E-Commerce Success Stories » Sunflower Ideas Marketplace Payouts Success Story
INDUSTRY
Home and Garden
CHALLENGE
Growth stymied by Amazon restrictions, costly inventory purchases, and slow payouts.
RESULTS
Doubled Amazon sales a month after getting SellersFi Working Capital and Prepaid Business Card.
SOLUTION
—Sansarah Beermann, Founder of Sunflower Ideas
Founded in 2020, Sunflower Ideas quickly became an Amazon hit in the home decor category, reaching a healthy $90,000 per month in revenue by November of that year.
The visionary behind this rising-star brand is entrepreneur Sansarah Beermann. Pre-pandemic, Beermann was a sales executive for a prestigious hotel. In that role, she had traveled the globe learning and improving the hospitality industry with her 10+ years of hotel management experience.
When the pandemic hit and travel ceased, Beermann redirected her entrepreneurial skills to e-commerce.
Just as Beermann was finding her e-commerce footing, Amazon changed its rules and increased its fees, threatening Beermann’s budding business.
“Within a year, e-commerce changed so much due to the pandemic. Marketplace rules and processes got stricter. Before, we were drop-shipping from suppliers to Amazon, but we had to change all that and reinvent our model,” said Beermann.
Amazon’s rule changes meant that Beermann had to move from drop-shipping to purchasing inventory outright. This added multiple layers of paperwork, logistics, and costs. With an increasingly complicated cash-intensive process enforced by Amazon, Sunflower Ideas’ margins were dropping fast.
Beermann adapted by moving into private labeling her purchased inventory. This relieved some of the pressure, but not all as it required large amounts of capital for inventory acquisition and branding. This capital took months to recoup between ordering and selling and getting paid for those sales. Add to this Amazon’s notoriously slow payouts, and Beermann’s cash flow was stalled.
Given the length of the inventory-to-payment cycle, Sunflower Ideas paused business for a month to rethink its strategies and create a better model that closed the cash flow gaps.
—Sansarah Beermann, Sunflower Ideas, describing a challenge faced by all Amazon sellers.
Like many sellers, Beermann initially tried to manage Sunflower Ideas’ capital needs with credit cards. But as sales increased, the brand needed a funding solution that could scale along with the growing business.
After exploring funding options from multiple providers and finding none that met her needs, Beermann was introduced to SellersFi by a friend. Almost immediately, she knew she’d found the right partner to support her business.
Here’s what made the partnership a great fit for Sunflower Ideas:
Beermann chose a low-interest loan as well as the SellersFi Prepaid Business Card, giving her capital, cash, flow, global purchasing power, and cash back on her purchases. Her funding was a custom solution created with her needs in mind.
—Sansarah Beermann, Founder of Sunflower Ideas
The moment Beermann received capital from SellersFi, she invested in her business. She knew the sooner she started, the sooner she would see results. And that’s exactly what happened!
With SellersFi funding in the form of a credit limit in December 2021, Beermann invested in her business. Later that month, she hit $133,000 (up from $90,000 in the previous month). The he month after Sunflower Ideas got funding, the brand sold $180,000, doubling sales.
With the credit limit providing capital and cash flow and the SellersFi Prepaid Business Card giving Beermann ASAP purchasing power in nearly 200 countries, Sunflower Ideas went from scrambling to close the inventory-to-sales gap to having more than enough capital to buy goods, advertise, and develop new products.
With SellersFi’s backing, Beermann put her energy into continuing to transform Sunflower Ideas into an Amazon powerhouse by focusing on the revenue-generating tasks that matter.
—Sansarah Beermann, Sunflower Ideas
In early 2024, we made the decision to sunset Prepaid Business Card. This decision was made in an effort to further develop existing funding solutions and expand our comprehensive solutions. For more information on our available products and services, check out our suite of e-commerce products.
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