Mastering factory sourcing: Winning techniques for best prices and protecting product ideas

In today’s competitive e-commerce landscape, the difference between success and failure often lies in sourcing efficiency and product uniqueness. Failing to apply carefully considered sourcing strategies can result in overpaying for the goods and having vulnerable intellectual property.

In his presentation, Sergej will share his insights on securing the best sourcing price, differentiating genuine manufacturers from traders, and tactics for negotiating prices to meet your target margins which align with the 7X to 10X rule, positioning your Amazon business for greater success. You will walk away from with presentation with crucial up-to-date insights on sourcing efficiency and also learn about the essential precautions which will help you to protect your product idea during the sourcing process.