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âPeople buy painkillers. If you donât understand the painful problems your target buyers will pay to solve, youâre screwed.
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Imagine thisâŚ
Youâre at a networking eventâŚ
Itâs a sea of cocktail dresses, suits, and shiny shoes.
A symphony of fake laughter, overbearing smiles, and surface-level chat.
Is there anything worse than ânetworkingâ?
Youâre scanning the room when a glass clinks.
âWelcome everyone. I want to introduce this eveningsâ guest speaker and tech founder, Will.â
Will walks up to the podium.
Heâs sporting a gray hoodie, jeans, and sneakers.
Honestly? He looks like he just crawled out of bed.
Youâre secretly judging Willâs ratty attire when you overhear the woman next to you whisper to her friend, âI heard Will just sold his company to Amazon for $200 million.â
Wow. You didnât realize Will was such a successful entrepreneur.
No wonder the crowd is hanging on his every word.
Why has dressing down suddenly made Willâs social status go up?
In todayâs edition of Why We Buy đ§ weâll explore the Red Sneaker Effectâwhy breaking established social conventions signals higher status.
Letâs get into it.
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đ§ The Psychology of the Red Sneaker Effect
Why do tech billionaires look more like hobos than tech-powered entrepreneurs?
In 2016, Harvard professor Francesca Gino conducted a study during an academic conference.
She noted how each participant dressed and then she dug into how many publications each had under their belt.
Plot twist? The worse they dressed, the more of a big-wig they were in the academic world.
According to Gino, only high-flyers would dare to break the mould because they had the credentials to back it up.
You see there are unspoken rules of the world. Waiting your turn in the queue, saying âthank youâ, and dressing appropriatelyâthey are the rules we follow because, well⌠everybody else does.
But some people can afford to break those rules and climb the social ladder in the process.
People like Lady Gaga, in her infamous meat dress, or Kim Kardashian can make a statement by breaking conventions.
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Before you rush out hire a seamstress to design your own crazy all-black get-up, be warned:
The Red Sneaker Effect works best when you already have kloat with an audience.
If youâre new on the scene and relatively unknown, it could blow up in your face.
đ§ Inside Your Buyer’s Mind
Buyers want to buy from brands (and people) they trust.
One way to differentiate is to break conventional norms.
Zig while others zag.
If youâre struggling to get noticed and find yourself subscribing to the way everyone else is doing things, consider shaking things up by taking the rule book and throwing it out the window.
Sometimes, daring to be different can lead to explosive results.
đ¤ How To Apply This
Alright, so how can you apply this right now to sell more?
E-commerceâ
Make your values your marketing material
In this consumer-heavy, 100mph world, a brandsâ values can be its golden ticket.
Sometimes the very reason a brand exists is to change the world. If thatâs the case, lean in and show your values. In fact, make it your entire marketing campaign.
Patagonia does with their âdonât buy this jacketâ ad. They catch attention with the headline and then go on to explain their stance on sustainability.
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Can you think of anything *more* unconventional than a marketing campaign that says âdonât buy thisâ?
And it worked, sales were up 30%.
Co-created by Katelyn Bourgoin & Phill Agnew
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Media & Educationâ
Use traditional âsalesâ days to stand out
Yesterday I reminded you that the regular price of our Clarity Call Cheatsheets was going up.
We ran a Cyber Monday “Un-sale”. Yep, you read that right, an un-sale. Is that a thing? Well… we made it one.
Why increase the price when everyone was slashing them? Because as experienced marketers who know our audience and with able credibility in the field, the Cyber Monday “un-sale” was our red sneaker.
And it worked. We got lotsa praise on this clever campaign and did $26,227.22 in sales without offering a discount.
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Techâ
Revive old trends to capture attention
Remember when flip-phones were so last year?
Well, Samsung decided to throw it back to 1996 and introduce a flip-phone as their *new* product. When competition is hotter than ever, brands can stand out by making the old, new.
Using words like âRetroâ (which is just another way of saying âwe used to do this, and now weâre bringing it backâ) Samsung makes noise (and credibility).
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The result? Samsungsâ sales skyrocketed, exceeding their projections. â
Service Businessesâ
Find ordinary opportunities to be *extraordinary*
Service businesses are often boringâbut they donât have to be.
With a little innovation and a dash of bravery (it takes courage to be different), service-businesses can stand out and capture the market.
For instance, what does every waste removal service do? They slap their logo on the side of their white van and give their customers a number to call.
Nick and Dan did something different, they use humor and a little creativity to make people look twice.
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âOne ring to remove it allâ youâve gotta admit thatâs good.
đĽ The Short of It
In a crowded market, doing things differently gives you kudos.
As marketers itâs your job to find your own red sneaker.
Ask yourself: what is the market doing and how can I go against that?
P.S. Wanna *really* get inside your buyer's head?
There are a few ways we can help:
- Learn 26.5 âwallet-opening wordsâ that are scientifically proven to boost sales
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- Apply to âsponsorâ Why We Buy đ§














