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Ladder · B2C · strength training app

Spend seed money on Facebook ads through an agency right after raising

Failed; unit economics never worked and spend paused after 3 months

Failedpaid-social

What they did

After a seed round in mid-2021, put money into Facebook paid with an outside agency, right after iOS 14 disrupted attribution and while bigger fitness brands competed for the same users. Cold users arrived with no context on coaches, got confused, and faced a $60/month price.

What happened

Couldn't make unit economics work; paused after about 3 months. Lessons fed the price cut and activation rebuild; guest vowed never to use a marketing agency again.
Stage
growth
Effort
About 3 months of spend in 2021; host guesses tens to hundreds of thousands of dollars
18:14
“And that was an utter disaster, and we got just absolutely slaughtered in that experience.”
Greg Stewart
19:31
“And users came in and they were just confused. They didn't know where to go, and they were doing all the wrong things, and we couldn't get people through through the workout.”
Greg Stewart
33:01
“And I'll never work with a marketing agency ever again outside of our team.”
Greg Stewart

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