Monday, October 5, 2020

Benefits of Using Opencart Stock notification Extension



Purpletree Opencart stock notification extension is a very useful extension to receive the notification to customers to out of stock product, obviously it enhances trust, customer base, sales, other marketing outcomes, we are discussing some hidden passive superb benefits of using the Stock Notification extension.

Reduces sales Gap

When a client gets immediate notification of in-stock products, the client can purchase it as soon as, this reduces a gap in sales, as without this extension client might not be get information product is available, he may change purchase preferences.

Helps in keeping Appropriate Inventory

It helps e-commerce admin in keeping a balanced quantity of inventory, as he gets to know figures which product goes low stock frequently and clients coming them regularly for purchases, those products go less in low stock, owner can reduce their inventory.

Advantage Promotions

It is also a superb way of promotion as you are sending customers a very genuine mail, which is also very useful for him, this promotional gesture is highly appreciated and drives you lots of customers.

Increases Recall value and loyal User Base

Recall value of e-commerce marketplaces increases and the customer base also increase; they become familiar that if the product is not in stock they will be informed and good buying relationship forms of trust

Helps in overall planning & Management

Using this extension, the owner can have an idea of customer base, products in demand, customer preferences, etc., so can do planning related to finance, inventory, and Manpower.

As data derived from it is an exact data client ready to purchase immediately.

Deciding Pricing & Profit Margins

Using this extension owner can increase/decrease pricing seeing the demands, profit and discounts can be set based on the information, although information derived is passive in nature but it is very accurate as they were the product client ready to instantly purchase.

Helpful in launching Sales- Flash, Discounted, Combo etc.

In nowadays varied types of sales are the best way to enhance sales, using this extension data, promoters are well aware which product is in trend as automatically those products are in high email alerts they are in demand, so they can formulate sale plan accordingly.

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