Keeping reasonable stock control in your online store can be the difference between a successful business and a failure. One of the main reasons for order cancellations in online stores is deliveries. Often, this error occurs at the base of the procedure, in inventory control. Having an updated stock is very important for the financial health of your online store and also a free inventory stock excel application (โปรแกรมสต๊อกสินค้า excel ฟรี, which is the term Thai). And to maintain a stock that does not harm you with stopped products or lack of products, your control must be updated daily.
1 – Know The Area You Work In.
That’s the first step to keeping a stock seller. It’s no use trying to get into a segment you don’t dominate just because it’s trendy or because you heard your neighbor saying it’s a money mine. Get to know your business, set up your virtual store, and think about what your stock will look like.
After you find out how you should act in the area you have chosen, it’s time to determine how you will control your stock. There are two ways to have this inventory control in an online store. The first is traditional stock.
2 – Have A Differentiated Stock For Each Product.
It’s keeping the products that sell the most in your inventory control and those that don’t have a way out, with fewer products on the shelf. This is a control that must be kept minimally by the merchant. The commemorative dates should be taken into account: Christmas, Mother’s Day, Father’s Day, Valentine’s Day, etc. The stock control of your virtual store must be prepared for these dates when the flow of sales usually increases a lot. Think of a Mother’s Day you didn’t prepare for, and the demand far exceeds what you have in stock. It’s a wasteful revenue opportunity.
3 – Maintain A Good Relationship With Your Suppliers.
Keeping in constant contact with suppliers is essential and also receipt (ใบเสร็จรับเงิน which is the term in Thai) of product bought. Inventory control can suffer a lot if you don’t a direct line to whoever supplies your products. What’s the point of having good inventory management if the products don’t arrive for you? So, keep suppliers that meet deadlines and don’t hurt your sales. Inventory management for online stores is not difficult. But it is necessary to maintain the daily routine of updating and paying attention to the sales flow. The tips above are the most common stock control practices for online stores. Put it into practice and good sales.
