Presentation that shows how the classic rules of marketing still apply in an era when marketing tactics are progressing at an ever-increasing pace. Great tool for startups and younger marketing professionals to use as they develop strategies.

1. GET OLD SCHOOLED
The 5 Timeless Marketing Rules
Startups Need to Know
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2. 2
The World Has Changed
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3. 3
The World Has Changed
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4. 4
The World Has Changed
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5. 5
But People are (Surprisingly)
Still the Same
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6. 6
Some Rules Change,
Others Remain
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7. 7
5 Timeless Rules of Marketing
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@JayWeinberg

8. 8
5 Timeless Rules of Marketing
Rule #1: 40/40/20
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9. 9
40/40/20
• 40% of the success of a campaign is due to the audience
• 40% is due to the offer
• 20% is due to the creative
• Developed by Ed Mayer in the 1960’s
Creative
, 20% List,
40%
Product/
Offer,
40%
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10. 10
40/40/20
• Why it’s still relevant
• You’re still market to people. Market to the right people and you
will have the best chance for success
• How well defined are they?
• Do you have permission?
• Can you locate them?
• Your products and offer is what people care about
• Groupon’s humor does not translate to success
• Spend your time and money accordingly
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11. 11
40/40/20
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12. 12
5 Timeless Rules of Marketing
Rule #1: 40/40/20
Rule #2: RFM
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13. 13
RFM
• Recency, Frequency, Monetary Value
• Recency: When was the last time they purchased?
• Frequency: How many times have they purchased?
• Monetary Value: How much money have they spent?
• Used to determine relative value of customers
R F M Total
104556 Jones, John 5 4 5 14
106225 Brown, William 5 4 4 13
103044 Martin, Howard 4 3 2 9
104788 Long, James 3 1 3 7
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14. 14
RFM
• Why it’s still relevant
• Customer value helps you optimize your marketing
• No matter what business you’re in, customers are NOT equal
• If you segmented your customers based on value, some type of RFM
would be the discriminating variables
• Spend your time and money on the people who matter
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15. 15
5 Timeless Rules of Marketing
Rule #1: 40/40/20
Rule #2: RFM
Rule #3: 80/20
Copyright © Paramount Pictures
@JayWeinberg

16. 16
80/20
• Pareto Principle
• Applied to business, 80% of your revenue (and/or profits)
comes from 20% of your customers
• It may apply to your products as well
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17. 17
80/20
• Why it’s still relevant
• It still applies somewhere to almost every business
• Think about social media
• 80% of your outbound posts (blog, Facebook, Twitter) are read by 20%
of your audience
• 80% of your inbound communications (replied, posts) are from 20% of
your audience
• Think about email marketing
• 80% of opens come from 20% of audience
• 80% of clicks come from 20% of opens
• Use it to continuously improve your marketing efforts
• Identify your top 20% and learn as much as you can about them
• Keep the top customers happy
• Identify customers in the bottom 80% who have the best potential
@JayWeinberg

18. 18
5 Timeless Rules of Marketing
Rule #1: 40/40/20
Rule #2: RFM
Rule #3: 80/20
Rule #4: AIDA
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@JayWeinberg

19. 19
AIDA
• Attention, Interest, Desire, Action
• Over 100 years old
• Tracks the steps needed to make marketing work
• Attention: Creative message that attracts attention of the target
market (example: AdWords)
• Interest: Engage prospect with benefits and solutions
• Desire: Convince prospect that your product is the solution
• Action: Make it easy to buy (example: sales funnel)
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20. 20
AIDA
• Why it’s still relevant
• UX has AIDA in its DNA
• Human behavior has not fundamentally changed
• The AIDA process can happen within seconds or months
• Know your customer and their needs
• Bonus! Great article on the application of AIDA to web
design and app design
• http://www.noupe.com/design/the-aida-marketing-model-in-web-
design.html
@JayWeinberg

21. 21
5 Timeless Rules of Marketing
Rule #1: 40/40/20
Rule #2: RFM
Rule #3: 80/20
Rule #4: AIDA
Rule #5: $>%
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@JayWeinberg

22. 22
$ Off > % Off
• Dollars off beats percent off
• Direct mail rule since the 80’s
• If value is relatively equal, dollars off will prevail
• People still don’t like to think (and we’re still lousy at math)
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23. 23
$ Off > % Off
• Why it’s still relevant
• No matter the channel or tactic, people like simplicity
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24. 24
$ Off > % Off
4000
+ 30
4030
+ 20
4050
+ 40
4090
+ 10
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4100

25. 25
Summary
The Rules Behind the Rules
1. The audience and the message is most important
2. All customers are not created equal
3. The minority accounts for the majority
4. There is a buying process for your product
5. People don’t like to think (KISS)
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@JayWeinberg

26. 26
Questions?
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27. 27
Thanks for listening!
Jay Weinberg 312-447-0414 x1
The JAY Group Skype: jayweinberg
444 N Wells St. Ste 304 jay@thejaygroup.com
Chicago, IL 60654 www.thejaygroup.com
@JayWeinberg