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Marketing Your Business - Marketing Strategies for Business Owners

004: The Ultimate Resource for Marketing Ideas

Marketing Your Business - Marketing Strategies for Business Owners

Stu McLaren

Emailmarketing, Amyporterfield, Michaelhyatt, Marketing, Onlinemarketing, Stumclaren, Marketingyourbusiness, Business, Russellbrunson, Contentmarketing, Jeffwalker, Entrepreneur, Patflynn, Membershipsites, Listbuilding, Subscriptionsites, Passiveincome, Recurringrevenue

4.9664 Ratings

🗓️ 19 October 2017

⏱️ 10 minutes

🧾️ Download transcript

Summary

Coming up with new ideas out of the blue is tough! But it doesn’t have to be. Today, Stu shares the ultimate resource for generating a ton of great marketing ideas.  

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Transcript

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0:00.0

Ooh, baby. I just found the ultimate resource for marketers and entrepreneurs. I'm going to tell you

0:06.8

about it in this episode. Marketing your business is for you, the business owner, who has a product,

0:14.0

a service, or a message that you believe in. My name is Stu McLaren, and each week we'll take a

0:18.7

behind-the-scenes look into the real world marketing tactics and strategies for getting what you have in front of a lot more people.

0:26.0

Thanks for spending some time with me today. Now, let's get started.

0:32.1

I don't know about you, but I am always on the hunt for great resources that are going to help me generate a lot more ideas.

0:40.4

I mean, that's why I read books. That's why I listen to podcasts.

0:43.9

That's why I watch videos. That's why I attend conferences and seminars.

0:47.8

At the end of the day, you and I, our success is dependent on the ideas that we're able to produce.

0:56.7

Now, a long time ago, when I was back in college, I attended a marketing class. And in that class, we watched this video of this guy.

1:03.8

His name was Doug Hall. Now, Doug was a guy that he has a business called Eureka Ranch. And what

1:10.4

they do is they help big Fortune

1:12.0

500 companies come up with new product ideas. We're talking like Ford, Disney, FedEx, like huge

1:18.1

companies. And basically what they do is they send their like executive team to Doug's place,

1:25.0

which is Eureka Ranch, is what it's called. And for three days, they just spend

1:29.4

time coming up with new product ideas. Okay, so it was a cool video, and I learned a lot, and this

1:35.6

again was probably, golly, this was like, my goodness, I'm going to be dating myself, but this was

1:40.2

like over 14, 15 years ago that I watched this video. And at the time, Doug was charging these companies $150,000 for three days of brainstorming.

1:49.6

My guess is that it's probably a lot more now, probably even double now.

1:53.2

Regardless, my question when I watched that video is how do they come up with so many different product ideas in over the span of three days?

2:03.5

And not just like the volume of product ideas, but ideas that are actually going to work,

2:08.6

ideas that are actually going to stick, ideas that people are actually going to pay money for.

...

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