Challenges by ecommerce store owners faced in inventory management is that unfulfilled orders and upset customers. This occurs due to the gap between demand and supply of the products.
1. Challenges for ecommerce store owners
Online sales have increased when compared with the retail sales and it is
expected to increase more in the upcoming days. Technology innovations
have insisted ecommerce players to change the strategies used by them.
Launching an online store for a retail business has become easy nowadays.
But with the changing trends, the E-commerce store owners are about to
face certain challenges in the following:-
When you follow drop shipping then the product quality and unforeseen
expenses are the challenges faced. To be precise, drop shipping is a
process in which a product is directly shipped from manufacturer to the
customers directly. In this, there are possibilities for fake products as you
didn't check the products that are delivered. This method may have
multiple unforeseen expenses as the drop shippers may delay in the
shipping process for charging you more.
Normal shipping which means reselling products from other manufacturers
also includes certain challenges in which you have the responsibility to
deliver the products safely. The products may get damaged during the
transporting process due to improper packaging. Whether it is domestic
shipping or international shipping, the products have to package carefully
to prevent loss.
2. Challenges by ecommerce store owners faced in inventory management is
that unfulfilled orders and upset customers. This occurs due to the gap
between demand and supply of the products. Consumer fraud is another
challenge where customers report the transaction as fraudulent after the
delivery is completed. Even if you do business online, you have to pay
certain taxes to avoid consequences.
You can manage and overcome these challenges if you invest your time,
money & effort in your ecommerce business.