Threading The Needle

This week's episode centers on how an "agency guy" hires agencies. In that process, host Andrew Faris shares the one thing he looks for (above everything else) when hiring.

This week’s episode comes to you from on the ground at our shipping fulfillment center in North Carolina. And after being around the actual products that we are using, packing, and shipping — host, Andrew Faris reflects on the realities of gross margin in business and how he’s thinking about that differently.

Last week you learned about our side of the story: the sale of FC Goods. This week: we're bringing on the buyers, featuring Eric Weisser(CEO, Weisser Distributing)and Mike Childers(President, Weisser Distributing).

Pop the champagne and drop the beat … We just sold our first brand. And, yes, the math in that outlandish headline is right: a 15,500% increase from our initial investment. In early 2018, 4x400 — Common Thread Collective’s ecommerce holding company — acquired 80% of FC Goods. The price? $5,000. In Oct. of 2020, we sold it for $1.2M. Minus the founder’s 20% and less broker’s fees, that nets out to $780k. From $5k to $780k: 15,500% ROI. Of course, that clickbaity calculation is far from the whole story. That’s why this is a special episode of the Ecommerce Playbook Podcast with guests Taylor Holiday and Aaron Orendoff … to reveal everything. All the numbers. The entire journey. Every struggle. Every loss. Every win. At the end of the episode, Taylor and I share 10 takeaways — the biggest and most-tactical lessons we learned. Best of all, I’ve summarized them all with examples and illustrations in this article to make the takeaways easier to take away: https://bit.ly/36HjDGf

One of the hardest things about running an ecommerce business is that the future is unpredictable. Or in the words of host, Andrew Faris: "the only certainty is uncertainty". Here's what to do about that.

We did not see this coming… but we stumbled into a giant Facebook ads win for one of our 4x400 brands. It was our biggest win in months, and it was pure luck. On today’s episode, we’ll give you the exact numbers and the exact process put in place that unlocked this high-performing creative campaign, so that you can get lucky too. Show notes: Full Length UGC Ad: https://www.facebook.com/115977923900/posts/10159209765208901 1x1 Cutdown Version: https://www.facebook.com/115977923900/posts/10159278228173901

Influencer Marketing that actually works? We've never done anything like it, but as we take the next steps to grow our brand 31 Bits, influencer marketing will play a key role. Cody Wittick, the Co-Founder and Managing Partner of Kynship, joins us on this episode as we lay out the influencer strategy. You can reach out to Kynship by emailing info@kynship.co or reaching out to Cody on Twitter at https://twitter.com/Cody_Wittick

Unleashing Vision by Common Thread Collective

This week, we're talking about the biggest problem we have to solve right now in our business and the steps we're taking to fix the top of the funnel. We've had this problem before, and this time around, we'll need some more magic.

We won't delay, Black Friday & Cyber Monday went below average for the six brands we operate this year... Here's why, plus five takeaways we learned.

As we head into Black Friday again, the same sentiment holds true: "this strategy has to work". Andrew Faris gets transparent on the impact of what a win and (more importantly) what a loss would mean for business during BFCM. Here's how we are preparing for both options.

We're gearing up for Black Friday, Cyber Monday and it's natural for the business anxieties to sink in. To face the uncertainties, root yourselves in the certainty that comes with building a data-backed strategy. Host Andrew Faris, talks us through the holiday strategy for each of the six brands under the 4x400 umbrella and how they're planning for success.

We're back with the monthly installment of "One Topic with Taylor". This week on the show, we're going to do a thought-exercise about how to extend brand success beyond Facebook advertising & build an organic marketing flywheel. Shownotes: https://www.youtube.com/watch?v=-F2yzttpbgE

You don’t have time to read this episode description, because Black Friday is right around the corner! So, we'll be quick – today's episode will teach you five holiday marketing tactics it’s not too late to try.

We’re diving back into the story of 31 Bits, one of our newly acquired ethical jewelry brands. From its acquisition to proving viability, the growth journey has been a struggle. This week, we’re taking a whole new approach – making changes that center in part on talking less about the brand’s impact in the world, and more on how great the product is. Here’s how we’re approaching this new strategy.

This episode, we have an exciting announcement to make…

Back by popular demand, is the second monthly installment of “One Topic with Taylor” series on the Ecommerce Playbook Podcast. CEO of Common Thread Collective, Taylor Holiday and host, Andrew Faris get together (*socially distant) to talk about a highly debated subject: whether or not your brand should discount. Shownotes: - ​DigitallyNative’s Tweet: https://twitter.com/digitallynativ/status/1315290781679325185?ck_subscriber_id=942738930 ​- CTC's Analysis Of Great Brands’ Discounting: https://commonthreadco.com/blogs/coachs-corner/holiday-campaigns-successful?utm_source=ecommerceplaybook&utm_medium=podcast

A short message and a notice of a one week break from the Ecommerce Playbook Podcast

The ongoing narrative of what it’s like to run a new ecommerce business goes something like this: 1. Trying to prove brand viability in the early stages 2. Failing and learning post-launch 3. Then finally, growth If you’ve been following along on the Ecommerce Playbook Podcast, then you’ll know that our brand 31 Bits has been hovering around “step 2” on that list. And if there’s any indication on how it’s going, host Andrew Faris’s quote from this week’s episode says it all – “I was hoping I wasn’t going to have to do an episode like this.” If you can relate, then ... listen now.

You read that title correctly – we have signs of life in the ad account of our newly acquired brand 31 Bits. We've had some bumps in the road getting the brand off the ground, but this week we may have finally solved it's problems. Here's how.