- Promotions Management
- Product Configurator
- Order Management
- Multi-store Management
- Customer Accounts
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Soko is the ultimate solution for merchants and businesses that want to start selling their products anywhere. Create a fully customizable, modern, and secure digital catalogue of products to generate orders in a fraction of a second. Soko is free ... Read More
Promotions Management is a means of attaining the goals of a marketing campaign by the well-coordinated employment of several promotional strategies that are designed to reinforce one another. Promotions can take place in various settings, including business, marketing, and careers. Companies and small enterprises frequently use product promotions to attract new clients. A product's marketing is intended to draw attention to a new brand or a specific item. Promotion management determines how much attention each aspect of the promotional mix should receive and what percentage of the budget should be allotted to each piece.
A product configurator is software that manufacturers use to create their products. This tool depicts the product regulations that must be completed with user input. Before sending an order to production, this step must be performed. Product configuration, at its most basic level, is an interactive process in which the user selects a feature, which is then checked using a configuration rules engine before allowing the user to choose the remaining parts on their product. However, the apparent simplicity of this method conceals the intricacy of the rules employed to drive the product configurator's design and validation.
The process of keeping track of clients' orders and managing the actions required in completing them is known as order management. Accepting the order, picking, packing, and shipping the things indicated in the order, and lastly tracking them until they are delivered are all part of the process. After a customer places an order and pays for it, the order management procedure begins. The order information is sent to the inventory department of the store, where warehouse staff handles the picking, packing, and shipping. The process concludes with the store contacting the consumer to see if they were satisfied with their purchase.
Inter-store transfers are made simple with a multi-store management system. Low inventory levels may result from moving merchandise from one location to another or allowing managers to split inventory between a filled store and an additional area while waiting for a new order from suppliers. Using a POS system to connect chain stores successfully optimizes inventory management and new revenue streams. Multi-store management necessitates juggling the demands of numerous activities, each of which is often distinct in some way. If you don't apply the proper method, achieve the particular commercial benefits that good multi-store management should provide.
A Customer Account is a single, centralized location where you can manage all of your customers' billing information, including company and contact information, payment terms, and preferred payment methods. Customer accounts are used to keep track of all the essential details regarding the organizations and consumers you're billing, such as subscriptions and amendments, invoices, payments, and adjustments. Customer accounts can help you promote repeat purchases and develop a stronger relationship with your website users. Visitors can create accounts on your site with this option enabled, securely saving payment methods, delivery addresses, shopping carts, and online order information. Consumer accounts can also be merged into a single report that shows which consumers are past due and by how much.
Catalog management is a procedure that allows brand suppliers to supply high-quality product data in a buyer's preferred format across an entire catalog of SKUs. To sell effectively, your sales teams, retailers, and other distributor partners need the most up-to-date product information, price, and digital assets for every product you offer. However, keeping up with the demands of so many stakeholders can be difficult. With a modern approach to catalog management user can handle the complexity of changing requirements at the speed of a business reclaim control of sales enablement for your whole product catalog. Online catalogs can be designed and edited with the help of a catalog management system.
An organization creates and controls marketing and sales processes, people, policies, and platforms to offer goods and services indirectly through partner firms through channel management, which includes resource allocation. These operations aim to maximize revenue while keeping costs as low as feasible. The main goal of channel management software is to boost productivity by managing a group of channel partners. This entails better enabling, training, and engaging partners to generate more revenue at a reduced cost. Businesses must set clear goals for each channel when developing their channel management solutions. A medium is how you want to offer your goods or services to your target audience.
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Soko is the ultimate solution for merchants and businesses that want to start selling their products anywhere. Create a fully customizable, modern, and secure digital catalogue of products to generate orders in a fraction of a second. Soko is free forever. Create your free account once and keep it running for as long as you please. Customers can access your catalog online and you can easily accept payments and orders. Add promotions and discounts to your catalog with a user-friendly and intuitive interface to maximize your customer
Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].
Researched by Rajat Gupta