You're Spending Too Much Money! | Ep. #720

Marketing School - Digital Marketing and Online Marketing Tips

In episode #720, Eric and Neil discuss why marketers overspend. Tune in to hear why you are spending too much money.

TIME-STAMPED SHOW NOTES:

  • [00:27] Today’s Topic: You're Spending Too Much Money!
  • [00:40] In marketing, everyone is about spending money.
  • [01:15] When people hit Eric up, they are looking for advertising and SEO, but rarely conversion rate optimization.
  • [01:40] SEO and content marketing are the best or most popular services.
  • [01:57] If you're spending all this money on marketing, why wouldn’t you hire someone to reduce your expense by cutting the fat?
  • [02:12] Hire someone full-time to just do conversion rate optimization.
  • [03:00] Consider ways your office space can produce revenue.
  • [03:22] AWS did $12 Billion in revenue.
  • [03:35] Take the expense you have and figure out creative ways to make them profit-generating machines.
  • [03:50] Example: your office could be an event space.
  • [04:10] Optimize to get more out of your resources.
  • [04:20] Be more creative with how you spend your money,
  • [04:50] Eric and Neil love marketing so much because there is so much room for creativity.
  • [05:25] That’s it for today!
  • [05:28] Go to Singlegrain.com/Giveaway for a special marketing tool giveaway!

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2018-07-21 8 min

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