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Episode 1094

E1094: Thrasio Co-CEO Josh Silberstein on mastering the Amazon marketplace, operating 60+ brands

Aug 11, 20201:08:40Watch on YouTube

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Show Notes:

0:00 Start

0:46 Jason talks about Amazon third-party sellers & intros Thrasio's Josh Silberstein

3:58 What are the margins and how are Amazon businesses typically valued? How does Thrasio pick companies to acquire?

10:15 Fiverr - use code TWiST for 10% off your first order at https://www.fiverr.com

12:11 What does Amazon think of Thrasio? What does Thrasio do to the products that they acquire? How does SEO work on Amazon?

17:26 What are the dark arts of review hacking?

23:50 Get Coors Light delivered to your door at https://get.coorslight.com

25:45 Jeff Bezos' performance at the big tech hearings, why Amazon is the most fair tech giant & the greatest entrepreneurial platform in history

30:56 Competing with AmazonBasics

35:43 Masterclass - 15% off an annual subscription at https://www.masterclass.com/startups

37:36 What are Walmart & Target doing to combat Amazon's massive marketplace? Would Thrasio ever take their brands & create a separate marketplace? Importance of trust & quality in brand building

46:37 Understanding Amazon advertising & how Amazon's Choice & Best Seller tags are given out

52:40 What is Google doing with Google Shopping?

54:15 Instagram & Facebook shops will be the 2nd largest digital shopping platform by the end of 2021, what is eBay doing these days?

58:39 When will we see same day shipping become the standard?

1:03:11 Reliance on Chinese manufacturing - will some products cease to exist if a trade war escalates?

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