Stock and stock management is vital for any business. When you are online merchants, this matter is even more important. The out-of-stock situation can happen due to many reasons, for example, lack of information exchange between records and purchase system, lack of stock level follow-up, and no automatic alert system. The threat of stock-out can have negative effects on business, but there is one simple and ready-made extension to solve that issue: Out of Stock Notification for Magento 2 extension.
Listed below are five proofs to affirm that Out of Stock Notification extension is necessary for any Ecommerce site.
The flow of operation is ensured if inventory is always ready and re-filled in time. Waiting for raw material is time-wasting and inefficient. The interruption of work due to stock-out will cause a delay in delivering product to the customer. Thus, a ready stock is essential for any business to guarantee the smooth of operation.
Quick Delivery for Customer
When the inventory is ready, goods can be delivered to the customer promptly. This will raise customers’ trust in your brand and prove the professional service of your store. After the first purchase, an online shopper tends to revisit the store; however, they will feel discouraged if their desired product runs out of stock.
Raise Customers’ Trust and Loyalty
Customers are very likely to stay loyal to your stores if they get quick delivery and good service after purchase. For any business, getting the new customer is important but turning the one-time visitors into a loyal customer is an even more crucial task.
Magento 2 Out of Stock Notification extension improve the stock alert system by notifying a customer when the product is back in stock. Not only does the purchasing department recognize the stock-out issue quickly, but the customer can also enjoy better and quicker service.
Reduce Inventory Cost
Even if there is no production or stock movement, you still have to pay for the fixed cost, such as warehouse rent, equipment, and labor cost. Magento 2 Out of Stock Notification extension helps business quickly identify the stock-out issue and restock in time. This helps cutting down the idle time and saving inventory cost.
Strengthen Competitive Advantages
The stock alert function certainly boosts the customer shopping experience. It will be your most significant loss to let the potential customer go to your rival just because your store temporarily runs of that product.
Magento 2 Out of Stock Notification extension will immediately send notifying email to the customer when the product is back in stock, so you won’t lose any chance to keep your potential customer in touch.