Trapped in a financial crisis, some people mortgaged their houses to continue working on Amazon...

A sudden epidemic has accelerated the development of the cross-border e-commerce industry. A large number of cross-border sellers have seized opportunities from the crisis and their performance has soared. However, some people are getting deeper and deeper into financial difficulties. What's worse, many sellers have to mortgage their houses to continue doing business on Amazon.

Amazon sellers are all on the same track as Amazon and face the same problem of cash flow turnover. Their solutions are different and their final fates are often different.

Sellers: Amazon is a platform that people both love and hate

Amazon platform has attracted a large number of sellers with its strong ability to attract money, but conquering the platform is not an easy task. Sellers generally believe that if they want to do well on Amazon, initial capital investment is essential. In terms of investment, each link such as stocking, inventory pressure, logistics, operation and promotion requires money.

Among the many expenditure options, the capital expenditure on stocking up is particularly serious. An Amazon seller joked that according to the sales target, for a hit product, the FBA warehouse needs to have a month's worth of stock, the overseas warehouse needs to have a month's worth of stock, the offshore warehouse needs to have a month's worth of stock, and the factory needs to have a month's worth of stock to run for three months! He invested 1 million yuan in Amazon, and 800,000 yuan is in the Amazon warehouse. Even if he gets 400,000 yuan back this month, he has to get another 800,000 yuan worth of stock next month. Stocking up - getting back money - stocking up... This cycle repeats endlessly, and the seller can never get all the money he earns back .

When the capital chain is tight, the rising logistics prices have also greatly squeezed the profit margins of sellers. International logistics freight rates have hit new highs this year, and the situation of hard to find a box has reappeared. In the past two days, FBA fees have officially increased. The operating costs have risen again, causing sellers to say that "this has made the already poor life even worse."

The editor has observed that there are many examples of sellers who are trapped in financial difficulties due to insufficient capital turnover . Many sellers have clearly chosen suitable products, but the funds on hand are not sufficient, and they cannot prepare the necessary goods in time, and there is no way to ensure sufficient inventory. The products are just sold out, but suddenly they are out of stock, and the replenishment products cannot be put into the warehouse in time, causing problems for the sellers' operations.

In addition, many sellers want to expand their scale of development, but funding issues will also hinder the company's development. What's more serious is that some companies will even be "bitten back" by funding problems .

A home furnishing seller in Shenzhen said that his company is in a period of development this year. Thanks to the popularity of home furnishing products overseas, the company's orders increased sharply, but the company did not have sufficient working capital, which resulted in the company almost being unable to make ends meet.

In fact, there are many sellers who have similar experiences as this seller. At present, many Amazon sellers have begun to build new sites and explore new markets, but making ideas come true often requires money to pave the way. The sellers' costs are rising, but their own cash flow is not smooth, which will only make sellers face more severe financial pressure.

In fact, this year's logistics changes, new platform policies and other factors have made Amazon's requirements for capital flow increasingly high. An Amazon seller admitted that he used to only need to prepare one month's inventory in advance , but now he finds that the preparation time has been extended to two months, or even longer... Although the extended preparation period has made capital turnover more problematic, the bonus period of the Amazon platform is still there, and sellers can make more money from it, so Amazon is really a platform that people both hate and love.

Faced with financial difficulties, some people are selling their houses or mortgaging them to continue working on Amazon

According to the editor, due to financial difficulties, many sellers choose to mortgage their houses to continue doing business on Amazon.

Many people may think that it is unbelievable to mortgage a house to sell on Amazon, but it is true. Many sellers said that since this year, more people around them have mortgaged their houses to sell on Amazon . Even in places we cannot see, some people directly sell their houses to sell on Amazon.

A seller said earlier that he interviewed a worker who had sold his house in Shenzhen to work for Amazon, but the result was terrible!

Speaking of selling a house, the editor remembered a joke that was widely circulated before ↓↓↓

Last year, my friend entered Amazon with 1 million. Today, I went to his office to play, and he opened his online bank account to show me that the balance on his account was 2 million. I was quite shocked!

Ask him: "How did you do that?"

He said: "At the beginning of the year, I sold my house for 5 million and invested another 3 million."

…

The content of jokes is often based on reality. The popularity of the house selling joke reflects the reality that the Amazon platform has certain requirements for cash flow. Some sellers are forced to sell their houses or mortgage them to continue selling on Amazon. One of the important reasons is that they are in urgent need of money but cannot get the funds in time.

What methods can sellers take to solve the financial dilemma?

In order to solve the financial dilemma, in addition to selling the house and mortgaging the house, the editor found that more sellers will take the following methods:

1. The company's employees' commission will be paid once every three months or six months.

2. Try to obtain longer payment terms with logistics and suppliers.

3. Prepare stocks carefully to avoid inventory backlogs.

4. Loans.

Mr. Ma, who wanted to expand his business but faced financial problems, successfully solved his financial difficulties by taking out a loan.

It is understood that after the outbreak of the epidemic last year, home isolation has become the new normal for foreigners during the epidemic prevention period. As they spend more and more time at home with their children, the demand for toys and other categories of products has increased. Under the huge market demand, Mr. Ma successfully seized the market dividend, and the sales of Amazon stores also ushered in explosive growth. Mr. Ma made a lot of money during this period and successfully bought a house.

This year, Mr. Ma wanted to expand his business and open a new Amazon site, but funding became the biggest obstacle. Fortunately, Mr. Ma noticed Doushabao Kua Shangdai through Amazon's backend recommendation. In urgent need of money, Mr. Ma immediately applied for a loan and successfully obtained a loan of up to 1 million yuan on the same day. With the help of Doushabao Technology, Mr. Ma successfully expanded the scale of his business.

"As we all know, domestic e-commerce sellers have purely online online loans and micro-business loans." Recently, Doushabao Technology has worked with cooperative financial institutions to develop a digital model of the cross-border e-commerce supply chain and officially launched a cross-border e-commerce online financing plan for Amazon sellers across the country. The data is processed through privacy computing technology to ensure information security and privacy protection. The application process can be as fast as 5 minutes, approval in 2 minutes, and the funds will be credited in 0 seconds.

Unlike other bank and institutional loans that require asset collateral, Kua Shang Dai is a pure credit loan, based mainly on the sales data provided by the Amazon platform. Once approved, you can get a loan without any collateral. The annualized financing cost of Kua Shang Dai online version is as low as 3.99%-12%. Among them, high-quality sellers in Shenzhen and Hangzhou can enjoy the lowest annualized interest rate of 3.99% provided by cooperative financial institutions. The entire process is online, regardless of region, and loans are available nationwide, with the fastest arrival date being the same day.

It is reported that Amazon has sent offers to many qualified sellers . Sellers can apply directly through the email link or click on the loan card in the Amazon Seller Center, select Doushabao, and get the credit limit as soon as the same day after the credit is approved. Sellers in need can click on the article link: https://jinshuju.net/f/dIjlQV to learn more details!

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