John's Marketing Gems: 25 Tips from a Silicon Valley Veteran that will Make Your Company a lot of Money
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About this ebook
John’s Marketing Gems is the remarkable culmination of John Thomasen’s career as the chief marketer at some of the top companies in the world. Having worked at companies including eBay, TiVo, and Fujitsu, as well as various tech startups, Thomasen has acquired marketing insights that few others ever have. Now it is time to share that knowledge with the world.
John’s Marketing Gems is filled with 25 priceless gems that cover Brand Marketing, Online Marketing, Positioning, Product Marketing, and more.
Gem #1: Pay the Customer, Not the Media Company
Gem #2: Incentives Work
Gem #3: Tell Me a Story
Gem #4: The Truth about Testing
Gem #5: What is Marketing?
Gem #6: Give Me the Features
Gem #7: ROI is Almost Meaningless
Gem #8: I Hate Surveys
Gem #9: I Love Surveys
Gem #10: Cause a Riot
Gem #11: Find Your Position
Gem #12: Swarm Them
Gem #13: Keep Loyalty Programs Simple
Gem #14: Outsource Everything
Gem #15: How I Tripled Sales at a Major Computer Company
Gem #16: Understand the Situation
Gem #17: How I Helped Revitalize TiVo
Gem #18: Are Brands Important?
Gem #19: People Remember Images
Gem #20: Understand Your Margins
Gem #21: Leverage the Knowledge of Others
Gem #22: Limit Choices
Gem #23: The Value of a Customer
Gem #24: The 3 Ms of Viral Marketing
Gem #25: Learn from Vitamin Water
Industry media have shown praise for John’s Marketing Gems and John’s Online Marketing Gems.
“Remarkable! The most inspiring marketing advice in years.”
-- The San Francisco Chronicle
“John Thomasen has done it. He has put together what can only be described as a classic.”
-- Ivey Business Journal
“Brilliant book. Thomasen provides plenty of useful examples. ”
-- Buzzfeed
John Thomasen
John Thomasen is the author of John's Marketing Gems, John's Online Marketing Gems, and Frenzy: 55 Big Marketing Ideas to Acquire Customers and Supercharge Your Sales. Thomasen is a Silicon Valley marketing veteran who has launched highly-successful marketing programs at some of the biggest and best brands in the world, including eBay, TiVo, and Fujitsu, as well as various high-tech startups.
Read more from John Thomasen
John's Online Marketing Gems: 25 Tips from a Silicon Valley Veteran that will Make Your Company a lot of Money Rating: 0 out of 5 stars0 ratingsFrenzy: 55 Big Marketing Ideas to Acquire Customers and Supercharge Your Sales Rating: 0 out of 5 stars0 ratings
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John's Marketing Gems - John Thomasen
Industry media have shown praise for John’s Marketing Gems and John’s Online Marketing Gems.
Remarkable! The most inspiring marketing advice in years.
-- The San Francisco Chronicle
John Thomasen has done it. He has put together what can only be described as a classic.
-- Ivey Business Journal
Brilliant book. Thomasen provides plenty of useful examples.
-- Buzzfeed
John’s Marketing Gems
25 Tips From a Silicon Valley Veteran That Will Make Your Company a lot of Money
John Thomasen
Author of John’s Online Marketing Gems
Published by John Thomasen at Smashwords
Copyright 2013 John Thomasen
This ebook is licensed for your personal enjoyment only. This ebook may not be re-sold or given away to other people. If you would like to share this book with another person, please purchase an additional copy for each recipient. If you’re reading this book and did not purchase it, or it was not purchased for your use only, then please return to Smashwords.com and purchase your own copy. Thank you for respecting the hard work of this author.
ISBN# 978-0-9720163-7-7
Contents
Gem #1: Pay the Customer, Not the Media Company
Gem #2: Incentives Work
Gem #3: Tell Me a Story
Gem #4: The Truth about Testing
Gem #5: What is Marketing?
Gem #6: Give Me the Features
Gem #7: ROI is Almost Meaningless
Gem #8: I Hate Surveys
Gem #9: I Love Surveys
Gem #10: Cause a Riot
Gem #11: Find Your Position
Gem #12: Swarm Them
Gem #13: Keep Loyalty Programs Simple
Gem #14: Outsource Everything
Gem #15: How I Tripled Sales at a Major Computer Company
Gem #16: Understand the Situation
Gem #17: How I Helped Revitalize TiVo
Gem #18: Are Brands Important?
Gem #19: People Remember Images
Gem #20: Understand Your Margins
Gem #21: Leverage the Knowledge of Others
Gem #22: Limit Choices
Gem #23: The Value of a Customer
Gem #24: The 3 Ms of Viral Marketing
Gem #25: Learn from Vitamin Water
Acknowledgements
Gem #1: Pay the Customer, Not the Media Company
Have you ever had an a-ha
moment in your career? I have had a few, but none has been more influential than the idea of paying the customer, not the media company.
This idea to pay the customer
really is nothing more than offering a customer an incentive, a practice which has been around since the stone ages. However, the way that I have been able to position the idea of offering an incentive to executives has had a profound impact on how I’ve been able to market products and services.
This concept of paying the customer
occurred to me while I was working at TiVo, the television DVR-maker. The company had been spending hundreds, and sometimes thousands of dollars to acquire each new customer. Each customer had a lifetime value (LTV) of a few hundred dollars, so we were paying considerably more to acquire a customer than the customer was worth to the business.
Why would we, or any business for that matter, do such a reckless thing? For us, as well as many other public companies, it was about growth. We needed to show increasing growth in our subscriber base. Actually, in the case of TiVo, there was so much customer churn each month due to competition from free cable DVRs, that we were in desperate need of new customers just to maintain our subscriber count.
So we took our considerable marketing budget and spent it