Amazon is ramping up long, long term storage fees. Part of it is being driven by the economy, limited space. The other part is to discourage you from placing products in a warehouse that are pretty much just storage. If product sits there and doesn't turn, you can't make any money in that space.
Harry Drajpuch is CEO of Amware Fulfillment, a national fulfillment specialist that enables 1-3 day delivery to 98% of the U.S. while helping fast-growing companies scale fulfillment operations through every growth cycle stage.
Top 3 Value Bombs:
1. Think long and hard about outsourcing, and partner with someone who has the same interest as you. Find someone who will be a good compliment to you - so that what you need, they can provide, and what they need, you can provide.
2. Focusing on your core business is critical. If you are the captain of the ship and there’s a problem in the engine room, it might be good to have an understanding of what’s going on in that engine room.
3. The greatest product and shopping experience can be undermined by a poor fulfillment experience.
Download Harry's ebook for free! Fulfillment for Dummies: A crash course for entrepreneurs and business leaders- Fulfillment for Dummies
Sponsor:
HubSpot: Learn how to grow better by connecting your people, your customers, and your business at HubSpot.com!