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How Word of Mouth Builds Billion-Dollar Brands
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Discover the power of word-of-mouth marketing! We break down how brands like Supreme and movements like Alcoholics Anonymous achieved exponential growth, focusing on the Instant Pot phenomenon. Learn the secret to building a successful brand through genuine referrals and compelling storytelling.
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How many ads have you seen for Supreme?
Zero. So, how did they hit 100 million
or whatever it is in revenue they have?
Because they gave the seven people who
started something to tell their 12
friends. Now they have 19 and then and
then and then and then. So, it's 10 by
10 by 10. It's the way every single
network, spiritual community, anything
has ever spread. You know, think about
Alcoholics Anonymous. Everyone has heard
about Alcoholics Anonymous, but it's
anonymous. Nobody knows where their
headquarters are. They don't run any
ads. How come you've heard about it?
Heard about it? Because people whose
lives were changed by it generously
bring other people along. The same thing
happened with the Instant Pot, right?
The Instant Pot is a cool little
invention, but that's not how it became
a a a juggernaut. And it's not because
it was $89. It's because if you came
over to my house for dinner after I made
something in my Instant Pot, I would
tell you about it. So basically it's
it's the remarkable part is the is the
product or the service and and the
marketing is a byproduct of it because
that person actually will share it with
their with their community so to speak
and the people that influence around Uh,