Hidden Supply Chain Hacks Guaranteed To Triple Your eCommerce Profits With Afolabi Oyerokun

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Hidden Supply Chain Hacks Guaranteed To Triple Your eCommerce Profits With Afolabi Oyerokun

Afolabi OyerokunAfolabi Oyerokun is the Co-founder of Honu Worldwide, a Pennsylvania-based product development, sourcing, and 3PL company that streamlines business practices for optimum efficiency and profitability. Afolabi’s 20 years of experience as an expert in logistics, streamlining strategies, and relationship building led him to found Honu Worldwide. Due to his passion for finding high-quality products at bargain prices, Afolabi spends his time helping seven-figure Amazon brands increase their profits. Additionally, Afolabi is the CEO of Trillion Source, a business consulting firm for new product development.

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Here’s a glimpse of what you’ll learn:

  • Afolabi Oyerokun explains the concept of supply chain
  • Optimizing product development and sourcing for e-commerce sellers
  • Product development and packaging for Amazon FBA sellers
  • How to find sourcing locations and avoid fraud
  • Building relationships with manufacturing suppliers and negotiating prices

In this episode…

The global pandemic led to a surge in demand for products and services, which has strained supply chains. This has increased transportation, storage, labor, and risk costs. In this environment of economic uncertainty, how can businesses take steps to mitigate excessive supply chain expenses?

Product development is a critical stage in the product life cycle. Afolabi Oyerokun, an expert in supply chain and product development, emphasizes the importance of understanding the weight and packaging of products. To reduce weight without compromising quality, consider alternative packaging solutions that protect goods during shipping. It is also essential to create a strong relationship with your manufacturing supplier to ensure reliable service and delivery. Additionally, when importing products, carefully review the payment terms to avoid financial risks.

Join Josh Hadley in today’s episode of the eComm Breakthrough Podcast as he brings back Afolabi Oyerokun, Co-founder of Honu Worldwide, to discuss supply chain best practices. Afolabi explains the concept of supply chain, optimizing product development, how to find sourcing locations, and the importance of building relationships with manufacturing suppliers.

Resources mentioned in this episode:

Special Mention(s):

Related Episode(s):

Sponsor for this episode…

This episode is brought to you by Ecomm Breakthrough Consulting where I help seven-figure ecommerce owners grow to eight figures. Of course…

I started Hadley Designs in 2015 and grew it to an eight-figure brand in seven years.

I made mistakes along the way that made the path to eight figures longer. At times I doubted whether our business could even survive and become a real brand. I wish I would have had a guide to help me grow faster and avoid the stumbling blocks.

If you’ve hit a plateau and want to know the next steps to take your business to the next level, then go to www.EcommBreakthrough.com (that’s Ecomm with two M’s) to learn more.

As a special bonus to my podcast listeners, this month I’m giving away one $10,000 comprehensive business strategy audit session at no cost. Email me at josh@ecommbreakthrough.com with the subject line “Strategy Audit” and tell me why your business should win the free audit for the chance to win and don’t worry, if you don’t win the free strategy audit this month, you’ll automatically be entered for future months.

Episode Transcript

Intro 0:04

Welcome to the eComm Breakthrough Podcast. Are you ready to unlock the full potential and growth in your business? You’ve already crossed seven figures in sales, but the challenge is knowing how to take your business to the next level. Join Josh Hadley and eight-figure e-comm. Business Owner and investor as he interviews highly successful business owners get ready because you’re going to learn specific actions you can take today to help your business reach its full potential and leave a lasting impact on the world.

Josh Hadley 0:37

Welcome to the eComm Breakthrough Podcast. I’m your host Josh Hadley where I interview the top business leaders in e-commerce. Past guests include Kevin King, Steven Pope and Norm Farrar. Today I’m speaking with Afolabi Oyerokun, the Co-founder of Honu Worldwide. And we will be talking a lot about the hacks and tips for how you can save money up and down your product supply chain. This episode is brought to you by e-comm breakthrough consulting, where I help seven figure companies grow to eight figures and beyond. Listen off the lobby, I started my business back in 2015, and grew it to an eight-figure brand in seven years. But I made a lot of mistakes along the way that made the path of getting to eight figures take a lot longer than it needed to. There were times where I have a lot of self doubt as a leader, could I manage and run a multimillion dollar business? Could I manage the cash flow could we continue to survive and create a household brand name, I wish I would have had a guide along the way that would have helped me navigate around those obstacles and helped me get to the next level a little bit quicker. So to our listeners, anybody that hits similar plateaus or running into obstacles right now. If you want to know the next steps to take your business to the next level, then go to eCommBreakthrough.com. That’s e-comm with two M’s to learn more. And as a special bonus to my podcast listeners. This month I’m giving away one $10,000 comprehensive business strategy audit session. At no cost. All you need to do is email me at Josh@eCommBreakthrough.com. And in your subject line, say Strategy Audit, and then plead your case as to why I should choose you and your business to work with for this month. And if you don’t win this month, don’t worry, you’ll be entered to win for future months to come. But today I am super excited for our conversation. You guys are going to love and absorb a lot of great information of how you’re going to become more efficient in your product sourcing, product development, three PL storage, all of that good stuff, and we’ve gotten an expert here to talk about that. I’m excited to introduce you to Afolabi Oyerokun. This is him coming back for a part two series because his first interview went so well. But he is the Co-founder of Huni Worldwide in innovative product development, sourcing, and three PL company based in Pennsylvania USA. Afolabi has always been passionate about finding things, haggling and negotiating prices. His obsession with finding good quality products at bargain prices led him to help several seven and eight figure brands increase their profits and scale rapidly. By buying smart from Asia and the US. He is behind the successful launches of several multimillion dollar products on Amazon and other retail channels. An entrepreneur at heart off lobby owns and has sold a few seven-figure private label brands. He loves helping people design, develop and manufacture innovative products. He is also the creator of the Sourcing Mastery Course, which teaches people the best practices for product development, sourcing and supply chain management. So with that introduction, welcome back to the podcast off, Alavi.

Afolabi Oyerokun 3:53

Thanks, Josh, I’m happy to be back. I really enjoyed our past episode, and I’m really excited and pumped up, you know, to continue on this point.

Josh Hadley 4:03

Well, I’m super excited to have you back. I know the way we left our last episode, was you saying there are so many ways that I know how to help businesses save money up and down the supply chain. And we touched on one of them right, we talked about the tariff Terminator and you gave our listeners an amazing offer. So for our listeners that are just listening to this episode for the first time, go back and find off the lobbies first episode, learn a little bit more about that tariff terminator that he talked about and the offer that he gave our listeners. But off the lobby. There is so much that goes into sourcing a product, the product development, the logistics of bringing it here to the US if you’re sourcing overseas, where you store that product in a three PL to ultimately getting to its final destination into the retail customers hands It’s so awful lobby, you’ve got so much experience, you’re you’ve also created a course where you’re teaching this to other people, I would love for you to just kind of explain, you know, were talk to us about the beginning of the supply chain all the way to the end. And then we’ll dive into each of those segments specifically, and your best hacks and tips and best practices for how people can save money.

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