I had the privilege of being invited to Jungle Scout’s Million Dollar Case Study with Greg Mercer to share sourcing best practices on how I would source their product. Here’s the replay in case you missed it. We covered a ton of high value material on what to look for in a good supplier (and how to avoid … Continue reading “Webinar: The Good, the Bad, and the Ugly sides of Sourcing from China: How to find a trustworthy supplier, The Art of Alibaba, and how to negotiate pricing for your next product”
Category: negotiations
Payment Terms and how to negotiate them to increase cash flow, reduce your risk, and gain leverage if problems arise
What do you think of first when negotiating with suppliers? Do dollars signs come into your head? Price right? But did you know there is another factor which can make or break your business and it is often overlooked? In fact by negotiating this properly you will have more money to pay expenses, pay yourself, or invest back into your business, cut … Continue reading “Payment Terms and how to negotiate them to increase cash flow, reduce your risk, and gain leverage if problems arise”
5 Seller Secrets to Cut Your Sourcing Costs and Stay Ahead of your Competition
If you’re selling on Amazon or eBay you know that just competing on price is challenging. But I’d like to share some secrets I’ve learned managing multimillion dollar sourcing campaigns for my clients. One of the best ways to maximize your margins is to CUT YOUR SOURCING COSTS. In other words PURCHASING FOR LESS will give you more room to … Continue reading “5 Seller Secrets to Cut Your Sourcing Costs and Stay Ahead of your Competition”