Well, hello and welcome to the e commerce podcast
Matt Edmundson:with me, your host, Matt Edmundson.
Matt Edmundson:Now this is a show that's all about helping you to deliver e commerce well.
Matt Edmundson:And to help us do just that, I'm chatting with my very special
Matt Edmundson:guest today, Ian Hammersley.
Matt Edmundson:From the Hammersley Brothers, from Smart E Business, he's, they've
Matt Edmundson:literally written the book they have.
Matt Edmundson:And we're going to be talking about how to scale e commerce beyond the magic wands.
Matt Edmundson:And quick fixes.
Matt Edmundson:Oh, yes.
Matt Edmundson:But before we get into that, dear listener, let me encourage you,
Matt Edmundson:if you haven't done so already, to sign up to the newsletter on
Matt Edmundson:the e commerce podcast website.
Matt Edmundson:Just head over to ecommercepodcast.
Matt Edmundson:net.
Matt Edmundson:And sign up for it, and we'll send you all the show notes,
Matt Edmundson:links, and all that sort of stuff.
Matt Edmundson:All free all to magically.
Matt Edmundson:It's awesome.
Matt Edmundson:So make sure you do that.
Matt Edmundson:And also let me give a big shout out to today's show sponsor.
Matt Edmundson:You've guessed it e commerce cohort.
Matt Edmundson:If you would like to know more about our monthly mastermind, our
Matt Edmundson:monthly membership do come and find out more e commerce cohort.
Matt Edmundson:com.
Matt Edmundson:All the information is there.
Matt Edmundson:Everything you could possibly want.
Matt Edmundson:Everything you could possibly want to know is all there.
Matt Edmundson:So check it out.
Matt Edmundson:Come join us.
Matt Edmundson:We'd love to see you in there.
Matt Edmundson:And as part of being on the cohort, one of the new features is we live stream
Matt Edmundson:the recording of the podcast into cohort.
Matt Edmundson:So you can come and listen to our live recordings like with amazing
Matt Edmundson:people like Ian, and you can get to ask your questions too, which is.
Matt Edmundson:thAt's just super, super important, isn't it, really, because you want to know,
Matt Edmundson:you want, you've got your questions, so if you're in Cohort, come and ask
Matt Edmundson:those, do join in on the live streams.
Matt Edmundson:Now.
Matt Edmundson:Before we get into the conversation, I was just saying to Ian, actually, before
Matt Edmundson:we hit the record button, that it's great to actually finally get to meet.
Matt Edmundson:He is a fellow e commerce podcaster, uh, the Hammersley Brothers podcast
Matt Edmundson:the e commerce podcast with those guys is definitely worth checking out.
Matt Edmundson:But actually It's it's one of those things where the person that connected
Matt Edmundson:us is actually Oliver Spock from Sweet Analytics, which is fascinating.
Matt Edmundson:Oliver's been on the show he's been in cohort as well.
Matt Edmundson:Legend of a guy.
Matt Edmundson:Thanks for the connection, Oliver.
Matt Edmundson:And if you want to know more about Sweet Analytics, check out sweetanalytics.
Matt Edmundson:com.
Matt Edmundson:It is a great little thing going on there.
Matt Edmundson:In fact, we're playing around with Sweet Analytics on one
Matt Edmundson:of our own e com businesses.
Matt Edmundson:As I read this.
Matt Edmundson:So there you go, check it out.
Matt Edmundson:Now let's talk about Ian.
Matt Edmundson:Ian is a standout entrepreneur, celebrated as a finalist for the Great
Matt Edmundson:British Entrepreneur Awards in 2014.
Matt Edmundson:And with a knack for e commerce, he enthralls global directors of
Matt Edmundson:mammoth online keynote speeches, while his best selling book, The
Matt Edmundson:Ultimate Guide to e commerce growth showcases his seasoned strategies.
Matt Edmundson:Beyond Print, Ian co hosts the Buzzin Hammersley Brothers e commerce
Matt Edmundson:podcast, sharing e commerce gold with thousands worldwide every week.
Matt Edmundson:So if you're an e commerce, go check it out, go subscribe
Matt Edmundson:because it's a great show.
Matt Edmundson:I listen which is important.
Matt Edmundson:Ian, great to have you on the show, man.
Matt Edmundson:Finally we get to have this conversation, so I'm super excited.
Matt Edmundson:Great that you're here.
Matt Edmundson:How are you doing?
Ian Hammersley:hEy Matt, I'm really good.
Ian Hammersley:I'm really good.
Ian Hammersley:I haven't met, you recorded all that.
Ian Hammersley:I thought you did that as an after take.
Ian Hammersley:That's all like a live recording, isn't it?
Ian Hammersley:All your intro, your music.
Matt Edmundson:Yeah, everything.
Matt Edmundson:I'm impressed.
Matt Edmundson:I don't know if I would be here when you hear it back.
Matt Edmundson:But no, we tend to do it all in one take, which is good and it
Matt Edmundson:keeps it all a little bit fresh.
Matt Edmundson:It is easy.
Matt Edmundson:Yeah,
Ian Hammersley:it is easy.
Ian Hammersley:You know what, it's great to be here, Matt.
Ian Hammersley:And like you, I listen to your podcast and we were just saying before.
Ian Hammersley:When I'm pretending to work out at the gym, I put your podcast on.
Ian Hammersley:Is that where you generally
Matt Edmundson:listen to podcasts?
Ian Hammersley:Sit there doing my little walk on the treadmill.
Ian Hammersley:Yeah, listening to your your e commerce.
Ian Hammersley:No, it's great.
Ian Hammersley:It is great to be here.
Ian Hammersley:Yeah, I'm excited to get, let's get going.
Ian Hammersley:A wonderful briefing as well for our podcast, e commerce gold.
Ian Hammersley:That's...
Ian Hammersley:It's two, two old blokes,
Matt Edmundson:two old brothers chatting, that's basically what it is.
Matt Edmundson:Two old blokes chatting about e commerce.
Matt Edmundson:But your, the thing I love about your show is you're in Manchester, right?
Matt Edmundson:Yeah.
Matt Edmundson:And your brother, Mark, he's in New Zealand.
Matt Edmundson:New Zealand, yeah.
Matt Edmundson:So this is this a case of the brothers just, we get on but we don't want
Matt Edmundson:to be anywhere near each other?
Ian Hammersley:hE married a Kiwi, that's what he did, let's face it, if he wasn't,
Ian Hammersley:if he wasn't working with my brother...
Ian Hammersley:Either said bye, when your business partner says, Oh, I'm going to
Ian Hammersley:go and I'm going to move across the other side of the world.
Ian Hammersley:He said, this is a problem.
Ian Hammersley:Yeah.
Ian Hammersley:But we managed to, interestingly, the podcast came about
Ian Hammersley:because we're 12 hours apart.
Ian Hammersley:So he was driving into work.
Ian Hammersley:And I was driving home from work and we would start chatting in the car
Ian Hammersley:about e commerce because of obviously what had happened during the day.
Ian Hammersley:And so it was very natural.
Ian Hammersley:That's what happened.
Ian Hammersley:We ended up just starting to record those conversations and that's where
Ian Hammersley:the podcast came from, which was.
Ian Hammersley:As I say, when you go back to some of the early episodes,
Ian Hammersley:you're like, Oh, dear Lord.
Ian Hammersley:This is very low tech.
Ian Hammersley:This is not good.
Matt Edmundson:Yeah.
Matt Edmundson:It's fair to say that I'm with you, brother.
Matt Edmundson:I, some of our earlier part, we were saying before we hit the record button,
Matt Edmundson:there are people that reach out to us and we do, I'm sure that you're the
Matt Edmundson:same way and you love to hear from the audience and people connect with me
Matt Edmundson:either on Instagram usually or LinkedIn and they say, Hey, listen, love the show.
Matt Edmundson:But every now and again, somebody says to us, Oh I'm loving the show.
Matt Edmundson:I decided to start at episode one and work all my way through
Matt Edmundson:and we're like, I'm really sorry.
Matt Edmundson:Those first few episodes I don't know how you guys did it.
Matt Edmundson:I've not heard your I should probably go back and listen to
Matt Edmundson:your early episodes, but for me.
Matt Edmundson:Please don't.
Matt Edmundson:And what I did was I just literally grabbed a microphone and just
Matt Edmundson:started spouting about e commerce.
Matt Edmundson:Just anything that I knew just came out of my mouth.
Matt Edmundson:There was a little bit of a structure, but nothing more than that.
Matt Edmundson:And I think I got to about episode 19 and I said to the team, I
Matt Edmundson:said, listen, I'm really bored of the sound of my own voice here.
Matt Edmundson:So that's when we made the permanent switch to doing the interview
Matt Edmundson:style podcast, which was great.
Ian Hammersley:Yeah.
Ian Hammersley:It's got better.
Ian Hammersley:Yeah, no, it's funny.
Ian Hammersley:And when when you start doing your podcast and like when, the book we
Ian Hammersley:wrote, obviously, you put in all this effort and you think literally no
Ian Hammersley:one's listening at all, so you don't really know how it's going to develop,
Ian Hammersley:but obviously over time the ramblings of things start to take shape and you
Ian Hammersley:form this sort of structure as you go.
Ian Hammersley:In some respects it's a philosophy of business really, is that, you don't
Ian Hammersley:let perfection get in the way of good.
Ian Hammersley:And people in e commerce, bringing it back to e commerce, who who try
Ian Hammersley:to get everything absolutely perfect, sit themselves in a, in a dark room
Ian Hammersley:somewhere for six months and then emerge thinking they've got it cracked and
Ian Hammersley:obviously the market's moved on and how e commerce works, it's almost like
Ian Hammersley:everything's in beta, you're testing.
Ian Hammersley:All the time and eventually, you get better and it's the
Ian Hammersley:same thing with everything.
Ian Hammersley:The podcast and any business really.
Matt Edmundson:That's such a good way of putting it.
Matt Edmundson:Always in beta.
Matt Edmundson:E commerce is always in beta and I like that.
Matt Edmundson:I might steal that, if I do, I'll try and remember to give you the credit.
Matt Edmundson:But e commerce is always in beta and it, and you're right, we've all always got
Matt Edmundson:to Learning, always got to be improving, always got to be iterating, and that
Matt Edmundson:desire for everything to be just bang on perfect before you do something
Matt Edmundson:is quite a common desire, I think especially with people starting up, right?
Matt Edmundson:If they're starting out or if they're re platforming their website, everything has
Matt Edmundson:to be just so before they do it and it, I think you're right, I think by the time
Matt Edmundson:you've launched that perfect website, it's
Ian Hammersley:out of date, right?
Ian Hammersley:Yeah.
Ian Hammersley:And and I think it's a danger throughout every phase of e commerce, right
Ian Hammersley:from the, from starting, but also the ones that are doing, much bigger, 20,
Ian Hammersley:20, 30 million plus, and it's like the danger of shiny distractions.
Ian Hammersley:And I think that, that is the fundamental thing that.
Ian Hammersley:Probably I've spent the most, I've been working in e commerce now for over 20
Ian Hammersley:years and the thing that, that I've focused on or seen is how you navigate
Ian Hammersley:through the shiny distractions of e commerce, because our industry is like...
Ian Hammersley:It's not like an accountancy industry or, a lawyer, solicitors
Ian Hammersley:where, it's been practicing for hundreds and hundreds of years.
Ian Hammersley:E commerce is literally embryonic.
Ian Hammersley:And so this, and it's moving so fast, it's like doggy years, and so if, if
Ian Hammersley:you spend six months doing something on your e commerce site, you're, and you
Ian Hammersley:think it's going to move the needle.
Ian Hammersley:And you get it wrong, it doesn't, you've like, all your competitors
Ian Hammersley:have just accelerated ahead.
Ian Hammersley:So I think it's knowing, because there's so much you can do and there's so many
Ian Hammersley:things that you can plug in and so many things you can focus on, Average
Ian Hammersley:Order Value, Lifetime Customer Value, Widget Plugins, all sorts of new tech,
Ian Hammersley:and you're like, what and how do I do?
Ian Hammersley:And it's knowing what to do and having a framework for taking That
Ian Hammersley:emotional, emotion out of it and coming up with the rationale to
Ian Hammersley:actually, have a clear, concise path.
Ian Hammersley:And, I think that's generally what most people will struggle with, is that scatter
Ian Hammersley:gun approach that's all over the place and it's I just, I know what I need to
Ian Hammersley:do, but I don't know what order I need to do it in, because if I get it wrong...
Ian Hammersley:A could be loads of money, but also it's time is the biggest worry, isn't it?
Ian Hammersley:I think.
Ian Hammersley:Yeah.
Matt Edmundson:You lose.
Matt Edmundson:Yeah, you're right.
Matt Edmundson:It's I like the analogy with the accountancy company because they, like
Matt Edmundson:you say, they've had years, centuries to perfect in effect what they're doing.
Matt Edmundson:They've got software to help them now, but in effect it's a
Matt Edmundson:ledger with two columns, right?
Matt Edmundson:So it's what they, I did accountancy at university.
Matt Edmundson:The rules haven't changed.
Matt Edmundson:It's just, it is what it is,
Ian Hammersley:we don't want to offend any accountancy firms, do we, but no,
Ian Hammersley:there's no sort of rule book for how you run your e commerce store really as
Ian Hammersley:opposed to, the ways that the accountancy firms are structured, isn't it?
Ian Hammersley:And it's, yeah, and it's just, there's an overwhelming danger
Ian Hammersley:to, to do the wrong thing next.
Ian Hammersley:And, and, and I think the other thing that people find, I think, is to
Ian Hammersley:navigate your way through all of that.
Ian Hammersley:BS, really.
Ian Hammersley:Take the example I always give, take something like website speed.
Ian Hammersley:peOple think, or often, people hear people say, website speed, you've got to make
Ian Hammersley:it faster you've got to make the website faster and then people will repeat, it's
Ian Hammersley:going to, it's going to, it's going to really improve your conversion rate.
Ian Hammersley:And it's will it?
Ian Hammersley:Let's think about it logically, like if you've got a site that's loading
Ian Hammersley:at I don't know, three seconds, on average, like a three second page load,
Ian Hammersley:which is, like pretty, pretty average.
Ian Hammersley:And if you, if you make a website faster, is it going to magically pay?
Ian Hammersley:Make people buy.
Ian Hammersley:It's if you put a self service checkout, like a fast service, like
Ian Hammersley:Tesco checkout in a high end jewelry store, on the high street would
Ian Hammersley:that magically make people buy?
Ian Hammersley:No, of course it wouldn't, but it's it's these are the sort of things that are
Ian Hammersley:spouted out in our industry and people go, Oh, it's gonna, there's this magic.
Ian Hammersley:It's a thing that's going to make people buy and I think it's a lot of
Ian Hammersley:the work that I do with my brother is actually taking it right back down
Ian Hammersley:to the basic fundamentals of retail.
Ian Hammersley:If our business was a shop, on the high street, how would we lay it out?
Ian Hammersley:And why would we lay it out?
Ian Hammersley:And how would we get people in and navigating around the store?
Ian Hammersley:It's much, much simpler.
Ian Hammersley:It is.
Ian Hammersley:Think about it from that perspective.
Ian Hammersley:Yeah, it is.
Matt Edmundson:No, I like that because actually, for me, commerce is still a
Matt Edmundson:lot about old school principles, right?
Matt Edmundson:Technology's changing, the way people buy are changing, and
Matt Edmundson:we've got to keep up with that.
Matt Edmundson:But the principles of...
Matt Edmundson:How to deal with people, even online, are still pretty timeless, aren't they?
Matt Edmundson:And you still want to treat people properly, with respect.
Matt Edmundson:You still, there's all these things that you can think about.
Matt Edmundson:But we think because it's e commerce, those rules don't apply.
Matt Edmundson:So you do focus in on, Oh, I just want to get my site speed.
Matt Edmundson:I want to get that magic green number on the Google page speed test.
Matt Edmundson:And it's yeah, but if there's a fundamental problem with how you're
Matt Edmundson:connecting with people, how you're talking with people, the language you're using
Matt Edmundson:on the website, but I think I know which is the bigger problem to solve, yeah.
Ian Hammersley:It's I think, in some e commerce businesses speed.
Ian Hammersley:If you've got people are adding, 10 things to the basket, like a, like AB two B site,
Ian Hammersley:the speed just be to quite important.
Ian Hammersley:But like the average lifetime customer value, so the amount of times people
Ian Hammersley:shop online in a year in a typical e-commerce business is 1.2 times a year.
Ian Hammersley:It's like they're not coming to the site that often, like they're
Ian Hammersley:only buying 1.2 times in a year.
Ian Hammersley:Yeah.
Ian Hammersley:For them, they're not buying because the website's fast.
Ian Hammersley:They're buying because.
Ian Hammersley:They believe that, we've convinced them that there's our abilities there,
Ian Hammersley:that we've removed their anxiety, we've positioned the brand and actually believe
Ian Hammersley:that we're going to, we're actually going to get the product to us, that we want.
Ian Hammersley:And, that's why they buy.
Ian Hammersley:And I always think, going back to the analogy of e commerce,
Ian Hammersley:it is all about people.
Ian Hammersley:And if you're looking at your Google Analytics and you're looking at
Ian Hammersley:your sessions, like that's people.
Ian Hammersley:Okay.
Ian Hammersley:Apart from a bot, let's not talk about bots, but let, the
Ian Hammersley:sessions, it's people, isn't it?
Ian Hammersley:It's actually people coming in.
Ian Hammersley:And I always say.
Ian Hammersley:Imagine if your e commerce store was a physical shop on the high street
Ian Hammersley:and just close your eyes for a minute and just go imagine if someone, if
Ian Hammersley:I could see people coming into the shop and I might get people who, go
Ian Hammersley:over to a, a bunch of shelves and put something in the basket and then drop
Ian Hammersley:the basket on the floor and walk out.
Ian Hammersley:You could see this happening and then maybe some people would would go over to
Ian Hammersley:the till and they're about to buy and then they just leave the basket on the floor
Ian Hammersley:and then run out of the shop, or there was some people that were just about to
Ian Hammersley:put the credit card on the contact list and they just abandoned and then you
Ian Hammersley:end up like with all these empty baskets all over the shop and you'd have some
Ian Hammersley:people that had come in the shop and just walk out the door and it like, this is.
Ian Hammersley:This is how we break down the conversion rate, because it's like
Ian Hammersley:how many people add to basket?
Ian Hammersley:On average, it's about 10 percent should add to basket.
Ian Hammersley:And then of those people that add to basket, about 50 percent of
Ian Hammersley:them should go to the checkout.
Ian Hammersley:Yeah.
Ian Hammersley:And then about 85 percent of them who go to the checkout should actually buy.
Ian Hammersley:So if you think about, because if someone says to you, oh, get your
Ian Hammersley:conversion rate high, you just need to get your conversion rate high.
Ian Hammersley:It's it's completely pointless.
Ian Hammersley:It's like saying, be more successful, just sell more stuff.
Ian Hammersley:It's It's
Ian Hammersley:really irritating.
Ian Hammersley:So you've got to break it down to those things.
Ian Hammersley:And I think, what we often find as well is that in fact, true
Ian Hammersley:story, there's a business in Manchester, a fashion econ brand.
Ian Hammersley:That we're doing, we're pretty big, doing about 20 million and
Ian Hammersley:they wanted to improve their, they thought to improve their conversion
Ian Hammersley:rate, they'd improve the checkout.
Ian Hammersley:Let's improve the checkout.
Ian Hammersley:And they were obsessed over it, it took them about six months and spent a lot
Ian Hammersley:of money and time trying to make their checkout really slick and, roll it out.
Ian Hammersley:After six months of absolute blood, sweat and tears, and nothing
Ian Hammersley:happened, like no, nothing happened.
Ian Hammersley:There was no improvement to checkout whatsoever, no improvement to
Ian Hammersley:conversion rate, like the drop off was identical, there was no change at all.
Ian Hammersley:And when you look back and you go, obviously there wasn't
Ian Hammersley:going to be any change, because their checkout to order stats.
Ian Hammersley:Was already at 92% and the average is 84.
Ian Hammersley:So you're like, you're already way higher than average.
Ian Hammersley:But guess what's low?
Ian Hammersley:That like their add to basket stack was less than 4%.
Ian Hammersley:So they've got less than 4% of people running to basket.
Ian Hammersley:And you're like what?
Ian Hammersley:That's why you should spend your time.
Ian Hammersley:Yeah.
Ian Hammersley:At which then they did subsequently did spend the time and, they, they
Ian Hammersley:put a little bit of effort in there and they got the ad to basket up to
Ian Hammersley:about 6%, which was like revolutionary.
Ian Hammersley:They massively increased the conversion rate and I think they added like a
Ian Hammersley:couple of million quid, just by, and if they'd started looking at the how many
Ian Hammersley:ad to basket, how many go from basket to checkout and they looked, they see
Ian Hammersley:where the opportunity is and it's.
Ian Hammersley:Simple stuff like that, once you figure, once you understand that, you go, oh that
Ian Hammersley:makes sense, why are we faffing around, and the same thing about if it was a
Ian Hammersley:physical store, if you had a physical shop, you'd be like faffing around
Ian Hammersley:with the wallpaper behind the checkout.
Ian Hammersley:Because, you think that's going to make people check out better.
Ian Hammersley:Actually, it'd be far better to look at the fact that you, no one can find
Ian Hammersley:your bloody products in the first place.
Ian Hammersley:You No,
Matt Edmundson:this is all good stuff.
Matt Edmundson:And I'm busy taking notes in cause I, all very helpful.
Matt Edmundson:What sort of things then if we go through this, going back to the example of the
Matt Edmundson:company, their add to basket rate was 4%.
Matt Edmundson:Work on that.
Matt Edmundson:They increased it by 50%, 6%.
Matt Edmundson:What sort of things would, did they do, or would you recommend people do to it?
Matt Edmundson:If they're struggling there, how do we increase our
Ian Hammersley:add to basket rate?
Ian Hammersley:Yeah.
Ian Hammersley:So that particular business actually was very.
Ian Hammersley:tyPical of a lot of e-com businesses now that, if you break it down,
Ian Hammersley:so their add to basket was 4%.
Ian Hammersley:So that, so for them, we'd probably say, the average order
Ian Hammersley:value was about 80 pounds.
Ian Hammersley:Something like that.
Ian Hammersley:Yeah.
Ian Hammersley:So we'd say, okay, let's try and get your ba add to basket up.
Ian Hammersley:Let's try and really focus on it.
Ian Hammersley:So somebody like that, maybe about 8% and basically.
Ian Hammersley:Once you, if your ad basket is low, you have to look at where they're landing.
Ian Hammersley:So now the average amount of people that land on the product page,
Ian Hammersley:about 60 percent of a normal e com business land on the product page.
Ian Hammersley:So they don't go to the home, like 20 percent is home, 20 percent is category.
Ian Hammersley:And then 60 percent is product, so normally, and so the product
Ian Hammersley:page is the new landing page.
Ian Hammersley:And then you look at the fact that, how much was mobile, how much was desktop,
Ian Hammersley:and this particular business is 75 percent was mobile, and so you're like, okay,
Ian Hammersley:so they're all landing on the product page, and they're all on mobile, And
Ian Hammersley:so you that's where we need to start.
Ian Hammersley:And then you look at what are the most popular products?
Ian Hammersley:And there's no, the 80 20 rule, like there's always the best sellers.
Ian Hammersley:And you go these are the products they're landing on.
Ian Hammersley:So you then start to know exactly where they're landing.
Ian Hammersley:What device that they're on and obviously then you optimize that because you
Ian Hammersley:can't do everything You know that in this particular business had I think
Ian Hammersley:go thousand or two products a couple of thousand products So you're like
Ian Hammersley:actually the way where we should optimize is where we're spending the money
Ian Hammersley:like they know And the reason why the landing on the product page on mobiles
Ian Hammersley:because that's where they're at the ants Oh, that's where the customers were.
Ian Hammersley:Cause it was, they're looking at their own Google shopping and on Facebook
Ian Hammersley:product ads and all meta products.
Ian Hammersley:You Facebook when we looked at it, but you get a good idea.
Ian Hammersley:And basically the next thing to look at was that their
Ian Hammersley:bounce rate was really high.
Ian Hammersley:People are landing on the product page on the mobile and the bounce
Ian Hammersley:rate was like 80 about 85%.
Ian Hammersley:Yeah Now the average bounce rate for a product page should be less than 60%.
Ian Hammersley:So this particular business, how do they bounce rate at 80?
Ian Hammersley:And so there's the other, benchmark is if the bounce rate for the homepage
Ian Hammersley:should be less than 25 bounce rate for a collection or category page should
Ian Hammersley:be less than 50 and the bounce rate for a product page should be less than 60.
Ian Hammersley:So you go well normally when the ad basket is low, it's cause
Ian Hammersley:there's a bounce rate problem.
Ian Hammersley:So you go okay, if I get the bounce rate.
Ian Hammersley:Lower, we are naturally, we go, we should get an increase anti basket and
Ian Hammersley:if the ante basket's higher, we should get an increase of conversion rate.
Ian Hammersley:And if the conversion rate's higher, we should get an increase of roas.
Ian Hammersley:Which means we could then pull the traffic lever again.
Ian Hammersley:So it's just, it's following the route up rather than having this
Ian Hammersley:generic, let's do everything.
Ian Hammersley:'cause essentially in Ecomms, I think if you do everything, you don't do anything.
Ian Hammersley:Yeah.
Ian Hammersley:Because it's just waste of time.
Ian Hammersley:Often, and it can be expensive.
Ian Hammersley:So essentially with that particular business.
Ian Hammersley:It's, it was product page mobile and what you're really doing then
Ian Hammersley:is you're looking at okay, are we positioning the business correctly?
Ian Hammersley:Do they, do people know who we are?
Ian Hammersley:Do we pass the busy restaurant test, which is something that Mark and I came
Ian Hammersley:up with, which was the positioning.
Ian Hammersley:And sometimes people put their positioning on the homepage, like where
Ian Hammersley:the UK is leading such and such with, 50, 000 amazing reviews and then they
Ian Hammersley:don't put that on the product page.
Ian Hammersley:Then no one ever sees it because they're landing on the product page.
Ian Hammersley:So there's and the Busy Restaurant Test.
Ian Hammersley:I'll just tell you a story really quick.
Ian Hammersley:Go for it.
Ian Hammersley:If you, if I may, you don't want, don't wanna go down too many rabbit
Ian Hammersley:holes and you have to bring me back, Matt, and problems with you and me.
Ian Hammersley:We'll just end up chatting here for days.
Ian Hammersley:But the busy restaurant test is the idea that, let's say you are in a, someone
Ian Hammersley:like Paris or London or something and you're with your partner and you're
Ian Hammersley:hungry, you are really hungry and you are walking down the high street and you
Ian Hammersley:need to find somewhere to eat quickly.
Ian Hammersley:And two restaurants.
Ian Hammersley:And one, one restaurant is nicely full, nicely busy, and the other
Ian Hammersley:restaurant is completely empty.
Ian Hammersley:And you say which restaurant do you want to eat in?
Ian Hammersley:And you say I'll go to the busy one.
Ian Hammersley:Why?
Ian Hammersley:Because there's people in it.
Ian Hammersley:So there's evidence that it must be good.
Ian Hammersley:And you're like, at this point, you don't even know if the food's any good.
Ian Hammersley:You can't even see the food.
Ian Hammersley:You can't even see the menu, but people in it and you go it must be good.
Ian Hammersley:And there's loads of.
Ian Hammersley:There's a like nanosecond of time where people make the decision whether
Ian Hammersley:or not they should stay, should stick around, and am I going to find what
Ian Hammersley:I want in this e commerce store?
Ian Hammersley:Should I bother to invest my time here?
Ian Hammersley:Cause the overwhelming temptation is to go back into Google or Instagram
Ian Hammersley:or wherever the hell you work and try and find it from somewhere else, cause
Ian Hammersley:you can, it's not like being in a...
Ian Hammersley:A town on the high street where, you're the only, shop that
Ian Hammersley:sells hammers in this town.
Ian Hammersley:Yeah.
Ian Hammersley:And that's where like the e coms change and I think, you have to position it
Ian Hammersley:because you, you might be one of 300 shops in the town selling the same hammer
Ian Hammersley:or whatever you're selling, online is, it's like walking into the Trafford set.
Ian Hammersley:We have a.
Ian Hammersley:The shopping, big shopping mall near me in Manchester called the Trafford
Ian Hammersley:Centre, there's about 300 shops in there.
Ian Hammersley:And I always say to people, it's imagine if you walked into the Trafford Centre and
Ian Hammersley:there's 300 shops in there, all selling the same stuff that you're selling.
Ian Hammersley:And you're like, as a customer, where, why would you buy from you?
Ian Hammersley:How are you going to position people to get to come in and buy and that's
Ian Hammersley:a really difficult question for a lot of econ businesses because
Ian Hammersley:they often say things like, Oh we just got great customer service.
Ian Hammersley:We're a family business, we've got great customer service, we
Ian Hammersley:really look after your customers.
Ian Hammersley:And then you go to the website and you're like there's no evidence
Ian Hammersley:you are what you say you are.
Ian Hammersley:Like, there's nothing, you're not even saying that.
Ian Hammersley:And things like trust and credibility is a big one, and the only way to
Ian Hammersley:demonstrate trust and credibility is to prove it, to actually show it.
Ian Hammersley:You can't say, we're great.
Ian Hammersley:You have to show.
Ian Hammersley:Evidence of trust from customers and credibility often from a third party.
Ian Hammersley:Anyway, I'm rambling.
Ian Hammersley:I'm rambling a lot now.
Ian Hammersley:No,
Matt Edmundson:it's good.
Matt Edmundson:It's good.
Matt Edmundson:I'm curious, as you're talking, who do you think is doing this well at the moment?
Matt Edmundson:Positioning their brand well, showing that sort of trusted
Matt Edmundson:credibility that you're talking about.
Ian Hammersley:Yeah, there's a couple of examples that I always throw out there.
Ian Hammersley:One of them, one of them is Spoke London, so there's a business called Spoke
Ian Hammersley:London, it's a UK business, Southern Men's Chinos and what we often find is that
Ian Hammersley:the positioning of an e com business.
Ian Hammersley:It should be based on two things, like what people want and what they don't want.
Ian Hammersley:And the way to find this, so that spoke London, if you're buying, they
Ian Hammersley:sell men's trousers online, right?
Ian Hammersley:If you've, if you ever bought trousers online, particularly
Ian Hammersley:trousers, and for particularly for men, but the thing that we...
Ian Hammersley:One is we want it to fit like we're anxious about for
Ian Hammersley:what happens doesn't fit me.
Ian Hammersley:Yeah.
Ian Hammersley:Like that, that's what we're really bothered about.
Ian Hammersley:So their positioning is they're focused on the biggest pain or anxiety when
Ian Hammersley:you're buying something online, trousers which is fit, but will it fit me?
Ian Hammersley:And then that whole strap line is the best we know fit no one else,
Ian Hammersley:we've got over 400 custom fit.
Ian Hammersley:And so that's their positioning.
Ian Hammersley:And then they back that up with a quote from the Telegraph saying,
Ian Hammersley:the, the ultimate go to best fitting Chino we've ever tried.
Ian Hammersley:So they've got that third party and then their reviews from their
Ian Hammersley:customers are all talking about fit.
Ian Hammersley:Oh my God, I never thought I'd find a pair of Chinos that would fit me as well.
Ian Hammersley:And and it just repeats it.
Ian Hammersley:So they've positioned it on fit.
Ian Hammersley:And then they're backing it up with third party credibility
Ian Hammersley:and evidence from customers.
Ian Hammersley:And to be honest, like 50 percent of e commerce is about,
Ian Hammersley:it's about getting that yeah.
Ian Hammersley:Particularly now.
Ian Hammersley:And they did it.
Ian Hammersley:And each industry in e com, there's always a different like anxiety.
Ian Hammersley:Take something like gifting.
Ian Hammersley:The gifting isn't obviously about fit, but the gifting anxiety is,
Ian Hammersley:will it arrive on time for the event?
Ian Hammersley:Like for the birthday, is it going to arrive?
Ian Hammersley:So and then the second one is well, what happens if they don't like it?
Ian Hammersley:And so and then you go well Then we know that we know what they're bothered
Ian Hammersley:about because we can see it in the because that's what the negative reviews
Ian Hammersley:are You always we always look at we do something called the anxiety test.
Ian Hammersley:Yeah, you look at the reviews.
Ian Hammersley:That's brilliant all your competitors Like what people love about
Ian Hammersley:them and they hate about them.
Ian Hammersley:It's all online go on Trustpilot no one does this we like we love doing it.
Ian Hammersley:We love doing it.
Ian Hammersley:I'm with you
Matt Edmundson:I spend a lot of time looking at reviews from other sites here
Ian Hammersley:It's so good, and then essentially you go back,
Ian Hammersley:like gifting, and you say are we addressing the biggest anxieties?
Ian Hammersley:Which is, will it arrive on time, and what happens if they don't like it?
Ian Hammersley:And often the answer is no.
Ian Hammersley:You're not saying when it's going to arrive, guaranteed delivery, next day,
Ian Hammersley:or super fast dispatch, or, guaranteed next day delivery, in stock you don't
Ian Hammersley:even say if it's in stock sometimes.
Ian Hammersley:And then the second one is, what happens if they don't like it?
Ian Hammersley:You just put, 60 day returns don't put a bloody 14 day, or
Ian Hammersley:even a third, it's not enough.
Ian Hammersley:You buy a gift for somebody, you want an extended return, nobody returns
Ian Hammersley:gifts anyway, so it's like free money.
Ian Hammersley:So you have to put this, and you have to put it in the place that people
Ian Hammersley:see it you wouldn't put it in the terms and conditions, you've got
Ian Hammersley:to put it next to the after baskets so people can actually see it.
Ian Hammersley:And once you do that review mining.
Ian Hammersley:Your positioning becomes quite clear and, the job to be done for gifting
Ian Hammersley:is the emotional reaction that your gift recipient is going to receive.
Ian Hammersley:So if I gave you a gift, I'm going to be like, oh my god,
Ian Hammersley:Matt's going to love this.
Ian Hammersley:I can't wait to see his face.
Ian Hammersley:When I give it to them, that's the job to be done.
Ian Hammersley:That's what I'm buying.
Ian Hammersley:And the marketing then.
Ian Hammersley:On, on, on social should technically be little videos of people go,
Ian Hammersley:Oh my God, this is amazing.
Ian Hammersley:Thank you so much.
Ian Hammersley:Cause that's the job to be done.
Ian Hammersley:So it's on, it's just understanding I think psychologically where people
Ian Hammersley:are when they're starting that decision and what they want and we've
Ian Hammersley:done loads of bloody, work around if it's a problem, like if you're
Ian Hammersley:selling a, like a replacement fridge It's very different to selling a
Ian Hammersley:beautiful cashmere scarf of 500 pounds.
Ian Hammersley:Isn't it different?
Ian Hammersley:The needs are different, aren't they?
Ian Hammersley:Yeah.
Ian Hammersley:Yeah.
Ian Hammersley:So you have to, is it desirability, is it problem solving?
Ian Hammersley:Is it convincibility?
Ian Hammersley:But it's, to be honest, it's the same method.
Ian Hammersley:It's just you have to understand psychologically what, what doubt they
Ian Hammersley:want, which the anxieties, how can we get rid of all those anxieties
Ian Hammersley:and what do they want, which is desirability or preventability,
Ian Hammersley:and then you back it up with.
Ian Hammersley:With evidence that we've done it.
Ian Hammersley:Ah, great.
Matt Edmundson:And everyone will be checking out Spoke London now.
Matt Edmundson:I've actually been on their website and they send me, or they used to send me,
Matt Edmundson:I've not sent me, maybe because I've moved actually, I told them my new address,
Matt Edmundson:but they send those little well done, mini catalogue type things, the little
Matt Edmundson:paper things, which are quite lovely.
Matt Edmundson:So I know the site that you mean, and yeah I fully appreciate, it's a great example.
Matt Edmundson:Were you involved with that, or did you just think it's a good example?
Matt Edmundson:No,
Ian Hammersley:no, we, no, I'd to say, I think we did have a chat
Ian Hammersley:with them once, but, they're, like most of our great ideas, we just.
Ian Hammersley:We see somebody's doing a good job and we then we go, oh, that was clever.
Ian Hammersley:I like that.
Matt Edmundson:I like that.
Matt Edmundson:We'll that a lot.
Matt Edmundson:Yeah.
Matt Edmundson:We do that a lot.
Matt Edmundson:And like you, I do a lot of mining through reviews.
Matt Edmundson:Not only our reviews, but the reviews of competitors, the reviews of similar
Matt Edmundson:products which might not even be a direct competitor and you're always
Matt Edmundson:looking for the common statements or the common questions that people have, or
Matt Edmundson:the common, this solved this problem, that sort of information, aren't you?
Matt Edmundson:And it's, I'm always surprised at how many people don't do it, but it is just
Ian Hammersley:a gold mine And I think I actually call it like the gold nuggets
Ian Hammersley:of e commerce because, you always find...
Ian Hammersley:These really great reviews.
Ian Hammersley:So you know, we did it for a big cookware retailer in the UK, one of the biggest
Ian Hammersley:and we were looking at saucepans and like they're trying to, they're trying
Ian Hammersley:to sell, more saucepans and there was a non stick saucepan and you look at
Ian Hammersley:the, and it's like when I say this, it's so obvious, but like until you
Ian Hammersley:look at the reviews what they're good.
Ian Hammersley:And we, we looked at I mean we're nerds, we looked at
Ian Hammersley:thousands, one of the reviews.
Ian Hammersley:The good reviews is, it says things like, it's truly non stick.
Ian Hammersley:And it said, there was another one that said, It's so easy to clean,
Ian Hammersley:even my teenage son couldn't do it.
Ian Hammersley:You're like, there's
Matt Edmundson:my box in Strathlane.
Ian Hammersley:That's it!
Ian Hammersley:That's the job to be done, that's what you want.
Ian Hammersley:The opposite is is, basically, it's hard to clean and let it work.
Ian Hammersley:It was a pain.
Ian Hammersley:And so you know what people want, so you exactly, you know how to position
Ian Hammersley:it and then you know what to back it up.
Ian Hammersley:So yeah, it's like a gift.
Ian Hammersley:Lots of people don't do it, which is a mistake in my opinion.
Matt Edmundson:Yeah.
Matt Edmundson:Now like you, I can't begin to tell you how many headlines I've used because it's
Matt Edmundson:a comment written in someone's review.
Matt Edmundson:Yeah.
Matt Edmundson:And you just think, even ChatGPT couldn't have come up with that,
Matt Edmundson:it's just, it's a beautiful thing.
Matt Edmundson:And so yeah, we, I like that, even my teenage son could clean it.
Matt Edmundson:How to sell out your saucepan range, just put that in the...
Ian Hammersley:It's just, and once you see those reviews,
Ian Hammersley:you just know, ah, that's it.
Ian Hammersley:And actually the...
Ian Hammersley:We often find that people will install the latest Trustpilot widget or
Ian Hammersley:whatever widget, review widget, and they'll just plonk it on and go, Oh,
Ian Hammersley:there you go, I've put my reviews on.
Ian Hammersley:And it's no, because what problem is when you just plonk on the
Ian Hammersley:a generic review engine that's pulling through the latest reviews.
Ian Hammersley:You end up getting reviews on there that have nothing to do with
Ian Hammersley:the job to be done or anxiety.
Ian Hammersley:And, for example, for the cookware brand, we would know, for that
Ian Hammersley:saucepan, that people really want to see evidence that it's truly non stick,
Ian Hammersley:and that's what they're bothered about.
Ian Hammersley:So if the reviews come through and they go, oh, it arrived next day...
Ian Hammersley:People aren't buying the source because it arrives the next day.
Ian Hammersley:We often like to cherry pick the reviews and highlight them.
Ian Hammersley:And bring them out.
Ian Hammersley:And then, that's what you put in your Instagram, Facebook ads, you
Ian Hammersley:put in your welcome series, all your emails, that's what you put
Ian Hammersley:on the website, all over the place.
Ian Hammersley:You're starting to bring that story and tell that story on throughout everything.
Ian Hammersley:And it's, I don't know that, this is, I think it's 50 percent of it is.
Ian Hammersley:It's about finding the right positioning and then backing it
Ian Hammersley:up with trust and credibility.
Matt Edmundson:It is because I like, what you're in effect doing is you're talking.
Matt Edmundson:A language that matters to the customer in a way that they understand on
Matt Edmundson:you and this again goes back to the earlier comment of e commerce is about
Matt Edmundson:old school principles using in effect modern technology as a form of delivery.
Matt Edmundson:It's still the same thing.
Matt Edmundson:What matters to your client?
Matt Edmundson:Talk in a way that matters to them and and you'll be amazed
Matt Edmundson:at just doing that simple thing.
Matt Edmundson:It's it's quite an incredible thing.
Matt Edmundson:What's your just on a slight tangent here, Ian since we're talking
Matt Edmundson:about reviews, how let's say I'm a econ business just starting out.
Matt Edmundson:My reviews aren't great in terms of numbers.
Matt Edmundson:What sort of things can I do to go and get more reviews, do
Ian Hammersley:you think?
Ian Hammersley:Yeah, I think the first thing to note is actually, the biggest
Ian Hammersley:thing you have to demonstrate with e commerce is really evidence
Ian Hammersley:that you can, back up your claims.
Ian Hammersley:And sometimes the worst thing you can do is actually put, we've got ten
Ian Hammersley:reviews, or, and I always say anything, actually anything less than a thousand.
Ian Hammersley:You know what, in some respects it can do more harm if you've got the
Ian Hammersley:widget on there, the Trustpilot widget that says, hey, yeah, we've
Ian Hammersley:got 200 reviews, rated, and it actually makes you look like you're,
Ian Hammersley:selling from your bedroom sometimes.
Ian Hammersley:You look, you don't, you look.
Ian Hammersley:So I actually say hide, you're better off hiding your, your
Ian Hammersley:kind of small review count.
Ian Hammersley:And you're better off, coming up with better positioning around,
Ian Hammersley:how many products you've sold or how many customers you've had
Ian Hammersley:or how long you've been trading.
Ian Hammersley:Yeah.
Ian Hammersley:Because it just looks a lot more impressive and I really don't buy the.
Ian Hammersley:obViously it depends on who you are and what you're selling, but generally,
Ian Hammersley:people are sceptical and, people don't know because when you're on, when you're
Ian Hammersley:in, when you're buying on the high street or in a supermarket, shopping
Ian Hammersley:arcade, you can see the shop, right?
Ian Hammersley:You know that it's there, it's credible.
Ian Hammersley:When you're online, people are much more sceptical about
Ian Hammersley:who the hell are these guys?
Ian Hammersley:Are they a guy in his bedroom?
Ian Hammersley:Are they a big mash and mash?
Ian Hammersley:And people don't want to feel that they're going to be let down.
Ian Hammersley:Yeah, generally, and obviously to try to get more reviews, really, you have to
Ian Hammersley:ask for it, we have, some industries tend to get, naturally, more reviews, we're
Ian Hammersley:working with a jigsaw company at the moment, and And they're selling jigsaws
Ian Hammersley:to probably slightly older demographics.
Ian Hammersley:And I think when they email them and say, can you give us a review?
Ian Hammersley:I think they go this is part of the process.
Ian Hammersley:I'm like, I've got to do this.
Ian Hammersley:So they get a little like.
Ian Hammersley:Over I think one's got 40, 000 reviews on Trustpilot, and we're
Ian Hammersley:like, holy God, how did you get that?
Ian Hammersley:And so I just asked for it, whereas in other industries, the same
Ian Hammersley:thing doesn't work quite as well.
Ian Hammersley:They're not bothered.
Ian Hammersley:Yeah but it obviously does over time, it does it does grow.
Ian Hammersley:Yeah.
Ian Hammersley:One, one, one little trick actually, just in the perspective of us completely
Ian Hammersley:learning all the time, whenever we're working with an e com brand.
Ian Hammersley:It's always something you learn and one did it the other day and they said,
Ian Hammersley:Oh before we send the, the review on Trustpilot or wherever it, whatever review
Ian Hammersley:engine it was we email them personally and we say, Hey, welcome to our brand.
Ian Hammersley:We're so proud.
Ian Hammersley:We're, we are, we're a family business, we really want you
Ian Hammersley:to have a great experience.
Ian Hammersley:So if there's anything that you're not.
Ian Hammersley:Entirely happy with, please let us know and we'll put it right.
Ian Hammersley:And they did a video of them and I think like one of them, like the,
Ian Hammersley:she's holding like the, she's at home.
Ian Hammersley:Yeah.
Ian Hammersley:She's holding a baby.
Ian Hammersley:And there's and they get so many emails back saying I was going to
Ian Hammersley:give you a one star review because it the, the postman left it on
Ian Hammersley:the, with the doorstep, whatever.
Ian Hammersley:But actually, I'll reach out to you and then that massively helped them
Ian Hammersley:get the the five star like rather than negative reviews because sometimes
Ian Hammersley:you can get the odd negative review and it's, it is as an owner, it's
Ian Hammersley:quite soul destroying, isn't it?
Ian Hammersley:Yeah, you
Matt Edmundson:take it quite personally sometimes.
Matt Edmundson:No, you do.
Matt Edmundson:I remember with with Trustpilot when we were, we don't use Trustpilot anymore,
Matt Edmundson:but when we were, one of the problems that we found was again, it came
Matt Edmundson:down to sequencing with the emails, I think in some respects, but one of the
Matt Edmundson:problems we found was people treated Trustpilot like a customer service thing.
Matt Edmundson:So it's my order's not arrived yet, so I'm going to give you a one star review
Matt Edmundson:rather than going to customer service.
Matt Edmundson:Where's my order?
Matt Edmundson:Do to figure, it's just I think those, how we position those reviews,
Matt Edmundson:how we, the sequence in which we ask them is actually quite important.
Matt Edmundson:Because I think people do start to think, say things on there, which is
Matt Edmundson:that's actually a customer service issue.
Matt Edmundson:That's not a review issue.
Matt Edmundson:A review issue is the product was crap, or the product was great
Matt Edmundson:or a review issue is not, oh I've not got my tracking number yet.
Matt Edmundson:It's just, it's an interesting one, isn't it?
Ian Hammersley:It is unfair.
Ian Hammersley:I think the only thing really you can do if you get negative reviews,
Ian Hammersley:I agree with you completely about the sequencing, is actually to
Ian Hammersley:drown the negative in positive.
Ian Hammersley:And sometimes you'll find facebook, you'll have some negative reviews
Ian Hammersley:on Google or Facebook and, you want to just get them above four
Ian Hammersley:because, people will find a way to, to make a comment, a decision.
Ian Hammersley:And you really just have to try and drown them out and forget about them
Ian Hammersley:actually, and not take them too seriously.
Ian Hammersley:The problem is sometimes, obviously we're told as marketers, yes, you have to
Ian Hammersley:listen to your customers, but actually, you don't want to listen to possibly Mrs.
Ian Hammersley:Miggings who's saying that, the website was hard to use and you end up putting
Ian Hammersley:like a big bloody, tick box on the, the, on the checkout that says, Do you
Ian Hammersley:accept that we may never, if you listen to your customer services to, in some
Ian Hammersley:businesses have actually moved the e com directors away from the customer service
Ian Hammersley:team because they're getting really depressed listening to the customer,
Ian Hammersley:and all I'm saying is that obviously we have to listen to our customers, we need
Ian Hammersley:to make the website better and answer questions, but the negative customers
Ian Hammersley:have a disproportionately loud voice.
Ian Hammersley:Yes they do.
Ian Hammersley:And it stops you doing.
Ian Hammersley:Things that are going to encourage growth.
Ian Hammersley:Your recruitment offer, your retention offer, you just have to accept that
Ian Hammersley:they're going to be some people that that moan and, but it's, you might've
Ian Hammersley:had a thousand customers that are really happy and one that's then given you a,
Ian Hammersley:a negative review and then it's like whole businesses like change their
Ian Hammersley:entire strategy of one damn review and you're like, why are you doing why would
Matt Edmundson:you do that?
Matt Edmundson:Yeah.
Matt Edmundson:Yeah.
Matt Edmundson:No it's I'm with you on that.
Matt Edmundson:I think it's one of those things where you, especially if you care about your
Matt Edmundson:business and I appreciate this is not true of everybody, but if you care
Matt Edmundson:deeply about the business you do have a tendency to take those negative reviews
Matt Edmundson:to heart and you take them personally.
Matt Edmundson:And I think very simply, you just look at the review and go, is there honestly
Matt Edmundson:anything that we can learn from this?
Matt Edmundson:Yes or no.
Matt Edmundson:Thank you.
Matt Edmundson:And how can we reach out to this person, offline, not in a in a
Matt Edmundson:commentary underneath, this sort of whole conversation plays out in the
Matt Edmundson:review, but how do we reach out to them and just talk to these people
Matt Edmundson:and just see what's actually going on before we make any crazy decisions,
Ian Hammersley:yeah, like putting check boxes on the
Ian Hammersley:basket page and things like that.
Matt Edmundson:Or just making your terms and conditions so convoluted.
Matt Edmundson:That was always something that bothered me a little bit, whenever you call a
Matt Edmundson:company up and they go, yeah, but our terms and conditions clearly state.
Matt Edmundson:The terms and conditions which I never read before.
Matt Edmundson:It's not our fault, is it?
Matt Edmundson:And you yeah, I just wanted you to act like a normal human
Matt Edmundson:being, if I'm honest with you.
Matt Edmundson:But apparently you can't cause you've wangled your way out of
Matt Edmundson:that and your terms and conditions.
Matt Edmundson:And it's.
Matt Edmundson:Yeah, I feel like I'm going to get on my soapbox in a minute, Ian,
Matt Edmundson:so I probably should avoid it.
Matt Edmundson:We
Ian Hammersley:have our own e comm brands as well, and we always say, look, just,
Ian Hammersley:Just give them a, don't even worry about it, just give them a refund, obviously
Ian Hammersley:it depends on your costs and your margins, etc, but generally, just let it go.
Ian Hammersley:Just put it down to experience as part of the, the whole, all that ethos of growing
Ian Hammersley:an e com, like going back to the beta mode that's interesting, and, just generally
Ian Hammersley:try and stay to the course and keep going.
Ian Hammersley:Yeah.
Matt Edmundson:No I'm with you.
Matt Edmundson:I'm totally with you.
Matt Edmundson:Listen, Ian, I'm aware of time and we're just, we are just losing it here.
Matt Edmundson:Tell me a little bit about the book.
Matt Edmundson:What I was fascinated with.
Matt Edmundson:'cause Chloe's is also, if you're not aware, they're listening.
Matt Edmundson:Chloe does an e-Commerce podcast, Chloe Thomas.
Matt Edmundson:whIch is also worth checking out, but Chloe's also written a book and I remember
Matt Edmundson:sitting down with Chloe going, what on earth possessed you to write a book?
Matt Edmundson:Why would you do that?
Matt Edmundson:So I'm going to ask you the same question Ian why and what
Matt Edmundson:was that whole journey like?
Ian Hammersley:So the story behind the book, essentially my brother
Ian Hammersley:and I we've been in e commerce for, we're like, we're veterans now.
Ian Hammersley:We're like over 25 years.
Ian Hammersley:And.
Ian Hammersley:I think going back, quite early on and our focus really has been on
Ian Hammersley:answering a couple of questions, like two basic questions of e commerce,
Ian Hammersley:which is why some e commerce businesses scale and some don't like that.
Ian Hammersley:That was the, that was, and that still is the question that we set ourselves
Ian Hammersley:every day as we continue to go.
Ian Hammersley:And the book went into that really what are the.
Ian Hammersley:What are the successful things that e commerce businesses are doing that
Ian Hammersley:are growing and what are the ones that are stuck or just can't grow, is it,
Ian Hammersley:what were they doing, like what was consistent about both groups and that
Ian Hammersley:sort of, that was a bit of an obsession and it came down to some basic principles
Ian Hammersley:which we wrote about in the book and yeah, I think really we wrote the book
Ian Hammersley:probably as A bit of fun really, didn't think it would be, anyone would read
Ian Hammersley:you think what you're talking about, internally is common sense, but it's only
Ian Hammersley:because you've been doing it every day.
Ian Hammersley:You realize actually it's not, but the book was quite a cathartic exercise of it.
Ian Hammersley:And it really, it goes through the main KPIs that we look at when
Ian Hammersley:we're running our own e com brands and we, Mark and I, we're probably
Ian Hammersley:looking at four or five e com.
Ian Hammersley:We do analytics a day, and we have done for over 20 years, and through sheer,
Ian Hammersley:certainly no intelligence, but through sheer exposure, you get a very, like
Ian Hammersley:an unrivaled exposure to thousands, and you then get this sort of, this
Ian Hammersley:instinctive, and the book really talks about this, and I think the first one
Ian Hammersley:is really the maths, which is, which.
Ian Hammersley:unFortunately we can't get away with it.
Ian Hammersley:I was, I spoke in London the other week and at an event and I told a story
Ian Hammersley:that I was practicing for this speech and I turned to my, I've got three
Ian Hammersley:daughters and I turned to my daughters and I said, it's all about the mass.
Ian Hammersley:And they're like, no it can't be about the mass, take it back.
Ian Hammersley:And I was like this is a big part of in econ business.
Ian Hammersley:It was about that, and when we looked at the ones that were scaling, and the
Ian Hammersley:ones that were getting stuck, a lot of them had the maths on their side,
Ian Hammersley:so when I say the maths, like we're really talking about margin, life
Ian Hammersley:to customer value And, they had it.
Ian Hammersley:And you couldn't call it from the outside.
Ian Hammersley:I think as an e com professional, if you look at two e com brands, and you
Ian Hammersley:go that looks really slick, like really good, like beautiful, really well
Ian Hammersley:executed, great team, great marketing, great positioning, really nice.
Ian Hammersley:And the other one over here, perhaps a little bit rough and ready.
Ian Hammersley:And, but you couldn't, you cannot on that basis see which one's going to
Ian Hammersley:scale, like you can't, you have to go inside and the numbers are the key.
Ian Hammersley:So story we talk about in the book is there's two, the one on the left that
Ian Hammersley:looks super slick, that you think is going to scale, actually has low margin.
Ian Hammersley:Like 30 percent margin, which is pretty tight an average order value of 30
Ian Hammersley:and a lifetime customer value of one.
Ian Hammersley:It's not like it's a one gift, one product gift company.
Ian Hammersley:And you're like that's difficult because you've got so little room to
Ian Hammersley:play with when it comes to advertising, it's so hard to try to, cause you
Ian Hammersley:basically, we're at the mercy of.
Ian Hammersley:The Gorillas, which are Google and Meta, like they're the
Ian Hammersley:ones that we've got to play.
Ian Hammersley:We can't say to Google we're only want to give you 50p for a convert.
Ian Hammersley:They are literally going to dictate how much, you, they will allow
Ian Hammersley:you to recruit a customer for.
Ian Hammersley:So we've got to work with them.
Ian Hammersley:And the other side, that other one is a supplement type.
Ian Hammersley:Business of collagen type business and they've got margin of 60 percent Average
Ian Hammersley:order value of 50 and people buy 6 times a year, so over a year That customers
Ian Hammersley:worth, what, that's 200 or 300, so you can see how much easier it is to
Ian Hammersley:scale that one because you can really aggressively pull that traffic leaver
Ian Hammersley:and go for a very low New Customer ROAS.
Ian Hammersley:Whereas the one on the left, that gifting company, you're
Ian Hammersley:like, oh my, it's so difficult.
Ian Hammersley:Yeah, super tough.
Ian Hammersley:Super tough.
Ian Hammersley:So the maths, we talk about the maths it's basically the KPIs that we go through
Ian Hammersley:when we're running our own business.
Ian Hammersley:Like the, it wouldn't, and we said unexpected KPIs, but
Ian Hammersley:they're not that unexpected.
Ian Hammersley:The, the fairly logical ones, but it's a lot of it's telling
Ian Hammersley:stories of, of how we've.
Ian Hammersley:How we've, KPIs, like how you prove that, the antibasket rate and bounce
Ian Hammersley:rate and how it all comes together.
Ian Hammersley:But we know, at the day, we wrote the book because we enjoyed writing
Ian Hammersley:it, didn't really think it would be a bestseller, but it, shock, horror,
Ian Hammersley:people want to hear two, two, two boys from Stoke chatting about...
Ian Hammersley:Econ.
Matt Edmundson:I'm always amazed how many people listen to our this podcast.
Matt Edmundson:I'm a boy from Derby, so not just down the road.
Matt Edmundson:Ah, we're pretty close.
Matt Edmundson:And I'm not in Derby now, but you do think, yeah, people actually are
Matt Edmundson:really interested in this stuff, which is always quite humbling.
Matt Edmundson:It's but it's lovely.
Matt Edmundson:So the book is called The Ultimate Guide to E Commerce Growth, Seven
Matt Edmundson:Unexpected KPIs to Scale an E Commerce Shop to 10, 000, 000 Plus.
Matt Edmundson:Do you I'm just looking at the picture on your website here.
Matt Edmundson:Do you change the cover for the U.
Matt Edmundson:S.
Matt Edmundson:market?
Matt Edmundson:So 10, 000, 000 plus?
Matt Edmundson:Or do you just leave the little pound symbol
Ian Hammersley:in?
Ian Hammersley:a Sensible company would, yes.
Ian Hammersley:I'd be lying if we were that attentive.
Ian Hammersley:Fair enough.
Ian Hammersley:That's brilliant.
Ian Hammersley:The answer is no.
Ian Hammersley:I'll tell you what's funny about the American market UK.
Ian Hammersley:It might be doing like a couple of million, something like that.
Ian Hammersley:In America, that little small niche, is like 10 million and beyond.
Ian Hammersley:And just the market is so much bigger, the potential, it's hard, it's a
Ian Hammersley:competitive market, it's harder to crack but boy, if you could actually get in
Ian Hammersley:and start going, getting some of that market in America, it's a, it's huge.
Ian Hammersley:We have, we had a one, one.
Ian Hammersley:We were talking to the other day and he's selling like the ends of hose pipe, like
Ian Hammersley:hose pipe ends okay, hoses and little ends, and you think, oh, this is a tiny,
Ian Hammersley:in the UK, it would be like, I don't know, maybe 600, 000 pound turnover,
Ian Hammersley:maybe that, you 5 million and his nearest competitor, this is purely online, nearest
Ian Hammersley:competitor online is doing 60 million and the next one is doing 100 million online,
Ian Hammersley:selling these little ends of these.
Ian Hammersley:These hosepipes, I'm going to whoa,
Matt Edmundson:where do I buy those from?
Matt Edmundson:I'm going to sell those.
Matt Edmundson:No, it's interesting what you say about the States.
Matt Edmundson:Our first, our beauty business, which we sold, we weren't
Matt Edmundson:allowed to sell to the states.
Matt Edmundson:We only had, we were only allowed to sell in Europe terms and
Matt Edmundson:conditions of the suppliers.
Matt Edmundson:We can talk about that another day.
Matt Edmundson:But our current side at the moment our supplement brand, we
Matt Edmundson:distribute to the states and it is a massive market for us now.
Matt Edmundson:Grown at a huge rate and it's.
Matt Edmundson:It's interesting.
Matt Edmundson:Australia is also a really interesting market, very up and coming, as is
Matt Edmundson:New Zealand, where Brother Mark is.
Matt Edmundson:There's only, the problem is in
Ian Hammersley:New Zealand, there's only...
Ian Hammersley:It's only four people, yeah,
Matt Edmundson:300, 000 sheep, yeah,
Ian Hammersley:it's like we're laughing because in New Zealand, in order to
Ian Hammersley:have a big Econ brand in New Zealand, you literally have to get the entire
Ian Hammersley:New Zealand population to buy from you, yes you do, because there's not enough,
Ian Hammersley:there's not enough people, so it, but likewise actually competition is a lot
Ian Hammersley:less, like there isn't as many people there because of the consumers, there's
Matt Edmundson:not many.
Matt Edmundson:Very true.
Matt Edmundson:It is an interesting place for, we do a lot of business in New Zealand to be fair.
Matt Edmundson:Which is great.
Matt Edmundson:But no, interesting interesting.
Matt Edmundson:Listen Ian, I know we could, we're just getting warmed up.
Matt Edmundson:But if people want to reach out to you, if they want to connect, find out more
Matt Edmundson:about you, what you guys are doing the podcast, the book, the, cause you guys
Matt Edmundson:do a membership type thing as well.
Matt Edmundson:Where do people go find out more about that?
Ian Hammersley:Yeah, the route most people find us through is either the
Ian Hammersley:masses of Facebook advertising that we ram down people's throats, though
Ian Hammersley:essentially if you Google Hammersley Brothers you'll see us in various forms
Ian Hammersley:and we've got the, we've got the site.
Ian Hammersley:The podcast is a, is a good gentle place to, to listen to us.
Ian Hammersley:But the Hammersley Brothers website is where we go.
Ian Hammersley:And essentially you can either, you can join one of the courses there and
Ian Hammersley:there's various different courses, trying to, some of them trying to get
Ian Hammersley:to different levels essentially get, get to 2 million, get to get beyond that.
Ian Hammersley:There's one that gets to 50k a month.
Ian Hammersley:Trying to focus on the right levels.
Ian Hammersley:But yeah, Hammersleybrothers.
Ian Hammersley:com is probably the best place
Matt Edmundson:to go.
Matt Edmundson:Fantastic.
Matt Edmundson:Fantastic.
Matt Edmundson:We will of course link to that in the show notes as well, which if you're
Matt Edmundson:subscribed to the newsletter, we'll be coming their way to your inbox.
Matt Edmundson:Otherwise, sign up to the newsletter and we'll send it to you automatically.
Matt Edmundson:Mark, listen.
Matt Edmundson:Mark, Ian, I was thinking of your brother in New Zealand thank you so
Matt Edmundson:much for coming on the show, Matt, and genuinely loved the conversation,
Matt Edmundson:loved your insight, loved the down to earth Stoke manner that's quite
Matt Edmundson:nice, very refreshing, and yeah, I appreciate Matt, honestly, genuinely
Matt Edmundson:loved it, and we'll have to do it again.
Ian Hammersley:Yeah.
Ian Hammersley:Thanks, Matt.
Matt Edmundson:It's great.
Matt Edmundson:Yes.
Matt Edmundson:Great.
Matt Edmundson:Thank you for coming on.
Matt Edmundson:So what a great conversation.
Matt Edmundson:Huge thanks again to Ian for joining me today.
Matt Edmundson:Also a big shout out to today's show's sponsor, the e commerce cohort.
Matt Edmundson:Remember to check out the e commerce cohort at ecommercecohort.
Matt Edmundson:com and be sure to follow the e commerce podcast wherever you get your
Matt Edmundson:podcast from because we've got some more great conversations lined up and
Matt Edmundson:I don't want you to miss any of them.
Matt Edmundson:Any of them.
Matt Edmundson:No.
Matt Edmundson:And of course, if no one has told you yet today, let me be the first
Matt Edmundson:person to tell you, you are awesome.
Matt Edmundson:Yes, you are.
Matt Edmundson:created awesome.
Matt Edmundson:It's just a burden you have to bear.
Matt Edmundson:Ian's got to bear it.
Matt Edmundson:I've got to bear it.
Matt Edmundson:You've got to bear it as well.
Matt Edmundson:The e commerce podcast is produced by Aurion Media.
Matt Edmundson:You can find our entire archive of episodes.
Matt Edmundson:on your favorite podcast app.
Matt Edmundson:The team that makes this show possible is the wonderful Sadaf
Matt Edmundson:Beynon and Tanya Hutsuliak.
Matt Edmundson:Our theme song was written by Josh Edmundson.
Matt Edmundson:And as I mentioned, if you would like to read the transcript or show notes, head
Matt Edmundson:over to the website, ecommercepodcast.
Matt Edmundson:net.
Matt Edmundson:So that's it from me.
Matt Edmundson:That's it from Ian.
Matt Edmundson:Thank you so much for joining us.
Matt Edmundson:I'll see you next time.
Matt Edmundson:Bye for now.
Ian Hammersley:www.
Ian Hammersley:crowd.
Ian Hammersley:church.
Ian Hammersley:org