Inc. Magazine – September 2019

(Nancy Kaufman) #1

DeLoach Right now, I’m at a cross-


roads. Revelry does great word of


mouth, but one of my big strug-


gles is getting business through


those e-commerce channels.


I recently hired a creative director,


who’s going to be reshooting and


doing videos of all of our gowns


this fall. But we’ve only recently


been diving deep into digital


marketing—and I’m not an expert


in it. I’m trying to figure out what


kind of person I need to run things


and what kind of team I need to


build out.


LaFleur Budgetwise, what do you


have apportioned for the job?


DeLoach We’ve been profitable for


a long time, so we have a healthy


budget for that hire.


LaFleur So, there’s no silver-bullet


answer. We’re doing a hybrid


model now—half the team is


in-house and half is outsourced.


Ultimately, our goal is to bring


it all in-house so it’s a true exper-


tise for us.


One way you can go about


it is to bring in someone with three


to five years of experience who has


done performance marketing


before, and is self-sufficient


and can get things started on


Facebook, Instagram, Google.


If they can find a channel or


strategy that works for you, it can


be incredibly lucrative.


But something that’s different


about digital performance


marketing compared with tradi-


tional marketing is that it’s an


experiment. The people who


tend to be best at it are analytical


and can run multiple tests at


a time.


For this, it’s actually not enough


to hire the performance marketer
alone. Unless there is a person
saying, “I want you to try these
10 ads with these 10 pitches,” you
don’t have a ton to experiment
with. So you have to be able
to provide relevant assets and
copy and turn around marketing
pitches quickly.
Whether people will see crazy
conversion differences depends
on how good the visuals are. Or
how good the copy is. Those things
matter a lot.
So, if you have a decent bud-
get, I might go the agency route.
They know all the latest things
happening on Facebook, Insta-
gram, Google. It’s more expensive,
but they have deep expertise in
each channel.

DeLoach So then the question is,
how do you pick the right one?

LaFleur I think, honestly, it’s
less about the agency and more
about whom you get at the
agency. We’ve gone through
several agencies, and some people
at an agency are amazing and
some are terrible. The amazing
thing about performance market-
ing is that the results are the
results. So if it’s not working, you
just say, “I’m not seeing the results
here” and move on. I’d probably
be very involved, especially at the
beginning, and I’d give any trial
three months.

DeLoach This makes me feel
better. I’ve been meeting with
people to find that hire and feeling
like I’m not getting anything done
on the company.

LaFleur Especially at this stage,
if you have the cash flow to
support it, building out your team
so you can scale is one of the
most important things you can be
doing—if not the most.

DeLoach That’s reassuring. I can
get analysis paralysis about where
I should be putting my time.

LaFleur I really get you. I do
this 10-minute exercise—not on
Monday morning, because Monday
morning has a way of making
me panic—and ask myself: What

three things do I want to get done
this week to move the needle
for the business?
With a small team, you’re
still involved with a lot of the day-
to-day. But the idea is to scale
your company and to have experts
running the business for the
most part.
Right now, it sounds like your
number-one job is hiring a digital
marketer. Forty percent or more of
your time should be spent on
recruiting, whether that means
you’re going on LinkedIn, going on
recruiting appointments, talking to
[recruiting] agencies. I don’t tend
to use agencies, so a lot of my
best people have come through
my own contacts or stalking
Linked In. When an email comes
from a CEO, a lot of people are
willing to hear you out.
Do you have a CFO?

DeLoach My husband is our CFO.


LaFleur Wonderful. You can tell
him: Please run all the analyses in
the world, make sure all the checks
are going out, but, most important,
just always make sure I never run
out of cash. You do that for me,
so I can handle my biggest jobs,
which are to set a crystal-clear
vision for the company and hire
the right people—and fire the
wrong people.

DeLoach That’s one of the
hardest things about being CEO—
letting go of someone if they
aren’t working. But when you know,
you know.

LaFleur Totally. That’s a really
important part of the CEO’s role.
Too often, people keep people
around, hoping maybe it will work
out. But if you’re already spending
time on hiring, it shouldn’t feel
impossible.

One week after this conversation,
Michelle DeLoach sent an update:
“I dedicated 40 percent of my
time to hiring, as Sarah suggested,
and we just hired an amazing
director of operations and
marketing. Things already feel
like they’re coming together,
thanks to her help.”



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