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The Playbook With David Meltzer

What is Marketing?

The Playbook With David Meltzer

David Meltzer, Entrepreneur.com

Entrepreneurship, Business, Careers

4.61.9K Ratings

🗓️ 9 November 2019

⏱️ 22 minutes

🧾️ Download transcript

Summary

Key Moments: [2:35] Marketing is about playing the right songs [5:12] Finding your frequency and learning how to monetize it [11:00] Money allows you to shop, shopping for the right things makes you happy [16:00] Gratitude is the easiest way to change your life. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

That's what marketing is. You can make someone feel a certain way in order to monetize that for a brand, right, a product, a service, a solution.

0:08.8

This is entrepreneurs, the playbook. What is marketing? Is it promoting something for money?

0:14.4

Is it selling sponsorship?

0:17.9

Do you market something?

0:19.1

I'll tell you what I decided marketing is.

0:21.1

It's the ability to connect emotionally. That's all it is. It's the ability

0:27.2

to connect emotionally. People buy on emotion for logical reasons. And what I

0:31.9

realized that I was a great marketer for one reason. I could connect to people

0:36.8

emotionally. I could find out by being more interested than interesting what they liked

0:41.2

and what they didn't like. And I could evoke emotion and then inspire them with

0:45.8

reasons, impacts, and capability to take action. And the action that I wanted them

0:51.4

to take was to give me more money so I could help more people and have more fun.

0:56.0

I believe marketing relates to your perception of life, not only in the respect that I want to connect emotionally and monetize it,

1:03.0

but understand and inspire people that there's three different worlds.

1:07.0

It's difficult to market the people that live in a world of not enough.

1:12.0

If you're living in a world of not enough.

1:13.2

If you're living in a world of not enough,

1:15.1

you're a victim.

1:17.0

We all know people like this.

1:18.3

Everything happens to them.

1:20.6

Regardless of how much money they have,

1:22.2

I have a friend who has a $40 million home in Newport Beach,

...

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