The difference between direct response and branding is not the ROI on the advertisement itself, but on the time horizon with which we measure it. And so what's interesting is that brand people are now realizing is an amazing arbitrage opportunity for maximizing value. You can't become a millionaire doing small games right? So I'm not saying you can't do it. It's just that as I've aged or weathered in the game, I think there needs to be a shift more towards branded marketing.
Slow and steady marketing wins the race. Today, Alex (@AlexHormozi) talks about the key difference between Branding vs. Direct Response, the opportunity to maximize your value, and how slowly building your brand will set you up for success in the long run.
Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.
Timestamps:
(0:20) - Main difference between Branding vs Direct Response
(3:02) - Branding can be a potential opportunity for maximizing value.
(5:59) - It’s very rare to find a “Direct Response” company these days
(9:13) - Give people the words that describe your brand instead of redefining it yourself
(13:24) - There aren’t enough older people to pass on their advice
(15:29) - Goodwill compounds faster than revenue
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(This episode is a re-run. Original airdate was March 24, 2022)