
This complicates inventory tracking and takes up a lot of time if done manually. Each of these sites–eBay, Amazon, Joor, Lazada and others–has its own unique audience that your products can appeal to in various ways. On top of this, multichannel businesses see a customer retention rate of 89% compared to just 33% for single channel businesses. An HBR study found that multichannel shoppers spend an average of 4% more on every shopping occasion in the store and 10% more online than single-channel customers. Related blog: Design a killer eBay growth strategyīut we know selling on multiple sales platforms have been top-of-mind for you.ħ5% of consumers today shop on more than one channel.
#Inventory sheet free#
We made it simpler with our FREE inventory spreadsheet. Don’t worry! We encourage you to harness that energy towards tracking and moving inventory in order to compete in eBay’s vast ecosystem and make a profit.

While any business owner can feel awed by this prospect, it can also feel daunting. And if they’re not sold, excess inventory will accumulate, turn into a liability, and prevent you from earning more capital. Quickly converting inventory assets into cash flow is the name of the game. Inventory flow is the lifeblood of any business.

It seems like yesterday you were selling a few items for a few bucks on eBay.
