4.9 • 816 Ratings
🗓️ 10 June 2024
⏱️ 16 minutes
🧾️ Download transcript
In medieval times, a moat protected castles from enemies. In 2024 and beyond, creating a "moat" around your brand is essential for success in e-commerce. It's no longer enough to have a great product; you need to give your market compelling reasons to purchase your products and remain loyal to your community long-term.
In this episode, I discuss strategies for building this protective moat around your brand, ensuring lasting success and customer loyalty. Learn how to fortify your brand and thrive in the competitive e-commerce landscape.
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0:00.0 | In medieval times, you'll sometimes see a moat or ditch canal of water surrounding the castle |
0:07.1 | to provide one more protective barrier for your fortress so that the enemies can't get through |
0:14.0 | the moat or easily access the gate of your castle. I believe that in 2024 and moving into the |
0:20.7 | future of e-commerce, you need to create a similar type of your castle. I believe that in 2024 and moving into the future of e-commerce, you need to |
0:22.7 | create a similar type of moat around your brand. |
0:32.9 | What's up guys? You're listening to or watching another episode of Selling on Amazon with Andy Isam. |
0:38.7 | In this episode, we're going to talk about the essential strategies for creating a competitive edge |
0:44.1 | beyond just having great products. |
0:47.5 | You need to create a moat around your brand in 2024. |
0:51.3 | It's not simply enough to have just a great product selling on Amazon or even |
0:57.6 | on your website. You need to give your customers, your audience a reason to purchase your products |
1:04.8 | and stick around and be a part of your brand and your community long term if you want to |
1:10.4 | survive in this competitive |
1:11.9 | landscape. In medieval times, you'll sometimes see the photo or video or in a movie depicted |
1:18.8 | in, you know, a story or something, a moat around a castle. A moat being, you know, that river or |
1:26.0 | stream or ditch canal of water surrounding the castle |
1:30.8 | to provide one more protective barrier for your fortress so that the enemies can't get through |
1:38.3 | the moat or easily access, you know, the gate of your castle or your village to pillage and plunder. I believe that in |
1:46.9 | 2024 and moving into the future of e-commerce, you need to create a similar type of moat around |
1:54.0 | your brand so that when the enemies or the competition or the Chinese brands, you know, come and try to knock off your products |
2:02.4 | or steal your ideas or take advantage of maybe an opportunity that you created to protect yourself |
2:09.5 | again from all those different enemies or competitors. |
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