Chapter
The Perfect Storm for Direct to Consumer E-Commerce Businesses
37:09 - 41:53 (04:44)
The rise in ocean freight rates and overflowing warehouses is causing a crisis for direct to consumer e-commerce businesses, many of which are launching 1,000 new products a day through AI-generated SKUs.
Clips
E-commerce businesses are facing a perfect storm as their warehouses are overflowing with products they cannot ship due to the lack of available space and high ocean freight rates due to COVID-19.
37:09 - 41:53 (04:44)
E-commerce
Summary
E-commerce businesses are facing a perfect storm as their warehouses are overflowing with products they cannot ship due to the lack of available space and high ocean freight rates due to COVID-19. This is putting a lot of pressure on businesses that are trying to keep up with the demands of their customers.