“I find the visibility that we get with Store Hero is just fantastic… it's an analytics dashboard with a marketing layer and also a profit layer”

Megan Pate · Marketing ATM · Shower Thoughts, Pronunciation Merch & A Love Affair with Art

Play from 13:31
13:31

Audio streams from the publisher’s own feed. Verbatim does not host or copy it.

What was described

Uses Store Hero dashboard to monitor e-commerce numbers in a low-touch way for profit and contribution margin decisions

Said nearby on the same subject

“We put this in, a dashboard, like a dashboard that can be monitored all the time to say how these things are going”
♫
Said on The GovCon Room
“You’re four times more likely to convert in-store. E-commerce conversion rates sit around 2-3%, whereas in-store should be 25%-30% of foot traffic.”
♫
Said on eCommerce Australia
Hard number online 2-3%; in-store 25-30% (≈4× higher) Share this moment
“If companies have sales overshoots or undershoots, a very high incremental margin relative to a lower stated margin can cause a big profit beat or a big profit loss.”
♫
Said on In Good Company with Nicolai Tangen
Why it worked Share this moment
“Number one is accountability, really. Know who's making the decision. Have someone designated to make decisions.”
LV
Lindsay Vogel Scale LLP
SaaS That App - Building Tech-Enabled Businesses ·
How they work Share this moment

Moments like this, every Monday

The strongest new moments on your topics, in the speakers' own words. Free for three topics.

No card. No password. One-click unsubscribe.

Track a competitor?

Pro watches up to 25 names or phrases and emails you the morning after they are said.

See Pro, $29 a month

Verbatim quotes a short extract and links to the episode; the episode belongs to its publisher. Remove a show.