Don't You HATE Sites That Don't Just Tell You What They Charge?
We do too. Remember, we've built and run IR 500 ecommerce companies so we think like operators, not vendors. We understand where you are coming from. Our pricing was designed based on what we would want in working with a partner. You deserve no less!
We bill monthly based on a percentage of managed ad spend, but...
- No Setup Fees
- No Long Term Contracts - Month to Month Pricing
- No 90 Day Ramp Up Periods. We earn our keep from day one.
- COS Guarantee - If we don't hit your COS Target, you only pay the monthly minimum of $500
- 10% of Ad Spend for Accounts Spending $80,000+ per month
- 12% of Ad Spend for Accounts Spending $50,000 to $80,000 per month
- 15% of Ad Spend for Accounts Spending Less Than $50,000 per month
- Get Started with a Free AdWords Review
Alignment of interests is very nearly the only consideration in the way we've set up pricing. In our years as retailers, the vendors we were least comfortable with were the ones that were going to be paid the most when they acted as selfishly as possible--such as a straight percent-of-spend, with no qualifiers, or a percent of revenue with no ROI commitment.
Our pricing for full-service management is a percent of spend, but with a COS (Cost of Sale) ceiling. COS is the reciprocal of ROAS--the percent of revenue you spent on the ads. If, for example, you want to spend 25% or less, and we generated $100,000 in revenue in a given month and we spent $25,000 to do it, then the invoice would be $3,750 (15% of $25k). However, if we spent $25,001, then the invoice would be just the $500 minimum invoice.
That keeps a lot of skin in the game for us, and ensures that we're both aiming for the same outcome--the largest scale possible, but at an efficient and profitable return. If you have multiple targets (such as branded versus non-branded campaigns), then we simply split that minimum into appropriate line items, each evaluated individually.
The StatBid Method works best on accounts that are large enough to be spending at least $5,000 per month. Below that threshold, and we sometimes have trouble reaching statistical significance on our decisions--and we'll admit that! However, we encourage you to reach out, even if you're below that bar, as we'd still like to talk shop, and see if we can help!
Not sure if your account would be a good fit for StatBid, or vice versa? Don't worry, we'd still like to try to help! There's only one way to be sure, after all...