The gossip this week?
Alex Hormozi's book (and it getting a mixed bag of reactions)
So this week, internet guy™ Alex Hormozi released a book about making money, and — made a lot of money.
And, by a lot of money, I mean that he (reportedly) made over $100 million in 24 hours.
And, according to him, that was only with $4 million spent on ad spend, which is insane.
So — how did he do this, and should people be mad???
From what I can tell following the campaign, there are three things that made this launch so successful:
👉 Literal YEARS of building a personal brand and audience
Everyone wants to believe things like this are easy, or there's a simple strategy behind sales — but at the end of the day, building a committed, loyal audience and a strong foundational brand is how you make money like this.
This launch was yearrrrrrs in the making, and there's no way he would have hit ANYWHERE near the same numbers if he was new to the world of business.
👉 An attention-grabbing campaign
As part of the promo, Alex did a 9-hour live virtual book launch, where he and his team were doing Q&As and workshops.
This got attention, attention got views, and views led to sales — because like I always say, in a world of attention economy, it's never been more important to stand out and be different.
👉 Upselling (like crazy)
His actual book was only about $30, but there were so many bundles and discounts and extra offers in the launch that most people were spending anywhere between $100–$6000 at checkout.
This is kind of what people were so mad about (they feel like it was kind of sleazy).
But — for your own business — it is pretty smart to offer an upsell at checkout, (IF you think it's something that could genuinely be helpful to your audience.)
So — should people be mad???
Honestly — I don't think so.
Sure, Alex has a bit of a ‘bro-marketing’ vibe, but I do think a lot of this success was down to him putting in the work for years and truly understanding his audience (who are, at the end of the day, the ‘bros’).