you know, Mr. Beast has a Superbowl commercial
almost every week, and I can attest that, yes, he absolutely does. And it is absolutely true that not
only is there a, . Outsized impact every video that goes live, but
that lives on the internet forever. Peace. Avery, back again, episode 66. I know you're not, not
feeling a hundred percent. So we're going to get
through this intro quick. Cause we actually have
a guest waiting for us. Jess Williams, head of brand at Shopify. One of our good friends.
So excited to have her on and hear
what they're doing over at Shopify. Such a, such a cool brand. But first I did happen to
see you at the Superbowl. Not in person. I saw it on your socials. How was the big game? Did you see Taylor? Tell me everything. The Super Bowl was amazing. I was lucky enough to go this
year and represent Vayner. We had a number of different things
that we were doing both sort of for clients, which some include like, you
know, TV spots and include on ground activation, so
me community management,
some, you know, creator management, some little like events and whatnot. We had a ton of press for
Gary, um, which was exciting. And we had a nice like
team going from Vayner. So it was really, really fun. Um, got to see a bunch of things. And of course, you know, we take
notes on what really stood out. And yeah, it was, it was
an action packed weekend. That's probably why I'm sick now. I almost never get sick. Maybe this is my first
sick day in like 10 years. So I'm pay
ing the price for it
now, but Super Bowl was amazing. And if you'll Paying the price for Usher. Yes, and if you'll allow me,
I'd love to share a couple of things that did stand out to Yeah, please. The first is a sphere. The sphere is amazing. And you know, even some of our biggest
partners who decided not to do a spot this year, they didn't need to
because they were everywhere else. Like Pepsi comes to mind. They did a really cool
thing with Zach King. The sphere, my room actually overlooked
it
and I was like transfixed by seeing it change all the time. It is iconic and it is something
that you can shoot for social and people around the world still think
like, wow, that's really cool. Second thing is that experiential
is back and bigger than ever. This was the most watched game,
it was the most attended game. And just like the buzz of Vegas. There's so many different things going on. People are craving that. I know you share that POV. The third thing was like, Power of
the Female Doll
ar was on display. I know Jess has a lot of love for women's
sports, so we'll ask her about that, but you know, it was the beauty bowl. There were three different
beauty spots this year. There were a lot of female leaders. The Female Quotient did a great
job bringing people together. Sort of female, like,
sports groups doing things. It was like, wait, it is not a boys
club anymore at the Super Bowl. Like that, that paradigm
has really shifted. And, you know, it makes room for people
like me, whi
ch I'm excited about. Yeah. that it's become such a, like an
equal, uh, event for, for anyone to watch and you, you love the spectacle. I think frankly, Taylor Swift
brought so much attention in that way that has changed the
whole game for the future, right? Like, I just think there's an opportunity. Yeah. Like it was, it was dramatic and
I think it was substantial in a really wonderful way, frankly. But I, I, I mean, I noticed when
watching the game, how many spots. NYX had their spot, right?
And how many spots were focused
for women, which I think was also just like a great thing. And frankly, I want to see the same thing
the other way on things like the Oscars. Like I just think there's an
opportunity for us not to think of gender as much in our big events. Just to say people love a spectacle
and an experience no matter what it is. Well, more women watch the, watch the
Super Bowl than the Grammys, the Oscars, and some other huge thing combined. So like the Super Bowl is like, it do
esn't
matter what gender, what, you know, interest group, like it's, it's big, big,
big, big, um, and that includes women. So it's really nice to see
people waking up to that. Yeah. I also think, and this is like
my hot take, but they should just have it in Vegas every year. It's like the perfect event for Vegas. Just stay It's like operationally set up. It's like we were literally driving
and I was going with Gary and. It took us like 12 minutes to get there
and he's like, we just got here like
an hour early because we were like, Oh, okay. I guess we're going really
early to the tailgate now. Usually there's like a ton of traffic and the hotels are set up for it. Like the hospitality is set up for it. Like it was super easy. I almost like I feel bad
for New Orleans next year. Well, New Orleans is also a fun town, but agreed. Um, I guess one story before our guest. Um, we didn't really get to talk
about it, but what did you think of the Disney and Epic deal, right? Disney spent, I thin
k it's 1. 5 billion, um, which gets them something
in the neighborhood of 5 percent of Epic. But the commitment I think to game
powered experiences, both probably in park, but also then bringing the park
into the game, feels like a big moment. And I know we're going to talk to Jess
also about some in game stuff, but what are your thoughts on that deal
and what it says for the game industry? I mean, Disney continues to make some,
like, really big strides in this space, and it's interesting that
they continue
to go sort of like partner 1st with it. Um, that's what sort of stands out to me. The most obviously time will tell. So I'm not reading. Too much into, into the headlines,
but, um, yeah, it's, it's a big move. What do you, what do you think Sam? Yeah, I just think it's like,
it's the two way opportunity. I think they see the future of
experiential being immersive, which I think you and I both
believe quite, quite a bit in. And so there's an opportunity
there to really bring. Kind o
f game engine and game behavior
thinking to the Disney parks. And really gamify that experience
even more than they've done. But I, but then the other idea is like, Do they need to how could they possibly
make more money on Disney parks? Like a water bottle is 18 dollars. If you see the price per head of the
arc of the price per head from like 20 years ago to now, you've seen that
they have gamified it more and more. And then that number keeps going up. I can only imagine when it actually feeds
points back into your avatar back in fortnight that this could be a big moment. But similarly, I can see. I mean, I also think you think
the future of the immersive. Disney park could be online,
and that's the other side of it, and especially putting on, you
know, a headset or whatever it may be super immersive Disney I. P. As games. And then I think I heard
another take, which I thought was interesting was fortnight. I. P. As movies and shows that that
relationship also, I think, is a really in
teresting one just to think about
as we, as we look into the future. I agree. All right, Avery, I'm not going to
subject you to any more questions. We're going to get to Jess, after
the break, Jess Williams, Shopify. Let's get into it. Consensus 2024. Global crypto regulation, the disruptive
power of AI, the rise of tokenization. Consensus is the one event where
experts convene to talk about the ideas shaping our digital future. Join developers, investors,
founders, brands, policymakers, and ple
nty more in Austin, Texas
from May 29th through the 31st. The 10th Annual Consensus is curated
by Coindesk to feature the industry's most sought after speakers and provide
unparalleled networking opportunities and unforgettable experiences. Take 15 percent off registration
with the code GENC50. Register now at consensus. coindesk. com and I'll see you there. Today we have Jess Williams
who is joining us from Shopify. I'm so excited to have
Jess as a guest today. We have been chatting about her
j
oining the show for quite some time. Jess, tell Gen C a little bit
about you and a little bit about what you do at Shopify. Absolutely. Thanks for having me. I'm very excited to be here. Um, just saw Avery a few days
ago in a different environment, but, thanks for having me. Uh, Love Gen C, my, one of my favorites. So, excited. I am leading the brand team at Shopify. Uh, I have been here for about six months. I led the partnerships and I'm part
of the brand team when I was at Coinbase for two
and a half years. And, before that very long time at Visa. So technology, technology,
commerce, and technology. As I mentioned, have been
there about six months. So a lot of what I'm going to talk
about is my personal, um, and just what I know about Shopify thus far. Um, but a lot to learn on the
commerce side, cause it's my first foray deep into the world of e com. Well, I feel like payments, e comm,
there's a lot in common there. Um, and you've seen a lot of really
interesting things, going fr
om Visa to Coinbase to now Shopify. How have you sort of seen the discipline
evolve as people go more and more online, that discipline of brand building? How has that shifted over your career? Um, and how do you think
that continues shifting? Yeah, I think the biggest ones, are. A lot of what you talked about,
just moving into digital. I think there is such a massive digital
transformation, not just, you know, moving into social, but like deep
understanding of how to reach people online that we
just did not have before. and you know, whether it's deep SEO
trends, I mean, now our teams are working on SEO and Tik TOK because that's
where people are searching most often. I feel like one, you just have to be. So agile in the digital world and
continue to optimize no matter where or what, um, the platform is. And then, you know, just really
be incredibly data driven, on the brand side, it's hard. I mean, a lot of it is, you know, a
little bit of art and a little bit of science, but I feel
like the science
is getting more and more important as, you know, budgets get restrained
and, CFOs want to see more return. Like while there's not a huge shift, I
think solely into performance, I think the ability to measure what's most important
on the brand side is getting more and more important and really a focus on
that, you know, the storytelling and, um, where that storytelling happens. But influencer marketing, I mean, even
just coming out of the Super Bowl and, you know, a lot of the st
uff we saw there
so important now where I feel like, in my days of visa, like, we had Morgan
Freeman as the voice that got there. And that was probably the most we
had other than athletes in our spots. And now I feel like you can't do anything
without, someone who has distribution, you know, it can't just be paid. It certainly can't just be organic. Yeah. The influencers and creators of the
world are the distribution methods here. Um, those are the
biggest things I've seen. I mean, coming from.
Visa, where everything was sort of
partnership driven and sports driven and, um, big campaign driven now to
Shopify where it's really always on all the time, you know, creators are, are. You know, media network, it certainly
has been big shifts for me as a. Just also, thank you for coming on,
I know we see each other all a lot socially, but we've been literally being
like, when is she going to come on? So thank you for joining us. Very excited to have this conversation.,
I guess if I, if I loo
k at your career, there's like an interesting thesis,
which is visa is empowering, obviously large orgs, but like down to the
smallest business to sort of figure out how to build something with a toolkit. Coinbase in some respects was the A
similar type approach of how do we create some self sovereign opportunities
to own your own bank accounts to own your own financial rails. And also has a religion to it,
if you will, right within crypto. And then Shopify, I feel like was
so important in sayin
g, Hey, Amazon, not everyone has to work with you. , like, how do we figure out really flexible
ways to plug in commerce and things that ways it can feel very organic. Um, but also I think the mentality
of through like small business on up. It feels like there's a little bit
of a commonality of distribution of kind of the rails of productivity,
the rails of commerce, the ability to be successful on your own. Because that's frankly, like,
just so much more important than an Apple being successfu
l. They have all of the tools at their
disposal, but the small creators don't. Is that part of what inspires you is
the idea of powering the individual almost as much, if not more, than
powering the large organization? mean, you said it better than I could. I did have sort of a moment. I was with Keith Grossman at this event
in Toronto, the other side, you know, web three event and had this moment where I
was talking about my career and really realized that, um, a lot of where I have
spent my ti
me is sort of the network of. Distribution or the platform that's
in the middle of how people operate. I mean, Visa being the
largest one in the world. Um, it is just a network that sits
behind, you know, transactions. There's not actually a product
other than the network, which is a fascinating business. And I know you guys have listened
to the visa acquired episode. It's so good. It just is a fascinating business. That was so fun to work
on, but a complex topic. Same thing with. Crypto, I mea
n, I think a lot of people,
you know, vaguely understand what it is through, um, Bitcoin, but again, Coinbase
being sort of the infrastructure that powers so much of the crypto ecosystem,
whether it's through base, whether it's the wallet, whether it's, through, you
know, the centralized, um, ecosystem. And that again, I feel like is a
powerful piece because there are so many things that plug into being able
to, um, move crypto around the world. And Shopify is really the same. I mean, it's real
ly just a platform,
um, a very powerful one for, you know, businesses to be able to grow, um,
in whatever way is important to them. I'm constantly. Just blown away by the ecosystem
of businesses that make Shopify, um, that make money off of
being a plugin for Shopify. And you know, there are hundreds of
thousands of them, or agencies that solely operate on building for Shopify
or, you know, SEO experts that solely build for, you know, Shopify businesses. So again, it's sort of being
the central
ized place, where. Things can be built, and, the ecosystem
that exists around it is very powerful. So, yes, that has been a through
line on my career, and, um, I love that you actually put it into
words a lot more eloquently than I have, so I wrote that down to be
able to use it next time around. Sam has a way with words. And as do you, Jess. It's like, I mean, just hearing you talk
about sort of the power of Coinbase and the power of Visa, the power of Shopify
is really platforms that ultimate
ly take people to move and scale them. I think it's really powerful. And putting on sort of your brand marketer
hat, you've also been involved with many of the biggest sort of games and
the biggest activations and the biggest brand stunts, , you know, really ever,
whether that's the Olympics or, recent, I think it was two years ago now,
Coinbase is infamous, um, Superbowl spot. How do you think about those sort of? big moments. How do you think about the Olympics, the
Super Bowl, those more tra
ditional spots? Is that 7 million still worth it? Is it underpriced? You know how Gary feels about this, but
I'm so curious, like kind of your take. I mean, no question about it. It was worth it for
Coinbase in that moment. It was such a powerful moment. And, you know, Kate is such an amazing
CMO, like really understood the creative challenge there, and executed. Incredibly was the QR code heard
around the world and it did exactly what we wanted it to, which was have
a breakthrough creative mom
ent, but also, you know, have a performance
objective, which was important to Brian to bring people to the page to download,
or at least just learn about it. I think it really depends
on what your goals are. I think it's so hard
to say, is it worth it? I was just, you know, post Super Bowl
this time, you know, I love sort of digging into the details and, everyone
was saying they hated the Timu ad and yes. Like maybe the creative was not
the best creative you've seen, but have Timu sustained sinc
e that
day, 10 X has Timu been on the top downloaded apps since that day. Yes. So does team see that those
three spots were worth it? I 100 percent guarantee they do. You know, again, I think some of its ego
that, you know, you want to be there. I think a lot of it is, you know,
to be part of the conversation for that sustained amount of time. But I think for some businesses, it's
a real opportunity to drive interest awareness, which should be the things
that Super Bowl commercials do. And then,
of course, product
usage, which is hard. Yeah. But I think, you know, if you're
a not so well known product. It's a great opportunity to do so. The Olympics is a bit tougher and, you
know, Visa was so smart in the Olympics. I think if you're doing a big sponsorship
like that, you better have a ROI on the Y and you know, the only card you can
use to buy merch anywhere around the Olympics is a Visa card and you actually
have to go to a reverse ATM and put your cash in and get a Visa card in order
to. Buy merchandise. So in that instance, definitely
worth it for the revenue generation. But again, certainly there's
only a few properties that hit everyone in the whole world. The Olympics and FIFA are the two
and when your visa where you hit everybody in the whole world, like,
yes, of course, it's worth it. So I don't know. I'm always like, is it hitting
the goals that you intended it to? And how are you measuring
those kind of person? But. Certainly for Coinbase, it
was absolutely worth it
. And I'm so grateful to have been a part of
it because it was such a moment in time. Yeah, shout out to Kate. She came on the show and talked about
that a bunch of months ago and so smart. I also think like, and I think
you captured it, which is attention is so fragmented now. It is literally everywhere,
everywhere, all at once. It's really hard to make a moment. The Super Bowl is one of those few
things that allows that to happen. The Grammys, I felt like had a little
bit of that, of that rece
ntly as well. But like, yeah, I just think there's
like an opportunity to leverage those. And I think at this point to
spend is worth it because it's so hard to get that audience. Anywhere else. I guess one of the, one of my
questions, I'm obsessed with the greater economy, , similarly to right. The S the Superbowl is the fact that
like Shopify has worked with Mr. Beast and some of these other giant
creators who, frankly can become or are becoming even bigger brands than most
of the people who w
ould normally pay to be involved in their, their content. What is your approach on how do
you, you activate them as their own retailers, as their own brands
themselves, giving them the toolkits? What are like some lessons you've learned? I still think that people under index on
the greater economy and how important it is today, especially at the brand level. Without a doubt under index. Okay. I have a lot of thoughts about this
and, I have loved my time at Shopify. I came in here knowing that o
ne of my
blind spots was working with creators. We had worked with very large athletes
at Visa as sort of our influencers. Same thing with Coinbase. You know, we had a couple
of athlete partnerships. And at some point we had sort
of like affiliate programs with some large crypto voices, but
not in the same way that, I mean. Shopify, in my opinion, has one
of the most sophisticated creator influencer programs that's out there. And they've really cultivated this
because, creators are the next ent
repreneurs, they are speaking to
the next generation of entrepreneurs. And as a brand team, our goal is
to inspire the next generation of entrepreneurs to default and love Shopify. And I absolutely love that brand goal. It is such a fun one to be able
to tackle, really thinking about. Nine, 10 year olds, as they're thinking,
you know, about the future as they get into high school and college,
like having entrepreneurship being an option, which I never thought about. I was corporate America was w
here I
was going, but to be able to think of, Oh, I have an option, you know, Mr. Meese does it, or Eric does it, or Hope
Scope does it, or my favorite creator does it, I think it's such a powerful. Feeling and a very fun brand marketing
challenge on the greater side. I saw a lot of internet, voices on
Twitter talking about, , you know, Mr. Beast has a Superbowl commercial
almost every week, and I can attest that, yes, he absolutely does. And. It is actually 1 of the stats
that I used as we were
, you know, doing 1 of the retros on some
of the work we've done with him. And it is absolutely true that not
only is there a, . Outsized impact every video that goes live, but
that lives on the internet forever. And so in 10 years, when, you know, my
son is old enough to be watching Mr. B's videos, he's going to see Shopify
mountain, which was, you know, his visit to Antarctica and he placed a
Shopify flag at the top of the, you know, the Antarctica mountain and. That's still going to be return
ing on
investment for us, where, you know, most Super Bowl commercials like fall
into the ether and are never seen again because they don't exist anywhere. So, 1, I just think the lasting power
of good, creative integrations into big YouTube creators is something that
most brands do not understand and do not understand the impact of and then
I think really, you know, a couple of the commercials that use creators in
them, very big creators, they weren't using them the way that, you know, they
sho
uld be like having the creator be part of the idea generation, a part of
the, how is this going to work for us? Like, what is going to, what is
my audience going to love most? What's going to hit, what's
going to be the, if you know, you know, sort of impact. And I think they all sort of fell flat. So I'm hoping that next, you know, year,
there's some better integrations on the. Creator side, but I mean, we've
seen it, um, I'll shut up after this so you guys can jump in. But, um, you know, prime
is now, I don't
know, with 500 million a year brand, um, you know, pacing at the same pace as some
of the largest, energy drinks out there. Feastables has the ambition to
be bigger than Hershey's and they are hiring and stacking the deck
there with that ambition in mind. And the other creator products that I see
coming out, I mean, there's nobody better to be a distribution method than a massive
creator with a hundred million fans. Jess, you just said a lot of
really insightful things there. U
m, but one massive hot take
is you don't think anyone used creators well in this world? Okay, that's Not true. Zach King and Pepsi were amazing. That was my favorite one. I posted it in our internal slack and said
like, what an amazing use of perspective. It was so good. I do not mean that. I mean in the actual commercials. No, no, I think it's a really good insight, though,
because so many brands, I mean, we know, obviously, brands bring, creators out to
the Super Bowl, bring them out to those
parties, but what I, what I'm hearing from
you is it's still kind of like forced. It's like, we have this campaign. We're going to, invite you here to
go experience our Super Bowl thing. It's not really necessarily on their own
terms, which I think is really interesting and one that, I was just talking about,
uh, yesterday with the CMO of Sabra. We were actually talking about an ad
that we made for the Super Bowl like four years ago that featured Charli D'Amelio. She was like dancing and it h
ad a
bunch of different talent in it. And we were like, we should actually run
that spot this like again, because we have the rights for such a long time. And like, it would still hit. Cause it was like Megan Thee Stallion
before she was big, , like all these like kind of funny people cause the whole
message was around hummus is for everyone. We can all get behind that message. Um, it's just delicious, but I
think it was like so authentic. And a lot of times when you're just hiring
like a tale
nt, it's kind of just like, here's your script, go execute this. And they're not putting in what makes them Yes. I would also say, I don't think, and all present
company excluded, I don't think most creative agencies know how to
work with talent in the first place. Like the Verizon Beyonce
commercial wasn't good. The Jason Momoa one was terrible. To me, like you're trying to fit them
into old school advertising tropes where the world has sort of moved on in terms
of what content strategy is not
that Beyonce is never not going to pull. She, of course, she's going to
pull, but like, let her be Beyonce. Don't let her be the like, you know, the
Verizon, like, you know, am I still, I still have a signal person like that to
me is diminishing her power that you're already paying for when you do it. And I just think that's one
of the challenges that people, especially in the creator world,
they don't let them be themselves. Yeah. Yeah. Which often is so intimate. I was actually shocked we didn
't see
like a Keith Lee commercial , at the Super Bowl because like that would
have slayed it and you could let him be him and it would have been just, I
think, just much more unexpected and the unexpected is what gets the attention
at the Super Bowl versus the very tried and true. Keith Lee, like Buffalo
Wild Wings or something. They better do it next year. Chipotle, obviously. I will say, , I agree. I mean, I am so in awe of all marketers
and CMO, so I never want to like call it out, but you
know, the Addison
Rae one, like such a small part where she just popped it in her mouth,
there was so much opportunity there. And I actually think
the product is so fun. So you could have, I mean, there was a lot of opportunity,
missed opportunity, There's one that this wasn't ours, but I
thought that they did a really nice job. And Adam came on a CMO
podcast we did yesterday. Was CeraVe, like Michael Cera,
the CeraVe thing, the staging in advance, the like paparazzi shots. It just like told the
story well
on social and it was like so him and like the lo fi production. I thought all of that like really worked. I will also say even without Avery is,
and I've been obsessed with this the last couple months, is Leveraging meme
culture as an advertising strategy is exactly what CeraVe did, right? They took what was very easily a social
meme and they made it a commercial. it on Reddit. That's the Right, exactly, yeah. So like that's a great insight. Just, I want to ask you one more thing
tho
ugh before we move on, which is, cause you said something which I
thought was really interesting, which is that TikTok, you said is such a
big search engine these days, right? People don't recognize that YouTube is
still like the number two search engine. Amazon is in the top five. Like people don't look at commerce. Through the lens of search. But I do wonder that the fact that
Instagram, Tik TOK, Amazon, all these social platforms, , even still
Twitter, et cetera, like people think of SEO and
they think of Google. They're not thinking of SEO as
I think of every other platform where, which is where most of the
people are spending their time. And I guess for both of you guys, like,
how do you look at how to gamify those search algorithms to build business? I mean, there is definitely a team
internally at Shopify that is much smarter than me at this, but there is a whole
strategy now internally around how to get better rankings and tick tock search
for Shopify and Shopify merchants, wh
ich, never until they brought this project to
us, what I have thought about, but is. It's something everyone should be doing. I mean, I am searching in TikTok
all the time and I'm on the older side of the TikTok world. So, , you have to be thinking about
it in each different place and space now, are there plenty of, you know,
bad actors in this space that are, really thinking about how to gamify
and get their stuff to the top of. You know, the Amazon search, but, that's
what I mean is that the
agility that is necessary in a lot of these functions is,
I mean, it's just absolutely necessary to be able to understand the way that
each of these platforms work and be, you know, sort of like a, maybe master
of none, but, you know, experience of all so that you really can be in
all of these places, understanding how to better show up in a digital world. , every platform is different, but I
think the underlying, understanding of how important searches is probably
the thing that threads them
all. Just understanding that it's absolutely
necessary to be able to, you know, to work on your SEO and Tik TOK. Avery, do you guys focus on, on search at like our website analytics, we
get more like hits on like one single post that we do on LinkedIn per day
than we get on our website per day. So, I mean, our website,
it's not the best. So that might be part of the problem. But no, I, when I think about
it, like we just get so much better, like distribution. So much better awareness
and much be
tter engagement. Like that's where our clients and
our partners are seeing the work. They're not going to our
website and looking at our reel. They do that once a year and that's
just not how they like discover or keep up with agency news. So to me, I think that's always
been kind of like, or social first, like Gary puts out a lot
of stuff that he thinks about it. You know, if you search a lot of the
topics that he talks about, we talk about, like they show up on social, they
show up on the webs
ite too, for sure. But We invest way more of our resources
in keeping that like up to date. And TikTok is a big one of those two. TikTok isn't necessarily like B2B
play, so we're figuring that out. It's more like interested, like
our best reels are like funny things, things about our culture. No one's like, yeah, let me talk about
like media optimization on TikTok, but. We do have our head of media, um,
who posts a lot and he actually has like his own little following
where he talks about our st
rategies for media and for media buying. , so it can be interesting in that angle,
but I want to hear from Jess, because Shopify has also done a lot when it
comes to gaming and in game commerce. Can you share a little bit
about like that strategy? I think Shopify has been such pioneers or
I think you guys might even own a team or certainly sponsor and activate with many. So share a little bit. Um, I'm not sure if I'm be Yes, again, I'm still learning
on the in game commerce space. So I'm sure
Avery, you actually
have a lot of insight into this. I was talking to, your gaming lead. And he was blowing my mind with some of
the things that they are thinking about. Shopify does own a team,
the Shopify Rebellion. And, , this was a little bit of like a
passion plus, you know, business project. Gaming may be having a moment in
that, you know, it's going through a reset in the same way many,
many industries did post COVID. But there is no doubt that, e sports
is going to continue to be such a
large passion point for so many people and
that the opportunities to drive, you know, the same kind of brand awareness,
brand love, brand understanding, product usage that is done across the, you
know, traditional e Sports world, which we've seen just increase, exponentially
is the same in the gaming world. And you know, the
audience is right for us. There are plenty of entrepreneurs
that live and breathe in the gaming world, developers who we need to be
developing things for Shopify and, you
know, owning a team is a bit of a, fun
project around, is there a model here, where this can be both a great brand
builder and a business, Red Bull is the best example who has figured this out. We're not going to be Red Bull, but,
you know, there are certainly like big opportunities for the Shopify Rebellion
to win world championships, to, you know, be a deep part of the ecosystem in the
gaming world, to continue to grow it. We, you know, own as many
women's teams as we do. You know, men's tea
ms. And so, you know, there's just a, I
think a real opportunity to like show who the brand is, and it's certainly,
you know, something that Toby cares about, but it's also deeply embedded
in who the audiences we're trying to target and, the folks who we, you know,
want to know and understand Shopify. And in the long run, there's plenty
of opportunity for end game commerce that we're keeping our eyes on, I want to double tap on one thing
because you just said you all sponsor, you know, sort of e
qually
between women's and men's sports. And I know that's one of your passion. Areas as well. Like, you've always
sort of loudly champion. This is sort of investing
in women's sports. It being an underinvested area, sort of
underpriced attention invader language. Can you share a little bit about like
how you think about that? Yes. I mean, this grew out of, um, shout
out to Kate Johnson, who leads all of the sports sponsorships at
Google, but something that was just became a grain to my brain at
Visa. They were so passionate about making
sure that we had equal investments in women's and men's sports. And, on the media side as well, it
was something that became very, Central to their renegotiations, with the U. S. Women's soccer team and men's soccer
team, and a pretty public place. I played basketball growing up. I'm a huge WNBA fan, probably 1
of the biggest there is out there. And, you know, I always talk about how
I used to go to games and there was no 1 there there for the longest
time. It was like, literally me and probably
the 30 other, women with their daughters who were there watching the
Phoenix Mercury as we were growing up. And it just feels so amazing right
now for women's sports to finally be having the moment that they deserve
and people really paying attention. It is still wildly underpriced. So my, you know, recommendation is
for anybody who wants to get into sports sponsorship as a, , brand test
as a way to really think about it. Not that that's the right r
eason is
because it's vastly underpriced, but because, you know, the more people
that see this, that can then see the return on investment or the brand goals
that you have really being done there. You know, the more investments that will
come, but it's, , in comparison to things like the NFL or the NBA, there's so much
opportunity to get in at a level that makes sense for even small brands and. Women are powerful. We have a lot of money to spend. We have a lot of passion points. There's certainl
y more
categories that make sense. I mean, think about all the
fashion and beauty and, you know, nails and women's products. There's a lot of opportunity more
so than I think on the men's side. Last point is that, you know,
again, women's sports, especially with NIL on the come up, it's
just getting larger and larger. And I think we're going to see
just an absolute explosion. For all categories, whether that's
volleyball or basketball, or, I mean, tennis is already the one to be caught,
but,
I have no doubt that women's sports will continue to grow exponentially
and people will find that there is just a massive opportunity to get in on the, ground floor of
something incredible. And Jess, I just want to get your
quick take on something that Avery and I talk about a lot, which is in
game commerce already is like a 50 billion industry for digital. Goods, primarily cosmetics,
skins, things like that. You have an entire generation that's
growing up spending more time in game worlds tha
n they are in, you know, they're
not turning on TVs, they're, they're launching a video game when they get
home, they're like playing with their friends, it's a social opportunity. So these 3d game engines that are
then going to power experiences that they're having hours and hours a day
should also be the future of where they shop for real world goods. And I think you actually
hit it, which is like. If I'm a beauty brand and I'm designing
outfits and skins and makeup looks, the ability to buy t
he same lipstick that my
avatar wears and have that drop shipped to my house feels like a An easy, an
easy one and even when Avery and I spoke to Pia from BMW a couple days ago, they
spent a lot on their Fortnite experience and you can do all this customization. But like, to me, the fact that you can't
book a test drive from within Fortnite, that you can't put a 1, 000 deposit
to like book your car and customize it in the game for actual purchase,
is just the area we need to get to. And I just w
onder, because I know, Roblox
has talked a little bit about creating almost a Shopify for, uh, for Roblox,
like how you guys think of just the real world aspect of plugging in purchase
behavior for, for real goods in, into I mean, I think that's the
biggest opportunity and, Avery probably knows a bit more under
the hood on the roadblocks side. But, I know a lot of their desires to
keep commerce within that ecosystem, but I mean, so much opportunity for,
Shopify stores to be plugged in there. An
d, certainly we've done a
lot with tick tock already. The TikTok shop is powered, you
know, on a infrastructure by Shopify. And so, you know, can Roblox
Commerce also be there? I sure hope so. But I agree with you. Like, I want to buy anything that I
am, you know, working with, playing with, doing on, and the in game
commerce aspect isn't just the skins that I think everybody thinks about. It's everything. Um, I was just talking to Paris,
Paris Hilton's team yesterday at 11, 11. And, you know, s
he's, name, drop I didn't want to um, I was just chatting to Paris but I wasn't talking to me in Paris, for hanging. I mean, she's like the commerce queen,
everything is a commerce moment. And I feel like that's how
everyone should be thinking. We talked to Jimmy's team all the time. Like they, people should be able to
buy everything that he is showing. Working on doing eating within the
videos and they also think like that. So I think that is soon to come, but
commerce in everywhere is like the
future. I mean, let's just call it what it
is, which is like people want to buy what they're seeing and it should be
an easy opportunity for everywhere. Um, not just in game, in
video, in YouTube, live stream, wherever you want it. I love it. And Jess, I know you are a
huge fan of all things Paris. Paris was also the metaverse
queen, the queen of the metaverse. Now she's reinvented herself
again, queen of commerce. She's perpetually doing that new new and
staying ever relevant, um, which is why
we love her., speaking of sort of staying
relevant, you have been very deep in the blockchain space, and I know Shopify has
to, I think, back, you know, 23 years ago, very early adopters in the space. Um, can you speak a little bit
to, you know, is that still a big part of the strategy? Is it something you guys
are keeping an eye on? Like, where does that sort
of fall in your priority list as as a head of brand? I'm still deeply in the
space and love it deeply. I think Shopify has always been
t
here and we have smart, very smart folks internally working on it. I wouldn't say it's the
top priority right now. However, if merchants want to use
it, like we'll be ready there for the tools that they need to use it. But you know, we'll continue
to grow with the industry. I. Like my personal opinion,
huge fan, love it. I know a lot of the leadership
team at Shopify thinks the same. But right now, certainly a lot
of other things like AI that are top of the list for how we can help our merchants
grow their business. Amazing. So Jess, last question, , you
just mentioned AI. When we think of things like autonomous
agents just making purchases on our behalf, when we think of like
the Apple Vision Pro, everything can be a commerce opportunity. Like, what just gets you excited from
a tech perspective of how consumers are going to be engaging with
Shopify product, um, and therefore, your, your customer's product down the road. at least in our winter editions that just
went live, a lot of the
things that are so exciting and inspirational to me is how
we're empowering merchants to be able to use AI to help them build their business. I mean, there are such small
things that are so, onerous on. Entrepreneurs and business owners to be
able to do and to have so many AI driven plugins that allow them to really hand
this over to an automated task and free them up to think about other things. Um, everything from like. Business name generator to, um, you
know, being able to write product de
scriptions for them to generating
the right photos or, you know, cleaning up their photos for them. I just think like the talent inside
at Shopify that is thinking about how AI can fix the very onerous
world of business building is. So awesome. And, super inspirational for
me as a consumer on that side. I definitely can't wait to get
my hands on the Apple vision pro. I think building creative experiences
in there and thinking about how the future of commerce like lives there,
obviously, hopefull
y people aren't walking around with those things on
all the time, but I do think like the future of experiences is going to live
in there and, you know, to be able to really innovate commerce alongside of it. Something that I'm super excited about. All right, Jess, thank you for
being such an exceptional guest. Also, really nice to hear you say so
many positive things about Shopify. This whole conversation, like it's
not every day when a guest is so complimentary of their company. It seems like
you really love it. You think your team there is brilliant. So congrats on the new role. Congrats on all the exciting
things you are building there. And thank you for joining us on Thanks for having me. Love you guys. Thank you, Jess. Um, Uh, Avery, we love Jess Williams, such
a good friend of the show, such a great supporter of the show, but
also just a brilliant mind that I'm so glad we were able to get on. Any hot takes from the interview? I mean, the hottest take was she thinks
nobody got c
reators right at the Super Bowl, which is, which is a perspective. And I think it's one that's probably
grounded in, she sees like what really best in class looks like at Shopify where
their business is built on creators. So that is one thing that stood out to me. And just seeing sort of the commonality
of like, you know, that through line of the companies where she's worked
really being these platforms to empower others and using these big moments to. You know, drive that commerce, but
also dri
ve that engagement and buzz. I thought it was really interesting just
to see that from three different angles. How about you? Same. It makes me think of the fact that
there are still so many people who run brands who we don't know who they are. And that's like to be mid
sized to large brands, like. You know, Gary is like the perfect
example of someone who just put himself out there from the very
beginning to say, I also want to be the brand as much as anything else. And I think you're doing a fa
ntastic job
with that as well as the rest of the team. Like, I do think that, the brands
aren't trying these tools enough. I was listening to an interview this
past, I think it was yesterday about how many of the folks who went to join
Twitter in the last days before Elon Musk bought it, that so many of those
people sort of use it as a point of pride that they didn't actually use Twitter. Right. that was just like a really interesting
insight of like, you hire these people. They're happy to be t
here based
on an old ethos, but they're not looking at the product themselves. And they're not also like out
there championing the product. Like you are, and my, like
we're always out on these channels. Sorry, to make sure I'm understanding
this correctly, they didn't use Twitter, but they got hired there. It was, yeah, it was, it
was from this week's pivot. And they said, uh, they're talking to
some folks who are, one of them who's writing a book on Twitter and said. In the last eight last year
s of Jack
Dorsey, that the, a lot of the folks hired to work at Twitter were not
actually actively on the product. That's true. It's so many platforms, Sam. Like, I just did a dinner last night
with, a platform and like, a lot of the people who work there don't
use it or don't use it like, often, which is so interesting to me. Obviously, there's the like,
outside in perspective. And that might have some merit, but
I can say at Vayner, we just deeply believe in like practitionership, like
we do t
his podcast, like we're in it, we're trying new things, we're getting
hands on , at least for me, that is always how I can like really understand
like what works and what doesn't. But, you know, I think outside in can
certainly work in, in certain cases come in with a totally fresh perspective, I guess. But going back to Jess, like, like
imagine being someone who was in a brand that's dealing with e com who is not
so deeply ingrained in how the Shopify experience works, the Amazon shopping
exper
ience, like all that stuff is the only way you can get there to understand
what's that last mile to get someone over the line from a commerce perspective. And I think that to me is like the
biggest takeaway of like, they're, they're actually a great brand that
has thought through that experience of how do we make someone's life easier. And how do we sort of give them a toolkit
that says, we'll just take this away. And that is where, where
she ended, like AI has the opportunity to hypercharge tha
t. So that I think is a, is a, is a great
insight that I, I just was inspired to see, but also I think is a big,
like, it's a big red flag for brands that they have to really be playing
in these, in these toolkits and comfortable at a senior leadership level. That this stuff is what's
changing the world. You guys say brands live on social. If those leaders aren't on social,
they're not going to know that. Totally. I couldn't agree more. And Jess was the perfect person
who like, lives and breathe
s it, which we love. Alright, Avery, gonna let you go. Thank you for everything. Happy Valentine's Day. I know this will air after it,
but you deserve all the love. And we'll see you soon, Gen C. Happy Valentine's season, Gen C! Peace.
Comments