EP305 - Amazon and Shopify Q1 2023 earnings 

Amazon and Shopify both reported their Q1 2023 earnings last week.

Amazon had a strong first quarter, slightly over-shadowed by it's slowing AWS growth.

Shopify also had strong Q1 2023 earnings although it did not achieve profitability. Shopify also announced a second reduction of headcount and announced that they were selling all of the recently acquired logistic assets.

Don't forget to like our facebook page, and if you enjoyed this episode please write us a review on itunes.

Episode 305 of the Jason & Scot show was recorded on Thursday, May 4th 2023.

http://jasonandscot.com

Join your hosts Jason "Retailgeek" Goldberg, Chief Commerce Strategy Officer at Publicis, and Scot Wingo, CEO of GetSpiffy and Co-Founder of ChannelAdvisor as they discuss the latest news and trends in the world of e-commerce and digital shopper marketing.

Transcript

Jason:
[0:23 ] Welcome to the Jason and Scot show, this is episode 305 being recorded on Thursday May 4th May the 4th be with you I'm your host Jason retailgeek Goldberg and as usual I'm here with your co-host Scot Wingo.

Scot:
[0:39 ] Hey Jason and welcome back Jason Scott showed listeners Happy Star Wars Day May the 4th be with you hope everyone had a great Star Wars Day Jason people can't see you but you are wearing your Jar Jar Binks cosplay.

Jason:
[0:53 ] I kind of assumed people just assume I'm always wearing that.

Scot:
[0:57 ] You should do the whole episode and jar jar speak well said Jason what's a new at the Amazon what.

Jason:
[1:10 ] I feel like people don't get the jar jar one I did I did do an act during covid-19 doing all this pitch theater online I did a pitch on Halloween in a Darth Vader mask.
And we won the pitch so I feel like I should be doing costumes more.

Scot:
[1:28 ] Awesome you guys intimidate them and it's called the Darth Vader intimidation closed when you wear the Vader the Vader suit.

Jason:
[1:34 ] Exactly exactly and it had the voice changing thing and so it is.

Scot:
[1:38 ] Honest I find your lack of faith yeah there's a lot of death lot of lot of puts you can use in a pitch.

Jason:
[1:48 ] Yes unfortunately not a large enough chunk of the total addressable Market are Geeks.
If you like is wrong I know how I got in this like funky like creative advertising world with all these I kept custody clients like I totally don't fit in.

Scot:
[2:09 ] Yeah been a misfit toy my whole life so sir not going to stop anytime soon embrace it Jason.

Jason:
[2:15 ] Yeah it was announced today that we won a big new client lvmh and so I like went on LinkedIn and joke that like it was largely thanks to my my stature is a luxury influencer.

Scot:
[2:29 ] Nice congrats your tick-tocks on luxury have one the death.

Jason:
[2:32 ] I know I know for a long time people were like why are you wasting your time with that and now they know.

Scot:
[2:38 ] Who will we have it's been a while since we dropped a pod because we both had spring breaks and then you've been traveling a bit so it's great to be back.

Jason:
[2:49 ] Yeah it's super fun to catch up with you and with the audience.
I feel like the last show we did was right after shoptalk so I did get to see a bunch of folks and now you know it's a treat your season is starting to heat up so I have a bunch of upcoming trips so.
If listeners are going to any of these shows make sure you make a point to catch up with me and you could see the jar jar costume.
In person so I'm actually doing this show from.
The famous Mayflower Hotel in Washington d.c. because I'm in town for the.
Home and Commercial products Association I'm doing the keynote for their annual conference tomorrow morning.
And then I'm going to sap Sapphire which is their big customer show in Orlando in on May 15th if you like.
There's a fair amount of our listeners that go to that show and then to fun ones that are you know core Commerce shows after that we have Commerce next by our friends Scott Silverman is in New York in June so June 20th.
And I'll be doing some fun stuff stuff on stage there and then in RFC you know has their kind of future looking executive digital Summit.

[4:07 ] On the beach it Tara no in Rancho Palos Verdes it's called the inner F Nexus on July 10 and all both be giving a keynote and I will also be interviewing Kara Swisher so I feel like.
I'm going to spend an hour just making fun of Scott Galloway with her.

Scot:
[4:25 ] Nice yeah that's good the dog dog is off the porch whoo.

Jason:
[4:30 ] Exactly