Ascend CapVentures: Are they legit? 2023 Review

Ascend CapVentures

Ascend CapVentures is a full-service e-commerce automation company that lends its expertise to clients seeking to build, scale, and manage their online ventures, particularly on Amazon and Walmart platforms. This blog post will provide an in-depth look at Ascend CapVentures and its services, team, investment requirements, sales generation strategies, client success stories, and more. 

First: Are they legit? 

Yes, Ascend CapVentures is a reputable company, but there are details you need to know.

Key Takeaways

  • Ascend CapVentures is a full-service e-commerce automation company that offers comprehensive services to assist clients in their journey.
  • Investment options with an ROI of 20% or above, and average return within 5-8 months are available.
  • Clients benefit from streamlined onboarding process, dedicated team support and privacy/security protocols for data protection.

Understanding Ascend CapVentures

Team at Ascend CapVentures

Ascend CapVentures, a logistics company, offers a comprehensive range of services to its clients, assisting them in every step of their e-commerce journey. Services include:

  • Brand licensing
  • Product sourcing
  • Responding to customer reviews
  • Assisting with annual tax returns

Upon onboarding, Ascend CapVentures takes responsibility for all aspects of the process, allowing clients to focus on their core business while Ascend takes care of the rest.

As a full-service e-commerce automation company, Ascend CapVentures has established itself as a key player in the e-commerce industry. The company was founded by Will Basta and Jeremy Leung, who have driven Ascend’s growth and success with their extensive backgrounds in technology, e-commerce, and logistics.

Services Offered by Ascend CapVentures

Ascend CapVentures provides an array of services to help clients succeed in the e-commerce space. These services include:

  • Brand licensing
  • Product sourcing
  • Logistics
  • Marketing
  • Account management

The company’s brand licensing services offer access to established and recognized brands from multiple companies, exclusive products, and partnerships with a wholesale distributor through a service agreement.

Ascend CapVentures handles all aspects of product sourcing and scaling for the store. They offer the following services:

  • Leveraging advanced technologies and strategies to identify the best products in the online market for their clients
  • Working with exclusive licensing partners
  • Providing a fully automated e-commerce business, allowing clients to diversify their investments in this sector.

The Team Behind Ascend CapVentures

The team at Ascend CapVentures is an integral part of the company’s success. Co-founders Will Basta and Jeremy Leung both hold over a decade of experience in technology, e-commerce, and logistics. Will’s extensive experience and enthusiasm for innovation and entrepreneurial success have propelled Ascend CapVentures to the forefront of the e-commerce industry.

Jeremy, on the other hand, holds a CEO position in Ascend CapVentures. He brings a wealth of logistics and commerce expertise from top international agencies. His role at Ascend CapVentures has been instrumental in serving numerous clients in the e-commerce industry.

Investment Requirements and ROI

Investment Requirements for Ascend CapVentures

For those interested in partnering with Ascend CapVentures, the company offers two investment options: Ascend 360, for startup costs between $35,000 and $100,000, and Ascend Enterprise, for working capital of $100,000 and above. Both are managed by Ascend CapVentures’ own team of e-commerce experts, providing clients with immediate access to their comprehensive e-commerce services.

Ascend CapVentures’ clients can anticipate the following:

  • A return on investment within 10-15 months
  • The majority of profits generated in the latter half of the first year
  • Returns on investment of 20% or above, as reported by clients
  • On average, a return on investment within 5-8 months
  • A profit split of 60/40

Nonetheless, considering your individual circumstances and conducting your research is advised.

Minimum Investment and Working Capital

Regarding the minimum investment, Ascend CapVentures necessitates an initial investment of $35,000 for working capital, covering the associated setup costs. This investment is separate from the capital allocated for inventory and is instead utilized to finance charges and team operations.

Expected Return on Investment (ROI)

The return on investment for Ascend CapVentures’ clients hinges on various factors such as:

  • The efficiency of logistics and fulfillment processes
  • Product sourcing strategies’ success
  • E-commerce stores’ growth and performance
  • The company’s knack for innovating in the e-commerce market

Clients usually recover their first investment within a period of 10-15 months. It occurs after the initial sale is made.

Sales Generation and Growth Strategy

Sales Generation Strategy at Ascend CapVentures

The company’s effective sales generation and growth strategy significantly contribute to the success of Ascend CapVentures’ clients. After partnering with Ascend CapVentures, clients can typically anticipate sales generation within 90-120 days. This is achieved through Ascend CapVentures’ hybrid (FBM) model, which enables stores to source products while Ascend manages fulfillment, allowing for sales to non-prime consumers.

To support clients in business expansion, Ascend CapVentures utilizes various growth strategies and sourcing models. These include:

  • Wholesale
  • Arbitrage
  • Private label
  • Direct-to-customer sourcing models

These business strategy techniques aid in the growth and scaling of clients’ stores.

Timeline for Generating Sales

Partnering with Ascend CapVentures is the first step towards sales generation. It typically takes between 90-120 days for sales to begin after this initial stage. The process includes:

  • Consultation with experts
  • Smooth onboarding
  • Efficient store building
  • Monitoring store growth and sales performance

However, the timeline can vary depending on the product, supplier, and external elements such as market trends or competition.

Growth Strategies and Sourcing Models

Ascend CapVentures utilizes a combination of sourcing models to facilitate growth and scaling of their clients’ stores. These models include:

  • Wholesale sourcing, which provides access to products in bulk at a discounted price
  • Arbitrage sourcing, which takes advantage of price disparities between identical or similar assets in different markets
  • Private label sourcing, which involves creating and selling products under your own brand
  • Direct-to-customer sourcing, which involves selling products directly to customers without the need for intermediaries

By utilizing these different sourcing models, Ascend CapVentures is able to offer their clients a variety of options for sourcing products and growing their businesses.

Private label sourcing allows Ascend CapVentures to create unique products that can be offered at a premium price, and direct-to-customer sourcing enables the acquisition of products at a cost-effective rate for resale at a higher price.

Client Success Stories and Reviews

Client Success And Complaints

Ascend CapVentures has a proven track record of client success, boasting positive feedback, high Trustpilot ratings, and impressive sales figures. The company proudly showcases testimonials from clients who have achieved remarkable growth and success, attributing to Ascend’s growth. With an 80% 5-star rating on Trustpilot, Ascend CapVentures has clearly made a positive impact on its clients’ businesses.

Ascend CapVentures has served more than 800 clients, assisting them in establishing, launching, and managing their e-commerce platforms. Their success is a testament to Ascend CapVentures’ commitment to excellence and client satisfaction.

Testimonials and Trustpilot Ratings

With an 80% 5-star rating on Trustpilot and 90 positive reviews out of 112, Ascend CapVentures has clearly earned the trust of its clients. Clients have described the company as a ‘game-changer,’ ‘impressive,’ and ‘a legitimate partner,’ demonstrating the company’s ability to exceed client expectations and deliver exceptional results.

Case Studies and Sales Numbers

Ascend CapVentures has a history of strong sales performance and client success. The company has:

  • Successfully served more than 700 clients
  • Offered a buyback option if wholesale products remain unsold after 90 days
  • Achieved a high success rate with each store they establish and manage
  • Implemented cutting-edge strategies

All of these factors contribute to their impressive sales numbers.

Comparing E-Commerce Opportunities With Ascend CapVentures

When comparing e-commerce opportunities, local lead generation can offer lower initial costs and higher profit margins, presenting itself as a viable option for businesses. However, Ascend CapVentures, an e commerce growth agency, distinguishes itself from other e-commerce opportunities by offering comprehensive services and extensive support for clients.

The company’s full-service approach ensures that all aspects of the e-commerce process, including direct to end customer delivery, are handled, allowing clients to focus on their core business and its business model.

Local Lead Generation

Local lead generation involves creating potential customers or leads for a local business or company. The strategy utilizes various tools and tactics to engage and capture the attention of potential customers in a specific geographic area.

Startup costs for a local lead generation business may vary from $500 to $25,000. With profit margins typically ranging from 5% to 20% or higher, it can be a potentially profitable alternative to e-commerce.

Ascend CapVentures vs. Other E-Commerce Opportunities

Numerous e-commerce opportunities exist, yet Ascend CapVentures distinguishes itself with its complete, done-for-you service. The company offers:

  • An expedited onboarding process
  • Comprehensive e-commerce management
  • A buyback option
  • Profitable e-commerce stores

This distinguishes Ascend CapVentures from other e-commerce opportunities.

Onboarding Process and Support

Onboarding Process Review

Ascend CapVentures presents a simplified onboarding process and dedicated team support, equipping clients with necessary resources for success. The company assists with LLC establishment, tax exemptions, and credit line acquisition for a smooth onboarding experience.

In addition, Ascend CapVentures provides comprehensive support from a team of 4+ client relations managers, as well as 24/7 assistance, ensuring clients are supported every step of the way.

Streamlined Onboarding

Ascend CapVentures ensures a smooth transition for new clients, offering assistance with LLC establishment, tax exemptions, and credit line acquisition during the onboarding process. These measures ensure that clients can focus on their core business from the start, with Ascend CapVentures taking care of the rest.

Dedicated Team and 24/7 Support

Providing dedicated support is a cornerstone of Ascend CapVentures’ approach. Clients receive comprehensive support from a team of 4+ client relations managers and have access to 24/7 assistance.

Ascend CapVentures has implemented a system that provides multiple communication channels, ensuring that clients can get the help they need at any time.

Ensuring Compliance, Privacy, and Security

Prioritizing compliance, privacy, and security, Ascend CapVentures implements measures to safeguard clients’ businesses and sensitive data. The company:

  • Complies with relevant laws and regulations
  • Uses privacy and security protocols like direct invoice sending and LLC setup to protect clients’ sensitive data
  • Has a dedicated team to oversee compliance measures, ensuring adherence to all regulations, from taxes to trademarks.

According to Ascend CapVentures reviews, they also offer comprehensive solutions, managing and optimizing their e-commerce businesses to navigate complex e-commerce regulations. The company’s dedication to compliance, privacy, and security highlights its commitment to client satisfaction and protecting client interests.

Compliance Measures

Ascend CapVentures seriously considers compliance, ensuring they adhere to all regulations, ranging from taxes to trademarks. The company assists clients in navigating e-commerce regulations, maintaining the highest operating standards, including ensuring compliance with all tax-related matters.

While the specifics of measures implemented to address and prevent trademark issues in e-commerce were not available, Ascend CapVentures maintains a dedicated team to oversee compliance measures, ensuring a high standard of operation for clients.

Privacy and Security Protocols

To safeguard client data, Ascend CapVentures has instituted several privacy and security protocols, including:

  • Direct invoice sending
  • LLC setup
  • Comprehensive security suite with monitoring, notification, and audit capabilities
  • Secure encryption protocols and communication channels for direct invoice sending

These measures are in place to ensure the protection of client information.

Though establishing an LLC doesn’t directly affect Ascend privacy and security protocols, the company formulates a privacy policy and undertakes necessary actions to protect personal and sensitive data.

Summary

In conclusion, Ascend offers a comprehensive service, assisting clients in building, scaling, and managing their online businesses. With a dedicated team, streamlined onboarding process, and a focus on compliance, privacy, and security, Ascend CapVentures ensures clients have the resources they need to succeed in the e-commerce space.

Ascend CapVentures Frequently Asked Questions

What is Ascend Cap Ventures?

Ascend CapVentures is a powerful organization combining logistics, wholesale distribution and e-commerce seller management. It is a leading E-commerce investment and logistics company founded by two experts with extensive experience working with tech startups and international e-commerce brands.

How much does Ascend Capital Ventures cost?

Ascend requires a minimum investment of $35,000 and offers a money-back guarantee after 24 months.

What services does Ascend CapVentures provide?

Ascend CapVentures provides comprehensive services such as brand licensing, product sourcing, logistics, marketing, and account management.

What is the minimum investment required to partner with Ascend CapVentures?

Ascend CapVentures requires a minimum investment of $35,000 for partner participation.

How long does it take to generate sales after partnering with Ascend CapVentures?

Partnering with Ascend typically results in sales generation within 90-120 days.