7 Situations That Might Call For New eBay Tools
Seeing your eBay business grow is a great feeling. Your products are moving, revenue is coming in, and you’re finding great deals with suppliers to make your sales profitable. However, along with the growth comes a need for new processes and resources to help you keep up with the demands. You want to make sure you can continue building without getting overwhelmed or diluting profits.
Often eBay tools that offer some automation are a great move for an online seller in this position. They can offer solutions that reduce the amount of work it takes to run the business and save you lots of time and money by doing so.
Here are 7 indications that it might be time for you to look in to eBay tools (or better eBay tools) to help you run the business.
1. Trouble keeping up and poor work/life balance
If you are working 16 hours a day to keep your inventory and listings updated, you are probably feeling pretty overwhelmed. And frankly, this is likely not the best use of your time. Rather than putting all that effort in to running business as is, you can put your time in to planning your growth. That way, the money you put toward an automation solution turns in to an investment that can help you build your profitability.
2. Adding another warehouse/managing multiple warehouses
If you are a mid-size seller who is thinking of adding an additional warehouse, or if you are already managing several warehouses, your inventory can be a lot to keep track of. However, eBay tools that can automate the tracking of inventory for multiple locations can make this a non-issue.
3. Recurring Poor feedback
You know that feedback is incredibly important to your ongoing success. And if being overwhelmed has led to multiple instances of poor feedback, there could be serious trouble on the horizon. Before you are faced with damage to your business’ reputation, you might want to consider eBay tools that can quickly help you get back on top of your game.
4. Considering a new channel
You may be considering branching out from eBay and listing on a new channel, such as the Amazon Marketplace. This can be a good move for many sellers, opening up a whole new market. But it can get tricky to maintain without the right resources. Putting a solution in place to manage your inventory through multiple channels might be a necessary step.
5. Considering consignment
Consignment has been growing in popularity, and it can be a profitable line of business for many online sellers. However, selling on consignment has some additional transactional requirements that sellers need to make sure are a part of every sale. Fortunately, there are eBay tools available that can automate these additional requirements, making it simple for a seller to launch this new line of business.
6. Starting an e-commerce storefront
Having a site of your own is becoming increasingly important for online sellers, but it can be hard to build one from the ground up, particularly when you are running your day-to-day eBay operations. Some platform providers can help make it easy, by providing support for getting your site up and running and automating the process of listing your items on the storefront.
7. You don’t know whether you’re profitable
Without a centralized system in place for tracking and reporting on your business, it can be hard to determine whether you are actually coming out ahead. Fortunately, this is an easy fix when you implement automation tools that will track and record all of the business you conduct online.
If you are in a situation where implementing new eBay tools makes sense for you, Kyozou has got you covered. To learn more about our solutions and how we help businesses grow, visit us online at kyozou.com.