, Sync and update Inventory, manage orders, and run reports, all through a simple and intuitive interface on a single platform “Stock Konnect”.
Here are some important factors which will allow you to get your online business connect with the Stock Konnect, are as follows
Multi-Channel Stores’ Integration
You can connect many Shopify, eBay, Amazon & Magento accounts as you manage to a single Stock Konnect account.
Listing in Bulk
Instead of creating single listing, Stock Konnect allows you to create Listing in Bulk according to Variation in Product’s feature like size, color, category and etc.
Automated Inventory Updation
The Stock Konnect’ Listing Tool is tightly integrated with Shopify, Amazon, Ebay and Magento and others. All of your inventory products quantities are automatically sync and update to your multiple sales channels to prevent overselling.
Order Management
Stock Konnect has made the Order management quite easy and convenient from all the marketplaces with the single central catalog.
Take control of your Amazon Store!
Amazon is the largest marketplace and Stock Konnect lets you leverage its power to the max with heavy and smart features.
Provides the best in town inventory management for Amazon and all other Ecommerce and marketplace platforms. Get Stock Konnect Amazon Listing Software to work for you and get tons of sales flowing your way.
Providing over 20 products categories, Amazon is full of potential buyers and unique visitors every time. Now reaching out to millions of these prospective clients on Amazon has been made extremely easy with Stock Konnect.
Though it provides tons of benefits and sales to sellers, but managing bulk listings on Amazon is not a kids play. This is where Stock Konnect helps all the sellers to grow more by providing easy to use and efficient listing management software. It provides multichannel listing management and inventory management so you can save time and grow more with sales.
Stock Konnect brought an ultimate solution to manage your Shopify Store comprehensively with the realistic approach in terms of fully integrated "Shopify Listing Software ". With the core purpose of Seller’s convenience, this tool allows you to keep the record of Listing, Inventory, Stock, and orders 100% accurate an ...
Are you in need to have an efficient ecommerce fulfillment tool under your fingers? Then you are just one click away from the dynamic solution. A Powerful Listing Software offered by Stock Konnect is a power pack solution to manage the Stock Control, Product Listing, and Inventory management. This ecommerce fulfillment software automates the inventory of all the multi-channel stores like Amazon, eBay, and Magento from just a single account like no other software can do. The multi-channel inventory management software connects your inventory to your multi-channels stores over Stock Konnect to provide the accurate stock levels.
How does Multi-channel Automated Inventory Updation Benefits Ecommerce Businesses?
Manually updating the inventory across all the ecommerce multi channels marketplaces could be a very annoying process. You can feel like you are up to your eyeballs while dealing with worksheets, especially if you have a large product range. We all know that managing the inventory is very hard when it comes to multiple ecommerce stores. So, if you are a professional ecommerce seller and tired by managing the inventory on every platform separately, then a powerful listing and Inventory Tool looking for your interest.
Multi-channel Automated Inventory Updation
Stock Konnect multi-channel ecommerce fulfillment software has covered you up through managing the inventory in bulk over the multiple channels. No matters, you are listing your product on Amazon, eBay, Magento, and any other store, when an item sells on one of them ecommerce stores, the inventory get adjusted automatically to account for it. All of your inventory products quantities are automatically sync to your sales channels to prevent overselling. You can get the accurate sale and stock information related to the sold product covered by all of your multi-channel stores. It gives you the ease of listing the products on a single platform and automatically updated on all of your ecommerce stores.
Stock Konnect’ ecommerce fulfilment Tool is fully integrated with many multichannel stores to easily control the inventory, products, and orders. Stock Konnect offers an authentic and easiest way to manage the single and variation listing over multichannel stores on just a single platform with just a single click. This is where your multi-channel inventory management deals in effective and efficient way.
A powerful listing management, fulfillment e commerce tool for eBay, Amazon, Shopify and other platforms that allows you to create single and multiple variation listings. Stock Konnect Multi Channel Listing Software removes the complexity of selling on multiple channels. With Stock Konnect, merchants can create new product listings, manage existing listings, control and sync inventory, manage orders, and run reports, all through a simple and intuitive interface. Using the information saved within Stock Konnect, you can upload your inventory to your selling channels from one application. List to Amazon, eBay and Magento faster than ever before. Use our Stock Konnect With our Multichannel E-commerce Solution, integrate your eBay, Amazon & e-commerce website
Why you need Stock Konnect Multi Channel Fulfillment Software ?
Here are some important factors which will allow you to get your online business connect with the Stock Konnect, are as follows
No doubt, you are working with the most efficient staff but still, you are facing the lack of exact information
It will surely save your much time to get spend on listing the products
It will also enhance your concentration for the business as well and you will surely get the better results from it
Obviously, you are running your business with different products but still, you don’t get the reliable listing procedure
It offers a single platform for all big marketplaces and Ecommerce platforms to be integrated easily.
You can easily add, update and edit listings from Stock Konnect’s easy to use interface and synchronize among all the platforms
These all benefits along with the correct information regarding your stock will be in front of you by using the Stock Konnect software.
Here you will also get to know about the real factors for your online business which you will get from the use of Stock Konnect.
Stock Konnect Multi channel Inventory Management Software & Tool integrated with Amazon, Ebay & Magento. Try Our Perfect Services for Free.. Get 30 Days Free Trail. All of your inventory products quantities are automatically sync to your sales channels to prevent overselling.
Manually updating the inventory across all the e-commerce multi-channels marketplaces could be a very annoying process. You can feel like you are up to your eyeballs while dealing with worksheets, especially if you have a large product range. We all know that managing the inventory is very hard when it comes to multiple e-commerce stores. So, if you are a professional e-commerce seller and tired by managing the inventory on every platform separately, then a powerful listing and Inventory Tool looking for your interest.
Stock Konnect multi-channel ecommerce fulfillment software has covered you up through managing the inventory in bulk over the multiple channels. No matters, you are listing your product on Amazon, eBay, Magento, and any other store, when an item sells on one of them ecommerce stores, the inventory get adjusted automatically to account for it. All of your inventory products quantities are automatically sync to your sales channels to prevent overselling. You can get the accurate sale and stock information related to the sold product covered by all of your multi-channel stores. It gives you the ease of listing the products on a single platform and automatically updated on all of your ecommerce stores.
Get 30 Days Free Trial of Stock konnect MULTI-CHANNEL Order Management Software Integrated with Amazon, eBay and Magento. All of your
inventory products quantities are automatically sync to your sales channels to prevent overselling.
Leverage the power of Stock Konnect’s order management software and get work done with 100% accuracy and speed. Get live, instant, and accurate reports and inventory information each time system pulls information from connected sales channels.
Are you done with the heck of switching tabs, windows or screens to check order for each platform?
Not anymore!!! Stock Konnet Multi Channel fulfillment software brings all of your processed and pending orders from big platforms like Amazon, eBay and Magento on a single screen. No need to switch tabs or screens anymore to analyze which one to ship, package or track.
CUSTOMER REPORTING Make authentic and exact budgetary reports on singular channels, custom date extents, and particular items and classes,with Stock Konnect Multi-Channel Listing Software effective custom reports instrument. eBay, Amazon, Magento Sales & Stock Reports Software - Fulfillment eCommerce Tool Sales Report by Time PeriodInventory Reports
See where your inventory is currently selling, and publish new product listings out to your sales channels in bulk with just a few clicks. Stock Konnect saves hours and hours of work, and also takes the risk out of expanding to new marketplaces. Simply select the products you want to list, choose the channel to list on, and Stock Konnect creates perfect listings for you in real-time. Want to sell for different prices on each channel? No problem, you can customize prices, titles, descriptions and any other product data for each channel as you see fit.
Stock Konnect integrates with the biggest marketplaces, website platforms (eBay, Amazon, Magento) and shipping couriers in eCommerce. 30 Days Free Trial of Stock Integration, Listing Integration
Take control of your Amazon Store!
Amazon is the largest marketplace and Stock Konnect lets you leverage its power to the max with heavy and smart features.
Provides the best in town inventory management for Amazon and all other Ecommerce and marketplace platforms. Get Stock Konnect Amazon Listing Software to work for you and get tons of sales flowing your way.
Providing over 20 products categories, Amazon is full of potential buyers and unique visitors every time. Now reaching out to millions of these prospective clients on Amazon has been made extremely easy with Stock Konnect.
Though it provides tons of benefits and sales to sellers, but managing bulk listings on Amazon is not a kids play. This is where Stock Konnect helps all the sellers to grow more by providing easy to use and efficient listing management software. It provides multichannel listing management and inventory management so you can save time and grow more with sales.
One of the best Magento Listing Software & Inventory Management Software. Simplified Marketplace Listings, Streamlined Order Management, Quick to Set up and Easy to Use, Multiple Accounts... GET 30 DAYS FREE TRAIL
Take control of your Magento Store!
Magento is the world’s largest webstore and some of the leading business brands of the world trust it. Now you can easily leverage Stock Konnect to manage, create, and update info for single or multiple Magento web stores.
Stock Konnect eCommerce Tool is fully integrated with Magento to easily control your products, inventory, & orders. Complete centralized tool allows simple management for all your multichannel stores.
Easy to set up and friendly in use. Connect your Magento with the Stock Konnect to get the most authentic results from it as soon as you need. This could be the most appreciating step which you will take to get connected.
STOCK KONNECT CAN HELP YOU!
TO TRANSFER ALL YOUR EXISTING AMAZON OR EBAY LISTINGS TO THE MAGENTO CATALOGUE. ALL SELLING HISTORY AND RANKING IS KEPT, NO PRODUCTS ARE STOPPED DURING MIGRATION.
How to list single listing on amazon - Stock Konnect
Stock Konnect Multi Channel Listing Software is a powerful solution to easily list and sell the variation of products on multiple sales channels. It also helps to control stock, synchronize inventory, fulfill and manage orders, and access the well managed reporting intelligence you need to be successful. The Listing Tool is an ideal solution for the professional sellers who want to streamline and optimize the way they sell or want to sell on the multi channels eCommerce stores like eBay, Magento, Amazon or many others.
List to Amazon, eBay, Shopify and Magento faster than ever before. Use our Stock Konnect With our Multichannel E-commerce Solution, integrate your eBay, Amazon & e-commerce website to save time by automating the product listing process and integrating the orders & inventory at one point.
Ecommerce Fulfilment Listing Software easily syncs product Listing across all your stores, multiple stores, and sites over multiple marketplaces in real-time. This assures that you never oversell again. Just link with Stock Konnect and make a sale anywhere to get instantly updates stock everywhere.
Keeping the inventory or stock update every minute e-commercein factor to boost up your ecommerce business up to the success. We understand that maintain accurate stock level, or update the inventory over the real-time mark can be quite hectic for a person on his own. Stock Konnect’ Fulfilment “Listing Tool” brings the ultimate approach in updating the inventory automatically without any hassle. This tool is fully integrated with multiple marketplaces like eBay , Amazon, Magento, Shopify etc. Single and Variation Listing, Inventory, Stock, and Orders are managed on a single platform.
Multi-Channel Ecommerce Fulfilment Listing Software itself is a power pack integrated solution for the professional sellers who are or plan to sell over Multi-Channel Ecommerce stores. They can also operate multiple stores with a same account with just a one click. So if you are facing problems with your existing ecommerce tool, then quickly connect with Stock Konnect and build a central catalog connection among all your multi-channel stores with Multichannel Fulfilment Listing Tool – Stock Konnect.
Take control of your Amazon Store!
Amazon is the largest marketplace and Stock Konnect Amazon Listing Software lets you leverage its power to the max with heavy and smart features.
Provides the best in town inventory management for Amazon and all other Ecommerce and marketplace platforms. Get Stock Konnect to work for you and get tons of sales flowing your way.
Providing over 20 products categories, Amazon is full of potential buyers and unique visitors every time. Now reaching out to millions of these prospective clients on Amazon has been made extremely easy with Stock Konnect.
Though it provides tons of benefits and sales to sellers, but managing bulk listings on Amazon is not a kids play. This is where Stock Konnect Multi Channel Listing Software helps all the sellers to grow more by providing easy to use and efficient listing management software. It provides multichannel listing management and inventory management so you can save time and grow more with sales.
Get 30 Days Free Trail .. Amazon Listings & Inventory Functionality, Integration & Management Software. Fast to set up and user friendly, Quick Listing, Full Featured, Variation Management, FBA Ready, Reporting, Multiple Accounts.
Amazon is the largest marketplace and Stock Konnect lets you leverage its power to the max with heavy and smart features.
Provides the best in town inventory management for Amazon and all other Ecommerce and marketplace platforms. Get Stock Konnect to work for you and get tons of sales flowing your way.
Providing over 20 products categories, Amazon is full of potential buyers and unique visitors every time. Now reaching out to millions of these prospective clients on Amazon has been made extremely easy with Stock Konnect.
Though it provides tons of benefits and sales to sellers, but managing bulk listings on Amazon is not a kids play. This is where Stock Konnect helps all the sellers to grow more by providing easy to use and efficient listing management software. It provides multichannel listing management and inventory management so you can save time and grow more with sales.
Amazon Listings & Inventory Functionality
Stock Konnect can be easily integrated with any marketplace of Ecommerce platform like Amazon, Magento and eBay. So you can easily manage all your single & variation listing for multichannels and web stores directly throught its interface in just a few clicks.
Stock Konnect Inventory management for Amazon:
The requirement to easily integrate your items into amazon sales channel is the most important consideration in choosing your management software. Import your store products and link your amazon listings to Stock Konnect amazon listing software and sync it across all of your items with the online Web store. Every selling of an item, the rest of your selling channels are updated with the correct stock figure.
Fast to set up and user friendly
Interface your record and import your current item`s listings effortlessly.
Quick Listing
Bulk Items listing to Amazon in not more than minutes (new ASIN creation just around the corner).
Save listing method and use to list another new item fast and easy.
Full Featured
Support for all item`s listing fields and various ASINs.
Super-Fast Listing Management
Feel something needs to be changed, monitor and revise listings from one place.
Variation Management
Effortlessly make variation listings, with entirely inventory management on each child item.
FBA Ready
Prepared to use with Fulfillment by Amazon stock and postings.
Reporting
Smart reporting and analytics from Stock Konnect keep your head above the water in heavy competition.
Multiple Accounts
Connect as many Amazon accounts as you manage to a single Stock Konnect account.
Ebay Listings & Inventory Management Software Functionality: Manage Work Flow with ease, Super-Fast Listing, Quality eBay Conversion Templates, Variation Support, Multiple Accounts. Get 30 Days Free Trail
Take control of your eBay Store!
Stock Konnect Multi Channel Listing Software gives you the freedom to manage your eBay business like a pro & comprehensive solution for managing listings, inventory, fulfillment, and reporting on the eBay marketplace.
Ebay is one of the highest visited marketplaces and one which every online sellers should seriously consider listing their products for sale.
We know it’s difficult to develop your business, not to mention deal with your stock and requests, as you endeavor to stay aware of the developing number of offers channels. Stock Konnect encourages you achieve new clients regardless of where they shop – make and oversee postings, control stock, and satisfy arranges all from a solitary, instinctive interface that you’ll adore utilizing. You can be up and running on Stock Konnect today!
Shopify Inventory Management Software
With Stock Konnect, you can seamlessly connect Shopify and your other ecommerce channels to save time, improve profit margins, and keep things running smoothly.
Listing, editing, and uploading your items are easier with our Shopify listing tool. With our bulk update feature, you can easily update hundreds of listings at one time. Also, you can create and submit listings for products that have multiple variations such as color and dimensions.
Stock Konnect Shopify integration
Shopify Integration Benefits
Quick to set up and easy to use
Connect your account and import your existing Shopify products with ease.
Shopify Listing Tool
Listing, editing, and uploading your items are easier with our Shopify listing tool. With our bulk listing feature, you can easily import amazon listing items onto your shopify at one time. Also, you can create and submit listings for products that have multiple variations such as color and size.
Inventory Syncing
Synchronize inventory between your Shopify account and all your marketplace accounts based on rules you set.
Variation Support
Create new or manage existing Shopify products with multiple variations such as color & size.
Product Tags
Enter tags for Shopify products, which act as searchable keywords to help customers find products.
Unlimited Sales Channels
Sell your products on as many Shopify storefronts and marketplaces as you need.
No Product Count Limit
Whether you have 100 products or 100,000, Stock Konnect can handle your business.
When you are planning to sell items on Amazon, you should be aware of how you can avoid those mistakes which can impact your ratings on amazon negatively or get your account blocked/suspended or closure and lead your business to failure.
The best way of avoiding mistakes is to Know upfront what right path to follow. Read out the following points and make sure you avoided these steps while selling on Amazon.
Costly Amazon Mistakes
Not Follow the Guidelines
It is quite important to follow the Amazon account setup guidelines, what should be included and what should not be to compliance with Amazon policies.
Copying Content From Another Seller
Most people doing this mistake to select any competitor on Amazon and start doing the duplication of contents and images/banners by keeping in view that they might reach their level. This approach is wrong and will let you down towards banned of account. Don’t underestimate the Amazon, must avoid such practices.
Misunderstanding of How Amazon Works
The important part of being failure on Amazon is that people don’t know how Amazon works, they do some hit and trail for being visible on the top of listing, sometimes it works and most of the times it does not, you must be aware of the Amazon working that how to maximize the appearance in listing by using the right tool and tricks.
Having duplicate accounts
Only one seller account per Amazon seller, having more than that will violate Amazon policy. Don’t try to dodge the system, must comply with the system.
Not Check Orders Daily
Some of the sellers check the orders on weekly basis especially on weekend, it is bad practice as the customer wants to get delivered ASAP, so you should check orders daily basis or update customer accordingly.
Lack of Financial Aggregation
If you are not planning then you are planning to fail, before opening an account on Amazon, you must evaluate in terms of financials that how much money need to invest and how much keep as the reserve to keep the circle running.
Less Competitive Analysis of market
Many peoples do not focus in this area which becomes a major factor of failure, must be aware of what trend is in the market regarding your products, what your competitors are doing and what should be value added in your product.
Incomplete or incorrect Product Listing
The inclusion of special characters/all caps or sales or coupons in the product title and UNappropriate product images sizes and low-quality images will reduce your ranking on Amazon, you must aware about what length of product title and description and image sizes are standard by Amazon and follow it accordingly.
Overlooking Customer Feedback
Customer satisfaction is one of the most important performance measures we use to determine how well you are doing as a seller on Amazon. The Customer Metrics page provides reports that give you greater insight into how you are doing with respect to customer satisfaction.
Neglecting negative feedback may lead your account to be closure, corrective action should be taken based on the negative feedback and any recommendation in quality/service should be a warm welcome.
Poor Fulfilment Service / Late shipping
Late shipment makes a customer unhappy, normally people choose unknown shipper to save money but it gets negative when not reach on time regardless how good quality of the product, must select appropriate shipper and customer must be notified about the shipping periodically instead of his inquiry.
Overselling
Most of the people do having this issue on Amazon that they don’t have any centralized inventory management system like Stock Konnect, which help them to get sync of inventory on all platforms like e-commerce store (Magento/Shopify), multiple accounts on Amazon/eBay in different regions, it will stop the overselling of the products, it will automatically mark the product out of stock once inventory finished.
If you’re new to the world of multichannel e-commerce, the options, marketplaces, and terminology before you might seem daunting and confusing. However, chances are you’re not as uninformed as you think, and will only need a bit of information to help guide you along the way. If you’re looking to develop a multichannel e-commerce strategy for your business, but have no idea where to start, here’s a quick rundown of the rise of multichannel e-commerce, why it’s important, and what you need to get started.
The Rise of Multichannel E-Commerce.
What Is Multichannel E-commerce?
Multichannel e-commerce is the practice of selling products on more than one place online. Even if you’ve never sold anything online before, chances are you have some practical knowledge as a customer. If you’ve placed an order for giant googly eyes or yodeling pickles in the middle of the night—congratulations: you’ve participated in multichannel e-commerce.
While online marketplaces like Amazon and Walmart sell and ship their own products, they also allow third-party sellers to list products for sale on their websites. Savvy sellers understand that having products for sale on multiple marketplaces is the best way to get their listings in front of the largest possible audience, so they choose the best channels for their product verticals and set up shop. But these marketplace giants aren’t the only major channels businesses sell on.
Every place your business sells products—marketplaces, hosted online stores, brick-and-mortar locations, even social media platforms that allow purchase integrations—is a channel. To engage in multichannel e-commerce, all you have to do is sell products on multiple channels at the same time. For instance, if you own an antique store in downtown Cleveland, Ohio, and also list your items on eBay, you’re running a multichannel retail business. If you’re an illustrator selling your artwork on Etsy, on a store on your website, and at conventions, you’re doing multichannel e-commerce.
What is the History of Multichannel E-Commerce?
E-commerce as we know it began with a Sting album. (Really.) On August 11th, 1994, as reported in The New York Times, a man named Phil Brandenberger logged into his work computer and purchased Ten Summoners’ Tales by Sting for $12.48 using his credit card. It was the first ever secure online retail transaction, made possible by the advent of Secure Socket Layer (SSL) technology earlier that year.
In the 24 years since e-commerce has developed into a multibillion-dollar industry anchored by giant marketplaces such as Amazon and eBay. Competition between these marketplaces has existed since the early days of e-commerce, and smart retail businesses have used this to their advantage—by selling on multiple sites simultaneously. Numerous retailers also operate their own online shops hosted on their websites, and many maintain offline sales presences through brick-and-mortar stores. Additionally, some sell through Facebook and other social media platforms
Why Should I Consider Getting Into Multichannel E-commerce?
From increased product visibility and broader brand awareness to reduced risk through diversification, there are a number of obvious reasons to consider expanding your retail business into more channels. In a nutshell, more channels mean more potential customers, which means more potential sales.
But here are five more reasons you may not have considered:
Building a multichannel e-commerce business is easier and cheaper than ever. Our friends at BigCommerce estimate that the cost of entry for a new online retail business is as low as $30 per month and that businesses can launch in a matter of days.
More and more consumers are shopping across multiple channels. Approximately 73% of shoppers visit online and offline stores, and the average consumer uses two or more touchpoints when evaluating and buying a product. What’s more, industry analysts believe these multichannel shoppers (sometimes called “omnichannel” shoppers) spend more money than people who shop exclusively online or in stores.
Multichannel e-commerce is attracting massive, international investments. Companies such as Amazon and Walmart are investing billions of dollars in their e-commerce platforms in an effort to continue scaling on a global level. This means immense opportunity for retail businesses, as these companies can’t grow without third-party sellers.
E-commerce technology is improving every day. Today’s sellers have a wide range of digital solutions and tools to choose from. If you haven’t taken a recent look at e-commerce software, the available features may surprise you. With Stockkonnect Multi-Channel Listing & Inventory Management Software, for instance, you can set up dynamic, algorithmic repricing, so your listings automatically adapt to market conditions in real time. This software can also provide you with detailed reports about your products and inventory, so you can make strategic decisions informed by trends and gaps in your sales.
The market isn’t saturated—yet. E-commerce is still a young industry ripe for disruption and innovative ideas. In contrast to offline retail, sellers of all sizes can find a niche and start generating profit relatively fast. In fact, we’ve found that, in many cases, small companies may have a competitive advantage over large-scale stores unable to quickly shift their strategy and product focus. And the more channels you can compete on, the sharper your edge.
What Do I Need to Do to Get Started?
If this all sounds like an unbelievable economic opportunity to you, you’re right. There’s a reason for the multitude of articles, videos, podcasts, and seminars offering lessons and insights on how to launch an e-commerce operation. Indeed, e-commerce business coaching has developed into an industry of its own, with plenty of self-appointed “gurus” selling exclusive services and courses with the promise of making tens of thousands of dollars from home. These programs are legitimate but exorbitant at best, and thinly-veiled pyramid schemes at worst.
With that in mind, we’re not going to tell you there’s no pain involved in launching an online retail business, or that multichannel e-commerce is always the right choice. Every business is unique. Your company may be best suited for one or two channels or as many as possible. Some sellers do well on eBay but find it difficult to consistently win the Buy Box on Amazon, for instance. Others, due to their particular niche, generate 80–90% of sales through their online stores, only using other marketplaces to supplement their income.
Whatever route you take, the ideal approach is to start with your business and customer base and build your strategy around your audience. Here are a few questions to ask yourself, adapted from a recent. STORE interview, featuring Stockkonnect’s own Tom Pittman:
Consider Whether Your Business Can Handle Multiple Channels
Take stock of your business infrastructure, and ask yourself:
Will your current infrastructure be able to support selling on multiple sales channels?
How will you source products in time to meet the demand?
What mix of technology and personnel will you employ to operate your critical business operations, such as shipping, order management, picking and packing, and inventory management?
Evaluate Your Channel Options
Channel evaluation is critical. Before expanding into a new channel, be sure to evaluate whether that channel makes fiscal sense for your company, and whether or not it’s a good fit for your products, business and fulfillment model, and go-to-market strategy.
What channels will you sell on?
What are their fee structures, and what types of products make the best fit?
Will you be able to efficiently fulfill orders on these sales channels?
Develop a Selling and Fulfillment Approach
Think about your fulfillment model, and ask:
Does expanding to multiple sales channel make sense with your fulfillment model?
To what extent will you able to effectively fulfill your orders, on time?
What percentage of your inventory will you fulfill yourself or drop-ship? Will you leverage a third-party service, such as Fulfillment by Amazon (FBA)?
Choose the Right Partners and Tools
You don’t need to build a multichannel e-commerce business alone. With the right seller software and fulfillment and management partners, you can boost your sales, increase your profits, streamline your operations, maximize your business’s chances of success in this exciting market—with or without yodeling pickles and Sting CDs. To see how Stockkonnect can help you get started,
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Best Clues for Effectively Controlling Stocks and Multichannel Order Inventory
The success of the business on e-commerce channels remains only a dream unless it is backed with effective stock control and multi-channel order inventory management. Real-Time status of your stocks and inventory is your ultimate need to prevent many issues. For example theft of items from your stores, over-selling to customers or ‘out of stock’ replies. Yet the most significant of all is to place buying orders to suppliers of the right quantity at the right time. To avoid these issues, you must ensure comprehensive stocks and inventory management. Here are a few tips for you that can best support your business and help it expand.
multi-channel inventory sync
A smooth and successful business is akin to a perfect inventory and stock control. Putting inventory and stocks in order may be a challenging task. It may prove tiresome when you manage it manually. But it is a fact that it is the pre-requisite for of an online business. It helps you prevent embezzlement of stocks by your employees. And it saves you from over-selling to customers. Absence of seamless stock control and inventory management is hazardous. You may suffer irreparable financial damages as a consequence. You can also lose your credibility before your customers. Thus, a flawless inventory management system is the only solution. It is a protective shield to your stocks and helps you regularize your inventory system. It is particularly essential when you think of expanding your business.
Inspection of Delivered Goods
There are many unexpected oddities in a business scenario. Sometimes suppliers send you products with wrong tags. If they get an entry in your stock lists and inventory, they can cause serious problems. Hence, my place orders for things you have already bought. It also results in over-selling that puts your credibility at stake. What you need here is to inspect the packed goods and then enlist them.
An Orderly Stock Placement
It is necessary to place stocks in an apple-pie order particularly the products of a similar kind. Some products may have similar packaging, size, and shape. If you mix up them all, it can mislead your staff in picking them for dispatch.
Make Product Tracking Easier
Your multi-channel inventory management system requires you to simplify product finding. There are two simple ways of locating products in stocks. First is labeling the product with all the necessary information. Second is the placement of barcode on products. If possible, go for the second option; it lessens the chances of mistakes to zero degrees.
Maintain your Stocks in line with the Market Seasons
Each product has its own unique selling time. Thus, you have to make sure the availability of top-selling products in your stocks. During the off-season, you need to maintain at least a threshold stock level. This will help you entertain customers who might place orders during the slack season. You can save your customers from disappointment with ‘out of stock’ response.
Inventory Updating
Inventory updating is the fundamental need to run a trouble-free inventory management system. Sometimes you get a return of products from customers. To compensate them, you replace the products with an immediate response. You must enter all such transactions in inventory to keep it updated. Any omission on your part can affect your accounts and cause you problems.
Keep Record of Expiry Dates
The best stock control and multi-channel order inventory management have a record of expiry dates of all products. This has manifold advantages for you. It saves you from dispatching outdated products to customers and incurring hefty fines. It also helps you launching promotion schemes by offering special discounts on products. Such a record can also help you decide when to place new buying orders.
Make Correct Entries of the Returned Products
Products return is usual with all businesses. Most of the business owners enter these products in their own inventory. This is one big source of the problem to disturb your stock and inventory calculations. You should add such returns in the suppliers’ product lists and not in your own stocks.
Ensure a Real-time Stock Tracking
Track errors in real-time and make amends before proceeding for further sales. for this reason, in time corrections are helpful for avoiding future embarrassment. Your goodwill is your prime asset. It can suffer irreparable loss if your inventory management system has serious lacunae.
Follow an Order of Preference
Every seller knows his favorite products. Such products make almost 80% of the total sales. Hence to ensure their availability in shelves is the utmost need of a business. A shrewd business owner will always focus on products according to sales. He will avoid stuffing his stores with products, not in demand in his targeted markets.
Incorporate Automated Solutions
Finally, it is the use of inventory and stock management software to simplify things. Software such as as Stock Konnect is a purpose-built option to make business easier for you. Its great features help you maintain flawless stock control. It provides you many options for ensuring all necessary checks. Likewise, it can help you run an inventory management system without errors.