pov: you spend $200 million on facebook ads to learn this
Summary
TLDRThis video script reveals five 'cheat codes' for maximizing ad ROI, learned from spending over $200 million on ads. The speaker emphasizes the importance of an irresistible offer, understanding consumer psychology over algorithms, selling the click rather than the product in ads, making ads look like native content, and identifying the 'bullseye' of the market to trigger irrational buying behavior. The speaker's experience in marketing and creating successful ads is highlighted, promising to share the skill of converting attention into profit.
Takeaways
- 🚀 Invest in an 'Irresistible Godfather Offer': The speaker emphasizes the importance of having a compelling offer that solves a pressing problem and incites an immediate response from the audience.
- 🧠 Focus on Psychology, Not Technology: Instead of obsessing over algorithms, concentrate on understanding the viewer's problems and providing specific solutions to them.
- 🔗 Sell the Click, Not the Product: The primary goal of an ad is to drive clicks, not to sell the product directly. The ad should be designed to capture attention and lead to a landing page where the sale can be made.
- 🎯 Create Hyper Dopamine Ads: Use a formula that combines intrigue with a specific benefit to create ads that stand out and entice clicks.
- 👀 Make Ads Look Like Content: To increase ad consumption, design ads that blend in with the content that the audience is already interested in, rather than making them stand out as traditional ads.
- 🤔 Understand Your Audience's Pain Points: Successful marketing requires a deep understanding of the audience's problems and being able to articulate a solution in a way that resonates with them.
- 🎯 Target the Market's Bullseye: Identify the core desire or need within your market that, when addressed, will trigger an emotional and rapid buying decision.
- 📈 Conversion is Key: The speaker clarifies that traffic is not the issue; it's the ability to convert that traffic into sales that matters.
- 📊 Obsess Over People, Not Metrics: Personalize the marketing approach based on the audience's needs and desires rather than just focusing on ad performance metrics.
- 📝 Tell a Compelling Story: Use storytelling in ads to create a connection with the audience and demonstrate the value of the offer.
- 🛠️ Test and Iterate: The speaker implies the importance of testing different approaches and continuously refining the marketing strategy based on results.
Q & A
What are the five cheat codes mentioned for doubling the ROI from any advertisement?
-The script does not explicitly list the five cheat codes but implies they involve creating an irresistible offer, understanding the target audience's psychology, selling the click, making ads look like native content, and finding the bullseye of the market.
What is the speaker's background in online marketing?
-The speaker has been marketing online for 17 years and has generated billions online. They have also been featured on Shark Tank Australia and create ads that are seen daily.
Why do many people think they have a traffic problem according to the speaker?
-Many people believe they have a traffic problem because they think more visibility will lead to more sales. However, the speaker argues that they actually have a conversion problem, not being able to effectively sell to the traffic they do receive.
What is the 'Godfather offer' in the context of the script?
-The 'Godfather offer' refers to an irresistible offer that when shown to people, they instinctively reach for their wallet because it provides a specific solution to a pressing problem they have.
Why should one not obsess over algorithms according to the speaker?
-The speaker advises not to obsess over algorithms because they change frequently, whereas people and their problems do not. It's more important to focus on understanding and addressing the viewer's problems.
What is the main goal of an advertisement according to the speaker?
-The main goal of an advertisement is to sell the click, meaning to get the viewer to click on the ad and then direct them to a page where the desired action can be taken.
What is the formula for creating a 'hyper dopamine ad'?
-The formula for creating a 'hyper dopamine ad' is to combine burning intrigue with a big specific benefit, which attracts the audience by addressing their desires and needs.
Why should ads be made to look like native content on platforms like Facebook?
-Ads should look like native content because users on platforms like Facebook are there for social interaction and content consumption, not to see ads. Making ads look like content increases the likelihood of them being consumed.
What are the two lenses through which the speaker suggests looking at advertising on platforms like Facebook?
-The two lenses are 'pattern interrupt' which uses weird and unusual elements to grab attention, and 'pattern match' which uses elements that match the viewer's interests or identity to create a visual trigger.
What is the significance of finding the 'bullseye' of the market?
-Finding the 'bullseye' of the market is crucial because it represents the core need or desire of the target audience. Hitting this bullseye can lead to rapid, emotional, and irrational buying decisions from the prospects.
What lesson did the speaker learn about targeting when creating ads?
-The speaker learned the importance of focusing on a single dream prospect and creating an ad that speaks directly to that individual, rather than trying to appeal to a broad audience with complex targeting.
Outlines
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