by Carrie Hinkel on December 20th, 2007
For an online retailer, having tight control on inventory is absolutely crucial to running a good business. Out of stock merchandise means lost business. Having your inventory managed automatically means you’ll never be surprised that you’re “all of a sudden” out of stock of a particular item.
However, a good inventory program will do more for you than just keep track of stock. Today’s inventory tracking software has the capability of analyzing sales data so you can watch for any ordering patterns. This comes in handy if you are testing marketing or advertising campaigns. You’ll be able to easily compare... Read more »
by Danny Brown on November 27th, 2007
If you plan to start an online store, or if your website is not currently enabled for e-commerce, you may be looking at the choices available to you. To start your own online store, there’s a laundry list of necessities to consider – hosting, shopping cart technology, inventory management, credit card processing…the list goes on. You can either find several different companies to handle each part, or you can consider a turnkey e-commerce solution. Turnkey e-commerce packages include all aspects of setting up and maintaining an online store, all from just one company.
Whatever your current situation, you need to... Read more »
by Veronica Stone on September 5th, 2007
What are the available options for managing your online inventory? It really depends on the size of your business and what method works best for you.
Essentially, there are three major ways that online businesses handle inventory.
Online management. This means every purchase that is made through your website is directly applied to your online product catalog through a web interface. You will have to go online to add more products, write new product descriptions, make changes to price, and upload images of the products. Everything will be handled online as it relates to your products and inventory.
This is... Read more »