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7. Giving and reaping rewards: A conversation with ShopBack’s Joel Leong

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Manage episode 283445385 series 2768703
Content provided by Leap by McKinsey. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Leap by McKinsey or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
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Listen to the podcast (duration: 21:53) > In this episode of The Venture, we discuss how to introduce a proven business model in different markets, localize that model for the new region, and fertilize it to become the market leader. Joel Leong, CEO and cofounder of ShopBack, explains how the company positioned itself as a pre-shopping destination to cement user loyalty, how it used performance marketing to unearth and exploit unexpected customer segments, and its upending of the established pay-per-click model with a cost-per-sale approach—one it intends to transplant into the offline space.

See www.mckinsey.com/privacy-policy for privacy information

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29 episodes

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Manage episode 283445385 series 2768703
Content provided by Leap by McKinsey. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Leap by McKinsey or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Read more >
Listen to the podcast (duration: 21:53) > In this episode of The Venture, we discuss how to introduce a proven business model in different markets, localize that model for the new region, and fertilize it to become the market leader. Joel Leong, CEO and cofounder of ShopBack, explains how the company positioned itself as a pre-shopping destination to cement user loyalty, how it used performance marketing to unearth and exploit unexpected customer segments, and its upending of the established pay-per-click model with a cost-per-sale approach—one it intends to transplant into the offline space.

See www.mckinsey.com/privacy-policy for privacy information

  continue reading

29 episodes

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