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How DTC brands can grow sustainably in 2023 | #150 Rohit Maheshwaran

Ecommerce Coffee Break · with Rohit Maheshwaran · February 14, 2023 · 22 min

Summary

To combat rising customer acquisition costs and build a sustainable DTC brand in 2023, prioritize a robust retention strategy. This involves owning your customer data, leveraging omnichannel communication with strong personalization, and optimizing the customer experience through automated email/SMS flows and feedback loops.

Key takeaways

Themes

customer experiencecustomer retentiondata-driven growthemail marketing

Topics covered

abandoned cart recoveryai in marketingaverage order value (aov)content creationcustomer acquisition costcustomer data platform (cdp)customer lifetime value (ltv)email automationloyalty programsomnichannel marketingpersonalizationpost-purchase flowssms marketingwelcome serieswinback campaigns

Episode description

This episode of the Ecommerce Coffee Break Podcast features a conversation with Rohit Maheshwaran, Co-founder of Moda, at getmoda.io. We discuss how DTC brands can grow sustainably in 2023. On the Show Today You’ll Learn: Why is retention important for growth in 2023?Retention strategies DTC brands should adopt.Must have automations that brands can leverage for driving retentionHow can new-age platforms help in customer retention?How is Moda helping DTC e-commerce brands grow sustainably?Lin...

Frequently asked about this episode

What does this episode say about customer experience?
Implement the 'Big Four' email automations: Welcome Series, Abandonment Series (browse, cart, checkout), Post-Purchase Series, and Winback Series. These are critical for driving first purchases and repeat business.
What does this episode say about customer retention?
Aim for 4-10 email campaigns/automations per month, adjusting frequency based on customer engagement, to maximize sales and maintain brand presence.
What does this episode say about data-driven growth?
Integrate AI-powered content generation tools for email copy, headers, CTAs, and even graphics to streamline content creation and maintain visual appeal.
What does this episode say about email marketing?
Centralize all customer data (advertising, email, customer service, store data) into a single Customer Data Platform (CDP) to enable real-time analysis, personalized communication, and operational efficiency.
What does this episode say about customer experience?
Focus on owning your customer communication channels (website, email, SMS, WhatsApp) rather than relying solely on third-party platforms to maintain control and direct engagement.

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