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eCommerce Podcast

Matt Edmundson
eCommerce Podcast
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  • Building a 7-Figure Business on Connection Not Commodities
    What if scaling your eCommerce business isn't about better ads, but about understanding why customers buy from you? Louise Doyle shares how she built Needi from a struggling DTC gifting site into a £2 million corporate gifting business by refusing to treat gifts like commodities.Episode SummaryLouise and her co-founder Steph launched Needi in 2021 with ambitious DTC plans, only to discover the brutal reality of customer acquisition costs and overwhelming competition. Within months, they pivoted to B2B corporate gifting, where they found desperate demand for their psychology-driven approach. By asking why clients want to give gifts rather than just what they need, Needi scaled from £500k to £2 million in revenue whilst supporting local independent businesses. Lou shares the unconventional journey of building a concierge service that's now projecting £5 million revenue, all whilst balancing motherhood and creating a team where over half the employees are mums.Key Point Timestamps:05:10 - The DTC Reality: Why Direct-to-Consumer Failed10:15 - The Pivot: Finding Corporate Clients Who Were Desperate16:25 - Understanding the Psychology Behind Every Gift24:30 - Your Client Isn't Actually Your Client32:05 - The Amazon Problem: Connection Beats Efficiency37:14 - Scaling from £500k to £5M Projected Revenue45:07 - The Mum Factor: Building a Family-First BusinessThe DTC Reality: Why Direct-to-Consumer Failed (05:10)Lou and Steph thought they had it figured out. The research was solid: one in five gifts end up in landfill, 80% of people hate finding the right gift, and everyone's received a terrible present. Simple problem, simple solution—build a website, run Facebook ads, watch orders roll in."We went into it fairly naively," Lou admits. "We thought everybody is rubbish at gifting and doesn't enjoy it. So we'll set up an e-comm site where we make people really good at gifting. And it was really hard."The cost of customer acquisition was brutal. But worse, they faced double jeopardy: they needed to attract customers whilst simultaneously onboarding local independent businesses to supply the gifts. Chicken and egg doesn't begin to describe the challenge.The Pivot: Finding Corporate Clients Who Were Desperate (10:15)Rather than flogging a dead horse, Lou and Steph started LinkedIn outreach to corporate clients. They walked into head offices with suitcases filled with gifts. The response was immediate and overwhelming."These people were literally saying, my gosh, where have you been? We need what you're doing," Lou explains. Executive assistants and marketing managers were being dumped with last-minute orders for thousands of gifts with tight budgets and no time to find quality suppliers.The word "concierge" isn't accidental in Needi's description. It represents doing absolutely everything for clients whilst they figured out how to scale the service.Understanding the Psychology Behind Every Gift (16:25)Lou and Steph didn't just pivot to B2B—they transformed how they approached gifting entirely. They spent hundreds of hours studying the psychology of gifting, working with a professor of altruism, researching relationship dynamics."A gift is cementing what your relationship means to that person," Lou says. "You would not buy somebody a gift if you weren't looking for a particular connection."This insight changed everything. Instead of asking what gift clients wanted or how many they needed, Needi asks why. Why are you buying this gift? What relationship are you trying to cement? What message are you trying to send?Your Client Isn't Actually Your Client (24:30)When a company orders 10,000 gifts for employees, the purchaser is the corporate decision-maker. But the person who determines whether that company orders again next year? That's the employee who receives the
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  • How to Build a Customer Growth System With The FUEL Framework
    Customer acquisition costs have surged 222% since 2013, with Google and Facebook CPCs climbing relentlessly. But what if the solution isn't just doubling down on retention or throwing more money at ads?Matt Edmundson introduces the FUEL Framework—a systematic approach to customer growth that doesn't rely on a single channel, doesn't assume yesterday's tactics will work tomorrow, and doesn't leave you vulnerable when platforms change their algorithms. Through Foundation, Unlock, Elevate, and Leapfrog strategies, this framework addresses all three levers of business growth: acquiring customers, increasing purchase frequency, and raising average order value.Key Point Timestamps:00:00 - Introduction: The Challenge of Rising CAC01:00 - The iOS 14 Impact on Facebook Ads02:00 - The CAC Crisis in eCommerce03:00 - The Bathtub Principle04:34 - Introducing the FUEL Framework09:00 - Foundation: Email Beyond Templates13:00 - Foundation: Building Referral Engines15:00 - Foundation: Customer Experience Post-Purchase19:00 - Unlock: Strategic Partnerships22:00 - Unlock: Content Amplification26:00 - Unlock: Community Seeding28:00 - Elevate: Advanced Segmentation32:00 - Elevate: AI-Powered Personalisation38:00 - Leapfrog: Experimenting Without FearFoundation: Building Your Unshakeable Base (09:00)Matt challenges the common assumption that having Shopify and Google Analytics means your foundations are sorted. Real foundations aren't about having tools—they're about having systems that work even when paid ads don't.Email marketing generates 30-40% of revenue for most eCommerce businesses, yet many brands still rely on generic templates. Matt references Ken Rapp from BluStream's brilliant rule: don't send any coupons or review requests in the first five messages. "Just deliver value. Help customers succeed with their purchase. Build trust," Matt explains. Over 90% of customers stay engaged with these journeys months—sometimes years—later.The referral engine sits in foundations because referred customers are 16-24% more loyal than customers acquired through other channels, have 16% higher lifetime value, and cost £17 less to acquire. But standard refer-a-friend programmes don't work because they assume everyone just wants £10 off. "Maybe a complementary product has higher perceived value than cash. Maybe inviting them to a VIP board meeting matters more," Matt suggests.The Post-Purchase Gap (15:00)Standing in his favourite Liverpool coffee shop, Matt had an epiphany about customer experience. The journey was brilliant until he paid—then he stood awkwardly with others, unable to listen to music in case they called his name, no bench to sit on, no system."I started thinking, well actually, am I doing the same thing in my own eCommerce businesses?" Matt reflects. "We obsess over the journey to checkout. We A/B test button colours, we track every click. Then someone buys, and we forget about them. Or worse—we immediately hit them with a review request before they've even opened the box."The gap between acquisition and loyalty is where most brands lose the game. Customer experience—particularly post-purchase—directly impacts whether customers buy again.Unlock: Diversifying Beyond Paid Ads (19:00)Once foundations are solid, Matt recommends devoting 5-10% of marketing resources to unlocking other channels. Strategic partnerships work because 72% of companies report lower CAC through partnerships than direct acquisition.Matt shares his experience with Through Doc, the clothing company he frequently purchases from. When they partnered with Elliot Brown watches, he'd never heard of the...
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  • Buying an eCommerce Business Instead of Starting One
    Most entrepreneurs dream of building from scratch, but Michael Simpson took a different path. After running an Amazon arbitrage side hustle, he spent 18 months searching for an established eCommerce business to buy rather than building one from the ground up.Four years after purchasing an 18-year-old business selling Catholic products, Michael candidly shares what most buyers won't: the reality behind the broker presentations, the challenges of inherited technical debt, and the daily cashflow discipline that kept him in the game during survival mode.We explore the SBA loan process that made 90% financing possible, why he spent £30,000 on a Shopify migration that never happened, and the mastermind group advice that stopped him from making costly mistakes. Michael reveals his daily cashflow forecasting system, why demand capture businesses hit growth ceilings differently than demand generation models, and what he wishes he'd negotiated harder on during the purchase.Key Point Timestamps:04:34 - The Buy Then Build Philosophy09:10 - Finding the Right Business After 40 Evaluations11:06 - How SBA Loans Work for Business Acquisitions16:56 - The 3X Multiple Valuation Reality20:05 - Why Growth Proved Harder Than Expected29:52 - The £30,000 Migration That Never Happened43:09 - When Sales Dropped and Survival Mode Began49:57 - Daily Cashflow Forecasting That Saved the BusinessThe Buy Then Build Philosophy (04:34)Michael's acquisition journey began with Walker Deibold's book Buy Then Build, which challenges the conventional startup path. After running a small Amazon arbitrage business selling New Mexico green chillies, he realised he wanted something larger but wasn't passionate about scaling what he had."When you buy a business, that's what you're buying," Michael explains. "You're buying the existing customers and that goodwill and those supplier relationships. If it's a new business that doesn't have a lot of existing customers, there's not really a whole lot of value there."The appeal is straightforward: an established business has already solved product-market fit, built supplier relationships, and proven people will pay for what you're selling. But as Michael discovered, you're also inheriting someone else's platform choices, brand positioning, and technical debt.Finding the Right Business After 40 Evaluations (09:10)Michael spent 18 months evaluating 30 to 40 businesses before finding the right fit. His criteria were non-negotiable:No Chinese suppliers. As a National Guard member with security clearance for 22 years, the China arbitrage model raised both practical and security concerns. "I just felt like eventually that wasn't sustainable. Like at some point that arbitrage opportunity is going to disappear."Own website, not Amazon-dependent. Having experienced Amazon's unpredictability firsthand, Michael knew he didn't want a business that could collapse from one complaint or account suspension.Strong customer base and email list. This represents the real value in an acquisition—the relationships and proven demand.Genuinely interesting products. Michael didn't want to sell women's clothing or supplements he didn't believe in, even though the margins were attractive.When Discount Catholic Products appeared—an 18-year-old business selling medals, prayer cards, and crucifixes made in Italy and the US—it ticked every box.How SBA Loans Work for Business Acquisitions (11:06)The Small Business Administration loan programme gave Michael access to 90% financing—he only needed 10% down on a half-million-pound sale. During COVID, the government sweetened the deal further: they waived the typical 2% fee and covered the first three months of payments."Between those two things, that was like £30,000 that we saved just by getting...
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  • Stop Losing Customers After They Click Buy Now
    Less than 30% of customers buy a second time, and subscription brands lose 50% within 90 days. Ken Rapp from BluStream reveals why this isn't a marketing problem—it's a post-purchase problem that's costing brands millions in repeat revenue.Episode SummaryThe conversation explores what Ken calls the "doorstep to delight" phase—that critical window between clicking buy and becoming a loyal customer. Through stories of dog probiotics, cracked guitars, and missing vanilla extract, Ken demonstrates how brands lose connection with customers the moment a purchase is complete. He breaks down his three-stage framework for product ownership (unboxing, usage, and care) and shares practical strategies for engaging customers through messaging platforms like WhatsApp and SMS. The episode reveals how brands are achieving 30% increases in repeat sales and 30% reductions in churn simply by delivering personalised, timely support after the sale.Key Point Timestamps:05:07 - The Scale Problem: When Success Kills Personalisation12:15 - The Doorstep to Delight Framework18:49 - Quick Wins for Post-Purchase Engagement23:38 - The Five-Message Rule28:40 - Understanding the Second Why40:01 - The Apple Standard for Customer ExperienceThe Scale Problem: When Success Kills Personalisation (05:07)Ken shares the story of a dog probiotics brand that knew every pet parent's name, their dog's name, and whether it was a Chihuahua or a Great Dane. Then she got distribution through Whole Foods—a dream for most brands—but it meant game over for personal connection."She started to be successful. And as she started to be successful, she couldn't have a personal relationship anymore," Ken explains. This captures the fundamental challenge: the very success every business chases kills the thing that made customers fall in love with the brand.This isn't a mistake brands are making. It's a limitation we've accepted as inevitable. When you're small, handwritten notes and personal touches are manageable. But as you scale, those become impossible to maintain—or so we thought.The Doorstep to Delight Framework (12:15)Ken breaks product ownership into three stages where brands can create connection at scale:Unboxing (Activation): This is where skill level matters most. A beginner needs different support than an expert. Do they know they need batteries? Have they read the fine print about three-month timelines?Usage (Engagement): This is what Ken calls "the second why." The first why is wanting trainers. The second why reveals actual use—marathon training, daily comfort, or collection piece. Understanding this changes everything.Care and Maintenance: Not every product needs this, but for guitars, beauty products, and supplements requiring ongoing care, this is where lifetime value lives. Ken learned this watching his prestigious guitar crack during Boston's dry winter because the brand's care videos weren't delivered when he needed them.The Five-Message Rule (23:38)Ken shares a powerful tip: don't send any coupons or review requests for the first five messages. Just deliver value."We have over 90% of the consumers on behalf of dozens and dozens of brands still on journeys today, months, quarters, years later, because they really appreciate getting tips and advice and having a connection back to the brand."Think about your inbox. Review requests before unboxing? Coupons for second purchases when you haven't tried the first? Brands play the numbers game at scale, but it kills the engagement they're trying to create.Understanding the Second Why (28:40)Ken's platform creates personalised journeys based on how customers actually use products. Are you training for a marathon or wearing trainers for daily comfort? This "second why" determines everything—relevant tips, usage tracking, and...
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  • How to Build Authority in AI Search for Your Brand
    Alex Back's team at Couch posts content about Ashley Furniture, and just two days later, ChatGPT and Google AI change their answers about the brand's quality. In this episode, we explore the systematic approach to building authority in AI search that's transforming how furniture brands—and all e-commerce businesses—can influence what millions of people learn from large language models.After running a successful e-commerce furniture brand for 13 years, Alex now helps furniture retailers through Couch, his marketing platform. We dive into the remarkable shift happening in digital marketing, where understanding how LLMs consume and cite content has become as important as traditional SEO. Alex shares the exact content creation system his team uses, starting with video and working backwards into articles, and reveals why YouTube and Reddit have become the second and third most important sources for AI search after Wikipedia.Key Point Timestamps:08:14 - The AI Search Revolution Nobody's Talking About19:13 - Where LLMs Get Their Information28:00 - The Content Creation System That Actually Works34:16 - One Recording Creates Everything38:27 - The Delicate Dance of Platform Dependence41:55 - The Reddit Problem45:39 - The Pivot Machine PhilosophyThe AI Search Revolution Nobody's Talking About (08:14)We're living through a shift as significant as Google's emergence in the early 2000s. Alex explains how his team measures the impact of their content on AI search: "The YouTube videos themselves and some of the social media content we put out there is informing the LLMs and ultimately changing answers to questions like, is Ashley furniture good quality?"This isn't theoretical. Before posting content, Alex's team checks what ChatGPT and Google AI say about a brand. After publishing, they check again. Sometimes within 48 hours, the answers change, citations appear, and the narrative shifts. However, nobody fully understands the rules yet. Even the best content marketers and SEO professionals are still figuring out which tools to trust for tracking LLM presence.Where LLMs Get Their Information (19:13)Alex attended a seminar that revealed crucial insights about how AI search works. Wikipedia remains the primary source for LLMs—the vast majority of their information comes from there. But Reddit and YouTube are second and third, neck and neck."I saw a whole seminar about LLMs and where they get their information," Alex shares. "Wikipedia being still the vast majority of information sources for LLMs. But Reddit and YouTube being second and third and very close to one another."This matters because it explains why Alex's strategy works. YouTube videos no longer just rank well on Google—they directly inform what AI tells millions of people asking questions. Even if content contains errors or subjective opinions, LLMs consider it heavily, sometimes more than niche publishing sites with established authority.The Content Creation System That Actually Works (28:00)Alex calls himself "a talker," and he's turned that into his superpower. His refreshingly simple content creation process starts with using ChatGPT to create an outline, then recording video authentically about topics he knows deeply."If you start with video, it's much easier to back your way into having all this other content," Alex explains. He transcribes the raw video and gives it to his writer: "Here's the transcript, take this, these are all my words, make it into a compelling article."The video goes on YouTube. The article—embedding that same video—publishes to the blog. Both go live within hours of each other. Then they syndicate to YouTube Shorts and other social platforms. One recording session produces a YouTube video, a blog post, social media content, and multiple touchpoints—all from turning on the camera for a few...
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