Interestingly, it’s been said that if your cost of capital is even 9%, but an e-commerce business owner knows their return on investment (ROI) could be 25-30%, the likelihood of achieving this goal all boils down to strategically planning finances. In short: you need money to make more money, and partnering with Get Loop is the shortcut to making your long-term goals for your business a reality.Read Story
"[As a start-up], it's tough to get funding from a bank," says Ricky Walton, president and founder of My Custom Sports Chair. "For us...we get volume discounts on inventory, so we're always looking to get cash up front. We ended up with Loop, and it's been fantastic. We got a solid line of credit...and it's organically helped us grow our online sales substantially. This year alone, we're up 389% on Shopify...it just goes to show how much Loop has helped us out this year."Read Story
Google released Rising Retail Categories which allows eCommerce business owners to track fast-rising retail categories on a monthly basis based on Google Search trends.
Shopify finally released Product Media,- a feature that allows the use of product videos and 3D interactive product models on your store's product pages.
Amazon rolls out its augmented reality shopping tool focusing on providing US consumers with a "taste test" for decorative and home decor products.
Facebook launches a new marketing channel for advertisers by allowing Facebook group admins to run branded posts through paid partnerships with relevant brands.