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Growing Ecommerce – The Retail Growth Podcast
Feed your growth mindset. Ecommerce is growing, and so are the challenges and opportunities for online retailers. In the Growing Ecommerce podcast, Mike Ryan and other smec experts are joined by industry leaders in ecommerce, digital marketing, and data science. By sharing business trends, practical solutions, and best practices, this podcast helps online retailers solve the challenges of tomorrow.
Growing Ecommerce – The Retail Growth Podcast
Forecasting for Ecommerce: Guide to profitability
Welcome to Episode 6. of Growing Ecommerce. Today Mike is joined by Sam Tomlinson, of Warshawski, a boutique marketing agency in the US. Sam is also teaching at Johns Hopkins, University and Georgetown. Mike caught him while he was attending SMX Munich and discussed the conference briefly before diving into Sam's views on forecasting and emphasizes that forecasting is not out of reach. Then, we switch gears and we discuss the intersection of large language models and search. It's not a new topic to this podcast, but here is a new perspective, Sam explains where he's not quite as convinced
- The importance of forecasting, and its types - 8:53
- Cohort base and Bayesian regression. - 16:20
- How to determine forecast type? - 26:30
- What is good growth to you? - 29:34
- AI in marketing. - 25:37