Sub Club by RevenueCat · 2025-09-03
The Post-Attribution Playbook for Growth — Eric Seufert, Mobile Dev Memo
David Barnard talks with Eric Seufert (Mobile Dev Memo, Heracles Capital, Chief Strategy Officer at The Fabulous) about AI in marketing and listener questions. Extracted: The Fabulous's team-by-team AI adoption matrix, his 2018 Draper ad-variant engine, a secondhand CAPTCHA signal-engineering test (+~40% ROAS), and his practitioner rules on waterfall channel allocation, pushing out the ROAS frontier with aging cohorts, and killing creative losers fast. Much of the episode is opinion on AI, ads and ATT.
Play the episode7 tactics
Numbers mentioned
| Subject | Metric | Value | Quote |
|---|---|---|---|
| Business of a Marketing Operators podcast host | roas ROAS lift after adding a pointless CAPTCHA as a high-intent signal sent back to the ad platform; recalled secondhand ('or something') | +40% estimate | “they created a CAPTCHA for no reason other than to test the user's intent. And it drove like a 40% increase in ROAS or something” |
| Meta | count Advertisers using Meta's GenAI products for creative production (per Meta) | 2M advertisers approximate | “they said they have two million advertisers using their GenAI products for creative production” |
| Meta | growth rate Ad efficiency gains Meta attributes to its core AI tools (GEM, Lattice, Andromeda), per quarter or half-year; compounds | +5%/quarter approximate | “every quarter, they're pointing to those tools and saying, "They drove 5% more efficiency."” |
| benchmarkClick-through rate on well-targeted personalized ads | conversion rate Ad click-through rate (impression -> click): under 5%, about 4% on a good day, under 2% or under 1% for most products, and those can still be profitable | sub 5%; ~4% on a good day; often sub 2% or sub 1% approximate | “It's sub 5%. On a good day, it's it's 4. Like, for most products, it's it could be sub 2, sub 1, and those could be profitable campaigns” |
| benchmarkWorked example of an early-campaign ROAS frontier test | ad spend Starting daily spend in the example, paired with a 150% ROAS target | USD 5,000/day illustrative | “I'm going to spend 5k or a day or whatever and, you know, if I'm hitting 150 ROAS, great” |
| benchmarkWorked example of an early-campaign ROAS frontier test | roas Early bar: if a campaign can't hit ~150% Day 7 ROAS at very low spend, it probably can't grow | 150% illustrative | “if I can't hit 150 Day ROAS at Day 7 with very low spend, probably not going to be able to grow this” |
| benchmarkWorked example of an early-campaign ROAS frontier test | roas Day 60 cohort ROAS after budget was raised; next step raises budget again toward a ~110% landing point | 120% illustrative | “track the cohorts more and see where they land at Day 60. And it's like, "Okay, well, that's 120."” |