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Welcome to the AM/PM Podcast hosted by Kevin King! Where we explore opportunities in E-commerce, we dream big, and we discover what’s working right now. This is the podcast where money never sleeps! Join Kevin as he sits down with top experts and sellers to talk about all things E-commerce and entrepreneurship. The things discussed in this ‘must listen’ podcast you won’t find anywhere else. New episodes are released every Thursday. Subscribe today.
Episodes
Thursday Feb 22, 2024
Thursday Feb 22, 2024
As the sun sets on another perfect day in Bali, we're joined by the dynamic duo Wayne Thompson and Daniel Wayse, whose stories are as rich and diverse as the Indonesian archipelago itself. They share a ton of insights into the burgeoning Indonesian e-commerce scene, where the backdrop of Bali's beaches belies a serious opportunity for global e-commerce entrepreneurs. It's not just about the serene lifestyle; it's about tapping into a market ripe with handcrafted goods and sustainable resources, all while navigating the challenges and rewards of running an e-commerce business from this idyllic setting.
Wayne's journey from ice cream mogul in New York to tech entrepreneur is nothing short of fascinating, and Daniel's evolution from sound engineer to e-commerce expert is equally compelling. Together, they've forged a path through the digital marketplace with Buyamia.com, bringing Indonesian craftsmanship to the world's doorstep with a commitment to sustainability and exceptional customer service. This episode peels back the layers of logistics, payment terms, and the creation of both B2B and D2C marketplaces that empower local artisans and delight consumers.
But it's not all about the bottom line; there's a heartbeat to this story that resonates with social responsibility. From challenging labor exploitation to fostering fair trade, Wayne and Daniel's platform is a catalyst for positive change. They're not just building businesses; they're building bridges—between Indonesian craftsmanship and global marketplaces, between economic opportunity and ethical practice. So sit back and let the tropical breeze of Bali inspire you with tales of innovation, adaptation, and the vibrant expat lifestyle that fuels the entrepreneurial spirit.
In episode 383 of the AM/PM Podcast, Kevin, Wayne, and Daniel discuss:
- 00:04 - Exploring Trade Opportunities in Indonesia
- 04:02 - Exploring Handicrafts in Bali
- 09:38 - From Ice Cream to Online Marketplace
- 13:12 - Building Successful Business in Bali
- 18:22 - Building a Concierge B2B Platform
- 21:13 - Customizable Products in Indonesia
- 26:08 - Logistics Challenges in Indonesia
- 29:37 - Sourcing Quantities for Manufacturing
- 38:15 - Fast Growth and Adaptation in Business
- 49:59 - Creating a B2B and D2C Marketplace
- 56:18 - Indonesia's Diverse Fabric Industry
- 1:02:30 - Kevin’s Words Of Wisdom