Mike speaks with Avishai Sam Bitton, VP of Marketing and Growth at 8fig about the biggest challenges in ecommerce that everyone's been feeling lately, and how you can leverage AI to solve these issues at a low cost. 

In this episode, we dive into the challenging landscape of e-commerce, workforce, and technology with Avishai Bitton, a distinguished expert in the field. Avishai, hailing from 8fig.co, specializes in using AI and data to tackle the challenges of cash flow management, supply chain optimization, and sustaining growth, especially during uncertain times. 

Join us as we explore how AI and generative technologies can help fill the holes in your businesses, especially as a small-sized business. 

Timestamps:

• 00:00 - Introduction
• 03:51 - Avishai's Introduction and Background 
• 09:50 - Discussion on the Impact of COVID-19 and Supply Chain Challenges
• 13:30 - Challenges of Inventory Management and Cash Flow
• 20:33 - The Impact of Generative AI on E-commerce 
• 24:00 - Workforce and Unemployment 
• 25:09 - Finding a Balance in the Labor Market 
• 28:07 - Opportunities for Business and Entrepreneurship 

I hope you had some key takeaways from this episode. To explore the tools and resources mentioned in this episode, visit 8fig.co for more information. If you want to contact Avishai directly, you can connect with him on Twitter and LinkedIn for more insights. 

Don’t forget to leave us a review on iTunes if you enjoy our content. If you have any questions, send us an email at support@ecomcrew.com. We'd love to help you in any way we can. 

Thanks for listening!

Did you know that you're entitled to reimbursements from Amazon for lost / damaged inventory within Amazon FBA? Mike and Yoni, the CGO of GETIDA, discuss everything you need to know about reimbursements and auditing. 

Check out GETIDA with our affiliate link!

According to last year's Software Poll, a whopping 37% of sellers are NOT using a reimbursement service of any kind. As Yoni mentions in today's episode, that is not only a significant loss in cost, but also a loss in potential profit margins that you could have gained. 

Yoni Mazor is today's guest, and the CGO of GETIDA, one of the biggest companies out there specializing in Auditing and Reimbursements for Amazon Sellers. We talk about the common mistakes that Amazon makes, how you can claim reimbursements from Amazon for free, and the amount of inventory lost in Amazon FBA on today's episode. 

If you've ever been reclassified into a different FBA size tier, (which is extremely common) then this episode is definitely for you. Here are some chapter markers: 

• 0:00 - Introduction 
• 1:02 - Amazon Is Stealing Money From You
• 2:57 - Why Amazon Is Better Than Other Marketplaces with Reimbursements 
• 4:13 - "What is Amazon infamous for, and what can you do about it?"
• 5:50 - "What Percentage of Shipments Are Lost?"
• 9:07 - How To Claim Reimbursements From Amazon and Make Money
• 11:55 - GETIDA: Pricing, ROI and Return of Frustration
• 18:12 - Mike's Latest Inventory Issue
• 20:16 - "What Else Can You Get Reimbursed For?"
• 25:08 - Why Reimbursement Services Are Worth It
• 26:31 - Where did GETIDA's name come from?

If anything, I'd like for you to walk away with the fact that having a reimbursement service is no longer optional, and that you're leaving money on the table if not. If you’re interested in GETIDA, check out our affiliate link here! 

Don’t forget to leave us a review on iTunes if you enjoy our content. If you have any questions, send us an email at support@ecomcrew.com. We'd love to help you in any way we can. 

Thanks for listening!

Mike and Dave discuss the strategies that Mike's put in place to squeeze as much profitability as possible to gain maximum value out of his business when he goes to sale. 

Back in July, I announced on the podcast recently where my headspace has been at and the events that lead to the possible reasons why. 

At the start of August, the wheels were set in motion and I ended up selling 2 more ecommerce brands.

Dave and I ended on a cliffhanger on that episode, and this is the official Part 2 where Dave and I talk about what I've been up to and how I've been squeezing out as much profitability as possible before selling – from Avoiding Amazon's HUGE Inventory Costs, to using Freelancers to make up for manpower and more, you won't want to miss this one.   

Here's a few chapter markers that you can easily refer to: 

Audio Timestamps: 

• Introduction – 0:00 
• A Quick Recap – 1:13
• Creating New Reports to Make Things Efficient – 2:43
• How Dave Automates Forecast Reports – 7:45
• How Mike Avoids Amazon's New Storage Costs – 10:06
• How Dave Deals With Inventory – 18:13
• Shifting to One Employee: What Roles Are Essential? – 25:11
• Essential Roles Dave Hires For – 29:05
• The Real Costs of Employees – 32:55
• A Short Discussion About PPC – 36:14
• Pricing and Coupons – 37:08 
• Hidden Gem: Bulk Packs – 41:38
• The Challenge of Accurate Bookkeeping – 43:31 
• The Last Tip: 2% Cashback Rewards – 50:22

Stay tuned as we continue to update on our future plans, and for our special PPC episode we're planning for!

I hope you took away some valuable profit-saving insights from this episode. Don’t forget to leave us a review on iTunes if you enjoy our content. If you have any questions, feel free to reach out to support@ecomcrew.com.

Happy selling and I’ll see you on the next one!