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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

Jun 20 · linkedin

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.

May 8 · linkedin

On Monday, John Coyle hit me with 3 pressing data questions:

  1. What percentage of revenue are our brands spending on ads? (Also known as the Marketing Efficiency Ratio, MER)

  2. How does this change as annual revenue increases?

  3. 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:

  1. 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:

  1. Brands with less than $1M in annual revenue are spending the highest percentage of their revenue on ads, with an MER of 32%.

  2. 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:

  1. 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%).

  2. 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.

Ethan Shust
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Location

Columbus, Ohio, United States