DOVER, Del., October 30, 2022 /PRNewswire/ — Online shoppers love marketplaces for the convenience of shopping, wide product selection, frequent new arrivals and cross-brand promotions. Marketplaces are the most successful ecommerce businesses out there, and all of the most popular shopping categories are run by women. Nevertheless, market founders have to contend with a lot of headwind. Our goal at Vendo is to unlock the business opportunities of the marketplace for female founders. And here’s how to do it.
# The ugly truth is that female founders have to work harder and suffer more rejection than their male counterparts.
It’s a well-researched, reported, and widely accepted fact that there is a gender gap when it comes to raising VC money. Especially in the multi-vendor marketplace space, which used to be quite complex and demanding.
# Vendo is changing that by empowering female marketplace founders the most.
Vendo offers founders a $5,000 Credit for customer success services leading to marketplace go-live.
This $5,000-Value support package typically includes a series of goal-oriented workshops with Vendo co-founder, Mike Faberincluding:
- An introduction to the professional and personal background of the marketplace founders, the business idea of the marketplace, the underlying business model and the available resources,
- A deep dive into the supply and merchandising side of the marketplace: product categories, sourcing for vendors, vendor onboarding, merchandising and product catalog maintenance, vendor operations, analytics and reports, SLA monitoring, customer care, payment reconciliation, invoicing, market taxes,
- A comprehensive discovery call to the demand side of the marketplace: customer profile(s), customer acquisition, the marketplace money-making formula, buying UX and customer journey, upselling and cross-selling techniques with network effects, loyalty and brand ambassador programs,
- A workshop to formulate the go-live plan, schedule, resources,…
