The movie Rounders, starring Matt Damon and Edward Norton, is one of my favourite movies. It’s a great poker movie, but it also offers an interesting lesson in marketing.
I won’t go into the plot in detail, but ultimately it’s about savant poker player Mike McDermott (Matt) who gambles big, loses and then spends the rest of the movie trying to earn back his money in an attempt to save his criminally minded friend and build a bankroll big enough for a seat at the World Series of Poker (whew that was a nice run on sentence).
One character in the movie I admire is Knish (played by John Turturro), who is Matt’s mentor. Knish is an old pro on the circuit. He shows up to every poker game putting in his time, grinding out a little profit one hand at a time. He never makes huge gambles, but he makes a solid living for himself and his family. To Knish, Mike’s gambling approach to cards is just about ego and pride.
The characters of Mike and Knish remind me of two different types of marketers: The Grinder (Knish) and The Gambler (Mike).
The Gambler is all about the big splash. The gamble. They gravitate towards the public relations stunt. They are willing to take huge risks. Their default plan is the proverbial ‘ad on the Superbowl’.
The Gambler usually doesn’t have a written marketing plan. He usually has no lead capturing process. No system in place for measurement. No capacity for true customer engagement. No audience profiles. to him it’s all about the ‘fun of marketing’. It’s all sizzle but little steak.
The Grinder is a different character. He often has a well-constructed marketing plan. He thrives on systems. He’s as much a data nerd as an artist. He loves systematic customer engagement. To him it’s all about making profit for his organization or client and little to do with ego.
I understand the allure of the Gambler, you can’t always play it safe. Most marketers have a short time to prove results, or they face walking the plank. But, the problem with gambling is if bet and lose you are often left without any capacity to continue.
Both gambling and grinding have a place in marketing, but a better approach is to invest some time in grinding. Get your bankroll built up enough so you can afford to place a high risk bet or two. If you lose the hand at least you can live to fight another day.





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