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The Marketing Economist

Your marketing should show up in the P&L, not just the dashboard.

Audit FindingConstraint identified

Primary constraint

Unit economics

Margin after costs
6%below breakeven
Profit per customer$6
Cost to acquire (CAC)$142
Customer revenue (LTV, 12mo)$148
Ad return (ROAS)
4.2×looks fine

Fix contribution margin before scaling spend. ROAS is not the problem.

You already know
something is wrong.

Patterns that do not disappear with more budget.

Ads look profitable. Margins are shrinking.Tried multiple agencies. Same playbook every time.Ads look profitable. Margins are shrinking.Tried multiple agencies. Same playbook every time.
Ads look profitable. Margins are shrinking.Tried multiple agencies. Same playbook every time.Ads look profitable. Margins are shrinking.Tried multiple agencies. Same playbook every time.
Spend scaled. Results did not.What is actually driving revenue, and what just looks good in a dashboard?Spend scaled. Results did not.What is actually driving revenue, and what just looks good in a dashboard?
Spend scaled. Results did not.What is actually driving revenue, and what just looks good in a dashboard?Spend scaled. Results did not.What is actually driving revenue, and what just looks good in a dashboard?
Plenty of data. No clear read on what it means.Plenty of data. No clear read on what it means.
Plenty of data. No clear read on what it means.Plenty of data. No clear read on what it means.
Where to start

Structured audits. Defined outcomes.

Most clients start with one audit, wherever the symptom is showing up. The three areas cover every layer where profitable growth breaks down.

Is the model built to scale?

Pricing logic, contribution margin, acquisition costs. The economic foundation before you scale spend.

Ordered system flow diagram
Fix the foundation first.

Where your ad spend is leaking

Paid media structure, funnel performance, conversion. Where revenue is leaking, ranked by impact.

Marketing economics funnel
The leak is in the system.

Are you reaching the right people?

Who actually buys, what they value, where perception gaps are costing you margin.

Money dissolving abstract
Reaching everyone. Buying few.
Industries

Who this is for

E-commerce & DTC

Spending more to acquire customers worth less.

B2B & SaaS

Leads are coming in. The wrong ones are closing.

Multi-location & Service Businesses

Lead volume fine. Utilisation uneven across locations.

Premium & Experience-Led Brands

Positioning isn't landing, or the wrong audience is finding you.

What clients say

Results that speak

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Why your ROAS looks fine – and your margins are shrinking

The gap between a 4× ROAS and a profitable business. How contribution margin exposes what the dashboard hides.

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Next step

Start with an audit.

If the numbers look right but the business isn't growing, that is the starting point. An audit, not a conversation about scope.