Throwback to an Insightful Session at Last Year’s Sharrp Summit! We had the pleasure of hosting Neeraj Kakkar from PaperBoat for a fireside chat with Rishabh Mariwala at the Sharrp Summit 2023. The session was packed with valuable insights and candid reflections on the journey of building a brand. Here are some key takeaways: 1. Stay the Course: Neeraj emphasised the importance of perseverance. Despite the ups and downs, staying true to your fundamentals will eventually lead to success. 2. Value in General Trade: He highlighted that building a strong presence in general trade can offer more negotiating power and stability compared to larger platforms. 3. Choose Investors Wisely: Having patient, long-term investors can be crucial, especially during tough times. Neeraj shared how the right investors supported Paperboat through various challenges. 4. Sustainability Efforts: While fair trade and sustainable practices are essential, Neeraj acknowledged the challenges in getting consumer recognition for these efforts. Nonetheless, it’s vital to keep trying for the sake of future generations. 5. Realistic Valuations: Raising money at a realistic valuation is critical. Neeraj shared how an inflated valuation led to unnecessary pressure and mistakes. 6. Humility in Entrepreneurship: Listening to mentors and staying humble are key to navigating the entrepreneurial journey successfully. Embrace the blend of perseverance, strategic partnerships, and humility in your entrepreneurial journey. These elements are crucial for long-term success and resilience in the dynamic world of business. https://lnkd.in/dCbqjvvM #india #startup #business #entrepreneurship #scalingup #SharrpSummit
Sharrp Ventures | Harsh Mariwala Investment Office’s Post
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CORTMA highlights the benefits of a robust private-label program: Defining a go-to-market strategy_ In many industries, private-label products can carry about two times the gross margin compared to national brands. Kevin Sachs and coauthors explain how private-label businesses can set a steady course for success in an often unpredictable marketplace. Define your objectives_ _____ Relevant browsing https://lnkd.in/dSYeiK4f https://lnkd.in/dFd4ZXqM _____ Follow CORTMA to learn and benefit from the digital ecosystem insights and business alliance opportunities. _____ #Ecosystems #Management #CortmaTranferOfSMEs #Growth #Marketing #Economy #Entrepreneurship #Europe #Smallbusiness #Strategy #Data #Technology #MacturDebtRelief #Branding
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From right-sizing your inventory to getting visibility across your entire network, there are many steps businesses can take to lower e-commerce logistics costs. Click through to the full article for five of our top suggestions.
Routeique Inc on LinkedIn: Mike Allan of Routeique On How To Reduce E-commerce Logistics Costs
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CPG businesses have faced many challenges since the pandemic, including but not limited to… - Higher shipping, handling, and storage fees - Increased raw material costs - Constant supply chain disruption - Consumer selectivity about purchases But that doesn’t mean these businesses can’t fetch high valuations in a capital transaction! Check out Alex Woolford’s post to learn more. #Entrepreneur #Entrepreneurship #BusinessOwner #CPG https://lnkd.in/dHxxD3dU
What are some value drivers for CPG (Consumer Packaged Goods) companies in the M&A market? To capture investor interest, strengthen these aspects of your business: 🏬🔊 Brand: A strong brand that differentiates itself from the competition and garners strong engagement rates. 💰📈 Profitability: Obviously, profitability is always critical! That said, over the past few years with supply chain issues, inflation, consumer trends, etc., profitability is more important than ever. 🖥️🌐E-Commerce Success: While online sales show investors that a business thrives in a digital world, the stable cash flows generated from wholesale partners can be equally as important. For e-commerce businesses, lifetime customer value vs customer acquisition cost is an important metric to prove the sustainability of revenue and profitability. #Entrepreneur #Entrepreneurship #BusinessOwner #CPG https://hubs.la/Q02r9lT20
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What are some value drivers for CPG (Consumer Packaged Goods) companies in the M&A market? To capture investor interest, strengthen these aspects of your business: 🏬🔊 Brand: A strong brand that differentiates itself from the competition and garners strong engagement rates. 💰📈 Profitability: Obviously, profitability is always critical! That said, over the past few years with supply chain issues, inflation, consumer trends, etc., profitability is more important than ever. 🖥️🌐E-Commerce Success: While online sales show investors that a business thrives in a digital world, the stable cash flows generated from wholesale partners can be equally as important. For e-commerce businesses, lifetime customer value vs customer acquisition cost is an important metric to prove the sustainability of revenue and profitability. #Entrepreneur #Entrepreneurship #BusinessOwner #CPG https://hubs.la/Q02r9lT20
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When you start selling overseas, it's crucial to consider how expansion impacts your product pricing strategy. Check out our latest blog post where we discuss the factors you need to take into account when localizing your prices. https://lnkd.in/eWYHM_mt #InternationalBusiness #Ecommerce #PricingStrategy #GlobalExpansion #Entrepreneurship #crossbordertrade #internationalecommerce
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Ever wondered how independent SME retailers can combine competitiveness with nurturing their local community? The group business model empowers them, fostering collaboration for collective prosperity and individual competitiveness. This is the unique approach of groups of independent retailers: 1️⃣ At the core of this business model are independent retailers who each take their business decisions autonomously. They operate their business, determine their assortment, prices, store layout and employment. They're the backbone of their communities, championing local development by sourcing from nearby producers and service providers and employing local talent, and by paying taxes locally. 2️⃣ These independent retailers form an alliance. They pool resources — financial, human and technical — in a central service cooperation for their mutual benefit. What sets this group apart? Their democratic structure which allows them to be directly engaged in their central cooperation. 3️⃣ There, they actively shape the collective strategy and control their group's central service provision which consists of an array of exclusive services, such as joint purchasing, streamlined logistics, joint branding and marketing initiatives, online sales channels, quality control, skills training and other forms of support. This enables them to stay competitive and to focus on what they do best: meet the expectations of their local customers. In a few words, this business model enables independent retailers to thrive independently and flourish together! 🛒 🤝 ✨ #independentretail #collectivestrength #groupsofindependentretailers #localdevelopment #ruralareas #cooperatives #SMEs #SMEretail #entrepreneurship #sustainability #competitiveness #inclusivity
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"Cheers to all the ambitious entrepreneurs out there! Your dedication and creativity drive innovation and inspire us all. Keep pushing forward and blazing new trails. If you're ready to elevate your eCommerce journey, explore the opportunities at https://lnkd.in/eH45-_5G. Let's achieve success together! 💼🌟 #Entrepreneurship #Success #Innovation"
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Chinese e-commerce giants, like Temu, reported an 805% sales increase in January 2024, credited to a tax-free policy for packages under $800. However, Congress may revoke this tax-exempt status, though these companies exhibit a resilience that ensures their survival. Already dominating the market through cost advantage and expansion in the U.S. and Europe, these giants adapt swiftly to changing market dynamics. Aspiring entrepreneurs should watch and learn from these market disruptors. The e-commerce titans are here to stay. #EcommerceBoom #SalesSurge #TaxPolicy #MarketResilience #GlobalExpansion #MarketDomination #MarketTrends #EcommerceGiants #Entrepreneurship #BusinessInsights
In an astonishing revelation, Chinese e-commerce corporations such as Temu have reported an unparalleled 805% surge in their sales within the timespan of a single month. The remarkable performance in January 2024 has wholly eclipsed the previous year's sales figures. The substantial catalyst for this exponential growth can be traced back to introducing a tax-free entry policy for packages valued at less than $800. A potentially significant shift is looming on the horizon. The United States Congress is considering the revocation of this tax-exempt status, introducing a level of uncertainty. While this may sound ominous, it's crucial to note that these corporations demonstrate a robust resilience that enables them to flourish even in challenging circumstances. Their market dominance has already been consolidated, thanks to their significant cost advantages and aggressive expansion strategies implemented across the United States and Europe. Even though the dynamics of the playing field appear to be changing, these corporate giants adeptly continue to shape the game to their advantage. #EcommerceBoom #SalesSurge #TaxPolicy #MarketResilience #GlobalExpansion #MarketDomination #MarketTrends #EcommerceGiants #Entrepreneurship #BusinessInsights
The $800 Provision A Life-or-Death Threshold
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Invention Consultation | Patent Search | Product Evaluations | Market Introduction Plans | Business Plans | Low Cost Patents | Product Design and Prototyping
Crafting a distribution strategy for your invention? Don't miss these 6 crucial steps! From direct sales to retailers to leveraging distributors, there are various avenues to explore. READ MORE: https://lnkd.in/gz7FMUit . . . ☎️Contact Me: Don Debelak dondebelak@gmail.com 612-414-4118 https://lnkd.in/g4ZjYuJx https://lnkd.in/gGdReZDh https://lnkd.in/guwmGJMy #patentevaluation #lowcostpatent #patent #patentsandinvention #inventionsuccess #inventions #inventor #InnovationAdventure #SuccessInInvention #InnovationNation #PatentPending #InventionIdeas #TechInnovation #PatentLaw #FutureTech #StartupInnovation #InventorsJourney #PatentInsights #TechPatents #InnovativeDesign #PatentPortfolio #InventorsCommunity #PatentStrategy #DigitalInnovation #InventionRevolution #PatentExpert #InnovationHub #ProductDesign #Innovation #Entrepreneurship #MarketResearch #Teamwork #BusinessTips
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Yesterday, I had a sales call with a product seller who was interested in using Retailbound to help launch his brand with key US retailers later in the year. The potential client told me that he purchased my book (see below) from Amazon in early April and said it helped him tremendously in not just getting ready for retail but gaining the confidence in himself to pursue his dreams. That really meant a lot to me 😊 Hopefully my 2nd edition book, packed with a lot of extras, helps other aspiring product entrepreneurs pursue their dreams!!! https://lnkd.in/g7H42W47 #retail #retailtips #retailstrategy #entrepreneurs #startups #retailbound
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