Why Prevent Customers From Buying Out of Stock Items in WordPress?
Overselling out of stock items in an online store can lead to significant issues such as customer disappointment, order fulfillment complications, and damage to brand reputation. By improving inventory management, you can ensure better customer satisfaction, reduce refunds, and enhance the credibility of your store. Here’s how to prevent overselling out of stock items using popular WordPress e-commerce plugins.
Prevent Overselling Out of Stock Items in WooCommerce
- Enable Stock Management
- Go to WooCommerce » Settings » Products » Inventory.
- Check the ‘Enable stock management’ option.
- Configure Notifications
- Check ‘Enable low stock notifications’ and ‘Enable out of stock notifications’.
- Add the email address for receiving notifications in the ‘Notification recipient(s)’ field.
- Set the ‘Low stock threshold’ and ‘Out of stock threshold’.
- Hide Out of Stock Items
- Check the ‘Hide out of stock items from the catalog’ option.
- Stock Display Format
- Choose your preferred stock display option from the ‘Stock display format’ dropdown.
- Set Stock Quantity for Individual Products
- Go to Products » All Products.
- Edit a product and navigate to the ‘Inventory’ tab in the ‘Product Data’ section.
- Check the ‘Stock management’ box.
- Add the product quantity and set ‘Allow backorders?’ to ‘Do not allow’.
- Save Changes
- Click the ‘Update’ button to save your settings.
Prevent Overselling Out of Stock Items in Easy Digital Downloads
- Install Purchase Limit Extension
- Install and activate Easy Digital Downloads.
- Activate the Purchase Limit extension.
- Set Purchase Limits for Products
- Go to Downloads » All Downloads and edit a product.
- In the ‘Download Details’ section, set the ‘Purchase Limit’.
- Configure Purchase Limits for Multiple Pricing Options
- If applicable, set different purchase limits for various price options.
- Default Purchase Limit
- Go to Downloads » Settings » Misc » File Downloads.
- Set a default limit under the ‘File Download Limit’ option.
- Save Changes
- Click ‘Save Changes’ to store your settings.
Prevent Overselling Out of Stock Items in WP Simple Pay
- Activate WP Simple Pay
- Install and activate the WP Simple Pay plugin.
- Complete the setup wizard and connect your Stripe account.
- Create a Payment Form
- Go to WP Simple Pay » Add New and select a template.
- Configure your form settings, including pricing options and payment methods.
- Set Purchase Restrictions
- Go to the ‘Purchase Restrictions’ tab.
- Check ‘Hide the payment form after a set number of payments’ and set the limit.
- Configure Payment Page
- Go to the ‘Payment Page’ tab, enable the payment page, and customize it.
- Save Changes
- Click ‘Publish’ to store your settings.
Bonus! Inventory Management Tips for Your Online Store
- Regularly Count Physical Inventory: Ensure accurate records by regularly counting your inventory.
- Categorize Products: Classify products based on popularity, value, and lead time.
- Analyze Sales Trends: Use tools like MonsterInsights to analyze past sales data and predict future demand.
- Monitor Industry Trends: Stay updated on industry trends and competitor activities to adjust your inventory levels accordingly.
By implementing these methods and tips, you can effectively prevent overselling out of stock items in your WordPress online store, enhancing customer satisfaction and maintaining your brand’s reputation.