4.9.20

If it makes your jaw drop, it’s probably guerrilla marketing

 Guerrilla marketing is a great alternative to traditional marketing. It thrives on original thinking and creativity, where imagination and ingenuity beat out big budgets. 

Guerrilla marketing also tends to be cheaper than traditional marketing.


1. Steal Jeep’s Guerrilla Marketing Strategy

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This ad plays on the power of driving a Jeep (and parking it, apparently) and the features it offers its drivers.

Of course, some may argue that this is a little on the risky side because there could be arguments over parking guidelines and respect within the community but, I think we could all agree that guerrilla marketing does exactly that; it is just the right mix of provocative and witty.


2. Guerrilla Marketing Example for Environmental Issues

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The very fact that people can see the trees about to be cut off is a suggestion to passers-by that they can take action and they can play a part in the environment.

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What would you do if you were driving down the highway and saw a giant cat resting on these road lights?

Obviously, this is another creative guerrilla ad for raising environmental awareness.


3. Nike Makes the Perfect Guerrilla Marketing Example With Its History of Ads

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One of the most important components of a successful guerrilla marketing idea is for it to incorporate or embody the brand values.

Nike has been known for its “Just do it” attitude and tagline. This abstract bench, therefore, serves as a signal for the company motto.

Consistent with its brand personality of pushing one’s limits, Nike makes the perfect guerrilla marketing example with its history of ads.

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OK, I bet no one was particularly happy to see this.

But, I think most of us will agree it does a good job of suggesting a benefit, doesn’t it?

I am positive that whoever ran into this escalator was reminded of the brand’s motto and was forced to take the stairs, thus initiating their workout routine.


4. Changing What We Thought About Certain Signs

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Axe Body Spray uses custom stickers attached to the classic “exit man” signs that are so commonplace in establishments everywhere. The added stickers create a story about the familiar exit man — and to think all this time we thought he was escaping from a fire!


5. Coffin-Shaped Beach Towels Raise Skin Cancer Awareness

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These unusual towels serve as not-so-subtle warnings to beach-goers, tanning on the beach.

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Crosswalks are another urban structure often used by guerrilla marketers. In this example, Mr. Clean shows off his cleaning power on a crosswalk.


6 Social Media Marketing Tactics That Give the Best Bang for Your Buck

 



12.7.20

Small Business SMM

If you own a small business, it seems like everyone is trying to get you to use social media. Platforms like Facebook, Instagram, and Twitter are pushing hard for small businesses to embrace social media marketing.
Digital marketing gurus are spending big money to try and get you to spend big money on their social media marketing services.
You’ve probably already dabbled with social media marketing. You might have a Facebook business page. But, in your gut, you also suspect that social media is a bit of a scam.
You’re wrong.
Social media marketing isn’t a bit of a scam. Social media marketing is a complete scam for most small and medium-sized businesses.

What Does Social Media Marketing Mean?

Social media marketing is built around the concept of creating free content to build an audience. This is a time-tested strategy. But, social media marketing breaks this otherwise effective approach.
First, when you build an audience on social media, you aren’t creating an asset for your business. You are creating an asset for the company who owns the platform. If the social media platform goes under next month, your audience goes down with it. Social media platforms can, and do, change policies on a whim. What’s free today is pay-to-play tomorrow. Facebook pulled the rug out from under businesses several years ago making it impossible to reach your fans without paying to boost your posts.
Second, social media isn’t a great vehicle for selling. Look at any think piece about how businesses should use social media, and you will find that you should do more than just share your own content. You should be seen as a trusted authority or source or entertainment. But, it’s hard to make money just by being social and leaving a good impression.
But, as a small business, you cannot effectively monetize any of those metrics.
Social media marketing won’t lead to more sales for your small business. It will suck up all of your available time and money, leaving your frustrated and ready to quit anything having to do with online marketing.
Social media marketing is about creating posts to try and drive likes, shares, comments, and follows. But, as a small business, you cannot effectively monetize any of those metrics.
Pay-per-click advertising on social media is an entirely different beast from social media marketing. Paid advertising can be effective, but paid or free content marketing on social media platforms is a horrible investment for small businesses.

How Big Consumer Brands use Social Media

Big brands like Arby’s, McDonald’s, Target, and Ford spend a lot of money on social media marketing. These are smart companies. Why would they invest in something that doesn’t work?
They don’t.
What big brands want and get out of social media is different from what you want and what you get as a small business.
One of the marketing strategies big businesses employ is investing in brand recognition. They want people to associate their brand with specific emotions, life stages, and decisions. Big consumer brands don’t care about generating sales from social media. They care about leaving an impression.
These brands can afford this strategy because of their size, the number of different markets they are in, and because they are mostly focused on consumers.

You’re Not a Big Brand

Your small or medium business is not a big brand. You don’t have the budget or timeline to slowly build a desire for your products and brand over several years. You can’t afford to invest in brand recognition because you will get squashed by the competition.
Your company isn’t a big brand. You shouldn’t waste money trying to use their marketing strategies.
You need to focus on marketing strategies and tactics that actually make a difference to your bottom line instead of focusing on metrics that flatter your ego.

Boost Profits by Making Sales Not by Leaving an Impression

How much is a like worth to your business? How about a share or a follow? Here are the results of some back of the envelope math:
Likes = $0
Followers= $0
Leaving a good impression doesn’t generate one penny of revenue. If you want to boost profits, you have to sell more stuff. That’s how small businesses stay in business. They sell enough goods or services to pay all their bills and generate a level of profit.
You don’t have VCs backing you. You aren’t going to cash out in an IPO. You are going to have to get your cash the old-fashioned way, selling stuff people need or want.
While this seems like common sense, most social media marketers forget this fact. Think about what would happen if you suddenly had 10,000 real Facebook fans tomorrow. How would that affect your business?
It wouldn’t
You would still have to try and sell to those followers. How are you going to reach them? You can write a bunch of posts, but you will have to pay to boost those posts to get more than 5% of your fans to see them.
If you make all of those posts sales posts, you’ll start losing fans.
You’re in a no-win situation with social media.
No matter how much time and money you spend on social media, you still have to do the work of making a sale.
Instead of wasting your time and money on social media marketing, you should invest in three different tactics instead:
1. Paid advertising on social media platforms
2. Long tail SEO
3. Direct response email marketing
The exact way you deploy these tactics will vary depending on the specifics of your business. Business to business companies have different sales funnels than consumer-focused companies.
But, these tactics will help you connect with people eager to buy from you, and not just people looking to fill their feed with interesting articles.

Paid Advertising on Social Media Channels is Different

The real social media gold for small and medium businesses is in paid advertising. Writing and boosts is a slow, expensive, and inefficient way to attract paying customers.
Paid advertising cuts right to the heart of the matter. You get to ask your ideal customer directly to do something. It might just be to click on a link, but, it gets them off of social media and onto your website where you control the terms of engagement.
The biggest advantage of social media advertising is you can micro-target. You want to appeal to a very narrow set of people. When you use micro-targeting, it’s easy to talk directly to their needs. The customer can feel that you speak their language. They are excited to see how you can deliver the one thing they most want or need.
Paid advertising should be used to send customers to a specific landing page, and not just your website. You want to send them to a place where they can buy a specific product or service, or you want to send them to a landing page where you can capture their email address in return for something of value.
Advertising leads to direct sales, or it allows you to build a list of contacts that you can continue to market to, through methods you control like physical mail or email.
Paid social media advertising is one of the best ways to rapidly drive sales. Most businesses can see significant results in spending as little as $5 a day in social media advertising. But, you will have to invest time and money into testing ads and audiences. Paid advertising isn’t a silver bullet, but unlike social media marketing, it does deliver real results and generates a measurable return on investment.

Using Long tail SEO

Paid advertising is excellent for driving traffic and generating fast sales in the short term. But, if you want to build your business for the long term, you need other tools.
Long-tail SEO can provide you with small, steady profits that gradually increase the longer you are in business.
The goal with long-tail SEO is that you are driving organic traffic from search engines to your product or service pages. People who are looking to buy what you’re selling will find you. Long-tail SEO isn’t sexy like social media marketing. It takes hard work and a lot of patience. But, it delivers.
Long-tail SEO is about creating thousands of sales pages on your website that each generates a little bit of money each month.

Advantages of Direct Response Email Marketing

Email marketing is the most cost-effective form of digital marketing. It costs almost nothing to send an email campaign. When done right, you can generate thousands or tens of thousands of dollars just by sending out an optimized sales sequence to your list.
But, for this tactic to work, you have to build a high-quality list of prospects and customers, and you need to master direct response marketing.
Direct response marketing means that you ask your prospect to take a specific, measurable action. It might be buying something. It might be signing up for a free webinar.
The goal is to persuade your prospect to take one action that brings them closer to making a purchase.
Direct response marketing is a multi-billion-dollar subspecialty of marketing. It works.
When you combine paid advertising, long-tail SEO, and direct response email marketing you turn your small or medium business into a selling powerhouse.
None of these steps are easy. But, they are all simple. You will see results with each one, even before you have mastered the tactic. Each of these tactics makes it easy for you to measure your results. You can easily calculate your return on investment.
This is critical because you need good data to run effective experiments.
You only have so much time as the owner of a business. Don’t waste a second of it on social media marketing.
Instead, focus on marketing that gets results you can measure. Focus on tactics that put money in your pocket through sales instead of tactics that give you a dopamine hit from likes and shares.
You can’t pay bills with dopamine.

8.7.20

Instagram Giveaway| Sunny Co Clothing


Clothing retail startup “Sunny Co Clothing,” founded by two college seniors at the University of Arizona, figured creating a swimsuit giveaway would be the best way to get the word out there about their new brand. 
By reposting their photo with a specific hashtag, social media users would be entitled to a “free” swimsuit in exchange for their post — in addition to the company donating $1 to the Alzheimer’s Foundation for each one.
Overnight, their Instagram following jumped from 7,000 to 784,000. More than 346,000 people took up their offer, forcing them to cap the promotion at 50,000 units.





Let’s do the math: 50,000 units x $12 = $600,000.

No, that’s not a typo. The campaign grossed over $600,000 in 24 hours.

It was so unexpectedly popular they had to issue almost $73,000 in refunds because they couldn’t meet demand.

This spawned a slew of articles calling the campaign a failure. One writer even thought that it belonged in the same category as the infamous Fyre Festival.

But if these publications had just paused to think, they might’ve realized they were missing the big picture.

Inventory issues aside, the real story was that two college students generated more revenue in one day than many businesses do in a year. And they did it with effectively $0 in ad spend.








They’re not losing any money — they’re making it

Of the thousands of people posting all over the internet about this matter — the majority of them failed to give the site a visit and realize you still had to pay handling charges, although the item itself is technically “free.” While this is certainly a gray area of marketing ethics, it’s nothing new.

The folks over at Loretti Watches have been running their entire business on this model for over a year. Pay a small shipping and handling fee, and get the product for “free.” In fact, many of the top clients we produce scroll-stopping creative and strategy for at VAXA Digital follow this same business model.

What most consumers don’t realize is that these products are manufactured so cheap they can be produced and shipped for less than the shipping “cost” they’re charged. This is especially true in the clothing industry, where items (such as bathing suits) can be easily manufactured overseas for nothing more than a few dollars. This absurdly high margin is then used to cover advertising, overhead, and wasted product at the end of a season/trend.

In this specific example, Sunny Co Clothing charged their customers a $13 shipping fee after applying their promo code to reduce their $70 bathing suit down to $0. From a marketing psychology perspective, the consumer feels as if they’ve gotten such a discount that this nominal charge is normal and worth it.

From that amount, subtract $5 to manufacturer and fulfill the item, $6 to actually ship it, $1 for the Alzheimer’s donation, and they’re left with $1–2 of net profit for every suit sold — which brings me to my next point: how many did they actually sell?








Link: https://www.instagram.com/p/B_24HOdjfzM/?utm_source=ig_web_copy_link




Truth is, there’s a lot to learn from their campaign, so let’s mine some nuggets of wisdom.

In this article, I’m going to break down key lessons you can apply to your own marketing strategies. Then, I’ll provide a template you can use to recreate their success.

Nothing Sunny Co did was revolutionary — it was simply well executed. And if you follow the principles they used, you too can become an overnight sensation.

How Much Was Profit?

First, let’s take a closer look at the numbers.

Unless you manufacture your own goods, the only way you can promise a swimsuit for $12 is by buying in bulk to keep costs low.

In light of this, it’s likely Sunny Co sourced their product from an overseas supplier.

I did a quick search on Alibaba and found a similar swimsuit that costs $6.10/unit (when ordering over 100).

Let’s assume they were able to negotiate down to $3/unit, given they ordered 50,000 pieces.

In 2017, you could ship a seven-ounce package across the U.S. for about $3 via USPS First Class.

Factor in $0.50 for packaging/branding and $0.70 for payment processing fees and that brings total costs to $7.20.

Estimated profit = $12 - $7.20 = $4.80/unit.

We know they ended up issuing roughly $73,000 in refunds. But assuming they could tell the future and adequately planned their supply chain, they would’ve raked in over $240,000 in profit in 24 hours.

Wow.

Why It Worked

Three key factors:
1.“Free” turns heads

Want to command attention?

Offer something for free.

Caveat: as we saw above, Sunny Co used the word “free” fairly liberally. In any other context, $12 shipping for a single swimsuit is outrageous.

Nevertheless, it’s likely many customers realized this and still wanted in, especially when compared alongside a $64.99 retail price.

The real takeaway here is that people love the idea of “free,” even if it’s merely framed as such.
2. Urgency sells

If “free” grabs the audience’s attention, limited time offers give them no choice but to respond.

Sunny Co took advantage of this by restricting their campaign to 24 hours, which persuaded their audience to jump on board right away.

There’s nothing worse than missing out on a chance to grab something for free because you waited too long to act.
3. Relevant content converts

This campaign went viral for a reason.

Points 1 and 2 are critical, but they would’ve fallen flat if the Instagram image wasn’t appealing to their audience.

That wasn’t an issue for the Sunny Co team, because they chose an image that:
Looked like an Instagram post their target audience would typically make (not a spammy ad).
Incorporated their target audience’s interests (warm weather and swimming pools).
Used colors associated with excitement (ie. red).

These elements ensured their campaign got noticed.

Template: How to Make $600,000 in 24 Hours

Here’s how you can recreate Sunny Co’s success.
Step 1: Source a product on Alibaba.

Find a product you can:
White label and rebrand.
Charge the unit cost + shipping cost + desired profit as “shipping.”

To figure out the second part, first, determine your total costs.

For example, these blue light blocking glasses cost $1.80 per unit. You can ship them anywhere across the U.S. for roughly $3 via USPS First Class. That puts your total cost at $4.80.

Next, determine the maximum amount a customer would pay for shipping on the item.

If you sell the benefits properly (ie. blue light blocking glasses prevent headaches), I think you could persuade an audience to pay up to $8 for “shipping.”

That leaves you with $8-$4.80=$3.20 in profit.
Step 2: Order samples. Inspect for quality and reliability.

This step is a must and will save you from the terror of issuing mass refunds due to quality complaints down the road.

Pay attention to the supplier’s reviews regarding fulfillment times. Make sure they can handle large order volumes in a timely manner.
Step 3: Set up a Shopify store. Create an eye-catching image for social media.

As we discussed earlier, it’s important that your image doesn’t look like an ad and is relevant to your audience’s interests.

I strongly suggest including a human being in your image. After all, humans relate best to other humans.
Step 4: Set up a time-limited repost campaign. Ask everyone you know to post about it, or buy shout-outs from large themed accounts.

Your campaign should look something like this:

“For the next X hours, everyone who reposts this image on Instagram and tags us in the post will get a free [product]. Must be following us to be eligible.”

Sunny Co ran their campaign for 24 hours. You can run yours for however long you want.

Just keep in mind: shorter campaigns create more urgency, which yields better results.

If you have an existing following or an active social circle you can leverage, you may be able to pull this off with $0 ad spend.

If not, DM themed accounts on Instagram and buy at least $500 worth of ads.
Step 5: Go viral and profit.

There are a lot of variable components here, like how good your branding is, how appealing your product is, and how attractive your images are.

So it goes without saying your results will vary.

But as Sunny Co demonstrated, knowing your audience stacks the odds in your favor. Hit on all the right points with your branding and messaging and there’s no reason you can’t experience a similar level of success.



Understanding the Framework

At the end of the day, the key is understanding the power of the “free for a limited time” model.

In the brick and mortar days, companies used this method to get visitors to their store. Their goal was to get customers to also buy other items while they were there, which is how they made money.

In today’s global economy, however, it’s now possible to make money directly off the product you’re “giving away,” because many products can be sourced from overseas for pennies on the dollar.

The entire Internet just advertised for them — and still is

Most of us have heard the adage, “No publicity is bad publicity.” While there are some cases this certainly isn’t true (looking at you, United Airlines), that’s not the case with this situation.
Within 24 hours of starting the contest, thousands of major Instagram/Twitter influencers were posting about this — whether paid shout-outs or simply memes making fun of everyone else posting.
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Before long, hundreds of major news accounts began covering the story, and hundreds of thousands of comments were being left about the giveaway — both good and bad. Regardless, this company was certainly now in the spotlight of both consumers and other massive brands (and maybe even the FTC), meaning ridiculous amounts of traffic were being sent their way.
Regarding the potential FTC attention, the one area Sunny Co Clothing poorly executed was delivering a clear and consistent set of terms and conditions for the contest, as some screenshots suggest they changed their terms multiple times during the giveaway process:
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Take a look at Rule #3, stating “…we reserve the right to cap the promotion if deemed necessary.” Given this was not clearly stated at the beginning of the contest, this could certainly raise some questions from the feds, especially after the FTC’s recent announcement to crack down on unethical social media advertising practices.

Targeted demographic data and followers will be invaluable

Potential fines aside, it’s clear that the real win here for Sunny Co Clothing wasn’t in the relatively small amount of money they made, but rather the data they collected from a highly targeted niche of women interested in buying clothing online — specifically swimsuits.
Considering that the going rate in 2017 for targeted email lists is between $200–400 CPM (cost per mille, or thousand impressions), with even 50,000 email addresses collected they’re looking another $10,000 minimum for every business they sell those to. When dealing with large retail brands, such as Victoria’s Secret, this cost is something marketing teams are willing to pay at the drop of a hat.
Now, what about that massive Instagram following? While “shout outs” and influencer marketing promos have been around for a few years now, they’ve certainly become popular with massive brands more recently — raking in some massive cashflows for those in charge of these accounts.
Given that the going rate for an “influencer” page to create a post promoting someone else’s product or service is about $1 per 1,000 followers (based on my experience in the industry), the folks over at Sunny Co Clothing are looking at a minimum of $700 for EVERY single promoted post. Even if they only posted one a day, that could equate to over $250,000 a year.
Worst-case scenario, even if Sunny Co Clothing somehow goes under as a result of this stunt, there’s nothing stopping them from selling their Instagram account on the “black market” (given it’s against Instagram’s terms of service) for an outrageous amount of money. Knowing their engagement and number of active followers, they would easily be able to pull in anywhere from $30–50k for an account of that size.

In the end — was it a win?

While they’ve yet to stand the true test of time and begin fulfilling these orders, Sunny Co Clothing certainly has the potential to pull off a massive “W” as a result of this scenario. Even if they were to be hit with massive FTC fines and forced to close their “doors,” they’re set up now with a large number of cash-positive exit strategies resulting from their massive social media following.
The major takeaway here is that viral marketing and growth hacking social media is certainly not dead — you just need a bit of strategy and good luck. Even with major follower-building tools such as Instagress recently shut down, digital marketers are still left with plenty of opportunities to grow their brands’ followings.
With that said, don’t be surprised if you see a large number of strategy copycats popping up over the coming weeks, such as this towel company (who were smart enough to cap the number of giveaway items at least):
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In the Wild Wild West of Instagram, it’s not surprising they even stole their photo:
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As mentioned earlier, this marketing strategy is nothing new, and certainly presents opportunities for retailers with cheaply produced goods to creatively target new consumers. However, bear in mind that a good number of people will now realize that pair of “luxury” sunglasses you normally sell for $79 only costs you a few bucks to produce.

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