Dell Podference: Consumer Sought Goods and the Pandemic Part One
Jill on Money with Jill Schlesinger
Audacy
4.6 • 1.9K Ratings
🗓️ 20 May 2022
⏱️ 15 minutes
🧾️ Download transcript
Summary
On this bonus episode of Jill on Money, we're joined by Chieh Huang, the CEO of Boxed, an online and mobile membership-free wholesale retailer that offers direct delivery of bulk-sized packages.
As the pandemic unfolded, it caused an increase in demand for consumer sought goods and direct delivery of bulk-sized packages. In this episode, hear the story of how Boxed relied on technology to rise to the challenge.
This special episode is part of the Small Business Podference presented by Dell Technologies.
To find more participating podcasts, search for Dell Technologies Small Business Podference on Audacy dot com, Spotify or Apple podcasts at the end of this episode.
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Please leave us a rating or review in Apple Podcasts.
"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.
Transcript
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| 0:00.0 | Small businesses are ready to thrive again and looking for resources to rise to the challenge. |
| 0:06.0 | That's why Dell Technologies has assembled an all-star lineup of podcasters for the third year in a row |
| 0:13.1 | to create a virtual conference to share advice and inspiration for small businesses. Whether |
| 0:19.5 | you're still working remotely or back together again, let Dell Technologies help safeguard your |
| 0:24.9 | business with modern devices and Windows 11 Pro. Search Dell Technologies' small business |
| 0:31.6 | podvrants on Odyssey.com, Spotify or Apple Podcasts. |
| 0:40.0 | Welcome to your bonus episode of Jill on Money. It's Friday, May 20th and we're going to put two |
| 0:46.8 | extra episodes in today because we got back in touch with a good friend of the pod. His name is |
| 0:52.9 | Che Wong and he is the CEO of Boxed. I think Che came on the program back in 2017 or 18 early days |
| 1:00.4 | for the podcast, but he has really grown an unbelievable business. We are going to drop this |
| 1:06.4 | episode and another one right back to back. This is our interview with Che Wong. Let's start with |
| 1:13.8 | you just talking a little bit about your origin story for the for the business. So I know you |
| 1:21.2 | formed this business and what year was it? 2013, so nine years ago. Okay, and you did it with |
| 1:27.8 | some friends, right? We did, so a bunch of friends and I, you know, we worked on a gaming company |
| 1:35.2 | which eventually was sold and the acquiring company went public. We stayed at that new company |
| 1:42.0 | for a few years, left and ended up forming Boxed in 2013. And what problem were you trying to solve |
| 1:50.8 | when you created this company called Boxed? It sounds very rudimentary even today. We just thought, |
| 1:57.6 | hey, for folks who wanted to shop wholesale, but didn't have the time, the means, or the patience |
| 2:04.4 | to get to a warehouse club. Back in 2013, there wasn't a lot available to them. And so let's just |
| 2:10.7 | do this and do it online and do it well on mobile and see where it goes. And in nine years later, |
| 2:15.6 | we're now a public company. Let's pull this out into phases. Let's do 2013 to 2019. We'll call it |
| 2:25.4 | pre-pandemic growth. How is your business doing? How are you operating it? And how much are you |
... |
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