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- 🔌 How a 5 Second TikTok Made $25K
🔌 How a 5 Second TikTok Made $25K
The Marketing Plug #7
Hello!
George Mack here.
Ready to get plugged in?
Here’s the 0.1% of marketing information today:
🔌 How a 5 Second TikTok Made $25K
🔌 Mental Model: Value Creation Equation
🔌 Average Screen Times Around The World
🔌 How a 5 Second TikTok Made $25K
Here’s the Plug’s favourite TikTok this week:
Hilarious brand - He created “Untitled Folder”. It’s the blue folder on your Mac — into an actual folder you can buy 😂
2. Scarcity - There are only 500 available. All are priced at $49. That's $25K for a 5 second video.
3. Sold out - That one TikTok sold out the whole collection.
🔌 Plug Take:
This is genius.
He hopped on a meme (remember yesterday’s newsletter) and added scarcity.
You can check out the original post here.
🔌 Mental Model: The Value Creation Equation
This is from Alex Hormozi’s $100M offers:
Beginner marketers focus on the top half.
Expert marketers focus on the bottom half.
🔌 Plug Take:
Time delay - How can you get the customer to the magic moment as fast as possible? Time the process and keep iterating until it’s true.
E.g. This is what Amazon Prime was built on → Next day delivery
And its new competitor Instashop has taken this to another level → Same-day delivery.Effort & Sacrifice - How can you reduce the amount of effort it takes?
E.g. Amazon had a patent on the one-click checkout until 2019
They had a monopoly on reduced effort and sacrifice.
🔌 Average Screen Times Around The World
One of the biggest things the Plug thinks about on a daily basis:
New markets.
What countries to expand to.
Matt Navarra shared this great breakdown of the average social media screen time (by % of awake hours)
Here’s the top 10:
South Africa - 22.56%
Brazil - 22.37%
Phillipines - 21.91%
Colombia - 20.85%
Chile - 20.8%
Mexico - 20.06%
Indonesia - 19.71%
Argentina - 19.39%
Saudi Arabia - 17.60%
Turkey - 17.21%
🔌 Plug takeaways:
South America is BOOMING - 50% of the list is South America. The benefit is that 4/5 speak Spanish - so you can scale to all locations at once without having to translate languages (Keep in mind Brazilians speak Portuguese)
Mr. Beast is dubbing himself for all of these locations. This will become a bigger trend in the next 2-3 years.The nuances of Saudi - What do you think is the biggest social network in Saudi Arabia? It’s Snap. Everyone who is scaling to Saudi Arabia cannot ignore Snap.
The Average Social Media Screen Times Around The World 2023 📱🥺
— Matt Navarra (@MattNavarra)
10:08 AM • Apr 19, 2023
🔌 Ad Of The Day
The French Open (2000) 🗼
"What you call 'love' was invented by guys like me (advertisers), to sell nylons."
– Rory Sutherland
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George Mack
Chief Plug Officer 🔌