Upgrade Your Tata Cliq Seller Account to Gain Popularity!

Upgrade Your Tata Cliq Seller Account to Gain Popularity!

Tata Cliq is a top trending eCommerce venture in India. This platform has all the prominent and significant brands that provide immense opportunities for sellers to sell top-notch products per their customers’ latest demands. After completing the registration process, you can effectively be able to log into your Tata Cliq login seller account. You can view your orders, track your sales history, and manage your inventory on this page.

Tata Cliq is a new but one of the reputed eCommerce platforms in the entire industry that carries the legacy of the enormous Tata Group established by Ratan Tata. In a short time, this platform has reached millions of Indian customers. This platform is widely known for its quality products which is why they pay special attention while allowing any seller to sell their products through this marketplace. To acquire immense popularity and revenue from this marketplace, you must upgrade several essential pieces of information in your Tata Cliq seller account.

Add on These Information to Tata Cliq Seller Account

Provide Your Personal Information

An association with Tata Cliq is a great way to represent your products to a considerable number of potential customers. You must provide your personal details in your seller central account; it provides an identity to your brand and helps customers to locate your specific products on this platform. It is indeed an incredible way to keep in touch with your customers. You must include your full name, brand name, product list, product prices, inventory details, etc. These details can be ultimately helpful to you in many ways.

Add Essential Information Regarding Product

Tata Cliq has more than a million registered customers, so it is evident that as a seller, your products will get more exposure if you provide all the essential information regarding your product. These product details are crucial because they can provide them with a much clearer picture of every aspect of your product. First of all, you must add a product display name, product description, and product images and then accordingly add the category and subcategories in which your products are listed.

Include Appropriate Information in Product Listings

While creating product listings in your Tata Cliq seller portal, providing all the appropriate information regarding your products is genuinely required. It can help your customers to buy the desired products without any doubt. In lack of information, customers get confused about the product, and it can drastically affect their shopping decision as well. You must add the right weight, size, color, material type, flavor, and dimension according to the nature of your product. Such pieces of information are imperative to add in terms of product visibility and eventually impacting your sales.

Must Add Shopping Policies for Customers

You must provide clarity to your customers regarding the shopping policies. Just for your knowledge, we want to inform you that Tata Cliq does not charge any delivery fees for orders above Rs. 500, and orders with the minimum order purchase requirement are just rs. 50. Apart from that, all products have a 30-day return policy, and you can charge a restocking fee for returns beyond 30 days from the actual purchase date. Hence you must add up all the informational pieces to your Tata Cliq seller login portal.

Always Keep an Eye on Your Seller Dashboard

This platform provides a seller dashboard in your seller central account. Here you can view all the essential information required to optimize your listing and attract more customers to your product page. In your seller dashboard, you can find detailed insights into how many clicks your products are getting and which of your products is a bestseller. With the help of such vital information, you can quickly make any crucial decisions about marketing and selling your products abruptly.

Check Order History to Track Sales

Selling your products blindly without tracking your sales is a bad practice that can affect your overall sales. That is why it is essential to calculate your sales in a timely manner. In order to track your sales, you can use the order history feature on your customer account page in your seller account of Tata Cliq. Here you can view all the orders placed by all the customers and the amount that they pay for their orders. This data can help you understand how frequently your customers purchase your products. This practice can let you evaluate your overall sales performance and profit ultimately.

Review Shipping Information to Calculate Logistic Price

In terms of selling your products on this platform, you must consider the shipping time and the total cost of your products. However, the shipping time depends on the product and the logistic service provider. Apart from that, the shipping cost will be based on the weight of your product, shipping location, and shipping method. You can get all this vital information from your seller’s central account.

Review Analytics for Sale Performance

Reviewing the analytics to obtain information regarding your sales performance is crucial. It is a process to attain essential data regarding your customer’s interaction with your online business, including their buying and other activities on the platform. You can use this data to improve your sales performance and understand your customers’ shopping behavior. These analytics show how much time a customer spends on your product page and how often they visit your product page. With the help of such impeccable information, you can offer the desired products to your customers and generate decent revenue simultaneously.

Conclusion

Becoming a Tata Cliq seller can add golden wings to your eCommerce journey. It is one of the safest and most convenient eCommerce platforms to sell your products. This platform offers the easiest way to list your products and makes it super easy for customers to buy them. Transactional ins and out are pretty secure from sellers’ as well as from customers’ perspectives too. You can also get incredible marketing tools in your Tata Cliq Seller dashboard. It can help you in managing your listings and campaigns.

There are four significant tools; promotions campaign management, advertising campaign management, shipping management, and customer service management. You can use these tools to make your operations smooth and hassle-free. However, if you are new to this business and experiencing difficulties in managing your accounts and financial aspects, you can take advantage of eVanik OWS. It works as automated accounting software that helps in managing your financial flows. You can easily integrate it with your ERP system and adequately analyze all your incoming and outgoing financial transactions. Apart from that, this peculiar software also helps with inventory, payment, shipping, and return reconciliation.

Work Of Inventory Management Software For eComm Business!

How Does Inventory Management Software Works for an eCommerce Business?

A healthy association with any eCommerce platform requires keeping an eye on your inventory in the very first place. Believe it or not, fragile eCommerce inventory management software can affect your online business enormously. Being an online seller, it will be helpful if you realize the importance of inventory management software on time before landing into a significant loss.

That is why online sellers must have comprehensive inventory management knowledge. This management is necessary to fulfill customer orders, manage the warehouse, and initiate on-time shipping. It can also be beneficial in terms of restricting product wastage. This tremendous software can help you manage your inventory, thus encouraging business efficiency. One of the elementary purposes of using this software is to meet customers’ demands without creating an overstock or excessive inventory. To establish a profitable, scalable, and sustainable online business, you must understand every aspect of managing inventory. In this blog, we have the workflow of inventory management software and the significant challenges you can experience while managing inventory.

Workflow of an Inventory Management Software

As you know, inventory is the product or materials that an online business intends to sell to customers for profit. It is a crucial element of the entire supply chain that enables tracking inventory from manufacturers to warehouses. The conclusive goal of inventory management is to have the right products at the right place and time. Here in the following points, we have mentioned the inventory management workflow.

Acquiring Inventory: The first step is buying products from third-party vendors, manufacturers, or wholesalers and delivering them directly to the warehouse or the storehouse.

A Stockpile of Inventory: Inventory should be stored until needed. Products and materials are transferred across your fulfillment center until it is ready for shipping.

Provides Accurate Inventory Report: An accurate inventory report can never let you experience a stock-out situation that can make your customers unhappy and disappointed with your services.

Inventory management can be an essential asset of your eCommerce business. Where overstocking of products can impact the financial aspect of your business, down stocks can drastically make your customers unhappy. To manage all these ins and outs, you require inventory management software, especially if you are dealing on a larger scale.

Significant Challenges in the Absence of Inventory Management Software

Overstocking & Downstock

In the eCommerce business, if you do not have strong control over your inventory and knowledge about your customer’s shopping habits, you may easily fall into a situation where you either can not supply demand, or you may have overestimated the total amount of inventory you require at the time to fulfill the demands. However, it can be advantageous to have an extensive inventory on hand but on the other hand, it can become of no use if you have outdated products in storage. It increases the chance of having too much dead stock on hand. Deadstock refers to such products that you can not sell because you have too much inventory and not enough demand. It happens when market trends and customers’ shopping behavior shift. On the flip side, down stocks or less stock immediately affects your market reputation, and you may lose the trust of your customers.

Lack of Visibility Across Multiple Channels

Lack of visibility is another challenge you may face as the demand increases and managing inventory across various eCommerce platforms becomes more complex. As you expand your business, you will likely decide to sell your products across multiple platforms, such as Amazon, Myntra, Flipkart, Snapdeal, etc. However, keeping track of sales and orders from each platform can become challenging unless you use eCommerce inventory management software which will help you to manage your inventory through its centralized function.

Lack of Inventory Data Insight

It is another common challenge that sellers mostly face related to inventory management is the lack of inventory data insights. In order to scale up your business, you need to consider the power of inventory data. To boost your revenue and fulfill your customers’ requirements, you need to understand how your inventory fluctuates over time, how demand changes, forecast future requirements when to re-order products, etc. To implement all these steps, you require inventory data insight.

What Does Inventory Management Software Do?

Ensure Order Fulfillment

Meeting the deadline for product delivery is one of the crucial aspects of any eCommerce business. In any situation, if you cannot fulfill your customers’ demands, the result can be disastrous, as you can lose your valuable customers. An inventory management software synchronizes any order with your inventory to ensure order fulfillment. It provides you with clear visibility of available and non-available products. In this way, it can become hassle-free to fulfill your customers’ orders on time.

Restrict Overstocking & Downstock

With the help of the remarkable feature of providing accurate inventory reports, you can easily find out what amount of inventory you need to stock up. It automatically eliminates overstocking and down stocks. As a positive result, you will be able to save a lot of money to spend on improving the other aspects of your business. Overstocking can put you in the situation of facing the situation of dead stocks as well. On the other hand, down-stocks can prominently make you lose your valuable customers.

Forecast Demands

In the competitive world of eCommerce, it has become quite essential to forecast the demands of your customers. Demand forecasting can help you with selling your products during the peak season. As you know, festivals are busy days, and sales are always supposed to increase during this time. So it’s better to pull off your socks before the game begins and keep yourself in a safe position. Demand forecasting is essential in terms of enhancing your business decision about production, managing inventory, and marketing plans. It can also be helpful for profit margins, future capacity planning, cash flow, and capital expenditure.

Enhance Visibility

Tracking and locating a specific inventory is indeed a challenging task to perform. Inventory software such as eVanik OWS provides you with accurate inventory reports. Thus it can become effortless for you to keep track of each and every inventory in real-time. You will be able to analyze the status of all your listed products across multiple channels and can refill your stock as soon as products are likely to get out of stock.

Centralized Inventory Management

A robust inventory management software like eVanik OWS provides the astonishing features of centralized inventory management. It eliminates the requirement of managing the separate inventory for each eCommerce platform. This software integrates with your ERP system, connects with all the marketplaces you have associated with, and makes your inventories visible in one dashboard.

Conclusion

In terms of upscaling your online business, it is essential to manage your inventory compellingly. Not prioritizing this aspect can put you in a difficult situation where you will not lose your customers but money as well. Software like eVanik OWS can even help you with inventory reconciliation as well. It can help in reconciling the damage & returns, claims & disputes as well. Hence, now you must understand the importance of this considerable software and its benefits.

Abolish These Challenges of Order Processing With eVanik!

Abolish These Challenges of Order Processing with eVanik’s Impeccable Features!

Serving your customer better is the only motive of any business. This motive gets a hike-up specifically while dealing with the enormous eCommerce industry. Becoming a part of this industry is relatively easy but acquiring desired success takes a lot more. As an online seller, you must manage this business’s aspects very carefully and smartly. Order processing is one of the most critical aspects of this business that should be handled flawlessly. The core of this magnificent industry helps your business grow and makes your customers happy. It is one of the significant element.

This process can be done either at the distribution centers or warehouses or even at the storage place of sellers, depending on the scale of your business. However, mishandling this process can distruct your eCommerce business terribly. This stairwell involves a bunch of people along with the various essential steps. That is why the chances of human errors increase deliberately, and one can not resolve them without the help of order processing software. Adding agile software to your eCommerce business can quickly abolish various problems and errors. In this particular blog, you will get to know about the challenges and their solutions with the help of eVanik’s remarkable features.

What is Order Processing Software?

The eCommerce operations start with maintaining clumsy spreadsheets, but as soon as your business expands and flourishes, it can become impossible to handle the order processing manually. The increasing number of orders also encourages complexities by minimizing visibility. But with the help of automated order-processing software, you can effectively streamline the entire order-processing process. This software helps you in automatically schedule the time for all the orders and shuts the doors for any mismanagement. It helps with on-time delivery and increases customer satisfaction.

Significant Challenges of Order Processing

Errors in Placing Orders

Once a customer places an order, the order processing procedure starts. After placing an order with customers, you need to provide them accurately with the order number, price of the product, shipping details, and billing information. But if you handle this process manually, you may end up experiencing several errors by sending the wrong details to your customers. Believe it or not, it can impact your online business’s entire structure. But do not panic because robust software can efficiently eradicate such issues. Such software automates this process and automatically sends the correct info regarding their orders to the customer.

Inaccurate Product Data Entry

Inaccuracy in product data entry can demolish all your hard work and extensively disappoint your customers. While dealing in the eCommerce business, you need to process the orders right after a customer places an order. But manual process maximizes the chance of blunders; sometimes, you may fill in the wrong information regarding the customer orders in your order processing system. It is evident that if you enter the wrong details, you will deliver the wrong product to your customer. Along with dissatisfying your customers, this practice also increases your order return rate. However, automated software can automatically feed the correct information into your system right after order placement.

Contradicting Shipping and Packaging Labels

After the order placement, shipping is a mandatory step of the eCommerce business, which is unavoidable. Several obstacles while executing this step can ruin the entire order processing procedure. Wrong shipping and packaging labels can delay the order delivery and increase the chance of wrong product delivery. Manual order processing leads you to affix mismatched wrong shipping and packaging labels on orders. This practice increases the number of wrong product deliveries. However, automated order processing software can be helpful for you in resolving such issues.

Why eVanik is the preferred software for Order Processing

Auto Scheduling of Order Processing

It is one of the extraordinary features of eVanik OWS; it works as an automated order processing software. You must know about this fact that how important it is to process the order delivery right after placing an order and deliver it to each customer sequentially and promptly. The auto-scheduling feature of eVanik’s software schedules the order processing automatically right after your system receives a customer’s order. It efficiently processes the orders according to their placement and minimizes further delays. Auto scheduling eliminates the requirements of scheduling every order specifically. Thus it can save your precious time and efforts that you can spend on other aspects of your online business.

Maintain Accuracy in Shipping Labels & Invoices

Getting along with this software can effectively maintain accuracy in generating shipping labels and invoices. With this software’s help, you are not required to generate separate invoices and labels for each order. It provides a continuous label and invoice printing as per your order packages. This way, you won’t fall into a situation of wrong product delivery. This automation also boosts the order processing procedure and streamlines all the orders for fast and smooth delivery. However, it doesn’t have any alliance with the delivery part.

Power will be at Your Fingertip

eVanik OWS provides you with an ultimate mobile app called “Flexmart PRO” that enables you to process your orders from anywhere and anytime. One can download this app from the Google play store and process your orders effectively while being in your comfort zone. It helps you never miss a single order and minimizes the rate of late and wrong order delivery. Isn’t it a must-have software? Indeed it is if you want to let your business thrive and build a happy customer base.

Bulk Order Processing

Processing bulk orders at a single time can be a clumsy and time-consuming process. But not anymore because our order processing software can process all the bulk orders efficiently and effectively. This software has the astonishing ability to select multiple picklists and generate batch picklists. Hence, it becomes easy to process bulk orders in one go. This glorious feature can help you abundantly during the festive season, when you may receive hundreds of orders in a single day.

Conclusion

Hence, it has been apparent that without this quintessential software, it can be challenging for you to survive in this techno-friendly era. Customers want to get their orders quickly as soon as they place one. That is why it is recommended to take the help of an automated order processing software that can accelerate the speed of order processing. No one can ever deny that online business is about satisfied customers. For the efficient growth of your business, it is necessary to get along with the software which automates the order processing and saves your precious time and money. To run your business flawlessly, it is even more important to automate this process and eradicate the chance of any kind of mismanagement.

Integrated Accounting Software: Benefits & Importance

Importance, Functionality & Benefits of an Integrated Accounting Software!

Have you ever wondered what will happen if you fail to manage your finances? Your entire business structure will collapse immediately. That is why being associated with eCommerce or any other business requires smooth accounts management. You all know very well that without robust financial management, you won’t be able to count the success rate of your business, and your hard work will go in vain.

To keep your profit details on track, you need effective accounting software for your eCommerce business. Manual accounting management can be helpful for small businesses, but once your business expands, it can become complicated for you to keep up with the bookkeeping. It can be time-consuming and may involve several errors while doing it manually.

On the other hand, while selling your products in PAN India, you also have to track the taxes of various states, which can be time-consuming. Inaccuracy and errors in getting tax details and managing the accounts can drastically affect your online business. Apart from that, you have to understand the fact that you can not make a profit from the lack of integrated automated software. This specific blog contains important information regarding the importance and functionality of integrated accounting software.

Importance of Integrated Accounting Software

To experience the importance of integrated accounting software, you first need to analyze where you experience a loophole while managing your accounts. As you know, the eCommerce industry is snowballing, and there is no room for errors. That is why you need to be proactive and practice accuracy. You can do so by incorporating integrated accounting software such as eVanik OWS. In the following paragraphs, we are going to mention some of the significant functions of integrated accounting software that can make this process much more efficient and effective for your online business.

User-Friendly Software

Regarding functionality, integrated accounting software is relatively easy to use. It is not necessary to be a tech pro while handling this software. It can smoothly integrate with your ERP system and extract all the transactional data to provide a clearer picture of your financial status. With the help of this outstanding software, you can document your financial transactions and other expenses more effectively and efficiently.

Multichannel Integration

An accounting-integrated software also works on a multichannel integration basis. It means you are not required to manage separate accounts for separate marketplaces. This software can integrate seamlessly with multiple eCommerce platforms and allow you to manage the accounts in a single dashboard. If you want to grow as a seller, multichannel integration is the top priority in today’s eCommerce world as managing multiple financial accounts may become challenging for you.

Provides Real-Time Transactional Detail

One of the tremendous vital features of integrated accounting software is that it allows you to analyze all your transactional data in real-time. This valuable insight allows you to review all the financial details of your business. In such a manner, it can become much easier for you to classify your daily transactional performance. You can quickly locate if there will be any loopholes in your accounts and can resolve them effectively. A real-time accounting report can let you find out and determine your business patterns and plan for success accordingly.

Prominent Benefits of an Accounting Integrated Software

Impeccable Financial Overview

A complete financial overview is essential for any business, whether it is eCommerce or any other business. However, such advanced accounting software provides you with all the imperative information regarding your transaction flows. You can easily evaluate whether your business is on track or whether you need to make some changes to generate massive revenue or not. Analysis related to your eCommerce business can tremendously benefit your online business.

Effective Management of Financial Cash Flow

Integrated accounting software is designed in such a way that it can manage your financial flows and provides absolute clarity over your profit and loss. With the help of this vital software, you will be able to know your actual business growth, whether it is fruitful or not. You can learn about your total earnings, expenses, and revenue. It can help you expand your business because it will become much easier for you to invest as per your business performance and count on every profit and loss. This way, it can become effortless for you to have a firm grasp on your finances.

Maintain Accuracy in Bookkeeping

It is high time that you must consider the need for integrated accounting software to manage the finances of your eCommerce business daily. In this regard, it is pretty essential to keep efficiency in bookkeeping. It can be a time-consuming task for you to keep all the bookkeeping separately. It can also become challenging for you to cross-check your miscalculations to keep an accurate financial record and provide an appropriate invoice to your valuable customers. It helps maintain the financial stability of your business.

Keeps You 100% GST Compliant

As an eCommerce seller, it can become difficult for you to set off the bulk payments against every transaction and record the GST number of every month into the sales voucher to receive the GST tax input. Along with this, you can also find it too complicated to match the sales and returns with the MTR report initiated by multiple eCommerce platforms that you are associated with to sell your products and file GSTR correctly and on time. Although, accounting software allows you to accurately match the MTR report with the integrated data into your Tally Prime. Eventually, with the impeccable support of advanced accounting handling, this software makes you 100% GST compliant.

Top Trending Accounting Software for eCommerce Sellers

Tally ERP 9

It is one of the most eminent and user-friendly accounting software in India. One can not only use this to manage their accounts, but this software also handles inventory management, tax management, order management, tax management, banking, payroll, etc. Tally ERP.9 widely supports your daily accounting requirements, from recording invoices to generating multiple MIS reports. However, this software does not have integration ability with any eCommerce channel, so to handle your accounts, you have to take the help of spreadsheets. As you may experience miscalculations while using spreadsheets, at this point, you need to take advantage of eVanik OWS, which provides an automated chrome extension-based integration with Tally. It eliminates the requirement of manual upload and download of vouchers and the installation of TDL. It outstandingly helps with generating 100% accurate and error-free GST reports.

Zoho Books

Zoho Books is another top trending online accounting software that provides complete visibility of your financial transactions and manages the money moving in and out of your eCommerce business. However, to make the most of this application and minimize the errors, you require an integration that can streamline all the processing and make it more efficient and hassle-free. This software also has its own mobile application for android as well as for IOS users. Hence it can become pretty much adequate for every seller to manage and check the transaction details on mobile as well.

AlignBooks

Align books is also a much prevalent and user-friendly accounting software that has been used by a tremendous number of eCommerce sellers in India. This software company, based in Delhi, India, is one of the recognizable software for managing your accounts. One of the fantastic benefits of using this software is that it is completely integrated with the eVanik OWS to manage the multiple accounts of various eCommerce platforms. Server-based APIs among Align books and eVanik guarantee ongoing and robotized exchange posting with practically no manual intercession

QuickBooks

Another accounting software is Quickbooks, which provides a direct and easy integration along with the association of any integrated accounting software like eVanik OWS. However, QuickBooks supports minimal eCommerce channels, but with the help of API integration, you can make it supportive for every eCommerce marketplace. This software also has the beneficial expense tracking feature, bills, due dates, and reporting.

Conclusion

Hence, now it has become crystal clear why you should take the help of integrated accounting software to manage your accounts. You need to understand the fact that there is no room for any errors while managing your accounts. That is why it is necessary to manage your accounts appropriately and accurately with the help of automated accounting software. Handling multi-channel accounts is also a clumsy task to do, but it can be effortless with the help of such software; even if you are getting along with those mentioned above top trending accounting software, you will require the help of API integration.

Tally Prime Integration Software Benefits for eComm Sellers

Benefits of Tally Prime Integration Software for eCommerce Sellers

Whether eCommerce or any other business, accounting is an integral part of any business. One needs to handle this aspect appropriately and without fail. As a business owner, it is vital that you know about all the transactions and financial flow of your business. Mishandling the accounting part can make or break your business; excellent accounting management can help you have a robust business base. It will never let you lose a single penny and will add more profit to your online business. An impeccable accounting system secures your future and can even help you escape unusual situations in your hard times.

You must have a thorough record of your payments and transactions. Generally, most sellers extensively use Tally PRIME to manage the accounting part of their online business for bookkeeping and managing inventory and finances, invoicing, reporting, sales and purchase management, etc. The eCommerce business is considered one of the most complex businesses when it comes to accounting specifically. You need to keep track of and record your multiple transactions and payments. However, it is not an easy task to implement because it may invite a bunch of errors.

However, Tally PRIME integration software can resolve all these difficulties for you. You can save inventory, transactions, sales, and taxation data into your Tally database. It is a business management software widely used by many small and large businesses. You can get rid of so many complexities of eCommerce by integrating tally prime with advanced software. This blog has mentioned some of the exceptional benefits of Tally PRIME integration software for eCommerce businesses.

Use Cases while managing Accounting in Online Selling

In the eCommerce business, you may receive hundreds of orders from various marketplaces every day. While selling your products on major eCommerce platforms such as Amazon, Flipkart, and Myntra, you must follow the GST guidelines and file the GST returns on time. These marketplaces also report your sales to the GST authorities by depositing the TCS (Tax collected at source) on your behalf.

However, doing it manually can be time-consuming, and there may also be chances of errors. That is why you need automated software to integrate the eCommerce platforms’ transactions with Tally PRIME. Software like eVanik OWS provides seamless one-click integration of diversified eCommerce platform transactions with Tally PRIME. Here are some of the use cases in the process of accounting and bookkeeping:

  • In the process of sales and customer returns, it can be practically impossible for the sellers to insert numerous customer ledgers in the Tally. The marketplaces directly make the payments to every individual seller, and it can become a massive task for you to keep a manual record of bulk payments received against every order by the marketplaces.

  • The eCommerce platforms settle the net payment to the sellers after deducting various fees, charges and commissions. They provide a monthly commission invoice to the sellers that must be documented as an expenditure to avail of GST input credit. Apart from that, the commissions of marketplaces against every particular order need to get balanced out and matched.

  • Customer and courier returns need to be resolved against the original invoices. Doing it in a traditional way may involve the risk of several errors, which can impact the overall health of your business.

  • The sales and returns invoices must be accurately matched with the sales tax report and the MTR report provided by the eCommerce channels on your seller panels.

Exquisite Benefits of Tally PRIME Integration Software

Enhanced Accounting Operations

As an eCommerce seller handling the details of every online transaction and payment can become troublesome, especially when you are doing it manually, as it increases the chance of several errors. However, Tally PRIME integration software provides a techno hand to handle the accounting operations.

This advanced software provides you with an auto-generated report. Software like eVanik OWS helps in operating and analyzing financial statements and other tasks related to your online business; one is GST compliance. You don’t need to manually download and upload any excel sheet or CSV files from marketplace seller panels. All these data automatically get synced with this outstanding integration software.

Eliminate Errors and Saves Time

Nowadays, eCommerce business requires automation. Because manually doing the data transmission into a Tally increases the chances of human error. However, with eVanik OWS which is a Tally Prime integration software, you can eliminate manual errors and save a lot of time.

It can also eliminate the contrary data input. Data contradiction and manual errors can become a significant pain for you, and it’s better to eradicate them as soon as possible. The way to eliminate these annoying problems is to integrate your accounting software like Tally with this advanced software.

Effortless GST Return Filing

GST return filing is a vital part of any business; when it comes to online business, you must compile various invoices and tax reports to get a return amount from the government. Using tally prime can be a good option, but you can make it the best option by integrating it with advanced software.

This software can automatically compile all your invoices in one place and helps file the GST on time. Due to the mismanagement of invoices and tax reports, you can sometimes miss a suitable date to file the return. But with the help of integration software such as eVanik, you can file your GST return accurately and on time.

Hassle-Free Inventory Management

There is no need to explain that inventory management is essential to the eCommerce business. Most of the sellers use Tally Prime to manage their inventory as well. It stimulates the proper management of stocks, invoices, and product categories. However, they need to insert the data into the tally system manually. But with Tally PRIME integration software, you can get agile reports on inventories.

It will let you know how many products are left in a specific category and how many are sold out in this way. You can easily update your inventory and never miss a chance to delight your customer. Through this software, you can manage the inventory of various marketplaces in a single dashboard. You can maintain the stock inventory in a proper batch and can even monitor your products’ expiry dates. It ensures that none of your products get wasted.

Conclusion

Hence, this is how Tally PRIME integration software works for an eCommerce business. It is helpful not only in managing your accounts but your inventory as well. Both are an essential part of any online business, and you should not ignore them in any circumstances. So think twice before not considering the benefits of this software.

In the manner of saving a small amount of money, you get into a hefty financial loss. Believe it or not, currently, many sellers rely on this software and minimize the chance of loss and business failure. Subscribe with eVanik today, and acquire all the benefits mentioned above for your eCommerce business.

What is SKU ID in Flipkart and How to Create an Effective one?

What is SKU ID in Flipkart and How to Create an Effective one?

The eCommerce industry carries numerous essential factors that are essential to attain immense success.Being a seller, you can’t afford to ignore any of them. It doesn’t matter whether you sell your products on Flipkart or any other marketplaces; some processes will remain the same. You must be aware of how vital inventory is for your business, and to identify them specifically, you need to add SKUs (Stock Keeping Units). Most sellers know that SKUs help track products from manufacturers to customers, but not everyone knows how they work behind the arena and why they are necessary for your business.

In the eCommerce industry, whether you are a regular seller or a veteran brand-new business owner, it doesn’t matter whether you have a vast inventory or limited stock; SKU IDs are a must to have. Through this particular blog, you will get to know what SKU ID is in Flipkart and how you can create it effectively.

What is the meaning of SKU ID

SKU ID or SKU code refers to a stock-keeping unit. It is a unique identifier for products you sell on marketplaces to record their stock quantity. As a seller, you may want to know the exact quantity and availability of products of various sizes, colors, patterns, etc. All of these will have a different assigned SKU id for each quantity in the warehouse or wherever you stock up your products. It can be profitable to keep track of your inventory. SKU is a unique product offered for sale that epitomizes all the essence connected with the product that differentiates it from any other product.

This essence may include brand, size, color, manufacturer, and warranty, but it can not be limited. However, an SKU ID holds all essential information about a product and gives it unique prominence in your inventory. In this way, it can become easier to recall or track any significant product. Typically an SKU ID is a group of eight alphanumeric digits. Implementing an SKU id to track your inventory and skip the malefic situation of Oos (Out of Stock) is crucial.

How to Create a Good SKU ID for Flipkart?

In the implementation process of SKU, the most crucial factor is to make it unique for each product variant in your inventory. Here we are going to identify some of the best practices to make your SKU id different from each other.

Always Make Your Own Product SKU ID

Most Flipkart sellers affix the manufacturers or third-party IDs within their product SKU ID. Some of you may think it’s a great idea but let me tell you that it’s a bad practice for your online business. It can create a hassle in case you change your manufacturer or vendors. Thus it is always better to generate your own individual SKU ids for all your products.

Include Essential Information

Although you can not add brief information to a stock-keeping unit id, there is room for adding some specific information. For example, if you are selling shirts from chick brands in various sizes and colors, you can create one in this form; CHI-SHI-RED-SMA. Such codes help identify the products better; this code says small-size red color chick shirts.

Apply the Cascade Method

Applying a unique SKU ID cascade method can prove really helpful to you. For example, if you are going to sell electronic products such as laptops, mobile phones, or any other device. First, you must create a cascade chart, and you need to start by taking the basic information about your products. In the case of electronic devices, you can add E (for electronic), M (for mobile), and later on, add the model number and other information to identify the product. You can keep adding various attributes until you find a relevant id according to your product.

Add Specific Fonts & Characters

Never get confused while adding specific characters, and be aware of using similar characters for each product. The font and characters you use in your stock-keeping unit code play an important role. It is recommendable to use more transparent and bold fonts. Please avoid using the symbols as they can get auto-formatted in the excel sheet and put you in a confusing situation.

Essential Tips to Add Unique SKU

  • Always try to keep it between 8-12 specific characters.

  • Start the SKU ID with a letter for identification; it can be the name of the brand or product.

  • Avoid using zero or any other special characters within your stock-keeping unit code.

  • Always go for a unique and easy-to-understand format.

How can SKUs Help Your Business to Grow

Provides Accuracy in Tracking Inventory

SKUs allow you to keep unique identification ids for every product and make it easier to find any specific product in your inventory. You can easily find their availability and exact quantity based on SKU IDs and save yourself from the stockout situation. It can let you decide when is the right time to order new products from manufacturers. However, to skip the situation of overstock or down stock, you can use any inventory management software such as eVanik OWS. Always keep in mind that accuracy always brings productivity.

Implements Demand & Sales Prognosis

Once you are able to get accurate inventory numbers, you will automatically be able to find out the accuracy of sales and demand prognosis. It can let you determine the number of products you should have for further sale. You can also develop an idea of how prior you should order products. It can let you understand your cash flows during the seasonal sale. SKU data also highlights your low-selling products, and you can immediately stop investing in them or eliminate them from your listing.

Increase Customers’ Satisfaction and Loyalty

While SKU IDs can be used to forecast reorder points, they can also help your customers to find the right product they require. It also diminishes stockout situations, increases your brand loyalty among customers, and provides a remarkable shopping experience. Usually, whenever a product gets out of stock, your customer may get disappointed and buy the identical product from your competitors. It can be harmful to you in terms of keeping loyal customers.

Conclusion

Thus, these unique codes are an essential part of any eCommerce business. It is not only crucial for Flipkart sellers to sell products on any other eCommerce platform. SKU ids work as primary identifiers, and keeping your inventory synced with all the eCommerce platforms is essential. However, in this manner, you can also use inventory management software that can automate this entire process and keep track of all your SKUs. It eliminates the requirement of keeping the SKU codes in an excel sheet and provides a dashboard where you can quickly analyze your inventories across multiple channels.

Brief Intro to Social Commerce & Tips to Start Your Business

A Brief Introduction to Social Commerce & Tips to Start Your Business!

All of you must be aware of eCommerce, but most of you must not have been aware of social commerce, which is a new buzz in the town. It is a new way of selling your products to millions of customers. This feature is emerging throughout several platforms and creating new opportunities for all the small and big brands to sell their products effectively. This brand-new selling method has been increased deliberately during the COVID-19 pandemic because brick-and-mortar stores were not working.

The pandemic situation is the primary reason behind the emergence of this trend. It has drastically changed the digital selling concept and introduced social media platforms as a new marketplace for customers to shop for their products. Facebook, Instagram, and several other social media platforms have been used acutely to sell several diversified products. This blog explicitly mentions what it is and the aspects you should consider while selling your products through social media. Let’s deep dive and find out what it is and how it can benefit you as a seller.

What is Social Commerce?

It is the new way of selling and buying products directly through social media platforms such as Facebook, Instagram, Pinterest, etc. This method allows customers to shop while scrolling through their favorite social media platforms. As we know, in this digital age, customers from various generations are using social media platforms. Hence it is one of the most innovative ways to sell your products through social media by associating with this new business method. This specific business model has pushed social media beyond its actual role. According to a survey, this method is also helpful for various brands and individual sellers. Within the next two years, it has been predicted that this business model will grow faster than ever.

Startling Social Commerce Platform to Start Your Journey with

Regarding this selling process, it is essential to know about platforms that allow you to sell your products. Here, we have mentioned a few popular social media platforms where you can sell your products and fulfill the requirements of a number of customers.

Facebook

Undoubtedly, Facebook is the most recognizable social media platform worldwide. If we talk about the statistics from India, Facebook currently has 329.65 million active users. This platform has a tool with a shallow barrier for sellers to enter. You can set up a Facebook business profile to sell your products through this platform. At Facebook, you can automatically synchronize your entire inventory list with this platform in just a few seconds.

In case your eCommerce solution doesn’t provide Facebook integration, then, in that case, you can even upload your product information through a spreadsheet also. Selling your products through this specific business model also encourages organic product discovery and ultimately helps you increase your overall revenue. Once Facebook users find your products on this platform, they can even complete a purchase through the Facebook app itself. This platform is the most recommendable way to connect with your customers directly through messenger.

Instagram

As you know, Facebook is the parent company of Instagram, so Instagram shopping is directly linked with the Facebook shop. To set up your shop, you must link your Instagram business account to your Facebook business account. Once you get it done, you will be able to upload your existing product catalog on this platform, or you may create a new one also.

Instagram is all about #hashtags, and to sell your products successfully through this social media platform, and you need to add various relatable tags to your content. It can make your product discoverable for your customers. Apart from that, Instagram posting, creative reels, and videos will help you immensely in selling your products. This platform offers more opportunities for creative selling promotion because of its visual feature.

Pinterest

Pinterest is another social media platform that allows you to sell your products directly to your customers. However, like any other social media platform through Pinterest, you won’t be able to provide the complete shopping experience to your customers on this platform only. Product pins are not direct tools at Pinterest, so customers will redirect to your main eCommerce landing page to complete their purchase. To sell your products through this social platform, you need to add your product catalog to the Pinterest business page. According to a recent survey, more than 80 percent of Pinterest users are actively searching for some purchase inspiration. However, setting up your product page on this platform requires a little technical knowledge to pinpoint your products for your customers.

Three Key Benefits of This Specific Business Method

Connect with a Wider Customer Base

Acquiring brand loyalty is vital for any online business, as many are on the battleground. Ever since the pandemic has hit the world, a drastic change has been seen in customers’ shopping behavior. They have switched their brand preferences and are open to trying out new products and brands. In this continuation, you must be aware of the fact that more than fifty percent of customers are getting to know a new product or a brand through social media. Hence, it is highly recommended to start selling your products through S-commerce. Through these social media channels, you will be able to connect with a more substantial customer base because those who know about online shopping must have a social media presence. We have already given you several Facebook users in the above paragraphs that can help you to understand the value of social media platforms and their worth.

Escalate Reviews & Recommendations

If you are new to this selling zone, you need to know that social media profiles are the perfect place to establish your social proof. While online shopping, customers can not try out or test your products; reviews and feedback are the only factors they can rely on. Social media posts can attract thousands of customers into your funnel, giving them a chance to pen down their overall shopping experience with you. Believe it or not but one positive review can do wonders for your online business; it can increase your sales and add more customers to your journey. Humans have this in-built nature of passing recommendations to each other. Thus, it can eventually help you to get more customers.

Showcase Customers’ Shopping Behavior

This particular selling method provides you direct access to your customer’s social media profiles, and you can go through them to learn more about them. This practice can let you know your customer’s basic preferences and choices. Using these insights, you can offer them products as per their choice and increase your sales effortlessly. This method provides you the ability to impact your target customers on a larger scale.

Conclusion

Thus, you must have gained a broad idea about this alluring shopping method. But you must keep a few things in mind before you start selling your products through social media platforms; you need to know your target customers. Once you get to know them, start scheduling your promotional posts to catch their eyes. Last but not least, must reply to every review and query promptly. It provides a personalized shopping experience to customers and increases the chances of customer retention also. Social media has brought a revolution for online shopping and made it easier for sellers and customers to interact with each other. So what are you waiting for? It is time to adapt to this new business method.

Know the Astounding Functions of Inventory Management Software!

Know the Astounding Functions of Inventory Management Software!

In the eCommerce industry, various aspects are quite crucial for this business. Inventory management is one of them, which is the most crucial part of your eCommerce business operations. You may have to face the inefficient and unmanageable inventory process, out-of-stock situations, overstocking and misplaced inventory if you do not have robust inventory management software. It is impossible to handle all the requirements related to your online business manually. It can require a lot more than that.

Being an online seller, you need to understand that the elementary purpose of eCommerce inventory management is to meet the customer’s demands without creating an excessive inventory or overstock. In this precise process, all you need to do is to understand why it is an essential factor for your online business.

In this particular blog, you will find out the importance of such software and how it can work as a strong pillar for your eCommerce business. Overstocking and stock-out situations can drastically impact your business and become a significant reason behind the downfall of your eCommerce business.

What is an Inventory Management Software

It is imperative to understand inventory management software in the eCommerce business. It is a combination of equipment, programming, cycles, and techniques that manages the checking and status of listed products at marketplaces in your stock.

An inventory management software helps recognize the stock status of each product. Softwares like eVanik OWS provides complete knowledge about your stocks and accurate inventory reports. This report provides you with information regarding damages, restocking, and down stock.

Hence, it can become much easier for you to manage your inventory and fulfill every order of your customers. Appropriately, overseeing stock gets more sincere as your business grows and the precise measurements of stock you are taking care of increments. Nefarious innovation can make things simpler for you, so inventory management software is priceless for any eCommerce seller.

Compelling Functions of Inventory management Software

Here in the following paragraphs, we have mentioned various significant inventory functions management software. It will help you manage your inventory outstandingly to meet customer demands. Lets’ see how it works and how it can add value to your eCommerce business.

Consolidate the Inventory Process

It is one of the critical functions of any eCommerce inventory software that helps you manage and track your inventory process effectively without spending too much money. To manage your inventory efficiently, you do not require going to your storeroom or warehouse; instead, you can control inventory flow directly through this software. It streamlines the entire process and helps fulfill your valuable customers’ requirements.

Regulate Overstocking

Overstocking is not only the major concern of eCommerce business. It is one of the serious challenges for any business. You must understand that it can impact eCommerce businesses on a broader scale if you fail to maintain consistency in maintaining the appropriate amount of each product in your stock.

However, inventory management software is designed in such a way that it can regulate overstocking by creating an extra inventory cost as per your supply. Ultimately it can add immense profit to your business and make it a successful affair for you. In this way, you may become able to fix your budget as well and can save money for other business operations.

Forecast Upcoming Trends and Demands

Inventory software tends to provide impeccable insights into your eCommerce business. This insight can let you know about your customer’s shopping patterns and make you aware of upcoming market trends. The data you receive from this software can help you to analyze the current scenario of your sale and let you identify the problems, and you will be able to make your business plan more robust for the upcoming months. Moreover, this insight can help you determine customers’ preferences and what products they like and dislike. It can also help you offer superior products during the year’s peak season.

Provides Real-Time Data Accessibility

The ability to generate rapid data allows your online business to supervise your profitability without any hurdles. Ultimately, every product you have in your stock provides the opportunity to modify the inventory according to the demand of your valuable customers.

You can effortlessly keep a modified overview of your stock through eCommerce inventory management software. It doesn’t matter how many locations and warehouses you are managing. This feature of real-time data accessibility can prove to be a lifesaver for your eCommerce business.

Escalate the Productivity Level

It is one of the essential functions of inventory software. Sometimes, you may fail to track the exact number and type of products in your inventory, which can negatively impact your productivity and eventually affect customer demands and satisfaction levels.

However, holding on to any eCommerce inventory software can make it a hassle-free process for you, as it automatically provides you with the exact number of products in every category, if there are any. In this way, you won’t fail in fulfilling customers’ demands, and at the same time, it helps you generate more profit.

Handles Multichannel Inventory

It can be a complex process for you to manage your online business smoothly in the ever-changing eCommerce environment. At this point, inventory management software manages the inventory section’s odds. Suppose your business is growing, and you plan to sell your products on more than one platform. In this case, you do not require to manage the inventories separately, but you can manage them combinedly with the help of software.

In today’s world, for the survival of your business, it is necessary to sell your products on multiple eComm platforms. In that case, this software allows your business to evolve with the current base of customers and accommodate future growth. Being an ambitious seller, you must take this service seriously, as it is the need of this promising market.

Thus, this is how inventory management software works and adds magnificent profits to your business. Apart from this, it can also diminish the requirement of human resources to manage the inventory. With the help of such automatic software, you can single-handedly manage your inventories without any hurdles.

Conclusion

It is evident that the eCommerce industry is multiplying, and to let your business survive, you can not ignore the services provided by eCommerce inventory management software. An astonishing inventory software leads to a well-organized warehouse and stocks, which can help you fulfill customers’ future demands.

On the other hand, you can save money by not spending it on low sales volumes of products. The accuracy of data and insights can give you a clearer picture of the products your customers are purchasing. All these facts ultimately lead you to generate revenue from your online eCommerce business.