In this episode, Richie asks Jesse for advice on advertising strategies for small business owners, and they walk through the three basic advertising methods:
- Search
- Display
- Remarketing
They also discuss the various tools to achieve those methods:
- Platforms
- Pixels
- Feeds
- Automation or DIY
Then they go deeper and mention which platforms to focus on for each objective and which work together well.
Transcript
Jesse: Happy Friday, Richie! How are you?
Richard: Iâm doing great. How about yourself?
Jesse: Excellent, excellent. Excited about today. This is going to be a little bit of a different show; itâs going to be more educational. So if youâre in your car right now listening and youâre like I donât want education, this oneâs not for you. (laughing) But if youâre looking to learn, today weâre going to have really useful nuggets for people that are just getting started. This is going to be an introduction to
Richard: I love it, but Iâm going to clarify something. All the shows are educational.
Jesse: Okay. Right.
Richard: I think this is going to be actually entertaining too because I get to put you on the spot today.
Jesse: OK. I like it.
Richard: A lot of people could know if theyâd been listening for a while, but just for those who just started listening, I just want to remind everybody and let everybody know why Jessie is highly qualified for me to put him on the spot today. Jessieâs spent millions and millions of dollars on advertising. He started out working in an agency, and he has his own side businesses that he runs advertising towards, and he runs all the advertising for 51ÊÓÆ”. So he has done in every capacity from being a store owner like yourselves, running it for other store owners, and now he runs it for a business that has a bunch of store owners. I think you pretty much have it covered on many levels. I think what our hardest challenge — between us because weâve been in this game for a while — is going to be reminding ourselves that this show is about momentum for these people. Theyâre just getting started. Some of them have been going on for a while, but they may not have advertised even yet. And we want to make sure that theyâre ready for the holidays and theyâre not just waiting to start right for the holidays. And although we mentioned this is holidays, this is going to be able to be evergreen. Weâre going to state this in such a way for everyone that theyâre listening. Next June, next April, next January. If youâre hearing this for the first time, it still applies for sure.
Jesse: The idea here is to get people started, start building their store. We all had to start somewhere, so Iâve spent a lot of money with Google and Facebook, made a lot of mistakes. Seen a lot of where other people make mistakes. Iâm hoping to give that
Richard: To break down where I think youâre going with that. Youâre talking specifically about people creating content trying to go the SEO route. Correct me if Iâm wrong, I think you believe they should be doing both, but it takes a while.
Jesse: Yes.
Richard: And itâs harder because thereâs a lot of moving variables, but you can actually see results pretty darn quick with advertising.
Jesse: For sure you should always do both, and free traffic is great, but it is becoming harder. Google and Facebook control the Internet. Letâs just be honest about it. They are the gatekeepers, and they donât really want to send you free traffic. They donât get paid for that video.
Richard: Because by the way, listeners, they make their money from selling advertising. That is their business model. There are little things here and there theyâre doing on the side. They got Oculus and Facebook. Yeah. But their main focus on revenue is advertising.
Jesse: Yes. So if youâre in the
Richard: I donât know what it was and what we just said that sparked this, and I do not have hard stats on this, but it would not surprise me at all, based on things weâve both seen. Your organic stuff is going to get seen more too. Itâs not written in anything, but if this person starts advertising a lot more, probably, youâre helping people stay on their platforms. I donât know the exact percentages. Iâm not claiming any hard stats but wouldnât be remotely surprised if your organic content gets seen more too when youâre priming the pump with advertising.
Jesse: Yeah, those are some real
Richard: Bring it up.
Jesse: The best way to get traffic to your site is to have traffic to your site. So once you start getting traffic, very likely youâre going to get more traffic. And how do you get traffic today? You pay for it. I just want to be real about it, and Iâm not being real to try to make money for Google and Facebook. Just trying to be real to help you, the listener, because as weâve talked about in other podcasts when people downgrade, all the reasons that people put when they leave, we see them, and we see a lot of them. Sometimes itâs very helpful for us. If you give good reasons, we will eventually change what we do. We build new features to fix that. But I see a lot of the things are like Oh, I didnât get any sales, I donât want to advertise, and so I didnât get any sales. Iâm like, what did you do to try to get traffic? You donât just open up a store and get traffic; it doesnât work that way. If somebody told you that, they were lying to you. I never said that. Youâll not see any ads that I say Sign up, and youâll get free traffic and free sales. It just doesnât work that way.
Richard: Right. And just to clarify for those of you who didnât hear the sarcasm. By no means weâre saying there is a conspiracy theory or any of that. What weâre talking about is when you put your message in front of somebody with advertising dollars, theyâre going to see it. Because if you donât get results, you wonât give them more money. And if you donât give them more money, they donât make money as a business. So they want you to succeed. Now how much you pay and what your margins are like, I donât know all that stuff. Thatâs what youâll learn over time, whether itâs working or whether itâs not. But youâll see it more and so letâs just say and then weâll dive into it. Letâs just say you spent on advertising; you drove into your site. Well, more time on site, you potentially could actually show up in more search results, or itâs literally not even remotely conspiracy. That would joke with you a lot if you havenât noticed, but itâs just the way we know for sure you can get people to your site, to your products is to spend money.
Jesse: Yep, I agree. And Rich, that was a bolded level there. If you want to make it and you want to make money by this holiday season, you should start advertising now. So you think that was enough tough love, Rich?
Richard: All right, letâs get started.
Jesse: We stirred the pot a little bit. All right. So letâs just talk
Richard: Totally, it did. Iâll mention something here, this is not to get worried about all the information that these companies know about us, but for the most part, most people stay signed into Google. And most people stay signed in to Facebook, and those are the two main companies. Weâll go over, weâll be touching bases on some other people, but 80 percent of the stuff or more is coming from these two companies. And we group Facebook and Instagram together because theyâre pretty much the same company, or they are the same company even though they do different things. But since youâre logged in and you know everyone hears about A.I. and all their stuff, theyâre getting information. And so if youâve been looking for other things, Jesse is going to get into how some of this stuff works. They have that information, and theyâre going to know that this personâs probably trying to buy something right now and theyâre going to know who to put that in front of. I just wanted to let people remember. You hear in the news, you donât necessarily want this information to be out there, but we benefit from all these things. We benefit from being served up with the things we want. And weâre not going to get into the political side of stuff and the information, all that. What weâre really going to talk about today is how this stuff can benefit your business because these companies have information, and they know who to put these ads in front of. So letâs dive in, the first one you want to go into is a search?
Jesse: Yeah. Search. That just means that you typed in the words, you spoke the words. Thatâs the best intent signal that you have. If you sell products that are very easily searchable, this is probably a very good place for you to play. Really keep moving on though weâre going to come back to this obviously. All right. If youâre taking notes, number one is search. Number two is display. And by display Iâm not just talking about banner ads. Iâm talking about youâre letting the algorithms do the work. OK. Thatâs what Rich was talking about; maybe you searched for something a week ago, and all of a sudden, you start to see banner ads, or you see ads related to that a week later. Itâs maybe because you searched, or maybe itâs because the algorithms have determined that you are a perfect target for that. So itâs not necessarily really a search. It might just be demographics, but itâs usually at a deeper level than just demographics. Itâs not that Iâm a
Richard: Thatâs fantastic. I love it, simple, to the point where weâre keeping it at those three basic ways to do your online advertising.
Jesse: And I didnât mention any platforms there either, these are just concepts.
Richard: Weâll dive into each of those a little more here in a little bit. But we are trying to keep it at its basic level. Letâs say what are some of the platforms, and what are some of the tools? Again, at the basic level because theyâre just getting started. Weâd rather them use mostly free tools and things that are accessible for nominal or free. So leave that up to you, and what are those basic tools that they can do, and then weâll dive in deeper.
Jesse: Yep. All right. So this is more like the definitions or the glossary here. Platforms are the advertising platforms. Thatâs Google, Facebook. Instagram, again Iâm going to say, is the same as Facebook. Then it could be Pinterest; it could be Snapchat. It could be any of the different platforms where youâre going to put your credit card in to pay them advertising. So those are platforms. The next thing we want to talk about is pixels. For some reason, a pixel is a scary word for people. Pixels are just the mechanism that the platforms use to track. If youâre using Facebook, thereâs a Facebook pixel, and that just means that thereâs a little tiny piece of code thatâs on your website. When somebody visits your site, your Facebook account knows it, and knows whether they purchased or what pages they visited. Same with Google, Pinterest, Snapchat. Everybody has a pixel, and theyâre extremely easy to install. So thatâs why I said people are scared about this word. Oh my god, pixels, I donât know what that is. Itâs just a tiny piece of code. Itâs on your website that helps you track. And in 51ÊÓÆ”, generally speaking, you just click a button to say, Install this pixel. That doesnât cover all the cases. But in general, if you want to work with these platforms, itâs very easy to install a pixel. Probably means clicking a button to say Install or placing a little bit of code.
Richard: In a
Jesse: Talk to the support and say: How do I get this pixel? I heard a podcast where Jesse and Rich were talking about pixels. How do I install my Facebook pixel? Theyâll help you. Itâs simple, donât let this be a blocker for you. Go use chat, install the pixel. All right. The next tool is product feeds. This is a little bit harder, but again, Iâm going to say pretty easy. Product feeds, it takes your product catalog, the picture, the price, the description, the name of your product, and puts it into essentially an Excel file. Itâs not really an Excel file but puts it into a file that the platforms can then read. Then they can use this for just better advertising in general.
Richard: To your point, correct me if Iâm wrong. This is the work youâve already done. And now what youâre referring to when you say itâs going to take a little bit of work, itâs really just going to take a little bit of work in the beginning. Once you get these feeds working, itâs already in there; youâre done, and then itâs set it and forget it.
Richard: Yeah. Letâs say you use some other platform. They might be hard. With 51ÊÓÆ”, itâs going to be easy. Iâm laughing here, the smiling one. But weâve built all this stuff in, so you just look for the section, you click it, you say: I want a Google product feed, I want a Facebook product feed. And then you can even use those feeds for other platforms as well. Product feeds help the platforms know the exact products you have rather than your URL. URLs are always nice, but having the product feed is even better. Again, talk to support if you want a little bit of help. You donât need this right away, but youâre going to need this eventually. Keep that in mind. That product feeds. Itâs basically the list of all your products and information fed to the platforms. All right. So, the last tool. A lot of the things weâre going to talk about, there are automated options. We have automated Facebook advertising, automated Google advertising, automated Google Shopping. A lot of this stuff is automated, and itâs also available to DIY. You want to do it yourself, great. We have all the same tools there. So automated or DIY, just know there are probably both options, and depending on where youâre coming from, you may want to choose one or the other. All right. We have mentioned the platforms. Letâs get into it. The big one here is obviously Google. Google is the king of search. This is how they were built. They basically have monetized every single word in the world. When you go to Google and you type stuff in, that again shows the best intent. If you have a store where your products fit, where they could be easily be searched. This is probably the place where I would start. We can go to a couple of examples. Now, if you listened to a bunch of podcasts, weâll bring up some previous topics. So pancake spatulas, weâve been using that lately. If you have a pancake spatula, people are typing in the word pancake spatula, youâre going to spit out. Hereâs an ad for pancake spatulas. They obviously want this. Theyâre probably not researching it. Similarly, you know some of the other products weâve mentioned. Letâs see; we had CakeSafe on. This was quite a while back, but basically, itâs a box that helps you store a cake so you can ship it either in the mail or go on a plane or whatever.
Richard: A unique thing about that, literally at least monthly if not weekly, that one pops up, it still blows my mind that not only is that a business but itâs a flourishing business. And theyâre doing quite well, and they use advertising too.
Jesse: Absolutely. Yes, if youâre listening, thereâs a business out there with several employees, it sells a box that stores cakes. Itâs awesome. Your niche is probably not as small as you think. Now when people search the term like how do I safely ship my cake across the country, whatâs best for you to show up there? Do you want a text ad that is kind of traditional Google? Or is it better for there to be a picture with a price right below it? Thatâs Google Shopping. Depending on your product, you may want one or the other. So with CakeSafe, itâs a hard concept to understand. You probably want to show the picture. I see itâs a Plexiglas thing. Itâs got a little rod through there. I can see how that would keep my cake safe, so perfect. Youâre going to want to focus on the Google Shopping ads. If your product is maybe not as visual. So we had Kissed by a Bee on. What they make is
Richard: No, thatâs fantastic. I think it is at the base level. What youâre saying is search is an active process where someoneâs trying to go out and find something. And display is more passive. And having these product feeds that can get displayed in front of people, back to your comment with Google Shopping and or text ads, probably should be doing both there too. But overall, it is perfect on search. Again, weâre trying to keep this were things you could actually use and do and apply and get momentum for the holidays or any time youâre listening to this. But all of these will go a lot deeper on, but weâre not trying to paralyze you. Weâre trying to get you to say: Wow, this sounds pretty easy, and I should probably do this because it is pretty easy.
Jesse: It is pretty easy.
Richard: And you should be doing this, especially with 51ÊÓÆ”. Itâs easy.
Jesse: Yeah. So itâs super easy. If your products specifically fit in the search world where thereâs a word that describes your product, itâs very specific. And people look for it on the Internet. Youâre going to want to start here on Google and search. So we didnât mention there are a couple of other platforms there you can use Bing as well. I would 100% start on Google, and then once you get it going in Google, thereâs a function in Bing to import everything over from Google into Bing. So Bing can be easy. It just doesnât have the market share; itâs maybe 10 or 15 percent of the size of Google. Thereâs also this big company called Amazon, which is also very important for search. Again if youâre starting out, I would be very cautious here. But if youâre getting going a little bit, a lot of time thereâs great intent on Amazon. If people go and search on Amazon, theyâre buyers; theyâre ready to buy. As you get a little bit more advanced, there are advertising options on Amazon, as well. Anyway, that search there is both automated options, you can find them in the Control Panel. The 51ÊÓÆ” Control Panel, so we can automate search. We can automate the text ads. There are DIY options as well where you can set these up yourself. I will say Googleâs done a pretty good job of their onboarding process. They walk you through it pretty well. And if you start spending money, you can call them now, and they will actually help you set this stuff up, and the reps are quite a bit better than it used to be. So anyway, if youâre doing it yourself, youâre not totally on it on your own. Google will help you out with that. Thatâs search. There are books written about it. We did that in about five minutes. Now weâre going to go on to the main display area, and this is Facebook and Instagram. Again weâre saying Facebook and Instagram essentially are the same thing because when you advertise on Facebook and Instagram, itâs the exact same place to advertise. Itâs the Facebook Business Manager. So you do need a Facebook Business Manager account. Itâs very easy to set that up. But in general, when we talk about display, this is again the algorithm is choosing who sees your ad. Rich, you were talking before, when youâre searching in Google, itâs an active process. Are you active on Facebook? Are you killing time?
Richard: Yeah. For the most part, luckily, I donât do that too much and mostly try to do ads for something on there too. When youâre on Facebook at its base level and or Instagram. And there are exceptions to every rule weâre talking about here. But for the most part, youâre looking to do some research or find something or learn more about something on Google. Youâre usually trying to find out whatâs going on with your friends or your family, going on in the world, and itâs really a little more passive, and youâre discovering things on Facebook.
Jesse: When youâre thinking about advertising on Facebook and Instagram, realize that youâre probably interrupting somebody, so theyâre looking at pictures of kids and dogs and the latest news things. Youâre getting in the way of them. You donât want to be as direct. Buy now is probably not the message you want to have on Facebook and Instagram. Think about the advertising you want to have is more like a post to a friend. You want to provide some information. And when youâre on Facebook, pictures and videos are way more important. This is not just a
Richard: No, I think that just comes back to a little couple of comments earlier that you want to put these pixels in. But to your point, with the data, if you donât have these pixels and they canât do this work, and also goes back to why they know so much and how you can take advantage of how much they know. To my comment earlier, most people arenât signing out of these things. So when youâre signed into Google and youâre signed into Facebook and youâre going around, youâre doing all this stuff. When you have all those basic tools set up, theyâre learning more about you. And again, this isnât to be scary. This is what theyâre doing with your customers, too. Itâs a bit of network effect. The more data you have, the better decisions you have. You donât have a lot of data. Itâs hard to make a decision. So, yeah, I love watching where youâre going.
Jesse: Iâll add to that. Forgot about this part. We talked about getting the pixel installed. So Facebook knows that people have been to your site. But the most important data ever for an
Richard: Itâs interesting you bring that up because I donât want to go too deep on this. I donât want to be like, What what are you even talking about? It started with Hey, letâs super niche down and tell Facebook exactly who we want to target this into. And Iâve heard multiple people, myself included, that are actually getting sometimes better results by not narrowing down too much and letting Facebook figure that out for you because they have all that data. And for us to think we can use our minds and crunch our numbers in our mind faster and better than they can. I donât know. So try it a little bit both ways.
Jesse: Yes, very much so. So, yeah, there still is this very detailed target, and they can remove some because of the scandals, they got a little too creepy for people. So theyâve removed some of that. But the data is still there, and they still know. They know more than you do. Anyway, getting back to feed the data, feed the algorithm, theyâre now getting back to who should be on Facebook. Itâs probably everybody should be on Facebook at some level for advertising. But the better candidates are people that maybe search doesnât work for you. We talked about if you have products that search is great for, then yes. You have a very specific product that thereâre keywords that are associated with it, thatâs obvious. That search is good for you. Facebook is better for people that they donât know what theyâre looking for your product. They donât know that it exists, but it serves their particular needs, and they can be identified in that way. So, for example, going back to a previous guest, again, we had a Heroic Kid. We had Joe from Heroic Kid. He had very specific products for his son, who has type 1 diabetes. And itâs like the little patches and things for his toys. Right. So itâs very specific. But are you searching for that? No. You donât really know that it exists. So you wouldnât be searching for. I want an insulin pack for a stuffed animal. You would never search for that because you would think, why would this ever exist? But on Facebook, itâs a different story because there would be people that have interacted with groups, Facebook groups for type 1 diabetes or children with type 1 diabetes and how to parents. There are relatives that are looking for information related to that.
Richard: Plus, itâs probably a really good one for sharing because here it is. They have this, and you put it up as an ad, but then somebody in there thatâs part of that group sees that also and shares it because they know someone in their family that lives in Kentucky and they have it. Whatever, Iâm making the places and times, but you get it. Itâs a highly potentially shareable one too because itâs a
Jesse: Itâs very likely. Itâs very likely youâre being remarketed to right now. Everybody, donât creep out over that.
Richard: Just learn.
Jesse: Just learn. And yes. The reason weâre given those examples is you need to think about your product. Is it better for Facebook? Because thereâs probably a certain group of people that would be interested in it. It canât be like I sell toilet paper. That doesnât work. Thatâs everybody. Or it has to be very specific and targeted in the Facebook world where even if you donât know how to target, Facebook might know how. Googleâs more again search. It can be both. Just knowing that maybe where you want to start depends on your products, which would they be better for. All right. Going back to number three on our little imaginary outline here is remarketing. Again, we talked about remarketing. Thatâs theyâve been to your site. Theyâve interacted with you in some way. Youâre now going to show them that ad again. How do you do remarketing? Well, Facebook and Google both have remarketing products. So, again, it depends. I would do remarketing on both because then youâre hitting them where theyâre living. Maybe Google remarketing can be better wherever they are on the Internet. Theyâre going to be seeing your ads. Facebook is for people that are living mostly on Facebook and Instagram. Theyâre going to see your ads on Facebook and Instagram feed. Both are important. I donât know which one is more important. It depends. Right. And then going back to thatâs the concept of remarketing. But the actual medium of it is you can do general banners that are more descriptive of your whole website or a whole business. You want to cover a lot of bases. For example, Kissed by a Bee. You want to say this is a natural, organic cure for eczema. And they have other products. Actually, thatâs a bad example. You want to just say: Hey, weâre a natural products company. Hereâs our story. Same with Heroic Kid: Hey, weâre here to help serve the children that have type 1 type diabetes. And maybe thereâs a picture of the product, picture of the kids smiling. You can do that by way of a video. Facebook, you can create a video that can be marketed. On the Google world, youâre gonna be creating the video, itâs going to get popped into YouTube, and that will be remarketed. So those are both remarketing. You can start with more of a general. Hey, remember me? Weâre awesome. Hereâs our story. Thatâs a general remarketing. Being more specific is dynamic remarketing. Going back to the top of the list here, we talked about product feeds. If you have sent your product feeds to Google and Facebook, which again is super easy, you can now remarket the exact product that they viewed, actually specifically if they did not buy it. Theyâre going to start seeing this exact product in price both on the Google side, which is basically the entire Internet. When youâre just looking at websites or in the
Richard: Yep. Well, itâs funny. I have no idea how this got to my mind, but weâre both parents. As parents, we donât spend advertising dollars, but we need to remarket over and over every day. How many times have you told your children a particular thing, and they donât buy the first time? Yes. And you got to say it again. And you got to say it again. Got to say it again. And eventually, they buy. Right. And so, again, I know thatâs a strange analogy, but Iâm sure you get the point. Itâs not everybody gets it. Sometimes itâs just as simple as theyâve heard it again. Sometimes they didnât buy because they were looking at work the first time. And the boss came in and they closed it down. Other times their significant other just came home, and they want to see their family, and they shut the computer. We donât know all those reasons. So remarketing is really just about knowing that at some point in time, there was some form of interest, and they might just need to hear it again.
Jesse: Yeah. And by the way, if youâve used the Internet, if you ever looked at your phone, youâre being remarketed to all the time. So when you like I was looking at this last week, and I see it on my feed, yeah, thatâs remarketing. Thatâs the other companies theyâre setting up. If youâre not using that tool, youâre not really giving yourself a good shot at making it on the store. And this is the whole goal why youâre listening to the podcast; youâre trying to get your store successful. So use remarketing.
Richard: Yeah, and not only that, just to keep adding on to this. I remember weâve been doing this for a while. Gosh, I donât even want count the years right now. But remember when it first started, it wasnât necessarily creepy as much as it was fascinating. You literally thought this company must be huge. Youâd go, and youâd look at something, and then you would see it over there, and you go to another site. Youâd see it there, and you like, What the heck, man? And then it was like forced serendipity. Like you just think that itâs destined to buy this thing, but you donât realize itâs following you. There are people for the first time having that feeling again right now.
Jesse: For sure. For sure. And I think that to your point of, it makes these companies look bigger. It will make your company look bigger, and it legitimizes you. Iâve been doing this for a long time. If I donât get remarketed to, Iâm a little worried; maybe this company is not worth it? Am I actually going to get the delivery of this product? This is a basic tool that you should be using. I donât know. I guess Iâm making this my soapbox here. But you could skip the other things we talked about and then do remarketing. Do remarketing. I thought I was convincing enough. (laughing) Yeah. Do remarketing. All of the options we talked about, theyâre all great. They can all work independently. So yes, you can use remarketing alone. You can use search alone. You can use display. But they all work better when you do them all together. Thereâs like a multiplier effect here. If you are paying for a search and that 99% of the people are not going to buy, why wouldnât you do remarketing? Or if youâre going to do a search. Now, this person is pixelled, not just by Google; theyâre also pixelled by Facebook. So now, when theyâre on Facebook, thereâs another intent signal for display, so weâre trying it together to get to this intent. Now Facebook knows this person is more likely to buy this product, and they might show that whether itâs remarketing or not. Yeah. Then, of course, remarketing always plugs all the holes. So however they got to your site, they will probably get caught up in your remarketing funnel. Thatâs called remarketing funnel. Itâs like a
Richard: Yeah. To add on to what youâre saying there too about this multiplier effect, it goes back to where we were joking conspiracy theory. If you spend more money, theyâll show up your other content. At its basic level, the reason why it will is perfectly stated in what Jesseâs talking about with remarketing. They might have come to your site because you have a blog about how to cook pancakes, and they read the blog, and now you can use advertising to remarket to that person and show them your pancake spatula. They may or may not buy it right then, but because you had that pixel in because you did this collective work, you can actually get that same multiplier effect. You can bring them back to your site and maybe they donât buy that time again. But maybe now they go back to the blog, and they read some of that other stuff youâve been doing. On past episodes where weâre talking about content creation and doing all these other things. But to keep it in context here, that remarketing pixel and your ability to remarket to those people is incredible for sure.
Jesse: And and to go a little bit deeper on that. The reason why we want to do these altogether is feeding the algorithms. The Facebook algorithm needs to know numbers. It doesnât work when you just send five visitors to a page. It needs 50 visitors, 100, 500 visitors. So if youâre feeding a bunch of traffic to a page, Facebook starts to see: Oh, okay, all these people are on this page. Now I know who likes pancakes spatulas. I didnât realize there was a thing. But if you keep feeding all this traffic to one page and a couple of people buy, the algorithm starts to figure out. OK. Got it. We know, and thereâs this little hidden signal here that you wonât know. You donât need to know it. You just need to know that Facebook will start delivering those visors. And Google has similar mechanisms. In the recent reason, I say they all work together. I donât like to say, come on, do Google in October and then turn it off. And then I do Facebook in November and then turn it off and then do remarketing in December. No, do them all together because thereâs a multiplier effect at work here. They all work. They donât necessarily work together, but they work together. (laughing) I donât know. Again, poor description from the professor here. All right. Iâll work on that.
Richard: It works. Itâs worth weâre throwing a lot. Weâre trying to remind them at its base level what it is. Just do this; take action. The more data they get, the better. The more you do this, the more data youâre going to get, and youâre going to get better at it. And again, this one we are titling it that itâs for the holidays, but itâs mostly a momentum play. We just want you to get started so that you can get that data, and this truly can be applied anytime, though. Itâs one of those things. I donât know why this is coming to mind. But whatâs the best time to plant a tree? Twenty years ago. Whatâs the next best time? Today. You probably should have started doing advertising a while ago. Yeah, but no matter what, start doing advertising today.
Jesse: Yep. And the other reason why you start is youâre going to make some mistakes. Youâre going to make a video that you think is awesome, and itâs going to describe your product perfectly, and it wonât work. Or youâre going to do an ad that you think has the best text in. It describes your unique selling proposition. And then youâre going to look at the stats, and youâll be like, Man, I spend like 300 hours in this. I have one sale, my products only $50. You will make mistakes. And now youâve learned from that. And then you try different, and you try different videos. Iâve decreased that cost per sale number. You canât improve unless you make mistakes, and you canât make mistakes unless you start. So you have to start. You just have to start. Donât wait. Donât listen as a podcast and say like, Yeah, maybe in January. No, just start now. Donât spend more than you can. Donât be dumb. Donât be crazy here and spend all your money. Just spend what you can and learn from that and rinse, repeat, and try to improve each step along the way. All right, so talked about starting, talked about the insights, Richie. I mean, I hope I didnât scare anybody here. What else do we got for them? Anything else?
Richard: No. I think this has been fantastic. I mean, for the most part, our goal of this episode is to get merchants started advertising and get ready for the holidays. I really want just to remind them. At this basic level, advertising is broken into three categories: search, display and remarketing. And they should be using that 80/20 rule we talked about, and we covered lots of different businesses, Pinterest, YouTube, all that stuff. But just use Google and Facebook to get those results, and you will see results.
Jesse: All right. Rich, whatâs the best time to get started?
Richard: Right now.
Jesse: All right. I love it. All right, everybody, get out there. Make it happen!