NetSuite ERP integration with your eBay store brings in various benefits for front and back store operations. The complete integration of eBay web store with NetSuite brings in substantial administrative savings, along with higher efficiency, increased productivity, and increased conversion rates. The Saabs-based NetSuite ERP integration automates various processes and functions of the webstore, thus bringing in much greater efficiencies as compared to manual operations.
NetSuite integration for eBay webstores is particularly great for ecommerce stores having multiple/complex supply chain operations. The NetSuite ERP brings in various modules including financial management, sales, marketing, CRM, and other tools to enable faster and streamline operations for various business functions. With the full NetSuite-eBay integration, webstores can exploit following benefits;
- Easy movement of data between different business functions (for instance, the data from an order will be moved swiftly towards merchandising, fulfillment, as well as, accounting functions)
- Real-time updates for inventory levels (get your inventory restocked in time)
- Streamlines order fulfillment (get happy customers)
- Easy to manage store operations
- Create central repository for clients’ data, for personalized marketing campaigns
- Get complete insights of visitor’s activities in real-time (get more chances to generate leads and sales)
- Easy generation of invoices for vendors, and customers
- Multiple payment options for customers (this directly leads to more conversions)
- Transparent business processes to build customers’ trust and increase customers’ satisfaction levels
Research Confirms the Value of ERP integration
Customers, especially B2B customers are looking for integrated ecommerce stores that can offer them transparent, optimized, and expedited user experience for their ordering requirement. According to research, over 40% of B2B buyers prefer to deal with stores with backend integration for multiple business functions including accounting, sales, finance, and order management systems.
NetSuite and ecommerce integration Benefits
By integrating NetSuite ERP with eBay stores, online store owners get the tools they need to take access insights into the customers’ shopping preferences. Also, the integration enables store owners to leverage on marketing tools to deliver a personalized experience to customers.
Some of the benefits of NetSuite integration with eBay stores includes;
Impact on Marketing and Sales
Today, the success and failure of online businesses depends on the customization of marketing campaigns. The modern-day marketing campaigns are fundamentally designed based on the data and insights they are able to squeeze from customers. With NetSuite ERP integration, it becomes easy for eBay webstore owners to get access to real-time statistics and data from customers. The powerful data-analytics functionalities of the platform enable business leaders to get insights into the store performance, as well as, know customer preferences. This in turn, empowers them to come-up with personalized marketing campaigns, tailored specifically to customers’ preferences. With NetSuite Integration, it’s possible for businesses to store, and analyze massive volumes of data for marketing campaigns and improve their conversion rates.
Impact on Operations
Apart from positive impacts on marketing campaigns, NetSuite-eBay integration also brings in various benefits for stores’ operations. In reality, the operations team is the “engine” of any online store; responsible to manage all crucial functions. The operations team needs to manage the inventory stocks, shipment, and fulfilment functions, all the while making sure there are no errors or discrepancies in the operations.
With NetSuite ERP’s powerful automation features, it becomes possible for businesses to streamline their daily operations in netsuite bigcommerce stores as well. The robust functionalities of the ERP system enable operations’ team to effectively manage their routine tasks, only with higher efficiency and greater accuracy. The ERP platform will deliver real-time data to the operations team, thereby, enabling them to ensure no discrepancies take place, which may cost the store hefty penalties or loss of reputation.
Impact on Finance and Accounting
Finally, the NetSuite Integration with eBay webstore also benefits the finance and accounting function of the business. The integration streamlines the financial management of the store, ensuring that business leaders have the real numbers at their disposal.
With real-time access to the numbers, as well as in-depth analysis, business leaders are in a better position to identify high performance products/services, while also identifying low performance areas. This gives them the competitive advantage to optimize the strategy and ensure their profit-margins remain strong. The NetSuite-eBay integration particularly comes of great benefits for stores with multi-channel strategy, where ecommerce businesses are able to access all incoming orders and payments. This makes it much easier for the stores to manage accounts payment and receivables.