Episode 263 - Exploring Non-China Sourcing Strategies with Sebastian Hertz

Scott Needham is joined by Sebastian Herz, founder of Zignify and a global product sourcing expert. Together, they explore the complexities of sourcing products outside of China, offering strategies for Amazon sellers to achieve cost savings and enhanced efficiency.Sebastian shares his journey from electrical engineer to entrepreneur, with extensive experience living in China and Singapore. He provides insights into Zignify's evolution from a small, China-focused business to a global sourcing powerhouse with over 60 employees. The discussion highlights the shift from China-based sourcing due to factors like Trump tariffs and the need for supply chain diversification, emphasizing the importance of choosing the right countries based on client needs and product materials.Sebastian also contrasts the sourcing mindsets of large corporations and small sellers, offering practical tips for navigating international manufacturer relationships. Tune in to this episode for essential insights on global product sourcing from one of the industry's leading experts.Gain valuable advice on reassessing current suppliers for potential savings, understanding the importance of fully engaging in the sourcing process, and leveraging tools like import records for competitor analysis.Episode Notes:00:23 - Sebastian Herz Introduction02:25 - Zignify and Sebastian's Origin Story06:45 - The Sourcing Process12:15 -  Advice for New Sellers17:40 - Useful Tools and Strategies19:25 - Working with Large Corporations24:05 - Favorite Countries for Sourcing26:25 - The Human Element of SourcingWebsite: zignify.netLinkedIn: linkedin.com/in/sebastianherzRelated Post: Retail Arbitrage vs. Online Arbitrage: Choosing the Right Sourcing Strategy for Amazon Sellers