Marketing strategist Ron Lynch shares direct-response media spend and sales figures from GoPro's early advertising campaigns.
0:00 / 0:08exact quote · 8.2s
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“We, if we spent a 100,000 dollars a week, we could anticipate selling 200 to 250,000 dollars of cameras.”
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More from Ron Lynch
Insight
Lynch: Direct TV Sales Drive 6x to 7x Product Sales at Retail
“And for every one you sell on TV, you sell six or seven at retail once you open the retail doors.”
Ron LynchFeb 26, 2016▶ 10:40How GoPro Went from $300k to $600M In Sales in Weird Way with Ron Lynch Ep 8
Opinion
Early GoPro was a mediocre pinhole camera saved by great mounts
“When we found GoPro, it was what I'm going to call a mediocre camera with great attachments. It was almost a pinhole camera, and the camera that you're, that we all buy today with GoPro is super advanced compared to where they started, but they always had grea…”
Ron LynchFeb 26, 2016▶ 2:39How GoPro Went from $300k to $600M In Sales in Weird Way with Ron Lynch Ep 8
AssertionPartly supported
Lynch: GoPro grew revenue from $600k to $600M in five years
“It probably went tenfold. Yeah, I guess it's probably about tenfold a year. There's about a five-year process, and they started it 600,000. So the next year would be six million, and the year after that would be about 50, sixty million. Then it jumped up to ma…”
Ron LynchFeb 26, 2016▶ 13:04How GoPro Went from $300k to $600M In Sales in Weird Way with Ron Lynch Ep 8
AssertionNot checkable as stated
Lynch: GoPro raised $6M to $8M early on and rarely spent it
“So they raised I think about six, eight million dollars, and they rarely tapped into that money.”
Ron LynchFeb 26, 2016▶ 3:59How GoPro Went from $300k to $600M In Sales in Weird Way with Ron Lynch Ep 8
AssertionNot checkable as stated
Lynch: 60% to 70% of TV Viewers Filled Out GoPro's Contest Funnel
“I would say probably 60 to 70% of folks filled out that data.”
Ron LynchFeb 26, 2016▶ 8:04How GoPro Went from $300k to $600M In Sales in Weird Way with Ron Lynch Ep 8
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