Ecommerce Evolution
Episode #190 - Lessons from the Trenches - $10 Million in Sustained Growth with Josh Durham
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:46:16
- More information
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Synopsis
Josh Durham has achieved some amazing success online. He’s also a survivor of an eCommerce crash and burn story that’s truly spectacular. He built an amazing brand from $0 to $10 million in just 3 short years and then lost it all in a matter of months. After the dusting off the debris Josh joined my buddy Peter Goodwin as the head of growth for Groove Life and helped add $10million in top line sales (with good margin) in about a year and a half. In this episode we dive into valuable lessons from rapid growth and rapid failure. Here’s a look at what we cover. Law of Quarters - and how it should help you think about margins, product pricing, and operations. How failing to introduce successful 2nd, 3rd, and 4th products can spell death to a brand. How to structure a successful Ambassador program that will become a new content engine for you. Tips for building a real community around your brand. Knowing your numbers and your MER (Media Efficiency Ratio). How to generate an unending supply of amazing User Genera