In this episode, Gary Huang, Founder of 7 Figure Seller Summit and 80/20 Sourcing shares 10 things he learnt about running an eCommerce business from over 20 successful sellers he recently interviewed.
Gary is an Amazon seller himself, and also a coach on India Sourcing Trip. He has helped thousands of e-commerce entrepreneurs save time and money sourcing products and scale their businesses.
He has also worked with hundreds of Chinese suppliers, having managed multimillion dollar sourcing campaigns for clients.
10 takeaways:
Successful entrepreneurs get around excuses Get off of Amazon to find profitable products Apply the 80/20 rule to save time and increase profits Build a superstar team Building a brand is more critical than ever to rank products, get reviews, and sell your business for a higher multiple Keywords for PPC campaigns - need to balance data with common sense so you don’t pay the “idiot tax” Whatever gets measured gets managed Split Test ideas cheaply and quickly Focus on the BOTTOM line not on the top line Selling a business - need to be smart to get a higher multipleMore information:
Sign up free for 7 Figure Seller Summit Contact Gary: gary@8020sourcing.comJoin The Asian Seller community