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The ONE MARKETING QUESTION For Rapid Growth!

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The ONE MARKETING QUESTION For Rapid Growth!

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182 segments

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Here's the one marketing question that

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you need to ask before creating any ads,

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any content, or anything else marketing

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related. What does my prospect need to

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believe in order to buy? This question

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is deceptively simple, yet incredibly

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powerful because it clarifies exactly

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what your marketing must achieve to be

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effective. And as an entrepreneur who's

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been involved in marketing for over 25

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years now, this question from Simple

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Marketing for Smart People has

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completely changed the way that I think

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about marketing. So, let's explore three

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key insights for making the most of it,

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beginning with number one,

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>> [music]

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>> marketing is belief building. Our role

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as marketers is to shape the beliefs of

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potential customers so that buying from

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us is an easy choice. Now, our goal is

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not to manipulate people into buying

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something they don't need or that won't

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benefit them, but of course, to identify

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the kinds of prospective customers out

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there that will absolutely love what we

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sell, and then to educate them through

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ads, through content, or through other

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marketing methods to change their

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beliefs and help them realize and

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recognize the value of what we sell so

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that buying it is an easy choice. And

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this entire process ultimately begins by

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again answering this very simple

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question. What does my prospect need to

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believe in order to buy? As a practical

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example, consider my book Dinner Time

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Conversations, Eight Principles for

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Raising Confident, Independent, and

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Future-Proof Kids. Now, this is a guide

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for parents who want to better prepare

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their children to thrive in an

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increasingly unpredictable world. So,

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the question here is, what are the

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beliefs that someone might need to have

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in order for this book to be an easy,

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obvious purchase? Well, to start, they

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probably need to have some beliefs

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around the idea that AI and other forms

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of automation will disrupt many

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industries, that their children's future

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careers won't be as stable as their own,

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and that [music] in schools probably

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don't cover everything that their

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children need to know. And of course,

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these aren't the only relevant beliefs

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because they also have to have certain

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kinds of beliefs around how to best

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solve these kinds of challenges. For

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example, they need to believe that there

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are things parents can do to better

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prepare their kids to thrive, that kids

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need to develop curiosity, confidence,

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and problem-solving skills, and that

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parents can learn how to nurture these

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skills by reading a book. Because even

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if they have all of the other beliefs,

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if they don't believe they can solve

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this problem by reading a book, then

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they're not going to buy. So, the goal

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here is to ask the simple question and

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brainstorm all of the different beliefs

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that someone needs to have in order to

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make purchasing your product or service

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an easy choice, which takes us to

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insight number two. Your customers have

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a chain of beliefs. Nobody wakes up one

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day and suddenly has all of the beliefs

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all at once to buy your product or

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service. Instead, beliefs tend to emerge

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in a predictable sequence. So, for

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example, long before somebody signs up

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to Drumeo, an online music education

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company that I co-founded, they have to

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start to develop a natural series of

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beliefs, one kind of building on the

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next. So, for example, it might start

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with the belief that playing music will

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make their life better in some way.

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Eventually, they might also develop the

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belief that they have what it takes to

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play the drums. And at some point after

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that, they might determine that

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step-by-step video lessons are the best

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way for them to learn. So, the second

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step here is to map out a chain of

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beliefs, to take all the different

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beliefs that you brainstormed in

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response to the earlier question, and to

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map them out into a logical sequence

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where one belief builds to the next, to

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the next, to the next until someone has

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all of the beliefs that they need to

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make buying from you an easy decision.

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And typically, this is going to follow a

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traditional marketing funnel structure

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where there's an awareness stage, a

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consideration stage, and a decision

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stage. In the awareness stage, someone

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is loosely aware of a problem or an

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opportunity that they might want to take

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to the next level. In the consideration

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stage, they're thinking about whether or

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not they want to act, and if they were

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to act, what that might look like. And

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then finally, in the decision stage,

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they're actually deciding what

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particular solution or approach they

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want to take to solve the problem. So,

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you want to map out all of the different

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beliefs that you brainstormed, put them

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into these different stages, and have a

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sense of how you can lead someone from

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being completely unaware that they have

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a problem or an opportunity to where

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they're ready to make a purchase from

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you. And a really critical insight here

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is the recognition that your very best

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prospective customers are the ones that

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already have the vast majority of

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beliefs. They already have the

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underlying beliefs. If we go back to the

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Drumeo example, they already believe

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that playing music is going to make

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their life better. They already believe

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that they have what it takes to play the

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drums, but they haven't yet decided

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exactly what solution they want to use

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to learn, in this case, how to play the

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drums. And so, you want to identify

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those kinds of customers, where people

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already have the vast majority of

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beliefs, and then you can focus the

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overwhelming majority of your marketing

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budget on nurturing the final beliefs

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they need to make buying from you an

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easy decision. And that takes us to

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insight number three. Focus on shaping

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customer beliefs. Your ongoing marketing

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work, the things that you do day in and

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day out, should revolve around belief

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building. Whether you use

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advertisements, social posts, podcast

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interviews, YouTube videos, or anything

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else, the goal is the same, and that is

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to nurture the beliefs that make buying

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an easy choice, and to guide customers

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through the chain of beliefs that moves

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them closer and closer to buying from

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you. Now, depending on your business,

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depending on your industry, different

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kinds of marketing channels and

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different kinds of marketing tactics are

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going to be more effective. And one

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really important insight is that often

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times there's one or maybe two marketing

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channels that dramatically outperform

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the others when it comes to reaching

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your particular type of customer. So,

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it's very important that you test

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different marketing channels and

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determine the ones that are aligned,

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where it's much easier for for find

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people that already have the majority of

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the beliefs that they need in order to

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buy from you. Now, if you don't yet know

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the best marketing channels for your

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particular business, or maybe you have

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some marketing channels and you're not

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really confident in them, then I

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recommend that you check out this video

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next.

Interactive Summary

The video highlights a fundamental marketing strategy: identifying what a prospect needs to believe to make purchasing your product or service an easy choice. The speaker explains that marketing is essentially 'belief building' and suggests that instead of manipulating customers, you should educate them through a sequential chain of beliefs. This process involves mapping out the necessary beliefs from awareness to the final decision and focusing your efforts on nurturing these steps to guide prospects toward a purchase.

Suggested questions

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