The Andrew Faris Podcast

Taylor Holiday, CEO of Common Thread Collective and DTC super-genius, talks about unconventional business growth strategies like negative CAC and longform explainers in a collaborative podcast with The Andrew Faris Podcast. They dive into the importance of prioritizing tasks and discussing challenges in sociological data interpretation. The conversation also covers expanding teams with talent from the Philippines, optimizing customer engagement, and the effectiveness of long-form video ads.

Discover the growth journey of men's skincare brand PrettyBoy, tackling challenges like unprofitable ads and supply chain issues. Learn how they turned things around in 2023, hit profitability, and crossed seven figures in 2024. Insights on creative ads, manual bidding, LTV, and supply chain solutions are shared, making this episode a must-watch for aspiring entrepreneurs.

Discussing the decision process for advertising products with low sales but potential. Emphasizing factors like gross margin, lifetime value, total addressable market, inventory position, and operational lift. Introducing a 5-part framework for strategic product selection. Highlights the importance of creative effort prioritization and upcoming content.

Countless ecommerce operators complain about getting taken for a ride by agencies, freelancers, and software companies. In this episode I explain the most important thing you need to know to avoid the frustration and costs of having that happen to you—and to scale your business profitably in the long term. The key? Point of view. EPISODE SPONSOR Virtual assistants can be helpful. Virtual professionals can transform your business. Get connected to incredible ecommerce talent from the Philippines with More Staffing by visiting ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://morenow.co⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠/af. EPISODE HIGHLIGHTS [00:00:45] Developing Clear POV [00:03:23] Business Principle Universality [00:09:10] Team building insights [00:11:17] Auto vs. Manual Bidding [00:13:23] E-commerce creative importance [00:15:41] Ad Strategy Methodology [00:18:59] E-commerce growth insights REFERENCED IN THIS EPISODE Learn More About AdMission: https://bit.ly/3x99lip 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

Learn about Jack Rubin's phenomenal success in growing a $50M+ DTC business through extreme focus on core funnels and scaling ad spend efficiently. Dive into discussions on subscription funnels, ad targeting, lean OpEx, customer LTV, and balancing brand vs. performance marketing strategies. Discover key insights on operational excellence, customer retention, revenue generation, and the importance of simplicity in strategic decision-making.

Learn why 'ugly ads' work from ecommerce expert Barry Hott. Discover strategies for socially native ads and creating impactful emotional connections. Explore cost-effective staffing solutions and scaling expertise. Decode success in media buying and the importance of authenticity in communication.

"Test creative until you have statistically significant results, then scale the winners based on that." That seems like good advice on first glance. How can you disagree with methodical testing that's attentive to good statistical principles? Because it's almost impossible to actually do without burning huge amounts of money on Meta, for one, and for two, it's unnecessary anyway, since Meta's machine learning can use better methods of forecasting your creative's performance than frequentist-style stat sig tests. Yes, this one is getting into the weeds. Hopefully it helps clarify more of why you absolutely positively should not run auto-bid creative testing campaigns on Meta. EPISODE HIGHLIGHTS [00:00:55] Creative testing strategies for meta ads. [00:05:10] Frustrations with new creative. [00:07:16] Creative testing campaigns on Meta. [00:11:15] Auto bidding creative tests. [00:14:25] Statistical significance in ad testing. [00:17:48] Ad Performance Analysis. [00:19:56] The pitfalls of ad testing. [00:24:41] Creative performance and optimization. [00:27:17] Meta's machine learning forecasting. [00:30:51] Creative testing in advertising. [00:33:19] Prediction at scale EPISODE SPONSOR Virtual assistants can be helpful. Virtual professionals can transform your business. Get connected to incredible ecommerce talent from the Philippines with More Staffing by visiting ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.morenow.co⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. REFERENCED IN THIS EPISODE "My Exact Creative Testing Method For Meta Ads" (Spotify, Apple) My Twitter Conversation With Zach Stuck On This Topic: https://bit.ly/42JsbZ0 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

Explore the journey of Beardbrand from organic YouTube success to cracking the Meta Ads code. Learn about strategic ad account building and optimization, Shopify analytics for revenue growth, and the importance of creative content in online advertising. Dive into bid caps, CPA targets, and balancing writing with video creation for effective marketing. Discover innovative strategies for engagement and get valuable insights on ad campaign optimization for long-term profitability.

We're taking a break from the tactical, but this episode is no less practical. Taking a full day completely off of work every week has been one of the most important practices for keeping my relationship to work in its right place in my life while also providing the rest required to perform at work at as high of a level as possible. In this episode, I explain how the ancient practice of Sabbath has unique power for people like me who love our jobs, and I give practical recommendations on what has made it work for me. EPISODE HIGHLIGHTS [00:01:19] Setting aside one day. [00:04:29] Work-life balance struggle. [00:06:25] Sabbath as a repeatable process. [00:09:13] Setting work boundaries. [00:11:51] Rest and work productivity. [00:14:49] Work-life balance. [00:18:00] The value of work. [00:22:02] The perils of chasing success. [00:24:28] Deeper purpose beyond work. [00:27:47] Diversification strategy for joy. EPISODE SPONSOR Virtual assistants can be helpful. Virtual professionals can transform your business. Get connected to incredible ecommerce talent from the Philippines with More Staffing by visiting ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.morenow.co⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. 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

My last episode with Jones Road Beauty CMO & CRO Cody Plofker is the most popular episode in my podcast's history. Which meant it was time to bring him back. This is a wide-ranging episode in which Cody and I talk about how to think about Contribution Margin as a dollar amount (instead of just efficiency metrics like MER or aMER), how to forecast a DTC brand effectively, and how to use the concept of a "unique mechanism" in your DTC ad messaging. EPISODE HIGHLIGHTS [00:52] Cody's switch to bid caps. [03:39] Joining Slack groups for support. [07:12] Removing the pacing mechanism. [08:52] Bidding and budgeting strategies. [11:23] Ratio targets and contribution dollars. [14:23] Tying marketing to financial metrics. [17:20] ASC cost caps and lowest cost. [21:32] Relying on meta for demand. [22:37] Supply chain management in e-commerce. [26:23] Product launches and exclusivity. [29:12] Adjusting bid caps for sales. [31:41] Delayed attribution and Black Friday. [33:23] Making adjustments and comfort levels. [37:12] By-product value of advertising spend. [39:30] Bid multipliers and targeting. [41:19] In-store sales and advertising. EPISODE SPONSOR Add supply chain experts to your team at a drastically lower cost than you're expecting by hiring More Fractional Supply Chain, a service of my friends at More Staffing. Visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.morenow.co⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and use the code AJF20 to get 20% off your first 3 months. AFP EPISODES REFERENCED IN THIS EPISODE "Cody Plofker Goes DEEP On Meta Media Buying" (Spotify, Apple) "With $10M In Revenue And $0 In Ad Spend, Isaac Medeiros Is In A Class Of His Own" (Spotify, Apple) "Briefing A Longform Explainer Ad For Bambu Earth Live (With Dave Rekuc)" (Spotify, Apple) OTHER RESOURCES REFERENCED Dave Rekuc's CXL Forecasting Course Ogilvy On Advertising Breakthrough Advertising FOLLOW UP WITH CODY Sign Up For Cody's Newsletter: ⁠https://www.codyplofker.com/newsletter⁠ Follow Cody on X: ⁠https://twitter.com/codyplof⁠ Hire Cody On MentorPass: ⁠https://www.mentorpass.co/me/codyplofker⁠ 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