Episode Transcript
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0:01
Welcome to Marketing School, the only
0:03
podcast that provides daily top level
0:05
marketing tips and strategies from entrepreneurs
0:08
that practice what they preach and live
0:10
what they teach. Let's start leveling
0:12
up your marketing knowledge with your instructors,
0:15
Neil Patel and Eric Sue.
0:19
All right, guys, before we start, we got a special
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to improve your low time. Welcome
0:50
to another episode of Marketing School.
0:53
I'm Eric Sue and I'm Neil Patel, and
0:55
today we are going to talk about how you can
0:57
build a recognizable brand like
0:59
cop Cola. So if
1:01
you think about Coca Cola, what do you think? And
1:04
everyone has their own concept of
1:06
it. You could think about the drink how it's amazing.
1:08
You can think about the warm polar bar. You can
1:10
think about all the companies they own. You can think about
1:12
Berkshire Hathaway. I believe they own
1:14
a good amount of Coca Cola. There's
1:16
a lot of different things that you can think about when
1:18
you look at the brand Coca Cola. But
1:21
if you want to build some of this recognizable, whether it's
1:23
Coke, AMEX, Nike, BMW,
1:25
Mercedes, the first thing that keep in
1:27
mind is if you don't have a good park or service,
1:30
you're not going to have a recognizable and memorable
1:32
brand. People remember brands like co
1:35
Cola because they like their products. If
1:37
people really hated your product,
1:39
yes and the short one, they may remember it because
1:42
they hate it, but in the long
1:44
run, they're gonna forget it. So the first thing
1:46
you need to do is build a good parct
1:48
or service. Brands aren't built overnight.
1:51
They're built by good products or services
1:53
that continually improve over time.
1:56
I remember, I think Coca Cola was a
1:58
formula from a this during
2:00
the Civil War. The guy that came up with it actually got
2:02
shot during the Civil War. I think he was on
2:04
the Confederate side. By the way. I don't know how I remember
2:06
all this, but I think his wound got infected,
2:08
and I think he ended up dying. And it took years
2:11
and years and years. It just kept Coca Cola formula
2:13
kept moving around. Same thing with a pepsi formula too.
2:15
I think what's important I'm digressing with that story.
2:17
But what is important is
2:20
distribution channels, right. I think when you're starting
2:23
out, where my customers hanging out? Who has
2:25
my audience? And I think Coca Cola has done
2:27
a really good job of partnering
2:29
with a lot of these people over time because they become
2:31
such a good household name a. It's
2:34
a very consistent product. Over and over and over they
2:36
learn how to scale it. But be beyond that, how
2:38
do they continue to have strong partnership, strong
2:41
distribution channels with these other people so
2:43
they can remain number one? Because when you go to a
2:45
store usually or when I used to and sing with Neil
2:47
Too, used to ask for a coke, you didn't ask for a
2:49
pepsi. The next thing you want to do is follow
2:51
the rule of seven and marketing. When someone sees
2:54
or interacts with your brands seven times, they're much
2:56
more likely to remember it. So what you want
2:58
to do is leverage all the social channels
3:00
out there, all the platforms, from your own blog,
3:03
you going live, creating videos. This
3:05
will all help with the rule of seven. It gives people
3:07
more touch points and opportunities to interact with
3:09
your brand, which is how you create something that's memorable.
3:13
Yeah, and the other thing too is speaking of something that's
3:15
memorable. When you think about a brand,
3:17
a brand basically tells you a story. Because when
3:19
I think about Coca col I think about the days when I used
3:21
to go get happy meals at McDonald's when I was
3:24
younger, and I always wanted to Coke, So that
3:26
brings me back to that, and Neil might have a separate memory.
3:28
But I think when you think about Neil's
3:30
example earlier, when Coke does the
3:32
polar Bear commercials, it's not talking
3:34
about how great their product is. It's kind of making
3:37
them feel good. I was like, Oh, it's so cute, and it's
3:39
like, did you see that commercial? It brings you the
3:41
feels. They're trying to constantly bring back that
3:43
nostalgic feeling for you. The
3:45
last, but not least, from my end, is just
3:47
do something for a very long time. Big
3:50
brands aren't built overnight. The Nikes of
3:52
the world, the Coca Colas of the world. They've been around
3:54
forever. You know. Just think about what Eric mentioned
3:56
about the Civil war and the coke recipe.
3:58
If you do something long and you have
4:00
the good products to get services, you're leveraging
4:03
the storytelling. You're leveraging the rule of
4:05
seven in marketing. Eventually you'll
4:07
have something memorable, but it takes time.
4:09
Microsoft wasn't built overnight. Uber wasn't built
4:11
overnight. There is no such thing as overnight success.
4:13
And usually if it is, it's gonna die
4:16
right back down where it came from, or it's because
4:18
of negative pr So just make sure
4:20
you put your best foot forward and
4:23
can you improve and do that for a very long time.
4:25
All right, So that is it for today,
4:28
guys. If you're interested, we are doing a twelve
4:30
week boot camp and the first cohort is going to
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be taught by yours truly, and this is very experimental.
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This is actually going to be free, but it's only going to be a cohort
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of We're talking ten to twenty students. We're going to
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see how it goes, see how the feedback is. If you want
4:42
to apply, go to marketing school at the
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io Slash boot Camp As
4:46
of right now, we're only taking students in the United
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States. Feel free to apply if you want. It might
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open up in the future. But go there Marketing
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School at the ioslash boot Camp and
4:55
we will see you tomorrow. We
4:58
appreciate you joining us for this secon of
5:00
marketing School. Be sure to rate, review,
5:03
and subscribe to the show and visit marketingschool
5:05
dot io for more resources based
5:08
on today's topic, as well as access
5:10
to more episodes that will help you find
5:12
true marketing success. That's
5:14
marketingschool dot io until
5:16
next time. Class dismissed.
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