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Patagonia’s Billionaire Founder To Give Away The Millions His Company Saved From Trump’s Tax Cuts To Save The Planet – Angel Au-Yeung

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Yvon Chouinard, billionaire founder of outdoor apparel firm Patagonia, has traditionally shied away from politics. But things have changed for the rock-climbing, fly-fishing outdoorsman since Donald Trump moved into the Oval Office. On Wednesday, Patagonia announced it has an additional $10 million in profits on its books for 2018 as a result of Trump’s “irresponsible tax cut” last year, which lowered the corporate tax rate from 35% to 21%. Instead of investing the additional dollars back into its business, Patagonia said it would give $10 million to grassroot groups fighting climate change, including organizations that work in regenerative organic agriculture to help reverse global warming.

 

 

 

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Rockflowerpaper Saved $200K Per Year Switching from Symphony Commerce

rockflowerpaper Saved $200K Per Year Switching from Symphony Commerce

It was 2017, and Katie Smith — then 58, a lifelong businesswoman, 35-year veteran of international trade, a company founder and owner — was stuck.

Nearly ten years had passed since she began her own business, rockflowerpaper, a California purveyor of bright, colorful clothing and accessories that had become a hit in the elite American coastal communities like Nantucket, near Cape Cod in Massachusetts, and Kiawah Island, off the shores of South Carolina.

rockflowerpaper products were available in 4,000 stores across the United States, mostly in high-net worth zip codes down each coast of the nation. Retail was winning.

But ecommerce was holding this company back.

In 2015, rockflowerpaper signed up with Symphony Commerce. It was no rushed decision.

Smith had labored over the choice, settling on Symphony because it could build her site quickly, but also because it offered what appeared as a competitive advantage. Symphony could handle the warehousing needed for her business, and it advertised competitive rates on freight, which was attractive to rockflowerpaper’s business.

It all seemed so good.

But as it scaled larger and larger, combined online revenue surging toward $2.5 million annually, its partnership was not built to last.

rockflowerpaper found itself looking elsewhere for help with its ecommerce experience.

‘There’s no metric that’s performing worse’

In 2017, Smith reached out to other companies like hers that were operating on Shopify Plus. Waiting for her there was a migration process Smith and Matteo Tunioli, rockflowerpaper’s ecommerce manager, would later lay superlatives upon. “Onboarding was absolutely incredible,” says Tunioli.

Smith was thrilled that, upon joining Shopify Plus, the platform was able to plug into her same warehousing operation, which she had grown to trust.

rockflowerpaper began to save $200,000 per year immediately on its ecommerce operations through Shopify Plus

These were all well and good – a smooth replatforming, the creature comforts of a strong warehousing relationship brought along with them. But Smith had not reached this point in more than three decades in business without knowing it all mattered little unless the bottom line was improved.

It happened, even to her eyes, faster than she might’ve thought.

The metrics were striking. On Shopify Plus, rockflowerpaper immediately enjoyed …

  • Savings of more than $200,000 per year
  • A conversion rate bump of more than half a percent
  • Average order value expanding by up to $10
  • An abandon cart rate that plummeted as much as 10%

“There’s no metric that is performing worse,” Smith says. “We keep acquiring customers, and we keep growing our ecommerce business. We’re just in a much healthier spot financially.”

Tunioli has relished the tech support he now has. “There’s support now 24/7, whether that’s on chat or you calling,” he says. “I can be active right then and there. I can talk to a developer. There’s support research. There’s a much bigger knowledge base online for me to learn myself. You’d be surprised with how important that is for ecommerce operations.”

A backend that better supports this scaling business has afforded it a new perspective. Savings of more than $200,000 per year is nothing to sneeze at, and rockflowerpaper has grown by giving itself the boost it needed.

“It allows us to invest in our business,” says Smith. “It allows us to grow our ecommerce business to another level.”

‘Faster, less expensive, easier’

Removed from its ecommerce headaches, rockflowerpaper isn’t one to look back. There is so much more to do in this market, a loyal customer base to appease, higher planes to take this brand toward.

But there is no mistaking relief. With Shopify Plus, Smith says rockflowerpaper’s ecommerce operations instantly became “faster, less expensive, easier.”

“We made the right decision,” says Tunioli. “We just wish we had made it sooner.”

By Jason Buckland, Case Study

 

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Source: How to Optimize Your Google My Business Listing | Local SEO for local businesses

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