I really enjoy doing these Under the Hood episodes for many reasons. I get to ‘pay it forward’ and help people who are just starting or scaling their ecommerce businesses. It’s always interesting to look at what other people are doing in niches that we may not be involved in.
Today’s interview was quite a treat because I got to talk to a medical professional and entrepreneur who has a potentially winning product and strategy in his hands. Greg, the nutritionist Greg Williams comes from the unique perspective of someone who not only sells his products but formulates them as well. A nutritionist by profession, Greg works with people who have chronic health conditions like colitis and Crohn’s disease. His journey with food supplements started with a desire to help his wife overcome colitis. After achieving success with this, he saw the opportunity to help more people in an easier and more affordable way by selling his supplements online. Business profile Greg started selling his supplements back in 2016 and has enjoyed a steady increase in profit. From initial sales of £5,000 two years ago, his 10 products have brought in over £100,000 in sales.
The statistics for repeat purchases are quite impressive. From a base of just under 4,000 customers, his products have a 30% repeat order rate at 1.75% purchase frequency.
Greg’s marketing efforts are heavily reliant on Facebook ads so he is interested in exploring other potential traffic channels. He is also keen on bringing in more of business into Amazon. Mike’s advice
Under the Hood) is a segment where we do an hour-long coaching call with one of our listeners. We take a look at their businesses, provide honest feedback, offer our best business advice, and answer whatever questions they have. In exchange for the free coaching, we will turn the call into a podcast episode so that our community can benefit as well. It’s a win-win!
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