Podcast | Episode 452

How LoriBeds.com Navigated a Very Tough Year

It’s been a tough few years for many eCommerce brands, and in this episode, we’re chatting with Brenden Marquardt, owner of LoriBeds.com, a brand of really beautiful murphy beds that are functional, affordable, and made in the U.S. Brenden has built an amazing business that has also faced a pretty challenging period, over the last six months in particular, and we’re diving into some of the challenges they’ve faced, as well as what they’ve done to weather the storm.

Listen in as Brenden shares how the brand came to be, how raising prices led to a rebrand, and the importance of finding the right value proposition. We also get into the supply chain challenges that Brenden has faced, what he’s done to overcome them, and how a website redesign turned out to be a game-changer.

You’ll learn:

  • How LoriBeds.com started. (5:20)
  • What made the past year so hard for the brand. (7:45)
  • The difference in margins that a year can make. (14:55)
  • How increasing pricing affected the brand. (18:50)
  • The result of making investments in the business. (31:05)
  • Some of the big wins they’ve had. (42:35)
  • Lightning round with Brenden. (46:20)

Subscribe: iTunes | Stitcher | Amazon

(With your host Andrew Youderian of eCommerceFuel.com and Brenden Marquardt of LoriBeds.com)

What Was Mentioned

 

Andrew Youderian
Post by Andrew Youderian
Founder and Chief Instigator, eComFuel Andrew quit an early finance job to sell CB radios online — an admittedly unorthodox career path. It set him on a course to found and sell multiple businesses, host a decade-running podcast, lecture at Harvard Business School and create eComFuel, the leading community for 7- and 8-figure online business owners. Andrew is fascinated with branding, AI, building community, investing and growing meaningful businesses that don't require sacrificing what truly matters.
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