Marketing Efficiency Ratio is a Better Metric than ROAS | Nigel Thomas | Alpha Inbound | Bonus Ep
Having previously built a 7-figure agency and consulted many 7 and 8-figure DTC brands on their marketing strategy, Nigel knows what it takes to implement complex paid social campaigns at scale.
He is the CEO of Alpha Inbound, a growth marketing agency that helps Shopify brands find higher quality traffic on Meta & TikTok for less by creating, testing and scaling highly engaging UGC content.
In This Conversation We Discuss:
- [00:00] Intro
- [01:20] How Nigel started with Alpha Inbound
- [02:38] What makes Alpha Inbound different
- [04:00] The partners that Alpha Inbound works with
- [05:40] Alpha Inbound’s “secret sauce”
- [08:06] MER gives a wider perspective
- [09:25] MER makes the attribution problem simpler
- [10:40] Marketing isn’t just direct response advertising
- [11:08] Branding vs direct response advertising
- [12:08] SMBs want to be brands but they don’t know how
- [12:33] Questions to ask before investing into paid ads
- [14:39] An agency that is great asks more questions
- [15:15] Are the “agency horror stories” their own fault?
- [16:40] VC-backed companies are pressured
- [17:02] Why Chase doesn’t to work with funded brands
- [17:29] Brands, trust the agencies’ processes
- [17:54] Economics, resources, expectations
- [19:08] How to grow from a million
- [19:52] What should your LTV and margins be
- [20:22] How Alpha Inbound puts together content
- [21:22] Volume to test, systems to make volume
- [21:59] Looking at ROAS and day 1 attribution
- [23:22] Budgets doesn’t instantly mean success
- [24:48] The platform always wins
- [25:02] Percentage of gross revenue to invest in growth
- [26:14] You really have to pay to play
- [26:37] What if you can’t spend $10k on ads?
- [27:40] Where to find Nigel
Resources:
- Subscribe to Honest Ecommerce on Youtube
- Performance digital marketing agency who empower DTC Brands by sending high-quality traffic into their Ecosystem alphainbound.com
- Connect with Nigel linkedin.com/in/nigelthomas-ai
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