How to Create a Negative Cash Conversion Cycle & Scale Faster

[DTC]( The ✨Cash Conversion Cycle✨ is a metric that expresses the number of days it takes for a brand to convert its inventory into revenue. If you're a founder, can you genuinely answer this question without opening a google sheet or asking your finance team? [Plastiq helps DTC brands shorten the cash conversion cycle]( by enabling later payment of large expenses such as inventory, advertising, and shipping costs via credit cards. 🔊 “We use Plastiq to pay Vietnam vendors with a next-day wire transfer. Facebook ad spend for January doesn’t have to be paid off until April. ” - Jason Rappaport, UniversalStandard.com 👉 [Pay with Plastiq to float expenses cash up to 60 days.]( Here's how the Obvi team used Plastiq and the Parker Card to scale their brand to $30MM. 🔊 “Plastiq can help you extend the time to pay off expenses so you can keep your burn rate down and delay payment until after you’ve already made the sale. We layer as many of our expenses as we can paying on our Parker card with Plastiq. What we get out of this... Taking All ACH and Wire payments and getting Net 60. We approach our vendors and ask them, 'if we pay early, can we save 2% on our invoice?' Many of them say yes, which gives us the ability to pay later & save $! This allows me to sell through my inventory quicker than I have to pay for it” -Ronak Shah, CEO, Obvi 🥵 Register and make your first payment on Plastiq by Aug 30 for a $100 rebate. [Get started in under a minute!]( [Fueled by Pilothouse] [Share]( [Twitter]( [Facebook]( [LinkedIn]( [Advertise with DTC]( | [Work With Pilothouse]( At Direct to Consumer, we are strongly committed to protecting your privacy and providing a safe & high-quality online experience for all visitors. We understand that you care about how the information you provide to us is used and shared. We have developed a Privacy Policy to inform you of our policies regarding collecting, using, and disclosing information we receive from our Website users. Federal Filing operates the Website. Our Privacy Policy, along with our Terms & Conditions, governs your use of this site. By using directtoconsumer.co or accepting the Terms of Use (via opt-in, checkbox, pop-up, or clicking an email link confirming the same), you agree to be bound by our Terms & Conditions and our Privacy Policy. Suppose you have provided personal, billing, or other voluntarily provided information. In that case, you may access, review, and make changes to it via instructions found on the Website or by emailing us at team@directtoconsumer.co. To manage your receipt of marketing and non-transactional communications, you may unsubscribe by clicking the "unsubscribe" link located at the bottom of any marketing email. Emails related to the purchase or delivery of orders are provided automatically – Customers cannot opt-out of transactional emails. We will try to accommodate any requests related to the management of Personal Information in a timely manner. However, it is not always possible to completely remove or modify information in our databases (for example, if we have a legal obligation to keep it for specific timeframes). If you have any questions, reply to this email or visit our Website to view our official policies. [Unsubscribe]( Pilothouse, 1011 Government St., V8W 1X6, Victoria, BC V8W 1X6, Canada