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The Andrew Faris Podcast

Which Product Should You Advertise Next?

29 min • 26 mars 2024

It's not just about sales velocity.

What happens if you've got a product that isn't selling much, but you think has potential? Should you put time and money into running ads against it?

Or what about the opposite? What about if you have a high sales velocity product, but it's lower margin and lower LTV? Then what?

In this episode I'm walking you through a 5-part framework on how to think about the next base products for you to put resources into advertising.

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EPISODE HIGHLIGHTS

  • [00:00:45] Creative effort prioritization.
  • [00:04:24] 1. Gross margin
  • [00:07:22] 2. Lifetime value
  • [00:12:10] 3. Total addressable market
  • [00:20:15] 4. Inventory position
  • [00:25:09] 5. Operational lift
  • [00:28:23] Upcoming content

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