Hello and welcome to another episode of the eCommerce Podcast
Matt Edmundson:with me, your host, Matt Edmundson.
Matt Edmundson:The eCommerce Podcast is all about helping you deliver eCommerce wow.
Matt Edmundson:And to help us do just that, today we are chatting with
Matt Edmundson:Vikram Saxena from BetterCommerce about all things Omnichannel.
Matt Edmundson:We're going to get into what Omnichannel eCommerce is.
Matt Edmundson:As things currently stand in 2024 with the maestro himself, Vikram.
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Matt Edmundson:Let's talk about today's guest, Mr.
Matt Edmundson:Vikram.
Matt Edmundson:Yes, from teaching Microsoft Office, remember those days,
Matt Edmundson:to pioneering in eCommerce.
Matt Edmundson:Vikram turned a coding hobby into BetterCommerce, revolutionising retail
Matt Edmundson:with customisable, budget friendly tech.
Matt Edmundson:His journey from a self taught coder to a CEO showcases a leap
Matt Edmundson:from corporate life Two filling a critical gap with an API first Lego.
Matt Edmundson:I love this Lego like approach for mid market retailers.
Matt Edmundson:Now he's not just an entrepreneur.
Matt Edmundson:Oh no, he's a visionary making eCommerce accessible advocating
Matt Edmundson:for growth without growing pains.
Matt Edmundson:Love, love, love that.
Matt Edmundson:We are all advocating for eCommerce, which I think is why we're here, Vikram, but
Matt Edmundson:it's great to have you on the show, man.
Matt Edmundson:Thank you for joining me.
Vikram Saxena:Thank you so much, Matt.
Vikram Saxena:It's a pleasure being here.
Vikram Saxena:I've been hearing a few of the podcasts and it's absolutely amazing
Vikram Saxena:what you've got, what you're doing.
Vikram Saxena:It's just phenomenal.
Matt Edmundson:Oh, bless you.
Matt Edmundson:We enjoy it.
Matt Edmundson:We enjoy doing it.
Matt Edmundson:We get to meet awesome people like yourself.
Matt Edmundson:What I liked about your bio what I, what made me smile when I was reading
Matt Edmundson:it is you are a self taught coder and it started out as a hobby and
Matt Edmundson:has now ended up as your business.
Matt Edmundson:And if I'm honest with you, that is exactly my story.
Matt Edmundson:I just started doing something for a hobby and it turns out it's now my career.
Matt Edmundson:Only I didn't build an eCommerce platform like you did with BetterCommerce.
Matt Edmundson:I just built my eCommerce empire, but it's good to,
Vikram Saxena:brilliant.
Matt Edmundson:yeah, it's good to share that, isn't it?
Matt Edmundson:It's good to have that in common.
Matt Edmundson:How did you get started in coding?
Matt Edmundson:Did you just have a go one day or was it more intentional?
Vikram Saxena:No, actually, I was quite disillusioned when I
Vikram Saxena:was at the college stage and I had no idea what I was going to do.
Vikram Saxena:So a friend of mine suggested, there's this opportunity of getting a job
Vikram Saxena:to train people on Microsoft Office.
Vikram Saxena:I said, I've never seen it.
Vikram Saxena:He said, no worries.
Vikram Saxena:I've never even seen Microsoft Office and that was Microsoft Office 97.
Matt Edmundson:Wow.
Vikram Saxena:he said, no worries, you can talk really well.
Vikram Saxena:Why don't you just go and give an interview?
Vikram Saxena:Maybe they select you and train you for it.
Vikram Saxena:I just went for the interview and they just selected me and
Vikram Saxena:three months I taught office.
Vikram Saxena:I still remember my first day I was standing there and I was teaching them
Vikram Saxena:things that I had never seen myself.
Vikram Saxena:I was opening a menu, I was opening a menu, clicked on File New, it
Vikram Saxena:created a new file and I just repeated whatever it did on the screen.
Matt Edmundson:Wow.
Vikram Saxena:but within three months, I literally burned the midnight oil
Vikram Saxena:and somehow it just took my fancy that this is what I want to do in my life.
Vikram Saxena:Computers, that's what I wanted to do.
Vikram Saxena:And then within three months, I got bored of Office, then next three months,
Vikram Saxena:I focused completely on the networking, hardware, assembling PCs, myself, Windows
Vikram Saxena:95, installing, uninstalling, doing all of that networking bit as well.
Vikram Saxena:And then I got bored of that as well.
Vikram Saxena:And then I said, I want to become a programmer.
Vikram Saxena:That was the next logical evolution.
Vikram Saxena:But everybody said, you don't have educational background, you don't have
Vikram Saxena:a degree in technology, you can't be.
Vikram Saxena:So I said, fine, I picked up a book, which read Learn ASP in 24 hours and you may not
Vikram Saxena:believe, but I actually sat with that book for 48 hours from page one to page last.
Vikram Saxena:And those two days were the enlightening part for my life.
Vikram Saxena:And I said, this is what I'm going to do for the rest of my life.
Vikram Saxena:And that was the beginning.
Vikram Saxena:That's it.
Matt Edmundson:Fantastic.
Matt Edmundson:I love that.
Matt Edmundson:Your little Damascus road experience ASP in 24 hours.
Matt Edmundson:I started in I started creating coding websites in 1997.
Matt Edmundson:So as you're teaching office, and in my head, Vikram, I'm showing my age slightly.
Matt Edmundson:I think we both are by talking about Office 97.
Matt Edmundson:Was that the one with the little paper clip in the
Vikram Saxena:Yes.
Vikram Saxena:Absolutely.
Vikram Saxena:Absolutely.
Vikram Saxena:That's the one.
Vikram Saxena:Yeah.
Vikram Saxena:Indeed it was.
Vikram Saxena:It was.
Vikram Saxena:Yeah, my, my first, yeah, my first rendezvous with the computers.
Vikram Saxena:Yeah.
Matt Edmundson:I was still using PCs back then as well.
Matt Edmundson:It wasn't until later I became, a Mac fanboy, but yeah, it's fascinating.
Matt Edmundson:Yeah, so I started coding websites in 1997.
Matt Edmundson:Got married in 98, one of the first websites I did was our wedding
Matt Edmundson:website, and it's funny I, like you, I got bored with a few things
Matt Edmundson:along the way and yet here I am.
Matt Edmundson:I didn't learn ASP I learnt PHP because it felt like it was slightly easier to get
Vikram Saxena:Yeah.
Matt Edmundson:I took the easy road, Vikram, I took the easy road.
Matt Edmundson:Yeah,
Vikram Saxena:of us survived and both the technologies have still
Vikram Saxena:survived, in some form or shape.
Matt Edmundson:you do much coding now?
Matt Edmundson:I do
Vikram Saxena:I still do.
Vikram Saxena:I, yeah, I know I'm completely hands on actually.
Vikram Saxena:I still spend my weekends learning new stuff, practicing new technologies,
Vikram Saxena:writing codes for some new solutions.
Vikram Saxena:I've built a solution over the weekends over the last six months,
Vikram Saxena:which basically automates the process across all software organization.
Vikram Saxena:And it's not just project management, it's across team, project, infrastructure,
Vikram Saxena:assignment, allocation, everything.
Vikram Saxena:And all of that I've done over the weekends all by myself.
Matt Edmundson:Wow.
Matt Edmundson:Keeps you busy then.
Matt Edmundson:I, unlike you I, we took on some a young chap called Mark Jackson.
Matt Edmundson:He came to us fresh out of university.
Matt Edmundson:He's still with us, Mark.
Matt Edmundson:This is years ago.
Matt Edmundson:I don't quite remember how many years ago now, a long time ago.
Matt Edmundson:Mark came and joined us fresh out of university.
Matt Edmundson:He had a degree in electronic engineering and I taught him
Matt Edmundson:everything I knew about coding.
Matt Edmundson:It took about 20 minutes and then and then he took it over really.
Matt Edmundson:And so now he's a director of all things technical and the.
Vikram Saxena:Brilliant.
Matt Edmundson:The skill level now in coding is just something else.
Matt Edmundson:Compared to what it was when I was writing, when I wrote the first
Matt Edmundson:eCommerce website, it's chalk and cheese.
Matt Edmundson:So I still get the basics.
Matt Edmundson:I still get the fundamentals, but yeah it's way beyond my, I'd have
Matt Edmundson:to, I'd probably have to spend six months trying to catch up now.
Matt Edmundson:My son, my eldest son is actually a much better programmer than I am.
Matt Edmundson:And
Vikram Saxena:very good.
Vikram Saxena:Yeah.
Matt Edmundson:yeah I, unlike, so unlike you I, I do miss it.
Matt Edmundson:The coding aspect of it.
Matt Edmundson:So how come you decided to write BetterCommerce then?
Matt Edmundson:What was the story behind that?
Vikram Saxena:So basically, in 98, I started off one year was primarily
Vikram Saxena:into corporate trainings, and then I moved on into the programming world.
Vikram Saxena:So about 10 years, I stayed in the corporate world, working for companies
Vikram Saxena:across Europe, and I lived in Germany for about three years, worked for
Vikram Saxena:a very large enterprise business.
Vikram Saxena:And then I learned a lot of new things, how to build platforms at scale, when
Vikram Saxena:you are, and at the time when we built that platform back in 2004, it was
Vikram Saxena:much bigger than Amazon at the time.
Vikram Saxena:It was a B2B web store, but it was much more in terms of revenue and volume that
Vikram Saxena:than Amazon that was doing at the time.
Matt Edmundson:Yeah.
Vikram Saxena:And then when I quit back in 2007, I started my own IT
Vikram Saxena:services business, and I was very happy doing it because I wanted freedom.
Vikram Saxena:I wanted freedom.
Vikram Saxena:I'm not cut out for corporate bureaucracy and, all of that repetitivism around.
Vikram Saxena:So I wanted to build something of my own and have a much more
Vikram Saxena:friendly culture and environment.
Vikram Saxena:So 2007 is when I quit and I started on my own.
Vikram Saxena:So I had been doing a lot of IT services business and we did a huge project.
Vikram Saxena:We built a platform for a company called Tech Data back in 2011- 2012.
Vikram Saxena:Which basically brought all the software giants of the world in one place.
Vikram Saxena:So if you remember back in the day, if you wanted to buy a software,
Vikram Saxena:you would probably walk to PC World, pick up a box, and that box
Vikram Saxena:would have a CD and a license key.
Vikram Saxena:So we built a platform which would eliminate all of that.
Vikram Saxena:Now, if you think about the logistics behind that box, what you were
Vikram Saxena:doing, what the behind the box was happening, was basically PC World was
Vikram Saxena:buying that box as a proper goods.
Vikram Saxena:from the distributor.
Vikram Saxena:Distributor was sourcing it from the manufacturers, which
Vikram Saxena:is the software vendors.
Vikram Saxena:And it was all being shipped, right?
Vikram Saxena:So we built a platform to eliminate all of that and make it completely
Vikram Saxena:digital and just in time.
Vikram Saxena:And at the time it was called Electronic Software Delivery.
Vikram Saxena:So we built a digital vault, which would store software license keys
Vikram Saxena:from hundreds of vendors in the world.
Vikram Saxena:Across Europe, U.
Vikram Saxena:S.
Vikram Saxena:and everywhere and even today that platform is very much in use.
Vikram Saxena:So if you go to Curry's website and you buy an Xbox or Office or Adobe
Vikram Saxena:or Symantec, you're basically using the platform that we built because
Vikram Saxena:even Curry's uses our platform in the
Matt Edmundson:Oh wow.
Vikram Saxena:Yeah, so like Curry's across Europe, you pick up any giant
Vikram Saxena:retailer, if you're buying software, chances are you're probably using
Vikram Saxena:the platform that we built for them.
Vikram Saxena:So that gave us the confidence of, doing something at a very large scale and we
Vikram Saxena:were doing some eCommerce websites and what we found was, that the eCommerce
Vikram Saxena:websites or the platforms available around the time, they were either, Shopify is
Vikram Saxena:of course brilliant and to get started off, my exposure has primarily been into
Vikram Saxena:mid to large scale businesses rather than people who are just starting off
Vikram Saxena:eCommerce or starting off their business.
Vikram Saxena:So we realized that the options available were either Magento or,
Vikram Saxena:Salesforce or Demandware back in the day, which became Salesforce later
Vikram Saxena:on, or, Hybris probably started off.
Vikram Saxena:And what we found was that these were very complicated to set up.
Vikram Saxena:These were very difficult to, configure, and you needed pretty much an army
Vikram Saxena:to get them up and running on the life cycles of implementation was
Vikram Saxena:around 24 months, 18 months, and the budgets ran into a couple of millions.
Vikram Saxena:Coming from that enterprise background, but having that agile approach to
Vikram Saxena:everything and simplifying things, we said, we want to build a midway
Vikram Saxena:between Shopify and Demandware, which basically offers your enterprise
Vikram Saxena:grade capabilities and scale.
Vikram Saxena:without burning a hole in your pocket and without burning
Vikram Saxena:a couple of million dollars.
Vikram Saxena:So that was the reasoning behind it.
Vikram Saxena:Plus, when we started to build it, what we also found was
Vikram Saxena:that, people had to go through.
Vikram Saxena:So for example, if you are building an eCommerce business,
Vikram Saxena:you would probably need something to manage your product data.
Vikram Saxena:That's where your PIM comes into play.
Vikram Saxena:And then you need something from an order management perspective.
Vikram Saxena:And then there are these OMS providers and then you have WMS
Vikram Saxena:providers and then you have analytics.
Vikram Saxena:And before you realize, you probably, from a primary stack perspective, you
Vikram Saxena:need 10 different softwares to build them together, to build an end to end stack.
Matt Edmundson:Yeah.
Vikram Saxena:Forget about 50 or 70 plugins that you drop on your Shopify
Vikram Saxena:website for just getting the basic run.
Vikram Saxena:Forget about those.
Vikram Saxena:And what is the trade off behind that?
Vikram Saxena:I don't even want to go there because it just slows down your website, in a
Vikram Saxena:difficult ways that you can resolve.
Vikram Saxena:So we said, we started building with PIM then gradually built an OMS for the
Vikram Saxena:businesses who did not want to, go for a full large scale, which didn't have a very
Vikram Saxena:large scale ERP budgets and all of that.
Vikram Saxena:So we said, we'll build a smaller OMS, a smaller WMS with
Vikram Saxena:some WMS capabilities as well.
Vikram Saxena:And we will offer them the analytics.
Vikram Saxena:So the idea was that we will build these as Lego blocks.
Vikram Saxena:And that's where this comes from, that when we offer a solution, we
Vikram Saxena:don't just say, you take the whole thing or just, do something else.
Vikram Saxena:We say, start your own journey.
Vikram Saxena:And if your problem is product data management, I'm Try to use
Vikram Saxena:our PIM and then see how it goes.
Vikram Saxena:And our PIM will potentially work with whatever platform that you today are on.
Vikram Saxena:So that's how we started off.
Vikram Saxena:And that was the thesis and philosophy behind building this platform
Vikram Saxena:and being hands on and being very business savvy as well from the
Vikram Saxena:perspective of business processes.
Vikram Saxena:I knew where can we cut down a lot of flab, where can we make this simple.
Vikram Saxena:And I've always believed, complexity is very easy to do.
Vikram Saxena:the simplicity.
Matt Edmundson:true yeah.
Vikram Saxena:It's the simplicity which takes a lot of time to
Vikram Saxena:build and create something.
Matt Edmundson:No, I totally agree.
Matt Edmundson:The, you totally was it, Steve Jobs said something about that, didn't he?
Matt Edmundson:About simplicity being the hardest thing in the world to do or something like that.
Matt Edmundson:But it's I totally agree with you.
Matt Edmundson:Complexity is so easy to do.
Matt Edmundson:So you've got this platform, then you've got BetterCommerce which is
Matt Edmundson:if you've never come across it it's like you say, it's a sort of a.
Matt Edmundson:A step up in a lot of ways from Shopify as a platform.
Matt Edmundson:You've got some big name clients, we were talking about this
Matt Edmundson:before we hit the record button.
Matt Edmundson:You've got Fragrance Shop, which is a large retail chain of
Matt Edmundson:fragrance stores here in the UK.
Matt Edmundson:So the client that I immediately recognized when I was looking at your
Matt Edmundson:website So you're obviously, Fragrance Shop own bricks and mortar stores.
Matt Edmundson:They've got their online stuff.
Matt Edmundson:So you've obviously got a great deal of experience then trying to get the
Matt Edmundson:omni channel thing to work, which is, what we're talking about here.
Matt Edmundson:So.
Matt Edmundson:How do, with what you know about Omnichannel and where it's come from
Matt Edmundson:the last, five years or so, and probably accelerated slightly with COVID,
Matt Edmundson:but what's the state of Omnichannel as things currently lie in 2024?
Vikram Saxena:I think to be honest, a lot of businesses are
Vikram Saxena:still struggling with the basics.
Vikram Saxena:Today there's so much of hype and buzz around the AI, but I think
Vikram Saxena:people have forgotten that a lot of basics are still missing.
Vikram Saxena:A lot of businesses still struggle to get their basics in terms of, they
Vikram Saxena:have different systems which have the store related customer data and
Vikram Saxena:they have different systems where their online customers are sitting.
Vikram Saxena:Getting them together, they have a pipeline which runs probably once
Vikram Saxena:a day or once a week or different frequency and that also breaks often,
Matt Edmundson:Yeah.
Vikram Saxena:which I think Is a much bigger problem
Vikram Saxena:than bringing new buzzwords.
Vikram Saxena:Of course, every CEO and every CTO wants to add those buzzwords to their
Vikram Saxena:profile, to their business, from a market perception perspective, but from
Vikram Saxena:offering value to the customer, a lot of businesses are still struggling with that.
Vikram Saxena:And the primary reason behind that is.
Vikram Saxena:Every technology provider, their solutions sold in that name
Vikram Saxena:without much substance behind it.
Vikram Saxena:And no offense to anybody, but a lot of solutions are driven
Vikram Saxena:value delivered to the business.
Matt Edmundson:Sorry, Vikram, you just broke up slightly
Matt Edmundson:and your camera's frozen.
Matt Edmundson:Just repeat that last part again.
Vikram Saxena:Yeah.
Vikram Saxena:So what I meant was, a lot of solutions are driven more by the sales
Vikram Saxena:oriented numbers and presentations.
Vikram Saxena:I think the actual business value delivered by them in the proof.
Matt Edmundson:Yeah.
Vikram Saxena:And I think there is still a lot of work to be done by a lot of
Vikram Saxena:businesses in the area of omnichannel, to actually become properly omnichannel.
Matt Edmundson:what do you mean what kind of work needs to be done, do you think?
Vikram Saxena:I think bringing it all together is still a bit of a challenge
Vikram Saxena:for a lot of businesses because they tend to have a lot of departments
Vikram Saxena:and then I'll give you a small you know a narrative we are only so as
Vikram Saxena:a consumer when you are shopping you know when you are in the tube or when
Vikram Saxena:you're walking, you're probably looking at a website on your mobile, right?
Vikram Saxena:Then you happen to get to your office, you will probably open
Vikram Saxena:up your laptop and probably open up the website there as well.
Vikram Saxena:Maybe, if you were willing to buy, I still struggle to put
Vikram Saxena:in my card details in my phone.
Vikram Saxena:Of course, today's generation is different, but sometimes I'm still
Vikram Saxena:more comfortable of entering my card details into the laptop rather than
Vikram Saxena:on my mobile phone a lot of times, especially when I'm moving or I'm
Vikram Saxena:on mobile or somewhere outside.
Vikram Saxena:And then, you will potentially go to the store as well.
Vikram Saxena:And you will know at the end of it, you're probably going through all these three
Vikram Saxena:different channels of the same brand.
Vikram Saxena:But you may be just buying it from the store.
Vikram Saxena:Now a lot of businesses, what they do is they treat each of these as
Vikram Saxena:a separate channel and there are different people responsible for each
Vikram Saxena:channel and a lot of times there's a competition set between these channels.
Vikram Saxena:Okay, my store revenue is this much, 10 percent more or my
Vikram Saxena:online revenue is this much or my mobile app revenue is this much.
Vikram Saxena:Instead of competing with each other, they need to start feeding and nurturing
Vikram Saxena:the customer journey across the board.
Vikram Saxena:So there's a bit of a paradigm shift more than technology solutions are
Vikram Saxena:of course one part of it, but I think there's a significant element of
Vikram Saxena:mindset and a paradigm that has to be brought in that consumer does not
Vikram Saxena:differentiate between channels when they are interacting with your brand.
Vikram Saxena:Why should you?
Matt Edmundson:right, it's a very good question, isn't it?
Matt Edmundson:So why do why do companies still do that?
Matt Edmundson:Why do we differentiate across channels like that?
Vikram Saxena:I think a lot of times we're looking for people.
Vikram Saxena:So we make people accountable to drive business for one channel.
Vikram Saxena:And of course.
Vikram Saxena:And there's a lot of pressure that comes from the top, but they don't realize that
Vikram Saxena:there's always going to be an overlap.
Vikram Saxena:The journey may have, and this again goes back to the same problem
Vikram Saxena:that has been there for ages.
Vikram Saxena:Where do you give the attribution for the sale?
Vikram Saxena:Did that attribution.
Vikram Saxena:Now this is where, you potentially, your omni channel, if you do
Vikram Saxena:the omni channel right, you can get a little bit of sense of it.
Vikram Saxena:Now it is still quite vast, but you can still make a little bit of sense of it.
Vikram Saxena:Now, how would you make sense of it is, for example, if you implement
Vikram Saxena:the right level of CDP, which is basically your customer data platform,
Vikram Saxena:capturing their event history from.
Vikram Saxena:Web, mobile app.
Vikram Saxena:And then if they make the eventual purchase from the store, and if you're
Vikram Saxena:capturing their mobile number, you can basically merge it all together
Vikram Saxena:into one single customer and single order, bring it all together.
Vikram Saxena:And that data at an aggregate level gives you a much better picture of how many
Vikram Saxena:people are interacting with your brand in which channels and which channels are.
Vikram Saxena:generating more sales and how are they actually driving to that?
Vikram Saxena:Now, they may have looked at a different product on the web, but
Vikram Saxena:they may have bought something else when they went to the store,
Matt Edmundson:It's an
Vikram Saxena:idea is
Matt Edmundson:Yeah, sorry, you just froze there for a little second, but it's
Matt Edmundson:interesting, isn't it, that consumers, and this was something actually, we
Matt Edmundson:talked about this with Neil Hoynes, the chief data strategist from Google.
Matt Edmundson:He was on the show recently talking about a similar thing, Vikram, is in the
Matt Edmundson:sense that people are not linear, right?
Matt Edmundson:Your customer's not linear.
Matt Edmundson:They don't go from A to B, from B to C, from C to D.
Matt Edmundson:As much as we'd like to think that's the customer journey and we can.
Matt Edmundson:We can draw that out on a whiteboard, it's not actually the case, right?
Matt Edmundson:It's like a jumbled ball of wire where everything's all a mash of things, right?
Matt Edmundson:Is that what you're finding?
Vikram Saxena:yes, absolutely.
Vikram Saxena:Absolutely.
Vikram Saxena:Absolutely.
Vikram Saxena:Now, I think the secret lies somewhere in trying to get a
Vikram Saxena:little bit of patterns out of it.
Vikram Saxena:The amount of interactions that they have had with your brand,
Vikram Saxena:irrespective of the touch point.
Vikram Saxena:And if you start bringing that together and tying them into the sales, that
Vikram Saxena:helps you build that connection with them better and add a little
Vikram Saxena:bit of stickiness to your business.
Vikram Saxena:For example, what we've done with Fragrance Shop and I'm, I'm, they're
Vikram Saxena:absolutely a phenomenal brand.
Vikram Saxena:Now, if you imagine they have about 250 stores across the country and
Vikram Saxena:despite all the COVID and everything, their year on year was just Minus
Vikram Saxena:1% through the whole period.
Vikram Saxena:And how did that happen?
Vikram Saxena:What we did was we built a solution for them that would enable their
Vikram Saxena:stores to become mini fulfillment centers during the COVID period.
Vikram Saxena:And that solution was developed and delivered to
Vikram Saxena:them within two to three weeks
Matt Edmundson:yeah,
Vikram Saxena:So that unlocked a huge amount of inventory for them.
Vikram Saxena:Because eventually, the online sales are all driven by inventory.
Vikram Saxena:If you are king, if you have the inventory, now typically your
Vikram Saxena:online businesses would only reflect the inventory that is
Vikram Saxena:sitting in your big warehouses.
Vikram Saxena:Whereas you have those mini stores and a lot of times you would
Vikram Saxena:say click and collect is fine.
Vikram Saxena:But what about using them as your fulfillment centers?
Vikram Saxena:And they thought about it right and well done, good time.
Vikram Saxena:We built a solution, really a quick one.
Vikram Saxena:And the beauty of this is where the beauty of headless comes into play
Vikram Saxena:when your solution is all API driven.
Vikram Saxena:You can just build anything as a front end on top of it
Matt Edmundson:Yeah,
Vikram Saxena:without trying to reinvent any logic or anything around that.
Vikram Saxena:We just built that.
Vikram Saxena:And they unlocked a huge amount of inventory.
Vikram Saxena:They increased their sales volumes and they came out of COVID
Vikram Saxena:pretty much almost unaffected.
Vikram Saxena:And if you look at the results that they've declared last year,
Vikram Saxena:their sales have grown 28%.
Matt Edmundson:yeah,
Vikram Saxena:It's all in public domain.
Matt Edmundson:Yeah,
Vikram Saxena:People say high street is dying and fragrance shop
Vikram Saxena:is constantly thriving, which I mean, makes me immensely proud.
Vikram Saxena:And the guy who drives it, I know him personally as well.
Vikram Saxena:It's he's absolutely a dynamo from that perspective.
Vikram Saxena:His sense of business is absolutely phenomenal.
Vikram Saxena:And he catches the pulse.
Vikram Saxena:If you look at it, if you wanted to buy a perfume, you would probably
Vikram Saxena:go any website and these are, this is such a commoditized product
Vikram Saxena:You could buy it anywhere.
Vikram Saxena:You will do a price comparison and you can buy it anywhere.
Vikram Saxena:But despite all of that, their sales are constantly growing.
Vikram Saxena:28 percent in this day and age, year on year growth is absolutely phenomenal.
Matt Edmundson:it is when you're already as big as they are, right?
Matt Edmundson:And that's the, that's a phenomenal thing.
Matt Edmundson:I love this idea of the mini, warehouse, like each store becomes
Matt Edmundson:a sort of a mini warehouse.
Matt Edmundson:One of the things that I was that I saw some companies doing well and other
Matt Edmundson:companies not doing so well during COVID, like I said to, the corner
Matt Edmundson:shop down the bottom of the road.
Matt Edmundson:He obviously has his, he has his shelves full of goods, not as much as, say,
Matt Edmundson:the big supermarkets like Asda or Tesco here in the UK, but he had some stock
Matt Edmundson:and he had a captive audience, in a lot of ways because people were around, and
Matt Edmundson:it was like, the ones I saw do really well were like, actually what I can do
Matt Edmundson:is I can put all of our stuff that's in the shop online, people can order their
Matt Edmundson:shopping, they can click and collect.
Matt Edmundson:Or, we can do a free delivery if they live within 500 metres of the shop,
Matt Edmundson:and the guy would just literally walk around, with a trolley and the bags,
Matt Edmundson:dropping them off for different customers.
Matt Edmundson:And it's very different for him now in a lot of ways, but having
Matt Edmundson:that small warehouse mindset, and actually we are a store.
Matt Edmundson:We can do click and collect and we can do local delivery.
Matt Edmundson:I saw that unlock a lot of things for people over COVID.
Matt Edmundson:It was one of the things that sort of came out of it, which no one was, I didn't,
Matt Edmundson:I, it's not something that we were all expecting or thinking about, in eCommerce.
Matt Edmundson:And actually when you looked at it, you're like, restaurants who did the
Matt Edmundson:same thing, here's our menu, come click and collect, or doing local delivery.
Matt Edmundson:It, just merging their business with the online world in a way that, and
Matt Edmundson:I think here's the success thing for me is when it comes to Omnichannel,
Matt Edmundson:you've got to do it in a way that makes sense for the customer, right?
Vikram Saxena:Absolutely.
Matt Edmundson:and if you can do that, which is what the fragrance store has
Matt Edmundson:done, I think you can win every time.
Matt Edmundson:What are some of the other things that you've seen work well with Omnichannel?
Matt Edmundson:I'm really curious because obviously you've been dealing with this a lot.
Vikram Saxena:Yeah.
Vikram Saxena:So I think one more thing that has worked really wonders for the
Vikram Saxena:business, especially in last few years.
Vikram Saxena:So we had built a capability called membership.
Vikram Saxena:Everybody knows Prime membership, Amazon Prime is the biggest example
Vikram Saxena:of a membership model, where you basically pay for that membership.
Vikram Saxena:And you get, free shipping next day or things, so many elements.
Vikram Saxena:And there's of course the video content is another.
Vikram Saxena:Side benefit of it.
Vikram Saxena:But their primary goal is not the video content, its primary goal is
Vikram Saxena:to get you to the store and shop
Matt Edmundson:Yep.
Vikram Saxena:and more.
Vikram Saxena:And I think fragrance shop, again, innovated in that area.
Vikram Saxena:So we built a membership model capability in the platform,
Vikram Saxena:which they used to the hilt.
Vikram Saxena:And they offer three levels of membership and they sell these
Vikram Saxena:memberships, not just online.
Vikram Saxena:They sell these memberships when people walk into the stores
Matt Edmundson:Okay.
Vikram Saxena:and all of this is done through our platform.
Vikram Saxena:And the beauty of this is now they have a store infrastructure, which
Vikram Saxena:is probably quite, nobody would want to change the store infrastructure,
Vikram Saxena:which is across 250 stores.
Vikram Saxena:That's a huge project in itself.
Vikram Saxena:You don't know just the hardware itself.
Vikram Saxena:So we didn't want to touch any of those elements.
Vikram Saxena:And now this is where, again, the beauty of the headless or the API
Vikram Saxena:first approach comes into play.
Vikram Saxena:Because we built it in a way that their store, so what they did was they, their
Vikram Saxena:store software then it essentially uses our membership module and starts
Vikram Saxena:to sell those membership capability to the customers who are walking in.
Vikram Saxena:And the beauty is the moment you buy that membership, you
Vikram Saxena:instantly get 20 percent discount.
Vikram Saxena:So you are buying a fragrance, let's say Chanel for 70 quid.
Vikram Saxena:And now you, somebody tells you, if you pay just another 10 quid, 20 quid
Vikram Saxena:are automatically going to come off.
Matt Edmundson:Yep.
Vikram Saxena:20 percent is automatically going to go off.
Vikram Saxena:Plus you will get additional 20 percent vouchers for your next two sales.
Vikram Saxena:for your next two purchases.
Vikram Saxena:Yeah, absolutely.
Vikram Saxena:Good.
Vikram Saxena:So customer buys it and that then brings in a huge amount of
Vikram Saxena:cascading effect, a domino's effect.
Vikram Saxena:So you have unlocked a revenue stream, a recurring revenue
Vikram Saxena:stream, which never existed, right?
Vikram Saxena:It's a brand new revenue stream in a business model, which you, not a lot
Vikram Saxena:of people would have thought about.
Vikram Saxena:Secondly, you built the customer loyalty.
Vikram Saxena:Customer's not going anywhere now.
Matt Edmundson:Yep.
Vikram Saxena:And this model,
Matt Edmundson:yeah, sorry.
Matt Edmundson:Go ahead.
Vikram Saxena:and this model, I think has shown phenomenal
Vikram Saxena:success in just last two years.
Vikram Saxena:The volume of paid members, and these are all paid members, so
Vikram Saxena:people buy these memberships.
Matt Edmundson:Yeah.
Vikram Saxena:And they sell it, I think it's on their website.
Vikram Saxena:They sell it for 15 quid, 25 quid and 35 quid or 45 quid.
Vikram Saxena:So there are three tiers of it.
Vikram Saxena:And what we've also seen is a lot of times people buy the first time 15 quid.
Vikram Saxena:And then they eventually upgrade to 45 quid and it's an annual thing.
Matt Edmundson:it's powerful, isn't it?
Matt Edmundson:We've had Chris George on the show and a few others talking about
Matt Edmundson:subscriptions, talking about memberships.
Matt Edmundson:There's a big show in Dallas in June called SubSummit, a big show
Matt Edmundson:all to do with subscriptions and memberships, which actually I'm yeah,
Matt Edmundson:to small plug, I'm going to be there.
Matt Edmundson:We're going to be doing a live eCommerce podcast stuff there on
Matt Edmundson:parts and panels and stuff over there.
Matt Edmundson:And I really like Subsummit and I'm really curious by what they're now
Matt Edmundson:calling subscription commerce and how that has morphed into now membership
Matt Edmundson:commerce and how memberships.
Matt Edmundson:like levels.
Matt Edmundson:So I've just done a workshop for eCommerce Cohort a sort of mastermind group.
Matt Edmundson:And we talked about the three levels of retention, the sort of the basic level,
Matt Edmundson:which most people do level one, which is a sort of a more advanced level, I supposed.
Matt Edmundson:Is when you move, you transition your business from a straightforward
Matt Edmundson:eCommerce business into a subscription based eCommerce business.
Matt Edmundson:And then there's another level of, again, another, another place to go deeper,
Matt Edmundson:which is membership commerce, which is really exciting, I think at the moment.
Matt Edmundson:And there aren't that many companies who are doing the membership eCommerce model.
Matt Edmundson:I think it's still less than like a few percent, less than
Matt Edmundson:5%, I think last time I heard.
Matt Edmundson:And there's some insane opportunities here because like you say, you look at Amazon
Matt Edmundson:Prime and you, the, one of the key reasons Amazon has been so successful is because
Matt Edmundson:we all buy Amazon Prime membership.
Matt Edmundson:Incredible business model that works off something called the sunk cost
Matt Edmundson:fallacy, which is something you should actually get your head around.
Matt Edmundson:If you don't know about that, go and research sunk cost fallacy because
Matt Edmundson:it's how members, why memberships work.
Matt Edmundson:And in terms of, bringing around that loyalty, I think it's really clever.
Matt Edmundson:So the fact that the fragrance shop are doing this now I think is really
Matt Edmundson:fascinating and making that work in an omnichannel approach is blindingly clever.
Matt Edmundson:I think, and it's, I can see why they're now getting that growth because their
Matt Edmundson:membership structure, I imagine, is going to catapult them further and further.
Matt Edmundson:I'd love to talk to the guys that decided to do this.
Matt Edmundson:I wonder whether they listening to you talk about it, whether they've
Matt Edmundson:actually priced it slightly too cheaply.
Matt Edmundson:I wonder if they wanted to maybe be a bit braver at the start.
Matt Edmundson:I don't know.
Matt Edmundson:I'd be really curious,
Vikram Saxena:yeah.
Vikram Saxena:And of course, and I was on the board of Fragrance Shop as well at
Vikram Saxena:some point, when we started off.
Vikram Saxena:So at the time in the discussions as well.
Vikram Saxena:That we were talking about where should we price it and the idea was to, because
Vikram Saxena:this was a completely unheard concept at the time when we started off and
Vikram Saxena:especially in such a commoditized space, if there's nothing unique, they're
Vikram Saxena:a multi brand retailer, they're not even producing that product, right?
Vikram Saxena:So they're just trading into that product.
Vikram Saxena:So the idea was how do we differentiate and why do we charge?
Vikram Saxena:What is the value proposition?
Vikram Saxena:How should we start?
Vikram Saxena:So there were different surveys that were done around that as
Vikram Saxena:well to get to this pricing.
Vikram Saxena:And of course, I can.
Vikram Saxena:Pass on your message and see if they are interested and they
Vikram Saxena:can, of course, come back to you.
Vikram Saxena:on that front.
Vikram Saxena:But yeah, it's been fascinating.
Vikram Saxena:Yeah.
Matt Edmundson:to know.
Matt Edmundson:The thing that I've, the thing that I've learned about all of this, Vikram,
Matt Edmundson:with the membership commerce, because we're about to launch a new eCommerce
Matt Edmundson:site, a new brand of beauty product, which is going to be a membership.
Matt Edmundson:Driven sites.
Matt Edmundson:I don't know.
Matt Edmundson:We're not the first beauty brands to do this.
Matt Edmundson:We're going to, the main sale in effect is the membership.
Matt Edmundson:And we've priced it quite high, so it's gonna be like a hundred bucks
Matt Edmundson:a year to be a member of the site.
Matt Edmundson:And what I've learned is and time will tell.
Matt Edmundson:When we launch it, I'll let you know.
Matt Edmundson:I'll keep everyone updated.
Matt Edmundson:But the thing that I've learned in all of this is.
Matt Edmundson:You've got to offer at least three times the value of the membership, and if
Matt Edmundson:you do that, it becomes a no brainer.
Matt Edmundson:I can charge 100 membership if I offer 300 worth of value for signing up.
Matt Edmundson:And as long as you do that I think you'll do quite well.
Matt Edmundson:Because like you say, once you, once somebody is a member You then lose all
Matt Edmundson:the competition, don't you, because they're paying their membership.
Matt Edmundson:They're gonna keep coming back to you.
Vikram Saxena:It has a very huge domino effect, if you may call it
Vikram Saxena:because they're just going to come and a repeat value that it brings to your
Vikram Saxena:business is just absolutely phenomenal.
Matt Edmundson:Yeah.
Vikram Saxena:And if you can start, capitalizing on that data, it just
Vikram Saxena:becomes even much more richer.
Vikram Saxena:Then you can see how many people are upgrading their membership at
Vikram Saxena:what juncture are they upgrading it.
Vikram Saxena:And one huge, another element that you would have seen, if you
Vikram Saxena:I'm sure Black Friday is huge.
Vikram Saxena:Now, if you remember Black Friday used to be pretty much
Vikram Saxena:one day Black Friday, right?
Vikram Saxena:And then the boxing day.
Vikram Saxena:So ever since this membership has come into play, Black Friday has almost
Vikram Saxena:become like a two month season for them.
Vikram Saxena:It's not just one day anymore because they don't do flash sales anymore.
Vikram Saxena:Those flash sales are now restricted to members.
Matt Edmundson:Yeah.
Vikram Saxena:So that's another way.
Vikram Saxena:And if you look at it, it's a very interesting way you get
Vikram Saxena:discounts when you become a member.
Vikram Saxena:To become a member, you spend money.
Vikram Saxena:So it's a very interesting.
Vikram Saxena:Circle that goes in and you just get hooked onto it.
Matt Edmundson:Yeah, you do.
Matt Edmundson:Yeah.
Vikram Saxena:And you somehow manage to break free from that discount oriented
Vikram Saxena:business because discount oriented business is good to get your customers
Vikram Saxena:on board, but sustainability becomes a bit of a challenge in the long run.
Matt Edmundson:Yeah.
Matt Edmundson:Yeah, it does.
Matt Edmundson:Yeah, you're totally right.
Matt Edmundson:Totally it's a, it is brilliant and I Vikram, I've really
Matt Edmundson:enjoyed talking about this.
Matt Edmundson:So you omnichannel, right?
Matt Edmundson:If I'm just starting out in e-commerce, I get how, if I am the fragrance shop and
Matt Edmundson:I've got 250 stores around the UK I need to be thinking about omnichannel, right?
Matt Edmundson:And I get that.
Matt Edmundson:If I'm just starting out but I have a brick and mortar store, and I'm
Matt Edmundson:not just being online only, but I've got a brick and mortar store
Matt Edmundson:how does it make sense for me to start thinking about this, if that makes sense,
Matt Edmundson:what about the, can I call them the little guy in a non disparaging way, but do you
Matt Edmundson:know what I mean the person where it's
Vikram Saxena:I understand.
Vikram Saxena:Yeah, it's been, it's just one or two stores, potentially.
Vikram Saxena:And we come across quite a few of them as well, who have got just one or two
Vikram Saxena:stores, but they are still decent size.
Vikram Saxena:They're not, you know very small, but now they're competing with
Vikram Saxena:the likes of the online world.
Vikram Saxena:So they struggle from that perspective.
Vikram Saxena:And I can really get that.
Vikram Saxena:So for them also, I think, you can say whether it makes sense for me
Vikram Saxena:or not is not the right question.
Vikram Saxena:The right question is when should I really go for it?
Vikram Saxena:Because it makes sense for everybody.
Matt Edmundson:Okay.
Matt Edmundson:So when should I go for it?
Matt Edmundson:I love that
Vikram Saxena:The moment, you want to start building customer loyalty
Vikram Saxena:and add that, personalization element to it as well without getting creepy.
Vikram Saxena:Now, for example, you know what we've done now, personalization, this is a very
Vikram Saxena:important clause that I always add, please ensure that you're not getting to the
Matt Edmundson:Yeah.
Vikram Saxena:Because that puts people off,
Matt Edmundson:yep,
Vikram Saxena:a lot of times when you're talking about something and you
Vikram Saxena:see an ad, something similar to that on Facebook, it's just unbelievably creepy
Vikram Saxena:and you just hate it at that moment.
Matt Edmundson:Yeah, you do.
Vikram Saxena:So coming back to the topic, basically what we did with
Vikram Saxena:Fragrance Shop right at the beginning when we started off their omni
Vikram Saxena:channel solution, so we were capturing significant amount of data from what,
Vikram Saxena:just like Google Analytics, we had built a event hub system, which basically
Vikram Saxena:captures the complete event stream of what customer does on your website.
Matt Edmundson:Yep.
Vikram Saxena:Now, that event stream, when we start putting together in
Vikram Saxena:conjunction with, now whenever the customer comes and buys from them,
Vikram Saxena:they capture their phone number.
Vikram Saxena:Now when you do e receipts, typically customer will give
Vikram Saxena:you their email or phone number.
Vikram Saxena:So we tie up that information from a customer identity perspective.
Vikram Saxena:And whether it's mobile, web, or store.
Vikram Saxena:Now we've got the customer identity sorted out more or less.
Matt Edmundson:Yep.
Vikram Saxena:And we can also do it from a retrospective perspective.
Vikram Saxena:Let's say, somebody came onto the website seven times before
Vikram Saxena:they actually made a purchase.
Vikram Saxena:So we could actually tie it back to the first time that they came in because
Vikram Saxena:we log everything on that perspective.
Vikram Saxena:And all of that goes against the customer history.
Vikram Saxena:Now customer may have created a ticket in let's say Zendesk or whatever
Vikram Saxena:ticketing system that you may be using.
Vikram Saxena:All of that also comes in there.
Vikram Saxena:They may have posted a review for you on Trustpilot or FIFO.
Vikram Saxena:That also we pull and bring it all together in that one
Vikram Saxena:single customer profile.
Vikram Saxena:Now the moment, now if you look at it, the amount of data that is sitting
Vikram Saxena:across the globe and across the internet of your brand, it's just phenomenal.
Vikram Saxena:The moment you bring it all together, it starts to make sense and it gives
Vikram Saxena:you a little bit of sense of customers.
Vikram Saxena:Now the way Fragrance Shop utilizes, and I think every store should
Vikram Saxena:potentially do that, is Basically, what they did the moment customer gave
Vikram Saxena:their phone numbers, I can see that you've been buying from us quite a lot.
Vikram Saxena:We are happy to offer you a 5 percent discount.
Vikram Saxena:So they started schemes initially when the membership wasn't there, or,
Vikram Saxena:there's this new launch of product Chanel that you bought last time.
Vikram Saxena:We've now got a new version of that.
Vikram Saxena:So these things, and when you get accessibility of that data right in
Vikram Saxena:there, at, in the hands of the people.
Vikram Saxena:Who are interacting with the customer face to face that just makes a huge difference.
Matt Edmundson:Yeah.
Vikram Saxena:course that requires a little bit of training as to, what
Vikram Saxena:level of conversation you should be having in terms of what level of
Vikram Saxena:information you should be sharing with the customer that you know about them.
Matt Edmundson:Yeah.
Matt Edmundson:But yeah.
Matt Edmundson:Yeah.
Matt Edmundson:, that's a whole other episode right there.
Matt Edmundson:Vikram.
Matt Edmundson:I'm not gonna lie.
Vikram Saxena:Yes.
Vikram Saxena:Yeah.
Matt Edmundson:A whole other episode.
Matt Edmundson:When should I go for it?
Matt Edmundson:It's a great question and I love how this applies to folks who are just starting out
Matt Edmundson:I love how this applies to the fragrance shop and I love how this applies to
Matt Edmundson:everybody in between Vikram, listen, I've loved talking to you, man, and people
Matt Edmundson:watching the video, I'm sorry, your video froze for quite a lot of it, but we could
Matt Edmundson:hear you just fine, which has been great.
Matt Edmundson:If people want to reach out, if they want to find out more about BetterCommerce,
Matt Edmundson:about some of the stuff that you do, what's a good way to do that?
Vikram Saxena:So they can reach out to us on Twitter.
Vikram Saxena:That's BetterCommerce_ they can reach out to me on LinkedIn.
Vikram Saxena:I'm searchable very easily on LinkedIn by vikramsaxena.
Vikram Saxena:They can also reach out on my email.
Vikram Saxena:That's vikram@bettercommerce.io
Matt Edmundson:very good.
Matt Edmundson:Very good.
Matt Edmundson:We will, of course, put all of those links in the show notes.
Matt Edmundson:Now, Vikram, I have two more questions before we wrap this up.
Matt Edmundson:Question number one, you've used this, you've used the
Matt Edmundson:phrase a lot, and I'm curious.
Matt Edmundson:I wonder if you could just explain it a little bit, what you mean,
Matt Edmundson:just for those that might not know.
Matt Edmundson:And that's the phrase Headless Commerce or Headless eCommerce.
Matt Edmundson:What do you mean by that phrase?
Vikram Saxena:So headless commerce, what it means in a very layman term.
Vikram Saxena:So today, a few years ago, if you ask me In simpler terms, from a
Vikram Saxena:technology perspective itself, let's say earlier, the way we were building
Vikram Saxena:our solutions, they were more like there's a server and there's a client.
Vikram Saxena:Now client is typically, and then there is a browser, which is basically
Vikram Saxena:accessing that client as well.
Vikram Saxena:Now, sorry, client is your browser.
Vikram Saxena:Now, if you look at it, how the devices and the form factors have
Vikram Saxena:evolved over a period of time, right?
Vikram Saxena:Earlier, the only channel was website.
Vikram Saxena:So people just build solutions, which were sitting on a server, and they
Vikram Saxena:would be rendered on the browser itself.
Vikram Saxena:Now, over a period of time, what has happened is you've got mobile
Vikram Saxena:devices, you've got Apple TVs and fire stakes and all of that.
Vikram Saxena:So your form factors have just multiplied in the forms and shapes that
Vikram Saxena:we had, none of us had ever imagined.
Vikram Saxena:And it's almost like living through a sci fi film like we used to see
Vikram Saxena:in the likes of Minority Report.
Matt Edmundson:True.
Matt Edmundson:So true.
Matt Edmundson:Yeah.
Vikram Saxena:Yeah.
Vikram Saxena:So now what has happened is now if I wanted to incorporate the similar
Vikram Saxena:elements, now I was offering I had a promotion in them, hypothetically.
Vikram Saxena:And I was offering 10 percent and all the logic for promotion
Vikram Saxena:engine was built into my website.
Vikram Saxena:Now if I wanted to do the same thing on my mobile app, I would have to
Vikram Saxena:incorporate almost similar stuff into my mobile app technology as
Vikram Saxena:Now if I was building an app for my Apple TV or Fire Stick,
Vikram Saxena:I would have to build it again.
Vikram Saxena:Now instead of doing all of that, what Headless did was took all the
Vikram Saxena:complication and all the logic.
Vikram Saxena:On the server side and created another lightweight layer, which
Vikram Saxena:became your presentation layer and presentation layer pretty much is
Vikram Saxena:dependent upon the form factor.
Vikram Saxena:So then you build something specific to that form factor without hard coding
Vikram Saxena:or without putting any logic in there.
Vikram Saxena:Yeah.
Vikram Saxena:Now this form of technology or this approach has always existed.
Vikram Saxena:Basically, what you're sitting on the backend is primarily
Vikram Saxena:API, which would just take plain data and return data structures.
Vikram Saxena:This has always been there, I've been writing code with APIs.
Vikram Saxena:We built a system back in 2003 with API first approach, but it
Vikram Saxena:wasn't called headless at the time.
Vikram Saxena:And then gradually, of course, there is a lot of engine that went behind it.
Vikram Saxena:And then gradually this word was coined, I think back in 2013, 2014, when it
Vikram Saxena:became quite a bit of a buzzword.
Vikram Saxena:Driven by marketing, but essentially I think it's primarily
Vikram Saxena:just API driven architectures.
Vikram Saxena:And all the logic and complications sitting in the APIs, then your front end
Vikram Saxena:or your front end of presentation layer is a lightweight presentation designed
Vikram Saxena:for the specific form factor that you're targeting or your consumers are using.
Vikram Saxena:I hope I have not got too technical and it's a simple enough.
Matt Edmundson:No, I get it.
Matt Edmundson:It's, in effect, what you're saying is the server does the work and it will, it's
Matt Edmundson:a lightweight display mechanism, whether you're using a mobile, whether you're
Matt Edmundson:using a laptop, whether you're using Apple TV, it just seamlessly works now.
Matt Edmundson:And it's a, it's much, the other thing about headless commerce is
Matt Edmundson:actually, it's in some respects, it's much faster and lightweight
Matt Edmundson:to, to develop in as well, isn't it?
Matt Edmundson:Which enables you to.
Matt Edmundson:Do things like, in a matter of weeks, create a system whereby
Matt Edmundson:all of your shops become mini warehouses and stuff like that.
Matt Edmundson:There's a lot of advantages to it, right?
Matt Edmundson:A lot of advantages.
Vikram Saxena:Yeah.
Matt Edmundson:No, thank you for that.
Matt Edmundson:My second question, my final question, we are starting this brand new feature.
Matt Edmundson:Okay, so Vikram, you're actually the first person, you're the
Matt Edmundson:guinea pig in this whole thing.
Matt Edmundson:You get to be the first.
Matt Edmundson:I don't know if that's a good thing or whether that's a bad thing, but
Vikram Saxena:I love being a guinea pig.
Vikram Saxena:Yeah.
Matt Edmundson:we are doing this thing where I live stream I'm going
Matt Edmundson:to start live streaming on the eCommerce Podcast Instagram channel.
Matt Edmundson:And one of the things that I will be live streaming is Matt's Q& A.
Matt Edmundson:So I get to answer, so I need from you a question that I can
Matt Edmundson:answer on that live stream.
Matt Edmundson:And I'm going to record you, I'll play the recording of you asking the
Matt Edmundson:question and then I'm going to answer it.
Matt Edmundson:So I need it, what's one question from you for me that I can answer on that, does
Matt Edmundson:that make sense if I worded that well?
Matt Edmundson:I hope I have.
Matt Edmundson:Okay, good.
Vikram Saxena:I need to ask you a question that you want to answer on.
Vikram Saxena:Exactly.
Matt Edmundson:And don't, be kind.
Vikram Saxena:did you mean don't be kind or
Matt Edmundson:No be kind.
Matt Edmundson:Yeah.
Matt Edmundson:Don't ask me, don't ask me like how do you, I don't know.
Matt Edmundson:I've got to answer it in 60 seconds in a lot of ways, but yeah, be kind.
Vikram Saxena:No worries.
Vikram Saxena:I'm gonna ask you the most talked about subject that is today.
Vikram Saxena:What do you think is gonna happen to the AI and how do you think
Vikram Saxena:that is gonna shape the world of e-commerce in the coming years?
Matt Edmundson:Very good.
Matt Edmundson:Okay, so if you want to listen to me rabbit on about AI and eCommerce, make
Matt Edmundson:sure you follow us on our Instagram channel, our brand new, we're slow to
Matt Edmundson:put the party here, we've been doing the eCommerce Podcast five years, we
Matt Edmundson:have literally just launched or started to launch our Instagram channel, a
Matt Edmundson:little bit behind, but do follow us on Instagram at eCommerce Podcast and yeah,
Matt Edmundson:I'll be answering the question on there.
Matt Edmundson:Vikram, listen.
Matt Edmundson:Absolute legend man, really appreciate you coming on to the show and and talking
Matt Edmundson:about what you guys are doing, talking about Headless Commerce and and just
Matt Edmundson:some of the ideas that you guys have been playing with the with the fragrance shop
Matt Edmundson:has just been absolutely brilliant and yeah, I've got pages of notes which is
Matt Edmundson:always a good sign, so super huge thanks my friend, it's been an absolute blessed.
Vikram Saxena:Thank you so much, Matt.
Vikram Saxena:It's been absolute pleasure and delight to talk to you.
Matt Edmundson:Fantastic.
Matt Edmundson:Just a reminder again we will of course link to Vikram's info in
Matt Edmundson:the show notes, which you can get for free along with the transcript
Matt Edmundson:on our website ecommercepodcast.
Matt Edmundson:net and of course if you sign up to the newsletter which I talked
Matt Edmundson:about at the start, you will have that coming straight to your inbox.
Matt Edmundson:Totally free, totally no dramas whatsoever.
Matt Edmundson:It's going to be coming straight to you.
Matt Edmundson:So there you go, a huge thanks to Vikram for joining me today.
Matt Edmundson:If you haven't done so already, do check out The eCommerce cohort, the sponsors
Matt Edmundson:of this show because I am sure they would it's, they me we're part of it.
Matt Edmundson:I'm sure they would love to hear from you.
Matt Edmundson:And if you haven't done so already, make sure you follow the eCommerce
Matt Edmundson:podcast wherever you get your podcast from because we've got yet
Matt Edmundson:more great conversations lined up.
Matt Edmundson:And I don't want you to miss.
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 awesome.
Matt Edmundson:It's just a burden you've got to bear.
Matt Edmundson:Vikram has to bear it.
Matt Edmundson:I've got to bear it.
Matt Edmundson:You've got to bear it as well.
Matt Edmundson:It's just the way it is.
Matt Edmundson:Now the eCommerce Podcast is produced by PodJunction, the
Matt Edmundson:new name for Aurion Media.
Matt Edmundson:You can find our entire archive of episodes on your favourite podcast app.
Matt Edmundson:The wonderful team that makes this show possible is the fabulous
Matt Edmundson:Sadaf Beynon and Tanya Hutsuliak.
Matt Edmundson:Our theme music was written by Josh Edmundson, and as I said, you can
Matt Edmundson:find the transcript and show notes on the website at eCommercePodcast.
Matt Edmundson:net.
Matt Edmundson:But that's it from me, that's it from Vikram.
Matt Edmundson:Thank you so much for joining us.
Matt Edmundson:Have a fantastic week wherever you are in the world.
Matt Edmundson:I'll see you next time.
Matt Edmundson:Bye for now.