When Amazon introduced Prime,
Akhilesh Srivastava, CEO & Founder of
Fenix Commerce, new that consumer behavior would change. So when he started working at eBay using his supply chain logistic expertise to improve the consumer experience around delivery, he was excited. Unfortunately, he knew whatever he built wouldn't be made available to the thousands of DTC brands that really needed it. So he set out to build a platform that gave brands large and small the same Amazon delivery options and customers experience except no Amazon. Think of it as democratizing AI and tech so all brands could compete with Amazon.
In Part 1 of this feature, Akhilesh discusses How Fenix helps brand compete against Amazon, What's the basic premise behind Fenix Intelligent Delivery platform, His entrepreneurial journey, Why Amazon has changed consumer preferences, How to launch a startup after years of working in corporate America, Why having your partner's buy-in is crucial for an entrepreneur, Why during COVID consumers crave certainty, Why consumers don't mind long shipping times as long as they know its coming, How Fenix could help maximize sales even when items are out of stock using real-time inventory optimization. and so much more.
Join us while
Ramon Vela interviews Akhilesh in Part 1 of this episode and listen to him share the inside story of his startup.