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Financial tech options in 2021 can be confusing, but with the right choice small businesses can realize maximum financial freedom.

The Best e-Commerce Financing Options in 2021

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Cash flow is the lifeblood of a business, but many businesses — especially e-commerce businesses — experience cash flow issues. Even when sales are booming, cash flow can be tight due to payment schedules and increased demand. As a result, you might be late paying vendors or suppliers, struggle to make payroll on time, experience stock outs during peak sales seasons, or miss opportunities to grow – like buying discounted inventory on a flash sale or investing in marketing to drive more business.

To help you overcome your cash flow issues and take your e-commerce business to the next level, we put together the following guide on all things cash flow and financing.

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5 Tips for Being a Multichannel Brand in 2021

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It goes without saying that 2020 changed everything. Ecommerce adoption rates shot up 44% year over year—the greatest annual growth the U.S. has seen in at least two decades—and marketplaces like Amazon and Walmart saw their fair share of this increased business.

For sellers, this has meant a fundamental shift in priorities. Ecommerce is no longer a secondary revenue stream but a primary one, and the very definition of what it means to sell direct-to-consumer (DTC) has evolved.

Today, you must sell on multiple channels online. Simply selling through your website means forfeiting exposure to hundreds of millions of daily consumers already shopping on established marketplaces. In fact, you could hinder brand growth by refusing to sell on them; a recent study of Zentail users revealed that 63% of sellers saw at least 200% webstore growth within 10 months of expanding to one or more marketplace.

That said, there are some things you need to keep in mind as you look to sell on multiple marketplaces. Keep reading for five expert tips, inspired by lessons learned in 2020, when the world was turned upside down.

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Newegg Advertising – 2021 Trends That Can’t Be Ignored

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We saw ecommerce really boom in 2020 and it looks like that trend is likely to continue throughout 2021. Whether you are selling on multiple marketplaces or just one, chances are you are noticing increasing competition.  Accelerated by the ongoing pandemic, the competition is causing sellers to rethink their advertising efforts.

Read on to learn how Newegg Advertising is helping sellers get the leg up against the competition.

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Newegg Buy Box

The Newegg Buy Box: What is it, Why is it important, and How to Get It

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If you’re selling on Newegg, securing critical placements throughout the site is one of the best ways to stay top of mind with the consumer with the aim of driving conversion. You know that winning the buy box is typically the step preceding conversion, but do you really know just how crucial it is to win this placement?

Read on to learn the nuances of Newegg’s buy box and how winning this top notch placement positively impacts other parts of your marketplace business.

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What is the Best Online Marketplaces for Technology?

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Online marketplaces have become the most prevalent way to shop. They provide a convenient way to shop for all your products without ever having to step foot in their brick-and-mortar stores. These online marketplaces offer a multitude of items right at your fingertips with the capability of price comparisons from other online stores saving you money. You can also read customer reviews on products to ensure that it is the right fit and a reliable choice.

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How to Use an Online Marketplace

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Whether you already have an established brick-and-mortar shop or want to expand on the potential for eCommerce sales, online marketplace businesses offer additional revenue streams. Using online marketplaces lets you reach a larger customer base and find buyers throughout the world. The key is finding out which options work for your items and business model. While it may seem prudent to post your items in as many places as possible, doing so may not increase your bottom line and could cost your more in the long term. Online selling platforms offer varying benefits and appeal to different consumers. Making sure you understand your options and how they relate to your products helps increase your chances of success in the eCommerce industry.

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How to Sell Products Online

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Everyone knows the benefits of an eCommerce store over a traditional brick-and-mortar location. Selling goods over digital channels offers quicker startup and fewer up-front costs, which gives you the opportunity to grow quickly. Add in research projections that show online market revenue should reach over $2,411,638 in 2020, and the idea of opening your own store gets even more interesting. However, if you are considering an internet store, you need to understand the best practices for success in an area with serious competition and market saturation. You also need to learn about lucrative products to sell online for quick growth and increased revenue.

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How to Sell Outside of eBay

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Since its start in 1995, eBay has grown into one of the largest online marketplaces for selling new, used and refurbished items. From hobbyists to PowerSellers that run profitable businesses out of their own homes, the company offers a platform for both the casual user and businesses to turn a profit with their merchandise. If you sell on eBay for profit, you may wonder whether it is time to take your brand and company to higher levels. For those who want to know how to sell outside of eBay there are many options available, and they just might be more profitable.

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