Cody Wittick Profile picture
Sep 9, 2020 11 tweets 3 min read Read on X
1/ Brands massively underestimate the importance of having authentic relationships and people who are genuine brand advocates, represent their brand.⁣⁣⠀Let's take a look at @Gymshark and how Ben Francis did it (THREAD) + PRACTICAL STEPS of how you can do this at the end.
2/ To start, look at @hellahgood9 and how gassed he gets when another gymshark package arrives. This is the fruit of doing this. DHL says "Another one?!" (which speaks to how they take care of their athletes).
3/ You see videos like this and we still have CMO's asking for ROI on cultivating community with influencers.

Community 101: build relationships on giving, not asking.

If you begin by asking something of them, you might get some posts. But that community will never adopt you.
4/ @BenFrancis1992 founder of Gymshark, did the opposite. Launching a new product is tough. ⁣⁣Tougher without budget. ⁣⁣That was the situation for Ben. ⁣⁣⠀

A pizza boy launching an apparel company from his mom’s garage. ⁣Competing with Nike or UA right away isn't likely.
5/ But he believed that the product would speak for itself. He had niche influencers attend his first Fitness Expo, featuring them after they had told him they loved the product. By providing value upfront to the individual and many within the fitness community - they adopted him
6/ He realized influencers were Gymshark’s secret weapon. ⁣⁣Not trying to compete with Nike or UA at their game (big brand TV budgets), But these brands overlooked social, and the communities that influencers were building.⁣⁣

Smart now, but a groundbreaking move in 2012. ⁣
7/ Gymshark tripled-down, owning the fitness influencer community. ⁣⁣⠀
⁣⁣⠀
By 2018, they hit $100m in sales. ⁣⁣⠀
⁣⁣⠀
Take seriously the community you want to enter into. And then serve it. Provide them value and soon, you’ll find people rallying around your brand.
8/ Below it how to do this for yourself. It's a full-circle approach. What is crucial is to not just think of these spaces as people with the highest # of followers but who has a web of connections.

5 senses can be inspo, ideally, hitting your potential customers in all 5 ways
9/ Who will be on your Seeding List? Not just influencers but who in the industry should you send your product to?
What charity or nonprofit do you want to give back to? What media partnerships should you take on? (a podcast, youtube channel, media outlet banner ads, etc)
10/ What event do you want to vendor at? Will you create a product specifically for this community? What ambassadors should you sign to long-term contracts?

This can be a framework to put yourself through and make sure you aren't doing siloed work in certain communities.
11/ Whether you’re in the category you want to be in - i.e, you make running shoes - this full circle approach can still be helpful to you, in thinking through different ways to make an even deeper impact and separate yourself from your competitors in the running category.

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More from @Cody_Wittick

Apr 12
You’ve been lied to. The true profitability metric isn’t ROAS or LTV…

Or gross profit margin…

It’s contribution margin, and if you want to be really accurate, first-order contribution margin.

Below, I break down:

→ The contribution margin formula
→ The importance of first-order contribution margin
→ Why it matters when you’re looking at your ad account
A lot of people look at revenue or gross profit margin as markers of profitability.

These are important metrics, but they’re not the North Star.
The North Star for profitability = contribution margin.

It’s like the CMO meets the CFO.

Here’s what I mean ⬇
Read 9 tweets
Oct 17, 2023
Media buyers… let’s play a game:

Which of these 3 creatives do you think performed the best in our client’s ad account?
CREATIVE 1 Image
CREATIVE 2
Read 4 tweets
Jan 13, 2023
I’ll admit it. I was wrong.

ChatGPT is NOT overrated. It will supercharge your influencer marketing.

Here are TWO ways that save you time & money 🧵(prompts included + a strategy to copy).
AI is not gonna be replacing you any time soon. That said, people who are utilizing it will replace ones who aren’t.

Before you keep reading, RT the first tweet and spread the word.

Let’s get into what ChatGPT’s capable of:
1. Influencer Identification
Read 22 tweets
Dec 16, 2022
In 2015, being ahead of the game in Facebook ads, you made millions.

Fast forward to 2023, there is a gold rush happening in influencer marketing.

Here’s how you can take advantage of it and get the same result 👇
We’ve been in this industry for nearly a decade and generated multi 8-figures for our clients.

There are 3 things that I believe will be a winning influencer marketing formula next year (if you’re quick).
1. Omni-channel marketing with multiple creators
Read 14 tweets
Dec 9, 2022
Brand + Influencer partnerships = a black market, full of exploitation on both sides.

Here's a better way.

If you’re a brand, you absolutely need to know about this👇
This TikTok continues a trend that we’ve been seeing as brands continue to incorrectly use Influencer Marketing.

Incredibly hiked up prices per post.

No matter what the deliverables are, very few creators are worth $20k for a post.

loom.com/share/54187086…
Influencers have been mistreated and underpaid by brands in the past.

Now it’s shifted toward brands overpaying and being underwhelmed with content.
Read 15 tweets
Oct 21, 2022
The movie “Smile” was an absolute masterclass in marketing.

On a $17M budget, they brought in $140M in a little over two weeks.

Here are 3 things that their marketing team nailed to make this one of the most talked-about movies of the year:
Outside of Marvel movies, the average person doesn’t know what’s in theatres. Most movies flop because of this.

The team behind “Smile” executed 3 things perfectly, and it made them one of the most successful campaigns of the year.
1. Curiosity
Read 19 tweets

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