Latest / The Retail Podcast / Unpacking Globalisation, AI in E-commerce - 'You Don't Get, If You Don't Ask'. Quickfire Digital- Shopify Plus specialist and European E-commerce Agency of the Year
Transcript
- 0:00Retail forecast, a global conversation hosted by Alex
- 0:04rezze Van Veen. Hello, and welcome back the
- 0:07retail podcast. It's a great honor to meet
- 0:10someone who is not only a shining example of the path that
- 0:14any entrepreneur would like to take.
- 0:16But someone who's actually from what I saw.
- 0:19When I spoke at his event, someone who's laying the
- 0:23foundations of the future retail with in e-commerce and within a
- 0:26specific platform. So without any further Ado.
- 0:30Let me bring Nathan to the stream.
- 0:33Hey, Nathan. How you doing?
- 0:35Thanks, I'm very well. Thank you.
- 0:36Thank you for having me. How are you really good?
- 0:38Average, I was just starting to talk about how not only.
- 0:44I mean, you took, when you have these gigs when you turn up and
- 0:46talk or you're part of a panel, you sort of have an idea of the
- 0:50company or the group of people, but I had no appreciation for
- 0:54the depth of community that you've created, not only within
- 0:58the retail space, but Then the partner ecosystem of people you
- 1:02know Paving the way for the future of retail.
- 1:05So these are future retailers and we'll talk about some of
- 1:08your customers and your partner's.
- 1:10But for those who don't know, Nathan, Lomax or quickfire,
- 1:14digital, why don't you give us a quick, you know, overview of who
- 1:18you are and your Agency for sure.
- 1:22Thank you. So as I said, my name is Nathan,
- 1:24co-founder of quickfire digital, there's three co-founders within
- 1:27the agency, so you've got Fred who looks after he comes
- 1:29Strategy, Martin systems process Finance, all the bits I'm
- 1:33useless at and myself. New business growth sales,
- 1:37essentially trying to scale the agency to ever want to take it
- 1:39to. Now, the agency started, the
- 1:41first of June 2017, and if I take you back for five years
- 1:44before then, I was at that crossroads, that that many
- 1:47students find when they get to, that 18 years old.
- 1:49Do they, or do they not go to university?
- 1:52And I personally have views at the kind of educational system
- 1:55is broken in a way that was very lucky to go to a private school,
- 1:58but they kind of sign. Towards University as the only
- 2:01option and I know that it's getting better now.
- 2:04But at the same time University, I didn't think was right for me
- 2:06and I wanted to start my own business.
- 2:08So I did some traveling. I came back and I just went
- 2:12straight into it and I appreciate that many people.
- 2:14May not have the self confidence or self believe to do so, and I
- 2:18believe that was largely because my parents have been in the
- 2:20world of Entrepreneurship that last 40 years have run hotels
- 2:23and some of the conversations we have today around customer
- 2:26service and values and how we look after our clients exec
- 2:29Surah you See a threat, right? Which is been over me from a
- 2:32young age of looking after people, when they check into the
- 2:34hotel excetera. So, set up the agency as almost
- 2:38a freelancer back in 2012, grown as a bit of a lifestyle, I'd
- 2:42like to have the most fantastic life and when I say that like
- 2:45the opportunities I had, as a young 18 19, 20 year-old and
- 2:50good revenues working great clients, it was fantastic, the
- 2:53trouble is it's very much for lifestyle.
- 2:55Okay, so I would get back and I dreamt of this open plan office,
- 2:58will these heads and I'd walk And while this is what was
- 3:01created and actually, the team we've built that were built a
- 3:04remote team out in India, fantastic Bunch, you couldn't
- 3:07find more hard-working people, they were brilliant but actually
- 3:10it just it didn't fulfill me. Neither actually, if I'm going
- 3:13to grow and sell this agency at the moment, the value is just
- 3:17with me. So how can we create an agency?
- 3:19That's beyond Nathan as a brand and actually at the time that
- 3:22the Nate the brand was cool, Nathan Lomax.com.
- 3:25So Supply me okay, we're going to have to stretch past this.
- 3:27So sure enough roll forward to the first of June.
- 3:29B-17 and I Rebrand to quickfire digital and about a week later,
- 3:34we merge with two others and took on two, other co-founders.
- 3:37The idea was at the time, I didn't think I could justify a
- 3:4050 60 thousand pound developer but what I could justify was
- 3:44someone to take some Equity, right?
- 3:46That's what we did. Little did I appreciate
- 3:50understood concept of economies of scale?
- 3:52But little did I appreciate how quickly the agency would gain
- 3:55traction. So originally, we were doing
- 3:57everything for everybody. You need a PPC campaign.
- 4:00Paying you wanted to paid social campaign.
- 4:01You will need a website WordPress Shopify.
- 4:04Whatever it was, you wanted it with, do it over time.
- 4:07We learned the importance of Nisha.
- 4:09Okay. And actually it was in 2019 or
- 4:122020. Just before endemic.
- 4:14So I think 2019 feels like a long time ago now and we said
- 4:18actually we need to become known for something if we want to
- 4:21break out of our local bubble and to be known in Norfolk, but
- 4:25want to be known nationally and internationally.
- 4:27You need to at least and buy something and hang our Colours
- 4:29to the mast. Fast.
- 4:30And the idea was okay, looking at the clients we've got looking
- 4:33at the work, we've done. What are we most enjoying?
- 4:36And where are we making strong margins?
- 4:39And for us, that was in the world of e-commerce.
- 4:41We were getting it more right than wrong and we're also really
- 4:44enjoying the work we were doing fine.
- 4:47We'll go down the route of e-commerce.
- 4:48Well, thank goodness, we did because the alternative was
- 4:50hospitality and lockdown. Then happens.
- 4:53All the hotels. Accommodation Etc.
- 4:55Shuts down. E-commerce goes through the roof
- 4:58right place. Where I Time the agency tripled
- 5:02overnight. Almost there was this initial
- 5:05period of uncertainty and then it realize blimey e-commerce is
- 5:09our vehicle out of the this situation.
- 5:12And I know about you guys, but we had Amazon Parcels turning up
- 5:14almost every day. It was like a little house here.
- 5:17And, and so yeah, e-commerce went nuts, the team quickly,
- 5:20scaled, and and then there were certain Milestones which I'm
- 5:24sure will cover today. Yeah, which can really
- 5:26snowballed and propelled it to where we are today.
- 5:29If we sort of, uh Unpack your journey from 2017 to 2022 where
- 5:34you win agency of the year or european.
- 5:38E-commerce agency of the year. What what, what contributes
- 5:41that? What are the factors that
- 5:42contribute to that Journey? What were the tools that you
- 5:46used or you know, what's the secret sauce there?
- 5:49Hey, the first thing I would say is an absolute Obsession and my
- 5:52other half will be Testament to that.
- 5:54I'm obsessed with growing and scaling this agency and building
- 5:58the best product clients that we can do you say.
- 5:59Other half. You mean like your other hand?
- 6:01Life is a Nicky. My partner.
- 6:04We live together and she is so understanding and tolerance.
- 6:09I can't switch off Alex. The weekends come.
- 6:11I remember you talking about your LinkedIn posts and how they
- 6:13were driving. Oh, wild.
- 6:15Yeah. So she just got, she's so
- 6:17understanding, so supportive. And that I wrote a post on this
- 6:20this morning, actually, that, unless you've got that support
- 6:22system around you, it's impossible in my opinion to grow
- 6:26and scale it a successful business because sometimes it
- 6:29is, You're 100% Focus, okay? And that's difficult, being the
- 6:32partner, and sometimes playing second fiddle way, you just
- 6:34would like some attention and some support Etc.
- 6:36She's gonna run challenges, got around your big cetera if you're
- 6:39looking to me for help but I'm so engrossed in where this
- 6:42agency's going and how I'm getting there.
- 6:44I'm absolutely obsessed. I wake up in the morning, one of
- 6:46the first things I think about is the agency before I go to
- 6:49bed. I think I think about the
- 6:50agency, reminisce, shower in the morning.
- 6:52I'm thinking about the agency, but I'm thankful for my
- 6:54Saturday. I'm thinking about the agency,
- 6:56which explains one more Christian Billy is significantly
- 6:58dropped. But yeah just I'm just obsessed
- 7:01with it and I'm obsessed with it for a number of reasons.
- 7:04One is because I love the world of e-commerce and I'm currently
- 7:06a passionate about driving change within that space to is
- 7:10that I love connecting people and building communities and
- 7:12we're starting to get some really nice traction there.
- 7:14Yeah, there isn't you'd love what I do.
- 7:16I love, I get to Sunday and I don't have those Sunday Blues.
- 7:20I think I'll crumbs. It's Monday, I genuinely think.
- 7:22Come on. It's Monday.
- 7:24What we're going to do? How we're going to make a
- 7:25positive impact this week. I'm big into gratitude
- 7:28journaling, and ever since I've done that, I've started Had to
- 7:30realize that I have a really fantastic.
- 7:32It's not just I mean just a gratitude.
- 7:34I mean I think I know what it is, is right in what you had
- 7:36before, but it was eventually. I'm like, why did you do that
- 7:39way Wherever I Go? Which is, and it just every day.
- 7:43It says, what do you do when you wake up its here, what are you
- 7:46grateful for? How are you going to make today
- 7:48great and what's your positive affirmation?
- 7:50So that's the morning routine. Got.
- 7:51And then the afternoon routine is ideally.
- 7:54Before you go to bed, what was your good deed you did today you
- 7:57how we're going to improve and what are the Great things.
- 8:00You experience that day and every day, I just document those
- 8:03and I flicked back and I'm like, yeah.
- 8:06There's been some tough moments today.
- 8:07Yeah. It's been a tough call or
- 8:09difficult client whatever it's going to be a team member or a
- 8:11little sick. You know, what's been some great
- 8:13moments as well and all those great moments are captured in
- 8:16his book, got you. So when you look at in terms of
- 8:19the actual leading up to the the award, it's just what you see is
- 8:24Obsession, right? That was there.
- 8:25Like one thing that you've got. I see Obsession.
- 8:28I see incredible. Really hard work.
- 8:31But I also am a big believer in this match.
- 8:33If you don't ask, you don't get Alex and actually, for us coming
- 8:36up to that award first things first.
- 8:38We had to firstly choose that we wanted to go down the Shopify
- 8:42route. So they're discouraged as
- 8:43bravery. There's a kind of relentlessness
- 8:45to say, you know, what? We are going to put our Colours
- 8:47to the Mast. Because too many people try and
- 8:49be vanilla doing things or people.
- 8:51And then wonder why they can't penetrate the first million
- 8:53pound. So that to me is the first thing
- 8:56we then have this Relentless pursuit of actually We'll be
- 9:00going to be the best and I guess that's from playing a lot of
- 9:02sports and sports at a good level.
- 9:04As a child. Yeah.
- 9:05I don't just want to be the player that's playing and is
- 9:08this average, right? I want to be the best.
- 9:10And so for me, that's amazing. We're now in Shopify.
- 9:13How do you be a place partner? The 8 + Partners in the UK.
- 9:17I want to be one of them. So then you go on this
- 9:19Relentless pursuit of becoming a plus partner, and if you ask
- 9:21Carlos, her partner manager, she got introduced to us a probably
- 9:25said the three or four emails a day for a good six months.
- 9:27I'm just asking question, what's up, what's a plus?
- 9:29What's a plus-one? What in Shopify ecosystem, you
- 9:32have plus agencies, which is supporting Enterprise level
- 9:35builds, right? And there are signs to a plus
- 9:38manager plus partner, when like Carlotta for us who looks after
- 9:43the agency and helps answer any questions.
- 9:45Now, I think she's there for going about how check in once a
- 9:48quarter. See how you getting on?
- 9:49Yeah, that was enough for me. I was like Carlotta every week.
- 9:52Hey, getting on. What's new?
- 9:54What's coming up? So that was the first piece we
- 9:57then reached out to head of Shopify Amir at the time and
- 9:59Political Shamone, if you don't ask, you don't get in this life.
- 10:03Alex, I said, you know, wash my own, we're running a webinar.
- 10:06Everyone's going online. Nothing's happening, offline.
- 10:08I'd love you to speak at our van at this time.
- 10:11I don't think we're at plus partner, barely, anyone knew us?
- 10:14We're just starting in the world of Shopify.
- 10:16Suddenly, the head of Shopify. Amir is on a webinar with us
- 10:20that positions us in a fantastic position as a point of
- 10:23authority. But this is, this is what I'm
- 10:25looking at here, Daniel, so far, this is real.
- 10:28We're in that webinar. The lovely lady bottom right is
- 10:31Shamone had a lovely Cool J Cal from launched online.
- 10:34Great PBC agency had done so many from gym class coffee and
- 10:38just for you, are you Shopify exclusively?
- 10:43We are now, yeah. Okay, they've got your big, big
- 10:47commitment for the agency to say.
- 10:49You know what, we are going to go away from building new stuff
- 10:52with in other platforms. Now, occasionally there will be
- 10:57a thread back to e-commerce. Yeah.
- 11:00But I would say, now, 95% of the stuff we do is eCommerce
- 11:03focused, got you. So, I think yet, we started
- 11:06doing all this content, it was all the webinars there and all
- 11:09these different concept we're putting out.
- 11:11And it was really just about educating and paying it forward,
- 11:14and we'll talk about personal values.
- 11:15But for me, that's one of my most important.
- 11:18Personal values is to relentlessly.
- 11:19Pay it forwards, without expecting anything in return.
- 11:23Yeah, I think you can get into that mindset of doing that and
- 11:27just keep doing that and just persevere.
- 11:29With it, the results, toxic compound.
- 11:32And now it's this rather ridiculous snowball.
- 11:35And I'll tell you a little story about that shortly.
- 11:37Yes. Oh yeah.
- 11:38To we get to this this nomination.
- 11:40And we're nominated for at the time, I was nominated, as the UK
- 11:43rising star, and I was fortunate enough to win that within the
- 11:47world of agencies and in Europe. And then a one that and then we
- 11:50put the agency in for uke cam agency the year and European
- 11:55each competency the year one that you gave one flew out to
- 11:58Europe took The team is convinced.
- 12:01We were going to win. Just before I thought Alex, how
- 12:04embarrassing if we didn't win a flown out that email.
- 12:06That God that would be awful, would put them up in hotels.
- 12:08All sorts anyway, had a few glasses of wine.
- 12:11A name came up. We didn't win it.
- 12:13I was devastated because not only am I have a confident
- 12:18exterior, I guess, deep down there are still some
- 12:21insecurities like many of us and I was devastated.
- 12:25Roll forward, two weeks and they run the big European e-commerce
- 12:29Awards. This was for small e-comm
- 12:30agency. Did your job, he commented.
- 12:32See right? And I was still a little bit in
- 12:35a strong and I thought we've been hard done by, so they
- 12:37message to say yeah kind of conversation.
- 12:40Ours are won't be attending. I'm not going so fond of your
- 12:44throat or developer am not going.
- 12:46Anyway the next edit email to say where do you want us to send
- 12:48your trophy to you've what? And I wasn't you idiot.
- 12:51You stupid like like just drop the ego.
- 12:54Why didn't you go? You missed it?
- 12:56So yeah we actually got send your word in a post and attend.
- 13:00Amazing, Accolade for the agency.
- 13:03Estimates are all the hard work that's gone in over the last
- 13:05five years and now it's really given us the foundation to kick
- 13:10on again, okay. And that's the thing that was
- 13:12this back to this Relentless Pursuit and this Obsession for
- 13:14scaling, the agency, great, we've done that.
- 13:17What's next and that can be healthy, that can also be
- 13:21incredibly unhealthy because a personal value for me is all
- 13:24around growth, and growth can be great.
- 13:27Growth can also be a problem too far.
- 13:29It's growth, can be an issue. Okay, we have to balance.
- 13:32Now, is what's right for the agency, versus what's right for
- 13:35Nathan? Yeah, for Nathan is growth
- 13:37growth growth and all exciting. What's right for the agency is
- 13:40not so much growth because actually last year we think
- 13:44we're 35% 40% over Target conditional.
- 13:47We said less is more month one. We're about 90% over Target.
- 13:51So it's like, okay well we need to slow down.
- 13:53We need to not grow so fast, but the opportunities get coming and
- 13:56it's really something. So then you resource for them,
- 13:58etc, etc. So yeah, that's kind of running
- 14:02up to how we got to the awards, we won the awards, fantastic.
- 14:05And now that's been a great stepping stone to bring some
- 14:08brilliant brands on board that have seen the Accolade.
- 14:10The one thing I would say in hindsight is people look at the
- 14:13award and they put you on a pedestal.
- 14:16Yeah, you're the European e-commerce ages of the year,
- 14:19which means for the agency. There's a massive focus on
- 14:21delivery. Okay, you have to get it right
- 14:24and in life people, go to work. They try their best but the
- 14:28human they make me. States.
- 14:30Again, I'm not excusing people to make loads of mistakes for
- 14:33sure, but at the same time, people are human and they do
- 14:36make mistakes. And I myself have to constantly
- 14:39remind myself that. No one comes to work to do a bad
- 14:42job, okay? They're all doing their best.
- 14:45Try as we might sometimes people drop the ball and that to me
- 14:49really gets me because a lot of this stuff I feel and take
- 14:52personally and back to this Obsession.
- 14:54Yeah. If someone I think it can be the
- 14:56most basic thing I'd say, don't put a full stop at the end of
- 14:58the sentence, whatever. It's going to be.
- 15:00I just take it, personally, I just I just feel like it's a
- 15:03feeling we could do better and you're constantly striving quite
- 15:06tough to work for on hindsight. You know.
- 15:11I think I certainly wouldn't share it kind of public with the
- 15:15team. I would never say I like what
- 15:17you've done that for blah blah blah.
- 15:18No just yeah. If I miss the full stop.
- 15:21Yeah. Yeah.
- 15:21I've never I've never be calling someone at the office by myself.
- 15:28We don't do that again. An incredibly High bar.
- 15:31And so, when things are not at that high bar, you feel that,
- 15:34you know, there's something amiss.
- 15:35It's not, right? And I thought of you both, if
- 15:37you roll it back to the childhood, you look at the kind
- 15:39of growing up in a hotel excetera, The Experience starts,
- 15:43the moment, I guess, pulls down the drive.
- 15:45Okay, so you've got to think so for me, I'm in the sales, but
- 15:48I'm at the foot and let's start some, give it that lovely
- 15:50experience. I would you like a cup of tea on
- 15:52a rival? Come here to chocolates and
- 15:54biscuits. Hope your journey was alright,
- 15:55let me carry your bags. Yeah, I need to make sure the
- 15:58second they check into that room.
- 15:59It's also spotless and then when they have been coming for
- 16:02dinner, the food prep, nicely and everything else.
- 16:04And that's when we I use a lot of restaurant and food analogies
- 16:07in the agency because I think there's a lot of crossover.
- 16:10Yeah, I got you and it's interesting when you look at the
- 16:13journey, I mean again not for an.
- 16:17I don't know if you've got offices in London but for not a
- 16:20headquartered agency in London where you know the predominant,
- 16:24the majority of the agencies are you've got some really big
- 16:27customers snugs feeling. La Juicy Couture and some really
- 16:32nice up and gramming up-and-coming Brands as well,
- 16:36which are again, hadn't had no idea but like Tyler when I was
- 16:39looking what they're doing, super cool, but what do you put
- 16:43that down to in terms of you must have gone through a journey
- 16:46of, you know, small medium-sized Enterprises to now, large
- 16:50Enterprises. And if you can give us a an idea
- 16:53of the, the turnover. So what did you start at what
- 16:57type of turnover? Where these Shopify?
- 17:00Stores doing. And what is the turnover that
- 17:03you're getting? Now, of course.
- 17:05So I'd say three years ago, just before the pandemic we're doing
- 17:09Shopify sites and we get an approach from a brand called
- 17:11Bremen watches, okay? It's a beautiful brand, a
- 17:14beautiful story, and they were looking for Shopify store in six
- 17:17weeks, and I'm sure like many people like yet will do it.
- 17:20No problem, what an opportunity absolutely work through the
- 17:23night to get it done. Delighted with the end product,
- 17:25launches like cetera. We then fast forward and
- 17:29actually really that all of a sudden we've got what if you can
- 17:31do for bream on, you can do it for us.
- 17:33Okay, so there's a bit of a stamp of approval.
- 17:34But at the same time by and large, we were doing standard
- 17:37Shopify bills between 5,000 and 15,000 pounds, okay?
- 17:42And the revenue wise, they're probably doing 250 to a million,
- 17:46okay, 2050, cater minute, we then start picking up a couple
- 17:50of other brands and normally what's called on a retainer,
- 17:53like a economic growth package, but ongoing support again,
- 17:56obsess over marginal, gains conversion rate.
- 17:59Purchase average, order value. Okay.
- 18:02There are three things are really want to hang our hat on.
- 18:04So we start picking up some other brands, so we win a brand
- 18:07called taller, which is fantastic.
- 18:09Really up-and-coming brand, I've been a client of ours, with last
- 18:11couple years. Amazing brand to work with
- 18:14really exciting business. We've when Miley Cosmetics,
- 18:18they've been amazing. We took them off magenta and
- 18:20brought them into Shopify. We then got the opportunity to
- 18:22work with snug sofa. We then start working with Juicy
- 18:25Couture, and Magnum boots and high-tech and Feeler and Toddler
- 18:29actually, they build a business on these kind of drops.
- 18:32So today what you'll see is at 12:00 midday, Tyler a dropping a
- 18:35brand new range and it's all off the back of their founder.
- 18:38A really inspirational lady could Grace, Beverly credible
- 18:41job at Tyler. And so, they're launching this
- 18:44new rates today. So that's what you see.
- 18:46But then we started picking up Brands and then we want Beaver
- 18:49Town Brewery and I'll never forget, it was actually just a
- 18:51Christmas just gone, we won four new brands in four days and we
- 18:56document everything we do on LinkedIn.
- 18:58Because I've come from a very ordinary background and I want
- 19:01to show to people. If I can do it, anybody can do
- 19:03it. So, when a document, the journey
- 19:05from the moment we start, hopefully the moment we exit and
- 19:08so Beaver town. We one just before Christmas and
- 19:11now it's the new year was super excited.
- 19:13The team already excited, we're doing some great work with them.
- 19:16All of a sudden the standard business size goes from five to
- 19:20fifteen thousand projects. We're now doing pretty minimum
- 19:23spend twenty five thousand right through 250,000?
- 19:27Yeah, I think actually the minimum turnover for the
- 19:30business now is normally a million in Revenue, right?
- 19:33Okay. So one to 10, 10 to 100 and then
- 19:36100 million plus. We normally we've got probably
- 19:3820% of our clients had sent to a hundred eighty percent of our
- 19:41clients, a one-step Mel, just taking it back to your
- 19:44customers. What do you think?
- 19:46What's the thing that they love about you in terms of in that
- 19:49sense? You mentioned the three metrics,
- 19:51right? That they are looking to get
- 19:53conversion. Sorry, I missed the first one.
- 19:55Who's I'm going to generate repeat, purchase an average
- 19:57order value. So essentially, if you distill
- 20:00it down, what we're trying to do is grow the economy store, okay?
- 20:02Now, what we don't do is we don't drive traffic.
- 20:05So one thing, I think the clients love is that we have
- 20:08this dedication to something, and we do it very well, which is
- 20:11design, build and conversion rate optimization of Shopify
- 20:14stores. Okay.
- 20:15If you want WordPress, if you want weeks, if you want Magento,
- 20:19fantastic, go over there. It's not right for us.
- 20:22Okay? So we're very clear on what we
- 20:23stand for. That allows us to create
- 20:25operation efficiency with the agency and something we're
- 20:28always looking to refine and improve.
- 20:30Yeah. But then you think okay for the
- 20:31client we then have this unique methodology which takes them
- 20:35through about 40 points which is around a Kate.
- 20:38What are you doing around Returns?
- 20:40What you doing around loyalty? What are you doing right next to
- 20:42mess? What are you doing around email?
- 20:43Where you doing around upsell cross-sell?
- 20:45Links, Etc. Yeah and then, you start
- 20:48building out the tech Partners to match those boxes.
- 20:51Okay? So let's say you've got 40
- 20:53boxes, you've got rather than Tech Partners in each and then
- 20:57we start educating the client. So you put together a 90-day
- 21:00plan and you say, Alex your business, you've set that with
- 21:03me and said Nathan, I'd like to take this business to 20 million
- 21:06pound next year. Currently 14, we want to see how
- 21:10we can do that. And they lean on us to say,
- 21:12actually what we could do is if we took average order value from
- 21:1426 pounds, 229 pounds. Yeah, well, based on that amount
- 21:18of sales that takes you to 17 million, so you're getting
- 21:21closer now. If we improve repeat purchase
- 21:24of, people are buying one and a half times or two times rather
- 21:27than 1, we get even closer and we turn the leader further and
- 21:30then if we take conversion rate from 2 point, 2 to 2.5, Bob's
- 21:34your uncle, there's you 20 million.
- 21:35So we kind of just take the drum, take a bit more of a
- 21:38scientific approach. I mean there's massive tool.
- 21:40Can the agency ecosystem about Pro activity rather than
- 21:43reactivity? And I just ask that we walk the
- 21:45walk. Right.
- 21:46Like okay, you have a set hours each month.
- 21:48You have a 90-day roadmap, we deliver against the plan, you
- 21:51map it all out right now, ability you do it, you measure
- 21:54it you test it and then you grow with the client.
- 21:57And as long as you keep grabbing the client they continue to have
- 21:59your normally far. Tend to find more hours and say,
- 22:02well this is great but actually we don't want 40.
- 22:04I was next month. We want 60 because we want to do
- 22:06something else, you want to try this.
- 22:08And now our job is to stay finger on the pulse in the
- 22:10industry, which is why we do so much to the community stuff.
- 22:13Yeah. Because you need to be at the
- 22:15absolute Cutting Edge of where e-commerce is going.
- 22:18Okay, so there's nine thousand apps and the Shopify ecosystem.
- 22:21I can't possibly know the mall or befriend them all, but at the
- 22:24same time, the core players I want to be having coffee with
- 22:28lunches with dinners with when they have new releases when they
- 22:30have better features. I want to first on the cube.
- 22:33Okay, I'll clients benefit and then our clients go.
- 22:35Well, I'm going to go with this agency because not only do they
- 22:38have this obsession over marginal gains but actually they
- 22:41really care about us. They're constantly think about
- 22:43us. We're getting access to new
- 22:44features. We are getting ahead and staying
- 22:47ahead of the competition and that's where I want us to be got
- 22:50you. So, there's a couple I'm going
- 22:52to ask you about the future of e-commerce in a minute.
- 22:55But I've got a personal question.
- 22:57So I had to do a talk about e-commerce a couple of years
- 23:00back. And one of the points that I was
- 23:03trying to make, and it sort of came up, but your event and I
- 23:06just want to sort of, get your thoughts on it.
- 23:08So, one of the examples I use, I recorded my journey on a Well,
- 23:16known platform trying to buy a camera, right?
- 23:20And, and my point that I was making, I don't have you seen
- 23:22the Interstellar movie? No, I don't think so, right?
- 23:25So, Interstellar Earth's dying. They need to find a new planet.
- 23:28They find a plan. They go to a planet called
- 23:29Miller's planet on Miller's Planet.
- 23:32It's like dog years one minute on Earth.
- 23:35Sorry, one minute on that planet is equivalent to 7 years on
- 23:38Earth. My equation was I felt that
- 23:42e-commerce was in that sense. Right.
- 23:44One minute on your website. It is like equivalent to 7 of my
- 23:47personal minutes. So, unless engagement is there,
- 23:50then it's going to be very rapidly, become tedious for me,
- 23:54and then the second point was just as the way and this is the
- 23:58point that someone may not forget if it was you who you
- 24:00know, just as the way that catalog business has died, you
- 24:04know, like the Argos catalog or case catalog, you had thousands
- 24:07of pages of product, it didn't really die.
- 24:10All people did was scan it and put it online and then hope some
- 24:14video will create Interesting engagement and that's where I
- 24:18felt that e-commerce is challenged and not ability.
- 24:23Its ability to respond to physical retail lacks that
- 24:27element and but when then I'm just curious what just on that
- 24:31point. What are your thoughts?
- 24:33I think it's a brilliant question.
- 24:34I think that the one thing I'm seeing in particular is the
- 24:38mainly around personalization, okay and one thing we've lost,
- 24:41when it comes to omni-channel retailing is the offline.
- 24:44We can give that experience of You can go over, you can ask
- 24:47questions, you can look after people, you can get to know
- 24:49them, you can see them, you can style them except ra now ai and
- 24:53technology is moving at such a rate that they are trying to
- 24:57replicate this experience. Okay.
- 24:59So if we almost did a bit of role play and said okay I've
- 25:01walked into the store, I visited the website, we're onto similar
- 25:05Journeys, ones offline ones online someone's asked me how my
- 25:08day was day is in store. Your chat box has popped up from
- 25:13gorgeous or someone similar said how's your day?
- 25:15Okay, match the experience. Someone has come over to me in
- 25:20the store and asked if I can help with anything fine we can
- 25:23deliver a prompt online. We've got a similar experience,
- 25:26someone is now look to me and said I think you would look
- 25:29great in this and this is where we're starting to struggle.
- 25:32Okay. Online is how does the website
- 25:34know this person's preferences? This person's sizing this
- 25:38person's color preferences, etc, etc.
- 25:41And now you've got certain tools and Chrome extensions and all
- 25:45sorts that. Can say actually I know, based
- 25:47on your behavior that you're a size, six shoe that you love the
- 25:51color green that you like certain dresses and that you
- 25:54don't like, I don't know. Pleated skirts.
- 25:56But you do like something over here, therefore, I know that
- 25:59actually you're going to like this type of product so in its
- 26:03simplest sense, online, you get tools like segments.
- 26:05If I another personalization engines read by both of which
- 26:08were at the top. We went to the essentially
- 26:11saying if you're a male you're going to see this website.
- 26:14And if you're a female, You're going to say that on site data
- 26:17that they're using to build their models or off-site data as
- 26:20in. Yes.
- 26:21A good question. I think they very leave.
- 26:24Most of it is on site and therefore, the first experience
- 26:27you have, obviously is a little bit of learning and then it
- 26:29starts with that. It goes.
- 26:31However, I am believing that more and more of these tools.
- 26:34It taking off site experiences to then try and inform what the
- 26:37cap. So, I think the way in which we
- 26:40do this particular in this cooking this world as well or
- 26:42the this challenge around data and Privacy.
- 26:47That's a real challenge, right? Because in store, we can still
- 26:50use our eyes and we can use common sense except ra online.
- 26:53We've got these blockers and these hurdles to be able to say
- 26:56action when a personalized experience, you know.
- 26:58So that to me is where actually the web needs to go.
- 27:02Is how do we really complete that journey and then you've got
- 27:04the post purchase bit. So let's say you go to the till
- 27:07or you go to the checkout. You having small talk at the
- 27:10till exception of the chance for an upsell we can do that on a
- 27:13classic similar. Yeah.
- 27:14Then it's the then it's the Boxing experience, then it's the
- 27:17after cell. Then it's the email to say thank
- 27:19you so much. Then it's the little touch, the
- 27:21surprise and Delight, which is when you install, you ask when
- 27:24their birthday was. And when their birthday came,
- 27:26they got a card and a little cake.
- 27:28Why did you do that online? You have to collect that detail
- 27:31detail. Sometimes you have to feed it
- 27:32into the CRM into a clavia or something similar.
- 27:35So I believe we've still got a little way to go to properly
- 27:39deliver a real omni-channel experience.
- 27:42Yeah. But you think the pandemic is a
- 27:44lot of talk about this. We probably move 30 years from
- 27:49where we were in terms of e-commerce in three.
- 27:51Yeah, just everything exploded right?
- 27:54Think is what happened with your Amazon's of the world?
- 27:57And people like that is we suddenly expected all our
- 28:00expectations just tell next, right?
- 28:03Everything was, I want it and I want it now and I'm going to use
- 28:06prime. I'm going to have it.
- 28:08I'm going to order in the morning by evening.
- 28:10I'm going to have it and now you take that and you look at all
- 28:12like Bodo or something like that where you can now have Same-day
- 28:16delivery within something like Shopify.
- 28:18Right? Yeah.
- 28:19Goodness. And catchment you want to buy
- 28:20something you can be with you this afternoon.
- 28:22I think people's patience is certainly changed from the
- 28:27lockdown. In my appearing in people's
- 28:29expectations. Have massively shifted.
- 28:31Yeah. Well, now that it's the first
- 28:33time in online history that retailers are passing back, the
- 28:38charges were returns, which is a whole nother conversation.
- 28:42I'm just conscious of time. So you mentioned, you know,
- 28:45you're looking. At 3,000 different plugins, you
- 28:47can't be experts in everything. Yeah, I'm just curious.
- 28:50You mentioned some of the challenges of e-commerce, you
- 28:52know, like the omni-channel experience.
- 28:54Where do you see the future? What does that look like for
- 28:57you? I think it's going to be that's
- 28:59got to be started with the AI conversation.
- 29:01You look at the chat to be teased at our world Shopify just
- 29:03really something called Shopify editions.
- 29:05Now, like I say, when I talk about obsessing over over
- 29:08Shopify and growth of the agency, when the platform you're
- 29:10supporting drops, 100 new features almost twice a year.
- 29:14You're like, wow. It's a lot to keep on top of not
- 29:17to mention all the nine thousand apps that molten and they're
- 29:20always evolving Etc. So, the first thing is around AI
- 29:24chat, gbt Shopify of releasing called Shopify, magic, which is
- 29:27allowing people to kind of have their own product descriptions
- 29:30written. Okay.
- 29:32You then start thinking about content, and how we can make
- 29:35sure that within Shopify has made a massive transition
- 29:39towards a B2B, and I will see far more retailers using beta be
- 29:43more as an opportunity to channel.
- 29:46Of all the things I'm really excited about in the next 12, to
- 29:4918 months is how many more Brands go down the route of
- 29:51internationalisation I think with brexit a lot of businesses
- 29:55certainly here just paused and we little uncertain and what to
- 29:57do with cetera. Yeah I was starting to say
- 30:00actually with someone like an out of our has avalara to
- 30:04understand the taxation rules, Etc with Shopify plus and our
- 30:08expansion stores or which Shopify markets.
- 30:10And now markets Pro coming down the line suddenly selling in
- 30:14localized. Languages with relevant,
- 30:17currencies is not difficult, right?
- 30:20So actually the barriers to entry are reducing you.
- 30:22Then look at the Fulfillment options and before we know it
- 30:26we're in a world where little old Johnny is doing x amount of
- 30:29Revenue in the UK but actually they're doing great revenues in
- 30:32Australia. Some in Asia and there are
- 30:34Global business goddamn it. That's what I expect to see in
- 30:37the next 12. To 18 months is for more round
- 30:40Ai and automation a lot more round operation efficiency now
- 30:44does this mean redundancies? Within retailers, I don't think
- 30:47so. I think it means reallocation of
- 30:49resource to say, actually we don't need someone now to be
- 30:52writing product descriptions day in day out.
- 30:54They can you go and change their role and drive growth in the
- 30:57business in another way. So I think that's really
- 30:59healthy. I also would just err on the
- 31:02side of caution that your chatty beauties of the world.
- 31:04Aren't just going to solve things overnight right now.
- 31:06There's, we were talking last night at dinner.
- 31:08That Google can see what's been written by person versus a bot
- 31:12excetera. So, actually you have the base
- 31:15PG, Jep chats GPT will give you a base 17 of the content, fine,
- 31:20but if you're not changing it and making it your own excetera,
- 31:23then actually, it's just a bit of a black magic kind of hacked,
- 31:28and I think you'll get found out.
- 31:30So yeah, AI internationalisation the rise of beta.
- 31:34B. And really exploring whole says
- 31:35our Channel, I think is what we're going to see more and more
- 31:37of analects 18 months. And certainly from the leads
- 31:39we're seeing coming through, that's the flavor of what people
- 31:43looking at the only other thing I would mention is that The the
- 31:45whole no code Revolution, should I think more and more people are
- 31:49saying, like, Shopify 2.0 was rolled out which made everything
- 31:51from 1 modulo, great for split testing, that was a huge step
- 31:55forward and it made that are on retainer with an agency.
- 31:59You're getting them to do stuff that's going to drive growth as
- 32:01opposed to changing layouts of pages.
- 32:04Etc. The one thing I would say is
- 32:07that now, yeah, there's this whole model of agency to client
- 32:11relationship. I think clients have for getting
- 32:13far more Savvy and saying actually agency if Going to be
- 32:16with me for 20 hours. 40 hours, 6 hours, a month, whatever it
- 32:18is. Yeah, he's some kind of return.
- 32:20I'm going to touch and keep your eyes totally cetera.
- 32:22So a really exciting time for the world of e-commerce.
- 32:25People are going to be constantly bringing out new
- 32:28features. Consi trying to jump on the
- 32:29bandwagon of the next big thing Etc.
- 32:32But I really encourage people not to lose sight of the core
- 32:34principles of average order value, repeat purchase and
- 32:36conversion rate those three on going away anytime soon.
- 32:40It's a wonderful moment to end the the show on but I do have
- 32:45one final question. It's again, a personal one and
- 32:48I'm curious on your experience. Does dwell on a website increase
- 32:55conversion or not and I know that's subjective.
- 32:59But is there a correlate? Have you seen a correlation of
- 33:02it? I haven't and I would say no.
- 33:07And the reason I would say no is you I've had a couple of clients
- 33:09with configurators and there's a lot of talk about gamification,
- 33:14and we use a great tool called a DT.
- 33:17That's all really exciting. But sometimes they're a little
- 33:20bit gimmicky and the amount of people that particularly look at
- 33:23the car model. They'll build most unbelievable.
- 33:27Porsche how many people then go and buy said, Porsche ever sees
- 33:32dollar signs look around and get all engrossed by giving it a
- 33:35crazy trim and lovely exterior, excetera.
- 33:38Yeah, and then do nothing with it.
- 33:40So, yeah, for me, I still encourage all cut.
- 33:45All of our clients as much as possible to not forget that.
- 33:48Yes, we want to give people the opportunity to have a great
- 33:51experience online and we want them to read content and we want
- 33:54to educate them except Surah when it gets the Crux of it.
- 33:58We will get a to B as quickly as possible case.
- 34:02How can we get them from? Landing page, but that's product
- 34:04page collection page or home page through the checkout and
- 34:07Shopify release one page checkout.
- 34:09So we've attached less seem less friction, less or less friction
- 34:13more frictionless. Essentially, how do you get them
- 34:16from A to B as quickly as possible and turn them from a
- 34:19one-off customer to repeat customer into a raving fan and
- 34:22brand Advocate. That's still so important
- 34:24brilliant. What a great way to end Nathan.
- 34:27Thank you so much. Thank you again.
- 34:29Take care.