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Five years I've been threatening
this episode and here we are. 

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We're going to talk about 
attribution, ladies and 

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gentlemen, boys and girls, and 
anyone doesn't fall into any of 

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those categories. 
We are going to uncover 

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something very complicated 
today, and I checked back in my 

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show notes. 
Five years I've been threatening

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this episode and here we are. 
We're going to talk about 

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attribution. 
If you haven't tuned in to the 

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show before, my name is Nick and
this is Tuesday. 

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Tea break talks and we are going
to go in. 

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I don't have guests on Tuesdays.
I just try and make sense of 

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complicated things and give you 
guys some advice about what we 

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should be doing. 
I'm going to jump straight in. 

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This is going to get complicated
and I make no excuse for that. 

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Before you turn off everyone, 
and I mean everyone in 

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marketing, everyone in 
e-commerce, anyone who works in 

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Shopify or for any sort of 
commercial business that has a 

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website and wants to generate 
some revenue from that website 

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leads and enquiries, whatever 
KPI, which we're going to talk 

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about at some point in this 
episode, everyone needs to know 

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about this. 
I get probably more questions 

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than this than anything else. 
It's super complicated and I'm 

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just going to explain the topic 
and then we're going to jump in.

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So the topic is called 
attribution. 

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And what it means is every time 
some money gets paid to your 

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business, the question you 
should be asking, especially in 

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marketing and sales is you 
should be asking or in 

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management, which covers all of 
those things anyway. 

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You should be asking the 
question, how did we get this 

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sale? 
There's money in our bank 

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account, where did it come from?
And you need to better attribute

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that to the marketing activity 
or the business activities that 

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generated that money. 
So bringing that down then to 

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Shopify and talking about 
e-commerce. 

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And I'm going to touch a little 
bit on a whole range of things. 

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I've got some, I'm beating 
around the Bush because this is 

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such a complicated topic and 
this might not be my first time 

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of recording this. 
This is the first take. 

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So if this goes live, great. 
I seem to have in my own head 

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nailed it. 
But we're going to talk about 

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how, what channels and how did 
you get those sales in the 1st 

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place? 
So how did somebody go from, 

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I've not heard of this business 
or I wasn't going to buy from 

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this business or I'm thinking of
buying a product and choosing 

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your business. 
It's a place to buy it from 

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Gosh, which is also in my notes,
the word gosh, I've put in 

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several times. 
Let's talk about then how 

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companies normally attribute the
revenue. 

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And then we're going to talk 
about some of the issues with 

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attribution in general. 
And there is no 

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one-size-fits-all here. 
There is no one-size-fits-all. 

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So attribution in this normally 
is something like a Google 

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Analytics for report. 
You might look at your Shopify 

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Analytics, which which sucks for
this. 

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Shopify Analytics is good. 
Once somebody clicks add to 

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cart, it's not so good at 
telling you where people came 

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from, but we're going to get 
into some of that in a little 

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bit. 
But the thing with attribution 

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will be like, OK, we're running 
ads on Meta. 

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We've spent $20,000. 
How many dollars have we made 

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back from those ads? 
And most people, I'm not going 

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to get on to that yet again. 
There's so many things. 

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I was going to tell you what 
most people do wrong. 

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We'll come on to what most 
people do wrong in a minute. 

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But that's what attribution is. 
How do you attribute those 

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sales? 
And GA 4 tends to be the main 

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thing that people use and the 
main place people go. 

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And I don't disagree with that, 
but a lot of people don't 

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understand what the numbers 
mean. 

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I'm not going to talk through 
the numbers specifically. 

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I'm going to talk about 
attribution as a whole because 

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you as a business need to make a
bit of a decision tree or some 

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sort of blueprint for this is 
how we attribute sales and why, 

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right? 
So the issues with attribution, 

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the issues that businesses face 
when they're trying to attribute

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what money they put into 
marketing and advertising 

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compared to what revenue comes 
out the other end. 

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And I've got six of these #1 all
channels think they made the 

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sale. 
So Mehta will say, I ran an ad 

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to someone and they later 
purchased from you regardless of

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what happened next. 
And there's loads of issues with

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that, that Meta might have shown
an ad, someone didn't even see 

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it, didn't engage with it and 
obviously not in a buy ready 

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setting. 
Equally, it might have been 

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someone who went, that's a 
really cool phone case and then 

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bought a phone case later. 
So that's one issue. 

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The second issue is in reality, 
customers these days probably 

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use more than one channel to 
make a purchase from you. 

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They probably use comparison 
sites. 

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They might look at cash back 
sites. 

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They might send up to your 
e-mail before they purchase. 

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And then does it look as oh, it 
was e-mail in the set in the GA 

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four data. 
It's a nightmare. 

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Again, I'm using words like 
gosh, a nightmare. 

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I've put a note. 
I've put a note under this list 

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says just remind yourself what 
you got into Nick choosing this 

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topic for today. 
And if I say anything wrong, 

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sorry, it this applies to lots 
of businesses, not all 

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businesses. 
The third one then is like the 

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general journey is there's 
awareness. 

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Hey, I think I should this 
jacket. 

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I love this jacket. 
I don't normally wear it at 

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work, but I love this jacket. 
It's more of a home jacket and I

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love this jacket and it didn't 
cost me much, but I love it. 

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There was a point where I saw 
jackets like this around and 

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went, oh, I might buy one of 
those. 

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And that wasn't related to any 
advertising, marketing or any 

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brands in particular. 
I just saw people wearing them 

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and went, that's a nice jacket. 
I like, I like a good collar and

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this one is particularly got 
quite a firm collar. 

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It's just my style, not that I 
have any, any style, but there's

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an awareness bit. 
And then the second part is 

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there's the engagement. 
Now I, when I went in shops 

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started going, oh, that's a nice
jacket. 

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Maybe not that one. 
That one's a nice jacket, maybe 

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not that one. 
Or I looked online and went 

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like, all right, zip, zip 
jackets with no hoods, you know,

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good collar on them, etcetera. 
And then there was the 

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conversion point. 
And I bought this from a brand 

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in the UK called Marks and 
Spencer's. 

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And there was a conversion 
point. 

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I walked into a shop and I'd 
already been looking for these 

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and I just, I think I walked 
into one of their stores and 

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just saw it and went, I'm buying
that. 

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I, I was so far into my journey 
and Marks and Spencer's probably

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did nothing to get me. 
No marketing, no sales. 

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I just walked into a store and 
went, that's nice. 

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And I've been looking for those.
I'll buy that one there. 

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And there are probably 100 
products shown to me, but that 

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was the one I was like, I've 
been looking for those. 

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That's nice. 
I like the grey, the zip one. 

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It's made of metal, which is 
nice. 

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I don't want a plastic one 
because it'll break knowing the 

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way I use clothing. 
But the point being is there's 

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these three different parts. 
See as a brand you need to 

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decide probably, you probably 
want exhaust conversion as much 

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as possible. 
Be digitally in that place where

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I will walk in and go and buy 
that one. 

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You want to exhaust that as much
as possible. 

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The second stage, you want 
engagement. 

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Definitely. 
And lots of brands that I think 

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go too heavily on the awareness 
bit. 

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They spend loads of money 
telling people they exist or 

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their product exists and not 
enough to get people down the 

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bottom of that funnel or hook 
people in early, which we'll 

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come into a minute #4 issue #4 
so many customers make their 

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purchase through a channel on GA
4 called Direct Directors. 

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Your browser's already 
remembered to go to that site. 

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So you've come in direct, 
Nothing's sent you here. 

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You didn't click on a link here,
Your browser just remembered. 

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And GA 4 generally runs on a 
thing, which I'll comment to in 

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a minute called data 
attribution. 

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So I told us from my train of 
thought, data, yeah, sorry, 

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data-driven attribution. 
And data-driven attribution 

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means that if it was like SEO, 
then direct or PPC, then direct 

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or meta, then direct, it will 
show it as meta or SEO or PPC. 

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It won't, it'll only show it as 
direct if I know they came 

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direct in, but I don't know 
where they came from before or I

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don't think the previous journey
was connected enough. 

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I think they've just decided I'm
going to buy from Marks and 

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Spencer's and then they came. 
So that is also a major, major 

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problem. 
So having lots of sales from 

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direct tells you people come 
back to buy, which doesn't help 

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you decide where to spend your 
advertising money, where to 

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focus your efforts, where to 
push marketing. 

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So that's a nightmare #5 there's
six issues here. 

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Number 5, cookies, GDPR, privacy
tracking tool issues, scripts 

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not firing, technical problems 
on site, pixels fighting each 

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other. 
There's a whole nightmare of 

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things that can actually just 
stop GA 4 from even reporting 

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data. 
Some of GA 4 now and the same 

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with Shopify and all the 
analytics platforms is estimated

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nightmare. 
If you're listening to this. 

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I just did the like live emoji 
of like a brain exploding and 

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like my mind's blown. 
Oh my gosh, where do we go? 

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And then number six, even when 
you've got a tool and say it's 

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completely bulletproof, it's 
100% accurate, which is 

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technically illegal in most 
countries, right? 

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Well, doesn't mean it's illegal.
It means the way you've got that

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data probably was illegally is 
once you've got all the data in 

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a tool, you can choose on some 
of these tools, data-driven 

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attribution, you can choose last
click attribution and just say 

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whatever the channel was that 
led them to a last click 

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purchase. 
And that's generally how Shopify

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analytics works. 
Shopify tell you everyone just 

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came in direct, great. 
And you go, well, that's great. 

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I'll turn all my advertising off
and suddenly no one's coming in 

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direct. 
It wasn't correct in the first 

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place. 
So Shopify is not very good at 

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that and it uses last click or 
you could even use first click. 

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However, they came into the site
the first time. 

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I'm going to attribute all the 
revenue there. data-driven 

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attribution model is like I 
explained earlier where people 

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come in and direct data-driven 
will say, all right, you've 

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clicked on a Meta ad, you've 
clicked on a Google ad, you've 

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come in from an SEO listing, 
then you sign up to e-mail and 

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then you purchase later. 
I'm going to give a little bit 

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of your $100 you spent. 
I'm going to give a little bit 

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to each of those channels 
depending on which one you're 

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the most engaged journey on. 
Doesn't that sound amazing? 

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But then number 5, just rolling 
back one GDPR cookies, privacy 

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issues to tracking tools, pixels
not firing, etcetera. 

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You won't get that much accurate
data. 

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It's a minefield. 
This is why I've spent five 

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years threatening to cover this 
in heaven. 

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No guest has. 
Some guests have offered to come

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on and I've spoken to him about 
it in advance. 

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Again, I'm sorry, I don't think 
you understand attribution 

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enough. 
And I know I don't know 

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everything about any of the 
things we talk about on the 

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show. 
So here we are. 

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This is, I think this is just a 
kind of like self counselling 

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experience for me, humbling 
myself because I talk a lot and 

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I like to always know the 
answer. 

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And I don't know, it's different
for every business. 

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And you have you, you have to 
accept there's a conclusion of 

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all those issues. 
You have to accept there's going

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to be some nuances and there's 
going to be some gaps and we're 

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just going to have to accept 
that. 

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There are some things, however, 
I haven't actually listed these,

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but just coming to mind. 
There are some platforms, the 

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tar bulletproof. 
If Shopify says Joe Bloggs has 

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bought a product from you for 
$200, Joe Bloggs has bought a 

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product from you for $200. 
If it doesn't say Joe Bloggs 

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bought a product from you for 
$200, then I can guarantee Joe 

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Bloggs has not bought a product 
from you for $200. 

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That's accurate, the traffic 
attribution, but it's not so 

228
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accurate with things like Meta 
ads, Google Ads, if you've paid 

229
00:10:28,120 --> 00:10:30,720
for a click, it has sent a Click
to you, and it will give you 

230
00:10:30,720 --> 00:10:32,240
some information about that 
click. 

231
00:10:32,240 --> 00:10:33,720
It will tell you what page it 
sent them to. 

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00:10:33,960 --> 00:10:36,120
It will tell you what they 
searched for on Google, or it 

233
00:10:36,120 --> 00:10:38,960
might tell you what ads they've 
seen on Meta before coming in. 

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00:10:39,720 --> 00:10:43,520
That is bulletproof. 
It's all this changing channels 

235
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and chopping and and trying to 
tie that revenue bit to that is 

236
00:10:46,480 --> 00:10:48,520
difficult. 
Google Search Console is also 

237
00:10:48,520 --> 00:10:50,520
completely accurate. 
It's all your SEO traffic from 

238
00:10:50,520 --> 00:10:51,640
Google. 
Great. 

239
00:10:51,760 --> 00:10:54,560
If someone, if it says there's 
been a query, someone has typed 

240
00:10:54,560 --> 00:10:57,680
in that query to Google and said
I need a new jacket with a a 

241
00:10:58,120 --> 00:11:00,920
metal zip and no hood. 
That's what I need. 

242
00:11:00,920 --> 00:11:02,480
I want it to be made of cotton, 
blah, blah, blah. 

243
00:11:02,480 --> 00:11:04,520
That's my query. 
That's the page they landed on. 

244
00:11:04,520 --> 00:11:06,920
You know, that bit's correct, 
whether they bought on that 

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00:11:06,920 --> 00:11:08,280
journey or not, it doesn't tell 
you. 

246
00:11:08,320 --> 00:11:10,240
Shopify just tells you there's 
been a sale. 

247
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It doesn't say it was the same 
person that typed in that query.

248
00:11:12,640 --> 00:11:16,040
So you we've kind of got both 
ends of this system, but not the

249
00:11:16,040 --> 00:11:18,240
stuff in the middle. 
And that's a problem. 

250
00:11:18,800 --> 00:11:23,120
So I've got 7 things. 
The last one as well is I put 

251
00:11:23,680 --> 00:11:27,520
pray lol #7. 
So there's six real things. 

252
00:11:28,480 --> 00:11:31,040
But before that there's 
something you and your team need

253
00:11:31,040 --> 00:11:33,520
to do. 
Or if you're a solo preneur, 

254
00:11:33,520 --> 00:11:35,840
solo entrepreneur, then you need
to have a think about this 

255
00:11:35,840 --> 00:11:40,000
yourself. 
You need to decide internally 

256
00:11:40,240 --> 00:11:45,040
what your top KPI or KPIs are 
and I don't think you should sit

257
00:11:45,040 --> 00:11:46,880
round a room going we should 
just measure this or measure 

258
00:11:46,880 --> 00:11:49,080
that or we should just do this. 
You need to check all of your 

259
00:11:49,080 --> 00:11:52,400
data and based on your customer 
journey, how many times they 

260
00:11:52,400 --> 00:11:55,160
visit site, how long they spend 
on the site, whether they 

261
00:11:55,160 --> 00:11:57,800
communicate with customer 
service or not, sign up to 

262
00:11:57,800 --> 00:12:00,440
e-mail before they purchased. 
There's loads of things you need

263
00:12:00,440 --> 00:12:04,120
to look at and you need to 
decide what is our top KPI for 

264
00:12:04,120 --> 00:12:06,640
this. 
Here are a few examples. 

265
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Your top KPI could just be 
revenue. 

266
00:12:10,160 --> 00:12:14,080
We're going to attribute 25% of 
everything we spend to marketing

267
00:12:14,640 --> 00:12:17,560
and the other 75% of our revenue
needs to run the business. 

268
00:12:17,560 --> 00:12:20,360
And so revenue is just going to 
be our big top KPI. 

269
00:12:20,360 --> 00:12:22,880
And that that is perfectly fine 
for some businesses. 

270
00:12:23,480 --> 00:12:26,320
Some are a bit more savvy and 
they decide to work on profit, 

271
00:12:26,920 --> 00:12:29,960
especially if you have varying 
profit margins, if your profit 

272
00:12:29,960 --> 00:12:32,160
margin's pretty static or you 
make your own products and you 

273
00:12:32,160 --> 00:12:36,480
know what that costs per item 
or, or for every thousand items,

274
00:12:36,480 --> 00:12:39,920
or we know we, we make 1000 
items a month and ship those and

275
00:12:39,920 --> 00:12:41,720
we know what our fixed business 
costs are. 

276
00:12:42,000 --> 00:12:45,080
Then you can start to work out 
what profit is and you can work 

277
00:12:45,080 --> 00:12:49,040
on profit. 
Cos Cos cost of sale or another 

278
00:12:49,040 --> 00:12:53,240
one is CTA cost to acquire CTA 
also in my world means call to 

279
00:12:53,240 --> 00:12:55,520
action. 
So I don't like the CTA, the 

280
00:12:55,520 --> 00:12:58,160
cost to acquire one just Cos I 
don't the same acronym meaning 

281
00:12:58,160 --> 00:13:00,400
two things. 
But basically how much did it 

282
00:13:00,400 --> 00:13:03,480
cost you to get either a sale 
through the site or cost to 

283
00:13:03,480 --> 00:13:07,520
acquire a new customer account? 
So that's quite good, but that 

284
00:13:07,520 --> 00:13:09,520
relies on the next one, which is
lifetime value. 

285
00:13:10,280 --> 00:13:12,680
And then if you go one step 
further on lifetime value, I did

286
00:13:12,680 --> 00:13:13,920
a whole episode on that a few 
weeks ago as well. 

287
00:13:13,920 --> 00:13:16,800
So feel free to go and check 
that out and why that's the most

288
00:13:16,840 --> 00:13:19,800
misused, misunderstood metric in
any marketing team. 

289
00:13:20,120 --> 00:13:22,360
How exciting. 
Very clickbait, but very true. 

290
00:13:23,040 --> 00:13:27,880
So go and watch that. 
And LTV on LTVONI made this one 

291
00:13:27,880 --> 00:13:28,800
out when I was writing these 
notes. 

292
00:13:28,800 --> 00:13:32,120
But LTV on investment. 
So what's the lifetime value of 

293
00:13:32,120 --> 00:13:36,400
a customer relative to the 
investment it cost you to get 

294
00:13:36,400 --> 00:13:38,280
the new customer? 
So you see, I've, I've actually 

295
00:13:38,280 --> 00:13:43,720
combined, I've combined revenue 
with cost of sale on a lifetime 

296
00:13:43,720 --> 00:13:49,440
basis, but you could even go 
life LTP, lifetime profit on the

297
00:13:49,440 --> 00:13:52,440
investment you made. 
So if you're investing $80.00 to

298
00:13:52,440 --> 00:13:55,600
acquire a new customer, which 
could literally be your total, 

299
00:13:55,800 --> 00:14:00,600
we spent $200,000 this month and
we've acquired 200 customers. 

300
00:14:00,600 --> 00:14:03,040
It's cost $1000 a customer. 
I'm making these numbers up to 

301
00:14:03,040 --> 00:14:06,600
keep it simple, but it's cost 
you $1000 per customer and you 

302
00:14:06,600 --> 00:14:08,520
know you've got a profit margin 
of 50%. 

303
00:14:08,720 --> 00:14:13,120
You need that customers spent 
$2000 on average lifetime to 

304
00:14:13,120 --> 00:14:15,360
break even. 
So now you've got your metrics. 

305
00:14:15,360 --> 00:14:17,080
But again, it comes back to the 
journey. 

306
00:14:17,320 --> 00:14:19,440
And the final thing as well is 
stripping all this back. 

307
00:14:19,440 --> 00:14:22,200
And this is also the first point
of what can you do? 

308
00:14:22,480 --> 00:14:24,360
I actually put what on earth do 
you do then? 

309
00:14:24,360 --> 00:14:27,560
This is an absolute minefield. 
But the last one, which relates 

310
00:14:27,560 --> 00:14:32,080
to the last one on the databits 
is net and gross profit, which 

311
00:14:32,080 --> 00:14:34,560
Shopify will give you gross 
profit. 

312
00:14:34,560 --> 00:14:38,240
It specifically calls it total 
sales revenue rather than net 

313
00:14:38,240 --> 00:14:41,720
profit or net revenue because 
that doesn't take into account 

314
00:14:41,720 --> 00:14:43,160
any of your fixed business 
costs. 

315
00:14:43,600 --> 00:14:45,520
We've had, I think it was, I 
think we're called Bookkeep. 

316
00:14:45,600 --> 00:14:49,320
We had on the show last year and
they've got a bit of software. 

317
00:14:49,320 --> 00:14:52,280
You can actually put all of your
business costs in and use that 

318
00:14:52,280 --> 00:14:55,040
software plugged into Shopify to
give you lots of insights as to 

319
00:14:55,040 --> 00:14:56,880
where you're making money and 
where you're not, which is quite

320
00:14:56,880 --> 00:14:59,280
cool. 
So the what do you do? 

321
00:14:59,280 --> 00:15:02,320
What on earth do you do starting
off with that net and gross 

322
00:15:02,320 --> 00:15:07,600
profit figure that KPI, just go 
back to complete basics, move 

323
00:15:07,600 --> 00:15:08,960
some budget between some 
channels. 

324
00:15:08,960 --> 00:15:11,080
Go right. 
We're spending 20 grand a month 

325
00:15:11,080 --> 00:15:12,720
on Google ads. 
We're spending 20 grand a month 

326
00:15:12,720 --> 00:15:15,400
on Meta for one month. 
Let's just lower Google to 

327
00:15:15,400 --> 00:15:19,200
10,000, increase Meta to 30. 
And you need to decide on the 

328
00:15:19,200 --> 00:15:22,640
time frame again based on data. 
If most people buy on their 

329
00:15:22,640 --> 00:15:25,560
first visit or within a few days
of seeing an advert or signing 

330
00:15:25,560 --> 00:15:28,160
up to e-mail or whatever it is, 
then actually a month is 

331
00:15:28,160 --> 00:15:30,040
absolutely fine. 
If people take 2-3 months to 

332
00:15:30,040 --> 00:15:32,200
decide if they're going to buy, 
you need to make this shift for 

333
00:15:32,200 --> 00:15:35,000
a longer period of time, but 
maybe watch some of those 

334
00:15:35,000 --> 00:15:37,840
initial conversion pieces, the 
engage traffic, etcetera. 

335
00:15:38,040 --> 00:15:41,760
But if you start moving these 
levers, like amazing guy Nick, 

336
00:15:41,760 --> 00:15:44,160
who's the CMO at Portland Lever 
Goods, we've had him on the show

337
00:15:44,200 --> 00:15:46,960
a few Times Now and Nick said he
just, he looks at these big 

338
00:15:46,960 --> 00:15:50,520
macro levers and he pulls them 
based on the data and then 

339
00:15:50,520 --> 00:15:53,400
watches what happens to sales. 
They got quite a quick turn 

340
00:15:53,400 --> 00:15:57,080
around between initial 
engagement and and actually 

341
00:15:57,080 --> 00:16:00,280
custom coming in. 
So it's worth doing a bit of 

342
00:16:00,280 --> 00:16:02,640
that. 
And that's point #1 #2 which I 

343
00:16:02,640 --> 00:16:04,600
think is really key. 
And you need to do this to do 

344
00:16:04,600 --> 00:16:06,360
some of these other points if 
this is the route you want to go

345
00:16:06,360 --> 00:16:09,960
down further on my list. 
The second one is using human 

346
00:16:09,960 --> 00:16:12,080
logic. 
If it's somewhat, and I said 

347
00:16:12,080 --> 00:16:14,600
this already, is it something 
people would or can buy 

348
00:16:14,600 --> 00:16:17,080
instantly or not? 
The more people need to measure 

349
00:16:17,080 --> 00:16:18,960
and check. 
And if it's a big financial 

350
00:16:18,960 --> 00:16:22,080
purchase, like say someone's 
buying a car, they're not going 

351
00:16:22,080 --> 00:16:24,800
to do that online. 
They have to come to the car 

352
00:16:24,800 --> 00:16:27,000
showroom. 
And this is where every single 

353
00:16:27,000 --> 00:16:29,520
car brand, I mean, I've bought 
quite a few new cars. 

354
00:16:29,520 --> 00:16:30,880
I've bought quite a few used 
cars over the years. 

355
00:16:30,880 --> 00:16:35,160
I love, love cars and every 
single car brand gets this 

356
00:16:35,160 --> 00:16:37,720
wrong. 
For me to buy a car, I need to 

357
00:16:37,720 --> 00:16:40,320
go to a showroom. 
I need to drive the car. 

358
00:16:40,320 --> 00:16:42,680
I need to have a conversation 
about all the different features

359
00:16:42,680 --> 00:16:45,160
and functions that I may or may 
not buy, and when I actually 

360
00:16:45,160 --> 00:16:48,320
purchase the car I want. 
If it's a used car, I'm going to

361
00:16:48,320 --> 00:16:51,680
phone a completely random garage
that might be hours away from 

362
00:16:51,680 --> 00:16:54,440
where I live to say you've got 
the exact model of car with all 

363
00:16:54,440 --> 00:16:55,760
the things I want on it. 
It's that price. 

364
00:16:56,120 --> 00:16:57,280
Can I pay a deposit? 
I'll have it. 

365
00:16:57,920 --> 00:16:59,200
Like, well, can I come and see 
it tomorrow? 

366
00:16:59,280 --> 00:17:02,280
Like I'll have it. 
So you see that journey car 

367
00:17:02,280 --> 00:17:05,160
showrooms get this wrong because
any car brand, showroom 

368
00:17:05,160 --> 00:17:07,319
manufacturer, they always say 
book a test drive. 

369
00:17:07,560 --> 00:17:10,400
No, you should do a 
consultation, phone call, have a

370
00:17:10,400 --> 00:17:12,079
conversation with us about what 
sort of thing you're looking 

371
00:17:12,079 --> 00:17:13,280
for, what you're not looking 
for. 

372
00:17:13,280 --> 00:17:15,480
It takes 10 minutes. 
You can choose the time on our 

373
00:17:15,480 --> 00:17:17,839
calendar like all of us in the 
B2B world do. 

374
00:17:17,839 --> 00:17:20,000
It's like click here schedule. 
They get it all wrong. 

375
00:17:20,680 --> 00:17:23,280
And so if they started to do 
that, one of their measurable 

376
00:17:23,280 --> 00:17:25,440
KPIs needs to be for marketing 
online. 

377
00:17:25,599 --> 00:17:28,240
How many people have, rather 
than booked a test drive that's 

378
00:17:28,240 --> 00:17:31,240
quite far into the journey. 
You might be deciding between 5 

379
00:17:31,240 --> 00:17:32,960
brands and the, the call to 
action is do you want to book a 

380
00:17:32,960 --> 00:17:34,960
test drive or not? 
And you're like, I don't know, I

381
00:17:34,960 --> 00:17:37,600
need to look at the financials, 
how the engines work. 

382
00:17:37,600 --> 00:17:40,840
Is it petrol, diesel. 
You guys think we have diesel in

383
00:17:40,840 --> 00:17:43,320
America missing out. 
It's good, good stuff compared 

384
00:17:43,320 --> 00:17:45,000
to petrol. 
Is it electric? 

385
00:17:45,000 --> 00:17:46,400
Is it hybrid? 
Is it plug in hybrid? 

386
00:17:46,680 --> 00:17:49,640
You've got all these questions 
first about the kit and the and 

387
00:17:49,800 --> 00:17:53,680
everything else #3 on the list. 
Then get to the bottom of your 

388
00:17:53,680 --> 00:17:55,120
data and change the user 
journey. 

389
00:17:55,120 --> 00:17:58,240
If they don't buy on on first 
visit, ask for an e-mail. 

390
00:17:58,240 --> 00:18:01,240
Sign up earlier, sooner rather 
than later or earlier in their 

391
00:18:01,240 --> 00:18:06,080
journey and better or better 
that you do it now and then you 

392
00:18:06,080 --> 00:18:08,760
set a KPI, what percentage of 
our traffic are signing up to 

393
00:18:08,760 --> 00:18:11,600
our emails and you change what 
the emails are offering. 

394
00:18:11,600 --> 00:18:13,240
You change the context you put 
on it. 

395
00:18:13,240 --> 00:18:15,920
You change when you fire it on 
the page, when it actually fires

396
00:18:15,920 --> 00:18:18,040
to to show somebody. 
You change those things to try 

397
00:18:18,040 --> 00:18:21,840
and increase e-mail sign ups, 
KPI, and then you can see 

398
00:18:21,840 --> 00:18:23,880
because they sign up to e-mail 
now, we've had all these people 

399
00:18:23,880 --> 00:18:26,040
sign up to e-mail on here. 
How many of them now have gone 

400
00:18:26,040 --> 00:18:28,400
and bought a purchase when they 
sign up to e-mail? 

401
00:18:28,440 --> 00:18:32,400
As much as you can attribute the
channel in your e-mail system or

402
00:18:32,400 --> 00:18:35,400
as B to B, we call it CRM 
customer record management. 

403
00:18:35,640 --> 00:18:37,880
So we would have in that 
somebody filled out their 

404
00:18:37,880 --> 00:18:41,120
e-mail, joined our newsletter 
using this keyword on Google 

405
00:18:41,120 --> 00:18:42,960
Ads. 
Bang, we got all that info and 

406
00:18:42,960 --> 00:18:44,960
then we can see three months 
later they bought from us and 

407
00:18:44,960 --> 00:18:47,440
what e-mail was it that made 
them buy is put that e-mail or 

408
00:18:47,440 --> 00:18:49,800
that messaging earlier in the 
sequence now and see if we can 

409
00:18:49,800 --> 00:18:52,280
get more people to purchase. 
You see how smart it is? 

410
00:18:52,280 --> 00:18:54,560
It's very time consuming. 
You see how smart it is rather 

411
00:18:54,560 --> 00:18:57,040
than what most brands are doing.
What most of us do is just 

412
00:18:57,040 --> 00:18:59,400
throw, throw the budget out 
there and go like, yeah, we made

413
00:18:59,400 --> 00:19:00,560
some profit. 
Excellent move on. 

414
00:19:00,880 --> 00:19:03,640
You probably made loads of 
losses in all of that and you 

415
00:19:03,640 --> 00:19:08,520
just don't know #4 You can do 
more to influence the first 

416
00:19:08,520 --> 00:19:13,080
visit sale as well to help with 
instant ROI attribution and 

417
00:19:13,080 --> 00:19:17,200
building long term, sorry, 
building LTV lifetime value long

418
00:19:17,200 --> 00:19:20,640
term. 
What this means is site, some 

419
00:19:20,640 --> 00:19:23,800
sites have realised if they put 
a countdown timer saying sale 

420
00:19:23,800 --> 00:19:27,320
ends at this time or if it's 
quite a small quick item, 

421
00:19:27,320 --> 00:19:29,480
there's nothing on my desk right
now that I'd buy quickly. 

422
00:19:29,680 --> 00:19:31,520
I mean, maybe even these 
glasses, like if I bought these 

423
00:19:31,520 --> 00:19:34,200
glasses before and I was, and 
you know, I'm a returning 

424
00:19:34,200 --> 00:19:37,400
visitor to the same site I 
bought these glasses from, then 

425
00:19:37,760 --> 00:19:40,520
why not just have a very quick 
like next day delivery if you've

426
00:19:40,520 --> 00:19:43,200
bought from us before, but 
you've got to order by 3:00 PM 

427
00:19:43,200 --> 00:19:45,440
and there's just a countdown 
going up to 3:00 PM because you 

428
00:19:45,440 --> 00:19:47,920
know who I am. 
And because you sent me that 

429
00:19:47,920 --> 00:19:50,600
discount code saying you know 
what you know, and you sent me 

430
00:19:50,600 --> 00:19:52,360
an e-mail saying what happens if
your glasses break? 

431
00:19:52,760 --> 00:19:55,160
Why don't you get a second pair?
You can have 25% off because 

432
00:19:55,160 --> 00:19:57,440
that's cheaper than us. 
Acquiring a new customer means 

433
00:19:57,440 --> 00:19:59,160
you bought from us more than 
once, which means you're more 

434
00:19:59,160 --> 00:20:01,080
likely to buy a third time from 
us later as well. 

435
00:20:01,240 --> 00:20:03,280
Have 25% off. 
And if you order by 3:00 PM 

436
00:20:03,280 --> 00:20:05,840
today, they'll be with you in 
you by tomorrow, they'll be with

437
00:20:05,840 --> 00:20:07,360
you in two days time once we've 
made them. 

438
00:20:07,920 --> 00:20:11,040
So again that instant sale if 
again you need to look at the 

439
00:20:11,040 --> 00:20:14,400
data, is that instant sale the 
route you need to go down with 

440
00:20:14,400 --> 00:20:17,880
this? 
#5 out of 6 and a funny one. 

441
00:20:18,320 --> 00:20:21,320
I thought it was funny. 
There are tools to help, but 

442
00:20:21,320 --> 00:20:23,400
like all tools, they're only as 
good as the person wielding 

443
00:20:23,400 --> 00:20:25,080
them. 
There's lots of attribution 

444
00:20:25,080 --> 00:20:28,360
tools we've worked with over the
part in the past, but the 

445
00:20:28,360 --> 00:20:31,200
problem is like one of them we 
were using for a a clothing 

446
00:20:31,200 --> 00:20:33,200
business We work we work quite a
bit in fashion, in clothing. 

447
00:20:33,200 --> 00:20:35,440
Over the years, you'll be able 
to tell at looking at my outfit.

448
00:20:35,960 --> 00:20:38,960
But one of the things we've 
found with a lot of these guys 

449
00:20:39,280 --> 00:20:43,080
is, well, with one of these, all
these tools on the tool, if you 

450
00:20:43,080 --> 00:20:45,360
change it to first click 
attribution, it will tell you 

451
00:20:45,360 --> 00:20:47,360
Meta's done like 90% of all your
sales. 

452
00:20:47,360 --> 00:20:49,800
And we know that's not true, 
especially when we're spending 

453
00:20:49,800 --> 00:20:52,840
like 10 or 20% of all of our 
advertising budget in Meta. 

454
00:20:53,480 --> 00:20:55,720
We've even had the client who 
for some reason Meta suspended 

455
00:20:55,720 --> 00:20:59,000
their account for like 3 weeks. 
It made no impact at all on 

456
00:20:59,000 --> 00:21:01,520
bottom line sales. 
But after three weeks, nothing 

457
00:21:01,520 --> 00:21:03,280
had changed and people bought on
their first visit at that 

458
00:21:03,280 --> 00:21:06,000
product it nothing had changed. 
And then the question was like, 

459
00:21:06,000 --> 00:21:07,200
are we going to turn this back 
on? 

460
00:21:07,480 --> 00:21:10,240
Like it was suspended in 
incorrectly, but Meta just 

461
00:21:10,240 --> 00:21:11,600
they're so slow. 
It's OK just to do it. 

462
00:21:12,200 --> 00:21:15,800
But he told us that 90% of first
click sales were happening 

463
00:21:15,800 --> 00:21:18,520
through Meta. 
Last click data-driven and all 

464
00:21:18,520 --> 00:21:22,040
the other attribution models, 
they were all saying Meta, where

465
00:21:22,040 --> 00:21:25,440
is it 5%? 
Meta was only driving 5% of the 

466
00:21:25,440 --> 00:21:27,360
revenue. 
So people were finding out we 

467
00:21:27,360 --> 00:21:29,920
exist through Meta, but he 
didn't think that was 

468
00:21:29,920 --> 00:21:32,360
influenced, seen their buying 
decision whatsoever. 

469
00:21:32,960 --> 00:21:35,920
So again, money wasted or money 
well invested, another brand we 

470
00:21:35,920 --> 00:21:38,160
work with, we couldn't. 
We normally see Google converts 

471
00:21:38,160 --> 00:21:40,560
better than Meta and they wanted
to put more money behind Meta. 

472
00:21:40,560 --> 00:21:42,720
Like right, fine, do it. 
And within about 3 or 4 days of 

473
00:21:42,720 --> 00:21:45,720
putting more into Meta, revenue 
did actually lift. 

474
00:21:45,960 --> 00:21:47,600
And it changed the way we ran 
Google Ads. 

475
00:21:48,040 --> 00:21:50,840
Google Ads became more about 
retargeting the people from Meta

476
00:21:51,000 --> 00:21:53,880
who didn't purchase rather than 
what we thought was going on is 

477
00:21:53,880 --> 00:21:56,400
Meta was doing the retargeting 
and we're trying to exclude 

478
00:21:56,560 --> 00:21:58,960
purchases and customers from 
Meta, just keep it focused on 

479
00:21:58,960 --> 00:22:00,680
new customers or lapsed 
customers. 

480
00:22:00,960 --> 00:22:03,040
And Google was doing all the 
hard work of like, I want to buy

481
00:22:03,040 --> 00:22:04,040
this. 
And Google popped up. 

482
00:22:04,280 --> 00:22:06,000
We were wrong. 
They told us otherwise. 

483
00:22:06,000 --> 00:22:08,720
We changed it. 
But the problem is, again, these

484
00:22:08,720 --> 00:22:11,200
tools, they're only as good as 
somebody wielding the tool. 

485
00:22:11,200 --> 00:22:15,480
The person's actually using it. 
And final one, custom landing 

486
00:22:15,480 --> 00:22:17,280
pages. 
You can do something quite fancy

487
00:22:17,280 --> 00:22:20,560
with a thing called a UTM tag 
going into GA 4. 

488
00:22:21,040 --> 00:22:23,960
You can even create a bespoke 
journey for certain channels. 

489
00:22:24,680 --> 00:22:26,760
And you can do this for your 
owned channels. 

490
00:22:26,800 --> 00:22:31,760
And what we mean by owned is you
control where something talking 

491
00:22:31,760 --> 00:22:33,920
about your business appears, 
your advert, your listing. 

492
00:22:34,120 --> 00:22:36,240
You can control that. 
You can control where it goes on

493
00:22:36,240 --> 00:22:38,360
the site. 
So what we've done for some B to

494
00:22:38,360 --> 00:22:41,920
B clients of ours or lead 
generation clients, we've 

495
00:22:41,920 --> 00:22:44,800
actually created like almost 
duplicated the entire website 

496
00:22:45,200 --> 00:22:47,680
and the user thinks it's on the 
normal domain, but it's not. 

497
00:22:47,720 --> 00:22:50,200
It's actually a version that you
can only get to if you clicked 

498
00:22:50,200 --> 00:22:54,040
on a Google ad, which means 
anything that happens on that 

499
00:22:54,040 --> 00:22:57,040
site, all the leads we get from 
that site and you tend to find a

500
00:22:57,040 --> 00:22:58,880
lead Gen. 
Most people, they become a lead 

501
00:22:58,880 --> 00:23:00,880
on their first visit to site. 
It's quite rare. 

502
00:23:00,880 --> 00:23:03,480
It takes more than that, so it's
a bit of an advantage there. 

503
00:23:03,760 --> 00:23:06,240
But we create a whole separate 
version of the site or we create

504
00:23:06,240 --> 00:23:09,160
a custom landing page where 
there is no main menu. 

505
00:23:09,160 --> 00:23:11,880
You cannot leave this page to go
to the rest of the website. 

506
00:23:12,240 --> 00:23:14,480
It's like you're looking for 
this, here's one page that just 

507
00:23:14,480 --> 00:23:16,960
offers you that. 
And we can see in the analytics 

508
00:23:16,960 --> 00:23:19,800
how many people have filled out 
that form because they'll be 

509
00:23:19,800 --> 00:23:22,080
tagged differently in the CRM 
system if they filled out that 

510
00:23:22,080 --> 00:23:25,240
form versus other forms. 
So we know all about is Google 

511
00:23:25,240 --> 00:23:27,000
Ads. 
And then we can watch the CRM 

512
00:23:27,000 --> 00:23:28,800
system, see the sales team's 
activity. 

513
00:23:28,840 --> 00:23:30,760
How many of those people 
actually qualified into a good 

514
00:23:30,760 --> 00:23:31,920
lead? 
How many then went on to spend 

515
00:23:31,920 --> 00:23:34,800
money with that business? 
And how many then repeatedly 

516
00:23:34,800 --> 00:23:37,680
spent money with that business 
buying their product or service 

517
00:23:37,680 --> 00:23:42,560
from there? 
So point #7 pray. 

518
00:23:42,600 --> 00:23:44,960
And I put LOL next to it because
I'm having a bit of a funny 

519
00:23:44,960 --> 00:23:48,960
morning in the office. 
Lots of good bands to say, but I

520
00:23:48,960 --> 00:23:52,520
hope that is helpful. 
My brain feels mushed and I do 

521
00:23:52,520 --> 00:23:56,600
talk very quickly, so maybe 
rewind and listen to it all 

522
00:23:56,600 --> 00:23:58,840
again on nought .5 or nought .75
speed. 

523
00:23:59,160 --> 00:24:02,520
I hope that's been useful. 
We talk a lot about this 

524
00:24:02,560 --> 00:24:05,200
attribution. 
You need to come up with a way 

525
00:24:05,200 --> 00:24:06,760
of attributing sales to your 
business. 

526
00:24:06,960 --> 00:24:10,520
And most importantly, you need 
to be aware of the KPI, the key 

527
00:24:10,520 --> 00:24:14,240
performance indicator. 
What is that one number that 

528
00:24:14,240 --> 00:24:16,760
means we make more money? 
Is it e-mail sign ups? 

529
00:24:16,760 --> 00:24:21,000
Is it immediate purchases? 
Is it people who attend a 

530
00:24:21,000 --> 00:24:23,440
webinar that we run? 
Is it people that watch our live

531
00:24:23,440 --> 00:24:25,400
shopping videos? 
Is it people that follow us on 

532
00:24:25,400 --> 00:24:28,120
TikTok that double S the chance 
of them buying from us? 

533
00:24:28,320 --> 00:24:30,000
And to work out what this KPIs 
are. 

534
00:24:30,120 --> 00:24:33,000
Once you know what those KPIs 
are, you can optimise towards 

535
00:24:33,000 --> 00:24:35,600
them and attribution becomes a 
lot, lot easier. 

536
00:24:36,240 --> 00:24:37,600
I hope it's been helpful. 
We're going to have a much 

537
00:24:37,600 --> 00:24:40,520
simpler episode on Friday. 
I hope you can join me there. 

538
00:24:40,600 --> 00:24:42,720
We've recorded a couple already 
and there's an incredible guest.

539
00:24:42,720 --> 00:24:44,480
I'm so excited. 
Thanks for tuning in today. 

540
00:24:44,480 --> 00:24:46,840
If you haven't already, hit 
subscribe, Join our newsletter 

541
00:24:46,840 --> 00:24:49,560
on wwspodcast.com. 
And if you want any help, you're

542
00:24:49,560 --> 00:24:51,160
not asking any questions, you 
want to come on the show, you 

543
00:24:51,160 --> 00:24:54,040
want to 
sponsorhello@winningshopify.com.

544
00:24:54,080 --> 00:24:56,000
Send us an e-mail comes through 
to Byron and myself and a couple

545
00:24:56,000 --> 00:24:58,080
of the team and we will pick 
that up and get back to you 

546
00:24:58,080 --> 00:24:58,920
shortly. 
Thanks for tuning in. 

547
00:24:58,920 --> 00:25:00,200
Hope you can join us again next 
time.

