Newbie entrepreneurs who are planning to set up a new eCommerce store or those who have already set up one are confronted with many challenges. How to design their online shop, manage prices, orders and sales channels, synchronize and maintain inventory levels, set up payment methods and arrange shipping are some of the challenges faced by them.

Using different systems for managing various aspects of eCommerce business increases complexity as they do not communicate with each other and don’t exchange data, leading to errors in data and more time and effort getting spent in entering data again and again in various systems. This consequently affects the functioning of eCommerce stores, reduces their efficiency and hurts their customers’ experience. Also, these solutions cost significantly, which reduces profits and ROI of businesses.

To avoid such undesired outcomes, eCommerce businesses need to adopt a single integrated solution which allows them to manage all the aspects of their business centrally from a single place. Fortunately, such a solution exists which enables these businesses to manage all their business processes easily, quickly and efficiently. The name of this solution is plentymarkets eCommerce ERP system.

Plentymarkets is a cloud-based all-in-one eCommerce ERP solution that combines a comprehensive stock management system with a shop system and multichannel sales. Serving businesses based in European countries, including Germany and the United Kingdom, the United States and other parts of the world, plentymarkets eCommerce ERP helps to automate all the business processes of an eCommerce store. Apart from letting you design your own store, plentymarkets also connects you to prominent markets, payments and logistics service providers as well as legal, store and marketing service providers.

It is now time to share with you various features and usage of the plentymarkets eCommerce ERP system.

1. Marketplaces

Sophisticated multi-channel technology of plentymarkets eCommerce ERP helps businesses connect to multiple marketplaces, including international platforms like Amazon, eBay, Groupon and Etsy, country-specific marketplaces, their own online shop and even their stationary shop. Thus, through different marketplaces, businesses are able to reach out to millions of new and potential customers for selling their products. Plentymarkets lets them automatically exchange data and communicate with their markets. Also, businesses can centrally manage all the sales occurring through all their channels in one place.

This multichannel tool provides benefits to businesses in terms of central inventory, optimized product information and automation of various tasks like product data exchange and notifying customers of their order status through email. It also provides businesses access to language translation and fulfillment service providers.

Ingo, a sports retailer utilizes plentymarkets eCommerce ERP system for reaching its target audience in all key marketplaces. The availability of many languages with plentymarkets helps Ingo get the better of the competition.

2. Online Shop

The plentySHOP feature of the plentymarkets eCommerce ERP software enables users to design and expand their online shop in a simple and quick manner. Intuitive drag and drop editor in the Ceres template lets users without any programming language create their online shop in the desired way.

Through plugins, users can add additional features like blog and feedback to the blog for expanding their sales platform. Also, through plugins, they can add various marketing tools like social sharing, web analytics and customer recovery for increasing their sales and measuring the level of their success.

ShopBooster allows businesses to deliver their pages faster to customers and provide them a faster shopping experience. It also helps businesses generate more traffic, conversions and sales and improve their SEO ranking.

Plentymarkets eCommerce ERP also provides various search engine friendly, interactive, confidence-building, individual and international, diverse, functional and communicative advantages, including talking URLs, live search, product reviews, B2B and B2C, top sellers and social share buttons.

Feuerwerk-onlineshop.de, a seller of pyrotechnics, wedding, birthday and other kinds of fireworks used ShopBooster that helped it reduce its pages’ loading speed and improve their ranking in Google.

FaschingShop24, a costume seller for men; finebuy, an online furniture shop; Zinea, a seller of premium cinema armchairs for home cinema; Footworx, a seller of footwear and casual wear; and Hesselink, a tool shop used plentySHOP for setting up their online shop. 30 Grade Merchandise, a seller of fashionable men and women’s clothing, myfoodful and Feinkontor, an online shop selling tea, tea porcelain, oils, vinegars, fine spirits and other eating-related things used plentySHOP for selling their products.

3. plentyPOS

plentyPOS from plentymarkets eCommerce ERP is a kind of eCommerce cash register that enables businesses to connect the counter of their physical shop with their online trade. It combines both online and offline aspects of a business.

plentyPOS allows businesses to sell their products with a few clicks in their own online shop or various marketplaces and boost their sales. It also enables your customers to order products online and collect them from your brick and mortar store. You can also make online purchases at your POS from any source. Free updates provided by plentyPOS let you keep your system always up to date for legal compliance and functionality.

plentyPOS consists of three components, namely plentymarkets ERP, plentymarkets app and hardware. Order processing, article management and maintenance of customer data are linked in the ERP system. The plentymarkets app helps to connect the plentymarkets system with the hardware and provides the user interface. In terms of hardware, plentyPOS functions on many mobile devices and is compatible with a range of additional hardware for stationary retail.

4. Payment

The plentymarkets eCommerce ERP system integrates all the major and popular payment providers like PayPal, Amazon Pay, Klarna and Skrill and lets sellers easily activate them for their online shop. Plentymarkets eCommerce ERP also enables sellers to keep an overview of their complete payment transactions. Payments and repayments get automatically transferred to plentymarkets eCommerce ERP where they are assigned to the correct orders and their status is accordingly adjusted. This facilitates the immediate shipping of goods after the receipt of payments and avoids unnecessary delays.

Plentymarkets eCommerce ERP is always up to date in terms of payment. It also supports SEPA or Single Euro Payments area. SEPA is a payment-integration initiative undertaken by the European Union. It simplifies those bank transfers which are denominated in euro.

Plentymarkets allows direct debits and transfers to be exported and transmitted in the appropriate SEPA format. Repayments by bank transfer are also allowed. The seller’s bank can query incoming payments at the desired intervals by using the EBICS or Electronic Banking Internet Communication Standard procedure. EBICS is a German transmission protocol. German Banking Industry Committee developed this protocol for sending payment-related information between banks over the internet.

Support for different currencies, partial payment support, support remittances and connection to debt collection service providers are some of the various payment-related facilities provided by plentymarkets eCommerce ERP.

5. Inventory Management

To ship orders correctly, proper inventory management is necessary. For this reason, the plentymarkets eCommerce ERP system provides integrated inventory management, which lets businesses keep an eye on all their goods movements at all times.

Inventory management with plentymarkets supports various warehouses, article variants and the automatic reservation of open orders or listings. Automated inventories and statistics provide businesses a clear overview of all current important figures of their sales channels and sales occurring through these channels. Also, inventory and statistics provide them key evaluations like reasons for returns of their goods and buying behavior of their customers.

The plentymarkets statistics module also enables businesses to meticulously analyze which products are selling optimally through which channel. Also, they can evaluate additional costs like a sales commission from marketplaces or fees to be paid to payment service providers.

Inventory management with plentymarkets ecommerce ERP software also enables businesses to manage their own repeat orders. With its help, they can easily process both simple standard orders and complex orders from producers for detailed inspection. The system also processes partial and overdeliveries from their suppliers.

6. Warehouse Management

Inventory management from plentymarkets eCommerce ERP also includes shipping warehouse management. It allows businesses to manage all their warehouses centrally. Also, they can set up individual shelves and parking spaces per warehouse. Thus, they are able to map their warehouse in detail. Pick lists optimized for the route help businesses save their time in packing and shipping. Also, orders can be processed quite easily by them through various shipping warehouses.

7. Fulfillment

After customers have made payments for their orders on a marketplace or an online shop, the concerned e-commerce business has to get the goods dispatched fast to the customers’ place. Here the role of fulfillment service providers becomes important. They take the business’s products from warehouse shelves, pack them and hand them to shipping companies as well as send an automated email response to the customers.

To enable businesses to ship ordered products fast to their customers, plentymarkets eCommerce ERP system provides them different fulfillment solutions like they shipping goods themselves, a fulfillment service provider taking care of their logistics or they combining both of these options as per their requirements.

By providing eCommerce businesses connections to all relevant fulfillment service providers like DHL Fulfillment, LIMAL and Odc, plentymarkets enables them to ship their goods conveniently and rapidly to their customers. Also, they can map their dispatch through multiple service providers and warehouses and send an order across several warehouses.

With fulfillment services taking care of shipping their goods, e-commerce businesses need not hire employees for performing this task and they can focus more on their core tasks of generating revenue and growing their business.

The plentymarkets eCommerce ERP software automatically performs time-controlled actions on certain events, which helps businesses automate their standard processes, work efficiently and avoid mistakes.

The plentymarkets eCommerce ERP system helps businesses optimize their shipping process. It lets them design their shipping process in a simple manner and less time by avoiding packing errors and delays through route-optimized picking processes and by automatically printing the required shipping documents at the right time.

To help businesses achieve seamless shipping, plentymarkets has fully integrated all the important parcel services. So businesses can receive, print and send all different package labels for shipping goods smoothly to the customers in their own country as well as in international locations.

Integrated fulfillment services through plentymarkets provide businesses various order processing benefits like many filter options, automating sending of email templates and automatic dispatch warehouse allocation. They also provide businesses various logistics and fulfillment related benefits like software-based picking, individual dispatch processing through own work processes, repair depot and tracking support.

8.Automated Processes

The Plentymarkets eCommerce ERP system enables businesses to design processes quickly as per their individual needs. It can be adapted as per their new requirements at any time. Plentymarkets provides businesses an easy-to-use graphic process editor with which they can configure, map and automate their processes.

Flexibility imparted by plentymarkets eCommerce ERP enables businesses to adapt their internal processes fast to new circumstances arising in the world of e-commerce. With its help, they can map processes which can be edited at any time. So the businesses can react fast to changes themselves without making time-consuming software adjustments. Also, they need not wait long for results.

The plentymarkets system enables businesses to carry out their processes optimally, efficiently and in reduced time. It allows businesses to manage their software projects in less costs and time. They can better plan adjustments in their software projects and implement them faster. They can start their software project themselves and schedule its completion realistically.

In view of the number of benefits provided by plentymarkets system, around 3,022 eCommerce businesses globally, including those based in Germany, Switzerland, the United Kingdom and the United States use plentymarkets currently for selling their goods and services. This figure is provided by BuiltWith, a leading web technology information profiler tool.

If you too want to connect your Magento 2 based eCommerce store to plentymarkets eCommerce ERP system for integrating your business processes and running your business smoothly and efficiently, you can easily achieve this with Plentymarkets Data Sync App from Matrid Technologies.