Staying Profitable Amid Tariff Changes: Steven Selikoff on Navigating the End of De Minimis
Description
Why are smart entrepreneurs celebrating the end of de minimis while their competitors panic about margin compression?
The suspension of the de minimis rule has left many e-commerce sellers scrambling to understand new costs and compliance requirements. In this episode of B2B Breakthrough, host Ciara Cristo chats with Steven Selikoff (https://www.linkedin.com/in/stevenselikoff/), founder of Product One (https://product.one/) and author of The Complete Book of Product Design, Development, Manufacturing, and Sales, about navigating the new tariff landscape with a profit-first mindset. Steven breaks down the myths surrounding de minimis changes, reveals how tariffs and duties can actually be tax-deductible, and shares his proven strategies for achieving 9-10x multipliers even in challenging trade conditions. Learn why building a "purple cow" product is your best defense against margin compression and how smart entrepreneurs can turn trade disruption into competitive advantage.
Tune in to learn:
- (00:00 ) The Reality of De Minimis Rule Changes and Business Impact
- (08:10 ) The Biggest Myth: Tariffs and Duties Are Tax Deductible
- (13:26 ) Product One's Focus on Profitable Product Development
- (18:05 ) Alibaba CoCreate Event Advertisement
- (18:42 ) The Purple Cow Strategy: Differentiation for Better Margins
- (25:04 ) Audience Research and the Porsche SUV Success Story
- (29:53 ) Ten Strategies to Combat Tariff Impact
- (34:19 ) 30-Day Action Plan for Tariff Preparation
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Chapters
- (00:00:00 ) - How to Make a Business Profitable
- (00:00:19 ) - B2B Breakthrough: Tariffs & Trade
- (00:01:52 ) - What is De minimis and Is It Affecting E-Commerce
- (00:04:09 ) - What does the shift to D2C for e-commerce sellers
- (00:06:01 ) - What should e-sellers Know About the Compliance Requirement on
- (00:07:48 ) - Importing DDP
- (00:13:33 ) - What Product One Does for Small Business Owners
- (00:17:59 ) - Where AI Sourcing Engines Take You
- (00:18:53 ) - Sourcing at a Better Margin
- (00:25:31 ) - How to Find Your Purple Cow
- (00:29:18 ) - What mistakes are sellers making that can help them combat these?
- (00:30:28 ) - How to Manage Your Tariffs
- (00:34:45 ) - Tariffs: What Businesses Need to Do Now
- (00:37:15 ) - B2B Breakthrough: Accelerating Business Growth