Marketing

Preface

Prerequisites

Learning ethics

Introduction

The goal of every business is becoming into a monopoly.

What is Marketing ?

Why does Marketing matter to you?

Ecosystem

Standards, jobs, industry, roles, and research

Story

FAQ

What is difference between Sales and Marketing?

Worked examples

Strategy

Timeframe

Digital Product Marketing Strategy

Subsubsection

Go big or go back to selling services

Subsubsection

Sizing markets & Sizing Demand

Advertising

Growth

Branding

Digital marketing

Product management

Value involves than features, benefits & total cost of ownership (TCO). It is the net value of using the product in the real world.

Product Value Propositions

Points of irrelevance and Points of Negative Value

Points of Parity

Point of difference

Switch costs

Compare with status quo and next-best alternative.

Public relations

💡
You do not need a unique product, but high visibility

Highly visible gives you a big margin for error. Trust Me, I’m Lying by Ryan Holiday

Exceptions are professional service, B2B strategic products, so in those make sense to apply Blue Ocean Strategy.

Exercises and Projects

Summary

Key decisions

Case studies

FAQ

Reference Notes

Lead generation and Customer/User Acquisition

Pipeline

  1. Viewer.
  1. Follower.
  1. Subscriber.
  1. Lead.
  1. Marketing Qualified Lead.
  1. Sales Qualified Lead.
  1. Opportunity.
  1. Customer.
  1. Evangelist.

B2C

Subsubsection

B2B

Business sizes

Entrepreneurs

SMB’s

Larger brands

Merchant Acquisition

B2C Copywriting

We leverage into SPF framework by Dekker Frase where S stands for Stages, P stands for Psychology, F stands for Funnel.

Stages represent the different levels of individual awareness, encompassing Problem Unaware, Category Unaware, Product Unaware, and Product Aware. It is crucial to understand that each person occupies a unique stage of awareness.

Being "Problem Unaware" means individuals do not recognize they have an issue. For instance, when offering an automation service (whether through software, electronics, or other means), a potential client satisfied with employing staff may not see any inherent problems with their existing setup.

"Category Unaware" refers to individuals who are aware of their problem, which could potentially be solved by your offering, but are not familiar with the broader category of solutions your product falls into. For example, a potential client aware of their issue with churn might not know about chatbot solutions, thereby seeking alternative remedies.

At the "Product Unaware" stage, individuals are aware of the category your product belongs to but are not familiar with your product or brand specifically. They understand the type of solutions available but have not yet been introduced to what your specific product offers or how it stands out from other options in the market. Brand.

If you simplify your content strategy to focus solely on those who are "Product Unaware," you risk overlooking the nuanced understanding and empathy needed to gauge where individuals stand in terms of their knowledge and awareness. Attempting to sell a product to someone who is not even aware of the broader category it belongs to is likely to result in failure. It's essential to tailor your approach to meet people at their current stage of awareness, guiding them from recognizing their problem to understanding the category and, eventually, to seeing the value in your specific product.

Marketing efforts in the Unaware stages rely heavily on educating potential customers and helping them recognize that they have a problem. In these early stages, the focus is on raising awareness and providing information rather than directly selling a product. This approach helps to gradually guide the audience from a lack of awareness to understanding the challenges they face and the existence of solutions within a specific category that can address their needs. On another hand, Marketing efforts in they Product Aware stage rely on pushing into the sales funnel with a incentive.

In the SPF framework, "Psychology" is a crucial component that focuses on crafting marketing content (ads, seo, and so on) to convince people that your product is worth purchasing. This aspect goes beyond merely informing or educating the audience; it aims to tap into the psychological triggers and motivations that influence buying decisions. By understanding the target audience's desires, fears, and pain points, marketers can create compelling messages that resonate on a deeper level, ultimately persuading consumers that their product not only solves a problem but also adds significant value to their lives or businesses.

Reactance, Endowment, Distance, Uncertainty, Corroborating evidence.

People's tendency to prefer avoiding losses over acquiring equivalent gains is known as loss aversion. This principle can be a powerful tool in marketing. Instead of solely highlighting the benefits or gains of using your product, you might consider focusing on what potential customers stand to lose by not taking action. This approach can create a sense of urgency and make the decision to engage with your product feel more critical. For instance, in your messaging, you could emphasize the inefficiencies, costs, or missed opportunities that come from not using your product, thereby leveraging the psychological impact of loss aversion to motivate your audience to act.

hubris

The Catalyst How to change anyone’s mind by Jonah Berger.

Product Led Growth

Business Development

Account based Marketing

Lead nurturing

Conversion Rate Optimization

Exercises and Projects

Summary

Key decisions

FAQ

Reference Notes

Customer Psychology

💡
Customer are looking for something that does a good job of executing what they’re already looking for.

Customers buy things are visible. Of course, it is a necessary condition but not enough. You’re competing for mind share and you’re competing for distribution.

Tactics

Product promotion

Pricing models

Direct & Brand marketing

Subsubsection

Copywriting

Content management

SEO

Word of mouth

You can generate word-of-mouth through your emotional positioning. However, another approach is to excel in product and service attributes that naturally have word-of-mouth potential. This doesn't necessarily require creating something unique or building elements intrinsic to your value proposition. Instead, it involves adding features that will prompt people to talk about them.

https://www.mckinsey.com/capabilities/growth-marketing-and-sales/our-insights/a-new-way-to-measure-word-of-mouth-marketing

Facebook ads

Google & YouTube advertising

Twitter Advertising

Snapchat Advertising

Spotify Advertising

LinkedIn Advertising

Amazon Advertising

Influencers

Social Media

Email marketing

Cold calls, cold emails & lists

Exercises and Projects

Summary

Key decisions

FAQ

Reference Notes

Analytics

Quantitative Marketing

Technical products

Some products need more sophistication for costumer side.

End-user development

Market research

Startup Marketing & Growth Hacking

Focusing to brand stuff is bad idea in early years

when you’re not a celebrity, you’re not famous, and you don’t have a massive following.

SparkToro

Management

Investor management

Sales enablement

Chief Marketing Officer Career

Become a CMO

Soft skills

Leadership & People Management

Interviews

Growing your Digital Marketing Agency

Tutorials

Content Generation with IA

Next steps

References

TODO

No estadistica.

https://first100users.com/

Impact Mapping https://www.impactmapping.org/

Marketing plan