Watch the video on YouTube - https://youtu.be/uy09qwgfXDM

Michael Michelini shares his e-commerce entrepreneurial journey from wallstreet to selling in Ebay in 2004 to creating many physical product brands and living in China for years.

https://www.michaelmichelini.com/https://www.globalfromasia.com/https://mikesblog.com/

#amazonsellers #amazonfba #amazon

Question: What got you into e-commerce in 2004?Started working on Wall StreetCo-worker was selling apps and he was helping outStarted to learn about online marketing and growth hackingAttended a seminar on e-commerce and was skeptical but ended up giving some good content

Question: How did you start your e-commerce business?Started by selling on eBayLearned about drop shippingStarted experimenting with different productsFound success with a specific product and started building a brand

Question: How have you adapted your business in the post-Covid world?Started focusing on AmazonBegan working with factories directly to get better prices and higher marginsSet up a joint venture company with a Thai factory where they provide factory direct pricing and he provides the brand, trademark, and cash in the bank accountPay for expenses through the joint venture company and distribute dividends twice a year

Question: What is the most exciting thing in e-commerce today for you?Interested in the potential for bridging crypto and e-commerceBelieves there could be a merger between NFTs (non-fungible tokens) and e-commerce, potentially through an Amazon-like platformThinks there could be potential for Amazon to do something with NFTs and productsInterested in the potential for merging the brand with e-commerce through NFTs

Question: What is your current business model?Licensing some of the brands' productsEquity holder and shareholder in a joint venture with a Thai companyFactory direct pricing and going straight to AmazonReceiving 30% of the sale price

Question: What is the most exciting thing in e-commerce today for you?The opportunity to bridge crypto and e-commerceThe potential for a merger between an Amazon-like platform and the NFT marketThe possibility of Amazon implementing NFTs with their productsThe idea of merging NFTs with brands and e-commerce to create a new type of brand loyalty.