Posts by Eric Youngstrom
How to Reduce Shipping Costs – Advice for eCom Store Owners
Every eCommerce business, regardless of its niche, size, or experience, has one thing in common: shipping. Whether the company sells tech gadgets or fashion accessories, it always has to consider shipping. After all, that is the only way your customers will receive the product they ordered. Unfortunately, shipping is among the biggest and most significant…
Read MoreThe Importance of Small Businesses Throughout History
When an international team of researchers set out to analyze sediment cores extracted in southern Greece, all their previous theories went out of the window. It turns out that marketplaces composed of smaller sellers prevailed in Greece dating back to as early as 1,000 BC. The researchers identified a significant agricultural and grapevine production shift…
Read MoreWhat Is Revenue-Based Financing?
Business financing comes in multiple forms, from traditional business loans to business-friendly revenue-based financing. Are you an eCommerce merchant looking for financing? Are you asking what is revenue-based financing? The global revenue-based financing market is expected to grow by an estimated 61.8% CAGR by 2027. As a result, businesses need to consider revenue-based financing to…
Read More3 ECommerce Financing Options to Grow Your Business
Why Are ECommerce Financing Options Useful? When you began thinking about opening your own business, eCommerce seemed like a low-cost approach, and eCommerce financing options may not have been top of mind. After all, with an online store, you don’t have to hunt for a storefront or fork out money for retrofits and rent payments.…
Read MoreHow to Sell Through Multiple eCommerce Platforms
“How Do I Sell Through Multiple ECommerce Platforms?” and Other Pressing Questions In Today’s Competitive Online Selling World According to Statista, eCommerce sales are projected to increase 500% from $1.3 trillion in 2014 to $6.4 trillion in 2024. In this highly competitive environment, it is only natural to ask yourself, “How do I sell through…
Read MoreThe Smartest Way to Get Financing for eCommerce Companies
If you’re running an eCommerce company, we’ll start with this: Hats off to you! Building a business is never easy, and many stay in the “daydreaming” phase for one reason or another. Lack of working capital, an unclear business plan, or the simple (yet agonizing) overwhelm of entering an established market are enough to pull…
Read MoreOnline Retailer Business Financing
The job of an online business owner never stops. While some may think you live the high life – order some products, list them online, relax and let the orders roll in – you know differently. Finding, gaining, and retaining customers in and of itself is a tremendous effort. Holding inventory is a delicate balance.…
Read MoreHow to Get Funding for Your Online Business
If there’s something that the pandemic taught us, the possibilities are virtually endless online. In a pinch, many businesses can move to a digital format. What that means is that we don’t need to wait for that pinch to move online. While global uncertainty and restrictions on movement retained many people in their homes, it…
Read MoreA Key to eCommerce Success: What is Inventory Funding?
We’re living in an era of eCommerce – and that’s good news for everyone. Customers who need or want something are not limited by their immediate surroundings and can find what they are looking for from anywhere in the world. Businesses that want to offer their products to a broad audience are not limited to…
Read MoreAre You an Amazon Seller? Loans Aren’t the Only Way to Grow Your Business
If you’re one of the over two million Amazon sellers, loans and other forms of financing may be on your mind. If so, you’ll want to explore eCommerce lending. Modern and flexible, these unique financing options can positively impact your business without the negative consequences of traditional lending. Read on to learn about selling on…
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