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Valuetainment

How Marketers Create Billion Dollar Trends

Valuetainment

Valuetainment Episodes

Business

4.81.7K Ratings

🗓️ 25 September 2020

⏱️ 48 minutes

🧾️ Download transcript

Summary

Patrick Bet-David sits down with Contagious author and New York Times Best Seller Jonah Berger to discuss viral marketing.

Watch the full video here: https://youtu.be/maako3FhPCg

--- Support this podcast: https://podcasters.spotify.com/pod/show/valuetainment/support

Transcript

Click on a timestamp to play from that location

0:00.0

Technology has changed things, but people have been sharing things for thousands of years.

0:04.4

How do we talk about one product versus another?

0:06.6

Can we get people talk about our stuff, our products, and our ideas?

0:10.1

And why do we share content online or products that we use?

0:13.0

Videos that go viral on the web, we say,

0:15.0

oh, you know, they got lightning in a bottle.

0:17.0

I think we have this notion that it's random, that it's luck,

0:20.0

but it's not.

0:21.0

There's really a science behind why people talk. We see the same six factors. Social currency, triggers, motion, public, practical value, and stories. Each of those is a psychological driver of why we talk, why we share, and leads all sorts of stuff to catch on.

0:36.2

Do these six currencies apply to every aspect of life?

0:39.1

We've come across some of these ideas and some of our life but rarely do we make the connection

0:44.1

across different domains of life is the internet has changed something.

0:47.8

The psychology doesn't necessarily change. There are lots of great products and

0:51.5

services that we've never heard of.

0:53.0

So how does one go about changing anyone's mind?

0:57.0

Rather than pushing people really thinking about change a different way and changing the strategy we use to change minds.

1:03.7

Is it also applied to politics?

1:05.4

Does it apply to religions why some religions do better than others?

1:08.7

Obama ran on hope, inspiration.

1:10.6

Trump ran on anger and anxiety.

1:13.0

Both them use high arousal emotions

1:15.0

and use that to drive action.

...

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