Direct Marketing News

Update on that Super Bowl ad

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Last week, I wrote about the “best” ad from Super Bowl 2022. If you don’t know what I’m talking about, here’s a bit of recap:

The whole ad was a QR code bouncing around for a minute, like an old-school Windows screensaver.

If you scanned the QR code, it took you to a page to sign up for a Coinbase account.

The ad drew a lot of response. So much so that the landing page crashed.

But in spite of the big response, it’s unlikely that Coinbase recouped the $13 million it cost to run this ad.

So that’s the recap. And now for the update:

A few days ago, Brian Armstrong, CEO of Coinbase, wrote a Twitter thread talking about the making of this ad.

It was mostly about how cool and creative his team is, and how he likes to pat them on the back, and how he also enjoys having his own back patted.

But the thing that really caught my eye was— “and of course the production budget was tiny, less then $100k.”

Hmm. A tiny budget, less than $100k, for a QR code bouncing around on the screen… something you could get done for on Fiverr for $30?

This brought to mind something copywriter Dan Ferrari wrote a few years ago. Dan was writing about big changes in the DR world. This bit has stuck with me ever since:

Because I’m not sure you’re aware, but there’s still a HUGE world outside of the digital players I’ve been talking about so far.

They’re now entering our world as well.

Specifically, I mean big direct response TV spenders and “brand” companies.

Why? Because their channels are drying up. Everything is moving digital.

I recently met with one of the top execs for a HUGE direct response TV company.

They make even the $200M per year financial publishers look small.

Guess what they’re doing?

Moving online. TV doesn’t work nearly as well for them anymore.

So watch as companies with products and businesses that don’t really fall into our little world of internet direct response start to require the services of people that know how traffic, copy, and funnels work online, at mega-scale.

Just to be clear:

I’m not suggesting you try to sell direct marketing to clueless brand businesses. If their idea of good advertising is a glossy page in a magazine, showing a man in a rowboat, in the middle of a lake, with the company logo hiding somewhere in the corner… well, you won’t change their mind.

But like Dan says, we might be in the early days of a giant opportunity.

So if you are enterprising, now might be the time. The time to take standard DM insights… and sell them to a virgin direct advertisers like Coinbase. The production budget? A mere trifle — $100k or $300k or maybe just a mil.

But perhaps you don’t know enough about how traffic, copy, and funnels work online.

In that case, sign up to my email newsletter — because these are all things I write about regularly.

Copy Koala Millions™

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What if your pillow could do more than just help you sleep at night?

What if it could do something unbelievably good for you…

Like instantly give you MORE powerful copywriting skills than years of study ever could…

Putting your brain into full “copy god” mode as soon as you wake up in the morning…

Allowing you to effortlessly stamp out royalty-producing sales letters, emails, and Facebook ads IN JUST A FEW MINUTES’ TIME…

Knowing you’re now automatically and effortlessly zooming towards your wealth and income dreams… while burying the gnawing doubts and insecurities that have held you back for so long?

And what if it could also implant into your head ALL the copywriting courses you’ve ever bought…

While dramatically increasing your productivity… opening up secret doors to new opportunities… and skyrocketing your status in the industry?

Wouldn’t that be INCREDIBLE?

Well, when you consider the latest breakthrough, peer-reviewed studies on creativity and learning… from the most well-respected universities and research departments on the planet…

Or if you ask the countless thousands of women and men of all ages, from all walks of life, who have found this email before you…

You’ll find that this is not only possible…

But you should actually EXPECT your pillow to deliver you all of this and more.

And all it takes is just a tiny, 10-second tweak to your night-time routine that you’re about to see…

Ok, I’d like you to slowly emerge from your hypnotic trance and become aware of the real world once again.

The truth is, I do not yet have a magic offer called Copy Koala Millions™, which transforms you into an A-list copywriter while you sleep. But I have been working on it.

The backstory is that I went on Clickbank a few days ago. Among the Clickbank top 10, three weight loss offers all showed the same trend:

* Lose weight by stuffing your face (Biofit)

* Lose weight by sucking on smoothies (Smoothie Diet)

* Lose weight by sipping coffee (Java Burn, which I modeled for the copy above)

In each case, the mechanism is NOT some exotic discovery or awesome invention.

​​Instead, the mechanism is a beloved everyday activity. In fact, it’s probably something the prospect is already doing all the time.

So that’s how I got the idea for Copy Koala Millions™. Because lying down to sleep is one of my beloved activities. There are few things that thrill me as reliably as putting my head to pillow each night. I can’t be the only one, right?

It’s the old direct response advice:

Come up with the ultimate, magic-wand offer. Promise your prospect all the outcomes he could ever dream of… done for him by some benevolent external genie… who smiles kindly and shushes away all the objections your prospect used to have.

So that’s step one. Figure out exactly what your prospect would irrationally love to hear.

Step two is to then dial it back or pay it off so your offer isn’t a complete hoax.

In the case of Copy Koala Millions™ I’m happy to say I deliver fully on the promise.

At a special launch price of just $67, I’ll sell you an mp3 player preloaded with copywriting audio courses, masked with pink noise.

Simply turn on Copy Koala and place it under your pillow at night — takes just 10 seconds. You can also upload other courses you’ve bought if you want. In case you don’t have a pillow right now, I’ll be selling that as a $197 upsell.

Normally, at this point in my email, I would invite a response. “Write in and pre-order Copy Koala Millions™,” I would say, “at a special 75% discount. Offer good only until this Thursday.”

But I’m a little hesitant to do that. We haven’t yet ironed out all the kinks with the pink noise and I don’t want to get swamped with orders I can’t fulfill. So I’ll hold off for today.

Instead, I’d just like to point out that the underlying idea might be valuable to you. Because the weight loss market is definitely buying this “coffee” mechanism right now.

​​And the weight loss market is like New York City — the fashion that’s popular there today will be popular everywhere next year. Might be worth keeping an eye on. I know I will be doing it. And if you want to find out what new trends I spot, sign up here for my email newsletter, and prepare to be hypnotized.

The power of accusation

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Yesterday was the first time I ever got excited to watch a sales message. But I wound up bitterly disappointed. Aye, even offended.

Quick background:

I talked to a friend the day before. He’s a doctor. “We’re headed for a new round of corona lockdowns,” he said. He gave me reasons why, based on Israel and the rise in infections there. All this was news to me.

Then yesterday, I got an email with the subject line, “COVID’s return.” My ears pricked up because of my friend’s warning. I opened the email.

“Corona is all about control,” the email said. This tapped into my recent interest in mechanisms of control. So I clicked the link and found—

Ron Paul! Telling me the truth about corona!

Now in my eyes, Ron Paul is a genuine celebrity. He’s a former U.S. Congressman… a well-known libertarian figure… and three-time presidential candidate.

So that’s the quick background. New corona lockdowns… mechanisms of control… Ron Paul. That’s why I was excited to watch this sales message. For the first time ever.

Sure, the message came from Stansberry Research. So I knew what the conclusion would be — buy our newsletter and protect your money, or even prosper while the rest of the country goes to hell.

Still, I thought I might hear something new and interesting along the way. Something that would give me context for puzzling things I’ve been seeing. Something that might make me say, “A-ha, it makes sense now!”

But I didn’t get any of that. Even though the email promised to tell me “what’s actually going on in America”… and even though the sales page warned “Something BIG Is Coming”…

All I got was a bit about Ron Paul (it turns out he’s a doctor by training)… and then a bunch of stuff about out-of-control government debt… and how we are giving too much money to stupid things like the National Endowment for the Arts.

“But there’s nothing new here, Ron!” I finally yelled at the screen. “Why are you wasting my time with this? But don’t answer, I know. Because they are paying you. Still, Stansberry’s been saying this same thing for what, 20 years? Why should I buy it now? Couldn’t they come up with something a little fresh? A little stimulating?”

Hm.

Maybe you agree with me that Ron Paul and Stansberry should both go to the Devil, where they came from. Maybe you’re glad I finally voiced that.

Or maybe you’re puzzled by my negativity, and you’re wondering why I’d yell at my own computer screen.

Or maybe you’re put off. “All right, Bejako,” I hear you saying, “since you’re so holy, what fresh and stimulating thing did you say with this nasty email?”

To which I could pretend I’m not selling anything here. But you and I both know that’s not true.

So let me leave you with a quote from Arthur Miller’s The Crucible:

“Is the accuser always holy now? Were they born this morning as clean as God’s fingers? I’ll tell you what’s walking Salem – vengeance is walking Salem. We are what we always were in Salem, but now the little crazy children are jangling the keys of the kingdom, and common vengeance writes the law!”

The Crucible is a morality play about judging and accusing others. But it’s a morality play because it’s not just about a bad episode in Massachusetts in 1692… but about something fundamental in human nature.

So here’s the new and maybe stimulating bit I offer you:

I’m not suggesting you blacklist people. But if you set yourself up as an accuser in your market, at least some of the time… there is power in that.

Power?

Yes, power. The chance to write the law.  The keys to the kingdom. Particularly if you accuse somebody new… and if you are genuine in your outrage and your vengeance.

By the way, I know of several other direct response companies that are guilty of deadly marketing sins. I’ve seen them at night, walking with the Devil. And I will name them. But if you want to read more about that, sign up to my newsletter here.

“Huge Hack if YOU Sell 5k-250k products or programs”

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Two months ago, in a private Facebook group, I saw a post by a well-known real estate investing guru:

Huge Hack if YOU Sell 5k-250k products or programs.
We found a LEGIT funding company that will finance your customers.
VERY Easy qualifications:
620 credit score
40k in income
They will pay you 100% up front of what ever you charge, and the customers payments to them will be fractional to anything they pay you!
We have literally 3 folded our income with them overnight.

The guru was offering to make an introduction to the company, and he didn’t reveal their name. In fact, I still don’t know.

But just yesterday, I saw that Flippa (the online business marketplace) has partnered with a company called Yardline.

So now, if you’re looking to buy an online business through Flippa, assuming you can jump through a few hoops, then you can get 250k from Yardline to finance your purchase.

I’m not sure what kinds of terms Yardline offers.

​​All I can say is that if I were looking to buy a business, I’d look for investment partners directly, rather than going through a company like this.

On the other hand, if you do sell a high-ticket offer, and you target people for whom that much money is an issue, then Yardline and similar companies might be something to look into.

​​If I’m reading the Facebook post above correctly, it sounds like an easy way to grow your income without changing your offer, your marketing, or really anything else inside your company.

Plus I think this is jut a bit of curious industry news. Because a few days ago, I speculated whether the direct response industry is at a “Netflix moment.” In other words, if we’re at a kind of tipping point, where things go mainstream.

I don’t think the emergence of companies like Yardline is any kind of hard proof of this. But it is another data point for you to consider… when you think about which direction you want to take your own career or business.

And if you want more direct marketing industry news and predictions:

I write a daily email newsletter. You can sign up for it here.

The end of Stansberry?

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Last week, a reader of my email newsletter who works for an Agora affiliate clued me into the following fact:

Stansberry Research is going public.

Stansberry, as you probably know, is one of the biggest imprints that came out of Agora. They had the End of America promo. This was one of the two or three biggest direct response campaigns of all time, bringing in hundreds of millions of dollars through a single VSL.

When I heard that Stansberry is going public, my first thought was to David Bowie.

Back in 1997, Bowie released 10-year bonds backed by the future royalties of his album sales.

​​Bowie bonds put $55 million into David Bowie’s pocket, and were given a respectable A3 rating.

​​But within a couple of years, digital file sharing caused the whole music album market to implode. Bowie bonds were downgraded to Baa3, one notch above junk bond status.

Maybe David Bowie, with his artist’s intuition, sensed it coming, and made a smart cash grab just in time?

And maybe Porter Stansberry, using his entrepreneur’s intuition, senses something similar in the current moment?

The Agora copywriter who told me about this assured me I’m imagining things. “It’s probably Stansberry himself wants to be a billionaire. He must be pretty close now.”

A Barrons article that reported on this quoted the CEO of the company that’s taking Stansberry public through a merger. That guy’s reasoning:

“We were looking for a company in the attention economy with scalable, digitally delivered IP. As people say, ‘content is king.’ But it’s rare that you find a company that’s as prolific at creating new IP… They’re like the Netflix of financial content.”

So rather than this being a Bowie moment, maybe it’s a Netflix moment?

​​A moment in which a somewhat limited, niche company uses its own existing assets and a bunch of cash to become a mainstream powerhouse?

Or maybe it’s a sign of things to come — Stansberry & chill?

Maybe. I’m not convinced. But I am curious. So if like me, you dip your toes in the direct response pond, it might be worth keeping an eye on the the ripples from this isolated pebble drop.

Or do you want me to keep an eye out for you? If so, then sign up for my email newsletter, because that’s where all my writing shows up first.

Verdict in for Agora

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The verdict is in. The background is this:

In October 2019, before any of us had heard of such an animal as a pangolin, the FTC went after direct response behemoth Agora. Specifically, the FTC said Agora deceived customers with two products.

The first of these was “The Doctor’s Guide to Reversing Diabetes in 28 Days.” No diet changes… no drugs… no exercise required.

How?

The pitch was that diabetes is caused by “Non-Ionizing Radiation,” which the FTC says is based on no known scientific fact.

The second deceptive product was a book titled, “Congress’ Secret $1.17 Trillion Giveaway.”

The advertising for this book claimed you are entitled to get “Republican checks.” And if you don’t collect yours, somebody else will.

Really?

According to the FTC, it turned out to be the old play of “transubstantiating” dividend-paying stocks into free money.

So two days ago, the United States District Court for the District of Maryland, Northern Division, announced the verdict for this anti-Agora action.

​​From what I understand:

Agora has to stop making misleading, unsubstantiated claims, as with the two products above. (For example, they have to drop the “Non-Ionizing Radiation” shtick I mentioned upstairs.) They also have to pay a fine of $2M.

I’m just reporting this as industry news. I don’t have a single specific point to draw out of this. But here are a few thoughts circling in my head:

1. The $2M fine seems easy to manage for a billion-dollar company.

2. I’m no lawyer or blind supporter of the Bill of Rights. But to me, banning books (and consequent advertising) that promote unproven medical theories sure sounds like a violation of the 1st Amendment.

3. Overall, this decision seems fairly limited and uninteresting. At least it’s nothing comparable to the Raging Bull action currently in progress, which I wrote about before Christmas.

But fear not. When that verdict comes out, I’ll send you another update… and you can then decide whether it’s time to look for a new job.

A chilling Christmas card from the FTC

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Maybe you’ve already heard about Operation Income Illusion. It’s the FTC’s latest action, and it started earlier this month — just in time for Christmas.

The FTC filed lawsuits against five different companies. Among these is Raging Bull, a big and successful player in the financial publishing space.

​​Raging Bull got a restraining order prohibiting it from doing any more marketing… and it had its assets frozen.

So what exactly did Raging Bull to draw the eye of the FTC? From the FTC site:

“The defendants claimed in their pitches that consumers don’t need a lot of time, money, or experience, and that the global coronavirus pandemic represents a great time to pay hundreds or thousands of dollars to learn their secret trading techniques, claiming in one ad that the pandemic ‘…might be the most exciting opportunity in decades!’ The defendants also made claims like ‘Learn how you could DOUBLE or TRIPLE your account in One Week!'”

Errr…

That sounds a lot like the VSL I just finished writing for a real estate investing opportunity. So I find this whole Income Illusion thing a bit chilling.

Because from what I’ve seen in the past, when the FTC goes after a direct marketing company, that company is probably doing something really shady.

But the FTC took issue with Raging Bull over pretty standard direct marketing practices. Making big claims… using the most flattering testimonials… appealing to people’s greed and sloth.

I have no idea where this will go in the future. Maybe the lawsuit will be dismissed… maybe it won’t, but Raging Bull will somehow beat it… maybe it will be a one-time action by the FTC to set an example, without broader consequences. Or maybe it’s a sign of things to come.

In any case, it’s something to keep an eye on.

Now here’s an unrelated pitch, also in time for Christmas:

I’m launching a weekly email newsletter about travel during corona (“…the most exciting opportunity in decades!'”). The first issue will go out tomorrow, right on Christmas Day. If you’re interested, you can sign up at the link below:

https://masksonaplane.com/

Scams and losers for your bulging swipe file

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Nasty little scammerses:

A report came out a few days ago about a guy who recently lost over $4k in a Facebook scam. If like me, you start to feel superior whenever you hear somebody has been scammed (“That would never happen to me!”), let me give you the details.

The guy in question is Niek Van ​​der Maas, the founder of an adtech company.

​​Van der Maas saw a Facebook ad that offered $3k of free credit for advertising on Tik Tok. This is a legit program that Van der Maas had read about, so he clicked on the ad, downloaded the required Android app, logged in with his Facebook account, and waited for the $3k credit to land.

Except the credit never did land. ​​Instead, what happened is that Van der Maas’s own Facebook ad account was charged over $4k.

​​The scammers, who ran the Facebook ad to an imitation version of the Tik Tok ads app, used Van der Maas’s Facebook account info to log into his FB ad account… lock the guy out… and spend $4k on Vietnamese-language ads promoting some kind of aluminum gizmo.

A pretty sophisticated way to make (or lose) $4k. And I’m not 100% sure it would never happen to me.

So I’m telling you this for two reasons:

1) Because the Internet is a dangerous place, and as your surrogate email uncle, I want to make sure you keep yourself safe, and

2) Because marketers and copywriters are always told to “Keep an eye out on what’s working now!” and to throw it in their already-bulging swipe files.

But is an ad working because it’s got good copy with a sexy offer and a well-thought-out back end… or because it’s a scam?

You might think scams are rare. But I’ve read plenty of reports of advertisers scamming customers in various ways, from sneakily putting them on autobill… to cloaked “free but enter your credit card for kicks” offers… to sophisticated scams like the one above.

And when I see crazy ads in Newsmax for ED pills endorsed by President Trump and Tom Selleck… I can easily imagine something shady is going on behind the scenes with those same offers, too.

Likewise, sometimes ads run for weeks and months — and never make any money.

For example, ​a few years back, I worked with several companies preparing for an ICO — that was the cryptocurrency rage at the time. There was simply so much money in this field that many of these crypto investors were perfectly fine throwing away a few hundred thousand on Facebook ads for different loser projects, hoping to strike gold with one massive success.

So what’s my point? Don’t click on anything. It could be a scam. And just because an ad is running all over the place, that doesn’t meant it deserves a place in your swipe file.

In case you want more advice from your surrogate email uncle, you might like to sign up to my daily newsletter. No Facebook login or credit card info required.

New neuromarketing insights from 1966

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I wasted an hour today researching “neuromarketing.” If you like, I’ll tell you what I found.

This is a new field. It’s based on insights and techniques from neuroscience. Its goal is to make people buy more.

Let me give you an example. Scientists put people inside an fMRI machine and showed them Coke and Pepsi. It turned out the two brands created different reactions in the brain.

This seemed like a pretty stupid result. There must be more to it, right? So I listened to talks by a couple of neuromarketing experts.

They made suggestions such as: make your advertising me-focused… use simple language… appeal to emotions. This was all backed by the latest science. Never mind that you could find it all — and much more — in a copy of Breakthrough Advertising. Which Gene Schwartz wrote in 1966.

But speaking of Gene, I think neuromarketing is good for one thing. It illustrates a concept Gene first talked about, which helps you sell in a crowded market. In Gene’s own words:

“If your market is at a stage where they’ve heard all the claims, in all their extremes, then mere repetition or exaggeration won’t work any longer. What this market needs now is a new device to make all these old claims become fresh and believable to them again. In other words, A NEW MECHANISM — a new way to making the old promise work. A different process — a fresh chance — a brand-new possibility of success where only disappointment has resulted before.”

By the way, even though neuromarketing is a disappointment so far, that might soon change.

Google and Facebook both started neuromarketing teams. These companies have such massive resources. Maybe they’ll get more out of neuromarketing than everybody else has gotten so far.

But if they do, don’t count on them to share what they discover. Instead, better grab a hardback copy of Breakthrough Advertising… and start reading and underlining. And if you want more recommendations for books to get you started in marketing, take a look here:

https://bejakovic.com/copywriters-hero/

Agora finally gets into Internet marketing

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I remember back in 2006, when Amazon announced its new Amazon Web Services.

How clever, I thought. Like Donald Trump selling golden mailboxes at Trump Tower to entrepreneurs who want the ritzy mailing address.

After all, Amazon already had all of the computer boxes and wires and know-how for connecting them together. Other businesses didn’t have this — but wanted it. So Amazon could make a nice business by making its internal IT resources publicly available on a per-use basis.

And what a cash cow it turned out to be. AWS is now estimated to bring in $25B a year — more than McDonald’s — and is one of the main profit centers at the famously profit-free Amazon.

Now here’s a puzzle for the marketers out there:

What’s lying around your desktop (literal, computeral, or mental) which you could sell like Amazon sold AWS?

Don’t just shrug if off, but think for a minute.

Because even some of the most successful marketing businesses out there don’t collect this free money. Case in point:

Agora.

Agora is probably the biggest direct response company, with dozens of subsidiaries, and hundreds (thousands?) of offers, mostly financial newsletters.

You can bet that with all this experience selling high-margin info products online, the people at Agora know a thing or three about copywriting and Internet marketing.

And yet, in spite of its tremendous proof elements and branding, Agora doesn’t have any offers in the profitable and growing copywriting/IM niche.

Or at least… they didn’t.

Right now, Agora is spinning up a new division focused on Internet marketing.

I’m not sure what it’s called, but they have an email newsletter called Daily Insider Secrets.

On different days, you can read insights from Evaldo Albuquerque, one of the most successful copywriters at Agora Financial in the past few years…

…from Peter Coyne, also a successful copywriter and the youngest publisher inside Agora…

…and finally, from Rich Schefren, a big name in the IM space for the past decade or two.

I’ve been signed up to these emails for a few days. So far, it’s been like they say — IM secrets you can’t get nowhere else.

Except perhaps, in my own email newsletter. After all, my only fun in life is scouring the Internet for new marketing and persuasion ideas, and then giving them away in my daily newsletter. Usually packaged up in some kind of story.

If that sounds like the kind of thing you might be interested in, then you can try out my (FREE!) email newsletter here.