The Bottom Line: Ecommerce Tactics for Profitable Growth

Ep #021: Optimizing Scale by using Cost Cap Bid Strategy on Facebook (with Dan McCormick)


Listen Later

In this episode, Dan McCormick, the Founder, and CEO at Create Wellness, will be talking about how he’s been using cost cap bid strategy on Facebook (with the assistance of Kynship) to be their fastest rising D2C client.

TIMESTAMPS

  • [03:36]: Dan’s background.

  • [08:20]: Create Wellness brand overview.

  • [09:57]: The launch progress & projected goal of Create.

  • [11:15]: Marketing channels.

  • [13:45]: Utilizing relationships in pitching Create.

  • [15:30]: Dan's philosophy.

  • [19:13]: Feedback from Influencers.

  • [24:00]: Facebook ban on Create's ad account


    • [26:51]: Issue at the beginning of launching ads.

    • [27:49]: Eye opener for launching creative pieces for Create

    • [29:57]: Facebook ad performance.

    • [32:03]: Lessons from product launch.

    • [35:45]: Subscription model for acquiring more customers.

    • [37:22]: Advice to brands.


    • KEY LESSONS & QUOTES 

      • “Creative drives company brand, company brand then drives creative” – Dan McCormick

      • “The top-down approach has its place in a company, but there's also a place for listening to who your product resonates with and then building from that.” - Dan McCormick

      • “It’s not worth doing pay for post influencer in your first 6-12 months until you don't need very strict ROAS calculations on what that placement's going to get you.” – Dan McCormick


      • Cody Wittick: Twitter‍

        Taylor Lagace: Twitter


        Never miss an episode by subscribing via Apple Podcasts, Spotify, Stitcher, Google Podcasts, Amazon Music, or by RSS!

        ...more
        View all episodesView all episodes
        Download on the App Store

        The Bottom Line: Ecommerce Tactics for Profitable GrowthBy Cody Wittick & Taylor Lagace

        • 5
        • 5
        • 5
        • 5
        • 5

        5

        16 ratings


        More shows like The Bottom Line: Ecommerce Tactics for Profitable Growth

        View all
        eComFuel Podcast by Andrew Youderian | e-Commerce Entrepreneur

        eComFuel Podcast

        312 Listeners

        Ecommerce Playbook: Numbers, Struggles & Growth by Common Thread Collective

        Ecommerce Playbook: Numbers, Struggles & Growth

        72 Listeners

        2Bobs—with David C. Baker and Blair Enns by David C. Baker and Blair Enns

        2Bobs—with David C. Baker and Blair Enns

        259 Listeners

        All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

        All-In with Chamath, Jason, Sacks & Friedberg

        9,927 Listeners

        Limited Supply by Nik Sharma

        Limited Supply

        151 Listeners

        OPERATORS by OPERATORS

        OPERATORS

        50 Listeners

        The Andrew Faris Podcast by Andrew Faris

        The Andrew Faris Podcast

        24 Listeners

        Marketing Operators by Marketing Operators I Connor Rolain I Connor MacDonald I Cody Plofker

        Marketing Operators

        11 Listeners

        Scalability School by Scalability School

        Scalability School

        9 Listeners