Lenny Distilled

The ultimate guide to paid growth

July 28, 2024

Featuring: Timothy Davis (Performance Marketing Lead, Shopify)

11 quotes · 11 insights

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Your data already contains tomorrow's insights

Always look at the data that's available to you within your analytics platforms and say, 'Users are already finding us here. How can we turn that knob up to 11?'
Timothy DavisPerformance Marketing Lead, Shopify 00:08:47

Hire smart people and get out of their way

I'm a firm believer in hiring smart people and then getting out of their way. But each week having one-on-ones with them, just spot checking things.
Timothy DavisPerformance Marketing Lead, Shopify 00:36:03

Keep your team as small as your ambition allows

Unfortunately, we've seen a lot in the news lately with a lot of tech companies letting go of some really talented people, and that is, I feel like just created bloated organizations.
Timothy DavisPerformance Marketing Lead, Shopify 01:16:02

Meet users where they already are

I always say, where are your users? You will have some data that will allow you to understand that say right now, you're doing really well on TikTok.
Timothy DavisPerformance Marketing Lead, Shopify 00:08:47

Growth without product-market fit amplifies failure

All you're going to do is really annoy the users. Because, say, in the future they are, 'Hey, I'm still interested, but I don't want to use that product because I already tried.' It's like, 'No, no, you can totally use it now.' 'I already tried. I had a bad experience with them.'
Timothy DavisPerformance Marketing Lead, Shopify 00:32:35

Perfect is the enemy of good enough

Make sure you're not too hard on yourself if it doesn't work. It's okay to fail because we're either winning or we're learning.
Timothy DavisPerformance Marketing Lead, Shopify 00:00:33

Speed matters, but only when you know what to build

All you're going to do is really annoy the users. Because, say, in the future they are, 'Hey, I'm still interested, but I don't want to use that product because I already tried.' It's like, 'No, no, you can totally use it now.' 'I already tried. I had a bad experience with them.'
Timothy DavisPerformance Marketing Lead, Shopify 00:32:35

You are what you measure - metrics shape outcomes

It's not about showing as often as possible because that's what impression share tells you, and that's kind of like ego marketing. I want to be number one, I want to be there all the time. It's about showing to the right person as often as possible.
Timothy DavisPerformance Marketing Lead, Shopify 00:56:26

Humans are more alike than we think

Agencies are a good place to get things started. Even when I was consulting, I would, honestly, I'm a big believer in forward thinking, backwards planning. So, if I'm taking this contract on with this new client, what's the end goal for you?
Timothy DavisPerformance Marketing Lead, Shopify 00:37:43

Count first, complicate later

Signal not noise. So typically, whenever I hire people, I want to hire smart people and kind of get out of their way. But the biggest thing I want to focus on is what is your thought process when it comes to data?
Timothy DavisPerformance Marketing Lead, Shopify 00:41:12

Failure without learning is the real failure

Make sure you're not too hard on yourself if it doesn't work. It's okay to fail because we're either winning or we're learning.
Timothy DavisPerformance Marketing Lead, Shopify 00:00:33

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