GTM Sauce

Lose It! · B2C · calorie tracking app

Spend big on paid ads to stop relying on organic users

~10% predicted ROAS at scale; money burned and the push was dropped

Failedpaid-socialanalytics-attribution

What they did

2019's big strategic initiative was to grow beyond organic users with a big paid acquisition budget targeting cold audiences. ROAS was projected with curves fitted to each cohort's first 10 days, which predict eventual LTV well for their user base. Many users came in but stayed free.

What happened

ROAS as low as ~10% when scaling (predicted); cohorts probably at 0.3-0.4 after five years. Company stayed cash-flow positive thanks to organic users, but paid was 'setting money on fire'. Paid is now a very small part of the mix.
Stage
Profitable, mostly organic freemium app
Effort
Big budget; the year's main strategic initiative (2019)
21:47
“We went big with a big budget on paid acquisition, and it was basically impossible to make the economics work out. Obviously, we were still cash-flow positive, because the organic base was subsidizing these folks, but economically, it was just setting money on fire.”
Paul Apollo
“And that's tough when you are going after cold audiences with a freemium app, cuz we actually generated a fair number of users. They were just free. We weren't monetizing them.”
Paul Apollo
22:45
“So what we were doing is trying to create ROAS curves, which our user base is actually pretty predictable, and if we apply curves to the first 10 days, we get to within a pretty good confidence where your eventual LTV is going to end up.”
Paul Apollo

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