MMarketing Against The Grain
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05 December 2023

The 5 Biggest Marketing Opportunities For 2024 (#179)

3Frameworks
8Insights

Frameworks in this episode

Insights & moments

The myth-busts, hot takes, explainers, and tools worth keeping.

Myth Buster· 2

Myth Buster17:00

Meta Lead Ads Are Better Than Their Old Reputation

Meta lead ads initially produced cheap but low-quality submissions, leaving many advertisers with a lasting negative perception. The guests argue that newer form controls, qualification fields, verified contact details, and CRM integrations can now produce useful leads at lower cost than off-platform forms.

  • Early lead ads often generated poor-quality contacts
  • Additional fields can screen and qualify prospects
  • Forms can require more reliable contact information
  • Leads can flow directly into HubSpot or Salesforce
  • Old product perceptions may conceal current opportunity

revisit lead ads and uh they really are they're transformative

Ralph · 18:00

anything that meta Andor Google introduces initially usually stinks

Ralph · 19:00
#lead ads#meta ads#lead generation#crm
Myth Buster20:30

There Is No Universal Number of Touches Before Conversion

The speakers reject the traditional claim that every customer requires a fixed number of marketing touches. The necessary count varies with the offer, purchase value, audience, and quality of each interaction, although high-value purchases generally require more than one.

  • No single touch count applies to every journey
  • Each interaction can contribute to the eventual conversion
  • Higher-value purchases usually need more reassurance
  • The goal is to make the journey as short and natural as possible

there's no number it's as few as you can make happen

Ralph · 21:00

the point is that I know it's more than one

Ralph · 21:00
#customer journey#conversion#retargeting#touchpoints

Hot Take· 2

Hot Take05:00

The Most Measurable Ad Inventory Is Usually the Most Expensive

Kip argues that opportunities diminish as advertising gets closer to a clearly attributable purchase. Direct-response inventory is easy to justify internally, so more advertisers compete for it, while less measurable areas demand judgment and may retain more pricing opportunity.

  • Clear ROI makes spend easier to approve
  • Easy attribution attracts more competition
  • Purchase-proximate inventory becomes expensive
  • Less measurable channels demand strategy and conviction

the most expensive stuff and the least of opport least opportunities is going to be the things that are the most measurable and the closest…

Kip Bodner · 05:00
#attribution#media buying#roi#strategy
Hot Take33:00

YouTube Is an Underdiscovered Mecca of Learning Traffic

The episode highlights YouTube as a high-attention environment where consumers actively learn how to solve problems. Its much longer average session duration creates opportunities for educational marketing that would be difficult to earn on ordinary web pages.

  • People routinely visit YouTube to learn practical tasks
  • Average engagement is far longer than across the broader web
  • Educational queries reveal immediate consumer needs
  • Useful instruction can establish expertise and trust

the average time on site across the internet is 90 seconds the average time on YouTube is almost 20 minutes

Guest co-host · 33:00

YouTube is an undes discovered Mecca of traffic

Guest co-host · 33:30
#youtube#attention#education#video marketing

Explainer· 3

Explainer01:30

Why Meta Conversion Campaigns Become Overvalued

Meta's website conversion objective concentrates spending on the relatively small subset of an audience most likely to buy immediately. Competitors target the same subset, causing CPMs to rise and eventually limiting scale, particularly in narrow markets and high-demand seasons.

  • Conversion optimization searches for likely buyers inside a larger audience
  • The immediately addressable in-market group is finite
  • Competitors bid against one another for the same users
  • Holiday demand can double or triple CPMs
  • Niche markets reach diminishing returns sooner

what website conversion objective does is it focuses your advertising on that small little circle

Ralph · 03:00

cpms for those types of campaigns are astronomical they just double often times triple

Ralph · 06:00
#meta ads#conversion#cpm#competition
Explainer23:00

Google's Funnel Is a Time-Money Tradeoff

The Google advertising guest frames intent, consideration, and awareness as a time-money matrix. Bottom-funnel traffic converts faster but costs more, while higher-funnel traffic is cheaper and takes longer to produce results, with the precise ratio varying by industry.

  • Intent sits at the bottom of the funnel
  • Consideration and awareness trade speed for lower cost
  • Industry economics determine the precise ratios
  • Efficient markets tend to price known conversion value into clicks

at the bottom of the funnel it's the fastest and the most expensive

Guest co-host · 23:30

it's always a time money Matrix tradeoff

Guest co-host · 24:00
#google ads#sales funnel#media economics#intent
Explainer24:30

Why Companies Can Pay More Than the First Sale Is Worth

HVAC search clicks can appear unprofitable against the value of the first service appointment. The episode explains that sophisticated advertisers may rationally bid at those levels because repeat services and predictable customer lifetime value let them recover acquisition costs over time.

  • Front-end revenue can understate total customer value
  • Repeat services support higher allowable acquisition costs
  • Reliable monetization makes markets more competitive
  • A business must know its close rate and lifetime value before matching aggressive bids

you have organizations that are so efficient they know I'm going to get four Services out of my average customer

Guest co-host · 25:00

I can afford to pay three services worth

Guest co-host · 25:00
#lifetime value#search ads#hvac#unit economics

Takeaway· 1

Takeaway15:00

Higher Brand Awareness Correlates With Better Direct-Response ROI

Kip describes a HubSpot comparison of aided and unaided awareness by region against direct-response advertising returns. Regions with stronger awareness showed dramatically better paid-response economics, supporting the argument that brand and performance marketing are connected rather than competing disciplines.

  • Regional awareness can be compared with direct-response efficiency
  • Higher awareness correlated with lower direct-response costs
  • The reported difference was several multiples, not a marginal lift
  • Brand spending can improve performance-channel economics

the higher your awareness the lower the cost of your direct response ad spin the higher the ROI

Kip Bodner · 15:30

brand marketing is Performance Marketing

Kip Bodner · 16:00
#brand awareness#performance marketing#roi#measurement