Mastering eCommerce Marketing 130. Retail Media and Marketplaces with Matt Krueger
Welcome to another episode of Mastering E-commerce Marketing, hosted by Eitan Koter. Today, Eitan is sitting down with Matt Krueger, Vice President of Digital Commerce at East Point Sports. Matt has a background that blends his love for sports with a deep experience in e-commerce, making for a really interesting conversation about where digital commerce is heading, especially in the sporting goods space.
In this episode, Matt shares what it's like balancing both online and offline retail strategies, and the ways East Point Sports is working across multi-channel and brick-and-mortar environments. He talks about how adapting quickly is crucial for staying ahead in the ever-changing e-commerce world. Matt also gives us a peek into how he approaches building cross-functional teams, making sure everyone from marketing to customer service is on the same page to create a seamless customer experience.
Matt also touches on the importance of combining creative strategies with solid operational efficiency. He shares his thoughts on navigating retail media, diversifying channels, and how to make smart decisions that align with both business goals and team capacity. And if you’re wondering about the role of AI in e-commerce, Matt talks about where he’s seen it help, especially in analytics and creative processes, but he also keeps it real about its limitations.
So whether you're in the e-commerce field, interested in retail trends, or just curious about what makes a good business strategy in a changing market, there’s plenty in this conversation that you'll enjoy. Let's jump in.
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Guest: Matt Krueger, Vice President of Digital Commerce at EastPoint Sports
LinkedIn: https://www.linkedin.com/in/kruegermatthew/
EastPoint Sports: https://www.eastpointsports.com/
Watch the full Youtube video here:
https://youtu.be/nQqblIlVW4s
Takeaways:
- Matt's passion for sports and business fuels his e-commerce career.
- Adapting to change is crucial in the dynamic e-commerce landscape.
- Collaboration among teams enhances operational efficiency.
- Retail media is a growing opportunity for e-commerce growth.
- Diversification in channels and products is essential.
- Testing and learning are key to finding successful strategies.
- AI can significantly speed up data analysis processes.
- Resource allocation should be strategic and thoughtful.
- The digital shelf is becoming increasingly complex.
- Understanding consumer behavior is vital for e-commerce success.
Chapters:
00:00 Introduction to E-commerce Passion
03:11 Adapting to Change in E-commerce
05:32 Fostering Cross-Functional Collaboration
07:43 Opportunities for Growth in E-commerce
10:54 Strategic Decision-Making in Multi-Channel Marketing
14:30 The Importance of Experimentation
17:25 The Evolution of Marketplaces
21:04 Leveraging AI in E-commerce
23:25 Learning from Past Challenges
25:42 Impact of Digital Shelf Strategy
27:58 Public Speaking Topics and Insights
30:23 SKU Analysis and Operational Efficiency
32:41 Personal Insights and Inspirations