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- Brandkenstein Lab Report to $100k #1 [Feb 2024] š§Ŗ
Brandkenstein Lab Report to $100k #1 [Feb 2024] š§Ŗ
Read the first Lab Report documenting the journey to $100,000 in sales. This month we're "boiling" at pre-launch and aiming to launch by EoM!
Yo! Welcome to the Lab! š
Here, la me will whip out the proverbial microscope to share the DTC brandās spend, results, strategy, and next steps.
The premise of Lab Reports are simple: Iāll recap the results of the previous month and share my hypotheses and plans for the next month.
Randy Marsh writing equations on whiteboard
Letās dive in!š
š¤ Have you even launched, brah?
Weāre at a āpre-launchā boiling point right now.
And thatās mainly all she wrote for January right now.
But the DTC product should be ready to launch by the end of the month š¤.
My wife and I have poured a ton of work and love into the project to even reach this point:
Actually building the product and our unique premise (took months!).
Building strong brand identity. Weāre going for a premium, luxury style brand. And weāve had to assess the marketplace to come up with unique colors, style, and messaging.
Aligning our personal lives around the DTC biz. (We have a 4-year old daughter and and coordinate working times around her and my day job. So TLDR: a lot of early mornings and nearly late nights for me š ).
Next big thing: Weāre looking to launch by end of month. And my wife is currently shooting a snazzy product promo video thatāll feature on the homepage of our site!
Biggest win last month: We released an instructional YouTube video based on our product thatās optimized for YT search. Itās got nearly 200 views without us promoting it, which is a great start!
āThe numbers, Mason Hassanā
Not much to report here since weāre pre-launch. Surprisingly, the site has generated 49 sessions (products are not ready to buy yet so there arenāt any sales).
Iād attribute this little trickle of traffic to the YouTube shorts content weāre creating and the instructional video.
Total visits: 49 store sessions
Total sales: Ā£0.00
Total orders: 0
Conversion rate: 0%
Brand growth:
My wife acts as the āChief Product Designer,ā so once weāve launched sheāll be able to execute the content strategy weāve created. Itās largely based on YouTube and YouTube shorts.
(Would you like to learn more about this? Reply and let me know and Iāll feature our strategy in the mid-month Branding report).
š§Ŗ What's brewing for this month?
Itās all about eyeballs baby! We need to generate awareness and early conversions. Hereās the plan to do that.
Influencer marketing.
Iām working on a āmicro-influencerā strategy to work on the launch and announcement.
Weāll share our product announcement with like 200-300 influencers > give samples to a 20-30.
This should generate the initial traction needed to gather feedback on the product and iterate on our marketing.
Iām estimating this will cost between Ā£500-Ā£1000.
I donāt have the time to do outreach. So will most likely develop a system & criteria for outreach and then share it with a reputable VA online to build the database.
Fleshing out the email list.
Even if people donāt buy, weāre looking to get them to subscribe on the list with a promotional discount or other incentive. I need to think more about this atm tbh!
Promo video.
It will go on the homepage and may be used for a light YouTube ad campaign to help with retargeting.
PPC & retargeting
Iām holding off on this right until launch day and will only spend a small amount.
My hypothesis: Retargeting the traffic we get from influencers will accelerate our brandās āstickinessā in the minds of consumers. Think about it:
A familiar influencer will shout us out. Theyāll visit our site. And then theyāll get served with ads. Multiple touch points sounds promising to me (albeit expense).
Letās see. Thatās the big ābetā for the coming months.
š” Your thoughts?
I'm all ears. What else would you like to know about the brand and its performance?
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