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E146: Under the Hood with David Wilson Part 2 – Taking a Plateauing Business to the Next Level

The EcomCrew Ecommerce Podcast · with David Wilson · May 17, 2018 · 34 min

Summary

This episode provides actionable strategies for ecommerce businesses struggling with plateauing sales without resorting to unsustainable ad spend increases. It focuses on optimizing existing assets and exploring new channels to drive cost-effective growth, particularly through enhanced product presentation and strategic market expansion.

Key takeaways

Themes

amazon & marketplacesconversion & crobrand & contentpaid acquisition

Topics covered

amazon listing optimizationproduct photographyinfographicslifestyle videosenhanced brand contentpromotions and giveawaysshopify themesinfluencer marketinginternational expansionamazon euamazon canadavat compliance

Episode description

For those who missed Monday's episode, David Wilson is our Under the Hood guest who enjoyed massive sales growth right before suddenly experiencing a plateau. He tried regaining growth by increasing ad spend, to the point that his profits were in danger of drying up. He needs cost-effective ways to get his sales back on pace, and that is what we talk about in this episode. On Monday's episode, David and I talked about the basic things he needs to take care of before he can move on to actual growth strategies, which is delegation. We talked about his need to hire VAs and let Amazon FBA handle his inventory so he can have some free time to focus on high-level tasks that only he can do. Today we get into the "meat and potatoes"--the actual strategies David needs to employ to boost his sales. In particular we talk about the following, among others: Improving product photography Utilizing all listing image space provided by Amazon Using infographics Shooting lifestyle videos and photos Enhanced brand content Running promotions and giveaways Choosing a modern Shopify theme Utilizing influencer marketing Expanding to Amazon EU and Canada I hope you got valuable practical advice from my conversation with David. If you'd like to get a one-on-one coaching session with me and be featured on the podcast, join our Under the Hood program here. Resources mentioned: Splitly Famebit SimplyVAT <a href="https://www.pc

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Frequently asked about this episode

What does this episode say about amazon & marketplaces?
Utilize all available image slots on Amazon listings, incorporating infographics and lifestyle photos/videos to demonstrate product benefits and elevate brand content.
What does this episode say about conversion & cro?
Implement strategic promotions and giveaways to drive engagement and sales velocity beyond simple discounting.
What does this episode say about brand & content?
Select a modern, user-friendly Shopify theme to improve customer experience and conversion rates.
What does this episode say about paid acquisition?
Explore international expansion into markets like Amazon EU and Canada, preparing for logistics and tax implications like VAT.
What does this episode say about amazon & marketplaces?
Leverage influencer marketing to reach new audiences and build credibility cost-effectively.

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