Thanks mate, you helped me a lot with this presentation. You changed me for managing director to marketing guru in 10:24. Greetings from down under, down under (Tasmania). Stay safe!
This video is amazing! I've learned so much in 10 minutes. It's very straightforward, extremely helpful. Never liked and subscribed on a YT video this fast. Thanks!
Thanks for your support!! It can be difficult being in a position where you're just starting out (we've been there too!) so we're glad you found this helpful :)
Hey Sean, thanks for the awesome content! Regarding calculating the max CPC part 4:47 can you please explain how you come up the result with the max CPC $800?
Max CAC (Customer Acquisition Cost), is the max you are willing to pay per customer. So my example was if you make $1000 for each customer (LTV) and wanted 20% profitability that would make your CAC $800
@@LYFEMarketingAtlanta Thanks! The example on the video is 10% profitability. I think that made the difference. So I don’t need to think about the expenses when calculating CAC right?
@@LYFEMarketingAtlantawhat about the cost of goods sold? In this example it only costs them $10 to produce a provide they sell for $100? That’s a pretty large profit margin.
How do you determine an annual marketing budget if you are a new company planning a marketing strategy who hasn't even launched yet? Meaning no sales have been made yet.
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QUESTION: What's the most amount of money you've ever spent on a marketing campaign?
Thanks mate, you helped me a lot with this presentation. You changed me for managing director to marketing guru in 10:24. Greetings from down under, down under (Tasmania). Stay safe!
Thanks for watching and commenting!! Your comment will be praised throughout our company! :)
Couldn't have said it any better. Thank you!
Glad you liked it!
I learned a lot in this video, thank you!
Very welcome!
This video is amazing! I've learned so much in 10 minutes. It's very straightforward, extremely helpful. Never liked and subscribed on a YT video this fast. Thanks!
Wow, thank you so much!! We're so glad you've found our channel, and we can't wait for you to see the videos we have coming up :)
This video has some awesome tips in it! Very helpful!
I'm so glad!
Very insightful and helpful!
Very good!
Great explanation ❤❤❤
Glad it was helpful!
This is way too much premium information packed into this free video lol, great work!
Haha thank you so much!
Definitely tackled a BIG topic in this video! Thanks for sharing, very helpful info for business owners looking into marketing! LYFE SAVER
Glad you enjoyed it!
This was the most helpful marketing vid I’ve ever watched 🥺🙏
Glad it was helpful!
Excellent Content that allows me to plan a fact based budget, but also challenge the Company's top-down budgeting estimate and constraints
Thank you for watching, we're glad our video helped you!
HOW GOOD IS TOO GOOD I WONDER! YOU ARE THE ANSWER
Thank you so much!
Awesome content! This is great for someone like me to see (a new UA-camr) so I actually subscribed because of this! Thank you. Keep them coming! 🙌🔥🔥
Thanks for your support!! It can be difficult being in a position where you're just starting out (we've been there too!) so we're glad you found this helpful :)
Hey Sean, thanks for the awesome content! Regarding calculating the max CPC part 4:47 can you please explain how you come up the result with the max CPC $800?
Max CAC (Customer Acquisition Cost), is the max you are willing to pay per customer. So my example was if you make $1000 for each customer (LTV) and wanted 20% profitability that would make your CAC $800
@@LYFEMarketingAtlanta Thanks! The example on the video is 10% profitability. I think that made the difference. So I don’t need to think about the expenses when calculating CAC right?
@@LYFEMarketingAtlantawhat about the cost of goods sold? In this example it only costs them $10 to produce a provide they sell for $100? That’s a pretty large profit margin.
Thanks for the video… it was very clear and helpful. 🙏👍
Glad to hear that!
You guys have such great content! Thank you for creating these videos!
Thank you so much!! :)
I've learnt a lot from this video. Thank you so much, bro!
Glad it was helpful! Thanks for watching :)
Very well explained
Dope Video with great information !
Appreciate it!
thanks alot. awesome video.
Glad you liked it!
Great video! Thanks
Glad you liked it!
How do you determine an annual marketing budget if you are a new company planning a marketing strategy who hasn't even launched yet? Meaning no sales have been made yet.
We'd recommend you take the Growth Method approach (7:04 mark), meaning a budget that's as close to $1K-$2K a month as you can afford.
Hello Sean, can you explain 5.52 time stamp where u mentioned roas 1.25 how u calculated that can u explain it please
The formula for ROAS is net income/total assets!
What if you are brand new and have not made any sales?
We'd recommend you still have a marketing budget! Did you find this video helpful?
@@LYFEMarketingAtlanta where would you recommend to start?
nice cap