Develop Ecommerce Website for business growth

It’s good to see Ecommerce web sites success in recent years, however shop keepers sitting quietly in their shops instead of being busy in selling products is certainly not a good scene to watch.

Shop keepers don’t need to panic at this stage, the fact is that online selling share in the organized retail is less than 1%. Indian e-commerce market is still in nascent stage but it has got the huge potential to grow in years to come.

E-Commerce Overview

E-Commerce or Electronics Commerce is a methodology that addresses the need of business organizations, vendors and customers to reduce cost and improve the quality of goods and services while increasing the speed of delivery. E-commerce refers to paperless exchange of business information.

India and Ecommerce

The eCommerce sector has seen unbelievable growth in 2014. The growth was driven by rapid technology powered by devices like smartphones and tablets, and of course access to the internet through broadband, 3G, 4G etc.

Good to see the growth shown by Indian companies like Flipkart, Snapdeal etc and huge interest by investors around these companies indicates the immense potential of the market. Still after so many years of operations, all the major e-retailers are yet to start making profits.

E-commerce is creating an entire new economy having huge potential and is fundamentally changing the way businesses are done. It has advantages for both buyers as well as sellers.

Books, apparel and accessories and electronics are the largest selling products on the online retailing platforms, constituting around 80 per cent of the volume.

India has an internet user base of over 50 million users. The penetration of ecommerce is low compared to markets like the USA, China, Europe, UK but is growing at a much faster rate with a large number of new entrants.

 

Advantages of Ecommerce

• Using E-Commerce, companies can expand their market globally with minimum investment.
• E-commerce improves the brand image of the company.
• E-commerce helps in providing better customer services. E-Commerce helps in simplifying the business processes and make them efficient. E-Commerce reduces paper work.
• 24x7! Customer can do transactions any time, anywhere from any location.
• E-Commerce application provides user more options and quicker delivery of products.
• E-Commerce application provides user more options to compare and select the cheaper and better option.
• A customer can put review comments about a product and can see what others are buying or see the review comments of other customers before making a final buy.
• E-Commerce increases competition among the organizations and as result organizations provides substantial discounts to customers.
• Customers need not to travel to shop a product thus less traffic on road and low air pollution.
• E-Commerce has enabled access to services and products to rural areas as well which are otherwise not available to them.
• E-Commerce helps in serving public for services like health care, education, social services at reduced cost and in improved way. 

The complete article is available here - http://www.kalpaksolutions.com/article_develop_ecommerce_website_for_business_growth.php

Kalpak Solutions has successfully completed 15+ E-commerce Websites so far, most of the recent websites have been developed using WordPress and WooCart. For more details please visit - http://kalpaksolutions.com/ecommerce.php

Implement a neatly designed system of workflows through ERP software

Written by : Sandeep Gohad, Founder – Kalpak Solution

Do you have an easy access to information about your sales, purchases, inventory, production, accounts? Are you using different software for different processes? Is it taking a lot of time to reconcile financials at the end of the year? it's time to implement an Enterprise Resource Planning (ERP) system! 

What is ERP

ERP refers to the software and tools that businesses can use to process and manage information from all departments of the company. It plays an important role in business process management.

To integrate all aspects of business operations into one easy-to-use system, many companies turn to Enterprise Resource Planning (ERP) solutions.

ERP software stores the information in one database, giving businesses a simplified look.ERP software runs on a variety of computer hardware and network configurations, including within premises (client/server) or hosted (cloud-based).

ERP software makes it easier to track the workflow of various departments. It can reduce the operational costs & time. One time entered data can be shared across all the departments. For eg. Data entered in an enquiry register can be used in all the stages like Quotation, Purchase order, Invoicing etc.

In the above mentioned diagram, Company is accepting an enquiry from it’s customer, in an ERP software data stored as enquiry will be used in all the stages like Quotation, PO, GRN, Invoice.

Most of the ERP software covers the following modules - product planning, material purchasing, inventory control, distribution, accounting, marketing, finance and HR.

There are different flavors of ERP that serve various business domains. It’s no more restricted to only manufacturing sector. ERP solutions are specially designed for specific industries, like finance, communications, education, healthcare etc.

Benefits

Key benefits of ERP software

• Scalability : It is possible to add new functionality to the system as per the business needs. This adds a lot of flexibility in the implementation of new changes.
• Data quality and access : - Compared with traditional approaches (manual record entry), an ERP software improves data quality by improving the underlying processes. Data can be accessed from any location (if you are connected with internet), so no geographical restrictions.
• Reporting system : single reporting system to check status of any operation in real-time, across all the departments.
• Enhanced sales, purchases, inventory functionality.
• Production Management tool and reminder systems will make sure that you are always up to date while being with your dealers.
• Alerts for Minimum & Maximum stock will help you to manage inventory properly.
• Creates sales territory to track and segment your sales completely.
• Manage post sales activities.
• Manage user roles to control information flow.
• Easy collection of metrics : number of leads, invoices, payment cycles etc.
• Multi user : Software will be accessible from multiple locations. Multiple users can do the data entry.
• Data Storage : Control the entire factory operations at a single server/place.
• User rights, login, security : – Functionality wise Login and Passwords will be created for the access rights. User logs will be maintained. OTP password, IP based login can be implemented for security.

Implementation

• You need to be patient!
• Set reasonable goals and objectives.
• Test software in all departments.

ERP software solutions can definitely make a business more profitable. It plays an important role of automation of most of the functional business processes.

Kalpak Solutions has successfully developed 20+ ERP software so far.

Please visit Kalpak Solutions ERP page to know more details.