The Killer Conversion Hack that Marketers Don't Really Want to Share | Ep. #536 - a podcast by Eric Siu & Neil Patel

from 2018-01-18T11:00

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In episode #536, Eric and Neil discuss the one major marketing hack that professional marketers don’t want to share. Tune in to hear why “urgency” is key to making vital sales.

Time-Stamped Show Notes:

[00:27] Today’s Topic: The Killer Conversion Hack that Marketers Don't Really Want to Share
[00:37] The killer conversion hack is urgency.
[00:48] Neil thinks that 50% of his sales came from urgency.
[01:00] Eric was taken in by a limited-time sale on Bonobos, so he knows that urgency is effective.
[01:45] It has to be true scarcity or urgency to convince people to buy. If you do it too often, it’s like crying wolf.
[02:20] For people who don’t complete the purchase, you can remarket all of those people with a video ad on YouTube and Facebook
[03:35] The urgency you are establishing could be based on rising price (limited time discount offer), instead of scarcity.
[04:01] Put countdown clocks within your emails to your list.
[04:39] A ton of traffic still comes in after the offer expires. Make sure to adjust your landing page to reflect this, but offer them a head’s up about the next sale if they give their contact information.
[05:07] Look at the Jeff Walker Launch Sequence for reference.
[05:30] Send multiple emails on the day before the sale ends or even on the final day.
[06:11] Eric launched a product using urgency: it wasn’t based on expiration, but a one-time lower price offer.
[07:03] That’s it for today!
[07:13] Go to Singlegrain.com/Giveway for a special edition of Crazy Egg, the heat mapping tool.

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