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Industry Playbooks

Every Industry Playbooks article in the published edition, newest first.

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Industry Playbooks

DTC Brands Are Betting on Wholesale — But the Unit Economics Are Complicated

A growing number of digitally native direct-to-consumer brands are signing wholesale deals with Target, Nordstrom, and Whole Foods as rising Meta CPMs make pure-play DTC increasingly costly. The shift is dividing operators: proponents see retail shelf space as subsidized customer acquisition, while critics warn that handing transactions to a retailer erodes the first-party data and pricing control that made the DTC model valuable in the first place.

6 min read
Industry Playbooks

Personal Injury Law Has the Highest Google Ads Cost Per Lead of Any Industry — And a Referral Engine That Leaks

New benchmark data shows attorneys and legal services average $131.63 per Google Ads lead — more than double the cross-industry average — while Clio's survey data finds referrals remain the top client source, yet 87% of declined prospects never get referred anywhere else. For personal injury firms, response speed and referral discipline may matter as much as ad spend.

5 min read