- Candid Commerce
- Posts
- Candid Commerce | Public Goods
Candid Commerce | Public Goods
Welcome to Candid Commerce, a newsletter where I review customer journey’s of interesting eCommerce brands and brainstorm a (perhaps unconventional) go-to-market strategy for them.
Customer Journey Review:
Signup Forms:
Popups only show once. So for a certain percentage, if they do ultimately add a product to their cart, they remember they could've saved 10% and so they either search coupon sites like Honey or open a new incognito window. Both add a friction point which isn’t necessary.
Popups are not collecting data in exchange for the offer.
Product Pages:
No FAQs or Q&A format to guide people through product discovery.
No context about shipping times, shipping costs, any guarantees or warranties.
People have to open a new tab or click into a new page to access information about returns or exchanges.
No clear instructions for how people can reach out.
Improvements:
Use a secondary signup form on product pages to increase subscribers & reduce drop-off.
Add data collection to forms to understand top purchase motivations by combining the answers with quantitative post-purchase data.
Use bullet points on product pages above the fold because most 1st time visitors aren't interested enough yet to read five lines of text.
Address common questions or objections via FAQ or Q&A section.
Include relevant info about returns, shipping direction the page (don’t make people open several tabs to find info they need to consider a purchase)
Include comparisons between similar products for relevant products. Eg, shampoo bar vs. regular shampoo. What is a better or worse choice for someone depending on sue cases/reasons for buying?
Go-to-Market Strategy:
What are the products, why do they matter, why should people care:
Better/sustainable/earth-friendly versions of every day consumer goods products.
They matter insofar as ethical supply chain and the non-toxic nature of their products (produced without common chemicals).
People should care if they think ethical supply chain and quality non-toxic goods matter (AKA better products for people and for the planet).
Market Dynamics: What is the market for/the main reasons people buy these products?
Health-conscious consumers are increasingly aware of the dangers of toxic additives in so many commercial consumable goods. They crave healthier alternatives.
They buy these products to reduce toxic load over time.
Consumer Behaviors: How do people typically experience these products for the 1st time?
Social media (ads, influencers, organic/related posts)
Friends & family (word of mouth)
AirBnBs or short-term rentals (applicable for the household staples eg shampoo, laundry, etc)
Aligning Market Dynamics & Consumer Behaviors with Market Inroads (AKA, “of the ways people experience new products, which can you list build into?”):
Health-focused online influencers; seed them with product for exposure (could also look to co-marketing campaigns with these influencers).
The ‘Home Goods’ and ‘Cleaning & Laundry’ collections can be used to build a list of short-term rental property management companies and pitch them special deals for products that improve the stays of guests while gaining exposure to new consumers month after month.