If you’re selling on eBay, you’ll no doubt have an inventory full of items you are hoping to sell. You’ll want to keep track of this stock so you know what you’ve sold and what you haven’t, and also what’s selling well and what isn’t.
Managing that inventory, no matter how big or small is is, can be a really difficult and stressful job, but having a well organised and maintained inventory can save you more time than you may think. Here are some of the reasons why you need an eBay inventory management software.
1. No More Mistakes
Managing your inventory manually is time consuming, challenging, and has plenty of potential for human error. Having a software to get the work done would not only save you valuable time and effort, but also eliminate the worry of making mistakes. It’s also much better for the environment than if you were to track your inventory the old-school way with a pen and paper. Think of how much you will save on stationary!
2. Automate to Save Time
Automating a lot of the eBay inventory management process can save you time. By using an eBay inventory management software, you can get automatic updates on your stock, bulk print shipping labels, and email customers with tracking numbers for their orders. This can literally save you hours a week, especially if you’re a high volume seller (50 or more orders a week).
3. Live Updates
Having live updates on your stock levels and orders in real time can help you keep up to date with your inventory as it’s being updating. This is great as it lets you know exactly what’s going on with your inventory, so there’s no surprises when you log into your eBay account.
4. Synchronize Your Stock
If you sell on more than one online marketplace, eBay inventory management software can sync stock with other sales channels – so if you’re selling on eBay, Amazon and WooCommerce, for example, you could sell something on eBay and the software will automatically update your stock across the other channels, so you no longer have to log into each individual account to update and check the stock yourself.
5. Keep Up With Your Suppliers
Having an eBay Inventory management software helps you to keep on top of your suppliers so you can create and email purchase orders to them, then easily check your stock against the purchase order when it arrives. You can also manage current suppliers, add new ones and delete any you no longer deal with.
6. Set Re-order Levels
You can set re-order levels with your eBay inventory management software so that once your stock reaches the minimal quantity you have set, the inventory management software will automatically order new stock, so you never have to worry about disappointing your customers.
7. Sales Reports
Easy to understand reports provide you with all the necessary statistics on your performance – gross profit, for example, is an important indicator of how well you are doing, and brand reports can help you identify which stock is selling well, and which stock you need to get rid of.
These are just some of the many ways in which this kind of software can make your inventory management much easier and stress free.