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1 Free Ice Cream… …and Five Other Truly Evil Marketing Tricks

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Presentation to Refresh Austin on 1/11/2011 on Free Ice Cream and Five Other Truly Evil Marketing Tricks

TRANSCRIPT

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Free Ice Cream…

…and Five Other Truly Evil Marketing Tricks

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• Average (or below) looks

• Charming wife, two kids• Pflugerville resident

Looks boring, not evil!

Hey, this guy doesn’t LOOK evil…

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• Average (or below) looks

• Charming wife, two kids

• Pflugerville resident

• Director of Marketing at Invodo• eCommerce video

startup

• History with Dell, Hoover’s, Sabre, and more

“You are unwise to lower your defenses!”

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Marketing: A Formal Definition

Marketing is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.– American Marketing Association

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Marketing: A Formal Definition

Marketing is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.– American Marketing Association

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Marketing: An Evil Definition

Gain awareness

Gain consideration

Change behavior

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Evil Trick #1: Free Ice Cream

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Evil Trick #1: Free Ice Cream

Many choices are presented The few that we’d consider purchasing are called the consideration set

Most consumers can have 3-5 items in their consideration set

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Evil Trick #1: Free Ice Cream

FIRSTShoppers have the highest recall on the first and last items in a consideration setThat includes apartment shoppers

LAST

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Evil Trick #1: Free Ice Cream

By influencing your position in the consideration set, you influence your chances of being chosen

A quick test

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Evil Trick #1: Free Ice Cream

Most marketers rely on advertising and hope to be first…

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Evil Trick #1: Free Ice Cream

Evil marketers mix Texas temperatures and loss aversion to be last…

Hurry home before your free gallon of ice cream melts!

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Evil Trick #2: Getting and Keeping Eyeballs

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Evil Trick #2: Getting and Keeping Eyeballs

I can click through on ads…

…I can click to spend more time watching YouTube videos…

…but where do I click to *leave* YouTube?

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Evil Trick #3: The Forer Effect

But enough about me, let’s talk about you…

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Evil Trick #3: The Forer Effect

“You have a need for other people to like and admire you, and yet you tend to be critical of yourself. While you have some personality weaknesses you are generally able to compensate for them. You have considerable unused capacity that you have not turned to your advantage.”

Full text at http://www.skepdic.com/forer.html

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Evil Trick #3: The Forer Effect

Bertram Forer, 1948

Gave personality test to grad students

Results were a page randomly torn from a horoscope magazine

Students rated results 84% accurate

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Evil Trick #3: The Forer Effect Sells:

Astrology (we Virgos are skeptical)

Fortune Telling

Cars

Beer

Electronics

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Evil Trick #4: Helpful Comparisons

iPad EAS Tablet

Charging 2x per day Never

Weight Heavy - 1.5 lbs ¼ lb

Connectivity Requires hotspot and/or expensive data plan

Ready to go anywhere, anytime

Account Requires iTunes account No account needed

Applications Purchase and download – haven’t you already paid enough?

Write your own!

Lifespan Will soon be obsolete Time-tested technology, good for many years

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Evil Trick #4: Helpful Comparisons

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Evil Trick #4: Helpful Comparisons

Your y-axis should always be chosen to send the message “we have it all and they don’t”

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Evil Trick #4: Helpful Comparisons

Non-Evil Shopping Tip:– List out desired features BEFORE you

get info from vendors– Make that list your y-axis– Ignore anything your vendors cram onto

the y-axis– Ignore irrelevant comparison (EAS

Tablet) vendors cram onto the x-axis

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Evil Trick #5: What, you trusted me?Please provide some information so that we

may keep you updated on the forthcoming launch of Evil Trick #5.

We anticipate launching in Q4 of never.

Your feedback is important to us.

Email Address Credit Card Number

ATM PINBank Routing Number

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…could these powers be used for Good?

Maybe.

Although I did violate Spiderman 3’s copyright in asking the question.

Old habits die hard…

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Social Marketing

Social Marketing is not Social Media Marketing

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…could these powers be used for Good?

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…could these powers be used for Good?

3 Years, $30MM Raised, 3 Million Nets

Online, social media, YouTube, offline

Grassroots – started from a Rick Reilly column in Sports Illustrated challenging readers to donate $10 each

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…could these powers be used for Good?

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…could these powers be used for Good?

$68MM in 2010Over $30K from Team Austin!

Viral, social, WOM

The ‘stache drives Word of Mouth…

among other things

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Common Denominators in Social Marketing

CommunityWord of mouthBroad reachLow minimum commitmentGrass-roots origins

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Thank YouNow go sell stuff, change the world,

or both