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đđœ Welcome to the newest DTC members: Voxy, Cabinet, Boreal Brewing, Sparq, Vita Drop, and many more whoâve joined in the last week.
(Did a good friend send this to you? Be sure to subscribe here)
This weekâs newsletter is all about simple âforce multipliersâ that you can apply in your advertising to tip those scales to get outsized performance gains âïž
Hereâs whatchya gonna get:
đŠ Write a lot of copy? Or emails? Or anything that involves typing? We give you a simple typing hack that saves tons of time
đŠ A checklist that will help you write more persuasive copy (every time)
đŠ 3 best practices to get your Snapchat Ads game on point for Q4
đŠ The simple calculation for more accurate day-of ad performance reportingÂ
đŠ 3 Facebook Ads rules to setup now so that you save money on bad days, and make more profits on good days
LETâS GO
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We couldnât believe we hadnât heard about this sooner.Â
Did you know you can âBackspaceâ more efficiently with these two shortcuts?
Having written almost 25,000 words of DTC Newsletters, weâre excited about this one.
Weâre always on the lookout for simpler approaches to writing high-converting copy.
Evaldo Albuqurqueâs The 16 Word Sales Letter is a framework you can run your landing pages through to find quick opportunities for improvement.
Since we know youâre DYING to know what those 16 words are, here you go:
âThe secret to converting copy is to define the one belief, then answer these ten questions.â
Letâs break it down:
The One Belief is made up of three parts:Â
Hereâs one of many examples of the One Belief provided by Evaldo for Febreeze:
âAdding a pleasant smell at the end of your cleaning routine (new opportunity) is the key to keeping your home looking fresh and clean (desire) and itâs attainable only through Febrezeâs OdorClear
technology (new mechanism.)â
With the One Belief established, use Evaldoâs 10 Questions as a checklist:
The better you answer these questions, the more persuasive your copy will be.
And if youâd like to get inside the mind of an Agora Financial copywriter, dive into Evaldoâs process in The 16 Word Sales Letter here.
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Usually in the shadow of Facebook and Instagram, Snapchat can be a powerful addition to your advertising efforts. We asked Pilothouseâs resident Snapchat Ads expert, Grayson Rudzki, for 3 best practices that you can use to add fuel to your Q4 fire đ„
Be sure to test all ad placements, but youâll likely end up dedicating most resources to the âOnly User Storiesâ ad placement.
While it has a higher cost per swipe up (CPSU), it also has way higher intent. âMost of my daily budgets are story placements,â says Grayson.
They are tragic if done wrong (they're more pricey) so iterate and test lots. To avoid Snapchat Story Ad tragedy, Grayson recommends the following:
Get momentum on these before Q4 and nail down winners.
Unlike Facebook and Instagram, where you can use conversion events right away, Snapchat requires you to âwarm upâ the pixel, first.
In order to get access to certain bid types (e.g. sign ups, add to carts, purchases), you must be driving at least 50+ attributed conversions over a rolling 7-day period.Â
So Grayson recommends allocating more budget to your Snapchat ads now so that you can unlock all your pixel events before Q4.Â
(Afterall, the last thing you want is to start a Snapchat campaign one week before Black Friday, and you canât optimize for purchases đŹ)
âYouâre not running Snap ads for performance until you have the purchase goal unlocked imo,â Grayson says.
Find out more about Snapchatâs pixel events here.
Snapchat is relatively cheap to build your audience, but it can be costly to convert. Focus on using it to generate leads that you can later convert with email, SMS, and Facebook retargeting.Â
Build these lists now.Â
Anyone whoâs run ad campaigns at scale knows that factoring in delayed sales can be tricky.
âSince FB attributes the sale when the ad was interacted with, it means customers that click our ad but take a while to decide, donât see another ad but come back and buy days later, that is actually attributed to the day or counted in Facebook when they saw the ad, not when purchase was made,â says senior media buyer, Taylor Cain.
The more expensive your product is, the longer your attribution window will be. And the longer the attribution window is, the more challenging it is to have an accurate picture of performance on any given day (because there are still sales that will come in the following days).
To help solve this problem, Taylor developed a concept called the ROAS Multiplier.Â
Itâs a simple calculation that factors in the âliftâ that delayed sales have had over a 4 week rolling period, giving you a more accurate picture of day-of ROAS.
(Revenue Difference) / (Monthly Ad Spend) = ROAS Multiplier
Revenue Difference = Totally Monthly Revenue - Day-Of Revenue
Provide example with real numbers
Then all you need to do is apply the ROAS multiplier to your most recent dayâs ad spend to get a projected delayed revenue.
Add that to your day-of revenue and now you can gather your projected ROAS lift based on your actual spend that day.
Track it on a regular basis using excel formulas, etc. and youâll have key lift insights and projections that can help guide budgeting and testing decisions to come.
He also says, âIt comes in huge with client communication on months where day-of may be lower than our target and our actual is on target or even higher.â
Check out the ROAS Multiplier in action in this Reporting Dashboard template.
Hereâs the foundation:
How the multiplier works:
Ultimately:
Comes in huge on months where day-of may be lower than our target and our actual is on target or even higherâŠ
Really useful for client communication too
Weâre now factoring this into Q4 planning
i.e. what day-of ROAS can we afford based on historic projections to really scale up spend
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Charley T gives 3 simple rules that will help your save money on bad days, and push spend on good days:
If your campaign budget is $100, set a rule to increase it by $20.00 at the beginning of the day.
For example, if your target CPA is $20, and at 75% of spend ($75) you have a $25 CPA, delivery will be turned off.
This ensures that if youâve exhausted your budget while performance is going well, the rule will increase budgets to accommodate more profits.
Charley also recommends putting a rule in place to reset auto-scaled budgets at midnight.
Last week, Carthook sent out a notice with good and bad news. The bad news: As of September 1st, Carthook will accept no new customers.Â
The good news is a little more ambiguous, but Carthook reports that theyâre hard at work to build a new version of the app which supports post purchase checkouts and is compatible with Shopifyâs checkout.Â
Carthook promises to keep all current accounts alive and serviced, so donât worry if your campaigns rely on the tool (for now).
We werenât able to dig up more info on exactly whatâs happening here, but itâs worth keeping an eye on.
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Have you ever wondered what itâs like to be in the mind of a Head of Growth at a top DTC brand?
Learn how to not only think like a growth marketer, but also how to put together a small ânâ mighty growth team for your DTC brand in todayâs cast with Hydrantâs Head of Growth Margaret Fortner.
Tune-in to Margaretâs data-focused thinking and learnâŠ
đ What does the Head of Growth do, anyway?
đ How can you make data clear so that it tells a story?
đ Why simple testing goals will keep you out of the weeds
đ How Margaret has grown an efficient growth team
đ And lots more
Get your sneak peek of this weekâs DTC Podcast 24 hours early, right here!
How do you scale customer support in a post-COVID era when traffic is overwhelming your support team & operations?Â
If youâre unprepared with how Ecommerce is evolving, hereâs some tips you can use:
đ Respond quickly to incoming tickets. Even if you canât handle it right away, let the customer know youâve gotten their request and are looking after it.
đ Automation. Find a Helpdesk that can resolve repetitive questions so that support agents can focus on complex issues.
đ Personalized responses. Let your customers know thereâs a human touch at the other end. They want to feel that theyâre being looked after by a real person.
If youâre afraid of whatâs to come, our partners at Gorgias may be able to help you with Customer Support issues.Â
Get 2 months free by booking some time here:Â
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Share DTC with your friends, build a smarter network, and weâll give you cool rewards.
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đ” Mailchimp making moves: @normandj88 and head of Pilothouseâs Email team reports that Mailchimp is making moves to provide a similar level of data testing to Klaviyo. âExciting for Mailchimpers because deep data analysis has typically been super hard on Mailchimp for automations and multivariate testing of flows was basically non-existent.â
đ©đ»âđ» UX/UI Design: This quick guide on Medium by Uyen Vicky Vo on how to modernize UI for DTC websites. She gives multiple examples of exactly how brands who get it design their sites to be simple, straightforward and just the perfect amount of âhipstery.â Worth making a free account, or subscribing to Medium if you donât.
đŠ Thread: @Taylorlegacy just whispers sweet influencer tips in our ears weekly. In this thread he compares traditional influencer posts with influencer sponsored ads (white listed influencer ads). Taylor elaborates on dynamic content funnels that filter people based on view time, using influencer posts and other UGC to walk the customer towards the purchase. If you have ANY questions on the step-by-step process of reaching out to influencers and pitching a sponsored partnership, make sure to check out Taylorâs newest thread on exactly that, here.Â
đ Podcast: Another quick dip into the DTC Podcast vault had us listening to Dave Huffman from Microbe Labs dive deep on advanced performance tactics like free plus shipping (controversial but effective), as well as the nearly forgotten strategy of using reg path traffic to drive initial purchases.Â
đ»Dashboard Flex: This @taylorholiday thread invites DTC twitter to share their company master dashboards. Itâs very cool to see how everyone actions around their company data, which tools they use, which and which metrics are most important. Take a peek to see if thereâs something youâre missing.Â
đ§ Brain Hack: We revisited @wizofecomâs advice to wash the dishes if you need to solve a big problem. âDoing AN AUTOMATED, second nature act will take pressure off you & aid you to work through complex problems.â
đApple Feud: As marketers we hold our breath as Apple threatens to divorce itâs data from your Facebook pixel, itâs nice to read this ZDnet article which calls for a more conciliatory tone, reminding Apple that itâs the apps like Facebook and Instagram that make their devices worth having. The article examines Appleâs holier than thou stance regarding data, and compares this stance to some of the charges leveled by EPIC and others, that Appleâs âunevenâ treatment of some apps. We just hope they can all realize they need each other and work it out quietly.
đ€Open Source AI: One area where Big Tech doesnât seem to have a problem working together is on A.I. where Google, Microsoft, Facebook, Amazon and others have all embraced working in Open Source protocol âto foster innovation and reach maturity faster.â Iâve often said that the next big revolution will be personal A.I. butlers who know us better than we know ourselves, to whom we licence our data, and give them permission to be as honest as weâre ready for.
đșđž Political Spending Break: Political spending on Facebook Ads is off the charts in the run up to the US elections, raising our cpms across the board and hair triggering false account suspensions when they tune the algo too tightly. Thatâs why we were relieved to see that Zuckerberg plans on pulling the plug on political spending on his platform one week before the election, giving all of us DTC folks a little more elbow room at the table leading up to BFCM.Â
đș YouTube Top Ads: Not enough advertisers are using YouTube to its fullest capacity. The content that works there is not exactly like FB creative, but itâs not that different either. Did you know that Google posts the top ads across YouTube every month? Check these out for examples on how to tap into this endless traffic source for your brand. Â
đ©đŒâđ« Back to School (Ads): Not all DTC readers are parents, but those who are, are probably a little conflicted this week. Back to school has always been a fun time, filled with familiar smells, sounds, and faces, but this yearâs a bit more complicated for many. After spending the whole spring and summer at home with kids, Iâm ready for some good old fashioned peer pressure to chime back into their socialization process. This blog on Khoros.com highlights several excellent back to school ad campaigns and dives into why theyâre so effective.Â
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