A new solution to the inventory and financing dilemmas of e-commerce sellers has been introduced for the first time in Turkey, thanks to the e-commerce financing launched by WorqCompany. So, what exactly is e-commerce financing?

E-commerce financing is a revenue-sharing-based financing model tailored specifically for e-commerce sellers. Thanks to a repayment plan customized for you, revenue sharing is calculated on your gross earnings once your sales begin. With the fixed percentage applied, the vast majority of the profit earned remains with you.

For most e-commerce sellers, returns can fluctuate daily, weekly, or monthly. Therefore, thanks to the e-commerce financing model offered by WorqCompany, sellers are provided with payment flexibility through a percentage-based payment system instead of fixed-amount payments.

To benefit from the e-commerce financing provided by WorqCompany, the most crucial criterion sought in customers is the potential to generate revenue. As long as you can generate revenue with the e-commerce financing model, you are prevented from running out of stock while growing your business.

The e-commerce financing model has experienced a major surge worldwide in the last 2-3 years and has begun to see massive demand from e-commerce sellers facing inventory issues. WorqCompany stands as the pioneer and sole practitioner of this model in Turkey. In this model, which is still very new in Turkey, WorqCompany has already established over 40 partnerships of various sizes.

Providing inventory rather than cash financing with its e-commerce financing, WorqCompany purchases your products for you from any supplier you choose. During this process, the product belongs to WorqCompany, but the sales belong to you. As a result, the majority of the profit obtained from what you sell belongs to you.

Advantages of E-Commerce Financing You Can Receive Time and Again from WorqCompany

• Thanks to the e-commerce inventory support provided, you can make higher volume purchases,

• You can purchase products at better prices by lowering inventory costs,

• While you grow your business with e-commerce financing, WorqCompany monitors your growth and can increase support to help you boost your sales where necessary,

• You do not start making repayments without making sales,

• In this partnership where all processes are managed transparently, there are no surprise costs in your payments,

• The e-commerce financing support you receive does not appear as debt on your balance sheet. Instead of any monetary transaction, you simply perform stock trading. Consequently, your relations with banks and similar institutions are not affected.

One of the E-Commerce Challenges: Financing

In today's world, we can say that e-commerce has now overtaken commercial trade in physical stores. While initially carried out on a small scale by very limited players, e-commerce has now become a system that anyone can manage even from home, and in which major global players are also involved.

Despite these great strides, this system, which we can still consider young, naturally has many unique problems. One of the biggest challenges is the financing problem, which we explain in detail below.

Financing Problems of E-Commerce Sellers

If we look at the problems of e-commerce sellers regarding financing;

• Procurement conditions straining the business process, especially in today's inflationary environment,

• High pre-sales and post-sales expenses under headings such as advertising, shipping, commission, etc.,

• The velocity of money rotation.

If we examine these problems briefly; first of all, the higher the volume you can purchase when buying the product you want to sell, the greater the price advantage you obtain. Furthermore, when you want to make payments in installments and/or on a deferred date, suppliers either refuse due to the economic climate or demand very high maturity differences.

Your marketing and shipping expenses, which vary particularly based on the marketplace you sell on, can sometimes even exceed the price of the product you are selling. Additionally, you may incur extra costs resulting from product returns or additional customer requests regarding the product.

Lastly, financial turnarounds in domestic marketplaces take an average of 60 days, and up to 3 months if you are selling internationally.

In addition to all of this, there is a situation that seems positive but is actually detrimental: running out of stock! Running out of stock means your sales are going very well and you have sold all the products you have. However, this can trigger a situation that carries perhaps the biggest problem you could experience; namely, stockouts. If you run out of stock and cannot fulfill new orders, your sales will stop immediately. This will even present an opportunity for your competitors tracking you in the market, running the risk of suddenly losing a business with massive growth potential.

Traditional Ways of Securing Finance

In order to escape the problems mentioned above, a strong capital structure will be required. In this light, traditional ways of accessing capital—meaning new money—will be pursued;

• Finding a shareholder-partner by selling a portion of your company's shares; the handicap of this method, which seems logical at first glance, is that it lasts a lifetime. Consequently, it is the most costly method.

• Family capital; its limits are usually very narrow. Furthermore, you must explain the business to the family and convince them to take the risks.

Leave all these challenging financing processes behind with WorqCompany. Visit the link right away and fill out the application form for "WorqCompany E-Commerce Financing," which you can utilize limitlessly from 5,000 TL to 5,000,000 TL to grow your e-commerce business.