When people talk about e-shops, the focus is usually on how to create the perfect website or captivating social media ads. While these play a crucial role in developing a successful eCommerce business, there is another aspect that requires your constant attention and determines your future as a business, which is stock management and all related operations.
Inventory is at the core of every retail and wholesale business. At the same time, if not managed effectively, loss of customers and revenue are probable results. Especially if you run a small eCommerce business where competition is tight and budgets limited, there is no room for inventory mistakes. Luckily there are some well-tested tips and tricks you can follow to ensure eCommerce success. Here are our recommendations.