I found the discussion around wineries working with Wine
Direct very interesting, and I kept thinking about my experience over the
summer. I spent part of the summer in New York working with a luxury womenswear
designer called Prabal Gurung who was using Shopify to manage his ecomm
business.
I spent a lot of time working on ecomm and it was very interesting
to see what kind of considerations small luxury brands in fashion thought about
when considering ecommerce / tech partners.
I think a lot of similarities may exist
with wineries, and I think these considerations could give Wine Direct a
competitive edge over other tech players.
The main considerations included:
1)
What other comparable players do you work with?
Whenever we approached a tech partner over the summer (be it a retargeting agency
or a website pop up optimizer), the first and seemingly most important question
the team wanted to know before anything else is what other high fashion brands
the tech partner worked with. Given Wine Direct’s extensive portfolio of top
wineries, I would assume that they would be able to make themselves the top
consideration for wineries given their proven experience in the field, even if
other players had better or more cost-effective tech features…
2)
What is the costing model? Given how new
ecommerce was to the brand I worked for, and given the limited funds they were
willing to devote to it, there was a higher propensity to favor and explore
ecomm solutions that took a percentage of topline versus a flat fee (e.g. picking
a retargeting agency that charged a Cost of Customer acquisition versus
agencies that charged a flat fee, even if the flat fee would likely yield a
lower total cost). I wonder how true this might be for wineries new to the
ecomm game, and what kind of costing model Wine Direct has adopted
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