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Ep 357: Current Valuations and Next Year Predictions With Tejas  Konduru, Via Customers

Ep 357: Current Valuations and Next Year Predictions With Tejas Konduru, Via Customers

FromSecrets To Scaling Your Ecommerce Brand


Ep 357: Current Valuations and Next Year Predictions With Tejas Konduru, Via Customers

FromSecrets To Scaling Your Ecommerce Brand

ratings:
Length:
27 minutes
Released:
Jul 26, 2022
Format:
Podcast episode

Description

We are teetering on the brink of a recession right now. The good news is everything’s going to be okay if you are a brand that highly values intrinsic brand loyalty and customer LTV.In this episode, Tejas Konduru of Via Customers talks about the valuations in the space right now. He and Jordan also discuss what is going to happen in the next year and a half.Listen and learn in this episode!KEY TAKEAWAYS FROM THIS EPISODEThe idea for Via Customers is all mobile marketing living together is the best experienceOnce you cross 10-30 Million in GMV, you will need a tool that is not a self-service type.The most demanding customer is the most rewarding customer served.The only companies that will survive the next year and a half are the companies that see a path to profitability, have a positive cash flow, and are becoming default investable.Everybody wants to invest in an enduring business that can raise money again.It is more important to have intrinsic brand loyalty and high repeat customer rates than to just play the volume and new customer acquisition game.The ones who struggle are the ones who have never taken the LTV side seriously.The number one storefront for brands won't be their website or their physical store. It will be mobile.The secret to scaling has always been hiring the right people.It comes down to the culture and the people that you bring in that morph into that culture.It’s very important to have a strong finance team and an operating cadence.Valuation is everything you are going to do in the future discounted by how much risk someone sees in you.Recommended Tool: Superhumanhttps://www.superhuman.comRecommended Podcast: How I Built This with Guy Razhttps://podcasts.apple.com/us/podcast/how-i-built-this-with-guy-raz/id1150510297   Today’s Guest:Tejas Konduru is a co-founder and the CEO of Via Customers.Via Customers is a mobile marketing platform for eCommerce brands.Connect and learn more about Tejas and Via here:Website: https://www.viacustomers.com LinkedIn: https://www.linkedin.com/in/tejas-konduru We love our podcast community and listeners so much that we have decided to offer a free eCommerce Growth Plan for your brand! To learn more and how we can help, click here:upgrowthcommerce.com/growJoin our community and connect with other ecommerce brand owners and marketers!https://www.facebook.com/groups/secretstoscalingpodcast
Released:
Jul 26, 2022
Format:
Podcast episode

Titles in the series (100)

Are you an entrepreneur or ecommerce store owner looking to scale your business? Then join ecommerce marketing experts Jordan West and Sean Lang as they reveal what’s working in online marketing today to scale your business. Twice a week they walk you through what’s working in paid ads and talk to successful ecommerce business owners that have scaled their businesses to 7 figures and beyond. Learn from gurus in paid traffic on Facebook ads, YouTube ads, Google Adwords (now Google Ads), Google Shopping, Bing Ads, Bing Shopping Ads, retargeting, Instagram Ads, LinkedIn ads, Google Analytics, landing pages and more. We talk about how to write good ad copy, create banner ads that sell, which creative works for which ad platform and more. We talk about everything that is working right now (and not working) to help you scale your business so you know exactly what your next year of online sales is going to look like. Once you nail paid advertising it is like a faucet that you can turn on and off at will. Let’s show you how to build the paid traffic faucet!