· By Jordan West
Ep 507: Hot Takes On DTC Twitter Ep 1 - Do CPCs Even Matter?
Relying solely on optimized traffic to be a good marketer isn't the way forward. Marketers need to be vigilant and skilled in analyzing ad performance beyond just platform optimization.
In this episode, Jordan West shared why he believes that cost per click is a crucial metric for ad performance, and why relying solely on optimized traffic doesn't cut it. It's a heated debate worth listening to, with strong opinions flying around. With real-world examples and hard-hitting truths, Jordan leaves no stone unturned as he delves into the heart of this contentious issue.
Listen and learn in this episode!
Key takeaways from this episode:
- Understanding the relationship between cost of traffic, conversion rate, and cost per acquisition is crucial for effective advertising.
- When using 7-day click and one-day view attribution window on Facebook, the platform optimizes for conversions rather than just clicks.
- Marketers should pay attention to their click to purchase rate as a more meaningful metric for ad success, alongside keeping in mind the importance of CPCs.
- The significance of CPCs in determining the effectiveness of advertising and the performance of ad content.
- Emphasizing the importance of being a proficient and strategic marketer, rather than solely relying on platform optimization.
Twitter Link:
https://twitter.com/zachmstuck/status/1730594775806419110
In this episode's sponsor is Revenued - is a financial technology company that provides businesses with revenue-based financing solutions. Instead of relying on credit scores or collateral, Revenued offers funding based on a company's revenue. This allows businesses to access capital quickly and repay it as they generate income.
Learn more here: Revenued