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$40M in 5 Years: The Profit-First Obvi Playbook for DTC and Retail Domination → Ronak Shah
Manage episode 453351846 series 2907632
In this episode of the 2X eCommerce Podcast, Kunle Campbell interviews Ron Shah, co-founder of Obvi, a successful collagen brand that has profitably grown to a $40 million business in just five years. Ron shares the strategic shifts from direct-to-consumer (DTC) to retail, insights on user-generated content (UGC) and community building, and the importance of lean operations. He discusses the learnings from their presence in major retailers like Walmart and emphasizes the role of micro-influencers and loyal customers in their marketing strategy. The episode offers valuable lessons on navigating the challenges of the evolving eCommerce landscape and building a profitable brand with minimal resources.
- (00:00) - $40M in 5 Years: The Profit-First Obvi Playbook for DTC and Retail Domination → Ronak Shah
- (02:50) - Ron Shah's Journey in the Supplement Industry
- (04:46) - Formation of Obvi and Leadership Team
- (07:02) - Scaling Obvi: From Startup to $40 Million
- (08:34) - Profitability and Lean Operations
- (09:10) - Leveraging Agencies and Performance Models
- (13:21) - Building a Strong Community and Ambassador Program
- (17:07) - Retail Expansion and Lessons Learned
- (22:37) - Customer Insights at Walmart
- (23:41) - Social Media Strategy for Walmart Listings
- (27:33) - Impact of Brand Collaborations
- (29:03) - The Rise of TikTok Shop
- (32:20) - UGC and CGC Strategies
- (36:21) - Content Creation and Ad Strategy
- (43:34) - Rapid Fire Questions
- (45:32) - Conclusion and Final Thoughts
Resources mentioned:
- Insense: A platform used for sourcing creators and generating user-generated content (UGC).
- TikTok Shop: A growing social commerce platform that integrates shopping directly into the TikTok experience.
- Shopify and Shop App: Obvi uses Shopify for DTC sales and sees potential in the Shop App for social commerce innovation.
- SPINS and Nielsen Data: Tools for retail sales analytics, used to gather insights about performance in stores like Walmart.
Books Mentioned
- Winning Is Everything by Tim Grover: A recommended read by Ron Shah.
Community Management
- Obvi’s Facebook Group: A 105,000-member community of loyal customers actively engaging around collagen and wellness topics.
Connect with 2X eCommerce:
- Website: 2X eCommerce Website → https://2xecommerce.com/podcast/
- Instagram: 2X eCommerce Instagram → https://www.instagram.com/2xecommerce/
- Twitter: 2X eCommerce Twitter → https://twitter.com/2XeCommerce
- YouTube: 2X eCommerce YouTube → https://www.youtube.com/@2XeCommerce/
Get a Copy of Kunle’s Book
Elevate your e-commerce game with Kunle Campbell's book, "E-Commerce Growth Strategy: A Brand-Driven Approach to Attract Shoppers, Build Community and Retain Customers." Discover practical strategies and insights to boost your e-commerce growth.
- Buy on Amazon → https://amzn.to/3ybY6WS
- Buy on Walmart → https://bit.ly/3swOuDe
- Buy on Kogan Page → https://bit.ly/44DylLn
- Buy on Barnes & Noble → https://bit.ly/3Pgd4B4
- Buy on WHSmith → https://bit.ly/4bfr9r3
Sponsors:
This episode is proudly brought to you by:
1️⃣ REVIEWS.io
↳ Drive Sales & Reduce Marketing Spending with REVIEWS.io
REVIEWS.io offers an affordable, all-in-one platform for collecting and displaying customer reviews. It’s easy for you to set up and simple for your customers to leave reviews, helping you boost both trust and conversions from anyone discovering your brand on Google.
With REVIEWS.io, you can increase your Google conversions by up to 26%, improve click-through rates, and lower your ad costs—all with a platform built for busy eCommerce operators like you.
To find out more, head over to Reviews.io
Get 10% off your first year—use the could ‘2x’ when you sign up or click here.
New customers only. Terms and conditions apply.
2️⃣ Address Validator
↳ Reduce Failed Deliveries & Boost Customer Satisfaction with Address Validator
Address Validator is the go-to tool for ensuring accurate deliveries every time. By validating customer addresses in real time, you can avoid costly failed deliveries, reduce shipping expenses, and provide a seamless checkout experience for your customers.
With Address Validator, you can:
- Prevent delivery errors and save on reshipping costs.
- Enhance customer trust with faster, hassle-free deliveries.
- Automate address validation, freeing up time for your team to focus on growth.
To learn more, visit AddressValidator.com.
Try Address Validator Today. Your first 100 orders are free, with no credit card required—start optimizing your deliveries now.
532 ตอน
Manage episode 453351846 series 2907632
In this episode of the 2X eCommerce Podcast, Kunle Campbell interviews Ron Shah, co-founder of Obvi, a successful collagen brand that has profitably grown to a $40 million business in just five years. Ron shares the strategic shifts from direct-to-consumer (DTC) to retail, insights on user-generated content (UGC) and community building, and the importance of lean operations. He discusses the learnings from their presence in major retailers like Walmart and emphasizes the role of micro-influencers and loyal customers in their marketing strategy. The episode offers valuable lessons on navigating the challenges of the evolving eCommerce landscape and building a profitable brand with minimal resources.
- (00:00) - $40M in 5 Years: The Profit-First Obvi Playbook for DTC and Retail Domination → Ronak Shah
- (02:50) - Ron Shah's Journey in the Supplement Industry
- (04:46) - Formation of Obvi and Leadership Team
- (07:02) - Scaling Obvi: From Startup to $40 Million
- (08:34) - Profitability and Lean Operations
- (09:10) - Leveraging Agencies and Performance Models
- (13:21) - Building a Strong Community and Ambassador Program
- (17:07) - Retail Expansion and Lessons Learned
- (22:37) - Customer Insights at Walmart
- (23:41) - Social Media Strategy for Walmart Listings
- (27:33) - Impact of Brand Collaborations
- (29:03) - The Rise of TikTok Shop
- (32:20) - UGC and CGC Strategies
- (36:21) - Content Creation and Ad Strategy
- (43:34) - Rapid Fire Questions
- (45:32) - Conclusion and Final Thoughts
Resources mentioned:
- Insense: A platform used for sourcing creators and generating user-generated content (UGC).
- TikTok Shop: A growing social commerce platform that integrates shopping directly into the TikTok experience.
- Shopify and Shop App: Obvi uses Shopify for DTC sales and sees potential in the Shop App for social commerce innovation.
- SPINS and Nielsen Data: Tools for retail sales analytics, used to gather insights about performance in stores like Walmart.
Books Mentioned
- Winning Is Everything by Tim Grover: A recommended read by Ron Shah.
Community Management
- Obvi’s Facebook Group: A 105,000-member community of loyal customers actively engaging around collagen and wellness topics.
Connect with 2X eCommerce:
- Website: 2X eCommerce Website → https://2xecommerce.com/podcast/
- Instagram: 2X eCommerce Instagram → https://www.instagram.com/2xecommerce/
- Twitter: 2X eCommerce Twitter → https://twitter.com/2XeCommerce
- YouTube: 2X eCommerce YouTube → https://www.youtube.com/@2XeCommerce/
Get a Copy of Kunle’s Book
Elevate your e-commerce game with Kunle Campbell's book, "E-Commerce Growth Strategy: A Brand-Driven Approach to Attract Shoppers, Build Community and Retain Customers." Discover practical strategies and insights to boost your e-commerce growth.
- Buy on Amazon → https://amzn.to/3ybY6WS
- Buy on Walmart → https://bit.ly/3swOuDe
- Buy on Kogan Page → https://bit.ly/44DylLn
- Buy on Barnes & Noble → https://bit.ly/3Pgd4B4
- Buy on WHSmith → https://bit.ly/4bfr9r3
Sponsors:
This episode is proudly brought to you by:
1️⃣ REVIEWS.io
↳ Drive Sales & Reduce Marketing Spending with REVIEWS.io
REVIEWS.io offers an affordable, all-in-one platform for collecting and displaying customer reviews. It’s easy for you to set up and simple for your customers to leave reviews, helping you boost both trust and conversions from anyone discovering your brand on Google.
With REVIEWS.io, you can increase your Google conversions by up to 26%, improve click-through rates, and lower your ad costs—all with a platform built for busy eCommerce operators like you.
To find out more, head over to Reviews.io
Get 10% off your first year—use the could ‘2x’ when you sign up or click here.
New customers only. Terms and conditions apply.
2️⃣ Address Validator
↳ Reduce Failed Deliveries & Boost Customer Satisfaction with Address Validator
Address Validator is the go-to tool for ensuring accurate deliveries every time. By validating customer addresses in real time, you can avoid costly failed deliveries, reduce shipping expenses, and provide a seamless checkout experience for your customers.
With Address Validator, you can:
- Prevent delivery errors and save on reshipping costs.
- Enhance customer trust with faster, hassle-free deliveries.
- Automate address validation, freeing up time for your team to focus on growth.
To learn more, visit AddressValidator.com.
Try Address Validator Today. Your first 100 orders are free, with no credit card required—start optimizing your deliveries now.
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