Unabhängiges Fanprojekt, keine Verbindung zu Alex oder Leila Hormozi oder ihren Unternehmen.

Clip · MoreMozi

Der Fehler, zu wenig Werbebudget einzusetzen

Alex erklärt, warum viele Unternehmer zu wenig in Werbung investieren und welche Folgen das für das Wachstum ihres Business hat.

Personen
Alex
Kanal
MoreMozi

mehr von Alex Hormozi

Mehr Details
Format
Clip
Dauer
6:48
Herkunft
MoreMozi Videos
Originaltitel
You need to advertise more.
Transkript
Volltranskript auf dieser Seite

Was du mitnimmst

  • Mehr Werbung bedeutet nicht nur mehr Geld, sondern auch mehr Creatives und mehr Plattformen.
  • Reihenfolge nach Risiko: erst mehr Creatives, dann mehr Ad Budget, dann neue Plattformen erschließen.
  • Der Launch mit über 105 Millionen Umsatz brauchte vorab mehr als 2000 produzierte Werbeanzeigen.
  • Mit nur 5 Editoren, die je 5 Anzeigen am Tag schaffen, kommt man nie auf ein Volumen von 2000 Anzeigen.

Volltranskript

Das Transkript ist das englische Original mit Timecodes. Die deutsche Zusammenfassung steht oben. Sprecher werden automatisch zugeordnet.

9 Abschnitte

0:00for each of the different ways of the core four, the ways of the warrior, the ways of the marketer, right? We have our I'll redraw this for everybody. We have our outbound, we've got outbound, we've got uh we got paid paid ads, and then we've got, you know, organic or content, right? We've got organic. Okay. Now, how do we do more? Right? So, from an ads perspective, we'll start here. More can simply mean more money. It could also mean more creative. It could mean more platforms. All of these things are versions of more. And so I will typically do this in reverse order of risk, right? And so that means that I think that if I'm going to if I put this in order for paid, it'd be like, okay, well, the first I'm going to do is make more creative. If I have more creative, I have a higher chance of getting more winners. If I have more winners, then I'm going to get better rorowaz and I'll be able to scale to more markets, more avatars, more segments. Great. So that's the first more I'm going to do. The second more I'm going to do is I'm going to say I'm going to spend more money on ads. How can I take my $100 a day and spend it for $1,000 a day? What stops me from doing that? Right? And then third, if I do step one and step two and I make way more creative and I spend more money, then at that point I say, okay, what now that I built this machine that can create 10 times the the creative volume, how do I do this um within the context of uh Instagram or how do I do this in the context of Tik Tok or how to do this in the context of X, right? Each of these platforms. So, some of you guys don't know this, but for the launch, for the money models launch, this puppy, right? So, for this guy, the reason we were able to do 105 point whatever million at the launch is because we didn't just like we advertised so much, right? So, we did, I think, 2,000 plus ads before the six weeks out began. We had banked those 2,000 at 2,000 like count to a hundred and then do that 20 times and if you count it they'd be like wow this is really boring. That's how long it takes to count to 2,00. We made 2,000 ads, which takes significantly longer than counting to 2,000. And so this is what people dramatically misunderstand is the amount of work it takes to do more because then I can say, well, my editor, I only have five editors and I can't do they can only do, you know, they can only do five ads a day each and that's 25 ads a day is all we can put out. Well, if I got to 2,000 ads, do I think that I would have a higher likelihood of hitting this big goal? Yes. What would it take? So it turned out, we did the math, it took 15 editors. And so that means that we had to contract 10 more to do the editing.

2:35What does that cost? A lot less than 105 million. So we did it right. So we figure out what would it take to get this big goal in terms of volume. And then what are the resources required to do that? And then is it worth it? And most times the answer is a resounding yes, not a small yes, a big ass yes. And so then we say then what's stopping us? And the answer is almost always nothing.

3:00Just do more. Now, that's how I would attack paid from a more perspective, right? From a from a content perspective, it's the same thing in terms of scaling uh scaling editors. Now, one of the interesting things about doing more is that doing more is so painful, right? It's so much work. It's a lot of work to do more. But that pain forces another forcing function which you don't need to try to do. it will occur on its own which is you will try and minimize how much work you're doing or at least you will try and get more if you have a fixed work like I'm going to do 100 calls no matter what I'm going to do 100 minutes of content no matter what do you think happens you think man it'd be really nice if I got higher pickup rates so then you start looking at your time and saying you know people pick up more in the afternoons for my market or they they pick up really hot between 5 and 7 a.m.

3:48in this particular market, whatever, assuming you, you know, follow the law, whatever, you start getting better. You start looking at the data. You start saying, go like, if I'm going to do all this work, I might as well make it worth it, right? But you have to put yourself in that pain. That pain of the lack of leverage, the pain of it being um inefficient to drive. There's a massive spit club that just came out. You missed that one. That was that was epic. So you have this massive inefficiency that happens, but you have to keep it there because what happens otherwise is like the weak-minded, the weak of will do a hundred for one day or two days in a row and they'll say, I didn't get the result I wanted. So it's like, duh, of course you didn't. You didn't do nearly enough.

4:28And so the reason that your businesses may feel volatile or erratic, you're like, I don't know why. Sometimes we have high sales, sometimes we have low sales. It looks like this, right? So let's say that, let's walk through an example. Let's say that you do one sale on Monday of this week and then you do one sale on Thursday of next week and you do one I'm going to make I'm not going to draw in the whole thing. So let's say one sale on Friday uh of the the following week and then one sale on you know Tuesday of the week after that. So you're doing one sale a week and they're kind of happening all over the place. So your your sales look like this, right? That's that's what they look like.

5:01Let me give you the the realest take I possibly can. There is a level of advertising that is occurring that is generating four sales per month for you. There's a level of letting people know about your stuff that is happening. If you want to get to one sale a day, you would have to 7x that level of advertising. Period. And you might even have some inefficiencies because you might not get the same out of you doing 7x. So you might have to 14x assuming your efficiency drops.

5:36And so what? How much would it take for me to do this 14x? And is the amount that it takes me to do the 14x less than a 7x for my business? If the answer is no, then what's stopping you? Right? And so this this thinking pattern is why I think people stay small. They get obsessed with the margin. They get obsessed with with the relative returns.

6:02They get obsessed with the optimization. But sometimes you just have to do a violent unreasonable amount of work for an extended period of time because part of volume is the consistency associated with it. We couldn't make 2,000 ads in a day. We had to make 25 or 50 ads and we had to do it every single day for hundreds of days in a row to get to the point where we could make 2,000. Right? And that was before we started. We ended up what with 3,000

6:27>> 2,800 >> 2,800. We made 2,800 ads. But we're like, man, I can't I can't scale my ads a certain way. You don't have enough. We spent 500,000 a day per day at the end of the launch, the last few days. And you can only get to that level of scale with an equal amount of scale in terms of the inputs.