Despite all the progress made in eCommerce, our supply chain — web publishers and app developers — is still suffering from archaic payment schemes like Net 30, Net 90, or – even worse – Net 150.
Why are Business Payment Terms Stuck in the 20th Century?
Technology allows businesses to receive revenue for goods and services immediately, electronically, and on multiple platforms, but modern suppliers—especially freelancers, app developers, and publishers—are still getting paid on archaic Net 30 (or worse, Net 60, 90, 150) terms.
Let’s Talk About Money
For businesses to grow, we need to become comfortable talking about money, developing payment terms that work, and expecting on-time payments from our customers.
A Publisher’s Market
Marketplaces need more publishers and need more high quality traffic to grow and stay competitive. This power shift from marketplaces to publishers has been a long time coming.
