Ecommerce Exits Podcast | Inside look at Building, Buying, Selling and Scaling Ecommerce Businesses

China vs The World: Impact of Covid and Sourcing New Products with Nathan Resnick, CEO of Sourcify


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Nathan Resnick, CEO of Sourcify, brought to life 100 products and projects by democratizing manufacturing. He shares his strategies given the current pandemic as well as the looming trade war of the US with China.

~WHAT YOU’LL LEARN~ 

  • Working with China in the time of the Pandemic 
  • Effects of the Trade Tension of the US with China 
  • How to get started with Sourcing 
  • Trends and Tips 


~KEY POINTS~ 

  1. China remains to be the biggest possible manufacturing partner given that requirements for orders are very low. Other nations would be working with bigger companies that have bigger order volume.
  2. Diversification of supply source would depend on the particular country given that each country would have its own expertise.
  3. When sourcing, it is important that your specifications are ready, especially if the item is customized. This prevents miscommunication and loss on both parties.
  4. There is a rise in single product funnels that have a possibility for upscales and cross sales in the ecomm community.

~CONTACT DETAILS~

  • Nathan Resnick on LinkedIn or Twitter
  • www.Sourcify.com
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Ecommerce Exits Podcast | Inside look at Building, Buying, Selling and Scaling Ecommerce BusinessesBy Nate Ginsburg, FBA E-Commerce Expert and Strategist

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