Category - Uncategorized

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Using a Rolling Desk For Increased Productivity
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Amazon/Nike Partnership Confirmed by Bloomberg
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More Nike/Amazon Relationship Rumors

Using a Rolling Desk For Increased Productivity

Hi guys! Short post today but I wanted to share a quick “Prep Hack” that has helped me increase the speed with which I am able to process my inventory.

It’s a pretty simple, just get yourself a rolling desk!

This is my rolling desk setup. Making something that I can move around my garage/office made things WAY more efficient for me by reducing the amount of times I needed to handle my inventory and I highly recommend you try it out. Snagged this bad boy off of Craigslist for only $50, goes for $600+ new 😀

Another example of how you can set things up (and what motivated me to finally make a post about this) is this one that Kyle Fedewa posted today on Facebook.

(Thanks for agreeing to let me share this Kyle!)

Kyle got this shelf and wheels from Lowes. His has the added benefit of being able to actually put product on it as he is prepping vs mine which can only hold my Computer, Printers and Scanner. Benefits and drawbacks to both setups but either way I think this helps make prep more productive.

One of the things I like the most about this setup, as well as something that Kyle mentions is that it keeps me on my feet and moving around. For me if I’m on my feet I tend to be more focused on the task around me vs sitting down.

Do you use a standing and/or rolling desk in your prep workflow? If not, why not?

Go Ship Some Stuff!

 

Amazon/Nike Partnership Confirmed by Bloomberg

Citing a source “familiar with the situation” Bloomberg.com has announced that Nike will begin selling on Amazon although a timeframe was not included in the report.

The reasoning behind the move appears to be that they want to exert more control over how its products are sold and keep knockoffs off the market.

“The approach lets Nike Inc. take greater control over how its products are sold, helping ensure that knockoff shoes aren’t offered by third parties on the e-commerce marketplace, said the person, who asked not to be named because the arrangement isn’t yet public.”

I personally find it somewhat disingenuous that “knockoffs” are the main reason being cited for them deciding on entering the Amazon ecosystem. If you take the amount of sales moving from Brick & Mortar into online sales and combine it with the death of stores like Sports Authority I think that Nike sees the writing on the wall and is finally jumping on board to regain some of the sales it has lost by opening up another sales channel.

As an active Nike seller it’s going to be very interesting seeing how Nike approaches their launch onto the platform and if they let third party sellers continue to sell on various Nike listings (ala-Under Armour) or intend to aggressively attempt to have sellers removed/restricted. Given the fact that as recently as a few weeks ago I confirmed that Amazon had a team dedicated to recruiting larger third party Nike sellers from Ebay and offering to get them approved to sell the brand if they moved to selling on Amazon I find it hard to believe that Amazon will totally restrict everyone from selling all Nike products but only time will tell.

Here is a brief video of some Bloomerg staff discussing the impending deal and it’s implications.

Go Ship Some Stuff!

More Nike/Amazon Relationship Rumors

The rumors that Nike and Amazon are going to be working together continue to pile up. Today they are in the news because Lindsay Mann, an Analyst at Goldman Sachs weighed in on the possibility. She cited “Channel Checks” as the source for her information, which is apparently an investment term for saying that she or someone on her team spoke to management within Nike.

Mann sees the move for Nike to start selling on Amazon as an important opportunity for Nike for three different reasons.

  1. Selling on Amazon would give Nike more direct exposure on a large and fast growing sales channel
  2. By selling directly Amazon could exert more control over how it’s brand is presented on the platform
  3. It would give Amazon more access to Millennials

She also thinks that if Nike makes a move to start selling on Amazon it could start a trend where other brands who have resisted working with Nike would start coming on board.

“Taking this step would give NKE direct economic exposure to a large and fast growing distribution channel, while improving the brand presentation and expanding access to Millennial shoppers,” she said. “NKE’s move could inspire other wholesale brands, many of which have so far resisted a partnership with amazon.com, to directly engage.”

The stock market has responded with Nike stocks being up a couple percent and several brick and mortar shoe retailers such as Dicks Sporting Goods, Finish Line and Foot Locker being down as much as eight percent.

Something else that I saw mentioned today that I find interesting is that Nike already sells their shoes via Zappos, which is owned by Amazon. Given that pre-existing relationship I don’t think it’s that big of a leap to say it’s not IF they will start selling on Amazon directly, but WHEN will they start selling directly. In the past month or so we’ve gone from rumors, to restrictions and now we have a large trading firm saying that they believe it’s going to happen. If you are still in denial and think this won’t happen I encourage you to look at the trend that’s emerging here and don’t get caught with a lot of inventory that Nike/Amazon can undercut you on.

Go Ship Some Stuff! (Especially if you have Nikes to move)

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