The Advantages of SaaS
If you’re currently an InventoryLab subscriber, then you probably know that we’re a SaaS company. If you’re not familiar with this term, SaaS (Software as a Service) is a business model that provides centrally hosted, licensed software on a subscription basis. It is also sometimes referred to as “software on demand”.
InventoryLab provides software for Amazon sellers. They can use it to research products, list and manage their inventory, track their expenses, and analyze their profitability. We also provide a scouting app to help source profitable inventory on mobile devices.
Whether you’re already a subscriber or considering using InventoryLab (or any other SaaS product) for the first time, you may be wondering: how do I benefit?
One of the biggest advantages to using SaaS for your business is that it’s cost effective. There are typically no up-front costs such as licensing fees, and it’s based on a monthly or annual subscription. When upgrades or new features are introduced it requires no additional software on your end, saving you money in the long term as well.
SaaS Does the Heavy Lifting
Using SaaS means if there are any technical issues or glitches, it’s the host’s responsibility to resolve them. And since cloud-based applications deploy faster, the service is more efficient than in-house applications.
But You Still Maintain Control
Even though the host controls what features and functionalities exist on the user interface, customers can still change their settings based on their specific needs. SaaS products are created to be customizable and user friendly so that the vast majority of subscribers are able to navigate the product with relative ease.
Why Use InventoryLab?
IL prides itself on two things: the features we offer subscribers and our second-to-none customer support. We offer users a wide range of unique solutions, from our marquee application Stratify to our upgraded mobile app Scoutify 2. We’ve also recently added some exciting new features, such as Ideal Buy, Rank Thresholds, and visual profitability. It’s easier than ever to see your estimated profitability or compare profits between fulfillment channels at a glance.
InventoryLab also makes it easy to switch from FBA (Fulfillment by Amazon) selling to MFN (Merchant Fulfilled Network). This is especially important for the thousands of sellers who find themselves in this position due to the COVID-19 pandemic.
We also happen to have (in our opinion) the best Customer Champions anywhere! Our knowledgeable team will answer your questions and resolve any issues quickly and personably to ensure that your experience is always top notch.
So now you know some of the advantages of using a SaaS product. If you aren’t currently using InventoryLab but are interested in how it works, sign up here for your FREE 30-day trial to get started!