Tom Wicky
Since April 2020, funds raised stand at a whopping $14.9 billion with 47% of deals fetching between $2-$5million each. The secret is out. The eCommerce aggregator business model is now one of the hottest opportunities for making vast amounts of money online. However, running an aggregator isn’t all sunshine and rainbows. With multiple brands on...
The Amazon brand aggregator market is expanding rapidly and becoming one of the top eCommerce opportunities for ambitious entrepreneurs. More than 90 businesses have signed up and they’ve raised nearly $15 billion to date. However, the expansive nature of Amazon brands means managing operations can be challenging as their aggregator. Additionally, it’s easy to believe...
Over the past few years, with a pandemic thrown in the mix, consumers have heavily transitioned to online shipping. With large eCommerce businesses making shopping so convenient and enjoyable for the consumer, this transition is here to stay. However, despite the bulk of orders being made online, the fulfillment of these orders still requires a...
With more than 2 billion people buying online in 2020 alone and eCommerce tipped to make up for 24.5% of retail sales by 2025, owning an online store is seemingly where the party is at. However, these impressive statistics don’t answer the niggling question on many eCommerce entrepreneurs’ minds, “can I make a solid return...
Improving your profitability by minimizing fulfillment costs and streamlining logistics is vital for any eCommerce business. On the other hand, when shipping your goods from overseas, such initiatives can become difficult. These challenges can be attributed to customs duties and taxes, which make cross-border shipments much more costly. However, with Section 321, a law by...
Over the last two years, global supply chain chaos has upset world commerce. Very few came out unscathed, as 75% of businesses took major blows to their manufacturing, and managing logistics still remains a challenge. Competition has become stiffer in the post-COVID market as brands clamor to regain ground and scoop up their competitor’s market...
We are excited to announce that MyFBAPrep Co-Founder Taylor Smits was featured on the Bright Ideas podcast with Trent Drysmid over the break. On the podcast, you will hear Taylor talk about how MyFBAPrep got started and all about our growing nationwide network of partner warehouses. Taylor and Trent also discuss MyFBAPrep’s expanding suite of Amazon prep and eCommerce...