Episode Summary

Izzy Gewirtzman is the founder of Shiplion - a consultancy that helps brands optimize and save on shipping costs. After realizing that contracts between businesses and carriers could be optimized to reduce costs and improve service, he started helping companies doing larger volume re-coup costs and optimize COGs by renegotiating their contracts with carriers like FedEx and UPS.

Episode Notes

Episode brought to you by Trend & Finaloop.

On this episode of DTC Pod, Izzy Joins Blaine to lead a masterclass on saving on shipping.

1. What are the most common mistakes when negotiating shipping rates?

2. What surcharges and hidden fees most commonly drain shipping budget?

3. What are the most common overlooked details that make brands lose money on shipping?

4. What type of shipping carrier is best for my store?

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Episode Highlights

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00:04:28 - Shipping costs = 10% of revenue

00:09:31 - Create account, leverage resellers

00:14:08 - Consult peers, ask for transparency

00:18:01 - Use lightweight services, regional carriers

00:24:41 - Optionality and reduced rates with regionals

00:28:03 - Service, volume, contract negotiation = cost

00:31:34 - Know carrier, understand data, negotiate everything

00:37:41 - Negotiate discounts; be proactive about rate increases

00:42:21 - FedEx EB increasing costs, offer discounts

00:46:16 - Negotiate for peak period costs

Episode brought to you by Finaloop, the real-time accounting service trusted by hundreds of DTC Brands. Try Finaloop free - no credit card required. Visit finaloop.com/dtcpod and get 14 days free and a 2-month P&L within 24 hours.

Past guests & brands on DTC Pod include Gilt, PopSugar, Glossier, MadeIN, Prose, Bala, P.volve, Ritual, Bite, Oura, Levels, General Mills, Mid Day Squares, Prose, Arrae, Olipop, Ghia, Rosaluna, Form, Uncle Studios & many more.

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Izzy Gewirtzman - Founder of Shiplion
Ramon Berrios - CEO of Trend.io
Blaine Bolus - Co-Founder of Seated

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