LIVESTREAM SALES WITH EPICOR ERP

Livestream sales are now considered a playground not only for retailers but also an opportunity for large businesses. Because the number of people participating in a livestream is quite large, the revenue can reach hundreds of billions. “About 95% of online shoppers made purchases from livestreams during the first 3 months of 2024. The average time a person spends watching livestreams is up to 13 hourss per week” according to NIQ’s report.

How to increase sales with technology solutions

Through livestream sales, customers can see the professionalism and trustworthiness of a business. Therefore, investing in advanced technology is one of the ways to help organizations operate more quickly and professionally. Epcior ERP is designed to optimize time for operations so businesses can focus on business strategies.

Livestream sales with Epicor ERP, businesses will get:

1. Inventory management

– Track inventory in real time, helping businesses know the remaining quantity of products to promptly produce to meet customer needs.
– When livestreaming sales with Epicor ERP, the solution will automatically update inventory when there are new orders or when products are sold during livestreams.

Illustrating images. Source: epicor.com

2. Sales management

– Support order management from the time the customer orders until delivery, including order confirmation, payment processing, and order status updates.
integrate with payment and shipping platforms to automate the delivery process.
– Epicor ERP helps businesses closely control platforms and provide reports on sales activities.
Support storing and managing customer information and purchase history, thereby offering promotions based on customer data.

3. Planning ang scheduling.

– When livestreaming sales with Epicor ERP, businesses can plan appropriate production, ensuring products are produced at the right time and in the required quantity.
– Thanks to the information collected, the solution supports businesses in demand planning to come up with production strategies suitable for target customers.

Illustrating images. Source: epicor.com

4. Financial management and accounting

– Integrate systems to support customers in managing income and expenditure, automating taxes, managing budgets, assets, and credit.
– Financial reporting tools help management levels easily monitor and plan other business development events.

5. Product management

– Manage product information, including descriptions, images, prices, and promotions, making it easy to present products during livestreams.
Integrate with marketing tools to optimize promotional strategies to attract customers.
– Manage the product life cycle well so that businesses have an overview for their next business plans.

3S Software Co., Ltd.

To successfully upgrade a business, businesses need an experienced and trusted partner. 3S will be a partner accompanying businesses on their path of development, helping businesses become more comprehensive and increase productivity at lower costs. Along with compliance with the Epicor Signature Project Implementation Methodology, it will help businesses increase production efficiency and improve profits at a very reasonable cost. 3S believes that it will always bring the most satisfaction to customers.