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Marketing School - Digital Marketing and Online Marketing Tips

Why You Should Play the Long Game | Ep. #517

Marketing School - Digital Marketing and Online Marketing Tips

Eric Siu and Neil Patel

Marketing, Careers, Business

4.61.4K Ratings

🗓️ 30 December 2017

⏱️ 9 minutes

🧾️ Download transcript

Summary

In episode #517, Eric and Neil explain why you should be patient and play the long game. Tune in to hear what's changed in content marketing over the years, how long you can expect to wait to see results, and how many followers you need before things start really snowballing. Time-Stamped Show Notes: [00:27] Today’s Topic: Why You Should Play the Long Game [00:35] When Eric and Neil first started, you could get results within six months. [00:52] Now there are many potential marketing channels, so it takes different techniques and more time. [01:15] Now, it takes a year to a year and a half. [01:20] In the US, during 2017, Facebook had more advertisers than inventory. [01:37] The question is: when is it going to be too expensive to do paid advertising? [01:48] Go for the organic route, do it for two or three years: you will succeed. [02:13] The Panchenko marketing agency started small, but now is publicly traded and does $200,000,000 in business, [02:54] Americans tend to move onto the next thing over and over, while business people in Japan stick with on business for years. [03:15] Neil has been doing content marketing for sixteen years. [03:45] Neil started with blogging, but it has become so much more. Always play the long game. [04:04] Now, Eric and Neil get to call the shots about what they choose to invest. [04:30] Eric’s cousin works at a B2B marketing agency and gets most of his customers from old content he created. [05:00] This doesn’t mean new stuff isn’t working, it just means it will work in the future. [06:23] Eric has a great metric for content marketing. The URR (Unsolicited Response Rate) is important to gauge how well your content is working. [07:16] Once you get to 10,000 or so followers, it will continue to snowball from there. [07:31] That’s it for today! [07:32] Go to singlegrain.com/giveaway for a special giveaway. 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

Get ready for your daily dose of marketing strategies and tactics from

0:06.8

entrepreneurs with the guile and experience to help you find success in any

0:11.4

marketing capacity. You're listening to marketing school with

0:14.9

your instructors Neil Patel and Eric Sue.

0:18.6

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

0:27.0

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

0:31.5

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

0:34.4

Google's core vital update, that makes it super, super important to optimize your

0:38.5

site for low time. And one easy way to do it is use the host that Eric and I use dream

0:44.5

host so just go to dream host or Google it find it check it out and it's a

0:49.3

great way to improve your load time.

0:51.6

Welcome to another episode of Marketing School.

0:56.0

I'm Errit Sue, and I'm Neil Patel,

0:58.0

and today we are going to talk about why you should play the long game. So Neil, I'll let you kick this thing off.

1:04.6

When Eric and I first started you could get results within six months you want to

1:11.1

do SEO you want to do content marketing, you can rank, it didn't take long.

1:15.9

And you would know within a few months if you're climbing up in the Google ranks and you're going to do well.

1:21.5

As times, you know, gone on, now there's other channels. Facebook, Instagram, LinkedIn,

1:26.3

Twitter, the possibilities just keep coming on and on and on and on and

1:30.1

and they're never ending and you wait another four or five years and I bet there's going to be a new handful of channels.

1:35.5

In addition to that, the landscapes become really competitive.

1:39.0

When before we would see results within three to six months, we're like, all right, it's working.

...

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