Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Alex Hormozi

๐Ÿ‘ค Speaker
43475 total appearances

Appearances Over Time

Podcast Appearances

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

And more recently, it's kind of the reverse of that.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

You look at like the Gymsharks, right?

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

They're almost all e-commerce and then they choose to open up these flagship stores in key locations that are brand additive.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

Now, on a long enough time horizon, once brand awareness has been completely saturated for an e-commerce brand, then you actually open up stores all over the place because you remove the cost of shipping,

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

each of those markets because people actually go straight to the store and it increases their average order when they're in person.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

And so the actual cost of acquiring the customer becomes rent divided by sales per month.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

kind of cool.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

And so that's what happens at the ultimate scale level that many brands don't get to.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

And some of them just choose not to do that because it's super capital intensive.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

But at some point when everybody already knows who you are, you just want to make it even easier for them to buy.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

And so that is the ultimate version of an e-commerce brand and how you do it right.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

And

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

It takes years to build that level of brand, but you can scale revenue incredibly quickly.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

And I'll add one last caveat, which is that you have to be an absolute savage email marketer.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

And so the amount of backend, the iceberg underneath of here, that exists in terms of messaging, different process flows, the campaigns that you're running, attribution, so that you can see your true metrics.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

I think some of the best marketers in the world are here.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

And it's because, to be fair, once you have a killer product,

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

It's, you know, back end dweebs that we're gonna, you know, they're gonna be working on making sure that we have enough product.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

You can hire the people who can make sure the cashflow is there, all that kind of stuff.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

But like the best, I think some of the best marketers in the world are e-commerce marketers.