02
Where I played along myself
For a while I was part of the theater myself. This is what it looked like.
I call it performance theater when platform numbers are reported as if they were results and nobody traces a euro to the sale. I have not only seen it in others. I did it myself.
My first retainers were between EUR 250 and EUR 1,500 a month, depending on the size of the client. Whether that paid off for me I checked as little back then as whether the newsletter sold. The job was to fill a newsletter with cheap leads, and that is what I did. Meta's tracking was actually better then than it is today. Whether the newsletter then sold anything was not my job, and I did not know. The report was honest about the lead and silent about the sale, and nobody had signed up to own the gap between the two.
The clearest case was Anne Jansson, a business coach for health coaches. She came to me in February 2023 and, understandably, first wanted to know which digital sales formats worked before putting time into a foundation. So I delivered formats: all through 2023 I tested lead magnets and optimised cost per lead, because that is the number the dashboard rewards and almost every client is keen on. The leads came in at EUR 3.59 and looked great in the report. They did not buy.
In the first quarter of 2024 we switched the ads off and built the foundation: interviews with her best customers, a message in their own words, and only then ad budget again. Cost per lead rose to EUR 20 on purpose. The quarter closed at 407% ROAS, every sale traced back to the ad click. Same client, same channel, and the person on the account was the same as in 2023. The only thing that had changed was the number we were working toward.
Since then I have considered the cheap lead the most expensive lead there is. A report can be completely honest about the lead and completely silent about the sale. So decide which of the two numbers you are paying for before you sign, and make sure someone owns the gap between them. On my accounts, that is me.
Who I build for today
For nine years I worked mostly for coaches and consultants. Many of them chose on purpose not to become a company of ten or twenty people, and they were right to, a business should not become a golden cage. I would rather build for companies of ten to two hundred people that want to floor it and want to see the numbers before they release one more euro. That is who the method was always built for.