386 : Hoyt Bangs Is Retail or Online the right place to sell bricks? Might surprise you

Published: April 29, 2019, 3 a.m.

b'Have you really thought about why customers buy from you? Is it price only? All the time? Why do people pay more money than they need to? Are you easy to do business with? Hoyt believes you need to tell the story with your offer. Every time. He also realized that he had to add Amazon to his business or he could not grow. So move them off Amazon or onto Amazon. Some simple math can help you decide.

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Here is transcript- It is automated so it is not perfect but it does seem to get better over time.

Hoyt:\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0 00:00\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0 At first, I thought we were losing them, but I would say that we actually gain more people this way because unless we grew into a giant, giant warehouse, there was no way we were going to handle that to begin with. So, um, we\'re going to let Amazon be good at what they\'re good at because we tried doing that in 2013 and just we couldn\'t keep up. So I believe we\'ve actually gained, at least with our private labels, we wouldn\'t have been able to do that the old way. So we gained through that and had to give up a few other things. But I\'d say it\'s all evened out in the end.

Cool voice guy:\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0 00:39\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0 Focus on the people, the products, and the process of commerce selling to your host Stephen Peterson.

Stephen:\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0 00:50\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0 Welcome back to the ECOMMERCE momentum podcast. This is episode 386, eight banks, man. Oh Man, I could, I get so excited with these interviews. I do because I, Hey, I learned something from every single person. Um, and Hoyts no, except your matter of fact. It just so I\'m so encouraged. Um, somebody who\'s taken something he loved and in the end he got talks about a venn diagram,'