Swag Store | Why Setting up an Online Store is Beneficial For Your Merchandise Store?
As for merchandise stores, we know that the future of merchandising worldwide is now running online. Statistics from various merchandise-related websites have revealed that as much as 50% or more merchandise sales are now generated online, and by 2020, it would be twice this amount. But how can it benefit you?
Enhanced Business Control
While going to a retail store is still the most popular way to buy custom promotional items, many companies turn to online retailers. Not only do you have access worldwide with an internet connection, but it’s also much more cost-effective than buying in bulk from suppliers. Minimum orders can be expensive and require large initial quantities.
Company stores offer a wide selection of payment options that will make life easier for you. You’ll also eliminate the need to store physical items in your inventory, saving both space and money. And because there’s no minimum order quantity requirement at company stores, it makes ordering from them much more fun.
If you think your budget is tighter than it should be, consider setting up a spending limit for different locations, so you don’t overspend. It will control how much money gets spent on promotional products more accessible and help avoid running out of funds before finishing this project.
Boost Employee Efficiency
If your employees are constantly dealing with things that don’t match their skills, chances are they will not be motivated or driven to produce results for the company. For example, when you have an employee who is very good at designing and making new products but has no idea how shipping works, assigning them a task with no room for error would make more sense.
Furthermore, if you want your employees to feel valued, give them a gift. Handing out corporate gifts is an excellent way to motivate people for their work. Not only will they take pride in the organization, but it has also been shown that when workers are happy with their jobs and workplace environment, productivity increases.
Consistent Branding Scheme
Promotional campaigns will be more successful with an online company store because it is easier to maintain consistency in branding. It can only happen if you can match your logo design, brand colors, and any other graphics with the rest of your marketing materials.
The simplicity of a company portal will save you time and money by giving everything needed in one place. You can also use the color scheme to keep your brand consistent with all promotional products. Thus, customers know what they’re getting from you, no matter where or when.
No Physical Inventory
The efficiency and organization of an online company store will make your promotional products more manageable. You’ll be able to track each order no matter where it’s chipping from, distribute items efficiently without losing any, and keep inventory levels updated at all times. You will never run out or accidentally overstock again - what a relief.
The automated inventory system will save you time, money and boost your productivity at work.
Setting up an online merchandise store allows you to use the power of eCommerce and take your business into new markets. With a well-designed and easy-to-use website, you can potentially reach millions of potential customers and grow your brand in ways that would not be possible with just one physical location.