What’s the first thing that you do in the morning? If the answer is “get coffee”, you might be interested in today’s interview. Jim Fosina created Amora Coffee, a premium coffee subscription service. Listen in to learn about how the scent of the coffee matters when you’re running a subscription coffee service, what the customer journey looks like for Amora customers, and how customer behavior changed during COVID.
Topics Discussed in Today’s Episode:
- The difference between Starbucks customers and Amora customers
- How Amora got started
- How Amora utilizes scent
- Consumer engagement
- Whether a free giveaway would work without the subscription product
- How Amora uses its subscription platform
- The customer journey for Amora coffee customers
- Whether Amora roasts to order
- How Amora approaches the subscription shipments
- How Jim thinks about customer retention rates
- Suggestions for growing a high-priced, premium brand from zero
- Whether buyer behavior changed during COVID
- Why espresso is becoming more popular than before
- Amora’s best customer acquisition channel
- How communication with customers has changed and will change in the future
- How a low switching costs barrier affects retention
- Moving purchasers from a one-off purchase to subscription
- Whether Amora would consider a white label partnership
- How to define and measure a brand
- How Jim sees ecommerce evolving
- Jim’s number-one piece of advice for entrepreneurs
- How you find mentors
Resources:
Jim Fosina
Amora Coffee