Sebastian Herz has been an accomplished Amazon seller since 2014. He has not only built two successful brands but also managed to bring his own products to thousands of offline retail stores, including the largest national retail chains in Germany. Currently, Sebastian is the co-founder of Zignify Global Product Sourcing, a company that has sourced over 2,000 products, saved their clients a staggering $300 million in sourcing costs, and catered to a diverse clientele ranging from Amazon newcomers to Fortune 500 companies. Zignify specializes in product sourcing not only from China, but also from various locations around the globe.
In this episode, you will learn
Effective strategies for reducing purchasing costs while maintaining product quality
Common pitfalls that businesses encounter when trying to save money on purchasing, and how can they avoid them
How important is it to establish strong relationships with suppliers, and what advice do you have for building and maintaining these connections
The role of negotiation in the purchasing process and share some tips for successful negotiation with suppliers
An inspiring success story that demonstrates the effective use of cost-saving approaches and sales-boosting techniques
For show transcript and past guests, please visit https://www.ecommercemarketingpodcast.com
Or on YouTube at:
https://www.youtube.com/channel/UC3PgT0NOGzpdPGQtBK0XLIQ
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Past guests on the ecommerce marketing podcast include Neil Patel, Nemo Chu, Luke Lintz, Luke Carthy, Amber Armstrong, Kris Ruby and many more.
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