When in comes to CVR, price isnāt your problemāitās the value story.
Hereās 9 ways to frame your productās price in terms of what it unlocks:
Cost Per Use
Show how often customers will use your product to make the price feel justified.
Example: A $150 jacket worn 3x a week for 3 winters = just 50Ā¢ per wear.
Longevity turns āexpensiveā into a smart investment.
Dec 23, 2024 ā¢ 9 tweets ā¢ 2 min read
Most marketers start by asking:
1. Who is our target audience? 2. What is their problem? 3. How can we get them to buy?
But smart marketers knowā¦itās actually faster / cheaper / easier to start with the "when."
Truth is, timing matters more than anything else. Hereās why:
Humans are more likely to buy when the timing feels right emotionally. (AKA: āTemporal Relevance.ā)
For instance:
šø You donāt crave pumpkin spice in April, you want it in September.
šø Youāre not buying swimsuits in December (unless youāre escape-planning), you buy in June.
Nov 19, 2024 ā¢ 11 tweets ā¢ 4 min read
90% of markers operate from outdated, archaic "best practices" that have been debunked for years. š±
Here's 9 scientific marketing studies (ones I've tested with real brands) that had bottom line impact:
1 / Put your discount on the right.
Studies show that customers perceive discounts as *larger* if the discount is featured to the *right* of the original price, like so:
Iāve been in marketing for 15 years and NEVER knew this! š¤Æ
You can increase CVR by 50% just by asking a question (instead of using a statement) in your adsābut ONLY if the ad presents a calm environment:
ā "Need a break today?"
ā "You deserve a break today."
According to Ariyh: "Using a question in ads can increase sales by up to 50% when shoppers feel calm but decrease sales by up to 87% when they are nervous or excited."
Jul 23, 2024 ā¢ 11 tweets ā¢ 2 min read
FACT: The post purchase survey is basically a modern-day focus group.
Hereās how to build a psych-based PPS so you can tap into what your customers are REALLY thinking:
šØWarning: itās important to know ā¦
Traditional questions like āHow did you like our product?ā often fail to unearth the deeper emotional insights that drive customer behavior.
To uncover your customerās hidden motivations, we have to go beyond surface-level feedbackā¦
Jul 3, 2024 ā¢ 5 tweets ā¢ 1 min read
šØ If your ads are seeing quick growth and an even quicker crash, hereās what I want you to doā¦
1 / Take your 10 best testimonials.
2 / Copy and paste into ChatGPT.
3 / Ask Chat to analyze for the top 3 emotional motivators.
4 / Ask Chat to give you 5 headlines (4-7 words long) based on the analysis.
Chat will usually make something lame. š So hereās how to make it great:
Jun 18, 2024 ā¢ 4 tweets ā¢ 1 min read
DTC Twitter be likeā¦
āJust test more hooks!ā
āYou need better creative.ā
āDiversity is key!ā
Of course you should be testing hooks, generating higher quality creative, and keeping your media mix diverseā¦
But thatās not the reason your ads arenāt working.
Trying to solve your CVR, CPA, or Spend issues with ācreative CROā wonāt drive sales.
Your audience may stop and watch for a minute. They may even like, share, or click on your adā¦
But then theyāll scroll right on by.
Jun 5, 2024 ā¢ 9 tweets ā¢ 2 min read
I truly believe the sheer number of A/B variables you COULD test within an ad is the exact reason why it takes so long to find a winner.
Hereās the simplified formula I use to find winners within the first 9 ads:
STEP 1: identify common emotions within your TAM.
I use a combo of natural language processing (NLP), @trigger_pointerās Mindstate Model, & review mining to do this, but you can ask Chat to analyze customer data for core emotions as well.
Versus how people *actually* buy:
1. Buyer sees ad. 2. Buyer gets distracted by cat. 3. Buyer forgets about brand. 4. Buyer sees organic post 3 days later. 5. Buyer likes organic post. 6. Buyer scrolls on...
Jan 16, 2024 ā¢ 7 tweets ā¢ 2 min read
Almost all the 9-fig brands Iāve worked with use the same creative strategy.
Oddly enough, itās such a simple strategy that I can explain it in just 6 tweets:
(Really, just bookmark this one).
We talk so much about account structure, finding quality creators, and matching your message to your market ā I think we forget how simple paid advertising really is.
Hereās a simple formula:
Oct 31, 2023 ā¢ 11 tweets ā¢ 4 min read
š Not sure who needs this right now, but here's the 9 go-to ChatGPT prompts I use on the daily to write psychology-based ad copy:
1 / Acceptance Prompt.
Give me 10 ad headlines (4-7 words long) that persuades [product] customers that they'll feel accepted with [brand] product.
Oct 17, 2023 ā¢ 18 tweets ā¢ 4 min read
š§ How to beat the system and sell an additional 100,000 units...using psychology:
From 2001 to 2005 Nintendo sold an additional 100,000 units of their flagship product using a little known psychology hack. Before this, they were using a bundling method that was unfortunately all too common in the space...
Aug 23, 2023 ā¢ 13 tweets ā¢ 3 min read
In 2021, three first-time brand founders crossed the 8-figure mark, capturing over 150,000 customers worldwide & generating $25M in just 24 months.
Their brand is one of the greatest DTC success stories of all time.
Hereās why Obvi became a breakout brandā¦when others didnāt:
According to Jared Schrieberās bestselling book, Breakout Brands, thereās 6 core things all ābreakoutā brands have in common:
1. Ties to culture and lifestyle. 2. Wide usage occasions. 3. Wide purchase occasions. 4. Peak product experience. 5. Brand equity 6. Product attraction.
Aug 9, 2023 ā¢ 11 tweets ā¢ 3 min read
I spent 4 hours this weekend reading the Handbook on the Psychology of Pricing by Dr. Markus Husemann-Kopetzky.
Hereās * 8 * pricing psychology facts you need to know before you start discounting:
1 / The ending mattersā¦a lot.
Studies have shown that low priced products sell better if they end with 99. Higher priced products sell better if they end in 95.
Aug 1, 2023 ā¢ 18 tweets ā¢ 4 min read
In 2010, Old Spice increased the sales of a failing flagship product by a whopping 60% using a super simple psychology hack.
Their agency worked for months to develop a strategy that would save the brand.
I'll teach you how they did it in just 3 minutes:
Launched as "Early American Old Spice" by William Lightfoot Schultz's soap in 1937, Old Spice practically invented the men's body wash category.
But after 73 years in the business, competition was starting to creep on their profits.
Old spice needed a Hail Mary, and fast.
Jun 20, 2023 ā¢ 15 tweets ā¢ 3 min read
In 2014, KFC increased the sale of one of their flagship products by 56% using a super simple psychology hack.
They spent weeks working with the team at Ogilvy to crack the code.
Iāll teach you how they did it in just 3 minutes:
KFC used to run a seasonal promotion to the Australian market for their iconic ā$1.00 friesā.
Their customer base loved this promotion, but it had been fatiguing in the past few years.
KFC needed to kick things up a notch, so hereās what they did:
Jun 19, 2023 ā¢ 15 tweets ā¢ 4 min read
Thinking of doing a dopamine detox?
I just did a 14 day detox, limiting anything that would unnecessarily increase my dopamine. This meant:
ā No Twitter
ā No Facebook
ā No Instagram
ā No TikTok
ā No Email
ā No TV
Here's what I learned...
āļø Before you begin...
I highly recommend you do 1-2 days of prep work before you start. I spent the week before setting vacay responders, prepping my clients, & setting phone app limits. Note: the iPhone won't let you set your app limit to 0 š so I just set it to 1 minute.
May 3, 2023 ā¢ 4 tweets ā¢ 1 min read
šµRecently worked with a brand who was struggling to generate creativeā¦period.
Their remote team was in a creative rut.
They struggled to meet deadlines, had poor idea generation, & had low creative output.
Their ad performance was heavily affected by their disorganization.
I helped them implement a new framework which included in-depth consumer psychology training, creative strategy development, and internal creative management.
Within two weeks the entire team was less stressed, more organized, and started to produce BETTER creative.
Apr 25, 2023 ā¢ 7 tweets ā¢ 3 min read
šØ If you're going to run ads, a creative strategy is a must...
ā¦And if you're going to run a creative strategy, an AD strategy is a must. š°
This is the exact ad strategy I use to help brands cut their advertising costs by 40%.
Hereās how it worksā¦
Step one: use customer research to pinpoint psychographic customer insights. Weāre looking for the what, how, when, why, who, and where so we can apply it to the next stepā¦
Apr 12, 2023 ā¢ 10 tweets ā¢ 3 min read
9 go-to ChatGPT prompts I use on the daily to write psychology-based ad copy. š Number 6 is my all-time favoriteā¦
1 / Acceptance Prompt.
Give me 10 ad headlines (4-7 words long) that persuades [product] customers that they'll feel accepted with [brand] product.