Episode Transcript
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0:00
I don't even know why I bought these speakers
0:02
for probably a thousand dollars. Like that swoosh
0:04
made me do it. And Virgil Applow and
0:06
Offwhite made me do it. It wasn't an
0:08
ad. I didn't see an ad. It wasn't,
0:10
you know, marketing. It definitely wasn't sales. This
0:14
is the Gary Vee audio experience. Gary
0:17
Vee, finally. Welcome to the Ad
0:20
Nerds podcast, my friend. It's
0:22
so good to be here. So let's dive right in,
0:24
Gary. If you're talking
0:26
to a small business owner today, what
0:29
are three things that you would tell a
0:31
small business owner right now that they should
0:33
be doing in their marketing? Organic social content
0:36
specifically on TikTok, LinkedIn,
0:38
YouTube Shorts, Facebook
0:40
Reels. Really
0:44
thinking about starting to learn how to
0:46
use AI, you
0:48
know, really prompt engineering, which
0:50
means what do you enter into all
0:52
these AI apps to get good output? So
0:55
starting the journey, like don't be crippled by what I
0:57
just said. I know that sounds complicated, but this would
0:59
be like, I would it would be like
1:01
me saying get on the Internet or start a Twitter account in
1:04
2006 for Twitter or 1999, eight,
1:09
seven for the Internet. Like I don't need you to be
1:11
an expert, but I definitely don't need you to put your
1:13
head in the sand and not have ever touched
1:15
an AI tool like Midjourney.
1:17
Or even Bing has a really easy plug
1:19
in to make creative from it. So that's
1:21
number two. And then number three, doing
1:25
what you're doing right now, every business.
1:28
Needs to have a core platform,
1:30
you know, a show, a podcast,
1:34
a go to social media
1:36
series. Like everyone now is
1:38
in the business of being a media company and
1:40
then they happen to do something. They happen to
1:42
be an agency. They happen to sell flowers. They
1:44
happen to, you know, mow lawns. But
1:47
like the quicker every
1:49
small business understands that without
1:51
them making creative,
1:53
acting like a publisher, acting like a
1:55
media company, they're leaving
1:58
growth And more importantly, you're
2:00
creating the opportunity for competitor to do
2:02
it. And. You. Know Google
2:04
ads are not gonna last forever. just like the
2:06
yellow pages didn't last forever. Let your sales team
2:09
your reputation. Two boys, you know the amount of
2:11
real estate agents that of in the of the
2:13
last ten years based. Always do this accomplices be
2:15
like hey, I know you've been the queen of
2:17
the town for thirty years, but to take this
2:19
Facebook and Twitter and Youtube thing, not seriously, someone's
2:22
gonna come along and secure business. The amount of
2:24
people that have email mean less three four five
2:26
years in the real estate sector saying you were
2:28
right. Like. I I didn't take it serious
2:30
A saw you at him and I saw you
2:32
at the top three thing I saw you on
2:35
the internet. He said that I laugh for you
2:37
to buy twenty two years of market dominance and
2:39
now this kid out of nowhere. Just.
2:41
By making to talks and you tube videos has taken
2:43
a lot of my business. What do I do have
2:45
I close the gap in? I'm like well now you're
2:48
playing catch up. And so.
2:50
Those. With me think social media content with can agree
2:52
that it. Number two
2:54
tasting ai. Number three: Starting
2:56
a show with like whether it's of
2:59
radio show like you had a video
3:01
show or even like a written so
3:03
even if you're writing articles. On.
3:06
On linked and now you're acting.
3:08
Like a newspaper which is a media
3:10
company. That's fine. too short. Over the
3:12
years you know you and I've talked
3:15
about my passionate dislikes or programatic advice.
3:18
And put some small business owners
3:20
have this belief. That. They think
3:22
it's the cheapest way to build their brand. What?
3:24
What are your thoughts on? this? You.
3:28
Know I think a lot of the
3:30
problematic stuff he. Image. Tory itself
3:32
shows up very poorly as a banner ad
3:34
or a pre role and isn't actually being
3:37
consumed. So I love the concept of the.
3:39
Programmatic like a love using technology but
3:41
my question always to lot of my
3:43
friends and big companies that by problematic.
3:46
Is where's it's showing up and that is a
3:48
good ad and didn't. Work like a you know
3:50
I can see fields. Very nice to have
3:52
three dollars Cp Adams but if that's on
3:54
the bottom of. lawn mowers
3:56
daily.com and it's like a
3:58
banner ads at the bottom of
4:00
a video that you made one
4:02
video to work across the whole internet, like
4:05
you kind of get what you pay for
4:07
sometimes in life. And like if the impressions
4:09
are cheap, there's probably a reality and like
4:11
a lot of people aren't actually consuming it,
4:14
let alone no matter what the data
4:17
shows. And so the reason I've always struggled
4:19
with a lot of the programmatic inventory is
4:21
it's bad inventory. You
4:24
know, you can pay $3 a square foot for a retail
4:26
location. I have a good feeling that that's a really bad
4:28
retail location. Yeah, the price
4:30
should say it all. And plus, you know, the
4:32
integrity of your brand is at play too, because
4:35
you could be put on a site that you
4:37
don't want to be put on, like a porn
4:39
site or something. Yeah, I'll be honest with you.
4:41
I'm not overly worried about that. I think fear
4:43
positioning isn't real. Like I'm less worried
4:45
about showing up on a porn site. Like if someone's like, you're
4:47
on a porn site, I'm like, well, why are you on the
4:50
porn site? Like, you know, that's not super hard. Like
4:52
I'm not overly worried about that. I'm
4:54
more worried about, did you spend money
4:56
to make what you wanted to happen happen? For
5:00
example, you know, I often, when
5:02
I do things for wine techs.com, everyone should
5:04
sign up or V
5:06
friends, I'm usually buying things that are
5:08
more expensive CPMs because the
5:11
premium nature of the cost indicates,
5:15
sometimes not, but when I do my
5:17
process of common sense, looking at data,
5:20
it often indicates high
5:22
value awareness, like actually
5:24
consumed information. The only
5:26
reason I love social media is
5:28
because the ads are kind of
5:30
integrated into the flow of consumption. Half
5:33
the ads I'm consuming on social today, I don't
5:35
even realize it as an ad in the first
5:37
10 seconds because people are getting better at creatives.
5:40
Every ad I see on traditional internet
5:43
and every ad I see on television, I know is an ad. Right,
5:45
the minute you see it, you're like, they're trying to get me. The
5:49
last, like this weekend, I like watched full
5:51
pledge thinking it was just regular content. Like,
5:53
wait a minute, they're selling the spaghetti strainer.
5:56
Wait a minute, this is a ketchup.
5:58
Like people are starting to. to
6:00
like what I believe and that's exciting
6:02
to see because shit, that's
6:04
the way I'd rather buy stuff. I'd rather
6:07
buy it by being entertained or educated by
6:09
the creative. So, you know, one of
6:11
the things that I like to talk about are branding,
6:13
advertising, and marketing. I like to call it
6:15
BAM. Thank you, and thank
6:17
Emeril Lagasse for that. But it's like the
6:19
trifecta of growth for businesses. Does one have
6:22
more long-term value than the other in your
6:24
eyes? Of course, brand. Okay,
6:27
tell me why. Well, because I don't even know
6:29
why I bought these speakers for probably
6:31
$1,000. Like that
6:34
swoosh made me do it. And Virgil Applow and
6:36
Offwhite made me do it. It wasn't
6:38
an ad, I didn't see an ad. Wasn't, you
6:41
know, marketing, it definitely wasn't sales. It
6:44
was the brand. Brand
6:46
is everything. You know, if you're doing sales, it's
6:48
only because you don't know how to do brand
6:50
because once you do brand,
6:53
you don't need a sales team. Gary, can
6:55
a business go all in on brand and
6:57
build a successful, healthy, financially stable
6:59
business by just focusing on brand
7:01
100%? If
7:04
it has a good product, yes, of course, for
7:07
sure. I mean, that's, you know, that's
7:09
what we're seeing in a lot of these
7:11
social brands, right? Like, you know, Dollar
7:13
Shave Club sold for a billion dollars on brand. There
7:17
was one viral video. And then listen, it's unfair for
7:19
me to say yes, because the reality is like everything's
7:22
a mix. Like, if
7:25
you had a viral video for your product on TikTok,
7:28
like it's still smart to convert that to
7:30
a performance ad. It's
7:32
still smart that if you sold a million units
7:34
of it to hire a sales team to get
7:36
into stores, like I, you know, it's funny, I'm
7:38
backtracking because I hate the idea of all or
7:40
nothing. Is it possible? Of course
7:42
it's possible, it's happening. Sure. There's
7:45
a lot of people who just, organic, social, do
7:47
brand videos, sometimes run
7:49
ads, sometimes just go on the algorithm of the
7:52
creative and they grow to a certain point.
7:54
Now, usually they'll raise capital or
7:57
they'll take their profit and then they'll
7:59
start integrating. marketing and
8:01
sales but like brand is the
8:03
holy grail. That's why the biggest, Coca
8:05
Cola and BMW and Nike, they
8:10
do brand for a reason. If
8:12
they thought that they could get
8:15
more out of just sales, they
8:17
would do that. Like, you know, and
8:20
so there's a reason brand. I mean, like
8:22
why we buy diamond rings. It's
8:24
all about an emotion, it's brand, yeah, totally.
8:26
Brand, brand, brand, brand. And
8:28
that leads into the next question
8:31
perfectly. Organic versus paid. So
8:33
many business owners think that they can
8:35
only do organic and others think
8:37
that paid is gonna get them to the promised land.
8:40
What's your take? Where does the mix have to
8:42
come in? In
8:45
today's algorithm-based world, I think it needs to be
8:47
great. You need to be great at organic. And
8:49
when things go viral or over-index, you turn them
8:51
into paid. That is the new model, in my
8:54
opinion, in iOS 14.5. And
8:56
you know, things changed. Cooking
8:59
and privacy eliminated
9:01
a lot of the values of, you know,
9:03
paid the way we knew it
9:05
for a decade. And then organic got way more
9:07
important because algorithms now give you a million organic
9:09
views if you put out a good video. And
9:11
so, you know, the reality
9:13
is for me, it's strategic organic
9:16
content. And then when things work,
9:19
turning them into paid ads. Brand-formance
9:21
is how I think about it. Makes sense.
9:23
Gary, finally. If Gary
9:25
Vee had to start from scratch
9:27
today in a 2023 environment,
9:31
how would he do it? What
9:33
would be the goal? You're
9:35
gonna grow a brand new business. Let's say
9:37
everything you have right now, VaynerMedia, VaynerX, all
9:39
of them. Gone, you start, you're literally starting
9:42
from zero. What would you do? How would
9:44
you do it? I
9:46
would make unlimited content on the
9:48
10 social media platforms. LinkedIn
9:51
and YouTube, Shorts for
9:53
VaynerX, Instagram and TikTok
9:55
for Vee friends and Wine Text. You
9:58
know, I would just fully commit. as
10:00
many hours as possible to make content. Final
10:02
thought, this is important. Social
10:05
media platforms give you
10:08
free reach without them charging
10:10
you. Think
10:12
about this. Think about how you and I
10:14
grew up. I couldn't go to the New York Times and say,
10:16
I've got this great wine ad, will you just place it because
10:18
it's great? People
10:20
are always like, oh, the platforms, fuck the platforms are
10:23
giving you unlimited free attention. It's the number one commodity
10:25
in the world.
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