Commerce

Talk-Commerce-Arno Ham

The evolving expectations of B2B buyers: A digital transformation imperative with Arno Ham

Hello everyone, I’m Brent, your host, and today I’m excited to share with you an insightful conversation I had with Arno Ham, the CTO of Sana Commerce. Arno, with his extensive experience in technology and a deep passion for B2B e-commerce, shared some fascinating insights into the world of B2B commerce, the challenges it faces, and the solutions Sana Commerce provides.

Meet Arno Ham: The Tech Enthusiast

Arno Ham, with over 20 years of experience in technology and a background in computer science, is a man who lives and breathes technology. As the CTO of Sana Commerce, he oversees everything tech-related, from product management and development to professional services and customer service.

But Arno is not just about work. He’s a family man who loves spending time with his wife and three daughters. He enjoys running, cooking, and outdoor activities. He also has a penchant for visiting museums and indulging in good food.

The World of B2B E-commerce

Our conversation took a humorous turn when I asked Arno if a joke should remain free or if someone could charge for it in the future. Arno, with a chuckle, suggested paying for it, emphasizing that nothing comes for free in this world.

On a more serious note, we delved into the world of B2B commerce. I recalled a previous interview with Michelle, the CEO of Asana, and highlighted the growing importance of B2B commerce. Arno then took us through the backbone of Sana Commerce and what they are currently promoting.

The Challenges and Solutions in B2B Commerce

Arno shed light on the challenges of pricing in B2B and the complexity that arises when dealing with a large number of customers and products. He explained that the explosion of data and the need for rapid changes in the business world make it difficult to synchronize pricing information and ensure accurate stock levels.

Arno emphasized the importance of maintaining good relationships with customers and the need for agreements that go beyond just pricing. He also highlighted the changing expectations of younger business owners who want a seamless digital experience in B2B, similar to what they experience in B2C.

Interestingly, Arno mentioned that 40% of B2B transactions still happen offline, but there is a growing demand for digitization. He discussed the challenges faced by older generations in adapting to digital transformation and the need to transfer their knowledge into a digital experience.

Sana Commerce: Bridging the Gap in B2B E-commerce

Arno then introduced us to Sana Commerce’s role in this changing landscape. While Sana provides a great frontend solution, they also integrate with other frontends and ERP systems. Arno emphasized the importance of specialized vendors for specific needs, such as product information management systems. He mentioned that Sana integrates with various systems like CRM, customer data platforms, and product information management systems.

Arno’s Advice for the Future of B2B

As we moved towards the end of our conversation, I asked Arno for advice on digitization and moving forward in the B2B space. Arno suggested starting conversations with B2B buyers and understanding their needs, especially as younger generations prefer digital solutions. He advised forming a multidisciplinary team within the organization to drive digital transformation holistically. Arno also highlighted the importance of aligning incentives for the sales team to embrace the digital shift.

Wrapping Up

Arno concluded by plugging Sana Commerce as a solution for businesses looking to start or improve their B2B e-commerce storefronts. He mentioned that Sana integrates with Microsoft Dynamics and SAP, and invited listeners to check out his podcast, “B2B Waves.”

This conversation with Arno Ham was a deep dive into the world of B2B e-commerce, its challenges, and the solutions that Sana Commerce provides. It was a pleasure to have him on the show, and I hope you found his insights as valuable as I did.

For more podcasts about Commerce

Hyva Checkout

Taking eCommerce to the Next Level With Hyvä Checkout

Transform your eCommerce profession with the new Hyvä Checkout platform, powered by advanced technology and a focus on the user experience, to enhance conversion rates and revenues significantly.

Sunglass Hut’s Aims to Bridge the Gap Between E-Commerce and Physical Stores

Into the Metaverse: Sunglass Hut’s Aims to Bridge the Gap Between E-Commerce and Physical Stores

Sunglass Hut ventures into the metaverse to seamlessly merge e-commerce with their physical stores. This new initiative further personalizes virtual fashion and improves the shopping experience for Sunglass Hut customers around the globe.

Talk-Commerce Jamin Arvig

From Amazon to Everywhere: Navigating the Multichannel Landscape with Jamin Arvig

In a recent podcast episode, I welcomed Jamin Arvig, the co-founder of aiC Brands, a company that owns, operates, builds, and buys e-commerce brands. Jamin is also a co-founder of AIcommerce, a service company that provides multichannel marketing and growth benefits to brands. He is also involved in the Junior Presidents organization, which aims to teach kids about entrepreneurship and starting businesses.

The Importance of Multichannel Strategies for E-commerce Brands

Our conversation quickly shifted to the importance of multichannel strategies for e-commerce brands. Jamin explained that diversification is crucial for business stability and higher valuations. With the increasing competition and costs on platforms like Amazon, having a presence on multiple channels becomes even more important. Additionally, being present across various channels increases brand value and awareness.

Amazon’s Expansion Beyond Its Platform

We also discussed how Amazon is expanding beyond its platform through initiatives like Buy with Prime. Jamin explained that Amazon wants to capture customers who start their product searches elsewhere, and they are partnering with e-commerce platforms like Shopify to grow their infrastructure. Buy with Prime allows brands to leverage Amazon’s fulfillment network and benefit from quick delivery and lower shipping costs.

The Importance of Customer Experience and Branding Strategy

We addressed the misconception that Amazon is a soulless marketplace with limited opportunities for brand differentiation. Jamin explained that Amazon has added various features over the years that allow sellers to tell their brand story, such as branded pages, plus content, ads, comparable products, matrices, and videos. However, he acknowledged that there are still limitations to fully expressing a brand’s story on the Amazon platform.

We emphasized the benefits of creating a customer experience on your own website, where the possibilities are limitless. By leveraging the “Buy with Prime” button, sellers can combine the advantages of Amazon’s two-day shipping and name recognition with the ability to tell their brand story in any way they want on their own site.

The Need for Differentiation

We discussed how having a generic product on Amazon can make it difficult to stand out among the competition. Jamin highlighted the need for differentiation, including a strong supply chain, intellectual property (IP) protection, and a unique customer experience or community. He mentioned that having patents, trademarks, and even an app can make it more challenging for others to copy your product.

Choosing a Platform for Direct Sales

We discussed the considerations that bigger brands must make when choosing a platform for their direct sales. One advantage of using Amazon Prime is the happy feeling that comes with knowing your order will be delivered. However, Shopify Plus charges an additional fee for using an external gateway, and it’s unclear if Prime is even available for Shopify yet. Shopify has limited payment options compared to BigCommerce, which allows more flexibility.

Jamin agreed and added that regardless of the platform, there are costs involved in fulfillment, shipping, and labor. The difference lies in the commission charged by Amazon. He explained that deciding which platform to choose depends on factors like conversion rate increase and overall cost-effectiveness.

Expanding into New Channels

When expanding into new channels, Jamin explained that companies can either invest in building the capability internally, acquire a company with the desired capability, or partner with someone who already has it. He suggests that partnering with a fractional team can be more effective and cost-efficient, especially when resources are limited.

We mentioned aiCommerce as a potential partner, and Jamin agreed, stating that their reason for existing is to serve brands as they explore new channels. He mentioned that many brands achieve success by partnering with them.

Our conversation with Jamin provided valuable insights into the world of e-commerce, the importance of multichannel strategies, and the role of branding in differentiating products on platforms like Amazon. It’s clear that the future of e-commerce lies in diversification, customer experience, and strategic partnerships.

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Social Media Marketing for E-Commerce: Tips and Best Practices

In today’s digital age, e-commerce has become the new normal for shopping. As consumers spend more time online, it has become essential for businesses, particularly those in the creative and design fields, to market themselves effectively on social media. Whether you’re an independent designer or a creative e-commerce entrepreneur, the …

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10 Reasons Why Shopware is More Robust than Magento

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The Influence of Content Marketing in E-commerce

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How Wix's Ecommerce Platform Boosts Sales and Customer Engagement with Oren Inditzky

From Browsing to Buying: How Wix’s Ecommerce Platform Boosts Sales and Customer Engagement with Oren Inditzky

In a recent podcast episode, I enjoyed conversing with Oren Inditzky, the VP and GM of Stores Ecommerce for Wix. We delved into the world of ecommerce, discussing the features of Wix’s ecommerce platform, the role of artificial intelligence (AI) and machine learning, and the future of ecommerce. Here’s a recap of our insightful discussion.

Meet Oren: The Man Behind Wix Ecommerce

Oren, a passionate snowboarder and tech enthusiast, is the driving force behind Wix’s ecommerce platform. He oversees the day-to-day operations of Wix ecommerce, a platform that empowers merchants with professional tools to establish, manage, and grow their online businesses.

Wix Ecommerce: A Comprehensive Solution for Online Merchants

Wix ecommerce is more than just a website-building platform. It allows merchants to sell products across various channels, including their own branded online store, native mobile app, physical point of sale, and integrations with external ecommerce marketplaces and social media platforms.

From sourcing products and managing inventory to accepting payments, fulfilling and shipping orders, and obtaining analytics, Wix ecommerce covers all aspects of ecommerce operations. It also offers a wide range of marketing and ecommerce tools to increase traffic, customer engagement, and sales.

The Power of Third-Party Apps and Smart Algorithms

One of the standout features of Wix ecommerce is its integration with hundreds of third-party apps. These apps can be customized by developers and merchants to create unique ecommerce experiences at scale. Oren highlighted the growing number of apps joining the ecosystem and the upcoming collaborations to enhance cross-selling and upselling capabilities on the checkout page.

Wix also leverages smart algorithms for product recommendations, a powerful cross-selling tool. By suggesting other products to customers based on their browsing history, Wix increases the chances of cross-selling and upselling.

The Future of Ecommerce: AI and Content Creation

During our conversation, Oren revealed an exciting upcoming feature: the ability to generate an entire website using AI. This feature aims to streamline the website creation process and optimize day-to-day operations for businesses.

Oren also discussed the future of ecommerce, emphasizing the importance of content creation for online stores. He mentioned the potential for customers to purchase entire looks, including outfits, accessories, and makeup, through their connected devices. He also highlighted the use of augmented reality fitting rooms and the seamless integration of AI, advanced hardware, and logistics to deliver spontaneous purchases within hours.

Looking Ahead: The Importance of Repeat Customers and Content

As we look ahead to 2023 and the upcoming holiday season, Oren emphasized the need for online merchants to focus on generating repeat customers due to the skyrocketing customer acquisition costs. He advised utilizing the holiday season to obtain new customers and then using retention strategies to keep them coming back.

Oren also highlighted the importance of ecommerce content, attracting customers to the site and building trust and increasing conversion rates. He explained that good content goes beyond text and includes the overall design, images, and messaging of the site.

Wix’s Advanced Capabilities: SEO and AI Content Generation

Finally, Oren touched upon Wix’s advanced capabilities for improving site indexing and search engine optimization (SEO), making it easier for online stores to generate content and optimize it for SEO. He also mentioned the use of AI content-generation tools as a valuable resource.

In conclusion, our conversation with Oren provided a deep dive into the world of Wix ecommerce, revealing its powerful features, the role of AI, and the future of ecommerce. As we move forward, it’s clear that platforms like Wix will continue to shape the ecommerce landscape, offering innovative solutions for online merchants.

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Magento Go, what if?

What if Magento Go, Went?: An Unfulfilled Potential.

Dive into an e-commerce world that might have been, as we look into the potential operandi of Magento Go and its possible showdown with Shopify.

Talk-Commerce-Justin Beals

Revolutionizing Security Compliance: The Strike Graph Story with Justin Beals

In a recent podcast episode, I had the pleasure of hosting Justin Beals, the co-founder and CEO of Strike Graph. We delved into a variety of topics, from his role at Strike Graph to his passion for sailing and skateboarding, and the journey of starting a startup.

Meet Justin Beals: The Man Behind Strike Graph

Justin Beals is not just the co-founder and CEO of Strike Graph, but also a passionate sailor and skateboarder. His day-to-day role at Strike Graph involves building the business, assembling the right team, and solving important problems. As the CEO, he deals with various issues, from trash collection to strategy.

The Journey of Starting a Startup

Justin shared his journey in starting Strike Graph and his interest in entrepreneurship and technology. He looks for problems that can be solved with a technology-driven solution and that require capital to build and prove the value of the product. He mentioned working with an incubator in Seattle to spin out Strike Graph and their recent VC-backed funding round.

The Importance of Certifications in Business

Justin shared his personal experience as a Chief Technology Officer at a previous startup, where he struggled to help the sales team navigate the procurement process and share security operations. He explained how certifications like PCI-DSS and SOC2 can impact revenue by speeding up the procurement process. By cutting the two-year timeframe in half or three-quarters, companies can increase their revenue significantly.

The Ethical Aspect of Security

Justin also discussed the ethical aspect of the problem, stating that implementing better security is better for everyone involved in the marketplace. He mentioned that these certifications act as a measuring stick for an organization’s security operation and can help build trust among customers.

Understanding Certifications and Audit Qualifications

We also discussed the specific certifications and audit qualifications. PCI-DSS, designed for credit card processing, requires an external assessment for organizations that process a million transactions a year. SOC2, often added on top of PCI-DSS, has a broader set of expectations, including security processes around HR, change management, and encryption.

The Role of Security Operations in Businesses

Justin emphasized the importance of security operations in businesses. He mentioned that multiple people in the organization, such as the CTO and DevOps, should own different aspects of security. He emphasized the need for a separation of environments to prevent the leakage of production data into a QA environment.

The Impact of GDPR

We discussed the impact of GDPR (General Data Protection Regulation) in Europe, which has driven the adoption of privacy-focused standards worldwide. Justin explained that GDPR is a liability standard, and organizations self-certify to avoid potential lawsuits. He recommends businesses to start with a simple risk assessment to determine the scope of security practices needed.

Advice for Entrepreneurs and Business People

Justin advises entrepreneurs and business people to adopt pragmatic approaches and focus on stable, metric-focused growth, retention, resiliency, and profitability. He highlights the importance of audits and certifications, such as SOC2, ISO 27001, and PCI DSS, as businesses grow and cater to more sophisticated customers.

About Strike Graph

Strike Graph is a security compliance and certification solution. Their platform helps customers earn certifications and audits like SOC2, ISO 27001, and GDPR compliance. Justin expressed his excitement about the success they have found with their customers and the value they have found in the product.

If you’re interested in learning more about Strike Graph and their solutions, I recommend visiting their website at strikegraph.com. You can also reach out to Justin on LinkedIn. He’s always happy to share his knowledge and experience with anyone who needs help.

I appreciate Justin’s insights and am grateful for his time on the podcast. His knowledge and experience in the startup world are invaluable, and I’m sure our listeners found his insights as enlightening as I did.

For more podcasts about Commerce