Forecasting Series Part 3: Nate Gunn Discusses the Impact Forecasting had on the success of his brand
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Description
This episode is the final part in the forecasting series and your hosts, Cody and Taylor, sit down with co-founder Nate Gunn to discuss the success of his brand Wildbird. He highlights the power of influencer and social media marketing in the mom community, the challenges of transitioning from polished creative to authentic content and the importance of leveraging customer voices in their brand. Nate also highlights the significance of forecasting and working with a fractional CFO to achieve financial goals. He shares insights into designing a profit and loss statement and the benefits of monitoring and adjusting the forecast. 00:00 Introduction and Background 01:09 Wildbird's Baby Carrier Niche 07:46 Success with Influencer and Social Media Marketing 09:33 Challenges with Ad Management 12:59 The Power of Moms as Brand Advocates 14:26 Transitioning from Polished Creative to Authentic Content 19:15 Launching All Available Creative 19:28 The Power of Cost Control in Advertising 20:20 Embracing a New Advertising Strategy 21:18 Balancing Brand Voice and Content Strategy 24:00 The Importance of Forecasting 25:34 Working with a Fractional CFO 26:05 Designing the Profit and Loss Statement 28:29 Monitoring and Adjusting the Forecast 33:26 Building a Bottom-Up Forecast 36:16 P&L Design and Editing 39:26 Testing the Boundaries of the P&L Design 44:26 The Freedom of Clear Numbers and Planning 45:43 The Importance of Community and Collaboration Brought to you by: MightyScout: Supercharge your agency with the fastest solution for Instagram & TikTok Influencer Tracking, Analytics & Reporting. Get more valuable work done for your clients without hiring more staff. ⁠⁠https://mightyscout.com/⁠⁠ And Social Snowball: Frictionless affiliate programs for your customers & creators. ⁠⁠https://socialsnowball.io/⁠⁠ Cody Twitter: ⁠⁠⁠⁠⁠⁠⁠https://twitter.com/cody_wittick?s=21...⁠⁠ Taylor Twitter: ⁠⁠⁠⁠⁠⁠⁠https://twitter.com/taylorlagace?s=21...
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