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E012: How to Win BFCM/Q4 in eCommerce | Paid Ads, Creative, Offer Structuring, Email Marketing, Collaborative Commerce & More | Nick Shackleford, Chase Dimond, Dara Denney, Daniel Okon

Sep 7, 2023
56:17

Podcast summary created with Snipd AI

Quick takeaways

  • Collaborative commerce can increase average order value, acquire new customers, and create recurring revenue.
  • During Q4, focus on educational and authentic content to engage and retain customers.

Deep dives

Collaborative Commerce: Enhancing Revenue Without Inventory Constraints

Collaborative commerce, or cross-store selling, is a strategy that allows brands to partner with other brands and create a marketplace of products. This approach offers several benefits, including the opportunity to increase average order value (AOV), acquire new customers, and create recurring revenue. An example of collaborative commerce is the BlendJet marketplace, where BlendJet has partnered with brands like Tenzo, Oatly, and Soylent to sell their products together. Both the supplier and the retailer benefit from increased brand awareness, customer acquisition, and higher AOV. Collaborative commerce can be a valuable strategy for brands to consider in Q4 and beyond to maximize revenue without the constraints of inventory limitations.

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