Growth Hacking: Smashing Through Invisible Ceilings or Invisible Asymptotes
Manage episode 420818794 series 3526782
Join Myself and Patrick as they dive deep into the insights shared at Google’s recent webinar in Dubai. In this episode, they explore the concept of invisible asymptotes and how they impact business growth. Learn about the importance of understanding key metrics like conversion rates and shopping cart abandonment, and discover the power of media mix modeling in driving incremental revenue. Whether you're in retail, ecommerce, or any other industry, this episode will help you become a more data-driven marketer.
Timestamps:-
00:00 - Introduction and Greetings
01:00 - Discussing the Recent Trip to Dubai
02:30 - Overview of the Google Webinar in Dubai
05:15 - Blog on Exporting Audiences
06:30 - Introduction to Invisible Asymptotes
10:00 - Defining Asymptotes and Their Relevance to Business Metrics
15:45 - Conversion Rate Performance and Natural Ceilings
20:30 - Shopping Cart Abandonment Rates and Incremental Improvements
26:15 - Media Mix Modeling and Incremental Revenue
32:00 - Importance of Variability in Media Spend
35:00 - Application of Asymptotes in Different Industries
40:00 - Closing Remarks and Final Thoughts
42:00 - Importance of Podcasts for Creative Inspiration
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