Winning With Shopify Podcast: Ecommerce Growth for Shopify Store Owners artwork

Keep Customers Happy & Engaged With Great Inventory Management

Winning With Shopify Podcast: Ecommerce Growth for Shopify Store Owners · with Charles · August 5, 2022 · 28 min

Summary

This episode is a must-listen for Shopify store owners struggling with inventory. It emphasizes how optimized inventory management, particularly in a climate of rising acquisition costs and returning in-store shopping, is critical for customer retention and lifetime value. Learn five actionable strategies to streamline your inventory, improve order fulfillment, and leverage tools like EasyScan to keep customers happy and engaged.

Key takeaways

Themes

shopify & ecommerce platformssupply chain & operationscustomer retention

Topics covered

inventory management best practicesshopify inventory appssku and barcode systemspreventing stockoutscustomer lifetime valuesubscription models for ecommerce

Episode description

This week on the show is a topic we haven’t discussed before and is all about how to manage inventory and stock!We get asked a lot of inventory related questions by the WWS community, so wanted to bring on Charles at EasyScan to share his knowledge on inventory management and 5 ways to make sure your inventory is setup for the long haul!If you are having issues with managing stock and inventory at the moment, this episode is not to be missed!Charles is the Product Manager at EasyScan, and has 5 years of hands-on retail experience, plus 7 years of software development, primarily focused on e-commerce. This has set him up perfectly to Product Manage the best Shopify inventory embedded app on the App Store, EasyScan: SKU and Barcode. EasyScan has an impressive 5/5 stars from over 43 reviews and is the No.1 go to super app for everything fulfilment and inventory management on Shopify.You can check out EasySan here: https://apps.shopify.com/easyscan-inventory-and-orderRising acquisition costs and the return to in-store shopping have eCommerce marketers double-clicking on their retention strategy. Now more than ever, brands need to focus on lifetime value. Yotpo is proud to announce Yotpo Subscriptions on Shopify, making retention easy and affordable for growing brands. Take 8 minutes, or less, to add a recurring revenue channel to your business. Download Yotpo Subscriptions from the Shopify App Store today apps.shopify.com/yotpo-subscriptionWant to get involved in the podcast? Enquire here! https://winningwithshopify.com/Support the show

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Frequently asked about this episode

What does this episode say about shopify & ecommerce platforms?
Implement robust SKU and barcode systems for accurate inventory tracking and efficient fulfillment.
What does this episode say about supply chain & operations?
Focus on proactive inventory management to prevent stockouts and overstocking, which directly impacts customer satisfaction and loyalty.
What does this episode say about customer retention?
Utilize dedicated Shopify apps like EasyScan to automate and optimize inventory processes.
What does this episode say about shopify & ecommerce platforms?
Understand that effective inventory management is a key driver for customer retention and increasing customer lifetime value (CLV).
What does this episode say about shopify & ecommerce platforms?
Explore subscription models, as highlighted by Yotpo, as a strategy to build recurring revenue and enhance customer loyalty, especially when combined with efficient inventory practices.

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