Avoiding the eCommerce Rabbit Hole: Factory Pure's Approach with Michael & Eugene Ravitsky
September 21, 2023
What is the most important thing when growing a successful eCommerce business? Is there a model for a successful eCommerce business? What you should pay attention to avoid falling into the rabbit hole. What are the challenges eCommerce businesses face today, and how can you overcome them? Brothers Michael & Eugene Ravitsky, founders of Factory Pure, a company constantly on the list of the fastest-growing private companies in the US, share their success stories.
Avoiding the eCommerce Rabbit Hole: Factory Pure's Approach
FactoryPure is a small family eCommerce business specializing in power equipment, HVAC, and home appliances, with an extensive assortment of other product categories. They are an authorized dealer of every brand they carry. They've been present on the market for more than 10 years, with a headcount of 15 and 100% + CAGR since 2015. They have no debt or outside equity and are consistently on Inc5000 and Financial Times lists of the fastest-growing private companies in the United States.
Michael Ravitsky is one of the founders of FactoryPure, the eCommerce company in 104th place on the list of the fastest-growing private companies in the United States in 2022. He’s in charge of handling some of the back-office stuff regarding the company, such as accounting and invoicing.
Eugene Ravitsky the founder of FactoryPure, specializes in marketing, researching relevant search keywords, and managing AdWords campaigns, resulting in 300% year-over-year growth. He’s in charge of communication with customers and suppliers, website content management for SEO and marketing purposes, interviews, hiring and training employees, and coordinating migration between web store platforms and integration of various applications.
The No.1 eCom Operations hack
An app is not necessarily a substitute for paying somebody to do something.
You Will Learn
- Why multi-vendor marketplaces are not the best eCommerce solution.
- What should you pay attention to when starting an eCommerce business.
- Why automation is crucial when your business starts to grow.
Let’s keep learning and growing together in the world of eCommerce!
If you want to learn more about our podcast or have an exciting story to share with our audience, check SyncSpider’s website for more info.
If you want to learn more about our podcast or have an exciting story to share with our audience, check SyncSpider’s website for more info.