Documenting and Reporting Sales Through an Online Store
Documenting and reporting sales through an online store is a key aspect of your online business. This involves tracking various e-commerce metrics, and consolidating and visualizing data in a way that gives you insights into the performance of your website and products.
Online stores are websites or mobile apps that enable people to shop for products and services from a variety of sellers. An online store has a digital catalog that buyers can browse, and typically offers a checkout process that includes an electronic payment method. Online stores are also known as e-commerce, e-tailing, Internet shops, e-shops, and web-stores.
Many ecommerce platforms allow you to set up online stores that are tailored for your specific business type and model. For example, you can use a marketplace site to sell your products directly to consumers (B2C), or you can sell through an ecommerce platform that matches you with small businesses or large dealers that want to buy from you (B2B).
You’ll need to configure your sales tax settings in order to collect taxes on orders from customers. This is a critical step because not all countries have the same sales tax policies, so it’s important to ensure you are set up correctly for your market.
Tracking your daily sales volume is a useful retail KPI to look at on a regular basis. It can help you to identify trends in consumer behavior, such as when certain products perform better than others. If you see that your sales volumes are decreasing, it’s a good idea to investigate why this is happening so that you can make improvements.Документиране и отчитане на продажбите чрез онлайн магазин