$0 - $800M in Ad Spend - Rishi Shiva tells all - podcast episode cover

$0 - $800M in Ad Spend - Rishi Shiva tells all

Mar 31, 20211 hr 31 minEp. 80
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Episode description

Bullet Point Takeaways
 
 -Stay in your lane - don’t try to be everything to everyone.
 
 -Rishi owns consulting firm Tryb Global - became like a SWAT team (analyzed data and launched brand) did $15M first year B2C - worked with companies who had potential to scale only.
 
 -Rishi came up with accelerator model - 12-18 weeks of doing REAL work - metrics, audiences, how to scale
 
 -You can’t use the same team when you scale from $500k to $5M - you need to start utilizing a team who has skills outside of Facebook (creative, email, etc.) to get to $100M
 
 -Hired team of rockstars over last 20 years that he knew - hired people in specific niches
 (pitch was “I have $20M - do you want to make $20M more with me?”
 
 -Only works with 8-10 companies maximum - first 3-4 months - your clients are GOING to lose money or maybe break even.  IT TAKES TIME to see profit.
 
 MINIMUMS
 -Rishi’s minimum commitment is 12mo contract

-$5M a month minimum
 -He wants to work with companies who have heart, and a higher purpose than making money
 
 
 -Creative is the one aspect that can really move the needle
 
 DATA 

-Davinci  (air bnb created open source)
 -When they acquire an email or user, they add additional data on top of that user and creates subsection of users BEFORE the pixel populates

-Keep Data Away From Facebook and enrich it - add info to each customer
 
 -Works with DSP’s and DNP’s to get data
 
 -Look at your competitors who are running at a high level - and mirror them
 
 -WISH - How they get away with their ads (HOW TO GET WHITE LISTED) AI looks for auto banned terms “lose 10 pounds in 7 days”
 - You can upload all your disapproved ads, and then Facebook will white list you for future ads.
 -Pay to play - they were one of the first FB advertisers 
 
 -DO NOT  buy accounts from other agencies - Facebook is your bank account - build the relationship with Facebook - 90% of the time they will help you.
 
 -CREATE our own Black Friday - Get hype and sign ups


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