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Project 44's Carson Krieg, with additional insights from our own Doug DeLuca, joins the series to dive into their recent State of Consumer Holiday Shopping 2024 Report, providing data and research shopping practices, spending, shipping preferences, sustainability, and more. Come join us as we discuss the Future of Supply Chain.
As e-commerce continues to grow, packout, the final stage of preparing items for shipment, has become a key bottleneck in fulfillment operations. Listen to this podcast to hear how cartonization—a method for selecting the most efficient way to pack orders—can optimize packout efficiency, reduce costs, and streamline the entire fulfillment process, helping businesses keep pace with market demands.
Kia ora,Welcome to Friday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.Today we lead with news mixed news but the underlying vibe is positive.First in the US, all eyes are now on tomorrow's August non-farm payrolls report. Analysts expect a rise of +160,000 jobs. But today's pre-cursor ADP Employment Report sharply undershot that level suggesting only +99,000 jobs will be added. If that is the case that would make it the smallest gain since 2021.This data has clouded financial markets today.A jump in reported layoffs in August added to the mood, but to be fair they only rose back to 'normal' levels.But there was good news about the US economy too.The level of jobless benefit claims last week fell, when a rise was anticipatedThe ISM services PMI rose more than expected, on the basis of better new order levels. That was backed up by the companion S&P/Markit services PMI.And the latest update for American productivity (for Q2) was particularly positive with a strong rise.So you would have to think there might be upside in tomorrow's US labour data. We will know soon enough.Wages in Japan rose by +3.6% year-on-year in July, slowing from a +4.5% rise in June which was the highest in 26 years, since January 1997. Markets expected a July rise of +3.1%.EU retail sales volumes rose in July, the fourth rise in the past sixth months. Better yet, they were higher than a year ago on a volume basis.German factory orders for July were another overnight surprise. They bounced back in June and July was expected to be weak. But in fact a good rise was posted again in July.And it might also surprise you to know that after being hooked on Russian energy, the Germans have made a substantial shift away, not to other fossil-fuel suppliers, but rather to renewables. More than 60% of electricity production is now by renewables. And the overall energy intensity in the German economy is declining (ie improving). Both are huge shifts for Europe's largest economy.Australia's merchandise trade surplus rose in July to its highest since February as exports grew to a 5-month high while imports fell to a 3-month low.But the iron ore price took a sharp tumble yesterday. While that isn't great news for Australia, it isn't all bad. They have advantages over their rivals in Africa and South America in both freight costs and mine productivity.Although China's media mouthpieces are talking up the prospects for recovering steel production, their trade association is warning that any short-term bump will probably be just a "flash in the pan".Bulk freight rates continue to rise however. And global container freight rates are still extremely high essentially because of the Suez Canal/Horn of Africa security issues. They did fall -8% last week, but they remain +236% higher than pre-pandemic levels. (China to Europe rates fell quite sharply, but trans-Pacific rates didn't move much.)The UST 10yr yield is now at just on 3.73% and down another -4 bps from yesterday. The price of gold will start today up +US$10 from yesterday at US$2513/oz.Oil prices are -US$1 lower at just under US$69/bbl in the US while the international Brent price is now at just on US$72.50/bbl. That has forced OPEC to delay is planned rise in production.The Kiwi dollar starts today up +30 bps from yesterday at 62.3 USc. Against the Aussie we are +10 bps firmer at 92.4 AUc. Against the euro we are also up +10 bps at 56 euro cents. That all means our TWI-5 starts today at 70 and up +10 bps from yesterday.The bitcoin price starts today at US$56,336 and down -2.7% from this time yesterday. Volatility over the past 24 hours has been moderate at just on +/- 2.3%.You can find links to the articles mentioned today in our show notes.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this on Monday.
Kia ora,Welcome to Friday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.Today we lead with news policymakers are still struggling with the last-mile gains in their war on inflation.But first, the number of Americans making initial jobless claims rose last week and by slightly more than expected. That takes them back to early June levels and while not high, it does arrest the recent reduction trend. And there were less claims in the same week a year ago. It is too early to say if this is a labour market turning point, or an outlier. There are now just under 2 mln people on these benefits.The Philly Fed factory survey rose sharply to its best level in four months driven by new orders. The outlook for the next year was especially positive.Japanese exports rose to a three month high in June, a much better outcome than anticipated. While not a record, these exports are at an historically high level and only bested by two previous months in the past year. They are up more than +5% year-on-year and delivered a surprise trade surplus. That is mainly because energy costs no longer swell their import bill.India's central bank is turning its attention away from supporting breakneck economic growth, to controlling inflation. They signaled this in a Bulletin released yesterday - and a return to the policies of Raghuram Rajan, the ones he got removed by Modi for.The ECB monetary policy review overnight delivered no change to their official interest rate settings. They are holding their restrictive policies because inflation pressures remain and wage gains seem to be driving those. European companies are suffering decreased profitability because they are unable to pass on these elevated costs, they say. But they reckon the pressures will be temporary until inflation is beaten. Still they seem very unsure when rate cuts will happen again.In Australia, their employed workforce expanded by +50,100 in June to 14.4 mln. +43,300 of those new jobs were full-time, +6,800 were part-time. Their jobless rate rose marginally to 4.1% and their participation rate is still hovering around 67%. Their employment rate of their working-age population is 64.2%. Container freight rates were little-changed last week but that is of no comfort because they are staying +286% higher than year-ago levels. The usual factors remain in play although the Panama Canal water levels are recovering and back to the 5-year average. July is when levels usually start to recover. Bulk cargo rates are little-changed from a week ago, although they did rise modestly in between before retreating yesterday.And we should probably note - again - that the copper price is still retreating hard, down -7.5 in the past week alone. The reason relates to demand out of the stuttering Chinese economy. Nickel, cobalt and lithium are all suffering too, all components of the 'green transition'.The UST 10yr yield is now at 4.19% and up +5 bps from yesterday. The price of gold will start today up +US$2 from yesterday at US$2455/oz and still hovering near its all-time highs.Oil prices are up +50 USc at just on US$82/bbl in the US while the international Brent price is just over US$84.50/bbl.The Kiwi dollar starts today little-changed at 60.6 USc. Against the Aussie we are also little-changed at 90.2 AUc. Against the euro we are still at 55.6 euro cents. That all means our TWI-5 starts today at 69.4 and essentially unchanged from this time yesterday.The bitcoin price starts today at US$63.799 and down -0.9% from this time yesterday. Volatility over the past 24 hours has been modest at just on +/- 1.4%.You can find links to the articles mentioned today in our show notes.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again on Monday.
Episode NotesIn today's episode, we'll talk about 4 interesting stories:1. The Indian rupee is getting stronger against the US dollar. And what that means for us2. What's happening in the global shipping industry and why it could harm the global economy3. What Quant Mutual Fund is saying in response to the frontrunning allegations against them4. And finally, we'll take a quick look at the EV industry's numbers and what's happening there
Adrian is on hosting duty and is joined by Sofeast's Head of Supply Chain Management, Kate. Rising shipping costs (sea, air, and otherwise) are an issue facing importers from Asia now in 2024, but what's causing it and are there any tips to help you cope? Also, in a second topic, Kate dispels the confusion about FOB vs FCA, explaining why the more common incoterm (at least when buying from Chinese manufacturers) isn't necessarily the best for you! Show Sections 00:00 - Greetings and introduction. 01:23 - Shipping costs from China are spiking. How much are they now? 06:49 - What is causing the surging prices? 16:16 - What's the effect on shipping to Europe? 18:56 - FOB vs FCA Incoterms. 29:35 - Wrapping up. Related content... The Red Sea attacks on shipping are still happening Brazil has increased the tariff on imported Chinese EVs Check the various supply chain management services we can help you with, including logistics Types of Incoterms [Guide] What do the USA's May '24 China tariffs mean for importers? [Podcast] Get in touch with us Connect with us on LinkedIn Send us a tweet @sofeast Prefer Facebook? Check us out on FB Contact us via Sofeast's contact page Subscribe to our YouTube channel Subscribe to the podcast There are more episodes to come, so remember to subscribe! You can do so in your favorite podcast apps here and don't forget to give us a 5-star rating, please: Apple Podcasts Spotify TuneIn Amazon Podcasts Deezer iHeartRADIO PlayerFM Listen Notes Podcast Addict Podchaser
Episode Title: Navigating Challenges and Innovations in the Furniture IndustryEpisode Summary:In this episode, we explore the latest developments shaping the furniture industry. From the impact of recent sales reports and the challenges of rising ocean container rates to insights from home remodeling trends and highlights from the Furniture Manufacturing Expo, we cover a wide array of topics. We also discuss strategic expansions by major retailers and significant industry investments. Join us for a comprehensive look at the current state of the furniture market and what the future holds.Key Topics:Sales Report Analysis:Despite Memorial Day sales events, the furniture industry saw a 6.8% decline in May sales year-over-year.Comparison with broader retail trends showing a 2.3% increase in overall retail sales.Rising Ocean Container Rates:Significant cost increases for shipping containers from China to the U.S.Contributing factors: early peak season, Red Sea conflicts, Panama Canal drought, and possible market manipulation.Home Remodeling Trends:States leading in home remodeling: Illinois, Colorado, Maryland.Impact on local furniture sales and market potential.Furniture Manufacturing Expo Highlights:Innovations in manufacturing efficiency and cost reduction.Importance of supplier diversification and new product demonstrations.Retail Expansion Plans:Bob's Discount Furniture's upcoming store openings across several states.La-Z-Boy's slight sales dip but overall optimistic outlook for growth.JCPenney's Supply Chain Investment:$40 million upgrade to the Reno, Nevada distribution center.Enhancements in order efficiency and customer experience with new technology.Notable Quotes:"The furniture sector is grappling with lower numbers, facing one of the steepest year-over-year declines across measured retail sectors.""Importers are advised to book shipments as far in advance as possible, with some advocating for eight weeks ahead due to current logistical challenges."Industry Insights:The current economic climate poses challenges, but there are pockets of opportunity, especially in regions with high home remodeling activity.Innovations and efficiency improvements showcased at the Furniture Manufacturing Expo highlight the industry's resilience and adaptability.
On this week's episode of the Trade Guys, we discuss elections in India, Mexico, and South Africa, rising shipping costs due to the Red Sea crisis, and U.S. Trade Representative Katherine Tai's recent op-ed.
Stocks surge into the close but major averages ended May lower. RBC's Lori Calvasina on the path forward for the markets. Flexport CEO Ryan Petersen on shipping costs surging and how transports are impacting inflation. Siemens CEO Roland Busch on automation in manufacturing and how the European giant is positioning its portfolio mix.
SAIC to share hybrid car tech with Volkswagen, GM; CATL partners with French shipping giant to explore electric ship collaboration. Subscribe to a bundle deal now to unlock all coverage by Caixin Global and The Wall Street Journal for only $200 a year. It's a 66% discount. Group access and applicable discounts are available. Contact us for a customized plan.
The conversation revolves around the frustration of hairstylists with the availability and distribution of hair products, particularly high-end brands. The hosts discuss the challenges of carrying certain product lines in salons and salon suites, including minimum purchase requirements and restrictions. They express concern about the availability of these products in stores like Costco, which may lead to incorrect usage and poor hair decisions. The hosts also touch on the importance of professional hairstylists in recommending and analyzing hair products. They share personal experiences with brands like Oribe and Dyson, highlighting issues with distribution, customer service, and lack of discounts for hairstylists. Demetra and Barbara discuss their frustrations with the hair product industry. They talk about the ownership of major brands, the challenges of finding and distributing products, and their favorite product lines. They also touch on the importance of quality ingredients and the impact of shipping costs on small businesses. Overall, they highlight the need for the industry to prioritize the needs of professionals and make products more accessible.TakeawaysHair product distribution can be challenging for hairstylists, with minimum purchase requirements and restrictions in place.The availability of high-end hair products in stores like Costco may lead to incorrect usage and poor hair decisions.Professional hairstylists play a crucial role in recommending and analyzing hair products based on individual needs.Personal experiences with brands like Orbe and Dyson highlight issues with distribution, customer service, and lack of discounts for hairstylists. The hair product industry is dominated by major brands, with L'Oreal Group owning many consumer and professional brands.Finding and distributing products can be challenging, with different distributors and contracts limiting availability in certain areas.Demetra and Barbara share their favorite product lines, including Pureology, Olaplex, Moroccan Oil, Goldwell, Oribe, R+Co, AZ Haircare, and Living Proof.They emphasize the importance of quality ingredients and the need for products to be accessible to professionals.Shipping costs can be a significant expense for small businesses, impacting their ability to offer a wide range of products.Chapters00:00Introduction and Frustration with Hair Product Distribution04:43The Impact of Availability of Professional Product Lines in Retail Stores09:04The Importance of Professional Hairstylists in Product Recommendations13:29The Overwhelming Number of Hair Product Brands25:31Favorite Product Lines35:26Impact of Shipping Costs on Small Businesses Email us at justhairmeoutpodcast@gmail.comWatch epdisodes on our YouTube channel!https://www.youtube.com/@JustHairMeOutVenmo @Barbara-BodilyAny donations are welcome and appreciated to support the producing of this podcast.Facebook: Just.Hair.Me.OutInstagram: just.hair.me.out.podcastTikTok: @just.hair.me.out
Host Chris Jennings and Dr. Mike Brasher sit down and discuss the hot topics of discussion for duck and goose hunters this spring. It may be turkey season, but avid duck and goose hunters still want to talk about waterfowl. Brasher provides an in-depth overview of avian flu, Season in Review document, habitat conditions, and a few other bits of must-know information.www.ducks.org/DUPodcast
Questions? Comments? We love feedback! Email us at info@baishavaad.org
The Red Sea is a crucial artery for around 15% of global maritime trade, says Ashish Utarid, Assistant Vice-President, Investment Strategy at IG Wealth Management. He says the attacks by the Houthi movement on commercial and navigational ships has already detoured 2,000 vessels and led to significant shipping delays. He examines whether this is a bump in the road or if it could have a lasting impact on the markets.
The Daily Business and Finance Show - Thursday, 11 January 2024 We get our business and finance news from Seeking Alpha and you should too! Subscribe to Seeking Alpha Premium for more in-depth market news and help support this podcast. Free for 14-days! Please click here for more info: Subscribe to Seeking Alpha Premium News Today's headlines: Hysteria over a spot Bitcoin ETF reaches fever pitch: Why is it such a big deal? Red Sea crisis: Shipping costs swell further; Houthis launch biggest attack yet SEC at long last approves spot bitcoin ETFs (updated) Energy Transfer announces offering of senior notes and junior subordinated notes Berkshire Hathaway's share of Occidental Petroleum hits 34% Nasdaq, S&P, Dow end higher in run-up to big inflation report, start of earnings iRobot plunges to session lows amid report Amazon won't offer remedies in Europe Surging freight rates mean U.S. crude no longer competitive in Asia Explanations from OpenAI ChatGPT API with proprietary prompts. This podcast provides information only and should not be construed as financial or business advice. This podcast is produced by Klassic Studios Learn more about your ad choices. Visit megaphone.fm/adchoices
Labrador Morning from CBC Radio Nfld. and Labrador (Highlights)
A Nain man says if he was ordering a Christmas tree for Beyoncé, he might be able to understand the shipping cost. But he was just trying to ship a tree from Happy Valley-Goose Bay to his home in Nain, and he's pretty upset that his shipping costs have tripled since last year. Labrador Morning's Rhivu Rashid spoke with Rex Holwell of Nain and Philip Earle of Air Borealis.
Uncork the best wines for your palate with Napa Valley Elite's guide to the most popular American wine clubs and discover how you can save money as the cost of wine goes up. Get your copy for FREE at https://napavalleyelite.com/most-popular-wine-club Napa Valley Elite City: New York Address: 60 W 23rd St Website https://napavalleyelite.com/ Phone +1 877 675 4340 Email scott.hall@betteronlineinfo.com
Episode brought to you by Trend & Finaloop.Join 15k founders and marketers & get our pod highlights delivered directly to your inbox with the DTC Pod Newsletter!On this episode of DTC pod we cover:1. Importance of personal relationships in business2. Proactive measures for building connections3. Challenges and solutions in logistics and fulfillment4. Trends in the vitamins and supplements industry5. The significance of research and negotiation in sourcing products6. Scaling challenges and the impact on operations7. Focusing on the right aspects of running a businessTimestamps02:19 Unlocking brand potential through logistics, no minimums.03:27 Action sports engineer finds value in baby industry.05:56 Vitamins, makeup, coconut, pets, sales, negotiations, fulfillment.08:48 Unlocking brand potential, saving money, finding clients.15:06 Understanding the human effort behind logistics.16:29 Direct-to-consumer brands need efficient supply chains. When should they consider using a Three PL?20:24 10k customers start experiencing difficulties; 14k is critical.24:33 Brands should focus on solving specific problems.27:00 Gift set, dog birthday cake - Shopify, BigCommerce, EDI compliance.31:39 Subscription-based supplement brand needs efficient tech stack.34:28 Extensive connects to logistics and networks 3PLs.39:37 Smooth transition for onboarding and brand management.40:39 Pet brand without sales wants to monetize.45:13 Agnostic packaging and product management, saving money.47:10 Find similar product sources using Import Yeti.50:18 Establish relationships, pick up the phone.Shownotes powered by CastmagicPast guests & brands on DTC Pod include Gilt, PopSugar, Glossier, MadeIN, Prose, Bala, P.volve, Ritual, Bite, Oura, Levels, General Mills, Mid Day Squares, Prose, Arrae, Olipop, Ghia, Rosaluna, Form, Uncle Studios & many more. Additional episodes you might like:• #175 Ariel Vaisbort - How OLIPOP Runs Influencer, Community, & Affiliate Growth• #184 Jake Karls, Midday Squares - Turning Your Brand Into The Influencer With Content• #205 Kasey Stewart: Suckerz- - Powering Your Launch With 300 Million Organic Views• #219 JT Barnett: The TikTok Masterclass For Brands• #223 Lauren Kleinman: The PR & Affiliate Marketing Playbook• #243 Kian Golzari - Source & Develop Products Like The World's Best Brands-----Have any questions about the show or topics you'd like us to explore further?Shoot us a DM; we'd love to hear from you.Want the weekly TL;DR of tips delivered to your mailbox?Check out our newsletter hereFollow us for content, clips, giveaways, & updates!DTCPod InstagramDTCPod TwitterDTCPod TikTok Paul Jarrett - CEO of BuluRamon Berrios - CEO of Trend.ioBlaine Bolus - Co-Founder of Castmagic
Hold on to your butts. Cause this ep's unleashing all of the best tips and tricks any founder launching their e-commerce brand must know. Nik and Moiz are sharing their insights about exactly what your tech stack should look like, why strong product messaging is the #1 thing your brand should focus on, and what the five essential components of launching any brand should include. And don't think they're skimping out shipping or teaching you how to choose the right 3PL company. If you're doing it through a Google search or social media ads, STOP WHAT YOU'RE DOING RIGHT NOW. And tune in now because the guys are gonna talk you through exactly what to do next. Just remember to fill out the survey at the end of this podcast and leave us your shirt size. 00:01:53 - The Five Pillars of Brand Launch Success 00:03:36 - How to Build a High-Converting Website 00:05:01 - Building a Strong Organic Social Presence 00:10:42 - Avoid the Mistake of Custom Website Development 00:14:34 - Launching a Brand: Order Tracking 00:18:52 - Optimizing Your Site for Customer Acquisition 00:20:52 - Designing Products with Shipping Costs in Mind 00:26:36 - Negotiating Discounts and Payment Terms 00:28:34 - Enhancing Customer Experience: Unboxing vs. Marketing 00:35:46 - Optimizing Credit Cards and Finance 00:37:25 - How to Start a Business with Minimal Investment 00:38:47 - Choosing Between Wholesale and Direct-to-Consumer 00:41:59 - How to Reach $5K a Day with Unique Selling Propositions Smart operators know that actively managing cash flow is a real unlock to increase profits. Highbeam is a banking platform built to help brands do just this. Learn how Highbeam automatically saves brands thousands of dollars through its high-yield accounts, lines of credit, and cash-back cards with a personalized savings estimate at highbeam.co/limitedsupply Want more DTC advice? Check out the Limited Supply YouTube page for more insider tips. Check out the Nik's DTC newsletter: https://bit.ly/3mOUJMJ And if you're looking for an instant stream of on-demand DTC gold, check out the Limited Supply Slack Channel for Nik and Moiz's most unfiltered, uncensored thoughts. Follow Nik: Twitter: twitter.com/mrsharma Follow Moiz: Twitter: twitter.com/moizali
Mark Lavelle has over 20 years of experience growing businesses at the intersection of commerce, payments, and internet technology. He's Co-Founder, Chairman and CEO of Deep Lake Capital. Previously, Mark was SVP of Commerce at Adobe as a result of the $1.7B acquisition of Magento where he was CEO. Other senior leadership roles include eBay, PayPal and Bill Me Later.SHOW SUMMARYIn this episode of eCom Logistics Podcast, Mark Lavelle discusses the changing landscape of e-commerce logistics and the opportunities for disruption in the market. He emphasizes the importance of meeting customer expectations for fast and transparent delivery, and how companies can optimize their shipping processes to achieve this. Mark also highlights the potential impact of Amazon entering the small parcel delivery space and the need for consolidation in the final mile segment. He shares insights on Maergo's approach to solving the shipping problem and the benefits of their end-to-end solution. Mark concludes by discussing the future of e-commerce logistics and the need for sustainable business models in the industry.HIGHLIGHTS[00:01:28] Mark's background and his involvement with PayPal Mafia[00:05:32] The changing landscape of small parcel delivery[00:06:11] Opportunities for disruption in the market[00:08:00] Tackling the end-to-end problem in shipping[00:09:00] Defining the problem of growing consumer expectations for delivery[00:10:23] Solving the logistics challenge for small to medium-sized sellers[00:15:16] New entrants like DoorDash and Instacart change the delivery equation.[00:16:26] The control over the pre-click experience is valuable.[00:17:15] Shipping transparency and costs are crucial to consumers.[00:18:49] The gap in consumer expectations needs to be addressed.[00:27:14] Need for A/B testing to show the impact of faster delivery[00:28:29] Challenges of splitting inventory and the need for cost containment[00:30:07] Advantages of operating out of a single node for efficiency[00:38:02] Frustration with slow-moving warehouse systems[00:38:35] The need for multi-carrier systems to easily add new carriers[00:39:12] Amazon's announcement of charging a 2% cut for self-fulfilled orders[00:41:01] Amazon's focus on customer expectations and delivery promise[00:44:39] Lack of dominance in the logistics industry and opportunity for strategic VCsQUOTES[00:21:44] "You have to orient your supply chain and your parcel chain, and your consumer brand strategy really to meet their needs of up leveling expected delivery date, transparency around cost, and transparency around every stage of delivery." - Mark Lavelle[00:22:55] "If you want it expedited, there's going to be a way, it's going to be this. It builds more trust than waiting until the end of the process and having the customer abandoned."Find out more about Mark Lavelle in the link below:LinkedIn: https://www.linkedin.com/in/mklave/
In this episode, Tudor discusses the impact of freight shipping on people's lives and the recent bankruptcy filing of Yellow, a major freight company. Tudor explores the role of unions in this situation and criticizes their actions, highlighting the potential consequences for consumers and the loss of jobs. She also touches on other topics such as the shutdown of the Keystone pipeline, rising gas prices, and the Biden administration's energy policy. The Tudor Dixon Podcast is part of the Clay Travis & Buck Sexton Podcast Network - new episodes debut every Monday, Wednesday, & Friday. For more information visit TudorDixonPodcast.comFollow Clay & Buck on YouTube: https://www.youtube.com/c/clayandbuckSee omnystudio.com/listener for privacy information.
In this episode, Tudor discusses the impact of freight shipping on people's lives and the recent bankruptcy filing of Yellow, a major freight company. Tudor explores the role of unions in this situation and criticizes their actions, highlighting the potential consequences for consumers and the loss of jobs. She also touches on other topics such as the shutdown of the Keystone pipeline, rising gas prices, and the Biden administration's energy policy. The Tudor Dixon Podcast is part of the Clay Travis & Buck Sexton Podcast Network - new episodes debut every Monday, Wednesday, & Friday. For more information visit TudorDixonPodcast.comSee omnystudio.com/listener for privacy information.
In this episode, Tudor discusses the impact of freight shipping on people's lives and the recent bankruptcy filing of Yellow, a major freight company. Tudor explores the role of unions in this situation and criticizes their actions, highlighting the potential consequences for consumers and the loss of jobs. She also touches on other topics such as the shutdown of the Keystone pipeline, rising gas prices, and the Biden administration's energy policy. The Tudor Dixon Podcast is part of the Clay Travis & Buck Sexton Podcast Network - new episodes debut every Monday, Wednesday, & Friday. For more information visit TudorDixonPodcast.comSee omnystudio.com/listener for privacy information.
Heard of the Framing Effect? - If not. You should pay attention We use it all the time to boost conversion rate for ecom brands Let me give you my favorite 5 ways to test it out yourself
There are countless opportunities for success when it comes to cross-selling and collaborating with other businesses. For instance, a store that specializes in makeup can easily cross-sell brushes, mirrors, and pouches to their customers. Similarly, a bike shop can sell helmets and other protective gear without having to manufacture them themselves. The possibilities are endless, and by expanding your product offerings, you can increase your revenue and customer base.In this episode, Jordan West sits down with David Perry of Carro to discuss the benefits of cross-store selling. They delve into how to identify the right products to cross-sell, and why selling someone else's product can be a lucrative source of profit. Additionally, they share invaluable tips on how to establish and cultivate strong relationships with potential business partners.Listen and learn in this episode!KEY TAKEAWAYS FROM THIS EPISODE:Every brand wants to figure out how to get more attention and how to get more sales.The most successful people always know the questions to ask and they also constantly ask questions.It is possible to build a beautiful store with beautiful products and get zero traffic. A challenge for entrepreneurs is to get attention and to keep the attention coming.Carro's concept is to collaborate to sell more together.Building a lot of great partnerships keeps your business alive.There could be a lot of products you can cross-sell in conjunction with the products you are already selling.Find a way to try as many hobbies as you want. Hobbies can be a great conversation starter to build rapport and connection with your potential business partners.Opening yourself up and being interested in people opens opportunities for learning and success.Think of something related to what you are doing and ask a question in a way you know you'll get 100% yes.Recommended Tools:Chat GPT https://openai.com/blog/chatgptSteam https://store.steampowered.com/Recommended Audiobook:The Road Less Stupid by Keith Cunninghamhttps://www.amazon.com/Road-Less-Stupid-Keith-Cunningham/dp/0984659269Today's Guest:David Perry is a veteran of the video game industry. He is a co-founder and currently the CEO of Carro. They connect Shopify stores together to cross-sell products without the hassle and collaborate to reach greater success together.Connect and learn more about David and Carro here: LinkedIn: https://www.linkedin.com/in/dperry/Website: https://www.getcarro.com/Get 5 Offers for 2 Products (10 in total) along with 10 highly engaging tried and true creatives, 30 captivating headlines, descriptions, and ad texts sent to you for only $99. Go to https://www.upgrowthcommerce.com/offer and order now - this offer is only available for a limited time.We love our podcast community and listeners so much that we have decided to offer a free eCommerce Growth Plan for your brand! To learn more and how we can help, click here: upgrowthcommerce.com/grow Join our community and connect with other eCommerce brand owners and marketers! https://www.facebook.com/groups/secretstoscalingpodcast
In this episode, the FBA University boys discuss how to get the lowest shipping rates and addresses every single order you send to Amazon! Apply for our Amazon FBA Accelerator 2.0 Program https://accelerator.fbauniversity.org/ The Amazon Private Label Show Hosted by Michael (@wishzen) and Ryan (@TheFBAInvestor), two former corporate 9-5ers who were able to leave their job through the creation of Amazon private label businesses. The show is intended to inform current and future Amazon Sellers of the latest tips, strategies and mindsets to run a successful Amazon Private Label business. FBA University Discord (FREE for First 30 Days) https://fbauniversity.org/ Grab Helium 10 with our EXCLUSIVE Discount! (20% OFF 6 Months) https://bit.ly/3Ycrlk9 Grow Your Amazon Business Through Our Expert Ad Management Service https://ads.fbauniversity.org/ Get in Touch with Michael & Ryan: YouTube (FBA University): https://www.youtube.com/channel/UC9noi54CxqLkiGqGchA_HnA Twitter Michael: https://twitter.com/wishzen Ryan: https://twitter.com/TheFBAInvestor Instagram Michael: https://www.instagram.com/michaelwishko/ Ryan: https://www.instagram.com/thefbainvestor/ Q&A Form: https://bit.ly/3zxw1re
Meet Elyse Collat: Ecommerce pro and pet adventure business Founder turned Head of Ecommerce at Thank You and Frank Green. Discover how her new venture, Wild Thing Ecommerce, simplifies the digital jungle for aspiring entrepreneurs! Produced by Pivotal Conversations Edited by Pivotal Conversations 05:11 - Leveraging Ecommerce Leadership for Business Growth 09:41 - Why Your Business Needs a Strong Ecommerce Team 14:09 - Unlocking Ecommerce Success for Your Business in Today's Market 22:32 - How to Discover the Perfect Niche for Your Brand 25:30 - The 4 Ps of Ecommerce: Problem, People, Product, Profit for Business Owners 34:12 - Captivating Your Audience and Establishing Unique Positioning for Your Brand 37:08 - Mastering Pricing Strategies for Higher Profits in Ecommerce 44:50 - Expert Tips on Pricing Strategies for Business Owners in Ecommerce 48:09 - Key Factors to Consider for Shipping Costs in Your Ecommerce Business 54:16 - Embracing Failure as a Business Owner in the Ecommerce World 58:39 - Essential Traits for Ecommerce Success 50% OFF YOUR FIRST EPISODE WITH PIVOTAL CONVERSATIONS: ENQUIRE NOW | https://form.typeform.com/to/Yip9hyME GET BUSINESS INSURANCE HERE: BIZCOVER | https://www.bizcover.com.au/?utm_source=pivotal_conversations&utm_medium=referral&utm_campaign=podcast USE CODE: PIVOTAL25 SUBSCRIBE HERE: https://www.youtube.com/channel/UCOIut6UUkQp-xI6YOs8SvWQ LISTEN ON SPOTIFY: https://open.spotify.com/show/2nGZ292Mhf5eknEwhZA8zq?si=5ac423d2107d4781 LISTEN ON APPLE PODCASTS: https://podcasts.apple.com/au/podcast/pivotal-conversations/id1479491840 FOLLOW PIVOTAL CONVERSATIONS: INSTAGRAM | https://instagram.com/pivotalconversations TIKTOK | https://tiktok.com/@pivotalconversations FOLLOW KYLE: INSTAGRAM | https://instagram.com/kylertraynor FOLLOW ELYSE: INSTAGRAM | https://www.instagram.com/wildthingecommerce
eBay Shipping Calculator1-On-1 CoachingFree Flipping Course: freeflippingcourse.com/Follow us on Instagram: https://www.instagram.com/fleamrktflipper/Check out our FREE Workshop: https://courses.fleamarketflipper.com/flipper-university-workshop-webinarYou can find us at: https://fleamarketflipper.com/
On this episode of DTC Pod, We dive into the challenges of building a product that combines traditional accounting, finance, and tax with the progressive world of DTC, and the importance of financial statements, tax-saving opportunities, and inventory management. We also explore the impact of integrating real-time cost of goods sold data, the importance of understanding profit, financing, and cash flow, and the potential of measuring return on net profit. Finally, we talk about ways to identify profitable products and unlock business opportunities, and why focusing on conversion alone may not necessarily lead to profitability. [00:01:34] Real-time ecommerce bookkeeping. Inventory system coming.[00:04:12] Lios background in accounting and law.[00:08:35] Essential financial basics for DTC brands.[00:12:02] Ecommerce-specialized bookkeepers and software.[00:16:02] Finaloop - high-value real-time accounting.[00:23:54] Full ledger with SaaS functions. Investing in R&D.[00:27:47] Integrating inventory management system.[00:31:06] Real-time financial data. Net profit-based ROAS.[00:38:37] Understanding profits, cash flow, and financing is crucial.[00:47:53] Tips: pick up deductions, recognize bad debt, legit deductibles.The Rise of DTC Brands in the Financial Ecosystem: "I just couldn't ignore the big opportunity of combining, I'd say, the traditional word of accounting finance tax into the progressing word of DTC. And this is basically how Finaloop was born."— Lio Pinchevski 4:12Outsourcing Bookkeeping: "Even for these firms, the bookkeeping work is usually a loss making part of the business that is just meant to cross finance the more profitable part of the business, which is the CFO and the taxes."— Lio Pinchevski 16:02Challenges of building a broad MVP: "With us, we're a different animal. We are somewhere between an infrastructure company and a SaaS company. So we built on one side a ledger, a full ledger, and then on the other side, we need to add SAS features to this ledger. This is unique because if you think about bookkeeping, either I do your bookkeeping or I don't do your bookkeeping, and then you need to get a bookkeeper."— Lio Pinchevski 23:54Real-time Business Management: "If we ask 100 brand owners right now how much money in cash and in profit they did yesterday, 100% would tell you that they don't know. They know roughly how the business is doing. They don't know exactly how it's doing. And the difference in 2023 between roughly and exactly is huge." - Finaloop's focus on real-time PNL, balance sheets, and KPIs can revolutionize brand management by providing exact information instead of approximations.— Lio Pinchevski 31:06powered by castmagicEpisode brought to you by Finaloop, the real-time accounting service trusted by hundreds of DTC Brands. Try Finaloop free - no credit card required. Visit finaloop.com/dtcpod and get 14 days free and a 2-month P&L within 24 hours.Past guests & brands on DTC Pod include Gilt, PopSugar, Glossier, MadeIN, Prose, Bala, P.volve, Ritual, Bite, Oura, Levels, General Mills, Mid Day Squares, Prose, Arrae, Olipop, Ghia, Rosaluna, Form, Uncle Studios & many more.Additional episodes you might like:• #175 Ariel Vaisbort - How OLIPOP Runs Influencer, Community, & Affiliate Growth• #184 Jake Karls, Midday Squares - Turning Your Brand Into The Influencer With Content• #205 Kasey Stewart: Suckerz- - Powering Your Launch With 300 Million Organic Views• #219 JT Barnett: The TikTok Masterclass For Brands• #223 Lauren Kleinman: The PR & Affiliate Marketing Playbook• #243 Kian Golzari - Source & Develop Products Like The World's Best Brands-----Have any questions about the show or topics you'd like us to explore further?Shoot us a DM; we'd love to hear from you.Want the weekly TL;DR of tips delivered to your mailbox?Check out our newsletter hereFollow us for content, clips, giveaways, & updates!DTCPod InstagramDTCPod TwitterDTCPod TikTokLio Pinchevski - Founder and CEO of FinaloopRamon Berrios - CEO of Trend.ioBlaine Bolus - Co-Founder of Seated
Episode brought to you by Trend & Finaloop.On this episode of DTC Pod, Izzy Joins Blaine to lead a masterclass on saving on shipping.1. What are the most common mistakes when negotiating shipping rates?2. What surcharges and hidden fees most commonly drain shipping budget?3. What are the most common overlooked details that make brands lose money on shipping?4. What type of shipping carrier is best for my store?shownotes powered by castmagic 00:04:28 - Shipping costs = 10% of revenue00:09:31 - Create account, leverage resellers00:14:08 - Consult peers, ask for transparency00:18:01 - Use lightweight services, regional carriers00:24:41 - Optionality and reduced rates with regionals00:28:03 - Service, volume, contract negotiation = cost00:31:34 - Know carrier, understand data, negotiate everything00:37:41 - Negotiate discounts; be proactive about rate increases00:42:21 - FedEx EB increasing costs, offer discounts00:46:16 - Negotiate for peak period costs Episode brought to you by Finaloop, the real-time accounting service trusted by hundreds of DTC Brands. Try Finaloop free - no credit card required. Visit finaloop.com/dtcpod and get 14 days free and a 2-month P&L within 24 hours.Past guests & brands on DTC Pod include Gilt, PopSugar, Glossier, MadeIN, Prose, Bala, P.volve, Ritual, Bite, Oura, Levels, General Mills, Mid Day Squares, Prose, Arrae, Olipop, Ghia, Rosaluna, Form, Uncle Studios & many more.Additional episodes you might like:• #175 Ariel Vaisbort - How OLIPOP Runs Influencer, Community, & Affiliate Growth• #184 Jake Karls, Midday Squares - Turning Your Brand Into The Influencer With Content• #205 Kasey Stewart: Suckerz- - Powering Your Launch With 300 Million Organic Views• #219 JT Barnett: The TikTok Masterclass For Brands• #223 Lauren Kleinman: The PR & Affiliate Marketing Playbook• #243 Kian Golzari - Source & Develop Products Like The World's Best Brands-----Have any questions about the show or topics you'd like us to explore further?Shoot us a DM; we'd love to hear from you.Want the weekly TL;DR of tips delivered to your mailbox?Check out our newsletter hereFollow us for content, clips, giveaways, & updates!DTCPod InstagramDTCPod TwitterDTCPod TikTokIzzy Gewirtzman - Founder of ShiplionRamon Berrios - CEO of Trend.ioBlaine Bolus - Co-Founder of Seated
a moderation vibe is settling over the global economy, heralding a lackluster period ahead.US jobless claims rose last week by +224,000 which was higher than expected and perhaps the start of the long-awaited labour market slowdown. There are now 1.9 mln people on these programs which is still low however, an insured unemployment rate of 1.3%. (NZ Jobseeker-to-labour force rate is 3.4%.)In its final estimate for Q4-2022 GDP, the US reported that their economy expanded an annualised +2.6%, slightly less than initial estimates of a +2.7% rise. Consumer spending rose +1% and below the +1.4% in the second estimate, as spending on services advanced much less than initially assumed.The Boston Fed President says she expects only one more +25 bps rate hike from the Fed in this cycle. In her view, inflation will continue to moderate, and there won't be a hard landing.In Germany, their inflation rate is pulling back now too and as expected. It eased further to 7.4% from a year ago in March, down from 8.7% in the previous two months. Analysts were expecting a March rate of 7.3%. The actual rate was its lowest since August 2022. It peaked at 8.8% in October 2022. There is a downside however, the February to March increase ran at an annualisted rate just below +10%.EU sentiment eased marginally in March to remain well below its long run average. It is consumers more than businesses that keep this measure low.In Australia, job vacancies are slipping although are still at a relatively high level. However, this is the first quarterly decline since August 2021, so perhaps this data is telling us something.The cost of containerised shipping freight fell another -2% last week to now be -36% lower than its ten year average, but still +21% above its pre-pandemic level. China-US rates fell the most, but there was a small uptick in China-EU rates which we haven't seen in a while. Freight rates for bulk cargoes were little-changed last week.The UST 10yr yield starts today at 3.56%, unchanged from yesterday. The UST 2-10 rate curve is marginally more inverted at -55 bps. Their 1-5 curve inversion is greater at -95 bps. And their 30 day-10yr curve is very much more inverted at -92 bps. The Australian ten year bond is up +3 bps at 3.36%. The China Govt ten year bond is unchanged at 2.88%. And the New Zealand Govt ten year is starting today up at 4.25%. That is another +6 bps rise.Wall Street is still on the up, with the S&P500 tracking a +0.3% rise in late Thursday trade. Overnight, European markets were all positive and up +1.2% except London which gained +0.7%. Yesterday Tokyo ended its Thursday session down -0.4%. But Hong Kong was up +0.6%, and Shanghai ended up +0.7%. The ASX200 ended up a +1.0%, and the NZX50 rose +1.7% in its Thursday trade with a final burst higher across most sectors.The price of gold will open today at US$1983/oz and up +US$18 from this time yesterday.And oil prices start today up +50 USc from yesterday at just on US$74/bbl in the US. The international Brent price is now just under US$78.50/bbl.The Kiwi dollar is up nearly +½c against the USD and now at 62.6 USc. Against the Aussie we are firmish at 93.3 AUc. Against the euro we are little-changed at 57.4 euro cents. That means the TWI-5 is now at 70.4 with a +20 bps daily rise.The bitcoin price is very little-changed today, now at US$28,257 and up less than +0.1% from this time yesterday. Volatility over the past 24 hours has been moderate however at +/-2.0%.
Selling large, high-end products is not only possible but can be very profitable. Katie Meitzler and her husband have built a successful online business doing just that. In this episode of How to Sell Online, Katie shares how they keep their customers happy and coming back to buy more, what they've learned and implemented to reduce overwhelm, how they continue to produce high quality products but were able to increase their profits and how she's using TikTok to help grow her business. Listen now to find out how she's grown a business that allows her to be home, involved with her kids and doing something she loves.Connect with Katie:Website: www.redfoxprimitives.comInstagram: @redfoxprimitivesInstagram: @katieameitzlerConnect with Alison:Facebook @alisonjprinceInstagram: @alisonjprinceGet your free Because I Can planner (you just pay shipping) at https://go.alisonjprince.com/life-planner-order2Learn about the 0-100K System and how you can launch and grow your own online business at https://0-100k.com/master-class-reg-page
Today's Link: https://bahnsen.co/3E7qE3V The CPI number for the month of January came in at +0.4% for core inflation and +0.5% for headline inflation, exactly in line with expectations. The year-over-year number is down to 6.4%, vs. the high of 9.1% last summer, and less than last month's 6.5%. This represents seven months in a row of a declining inflation rate. Core goods have now deflated by 4.8% on an annualized basis over the last four months. The deflationary drag of core goods will wear off in the months ahead as the year-over-year comparison wanes (lower comparative number, otherwise known as base effect). Shipping Costs from China are down -90% from a year ago and it seems some people just want to act like that is a small factor in all of this (or prices being 10x higher than they are now was a small factor in the previous goods inflation). I remain mystified by this willful blindness. “Owner's Equivalent Rent” was up +0.7% on the month and 7.8% on the year. Uh-huh. The disinflationary impact from shelter is expected to become visible in the data from March through the end of the year (last March people were still signing leases higher than those the month before, but by spring the rents peaked and then downward pressure began in earnest in the second half of the year, so that gets picked up in year-over-year numbers this year). I believe the impact of this will be worth three full percentage points to headline CPI by the end of the year (meaning, shaving three points off). Some other analyst estimates have it between 2.5% and 2.8% of a downward impact. The new category of “super-core” inflation – that is, inflation on that which is left when you exclude food, energy, and housing, is sticking around 4% right now. Links mentioned in this episode: TheDCToday.com DividendCafe.com TheBahnsenGroup.com
The Ever Given made worldwide headlines when it became stuck in the Suez Canal in March 2021. The cargo ship's dilemma symbolised global supply chain disruptions that were reflected in a record surge in shipping costs. But those costs are now falling as quickly as they rose in 2020-21. What's behind the plunge, and can this help win the battle against inflation? In this episode of The Weekly Briefing, Simon MacAdam and Leah Fahy from our Global Economics team get to grips with the rise and fall – and potential disinflationary impact – of shipping costs. Plus, Group Chief Economist Neil Shearing talks about what zero-COVID means from a global macro perspective and explains why the latest UK house price was so shocking.
Shipping rates may be skyrocketing, but that doesn't mean your eCommerce business has to suffer. In our PalletSide Chat Podcast episode with ShipHero, COO Maggie Barnett brought together Brett Tepper from ModKat and Rich Brewer from Boutique Brands to discuss practical solutions for keeping costs low and customers happy. They cover everything from optimizing fulfillment processes to utilizing technology effectively. Tune in for the tips and tricks these experts have gleaned from their own experiences running successful eCommerce businesses in an ever-changing landscape. Don't let rising shipping rates hinder your success. PalletSide Chat is where you get the real scoop on what it takes to launch, grow, and scale D2C brands and 3PL operations. It doesn't matter if you're a first-time founder or an experienced veteran, we'll unpack stories, lessons and mistakes that are part of the journey. Your co-hosts are Alex Lewkowict (Co-Founder of Black Wolf Nation and COO of One23 Fulfillment) and Dan Van Meer (VP of Marketing at ShipHero). If you have comments or suggestions, let us know by emailing us at podcast@shiphero.com.
Comments? Feedback@SellSellSell.online *** USPS/FedEx Price Residential Delivery Price War *** USPS Price Increases and The Demise of the Regional Rate Box *** Setting a Lower Shipping Price to Buyers *** Lookout the eBay CAPITALIZATION Police Have Something to SHOUT About
ComixLaunch: Crowdfunding for Writers, Artists & Self-Publishers on Kickstarter... and Beyond!
Want to save some serious coin shipping to backers overseas? Then you need to listen to this one, as Tyler shares how the discovery of Pirate Ship's Simple Export Rate option helped slash over a thousand dollars in shipping costs during his last launch. For US creators shipping goods four pounds or less worldwide, this is a godsend and a game changer!
Slate Rock FR chose RF-SMART WMS to streamline their supply chain processes and get life-saving products for first responders out the door. However, they were still left with a shipping solution was slow, antiquated, and expensive. After implementing RF-SMART Shipping, Slate Rock FR was able to leverage the no-code rules engine and automated rate shopping to create a shipping process that meets the needs of their multi-faceted shipping requirements and reducing shipping costs by $4,000 a week. Designed with ease of use and configurability in mind, RF-SMART Shipping utilizes the smartest automation on the market for optimal performance. In a matter of seconds, just scan your sales order or tote, use a calculated weight or a quick scan to weigh the shipment, scan the barcode to select the box size, and print the label!What You'll Learn:Why Slate Rock FR chose RF-SMART ShippingThe rules and processes that Slate Rock FR has put into place that is saving them time and moneyWhat makes RF-SMART Shipping fast, configurable, and easy to useAdditional Resources: Watch the Video: RF-SMART Shipping for NetSuiteRead the Case Study: The Feetures StoryLearn More about Slate Rock FR: Slate Rock FR WebsiteWho You'll Hear: Sarah Archer, Senior Podcast & Digital Media Host @ RF-SMARTKevin Gaul, Product Manager @ RF-SMARTKayla Hill, Warehouse Manager @ Slate Rock FR
Kia ora,Welcome to Thursday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the International edition from Interest.co.nz.Today we lead with news supply chain cost pressures seem to be easing now.But first, US mortgage applications fell again last week and are now -23% lower than year-ago levels. Benchmark mortgage interest rates rose to 5.8% which puts them back to their highest since 2008. The American housing markets is in the doldrums, undermined by those rising rates.On Saturday NZT we get the next American jobs report and today we got the ADP pre-cursor employment report. It has been tracking the non-farm payroll quite well in its revised format. But they say the era of supercharged jobs gains may be over. They report a shift toward a more conservative pace of hiring in August, possibly as companies try to decipher their economy's conflicting signals. They say American jobs grew just +132,000 in August from July. The latest consensus for the non-farm payroll gains is +300,000 however, suggesting the strong jobs expansion remains on track.The ISM Chicago PMI for August in this heartland manufacturing region has the moderate expansion rolling on even if not as hot as it has been. But new order levels were up and order backlogs are growing in their region they say. They also say jobs are now easier to hire for.The official measure of Chinese factory activity contracted for a second straight month and the fifth decline in the past six months. These signs of weakness are building up now. Meanwhile the official Chinese service sector PMI is still expanding but at a slower pace. They can take some heart from that expansion even if it is their slowest in three months. The extended weakness has some analysts reducing their 2022 growth estimates down to just 3% and for such a large economy, that is a long way from Beijing's target of "about 5½%".China needs its stimulus projects to work, to pay off not only now with employment and spreading demand, but long-term by avoiding these 'investments' becoming white elephants. Sadly there is no assurance that will be the case. We may have underestimated how much is being committed to these projects. Some say US$1 tln, some say up to three times that once debt and company investments are added to the official largess. But will China get anything like US$3 tln in benefit from these projects, however laudable they may sound? It is pretty clear that all the prior stimulus they invested hasn't worked long term as planned - or they wouldn't have needed the new stuff. If this is rinse-and-repeat, we are witnessing waste on an epic scale. It is not only the Chinese property market that is causing company pain, their airlines are reporting deep losses as well.India said its economy expanded +13.5% in Q2-2022 from the same quarter a year ago, the most in a year, but less than the expected +15.2% gain. It is actually a remarkable spurt for the world's sixth largest economy. And it stands in stark contrast to China at the moment. But the Indian spurt, which came after a series of much lower gains, isn't expected to be repeated any time soon.Germany reported its unemployment rate as 3.2% in July, tighter than for June, and given their inflation stress, a somewhat surprising result. They have unusual pressures but they are yet to show up in their labour market. Employment is still expanding.The EU said its CPI inflation rate was 9.1% across the zone in August, a small rise from an already high level. They also said their core inflation rate was 4.3% however. But food prices were up more than +10% in August from a year ago.Russia reported a series of economic statistics overnight and none of them were positive, except perhaps their jobless rate which officially held at a low 3.9% level in June - which seems odd given all the other very negative data.Russia said it will shut down its NordStream 1 pipeline to Europe "for three days, for maintenance". The Europeans were expecting this new pressure. It not the first such shutdown and has only been operating at 20% anyway.In Australia, total construction work done unexpectedly fell by -3.8% on a quarter-on-quarter basis for the three months to June, sharply missing expectations of a +0.9% rise and following a -0.9% fall in the first quarter. It was the second straight of quarter decline in construction work done, due to a fall in building work done (-4.6%), residential (-6.8%), non-residential (-1.1%), and engineering work (-2.7%). Don't move to Australia for a construction job.Australian house prices took their biggest fall in 40 years in August, down -4.7% from year-ago levels. Prices in Sydney led the way down. Sydney is currently stuck in the chaos of public transport strikes, making life very difficult at present if you commute.Internationally, container shipping costs are falling faster now, down -4% last week, down almost -40% in a year although they are still well above five-year averages. Freight rates for bulk cargoes are falling fast now too and are now lower than pre-pandemic levels. The extreme cost pressure surrounding international supply chains are easing quickly now.The UST 10yr yield starts today at 3.14% and up +2 bps from this time yesterday. The price of gold will open today at US$1714/oz and down -US$10 from this time yesterday.And oil prices start today down -US$1.50/bbl at just under US$90/bbl in the US while the international Brent price is now just under US$96/bbl.The Kiwi dollar will open today at 61.2 USc and little-changed from this time yesterday. Against the Australian dollar we still down at 89.4 AUc. Against the euro we are down to 61 euro cents. That all means our TWI-5 starts today at 70.5 and another small retreat.The bitcoin price is now at US$19,982 and up +1.4% from this time yesterday. Volatility over the past 24 hours has been moderate at just on +/- 2.0%.You can find links to the articles mentioned today in our show notes.And get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston and we'll do this again tomorrow.
In this Sellernomics Podcast episode, Burak Yolga of Forceget will talk about How To Optimize International Shipping Costs for Amazon. He will also talk about What should Amazon sellers do to avoid being out of stock? How can they manage their FBA inventory before Q4? What will international shipping be like in 2023? Can air shipping be an option for staying in stock? Which is better: Amazon FBA or 3PL? What Is The Most Cost-Efficient Shipping Method For Amazon Sellers? What is the key point for China-USA shipments? Why Improving Communication With Your Freight Forwarder Is Important. What are the common shipping and supply chain vocabulary terms? What are the Most Common Mistakes When Working With A Freight Forwarder? About Burak Yolga of Forceget - https://www.forceget.com | sales@forceget.com Burak Yolga, Founder of Forceget Digital Freight Forwarder, has a bachelor's degree in international business with an MBA in Paris. He lived in China and Hong Kong for 7 years and visited more than 50 trade shows and 500 factories in more than 40 Chinese cities. He moved to Miami, FL, and started helping Amazon FBA sellers with their shipments from China. Forceget Digital Freight Forwarder specializes in shipping from China. They help hundreds of Amazon and e-commerce sellers optimize their shipping costs. Their digital portal provides online access for tracking shipments and communicating with their team without time difference problems. About GETIDA - https://bit.ly/Sellernomics-GETIDA With e-commerce growing annually by at least 30%, it will become harder and harder to audit what can amount to anywhere from 1-3% of your annual revenue. GETIDA is actively dedicated to improving the overall operations of Amazon FBA sellers. We've developed robust auditing software that keeps track of your Amazon FBA inventory transactions, refunds, seller data analytics, and FBA reimbursements easily and clearly. We maintain an agreeable, established relationship with Amazon, and our dedicated case managers draw on that relationship when filing FBA reimbursement claims on your behalf. We not only identify potential FBA reimbursement claims, our case managers file and follow up on all of your Amazon cases, providing a premium quality service for you and your business. You can join GETIDA for free and quickly discover the FBA reimbursements data on your Amazon account, get free consulting on how to improve your Amazon business, and much more!
Oops I forgot to talk about shipping costs…yes it's ridiculous here in Canada but we have free health care lol
Kia ora,Welcome to Friday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the International edition from Interest.co.nz.Today we lead with news both China and the US seem to be facing economic questions at the same time.There are mounting concerns about the giant American economy's resilience. Inflation is at 40-year highs, home sales are weakening but their red hot labour market has yet to show any sign of weakness.New American jobless claims fell marginally last week, and there are now 1.44 mln people on these benefits which is still close to an all-time low.But the initial 'flash' reading for real economic activity fell in the June-2022 quarter by -0.9%, on top of the -1.6% recorded fall for Q1-2022. If that is confirmed over the subsequent revisions, it will show the US economy has been in a shallow recession. In nominal terms it grew at an annual rate of +1.9% in Q2 but that was less than inflation. Over the past year it grew to US$24.85 tln and up +9.3% in nominal terms, up 7.8% at an annual rate in the second quarter alone. But that was less than price increases which for the household sector was a 9.1% inflation rate. The second estimate of this data will come in about four weeks.The puzzle in all of this is their labour market - growing fast with widespread labour shortages. If a recession is in fact declared for this 2022 period it will be the strangest one in memory, one with a record low jobless rate. Today, the bond markets 'believes' the recession story, but equity investors don't. History shows though it is unwise to ignore bond market signals.To confuse matters, the official arbiter of whether the US is in recession, the NBER, has always rejected the "two quarters down" rule. So the 'recession' designation is still up for grabs.Meanwhile, the Kansas City Fed's factory survey came in more positive for July than for June, back expanding at a strong pace and a much better level than was expected.And Mastercard reported stunning revenue growth, up more than +20% and far more than can be account for by inflation. This is not the sort of data that suggests recession.But the latest US Treasury bond tender reflects the risk-off mood sweeping bond markets. Their 7-year tender was well supported but the median yield fell to 2.65% from 3.20% at the prior event a month ago.In China, their top leadership has been meeting to address, the "complex and severe international environment and the arduous domestic reform" situation, a clear indication that their economy is not performing as it would like. The problems run deep, as they seem to acknowledge. But their "persistence is victory" mantra seems to indicate they will keep doing the same things that got them into this current trouble.In Europe, German inflation is staying very high, up 7.5% year-on-year with the month-on-month rises running at an even faster pace. This July data was higher than analysts were expecting.In Australia, retail sales activity disappointed in June. They rose a mere +0.2% from May after the May change was revised lower. This latest data was the softest rise in retail trade since a retreat in December 2021, and signals that retail volumes are shrinking as inflation bites harder. June's retail trade may be up +12% from year-ago levels, but the tepid May-to-June rise is the one catching the eye of analysts (up at an annualised rate of only +2.5%).The decline in global container shipping rates continued last week. Bulk cargo rates fell too.The UST 10yr yield starts today at 2.68% and down -5 bps from this time yesterday. The price of gold will open today at US$1753/oz in New York which is up +US$32 from this time yesterday.And oil prices are little-changed today at just on US$96/bbl in the US, while the international Brent price is still at US$101.50/bbl.The Kiwi dollar opened today up from this time yesterday to 62.8 USc. Against the Australian dollar we are up +½c to 90.1 AUc. Against the euro we are also +½c higher at 61.8 euro cents. That all means our TWI-5 starts today at 71.2.The bitcoin price has risen sharply from this time yesterday, up almost +11% to US$24,010 and most of the gain coming after the US GDP announcement. Volatility over the past 24 hours has been extreme at just over +/-5.7%.You can find links to the articles mentioned today in our show notes.And get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston and we'll do this again on Monday.
Mature pine forests in parts of the country that are usually felled by now are being left to grow as the international price for lumber has dropped. Exorbitant shipping costs due to fuel supply problems is a primary cause and it's left many logging contractors out of work. Laurie Forestry managing director Allan Laurie spoke to Corin Dann.
Investing You may be feeling that this year so far is the worst year investing in a long time. I'm here to tell you, you are correct if you are investing in the indexes and not value investing. Regarding stocks this has been the worst six months to start the year since 1970 as the S&P 500 was down 21% through the first six months. And if you thought you were safe in bonds at the beginning of the year, well that hasn't been the case. For the first six months of the year, US Treasuries were down about 11% which according to Duetsche Bank would be the worst start since 1788. And yes, you read that correctly it's been well over 100 years. And crypto, Bitcoin just lost more than 38% of its value in June which was the worst month ever. I have often said investing is simple but not easy. I think this year people who are investing in the indexes may have a little bit better understanding of what I was talking about. GDP Report I have been of the belief that we would not see a recession until 2023, but as more data continues to be presented, I believe we may now be in a recession. The most recent data from Q1 GDP now shows the economy contracted at an annualized rate of 1.6% which was deeper than the initial reading of 1.4%. My concern for Q2 is now that the consumer has not been able to keep up with inflation and a strengthening dollar will not bode well for our trade imbalance. The consumer is primarily what carries the economy as consumption makes up close to 70% of GDP. If we look at retail sales in April, they grew at an annual rate of 8.2%, but CPI came in at 8.3% for the month. In May retail sales grew at an annual rate of 8.1%, but inflation was 8.6%. I believe for June we will also see a similar picture. It is important to understand that GDP looks at real growth which factors in inflation. I believe that the inflation numbers may be too high for the consumer to provide real growth. I continue to hold the belief that this will not be a deep recession by any means, and this is not the time to sell strong companies that are trading at good valuations. The advance estimate for Q2 GDP is set to be released on July 28th. Interest Rates What is giving the markets so much indigestion over the last few days? Comments from Federal Reserve chairman Jerome Powell. He said he was more concerned about the risk of failing to stamp out high inflation than the possibility of raising interest rates too high and pushing the economy into a recession. Once again, I hate to say it, but he was late to the party to start raising rates and now I think he will stay at the party too long and raise rates too high. I'm in hopes that he will change his tune as he sees negative results going forward. I believe this will put investors on a bumpy road for the next couple of months. Gasoline Prices No surprise that the rising cost of gasoline is reducing the volume of gasoline sales. For the first full week of June gasoline sales declined 8.2% compared to the same week last year. This marked the 14th week in a row where sales have lagged compared to 2021 levels. With demand falling that could help ease prices going forward if we see a rise in inventories. Now all we must do is make sure that the federal and state governments do not temporally takeoff the gas tax which would artificially increase demand. Let market forces work through the problem. Taxes Individual taxpayers paid $2.6 trillion in taxes for the last fiscal year. This was a record of 10.6% of the economy which surpassed the 9.1% in the previous year. Where is all that money going? Inflation Relief Checks California will be issuing "inflation relief" checks that can total up to $1,050/family. Single taxpayers who earn less than $75,000 a year and couples who file jointly and make less than $150,000 a year will receive $350 per taxpayer. Taxpayers with dependents will receive an extra $350. There are a couple of reductions at various income levels and for couples that make over $500,000 and single taxpayers that make over $250,000 you will not receive a relief check. I have a couple of problems with this. Number 1, this does nothing to curb inflation and in fact could put even more pressure on prices as increased demand would only pressure the supply problems further. Have we not learned anything from all the stimulus the last couple of years? Number 2, the payments will not be issued until late October. Doesn't that seem like a strange time with elections coming up in November? Shipping Costs Part of inflation comes from shipping costs. We still receive a large amount of goods from China and the good news is since the beginning of the year the price of a container shipped from China to the United States has declined 34%. This could help in easing prices a little bit going forward. Starbucks I have been known to go to Starbucks once or twice a month but even with the 35% drop in the stock price this year I won't be buying the stock anytime soon. It has gotten bad enough that once again Schultz who founded Starbucks is coming back once again for the third time to turn the company around. The company is facing rising prices on commodities of 30% and additional $200 million expenses from wages, training, and technology. The analysts are singing the old song about it was trading at 27 times earnings per share but now at 22 times it's on sale. I don't believe a business goes on sale until it trades around 12 times earnings. What that means is I would not become interested in Starbucks stock until it fell into the 40s which would be another 30-40% decline. I've also pointed out before my fear of labor unions coming into Starbucks and destroying the great service that they have. Electric Vehicles If you're thinking about buying an electric vehicle to save on gas you may want to think again. In May electric vehicles were up 22% from a year earlier compared to an internal combustion vehicle which was up 14% and are $10,000 less expensive than an EV. That would buy a lot of gas even at current prices. People complain about all the money that oil companies are making but prices for lithium, nickel and cobalt used to make batteries are up almost 100% since the COVID-19 pandemic began. If you're thinking about buying a Tesla to pick up that's $7,500 federal tax credit, forget it, Tesla reached their sales cap of 200,000 and their vehicles no longer qualify. If you want an inexpensive option, look at the Chevy Bolt. GM cut the price $6000 to $27,000 after the largest safety recall. Now that the car is fixed and is a better car than before, it is on sale. Unfortunately, you can also forget about the federal tax credit here as well since General Motors also reached the 200,000 vehicles. But I still think one would be hard-pressed to find a better value for a car on the EV side than the $27,000 Chevy Bolt. Tirzepatide for Obesity I work out pretty regular, 4-5 days a week between 1 to 2 hours a day. Is it possible that there may be a quicker and easier way coming from drug company Eli Lilly trading under the stock symbol LLY which is very close to getting to market their obesity drug. The company presented proof at a diabetes conference in New Orleans that patients on the highest dosage drop 22% of their weight on average. The drug called Tirzepatide, did not reveal the timeframe of this weight loss but did reveal that side effects include nausea, diarrhea and also vomiting. The drug could be on the market within the next 12 to 24 months. With 42% of Americans now in the obese category sales of this drug are expected to be in the billions and the price tag on the drug appears to be about $20 per day. Even if this drug does help one lose weight exercise would still be needed to maintain muscle tone and cardiovascular fitness. Maybe down the road there will eventually be a pill one can take to replace the old fashion workout. Harrison Johnson, CFP®: "Is now a good time for a Roth Conversion?"
Most of the goods we purchase travel across the oceans in steel containers aboard the largest ships ever to sail the seas. But the pandemic and ensuing lockdowns knocked the wind from their sails and disrupted the entire global shipping network, causing supply shortages and soaring shipping costs. IMF economist Yan Carrière-Swallow has studied the macroeconomic impact of shocks to ocean freight, and in this podcast, he says shipping costs are an important driver of inflation around the world. Transcript: https://bit.ly/3GjIdxD Yan Carrière-Swallow is coauthor along with Pragyan Deb, Davide Furceri, Daniel Jimenez, and Jonathan Ostry, of Shipping Costs and Inflation available at IMF.org.
Jules, Rachel, and Stephanie discuss the rising shipping costs with Print on Demand and what they do to account for it! If you have a question you'd like us to discuss feel free to email us at hello@artistssoar.com Key talking points: We are increasing the cost to account for the increased pricing we are experiencing. Art is a luxury item, so the target market isn't as susceptible to the increased prices. As artists, you need to be smart business entrepreneurs and not absorb the costs. It would be best if you did not profit from shipping. Order prints or start a collaboration with a local printing company to save on shipping. Consider switching materials for a more cost-efficient way of shipping. What are you doing about the rising costs, email us at hello@artistssoar.com Rise with us! On Artists Soar! Resources Mentioned Art Pricing Calculator - tool artists can use to guide them to the right art price. Allied Printing is a great place in Huntsville, AL for printing Our Websites and Shops Stephanie: https://www.stephanieweaverartist.com/ https://www.etsy.com/shop/artfurpaws Julie: https://www.juliemstudios.com/ https://www.etsy.com/shop/peacockblueart Rachel: https://bubblybibbly.com/ https://www.etsy.com/shop/BBStudioShop https://www.etsy.com/shop/mothersrecipes Got a Listener Question? Email us at: hello@artistssoar.com
If you enjoy the show, and it has helped you, or you just want access to our Post Show Wrap-Ups, FREE Guides, Discounts to Courses and Conferences, then I'd invite you to consider supporting us on Locals starting at just $5 a month! To check it out, head over to https://thesubscriptionboxshow.locals.com/ There's also some FREE stuff there if you just want to browse first, so check it out and let me know what you think!In this episode, Karley debunks the myths around international shipping. Can anyone big or small really ship anywhere? She takes subscription businesses and helps them save on their shipping. And in this episode, she'll tell you how can as well!Enjoy!!!Website: https://www.shipbob.com/IG: N/ALinkedIn: https://www.linkedin.com/company/shipbob/Karley's Email: kdaudell@shipbob.com To support the show, or join the community for EXCLUSIVE content, like our post show wrap ups, head over to Locals: https://thesubscriptionboxshow.locals.com Reaching out to Eric:IG: @thesubscriptionboxshowFB Group: https://www.facebook.com/groups/thesubscriptionboxshowWebsite: https://thesubscriptionboxshow.comEmail: eric@thesubscriptionboxshow.comPrograms & Courses:The Subscription Box Experts Academy: https://ericmusick.krtra.com/t/jIw4to2rXSoQThe Ultimate Guide for Graphic Design: https://www.thesubscriptionboxshow.com/resourcesJulie Ball's Subscription Box Bootcamp 2.0 Course Link:https://ericmusick.krtra.com/t/h67apnWbBQ9cGary Redmond's Email Experts Academy: https://ericmusick.krtra.com/t/1ljRUMBfHnCp
Colin Grabow is a policy analyst at the Cato Institute's Center for Trade Policy Studies, and he joins Macro Musings to talk about US trade policies, the Jones Act, and the consequences of this harmful maritime statute. Specifically, David and Colin also discuss the counterfactual world of TPP, the future of international trade, and how to fix the myriad of problems caused by the Jones Act. Transcript for the episode can be found here: https://www.mercatus.org/bridge/tags/macro-musings Colin's Twitter: @cpgrabow Colin's Cato Institute profile: https://www.cato.org/people/colin-grabow Related Links: Cato's Project on Jones Act Reform: https://www.cato.org/project-jones-act-reform *The Jones Act: A Burden America Can No Longer Bear* by Colin Grabow, Inu Manak, and Daniel Ikenson https://www.cato.org/publications/policy-analysis/jones-act-burden-america-can-no-longer-bear *Rust Buckets: How the Jones Act Undermines U.S. Shipbuilding and National Security* by Colin Grabow https://www.cato.org/policy-analysis/rust-buckets-how-jones-act-undermines-us-shipbuilding-national-security *The Progressive Case for Jones Act Reform* by Colin Grabow https://www.cato.org/study/progressive-case-jones-act-reform#:~:text=The%20Jones%20Act%20is%20unwise,repeal%2C%20of%20this%20odious%20law *Candy-Coated Cartel: Time to Kill the U.S. Sugar Program* by Colin Grabow https://www.cato.org/policy-analysis/candy-coated-cartel-time-kill-us-sugar-program *5 Years Later and the United States is Still Paying for Its TPP Blunder* by Colin Grabow https://www.cato.org/blog/5-years-later-united-states-still-paying-tpp-blunder *The Cato Trade Team's 2022 Policy Wish List* by Scott Lincicome, Inu Manak, Gabriella Beaumont-Smith & Colin Grabow https://www.cato.org/blog/cato-trade-teams-2022-policy-wish-list *For Inflation Relief, the United States Should Look to Trade Liberalization* by Gary Clyde Hufbauer, Megan Hogan, & Yilin Wang https://www.piie.com/publications/policy-briefs/inflation-relief-united-states-should-look-trade-liberalization#:~:text=For%20inflation%20relief%2C%20the%20United%20States%20should%20look%20to%20trade%20liberalization,-Gary%20Clyde%20Hufbauer&text=With%20US%20inflation%20running%20at,calls%20anticompetitive%20behavior%20by%20corporations *Biden's Frozen Trade Policy* by Anne Krueger https://www.project-syndicate.org/commentary/trump-trade-policy-frozen-in-place-under-biden-by-anne-o-krueger-2022-02?barrier=accesspaylog *Clashing over Commerce: A History of US Trade Policy* by Douglas Irwin https://press.uchicago.edu/ucp/books/book/chicago/C/bo24475328.html David's Twitter: @DavidBeckworth David's blog: http://macromarketmusings.blogspot.com/
The two-year global supply crisis is beginning to worsen again this month after easing due to the waning of the pandemic, as war in Ukraine and CCP virus lockdowns raise shipping costs and slow growth, according to the International Monetary Fund (IMF) on March 28. https://ept.ms/3wPRJpE
The two-year global supply crisis is beginning to worsen again this month after easing due to the waning of the pandemic, as war in Ukraine and CCP virus lockdowns raise shipping costs and slow growth, according to the International Monetary Fund (IMF) on March 28. “The sea carries more than 80 percent of the world's […]
Tune in as we discuss the impending decline of the US economy in face of increasing costs of living nationwide
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As wind energy OEMs scramble to control costs, more and more and forging partnerships. Vestas has locked-in costs with Maersk - is this a game-changer? Plus, Bill Gates is pushing nuclear power hard in the U.S. - is this a safe diversification of power production? And, a thermoplastic 13m blade was recently 3D printed, SGRE is now producing green hydrogen from one of their pilot projects, and more. Sign up now for Uptime Tech News, our weekly email update on all things wind technology. This episode is sponsored by Weather Guard Lightning tech. Learn more about Weather Guard's StrikeTape Wind Turbine LPS retrofit. Follow the show on Facebook, YouTube, Twitter, Linkedin and visit Weather Guard on the web. And subscribe to Rosemary Barnes' YouTube channel here. Have a question we can answer on the show? Email us! Show Transcript 00:00:00:13 - 00:00:21:08UnknownThis episode is brought to you by weather guard Lightning Tech at Weather Guard. We make lightning protection easy. If your wind turbines are due for maintenance or repairs, install our strike tape retrofit LPs upgrade. At the same time, a strike tape installation is the quick, easy solution that provides a dramatic, long lasting boost to the factory lightning 00:00:21:08 - 00:00:48:22Unknownprotection system. Forward thinking wind site owners install strike tape today to increase uptime tomorrow. Learn more in the show notes of today's podcast. Welcome back. I'm Dan Blewett. I'm Allen Hall and I'm Rosemary Barnes, and this is the Uptime podcast bringing you the latest in wind energy, tech news and policy. 00:00:59:20 - 00:01:11:05UnknownWelcome back to the Uptime Wind Energy podcast, I'm your co-host Dan Blewett. On today's show, we've got a bunch of great topics we'll talk about number one. Bill Gates pushing for a new new nuclear power plant in Wyoming. 00:01:11:05 - 00:01:23:23UnknownWe'll talk about the future of nuclear and why it's getting some pushback from the wind industry and others. We'll talk about Vestas and Maersk. Rosemary is going to come out. She's going to maul me about my pronunciation of this in a moment. 00:01:24:13 - 00:01:42:22UnknownTheir container deal and what that means for transportation for them. We'll talk about a French couple who has won a lawsuit about their health in relation to a wind farm that was installed near their homes. Well, some of the Dominion's explanation of their 10 billion dollar price tag for their coastal Virginia wind projects. 00:01:43:08 - 00:01:55:08UnknownThere was a blade that fell off a wind turbine in Freuler. Maybe I got that one right? Could be over two. We'll see my pronunciation tonight. We'll talk about it. Roll with our 3-D printing approach for wind turbine blades. 00:01:55:08 - 00:02:12:23UnknownThey've got some new thermoplastic stuff that they've just announced. Siemens Gamesa has produced their first green hydrogen from a project. And lastly, we'll talk about a drone attack on a power grid. This is certainly not can be the last attack of its sort, and we've actually mentioned this recently about subsea cables and their potential vulnerability. 00:02:13:00 - 00:02:27:15UnknownSo we'll kind of go back and full circle there and talk through this story a little bit. But before we get going, be sure to subscribe to Uptime Tech News, which you'll find in the show notes or description of today's podcast, as well as Rosemary's YouTube channel, which will also find the description. 00:02:27:23 - 00:02:41:10UnknownAnd Alan, let's start with you. So we're going to push right here into nuclear. So obviously, nuclear power has a bad rap because we get that, you know, big emotional response from Chernobyl. And there's the disaster that it caused. 00:02:42:02 - 00:02:57:02UnknownBut in reality, it's actually quite safe and it does not contribute to CO2 emissions. So, Alan, take us through this this Bill Gates situation. He's backing this experimental nuclear nuclear power plan...
It’s October 25th, 2021 and this is the Watson Weekly - Your Essential eCommerce Digest! Today on the show: Transportation company J.B. Hunt looks for shipping costs to keep rising through 2022. Are instant delivery startups the new investment bubble? Instacart’s new acquisition Caper means it’s still searching for its next act. New data suggests that shoppers may spend more and sooner this holiday season. And the Investor Minute which contains five items this week from the world of venture capital, acquisitions, and IPOs. For more news from Rick, check out: https://www.rmwcommerce.com/ and https://www.linkedin.com/in/rickwatsonecommerce/
Amy Jacobs, CCHW, Director of Community Integrated Health, Harrisburg Area YMCA, on the YMCA & Pennie Health Equity Tour next Tuesday at the Lewisburg YMCA at the Miller Center. We'll get an overview of Pennie, the tour, and the event. We'll discuss—the unmet needs/opportunities which are being addressed by having this type of event.
We continue our coverage of ‘Fall into the Grove' events, this time looking at the Farmer's Market, Music Series and Oktoberfest. Carol Handlan, volunteer for Selinsgrove Projects Inc., on the Farmer's Market Saturday, the fall music series which starts Thursday, the upcoming Halloween Parade, and many, many upcoming activities and eventswww.selinsgrove.net. Sean Christine, a 3rd Lieutenant with Dauntless Hook & Ladder Company, on DH&L's annual Oktoberfest, the music, food, and fundraising that is critically important to the fire company. They were among the first fire companies around here to successfully merge career and volunteer operations, but it still requires the
Kia ora,Welcome to Monday's Economy Watch where we follow the economic events and trends that affect New Zealand.I'm David Chaston and this is the International edition from Interest.co.nz.Today we lead with news the price of coal is racing higher, making Australian and American miners rich, all based on extreme stress in both the Chinese and Indian electricity generation sectors.But first up today, the ICIJ has released a new huge trove of documents that reveal "the inner workings of a shadow economy that benefits the wealthy and well-connected at the expense of everyone else." A small but crucial role in all this is played by New Zealand's "best place to do business" arrangements, allowing our reputation to shield dodgy dealings by some very wealthy individuals from Russia, China, and Brazil, among others. In Australia, more than 400 people have been identified as involved. The Pacific islands are involved too. This data dump is called the Pandora Papers, a similar expose as the Panama Papers which were released in 2016.Separately, there are signs the extreme cost of shipping containers is easing, and fast. An executive with a Shanghai freight company said overnight that the cost of shipping a 40-foot container from China to the US West Coast dropped by nearly half in the previous four days, going from about US$15,000 to just over US$8,000. The spot rate for shipping to the US East Coast had fallen by more than one-quarter from over US$20,000 to less than US$15,000. The shipping off-season is almost here, the Chinese power crunch has slowed Chinese factory output, and seeing this, speculators are rushing to sell-off their hoarded shipping spots.In the more broad east Asian region, the World Bank has said that while China's economy is projected to expand by +8.5% off a very low base, the rest of the region is forecast to grow at just + 2.5%, nearly 2 percentage points less than forecast in April 2021. Employment rates and labour force participation have dropped, and as many as 24 million people will not be able to escape poverty in 2021.China is still on its Golden Week national holiday, and markets don't reopen until Friday.Japan has a new Prime Minister, Fumio Kishida, who was their foreign minister. He will lead the ruling party into new elections at some point relatively soon and probably in November. He won the role with overwhelming support amongst his parliamentary colleagues, although he didn't poll as high among the general public.Japan has ended its Covid state of emergency, and life there is returning to 'normal'.The US released its PCE inflation data over the weekend, the preferred measure of the Fed and gives a lower reading that their CPI. It was higher at +4.3% in August, the fourth straight month it has been above 4% pa. On a core basis it was up too, but at 3.6% pa it is still its highest in 30 years.This same data shows consumer spending edged higher, and separate data shows consumer sentiment edged up in late September as well, but the real surprise over the weekend was on factory floors.The widely-watched ISM PMI for September came in reporting a strong expansion, better than for August and better than expected. Order backlogs remained high as did pricing pressures.The internationally-benchmarked Markit PMI for the US was equally positive, showing the same attributes even if it did pull back from an even stronger August. Orders and prices both rose in this report at a record pace.There were factory PMIs reported for most of the main global economies released over the weekend but the US was the strongest. In commodity markets, the hottest item right now is coal. Both China and India face immediate and severe shortages, and the competition for global supplies is driving prices sharply higher. Australia is a significant beneficiary. The carbon 'cost' is borne by the buying user and not Australia.The UST 10yr yield opens today at just over 1.46% and down -2 bps from this time Saturday and at the levels of a week ago. The price of gold will start today little-changed, up just +US$1 at US$1761/oz.And oil prices are still at just under US$75.50/bbl in the US, while the international Brent price is just on US$79/bbl.The Kiwi dollar opens today little-changed at just on 69.3 USc. Against the Australian dollar we are also little-changed at just on 95.6 AUc. Against the euro we still at 59.9 euro cents and back to week-ago levels. That means our TWI-5 starts the week at 73.1, and back at the middle of the 72-74 range of the past eleven months.The bitcoin price is marginally higher since this time Saturday, to be now at US$47,496. Volatility in the past 24 hours has been low at just over +/- 1.2%.You can find links to the articles mentioned today in our show notes.And get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston and we'll do this again tomorrow.
This is less about logistics and more about pricing pressure as all carriers have seen demand skyrocket.
We've had a ton of questions regarding how some of our shipping costs are so low while others (like shipping a fishing rod) can be so much. So we decided to go behind the scenes to show you the exact costs for shipping everything from rods, reels, lures, chum, and more. We also go into one of the ways that big box retailers are overcharging on some items to be able to offer free shipping on others...
Kia ora, Welcome to Friday's Economy Watch where we follow the economic events and trends that affect New Zealand.I'm David Chaston and this is the International edition from Interest.co.nz.Today we lead with news of no respite from ever higher shipping costs and higher food costs.But first in the US, the number of people claiming jobless benefits fell last week to 288,000, and the number of people on these programs is down to 2.6 mln. Both represent substantial progressAll eyes are on tomorrow's non-farm payrolls report. In the meantime American factory order data brought no surprises with a small rise in July from a healthy June level.The US trade deficit didn't widen in July, and given the track of the past eight years, this is somewhat unusual and better than analysts had expected. Their exports rose faster than their imports.Canadian building permit levels fell in July, and that was not expected.We have previously noted there is an election campaign underway in Canada. One of the planks of the ruling party is for a 3% surtax on profits of large banks and insurance companies. Doom scenarios are being rolled out there by opposition forces. But Australia has had a "major bank levy" profits for some time and they have barely noticed it.In Europe, they reported that producer price inflation rose by more than +12% in July from a year ago, faster than expected and at an accelerating rate. The range is very wide from a dramatic explosion higher in Ireland to negligible in Hungary. In Germany it is a +9.4% jump, France +8.6%.Ireland has serious imbalances building and their central bank governor unloaded on their government about the way they are dealing with them. He is worried. (Their central bank Governor used to be our Treasury Secretary until 2 years ago.)Globally, the cost of freighting a container just keeps on rising, now averaging NZ$14,250 and a rise of +1.7% in a week. That is up +345% in a year.And there is no let-up in rising food prices globally. Worldwide, there is a shortage of labour to harvest, another contributor to high prices. Automation is on the way now.In Australia, July delivered a back-to-back fresh record high for the merchandise trade surplus. It was +AU$12.1 bln and well above most analyst's expectations. The UST 10yr yield opens today at just under 1.30% which is down -1 bp from this time yesterday. The price of gold is down again and by -US$3 from this time yesterday, now at US$1810/oz.Oil prices have risen +US$2 today so in the US they are now just on US$70/bbl, while the international Brent price is just on US$73/bbl.The Kiwi dollar opens today firmer again, up +40 bps to be just on 71.1 USc and its highest since mid-June. Against the Australian dollar we are up at 96.1 AUc. Against the euro we are firm too at 59.9 euro cents. That means our TWI-5 starts today at just on 74 and right at the top of the 72-74 range of the past ten months.The bitcoin price has risen +1.1% from this time yesterday to US$49,313. Volatility in the past 24 hours has been moderate at just over +/- 2.4%.You can find links to the articles mentioned today in our show notes.And get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston and we'll do this again on Monday.
Host Jeremy Maggs speaks to a line up of Investec experts: Dr Jimmy Muchechetere on why he's hopeful that we will learn to live with Covid-19 | Dr Greg Cline on what's driving a 336% YoY increase in shipping prices | Annabel Bishop on rand volatility and SA's economy "growing" by 11% overnight Read transcript · Investec Focus South Africa
Host Jeremy Maggs speaks to a line up of Investec experts: Dr Jimmy Muchechetere on why he's hopeful that we will learn to live with Covid-19 | Dr Greg Cline on what's driving a 336% YoY increase in shipping prices | Annabel Bishop on rand volatility and SA's economy "growing" by 11% overnight Read transcript
Shopping for a Hoop House Greenhouse? Join Bootstrap Farmer to learn about available add-ons and options to consider and how to avoid extra expenses on the backend. Don't get surprised by hidden costs! We will show you what to look for when buying an outdoor greenhouse. Follow along with this video, and learn more about the right things to look at when shopping for a hoop house. https://youtu.be/AOIpYEzhgGw Timestamps: 00:17 Comparative Shopping Online for a Hoop House 02:06 Shipping Costs and Options 05:01 What's Included in the Kit? 06:27 Labor involved in the build of your hoop house 07:07 Additional Add-ons Available (ie. insect netting, shade cloth, landscape fabric) 09:15 Finding a Reputable Greenhouse Supplier 09:24 Customer Service and Resources Full Guide and How-To to Set Up a Hoop house or Greenhouse - https://www.bootstrapfarmer.com/pages/hoop-house-high-tunnels
Sanjay Chandiram is the Co-founder and CEO of Kaliber Global, a premier brand collective and top 100 private label toy seller on Amazon. He also founded ProMark, a leading Amazon brand management agency, in 2018. Previously, Sanjay worked at companies including PwC, Kaiser Permanente, and Infosys BPM, where he gained diverse management consulting, process optimization, and project management experience. He holds an MBA from the Indian Institute of Management Bangalore. Chuck Gregorich is the Co-founder of Net Health Shops LLC and Net Pet Shops LLC, multi-channel home decor and pet product e-commerce companies that import from several countries and sell on over 20 marketplaces in the US, Canada, and Mexico. Before this, Chuck was the CEO of Lorman Education Services, a national leader of continuing education seminars in North America. He holds a degree in accounting from the University of Wisconsin-Eau Claire. Rick Fung is the CEO of MotoShield Pro, a company that offers revolutionary nano coating protection for your entire car, inside and out. For over six years, MotoShield Pro has been achieving its mission of bringing customers the most advanced formulations in ceramic coatings. As CEO, Rick is skilled in project management, strategic planning, sales, and more. In this episode… Amazon FBA sellers that regularly source their inventory from overseas know the adverse effects that shipping delays and increased shipping costs can have on a business. They can lead to high unit costs, which may mean higher selling prices and, therefore, reduced sales. These are the challenges most US-based e-commerce sellers have been facing since the outbreak of the COVID-19 pandemic. For over a year, there have been shortages and delays in getting containers — and even when available, the shipping charges have more than tripled. In this episode of the Buy Box Experts podcast, James Thomson is joined by e-commerce sellers Sanjay Chandiram, Chuck Gregorich, and Rick Fung to discuss how shipping delays and increased shipping costs have impacted Amazon brands. The sellers talk about the changes they've made to reduce overall business costs, the lessons they've learned over the last year, and their thoughts on the future of the e-commerce market.
Cory Redekop, from the Burnaby Board of Trade
heyo, second episode of season two. There's kind of a lot of dick jokes, just a heads up. Email me: schizophreniapod@gmail.comLetterboxd: Noah Zambrano's profile • LetterboxdCheck out my music: https://linktr.ee/nowhytopics include; zoom h6, police, fuck police, followed by cops, driving podcast, erections, Mechanical Engineering, Civil Engineering, uncertainty about college, degree choice, transfers, shipping costs, etc.
We discuss the Lake Geneva Dugeon Hobby Shop museum set to open, or at least get a new parking lot and curator. Also, the list of professionals and events that are distancing themselves from the new TSR grows. Cargo shipping rates are up 300 to 400 percent currently. This is putting pressure on board game […]
A kid's grandmother bragged about his piano skills in front of their mayor. See omnystudio.com/listener for privacy information.
Expect massive price increases in just about everything. Shipping costs have gone up dramatically. That's going to impact the cost of all imported goods. We'll find out more. And THE ANALYSTS weigh in on the latest market developments… Bitcoin prices have plummeted again, after China clamped down on Bitcoin mining. But why? Soap maker Blue Power Group has gone back into lumber and Sagicor Group is making a big investment in energy. We'll discuss. TAKING STOCK - The Caribbean's #1 Business and Finance Show! LET'S GET THIS MONEY! --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/kalilahrey/support
Based in Toronto, Ontario Switch is a proud Canadian startup online retailer of low carb food products from across the country and around the world. Neha and her team have found a niche position as a trusted source for Diabetics, people on Keto and Paleo diets, and people who are looking for healthier food options for their families. Neha is an absolute powerhouse and was so willing to share her startup story. As a first generation immigrant to Canada and a Chartered Accountant by trade, Neha has an incredible business mind that is balanced with the creativity required to get a startup business off the ground and into the air. We cover a ridiculous amount of ground on this episode including the mechanics of the relationship between an online retailer and CPG supplier, the vetting process at Switch, digital / online marketing strategy, shipping strategy for your online store and how to prepare your business for funding. https://www.switchgrocery.com/ https://youtu.be/RgqWorPeYvI Please show your support - leave a review and rate the show, and If you have any questions or feedback I would love to hear from you : hayden@thepackheavypodcast.com
An often solitary game, played in the wide open spaces of spacious fields and breezy pastures, the popularity fo golf exploded over the past year and a half as Covid-19 brought nearly every other sport to a sudden halt, forcing many to delay games and restrict players. With at most four participants per group, spread out over hundreds of square feet at a time, golf is the perfect sport for the infectious-aware, and consumer buying habits have proven this. With traditional sporting-goods stores closed or heavily limited in how many customers could enter for so long, those same consumers have shifted away from relying on local brick & mortar stores and familiar retail brands, and towards buying directly from the distributer, skipping the middleman altogether to get what they want at a better price. This presents those wholesale distributers with a new set of problems, as suddenly their shipping costs for direct to customer sales have more than doubled, and consumers are beginning to expect a higher quality of engagement, both from the brand and in their deliverable products and packaging. Harley Abrams, Operations manager at SuperSpeed Golf knows these problems all too well, and shares with Pitstop some of his essential answers and easy fixes for shipping direct to your consumer. Partner up to solve problems: SuperSpeed Golf's flagship product, weighted training clubs, are roughly the same length as a typical golf club, which all share a similar shipping struggle in that they're an irregular shape & size, and require special processing. That special processing often costs extra, adding to already substantial delivery costs. Try leveraging any relationships you have in the industry, such as cutting a deal with a company that has already-established delivery services and contracts, and make a deal to ship like-with-like to your mutual profit. Leveraging the increased combined volume can lead you to an even sweeter delivery deal from your choice of shipping companies, allowing both you and your partner to pay less for a higher grade of shipping service. You can also leverage this for packaging design companies, finding solutions for your similar products that otherwise don't fit traditional boxes or sealed packaging. Consider the unboxing experience: Customers demand more from their brands, and the packaging an item arrives in is not immune to this. Thanks to unboxing culture, consumers have expectations that the process of getting a product is itself gratifying, and the harder a company leans into it, the more engaged and excited your customers will be. Consider the careful presentation of Apple products, or the informative details included in some subscription boxes, or even making the box itself worth the order. Have a clear dialogue with your customers: Talk to you customers throughout the purchase and delivery process, with frequent updates, additional information, options for returns and feedback, and any delays in delivery. Simply offering proactive communication with your customers any errors or issues in filling an order can buy you more time if you are having packaging issues. This can also lead to additional purchases, which you can bundle to save on overall shipping costs while selling more product overall. Have a clear dialogue with your partners: In the case of returns, who is responsible for the various associated costs? Where does the package go? Have these questioned clearly answered and agreed upon with your partners to avoid any unnecessary friction and headaches in the future. Know your costs before you ever pay a single penny. Our Sponsors https://www.omnisend.com/rolledup/ (Omnisend) - https://getshogun.com/ (Shogun) - https://www.shipbob.com/rolledup (ShipBob) - https://gorgias.grsm.io/pitstop (Gorgias)
Companies and regulators have begun to worry about the spike in container shipping costs and pandemic-related trade disruptions.
Companies and regulators have begun to worry about the spike in container shipping costs and pandemic-related trade disruptions.
Check out the video version at https://www.youtube.com/watch?v=cByfc8XvvX8
Sarah Markfield talks with Tony Nuzio of ICC Logistics on how APTech members can save money on shipping through audit and negotiation. This is one of the best ways to manage spend in a time when we need it most. Listen to this discussion and then take advantage of this member benefit!
Since 2006, we have been auditing FedEx and UPS packages for late deliveries and billing mistakes. We assist shippers in maximizing carrier discounts and achieving best-in-class pricing through a complete logistics analysis. Are you paying too much for your shipping? Refund Retriever also offers a solution to all your Amazon FBA reimbursement insufficiencies. We manually check the whole inventory lifecycle to guarantee all inventory is available for sale. To learn more about FedEx/UPS auditing, contract negotiation, or Amazon FBA reimbursement services, click here.
Some really useful info and tips I've learnt through my journey of selling my own art in my own online store :)
Learn why effective transportation management can often boil down to how effectively executives and managers are managing the data coming out of their shipping processes to lead towards continuous improvement that begets collaboration, cost savings in shipping, and of course beating this current capacity crunch.
Shipping samples from China can cost a fortune and take forever. But it doesn't have to be this way! Nils reveals 3 inside known hacks to save big time (#3 is huge) FREE Web Class: "How to source your private label product in China, without getting screwed by Alibaba Suppliers" http://freetraining.me/SourceInChinaNow
Is it the end of over the Air DVRs?, Are freight costs killing your profit?, the emerging market of home automation and healthcare and, are TVs disappearing from the home? Video available below Host: Matt D. Scott Guests: Todd Anthony Puma – Todd Anthony Puma Twitter John Sciacca – John Sciacca Twitter Joe Whitaker – [...]
Is it the end of over the Air DVRs?, Are freight costs killing your profit?, the emerging market of home automation and healthcare and, are TVs disappearing from the home? Video available below Host: Matt D. Scott Guests: Todd Anthony Puma – Todd Anthony Puma Twitter John Sciacca – John Sciacca Twitter Joe Whitaker – [...]