Lab-Grown Marketing

Why Clicks Don’t Equal Cash (and What to Track Instead)


Listen Later

Back from Cannes and still reeking of overpriced rosé, Peter and Jon tackle the pain point marketers love to hate but can’t stop obsessing over: measurement. In this episode, they take a flamethrower to the click-through cult and ask the real question: why are we still chasing metrics that don’t matter?

First up in From the Feed, the boys unpack the 95-5 rule thanks to a spicy little post from a French professor and dive into why most brands are over-indexing on the 5%. Can we finally just agree? Brand is the real engine of demand.

And why do 8 out of 10 marketers still worship at the altar of click-through rate? You know… the metric that hasn’t correlated with purchase intent since like, ever. Can Jon and Peter talk some sense into the cult of CTR? They introduce the CMO Scorecard — a smarter framework for measuring what actually matters (creative, media, and outcomes) and explain how your obsession with CTR might be negatively impacting your brand’s performance.

Finally, in the Synthetic Salon, they welcome Fannie Duke (not Annie, obviously), the probabilistic princess of poker and marketing realism. She explains how in both games and marketing, you can make the right decision and still lose. So then, just how much does measurement matter in a game of chance?

 

03:07 From the Feed — The 95-5 Rule Receives Pushback

11:29 Million Dollar Data —  Enough with Click Through Rates Already

17:51 Mental Model —  How to (and NOT to) Think About Measurement

35:07 Synthetic Salon — Probabilistic vs. Deterministic (ft. Fannie Duke)


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

Lab-Grown MarketingBy Peter Weinberg and Jon Lombardo

  • 5
  • 5
  • 5
  • 5
  • 5

5

3 ratings


More shows like Lab-Grown Marketing

View all
Pivot by New York Magazine

Pivot

9,590 Listeners

The Rich Roll Podcast by Rich Roll

The Rich Roll Podcast

11,912 Listeners

a16z Podcast by Andreessen Horowitz

a16z Podcast

1,093 Listeners

The StoryBrand Podcast by StoryBrand.com

The StoryBrand Podcast

1,934 Listeners

Founders by David Senra

Founders

2,140 Listeners

The Daily by The New York Times

The Daily

112,872 Listeners

The CMO Podcast by vYve & Jim Stengel

The CMO Podcast

349 Listeners

Uncensored CMO by Jon Evans

Uncensored CMO

33 Listeners

Huberman Lab by Scicomm Media

Huberman Lab

29,265 Listeners

The Ezra Klein Show by New York Times Opinion

The Ezra Klein Show

16,099 Listeners

The WARC Podcast by WARC

The WARC Podcast

10 Listeners

The Rest Is Politics by Goalhanger

The Rest Is Politics

3,145 Listeners

Marketing Against The Grain by Hubspot Media

Marketing Against The Grain

357 Listeners

The Louis Theroux Podcast by Spotify Studios

The Louis Theroux Podcast

551 Listeners

Prof G Markets by Vox Media Podcast Network

Prof G Markets

1,388 Listeners