Polen Perspectives: The E-Commerce (R)evolution

At Polen Capital, we seek to harness the power of e-commerce and other long-term trends by investing only in high-quality companies that can contribute continuous and robust earnings growth to our portfolios.

Key Themes

• How disruptive business models are defining what it takes to be successful in e-commerce
• Which companies we believe stand to benefit from the secular forces driving the e-commerce revolution
• The role of fast growth e-commerce companies in Polen’s investment portfolios
• What is Polen’s approach to investing in fast-growth e-commerce companies

Read our thought piece on the E-Commerce Revolution →

Q&A Highlights

• Opening remarks about Polen & introduction to the topic (0:19)
• Why are we talking about e-commerce now when these business models have been around for a while? (2:35)
• What are some of the characteristics & industry jargon used to describe e-commerce business models? (7:38)
• Why do companies choose different e-commerce business models & what are the potential operating benefits? (9:43)
• How do business models factor into Polen’s investment approach when looking at fast-growing e-commerce companies? (16:01)
• What’s role do e-commerce companies play in the small, large & emerging markets growth portfolios? (18:40)
• How far along in the e-commerce journey are we for both business & consumers? (25:38)
• What are some observations about what it takes for e-commerce companies to be successful? (26:39)
• How do innovators stand to potentially benefit from the forces driving the e-commerce revolution? (30:56)
• What are some of Polen’s investment guardrails that are used to evaluate portfolio companies? (35:03)
• How does the expansion of e-commerce help smaller companies compete & is there a threat for large companies? (36:12)
• What are some potential challenges or opportunities Polen sees for e-commerce in the future? (41:35)
• Closing remarks & opportunities to connect with Polen (44:11)

Read our thought piece on the E-Commerce Revolution →

Important Disclosures
This information is provided for illustrative purposes only. Opinions and views expressed constitute the judgment of Polen Capital as of November 2021 may involve a number of assumptions and estimates which are not guaranteed and are subject to change without notice or update. Although the information and any opinions or views given have been obtained from or based on sources believed to be reliable, no warranty or representation is made as to their correctness, completeness, or accuracy. Opinions, estimates, forecasts, and statements of financial market trends that are based on current market conditions constitute our judgment and are subject to change without notice, including any forward-looking estimates or statements which are based on certain expectations and assumptions. The views and strategies described may not be suitable for all clients. This material does not identify all the risks (direct or indirect) or other considerations which might be material to you when entering any financial transaction.