Running an online store is not at all an easy task, you do so much to get customers to your store but later you suffer lower conversion rates, cart abandonment, etc.
This make it important for any sized business owner to infuse a platform that displays important metrics in real-time, if you want to make the most valuable use out of your resources.
Automating reports will increase visibility and help you prevent costly errors that directly hits the bottom line of your business.
Orderhive launches reports!
Separately investing in a reporting software for measuring key metrics of your ecommerce business will make complicated, costly and may require multiple logins to access them. Orderhive a multichannel order and inventory management system has added reports to it’s list of solutions.
The developers at Orderhive are in constant touch with client’s to understand ecommerce requirements and create ways to make store management more engaging, easy, quick and cost-effective.
What can you expect from Orderhive’s reports feature?
Along with the out-of-box features that Orderhive offers, you can now use it’s reports feature with no added cost. This feature is launched, but our developers are still working on other important metrics to generate reports for any ecommerce businesses.
They wanted to postpone the launch date in order to cover all metrics and then release it, but understanding the requirements of our clients we have added three most important metrics to get started.
1 –Top Customers report – In ecommerce world it is always easy to sell to existing customers rather than new ones. Tracking your existing customer’s purchase behavior you can easily know who are your top customers and how much they shop from your site.
Once you integrate your multiple stores in Orderhive, you take an advantage of this functionality in your marketing tactics. This feature will allow you an access to all your top customer’s purchase behavior in real-time as shown in the image below.
You can also filter your search by using the “date” label highlighted in the image. This way you can easily get a glance of your customers from whom you have received high order amounts which makes it easy and accurate to target the right ones.
2 –Inventory status report – It becomes important for you to know the status of your inventory to avoid costly errors that occurs by either over-stocking them or no availability of it when required.
Your ecommerce store should allow you an access to a detailed list of your inventory to maintain levels. Orderhive’s reports feature will give you detailed information about stock statuses of all products created or synced in your account. The user-friendly interface makes it easy for you to have a quick view of all your inventory in a glance.
3 –Low stock product report – There is no bigger loss than losing your customers just because you didn’t have enough of inventory to fulfil their orders.
Orderhive’s reports feature will warn you about your low stock products. This report will show the threshold value, stock on hand and the difference quantity of all products that are low in stock.
Additional functionality-Using Orderhive’s reports feature, you also have an ability to convert the reports into excel, pdf and print them with just one click of the mouse. For instance, if you have inform your supplier about the low stock products simply save it in Excel or PDF format save and email it to them.
Also, you can directly print the report from the same screen and quickly send them to avoid costly scenarios like ‘Product not available” when needed.
In Closing- Still more metrics to be covered in Orderhive’s reports feature, but covering the most important one’s we have released it’s launch on the request from our client’s. To know more, visit www.orderhive.com/reporting-analytics.html or email support@orderhive.com
Savio Fernandes is a writer who influences. Writing for over three years at Orderhive, he is currently focused in offering eCommerce and retail solutions for start-ups and medium business owners.
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