Jay Myers is the co-founder of Bold Commerce, one of the fastest growing tech companies in Canada.
Powering over 100,000 brands, Bold has become a leading e-commerce technology provider to many of the largest brands in the world.
Bold has grown from a basement to over 400 employees, inspired by an unwavering commitment to customer care and energized by a culture of continuous innovation.
Bold has been ranked one of Canada’s Top Medium Sized Employers, ranked in the top 50 fastest growing companies in Canada by Deloitte multiple years, a 2019 Top Growing Company in Canada by the Globe and Mail, and an Ernst and Young Entrepreneur of the Year winner.
In This Conversation We Discuss:
[00:57] History of Bold Commerce
[04:37] From D2C to making apps
[07:30] The growing Shopify app market
[09:20] Shopify apps and Online Store 2.0
[10:17] The zero-sum mentality fallacy
[11:45] The Shopify community is unique
[13:28] Bold’s evolution as a company
[15:33] Saying yes to too many things
[16:38] Bold’s previous partner misalignment
[18:58] Making money vs growing company value
[21:37] How to monetize your novel idea
[23:31] Sponsor: Electric Eye https://electriceye.io/
[23:51] Sponsor: Mesa https://apps.shopify.com/mesa
[24:36] Sponsor: Rewind http://rewind.io/honest
[26:03] Sponsor: Gorgias https://gorgias.grsm.io/honest
[26:35] Sponsor: Klaviyo http://klaviyo.com/honest
[27:22] Subscription app and working with Shopify
[29:17] Drilling down to what the clients really want
[30:20] The Bold Subscriptions Pro
[32:53] Order value vs churn
[34:39] Do you have to upgrade?
[37:15] The consolidated checkout advantage
[38:05] Shop Pay vs Shopify Payments
[39:41] The problems with Shopify Checkout
[41:32] Shopping outside the front-end
[42:10] The great thing about Amazon Prime
[42:53] Where the loading times matter
[44:15] The value of Shopify and it’s long-term goal
[45:23] Making it easy for merchants
[46:22] The value in memberships
[49:12] Where to find Jay and Bold
Increase the value of your business. Try Bold Subscriptions FREE for 60 days! https://boldcommerce.com/solutions/recurring-billing-software
Connect with Jay https://www.linkedin.com/in/jasonnmyers?originalSubdomain=ca
Checkout more Bold apps for your online store https://boldcommerce.com/
Scale your business with https://electriceye.io/
Download Mesa at the Shopify App Store https://apps.shopify.com/mesa
Respond to any of Rewind’s welcome emails and mention HONEST ECOMMERCE to get 1 month free http://rewind.io/honest
Level up your customer support https://gorgias.grsm.io/honest
Get a started with a free account at http://klaviyo.com/honest
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Honest Ecommerce is a weekly podcast, community & educational resource providing online store owners with honest, actionable advice to increase their sales and grow their business. Visit http://honestecommerce.co/ for more information.
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