The Importance of Proper Drop Ship Management
At nChannel, we often speak about the importance of connecting your channel applications, from your eCommerce sites and point of sale (POS) solutions to your ERP and accounting systems. With a web-based solution, data is seamlessly transferred between these systems, not only saving you time, but offering you accuracy, visibility, and reliability too.
However, a multi-channel environment can also include “inventory locations” – locations, suppliers or entities that are strategic to fulfilling orders. One such inventory location could be a drop shipper.
Why Should a Company Consider Drop Ship Strategies?
Drop shipping is a sales and inventory strategy in which a business does not actually keep items in stock. (more…)
Fill Your Ecommerce Inventory in a Snap with These Funding Options
An ecommerce business has the benefit of not having to pay rent on a physical storefront. These cyber stores usually only have to worry about obtaining a web host and acquiring the inventory for its virtual operation. The price of web hosting is usually very reasonable. Acquiring inventory, on the other hand, may be a bit of a different story especially for a new venture.??Securing the necessary funding for inventory is always a challenge, particularly so for a new business. In fact, this can be such a significant challenge that it has put some ecommerce ventures out of business before they really even got off the ground. This is often because the business owners were unaware of all the funding sources available to them. Not having funds is also not an excuse anymore for not having inventory to sell. With the wider acceptance of services like drop-shipping, you can fill your cart with inventory without needing initial funds at all. Lets look at some of the options available. (more…)
Web-Based Order Management Software to Manage Your Business
As the world of eCommerce continues to become more and more competitive, it is important to give your business every kind of advantage. With those advantages at your disposal, you will be able to build your business, gain customer loyalty and save yourself both time and money. With that in mind, one of the most important aspects of your online business that you will want to focus on is order management. (more…)
Top 5 Ways Modern Point of Sale Improves Your Business
In old school retailing, point of sale was simply what you used to ring prices through the till and take the money from the customer stood in front of you. Of course, such a simple process is what forms the basis of modern point of sale systems, however they go much further than that. How does the added functionality of modern point of sale make running a business a much smoother process?
1. See What You Have Sold
Save yourself a lot of time and money from the old ways of having to go through a paper audit roll and work out by hand what items you have sold. Modern point of sale allows business managers and owners to easily view what they have sold and the price they have sold it at.
This then has a knock on effect onto other areas of the business, such as ordering future stock, as you have a clear picture of what items are popular and fast sellers through your retail store. (more…)
“Magento Go” Ready to Release Large Upgrade
Magento Go continues to be the eCommerce choice of online merchants of all sizes, thanks to its wide array of valuable features. From premium hosting and great designs to marketing tools and access to the Magento Connect app store, this is an eCommerce solution that will take your business to the next level.
Even better, Magento continues to upgrade its platform in order to offer businesses the very best services in the eCommerce world. In the next few months, Magento will begin to roll out its next big update, which comes with a host of new (more…)
