Top 5 Magento 2 Quote Extension
.Choosing the best-fitted Magento 2 quote extension for your store among various options on the app markets may cause headaches for the Magento sellers. To help them have enough information to make decisions, we have searched and collected useful descriptions about the 5 hottest quote extensions in this article. 5 Best Quote Extensions For Your Magento 2 Store Mageplaza Mageplaze provides chances for Magento buyers to request quotes for their favorite items or all the products they want to buy. The sellers will receive the request, take time to consider and discuss it with the customers. This quote extension allows both customers and sellers to negotiate via a mutual reply to find the most suitable prices for them. If the prices in the quote cart are not acceptable, the Magento sellers can refuse by canceling the requests. Whenever they reach a price agreement, the customers can buy with the negotiated prices and thus the stores can enhance sales, customers satisfaction and reduce customer churn rate. Aheadworks Aheadworks was trusted by thousands of users as this Magento quote extension is an optimal solution for B2B negotiation. It concurrently creates chances for customers to buy products at the cheapest prices and allow sellers to gain expected profits. When using this extension, the sellers do not need to handle and solve the quote request manually. They can set the standard and criteria for the acceptable quotes and Aheanworks can automatically accept the quotes thereafter. The price plan of this Magento quote extension is really reasonable for the huge range of features. Bsscommerce Bsscommerce offers outstanding quote requesting functions for the Magento stores. The customers can request quotes for products, the whole cart or a specific product category. Meanwhile, the sellers can set quotes available for each customer or B2B customer group. The Bsscommerce’s interface is really easy-to-use that helps the Magento business runner manage and operate their quote feasibly. The customers can request their quotes and receive responses on this add-on or via their email that they can keep in touch with the sellers during this process. Moreover, Bsscommerce can help you to set the minimum quote number for a certain customer group. Boostmyshop Boostmyshop allows customers to send their quotes for getting their favorite item at reasonable prices. This Magento 2 quote extension provides diversified functions for both the customers and sellers to take advantage of quotes. It offers various options for the buyers to customize their quote requests with an easy and simple process that they will feel easy to add to the quote cart and start to negotiate with the sellers. A bonus point here is that Boostmyshop can automatically remind the customers if they accidentally forget to send quote requests. Codecanyon Codecanyon allows customers to send quote requests for the prices and product quantity directly to the Magento sellers. The extension supports all the product lines and conducts the quote requesting process quickly. This Magento quote extension creates a tight connection between sellers and buyers. In detail, it sends emails related to the quotes requesting process to both parties to notify necessary and new updates. Moreover, Codecanyon allows the store administrators to track the quote process to withdraw useful insights and open chances to enhance customer satisfaction. An all-in-one B2B solution Using separate extensions for each feature you need might affect performance as well as technology costs. Therefore, we recommend trying GritGlobal’s Magento B2B platform. Other than B2B-essential features, the platform ensures that you can manage all B2B-related tasks in one place, without weighing your site down. Request for a demo here: Covers all your distributors’ needs with quotes, negotiation, bulk orders, and other features. Conclusion Choosing a Magento quote extension for your stores is not as difficult as imagined if you comprehend all the information we have brought and have dynamic pricing policies. We hope that you can pick one of them and make outstanding improvements.
Last-Minute Holiday Ecommerce Website Checklist
Holiday preparation requires a careful process that reduces mistakes and plans for uncertainty. Therefore, a thorough holiday eCommerce website checklist becomes extremely crucial. It ensures your store runs smoothly and gains expected revenues in the hot sale season, Our article today will go through some important points that must be included in your last-minute checklist that can enhance your store’s effectiveness and efficiency. Make Your Holiday Ecommerce Website Ready With Final Checklist Update Holiday Themes To make the customers know whether your stores have any special campaign for holiday sales, updating the eCommerce website appearance must be on top of your checklist. Moreover, it would be boring if you keep one theme or background throughout the sale season. You should prepare for different designs, banners, and advertisements, and change them continually. Thus, a useful tip here is taking advantage of some automatic applications like Atom8 on BigCommerce and Shopify platforms to automatically change your eCommerce store’s theme every 2 hours. Check it out here: Atom8 can make your store management process easier with the ability to automate hundreds of backend tasks. Launch Email Marketing Campaign If the customers do not have time to visit your eCommerce store, how can they know about your special deals or discounts on holiday sales? It’s time to add email marketing to your eCommerce website checklist. Besides, the normal email with boring and over-advertising content can disturb the customers. Then, you may receive their negative feedback or complaints or even “unsubscribe” notification. To improve the quality of email marketing, you should adopt personalization into each email. You can utilize tracking tools to figure out customers’ behaviours, then group them into suitable segmentation and prepare from personalized email marketing. Next, an automatic application like Atom8 can send those emails to target customers to notify them of the special deals or product recommendations that are well-matched with their expectations we had discovered before. Sort Order To help the customers feel easy to find their expected products and help your store sell more stocks. Perhaps you need to add order categorizing features into your eCommerce website checklist. With this function, you can set the product sorting in accordance with your selling strategies to avoid too many inventories left. This approach will let the products you want to sell more be on top and attract more customers. Plan To Sell All Your Products It’s common to bundle slow-selling items with hot products. This is an effective way to increase your product and order value. Out of stock is a common problem when selling hot products during the holidays. Therefore, your eCommerce checklist must include the approaches to deal with this issue. A backorder may be an outstanding solution as it allows your customers to make orders of unavailable items. If you use the Bigcommerce platform, the BackOrder app can rescue your out-of-stock revenue and enhance customers’ shopping experience without disrupting their buying process. Its usage is really easy and straightforward. All you need to do is pre-setting all the items as backorders. Whenever they are sold out, the customers still can buy them and receive the shipments at a later date. Try the must-have app here: BackOrder allows customers to purchase past 0 inventory, which can contribute greatly to your revenue and conversion rate. Conclusion Have you paid attention to our suggestions before? We hope that with our reminders, you can plan for your own eCommerce website checklist carefully before the upcoming sale seasons to attain awesome achievements and overcome challenges.
Top 7 B2B eCommerce Site Examples You Can Learn From
Building a fabulous B2B eCommerce site usually takes eCommerce sellers a lot of time and effort. Considering and taking a deep look into some B2B eCommerce site examples can help them withdraw thoughtful lessons about how to get success with a great B2B eCommerce Site. Our article today will give you some outstanding B2B eCommerce Site examples, which can help you improve your own one. Best Examples Of B2B Ecommerce Website Alibaba Alibaba is known as a Chinese giant in B2B and B2C eCommerce business. This company sells products in more than 40 industries for customers from over 240 nations. This B2B eCommerce website’s design and function focus on customers’s needs. It adapts localization methods for each market entered, sells suitable products, and customizes the web experience for different areas. Moreover, the buyers do not need to pay any fee for using web features. This is because Alibaba gains revenues from commissions and ads. Amazon Business Doing business in the same field as Alibaba, Amazon is dominant in the US and Western countries. The story of Amazon B2B eCommerce is awesome as it can gain revenues of $10 billion within only 4 years. Amazon provides a fulfilled package of features on their B2B eCommerce site. These meet the demand of most of the B2B stores, including invoice paying, multi-user accounts, etc. Although it offers various functions, the manipulation is a piece of cake. Moreover, to motivate the buying power, it also establishes a program that allows customers to upgrade their member levels with the limited spending amount, and thus the buyers can utilize more outstanding features than before. OverDrive OverDrive, which is extremely famous for selling audiobooks and ebooks for education and retails. It also possesses an awesome B2B eCommerce site. It provides transparent and easy-to-understand books’ descriptions and huge sources of digital content for the buyers This approach can help the customers feasibly to choose their favorite products without being lost in a confusing mass of information. Also, the website is quick-responding and smooth-operating enough to handle a large number of customers. Sterlitech Sterlitech, which specializes in membrane and filtration products, always provides a variety of products on its B2B eCommerce site. The purchases don’t need to spend a lot of time selecting and considering among items. Since the platform provides filters to find out the list of their expected products. Moreover, to support the customers from A to Z, Sterlitech also established a blog channel to give the buyers ultimate buying guides, tips to use and other useful information. All the features and essential address is on the homepage and the customers can use them to enhance their shopping experience or call for support whenever they need it. 3DXTech 3DXTech sells 3D printing products, and it has gotten success with outstanding product pop-ups. Whenever the customers give it their emails, the B2B eCommerce site can track and realize your tendency to offer well-matched popups and product recommendations. This approach can open chances for the purchaser to access expected items without spending too much time, and also gain more revenues as the 3DXTech can sell more products. ACME If you are doing business in the logistics and shipping fields, ACME has a valuable B2B eCommerce site for you to learn from. This website is well-designed in a minimalist style, focusing on essential features instead of providing overwhelming types of functions. Also, the manipulation is easy and smooth so any customer can shop and explore its products without any barriers. Conclusion With the 7 examples of B2B eCommerce sites above, we really hope that you have already had your idea to develop and upgrade your site from today with promising successes
Must-know 2020 Black Friday statistics for eCommerce businesses
Black Friday is not only one of the biggest shopping days but also the most expected shopping season of the year. As a matter of fact, it is essential and partly stressful for enterprises to prepare your store for these days. Not too complicated a process, however, it requires meticulous planning. This article will conclude our roundup of the most recent Black Friday statistics, you might want to take a look to find something useful for your plan. Why are holiday season statistics important? Without a doubt, this biggest shopping day is the main thing for eCommerce. Resulting from the post-pandemic situation, it is clearly seen that there was a significant shift from physical stores to digital platforms, and by a massive and scalable benefit, this online shopping trend will keep blowing in the upcoming years. . As a consequence, this day will witness a large increase of traffic, and businesses would definitely cash in on this one of a kind opportunity. However, the challenge is to ensure increased traffic does not lead to poor website experience. Furthermore, as we have seen, shoppers are increasingly using their mobile devices to do online transactions. As a result, you must ensure that your website is mobile-friendly and easy to access. Must-know Back Friday 2020 statistics What do people look for on this season? Noted in a report by IMI International, in 2020, these 5 things that are mostly searched during their shopping progress: on sales item (23%), being local (18%), review of previous buyers (17%), suggestions (12%), and things new stuff (11%). Online shopping stats In 2020, an article from RetailNext indicated a massive decrease in physical shop traffic, by 42.3% in detail. Compared to that portion in 2019, when the pandemic started to have some particular effect, this was down by 49%. Consumers now tend to spend much more time shopping online, resulting in a growth in order volume and value. And also, since going shopping on eCommerce can eliminate drawbacks that happen regularly in brick-and-mortar stores, this tendency will likely continue in the future. Consumer interest in spending online will continue to be swayed by the ease and simplicity of online purchases. A 2,000 participants research on this issue found out how they expect to spend Black Friday in 2020. Due to health and safety concerns, many people want to stay at home. 60.8% of shoppers refused to shop at physical stores because of the crowd 57.1% were concerned much about health or safety issues as a result of Covid pandemic strike down the area 40.9% noted that a long queue was a reason. 25% experienced more price discounts online than offline Email statistics When we talk about marketing strategies that e-commerce brands use to reel in leads, email marketing remains as one of the top and most effective options. Monitor Study revealed that a whopping 116.5 million emails go out on Black Friday, which is huge and it is higher than any other day of the year. But the question is large amounts of email have anything to do with generating sales and revenue? Campaign Monitor confirmed that it does have a legitimate impact, and “Black Friday emails witnessed the highest number of opens and links clicked.” In case you do not have any idea how to make this email thing work, refer to Atom8. This is an automation app on BigCommerce, can automate editing on websites in activities like inventory management, content management, order management, customer management, email marketing with Mailchimp Klaviyo. As any kind of enterprise, Atom8 will be a friend, a companion for businesses on this trip. A massive number of emails needed to send will no longer be a problem during the holiday. This friend will do it for you as well as eliminate all administrative tasks that waste time. Conclusion In conclusion, these are must-know Black Friday 2020 statistics for eCommerce businesses, hopefully that gives you a big picture, the next thing is to brainstorm and connect everything together for a plan. And remember to refer to Atom8 for more support during this chaotic season.
Tips to optimize B2B sales pipelines
B2B sales pipelines is a delicate concept. This is known as a business process that moves along with the customer’s journey, from interest to buying. So, in other words, a robust sales pipeline assumes to be a central role in any businesses of all kinds. On the other hand, it was revealed in A Vantage Point Performance and the Sales Management Association survey reports that 44% of business leaders asked, thought that their sales pipeline was ineffectively managed. To review your B2B sales pipelines to ensure a persistent flux of sales and positive results, in this article, we will offer you some tips to optimize sales pipelines. Why is the B2B Sales pipeline important? With the role in closing deals and generating revenue for enterprises, it is not difficult to recognize the importance of a B2B sales pipeline. However in this part, we shall dig down Manage sales team in a more efficient way In order to maintain all the deals to go through your B2B sales pipeline, at every stage, the manager has to take different actions so that the last step could be successfully finished. Keeping track of key metrics periodically means that sales managers can determine and simplify challenges for every salesperson before they can impede the sales process. Improved deal size, volume, and revenue Maximizing volume, size and revenue are all that enterprises want to keep growing. But the question is how to know when to pursue more enthusiastically and when to use less effort to drive? In this case, a sales pipeline by watching steps will help you to judge precisely to make a decision. Focused allocation of resources This can be drawn out as the consequence of the above benefit. When you know the location at each stage, it is then much easier to allot resources to close the deal. Sales managers can ascertain which deals are important and if they will need more time to be converted. Ways to optimize your B2B sales pipelines It is enough with the philosophy, now it is time for some practical and serious actions to achieve the prospect result with the B2B sales pipeline. Create a standard pipeline management process It is crucial to have basic and specific milestones. And then clarify stages that are all well understood by your sales team. Your sales reps should not be guessing the stage a particular dear is at or how they can men have to guess the stage a particular deal stands at or how they manage the deals at every stage. Furthermore, this process needs to be in resonance as ideal customers perceive some identical characteristics and this is the fact that could be used to standardize your pipeline management process. Automation The Industrial Performance Group conducted a study on North American salespersons. It was found that it took salespeople only 36% of their time for selling, while the rest of the time was to deal with problems, administration, emails, making reports, etc. Automation will be the answer to your problem and concern, to eliminate administrative tasks and improve productivity. You can compose sales emails and make instant available templates. After you have reduced your teams from administrative tasks, managing leads in the B2B sales pipeline becomes easier. Use the right sales pipeline stage This helps you guide your teams toward the right direction and close deals more efficiently. The stages are quite similar to a consumer’s journey as below: Lead generation: By event marketing, email marketing, content marketing, and many other campaigns, this stage generate needs and wants Lead nurturing: Next step, you qualify leads with the help of automated marketing messages to know which one is the best leads to follow up Sales qualified leads: You then qualify the leads further to specify the situation by time, budget and other needs. Closed deal: Convert the lead to a purchase Post-sale: Engagement after sales to boost loyalty, which is a repeat purchase prospect. If you wish to convert your open-source Magento store into B2B format, GritGlobal has now offered a B2B platform exclusively for eCommerce merchants who wants an open-source eCommerce platform with an affordable pricing plan. You can discover here: You can now convert your Magento store into a B2B format website without effort. Conclusion In conclusion, the B2B sales pipeline is the lifeblood of all businesses. Hence, people should not underestimate its importance. Inefficient management equals losing potential consumers. Therefore, the chances are that you need to refine the way your sales pipeline works too.
Top 2021 holiday eCommerce shopping trends in the US
Holiday eCommerce shopping trends has changed throughout these recent years. The holidays are yet to come but still become the consumer top of mind topic. Hence, for brands and retailers, these make-or-break moments actually start now. In order to give you a clear picture and a bright mindset, this article will point out some particular holiday eCommerce shopping trends in the US. How 2020 influenced holiday eCommerce shopping trends? 2020 was a special post-pandemic year when the holiday season was definitely different from the previous. People are eager to return to traditional stores. On the other hand, this epidemic seriously made an adjustment in the way they discover, shop and buy. Brands and retailers of all sizes will be challenged to meet up with the demand and adapt to new ways of serving customers. In the world As the consequences of store closure, the most obvious fact was that a particular amount of holiday shopping was pushed to happen in the digital area. In 2021, maybe in some place after the pandemic, stores might be open again. However the chances are that during the holiday, these stores will be closed. Naturally, these closures will push more shoppers to shop on eCommerce outlets for Thanksgiving and Black Friday. Thereby creating a prospect and foundation for future holiday seasons as well. As a result, eCommerce retailers will have to prepare as they will probably be much busier than ever. It can be explained that even though shoppers look forward to coming directly to the store, many others are already familiar with shopping online, so they can avoid issues when shopping in-store like crowds, long lines and other less-than-desirable aspects of seasonal sales events. In the US Sharing the same trend in the world, being reshaped by the pandemic effects, citizens in the US started to fall for eCommerce shopping more than ever in 2020. New data from IBM’s US Retail Index, Covid Pandemic increased the shift from physical stores to digital shopping by around 5 years. Physical stores underwent a significant drop of 25%, including non-essential retailers. This grew up to 75% in the second quarter of 202. Top holiday eCommerce shopping trends While it is hard to somehow predict exactly how the holiday season will take place, there are some certain aspects that could be clearly foreseen. More online shopping due to convenience As this is the theme shown in the above part, eCommerce possibly will grow significantly in sales during 2021. People will prefer this shopping method more as it is a quicker, easier experience during the chaotic holiday season. As far as retailers are concerned, what this means is that it is critical to get in front of as many shoppers as possible. Therefore, it is crucial for enterprises to optimize their site and content offerings to leverage the power of search this holiday season. Mobile dominates the online shopping device 2020’s lockdowns significantly increased not just online shopping, but shopping on mobile devices in particular. Facebook’s 2020 Holidays Insight reported that mobile purchases increased on average by 50% year on year. Participants of which were Gen X and Boomer. Mobile accounted for nearly 73 percent of eCommerce sales, according to data from Statista. Hence, for eCommerce holiday shopping trends in 2021, mobile therefore undoubtedly will play the main role in making purchase decisions. As a consequence, if retailers fail to optimize their websites or optimize the site, they will lose a potential lead. Shoppers want free shipping, easy return process It is not a myth that even in normal times of the year, consumers have grown attached to the idea of free shipping. And even in the holiday season, the product cost alone, if plus $10 or $20 will definitely be a deal-breaker, resulting in cart abandonment. Therefore, part of the savings that consumers are looking for is offers of free shipping. This become a must during the holidays. Nonetheless, if retailers, though offer free shipping, but build a complicated and stressful return policy, shoppers might still forgo their order in favor of another merchant with a more simple return policy. As a matter of fact, the important part is that the process be effortless for consumers, to provoke sales. Conclusion In conclusion, it is essential that retailers should start to plan the 2021 promotions. Also resources and materials, since the holiday season is around the corner.
How Can Ecommerce Merchants Deal With Lumber Shortage in 2021?
We have witnessed a significant increase in lumber price, up to 288% according to Random Lengths. The highest price of lumber over the last 13 years is the result of the serious lumber shortage in 2021. There is no single reason for this problem. Various issues have negative impacts on lumber markets, and eCommerce merchants also suffer from this hardship. Our article today will provide the reason behind the lumber shortage, how it affects our eCommerce business and how to overcome it. How To Tackle Lumber Shortage 2021? Why Is There A Lumber Shortage 2021? While other kinds of shortages are the results of the relation of supply and demand, lumber shortage is caused by many reasons. Firstly, the widespread deforestation which has caused severe climate change makes the quality and quantities of lumber decrease steeply. Therefore, a little lumber is able for the manufacturers to make use of, leading to the low supply. Secondly, the Covid-19 has limited and prevented the operation of a lot of factories, all the activities have been procrastinated. Also, the factory cut down on their labor so there are not enough laborers to take part in the lumber-making process, reducing the output quantity. Thirdly, in the pandemic context, people tend to stay at home and want to upgrade their houses by buying house accessories, constructing more rooms, etc. That leads to the high demand for lumber, which is the essential material for construction. Last but not least, the large scope of social distancing has reduced logistics productivity. The wholesalers, distributors, suppliers can not contact each other to supply goods and do commercial activities. Then, the eCommerce merchants can not sell anymore and need to wait for a long time for refilling stocks. How Does Lumber Shortage Impact Your Business? First and always, the 2021 lumber shortage will make your eCommerce business lose a lot of revenue. Although so many customers want to buy, you can not meet their demand as the warehouses are empty. Secondly, lumber is a popular input for many other products such as toys, furniture, home accessories, and so on. The lumber deficit can lead to other products shortage. Imagine that a lot of your stocks are unavailable and you don’t know when they are refilled, it is really terrible! What are the solutions? Backorder The best way to gain revenue when you are dealing with the lumber shortage is using backorder. A fabulous solution for your Bigcommerce stores is Backorder. With the pre-setting of Backorder, your products will automatically turn into backorder status when they are out of stock. The customers totally can click on it, put it in their online shopping cart, receive confirmation emails, and wait for the delivery. Try the app out: Allow customers to purchase even when you have 0 inventory. This approach gives the buyers certainty that they have already possessed the items anyway and reduces the probability that they come to other stores and buy goods. Demand Forecasting To avoid unexpected situations, it would be better for you to prepare for them. To minimize the 2021 lumber shortage, you need to predict the upcoming demand and trends to forecast the extent of lumber needs. There are several ways to tackle. You can use the clues from the previous quarter selling data, customer behaviors history to estimate how many people may need lumber in the future. Also, you can use some analytics software to help you with this task. Moreover, there are annual hot sale seasons when the demand for lumber could increase such as New Year, Christmas, Thanksgiving, etc., starting to prepare stocks for a long time before those seasons come will help you have enough products to sell. Conclusion The lumber shortage is one of the most serious problems for eCommerce merchants to deal with in 2021. We hope you can take advantage of our recommendations to rescue your eCommerce from this crisis, stay productive and gain profits.
Maybe You Missed These Latest B2B Ecommerce Trends
The directions of B2B eCommerce development vary from business to business. However, there are coincidences among various eCommerce business growth that create B2B eCommerce trends. Catching and understanding the latest trends will help your business gain outstanding achievements in current eCommerce contexts. In this post, we will go through the latest and striking B2B eCommerce trends in 2021, which will make considerable impacts on your business activities. Have You Known Those B2B Ecommerce Trends 2021? The Domination Of Millenials The targeted eCommerce customers have been replaced by Millenials, which account for 60% of eCommerce B2B purchasing decisions. Millennials, who have been exposed to the digital world and acquaintanced with technology, usually spend their time on eCommerce platforms and buy products. Consumer behaviors can easily influence Gen Y buyers. Then, if you want to attract them, publishing previous customers’ feedback or using KOLs for online reviews will be the best approach. Moreover, they are self-educating. The content marketers need to pay attention to this point to generate informative, useful, and persuasive product descriptions. The Millenials want to know clearly what these products mean to them and why they need to buy before making final decisions. Arising Security Threats The extremely fast movement of stores expanding to eCommerce platforms in the pandemic contexts has created tasty prey for hackers or informational criminals. Increasing website security, debugging errors, and enhancing tasks accuracy must be the priority for eCommerce businesses in 2021. Moreover, the security of customers’ information has been threatened due to the intensive competition among eCommerce businesses. The customers’ information leakage from this company will be the chance for other companies to attract those customers. To avoid losing your purchasers and protect the private rights of customers, it is truly necessary to pay more attention to this issue. Personalized Approaches As the sellers and buyers come closer to each other, mass communication is no longer effective. Not to mention customers today prefer personalization in customer service and marketing strategies as they want to be treated differently, that is based on personal requests, preferences, and interests. This B2B eCommerce trend has proposed some new adjustments in marketing strategies. The marketers should use the customers’ behavior tracking to analyze and group customers into suitable segmentation thus launching a well-matched marketing strategy such as favorite products recommendation, messages that address customers’ concerns, etc. Automation Expansion This is one of the most remarkable B2B eCommerce trends. Business runners tend to use automatic applications to convert manual operations to automatic ones. These innovations will boost productivity, reduce repetitive tasks thus help you complete more tasks in a short time. Moreover, you can use the prebuilt workflow from automatic software like Atom8 to run your business smoothly without any mistakes. Check out the app here: Atom8 helps merchants minimize manual and repetitive tasks. Also, some automatic applications allow you to customize your own workflow depending on different purposes and working styles. With automated tasks, you can save a lot of time and labor cost and have a chance to invest in more valuable things. Increased Self-Service Tendency Recently, people want to do the shopping process by themselves, including choosing products, completing checkout procedures, choosing shipping services, keeping track of the delivery process, etc. This tendency has created a new B2B eCommerce trend. The intervention of staff or inappropriate suggestions from your eCommerce stores will disturb them and interrupt their personal experience. It’s ideal if you can support exactly what they need at every buying step. However, all you need to do should be recommendations and give chances for purchasers to make their own decisions. This approach will make customers appreciate our customer services and feel free to shop online without any disturbance. Conclusion The wonderful business runners need to catch up with the latest B2B eCommerce trends if they want to possess a large market share and robust growth. Our information above will be useful sources for your eCommerce innovation and improvement in 2021. Start to be a trendy eCommerce business now!
How Can Ecommerce Merchants Deal With Bicycle Shortage in 2021?
According to Ira Kargel from Gears Bike Shop, Toronto, the demand for bicycles has witnessed a reduction recently. However, the eCommerce merchants have faced that the demand outweighs the supply. Why is there a bicycle shortage? You may have a lot of concerns when experiencing this unprecedented situation. Today we will help you to find the answers to this awkward circumstance, and establish some recommendations to solve the bicycle shortage in 2021. The current Bicycle Shortage situation Why Is There A Bicycle Shortage? The pandemic has been widespread on the global scope that makes the transportation, logistics, shipping struggle. While the demand for bicycle and related parts have not increased, the merchants have still been confronted with the continuous shortage as they can not access stock due to the lockdown and social distancing all over the world. The transportation and shipping services are frozen and they can deliver the bicycles and other parts to your warehouses. As a result, the products can not arrive as scheduled and cause a bicycle shortage. How Does Bicycle Shortage Impact Your Business? There are many obstacles your business will face when there is a bicycle shortage. Firstly, you may not have enough stocks to meet the demand. A lot of customers want to buy, but they can purchase as they want so they may feel disappointed, leave your eCommerce stores and buy from your competitors. Therefore, you will lose a big source of revenue and reputation. Secondly, the scarcity will boost the price up, the bicycle sellers may need to pay more for stock receiving. Then, the bicycle becomes more expensive and the buyers may not be satisfied. Therefore, you can not sell more because many customers can not afford the price. What Are The Solutions? Backorder When the stocks can not arrive as scheduled, your customers may need to wait a long time to buy bicycles. A long waiting time can make the customers become impatient and quit purchasing. That is why you should use backorder. Backorder allows buyers to purchase products although they are unavailable. BackOrder on Bigcommerce platforms may be a supportive companion for you. You only need to pre-set items as back-ordered ones, whenever they are out of stock, the buyers can preorder them. Next, the customers only need to stay at home, wait for the delivery and track the process by email notifications. Finally, on a particular day, they can receive the shipment like normal. If you are a BigCommerce merchant struggling with bicycle shortage, try the app now: The app allows customers to purchase more than is currently in stock. Find Domestics Suppliers International logistics has faced a lot of hardship because a lot of countries need to close and protect themselves from the pandemic. Due to the limited access to international suppliers, the eCommerce merchants should focus on domestics suppliers to ensure a stable stock flow. Moreover, the cooperation with different domestic suppliers will reduce the risks of bicycle shortage as the total products from many suppliers may fulfill your customers’ demand. Conclusion The pandemic has hurt global logistics and the bicycle stocks can not be supplied to meet the needs of people all over the world. We hope that after reading this article, you can understand the current situation, choose your solution and rescue your eCommerce business from this crisis.
Top 5 Workflow Automation Software For Your Online Business
Online businesses today have started to convert manual operations to automatic ones. To upgrade their business activities, choosing suitable workflow automation software is truly important. Overwhelming among various selections is a nightmare! We have researched and found the five best workflow automation software for online businesses. 5 Hottest Workflow Automation Applications Atom 8 Atom8 is considered one of the best workflow automation applications for any business on BigCommerce or Shopify. It can automate workflow, maximize the speed and accuracy of each assigned task. You can customize your own templates or use the pre-built templates from Atom8, which provides more than 100 templates suitable for any business activity. Atom8 comes with various abilities. Besides automating workflow, it can help you in order processing, customer management, real-time notifications, data management, content management, etc. An outstanding benefit of Atom8 is the user-friendliness, which is supportive for beginners and experts. Moreover, it is well-matched with your store’s interface and management structures. Zapier Zapier may be a good choice for marketers and project managers as it can connect with more than 1000 applications related to email marketing and document sharing. It also has an accessible interface which is suitable for beginners. If you frequently do data-related tasks, it would be better to choose Zapier. With the limitation of 100 tasks a month, you can use Zapier without any fee. Besides the essential functions, you can upgrade to Starter, Professional, Team, or Company Package to experience more advanced features. However, its price seems to be expensive for small businesses. AutomateMyApp AutomateMyApp can automate your operation with well-connected integration ability among apps or devices and transfer data between them. With this application, you can leave it there with pre-setting work mode, and it can help to do all the jobs. You can totally view the technical pictures of this app to understand how it works by Webhook. AutomateMyApp comes at a reasonable price with multi-step automation. Moreover, it is a user-friendly software that can connect with Google Sheets, Facebook, PayPal, etc. for many purposes. Kissflow Kissflow workflow automation software can help you automate each department’s tasks such as marketing, customer service, finance, etc., based on various pre-built workflow templates. It can support you and your customers no matter when you are on PC or mobile because it can pretty fit with mobile interface. It allows a lot of users with proper permissions to come and use. Then, it will keep track and report what they have done for performance evaluation. Nintex Nintex workflow automation software is great for remote teamwork. It comes with an advanced analytics ability that can track the performance, run accurately, and make correct decisions. It offers a wide range of pricing plans, tightly following various business demands. This approach can help you invest correctly in what you truly need. One drawback of this application is its interface. The interface is difficult to use, so it may not be suitable for beginners. Also, there are some complaints from customers that it sometimes displays error messages. Conclusion Our article has brought the top five automation software with the most impressive features, benefits, and drawbacks. We hope that you can choose one and run your online business smoothly. If you have your idea, make your decision now!
Top 7 Essential Web Application Integration For Any Online Business
The rapid development of technology in the modern world has brought many innovations to our business activities. Our article today will introduce you to 7 primary web application integrations, with detailed descriptions and recommendations for each category. 7 Must-Have Web App Integration For Your Online Business It will be a mistake if we do not mention web application integration for online businesses, the powerful assistant for your online task. However, you may be concerned about the main features of web app integration and how it works in real contexts. Point-Of-Sale Application Point-of-Sale (POS) applications are like the connectors between your physical store and your online shop. These apps help you seamlessly manage sales, customers, and inventory data across both platforms. But they do more than just store data—they also help you make sense of it. By analyzing your sales and customer behaviors, POS apps provide insights into your business performance and upcoming trends. This information is essential for taking your business to the next level and staying ahead of the competition. Inventory Application Inventory is the backbone of your eCommerce business. An ineffective inventory will lead to considerable loss and cause customer dissatisfaction. You may need to take advantage of inventory applications to reduce these unexpected situations. It will help you manage your products even if they come from various sources. Inventory web app integration ensures orders are fulfilled, avoids over-purchasing, and predicts trends. There are some outstanding inventory applications that allow customers to buy unavailable items. One of them is Backorders. This kind of application is the best solution to rescue out-of-stock revenues and prevent customers from accessing our competitors to strengthen customer relationships. Accounting Application Integrating an accounting application can take the hassle out of your financial tasks, like creating invoices, calculating profits and losses, and tracking sales revenue. These tasks are better handled automatically, reducing the risk of human error. With an accounting app, you get accurate, reliable data that you can trust when making important business decisions. It’s about making your financial management smoother and more efficient, so you can focus on growing your business. Marketing Automation Application Utilizing marketing automation applications is a way to engage more customers. Marketing automation applications include email automation, web content applications, and so on. Their main functions are tracking visitors’ behaviors, time spent and what they buy. Then, they group customers into each segment with suitable marketing strategies. Email automation applications will help you send emails automatically to your target customers. A must-have application that combines both email automation and web content application is BigCommerce Automation. It not only can automatically publish, hide and edit your content based on your plan but also automatically send emails to grouped customers with selected information. Analytics Application Integrating an analytics web app is a game-changer for your online business. It tracks and records key performance metrics for your website and online operations, clearly showing how things are going. Plus, with features like data visualization and storytelling, it turns complex data into easy-to-understand insights. This makes it much simpler to grasp what’s happening with your business and make informed decisions for future growth. Automatic Workflow Application If you want to increase productivity, automatic workflow web app integration will be a supportive companion. These applications will help automate your tasks, workflows based on your templates or pre-built templates. For example, below is a sample workflow of “Generate Order Info to a Spreadsheet after Order Placed” operated by Atom8. If you are on BigCommerce or Shopify, try it out! Delivery Application Shipping is the final and direct step to make customers satisfied. Shipping web app integration will help you choose the most suitable logistics company in your network, connect with your logistics partners and customers. Also, it can auto-create shipping labels or packing slips, send real-time notifications about shipment status to your customers. With this application, you can keep track of your products on the way to your customers and thus realize possible delayed elements. Therefore, you can ensure your packages will “meet” their new owners as scheduled. Conclusion We have created 7 categories of web app integration for your online business. They will support you from A to Z, increase your productivity and profits, and help you spend more time and effort on other activities.
Ultimate Guide To Optimize Ecommerce Inventory Management
The nature of selling is to supply what customers demand. To sufficiently meet the customers’ demand, the quality and quality of products need to be taken into careful consideration. That’s why we need effective eCommerce inventory management. Our article today will help you to take some steps to optimize the productivity of eCommerce inventory management. Approaches To Optimize Inventory Management Predict The Demand Of Products As we usually buy products from distributors and wholesalers before selling them again to final customers. To avoid goods surplus or shortages which can lead to considerable loss, we need to consider the quantities of products to optimize the inventory system. Forecasting the demand for products is usually based on selling records, tracking customers’ behaviors, and new trends. Moreover, the demand for products varies from season to season. To ensure accurate predictions, we need to use some automatic application to track and follow up our eCommerce business activities, then analyze and detect. Seasonality Inventory And Promotions Products demand can dramatically surge in a particular season like Christmas, Black Friday, or product-favored season. To prepare for rush hours, besides fulfilled warehouses, you may take advantage of Backorder. It is inevitable to face out-of-stock status, and Backorder will allow customers to purchase products even if they are unavailable at that time. Customers can buy as a pre-order and receive the shipment on a particular day like normal. If you are a BigCommerce merchant, be sure to try out the BackOrder App! Your promotion campaign will directly affect the product demand as it can drive customers’ choices. Therefore, promotion is also a crucial element that you need to pay attention to when forecasting upcoming demand and thus optimize inventory management. Restock Plan Whenever all the products are sold out, you need to make a restocking plan. In front of large numbers of customers, you may think the more stocks, the better. However, the highest profit is gained at a certain level of reserves. That is why there are some concepts you need to interpret to optimize inventory before establishing a restock plan. They are service level, lead time, safety stock, reorder point, and optimum order quality. The graph below illustrates their relationship: Consider What Product Need To Be Priority Depending on different seasons, customers’ tastes, and other factors, not all products are stored in the exact quantities. Therefore, you need to consider what products should be a priority over others. To have an accurate detection, you need to use some cost-benefits models. For instance, ABC Inventory Analysis classifies inventory in terms of the extent of importance and allocates control accordingly. There are three categories to evaluate the level of products’ priority: A group item: 15% to 20% of items account for 75% to 80% of annual inventory value. This group is the most important one to optimize inventory. B group items: 30% to 40% of items that account for 15% of annual inventory value C group items: 40% to 50% of items that account for 10% to 15% of annual inventory value Conclusion We have suggested some steps that you need to go through to optimize inventory management. When you can adopt them into reality, you can gain the expected revenue and desirable profits.
