Amazon Lending and Amazon Lending Alternatives
Disclaimer: This guest post from Payability is meant to inform eCommerce businesses about different financing options. It is not intended to be financial advice. We always suggest that businesses do additional research before deciding on a financing option as there are countless other options available.
When you sell on Amazon, you have the ability to reach millions and millions of consumers. The exposure means you can make A LOT of money, but because of Amazon’s payment delay, you don’t actually get that money for at least two weeks.
It’s no surprise then that Amazon sellers often seek outside financing to help cover these cash flow gaps and make investments in inventory, marketing, and other growth areas.
As you may know from personal experience, getting financing from a bank is not ideal as an Amazon seller. After all, your financing needs are likely immediate — for example, if a supplier offers a flash sale on inventory, you’re going to need funds right away so you can take advantage. With banks, the application process alone can take several weeks. Not to mention, approval rates for small and online businesses are low.
Fortunately, there are other financing options to consider as an Amazon seller. Here, we break down Amazon Lending, Payability, and other alternatives so you can find a solution that will get you the cash you need, when you need it.
(more…)6 Strategies to Ship in a Sustainable Way
(This is a guest post from our friends over at Arka, provider of custom and sustainable packaging supplies.)
You can attest to the fact that e-commerce and online shopping has become the norm in recent days. With about 600 million orders being mailed each day into the U.S alone.
Without much ado, anyone can make a purchase online and have it shipped right to the comfort of their home without having to move an inch. Unfortunately, as with most recent improvements, this upsurge has also taken its toll on the environment.
While environmental consequences are almost inevitable, e-commerce businesses can take steps into ensuring that they fulfill their customers’ orders while ensuring that their processes are also environmentally friendly—for Arka, sustainable packaging and shipping is the hallmark of their operations.
With more people becoming conscious of the environmental impact of our daily activities, businesses need to find a way to fulfill their social responsibility by adopting sustainable practices in their operations.
(more…)What We’re Reading: eCommerce, Generations, and Influencers
This week we’re reading about how to cost-effectively build an eCommerce presence, how online consumer behavior changes among generations, and influencer marketing myths. Read the articles below!
(more…)Optimize These 5 Areas To Scale Direct-to-Consumer Operations
(This is a guest post from our friends over at OceanX, provider of complete direct-to-consumer (DTC) solutions from eCommerce to fulfillment and everything in between.)
As retail stores slowly begin to reopen, many brands are realizing things will not be “business as usual.” During the rise of the COVID-19 pandemic, customers have remained “socially distanced,” leaving their homes only to purchase essential items. For all other purchases consumers are more frequently ordering their favorite products online – leaving many brands feeling need to rapidly scale direct-to-consumer operations to meet their customers’ needs. This is not an easy task.
The challenge with scaling direct-to-consumer operations is most brands don’t know where to start. In this article, we’ll explore five areas that need to be optimized to ensure your direct-to-consumer operations scale smoothly and, most importantly, that you deliver a premium experience.
(more…)What We’re Reading: Retail Growth, B2B, and Amazon
This week we’re reading about how eCommerce is driving retail growth, how COVID-19 impacts B2B eCommerce, and how Amazon is being passed by its competitors. Read the articles below!
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