Archive Daily Archives: May 28, 2021

The 80/20 of Ecommerce – May 28, 2021

Amazon Prime Day 2021 expected to be June 21 and 22

According to a report by Bloomberg, “Amazon.com’s Prime Day sale will be held June 21 and 22”.  

Last year Prime Day was moved to October due to COVID, but this year it has returned to its regular summer date. 

If you’re a seller, expect A LOT of promotional opportunities to slash prices (which may not necessarily be a good thing).  And I also expect a lot of competition between sellers.  

Mark your calendars!

Source: Amazon.com

India COVID Charity Fundraiser continues

As Covid has left the nation of India in grief, my friends Meghla, Margaret & Kevin from India Sourcing Network hosted a virtual “Charity Singathon” in collaboration with Deepalaya, a non-profit organization in Delhi. The event is to help raise funds to help underprivileged families affected by COVID in India.

They have already raised over $9,000 and have a goal of $20k to help needy families and children purchase food and sanitation kits.  

If you can contribute anything at all it would be a great help. 100% of the proceeds will go directly to the charity and families in need. 

Stay safe and Thank you!

Donate now.

Live Training on 3 Ways to Deploy Capital to Scale your Ecommerce Business

Tomo Matsuo is the President of Yardline Capital, a provider of growth capital, business tools, and competitive insights for sellers on Amazon, eBay, Etsy, Shopify and more. 

In this 60-min training, you will learn:

[8:55] Finding the optimal capital allocation among different opportunities

[11:00] The Growth Capital Math

[17:20] Tips for sellers for managing cash flows to ensure optimal inventory levels

[19:05] Beware having too much capital as you also have to take on too much risk

[20:35] Cash flow management and supply chain

[22:55] Storing extra inventory in 3PLs vs shipping directly from the manufacturer

[25:42] IPI score is like your credit score; the better the score, the beter the sellers

[32:18] Recommendations in deploying capital into marketing

[38:20] Expanding horizontally from Amazon

[48:09] Hiring people once you get to a certain scale

Here are some things you may have missed from last week: