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Marketing School - Digital Marketing and Online Marketing Tips

When Is the Right Time to Start Advertising On A New Platform #1855

Marketing School - Digital Marketing and Online Marketing Tips

Eric Siu and Neil Patel

Business, Marketing, Careers

4.61.4K Ratings

🗓️ 12 September 2021

⏱️ 4 minutes

🧾️ Download transcript

Summary

In episode #1855, Neil and Eric talk about how to know when it’s the right time to start your ads on a new platform. If you do diversify too soon, you could land in hot water, so getting the timing right is so important. Tune in to hear it all! TIME-STAMPED SHOW NOTES: [00:25] Today’s topic: When Is the Right Time to Start Advertising On A New Platform. [00:28] Think about your resource constraints and what’s happening with your existing channels. [01:10] If you try to do many channels at once, you’re like to go nowhere slowly. [01:49] When you a new ad or new features come out, try to arbitrage the costs. [02:08] Make sure people who are handling different platforms are communicating with one another. [02:37] That’s it for today! [02:37] To stay updated with events and learn more about our mastermind, go to the Marketing School site for more information or call us on 310-349-3785!   Links Mentioned in Today’s Episode:   Morning Brew Gary Vaynerchuk   Leave Some Feedback:     What should we talk about next? Please let us know in the comments below Did you enjoy this episode? If so, please leave a short review.     Connect with Us:    Neilpatel.com Quick Sprout  Growth Everywhere Single Grain Twitter @neilpatel  Twitter @ericosiu Learn more about your ad choices. Visit megaphone.fm/adchoices See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

Welcome to Marketing School, the only podcast that provides daily top-level marketing tips

0:06.4

and strategies from entrepreneurs that practice what they preach and live what they teach.

0:11.4

Let's start leveling up your marketing knowledge with your instructors, Neil Patel, and Eric

0:16.8

Sue.

0:17.8

All right guys, before we start, we got a special message from our sponsor.

0:24.1

If you want to rank higher on Google, you got to look at your paid speed time.

0:28.6

The faster your website loads, the better off you are.

0:31.4

With Google's Corvital update, that makes it super, super important to optimize your

0:35.5

site for low time.

0:37.7

And one easy way to do it is use the host that Eric and I use, Dreamhost.

0:42.2

So just go to Dreamhost or Google it, find it, check it out, and it's a great way to improve

0:47.7

your low time.

0:48.7

Today, we're going to talk about when the right time is to start advertising on a new platform.

0:57.6

The simplest way to think about it is how many resources do you have and what's happening

1:02.0

with your existing channels?

1:04.5

So if you don't have a ton of resources and your existing channels, still have a lot

1:09.0

of growth potential, don't go and advertise on new channels or go expand your marketing

1:13.4

channels.

1:14.4

What you should do is go leverage and maximize what you're already doing and just do it

1:17.9

better and grow faster.

1:20.8

On the flip side, if your current channels are growing really well, but you have extra

1:24.8

resources, by all means, start testing out new channels.

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