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

Nomzy Stholly

6 min

Investing & Markets

Description

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: <ul> <li>[00:27] Today’s Topic: You're Spending Too Much Money!</li> <li>[00:40] In marketing, everyone is about spending money.</li> <li>[01:15] When people hit Eric up, they are looking for advertising and SEO, but rarely conversion rate optimization.</li> <li>[01:40] SEO and content marketing are the best or most popular services.</li> <li>[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?</li> <li>[02:12] Hire someone full-time to just do conversion rate optimization.</li> <li>[03:00] Consider ways your office space can produce revenue.</li> <li>[03:22] <a href= "https://aws.amazon.com/">AWS</a> did $12 Billion in revenue.</li> <li>[03:35] Take the expense you have and figure out creative ways to make them profit-generating machines.</li> <li>[03:50] Example: your office could be an event space.</li> <li>[04:10] Optimize to get more out of your resources.</li> <li>[04:20] Be more creative with how you spend your money,</li> <li>[04:50] Eric and Neil love marketing so much because there is so much room for creativity.</li> <li>[05:25] That’s it for today!</li> <li>

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Episodes

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

Nomzy Stholly

6:20