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Dec 22, 2024 12:00AM

Stockouts can devastate sales and rankings. Ensure sufficient inventory during high-traffic periods by forecasting demand, setting replenishment alerts, prioritizing top products, and diversifying suppliers. Proper planning maximizes sales opportunities.

Snehil Shreya | Link to post

๐Ÿšจ ๐——๐—ผ๐—ปโ€™๐˜ ๐—Ÿ๐—ฒ๐˜ ๐—ฆ๐˜๐—ผ๐—ฐ๐—ธ๐—ผ๐˜‚๐˜๐˜€ ๐—ฆ๐˜๐—ฒ๐—ฎ๐—น ๐—ฌ๐—ผ๐˜‚๐—ฟ ๐—ฆ๐—ฎ๐—น๐—ฒ๐˜€!
One of our client faced a major challenge during the Cyber Monday sale as their best selling product went out of stock. As a result, their sales dropped by 8% & conversion went down by 13%.
๐Ÿ‘‰ If you want to fully benefit from the massive sale traffic, having enough stock is non negotiable. Here's why:

โ–ช๏ธ OOS products hurt your Overall performance as shoppers may have clicks earlier and add them in cart, but with no inventory, now they will not able to buy.
โ–ช๏ธ It impacts your organic ranking, making it harder to recover post sale.

๐Ÿ“ฆ ๐—ฃ๐—น๐—ฎ๐—ป ๐—ฌ๐—ผ๐˜‚๐—ฟ ๐—œ๐—ป๐˜ƒ๐—ฒ๐—ป๐˜๐—ผ๐—ฟ๐˜† ๐—Ÿ๐—ถ๐—ธ๐—ฒ ๐—ฎ ๐—ฃ๐—ฟ๐—ผ
Advanced inventory planning is crucial to ensure you donโ€™t miss out on opportunities during high traffic periods. Hereโ€™s how you can plan ahead:

1๏ธโƒฃ ๐—™๐—ผ๐—ฟ๐—ฒ๐—ฐ๐—ฎ๐˜€๐˜ ๐——๐—ฒ๐—บ๐—ฎ๐—ป๐—ฑ- Analyse historical data, seasonality and past sales spikes to anticipate how much inventory youโ€™ll need.

2๏ธโƒฃ ๐—ฆ๐—ฒ๐˜ ๐—ฅ๐—ฒ๐—ฝ๐—น๐—ฒ๐—ป๐—ถ๐˜€๐—ต๐—บ๐—ฒ๐—ป๐˜ ๐—”๐—น๐—ฒ๐—ฟ๐˜๐˜€- Replenishment Alerts help you manage inventory in Amazonโ€™s fulfillment centers without constant monitoring. You can set a threshold for individual or product groups and Amazon will notify you via email when stock reaches that limit.

3๏ธโƒฃ ๐—ฃ๐—ฟ๐—ถ๐—ผ๐—ฟ๐—ถ๐˜๐—ถ๐˜€๐—ฒ ๐—›๐—ถ๐—ด๐—ต ๐—ฃ๐—ฒ๐—ฟ๐—ณ๐—ผ๐—ฟ๐—บ๐—ถ๐—ป๐—ด ๐—ฃ๐—ฟ๐—ผ๐—ฑ๐˜‚๐—ฐ๐˜๐˜€- Focus on stocking your best selling products first. Make sure these are sufficiently stocked as they contribute most to your sales.

4๏ธโƒฃ ๐——๐—ถ๐˜ƒ๐—ฒ๐—ฟ๐˜€๐—ถ๐—ณ๐˜† ๐—ฆ๐˜‚๐—ฝ๐—ฝ๐—น๐˜† ๐—–๐—ต๐—ฎ๐—ถ๐—ป- Have multiple suppliers to avoid delays from any one vendor. Diversification ensures youโ€™re not dependent on a single source for your inventory.

Proper inventory planning isnโ€™t just about keeping your products available itโ€™s about maximising every sale opportunity and ensuring your ads perform at their best. Do let me know how you manage your inventory.

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