Editor’s Note: This blog post was originally published in January 2018 and has been fully updated and improved in August 2023 to be comprehensive and easily understood. Getting your work done as a modern business requires the combined use of many apps. That’s why your ERP integration is important. You may have a CRM app…
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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
Editor’s Note: This blog post was originally published in October 2017 and has been fully updated and improved in August 2023 to be comprehensive and easily understood. 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…
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
Editor’s Note: This blog post was originally published in September 2017 and has been fully updated and improved in August 2023 to be comprehensive and easily understood. 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…
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…
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…
Choosing the Right Inventory Management Software For Your SMB Business
Choosing the right software for your business is the tool to survive in a highly competitive market. It helps you become more efficient with managing your resources, saves up valuable time, and in the end, it means more sales and revenue. However, finding the right one can be challenging for constantly busy people so let’s…