What Are SKUs and Why Do They Matter for Smart Inventory?
Ever wondered what SKUs are and how they can make your business run smoother? In this blog, we’ll dive into why SKUs are essential for keeping your inventory organized and how they can boost your customer experience. We’ll also show you how to add an SKU search to your website to make finding products a breeze for your customers.
4 min read
What Are SKUs and Why Use Them?
Ever stumbled upon that strange word “SKU” or tried to remember what that long number on products is called? Or maybe you're just wondering, “Do I really need to bother with these, and is it worth the time and hassle?” Let’s break it down and talk about the whys and whats.
What is an SKU number and why they're important?
An SKU (Stock Keeping Unit) is a unique number or code assigned to a product to help identify it.
Think of it like a fingerprint for each item in your inventory. You’ll often see SKUs used on product tags, barcodes, and in databases.
They’ve been around for a while—first used by retailers to keep track of stock more easily. As businesses grew, they needed a way to stay organized, and SKUs made that possible. Now, they’re everywhere, helping to keep products sorted, tracked, and accessible.
Benefits of using SKUs for your business.
Better Organization SKUs help you easily manage and track products in your inventory.
Easy Reordering When you need more stock, SKUs help you quickly identify what to order.
Time-saving No more guessing—SKUs make searching for products faster.
Improved Customer Service With accurate SKU data, your staff can find what customers want faster.
Easier Sales Tracking Keep an eye on what’s selling well and what’s not.
Minimized Errors SKUs reduce mistakes in orders and inventory counts.
Adding SKU Search to Your Website
Integrating SKU search into your website is a smart move that can make a big difference for both you and your customers. With this feature, customers can quickly find the exact product they’re looking for by searching with its unique SKU number.
Not only does it make your website more efficient, but it also enhances the shopping experience, making it easier for people to get what they want faster.
How SKU search improves website function.
Integrating SKU search into your website allows customers to quickly locate specific products by entering the unique SKU number. This feature streamlines the shopping process, reduces search time, and minimizes frustration, leading to a more efficient and user-friendly experience.
Make it easier for customers to find products.
When customers can search by SKU, they can directly access the exact product they're interested in, bypassing the need to navigate through multiple categories or pages. This convenience can lead to higher customer satisfaction and increased sales.
For instance, a study by Forbes highlights that retailers who optimize their product search functionalities, including SKU-level search, can see improved customer engagement and higher conversion rates.
By implementing SKU search, you not only enhance your website's functionality but also provide a smoother, more efficient shopping experience for your customers, which can positively impact your sales and customer loyalty.
How to Add SKU Extension to Your Website
Extensions are additional tools that can be added to your website to enhance its functionality without needing to modify the core system.
Our Quick Actions Extension is one of these tools, specifically designed to improve the search and ordering process on your site. With this extension, your customers can easily search for products by name or SKU, making their shopping experience faster and more efficient.
In this short guide, we'll walk you through how to install the Quick Actions Extension and show you the benefits it brings to your business.
Step-by-step Guide to Adding the Extension
Download the Extension - After purchasing the extension, you can find it in the "Products" section of your customer area. Download the ZIP file.
Install via ZIP Package - Connect to your Magento server using an FTP/SFTP client (like FileZilla). - Upload the downloaded files to the app/code/ folder on your server. - Run the necessary Magento commands to enable the extension and update your system:
Final Step - Once installed, check your site for the new SKU search functionality, ensuring everything works smoothly. For more information, check out our docs.
How the Quick Actions Extension Improves Your Business
The Quick Actions Extension offers several other key features that can help your business:
Fast SKU and Product Name Search : Customers can quickly find the product they need, improving the shopping experience and making it easier for them to complete their purchases.
Order Multiple Products by SKU : Customers can enter multiple SKUs to quickly add several items to their cart, saving time and making bulk purchasing easier.
Bulk Ordering via CSV Files : This feature enables customers to upload a CSV file to place large orders in just a few clicks, which is particularly useful for wholesale businesses.
Intuitive and Streamlined Ordering : The process is designed to be simple and responsive, so your customers can use it across any device without issues.
With these features, your customers will enjoy a smoother, faster shopping experience, which can lead to better conversion rates and improved sales.
You've probably heard about the "Hide Price" feature or seen it on popular websites like Zillow, AutoTrader, and Wayfair. But have you ever wondered why some businesses choose to keep their prices under wraps? In this article, we’ll uncover the reasons behind this strategy and how it can transform the way potential customers interact with your online store.
