
Sam Redfern - Canva's shift from digital attribution to world-class model - Part 3
Champagne Strategy
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Introducing a New Cost to the Business
Introducing a new cost requires careful consideration of its impact on the established budget, particularly in a context where previous approaches may have felt free of such costs. When proposing this new expense, it is critical to quantify and justify the investment against potential returns. A solid approach involves assessing whether to increase the budget—if the investment yields enough return to warrant doubling—or to decrease it—if the channel appears oversaturated and no longer productive. This model emphasizes the importance of evaluating investments thoroughly to maintain sustainability within the overall media strategy.
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