1 00:00:00,000 --> 00:00:03,689 Marin: I would say that most important thing is creative, so basically your 2 00:00:03,689 --> 00:00:08,399 ad whether it is a video or an image, because nowadays interest targeting 3 00:00:08,399 --> 00:00:12,289 is not so important because your creative is doing the targeting. 4 00:00:22,850 --> 00:00:26,960 ​ Matt: Welcome to the e-Commerce podcast with me, your host, Matt Edmundson. 5 00:00:27,290 --> 00:00:32,730 The E-Commerce podcast is all about helping you deliver e-commerce wow. 6 00:00:32,970 --> 00:00:37,970 And to help us do just that, I am chatting with today's special guest, 7 00:00:38,300 --> 00:00:45,320 Marin Ištvanić from, uh, inspire Agency about how to maximize the efficiency 8 00:00:45,560 --> 00:00:47,270 of Facebook ads for your business. 9 00:00:47,300 --> 00:00:47,750 Oh, yes. 10 00:00:47,750 --> 00:00:51,950 We are touching onto all things Facebook ads, but before Marin and I dive into 11 00:00:51,950 --> 00:00:57,690 our conversation, uh, I'd like to share with you uh, my podcast pick, oh, yes. 12 00:00:57,690 --> 00:01:03,510 A p a pre lemme get that right is a previous episode, uh, or two that I think 13 00:01:03,510 --> 00:01:05,430 you're gonna enjoy based on today's topic. 14 00:01:05,430 --> 00:01:09,390 Why not check out the "how social selling can help grow 15 00:01:09,390 --> 00:01:10,830 your business" with Tim Hughes? 16 00:01:10,830 --> 00:01:11,910 Tim is such a legend. 17 00:01:11,915 --> 00:01:12,690 Do check that out. 18 00:01:12,960 --> 00:01:16,440 And the beautiful and talented Lauren Schwartz, check out her episode 19 00:01:16,440 --> 00:01:20,955 we recorded, uh, called Creative that drives the click through. 20 00:01:21,255 --> 00:01:24,885 Uh, yes, you can pick up both of those, both of my podcast picks, 21 00:01:25,185 --> 00:01:29,535 uh, and our entire podcast, uh, podcast archive for that. 22 00:01:29,565 --> 00:01:32,625 Uh, it's all for free on our website ecommercepodcast.net. 23 00:01:33,015 --> 00:01:36,405 Plus, if you sign up to our newsletter while we, while you're there, we will 24 00:01:36,410 --> 00:01:41,595 send you links to our podcast picks along with the notes and links from 25 00:01:41,595 --> 00:01:48,490 today's show with Marin all delivered straight to your inbox at no cost to you. 26 00:01:48,610 --> 00:01:49,570 Just want to emphasize that. 27 00:01:49,600 --> 00:01:49,870 Oh yeah. 28 00:01:49,875 --> 00:01:50,920 Pretty amazing right? 29 00:01:51,280 --> 00:01:51,520 Now. 30 00:01:52,790 --> 00:01:54,410 Let's talk about today's show sponsor. 31 00:01:54,410 --> 00:01:57,560 Are you struggling to grow your e-commerce business? 32 00:01:57,860 --> 00:02:01,010 Do you feel like you're constantly spinning your wheels trying to 33 00:02:01,015 --> 00:02:03,650 figure out what to focus on next? 34 00:02:03,920 --> 00:02:09,140 Well, I have been there many times, let me tell you, and I know how 35 00:02:09,145 --> 00:02:12,710 frustrating it can be, and that's why I'm super excited that the 36 00:02:12,710 --> 00:02:15,560 e-commerce cohort sponsors this show. 37 00:02:15,860 --> 00:02:20,030 E-commerce cohort helps e-commerce businesses like yours to deliver 38 00:02:20,030 --> 00:02:24,735 exceptional customer experiences that drive results and to help you get 39 00:02:24,735 --> 00:02:30,015 started, super excited to announce a brand new free resource, uh, that you 40 00:02:30,015 --> 00:02:32,685 can access called E-Commerce Cycles. 41 00:02:32,895 --> 00:02:37,515 It's a mini-course which walks you through the proven framework that I use 42 00:02:37,520 --> 00:02:41,310 for building a successful e-commerce business, uh, we walk you through 43 00:02:41,310 --> 00:02:45,690 the specific steps to take the, uh, in your own e-commerce company so 44 00:02:45,950 --> 00:02:50,190 you can put all of these concepts into practice in your own business. 45 00:02:50,190 --> 00:02:54,060 And the good news is just like sign up for the newsletter, it's all free. 46 00:02:54,240 --> 00:02:54,960 Yes it is. 47 00:02:54,960 --> 00:02:58,360 You can sign up for free at ecommercecycles.com. 48 00:02:58,380 --> 00:02:59,640 In fact, you don't even have to sign up. 49 00:02:59,670 --> 00:03:00,480 You just access it. 50 00:03:00,480 --> 00:03:01,200 It's right there. 51 00:03:01,200 --> 00:03:02,670 No email address is required either. 52 00:03:03,150 --> 00:03:08,520 Uh, so head over to ecommercecycles.com, uh, and get access to this free training. 53 00:03:08,600 --> 00:03:13,460 And get started today cuz it's time to start delivering e-commerce 54 00:03:13,460 --> 00:03:17,450 wow to your customers with the help of e-commerce cohort. 55 00:03:17,870 --> 00:03:21,710 Okay, now let's talk about today's guest. 56 00:03:21,710 --> 00:03:26,360 For the past seven years, Marin has gone from freelance contractor to 57 00:03:26,360 --> 00:03:29,420 head of performance at Inspire Agency. 58 00:03:29,420 --> 00:03:33,980 He leads a boutique agency working with a handful of selected clients while 59 00:03:33,980 --> 00:03:37,560 providing services for paid social. 60 00:03:37,800 --> 00:03:42,480 Besides the agency, he's also partnered at a few in-house brands and has helped 61 00:03:42,480 --> 00:03:44,970 scaled and exit, uh, exited them. 62 00:03:45,060 --> 00:03:48,660 He's also two times a speaker at Geek Out. 63 00:03:48,870 --> 00:03:52,890 Uh, and also he's spoken at Affiliate World, uh, in Asia. 64 00:03:52,890 --> 00:03:56,940 So check him out and if that's not enough, in the last 12 months, he has 65 00:03:56,940 --> 00:04:03,300 spent over 30 million on Facebook Ads. 66 00:04:03,840 --> 00:04:07,130 That in anybody's language is a shed full of money. 67 00:04:07,190 --> 00:04:07,970 Oh, yes, it is. 68 00:04:07,975 --> 00:04:11,960 And he's gonna be sharing some of his go-to Facebook ad strategies and 69 00:04:11,960 --> 00:04:17,180 learnings, as well as some additional tips and tricks to help you do just that. 70 00:04:17,400 --> 00:04:19,160 Marin, what a legend. 71 00:04:19,160 --> 00:04:20,150 Thanks for being on the show. 72 00:04:20,150 --> 00:04:20,870 Great to have you. 73 00:04:20,900 --> 00:04:21,590 How are we doing? 74 00:04:22,550 --> 00:04:23,300 Marin: Pretty good, Matt. 75 00:04:23,300 --> 00:04:24,290 Thank you for having me. 76 00:04:24,950 --> 00:04:25,100 Matt: Oh no. 77 00:04:25,100 --> 00:04:25,790 It's great that you're here. 78 00:04:26,030 --> 00:04:28,560 Whereabouts in the world are you dialing in from? 79 00:04:29,190 --> 00:04:30,000 Marin: Croatia. 80 00:04:30,440 --> 00:04:31,020 Matt: Croatia. 81 00:04:31,040 --> 00:04:31,370 Okay. 82 00:04:31,670 --> 00:04:35,720 Uh, now here's my question for you cuz it is very cold where I am today. 83 00:04:35,720 --> 00:04:37,220 What's the weather like in Croatia? 84 00:04:37,670 --> 00:04:40,970 Marin: Huh so it's actually like pretty similar to yours, like currently 85 00:04:40,975 --> 00:04:43,670 around two, three, uh, Celsius degrees. 86 00:04:43,880 --> 00:04:45,860 So like we are in the middle of the winter. 87 00:04:46,415 --> 00:04:46,745 Matt: Yeah. 88 00:04:46,745 --> 00:04:47,885 So really cold. 89 00:04:48,095 --> 00:04:49,345 Uh, is the really cold. 90 00:04:49,415 --> 00:04:50,525 Yeah, it's the bottom line. 91 00:04:50,885 --> 00:04:51,335 Brilliant. 92 00:04:51,335 --> 00:04:55,715 So listen, given your, um, extensive experience, your 30 million, 93 00:04:55,775 --> 00:04:58,595 uh, experience in paid social advertising, I mean, there's a lot 94 00:04:58,595 --> 00:05:00,185 of lessons that you can learn, right? 95 00:05:00,515 --> 00:05:04,625 Uh, in that, especially on Facebook has 30 million, you should write a book, 30 96 00:05:04,625 --> 00:05:06,275 millions worth of lessons on Facebook ads. 97 00:05:06,665 --> 00:05:09,635 Uh, what are some of the common misconceptions then that you've 98 00:05:09,635 --> 00:05:13,145 encountered about using Facebook ads for e-commerce stores? 99 00:05:14,045 --> 00:05:17,285 And let's talk about those and let's talk about how we address them. 100 00:05:18,575 --> 00:05:22,385 Marin: So I would say that like people treat Facebook nowadays 101 00:05:22,385 --> 00:05:24,075 as it was like three years ago. 102 00:05:24,155 --> 00:05:27,665 Where you could have, like when there was like not much competition, we 103 00:05:27,670 --> 00:05:31,505 didn't have iOS 14.5 update problems. 104 00:05:31,685 --> 00:05:34,105 So basically there was a golden age of Facebook. 105 00:05:34,335 --> 00:05:39,225 You could just put a picture, find a, like a fancy product and you would earn money. 106 00:05:39,465 --> 00:05:40,125 Uh, yeah. 107 00:05:40,155 --> 00:05:41,685 With without any problems. 108 00:05:41,685 --> 00:05:46,425 Nowadays, like things changed, you need a lot more understanding of your 109 00:05:46,425 --> 00:05:50,055 messaging, a lot more understanding of your creatives, how to kind of like 110 00:05:50,115 --> 00:05:52,545 pull the levers inside the ad accounts. 111 00:05:52,550 --> 00:05:53,625 What moves the needle. 112 00:05:53,705 --> 00:05:54,315 Mm-hmm. 113 00:05:54,400 --> 00:05:58,425 Uh, but like one of the biggest mistakes is people kind of. 114 00:05:59,570 --> 00:06:02,060 I mean, people that are just starting, they see kind of like, 115 00:06:02,180 --> 00:06:04,040 okay, here's a traffic optimization. 116 00:06:04,040 --> 00:06:05,480 Let's optimize for traffic. 117 00:06:05,570 --> 00:06:08,480 But then you would get only people that would click on your ad, but 118 00:06:08,480 --> 00:06:09,620 they would not end up buying. 119 00:06:09,780 --> 00:06:10,100 Yeah. 120 00:06:10,105 --> 00:06:12,900 So they think, okay, let's now optimize for add to cart. 121 00:06:12,920 --> 00:06:14,620 That will get us cheaper add to carts. 122 00:06:14,900 --> 00:06:17,360 But like interestingly, Facebook is pretty smart. 123 00:06:17,510 --> 00:06:20,240 If you optimize for add to carts you will get only people 124 00:06:20,240 --> 00:06:21,700 that will add to your cart. 125 00:06:21,980 --> 00:06:23,150 And they would not end up buying. 126 00:06:23,350 --> 00:06:23,630 Right. 127 00:06:23,635 --> 00:06:28,040 So that, like, that's the biggest misconception that you, if you run any 128 00:06:28,100 --> 00:06:34,250 other conversion goal except uh, sales, you would get sales, you would not. 129 00:06:34,670 --> 00:06:37,100 So definitely always optimize for conversions. 130 00:06:37,160 --> 00:06:42,350 Especially, I mean, in my case, in my case, 100% of my clients are E-com 131 00:06:42,350 --> 00:06:44,510 stores, so their ultimate goal is sales. 132 00:06:44,750 --> 00:06:44,990 Mm-hmm. 133 00:06:45,070 --> 00:06:48,800 That's why we always optimize for conversions, because that's the end goal. 134 00:06:49,280 --> 00:06:52,070 So that would be the lesson number one. 135 00:06:52,070 --> 00:06:52,910 Lesson number two. 136 00:06:54,275 --> 00:06:57,185 Uh, you need to have, like, ads are only amplifier. 137 00:06:57,215 --> 00:06:58,535 They're cherry on the top. 138 00:06:58,745 --> 00:07:00,845 So you need to have like product market fit. 139 00:07:00,845 --> 00:07:05,705 You need to have like proven offer, proven funnel, great creative, and 140 00:07:05,705 --> 00:07:08,735 then you can utilize, uh, Facebook ads. 141 00:07:08,740 --> 00:07:10,955 So, as I said, they're just the amplifiers. 142 00:07:10,955 --> 00:07:13,565 You have the, you have to have a proper foundation. 143 00:07:13,835 --> 00:07:16,595 Before going into, into running ads. 144 00:07:16,775 --> 00:07:17,195 Matt: Yeah. 145 00:07:17,495 --> 00:07:17,675 Yeah. 146 00:07:17,675 --> 00:07:19,145 That's a really interesting point, isn't it? 147 00:07:19,475 --> 00:07:22,805 I loved your comment about, uh, we treat Facebook like we did three 148 00:07:22,810 --> 00:07:26,825 years ago, uh, and the golden age, the golden age of Facebook is, is now gone. 149 00:07:27,395 --> 00:07:31,565 Do you, I mean, we're gonna talk, I, I I want to get into some of these things 150 00:07:31,565 --> 00:07:35,225 that you mentioned, uh, Marin, but I'm, I just wanna sort of circle back to that. 151 00:07:35,395 --> 00:07:40,235 Do you think that the golden age of Facebook has actually gone, or is it. 152 00:07:41,330 --> 00:07:42,890 Is it just a little bit more buried? 153 00:07:42,890 --> 00:07:44,810 Do we have to sort of mine for the gold now? 154 00:07:45,710 --> 00:07:49,640 Marin: So if you asked me the same question, maybe a year ago, I would 155 00:07:49,645 --> 00:07:53,330 say like, it's definitely passed, like what worked before worked before. 156 00:07:53,330 --> 00:07:57,020 We are in the middle of kind of like iOS, uh, update. 157 00:07:57,050 --> 00:07:58,820 We didn't know like how to optimize. 158 00:07:58,820 --> 00:08:02,900 There were like not enough data from Facebook, but now I 159 00:08:02,900 --> 00:08:06,460 think that things definitely improved compared to a year ago. 160 00:08:07,340 --> 00:08:12,020 Facebook reintroduced the ability to see the breakdown from like 161 00:08:12,020 --> 00:08:15,890 what age, from gender, what country, uh, sales are coming from. 162 00:08:16,190 --> 00:08:21,380 They introduce ability to see from what period after seeing your ad or 163 00:08:21,380 --> 00:08:23,640 clicking on your ad someone bought, 164 00:08:23,720 --> 00:08:27,050 so basically you can understand whether your ad is driving 165 00:08:27,050 --> 00:08:30,650 incremental conversions in terms of the click or in terms of the view. 166 00:08:30,750 --> 00:08:31,350 Mm-hmm. 167 00:08:31,356 --> 00:08:34,580 Also, Facebook introduced one of the like best feature. 168 00:08:35,400 --> 00:08:38,150 Recently, like maybe six months ago, which is called Advantage Shopping 169 00:08:38,150 --> 00:08:44,330 Plus, which kind of like relies on AI and more automation and that is 170 00:08:44,330 --> 00:08:48,420 currently like outperforming everything in majority of my ad accounts. 171 00:08:48,740 --> 00:08:48,770 Okay. 172 00:08:48,770 --> 00:08:51,050 It is a bit of kind of like black box. 173 00:08:51,110 --> 00:08:52,490 We don't know how it works. 174 00:08:52,490 --> 00:08:55,281 We know it works like on a different algorithm compared to 175 00:08:55,286 --> 00:08:57,300 regular campaign, but it works. 176 00:08:58,120 --> 00:09:00,800 Matt: Ah, that's interesting because that was actually gonna be one of my 177 00:09:00,830 --> 00:09:04,430 questions, not necessarily about the black box, but, um, we've had guests 178 00:09:04,430 --> 00:09:08,600 on the show talking about the changes, you know, that were made in iOS 14.5 179 00:09:08,720 --> 00:09:12,560 and you know, apple basically killed Facebook, didn't they, a few years ago. 180 00:09:13,400 --> 00:09:16,220 Um, and we've heard people sort of talk about that and some of the things 181 00:09:16,220 --> 00:09:17,240 that you can do in the meantime. 182 00:09:17,240 --> 00:09:23,330 But I guess one of my questions was gonna be, um, how has Facebook responded 183 00:09:23,330 --> 00:09:26,840 to those changes because, The way I've heard people talk about it in the 184 00:09:26,840 --> 00:09:29,630 past, it's almost like Facebook just sort of went, oh yeah, we're dead now. 185 00:09:29,630 --> 00:09:30,320 Apple's killed us. 186 00:09:30,320 --> 00:09:30,710 That's it. 187 00:09:30,710 --> 00:09:33,530 I will run a full page ad and hopefully that will make everything all right. 188 00:09:34,070 --> 00:09:37,730 But I can't believe for one minute that's all Facebook have done. 189 00:09:37,730 --> 00:09:39,290 So what sort of things have they done? 190 00:09:39,290 --> 00:09:41,870 I mean, you've mentioned a few practical things there, but what is, 191 00:09:41,875 --> 00:09:46,700 is there anything else that Facebook has done to sort of resurrect their 192 00:09:46,700 --> 00:09:50,480 ad platform, uh, that we should be aware of that is really, you know, 193 00:09:50,510 --> 00:09:53,780 taking it forward for the next year or two and we should pay attention to. 194 00:09:54,845 --> 00:09:57,965 Marin: So definitely I think that like their tracking improved. 195 00:09:57,995 --> 00:10:01,745 So basically a year ago compared to now, it's totally different. 196 00:10:01,745 --> 00:10:06,425 We can actually see that more data is passing through to the ad account. 197 00:10:06,425 --> 00:10:09,245 We can see that more sales are happening. 198 00:10:09,455 --> 00:10:14,015 Yeah, I mean, like since the iOS, like the stores were not affected 199 00:10:14,015 --> 00:10:16,055 so much, their revenue was affected. 200 00:10:16,085 --> 00:10:20,815 But not to extend how, how less data was shown to Facebook because Facebook 201 00:10:20,815 --> 00:10:25,035 did not have the ability to kind of like connect person who bought with 202 00:10:25,035 --> 00:10:26,925 the ad on they, on which they clicked. 203 00:10:27,195 --> 00:10:29,205 So that, that was kind of like a big mistake. 204 00:10:29,205 --> 00:10:32,895 They introduced some of the steps like aggregated event measurement, 205 00:10:32,895 --> 00:10:36,165 which kind of like gives you a data with a, with a bit of delay. 206 00:10:36,345 --> 00:10:40,485 They launched some of the new, uh, campaign or like features like I've 207 00:10:40,485 --> 00:10:42,255 mentioned with Advantage Shopping Plus. 208 00:10:42,535 --> 00:10:45,375 They launched some of the new objective like website and 209 00:10:45,375 --> 00:10:46,995 shop instead of just websites. 210 00:10:46,995 --> 00:10:50,675 So basically you can buy, uh, right away on the platform. 211 00:10:50,865 --> 00:10:54,900 Like just browsing through the Instagram, you see product, you click, you go to the 212 00:10:54,900 --> 00:10:57,780 shop on Instagram and then you buy there. 213 00:10:57,780 --> 00:11:02,700 You don't have to go to the to the website because it's happening on platform. 214 00:11:03,280 --> 00:11:06,990 Facebook has that data and as I said, like a year ago, I was like super 215 00:11:06,990 --> 00:11:11,705 pessimistic, but to be honest, now I'm kind of like, Way more optimistic because 216 00:11:11,705 --> 00:11:13,715 Facebook is still the most robust system. 217 00:11:13,895 --> 00:11:15,905 It's still, it still has the most data. 218 00:11:16,085 --> 00:11:17,405 It's still most reliable. 219 00:11:17,405 --> 00:11:20,075 People are spending still most money there. 220 00:11:20,375 --> 00:11:23,266 People with the buying power that are your potential customers are 221 00:11:23,271 --> 00:11:24,935 still spending most of time there. 222 00:11:25,175 --> 00:11:28,865 So I think, like I, I, as I said, like I'm optimistic. 223 00:11:28,865 --> 00:11:33,105 I don't think it's, it's kind of like bad as it was a year ago. 224 00:11:33,585 --> 00:11:35,585 Matt: Yeah, that's quite nice to hear actually. 225 00:11:35,585 --> 00:11:39,095 It's quite refreshing, you know, that actually this, this thing can improve. 226 00:11:39,185 --> 00:11:41,555 Uh, it's sort of, it is nice to be slightly optimistic. 227 00:11:41,975 --> 00:11:45,335 Um, and I, I'm sure that, um, I'm sure that Facebook will be 228 00:11:45,335 --> 00:11:48,275 pleased that we are saying that, uh, on the e-commerce podcast. 229 00:11:48,785 --> 00:11:54,150 Um, So what's your, um, what's your approach, Marin? 230 00:11:54,170 --> 00:11:56,870 I mean, you've spent 30 million, uh, on Facebook ads. 231 00:11:56,870 --> 00:11:58,400 Like I said, that's the shed load of cash. 232 00:11:58,400 --> 00:11:58,760 Right. 233 00:11:58,820 --> 00:12:02,000 Um, so you've obviously learned a few things by doing that. 234 00:12:02,000 --> 00:12:08,565 So what's your approach then to creating uh, successful Facebook 235 00:12:08,570 --> 00:12:11,435 ads, uh, successful Facebook ad campaign for an e-commerce store. 236 00:12:11,440 --> 00:12:13,985 What, what are some of the key elements that I need to think about? 237 00:12:13,985 --> 00:12:18,485 You've mentioned, um, optimization for conversion, but what, what sort of other 238 00:12:18,485 --> 00:12:19,865 things should I be thinking about now? 239 00:12:20,555 --> 00:12:23,735 Marin: So, as I said, like product is the most important thing. 240 00:12:23,915 --> 00:12:28,685 Uh, we comes down like with where there's already proven market, uh, 241 00:12:28,715 --> 00:12:31,945 product market fit, and we are just there to kind of like to scale it. 242 00:12:32,415 --> 00:12:35,060 Obviously you need to have like a good offer. 243 00:12:35,150 --> 00:12:39,680 So let's say if you are running like 50% sale offer, it's better 244 00:12:39,680 --> 00:12:41,620 to frame it buy one, get one. 245 00:12:41,990 --> 00:12:45,410 Yeah, and like in 90% of the cases it would get more sales 246 00:12:45,410 --> 00:12:47,680 than when you say 50% off. 247 00:12:47,680 --> 00:12:51,080 So like those are kind of like some, some psychological tricks, 248 00:12:51,080 --> 00:12:54,990 marketing tricks that you need to incorporate in your advertising. 249 00:12:55,490 --> 00:12:59,540 Uh, in terms of the, like Facebook, I would say that most important thing 250 00:12:59,570 --> 00:13:03,290 is creative, so basically your ad whether it is a video or an image, 251 00:13:03,590 --> 00:13:08,060 because nowadays interest targeting is not so important because your 252 00:13:08,590 --> 00:13:09,880 creative is doing the targeting. 253 00:13:10,160 --> 00:13:13,250 So let's say if you have a same image with a different messaging, 254 00:13:13,430 --> 00:13:17,570 it would attract two completely different, uh, sort of people. 255 00:13:17,840 --> 00:13:23,090 So basically trying to understand what's kind of like an ideal messaging that would 256 00:13:23,090 --> 00:13:28,400 hit most of the people that would enable you to scale and also give, uh, like 257 00:13:28,400 --> 00:13:31,460 kind of like achieve your target results. 258 00:13:31,670 --> 00:13:33,500 So basically it all comes down to. 259 00:13:34,200 --> 00:13:39,600 To the messaging, to your research, why people bought from you, uh, what, what was 260 00:13:39,600 --> 00:13:41,490 kind of like potential issue they have. 261 00:13:41,490 --> 00:13:44,730 Because you could have like maybe collagen product that helps with, 262 00:13:44,790 --> 00:13:48,740 I don't know, better skin, but then you find out that like a lot more 263 00:13:48,740 --> 00:13:53,360 people bought product because, uh, they had, uh, issues with their hair. 264 00:13:53,450 --> 00:13:57,920 So your messaging then switches completely to the hair because what more people 265 00:13:57,920 --> 00:13:59,330 are resonating with that product. 266 00:13:59,600 --> 00:14:02,330 So when you find the angle that's working like that, kind 267 00:14:02,330 --> 00:14:03,710 of like amplifies everything. 268 00:14:03,950 --> 00:14:07,910 You incorporate it in your messaging, you incorporate that in your video, you 269 00:14:07,910 --> 00:14:09,920 incorporate that in your landing page. 270 00:14:09,920 --> 00:14:12,620 So basically all is focused to that. 271 00:14:12,950 --> 00:14:18,350 Also it's crucial to kind of like reach people with a different level 272 00:14:18,350 --> 00:14:20,360 of awareness and sophistication. 273 00:14:20,720 --> 00:14:24,650 So basically if you're talking about the benefits of your product to 274 00:14:24,650 --> 00:14:28,370 someone who doesn't even know it has a problem, like it wouldn't do well. 275 00:14:28,370 --> 00:14:28,430 Yeah. 276 00:14:28,670 --> 00:14:32,840 So basically you have different levels of sophistication and awareness. 277 00:14:33,140 --> 00:14:39,050 So basically first you want to kind of like maybe, uh, get people to qualify, 278 00:14:39,050 --> 00:14:43,250 let's say, do you have a problem with, uh, I don't know, bad skin? 279 00:14:43,400 --> 00:14:47,000 Like if someone is like in that age group, he's gonna say, oh yeah, that's me. 280 00:14:47,000 --> 00:14:48,920 I'm gonna like continue to watch the video. 281 00:14:49,220 --> 00:14:52,970 So basically then you kind of like hit the pain point, you agitate 282 00:14:52,970 --> 00:14:54,810 it, then you present the solution. 283 00:14:55,220 --> 00:14:58,880 Then like in the later stage, someone is kind of like 284 00:14:59,810 --> 00:15:01,460 familiar that he has a problem. 285 00:15:01,460 --> 00:15:04,660 So you are gonna present some of the benefits that your product has. 286 00:15:04,960 --> 00:15:09,245 If he doesn't buy after all, at the end, you're gonna like, maybe kind 287 00:15:09,245 --> 00:15:13,145 of like, uh, show some other cases of people that try the product. 288 00:15:13,145 --> 00:15:17,615 So basically showcases social proof, emphasize your offer, that it is kind of 289 00:15:17,620 --> 00:15:19,955 like maybe 30 day money back guarantee. 290 00:15:20,195 --> 00:15:24,455 So basically, based on the different level your people in your 291 00:15:24,455 --> 00:15:29,525 funnel are, you have to approach them with a different messaging. 292 00:15:30,485 --> 00:15:32,945 Matt: So the, um, well, one, thank you. 293 00:15:32,945 --> 00:15:33,695 There's a lot there. 294 00:15:33,695 --> 00:15:35,765 Let's, let's sort of dig into some of those. 295 00:15:36,395 --> 00:15:38,645 So let me circle back to the beginning. 296 00:15:38,645 --> 00:15:40,505 You talked about the product market fit. 297 00:15:40,505 --> 00:15:43,355 So you, um, Facebook ads works very, very well. 298 00:15:43,355 --> 00:15:46,535 If there's proven demand for an existing, you know, if you, if you know this 299 00:15:46,535 --> 00:15:50,635 product's gonna sell and sell well, you can use Facebook, uh, ads to amplify that. 300 00:15:51,555 --> 00:15:57,290 And you talked about, um, having, you know, the right, uh, funnel, for example. 301 00:15:57,290 --> 00:16:00,500 So you've got a good product, you've got a good funnel, um, that you're sending 302 00:16:00,505 --> 00:16:03,170 into, and obviously good ad creatives and those things sort of work together. 303 00:16:04,670 --> 00:16:08,870 What would happen if you are, if you're just starting out or if 304 00:16:08,875 --> 00:16:09,920 you've got a product which you. 305 00:16:11,000 --> 00:16:12,710 You know, is, is a new product. 306 00:16:12,710 --> 00:16:16,760 So you go back to the collagen example, um, I create a new 307 00:16:16,760 --> 00:16:18,620 version of collagen, for example. 308 00:16:18,620 --> 00:16:21,350 So I don't know necessarily about product market fit. 309 00:16:21,860 --> 00:16:26,060 Um, I know that collagen kind of sells, but I don't know 310 00:16:26,060 --> 00:16:27,680 specifically about this product. 311 00:16:28,070 --> 00:16:31,130 Um, is I guess Facebook ads. 312 00:16:31,130 --> 00:16:35,300 How do I, can I make Facebook ads work if I don't know that 313 00:16:35,300 --> 00:16:36,530 there's a proven market fit? 314 00:16:38,510 --> 00:16:39,230 And if so, how? 315 00:16:39,230 --> 00:16:40,640 How would I go about doing that? 316 00:16:41,480 --> 00:16:44,720 Marin: So I would say that like it would be very hard. 317 00:16:45,185 --> 00:16:50,345 Uh, your product needs to have a unique identifier, compared to the other product. 318 00:16:50,350 --> 00:16:53,795 So it needs to have, I don't know, maybe a better taste, maybe 319 00:16:54,005 --> 00:16:55,785 more percentage of collagen. 320 00:16:55,805 --> 00:16:59,825 Something that you can base your messaging because without that, your product is 321 00:16:59,825 --> 00:17:02,315 just same as all the others on the market. 322 00:17:02,315 --> 00:17:02,375 Yeah. 323 00:17:02,545 --> 00:17:02,625 Yeah. 324 00:17:02,630 --> 00:17:06,305 So basically you need to differentiate your product in some way that 325 00:17:06,305 --> 00:17:07,925 is better than the competitors. 326 00:17:08,235 --> 00:17:10,445 That's kind of like proven business model. 327 00:17:10,445 --> 00:17:13,625 A lot of people just find the like cheap stuff on Ali Express. 328 00:17:13,625 --> 00:17:16,655 They make one change that's way better than the other, and they 329 00:17:16,655 --> 00:17:17,945 make a business out of that. 330 00:17:17,955 --> 00:17:18,395 Mm-hmm. 331 00:17:18,475 --> 00:17:19,595 So that would be a first step. 332 00:17:19,895 --> 00:17:25,265 The second step is that I would go through all the kind of like reviews on collagen 333 00:17:25,265 --> 00:17:29,835 of my competitors, maybe on Amazon, maybe on their website, to see what they're 334 00:17:29,840 --> 00:17:33,215 talking about, like why they bought the product, why they're like satisfied. 335 00:17:33,245 --> 00:17:38,675 What is their kind of like, um, What is their state, what is their situation 336 00:17:39,014 --> 00:17:43,445 kind of like in which, what phase of life they are basically, that is 337 00:17:43,445 --> 00:17:49,175 kind of like getting you like all the ammo for your, for your messaging. 338 00:17:49,175 --> 00:17:53,135 You are realizing who your customer persona is, why they're buying. 339 00:17:53,135 --> 00:17:53,195 Yeah. 340 00:17:53,525 --> 00:17:56,435 And then you focus most on, on that one. 341 00:17:56,795 --> 00:18:00,514 In terms of the, like Facebook setup, as I said, I would definitely 342 00:18:00,514 --> 00:18:02,705 go with, uh, with conversions. 343 00:18:03,005 --> 00:18:06,965 Uh, if you're selling a, a physical product, Uh, setup 344 00:18:06,965 --> 00:18:08,194 would be like, pretty simple. 345 00:18:08,194 --> 00:18:12,154 I would kind of like pick an angle that I think is most promising. 346 00:18:12,154 --> 00:18:16,415 I would create, uh, multiple images, but with a different 347 00:18:16,415 --> 00:18:18,545 maybe hook of the messaging. 348 00:18:18,545 --> 00:18:23,315 So if we find out that like, here is the biggest issue, uh, for people that are 349 00:18:23,315 --> 00:18:28,264 buying collagen, we are gonna message, we are gonna kind of like try to showcase 350 00:18:28,264 --> 00:18:30,174 our messaging about the hair loss. 351 00:18:30,574 --> 00:18:34,040 Maybe like on what, what are the pain points of like when you are, 352 00:18:34,130 --> 00:18:37,670 uh, dealing with the hair loss, what are the benefits for each? 353 00:18:37,670 --> 00:18:40,670 I would create like multiple version of that messaging. 354 00:18:40,969 --> 00:18:45,199 And then after testing, Facebook is great because you can see which ad 355 00:18:45,205 --> 00:18:49,699 got most click, which ad is kind of like, uh, getting people to buy most. 356 00:18:49,759 --> 00:18:53,420 Then when you kind of like get initial data, then you double down on that and 357 00:18:53,420 --> 00:18:55,330 create even more variation of something. 358 00:18:55,630 --> 00:18:57,875 So basically we always have an assumption. 359 00:18:57,904 --> 00:19:02,685 We just try to maximize the chances of our assumption being successful. 360 00:19:03,170 --> 00:19:03,530 Matt: Yeah. 361 00:19:03,530 --> 00:19:04,159 No, I like that. 362 00:19:04,159 --> 00:19:09,200 So, um, so you're taking a product, you're testing and you can use Facebook to test 363 00:19:09,200 --> 00:19:10,730 a hypothesis, can't you, to test this? 364 00:19:10,730 --> 00:19:14,300 Like you say this assumption, will this ad conversion or this ad copy 365 00:19:14,300 --> 00:19:15,320 work better than this ad copy? 366 00:19:15,325 --> 00:19:16,040 Well, we can test that. 367 00:19:16,040 --> 00:19:19,159 We can, we can figure out, um, what people are really after with this. 368 00:19:19,700 --> 00:19:23,630 And I like the idea of, um, going through Amazon reviews and trying 369 00:19:23,630 --> 00:19:25,110 to figure out, you know, what.. 370 00:19:25,180 --> 00:19:26,179 Marin: It's a gold mine. 371 00:19:26,480 --> 00:19:29,835 Amazon reviews and subreddits, like it's a gold mine. 372 00:19:30,935 --> 00:19:31,610 Matt: It's interesting, isn't it? 373 00:19:31,610 --> 00:19:33,260 Cause not many people do it. 374 00:19:33,409 --> 00:19:35,630 Uh, and we. 375 00:19:36,904 --> 00:19:41,105 I just did a workshop actually last week with some clients, um, big 376 00:19:41,105 --> 00:19:44,975 e-commerce business, you know, selling, selling a fair few products online. 377 00:19:45,605 --> 00:19:48,275 Uh, and in the first workshop I'm like, well, let's just go through the Amazon 378 00:19:48,275 --> 00:19:49,534 reviews and see what people are saying. 379 00:19:49,534 --> 00:19:51,574 And, and it is just like, well, we never thought about this. 380 00:19:51,574 --> 00:19:54,125 And it, it's a really interesting thing to do. 381 00:19:54,130 --> 00:20:00,105 And we had, um, uh, Max Sinclair on the podcast from, uh, E-comtent 382 00:20:00,125 --> 00:20:04,774 and he was showing, he was sort of explaining how you can use chat GPT 383 00:20:04,795 --> 00:20:06,475 now to even do it all for you, right? 384 00:20:06,475 --> 00:20:10,165 To go through the reviews and tell you the information, the lazy man's 385 00:20:10,165 --> 00:20:13,645 version of going through Amazon reviews to get chat GPT to do it. 386 00:20:14,455 --> 00:20:18,955 So, um, you talked about creative, right? 387 00:20:18,955 --> 00:20:24,364 So you've got a, you've got your proven product, um, and we've tested that. 388 00:20:24,364 --> 00:20:25,955 We understand that. 389 00:20:26,105 --> 00:20:29,014 Um, and then you've, you've talked about creative. 390 00:20:29,014 --> 00:20:32,525 One of the things that you mentioned was in your creative, you've got to 391 00:20:32,525 --> 00:20:36,054 have a sort of, I think the phrase you used was a unique identifier. 392 00:20:36,364 --> 00:20:39,335 Um, something that makes it stand out and is different 393 00:20:39,335 --> 00:20:41,964 from everybody else out there. 394 00:20:42,725 --> 00:20:48,364 Do those, when you talk about those differences, do they have to be, um, 395 00:20:48,980 --> 00:20:50,470 What's the right phrase here, Marin? 396 00:20:50,540 --> 00:20:53,870 Uh, do they have to be big differences or can they just be really tiny differences? 397 00:20:53,870 --> 00:20:58,010 I just have to emphasize them because maybe my product is super similar and 398 00:20:58,010 --> 00:21:01,670 I, but I, I can tell you that it's maybe different packaging or slightly 399 00:21:01,670 --> 00:21:03,800 different flavor, but is that enough? 400 00:21:04,760 --> 00:21:09,845 Marin: So it needs to either save your money, save your time, or 401 00:21:10,175 --> 00:21:14,740 make, you get to the end goal, in a shorter time, let's say you have. 402 00:21:14,740 --> 00:21:15,980 I don't know. 403 00:21:16,250 --> 00:21:22,310 Um, let's say LED light face mask, that kind of like takes 10 minute, uh, a 404 00:21:22,310 --> 00:21:27,670 day to get like treatment to your, get your, uh, face like, uh, without acne. 405 00:21:27,980 --> 00:21:31,550 So one, it could be cheaper than competitors. 406 00:21:31,610 --> 00:21:35,300 Two, that kind of like, saves you money, uh, saves you time. 407 00:21:35,654 --> 00:21:39,134 Like, let's say competitors like Mask takes 10 minutes, but your 408 00:21:39,134 --> 00:21:41,364 mask takes five minutes per routine. 409 00:21:41,384 --> 00:21:41,475 Mm-hmm. 410 00:21:41,714 --> 00:21:42,554 That saves you time. 411 00:21:42,975 --> 00:21:45,884 Uh, the third one, it gets you kind of like, it's more effective. 412 00:21:45,884 --> 00:21:53,475 So basically maybe a wave length of your, um, uh, LED lights is lot, lot, uh, wider. 413 00:21:53,480 --> 00:21:56,514 So basically you penetrate the skin more powerful. 414 00:21:56,520 --> 00:22:00,705 So those are like three different, uh, different. 415 00:22:01,385 --> 00:22:05,764 Like features of your product that gets you edge on the market above 416 00:22:05,770 --> 00:22:07,025 the, all the other competition. 417 00:22:07,235 --> 00:22:10,355 Obviously you can combine all three and create a premium product. 418 00:22:10,625 --> 00:22:14,915 Then it just depends like whether it's kind of like, uh, doable, but 419 00:22:14,975 --> 00:22:18,245 definitely it needs to kind of like either saves you time, saves you money, 420 00:22:18,485 --> 00:22:20,635 gets to the end goal quicker, or mm-hmm. 421 00:22:20,715 --> 00:22:24,965 Or kind of like, I would say those three are kind of like the, the most important, 422 00:22:24,965 --> 00:22:26,925 obviously just like a different packaging. 423 00:22:27,304 --> 00:22:28,909 Uh, would not do the trick. 424 00:22:29,120 --> 00:22:31,190 So it needs to be something tangible. 425 00:22:31,790 --> 00:22:33,620 Matt: Yeah, no, fair enough. 426 00:22:33,679 --> 00:22:39,650 So, um, having this unique identifier, having a USP and marketing that 427 00:22:40,250 --> 00:22:43,219 aspect with those three areas that you mentioned, is, is quite 428 00:22:43,225 --> 00:22:44,840 critical then for Facebook, isn't it? 429 00:22:44,840 --> 00:22:47,000 It's, um, it helps you stand out. 430 00:22:47,000 --> 00:22:51,259 It, I, I like to use a phrase, beige as in, I don't want to be beige. 431 00:22:51,320 --> 00:22:53,540 I don't want to sort of blend in with everybody else. 432 00:22:55,175 --> 00:22:57,755 So that then brings us nicely to creative. 433 00:22:57,905 --> 00:23:03,065 Um, so I, I understand what my different differentiators are, right? 434 00:23:03,065 --> 00:23:04,865 How I'm gonna stand out from the competition. 435 00:23:05,525 --> 00:23:11,074 So how do I go about creating compelling creative, I've just heard that back in 436 00:23:11,074 --> 00:23:13,445 my head, creating compelling creative. 437 00:23:13,995 --> 00:23:15,565 Marin: That's, that's well said. 438 00:23:15,565 --> 00:23:19,355 So basically there are multiple, uh, styles of creative that we 439 00:23:19,355 --> 00:23:21,635 know are usually working the best. 440 00:23:21,635 --> 00:23:25,095 So I would say that the most important one currently that is working 441 00:23:25,095 --> 00:23:29,975 across majority of the ad account is UGC, user generated content. 442 00:23:30,395 --> 00:23:33,935 Yeah, so like it also depends to, who do you advertise? 443 00:23:33,935 --> 00:23:37,114 Like if you advertise to like, I don't know, boomers, then that 444 00:23:37,114 --> 00:23:40,804 info commercial style like we see on TV is gonna work better. 445 00:23:41,110 --> 00:23:44,530 But if you advertise to Gen Z, then like that TikTok style with the 446 00:23:44,530 --> 00:23:46,840 fast-paced editing is gonna work better. 447 00:23:47,320 --> 00:23:51,130 In terms of the style of the creative, like, I like to stick like maybe 448 00:23:51,130 --> 00:23:55,630 2, 3, 4, that are main one that are uh, kind of like working the best. 449 00:23:56,540 --> 00:23:58,020 Those are combined with the UGC. 450 00:23:58,040 --> 00:24:02,270 So like one would be product demonstration video in which you case, like what's 451 00:24:02,270 --> 00:24:06,199 your product, how does it work, like, uh, what it does, how it can help you. 452 00:24:06,500 --> 00:24:09,770 The other would be like a testimonial review, which is kind of like 453 00:24:09,770 --> 00:24:12,830 a genuine review of a person that already tried the product. 454 00:24:13,130 --> 00:24:17,989 The third one would be potentially unboxing video that you kind of like, uh, 455 00:24:18,020 --> 00:24:22,970 imagine yourself and you are unboxing the product, like how, how happy would you be 456 00:24:22,970 --> 00:24:25,970 and like to, to get that genuine reaction. 457 00:24:26,330 --> 00:24:29,240 One can be like emphasizing the offer if you have something, 458 00:24:29,240 --> 00:24:31,389 some discount or stuff like that. 459 00:24:31,830 --> 00:24:35,330 But I would say like sometimes you can combine all those three. 460 00:24:35,630 --> 00:24:39,030 What is important is that you showcase that unique mechanism 461 00:24:39,110 --> 00:24:40,580 somewhere in the video. 462 00:24:40,820 --> 00:24:44,390 So like the most simple and one of the most effective 463 00:24:44,970 --> 00:24:47,770 framework is pain agitate solution. 464 00:24:47,780 --> 00:24:47,870 Mm-hmm. 465 00:24:48,130 --> 00:24:52,580 So basically you get someone to qualify, you, uh, identify their pain point. 466 00:24:52,580 --> 00:24:56,210 You agitate it, you compare it to all the other inferior solution. 467 00:24:56,240 --> 00:24:58,790 Then you present your product with a unique mechanism. 468 00:24:59,030 --> 00:25:02,060 Then you showcase the end goal, and then you showcase, I don't know, 469 00:25:02,060 --> 00:25:03,770 testimonial and the call to action. 470 00:25:03,770 --> 00:25:06,430 So that, that's kind of like a one simple framework. 471 00:25:07,264 --> 00:25:12,695 What is also really, really important, uh, for Facebook ads is the hook of the video. 472 00:25:12,965 --> 00:25:17,014 So basically those are three, uh, first three seconds of a video. 473 00:25:17,525 --> 00:25:21,185 We usually, when we create one video, we create like multiple variation of a 474 00:25:21,185 --> 00:25:26,495 hook because that can kind of like make or break your ad because a different 475 00:25:26,500 --> 00:25:30,625 hook can kind of like, Get more people to watch the rest of your video. 476 00:25:30,815 --> 00:25:35,405 So if you're amplifying the, your chances of getting more people to watch you get 477 00:25:35,465 --> 00:25:38,045 more people potentially to your website. 478 00:25:38,375 --> 00:25:43,745 So like that's again, uh, one thing to test that we, that we usually do. 479 00:25:44,135 --> 00:25:44,435 Matt: Okay. 480 00:25:44,440 --> 00:25:47,165 So, uh, let's just circle back on that a little bit. 481 00:25:47,165 --> 00:25:51,425 So your first three seconds of your content count, you've gotta get in there, 482 00:25:51,425 --> 00:25:52,985 hook and try different types of hooks. 483 00:25:52,985 --> 00:25:57,469 So what are some examples of hooks that you guys have used or seen being 484 00:25:57,469 --> 00:25:58,940 used that have worked really well. 485 00:25:58,940 --> 00:26:01,730 What, when you say hook specifically, give us some examples. 486 00:26:01,730 --> 00:26:04,100 I think it'd be good to sort of pitch that in our hands. 487 00:26:04,100 --> 00:26:06,739 Marin: Yeah, so it would be probably better if you can guys, if you 488 00:26:06,739 --> 00:26:08,270 guys can see something like that. 489 00:26:08,299 --> 00:26:12,489 But like asking a question, let's say if you are selling a product, 490 00:26:12,770 --> 00:26:16,159 uh, for, I don't know, supplement for football players, one, one 491 00:26:16,159 --> 00:26:19,989 hook can be, are you a football player looking to get pro contract. 492 00:26:20,529 --> 00:26:26,270 The second hook can be, I don't know, uh, my teammates are, uh, asking me 493 00:26:26,270 --> 00:26:28,460 what secret weapon am, am I using? 494 00:26:28,520 --> 00:26:30,770 The third can be, uh, I don't know. 495 00:26:31,010 --> 00:26:35,060 Uh, coach, the coach is asking me what extra training I've been doing. 496 00:26:35,120 --> 00:26:35,400 Mm-hmm. 497 00:26:35,480 --> 00:26:37,120 So basically those are three different hooks. 498 00:26:37,125 --> 00:26:41,090 So like, it can be question, it can be question, uh, on people or on 499 00:26:41,090 --> 00:26:42,679 which people are gonna identify. 500 00:26:42,679 --> 00:26:44,150 So like, are you a football player? 501 00:26:44,350 --> 00:26:46,590 If I'm a football player, then like, okay, that's me. 502 00:26:47,100 --> 00:26:48,570 I'm gonna watch the rest of the video. 503 00:26:48,900 --> 00:26:52,980 Uh, it can be, um, kind of like communicating the angle. 504 00:26:52,980 --> 00:26:56,279 So if someone is like looking for a pro contract that can resonate 505 00:26:56,279 --> 00:26:59,790 with them, uh, one can be kind of like a pattern interrupt. 506 00:26:59,850 --> 00:27:03,330 So basically instead of going, you know, like regular uh, time 507 00:27:03,389 --> 00:27:06,480 timeline of the video, you can take one of the scene from the middle 508 00:27:06,480 --> 00:27:07,735 of the video, which kind of like. 509 00:27:08,255 --> 00:27:11,150 I don't know, person that scores a goal. 510 00:27:11,179 --> 00:27:13,850 So like at at the end, like you're okay what's happening here? 511 00:27:13,850 --> 00:27:15,330 It's not regular part of the video. 512 00:27:15,900 --> 00:27:18,080 It can be kind of like a countdown timer. 513 00:27:18,080 --> 00:27:19,909 So let's say 3, 2, 1. 514 00:27:19,909 --> 00:27:22,279 So like you're watching, okay, something is happening here. 515 00:27:22,639 --> 00:27:25,580 It can be something that's kind of like oddly satisfying. 516 00:27:25,670 --> 00:27:29,449 That's again kind of like works because of the TikTok, which introduce that trend. 517 00:27:29,449 --> 00:27:32,860 So people like patterns, people like order, so like they're watching. 518 00:27:33,335 --> 00:27:36,005 Kind of like, uh, oddly satisfying shot. 519 00:27:36,335 --> 00:27:39,245 It can be something gross, something completely weird. 520 00:27:39,605 --> 00:27:45,725 So basically, I don't know, showcasing, uh, some, I don't know if person 521 00:27:45,755 --> 00:27:48,065 has like, uh, fungus on their feet. 522 00:27:48,065 --> 00:27:51,455 So basically showcasing that people are kind of, okay, what's that? 523 00:27:51,485 --> 00:27:55,145 And they're kind of like, inclined to watch the rest of the video or like maybe. 524 00:27:56,525 --> 00:28:00,784 Cheese or like some rotten food if you're selling some, uh, food products. 525 00:28:00,784 --> 00:28:02,525 So basically you want to get their attention. 526 00:28:02,525 --> 00:28:02,614 Mm-hmm. 527 00:28:02,855 --> 00:28:06,304 No matter if it's not kind of like directly correlated to the video, it 528 00:28:06,304 --> 00:28:09,965 needs to be correlated in some sense because potentially you're gonna address 529 00:28:09,965 --> 00:28:14,855 that rotten food later in your video as a part of your marketing angle. 530 00:28:14,855 --> 00:28:18,784 But those are kind of like the most important one, asking the question, 531 00:28:18,815 --> 00:28:24,784 pattern interrupt, countdown timers, um, communicating the angle. 532 00:28:24,784 --> 00:28:25,965 So stuff like that. 533 00:28:26,355 --> 00:28:26,715 Matt: Yeah. 534 00:28:27,225 --> 00:28:28,040 No, I like that. 535 00:28:28,040 --> 00:28:29,240 I, that's great. 536 00:28:29,240 --> 00:28:32,600 There's lots of examples there, and I love the simplicity of asking a question, an 537 00:28:32,600 --> 00:28:34,580 arresting question that's sort of, yeah. 538 00:28:34,639 --> 00:28:39,740 Um, because I, I tend to find, uh, Marin, I, I, how true this is, I don't 539 00:28:39,740 --> 00:28:42,830 know, but I, I was always sort of led to believe that whenever you ask a 540 00:28:42,835 --> 00:28:44,690 question, everybody actually answers it. 541 00:28:44,690 --> 00:28:47,780 Even if it's subconsciously you're, you're sort of getting that buy-in. 542 00:28:48,290 --> 00:28:50,870 So are you a footballer would be an interesting question. 543 00:28:51,225 --> 00:28:54,255 Um, and different people would say yes or no, Do you know what I mean, but they, 544 00:28:54,255 --> 00:28:55,995 everybody would answer that question. 545 00:28:56,054 --> 00:29:00,255 Um, and so you are using hooks then in the, sort of the first three seconds. 546 00:29:00,824 --> 00:29:04,185 Um, you, you've got the videos or your user generated content. 547 00:29:04,634 --> 00:29:08,505 Um, when it comes to user generated content, actually there's a good question. 548 00:29:09,375 --> 00:29:13,545 How do you, do you give direction? 549 00:29:13,634 --> 00:29:17,444 So for example, using this idea of a hook in the first three seconds. 550 00:29:18,335 --> 00:29:21,995 Is that something that you would add onto a user-generated video or is that 551 00:29:21,995 --> 00:29:25,264 something that you tell the person doing the user-generated content that 552 00:29:25,264 --> 00:29:27,245 you want them to add, for example? 553 00:29:27,935 --> 00:29:33,755 Marin: Yeah, so basically they get a script like, uh, each, each user that 554 00:29:33,755 --> 00:29:38,045 films the content, he gets a, he gets a script, like, I don't know, you get like 555 00:29:38,045 --> 00:29:40,534 three hooks and the rest of the same. 556 00:29:40,534 --> 00:29:43,595 So basically you're gonna film yourself how you are putting 557 00:29:43,595 --> 00:29:44,885 the supplement in a shaker. 558 00:29:44,915 --> 00:29:46,150 How are you shaking it? 559 00:29:46,480 --> 00:29:47,870 Uh, like how are you drinking? 560 00:29:47,870 --> 00:29:50,360 Like what are the benefits of using the product there? 561 00:29:50,360 --> 00:29:54,259 Like maybe you tried some, some, some other products, but they did not work. 562 00:29:54,264 --> 00:29:56,060 So basically they create a script. 563 00:29:56,330 --> 00:29:57,080 They everything. 564 00:29:57,110 --> 00:30:00,920 They film everything, uh, raw and they send us a raw file and then 565 00:30:00,925 --> 00:30:05,929 we edit it, uh, in-house to kind of like get that, uh, full video. 566 00:30:05,989 --> 00:30:08,750 When we get the full video, we just attach three different hooks. 567 00:30:08,750 --> 00:30:11,389 So basically out of one video we have three variation. 568 00:30:11,690 --> 00:30:15,025 Then we test and based on the data we see, okay, which makes sense. 569 00:30:15,315 --> 00:30:20,195 Let's say, I don't know, uh, your coach is kind of like asking you if 570 00:30:20,195 --> 00:30:22,685 you're getting some extra work, then we are gonna double down on that 571 00:30:22,685 --> 00:30:24,304 and create more variation of that. 572 00:30:24,514 --> 00:30:27,695 Maybe create a whole video based on that hook, because that's what 573 00:30:27,695 --> 00:30:29,135 most people are resonating with. 574 00:30:29,764 --> 00:30:30,185 Matt: Okay. 575 00:30:30,455 --> 00:30:30,844 Okay. 576 00:30:31,085 --> 00:30:35,150 But it's interesting that you are, um, I mean, when it comes to dealing with people 577 00:30:35,150 --> 00:30:36,620 doing the user generated content video. 578 00:30:36,620 --> 00:30:41,630 You are giving them scripts, um, as opposed to them just doing it however 579 00:30:41,630 --> 00:30:43,310 they feel like and however they want to. 580 00:30:43,460 --> 00:30:45,560 You're, you're actually giving them some guidance, right? 581 00:30:45,739 --> 00:30:46,040 Marin: Yeah. 582 00:30:46,045 --> 00:30:50,090 If it's kind of like, um, existing customer that we just want to film 583 00:30:50,090 --> 00:30:53,509 kind of like a review, then we, then we'll have to, uh, to, to 584 00:30:53,509 --> 00:30:55,400 say with their own words to feel. 585 00:30:55,520 --> 00:30:57,199 So it's kind of like more genuine. 586 00:30:57,750 --> 00:31:01,530 Uh, but like majority of those reviews are not kind of like 587 00:31:01,530 --> 00:31:02,850 a good material for the ad. 588 00:31:02,850 --> 00:31:07,680 Yeah, they're good in some parts, but you get a video of like two minutes girl 589 00:31:07,680 --> 00:31:10,860 talking about the product, which is kind of like not ideal for a Facebook ad. 590 00:31:11,030 --> 00:31:15,020 Yeah, that's why we want to kind of like have, uh, fast pace editing, 591 00:31:15,290 --> 00:31:18,290 uh, for the product, like showcase all the important elements. 592 00:31:18,290 --> 00:31:22,370 Like I said, hook, uh, agitate the problem, present 593 00:31:22,370 --> 00:31:23,720 a solution, unique mechanism. 594 00:31:23,720 --> 00:31:26,900 So like when you frame that video in a multiple sequences, then you 595 00:31:26,900 --> 00:31:31,490 know it kind of like it's a proven framework compared to some random 596 00:31:31,490 --> 00:31:33,080 girl just talking about product. 597 00:31:33,290 --> 00:31:34,440 Obviously it can work. 598 00:31:34,880 --> 00:31:38,404 But when we are dealing with the content creators, then we 599 00:31:38,404 --> 00:31:39,904 like usually give them scripts. 600 00:31:39,904 --> 00:31:43,895 They don't have to like follow it to the T, but this has to be like part 601 00:31:43,895 --> 00:31:47,105 of their uh, materials they film. 602 00:31:48,005 --> 00:31:50,945 Matt: So where's, um, if I, I'm just thinking people listening to the show, 603 00:31:50,945 --> 00:31:52,114 they'll be like, well, this is great. 604 00:31:52,384 --> 00:31:54,815 Um, user generated content is a popular thing. 605 00:31:55,085 --> 00:31:56,375 I mean, full disclosure. 606 00:31:56,465 --> 00:32:00,995 Um, we're using user generated content now in our own ecomm businesses. 607 00:32:01,025 --> 00:32:03,125 So I, you know, I'm, I'm, I'm intrigued. 608 00:32:03,125 --> 00:32:04,685 My ears are perking up. 609 00:32:05,344 --> 00:32:12,485 Um, where do you go to find people that can create the UGC for you? 610 00:32:12,485 --> 00:32:14,915 Where's, where's sort of two or three good places to look 611 00:32:14,975 --> 00:32:16,145 in, in, from your experience? 612 00:32:17,345 --> 00:32:21,725 Marin: So in majority of the cases we work with, uh, creative agencies that 613 00:32:21,725 --> 00:32:24,215 already have a network of UGC creators. 614 00:32:24,215 --> 00:32:27,205 So when you reach out to an agency, they have like list of, I don't know, 615 00:32:27,210 --> 00:32:29,255 over 100 people that they work with. 616 00:32:29,255 --> 00:32:32,165 You can see their portfolio, things they, uh, filmed. 617 00:32:32,195 --> 00:32:35,945 You can kind of like pick based on, uh, age and gender. 618 00:32:36,200 --> 00:32:39,110 And like some demographics from which country they are, because 619 00:32:39,110 --> 00:32:40,880 accent is sometimes pretty important. 620 00:32:41,240 --> 00:32:42,350 And then you check their works. 621 00:32:42,350 --> 00:32:44,780 Then you select, okay, I want this, this, this person. 622 00:32:45,020 --> 00:32:48,139 Then they create a script and you get kind of like the full video. 623 00:32:48,560 --> 00:32:49,850 If you want to do it on your own. 624 00:32:49,850 --> 00:32:53,330 You can reach people on Instagram, you can find people with just 625 00:32:53,335 --> 00:32:56,840 like UGC creator, uh uh, like tag. 626 00:32:58,534 --> 00:33:03,094 On Twitter, you can kind of like use some of the native platforms, uh, that people 627 00:33:03,094 --> 00:33:05,195 have, like TikTok Creator Marketplace. 628 00:33:05,225 --> 00:33:05,315 Mm-hmm. 629 00:33:05,554 --> 00:33:10,085 And you actually also put some filters and you get list of people that are into, 630 00:33:10,355 --> 00:33:12,574 uh, kind of like creating UGC concepts. 631 00:33:12,574 --> 00:33:15,094 Some, like, some people are kind of like living out of that. 632 00:33:15,665 --> 00:33:21,215 Uh, so like you have also some platforms where you can kind of like create a script 633 00:33:21,455 --> 00:33:26,764 and get kind of like, also pick among a lot of people, like, uh, who your, 634 00:33:27,005 --> 00:33:30,875 who, your content creator you want to be, let's say below or stuff like that. 635 00:33:30,880 --> 00:33:35,345 You have a lot of, uh, influencers, agencies that are working with 636 00:33:35,345 --> 00:33:40,639 the kind of like, People in the space that can film you content. 637 00:33:40,990 --> 00:33:44,614 So basically there's a lot of opportunity to find a UGC because 638 00:33:44,614 --> 00:33:45,905 it's booming at the moment. 639 00:33:46,145 --> 00:33:47,525 Matt: Yeah, it's a booming industry, isn't it? 640 00:33:47,885 --> 00:33:51,915 What, uh, maybe this is the wrong question, Marinna, but 641 00:33:52,114 --> 00:33:58,395 what sort of budget do I need to have in my head for UGC creation? 642 00:33:59,659 --> 00:34:03,440 Marin: So like, it can go, like if you're searching on your own, it 643 00:34:03,440 --> 00:34:08,270 can go like just from gifting a free product up to like 5k per video. 644 00:34:08,300 --> 00:34:08,330 Mm. 645 00:34:08,719 --> 00:34:13,580 So there, there's definitely no kind of, uh, there's no kind 646 00:34:13,585 --> 00:34:14,900 of like minimum and maximum. 647 00:34:14,929 --> 00:34:20,029 It also depends whether you want, uh, content creator to post your video on 648 00:34:20,029 --> 00:34:24,239 their profile, on their kind of like Instagram channel to amplify the chance 649 00:34:24,239 --> 00:34:28,654 of more people seeing that, uh, video or whether you want them 650 00:34:28,654 --> 00:34:32,884 just like to film and to like send the raw mm-hmm uh, files to you. 651 00:34:32,884 --> 00:34:35,984 And there you, then you're gonna edit it depending on what you want. 652 00:34:36,004 --> 00:34:41,235 Like we, in paid social, we majority want people to shoot the shoot 653 00:34:41,235 --> 00:34:42,844 the content and send it to us. 654 00:34:42,844 --> 00:34:44,714 We don't care whether they will post it or not. 655 00:34:44,714 --> 00:34:46,504 We are gonna test all the content in the ads. 656 00:34:46,804 --> 00:34:52,310 People that are relying on influencer, uh, strategy, they want influencer to 657 00:34:52,310 --> 00:34:54,679 post to get the exposure for the brand. 658 00:34:54,679 --> 00:34:56,710 So it's totally depending on your strategy. 659 00:34:57,680 --> 00:34:58,069 Matt: Okay. 660 00:34:58,160 --> 00:34:59,330 That's interesting, isn't it? 661 00:34:59,509 --> 00:35:04,819 Um, so what does a typical company spend? 662 00:35:05,089 --> 00:35:08,910 Um, I mean, I, I don't wanna spend 5,000 pounds on one specific influencer. 663 00:35:08,910 --> 00:35:14,585 I don't, I don't think I do, but, um, What's, what's a typical 664 00:35:14,585 --> 00:35:15,815 sort of monthly budget then? 665 00:35:15,815 --> 00:35:18,335 Would I, I'm just pulling figures out the air here. 666 00:35:18,485 --> 00:35:21,905 Uh, Marin, just to give some side of context, I think for people, does 667 00:35:21,905 --> 00:35:23,615 a thousand dollars a month work? 668 00:35:23,615 --> 00:35:25,325 Do I need $2,000 a month? 669 00:35:25,330 --> 00:35:27,215 What, what do you think? 670 00:35:27,220 --> 00:35:30,185 Marin: So for, for a content creator or for the influencer 671 00:35:30,185 --> 00:35:31,985 campaign, uh, agent kind of? 672 00:35:33,140 --> 00:35:35,450 Matt: Yeah, just for someone to create these videos that I can 673 00:35:35,450 --> 00:35:37,580 use in the Facebook ad where they send me all the videos. 674 00:35:37,580 --> 00:35:40,040 Marin: Yeah, so you can get like, you can, like if you're gonna do it 675 00:35:40,040 --> 00:35:43,790 on your own, I think you can find like people on Instagram that go on 676 00:35:43,790 --> 00:35:47,750 film, you can kind of like content for like, I don't know, 200 bucks. 677 00:35:47,755 --> 00:35:48,210 Matt: Mm-hmm. 678 00:35:49,279 --> 00:35:53,359 Yeah, so, so it's not actually that expensive and the 679 00:35:53,359 --> 00:35:54,620 barriers to entry aren't high. 680 00:35:54,620 --> 00:35:56,359 You can actually get started with it. 681 00:35:56,450 --> 00:35:57,589 Um, you don't need to go and, 682 00:35:57,589 --> 00:35:59,990 Marin: yeah, like you would have to like find, I don't know, 20 people. 683 00:35:59,995 --> 00:36:02,240 Out of 20, 10 will respond out of 10. 684 00:36:02,245 --> 00:36:07,490 Like five would not kind of like, uh, be interested out of five, that reply, like, 685 00:36:07,669 --> 00:36:09,319 you are gonna be like, too expensive. 686 00:36:09,529 --> 00:36:11,180 Like you are gonna end up working with one. 687 00:36:11,330 --> 00:36:14,899 So it's kind of, If you want a content, it's better. 688 00:36:14,899 --> 00:36:18,049 If you have a budget and you want the content, it's better go to the agency. 689 00:36:18,259 --> 00:36:23,479 If not, there's some, some platforms online that you can kind of like get 690 00:36:23,479 --> 00:36:25,609 video for, I don't know, 60, 70 bucks. 691 00:36:25,759 --> 00:36:27,769 And it's easier because they already have a list. 692 00:36:27,769 --> 00:36:31,069 You just put your brief, uh, kind of like they are handled. 693 00:36:31,100 --> 00:36:31,999 They handle everything. 694 00:36:32,524 --> 00:36:36,484 Yeah, because it's super time consuming to find, uh, someone and like you don't 695 00:36:36,484 --> 00:36:40,145 know whether they're good in front of camera, what kind of like content it is 696 00:36:40,205 --> 00:36:43,805 to deliver, like whether they're gonna like film you at different hooks or not. 697 00:36:43,805 --> 00:36:45,305 So yeah, it really depends. 698 00:36:45,860 --> 00:36:46,220 Matt: Yeah. 699 00:36:46,279 --> 00:36:46,430 No. 700 00:36:46,430 --> 00:36:46,790 Okay. 701 00:36:46,850 --> 00:36:47,270 Fair enough. 702 00:36:47,299 --> 00:36:51,230 Uh, it is, like you say, time consuming and complex. 703 00:36:51,680 --> 00:36:52,759 So let's get back then. 704 00:36:52,759 --> 00:36:55,190 So we've got our creative, we've got some good user generated 705 00:36:55,190 --> 00:36:56,240 content created, right? 706 00:36:56,270 --> 00:37:01,250 We've got a, a proven product and, um, we're sending them to, uh, a 707 00:37:01,250 --> 00:37:04,040 specific funnel on our webpage. 708 00:37:04,040 --> 00:37:08,040 So that's all optimized for the product that we're selling and related to 709 00:37:08,040 --> 00:37:09,440 ithe offer that we're advertising. 710 00:37:10,430 --> 00:37:11,870 And so the whole thing's complete. 711 00:37:12,529 --> 00:37:16,609 Have you, um, I'm really curious because obviously you've done this a lot, right? 712 00:37:17,149 --> 00:37:20,240 Have you got any sort of stories that you can share? 713 00:37:20,660 --> 00:37:23,779 Um, maybe without mentioning client names, I don't wanna put you in a 714 00:37:23,785 --> 00:37:27,890 tricky spot where, where things have gone well or where things have, on 715 00:37:27,890 --> 00:37:31,189 the other hand have gone incredibly complicated all of a sudden. 716 00:37:31,189 --> 00:37:34,180 I'm kind of curious what, what sort of story gems you have? 717 00:37:34,740 --> 00:37:37,865 Marin: Yeah, so like there are definitely some kind of like best 718 00:37:37,865 --> 00:37:41,375 cases when you get to the fact where like, I don't know, client is already 719 00:37:41,455 --> 00:37:45,516 spending 2-3K a day and you just got there and you just simplified the 720 00:37:45,520 --> 00:37:49,384 budget because you know how to optimize better, how to maximize the efficiency. 721 00:37:49,654 --> 00:37:52,115 And you get them, like in, within, within a month, you get 722 00:37:52,115 --> 00:37:53,765 them to over 10K a day mm-hmm. 723 00:37:54,095 --> 00:37:54,785 In spend. 724 00:37:55,265 --> 00:37:59,165 Then obviously if you're responsible only for the marketing, you don't know what's 725 00:37:59,170 --> 00:38:01,024 happening, kind of like in the back end. 726 00:38:01,024 --> 00:38:02,225 Do they have enough stock? 727 00:38:02,495 --> 00:38:04,634 Uh, are their margins good enough? 728 00:38:04,685 --> 00:38:06,154 Uh, like what's happening? 729 00:38:06,154 --> 00:38:11,045 So basically one, one time we, we kind of like scaled one store uh, let's say 730 00:38:11,045 --> 00:38:17,435 to the moon, but then, uh, then kind of like they, they kind of like, they 731 00:38:17,435 --> 00:38:21,995 didn't have stock anymore, so basically we had to turn off the ads for a month. 732 00:38:22,295 --> 00:38:26,105 Once we turn one bit, we kind of like turn back the ads on, like we never get 733 00:38:26,110 --> 00:38:30,125 to the level before, not in terms of the spend, not in terms of the efficiency. 734 00:38:30,335 --> 00:38:33,365 So that was kind of like probably one of the. 735 00:38:34,205 --> 00:38:37,835 One of the biggest horror story that could be potentially like huge success 736 00:38:38,075 --> 00:38:42,455 because like one, one month is kind of like, pretty much you can get like a lot 737 00:38:42,455 --> 00:38:46,805 of, uh, competitors, especially if you are kind of like having a unique product. 738 00:38:46,805 --> 00:38:47,975 You're first on the market. 739 00:38:48,035 --> 00:38:48,125 Mm-hmm. 740 00:38:48,370 --> 00:38:53,194 And then you get like a lot of copycats, uh, that are creating inferior products 741 00:38:53,225 --> 00:38:55,025 that they can sell for cheaper. 742 00:38:55,055 --> 00:38:58,325 So basically they, they, they take chunk of your market. 743 00:38:58,625 --> 00:39:02,230 All the customers do not know that your, that their product is inferior. 744 00:39:02,620 --> 00:39:02,970 Matt: Mm. 745 00:39:03,359 --> 00:39:03,509 Yeah. 746 00:39:03,530 --> 00:39:04,250 No fair play. 747 00:39:04,670 --> 00:39:08,870 I was laughing when you talked about the, the client that, uh, had all the stock run 748 00:39:08,870 --> 00:39:10,490 out, because that's been me in the past. 749 00:39:11,660 --> 00:39:15,590 Um, you know, where you just don't anticipate how well a campaign is actually 750 00:39:15,590 --> 00:39:17,180 gonna do, you know, and these things fly. 751 00:39:17,180 --> 00:39:22,700 We, um, we did a campaign in the last few weeks that, um, I 752 00:39:22,700 --> 00:39:23,990 mean it out pulled everything. 753 00:39:25,640 --> 00:39:26,120 By, what was it? 754 00:39:26,120 --> 00:39:27,320 480%. 755 00:39:27,320 --> 00:39:28,610 I mean, it was just crazy. 756 00:39:28,670 --> 00:39:30,680 The, the, the, the, the differential. 757 00:39:30,680 --> 00:39:33,440 And within four weeks we'd done a year's worth of work and 758 00:39:33,440 --> 00:39:35,090 you're kind like, oh my goodness. 759 00:39:35,390 --> 00:39:37,670 Um, you know, that was, that was a bit crazy. 760 00:39:37,670 --> 00:39:40,880 So it's nice when they come along, um, yeah, but it's, they are 761 00:39:40,880 --> 00:39:42,470 difficult to plan for, aren't they? 762 00:39:42,470 --> 00:39:46,370 They're, they're difficult to, cuz you just, sometimes you hit these sort of 763 00:39:46,400 --> 00:39:49,950 veins and then sometimes, Everything's a bit more measured, isn't it? 764 00:39:49,950 --> 00:39:52,319 And a bit more sort of normal how you'd expect it to be. 765 00:39:52,319 --> 00:39:54,990 So I, I, I see that's, um, I see that's a problem. 766 00:39:55,589 --> 00:39:59,910 Where do you go Marin if you, I mean you personally, where do you 767 00:39:59,910 --> 00:40:02,039 go to sort of stay up to date? 768 00:40:02,189 --> 00:40:07,140 Um, with all the latest trends and whatever's changing in Facebook, if 769 00:40:07,140 --> 00:40:10,079 I wanted to sort of try and stay up with it and find the latest news and, 770 00:40:10,529 --> 00:40:13,229 and understandings, what, what sort of places do you hang out in that 771 00:40:13,229 --> 00:40:15,080 sort of feeds that information to you? 772 00:40:15,830 --> 00:40:19,924 Marin: So in terms of like, uh, e-commerce and, uh, like media 773 00:40:19,930 --> 00:40:25,115 buying in this like d2c, uh, space, I'm kind of like, uh, there are two 774 00:40:25,115 --> 00:40:27,185 places like listening to podcasts. 775 00:40:27,185 --> 00:40:27,274 Mm-hmm. 776 00:40:27,814 --> 00:40:31,535 And the other is Twitter, D2C community, which is amazing. 777 00:40:31,535 --> 00:40:32,345 Which is kind of like, yeah. 778 00:40:32,345 --> 00:40:37,014 I think light years ahead of Facebook communities and like Linkedin. 779 00:40:37,340 --> 00:40:40,490 So basically that Twitter D2C community is amazing. 780 00:40:40,490 --> 00:40:42,680 You get like people that are testing lot of stuff. 781 00:40:42,680 --> 00:40:47,000 You get agency owner, you have like a lot of brand owners that are sharing. 782 00:40:47,540 --> 00:40:50,750 I think the, the value there is amazing. 783 00:40:50,750 --> 00:40:56,029 So definitely whoever is in D2C space and has its own store and wants to 784 00:40:56,035 --> 00:40:59,840 grow it, uh, or is into media buying, definitely needs to be on Twitter. 785 00:41:00,440 --> 00:41:00,770 Matt: Yeah. 786 00:41:00,770 --> 00:41:01,009 Yeah. 787 00:41:01,009 --> 00:41:03,569 Are there any specific hashtags that you sort of connect with? 788 00:41:04,049 --> 00:41:05,285 Marin: Not really hashtags. 789 00:41:05,285 --> 00:41:07,924 There are kind of like just people into space. 790 00:41:07,975 --> 00:41:12,395 You, you kind of like when you start following like 10, 5, 10 of of them, 791 00:41:12,634 --> 00:41:16,234 you will see a lot more that are constantly posting, providing the value. 792 00:41:16,625 --> 00:41:21,845 Uh, I'm one of those, like I just started on Twitter, like so far I 793 00:41:21,845 --> 00:41:25,625 was just like lurking the content until like past few months ago. 794 00:41:25,865 --> 00:41:28,275 But then I started posting and. 795 00:41:28,940 --> 00:41:33,049 Like, you get lot of leads there, you get lot of connections, uh, kind of like 796 00:41:33,080 --> 00:41:36,890 interesting people that are doing similar, people that reach out to you for advice. 797 00:41:36,890 --> 00:41:39,650 You get to reach out, uh, to other people. 798 00:41:39,650 --> 00:41:40,970 You are sharing experience. 799 00:41:40,975 --> 00:41:42,230 What's working for you. 800 00:41:42,560 --> 00:41:47,000 Uh, so basically I cannot recommend, uh, D2C Twitter enough. 801 00:41:47,600 --> 00:41:47,810 Matt: Yeah. 802 00:41:47,810 --> 00:41:47,990 Yeah. 803 00:41:47,990 --> 00:41:48,500 Have a look. 804 00:41:48,500 --> 00:41:48,890 Have a look. 805 00:41:49,190 --> 00:41:51,440 And you, you prefer that to LinkedIn, did you say? 806 00:41:52,220 --> 00:41:52,670 Marin: Yeah. 807 00:41:52,670 --> 00:41:53,299 Yeah, definitely. 808 00:41:53,299 --> 00:41:59,465 I think that like LinkedIn is kind of like couple of months' behind the Twitter in 809 00:41:59,465 --> 00:42:02,825 terms of like what's happening and what's kind of like trending, what's actual, 810 00:42:02,825 --> 00:42:08,375 I don't know anybody from like this, like D2C that is kind of like sharing 811 00:42:08,825 --> 00:42:10,025 constantly on Twitter, on LinkedIn. 812 00:42:10,030 --> 00:42:13,805 They are, but I think that they, they're just kind of like 813 00:42:13,805 --> 00:42:15,575 repurposing stuff from Twitter. 814 00:42:15,580 --> 00:42:15,865 Yeah. 815 00:42:15,865 --> 00:42:19,355 Uh, similar to kind of like IG reels, people are creating, uh, 816 00:42:19,385 --> 00:42:23,205 content for TikTok, but then they just repurpose it for IG reels. 817 00:42:23,725 --> 00:42:24,754 Matt: Yeah, no, fair enough. 818 00:42:24,904 --> 00:42:25,354 Fair enough. 819 00:42:25,685 --> 00:42:28,924 I, I like you I've just sort of recently got back into Twitter a little bit. 820 00:42:28,924 --> 00:42:32,345 I think Elon Musk taking it over and sort of resurrected it in my thinking. 821 00:42:32,345 --> 00:42:33,245 Yeah, definitely. 822 00:42:33,665 --> 00:42:36,064 And you kind of think, oh, I must, I must look at Twitter again. 823 00:42:36,515 --> 00:42:40,624 Um, so you are a, a Facebook ads agency. 824 00:42:41,044 --> 00:42:44,774 Um, if somebody's listening to the show and they're looking for a Facebook 825 00:42:44,774 --> 00:42:49,690 ads agency, Um, what are some of the things that they should think about? 826 00:42:49,695 --> 00:42:52,750 Some of the top tips for getting the most out of your ads agency? 827 00:42:52,750 --> 00:42:54,550 I mean, you've obviously worked with a lot of clients. 828 00:42:54,550 --> 00:42:58,240 What, what makes a really good client from your point of view, um, that 829 00:42:58,240 --> 00:43:01,300 is this gonna help people get the most out of their, their agency? 830 00:43:02,110 --> 00:43:06,520 Marin: So in terms of kind of like, uh, what we look from a client, as 831 00:43:06,520 --> 00:43:09,880 I mentioned, like several times, if they already have a pro market fit, 832 00:43:09,910 --> 00:43:14,509 if they're spending at least 1k a day on Facebook ads, because that's 833 00:43:14,630 --> 00:43:16,250 where we are the strongest we can get. 834 00:43:16,549 --> 00:43:19,190 Like most data, we have experience scaling the brands. 835 00:43:19,580 --> 00:43:24,230 In terms of like, if one, uh, client wants to hire a potential agency, not 836 00:43:24,230 --> 00:43:30,049 necessarily ours, I would definitely kind of like, uh, ask for an agency to kind of 837 00:43:30,049 --> 00:43:34,720 like show, showcase some kind of like case study of proof of competence after DIS. 838 00:43:34,779 --> 00:43:35,390 Mm-hmm. 839 00:43:35,475 --> 00:43:37,250 Uh, because that, that's crucial. 840 00:43:37,250 --> 00:43:40,670 I would potentially ask them kind of like get connected. 841 00:43:40,670 --> 00:43:46,190 We have one of those, one of their, uh, existing clients, uh, to kind of like 842 00:43:46,220 --> 00:43:49,130 get, uh, testimonial or referral fee. 843 00:43:49,490 --> 00:43:54,470 I would also ask like, what, what are kind of like specific deliverables 844 00:43:54,470 --> 00:43:55,790 the the agency is gonna do? 845 00:43:56,839 --> 00:44:00,589 Uh, are they kind of like optimize in terms of the optimization, ads creation, 846 00:44:00,890 --> 00:44:06,290 uh, reports, uh, weekly calls like Slack communication, uh, stuff like that. 847 00:44:06,529 --> 00:44:09,290 And basically what happens if the results are not there? 848 00:44:09,799 --> 00:44:12,740 Yeah, because the last thing you want to do is kind of like commit someone to a 849 00:44:12,740 --> 00:44:15,799 three month period and then like after month you see that your results are 850 00:44:15,799 --> 00:44:18,529 worse than when you did that in-house. 851 00:44:18,980 --> 00:44:20,210 Matt: Yeah, no, fair enough. 852 00:44:20,330 --> 00:44:24,260 And I mean, I guess coming back to that point, if someone comes, you know, 853 00:44:24,290 --> 00:44:27,980 if someone's gonna sign up with an agency, what's a good bedding in period? 854 00:44:27,980 --> 00:44:30,200 I mean, you know, people wanna see results tomorrow. 855 00:44:30,200 --> 00:44:32,420 I, I always think that's probably slightly unrealistic. 856 00:44:32,810 --> 00:44:37,220 So what's a sort of a, a good, um, bedding in period that people 857 00:44:37,225 --> 00:44:38,220 should, should have in mind? 858 00:44:38,460 --> 00:44:40,970 Do you need, do you need to give an agency sort of three to six months? 859 00:44:40,970 --> 00:44:42,200 Is it a few weeks? 860 00:44:42,200 --> 00:44:43,970 Where, where, where, whereabouts on the spectrum? 861 00:44:44,270 --> 00:44:49,430 Marin: So I think like after a few weeks, you can see how the performance 862 00:44:49,430 --> 00:44:50,509 and the optimization is there. 863 00:44:50,509 --> 00:44:53,829 If someone is like in the other account only once a week, you, 864 00:44:53,834 --> 00:44:55,370 you, that's an immediate red flag. 865 00:44:55,399 --> 00:44:58,430 If they're not responding to your messages, that's another red flag. 866 00:44:58,729 --> 00:45:01,579 So basically, I would kind of like value, what is the communication? 867 00:45:01,584 --> 00:45:02,390 Do they have a roadmap? 868 00:45:03,004 --> 00:45:05,674 What they plan to do and how they plan to execute. 869 00:45:05,944 --> 00:45:09,754 Maybe they have like plan, but you are not there to support their goals 870 00:45:09,754 --> 00:45:13,174 because you cannot maybe provide the creatives or your product is out of 871 00:45:13,174 --> 00:45:17,555 stock, or you don't have like, capacity to test, uh, some things on your, on 872 00:45:17,555 --> 00:45:19,055 your landing page, on your website. 873 00:45:19,084 --> 00:45:19,714 Then it's on you. 874 00:45:19,714 --> 00:45:22,805 Then it's not maybe on agency because agency is not a visitor. 875 00:45:22,805 --> 00:45:25,684 They can, they cannot just like, uh, do this and kind 876 00:45:25,684 --> 00:45:28,004 of like fix your uh, traffic. 877 00:45:28,340 --> 00:45:31,220 They can fix your traffic problem, but they potentially cannot fix 878 00:45:31,220 --> 00:45:32,480 your conversion rate problem. 879 00:45:32,630 --> 00:45:35,570 Yeah, uh, definitely to get some traction with the results. 880 00:45:37,070 --> 00:45:40,400 As I said, like after like two, three weeks, you can see in their account 881 00:45:40,580 --> 00:45:44,390 how often they're changing, how often they're testing, like maybe results are 882 00:45:44,420 --> 00:45:48,110 not there, but they're trying, they're testing, they're gonna hit something soon. 883 00:45:48,440 --> 00:45:52,250 Uh, in terms of actually kind of like what, how I like to do is 884 00:45:52,250 --> 00:45:54,380 kind of like set up foundation. 885 00:45:54,380 --> 00:45:57,500 Then we, when then we have like a good foundation and we are 886 00:45:57,560 --> 00:46:00,770 having some traction, then we are gonna increase the spend. 887 00:46:00,799 --> 00:46:04,279 It doesn't make sense just for increasing the spend and like, okay, 888 00:46:04,310 --> 00:46:06,200 this maybe work soon, maybe not. 889 00:46:06,410 --> 00:46:07,400 So it doesn't make sense. 890 00:46:07,400 --> 00:46:12,140 You have to, like, your agency has to be transparent with you, how they work, what 891 00:46:12,145 --> 00:46:17,270 they plan to do, and what are they gonna do when they hit the goal and what are, 892 00:46:17,480 --> 00:46:21,200 what they're not going, what, what they're gonna do if the results are not there. 893 00:46:22,145 --> 00:46:22,385 Matt: Yeah. 894 00:46:22,385 --> 00:46:23,645 Super, super important. 895 00:46:23,645 --> 00:46:26,645 And I, I, I, uh, I liked your statement. 896 00:46:26,645 --> 00:46:28,115 The agencies aren't wizards. 897 00:46:28,475 --> 00:46:31,505 Uh, and I can hear all the agencies around the world just going, amen. 898 00:46:33,575 --> 00:46:33,875 Yeah. 899 00:46:33,935 --> 00:46:38,245 Uh, as you, as you, as you mentioned, that they're not gonna fix your, Your broken 900 00:46:38,245 --> 00:46:40,855 problems in your business, but they can help you get more people to your website. 901 00:46:40,855 --> 00:46:41,215 Love it. 902 00:46:41,275 --> 00:46:42,055 Love it, love it, love it. 903 00:46:42,835 --> 00:46:47,455 Listen, Marin, as you know, this show is sponsored by, uh, e-commerce cohort, 904 00:46:47,455 --> 00:46:51,025 which helps e-commerce businesses deliver wow to their customers through 905 00:46:51,025 --> 00:46:52,645 things like coaching and training. 906 00:46:53,035 --> 00:46:54,475 And so imagine, right? 907 00:46:54,505 --> 00:46:56,395 You are in a room. 908 00:46:56,934 --> 00:47:00,624 Uh, you, you've been a speaker at a keynote event, uh, and the room's 909 00:47:00,624 --> 00:47:02,274 full of the cohort guys, right? 910 00:47:02,274 --> 00:47:05,214 They're all guys and gals, they're all sat, they're all eager to learn from 911 00:47:05,214 --> 00:47:08,874 you, and so you've just delivered, you know, your, your most practical speech 912 00:47:08,874 --> 00:47:10,615 on how to do Facebook advertising. 913 00:47:11,705 --> 00:47:15,125 Uh, and you, you kind of get your round of applause at the ending. 914 00:47:15,125 --> 00:47:18,905 You sort of stand there and you thank, well, I'd like to thank, uh, 915 00:47:18,905 --> 00:47:21,575 I'd like to take this opportunity to thank, uh, those who have 916 00:47:21,575 --> 00:47:23,585 influenced my own e-commerce journey. 917 00:47:23,585 --> 00:47:28,055 I'm curious to know who would you thank and why, and obviously this 918 00:47:28,060 --> 00:47:31,775 can include anyone from your family, mentors, authors, software, podcasters. 919 00:47:31,805 --> 00:47:35,365 The, the list is long, but who is on your list? 920 00:47:36,504 --> 00:47:36,714 Marin: Yeah. 921 00:47:36,714 --> 00:47:40,444 So in terms of the, like my ecom journey, there are two people that I 922 00:47:40,444 --> 00:47:43,234 think I will be eternally grateful for. 923 00:47:43,234 --> 00:47:46,535 One, uh, is a friend that was into Facebook ads that 924 00:47:46,564 --> 00:47:47,975 got me into Facebook ads. 925 00:47:48,064 --> 00:47:48,305 Mm-hmm. 926 00:47:48,785 --> 00:47:52,634 Uh, on my senior year of college when I kind of like started learning with him. 927 00:47:52,754 --> 00:47:57,484 So he learned me, he kind of like, Got me into this and the other 928 00:47:57,484 --> 00:48:01,955 person is my partner at the agency who got me more into the E-com. 929 00:48:01,955 --> 00:48:05,075 So basically I was, I was pretty good at Facebook ads, but he kind of 930 00:48:05,075 --> 00:48:09,245 like led paths to kind of like e-com and the things that we mentioned. 931 00:48:09,484 --> 00:48:09,575 Mm-hmm. 932 00:48:09,819 --> 00:48:12,725 Those that is kind of like from the e-com side, from the kind of like 933 00:48:12,785 --> 00:48:17,584 some side of a private, uh, things like definitely my family because they 934 00:48:17,584 --> 00:48:23,075 supported me because I didn't know I would kind of, Do digital marketing. 935 00:48:23,435 --> 00:48:25,955 Uh, I didn't know I would start my business, although I kind of 936 00:48:25,955 --> 00:48:29,105 like finished computer science, which is very promising career. 937 00:48:29,464 --> 00:48:29,555 Mm-hmm. 938 00:48:29,794 --> 00:48:32,544 But I did not end up working a day in this industry. 939 00:48:32,549 --> 00:48:36,185 So like there was no, uh, there was no like, kind of like 940 00:48:36,185 --> 00:48:38,330 callbacks from their side supports. 941 00:48:38,645 --> 00:48:41,645 And at the, at the moment definitely my girlfriend who is kind of like, 942 00:48:42,154 --> 00:48:46,025 Uh, supportive enough, even though I sometimes have, uh, calls in, I 943 00:48:46,025 --> 00:48:50,555 don't know, 6, 7, 8 pm with, uh, yeah, with, uh, with people from the US. 944 00:48:50,560 --> 00:48:52,444 So definitely, definitely her. 945 00:48:53,255 --> 00:48:53,884 Matt: Oh, I'm with you. 946 00:48:53,884 --> 00:48:55,295 I, I mean, it's, it's interesting. 947 00:48:55,295 --> 00:48:57,365 Is it, I mean, I've, I've been married this year, 25 years. 948 00:48:57,995 --> 00:48:58,924 Uh, Marin a long time. 949 00:48:58,924 --> 00:48:59,285 Congrats. 950 00:48:59,345 --> 00:48:59,975 Uh, yeah, yeah. 951 00:48:59,975 --> 00:49:00,544 No, it's awesome. 952 00:49:00,544 --> 00:49:02,705 And uh, you know, it's beautiful. 953 00:49:02,705 --> 00:49:06,305 My wife hasn't slapped me yet because like you, I do a lot of calls in the evening 954 00:49:06,305 --> 00:49:09,185 cuz we have a lot of international clients in the States and New Zealand, Australia. 955 00:49:09,785 --> 00:49:13,115 And so realistically when you're in the UK you have to, you have to do calls 956 00:49:13,115 --> 00:49:14,884 late into the evening and so, yeah. 957 00:49:14,884 --> 00:49:14,886 Yeah. 958 00:49:14,944 --> 00:49:15,995 Um, we have. 959 00:49:16,419 --> 00:49:22,089 We have specific nights where I am allowed to do calls and specific nights where I'm 960 00:49:22,089 --> 00:49:23,709 not allowed to do calls in the evening. 961 00:49:24,160 --> 00:49:28,270 Uh, and I stick to that religiously and my marriage has prospered as a result. 962 00:49:28,270 --> 00:49:31,540 But, um, yeah, uh, you definitely don't get here without the support 963 00:49:31,544 --> 00:49:32,890 of a good partner, that's for sure. 964 00:49:32,890 --> 00:49:34,810 So, um, I'm, I'm with you on that. 965 00:49:34,810 --> 00:49:35,890 So fantastic. 966 00:49:35,950 --> 00:49:38,620 And it's great actually that the amount of people you talk to and 967 00:49:38,620 --> 00:49:39,910 you're like, how did you get into this? 968 00:49:39,910 --> 00:49:44,109 It's like, well, they kind of stumble into something because of a friend or a family 969 00:49:44,109 --> 00:49:45,609 or something that just happened and. 970 00:49:46,089 --> 00:49:48,100 And that's all part of the magic of life, isn't it? 971 00:49:48,100 --> 00:49:49,180 It's all quite wonderful. 972 00:49:49,539 --> 00:49:52,870 Listen, Marin, it's been an absolute treat to talking to you. 973 00:49:52,870 --> 00:49:54,069 The time has disappeared. 974 00:49:54,069 --> 00:49:56,950 I've got about 20 more questions to ask you, but frankly, uh, 975 00:49:56,950 --> 00:49:58,839 you know, we've run out of time. 976 00:49:59,379 --> 00:50:01,299 Um, so how do people reach you? 977 00:50:01,299 --> 00:50:05,229 What's the best way for them to connect with you, your agency, if 978 00:50:05,229 --> 00:50:06,599 that's, uh, what they wanna do? 979 00:50:07,489 --> 00:50:10,040 Marin: Uh, so if you want to learn more about our agency, 980 00:50:10,040 --> 00:50:12,060 go to inspirebrandsgroup.com. 981 00:50:12,470 --> 00:50:14,510 Uh, there are kind of like some of the case studies, how 982 00:50:14,510 --> 00:50:16,130 we work, who we worked with. 983 00:50:16,130 --> 00:50:17,330 What are some of the results? 984 00:50:17,360 --> 00:50:20,630 If you want to connect with me, probably the best thing is 985 00:50:20,840 --> 00:50:22,520 either on LinkedIn or on Twitter. 986 00:50:22,520 --> 00:50:25,370 I would say like Twitter, I'm kind of like more responsive there. 987 00:50:25,400 --> 00:50:30,080 I share a lot of, lot more stuff than I share here, like on a daily basis. 988 00:50:30,410 --> 00:50:30,590 Mm-hmm. 989 00:50:30,830 --> 00:50:33,950 Uh, so like you don't have to necessarily connect with me. 990 00:50:33,950 --> 00:50:38,045 You can learn uh, some stuff, but if you reach out to me, I'll be more glad. 991 00:50:38,075 --> 00:50:39,605 Uh, more than glad to answer. 992 00:50:40,174 --> 00:50:40,955 Matt: Fantastic. 993 00:50:40,955 --> 00:50:41,585 Reach out. 994 00:50:41,645 --> 00:50:43,234 I'm, I'm gonna connect with you on Twitter. 995 00:50:43,325 --> 00:50:44,404 That's what I'm gonna do after this recording. 996 00:50:44,795 --> 00:50:46,055 Uh, we'll, we'll reach out with you. 997 00:50:46,535 --> 00:50:51,515 Uh, but yes, we will of course link to Marin's info in the show notes, um, which 998 00:50:51,515 --> 00:50:55,605 you can get along for free, along with the transcript, at ecommercepodcast.net. 999 00:50:55,625 --> 00:50:58,475 And of course, if you sign up to the newsletter, all of those links will, 1000 00:50:58,535 --> 00:51:00,995 uh, wing their way to your inbox. 1001 00:51:01,305 --> 00:51:01,984 Marin, listen. 1002 00:51:03,035 --> 00:51:04,564 Thank you so much for joining me, bud. 1003 00:51:04,564 --> 00:51:06,214 It's been a great conversation. 1004 00:51:06,274 --> 00:51:10,995 Uh, it, it's sort of recaptured my interest in Facebook advertising. 1005 00:51:11,274 --> 00:51:11,944 Facebook ads aren't dead. 1006 00:51:12,154 --> 00:51:15,515 Uh, and, and so, um, thanks for sharing your insight. 1007 00:51:15,575 --> 00:51:16,625 Uh, thanks for sharing your thoughts. 1008 00:51:16,835 --> 00:51:20,375 I have, I have two pages of notes for my team tomorrow, uh, where we will 1009 00:51:20,379 --> 00:51:21,714 get, where we'll go through all this. 1010 00:51:21,904 --> 00:51:23,044 Um, so I appreciate that. 1011 00:51:23,044 --> 00:51:24,035 Thank you for joining me. 1012 00:51:24,095 --> 00:51:26,245 It's been an absolute treat. 1013 00:51:26,245 --> 00:51:27,350 Marin: Thank you for having me. 1014 00:51:27,800 --> 00:51:28,610 Matt: Oh, it's been great. 1015 00:51:28,610 --> 00:51:29,750 So yes, there you go. 1016 00:51:29,750 --> 00:51:31,670 Huge thanks to Marin for joining me today. 1017 00:51:31,940 --> 00:51:35,450 Also, a big shout out to today's show sponsor E-commerce cohort. 1018 00:51:35,880 --> 00:51:41,950 Remember to check out their free online training at ecommercecycles.com. 1019 00:51:42,310 --> 00:51:45,760 Also be sure to follow the e-commerce podcast wherever you get your podcast 1020 00:51:45,760 --> 00:51:49,270 from, uh, because we have some more great conversations lined up. 1021 00:51:49,390 --> 00:51:51,670 And frankly, I don't want you to miss any of them. 1022 00:51:51,790 --> 00:51:56,320 And before I wrap up today's episode, let me just take a moment to invite you, my 1023 00:51:56,325 --> 00:51:59,440 dear listener, to become part of the show. 1024 00:51:59,445 --> 00:52:02,770 If you are an e-commerce entrepreneur or an expert and 1025 00:52:02,770 --> 00:52:04,520 would like to share your insights. 1026 00:52:04,520 --> 00:52:08,055 Your story, your journey with the e-Commerce podcast audience. 1027 00:52:08,060 --> 00:52:10,785 Then we would love to hear from you. 1028 00:52:11,055 --> 00:52:11,685 Of course. 1029 00:52:11,865 --> 00:52:14,715 If that's not you, but you know someone who would be, uh, a great 1030 00:52:14,715 --> 00:52:16,935 guest, then why not also refer them? 1031 00:52:16,935 --> 00:52:20,575 Just head over to our website, ecommercepodcast.net. 1032 00:52:20,595 --> 00:52:23,384 Follow the links on there and get in touch with us. 1033 00:52:23,384 --> 00:52:25,815 We would love to hear from you. 1034 00:52:25,995 --> 00:52:29,595 We're always, always looking for fresh perspectives and 1035 00:52:29,595 --> 00:52:31,185 new ideas, so don't be shy. 1036 00:52:31,355 --> 00:52:33,425 Whether you're starting out or whether you've got years of 1037 00:52:33,425 --> 00:52:36,875 experience under your belt, we'd love to have a conversation with you. 1038 00:52:37,145 --> 00:52:40,055 Uh, so yes, that is it. 1039 00:52:40,055 --> 00:52:46,129 And in case no one has told you yet, Today, dear listener, you are awesome. 1040 00:52:46,279 --> 00:52:46,850 Yes you are. 1041 00:52:46,850 --> 00:52:48,440 You are created awesome. 1042 00:52:48,470 --> 00:52:50,950 It's just the way, it's just a burden you have to bear it. 1043 00:52:50,950 --> 00:52:51,770 Marin has to bear it. 1044 00:52:52,009 --> 00:52:52,819 I have to bear it. 1045 00:52:53,029 --> 00:52:53,960 It's just the way it's gotta be. 1046 00:52:54,319 --> 00:52:57,649 Now, the E-Commerce podcast is produced by Aurion Media. 1047 00:52:58,180 --> 00:53:01,689 You can find our entire archive of episodes on your favorite podcast app. 1048 00:53:01,689 --> 00:53:05,160 The team that makes this show possible is Sadaf Beynon, Josh Catchpole, 1049 00:53:05,520 --> 00:53:08,379 uh, Estella Robin and Tim Johnson. 1050 00:53:08,439 --> 00:53:13,629 Our theme song was written by Josh Edmundson and My good self, and as I 1051 00:53:13,629 --> 00:53:16,880 mentioned, if you would like to read the transcript, uh, or the show notes, head on 1052 00:53:16,880 --> 00:53:22,509 over to the website, ecommercepodcast.net where coincidentally, you can also sign 1053 00:53:22,509 --> 00:53:26,479 up for the weekly newsletter and get all of this good stuff direct your inbox. 1054 00:53:26,479 --> 00:53:27,940 Totally for free. 1055 00:53:28,300 --> 00:53:29,590 So that's it from me. 1056 00:53:29,590 --> 00:53:30,500 That's it from Marin. 1057 00:53:30,550 --> 00:53:32,620 Thank you so much for joining us this week. 1058 00:53:32,830 --> 00:53:34,240 Have a fantastic week wherever you are. 1059 00:53:34,240 --> 00:53:35,590 I will see you next time. 1060 00:53:36,070 --> 00:53:36,790 Bye for now.