Latest / We can build our mental health naturally / First class competency as a marketer
Transcript
- 0:00Speaker 1: You see, first of all, in the context of business,
- 0:01Speaker 1: marketing is the single most element of business success because
- 0:04Speaker 1: nothing happens without marketing. Because marketing is responsible for generating
- 0:08Speaker 1: leads and customers and sales and all the stuff that's
- 0:10Speaker 1: actually going to fuel the business. And without customers and sales,
- 0:13Speaker 1: you don't have a business. You just have a really
- 0:15Speaker 1: expensive hobby. But marketing is so much deeper than that.
- 0:17Speaker 1: And even if we take it outside of the business
- 0:19Speaker 1: world and into your personal life, well, anytime that you're
- 0:22Speaker 1: trying to convince someone else of your preference or your
- 0:25Speaker 1: view or something that you want them to do, whether
- 0:28Speaker 1: it's eating at a certain restaurant or watching a certain
- 0:30Speaker 1: movie or whatever the case, everything is marketing. This is
- 0:33Speaker 1: because marketing is really about communicating value or communicating the
- 0:37Speaker 1: preference of one thing over another and helping the other
- 0:41Speaker 1: person to really see how it's in their best interest
- 0:43Speaker 1: to sort of adopt your viewpoint and allow them to
- 0:46Speaker 1: see all the benefits that are going to come from
- 0:48Speaker 1: doing business with you or from engaging with you or
- 0:50Speaker 1: from seeing this movie over that one or eating at
- 0:52Speaker 1: this restaurant over that one. anything like that. Marketing is
- 0:55Speaker 1: all about the art and science of influence and persuasion,
- 0:58Speaker 1: and those are two incredibly important skills if you want
- 1:00Speaker 1: to succeed in business and in life. So knowing all that,
- 1:03Speaker 1: how can you become the absolute best marketer possible? Well,
- 1:07Speaker 1: that's what this episode is about. So with all that said,
- 1:09Speaker 1: let's dive in to tip number one. The very first
- 1:11Speaker 1: thing that you need to do in order to become
- 1:13Speaker 1: the most valuable marketer possible is to adopt a marketing mindset. Now,
- 1:17Speaker 1: this is going to mean different things to different people,
- 1:19Speaker 1: but from somebody who's been doing this for a I
- 1:24Speaker 1: want to share with you my view on what kind
- 1:26Speaker 1: of marketing mindset I want you to develop and allow
- 1:28Speaker 1: you to sort of see just how powerful this is
- 1:30Speaker 1: going to be and how it'll not only serve you
- 1:32Speaker 1: in the short term, but also for many, many years
- 1:34Speaker 1: to come. The very first thing that I want you
- 1:36Speaker 1: to try to adopt when it comes to sort of
- 1:38Speaker 1: developing that marketer's mindset is the mindset of always delivering
- 1:41Speaker 1: value first. You see, there's a reason that marketing gets
- 1:44Speaker 1: kind of a bad reputation and that it can be
- 1:46Speaker 1: kind of slimy or salesy or sleazy or we've all
- 1:49Speaker 1: seen those late night infomercials and those bad ads that
- 1:52Speaker 1: are promoting garbagey products that nobody wants and probably nobody
- 1:55Speaker 1: should really buy anyway. Yeah, I mean, of course, that
- 1:57Speaker 1: is marketing, but that's not the kind of marketing that
- 2:00Speaker 1: I do and that you necessarily want to do. You see,
- 2:03Speaker 1: there is an ethical and authentic and still incredibly profitable
- 2:06Speaker 1: way to do marketing and that's by ensuring that all
- 2:08Speaker 1: of your marketing really aims to provide value first and
- 2:11Speaker 1: it'll makes you sort of to take a bit of
- 2:13Speaker 1: a mindset shift in really switching to a more empathetic
- 2:17Speaker 1: and understanding and customer first kind of priority rather than
- 2:21Speaker 1: business first priority. Stephen Covey put this perfectly in his
- 2:24Speaker 1: Seven Habits of Highly Effective People when he said, seek
- 2:26Speaker 1: first to understand and then be understood. This is perfect
- 2:29Speaker 1: when it comes to marketing. And I know he wasn't
- 2:31Speaker 1: talking about marketing, but it's still an incredibly powerful sort
- 2:34Speaker 1: of resource to draw on in that when you're doing
- 2:36Speaker 1: your marketing, you really want to try and get into
- 2:38Speaker 1: your customers or into your clients or into your prospect's shoes.
- 2:41Speaker 1: Really understand where they're coming from, what they're going through,
- 2:43Speaker 1: and sort of what you can use to sort of
- 2:46Speaker 1: craft a message that's going to enable you to solve
- 2:48Speaker 1: their problems with your product or service or whatever it
- 2:51Speaker 1: is that you're offering. Another way that I like to
- 2:53Speaker 1: look at this is that the marketing that you create
- 2:55Speaker 1: should be valuable in and of itself, meaning that anytime
- 2:58Speaker 1: you create any kind of marketing material, whether it's a
- 3:01Speaker 1: video or a Facebook ad or an Instagram post or whatever,
- 3:05Speaker 1: The goal of your marketing should be to provide a
- 3:07Speaker 1: tremendous amount of value, even if somebody has no intention
- 3:10Speaker 1: of ever doing business with you or never even buys
- 3:13Speaker 1: your product. There's probably no better example of this than
- 3:16Speaker 1: this video that I'm creating for you right here and
- 3:18Speaker 1: right now. I know for most people, working with me
- 3:21Speaker 1: is simply not an option or it doesn't fit the
- 3:23Speaker 1: budget or it's not even desirable. And yet that doesn't
- 3:26Speaker 1: mean that my goal still shouldn't be to provide you
- 3:29Speaker 1: with absolutely as much value as I possibly can. This
- 3:32Speaker 1: is because in the world of marketing, there really is
- 3:34Speaker 1: the laws of cause and effect. And over time, those
- 3:37Speaker 1: who provide the most value always win. Not necessarily in
- 3:40Speaker 1: the short term, but if you can sort of stretch
- 3:42Speaker 1: your horizons and allow yourself to think long-term about building
- 3:45Speaker 1: that bigger brand and building that bigger business, really, it
- 3:48Speaker 1: just can't fail. Another example of this is Jay Abraham's
- 3:51Speaker 1: strategy of preeminence, which is something I adopted years ago,
- 3:54Speaker 1: and I'm so thankful I did, because it is such
- 3:56Speaker 1: an amazingly powerful concept. And what Jay Abraham's strategy of
- 3:59Speaker 1: preeminence is, is all about having the desire and the
- 4:03Speaker 1: ability and really pushing yourself to become your client's or
- 4:06Speaker 1: your customer's most trusted advisor. Now, in the legal world
- 4:09Speaker 1: and in the financial world, this is known as a fiduciary.
- 4:12Speaker 1: And it's someone who actually has a legal responsibility to
- 4:15Speaker 1: act on the best interest of the client or prospect. Obviously,
- 4:18Speaker 1: this doesn't exist in the world of marketing or business.
- 4:20Speaker 1: There's a lot of businesses that are acting in anything
- 4:23Speaker 1: but the best interest of the client or customer. So
- 4:25Speaker 1: if you can be that rare one, that sort of
- 4:28Speaker 1: differentiated marketer or better business person that actually makes decisions
- 4:32Speaker 1: and suggests strategies and provides products and services that truly
- 4:35Speaker 1: are in the best interest of your customer or of
- 4:38Speaker 1: your client, you really rise to the top and you
- 4:40Speaker 1: do it very quickly. This one strategy alone has been
- 4:43Speaker 1: one of the biggest keys to my success and it's
- 4:45Speaker 1: something I adopted very early especially when I was just
- 4:47Speaker 1: getting going. And this was really something that was tough
- 4:50Speaker 1: to kind of swallow because I really needed clients. I
- 4:53Speaker 1: really needed customers. But by forcing myself to only act
- 4:56Speaker 1: in their best interest and to really treat their business
- 4:59Speaker 1: like I would want somebody to treat my business, well,
- 5:01Speaker 1: obviously the results spoke for themselves and I was able
- 5:03Speaker 1: to grow a number of very successful businesses. But I
- 5:05Speaker 1: appreciate if you're just getting going, this isn't easy. It
- 5:08Speaker 1: is a muscle that you do have to develop, but
- 5:10Speaker 1: it's definitely one that is worth building. All right, the
- 5:12Speaker 1: next concept when it comes to developing that marketing mindset,
- 5:15Speaker 1: and kind of touched on this already, but it's to
- 5:17Speaker 1: really think long-term. Now, obviously, there's a couple different camps
- 5:22Speaker 1: in the marketing world. There's the direct response marketing camp,
- 5:25Speaker 1: which is all about creating the ad, getting an immediate response,
- 5:28Speaker 1: measuring that, and doing more of it. And then there's
- 5:30Speaker 1: kind of the more brand awareness and branding camp, which
- 5:33Speaker 1: is all about getting that brand awareness, getting that name recognition,
- 5:36Speaker 1: building up the brand over the long-term. Neither of these
- 5:38Speaker 1: are necessarily better than the other. And in fact, I
- 5:41Speaker 1: fell pretty hard into the direct response marketing camp for
- 5:43Speaker 1: years before slowly shifting over and starting to see the
- 5:45Speaker 1: light about just how valuable branding really was. So I'm
- 5:49Speaker 1: sort of somewhere in the middle, which I appreciate is
- 5:51Speaker 1: kind of hedging my bets, but hear me out here.
- 5:53Speaker 1: You see, if you're just getting going, then you're going
- 5:55Speaker 1: to need to do some direct response marketing. You're going
- 5:57Speaker 1: to need to put some stuff out there, get some
- 5:59Speaker 1: feedback and make some sales. Otherwise, again, you don't have
- 6:01Speaker 1: a business, but if that's your sole goal, if all
- 6:04Speaker 1: you're doing is just running and pumping more and more
- 6:06Speaker 1: ads into the system, Well, eventually there's going to come
- 6:08Speaker 1: a point where those ads are going to provide diminishing returns,
- 6:11Speaker 1: or you're going to realize that you could have probably
- 6:13Speaker 1: gotten better results by building up a brand in conjunction
- 6:16Speaker 1: with the direct response marketing so that people are going
- 6:18Speaker 1: to be seeing your stuff over and over anyways. They
- 6:20Speaker 1: might as well start to associate your name or your
- 6:22Speaker 1: business with whatever industry that you're in. So it's going
- 6:25Speaker 1: to provide even better results from your direct marketing. The
- 6:27Speaker 1: key here, however, is this is a long-term approach. You
- 6:29Speaker 1: can't just expect to spend a few bucks on, say,
- 6:31Speaker 1: Facebook ads, get some results, and build a giant business overnight.
- 6:34Speaker 1: It just doesn't work that way. Despite what everybody is
- 6:36Speaker 1: telling you online, there is no get-rich-quick scheme here. There
- 6:40Speaker 1: is no thing that allows you to just put in
- 6:41Speaker 1: a few bucks and get thousands out with doing no work.
- 6:44Speaker 1: You've got to invest some time, some energy, and some
- 6:46Speaker 1: money into building a proper business and building a proper brand,
- 6:49Speaker 1: but this is a very, very good thing because most
- 6:51Speaker 1: people aren't going to do that, which gives you a
- 6:53Speaker 1: massive leg up on the competition. Okay, a few more
- 6:55Speaker 1: points on mindset before we move on to the next one.
- 6:58Speaker 1: But this is so important, so I really want to
- 6:59Speaker 1: make sure that I hammer this home. Because if you
- 7:01Speaker 1: get this right, and if you change the way that
- 7:03Speaker 1: you think about marketing, everything else is going to become
- 7:05Speaker 1: that much easier and that much more effective. So a
- 7:07Speaker 1: couple more, starting with really having a what's in it
- 7:10Speaker 1: for them, or W-I-I-F-M. W-I-I-F-M. WIFM. WIFM? Whatever. The point
- 7:19Speaker 1: here is you really want to, again, be empathetic of
- 7:21Speaker 1: where your customer or where your prospect is and really
- 7:23Speaker 1: try to out-care your competition by essentially really being, again,
- 7:27Speaker 1: putting yourself in their shoes, figuring out their pains and
- 7:29Speaker 1: their problems and their frustrations and how you can care
- 7:31Speaker 1: more by delivering more, by making better marketing, better products
- 7:34Speaker 1: and better service really just trying to be better. But
- 7:37Speaker 1: better isn't enough, which is kind of another point that
- 7:39Speaker 1: I need you to understand here, in that you need
- 7:41Speaker 1: to be different. In fact, there's a great quote by
- 7:43Speaker 1: Sally Hogshead that says, different is better than better. And
- 7:45Speaker 1: in today's hyper-competitive marketplace, this rings pretty true. You see,
- 7:49Speaker 1: you need to give your customers or your clients a
- 7:51Speaker 1: reason to choose you over somebody else, which means that
- 7:54Speaker 1: you need to be different. Just doing the same thing,
- 7:56Speaker 1: saying the same words, having the same marketing isn't enough
- 7:59Speaker 1: to stand out today. And things like we provide better
- 8:02Speaker 1: service or faster delivery or better quality, News break, these
- 8:06Speaker 1: are not differentiators. In fact, everybody is saying this, especially
- 8:09Speaker 1: your competitors. So you need to find some other area
- 8:11Speaker 1: of differentiation that allows you to stand out and that
- 8:14Speaker 1: actually matters to your customers. All right, now that I
- 8:16Speaker 1: think we've got that one pretty much cleared up, let's
- 8:18Speaker 1: move on to tip number two, which is to focus
- 8:20Speaker 1: on strategy. If you've been following me for any length
- 8:23Speaker 1: of time, then you know that I am a massive
- 8:24Speaker 1: proponent of marketing strategy. I mean, tactics come and go,
- 8:27Speaker 1: new software comes on the scene, new tools, new hacks
- 8:30Speaker 1: and tricks, they fade out. At the end of the day,
- 8:33Speaker 1: it's having a really solid strategy that really allows you
- 8:35Speaker 1: to succeed in this business. That's because marketing is all
- 8:38Speaker 1: about delivering results. It's not about creating pretty pictures or
- 8:42Speaker 1: flashy pull cards or Hollywood style videos. It's really just
- 8:45Speaker 1: about delivering the best results possible for the lowest amount
- 8:48Speaker 1: of cost. Again, as I touched on at the beginning,
- 8:50Speaker 1: marketing's job is to help you generate more leads, more customers,
- 8:53Speaker 1: and more sales. And it should be judged in direct
- 8:56Speaker 1: line to how well it does this. So basically good
- 8:59Speaker 1: marketing should generate more leads, customers, and sales. Bad marketing,
- 9:02Speaker 1: ain't going to generate a lot of leads, customers, and sales.
- 9:04Speaker 1: It sounds obvious, but it's true. Of course, you may
- 9:07Speaker 1: have sub-goals that lead to the leads, customers, and sales,
- 9:10Speaker 1: like building that brand awareness or increasing your audience or
- 9:13Speaker 1: whatever it is, but it should always be done strategically.
- 9:16Speaker 1: This is because building an audience for the sake of
- 9:18Speaker 1: just building an audience or getting more likes on your
- 9:20Speaker 1: posts or sort of getting more comments or more shares,
- 9:23Speaker 1: these are vanity metrics, and they might make you feel good,
- 9:26Speaker 1: but they're not actually going to drive business results. So
- 9:28Speaker 1: why are you doing them? Again, if you're doing them
- 9:30Speaker 1: just because you want to, I guess that's strategic. Doesn't
- 9:33Speaker 1: really make a lot of business sense, but I'm not
- 9:34Speaker 1: here to judge. On the other hand, if you're trying
- 9:36Speaker 1: to generate likes to drive business revenue, well, those two
- 9:39Speaker 1: aren't related. And then I do have to judge a
- 9:41Speaker 1: little because it's just not a strategic move. Certainly not
- 9:44Speaker 1: a good strategic move. This is why in order to
- 9:46Speaker 1: become the best marketer possible, you need to be strategic
- 9:49Speaker 1: and you need to perform accountable marketing, which means that
- 9:52Speaker 1: you're accountable to the decisions that you make and then
- 9:55Speaker 1: the results that those decisions deliver. So focus on strategy first,
- 10:00Speaker 1: tactics later. And never get married to your idea or
- 10:04Speaker 1: to even the strategy behind it, because you can be wrong.
- 10:06Speaker 1: And at the end of the day, especially when it
- 10:08Speaker 1: comes to marketing, I try to remove my ego as
- 10:10Speaker 1: much as possible from the picture. Again, I don't really
- 10:12Speaker 1: care who comes up with the idea or what it
- 10:15Speaker 1: looks like or what people even say about it, all
- 10:18Speaker 1: I care about are the results that it delivers. So
- 10:20Speaker 1: do your best to not only be strategic, but to
- 10:22Speaker 1: switch your viewpoint from not only the inputs and all
- 10:24Speaker 1: the stuff that's going into the campaign, like the pictures
- 10:27Speaker 1: and the words and the videos and whatever, but the
- 10:29Speaker 1: outputs that they're delivering and really Are they generating those leads, customers,
- 10:32Speaker 1: and those sales, or are they not? Because if they're
- 10:34Speaker 1: not working, you need to change the strategy on the
- 10:37Speaker 1: front end to make sure that you're getting the best
- 10:39Speaker 1: results on the back end. Also, by switching your viewpoint
- 10:42Speaker 1: and by really focusing on that strategy first, you really
- 10:44Speaker 1: set yourself apart from the pack and differentiate yourself as
- 10:47Speaker 1: a true and professional expert marketer. This is because coming
- 10:51Speaker 1: up with the who, the what, the why, the when,
- 10:53Speaker 1: the where... Basically, all of the strategy that goes into
- 10:56Speaker 1: the marketing campaign, that's the hard part. The how and
- 10:59Speaker 1: the actual mechanics of it, like running a Facebook ad
- 11:01Speaker 1: or uploading a video or anything like that, those are
- 11:04Speaker 1: the easier parts once the strategy's been defined. So if
- 11:07Speaker 1: you really want to become an expert marketer, really spend
- 11:10Speaker 1: a lot of time diving into all of the strategy
- 11:12Speaker 1: behind it and the who, what, where, when, and why,
- 11:14Speaker 1: and basically everything we're going to talk about in just
- 11:16Speaker 1: a minute, which really leads me to my next point,
- 11:19Speaker 1: you need to study. Even after nearly a decade of
- 11:21Speaker 1: doing this, I still read and study and listen and
- 11:25Speaker 1: basically consume marketing information pretty much every single day and
- 11:29Speaker 1: a whole lot of it too. The thing with study
- 11:31Speaker 1: or with accumulating knowledge or sort of building up some
- 11:34Speaker 1: expertise is that you really do need to appreciate that
- 11:36Speaker 1: it doesn't happen overnight. And it's going to take kind
- 11:38Speaker 1: of a slow and steady drip of continually exposing yourself
- 11:41Speaker 1: to new information and new ideas. also old information and
- 11:44Speaker 1: old ideas. And again, this kind of reverts back to
- 11:47Speaker 1: the strategy, really figuring out the who, the what, the where,
- 11:49Speaker 1: the when, the why, all the strategic stuff that comes
- 11:52Speaker 1: around really identifying your ideal target market, figuring out their
- 11:55Speaker 1: pains and their problems and their frustrations and how to
- 11:58Speaker 1: craft the perfect offer to put in front of them.
- 12:00Speaker 1: Then identifying which platforms are going to be best to
- 12:02Speaker 1: put your message on and everything that goes into creating
- 12:05Speaker 1: a really solid marketing campaign.