In this video, we break down who typically owns a company store and why it often spans multiple departments.
Let’s see how this translates to your online company store.
Step 1: Know Your “Why” Before the “What”
Before diving into features and functionalities, take a step back and ask yourself some critical questions:- Why do we need a store? Who are we trying to reach (employees, customers, partners)?
- Who is buying? Understanding your target audience is key to product selection and marketing.
- Why are they buying? Is it for employee recognition, brand awareness, or merchandise sales?
- What are they buying and how does it fit our brand? Align your product selection with your brand identity.
- What’s the online store ROI (Return on Investment) on purchases? Consider the value your store brings to the organization, focusing on both immediate gains and long-term benefits.
Step 2: Map Your Internal Processes
Now, let’s look inward at your existing workflows. Understanding these internal processes will help identify a partner who can seamlessly integrate with your systems:- Purchasing Processes: How do employees buy from the store? Do they use purchase orders, credit cards, or cost centers?
- Data Flow: How does order information get from the store to your accounting system?
- Accounting Integration: Has your accounting team been involved in setting up the store for optimal purchase tracking?
- Approval Stream: Can buyer information and cost centers be automated for faster approvals?