Taylor Holiday Profile picture
Nov 11, 2021 8 tweets 3 min read Read on X
Introducing the largest publicly available (fact check?) eCommerce data set.

~230 brands totaling $2.3B+ in annual online revenue and over $250M in spend

Updated weekly at: commonthreadco.com/blogs/coachs-c…

Thread with benchmarks and YoY %-changes 🧵
*Notice before reading the thread*

Data doesn't give you answers it helps you discover the next questions to ask.

Benchmarks are generally useful and specifically useless.

Use this material to provide context to your journey, challenge your perceptions and then keep digging...
1/

eCommerce MER (Jan.–Oct.)

- 2020 YTD: 5.71
- 2021 YTD: 5.02
- Change: -12.09%

iOS 14.5 Effect on MER

- Pre-iOS (Jan.–May): 4.88
- Post-iOS (June–Present): 5.16
- Pre vs Post Change: +5.67% Image
2/

Facebook Reported ROAS (Jan.–Oct.)

- 2020 YTD: 2.01
- 2021 YTD: 1.78
- Change: -10.80%

iOS 14.5 Effect on Facebook ROAS

- Pre-iOS (Jan.–May): 2.13
- Post-iOS (June–Present): 1.46
- Pre vs Post Change: -31.56% Image
3/

Weekly Avg. Facebook Spend per Account (Jan.–Oct.)

- 2020 YTD: $12,131
- 2021 YTD: $15,490
- Change: +28.23% Image
4/

Weekly Facebook CPM (Jan.–Oct.)

- 2020 YTD: $8.31
- 2021 YTD: $12.73
- Change: +53.17% Image
5/

MoM (last-28 days)

- Facebook Spend: -7.39%
- Facebook CPM: +37.91%
- Facebook Rev.: -27.50%
- Facebook CVR: -20.91%
- Facebook ROAS: -22.09%
- MER: Rev ÷ Spend: +0.26%
- Google CPC: +12.84%
- Google ROAS: +1.24%
6/

If you’re a CTC client or ADmission member: We’ve already sent password-protected access to 3x the data sets.

For everybody else, get weekly updates on every metric here 👇

content.commonthreadco.com/ecommerce-data…

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More from @TaylorHoliday

Feb 3
eCommerce is in a precarious position...

I fear we have some rough days ahead.

Let me show you why, with the help of aggregate financial data from 500+ 8 Figure Stores, courtesy of my friends @FinaloopTeam and @IrisFinanceCo

If you're busy right now, bookmark this because its about to get DENSE!!!!
First let's level set the median financial state of these brands:

2024 Results from @FinaloopTeam

~ 87% Net Sales
~ 55% Gross Margin
~ 27% Contribution Margin
~ 8% EBITDA

At glance THAT's NOT TOO SHABBY. Profitable!

But come deeper down the rabbit hole with me. Image
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That profit % is a matched with 3 straight years of declining YOY top line growth.

*side note at some point we are going to have to redraw the growth expectations on a pre-covid slope and pretend that data never happened* Image
Read 17 tweets
Aug 6, 2024
CEO's you need to become OBSESSED with understanding your P&L.

Here are 5 red flags to send back to your accountant to fix... Image
1. A single "sales" line item

You want to see gross sales, discounts, taxes, shipping revenue, returns and net sales.

Don't accept a simplified version.
2. Grouping all Marketing Actions together.

You are going to notice a common theme in these problems... A lack of specificity.

In this era I would have a separate category code for Paid Media with sub categories for EACH SPECIFIC CHANNEL.
Read 8 tweets
Jul 30, 2024
Hesitant to spend $10k/month to hire someone for incrementality testing?

Here is a first principles framework for understanding incremental impact, based on seeing lots and lots of test results.

I'll explain... Image
There are 2 KEY FACTORS to identify when thinking about incrementality.

On the X Axis we have your optimization setting.

On the Y Axis you have your targeting exclusions. Image
Optimization settings run the spectrum from highest standard of obligation (1 day click) to broadest standard of obligation (Google's 30/3/1 or old display standards of 28 day click / 28 day view). Image
Read 13 tweets
Jun 26, 2024
How to create a PEAK moment in eCommerce.

The 5p framework

Product, Place, People, Press, Partners.

Here is an example of this in real life... Image
First if you haven't watched my video on 4 peaks theory, stop and do that now so you know what on earth im talking about...

buff.ly/45Ge3RF
Creating a moment where your business can produce increased efficiency AND volume requires thoughtful planning and execution across your entire organization.

I am going to walk you through an example using our client APL...
Read 18 tweets
Jun 22, 2024
This is the most powerful woman in consumer product that no one talks about.

Here is why she might hold the key to getting capital back flowing into our industry... Image
This is Lizanne Kindler the CEO of the Knitwell Group.

KnitWell Group's portfolio of brands generates around $6 billion in annual sales, making it one of the largest specialty apparel companies in the United States.

They are closing in on Tapestry, Ralph Lauren and Levi's Image
Many of us know Ann Taylor & LOFT from their brand name-recognition and enormous retail presence.

Less-known is Kindler’s role in Ann Taylor & LOFT’s comeback story.

From bankruptcy to a thriving portfolio, the journey is remarkable. Image
Read 14 tweets
Jun 1, 2024
Over the last 5 years I have run CTC

Fully in person

Fully remote

and now Hybrid

Here is what I learned about running a company in each setting...
Image
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The biggest difference is how information moves.

In person its osmosis.

Overheard conversations, word of mouth, company gatherings.
Remote its intention.

There is almost no unintended transfer of information. Its all coordinated and delivered with specificity.

When we initially transitioned to remote we had none of this infrastructure. It was a mess, people were just sitting alone in their rooms.
Read 8 tweets

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