eCommerce Momentum Podcast

eCommerce Momentum Podcast

By eCommerce Momentum PodcastBusinessEducation
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eCommerce Momentum Podcast episodes

  • 057 : Mitchell Lipp (aka Harvey Spectre) - Young Gun # 2 - Over $2,000,000 in sales last year out of his house - Scale is where you make it??

    My first takeaway from Mitchell was that he did over $2,000,000 and has failed (in a good way) to take on a personal warehouse. I think he has made me rethink some fundamentals (mine) and self-imposed limits I have. Now he does use a Prep company and credits them with allowing him to scale to the exceptional level he has. He still is a heavy RA buyer (really heavy in the 4th quarter!) and he and two others move mountains of material, so look really hard at whether you really need (or is it just nice to have) a warehouse before you pull the trigger. Mitchell might suggest it is a little premature and put your money into more inventory!

    This group of younger, newer sellers really has a bond, almost like they move in sync - as one, so take what you can from each of these interviews and think whether you should consider a group of like-minded sellers and more importantly can YOU add value to their business without expectation? That's when you hit the sweet spot!

    54 min
  • 056 : Matt Kelly – Young Gun # 1- Doubling Warehouse Space, Doubling Efforts, Doubling Focus!
     

     

    Matt is the first of the four "Young Guns" interviews in this series. (Note- Duane Malek and Karen Isgur-Bergsagel also are in the group and were interviewed earlier-I will have their interview links below) These four guys represent your real up and coming competition. They have no fear, they clear the shelf very quickly, they have youthful exuberance (Code for they don't get tired!) they will outwork us all! Not saying this to scare you, rather to say change up your game, make your move, take advantage as "First Movers", you don't know what you know! You take it for granted, but now is the opportunity to set yourself up for real success.

     

    Matt mentioned:

    Matt's Facebook 

    Jungle Scout - Jungle Scout's Extension will help you make decisions based on actual data, not intuition. With the click of a button, see a product's estimated monthly sales, Best Seller Rank, revenue, or other criteria that is critical in identifying profitable opportunities. Filter, organize, and export to CSV to aggregate and organize key data points to accelerate and inform your Amazon product research.

    Jungle Scout's Product Tracker found inside the Web Appwill monitor your competitors’ pricing, inventory, profit margins, and more. In the competitive Amazon marketplace, knowing what your competitors are doing is the difference between success and failure. The Product Tracker shows you the data you need to ensure a profitable product opportunity.

    Duane Malek's Interview

    Karen Isgur-Bergsagel's Interview

    Quotables:

    "I am buying some things in anticipation of selling next 4th Quarter"

     



     

    Golden Nuggets:

    It takes time to build a relationship with a store manager, start slowly and build it up over time. Make it win/win!
    0 min
  • 056 : Matt Kelly - Young Gun # 1- Doubling Warehouse Space, Doubling Efforts, Doubling Focus!

    Matt is the first of the four "Young Guns' interviews in this series. (Note- Duane Malek and Karen Isgur-Bergsagel also are in the group and were interviewed earlier-I will have their interview links below) These four guys represent your real up and coming competition. They have no fear, they clear the shelf very quickly, they have youthful exuberance (Code for they don't get tired!) they will outwork us all! Not saying this to scare you, rather to say change up your game, make your move, take advantage as "First Movers", you don't know what you know! You take it for granted, but now is the opportunity to set yourself up for real success.

    1 hr
  • 055 : Irma Dehoyos-Rojas – Applying an Ivy League education to a Growing Amazon eCommerce Business.. Want to guess what happens!
     

    Irma is the proverbial Coal Mine success story! (Ok not really but she did work in a coal mine!) This is one well-education seller. From undergrad at Princeton on to an MBA from Kellogg School at Northwestern University, Irma is destined (some would say programmed) for incredible business success. She delivers in a big way. What you are about to hear is someone who went to Business school, learned how to create, set-up and continuously run a successful business. I love the breakdown of steps, the consistent approach that we can all learn from. Sit back, listen once, take notes, contemplate, then go listen again and then create a plan of action and as Irma would say...Now go AND take action. (Most won't, so taking the first step already sets you apart. Go, go, go......

     

     

     

     

     

     

     

    Irma mentioned:

    Google trends - Learn what others are searching for

    Irma's Facebook

    Irma's email - [email protected]

    Quotables:

    "I get immediate feedback from selling on Amazon"

    "We don't know what we know or what we don't know"

    "I look for trends..I want to be at the BEGINNING of a trend, not at the end"

    "Having well-trained, reliable employees that you can count on, allows me to focus on what I love to do: Develop future bundles, find great sources for them and increase sales!"

    "If your dreams are not scaring you...they are not big enough!"



     

    Golden Nuggets:

    Spend out of meeting time with other sellers, that's where the real value happens at a conference

    Irma says she purposefully does not have a warehouse, she uses an office building, she does not want to carry inventory, she wants the best that Amazon has to offer

    Create a Learning Budget, where you spend time learning from others

     
    0 min
  • 055 : Irma Dehoyos-Rojas - Applying an Ivy League education to a Growing Amazon eCommerce Business.. Want to guess what happens!

    Irma is the proverbial Coal Mine success story! (Ok not really but she did work in a coal mine!) This is one well-education seller. From undergrad at Princeton on to an MBA from Kellogg School at Northwestern University, Irma is destined (some would say programmed) for incredible business success. She delivers in a big way. What you are about to hear is someone who went to Business school, learned how to create, set-up and continuously run a successful business. I love the breakdown of steps, the consistent approach that we can all learn from. Sit back, listen once, take notes, contemplate, then go listen again and then create a plan of action and as Irma would say...Now go AND take action. (Most won't, so taking the first step already sets you apart. Go, go, go......

    59 min
  • 054 : Brianna Moller Greene – As the phrase goes – Give a busy person something to do if you want it done! Amazon, Ebay, Etsy, Bonanza, Merch, Product Lists!
     

    Men we really need to step up our game! Get ready to realize we are not pulling our weight, we are getting crushed by the fourth in my Women in eCommerce series! Brianna is a very busy person, who will outwork you, she will figure it out, she will put her head down and do the work, she will pull it together and most importantly take action. She is fiercely competitive, growing up as a competitive skater, she not only sets goals, she exceeds them. We spend time talking about her connection of Amazon & Ebay & Bonanza & Ebay. Yes there is a way to make most of it hands off. Not all yet, but she is close. So get ready to feel a little inadequate, and then take action, move forward and crush it like Brianna.

     

     

     

    Brianna mentioned:

    Sellbrite - Built as a multi-channel selling solution from the ground up, Sellbrite is flexible enough to fit your business without custom setup or integrations, yet robust enough to offer the channel-specific features you expect.

    Joelister -  JoeLister populates your eBay listing with content from the Amazon product page. Too busy to list items individually? Create a beautiful listing in ONE click.

    Outsourcing Sourcing - by Ryan Grant  Outsourcing Sourcing contains everything you could want to know about having people you trust source and ship inventory directly to amazon for you.  Everything from how to set up the arrangements to paying these individuals is covered.

    Brianna's Facebook

    Shopify -  More ways to sell than ever before- eCommerce, Social Commerce, Buy Button, Point of Sale

    Elite Product Sourcing- Providing Actionable Product Finds For Resale on Online Marketplaces

    Prime Zero Prep - We’re located in Tax Free New Hampshire, Prime Zero Prep is a full service fulfillment center looking to help bring your business to the next level. We understand what FBA sellers want and expect when it comes to these type of services. No matter what size business you have, we want to work with you!

    Sell Source Profit - A course designed to teach you the same strategies we used to generate over $850,00 in sales our first year selling on Amazon using the power of Retail Arbitrage.

    Quotables:

    "Get ungated in EVERY Category!"

     



     

    Golden Nuggets:

    Connect your Amazon using a third party software to Ebay (Joe Lister, Sell Brite, others) then connect Ebay to Bonanza (Bonanza handles that) Then go back and connect your Collectible Ebay inventory with Etsy via third party software. (Sell Brite handles this)

     
    0 min
  • 054 : Brianna Moller Greene - As the phrase goes - Give a busy person something to do if you want it done! Amazon, Ebay, Etsy, Bonanza, Merch, Product Lists!

    Men we really need to step up our game! Get ready to realize we are not pulling our weight, we are getting crushed by the fourth in my Women in eCommerce series! Brianna is a very busy person, who will outwork you, she will figure it out, she will put her head down and do the work, she will pull it together and most importantly take action. She is fiercely competitive, growing up as a competitive skater, she not only sets goals, she exceeds them. We spend time talking about her connection of Amazon & Ebay & Bonanza & Ebay. Yes there is a way to make most of it hands off. Not all yet, but she is close. So get ready to feel a little inadequate, and then take action, move forward and crush it like Brianna.

     

    1 hr
  • 053 : Karin Isgur Bergsagel – Formula – Making the most of a full Life of preparation equals Success in eCommerce
    Karin or KIB as we all know her is such a breath of fresh air. She tells us her age, 63, and also credits her age with her success. She sees the events of her life, and there have been challenging events, as the steps of preparation to success. So it doesn't matter where you start, as long as you start. She is 63 and having the most fun of her life. She hangs out in a group known as the "Young Guns", a group who have mega-success based on incredible efforts and more-importantly incredible communication with each other and she holds her own! She seems to have the ability to relate with whomever she is with, I am guessing that is the Compassionate Nurse coming out in her? The thing I took away from this interview is that I need to up my game, I need to build better relationships, I need to read a lot more, I need to study success and more importantly I need to act!

     

     

    Karin mentioned:



    Karin's Facebook Contact

     

    Quotables:

    "Bloom where your planted, we all have advantages and we all have challenges"

    "No excuses"

    "What other opportunity is there where you can put in the effort and see the results like this?"

    "Is it easy, no, but it works!" 

    "I don't think of myself as an entrepreneur, I am a FBA hack!"

    "What gets you to one level, is not necessarily what will get you to the next level"



     

    Golden Nuggets:

    Realize that you can do it, it is really that simple. 

    Look at each success, no matter how small, as "aha" moments that prove you are on the right path and that you can do it.

    This business allows me to do what I love and give back (to the Library), find a way to help those who helped you along the way.
    0 min
  • 053 : Karin Isgur Bergsagel - Formula - Making the most of a full Life of preparation equals Success in eCommerce

    Karin or KIB as we all know her is such a breath of fresh air. She tells us her age, 63, and also credits her age with her success. She sees the events of her life, and there have been challenging events, as the steps of preparation to success. So it doesn't matter where you start, as long as you start. She is 63 and having the most fun of her life. She hangs out in a group known as the "Young Guns", a group who have mega-success based on incredible efforts and more-importantly incredible communication with each other and she holds her own! She seems to have the ability to relate with whomever she is with, I am guessing that is the Compassionate Nurse coming out in her? The thing I took away from this interview is that I need to up my game, I need to build better relationships, I need to read a lot more, I need to study success and more importantly I need to act!

     

    1 hr 2 min
  • 052 : Karen Locker – Are you ready for an Amazon Account Manager? I bet if you check, you probably are!
     

     

    This is the second in our Women in eCommerce interviews and I think I hit the jackpot with this one too! Get ready to understand more about Amazons systems and more importantly how you need to manage your account and inventory in Amazons database. (Frankly we are not doing a good job and need Karen's help!) She offers ungating services, listing creation (does large volumes), and mostly Amazon Account Management. Think of your time and how limited it is now, now add managing suppressed inventory, managing stranded inventory, managing shipping reconciliations, fixing feedback, getting inventory sold before long-term storage fees and getting you reimbursed for returns that you are not responsible for. (Think you were busy before all of this!) This is a big step for some, but hiring a contract worker is always less expensive than hiring an employee. Take the step and look at your inventory health and see if you could use the help.

    Karen Mentioned:

    Solutions 4 Ecommerce -


    Get Your Ecommerce Business Under Management
    No longer will sourcing and shipping for your Amazon business take all of your time!







    ***Stop the Frustration ***

    Are some of your listings stranded in the FBA warehouses?
    Do you have suppressed listings and no time to fix them?
    Is negative feedback hurting your visibility?
    Do you know if Amazon is losing your inventory?
    Are your listing quality alerts stopping your listings from getting found?
    Is there unfulfillable inventory sitting in the FBA warehouse costing you money?





    Karen's Facebook Link

    Quotables:

    "Pay attention to the numbers, make sure everything you are doing is profitable"

    "People, processes and Product all matter and work together" (She credits Marcus Lemonis for this quote)

     



     

     

    Golden Nuggets:

    The only thing that will make you money as a seller is sourcing product, spend your time making money and outsource the rest!
    0 min

About eCommerce Momentum Podcast

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Ecommerce MOMENTUM is a podcast created for you, the Amazon, Ebay, Shopify seller, or the Next Great eCommerce seller! We are here to help you understand how the top successful ecommerce sellers today…