What YOU can learn from the U.S. presidential race - FREE REPORT FOR ALL ***

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UPDATE: Paul Myers - ultra successful Warrior extraordinaire - has graciously provided a 33-page report with excerpts from his acclaimed internet marketing newsletter for all to enjoy.

This report is a must-read. Get it now - and after you read it be sure to 1) thank Paul on this thread and 2) sign up for his newsletter if you are not currently subscribed: Online Business Building Newsletter - TalkBiz News

Here's the FREE 33-page Report from Paul:

http://www.talkbiz.com/cgi-bin/db.pl?presidency,wf

Ken

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You may ask what the U.S. presidential race has to do with your ability to make money? You'd be surprised to know just how much, assuming you carefully observe what's happening.

This thread is NOT about who you want to win the election. DO NOT respond with your opinion about that. You'll notice I won't even use the candidates' names.

This thread is NOT about politics - it's about internet marketing strategy based on lessons learned from watching politics. Thank you in advance.


What I'm digging into here are some lessons I've taken away from watching this election race unfold. There's no doubt in my mind others will have additional lessons to talk about here.

Here are two big lessons I've taken away:

1) The power of standing for something specific

Each of these presidential candidates stand for a certain philosophy and approach to governing the U.S. into the future.

When the "something" they stand for is too general, muttled or is not coming through, poll numbers tend to go down. When the "something" they stand for is clear and specific, poll numbers tend to go up. This is a valuable lesson for us marketers.

A lot of marketers underestimate their positioning as a leader in their given markets/niches. But if you think about it, that's exactly what we are.

We're effectively "standing up", getting in front of a target market and leading them toward the purchase of certain products or services.

This leadership takes place in many forms - mainly through writing but also through webinars, teleclasses, videos, podcasts, etc. Even if it's just a sales page going directly to a product purchase, the page is leading and guiding the reader through the communication of specific points.

So what's the lesson?

As a general rule, when the communication is clear and specific, conversions and sales will go UP. When the communication is vague and general, conversions and sales will go down.


2) The power of effectively creating and changing conversations

One thing is clear from watching all this election coverage: each candidate's camp is always trying to control the conversation for their own advantage.

This makes sense. After all, being the center of conversation is vitally important in an age filled with much noise and distraction.

But the real lesson I've gained has to do with the candidates' abilities to CREATE new conversations and also CHANGE conversations to their own benefit. In certain cases the conversation has changed to their detriment - this can be said for both candidates.

Why is this so valuable to observe? Because "conversation management" is something top marketers are able to do brilliantly.

The ability to create and control a conversation that agrees with, challenges or in some way speaks to your prospect's worldview is one of the least talked about million-dollar skills in IM.

Be sure to watch this next week to see how each candidate is managing the country, media and even world conversations in the home stretch.

____________________________


Ok, now it's your turn. What lessons have YOU taken away from this presidential race specifically relating to your ability to make money online?

The examples I shared above are quite broad - your examples may be more specific. Great! Bring them on for everyone's benefit.

Best regards,
Ken
#learn #observing #presidential #race
  • Profile picture of the author garyv
    I've learned that the percentage of money spent on ads, does not always directly correlate to percentage of value received from those ads.
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    • Profile picture of the author Ken Preuss
      Originally Posted by garyv View Post

      I've learned that the percentage of money spent on ads, does not always directly correlate to percentage of value received from those ads.
      GREAT point. Just because a paid ad gets run/shown does not mean it will be effective - nor does it mean that the perception or results will be as expected.

      Ken
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      • Profile picture of the author JohnMcCabe
        At least here in Florida, one lesson is obvious from the Presidential race down to local offices...

        If you can't say something nasty about your opponent, don't say anything...

        Only one more week until this nightmare campaign is over.
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        • Profile picture of the author davebo
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          • Profile picture of the author Ken Preuss
            Originally Posted by davebo View Post

            I've learned that it helps tremendously to have the entire media so much in your back pocket. That way they focus more time on your epponents wardrobe than on your affiliation with terrorists and people that generally hate america.
            What does this have to do with a lesson for internet marketers?

            Come on guys, the OP was clear. Stay on topic. There's much to be learned from detached observation.

            Ken
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            • Profile picture of the author davebo
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              • Profile picture of the author Ken Preuss
                Originally Posted by davebo View Post

                a) Having the media on your side helps for your marketing.
                b) If you don't want to get political, you should probably avoid political topics 1 week before the election.
                Regarding point A, thanks for getting back on topic. Obviously the power of media support cannot be understated.

                Regarding point B - if you want to rant about the candidate you don't want, do it in the off-topic forums. The purpose of this post was crystal clear.

                Respectfully,
                Ken
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          • Profile picture of the author Kurt
            Originally Posted by davebo View Post

            I've learned that it helps tremendously to have the entire media so much in your back pocket. That way they focus more time on your epponents wardrobe than on your affiliation with terrorists and people that generally hate america.
            How they manipulate and exploit the press for free publicity is something every marketer should examime.

            The other day, I was watching one of the political shows and they were discussing the commercials of each party, and a pundit commented that a friend of his told him that he has never even seen the commercials they talked about every day.

            Both parties create commercials that they never pay for air time, release them to all the news networks, then the networks debate the commercials, giving them free air time.

            Those that run presidential campaigns are the best marketers there are. A guy named Sig Rogich was the spin doctor" for both Reagan and Bush I.

            What people may not realize that Rogich ran the largest marketing firm in Las Vegas, R&R marketing, before selling his share of the company to work for Reagan and Bush. R&R has won every Las Vegas city contract for the past 30 something years, and has been in charge of LV's advertising and marketing since. Last I heard, the contract was worth close to $100 million for the year. This is the same company that came up with the "What happens in Vegas, stays in Vegas".

            This slogan was so successful, that it became a catch-phrase, used by comedians, marketers, talk show hosts, etc. Each time someone uses the phrase, it helps brand LV for free...A great marketing campaign.

            A little off topic, but the truth is, those in charge of these campaigns are big time marketers.
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  • Profile picture of the author IMChick
    I've learned that YouTube, social media and blogs as very powerful forces to be harnessed and directed for your own purposes. This race has seen unprecedented internet fund-raising and awareness gathering due to the use of social media & blogs. Ignore them (for your own business) at your own peril.
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    • Profile picture of the author Peter Helps
      That social media is extremely powerful and big driving force behind the elections and any marketing for that matter.

      I strongly believe that one candidate is going to win, partially because of the fact that he embraced the social media sooner and more effectively.

      One other thing, I would NEVER and repeat, NEVER want to be a politician.

      Peter
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      • Profile picture of the author IMChick
        [
        One other thing, I would NEVER and repeat, NEVER want to be a politician.

        Peter[/quote]

        On my list of "NEVER" want to be" (right above politician), is the voice of a Disney villain. Same reason.
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  • Profile picture of the author Scott Ames
    There has got to be a way to cash in on the Presidential race next time. Maybe some here are doing it. The repetitive power of the news is amazing.
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    • Profile picture of the author Ken Preuss
      Originally Posted by Scott Ames View Post

      There has got to be a way to cash in on the Presidential race next time. Maybe some here are doing it. The repetitive power of the news is amazing.
      Scott,

      I've been thinking the exact same thing. There are some newer "political consultants" showing up on some of these TV programs whose careers are literally getting made due to record high viewership.

      As far as marketers cashing in, I'd be interested to hear about that too.

      Ken
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  • Profile picture of the author Paul Myers
    Dude, where do you want to start? I've included over 30 pages of ideas on this very subject in my newsletter recently.

    This is the biggest lesson in high-stakes marketing you can get, and every detail is out there to be examined. Stuff that no commercial enterprise would ever let you see.


    Paul
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    • Profile picture of the author Ken Preuss
      Originally Posted by Paul Myers View Post

      Dude, where do you want to start? I've included over 30 pages of ideas on this very subject in my newsletter recently.

      This is the biggest lesson in high-stakes marketing you can get, and every detail is out there to be examined. Stuff that no commercial enterprise would ever let you see.


      Paul
      Paul,

      You are so right. Observation is a phenomenal teacher. The lessons - particularly during this specific election year - are absolutely mind boggling.

      If you'd be willing to copy a few of your big ideas here for those who haven't (yet) subscribed to your newsletter, that would be great.

      Ken

      P.S. If you're reading this and haven't done so, for gosh sakes subscribe to Paul's newsletter. Now.
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      • Profile picture of the author Paul Myers
        Ken,
        If you'd be willing to copy a few of your big ideas here for those who haven't (yet) subscribed to your newsletter, that would be great.
        I'll do you one better. Here:

        http://www.talkbiz.com/cgi-bin/db.pl?presidency,wf

        All 33 pages of the main articles in that series, in PDF format. Feel free to pass it around.


        Paul

        PS: That weird looking link just lets me know how many people from here grab the file. Nothing else.
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        • Profile picture of the author Ken Preuss
          Originally Posted by Paul Myers View Post

          Ken,I'll do you one better. Here:

          http://www.talkbiz.com/cgi-bin/db.pl?presidency,wf

          All 33 pages of the main articles in that series, in PDF format. Feel free to pass it around.


          Paul

          PS: That weird looking link just lets me know how many people from here grab the file. Nothing else.
          Outstanding Paul. That document is pure gold and I hope a ton of folks here read it.

          I'm also hoping more people have examples they want to share.

          Ken
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    • Profile picture of the author Kurt
      Originally Posted by Paul Myers View Post


      This is the biggest lesson in high-stakes marketing you can get, and every detail is out there to be examined. Stuff that no commercial enterprise would ever let you see.


      Paul

      Paul...

      Yep, and unlike most markets, it's winner take all.

      All...

      Here's another example, which whether you agree politically or not, was pure genious. In the last election, Karl Rove came up with the perfect wedge issue: Gay marriage. Most of us never even thought about this as an issue, until it was brought up and made into a campaign issue.

      Here's what happened: Latin americans tilt strongly to the democrats. However, they are also heaviliy catholic. The issue of gay marriage turned enough latinos to vote republican to probably win the election for Bush.

      Drop the morals, and this single issue was brilliant.
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      • Profile picture of the author Paul Myers
        Kurt,
        Here's another example, which whether you agree politically or not, was pure genious. In the last election, Karl Rove came up with the perfect wedge issue: Gay marriage. Most of us never even thought about this as an issue, until it was brought up and made into a campaign issue.

        Here's what happened: Latin americans tilt strongly to the democrats. However, they are also heaviliy catholic. The issue of gay marriage turned enough latinos to vote republican to probably win the election for Bush.

        Drop the morals, and this single issue was brilliant.
        Classic Rove. Yeah. The boy is brilliant. Evil, in a Macchiavellian sort of way, but clearly a brilliant electoral strategist.

        The lessons to be learned from this stuff are beyond what any one person is likely to catch.


        Paul
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      • Profile picture of the author Ken Preuss
        Originally Posted by Kurt View Post

        Paul...

        Yep, and unlike most markets, it's winner take all.

        All...

        Here's another example, which whether you agree politically or not, was pure genious. In the last election, Karl Rove came up with the perfect wedge issue: Gay marriage. Most of us never even thought about this as an issue, until it was brought up and made into a campaign issue.

        Here's what happened: Latin americans tilt strongly to the democrats. However, they are also heaviliy catholic. The issue of gay marriage turned enough latinos to vote republican to probably win the election for Bush.

        Drop the morals, and this single issue was brilliant.
        Kurt,

        Indeed, a brilliant example of knowing how to create/introduce a conversation that gives you the advantage.

        The one key difference is this election, however, has to do with the general public's backlash against negative campaigning. This has to do with both candidates and what they've chosen to focus their ads on in the last month or two.

        Our individual beliefs about who has been more effective at this is irrelevant to the point, which is that the public perception (translated: customer behavior) is becoming increasingly against negative campaign ads. Something I would be taking note of were I a marketing specialist in the political arena.

        Note: This backlash could also be heightened during this particular election cycle due to the urgency and seriousness of the current U.S. situation. Context is always vital to consider.

        Ken
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    • Profile picture of the author GrantFreeman
      Originally Posted by Paul Myers View Post

      Dude, where do you want to start? I've included over 30 pages of ideas on this very subject in my newsletter recently.

      This is the biggest lesson in high-stakes marketing you can get, and every detail is out there to be examined. Stuff that no commercial enterprise would ever let you see.


      Paul
      Yup. This is awesome, and I'm still trying to absorb all the points Paul makes but there are so damn many to take action on it's overwhelming.

      Ken, thanks for posting this info, and taking the time.

      Paul, thanks again as usual

      Grant
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  • Profile picture of the author logosi
    I've had a very successful CPA offer running, based on the election. It's powerful.
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  • Profile picture of the author ItsMoneytime
    I've learned that people want change because they are not liking whats going on right now. I put that in retrospect because if change is what you need why not go for it. I've also learned that you must have a plan and go all out on it. Not to let that brick wall knock you down....and keep you down. But to find a way around it, over it, or try to break it down. Be patient, but NEVER count your eggs before they hatch!
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  • Profile picture of the author MizzCindy
    How about the awesome power of getting the general populace to spread you message and browbeat your competition for you? Viral marketing at the extreme!
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  • Profile picture of the author talfighel
    Not every ad that anyone runs will be as effective as they want it to be.

    Some will do better and some won't bring in the expected results.

    Tal
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    • Profile picture of the author JohnMcCabe
      Now that I've had several hours without a Robo-Call, I can contribute something less acidic to the stew...

      One thing that I haven't seen yet in this thread is the attention paid to carefully segmenting the market.

      There are millions of single-issue voters, and even more importantly, activists. You could be the reincarnation of Mussolini, and if you stood on the "right" side of their issue they'll vote for you.

      So you want these very passionate people on your side.

      On the other hand, you don't want to alienate other groups that don't care about that, just where you stand on this.

      What you are left with is a high-wire act, without a net, in full view of the general public.

      To get to the other side (win the office), you have to walk the party line to keep the faithful active. Then you have to work with the special interests and single-issue groups (the balance pole), skillfully tipping the pole one way and the other to keep your progress moving in the right direction.

      At the same time, your opponent is doing the exact same thing on a parallel wire, also in full view of the general public.

      To push the metaphor to an extreme, the ideal outcome is to tip your balance pole at just the right time to knock your opponent off balance without appearing to have done so deliberately.

      Edit: I was just reading Paul's report, and realized that much of the thinking behind my metaphor came from his newsletter. So I came back to give credit where it was due...

      Oh, and if you are "running" in any of my niches, please do not subscribe to Paul's newsletter. Just kidding, Paul.

      Seriously, if you are not reading TalkBiz News regularly, you are missing out big time.
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      • Profile picture of the author OnlineMasterMind
        The biggest thing I learned is that image and influence matters a heckuva lot more than substance... but maybe I'm just seeing things differently
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      • Profile picture of the author Ken Preuss
        Originally Posted by JohnMcCabe View Post

        One thing that I haven't seen yet in this thread is the attention paid to carefully segmenting the market.

        There are millions of single-issue voters, and even more importantly, activists. You could be the reincarnation of Mussolini, and if you stood on the "right" side of their issue they'll vote for you.

        So you want these very passionate people on your side.

        On the other hand, you don't want to alienate other groups that don't care about that, just where you stand on this.

        What you are left with is a high-wire act, without a net, in full view of the general public.

        To get to the other side (win the office), you have to walk the party line to keep the faithful active. Then you have to work with the special interests and single-issue groups (the balance pole), skillfully tipping the pole one way and the other to keep your progress moving in the right direction.

        At the same time, your opponent is doing the exact same thing on a parallel wire, also in full view of the general public.

        To push the metaphor to an extreme, the ideal outcome is to tip your balance pole at just the right time to knock your opponent off balance without appearing to have done so deliberately.
        Fascinating points John. This again relates to managing the conversation, but with a much more specific agenda as you point out:

        Balancing the need for support from fringe activists with the need for the highest percentage of moderate folks and even some folks from the other side of the ideological spectrum.

        Indeed a delicate high-wire act that involves skill, nuance and impeccable timing.

        Ken
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  • Profile picture of the author Tsnyder
    One important lesson to learn... especially for those just
    getting started... comes from the Republican candidate...

    In February everyone had pretty much counted him out.
    Campaign funds were low... he let much of the staff go... heck,
    he was carrying his own baggage in New Hampshire...

    But, here we are... today... he's the last man standing from
    his party and is close to winning the prize. People are still counting
    him out but he steadfastly refuses to quit.

    Whether he is successful at achieving his ultimate goal in
    the campaign remains to be seen but the the point is...

    Stand up... be counted... take your best shots... and never give up.

    Tsnyder
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    If you knew what I know you'd be doing what I do...
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    • Profile picture of the author garyv
      Originally Posted by Tsnyder View Post

      One important lesson to learn... especially for those just
      getting started... comes from the Republican candidate...

      In February everyone had pretty much counted him out.
      Campaign funds were low... he let much of the staff go... heck,
      he was carrying his own baggage in New Hampshire...

      But, here we are... today... he's the last man standing from
      his party and is close to winning the prize. People are still counting
      him out but he steadfastly refuses to quit.

      Whether he is successful at achieving his ultimate goal in
      the campaign remains to be seen but the the point is...

      Stand up... be counted... take your best shots... and never give up.

      Tsnyder

      Nice post - Persistance is key, even in IM. Keep plugging away. Patience is a virtue in this game.
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  • Profile picture of the author TimGross
    Things I've been reminded of from a marketing perspective:

    * How segmented and fractured markets are
    * People hear what they want to hear and don't hear what they don't want to hear (even if exposed to clear facts when those facts go against their point of view)
    * How much power you have when you've established yourself as a trusted adviser to your group
    * How segmented media has become
    * Slogans beat explanations in many situations

    P.S. -I don't usually share my political views, but I"m voting for the left-hander. :-)
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    • Profile picture of the author Ken Preuss
      Originally Posted by TimGross View Post

      Things I've been reminded of from a marketing perspective:

      * How segmented and fractured markets are
      * People hear what they want to hear and don't hear what they don't want to hear (even if exposed to clear facts when those facts go against their point of view)
      * How much power you have when you've established yourself as a trusted adviser to your group
      * How segmented media has become
      * Slogans beat explanations in many situations
      Tim,

      Your second point is crucial for marketers. In particular, figuring out what the existing conversation is in your target market then designing your marketing sequence - and even your product or service - so it fits with that conversation.

      Ken
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  • Profile picture of the author garyv
    I've also learned that Gurus - or trusted advisers - can quickly lose their sway, if they promote a new item that goes against everthing they've taught in the past.
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  • Profile picture of the author JonathanBoettcher
    ...Stand for something specific...

    I think this goes hand in hand with having a great USP that is different that the rest of what is out there. This is just as true if you're an affiliate marketer as if you are selling your own product.
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