If they've already said, I want this coffee, you can do an order bump going,
Speaker:Hey, would you like to double your order?
Speaker:Add another one and I'll give you 50% off your second one.
Speaker:Or you could say add two more and buy two, get one free.
Speaker:So you, you, you configure that order bump to where you're getting more
Speaker:money of them buying the same exact thing they're already buying, which
Speaker:is one of my greatest hacks there is.
Speaker:It's like, if you're not offering people more of what they're already ordering,
Speaker:you're, you're leaving money on the table.
Speaker:Welcome to the e-Commerce with me, your host, Matt Edmundson.
Speaker:The E-Commerce podcast is all about helping you deliver e-commerce wow.
Speaker:And to help us do just that, I am chatting with today's very special guest, Mr.
Speaker:Greg Writer from Launch Cart about boosting your e-commerce
Speaker:revenue strategies to increase your average order value.
Speaker:Ah, yes.
Speaker:But before Greg and I dive into our conversation, which I'm very much
Speaker:looking forward to, cuz I like you, want to increase my average order value.
Speaker:Let me share with you my podcast pick.
Speaker:Oh yes.
Speaker:A previous episode or two that I think you are gonna enjoy.
Speaker:Check out the episode I did called How to Take Small Steps to Grow your E-Commerce
Speaker:Profits, uh, with Tony, which was just.
Speaker:Tony's such a legend.
Speaker:You definitely want to check that out and also check out my wonderful
Speaker:conversation, maximizing the lifetime value of a customer with Valentin Radu.
Speaker:You can find both of those, both my podcast picks and our entire archive of
Speaker:podcast episodes for free on our website, which is ecommercepodcast.net plus if
Speaker:you're there, sign up to our newsletter and we'll send out the links to the
Speaker:podcast picks along with the notes uh, from today's show that I'm gonna have
Speaker:this amazing conversation with Greg.
Speaker:All of those notes will get delivered to your inbox, totally free, totally
Speaker:automagically, totally amazing, which I think is pretty amazing.
Speaker:So make sure you sign up.
Speaker:Now.
Speaker:Are you struggling to grow your e-commerce business?
Speaker:Do you feel like you're, you are constantly spinning a million plates
Speaker:trying to figure out what to focus next?
Speaker:Well, let me tell you, I have been there and I know how frustrating it can be,
Speaker:which is why we're excited that the e-commerce cohort sponsors this show.
Speaker:E-commerce cohort helps e-commerce businesses like yours
Speaker:deliver an exceptional customer experience that drives results.
Speaker:And to help you get started, we're excited to announce a brand new free
Speaker:resource for you called E-Commerce Cycles, given it's a mini course which
Speaker:walks you through, uh, proof work for building a successful ecom business.
Speaker:I will show you the specific steps that I take in my own e-commerce companies so you
Speaker:can see exactly how to put these concepts into practice in your own business.
Speaker:And the good news is, of course, , it's completely free.
Speaker:You don't even need an email address, so just head over now to
Speaker:access it at ecommercecycles.com.
Speaker:Just do me a favor, let me know what you think.
Speaker:Uh, that, that's ecommercecycles.com to access training and get started
Speaker:today, it's time to start delivering e-commerce Wow to your customers
Speaker:with the help of e-commerce cohort.
Speaker:Yes, it is, uh, but like I say let me know what you think.
Speaker:Genuinely, uh, really, really curious.
Speaker:Now, Greg Writer is known as the go-to guy for entrepreneurs who need advice.
Speaker:He's been around the block for over 35 years doing everything from corporate
Speaker:to finance to sales and marketing.
Speaker:Greg made big bucks in e-commerce using the same strategies he shares
Speaker:in his seminars and keynotes, which you've probably heard because he told
Speaker:me before we hit the record button.
Speaker:He's been on over 700 stages.
Speaker:Oh yes.
Speaker:Nowadays he is running the show at Launch Cart, a SAS e-commerce
Speaker:platform that he founded himself, uh, which we're gonna get into.
Speaker:Greg, absolutely amazing to have you here, man.
Speaker:Thanks for coming on the show, really appreciate it.
Speaker:Love.
Speaker:How are you doing with my friend?
Speaker:Lovin' life, man.
Speaker:Lovin' life and thanks, thanks for, uh, having me and look forward to sharing
Speaker:whatever wisdom and knowledge and advice I can with any e-commerce guys out there
Speaker:that wanna help avoid some landmines.
Speaker:Cause I, I've stepped on all the landmines, so I wanna help , I wanna
Speaker:help you avoid the ones that I've missed.
Speaker:Yeah.
Speaker:Yeah.
Speaker:Yeah.
Speaker:I think that's, it is really funny, isn't it?
Speaker:I, I often get introduced as the eCommercer that's had
Speaker:more failures than successes.
Speaker:It's just, I often say to people, my, my successes far outweigh my failures.
Speaker:Um, but I think you learn more from the landmines, right?
Speaker:From the failures than, than from anything else.
Speaker:And I think, yeah, that experience in life is something quite wonderful.
Speaker:Let's jump into this, Greg, why do people refer to you as
Speaker:the entrepreneur's best friend?
Speaker:I'm really curious.
Speaker:This is something that Sadaf's put in the notes here, the producer,
Speaker:and I'm, I'm intrigued, my friend.
Speaker:Yeah.
Speaker:So, so you ever read the book, rich Dad, poor Dad?
Speaker:I have Guy Kawasaki, I think was the author.
Speaker:Yeah.
Speaker:Yeah.
Speaker:So, uh, uh, actually that it, it was, uh, , uh, not Guy Kawasaki.
Speaker:That was the garage.com.
Speaker:Rich Dad, poor Dad was by, uh, skips my mind.
Speaker:Yeah.
Speaker:Robert.
Speaker:I know who you mean.
Speaker:I can picture him in my head as well.
Speaker:Yeah, me too.
Speaker:Me too.
Speaker:It'll come to me a second.
Speaker:But anyway, I always tell people that book was written about me.
Speaker:I was born into a really, really wealthy family from Denver, Colorado.
Speaker:And there's like, they built homes and sky rises and restaurants and bars.
Speaker:Oh wow.
Speaker:And like in, in downtown Denver, amongst all the high risers,
Speaker:there's a whole square block named Writer Square after my family.
Speaker:And my parents got divorced when I was two, I went with my mom.
Speaker:My mom got married and divorced.
Speaker:Married and divorced, and married again.
Speaker:So I had three stepdads and my rich dad.
Speaker:Wow.
Speaker:And my rich dad taught me to invest when I was 19 years old.
Speaker:And then I ended up getting my stockbrokers license when I was 20, 21.
Speaker:And then I read Think and Grow Rich, and started getting into Jim Ron
Speaker:and Dennis Waitley and Zig Ziegler and Brian Tracy and Tony Robbins.
Speaker:And I thought to myself, this guy that I'm working for has taken 50% of my paycheck.
Speaker:I'm gonna buy him out.
Speaker:I go to my dad and go, dad, I wanna buy out the guy I work for.
Speaker:He goes, go for it.
Speaker:So that, that, that mindset and that mentality that you
Speaker:can do whatever you can.
Speaker:My dad was very supportive of that.
Speaker:So was my mom.
Speaker:Anyway, I bought the firm I worked for and I was hailed as the youngest
Speaker:owner of an investment bank in the history of the United States of America.
Speaker:And that, that was the first big mistake in my life.
Speaker:What?
Speaker:Owning the bank or being the youngest owner, or maybe both.
Speaker:Yeah.
Speaker:Yeah, both.
Speaker:Yeah, because you know, really Wall Street just ate me for lunch.
Speaker:It's like they'd give me a million and they ate two, and then
Speaker:gimme another 2 million and take three, and it's just like, whoa.
Speaker:This little Ponzi scheme at Wall Street it was killing me.
Speaker:But I will say this, I, it, it, it, I really became an early adopter and
Speaker:I was always financing and raising money for companies and doing IPOs
Speaker:for the early stage companies.
Speaker:So example, home shopping network.
Speaker:I raised them their original seed capital.
Speaker:The guy came in the office going, Hey, we're gonna start our
Speaker:television station, 7 24 365 and sell stuff direct to consumers.
Speaker:And then back in the early eighties, there was only three stations.
Speaker:Cable was just coming out.
Speaker:No one had ever given their credit card over the phone.
Speaker:But yet, you know, I believed in him and we ended up raising some money.
Speaker:And I actually coined, I'm a copycat marketer, but I did, they
Speaker:do a few original things and one of 'em was, I coined this term
Speaker:torrential downpour economics.
Speaker:Okay.
Speaker:And, and that is, that is when an investor believes in an entrepreneur.
Speaker:Right, and that entrepreneur goes on to create something that creates this
Speaker:torrential downpour of economics, not trickle down torrential downpour.
Speaker:So you think about the home shopping network, right?
Speaker:Yeah.
Speaker:Think of the billions and billions and billions of dollars in jobs from
Speaker:all the TV stations, from all the advertising, from all the inventors,
Speaker:from the shipping people, from the manufacturing people, just all of the
Speaker:people that that business touched.
Speaker:Yeah, yeah.
Speaker:Torrential downpour economics.
Speaker:So anyway, that, that was kind of my life.
Speaker:And so my first 18, 20 years of my life, I did that.
Speaker:Then I retired from the, the, the investment banking career and started co.
Speaker:I started Angel Investors Network, which was one of the very first
Speaker:angel groups online, and I started coaching and mentoring.
Speaker:Thousands and thousands of, of, of early stage entrepreneurs and inventors.
Speaker:And I've done that pretty much my whole life.
Speaker:I'm 61 years old and I've been doing this since I was 21 and my
Speaker:little bio needs to get updated cause it's now closer to 40 years.
Speaker:Right.
Speaker:Wow.
Speaker:Um, and that, and, and over that time I've helped everybody from doing,
Speaker:you know, the, the napkin stage.
Speaker:to, you know, getting their business plans and their financial projections
Speaker:and raising the capital investors and strategy to guys that are going from
Speaker:10 million to a hundred million, right?
Speaker:Mm-hmm.
Speaker:. So I really, and that's kind of how I got that the entrepreneur's best friend.
Speaker:And, and like you said, you, you get, you learn so much more from
Speaker:those failures than successes.
Speaker:And again, because of me being a, a financial backer, I have the wisdom
Speaker:and insights of failures of multiple different industries in multiple different
Speaker:sectors and multiple different verticals.
Speaker:So it even gave me a little bit more, You know, insights
Speaker:and now I am an entrepreneur.
Speaker:So that's, that's that story.
Speaker:Whistlestop tour.
Speaker:And I'm, I, I, I, I love your energy.
Speaker:You know, you, you're in your sixties and you're still sounding pretty passionate
Speaker:about the whole thing, which is fantastic.
Speaker:But,
Speaker:uh, I appreciate that.
Speaker:Before we get into, um, a whole bunch of questions, which I have
Speaker:my overarching question, Greg, because I can see you, right.
Speaker:We record this on video, and if you're watching on YouTube, you'll
Speaker:see exactly what I'm seeing.
Speaker:What is that record on the wall behind you?
Speaker:Oh.
Speaker:So, uh, that was a little award that I got for doing a million
Speaker:dollars in one week on ClickFunnels.
Speaker:Wow.
Speaker:Yeah.
Speaker:You know, so they give you these different awards and we did a million
Speaker:dollars in, in, in five days, uh, online.
Speaker:Yeah.
Speaker:I'm, I'm a big e-commerce guy.
Speaker:I actually bought, and when, when I retired from the e-commerce industry
Speaker:or from the investment banking world, and I moved out here to San Diego.
Speaker:In 1997, there was a mall, an internet mall called First Net Mall, 1st Net Mall.
Speaker:And I bought that mall.
Speaker:It was like, what was like one of the very first and most successful
Speaker:e-commerce sites on the internet in 1997.
Speaker:And that was before we even had Google and, and Yahoo.
Speaker:And there was like, there was like these other search engines
Speaker:that indexed alphabetically.
Speaker:So if you typed in shopping mall or shop online, it came up number 1.
Speaker:Um, because it was FirstNet Mall.
Speaker:Yeah, yeah, yeah.
Speaker:No, I, that was, that was another big mistake in life because as soon as,
Speaker:as soon as Google and the, and the, and you know, the related searches
Speaker:came through that, that mall just died, but it was a drop shipping mall.
Speaker:Can you believe that?
Speaker:Drop shipping back in 1997?
Speaker:Wow.
Speaker:It's funny, isn't it?
Speaker:And these things come back around again and you just, you do, I think
Speaker:you see things in cycles, don't you?
Speaker:You do see things come and go and you're just like, oh, that'll
Speaker:be back in six years time.
Speaker:That'll be back.
Speaker:Yeah.
Speaker:So what were you selling?
Speaker:Um, via click phone, if I can ask that created such dynamic sales in five days.
Speaker:Actually, it was the very first re reiteration of our e-commerce platform,
Speaker:it was a WordPress plugin for e-commerce that had funnels and it had, uh, you
Speaker:know, upsells, down sales, cross sales, and all kinds of really cool features
Speaker:and functionality that you didn't get on Shopify and you didn't get on WooCommerce.
Speaker:And then that led me to be, Uh, a WordPress support company,,
Speaker:because it was a WordPress plugin.
Speaker:You know, I, I signed up thousands of people on this platform, and then I'm
Speaker:like, dude, what are we doing all days?
Speaker:WordPress support?
Speaker:Like, okay.
Speaker:And that's one of the reasons why we created Launch Cart, where it's like,
Speaker:okay, we're gonna create our own platform.
Speaker:So, I mean, you know, again, if you're watching on video, one of the things that
Speaker:the, uh, viewer will notice about you, Greg, is you are properly merched up.
Speaker:Right?
Speaker:I feel quite inadequate in terms of I have no merch onto me today whatsoever.
Speaker:Um, but you are very merched up with the hat and the, the, hoodie there.
Speaker:So what is Launch Cart?
Speaker:You know, so, so Launch Cart, you know, entrepreneurs solve problems, right?
Speaker:So whenever somebody starts talking about problems, I say to myself,
Speaker:some entrepreneur's gonna fix that.
Speaker:Like, that's, that's what we do, right?
Speaker:Mm-hmm.
Speaker:And so the, a little background is, I, I ended up starting a company.
Speaker:I, I invested in a company called Star Shop, and it was a celebrity
Speaker:driven shopping app and had all these big celebrities in it.
Speaker:And I went out to New York City to visit my investment, and I met the guy that was
Speaker:bringing in these celebrities, and I had this idea, I said, Hey, I wanna start a
Speaker:company called Celebrity lifestyle brands.
Speaker:Mm-hmm.
Speaker:And I want to basically partner with these, you know, Kylie Jenners of the
Speaker:world and these influencers and help them build a brand, help them monetize through
Speaker:e-commerce, but help them with asset protection and, you know, and building
Speaker:wealth and brand equity and all the things that kind of my background and my
Speaker:experience would kind of help people with.
Speaker:And so not really is that paid for service.
Speaker:And my, and my partner, he said, let's do this together.
Speaker:And I'm like, why?
Speaker:He goes, well, I launched Jennifer Lopez's brand.
Speaker:Nicki Minaj's brand, Adam Levine's brand.
Speaker:He's a whale.
Speaker:So he is like, and I'm wrapping up the stuff I'm doing with Tommy Hilfiger.
Speaker:So anyway, we formed this company called Celebrity Lifestyle Brands.
Speaker:Next thing you know, I'm doing stuff and doing e-commerce for Carlos
Speaker:Santana and Bethenny Frankel and, uh, consulting with Sofia Vergara brand,
Speaker:working with all these big celebrities.
Speaker:And one thing you know with e-commerce is celebrities that little, I
Speaker:call it the pixie dust, right?
Speaker:Your lead cost is cheaper, your AOVs more your, you know, your
Speaker:customer acquisition cost is down.
Speaker:So we started doing millions and millions of dollars on Shopify.
Speaker:And this goes back to 2015, 2016, 2017.
Speaker:Mm-hmm..
Speaker:And, and if you know anything about Shopify, you know that
Speaker:it's an app driven platform.
Speaker:So you have to get an app for this and an app for that.
Speaker:And an app for this.
Speaker:I mean, for God's sake, you have to get an app for customer reviews.
Speaker:How do you have an e-commerce platform in today's age without customer reviews?
Speaker:And so when we were working with these celebrity driven sites, it
Speaker:was like, you know, we have 13, 14, 15 apps and the bill's $1,300
Speaker:a month coming outta the gate.
Speaker:And it's like, this is ridiculous.
Speaker:And I remember, uh, just going to support one day and typing in Shopify support.
Speaker:And, and I saw their stock quote and I didn't even know
Speaker:they were publicly traded.
Speaker:And I went, whoa, you know, and I, I got this investment banking
Speaker:background, so I went down that rabbit hole and I even took a screenshot.
Speaker:It was September, it was like, it was in, it was 2018, and the screenshot showed
Speaker:they had a $10.2 billion market cap.
Speaker:And I thought to myself, what?
Speaker:This company's got a $10 billion marketcap?
Speaker:I'm like, dude, we, we, we've gotta put this business on hold and we gotta go
Speaker:create launch cart and, and get back in this game because we have the crystal
Speaker:ball, we know the pain points, right?
Speaker:Mm-hmm.
Speaker:, like, I wanna have a platform that one has the, the, what I call the must haves
Speaker:features built into it, and then have the should have features built into it.
Speaker:And so launch Cart really is nothing more than a Shopify alternative mm-hmm.
Speaker:that we've been building over the last four years.
Speaker:And I think of it as speed to markets faster.
Speaker:It's easier.
Speaker:And one of the reasons it's easier is it doesn't do
Speaker:everything you can do on Shopify.
Speaker:Right?
Speaker:That scope creep and feature creep gets people going down these rat holes
Speaker:they shouldn't go down as a marketer.
Speaker:Uh, and then we built in the must haves and some of the should
Speaker:haves into the platform natively.
Speaker:Mm-hmm.
Speaker:to kind of get things going.
Speaker:And then I have another story about drop shipping that kind of added onto that,
Speaker:but that's kind of what Launch Cart is.
Speaker:It's just a basic e-commerce platform that we feel is gonna be a better, faster,
Speaker:higher converting e-commerce platform for people that wanna sell online.
Speaker:And you guys, its great.
Speaker:So you guys have been around, what, five or six years now, um, doing that?
Speaker:Well, we, we incor, we, we incorporated in 2019 and we officially
Speaker:launched last in February of 2022.
Speaker:Oh, okay.
Speaker:So quite a, quite a sort of a new, a new venture as as it were.
Speaker:Yeah, exactly.
Speaker:And so how's it been going then so far?
Speaker:Well, because we have a freemium model and you can actually go sign up for free
Speaker:and we'll take 6% of your sales and you can use our platform with no monthly fees.
Speaker:We've had 44,000 people sign up on the platform with basically no marketing, just
Speaker:word of mouth and people talking about it.
Speaker:And we have some e-commerce, what I call influencers like yourself, who
Speaker:go take a look at the platform and go, this is easier to onboard than Shopify.
Speaker:It's easier to get people up and going.
Speaker:And then we also integrated with a few of the print on demand,
Speaker:manufacturer on demand companies.
Speaker:. So you can basically get your t-shirt and your merch store launched in a, in
Speaker:a matter of hours and be selling stuff online and, you know, very, very quickly.
Speaker:Fantastic.
Speaker:And what, uh, what suppliers, uh, merch supplies, um, t-shirt supplies.
Speaker:I'm just, the reason I'm asking this, Greg, uh, is more for my son
Speaker:actually who, um, who is thinking of doing something online like that
Speaker:to try and finance his way through college or university as I'd call it.
Speaker:So I'm just kinda curious.
Speaker:Very cool.
Speaker:Yeah, no, right now we integrate with Printful, which is one of
Speaker:the world's largest companies.
Speaker:And, uh, I I, they're a little bit more expensive than some of the other
Speaker:providers, but they also got, you know, they're also like a $1.3 billion company.
Speaker:They got 135 million in funding in 2021.
Speaker:Mm-hmm.
Speaker:. And they're, they're, and they also have a global footprint.
Speaker:They've got facilities in Latvia.
Speaker:If I say that right, Latvia, Japan.
Speaker:Mm-hmm.
Speaker:Latvia.
Speaker:Yeah.
Speaker:And Japan And Australia.
Speaker:In Canada, United States.
Speaker:Mm-hmm.
Speaker:, you know, so, so they have a worldwide footprint, which is good.
Speaker:And then, and then we integrated with Printify, which Printify that kind of like
Speaker:integrations with a whole bunch of small mom and pop and other, other vendors.
Speaker:Yeah.
Speaker:And we're gonna be integrating with more and more and more as
Speaker:the, as the customer base requests.
Speaker:Fantastic.
Speaker:So do you have yet, um, or, or are you still waiting on the, the, the
Speaker:stories to arrive as sort of a favorite story of someone that sort of signed
Speaker:up and just managed to hit a vein and is, is going forward in a big way?
Speaker:You know what's interesting?
Speaker:We've had a couple political customers do that, right?
Speaker:They've got 'em, got 'em the platform and launched their, you know, selling their
Speaker:yard signs and their bumper stickers and their t-shirts and hats, and they do a
Speaker:couple hundred thousand dollars in a few months during the political campaigns.
Speaker:Uh, but no, no one that's really busted out and had one of those.
Speaker:You know, those, those, you know, 50,000 shirt seller type things yet,
Speaker:but they're coming and, and we're just now in the marketing space
Speaker:and we had a really cool thing.
Speaker:We had a really cool guy join our board of directors and we're doing some
Speaker:really, we got some really cool stuff.
Speaker:That's, and, and again, that, that piece of it, the launch cart piece is one third
Speaker:of really what the entrepreneurial, you know, my vision of what I want to build.
Speaker:Oh, so what are the other two thirds?
Speaker:If I've got a third of it, what's, what, what's the other two-thirds?
Speaker:Okay, so I gotta tell you a quick little story, another war story, right?
Speaker:Go for it.
Speaker:So a, as we're building launch cart, I had some friends that were doing
Speaker:drop shipping from China, right?
Speaker:Using Alibaba and Ali Express and that kind of stuff.
Speaker:Yeah.
Speaker:So we said, Hey, let's, let's start doing some drop shipping and let's,
Speaker:let's see what those pain points are.
Speaker:So as we're building launch cart, we can, you know, fix those pain points as well.
Speaker:So we got into drop shipping and our first month we did about a million one and then
Speaker:we did a million, million anyway, in, in eight months we did 400,000 sales.
Speaker:I collected 400,000 credit cards.
Speaker:Wow.
Speaker:And did 17 million in revenues off of spending 7 million in ad
Speaker:spend with about a 15% net profit.
Speaker:Wow.
Speaker:Now that's, I don't know anybody else who's done that many sales.
Speaker:Now, again, why was I able to do that?
Speaker:Like, like people, you know, I, I was like to quantify things, you
Speaker:know, as a trainer and a teacher is like, one is, I had money.
Speaker:Like, seriously, like I, when I wanted to scale something and do
Speaker:a hundred thousand dollars a day adspent, I had the money to do that.
Speaker:Yeah.
Speaker:And we literally were spending 50, 60, 70 hundred thousand dollars a day.
Speaker:Cuz you're not gonna do a million dollars, you're not gonna do those kind of numbers
Speaker:if you're not spending the kind of money.
Speaker:That's one.
Speaker:Two, I also had 45, uh, people in the Philippines doing support and I had seven
Speaker:people spying on products and trying to find the products we're selling.
Speaker:And it just kind of got outta, it just, it just kind of mushroomed
Speaker:and it, it actually, you know, thinking back it was a huge mistake.
Speaker:It was, it was a little bit of distraction.
Speaker:But it just, we, it just grew so fast and you know that cash coming
Speaker:in, you're just entrepreneur.
Speaker:This is incredible.
Speaker:We, we sold 5,000 today.
Speaker:Yeah.
Speaker:Yeah.
Speaker:So that's the good news.
Speaker:Okay.
Speaker:That's the good news.
Speaker:The bad news is my China supplier didn't ship the last 50,000 products.
Speaker:Wow.
Speaker:They started shipping out empty envelopes and I started getting thousands and
Speaker:thousands and thousands of support tickets going, Hey, I got an empty envelope.
Speaker:Wow.
Speaker:So I went from working with all these celebrities doing e-commerce, millions
Speaker:of dollars a month in revenues.
Speaker:A whole team blowing and going to, I was out of business in 45 days.
Speaker:And with my background and my history, I I, I was just like, wow, it can happen to
Speaker:me, it can happen to anyone type thing.
Speaker:Cause I was blown away cuz, but, but basically cause all I started giving
Speaker:refunds and we gave like 50,000 refunds.
Speaker:Every bank account, every merchant account was shut down.
Speaker:The merchant account shut down, and then the banks talked to the banks
Speaker:and PayPal talked to Chase and Chase.
Speaker:Boom, everything shut down.
Speaker:So anyway, that kind of took me to my knees and, you know,
Speaker:and, and praying some more.
Speaker:But that led me, that story led me to this is now I said, okay,
Speaker:I gotta fix that problem, right?
Speaker:Mm-hmm.
Speaker:I'm building launch cart as this SaaS platform.
Speaker:Now I'm gonna build the drop shipping marketplace that we call
Speaker:the Source and Sell Marketplace.
Speaker:And the Source and Sell Marketplace is a marketplace that we're building where
Speaker:brands and manufacturers can upload and put their products in the source and
Speaker:sell marketplace, and then allow Launch cart sellers to sell those products.
Speaker:On a drop ship basis.
Speaker:Now we're gonna rebrand it and we're gonna rebrand the whole
Speaker:industry as on demand E-commerce.
Speaker:Mm-hmm.
Speaker:and on demand product sourcing, because I wanna get away from the
Speaker:drop shipping negative connotation.
Speaker:Yeah.
Speaker:Yeah.
Speaker:And I want to have my, I wanna be number one in the category, so I always
Speaker:quote to entrepreneurs for years.
Speaker:If you wanna be number one in the category, create your category.
Speaker:Yeah.
Speaker:Yeah.
Speaker:Right.
Speaker:So we're gonna do the on-demand product sourcing, the on-demand
Speaker:e-commerce, and that's, that's the second piece of the three piece.
Speaker:And you go, okay, what's the third piece?
Speaker:Well, the third piece is banking as a service with blockchain.
Speaker:Well, what do you mean by that?
Speaker:What I mean by that is now when you come into launch cart, when
Speaker:this is all said and done, you're going to get a bank account, right.
Speaker:And you're gonna, and then when the, when we onboard customers into the and,
Speaker:and vendors and manufacturers and brands into the source and sell marketplace,
Speaker:they're gonna get a bank account.
Speaker:So now when you come shopping at my site, let's say one of
Speaker:my sites is called Rescue Joe.
Speaker:It's a coffee brand, drink a cup, save a pup, and we donate
Speaker:money to dog rescues, right?
Speaker:And you come and you buy my coffee and you got, and you're
Speaker:getting ready to go to checkout.
Speaker:And this says, wait before you go, would you like to add a French
Speaker:press to your, to your order?
Speaker:but I don't sell French presses, but my predictive analytics, you know,
Speaker:AI is everything these days, right?
Speaker:The AI and predictive analytics that says, Hey, this guy's also
Speaker:looking for a French press.
Speaker:It pulls a French press from the marketplace and puts it
Speaker:in front of the customer to increase the average order value.
Speaker:Mm-hmm.
Speaker:, as well as the lifetime value of the customer.
Speaker:And then if I add that French press to my order and I checkout at the
Speaker:point of purchase the money for the cost of goods, that French press gets
Speaker:deposited into the manufacturer of that French Press Bank account and I get
Speaker:my commission into my bank account.
Speaker:So that solves a whole bunch of problems.
Speaker:Yeah.
Speaker:One is the real brands are worried about digital marketers and blue
Speaker:and gold crooks selling stuff online, taking the money, shutting
Speaker:the store down, opening up another store, taking the money and running.
Speaker:So they're never gonna let you sell, you know, Prada or Louis Vuitton or
Speaker:any real brand because they're more protected about brand protection.
Speaker:Mm-hmm.
Speaker:. But now that I split the payment off at the point of purchase
Speaker:and they get paid instantly.
Speaker:They're pretty happy about that.
Speaker:Two, as an entrepreneur, when I was doing those 400,000 sales,
Speaker:it was an accounting nightmare.
Speaker:Mm-hmm.
Speaker:, can you imagine 400,000 orders?
Speaker:We probably sold three or 400, 500 different products.
Speaker:So money's going to different vendors, refunds, different vendors.
Speaker:It was a nightmare.
Speaker:My, my accounting department could not figure it out, could not keep up with it.
Speaker:But now if we do it at the point of purchase, and it's all with technology and
Speaker:it's all recorded on the blockchain, boom.
Speaker:Now as an entrepreneur, I don't do any book keeping.
Speaker:And then we're gonna take in and we're gonna book in.
Speaker:We're gonna figure out the whole tax situation and automatically pay the taxes.
Speaker:Cause now, you know, every state in the United States wants their little
Speaker:tax cut for the internet sales.
Speaker:Yeah.
Speaker:Yeah.
Speaker:So we're just gonna figure out that whole banking as a service, and then
Speaker:you'll give you a debit card and we'll give you a bank account and you'll
Speaker:be able to transfer funds online.
Speaker:And we might become one of the biggest, you know, banking partners
Speaker:in the world, if we can put a few million people on our platform.
Speaker:And then it also lowers the barrier of entry for people in places like
Speaker:Bangladesh or South Africa or Ghana and these other parts of the world where they
Speaker:have a hard time getting a bank account.
Speaker:Yeah.
Speaker:Wow.
Speaker:That's,
Speaker:so that's the three piece of the puzzle.
Speaker:That's the three piece of the puzzle.
Speaker:And what you can do with that at the end of the day is, is unparalleled
Speaker:to anybody else in the marketplace.
Speaker:Yeah, it sounds, I mean, you've got a lot going on there, Greg.
Speaker:I mean, I'm not gonna lie.
Speaker:Lot going on that sounds awesome.
Speaker:And I, I can see why you're going down the road that you're going down.
Speaker:I mean, and I'm listening to you talk going, why?
Speaker:That makes sense.
Speaker:That makes sense.
Speaker:So I'm not listening here going, well, why would you do that?
Speaker:That doesn't make any sense.
Speaker:It's, it is all obvious now when you, when you now you've sort of joined all the
Speaker:technologies together and you kind of go, yeah, I, I can see how that would work.
Speaker:Um, and especially excited with the fact that now people in Bangladesh
Speaker:can start trading on a worldwide platform, um, much easier as well.
Speaker:Cause I think the globalization, uh, of, of the markets.
Speaker:We've, it's fine if you live in the UK, it's fine if you live in the
Speaker:States, but it's never been that fine if you live in, um, sub-Saharan
Speaker:Africa or something like that.
Speaker:So, um, it'll be interesting to see what happens when those guys can actually start
Speaker:coming on and, and playing the same game.
Speaker:Really.
Speaker:Yeah.
Speaker:Um, So obviously, I mean, a lot of passion, a lot of drive, a
Speaker:lot of stuff going on there.
Speaker:Um, and the title of today's podcast Boost Your E-Commerce Revenue Strategies
Speaker:to Increase Your Average Order Value.
Speaker:So let's, let's dig into that a little bit.
Speaker:Some of the stuff that you've discovered along the way, and I'm imagining,
Speaker:Greg, you figured some stuff out and you've gone, that needs to be a
Speaker:feature in Launch Cart because that's gonna increase average order value.
Speaker:Right?
Speaker:So what are some of the things you deliberately added to Launch Cart
Speaker:to help increase average order value and why did you add them?
Speaker:Um, I'll tell you that.
Speaker:So let me add one, let me squeeze one little thing in
Speaker:there that also ties into this.
Speaker:So one of the first things we did is we wanted to have a checkout page
Speaker:editor, so, so to me the checkout page is the most important page on the
Speaker:website cuz that's the moment of truth.
Speaker:That's when you're giving me your credit card.
Speaker:So we gave our users the ability to add images.
Speaker:Like on my rescue Joe, again, I have a phone number, says, Hey,
Speaker:got questions, call me right now.
Speaker:I put my phone number on there.
Speaker:Do I ever get a call?
Speaker:No, but it increases trust.
Speaker:Yeah.
Speaker:Right.
Speaker:And then you can put trust seals on the checkout page.
Speaker:You can put, uh, countdown timers and scarcity timers on the countdown page.
Speaker:You can add images to your count, your, I mean, not your countdown
Speaker:page to your checkout page.
Speaker:So we call that the checkout page editor, which is the beginnings of,
Speaker:you know, increasing that, that's gonna increase your conversions,
Speaker:cuz increases your trust.
Speaker:Then..
Speaker:That's actually, um, that, sorry to interrupt Greg.
Speaker:That's quite a differential with Shopify.
Speaker:Because this has always been one of the pain points that people have with Shopify.
Speaker:And don't get me wrong, I like Shopify.
Speaker:Shopify's a great platform.
Speaker:We've used it a lot over the years.
Speaker:Um, but the reason I am not a, a solely Shopify man for my own sites is
Speaker:because you, you, you can design the site, you can't design the checkout.
Speaker:There's very little flexibility, right?
Speaker:Right.
Speaker:You can, if you're on their Shopify Plus program.
Speaker:Mm-hmm.
Speaker:for 2000 and you have some really good coders..
Speaker:Yeah.
Speaker:Well, you can now, I mean, it's not always been the case, has it?
Speaker:I mean, it's a sort of a more recent thing with Shopify.
Speaker:Yeah.
Speaker:Right.
Speaker:So we built in that, so that helps increase your conversions, right?
Speaker:Then you say, okay, then what can help increase your, your AOV?
Speaker:And that's like an order bump.
Speaker:So right on the checkout page, we allow you to add an order bump with a little red
Speaker:checkered box, or not a red checkered box.
Speaker:You can kind of customize how the order bump box looks, but we, we kind of coach
Speaker:people, you know, let's say I'm selling my rescue Joe coffee or a shirt, and I
Speaker:know they probably have a rescue dog.
Speaker:Then maybe I have a digital ebook that says, Hey, you know how
Speaker:to potty train your rescue dog, or something along those lines.
Speaker:Mm-hmm.
Speaker:So now I have a digital download, which we also allow digital
Speaker:downloads with our platform.
Speaker:And so now I can have that dig that, that, that order bump going, Hey, add this
Speaker:digital download to about seven bucks.
Speaker:Yep.
Speaker:Let me add that too there.
Speaker:Or like we did, we did a test with a Shopify store, Salem Jewelry, and
Speaker:we did a test where we offered uh uh, uh, uh, Uh, wrapping, you know,
Speaker:wrapping where you, you wrap the gift.
Speaker:You wrap the gift and our order bump.
Speaker:Now, they had a, they had an app that they had installed on their, on
Speaker:Shopify, but our order bump outperformed their order bump like three to one.
Speaker:Theirs was converting at about 22%.
Speaker:Ours converted at 75%.
Speaker:And, you know, you start tracking those numbers.
Speaker:So really order bumps is the very first thing you do to increase
Speaker:your average order value.
Speaker:Can I ask, um, Why would yours outperform three to one?
Speaker:What was different about the way you did the order bump?
Speaker:Well, their, their, their order bump was on the product page.
Speaker:So, so you, you're, you're buying, you've, you've seen those before, right?
Speaker:On Shopify, Shopify apps.
Speaker:It's the order bump, say add gift ship, add gift wrapping on the product page.
Speaker:Yeah.
Speaker:Whereas when we, we offered on the checkout page, it converted three to one.
Speaker:So that's just another insight going, there you go.
Speaker:Right?
Speaker:Mm-hmm.
Speaker:. And again, I wouldn't have known that unless we tested it.
Speaker:Yeah.
Speaker:Yeah.
Speaker:That's really interesting.
Speaker:And for those that are maybe new to e-commerce, Greg, just explain what
Speaker:you mean by order bump, just so we're sort of all clear on terminology.
Speaker:Okay.
Speaker:Well, you know what, another thing we always tell people is
Speaker:you're experiencing it every day.
Speaker:Right?
Speaker:Would you like fries with that coke or would you like coke with those fries?
Speaker:Right?
Speaker:Yeah.
Speaker:So it it, it's like you're just trying to add something at the point of checkout.
Speaker:Mm-hmm.
Speaker:to their order that's relevant to their order or, uh, is gonna
Speaker:be additive to their order.
Speaker:Or maybe in a lot of situations it's just order more of the same.
Speaker:If they've already said, I want this coffee, you can do an order bump going,
Speaker:Hey, would you like to double your order?
Speaker:Add another one and I'll give you 50% off your second one.
Speaker:Yeah.
Speaker:Or you could say add two more and buy two, get one free.
Speaker:So you, you, you configure that order bump to where you're getting more
Speaker:money of them buying the same exact thing they're already buying, which
Speaker:is one of my Greatest hacks there is.
Speaker:It's like, If you're not offering people more of what they're already ordering,
Speaker:you're, you're leaving money on the table.
Speaker:Very good.
Speaker:Very good.
Speaker:I'm sorry, I'm just making notes as we go along.
Speaker:Uh so we've got the order bump, um, and you're either selling another
Speaker:product or you're selling more of what you're already offering to the client.
Speaker:What else have you, have you got on your, on your note list?
Speaker:Well, going back to the whole funnels and the upsells and the
Speaker:down sells, so now we actually, you know, built in, you know, funnels.
Speaker:And, you know, upsells and down sells.
Speaker:So, so with our platform, you can do up to five upsells or down sells.
Speaker:So, and what I mean by upsells, again, for those of you maybe not familiar with
Speaker:that, is now I've, I've checked out, I've put in my credit card, I hit checkout.
Speaker:So now the credit card has been charged for that first order that's in the cart.
Speaker:Now what happens is with the technology for good visualizations, now that
Speaker:credit card's floating in space.
Speaker:And then another order says it comes up.
Speaker:And you, you've probably seen this before in some site.
Speaker:Wait, before you go, would you like to, like, again, if I'm buying some coffee,
Speaker:maybe I wanna sell them a coffee grinder.
Speaker:Maybe I wanna sell 'em another t-shirt.
Speaker:Maybe I wanna sell them something else.
Speaker:Yeah.
Speaker:Wait before you go, would you like me to add this to your order and we'll give you
Speaker:free shipping or we'll give you a discount type of thing and you can do an upsell.
Speaker:So that's called an upsell.
Speaker:Right.
Speaker:And if they add it to their order, we build the credit card again before
Speaker:we, we cancel the, the transaction.
Speaker:So that can't, that credit card, so they don't have to go and put
Speaker:their credit card back in again.
Speaker:Mm-hmm.
Speaker:. Mm-hmm.
Speaker:. It's there.
Speaker:And then if we do that upsell, we can do 'em another upsell and another upsell.
Speaker:Or we do what's called a downsell, which is they say no to that.
Speaker:Then you can say, well, if you didn't buy that, maybe you might wanna buy this.
Speaker:And you do what's called a down sell.
Speaker:And then we, and that's, and really that's just a, a lower priced product.
Speaker:Mm-hmm.
Speaker:You're just trying to upsell 'em again, but you can call it downsell cause
Speaker:we're giving 'em a lower priced product.
Speaker:And now you, you maybe try to upsell 'em that digital download or that
Speaker:e-book or something that's lower priced and get more money of 'em.
Speaker:And it's, and, and, and you know, what you hear all the time is, oh, I hate those.
Speaker:and it's like, yeah, but the guys cashing the checks are, don't hate those, right?
Speaker:Because yeah, statistically there's like, it's like 12% usually on
Speaker:the low if you have it done right.
Speaker:And you understand the, the concept of mm-hmm , this, you should be getting
Speaker:a, you know, 10 to 12% conversion post checkout on an upsell or down
Speaker:sell, and you can get as much as 30%.
Speaker:Right?
Speaker:So that's a big, big, big deal when you're trying to make money, profit,
Speaker:and, and especially now where, you know, you go back to when we were
Speaker:2015, 16, 17, and even 2018, you know what we were, our customer
Speaker:acquisition cost was $3, $5, $8, $10.
Speaker:Now it's 15, 18, 20, 25, 30, right?
Speaker:Mm-hmm.
Speaker:. So we have to bid, figure out a way to get people to put more into their
Speaker:cart and add more into their cart.
Speaker:Yeah.
Speaker:And it's really not hard, but you have to, you have to know, you have
Speaker:to just think it through as well, what product goes with what product,
Speaker:and you know, how do you do that.
Speaker:It's really interesting and one of the things that has always intrigued me by
Speaker:the upsell, um, thing, and Greg maybe you, maybe you can speak to this a little
Speaker:bit, um, was that if I do an order bump, So let's say the original product was 20
Speaker:bucks, and then I do an order bump and that product is 15 bucks with an offer.
Speaker:So then the customer's going, well, now I was prepared to
Speaker:spend 20 and now I'm spending 35.
Speaker:They're seeing it collectively.
Speaker:Yeah, I've got a great offer there, but I'm still seeing the total price.
Speaker:Whereas on the upsell, they've gone through checkout, um, and
Speaker:you are selling them a a, a a.
Speaker:promoting the product on the upsell.
Speaker:They don't see it as a combined figure anymore.
Speaker:It's not like, well, if I now add this, it's a total of 35 because
Speaker:the first transactions happened.
Speaker:Well, that was 25, uh, that was 20 bucks over there.
Speaker:Well, this is a separate thing for 15 bucks, and it, it, it stops them
Speaker:adding the two numbers together.
Speaker:I don't know if that's true.
Speaker:That was something that I heard and I, I wonder if you can speak to that.
Speaker:I, I believe it is true.
Speaker:And I, and, and, and again, I think it goes back to the personality
Speaker:types of the person that's on the other end of that computer.
Speaker:But I do believe it is true because, and it just goes back to making killer
Speaker:offers and killer prices and, you know, it's normally $45, but you can get it
Speaker:for, and again, you think about this, um, hey, can you, oh, here's one right here.
Speaker:Here's a good example for those of you on YouTube.
Speaker:So I'm holding what's called a spin gym, right?
Speaker:Mm-hmm.
Speaker:and this is like a little fitness thing, right?
Speaker:And so this is a little fitness thing that sells for 40.
Speaker:Wow.
Speaker:Okay.
Speaker:The cost on it.
Speaker:The cost on it's eight.
Speaker:Yeah.
Speaker:They sold 2 million of these on home shopping network.
Speaker:Right?
Speaker:So if, if, if my cost is eight, right?
Speaker:And, and, and I wanna sell them, this is another one, I sell more of the same.
Speaker:Right?
Speaker:So it's like, Hey, you bought, you, you just bought one for 40.
Speaker:Buy three of 'em and I'll give you two more for 40.
Speaker:Mm-hmm.
Speaker:. So it's, it's, it's by buy two, get one free, and then buy five of them.
Speaker:And I'm gonna lower the price down to where it's maybe, you know, um, I don't
Speaker:even know what we did there, but you know, just so much significantly lower they go.
Speaker:And that's a smoking deal.
Speaker:And then you can also make it make sense because you should have one in your car.
Speaker:You should have one at your office.
Speaker:You should take one within your travel.
Speaker:You should give one to your spouse.
Speaker:You should give one to your friend, you know, so it's a great gift.
Speaker:Fits all those models of what you wanna do.
Speaker:Mm-hmm.
Speaker:And, and so I'm always trying to coach people going, what is that hero product
Speaker:that you can do that fits with the upsells that down sells sell more of the
Speaker:same to get the customer in the door, cuz it's much easier to get 'em to buy
Speaker:again or buy something else through email marketing and that kind of stuff down
Speaker:the road if you have 'em as a customer.
Speaker:So it's, it's always it.
Speaker:And I, and specifically when I'm running ads, right?
Speaker:Yeah.
Speaker:So if you're running ads, you gotta really think, what's that hero product
Speaker:and what, and again, stickers, I got these stickers that says I love my rescue dog.
Speaker:You know, and it's come get your free sticker.
Speaker:And then when they get to our landing page, and that's another thing, that
Speaker:launch cart did to increase your, your, your average order value and your,
Speaker:your conversions is we built in pages.
Speaker:So now, rather than sending to a shopping store, we can send you to a long
Speaker:form sales page and it's like mm-hmm.
Speaker:, hey, get these stickers, just pay shipping and handling a 10 pack.
Speaker:Right?
Speaker:And now I get that credit card out and I always tell people the minute you got that
Speaker:credit card out, even if it's a dollar.
Speaker:Dollar Free trials, $7, you know, $3 for shipping.
Speaker:Mm-hmm.
Speaker:, they just became a customer versus a prospect.
Speaker:Yeah.
Speaker:And a customer's gonna read your emails, they're gonna pay more attention to you,
Speaker:and it's a whole different relationship the minute they pay for something.
Speaker:That's really important.
Speaker:It's a psychology aspect of it, isn't it?
Speaker:Which says if they've given me their credit card, like
Speaker:you say, they're a customer.
Speaker:And that's, that's really important.
Speaker:They call it the micro yes.
Speaker:Don't they?
Speaker:And, and getting people to say yes, even something small like that, um,
Speaker:is, is a, is a, is a big, big deal.
Speaker:So what, out of a, again, out of your experience here, Greg, the stuff that
Speaker:you found, um, how do you distinguish between what's a good product?
Speaker:What's a good order bump, and what's a good upsell?
Speaker:How would I know which products to put in which place?
Speaker:If that makes sense.
Speaker:Yeah.
Speaker:Mean, you know what I always tell people I'm really good at marketing.
Speaker:I'm probably one of the top digital marketers on the planet.
Speaker:I mean, when you spend 7 million of your own money on Facebook ads
Speaker:and Google ads and all that kind of stuff, you get really good at it.
Speaker:Right?
Speaker:you find a few things out.
Speaker:Right?
Speaker:You learn a few things.
Speaker:Yeah, yeah, yeah, yeah.
Speaker:No.
Speaker:When it's your money, you pay a little bit more attention.
Speaker:It's true.
Speaker:That's true.
Speaker:Yeah.
Speaker:Uh, but, but I, but I tell people as good as I am, I'm
Speaker:only right maybe half the time.
Speaker:The audience is always right.
Speaker:So it's always about split testing.
Speaker:I could look at a product and go, that's a great product.
Speaker:It's gonna, it's fly off the shelves and it's it.
Speaker:So if you're not ab split testing constantly, right?
Speaker:Mm-hmm.
Speaker:, and it's always about the, it's always about the customer journey.
Speaker:The landing page, the product page, the checkout page, the upsells,
Speaker:downsell pages, and there's optimizations you can do at every
Speaker:single stage of the customer journey.
Speaker:And they even back up to the Facebook ads.
Speaker:The headline on the ad.
Speaker:The image on the ad.
Speaker:The video on the ad, yeah.
Speaker:You know that customer journey, it's always about can I increase one
Speaker:or two percentage points on this, this piece of the customer journey.
Speaker:Then one or 2% here, and then one or 2% here, and then one or 2% here.
Speaker:And now on that three or four or five step customer journey,
Speaker:I've increased at 7 or 8%.
Speaker:That's the difference between going broke and making money.
Speaker:Mm-hmm.
Speaker:So, and then it's always different.
Speaker:So if I'm doing a t-shirt brand, right, or I'm trying to sell some, some
Speaker:graphic tees because I'm a 12 year old or a 14 year old and I wanna, I love
Speaker:skateboarding or I love snowboarding.
Speaker:Well now we use spy tools and there's spy tools where you can go look at Amazon, you
Speaker:can go look at Etsy and you can say, you can just type in, you know, surfboard, you
Speaker:know, or surfing, you know, graphic tees.
Speaker:Or you can type in anything and.
Speaker:Rescue dog graphic tees, and you'll see all the designs come up and then the spy
Speaker:tools can actually tell you which ones are selling, which ones aren't selling.
Speaker:Then you go, okay, look at that design.
Speaker:That design's selling.
Speaker:Yeah.
Speaker:Okay, so let me take that design and make it mine.
Speaker:Like we don't ever tell people, rip it off and copy people.
Speaker:Make it yours.
Speaker:Take the same concept, make good stuff, and make it yours.
Speaker:And then you got at least you have an edge up to know that hey, people
Speaker:are actually buying that design.
Speaker:Yeah.
Speaker:And then, and then the last piece of that question, I think that I would say is, you
Speaker:know, building brands, selling products, when and if you can, it's emotion.
Speaker:Like what can you do to bring emotion out?
Speaker:So there's a new client that we're, that we're gonna be onboarding into
Speaker:the source and sell marketplace.
Speaker:And I've never said this publicly, but I'm gonna share it with you.
Speaker:This is so cool.
Speaker:These guys have a technology to print words, personalized words on roses.
Speaker:So, so, so I could send, I could send roses to my wife
Speaker:that says, I love you Mary.
Speaker:Happy Valentine's Mary, Merry christmas Mary.
Speaker:It and it's printed in white lettering on a red rose.
Speaker:and we're just trying to get with them.
Speaker:They do this on a local, local basis, but we're trying to get them to figure
Speaker:out the supply side side of it so they can ship 'em all over the world and
Speaker:then, and then kinda hook that stuff up.
Speaker:Um, and they said their number one seller is, I'm sorry, people saying I'm sorry.
Speaker:Wow.
Speaker:So that's, wow.
Speaker:So I just need to figure out how to print, I'm sorry, on a red
Speaker:rose and I'll, I'll clean up.
Speaker:But, um, no, that's, that's really, really, intriguing.
Speaker:So you think about, you think about the emotion that product consider
Speaker:that does, and that also can deliver.
Speaker:And same thing with jewelry and gifts for Valentine's Day and
Speaker:birthdays and anniversaries.
Speaker:And, and again, you know, we're always telling people, look, there's
Speaker:cyclical stuff, E-commerce, and you know this more than anybody, right?
Speaker:It's like we have all of our holidays.
Speaker:If you're not really putting stuff together, like, like we just had St.
Speaker:Patrick's Day, and I see a lot of people just like blip on St.
Speaker:Patrick's Day.
Speaker:St.
Speaker:Patrick's Day is one of the biggest t-shirt and, and, and,
Speaker:and graphic tees of the season.
Speaker:People love those, those, those that stuff.
Speaker:So, and it's such an easy target to Target, right?
Speaker:You know, the, yeah.
Speaker:The Irish, you know, St.
Speaker:Patty Day lovers.
Speaker:So you gotta go after the holidays and you gotta be just real
Speaker:cognizant of what you're doing.
Speaker:So, you know, your question is a good question, but it could be
Speaker:different based on holidays could be different based on time of year.
Speaker:But one thing that's always consistent is if you can get people to feel
Speaker:something, we always teach people when you're building a brand,
Speaker:they might forget what you say.
Speaker:They might forget what you do, but they'll never forget what
Speaker:you, how you make them feel.
Speaker:Yeah, that's such a powerful statement, isn't it?
Speaker:Um, Greg, earlier on you touched on this, um, topic of reviews with, um, Shopify.
Speaker:One of the big problems with Shopify, so I'm guessing with, uh, launch cart,
Speaker:you've got a review system built in.
Speaker:how have you seen reviews affect, say, average order value and what would
Speaker:us, what's your strategy for getting people to leave reviews, good reviews?
Speaker:Well, that's a good question.
Speaker:So, so it it, it's critical and, and it's, and, and it's really hard for
Speaker:people that are new, Right, because you don't have any reviews, and so people
Speaker:are coming to your new store and there isn't any reviews, so it's really, really
Speaker:critical that you do solicit reviews.
Speaker:Now, what I suggest people do and.
Speaker:this is getting easier and I haven't done what I'm getting ready to say.
Speaker:I'm, I'm gonna tell you what I do and what I've done, and I'm gonna
Speaker:tell you what, what's coming.
Speaker:Mm-hmm.
Speaker:. And what I do, what I've done is I've used this, this, this
Speaker:technology called BombBomb.
Speaker:And it's a video, it's a video recording program where I record a video.
Speaker:So you're the owner of the store.
Speaker:Hey, this is Greg and I just wanna say thank you so much for purchasing.
Speaker:You know that Rescue Joe Coffee, it's gonna go, we're gonna help
Speaker:support Rescue Joe Dogs and bottle it, and I just love it.
Speaker:You're gonna be getting your product in about three to five days, and actually
Speaker:I try to time the video to hit their inbox about within 24 to 48 hours and
Speaker:then getting the actual product right?
Speaker:Yeah.
Speaker:Yeah.
Speaker:So if you can time that.
Speaker:Um, then you just say, we really would appreciate review.
Speaker:You know, we're doing a lot of good out there.
Speaker:And the more reviews we'd have, it's gonna show people out there.
Speaker:And if you have any problems, here's our support number.
Speaker:I'll call, I will personally make sure you get the best white glove,
Speaker:you know, customer service ever.
Speaker:And again, who does that?
Speaker:Like you, you compare yourself to every e-commerce out there.
Speaker:Have you ever got a video like that from the CEO or the founder of the business?
Speaker:And especially as a small business, we have to do stuff like that.
Speaker:Yeah.
Speaker:Yeah.
Speaker:totally.
Speaker:Now the other thing I've done, and Shopify has an app for this, and someday
Speaker:we'll probably integrate an app for this at launch cart, but they have a
Speaker:postcard system that you can pay an extra dollar or a $1.10 or whatever
Speaker:it was, and it will send a postcard out, you know, to that customer.
Speaker:So I think that's another really great way as well.
Speaker:Yeah, just send a postcard out.
Speaker:Thank you for your order.
Speaker:And it's just going over and above and stepping up.
Speaker:But where it's going is now with ai, you can record a video.
Speaker:And it'll like merge your lips and you know, cuz again, the whole
Speaker:thing is if I record a video that's generic, it's better than nothing.
Speaker:Mm-hmm.
Speaker:. But if I record a video that says, Hey Matt, thanks for your order and I recorded
Speaker:your name, they go, wow, that guy just took the time to make a video for me.
Speaker:Yeah.
Speaker:So you use these new AI tools to record a video and then boom, pop
Speaker:that video up to every order you got.
Speaker:And then, and then that link.
Speaker:And then, and then you can do that in your sequence to getting, you know,
Speaker:we have a three, three email sequence that goes out to ask for reviews.
Speaker:You can just put that video right in your sequence.
Speaker:Mm-hmm.
Speaker:. That's really clever.
Speaker:Really good.
Speaker:So what's in the other two emails?
Speaker:You've got, uh, your three email sequence.
Speaker:So one of them's with the video.
Speaker:What else do you think works?
Speaker:You know, really it's just, it's just pulling on human emotion.
Speaker:A as to, and again, because we're working with a lot of early
Speaker:stage, you know, companies and doing print on demand and stuff.
Speaker:I always tell people, you gotta tell your story.
Speaker:Mm-hmm.
Speaker:You gotta do like the indoctrination emails, like
Speaker:who you are, what you're about.
Speaker:And you know, I'm a single, you know, stay at home mom and you know, I.
Speaker:, you know, uh, uh, you know, handicapped or I got fired cuz I didn't wanna
Speaker:take, you know, whatever it is, right?
Speaker:Mm-hmm.
Speaker:, they need to try to indoctrinate their customers to an emotional pull to who they
Speaker:are and let 'em know that you're a human being and they're buying and supporting
Speaker:a human as if I walked down Grand Avenue and I went into your store and I
Speaker:bought something from your gift store.
Speaker:Yeah.
Speaker:So I think it's that, that's what I've, to me, the first one or two
Speaker:emails are always about indoctrination.
Speaker:Um, of, of who you are and what your business is about and your vision.
Speaker:Kinda like you with this today.
Speaker:Now it's kind of hard to do this on, you know, we got plenty of time today,
Speaker:but when anybody in the e-commerce world, here's my vision of a launch
Speaker:cart SaaS platform, a source and sell marketplace, and banking as a system.
Speaker:I've never had anyone go, well, I don't think that's gonna fly.
Speaker:Yeah.
Speaker:Everyone goes this way.
Speaker:You said, no, that's interesting.
Speaker:Ah, you're solving that problem.
Speaker:Wow.
Speaker:You can pull that off.
Speaker:That'd be amazing.
Speaker:. Yeah, no, absolutely, totally.
Speaker:It'll be amazing.
Speaker:Um, I'm really intrigued by it.
Speaker:Greg, listen.
Speaker:Um, where do people find out more about Launch Cart?
Speaker:Uh, if they want to know more about, I'm just aware of time, so it, you know,
Speaker:if people listening to the show go, man, this is, this is intriguing me.
Speaker:Um, I'm gonna check it out.
Speaker:Either they're on Shopify or they're starting out, or maybe they're on
Speaker:a different platform like where, where, how do they find out more
Speaker:about what you guys are doing?
Speaker:Yeah.
Speaker:You know, it's really just launchcart.com.
Speaker:And we have a, a, a a nice if you search launch cart on Facebook.
Speaker:We have a nice community and we're always doing training.
Speaker:I have seven figure trainers that train every week and we have different flavors
Speaker:and different kinds of training and we're always doing things we can to train.
Speaker:Cause we know that my biggest issue as a SaaS company and a businessman is,
Speaker:I have to get you onboarded and I have to get you making sales or you're gone.
Speaker:And I do wanna share one other thing that's really cool.
Speaker:Have you ever heard of the guy, the name Master P?
Speaker:No.
Speaker:So there's a, there's a, there's a, a hiphop guy, or he used to
Speaker:be a hiphop guy named Master P From, from the, from the South.
Speaker:New Orleans.
Speaker:He sold over a hundred million albums.
Speaker:Wow.
Speaker:African American.
Speaker:Yeah.
Speaker:And he, and he became one of the biggest hiphop guys start his own
Speaker:label called, uh, no Limit Records.
Speaker:And, and then he helped launch guys like Snoop Dogg and, and, and, and 50
Speaker:cents and a lot of these rap industries.
Speaker:And then he became a businessman, start buying up real estate
Speaker:and doing all kinds of stuff.
Speaker:Well, he's been a friend of mine for about 12 years.
Speaker:Right.
Speaker:He just joined our board of directors.
Speaker:Oh, wow.
Speaker:So he's the new.
Speaker:He's the new chairman of our board.
Speaker:And his influence is, is, is significant.
Speaker:So in honor of him joining our chairman of our board, we created this
Speaker:thing called the Chairman's Special.
Speaker:And the chairman's special is you can get, we have a, we have our free plan.
Speaker:Our $27 month plan, our $97 month plan, and our $297 month plan mm-hmm.
Speaker:. And there's different levels of all the funnels and all the, all the
Speaker:bells and whistles you get as you go up that ladder, that paywall.
Speaker:But the $297 plan, obviously is the best plan.
Speaker:Mm-hmm.
Speaker:. So in honor of him joining, we created the 85% off the $297 plan.
Speaker:So right now, Um, you can get the $297 plan for $43 97 cents a month,
Speaker:and we're gonna do that for the first 2023 people that sign up to
Speaker:commemorate 2023, the year 2023.
Speaker:. Wow.
Speaker:So it's a smoking deal.
Speaker:And um, and, and like we're really committed to building the faster, better,
Speaker:higher converting e-commerce platform.
Speaker:And, and, and you know, and in your opening you talked about your little
Speaker:recommendation of the other thing.
Speaker:We also have a friend of mine who has this company called LTV Numbers, and we're
Speaker:gonna be integrating some lifetime value calculation figures into our platform.
Speaker:And they guarantee you they'll be the absolute best.
Speaker:That's ever been put into an e-commerce platform because I'm a numbers guy
Speaker:and I always recognize if you can't track it, you can't optimize it.
Speaker:So we're gonna continue to build things that, that help people sell more.
Speaker:We wanna empower entrepreneurs, we wanna empower communities, we
Speaker:wanna empower countries, and we wanna build something significant
Speaker:and make a difference in the world.
Speaker:Fantastic.
Speaker:Fantastic.
Speaker:Well go get your, uh, be one of the 2000 people that get
Speaker:that smoking hot, uh, deal.
Speaker:The chairman special, I assume, um, Greg, that's grandfathering that rate.
Speaker:Is that, is that always gonna be 85% off?
Speaker:Yeah.
Speaker:Yeah.
Speaker:Okay.
Speaker:Of course, of course.
Speaker:Yeah.
Speaker:Check it out.
Speaker:Now, Greg, how do people reach you?
Speaker:How do they connect with you if they want to do that?
Speaker:You know, my, my name is Greg Writer and everyone is like, they think
Speaker:when I have the name tags at events, it's like, oh, are you a writer?
Speaker:And I go, yeah, it'll be written.
Speaker:I'm like, but I haven't written anything.
Speaker:Right.
Speaker:SaaS platform.
Speaker:Uh, yeah, exactly.
Speaker:So it, it's, it's gregwriter.com.
Speaker:I'm on Twitter, I'm on Instagram, on Facebook.
Speaker:I'm everywhere.
Speaker:I'm very accessible.
Speaker:I've been online for, since 1997.
Speaker:So, I'm out there and I'm communicating and doing everything I can to empower
Speaker:and, and just share and help people cuz I believe what Zig Zigler told me
Speaker:and taught me in the early eighties, help enough people get what they
Speaker:want and you'll get what you want.
Speaker:And I really do believe that and I live it.
Speaker:Absolutely.
Speaker:Zig Zigler.
Speaker:What a legend.
Speaker:Uh, yeah.
Speaker:I, I love that guy.
Speaker:Fell in love with him when I was an early entrepreneur.
Speaker:Just absorbed all of his tapes, which is what they were back then, weren't they?
Speaker:You know, you got the tapes.
Speaker:Yeah.
Speaker:Uh, . You had to listen to those.
Speaker:Uh, listen, Greg, thanks for coming on the show, man.
Speaker:Super excited to hear what you guys are doing, love your passion,
Speaker:uh, and what you've got going on and your vision for the future.
Speaker:That's awesome.
Speaker:And, um, I hope it goes super well.
Speaker:Maybe we'll get you back on the show in about, I guess about six, 12 months time.
Speaker:You can tell us how it's all going and bring some great stories, I guess.
Speaker:I, I love it.
Speaker:I appreciate it.
Speaker:Appreciate you and I always tell people, do what I do.
Speaker:Wake up every day with an attitude, a gratitude, which is
Speaker:something I learnt from Jim Rohn.
Speaker:I think.
Speaker:And, and then, and then I added this.
Speaker:Tell somebody you love them and you'll have a better day.
Speaker:That's very true.
Speaker:I I like that one.
Speaker:I do like that one.
Speaker:That's awesome.
Speaker:Fantastic.
Speaker:There you have a great conversation with Greg.
Speaker:Big thanks to Greg again for joining me today.
Speaker:Also, a big shout out to today's shows sponsor, the e-commerce cohort.
Speaker:Remember to check out their free online training at ecommercecycles.com.
Speaker:Also be sure to follow the e-commerce podcast wherever you get your podcast
Speaker:from because we have got some more great conversations lined up and I
Speaker:don't want you to miss any of them.
Speaker:Yes, I don't.
Speaker:So make sure you sign up.
Speaker:And in case no one has told you yet today, you are awesome.
Speaker:Created awesome.
Speaker:And it's just a burden you have to bear.
Speaker:Greg has to bear it.
Speaker:I have to bear it.
Speaker:And you, dear listener, have gotta bear it as well.
Speaker:Now, the E-Commerce podcast is produced by Aurion Media.
Speaker:You can find our entire archive of ynepisodes on your favorite podcast app.
Speaker:The team that makes this show possible is Sadaf Beynon, Estella
Speaker:Robin and Tanya Hutsuliak.
Speaker:Our theme song was written by Josh Edmundson, and as I mentioned, if
Speaker:you would like to read the transcript or show notes, head over to the
Speaker:website ecommercepodcast.net.
Speaker:And if you're there and you haven't done so already, sign up to the
Speaker:newsletter and get all of this good stuff straight to your inbox for free.
Speaker:Now that's it from me.
Speaker:That's it from Greg.
Speaker:Thank you so much for joining us.
Speaker:Have a fantastic week wherever you are in the world.
Speaker:I'll see you next time.