Auto Update: Cost & Stock Management
Do you want to avoid losing sales due to out-of-stock or overpriced products? If your answer is yes, then you need to check out the new feature of Ali Orders: Cost & Stock Management.
What is Cost & Stock Management?
With this feature, you can monitor and update the cost and stock of your products in real-time. Ali Orders syncs the cost and stock of your products with AliExpress every 24 hours, so you always have the latest information.
How to set up Cost & Stock Management?
To enable Cost & Stock synchronization, you need to go to the Product List and click on the "Auto Update" option. You can also choose whether to update the product and variant in Shopify based on the stock and price changes from AliExpress.
By using the Auto Update, you can enjoy the following benefits:
When the product is out of stock, variant is out of stock, or supplier price increases, you will receive a notification when any of these events happen, so you can take action accordingly. You can also view and manage the notifications in the app dashboard.
In order to receive notifications, you’d first need to turn on the auto update feature for each product.
Ali Orders will automatically update the inventory information of your products in-app but also in your online e-commerce store. This way, the data will be similar to the stock available from your AliExpress supplier. You also have the possibility to render a product automatically unavailable in your store if it’s out of stock on AliExpress and update your new price product based on the Pricing rule. This way, you can avoid selling out-of-stock products or losing money due to price changes.
When the product is either out of stock or no longer available on AliExpress, you can set for it to automatically set as draft on your Shopify store. Also, If a variant is out of stock and not available, you can set for the corresponding variant of your Shopify product to automatically set the quantity to zero.
Another thing you could set is the price. Whenever the suppliers increase their prices to a certain percentage of your choosing, you can set for your Shopify products to automatically update the prices based on the Pricing rules. Learn more about Pricing rules here.
By using this feature, you can save time and money, boost your sales, and increase your profits. This is a game-changer for your dropshipping business. Don't miss this opportunity to take your business to the next level. Try it now and see the difference for yourself!
If you have any further concerns, please contact us via the live chat or email us via firstname.lastname@example.org
Updated on: 03/08/2023