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Ecomdash: A Quick Look

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What Is Ecomdash?

Founded by Kevin Loomis and Laura Bell Greeno in 2013, Ecomdashis a multichannel inventory management software solution geared towards small and mid-sized sellers. It provides users a unified platform from which they can easily manage inventory, product listings, sales orders, shipping and fulfillment. Known for their dedication to supporting the growth of small businesses, Ecomdash has processed over $3 billion in sales orders and currently manages over 35 million SKUs.

Let’s Talk Features

Inventory Management Software

• Track and sync inventory quantities in near-real time across all warehouses and sales channels

• Unique and convenient product SKU mapping system

• Set custom alerts for low inventory levels that work with set inventory reorder rules at product or warehouse level

• Multiple warehouse management

• Tracking of manufactured/hand-made items

• Management of complicated inventory items such as bundles and multipacks

Order Management Software

• Sales order management across an unlimited number of sales channels

• Streamlined accounting

• Order fulfillment workflow automation

• FBA integration

• Order fulfillment across multiple warehouses

• Dropshipping automation

Dropshipping Automation Software

• Multiple supplier management

• Product data syncing – list products to multiple sales channels and product quantity updates

• Product tracking via SKU mapping

• Dropship order fulfillment automation

• Automated shipment tracking updates

Amazon FBA Management Software (Multi Channel Fulfillment)

• Inbound shipment tracking

• Multichannel order routing

• Multiple warehouse management

Multichannel Listing Tool

• Fast account setup

• Centralized platform to manage listings across all sales channels

• Bulk upload and editing functionality (up to 250 listings at a time)

• Data entry automation via creation of listing templates

Shipping Management Software

• Centralized platform to manage shipping

• Multiple carrier management (FedEx, UPS, DHL and USPS via Endicia, Pitney Bowes and Stamps.com)

• Time-efficient workflow automation

• In-house and outsourced fulfillment location management

• Shipping discounts via Pitney Bowes and Stamps.com

Purchase Order Software

• Intuitive restock forecast report facilitates smart inventory planning

• Shipment tracking

• Streamlined accounting

• Easy Purchase Order Creation

• Product quantity sync when orders are received

• Average Landed Cost tracking

Sales Reporting System

• Over 40 business health reports (Inventory Valuation, Inventory Forecasts, Sales and Revenue, Profitability, etc.) to help monitor sales trends, optimize inventory planning and simplify taxes

Open Ecommerce API

• Build integrations to more marketplaces

• Easy supply chain management

• Build your own ecommerce solution through Ecomdash’s developer portal and accelerate time to market

What We Love about It – The Pros

Ecomdash Pricing

This is where Ecomdash sets itself apart from its competitors. Currently, there is no other software solution with this level of functionality available at this price point, which makes it ideal for smaller multichannel sellers. Ecomdash utilizes an order volume-based pricing structure and its plans range from $60/month (for less than 100 orders) to $350/month (for up to 10K orders, above this amount, users will need a custom account). Ecomdash is very affordable, and its well-thought-out pricing structure actually helps subscribers save money over time as it scales according to your budget and business needs.

We also love that an unlimited number of users can use the software, and all the features are available in all plan tiers. Ecomdash offers a free 15-day trial period, but take note that if you decide to get Ecomdash, there is a $99 onboarding assistance fee.

Its Excellent Feature Set

It’s just amazing how broad the feature set of Ecomdash is. Loaded with features such as inventory, order and shipping management tools, automation bots, analytics, and an extensive integrations library, it really provides everything you need to run multiple storefronts easily and efficiently. Powered by its award-winning inventory management software, Ecomdash can address virtually every operational demand a multichannel retail business has through its powerful inventory monitoring, order management, and shipping administration capabilities. Feature-wise, it’s almost on par with enterprise-focused software solutions like Stitch Labs and Skubana. Trust us, its feature set is that impressive.

Its Extensive Integrations Library

Like most leading platforms, Ecomdash seamlessly integrates with a large number of accounting apps (Xero and Quickbooks), shipping and fulfillment services (DHL, UPS, FedEx, etc.), shopping carts and third-party marketplaces (Shopify, WooCommerce, Magento, Amazon, eBay, Walmart, Etsy, etc.). Check out their full integrations library here. However, Ecomdash’s integrations library has some noteworthy features which make it exceptional:

• It supports accounting apps Quickbooks and Xero, unlike Skubana which doesn’t provide in-house accounting connectors.

• It integrates with SPS commerce, giving users instant access to a massive network of Electronic Data Interchange (EDI) connections and more than 90K retail entities without having to configure or update anything.

• It integrates with dropshipping providers like Hicks and the Wholesale House. This is ideal for sellers who wish to expand their product line to reach more customers.

• It supports smaller ecommerce platforms and site builders like Sitey and Sitebuilder.com.

What We’re Not Crazy About – The Cons

The Clunky Interface

Sorry Ecomdash, but we feel the interface needs some improvement. It’s outdated, a bit disorganized, and not mobile-friendly at all. Also the software has a high learning curve and it takes some time to get accustomed to the workflows and organization of the input fields.

On the upside, Ecomdash does a great job of providing help and support to new users. They provide an extensive knowledgebase full of informative training tools – a resources library, webinars and regular demos, as well as excellent customer support via phone, email or live chat (Take note that customer support is only available during business hours- 8:00 am to 7:30 pm EST). Also, Ecomdash offers reasonably-priced training programs facilitated by dedicated coaches that cover onboarding support, dropshipping, and backend operations management. To a certain degree, the excellent help and support from Ecomdash offsets the software’s high learning curve.

Reports of Spotty Website Performance

We’ve heard some grumblings about Ecomdash’s website performance. Some users have complained of slow loading times during peak hours and significant lags (particularly in the shipping GUI) which can hamper productivity and be a cause of frustration. Also, there have been complaints about system bugs, and how it takes Ecomdash quite some time in resolving them. The good news is that Ecomdash seems to be on top of this user concern and implemented changes recently to improve website performance.

The Mobile App

Ecomdash offers a mobile app for Android and iOS users, but it only functions as a barcode scanner. That’s pretty much it.

Our Final Take: Should You Get Ecomdash?

Please read before proceeding:

We participate in affiliate programs to fund Seller Spaceship. Some of the links you will find in our articles are affiliate links, which means that if you purchase a product using our link, we will earn a small commision. This does not, however, come with any additional cost to you, and we guarantee that our reviews will never be based on whether we will earn a commision off a product or not. We stand by our mission to provide objective and informative reviews. That being said, if you do find our product/service review helpful and decide to purchase a product or service we review, we would really appreciate it if you use our links to do so. It will really help the Seller Spaceship team a lot in providing you with awesome content that can hopefully help your business!

If you are a multichannel seller that deals with high volumes (more than 10,000 sales orders monthly), the answer is NO. You should be looking at a more advanced enterprise platform like Stitch Labs. If you want to learn more about Stitch Labs, read our full review here.

However, if you are a small multichannel seller on a budget looking to simplify your ecommerce and inventory management operations, YES. Ecomdash is the inventory and order management solution for you.

Ecomdash is an equalizer, as it provides the level of functionality often reserved for more costly enterprise platforms like Skubana at a price smaller merchants can afford. Aside from being affordable, it is also a scalable solution as it gives you the freedom to choose a plan tier that suits the present needs of your business, and the option to upgrade as your business grows.

As discussed in the previous section, Ecomdash’s broad and powerful feature set allows you to effectively streamline the key processes of your business from a single, centralized platform. It makes managing multiple storefronts faster and so much easier. This enables you to refocus time and energy to reinforcing other aspects of your business such as growing sales and increasing customer satisfaction.

To sum up, Ecomdash is perfect for small businesses looking to improve efficiency, boost productivity, and increase profits.

If you’d like to see if Ecomdash is the cost-efficient inventory, order and shipping management solution you are looking for, sign up for a 15-day trial. Get a feel of how its features work to understand how it can potentially help your business grow.

Is there anything you love about Ecomdash that we weren’t able to mention in the article? Is there a feature that has really helped your business that you’d like to share? Do you have more questions about this awesome Amazon inventory management tool? Post a comment and join in on the discussion. We’d love to hear from you!

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Brightpearl Review: An All-In-One Multi Channel Retail Management Solution With ERP Functionality

Word Count: 3,510

Estimated Reading Time: 11.7 minutes

If you sell on Amazon, eBay, Walmart or other ecommerce platforms, monitoring your product stock levels is very important. At all times, you have to know which products are in-stock, out-of-stock, understocked, and overstocked.

Why, you might ask?

If you don’t stay on top of your inventory stock levels, you might have products which are understocked or already out-of-stock. If not addressed immediately, your supply chains will be disrupted and this will have serious repercussions on your business. Customers will not get their orders on time, or you’ll sell more items than you have in stock (overselling) and have fulfillment issues. Either way, this will not only possibly lead to lost revenue, but also damage the relationship you worked so hard to establish with your valued customers and suppliers, possibly to the point of beyond repair. On the other hand, failure to monitor stock levels might also lead to overstocking and you’ll end up having dead stock taking up valuable storage space, costing you a lot of money and severely hurting your business’ profitability.

Fixing these damages can be quite costly, and in this situation, the old adage “prevention is better than the cure” most certainly rings true. To prevent this from happening to your business, you must implement sound inventory management.

What Is Ecommerce/Amazon Inventory Management?

In a nutshell, inventory management is ensuring that supply chains run like clockwork. It involves tracking, measuring, and monitoring inventory quantities across all of your locations (warehouses, fulfillment centers and sales channels), managing product stock levels, interpreting logistics and analytics (purchasing trends, seasonal trends, customer demand, etc.) to formulate inventory management strategies, and integrating inventory management data into your business’ financials.

What Are The Benefits of Efficient Inventory Management?

Implementing a sound inventory management system for your business carries a lot of benefits. Some of them are:

High Inventory Visibility

• Improved predictability – understand your business cycle and inventory demands better

• Know where every piece of inventory is

• Know when it’s the right time to restock – eliminate risk of stock run-outs and overselling

• Know how much inventory you need to have on hand – significantly reduce risk of overstocking, eliminate dead stock/wasted inventory

• Improved cash flow – significantly reduced inventory risks, savings on storage fees, smart restocking

• Easily maintain inventory records (sales, costs, expenses, etc.) for accounting purposes

Increased Efficiency and Productivity

• A more organized warehouse for faster order fulfillment

• Easier tracking of inventory and supply chain movement

• Streamlined warehouse workflows saves time and money

Enhanced Customer Experience to Cultivate a Bigger Client Base

• Consistently and quickly meet customer demand

• Easily set-up reorder capabilities for your VIP customers

• Build strong relationships with customers to keep them coming back for more

Make Strategic Decisions Much Faster

Implementing an effective inventory management strategy to reap these benefits though, is not an easy task, and may require you to invest in an Ecommerce/ Amazon Inventory Management Software solution.

What Is Ecommerce/Amazon Inventory Management Software?

Inventory management software is basically a suite of tools that enable users to automate and streamline virtually all aspects of managing their inventory across all locations. While specializations and capabilities may vary, most cloud-based inventory management software systems usually come with these standard features:

• Centralized Inventory Management

• Real-Time Inventory Data Sync

• Barcoding and Tagging

• Analytics and Reporting Tools

• Accounting Integration

• Supply Chain Automation

• 3rd Party App Integrations

What Are The Benefits of Using Inventory Management Software?

Using inventory management software has a lot of benefits. Some of them are:

Automation

Eliminates tedious, time-consuming tasks such as manual data entry or complex calculations. Saves you time, reduces labor costs and frees up your employees for more important work.

Lower Operational Costs

Improved accuracy and efficiency lead to lower operational costs. Spend on damage control due to inaccurate inventory data goes down. Effective implementation of just-in-time inventory (having just enough stock to cover short-term demand) made possible leading to more accurate inventory orders and lowered storage costs. Leverage of automation also lowers the number of employees needed to maintain operations.

Business Intelligence

Build data assets and leverage to improve the performance of your business. Monitor and analyze key performance metrics, fine-tune processes and workflows to improve conversion and drive more sales.

Improve Customer Service

Increase order fulfillment accuracy, fulfill orders faster, and be able to provide real-time order updates to raise customer appreciation.

The 8 Best Amazon Inventory Management Software for Sellers in 2021

If you’re an Amazon seller or a multichannel retailer looking for inventory management software, this quick guide will help you a lot.

The Seller Spaceship team has spent a lot of time researching the best inventory management software options and the information you will see on this quick guide and the in-depth reviews we did on each software option are accurate and up-to-date.

The 8 Best Amazon Inventory Management Software for Sellers in 2021: A Quick Look

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Top Picks for the Best Amazon Inventory Management Software for Sellers in 2021

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Founded by Ryan Stephens in 2013, InventoryLab is an innovative and highly versatile Amazon inventory management software solution that’s highly trusted in the FBA seller community. It streamlines vital processes such as managing inventory, listing products, researching and sourcing products for inventory, accounting, and comprehensive business reporting.

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Founded by Brian Nolan and a group of highly experienced online sellers in 2013, Sellbrite is a cloud-based multichannel inventory management software solution that integrates with the biggest and most popular marketplaces and shopping carts such as Amazon, BigCommerce, eBay, Etsy, Shopify and Walmart. It enables its users to effectively streamline their sales processes by providing tools and automation that simplify product listing and management, sync inventory levels across different sales platforms, and optimize order fulfillment. Sellbrite consistently gets excellent review ratings from its user base, of which 90% would recommend it to friends and colleagues.

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Co-founded by Jayneel Patel and Niraj Patel in 2012, Orderhive is a cloud-based, multichannel inventory and order management software solution that streamlines the process of selling on marketplaces such as Amazon, eBay, Etsy, Shopify and many more. It provides its users with a centralized platform from which they can facilitate inventory control, track orders across multiple sales channels, manage sales and purchase orders, and handle shipping and order fulfillment.

Regarded as one of the top ecommerce inventory management software systems in the market today, Orderhive has received the following awards and recognitions:

2017 – “Purchase Order Reviewers’ Choice Award” from Software Advice2018 – “Rising Star Award” and ‘Great User Experience Award” from FinancesOnline2019 – “Fastest Growing Software”, “Most Popular Software” & “Most Searched Software” from SaaSworthy2020 – “Best Support” from Software Suggest

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Founded by Franz Jordan and Josef Vataman in 2014, Sellics is a suite of inventory management, marketing and analytics tools that can optimize key performance metrics to drive sales and increase market shares on Amazon. Sellics’ all-in-one software platform enables users to analyze profits, optimize product listings, and manage their inventory, Pay-per-Click (PPC) campaigns and reviews. Regarded as one of the leading Amazon retail analytics software solutions in the market today, Sellics reports that its users see a 1.6x ROI for their Amazon PPC campaigns and a 42% increase in revenue (on average after 3 months). It currently has 4,000 users, and a customer satisfaction rate of 93%.

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Founded by Brandon Levey, Jake Gasaway and Michelle Laham in 2011, Stitch Labs is a leading cloud-based multichannel inventory management software solution for high-growth brands and retailers. Stitch was designed to answer all the operational demands of a multichannel retail business by providing automation, centralized inventory management, and in-depth analytics. Currently one of the fastest growing inventory and order management platforms in the market today, Stitch Labs processes 26 million orders and generates $4.5 billion in merchant transactional revenue per year.

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Founded by Kevin Loomis and Laura Bell Greeno in 2013, Ecomdash is a multichannel inventory management software solution geared towards small and mid-sized sellers. It provides users a unified platform from which they can easily manage inventory, product listings, sales orders, shipping and fulfillment. Known for their dedication to supporting the growth of small businesses, Ecomdash has processed over $3 billion in sales orders, and currently manages over 35 million SKUs.

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Founded by Andrew Mulvenna and Chris Tanner in 2007, Brightpearl is a multichannel retail management system software geared towards high growth brands,retailers and wholesalers. Brightpearl functions as a unified platform from which multichannel sellers can automate and streamline the vital processes of their retail operations such as inventory and sales order management, shipping and fulfillment, retail accounting and many more. Regarded as one of the leading merchant services providers today, Brightpearl currently provides its services to more than 1.4K business owners, and has processed over $2.5 billion in merchant sales.

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Founded by Philip Jepsen in 2014, ManageByStats is a suite of integrated Amazon selling tools which primarily delivers powerful performance analytics that enable Amazon sellers to make quick and intelligent data-driven decisions to increase their bottom line. This comprehensive FBA toolkit is a multi-faceted software solution, and also has the capability to automate and streamline tasks related to Amazon inventory management, customer relationship management, listing optimization, marketplace and product research, financial reporting, PPC Campaigns management and many more. Considered to be one of the leading providers of Amazon Seller solutions today, ManageByStats currently has over 5K active users, and has managed over 245 million transactions that have generated over $3 billion in revenue.

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How Do I Choose The Best Inventory Management Software For My Business?

A good inventory management software system should fit your business like a glove, so before you dive in and start spending money, it’s best that you take some time and ask yourself some quick questions to narrow down your options so that you can find the best system for your business.

What phase of growth is my business in?

The software system you pick must be suitable for the size of your business. If you are a small seller and you decide to go with an enterprise solution, the price tag will destroy you and the complex features of the software will probably be of very little use to you. On the other hand, if you’re a big company and decide to go with a platform designed for smaller sellers, your business will immediately outgrow the system and you’ll end up wasting time finding another solution that will address your needs, migrating your business data, and undergoing the onboarding and learning process.

What are the needs of my business?

Obviously, the right software solution should be able to completely address the most immediate needs of your business. As mentioned in the previous section, while inventory management software solutions may share common features, specializations and capabilities may vary greatly. Make sure that the features and capabilities of the software system you choose aligns with your business needs that you want to focus on.

Is the software platform a scalable solution?

As your business grows, its needs change. Is the software equipped to handle the evolving needs of your business? Does it have plan tiers with more advanced solutions and features or will you need to look for another platform once you hit a particular level of growth?

Can I afford it?

Sure, you think you’re ready for an inventory management system, but does your wallet agree? These solutions require a serious financial commitment and you might want to check your financial resources before taking the plunge.

We hope this quick guide helped you in your search for an Ecommerce/Amazon inventory management software solution, and if there’s something you’d like to add to the discussion, post a comment below!

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Inventory Lab Review 2021: Why InventoryLab Is Still Our Favorite Amazon Inventory Management Software Solution

In a previous post, we released the 5 Best Amazon Repricing Tools and Software of 2021. In the post, we rated Informed.co as the best option in our experience. In this post, we want to share with you the exact strategies and settings we have set inside of Informed.co to maximize buy-box wins and sales. It took us a while to dial in the right settings to maximize the output for the Online Arbitrage business model, so we hope it helps you maximize your sales too!

Why Use Informed.co as an Amazon Repricer?

Prices on most Amazon product listings fluctuate freely based on supply and demand. The buy-boxes are constantly changing to satisfy (and sometimes annoy) competition, trends, and seasons in the market.

Ultimately, the free marketplace creates a great opportunity for sellers who can take advantage of the price movements and use it to help facilitate fast moving inventory with high profit margins and cash flow.

Since roughly 90+% of all purchases in Amazon occur in the buy box, It’s vital to focus on activities that will allow you to win the buy box more often. There are a few factors that determine buy box ownership, such as seller rating, whether or not the product is FBA or MF, the algorithm sharing cycle, and mostly importantly—the price of a seller’s offer.

As your business grows and your SKU count increases, you will start to see how impractical and time-consuming it is to manually keep your prices competitive and buy-box eligible. Even if you’re using Amazon’s free repricer, it seems to have massive delays in actually keeping your price competitive upon changes in the market.

Fortunately, Informed.co is an incredible repricing software that will help you win your buy-boxes consistently to increase sales velocity and cash flow.

The benefits of using Informed.co (formerly AppEagle) Repricing Strategy to Win Buy-Boxes on Amazon

Using an intelligent, automated repricing software like Informed.co carries many benefits:

• It helps you save time – It frees you up from manually repricing your listings, so the time saved can be reinvested in the development and reinforcement of other aspects of your FBA business.

• It increases your bottom line – An effective repricing solution helps you raise your prices when it detects competitor stock running out, allowing you to sell for more profit.

• It enables better management of costs – Repricing solutions like informed.co enable you to set a minimum sale price for your product which in turn allows you to factor in all of the costs incurred in selling the item. That way you will never sell an item at a loss.

• It allows you to select who you compete with – If you utilize the built in competition settings, you can avoid certain sellers that you wish not to engage in price-wars with, including MF sellers, low-rated sellers, sellers with inventory on the way but not in stock, and even Amazon themselves.

• It allows you to win the buy box more often.

• It minimizes the probability of human error.

• It helps you plan for the future – Repricing software enables you to collate and analyze valuable data that you can utilize to bring your business to the next level of success. The data you can extrapolate from the software can fill in system gaps, identify and exploit profit opportunities and establish business systems to expand your business.

Get a FREE 14-Day Trial of Informed.co

Since 2015 we have been using Informed.co to maximize buy-box wins and sales. It’s worth its weight in gold. For a brief period in 2016, we opted for one of the less expensive repricing options to try and be thrifty, and ended up regretting the move. Informed.co reprices on a continual basis instantly, whereas some other less expensive options are not nearly as instant or effective. This makes a huge difference to the amount of buy boxes you own, so we switched back and saw an immediate increase in sales volume.

Informed.co has been directly responsible for $100k+ dollars in sales per month combined across our teams, and if you have more SKU’s than you can stand to monitor manually, it will more than pay for itself. Try it out for free, because it’s 100% worth it.

Free 14-Day Trial and Setup Instructions: www.informed.co

After signing up for the service, you can head to their support center for information regarding setting up your account, connecting your amazon store, importing your products, and the basics of using their system.

That information can be found here.

How to Create a Winning Strategy with Informed.co Amazon Repricer Tool

Once your account is set up and your products are ready to be managed by this amazon repricing tool, you will need to create a “strategy” and tell the system how you want it to work.

After months of tinkering with the different options in the software, we have dialed everything necessary into one main strategy that maximizes our ability to control buy boxes and maximize cash flow. Only one team member has to monitor minimum and maximum price fluctuations every few days to keep it optimal.

You can download the free strategy guide and settings that we use for Informed.co below.

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Estimating, Projecting, and Achieving Sales Goals for Your Amazon FBA Business