Wholesale (Laura & Madison)
- Wholesale program (13k customers; most are re-selling LMNT)
- Segments:
- Trusted health (gym & chiropractors)
- Bulk Buyers: manufacturing plant, universities (providing to employees) where there are minimum order qualities
- Specialty retail (small grocery chain)
- Examples of BI questions we’d like to have answered easily:
- When are folks making their 1st purchase? 3rd purchase?
- Who are our top wholesalers?
- How we do things now? Shopify → Filter things out
- Active partner: purchased in last 18 months
- Next steps:
- [Laura to create test account for wholesale]
- [Play around with Guru: internal database of FAQs and responses
- [Gorgias] CX platform
- Data sources:
- Fulfillment View (Stord) - every order going out the door; where are people in the journey
- Shopify -
- Google Sheets - CRM
- Follow-up with Steve to understand tags
- Segments:
eCommerce (Carlos)
Shopify Revenue Reporting Integration
- Shopify = 5–15% of total revenue, but receives 40–50% of paid media spend.
- Need to better connect spend and performance across channels.
- Agreed to continue tracking subscriptions, email revenue, and other sources while implementing new dashboards and reporting tools.
Media Spend Reporting Enhancement
- Carlos showed the Shopify blended report and growth dashboard, which track:
- Revenue and spend by product type and sales channel.
- Progress toward OKRs.
- Shivani to review monthly reports and Carlos’s section for deeper understanding.
Marketplace Tracking System
- Tracks Amazon and Shopify sales separately: total sales, “other” sales, and Subscribe & Save.
- Subscriber count = proxy for retention; concern that repeat revenue is trending down.
- Data rolls up into OKRs with metrics on sales, spend, and performance.
Buy Box Strategy
- Winning the Buy Box → up to 90% impact on listing sales.
- Amazon allows multiple sellers to encourage competition; LMNT focuses on maintaining Buy Box ownership rather than trying to delist resellers.
- Current rate: 94%.
E-Commerce Data Automation Strategy
- Need to automate tracking across Shopify, Amazon, and Walmart for better pacing and weekly reviews.
- Until automation is live, data will be manually updated in a daily tracker.
- Discussed working with a data consultancy to build automation pipelines and unify reporting.
Next Steps
Carlos
- Link exact report sources in each column of the daily tracker.
- Share the Growth Dashboard document with Shivani.
- Provide Loom recordings for CXA showing how to locate key numbers.
Shivani
- Follow up with Carlos for a bullet-point list of all data sources being used.
- Review the daily tracker and monthly reporting flow.
- Explore external data consultancy options for e-commerce automation.
Carlos’s CXA
- Update the daily tracker manually every other day.