Ecommerce, as a consequence of being based on the internet, is a fast-moving business. The trends are in perpetual shift and your success can come as quickly as it can go away and one of the key points to avoid it is to control your inventory system. To get, and stay, on the top you need to be quick and decisive. This could mean putting in extreme amounts of time or capital into your business. But before you do that, we strongly advise to take every smart shortcut to jump to the level most merchants are already at. The biggest shortcut is inventory management system for ecommerce, which could perpetually control your stock. Let’s discuss why and how.
Being quick and decisive
What may come off as a huge challenge at first, becomes increasingly easy with practice. Basically, the secret is the set up. You should be looking to set your business up in a way, where every repetitive and programmable task is taken care of by perpetual inventory management system.
Once you start using software, you’ll have a lot more time on your hands. You’re now quick. You have time to work on growing your business, rather than managing stock, orders, shipping and other simple tasks.
Being decisive is not hard in itself. It’s the risks involved that are stopping us. For example, entering a new marketplace, category of goods or even a new product in an industry you’re familiar with – there’s always a risk.
A great strategy is to start with small risks to learn the ropes until you find a product that’s your bread and butter. Once you start making profit, invest it back into the business where the risk is slightly higher. Rinse and repeat.
You’ll gradually gain confidence in your decisions as well as valuable knowledge and insight into the business and ecommerce as a whole. At that point you’re all set to succeed.
Where to start, exactly?
As you’ve probably noticed, the important part is to make time for growth, not just business in general. As mentioned previously, it’s easily achievable by automating tasks that fill your day up with perpetual inventory management system for ecommerce.
Perpetual inventory system
We recommend trying Multiorders, because it’s exceptionally fit for growth. How?
The service cost is based solely on the number of orders received. Meaning, as you expand your business, you won’t have to shake your pockets on these occasions (which is frequent in competitor pricing):
- Adding more users to your account. It’s regular for software providers to charge extra depending on the size of your team. With Multiorders, you can add an unlimited amount of users and set their access rights individually.
- Entering new marketplaces. Often, software price grows with the amount of sales channels you use. Not with Multiorders – you’re free to integrate every sales channel we partner with. And we work with most of them.
Also, the overall price is barely a fraction of the market average. In essence, this means you’ll have more leftover capital to play with. Feel free to compare.
Moreover, Multiorders is great for growth, because it’s easy to use. Any new staff you recruit won’t need any training to get the hang of it, cutting hiring and employee turnover costs but still have a perfect inventory and order management processes.
With minimal registration and set up time, you’re able to try Multiorders for free. No credit cards, no commitments. Start today and we’re sure you will not want to go anywhere after two weeks.