2020 has been a struggle but we got hit with another blow yesterday with the news that our main supplier has decided to close its doors and not supply independent traders anymore.
Their business had been in the hands of the same family for 100 years but had been under new ownership since 2019 and the Covid-19 situation has forced them to reevaluate how their business operates and with whom it trades with.
So with no notice they simply shut down their relationships with dozens of Indie-Traders like us.
So a blow to us and many other businesses that traded with them.
The obvious answer would appear to be to find another supplier, but the hard fact is that this company dominated the market and most of the other suppliers in this niche are much smaller and are also spread across the country, so it's just not cost-effective to travel large distances for small caches of stock.
We'd built up a lot of domain knowledge on these products and the customers that like them but it looks like we need to park that now and move on.
It's sad news as I've also had to retire a SaaS product this month too.
But it's now time to look ahead to 2021.
I know a lot of the businesses are SaaS on Indie Hackers but are people interested to hear about eBay type businesses? if so I'll add my other new eBay business on too.
As for Kizzyboutique, well we have a brand with lots of followers and we have a well-established eBay account with a lot of feedback so we might be able to come up with some ideas on how to leverage those.
So maybe its story is not quite over.....Let's see.
I'm most sad for our partner in this business as he'd been trading with this supplier since 1980 and they literally closed the door in his face yesterday and destroyed his 40-year old business with no notice or thanks or anything.
Life and business can be tough for sure!