Marketing is defined as communication that gets customers - communicating in a way that gets people to pay attention, be interested, and give you money in exchange for your product or service
Eben Pagan built a multi-million dollar virtual business from a single ebook using this communication-focused definition of marketing
Great marketing is the result of deep understanding of customer needs combined with knowledge of how to use psychology
Even abstract marketing campaigns that seem complex start with specific customer needs research before building upward to more sophisticated approaches
Learn direct response marketing first because it forces you to do things that get results, then move to advanced concepts like branding and relationship marketing once you're getting results consistently
Direct response marketing requires immediate measurable outcomes, forcing entrepreneurs to learn what actually works before moving to more abstract marketing approaches
Words are the bridge between your product and your customer, and between the customer's problem or desire and their conception of the solution
In marketing communication, words ultimately become the most powerful tools you have to reach people with your marketing message
Distinguish between real tangible things (shoes, trees, belly fat, credit card bills) and abstract intangible things (results, satisfaction, decisions, beliefs, goals)
Real things include items you can touch like shoes, trees, belly fat, spoons, while abstract things include concepts like results, psychology, satisfaction, judgments, and decisions
An advertisement promising to lose 20 pounds of belly fat guaranteed is more powerful than promising to get into better shape and feel better about yourself
20 pounds of belly fat is measurable and verifiable - other people can see and touch the difference - while 'better shape' means different things to different people and cannot be verified
TeachingEmpowering▶ 10:16 If you can't measure it, validate it, or verify it, then you don't really have anything to go on - but specific, tangible things are much more believable
People have confidence in measurable promises because they know they could test and verify if they got what they wanted, versus abstract promises they cannot validate
TeachingEmpowering▶ 11:04 Talk about real tangible results your customer will enjoy rather than falling in love with your product's features
Creators become convinced their product features are magic jewels everyone covets, but customers are interested in results, not features, unless features translate into results they can get
TeachingEmpowering▶ 12:42 Use emotional trigger words that have higher emotion value than common everyday words when describing the same thing
Words like 'killer,' 'automobile,' 'died,' 'cash,' 'attorney,' 'affair' grab attention and trigger strong emotions, while 'fish,' 'car,' 'pass away,' 'currency,' 'legal professional,' 'infidelity' are everyday words that don't attract attention
TeachingEmpowering▶ 14:45 Find the overlap between the benefit or result your product delivers and words that trigger strong emotions - these words can multiply response by 2, 5, or 10 times
The money words that make big money are found at the intersection of tangible benefits you deliver and high-emotion trigger words that grab customers by the emotions