Here's everything you need to know about running successful e-commerce operations.
Get access to my new free ecommerce course: https://www.millionaires.com/
Get access to my top 3pl recommendations by joining my discord or Daily Mentor
https://bit.ly/dailymentoroperations or https://discord.gg/daviefogarty
Inventory tool I mentioned in the video: https://brightpearl.partnerlinks.io/1dfndlcxq2hd (affiliate link)
MY FAVOURITE TOOLS & GEAR (affiliate links so they might have an offer):
🛍️ Trial Shopify: https://shopify.pxf.io/WDvJgJ
🥇 Trend Rocket: https://www.trendrocket.io/
🗣️ Gorgias: https://gorgias.grsm.io/davie
🐋 Triple Whale: https://triplewhale.grsm.io/daviefogarty
SOCIAL MEDIA:
🌍 My website: https://www.daviefogarty.com/
📸 Instagram: https://www.instagram.com/daviefogarty/
📱 TikTok: https://www.tiktok.com/@daviefogarty
🐦 Twitter: https://twitter.com/daviefogarty
👨💻 Linkedin: https://www.linkedin.com/in/daviefogarty
WATCH NEXT:
1️⃣ How I Went from $500 to Half a Billion in 5 Years: https://www.youtube.com/watch?v=Mt1P7p9HmkU
2️⃣ COMPLETE Shopify Tutorial for Beginners 2023 - Build A Profitable Shopify Store From Scratch: https://www.youtube.com/watch?v=T2tagxLhlv4
WHO AM I?
Hey, if we haven’t met before, I’m the owner and founder of 'The Oodie', one of Australia's fastest growing ecommerce brands.
Video Chapters:
00:00 Introduction
03:43 What is Operations?
05:28 The Fundamental Departments
08:43 Why Forecasting Is So Important
11:30 Systems and Processes
15:59 Product (Tech Packs)
23:48 Managing The Suppliers
27:38 Must Discuss Points with Suppliers
31:12 Unit Economics of Product
33:55 Calculating Profit per Product
38:38 Product Development Process (Critical Path)
43:38 How Much To Order (Essential Part)
46:20 Helpful Tools
47:50 Mistakes to Avoid
52:05 How To Find Seasonality
53:40 When To Order
1:00:00 What You’ll Need On Purchase Order
1:03:10 Be Organised
1:04:06 Finding A Good 3PL
1:14:00 Customer Service
DISCLAIMER: The content provided in this YouTube video is for informational purposes only and should not be considered as professional advice. Any recommendations, reviews, or opinions expressed are based on personal experiences and research, and individual results may vary. Viewers are encouraged to conduct their own due diligence and consult with relevant professionals before making any purchasing decisions or implementing strategies discussed in this video. The creator of this content shall not be held liable for any direct, indirect, incidental, or consequential damages arising from the use of information presented herein.