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The Biggest Marketing Opportunity in History Is Being Ignored

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0:00

I started marketing when I was 15,

0:02

really actively for my father's

0:04

business. That means I've been marketing

0:05

for over 30 years. Let me tell you a

0:08

story. When I was a young man marketing

0:11

for my dad's liquor store and wine

0:13

store, if you wanted to get people to

0:16

know about you, you had to pay.

0:20

You had to pay. I had to pay a newspaper

0:24

to put an advertising in the newspaper.

0:27

I had to pay

0:30

a cable company to run my TV commercial.

0:33

I had to pay for a billboard to show my

0:36

sign. I had to pay the marketing uh

0:41

direct mail company to make a flyer and

0:44

send it into your mailbox so you would

0:46

see it. I had to pay.

0:48

Today,

0:50

the attention of the world lives in

0:54

here.

0:57

The things that dominate here is gaming

0:59

and entertainment and social networks.

1:03

People here complain that they're not

1:06

getting a lot of views on their videos

1:08

on Instagram or Tik Tok or these

1:11

platforms, but they have forgotten that

1:14

it's free.

1:16

Let me say this nice and slow. Today,

1:21

if you were to advertise on social

1:23

networks, the cost of showing up, not

1:27

making it, but showing up is free. This

1:32

is crazy. Google charges you money when

1:35

somebody clicks.

1:37

Not everybody converts. You try to

1:39

figure out if the amount you pay, do

1:41

enough people convert that it's worth

1:43

your money. But it still costs you

1:44

money.

1:46

The social network revolution is insane.

1:50

It is free to build brand. Most people

1:54

in the world do not produce enough

1:57

content for how big the opportunity is

2:00

for free attention. That is the biggest

2:04

elephant in this room today.

2:08

It is a wow. It's a wow because it's

2:12

[ __ ] free.

2:14

And yet people will complain and say,

2:16

"Oh, Instagram shadowbanned me." Nobody

2:19

shadowbanned me. You, you just suck at

2:21

social media.

2:26

Attention will get you everything you

2:28

want. You want to sell a course?

2:30

Attention. You want to sell a t-shirt?

2:32

Attention. You want to be the mayor of

2:34

this town? Attention. You want to raise

2:37

some money for your nonprofit because

2:39

you're passionate about it? Attention.

2:41

You want to be an actor, attention.

2:43

attention. It is the only asset that

2:46

everyone in here must chase to produce

2:49

what they want.

2:51

Being unemotional

2:53

about where the attention is is very

2:55

important. Too many of you have

2:58

demonized platforms out of your

3:01

subjective opinion, a bad experience.

3:06

And we must get over that hump. Once you

3:09

understand that everything you want to

3:11

happen is about building brand and sales

3:14

in social networks, then you start

3:16

having to get good at it, right? It's

3:20

like health and fitness. I can tell you

3:22

the way to get healthier is to eat

3:24

better and go to the gym. And once you

3:26

understand that, that there's no magic

3:28

pill, then you can do it. The problem is

3:31

there's a good way to work out and

3:33

there's a bad way. There's a good way to

3:35

eat clean and healthy and there's an

3:37

okay way where you get tricked if it's

3:39

really healthy or not. The thing I spend

3:42

all my time on today in my career, even

3:45

though I've been in this for a long time

3:47

on the flight here with Dustin with

3:49

Ragav, all I was talking about was the

3:52

strategies on the creative that we're

3:54

posting in social. Is the thumbnail

3:57

good? Mr. beast spends $150,000

4:01

in testing and production for every

4:04

thumbnail of the videos he puts up on

4:07

YouTube. Now, obviously, he makes an

4:09

incredible amount of money from his

4:10

YouTube videos, but understand the it's

4:13

not about how much I need everybody here

4:15

to understand the commitment. Most

4:18

people here when they post on social

4:20

media post because they're following a

4:22

trend that they think will do well or

4:24

some [ __ ] they want to say, but they

4:26

give no thought. And this is the most

4:28

important line maybe of the entire talk.

4:31

So I want everyone to pay attention.

4:32

They give no thought to the science of

4:36

the art.

4:38

No thought of the math around the art to

4:42

build brand. If the attention goes away

4:44

from Google to search, well, you're not

4:46

going to be able to convert as easily.

4:48

If you're getting your business from

4:50

referrals and affiliates, let me promise

4:52

you, they're getting their traffic from

4:54

Google. If AI wins the next three to

4:57

five years and most of us are going to

4:58

chat GPT or something like it instead of

5:01

Google, it's just what Google did to the

5:04

yellow pages and all the directories of

5:07

before. All the money used to be made by

5:09

people that would open the yellow pages

5:12

or the directories and they would call a

5:14

business that went to Google that went

5:16

out of business. Google is not the end

5:18

state. Google is not the last way it's

5:21

going to be. We are all sitting here

5:23

today and all very aware. How many

5:26

people here have played with an AI bot?

5:28

Have used or tried chat GPT. Raise your

5:30

hand. Actually, stand up. If you've used

5:33

an AI bot, like stand up. I want

5:35

everybody to visualize this. It's very

5:37

important. If you've used chat GPT or

5:40

something like it to search something or

5:42

get information, please stand up and

5:44

don't be lazy. This is very important to

5:46

everybody. I don't care how tired you

5:47

are. Get the [ __ ] up. If you've used

5:49

chat GBT,

5:52

>> I love you back. Now listen

5:54

before you sit down, cuz some of you are

5:56

lazy. Look around. Look around. Look

6:00

around. This is just starting.

6:03

This is just starting. You can sit.

6:07

Thank you for doing that for me. Cuz

6:09

here's what's important.

6:11

Do you know what I am scared about every

6:13

day when I love people in business? that

6:16

they become too high on their own

6:18

supply. Meaning they become complacent

6:22

to what's working today without

6:24

realizing that the thing that's making

6:26

their living and their business is in

6:28

danger.

6:30

Even if you lose 30% of the attention on

6:33

search to chat GPT or something like it,

6:37

that is going to raise your cost of

6:39

clicks and acquisition dramatically

6:41

enough to maybe not make it viable to

6:43

what you sell. It doesn't have to go to

6:45

zero for it to be a problem for you. As

6:48

a matter of fact, as people start

6:50

changing their behavior and 20 or 30%

6:52

less go to Google to look. As that

6:55

number goes down, the people you're

6:56

competing with to be the first result in

6:59

a Google ad are going to start paying

7:00

more because they're going to start

7:02

getting nervous and it's going to drive

7:04

your cost up to compete. Five years ago

7:06

when I was yelling tick tock, tick tock,

7:08

tick tock, tick tock, tick tock, tick

7:10

tock. And all of you thought it was

7:12

little girls dancing,

7:15

I thought it's where the world's

7:16

attention was about to go. Many of you

7:19

who just raised your hands did not take

7:21

advantage of going hard on TikTok when I

7:23

told you. And you left money on the

7:26

table. It doesn't mean that your

7:27

business isn't good. It doesn't mean

7:28

that things aren't fine. It just means

7:30

that you could have been twice as big.

7:33

You know, when people are like, "Gary,

7:34

you keep talking about doing this and

7:35

that, but my business is doing 6

7:38

million." I'm like, "What's wrong with

7:39

12 million?"

7:42

And more importantly, when you're

7:44

complacent and you become lazy and you

7:47

become onedimensional on one or two

7:49

things that work, almost always 6

7:51

million becomes three, not 12. I've been

7:54

following attention on the internet for

7:57

20 years religiously. We are in a moment

8:00

right now where there's more change

8:02

coming in the next 24 months than I've

8:04

seen in a long time since really 2005 67

8:08

when MySpace and Facebook and Twitter

8:11

and I was like okay this is different

8:13

this is not blogging this is different

8:15

this is not dig and reddit this is

8:17

different and obviously social networks

8:20

took us to a totally different place we

8:22

sit here today with AI looming you just

8:25

saw how many people stood up today's

8:28

champion

8:29

is tomorrow's loser.

8:31

There are a lot of people sitting here

8:33

feeling good about themselves based on

8:35

2015 marketing behavior

8:39

and they don't realize that the shift is

8:41

coming and the two or three things that

8:43

they do well are starting to change

8:46

right in front of their eyes. And

8:48

instead of being accountable and putting

8:51

in more work to learn, they're putting

8:53

their head in the sand and saying, "Fuck

8:55

AI. I don't care about Tik Tok. I don't

8:58

need this. I've got this figured out.

9:01

Good news for me. I respect that. You

9:04

have to live your life. If you decide to

9:07

lose 20 to 50% of your business's

9:09

revenue or your growth, that's on you.

9:12

You're not my brother. You're not my

9:15

mother. I actually don't give a [ __ ] if

9:17

you listen to any of my advice.

9:20

On the flip side, the last 20 years of

9:23

my career has been very, very, very

9:25

enjoyable.

9:26

I know that in two years I will be on a

9:29

flight to Dubai. I'll catch up on all my

9:32

work and five of you in this audience

9:34

will email me and say,"I was at your

9:37

talk in August of 23 in Brazil and I was

9:40

strictly doing affiliate lowerfunnel and

9:43

you convinced me to get serious about

9:45

building brand and social and focusing

9:47

on what's going on in AI and I just want

9:50

to thank you because you were right. I

9:53

was slowly declining a little bit or I

9:55

was flat and since there my business has

9:57

doubled. That is an email that I am

10:00

lucky enough to get almost daily over

10:03

the last 10 years. That is my intent.

10:06

Attention can be very overpriced and it

10:09

could be very underpriced and there is

10:11

no general rule. How many people here do

10:14

for their company have done marketing

10:17

with influencers or creators? You've

10:19

paid an influencer or creator to bring

10:21

awareness to your business. Raise your

10:22

hands. Raise them high, please.

10:25

Influencers

10:27

in general, remarkably possible for it

10:30

to be underpriced. You can pay an

10:32

influencer a couple hundred bucks,

10:34

couple thousand bucks, 10,000 bucks and

10:37

get enormous return on your investment.

10:39

On the flip side, how many people here

10:42

have paid influencers and it was a [ __ ]

10:44

show? Did not do anything? Raise your

10:46

hands.

10:48

How many people here have done things

10:49

with influencers and it was a very good

10:51

thing and was good for your business?

10:52

Raise your hands.

10:55

Almost everyone who raised their hand

10:57

for the first thing raised their hand

10:59

for the second thing. This is why I want

11:02

to talk about attention per behavior in

11:06

the world we live in today. Many of you

11:08

may ask, is influencer marketing good?

11:10

The answer is maybe. It can be good, it

11:13

can be bad. That is actually the same

11:17

for everything.

11:19

If you think about it, a football is

11:22

that good for your business? For Messi,

11:26

it was very good. For Ronaldo, it was

11:29

very good. They made billions of

11:31

dollars. The ROI of a football for those

11:34

human beings was a lot. For me, I played

11:37

two weekends ago and I hurt my

11:39

hamstring.

11:42

That was negative ROI. The following

11:46

platforms have huge opportunities for

11:49

business growth, but you may do well

11:51

with it or you may not do well with it.

11:53

It is based on your skill on how you

11:56

pick the influencers, what you're

11:58

looking for the influencers to do, the

12:00

direction you've given the influencers

12:02

to do what you want to do. And the same

12:04

is true for the content you make on

12:07

YouTube, on Facebook, on Instagram, on

12:10

Snapchat, on Pinterest. Every one of the

12:13

top 10 platforms in the world are an

12:16

incredible opportunity for many people

12:18

here. The problem is, if you think back

12:21

to the other things you've done, email

12:23

marketing, affiliate, Google AdWords,

12:27

it didn't do well at first either

12:29

potentially because you didn't know what

12:30

you were doing.

12:32

The key here is to leave this conference

12:34

understanding that you have to put in

12:36

the work. Put in the work to actually be

12:40

good at the craft. Not everybody in this

12:45

hall, in this conference, should be

12:47

making videos on the internet. They're

12:50

not good at it. And that's okay. You can

12:52

practice and get better, but maybe it's

12:55

just not for you. And that's okay. I

12:58

think the biggest problem today is that

13:00

most people feel to be good at social

13:02

media, you have to be on camera. And

13:04

that is crazy. You have a business. When

13:07

you have a business, you do not have to

13:09

be on camera. It's a good thing to be on

13:11

camera. If you like it or you're good at

13:13

it, you should be on camera. But if you

13:16

are not good at it and you do not like

13:18

it and you genuinely understand

13:20

yourself, I know no matter how much I

13:23

practice singing, I will only be so

13:26

good. I will be better in a year if I

13:29

practice singing every day than I would

13:32

sing tonight.

13:33

But I'll still be at a very low level. I

13:36

can never be Beyonce.

13:40

I can practice football like I did two

13:42

Sundays ago, but I promise you there is

13:44

no World Cup in my future.

13:48

Other things I was able to maximize. All

13:51

that practice as a child selling

13:53

lemonades and baseball cards and wine

13:56

led me to being a very successful

13:58

entrepreneur. That is true for everyone

14:00

here. You need to figure out if you are

14:04

not doing this because you don't want to

14:06

and you're not good at it or because of

14:08

the thing that scares me the most in

14:10

this room today. that the reason most of

14:13

you aren't doing what I'm talking about,

14:16

even though you didn't need me here to

14:18

fly 12 hours to tell you to do it, is

14:21

because you're scared of other people's

14:23

opinions when they leave comments on

14:26

what you post.

14:28

The biggest thing I fear is that you are

14:31

not living your happiest life or your

14:34

most successful business because you are

14:36

worried about the opinion of someone who

14:39

is anonymous

14:42

on the internet.

14:44

I'm just going to give you one tidbit on

14:46

this. If a human being lives a life

14:50

where they spend their time going around

14:53

social networks finding your content and

14:56

leaving something nasty about you that

14:58

you are not good-looking, that you are

15:00

stupid, that you don't know what you're

15:01

talking about. Do not feel bad for

15:03

yourself. Feel bad for them.

15:09

[applause]

15:13

Do you know how sad of a life it is to

15:16

take your time to seek out people on the

15:19

internet that you don't know and leave

15:21

nasty comments to make them feel bad?

15:23

That person is in a very bad place. When

15:26

I say feel bad for them, I don't mean

15:28

say [ __ ] you and be mad at them. I'm

15:30

saying have compassion and sympathy for

15:33

them that they are in a bad place in

15:35

their lives. that they are spending

15:37

their valuable time to try to hurt your

15:39

feelings, someone they probably don't

15:41

even know. If we can get the world to

15:45

have more compassion

15:47

for the people that are nasty,

15:50

the world can be in a much better place.

15:53

And more importantly, thank you. And

15:55

more importantly, that's a big goal.

15:58

You'll be happier if you can find

16:01

compassion and empathy for people that

16:03

are dragging you down. Do not let your

16:05

self-esteem be wrapped up in the fact

16:07

that you only got 25 views on a video. I

16:10

only got 25 views on my first video,

16:12

too, and my second and my fourth and my

16:15

ninth. Nobody was watching my [ __ ]

16:18

[ __ ] But I knew that the video on the

16:20

internet thing in 2006 was going to

16:22

happen. And I put in the work. All the

16:25

best stuff is happening when you're

16:27

putting in the work, not the results.

16:30

So, please be self-aware of who you are.

16:33

Are you insecure? Or are you self-aware

16:36

and realize video is not your format?

16:39

But maybe the written word is. This is

16:43

the remote control of the universe.

16:48

Every single thing that you are sitting

16:51

here on the ground or in a seat hoping

16:53

and dreaming could happen can happen

16:56

because of this.

16:58

The only thing that's stopping you is

17:00

your mental perspective or your lack of

17:04

knowledge on how to do it.

17:07

Please, no matter what you do, please

17:10

get serious about LinkedIn, YouTube,

17:13

YouTube Shorts, Twitter X, Snap,

17:16

Instagram, Tik Tok. Please get serious.

17:20

The attention of the entire world is on

17:23

these eight or nine platforms at scale.

17:26

It costs zero

17:28

money to post on it. This is an

17:31

opportunity that has never existed in

17:34

the history of mankind and we are all

17:37

sitting here on our hands not doing

17:40

enough. This is a [ __ ] business

17:42

conference and you're [ __ ] sitting

17:44

here and not posting on social every

17:45

day. You don't have to cuz you don't

17:47

GIVE A [ __ ] MASLETOOUGH, I'm happy. BUT

17:50

IF YOU ARE NOT posting on social because

17:53

your business is good enough and you're

17:55

happy, please be careful. I've seen this

17:58

movie over and over. And now I have gray

18:01

hairs. And kids, you know what happens

18:03

with gray hairs? Experience. And you

18:06

know what comes with experience? You've

18:08

seen this movie before. I was at

18:10

conferences like this 15 years ago when

18:13

everyone was like, I'm good. I have

18:15

email marketing. I don't need search. I

18:18

was at conferences when people said,

18:19

"I'm good with search. I'm perfect. I

18:22

got search. I don't need YouTube.

18:24

YouTube's a fad. Twitter's a fad.

18:27

Facebook's a fad. Tik Tok's a fad." I

18:30

remember for some of you that are older,

18:32

remember this thing. How many people

18:35

here had a Blackberry before this phone?

18:37

Raise your hands. Raise it high.

18:41

Kids, keep it high. One more time. Keep

18:44

it up. Kids, do you know how many of

18:46

these people that raised their hands

18:47

said they would never get an iPhone

18:48

because they needed the buttons on the

18:50

[ __ ] Blackberry?

18:52

Humans are very good at saying no. No, I

18:56

don't want to know AI. It's bad. No, I

18:59

don't care about Tik Tok. It's for kids.

19:01

Brazil, as I leave this stage, I ask you

19:04

for one thing. If you sit in this

19:06

audience and you say no a lot, promise

19:10

me one thing. Change that no to maybe.

19:15

Maybe. Maybe. Spend five hours actually

19:19

downloading and researching and trying.

19:22

Taste it. Taste it. You do that, you'll

19:26

find yourself in a much bigger place

19:28

than you started.

19:31

Thank you.

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