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How this Marketer 10X'd Product Sales with the Classic 4P's of Marketing Framework [Physical Product Business Podcast: EP13]

2X eCommerce Podcast · with Trevor Longino · April 6, 2017 · 50 min

Summary

This episode with Trevor Longino reveals how applying the foundational 4 P's of marketing—Product, Price, Promotion, and Place—can lead to exponential revenue growth for e-commerce businesses. Operators will learn how GOG.com scaled from mid-six figures annually to mid-seven figures monthly by strategically manipulating these core marketing tenets, particularly focusing on product and pricing adjustments often overlooked by marketers.

Key takeaways

Themes

brandingbusiness growthe-commerce operationsmarketing strategy

Topics covered

4 p's of marketingaudience identificationbrand perceptionpricing strategyproduct strategypromotional strategyrevenue growth tactics

Episode description

PLEASE SUBSCRIBE TO THIS CHANNEL: if you enjoyed the interview. We are also on YouTube, here is where you can SUBSCRIBE: https://www.youtube.com/channel/UCfZrWNt4L8CQqdulAOv2n6g --------------------------------------------------------------------------------------------- On this episode, we are joined by Trevor Longino; he was the Head of Marketing & PR at a video games online retail store, GOG.com. He grew GOG.com's revenues from mid-six figures annually to mid-seven figures monthly over the course of the four years he was there. GOG.com grew from #6 in its industry to #2 over his tenure. Their success was made possible by a few different tactics, which Trevor attributes to the classic 4 "P"s of marketing: Product, Price, Promotion and Place. All of which he applied. Over our conversation, we touch on branding, perception and the impact of manipulating pricing and product (an area many marketers do not seem to tweak or adjust). In this episode you will learn about: - How the Trevor revved up GOG.com's revenue from 6-figures a year to 6 figures a month in 4 years. - How to identify audiences likely to be interested in your products. - How to build a firm foundation for your promotions by determining why you are in business in the first place. - How to double or 10x your business with the 4 Ps of marketing. Guest Bio Trevor is U.S based marketer with 20 years of experience and has, focused mostly on strategic, digital and event marketing; He has been a consultant at Disney's Yellow Shoes Interactive, Universal Studios, Stratosphere Casino, Cox Communications, CD Projekt, and many more companies. He has taken five different startups from newly launched to #1 in their market.   --------------------------------------------------------------------------------------------- FOR FULL SHOWNOTES WEBSITE / BLOG: https://2xecommerce.com/podcast/ Subscribe to our iTunes Channel: https://itunes.apple.com/podcast/physical-product-business/id1181834388 FACEBOOK: https:/

Frequently asked about this episode

What does this episode say about branding?
Strategic adjustment of product and pricing can unlock significant growth, as demonstrated by GOG.com's revenue increase after focusing on these often-neglected P's.
What does this episode say about business growth?
Defining your business's core purpose is crucial for building effective promotions and identifying the right audiences for your products.
What does this episode say about e-commerce operations?
The 4 P's of Marketing (Product, Price, Promotion, Place) are not just theoretical concepts but practical levers for achieving 10x business growth.
What does this episode say about marketing strategy?
Audience identification is key: pinpointing who is most likely to be interested in your products allows for more targeted and efficient marketing efforts.

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