ecommerce

Retail executives network and collaborate at eTail's 25th Anniversary Conference

eTail Expands U.S. Production Team, Propelling Next Phase of Growth

Worldwide Business Research (WBR) has expanded its U.S. production team for eTail, promoting Kristin Schoenstein to eTail Chief of Staff and Elizabeth Robillard to eTail Portfolio Director. Leucepe (Leo) Martinez also joins the eTail Palm Springs team, bringing international perspective from eTail Toronto and London.

Power of Sophisticated Commerce: Insights from Spryker’s SVP of Product with Elena Leonova

In this episode of Talk Commerce, Brent Peterson sat down with Elena Leonova, the Senior Vice President of Product at Spryker, to explore the world of complex ecommerce solutions and the art of effective product management.

“Ultimately, what they want to do is they want to run digital commerce, how they’ve been running their commerce practice in general. And that also means that in most of the cases, the available solutions that fit everybody don’t work for them.”

  • Elena Leonova

Navigating the Complexities of Sophisticated Commerce

Elena shared her insights on how Spryker, a digital commerce platform, caters to the needs of large enterprises with intricate business models and processes. She highlighted examples of Spryker’s customers, including those selling to dealers, powering small grocery shops, and managing supply chain complexities for industrial-grade printers.

“We built our platform to specifically be extensible in all those places to solve for those complexities.”

  • Elena Leonova

The Evolution of Product Management Across Platforms

Brent and Elena discussed how Elena’s product management experience evolved as she transitioned from Magento, an open-source platform, to BigCommerce, a multi-tenant SaaS solution, and now to Spryker. They explored the challenges and opportunities that arose in each environment, from managing an ecosystem of partners to navigating the data-rich world of SaaS platforms.

“The role of the product manager is to make sure that we as software company make the right decisions. Ultimately, we’re building a product or a platform that is going to last for many, many years.”

  • Elena Leonova

Mentoring the Next Generation of Product Managers

Elena’s passion for product management extends beyond her work at Spryker. She shared her insights on the importance of understanding the nuances of platform products and the need to balance customer-centric thinking with commercial viability.

“Besides just kind of what we just talked about, the platform products, a lot of people also don’t realize that product management is not about just building the product that customers love. You build products that you ultimately need to sell to customers.”

  • Elena Leonova

As the podcast drew to a close, Elena invited listeners to connect with her to discuss platform products and explore product management mentorship opportunities.

Brent’s Takeaway: Elena’s deep dive into the complexities of sophisticated commerce and her insights on the evolving role of product management were incredibly valuable. Her commitment to mentoring the next generation of product leaders is truly admirable and showcases her dedication to advancing the industry.

WordPress Tags: ecommerce, product management, platform products, Spryker, Magento, BigCommerce, sophisticated commerce, enterprise commerce, mentorship

https://youtu.be/pG9AQ2rIv_0

Key Takeaways:

  • The complexities of sophisticated commerce and how Spryker addresses them
  • The challenges and opportunities of product management in open-source, SaaS, and platform environments
  • The importance of balancing customer-centric thinking with commercial viability in product management
  • Elena’s commitment to mentoring and sharing her knowledge with aspiring product managers

Don’t miss this insightful conversation packed with valuable lessons for anyone interested in the world of ecommerce, product management, and platform-based solutions. Watch now and unlock the power of sophisticated commerce!

Revolutionizing Resale: Wilson Griffin on Recurate’s Sustainable Fashion Mission

In this episode of Talk Commerce, I had the pleasure of sitting down with Wilson Griffin, CEO and founder of Recurate. Wilson shared his insights on the resale market, sustainable fashion, and how Recurate empowers brands to embrace circularity.

The Environmental Impact of Fashion

Wilson highlighted the massive environmental footprint of the apparel supply chain, particularly in the fashion industry. He emphasized the duty of brands and enablers like Recurate to optimize manufactured product use.

“The apparel supply chain fashion in particular, but this is true of other industries as well, is it has a massive, massive environmental footprint. Just the amount of raw materials and resources that go into manufacturing the products that we buy.”

We can significantly reduce the industry’s environmental impact by extending product life cycles and reducing dependence on manufacturing new items.

Bringing Brands into the Resale Economy

Historically, brands have been excluded from the resale economy, with platforms like eBay and Poshmark facilitating secondhand sales without brand involvement. Recurate aims to change that by helping brands manage their own resale programs.

“What we’ve set out to do is help those brands to participate in this. So all of a sudden brands are incentivized to make higher quality goods that will last longer because they’re actually going to benefit from the second, third and fourth sales.”

By connecting brands with the resale market, Recurate enables them to benefit from multiple product life cycles, incentivizing the production of higher quality, longer-lasting goods.

Resale OS 2.0: Streamlining the Resale Process

Wilson introduced Recurate’s latest offering, Resale OS 2.0, which provides modular solutions for brands to integrate resale into their existing e-commerce ecosystem. With features like seller influencer closets and the ability to quickly launch resale programs, Recurate is making it easier than ever for brands to embrace circularity.

“The way that we, uh, work with brands is we’ve we fully integrate into their sort of e-commerce ecosystem tech stack. Uh, what that means is that we have access to a lot of that brand’s information as far as, you know, customer purchase history, the brand’s catalog.”

This integration allows brands to leverage customer data and product information to optimize their resale offerings and meet customer demand.

The Future of Sustainable Fashion

As we move into 2024 and beyond, Wilson sees a significant opportunity for brands to invest in sustainable practices and embrace the resale market. By offering secondhand products alongside new items, brands can grow their revenue without increasing their environmental footprint.

“There really is no incremental water usage or greenhouse gas emissions to sell a product a second time. All of that environmental impact went into the first sale of that product.”

https://youtu.be/UKrY7PvlzH0

Brands prioritizing sustainability, transparency, and innovation in their supply chains will be well-positioned to thrive in the growing resale economy.

As a fervent advocate for sustainability, I believe that the work Recurate does is crucial in transforming the fashion industry. By empowering brands to embrace resale and circularity, we can significantly reduce the environmental impact of the apparel supply chain while still meeting consumer demand.

I encourage listeners to check out Recurate’s website and reach out if you’re a brand interested in launching a resale program. As consumers, we can also support brands that offer resale options and prioritize sustainability.

To hear more of Wilson’s insights and the full conversation, be sure to listen to the complete Talk Commerce podcast episode. Let’s work together to revolutionize the fashion industry and create a more sustainable future.

Strategic Partnerships: Navigating the Evolving Marketing Landscape with Brian Gerstner

Welcome back to Talk Commerce! Today, we had the pleasure of chatting with Brian Gerstner, President of White Label IQ, about the crucial role of strategic partnerships in the ever-changing marketing world. Brian’s insights into leveraging partnerships, navigating the rise of AI, and preparing for the upcoming holiday season were truly insightful.

The Power of Niche Expertise and White Label Partnerships

Brian emphasized the increasing need for specialization in the marketing industry, especially with the rise of AI tools like Jasper and ChatGPT. He believes AI will ultimately “beat the mediocrity out of all of us,” pushing agencies and businesses to focus on their core strengths and partner for specific needs.

“AI is going to not be your friend” if you’re “just getting things done and checking off boxes.”

This resonated with me deeply. As someone who has witnessed the evolution of the digital marketing landscape, I’ve seen firsthand how crucial it is to develop and excel in a niche. Partnering with experts like White Label IQ allows agencies to access specialized skills without the fixed costs of hiring full-time staff.

AI: A Tool, Not a Replacement

While AI presents incredible opportunities, Brian rightly points out that it does not replace human expertise. AI tools are powerful for content creation and iteration, but they lack the emotional intelligence and strategic thinking humans bring.

“AI is great at creating the pieces… but it’s not really great at bringing the pieces together.”

I couldn’t agree more. As marketers, we must guide and curate AI, ensuring it aligns with our brand voice, understands our audience, and ultimately serves our business objectives. The human touch is essential in crafting compelling narratives and building authentic customer connections.

Gearing Up for the Holiday Season and Beyond

With Black Friday and Cyber Monday just around the corner, Brian offered valuable advice for merchants and agencies.

“Plan ahead for next year… collect the information so that you can follow up with people so that you can grow your audience.”

His emphasis on leveraging first-party data for post-holiday nurturing resonated strongly. Building relationships with customers acquired during the holiday rush is key to long-term success.

Final Thoughts

Brian’s insights underscore the importance of adapting to the evolving marketing landscape. Embracing niche expertise, leveraging strategic partnerships, and understanding the potential and limitations of AI is crucial for staying ahead of the curve. As we head into the holiday season and beyond, remember the value of human connection and strategic collaboration in achieving sustainable growth.

Be sure to check out the full episode of Talk Commerce to hear more from Brian Gerstner and gain valuable insights for your business!

The Rise of SHOPLINE: Powering the Future of Social-Driven Commerce

SHOPLINE, the leading global provider of unified commerce solutions, is unveiling its latest advancements at Shoptalk, the premier global gathering of retail and ecommerce leaders. With social commerce expected to reach a staggering $2.9 trillion by 2026, SHOPLINE is strategically positioned to help brands capitalize on this fast-growing trend through its industry-leading, all-in-one platform.

Live from eTail West with Shopware’s Jason Nyhus: Insights and Innovations

I had the pleasure of welcoming Jason Nyhus, the General Manager at Shopware US, who shared valuable insights into Shopware’s journey, its mission in the US market, and the innovative strides the company is making in the eCommerce space. As a long-time listener but a first-time attendee, Jason brought a fresh perspective to the table, underlining the importance of innovation, open source, and meeting the specific needs of the mid-market merchant.

Shopware’s Mission and Cultural Impact

Starting with a background on Shopware, Jason Nyhus highlighted the company’s 20-year history and its foundation by two brothers with contrasting strengths in art and science. This combination has fostered a unique company culture capable of challenging norms and embracing significant changes, such as going open source and transitioning the company’s business language to English, despite being based in rural Germany.

First-Person Insight:

As someone deeply involved in the eCommerce world, it was fascinating to hear about Shopware’s bold decisions and cultural dynamics. The company’s commitment to open source and continuous innovation resonates with the changing needs of the global market.

Shopware’s Approach to Innovation

Jason emphasized Shopware’s innovative approach, particularly its decision to invest in AI capabilities and focus on improving merchant efficiency. With 13 or 14 live AI capabilities now embedded in the product at no extra charge, Shopware is setting new benchmarks for what eCommerce platforms can offer.

First-Person Insight:

The conversation around AI and innovation was particularly engaging. It’s clear that Shopware is not just keeping up with trends but is actively shaping the future of eCommerce with its visionary perspective.

The Importance of Serving the Mid-Market

A significant part of our discussion revolved around the unique challenges and opportunities in serving the mid-market. Jason pointed out the critical role of providing enterprise-class capabilities at SMB budgets and the necessity of a supportive community of developers and scalable marketing stories.

First-Person Insight:

Jason’s insights into the mid-market segment were eye-opening. It’s a reminder of how platforms need to adapt and innovate to serve this diverse and often overlooked segment effectively.

Looking Ahead: The Future of eCommerce in 2024

As we wrapped up our conversation, Jason shared his optimistic outlook for the eCommerce industry in 2024, highlighting the increased activity and energy in the sector. This optimism is backed by Shopware’s impressive growth and the potential for digital transformation among mid-market merchants.

First-Person Insight:

Jason’s optimism for the future of eCommerce is contagious. It’s clear that despite the challenges, there are vast opportunities for growth and innovation in this space.


Etail Wrap up

My conversation with Jason Nyhus was not only enlightening but also inspirational, providing a glimpse into the future of eCommerce through the lens of Shopware’s journey and innovations. As we navigate the ever-evolving landscape of commerce, it’s clear that innovation, open source, and a deep understanding of the market’s needs will be crucial for success.

For those looking to dive deeper into the world of eCommerce and learn more about Shopware’s innovative solutions, listening to the full episode of Talk Commerce is a must.

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