Diversification within the Supply Chain w/ Steven Blustein - Ep - 575 - Lunch With Norm

Lunch With Norm - The eCommerce & Amazon FBA Podcast

Norman Farrar

Business:entrepreneurship, Business, Marketing, Entrepreneurship

5.0 • 1.4K Ratings

🗓️ 17 April 2024

⏱️ 51 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On today’s Lunch With Norm, we are with the co-founder of both Gembah Inc and PrideBites Pet Products, Steven Blustein! We discussed diversification within the supply chain. Find out how long it takes to transition outside of your current supply chain. Our guest have owned and operated businesses that have designed, manufactured, and sold millions of consumer products from all over the world. This episode is brought to you by Post Purchase Pro Post Purchase PRO specializes in helping Amazon sellers create more sales, ranking, and reviews through post-purchase marketing. Finally, your email marketing can be actively managed by professionals with over 30 years of experience so you can focus on running your business. Increase repeat purchases, drive better organic search term ranking, get more reviews, and build a real asset. For more information visit https://www.postpurchasepro.com/lunch This episode is brought to you by Startup Club Startup Club is the largest club on Clubhouse supporting the Startup ecosystem. Startup Club offers an exciting sense of belonging to established and aspiring entrepreneurs, startup businesses, and companies wanting to Learn, Connect, and Grow. Join us for conversations with founders, entrepreneurs, angel investors, venture capitalists, subject matter experts, and more. For more information visit https://Startup.club This episode is brought to you by Seller Basics Seller Basics is the ultimate guardian for account suspensions, ASIN hiccups, and IP headaches. For only $99 per month, Seller Basics provides a dedicated team to safeguard your business. And that's not all! Gain access to free legal consultations with seasoned eCommerce attorneys. With no binding contracts, you can cancel anytime with just a month's notice. Consider Seller Basics your Amazon account's comprehensive health plan. For more information visit https://www.sellerbasics.com In this episode, the co-founder of both Gembah Inc. and PrideBites Pet Products, Steven Blustein is here. Today, we discussed diversification within the supply chain. He has owned and operated businesses that have designed, manufactured, and sold millions of consumer products from all over the world. This episode is brought to you by Startup Club, Post Purchase Pro, Seller Basics, and HONU Worldwide... *All conversations and information exchanged on the Lunch with Norm podcast or interaction on the Lunch with Norm Website is intended for educational and entertainment purposes only. Do not confuse this with advice or direction with your business per se. Always do your own research before following advice from any podcast/website. Amazon's Terms of Service is always changing. Make sure you are following relevant up-to-date information.

Transcript

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0:00.0	And so I went and I changed the price. I went to Kinko's at the time and changed the prices,
0:06.6	put them up to $2,500 instead of 750 and we sold out. Wow. Yeah. Now here's the fun thing. At the time,
0:15.5	in Vietnam landed the ships cost 85 bucks. Hey everyone. This is Norm Ferrar, aka the Beard Guy here, and welcome to another Lunch with Norm,
0:34.6	the e-commerce and Amazon FBA podcast.
0:38.3	Today we are discussing diversification within the supply chain.
0:43.3	What are some of the top countries for manufacturing?
0:46.3	How do you find the factories outside of China and how long does it take to transition outside of your current supply chain.
0:55.6	Welcome to another lunch with Norm, the e-commerce and Amazon FBA podcast.
1:00.6	Okay, today we are discussing diversification within the supply chain.
1:06.3	And our guest is a returning guest and an awesome guy.
1:10.3	He's the co-founder of Gimba and Pride Bytes Pet Products.
1:15.2	He's an expert in product development and supply chain strategy.
1:19.3	And over his career, he has owned and operated businesses that have designed,
1:23.9	manufactured, and sold millions of consumer products from all over the world.
1:29.7	And I am talking about Stephen Bluestein.
1:33.3	So he'll will be with him in a second, but first let's have a word from our sponsor.
1:40.2	Facing cash flow challenge.
1:42.1	Well, maybe I won't do a reed.
1:45.3	Oh, you want to do the read?
1:47.8	Yeah, I can do a read.
1:49.7	Okay, we did not discuss this beforehand.
1:52.5	All right, let's do seller basics.
	...

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