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.
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Numbers mentioned
| Who | Metric | Value | Context | When |
|---|---|---|---|---|
| Business of a Marketing Operators podcast host | roas | +40% estimate | ROAS lift after adding a pointless CAPTCHA as a high-intent signal sent back to the ad platform; recalled secondhand ('or something') | 20:52 |
| Meta | count | 2M advertisers approximate | Advertisers using Meta's GenAI products for creative production (per Meta) | 6:39 |
| Meta | growth rate | +5%/quarter approximate | Ad efficiency gains Meta attributes to its core AI tools (GEM, Lattice, Andromeda), per quarter or half-year; compounds | 7:34 |
| benchmarkClick-through rate on well-targeted personalized ads | conversion rate | sub 5%; ~4% on a good day; often sub 2% or sub 1% approximate | 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 | 32:17 |
| benchmarkWorked example of an early-campaign ROAS frontier test | ad spend | USD 5,000/day illustrative | Starting daily spend in the example, paired with a 150% ROAS target | 43:29 |
| benchmarkWorked example of an early-campaign ROAS frontier test | roas | 150% illustrative | Early bar: if a campaign can't hit ~150% Day 7 ROAS at very low spend, it probably can't grow | 44:33 |
| benchmarkWorked example of an early-campaign ROAS frontier test | roas | 120% illustrative | Day 60 cohort ROAS after budget was raised; next step raises budget again toward a ~110% landing point | 44:04 |