Entrepreneurs on Fire

The Seinfeld Incentive Strategy Any Business Can Use with John Dwyer

11 snips
Feb 5, 2026
John Dwyer, direct-response marketing pro and founder of The Institute of Wow, shares how incentive-based campaigns grab attention and drive action. He breaks down using contests and prize offers to generate targeted leads. Hear the story behind a Seinfeld-fronted banking stunt and how a good incentive can flip buying behavior without cutting margins.
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INSIGHT

Don't Compete On Price

  • Marketing on price loses to bigger competitors and is unsustainable for most businesses.
  • Create a wow factor or incentive to shift attention from price to value.
ADVICE

Use Direct Response For Fast Results

  • Use direct response marketing to get measurable results quickly instead of slow brand-building.
  • Advertise where you can get an immediate return, like Facebook, and test fast.
ANECDOTE

Invisalign Contest Generated 1,000 Leads

  • John Dwyer ran a Facebook contest offering $5,000 Invisalign and got 1,000 leads in a week.
  • He gave one prize and used follow-up offers to convert many of the other entrants.
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