It's always interesting to watch brands that never had sales ou like, fuck, we need a boost of revenue, and so we're going to discount our products. Tuft and needle used to have this referal programme where they would give you 50 dollars if you referred them for a mattress. And then they got bought by a private equity firm who started offering discounts every day. That was casper's business model too. You shouldn't get you shouldn't pay a different price. Elo more vivinecity firms like, we need money ad we're dis off your brand. It's changed so much.
What happens when you’re threatened with a cease and desist letter? Nik and Moiz share some spicy stories, plus what no-one’s talking about in e-commerce. Let’s go.
Nik and Moiz are ready to get straight into it this week talking about repeat purchase rates, how to geofence a truck for retargeting on Facebook, and why Truff was the sauce Machine Gun Kelly didn’t know he needed.
And if you’re looking to create an app for your brand, you need Tapcart. Using a drag and drop builder makes it super easy and you can be up running in days, rather than weeks. You’ll start seeing crazy high conversion rates and a push notification CTR that’s 7 X higher than email. Check out www.tapcart.com today.
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Follow Nik:
Twitter: twitter.com/mrsharma
Follow Moiz:
Twitter: twitter.com/moizali
Timestamps:
- Intro: 0:00
- What Companies Get Wrong About Repeat Purchase Rates: 3:33
- Growth and Marketing Spend: 6:17
- Getting Your P&L House in Order: 14:41
- Hyper Tactical Retargeting: 24:45
- Crushing It With Culture: 31:03
- The Cease And Desist Story: 33:34
- To Discount or Not? 38:55
- What Coupon Code? 41:37
- The Shout Out: 48:37
Nik and Moiz are Workweek friends, working together to produce amazing podcasts. Find out more, visit: www.workweek.com