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- Issue 092: The 3rd Age of Effectiveness š
Issue 092: The 3rd Age of Effectiveness š
+ Building a Simple Ad Analysis Process
Can we all just spare a thought for all those folks who have to put on fancy corporate clothes and deal with real life people for a living?
While we sit here in our Superman undies tippity-tapping on our computers, sipping coffee, wine, bourbon, macha, whateverā¦ letās not forget our colleagues āin the minesā as it were.
Hereās to you. š»
| TWEET OF THE WEEK
Every person I know who becomes a CEO has the EXACT same struggle:
Context Switching
When running a studio/holdco, context switching goes into OVERDRIVE.
Here are my 5 best tips for dealing with it:
1/ Reduce it.
Duh. Donāt fall victim to it and just deal. Find ways toā¦ twitter.com/i/web/status/1ā¦
ā Jesse Pujji (@jspujji)
4:18 PM ā¢ Feb 18, 2024
I was on a call recently with some talented media buyers about creative testing strategies and production processes.
I am not a media buyer, but understanding how the data we see can dictate production and creative decisions is so important to make great ads.
So many people focus on net new ideas; honestly, you might just be one minor edit from a high-performing ad.
We will chat about how to look at the data and then make those edits for your ad account.
1. Let's get back to the data basics
There are many metrics you can look at, but here are six metrics that I focus on:
1. Hook Rate or Thumbstop Ratio = 3-second Video Plays / Impressions.
This metric helps us understand if we are getting viewers' attention or if they are scrolling away within the first 3 seconds of the ad.
2. Average View Duration
This metric lets you see where people are losing interest in the ad and scrolling away in the ad.
3. Average View Duration % = Average View Duration / Length of Video
All videos have different time lengths, so it is good to see how much of the video they watch on average.
4. Hold Rate = ThruPlays / 3-second video plays
This metric is a ratio to show how interested viewers are in the ad content, not just the first 3 seconds of the video. Retention in the video is essential to understand.
5. Click Through Rate (CTR)
A click doesn't mean they will buy, but at least we can see if they want to learn more.
6. Return On Ad Spend (ROAS) **
The goal is to get people to buy, so you want to see the return on your ad spend be positive, not negative. ROAS gives us a good view of purchases from an ad.
** If ROAS is not your north star metric, it may be MER - that should replace ROAS. The goal is to answer this question, does this ad help hit your goal? I like to look at ROAS, but I know other media buyers and people have other targets they look at.
| TOGETHER WITH YOTPO
Itās 2024. There is simply NO excuse to be sending irrelevant texts to your customers.
Okayā¦ but HOW? How do I stop sending stupidly irrelevant texts to my thousands of customers?
Yotpoās got the full scoop on your subscribers. šµļø
ā¦and with the nuclear meltdown of your email marketing channel as of the beginning of February, you might also be thinking that right about yesterday would be a sweet time to put a bit more focus on your SMS strategy, right? (Or, at least you ought to be thinking that.)
Thatās what Yotpo is thinking, too. š But not just any olā generic spray-and-pray SMS campaigns. In 2024, we send smart SMS.
Plan Intelligently: Save time on planning with data-driven recommendations from AI that actually works and 180+ shopper engagement data points to guide your segmentation & messaging strategy.
Engage Effectively: Ignored messages suck. šļø Deliver only relevant, personalized messages at the most lucrative moment, skyrocket engagement AND revenue with friction-free experiences like Click-to-Buy.
Grow Sustainably: Scale confidently. Get smart spending recommendations, maintain a lean and effective subscriber list, and expand globally with 200+ supported countries.
If you havenāt seen DTC social these days, hereās a hint: Everyone is getting Yotpo SMS demos to see what the fuss is about. š³
| YOUTUBE UNIVERSITY
The 3rd Age of Effectiveness
| QUICK SHOTS š„
@binghott: Stop breaking the law in your ads and websites (and anywhere else)! I put together a thread of @RobertFreundLaw's most valuable threads so far to help keep you and your brand out of court! Bookmark theseā¦
Ben Zettler: All the talk is about First Party Data. What is it and more importantly, how can you use it?
Alexandra Greifeld: There Are Only 4 Types Of Employees You Will Hire. Hopefully you'll never encounter #4.
@RyeMcKenzie: You guys are in for a treat today. I had my team whip this up last night. It's our internal SOP to creating bulletproof landing pages. We followed this exact process to make my brand $100m in 3.5 years
Jon Ivanco: Talk to a customer next week. Ask them real questions about who they are. Build a better business.
| HERE FOR THE MEMES
| AND IN OTHER NEWSā¦
| GET LINKED
Iām pulling back the curtains on my WINNING ads.
I havenāt seen any brand founder or marketer do this before, so Iāll be the first.
In this video, Iāll walk through our winning ad creatives, how Iām going to iterate them - and how you can benefit from the learnings, too.
These 4 minutes cost me $78,382 in ad spend - but you can get the learnings.
| YOUāRE HIRED
Brand
CMO / Director of Growth & Ecommerce (Super Speciosa)
Lifecycle and Retention Marketing Director (Tipsy Elves)
Brand Manager (ResBiotic)
Senior Media Buyer (Bryan Anthonys)
Wholesale Account Exec (Bryan Anthonys)
E-commerce Manager (Glade Optics)
Director of Growth Marketing / Demand Gen / Paid Acquisition
CX Assistant Manager (Flux Footwear)
Senior Content Writer (DMoose)
SaaS
Growth Lead (SARAL)
Senior Media Buyer (Remotely Talents)
Got a job you want us to list? Let us know.
| THE OUTRO
Weāre outta here, yāall Enjoy your weekend! Donāt buy too many Trump shoes, but definitely make lemonade out of lemons in similar fashion if you get a chance.
Adios! āļø