The ONE MARKETING QUESTION For Rapid Growth!
182 segments
Here's the one marketing question that
you need to ask before creating any ads,
any content, or anything else marketing
related. What does my prospect need to
believe in order to buy? This question
is deceptively simple, yet incredibly
powerful because it clarifies exactly
what your marketing must achieve to be
effective. And as an entrepreneur who's
been involved in marketing for over 25
years now, this question from Simple
Marketing for Smart People has
completely changed the way that I think
about marketing. So, let's explore three
key insights for making the most of it,
beginning with number one,
>> [music]
>> marketing is belief building. Our role
as marketers is to shape the beliefs of
potential customers so that buying from
us is an easy choice. Now, our goal is
not to manipulate people into buying
something they don't need or that won't
benefit them, but of course, to identify
the kinds of prospective customers out
there that will absolutely love what we
sell, and then to educate them through
ads, through content, or through other
marketing methods to change their
beliefs and help them realize and
recognize the value of what we sell so
that buying it is an easy choice. And
this entire process ultimately begins by
again answering this very simple
question. What does my prospect need to
believe in order to buy? As a practical
example, consider my book Dinner Time
Conversations, Eight Principles for
Raising Confident, Independent, and
Future-Proof Kids. Now, this is a guide
for parents who want to better prepare
their children to thrive in an
increasingly unpredictable world. So,
the question here is, what are the
beliefs that someone might need to have
in order for this book to be an easy,
obvious purchase? Well, to start, they
probably need to have some beliefs
around the idea that AI and other forms
of automation will disrupt many
industries, that their children's future
careers won't be as stable as their own,
and that [music] in schools probably
don't cover everything that their
children need to know. And of course,
these aren't the only relevant beliefs
because they also have to have certain
kinds of beliefs around how to best
solve these kinds of challenges. For
example, they need to believe that there
are things parents can do to better
prepare their kids to thrive, that kids
need to develop curiosity, confidence,
and problem-solving skills, and that
parents can learn how to nurture these
skills by reading a book. Because even
if they have all of the other beliefs,
if they don't believe they can solve
this problem by reading a book, then
they're not going to buy. So, the goal
here is to ask the simple question and
brainstorm all of the different beliefs
that someone needs to have in order to
make purchasing your product or service
an easy choice, which takes us to
insight number two. Your customers have
a chain of beliefs. Nobody wakes up one
day and suddenly has all of the beliefs
all at once to buy your product or
service. Instead, beliefs tend to emerge
in a predictable sequence. So, for
example, long before somebody signs up
to Drumeo, an online music education
company that I co-founded, they have to
start to develop a natural series of
beliefs, one kind of building on the
next. So, for example, it might start
with the belief that playing music will
make their life better in some way.
Eventually, they might also develop the
belief that they have what it takes to
play the drums. And at some point after
that, they might determine that
step-by-step video lessons are the best
way for them to learn. So, the second
step here is to map out a chain of
beliefs, to take all the different
beliefs that you brainstormed in
response to the earlier question, and to
map them out into a logical sequence
where one belief builds to the next, to
the next, to the next until someone has
all of the beliefs that they need to
make buying from you an easy decision.
And typically, this is going to follow a
traditional marketing funnel structure
where there's an awareness stage, a
consideration stage, and a decision
stage. In the awareness stage, someone
is loosely aware of a problem or an
opportunity that they might want to take
to the next level. In the consideration
stage, they're thinking about whether or
not they want to act, and if they were
to act, what that might look like. And
then finally, in the decision stage,
they're actually deciding what
particular solution or approach they
want to take to solve the problem. So,
you want to map out all of the different
beliefs that you brainstormed, put them
into these different stages, and have a
sense of how you can lead someone from
being completely unaware that they have
a problem or an opportunity to where
they're ready to make a purchase from
you. And a really critical insight here
is the recognition that your very best
prospective customers are the ones that
already have the vast majority of
beliefs. They already have the
underlying beliefs. If we go back to the
Drumeo example, they already believe
that playing music is going to make
their life better. They already believe
that they have what it takes to play the
drums, but they haven't yet decided
exactly what solution they want to use
to learn, in this case, how to play the
drums. And so, you want to identify
those kinds of customers, where people
already have the vast majority of
beliefs, and then you can focus the
overwhelming majority of your marketing
budget on nurturing the final beliefs
they need to make buying from you an
easy decision. And that takes us to
insight number three. Focus on shaping
customer beliefs. Your ongoing marketing
work, the things that you do day in and
day out, should revolve around belief
building. Whether you use
advertisements, social posts, podcast
interviews, YouTube videos, or anything
else, the goal is the same, and that is
to nurture the beliefs that make buying
an easy choice, and to guide customers
through the chain of beliefs that moves
them closer and closer to buying from
you. Now, depending on your business,
depending on your industry, different
kinds of marketing channels and
different kinds of marketing tactics are
going to be more effective. And one
really important insight is that often
times there's one or maybe two marketing
channels that dramatically outperform
the others when it comes to reaching
your particular type of customer. So,
it's very important that you test
different marketing channels and
determine the ones that are aligned,
where it's much easier for for find
people that already have the majority of
the beliefs that they need in order to
buy from you. Now, if you don't yet know
the best marketing channels for your
particular business, or maybe you have
some marketing channels and you're not
really confident in them, then I
recommend that you check out this video
next.
Ask follow-up questions or revisit key timestamps.
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.
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