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E378: Start Preparing for the Holiday Season NOW

The EcomCrew Ecommerce Podcast · April 22, 2021 · 36 min

Summary

Shipping and logistics has become a nightmare (If it wasn't already). Between sea freight rates soaring 300%, massive delays in getting your shipments from China into Amazon warehouses, and Amazon making sellers bear the brunt of its inventory limits, a lot of ecommerce sellers are struggling to foot the bill.   In this episode, Dave and I break down this nightmarish sea freight situation and how it's affecting us personally in terms of margins and inventory management.    We also talk about some useful tactics and strategies we are putting in place to stay ahead of the curve and keep our businesses afloat (pun intended). Finally, we share our predictions on where this whole thing is going and why you should definitely be placing your entire holiday order right now.   Timestamps:  Breaking down the current mess that is shipping and logistics - 00:57 How much freight transit times and costs have soared - 05:02 It's actually impact to our margins - 8:11 Managing your inventory and taking advantage when your competitor runs out of stock - 13:26 How Amazon's capacity issues is putting the screws to ecommerce sellers - 16:30 Our predictions moving forward - 27:09   It's always a blast hav

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