Preston Rutherford (@prestonruther10) 's Twitter Profile
Preston Rutherford

@prestonruther10

Cofounder @ Chubbies ($100M+) & Marathon - First Platform to Actually Measure Revenue Impact from Brand. MarathonDataCo.com

ID: 1474202156907462656

linkhttp://Marathondataco.com calendar_today24-12-2021 02:16:19

515 Tweet

4,4K Followers

260 Following

Preston Rutherford (@prestonruther10) 's Twitter Profile Photo

Early on, focusing solely on short-term revenue almost cost us everything. Changing our marketing metrics to focus on long-term profit transformed our growth quality and became a key driver of equity value. Here are the mistakes, lessons, and actions to consider today btw, I

Preston Rutherford (@prestonruther10) 's Twitter Profile Photo

when we started using non-sales campaigns to drive revenue, people thought it was stupid even me from 2 years earlier would have thought it was stupid here’s our journey to seeing the unique value of non-sales campaigns and non purchase conversion optimized goals for

when we started using non-sales campaigns to drive revenue, people thought it was stupid

even me from 2 years earlier would have thought it was stupid 

here’s our journey to seeing the unique value of non-sales campaigns and non purchase conversion optimized goals for
Preston Rutherford (@prestonruther10) 's Twitter Profile Photo

The moment a brand investment gets killed isn’t when it “doesn’t work.” It’s when revenue dips. And suddenly... the new thing becomes the scapegoat. When revenue is up and to the right, nobody questions the brand test. You get budget. You get time. You get space to build.

The moment a brand investment gets killed isn’t when it “doesn’t work.”

It’s when revenue dips.

And suddenly... the new thing becomes the scapegoat.

When revenue is up and to the right, nobody questions the brand test.

You get budget.
You get time.
You get space to build.
Preston Rutherford (@prestonruther10) 's Twitter Profile Photo

Before you can convince the CFO or Board about adding brand investments, you need to first convince yourself exactly why and how brand building leads to higher margins, and why performance marketing alone won't do it. So you don't have to learn all the same lessons yourself,

Before you can convince the CFO or Board about adding brand investments, you need to first convince yourself exactly why and how brand building leads to higher margins, and why performance marketing alone won't do it. So you don't have to learn all the same lessons yourself,
Preston Rutherford (@prestonruther10) 's Twitter Profile Photo

Dude Wipes didn't hit $100M/yr in Walmart by extending product categories. They did it by strengthening their BRAND. In this video, Sean shares what he learned after trying to extend the DUDE brand to all kinds of different categories, and how real growth came from *focusing on

Preston Rutherford (@prestonruther10) 's Twitter Profile Photo

For half a decade, I thought I was tracking the right metrics. I was wrong. Here are 8 metrics I wish I had started tracking sooner to know if our Brand (AKA the equity value of the business) was actually getting stronger. 1. Are your branded organic searches growing faster

For half a decade, I thought I was tracking the right metrics. 

I was wrong. 

Here are 8 metrics I wish I had started tracking sooner to know if our Brand (AKA the equity value of the business) was actually getting stronger.

1. Are your branded organic searches growing faster
Preston Rutherford (@prestonruther10) 's Twitter Profile Photo

My biggest regret from the early days? Cutting the wrong areas of spend when times got tough. Reverting to what felt 'safe' and 'accountable' and 'measurable' seemed right, but it was executed badly. I learned that definitions become extremely important during market

My biggest regret from the early days?

Cutting the wrong areas of spend when times got tough.

Reverting to what felt 'safe' and 'accountable' and 'measurable' seemed right, but it was executed badly.

I learned that definitions become extremely important during market
Preston Rutherford (@prestonruther10) 's Twitter Profile Photo

Ok. It’s time. Time to do a deep dive into Marginal CAC ...the marginal cost to acquire a new customer. Or thought of differently, a measure of how effectively the least effective dollars of our marketing budget are operating so we can decide when and where to modify our

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17 reasons why you should NOT invest in Brand building. 1. You detest high margins 2. Being at the mercy of Meta's algorithm tops your list of favorite things 3. You get a special kind of joy when you turn off your ads and watch your revenue plummet 4. You never want to be

Preston Rutherford (@prestonruther10) 's Twitter Profile Photo

I used to think brand building was stupid because i had an ass-backward definition of it. Brand Building = 1. doing stuff 2. that increases the number of people who 3. automatically think of you when they go from out of market (95%) to the 5% who are actively shopping in your

I used to think brand building was stupid because i had an ass-backward definition of it.

Brand Building =
1. doing stuff
2. that increases the number of people who
3. automatically think of you when they go from out of market (95%) to the 5% who are actively shopping in your
Preston Rutherford (@prestonruther10) 's Twitter Profile Photo

CEO: I hate how our ads look. We've become used car salesmen. VP Growth: But they work. CEO: What does “they work” actually mean? VP Growth: They drive revenue. Isn’t that what we want? CEO: Yes, but there might be a cost to our brand we’re not accounting for. VP Growth:

Preston Rutherford (@prestonruther10) 's Twitter Profile Photo

CMO: This brand needs a reset, or we’ll die CEO: WTF does that mean? Like a rebrand? CMO: No. That'd be a rebrand. Not what I'm talking about CEO: Then what? CMO: First, let's define terms: the strength of our brand is measured in two ways: first, the customer acquisition we

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Measurement helps us move faster, but if we’re measuring the wrong thing, we’re sprinting in the wrong direction. Seed Health is one of the fastest-growing wellness brands on earth —reportedly doing many hundreds of millions/yr, profitable, and was evaluating billion-dollar

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save the 2‑page cheat sheet for your next budget meeting — and if your CFO asks you to justify your brand spend, slide them the 31‑page model guide below drive.google.com/file/d/1EIeLlp… -- for anyone who's ever had to justify a Brand marketing budget to a skeptical CFO, this one's ^

save the 2‑page cheat sheet for your next budget meeting — and if your CFO asks you to justify your brand spend, slide them the 31‑page model guide below

drive.google.com/file/d/1EIeLlp…

--

for anyone who's ever had to justify a Brand marketing budget to a skeptical CFO, this one's ^
Preston Rutherford (@prestonruther10) 's Twitter Profile Photo

CFO: ROAS is tanking. Why all this top-of-funnel 'brand' stuff? Investors are gonna sh*t a brick. CMO: Because of the 95/5 Rule. CFO: The what rule? CMO: It’s why we’re shifting strategy. Turns out, we’ve been spending nearly all our dollars talking to only a small fraction of

Preston Rutherford (@prestonruther10) 's Twitter Profile Photo

CMO: if you want me to hit a 2 ROAS, or a 20 ROAS, i can do that. CFO: wtf do you mean? CMO: i can toggle 3 big things and get you whatever number you want. if i spend more on retargeting or brand keywords, run discount sales, or reduce spend, I can drive ROAS to the moon.

CMO: if you want me to hit a 2 ROAS, or a 20 ROAS, i can do that. 

CFO: wtf do you mean?

CMO: i can toggle 3 big things and get you whatever number you want. if i spend more on retargeting or brand keywords, run discount sales, or reduce spend, I can drive ROAS to the moon.
Preston Rutherford (@prestonruther10) 's Twitter Profile Photo

The next time you’re asked to give specific examples of why Brand matters, just send this video of Warren Buffett — the most successful investor of all time. He explains it better than anyone I’ve ever heard. While in the day-to-day of operating a company, it can seem foolish

Preston Rutherford (@prestonruther10) 's Twitter Profile Photo

CMO: The reason our site isn't converting has nothing to do with our site Founder: wtf do you mean? Our problem is HOW and WHO we are driving to the site--not website features, page load time, or whether or not we have a post purchase upsell. Founder: hold the phone - say

CMO: The reason our site isn't converting has nothing to do with our site

Founder: wtf do you mean?

Our problem is HOW and WHO we are driving to the site--not website features, page load time, or whether or not we have a post purchase upsell.

Founder: hold the phone - say
Preston Rutherford (@prestonruther10) 's Twitter Profile Photo

CMO: Our ecom team's digital brand spend is driving insane wholesale growth, but your channel-level P&Ls punish us for doing the right thing CFO: But the sales team doesn’t want to allocate that spend to their P&L CMO: I don’t give a sh*t nugget. This company needs to stop