- The Hyper Growth Blueprint
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- š¤š Heads up... avoid this DEADLY trap!
š¤š Heads up... avoid this DEADLY trap!
The Hyper Growth Blueprint.
Read time: 4 minsā¦
Welcome back folks š«”
This weekās Hyper Growth Blueprint covers:
š„ A lesson from a croissant
š§Ø How to avoid the deadly Performance Paradox
š¤ Mega-Prompt of the Week
Letās goā¦ š
One thing to know about me is I love croissants.
My weekend ritual involves getting up early & procuring one of these fine baked goods.
I also recently moved to a slightly different areaā¦
ā¦and as a result had to locate the best croissants available there.
Fortunately this was really easyā¦
Out of the 5 coffee shops in the same half-mile radiusā¦
ā¦four were quiet and one was always really busy.
Guess why?
Four did average croissants.
One did unbelievably amazing croissants.
The best marketing you can have sometimes is just a f***inā awesome product.
So good that people tell their friends and always come back.
Iāve been reminded recently of how wild ad tracking isā¦
Being a self-proclaimed die-hard performance marketer I always focused ruthlessly on the things I could see actually driving good performance.
I still believe this to be true for 80% of your marketingā¦
ā¦however, Iām here today to encourage you to also invest in marketing that you canāt directly track the results of.
Let me explainā¦š
When weāre running ads, itās easy to think this is what happensā¦
They see our ad, maybe twice before clicking
Land on our page, read it
Click the button and convert
Boom! Simple eh?
Wellā¦ what if I told you this is brutally simplistic model that in most cases is a flat out LIE.
This is NOT what happens.
We were at Google HQ the other week and they told us in a recent study the average person sees 10,000 ads every 24 hours.
TEN THOUSAND!!!!
They also released a study where they found the 7-11-4 theory.
This is the idea a consumer needs:
7 hours of content
Across 11 different touchpoints
Across 4 different mediums
Before they are ready to purchase.
The implications of this?
Hereās what actually happens when you get new customersā¦
Thereās a complex journey of dozens of touchpoints that help each other out.
Itās just that one of your ad platforms claims the final touch - and thatās where you see the conversions tracked.
This leads to the Performance Paradox.
This is where you turn off marketing channels that look like they are not workingā¦
ā¦only to find they were playing a key supporting role in driving conversions across your other channels.
Iāve seen it before where people have turned off their Meta Ads because they looked like they were ābadā.
Only to find their Google Ads performance fall off a cliff 3 months later.
How to overcome the Performance Paradox
Spend 80% of your budget on your Performance channels.
Spend 20% of your budget on other marketing channels
Whether itās:
Facebook
Instagram
Google
YouTube
LinkedIn
Direct Mail
Radio
Spotify
X
TV
Pinterest
Snapchat
These can all create thousands of touchpoints for your business every single week which invariably will help drive new customers.
I hope you found this useful. Elliott āš¼ |
P.S. Whenever youāre ready, thereās three ways I can help:
Watch this free video I made: CEO Day in the Life: Planning an Office Move.
Check out my other free newsletter on how I optimise my health, energy, and productivity as an Entrepreneur.
Stuck with your ads? CPA too high? Book a 1-1 call and weāll diagnose the issue for you š
Mega-Prompt of the Week š¤
The YouTube Video SEO Optimiser
I've recently started posting some videos to my YouTube channel.
As a result, I went down a rabbit hole of YouTube SEO.
Use this prompt to optimise your YouTube videos titles, descriptions, tags & hashtags to improve its visibility.
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