Hyper-growth brands

The Single Most Inexpensive Form of Marketing for Startups: Advocacy

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Ways for Startups  & Hypergrowth Companies to Inspire Radical Employee Loyalty

This presentation will take you less than 5 minutes to get through but will make you re-think your startup marketing efforts permanently.

In today’s world where disruption is everywhere, it’s never been more important for hyper-growth companies and their executives to think holistically about their marketing and PR – inside and outside.

Leaders at even the fastest growing companies can create empowered, full-filled employee advocates that supercharges every single business goal. 

How can CEOs of today’s fastest growing companies create thriving cultures where employees are your best advocates?

 

Download the presentation here:

Employee Advocacy for the Startup for Hypergrowth CEO

 

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Will Weed Conventions in the Cannabis Industry Continue to Be Important for the Future of Legalization?

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As the cannabis industry grows, so does the need for conventions and conferences that focus on weed. These events provide a valuable opportunity for businesses in the cannabis industry to network and share information with one another. They are also a great place for consumers to learn about new products and strains. 

What to Expect at a Weed Convention

You will find cannabis professionals take their industry very seriously; you will find people dressed as you would any other professional industry. This isn’t just because weed consumption isn’t legal in most cannabis industry convention centers, but it’s also that cannabis is serious business. Millions of dollars of investment are flowing into cannabis and these investors expect a buttoned-up and professional organization.

Weed conventions have already become an important part of the cannabis industry. In just a few years, they have grown from small, regional events to large national conventions. The most well-known weed convention is the Cannabis Cup, which is held each year to celebrate the best in cannabis. The Cannabis Cup is a global event in multiple cities and multiple companies. 

Why Professionals Go to Cannabis Industry Tradeshows

Weed conventions offer a variety of educational sessions and panel discussions. Attendees can learn about everything from growing and harvesting cannabis to marketing and branding products. There are also often exhibits where businesses can showcase their products and services.

Cannabis has a long history of handshake deals and in-person business because it has operated in grey areas for so long because of federal regulations. Weed conventions offer an opportunity for businesses to network with each other. They provide a forum where companies can share information about the latest trends in the cannabis industry and learn from each other’s experiences. Attendees can talk to exhibitors and learn about the different cannabis products available, from strains to format, there is always something new at a weed convention. They can also learn about the various ways that cannabis can be used, such as for medical purposes or recreational enjoyment.

Conferences are also a great place for cannabis journalists and cannabis influencers to gather.

Weed conventions are an important part of the cannabis industry and offer a valuable opportunity for businesses and consumers to learn about new products and trends. They provide a forum where businesses can share information and learn from each other’s experiences, and they are a great place for consumers to learn about new products and strains. As the cannabis industry continues to grow, weed conventions will become even more important.

Weed conventions are an important part of the growing cannabis industry. 

If you’re a cannabis business looking for top-rated cannabis PR, please visit our cannabis insights page. 

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5 Untapped Strategies of Early Adopter Marketing

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Ah, the early adopter. They’re the people who grab on to things first, they start trends and they are influencers in their respective communities.

Whether you’re a startup, a movement or a personality, you need these early adopters. Marketing to early adopters can be slippery though, what they grab on to is almost entirely motivationally based. In other words, toss out your traditional “Three P’s” of marketing if you want to capture this crowd, you’re going to need to think through what makes them tick.

Whether you’re building a product or starting a movement, keep your early adopters in mind. Early adopter marketing will be easier if you keep these strategies in mind.

Early Adopters Value Intellectual Stimulation

It doesn’t matter what your target market is, a certain segment of them are early adopters and early adopters like to be challenged and stimulated. Puzzles and quizzes are intriguing to these people, but they get bored easily, so make sure the content matches the intelligence level.

Don’t mistake this to assume that every puzzle or quiz is intriguing to early adopters. They aren’t necessarily the “Buzzfeed” quiz takers. They like to learn and be challenged but they aren’t interested in dumbed down versions of anything. By the time something has caught mass adoption, early adopters have either “been there/done that” or are already deeply engaged in using the product.

Early Adopters Have High “FOMO”

Because they value their role as early adopters, they never want to be “out of the loop” or miss something that’s particularly cool.

Tap into that “Fear of Missing Out” during the earliest stages. Give them ways to be cool to their community by letting them be the gateway to a broader audience and you’ll be tapping into their desires to be seen as an early adopter.

Google generally does this really well when it launches products. It does an initial invitation to known early adopters and gets everyone else clamoring to be part of it in the first phase and SEEN as an early adopter. Google definitely has marketing to early adopters down.

Early Adopters are Attracted to Art, Emotion and Adventure

Perhaps more than any other target market, early adopters are pulled in by emotion, art and adventure.

This is one reason why Apple’s early emphasis on design caught on with early adopters, they loved the elegance of the product and interface, the art of the experience.

Remember, art, emotion and adventure can happen online and offline. This is a place where you can really get creative and have some fun. It’s also easy to identify these people based on where they go because events like TED and TEDX inherently draw early adopter personality types.

Because of this constant searching early adopters have, curiosity is a primary trigger for action. Tripping the curiosity trigger requires some thought because early adopters aren’t generally suckers for the usual mass-marketing techniques; they’re a little more sophisticated than that. You’re going to really have to think of something that genuinely makes them curious.

The “Why” Seriously Matters

Early adopters are very observant, they generally see through tactics and need a reason to be inspired.  Your marketing message to early adopters needs to be centered around something inspiring, something bigger than the features of the product.

Instead of focusing on product features, tap into the deep intellectual and emotional reservoir of early adopters and give some insight to them about why this product or movement matters. You’ll likely need to do some message testing here, but it will be worth it once you hit on the “why” that matters most.

Don’t Confuse Early Adopters for Extroverts

It’s easy to lump the two together, but research shows that messaging that targets extroverts actually repels early adopters. Early adopters like intrigue and creativity, they aren’t particularly attracted to social attention in a public way. This doesn’t mean they aren’t on social media, it just means that their triggers are different. They like to have their role as early adopters confirmed, but they also like to be the messenger of that delivery.

 

In your experience, what motivates early adopters?

 

This blog originally appeared on akamai-marketing.com

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5 Money Saving Marketing and Branding Tips for Startups

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OK.  I’ll admit it. I watch Silicon Valley on HBO.

I hate admitting it because, of course, it’s both a characterization and just a little too close for comfort to the startup experience.

Last night’s episode had me laughing and crying.

Let me set the scene: The founder and the coders are desperately trying to hire new developers in a competitive market, time is short and so is money.  Meanwhile, in the board room, the newly minted but completely wacko investor insists the startup spend $30K on “schwag.”  It’s a classically stressful startup moment.

I cringe.

No one asks any questions – the founders are too caught off guard by the mere suggestion. And yet, it’s patently obvious no one except the wildly erratic investor, who also spend a load of cash on billboards, has started to even think about marketing and branding.

Everyone’s thinking “splash” and no one is thinking “strategy.”

Here’s a pro-tip: “Splashes” without “Strategy” are usually huge wastes of money.

I don’t care how awesome your product is – you HAVE to think about branding and marketing for your startup. But the worst way to do it is in a scattershot “yah, let’s spend money on that,” way. Every startup has a “Shwag” moment.

I remember one startup I worked on wanted to spend $100K on hiring a talent for a “viral video.” Another spent over five-hundred thousand dollars on print ads.

Both happened for one reason only: everyone was in splash mode and no one was in strategy mode.

Here are 5 Ways To Know Whether It’s YOUR Time for “Schwag”

1. Have you done a pre-launch marketing plan?

Before you go to launch, you’re going to need a marketing plan. Sounds obvious, except, it’s one of the hardest things for startups to focus on.

Through the haze of late nights and Redbull, frantic pivots and resource challenges, marketing strategy for launch is often overlooked.

Consequently, decisions like “we need to spend $30K on “shwag” happen in the moment and they happen quickly and then happen when everyone is actually focused elsewhere.

If there’s one place you need a plan for launch it’s in marketing. If you’re doing your pre-launch homework, you might just be well positioned for your splash.

2. Who’s Suggesting?

I know you wouldn’t take code advice from me. You shouldn’t. If I ever give it you, send me packing.

Get your experts and resources in order and more importantly, listen to them.

There’s going to come a point when someone or many people will start telling you what you should do, most of whom have no idea what you’re TRYING to do.  The better your relationship with your marketing expert, the more you’ll know whether you’re getting good advice from everyone else.

3. Who’s Implementing?

What’s the point of your “shwag?” Whose getting it, when and where. Oh, yah, whose distributing it?

How many times have I seen impetuous spending happen without thought as to implementation?

Chances are – no matter what kind of “shwag” you’re investing in, you, the founder do NOT have time to implement said “shwag.” Better figure that out before you spend that $30K.

Even if you’re a master of marketing strategy, get your implementors together and THEN you’ll be ready for your splash.

4. What Questions Aren’t You Asking?

Hey, I like a new idea probably even more than the next person, but some things work consistently and some things consistently don’t work. Some risks in marketing are worth taking, some are worth testing and some are just bad.

There should be at least one person on your team, whether in-house or outsourced who says “that’s a bad idea,” once in awhile.

I’m not suggesting you have layers and layers of processes for a simple decision, but I don’t care how many millions you have, marketing is expensive, someone better be prioritizing and someone better be comfortable with “no.”

Find your “no” person. Not because they’ll throttle  you, but because they’ll let you splash at the right time.

5. How Expensive is “Cheap?”

I get it, you don’t want to spend any of your money on “shwag” but you need to. So you call your nephew or niece because they’ll do it cheap.

Unraveling “cheap” is one of the most time and energy consuming processes you can not pay for. I bet you’ve been there in other forms of development. Marketing is no different. Not only that, but you’ll find unraveling cheap costs a whole lot more than “done right the first time.”

So, next time someone wants to drop big bucks on shwag, you’ll be ready for them. AND you’ll be on your way to being ready for your splash.

 

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The Viral Marketing Virus

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Listen up: Going viral is a benefit to creating great content, not the goal.

But if you’re really committed to creating a viral video marketing campaign:

Creating viral content is this easy.
And this difficult.
Here’s my fool-proof 3-step process.

Create content that strikes an emotional cord (funny, sad, inspirational) and is distinctly unique and you’re one step closer to viral. 
Create content that tells a story, not a tagline and you’re one step closer to viral. 
If your branding it, make the product part of the story, not THE story. 
Not all that helpful, right? Truly the devil is in the details. Storytelling. More art than science. That’s why there is no Einstein-esque formula for viral. If only “viral” were as simple as math. It takes time to create and make a story. Song writers, ad professionals, photographers, marketers, movie makers, writers, videographers, graphic designers. We’re all storytellers. And once in awhile a storyteller also gets lucky. And viral happens. Think of all the stories out there today. Not too many go viral, but does that make them not worth making? Of course not.

So, in honor of The Story, let me tell you one. About 4 years ago, I talked with Judson Laipply, whose own viral video 2006 “Evolution of Dance” received 70 million views in under 8 months. At the time it was the #1 most viewed video of all time on YouTube (waaay before Gangam Style). Judson’s performance tells a great story in an entertaining, unique way. When I asked him about his own viral video, he said that he put it up on YouTube as a fluke, that in fact, someone in the audience recorded it and sent it to him. Judson was as surprised as anyone at the response, he wasn’t already famous (like some other viral video creators)  and he didn’t have a huge social media following at the time.  Since then, he’s done several follow-ups but none so successful as the original. Today, Judson is a working motivational speaker. The point is, completely of the moment? Yep. Complete accident? Yep. Repeatable? Probably not. With all due respect to Judson, we’ve all been there, and done that.

It’s pretty rare that branded material go viral. If you look at the most popular YouTube videos of all time (YouTube Charts), not a single one is a branded video. Almost all of them are music videos (YouTube being to this generation what MTV was

to mine). Coincidence? No.  Does that mean that branded content can’t still be powerful? No. Check out the videos in particular categories. The all-time #1 video in the auto & vehicles segment is a COMMERCIAL. The Volkswagen/Darth Vadar commercial that originally aired during the Superbowl 2011 (you don’t even have to go find it do you? You remember it). Notably, none of the other Superbowl ads from that year or this year can claim the number one spot in any category. There were some great branded viral videos in 2012, my personal favorite was the Dollar Shave Club, which was appears deceptively simple, but once you break it down you realize its the product of a lot of talent and planning.

There is a theme here: either viral is completely planned, thought out and scripted or its completely of the moment, off-the-cuff. One is time consuming, expensive and lucky and one is JUST lucky.  Which are you? 

So go forth, my marketing compadres. Create amazing content in whatever medium you wish. Please. But create amazing content because its the right thing to do if your going to create content at all. Because by creating content, you’re saying something about your brand…whether 1,000 people see it or 1 Billion people see it. Create the best, most memorable content you can create. And move on. And remember, sometimes its about quality over quantity.

 

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