The Challenge of Too Much Success
It might seem counterintuitive, but having too much business can actually pose a risk to a growing company. This was a lesson learned by Bradley and Richard Arkell, founders of Dollar Hobbyz, a leading seller of remote control (RC) vehicles and parts. As RC enthusiasts, they turned their passion into a thriving online business, but rapid growth soon led to challenges that stretched their inventory management processes.
A Growing Problem in Inventory Management
With skyrocketing sales, Dollar Hobbyz expanded to multiple marketplaces, including Best Buy, Amazon, and eBay. But as sales grew, so did the complexity of managing inventory. Keeping products fully stocked and processing orders on the same day was becoming more difficult. Manually updating prices and inventory across multiple sales channels was time-consuming and prone to errors.
The lack of real-time synchronization between platforms led to double-selling and out-of-stock issues, which threatened customer satisfaction. The Arkell brothers knew they needed an automated inventory management software solution to keep up with the business’s growth.
Automating with SellerActive’s Inventory Management Software
After thorough research, Dollar Hobbyz implemented SellerActive’s inventory management software to automate their pricing, inventory control, and order management. This multichannel inventory management software streamlined their operations, synchronizing product listings across all platforms in real time and eliminating the manual, error-prone processes.
The results were transformative:
- Revenue increased by 68% within a year.
- Order volume doubled.
- Operating costs dropped by 75%.
According to Bradley Arkell:
“Without SellerActive’s ability to scale our business, there’d really be no way for us to continue because we’d be so overwhelmed with orders, pricing, and inventory. Without SellerActive, we would crumble.”
Scale Your Business with SellerActive’s Inventory Management Software
Dollar Hobbyz’s experience demonstrates the critical role of automation in growing an online business. If manual processes are holding your company back, SellerActive's multichannel inventory management software can help you streamline your inventory processes, sync data across multiple channels, and scale your business effortlessly.