Ecommerce Odyssey Podcast

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Trevor Ginn from Vendlab.com interviews some of the most interesting people in eCommerce. We talk about everything required to start and run an online business including marketing, logistics, product sourcing and marketplaces. Vendlab.com is an eCommerce marketing agency specialising in online marketplaces and ecommerce platforms.

Trevor Ginn


    • May 8, 2025 LATEST EPISODE
    • monthly NEW EPISODES
    • 29m AVG DURATION
    • 85 EPISODES


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    Latest episodes from Ecommerce Odyssey Podcast

    Creating Micro Influencer Campaigns at Scale with Stack Influence

    Play Episode Listen Later May 8, 2025 43:52


    In this episode, we're joined by William Gasner, co-founder of Stack Influence (https://stackinfluence.com/) a platform that helps eCommerce brands drive product awareness through micro-influencer marketing at scale. Stack Influence connects brands with thousands of everyday influencers to generate authentic content, boost social proof, and increase sales.Topics we discussed:What does Stack Influence do?Where did you get the idea from?What is a micro influencer. Is everyone a micro influencer these days?What is the relative effectiveness of micro vs macro influencers?What are the costs? How cost-effective is it?How do you track results?What social media platforms do you work with? Which one works bestHow does the process work?Does this work with marketplaces or just websites?What kind of products does your platform work for?What is the future of influencer marketing?What has inspired you recently?How to Grow Your eCommerce Business is product by VendLab (https://www.vendlab.com) an Amazon growth agency.

    Growing your eCommerce Business with AI-Powered Video Ads

    Play Episode Listen Later Feb 10, 2025 33:42


    In this episode of How to Grow Your eCommerce Business, Trevor sits down with John Gargiulo from Airpost (https://airpost.ai/) to explore how AI is helping eCommerce brands create high-converting ads with ease!Topics we cover:What is the process of creating a video using Airpost?What makes a good video?How does AI help?What are the best platforms to publish video ads?Who do video ads work best for?What are your video creation best practice tips?What kind of performance are you seeing from the videos?What is the future of video ads?What has inspired you recently?How to Grow Your eCommerce Business is a podcast from the multi-channel eCommerce agency Vendlab (www.vendlab.com)

    Grow your eCommerce Business with Alternative Marketplaces

    Play Episode Listen Later Feb 3, 2025 31:47


    In this episode of the How to Grow Your eCommerce Business Podcast, we explore opportunities on platforms like Walmart, Bol.com, and Allegro, sharing expert insights and strategies to scale your online business successfully. This episode is sponsored by the multi-channel eCommerce consultancy VendLab ⁠(www.vendlab.com⁠) Marketplaces we cover: Fruugo Walmart Cdiscount Allegro OnBuy Bol.com Tmall Lazada TradeMe Mirakl marketplaces Mercado Libre

    Grow Your eCommerce Sales with Rep AI - AI Chatbot for Shopify

    Play Episode Listen Later Jan 26, 2025 26:33


    In this episode of How to Grow Your eCommerce Business features Trevor interviews Rep Ai (www.hellorep.ai). The Rep AI chatbot guides and supports shoppers at the right moment—boosting sales, resolving inquiries, and delivering data-driven insights for an optimized shopping experience. Use this exclusive code to get a 25% discount in addition to the 30-day free trial: HOWTOGROW25 Topics we cover: How did you get the idea for the Hello Rep? What kind of training does it require? How do you get the most out of the product? How do you have you avoided AI hallucinations? What kind of performance are you seeing? Are there any positive externalities e.g. support tickets, fewer returns? Does it pass the Turing test? Do you think that search and chat are combining? What is the future of eCommerce customer interface? Where can people find you online?

    Grow Your eCommerce Business Internationally

    Play Episode Listen Later Jan 5, 2025 34:36


    This episode of the How to Grow your eCommerce Business Podcast covers strategies, insights, and success stories to help you scale your eCommerce business globally. This episode is sponsored by the multi-channel eCommerce consultancy VendLab (www.vendlab.com) Topics covered: Advantages of international trade Grow sales by up to 50% -         Reach new audience -         Grow sales -         Less price competitive Disadvantages -         Customer service issues -         Shipping times -         Currency conversion -         Compliance -         VAT registrations -         Duty -         Fragile items Types of international trade -         Simple -         Advanced Shipping options -         Ship from domestic location -         Local fulfilment -         Special mention: FBA and Pan-EU FBA What the major international sales channels -         Amazon -         eBay -         Google Shopping -         Local sites - Cdiscount, Bol.com Google Shopping -         Can do this all from the same Merchant centre/Google Ads -         Multi-language feed -         Localisation of website -         Accept multiple currencies Amazon -         Works same in every country -         Automatic translation -         Combined EU and NA accounts -         Remote FBA -         Pan-EU FBA

    Using Email Marketing To Grow Your eCommerce Business

    Play Episode Listen Later Dec 23, 2024 25:23


    In this episode of How to Grow Your eCommerce Business, we explore how this often-overlooked strategy can transform your online business. In this podcast, we'll uncover actionable insights and proven tactics to help you build deeper customer connections, drive repeat sales, and maximize your ROI through the power of email. The episode is sponsored by the multi-channel eCommerce Agency VendLab (www.vendlab.com) Topics we cover: Why is email marketing still important in the age of social media Email is still hugely popular Encourage returning customers High ROI Types of email Transactional Flows Email campaigns Best way to send emails Shopify - cheap Mailchimp etc - more expensive Collecting emails GDPR considerations Pop-ups Incentives to sign up Checkout sign-up SMS - better conversion rates Maximising deliverability Double opt-in Email authentication Keep your list up to date Best practice for writing emails Keep it short Use a single link multiple times Send frequently Include clear calls to action What you should do today if you don't do anything else: Start collecting emails Abandoned cart emails Winback flow

    How to Manage and Avoid Amazon Suspensions

    Play Episode Listen Later Dec 7, 2024 28:32


    In this episode of How to Grow Your eCommerce Business, we dive into the key strategies every seller needs to protect their account and navigate Amazon's complex policies. From proactive compliance tips to recovery steps after a suspension, we're here to help you stay ahead of the curve and keep your business on track. How to Grow Your eCommerce Business is sponsored by the D2C eCommerce agency VendLab (⁠⁠www.vendlab.com⁠⁠). Topics we cover: Type of Amazon issues Buy box suspension Amazon Policy violations and suspensions How to avoid Amazon suspensions Deactivations

    How to Grow Your eCommerce Business with eBay

    Play Episode Listen Later Nov 29, 2024 24:31


    In this episode we discuss how eBay helps businesses to grow and thrive in the global marketplace. From reaching millions of customers worldwide to leveraging powerful selling tools, we'll explore how eBay can be a successful channel for our business. How to Grow your eCommerce Busienss is sponsored by the D2C eCommerce agency VendLab: (⁠www.vendlab.com⁠). Things we discuss: Is eBay still a good place to sell? What sells well on eBay What does it cost? How to optimise ebay listings: How to succeed on eBay What are the international opportunities on eBay ? What is the future for eBay?

    Why Improving Your Conversion Rate is Vital to Your eCommerce Business

    Play Episode Listen Later Nov 22, 2024 25:55


    In this episode of the How to Grow your eCommerce Business Podcast, we explore the art and science of turning website visitors into loyal customers. From actionable strategies to expert insights, we're here to help you optimize your digital presence and boost your bottom line. How to Grow your eCommerce Busienss is sponsored by the D2C eCommerce agency VendLab: (www.vendlab.com). Topics we discuss: What is conversion rate, and why is it important Benchmarks Measuring conversion rate User experience Quality product info Payment options Shipping options Improving conversion rate

    Why We Think Shopify is the Best eCommerce Platform

    Play Episode Listen Later Nov 15, 2024 18:43


    How to Grow Your eCommerce Business is sponsored by the multi-channel eCommerce Business Vendlab (⁠⁠⁠www.vendlab.com⁠⁠⁠). Contact us if you want to discuss growing your eCommerce business. In this podcast, we discuss why we think that Shopify is the best eCommerce platform for most sellers. This is because it offers an intuitive, user-friendly interface and powerful tools for inventory management, marketing, and customer engagement. Its scalability and extensive app ecosystem make it ideal for businesses of all sizes, from startups to global enterprises.

    Why Amazon Fulfilment Can Grow Your eCommerce Business

    Play Episode Listen Later Nov 5, 2024 31:23


    How to Grow Your eCommerce Business is sponsored by the multi-channel eCommerce Business Vendlab (⁠⁠www.vendlab.com⁠⁠). Contact us if you want to discuss growing your eCommerce business. In this episode, we explore the different Amazon fulfilment methods—FBA, FBM, and SFP—and how they can help boost your sales. We'll explore the advantages of each approach, from Fulfillment by Amazon (FBA) to managing your own shipments (FBM) and discuss which option will be right for your business. In this episode, we discuss: FBM When should you use FBM? (Large catalogue, fragile, heavy, can't ship to Amazon) How is the shipping set? What timescale do you need to deliver in? Can FBM be used for international shipping SFP When should you use SFP Advantages of SFP. (Only need one warehouse) What metrics do you need to comply with. (Delivery time) Can SFP be used for international shipping FBA When should you use FBA How does FBA influence who gets the buy box? What are the pros and cons of FBA How do you get inventory to Amazon How do you prepare inventory How do you get inventory back What does shipping cost? How much are storage fees? Can FBA be used for international shipping What is Pan-EU FBA Other programs Are there other programs Big and heavy Small and light International programs Remote fulfilment by FBA Allow Amazon to buy stock

    Why Shipping is important to Growing Your eCommerce Business

    Play Episode Listen Later Oct 29, 2024 29:38


    How to Grow Your eCommerce Business is sponsored by the multi-channel eCommerce Business Vendlab (⁠www.vendlab.com⁠). Contact us if you want to talk about grow your eCommerce business. Shipping is often an afterthought but is vital to the growth and success of any eCommerce business. It serves as the final touchpoint between the seller and the customer and significantly impacts customer satisfaction and retention. Efficient and reliable shipping solutions can enhance the shopping experience, foster trust, and encourage repeat purchases. Competitive shipping options can help differentiate your business from competitors. In this episode we discuss: How important is shipping? What shipping options to offer? Free shipping or not free shipping? Send tracked or untracked? Shipping thresholds International shipping options Returns – Free or not? Fulfilment houses – good idea? Channel based shipping

    Optimizing your eCommerce Pricing Strategy For Success!

    Play Episode Listen Later Oct 22, 2024 39:49


    How to Grow Your eCommerce Business is sponsored by the multi-channel eCommerce Business Vendlab (www.vendlab.com). Contact us if you want to talk about grow your eCommerce business. In this episode, we discuss creating a winning pricing strategy across your eCommerce business. Questions we cover are: - Why is pricing important - Can small differences in pricing make big differences? - Is pricing the only important thing? - What are the differences between pricing as a retailer or a brand owner? - How to price shipping.  What are the options? - How do you manage pricing, manually or automatically? - Amazon pricing - Google shopping pricing - eBay pricing - International pricing - Promotional pricing - How to run pricing experiments

    Growing Your eCommerce Business with Google Shopping

    Play Episode Listen Later Oct 15, 2024 35:37


    In this episode, we're unlocking the secrets of harnessing Google Shopping to boost your e-commerce growth. Whether you're starting or looking to scale, Google Shopping offers incredible opportunities to reach potential customers. We'll cover everything from setting up your campaigns to optimising your product listings for maximum visibility. Plus, we'll share real-world examples, expert tips, and common pitfalls to avoid. So, if you're ready to turn clicks into conversions, you'rein the right place! Let's dive in and elevate your e-commerce business with the power of Google Shopping! How to Grow your eCommerce Business is brought to you by VendLab (www.vendlab.com) the multi-channel eCommerce agency. Get a copy of our book: https://bit.ly/eCommerce-Growth-Book

    Shopify eCommerce SEO with Josuha George from ClickSlice

    Play Episode Listen Later Sep 24, 2024 20:33


    How to grow your eCommerce business is sponsored by multi-channel eCommerce experts at Vendlab. Please email us to talk about growing your eCommerce business. Joshua George is the founder of ClickSlice and an expert on Shopify SEO. In this episode, we talk about the continuing importance of SEO as a sales driver for eCommerce stores and how Shopify store owners can get ahead. Topics include: How important is SEO these days? What is a healthy SEO/Paid search split What are the most important things a Shopify website owner should do to improve natural search performance? What are the biggest mistakes that Shopify owners make. How hard is it to outrank big retailers What is the relative importance of links or content? Popular misconceptions about SEO What should brand look out for when hiring an agency What is the most cost-effective SEO strategy What has inspired you recently?

    Understanding USA Sales Tax with Jared Smithson from RJM Tax

    Play Episode Listen Later Sep 4, 2024 15:31


    In this episode, we'll explore the intricacies of U.S. sales tax with Jared Smithson from RJM Tax Exemption. We'll cover everything from the basics of what it is and how it works to the specific challenges businesses face in staying compliant across different states. We'll also explore how exemptions work, the importance of proper documentation, and the steps you can take to avoid costly penalties. Whether you're a business owner, accountant, or just someone who wants to understand sales tax better, this conversation with Jared is packed with valuable insights that you won't want to miss. Topics we cover: - What is US sales tax? - What are the US tax rules for overseas ecommerce sellers? - How do rules differ by state? - How do you pay taxes, and how do the rules differ by platform? - How do you minimise your tax burden? - What issues do sellers get into? Have you got any horror stories?

    Valon Xhafa from Behamics on AI and eCommerce

    Play Episode Listen Later Aug 29, 2024 54:41


    Valon Xhafa from Behamics was an AI professional before it was all the rage! His company makes a range of tools which use AI to help sellers understand their performance and optimise eCommerce stores. In this interview Trevor and Valon talk about the many ways which AI can be used to grow eCommerce sales including SEO, content creation, merchandising and conversion rate optimisation. How to Grow to Your eCommerce Business is sponsored by VendLab, the multi-channel eCommerce experts.

    How to Optimise your eCommerce Inventory Management with Bahadir Efeoglu from Fabrikator

    Play Episode Listen Later Aug 20, 2024 29:08


    This episode is sponsored by Fabrikatör (www.fabrikator.io/), the #1 Inventory Management Software For Shopify. Fabrikatör helps direct-to-consumer ecommerce businesses make wise and confident supply decisions. It also has excellent features for boosting revenue, such as allowing customers to buy products they love when they are out of stock. In this episode, we talk about best practices for DTC brands and how Fabrikatör helps companies to optimise their inventory management. Listener can get a 14-day free trial of Fabrikatör plus a 20% discount on their first year for all plans. Just use the code "GrowPodcast2024" before subscribing. 

    Optimising your Unboxing Experience with Tyler DeLarm from UnDigital

    Play Episode Listen Later Jul 10, 2024 19:45


    The unboxing experience is a vital and often ignored part of the consumer experience. In this episode of the How to Grow Your eCommerce Business Podcast, Trevor talks to Tyler DeLarm from UnDigital about optimising your unboxing to increase the return order rate. How to Grow to Your eCommerce Business is sponsored by Vendlab, the multi-channel eCommerce experts.

    Shipping Customer Orders Directory from China with Izzy Rosenzweig from Portless

    Play Episode Listen Later May 29, 2024 17:50


    How to Grow Your eCommerce Business is sponsored by the multi-channel eCommerce agency Vendlab.com. Are you fed up with the hassle of shipping your inventory in bulk from the Far East? Happily, there is an alternative to storing all the money in stock and waiting three months for it to arrive. Portless enables stock to be stored in China and shipped directly to consumers in five days or less! Shipping costs are not much higher for small items than local fulfilment. Sound too good to be true? Find out all about it in the episode. --- Send in a voice message: https://podcasters.spotify.com/pod/show/ecommerce-odyssey-podcast/message

    Conversion Rate Optimisation with Ayat Shukairy from Invesp

    Play Episode Listen Later May 22, 2024 37:53


    The How to Grow your eCommerce Business is sponsored by the eCommerce Growth Agency Vendlab.com. Ayat Shukairy is a conversion rate optimisation expert and the founder of Invesp.com. In this podcast, we discuss the process for increasing website conversion rates and the things that every website owner should do today to turn more browsers into buyers. --- Send in a voice message: https://podcasters.spotify.com/pod/show/ecommerce-odyssey-podcast/message

    Upselling on Shopify with Even Haim of Reconvert.com

    Play Episode Listen Later May 16, 2024 18:05


    How to Grow your eCommerce Business is sponsored by the eCommerce Growth Agency www.Vendlab.com. Even Haim is a 7 Figure eCommerce seller and the founder of reconvert.com,seven-figure eCommerce seller and the founder of ⁠reconvert.com,⁠ the top-selling the top selling Upselling app on the Shopify marketplace. In this recording, Even shares his tips on how optimising your site for upselling can grow your sales by up to 10%. --- Send in a voice message: https://podcasters.spotify.com/pod/show/ecommerce-odyssey-podcast/message

    Automating Amazon FBA Claims with Will Cooper from Rev Up Technology

    Play Episode Listen Later Mar 24, 2024 23:40


    Amazon warehouses frequently lose and damage stock. Will Cooper from Rev Up Technology estimates this can be as much as 3% of sales. Unfortunately, Amazon does not always reimburse merchants, which is a hidden cost of doing business. Even if you know the reimbursement process, getting around to it is difficult, which is where companies like Rev Up come in. They take the whole process off your hands for a small commission. In this episode, I talk to Will about why sellers who are making claims are leaving money on the table and what merchants should be doing to get their money back. --- Send in a voice message: https://podcasters.spotify.com/pod/show/ecommerce-odyssey-podcast/message

    Mastering Link Building with Matt Harrison from Next Net Media

    Play Episode Listen Later Mar 4, 2024 30:19


    In this episode of How to Grow Your eCommerce Business, Trevor talks to Matt Harrison from Next Net Media about the ensuring importance of link building for SEO and how to create a successful link building campaign in 2024. Topics include: What is link building? Is link building still important? How should people prioritise link building when doing SEO? Are there different types of links? What kinds of links should you avoid? How do you determine what type of link building you need to do? How is AI going to affect link-building? What steps do you take to create a link-building campaign? What has inspired you recently? --- Send in a voice message: https://podcasters.spotify.com/pod/show/ecommerce-odyssey-podcast/message

    How eCommerce Entrepreneurs can use AI to boost sales with Alex Back from Couch.com

    Play Episode Listen Later Feb 29, 2024 33:14


    Alex Back is a serial eCommerce entrepreneur. His latest venture, Couch.com is an online platform for matching customers with their perfect couches. In this podcast, Trevor from Vendlab talks to Alex about how he has been using AI to launch his new venture. He shares tips for how other entrepreneurs can leverage AI to save time and grow sales. Here are some of the things we talked about: What is AI? What is the difference between AI and machine learning? What AI help with in the eCommerce space? Can you give me some examples of AI helping retailers? How have you used AI to help build your business? Is AI going to put lots of people out of jobs? Is AI going to benefit smaller or larger retailers more? If AI is turning content into a commodity, how can retailers differentiate themselves?  How is it best to combine human and AI capabilities? What are the limits to AI – what is it not good at?  What has inspired you recently? Vendlab is an ecommerce agency specialising in launching multi-channel direct-to-consumer businesses. --- Send in a voice message: https://podcasters.spotify.com/pod/show/ecommerce-odyssey-podcast/message

    How Sena Sea Built their eCommerce Business

    Play Episode Listen Later Feb 21, 2024 25:45


    In this episode of the How to Grow Your eCommerce Business podcast, Trevor talks to Sena Wheeler from Sena Sea (https://www.senasea.com/) about how she built a successful business selling wild Alaskan fish. Here is what we talked about: How did you start your business? How do you deliver your fish? How do you differentiate your business? Do you also sell Wholesale? How do you promote your business? What channels do you use? Do you get a lot of repeat business? I hear you do a lot of your sales through email What are your plans for the future How to grow your eCommerce business is produced by Vendlab (www.vendlab.com) a direct to consumer eCommerce Agency. --- Send in a voice message: https://podcasters.spotify.com/pod/show/ecommerce-odyssey-podcast/message

    Getting a 360-Degree View of your Cross Channel Performance with Dan LeBlanc from Daasity

    Play Episode Listen Later Feb 12, 2024 34:05


    Dan LeBlanc is the founder of Daacity, a SaaS company which enables businesses to combine their data from different sales channel into a single, holistic view of performance. In this Episode, Trevor and Dan talk about the importance of accurate reporting in helping companies understand their business, customers and product performance. Things we discussed: What is the problem that you fix? How did you get into doing this? What are the problems that you face in doing this? Does the data go both ways How do you deal with minor channels When should a business graduate from a spreadsheet to using a tool How do you deal with commission costs. What about cross channel conversions? What problems can you not fix yet?? Are you using any AI technology yet. What has inspired you recently. Vendlab.com is an eCommerce agency specialising in launching and growing multi-channel direct to consumer businesses. --- Send in a voice message: https://podcasters.spotify.com/pod/show/ecommerce-odyssey-podcast/message

    Optimising your Ad Spend across Google, Facebook, TikTok and Other Channels with Anatoliy Labinskiy from GSM Growth

    Play Episode Listen Later Feb 5, 2024 33:39


    Trevor talks to Anatoliy Labinskiy from The GSM Growth Agency about how to allocate ad spend to get the best performance across multiple ad platforms including Facebook, Google and TikTok. Things we discuss: What do we mean by ad spend? Which channels do you recommend to merchants in order of priority? Why? How do you measure performance? ROI? How would you allocate the budget based on performance? How would you know it is working? As a rule of thumb, what percentage of sale value do you need to spend on ads? How do you troubleshoot? How long does this all take? Trevor Ginn runs www.vendlab.com, an ecommerce agency specialising in launching and growing D2C business. --- Send in a voice message: https://podcasters.spotify.com/pod/show/ecommerce-odyssey-podcast/message

    Trademarks with Anita Mar from Trademark Angel

    Play Episode Listen Later Jan 20, 2024 26:35


    Anita Mar is a trademark expert from Trademark Angel. In this episode we cover everything eCommerce businesses need to know about trademarks including: What are trademarks? What does a trademark allow you do to? What is the difference between trademarks, copyright and patents. what are the benefits of trademark registration? Can companies do it themselves of do they need you What kind of businesses do you work with Should I register my trademark name or logo? What is the process of registering a trademark – how long does it take? Are trademarks right for everyone – is there ever a time not to use it When can you use trademark symbols? How does the process of resisting a trademark work around the world How do trademarks work on Amazon And eBay What to do if someone infringes your trademark? What has inspired you recently? To find out more about trademark angels, visit www.trademarkangel.com --- Send in a voice message: https://podcasters.spotify.com/pod/show/ecommerce-odyssey-podcast/message

    Building a Multi-Million Dollar Own-Label Amazon Business and Maintaining Work Life Balance with Robb Green

    Play Episode Listen Later Jan 6, 2024 31:30


    Robb Green is an entrepreneur with many strings to his bow. Not only has he successfully launched 17 brands on Amazon, but he is also a successful podcaster (https://therobbgreenshow.com/). Robb has lots of great advice on launching and running a successful business. Here are some of the things we talk about: Robb's business journey. How he launched his first brand What he looks for in a brand His main channels? The role does data plays in marketing. How he manages his business? How he has maintained profitability through increased competition and reduced demand post covid What inspired him to set up a Podcast. His three best bits of 3 advice for entrepreneurs? What has inspired him recently --- Send in a voice message: https://podcasters.spotify.com/pod/show/ecommerce-odyssey-podcast/message

    How to Make Your Inventory Work For You with Ciara Stockeland

    Play Episode Listen Later Dec 16, 2023 20:17


    Ciara Stockeland is a profit strategist and self-styled 'Inventory Genius'. She helps business owners who sell physical inventory to create more profit and keep more cash. Ciara makes lots of sense! We discuss: Her business story Why does she focus on inventory? When talking to a business, what are the first thing she looks at Common solutions she gives her clients. Attributes of successful businesses        What are the top things that inventory businesses should do today? What inspired her recently? Check out her website for more details: https://www.ciarastockeland.com/ --- Send in a voice message: https://podcasters.spotify.com/pod/show/ecommerce-odyssey-podcast/message

    How to Manage your eCommerce Cashflow with Matt Putra from Eightx

    Play Episode Listen Later Dec 18, 2022 19:10


    Get our eCommerce book: https://vendlab.com/buy-our-how-to-grow-your-ecommerce-business-book/ In this week's podcast, Trevor talk to Matt Putra from Eightx about how to manage cashflows for eCommerce business. Questions we discuss: · What is cash flow? · What problems can people have? · How to avoid problems these problems · Tips for optimising cashflow · How can eCommerce businesses get funds to grow? · 2023 is going to be a shitshow – what advice do you have for businesses? · What do you do when you are not thinking about cash flow? --- Send in a voice message: https://podcasters.spotify.com/pod/show/ecommerce-odyssey-podcast/message

    How to Launch a successful DTC Brand with Matt Orlic from Inspired Brands

    Play Episode Listen Later Dec 11, 2022 20:24


    Matt Orlic is a successful Entrepreneur and sports enthusiast. He has launched 26 companies is 10 verticals. In this interview, Matt discusses with Trevor his formula for success! --- Send in a voice message: https://podcasters.spotify.com/pod/show/ecommerce-odyssey-podcast/message

    eCommerce Fulfilment with Harry Drajpunch from Amware

    Play Episode Listen Later Dec 5, 2022 27:11


    Buy my book, how to grow your eCommerce Business: https://vendlab.com/buy-our-how-to-grow-your-ecommerce-business-book/ In this week's show, Trevor talks to Harry Drajpunch from Amware (https://www.amwarelogistics.com/) about all thing eCommerce fulfilment. Topics we discuss include: What is a fulfilment house or 3PL – what services do they offer? What mistakes do people make with fulfilment? What kind of merchants does fulfilment work best for? What delivery do customers expect? How to combine a fulfilment house with marketplace fulfilment? What are the advantages of using a 3PL What are the disadvantages of using a 3PL What are the cost differences between using a 3PL and your own warehouse? How to differentiate between 3PLs How do you recommend reducing fulfilment costs? What are the latest innovations in fulfilment? --- Send in a voice message: https://podcasters.spotify.com/pod/show/ecommerce-odyssey-podcast/message

    How eCommerce Companies can Drive Sales using NFTs with Dimitri Nikolakakis from DimNiko Agency

    Play Episode Listen Later Nov 29, 2022 26:10


    In the latest podcast, Trevor talks to Dimitri Nikolakakis about how eCommerce companies can use NFTs to drive sales. We discuss: What are NFTs Are NFTs a fad? How can eCommerce businesses use NFTs Why would an eCommerce business want to do this? Can you give an example of successful NFT use What technology is needed to use NFTs for ecommerce businesses --- Send in a voice message: https://podcasters.spotify.com/pod/show/ecommerce-odyssey-podcast/message

    eCommerce Law with Paul Rafelson of Rafelson Law

    Play Episode Listen Later Nov 20, 2022 55:08


    Paul Rafelson Law from Rafelson Law is a specialist in eCommerce Law. In this interview, he gives his opinion on: Amazon suspensions Intellectual property disputes Product Compliance Ecommerce M&A Paul also runs a non-profit called the Online Sellers Guild which supports small businesses in their detailing with the tech giants. --- Send in a voice message: https://podcasters.spotify.com/pod/show/ecommerce-odyssey-podcast/message

    How to dominate you Amazon category with Will Haire from BellaVix

    Play Episode Listen Later Nov 13, 2022 24:29


    In this edition of the eCommerce Odyssey Podcast, Trevor talks to Will Haire from BellaVix about how to build your Amazon sales by dominating your category. We talk about: Using off-Amazon advertising to drive traffic to Amazon listings Amazon DSP Amazon marketing strategies --- Send in a voice message: https://podcasters.spotify.com/pod/show/ecommerce-odyssey-podcast/message

    How to Increase your eBay Sales with Nahar Geva from Zik Analytics

    Play Episode Listen Later Nov 6, 2022 30:13


    In this week's podcast, Trevor talked to Nahar Geva from Zik Analytics about how to Boost your eBay sales. Zik Analytics is a platform which helps sellers to research successful products to sell on eBay and other online platforms. Is eBay still worth selling on? Yes! eBay is the number two online marketplace with 180 users worldwide. Whilst eBay was originally a second-hand marketplace, most products are now sold at a fixed price. Furthermore, selling multi-channel diversifies your business and reduces risk. What can be sold on eBay? Almost everything can be sold on eBay. Growth categories include: Jewellery Clothing (Under

    Reducing Cart abandonment with Valon Xhafa from Behamics

    Play Episode Listen Later Oct 31, 2022 42:49


    Cart abandonment is a big problem with up to 70% of carts abandoned before a sale is completed. With traffic becoming more expensive, this is a growing issue for retailers. In this podcast, we talk to Valon Xhafa from Behamics about the major causes of abandonment and how to fix them. Common causes of cart abandonment There are two main causes of abandonment 1. Technical. The website does not function properly, e.g. payment failure, images do not load. This accounts for 30-40% of abandonment 2. Behavioural. The useability of the site impeeds the purchasing process For example, sites can cause users to make too many decisions and overwhelm the user. Common misconceptions about cart abandonment Users want to buy everything in their cart Adding to a cart is not necessarily an indication that the shopper is looking to buy. Many sellers use it as a wish list. Upselling is always good Too much upselling can suffocate users, leading to higher rates of abandonment. The merchant needs to know when to upsell and when to close the user. More options are not always better Having too many options (e.g. payment, product options) forces users to make decisions, suffocating the user. Fewer options mean faster decisions and potentially higher conversion rates. Fixing cart issues Monitor your site for errors Using a tool like Google Analytics, monitor the performance of your site and identify the points at which your site fails. Make it simple, stupid! Simplify the purchase process as much as possible. Valon's Behamicsolution provides a solution for predicting the options which will most appeal to each user Focus on site speed You only have a brief window to make an impression on your user. Benchmark and work to improve your site speed. For example, faster images are one of the biggest reasons why buyers leave a site without buying. --- Send in a voice message: https://podcasters.spotify.com/pod/show/ecommerce-odyssey-podcast/message

    Improving Shopify conversion rates with Shaun Brandt from Oddit

    Play Episode Listen Later Oct 23, 2022 31:29


    Shaun Brandt from oddit.co is an expert in website conversion. Trevor talked to him about how to boost the conversion rate by removing barriers to the online purchasing experience Problem with Shopify templates As themes are easy to install on Shopify, there is a tendency to think that the themes are optimised for conversion. Many themes are aesthetically pleasing at the expense of the user experience. Choosing a Shopify template Using a template which advertises itself as having a high conversion rate is an excellent place to start when choosing a template. Whilst themes do go through a vetting programme to be accepted in the Shopify store, this does not include usability testing other than passing some basic tests. Speeding up your site Site speed is a vital factor in conversion rate. Factors which slow the site down include: Images which are not web optimised Unused JavaScript from uninstalled apps. Front-end apps, e.g. reviews, sliders etc Benchmarking site performance Your conversion rate will depend on your traffic source and add strategy. For example, if you get your traffic mainly from SEO or social or paid search, you will have very different conversion rates The best way to benchmark your site's performance is to stop looking at the site yourself and do some user testing. Set users tasks on the site, e.g. add a product to basket and look at where they are struggling. If you have a limited budget, there is no need to get people from your target audience, just people with no site experience. Solving usability issues Shaun recommends the following process for solving issues with the site Perform usability testing Make a prioritised list of issues with the site as identified in your testing Use A/B testing to try out different versions of the target page(s) and identify solutions Make change incrementally and do not make too many changes simultaneously (the fewer, the better). If you make too many changes at once, you will not know what caused any changes. Low hanging useability fruit · Site speed. There are a lot of simple things which can be done to improve speed quickly, e.g. optimising images · Copywriting. Create clear copy. Cut the fluff! Tell the user what you make, not the problem you solve · Calls to action. Make these clear and descriptive · Don't overwhelm the user. Don't give them too many options. --- Send in a voice message: https://podcasters.spotify.com/pod/show/ecommerce-odyssey-podcast/message

    The State of the Amazon Marketplace with Ryan Flannagan of Nuanced Media

    Play Episode Listen Later Oct 16, 2022 33:33


    In this episode of the eCommerce Odyssey podcast, Trevor talks to Ryan Flannagan of Nuanced Media about the status of the Amazon Marketplace in 2022. They discuss: Growing in a maturing market How brand keep a competitive edge on Amazon Importance of reviews Grow strategies for advertising on Amazon Getting product retail ready Measuring performance ACoS or TACoS? Nuanced Media has written a 2022 Amazon strategy guide which is available from their website – well worth a read! --- Send in a voice message: https://podcasters.spotify.com/pod/show/ecommerce-odyssey-podcast/message

    How to Maximise Google Ads Performance

    Play Episode Listen Later Oct 2, 2022 25:45


    In this week's podcast, Trevor talks to John Horn from The Stub Group about how to Maximise your Google ads performance. Google has been increasing the automation of its ads programmes, recently introducing the highly automated Performance Max format. What is Performance Max Performance Max campaigns use machine learning to try and achieve a retailer's goals. They are highly automated and do not require the advertiser to specify any targets. To create a PM campaign, a retailer must specify Product feed Performance goals Audience signals Ad creative Google takes this info and finds customers for your business within your target. Benefits to retailers PM campaign is a massive time saver; in John's experience, they outperform standard shopping campaigns. In my experience (Trevor), whilst it is possible to beat automation in the short term, in the long term, performance is steadier. Optimising Performance max Optimise product feed The data you submit to PM is your biggest lever when optimising performance. Areas to optimise: Images Title Attributes Video content Assets Creating attractive and relevant ad assets will help Google understand your products and promote them more effectively to potential customers. Audience signals With privacy becoming a more significant issue online, companies like Apple have stopped shaving customer data with advertisers. To help Google learn faster, submit audience data to Google, e.g. customer emails. In my experience (Trevor), adding audience data makes a massive difference to performance. Performance Targets Carefully choose your performance target. The most aggressive a target, the harder Google will find it to find customers at that price. Joihn talked to Trevor Ginn from vendlab.com, an eCommerce agency specialising in online marketplaces and e-commerce sales platforms. --- Send in a voice message: https://podcasters.spotify.com/pod/show/ecommerce-odyssey-podcast/message

    7-Figure Q4 & Black Friday Email Formula with Renis Krumins

    Play Episode Listen Later Sep 27, 2022 39:13


    In this week's podcast, Trevor talks to Reinis Krumins from email marketing Agency agencyjr.com about how to kick it out of the park with email sales this Q4. 4 Phase Q4 Email plan Reinis recommends a four-phrase approach to email this Q4 Re-engaging the email list. Warming up the email list. Early sign up and commitment phase Black Friday! Re-engaging the email list In any email list, there will be inactive users who have not interacted with an email recently. Send these customers text-based, personalised emails to get these users to re-engage with your business. This email should be a 'personal' email from the founder or give some helpful information about a product. Warming up the email list There are two parts to this Relationship warm-up Technical warm-up The relationship email focuses on building the brand in the customer's emails. For example, it could be about charitable work the brand is doing. Alternatively, use value-based emails which highlight products in a non-sales way, e.g. top 3 tips on using product XX The second side of the warm-up is the technical warm-up which ensures deliverability. Add a custom sending domain (if you have not already done so) to your email software. I.e. emails will come from XXX.com, not from the email software's domain. Email from shared domains can have delivery issues as some senders will be spamming people. By using your own domain, you avoid this issue. Early sign-up and commitment phase To build your list, create a special page on your site so that customers can sign up to get early access to offers. Send this to your email list. To build this list, you use paid advertising and retargeting These users get first access to Black Friday deals. Black Friday From 19-20th Nov, customers who signed up for early access get emailed. From 20-21st Nov, send 2 emails every day. It is essential to be aggressive around Black Friday as customers are getting lots of emails. If you send only a few emails, your messages will not be seen. --- Send in a voice message: https://podcasters.spotify.com/pod/show/ecommerce-odyssey-podcast/message

    Launching a Subscription Program with Matt Holman from QPilot

    Play Episode Listen Later Sep 21, 2022 27:13


    In this week's podcast, we talked to Matthew Holman from Qpilot about how to run a successful Subscription scheme. What is an eCommerce subscription Subscriptions are a part of eCommerce, which is experiencing strong growth. A four or five-fold increase is expected over the next few years. There are two main types of eCommerce subscription Membership subscription, i.e. giving discounts and deals, e.g. Amazon Prime Automatic repeat purchases of physical goods, e.g. monthly subscription box Many subscription services have been launched recently, and some commentators have suggested that subscription fatigue is setting in. However, if you can get it right, a subscription service will generate recurring revenue and help form a close relationship with your customers. What kinds of products do subscriptions work best for? Subscriptions are typically used for consumables, i.e. things which are used regularly e.g. Fresh food Food supplements Dog food Health and beauty products These items are things which are used on a daily or regular basis and the customer is shopping for frequently. Getting products on a subscription saves the customer time. Steps to launch a subscription business Step 1. Understand your customer To launch a successful subscription business, you need to understand your consumer and consider whether there are products they are currently getting elsewhere. Think about how you can add value to the consumer. Are there certain products which customers buy regularly? Are there products that would complement your current range that could be sold on a subscription basis? For example, could you start a pet food subscription offer if you sell pet accessories? Why should the consumer buy from you? Step 2. Iron out your offer Details to consider are: What frequencies will you offer? E.g. Weekly, monthly, quarterly Selection options. Is it a fixed offer, or can the customer selection options Step 2. Choose a platform You will need a platform to run your subscription service. There are 30+ apps on Shopify (of which Qpilot is one option). Compare the app's functionality against your proposed subscription offering and choose the one that bests fits your requirements. How to promote a subscription service Your offer should have a dedicated page on your site highlighting the features and benefits of your subscription scheme. Include: Subscription contents, i.e. what you get Subscription benefits. Why this helps the customer and the value it provides Highlight benefits such as environmental impact Subscription conditions. How will payment be taken, and how can the subscription be cancelled To promote your subscription scheme, start by promoting the scheme to customers who are already frequently buying from your site. Qpilot recommends giving a discount of no more than 10%. Pricing too low will leave less room for discounting in future. For example, You might want to run a sales event over a holiday weekend to drive additional sales Improving performance Understand your customers Subscriptions can be very profitable as customers buy for several months before cancelling. Ask customers why they sign up and leave the programme to improve performance. By understanding why people leave, you can change your programme to improve performance. Reducing churn There are two types of churn Passive churn. Customers forget to update their payment details so the subscription expires Active churn. Customers elect to leave the programme To reduce churn, ask customers why they leave the programme. For example, they m --- Send in a voice message: https://podcasters.spotify.com/pod/show/ecommerce-odyssey-podcast/message

    Creating Great Organic and Paid TikTok Content with Lauren Schwartz from Loft 325

    Play Episode Listen Later Sep 11, 2022 24:18


    In this week's eCommerce Odyssey Podcast, Trevor talks to Lauren Schwartz for The loft 325 about how to create compelling organic and paid content on TikTok. What is Tiktok Tiktok is an engagement platform where people go to be entertained. Posts consist of short videos (mostly less than 15 seconds) on any topic, which are consumed at a fast rate. Engaging with videos When strolling through a TikTok feed, users can click on a video to interact with it. You can like videos and also view the user's profile to see their other posts. On the post can be a link to their website. Organic and paid content Like other social media channels, TikTok has the option to post organic (unpaid) and paid content (ads). Ads appear in the feed and link to the advertiser's content using calls to action such as 'Shop Now' or 'Learn More'. Organic Tiktok When creating organic TikTok content, look at what is trending on the TikTok app. These can be trending: Sounds Topics Hashtags Think about how you can integrate these trends with your posts, e.g. by adding the latest hashtags to your description (e.g. #tiktokmademebuyit). Look at how people are people are talking about products and how they are talking to consumers. By utilising the latest trends, you will begin to understand what people want to see from your content. If you are successful, your content will appear more on the 'For you' page. Success on organic TikTok is measured by engagement. These include: Likes Impressions Comments Both organic content and ads should have a hook, i.e. something interesting to get people to stop and watch the content for more than 3 seconds. Text on the screen makes people stop and read. Creating Ads on content When creating ads, create content around the trends. Paid content on TikTok should look exactly like organic posts (look 'native'). Look at the styling of other successful posts and emulate this in your content. High production value ads are not necessary as they will not look organic. 2 or 3% is a good click-through rate for an ad. $30 is a good CPA. Ads are usually charged on a CPC basis. --- Send in a voice message: https://podcasters.spotify.com/pod/show/ecommerce-odyssey-podcast/message

    Creating a Single Source of Truth for your eCommerce Store with Maximilian from Get Klar

    Play Episode Listen Later Sep 4, 2022 29:18


    In this video Trevor Talks to Maximilian Rast from Klar about how to measure performance across your eCommerce business. Businesses sell through many channels and drive traffic across numerous different advertising platforms and campaigns. By combining this data, you can get a more accurate picture of performance, enabling better decision-making. Klar is a system which centralises all your data in one place - check it out at www.getklar.com. --- Send in a voice message: https://podcasters.spotify.com/pod/show/ecommerce-odyssey-podcast/message

    Dropshipping with Jon Warren from Dropship Breakthru

    Play Episode Listen Later Aug 14, 2022 35:10


    Jon Warren is an eCommerce entrepreneur and Coach who specialises in high ticket dropshipping. Jon teaches dropshipping at Dropship Breakthru. Dropshipping is an attractive business model as you do not have to pay any money upfront. Jon makes a good case for launching a dropshipping business, but I have had bad experiences with dropshipping for the reasons I outline below. Jon's take on dropshipping is that the only way to do it is to focus on high-ticket items. This gets round the problem of low margins, as a low margin on a high ticket item can be a high dollar amount. That said, you will still have all the other issues I outline below. Some of these will be multiplied, as accepting the return of a high ticket item can be difficult and costly. What is Dropshipping Drop shipping where the seller accepts customer orders but does not keep goods sold in stock. Instead, they pass the order details to either the manufacturer, a wholesaler, or another retailer, which then ships the goods directly to the customer. Dropshipping pros Dropshipping seems like a good idea, and many people promote it as a get-rich-quick scheme. It has many advantages on the face of it No upfront costs. You pay for products as you sell them No overheads. No need for a warehouse for pesky things like warehouses or staff Access to an extensive catalogue. You do not have to worry about sourcing products, just publish the drop shippers catalogue and you have a ready-made business No work! No need to worry about troublesome things like packing Dropshipping Cons There is no such thing as a free lunch. In my experience, dropshipping is more trouble than it is worth: Competitive. Dropshipping products are available to a lot of sellers and so are competitive and low margin Limited control. As a dropshipper, you surrender control of the delivery process to your supplier. Poor consumer experience. In my experience, dropshipping is often a poor customer experience. Slow, difficult to arrange, bad communication. Long delivery times. If you are getting products delivered from overseas, delivery can take weeks. This is not a good customer experience Returns build-up. As the retailer, you will normally need to accept any returns yourself. These will quickly build up Dropshipping I have tried I've tried dropshipping in various ways, failing to take off. Books In the UK, there is a huge book wholesaler called Gardeners books. They offer a straight-through processing service which we integrated with our eCommerce system. This meant that orders would automatically be fulfilled. We set this up and waited for sales to roll in. Bingo! Unfortunately, this failed for several reasons: It was hard to calculate the shipping cost of each book so hear to know what to charge Low sales. Amazon was always cheaper We wanted to implement a long tail strategy, i.e. list 500K books on eBay, but eBay would only let us list 25K at one time Furniture Furniture is a massive pain! It is heavy and prone to breaking, so perfect for dropshipping. However: Dropshipped furniture is widely available, so very competitive Hard to get stock updates from suppliers, so I frequently had to let customers down Buy to order Stock is a pain, so I thought we would try buying stock to order. I found a supplier who could provide a stock update feed. I fed the stock levels into our system, thinking this would mean that we would never oversell and put the lead time to 3 days, thinking this would work if orders were delivered the next day. Brilliant? In my experience, suppliers do not have good stock levels and frequently deliver late. Platforms such as Amazon performance standards and if your supplier cannot meet these, the whole system fails. For example, if the max order defect rate on Amazon is 1% and your supplier can only deliver right 98.5% of the time, this will cause problems for your account. --- Send in a voice message: https://podcasters.spotify.com/pod/show/ecommerce-odyssey-podcast/message

    5 Key eCommerce Metrics with Ben McAdam from Profits Collective: Revenue, Margins, Marketing, Owner Pay & Profit

    Play Episode Listen Later Aug 7, 2022 27:39


    Ben McAdam is a founder of Profits Collective, a Profit Coach and Virtual CEO. In this podcast, we talk about the five key metrics on which every eCommerce business should focus. Revenue Revenue is your income from sales. If you do not have revenue, you do not have a business! A healthy company should have a growing revenue. Break up your revenue into categories or products to understand what drives it. You do not want to run out of the products which are vital revenue drivers Margins Margin is the difference between what the customer pays and the cost to the merchant. If you do not get the ratio between what an item costs and what you can sell it for right, you will not be profitable, no matter how high your revenue. You cannot outsell a margin problem. With low margins, you will not have enough profit to grow the business or pay yourself. A sale price of 3 to 5 times your cost price is healthy. If your multiple is only two times the cost, business owners tend to burn out when your turnover hits six figures. Marketing Are you spending enough on marketing? If you spend to little, you will not sell enough, too much and you could have got a better return. Spending 5 to 15% of your revenue is a healthy amount. Owner Pay Owners should make sure they pay themselves so you can live. It is a balance as you do not want to starve the business of funds. You have to be able to pay yourself a market rate for the tasks you will want to delegate later. You will be stuck doing these tasks if your business cannot afford to pay the market rate. Making sure you can afford to pay someone else to do your job is a good indicator that your margins are OK. Profit Unless your business is profitable, you will not be able to do important things like pay down debt, pay yourself and attract investors. Ben talked to Trevor Ginn from vendlab.com, an eCommerce agency specialising in online marketplaces and e-commerce sales platforms. --- Send in a voice message: https://podcasters.spotify.com/pod/show/ecommerce-odyssey-podcast/message

    Understanding Site Speed and Core Web Vitals with Shawn O'Neil from Speed Sense

    Play Episode Listen Later Jul 24, 2022 42:37


    Shawn O'Neil from Speed Sense is an expert on website speed. In this podcast, we discuss how you know if you have a website speed issue and how to build an engaging website experience Why is site speed important? Website speed is important for three reasons: Conversion rate. Faster sites give a better user experience leading to lower bounce rates and higher conversion rates SEO. Site speed is a ranking factor for Google natural search and is measured by their core web vitals metrics Return on ad spend. Sites which convert better will give a higher return on ad spend. How do you know if you have a site speed problem? You can identify if you have a site speed issue by scanning your site using the popular site speed using a tool such as Google page speed. This will give two categories of metrics Real user metrics (RUM). How users are experiencing your site Synthetic. An estimated speed metric The metrics given on the Google page speed tool will give benchmark for the site speed. If the major pages on the site pass core web vitals then that is the minimum benchmark for judging your site speed is acceptable. Another good measure is to compare your site to your competitors. What are Core Web Vitals Google has chosen the metrics in the core website vitals as they are a good proxy for user experience. They fall into three groups: Is the page loading Is the page responding quickly Is the visual presentation stable Whether you will pass core web vitals will depend on (amongst other things) our technology stack (e.g. Shopify, Magento) and the number of applications which are loaded with the page. A common problem is below the page functionality e.g. tracking is slowing down the site. Choosing a fast theme Though it is an imperfect measure, when you are choosing a new theme, test it using Google page speed. This is imperfect as the theme demo will not have any user metrics. Top tips for building a fast engaging experience Priorities things that are the primary purpose of that page. For example, on a product page, this will be the product details. This data should load before services like reviews, social sharing etc. Preload your largest contentful paint (LCP) image. Third-party tags in tag manager should be loaded after the main page content. Image size. Compress your images properly. Max 300kb/image. --- Send in a voice message: https://podcasters.spotify.com/pod/show/ecommerce-odyssey-podcast/message

    How to Improve Referral Program Performance with Jay Gibb from CloudSponge

    Play Episode Listen Later Jul 17, 2022 23:33


    In a follow-up to our previous podcast on how to set up referral programmes, Trevor talked to Jay Gibb from CloudSponge about how to improve the performance of referral programmes. What is an eCommerce referral scheme? If your service is good, word-of-mouth marketing will already be happening for your store. A referral scheme encourages this behaviour by incentivising your customer to sell your brand to their friends. An existing customer will click on a link, send a referral code to their friends, and receive something, e.g. discount on a future purchase, a gift or a payment. What are the reasons why referral schemes perform badly Referral programmes fail to take off for a number of reasons. Not publicising the programme enough. If you do not tell your customers about your referral programme, they won't sign up! Common mistakes include: Requiring a login to participate Hiding deep in your menu structure Not including it in receipts and invoices Not including info in footer and header Not using double-sided rewards Whilst some people want to get a reward for making a referral, others value being the hero that sent an offer to their friends. Doubled-sided referral programmes cater for both customer types. Making people type in email addresses If you make users type in email addresses, they will get bored quickly. Users only have so much patience to enter a comma-separated list of emails, especially on a mobile device. Using a solution like Jay's company Cloudsponge, customers can import contacts directly from their email solution, e.g. Gmail. They can sign in directly to their email account and easily add multiple contacts. Cloudsponge has found by using this solution, referral schemes can double or triple referrals. --- Send in a voice message: https://podcasters.spotify.com/pod/show/ecommerce-odyssey-podcast/message

    Grow your sales by word-of-mouth marketing with Raul Galera from Referral Candy

    Play Episode Listen Later Jul 12, 2022 29:54


    Grow your sales by word-of-mouth marketing with Raul Galera from Referral Candy In this week's podcast, Trevor talks to Raul Galera about how to set up a successful online referral scheme. What is an eCommerce referral scheme? If your service is good, word-of-mouth marketing will already be happening for your store. A referral scheme encourages this behaviour by incentivising your customer to sell your brand to their friends. An existing customer will click on a link, send a referral code to their friends, and receive something, e.g. discount on a future purchase, a gift or a payment. How do eCommerce referral schemes work? Raul recommends the following steps to launch a successful referral scheme: Invite past customers Create automation to invite customers automatically after purchase. This could be a popup or an email Make your programme public. Advertise it on your site by displaying it prominently and creating a sign-up form What is the difference between affiliate marketing and referral marketing? There are two main difference between affiliate and referral marketing Relationships. In an affiliate programme, publishers will have a large audience to which they promote affiliates. This is a one-to-many relationship where the publisher does not know the person to which they are promoting. Referrals happen with a close circle, e.g. friends and family. Being more personal, these recommendations have a lot more power. Rewards. Affiliate programmes typically give most of the reward to the referral. The buyer may not get a discount. Referral programmes typically give a similar reward to both parties. What makes a good referral scheme? The best referral schemes reward both the referrer and the new customers. This incentivises the referrer to work hard on your behalf and the new customer to buy. What kind of verticals does referral marketing work best for? Referral schemes work well across many verticals but work especially well for direct-to-consumer brands as they are trying to build a community. Also, products which have a sharable component, e.g. fashion, technology. How to run a referral scheme? The steps to run a referral scheme are: Platform. You will need a platform to track referral sales, e.g. Referral Candy Design referral structure. Look at customer behaviour and think about what will incentivise them. Promotion plan. Think about how you are going to promote your plan. Just telling people once is not enough. You need to be reminding your customers regularly. Build a community around your customer base. In the long run, this will be hugely beneficial to your brand. How to measure success? Referral Candy uses a metric (referral rate) which is the ratio of referral order to the total number of sales. A good referral scheme should generate at least 2% of a company's revenue, with some companies generating 10% or even 33%. --- Send in a voice message: https://podcasters.spotify.com/pod/show/ecommerce-odyssey-podcast/message

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