Why Accurate Data Entry Matters in Your eCommerce StoreWhy Accurate Data Entry Matters in Your eCommerce StoreWhy Accurate Data Entry Matters in Your eCommerce StoreWhy Accurate Data Entry Matters in Your eCommerce Store
  • Inbound Calling
    • 24 7 Answering Service
    • Virtual Receptionist Service
    • Phone Answering Service
    • Customer Support Outsourcing
    • Outsourced Technical Support
    • Omnichannel Contact Center
    • Multilingual Call Center Services
  • Outbound Calling
    • Telemarketing Services
    • Lead Generation Services
    • Appointment Setting Services
    • Cold Calling Services
    • Outsource Telesales
    • Market Research Services
    • Survey Processing Services
  • BPO Services
    • Accounts Receivable Services
    • Accounts Payable Services
    • Back Office Services
    • Call Center Outsourcing Services
    • Certificate Intelligent Document Processing
    • Community Moderation Services
    • Data Management Services
    • Debt Collection Services
    • Loan Processing Call Center
    • Outsource Form Processing Services
    • Recruitment Process Outsourcing
    • Staff Leasing Services
    • Virtual Assistant Services
  • Industry
    • Healthcare BPO Support Services
    • Legal Outsourcing Services
    • BPO Real Estate Services
    • Insurance BPO Services
    • Retail Outsourcing Services
    • eCommerce Outsourcing Service
    • Mobile App Customer Support
    • HR Outsourcing Services
    • 3D Rendering Services
    • Travel Outsourcing Services
    • Telecom BPO Services
    • Education Process Outsourcing
    • eServices Call Center
  • Content Hub
    • Blog
    • Resources
  • About Us
    • Facilities
    • Sample Recordings
    • Message From The CEO
    • Management Team
  • Contact Us
  • #1 SME Call Center Services and BPO Outsourcing Provider in the Philippines
    • Board of Directors
    • Company Overview
    • 24/7 Reservations Call Center
    • Accounting and Finance Operations
    • Applied Engineering
    • Computer Aided Drafting Service (CAD)
  • About Us
    • Application Sent
    • Blog
    • BPO Solutions
    • Accounts Payable Processing
✕
benefits of data entry
The Benefits of Data Entry in Your Small Business
data management benefits
Data Management Benefits Your Small Business Needs

Why Accurate Data Entry Matters in Your eCommerce Store

accurate data entry

accurate data entry

 

Data entry outsourcing has become a necessary component in streamlining sales and marketing databases. No doubt many online retailers have made it a top priority. However, errors in data entry are inevitable in any business operation. In fact, even the most well-prepared online retailers can fall prey to bad or inaccurate data. 

Errors in data entry are too costly to ignore. According to the Gartner research firm, the average cost of poor data quality on businesses can range between $9.7 million and $14.2 million annually. Moreover, it does not only impact financial resources. It can also damage businesses’ efficiency, productivity, and credibility.

If you are running a small online retail business, you have yet to understand the importance of accurate data entry. Not until a tremendous amount of inaccurate entries wreak havoc on your brand and customer base. 

 

Key Challenges that eCommerce Stores Face

Data inaccuracy is a real problem to overcome. If you are stranger to keeping your data entry work accurate, then you may come across these challenges:

 

Price-driven competition

Accurate customer data plays a significant role in the competitive market. Because if you deal with poor customer data, you won’t have a deeper insight into your target audience. It should be noted that understanding your customer is crucial in delivering relevant products. Without it, your online business might get left behind in a price-driven competition. 

 

Product launch challenges

When you launch your online product incorrectly, you may lose many potential customers. Thus, creating product pages for your new products should not be made on a whim. You need to incorporate accurate data. This includes precise specifications, clear images, and comprehensive descriptions. These efforts may help your customers to feel your products physically. At the same time, guide them towards buying that product. 

 

Limited access to technology

Many budding online retailers would use manual data entry in handling complex information. Although less complicated, it has a wide range of shortcomings. One of those is its higher error rate. This is because most data input errors are much likely attributed to manual data entry. For this reason, many big companies such as Nokia and Kodak had shifted to automated data entry. This is to reduce the chances of errors in data entry processes.

 

Inaccurate product information

When your customers receive inaccurate product information, it may impact your business reputation as well as your customer trust. To steer away from providing misleading information, make your product offerings searchable and improve your website’s visual components with appropriate product images.

The above challenges may come as a surprise and may blow up your hard-earned marketing efforts. However, you can counteract these challenges if you are equipped with a knowledge of data entry best practices. 

 

Why It’s Important to Have Accurate Data Entry

The eCommerce landscape has been generating astounding growth over the years. This is due to accurate data management that paved the way for streamlined product information processes. To further emphasize the importance of accurate data entry, we listed below some areas of your business that are capable of yielding good results if it is tied with accurate data:

 

Customer Experience 

It is a fact that customers appreciate an online store with accurate data. When your products are accurately described, categorized, and stocked, it helps customers to have a hassle-free way of locating their desired products. They become more confident about their buying decision and more inclined to avail of up-sells and related items they come across. 

Customers tend to gravitate towards online stores with presentable product information. For this reason, it’s crucial to enhance your customer experience by making your site look professional. You can do this with the help of accurate data entry. 

 

Business Productivity

Time-bound and accurate data entry has a huge benefit in your business productivity. Some of the  common data entry errors are time-consuming. If left uncorrected, it can result in lost profits, lost business, and even lawsuits. 

With accuracy in data entry, the job of your employees can get much easier. There’s no need to waste on time finding and fixing data errors. It helps you save money that would otherwise be spent on ineffective decisions. This will also enable your work environment to focus on more important tasks of your business. 

 

Business Functions 

Your eCommerce business consists of several business processes. These include restocking, sales, marketing, customer support, and shipping. Each one of these operations generates its unique stream of data. Thus, it is important to ensure that you conduct each operation in a best-organized manner. 

Accurate data entry can help in providing you with insights into your business operations. When you have an accurate data set of your operations, it’s easy to track and compare their performances. It helps you identify some areas of improvement in your business. This will also enable you to better optimize your eCommerce functions and deliver promising results.

 

Marketing Strategies

If you want to generate more revenue opportunities, your eCommerce store must leverage the advantage of up-selling and cross-selling tactics. To execute this, you need to track your customer’s purchasing behavior and past interactions. In this pursuit, accurate data profiling of customers can help you develop smarter and specifically targeted marketing strategies. By doing this, you will have a better insight into your competitive advantage and produce more effective marketing strategies.

Furthermore, high-quality customer data allows you to market to the right audience, which reduces both time and cost. In return, sending the right message to the right audience means improving your marketing and increasing sales. Because of this, you can better meet the needs of your customers and keep them engaged with your brand.

 

Decision-making

eCommerce has always been in a constant state of flux. To keep up with the ever-changing landscape of it, you must leverage on accurate data entry to make more informed and powerful data-driven business decisions. This is because data-driven decision making leads to commercial growth, evolution, and an increased bottom line.

Moreover, many business leaders today depend on accurate data. Because it helps them in making plans for the future. With accurate data at their disposal, it’s easy to prepare for any looming business challenges. Also, it’s easy to make the necessary changes in their operation for the future. Moreover, it provides confidence in delivering solutions to prevent efficiency losses.

 

Aid in Online reputation

It is important to note that data accuracy should be observed across your eCommerce store. Otherwise, it could result in higher costs and even potential risks. 

As mentioned earlier, inaccurate entered data can impact your online reputation. In fact, entering the wrong order of a customer, for example, could result in dissatisfaction and loss of money too. Thus, to ensure that such inaccuracies do not happen, it is best to keep your data updated and accurate.

 

Data Security Compliance

As an owner of an eCommerce store, you must keep all your stored information accurate, safe, secure, and lawful. Whether it is customer details, loyalty schemes, transactions, or data collection, it must be protected from phishing scams and identity theft. Hence, you need to adhere to the Data Protection Act to maintain data accuracy. 

Also, a breach of data protection can be costly. Also, concerned parties in some cases can pursue compensation against your business. To save your business from paying expensive fines, ensure accurate data entry, and housekeeping in your eCommerce business.

Why outsource data entry in 2022?

Outsourcing data entry in the Philippines has been around for quite some time. As it is often advantageous for businesses to do at an affordable price. Here are the reasons why you should do data entry outsourcing in 2022:

1. Keeps your database organized

When you partner with a reliable BPO company, you can be sure that your database is always organized and up-to-date. It also ensures that the staff will only focus on data entry tasks and nothing else. Making sure they are only focused on the task at hand and delivering quality results.

2. Employ data entry specialists

BPO company in the Philippines has a diverse roster of employees, often are data entry specialists. Here you can get outsourced staff with the necessary language skills, typing speed, computer skills, detail-oriented, and interpersonal skills. This makes sure you only get qualified professionals to accomplish.

3. Quality assurance is on par with industry standards

BPO Philippines keep up with the industry standard that is why it is a top outsourcing destination. Quality assurance plays an integral part in such a reputation. A reliable QA team will peer-review your data and thus correction is made as early as possible. This further minimizes the risks of data entry errors and keeps the accuracy of your database.

4. Faster turnaround time

A dedicated team of outsourced data entry specialists allows you to finish tasks at a much shorter time without sacrificing quality.

5. Enables risk-sharing

Outsourcing data entry also enable your business to transfer some risks to your BPO partner. That will make them create risk mitigation countermeasures with regards to your data security and use of infrastructure.

 

Ensuring Accurate Data Entry with Magellan Solutions

Maintaining the highest data accuracy is of the utmost importance in any eCommerce business. However, there are numerous challenges in ensuring data accuracy. This is true among small retailers with a limited workforce. A few staff can’t handle a huge chunk of data daily. When this happens, it’s time to think of ways to improve the accuracy of your data.

Outsourcing your data entry functions could be the best way of improving your overall data quality. In this set-up, data entry professionals can guarantee precision in your data. They have software tools like automated error reports to work for you. They also have new data safety protocols and accuracy standards to protect all information in your business. And lastly, they are always open to answer your queries 24/7!

Magellan Solutions has been in the BPO industry for almost 14 years. With our extensive experience in providing back-office support to many small businesses, we can guarantee you exceptional data entry services at a reasonable price. We also offer eBay and Amazon virtual assistance to help you with your eCommerce store. 

Do you want to expand your eCommerce store? Fill out the form below to get a free consultation. 

TALK TO US!

Contact us today for more information.

    You can also contact our numbers:

    Toll Free:1 800 371 6224
    US:+1 650 204 3191

    UK:+44 8082 803 175,
    AU:+61 1800 247 724

    Share this:

    • Click to share on Twitter (Opens in new window)
    • Click to share on Facebook (Opens in new window)
    • Click to share on LinkedIn (Opens in new window)
    • Click to share on Skype (Opens in new window)
    • Click to share on WhatsApp (Opens in new window)
    Magellan Solutions
    Magellan Solutions

    Related posts

    November 6, 2022

    Reduce Risk and Expense with HR BPO


    Read more - Reduce Risk and Expense with HR BPO
    3D modeling techniques
    November 5, 2022

    Advanced 3D Modeling Techniques: A Quick Overview


    Read more - Advanced 3D Modeling Techniques: A Quick Overview
    Find A Home For Your Telemarketing Services in the philippines
    October 4, 2022

    Find A Home For Your Telemarketing Services In The Philippines


    Read more - Find A Home For Your Telemarketing Services In The Philippines
    Why Live Chat Will ive Your Online Holiday Shopping Business an Edge banner
    September 11, 2022

    Why Live Chat Will Give Your Online Holiday Shopping Business an Edge


    Read more - Why Live Chat Will Give Your Online Holiday Shopping Business an Edge
    AI Content Moderation vs. Human Content Moderation banner
    August 19, 2022

    AI Content Moderation vs. Human Content Moderation


    Read more - AI Content Moderation vs. Human Content Moderation
    blog banner for Should You Or Should You Not Outsource Data Management Services?
    August 11, 2022

    Why You Need to Outsource Data Management Services


    Read more - Why You Need to Outsource Data Management Services

    Magellan Solutions Outsourcing, Inc

    California – USA (West Coast)
    100 Old Country Road Suite H, Brisbane, CA 94005, United States

    Florida – USA (East Coast)
    1900 South Harbor City Blvd, (East Coast Division) Suite 300 Box 48, Melbourne, FL 32901

    Philippines – APAC
    PB Mezzanine Floor, Summit One Tower 530 Shaw Boulevard, Mandaluyong City,
    Metro Manila 1552

    Philippines – APAC
    8th flr, Centris Cyberpod 5
    ETON Loop A, Diliman,
    Quezon City,
    Metro Manila 1103

     

    US: +1 650 204 3191
    UK: +44 8082 803 175
    AU: +61 1800 247 724
    hello@magellan-solutions.com

    INDUSTRIES


    Outsourcing for Legal Process BPO

    Outsourcing for HR Services BPO

    Outsourcing for eCommerce BPO

    Outsourcing for Real Estate BPO

    Outsourcing for 3D Service BPO

    Outsourcing for Mobile App BPO

    Outsourcing for Healthcare BPO

    Outsourcing for eServices BPO

    Outsourcing for Education BPO

    Outsourcing for Insurance BPO

    Outsourcing for Telecom BPO

    Outsourcing for Retail BPO

    Outsourcing for Travel BPO

    CALL CENTER OUTSOURCING & BPO SERVICES


    24 7 Answering Service

    Omnichannel Contact Center

    Customer Support Outsourcing

    Multilingual Call Center Services

    Lead Generation Services

    Cold Calling Services

    Interactive Voice Response System

    Staff Leasing

    Back Office Services

    Community Moderation Services

    Virtual Assistant Services

    QUICK LINKS

    About Us
    Sample Call Recordings
    News & Blog
    Resources
    Our BPO & Call Center Facilities
    Message from the CEO
    Privacy Policy

    ASSOCIATIONS

    Black and white Supplier Clearinghouse CPUC Certification Logo
    black and white philcall logo
    black and white Philippine Australia Business Council logo
    Black and white IBPAPlogo
    Black and white CCAP logo

    We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
    .
    SettingsI ACCEPT
    Privacy & Cookies Policy

    Privacy Overview

    This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
    Necessary
    Always Enabled
    Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
    Functional
    Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
    Performance
    Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
    Analytics
    Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
    CookieDurationDescription
    _ga2 yearsThe _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors.
    _ga_EL2X6L0QDM2 yearsThis cookie is installed by Google Analytics.
    _gat_gtag_UA_6034499_11 minuteSet by Google to distinguish users.
    _gcl_au3 monthsProvided by Google Tag Manager to experiment advertisement efficiency of websites using their services.
    _gid1 dayInstalled by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously.
    Advertisement
    Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
    CookieDurationDescription
    test_cookie15 minutesThe test_cookie is set by doubleclick.net and is used to determine if the user's browser supports cookies.
    Others
    Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
    SAVE & ACCEPT
    Powered by CookieYes Logo