Platform Generation Evolution
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Shaan Puri shares insights about how marketing platforms evolve with generations, using Madison Reed (a hair color company) as a case study. He emphasizes that while platforms change, core marketing principles remain constant.
Key Points:
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Platform Evolution for Brands:
- TV ads dominated previous generations
- Madison Reed built success through Facebook ads ($150M revenue)
- Next generation will be reached through TikTok and Instagram Reels
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Marketing Fundamentals:
- Core human desires remain constant
- Visual products work well (especially beauty)
- Before/after demonstrations are powerful
- High margins are possible with right execution
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Building Modern Brands:
- Need to match platform to target audience's media consumption
- TikTok today is similar to Facebook 2012-2014
- Creator partnerships build trust and brand recognition
- Focus on platform-native content strategy
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Timeless Marketing Principles:
- Old advertising hooks from 1910s still work today
- Example: Wall Street Journal's "Two Young Men" story ad
- "Curiosity gap" technique remains effective
- Human nature and psychological triggers don't change
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Success Formula:
- Find proven concepts from past
- Adapt to modern platforms
- Target new generation where they are
- Keep core marketing psychology intact
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Current Opportunity:
- TikTok is currently undervalued for marketing
- Potential to replicate previous platform successes
- Need to understand platform-specific content requirements
- First-mover advantage still exists
19:03 - 19:26
Full video: 44:24SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.