This past Thursday we hosted a networking event and panel in our office space with our friends over at Parkfield Commerce. Together, we offered our advice to a room full of ambitious suppliers and retailers seeking to launch successful e-commerce businesses. It was a night filled with wine, cheese, schmoozing, and business insight!
The panelists included Tracey Wallace from BigCommerce, Evan Hakalir from Andy & Evan Industries, Melissa Gonzalez from Lionesque Group, Jocelyn Teece from Gwynnie Bee, and our very own founder and CEO of Modalyst, Jill Sherman! Each offered their own unique perspectives and spoke from their individual backgrounds and experiences in the business, giving our audience a very holistic view of the industry.
The primary focus of the panel was the fast-growing dropship model in the world of e-commerce. Dropshipping has cut out the need for large warehouse facilities, staff, and distribution costs, proving to be very profitable for both the suppliers and retailers.
Here are some of the highlights from the panel discussion.