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Jan. 23, 2024

002: Maximizing E-Commerce Success: Mastering Customer Lists and Engagement

Unlock the full potential of your e-commerce endeavors with our latest podcast episode, where we reveal the secrets behind managing a thriving 30,000-customer list. We delve into why this asset is your brand's backbone, ensuring successful product launches and solid market standing. It's not just about collecting names; it's about nurturing relationships that convert one-time buyers into loyal brand advocates. Get ready to learn how to utilize feedback for product refinement and why engaging your customer base is the key to more impactful product debuts.

Our conversation with co-hosts John Stojan, Mike Kaufman, and Matt Atkins takes a deep dive into the strategies that skyrocket customer opt-ins and build that all-important list. We'll share with you the magic behind a staggering 25% customer registration rate and the power of post-purchase marketing. Learn how postcard marketing, warranty registrations, and the art of offer presentation can make every customer interaction an opportunity to reinforce their bond with your brand. It's not just about reaching the numbers; it's about crafting an experience that makes every customer feel valued.

But we don't stop there – we go beyond the typical discount offers. Discover how to craft after-purchase incentives that forge a lasting connection with your audience and turn casual buyers into zealous brand advocates. Whether it's a well-tailored warranty or an irresistible giveaway, we'll show you how to make your offerings resonate with your brand's unique profile and your customer's desires. Join us in redefining customer engagement and building a robust, responsive buyer list that stands as a testament to your brand's success.

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Chapters

00:00 - Customer Lists for Successful Product Launches

13:01 - Build Customer List, Increase Engagement"

21:34 - Buyer Lists in Email Marketing Value

26:06 - Offering More Than Just a Discount

29:18 - Effective Strategies for After Purchase Offers

Transcript

Speaker 1:

All right, welcome to episode two of Brand Fortress HQ, our podcast. Today is our first Amazon Tip Tuesday where we're going to go over the first tip that I think all three of us are excited to share. My name is John Stogin, I'm one of the co-hosts, along with Mike Kaufman and Matt Atkins, and today what we're really going to dive into is something that we think is fundamental to brands whether you're selling on Amazon or you're on some other e-commerce platform and how you create this brand fortress over the long run, and that is building a list. So I think where I want to start it off with is Mike. I know that you've done quite a bit of work with this over the last couple of years, with your brand Talk about. You know just some of the benefits that you've been able to leverage from having a list of customers for your brand.

Speaker 2:

Sure, no, I'd be happy to. I think you know one of the main ones I mean that probably is going to resonate most, I think, with Amazon sellers and we kind of referenced this in our intro episode is you know product launches can be really tough and very expensive to do and risky. You know, I mean a lot of times a product launch seems very risky to many sellers. You know you don't know how well it's going to go. You know you don't know how many people are going to buy, you don't know how much it's going to cost you to get the number of sales that you need and are you going to hold your rankings, and all of that becomes that much more risky and that much more disconcerting, let's say, when you know that the launch is not making you money. Right, like most launches, you lose money on the launch with the hope that you're going to gain ranking and that down the road is going to pay off with, you know, with good sales and good profits. But you don't know that going into it, you know like you expect it, you're hoping for it, you're planning for it. You don't know that it's going to work, and so the problem is you could lose your shirt on the launch and not maintain your rankings, and then you just lost that money. So the nice thing about having the list on the front end is that a product launch becomes very organic and profitable and it's almost assured that you're going to maintain ranking and continue with good sales. But the nice thing is, even if that wasn't the case, your launch was profitable, you didn't lose money on it. So you know, you're, you're. It's the best of both worlds, and so the way that we launch a product, we have we have a list of about 30,000 customers and it's a very engaged list. We have about a 50% open rate for virtually every email that we send out, and so one of the things that we do is when we're investigating or looking toward possibly releasing a new product, either a if we already know what the product is, then we would communicate with our list basically to find out how much interest there is in that product among our list. If we don't already have an idea of a product, or maybe we have an idea of multiple products, we might connect with our list to find out which of those products they would be most interested in, or if we don't have any idea at all. We would ask them, you know what would be the next product you would like to see us sell, and we'll survey them that way. But ultimately the end of that process always results the same we finalize it with a single product that we decide we're going to try and move forward with. That we already know a good portion of our audience is interested in, so we have that nailed down. So then the next steps in that process would be to go back to them and say, okay, we've now determined this is the product we're going to move forward with. These are some of the features that we think we might move forward with, things that we think you might like. You know what do you think about that? What are some other features that you might like to see? What are the things about the products that are on the market right now that you hate? You know what's? What price point would you be willing to pay? You know, if we had a lifetime warranty as we do, you know, we ask all sorts of questions from our customers, will run them through a pretty long survey about the product to get as much information as we can about them, and the interesting thing is is that we generally get pretty good responses to that, not only in sheer number, but also just in the information that that is provided, oftentimes a lot of stuff that we don't wouldn't know otherwise, and so then we move forward with that, you know. So the next step would be okay, you know, we communicate back to the list. This is what we found out from surveying the list. These are the features that people most wanted. These are the things that they don't care about. These are the things about other products that they hate, that we're going to try to fix. You know, these are some of the things that we thought of that maybe we're going to do as an extension of what you guys asked us to do. And so then we go to the drawing board, we start doing some design work. We're talking to manufacturers. We're saying these are the features we want, yada, yada. You know we keep our customers engaged in that process by letting them know okay, we're in the process of design work, we're in the process of building molds. You know, whatever it is, you know our prototypes. Okay, once we're ready with the prototype, then we will offer up for our list to beta test. You know who wants to beta test? It will choose 10 beta testers will send them all prototypes. We give back their comments, you know, and we talk to them. We have a conversation with them and find out what are the things they didn't like. What did they like? We'll get back to the list. We'll say this is what the beta testers thought. These are the changes that we're going to make. As a result of what the beta testers thought, we come out with a new prototype. We go through the same process all over again. The point is we go all the way, from the beginning, all the way to the point of a launch, and by the time it comes time to launch, when we actually have the product in hand. We've been communicating with our list for months about this product and they have been engaged and involved in that process since the very beginning. So when it comes time that the product launches one, they know it's what they want because we already put all the features into it that they asked for. They feel like they have a vested interest in it because, essentially, they designed it Right. They've been a part of that process since the beginning. They like us even more because, instead of just releasing a product and saying here's what we're offering you. We actually involve them in the process to find out what it was they actually wanted. So they feel like we care about their opinion. So when it comes time for a launch, we might give a 15% off coupon to our customers and they go like crazy. We know how many sales we need to run through. We know what our average open rates are. So we know exactly how many emails or roughly how many emails we need to send out, how many we need to drip. So we'll drip those emails over 10 days. We drip out the coupons. We use scarcity in that process. So, hey, 75 coupons are going to drop at midnight. The first 75 people in the door get the coupon. Once the coupons are gone, the people who request to get a message and say, hey, try again tomorrow, maybe they'll drop again tomorrow after midnight, and other 75 codes, we send out an email the next time around. We say, look, we got a bunch of people who didn't get them the first time, so make sure you get in early because they might pick up some. So we're building all of that in to that list and to that product launch. You know our last launch for a full brush. It was amazing how many units we sold and we only sent out. We've got a list of 30,000 customers and we only sent three, three or 4,000 emails for our launch. That's all we needed for the sales that we needed for our launch and we were ranking for six or seven of our primary key phrases in the top five or six results for every single one of those key phrases and we held that. So it's just a very organic process. The benefits it's crazy. And then we go to our list and we'll ask them. We'll say, hey, we're getting targeted with negative reviews. We need some reviews and we'll get a whole bunch of people who will drop in and leave us five-star reviews. We need reviews on Google or we need reviews on Facebook. They'll go give us reviews. We can ask for UGC, we can. It's like the value is endless. And that doesn't even account for the fact and we've talked about this that we have the list. Like we can go anywhere we want. Amazon could terminate us tomorrow and we can start selling directly on our website and every single order. Those customers would be interested in whatever product we launched, because they trust our business. They wouldn't care that we're not selling it on Amazon anymore, they would just come by it from a someplace else, and you can't, you really can't put a price tag on that, because how safe is your family, how safe is your income, if Amazon could turn you off tomorrow and you have no way to communicate with your customers? You just simply can't let that go.

Speaker 1:

Right. So I think the main takeaways for folks is, as far as the Amazon tip there is, is that, first of all, starting from the very beginning and using that list for product research is huge. Secondly, it gives you a dramatic advantage when it comes to just launching the products and getting that kind of that target sales velocity that you need in order to rank for those important keywords. And then three, helping to jumpstart that review process, so that way you're getting reviews as well.

Speaker 2:

And you're most more willing to leave those reviews. You know like it's just a general Amazon customer.

Speaker 1:

They only have either review.

Speaker 2:

Our customers are gonna. Every single one's gonna leave it.

Speaker 1:

They already have a relationship with your brands. They've, you know, the no like trusts has already been accomplished. I'd also add to that you know the other areas where, beyond launch, that you can use this list for. You know one is you talked a little bit about. Hey, we all have situations, unfortunately, where it happens where you know maybe you ran out of stock and so your keyword rank or your BSR drops. Well, this is a perfect way in order to fix that without having to, you know, give away the farm in the process, where you know you can create any excuse in the world that you want and you maybe don't even need an excuse in order to throw a 10% discount at your audience. And you know the way Amazon treats that external traffic. You don't need a ton of that to convert in order for it to, you know, really boost your ranking. So you know you can use it in order to kind of fix some of those issues of auto stock. Or you know your listing got orphaned, or you know all those kind of weird things that happen with your ranking. And then the other thing is that you know what I hear from a lot of brands is that they'll have a product where you know, just quite frankly, as much as they'd love it to be, you know, a hero product, is just not, and now they're way over stocked on that product. And this is an amazing way in order to clean out inventory again at a level that where you don't have to, you know, break even or lose money on those sales that you can give back to your audience as well and use that audience in order to run through or clear out some of that inventory that may be really, you know, hard to clear out otherwise without losing money on it.

Speaker 2:

So those are just-. So there's also a lot of products that, quite frankly, you know they may not be good Amazon products, but that doesn't mean they're not good products. Like I mean, it may be a category on Amazon that you just don't really want to try to attack, you know, but that doesn't mean you can't sell it as a backend product. You know, and if you've got the list, you can sell it as a backend product. You can make a lot of money selling a backend product to your list and never sell it on Amazon at all.

Speaker 3:

You know, if you don't want, to Well, one of those products that wouldn't work on Amazon, or there's lower cost products under 20 bucks you know that's, and so, like those can be, you can be a loss leader. You can use those as a loss leader, or you can use them on your website, where you have much better margins. You don't have to pay that Amazon fee. So there's a lot of places that you can sell those products that wouldn't work on Amazon, especially if you have that audience. One of the things, mike, you touched on was something that we our listings are littered with user generated content and it's from our audience. I've never asked for it, never one time but they naturally will post about it in the group. They'll naturally send it to us via email. They'll naturally lead reviews that have videos in them. That's another really big benefit of having that audience is that they do things like that that help you with your branding, that you don't even have to ask them to do.

Speaker 1:

Yeah. So I think people that are listening to this at this point probably you know, if you're listening and you're like, hey, I get the all the different ways that a list is valuable, that's fantastic. I primarily sell on Amazon. How do I start that ball rolling of building that list? You know, the first thing I'm gonna do is gonna put a shameless plug for our after purchase program, because we do a good job of stepping you through. That, you know, with each individual step, and it's a free program that we offer on our website, brandfortresshqcom. In addition to that, you know, what I would say is for folks that there's a number of different ways to do this, to make sure that you're also doing it in a Amazon terms of service compliant way, you know, with inserts and other ways, and you know what I've seen in my personal experience with this is that, first of all, something is better than nothing. So, even if it's, as you know, registered for this warranty or here's, you know, 10, 20% off your next purchase or whatever it happens to be, you will see. You know, generally what I see out of that is anywhere from a one to 5% opt-in rate. With that, again, it kind of depends on, you know, if you've got a $1,000 product, then there's obviously gonna be a lot more people that register for opt-in for the warranty than if you've got a $20 product, and then you can go all the way to, you know, offering some sort of free product. I know in some of our, you know, strategy calls we've talked about, you know, looking at partnerships, you know, product partnerships. For that there's a lot of different ways that you can build that list and I think the most important is, if you're not, if you have nothing in place right now, to build a list is to at least have something. Even if only you know 2% of your sales or customers that are buying something from you or opting into that, that's significantly better than 0%. So start somewhere. But if you've already kind of started that process, I think, then I'd love for you to share just a quick version of a few of the things that you guys do, because I know for your brand, I think you're well north of 10% on your opt-ins for new customers that are coming to your brand after they've bought a product.

Speaker 2:

Yeah, I think, and I'll be happy to answer that. But before I get to it, just getting to the numbers, I think it would be valuable for people to hear what's possible versus what's kind of that low end okay, better than nothing. And so and I think it is reasonable to say that you know, if you just throw something up, you're going to get some people to respond and maybe it is going to be somewhere in that one to three and 85% response rate, depending on how effectively you do it. But I will say that the way that we're operating, the mechanisms that we've got in place, 25% of our Amazon sales result in a registration. 80% of registrations result in an email subscription 98% of those registrations. So we've gotten 25% of our orders give us a registration. 80% of them give us an email, but 98% of them give us a physical address and we don't require it, like that's, it's part of the warranty registration process and, honestly, it just seems, it clearly seems like a natural progression to them. All we say is you know, hey, you know, give us your physical address so we'll know where to send your replacements when you file a claim. 98% of them give us their physical address. Now you can decide whether to do something with that or not. But technically you could use that for postcard marketing. We haven't yet. I want to try it, we haven't done it, but that's a massive list of very targeted individuals that we can, you know that we can market to, so but again, 80% of those are giving us an email and subscribing to their, to their, to our list, and we get about a 50% open rate on just about everything we send out. So you know, those are pretty good numbers. You know, I mean we. You know the category that we sell in. We sold 50,000 units last year. So at a 25% response rate, you know, you're looking at 13,000 new registrations in a year. But I think what's more interesting to me is, you know, we're just starting the process of really doing a much better job of iterating on our messaging, both on our inserts and on our you know, registration page and things of that nature. So that 25%, I think we're going to be able to get that to 40%. A lot of that it's going to have to do with our offer, how we phrase it. You know all that sort of thing, but I think we're going to get there and that's a big difference and that's a lot of numbers. So the process basically looks like this we put an insert, you know. In fact, what we use are hang tags, so it's a little plastic loop, you know, with a little hang tag on it. You know, my suggestion would be, whatever insert or hang tag or whatever it is, that you do make sure it's something that your customer has to interact with in some way in order to use your product. Don't let it be something they can just kind of set aside and not worry about, like they have to interact with it. So the nice thing about our hang tags is they have to cut them off in order to actually use the product, so they have to interact with it. But then make sure that the messaging is right. So one of the things that we've started doing is, because we use a hang tag, it can be double sided, so we have different messaging on each side of the hang tag and we have a different QR code on each side of the hang tag. That way we can test how many scans do we get on each of those QR codes, so we know which messaging is working better. And the next time we do a shipment, we're going to iterate on that messaging. We're going to keep the one that's working well, change the other side and continue to split, test that until we get as good as we feel like we can get. The offer that we're giving one is a warranty registration. Of course, we have an unlimited replacement lifetime warranty, so obviously that's a more valuable warranty than a one year warranty, but it's still a warranty and a lot of people don't trust the warranty, especially a first time buyer. So it's still only gonna get so many registrations. So what we decided to do quite a long time ago is we started doing a giveaway. So we do a monthly giveaway. It's $1,000. We don't give money. We give $1,000 worth of pool accessories, whatever they are, it doesn't matter, it can be anything that customer wants. They basically just give us a wish list and that's what they get. It's an Amazon wish list. We buy it on Amazon. It's all pool related stuff. Now you could offer $1,000 worth of something, but have it be something that you can buy wholesale, right, and so it's worth $1,000 to your customer, who maybe only cost you $300 or $200. So a $1,000 giveaway doesn't have to cost you $1,000 alone. Ours does, but it doesn't have to. We do it's a monthly giveaway. Everybody who maintains the subscription to our email list, they're entered in that drawing every month. We're actually going to implement a new program where every month that they remain subscribed, they get an extra 100 entries in the drawing. So just an extra encouragement to make sure that you stay subscribed and stay engaged. We might even give them extra points for interacting with emails that we send out periodically. Maybe implement some sort of tool. You can give them extra points in the drawing for giving UGC content, extra points in the drawing for following you on Facebook, for sharing content on some social media platform. There's all sorts of ways that you can give them extra points in the drawing. What's nice about that is, if your drawing is valuable enough, the points become just as valuable because they give them extra chances to win. So you can give away points that don't cost you anything. You still have the same $1,000 a month giveaway or whatever it is that you decide to give away. It doesn't change that. But you can give away as many points as you want and every time you give away points it's valuable. So it's a really good way to have an opportunity to, in a sense, monetize and get better response rates out of just about anything you asked your customers for. So that's mainly the process. And then we've got an auto responder that goes out. So emails go out once a week for I don't know. It's like 20 weeks of auto responders, basically just pool cleaning related information. We try not to make it obvious stuff that they probably already know. We try to make it actually useful content that would be things they might not already know about cleaning their pools. Every third or fourth message has some kind of a soft sell in it. So we're always selling to the list, trying to cross sell products and that sort of thing. You could partner with other companies and there's all sorts of ways that you can utilize that. But that's our process essentially and we get pretty good numbers out of it.

Speaker 1:

Yeah, a couple of things I just want to double click on there. That I think is really important for anybody who's listening to this is that, first of all, how valuable that buyer list is. So I think I've had this experience where I've built an email list and the quality wasn't really great because they opted in for some freebie or whatever it happened to be, and maybe only 5% of those people open the email, whereas with a buyer list, what I've seen multiple, multiple times is exactly what you're talking about, which is those are people that have already spent money in order to buy your product, and so the chances that they're going to open your email and engage with your brand are 10 times higher than somebody that just registers for a coupon code off your website. So the value of that list is significantly higher than the emails that you might get from other places. So I think it's important for people who are listening to keep that in mind. Why this kind of buyer list, with that after purchase funnel, is so important. The other is that I heard from what you were saying that I think is really important for people to take away is, once you've collected that email address, that's really. You're only about halfway done. You have to think about how you continue to engage with that person in a way that continues to add value to them. So you talked about the pool tips. I think that's a great example of value-added content. I know people. I've really slimmed down the number of email subscriptions that I have because I get a ton of email, but there are certain newsletters and certain brands out there that I have purposely flagged because I know that the content from them is going to be really, really good, and so you want to make sure that you're providing that value, and it could be high-quality content, it could be entertaining, it could be a combination of things to where people are continuing to open those email addresses because you don't want it to be, but there's an abundance of mediocre content out there, especially with the introduction of AI and all these other types of things. So things that are just mediocre in the long run are not going to help you get to your goal of fortifying your brand and building a strong brand in the long run. And then the other thing, too, is that if you're running promotions to this list on a regular basis which can be a really good idea and very lucrative you do need to make sure that you're providing value in the meantime. So not every email that they open from you is, you know, says buy my stuff, buy my stuff, buy my stuff, because we all know, you know, I think you know I've definitely been on some of those lists before where it's a good brand, but every email that I open from them I know is in order to sell something and I'm just not ready to buy every single time that I get an email from them. So making sure that you're kind of following that rule of you know four emails or four to five emails that add value before you send something that's, you know, purchased my product and I liked. You know how you talked about your soft sell. So you can have the bulk of that email be value add and then you know, maybe at the bottom or a small piece of it is hey, by the way, you know, if you're trying to solve this problem, here's a product that we have that does a great job for that, or we're doing 10% off on, you know, this other product for the month, or whatever it happens to be. A lot of ways you can do those soft sell. So selling via email is fantastic, but you do need to provide a lot of value in the meantime in order to maintain that list and keep them as an evergreen asset for your brand.

Speaker 2:

Yeah, I want to hear what Matt has to say about it. But I wanted to say one last thing that I don't want to miss, because it's actually a lot of Amazon sellers that I talk to. I find this is what happens and this is what turns them away from trying to build a list. I can't tell you the number of sellers that I've talked to who said we tried this, we had an insert, we offered a really, you know, a good discount on a future purchase and we just didn't get anybody who actually responded to it or scanned the code. And I think it's a mistake to. It's not necessarily a mistake to offer a discount on a future purchase. It's a mistake if that's all you're offering, even if the discount is a really good discount, because most of the people Are buying your product for the first time their new time, new, new buyers. They don't eat. They just opened your product. They haven't tested it yet Like they were. They were convinced enough to buy it. But that just means they're willing to test it right, because on Amazon they can return it. They know they can return them, so they were willing to test it. That doesn't mean that they're Sold on your brand. It doesn't mean they, you know, really love you. They just wanted to try it. So if you offer them a 30% discount on a product that they don't even know if they like, they're gonna set that aside. At best they're gonna set it aside, at worst they're gonna throw it away, but they're not gonna respond to it, like there's no reason for them to ask for that discount if they don't know they like your product already. So don't, please, for the love of God, don't, use a product discount on a future order on your insert. That is not going to get you a decent response rate and if it turns you off from building a list because you tried that, try again because you screwed it up. Don't offer a discount, or at least don't only offer a discount. Offer something more.

Speaker 3:

But discount is much better for like on the back end, like they're already on your list Absolutely, they've already been in a giveaway or two. They bought a couple of products, definitely not for. What I love about what you do, mike, is that it's. We're all. We're selfish creatures and we are by nature so it's always. The question I always asked myself is what's in it for me as a consumer? So what's in it for me and for you, mike? They a lot of what they saw on your listing was hey, we offer a warranty. And for people, yes, they might be jaded, they might have been burned by one of those in the past, but at least it's in the back of their mind. So if it was any part of their purchasing decision for that warranty, when they see that thing that they have to interact with that has the QR code on it, they're a lot more likely to click on that. And it's not. You're not offering them a discount on anything. This is how they register for that warranty that they were interested in. And, again, that was part of their part of their purchasing decision. Whether or not they believe it to be true. They, they saw it on your listing and now it's in the back of their mind. So your opt-in rate is a lot bigger than a lot of other people and you know you'll hear people say that this, that warranties have been around and people are. It's played out, but like your proof in the pudding that they still work, they're still valuable and people will click on it and once you actually do what you say that you were going to do and you come through on a Warranty, like that's that customer they were probably already a customer for life. Anyways, because you're putting out good products, but even more so now. Like any product that you launch, any email that you send, they're gonna open, they're gonna be tell their friends about it, they're gonna be more willing to add more people, to invite more people to your contest, which you give points for as well. Like that, just pull it, just gets that flywheel spinning a whole lot faster. And I love that you offer something that it's a win for them. Like I know, what's in it for me is that I can replace this for free forever. So that's what's in it for me and that's. I'm gonna get to scan this and I'm gonna give you all my contact info because I want Access to that warranty. So that's.

Speaker 1:

I think the big takeaway here is, you know, not warranty versus discount, versus giveaway or even a combination of those. Really, what it boils down to is is that you need to find the right offer for your brand for that after purchase funnel and it's gonna look different. I mean, yeah, just in the discussion of you know, knowing the brands that you know we own and work with, is, you know, warranty is a fantastic for a product that's, you know, more expensive. So, because it means a lot more, because you know it's, if I'm buying this one dollar product, I'm more likely to register that warranty because if something goes wrong, you better believe I want that company to back it up, because I don't want to pay another you know thousand dollars to replace it, whereas it's $20 product. I mean, like you said, especially with Amazon With a 30-day return policy that's super easy to implement, I'm probably not gonna register for that warranty because it's it's too much of a barrier. But you know people love winning free stuff, you know, and really the big problem there is this, you know in my Experience working with some other brands and is is that Giveaways are incredibly powerful and almost too powerful in the sense of you get a lot of people that are just tire kickers. Well, if you've already, you know, have somebody who's bought your product, you know that they are, they're already a customer like they've, they've done a ton of pre-qualification and so it can be worth having that, that giveaway piece, because if you are like, hey, I was interested in this product to purchase it and I'm a customer, winning more of, you know, whatever's kind of involved in that product or that brand or even in that category, is incredibly powerful yeah for sure you know you got to qualify whether you know I mean warranties are awesome, you know.

Speaker 2:

You know obviously we've used it successfully, but you do have to qualify whether your product makes sense for doing a warranty. Then I would take it the next step to say if it makes sense to offer a warranty. If you think that's something that would actually be valuable for your product. Then the question becomes offer the strongest warranty that you can possibly offer that you think will be profitable. And I would say, listen on a future podcast, because I think this is actually a good topic to have is on the warranty topic, in terms of how you evaluate, is it a good product for a warranty? How strong of a warranty can I actually offer? Because I would argue, likelihood is you can offer a much stronger warranty than you think you can in a lot of industries and a lot of niches. There's a lot of products. You can offer a much stronger warranty than you think profitably, but offer the strongest one that you can. And then again, make sure that you're using that as part of the process Because, again, remember, the one strong thing about a warranty is the natural part of the process is when they register. We have clearly demonstrated that it seems completely intuitive to our customers to give us a physical address in response to a warranty registration. I wasn't entirely sure I didn't know how many people would, because for a long time we didn't actually ask for that. When we started asking for that, I was blown away by the fact that nearly 100% of them actually give us their physical address and we don't even require it. We put it on there like the spaces are there for them to enter it, but we don't require it. So, if nothing else that you take away from this, if you can offer a physical warranty, it is a guaranteed way to collect physical addresses. If you think you might use them, this is a perfect way to do it.

Speaker 1:

Yeah, yeah, and I think again, there's a lot of different ways. A warranty is fantastic, you know, and I think in the after purchase funnel course we give at least four or five different examples of how to, of different ways that you can put an offer out there for buyers to opt in. A warranty is a very powerful one. We have a couple more examples out there that people can use and really what it boils down to is you need to figure out what buyer offer is best for that product and maybe your brand overall, and so you know, with that we need to wrap on this episode, but I did want to take a couple of minutes of any final thoughts from you, matt and Mike, before we wrap up.

Speaker 3:

Uh no, I mean, this is like I don't want to say that building a million dollar brand is easy, because it's not, but, like, mike laid out what it takes and you know, like when you, when you have an audience, and there's so many different ways that that's powerful. But Mike just laid out exactly how he did it. He gave you exactly word for word, from start to finish, how he built out the system that just constantly generates more email addresses, and the value of that can't be understated. So, yeah, lots of value in this episode.

Speaker 1:

Mike, anything to add I don't think I have anything more to add?

Speaker 2:

I've been talking a lot.

Speaker 1:

All right. Well, I think this is an awesome Amazon tip Tuesday. You know, our episode number two, our first tip Tuesday. I think people are going to get a ton of value out of this. If you want more on the after purchase funnel, like I said, we've got a free course or a blueprint course at brandfortresshqcom where we really go through this step by step, based on our experiences, to get you started on that process building a buyer list and really, at the end of the day, building probably the biggest asset for your brand over the long term, which is having that list of customers via email, physical addresses and even, you know, we do touch a little bit on phone numbers and text message as well. So, thank you everybody for listening guys. Fantastic that we're able to, you know, knock out our first Amazon tip Tuesday and I look forward to our next episode.

Speaker 2:

Super. Thanks a lot guys.

Speaker 1:

Thank you.