So... This is the most stupid post of the century.
(Alert: English is not my native language)
--> I got this eCommerce business that is selling Bestseller brands (read: high competition, with the same products) and doing $20.000/month after 8 months.
October is the first month that we're generating a profit (10%), but we're having big cash flow issues due to past months' inventory investment and management of it (overstocked and having trouble getting the overstocked SKU's sold)
We want to compete with the small-medium size ecommerce stores (500.000-1.000.000 in profits/year). We have better service, faster delivery, more personal marketing and just invested in better inventory management than them.
--> But at the same time, we're selling the same products as the giants (Nelly.com, Zalando etc.), so the only differentiates I see compared to the giants, is the personal marketing/service.
We have much smaller product selection than them (we have about 300 and they have 10.000+ products).
We have an investor that is willing to invest $50.000 for 25%, as long as we're willing to be personally liable and they can convert that $50.000 to shares later on.
TLDR:
Downside: High competition, same products, lot of competitors, Giants have the same products, Cash-flow issues
Upside: Personal marketing (some people will always buy from personal stores), better service, faster delivery, better inventory management than our direct small-medium competitors.
(Alert: English is not my native language)
--> I got this eCommerce business that is selling Bestseller brands (read: high competition, with the same products) and doing $20.000/month after 8 months.
October is the first month that we're generating a profit (10%), but we're having big cash flow issues due to past months' inventory investment and management of it (overstocked and having trouble getting the overstocked SKU's sold)
We want to compete with the small-medium size ecommerce stores (500.000-1.000.000 in profits/year). We have better service, faster delivery, more personal marketing and just invested in better inventory management than them.
--> But at the same time, we're selling the same products as the giants (Nelly.com, Zalando etc.), so the only differentiates I see compared to the giants, is the personal marketing/service.
We have much smaller product selection than them (we have about 300 and they have 10.000+ products).
We have an investor that is willing to invest $50.000 for 25%, as long as we're willing to be personally liable and they can convert that $50.000 to shares later on.
TLDR:
Downside: High competition, same products, lot of competitors, Giants have the same products, Cash-flow issues
Upside: Personal marketing (some people will always buy from personal stores), better service, faster delivery, better inventory management than our direct small-medium competitors.
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