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Ethan Shust
Product Marketing Manager @ Triple Whale 🐳
Ethan Shust is a proficient brand strategist and marketing professional known for his ability to transform brands, craft compelling brand stories, and drive customer value. He holds a Bachelor of Science in Marketing from The Ohio State University Fisher College of Business along with a minor in Entrepreneurship/Entrepreneurial Studies.
With a solid educational background, Ethan has gained diverse experience through various roles in renowned organizations. He has served as a Product Marketing Manager and Brand Marketing Manager at Triple Whale, showcasing his strategic marketing expertise. Prior to this, he honed his skills as a Brand Strategist, Digital Analyst, and Junior Brand Strategist at Fahlgren Mortine.
Ethan's analytical mindset and strategic acumen are further evident from his experience as a Digital Operations Analyst at Red Ventures. His innovative capabilities were nurtured during his tenure as an Innovation Intern at Honda R&D Americas, Inc. Additionally, he has contributed as a B2B Brand Marketing Intern at WayUp and gained valuable insights as a Student Consultant at BSH Northern Europe.
Throughout his career, Ethan has demonstrated a strong foundation in marketing management, highlighted by his role as a Marketing Manager at KustomCaps LLC. His multifaceted background and proactive approach make him a versatile marketing professional with a proven track record of driving brand success.
Highlights
Nobody wants a bloated tech stack. 🤢
That's why Triple Whale is the comprehensive data platform for ecommerce brands.
And it just got even better:
Introducing Sonar 🔊
Now, Triple whale can supercharge your marketing platforms and optimize campaign performance while you sleep.
How does it work?
Sonar uses Triple Whale’s first-party pixel to capture your visitors’ on-site events, enriches them with customer and conversion data from Shopify and Triple Whale, and sends the data back to your marketing platforms via a Conversions API.
What does this mean for you?
📱Your platforms restore previously lost data and accurately identify more potential customers.
📫 Complete data triggers up to +70% more Klaviyo emails and abandonment flows capturing otherwise lost revenue.
📈 Higher data quality = More effective Meta campaign targeting.
The Result?
💸 More revenue and improved ROI.
We’re super excited to introduce Sonar to the ecommerce world, and we can't wait to show you how powerful it is.
On Monday, John Coyle hit me with 3 pressing data questions:
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What percentage of revenue are our brands spending on ads? (Also known as the Marketing Efficiency Ratio, MER)
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How does this change as annual revenue increases?
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Is there a significant difference for brands with less than $100 vs. $100+ Average Order Values (AOV)?
I analyzed our data across 15,000+ brands for the last 365 days. Here are my five key takeaways:
- Across the board, brands with $100+ AOV have significantly better marketing efficiency than those with less than $100 AOV.
For brands with less than $100 AOV:
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Brands with less than $1M in annual revenue are spending the highest percentage of their revenue on ads, with an MER of 32%.
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For brands earning at least $1M, the MER hovers around 20%. Among these, brands with $20M to $50M in revenue are the least efficient, showing a 23.01% MER.
For brands with $100+ AOV:
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Brands with less than $1M in annual revenue still have the highest MER, but it is significantly lower than those with less than $100 AOV (17% vs. 32%).
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The MER generally improves as annual revenue increases. Brands with $20M or more in revenue hover around a 10% MER, which is impressive.
This analysis raises a new question: Is AOV the key to sustainable growth?
I'm curious to hear your thoughts. Let me know in the comments below.
