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HOW TO MAKE MONEY WITH
CROSS CHANNEL MARKETING
Jamie Turner
CEO and Founder, 60 Second Marketer
INTRODUCTION TO JAMIE TURNER
INTRODUCTION TO JAMIE TURNER
• Co-author of two books
on marketing
INTRODUCTION TO JAMIE TURNER
• Co-author of two books
on marketing
• Profiled in the world’s
best-selling marketing
textbook
INTRODUCTION TO JAMIE TURNER
• Co-author of two books
on marketing
• Profiled in the world’s
best-selling marketing
textbook
• Regular guest on CNN
and hln on the topics of
marketing and branding
AGENDA
• the purpose of marketing
• the problem for most
marketers
• The solution: how to
Make money with cross
channel marketing
TWEET WHAT YOU LEARN
@AskJamieTurner
The Purpose of Marketing
THE PURPOSE OF MARKETING
THE PURPOSE OF MARKETING
• Pick a number between 1 and 10
THE PURPOSE OF MARKETING
• Pick a number between 1 and 10
• multiply it by 9
THE PURPOSE OF MARKETING
• Pick a number between 1 and 10
• multiply it by 9
• take the answer and add the two digits together so
you have a new number
THE PURPOSE OF MARKETING
• Pick a number between 1 and 10
• multiply it by 9
• take the answer and add the two digits together so
you have a new number
• subtract 5 from that number
THE PURPOSE OF MARKETING
THE PURPOSE OF MARKETING
• take the new number and corollate it to a number in
the alphabet (a = 1, b = 2, c = 3, etc.)
THE PURPOSE OF MARKETING
• take the new number and corollate it to a number in
the alphabet (a = 1, b = 2, c = 3, etc.)
• think of a country that begins with that letter
THE PURPOSE OF MARKETING
• take the new number and corollate it to a number in
the alphabet (a = 1, b = 2, c = 3, etc.)
• think of a country that begins with that letter
• go to the second letter in that country’s name and
think of an animal that begins with that letter
THE PURPOSE OF MARKETING
• take the new number and corollate it to a number in
the alphabet (a = 1, b = 2, c = 3, etc.)
• think of a country that begins with that letter
• go to the second letter in that country’s name and
think of an animal that begins with that letter
• now, think of a color you associate with that animal
YOU’RE THINKING OF A GREY
ELEPHANT AND DENMARK
THE PROBLEM FOR
MOST MARKETERS
SEARCHINGWE’RE ALL FOR A SILVER BULLET
AT FIRST, THERE WAS EMAIL MARKETING....
THEN, THERE WAS SOCIAL MEDIA...
AND NOW, THERE’S MOBILE...
UNFORTUNATELY, THERE ARE NO SILVER BULLETS
SERIOUSLY. STOP LOOKING FOR IT. IT’S. NOT. THERE.
WHAT WAS YOUR MOST
RECENT SILVER BULLET
THAT DIDN’T WORK?
S
H
I
F
T
S
H
I
F
T
ILVER BULLETS DON’T EXIST
WHAT DOES EXIST?
I want
to buy
your
stuff
I want
to buy
your
stuff
WHEEL OF MARKETING
Mobile
Social
EmailEvents
Direct response
TV
radio
print
DigitalPaid Search
microsites
affiliate marketing
in store Blogging
outdoor
display
Mobile
Email
Direct response
TV
radio
print
I want
to buy
I want
to buy
WHEEL OF MARKETING
Mobile
Social
EmailEvents
Direct response
TV
radio
print
DigitalPaid Search
microsites
affiliate marketing
in store Blogging
outdoor
display
WHEEL OF MARKETING
Mobile
Social
EmailEvents
Direct response
TV
radio
print
DigitalPaid Search
microsites
affiliate marketing
in store Blogging
outdoor
display
GRAB A SHEET OF PAPER AND
CREATE YOUR OWN WHEEL
OF MARKETING
HORIZONTAL VS. VERTICAL
MobileSocial Email Direct responseTV printPaid Search outdoor
HORIZONTAL VS. VERTICAL
MobileSocial Email Direct responseTV printPaid Search outdoor
HORIZONTAL VS. VERTICAL
MobileSocial Email Direct responseTV printPaid Search outdoor
HORIZONTAL VS. VERTICAL
MobileSocial Email Direct responseTV printPaid Search outdoor
HORIZONTAL VS. VERTICAL
MobileSocial Email DirectresponseTV printPaid Search outdoor
HORIZONTAL VS. VERTICAL
MobileSocial Email DirectresponseTV printPaid Search outdoor
HORIZONTAL VS. VERTICAL
MobileSocial Email DirectresponseTV printPaid Search outdoor
HORIZONTAL VS. VERTICAL
MobileSocial Email DirectresponseTV printPaid Search outdoor
S
H
I
F
T
ILVER BULLETS DON’T EXIST
S
H
I
F
T
ILVER BULLETS DON’T EXIST
ORIZONTAL IS BETTER THAN VERTICAL
For every 1 time
someone opens the
pantry, they open
the refrigerator
8 times
S
H
I
F
T
ILVER BULLETS DON’T EXIST
ORIZONTAL IS BETTER THAN VERTICAL
S
H
I
F
T
ILVER BULLETS DON’T EXIST
ORIZONTAL IS BETTER THAN VERTICAL
NNOVATE, DON’T INVENT
LET’S TALK ABOUT
TRIGGERS AND TRUTH
WHAT IS YOUR COMPANY’S
TRUTH?
WHAT ARE YOUR
CUSTOMER’S TRIGGERS?
TRIGGERS
• Basic needs/Replacement
• Convenience
• Scarcity
• Prestige/Aspiration
• Emotional vacuum
• Price/Value
• Brand name
• Fad/Innovation
• Compulsory/requirement
• Ego
• Identity/community affiliation
• peer pressure
• girl scout cookie effect
• reciprocity/guilt
• empathy
• addiction
• Fear
• Indulgence
SOURCES: “WHY WE BUY” BY PACO UNDERHILL; BRYAN EISENBERG
MATCHING YOUR COMPANY’S
TRUTH TO YOUR
CUSTOMER’S TRIGGERS.
WHAT BUSINESS ARE YOU IN?
WHAT BUSINESS ARE YOU IN?
• most businesses don’t sell what they
sell
WHAT BUSINESS ARE YOU IN?
• most businesses don’t sell what they
sell
• instead, they sell hidden value
WHAT BUSINESS ARE YOU IN?
• most businesses don’t sell what they
sell
• instead, they sell hidden value
• Starbucks doesn’t just sell coffee.
They also sell the sights, sounds and
smells of their locations
TRIGGER AND TRUTH EXERCISE
I don’t just sell . I also sell ,
and .
QUESTION:
DOES YOUR TRUTH MATCH
YOUR CUSTOMER’S TRIGGER?
S
H
I
F
T
ILVER BULLETS DON’T EXIST
ORIZONTAL IS BETTER THAN VERTICAL
NNOVATE, DON’T INVENT
S
H
I
F
T
ALL IN LOVE WITH YOUR CUSTOMER, NOT YOUR PRODUCT
ILVER BULLETS DON’T EXIST
ORIZONTAL IS BETTER THAN VERTICAL
NNOVATE, DON’T INVENT
QUESTION: HOW MANY
WAYS ARE THERE TO
GROW A BUSINESS?
3 WAYS TO GROW A BUSINESS
3 WAYS TO GROW A BUSINESS
1.Increase the number of customers
3 WAYS TO GROW A BUSINESS
1.Increase the number of customers
2.increase the average transaction value
3 WAYS TO GROW A BUSINESS
1.Increase the number of customers
2.increase the average transaction value
3.increase the frequency of repurchase
3 WAYS TO GROW A BUSINESS
Current Number of Customers:
Current Average revenue per customer:
Current repurchase frequency:
1,000
$100
2
$200,000
3 WAYS TO GROW A BUSINESS
Current Number of Customers:
Current Average revenue per customer:
Current repurchase frequency:
1,000
$100
2
$200,000
1,100
3 WAYS TO GROW A BUSINESS
Current Number of Customers:
Current Average revenue per customer:
Current repurchase frequency:
1,000
$100
2
$200,000
1,100
$110
3 WAYS TO GROW A BUSINESS
Current Number of Customers:
Current Average revenue per customer:
Current repurchase frequency:
1,000
$100
2
$200,000
1,100
$110
2.2
3 WAYS TO GROW A BUSINESS
Current Number of Customers:
Current Average revenue per customer:
Current repurchase frequency:
1,000
$100
2
$200,000
1,100
$110
2.2
$266,200
3 WAYS TO GROW A BUSINESS
Current Number of Customers:
Current Average revenue per customer:
Current repurchase frequency:
1,000
$100
2
$200,000
1,100
$110
2.2
$266,200
A 10% INCREASE CAN GENERATE A
33% BUMP IN REVENUES!
WHEEL OF MARKETING
Mobile
Social
EmailEvents
Direct response
TV
radio
print
DigitalPaid Search
microsites
affiliate marketing
in store Blogging
outdoor
display
S
H
I
F
T
ALL IN LOVE WITH YOUR CUSTOMER, NOT YOUR PRODUCT
ILVER BULLETS DON’T EXIST
ORIZONTAL IS BETTER THAN VERTICAL
NNOVATE, DON’T INVENT
EST YOUR WAY INTO SUCCESS
ACTION STEPS FOR YOU
LET’S CONNECT
LET’S CONNECT
• jamie.turner@60secondMarketer.com
LET’S CONNECT
• jamie.turner@60secondMarketer.com
• call me at 001-678-313-3472
LET’S CONNECT
• jamie.turner@60secondMarketer.com
• call me at 001-678-313-3472
• @AskJamieTurner

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