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Top of Funnel Marketing Strategy: How to Get Conversions Using Cold Search Terms
28th November 2023 • The Google Ads Podcast • Solutions 8
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In this exclusive internal training session led by our Google Ads Strategist, Usama Khan, learn how to get conversions using cold search terms.

Discover the strategies and tactics that will help you keep customers engaged and interested, even when they are at the top of the marketing funnel. Usama discusses the key differences between cold and warm search terms. He also guides you through evaluating your top of funnel campaigns, providing actionable insights to understand what's happening and how to leverage that data.


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0:00 Top of Funnel Strategy: How to Get Conversions Using Cold Search Terms

3:08 The biggest assumptions you can make about a brand term

6:30 Evaluating your Top of Funnel campaigns



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Transcripts

John:

Today's topic is talking about top of funnel terms.

2

:

A lot of the time we're like, we need to

focus on cold traffic in terms of Google,

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because we need to split out brand.

4

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We don't want to bid on brand because the

campaigns are focusing on brand and they

5

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don't convert as well for cold terms.

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So the conversation becomes, how do we

convert on cold terms and how do we stay?

7

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On well, it's not staying

on those cold terms.

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How do we keep new customers

on those cold terms?

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And do we want to keep new

customers on those cold terms?

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Then if we have returned customers on

those cold terms, why do we have them?

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Is it a good thing?

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Does that make sense?

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Probably just interfere

Whenever you feel necessary.

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Go ahead Karima.

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Can you differentiate

cold terms and warm terms?

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Could you elaborate that?

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Let's talk about mostly because I have

a skin care client so we're going to

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go, that's the example I'm going to

use and a supplement client, those

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are the examples I'm going to use.

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So let's talk about skin care.

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The cold term would be

purely like vitamin C serum.

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BeCause there's no brand.

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It's just purely a serum, right?

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Or retinol serum.

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All that random stuff that people

search for on the internet.

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Or best face wash.

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Something like that, right?

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Those are cold terms.

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That I'm talking about.

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And now, the question becomes, when

we're talking about cold terms.

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And I need whoever's going to

post this to blur everything.

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hold campaign where we've

removed brand completely.

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And it's the same setup.

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I always preach, but I'll get rid of

brand and let it run and leave it alone.

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Now I'll emphasize this and

start with saying that I launched

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this campaign on, when was it?

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July 18th.

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and I've made no changes

to these campaigns.

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If you look at the changes, it's just

like the build out of the campaign.

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Essentially July 14th,

18th was when it's on.

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Those are the changes here.

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And then 19th is the only change

I made, and the change I made

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was not even that, hold on.

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There was a budget change that

I made, that was realistically

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the only change I made.

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18th was launched, 19th, and the

budget increase was on the 31st.

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Does it, because the client

wanted to scale it, right?

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Other than that, this campaign hasn't

been touched, and as you can all

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see, conversions are on the rise.

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Good things to see, right?

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No thing.

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I haven't touched this campaign.

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It's just running.

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And we always run these campaigns

on low TROAS goals here.

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This for this client, we've just

set it to 50 percent as our target.

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And the reason we do that is so

there's enough space for Google

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to learn and not restrict itself.

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If it gets too high, if we set our

TROAS too high, it restricts itself.

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We end up with a finite audience and

the campaign eventually starts to die.

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In a situation like with the low TRS,

you might have a one bad week, two bad

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weeks, but it'll recover and you'll end

up just getting way more convergence.

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That's the process guys just go for it.

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Anyways, what we're talking about is

cold terms Now when we talk about people

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searching for products and brand terms

What's the one of the biggest assumptions

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you can make about a brand term?

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One is that people already know

of the brand because of the vast

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amount of marketing done on facebook

instagram Whatever right and they're

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coming back via google searching

for the brand to convert right?

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Technically those are new customers

But some majority of the time,

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they're not Google effort customers.

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Like I didn't put in the work for it.

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I just took credit for it, right?

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Because it's a branded conversion.

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But then there's situations like you

have where you can just people search

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for random cold terms and convert for

us, That's what we have going on here.

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So when we look at this makeup brand, it's

been running for a month now, actually.

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It's spending 4, 000 a day to start,

when we look at what converted

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for us in terms of terminology,

foundation for makeup, I don't even

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know how to pronounce this word.

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Clean makeup brands, face oil,

best lipstick, vitamin C, serum

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best foundation, skincare benefits.

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Like it doesn't get any colder

than this in terms of someone

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that does not know of your brand.

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Does everybody agree with that?

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Yes, no, head nods.

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Yeah.

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Yes.

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You're going to break your head like that.

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But yeah, so it doesn't

get any colder than that.

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So is it a fair assumption to

make that almost everyone that's

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converted here is going to be.

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A new customer that just found our

brand, clicked our ad and bought from us.

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Yes, I can see a trend there

that it's mostly well, it's

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almost all new customers, right?

95

:

Yeah, but if you look at that all those

search terms probably three quarters

96

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of those search term has the word

best in it But that's not the point.

97

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We're trying to make here yet.

98

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Oh, no, just saying I can see

yeah Transaction keywords.

99

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But can we assume that let's just say

that On a like a perfect world, all

100

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these are new customers, Yeah, exactly.

101

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If they didn't know you exist,

why would they search for best?

102

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They're looking for the best.

103

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If they knew of you already, they

wouldn't type in best, would they?

104

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Yeah, so now let's look at

some basic Northbeam numbers.

105

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And all we're going to really

focus on is return, first time

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and return customers, right?

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So last 28 days, we're

going to look at here.

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Whenever Nord Stream decides to load.

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oh, there we go.

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Transaction.

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Okay, so now let's look at Google

Ads, And whenever it pops up.

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Okay.

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What do you see here in

terms of transactions?

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I of the funnel.

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So there's 356 first time transactions

in top of funnel and 45 or 42.

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We're not even get 45 from,

but 42 return transactions from

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the top of funnel campaign.

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But we just technically agreed that

people searching for that product had no

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idea what our brand was and they're just

converting on these cold terms, right?

120

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So what's happening here?

121

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Thoughts, theories, besides going

and Colby, you guys have a lot

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to talk because we already know.

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Don't shake your head at me, Colby.

124

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No.

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Maybe they are familiar with the brand

already, but they were searching for it.

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Yeah, you're spot on.

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customer, let's say I

am a customer, right?

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And I buy their vitamin C serum or

contour stick, And then 30 days later,

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I come and I search for something

like a vitamin C serum, right?

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I have already bought

from this brand, right?

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And now I see an ad that they also carry

another product that I want to buy from

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someone or from somewhere, but I see that

they've already bought from this brand.

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So is there a sense of familiarity

here where you're more likely

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to buy from this brand?

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Yes.

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Yes.

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that's what's essentially

happening here, right?

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So someone that came in through a

brand term initially, some form of

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cold term initially and came back and

then started looking for other products

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they wanted to buy or needed, right?

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They searched a cold term again,

And then they bought again,

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Does everybody follow that?

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So they basically bought a product that

A brand they trusted or have already

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that they didn't know that brand had

so they bought a product that they

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didn't know the brand had but they

already have product for this brand.

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Everybody follow that.

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Yes.

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Yes.

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So now how does this play into being?

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Is this good for us or is this bad for us?

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And I'll say that it depends.

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Okay, actually, I'll answer this

question in my opinion after.

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So is this good for us

or is this bad for us?

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Everybody can join in this now.

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Call me Glenn.

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This becomes a discussion at this point.

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gave it away.

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He says it depends.

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In what scenario does it depend?

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If I say this is good for us and I'll

give you this example of I don't know.

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We're talking skin care.

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Let's just continue skin care.

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We give continuous skin care.

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How is it good for us in that

sense of skincare brands?

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Maybe on the basis of

CAC, CAC is true value.

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So how much we are spending on those

already existing customers, which don't

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know about the product, which a brand

has, and they got through cold system.

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So maybe just because of CAC, we can.

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you're right, but the word

I wouldn't use would be cac.

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CAC would just be acquiring a customer.

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These are already existing customers.

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The word I would probably use is LTV,

let's say you bought said product

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one, and this is skincare products.

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People are gonna rebuy it, right?

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And the LTV for my first

product is a hundred dollars.

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Then all of a sudden you find out that.

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There's another product you like using

that you also buy with is product two

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and the LTV for that product is $150.

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What did my customer LTV become two 50.

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From 100 to two 50, correct.

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it's not a bad thing for them to come in.

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Now there's caveats to this as well where.

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It falls down to how often people return

and buy from us right for products

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they didn't know exist over here.

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I think you did the math and you

put in the chat that it was what

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you say 10 percent of the overlap.

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42 10.

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Okay, let's just go with 10.

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So right now we're saying out of all our

cold transactions 10 of people and this

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is a threshold that it will vary business

to people this will come business to

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people business to business 10 of the

people that are converting on cold turns

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did not know that we had another set of

products that they want, in my opinion 10

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is a good value in the skincare because

usually people have like Multiple skincare

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brands routine and products and their

routines So 10 percent in my opinion is

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a good number to have where I want to say

it's a business fail point But it could

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become a business fail point when We

have a lot of return customers coming in

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to buy other products from cold traffic

because they didn't know of the product

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So how does that become a business fail

point because the business didn't fail to

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educate their already existing customer

base That we have on their products

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whether it was through ads whether it

was through email Whatever it was, right?

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Promotions or whatever, right?

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Did they retarget or something like that?

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Does everybody follow along with that?

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Yes.

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Yeah, because if that ratio starts

getting worse, you know that your overall

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marketing and sales funnel, there's a kink

there because users are not educated and

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they're continuing to try to repurchase.

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So, I think with e commerce

People don't feel brand loyalty

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like they do with a car.

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Yeah, you buy something you might not

even remember buying of course email

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and everything's important But asama's

saying keep an eye on that ratio.

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Because if you don't keep

getting new customers That's when

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things will start to fizzle out.

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