Transcript
Gary Vaynerchuk (0:00)
The biggest opportunity to build massive brand is to go organic social. When you normally get 800 views. When something gets 57,000 views, 570,000 views, 5.7 million views. Knowing what to do with that creative Mary Roots Organics, Poppy Liquid Death, many others are playing with versions of this. Social media doesn't exist anymore. We're now in interest media where content is finding its audience. All of you know this. When you woke up this morning, your feeds were littered with the things you're currently into, not your cousin or or somebody you went to high school with that you follow. This is the GaryVee audio experience.
Audience Member 1 (0:40)
Thank you.
Audience Member 2 (0:41)
Thank you so much. This is an apple for you.
Gary Vaynerchuk (0:43)
Thank you, brother.
Audience Member 1 (0:44)
Thank you.
Gary Vaynerchuk (0:45)
Preston Expo west what's good?
Kristin Borland (0:51)
Are you sitting over here?
Gary Vaynerchuk (0:52)
I'm incredibly impressed. I landed at 1am and got to the hotel pretty late and saw about 30% of you in the lobby drinking your faces off. So to be this early, I'm impressed.
Kristin Borland (1:07)
Well, welcome everyone. We're excited to have you.
Gary Vaynerchuk (1:10)
Why don't you introduce yourself to everybody first?
Kristin Borland (1:13)
I'm Kristin Borland. I am the PR director here at Informa and Natural Products. Expos is definitely the best place to be this week, right? And there's no better keynote than this morning's keynote with Gary Vee. So, so happy to have you all here. For those of you who don't know Gary's story, can you give us a
Former Intern (Cynthia) (1:36)
little bit of a background?
Gary Vaynerchuk (1:41)
It's a classic entrepreneurial immigrant story. I was born in the Soviet Union. I came to the US when I was three. By seven, I was incredibly entrepreneurial. Lemonade stands in the summer, instead of always playing sports or games, I rang doorbells and wanted to wash cars in the winter if we got lucky enough to get a snow day, I was shoveling snow. So it was, you know, I'm sure so many of you can resonate with this. You're just, it just you're born with a lot of this stuff like this. I didn't read about business when I was 7, 8, 9. Eventually made a lot of money as a kid selling baseball cards and trading cards. Really learned how to be an entrepreneur. And market dynamics when I was 11, 12, 13, flipping sports cards. It's obviously big again now. It was very big when I was a kid and then I got lucky enough to grow up in a liquor store. And what I mean by that is when you grow up in retail, you learn really quick. And so from 14 to 34, I lived in a liquor store, which sounds funny to me. Saying it out loud. But I did. And then I just was always good at understanding where the consumer was going and the way that I'm desperate for everyone here to know what to do with live social shopping right now and with AEO and GEO executions to make sure your brand shows up. I always think about what's happening now that most people in the room are not doing. That's about to become even More important in 24 months for your growth. And for my dad's liquor store that was having a website. So I launched the first e commerce wine website in America in 1996. Email marketing. How many people here have done email marketing in their career? Just raise your hands. I just want to see. You're gonna love this, especially the youngsters. In 1997, I had about 50,000 people on a newsletter email newsletter and had 85% open rates. Google AdWords a day came out. I bought every wine term. They were 5 cents a click for the first 6 to 12 months. I know it wasn't a year, but it wasn't even 10 cents for the minimum click. So literally the day Google AdWords came out, I in a liquor store spent nine hours just playing and trying to figure out but literally owned the word wine for 7 cents a click for a couple of months. Like crazy stuff like that that culminated with YouTube coming out. Three or four months after YouTube came out, I'm like, this is it. I see something. I started a wine show that started the process of me being a creator and a public figure. And then I started deciding that I was going to invest in the companies of the future instead of using them to build my dad's business. And the first three investments I made in 2007 were Facebook, Twitter and Tumblr.
