Getting your work done as a modern business requires the combined use of many apps. You may have a CRM app to manage communications with your clients, an e-mail marketing tool to automate your mailing lists, an inventory management system to streamline your supply chain operations and order fulfillment, and an accounting platform to track…
Author: Marketing Team Member
Why Customers Leave: Megaventory’s Study on Churn
The main ambition for most – if not all companies – is to reach more people and grow their client base. In the mind of many, it’s simple mathematics. More customers means more revenue. Seems reasonable, right? Well, not exactly. According to various studies, it is actually more profitable and cost-effective to retain and satisfy…
8 Easy Cyber Monday Tips for Your Business (2022)
The holiday season is quickly approaching and Cyber Monday is just around the corner. On Cyber Monday in 2021, U.S. consumers spent nearly $10.7 billion according to Adobe Analytics. Experts are saying that won’t be any records in 2022 and eCommerce spending is even expected to go down for the first time in years. So,…
How to invoice services in Megaventory
This post was originally published in 2017 and has been updated in 2021. Do you have a business that offers services along with their physical products? Then you need to know how to invoice services. Especially in the B2B market, most companies require an invoice before they place a payment, making it rather crucial for…
From Physical Retail To Ecommerce: Integrating Great Online Tactics
Editor’s note: This post was orginally published in October 2017 and was updated in June 2022 for accuracy and comprehensiveness This is a guest post by guest contributor Mitch Pazanski. Shopping at traditional brick-and-mortar stores might be a lot of fun. Shopping online though can be far more convenient. When we’re slumped on the sofa…
New feature: Romanian language in Megaventory
We’re once again excited to announce that we’ve upgraded our language package with a new language: Romanian! You can find the live version either from the gear icon in your Megaventory account or here. Both the application itself, which offers the possibility of running a business, as well as the website containing detailed information about…
How to sell and purchase on consignment with Megaventory
Selling on consignment is a useful arrangement that allows a supplier and usually a retailer to create a “win-win” situation, where they both share part of the risk of holding inventory. Consignment occurs when the consignor (the supplier) sends goods to a consignee (the retailer). The Retailer then later sells them to their clients….
New Feature: Batch & Multi-Level Production Order Actions
This article was originally published in 2017 and has been updated in 2021. Production orders are an essential communications part of manufacturing businesses. They inform your operations team that certain products are needed and give the green light to production. Megaventory production orders, though, are so versatile that they can also be used by…
New Feature: Invoicing And Inventory For Multiple Companies Under A Single Account
Control how your team accesses different invoices when using your online inventory management system. Designed by Freepik If you are already using Megaventory (or even if you just have a business with more than one employees), you may be by now familiar with the need to restrict users to specific processes and modules within the software….
How to Boost Sales by Fostering Client Loyalty and Trust
Editor’s Note: This blog post was originally published in June 2017 and has been completely revamped and updated in April 2023 for better understanding and comprehensiveness. As an online e-commerce business owner, you always need to increase sales. You also need to know how to build customer trust and loyalty to increase your credibility with…