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eCom Insights: E-commerce and Marketplace Trends
Welcome to eCom Insights: E-Commerce & Marketplace Trends, the podcast where Matt Anderson and Rael Cline, industry experts from Optimizon, deep dive into the dynamic world of e-commerce. Join these seasoned professionals as they share invaluable insights, trends, and strategies to help e-commerce managers and sales leaders thrive in the competitive online marketplace.
In each episode Matt and Rael engage in candid conversations with best-selling brands and leading industry partners to cover everything from the latest e-commerce technologies and data insights to advertising strategies and marketplace optimisations.
Hosted by Matt Anderson, Chief Strategy Officer at Optimizon, and Rael Cline, Chief Product Officer at Optimizon and Founder of Nozzle, this podcast is your go-to resource for staying ahead in the fast-paced world of online selling. Whether you're a medium-sized brand aiming to optimise your sales or an enterprise looking to expand into new territories, eCom Insights has got you covered.
Discover the keys to unlocking your brand's full potential on major marketplaces like Amazon, eBay, Walmart, TikTok Shop, B&Q, and more. Each one-hour episode is packed with actionable advice and real-world examples, making it a must-listen for e-commerce enthusiasts and professionals.
Tune in monthly and join the conversation. Your journey to e-commerce excellence starts here with eCom Insights: E-Commerce & Marketplace Trends. Thrive online with the latest strategies and trends that truly make a difference.
eCom Insights: E-commerce and Marketplace Trends
Welcome to eCom Insights with the LTV King and Marketplace Mastermind
In this episode, Matt Anderson and Rael Cline discuss their backgrounds in e-commerce and introduce their companies, Optimizon and Nozzle. They explore the value of customer lifetime value (LTV) and how it can inform strategy for events like Prime Day and Black Friday. They also discuss the struggles that clients face in e-commerce, such as margin pressure and the constant asks from vendor managers. Matt shares his recommendations for focusing on profitable products and driving organic growth. They emphasise the importance of granular analysis and understanding the customer journey. In this conversation, Matt Anderson and Rael discuss various topics related to advertising and marketing on Amazon. They touch on ad spend optimisation, experiments and budgets, the importance of mobile-ready hero images, the rise of marketplaces, the Amazon Marketing Cloud, and the overlap between DTC and Amazon. The perfect introduction to each aspect of the marketplace journey before taking a deeper dive into each every episode.
Key Takeaways
- Understanding customer lifetime value (LTV) is crucial for building a successful brand on Amazon.
- Prime Day and Black Friday can be complicated for brands, as they often result in higher costs and lower-quality customers.
- The right balance between new customer acquisition and retention depends on the brand's growth goals and profitability.
- Focusing on profitable products and driving organic growth is key to long-term success in e-commerce.
- Granular analysis and understanding the customer journey are essential for making informed strategic decisions. Optimising ad spend on Amazon involves experimenting with different strategies and channels to increase margins.
- Mobile-ready hero images are crucial for grabbing attention and increasing click-through rates on the digital shelf.
- Marketplaces like Tesco and B&Q are expanding their digital shelves, providing opportunities for brands to reach a wider audience.
- The Amazon Marketing Cloud offers privacy-first insights and allows for data sharing and analysis across multiple parties.
- The overlap between DTC and Amazon is often smaller than expected, and understanding this overlap can help adjust customer acquisition costs and lifetime value calculations.
Gain access to exclusive reports at www.optimizon.co.uk
Find more information about the podcast and eCom Insights event at www.ecominsights.co.uk
Matt Anderson LinkedIn: https://www.linkedin.com/in/mattandersonoptimized/
Rael Cline LinkedIn: https://www.linkedin.com/in/raelcline/
