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Saturday Marketing Matinee: David Ogilvy The View From Touffou

An interview with David Ogilvy – The view from Touffou.

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Eben Pagan on Why Marketing Gets a Bad Rap

Eben Pagan

 


Professional marketing is not about hawking a bunch of stuff people don’t need, it’s about understanding the needs of a large group of other people, and then creating a product or service that meets those needs very, very well.

Once someone learns how marketing works and the power of it, if they’re not kind of ethically developed and if they haven’t considered ethical implications in life, and so forth, they’re likely to go out and just use it to sell a lot of stuff. A lot of marketing crosses over that line. A lot of people have seen that kind of marketing, or they’ve fallen prey to it, and then they just hate all marketing. It becomes generalized.

Another reason marketing gets a bad rap, is because people don’t like people who are direct and that ask people to take action. They just don’t like the emotional pressure, so they demonize marketers. In other words, a lot of it is legitimate. A lot of it, we’ve kind of done to ourselves, as marketers. We’ve overused certain techniques.

One more thing, just to add to this topic, when I teach marketing I teach that every marketing project is, essentially, an ethical dilemma in and of itself. You can go too far with your marketing, anywhere, but after understanding the needs of a group of people, and creating a product or service that meets those needs; then learning how to communicate in a way that gets the prospective customer to pay attention, to make a decision, to take action, and to buy… it stops becoming this unethical manipulation game, and it starts becoming, almost what we might call, a hyper-conscious, hyper-ethical game.

For the full episode, check out The one with Eben Pagan.
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E157: How To Build An Empire And Do More Of The Work You Love

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Saturday Marketing Matinee:
Clotaire Rapaille on The Culture Code

Clotaire Rapaille discuss how culture affects a customers response to an offer.

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Dan Kennedy on How the Internet Changed Marketing

Dan Kennedy

The internet has done a number of good things and it has done a number of bad things, like just about every innovation prior to it. Every coin has a head and a tail, right? Everything has its plusses and minuses. With the internet, the biggest plus, probably, is it has virtually erased all barriers to entry, made testing cheap, easy, and quick, and made startup launches faster. On the flip side, the biggest minus is, it has virtually erased all barriers to entry. It has erroneously democratized the marketplace with very confused consumers and moral equivalency among very unequivalent competitors.

On the plus side, it provides, essentially, unlimited real estate without cost. This is an asset a lot of people aren’t using, because they’re buying into this “have to be brief” idea. If you and I wanted to mail a 36-page sales letter, that would cost more than an 8-page sales letter. If we want to put 36 pages of stuff up on the internet, it doesn’t cost us any more to do that than it does to put up 6 pages. So, it provides unlimited real estate, which if used wisely, is an enormous asset.

The third big plus is, that it allows instant and frequent communication. We can be timely. The Collier copywriting principle of entering the conversation that’s already occurring in the customers mind, we can do that, literally. We can do that on a day-by-day or hour-by-hour basis. Most other media doesn’t really give us a practical way to do that. In sequential marketing, 16-step or 48-step campaigns, obviously, you can put in more steps affordably, because of the way you can communicate online.

On the minus side of the internet a lot of old advantages, for most purposes, like traditional credibility or leadership positions, now are severely compromised in the online environment. The consumer really can’t differentiate between your company that’s Grand-dad founded and is 83 years old, and somebody who copycatted you. In the content world, the pimple-faced doofus who lives in his mother’s basement is now equivalent to the New York Times. Free content is equivalent to paid content. So all of that has made both the intellectual property marketer’s, and the marketer’s jobs in general, harder. It allows parasitical feed on market makers.

All of this is a muddy mess. When you leave customers or prospects online, you’re very susceptible to it. In the financial advisor community, where I’m doing a lot of work, they call it the Google slap. They generate a prospect, nurture a prospect, educate a prospect, move a prospect along…but if they’ve left him online and they’re communicating a lot with him online, right in front of this prospect is the enormous temptation and ease of tying in the word “variable annuities” and seeing what else comes up. Now, he’s in a world of comparing rates and yields, but really he can’t compare quality, and you’ve lost control of this guy.

In many businesses, that’s a real problem. It requires us to get that customer, even if we generated him online as a lead, or we took him through an online media, we’ve got to get off of there and get him back to selling in a vacuum. Lead-generate online, but then take them off or take them back online after you have developed a customer relationship with them, in order to do backend business. No big, successful, direct marketing company, even those we think of as e-commerce companies-and no client I’m working with-generate a lead, make a sale, do the delivery-in other words, do everything within the cyber walls of cyberspace.

Nothing has made me more money in my life than the existence of the internet, directly and indirectly, in terms of working with clients. But, having said that, hardly any of that money has been made solely and exclusively by use of the internet without comprehensive support of other media, marketing processes and sales processes. Internet marketing is the use of a media. Media is only one-third of the puzzle. But for marketing, whether good or bad, the internet has provided a fascination, fast, very agile collection, really… portfolio of media; social media, websites, online videos, and YouTube.

For the full episode, check out The one with Dan Kennedy.

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E156: One 10-Minute Talk Away From Transforming Your Future

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Saturday Marketing Matinee:
Arianna Huffington on Success

Watch Arianna Huffington discuss her new definition of success.

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Tony Robbins on Being a Personality Brand

Tony Robbins

 

It’s an interesting and crazy thing…being a personality brand. People want to know everything about you: what your shoe size is, what you had for breakfast. You don’t have any privacy, ever. So, that’s the not-so-thrilling things, but the value of a brand is extraordinary. Once you have a brand, you have the most valuable commodity on earth.

If you have a brand that has fame attached to it, it adds another level of energy, so to speak. There are going to be people that are threatened by a brand when there’s a personality attached to it. It’s hard to be threatened by a Coke, but with a personality someone can say, “Oh my god, he change my life!”, or they can say, “Oh, he’s a piece of crap”, without ever knowing who I am. People have impressions of who they think you are, because of what they’ve made up, based on your celebrity. They’ve never met me, never talked to me, never been to an event of mine. It just comes with the territory. The other challenge with being a celebrity brand is that people want that “physical celebrity”. So, scalability becomes a challenge.

It’s a pretty amazing thing. I wake up every morning and half-a-milion people have, for the first time, opened up one of my books, audio, or video program. I’ve had 4-million people attend my live seminars. It didn’t happen just because I thought about it and hoped people would show up. I became a brand because I innovated and marketed continuously, and I still do.

If I had my choice, as a business person, I would just build a brand. I wouldn’t build a celebrity brand, because it would give me, frankly, more freedom. But for me, I never went into this for business, I got into this to change lives. I did it when I had no agent and was near bankrupt. I do it now, when I’m financially free. It fulfils me. So, in my case, I look at my “celebrity brand” and I know it opens doors. People already have an opinion about me; whether it’s negative or positive, there’s an energy to it. It allows me to touch more lives. Without it, I wouldn’t touch as many lives and that is why I love “branding”. It’s the “branding” that allows me to touch lives around the world.

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E155: The Undercover Boss Dina Dwyer-Owens Interview with Joe Polish and Dean Jackson

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Saturday Marketing Matinee:
Robin Robins at the I Love Marketing Conference

Enjoy the great insights Robin Robins shared with us at the I love Marketing conference.