Chapter
The Challenges of E-commerce
10:16 - 15:20 (05:04)
The physical aspect of e-commerce, including product shipping and handling, can prove challenging for business owners with the potential for lost revenue when customers aren't satisfied with their products.
Clips
Operating an e-commerce business with physical goods poses challenges, such as losing sales due to defective products, which can lead to a devastating loss for a month's revenue, particularly when operating on a low EBITDA.
10:16 - 13:56 (03:39)
E-commerce
Summary
Operating an e-commerce business with physical goods poses challenges, such as losing sales due to defective products, which can lead to a devastating loss for a month's revenue, particularly when operating on a low EBITDA.
ChapterThe Challenges of E-commerce
Episode#193 - How a $25 Million a Year Sweepstakes Business Works and Shaan Predicts the Future
PodcastMy First Million
The podcast explores the interesting startup ideas teased by Matt on Twitter, including Oasis which tackles the issues of high shipping container costs.
13:56 - 15:20 (01:24)
Startup
Summary
The podcast explores the interesting startup ideas teased by Matt on Twitter, including Oasis which tackles the issues of high shipping container costs.