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- Tuesday, 23 April
Tuesday, 23 April
đŁ Running a B2B and want to reach 33,441 DTC Brands? Start here
Ask Ibrahim: If you need advice for your business, ask our DTC expert here
Hi to all of you looking to improve everyday!
Yesterday, you learnt about 10 evergreen Copywriting frameworks.
The frameworks will skyrocket your ad CTRs, however, if you see your ad ROAS declining, itâs most likely due to your rising CPMs
And in our todayâs edition, youâll learn how to tackle rising CPMs.
After take Ibrahim will take over with his hugely popular column and go through the best shopify apps in his personal experience.
Rising CPM?
Ibrahimâs Nuggets: All things Shopify tech stack and how they can help you..
Top 3 Latest News: Alibaba eyes 1st investment in Korean e-commerce platform and more
Letâs get into itđ
WHATâS HOT ON SOCIAL MEDIA
Since thereâs a $5K incentive to the winner, a few really good P&L templates are being shared, and we didnât want you to miss out on that, so you can check out the tweet here and find those templates in the comments
SARAL
đ¤ The next (profitable) marketing channel after Meta Ads isâŚ
Good news. Your brand is growing. You're feeling good. It's time to scale. It's time to reach more people. But wait. You want to maintain your authenticity and personal touch. You can't just throw money around; you have to be smart about it. What can you do?
3-second answer
Influencer marketing.
27-second answer
Influencers bring with them - awareness, trust, creativity.
đ Choose the right influencer to partner with â You get a ready-made community of potential customers.
đ° Work with nano or micro-influencers and make them your long-term brand advocates. There's something for every budget.
đ Play your cards right, and influencer marketing can be one of the most cost-effective ways to scale your marketing efforts.
With SARAL, 200+ brands are building their full-stack influencer marketing campaigns because it automates the mind-numbing tasks and lets them focus on what's important. SARAL is your one platform to discover influencers, automate reachouts, ship products, track sales and more.
Have questions? Their team has the answersâ
RISING CPM
One of our clients said, "I have been running my ad account for 1 year, & I'm seeing a surge in my CPM now; I think it's due to my competition."
Let's break 2 myths here before we address the Elephant in the room - CPM.
Your competition always exists, but it has little to no influence on your ad account performance.
Your CPMs depend on your creatives rather than the platform.
âCan I manipulate my CPM?" A short answer is "YES!"
Here are 3 Ways to reduce your CPM:
đ Inverse Theory: CPM is inversely proportional to CTR. Meaning, Higher your CTRs, Lower your CPM.
To 2x your CTRs, you can use the suggested frameworks in our previous email.
Note: There's always a limit to how much you can lower your CPM. You can never beat Zuckerberg at his best game ;)
đ Audience: In an audit call last week,
An account was using single demographic for 6+ months for all the testing and scaling campaigns.
By betting on only one demographic, you're signalling Meta that it's your performing audience.
Demand & Supply theory. Hence, the rise in CPM.
Always test and rotate your audience interests, demographics, and ages to avoid overlap, and DO NOT BET ONLY ON ONE AUDIENCE.
đ Creative Format Rotation: Did you know CPMs vary for each ad formats?
Static < Carousel < Videos.
To lower your CPMs, you must use a mix of ad formats.
You have to test every format for each hook line. What works in video might not work in carousels or static and vice versa.
DTC Dailyâs Monthly Spotlight:
Tools and Services:
Need a Graphic Designer? Cost effective solution, instead of full-time employee: Delesign
đŁ Have an upcoming event or tools youâd like to recommend to 33,441 DTC Brands? Click Here
IBRAHIMâS NUGGETS
All things Shopify tech stack and how they can help you..
Hi, everyone!
Iâve been getting questions from people asking me to share my Shopify tech stack, so weâll specifically talk about Shopify apps today (available in the app store), and we can discuss about other third party tech in one of the future newsletters.
Alright, letâs get into it..
Shopify
If youâre at a stage where youâre considering which platform to start building your DTC brand on, 100% recommend Shopify. Itâs still the best in the industry!
My rating: 9.5/10
Klaviyo
Klaviyo has been the DTC brandâs gold standard for years now, and while their pricing has been increasing, I believe it is still the best in the industry
There are other good options for SMS and pop-ups such as Attentive, but since I like to keep things simple, I use Klaviyo for emails, SMS, and pop-ups and its been working totally fine
My rating: 9/10
Replo
If youâre looking to build a landing page and are searching for a landing page, Replo is one of my best finds of 2023!
Iâve tried landing page builder such as Shogun as well, and while it does help you build LPs, they had a lot of limitations on their entry plans and that was, quite frankly, extremely annoying! I remember ditching Shogun within 3 days.
On the contrary, Replo lets you access pretty much all their features, and if youâre someone that uses Figma to design, youâd love this
Exceptional customer support!! 10/10
My rating: 9/10
Rebuy
Looking to increase your AOV? Highly recommend Rebuy!
Itâs primary offering is the smart slider cart, letting you cross-sell, up-sell subscriptions, milestone features such as â$50 left for free deliveryâ, AI product recommendations based on the user, etc.
It also has other interesting features such as thank you page cross-sells, etc.
One good alternative to Rebuy is AfterSellâwhich offers a lot of the features what Rebuy offers, and is extremely good at bundling products, so if this is important for you, you should look into AfterSell
Good customer support
My rating: 9/10 (Rebuy), 9/10 (AfterSell)
Wonderment
This is something I spoke about recently in the post-purchase email flow series. If you havenât read it, you can read it here
This will make your life so much easier, especially if youâre a solo-Founder. Why? Because itâs going to cut down your customer support tickets drastically with the help of its features such as order tracking page, automated order tracking emails at every step of the way, keeping the customers notified at all times and not keeping them in the blind, and let the track their orders seamlessly.
Best part? It pings you when thereâs an order delay, so you could sort out the issue before the customer reaches out to you
My rating: 9/10
Gorgias
Need an app where you can streamline every customer support messages, notifications, etc. all in one place? Gorgias is incredibly good at it!
Wonderment can reduce a lot of CS tickets, and Gorgias can automate a lot of it, or at least cut down your time and make you more efficient
It also offers you features such as calling/SMS and gives you a phone number as well that customers could use to reach out, apart from the chat bot
My rating: 9.5/10
Invoice Falcon
Invoicing on Shopify can be hassle. From all the order printer apps, Invoice Falcon is by far the best in terms of customisation and how simple it is to use.
Customer Support is super efficient and responsive
Lot of options like bulk printing, creating proformas, drafts and returns.
My Rating: 9.5/10
Recharge
This is actually something we personally use for subscriptions and works okay, but I wouldnât recommend it. In fact, weâre looking to switch ourselves to Skio or Smartrr
Pros: has integrations pretty much with all the apps you could think of
Cons: Not great CS support, and theyâve barely been developing new features at all
My Rating: 6/10
Okendo
It lets you add Review widget to your website, and you could customize it according to your brand colors, etc.
Lets you send automated emails (via integration with Klaviyo) that can be highly customized and personalized
Okendoâs team has one of the best customer support
My Rating: 10/10
Wholesale - All in One
If you have been doing your wholesale purchase orders manually, this is going to save you a lot of time, energy, and automate most of these things
When a wholesale distributor submits an application on a page such as this, we get notified via email, and we could either accept or reject that application. You can ask whatever questions youâd like on the form.
Once you approve someoneâs application, you can tag them as a âB2B sellerâ, etc., and letâs assume youâve set 40% discount, so hereâs what happens next:
Distributor gets notified about the application being accepted, and instructions on how to move forward
Comes to the website, logs in to the normal account, and when they go to the product page, instead of the normal price, theyâll see the products with 40% off
These are just a few features. You can do a lot more things such as set custom shipping exclusively for wholesale customers, etc.
Good customer support
My Rating: 8.5/10
Snowball
This app is perfect for referral programs, and it integrates with apps like Klaviyo as well,
It has some really good other features as well, such as having a unique discount code displayed on the thank you page for every customer post-purchase, which can be shared with their friends/family and get be rewarded for it, which is tracked via Snowball
Payments to influencers can be made within Snowball
In my opinion, Snowball when combined with an app such as SARAL, can be a deadly combination to crush your influencer marketing efforts
I wonât be mentioning SARAL in this lineup since itâs not listed on Shopify yet, but I use it personally, and it will pretty much automate all of your influencer marketing efforts, especially discovering your influencers, reaching out them via drip email campaigns, tracking, keeping them organised, etc. (Iâll talk about this further in tomorrowâs deep dive, and give you the glimpses of all the possibilities)
My Rating: 9.5 (Snowball), 9.5 (SARAL)
Presidio: Quiz Kit
I use this to help customers find the right size, to reduce returns, and does its job very well
Itâs basically an economically cheaper alternative to Octane AI, but if I had complex requirements, Iâd definitely be using Octane AI
My Rating: 8 (Presidio), Octane AI (9.5)
Loyalty Lion
I use this for all things loyalty and rewards and it does its job well
It inegrates with Okendo as well, so I like incentivising customers with loyalty points after theyâve uploaded reviews, and a lot more points if they upload photos/videos with them
These points can be translated into coupon codes later on, and you can set the rules according to your requirements
My Rating: 8.5
Alloy
For all things eCommerce automation
This can save you a lot of time, and is definitely worth looking into!
My Rating: 9.5
Loop
Since we have extremely low return rate, we donât currently use an app for exchanges, but if I did have to use one, it would definitely be Loop
Theyâll make the process for customers to exchange/return items so much easier. It feels almost as easy as Amazon to return something!
My Rating: 9
Triple Whale
Helps you with attribution, tracking sales, etc. with server side tracking
They have a free plan as well, so definitely recommend checking them out!
My rating: 9
All in One Accessibility
Just download any Accessibility app, doesnât have to be specifically this one
If you donât have this set up on the website, before you know it, you could be hit with legal notices and penalties since itâs mandatory to have one
My rating: 9.5
Alright folks, thatâs all the Shopify apps I currently use. See yâall tomorrow inside the Wednesday deep dives!
Thank you.
Have any questions that you need help with?
Ask here - and look out for Fridays Issue where Ibrahim will answer them.
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