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5 Minute Mogul: Millionaire Secrets w/ Brose Royce | Similar to Tai Lopez, Grant Cardone, Tony Robbins, Tim Ferriss, Gary Vee: Top 3 Marketing Mistakes That Will Cost You Lots of Money

 
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Published on 02 Nov 2017. Top 3 Marketing Mistakes That Will Cost You Lots of Money 1 - Confusing a Tactic with a Strategy Many companies' marketing isn't working because they focus on a tactic without an overarching strategy. Marketing is complex and requires the deployment of multiple tactics in concert towards a strategic goal. A tactic that works today is unlikely to continue to work over the long run without an understanding of how that tactic fits into the marketing ecosystem to achieve a desired result. 2 - Not Being Consistent Marketing is about consistency. A consistent look and feel to your materials, the tone of your brand language and the cadence that you produce and publish content is the only way to achieve good results. If you hire a stellar agency to create lead generation assets but don't update your brand (e.g. website, logo, product materials) or overall message you are setting yourself up for failure. Your marketing establishes the initial impression your customer has of your company and you must carry that brand promise through the experience of delivering your product or service. 3 - Not Addressing Your Customer's True Motivation You have likely heard this before, but very few companies get it right: Your customer does not buy what you specifically sell. Your higher value proposition is found in understanding the very basic need your company addresses for your customer: · Do you help them sleep better at night? · Will your product or service get them a promotion or raise at work? · Do you give them more free time, make their life easier or address a fundamental problem? You are close to your business and likely need an outsider perspective to get this right. I find company owners' focus too much on "what" they do and they don't go deep enough with customers to find out "why" customers truly buy. @BroseRoyce http://broseroyce.info Sponsored by: https://www.boxingequipmentstore.com https://www.alphacreditpros.com https://www.royaltyraceway.com https://www.musicsubmitter.com https://www.top5tradelines.com Download Business Credit & Big Loans in 60 Days: Step by step guide to building your business and securing capital. Link below: https://www.amazon.com/dp/B0727LF6QW
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94 episodes

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Archived series ("Inactive feed" status)

When? This feed was archived on June 05, 2018 13:38 (6y ago). Last successful fetch was on May 01, 2018 18:26 (6y ago)

Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.

What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.

Manage episode 200951555 series 2133282
Content provided by Best Professional Development, Startup and Investing Podcasts - 3 Episodes Per week. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Best Professional Development, Startup and Investing Podcasts - 3 Episodes Per week or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Published on 02 Nov 2017. Top 3 Marketing Mistakes That Will Cost You Lots of Money 1 - Confusing a Tactic with a Strategy Many companies' marketing isn't working because they focus on a tactic without an overarching strategy. Marketing is complex and requires the deployment of multiple tactics in concert towards a strategic goal. A tactic that works today is unlikely to continue to work over the long run without an understanding of how that tactic fits into the marketing ecosystem to achieve a desired result. 2 - Not Being Consistent Marketing is about consistency. A consistent look and feel to your materials, the tone of your brand language and the cadence that you produce and publish content is the only way to achieve good results. If you hire a stellar agency to create lead generation assets but don't update your brand (e.g. website, logo, product materials) or overall message you are setting yourself up for failure. Your marketing establishes the initial impression your customer has of your company and you must carry that brand promise through the experience of delivering your product or service. 3 - Not Addressing Your Customer's True Motivation You have likely heard this before, but very few companies get it right: Your customer does not buy what you specifically sell. Your higher value proposition is found in understanding the very basic need your company addresses for your customer: · Do you help them sleep better at night? · Will your product or service get them a promotion or raise at work? · Do you give them more free time, make their life easier or address a fundamental problem? You are close to your business and likely need an outsider perspective to get this right. I find company owners' focus too much on "what" they do and they don't go deep enough with customers to find out "why" customers truly buy. @BroseRoyce http://broseroyce.info Sponsored by: https://www.boxingequipmentstore.com https://www.alphacreditpros.com https://www.royaltyraceway.com https://www.musicsubmitter.com https://www.top5tradelines.com Download Business Credit & Big Loans in 60 Days: Step by step guide to building your business and securing capital. Link below: https://www.amazon.com/dp/B0727LF6QW
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