[A Sip of Books] Secrets of Marketing Designers Who Launch Businesses
Some sentences encapsulate the entire content of the book itself, while others instantly resonate with the reader’s heart, creating a connection with the book. Here, we excerpt and introduce such meaningful sentences from the book. - Editor’s note
This is the first book in the ‘Science of Startups’ series by Russell Brunson, who built a marketing company worth 100 billion won and emerged as a new legend in marketing. It introduces how to design a marketing system where the entire sales process flows naturally?from writing the first ad copy to the moment the customer clicks the purchase button. It teaches how to design the entire sales process as a single automated ‘marketing system’ through meticulous analysis of consumer psychology and value enhancement strategies in a saturated market. The core explanation centers on the exquisite interplay of two key strategies: the ‘sales funnel,’ which refers to the journey a potential customer takes until purchase, and the ‘value ladder,’ which guides customers to higher-value and higher-priced products.
“Have you recovered from getting blindsided by Google?” “No, I stopped buying ads. I don’t know what to do now.” Then I heard that friend’s smiling voice(!). “Hey, we figured it out. We found out how you can make money with ads!” “What? How?” “Do you know how much McDonald’s spends to advertise their drive-thru? $1.91. That means they only make $0.18 profit when selling a burger for $2.09.” “I didn’t know that. But what does that have to do with my website?” “Listen carefully. After a customer orders a burger, the salesperson asks a magical question: ‘Would you like fries and a Coke with that?’ That upsell amount is $1.77. So McDonald’s makes $1.32 profit per customer from upselling! $1.32 is eight times the profit from the initial sale!” My friend was very excited, but I didn’t immediately realize how that related to me. - From 「SECRET0 | What is a Funnel」
‘Customers with confused minds invariably refuse to buy.’ This is a basic rule of marketing. Most websites have too many buttons, too many required actions, and menus leading to hundreds of different pages. If such websites excel at one thing, it is confusing people. On the other hand, funnels are designed for simplification. Although they may look like websites, each webpage and step allows only one action to be chosen. There is a strategy behind someone viewing a webpage and following it. - From 「SECRET0 | What is a Funnel」
“You should know there are two ways to offer the lowest-priced product in the market. One is to lower the price of the product you sell. That means you reduce your profit margin accordingly. The other is to increase the value of the product. If you raise the value but sell it at the same price, the product does not appear expensive at all.” Then I explained how I used the framework called ‘Hook, Story, Offer.’ “At first, I started with a hook to grab your attention. I said, ‘Within the next 10 minutes, someone here will offer $100,000 to buy this phone,’ right? Then, to increase the perceived value of my phone (the subjective value a consumer feels about a product - translator’s note), I told you a story related to my phone. Then I made an offer. What happened? In just a few minutes, the value of this phone jumped from $600 to $750,000.” - From 「SECRET2 | Hook, Story, Offer」
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Marketing Architect | Russell Brunson | Translated by Lee Kyung-sik | Willbook | 472 pages | 24,800 KRW
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