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eBay Inventory Management Integrations Buyer's Guide
Table of Contents
- » What is eBay Inventory Management Software?
- » Why is eBay Inventory Management Important for Your Business?
- » Top 10 Features of eBay Inventory Management Software (Last Two are Awesome)
- » Outstanding Benefits of Using eBay Inventory Management Software
- » Things to Consider While Choosing the Best eBay Inventory Management Software
- » How Much does eBay Inventory Management Software Cost?
- » Conclusion
Assuming you are an eBay online store owner, you can understand that stock management for eBay can be distressing and tedious. That is where eBay inventory management software comes in.
This eBay stock control software can assist you with tracking your inventory and stocks to ensure sufficient stocking.
In this guide, you will have the answers to all your tough questions, from what eBay inventory management software is to its features, benefits, importance in business, and prices.
So, without any further delay, Let us begin.
» What is eBay Inventory Management Software?
Before you go any further, let’s understand what eBay inventory management software is.
If put simply, it is a nicely coded and developed eBay stock management tool. It is responsible for managing and maintaining your products on the eBay marketplace.
Imagine having rapid sales on holidays or festivals and having no dedicated eBay inventory management software to handle your orders against product stocks.
eBay store inventory management systems effectively manage stock levels and keep you up to date with current stocks. Furthermore, it accurately forecasts stock requirements to replenish your resources without facing out-of-stock situations.
» Why is eBay Inventory Management Important for Your Business?
One of the most crucial elements for any eBay business owner is its stock. If you are unable to manage your inventory appropriately, you are exposed to breaking the trust of your valuable customers, which may negatively impact your brand awareness. What’s more, it may result in a poor user experience.
Managing eBay inventory can be tricky. Without effective eBay inventory management solutions, you may face overstocking or understocking. In both cases, it is not beneficial for business. It may lead to last-minute out-of-stock situations and cart abandonments.
That is why efficiently and effectively managing your eBay inventory is vital for your business growth and establishing long-lasting customer relationships.
» Top 10 Features of eBay Inventory Management Software (Last Two are Awesome)
Here is a list of the top 10 magnificent features that the best eBay inventory management tools should consist of:
› User-Friendly Software UI:
Developed with high-quality designs and simplicity of adding and editing data to provide a best-in-class user experience.
› Alerts & Notifications:
You can set orders, reorders, and unavailable alerts to restock supplies. You can also empower your particular employees to approve and order supplies.
› Custom eBay Templates:
You can easily create custom eBay templates to fast-forward tedious processes so you can focus on the more crucial business process for better business growth.
› Tracking Orders:
Tracking orders have become easy with eBay inventory management solutions. The solution lets you track every order with vital information like payment and shipping info in real-time.
› StraightForward eBay Product Listing:
Provides straightforward product listing on eBay and other sales channels to save time. Smoothly syncs listing, pricing, inventory, and fulfillment in centralized dashboards to streamline workflow.
› Multi-Warehouses Management:
Suppose you store your inventory in multiple warehouses. The solution lets you seamlessly manage inventory and shipping methods from multiple warehouses to ship products from the nearest warehouse to eBay customers’ locations.
› Continuous Synchronization:
eBay inventory management tools continuously synchronize all your eBay orders and available stock to provide updated stock levels to streamline order and stock management.
› Account Integrations:
eBay stock management software can be flawlessly integrated with other business-related tools to handle crucial business affairs, like records, assessments, banking, and accounting requirements.
› Accurate Forecast:
eBay order management solutions provide you with an accurate forecast of your near-to-out-of-stock inventory so you can refill your supplies before you have to take a rain check on orders.
› Multi-Sales Channel Supported:
Suppose you showcase your products on multiple sales channels like eBay, Amazon, Walmart, Magento, and Shopify. The best eBay inventory management software must support maximum sales channel management from one centralized place to provide the best business opportunities.
» Outstanding Benefits of Using eBay Inventory Management Software
eBay inventory management software lets you explore additional opportunities for your eBay business using its top-notch features. Here are some of its advantages that you might find fascinating:
› Effortless Inventory Management:
The core benefit of any dedicated eBay inventory management solution is that it lets you manage your inventory and orders effortlessly on eBay. No matter how much stock you are keeping, a dedicated eBay stock management system lets you effectively manage all the stocks to streamline the supply and demand cycle to save time and money.
› Drive Productivity:
eBay stock management systems empower you to track products, orders, and reorders rapidly. The software provides you with an unmistakable outline of your business consistently. This can assist with smoothing out your cycles, coming to better business decisions about dealing with stocks and letting you drive productivity for your eBay business.
› Automation in eBay Listing:
Automation-supported eBay order management software allows you to manage customer orders from eBay and other sales channels from a centralized place. Furthermore, it can keep track of stock levels by automating the updating process to provide seamless eBay listing management.
› Improved Customer Experience:
eBay inventory management software gives a precise and state-of-the-art outline of your stock. You can then rapidly and effectively answer customers’ demands and fulfill orders. This will assist you with improving customer experience and constructing long-lasting customer relationships.
› Straightforward Deals Execution:
As referenced before, eBay stock management tools make it more straightforward to deal with your stock and answer rapidly to customer demands. This means more deals and significant benefits, giving you more assets to develop your eBay business.
› Handling Multiple SKUs:
Suppose you are showcasing products in multiple marketplaces (I.e., Amazon, Walmart, Magento). You probably struggle handling multiple SKUs. With the assistance of eBay inventory management solutions, you are only a few clicks away from seamlessly handling all SKUs for your products regardless of marketplace.
» Things to Consider While Choosing the Best eBay Inventory Management Software
Hoping you have an idea about why eBay inventory management software is essential for businesses and what are its crucial features and benefits.
Now it’s time for you to focus on how to choose the best eBay inventory management software. In order to do that, the following are the things that you should consider before choosing stock management software for your eBay business:
› Need for Inventory Management Software :
There are multiple signs that can confirm that you have crossed the requirement of a standard inventory tracker and are in need of advanced automated inventory management tools.
The signs include continuous overselling, silly inventory errors, and more time consumed by manual tasks, which the right tools can easily automate so you can save time and focus on business growth rather than doing repetitive tasks. This is the first step where you realize you need a dedicated inventory management tool.
› Support Native Integrations:
Make a list of the integrations that eBay inventory management tools should support, like other eCommerce platforms (I.e., Shopify and WooCommerce), shipping methods, POS, SKUs, and more. Most importantly, ensure that the tool supports these integrations directly from the tools environment without additional apps or third-party permission requirements.
In other words, the tools should reinforce native integrations. The more your stock management tools support native integrations, the more it will be secure for your business.
› Fundamental Features:
You need to create a list of must-have fundamental features that your future eBay inventory management software must include. Define your business requirements and compare the listed features that reasonably fulfill those requirements.
To do that, put yourself through questionnaires, like Do I need my future inventory management system to be able to ship orders and allow digital picking? For wholesale business, Do I need my new inventory management tool to handle wholesale orders? Or, in manufacturing, Do I need my future solution to handle the raw material industry type as well?
› Easily Understandable System UI:
Ensure eBay inventory management solutions consist of a simple and user-friendly UI, especially for the less technical-minded users. Periodically, it is quite possible that you have to put non-technical staff members to use inventory management software. Hence, it should be non-complex, simple, and easy to understand for non-technical users to ensure a seamless user experience.
› Exceptional Customer Support Service:
You will need support services from eBay order management solution providers at the time of setting up the solutions and at the time when something goes unexpectedly wrong. Hence, finding the best eBay inventory management solutions that offer exceptional customer support services is as crucial as finding them with the best-in-class features.
Before choosing inventory management solutions, know their typical timing to provide customer support services. Is it convenient with your working hours? Know the various channels they provide support services, like call, chat, phone, or email, and decide if they are convenient for your business.
Most of all, check the quality of support services through online ratings and reviews.
› State-of-the-Art Development:
Your crucial business affair – inventory management will rely on your chosen inventory management solution. Hence, it is vital to find the right one, which is innovative and the latest technology-driven developed solution.
Look for eBay stock management solutions that provide regular updates and improvements to stay competitive. Check the timeline for the release of new features and bugs fixed to ensure the utilization of new technology for your chosen inventory management software.
Every business is unique in its own way. The best way to choose the right eBay inventory management software for your eBay business is to define your business requirements and take the above things into consideration before finalizing any software.
» How Much does eBay Inventory Management Software Cost?
For start-ups and newly launched businesses or companies, eBay provides an easy-to-use Bulk Listing Tool with essential features for inventory management. However, it can handle only a medium size of inventory volume.
Other eBay inventory management software are available in the market. Their price differs based on many aspects. Typically, the average cost is expected to be around $100 to $150 per month, considered a low-cost solution compared to the most expensive ones.
The most premium ones may cost about $2500 to $3000 monthly. Sometimes, the solutions may come with one-time registration fees of a couple of thousand dollars and offer lifetime validity.
The vital aspects that can affect the tools’ pricing are the size of the businesses, the volumes of the products, the number of orders and reorders, and multiple locations for software use.
» Conclusion
Now you have a brief knowledge of what eBay inventory management software is, why it is so essential, and its important features and benefits.
Before choosing any eBay inventory management tool, make a list of its features and benefits, review your business requirements, and compare them to point out the best affordable eBay stock management solutions that can fulfill your business requirements.
Hoping this guide will cover all your questions and assist you in choosing the best eBay inventory management software to take your business to the next level.