Leveraging IoT for eCommerce Success: A Case Study of BuyCBDSupps
Technology Category
- Platform as a Service (PaaS) - Application Development Platforms
About The Customer
BuyCBDSupps is a US-based eCommerce startup that operates a multi-vendor platform for CBD products. The company was founded in March 2020 with the aim of creating a brand of supplements with CBD. However, due to financial reasons, they decided to start with a multi-vendor platform where they could sell their own product and also allow other vendors to sell CBD products. The company plans to sell their products across the entire United States, complying with local and federal regulations. They also have plans to expand their operations outside of the US in the future.
The Challenge
BuyCBDSupps, an eCommerce startup based in Oregon, US, was founded in March 2020 with the initial plan to create a brand of supplements with CBD. The company aimed to establish a multi-vendor platform where they could sell their own product and also allow other vendors to sell CBD products. However, the founders faced several challenges in the early stages. The process of researching and choosing the right multi-vendor platform was intimidating due to the plethora of options available and the varying opinions and suggestions about them. Additionally, the varying legislation behind selling in various states in the US posed a significant challenge. The founders also had to navigate the complexities of the CBD industry, where there are many restrictions and regulations.
The Solution
BuyCBDSupps chose Yo!Kart as their multi-vendor platform, a decision they have no regrets about. The platform provided them with the necessary tools and features to establish their online marketplace. The founders also appreciated the personal experience and support they received from the Yo!Kart team, which went beyond just providing a platform. They were able to establish a relationship with the team, which helped them navigate the challenges of setting up their business. The founders also emphasized the importance of thorough research and understanding of the industry and its regulations. They advised other businesses to read all the legislation very carefully before starting and to be prepared for bumps in the road.
Operational Impact
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