It’s no secret that big data is rapidly changing the way companies do business. Now, more than ever, it’s vital to have a data-driven strategy to stay competitive in today’s constantly evolving marketplace.
A successful strategy not only requires a clear vision of your business goals, but also being able to:
- Effectively identify and manage multiple sources of data
- Build an analytics model for predicting and optimizing outcomes
With so much information out there, it can be overwhelming to sort through it all. And that’s why we’re here – to eliminate the guesswork and help you make decisions with confidence. As an advocate of data science and building data-driven processes, our mission is to help you understand and grow in the ecommerce market.
Focusing on What Matters: Smart Technology and Credit Solutions
Traditional lenders use standard credit assessment models to pre-approve borrowers. SellersFunding, on the other hand, uses the latest technology to assess the creditworthiness and financials of potential borrowers. Unlike other lenders, we leveraged our expertise on marketplace dynamics and used artificial intelligence to develop a proprietary risk assessment that is unmatched.
Knowledge is power, especially as an Amazon seller. You want to know your score and more importantly, how you stack up against the competition. Our goal is to improve the transparency and information available to sellers.
With a database containing three years of data and sales metrics of 1.5 million Amazon sellers in the U.S., our technology allows us to accurately forecast sales ranging from 30 to 180 days.
To understand and project sales performance of online sellers, our proprietary artificial-intelligence model analyzes data generated through dozens of metrics. Our Prediction Model forecasts with more than 95% accuracy the following 90-days sales performance. This allows us to project the maximum borrowing power for applicants and deliver fast and flexible credit solutions to marketplace sellers. Our next generation model will also allow us to analyze and estimate margins and sales velocity of their applicants.
By taking the headache out of manual applications, and analysis of loan approvals, SellersFunding focuses on what matters by building a robust business offering through constant improvements. This allows our clients to focus strictly on growing their business.
Saving Time with Accurate, Automated Data
Many companies waste countless hours manually transferring data, giving them less time to concentrate on what’s important: creating new products to sell on Amazon. This is where A2X Accounting comes in.
In terms of efficiency, A2X makes data collecting easy using accounting software such as Xero and QuickBooks. Accurately recording all the information on an accrual-accounting basis, sellers are given a clear picture of their financials based on value flows rather than cash movements.
By providing accurate numbers that are updated in real time as sales come in, Amazon sellers can gain reliable insights into the financial position and health of their business. The information recorded by A2X software allows sellers to have a better idea of the amount of stock they need for each SKU, and how these stocking requirements vary by season.
The bottom line
Technology and data are better than opinions. With the combined insights of SellersFunding and A2X, Amazon sellers can develop a data-driven strategy they need to get ahead of the game and grow their business.