Efficient paid acquisition: optimise to CAC and payback, not ROAS
ROAS lies; payback tells the truth. A senior operator’s guide to running Meta, Google and LinkedIn for efficient, scalable acquisition.

Last-click ROAS quietly distorts most accounts: it over-credits the channels that harvest existing demand and starves the prospecting that creates it. Worse, it says nothing about margin or cash. The right north stars are CAC, payback and contribution margin.
Give each channel a role
Google captures intent; Performance Max and YouTube extend reach; Meta is your scale engine, powered by creative; LinkedIn is precise B2B account targeting. Trying to make every channel do everything is how budgets leak.
The four efficiency levers
Account and audience structure (where most waste hides); a structured creative-testing pipeline; landing-page CRO; and a measurement stack you can trust, sense-checked with incrementality on your biggest lines.
Scale without wrecking efficiency
Expand deliberately — widen audiences in steps, keep fresh winners flowing, and protect payback as the guardrail. Scale is earned by the system, not forced by the budget.
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