eCommerce
Best Practices for Navigating Finances of Your eCom Biz
Ensuring your eCommerce business stays healthy and profitable is something all sellers struggle with. With so many expenses to account for alongside the twists and turns of running a business, it is hard to stay on top of everything! To have success, it’s vital to understand where your business is standing and where you can…
Read MoreHow Fintech Can Revolutionize Your Business
Fintech is growing explosively. A suite of companies has disrupted and improved how we operate business daily. These fintech startups are the secret formula to growing your business, receiving capital for key business functions, scaling your business, and protecting the future of your business. In this guide we’ll go over various fintech tools, apps, services,…
Read MoreWhen and How to Start Marketing Your eCommerce Business
You have launched your first eCommerce product, congrats! You just made the first step in securing financial freedom and growing your business. What next? Now you want to focus on expanding and growing sales, but how do you do that? The first step to driving up your revenue is marketing your eCommerce business. What even…
Read MoreDropshipping Funding: Your Questions Answered
Dropshipping refers to an order fulfillment method in which entrepreneurs run an online store and sell products without holding the inventory. It is relatively easy to start and operate and a great way to generate passive income. Sellers don’t need to create, hold or ship any items. When a shopper places an order in your…
Read MoreHow to Grow Your Budding eCommerce Business
Picture this: you’ve just set up shop online, hand-picked the products you’ll offer, and made your first sale. It’s only up from here, but how can you keep up the momentum? With a little bit of luck and lots of good strategy, your ecommerce business will be booming soon. Keep reading to learn more about…
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 MoreWhy Understanding eCommerce Supply Chain Models Matters
It’s important to understand different eCommerce supply chain models in order to optimize your own. Online retailers that make efforts to learn their own supply chain model achieve faster delivery times, more competitive pricing, and wider margins. Clarity on the supply chain model your SMB employs will also improve your ability to know what eCommerce…
Read MoreUnderstanding the E-Commerce Cash Cycle
The cash cycle, also known as the cash conversion cycle (CCC) or the net operating cycle, is a metric showing how long a business takes to convert its inventory into cash. It is the time between when you spend cash on inventory and when you receive payments after selling the items. The whole process involves…
Read MoreFCL vs LCL Shipments: Complete Guide for eCommerce Sellers
LCL and FCL are two terms you will get yourself very familiar with if you’re running an eCommerce business that ships in products from overseas. LCL and FCL refer to the two main type shipments utilizing containers that sellers use to get their products from another country into another country to sell. In this post,…
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 More