Seth Godin sold a fair number of books with the title, All Marketers Are Liars.
And these days, that’s just scratching the surface.
It seems no matter which way you turn, there’s no shortage of nefarious types willing to prey on good-natured — and often hapless — entrepreneurs trying to make it in this cut-throat world of business.
Just today, I got two calls from a bubbly little ball of goodness named “Sarah” with Webatronics. [Read more…] about Sarah and the Webatronics Tele Scam
The American writer and public intellectual, Gore Vidal, once quipped:
“As one gets older, litigation replaces sex.”
If Vidal had made it to the gym in his later years, he would’ve switched “litigation” for “CNBC.”
Let me explain.
This copywriting research secret has nothing to do with the cable television business news channel.
It’s a little known way to… [Read more…] about CNBC Replaces Sex
“$100 Million Wasted On Ads That Never Pay” was written by Claude Hopkins in 1909.
Hopkins was possibly the highest salaried copywriter in history — he pulled down today’s equivalent of $4.5 million a year.
There was a reason his boss, Albert Lasker, paid him so much. He brought in more revenue for his agency and their clients than any ad writer had ever done before.
Here’s how “$100 Million Wasted On Ads That Never Pay” starts out:
“We estimate that every year is wasted $100,000,000 on ads that should never run.
That $125,000,000 is being spent annually to accomplish what $25,000,000 should do.
If such ads were put to comparative test, they would all be discarded. And each would teach a lesson which one never could forget.”
In 2013 dollars, $100 million translates to $2.5 billion dollars.
For all the waste circulation in advertising today, $2.5 billion seems improbably low. Keep in mind that print advertising was largely the only game in town back then. [Read more…] about The “Billionaire Bonehead” of Direct Mail Marketing
Anyone in the alt-health and supplement business can’t help but notice the growing trend of wrongful death cases.
A few weeks ago, I wrote how Manoj Bhargava, founder of 5-Hour Energy, went on the assault when his company came into the spotlight due to several wrongful death suits. I’m neither an attorney nor a nutrition scientist but I’d be surprised if there’s any judgement against Bhargava’s product, given how little different it is from a cup of dark roast Starbuck’s with some B vitamins thrown in.
Last week, a wrongful death case against Jack3d (pronounced: “jacked”) manufacturer, USPlabs, hit the wires.
But this is a product in a whole other category than 5-Hour-Energy due to the controversial ingredient dimethylamylamine (DMAA). It’s an amphetamine-like stimulant that’s already been banned in the U.K., Australia and Canada.
It’s available in any sports nutrition outlet the United States and is the preferred pre-workout supplement for many gym rats, including yours truly on occasion. I’ll be hitting the medical databases before my next scoop though.
Many lifters in the States are stockpiling the stuff anticipating an eventual ban.
Here’s the link to the lengthy New York Times article: Is the Seller to Blame? Workout Supplement Challenged After Death of Soldier.
The “mystery monk” got his first taste of energy drink ten years ago at a trade show.
From his first sip, he knew he wanted a piece of this market but wasn’t ready to take on emerging giant, Red Bull.
Nor did he care to share fridge space with Coke or Pepsi.
So, he invented his own product category — the energy shot.
It’s the retail point of sale success story of the last ten years. His product is now located next to countless cash registers all across the country.
And, the “mystery monk?”
Until recently, little was known about him. He broke his silence in this must read Forbes article last year.
His private company went from zero to over a billion dollars a year in sales in short order. [Read more…] about Mystery Monk’s Brand Battle