Don’t Go Bankrupt! Yoni Mazor Exposes the Silent Profit Killers in Your Business

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Don’t Go Bankrupt! Yoni Mazor Exposes the Silent Profit Killers in Your Business

Yoni MazorYoni Mazor is the Co-founder and Chief Growth Officer of GETIDA, a fast-growing company providing state-of-the-art reimbursement recovery solutions for Amazon sellers. Leveraging his extensive experience as CEO and Co-founder of May Group, a $20 million Amazon FBA business, Yoni co-founded GETIDA to address the complex challenges faced by many e-commerce entrepreneurs. In addition to his role at GETIDA, Yoni serves as an Investor and Advisory Board member at Newphotonics and The Ecom Cooperative, where he contributes his expertise to foster growth and innovation in the industry.

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

  • Emerging e-commerce trends for scalable growth
  • How e-commerce sellers can benefit from AI tools
  • The importance of innovation and being uncomfortable as an entrepreneur
  • Scaling your business by hiring top talent
  • Yoni Mazor shares how he scaled his business to eight figures
  • Yoni explains how Amazon sellers unknowingly losing money
  • Reimbursement solutions for e-commerce sellers
  • How GETIDA stands out from its competition

In this episode…

Amazon sellers must stay ahead of the curve to maintain profitability and drive scalable growth. While focusing on sales and marketing strategies is crucial, overlooking certain areas can result in margin loss and hinder long-term success.

One commonly overlooked aspect in e-commerce is the integration of AI technology. Experimenting with chatbots and AI software tailored for e-commerce can streamline processes, personalize interactions, and provide a competitive edge. eCommerce entrepreneur Yoni Mazor emphasizes that neglecting these advancements risks lagging behind competitors and hindering growth. Building a winning team is also essential for sustainable success — instead of solely prioritizing cost-cutting measures, sellers should focus on hiring top talent. Overall, focusing on AI integration, team building, and reimbursement management is crucial for Amazon sellers seeking to boost profitability and achieve scalable growth in e-commerce.

In this episode of the eComm Breakthrough Podcast, Josh Hadley hosts Yoni Mazor, Co-founder and Chief Growth Officer of GETIDA, to explore emerging e-commerce trends for scalable growth and pinpoint overlooked areas causing margin loss for Amazon sellers. Yoni delves into the importance of leveraging generative AI tools and shares insights on scaling his business beyond eight figures.

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, an 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 Adam Heist, Kevin King, and Michael E. Gerber, the author of The E-Myth. Today I’m speaking with Yoni Mazor, the Chief Growth Officer and Co-founder of GETIDA, a cloud-based technology that analyzes your data, reconciles your inventory, and then case managers file claims for maximum reimbursements on your behalf. Today, we’re going to be talking a lot about the things that you might be overlooking as an Amazon seller where you’re losing margin. And also where is the puck going in the e-commerce space so that you can start scaling towards it. This episode is brought to you by eComm Breakthrough Consulting, where I help seven-figure companies grow to eight figures and beyond. Listen, Yoni, I started my business back in 2015. And I grew it to an eight-figure brand in seven years. But it took me a lot longer than it really needed to to get to that eight figure mark. And that’s because I made a lot of mistakes along the way that made that path a lot harder. There were cashflow mistakes that I made, there were bad product launches, there were bad hires that I made, and not knowing who to hire and how to hire properly. I wish I would have had a mentor along the way that would have been able to help steer those obstacles a little bit quicker, overcome those hurdles. So to our listeners that are hitting similar roadblocks or stumbling blocks, and they want to know the next steps to take their brand to the next level, 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 brand to work with for this month. But today I am super excited to introduce you all to Yoni. Yoni Mazor is the CGO and the Co-founder of GETIDA. Yoni began developing GETIDA after successfully operating a $20 million annual Amazon FBA business, selling fashion brands internationally. GETIDA specializes in Amazon discrepancy analytics and consulting. By utilizing data visibility technology, GETIDA focuses on discovering and managing financial and inventory related discrepancy with billions of dollars of transactions managed daily. Yoni also comes with military intelligence experience, having served in the IDF Special Navy Intelligence. So with that introduction, Yoni welcome to the podcast.

Yoni Mazor 3:16

Thank you, Josh, thank you so much for having me.

Josh Hadley 3:18

Yoni, I’m sure many of our audience members, if they’ve been to Amazon events, they have definitely come across your path, because I feel like you were at almost every single event there is for Amazon sellers. So I love that you’re always on kind of like the cutting edge of what is everybody talking about? In the Amazon industry? And then you know, where’s the puck going, so that we can kind of skate towards that. And so I want to kind of start off our conversation with that Yoni. You’ve, you’ve been to a lot of conferences recently, you’ve heard what everybody’s talking about, where do you see e-commerce going in Amazon, specifically, over the next three to five years that, you know, entrepreneurs should be preparing themselves for?

Yoni Mazor 4:00

There we go. So you know, we’re in 2024 already, and I think this year will be kind of the year where we all realize and see the true impact of AI tools, generative AI. A lot of seeds have been sown with this environment. But we don’t know the long term, I guess, impact of them yet. And I guess the promise of all these AI tools is helping the little guy, the small and medium businesses kind of leveled the playing field. So your catalog and your listings on Amazon or any channel that you sell on will be relatively very low cost to bring it up to speed and make it feel look like a billion-dollar brand. So it’ll make you feel and look like a billion-dollar brand. So in 2024, we’ll see if that promise being delivered, if the little guys are really making it work for them. And I think that the challenge is that there’s the spirit of it is so so fast, like I know, the Sam Altman, you know, there was also OpenAI had a whole Tribulus, you know, a few months ago back in November, he was out for a few days. But Microsoft. And it was, even before that he announced how he created this whole environment where you can start generating your own tools with open Ai Li, like your marketplace is going to create a marketplace. So basically, it will be interesting to see how some sellers are able to create their own environments, AI environments are unique and proprietary to them, and creating those environments, or they’re able to really be on the cutting edge of, you know, you know, organizing the catalog and the whole business structure, and scaling it really, really scaling. Because if you’re doing six figures, seven figures, or low eight figures, if you can harness the power of these tools to really scale up your operations effectively with a lean team, that will be the dream or so 2020 phobia in the cutting edge of that.

Josh Hadley 5:53

I love that. Yoni, are there any AI tools, specifically, you mentioned ChatGPT, OpenAI, are there any tools that you know sellers should be aware of or be looking into that you think are going to be a game changer from the AI space,

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