The payment terms of marketplaces generally depend on the strategies chosen by the sales platform online . This is the reason why some sellers decide to sign up for fast payment services. Instead of receiving your commissions after 20 to 40 days, it is possible to get paid in 2 days . In this blog, we will discuss the advantages of accelerating the receipt of your marketplace commissions or getting paid early for your marketplace payments. Refer the points given below
Quickly renew your stocks on the marketplace
When you sell your products on marketplaces , you should always consider the payment term offered by the e-commerce platform. Thanks to a fast payment method , you can immediately renew your stocks.
The faster you renew your stock and inventory, the better sales you do on marketplaces. By getting paid after 2 days, you won't have to look for working capital. The money you will receive from the online sales platform will allow you to finance your activity.
Speed up payment on the marketplace to better negotiate with your suppliers
If you do not want to find yourself in shortage if fund, you have to know how to negotiate the payment deadline with your suppliers. The way to do this is to receive your commissions and profit on time & you will be able to pay your bills quickly .
Generally the payment period for suppliers is legally set at 30 days after receipt of the goods. So if you receive your marketplace commissions after 2 days, you will not be late in paying money to supplier. Thus, you will be able to establish a relationship of trust with your suppliers and have an advantage over your competitors.
Get paid in 2 days by the marketplace to open up to new product categories
To sell better on marketplaces , it is sometimes necessary to vary the product categories . Instead of waiting 20 to 40 days to get paid, go with a much faster payment method. Thus, the payment period offered by the e-commerce platform will not stop on your business activity.
In order to receive your commissions quickly , you need to collaborate with a specialized service provider, vary your products and choose a marketplace that suits you.
Receive your payments on D + 1 to increase your turnover on the marketplace
No need to look for additional investments, receive your payments on D + 1 & you will be able to stock up and sell a lot more after your accounts are settled. If you have for example an initial stock of 10,000 euros, you can multiply this figure after receipt of your payments.
To take advantage of the advantages mentioned above, create your account on a specialized service. To quickly increase your turnover , Qashflo is able to pay you on D + 1 . Active on several platforms, it is eligible for all orders from a marketplace . So you can register on as many marketplaces as you want. You will no longer have to wait 20 to 40 days to receive your payments.