Keeping FBA inventories fully-stocked with the products you are trying to sell on Amazon is your topmost priority as an online seller. It is your job to make your products available to your customers when they need them.
However, when a certain item in your inventory is out of stock, this creates a negative impression that you are incapable of meeting immediate customers’ demands or fulfilling orders in time. If this becomes a regular occurrence, your customers may give you a negative seller feedback. In worse case scenario, they might decide to bring their business somewhere else. Here’s where getting an advanced Amazon inventory management strategy becomes crucial than ever.
Amazon Inventory Management: Why Keep Amazon Products in Stock?
Remembering to stock up on your FBA inventory and managing it properly leads to different advantages such as:
Fulfillment of Orders
Fast-moving products generally require you to have a steady supply of stocks to fulfill orders and keep your customers happy. This is easily attainable if you always manage to stock up on your items in advance.
Great Customer Service
Keeping products in stock is a good way to demonstrate stellar customer service. Being responsible in making sure you have what your customers need enhances the way you offer your services to your them.
Formulating Inventory Management Strategies
When you have been in the FBA for a while, you would likely develop different inventory management strategies – especially when it comes to keeping your products in stock.
Steady Income
If you are regularly keeping your inventory in stock, then you will have continuous influx of fulfilled orders, which translates to higher sales for you.
Better Seller Rating
Maintaining sufficient inventory always will give your customers the impression that you are a responsible seller. They will think highly of you because you know how to manage your inventory and stocks very well.
Positive Reviews
Aside from getting better seller rating, you will also receive a higher number of positive product reviews. The more customer orders you fulfill, the more customers will get the chance of experiencing your products, and the higher the chances of getting positive reviews for those products.
Having your inventory fully stocked with your most in-demand products causes different chain reactions. When you provide customers the products they need, you start build meaningful buyer-seller relationship. You also increase your selling opportunities since you have enough stocks to offer.
However, be mindful to not overstock on items that don’t call for too many orders, as this will unnecessarily top up your storage fees, and overstocking charges are quite costly. Keeping Amazon products stocked is the first thing you need to take care of as a responsible seller. With SellerMobile, you can be sure to get an efficient inventory management system in place. Try our Inventory Manager Tool for 30-days free!
