Migrating a Fourth-Generation, Family-Owned Business Online

Migrating a Fourth-Generation, Family-Owned Business Online

By Mission

Within the last five years, outdoor gear company Sherper’s has gone from less than one percent of its business revenue coming from ecommerce to now having a 50/50 split between in-store and online. And for this fourth-generation family business, that move to online has been both challenging and rewarding.

As an old-school mom and pop business, Sherper’s has always prided itself on building personal relationships with customers and providing a level of customer service you won’t find with the big guys or digitally-native companies. So finding a way to create a digital experience that allowed Sherper’s to scale its operation yet maintain a personal touch was a top priority for the company. Leading the way in that journey is Nathan Scherper, the President of Sherper’s, who has come a long way from those days of scrubbing toilets for the family business when he was just 12 years old.

On this episode of Up Next in Commerce, Nathan takes us behind the scenes of how Sherper’s built out its ecommerce platform, what its competitive edge is over the Amazons and Walmarts of the world, and how the Sherper’s online platform performed when the pandemic forced more people than ever before online and in search of outdoor goods to cure their cabin fever. Plus, Nathan provides some insights into what it takes to keep a family business running for multiple generations, and why hiring talent is less about skills and more about personality. Enjoy this episode!    

Main Takeaways:

Hire The Person, Not The Resume: Personality matters and should be a driving force in your hiring process. Most people can be trained to do a job, so the key thing you have to do is identify the person you want to hire and understand their current skill set. Then, gauge what they are willing and able to do for the company and train them to do what makes sense.Compete Where You Can Win: It’s tempting to go all-in on paid advertising to try to compete with the big guys. But if you’re a smaller company or start-up, there’s no way that your budgets will be able to match those of the giants. Your investment is better spent elsewhere, like finding a niche influencer who can form an actual connection with your customers. So find where you get the most bang for your buck.Pent Up Demand: Many people believe that as the world opens back up, the desire to get out and shop is going to lead to a boom for retail, particularly small businesses. Customers have learned that they can buy necessities from the big guys online, so the weekend outings are more likely to be to local shops and restaurants and will lean more toward impulse buying.

For an in-depth look at this episode, check out the full transcript below. Quotes have been edited for clarity and length.

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