4.8 • 1.4K Ratings
🗓️ 28 March 2019
⏱️ 32 minutes
🧾️ Download transcript
Every physical products business requires capital in order to grow. And cash flow can often be a problem because you need to invest a large amount of cash upfront to pay for inventory. In today’s episode, Victoria and I are going to discuss different methods of raising money along with the pros and cons of each. Victoria Sullivan is a marketing manager over at Payability and she’s an expert when it comes to raising funds for your ecommerce business. What You’ll Learn Why financing is so important for an ecommerce business Why it’s hard to get a loan from a […]
The post 249: How To Manage Cashflow Issues With Your Ecommerce Business With Victoria Sullivan Of Payability appeared first on MyWifeQuitHerJob.com.
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0:00.0 | You're listening to the My Wife Kidder Job Podcast, the place where I bring on successful bootstrap business owners |
0:05.1 | and dig deep into what strategies they use to grow their businesses. |
0:08.7 | Today I have Victoria Sullivan on the show and Victoria works at payability and is an expert when it comes to keeping |
0:14.4 | e-commerce companies fed with a constant stream of product. And today we are going to |
0:19.2 | discuss how to deal with cash flow issues when it comes to selling physical products online. |
0:24.1 | But before I begin, I want to give a quick shout out to Privy, who's a sponsor of the show. |
0:27.9 | Privy is the tool that I use to build my email list for both my blog and my online store. And right now I'm using Privy to display a cool Wheel of Fortune pop-up. |
0:36.0 | Basically a user gives their email for a chance to win valuable prizes in our store. |
0:40.0 | And customers love the gamification aspect of this. |
0:42.8 | And when I implemented this form, |
0:44.3 | email signups increased by 131%. |
0:47.2 | Now you can also use Privy to reduce cart abandonment |
0:50.0 | with cart saver pop-ups and abandoned cart email sequences as well at one super low price that is much |
0:55.8 | cheaper than using a full-blown email marketing solution. |
0:59.3 | So bottom line, Privy allows me to turn visitors into email subscribers and recover lost sales. |
1:04.7 | So head on over to privy.com slash Steve and try it for free. |
1:08.4 | And if you decide you need some of the more advanced features, use coupon code MwQJ for 15% off. |
1:14.1 | Once again that's PRI vY.com slash Steve. |
1:17.6 | I also want to give you a quick shout out to Clavio |
1:19.5 | who's also a sponsor of the show. |
1:21.2 | Clavio is the tool that I use to build real quality customer |
1:24.1 | relationships with my e-commerce store. And because all my transactions and |
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