Tips for Successful Integration of 3PL Software 17 May 2024 3:33 AM (last year)
If you’ve ever looked into how the biggest retailers have secured success, you may have noticed that many of them leveraged logistical improvements to reduce costs and carve out competitive advantages. For a long time, it was hard for smaller companies to compete, especially in regard to logistics. The good news is that third-party logistics networks, in combination with direct selling software and other platforms, can allow merchants big and small to increase efficiency and get products to customers ASAP.
The Basics of 3PL Software
The term 3PL may seem a bit alien, but in practice, it simply means Third Party Logistics, according to TechTarget. These days, many companies focus on providing efficient supply chains that merchants and other companies can leverage to streamline their shipping and other activities. These logistics providers often focus exclusively on logistics, allowing them to develop deep expertise.
In the past, relying on third-party solutions was often a pain because it was hard to integrate them into your existing solutions. These days, you can often integrate third-party services, tools, and solutions directly into your platforms, including direct selling software. This streamlines everything and makes disparate processes easier to manage.
What to Consider When Integrating 3PL Software
When selecting software, you’ll want to find 3PL solutions that offer APIs and other tools that you can use to integrate into your current solutions. For example, if you use direct selling software, you may be able to find 3PL tools that integrate directly into it. This way, you can manage everything from one interconnected platform.
It’s smart to find logistics providers that offer fast and easy communication, tracking, and other things that can make life easier for merchants and direct sellers. The fact is that logistics can be complicated, and there may be times when you’ll need to cut through the noise and communicate with your provider. Keep this in mind when reviewing solutions.
Many logistics providers offer real-time or near-real-time tracking. This can prove highly useful for retailers and customers. If a shipment is delayed, it’s best to figure that out as quickly as possible. Then you can take steps to mitigate potential problems. You might send the customer an email update, for example.
Over time, you’ll want to set up KPIs and other methods to measure performance as well. This way, you can look for ways to improve operations. While integrating 3PL solutions with direct selling software may require some effort, it can pay off in the long run.
Are you in need of quality 3PL software? If so, our team at TavaHatz will be happy to assist you. Contact us today to learn more.
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How to Streamline the Shopping Experience Using Cart Sharing Tools 16 May 2024 3:17 AM (last year)
If a customer is on your website and considering whether to make a purchase, it’s crucial to convert them as quickly as possible. The more a customer delays, the more likely you are to miss out on a sale. As such, you need to streamline the shopping experience on your e-commerce website as much as possible. The less friction and the more quickly you get customers to pull the trigger, the better.
One of the best things you can do is set up cart-sharing tools for your various online shops. With a cart-sharing tool, a customer can use the same shopping cart to add products from different websites to the same cart. Then, when they’re done shopping, they only have to check out once to complete multiple purchases.
Why Cart-Sharing Tools Are So Popular
The convenience offered by a cart-sharing tool should be pretty obvious. Checking out on e-commerce website portals can be a huge pain. Customers may have to enter their credit card number and shipping address over and over again. Some customers will simply get annoyed and decide not to purchase something. They might order a few things from one website, but then decide it’s not worth ordering a few other things on another website.
A cart-sharing tool greatly reduces the tediousness of shopping online. Further, it’s possible for smaller stores and brands to essentially team up to offer customers a one-stop-shop experience. Many people rely on the biggest websites simply because it’s easier to get everything in one place. With a shared shopping cart, smaller e-commerce brands can band together to close the gap.
Who Should Use Shared Shopping Carts?
It’s common for e-commerce companies with multiple brands and storefronts to use shared cart features. In this case, the different stores aren’t competing against each other, and the parent company can enjoy income either way. It’s also possible for smaller independent companies to share carts, but it may be best to ensure that the participants aren’t direct competitors.
Shared carts are also becoming very common for direct sales and multi-level marketing campaigns. According to ZipDo, America has the largest direct sales market globally, accounting for nearly 20% of sales worldwide. Shared carts can make it easier to manage multiple direct sales teams and e-commerce website portals. They are also great for MLM campaigns.
Are you interested in setting up cart sharing for your e-commerce website? If so, TavaHatz has the solutions you need. Contact us today to get started!
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The Influence of Direct Selling on the Retail Market 29 Apr 2024 11:19 AM (last year)
If you’re looking to get into direct selling, you’ll need to make sure that you have the right direct selling software solutions. The right toolkit can make life much easier for sellers and campaign managers. We’ll take a look at direct selling solutions, but first, let’s take a peek at what direct selling is and how it’s impacting the retail market.
What You Need to Understand About Direct Selling
Fortunately, the term direct selling is pretty revealing. When you use this sales method, you sell products directly to customers. This means there’s no middle party, like a big box retail store or online merchant. Customers and sellers can cut the middle person out and deal directly with one another, creating more efficiency in the retail market.
According to ZipDo, direct selling now makes up roughly 1% of total retail sales in the United States. This might not sound like much, but Statista reports that total retail sales in the U.S. alone topped $7 trillion in 2023. Even 1% of that is an immense amount, and direct selling is primed for growth.
Since the company doesn’t have to pay a cut to a middle party, they can often offer lower prices to customers while still maintaining high quality and a healthy bottom line. That said, with direct selling, the seller will need to manage order fulfillment and other processes that a merchant would normally handle. This can be rather difficult, but direct selling software solutions can make things much easier.
How Direct Selling Software Can Reshape Retail
One of the secrets to the most successful online and brick-and-mortar retailers is that they’ve managed to deliver incredible efficiency. They can get products from sellers to customers relatively cheaply. Many of the most well-known retailers secured their market position by using superior logistics and the like.
Direct selling software can help direct sellers increase efficiency by handling many of the tedious tasks, gathering data, and making it easier to see the big picture. Managing multi-level marketing efforts can be especially difficult because there are so many moving parts. Yet MLM offers one of the best models for direct selling. In turn, direct selling can increase competition in markets, helping drive prices lower.
Fortunately, direct selling software can be used to streamline MLM campaigns and direct selling fulfillment. This can deliver increased process efficiency which, when combined with the other benefits of direct selling, can result in higher-quality products being sold at cheaper prices. Get in touch with us at TavaHatz if you’d like to learn more about direct selling and MLM software solutions and how they might revolutionize retail.
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How to Leverage Affiliate Software 26 Apr 2024 7:11 AM (last year)
If you’re looking to earn some cash, affiliate marketing offers a powerful and lucrative way to do so. Consider that more than 15% of online orders in the United States come through affiliate marketing, according to Demand Sage. For some products and services, the percentage may be higher. Ultimately, affiliate marketing could be your route to financial success, and modern affiliate software could help pave the way.
A Quick Overview of Affiliate Marketing
With affiliate marketing, you can receive a cut from sales you drum up. For example, let’s say someone owns a camping website that offers advice for campers, hikers, and other folks enjoying the Great Outdoors. This website could then be used to offer recommended camping and hiking gear. If a reader clicks on an affiliate link or ad and then makes a purchase, the website owner will receive a cut of the sale.
Affiliate marketing is a great option for many people because you don’t have to build a storefront or manage shipping and order fulfillment. This is all managed by someone else. Affiliate marketers focus on marketing which, in many ways, makes their job much easier. That said, managing affiliate marketing efforts can be rather difficult and cumbersome. Fortunately, the right affiliate software programs can make things much easier.
Here’s How Affiliate Software Platforms Can Help
Managing an affiliate marketing campaign can be quite a challenge, especially if you don’t have the right tools. Things get more complicated if you’re trying to oversee multi-level marketing (MLM) campaigns because there are many different marketers working at different levels. Without the right tools, trying to coordinate complicated marketing campaigns can prove to be all but impossible.
Affiliate solutions make it easier to manage everything by doing a lot of the tedious work, such as tracking clicks and sales. This software is especially useful if you’re trying to coordinate a large number of marketers, say as part of a multi-level marketing campaign. With the right software, much of the backroom work is done automatically, allowing marketers to focus on marketing. These tools can also be used to gather sales data and other pieces of valuable information.
If you’re looking to get into affiliate marketing, you need to build the right tool kit. Affiliate software solutions can dramatically increase efficiency, which in the long run could boost your bottom line. If you need help selecting the right tools, feel free to get in touch with us at TavaHatz.
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What Are Cart-Sharing Tools? 5 Apr 2024 8:20 AM (last year)
When your customers shop online, they may shop at different retailers within a short period. With cart-sharing tools, it’s easier than ever for them to patronize multiple online retailers without checking out at separate sites. Here’s some insight into these tools and how they can benefit your business.
Enable More Efficient Shopping
A good example of the efficiency of cart sharing is Uber Eats. When a person orders at one restaurant on Uber Eats, they are often able to add a delivery from another store without being charged an additional delivery fee. They can get a burger from Shake Shack and a coffee from Starbucks on the same delivery.
More robust tools have connections to hundreds of other retailers. Customers can take items from various retailers and put them all in one cart or shopping list. As a result, they’ll have an easier and more streamlined checkout process since they can check out once instead of at 10 different stores.
Let Customers Share Shopping Easily
According to NerdWallet, a third-party processor makes it easier for immediate card payments to be accepted at flat rates. Third-party tools now also make it possible for customers to share their carts across stores or with people they care about. It’s always fun to go shopping with family or friends at brick-and-mortar stores, and with cart-sharing tools, your customers can have a similar experience online. These tools allow customers to create unique card IDs that different people can add to. This process can make it easier for them to plan events like bridal or baby showers, blowout birthdays, and holidays. It can also result in a lot of exposure for your business.
Allow for Planning
Maybe a customer doesn’t want to keep shopping at the moment, but they want to continue looking at products later. With cart-sharing tools, it’s easy for them to plan what they need to buy and add to their cart over time. This can significantly lower cart abandonment rates.
As you can see, cart-sharing tools can make shopping easier and more fun for your customers, even in an online environment. They can share the shopping experience with those they love or simply take their time to patronize different businesses without needing to check out at multiple sites. To learn more about this exciting e-commerce feature and how you can incorporate it into your business, contact TavaHatz today.
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Get Ahead With Shopify MLM Software 3 Apr 2024 10:12 AM (last year)
Customers are doing more online shopping now than ever before. If you have a product to sell, making it available online is in your best interest. As you run your online store, one of the best tools to have in your arsenal is Shopify MLM management software. Here’s how you can get ahead with this software.
Review Software Options
According to Gitnux, direct sellers in the United States generated $42.67 billion in 2021, and that number is likely to rise in the coming years. If you want to generate the most revenue possible, you need to utilize the right software. Shopify MLM management software is an incredibly robust option, with a comprehensive range of solutions to get your product out there. You can customize it, enjoy better security, and even utilize support for multiple languages. If you truly want to sell your products on a global level, you can do so in many languages and currencies. If you want to combine direct sales and having other parties sell for you, look into the available affiliate software. You’ll be able to recruit, track commissions, and offer various item promotions.
Become Educated on the Software
Learn the ins and outs of Shopify MLM software, and ensure your sales team and all your affiliates understand how to use it to the best capacity. You can use this tool to distribute training materials to people in your network. Make sure you keep track of all your sales, and use this data as a motivator to present to the team or your investors.
Analyze and Strategize
One of the biggest benefits of Shopify MLM software is that it allows you to keep track of metrics. From there, you can analyze the market trends in terms of what products are selling and in what demographics. For example, it’s beneficial to know if your products are doing better in Europe versus the United States. As you analyze market behavior, you can effectively customize your upcoming strategies for each quarter.
There’s a lot you can do with Shopify MLM management software. You can sell your products, bring on affiliates, and gain valuable insight into your business’s performance. To learn more about how this software can benefit you and your business, contact TavaHatz today.
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3 Reasons to Invest in a Corporate Analytics Dashboard? 4 Mar 2024 6:56 AM (last year)
You’ve likely heard about data-driven decision-making and business analytics, but what does that mean? Investing in a quality corporate analytics dashboard is essential for understanding your key metrics, spotting concerning trends, and guiding strategic decisions. Keep reading to understand why you should make this a top priority.
1. Visualize Key Data in One Place
Having the right MLM software solutions will compile all your essential data streams into customized, visually appealing dashboards tailored specifically to different teams’ needs. Rather than digging through spreadsheets or various reporting programs, executives can simply glance at their dashboard and immediately absorb the most critical numbers. Whether it’s sales numbers, web traffic, operational efficiency, or other KPIs, a high-quality business intelligence solution presents the full picture on easy-to-read charts. According to ZipDo, the largest direct sales market in the world is the U.S., making up 19% of global sales. Being able to identify the data with the sales market can put your company ahead of the competition.
2. Identify Trends and Future Risks
The impact of seeing your data in interactive charts and graphs cannot be overstated. Truly understanding the trends in your business over the previous months and years provides tremendous insight into likely future outcomes based on your current trajectory. You’ll also be able to identify risk areas that would be very difficult to recognize in spreadsheets alone. Getting these trend lines and key figures in front of your leadership team as early as possible gives you all the time you need to make appropriate strategy pivots.
3. Fuel Strategic Decision-Making
At the end of the day, the purpose of gathering and understanding your crucial business data is to inform better decision-making. With customized dashboards on the metrics that are most important to your company’s success, your leaders can pursue strategies that align with the current realities. Rather than relying upon best guesses or gut feelings, using a powerful business intelligence solution arms your executives and managers with the hard data they need to make informed choices.
While investing in technology like a corporate analytics dashboard requires commitment, the payoff in terms of increased visibility into your business health and strengthened leadership decisions certainly makes it worthwhile. After getting the right MLM software solutions implemented, the insights you’ll gain over the coming months and years can transform your strategic planning and success. Reach out to TavaHatz today to get help finding the right MLM software solutions for your business.
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Why Are Incentives and Award Tracking So Important? 1 Mar 2024 5:27 PM (last year)
Running a successful direct selling business requires keeping your sales team motivated. According to Gitnux, between 2022 and 2028, the global direct selling market size is expected to grow at a CAGR of 6.1%. This is due to rising consumer demand for product validation. One of the best ways to motivate your team is through incentives and awards tied to performance goals. Effectively tracking who qualifies for different incentives can be tricky without the right direct selling software.
The Problem With Manual Tracking
Manually tracking sales performance data and correlating that to incentive qualifications is extremely tedious and error-prone. As your direct selling business grows, you’ll have ever more complex qualification rules across an expanding array of incentive programs. Attempting to track all of this manually via spreadsheets or paper records becomes nearly impossible. Mistakes get made, people feel cheated, and motivation suffers.
Automation Is the Answer
This is why direct selling software with built-in incentives tracking and award management capabilities is such a game changer. The software automatically tracks real-time performance data across your entire sales team and instantly determines who qualifies for what bonuses, trips, and prizes. It’s all rules-based, so you can set up qualifications to be as simple or complex as you need them to be. This eliminates manual errors and guesswork when determining rewards. There’s complete visibility into incentive programs and who has earned what. That transparency helps salespeople feel your incentive programs are fair and working as advertised.
More Efficient Reward Fulfillment
Automated incentive tracking through direct selling software also makes fulfilling rewards more efficient. The system stores all required recipient information for sending monetary bonuses or booking earned trips and events. This eliminates tedious paperwork and forms for salespeople to fill out. Fulfillment happens faster, which also preserves the motivational impact of the rewards by recognizing achievements sooner.
Rapid business growth means rapidly increasing challenges in managing sales incentive programs. Direct selling software with tracking of incentives qualifications and built-in award fulfillment capabilities is a must for any growing direct sales organization. Automating these previously manual tasks improves transparency, accuracy, efficiency, and ultimately, sales team motivation. That translates directly into improved business performance. If you’re looking for the right direct selling software for your company, reach out to TavHatz today.
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4 Benefits of Various Third-Party Merchants 24 Jan 2024 7:03 AM (last year)
A third-party vendor is a business or individual that can provide assistance to your company. This entity may be contract or otherwise. They often partner to provide resources or services to help that business operate more efficiently. This can include 3PLs which stands for third-party logistics, according to TechTarget. Let’s look at some of the benefits of these services.
1. High Quality Services
If you’re just now starting your business, you might not have access to world-class facilities, but you can outsource to a third-party affiliate software. This will provide you with the best end results along with exceptional services. When you find an external entity that is willing to work with you providing additional tools, platforms, or even sometimes staff to help you leverage your operations, you can use your resources in a smarter and more efficient way.
2. Better Efficiency
There is always the temptation to try to handle everything yourself for your business. This is a temptation because you want to save money but also because you might feel that others just can’t do as good of a job as you could. The problem is that this cuts down significantly on your company’s efficiency. You only have so much energy and time to devote to tasks, and if you spread yourself too thin, nothing gets done well. When you outsource to third-party merchants, you can devote more of your time and energy to other tasks.
3. Access Talent Pools
In your day-to-day operations, it’s easy to start working in a vacuum. You’re only around your current team, and you just might not be aware of other talent that’s available. Third-party merchants bring a talent pool to you that you otherwise wouldn’t have had access to.
4. New Materials Facilities or Software
Depending on the type of third-party services you hire, you’ll have access to advanced materials, facilities, and software. Affiliate software will bring new opportunities and resources to your business that you may not even know exists or that you simply never had access to.
These are just a few reasons to consider third-party merchants to help your business. If you’re interested in affiliate software and other services, please contact us at TavaHatz today. We are here to help your business reach its full potential.
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Master Direct Selling With Helpful Software Solutions 22 Jan 2024 10:47 AM (last year)
You’ve decided to dive into the world of direct selling but are feeling overwhelmed trying to keep track of your customers, inventory, and sales. The good news is there are great software solutions made specifically for direct sellers like you! These tools can organize your business and make success more attainable. Here are three types of direct selling software to utilize as you pursue this exciting endeavor.
Customer Relationship Management (CRM) Software
Finding and retaining customers is critical in direct selling, so a CRM platform should be your first software investment. A quality CRM organizes all your customer interactions in one place for reference. It tracks contact details, data like birthdays and preferences, and your communication history. CRMs save you ample time locating information. They also have features to automate marketing messages, so you stay connected with customers. Investing in direct selling software like a CRM early on will organize your client base and facilitate stronger, lasting relationships.
Inventory and Order Management Software
With any retail business, you need to know the state of your stock and orders at all times. Inventory/order management direct selling software gives you real-time visibility and tools to simplify order fulfillment. You’ll create product catalogs that feed instant updates on availability as inventory depletes. Automation can track and trigger restocking or automatically fulfill orders with the click of a button. This direct selling software also provides sales metrics and order history reporting to inform your operations. Utilizing these systems means less time manually tracking products and orders and more time selling.
Business Analytics Software
As your direct selling business expands, comprehensive analytics and reporting become essential. Business analytics software tracks all metrics across products, customers, sales reps, and channels. You gain insights into customer behaviors and purchasing trends you’d never uncover manually. These systems quickly produce visual reports and dashboards covering any business question you have. The data can reveal successes to repeat or deficiencies to address. Business analytics direct selling software empowers you to spot patterns early and continuously refine strategies to boost revenues.
According to Gitnux, the U.S. generated 42.67 billion dollars from direct selling in 2021. Due to this high number, many people are looking to enter the direct selling business. If you’re one of these people, having the right software can make all the difference. The three options above can be helpful, but finding direct selling software that offers all of these features can really help your business to thrive. Reach out to us at TavaHatz today to learn more about the types of software we offer.
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