E-Distribution

Hi there!
Now that we know about channels, it's time we learned about Channel Inventory Management. Here we go!

Let's begin with the definition of a Channel Manager.

A Channel Manager is an online cloud-based solution that allows you to combine day-to-day management of your distribution channels on a platform and calendar on one dashboard.

This allows you to instantly update rates and availability to automate inventory management regardless of which channel the booking is made to avoid over or under booking. Although channel management software can be expensive, it's worth it when compared to the cost of over or under booking.

Keep in mind that if your business is a small homestay, a few apartments or a tourism business with limited services, a Channel Manager may not be a necessity as you can manage a small quantity by yourself. But if you have several room types and more than 10 rooms, a Channel Manager will help you stay organised.

A few aspects to consider before selecting a Channel Inventory Manager;

• Does it fulfill your business's requirements?
• Do you pay a fixed monthly rate OR sales commissions?
• Does the channel manager accommodate your business type?

Here's a few recognised channel managers:

• Cloudbeds
• Hotelrunner
• Siteminder
• TrekkSoft
• Ezeecentrix
• Staah

In this course we will learn how to select the correct management platform for your business's requirements to help utilise your resources and efficiently manage your inventory.

Let's get ready to learn and grow your business! Ready, set, learn!