The Brand Marketing Show

How This Simple Email Strategy Boosted Our Ecom Profits By An Amazing 106% (In Just 90 Days)


Listen Later

If the only time you email your list is when you're running a sale, what do you think happens? Your customers start waiting for the sales. They see your regular-priced products and think, "Nah, I'll wait. They'll have a sale in a couple of weeks."

And then you're stuck in this cycle where you have to keep discounting to generate revenue, which destroys your profit margins and devalues your brand.

But here's the part that most brands don't actually sit down and calculate: the math of discounting is absolutely brutal, especially when you factor in the high ad costs we're dealing with right now.

Let's say you discount your products by just 10% – which seems pretty modest, right? – you need to sell 25% more volume just to make the same net profit.

Now, let's add in the reality of paid advertising to drive traffic and win new customers.

So now you're discounting by 10%, which means you need 25% more volume. But to get that volume, you're paying on average $50 ad spend per purchase (even more during peak promotional periods).

Do the math. The amount of extra sales you need to generate just to maintain your profit margin increases drastically. You could need to sell 40%, 50%, even 60% more just to end up in the same place profit-wise.

And for what? So you can say you had a good Black Friday? So you can compete with every other brand throwing discounts around?

It's exhausting. And frankly, it's not a sustainable way to run a business.

But here's where the strategy we've been talking about – using your email database smartly, building customer loyalty, focusing on repeat purchases – completely changes this equation.

In this episode, we discuss the practical steps you can take to lift your return on ad spend by 300-400%.

Links mentioned in this episode:

If you'd like help to achieve your goals, I invite you to have a chat to find out how we can make that happen together HERE By booking a Free Growth Strategy

https://productpreneurmarketing.com/lets-talk

Other Ways To Enjoy This Episode:

Listen on Apple Podcasts

Listen on Spotify

Youtube

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

The Brand Marketing ShowBy Catherine Langman

  • 5
  • 5
  • 5
  • 5
  • 5

5

6 ratings


More shows like The Brand Marketing Show

View all
Build Your Tribe | Grow Your Business with Social Media by Brock Johnson

Build Your Tribe | Grow Your Business with Social Media

2,627 Listeners

The Amy Porterfield Show by Amy Porterfield

The Amy Porterfield Show

4,597 Listeners

The Foundr Podcast with Nathan Chan by Foundr Media

The Foundr Podcast with Nathan Chan

571 Listeners

Shopify Masters by Shopify

Shopify Masters

381 Listeners

The Marie Forleo Podcast by Marie Forleo

The Marie Forleo Podcast

1,652 Listeners

Love to Sew Podcast by Caroline Somos & Helen Wilkinson : Sewing Enthusiasts and Entrepreneurs

Love to Sew Podcast

1,098 Listeners

ABC Rewind by ABC

ABC Rewind

41 Listeners

The Product Boss: Business Coaching for Product-Based Female Entrepreneurs by Jacqueline Snyder

The Product Boss: Business Coaching for Product-Based Female Entrepreneurs

890 Listeners

How I Made It by The Australian Financial Review

How I Made It

20 Listeners

The Startup Ideas Podcast by Greg Isenberg

The Startup Ideas Podcast

208 Listeners

The Mel Robbins Podcast by Mel Robbins

The Mel Robbins Podcast

20,079 Listeners

The Lazy CEO Podcast with Jane Lu by Jane Lu

The Lazy CEO Podcast with Jane Lu

10 Listeners

Big Business with Brittney Saunders by Nova Podcasts

Big Business with Brittney Saunders

9 Listeners

SHE-TALKS with Lisa Jones by SHE-com

SHE-TALKS with Lisa Jones

0 Listeners

The Pay Off with Sylvia Jeffreys by 9Podcasts

The Pay Off with Sylvia Jeffreys

16 Listeners