Shippo co-founder and CEO Laura Behrens-Wu describes the scale of her side e-commerce business prior to starting Shippo.
0:00 / 0:03exact quote · 3.6s
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“So I was selling like one, two, three items a week. It was very small.”
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More from Laura Behrens-Wu
Disclosure
Shippo processes over 1 million packages per month
“And today we're doing millions of packages a month.”
Laura Behrens-WuOct 6, 2016▶ 6:04EP 439: $9m Raised, GoShippo Helps Little Guy Drop Ship 1,000,000+ Packages Per Month Already with CEO Laura Behrens Wu
Opinion
Carriers excel at physical transport but fail as tech companies
“The shipping providers, they're awesome at transporting your items, but they're not tech companies.”
Laura Behrens-WuOct 6, 2016▶ 9:40EP 439: $9m Raised, GoShippo Helps Little Guy Drop Ship 1,000,000+ Packages Per Month Already with CEO Laura Behrens Wu
AssertionNot checkable as stated
Shippo achieved profitability in early 2016
“So we've been able to be profitable since early this year.”
Laura Behrens-WuOct 6, 2016▶ 12:56EP 439: $9m Raised, GoShippo Helps Little Guy Drop Ship 1,000,000+ Packages Per Month Already with CEO Laura Behrens Wu
Disclosure
Shippo will not sell to carriers like UPS or FedEx
“Here, what we're talking about is that we really try to be carrier agnostic. So we don't want to be owned by the UPS or FedEx or USPS. We want to work with all different shipping providers. That's the power of the platform.”
Laura Behrens-WuOct 6, 2016▶ 17:28EP 439: $9m Raised, GoShippo Helps Little Guy Drop Ship 1,000,000+ Packages Per Month Already with CEO Laura Behrens Wu
Insight
Behrens-Wu: Shipping costs eat 15% to 30% of e-commerce product costs
“So it's anything between 15 to 30% depending on the size of your e-commerce store.”
Laura Behrens-WuOct 6, 2016▶ 5:09EP 439: $9m Raised, GoShippo Helps Little Guy Drop Ship 1,000,000+ Packages Per Month Already with CEO Laura Behrens Wu
AssertionSupported
Behrens-Wu: Shippo offers discounts up to 60% off retail shipping rates
“So our discounts depending on size and weight and shipping provider go as high as 60% off compared to retail shipping rates.”
Laura Behrens-WuOct 6, 2016▶ 5:30EP 439: $9m Raised, GoShippo Helps Little Guy Drop Ship 1,000,000+ Packages Per Month Already with CEO Laura Behrens Wu
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