4.6 • 644 Ratings
🗓️ 30 November 2023
⏱️ 8 minutes
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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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