GENERAL FAQs
HOW DOes DRVE DO DIGITAL MARKETING?
Our team’s accumulated experience, expertise and track record are complemented by automated systems and algorithms that work across multiple platforms/channels. This allows DRVE to work across a wide spectrum of products, brands, categories and markets with a data-based approach to scale online sales. By investing our own capital into the marketing of our partners, DRVE is performance based and aligned with partners to constantly seek and develop growth opportunities.
In addition, DRVE partners with a variety of industry leading platforms and networks which the founders in our programs can access.
WHAT IS DRVE's TAKE ON GROWTH?
At DRVE when we refer to growth, we refer to actual realized revenue via online sales. We do not require an upfront budget or bill you hours for our efforts, our programs are solely aligned with the actual revenue we generate for our partners. We believe that every business should strive to achieve positive cash flow and profitability.
WHAT MARKETS is DRVE ACTIVE IN?
DRVE has a global mindset that has enabled us to reach and succeed in markets across the world over. Our experience, diverse team and know-how make us an ideal partner to conquer new markets and execute regional expansion while achieving actual online sales growth.
WHAT CHANNELS DOes DRVE WORK WITH?
DRVE connects with key ecommerce channels and platforms, algorithmically determining how capital can be allocated for performance towards your paid digital marketing campaigns.
VELOCITY PROGRAM
Why is Velocity a program? Is it modular? Is there a timeline?
Velocity is an ongoing program built to scale and accelerate online sales growth. It is neither a financial product nor a service-based offering but a hybrid that can plug into businesses and brands selling online. DRVE runs a standardized process to qualify and select businesses onto the Velocity Program that has a growth and data-driven approach to managing the online acceleration of each business.
Does Velocity Program always include paid marketing financing?
Yes, the core of the Velocity Program is funding for paid marketing managed by our experts and systems. Businesses on our Velocity Program are also eligible to receive additional investment such as equity and/or advances to ensure the business can keep up with growing sales.
Who is VELOCITY PROGRAM for?
The typical founder joining Velocity runs a company with a small team and has an online sales track record of $ 50k. Velocity interfaces with your existing brand voice across all channels to synchronize and amplify your online presence.
Additional criteria is:
- A unique product or service sold online
- In business for 12 months or more
- A website built for online sales
- Incorporated in the European Union, UK, Canada, USA, Singapore, Hong Kong SAR, Australia or New Zealand
- Social proof and active content strategy
- Online revenue: $ 50k per month
- Industries we look at: consumer goods, luxury/jewellery products, beauty/cosmetics, baby goods, consumer electronics, interior decor, subscription boxes, mass appeal sport equipment, nutrition/supplements and in few cases SaaS or Consumer Services that fit above criteria.
How and when can I apply?
We accept applications on a rolling basis. Fill out the form here and find out if you qualify for one of our programs.
Once qualified, how long does it take to get up and running?
Once you have qualified, our onboarding process usually takes between 3 – 10 days to integrate all systems, review your existing paid marketing setup and design a strategy. After this, our team will kick off the campaigns and test different channels for growth.