Episode 109

In this episode, we talk about our experience in owning a warehouse for our ecommerce business and why you should consider building or buying one too. For instance, it offers benefits relating to Amazon FBM (Fulfilled By Merchant). If you think however that owning a warehouse is not fit for your business at the moment, you can explore a few alternatives like subleasing a big warehouse, using third-party logistics, and buying a rental property. 

Listen to this episode and grow your ecommerce business with local warehouses!

[00:01 - 04:38] Opening Segment

• We introduce our topic for this episode
• How the pandemic affected Amazon warehouses

[04:39 - 12:59] Using a Third-party Logistics

• We share our experience about using Third-party Logistics (3PL)
• How David found a warehouse for his inventory
• What ecommerce owners should realize about new racking and shelving

[13:00 - 20:11] Why Own a Warehouse for your Ecommerce Business

• We talk about the benefits of owning a warehouse
  • What does it mean to turn over an inventory?
• Ecommerce owners should know this fact about Amazon FBM
• Want some Amazon refunds? Check out Getida
  • Promo code: FTM400

[20:12 - 31:11] The Costs of Managing a Warehouse

• Why set up your shipping templates for 1-2 days
• Warehouses are not free and have associated costs
  • Here’s what to do
• The forgotten part of the house that can help an ecommerce business

[31:12 - 36:07] Alternatives for Warehouses

• We weigh in between 3PLs and warehouses
• You can explore subleasing warehouse spaces
• Real estate is another option for ecommerce owners

[36:08 - 37:49] Closing Segment 

• Connect with us!
  • Links below
• Final words

 

Tweetable Quotes:

“New racking and shelving versus shelving that’s 40 years old essentially does the same thing. They hold cases as long as it’s structurally sound.” - David Schomer

“One way to [fire the man] is to pivot and be flexible and keep moving forward. Always move forward and adapt.” - Ken Wilson

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