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Invest Like the Best with Patrick O'Shaughnessy

Jesse Pujji - A Primer on Performance Marketing - [Founder’s Field Guide, EP. 27]

Invest Like the Best with Patrick O'Shaughnessy

Colossus

Investing, Business, Technology

4.82.4K Ratings

🗓️ 1 April 2021

⏱️ 94 minutes

🧾️ Download transcript

Summary

My guest today is Jesse Pujji, the Founder & CEO of Gateway X, a holding company that builds, buys, and invests in companies that are driving the direct-to-consumer landscape. Prior to Gateway X, Jesse was the CEO and co-founder of Ampush, a performance marketing business helping power customer acquisition across some of the world's biggest brands. Jesse is my go-to person for all things performance marketing and customer acquisition, so we decided to record this episode to bring his incredible lessons to a wider audience. It also dovetails nicely into the series of episodes we are making called Primers, where we take our audience from a 0 to a 7 on just about any topic. In this Primer with Jesse, we dive into how revenue mechanics affect ad campaigns, why long sales funnels often offer the greatest opportunities for differentiation, and the various channels and strategies available for performance marketing. I hope you enjoy my conversation with Jesse Pujji.

For the full show notes, transcript, and links to mentioned content, check out the episode page here.

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This episode is brought to you by Vanta. Vanta has built software that makes it easier to get and maintain your SOC 2 report at a fraction of the typical cost. Founder’s Field Guide listeners can redeem a $1k off coupon at vanta.com/patrick.

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This episode is brought to you by LinkedIn Jobs. With LinkedIn, you get access to an active community of professionals with more than 722 million members worldwide. LinkedIn is the easiest place in the world to post a job and message qualified candidates. Getting started is easier than ever, and now you can do this all from your mobile device.

When your business is ready to make that next hire, find the right person with LinkedIn Jobs. And now, you can post a job for free. Just visit linkedin.com/fieldguide to post a job for free. Terms and conditions apply.

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Founder's Field Guide is a property of Colossus, Inc. For more episodes of Founder's Field Guide, visit joincolossus.com/episodes.

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Follow us on Twitter: @patrick_oshag | @JoinColossus

Show Notes

[00:03:58] - [First question] - Overview of Jesse’s career and starting Ampush

[00:12:11] - Red Ventures

[00:13:11] - The four components of performance marketing

[00:17:47] - Time and other variables in between impressions and revenue events

[00:23:12] - Understanding the dimensions of a business and their offering

[00:25:32] - Common misunderstandings businesses have about their marketing

[00:27:17] - Major changes in the Facebook and Google digital marketing ecosystems

[00:29:27] - Direct response marketing vs brand marketing
[00:35:08] - The importance and impact of effective messaging

[00:37:28] - The differences between good and bad conversions

[00:40:56] - Does alpha still exist, is it worth looking for, and does beta have a place

[00:43:25] - Fundamentals of a high performing marketing organization

[00:50:04] - Attention aggregators of marketing agencies
[00:50:18] - Nerdwallet - Thumbtack

[00:51:22] - Product channel fit

[00:52:11] - PebblePost
[00:53:58] - Lessons learned from working with Uber

[00:55:42] - Retention marketing
[00:57:31] - Upcoming frontiers of performance marketing

[01:01:15] - Overview of Nerdwallet
[01:03:36] - How Jesse’s time at Ampush has shaped his investment lens
[01:07:20] - Lessons from bootstrapping a business vs venture capital funding

[01:17:05] - The entrepreneurial execution loop and operating cadence

[01:29:20] - Kindest thing anyone has ever done for him

Transcript

Click on a timestamp to play from that location

0:00.0

This episode is brought to you by Vanta.

0:02.0

Does your startup need a Sock 2 report to close big deals?

0:05.0

Or do you already have a Sock 2 report and want to make it easier to maintain?

0:08.5

Vanta has built software that makes it easier to both get and renew your Sock 2.

0:12.7

With Vanta's continuous monitoring solution, you avoid hosting auditors on site

0:16.8

and taking screenshots to prove that you're compliant,

0:19.0

so you can focus on building your business.

0:21.2

Vanta partners with audit firms who file your Sock 2 report directly inside Vanta

0:25.3

at a fraction of the normal cost.

0:27.2

Hundreds of companies, including more than 100 wide-combinator businesses,

0:30.5

are leveraging Vanta's today to streamline compliance and focus on building their businesses.

0:35.2

Founders field guide listeners can redeem a $1,000 off coupon at Vanta.com forward slash Patrick.

0:40.9

That's Vanta.com forward slash Patrick.

0:43.9

This episode is brought to you by LinkedIn Jobs.

0:46.2

2021 means new opportunities to grow your business.

0:48.9

If part of your strategy is adding new members to your team,

0:51.4

LinkedIn Jobs finds the right person quickly.

0:53.7

To make things better, your first job post is free.

0:56.2

With LinkedIn, you get access to an active community of professionals

0:59.2

with more than 722 million members worldwide.

1:02.2

LinkedIn is the easiest place in the world to post a job and message qualified candidates.

1:06.7

Getting started is easier than ever, and now you can do all this from your mobile device.

...

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