Podbean logo
  • Discover
  • Podcast Features
    • Podcast Hosting

      Start your podcast with all the features you need.

    • Podbean AI Podbean AI

      AI-Enhanced Audio Quality and Content Generation.

    • Blog to Podcast

      Repurpose your blog into an engaging podcast.

    • Video to Podcast

      Convert YouTube playlists to podcasts, videos to audios.

  • Monetization
    • Ads Marketplace

      Join Ads Marketplace to earn through podcast sponsorships.

    • PodAds

      Manage your ads with dynamic ad insertion capability.

    • Apple Podcasts Subscriptions Integration

      Monetize with Apple Podcasts Subscriptions via Podbean.

    • Live Streaming

      Earn rewards and recurring income from Fan Club membership.

  • Podbean App
    • Podcast Studio

      Easy-to-use audio recorder app.

    • Podcast App

      The best podcast player & podcast app.

  • Help and Support
    • Help Center

      Get the answers and support you need.

    • Podbean Academy

      Resources and guides to launch, grow, and monetize podcast.

    • Podbean Blog

      Stay updated with the latest podcasting tips and trends.

    • What’s New

      Check out our newest and recently released features!

    • Podcasting Smarter

      Podcast interviews, best practices, and helpful tips.

  • Popular Topics
    • How to Start a Podcast

      The step-by-step guide to start your own podcast.

    • How to Start a Live Podcast

      Create the best live podcast and engage your audience.

    • How to Monetize a Podcast

      Tips on making the decision to monetize your podcast.

    • How to Promote Your Podcast

      The best ways to get more eyes and ears on your podcast.

    • Podcast Advertising 101

      Everything you need to know about podcast advertising.

    • Mobile Podcast Recording Guide

      The ultimate guide to recording a podcast on your phone.

    • How to Use Group Recording

      Steps to set up and use group recording in the Podbean app.

  • All Arts Business Comedy Education
  • Fiction Government Health & Fitness History Kids & Family
  • Leisure Music News Religion & Spirituality Science
  • Society & Culture Sports Technology True Crime TV & Film
  • Live
  • How to Start a Podcast
  • How to Start a Live Podcast
  • How to Monetize a podcast
  • How to Promote Your Podcast
  • How to Use Group Recording
  • Log in
  • Start your podcast for free
  • Podcasting
    • Podcast Features
      • Podcast Hosting

        Start your podcast with all the features you need.

      • Podbean AI Podbean AI

        AI-Enhanced Audio Quality and Content Generation.

      • Blog to Podcast

        Repurpose your blog into an engaging podcast.

      • Video to Podcast

        Convert YouTube playlists to podcasts, videos to audios.

    • Monetization
      • Ads Marketplace

        Join Ads Marketplace to earn through podcast sponsorships.

      • PodAds

        Manage your ads with dynamic ad insertion capability.

      • Apple Podcasts Subscriptions Integration

        Monetize with Apple Podcasts Subscriptions via Podbean.

      • Live Streaming

        Earn rewards and recurring income from Fan Club membership.

    • Podbean App
      • Podcast Studio

        Easy-to-use audio recorder app.

      • Podcast App

        The best podcast player & podcast app.

  • Advertisers
  • Enterprise
  • Pricing
  • Resources
    • Help and Support
      • Help Center

        Get the answers and support you need.

      • Podbean Academy

        Resources and guides to launch, grow, and monetize podcast.

      • Podbean Blog

        Stay updated with the latest podcasting tips and trends.

      • What’s New

        Check out our newest and recently released features!

      • Podcasting Smarter

        Podcast interviews, best practices, and helpful tips.

    • Popular Topics
      • How to Start a Podcast

        The step-by-step guide to start your own podcast.

      • How to Start a Live Podcast

        Create the best live podcast and engage your audience.

      • How to Monetize a Podcast

        Tips on making the decision to monetize your podcast.

      • How to Promote Your Podcast

        The best ways to get more eyes and ears on your podcast.

      • Podcast Advertising 101

        Everything you need to know about podcast advertising.

      • Mobile Podcast Recording Guide

        The ultimate guide to recording a podcast on your phone.

      • How to Use Group Recording

        Steps to set up and use group recording in the Podbean app.

  • Discover
  • Log in
    Sign up free
AM/PM Podcast

AM/PM Podcast

Business:Entrepreneurship

#371 - Indian E-Commerce Sourcing Opportunities with Lokesh Parashar

#371 - Indian E-Commerce Sourcing Opportunities with Lokesh Parashar

2023-11-30
Download

Ever wonder why India is emerging as the new frontier in e-commerce and Amazon product sourcing? We welcomed seasoned sourcing expert, Lokesh Parashar, to shed light on this trend. Lokesh, with his 30 years of experience, unraveled the vast opportunities, potential returns, and occasional hurdles when sourcing from India. One key takeaway from Lokesh was the value of investing not only in the product but also in the community by actively participating in events and fostering relationships within the e-commerce sphere.

Taking a closer look at the sourcing landscape, he shares his experience on how he made a remarkable transition from factory owner to supplying giants like Walmart. The challenges confronted after the 9/11 tragedy, his move to Canada and subsequent return to India due to his wife's medical condition, and his eventual venture into sourcing for small businesses added a deeply personal touch to his fascinating journey. His takeaway was clear: opening his own US-based company makes financial transactions smoother and can even open doors to becoming one of the largest consulting firms connecting Indian factories and the US.

We couldn't leave the topic of sourcing without comparing India and China. Factors like pricing, quality, business support, and even labor costs were laid on the table. We discovered that while China has an edge in infrastructure and logistics, India isn’t far behind catching up. We also underlined the importance of building personal relationships with factory owners and taking the time to visit these countries. Finally, an engaging discussion about the importance of creating a federation for sourcing agents in India and how their unique program lets Amazon FBA business owners get an Indian sourcing trip with just $999 all-in. Come join us on this journey, and who knows, you might just uncover your next big business opportunity.

In episode 371 of the AM/PM Podcast, Kevin and Lokesh discuss:

  • 00:00 - Amazon Product Sourcing Opportunities in India
  • 00:22 - Manufacturing Benefits in India
  • 07:13 - Career Transition Into Exporting and Manufacturing
  • 09:57 - Sourcing and Exporting in India
  • 12:13 - Relocating to Canada, Seeking Medical Options
  • 16:08 - Comparing Sourcing in China and India
  • 22:56 - India's Innovative Mixed Material Products 
  • 23:09 - Importance of Visiting India and China
  • 26:12 - Chinese Factories in Other Countries
  • 31:25 - Affordable Ecom Seller Trip to India
  • 33:15 - Federation of Buying Agents, Trade Shows
  • 47:24 - No Catch in This Great Offer
  • 54:06 - Advantages of Expanding to India
  • 58:24 - This Week's Words Of Wisdom From Kevin

view more

More Episodes

#235 - Family Members: To Employ or Not to Employ
2021-03-04 4.3k
#234 - A Question for Entrepreneurs: Stay the Course, or Change Direction?
2021-02-25 4.2k
#233 - ”Accidental” Entrepreneurial Success and Important Next Steps
2021-02-18 4.4k
#232 - The (UN)Comfort Zone; Fighting the Fear of the Unknown
2021-02-04 4.6k
#231 - The Importance of Self-Awareness - Life Lessons for Entrepreneurs
2021-01-28 4.6k
#230 - Social Media for Everyone! It’s Not as Hard as Everyone Thinks
2021-01-21 4.8k
#229 - Why Entrepreneurs Sometimes Need to Ignore Advice
2021-01-07 5.0k
#228 - Why Small Businesses Need Big Business Structure
2020-12-23 4.2k
#227 - An Entrepreneur’s Relentless Positivity and a Life Changing Product (Part Two)
2020-12-17 3.6k
#226 - An Entrepreneur’s Relentless Positivity and a Life Changing Product (Part One)
2020-12-17 3.4k
#225 - Copywriting: Not Just a Necessity, but Also a Business
2020-12-10 3.9k
#224 - Is Dropshipping Dead as an E-Commerce Business Model?
2020-12-03 4.2k
#223 - A Look Back at a Challenging 2020 - Soaring E-Commerce and Important Life Lessons
2020-11-25 3.8k
#222 - A ”Ditch Digging” Multi-Millionaire Talks About Serving Others (and Accidentally Making Lots of Money)
2020-11-19 4.6k
#221 - How Can Entrepreneurs Build a Business with Passion? This Marketing Pro Has a Blueprint
2020-11-05 5.3k
#220 - Public Relations and Marketing During the Age of TikTok - A PR Pro Offers Tips
2020-10-29 4.7k
#219 - The Importance of Systems and Processes in E-Commerce - Go from Zero to Hero with Your Biz
2020-10-22 5.2k
#218 - E-Commerce Finance - Here’s How to Use Solid Tactics to Help Fulfill Your Own Vision of Freedom
2020-10-15 5.2k
#217 - Did E-Com Kill Retail? This Retail Expert Says No, and Explains the Overlap Between the Two Platforms
2020-10-08 4.9k
#216 - Capitalism or Greed? The Story of the Hand Sanitizer Gold Rush of 2020 with Lance Wolf
2020-10-01 4.8k
  • ←
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • →
012345678910111213141516171819

Get this podcast on your
phone, FREE

Download Podbean app on App Store Download Podbean app on Google Play

Create your
podcast in
minutes

  • Full-featured podcast site
  • Unlimited storage and bandwidth
  • Comprehensive podcast stats
  • Distribute to Apple Podcasts, Spotify, and more
  • Make money with your podcast
Get started

It is Free

  • Podcast Services

    • Podcast Features
    • Pricing
    • Enterprise Solution
    • Private Podcast
    • The Podcast App
    • Live Stream
    • Audio Recorder
    • Remote Recording
    • Podbean AI
  •  
    • Create a Podcast
    • Video Podcast
    • Start Podcasting
    • Start Radio Talk Show
    • Education Podcast
    • Church Podcast
    • Nonprofit Podcast
    • Get Sermons Online
    • Free Audiobooks
  • MONETIZATION & MORE

    • Podcast Advertising
    • Dynamic Ads Insertion
    • Apple Podcasts Subscriptions
    • Switch to Podbean
    • YouTube to Podcast
    • Blog to Podcast
    • Submit Your Podcast
    • Podbean Plugins
    • Developers
  • KNOWLEDGE BASE

    • How to Start a Podcast
    • How to Start a Live Podcast
    • How to Monetize a Podcast
    • How to Promote Your Podcast
    • Mobile Podcast Recording Guide
    • How to Use Group Recording
    • Podcast Advertising 101
  • Support

    • Support Center
    • What’s New
    • Free Webinars
    • Podcast Events
    • Podbean Academy
    • Podbean Amplified Podcast
    • Badges
    • Resources
  • Podbean

    • About Us
    • Podbean Blog
    • Careers
    • Press and Media
    • Green Initiative
    • Affiliate Program
    • Contact Us
  • Privacy Policy
  • Cookie Policy
  • Terms of Use
  • Consent Preferences
  • Copyright © 2015-2025 Podbean.com