Multi Channel Retailing Archives – unicommerce.com #1 Cloud based E-commerce Software Solutions to manage Order, Inventory, Warehouse Mon, 27 Jun 2022 08:55:23 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 https://infowordpress.s3.ap-south-1.amazonaws.com/wp-content/uploads/2021/08/03105610/favicon.png Multi Channel Retailing Archives – unicommerce.com 32 32 5 Simple Yet Effective Ideas to Survive Sales Slump Post Festive Season https://unicommerce.com/blog/5-simple-yet-effective-ideas-survive-sales-slump-post-festive-season/ https://unicommerce.com/blog/5-simple-yet-effective-ideas-survive-sales-slump-post-festive-season/#respond Thu, 04 Jan 2018 12:09:33 +0000 http://www.unicommerce.info/?p=3245 Festive seasons make the merchandise fly off the shelf soaring the sales figures. Your warehouses are abuzz with the over-time working workforce. Some products move faster out of the warehouse, and some slow-moving stock remains in a section of the warehouse floor. After the close of the festive season, you may find that your stockpiles […]

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Festive seasons make the merchandise fly off the shelf soaring the sales figures. Your warehouses are abuzz with the over-time working workforce. Some products move faster out of the warehouse, and some slow-moving stock remains in a section of the warehouse floor. After the close of the festive season, you may find that your stockpiles have excess inventory ordered for the season and there is also not-so-popular slow-moving merchandise lying on the warehouse floor.

Although the business goes, as usual, the sales figures are sluggish indicating the customers are holding themselves back after exhausting their budget during the festival shopping spree.

Every retailer faces this scenario post a holiday season. So, what’s the solution? How to bring the customer back to you and gear up your retail sales?

Here are 5 simple yet effective ideas to expedite the sales after the season. You can try them all or combination of them to suit your business model and product categories.

  1. Bundle them up

Bundle popular and not-so-popular products in an attractive offer and launch a post-season sale. The bundled offer is appealing to those who missed the season sale and to those who are looking for value shopping. You can extend the offer until you are clear of the excess stock. The bundled offer also works for those who want to stock up for any other occasion in the family or neighbourhood. You can decide the product mix in the bundled offer depending on what you want to push through the sales channel.

  1. Use multi-channels effectively

You can mull over adding one or more sales channels to your already existing sales platforms. Every channel has a specific type of customers visiting it. You can effectively place your product to attract new customer base and create a sales pipe for future too.

  1. Be omnipresent through innovative touch points

New-age customers are very choosy about how and when they want to interact with the brand. The best way to keep the customers (new and old alike) interested is to be present wherever your customers move digitally. Leverage the technological advancements by employing PPC, personalised subscription offers, messages or emails, style updates, invite to the new store etc.

  1. Loyalty programs

Loyalty programs like reward points, additional discounts for patrons, or more payment options create interest in your regular customers to check out the product and visit your digital or physical sales channel.

  1. Consistent marketing initiatives

When were you busily interacting with customers before and during the festive season why leave them alone after the season? Marketing activities need not go in the dark after the season. Continue creating touch points and interacting with your new and old customers consistently. The more customer mind-share means, the more market-share eventually.

After the season of festivities wane, it’s time to innovate new marketing pursuits and follow up with your shoppers. That’s how a brand can sustain the post-season sales slump and gear up for future sales.

 

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Despite growing, this is how Jazzmyride stays Agile, Focussed, Flexible and Light https://unicommerce.com/blog/despite-growing-this-is-how-jazzmyride-stays-agile-focussed-flexible-and-light/ https://unicommerce.com/blog/despite-growing-this-is-how-jazzmyride-stays-agile-focussed-flexible-and-light/#respond Mon, 07 Jul 2014 12:00:53 +0000 http://blog.unicommerce.com/?p=104   When you are selling ‘Experiences’, every little thing counts. Jazzmyride is India’s largest online seller of Car and Bike accessories. Though it started barely 3 years ago, it has been on an amazing ride since then. Not only did they go from 0 to 7000 in terms products range on their website very quickly, […]

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When you are selling ‘Experiences’, every little thing counts.

Jazzmyride is India’s largest online seller of Car and Bike accessories. Though it started barely 3 years ago, it has been on an amazing ride since then. Not only did they go from 0 to 7000 in terms products range on their website very quickly, they have bagged exclusive online selling rights of some of the most reputed global brands like Turtle Wax (USA), ABRO (USA), Xenos.

For Jazzmyride, accessories were never just accessories. For them, accessories were about ease and style. They were about giving a newer experience, a better experience to their customers. They were selling ‘Experiences’ to people, neither products, nor service. And when you are into such business, every little thing counts. Products being available (in stock) and timely deliveries – such things or the absence of such things definitely contribute to making of that experience.

While scaling up their operations, one of the biggest challenges for Mr Sunil Dhingra, the founder, was to retain that great experience, retain their brand, their positioning. But this had to be achieved in a cost efficient manner. They wanted to do it with as less hands as possible. That was possible only if they could automate tedious man hours consuming activities. Technology was the answer.

“Cloud based Unicommerce allows us to think beyond boundaries and build a business not bound by any location constraints”

Indian E-Commerce industry is toughest to be in.
Only the most Comprehensive and the Best E-Commerce Product can survive in this industry. 

Unfortunately, Jazzmyride, could not find the Tech solution which could solve their problems. They explored many products, even tried one American Software product. But it failed the scalability test after they crossed 1 lakh orders. They realized that every e-commerce industry in the world is not the same. In fact, Indian e-commerce industry is very tough to be in. India competes with US in geography, competes with China in population, and competes with Europe in diversity – that’s exactly why Indian e-commerce is toughest to be in. Any product for Indian e-commerce has to be very comprehensive in terms of depth and breadth of scope and features. Product which worked in India can work anywhere else in the world. But the same is not true for product made outside India.
That’s why Sunil started looking for a product with global standards of quality, tailored for Indian e-commerce industry and made by guys who understand technology and e-commerce like the back of their hand. And he found all these three things with Uniware, the product by Unicommerce team.

During the Demo of Unicommerce, Jazzmyride was delighted to see Unicommerce automatically fetching orders from Multiple marketplaces and updating inventories on all those channels. They found this feature so valuable that they were ready to pay us the full amount just for that. That’s why they were pleasantly surprised that they got the ‘rest of the features’ without any additional cost. Of course, there were many sophisticated and useful features in the ‘rest’, which they later found out once they started using Unicommerce!Predictably, their adoption of Unicommerce had an immediate impact on their dispatch SLAs adherence. With Uniware they were touching 97%, a figure they did not think was possible at the scale they were operating at. Not just that, but even while growing rapidly, they could cut down manpower cost by a whopping 30% ensuring better profitability numbers.

“The performance of Unicommerce has gone from Good to Great since we started using it.”

 

Better Numbers is Just Half the Story!

Apart from these quantifiable effects, Sunil vouches for some unquantifiable but immensely important results of Unicommerce adoption. Sunil feels that Unicommerce has enabled Jazzmyride to be

Agile – even at this scale
Flexible – even while using a process driven system
Light – even with increasing work load
Focused – even while geographically scattered

The two way auto syncing with multiple channels brings motion, pace to the work. It keeps things moving instead of getting stuck at any place waiting for human intervention. That keeps the organization agile. The depth of control that Uniware allows its users while using any features makes them feel empowered rather than feeling restricted by systemic approach. The numerous custom fields allows every company to bend some rules thereby giving them the flexibility required in handling off the track cases.

Anything that can be automated has been automated in Uniware. That’s why you can get so much done with very less manpower, keeping your team light. And Being on Cloud, all you need is a browser to manage your business, from anywhere, any time of the day. This factor becomes increasingly important when, like for Jazzmyride, when you are dealing with multiple warehouses, vendors, dealers all scattered geographically, on everyday basis. You will never feel over whelmed or lost by the geographical spread of your business. Uniware enables you to be focused, not get side-tracked, lose sight of priorities, what’s important. In fact, Sunil has been quite impressed by the fact that Uniware allows them to work so closely with vendors, partners and dealers. And he credits Unicommerce for helping him implement newer, out of the box business models successfully. In his own words,

“Any e-retailer worth his salt, who is selling on multiple e-commerce websites, NEEDS Unicommerce. Period.”

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