How Souvy became Benelux's premium kitchenware provider

Challenge

Traditional funding options held them back from capitalising on a new market

‍

Souvy was a household name in their domestic market and they’d seen steady growth for years in the Netherlands. But there was opportunity to expand and double down on growth in the neighbouring markets of Luxembourg and Belgium. Both of which could be achieved via access to marketing capital. 

‍

However, like many emerging ecommerce businesses, Souvy struggled to secure funding from traditional providers. After years of self-funding, it was time to look for an alternative.They needed an option that would allow them to keep control and ownership of the business while continuing to operate at speed.

Solution

Uncapped marketing advances accelerated their growth

‍

Souvy no longer needs to self-fund or struggle to secure traditional funding providers. With Uncapped they've already been approved for multiple advances in 2022 totalling over £60,000. 

‍

This funding frees them up to focus on highly targeted marketing techniques as well as to invest in Facebook marketing campaigns and search engine optimisation (SEO).

‍

And the results speak for themselves. Souvy has 10x’d their web traffic which has led to 8x growth in revenue. 

‍

Uncapped has taken away Souvy’s worry of cash flow restraints and access to marketing capital. Now, this culinary brand is free to continue exploration of international opportunities, diversifying their product offering and forging a new standard of culinary excellence. 

‍

Souvy and Uncapped have an ongoing partnership and continue to explore new ways of sustaining and scaling the brand’s growth.