Tips
9 Best Sellerwizard Practices to Reduce COD Failure Rates and Returns & Refunds
Introduction In recent years, businesses have undergone a revolution due to e-commerce, making it possible to sell products online. While the prospect of having an additional sales channel is enticing, retailers face stiffer competition, as it now becomes a battlefield of low prices, convenience, marketing, and more. Those who succeed are usually retailers that deliver the most value to consumers. Speaking of a good e-commerce experience, offering Cash-On-Delivery(COD) as a payment method is a plus point to your business. However, it is also susceptible to abuse and may reduce profit earnings. This blog will walk you through practical ways to…
Eliminate your old stock & Boost your sales!
AGING STOCKREPORT The benefits of aging stock reports for your business Keep your stock stocked up. Quickly identify and eliminate underperforming stocks. Boost your store’s decision-making. Keep costs low.Sign Up NowWhat you get after signing up to SellerwizardHow SellerWizard help your business minimize the aging stocks? Sellerwizard automates inventory reports, saving you time and effort. View your aging inventory in the ‘inventory stuck in storage’ section. Stocks for the past 30 days are seen in the ‘inventory stuck in storage’ section.The best part is SellerWizard is a FREE tool! No Credit Card is required!Book a demo with our Sellercraft Expert TeamWe have…
5 Effortless Sellerwizard Tips to Minimize Aging Stock
Stocking up is helpful, but not if that means never selling your products. In addition to taking up valuable warehouse space, aged inventory leads to increased costs as it sits for extended periods. You can take proactive measures to avoid aging stock wrecking your margins. Plus, following the correct processes can avoid the issue altogether. What does ‘aging stock’ mean? Aging stock, also known as aging inventory, refer to low-demand products that fail to sell or sell slowly. Unsold merchandise ties up working capital and incurs expensive carrying costs that erode profit margins. These items must be marked down to…
Overcome Unshipped Parcel Issues with Sellerwizard’s 4 Useful Tips!
A retailer’s success depends on delivering the right product to the right customer on time and in good condition. Inaccuracies, delays, or missed deliveries during the last mile negatively impact customer satisfaction and business image. What does an unshipped parcel mean? The term ‘unshipped parcel’ usually refers to a package that has yet to be delivered or sent. The parcel may still be in transit, or the courier hasn’t picked up the parcels from the dropoff point. There could be various reasons for an unshipped package. Let’s look at the impacts of unshipment and how to Overcome Unshipped Parcel Issues with Sellerwizard’s…
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