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Riding the eCommerce Wave

Derek Dodds is the CEO of WaveTribe.com, a business on a mission to create an important relationship between sport and planet. Today Derek joins the show to discuss how he has managed to combine his passion – which is surfing – as well as his work, something that doesn’t always go over well. Derek is an inspiring person, someone who has a lot of knowledge to give on the subject on standing by your values. If you have been wanting to structure your weeks so you have a more balanced lifestyle between work and play, this is the episode for you.

You’ll learn:

  • How Wave Tribe came to be
  • How Derek structures his life to combine business and surfing
  • Why he is ruthless about setting value and assigning dollar amounts to different tasks
  • Recommendations on partnerships

Subscribe: iTunes | Stitcher

(With your host Andrew Youderian of eCommerceFuel.com and Derek Dodds of WaveTribe.com)

What Was Mentioned

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Google Search Ads for Beginners – How to Get Started with Search Engine Marketing

Paid Google search ads provide an instant boost of traffic to your store. Here’s everything you need to know to maximize the success of your first campaign!

The post Google Search Ads for Beginners – How to Get Started with Search Engine Marketing appeared first on WooCommerce.

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Meet the Three-Person Team Behind a Global Giftware Company

Al Cuttell, Diana Paisis, and Jos Reinders are the trio behind Bitten Design, a global giftware maker based in Utrecht, Netherlands. The team designs and produces over 40 new items each year and distributes them in over 45 counties. With over a decade of operating under their belts, the team shares how they entered entrepreneurship, built a global network of distributors, and remained financially independent.

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How to Protect Your Online Store

Your store’s security is critical, but it doesn’t have to be hard. Get the checklist of tools, strategies, and practices you need to protect your store!

The post How to Protect Your Online Store appeared first on WooCommerce.

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Business Plan Template: A Framework to Streamline Your Next Business Plan

Business plan template for new entrepreneurs

Starting with a business plan template is the easiest way to simplify the work of writing a business plan. We put together a template (and an example) to help you optimize your planning time.

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News Cart for May 22nd

Hey there!

What a week for eCommerce. From Shopify’s massive virtual event announcing a slew of new features to Facebook rolling out Facebook Shops, and, of course, headlines from Amazon, we’ve got a lot to cover in today’s ECF News Cart.

Both Shopify and Facebook launched new features to help businesses be more flexible when selling online. The two tech giants paired up to create a better multi-channel shopping experience for customers and a more integrated business management platform for merchants.

Enjoy this week’s roundup!

– Andrew

Subscribe: iTunes | Stitcher

In the News

Shopify Announces Merchant Banking, Product Financing & More

  • Merchants have immediate access to new tools like Shopify Balance (a business banking solution), native installment options with Shop Pay, store functionally improvements, and much more.
  • Shopify announced its commitment to investing $1B into its Shopify Fulfillment Network over the next five years.
  • New purchase orders functionality lets merchants order, track, and receive inventory from their suppliers

Facebook and Instagram Roll Out Shops, Turning Business Profiles into Storefronts

  • Brands can upload products to a single customized online store that customers can access through Facebook or Instagram, or discover through ads.
  • Integrates with third-party platforms like Shopify, BigCommerce and Woocommerce for easier management
  • Customers can direct message businesses to ask them questions, get support, track deliveries, and more—similar to how you might ask a store associate for help in a brick-and-mortar store

Amazon Is Said To Be In Talks To Buy J.C. Penney

  • “There is an Amazon team in Plano as we speak,” according to the WWD report. “There is a dialogue and I’m told it has a lot to do with Amazon eager to expand its apparel business.
  • J.C. Penney shares dropped another 23% before stopping on Monday.

AMC’s stock soars after report Amazon held merger talks

  • AMC’s business and stock price had been hit extremely hard as a result of the COVID-19 pandemic
  • Acquisition could further monetize existing titles and help market Amazon Studios to a broader audience

Pepsi Launches DTC Sites for Pandemic Shoppers

  • Consumers can order a variety of snacks and beverages from PepsiCo’s two new DTC websites, PantryShop.com and Snacks.com, to be delivered straight to their door.
  • Extremely difficult to determine how big a bag of Cheetos is online 😉

Walmart Says It Will Discontinue Jet, Which It Acquired for $3 Billion in 2016

  • The announcement comes after an estimated eCommerce loss of $2B in 2019 
  • Despite several restructuring attempts, Jet.com was unable to take off as expected despite Walmart’s online sales being up 74% in Q1.

eCommerce Up Big at Retail’s Expense 

Apple, Google Release Technology For Pandemic Apps

  • Leverages bluetooth to alert owner when they’ve been near someone who later tests positive for COVID-19
  • Twenty-two countries and several U.S. states are planning on leveraging the software
  • The identities of app users will be protected by encryption and anonymous identifier beacons that change continuously

Twitter tells employees they can work from home ‘forever’

  • Twitter says that, with a few exceptions, their offices won’t open before September.
  • CEO Jack Dorsey said in Twitter’s Q4 2019 earning call in February that he hopes to see a more distributed workforce outside San Francisco: “Our concentration in San Francisco is not serving us any longer”

Other Interesting Things

From Rock to Ring Watch as someone makes a ring from scratch, including mining, smelting and purifying their own silver from the land they own.  Pretty impressive and a good reminder of how spoiled we are in 2020 to have 99.9% of what we own made for us.

Create a Profitable Online Blog – If you’ve been wanting to ramp up your own successful blog Steve Chou and Toni Anderson, two successful bloggers and friends of mine, have built a killer course to help you build momentum.  (Not an affiliate link)

Top Forum Discussions

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Looking for Capital and/or Mentorship?

If you’re interested in long-term funding from a team that also has the skills, eCommerce rolodex and battle-tested knowledge to help you grow, you need to check out eCommerceFuel Capital.

The post News Cart for May 22nd appeared first on eCommerceFuel.

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Contactless Order Fulfillment: Customer and USPS Pickup Options for WooCommerce

Get your physical products or food safely into the hands of customers with contactless store pickup and USPS shipping options. Here’s how to set it up fast!

The post Contactless Order Fulfillment: Customer and USPS Pickup Options for WooCommerce appeared first on WooCommerce.

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A Letter to Entrepreneurs, From Shopify COO Harley Finkelstein

shopify coo harley finkelstein

A thank you from me to entrepreneurs for the resiliency they’ve shown during this time.

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Shop Pay Is the Fastest and Best-Converting Checkout Experience on the Internet

Shop Pay is the internet's fastest checkout experience.

We conducted a study of our 10,000 largest Shopify merchants with Shop Pay enabled, over a 1-month period spanning mid-January to mid-February 2020. Our study showed that checkouts going through Shop Pay have an average checkout-to-order rate of 1.72x times higher than those going through regular checkouts.

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Introducing Facebook Shops: Create Customizable Storefronts on Facebook and Instagram

Introducing Facebook Shops for Shopify merchants.

Meet your customers where they are—it’s the golden rule. In that spirit, we’re thrilled to share a first-ever preview of Facebook Shops for Shopify merchants: a new shopping experience that lets you create a customizable storefront on the Facebook and Instagram mobile apps.

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