Commerce Talks with Alexander Graf artwork

#61 The business of being a mentalist - Lior Suchard

Commerce Talks with Alexander Graf · with Lior Suchard · March 2, 2022 · 45 min

Summary

Lior Suchard, a world-renowned mentalist, shares how he built a successful personal brand and business, offering valuable lessons for ecommerce operators on customer loyalty, strategic channel utilization, and the enduring power of word-of-mouth marketing, even in a unique niche.

Key takeaways

Themes

brand buildingbusiness adaptationcustomer loyaltymulti-channel strategy

Topics covered

customer engagement strategiesimpact of covid-19 on businessonline course developmentpersonal branding and monetizationsocial media utilizationword-of-mouth marketing

Episode description

Lior Suchard, the world famous mentalist, sat down with us to talk about the business of mentalism. Whether it’s the impact of COVID, customer loyalty, or the various channels he explores, Lior offers a behind the scenes look at his brand and the brains behind the business of what he does. Listen to learn more as well as witness some mental tricks throughout the episode Table of contents The business of mentalism - 5:00 Impact of COVID-19 - 8:00 Why word of mouth still matters - 16:00 Training the next generation of mentalists - 21:30 Customer loyalty and channel exploration - 28:27 Fully utilizing social media - 34:20 Online classes for mentalism - 41:25 Learn more about Lior: Lior's Website https://liorsuchard.com/ Follow us: Twitter/sprysys Like what you heard? Leave us a review!

Frequently asked about this episode

What does this episode say about brand building?
Leverage unique skills or offerings to create a distinctive brand identity that reduces reliance on traditional advertising and fosters organic growth.
What does this episode say about business adaptation?
Develop a multi-channel strategy, including social media and online courses, to reach diverse audiences and monetize expertise beyond traditional avenues.
What does this episode say about customer loyalty?
Prioritize exceptional customer experiences to drive word-of-mouth referrals, as authentic endorsements remain a powerful, cost-effective marketing tool.
What does this episode say about multi-channel strategy?
Adapt your business model to external challenges, like CO-VID-19, by exploring new revenue streams and engagement methods, such as online classes.
What does this episode say about brand building?
Continuously train and empower your 'next generation' of customers or advocates to expand your brand's reach and influence.

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