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Engagemint’22
by
Decoding D2C Strategy:
Marketing to a Niche Audience
2022
Decoding D2C Strategy:
Marketing to a Niche Audience
Rishab Jain
AVP Strategy, Bare Anatomy
What’s common between all of these?
Niches = Riches, and how to identify one?
Common sources –
• Subreddits
• Talking to people
• Amazon search data
• Google trends and keyword research
Why we launched our newest brand –
SunScoopspf.com
Google trends
Amazon search
Subreddit Launched this
Ok, so
Niches = Riches
but how do you value riches
or
how can you drive value for your brand?
I like to use this formula –
[Customer Lifetime Value (LTV)]1
x
[Number of customers]2
We’ll look at the first part of the
equation - LTV
Life Time Value (LTV)
=
[Average Order Value X Margins] X [Repeat Rate]
minus
[Customer Acquisition Cost]
1. [AOV x Margins] can be driven by:
1/ Bundling 2/ Upselling 3/ Reducing processing
costs (manufacturing,
shipping etc)
2. [Repeat rates] or loyalty cannot be
bought with discounts
But can be earned by offering:
1/ Overall exceptional customer experience
2/ Making users part of your community
3/ Best in class product
4/ Slight FOMO
5/ Freebies
and through Webengage journeys
3. Low CAC is the world’s sweetest thing
1/ Identify a recruitment
product
2/ Collect first-party
data
3/ Remarket or
follow up
4/ Identify alternative
channels
Second part of the equation is to
recruit lots of customers
Brands x Geographies x Channels x SKUs
Questions?
Thank you!

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EngageMint 2022: Decoding D2C Strategy Marketing to a Niche Audience

  • 1. Engagemint’22 by Decoding D2C Strategy: Marketing to a Niche Audience 2022 Decoding D2C Strategy: Marketing to a Niche Audience Rishab Jain AVP Strategy, Bare Anatomy
  • 2. What’s common between all of these?
  • 3. Niches = Riches, and how to identify one? Common sources – • Subreddits • Talking to people • Amazon search data • Google trends and keyword research
  • 4. Why we launched our newest brand – SunScoopspf.com Google trends Amazon search Subreddit Launched this
  • 5. Ok, so Niches = Riches but how do you value riches or how can you drive value for your brand?
  • 6. I like to use this formula – [Customer Lifetime Value (LTV)]1 x [Number of customers]2
  • 7. We’ll look at the first part of the equation - LTV Life Time Value (LTV) = [Average Order Value X Margins] X [Repeat Rate] minus [Customer Acquisition Cost]
  • 8. 1. [AOV x Margins] can be driven by: 1/ Bundling 2/ Upselling 3/ Reducing processing costs (manufacturing, shipping etc)
  • 9. 2. [Repeat rates] or loyalty cannot be bought with discounts But can be earned by offering: 1/ Overall exceptional customer experience 2/ Making users part of your community 3/ Best in class product 4/ Slight FOMO 5/ Freebies and through Webengage journeys
  • 10. 3. Low CAC is the world’s sweetest thing 1/ Identify a recruitment product 2/ Collect first-party data 3/ Remarket or follow up 4/ Identify alternative channels
  • 11. Second part of the equation is to recruit lots of customers Brands x Geographies x Channels x SKUs