Sebastian shares his journey from electrical engineer to entrepreneur, with extensive experience living in China and Singapore. He provides insights into Zignify's evolution from a small, China-focused business to a global sourcing powerhouse with over 60 employees. The discussion highlights the shift from China-based sourcing due to factors like Trump tariffs and the need for supply chain diversification, emphasizing the importance of choosing the right countries based on client needs and product materials.
Sebastian also contrasts the sourcing mindsets of large corporations and small sellers, offering practical tips for navigating international manufacturer relationships. Tune in to this episode for essential insights on global product sourcing from one of the industry's leading experts.
Gain valuable advice on reassessing current suppliers for potential savings, understanding the importance of fully engaging in the sourcing process, and leveraging tools like import records for competitor analysis.
Episode Notes:
00:23 - Sebastian Herz Introduction
02:25 - Zignify and Sebastian's Origin Story
06:45 - The Sourcing Process
12:15 - Advice for New Sellers
17:40 - Useful Tools and Strategies
19:25 - Working with Large Corporations
24:05 - Favorite Countries for Sourcing
26:25 - The Human Element of Sourcing
Website: zignify.net
LinkedIn: linkedin.com/in/sebastianherz
Related Post: Retail Arbitrage vs. Online Arbitrage: Choosing the Right Sourcing Strategy for Amazon Sellers
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