Ahhh...Is there anything more satisfying than an optimized budget? And a fish metaphor đŁ
Shout to @wickedreports for the fantastic Meta tips!
Next up: DTC pro and CEO of Airboxr @saptarshinath on how to "Run Ads that Actually Drive Profits".
This legacy approach required developers and sysadmins and IT staff and consultants and . . . you get the idea.
All in the maintenance costs was in the high seven-figures.
Our first step was always moving off legacy infrastructure ASAP.Â
Plug-and-play off-the-shelf ecom allowed us to focus on building a team around the things that moved the top line (revenue).
One of the players that had a seemingly pretty clear crystal ball throughout this unfolding saga was Scott Desgrosseilliers and his merry crew of developers and data analysts over at @wickedreports
6. @wickedreports - Wicked is one of our favorite tools for attribution. Too often, we see brands having challenges understanding how their ad spend performs across multiple channels. Wicked gives our team awesome optics to help our clients scale
Join Scott Desgrosseilliers, CEO of @wickedreports and @iamjustinb as they deep dive into how to retain clients using full funnel marketing attribution.
Streamed live in our free Facebook Ad Buyers group on April 18, 2023 at 9:30am PST.
Join the group: facebook.com/groups/13229936âŚ
A "Multi-touch" approach is a much more accurate indicator of where and how to invest marketing dollars.
However, last touch is especially heinous since impulse purchases of SaaS are a very rare occurrence.
Join Scott Desgrosseilliers, CEO of @wickedreports and @iamjustinb as they dive in and look at uncovering the hidden ROAS with MOF traffic.
Streamed live in our free Facebook Ad Buyers group on Thursday, January 12th at 10am PT / 1pm ET.
Join here: facebook.com/groups/13229936âŚ
I have a bone to pick with Blended CAC as your goal.
Letâs run through it with some simple math.
âBlended Bobâ loves using blended CAC because he knows that as long as he hits the CAC number, he can keep spending. However,
This professional approach requires CAC for TOF, MOF, and BOF.
So, optimize each step of the funnel for its own CAC.
And move ad spend based on TOF/MOF/BOF targeting and conversions measured for that step.
You likely need top of the funnel to get them interested in the brand, middle of the funnel to excite them toward the purchase, and then some hodgepodge of retargeting, abandoned cart campaigns, SMS, and email to get them over the finish line to becoming a customer.
The big problemo with this approach: top media buyers prioritize the top and middle of the funnel campaigns. Those are the campaigns that drive the conversion bus, not branded search.
Those pesky customers - they donât always like to convert as fast as you want.
Well - the fastest way to lower CAC is to move ad spend into good âol branded search. After all, Google shows that you are CRUSHING it on Branded Search! Just gotta get 2 more conversions into the bank to keep that nice CAC number at $100 right?