Professor Jeffrey Lant’s Rule of 7
William Bowdler-Raynar
Wealth Management & Asset Allocation I Capital & Fund Raising I Venture Partner & Investment Committee Member I Investment Trends
This principle suggests that a prospect needs to see or hear your marketing message at least seven times before they take action and buy from you. The idea is that repeated exposure helps break through the noise and clutter of competing messages, making your brand more familiar and trustworthy to the consumer.
In the 30’s, Claude Hopkins, a pioneer in advertising, believed that it took around 20 exposures to an advertisement before a consumer takes action. This principle emphasizes the importance of frequency in advertising, suggesting that
repeated exposure is necessary to persuade a consumer (aka: investor) to purchase (aka: invest) a product (aka: into a company).
Regarding the exposure frequency of luxury brands like Rolex or Hermès, we would all agree that we see them several thousand times per year. These brands employ a strategy of high-frequency, high-quality exposure across various platforms. This includes advertisements in premium magazines, sponsorships of high-profile events, celebrity endorsements, and a strong presence in exclusive retail locations. The strategy is to create an aura of exclusivity and prestige, ensuring that each exposure is impactful and reinforces the brand's image of luxury and quality.
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This persistent visibility is a delicate dance of 'pull and push' - a strategy that intertwines the art of attracting attention while actively reaching out. In the upcoming sections, i'll explore 20 touchpoints that can effectively place your start-up on the investor's radar. These methods range from the straightforward to the more intricate, each playing a crucial role in ensuring your venture doesn't just pass through but resonates deeply within the investor's cortex. Some touchpoints are more effective than others, combining them is what counts.
Each of these methods requires a tailored approach, considering the unique aspects of your business and the interests of the potential investors. Remember, persistence and a well-crafted strategy are key in capturing the attention of venture capital investors.
Absolutely love the insights here! ?? Remember, as Henry Ford said, “Stopping advertising to save money is like stopping your watch to save time.” Consistency in your narrative not only builds trust but cements your place in the market. ???? Speaking of impact, don't miss the chance to be part of the Guinness World Record for Tree Planting, a sponsorship opportunity that mirrors growth and endurance. ?? Details here: https://bit.ly/TreeGuinnessWorldRecord
Persistence pays off! The “Rule of 7” and Hopkins' 20 exposures highlight the importance of repeated touchpoints in building brand trust and enticing action. It's a reminder that success in engaging venture capitalists or enhancing employee engagement comes from consistent effort and a strategic approach. For those focusing on boosting employee motivation or customer loyalty, integrating an effective recognition strategy, like what's offered on Xoxo Day, can be incredibly beneficial. Learn more about automating and scaling your reward programs here: Keep pushing forward with your tailored approaches! ????
YouTube's #1 Expert in B2B Lead Generation & Cold Email Outreach. Helping business owners install AI lead gen machines to get clients on autopilot. Founder @ Otter PR
10 个月Persistence and strategy are key when engaging with VC investors. Tailor your approach and utilize multiple touchpoints to increase your chances of success!