Matt Edmundson:

Welcome to the e-Commerce podcast with

Matt Edmundson:

me, your host, Matt Edmundson.

Matt Edmundson:

Now this is a show all about helping you deliver e-commerce.

Matt Edmundson:

Wow.

Matt Edmundson:

And to do that today I'm chatting with a fellow Brit

Matt Edmundson:

Tony Conte from Brave Agency, and we are gonna be talking

Matt Edmundson:

about marketing everything to do with e-commerce marketing,

Matt Edmundson:

which I know is a topic we're all interesting 'cause

Matt Edmundson:

why would we not be right?

Matt Edmundson:

Uh, we all want to know how to market our businesses.

Matt Edmundson:

Better.

Matt Edmundson:

So make sure you stay tuned for that.

Matt Edmundson:

Grab your notebooks, grab your pens.

Matt Edmundson:

'cause you're definitely gonna want them.

Matt Edmundson:

Now whilst you are doing that, if you haven't done

Matt Edmundson:

so already, make sure you sign up for our newsletter.

Matt Edmundson:

Yes.

Matt Edmundson:

'cause every week we are sending out some amazing stuff.

Matt Edmundson:

I. Tips and tricks from the podcast with some of

Matt Edmundson:

the bits and bobs as well.

Matt Edmundson:

But all the show notes, all the links, they're also in there.

Matt Edmundson:

Uh, and so you just get it straight to your

Matt Edmundson:

inbox totally for free.

Matt Edmundson:

So you can get a hold of that at ecommercepodcast.net.

Matt Edmundson:

So make sure you do, and I will see you over there.

Matt Edmundson:

Now, before we get into the conversation, I just want to

Matt Edmundson:

give a little bit of a shout out to my mate, Darren Hickey, uh,

Matt Edmundson:

who connects us from Fellowship.

Matt Edmundson:

If you don't, if you're a regular to the show, you

Matt Edmundson:

may recognize the name.

Matt Edmundson:

Darren was on it back in November.

Matt Edmundson:

Uh, and we talked about WooCommerce.

Matt Edmundson:

He's a bit of a WooCommerce expert.

Matt Edmundson:

Uh, and so Darren introduced both Tony and myself.

Matt Edmundson:

And so Tony is here because of Darren?

Matt Edmundson:

Yes, he is.

Matt Edmundson:

So just say thanks to Darren 'cause Darren's a legend.

Matt Edmundson:

Thanks Darren.

Matt Edmundson:

Uh, there you go.

Matt Edmundson:

Thanks Darren.

Matt Edmundson:

Uh, let's meet, uh, Tony, the founder of Brave Agency,

Matt Edmundson:

a digital pioneer in brand.

Matt Edmundson:

Marketing and e-commerce since the mid nineties

Matt Edmundson:

did a decade evens exist?

Matt Edmundson:

We don't know, do we?

Matt Edmundson:

Uh, in 2000, he launched Brave from his garage with zero

Matt Edmundson:

clients and a big vision, an integrated agency where

Matt Edmundson:

creativity, tech, and strategy unite for client success.

Matt Edmundson:

Today, brave turns clicks into loyal customers and

Matt Edmundson:

helps ambitious brands push boundaries and thrive.

Matt Edmundson:

And you know what, Tony, the thing that I love is, you've

Matt Edmundson:

been doing this since the mid.

Matt Edmundson:

Nineties now.

Matt Edmundson:

I started my little journey around 1997, about a year

Matt Edmundson:

before I got married.

Matt Edmundson:

Um, ah, and so, and I started in e-commerce in 2002.

Matt Edmundson:

So, uh, I often referred to myself as

Matt Edmundson:

an e-commerce dinosaur.

Matt Edmundson:

I. No,

Tony Conte:

not at all.

Tony Conte:

I don't The dinosaur we Not the dinosaur.

Tony Conte:

We were, we were the pioneers.

Tony Conte:

That's true.

Tony Conte:

If it wasn't for us, then uh, there would be no internet.

Tony Conte:

No, not no internet, but commerce,

Matt Edmundson:

no.

Matt Edmundson:

I'm gonna take the internet.

Matt Edmundson:

If it wasn't for me and you tiny, there

Matt Edmundson:

would be no internet.

Matt Edmundson:

Everybody.

Matt Edmundson:

You're, you're welcome.

Matt Edmundson:

Yeah.

Matt Edmundson:

That's all I can say.

Tony Conte:

We've both, we've both seen the.com

Tony Conte:

bubble, haven't we?

Matt Edmundson:

We saw it.

Matt Edmundson:

We saw it burst.

Matt Edmundson:

We did.

Matt Edmundson:

It came and it went really quickly and everyone's

Matt Edmundson:

like, what is going on?

Matt Edmundson:

Uh, uh, to be fair, we've seen everything.

Matt Edmundson:

I mean, there was no mob mobile phones.

Matt Edmundson:

You didn't have to worry about mobile commerce.

Matt Edmundson:

There was basically, you just had a website and you can, it

Matt Edmundson:

took us a while to even figure out email marketing, you know?

Matt Edmundson:

Exactly.

Matt Edmundson:

It's like what?

Matt Edmundson:

Yeah.

Matt Edmundson:

Google just seemed to pick you up because it did.

Matt Edmundson:

Yeah.

Matt Edmundson:

And then it was a few years later, Google AdWords came in.

Matt Edmundson:

So, I mean, all these things, you've sort of seen them come

Matt Edmundson:

and a lot of things you've seen come and go, really?

Matt Edmundson:

So it's, it is cool that you've been around, you know,

Matt Edmundson:

a, a, a, uh, as they say, and you, you've obviously,

Matt Edmundson:

you must have enjoyed it.

Tony Conte:

Yes, it's, has its ups and downs.

Tony Conte:

Um, been a lot of changes, a lot of challenges along the way.

Tony Conte:

Mm-hmm.

Tony Conte:

Um, but the way that everything, I'd say just the way that

Tony Conte:

people interact with, you know, online channels, uh, just has

Tony Conte:

changed so much over the years.

Tony Conte:

Yeah.

Tony Conte:

Um, but that means that you have to be kind of thinking

Tony Conte:

about what the next way, shape, or form of, of a,

Tony Conte:

of a website should be, or in terms of how they're

Tony Conte:

gonna in interact with that, that, um, advert, et cetera.

Tony Conte:

Um, the fundamentals are still there.

Tony Conte:

You've gotta attract, engage, and per, you know, effectively

Tony Conte:

persuade them to purchase.

Tony Conte:

It's just that the, the, the, the speed at which

Tony Conte:

now we can develop.

Tony Conte:

Um.

Tony Conte:

Marketing in general.

Tony Conte:

Online is, uh, is just a, you know, it is just, it, it, it

Tony Conte:

literally, it is too quick.

Tony Conte:

Yeah.

Tony Conte:

For, I think, I think the actual techno, I think we're

Tony Conte:

finding that the technology is, although it's helping us to

Tony Conte:

kind of speed up the processes and the analytics et et cetera,

Tony Conte:

it, it's, it's even faster now.

Tony Conte:

And obviously with ai it's, it's, yeah, it's balloons

Tony Conte:

now to a, a crazy level.

Tony Conte:

So, um, yeah, it's exciting.

Tony Conte:

It's certainly, um.

Tony Conte:

I'd say it's not for the faint hearted, for sure.

Tony Conte:

Mm-hmm.

Tony Conte:

Um, but yeah, it's, it's been enjoyable.

Tony Conte:

He says, says

Matt Edmundson:

secret gr.

Matt Edmundson:

Yeah.

Matt Edmundson:

It's funny, isn't it?

Matt Edmundson:

Because I, as I'm talking, I'm getting all nostalgic now, but

Matt Edmundson:

as I'm, as we're talking Tony, I'm kind of thinking, you know

Matt Edmundson:

what, when, when I launched my first website back in 2002,

Matt Edmundson:

marketing was literally launching the website, right.

Matt Edmundson:

And search engines.

Matt Edmundson:

Managed to pick it up.

Matt Edmundson:

And there was ma there weren't that many, uh,

Matt Edmundson:

websites back then.

Matt Edmundson:

So you, you tended to get on page one.

Matt Edmundson:

Mm-hmm.

Matt Edmundson:

And people were, were sort of, they would buy it and

Matt Edmundson:

then they would call to make sure you were legitimate

Matt Edmundson:

because they, you know, they felt twitchy about giving you

Matt Edmundson:

their credit card details.

Matt Edmundson:

But marketing, um, in some respects, as we know it

Matt Edmundson:

now, didn't exist that whole, you know, the whole

Matt Edmundson:

realm of digital marketing.

Matt Edmundson:

But what did exist was the fundamentals, as you say,

Matt Edmundson:

so of old school principles.

Matt Edmundson:

The website had to attract people, it had to make sense,

Matt Edmundson:

you know, uh, you had to deliver a great service.

Matt Edmundson:

For those people to come back and buy again.

Matt Edmundson:

These things have always been sort of timeless, haven't they?

Matt Edmundson:

Even sort of pre-internet.

Matt Edmundson:

Yeah.

Matt Edmundson:

And uh, one of the things that sort of strikes me about a lot

Matt Edmundson:

of e-commerce entrepreneurs, a lot of conversations I have

Matt Edmundson:

in essence I can summarize in a single statement, is

Matt Edmundson:

that a lot of people are looking for the silver bullet.

Matt Edmundson:

Like, if I just pull this one lever, like if I spend

Matt Edmundson:

10 grand on Facebook ads or if I do TikTok or whatever

Matt Edmundson:

it is, you know, whatever the latest thing is, I'm gonna

Matt Edmundson:

pull that lever and it's gonna make me a millionaire.

Matt Edmundson:

Right.

Matt Edmundson:

Do you, do you get a lot of these inquiries?

Tony Conte:

Uh, yeah.

Tony Conte:

A hell of a lot.

Tony Conte:

Um, we get a, yeah.

Tony Conte:

I think generally speaking, they think one

Tony Conte:

channel will save it all.

Tony Conte:

And, and, um, the reality of it is, is that it's, it.

Tony Conte:

There's gotta be, there's, there's gotta

Tony Conte:

be about 10 channels.

Tony Conte:

You could, there's 10 levers you can pull.

Tony Conte:

That's just, you know, um, but each one works.

Tony Conte:

In its own way, but has contributes to

Tony Conte:

each one, basically.

Tony Conte:

Yeah.

Tony Conte:

You can't run, as you know, you can run paid advertising, that's

Tony Conte:

fine, but if you put your ads in one basket, then your e-commerce

Tony Conte:

brand, it is only as worth as much as a paid ad campaign.

Tony Conte:

Yeah.

Tony Conte:

If you're not generating content or social proofing,

Tony Conte:

SEO, et cetera, you know, I personally wouldn't buy.

Tony Conte:

An e-commerce brand, if they didn't have organic

Tony Conte:

traffic sales attribution attributed to SEO.

Tony Conte:

Mm-hmm.

Tony Conte:

Because anybody could, any, anybody can throw money at it.

Tony Conte:

Yeah.

Tony Conte:

So.

Tony Conte:

We, they'll come in and say, okay, we, we need to do TikTok.

Tony Conte:

Well, yeah, you need to do TikTok, but where's the brand?

Tony Conte:

Mm-hmm.

Tony Conte:

Where's the positioning?

Tony Conte:

Where's the social proof?

Tony Conte:

And is the product fit for fit for the audience?

Tony Conte:

You know, so there's, I think it's become, yeah.

Tony Conte:

I dunno if that answers a question, but Yes.

Tony Conte:

Lots of times.

Tony Conte:

Can we just do SEO No, you can't just do seo or can you

Tony Conte:

do, you know, can, can we just do, um, TikTok shop and forget

Tony Conte:

about any, anything else?

Tony Conte:

Kind of, it's possible, but there's a ceiling

Tony Conte:

on that as well.

Tony Conte:

So, um, I think it's just got a lot more, um, uh, mixed.

Tony Conte:

You know, it's now on, you know, multi-channel, I'd say.

Tony Conte:

Yeah.

Tony Conte:

Yeah.

Tony Conte:

You can't, you know, you, that's most of the

Tony Conte:

conversations now are, we're running five channels.

Tony Conte:

We think one or two are potentially not

Tony Conte:

working, or we're leaving money on the table.

Tony Conte:

Um, and that's where, you know, we would get involved and say,

Tony Conte:

okay, let's look at the numbers.

Tony Conte:

Let's look at the audience.

Tony Conte:

Let's look at the, the attribution, make sure

Tony Conte:

everything's, you know, fir on all cylinders.

Tony Conte:

Um, but normally you can't.

Tony Conte:

There's no silver, no silver bullet.

Tony Conte:

Now there's no silver bullet.

Matt Edmundson:

No, I, I, I would agree.

Matt Edmundson:

I think you, you get to a stage where you hear stories

Matt Edmundson:

of a somebody on YouTube who managed to pull off a

Matt Edmundson:

miracle and then they do a YouTube video about it.

Tony Conte:

Yeah.

Matt Edmundson:

Um, but I, I think for most people,

Matt Edmundson:

I. Actually, you are right.

Matt Edmundson:

That that digital marketing now is, is, is evolved and is

Matt Edmundson:

evolving to such an extent that Yeah, it is impossible, I think

Matt Edmundson:

for, for a solo entrepreneur who is doing e-commerce to

Matt Edmundson:

keep up with what the changes are and to keep it with a,

Matt Edmundson:

like if I was just running my e-commerce business,

Matt Edmundson:

we have a team of people.

Matt Edmundson:

Yeah, but how would I find the time to.

Matt Edmundson:

Do the SEO to do the blogs, the content, the social

Matt Edmundson:

media, make the videos, um, do the, run the paid ads,

Matt Edmundson:

make sure my email marketing campaigns are up to date.

Matt Edmundson:

Do the abandoned cart flows.

Matt Edmundson:

Do you know what I mean?

Matt Edmundson:

Uh, do my silly dance on TikTok.

Matt Edmundson:

I appreciate that's not just TikTok.

Matt Edmundson:

Now I'm being facetious.

Matt Edmundson:

I've done, we've all done them to be fair, but do

Matt Edmundson:

you know what I mean?

Matt Edmundson:

There's so much going on.

Matt Edmundson:

Yeah.

Matt Edmundson:

Um, that it is, I think it's almost impossible

Matt Edmundson:

now to try and to try and.

Matt Edmundson:

To, to keep up with it as a, as a solo entrepreneur, you,

Matt Edmundson:

you, you genuinely need help.

Matt Edmundson:

I think.

Tony Conte:

I think, um, the key is prioritization

Tony Conte:

because you could just go at all of those, you know?

Tony Conte:

Mm. All 20 elements that you just mentioned, but

Tony Conte:

it's prioritizing and putting it in an order.

Tony Conte:

You know, I think that's the key really.

Tony Conte:

'cause there's two, you know, and, and looking at

Tony Conte:

every single channel and reviewing actually what's,

Tony Conte:

what's the potential return on investment from that channel?

Tony Conte:

And can I put the investment from that channel

Tony Conte:

into the next channel?

Tony Conte:

Mm-hmm.

Tony Conte:

Or, you know, and then dial everything up.

Tony Conte:

That's where, that's where I've seen most e-commerce

Tony Conte:

businesses that are thriving, is that they've, they've had

Tony Conte:

a clear, um, analysis of all the channels, all the tactics.

Tony Conte:

Then gone with quite, quite a methodical path there.

Tony Conte:

Yeah.

Tony Conte:

In terms of how they reinvest, et cetera.

Tony Conte:

I mean, some of our early clients from sort of from

Tony Conte:

2000, 2005, they're really early and they went from

Tony Conte:

mail order, you know, ordering stuff in magazines.

Tony Conte:

Cutting all the magazine spend and saying, right, what's

Tony Conte:

the internet all about, Tony?

Tony Conte:

And they said, oh, I was thinking, oh God.

Tony Conte:

Okay.

Tony Conte:

So basically it's an online catalog, you know?

Tony Conte:

Um, and okay, well how do I, I'm number one in all the

Tony Conte:

magazines 'cause I'm spending, you know, 20,000 pounds on

Tony Conte:

a, on a, every single month.

Tony Conte:

And mags then was quite, quite, quite significant.

Tony Conte:

Yeah.

Tony Conte:

Um.

Tony Conte:

The ones that kind of not, I'm not saying like they

Tony Conte:

listened, but the ones that actually started thinking

Tony Conte:

about this is, this is, this looks like a potential.

Tony Conte:

This, this is where my mail order's gonna go.

Tony Conte:

Yeah.

Tony Conte:

They literally, they literally launched their websites in a

Tony Conte:

catalog online point of view.

Tony Conte:

It wasn't actually commerce at that point necessarily.

Tony Conte:

It was all about getting online.

Tony Conte:

And they would get the phone calls, get, keep

Tony Conte:

getting phone calls from it.

Tony Conte:

Um, and they soon realized that the more they put

Tony Conte:

into paid ads, it was like.

Tony Conte:

The more exposure they were getting in magazines.

Tony Conte:

It's the same principle.

Matt Edmundson:

Yeah.

Tony Conte:

Um, that, that, that worked.

Tony Conte:

And, and don't forget, uh, Google ad PPC then was

Tony Conte:

impression based from 2000 to 2000 and it was cheap.

Tony Conte:

Yeah, exactly.

Tony Conte:

And it, yeah.

Tony Conte:

Not like it is now, but yeah.

Tony Conte:

I mean, the whole, the, the whole kind of click,

Tony Conte:

you know, pay per click.

Tony Conte:

Yeah.

Tony Conte:

Didn't really, I don't think it came in until about two.

Tony Conte:

I think it was something like 2002, 2004, maybe,

Tony Conte:

something like that.

Tony Conte:

But it was all impression based before then.

Tony Conte:

Um.

Tony Conte:

But I think it's, it's, it's the fundamentals.

Tony Conte:

I keep saying it, you know, to to, to various kind of

Tony Conte:

brands that come on board, especially challenger brands.

Tony Conte:

Fundamentals of advertising hasn't really changed.

Tony Conte:

It's just the channel by channel.

Tony Conte:

Mm-hmm.

Tony Conte:

And prioritizing.

Tony Conte:

And prioritizing the numbers as well.

Tony Conte:

So

Matt Edmundson:

let's talk about that.

Matt Edmundson:

Um, how would you go about prioritizing?

Matt Edmundson:

So here I am, I'm, I'm an overworked, uh oh, overwhelmed

Matt Edmundson:

is probably a better word.

Matt Edmundson:

Um, e-commerce.

Matt Edmundson:

Founder.

Matt Edmundson:

Mm-hmm.

Matt Edmundson:

Um, it's all, it's, it's okay.

Matt Edmundson:

But, you know, I feel like my life is non-existent

Matt Edmundson:

in, in many ways.

Matt Edmundson:

How do I prioritize, how do I look at what I'm

Matt Edmundson:

doing and going right.

Matt Edmundson:

This is, this is the best way to prioritize my marketing.

Tony Conte:

I, I guess, I guess obviously, you

Tony Conte:

know, we can't control the operational side of a business.

Tony Conte:

We can, we can, we can forecast sales increases

Tony Conte:

so they don't buckle under the, under the load.

Tony Conte:

That's one element.

Tony Conte:

But in terms of prioritizing, you know, there's quite a

Tony Conte:

few that we've met, you know, that are seven days a week,

Tony Conte:

they're in the business.

Tony Conte:

Mm-hmm.

Tony Conte:

They've got, you know, mm-hmm.

Tony Conte:

Um, they've got maybe 10, maybe 20 staff, something like that.

Tony Conte:

They're constantly in the business all the time.

Tony Conte:

Um, introducing automation when it comes to, um, a lot of

Tony Conte:

their activities is, is key.

Tony Conte:

Yeah.

Tony Conte:

Um, and helping them, helping them through.

Tony Conte:

I mean the tech, there's the technical sides of a

Tony Conte:

website, so you automate a lot of the activity as well.

Tony Conte:

You know, email automation is one.

Tony Conte:

Mm-hmm.

Tony Conte:

So they don't have to do anything manually there.

Tony Conte:

Um, we take away a lot of the stress in terms of, um,

Tony Conte:

whether it's content, you know, to content strategy

Tony Conte:

and actually delivering that, that strategy for them.

Tony Conte:

So the key is to kind of work out what their strengths are.

Tony Conte:

And work alongside their them or their existing Yeah.

Tony Conte:

Um, teams really.

Tony Conte:

Um, 'cause it is tough to kind of pull away and give

Tony Conte:

everything to an agency.

Tony Conte:

And we never say that to a client.

Tony Conte:

We never say, I don't think anybody should say like,

Tony Conte:

here's everything crack on.

Tony Conte:

I think it's the kind of understanding what they should

Tony Conte:

and shouldn't be doing in house.

Tony Conte:

Yeah.

Tony Conte:

At that given moment in time, I'm, and I'm always

Tony Conte:

one for actually having the conversation to say like, we

Tony Conte:

wanna get you to the X level.

Tony Conte:

We want you to be in the position where you can actually.

Tony Conte:

Get your own team to do X, Y, and Z. We still wanna be

Tony Conte:

here, we still wanna be helping you run the, the strategy and

Tony Conte:

the real technical pieces.

Tony Conte:

But we see you kind of growing your content team

Tony Conte:

because I think the, the, the, and I, it's a slightly

Tony Conte:

off tangent, but content has always been king for many,

Tony Conte:

many years before I was born.

Tony Conte:

You know, it's always been about.

Tony Conte:

Um, that's where advertising and engagement comes from.

Tony Conte:

The, the, the creativity, the content, and it still

Tony Conte:

is to this present day.

Tony Conte:

Um, and brands need to bring a lot of that in-house.

Tony Conte:

Um, comes an overhead.

Tony Conte:

I. But the control of that, it makes our lives

Tony Conte:

easier as agencies as well, that we run the strategy.

Tony Conte:

We, we will share that, that tactic with them and, and come

Tony Conte:

up with a content strategy.

Tony Conte:

But everything comes from that content.

Tony Conte:

SEO comes from content, paid ads comes from, from content

Tony Conte:

as well, meta, et cetera.

Tony Conte:

Um, digital pr, it's all content driven.

Tony Conte:

Um, we see a lot of brands bringing that in-house,

Tony Conte:

and I, I applaud that.

Tony Conte:

I'd say I'd encourage it more and more so, um.

Tony Conte:

But there's no silver bullet when it comes to, you know,

Tony Conte:

how do we, how do we de-stress a, an e-commerce entrepreneur?

Tony Conte:

Well, they, they're either surviving.

Tony Conte:

Mm-hmm.

Tony Conte:

Because they, they, some of them, well, a lot of them

Tony Conte:

have launched post covid thinking they can mm-hmm.

Tony Conte:

Sustain that level of revenue.

Matt Edmundson:

Yeah.

Tony Conte:

Um, and that's where we give 'em a bit of a reality

Tony Conte:

check in terms of, okay, you're wasting time in that area.

Tony Conte:

That's, that's not that, that, that's not focus on that area.

Tony Conte:

Let's go for the, uh.

Tony Conte:

Low hanging fruit, as they say.

Tony Conte:

Um, and the quick wins.

Tony Conte:

Yeah.

Tony Conte:

And I, I dare say that, but there are quick wins.

Tony Conte:

Mm-hmm.

Tony Conte:

There are quick, there still are quick wins.

Tony Conte:

And that's a, that comes back down to prioritization.

Matt Edmundson:

Mm-hmm.

Tony Conte:

Yeah.

Tony Conte:

I

Matt Edmundson:

find that actually that, um.

Matt Edmundson:

Depending on who you talk to, depends on

Matt Edmundson:

where the quick wins are.

Matt Edmundson:

Yeah.

Matt Edmundson:

So there's no, I can't write a book and say, these are your top

Matt Edmundson:

10 quick wins, because it, every business is different, right?

Matt Edmundson:

Yeah.

Matt Edmundson:

Every business is unique.

Matt Edmundson:

Um, but I, I could, I could quite easily write

Matt Edmundson:

a book, go, these are the principles of marketing.

Matt Edmundson:

Read through this and the quick wins will become obvious.

Matt Edmundson:

That, that kind of thing.

Matt Edmundson:

It's, um, which I, I, I, I think is, is probably a, a

Matt Edmundson:

more successful route forward.

Matt Edmundson:

Um.

Matt Edmundson:

But I like how you, you talked about, figure out what your

Matt Edmundson:

strengths are because I, I have this, um, I have a manifesto,

Matt Edmundson:

Tony, because I like manifestos.

Matt Edmundson:

Actually, it's just a fancy name for a bit of, a bit

Matt Edmundson:

of writing that I did once.

Matt Edmundson:

Um, where I, I liken most e-commerce entrepreneurs, I call

Matt Edmundson:

them digital Davids, you know, the David and Goliath story.

Matt Edmundson:

Mm-hmm.

Matt Edmundson:

And I, I, I paint Amazon and Walmart as the Goliath

Matt Edmundson:

because, you know, I, I can and make them the bad guy.

Matt Edmundson:

And David won the battle with Goliath.

Matt Edmundson:

'cause he played to his own strengths.

Matt Edmundson:

Yeah.

Matt Edmundson:

And, and, and one of the questions I get asked, you

Matt Edmundson:

know, a lot, and I'm, I I, I appreciate on the podcast,

Matt Edmundson:

I use this for, I get asked a lot of questions and you

Matt Edmundson:

can you, but this one I do get asked a lot is like, how

Matt Edmundson:

do I, how do I beat Amazon?

Matt Edmundson:

Right?

Matt Edmundson:

Um, and I think actually you've gotta play to your

Matt Edmundson:

strengths is is the answer.

Matt Edmundson:

You know, you've gotta, you've got, 'cause the one

Matt Edmundson:

thing Amazon can't be is you.

Matt Edmundson:

No, they can't be you and your brand.

Matt Edmundson:

Hmm.

Matt Edmundson:

They can't be your, your positioning.

Matt Edmundson:

They can't be your brand.

Matt Edmundson:

Uh, what you stand for and, and all that sort of thing.

Matt Edmundson:

They can't, they, they don't have your values, they don't

Matt Edmundson:

have your tone of voice.

Matt Edmundson:

They don't have your ability to tell a story.

Matt Edmundson:

Yeah.

Matt Edmundson:

You know, they're just a big machine which sells stuff.

Matt Edmundson:

Yeah.

Matt Edmundson:

But you've got stuff that's got a story and so how do you,

Matt Edmundson:

how do you bring that out?

Matt Edmundson:

Um, and so I like what you say, you know, play to

Matt Edmundson:

your strengths and, and.

Matt Edmundson:

Everyone has to think about content, um,

Tony Conte:

and brand, you're just hitting nail

Tony Conte:

on the head as well.

Tony Conte:

Is the, is I I, I've, I've seen a lot of e-commerce brands now

Tony Conte:

build, building their brand more so than ever before.

Tony Conte:

So building the personality, getting that personality

Tony Conte:

in the forefront.

Tony Conte:

A huge amount of kind of brands that, um, I'd say

Tony Conte:

90% of them have come to us and actually they've come

Tony Conte:

to us thinking, oh, I need.

Tony Conte:

Paid ads, I need meta, et cetera.

Tony Conte:

Mm-hmm.

Tony Conte:

And we've like, no, you need to get your story.

Tony Conte:

Yeah.

Tony Conte:

Actually above, I'll call it above the fold.

Tony Conte:

'cause that was a thing.

Tony Conte:

Yeah.

Tony Conte:

But you know, it's not in, you know, they're not

Tony Conte:

selling their story and Yeah.

Tony Conte:

Um, there's so much more kind of engagement, um, when it comes

Tony Conte:

to, uh, consumers these days.

Tony Conte:

Customers these days that they want us, they wanna know

Tony Conte:

about the founder of a Yeah.

Tony Conte:

X brand that Yeah.

Tony Conte:

Is, yeah.

Tony Conte:

That came from such and such fashion brand originally,

Tony Conte:

and they stand for X, Y, and Z. Um, a lot of this

Tony Conte:

information is hidden on websites sometimes, especially

Tony Conte:

with the independent brands.

Tony Conte:

They don't think that actually I need to bring that to the, to

Tony Conte:

the, to the top, um, as a story.

Tony Conte:

So, so once you've bought into it.

Tony Conte:

You are kind of, you're, you're bought into their story.

Tony Conte:

You bought into them, you're bought into the brand.

Tony Conte:

You bought into the product, and you, you've

Tony Conte:

basically bought something.

Matt Edmundson:

Yeah.

Tony Conte:

In the checkout.

Tony Conte:

Out the checkout.

Tony Conte:

Yeah.

Matt Edmundson:

No, no.

Matt Edmundson:

It's totally true.

Matt Edmundson:

I'm, I'm with you all the way, and I think, you

Matt Edmundson:

know, I, I see a lot of websites which are cookie

Matt Edmundson:

cutters, you know that Yeah.

Matt Edmundson:

They're a carbon copy of somebody else's in their

Matt Edmundson:

market because they feel this is what I need to do.

Matt Edmundson:

Yeah.

Matt Edmundson:

I mean, we were joking before we recorded.

Matt Edmundson:

Can you know, can you build me a bango website for.

Matt Edmundson:

Five grand or whatever.

Matt Edmundson:

It's like no, just no.

Matt Edmundson:

Yeah.

Matt Edmundson:

Um, but you kind of have this sense as what

Matt Edmundson:

my website should be.

Matt Edmundson:

Website, uh, website should be Sorry, kids.

Matt Edmundson:

The bad ones.

Matt Edmundson:

Yeah.

Matt Edmundson:

Yeah.

Matt Edmundson:

They're the bad ones.

Matt Edmundson:

Yeah.

Matt Edmundson:

Yeah.

Matt Edmundson:

But at, at the same time, this, this tension of

Matt Edmundson:

brand of your voice of.

Matt Edmundson:

Telling your story?

Matt Edmundson:

Well, I think I became more aware of it when,

Matt Edmundson:

um, Toms became a thing.

Matt Edmundson:

Oh yeah, yeah.

Matt Edmundson:

Do you know what I mean?

Matt Edmundson:

And you, and you looked at that and you thought, wow, blind me.

Matt Edmundson:

They, they've, they've managed to use this brand, this story

Matt Edmundson:

so well, um, that it kind of threw the world upside down a

Matt Edmundson:

little bit, uh, at that point.

Matt Edmundson:

And, and I know that there were other brands around at

Matt Edmundson:

the time, but that was the one that stood out for me.

Matt Edmundson:

I don't know what stood out for you.

Matt Edmundson:

So many can't think now.

Matt Edmundson:

Actually, you put me on the spot.

Matt Edmundson:

Nah, this is what we do.

Matt Edmundson:

This is what we Well, let's, um, uh, take you off that spot.

Matt Edmundson:

Let's talk about this report that you guys have put together.

Matt Edmundson:

2020 x. Tell me about that.

Tony Conte:

Yeah, so last year we, we, um, reached out to,

Tony Conte:

um, CMOs, e-commerce, brand managers, et cetera, and ask

Tony Conte:

'em to fill out a, a, a survey around their challenges, what

Tony Conte:

they see next, et cetera.

Tony Conte:

And, um.

Tony Conte:

What they see as, yeah, basically what they see as the

Tony Conte:

next big thing and, and really what they're doing and what

Tony Conte:

they're not doing, et cetera.

Tony Conte:

So we collated all this, um, this information together and

Tony Conte:

the, the general consensus was that everything, everything

Tony Conte:

seems to be coming from a central piece of work

Tony Conte:

that they're not doing.

Tony Conte:

Enough of, but they're aware of, and it's, it's looking

Tony Conte:

after the, the customer journey and the customer

Tony Conte:

experience what on whatever platform and the website.

Tony Conte:

So everyone thinks like customer experience or CX is just the

Tony Conte:

website, but it's not, it's every single platform basically.

Tony Conte:

Yeah.

Tony Conte:

And pretty much everybody knows that they, they knew

Tony Conte:

they need to increase the customer experience to

Tony Conte:

increase the conversion.

Tony Conte:

But they were focused so much on short term wins rather

Tony Conte:

than looking at the long term strategy, et cetera.

Tony Conte:

Yeah.

Tony Conte:

But they know they need to do that, and I think that's

Tony Conte:

the pressure that, that, that brands, um, are under, you know,

Tony Conte:

within the report it kind of goes on about what sort of, what

Tony Conte:

their biggest challenges are.

Tony Conte:

Where it's, it's, it's.

Tony Conte:

It's the fragmented of data.

Tony Conte:

So they're so stuck in data.

Tony Conte:

They've, they're spending more time in all knee deep in the

Tony Conte:

data and actually not thinking about the customer experience,

Tony Conte:

where in actual fact it's, so, it's, it's equally as important.

Tony Conte:

I, I get data's important, don't get me wrong.

Tony Conte:

We, we live by it with, with the campaigns that we run.

Tony Conte:

But that was, that was one fundamental, uh, challenge

Tony Conte:

that they need to, they know they need to resolve, but

Tony Conte:

they're not, they're not, they, they're, they're.

Tony Conte:

They're admitting that they're not doing it fast enough.

Tony Conte:

Yeah.

Tony Conte:

They're just not reacting.

Tony Conte:

Um, so, you know, and game changing kind of insights

Tony Conte:

that they were thinking of.

Tony Conte:

You know, the likes of obviously TikTok shop, they,

Tony Conte:

uh, live shopping as well.

Tony Conte:

Yeah.

Tony Conte:

It's something that came up as well.

Tony Conte:

Yeah.

Tony Conte:

I believe that as well.

Tony Conte:

You know, in terms of, I, I agree with that.

Tony Conte:

I think, um, certain countries out there.

Tony Conte:

Then China, uh, uh, sort of smashing it from that point

Tony Conte:

of view, it is coming here.

Tony Conte:

Mm-hmm.

Tony Conte:

And it is, you know, basically QVC on steroids online.

Tony Conte:

It is, yeah.

Tony Conte:

Yeah.

Tony Conte:

And I think, um, it's gonna bounce quite high, um, when,

Tony Conte:

when it really takes off in this, I know it's already

Tony Conte:

here, but it's, it's, I don't think we've seen,

Tony Conte:

you know, enough of it.

Tony Conte:

And I think it's coming and that's the area.

Tony Conte:

No,

Matt Edmundson:

I, I'm, I'm always surprised at how

Matt Edmundson:

little it's been done here, considering the success of QVC.

Tony Conte:

Yeah.

Matt Edmundson:

And considering the success of

Matt Edmundson:

live shopping in, in, certainly in Asia, like you say.

Matt Edmundson:

Yeah.

Matt Edmundson:

Um, and I was always surprised that Instagram never figured

Matt Edmundson:

out that if it did live streams, you could, it could

Matt Edmundson:

have a buy now button on on.

Matt Edmundson:

Yeah.

Matt Edmundson:

Do you know what I mean?

Matt Edmundson:

And, and you could integrate that somehow with social

Matt Edmundson:

selling, which TikTok obviously, you know, they,

Matt Edmundson:

they, they've done that.

Matt Edmundson:

So there's a few, there's a lot of questions I have, like,

Matt Edmundson:

why is this not taken off?

Matt Edmundson:

But I, I'm with you in the sense that live shopping, I think.

Matt Edmundson:

Is gonna become one of those things, which is more and

Matt Edmundson:

more of a bigger deal to the point where I've been talking

Matt Edmundson:

to the guys in our team, um, like, can we carve out space

Matt Edmundson:

in the warehouse to create a studio, like a live TV studio?

Matt Edmundson:

It doesn't have to be big.

Tony Conte:

No.

Matt Edmundson:

Um, we have pod, a podcast studio,

Matt Edmundson:

obviously down there.

Matt Edmundson:

Yeah.

Matt Edmundson:

Um, and I'm in the podcast studio at my house.

Matt Edmundson:

But having a podcast studio and a live TV studio, I think

Matt Edmundson:

those two things are fast becoming like non-negotiables.

Matt Edmundson:

Yeah.

Matt Edmundson:

If that makes sense.

Matt Edmundson:

Yeah.

Matt Edmundson:

Um, but so I'm intrigued that you mentioned that.

Tony Conte:

Well, the other aspect as well is if we're,

Tony Conte:

we're, if we wanna see, um, I. A survival of retail,

Tony Conte:

um, independent retailers.

Tony Conte:

Let's just take them for an example.

Tony Conte:

As an example.

Tony Conte:

I see no reason why on their slow days, you know,

Tony Conte:

whether it's Monday, Tuesday, Wednesday, whatever, that

Tony Conte:

they shouldn't have a popup in their shop of a live.

Tony Conte:

I. Piece.

Tony Conte:

Mm-hmm.

Tony Conte:

You know, out, out the back, et cetera.

Tony Conte:

That tho those, that those, they can, they can create

Tony Conte:

that, that commerce mm-hmm.

Tony Conte:

On those days with their live feeds.

Tony Conte:

'cause all we're doing with the live feeds is we're

Tony Conte:

pushing ads to the live feeds.

Tony Conte:

It's, isn't it, you know, it's as simple as that.

Matt Edmundson:

Mm-hmm.

Tony Conte:

Get a live feed, get an agency, or if

Tony Conte:

you can do it yourself and promote the hell out of that.

Tony Conte:

Live feed to that audience, which we know we can

Tony Conte:

get you in front of.

Tony Conte:

Mm-hmm.

Tony Conte:

It's a no-brainer.

Tony Conte:

Um, and for me, if, if it's an independent retail,

Tony Conte:

it's thinking, okay, these days are really slow.

Tony Conte:

We had to get that many sales on, on Mondays, well turn it

Tony Conte:

into a, turn it into a live shop day and just get a, get a cube.

Tony Conte:

And get filming or get a counter, whatever it is.

Tony Conte:

It doesn't matter if you sell ice cream or not ice cream, but

Tony Conte:

you know, it doesn't matter.

Tony Conte:

It doesn't matter if, no, I'm gonna sell ice

Matt Edmundson:

cream and start doing live show and

Matt Edmundson:

I'm gonna use it as an excuse for my wife that I have

Matt Edmundson:

to go and eat ice cream.

Matt Edmundson:

Exactly.

Matt Edmundson:

Exactly.

Tony Conte:

Exactly.

Tony Conte:

But I think that's, that's an opportunity I think, you

Tony Conte:

know, for independent, and it doesn't, it wouldn't cost them

Tony Conte:

that much to kind of get set up.

Tony Conte:

No.

Tony Conte:

Especially like you say,

Matt Edmundson:

if they've already got a store.

Matt Edmundson:

Yeah.

Matt Edmundson:

Whereas I don't have a store for my e-comm sites, it's

Matt Edmundson:

just a boring warehouse.

Matt Edmundson:

I have to build a studio.

Matt Edmundson:

Yeah.

Matt Edmundson:

You're right.

Matt Edmundson:

I, I think for the, for a lot of people, they don't

Matt Edmundson:

actually have to do that.

Matt Edmundson:

Yeah.

Matt Edmundson:

And, um, you can, you can use what you've got.

Matt Edmundson:

You don't, I mean, you know, you don't need the fancy.

Matt Edmundson:

I was watching a guy who set up a, a a, a YouTube studio.

Matt Edmundson:

Spent like quarter of a million quid on the studio.

Matt Edmundson:

You're just like, holy moly.

Matt Edmundson:

Um, you know, I think you can do everything on

Matt Edmundson:

your iPhone these days.

Tony Conte:

I think that's, that's, that's a really good

Tony Conte:

point 'cause I think some of the best raw kind of footage that

Tony Conte:

you see these days that goes via Royal is off an iPhone anyway.

Tony Conte:

So

Matt Edmundson:

it's interesting, isn't it, how this

Matt Edmundson:

sort of, and what works well on TikTok shop and what works user

Matt Edmundson:

generated content works well.

Matt Edmundson:

It's not polished, it's not like the po I mean these are

Matt Edmundson:

just, and you get that best off your iPhone rather than

Matt Edmundson:

the 7,000 pound Sony camera.

Tony Conte:

Yeah.

Tony Conte:

It's almost as if it's authentic 'cause you've kind of, it's

Tony Conte:

a bit raw and it's a bit.

Tony Conte:

Yeah.

Tony Conte:

It, it definitely is that, and we've, we've, we've had

Tony Conte:

a lot of success, um, from, uh, user-generated content.

Tony Conte:

Um, def it's, yeah.

Tony Conte:

It, it really works.

Tony Conte:

It, the, the RO the better.

Matt Edmundson:

Mm-hmm.

Tony Conte:

Because it just looks like it's

Tony Conte:

not, it's, it's natural.

Tony Conte:

Yeah.

Tony Conte:

Um, it's authentic as such.

Matt Edmundson:

Yeah.

Matt Edmundson:

I mean, how long that trend lasts for, I have no idea.

Matt Edmundson:

But while it's there, use it because you've, chances

Matt Edmundson:

are you've got the capacity to do it in your pocket.

Matt Edmundson:

Right, exactly.

Matt Edmundson:

So get get on it.

Matt Edmundson:

Exactly.

Matt Edmundson:

What, um, what other things did your report bring out

Matt Edmundson:

that were interesting?

Tony Conte:

Um, well, I, I'll be honest with you.

Tony Conte:

Everything was it, you know, everything seems to, it kept

Tony Conte:

pointing, um, to CX really?

Tony Conte:

Mm. Um, I think, you know that, that it pretty much.

Tony Conte:

Cemented, you know, that, um, everyone was aware that

Tony Conte:

lack of content was key.

Tony Conte:

Yeah.

Tony Conte:

They need to bring content in-house to, to, um, yeah.

Tony Conte:

To, to, to get the kind of.

Tony Conte:

To get the control, I'd say.

Tony Conte:

Yeah.

Tony Conte:

That was, and the brand

Matt Edmundson:

voice, isn't it?

Matt Edmundson:

The story, the, the tone and all that sort of things,

Matt Edmundson:

which you can't outsource.

Tony Conte:

Yeah, that was, that was really key.

Tony Conte:

The, the need, like I said, knee deep in, um, data

Tony Conte:

was, uh, stifling them.

Matt Edmundson:

Mm-hmm.

Tony Conte:

Um, that was another area as well.

Tony Conte:

Um, just trying to think off the top of my head actually.

Tony Conte:

The, the, um, but the, the.

Tony Conte:

I think the customer experience is everything

Tony Conte:

and they just, they, I think they were Oh, massively.

Tony Conte:

Yeah.

Tony Conte:

All sounded like gutted basically.

Tony Conte:

That they weren't on top of it.

Tony Conte:

Yeah.

Tony Conte:

On top of the customer thinking out, you know, I think the

Tony Conte:

big thing is it was that the fact that they know they

Tony Conte:

need to be thinking further ahead for, um, longevity.

Tony Conte:

Yeah.

Tony Conte:

And sustainability.

Tony Conte:

That's, that I think is key, especially for a

Tony Conte:

brand, you know, that.

Tony Conte:

Is trying to compete in a, in a saturated market as well.

Tony Conte:

The only way of doing that is thinking ahead and, um,

Tony Conte:

you know, showing that, you know, the, the showing that

Tony Conte:

the brand and the, the, the personality is there.

Tony Conte:

I think, I think off the top of my head is that, you know, I

Tony Conte:

think it was, but it was about 60%, um, said that, you know,

Tony Conte:

customer experience really matters to them the most.

Tony Conte:

But only about, I think there's only 30% are actually

Tony Conte:

doing anything about it.

Tony Conte:

Which is fascinating,

Matt Edmundson:

isn't it?

Matt Edmundson:

Yeah.

Matt Edmundson:

But that's, I think that's a common trait amongst,

Matt Edmundson:

um, business people, certainly in e-commerce.

Matt Edmundson:

Yeah.

Matt Edmundson:

I know what I'm supposed to do.

Matt Edmundson:

Are you doing it?

Matt Edmundson:

No.

Matt Edmundson:

Well, I'm busy, isn't I?

Matt Edmundson:

Yeah.

Matt Edmundson:

Is, is a, is a reality of it all, you know, and it

Tony Conte:

comes from the top as well.

Tony Conte:

If you've got a financial, um, whoever's in charge of

Tony Conte:

finance, you know, if you've got the FD breathing down

Tony Conte:

your neck and like, gotta get more, et cetera, et cetera,

Tony Conte:

and, and they're trying to fix cash flow with paid media.

Tony Conte:

Yeah.

Tony Conte:

That's generally the, but paid media is going up.

Tony Conte:

So had you have thought about the customer experience and the,

Tony Conte:

maybe the content, et cetera.

Tony Conte:

Back back a year ago.

Tony Conte:

Yeah, yeah, yeah.

Tony Conte:

It'll be reaping its rewards now.

Tony Conte:

Yeah.

Tony Conte:

And that's something that people, that's so true.

Tony Conte:

You can't, you, you don't, you don't get

Tony Conte:

that taken away from you.

Tony Conte:

'cause once you've got built the brand and built

Tony Conte:

your authority mm-hmm.

Tony Conte:

Then you've got that stability, then it's about protecting

Tony Conte:

and growing there again.

Tony Conte:

Yeah.

Tony Conte:

Yeah.

Tony Conte:

Whereas with paid, just throwing money at paid isn't always

Tony Conte:

just, uh, you know, it's not the silver bullet as such.

Tony Conte:

It's a bit, it is a bit risky, but don't get me wrong,

Tony Conte:

it, it absolutely works.

Tony Conte:

But.

Tony Conte:

You know, you can't control what Google wants to

Tony Conte:

charge you for a click.

Matt Edmundson:

No.

Matt Edmundson:

And it, and you're right, it's only gonna go up.

Matt Edmundson:

Yeah.

Matt Edmundson:

It's never, I, I've never ever gone into it and gone, oh,

Matt Edmundson:

we're paying less to Google.

Matt Edmundson:

How nice that, that just doesn't, that just

Matt Edmundson:

doesn't compute really.

Matt Edmundson:

Um, but I, I, I totally get what you're saying around

Matt Edmundson:

the customer experience and, and just making, 'cause

Matt Edmundson:

again, this is where I think you differentiate yourself.

Matt Edmundson:

This is where, um, you.

Matt Edmundson:

Become different to Amazon, you become different to your

Matt Edmundson:

competitors, is actually that customer experience.

Tony Conte:

Yeah.

Matt Edmundson:

Um, I mean, I've told the story before on the, on

Matt Edmundson:

the podcast, and if you're new you won't have heard the story.

Matt Edmundson:

If you're old, you, well, here's a friendly reminder, but um,

Matt Edmundson:

I remember when we actually, we had a beauty company,

Matt Edmundson:

which I sold a few years ago, but we had a beauty company.

Matt Edmundson:

And we were sitting down and we were looking at, we wanted

Matt Edmundson:

to understand why customers bought, you know, the average

Matt Edmundson:

order value was like 75 quid on beauty products.

Matt Edmundson:

Now, of course, I'm a fell, I'm the wrong target

Matt Edmundson:

market in, in many ways.

Matt Edmundson:

I, you know, I spend four pound 50 and think I've

Matt Edmundson:

been overcharged on beauty, as you can tell, right?

Matt Edmundson:

So, so the fact that people were spending like 75, 80 quid

Matt Edmundson:

just astounded me in many ways.

Matt Edmundson:

And, and that was the average and.

Matt Edmundson:

We quickly realized that the customer was buying

Matt Edmundson:

themselves a gift, a treat.

Matt Edmundson:

It wasn't just skincare.

Matt Edmundson:

It was like, this is self-care.

Matt Edmundson:

This is, um, a, a gift for myself.

Matt Edmundson:

This was.

Matt Edmundson:

And so we thought, well, wouldn't it be interesting?

Matt Edmundson:

And we bought products from all of our competitors to see how

Matt Edmundson:

they would, how they turned up.

Matt Edmundson:

Every single one of them came in a Jiffy bag, you know, um,

Matt Edmundson:

the paled envelopes for those of you who dunno what a jiffy

Matt Edmundson:

bag is outside of the uk.

Matt Edmundson:

Um, so the, the boxes around the skincare were all bashed up.

Matt Edmundson:

Not that I cared because I'm taking the skincare outta the

Matt Edmundson:

box and putting it in the bin.

Matt Edmundson:

So we, we put the skincare in a box.

Matt Edmundson:

I. To protect it.

Matt Edmundson:

Um, we stopped wrapping it up in the, you know, the,

Matt Edmundson:

the air bubble things.

Matt Edmundson:

Um, and we started to use popcorn.

Matt Edmundson:

'cause a brand, we wanted to be fun.

Matt Edmundson:

We wanted to be seen as eco.

Matt Edmundson:

Wow.

Matt Edmundson:

So we, we thought, well, let's do popcorn.

Matt Edmundson:

Took us a while to figure that out.

Matt Edmundson:

We wrapped the whole thing in tissue paper.

Matt Edmundson:

So it felt like when you opened the box, you,

Matt Edmundson:

you were opening a gift.

Matt Edmundson:

Do you know what I mean?

Matt Edmundson:

We added a bit of extra stuff to the box.

Matt Edmundson:

The whole exercise meant that every parcel cost me

Matt Edmundson:

another two pence to send out.

Matt Edmundson:

But that's when return purchase rates started

Matt Edmundson:

going through the roof.

Matt Edmundson:

Right.

Matt Edmundson:

And it was just, it was just crazy.

Matt Edmundson:

And so we were like, well, this is interesting, you

Matt Edmundson:

know, because it worked well, because we thought about

Matt Edmundson:

the customer experience.

Matt Edmundson:

Yeah.

Matt Edmundson:

As in what, what, what do they experience?

Matt Edmundson:

What, what do we need to help them feel more of?

Matt Edmundson:

Yeah.

Matt Edmundson:

For them to really, you know, connect with our brand.

Matt Edmundson:

And I,

Tony Conte:

and I think whether, you know, if you're,

Tony Conte:

if you're an e-commerce brand and you're running.

Tony Conte:

All, all the main channels.

Tony Conte:

Um, I think if you ask each channel, each channel, um,

Tony Conte:

head and say what, you know, understand the, if you, if

Tony Conte:

you're understanding the customer experience and

Tony Conte:

you, and you are in SEO, you have to, you have to.

Tony Conte:

And I think if everybody understands what that

Tony Conte:

customer experience is for that brand, then

Tony Conte:

everybody can work in Unity.

Tony Conte:

And it all has this compounding, um, effect.

Tony Conte:

I think because, you know.

Tony Conte:

Anybody working in SEO, anybody working in paid

Tony Conte:

anyone working in social, they should understand right now

Tony Conte:

that there's an increasing competition all the time.

Tony Conte:

Mm-hmm.

Tony Conte:

So understand the customer, 'cause that's gonna

Tony Conte:

win you more hearts.

Tony Conte:

Yeah.

Tony Conte:

You know, um, it's, you know, the rising cost of, of acquiring

Tony Conte:

sales is getting more, but you know, and again, you can

Tony Conte:

counter that to a degree by.

Tony Conte:

Customer experience conversion on our website.

Tony Conte:

Mm-hmm.

Tony Conte:

You know, if we can increase that, that's gonna help.

Tony Conte:

Um, making sure that the customer realizes the

Tony Conte:

customer all the time, it's the customer in the middle.

Tony Conte:

But, uh, creating the differentiation as well

Tony Conte:

with your brand as well.

Tony Conte:

Is it different?

Tony Conte:

Is, if it's not, then what's the point?

Tony Conte:

Um, and yes, you can drive new customers.

Tony Conte:

You have to be, be really good at customer experience.

Tony Conte:

'cause you wanna drive those repeat sales back again.

Tony Conte:

Yeah.

Tony Conte:

Yeah.

Tony Conte:

And it's all about sustainable, efficient,

Tony Conte:

you know, efficient growth.

Tony Conte:

And that comes back down to knowing the numbers,

Tony Conte:

really efficient growth.

Tony Conte:

Um, and the FD at the top then is gonna be happy.

Tony Conte:

Because, and they can, you can for, you can start to

Tony Conte:

forecast at least when can't repeat customers, can't you?

Tony Conte:

Yeah.

Tony Conte:

You can get a pattern, whereas with no.

Tony Conte:

If you can't forecast, the fts gonna be like

Tony Conte:

pulling their hair out.

Matt Edmundson:

Well, once you've got the pattern, then

Matt Edmundson:

you've, you've created value for the business, right?

Matt Edmundson:

Yeah.

Matt Edmundson:

So I, I go out, I dunno if you do this to me, but I go and

Matt Edmundson:

acquire other econ businesses.

Matt Edmundson:

Right?

Matt Edmundson:

Right.

Matt Edmundson:

So I, I do, I I do that and I'm, I'm, I'm a equity partner

Matt Edmundson:

in a number of businesses now.

Matt Edmundson:

Um.

Matt Edmundson:

We're always looking at, once I get involved, I'm

Matt Edmundson:

like, how can I increase the value of this business?

Matt Edmundson:

Mm-hmm.

Matt Edmundson:

Right?

Matt Edmundson:

So if it was sold to whoever from private equity down

Matt Edmundson:

to, to whoever, um, how do we maximize the value?

Matt Edmundson:

And that predictable cash flow is quite extraordinary.

Matt Edmundson:

So if I took a business.

Matt Edmundson:

As just a standalone business that sold one-offs, widgets.

Matt Edmundson:

It would be worth probably at the moment, if I'm

Matt Edmundson:

being totally honest, maybe two or three times ebit.

Matt Edmundson:

Right?

Matt Edmundson:

Yeah.

Matt Edmundson:

It's just that's how you would value a business.

Matt Edmundson:

At the moment, it's not what it was at all.

Matt Edmundson:

Um, but if I took those same customers, made the

Matt Edmundson:

same profit, but did it on a subscription business.

Matt Edmundson:

Yeah.

Matt Edmundson:

As opposed to a one-time purchase business.

Matt Edmundson:

Well, I'm starting to get multiples instead of two and

Matt Edmundson:

three, I'm starting to get multiples of four and five.

Matt Edmundson:

Do you see what I mean?

Matt Edmundson:

Yeah.

Matt Edmundson:

So I've doubled the business with, or doubled the value

Matt Edmundson:

of the business without really massively increasing

Matt Edmundson:

anything else because of that predictable income.

Matt Edmundson:

Yeah.

Matt Edmundson:

Um, and so no, you, you're totally right.

Matt Edmundson:

That whole value side is interesting.

Tony Conte:

I mean, I think, I think I read somewhere

Tony Conte:

that acquiring a new customer pretty much costs cost you

Tony Conte:

anything for five to, I think five to 25 times more than

Tony Conte:

retaining the current one.

Tony Conte:

Yeah.

Tony Conte:

So why would you not invest some time in terms of understanding

Tony Conte:

your existing customers and trying to flog to them?

Tony Conte:

Again, I. And again.

Tony Conte:

No, you totally would.

Tony Conte:

And again and again, I think it's com I think

Tony Conte:

it's common sense.

Tony Conte:

You go into a, you used to go into a shop,

Tony Conte:

you'd get a customer, you get a good customer

Tony Conte:

experience, you'd go back.

Tony Conte:

It's just, 'cause it's online doesn't mean it's any different.

Matt Edmundson:

Yeah.

Matt Edmundson:

Yep.

Matt Edmundson:

No, that's very true.

Matt Edmundson:

Very true.

Matt Edmundson:

Tony, listen, but I'm aware of time.

Matt Edmundson:

Oh.

Matt Edmundson:

And it is fast approaching, uh, at the end of our

Matt Edmundson:

recording session.

Matt Edmundson:

So, uh, let me ask you if people wanna reach out, if

Matt Edmundson:

they want to connect with you.

Matt Edmundson:

I think actually people need to go download

Matt Edmundson:

this report, um, yeah.

Matt Edmundson:

Which is on your website, so maybe tell

Matt Edmundson:

people how to do that.

Tony Conte:

Yeah, sure.

Tony Conte:

If, um, well, to, to reach out probably the easiest way is,

Tony Conte:

um, LinkedIn, uh, just punch in Tony Conte brave agency.

Tony Conte:

Uh, be able to see my, my profile.

Tony Conte:

I've got a little lion next to my name because

Tony Conte:

the lions are brave.

Tony Conte:

I.

Matt Edmundson:

Is that what it is?

Matt Edmundson:

Little Leo.

Matt Edmundson:

The lions nice

Tony Conte:

and broken.

Tony Conte:

That's, that's it.

Tony Conte:

Yeah.

Tony Conte:

Um, our, our report is, um, you can download the report

Tony Conte:

at um, uh, I won't even bother with the www dot 'cause

Tony Conte:

that's old school, isn't it?

Tony Conte:

It is, but you've done it now.

Matt Edmundson:

So

Tony Conte:

yeah.

Matt Edmundson:

Brave agency.

Matt Edmundson:

There you go.

Matt Edmundson:

It is funny actually, when it comes to using these non-US

Matt Edmundson:

domains like agency do digital, I feel the need to put www

Matt Edmundson:

just to make it really clear to the person in front of me that

Matt Edmundson:

I'm talking about a website.

Matt Edmundson:

Yeah, that's So if it was brave agency.com, you would

Matt Edmundson:

never do it, but because it's brave.agency like Yeah.

Matt Edmundson:

I, I just feel I need to say www.

Matt Edmundson:

Just to clarify, it's a website, just in case you don't know

Matt Edmundson:

that agency is a website.

Matt Edmundson:

I wonder if some people actually know what WWW stands for.

Matt Edmundson:

Do you know what I mean?

Matt Edmundson:

We should probably do a, certainly with, uh, I

Matt Edmundson:

should ask my kids, kids.

Matt Edmundson:

What does www stand for?

Matt Edmundson:

I've, I've half of them don't know.

Matt Edmundson:

When was the last time you typed in www dot a search browser?

Matt Edmundson:

No.

Matt Edmundson:

I just don't even remember.

Tony Conte:

When was the last time you used

Tony Conte:

the internet there?

Tony Conte:

A website.

Tony Conte:

Now there's a scary thought.

Matt Edmundson:

Yeah.

Matt Edmundson:

Yeah.

Matt Edmundson:

Well, that's a whole, whole nother topic of

Matt Edmundson:

a whole nother podcast.

Matt Edmundson:

It's right there.

Matt Edmundson:

It but Tony, man, listen, it's been great to connect

Matt Edmundson:

and great to meet with you.

Matt Edmundson:

Thanks for coming on and, uh, enjoyed the conversation

Matt Edmundson:

and going down, uh, memory lane a little bit.

Matt Edmundson:

Cheers.

Matt Edmundson:

Uh, with a, another e-commerce dinosaur.

Matt Edmundson:

No, pioneer.

Matt Edmundson:

But there we go.

Matt Edmundson:

What a fantastic conversation.

Matt Edmundson:

Huge round of applause.

Matt Edmundson:

Let's do this.

Matt Edmundson:

Yes.

Matt Edmundson:

Massive round of applause to Tony for.

Matt Edmundson:

That's enough applause.

Matt Edmundson:

Uh, massive round of applause to Tony for joining me today.

Matt Edmundson:

Now, be sure to follow the e-commerce podcast wherever

Matt Edmundson:

you get your podcast from because we've got some more

Matt Edmundson:

great conversations lined up.

Matt Edmundson:

And I don't want you to miss any of them.

Matt Edmundson:

And in case no one has told you yet today, let me be the first.

Matt Edmundson:

You are awesome.

Matt Edmundson:

Yes, you are created.

Matt Edmundson:

Awesome.

Matt Edmundson:

It's just a burden you've got to bear.

Matt Edmundson:

Tony's gotta bear it.

Matt Edmundson:

I've gotta bear it.

Matt Edmundson:

You've got a bear it as well.

Matt Edmundson:

Oh yes.

Matt Edmundson:

Now the E-Commerce podcast is produced by Pod Junction.

Matt Edmundson:

You can find our entire archive of episodes on

Matt Edmundson:

your favorite podcast app.

Matt Edmundson:

The theme song was written by Josh Edmondson, and as I

Matt Edmundson:

mentioned, if you'd like to read the transcript, the show

Matt Edmundson:

notes, all that good stuff, they're available on our

Matt Edmundson:

website@ecommercepodcast.net.

Matt Edmundson:

No www required.

Matt Edmundson:

Uh, and instantly you can also sign up to the newsletter.

Matt Edmundson:

But that's it from me.

Matt Edmundson:

That's it from Tony.

Matt Edmundson:

Thank you so much for joining us.

Matt Edmundson:

Have a fantastic week wherever you are in the world.

Matt Edmundson:

I will see you next time.

Matt Edmundson:

Bye.