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Hello and welcome to another 
episode of the winning Shopify 

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podcast is Tuesday, which can 
mean only one thing. 

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It's time for a Tuesday tea 
break talks. 

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We're going to be enjoying a 
nice cup of tea. 

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I'm going to introduce the tea 
in a second. 

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Lorna from the Bean shop there. 
It says tea shop on the side of 

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the tea packets, but Lorna from 
Bean Shop sent me a whole range 

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of teas I'm going to be trying 
over the next next couple of 

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months. 
So thank you Lorna, and thank 

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you for everybody for tuning 
into these. 

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These are quite fun if you've 
never listened to one of these 

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before. 
I've looked down a lot because 

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I've actually got notes for 
once. 

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Normally we just have a nice 
chat, but I've got notes that I 

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have to run through. 
We're going to talk about the 

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tea. 
We've got some good quotes of 

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the week about e-commerce. 
We've got some Shopify news. 

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We don't have partner news. 
Why are you telling me that, 

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Nick? 
Well, we normally do, but we 

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don't have any partner news this
week. 

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And we've got some learnings 
from the agency and we've got a 

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thing called Quivia, which is a 
question about a piece of 

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trivia, which is all quite fun. 
But without further ado, whilst 

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I'm pouring, I've got loose 
leaf. 

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If you're watching this, we've 
got these world famous, they're 

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not really winning shop 5 mugs 
which I had printed cheaply on 

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the interwebs and we've got some
loose leaf tea. 

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The tea is in there, it's been 
brewing. 

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I brewed it to 80°. 
Tends to be the best for tea to 

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get the most flavour out of it. 
I don't actually know what I'm 

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doing, this is all written in my
notes, although I did brew it to

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that temperature. 
The winter tea, this one's 

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called winter tea is from the 
tea shop and it offers multiple 

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benefits including boosting 
circulation and warmth support 

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the immune system love this with
antioxidants and vitamin C and 

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age digestion through the 
soothing spices. 

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It is very spicy, as in not hot 
as in like it's going to burn my

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mouth. 
But it's there's a lot of 

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spices, like a kind of cinnamon 
vibe I'm getting from that, a 

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kind of pumpkin winter spice 
like you would in a nice coffee 

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and antioxidant protection. 
It relieves sore throats and 

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congestion, which I've got to 
tune in next week to see if I'm 

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still alive, see if it's worked 
and promote relaxation and mood 

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balance and maintain it, 
maintain hydration during cold 

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weather. 
It's freezing in the UK, so I 

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say freezing. 
I'm an absolute wimp. 

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I live down in the South. 
It must be about 7 or 8°C today 

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in Fahrenheit, like a million or
something. 

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I don't know what the Fahrenheit
is. 

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But anyway, we're going to dive 
in. 

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I'm going to try this tea 
quickly. 

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It does smell very spicy. 
It's almost like a kind of 

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mulled wine type vibe. 
You only get mulled wine and you

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put cinnamon sticks and orange 
and stuff in. 

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Very nice anyone is just 
listening to this is going. 

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I'm literally listening to a man
tasting tea on audio only. 

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What is my life become anyway, 
let's jump in so quote of the 

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week. 
We've got three quotes all about

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Black Friday and sorry, 2 are 
about Black Friday ones. 

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Not need to come from my team. 
Liv and Millie have put these 

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together this week. 
Daisy is taking a much needed 

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holiday for the next few days 
and you can't go into Black 

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Friday and put 15% off, 20% off 
and expect to do well. 

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Make sure your offer is 
compelling no matter what. 

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It's a lesson for all of us. 
How many brands like the finance

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director said we could do 10%? 
It's like there's a whole 

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psychology of marketing. 
Have a real think about those 

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offers. 
The second great is Black 

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Friday. 
I love this one. 

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Black Friday, the day we all 
become professional shoppers. 

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I love that. 
I don't know about you. 

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I have a bit of a shopping list 
every year and every the last 

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three or four years I've been a 
bit disappointed to be honest, 

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with the discounts we've got. 
I remember when Black Friday 1st

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became a big thing in the UK and
we were getting 6070% off 

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things, whereas now it's like 10
or 20, which it was a lot more 

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reasonable. 
And the third quote is your 

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platform is only as good as the 
story it helps you tell. 

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Every customer journey on 
Shopify is a chapter in your 

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brand's book. 
Love that telling stories 

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through marketing is really, 
really important. 

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I don't know if you have it in 
every country as well. 

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Just on the side note, telling 
stories every year, the UKI 

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think it's a Telegraph newspaper
here does a top ten TV adverts 

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and they're they've been getting
more and more emotive and 

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passionate the last few years. 
I'd say last sort of five to 10 

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years. 
John Lewis always featured quite

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high on them and amongst their 
other brands and a couple of our

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clients got in over the last few
years, which is fun right to 

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Shopify news. 
What's been going on and 

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duplicate to user groups to 
speed up set up and the 

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description says you can now 
duplicate user groups in one 

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click on the plus plan only 
sorry non plus planners if you 

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thinking about grading to plus, 
I'll talk about that minute. 

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Let's finish the description 
first. 

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I'm so sidetracked at the 
moment. 

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It's nearly Christmas, I need a 
break. 

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So yeah, you can now duplicate 
user groups with one click on 

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the Plus plan only all roles and
store assignments copy over 

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automatically so you don't have 
to rebuild similar groups from 

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scratch. 
That's quite useful. 

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But on the Plus plan, I've had a
few people reach out and I 

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think, I think I actually said 
this last week or a couple of 

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weeks ago, if you're on the 
standard plan of thinking of 

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upgrading to Plus and you look 
at it and go beyond the 

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financial benefits of the 
upgrade, what are the actual 

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benefits to me? 
And I keep saying back to people

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like, well, if that's the only 
benefit, we'll crack on and do 

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it. 
Saves you money. 

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You're a business, you're an 
e-commerce store. 

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Cash is king. 
Save some cash by paying a 

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slightly higher fee for the 
platform each month into plus, 

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but then you save on each 
transaction, which should 

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actually make you a profit when 
you reach the right point. 

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So in your business plan, work 
out what point are we going to 

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cross that threshold? 
Really, really important. 

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Next one. 
Capital Flex is now live in the 

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US. 
Eligible US merchants can access

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Capital Flex. 
Continuous access to working at 

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Capital. 
So you can unlock some cash of 

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stuff that's not even sold yet. 
We've actually had Shopify on 

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the show. 
I'm trying to think, I think I 

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recorded it in my old house. 
It would have been 2020 during 

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Covic when I was at home 
recording one of these and we 

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were talking about this kind of 
thing with a lady called Tui. 

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She's no longer at Shopify, but 
we spoke about a very similar 

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thing. 
But there's a new thing called 

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capital Flex in the US. 
So you can access working 

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capital, borrow what you need, 
when you need it up to your 

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limit. 
As you repay your available 

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funds, replenish as well. 
So if you're predicting a big 

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Black Friday or you're doing a 
big push of something or you can

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do a big sale and you know we're
starting to make profit on that 

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sale, you can access cash. 
It might be instantaneous. 

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It says continue access to 
working capital. 

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But if it's worth getting that, 
even if you're not going to use 

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it, I will send business. 
The more capital you've got 

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access to, the more money you 
can spend when you need to spend

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it, when you know you're going 
to make it back. 

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Or if a big bill comes up and 
you think we just need to 

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swallow that somehow. 
The working capital's there, you

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can use it. 
I don't know if Shopify can be 

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used for that specifically, but 
yeah, have a look into it. 

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Yeah, it's called Capital Flex. 
It's US only. 

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Sorry, everybody over here on 
the little island of the UK now,

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the sip of tea, is that the 
perfect temperature? 

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Going to enjoy the right 
temperature. 

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You can pay US suppliers 
instantly with same day ACH from

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Shopify Balance. 
I think Shopify Balance is what 

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we were talking about in the 
show years ago. 

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I have so many guests on here, 
it's quite hard to remember what

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was going on. 
I remember too and I we spoke 

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about something very similar. 
We can access cash, introduce 

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same day ACH for Shopify Balance
users in the US only again. 

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But again, US tends to be the 
first place. 

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Most changes are rolled out 
across lots of tech platforms, 

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so expect it to go worldwide 
once it's been tweaked. 

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And it's working well, making it
faster to pay suppliers and 

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partners on the same business 
day, which is quite useful, 

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especially if you're ordering 
products. 

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That's probably someone where 
they'll say we're not going to 

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dispatch your new stock until 
you have paid to be able to pay 

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them quickly. 
Just saves time waiting three, 

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5-10 days when you've already 
run out of stock and you're 

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trying to replenish it. 
Or you could talk to our partner

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inventory planner to avoid that 
happening in the 1st place by 

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better planning for your 
inventory next one. 

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There's loads this week. 
A cash cheques on the go with 

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Shopify Balance. 
Merchants can now snap photos of

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paper cheques, a comment about 
this in a minute and cash them 

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directly into their Shopify 
Balance account, which is pretty

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cool. 
So Shopify Balance account is 

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basically working like a bank 
account. 

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What I find hilarious is both 
the spelling of checks. 

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Because this is American, you 
call it CHECHCKS. 

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Sorry, we spell check CHEQUES 
and we wrote the language first.

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It's the English language. 
It's funny how much you guys 

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have changed stuff. 
It's also funny that you use 

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cheques. 
I think I've received one in the

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last five years and that was a 
rebate, a refund from an energy 

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company. 
When I moved house, I just, they

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owed me some money, excited 
credit on my electricity account

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and they sent me some money. 
It's funny you guys still use 

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cheques. 
We are, we're so digital here in

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the UK now. 
La La, La La. 

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Two more new collection 
duplication. 

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Oh my gosh, Shopify, why has 
this taken so long? 

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Duplicate any collection to 
reuse the settings, the products

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and conditions, to run recurring
campaigns and test the 

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merchandising faster. 
Oh my gosh, we make so many 

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collections when we're doing an 
SEO and I'm so glad we can click

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a button now and duplicate that.
We run things. 

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For example, if we made a 
collection that was of a very 

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niche, filter down to a certain 
niche type of product and say we

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wanted a collection for each of 
the colours and there were 8 

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colours moment, we have to 
create a new collection and then

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put all of the criteria again or
use something like Matrix 

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Suffice, download and upload it.
It's a bit just clicking 

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duplicate and going that one was
red. 

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Let's change red to blue and use
the tag for blue products. 

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Bosch done nice and quick. 
So thank you, Shopify. 

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That is finally, finally 
available, which is good. 

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And November 4th as well. 
They also announced exclude 

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products by tag in smart 
Collections. 

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It used to be that you could 
only include products with tags.

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You can now exclude them as 
well. 

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So tag is not equal to 
condition. 

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Again, thank you, thank you, 
thank you, thank you, thank you.

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We make so many collections in 
SEO. 

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This is super useful. 
Carrying on the thread about 

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SEO, we are into the agency 
learnings and updates. 

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I'm going to start with SEO. 
SEO is always second on my list 

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of my notes, but I'm going to 
start with that because Liv and 

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Millie are in the SEO team days 
in the BBC team, which might be 

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why days a bit first, but we'll 
let her off. 

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So on SEO, something everybody 
needs to go and do for ChatGPT 

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and AI bots definitely implement
Bing's what's called index now. 

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So go on Google and say go on 
Google, go on Bing. 

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You search for either search 
engine. 

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It's just so as much as I do 
indoors Bing and I think Bing's 

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a fantastic platform. 
We spend a lot of money in it. 

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We probably spend more on it as 
a percentage to spend than most 

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agencies at almost any agency in
the world. 

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But I just think in my head 
like, let's go Google it, Let's 

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go Bing it. 
Why don't we Bing it? 

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So you can use the thing called 
index now. 

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It's ChatGPT uses a lot of Bing 
signals. 

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Bing and ChatGPT will open AI 
very much in bed with each other

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in terms of integrations and how
they work and some of the 

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information that gets passed. 
So index now is a feature that 

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allows you to allows instant 
indexing post site update. 

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So when you update your site, 
bang, go and update this page 

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now and index it on AI. 
One of the biggest questions, of

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course, we get asked an SEO 
pitch at the moment. 

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It's like, what about AI? 
You think about our AI structure

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and how we're going to be on all
the AI bots and people are 

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looking for products or 
services. 

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So we're doing a lot with this. 
It is flagged as a high severity

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issue in Bing Webmaster Tools 
when you don't implement it. 

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So it is super important. 
And the thing we don't know at 

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the moment is a question that 
we're going to try and answer 

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over the next few weeks and 
months as we keep playing with 

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these things because it's a very
new feature keep. 

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Could adding it increase Bing 
visibility and therefore ChatGPT

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visibility? 
We are, we're testing it on all 

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of our clients at the moment. 
We've rolled it out because it's

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very, very quick and easy to do.
But if it has an uplift, we want

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to be there. 
All right, this is a good one 

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then from the PPC team, I 
believe this will be Elliot 

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based on the subject matter. 
So thank you, Elliot. 

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We noticed that the main 
campaign for one of our clients 

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wasn't performing very well and 
that is because bundled products

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you can buy, one individual 
product you can buy in a pack. 

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The packs themselves and the 
bundled products were lagging 

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for a few weeks. 
So we take, we watch things 

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every day in the agency here to 
look for trends. 

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Is this like OK, we just had 
three or four bad days and 

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suddenly improves. 
That's very normal. 

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Things just go up and down. 
The less you're spending, the 

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less percentage of the time you 
appear that you could. 

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Therefore, you're going to find 
lower performance. 

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I'll repeat that again, the 
percentage if you imagine it's 

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called impression share, say for
the 100% of the time you could 

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appear if you're on a low budget
and you're only appearing for 

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say 5 or 10% of the time, say 
it's 10%. 

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Let's keep it simple. 
Then there's only a one in 10 

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chance you're going to appear in
front of each of the customers 

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that's looking versus the other 
nine that's that are looking if 

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that was the percentage. 
So again, the more you spend, 

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the more days you're going to 
get the quick you can refine. 

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But in this particular one, 
bundles, cases, packs, when 

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performing as well, they were 
lagging back for a few weeks. 

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In this situation it's like, 
right, it's been a week or so, 

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we need to do something about 
this now. 

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It's affecting overall 
performance and it wasn't just a

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bad week, it's like it's 
actually started to get much 

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worse. 
So to fix it, we've split packs 

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into their own campaign and 
separated out the individual 

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products by their colours, by 
splitting them out by colour. 

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There's a lot of work to do 
this. 

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There are ways we do it a little
bit quicker, but it's generally 

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it's, it's a lot of work to do 
this. 

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But the change has made a 
massive difference. 

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The packs and bundles have 
started performing much better. 

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We've gained more control now 
that we've got more campaigns. 

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So we can shuffle budgets 
literally day by day or week by 

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week or every few days as 
campaigns. 

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If one's got a higher ROI and 
it's outperforming its target, 

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we start spending a bit more in 
there. 

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That hands on approach has 
helped this business sort of 

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turn around just in time for 
Black Friday and Peak as well, 

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which is fantastic. 
We've now got more budget 

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focused on the cases and packs 
have a higher average order 

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value, less on the individual 
items. 

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00:12:41,320 --> 00:12:43,880
The individual items used to 
have a higher rowers, not 

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anymore, right guys? 
It is time for Quivia. 

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00:12:47,640 --> 00:12:49,840
I'm going to ask. 
We've actually got 2 this week. 

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00:12:50,160 --> 00:12:52,240
Liv is spoiling us. 
I think she's just trying to 

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00:12:52,240 --> 00:12:55,280
outdo Daisy because I know Liv 
really wants to do these and I 

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00:12:55,280 --> 00:12:57,040
know Millie's chipped into these
things as well. 

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00:12:57,040 --> 00:12:59,680
So thank you Liv and Millie. 
These are from you guys. 

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00:12:59,880 --> 00:13:02,320
True or false? 
Black Friday is always on the 

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00:13:02,320 --> 00:13:05,400
last Friday of November. 
True or false? 

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00:13:05,440 --> 00:13:08,200
Quick tipity discussed with 
anyone near you or just talk out

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00:13:08,200 --> 00:13:09,840
loud in whatever environment 
you're in right now. 

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00:13:13,080 --> 00:13:16,200
And the answer is false. 
It is always the day after 

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00:13:16,200 --> 00:13:18,000
Thanksgiving. 
I think you guys in the US are 

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00:13:18,000 --> 00:13:20,880
like, come on Nick, you must. 
I won't do an American accent. 

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00:13:20,880 --> 00:13:22,720
You must know this is what 
you're probably all thinking. 

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But most of us here in the UK 
and outside of the US, yes, yes,

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there are more countries 
shopping online than just 

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00:13:28,240 --> 00:13:30,760
America at the moment. 
But outside the US, like 

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00:13:30,760 --> 00:13:33,920
Thanksgiving is, is certainly 
not as widely celebrated for 

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00:13:33,920 --> 00:13:36,560
obvious reasons because it's AUS
holiday. 

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00:13:36,560 --> 00:13:39,160
So we probably don't know that. 
And then the last Quivia just 

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00:13:39,160 --> 00:13:41,520
before we say a very sorrow 
goodbye ahead of Friday's 

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00:13:41,520 --> 00:13:44,280
episode. 
And what is the expected amount 

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00:13:44,280 --> 00:13:50,200
of money that the UK will spend 
over Black Friday this year? 

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00:13:50,200 --> 00:13:53,520
So UK start one for US1 for UK. 
What is the expected amount of 

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00:13:53,520 --> 00:13:55,640
money that UK will spend over 
Black Friday this year? 

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00:13:58,840 --> 00:14:00,440
This tea's delicious. 
It's definitely one of my top 

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00:14:00,440 --> 00:14:01,760
teas. 
Might have to get more of this 

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00:14:02,240 --> 00:14:04,840
one. 
The answer is 14 billion pounds,

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00:14:05,200 --> 00:14:08,920
£14 billion over Black Friday 
this year. 

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00:14:09,280 --> 00:14:10,400
Thank you for listening 
everybody. 

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00:14:10,400 --> 00:14:12,400
It's been great having you all 
here and I hope you have an 

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00:14:12,400 --> 00:14:14,520
amazing rest of the week. 
And we'll see you again on 

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00:14:14,520 --> 00:14:15,760
Friday. 
If you've not tuned in before, 

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00:14:16,040 --> 00:14:17,240
hit subscribe. 
Leave us a review if you 

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00:14:17,240 --> 00:14:18,240
haven't. 
You haven't done those two 

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00:14:18,240 --> 00:14:19,240
things. 
Go and do those two things. 

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00:14:19,240 --> 00:14:21,080
And on Friday we'll have a full,
full episode. 

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00:14:21,080 --> 00:14:23,000
These are little mini ones on 
Tuesdays, but we'll have a full 

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00:14:23,000 --> 00:14:25,440
episode on Friday as well. 
And a massive shout out to our 

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00:14:25,520 --> 00:14:28,320
our Spotify audience. 
You guys are growing and also a 

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00:14:28,320 --> 00:14:30,440
few of you've reached out for 
our help as well, which is how I

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00:14:30,440 --> 00:14:33,160
know Spotify started working for
us, which is amazing because 

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00:14:33,160 --> 00:14:34,920
we've been working really hard 
to get our Spotify views up. 

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00:14:35,120 --> 00:14:37,000
So yeah, if you haven't already,
leave us a comment on Spotify in

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00:14:37,000 --> 00:14:38,040
the description. 
Hello, Elliot. 

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00:14:38,040 --> 00:14:39,920
Keeping an eye on those. 
And so Byron, so let's get back 

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00:14:39,920 --> 00:14:41,720
to you very, very shortly. 
Thanks much for tuning in back 

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00:14:41,720 --> 00:14:42,280
again on Friday.
