Today’s Guest Justin Smith
Here's a summary of the great stuff that we cover in this show:
- Justin Smith, an expert in industrial real estate trends and logistics, brings excitement and accessibility to these fields, leveraging his extensive experience.
- For eCommerce businesses grappling with picking, packing, and storage challenges, Justin recommends strategically choosing larger warehouses and collaborating with third-party logistics (3PL) companies for efficient and low-risk distribution testing.
- Emphasizing warehouse efficiency, Justin advises businesses to invest in material handling specialists or warehouse managers who can optimize operations and implement effective management systems.
- When considering a move to a new warehouse, factors such as lease stability, business stability, and long-term plans should be carefully evaluated, with financial, market, and growth considerations in mind.
- In the context of the booming online shopping landscape, Justin highlights the importance of implementing a robust eCommerce warehouse management system, exploring various fulfillment models, and embracing automation to enhance efficiency and maximize return on investment.
Links for Justin
Links & Resources from today’s show
Sponsor for this episode
At the eCommerce Cohort, we're committed to helping you deliver eCommerce WOW through our lightweight, guided monthly Sprint that cycles through all the key areas of eCommerce.
What happens in a Sprint?
Just like this eCommerce Podcast episode, each Sprint is themed-based. So using this topic of Everything You Need To Know About Subscription eCommerce as an example - here's how it would work:
- Sprint Theme: Marketing.
- Week One: Coaching Session -> Marketing.
- Week Two: Expert Workshop -> Everything You Need To Know About Subscription eCommerce.
- Week Three: Live Q&A with our experts and coaches. This is a time to ask questions and contribute your thoughts and ideas so we can all learn together.
- Week Four: Submit your work for feedback, support, and accountability. Yup, all of this is to provide you with clear, actionable items you can implement in your eCommerce business or department! It's not about learning for the sake of learning but about making those constant interactions that keep you moving forward and ahead of your competitors. Sharing your work helps cement your understanding, and accountability enables you to implement like nothing else!
Who can join the eCommerce Cohort?
Anyone with a passion for eCommerce. If you're an established eCommercer already, you'll get tremendous value as it will stop you from getting siloed (something that your podcast host, Matt Edmundson, can attest to!).
If you're just starting out in eCommerce, we have a series of Sprints (we call that a Cycle) that will help you get started quicker and easier.
Why Cohort
Founder and coach Matt Edmundson started the Cohort after years of being in the trenches with his eCommerce businesses and coaching other online empires worldwide. One of Matt's most potent lessons in eCommerce was the danger of getting siloed and only working on those areas of the business that excited him - it almost brought down his entire eCommerce empire. Working on all aspects of eCommerce is crucial if you want to thrive online, stay ahead of your competitors and deliver eCommerce WOW.
Are you thinking about starting an eCommerce business or looking to grow your existing online empire? Are you interested in learning more about the eCommerce Cohort?
Visit our website www.ecommercecohort.com now or email Matt directly with any questions at [email protected].
Matt has been involved in eCommerce since 2002. His websites have generated over $50m in worldwide sales, and his coaching clients have a combined turnover of over $100m.