The Surprising Marketing Tactic We Would Invest 10M Into Right Now #1798 - a podcast by Eric Siu & Neil Patel

from 2021-07-17T13:00

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In episode #1798, we talk about product-led growth and why we find it such an effective marketing tactic that we would invest 10M in it. Giving away a product for free is an extremely good way to build an audience that can then be monetized at a later stage. Even though this tactic does not produce immediate returns, it brings in a ton of money in the long term. Tune in to hear how delayed gratification wins at the end of the day!
TIME-STAMPED SHOW NOTES:[00:25] Today’s topic: The Surprising Marketing Tactic We Would Invest 10M Into Right Now.[00:40] Investing in free tools that gobble up the marketplace.[01:07] Leveraging an audience built off a free tool through upsells.
[01:27]This tactic is more cost-effective than advertising.
[01:31]The long-run effectiveness of controlling a big buyer pool.
[01:41]Examples of product-led growth.
[02:29]Examples of companies investing in ‘free’.
[03:52]That’s it for today!
[03:53]To stay updated with events and learn more about our mastermind, go to the Marketing School site for more information or call us on 310-349-3785!
 Links Mentioned:
 OpenView Ventures
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