2020 is the year of eCommerce…well among many other things.
But eCommerce sellers and businesses will most likely look back in time and recognize that 2020 was a turning point in their business.
While we see massive influxes of website traffic, consumer purchases, and brands making the brick-and-mortar to online transition, eCommerce will only get more popular among consumers…and more competitive between sellers and brands.
The Pivotal Shift
At SellersFunding, we recognize this pivotal shift in global eCommerce trends, and want to address the many pain points of sellers and brands alike, especially in the financial realm.
Too many eCommerce businesses struggle to breakthrough to new levels of growth because they do not have enough working capital to reinvest into growth.
We’d like to introduce a few new tools to help expand and streamline your business, all under one platform.
Below is a breakdown of SellersFunding all-in-one financial tools that are available now:
Funding
While this technically isn’t a new product within SellersFunding, it most certainly is a vital piece to the growth of your eCommerce business.
Our eCommerce funding solution allows sellers and brands to pre-qualify for up to $1,000,000 of working capital in as little as 48 hrs.
With working capital, you can:
Stock up on inventory:
Whether you are preparing for a large upcoming season (Hello Q4) or may even want to replenish your inventory after a large sale, it’s critical to have free flowing cash to dedicate to your inventory.
Invest in advertising:
As more competitors and brands enter the eCommerce space, it will be tougher to acquire new customers and sales.
By investing in advertising, you either place your product at the front of the line or get it in front of your ideal customers faster.
Launch new products (and maybe even globally):
One of the main ways you can increase your revenue stream is to add new products.
This can be somewhat difficult to launch though if most of your working capital is tied up in advertising or current inventory.