The rise of cyber-shopping has created prospects for investors and business owners.
Ascend CapVentures, a leader in this field, presents an opportunity for individuals seeking to explore the lucrative world of online commerce.
What Does Ascend CapVentures do exactly?
Founded in 2020 by Will Basta and Jeremy Leung, Ascend CapVentures is a leading wholes distributor and e-commerce seller management company.
The company provides comprehensive services for launching, operating, and scaling online stores, offering a hands-off experience for clients.
Ascend CapVentures is based in Los Angeles, CA., with warehouses and prep centers in Texas, Florida, New York, and Michigan.
The company’s services include brand licensing, product sourcing, customer review management, tax return assistance, and more.
Ascend prides itself on its commitment to clients, offering a buy-back guarantee if wholesale products don’t sell within 90 days or if the client doesn’t generate a profit on their total investment, which starts when the products are listed on the storefront.
With a team of over 400 experts and a network of exclusive licensing partners, Ascend CapVentures is a one-stop solution for e-commerce needs.
The company has a strong track record, with most client stores reaching over $10,000 in monthly net profits within the first year. E-commerce is largely considered to be a profitable investment if done correctly.
Further Exploring What Ascend CapVentures Offers
Ascend CapVentures offers white-glove e-commerce store management services that simplify establishing and maintaining an online store.
This process has played a role in helping hundreds of Ascend’s clients achieve their investment returns and growth targets. With a team of 200+ E-commerce professionals, Ascend CapVentures provides exceptional done-for-you services such as:
● Amazon FBA management and deployment
● Walmart store management and deployment
● E-commerce store automation
● Product sourcing and fulfillment
● Market research and more
Key Success Factor
Some people may think of shopify when they hear e-commerce, but data retained by Ascend Capventures shows that Amazon and Walmart e-commerce is still leading global sales.
A key aspect of Ascend’s success lies in its hybrid model that combines cutting-edge infrastructure with proprietary product sourcing and logistics strategies. This winning combination has already paved the way for more than 700 prosperous Amazon FBA businesses to flourish under Ascend’s guidance.
A Process Engineered For Success
The Ascend team uses a designed process to ensure success within specific timeframes and meet desired store sales goals. One person says they make over 50k selling through e-commerce.
Once the group reaches these targets, they can choose additional options to accelerate business growth. This package includes services that can help you build your brand, expand to platforms, and add private-label products without much effort.
Ascend CapVentures guides their clients through the entire process and demonstrates how investing in e-commerce with the right management team is secure and successful.
Customer Satisfaction
Ascend CapVentures goes the extra mile to ensure customer satisfaction by guaranteeing secured inventory.
If any wholesale stock fails to sell within 90 days, they promise to either refund or replace it; this is one way Ascend CapVentures builds trust with its clients.
What sets Ascend CapVentures apart is its commitment to delivering a promise of virtually guaranteed store sales. If a client doesn’t see a positive uptick within a reasonable timeframe, Ascend offers to buy back their store, ensuring they still make a profit.
Global Presence and Expansion Plans
Apart from its services, Ascend gained recognition for its global presence. Currently operating in the USA, UK, Canada, and UAE markets; they have plans to expand into more regions by the end of 2023 or early 2024.
Additionally, they have established manufacturing partners in Greece, Mexico, Colombia, Vietnam, and China, emphasizing Latin American manufacturing for their private label division.
Customer Reviews
Clients consistently rave about their experience with Ascend CapVentures. They enjoy an online rating of 4.5 out of 5 stars and an overwhelming satisfaction rate of 94%.
Investment Opportunities with Ascend CapVentures
For those seeking investment opportunities in the thriving e-commerce sector, Ascend CapVentures presents a proposition:
The company provides a chance for Amazon sellers to expand their businesses and reach their growth objectives, backed by a team with expertise and a history of success. With the e-commerce industry constantly evolving, Ascend CapVentures is well-positioned to assist clients in taking advantage of this trend and achieving success.
Is the e-commerce industry worth investing in? If you can source good products and manage a store, the answer is yes. Don’t have time to do that? Then partnering with an established company like Ascend is recommended.
However, if you start the e-commerce process on your own and don’t have the time (or an experienced person to manage and assist the entire process), it could be more of an expense than an investment.
Company Leadership
Let’s take a look at who’s behind the eCommerce powerhouse and management firm.
Will Basta is the co-founder and CRO of Ascend CapVentures, an e-commerce management company established in 2020.
With over 10 years of experience in the tech, e-commerce, and business strategy sectors, Basta has played a crucial role in the innovative growth of multiple companies prior to Ascend Capventures Ecommerce management.
His strategic approach has been instrumental in Ascend’s growth.
Jeremy Leung is the COO of Ascend CapVentures. He is known for his compassionate leadership style and commitment to social change.
At Melbourne University, Leung initiated the Changemakers 2020 program, which led to over AUD$30 million in new revenue for local charities.
He later served as an adviser to Australia’s Foreign Minister, Julie Bishop MP, playing a key role in the New Colombo Plan, promoting the internationalization of Australian education. His visionary leadership continues to influence business and societal change.
Both Basta and Leung are also official members of the Forbes business council.
E-Commerce, Amazon, And The Future
As we progress further into the internet era, the appeal of e-commerce investment opportunities continues to grow. Amazon, a formidable force in online shopping, is an example of the profit potential within this industry.
Although its stock (NASDAQ; AMZN) experienced a 50% decrease year, recent developments announced during the NewFront 2023 event indicate signs of recovery. These include introducing content under Amazon Freevee and an upcoming Amazon Music Live season.
As of July 20, 2023, Amazon’s stock price has rebounded to $127.90, reflecting its immense market capitalization of $1.338 trillion and underscoring its position in the market; however, like any thriving entity Amazon faces its share of challenges.
Concerns have arisen regarding diminishing margins and market share for Amazon Web Services (AWS) while their performance in e-commerce could be better.
It would be unwise to underestimate Amazon’s resilience and innovative capabilities. The company actively explores frontiers by venturing into AI chip development and making promising advancements in AI technology.
Despite past downturns in Amazon’s stock prices, E-commerce remains one of the most profitable investments.
Although the AI chips currently have some catching up compared to their competitors, they hold potential in the run and can significantly contribute to Amazon’s growth.
Further, analysts are optimistic about the outlook predicting a resurgence in AWS revenue. Many expect this renewed interest to attract investors.
It’s evident that despite short-term challenges, Amazon’s diverse business model and continuous innovation make it an enticing prospect in the realm of virtual merchants and consumers.
In sum, the e-commerce industry, led by giants like Amazon, offers a dynamic landscape for investment with profit potential. It embodies the essence of the age by combining technology and commerce.
Potential investors should stay updated with the developments and trends within this industry since e-commerce is not a future concept—it’s already here.
Check out these tips for e-commerce consumer tips