Articles & Tutorials

"Exclusive to Bright-Minded Ecommerce & DTC Entrepreneurs."

Author

mina kim
May 26, 2023

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Articles & Tutorials

Discover the story of GEN-Y Hitch, a pioneering company transforming the towing industry. Founded by visionary Carl Borkholder, they revolutionize trailer hitching and towing. Join us in an exclusive interview with President Dan Miller as we explore their inspiring journey of passion, determination, and ingenuity.

Figure, a startup that wants to build general-purpose humanoid robots, has raised $70 million from investors led by Parkway Venture Capital. The valuation of the one-year-old company was not disclosed, but a source close to the firm put it at over $400 million. Big tech companies and startups are racing to develop the next commercially viable humanoid robot.

E-commerce Logistics is the supply chain through which a company's online customer orders are fulfilled, with a market size of $1,864.6 Billion by 2030 and a compound annual growth rate of 19.4% from 2023 to 2030. The Asia-Pacific is expected to register the highest revenue share in the global e-commerce logistics market due to strong financial growth.

Ayar Labs raised $25 million to commercialize its silicon photonics technology, which uses light instead of electricity to transfer data between chips or servers. New investors include Capital TEN, VentureTech Alliance, Nvidia Corp, Tyche Partners, GlobalFoundries Inc and Intel Corp. Its market valuation has increased from last year's $130 million.

 

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Food for Thought

Josh Paulson acquired his grandfather's pet accessories company Quality Cage in 2015 and focused on chinchillas. He had no experience managing employees or businesses and went from zero to a 55-year-old company with 2,000 SKUs across multiple pet verticals. Quality Cage was able to break even from Chinchillas, despite negative reviews from PETA.

John Furner, Walmart U.S. President and CEO and NRF Board Chairman, was inspired by the people around him and a four-month internship in Monterey, Mexico. He worked his way up the corporate ladder and learned that true leaders are risk-takers. His career journey, best career advice, and daily huddle help guide Walmart's business. He focuses on the customer, pushing new ideas and innovations, and finding new ways to serve them.

 

  

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Featured Brands

Mable is an e-commerce startup that has built an online marketplace where customers can shop wholesale from thousands of emerging and local brands. Its goal is to help the small business community grow and thrive by providing customers with products they wouldn't otherwise have found on their own.

Lily AI is a startup company that works with brands and retailers to improve their on-site search conversion rates by providing demand forecasting and personalized product discovery. This helps them improve their on-site search conversion rates.

 

 

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Hacks & Tools

Trust badges are a great way to increase trust in online stores. They can be created using a tool like Ultimate Trust Badges by Conversion Bear, which can be customized to match the store's brand colors and look spammy.

Linktree is a bio-link tool that makes online content more discoverable, manageable, and likely to convert.

Gem is a real food vitamin. It basically shrinks real food nutrients into tiny little cubes to support your daily nutritional needs with ingredients you understand.

   

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Perks

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