“Spoiled For Choice”: Acquisitions and Roll-Ups for Amazon FBA and DTC (feat. Keith Richamn, Co-Founder and CEO of Boosted Commerce)
“FBA” - Fruit by the Acre? More like Fulfillment by Amazon
- Boosted Commerce is an eCommerce platform working to distribute the most up-and-coming brands on a global basis.
- “We started Boosted really as a way of identifying these amazing businesses and brands that people have created.” -Keith
- Amazon is the world's largest shopping mall, and its importance is only going to increase over time. By getting a spot in this shopping mall, Boosted will be able to create great long-term success.
- What should a brand look for in terms of the future? Durability, packaging of the product, and the brand elements created.
- “What's unique about this ecosystem is maybe the speed at which you can get profitable doing that.” -Keith
- “We're 25 years into the digital commerce revolution. There's a lot of things that have yet to even happen, we're right at the very beginning. What an incredible time to sort of amass a critical mass of all of these capabilities.” -Phillip
- Retail is changing every day and we’re learning that the stories behind the brands matter.
- “The story matters more and people are wanting to believe and believe that they're buying a product with a greater vision or sense.” -Keith
- eCommerce is going to get more and more satisfying as a consumer and grow exponentially, those things are just fundamental. No one is going back to the way it was before.
Associated Links:
- Learn more about Keith Richman and Boosted Commerce
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- Listen to our other episodes of Future Commerce
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