Transcript
WEBVTT
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Welcome back to be to be growth. I'm Logan lyles with sweet fish media.
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Today I'm joined by Kevin Olansky.
He's the CMO over at higher logic.
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Kevin, welcome to the show.
Thanks a going. It's great to
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be here. Awesome, man.
Hey, Kevin, we love to get
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to know our guests a little bit, and one of the interesting things I'd
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love to hear from you have you
picked up any new hobbies or habits during
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this time of quarantine, social distancing, self isolation? Yeah, I think
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what's is all this new again.
So I actually got a bicycle which became
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I heard bikes now are the new
new toilet paper. So a lot of
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run on bikes. I was fortunate
to go to facebook marketplace and find a
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use bike online, so I'm getting
back into bicycle. I love it,
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man. Yeah, it's funny.
What has become, you know, in
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demand and in short supply. Well, beyond that, we're going to be
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talking about category creation. For regular
listeners of the show, they know that
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we've had an ongoing series here on
category creation. John Rougie has been the
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host of most of those episodes.
We've been fortunate enough to talk to folks
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who are in the trenches of category
creation and the Guy I would call they
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godfather of category creation, Christopher Lockheed, who talks about this stuff very regularly
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and has two books on the subject. Kevin, you have some experience,
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both kind of in the early days
of category creation that you're going through at
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high or logic and some previous experiences
in going through this process. Before we
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kind of get into the thick of
things in your mind, how do you
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define category creation just as a term
in general? Yeah, I mean it's
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interesting. I think the category creation
as a term is really obviously with the
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market perceds. You and your competitors
as an application kind of cohorts, right.
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So ultimately the cohort is really defined
to help solve the personas in this
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particular cases, problems. But really
the category is often define by many different
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competitors that are kind of coming together
solve the same different thing. So you
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know, for me personally, I
got a chance to see that when I
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was at blackboard, which is an
online education provider. I was there in
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one thousand nine hundred and ninety nine
and the category itself really wasn't defined.
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Now today a lot of folks know
it as an lmss, but back in
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the day we called it a course
management system and it was interesting to see
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that category grow over the last two
and twenty five years. Yes, something
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interesting you said there that I've heard
from others. You know Max Alchilar at
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outreach. She's said it's not really
a category unless there are competitors. Yes,
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you can't be the only one and
just say hey, we've got a
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category. Then then you just have
a definition of your product. Right,
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it's not really a category. So
I think that is a defining characteristic of
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a category. As we talked about
category creation, why was that something that
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was so important in the journey at
blackboard and was it intentional to go on
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that journey of category creation when you
were there? Yeah, absolutely. It
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was so important for several different reasons. One, it give a lot of
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validity to what we were doing.
There was a lot of, believe it
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or not, there was a lot
of misunderstandings in those early days in the
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late s. Many teachers, professors
of what we were doing in education thought
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we were replacing the teacher in the
classroom and a lot of the misperception was
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really what we were trying to do
is supplement the classroom and irony is with
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covid a lot of the challenge that
we're facing today. Our teachers and professors
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are in the same almost in the
same but yet different challenge, which is
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they have to teach almost fully remotely
in many different states. Is certainly what
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we're hearing about the upcoming school year. But back then it was more about
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supplementing the education to being able to
get your course information online, your Sollabus,
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your content, getting your quizzes,
and that was a lot easier than
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using things by paper. So for
us it was so deliberate to be able
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to help define it. So it
was more about supplementing education and doing things
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the more in hybrid and by having
third parties and other people validating the market
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essentially helping US build the category.
It helped better explain who we are and
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what we do. Yeah, so
that clearer definition of what we are,
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what we do and what we're not
is part of that. was that intentional
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in getting those other folks to help
you build the category? You know,
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I think a recent example gain site, you know, very intentionally put a
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flag in the ground and said customer
success. This this is the term we're
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starting to hear it, but we
are going all in on on this term
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and creating this category of customer success. Was it similar for you guys when
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you're at blackboard? Yeah, a
hundred percent. I mean, you know,
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when we started to talk to analysts
and a lot of other firms,
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we were so early in an emphathy
that they didn't, quite frankly, give
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us the time of day. So
for us it was about being able to
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eventually get that coverage from those third
party analysts helped to find again what you
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were saying, the flag in the
sand. At a time, we picked
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learning management systems, otherwise known as
lamass is. That was a little bit
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different than course management systems. I
was a little bit broader in terms of
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being able to say that we were
more of an enterprise platform and because we
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had that third party research and a
lot of other things that help build the
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category we in turn, we're able
to charge more for our platform. Right.
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So we had originally had a set
similar was it called Sass at the
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time, but we had a Sass
like model and we were charging our first
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product was only five thousand dollars a
year from major universities and then those same
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platform which we rough and you expanded
and had many acquisitions that bolted onto the
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platform. But ultimately, at the
end of the day, we wanted to,
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you know, be able to create
more value for our customers. That's
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in turn they would pay more.
That's, you know, taking us at
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you know, from a private company
privately back to a public company. So
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all of that journey, the category
creation was so critical because it gave a
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lot of alidity both for investors boards, you know, our customers, for
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them to sell into their organizations and
say, yes, we need to pay,
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you know, tens of thousands of
dollars a year for this application,
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because you know, and all of
that helped. Yeah, so, Kevin,
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we've talked about how going on the
journey of category creation helped define who
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you are, what you do,
who your serve and also what you're not,
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and it helped gain momentum as well. One of the questions I've heard
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from from marketers and leaders in the
BB spaces that, you know, category
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creation seems like maybe just a little
bit different spin on on good positioning.
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What would you say to that?
What were the differences in how you executed
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category creation, or category design,
as Christopher lockhead says, often times from
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just good messaging and positioning in the
market place. Well, I mean it's
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hard to argue that. Of course, good messaging and positioning is, you
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know, pretty critical. In fact, one of the exercises we did about
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seven, eight weeks ago, at
at our logic as we are rolling out
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a new brand and a new position
for us, was going back to the
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Jeffrey Moore Framework, which is,
you know, one of the classic exercises
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that folks do to understand the WHO, the what, and we did that
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and we in it, believed or
not. That's exercise, which was just
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classic positioning and messaging, took us
a long time. We had several of
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executives with different market inside hearing from
our customers, but to get all those
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heads in a room and agree took
several weeks and it wasn't an easy task.
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So I might, you know,
be the counterpoint here saying it is
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about good old fashioned messaging, at
least the start, at least what you
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need to do internally. And then, I think, externally it's how do
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you take that message to market?
How do you convince others, whether the
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third parties, analysts? These days
it might be GTWO crowd to be able
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to create those sections on the website
that they have to be able to get
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more people in the quadrants here.
But it's all about the validation. So
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I think it starts internally by doing
that those you know, those those classic
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examples of positioning, and then,
quite frankly, it's how aggressive are you
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on the messaging standpoint to have that
consistency and then making sure that work gets
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out there. So hope that addresses
why you're asking. Yeah, that makes
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sense and and it's really interesting your
perspective, Kevin, having gone through this
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apt blackboard and now in the early
days at your current company. What are
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some of the things, the lessons
learned from that previous experience that you're now
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applying? As you guys are right
in the thick of things, is there
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anything from from that experience that's really
informing your approach today? Yeah, absolutely.
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I think what we saw in the
early days of black board was,
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as I mentioned earlier, we call
ourselves the course management system and then eventually
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at volved to learning management systems.
But ironically, learning management systems were out
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there, but they were doing something
of a much smaller scale than the idea
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of what we had, so that
we almost had to take the category back
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and I think what we're seeing at
higher logic is what we call ourselves an
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engagement what we have is an engagement
platform and ultimately, what we believe is
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the best way to deliver engagement is
through communities and we have a set of
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communication tools. Some folks won't know
that as marketing on a nation tools.
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It's purposely designed for both association and
corporations and a big area for us to
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grow is in the community space,
certainly for for corporations. You know,
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for us we already have a great
head start in terms of our you know,
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company size. We've got close to
three thousand customers. There's, you
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know, tens of millions of users
who are using our applications every day and
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you know. So for US we're
trying to carve out what engagement platform means.
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You mentioned gain site. They're all
dedicated to customers success, which is
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incredible. We're going after also the
customer experience. So you've got customer experience,
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customers success, customers support. There's
debate right now. I believe foresters
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making a big play to say customer
experience ship own be owned by CMOS.
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I think there's some folks. Maybe
like gainsight, there should be a cut
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the chief, you know, customer
officer. So there's this race to help
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define what customer experience really means and
we're partner that. We see ourselves written
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thick of things. But you know, there's plenty of people out there trying
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to carve out this space. So
there is a race who I think,
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helped to find with, you know, essentially this customer experience, customer engagement
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category really is. So that's what
one of the things that draw threw me
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to higher logic and I'm excited to
go, you know, try to go
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fight this. Hey, everybody,
Logan with sweetish here. If you've been
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listening to the show for a while, you know we're big proponents of putting
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out original, organic content, on
Linke did, but one thing that's always
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been a struggle for a team like
ours is to easily track the reach of
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that linkedin content. That's why I
was really excited when I heard about shield
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the other day from a connection on
you guessed it, linked in. Since
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our team started using shield, I've
loved how it's let us easily track and
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analyze the performance of our linkedin content
without having to manually log it ourselves.
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It automatically creates reports and generates some
dashboards that are incredibly useful to see things
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like what content has been performing the
best and what days of the week are
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we getting the most engagement and our
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guys check out this tool if you're
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right, let's get back to the
show. Yeah, it's really interesting.
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I was just having a conversation internally
with our team about customer experience versus customer
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success. The way I look at
it is, and I think a lot
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of people fall in this camp,
but maybe not, is that customer experience
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really is looking at the entire customer
journey, from marketing sales to customer success,
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customer support and customer service, as
well as account management. You know,
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there's fuzzy lines between all of those. But when I think about customer
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experience it is that overlay and then
customer success is is a component of that,
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because there's parts of the customer journey
that customer success doesn't touch, but
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the customer is still having an experience
even before they are a customer. You
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know, side note for anybody who's
really interested in that topic. Specifically we
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produce a show. You may know
Ethan Beauty Cohost the CX series here on
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BB growth. His show over at
bombomb, the customer experience podcast, is
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dedicated to that entire topic of customer
experience and he opens up every interview with
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asking guests how did they define customer
experience? And they're definitely been some common
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things, but there are some divergent
answers. Seventy episodes or so in Kevin,
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as you look at again your experience
with blackboard and how you're taking that
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higher logic, where there are any
of those, I wish I would have
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known this or man, we really
beat our head against a wall in this
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area and then we found an open
door. Any of those fail your lessons
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that you're bringing to your team as
you guys develop your own category creation strategy.
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Now. Yeah, it's interesting.
I think back in those early days,
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and you mentioned Max is position on, you know, making sure they
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have a true number one competitor.
I mean I think if you look back
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even in the history of you know, advertisers, and you always had hurts
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versus a vis and Avis really taking
on that, hey, we're number two,
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you know, kind of contact.
I love that classic Ad Yeah,
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we are a small fish and we
embrace it. And here's why it's better
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for you right, exactly, and
I you know, to say blackboard didn't
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take off until we had that number
two. But we really at first we
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shied away maybe from having those competitors
or even blackboard acquired dozens of companies while
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I was there and in the history
of it was probably north of twenty companies
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they had provided. But it was
really when we can started to lean in
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to our number one competitor and actually
not not really call them out as being,
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you know, essentially the evil empire, right, but more of an
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embracement like hey, we're trying to
we're trying to fight this good fight together,
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right, like because we believe that
education could be better by using distance
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learning and online learning tools and and
really things started to shift when we took
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more of them, I would say, like a global community kind of feel
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to it and and made it our
customers saying hey, well, they're good
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at some things and we're good at
some things too. We believe we're the
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better choice. Here's why, here's
our care key differentiators. Rather than ignore
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the competition or rather than put them
down in a way, it's started to
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become more than embracing both from the
sales and marketing perspective, not to fully
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allow them in, but to really
just say we're doing this as part of
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the education community. Maybe, you
know, the lesson learn is because the
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education community often has that we're all
in this together type of thing where,
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you know, we're all about the
student. Shouldn't the student have the best
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experience? And that's kind of the
the mantra of what at the education,
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you know, community has. So
when we pivot it a little bit more
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to have a little bit of that, you know, hey, let's include
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everybody kind of attitude and not really
bash the competition. This isn't oracle versus
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sap, or Oracle versus, you
know, sales force. Right. This
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is more about, hey, we're
solving these problems together for the student and
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I think that was a big part
of it. So I think one thing
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I would say is, like,
if we're about customer experience and memory experience,
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at the end of the day,
we're trying to create a better,
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you know experience to make sure that
they get more out of their systems,
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their software, their association, you
know, because that's how that's so critical
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to the ways they need to connect. Yeah, that reminds me of an
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interview I heard was Singraum Vajre over
it terminus recently and in just the way
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that even in the early days of
terminus, to where they looked for competitors
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and brought them into events that they
were organizing and made it more of an
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industry conference as opposed to, you
know, a terminus event, and that
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actually lifted them up a good bit. By, you know, you're not
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necessarily bringing those competitors. I'm not
saying outreaching sales lofter are buddy buddy,
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because that's definitely not the case right, but pointing out the fact that,
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a, we're all in this together
and we're trying to solve a problem and
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the villain is not the competition but, as Donald Miller says all the time,
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to tell a good story your customer
needs to be the hero, but
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you also need to identify what is
the villain that they are trying to vanquish
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and that villain is is the problem? It's it's it's not the competition,
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and I think if you change that
it will change a lot about your messaging
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and everything that you're doing. Yeah, so it's so right to be honest.
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You know, I mentioned back on
those early days. You got to
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remember was like, you know,
blackbird was started. The idea was around
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ninety six, formally large the ninety
seven and and you know, Internet and
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computers in the class form really was
and popular are. The enemy at that
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time was was the mouse. was
literally the mouse. Teachers thought they were
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getting replaced by computers and keyboards and
mice and not the old fashioned way of
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literally teaching in front of a white
board or blackboard right. So they felt
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that was the best way. So
our enemy was that that perception of know
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this computers and internet, you have
to embrace it and, you know,
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to enable it for teaching and learning. Just it opens up so much more
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and that was our enemy back in
those early days. Yeah, so,
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that was. That was your internal
enemy, but not necessarily the enemy that
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you are painting that the customers were
fighting. They may be had a different
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villain, right of the poor student
experience or yeah, those sides are correct.
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Yeah, yeah, that makes sense. Well, Kevin, if anybody
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listening to this is thinking, okay, how do we determine if going on
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this journey of category creation is right
for us and if so, where do
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we get started? What advice would
you give to those folks on the first
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point of deciding at that fork in
the road and then, if they do
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choose the path less traveled, let's
let's say, where to start with those
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first few steps? Yeah, I
mean I think you got to look in
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where you certainly have to be happy
with you or you have to look at
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what your growth plans are. So
certainly, for higher logic, we want
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to look at what what is this
platform mean for us? And it was
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certainly we have to look both the
things that we can build in house,
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possibly looking at long term, what
acquisitions we can do and ultimately, at
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the end of the day, what
problems are we solving for our customers?
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So we have to be able to
say, you know, the world is
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changing so fast. A slight divergence
here is, you know, four or
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five months ago we were going to
trade shows and, you know, going
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crazy, and now we're not going
anything. And you know, Google just
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announced they're not going, you know, their work from home for the next
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year. Right. So does that
mean no one's going to trade shows for
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a year? How do you engage
with other with your peer set and your
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members, you know, all of
that things. So we think the best
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way to do that is certainly in
our engagement platform. That said, how
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do we create other tool sets that
we can meet the needs of our customers?
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It could be real time, it
could be sacred as a syncretius.
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That doesn't matter what it is.
You just got to figure it out.
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So I would say look at those
in word, look at revive your strategy,
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look at your core positioning and message
and and then, and then,
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I think, fright quite frankly,
get some either third party validation or research
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to alter and onto this, to
see what's already out there as we're doing
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what you know, the definition of
what we're calling, and get eat the
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platform. There are so many players
who are calling them those stuffs that but
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the categories yet to find so I
think we can get in a leadership,
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you know, get out in front
of this and help define it as as
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it's getting built. Yeah, so
for those folks who look internally and say
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there is something here, we have
competitors, we have an opportunity with category
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designed two, more clearly, put
that flag in the sand and draw a
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circle around this is what this is. Let's define it. Here's what the
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category looks like. Here the players
in the space. Here are the folks
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that maybe are be this terms being
applied to, but it's not really the
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case. As we kind of draw
the circle around it, and then you
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you have some of that healthy debate. Would you say, you know,
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the analyst relationships, starting with that
research, looking at the competitive landscape.
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What would be top of your list
for folks who say, Yep, we're
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going there and we need to start
drawing that line in the sand, but
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where do we start? Yeah,
I think you definitely have to see it
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with the third party as soon as
you possibly kind as soon as you're comfortable
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doing it. The reason why is
typically those folks move a lot slower than
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we're used to and you know,
we can put out I can put out
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a campaign and add campaign and email
campaign at the man gend campaign, whatever
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it is. I can pretty much
these days turn that out very quickly,
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right, but to build relationships with
the folks that matter, whether it's Gardner,
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the forester, the G two's of
the world. Right, a lot
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of times that takes an awful long
time to do it. They have their
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own cycles, they don't their own
research at their own methodologies, and all
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of that is extremely legitimate, including
they need the time to do the research
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to help talk to your competitors and
build that out. It was many years
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in the making before we we have
the switch from a course management system to
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a learning management system. In terms
of building out that kind or that's years
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in the making. I don't know
if that could be sped up in any
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way, but I would see the
analysts and the G two's of the world
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as fast as you can, as
soon as you are ready and know your
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core position. Yeah, that's great
advice, Kevin, for anybody listening to
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this with that would like to pick
your brain a little bit, shoot you
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a follow up question or just stay
connected with you, Linkedin or otherwise?
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What's the best way for them to
reach out or stay connected? Yeah,
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I'm both on Linkedin and twitter.
Linkedin is Kevin A landsky. Sure it'll
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be in the show notes, I
hope. How does spell my name?
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The one that guy asked on Linkedin
is just tell me you heard me on
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the BDB growth show. You know, we all get a lot of linked
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in requests and a lot of times
there's no note in there, so sometimes
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it's a little easier to know where
it came from. So that's great.
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00:22:26.819 --> 00:22:30.890
Just just reference to show and then
I'm at all landsky on twitter. I
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love it. Well, Kevin,
thank you so much for joining us on
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the show today. I'll let you
get back to your afternoon. Maybe a
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00:22:36.130 --> 00:22:38.849
good bike ride is in your future. This has been a great conversation.
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00:22:40.329 --> 00:22:45.559
Thanks, Logan. All the best. Is the decisionmaker for your product or
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00:22:45.640 --> 00:22:49.759
service a BB marketer? Are you
looking to reach those buyers through the medium
333
00:22:49.759 --> 00:22:56.960
of podcasting? Considered becoming a cohost
of BB growth? This show is consistently
334
00:22:56.000 --> 00:23:00.029
ranked as a top one hundred podcast
in the marketing category of Apple Podcasts,
335
00:23:00.309 --> 00:23:06.069
and the show gets more than a
hundred and thirtyzero downloads each month. We've
336
00:23:06.109 --> 00:23:08.990
already done the work of building the
audience, so you can focus on delivering
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00:23:10.109 --> 00:23:15.259
incredible content to our listeners. If
you're interested, email logan at sweet fish
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00:23:15.299 -->
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