Smart eBay Sellers Use Inventory Management Software

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Smart eBay Sellers Use Inventory Management Software

Inventory management software can help you succeed if your business does a lot of its business on eBay. It can also help you if your business is in retail, manufacturing or other industries, but right now we’re focusing on eBay inventory management software. That is because ecommerce is the direction that business is moving in. Even stores that have been traditionally known for their brick-and-mortar locations frequently make use of accounts on a variety of ecommerce, and eBay is one of the biggest names in the business.

STARTING THE ORDER FULFILLMENT PROCESS

When your company gets an order from a customer on eBay, what is the first thing you do? Hopefully, it’s not panic and blindly hope you have the right product in stock. If you use inventory management software, you can quickly find that product in your database and start the process of shipping it to the customer. Using barcodes and barcode scanners, you can pick, pack and ship that product much faster than doing it by hand.

INVENTORY MANAGEMENT FEATURES

Starting an eBay business is quite an undertaking. If you don’t have inventory management software on your side, it can seem like a daunting task. Fishbowl Manufacturing and Fishbowl Warehouse offer an impressive array of inventory management features for an affordable price. These features can help you succeed as an eBay seller. For example, you can integrate your eBay account with all of your other ecommerce accounts via a number of built-in plugins. That way, when you sell items on eBay, it will automatically update the quantities available for customers to purchase on all of your other accounts, and vice versa.

QUICKBOOKS INTEGRATION

With Fishbowl, you have the ability to integrate with QuickBooks, which means you can schedule automatic data transfers from your inventory software to your accounting software whenever you engage in a sales transaction or order new products. This way, you always have accurate and up-to-date information in both your financial and inventory records.

FINDING THE RIGHT BALANCE

In addition to maintaining accurate inventory records, you can also find out exactly when you need to reorder products so you will avoid running out of inventory when you need it most. Not only that, but you can also calculate lead times, safety stock, and the ideal number of items to reorder at a time in order to avoid holding onto too much inventory and tying up your working capital in inventory that is not going anywhere anytime soon. It is not always a great deal to order in bulk. You need to carefully weigh your options when reordering so you always make the most of your money, manpower, and warehouse space.

SERVING HAPPY CUSTOMERS

Fishbowl helps you get products to your customers quickly. The faster you move, the better your customer service will be because ecommerce customers want fast turnaround times on their online orders. You’ll earn a great reputation as an eBay seller as you improve your efficiency.

The future looks bright for you as you put Fishbowl into action as your eBay inventory management software!

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TL;DR SUMMARY

Speed is an essential element when it comes to shipping products to your eBay customers. You can use inventory management software to speed up the order fulfillment process, track quantities across ecommerce platforms, eliminate double data entry through software integrations, and maintain adequate inventory levels.

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