Growing an eCommerce Brand Through Global Challenges With Nathan Resnick of Sourcify

Nathan Resnick is the President and Co-founder of Sourcify, the fastest-growing sourcing platform that helps hundreds of companies manufacture products around the world. He’s also the Owner of Bubble Hotels, is an angel investor and startup advisor, and is a Writer for Entrepreneur Media and HuffPost.

Nathan prides himself on his ability to learn and move fast. By the age of 27, he had three seven-figure startups under his belt. He believes that anyone can be an A player with the right tools.

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

[02:16] Nathan Resnick shares how he got a cease and desist order from Conor McGregor — and how that helped him grow Sourcify
[05:36] How supply chain issues are affecting ecommerce, retail, and various other industries
[10:58] In what ways could global tensions affect ecommerce and manufacturing processes?
[16:32] Nathan discusses the founding of Bubble Hotels and getting backed by Y Combinator
[21:39] How Sourcify educates entrepreneurs and helps clients understand their supply chains
[26:24] Nathan’s strategies to acquire new skills, grow as an entrepreneur, and scale ecommerce brands

In this episode…

From the pandemic to supply chain issues to global tensions, ecommerce brands have faced severe challenges over the past few years. So what can you do to grow your brand during these difficult times?

According to Nathan Resnick, shipping delays, costs, and supply chain issues will likely decrease in the future. However, many successful brands have already learned where they need to focus their efforts: on the data and the big picture. This is true for both established ecommerce brands and companies in their early stages. To work through challenges, you need to become more data-driven, plan further ahead, and keep the big picture top of mind.

In this episode of the eCommerce Profits Podcast, Joshua Chin is joined by Nathan Resnick, President and Co-founder of Sourcify, to talk about his strategies to grow and scale a brand. Nathan shares stories from his entrepreneurial journey, his thoughts on the future of global manufacturing, and tips for building a brand or product around a community.

Resources mentioned in this episode

Sponsor for this episode

This episode is brought to you by Chronos Agency.

If you are a direct-to-consumer ecommerce brand that wants to unlock the optimum customer lifetime value through email marketing, then look no further than Chronos Agency!

Our team of passionate email marketing experts has helped hundreds of brands generate over $70 million in return from email alone, and our clients receive an average of 3500% ROI from our efforts.

Chronos Agency has worked with a variety of brands, including Truly Beauty, Alya Skin, and many more. Our mission is to help real businesses achieve real results.

If you want to take your revenue to the next level using email marketing, be sure to email our team at sales@chronos.agency or visit chronos.agency to learn more.

Episode Transcript

Intro 0:04

Welcome to the eCommerce Profits Podcast where we feature top founders and experts in the ecommerce Industry and take an in depth look at the struggles and successes in growing ecommerce brands profitably.

Joshua Chin 0:21

Hey guys, Josh Chin here and the host of the eCommerce Profits Podcast where we feature top experts in the ecommerce Industry and we go behind the scenes of the struggles and successes in growing a brand. Now this episode is brought to you by Chronos Agency. if you run a direct consumer ecommerce brand is ready to scale and to double your customer lifetime value retention marketing Chronos is your company. This helps hundreds of brands scale profits with email, SMS and mobile push while getting an average of 500% ROI from our efforts. We’ve worked with brands like truly beauty, Udi, the lightest skin and many more. Now the next step is to email us at sales@chronos.agency or you can go to Chronos.Agency to learn more. Today’s guest is Nathan Resnick. He is the CEO and founder of Sourcify. Bubble Hotels, as well as multiple ecommerce companies in the past. He is a sourcing Pro, multiple seven figure, business entrepreneur. And most interestingly, Nathan speaks fluent Mandarin. Sourcify is one of the fastest growing sourcing platform. And Sourcify is backed by Y Combinator. We’ll talk a little bit about your experience with y comm which helps hundreds of companies manufacture products all around the world, connecting brands and entrepreneurs with factories directly. And we’ll talk a little bit about your story with Conor McGregor, and how you got a cease and desist from the very notorious UFC competitor. Nathan, welcome to the show.

Nathan Resnick 2:02

Josh, thanks so much for having me. Pleasure to be on.

Joshua Chin 2:06

Let’s let’s start right there. Nathan. How What’s the story behind? Almost getting sued by Conor McGregor?

Nathan Resnick 2:15

Yeah, yeah, totally. I mean, that’s a fun one. You know, when Conor McGregor was going to fight Floyd Mayweather, when he transferred from UFC to be a boxer for a bit. He in one of his press conference, were this pinstripe suit suit that had the lettering? You know, Fu Fu going down the pinstripes and it went completely viral? Everyone was, you know, searching, how do I buy Conor McGregor suit? And so the source of it and we said, well, this could be a fun marketing stunt. Let’s launch fu suits.com. And, you know, create those students. So in under a week, we had, you know, sample did a photo shoot launched the site everything. And it went completely viral. I mean, we were on barstool, Hypebeast, like every major media outlet that, you know, follows this type of media we were on. And you know, we did I think in the first like, day, we did like almost $50,000 in sales organically, like didn’t spend $1 on ads, I think that we asked like 150 or 200k. I mean, this was in like 2018 or 17, maybe even they weren’t, you know, viral. And then, I guess, Conor McGregor team saw it because they use images of him on our site and whatnot. And, you know, images of him, obviously, are illegal to use without his consent. So they sent us a cease and desist and said, Hey, if you don’t take down the site, we’re gonna sue you. And so we took down the site, refunded to the orders, and that was that, but it was cool, because we use it as like a way to grow Sourcify Like at the bottom, and I think, maybe on the menu, as well said, like, made by Sourcify. And so, you know, Sourcify has been, you know, I’ve been on national news like CNN and CNBC. And, you know, we get a lot of leads through that, but right, mark, you know, stuff that we did years ago, still drove more traffic and leads than any of those, you know, TV or news appearances.

Joshua Chin 4:10

That’s crazy. What, what, uh, what gave you what gave you the confidence to say, hey, team, yep, go ahead. That’s a crazy idea.

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