Reporting best practices for analysing your business

Monday March 30, 2020 | Posted at 5:24 pm | By Paul Dicken
March 30, 2020 @ 5:24 pm

If you’re in a category that’s seeing a big spike in growth fuelled by coronavirus, and your supply chain is solid, then that’s great for you and your staff. If, on the other hand, you have more time on your hands than usual, this might be a good time for doing some research and forward planning. But you can’t do that unless you’re basing the work on solid, accurate data.

Earlier this month, Tamebay hosted a webinar called ‘Automate to Accumulate – How to Scale Your Business’. The guest interviewee was our own CEO Sandy Scott. The beginning of March was a much different place in the western world, but the webinar contains many best practice recommendations that may be more important than ever to implement when we emerge from our collective cocoons. Many of these recommendations were about the kind of reporting that will help you optimise your business in the current environment, such as on pricing, best sellers, best suppliers, your actual margins, and so on.

You can replay the webinar at your leisure here. You can also download a pdf copy of the slides here. The webinar runs for a little over 40 minutes, including questions at the end.

In the webinar, Sandy covers a range of topics:

  • The importance of understanding unit economics and what unit costs most sellers miss
  • How integrating data feeds can enable and sustain growth
  • Best practices for day-to-day operations – from listing to customer service to fulfilment
  • Using automation, integration, and customisation to build unique competitive advantage
  • How to choose a platform that can grow with you to avoid re-platforming in the near future

We hope that if you’ve the chance to replay the webinar it gives you a good list of things you can consider implementing when things return to the old normal, or at least a more palatable version of the new normal.

Now is always a good time to discuss your ecommerce business. You can get in touch here.

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