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