By using their Shop Local Store, Caroline & Company saved $11,585 and 17 weeks in labor on website product maintenance. The store will expand its online collection of gifts and home decor through ...Read more of post
Our 8 Year Journey from Bundled Pricing to A La Carte Pricing Back to BundlesWe follow pricing for bundles and tiers of services. Over the last decade, we've tried various pricing approaches, as well as ways to visually convey these service offerings. In this post, I share the pricing for our services for retailers since 2017. In some case, we took a step forward and a step back--it wasn't linear progress. We've drawn inspiration from many sources, including our competitors and Tinder.
TikTok Tick-Tock ⏳: Time Is Running Out on Traditional RetailKiara Springs, a 25-year old, is part of a new retail trend, shares The New York Times. She sells about $10k/month online but doesn’t own a brick-and-mortar retail store, pay a landlord rent, go to the wholesale markets, or have a POS system. Her “sidewalk” to get traffic is TikTok, and her “POS” is Amazon. Her “stockroom” is the brand’s warehouse. She has an Amazon affiliate account and goods are drop ...Read more of post
Health is Wealth: Healthy Websites 🍎When you pick up a package of Oreos or yogurt at the grocery store, you can see the nutrition (or lack of it!) on the nutrition label on the back. Health advocates are encouraging the FDA to make warnings more obvious on packages—such as by placing information on the front of the package, shares The Wall St. Journal. Advocates have looked abroad for inspiration. In Mexico, you’ll find labels with a black octagon, resembling a stop sign, on the front of ...Read more of post
Olive Branch Gardens saved $2,740 and 4 weeks in labor on website product maintenance through the Shop Local platform. They have chosen Shop Local to expand their online store assortment and offer a ...Read more of post
Video: Add A Link on Your Shopify StoreIf your Shopify website does not have a link leading to your Shop Local account, your business is losing online sales.
Without a link, your business is losing out on:
1. More sales.
2. More registrants.
3. Higher Google rankings.
There is a free, easy solution: Add a link from your Shopify site to your Shop Local site.
Registry & Checkout Review: Gift ReggieAt Shop Local, it's our job to help find ways to grow your online business. Part of that job is researching different registry software to see if it could be a good fit for your store.
If you have a Shopify website and offer a gift registry service, you may have heard of Gift Reggie. Gift Reggie is a third-party Shopify app that seemingly integrates with your current website, making it easier to manage your registry offering and boost your online sales.
Software Review: Gift Reggie Our registry service handles 80,000 gift and wedding registries. We often come across other registry software and can see how it's affecting the merchant that is using it.
While eating breakfast and browsing the web via my phone, I recently came across RFD, a merchant in Albany, NY, that uses Gift Reggie (an app that is added to a Shopify Store).
I observed 21 problems while reviewing the merchant's registry service. I initially wrote the issues ...Read more of post
Alternatives to MyRegistry.comAs a store owner, you know how important it is to choose a registry service that works well for you, your employees, your registrants, and gift-givers (family and friends). In addition to working well, the registry service should offer your store good value (price vs. results).
When looking for registry software, some retailers consider MyRegistry.com for their registry service. MyRegistry.com offers gift registry creation and management features that integrate ...Read more of post
Alternatives to Gift ReggieAs a store owner, you know how important it is to choose a registry service that works well for you, your employees, your registrants, and gift-givers (family and friends). In addition to working well, the registry service should offer your store good value (price vs. results).
When looking for registry software, some retailers consider Gift Reggie for their registry service. Gift Reggie offers gift registry creation and management features that integrate with a ...Read more of post
Shop Local Retailers Rank on Page 1 of Google in 60% of StatesNEW YORK, NY, Feb. 15, 2024 – Shop Local, an e-commerce platform, reported that it's helping indie stores rank on page one of Google in 60% of states for wedding gift purchases. The findings are based on a recent study that Shop Local conducted regarding wedding registry purchasing.
Study Findings:
For 30 state searches, Shop Local Stores appeared on page one of Google. This represents 63% of all states. When just calculating the states in which
The Square Gift Co. Gift Shop Saves $955 and 1 Week in Labor Using Shop LocalWe are pleased to announce The Square Gift Co. has joined the Shop Local community of retailers. The Square Gift Co. is a retail store in Fulton, Mississippi. The store owners, Jessica Howell and Keely McMillen recently placed an order with Casafina. When their shipment arrived, it contained a flyer promoting Shop Local. The flyer helped them more easily market and sell what was in the box online. The Square Gift Co. currently has a Shopify online store but was ...Read more of post
Are You a Brand? Shopify Isn’t For YouBrands may consider using Shopify for their online operations. It’s important to note that brands can’t do many things with Shopify. A key Shopify problem for a brand is that the brand has to have separate “stores” for retail and wholesale customers. The reason is that Shopify doesn’t know what to charge the customer because it doesn’t know if it’s a general public shopper (that pays retail) or a retailer (that pays ...Read more of post
Simplicity ⚪️When Apple launched its new iPhones this month, one of its most noteworthy updates was replacing its Lightning charging cable with a USB-C. This was not a voluntary move or extension of Steve Jobs’s love of simplicity. Apple changed it because the European Union required them to, according to Ben Cohen in The Wall St. Journal. Now, just about every mobile phone in the world (forget just little ol’ Europe) will have one charging solution (USB-C).
Shop Local Merchants Rank 700% Higher than MyRegistry.com and Shopify Merchants We recently conducted a study to review Google search results for wedding registry purchasing. In the results for 32 states in which we have clients, Shop Local stores ranked on page 1 of Google ahead of national chains and other registry services, which often have larger customer bases and bigger website budgets.
When conducting the search for "wedding registry [state name]", many Shop Local stores beat MyRegistry.com and Shopify apps, like Gift Reggie.
Zero Sum Networks ⚔️Andrew Chen shares in 'The Cold Start Problem' that many times, networks are competing in a zero-sum game. One network gets a customer to join their network and thereby not participate in another. For example, when a driver used Lyft instead of Uber, Uber, which Chen helped, lost. And it lost in two regards: Uber lost the revenue from the lost ride, and Lyft gained the revenue. Chen’s team was tasked with getting drivers to use all their time driving for Uber and ...Read more of post
Love Those Margins 💖Dating apps are launching higher-priced premium tiers, according to last week’s The Wall St. Journal. Hinge offers a new $50/month plan, and Tinder is launching a $500/month plan. The League already offers a $1,000 plan. These pricey plans take the sting out of Bumble’s $60/month plan.
Why are companies offering such plans? Because even if Tinder only gets 10% of users, that's millions. Plus, the profit and margins are likely higher for customers using ...Read more of post
Shop Local Helps Indie Stores Rank on Page 1 of Google in 64% of StatesNEW YORK, NY, Sept. 06, 2023 – Shop Local, an e-commerce platform, reported that it's helping indie stores rank on page one of Google in 64% of states for wedding gift purchases. The findings are based on a recent study that Shop Local conducted regarding wedding registry purchasing.
Study Findings:
For 32 state searches, Shop Local Stores appeared on page one of Google. This represents 64% of all states. When just calculating the
Jugaad’a Do What Jugaad’a Do 🚀India last month joined three other countries in the exclusive club that has put a craft on the moon. What’s unique about India’s accomplishment is that it did this at a fraction of what the U.S. spends on space exploration, shares Ben Cohen in The Wall St. Journal. While the U.S.’s NASA program has a $24b budget, India’s ISRO (Indian Space Research Organisation) budget is just $1.3b. India, which started its space program in 1963, is able to do ...Read more of post
Dr. Fill 👨🏻⚕️Each April, I scramble to send my tax information to my accountant so I can file my taxes before April 15. Since my friends confide that they do the same, there are likely millions of people like us racing to prepare our taxes. What if there was a way to avoid this painful rush—and even the cost of it? The WSJ shares that Japan, New Zealand, and much of Europe get such relief. The countries prepare tax returns for their citizens using existing data, and the citizen...Read more of post
Before May 31, 2023, send an email to your retailers inviting them to join you on Shop Local's e-commerce platform. We’ve written for you a sample email template you can send to them. Please find that template below. You can copy this template and send it using your email program (Outlook, MailChimp, etc.).
I'm giving you a $200 finder's fee when you refer a store.
When you refer a store, the store will receive $268. It will receive $100 towards a wholesale order with your brand and a $168 credit towards their registry service with us. (My company is paying the $100 wholesale order credit.)
Do You Agree Defaults Are Important? ✅ Yes ___ NoWhen you look at your driver’s license, it lists if you’re an organ donor. Twenty years ago, only 20% of people were donors, but today 80% are—thereby saving millions of lives. Did people become more kind? No, the question on the application was changed from opt-in to opt-out. People signing up for or renewing a license are now by default enlisted in organ donation. Lesson: the right default answer in medical care can save millions of lives. ...Read more of post
I'm giving you a $200 finder's fee when you refer a store.
When you refer a store, the store will receive $268. It will receive $100 towards a wholesale order with your brand and a $168 credit towards their registry service with us. (My company is paying the $100 wholesale order credit.)
Summary: you give a store $268 and you get $200. (Bridge covers the $468.)
In the beginning, a business seeking to build a network has to concentrate on acquiring users, even if they are non-paying. Companies often give away the service, especially software companies, and we can see that with Facebook, Slack, TikTok, and many others. &...Read more of post
Next Generation ⏩️When we brainstorm about making Bridge better, we want to turn over every stone. We explore many avenues, from increasing collaboration to lowering product prices to enhancing marketing. What if an improvement was right in front of us—constant to all of these concepts? Regardless of what feature we offer, there is one constant: navigation. Navigation is fundamental to allowing members to easily find what they need—and discover what they didn’t know...Read more of post
What's on The Menu? Giving BackWhile drinking Athletic, a non-alcoholic (fake!) beer, I noticed that its box proclaims that it gives back 2% to local trails. I love walking trails, and I thought: the next time I venture to have a sober night, I’ll pick up another box of Athletic. (Thanks, Athletic, for giving out $2.5m in trail grants.) Warby Parker gives a pair of eyeglasses for each pair bought (they've given 10m pairs!), while Bombas does this for socks. Bookshop.org gives...Read more of post
In the example shown, the store has selected Intuit: Quickbooks as their POS software. When assigning Intuit: Quickbooks, Bridge software shares that 59 other businesses also use this POS software.
The store has selected Shopify as their website software. By assigning Shopify, Bridge software notifies the store that 103 other businesses also use this ...Read more of post
The Price is Right 🛒When we talk about prices, there are two prices that are important:
The price that we charge clients.
The price our clients charge their customers.
We normally talk about the former, aka how our prices compare with other competitors, like Shopify or wholesale services like Faire.
Of increasing importance to us is what our retailers charge their customers. Walmart recently announced that it was taking brands to account and ...Read more of post
Search Party 🔦Google is often considered the first stop when searching for information. Looking for a product? You'll likely head to Amazon.com, where due to its 350m product listings, 25% of purchases reportedly start. Facebook will be your go-to for finding friends and family due to its 2b profiles of people. Airbnb lets you search 5.6m places to stay. These businesses are likely your choice because people want a massive selection when conducting a search. Many of ...Read more of post
Click Hear 🎧Whenever I visit my 76-year-old mom in Myrtle Beach, SC, she picks me up and the oldies station is playing in her car. I’ve tried changing that dial, and one has a better chance of outmaneuvering tennis star Daniil Medvedev. I imagine the oldies music brings her back to her youth. I read a study that people’s favorite song is often when they were 17 years old. That’s right: the 'best songs’ may not be the best songs but rather ...Read more of post
George Lois’ advertising adviceGeorge Lois, the adverting icon, wrote Damn Good Advice for those in the advertising field. In one section, he encourages us to highlight a truth. This may even include an assumption about a perceived weakness. Following George Lois' advice, I came up with these two pieces of ad copy for Bridge:
We’re smaller than Shopify. And that’s why you get more with us.
Shopify watches its stock price. We watch our customers' needs.
Helping Stores Work More Efficiently This graphic shows the situation in which many retailers find themselves. Many retailers are stuck trying to connect their digital wholesale buying and their stores’ websites.
On the left, we see wholesale software operators, including MarketTime, Juniper, Faire, Bridge, etc.
In the middle is the retailer.
On the right we see retail (D2C) software providers, including Bridge, Shopify, Big Commerce, etc.
'Dem Apps 🍎In the movie Good Will Hunting, Matt Damon, who plays a handsome MIT janitor moonlighting as a math savant (can one say, “Hollywood career vehicle”?), woos a young lady (played by the actress Minnie Driver) by outmaneuvering a few competing, obnoxious cads. When Damon’s character gets the girl's telephone number, he proudly shows it to the other guys and boasts, with his South Boston access, “How 'bout ‘dem apples?” I ...Read more of post
Businesses Should Want a Membership—Not a Subscription. Why?When talking about memberships and subscriptions, these two business models are sometimes interchanged but actually are different. They often differ in their pricing, customers, and offerings. A subscription is often not a membership, but a membership often encompasses a subscription. A membership is often an elevated and more powerful subscription that collectivizes and leverages the subscribers.
What They Have In Common
With both models, you often pay a...Read more of post
Connection 👫In the past, we’ve used spin classes and gyms as inspiration for Bridge. We see them as metaphors for helping retail business owners. The founders of SoulCycle, Elizabeth Cutler and Julie Rice, must have been eavesdropping on us: they are expanding their spinning approach to another sphere. The Times reports they have started Peoplehood, a business that seeks to help people via self-help (group-help?) sessions. It’s ...Read more of post
Competing With Ourselves🪞About two weeks ago in Charleston, SC, in spin class where I sounded like I was getting a hair transplant, I enjoyed being at once together with my friends in the class and yet competing with them. When they peddled harder and stood up, I wanted to also. Our competing didn't mean that there was one winner and everyone else lost. It wasn’t a zero-sum game. In that spin class, we all won. After that class, we all felt great. &...Read more of post
Moat-us Operandi 🏰 When I flew home yesterday from Charleston, while most people were seeking relief from their sunburns and reminiscing about their vacations, I was delving into The Wall St. Journal’s profile on Tracy Britt Cool, an ex- Berkshire Hathaway star. Mrs. Cool’s new company Kanbrick invests in businesses with $10m - $50m in revenue. What does Mrs. Cool look for when investing in a company? People and moats.
Audience. Both service the retail industry. In particular, both service brands and retailers. Bridge also services sales reps, and Faire tries to steer clear of them--which is one reason reps don't like Faire much.
Walmart+, Disney+ ...Bridge+?Businesses like Walmart, Disney, and Discovery are bundling services and adding the “+” suffix to denote them (e.g. Disney+, Discovery+, W+, etc.). In a recent article in RetailDive, we learn that Walmart is giving its customers free, six-month trial Spotify accounts. I think W+ bundling services is smart. Last week, I compared running a gym to offering software. I spoke about bundling services with things that people like to increase ...Read more of post
9 Ways Your Bridge Is Different Than Other Online StoresThere are approximately 40 online e-commerce providers. These software providers help other businesses sell online by offering them the ability to run an online store. These providers include Bridge as well as Shopify, Magento, Big Commerce, BigCartel, Square, and Weebly. Does Bridge offer a different (better?) experience than these other platforms? We believe the answer is yes. We also think our 960 retail clients agree: 99.7% of our retailers retain our service ...Read more of post
Our Digital Gym 🏋️♀️In a recent NY Times article about working out, the author Christie Aschwanden gives readers tips on how to make working out more enjoyable. (Read the article: https://www.nytimes.com/2022/01/19/well/move/habits-motivation-exercise.html). In reading this, I saw many parallels between working out and helping our stores get their websites ‘in shape.’ The author encourages readers to not think of working out as exercise and instead think of it as "...Read more of post
Let's Make E-Commerce FunMost e-commerce platforms isolate you and leave you adrift. Bridge connects you with your business friends.
Bridge's unique features:
Built-in Social Network: Friend your business friends on Bridge. This allows you to share news and files, message each other, support accomplishments with one another, and share your passions.
Product Syncing Between Retailers and Brands: Save $1,000 and 50 hours on every 1,000 products you add to your