At Wish, we were by far the most efficient big spender on FB & Google (spending $100's-of-millions per year on each).
We achieved this BECAUSE we ignored all "best practices", personal taste, & silicon valley opinions.
Because, not in spite.
Thanks for sharing @lennysan
The most sophisticated growth team no one talks about: @WishShopping
1. The #1 shopping app in 40+ countries
2. Rumored to often be the #1 spender on FB and Google
3. 2 million items sold daily
I sat down with @climon to learn about the notoriously secretive company. Read on ๐
@Thomasbcn App specific?
Given โno free lunchโ. The scale implies:
- Discovery spend: lottery wins or lift waterline
- Consumer harm wake
I'm digging if you're interested
--
Alt Pet Theory: slop is more downstream
[Root] 1st Gen with Feed-native norms.
@andrewxroas That my friend is a question that would teach an insane amount.
low ego, commercial focus โ by Mark Zuckerberg
Refined tastes all distain performance ads
A bull-dozer was surely used.
eminent domain: "sorry, it's for the greater good"
I've was a 2030 CMO from 2014-2022.
- C-suite + Super IC
- AI automation marketing
- Extremely lean technical teams
- Record Ratio: Budgets-to-Headcount
- Grow companies, not headcount
@annbordetsky@lennysan@ElenaVerna Super IC take 10-15 years of doing this.
The skill comes with connecting dots top and bottom.
To be honest, I have not found ppl are looking super skill. They still value big teams and popularity.
@tbpn@bchesky CMOs are bad at the skill.
CEOs are bad hiring them.
Bad at finding them.
Asking around is worse.
What's the plan to win?
1 Win = massive scale revenue & users (next 5-10 years)
I don't care abt a name of part of thing.
@andrewchen what percent of the time are they talking about someone completely different?
different company even...
there is a number and it's disturbing