1 of 33

TESTING DEMAND�ON SOCIAL MEDIA

MARKETING MVPS

Justin Wilcox

TeachingEntrepreneurship.org

2 of 33

WHY?

3 of 33

TV Ad Spend

What’s the RED line?

4 of 33

Global Ad Spend

TV vs Internet

2011

TV $90B > Internet

5 of 33

2020

Internet $90B > TV

6 of 33

2026

Internet 80% All Ads

7 of 33

=

ONLINE MARKETING

MARKETING

FOR OUR STUDENTS

8 of 33

WHY?

9 of 33

Why?

3 Reasons . . .

Social Media Marketing Dominating?

10 of 33

Social Media

TARGETING

11 of 33

Social Media

Pick 3 . . .

Surprising / interesting ways to target people

bit.ly/FBDemoOptions

12 of 33

Making Your 1st

Social Media Ad

13 of 33

Demographics

1. Social Network

2. Age

3. Gender

4. Income

5. Region

bit.ly/SMAdGen

14 of 33

Customer Interviews

Frustrated battery doesn’t last all day”

Anxious calling an Uber with low battery”

Excited about renewable energy”

15 of 33

Demographics

1. Social Network

2. Age

3. Gender

4. Income

5. Region

bit.ly/SMAdGen

16 of 33

Interests & Behaviors

Box #6

bit.ly/FBDemoOptions

17 of 33

7. Describe Image

Evoke emotions

18 of 33

Customer Interviews

Frustrated battery doesn’t last all day”

Anxious calling an Uber with low battery”

Excited about renewable energy”

19 of 33

7. Describe Image

Evoke emotions

20 of 33

8. Find an Image

21 of 33

9. Create Your Ad

Evoke emotions

22 of 33

Customize Lesson

1. Spreadsheet Ad

2. Draft Facebook Ad

3. Run Facebook MVP Ad

4. Run A/B Tests

23 of 33

Lesson Plan

Digital Version

24 of 33

When to Use It?

Digital Version

25 of 33

Structured Curriculum

26 of 33

27 of 33

Here

28 of 33

TAKE A SAMPLE KIT

29 of 33

teachinge.org/usasbe

LESSON PLAN

30 of 33

teachinge.org/usasbe

  1. Marketing MVPs: Testing Demand on Social Media
  2. Backpack Design Challenge: Intro to Design Thinking
  3. Making Finance Fun: The Financial Modeling Showdown
  4. Revenue Model Card Game
  5. Engagement From Day 1. Ask: What is your "F" Problem?

31 of 33

32 of 33

https://bit.ly/tehappy23

33 of 33

teachinge.org