Wednesday 2 November 2016

Never Read Another Marketing Book Again: This Post Will Make You A World Class Marketer. Guaranteed.


What do Seth Godin, Noah Kagan, Steve Jobs, Malcolm Gladwell, David Ogilvy, Tim Ferriss, Tony Robbins & Walt Disney have that we don’t? How do/did they continue to confound critics and create successful products and campaigns over and over again?
While other meticulously planned and extremely well-funded campaigns that are destined to succeed are left out in the dust. Gasping their last sip of air.
They all have access to a formula. A set of defining principles. And if followed, the likelihood of success for any marketing communication goes up significantly. I figured this out through 10 years of research, and more than $150,000 on different projects and campaigns.
Today I’m going to lay it out for you plain an clear.

My Process:

This post is the culmination of 10 years of trial and error,
Over 200+ books, 1000s of articles/blogs/podcasts, and picking the brains of some of the best marketers and advertisers I could reach.
As soon as I came across a new marketing, copywriting, or sales strategy. I tested it. I put it into action in the real world where it matters. Not in fantasy theoretical land where all the charlatans exist.
Research for this post involved:
– Spending $150,000+ on different campaigns and ventures over the years
– Sending 100,000+ emails (1,000 per month), and 10,000+ sales calls
– Testing 100s of different direct response and online marketing campaigns with “experts”
– Door knocking across suburbs with different scripts
– Trying strategies to reach the hardest to reach people in the world
So on and so forth…in summary, I tried EVERYTHING.
And in the process, I’ve been able to field-test the BS from the gems.
There are a set of principles that underlie successful marketing. Methods are many, but principles are few and ever-present. They haven’t changed for hundreds of years and won’t change for hundreds of years still.
Now let’s move on to the meat of this sandwich shall we?

Your Marketing Handbook: The Guiding Principles

The defining guidelines of marketing below will be as relevant today as 400 years from now. There are three core concepts that must align. Get your communication as closely aligned to the principles outlined in each component. And if you want to learn more, there is suggested reading for each principle.
1
LOOK — how your message should be presented
DIRECTION — how and where your message should be directed
CONTENT — how to optimise the message

Core 1: LOOK – How Your Message Should Be Presented

Tell It As A Story.

Instead of facts, information, benefits, bullet-points, power-points, or whatever else you decide to present. Tell a story instead. A story is more memorable — you don’t forget a great story. A story allows you to get past the resistance and gets people hooked — science proves that storytelling activates our entire brain, evolution has wired us in such a way. A story gets shared — since forever, narratives are how humans have passed on information and knowledge.
Example
I have a client who is a BIG resource player. This client has an extremely scary boss / owner/ founder (she is aggressive, powerful, and will rip you apart if you screw up). She is worth a lot of $$$. We, being their technology provider, got an urgent call that they needed someone on site because she had planned a last minute presentation to some big-shot overseas investors. Flights were booked in a rush, we juggled our team around and everything seemed to be good to go. But an hour before, flying conditions deteriorated. Our flight was cancelled. Panic broke out. Lots of stress amongst all their staff. Taking the initiative, one of our Directors packed the necessary tools in his car and packed his bag, left home after dinner, and drove 12 hours overnight non-stop over 1,000kms to be there first thing in the morning.
Ready before the presentation started. To the shock of our client who’ve never seen someone do that.
Once people hear this story — they never question our service.

Find a Bigger Purpose

People are excited by, and get behind, big visions and lofty goals. More money is thrown to back moonshots than some 10% improvement on an existing product. So find and proclaim a bigger purpose. A big purpose motivates people. A bigger purpose wakes people up from the noise and demands attention. A bigger purpose instills the perception that you are someone special to be able to tackle it, and hence are more likely to be supported by others.
Example
I ran a direct marketing campaign some time ago, where we were trying to get businesses to install solar panels. I did this by getting the postal addresses and decision makers of virtually all small and medium sized enterprises (SMEs) in nearby areas and sent them personal sales letters. There were three versions of this letter that I sent. The content of each was 99% the same, the only difference being the headline and sub-headline. First was all about money they could save and profits for their business — financial motivation, The second was about making the business look “more green” — PR spin, The third presented a higher purpose of reversing the trend against global warming, doing it together as a state, and saving money. The third sales letter had nearly 4 times as many responses. Several years on and we are still getting leads from this letter.

Provide an Experience, Not Utility

Yes your expertise, product knowledge, great service, and competitive pricing is wonderful and your product does this thing that no one else does. However, it is the experience and how the user feels that outweighs any utility or logical reasoning you could conjure up.
The experience and feeling is all that marketing is about. The experience and feeling is what people remember and come back for again and again. Those who can’t evoke feelings, struggle with their sales. The experience and feeling is what people share with others — not the utilitarian benefit.
Example
There was a gap in the market. We came across an opportunity to manufacture our own product to fill this gap. Quite a profitable one we thought. So we hustled and bustled to source a manufacturer and spent months developing a solution that was the absolute best it could be — quality, reliability, functionality, and cost-effectiveness. But, even though it cost less, and was an obviously better solution, It didn’t sell. How can a solution which is better and cheaper, not sell? What gives?
We then redesigned the look of the product to be very minimalistic, added a bright logo to the front, used higher grade finish, and personally dropped off the first sample to each new customer along with a hand-written note and a small bag of goodies. The product functionality wise was 100% the same.
We sold 1,500 units in the first year at double the price we originally set for the product. And we continue to get new clients through word of mouth, without much additional marketing required.

Core 2: DIRECTION – How and Where Your Message Should be Directed

Go Where You Will Be First

Being in a place where you have no competition is better than being where you think there is a huge market. Make your consumer perceive there is no competition. Be first in that space that you create for your product, and entrench yourself so deep in your customer’s mind, it’ll be hard to get you out. Being first means no competition. Being first means you typically enjoy the largest share even when others arrive. Being first means easier to capture attention, easier to bring the guard down of the buyer, and harder to get you out when the war begins. Caveat — being first in a space where no one cares and there is no demand is useless, read “testing” below.

Example
A product we manufactured was a powered speaker. It was competing against the millions of other powered speakers already in the market. Why would anyone buy it? Why did we even create it? Well, when we gave it its own category as the “First powered speaker designed specifically for the classroom”, anyone looking for a classroom speaker knew what fit the bill better than anything else. Similarly, a company that I was consulting and later became a partner with, had released a watch that had a patented timer function. Essentially you set a time and it counted down. Every digital watch on the planet, along with phones, have this feature. So what?
Well, because it was designed by having only this feature (aside from telling the time), the category we put it in was the “first productivity watch”. Essentially you set the undisrupted amount of time you want and START. Now anyone that wanted to be productive was reeled in to want to know more.


Focus On The Small, Not Big

A product for everyone is a product for no one. There is a tendency to open our wings and think we can fly to all parts of the world. No. A product must be directed at a very small niche of the market. A niche that your product solves a massive problem for. Then this niche needs to do the flying on your behalf. A targeted niche is already looking for a solution when yours comes along. A targeted niche will be so happy their problem is solved, they will tell every human being they cross paths with.
Getting a targeted niche to love you (also referred to as the early adopters) is the only way to ignite a fire quick enough to reach the mass market.
Example
I kept banging my head against the wall trying to introduce a teaching technology that I was confident could change education. I was in charge of all the sales when we set this business up, and this technology (the interactive projector) was a completely new way of teaching that would eliminate Smart Boards (which were firmly entrenched as the industry standard for classrooms worldwide). As the usual story goes, we had an uphill battle, we knew the solution was better yada yada, but no one was listening. Because when you’re speaking to everyone, no one person can hear you. *Cue the dramatic music* So I streamlined our approach to reach ONLY those teachers who had NO technology in their classroom, and weren’t able to afford a solution. They were motivated (much more so than those that already had a Smart Board). So they were highly responsive to our solution. They became evangelists. They ignited the fire and the news spread through to the masses. Today this technology is the most commonly used across the country, and Smart has stopped manufacturing their boards.

Test Early And Always Be Testing

We love the idea of creating inside our box, getting so immersed and on a tangent that we pay zero attention to how people will respond outside of that box. The moment it is put out there for everyone to see, the shock of a lifetime faces us. The motto is to test early and never stop testing. Testing saves you heartache — you can maneuver before you’re too deep in. Testing saves you time. And there is nothing that is more precious than time — my post on why you have absolutely no time in your life. Testing is the hard stuff that we avoid, but by avoiding it, we get ourselves into the harder stuff when it is too late.
Example
I spent over 2 years designing a “Coffee Cup That Will Make Coffee Taste Better”. This venture included: hiring someone to do the research (months & months), applying for patents, having a product designer on board,
3D prints being done that are siting in front of me as a I type this. And so much more. So all this while not “getting outside the building” — once I did, I realised no one wanted it — not the way I had created it. What a waste of time, energy, money and effort. But by getting outside the building and getting feedback over a couple of weeks, I now know exactly what is required. Which could have saved me 2 years. Testing continues throughout. Testing continues today. It’ll continue tomorrow. It’ll continue the day after. The only time it stops is when you’re ignoring the hard stuff to do the easy.
Suggested reading: Eric Ries — The Lean Startup

Core 3: CONTENT – How to Optimize Your Message

This is the area where people spend most of their time when working on their marketing, yet if sections 1 and 2 are down pat — this is surprisingly easy. You don’t need to spend days message-tweaking.

The are 8 key rules to follow, treat them as a checklist:

✔ Is your headline catching people’s attention?Spend as much time on your headline as your story, if you don’t capture interest from your headline, you don’t really have a message.
✔ Have you put your key message right up front?
We meander around too long. As soon as your headline catches someone’s attention they are in that chasm deciding whether to continue reading or fall off.
SMASH THEM right at that point with the key message, the key benefit, the key offering, the thing they really want and will get if they continue reading. Don’t wait until you build up to it, by the time you’ve done building up, everyone is already gone.
✔ Could you make your content shorter?
Is there something you can cut out that wouldn’t change the message? Well, cut it out. Do the hard thing.
✔ Could you make it simpler?
Marketing isn’t about winning the Shakespearean award for the best writer of the century. It is about simplicity, brevity, and 100% comprehension. If there is anything that could be interpreted in another way — change it. If there is anything that could be put in simpler English— do it.
If you can’t say it in one line, maybe it isn’t worth saying?
✔ Can you make it easier to read?
Visually. Big chunky paragraphs, and a strew of words from top to bottom is going to look like an obstacle without a drinks break for the reader.
Breaking up the load of information will make it easier to digest for the reader. There is a reason you are reading up to this point afterall.
✔ Have you shown credibility? (or social proof)
Find ways to display credibility.
If you’ve worked with Richard Branson, why haven’t you mentioned it?
If you’ve done work with a similar company than whom you’re trying to pitch, why haven’t you mentioned it?
If you’ve done neither, express how you are aiming for the stars, in a few years you’ll be the best in whatever you do and X Y Z are who you’re also reaching out to. People love the bigger vision remember? And mentioning those names they are familiar with — it is indirect credibility.
Suggested reading: Robert Cialdini — The Psychology of Influence
✔ Is what you’re offering scarce?
The more scarce your offering, the more motivated someone is to buy it — scarce things are perceived to be more valuable. Without lying, make it scarcer than it is now.

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