This episode provides a candid look at past eCommerce predictions and offers a forward-looking forecast for 2023, covering market trends, labor, domestic sourcing, Shopify's future, and AI applications. It helps ecommerce operators understand potential shifts in consumer behavior, competitive dynamics, and operational efficiencies to inform their business strategy for the upcoming year.
Key takeaways
Reflect on 2022 predictions to understand significant misses and successes, particularly regarding market unexpected turns, to refine your future forecasting approach.
Anticipate continued shifts in the labor market and consider strategies for talent acquisition and wage management in 2023 for your ecommerce business.
Evaluate the viability and advantages of domestic sourcing for your business, as its prevalence and impact are expected to evolve.
Assess how Shopify's strategic direction and new features in 2023 could impact your independent store or SMB, and plan for platform changes.
Explore emerging AI applications and tools for areas like customer service, marketing, and personalization to streamline operations and gain a competitive edge in 2023.
It is the most wonderful time of the year! Not only is it a time to get together with friends and family and enjoy each other's company, but it's also the time of year when Bill D'Alessandro and I look back on our predictions from a year ago, see where we were massively off, and make even more predictions for the coming year. So get comfortable, grab your holiday favorite drink, and get ready to see how egregious our predictions were from last year, and speculate with us on what 2023 will bring. We'll be talking about where we think the markets will be headed, what we expect to see from the labor market and domestic sourcing, and what's up with Shopify in the coming year. We also share our AI-related predictions for the new year and chat about some really cool tools that may just change how we all run and manage our businesses. You can find show notes and more information by clicking here: https://bit.ly/3FsNgMf 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.
What does this episode say about shopify & ecommerce platforms?
Reflect on 2022 predictions to understand significant misses and successes, particularly regarding market unexpected turns, to refine your future forecasting approach.
What does this episode say about ai & automation?
Anticipate continued shifts in the labor market and consider strategies for talent acquisition and wage management in 2023 for your ecommerce business.
What does this episode say about supply chain & operations?
Evaluate the viability and advantages of domestic sourcing for your business, as its prevalence and impact are expected to evolve.
What does this episode say about founder & leadership?
Assess how Shopify's strategic direction and new features in 2023 could impact your independent store or SMB, and plan for platform changes.
What does this episode say about shopify & ecommerce platforms?
Explore emerging AI applications and tools for areas like customer service, marketing, and personalization to streamline operations and gain a competitive edge in 2023.