The Biggest Marketing Opportunity in History Is Being Ignored
FULL TRANSCRIPT
I started marketing when I was 15,
really actively for my father's
business. That means I've been marketing
for over 30 years. Let me tell you a
story. When I was a young man marketing
for my dad's liquor store and wine
store, if you wanted to get people to
know about you, you had to pay.
You had to pay. I had to pay a newspaper
to put an advertising in the newspaper.
I had to pay
a cable company to run my TV commercial.
I had to pay for a billboard to show my
sign. I had to pay the marketing uh
direct mail company to make a flyer and
send it into your mailbox so you would
see it. I had to pay.
Today,
the attention of the world lives in
here.
The things that dominate here is gaming
and entertainment and social networks.
People here complain that they're not
getting a lot of views on their videos
on Instagram or Tik Tok or these
platforms, but they have forgotten that
it's free.
Let me say this nice and slow. Today,
if you were to advertise on social
networks, the cost of showing up, not
making it, but showing up is free. This
is crazy. Google charges you money when
somebody clicks.
Not everybody converts. You try to
figure out if the amount you pay, do
enough people convert that it's worth
your money. But it still costs you
money.
The social network revolution is insane.
It is free to build brand. Most people
in the world do not produce enough
content for how big the opportunity is
for free attention. That is the biggest
elephant in this room today.
It is a wow. It's a wow because it's
[ __ ] free.
And yet people will complain and say,
"Oh, Instagram shadowbanned me." Nobody
shadowbanned me. You, you just suck at
social media.
Attention will get you everything you
want. You want to sell a course?
Attention. You want to sell a t-shirt?
Attention. You want to be the mayor of
this town? Attention. You want to raise
some money for your nonprofit because
you're passionate about it? Attention.
You want to be an actor, attention.
attention. It is the only asset that
everyone in here must chase to produce
what they want.
Being unemotional
about where the attention is is very
important. Too many of you have
demonized platforms out of your
subjective opinion, a bad experience.
And we must get over that hump. Once you
understand that everything you want to
happen is about building brand and sales
in social networks, then you start
having to get good at it, right? It's
like health and fitness. I can tell you
the way to get healthier is to eat
better and go to the gym. And once you
understand that, that there's no magic
pill, then you can do it. The problem is
there's a good way to work out and
there's a bad way. There's a good way to
eat clean and healthy and there's an
okay way where you get tricked if it's
really healthy or not. The thing I spend
all my time on today in my career, even
though I've been in this for a long time
on the flight here with Dustin with
Ragav, all I was talking about was the
strategies on the creative that we're
posting in social. Is the thumbnail
good? Mr. beast spends $150,000
in testing and production for every
thumbnail of the videos he puts up on
YouTube. Now, obviously, he makes an
incredible amount of money from his
YouTube videos, but understand the it's
not about how much I need everybody here
to understand the commitment. Most
people here when they post on social
media post because they're following a
trend that they think will do well or
some [ __ ] they want to say, but they
give no thought. And this is the most
important line maybe of the entire talk.
So I want everyone to pay attention.
They give no thought to the science of
the art.
No thought of the math around the art to
build brand. If the attention goes away
from Google to search, well, you're not
going to be able to convert as easily.
If you're getting your business from
referrals and affiliates, let me promise
you, they're getting their traffic from
Google. If AI wins the next three to
five years and most of us are going to
chat GPT or something like it instead of
Google, it's just what Google did to the
yellow pages and all the directories of
before. All the money used to be made by
people that would open the yellow pages
or the directories and they would call a
business that went to Google that went
out of business. Google is not the end
state. Google is not the last way it's
going to be. We are all sitting here
today and all very aware. How many
people here have played with an AI bot?
Have used or tried chat GPT. Raise your
hand. Actually, stand up. If you've used
an AI bot, like stand up. I want
everybody to visualize this. It's very
important. If you've used chat GPT or
something like it to search something or
get information, please stand up and
don't be lazy. This is very important to
everybody. I don't care how tired you
are. Get the [ __ ] up. If you've used
chat GBT,
>> I love you back. Now listen
before you sit down, cuz some of you are
lazy. Look around. Look around. Look
around. This is just starting.
This is just starting. You can sit.
Thank you for doing that for me. Cuz
here's what's important.
Do you know what I am scared about every
day when I love people in business? that
they become too high on their own
supply. Meaning they become complacent
to what's working today without
realizing that the thing that's making
their living and their business is in
danger.
Even if you lose 30% of the attention on
search to chat GPT or something like it,
that is going to raise your cost of
clicks and acquisition dramatically
enough to maybe not make it viable to
what you sell. It doesn't have to go to
zero for it to be a problem for you. As
a matter of fact, as people start
changing their behavior and 20 or 30%
less go to Google to look. As that
number goes down, the people you're
competing with to be the first result in
a Google ad are going to start paying
more because they're going to start
getting nervous and it's going to drive
your cost up to compete. Five years ago
when I was yelling tick tock, tick tock,
tick tock, tick tock, tick tock, tick
tock. And all of you thought it was
little girls dancing,
I thought it's where the world's
attention was about to go. Many of you
who just raised your hands did not take
advantage of going hard on TikTok when I
told you. And you left money on the
table. It doesn't mean that your
business isn't good. It doesn't mean
that things aren't fine. It just means
that you could have been twice as big.
You know, when people are like, "Gary,
you keep talking about doing this and
that, but my business is doing 6
million." I'm like, "What's wrong with
12 million?"
And more importantly, when you're
complacent and you become lazy and you
become onedimensional on one or two
things that work, almost always 6
million becomes three, not 12. I've been
following attention on the internet for
20 years religiously. We are in a moment
right now where there's more change
coming in the next 24 months than I've
seen in a long time since really 2005 67
when MySpace and Facebook and Twitter
and I was like okay this is different
this is not blogging this is different
this is not dig and reddit this is
different and obviously social networks
took us to a totally different place we
sit here today with AI looming you just
saw how many people stood up today's
champion
is tomorrow's loser.
There are a lot of people sitting here
feeling good about themselves based on
2015 marketing behavior
and they don't realize that the shift is
coming and the two or three things that
they do well are starting to change
right in front of their eyes. And
instead of being accountable and putting
in more work to learn, they're putting
their head in the sand and saying, "Fuck
AI. I don't care about Tik Tok. I don't
need this. I've got this figured out.
Good news for me. I respect that. You
have to live your life. If you decide to
lose 20 to 50% of your business's
revenue or your growth, that's on you.
You're not my brother. You're not my
mother. I actually don't give a [ __ ] if
you listen to any of my advice.
On the flip side, the last 20 years of
my career has been very, very, very
enjoyable.
I know that in two years I will be on a
flight to Dubai. I'll catch up on all my
work and five of you in this audience
will email me and say,"I was at your
talk in August of 23 in Brazil and I was
strictly doing affiliate lowerfunnel and
you convinced me to get serious about
building brand and social and focusing
on what's going on in AI and I just want
to thank you because you were right. I
was slowly declining a little bit or I
was flat and since there my business has
doubled. That is an email that I am
lucky enough to get almost daily over
the last 10 years. That is my intent.
Attention can be very overpriced and it
could be very underpriced and there is
no general rule. How many people here do
for their company have done marketing
with influencers or creators? You've
paid an influencer or creator to bring
awareness to your business. Raise your
hands. Raise them high, please.
Influencers
in general, remarkably possible for it
to be underpriced. You can pay an
influencer a couple hundred bucks,
couple thousand bucks, 10,000 bucks and
get enormous return on your investment.
On the flip side, how many people here
have paid influencers and it was a [ __ ]
show? Did not do anything? Raise your
hands.
How many people here have done things
with influencers and it was a very good
thing and was good for your business?
Raise your hands.
Almost everyone who raised their hand
for the first thing raised their hand
for the second thing. This is why I want
to talk about attention per behavior in
the world we live in today. Many of you
may ask, is influencer marketing good?
The answer is maybe. It can be good, it
can be bad. That is actually the same
for everything.
If you think about it, a football is
that good for your business? For Messi,
it was very good. For Ronaldo, it was
very good. They made billions of
dollars. The ROI of a football for those
human beings was a lot. For me, I played
two weekends ago and I hurt my
hamstring.
That was negative ROI. The following
platforms have huge opportunities for
business growth, but you may do well
with it or you may not do well with it.
It is based on your skill on how you
pick the influencers, what you're
looking for the influencers to do, the
direction you've given the influencers
to do what you want to do. And the same
is true for the content you make on
YouTube, on Facebook, on Instagram, on
Snapchat, on Pinterest. Every one of the
top 10 platforms in the world are an
incredible opportunity for many people
here. The problem is, if you think back
to the other things you've done, email
marketing, affiliate, Google AdWords,
it didn't do well at first either
potentially because you didn't know what
you were doing.
The key here is to leave this conference
understanding that you have to put in
the work. Put in the work to actually be
good at the craft. Not everybody in this
hall, in this conference, should be
making videos on the internet. They're
not good at it. And that's okay. You can
practice and get better, but maybe it's
just not for you. And that's okay. I
think the biggest problem today is that
most people feel to be good at social
media, you have to be on camera. And
that is crazy. You have a business. When
you have a business, you do not have to
be on camera. It's a good thing to be on
camera. If you like it or you're good at
it, you should be on camera. But if you
are not good at it and you do not like
it and you genuinely understand
yourself, I know no matter how much I
practice singing, I will only be so
good. I will be better in a year if I
practice singing every day than I would
sing tonight.
But I'll still be at a very low level. I
can never be Beyonce.
I can practice football like I did two
Sundays ago, but I promise you there is
no World Cup in my future.
Other things I was able to maximize. All
that practice as a child selling
lemonades and baseball cards and wine
led me to being a very successful
entrepreneur. That is true for everyone
here. You need to figure out if you are
not doing this because you don't want to
and you're not good at it or because of
the thing that scares me the most in
this room today. that the reason most of
you aren't doing what I'm talking about,
even though you didn't need me here to
fly 12 hours to tell you to do it, is
because you're scared of other people's
opinions when they leave comments on
what you post.
The biggest thing I fear is that you are
not living your happiest life or your
most successful business because you are
worried about the opinion of someone who
is anonymous
on the internet.
I'm just going to give you one tidbit on
this. If a human being lives a life
where they spend their time going around
social networks finding your content and
leaving something nasty about you that
you are not good-looking, that you are
stupid, that you don't know what you're
talking about. Do not feel bad for
yourself. Feel bad for them.
[applause]
Do you know how sad of a life it is to
take your time to seek out people on the
internet that you don't know and leave
nasty comments to make them feel bad?
That person is in a very bad place. When
I say feel bad for them, I don't mean
say [ __ ] you and be mad at them. I'm
saying have compassion and sympathy for
them that they are in a bad place in
their lives. that they are spending
their valuable time to try to hurt your
feelings, someone they probably don't
even know. If we can get the world to
have more compassion
for the people that are nasty,
the world can be in a much better place.
And more importantly, thank you. And
more importantly, that's a big goal.
You'll be happier if you can find
compassion and empathy for people that
are dragging you down. Do not let your
self-esteem be wrapped up in the fact
that you only got 25 views on a video. I
only got 25 views on my first video,
too, and my second and my fourth and my
ninth. Nobody was watching my [ __ ]
[ __ ] But I knew that the video on the
internet thing in 2006 was going to
happen. And I put in the work. All the
best stuff is happening when you're
putting in the work, not the results.
So, please be self-aware of who you are.
Are you insecure? Or are you self-aware
and realize video is not your format?
But maybe the written word is. This is
the remote control of the universe.
Every single thing that you are sitting
here on the ground or in a seat hoping
and dreaming could happen can happen
because of this.
The only thing that's stopping you is
your mental perspective or your lack of
knowledge on how to do it.
Please, no matter what you do, please
get serious about LinkedIn, YouTube,
YouTube Shorts, Twitter X, Snap,
Instagram, Tik Tok. Please get serious.
The attention of the entire world is on
these eight or nine platforms at scale.
It costs zero
money to post on it. This is an
opportunity that has never existed in
the history of mankind and we are all
sitting here on our hands not doing
enough. This is a [ __ ] business
conference and you're [ __ ] sitting
here and not posting on social every
day. You don't have to cuz you don't
GIVE A [ __ ] MASLETOOUGH, I'm happy. BUT
IF YOU ARE NOT posting on social because
your business is good enough and you're
happy, please be careful. I've seen this
movie over and over. And now I have gray
hairs. And kids, you know what happens
with gray hairs? Experience. And you
know what comes with experience? You've
seen this movie before. I was at
conferences like this 15 years ago when
everyone was like, I'm good. I have
email marketing. I don't need search. I
was at conferences when people said,
"I'm good with search. I'm perfect. I
got search. I don't need YouTube.
YouTube's a fad. Twitter's a fad.
Facebook's a fad. Tik Tok's a fad." I
remember for some of you that are older,
remember this thing. How many people
here had a Blackberry before this phone?
Raise your hands. Raise it high.
Kids, keep it high. One more time. Keep
it up. Kids, do you know how many of
these people that raised their hands
said they would never get an iPhone
because they needed the buttons on the
[ __ ] Blackberry?
Humans are very good at saying no. No, I
don't want to know AI. It's bad. No, I
don't care about Tik Tok. It's for kids.
Brazil, as I leave this stage, I ask you
for one thing. If you sit in this
audience and you say no a lot, promise
me one thing. Change that no to maybe.
Maybe. Maybe. Spend five hours actually
downloading and researching and trying.
Taste it. Taste it. You do that, you'll
find yourself in a much bigger place
than you started.
Thank you.
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