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The Paradox of
Exceptional Marketing
Rand Fishkin | Individual Contributor | Moz
Why is the Night Sky So Quiet?
The mathematical
odds of Earth being
the only life-bearing
planet in the galaxy
are exceptionally
low.
Milky Way Galaxy:
200-400B Stars
~100B Planets
~11B Earth-like Planets
Orbiting Sun-like Stars
SOURCE:
Planetary Habitability Laboratory
If life can form on other planets
(or if meteors/ comets can pass
life between planets), there are
millions of life-bearing
candidates.
13.8 BILLION YRS AGO
Two Possibilities:
1) We’re alone (for now)
2) We’re unable to perceive whomever else is out there
(and they’ve decided to ignore us)
A civilization colonizing enough of the galaxy to
be perceptible to us here on Earth doesn’t take
long on a cosmic time scale.
Type III
Civilization
If any such civilization existed in the last 13 Billion
years (and their wave emissions lasted long
enough), we could perceive them today.
Something must be filtering out any
life that could colonize the galaxy
The Great Filter
Commonly achieved evolutionary leaps
The Great Filter
An evolutionary leap that no
civilization has passed (yet?).
Type III
Civilization
Species
Origin
Maybe We’re the First?
Maybe We’re Extremely Rare?
Or, Maybe, We’re F#@%d
Fermi’s Paradox
It is no good to try to
stop knowledge from
going forward.
Ignorance is never
better than
knowledge.
-Enrico Fermi (1901-1954)
To Learn More Read: Wait But Why – The Fermi Paradox
A Similar Paradox Exists in
the Web Marketing World
The Average New Startup Won’t Last 2 Years
source
The Web is Huge
200+ Million Active Websites
Most People Will Only Ever Visit 200-2,000 (1-10 in a Million)
The Millions of Search Results Beyond Page One
Are Practically Invisible
Recent Data Suggests Searchers Are Less Biased By
Position #1, But As Unlikely As Ever to Visit Page 2+
Nearly Every Web-Connected Human Adopted
Social Networking in Its First 7 Years of Existence
But standing out in the ever-increasing stream of social sharing is
an enormous challenge.
Data Via Forrester Research
Avg Brand Engagement
Rate
4.21%
0.073%
0.069%
0.035%
There are ~100X as many non-spam emails sent
each day as there are Facebook messages and posts
Data Via Mailchimp’s Benchmarks
5.3 Trillion display and retargeting ads are served annually: 1,700
per Internet user per month.
In North America, less than 1 in 10,000 ad views result in a click
Being Signal, Rather Than Noise,
Is An Immense Marketing Challenge
INVISIBLE KNOWN & LOVED
Our Job: Take Companies
from
But, those immense marketing
challenges stand in our path
U
s
We Need to Identify, Understand, and Break Through These Filters if
We’re to Create Lasting Companies & Great Marketing
AUDIENCE
COMPETITIVE
ADVANTAGE
SERENDIPIT
Y
FLYWHEE
L
COS
T
MESSAG
E
Six of Marketing’s Great Filters
Ability to Reach the Right Audience
Tip #1: If You Have Great Customers Today,
Find Ways to ID & Target Their Clones
Eric couldn’t have been
more literal!
Tip #2: Know What Your Audience Does Before
They Search For You/Your Solution
Long before anyone
searches for this
They search for this
Tip #3: Even a Small Element of Virality is
Worth Repeated Investment and Testing
Even one person passionate
about the service can get it in
front of many others
Tip #4: Early Adoption Gives an Unfair
Advantage
Mark was among the first to create a comprehensive guide to
Ello. Timing + content = domination.
Crafting a Message that Resonates
Tip #1: My Best Content and Stories Always
Resonated Offline Before I Made Them Online.
Tip #2: Apply The CRO You Learn in Paid Media
to Your Inbound Efforts
If you know that this headline works better, change
your page title and social shares, too!
Tip #3: Consistency of Message Matters.
Consistency of Format is Boring.
Tip #4: Powerful Messages Are Simple
Tip #4: Powerful Messages Are Simple
Tip #4: Powerful Messages Are Simple
Tip #5: Promoting Your Self/Company is Hard.
Promoting a Cause/Mission is Far Easier.
Fitbit isn’t selling “what,”
they’re selling “why.”
Cost of Customer Acquisition
Tip #1: Break Out Costs of Marketing vs. Sales
Paid Marketing Spend
All Marketing Salaries
All Marketing T&E
All Brand-Focused Spend
+
+
+
Sales Spend
All Marketing Tech Costs
+
All Sales Salaries
All Sales T&E
Deal-Closing Spend
All Sales Tech Costs
+
+
+
+
Tip #2: Spend Early in Unpaid Marketing
Channels
Trying to build
competence here early
is far easier than
building it after your
paid marketing
machine is running.
Tip #3: Measure Acquisition Channels by CLTV
(not just conversion rate)
Tip #4: If Possible, Enable Customer
Qualification
A free trial may initially show worse converting
customers than a demo, but if you follow up w/
right-looking trialers, you can drastically improve
close rates & CLTV
Enabling Serendipity
Tip #1: Increase the Potential Vectors of
Exposure
Conference
Dinner
Phone Call
Coffee
Volunteering
Email Reply
Things You “Really Don’t Have Time For”
Tip #2: Things You Hate Probably Won’t Bring
Serendipity
And that’s probably why the
Batman won’t show up
Tip #3: Know Something About People Before You
Interact
Fullcontact FTW!
A Story: Some Recent Serendipity
Find Your Competitive Advantage
Tip #1:
Tip #2: Consistently Ask “Could We Do That 10X
Better?”
“We could make a better
version of that”
“We can do something 10X
better than any of these”
Tip #3: Don’t Get Bogged Down By Your Weaknesses
SEO PPC
Content Community
Email
Display
Retargeting
Twitter
Social AdsVideo LinkedInFacebook
Google+
Partnerships
Affiliate
Trade Show Booths
Whitepapers
Content/Native Ads
Strengths Weaknesses
Spending time
getting up to speed
on these may be a
net loss.
Tip #4: Don’t Get Complacent About Your Strengths
SEO PPC
Content Community
Email
Display
Retargeting
Twitter
Social AdsVideo LinkedInFacebook
Google+
Partnerships
Affiliate
Trade Show Booths
Whitepapers
Content/Native Ads
Strengths Weaknesses
Hitting cruise control on
these, rather than
pressing an advantage
could seriously hurt, too.
A Flywheel That Scales Without Friction
Publish
Amplify
Grow network Rank for slightly
more competitive
terms & phrases
Get links Grow authority
Earn search
traffic
Tip #1: Anticipate the First Few Revolutions of Any
Marketing Flywheel to Be Insanely Challenging
Plan for a traffic graph like this
and you’re doomed.
Tip #1: Anticipate the First Few Revolutions of Any
Marketing Flywheel to Be Insanely Challenging
This is much more realistic.
(via Crain’s Detroit)
Tip #2: Relentlessly Search for Your Flywheel’s Friction
Publish
Amplify
Grow network Rank for slightly
more competitive
terms & phrases
Get links Grow authority
Earn search
traffic
Our social efforts never grow our
audience… that’s what’s missing.
Tip #3: Once a Flywheel is Moving, Any Additional Force
Pushes it Faster – Leverage Those Forces!
Because Moz has had a lot of
success driving organic traffic,
re-targeting is a huge
additional force on our
flywheel
There’s
Another
Possibility
There is a Type III Civilization,
But They’re Not Friendly.
The Great Culling
To prevent competition, a civilization may be
killing off any who make it too far.
Type III
Civilization
Species
Origin
“(Messaging extraterrestrials is)
deeply unwise and immature…
The newest children in a strange
and uncertain cosmos should listen
quietly for a long time, patiently
learning about the universe and
comparing notes, before shouting
into an unknown jungle that we do
not understand.”
- Carl Sagan (source), 1934-1996
The 800lb gorilla competitors do not, however,
appear to be the great filters in our world.
Source
Competitors: 19%
Competitors beating you in your own
marketing channels: <19%
Marketing (especially
through inbound
channels) appears to
be a rarely contested
and, thus, uniquely
powerful way to build a
competitive advantage
and barrier to entry.
The Paradox of
Exceptional Marketing
Rand Fishkin | Individual Contributor | Moz

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The Paradox of Exceptional Marketing by Rand Fishkin

  • 1. The Paradox of Exceptional Marketing Rand Fishkin | Individual Contributor | Moz
  • 2. Why is the Night Sky So Quiet?
  • 3. The mathematical odds of Earth being the only life-bearing planet in the galaxy are exceptionally low. Milky Way Galaxy: 200-400B Stars ~100B Planets ~11B Earth-like Planets Orbiting Sun-like Stars SOURCE: Planetary Habitability Laboratory
  • 4. If life can form on other planets (or if meteors/ comets can pass life between planets), there are millions of life-bearing candidates. 13.8 BILLION YRS AGO
  • 5. Two Possibilities: 1) We’re alone (for now) 2) We’re unable to perceive whomever else is out there (and they’ve decided to ignore us)
  • 6. A civilization colonizing enough of the galaxy to be perceptible to us here on Earth doesn’t take long on a cosmic time scale. Type III Civilization
  • 7. If any such civilization existed in the last 13 Billion years (and their wave emissions lasted long enough), we could perceive them today.
  • 8. Something must be filtering out any life that could colonize the galaxy
  • 9. The Great Filter Commonly achieved evolutionary leaps The Great Filter An evolutionary leap that no civilization has passed (yet?). Type III Civilization Species Origin
  • 14. It is no good to try to stop knowledge from going forward. Ignorance is never better than knowledge. -Enrico Fermi (1901-1954)
  • 15. To Learn More Read: Wait But Why – The Fermi Paradox
  • 16. A Similar Paradox Exists in the Web Marketing World
  • 17. The Average New Startup Won’t Last 2 Years source
  • 18. The Web is Huge 200+ Million Active Websites
  • 19. Most People Will Only Ever Visit 200-2,000 (1-10 in a Million)
  • 20. The Millions of Search Results Beyond Page One Are Practically Invisible
  • 21. Recent Data Suggests Searchers Are Less Biased By Position #1, But As Unlikely As Ever to Visit Page 2+
  • 22. Nearly Every Web-Connected Human Adopted Social Networking in Its First 7 Years of Existence
  • 23. But standing out in the ever-increasing stream of social sharing is an enormous challenge.
  • 24. Data Via Forrester Research Avg Brand Engagement Rate 4.21% 0.073% 0.069% 0.035%
  • 25. There are ~100X as many non-spam emails sent each day as there are Facebook messages and posts
  • 27. 5.3 Trillion display and retargeting ads are served annually: 1,700 per Internet user per month.
  • 28. In North America, less than 1 in 10,000 ad views result in a click
  • 29. Being Signal, Rather Than Noise, Is An Immense Marketing Challenge
  • 30. INVISIBLE KNOWN & LOVED Our Job: Take Companies from
  • 31. But, those immense marketing challenges stand in our path U s
  • 32. We Need to Identify, Understand, and Break Through These Filters if We’re to Create Lasting Companies & Great Marketing
  • 34. Ability to Reach the Right Audience
  • 35. Tip #1: If You Have Great Customers Today, Find Ways to ID & Target Their Clones Eric couldn’t have been more literal!
  • 36. Tip #2: Know What Your Audience Does Before They Search For You/Your Solution Long before anyone searches for this They search for this
  • 37. Tip #3: Even a Small Element of Virality is Worth Repeated Investment and Testing Even one person passionate about the service can get it in front of many others
  • 38. Tip #4: Early Adoption Gives an Unfair Advantage Mark was among the first to create a comprehensive guide to Ello. Timing + content = domination.
  • 39. Crafting a Message that Resonates
  • 40. Tip #1: My Best Content and Stories Always Resonated Offline Before I Made Them Online.
  • 41. Tip #2: Apply The CRO You Learn in Paid Media to Your Inbound Efforts If you know that this headline works better, change your page title and social shares, too!
  • 42. Tip #3: Consistency of Message Matters. Consistency of Format is Boring.
  • 43. Tip #4: Powerful Messages Are Simple
  • 44. Tip #4: Powerful Messages Are Simple
  • 45. Tip #4: Powerful Messages Are Simple
  • 46. Tip #5: Promoting Your Self/Company is Hard. Promoting a Cause/Mission is Far Easier. Fitbit isn’t selling “what,” they’re selling “why.”
  • 47. Cost of Customer Acquisition
  • 48. Tip #1: Break Out Costs of Marketing vs. Sales Paid Marketing Spend All Marketing Salaries All Marketing T&E All Brand-Focused Spend + + + Sales Spend All Marketing Tech Costs + All Sales Salaries All Sales T&E Deal-Closing Spend All Sales Tech Costs + + + +
  • 49. Tip #2: Spend Early in Unpaid Marketing Channels Trying to build competence here early is far easier than building it after your paid marketing machine is running.
  • 50. Tip #3: Measure Acquisition Channels by CLTV (not just conversion rate)
  • 51. Tip #4: If Possible, Enable Customer Qualification A free trial may initially show worse converting customers than a demo, but if you follow up w/ right-looking trialers, you can drastically improve close rates & CLTV
  • 53. Tip #1: Increase the Potential Vectors of Exposure Conference Dinner Phone Call Coffee Volunteering Email Reply Things You “Really Don’t Have Time For”
  • 54. Tip #2: Things You Hate Probably Won’t Bring Serendipity And that’s probably why the Batman won’t show up
  • 55. Tip #3: Know Something About People Before You Interact Fullcontact FTW!
  • 56. A Story: Some Recent Serendipity
  • 59. Tip #2: Consistently Ask “Could We Do That 10X Better?” “We could make a better version of that” “We can do something 10X better than any of these”
  • 60. Tip #3: Don’t Get Bogged Down By Your Weaknesses SEO PPC Content Community Email Display Retargeting Twitter Social AdsVideo LinkedInFacebook Google+ Partnerships Affiliate Trade Show Booths Whitepapers Content/Native Ads Strengths Weaknesses Spending time getting up to speed on these may be a net loss.
  • 61. Tip #4: Don’t Get Complacent About Your Strengths SEO PPC Content Community Email Display Retargeting Twitter Social AdsVideo LinkedInFacebook Google+ Partnerships Affiliate Trade Show Booths Whitepapers Content/Native Ads Strengths Weaknesses Hitting cruise control on these, rather than pressing an advantage could seriously hurt, too.
  • 62. A Flywheel That Scales Without Friction
  • 63. Publish Amplify Grow network Rank for slightly more competitive terms & phrases Get links Grow authority Earn search traffic
  • 64. Tip #1: Anticipate the First Few Revolutions of Any Marketing Flywheel to Be Insanely Challenging Plan for a traffic graph like this and you’re doomed.
  • 65. Tip #1: Anticipate the First Few Revolutions of Any Marketing Flywheel to Be Insanely Challenging This is much more realistic. (via Crain’s Detroit)
  • 66. Tip #2: Relentlessly Search for Your Flywheel’s Friction Publish Amplify Grow network Rank for slightly more competitive terms & phrases Get links Grow authority Earn search traffic Our social efforts never grow our audience… that’s what’s missing.
  • 67. Tip #3: Once a Flywheel is Moving, Any Additional Force Pushes it Faster – Leverage Those Forces! Because Moz has had a lot of success driving organic traffic, re-targeting is a huge additional force on our flywheel
  • 69. There is a Type III Civilization, But They’re Not Friendly. The Great Culling To prevent competition, a civilization may be killing off any who make it too far. Type III Civilization Species Origin
  • 70. “(Messaging extraterrestrials is) deeply unwise and immature… The newest children in a strange and uncertain cosmos should listen quietly for a long time, patiently learning about the universe and comparing notes, before shouting into an unknown jungle that we do not understand.” - Carl Sagan (source), 1934-1996
  • 71. The 800lb gorilla competitors do not, however, appear to be the great filters in our world. Source Competitors: 19% Competitors beating you in your own marketing channels: <19%
  • 72. Marketing (especially through inbound channels) appears to be a rarely contested and, thus, uniquely powerful way to build a competitive advantage and barrier to entry.
  • 73. The Paradox of Exceptional Marketing Rand Fishkin | Individual Contributor | Moz

Notas del editor

  1. (Working on this one)