eCom Logistics Podcast

How to Leverage Data Science as a Competitive Advantage with Chad Rubin


Listen Later

For this episode of the eCom Logistics Podcast, we welcome Chad Rubin, Founder and CEO of Profasee. As one of the pioneering Amazon sellers, Chad has kept up with the updates over the years and now offers a dynamic pricing platform to enable Amazon brands to predict the perfect price at each precise moment.

Chad dives into how data science is the competitive advantage brands need to profit on Amazon. He highlights that brands should embrace Amazon as it simply is the best place to meet buyers where they are buying. Finally, Chad discusses how Shopify and Amazon can coexist and how AWD is changing the 3PL game.

 

HIGHLIGHTS

04:08 Solving problems: Find friction first then refine the solution

10:40 Selling on Amazon is profitable with data science as a competitive advantage

22:07 Brands should meet buyers where they buy, which is Amazon

28:16 Fix the pricing of AWD and it will dominate the market

38:10 Shopify and Amazon can coexist in the same space

 

QUOTES

19:35 Data science is the competitive advantage for selling on Amazon - Chad: “The strong will survive and one of the ways of being strong is actually getting an edge. And that edge right now, the only edge that they're gonna be able to get, because if Thrasio has 20,000 SKUs to manage, they need data science.”

26:53 Offer Amazon exclusives for social proof - Chad: “People go on Amazon, a lot of times they never leave Amazon. So perhaps it's important you have your exclusives, let's just say your Caraway and you're selling pots and pans in Shopify.”

“And you have some really beautiful, elegant product. Well, put your hero SKU or your economy SKU on Amazon because then you get social proof and you have your other color variations maybe off Amazon.”

45:20 Shopify and Amazon can coexist to address different segments of the market - Chad: "I believe that you can coexist in the world and be on Amazon and have your own storefront simultaneously and add different value. And, certainly, you can do a lot more experimentation with your own Shopify site. But I don't think that they're mutually exclusive anymore."

 

Find out more about Chad in the links below:

  • LinkedIn: https://www.linkedin.com/in/itschadrubin/
  • Website: https://profasee.com/
  • Email: [email protected]

Subscribe and Keep Learning!

If you’re a logistics leader looking to scale sustainably, don’t miss out! Subscribe for more expert strategies on tackling modern supply chain challenges.

Be sure to follow and tag the eCom Logistics Podcast on LinkedIn and YouTube

...more
View all episodesView all episodes
Download on the App Store

eCom Logistics PodcastBy Fulfillment IQ, Ninaad Acharya, Dan Coll

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

12 ratings


More shows like eCom Logistics Podcast

View all
Economist Podcasts by The Economist

Economist Podcasts

4,189 Listeners

Pivot by New York Magazine

Pivot

9,497 Listeners

a16z Podcast by Andreessen Horowitz

a16z Podcast

1,093 Listeners

The Daily by The New York Times

The Daily

112,597 Listeners

Y Combinator Startup Podcast by Y Combinator

Y Combinator Startup Podcast

236 Listeners

The Indicator from Planet Money by NPR

The Indicator from Planet Money

9,505 Listeners

The Future of Supply Chain: a Dynamo Ventures Podcast by The Future of Supply Chain: a Dynamo Podcast

The Future of Supply Chain: a Dynamo Ventures Podcast

64 Listeners

The Intelligence from The Economist by The Economist

The Intelligence from The Economist

2,529 Listeners

Two Minutes in Trade by Sandler, Travis & Rosenberg, P.A.

Two Minutes in Trade

33 Listeners

The Prof G Pod with Scott Galloway by Vox Media Podcast Network

The Prof G Pod with Scott Galloway

5,513 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

9,911 Listeners

The Decibel by The Globe and Mail

The Decibel

118 Listeners