Your Ecommerce Coffee Break Newsletter ⭐ (Issue 82)

The weekly ecommerce news summary for online sellers, Shopify merchants, and DTC brands.

Hey, Claus here,

Happy Thursday to the 6,748 Online Sellers, Marketers & Founders reading this newsletter.

Threads now has 200M monthly users! Are you one of them? Let’s connect: https://www.threads.net/@ecommercecoffeebreak

And now grab a Coffee (or Tea) and enjoy your Ecommerce Coffee Break. 👇

🎙️ ECOMMERCE COFFEE BREAK PODCAST

On Monday, John Roman, CEO of BattlBox.com, shared how BattlBox leveraged video marketing to grow their brand, starting with long-form YouTube content and evolving into a powerhouse of short-form videos across multiple platforms. 🎧 Listen on [Website] [Apple Podcasts] [Spotify] [YouTube]

On Wednesday, Varun Kundra, Co-Founder of AfterSell.com, talked about the key elements of an effective cross-sell strategy and how to successfully implement it in your ecommerce business. 🎧 Listen on [Website] [Apple Podcasts] [Spotify] [YouTube]

Listen in your favorite podcast app just search for 'Ecommerce Coffee Break'. 350+ episodes of free content.

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📰 SHOPIFY & ECOMMERCE NEWS (Handpicked Finds of the Week)

Platforms & Marketplaces:

  • Shopify's Merchant Growth Surges [Link]

  • Shopify Point of Sale crossed $100B since its launch in 2013 [Link]

  • Shopify reported a strong quarter this week [Link]

  • Amazon Sells More Retail Ads Than Google [Link]

  • Amazon is raising FBA fulfillment fees [Link]

  • TikTok and Amazon Join Forces for In-App Shopping [Link]

  • TikTok Lays the Groundwork for More European Ecommerce [Link]

Social Media & Advertising:

  • Meta removes detailed targeting exclusions in ad campaigns [Link]

  • Instagram Expands Carousels to 20 Frames [Link]

  • YouTube Tests Picture-in-picture Mid-roll Ads [Link]

  • 55% of Gen Z have bought items via social media in the last 6 months [Link]

  • Google Ads users can now generate shareable ad previews [Link]

General Ecommerce News:

  • Google has launched Recommendations on Search Console [Link]

  • Google ruled as monopolist by U.S. judge. [Link]

  • PayPal Fastlane now available to all US merchants [Link]

Unlock the Premium membership for + 7 other news items…

PREMIUM MEMBER EXCLUSIVE CONTENT

  • 6 Critical Aspects to Consider when choosing a Payment Gateway

  • 100 Plug And Play Ad Headlines Sheet

  • How Top Brands Are Winning on TikTok

  • 2024 Global Digital Shopping Index: U.S. Edition

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🛒 WHAT TO DO DURING A RECESSION: TIPS FOR ONLINE STORE OWNERS

As an online store owner or DTC brand, you might be worried about a potential recession. But don't panic! With the right strategy, you can weather the storm and even come out stronger.

First, resist the urge to slash your marketing budget. Many successful brands actually increase their advertising during downturns. This can help you stand out when competitors pull back, potentially grabbing more market share.

Next, focus on your best-selling products. You might need to adjust your inventory strategy, focusing on items with proven demand. Consider introducing lower-priced options to cater to budget-conscious shoppers, but don't compromise on quality.

Optimize your website for conversions. Now's the time to improve your site speed, streamline the checkout process, and enhance product descriptions. Small improvements can make a big difference in tough times.

Leverage your customer data to personalize offers and communications. Loyal customers are gold during a recession, so nurture these relationships.

Look for ways to reduce costs without hurting the customer experience. This might mean negotiating better rates with suppliers or streamlining your fulfillment process.

Invest in technologies that boost efficiency, like inventory management systems or automated email marketing tools. These can help you do more with less.

Finally, stay flexible and keep an eye on changing consumer behavior. Be ready to pivot your product offerings or marketing messages as needed.

Remember, recessions don't last forever. By making smart moves now, you can position your online store to thrive even in challenging times.

Want more detailed strategies for recession-proofing your e-commerce business? Check out Founder's Sidekick for personalized help and guidance.

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👋 BEFORE YOU GO

I’m curious, where and when do you get your best ideas? Simply reply to this email and let me know.

I'd love to hear from you!

See you next Thursday.

~ Claus

Claus Lauter

The Ecommerce Coffee Break Podcast + Newsletter ☕ 100% powered by caffeine and curiosity

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