Jump to content

The S.W.I.P.E Email (Friday August 26th, 2022)

(Swipe, Wisdom, Interesting, Picture, Editorial)

This is a fun email for Friday August 26th, 2022. Hope you like it 🙂

 

🎤 Listen to this email here:

#1.) Swipe:

Look at all this wine:

wine-bottles.jpg

What's the difference in all of these? 

When it comes to wine, there's very little product differentiation other than:
• Personal preference
• Bottle placement
• Brand name
• Brand story
• Label

It's an entire industry based off marketing and distribution.
While there are slight variations here and there, ultimately the product is very similar, and marketing a wine is all about.....marketing!

#2.) Wisdom:

The definition of a "millionaire" is changing.

In 1913 a "millionaire" meant you had the equivalent of ~$30 million of today's purchasing power.

Being "a millionaire" meant being set for life. Now you can't buy a 2-bed apartment in a high cost of living city.

Look at what inflation does to the purchasing power of $1m:

millionaire.jpg

Here's those stats in numbers (The USA started tracking inflation in 1913). 
Here's the 2022 purchasing power of $1million dollars through the years:
• 1913: $29,926,869 
• 1920: $14,813,800 
• 1930: $17,741,078 
• 1940: $21,162,571 
• 1950: $12,293,610 
• 1960: $10,009,324 
• 1970: $7,635,979 
• 1980: $3,595,583 
• 1990: $2,266,840 
• 2000: $1,720,534 
• 2010: $1,358,715 
• 2020: $1,144,758 
• 2022: $1,000,000

So "inflation" steadily marches forward, that itself is not a huge problem so long as it remains in check (the goal is 2% inflation per year). 

However lately that number has been WAY higher, and there's a risk of "hyper-inflation" where instead of decades of your dollars losing purchasing power, it happens in weeks or days. 

For example in some other currencies that've experienced hyper-inflation, everyone in the country is technically a "millionaire" but it no longer means they are rich:

In Turkey $60,000 USD makes you a "millionaire."
In Argentina $8,000 USD makes you a "millionaire."
In Zimbabwe $3,000 USD makes you a "millionaire."
In Sudan $200 USD makes you a "millionaire."
In Venezuela $2 USD makes you a "millionaire."

If you own assets that move UP with inflation, you are somewhat protected from inflation.

Things that often go "up" as inflation marches on:
• Stocks
• Prices of homes (specifically land)
• Businesses that can raise prices

This is my personal "Protect from Inflation" kit:
- Hold stocks: GOOG, AMZN, AAPL
- Hold some crypto: BTC, ETH
- Own hard asset: House/Rental
- Own piece of several businesses
- Hold S&P 500 fund: VOO (auto-buy monthly)
- Hold China S&P 500 fund: MCHI (auto-buy monthly)
- Don't sell for 10+ years

#3.) Interesting:

Putting words out on the internet has:
- Provided 100% of my income.
- Connected me w/ all my best friends.
- Constant stream of new friends.
- Gives me feedback on thoughts.
- Amplifies my voice at scale.
- Gives me inbound sales.
- Gives me community.

When I first started posting online, there was this distinction between "online" vs "offline." 

But now we don't "log off the internet" ever, and the internet is such a part of our lives that I no longer believe in online vs offline. 

There's no "I went online for a restaurant review." 
It's just a restaurant review.

There's no "we met online." 
It's just meeting. 

There's no "I took an online class. 
It's just a class. 

Online and Offline are already merged:

online-offline.webp

#4.) Picture:

Speaking of merging online and offline, I hosted a "Twitter Party" yesterday to meet people I follow on Twitter IRL, and it went off great!

This may seem dumb, but several people commented it was really fun, so we had this idea to start the party off in the living room as normal...

twitter-party-2.jpg

....then move the party to "The VIP Room" (aka my office) 😂

twitter-4.jpg

We all took a field trip there...

twitter-5.jpg

...and for whatever reason this segment of the meetup was everyone's favorite!

FbBELW4WYAAFuHr.jpg

Fun times meeting all these Twitter peeps IRL!

#5.) Editorial:

We asked people the other day "What do YOU think copywriting means?"

We got some fascinating answers!

Here's some good ones:

"Copywriting is the transference of ideas in the most succinct yet relatable way to your audience." 
- Trevor R 

"Copywriting is selling better online." 
- Mason

"Copywriting is learning how to hotwire your product into your customer’s heart strings."
-Cathy 

"Copywriting is the art of persuading someone to to buy your product." 
- Serhat 

"Copywriting teaches you to catch peoples attention and convince them to buy your product." 
- John

"Copywriting is word money."
- Michael

"Copywriting is learning how to hotwire your product/service into your ideal customer’s heart strings."
- Cathy

"Using words to persuade."
- Jordan

“Copywriting is an aspect of writing that is action-driven. It is the part of writing that is focused on influencing the reader to take a desired action.” 
- Tyrah

"Copywriting is closing a sale using the written word. A means to persuade, influence and engage clients to make a sale."
- Olumayowa

"Copywriting is a slippery slope where the goal of each sentence is for the person to read the next sentence."
- Yap

"Copywriting is the art of persuading people using words."
- JBagley

"Copywriting is (a) understanding your customer and (b) showing them you understand in the most clear way possible."
- Michael

The way I describe copywriting to people is:

what-is-copywriting.gif

You can see hundreds of more responses to the question here.

Hopefully you enjoyed these tid-bits!
 

Sincerely,
Neville Medhora -
CopywritingCourse.com | @NevMed
nev-head.webp

15 Comments


Recommended Comments

Commodities Need Copywriters

Wine (and most food) is undifferentiated.

Wait, is it?

What about Michelin Star restaurants? 

Whole Foods?

That kinda crappy bread that only you like and is half the price of the rest?

A person chooses one of these because there's a story in their head.

Michelin Star: I work hard and deserve the best.

Whole Foods: Food is medicine.

Crappy Bread: My mom put JIF peanut butter on this when I was sick and got to stay home from school.

What's the story in your customer's head? 

Can you rewrite it?

This is why...

Commodities need copywriters.

Link to comment

Love the S.T.U.P.I.D to S.W.I.P.E re-branding. 

Speaking of swipes, thanks for swipefile.com

Recently tried searching there using a target keyword but it didn't seem to work out. And the target keyword "insurance" isn't in the filters. 

What would you suggest as the best way to search for swipes using keywords on swipefile.com?

Link to comment

Been here for long reading You and following You. 

I follow what you post. 

This email rocked in many ways... Nothing for me was new but loved how u presented each statement.

It says lots of what You do for a living. 

Cheers Neville, love to be around and thanks for always sharing. 

Link to comment
  • Administrator

Super kind of you to say Ennio! I love making these and hope to send out more good ones in the future 🙂 

Link to comment
  • Administrator

Hey Jean-Paul yes I think moving forward it will be the "SWIPE" email.

It wasn't offensive or anything, but funny enough about 30% of all people responding would call it the "SWIPE Email" already, so we just switched over!

Link to comment
  • Administrator

That's so funny, pure coincidence 😂

It used to be S.T.U.P.I.D. Email and people would still send me this T.H.R.I.V.E Email similarity! 

Link to comment
  • Administrator

It's now called SWIPE email! 

Swipe
Wisdom
Interesting
Picture
Editorial

It's almost the same 🙂 

Link to comment
Guest
Add a comment...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...
Guest