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Simple Modern's Mike Beckham on 2024 BF/CM Results and More
Manage episode 388823922 series 2081104
Mike Beckham joins the Wavebreak Podcast to talk about Simple Modern and their rapid growth to nearly $200 million in annual revenue.
In this episode we cover:
- Breakdown of Black Friday/Cyber Monday results for 2024, including insights into Simple Modern's limited edition daily releases of 1,000 units.
- The importance of financing and how Mike was able to obtain a $50 million line of credit for the brand.
- Understanding how Simple Modern strategically created moats around their brand and practical tips on how you can implement similar strategies for your own brand.
Mike Beckham is the co-founder and CEO of Simple Modern, a global producer of premium drinkware and lifestyle products.
Links Mentioned
Sponsored by...
AdNabu is the top-rated AI product feed management app trusted by 8000+ Shopify and Shopify Plus brands. Powered by the same language models fueling ChatGPT, its AI tech generates the most effective strategy for each marketplace (Google Shopping, Facebook, TikTok, and more) in real-time. Install the app or book a demo today using code LEADINGBRANDS20 for 20% off.
327 에피소드
Manage episode 388823922 series 2081104
Mike Beckham joins the Wavebreak Podcast to talk about Simple Modern and their rapid growth to nearly $200 million in annual revenue.
In this episode we cover:
- Breakdown of Black Friday/Cyber Monday results for 2024, including insights into Simple Modern's limited edition daily releases of 1,000 units.
- The importance of financing and how Mike was able to obtain a $50 million line of credit for the brand.
- Understanding how Simple Modern strategically created moats around their brand and practical tips on how you can implement similar strategies for your own brand.
Mike Beckham is the co-founder and CEO of Simple Modern, a global producer of premium drinkware and lifestyle products.
Links Mentioned
Sponsored by...
AdNabu is the top-rated AI product feed management app trusted by 8000+ Shopify and Shopify Plus brands. Powered by the same language models fueling ChatGPT, its AI tech generates the most effective strategy for each marketplace (Google Shopping, Facebook, TikTok, and more) in real-time. Install the app or book a demo today using code LEADINGBRANDS20 for 20% off.
327 에피소드
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