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How to Get More New Customers With Google Ads

Our Google Ads Strategist, Caden Thompson, reveals a strategy focusing on new customer acquisition. He also shares how to calculate your cost to acquire a new customer in Shopify and walks you through how to track and analyze data from Google Ads and correlate it with Shopify.

With this knowledge, you can measure the success of the strategy effortlessly. Watch this video now to optimize your Google Ads campaigns based on analyzed results, giving you the most value from each ad spend.


Connect with Caden on LinkedIn: https://www.linkedin.com/in/cadenthom...


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0:00 How to Get More New Customers With Google Ads

3:30 Calculating New Customer Acquisition

5:52 Tracking Correlations

11:05 Possible campaign performance effects and other factors to consider




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Transcript
Regine:

Hello.

2

:

Hello.

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How's it going, everyone?

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I'm going to talk about a strategy that

I'm doing for this supplement brand.

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So just for some context the

supplement brand has a repurchase

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rate of about every month roughly.

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their biggest goal is new customer

acquisition versus, first.

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Sales right away.

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You're just trying to get sale volume up

which generally is the goal of majority.

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I would say 99.

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9 percent of companies

is to get new customers.

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anyways when I go into the account,

so this is like I said, about

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a month ago, a little over a

month ago, and we did this test.

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I've just been kind of tracking over

a period of time and I'll show you

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guys sort of what the numbers I look

at instead of Shopify and how I sort

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of correlate that to Google ads.

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Now they only run Google ads, so

they're not running any Facebook,

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any other platforms whatsoever.

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So it's a black and white test.

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Very, very controlled tests.

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it's really easy for me to sort

of see what, the correlation is.

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going in here right away, we'll see

on June 6th, I changed a conversion

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count setting to one conversion.

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I'm going to jump in there and

kind of show you guys what this is

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now before I get comments on this,

because you guys might be wondering.

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Why is J for a primary conversion action?

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This is just for testing.

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This does not go with our normal,

golden standard practices.

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We normally, you know, go through G

tag not through any sort of analytics

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whatsoever, but anyways, just for

this account specifically we're

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using GA for as sort of a test to see.

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now I'm only looking at the sex

doesn't really matter though.

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So when I go into the account

here and I go into edit settings

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what I did was I swapped the,

every count conversion to one.

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Now, generally speaking, when you have

an account EECOM, you want to lean

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into every, every is a lot better as

well too, because it allows Google

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to string together conversion data.

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Typically one is typically

more for lead generation.

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So if you know someone.

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Clicks.

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And then they say, Hey, you

know, I fill out a lead form.

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We don't want that person coming back

again and again and again, filling out

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lead forms and counting as conversions.

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Right?

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So that's kind of the general

rule of thumb between these two.

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Now, the concept around this is that there

is a click through conversion window.

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And you'll see here of 90 days.

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So when someone clicks an ad,

they will not meaning that Google

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cannot find that user again.

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Until after that 90 days when

that user atrophies in the

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the actual tracking of it.

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what I mean by that is

that essentially this.

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Idea here was used as kind of

like a middle ground for new

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customer acquisition, right?

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Cause there's kind of been some,

debate back and forth inside of so late

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regarding the new customer acquisition

setting inside of, for example,

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performance max, or even search.

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Campaigns, and it tends to get a little

bit too aggressive towards new users and

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it hurts your overall growth potential.

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just to kind of put some more context

as well, too that is also just because

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of the loss of, attribution as well

within Google that's been going on

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with the new W braid and G braids that

have been kind of coming into place.

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It was a little bit of more I guess,

finessing that we're doing with.

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The backend as well as Google

ads, not just looking at Google

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ads for numbers themselves.

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And I'm going to kind of show you guys

what I did to kind of prove concept here.

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with that being said, the change here

went from every two one on June 6th.

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Now I'm going to jump over

to another view that I have.

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So I'm going to show you guys exactly

how I calculate the new customer

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acquisition purely just from if

Google ads is all you're running.

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And then the backend numbers of Shopify.

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So I know a lot of this is going to

be blurred out, but there'll be like

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I said, the tool itself, and then the

customers that should not be blurred

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out on the Shopify side of things.

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what I'm going to do first is I'm gonna

look at May 1st through 31st to give you

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guys an idea of where this account was at.

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So I'm going to copy the

total cost numbers here.

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Get my calculator here

and then just paste that.

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Now I'm going to jump over to Shopify

and when I go into Shopify, I'm going

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to go to the customer section over here.

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And I know a lot of this is going to be

blurred out, but just wanted to, like I

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said, point out that the customer section

right here and then what you're going to

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want to do and actually have this preset.

84

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So let me just go back is.

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it'll look more like this

where it's more pushed up.

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You're going to click the add

filter button on the right hand

87

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side of the Shopify section.

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And then you're going to

click to create a segment.

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They're going to start by typing

in first and then I'll just

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auto fill the first order date.

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You're going to select that.

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And then I scroll down to

between dates and then you can

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pick, for example, all of May.

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Right.

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So I got that apply filter

and then boom, I see.

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Okay.

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For me, I got a total of 220.

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New customers.

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So then what I will do is I

will copy paste that to 20.

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I will go in here and I

will divide by two 20.

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And that gives me a 97 and 32 cents

new customer acquisition globally.

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Right?

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when I go back into Google and

we see the numbers in here, I

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see that the cost conversion is.

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64.

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However, we know that we were

counting every, and so there's

107

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a lot more repeat purchases.

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And you can even see on by time versus the

regular, we're looking at 64 versus 68.

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Now you're going to have a lot

of repeat purchasers, especially

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if you have a strong LTV.

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in Google ads, it's saying, Oh,

we're at 64 cost conversion.

112

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But obviously part of

that's going to be on brand.

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And then we also have, like I

said, cold, that could potentially

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be that repeat traffic.

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So attribution is not going to be perfect.

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So that's why I like to look at backend

numbers with that Shopify that I was

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just showing you to kind of make sure

that, okay, we're at the client's goal.

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The cause and effect is Google ads.

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And obviously the effect is the

good new customer acquisition.

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Now, when I want to track correlations,

I'm doing this the slow way.

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You can do this by adding it in

a spreadsheet and you can have

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like weeks or days or months.

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On tracking your overall pacing

of new customer acquisition, what

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you're paying for a user based

off whatever change you make.

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A lot of my clients are

doing that as well right now.

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You don't need a third party

attribution tool for it.

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You can just do it manually and

get global numbers that way.

128

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And that helps a lot when finding

correlations, especially when you

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have smaller budgets and you're not,

your media mix is not, super large.

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I'm going to kind of go through

sort of this test phase.

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So just keep in mind

that we did that test.

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I swapped it over on June 6th.

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So when I jump over here, give me a

look at June 7th to the 13th, I'm going

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to do that same thing that I just did.

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So I'm taking the total amount

here, meaning the global costs.

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So I'm including brand, including

everything cause we're getting that

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global new customer acquisition.

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I'm pasting it into the

calculator and then let me just

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go back in here and make sure.

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So we're seven through 13.

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I'm going to go back in here

and then we're going to do

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first order date between.

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Seven and 13 hit apply filter.

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And then I'm at 50, right?

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So I'm going to copy paste the 50 and

then divide that by the amount in here.

146

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And that gets me my new

customer acquisition as well.

147

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So now it's gone up.

148

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So typically whenever you make a

change in the account, it affects

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global numbers because it's got to

readjust to exactly what's going on.

150

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I'm seeing 106 and 73

cents now for that week's.

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New customer acquisition.

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So I'm holding fast to the test.

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I'm going to keep going through the

process of it because I know that it

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will take some time to actually learn.

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So I'm going to keep an eye on it.

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So now I go to the next portion, which

is June 14th through the 20th, in fact,

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let me go through the 21st, actually.

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we will copy paste.

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So same exact, you know, idea and keep

in mind, I'm doing this the slow way.

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I'm not doing this the fast way.

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You can have this in a spreadsheet

on a daily basis and keep up with it.

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And it's a lot easier to

see these correlations.

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it's going to go back over 14 through 21.

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So I'm going to go back here and it's

going to do 14 through 21 for between.

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see, 14 through 21 and

then I hit apply now at 82.

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That's a pretty big spike up.

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So we're at 82 now divided by

the total cost that we had.

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And that brings us all the way down

to 70 and 77 cents for a new customer.

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This trend continues through

the process of it, but I want to

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point out a couple of things here.

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So when we're looking at Google ads

numbers and, you know, we're seeing the

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correlations here, our global new customer

acquisition for that date range that I

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just pointed out was 70 and 77 cents.

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And keep in mind that

they're only running Google.

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And I'm looking at the overall cost

conversion inside of Google ads.

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And we're seeing 54 inside of here

for the cost conversion by time.

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And then the actual cost

conversion globally is 91.

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So what's going on here essentially is

that we're not tracking the full picture.

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And so the actual results are

closer to that, you know, 70 range.

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Now, the reason why these two are

different is because this is pulling

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back just all of the information

for the conversions for the day

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range that we're looking at.

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Whereas.

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The portion over here is the

click attributed conversions.

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So I just wanna point that out as well.

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So I'm gonna keep going down

this path a little bit further.

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So I'm gonna go for the 22nd to the 28th.

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So, like I said, we're just continuing

like that weekly cadence roughly.

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And so I'll go in here and copy paste.

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Okay, we're at four.

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Oh.

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Or four?

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Four, eight.

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So then I'll go in here, divide this,

and then lemme look at the date range.

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So we're at 22 through 28.

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Go back in here.

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And then first order date, we're gonna

look at 22 through 28 which brings

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us to a total of 65 new customers.

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And we're gonna divide that

by this amount in here.

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And that gets us.

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65.

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Let me make sure that's actually correct.

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I want to make sure I did that.

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Correct.

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So that was 22.

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So 4, 8, 0, 9, And then we're going

to divide by 65, which gets us 73.

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when we were looking at this previously

in May, we were looking at like close

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to a hundred dollar new customer

acquisition with that small change,

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that's pushed us back into the range of.

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73, which the client's goal is

pretty much around that a little bit.

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We're actually ahead of the goal.

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I don't want to give out their numbers

specifically, but anyways, the results

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have been pretty much getting better and

better just because of that one switch.

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There hasn't been any other

change from a macro perspective.

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There's been like, pretty much keyword

adjustments that has only affected

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the account nearly as much as, like

I said, that 30 percent margin that

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was the real big indicator of success.

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So.

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With that being said the theory behind

this is that we might see some atrophy in

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the performance because that 90 day window

is going to start catching up to itself.

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And so then we're going to have to

try to figure out, okay, do we want

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to start testing out the new customer

acquisition setting inside of the

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search campaigns to keep this as cold as

possible and sort of force the algorithm.

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To go after new users and not sit

on its merits of I'm still counting

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that conversion that I got, you know,

90 days ago as an actual conversion,

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because they just purchased again.

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So it puts a little bit more

pressure on the algorithm.

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And it allows you to, like I

said get more new customers.

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Now, like I said earlier we're still

testing out the new customer acquisition

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setting, but this is kind of like

that happy middle ground that I found

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that works in this account here.

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I've tried it in a couple other accounts.

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If your purchase rate

is not extremely high.

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Meaning that you're looking

at like, 30 day, like monthly

235

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repurchases or even more frequently.

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Then I don't know if this would be a

right idea for you because the loss of

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attribution when you swap from every

two one is still pretty significant.

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So this is kind of one of those

things to where it's more of a tool.

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It's not a confirmed strategy yet.

240

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Just because it's not hasn't proven across

multiple accounts, but I figured I'd show

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you guys sort of what we're looking at.

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Maybe you guys learn something from

the new customer acquisition position

243

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inside of Shopify that you can kind

of locate that information for free.

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just wanted to point that out.

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And then the last thing as well too is.

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It makes this process a whole lot easier

if you have a spreadsheet and you're

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tracking day by day, the new customer

acquisition and then the overall costs

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and that can get your overall murder.

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When you get, obviously pulling over your

total sales from Shopify as well too.

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hopefully you guys like this video, leave

a light comment below and yeah, maybe

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I'll see you guys in the near future.

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Thanks.

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