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eComFuel

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Jul 15, 2022 • 40min

2022 Trends Report Takeaways

It’s been a wild few years in eCommerce, so I was super excited to sit down and go over the results of our fourth-ever eCommerce Trends Report for 2022. The results were eye-opening, and there were some pretty interesting takeaways about what is working in eCommerce, what’s not working, what trends are emerging, and what the general lay of the eCommerce land looks like. In this episode, I’m going over four of the most surprising takeaways, including the best model when it comes to having a strong competitive advantage, pricing tactics that almost always work, and why ROAS is less important than we think. I also discuss something that we saw for the first time ever with Amazon and how really effective branding and marketing played out in the numbers. You can find show notes and more information by clicking here: https://bit.ly/3uyQCbX Interested in our Private Community for 7-Figure Store Owners?  Learn more here.   Want to hear about new episodes and eCommerce news round-ups?  Subscribe via email.
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Jul 8, 2022 • 45min

Trends in Global Logistics, Warehousing and Fulfillment

A lot has happened in the last 24 months when it comes to shipping and logistics due to the pandemic, and you might be wondering what the immediate future holds. Here to give us his take is Dhruv Saxena, Co-Founder and CEO of ShipBob.com, one of the largest global 3PL providers that is trusted by over 7,000 brands and fulfills orders all around the world. We’re deep-diving into all things logistics, warehousing, and international shipping as Dhruv shares his perspective on the status of international logistics and what you can expect if you’re trying to move goods from one point to another. We’re also talking about the biggest changes he’s seen on the fulfillment side, where popular freight carriers stand after COVID, and what the availability of warehouse space looks like across the U.S. You'll learn some of the best and worst logistics stories Dhruv has ever heard and get the low-down on the demand for same-day shipping for anyone whose name is not “Amazon.” You can find show notes and more information by clicking here: https://bit.ly/3OVLUx4 Interested in our Private Community for 7-Figure Store Owners?  Learn more here.   Want to hear about new episodes and eCommerce news round-ups?  Subscribe via email.
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Jul 1, 2022 • 45min

How Remote Hiring Has Changed Post-COVID

There’s no doubt that one of the areas that COVID impacted the most was in the way we work, and specifically, in how the pandemic pushed remote work into the mainstream. Dan Andrews is the Co-Founder of Tropical MBA and Dynamite Jobs, and he’s been beating the remote work drum for over a decade. He joins the show today to talk all things remote work, including whether it’s here to stay. Listen in as we dive into how the narrative of remote work has changed over the past few years, what the optimal structure for organizations going forward will likely be, and whether offering the option to work remotely is still considered a perk for most employees. We also discuss when you should—and shouldn’t—post a salary in your job description, what you can do instead to manage expectations and maintain interest, and how to find and vet great remote team members.  You can find show notes and more information by clicking here: https://bit.ly/3y6kdvf Interested in our Private Community for 7-Figure Store Owners?  Learn more here.   Want to hear about new episodes and eCommerce news round-ups?  Subscribe via email.
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Jun 24, 2022 • 47min

eCommerce Headwinds: Macro Sentiments, Cooling M&A & Operational Challenges

What does the future of eCommerce look like? Fan Bi is the Co-Founder and Co-Owner of TheHedgeHogCompany.com, an eCommerce holding company that acquires and grows brands, and he has a really unique perspective on some of the trends happening in the eCommerce marketplace today—which is what we’re geeking out on in this episode. Listen in to find out whether the M&A party is coming to an end, what Fan is seeing in his portfolio when it comes to eCommerce, and why it might be another rough year for eCommerce store owners. We also talk about why now is the best time for getting lean and focusing on your branding and story-telling, and Fan shares the mindset shift that allowed him to sleep at night during the rough ride that COVID brought many in eCommerce. You can find show notes and more information by clicking here: https://bit.ly/39F7mXD Interested in our Private Community for 7-Figure Store Owners?  Learn more here.   Want to hear about new episodes and eCommerce news round-ups?  Subscribe via email.
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Jun 17, 2022 • 50min

The Research Strategy That Took Mythologie Candles to $6M in 24 Months

Launching in the turbulent time that was February 2020, Leah McHenry, Founder & CEO of Mythologie Candles, has successfully grown her business to over $6 million in sales in just 24 months. Today Leah joins the show to describe her “secret sauce” to successful marketing—including her advice for anyone just starting their business from the ground up—and how she uses influencers to not only cut down on marketing costs, but also create more content for the brand. Listen in as she shares how the positioning and branding of her products have been so critical to the growth of her business, as well as why she believes it is essential to have your audience dialed in before you create your product. You’ll learn the role her Facebook community has played in her business, how much paid traffic her company uses, and her tips for market research. You can find show notes and more information by clicking here: https://bit.ly/3QoKNqP  Interested in our Private Community for 7-Figure Store Owners?  Learn more here.   Want to hear about new episodes and eCommerce news round-ups?  Subscribe via email.
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Jun 10, 2022 • 56min

The Perfectly Executed Business Sale

One of the core values of the eCommerceFuel community is reciprocity: members giving as much as they are taking. With that, we ask that all new members share a case study with the community, and new member Sarah Douglass, Founder of WiseOwlOutfitters.com, recently shared one of the best case studies on buying and selling a business. It was super detailed, really thoughtful, and offered a ton of insight—so of course, I had to have her on the show to share it. Listen in as Sarah shares the backstory to Wise Owl Outfitters, including the very honest reason why she decided to sell it, even though she loved the brand and the business that she had built. We also dive into what the selling process was like, the lessons Sarah learned along the way (including the big mistake she made with her CPA), and the importance of doing thorough due diligence on your buyer. You can find show notes and more information by clicking here: https://bit.ly/3GDNeRG Interested in our Private Community for 7-Figure Store Owners?  Learn more here.   Want to hear about new episodes and eCommerce news round-ups?  Subscribe via email.
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Jun 3, 2022 • 58min

Investing in Private Deals: Angels, Funds, Syndicates and More

How does your investment portfolio look these days? I’ve been doing some investing over the past couple of years, running a very small investment syndicate that has taught me a ton, and I’m excited to have someone on the show who has been doing similar things. Andrew Gluck is the Founder of Irrvrnt.com, an investment fund that invests in DTC operations companies and emerging eCommerce tech (among other things), and we’re going to be geeking out on all things investing—and so much more. Tune in as we share the lessons we’ve learned, as well as the mistakes we’ve made in our respective investment journeys. You'll hear us deep dive into angel investing, including what to consider before becoming an angel yourself. We also talk about rolling funds, the current investment landscape, and whether having a solid network to tap into is an important pillar of successful investing. You can find show notes and more information by clicking here: https://bit.ly/3yXLv86 Interested in our Private Community for 7-Figure Store Owners?  Learn more here.   Want to hear about new episodes and eCommerce news round-ups?  Subscribe via email.
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May 27, 2022 • 58min

Behind-the-Scenes with GeekOut on Throwing eCommerce Events

If you are running events in the eCommerce space, you know what a lonely world it can be. Today, I’m excited to be joined by Nick Shackelford, Co-Founder of GeekOut Events, which puts on high-intentional no-fluff events all over the world. In this episode, we’re talking event planning, but we’re also talking about so much more related to eCommerce, including marketing, branding, and even copywriting. Listen in as we dive into the reasons behind why Nick (or anyone, really) puts on events (hint: it’s definitely not for the money), how he leverages a built-in FOMO effect with his pricing strategy, and his hack for getting critical information to his customers without relying on email or SMS. We also talk about the current digital marketing landscape, why Nick is not going all-in with TikTok (yet), and the core philosophies that he sticks to when it comes to creating a killer brand presence. You can find show notes and more information by clicking here: https://bit.ly/3sYnWbj  Interested in our Private Community for 7-Figure Store Owners?  Learn more here.   Want to hear about new episodes and eCommerce news round-ups?  Subscribe via email.
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May 20, 2022 • 56min

Unlocking More Profit from Your Shopify Store

Kurt Elster is the man behind Ethercycle.com, a Shopify agency that specializes exclusively—and very successfully—in helping Shopify store owners generate massive revenue growth. Not only does he put out some really amazing websites on Shopify, but he also hosts The Unofficial Shopify Podcast and has a bunch of really cool apps that we talk about in this episode. Listen in as we dive into all things Shopify, including what store owners need to stop asking for on their sites, the one thing that Kurt has done that has really moved the needle for his clients, and the must-haves on any Shopify site that increase conversion and engagement. Kurt also shares the top three apps that get put on every site he builds to reduce friction for consumers, and in turn, increase revenue for store owners. You can find show notes and more information by clicking here: https://bit.ly/3NnObQ6 Interested in our Private Community for 7-Figure Store Owners?  Learn more here.   Want to hear about new episodes and eCommerce news round-ups?  Subscribe via email.
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May 13, 2022 • 60min

Hiring and Compensating Top Performers

Most eCommerce owners struggle with hiring, let alone trying to hire when they’re scaling at a rapid pace. Roc Pilon is a successful entrepreneur in business, real estate, and the fitness industry. He has a really interesting story coming from a trailer in Boise, Idaho dealing with the effects of the 2008 recession and going all in with $5,000 and an idea to innovate better powerlifting gear.  Listen in as we dive into how Roc managed to successfully hire 30 people over the span of two years using LinkedIn as his hiring tool and how he has approached compensation with the team members he has hired, including how he handles performance incentives. Roc also shares how to best get your team to model the core values of your business, what the downsides are to having a remote team, and how hiring an Operations Manager has been a game changer for him. You can find show notes and more information by clicking here: https://bit.ly/3LU3EY9 Interested in our Private Community for 7-Figure Store Owners?  Learn more here.   Want to hear about new episodes and eCommerce news round-ups?  Subscribe via email.

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