2X eCommerce Podcast artwork

EP 48: The Ins and Out a Subscription Box Ecommerce Business from Ex-Cofounder of Conscious Box, Jameson Morris

2X eCommerce Podcast · with Jameson Morris · November 10, 2015 · 71 min

Summary

For ecommerce operators eyeing the lucrative subscription box market, this episode is a masterclass in launching and scaling without external funding. Learn proven strategies from a seasoned entrepreneur who built and sold multiple successful subscription businesses, offering critical insights into sustainable growth and avoiding common startup pitfalls.

Key takeaways

Themes

bootstrapping & fundingemail marketingniche marketingsubscription commerce

Topics covered

abandoned cart recoverybootstrapping strategiescratejoy platformcustomer win-back strategiesecommerce conversion rate optimizationemail marketing automationniche market identificationsubscription box business modelsventure capital funding pitfalls

Episode description

In 2011 when Jameson Morris was just 22 he co-founded Conscious Box with a $10,000 student loan. Conscious Box as most of our U.S listeners know is one of the biggest players in the subscription box ecommerce space. Jameson exited conscious box due to the complications of VC funding and having learnt never to use outside funding to launch a subscription commerce business, he went unto found multiple bootstrapped subscription-box businesses. He sold one of the business commerce businesses for a tidy sum that enabled him purchase a house and then founded another subscription business around Yoga called Yogi Surprise with 1000s of subscribers. His subscription commerce wizardry landed him a job at Cratejoy - a subscription commerce platform akin to a Shopify dedicated to subscription box businesses as a Director of Consumer Marketing where he helps their subscription business clientele launch and grow their businesses.    He shares the ins and outs of launching and managing a subscription box business on this episode.      Message from Our Sponsors: This episode is brought to you by Remarkety. Remarkety is an email marketing platform specifically built for eCommerce businesses.With Remarkety, emails are automatically triggered by shopper behaviour and purchase history.With a few simple clicks, Remarkety allows you Recover abandoned carts, win back inactive customers, make product recommendations, deliver newsletters and more.In other words, emails you will send through Remarkety will be highly targeted: with glaring improvements on your open rates, click rates and, most importantly, conversions. You are also able to track revenue generated from every single email sent by Remarkety.   Try Remarkety absolutely free for 30-days. No credit cards and no contracts.To sweeten the deal, 2x eCommerce listeners can get Remarkety for 30% off an entire year using the coupon code PODCAST30.   Visit Remarkety.com to learn more.Remarkety is email marketing for eCommerce. Simplified.

Frequently asked about this episode

What does this episode say about bootstrapping & funding?
Avoid external VC funding for subscription box businesses; bootstrap for greater control and long-term sustainability.
What does this episode say about email marketing?
Leverage platforms like Cratejoy designed specifically for subscription box businesses to streamline operations and growth.
What does this episode say about niche marketing?
Focus on niche markets (e.g., yoga) for subscription boxes to build a dedicated subscriber base.
What does this episode say about subscription commerce?
Implement targeted email marketing triggered by shopper behavior to recover abandoned carts, win back customers, and boost conversions.
What does this episode say about bootstrapping & funding?
Continuously track revenue generated from every email sent to optimize marketing efforts and demonstrate ROI.

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