Need-Greed-Vanity Framework

The Need-Greed-Vanity framework is used by successful direct response marketers to evaluate product opportunities and create compelling marketing messages.

Core Framework Elements

  • Need-Greed-Vanity are the three core human motivations that drive purchasing decisions
  • Used by Guthy-Renker to evaluate and position products for infomercials
  • Framework helps identify which motivation to tap into for marketing

Real World Application Example

  • Computer security software company pitched Guthy-Renker
    • Initial pitch focused on "need" (computer security/safety)
    • Was rejected because it created stress about a problem people weren't actively worried about
    • Repositioned to focus on "greed" (faster computer speeds)
    • After repositioning, went from $1M to $75M in annual revenue

Marketing Implementation

  • Don't lead with problems that create new stress
  • Find ways to tap into existing desires and motivations
  • Position products to align with one of the three core motivations
  • Focus on benefits that people already want, not problems they need to worry about

Additional Success Factors

  • Look for underutilized marketing channels
    • Example: Using radio when competitors focused on digital
    • "Don't compete in a knife fight unless you have a gun"
  • Test different messaging angles
  • Track attribution carefully
  • Be willing to completely reposition products based on customer motivation

The framework emphasizes understanding and aligning with existing human motivations rather than trying to create new ones through marketing.

SP

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.

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