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My First Million - Episode 683: The Greatest Mind Hacks in Marketing History (Craig Clemens Interview)
Episode Overview In this episode, Shaan Puri interviews Craig Clemens, a prominent marketing expert known for generating over a billion dollars in annual sales through innovative marketing strategies. They discuss some of the most effective marketing lines in history and their psychological impact on consumers.
Key Topics Discussed
Introduction (0:00 - 2:22)
- Shaan introduces Craig Clemens as a brilliant marketing mind.
- Teaser about discussing the three greatest lines in marketing history.
Greatest Marketing Lines (2:22 - 41:30)
- "Wife of famous movie star swears under oath her new perfume does not contain an illegal sexual stimulant."
- Crafted by Gary Halbert for Tova Borgnine's perfume.
- Breakdown:
- Social Proof: Involvement of a famous figure.
- Curiosity: Raises questions about the celebrity and the product.
- Stakes Drama: The "swears under oath" phrase adds seriousness.
- Implication: Suggests the perfume must be exceptional since it's devoid of illegal stimulants.
- Resulted in a massive turnout and sales success at the launch.
- "If you get an erection lasting longer than four hours, call a physician immediately."
- Famous line from Viagra commercials.
- Used as an embed to create urgency and a memorable hook.
- Discusses how it turns a potentially negative side effect into a catchy marketing line.
- "Operators are standing by."
- Initially used in infomercials.
- Modified to "please call now; if you get a busy signal, please call again."
- Psychological Impact: Creates a sense of urgency and competition, making the viewer feel like they are part of something bigger and that they need to act quickly.
Additional Marketing Insights (41:30 - 44:46)
- Value of 'No': Every rejection has a value and can be a step toward a sale.
- Becoming a Consumer of Ads: Understanding effective marketing by studying successful ads and the psychology behind them.
Notable Marketing Figures
- Craig discusses influential marketers such as:
- Joseph Duveen: Revolutionized the American art market by creating demand for fine art through strategic marketing techniques.
- Joe Sugarman: Known for embedding marketing techniques that transform negative perceptions into positive selling points.
Craig Clemens’ Marketing Principles
- Importance of understanding consumer psychology and the dynamics of storytelling in marketing.
- The value of urgency, social proof, and effective framing in advertisements.
Key Takeaways
- Effective marketing lines not only capture attention but also embed deeper psychological messages.
- Understanding consumer behavior is crucial for crafting compelling marketing messages.
- The best marketers leverage stories and emotions to create lasting impressions.
Additional Resources
- Golden Hippo: [Website](https://www.goldenhippo.com/)
- Shaan Puri’s Weekly Email: [Sign Up](https://www.shaanpuri.com)
- Mercury Banking: [Visit](https://mercury.com)
Conclusion The discussion with Craig Clemens provides valuable insights into the art and science of marketing, emphasizing the importance of creativity, psychological understanding, and strategic execution. The episode serves as a reminder that effective marketing is about more than just selling—it's about connecting with consumers on a deeper level.
Written by AI. May contain mistakes. Listen to the episode to check what was said.
Transcript
Automatic transcript. May contain errors.0:00All right, you're about to hear a podcast with a guy who does over a billion dollars a year in sales. and yet 99.9 % of you have never heard of them. It's my friend Craig. He is the smartest marketing mind I know, period. And in this podcast, he talks about the three greatest lines in marketing history, and he breaks down why they work. He breaks down the ads that he used in his business and how he took one business from zero to 127 million in sales in year one. Enjoy this episode with Craig Clemens. I feel like I can rule the world. I know I could be what I want to. I put my all in it like no days off On the road, let's travel, never looking back Craig, what's going on, man?
0:39We were just having a conversation out there and you gave me this teaser that's unbelievable. You were like, well, you know, the three greatest lines in the history of marketing. And I had to put the finger up to your lips. Like, we got to record this. And so we came in here, emergency podcast. Before you tell me the lines, I'll tell people who you are. So Craig Clemens, he created, he's done many things, but one of the things he created is Golden Hippo. It's a company you've never heard of, but it just crushes it. It's an e-commerce company. You guys have done over a billion dollars of sales online.
1:10So whenever I - A billion a year. A billion a year. A billion a year. That's an important correction. Every time I talk to you, the marketing part of my brain just explodes. I just get so much smarter. And so you're one of my favorite people to talk to. Because every time I learn from you, I can go do something in my business right away that's going to make more money. So I always appreciate that. You gave me the teaser. The three greatest lines of marketing. What are they? Okay, so the greatest line in marketing history, if you Google or chat GPT it, is going to say a line different than what I was going to tell you.
1:42Okay, what would they say? I'm going to tell you what they're going to say in a minute. Teaser, teaser. Marketing is a lot about teasers. Because it is a very strong line and it's worthy of discussion. But I'm going to start with my favorite headline of all time. and that was written by a copywriter named Gary Halbert. And the way it came about, he was contracted by a woman named Tova Borgnine who was the wife of movie star Ernest Borgnine before our time. But apparently if we went to our parents and grandparents and we said Ernest Borgnine, they would be like, oh yes, he was a Brad Pitt type of the time.
2:22So his wife wanted to come out with a perfume and she asked Gary to figure it out for her. So Gary doesn't know the first thing about perfume, but he knows a ton about marketing. At the time, he was a legendary copywriter, had many, many successes. And so he's brainstorming on what to do as he's walking through the mall one day, and he sees a kiosk where there's these little oils and things like that. Did you ever walk by that kiosk? Of course. There's always like a very smooth talker right there. Yeah, make your own perfume, right? And so he goes up and he's like, hey, what are these creations of perfume?
2:53Do you make them yourself or whatever? and they say, oh, yes, the essential oils are put together to make your own perfume. And he says, is there one of them that outsells all the rest? And they're like, oh, yes, China Musk. China Musk is the bestseller by far. He says, why doesn't someone take China Musk, put it in a fancy bottle and call it XYZ perfume? And they're like, well, that's a great idea. No one's ever done that. He says, OK, give me some China Musk. So he takes the China Musk and he walks over to the jeweler that he knows. And he says, Mr. Jeweler, I would like you to put this in a fancy glass and gold bottle that is shaped like a tea.
3:27Puts it in the bottle. And then he sits on it for like three months. Calls Tova Borgnine and he goes, Tova, I have spent the last three months traveling the world in search of the finest perfume. And I think finally, after sampling literally thousands, I've discovered it. I want to bring it over to your house right now and have you smell it. He brings it over. She's just in awe of how great the China Musk smells. And she decides she wants to launch it. And she wants to do the launch party at her friend Candy Spelling's Boutique on Roteo Drive. Candy is a wife of Aaron Spelling, the big producer.
4:07And Gary says, that is far too small. We are going to rent out the entire bottom floor of the Century Plaza Hotel. And she's hemming and hawing. She's like, how are we going to fill that with people and this and that? And he says, you know, trust me. So she actually strokes the check, rents out the entire bottom floor of the Century Plaza Hotel. And Gary takes out a full page ad in the LA Times. And the headline is this. Wife of famous movie star swears under oath. her new perfume does not contain an illegal sexual stimulant. That was the headline in big letters. And then the subhead said, and she is so confident in this, she's willing to prove it by giving away 10 ,000 sample bottles on this day at this time at the Century Plaza Hotel.
5:05So they put up the ad and, you know, will it work? Who knows? and the phones at the Century Plaza Hotel just start ringing and ringing by people wanting to know about this event. And this kept going and going and they realized it was going to be chaotic. So the fire department comes the day of and they like shut down the street and they figure out this way to get all the cars in. And thousands and thousands and thousands of people show up and crowd into the lobby of the Century Plaza Hotel with this big reveal. He has two in-shape gentlemen with tuxedos get a briefcase, handcuff it to their wrist, and walk it in through the crowd, bring it onto the stage, opens it up, and in there are the 12 sapphires representing all 12 ingredients in Tova perfume, and Tova auctions off each sapphire for charity, brings in a few hundred thousand dollars.
5:59The next day, the phone rang with unsolicited offers from, you know, Macy's, Robinson's May, all the department stores at the time, Barney Sacks, et cetera, et cetera. It was the best selling perfume in the world that year and went on for many, many years. I think now you'll find it like it's CVS behind, you know, photo counter or something like that. But it still, I think, exists. Wow. Yeah. So look for the teeth over perfume. That's amazing. So you love that headline. If we break it down. So it was wife of famous movie star. Yes. Social proof right there. Social proof. Not using her name. Yes.
6:34Some curiosity. Yeah. Which famous movie star is it? Exactly. So curiosity and social proof. Then it was swears under oath, which is like stakes drama. Right. Or how would you describe it? Is that what you would call it? Yes. And then new perfume does not contain sexual stimulants, which is like kind of a an inversion. Right. It's like that implies this shit must be amazing. Okay, so I need to come up with a name for this because my favorite part of the headline is the last part. And it's like the secret marketing embed or some shit like that. You know, it's like the hidden secret message that even the reader doesn't know they're receiving.
7:11But when you read that, you're like, wait, okay, it doesn't contain an illegal sexual stimulant. Does it contain a legal one? Like, what is in this fucking thing, you know? And I always wanted to rip that headline and do it for like a new taco stand or something. You know, I think it's universal that you could be like, you know, new restaurant owner swears on her oath his tacos do not contain an illegal addictive stimulant. You know, he's willing to give away a thousand free tacos to prove that there's nothing weird in here and they're just that good. They're just that good. Actually, that's a great ending to it, too.
7:43And then he had actually the sort of the offer or the call to action, which was giving away so many samples at this time at this place. Exactly. It's proof that this is going to work, you know, a risk-free offer. You're going to get this for free. Right. And if you don't like it, who cares? You know, so it's removing all the risk. It's making it really easy to go get it. Have you ever done a remix of that headline? Have you? I haven't. I had a roommate who was going to open a taco stand. She didn't end up doing it. I came up with a name, too. It was going to be in San Diego. It was going to be called Burro Borachos.
8:14So, like, drunken donkeys. Yeah. I think it would kill it, man. If anyone out there, if you're watching this and you want to start a taco stand together, Heather, you got to have a good recipe, but I'm in, man. I'll do all the marketing for your taco stand. And you have to name it Burro Barrage. And I get free tacos for life. That could be amazing. But no, I haven't. But, you know, ever since I heard about this, which was very early in my marketing career, I've been obsessed with like marketing embeds. And about the same time, this came out, I think, in the 90s or something like that before I was in marketing.
8:42But about the same time I learned about this, another marketing embed hit the world. and I think this is another of the greatest lines in marketing history. And that is, Sean, I'm sure something you can personally relate to. If you get an erection lasting longer than four hours, call a physician immediately. So we've all heard it. We've all heard it. It's the end of every Viagra ad. And if you're a guy that's having trouble getting it up, you're thinking about this and you're like, Fuck, this could actually be a four hour erection. I'll be happy with four minutes, man, you know? And it's such a great line.
9:25So you think that, so I always heard that as at the end of any, you know, pharma commercial. Yes. Like you may, side effects may include nausea, vomiting, blah, blah, blah. Yeah. I kind of thought it was like that, but actually you're right. I don't think that was the mandated, the mandated side effects. I think that was an embed. Maybe. I mean, it could have been true also. You know, it shows a way to workshop things in a way that could be a positive. Like the nausea thing for something else. It could be like, you know, if you're, oh, here's something. I literally got stem cell treatments last week.
10:01And the doctor, after he shoots me up, tells me, hey, you're going to have swelling tonight and extreme pain. And that's great. That means it's working. I was like, oh, interesting. Right. Changed the meaning. You know? Yeah. And when it started swelling and I was fucking howling, man. It was like the most pain I've ever been. And actually I was literally howling. I was like, well, at least it's fucking working. You know, my knee's going to heal. So yeah, there is a lot of value in being able to turn positives into negatives. Joe Sugarman was a master of this too. He used to sell a lot of devices.
10:32Do you know Joe Sugarman? I've heard the name, but yeah. Blue Blocker Sunglasses. So we can talk about Joe Sugarman for a hot minute because he is one of the - Is that a real name by the way? Or is that kind of like his ad man name? That's his real name. And he's one of the greatest legends in marketing history. Everyone should read Sugarman and study what he did. But before he did Blue Blocker infomercial, which was one of the biggest infomercials at the time, he would do these devices. And he had one of the early air purifiers. And back then, the way the technology—you think of an air purifier now, what do you think of?
11:03Slick box, right? Slick box in the corner of the room. Yeah. This one was in the 90s or something like that. and it had to have this crazy weird wire coil on top of it to grab all the negative shit out of the air and it was very ugly and his ad attacked that head on he said like you know the coil that removes the toxins and so instead of having this ugly ass thing in your house you're like oh that's that you see that coil and you're like that's the coil pulling the toxins out of the air you know i forget what his exact headline was on that but it was turning these negatives into into positive Right.
11:39Okay. So are we on number two or that was number two? No, that was number two. Okay. Oh, okay. Okay. So maybe there's going to be five, four. I don't know how many we said there was going to be. Okay. Shout out to another one. I just remembered that's really big. When infomercials first aired, the call to action was, please call now. Operators are standing by. Do you remember? Yes. I've heard these infomercials. Yes. There was a woman, a man, I wish I could remember her name, but it was a female copywriter that created this. And it changed the entire world of infomercials and I think the entire world of selling.
12:13And she changed that line to please call now. If you get a busy signal, please call again. And if you think of the picture in your mind, you know, of operators just standing there waiting for the phone ring. No one's buying this fucking thing to call now. You probably get a busy signal. please keep calling. Please keep trying. You know, the, the, the offer is going to stay around for this many minutes. Please keep trying to call. It just gives the, the, uh, image of the phones flying in the room and everyone's trying to place their orders and it's like, hi to man. And, you know, it gets you excited.
12:50And you, when you get through and you hear that person answer, you're relieved. You're like, oh, I got through. Right. I'm going to get the special offer. Is the special offer still available? Yes. Right. It is still available. Right. Right. It's like that feeling of relief. So that was a big line. I'll give a shout out to that. We did a similar one where for my company, we, let's say on a normal day, let's say when we launch a product, it would be awesome if let's say 800 people bought the thing like right when it launches, like kind of the first 10 minutes or so. And so I'm like trying to think about how to drum up excitement or whatever.
13:25And so part of the team, you know, first instinct is like, do we discount? No, no, we're not going to discount. That's going to have the opposite effect probably. do we um free gift with purchase or some kind of limited time like bonus for like the first people through the door okay i think we're on the right track and we did a similar thing where we were like i did the founder sent a personal note it was like an unstyled email and it was basically apologies in advance we expect this to to go off you know to sell so quickly i know that many of you are going to be upset and so as a you know as as a as a make good you know i give you my word that for the next one, we're going to have more.
14:00But for this one, it's just going to be, it's, I know it's going to be chaos and scarcity. I'm already worried about it. Yes. And, and immediately we had our biggest day, which we had never had, like, you know, 800 would have been a great day. And then all of a sudden it was like 2 ,800 just by apologizing in advance. Cause we embedded the, instead of saying like, come get it. Yes. We were like, we're so sorry. It's, you're probably not going to get it. Yes. And that just, that reversal really worked. Embedded marketing. That's a book, man. It's a book waiting to be written. we've like we've like brainstormed three books now in the last 18 months that like somebody should write we want to write these all right yeah yeah it's happening yeah and actually you and i have been casually talking about writing a book yeah and maybe we need some people out there to pressure us to pressure us and motivate us we will read the youtube comments one day we should yeah we should do this so let us let us know below if you want to see this book all right okay number three number three four i can't remember which one which one they're eating the dogs they're They're eating the cats.
14:59They're eating the pets of the people who live there. I have that song in my head now, too. The TikTok reboot, they're eating the dogs. People of Springfield, please don't eat my dog. Okay, this line was said to have lost Trump the debate and possibly the election. And what happened over the following week, in my opinion, won him the debate and possibly the election. Because that line of the 20 ,000 immigrants that had been legally migrated to Springfield, Illinois, town of Springfield, Ohio. Yeah, yeah. Springfield, Ohio, town of 58 ,000, was torn apart by the fact checkers, torn apart by every news station in the world.
15:50these 20 ,000 legal migrants in this town of 60 ,000 are not eating dogs they are not eating cats that is complete bs let me say it again these 20 ,000 migrants that were moved into this little town of 60 ,000 people that probably didn't vote to have them moved in probably didn't know they were coming and maybe some of them wanted them maybe some of them didn't they're not eating dogs, they're not eating cats. But what does it say to the entire world? Yes, large amounts of immigration, migration, whether it's legal or illegal, is happening in small towns and places like Springfield, Ohio. Right.
16:35I had never known this was happening. And, you know, some people want that and some people don't. And Trump's base and a lot of moderates don't want the small town that they live in or their parents live in or, you know, they grew up in to have such a huge change in population, in demographics, in, you know, the style of how businesses are run, etc. And it spread that message worldwide that, wow, there really is a lot of immigration happening. And yeah, some people thought it was great and some people didn't, but it got that message out because before that you hear about, you know, oh, there's, you know, the number was always different, right?
17:23There's 8 million people that came in under Biden. There's 20 million people that came in under Biden. And there's this big number. Can you visualize 8 million people? I can't. Yeah. But I can visualize 20 ,000. I've been to a football game. It's 20 ,000 in the stadium. And I can visualize 58 ,000. And I can put the simple math together. That's one third, you know, of the population. And that is a change. And so it paints a picture. Did you read Scott Adams when he was running the first time? Scott Adams, the creator of Dilbert. He was one of the first people back in 2016 to when Trump first came out.
17:59And if you remember, he did the first speech. I didn't follow much. He was like, they're bringing the rapists. They're bringing their killers across the border. And it was like, whoa, whoa. That was like, I mean, this first exposure to like, it's like, I saw this TikTok the other day of like an African tribe drinking a Fanta for the first time. And they're like, you know, they don't even know how to get to it. They're like biting the lid off and then they drink a Fanta. And they're like, oh my, like, what is this? Yes. That was Trump. That was the reaction to Trump the first time. And Scott Adams came out and he was like, oh, not only is this not a joke, I think he's going to win.
18:27And he goes, I've been a trained basically like, and he's like a hypnotist. He's like, I have looked at how you communicate with people, not sort of overtly, but like the subtext of what's being said and how effective that is at planting messages. And he called them linguistic kill shots. He goes, Trump has these linguistic kill shots where he just labels something or he brings their attention to it in an extreme way. So like with the eating the dogs or the cats, it's like instead of arguing about the migration, you're arguing now, are the migrants eating dogs and cats, which forced you to first accept the migrant point.
18:59But if he never said that, you have to debate the migrant point. And so and he was talking about like when Jeb Bush was the favorite at the time because the Bush dynasty, the father, the brother. Now it's going to be Jeb. And he just called him low energy Jeb. And he labeled him that. And then no matter what Jeb did, if Jeb was just being Jeb, he is kind of low energy looking. If he suddenly got vivacious, Trump would be like, good job, Jeb. You're like you're doing it. And he and so Jeb couldn't win. He tied him up and neither path was like viable. And he just had to like remove this sticker off him.
19:32And nobody in politics was doing that to each other. Right. Crooked Hillary. He was just coming up with these linguistic kill shots or visual words. Every time you saw the person, that's what you saw. Yes. And Scott called that out pretty early on. And whether again, whether it's natural, that's just how he is or it's like strategic. I have no idea. But I think at this point, it's pretty it's pretty clear that that is an effective way of communicating that he does. Yes. Yes. He's a showman like with the McDonald's thing. Right. When he went to work at McDonald's, a lot of people didn't know why he was going to work at McDonald's.
20:06And then they found out, oh, Kamala has a questionable history. It's in debate whether or not she worked at McDonald's, you know, and he did something else where he was interviewed at a conference and he said, I think Kamala is black now. I thought she was Indian. Everyone's like, Trump's a racist, blah, blah, blah. And it's interesting because not when he says these things, it kind of does make him look bad in a way. It does in a way make him look like a schoolyard bully. Right. But it's effective. It's weird, right? He creates the frames that then you have to participate in. And the garbage truck, he did the same thing when Joe Biden called his supporters garbage.
20:50He went and got in a garbage truck. He's like, I'm going to milk this moment and make sure that I dominate the news cycle. That was the really interesting thing I realized in this election is you could feel in the news cycle who was winning and then you could track it on poly market. So like the news cycle, whoever had something positive, their odds would go up on poly market. And then Trump did the rally at MSG and he had Tony Hinchcliffe did the diss in the Puerto Ricans and like the poly market starts going down. And like Kamala is owning the news cycle. And then Biden says the garbage thing and it goes back to Trump favor and the garbage truck and Trump's odds go up.
21:25It was wild to see these two things tracking. So let's do another one of the greatest lines. OK, so now we can go to the chat GPT line. What would they say? And it really is. And this is something that everyone knows about, but not a lot of people know where it came from. So you'll know the line instantly when I say this, but, you know, in the 1940s, only about 10 % of brides got a diamond engagement ring. De Beers diamonds had an interesting run. They were quite popular in the early 1900s as like a flex, not as a wedding ring, but, you know, in other jewelry or on like a lapel or, you know, necklace, earrings, things like that.
22:08And then the depression happened around the same time as diamond mining got really good. So they had an oversupply of diamonds and then they had people losing money. And then we should talk about Joseph Devine, too, the greatest art dealer of all time, because he invented the American art market. So people were spending money on art and things like that, you know. And so taking more away from that luxury sector to go into another one. and it was a female copywriter francis gearty who was at an agency that debier's hired and the story goes is like she was frustrated and she was like you know i don't know her last last down her last penny or something on one night she is working on this campaign and can't think of anything and then wakes up in the middle of the night with this line a diamond is forever and what is interesting is that was the tie-in to engagement before that the engagement ring would be like a plane band a gold band you know sometimes it would be like like an offering like a cow or like uh land or things like that and an engagement is temporary anyways like by definition an engagement is like a temporary period of time so that's true diamonds are forever is like an exact contrast to that.
23:24Yes. And it's an embed because it then shows that if someone doesn't present a diamond, maybe they're not in it forever. Right. Right? And what woman wants a half commitment? Right. Ladies out there, do you want a half commitment from your man? You know, so. And from what I remember reading about this, they went to Hollywood and they basically were giving directors diamonds, saying in the key moment, in the climax moment where the man professes his love, he's got to give her a diamond ring. And they embedded it in Hollywood, in movies, by literally bribing the directors in order for them to show that.
24:03So then you're watching the movie and that now influences culture. I guess that's how you do it. The big romantic gesture is to literally get down on one knee and hand her a diamond ring that became, used kind of top-down influence also to do it, right? And then scarcity, right? Because they limit the supply. So all the core marketing things, you know, influence, social proof, that frame, diamonds are forever, scarcity, they kind of use all of it. Yes. And now there's this big debate going on between lab-grown diamonds and mine diamonds. Have you heard of this? It's fascinating. Because I think they're 10%, 20 % of the price or something like that.
24:38It's probably price control among the companies. They're basically 50 % to 80 % cheaper. It's the exact same rock. You could look at them under a microscope. In fact, it could be argued, It's more perfect. It's a more perfect thing. And so you can get a big rock for this. But then the smartest, the thing that I guess De Beers did was that they, so this is a big problem. They're like, okay, if there's lab grown diamonds that don't have these social issues with mining, blood diamond type of stuff. Yes. And it's just as good, if not better. This is a problem. And so what they did, the genius of their business strategy was they got into the lab grown business and just flooded the market with cheap lab grown diamonds.
25:16so they lowered the price intentionally like crappy ones good dime good library diamonds but they just lowered the price so much more that then the consumer's mind it became a perception like oh wow like yeah if it was just like 20 less something like that it might actually be more competitive they made it so much cheaper that they like took away the uh the value the perceived value the prestige of the diamond doing that i didn't know that they were like involved in that process. Pretty crazy. You put me on to an incredible marketer, Gary Benzavanga, who I had never heard of. And he has this little example, little exercise that I love.
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25:52I want to share, which is like, I don't know if you remember this from, from learning his stuff, but he gives this example of kids going fishing. So it's like a lemonade stand type of example. So it's like, kids are going fishing, uh, there are, they go to the fishing area and they want to sell bait. They want to sell worms. So they go V1 is basically like basically worms for sale, 99 cents or whatever. Right. And so they go there, not much sales, come back home. Luckily, the neighbor is a copyright. It was like the story. Neighbor's a copyright. He says, Hey, you know, why don't we level this up?
26:27And he goes, you know, first lesson of marketing, you don't sell the product, you sell the benefit. So buy these worms, catch more fish. So they go back day to sell a little bit more with, you know, these worms will help you catch more fish. Now they have a benefit. He goes, okay. And they come back, they're like, Hey, what else you got? How can we make even more? And then they go to the next level where they were like, he's like, well, why do they catch more fish? And, um, I think it's Ogilvy who has this great quote that he was all about like the, the reason why marketing and they go, Ogilvy, you seem to be a big fan of this reason why marketing.
27:01And he goes, is there any other, um, is there any other way to sell this besides that? It's all, you know, I'm, it's crazy if, if, if, uh, if you don't use that. So then they, the kids go out and they're like, well, why would I, why do our worms catch more fish? Oh, because these are local worms from the local soil. And what you don't know is that fish prefer worms that are from their local soil. And it's more attractive to them, not these imported things that you find on the shelves. We have the local ones start selling more. Right. And then they go to the next level. He's just, it just shows like layering on these like master marketing techniques.
27:36I love that example. What's it end with like, like, uh, uh, you know, buy two cans of local worms, get a free, uh, bobber. Exactly. It's like, there's like an offer. So he's like, you know, juice it with an offer. And I think maybe I'm mixing up two of the stories, but like he did a kind of a sensational headline too which was like local fishermen accused of cheating uh because he catches the most fish reveals reveals his simple secret right and it's like oh why we gotta know because there's a guy who catches way more fish than everybody else people accused him of like you know using nets and other other methods no no he's just fishing like the rest of us but he uses the local worms right so he gets to the best of it yeah i love gary's persuasion formula.
28:20He's got this very, very simple thing. And it sounds like when you first read it, you're like, okay, I didn't, I didn't get anything revolutionary. Then I go look at my ads. I'm like, okay, I'm not doing any of these things. And then you start doing them and your ROAS starts going up. So he's got the five Ps. And so the first one is problem. So what's the problem that the person has? And he says, no problem, no sale. Like you can't sell someone something that they don't do have some Advil. I'm not hurting. Why would I want your Advil? So problem. Then the next one is promise. So what's the, the promise benefit that this product is going to give you proof that it works.
28:52Then there's proposition, which is your offer. And then I call, I call the last P products because he talks about the Cracker Jack secret. And he talks about how in a box of Cracker Jacks, they always had like a gift at the bottom. And he's like, I, you know, even if you give someone the Cracker Jacks and they're not hungry right now or whatever, he's like, I've never seen somebody just throw it away and not get the little gift out of the bottom. And he's like, So you want to have the Cracker Jack secret in your ad, basically. That was his thing. And then you can juice them up, right? So those are the Ps, and then he's got the U's.
29:24And if you stack those together, he literally has a formula where it's like, urgent problem, and that's 25 points. Unique promise, that's another 25 points. Unquestionable proof, another 25. User-friendly proposition, that's the last 25. And then the Cracker Jack secret is the bonus 20 points. If you stack that whole thing together, you get to 120. Love it. Amazing. Amazing. It's so good.
30:14appointment, speak to a specialist who would try to upsell me on something I didn't need. And then finally, after, you know, 30 minutes there, then they charged me 50 bucks for the pleasure of that terrible interaction. And now with Mercury, I just go online, push two buttons, and I'm done. It's such a seamless experience. It's very intuitive. Everything's under one place. They basically took all the things any company would need for their financial tech, and they made it super easy to use and put it into one platform. So highly, highly recommend it. If you're not using Mercury, I question your judgment.
30:41So that's it. You've Put it on My First Million. For more information, check out mercury.com. Mercury is a financial technology company, not a bank. Check show notes for details. Who are the other ad men that you liked? Let's do that first. So you were telling me about an ad man that I've never heard of, a marketing legend. Yeah, so I actually study non-ad men now because I think I've gone through all the ad men. So we talked about Edward Bernays the last time I was on your show. But the guy I've been really geeking out on is actually an art dealer. Okay. Edward Bernays was a PR guy. Joseph Devine is known as the greatest art dealer of all time.
31:19Devine's run was around like 1880 or 90. I think he died in 1935. And he came from a family that had a shop that sold like porcelain goods and tapestries in London, England. And they were pretty well established. They sold to the queen and things like that, you know, so they were the go-to place. But these tapestries and ceramics would sell for like three to five thousand dollars, which I think in that day's money is maybe like six figures or, you know, something around there. And he noticed as a teenager that fine artwork at certain times was selling for like seventy five thousand dollars. And so his uncle and father who owned the shop brought him when he was 15 years old to New York with them to do some business.
32:11and he sneaks out from them, goes to Fifth Avenue and leases a little warehouse with like an upstairs and a downstairs. And he comes back and he's like, dad, uncle, I got us a shop. And actually I should preface this by saying, I don't think 15 years old then was like 15 years old now. I think 15 years old then is when you're going to - You're in the real world. Yeah. Yeah. You're going to get your your shit star i think was it george washington led his first uh caravan of soldiers at like 18 or something and he'd been a surveyor and a scout since like 15 years old duveen was a hustler from from an early age he books this thing in new york because he has this realization when he's there and that is that americans for really the first time have tons of money.
33:01This is when Rockefeller was coming up and J.P. Morgan and Industrial Revolution. Europeans have tons of art. Americans have tons of money. Europeans have tons of art. So in Europe, you'd go to the Duke's house, right? And the Duke would have his family portraits up. There's no photographers. And so you'd have to have a painter catalog grandma or grandma as a baby or whatever. So it would be on the wall and it would be like Raphael painting grandma because Raphael was the portrait guy at the time or whatever. I don't know if it was specifically Raphael, but people like that or Gainsborough or, you know, some of the people that are now the biggest artists of human history were just, you know, flooding the walls of the Duke's house.
33:44And these Dukes, like anyone else, would go busto sometimes and they'd be looking for money. so devine in his first big deal he went to this duke and the duke was kind of broke and he's like yeah i'll figure out how to get three million dollars for your entire art collection and that at the time was like you know 300 million or something i don't know huge but he bought the duke's entire art collection and it was some of these old masters rembrandts and things like that and he brings it to america and he starts shilling it and his sales methods are just like unbelievable what was he doing how did he do it so i mean so some of these had some prestige but like the first thing he does as he gets this painting uh i think it was was uh gainsborough's little blue boy it's been a year since i read the book sure but uh he acquires this and he makes this huge deal that this great institutional landmark of london is coming to the united states and when it comes he arranges to have all the reporters waiting on the deck he has no airplanes so you take the cruise liner over.
34:47All the reporters are waiting there. It comes in and now it's on American soil and it's going to be presented at this amazing spot, you know, and builds the gravitas around this artwork. And then he has a pool that he decides is going to be the buyer pool. They don't know it yet, but he's talking to people like Henry Frick and Andrew Mellon and John Rockefeller about this thing coming. And they'd be like, you know, oh, is this going to be for sale? The crown jewel of London for sale? Are you kidding me? No, absolutely not at any price. But if you want to make an offer, I could bring it to someone.
35:26But it's not for sale. So he'd bring this thing and then he sold it for like$225 ,000, which was record shattering at the moment. You know, it's in every newspaper in the world that this painting sold for this much money to this person. And through a couple of these things, he creates the American art market. And he has all of these industrial revolution titans, you know, all the names, right? Literally, we are Rockefeller, Mellon, Morgan, Vanderbilt. All these people become his clients. And his sales methods are just like next level, man. So there's a story of, I think it was a guy who made a fortune in California in the oil business.
36:11And he comes to Devine's in New York and he wants to buy art. And this guy is like a new money guy and he's not really in the New York click. He brings him to the shop and he has the guy show up at the time, he says. And Devine takes 90 minutes to show up. He's been waiting there for 90 minutes. Finally gets the guy and he's like, okay, come on upstairs with me. and he walks them into this corridor and there's the five paintings there that are stunning. And he walks them past and he's like, I'm going to show you some of the things in the back. And the guy's like, wait, wait, wait, what about these paintings?
36:39He's like, sir, those paintings are reserved for Mr. Mellon. Come this way. We need to get you something that will be more suitable for your collection. Tell me again what's in your collection. Oh, I have not heard of any of those artists. That's cute. Let me show you a nice starter work. He's like, well, what about the pieces? You know, how much is Mr. Mellon paying you? Making him feel small, yeah. How much is he paying you? And you'd think that he would do this as a rift, but he really didn't sell the guy the paintings for Mr. Mellon. He made him buy this starter piece and was like, I can work on one of those.
37:15And then he'd call him a few months later and be like, look, you know, I think I might be able to wrangle one of those paintings loose from Mr. Mellon. But the price is going to be outrageous. and Duveen's saying was when you overpay for the priceless you're getting it cheap that was this quote that he propagated which is kind of like a diamonds are forever yeah exactly and so he's got all these imbits that he does in just his everyday behavior you know like putting people in tears and things like that and propagating the saying that overpaying for the priceless is like the best financial move you can make you know and the things he does is just next level i mean on the cell side it's fucking crazy he's so relentless he would go on uh cruise liners and back then the the boat from london to new york was the big thing and it was different levels or whatever and your deck chair is like your baller spot right and so he'd go in there and he the way he met andrew mellon is he greased the the uh staffer to seat him next to mr mellon and then he gets there and he finds out that Mr.
38:20Mellon is a recluse and doesn't like going outside and only stays in his room. And he's so mad that he drees so much to get the deck chair. But what he does is he starts kind of stalking the elevator and he times it to get in the elevator at the same time. Andrew Mellon gets in the elevator. He was like, how do you do, sir? What's the intent of your travels to London? And Mr. Mellon's like, oh, I'm here in this business. You know, how about yourself? And he's like, no, you know, having a brunch in the Duke of Carnegie's home. Not sure what else, you know, but just drop something like that. And then, you know, where else are you going to be on your travels and things like that?
38:59And he's like, oh, you're the you're the person who founded this. I forget what Melon did, Steele or something, you know, would you like to join me for brunch at the Duke's house? He's like, oh, sure. I would love to meet because royalty was the thing, you know, And Duveen really did have these connections. So he brings Mellon to brunch at the Duke's house. When you go to a Duke's house, the Dukes have the art on all the walls and it's from all of these old masters. And you're like, oh, if I wanna become a dynasty, like these royal families that are dynastic families, I need to do what they do.
39:33And that means having these old master paintings on my wall. So he sells Mellon so well that he becomes a top client of his. And when you became a top client of Duveen's, you're no longer allowed to use your own architect. As a rule for him getting you the great pictures, you have to use his architect to design your house, to have optimal viewing, to give these pictures justice. Otherwise, I'm sorry, Mr. Mellon, but this picture cannot be in your collection because it does not to be showcased in a side room or something like that. And he would have his architects design their apartments with like very little windows and huge wall space, but way more wall space than they would ever need.
40:11And then he ran into an issue. The people just didn't buy enough real estate to hold all the paintings. And this wasn't like crypto art where you can store it on a wall. You know, you got to have walls to put it on. And so he started convincing them to open museums. the National Gallery in Washington is founded by Andrew Mellon at the urging of Joseph DeVeen and he said the key to your immortality is building this gallery and having your work live on beyond you in it and we're going to build it 30 ,000 square feet and so he does this Mellon builds the National Gallery and then DeVeen's able to sell him way more art you know stock up all those walls plus all of his houses and shit like that Mellon passes on and then i think it was henry frick uh he's his next big client he's like you know mr frick if you really want to achieve a mortality you could add on to the national gallery a bigger wing than mr melon made and stack it with your art and he did he fucking did you know and bought all this art from devine i mean the guy was so ruthless another of my favorite devine tricks he would do is when he'd be at uh andrew melton's house there was a couple other competing dealers you know, you'd ride the horse and carriage over there, right?
41:29It's not like a car. He greased the staff to tell him if they find out that another art dealer is going to their house. So he'd find out when the competitor is going to Mr. Mellon's house and he would show up the same day and he'd be like, just passing through the Hamptons, you know, happened to be, oh, you know, hello, Mr. Peary, fancy seeing you here. I was just visiting my client. And he would go and just sit there all day. And you can't like reschedule the meeting because that person probably traveled several days to get there, you know. He was just relentless, man. And that's actually, I know you have a lot of young kids in your audience.
42:07And I did an experiment recently. I was at a mastermind where everyone paid$250 ,000 to attend. Wow. And I asked them, I said, you know, I'm just curious about this room. You guys are all established people. How many of you in your youth had some sort of sales job that required you to be relentless? like 200 phone calls a day or knocking on doors and almost all the room raised their hand. I think it's something that really shapes them. Did you ever have a job like that? I don't think I had that kind of, I've noticed the same thing, but like, you know, so we've talked to people who are a lot of Mormons who go on missions.
42:41Oh, that's the best. Dude, you got, you spent two years in complete solitude, isolation, not talking to your family, selling Jesus to, you know, whoever, right? You're selling religion to people who didn't ask for it necessarily. You're knocking on doors, you're facing tons of rejection. And day after day, you carried on. Like that is such a formative experience. My uncle had told me one thing about he used to sell textbooks door-to-door, like textbooks companies. I guess there was a couple of them in America that were really big that way. And we recently just had another person on the podcast.
43:11Like we've had several people on the podcast with this one same job, which is like door-to-door sales, whether it's textbooks or knives or whatever it was. And yeah, the hit rate on those is really high. Brian Johnson, who was going to be here at the event, I was just watching his documentary. Same thing. His first job was door-to-door credit card processing sales. I was a telemarketer of credit card processing. Oh, you were too. Amazing. And so he, rejection, rejection, figured out how to sell, figured out how to carry on in the face of rejection, got numb to rejection, just started started to see it.
43:42Like my uncle told me, he goes, you know how I, I, I go, how many did you actually sell? You're selling textbooks. Like in a day, knock on a hundred doors. How many do you actually sell? You're walking through the hot Atlanta, like neighborhoods, sweating. And he's like, oh, you know, like one or two or three would be like an amazing day. Yeah. And I was like, I wasn't telemarketing too. It's about 200 calls. Uh, shitty day is one, five sales is an amazing day. Right. Which is just like, even if you hear those numbers, go, go actually do something hard where 97 times out of 100, you just get slammed in the face.
44:12And he goes, the way I did it was very simple. He goes, I just did the math and I realized, actually, I know I have to knock on 100 doors to get the two sales. So actually, I don't just count the revenue from the two yeses. I just assigned a price to every no. So he's like, a no is worth 50 bucks for me every time I collect a no. All right, that was a 50. I wasn't just coming up with the zero. I wasn't coming up empty every time. It was a psychological trick that allowed me to like see the nose still as like progression because I'm just getting closer to that. Yes, the one out of a hundred, two out of a hundred that are gonna happen.
44:46And so I've actually used that in fundraising, for example, where it's like, all right, I'm raising funds for a company. It's when investors reject your company, it's a very personal thing. And what ends up happening is people don't raise money. And then you ask them, well, how many calls did you make? How many meetings have you had? And they just have a funnel problem. It's like, you guys haven't had enough conversations because you're afraid of rejection or you're avoiding rejection or you tasted some rejection and it scared you off. Yeah. But it's a numbers game. And like the way to do it is put a dollar value even on nose.
45:11Yes. I like that method. I was going to ask you one last thing, which is what's the best way to get great at writing ads? If I wanted to go from, you know, okay to good or good to great, what do I do? I do a lot of it. I'm assuming practice is a big part of it, but is there a better way to practice? Okay. This is funny, man. You have to be studying ads. So right now we're at a - We're at an event. Yeah. An event. We call it hoop group now. hoop group, high level group. And I meet this guy who's got a 13 million YouTube channel. And I'm like, what's your channel? And I go to type it in. There's like five people behind me and they type it in and they see the ad pop up and they're like, come on, Craig, you don't subscribe to YouTube, right?
45:49You can't afford the 50 bucks or whatever, you know? And I'm like, are you fucking kidding me? An advertising guy is going to turn off the ads? right i sometimes load up youtube topics to get the ads on purpose like i would watch the ads all day long if i could because i need to know what the lay of the lamb looks like one of my best friends who's a great marketer uh and has made probably personally made i don't know 200 million dollars and his business all are just facebook ads but like that's like his take home that he's probably made and he switched his um gender and age on facebook so he's a 45 year old woman And I was like, why does it say you're a 45-year-old woman?
46:33And he was like, so I could see the ads, dummy. Why would I want to see the ads of a 28-year-old dude or whatever? That would be terrible. I know who I need to sell to. This is the golden customer. And I need Facebook to be showing me what they're seeing. Absolutely. I was like, wow, that's genius. Yeah. And then I also hang out in a lot of biohacker circles. So I find the things that people are doing at Burning Man and on Venice Beach, and when they catch fire in these little circles right you can tell they're like ready to go mainstream i like it you know and sometimes i get on the trend and sometimes i don't like uh mushrooms was one of them and you know that's a massive category now i i think um you know our mushroom supplement with gundry mds right sells okay but it's not like a category creator like the mushroom coffee did really well really well right like the mud water type there's a few that that have done it.
47:25Four Sigmatic is owned by a friend of mine. It's a great brand. I take those products myself. Um, yeah, there's a few mushroom brands that are, that are amazing. Yeah. Sometimes you, you catch it and you can, as I say, like create the wave. Sometimes you're riding the existing wave. And I think too many people start businesses trying to like ride the whitewater, you know uh there's a supplement company i won't say that say the name but uh you know they launched with an epic celebrity and then the product looks like every other product out there and it's out of business now because they had this great celebrity who was certainly a scroll stopper as i like to say but they're offering a product that everyone else has too that they could just you know learn about from the celebrity, then they go on Amazon and buy a cheaper one.
48:17You know, you got to get things that are unique. And that's why the probiotics was so great in 2014. I don't have a probiotic now that's, you know, doing big numbers like that because probiotics have become commoditized. Craig, amazing. As always, thank you for doing it. The impromptu. Follow Craig on Twitter. Craig Clement. Yeah, this was the impromptu. This is our conversation. We just moved it over here with the microphone. So thanks for doing it. I always love chatting with you. All right, let's get back to it. All right. See ya.
48:45I want to put my all in it like my days off on the road. Let's travel. Never looking back.
48:55Hey, let's take a quick break because there's a quote that I love. I want to read you. It's that we shape our tools and thereafter they shape us. And, you know, as an entrepreneur, if you're using a bank that was built in the 90s, you're operating like you're in the 90s. And trust me, I've been there. Clunky portals, random holds on your money,$50 wire fees, and then being told, please visit your local branch. Well, that's why I switched to a different type of banking solution, Mercury. It turns your financial chores into a smooth workflow. You can do wires, invoices, cards, reimbursements, two clicks, and I'm done.
49:25If you're already using Mercury, respect. If you're still using one of the old big banks, I got questions for you. So go visit Mercury.com and give it a test drive. Mercury is a financial technology company, not a bank. Banking services are provided through Choice Financial Group, Column 8, and Evolve Bank & Trust members, FDIC.
From the publisher
Episode 683: Shaan Puri ( https://x.com/ShaanVP ) sits down with Craig Clemens ( https://x.com/craigclemens ) to talk about the greatest marketing lines in history.
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Show Notes:
(0:00) Intro
(2:22) Does not contain an illegal sexual stimulant
(9:09) 4-hour erection
(10:56) Operators are standing by
(15:17) They’re eating the cats
(21:54) A diamond is forever
(26:09) Buy these worms, catch more fish
(30:26) Joseph Duveen
(41:30) Every ‘no’ has a value
(44:46) Be a consumer of ads
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Links:
• Golden Hippo - https://www.goldenhippo.com/
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Check Out Shaan's Stuff:
• Shaan's weekly email - https://www.shaanpuri.com
• Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents.
• Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies!
Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC
—
Check Out Sam's Stuff:
• Hampton - https://www.joinhampton.com/
• Ideation Bootcamp - https://www.ideationbootcamp.co/
• Copy That - https://copythat.com
• Hampton Wealth Survey - https://joinhampton.com/wealth
• Sam’s List - http://samslist.co/
My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano
