Demand Curve: 10 lies you’ve been told about marketing

Comment

Image of an advertiser speaking in front of a podium with a shadow of a long nose to represent lies.
Image Credits: Abscent84 (opens in a new window) / Getty Images

Nick Costelloe

Contributor
Nick writes actionable growth marketing insights as head of content at Demand Curve.

More posts from Nick Costelloe

The harsh truth: Some of the advice you read about marketing is incorrect.

While not always intentionally misleading, you’re often absorbing content written by:

  • Marketers without a breadth of experience: People who’ve marketed a single product and have a limited — or biased — view on a channel.
  • Non-practitioners: People who’ve never run experiments, but pass along (sometimes outdated) marketing insights that they’ve read online.

After running thousands of experiments for brands like Microsoft, Segment and Perfect Keto, here are 10 significant lies we’ve realized you’ve been told about marketing (on email marketing, ads and referrals).

1. “Send a welcome email immediately after signup.”

It’s better to avoid sending emails right after people sign up on your site. We’re used to getting generic, unimportant welcome emails every time we sign up for anything online. So most people will reflexively discard your welcome email as spam.

Instead, try delaying your welcome email by 15 to 45 minutes.

The delay removes the subscriber’s mental connection between signup and your email, bypassing the reflex to ignore.

As a result, you’ll likely get more opens and more engagement.

2. “Only highlight your best product reviews.”

For context, reviews are a big deal:

  • 93% of consumers claim product reviews impact purchase decisions.
  • The social proof of having 50+ product reviews increases conversion. Shoppers trust peers more than they trust brands.

But imperfect reviews can generate more sales than five-star ones. How?

When a partially negative review weighs your cons versus your pros and concludes that the product was worth purchasing anyway, that sounds authentic and honest.

In contrast, strings of flawless five-star reviews don’t signal authenticity. Psychologically, they’re less likely to sink in as positive social proof.

Here’s what you can do:

  • Make sure your post-purchase email flow contains a request for reviews. The more reviews you have, the better.
  • Don’t bury slightly negative reviews. If someone leaves a four-star review and offers a fair (and insignificant) critique, showcase it toward the top of your product page.

3. “You have to send a newsletter every week.”

Most newsletters shouldn’t be sent weekly. This goes against what most creator economy entrepreneurs suggest.

But high cadences force newsletter writers to rush and publish lower-quality information to hit self-imposed deadlines.

Instead, consider only sending when you truly have value to add. At a minimum, consider setting a more reasonable cadence like once or twice a month so that you’ll have enough time and content to consistently hit a high-quality bar.

We send our Growth Newsletter twice per month, since it requires time to run growth experiments, workshop with our community and write novel, actionable tactics. If we published more frequently, we’d be doing our subscribers a disservice.

4. “Your startup needs a great referral program.”

The most famous referral success stories are outliers. The well-known referral programs that grew brands like Airbnb and Dropbox are highly unlikely to work for your startup.

Instead of trying to “build a successful referral program,” you should be focused on finding your company’s social loop.

Examples:

  • If you run an e-commerce pet store, your loop might be getting dog owners to post pictures of their dogs on Instagram (with you tagged). Barbox customers frequently post photos of their dogs enjoying Barbox’s products — a social loop that brings more attention, clicks and sales for Barkbox.
  • If you’re in edtech, your loop might be a bustling community where eager students get free course credits when they invite their classmates.
  • If you’re a SaaS founder, your loop might be a freemium tier where your customers include your badge in their website footer.

There are no one-size-fits-all solutions. You have to dig into what your product offers and align that with an incentive that increases your exposure.

5. “Always include a message while prospecting on LinkedIn.”

When connecting with people on LinkedIn (for B2B outreach), test not including a message with your outreach request.

We’ve found that no message appears ambiguous and, as a result, less like a sales pitch. People accept the request more often.

In contrast, a templated message looks like outreach automation, and it triggers people’s reflex to ignore you.

6. “If you can’t get ads to run profitably, your business model is broken.”

The reality is that most startups never get ads to run profitably. They’re usually worth testing because they’re quick to experiment with and scale.

But if they don’t work, focus on finding another channel that’s a better fit for your model:

  • SEO
  • Referrals
  • Product-led growth
  • Sales
  • Social content

Far more startups have success with the above channels than they do with social ads.

7. “You need to go viral.”

Most products won’t go viral. Growing through word of mouth is far more realistic and applicable to most startups.

Word of mouth is the result of a product that removes obstacles or pain from people’s lives and gives people dopamine hits of delight. Create a product that people can’t help but share with their friends.

8. “You need PR for your launch.”

PR is incredibly valuable, yes. It’ll increase your startup’s rank in Google and drive traffic.

But combine your launch PR with something that’ll continuously generate customers: An engaged audience.

Audiences can be built alongside your product:

  • Build in public on social media. Post regular updates on your progress. Make your followers feel like they’re part of the journey.
  • Add value: Offer insight into building your company or give away some of your value propositions for free in the early stages. You’ll build social capital that you can cash in for sales when you launch.

A group of people who want you to win will help you build momentum for launch.

Image Credits: Screenshot of tweet from Domm Holland

Domm Holland grew his company, Fast, in public on Twitter, building an engaged audience of potential customers along the way.

9. “You should focus on blogging for SEO.”

Most startups actually find it significantly more useful to create content to show their value and to help others.

This generosity — ironically — leads to a high-performing funnel. Quality content leads to trust and sales.

10. “Great products don’t need marketing.”

Even the best products need marketing to effectively reach the right people at scale.

Tip the first domino for the rest to fall.

Demand Curve: Email marketing tactics that convert subscribers into customers

Demand Curve: 7 ad types that increase click-through rates

More TechCrunch

Anterior, a company that uses AI to expedite health insurance approval for medical procedures, has raised a $20 million Series A round at a $95 million post-money valuation led by…

Anterior grabs $20M from NEA to expedite health insurance approvals with AI

Welcome back to TechCrunch’s Week in Review — TechCrunch’s newsletter recapping the week’s biggest news. Want it in your inbox every Saturday? Sign up here. There’s more bad news for…

How India’s most valuable startup ended up being worth nothing

If death and taxes are inevitable, why are companies so prepared for taxes, but not for death? “I lost both of my parents in college, and it didn’t initially spark…

Bereave wants employers to suck a little less at navigating death

Google and Microsoft have made their developer conferences a showcase of their generative AI chops, and now all eyes are on next week’s Worldwide Developers Conference, which is expected to…

Apple needs to focus on making AI useful, not flashy

AI systems and large language models need to be trained on massive amounts of data to be accurate but they shouldn’t train on data that they don’t have the rights…

Deal Dive: Human Native AI is building the marketplace for AI training licensing deals

Before Wazer came along, “water jet cutting” and “affordable” didn’t belong in the same sentence. That changed in 2016, when the company launched the world’s first desktop water jet cutter,…

Wazer Pro is making desktop water jetting more affordable

Former Autonomy chief executive Mike Lynch issued a statement Thursday following his acquittal of criminal charges, ending a 13-year legal battle with Hewlett-Packard that became one of Silicon Valley’s biggest…

Autonomy’s Mike Lynch acquitted after US fraud trial brought by HP

Featured Article

What Snowflake isn’t saying about its customer data breaches

As another Snowflake customer confirms a data breach, the cloud data company says its position “remains unchanged.”

1 day ago
What Snowflake isn’t saying about its customer data breaches

Investor demand has been so strong for Rippling’s shares that it is letting former employees particpate in its tender offer. With one exception.

Rippling bans former employees who work at competitors like Deel and Workday from its tender offer stock sale

It turns out the space industry has a lot of ideas on how to improve NASA’s $11 billion, 15-year plan to collect and return samples from Mars. Seven of these…

NASA puts $10M down on Mars sample return proposals from Blue Origin, SpaceX and others

Featured Article

In 2024, many Y Combinator startups only want tiny seed rounds — but there’s a catch

When Bowery Capital general partner Loren Straub started talking to a startup from the latest Y Combinator accelerator batch a few months ago, she thought it was strange that the company didn’t have a lead investor for the round it was raising. Even stranger, the founders didn’t seem to be…

2 days ago
In 2024, many Y Combinator startups only want tiny seed rounds — but there’s a catch

The keynote will be focused on Apple’s software offerings and the developers that power them, including the latest versions of iOS, iPadOS, macOS, tvOS, visionOS and watchOS.

Watch Apple kick off WWDC 2024 right here

Welcome to Startups Weekly — Haje’s weekly recap of everything you can’t miss from the world of startups. Anna will be covering for him this week. Sign up here to…

Startups Weekly: Ups, downs, and silver linings

HSBC and BlackRock estimate that the Indian edtech giant Byju’s, once valued at $22 billion, is now worth nothing.

BlackRock has slashed the value of stake in Byju’s, once worth $22 billion, to zero

Apple is set to board the runaway locomotive that is generative AI at next week’s World Wide Developer Conference. Reports thus far have pointed to a partnership with OpenAI that…

Apple’s generative AI offering might not work with the standard iPhone 15

LinkedIn has confirmed it will no longer allow advertisers to target users based on data gleaned from their participation in LinkedIn Groups. The move comes more than three months after…

LinkedIn to limit targeted ads in EU after complaint over sensitive data use

Founders: Need plans this weekend? What better way to spend your time than applying to this year’s Startup Battlefield 200 at TechCrunch Disrupt. With Monday’s deadline looming, this is a…

Startup Battlefield 200 applications due Monday

The company is in the process of building a gigawatt-scale factory in Kentucky to produce its nickel-hydrogen batteries.

Novel battery manufacturer EnerVenue is raising $515M, per filing

Meta is quietly rolling out a new “Communities” feature on Messenger, the company confirmed to TechCrunch. The feature is designed to help organizations, schools and other private groups communicate in…

Meta quietly rolls out Communities on Messenger

Featured Article

Siri and Google Assistant look to generative AI for a new lease on life

Voice assistants in general are having an existential moment, and generative AI is poised to be the logical successor.

2 days ago
Siri and Google Assistant look to generative AI for a new lease on life

Education software provider PowerSchool is being taken private by investment firm Bain Capital in a $5.6 billion deal.

Bain to take K-12 education software provider PowerSchool private in $5.6B deal

Shopify has acquired Threads.com, the Sequoia-backed Slack alternative, Threads said on its website. The companies didn’t disclose the terms of the deal but said that the Threads.com team will join…

Shopify acquires Threads (no, not that one)

Featured Article

Bangladeshi police agents accused of selling citizens’ personal information on Telegram

Two senior police officials in Bangladesh are accused of collecting and selling citizens’ personal information to criminals on Telegram.

2 days ago
Bangladeshi police agents accused of selling citizens’ personal information on Telegram

Carta, a once-high-flying Silicon Valley startup that loudly backed away from one of its businesses earlier this year, is working on a secondary sale that would value the company at…

Carta’s valuation to be cut by $6.5 billion in upcoming secondary sale

Boeing’s Starliner spacecraft has successfully delivered two astronauts to the International Space Station, a key milestone in the aerospace giant’s quest to certify the capsule for regular crewed missions.  Starliner…

Boeing’s Starliner overcomes leaks and engine trouble to dock with ‘the big city in the sky’

Rivian needs to sell its new revamped vehicles at a profit in order to sustain itself long enough to get to the cheaper mass market R2 SUV on the road.

Rivian’s path to survival is now remarkably clear

Featured Article

What to expect from WWDC 2024: iOS 18, macOS 15 and so much AI

Apple is hoping to make WWDC 2024 memorable as it finally spells out its generative AI plans.

3 days ago
What to expect from WWDC 2024: iOS 18, macOS 15 and so much AI

As WWDC 2024 nears, all sorts of rumors and leaks have emerged about what iOS 18 and its AI-powered apps and features have in store.

What to expect from Apple’s AI-powered iOS 18 at WWDC 2024

Apple’s annual list of what it considers the best and most innovative software available on its platform is turning its attention to the little guy.

Apple’s Design Awards highlight indies and startups

Meta launched its Meta Verified program today along with other features, such as the ability to call large businesses and custom messages.

Meta rolls out Meta Verified for WhatsApp Business users in Brazil, India, Indonesia and Colombia