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5 Minute Marketing with Brian Moran

OpenAI's Ecommerce Strategy

5 Minute Marketing with Brian Moran

Brian Moran, Co-Founder at SamCart

Marketing, Make Money Online, Entrepreneurship, Business, Online Marketing, Internet Marketing, Samcart

4.6644 Ratings

🗓️ 30 November 2023

⏱️ 8 minutes

🧾️ Download transcript

Summary

Send us a text ☀️ See all of the newest features & updates to SamCart : https://www.samcart.com/product-releases📚 Download your free copy of the 2023 Creator Profit Report: Black Friday Edition - http://www.samcart.com/creator-profits-report-download🧭 Unlock CheckoutOS here: https://samcart.com/pricing💙 Wanna see what others are saying about SamCart? - https://testimonial.to/samcart/all

Transcript

Click on a timestamp to play from that location

0:00.0

Open AI, we couldn't resist not talking about this. So we got to put in our little SamCart e-commerce blend on the Open AI fiasco. We're not going to talk about the corporate politics that went involved. Open AI has a lot of new attention. Not that they had, not that they needed more attention.

0:17.7

New attention feels like a really nice way to say that they're plummeting and burning up in like a dying star, like fall in turf.

0:24.3

But I'm very excited to lecture an $86 billion startup about their e-commerce strategies.

0:28.9

We know better than they do.

0:30.1

Let me tell you.

0:30.7

Yeah.

0:31.1

We think they know e-commerce.

0:32.6

We know e-commerce.

0:33.6

Let's break it down for anybody who doesn't understand the e-commerce strategy behind a software company. And however this might apply, I hope what we bring out of this is somehow applicable to you guys. It's very simple. They've got a free trial. They have a really unique advantage when you have a software is you can offer a free trial because it's just you go try this thing and you get hooked. You want to keep using the software. Not all of us have that advantage, but it's a nice thing.

0:55.1

If you have a membership, you've got coaching, you've got something, right?

0:58.0

Offering a free trial is obviously great.

0:59.4

That's working very well for them.

1:00.7

And then what do they do?

1:01.3

They've got all these other apps and everything.

1:02.8

How many are in there now, Jordan?

1:03.7

You've got Open AI.

1:04.7

You've got Dolly. The web browsing data analyst. And now they've introduced the chat TPT store where you, the user, can make your own custom.

1:13.7

So it's almost like Apple's App Store.

1:15.4

Yeah, it's a bundle offer.

1:16.4

That's what they're doing.

1:17.1

They're saying all of this stuff under one roof and you can get it.

1:19.4

It's $19 a month or $20 a month or whatever it is.

...

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