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The Hidden Place Your Business Is Losing TONS Of Money

The Hidden Place Your Business Is Losing TONS Of Money

FromThe Andrew Faris Podcast


The Hidden Place Your Business Is Losing TONS Of Money

FromThe Andrew Faris Podcast

ratings:
Length:
26 minutes
Released:
Jul 4, 2023
Format:
Podcast episode

Description

I'm convinced most ecommerce brands have a massive cost center that they have no idea exists. In fact, they probably think it's a profit-center.
In this episode, I explain how deeply understanding the value each dollar your ads are creating saves you from acquiring mass amounts of unprofitable customers–and how Meta Ads has a tool built perfectly to solve this problem without you ever having to think about it again.
IMPORTANT NOTE
The Andrew Faris Podcast is now available on YouTube. For episodes like this one that have a screenshare, that's the best place to listen & watch.
EPISODE HIGHLIGHTS

[00:00:21] Hidden cost center in advertising.
[00:05:30] Threshold ROAS determines profitability.
[00:10:14] Incremental ROAS is crucial.
[00:18:30] Use bid caps for profitability.
[00:23:08] Is this the reason your bid caps don't work?

EPISODE SPONSOR
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FOLLOW UP WITH ANDREW

Follow Andrew on Twitter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠@andrewjfaris⁠⁠⁠⁠⁠⁠⁠⁠⁠
Email Andrew: podcast@ajfgrowth.com
Work with Andrew: ⁠⁠⁠⁠⁠⁠⁠⁠⁠www.ajfgrowth.com⁠⁠⁠⁠⁠⁠⁠⁠⁠

EPISODE MUSIC

Music Intro: "⁠⁠⁠⁠⁠⁠⁠⁠⁠Tell Me Mama⁠⁠⁠⁠⁠⁠⁠⁠⁠" by The Devious Means
Music Outro: "⁠⁠⁠⁠⁠⁠⁠⁠⁠Rusty Little Scissors⁠⁠⁠⁠⁠⁠⁠⁠⁠" by The Devious Means
Released:
Jul 4, 2023
Format:
Podcast episode

Titles in the series (94)

Andrew Faris has been growing ecommerce brands since 2014 as everything from a media buyer to the head of strategy at Common Thread Collective to the CEO of 4x400, a DTC aggregator. Join him every week to learn the nuts & bolts of how to grow ecommerce brands, always shared with refreshing candor.