Multichannel Retail Software
Best Multichannel Retail Software include:
Webgility, TCS OmniStore, SureDone and Flxpoint.
All Products
(1-25 of 165)
Explore recently added products
Learn More About Multichannel Retail Software
What is Multichannel Retail Software?
Multichannel Retail is a strategy employed by businesses of all sizes to sell products across multiple channels. In addition to traditional in-person sales, e-commerce, social media, marketplaces, telephone, or even mail orders are other possible channels. Sales can be made directly, or indirectly via a third-party retailer.
Multichannel Retail Software allows businesses to target a broader range of customers. Some consumers may only shop on one particular channel. Others may shop on several different channels. By engaging in Multichannel Retail, businesses can increase their customer base and revenue streams. Sellers who want to adopt this sales model can choose from a wide variety of software designed to integrate different sales channels.
Multichannel Retail Software tracks orders and product listings across all sales channels, sending automatic notifications when a product needs to be shipped. Inventory data updates are also automated as orders are sent out. Analytics tools provide data on which channels, products, and orders provide the most revenue and profits, as well as other metrics like Cost of Goods Sold. Some Multichannel Retail Software may also include digital marketing tools to help automate or optimize cross-channel ad campaigns, product feeds, and marketplace strategy.
Multichannel Retail Software Features
Multichannel Retail Software may typically include the following features:
- Dashboard
- Unification of sales and product data in one central hub
- Inventory and catalog optimization
- Price optimization
- Shipping software
- Business intelligence
- Automated order processing
- Analytics tools
- Multichannel communication
- Accounting tools
- Digital marketing management
- Product feed management
Multichannel Retail Software Comparison
When choosing which Multichannel Retail software to purchase, buyers should consider the following key factors:
- Usability: How steep is the learning curve? Is the dashboard user-friendly? How much training is needed to learn how to operate the software, take advantage of the various features, and implement the integrations you need with third-party software?
- Features: Multichannel Retail Software features should all include order, shipping, and inventory management tools. Financial accounting and analytics tools are also common, providing an overview and comparative analysis of results across multiple channels. Some may offer digital marketing management tools for social media, marketplace, and SEM advertising campaigns. Which features are already in place and which are needed? Would having a Multichannel Retail Software solution improve workflow management and make it easier for sales and marketing teams to see the big picture?
- Integration capacity: Does the software have integrations with the marketplaces, shopping carts, social media shops, or eCommerce platforms used by your business? Does it integrate with third-party software that manages orders, shipping, and inventory?
Pricing Information
Prices are typically linked to the number of orders that are processed. This means that the total price tag can add up to hundreds or even thousands of dollars for high-volume enterprise clients. Prices for small businesses can be as low as $29 to $250 per month for premium accounts, up to 10,000 orders per month. Free versions of some software tools are available, while others offer a free trial period.
Related Categories
Frequently Asked Questions
What does Multichannel Retail Software do?
What are the benefits of using Multichannel Retail Software?
What are the best Multichannel Retail products?
Some of the best Multichannel Retail products include: Sellbrite, ChannelAdvisor, Webgility, Linnworks, and SellerCloud