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The Virtual CMO podcast is sponsored by the strategic marketing consulting services of The Five Echelon Group.
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If you’d like to work directly with The Five Echelon Group and receive personal coaching and support to optimize your business, enhance your marketing effectiveness and grow your revenue, visit Five Echelon.com to learn more and schedule a free consultation.
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Welcome to The Virtual CMO podcast.
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I'm your host, Eric Dickmann.
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In this podcast, we have conversations with marketing professionals who share the strategies, tactics, and mindset you can use to improve the effectiveness of your marketing activities and grow your business.
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This week, I'm excited to welcome Patrick Powers to the show.
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For over 20 years, Patrick has been teaching entrepreneurs and leaders how to create more freedom, success, and happiness through applying advanced principles and tactics of influence to their marketing ads, presentation, leadership, and social interactions.
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He's obsessed with creating irresistible messages that stand out, create trust and compel people to action, to maximize influence and profit in their sales funnels.
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As founder of the world's second biggest meetup group with over 27,000 members, he is one of the most connected business people in London.
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Please help me welcome Patrick to the show.
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Patrick welcome to The Virtual CMO podcast.
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I'm so glad you could join us today.
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I'm super excited to be here, Eric.
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Thanks for having me.
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Hey, you're welcome.
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I first wanted to start out and learn a little bit about this meetup group that you created in London.
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Talk to us a little bit about the Genesis of what that is and what it is today.
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Sure.
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So now it's second biggest business meetup group in the world.
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We're just over 27,000 members.
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And, I started at a very.
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Very curious time in my life, where I was literally afraid of my survival.
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So start a meetup group.
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I had no money and very few connections in London, but because of my copywriting skills and my networking skills, and actually also events, running skills.
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it, it took off and it started growing fairly well.
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And after three years, I've tested a little bit of, Facebook pay-per-click and, got a little bit money from one of my friends to start putting into Facebook.
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and then it just blew up.
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literally from one a month to the next, we doubled our attendance from around 65 people to the events, to about 125, literally overnight.
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And as they say, the rest is history.
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So we became the biggest in Europe.
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And, now we're the second biggest business meetup group in the world.
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is this similar to like a BNI network group where people get together and exchange expertise, or is it more of a training group where you actually you're our training people on specific skills?
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it's both actually in it, but, I would say we're very different.
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our energy of the events have very different and we try to be as much different from BNI as we can, and not anything bad about them.
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But for me, they're a little bit boring and they're very like stiff format and all that kind of stuff.
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We try to be exactly the opposite and attracting a younger crowd of entrepreneurs.
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and in fact, some of our early campaigns would say the most on boring networking event in London.
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Oh, that's good.
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because that we have an incredible energy, at the events and.
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I would say the only, complaints we've had throughout the years, I think we had three or four was always from people over 55.
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So I realize is relatively quickly that I'm not going to advertise for people over 55.
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We don't because they don't like our energy.
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The younger crowd loves her energy.
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So what we both do, networking, managed, just purely networking events.
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Would you say.
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Hang out and have fun.
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And then also talks, with top entrepreneurs.
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And sometimes we do like light workshops, but it's not any heavy trainings.
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I know you talk about the fact that we are living in an era where we are bombarded by messages.
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We've got all these channels that we're dealing with.
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We walk around with our phones attached to our bodies.
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We are just seeing messages, advertisements, promotions, nonstop.
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What's really happening inside our brains, as we are trying to filter through all of these messages.
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That's a great question.
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And it really is become brutal to stand out because what happens in our brain is that we would just become numb to almost everything we become used to seeing new things all the time that what we need to do is really be.
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More new if that makes sense, we have to do something that completely stands out from the competition.
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Because the way the brain is constructed is that we actually don't really pay attention to something that is the same as we've always seen.
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Or if something is still if you imagine our.
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primitive brain, if we're going like 10,000 years back in a field of grass and there's really nothing going on around us, we can relax.
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But if there is something moves from something moving and we have to pay attention.
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that's how a brain is constructed is that it pretty much only pays attention to things; the shifting.
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if it's familiar, we don't need to pay attention.
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We might pay attention to it, but we don't have to.
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But if something that we haven't seen before, we have two biologically, literally brain has to pay attention to it.
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And that's why, for example, If you want to create a video and, you would take one video where we just standing or sitting and explaining your stuff.
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as opposed to you put a camera in a car and say an exactly same thing.
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You get way more engaged in the car because there's more movement.
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Alright.
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so that's just one aspect that the eyes and the brain want to pay attention to something.
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when there's movement.
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The only other way is if you are just.
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Like by yourself and talking is that you have changes in scene where you shoot in and out every three, four seconds or something like that, so if you want to produce the media, for example, either you do it with a lot of movement in the video, or you do have to do a lot of changes in this scene afterwards to create that shift constantly to keep the attention.
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That's a very interesting point because I think some people wonder why when they're watching a YouTube video or something on television, why even if somebody is just sitting there talking to the camera, there are all these cuts.
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Even if they're very small, they're all these like cuts to break things up.
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But that's exactly why they're doing it.
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It's not necessarily a stylistic choice.
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It's because that's what it takes to keep the brain engaged.
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Literally.
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Yeah, absolutely.
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The same thing applies with voice, right?
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So I was so frustrated I have the best content.
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Like, why are people not buying?
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And I just couldn't get it.
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And then I got this voice coach and it was like, Oh my God, this is amazing.
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So if you have a monotone voice, same thing, people won't pay attention.
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It just becomes boring.
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So you have to vary your voice all the time.
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So that's five things, new voice you actually have to bury.
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one of those is most people would realize his pitch.
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You go up and down and you have to do, they have a song.
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but that's also Tembo and stops like that.
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constant variation.
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I think that actually segues well into the next question that I had, which was really about when businesses craft messages.
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I feel the two often the message is a fact based message.
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And it's not a story, or it's not something that appeals to emotions.
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emotions are really what drive behavior, right?
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Not facts, but too many businesses focus on the facts.
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Yeah.
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Com.
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Completely.
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There might be a few exceptions where you have something that is.
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Such a unique and new feature that you want to lead with that relatively early in the marketing, but it's the exception.
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and I would say 95% of the cases that I see.
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People are not using emotion nearly enough emotional, or I should say stories.
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The stories are very powerful as well.
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so yeah.
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people make decisions based on emotion.
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I'm not based in facts.
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That's probably one of the keys to Instagram success is that when you've got that visual image, that evokes an emotion.
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and I think that's why the stories feature in Facebook and Instagram and Snapchat and all those others have been so successful as well is because it allows you to package up a little bit more of a story.
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Obviously the name and that drives more emotion.
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That drives more engagement.
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And I think we're going to see more of that.
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And that's one of the reasons why maybe there's more engagement on a platform like that.
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Then let's say a Twitter.
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That's mostly text-based.
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no doubt.
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And you have to master video marketing.
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You literally, if you don't get on board with video marketing and I don't have a video marketing agency, I'm not here to pace.
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I've been saying this for years and years.
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But I sit in way before I even started moving into that space myself.
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so if you don't get involved in video marketing, you're going to be toasted and four or five, six years, literally you will be toast.
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I completely agree with that point.
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And I want to drill down into one of the things that you talk about, which is around business messaging.
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And you talk about three must have things that you need to have for your messaging.
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And the first that you talk about is having that big idea, drill into that a little bit more and talk about the big idea.
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Okay.
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So the big marketing idea is something that will make you completely stand out.
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It could be your USP, but it doesn't necessarily have to be because it's more about your.
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The uniqueness of your marketing campaign.
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So for example, my new book, the New Marketing Manifesto.
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The big marketing idea for the new marketing manifesto is that.
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There is, that the way that we make decisions is completely irrational.
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Okay.
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and therefore, unless you know how the brain.
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Makes irrational decisions.
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You're not going to be able to market effectively to the brain.
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Okay.
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So I could have said, I could have said, Oh, just the secret to marketing success or whatever, how to attract more customers and blah, blah, blah.
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But that would just be the sameness, something completely sane.
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So you have a big idea.
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And then the idea is that once you get this idea, you have to create some sort of a, an irresistible message around that idea.
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Correct?
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Yeah.
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so basically it's Like in this example you might know a lot about marketing, Perfect.
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Get all about that because now there's a new thing and it is that you have to understand irrational marketing.
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You have to understand the rational brain that becomes the new, big idea for that creates a foundation for why you need this marketing book and not other marketing books.
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No, I think over the last couple of years, especially we have a Russell Brunson to thank for this is that people are talking about funnels.
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Nonstop talking about funnels and creating a funnel to drive sales on your website.
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And this has obviously been big for a lot of soloproneurs who are creating courses who are doing specific work, but it's true for businesses do as well.
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they need to create a logical funnel for people to progress through in order to make their sale.
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What's your thought about how to create a funnel that actually converts.
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first of all, there's so much money left on the table from people that don't have a funnel and don't think about.
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Extending their funnels.
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It's like just one example.
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It's like when you send out, if you send out a physical product, I can't tell you how many times I get something nice.
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Especially these days.
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Where do you shop more online?
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I get a product in.
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Okay.
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There's the product.
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And then there is nothing else.
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I'm like.
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They are completely missing an enormous opportunity to sell more.
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How about having something in there that says, Hey, 10% off our next.
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Your next order, if you subscribe to our newsletter.
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So if a funnel is basically just a series, instead of just trying to sell to them once is trying to construct a chain of products that fit together logically.
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Okay.
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And also, and this is the biggest error people make in general, in business, I believe, especially in creating funnels, is that.
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most companies just don't have a funnel.
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They just have type of web site and said, this is what we do.
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Okay.
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But nobody will buy from you, any significant amount of purchase if they don't know you.
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That's why most businesses.
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And I see so many times I asked him, where do you get your clients from?
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it's mostly from referrals.
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and I look at their website.
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It's like no wonder, because.
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Nobody will go to website from somebody that he don't know that don't trust and buy something from them.
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again, unless they were referred by someone.
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So what do you need to do is you need to prove your worth first, not trying to sell something, or at least not try to sell something off of a high value, but give something away for free or, a very cheap trial, like.
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one,$1 trial or something like that.
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Because we have built in resistance, extends to buy and everything were skeptical, right?
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So we want our suppliers to prove to us that there were the, before we make a serious bind decision, that's why you should start with something free or very small, and then gradually build it up as the trust builds in that relationship.
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it's so funny that people completely understand the logic behind that in the store.
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Social world.
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You wouldn't go into a, a bar and walk up to someone and say, Hey, you look like a really nice girl.
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Do you want to marry me?
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That's just, it's insane.
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People understand that in the social world.
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We have to, have a chat first, get to see if we like each other, pay it, then, we offer a free drink and then we go out and have a dinner together.
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And then.
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Goes further and further.
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it's gradual process yet in business.
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Most businesses things.
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Seemed to think they can make that big sale.
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They can ask.
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They can ask, for the marriage right away.
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But it just doesn't work.
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So it's really understanding the life cycle of the sale, understanding what stage that prospect or customer is in and being able to deliver the right message at the right stage of that sale cycle.
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Correct.
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Totally.
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Totally.
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Absolutely.
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Hey, it's Eric here and we'll be right back to the podcast.
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But first, are you ready to grow, scale, and take your marketing to the next level?
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If so, The Five Echelon Group's Virtual CMO onsulting service may be a great fit for you.
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We can help build a strategic marketing plan for your business and manage its execution, step-by-step.
00:14:31.035 --> 00:14:33.586
We'll focus on areas like how to attract more leads.
00:14:33.855 --> 00:14:37.995
How to create compelling messaging that resonates with your ideal customers.
00:14:38.355 --> 00:14:41.926
How to strategically package and position your products and services.
00:14:42.255 --> 00:14:46.666
How to increase lead conversion, improve your margins, and scale your business.
00:14:46.995 --> 00:14:54.765
To find out more about our consulting offerings and schedule a consultation, go to fiveechelon.com and click on Services.
00:14:55.216 --> 00:14:56.475
Now back to the podcast.
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where are businesses failing here in terms of their messaging?
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When you sit in front of the television or you get on social media and you start to see some of the messages that are going out there.
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What comes across to you over and over again, as ways that businesses are failing with their messaging.
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first of all, don't lead with something that is, That is safe enough for people to try out, write something for free.
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Okay.
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Let's give away something for free.
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they basically asked for too much, it's too unsafe for somebody to make that choice.
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That's the first thing, but the worst errors are being too bland, not being bold enough.
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We've got to be bold.
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We gotta be different.
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You got to come up with something that is just more, in some ways more creative stands out.
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and it could be the smallest things.
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It doesn't have to be huge things.
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I'll ask you to give you one example.
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the headline put more romance into your life.
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Was improved and improved by 300% increase response rate by putting, or they just, by changing one letter in that headline.
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and it's putting an S at the end to put.
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So it becomes, puts more romance into your life.
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so sometimes it can be very small changes that yields enormously big results.
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But typically people are just too bland and they almost try to copy.
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What they see competitors are doing.
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and I understand the logic is if we see competitors being successful, I said, if they're successful with this, let's do the same thing and we'll be the same.
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But that's just not how things typically work, because if you competitors out there with a message, That they're doing well with.
00:16:34.803 --> 00:16:37.384
Then why would people buy from you?
00:16:37.864 --> 00:16:39.094
If you have the same message.