Infinity Nation | Growth Conversations That Matter

Steve Robinson, Omnicommerce | The Secrets of Marketing Spending Ep.6

Infinity Nation Season 1 Episode 6

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0:00 | 24:42

In this episode, host Al Keck sits down with Steve Robinson, founder and CEO of Omnicommerce, to delve deep into marketing spend strategies, focusing on optimising long-term value through customer lifetime value and insightful data analytics.

Key Topics Discussed:

  • Introduction to Omnicommerce
  • The Importance of Customer Lifetime Value (CLV) - why focusing solely on short-term metrics or new customer acquisition is risky
  • Challenges for E-commerce Businesses
  • Accurate Modeling of Customer Behaviour - how businesses can use a 5-year CLV trajectory within months of data collection, even with just a few months of trading data
  • Marketing Spend Strategy: Acquisition vs Retention - the importance of balancing spend between acquiring new customers and encouraging repeat purchases is highlighted
  • Navigating Data Privacy Changes - The impact of iOS updates on data tracking and advertising efficiency, mentioning the creative use of geographic control groups to measure marketing impact objectively

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This episode was recorded in March 2022.

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