Ascend Ecom Works to Bring Transparency to the Ecommerce Industry
LOS ANGELES, CA / ACCESSWIRE / March 18, 2022 / Over the last few years, a new trend in ecommerce has arisen: companies that create and manage their clients’ online stores that sell products through Amazon and Walmart. Clients can potentially earn passive income, as the company handles everything from choosing products, to shipping, to invoicing. With everything existing in the virtual space, however, and the company often based in a city that is different from its client’s, there is the possibility of fraud. It’s a problem that the team at Ascend Ecom , including its founder, Will Basta, care deeply about and set out to help solve when they began building and running online ecommerce stores for people interested in potentially diversifying their income streams. The Problem of Fraud in Ecommerce
In the old days, brick-and-mortar stores made owning and running a business relatively simple. If you hired someone to manage your bike shop, for example, you could stop in on any given day, take a look at the books, see how business was going, and in general check to make sure everything was on the up and up.
Online stores have changed that model. Investors still have an asset that has the potential to produce cash, appreciate, and be sold, but it’s in the digital space. They are no longer able to look over their manager’s shoulder so easily. Instead, they must trust that the person or company managing their online business is truly shipping those orders and paying the profits they are owed.
Is it really so surprising, then, that as it becomes more popular to own a digital store run by a third party, there is the possibility of fraud?
Ascend Ecom’s Solution: Bring Transparency Into Ecommerce
Ascend Ecom states that to combat the bad actors the […]
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