Posts Tagged customer experience

Ecommerce Growth

 Ecommerce Crowdfunding: The Complete Guide for Online Sellers

Learn more about different types of ecommerce crowdfunding, the best platforms for it, and how to choose the right one for your business.
Online-Retail

4 Tips To Effectively Do Inventory Management

Learn where to start and how to successfully manage inventory to improve your ecommerce operations and get the income you've always strived for.
Ecommerce Basics

8 Reasons Why Ecommerce Businesses Fail & Ways to Avoid It

Check out the top 8 reasons why ecommerce businesses fail and what you can do to prevent that and ensure steady business growth.
Finance

What Is Seller Financing for a Business and How It Works‍

Learn what seller financing for business is and how it works so that you can make an informed decision about selling or funding your business.
Finance

11 Revenue-Based Financing Companies To Consider in 2023

We compiled the list of the best revenue-based financing companies in Europe and the US to help you find the perfect match for financing your business.
Finance

What is a Working Capital Loan - A Small Business Guide

Learn what is a working capital loan, how it works, its advantages, and see if it's the best financing option for your business.
Online-Retail

8 Inventory Management Mistakes & Tips To Avoid Them

Explore the most common inventory management mistakes and learn some of the most effective ways to avoid them.
Finance

How To Connect Amazon With Your Shopify Store

Learn how to connect Amazon with a Shopify store in a few easy steps to help you boost your sales and grow your store today.
Finance

The Only Ecommerce Business Loan Guide You Need in 2023

Learn the most common types of ecommerce business loans and practical tips on how to get the best deal for your business.
Finance

Startup Inventory Financing - The Definitive Guide

Learn more about startup inventory financing and what are the steps necessary to secure one and grow your business.
Finance

Inventory Financing - Everything You Need To Know

Learn what inventory financing is, how it works, and what are the top 5 things to consider when applying for it.
Finance

Net Working Capital vs Working Capital: What's the Difference?

Learn the difference between Net Working Capital and Working Capital to help you better calculate your finances and business health.
Finance

Sales Tax For Online Sellers - Small Business Guide

Explore the basics of sales tax for online sellers to determine where and when you're liable for sales tax for America and Europe.
Finance

Angel Investing vs Venture Capital: Which Is Better for You?

Explore the comparison of angel investing vs venture capital, what they offer, their pros and cons, and which one is better for financing business. 
Ecommerce Basics

6 Steps To Create An Ecommerce Business Plan

Learn how to create an ecommerce business plan for your business to help you organize your activities and grow your store faster.
Finance

7 Best Asset-Based Finance Companies To Consider in 2023

Check out the best asset-based finance companies that can help you get working capital fast without going through the wasting application processes.
Online-Retail

4 Popular Gifts For Chinese Business Partners For Your Business

Explore some of the most popular gifs for Chinese business partners that can inspire you on what to gift your Chinese partners for New Year.
Ecommerce Basics

3 Tips to Start an Ecommerce Business with No Money in 2023

Learn how to start an ecommerce business with no money and what kinds of businesses make sense to launch as a first venture.
Ecommerce Basics

How To Choose The Right B2B Ecommerce Platform in 2023

Learn how to choose a B2B ecommerce platform for your business and what to consider when building your B2B ecommerce business.
Finance

Alternatives to Bank Loans: What’s Best for Your ECommerce Business?

Check out the alternatives to bank loans you can use to fund your online store and learn how each of those solutions can help your business grow.
Finance

Asset-Based Lending vs Bank Financing: Which Is Better For You?

Learn the difference between asset-based lending and bank financing solutions, how they work, their cons and pros, and how to choose the best solution.
Ecommerce Growth

Expanding Business to New Markets for ECommerce Growth

Ecommerce stores may reach a point where they want to expand the business into new markets to continue experiencing ecommerce growth.
Ecommerce Growth

Stages of a Successful New Product Launch to Expand Business

E-commerce stores should follow these steps if they decide to launch a new product in order to sell more and expand business.
Ecommerce Growth

Customer Service Improvement for E-Commerce Growth

E-commerce stores must continually improve their customer service practices in order to retain customers and remain competitive.
Ecommerce Growth

5 Strategies for Product Promotion to Grow Your Business

E-commerce stores must invest in product promotion in order to expand business and boost sales, which they can do in a number of ways.
Ecommerce Growth

8 Ways to Grow Your Store and Sell More

There are a number of growth strategies available to online sellers to help them sell more and attract more business.
Ecommerce Basics

How to Get Started in E-Commerce: 7 Steps to Grow Your Business

If you want to start your own online business in e-commerce, there are multiple steps you need to take to have your store up and running.
Ecommerce Basics

Full Guide to Product Sourcing for an E-Commerce Business

There are five main ways for online stores to purchase inventory or source products, each with its own pros and cons.
Ecommerce Basics

How to Choose the Right Fulfillment & Warehousing Strategies to Grow Your Business

E-commerce businesses need to consider the relevant factors to choose the proper fulfillment model that will support business growth.
Finance

Basic Working Capital Financing Terms: Explained

Working capital financing terms can be complicated, so merchants need to have an understanding of them before they pursue funding.
Finance

Five Ways to Use Working Capital Financing

E-commerce stores can use working capital financing in a number of ways to grow their business and further expand their efforts.
Finance

What is Asset-Based Financing and How Does it Work?

Asset-based financing is an alternative form of funding for online sellers that requires no personal guarantees or collateral.
Finance

Financing for Your Amazon Store: 5 Ways to Fund an Amazon FBA Business

Amazon FBA sellers have a number of financing options available to them to fund their businesses and grow their sales.
Finance

Guide to Financing for Online Sellers: Top 6 Funding Sources

E-commerce sellers need to consider the financing available so they can select the option that is best suited to their needs.
Finance

What Is Working Capital and Why Is It Important for Online Sellers?

Online sellers need to manage working capital effectively and secure financing when needed for further growth opportunities.
Finance

The Ultimate Guide to Securing Financing for an E-Commerce Business

E-commerce businesses have a number of financing options available to them as they seek to grow and expand their operations.
Ecommerce Growth

Mastering the cash conversion cycle to accelerate your growth

In order to keep up with demand and continue to scale, there is one concept sellers must pay close attention to: your cash conversion cycle. Understanding and mastering your cash cycle can help you determine when is the right time to purchase more inventory, invest in new products or even scale into a whole new market.
Ecommerce Growth

Prepare your inventory for Christmas: Free PDF Checklist!

Christmas, alongside Black Friday, is the most important time of the year for a lot of online sellers. If you have a product or service that is especially popular during the holiday season, it’s crucial that you have enough inventory to meet the demand. Download our free checklist to prepare you online store for holidays!
Ecommerce Trends

Myos is now financing e-commerce sellers with their own warehouse operations

As a response to the recent market challenges, Myos is expanding its service beyond handling merchants that work with third party logistics (3PL) providers, and opens its doors to merchants with their own warehouse operations!
Finance

Do your research carefully: different pricing models for working capital finance

Researching the perfect finance provider for your online business can be challenging and overwhelming, given the broad range of options. The reasons for taking up additional funds are oftentimes very similar for e-commerce sellers: avoiding out-of-stock, accelerating growth with new products or boosting ad spend. Potential solutions are offered by many companies, including your local banking institute, fine traders, factorers, revenue-based financers, or asset-based financers like Myos. While we covered the different types of financing in a recent blog article, we want to shed light on different ways to communicate the price of a loan and why it is so important to understand their implications.
Expert-Lounge

Exploding transport costs for FBA merchants - what to do?

COVID-19, Suez Canal blockade, closed port of Yantian: the cost of shipping goods from Asia to Europe continues to rise, with many entrepreneurs reporting up to 400% mark-ups on import costs. There is no end in sight and the important Chinese New Year and Christmas business is at risk. How are experienced Amazon merchants dealing with this? We asked 3 Myos experts.
Ecommerce Basics

Niches on Amazon? The right choice makes all the difference.

Read this Myos blog article by guest author Christian Otto Kelm to learn more about product niches on Amazon and important considerations for your business.
Ecommerce Growth

Between stationary shop and Amazon: Never lose sight of customer access

Dr. Kai Hudetz has been researching various aspects of retail for years. Since 2009, the expert has been managing director of the Institute for Retail Research (IFH) in Cologne. In the MM guest article, he assesses current developments in e-commerce and analyses the supremacy of Amazon.
Ecommerce Basics

My Q4 on Amazon – Black Friday Hype and Christmas Hysteria

Every year, as soon as Q4 appears in the calendars of online retailers, hysteria spreads. Christmas business is just as important as Prime Day or Black Friday. But how do you strategically approach this important e-commerce phase on Amazon? Amazon expert and guru Christian Otto Kelm shares his thoughts in Merchant Magazine.
Ecommerce Trends

Air or Sea, that is the question - now more than ever

In normal times, the choice between air and sea freight is determined by the weight and size of the goods and how fast you want them to arrive. Nonetheless, COVID-19 has made this choice more complicated for cross-border e-commerce merchants by posing numerous challenges to international logistics, such as volatile prices, delays and less availability. Under these uncertainties, you might be wondering which form to choose for your next shipment. This article contrasts these two shipping methods and gives recommendations, which are especially relevant if you want to ship from China to Germany.
Ecommerce Basics

Halloween on Amazon - Scream or Dream

The last days of summer have barely passed before the bells of Christmas shopping and Halloween are already ringing on the e-commerce horizon. Merchants are re-optimising their shops, joining in the hype about the profitable sales season in December. But while most Amazon retailers only focus on the gift industry, the Halloween niche is growing more and more. Is this holiday, which is increasingly celebrated in this country as well, a serious business and can an online shop, in suitable segments, generate relevant sales here? And in the best case scenario, of course, without an SEO power struggle, as during the less contemplative period of christmas shopping. Halloween, that much is certain, has arrived in retail. Decoration shops, costume distribution from local niches to large department stores, from stationary - to online retail.
Ecommerce Basics

How to behave culturally when dealing with Chinese suppliers

Being the “World’s Factory” and a rising center of innovation, China has been one of the most popular markets for trading, especially for sourcing. A simple search on Google reveals countless articles teaching westerners about how to behave in China, but in many cases, reading these as a native Chinese, my reaction is more like “What? I have never heard that” and “Heh? that’s not true”.
Ecommerce Trends

The COVID-19 eCommerce rush

Humans are creatures of habit. When conditions in the environment change over a longer period of time, we adapt. The current COVID-19 crisis has already changed the standard conditions. Read here what implications the current pandemic might have on your online business.
Ecommerce Trends

From July 2021: Changes to delivery thresholds in the EU and new VAT obligations for online traders

New tax obligations for online traders will apply from 1 July 2021. Originally scheduled for 1 January 2021, the e-commerce tax package adopted by the EU in 2017 will now come into force in the summer. The new laws pay particular attention to the revised delivery thresholds - in general, many things will change for online retailers. We reveal the details.
Expert-Lounge

Three major advantages of product-based SME financing over traditional one in e-commerce

The list of SME financiers is long, yet they struggle with their borrower-based approach in the e-commerce segment. We highlight 3 problems of this approach and explain how it differs from Myos' product-based approach as a mode of financing e-commerce sellers.
Ecommerce Growth

More than a logistics solution: How fulfilment can be used to promote growth

When an online shop grows, it encounters numerous hurdles. As the range of products and services and the customer base develop, the demands of the target group also increase and the customer experience is now compared with the competition. Shipping, tracking and returns are expected to be fast and reliable, with large companies setting the standard in e-commerce. Growth goes hand in hand with the need for new capacities, more time and greater effort. However, it should not only be based on creating new resources. Rather, it is important to pursue sustainable growth as a goal. Investing in professional fulfilment is an investment in your customers' satisfaction and long-term growth.
Ecommerce Basics

Successful supplier scouting in China: A guide for your e-commerce business

Everyone knows Alibaba. But while some small business owners already rack their brains during the initial communication, others get the best purchasing conditions with top quality via the online platform. Strong and reliable suppliers are essential for today's e-commerce. But how do you find these? In this article, we will help you to find your way through the wide range of ​​possibilities and give you an overview.
Ecommerce Basics

E-commerce for the long-run: 5 tips on how cash flow planning helps with financing

In a dynamic market environment such as online retail, good cash flow planning can secure your existence. Especially when your business is growing, you have to make strategic financial decisions and determine the best time for further financing by banks and investors. This article gives you five tips on when and how to act so that you learn the best lessons from cash flow planning for further financing rounds.