This was a tough month. Originally, when Dad's Club launched, I thought that Father's Day and Black Friday / Cyber Monday would be our highest growth days.
I mean, what could be a better gift than a Dad's Club membership for Father's Day?
We had been planning for Father's Day for months prior, and the plan was two-fold:
Both campaigns flopped. The Father's Day gifting campaign on Facebook ended up costing 5x the Customer Acquisition Cost (CAC) as when we run ads directly to dads to signup. And we didn't run nearly as many giveaways as we had planned.
If there was a gift that we got from this month, it's been the feedback from those that didn't give Dad's Club as a gift:
Initially, we had launched Dad's Club as a way to niche down. The parenting market is very crowded, and there is not a shortage of resources & communities for new moms. The Blue Ocean Strategy (Kim & Mauborgne) suggests that you should go into spaces untainted by competition.
Although the month didn't go as planned, we did learn a lot. And we're getting ready to make a big pivot based on these learnings...
Onward,