The Bottom Line: Ecommerce Tactics for Profitable Growth artwork

The Winning Formula To Grow Is Not Paid: It's Organic (with Joe Welstead)

The Bottom Line: Ecommerce Tactics for Profitable Growth · with Joe Welstead · November 13, 2024 · 22 min

Summary

Joe Welstead, founder of Ocean, shares his journey launching a second CPG company with a strong focus on organic growth before paid acquisition. He discusses the advantages of starting with a single SKU, concentrating on a direct-to-consumer model, and leveraging relationships and influencer seeding to build an audience and generate sales without initial ad spend. This strategy provides a solid foundation, making paid ads more effective and efficient when eventually introduced.

Key takeaways

Themes

organic & seodtc strategypaid acquisitionfounder & leadership

Topics covered

organic growth strategycpg brand launchsingle sku strategydirect-to-consumerinfluencer seedingpaid ads optimizationcustomer acquisition costbrand buildingecommerce channelsbootstrapping

Episode description

Join host Cody Wittick on this insightful episode of The Bottom Line, where he sits down with Joe Welstead, the innovative founder of Oshun, a hydrating supplement company. Joe shares his journey from building his first brand, Motion Nutrition, over 6-7 years to launching Oshun with a fresh perspective and lessons learned.In this conversation, Joe reveals the missteps he avoided the second time around and how he's embracing a simplified approach with Oshun. They delve into the strategical shift from launching multiple products to focusing on one SKU, and the decision to hone in on a direct-to-consumer model over an omnichannel approach. Learn how Joe leverages organic growth, balances control over brand narrative, and navigates the new landscape of paid advertising.Tune in to discover the bottom line on building a successful brand from the ground up.---------------------------------------There is a problem today with too much fake UGC exaggeration. Consumers are looking for authentic influencer content and we have the solution for that: SARAL is an InfluencerOS that brings your entire workflow from discovery to payments and tracking, all inside one platform.Go to: https://www.getsaral.com/ and get a 7-day free trial.--------------------------------------------------------------------------------------------------------Connect with Cody on LinkedIn or X .Connect with Taylor on LinkedIn or <a href="https://x.com/TaylorLagac

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Frequently asked about this episode

What does this episode say about organic & seo?
For new CPG brands, prioritize launching with a single, focused SKU to simplify logistics and refine brand messaging. This contrasts with the challenges of launching multiple SKUs simultaneously, which can dilute brand focus and create operational complexity.
What does this episode say about dtc strategy?
Implement a "DTC-first" strategy, carefully selecting retail placements for brand visibility rather than primary sales channels. This allows for concentrated efforts on direct customer relationships and feedback.
What does this episode say about paid acquisition?
Cultivate an organic audience through influencer seeding and leveraging existing networks before activating paid acquisition channels. This builds trust and generates valuable "signal" for advertising platforms, leading to more efficient ad spend and lower customer acquisition costs.
What does this episode say about founder & leadership?
Embrace the unpredictability of organic growth, using it to build a loyal community and collect early data. While forecasting organic sales is challenging, the long-term benefits of authenticity and strong customer relationships can significantly outperform immediate paid ad returns.
What does this episode say about organic & seo?
Understand that for bootstrapping brands, an established organic audience makes paid ads more effective. Turning on ads after building a strong organic foundation improves consistency in traffic and sales, and your pixel data will be richer, leading to better-performing campaigns and more reasonable CACs.

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