In this episode, Gary Huang is on to discuss 3 potential predictions for the future of e-commerce within the next three years. Gary and I touch on topics like globalization, the impact of AI, and the potential return of aggregators while emphasizing how important it is to start moving manufacturing out of China.
Struggling with tariffs? Unsure about upcoming changes? Let’s talk! With Portless, you only pay tariffs after your customers pay you - so your cash always moves faster than your costs. Schedule a risk assessment and leverage tariff deferment today. All new customers get $1,000 to reinvest in their business.
Big Takeaways
- Globalization is shifting towards a model that may exclude China.
- AI will significantly impact businesses, potentially leading to many closures.
- Aggregators in e-commerce are predicted to return with a focus on credible brands.
- New challenges often give way to new opportunity. New marketplaces present opportunities for sellers to expand beyond Amazon US.
- YouTube has the opportunity to become a major competitor to Amazon in retail.
- Diversification away from Amazon is crucial for long-term success.
- The current economic climate creates both challenges and opportunities for e-commerce.
- AI tools can enhance efficiency but may also threaten traditional business models.
Timestamps
- 00:00 - E-commerce Predictions and Global Sentiment
- 02:57 - Globalization 2.0: The Future of Manufacturing
- 05:50 - The Impact of AI on Business Survival
- 08:59 - The Return of Aggregators in E-commerce
- 12:09 - New Market Opportunities Amidst Uncertainty
- 15:02 - YouTube as Amazon's Biggest Competitor
- 17:57 - The Seven Figure Seller Summit and Future Trends
Gary, thanks for joining us on the podcast today. It was great having you on to talk about your upcoming event and some of your predictions for e-commerce in the future!
If you're interested in 7 Figure Seller Summit which will be held on April 22 - 24th, you can get your limited time Free Pass by clicking on this link.
Popular Podcasts
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.
24/7 News: The Latest
The latest news in 4 minutes updated every hour, every day.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.