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To win this Black Friday, you need to understand what went well last year, and what needs to improve. In this episode, we take a break from our regular content and revisit our post-Black Friday recap from 2021. “We’ll tell you how it went for each of our brands, and the lessons we learned.”
What kind of business wins despite the volatility that surrounds them? In this episode, Taylor and Richard discuss Taylor and 4x400’s decision to sell skincare brand Bambu Earth, and the macroeconomic factors that caused the deal to fall through. “There are deeper business-level things that you need to be focusing on as an ecommerce business in order to weather the storm — it's not all about marketing.”
Show Notes:
- Unlock growth for your business with Wayflyer: http://bit.ly/3tzufSF
- Find out what makes a business antifragile: http://bit.ly/3EgqPZM
With just 3 weeks until Black Friday, now is not the time to pull back. In this episode, Taylor and Richard debunk common arguments for pulling back spend ahead of Black Friday. “We are here to affirm your commitment of making the most out of this moment, because it’s necessary.”
Show Notes:
Get a $200 credit with Insense when you book by Nov. 18, 2022: https://bit.ly/CTCxInsenseNovember
The solution to $50M+ growth might not be what you think it is. In this episode, Richard and Taylor talk about Part 1 of the Ecommerce Enterprise Scaling Guide, which focuses on building a hierarchy of metrics to provide context around your business targets. “Once you hit the $50M mark, the things you’ve been doing stop working, and yet, there’s still going to be pressure on you to run the business at a profitable margin. So what do you do?”
Show Notes:
How customer-centric are you? In this episode, Richard and Taylor propose an interesting solution to the acquisition problem, and it has almost nothing to do with the quality of your Facebook ads. “If we accept that the cost to acquire the next customer has a certain gravitational element to it — meaning the cost to acquire a customer always will rise — then how do we win this game?”
Show Notes:
Get a $200 credit from Insense, the UGC creator marketplace: https://bit.ly/3THck7S
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