by JK Beaton | Oct 16, 2024 | Tips & Tricks
How are Alibaba prices so low sometimes? The first point to understand is that Alibaba is a sales platform run by salespeople to get—you guessed it—sales. So, much like grocery stores who have loss leaders like $1.50 hot dog-and-soda deals (shoutout to...
by JK Beaton | Sep 20, 2024 | Tips & Tricks
While TEMU and Shein are in for a world of pain, what does it mean for most online retailers importing into the USA? Let’s dive into these questions. Will your factory prices increase? We had clients ask if the landed cost of their imported goods would...
by JK Beaton | Sep 18, 2024 | Tips & Tricks
Here’s a product moat that isn’t talked about enough. Use it and get an edge over your competition. Products easily get copied online. Very quickly. I remember my early shock when my best selling ice bucket in 2017 had 10+ competitors within 6...
by JK Beaton | Sep 13, 2024 | Tips & Tricks
Have you ever worked in a warehouse? Years ago I worked in a warehouse and I was in the best shape I worked for a Montreal-based clothing company, handling a variety of tasks, including sampling for our large group of sales reps. Later, I traveled to China to...
by JK Beaton | Sep 9, 2024 | Tips & Tricks
Are you negotiating these 3 things with your factories? Since cost of goods (COGs) typically make up about a 1/3 of most brands’ expenses, it pays to track and actively work on reducing them. Or you can also try to improve cash flow, which is another...
by JK Beaton | Sep 4, 2024 | Tips & Tricks
Here are the top bad experiences brands have with sourcing agents. Many brands that first speak with us have already worked with a sourcing agency before. Oftentimes they had a bad experience. Here are the top 3 reasons: 1.) Many agencies secretly...
