Transcript
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Welcome to the bet be growth show, the human to human segment. I
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am Carlos Hidalgo, author of the
on American dream and driving demand and also
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your host for this human to humans
segment. Today I'm excited to have my
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good friend, one of the smartest
people I know in Bob Marketing, accomplished
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author, and I could go on
and on, but I'm going to let
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him fill in the blanks for us. Matthew Sweezy, thank you for joining
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us on the Bob Growth Human to
human segment. Tell us a little bit
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about who you are and then still
going to be here. Carlos, thanks
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for having me. So I am
director of market strategy at a little company
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called sales force and I focus on
the future of marketing. So I own
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that Pov for the organization. As
point of view, do a lot of
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writing and research, working with large
strategy companies as kind of a bomb park
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of what I've got going on.
And then, you know, I said,
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I write and have got that new
book coming out from Harvard Business two,
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context marketing revolution, launching on the
twenty four. Well, congratulations to
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you. I know what it is
to to write a book. It's nothing
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easy. Lots of research. I
know for this one particular, if I'm
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right, you've been working on this
for four years. Correct. Yeah,
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four years. It's a long time. Well, it is a long time,
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and especially as you talked about the
future of marketing. If I think
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about four years ago to now,
right launch, I mean the future of
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marketing, I mean it's be to
be marketing, especially has changed so rapidly
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consumer marketing. I mean four years
ago we're we even talking about things like
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ai and machine learning. I think
if you were, people are kind of
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giving you the suspect look. So
I love the book. I love the
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context marketing revolution. You and I
have spoken about this off air and multiple
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times. So give us kind of
give me an overview of what what is
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the book? When you say context
marketing revolution, and then I am curious,
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like how did you keep up with
the future of marketing over four years?
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Yes, so let's at the first
one. So what is the context
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marketing revolution? So we talked about
change, and changes is rapid, but
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I think one of the big things
that we've missed is we see change in
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an innerative stance. Right, we
see, how does this ai essentially improve
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the things that I've been doing before. How does this new technology improve the
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things I've been doing? And in
all of those scenarios we leave the underlying
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question of what was I doing alone, and don't question is that even the
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right thing to be doing moving forward. And so that's really kind of the
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underpinning of this entire book, is
proving out that we entered a new media
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era and in that media era,
essentially the new foundation is context. All
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digital channel also operate for contacts.
The consumers demand that we do meet them
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in context. And then that shifts
exactly what the definition, role and function
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of marketing then must be. And
then that research that we've done so over
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the past, so this will be
the fifth year we've run the state of
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marketing research reporting and total it's about
Twentyzero brilliants across every port. Great report,
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by the way. Thank you.
What we found is the number one
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key trait of high performing marketing organizations
is executive buy into a new idea of
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marketing by and that aligns exactly with
what we're talking about. That's for the
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word revolution comes in, because this
isn't just a new marketing idea and saying
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how do we apply context to my
old idea of marketing. It Says No,
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we operating a new media environment and
that affects all things. That means
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we have to have a new concept
of how we reach the consumer, because
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the consumer operates in different ways and
demands different things. And then this is
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not a simple iteration of old ideas. This is a revolutionary new concept for
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a new period of time. So
that's just kind of a ballpark. You
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know, of what the books about
and then dives into you know, how
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do you create context in any given
moment, how you transform this idea of
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marketing inside your organization? Just really
kind of what it's about. So I'm
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going to pause there and then we
can go back to the other question.
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Yeah, we'll get to the other
question here in a minute, but I
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wrote something down here because I love
the fact that you use the word context
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and if and I've been one who's
promoted this idea, especially with content,
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and you talk about the fact that
all of us now our content creators and
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if you have a lengthdin profile,
you can create content on a daytoday basis,
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if not power by our and I've
talked to and I've used the word
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and a lot of people use the
word relevant. So in your mind and
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then your research. Is there a
difference between context and relevance? Yes,
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major difference. So let's define context
really quickly. Some contexts, and this
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idea has been around for a while. If you Google context marketing, will
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find articles from like two thousand and
twelve, which essentially our programmatic advertising,
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you know, place as essentially,
you know let's used to have that.
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We know to put the right message
in front of the right person at the
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right time. That's essentially an iteration
on things that we've always known and thought
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we're good right. Let's just make
sure that we have better hyperpersonalization of our
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messages. The fundamental aspect of that
is if you apply relevancy to that,
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it's still an iteration. It still
says all we need to do is be
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more relevant in our messaging and that's
what will drive more demand for our product.
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And the reality is that's the revolutionary
part is marketing must transcend from the
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department that creates messages to the owners
and sustainers of all experiences across the customer
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journey. That's a revolutionary concept,
right. That moves marketing out of a
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siloid department, that makes them a
part of everyone's job. We end up
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with distributed marketing across the organization,
with citizen marketers, and we start looking
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at the future. So context is
essentially helping a person achieve their goal.
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At the mole it relevancy is how
do I take a message and make it
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relevant to an individual, where context
is how do I understand their problem and
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helps them solve it. Yeah,
I like that. I like that differentiation
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a lot. So you said something
that talking about the experience across the journey.
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I'm a bit Tob Marketer for pretty
much my entire adult life. Over
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the last number of years I've put
a lot of my time and energy into
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this idea of experience. I do
agree that marketing is in the prime position
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to own that experience, but I'll
tell you what I see in organizations when
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I talk to CMOS, as they
say, yeah, we've been tasked with
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this, but we've not really been
given the authority to impact other parts of
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the organization. So what do you
say to somebody who's seeing that and saying
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customer experience starts long before someone buys
something and it impacts brand and impacts audience
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engagement all the way through to product
delivery to customer advocacy, but I only
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own a portion of that. What
is that marketer to do? Well,
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first off, they two haven't solved
the number one problem yet. Write.
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The number one problem is executive buy
into a new idea of marketing. When
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the chief experience, the chief executive
off their CEO, understands that, they
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understand the basic, you know line
we've always understood from business. If it's
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not measured, it can't be managed
or improved. If customer experience is not
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it under a central executive. You
can call that the chief experience officer,
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you can call that the chief growth
officer, doesn't matter. Their role is
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to essentially sit on top of all
Pilo departments across the organization and ensure that
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every experience is consistent and connected in
contextual and if you don't have that executive
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then you find yourselves in these problems
where how is one executive of one silo
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branch going to influence another executive of
another branch? They have different goals,
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they have different measures, and so
until we elevate experience to a new executive
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position and put it over all of
what we would call traditional silos marketing,
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product, service support, it's not
going to happen. Yeah, I agree
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with that. Here's the RUB now, I'm not trying to play devil's advocates,
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but now my head is filled with
all the discussions I've had over the
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last number of years. So many
executive still, and I'm just going to
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say CEOS, CFOS and even partly
see ours, chief revenue officers, have
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this old, dated, dare I
say Madmen, view of marketing. How
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hard? How hard is it?
I've given you this money. How come
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you know, a quarter later,
or even thirty days later, our pipelines
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not just flooded. So how does
a marketer what steps, in your mind,
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or maybe your research showed this,
should a marketer take to truly start
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to educate and move us from a
are a executive ignorance to executive enlightenment?
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I mean, that's one of the
cool reasons of why I wrote this book
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marketers. It's not that we don't
know that this is the way forward.
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Most of us have a pretty solid
understanding that this is the way forward right,
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but there's a major problem that we
all face, and that's the simple
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theory that it's very difficult to be
a profit in your own land. It's
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very difficult to try to change the
underlying organizational structure and go to market strategy
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of your organization. Right. When
executives change that, it usually comes from
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exterior factors. They usually paid some
consultant a massive amount of money and now
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have a high level of investment in
this new theory, or they've seen it
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play out from their other business partners
or colleagues have told them this is what's
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going on, this is how we've
done this. Internal change at this level
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is very difficult. Hints why I
wrote this book to help give you that
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third party validation and provide that research. And there's also another book that you
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should definitely make sure your executives read, and that's called the experience economy.
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So I think those two books and
combination would be very impactful and helping your
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executive see kind of what they need
to be thinking about, why experience is
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the highest economic output your firm can
produce and then exactly tactically how to put
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that in place with the context marking
revolution. Yeah, I love that and
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I love that you're that is really
the goal or the driver behind the book,
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because it is something and you you
just set at the profit is without
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honor and their own land. I
go back to when I started my first
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agency. cofounded my first agency.
My first client was actually the company that
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I had just left and they hired
me as a consultant and I started to
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laugh. I was like, you
guys didn't listen to me when I was
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here, but now that I'm consultant
you want me to come in and help
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solve your problem. So you're exactly
right. I'm so so back to some
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of what the descriptor on the book, which, by the way, you
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can get on Amazon or Barnes and
noble or and if you're in these stores
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and it's in preorder now, highly
suggest you go and get it because it's
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a fantastic book and, as I
said, from from one of the smartest
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guys I've ever encountered and the opportunity
that I'm matthew. I think we've known
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each other for almost half a decade
at least. But you know, you
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talk about standing out from the noise
and we are inundated with media and messages
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and emails and everything else. So
if I'm a company that's saying hey,
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my executives have bought in, the
experience economy is rule number one. That's
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the way we're going to grow,
and I only grow, but but sustain
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how do you then say, all
right, I'm going to build this,
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and then what is the key to
not just breaking through the noise but staying
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above the noise? I can't believe
it's a if you build it, they
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will come. Yes, let's store
with number one and let's talk about noise,
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right. So that was one of
the big key factors of this book,
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was redefining what noise is, because
most brands still assume that noise is
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from their competitors and then all they
need is better messaging to stand out.
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And the reality is, I was
able to prove and I said we entered
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a new media era. It's the
first time in the history of the world
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that consumers are now the largest creators
of noise in the market place. It's
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coming from a different player, it
operates in a radically different way and well
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as the number two largest creator of
noise is actually our connected devices. Right,
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think about the notification you're going to
get on your phone that says you
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need to have it, that you've
got a meeting coming up while you're listening
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to this, or your fit bit
to get you to take ten more steps.
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Right, personal media feeds from devices
are one of the most motivational forms
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of media to ever exist. Just
think about the basic fact of it,
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that getting you to take five hundred
more steps in a day. There is
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no messaging campaign on the face of
the earth that is ever been that effective.
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Right. So we must first off
understand noise is different. Once we
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understand that's different, we then see
the new creative lens as contact, as
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helping people accomplish their goal at hand, and then by doing that we break
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through. But now the next part
comes into, saying how do we then
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make sure it's connected and consistent?
And that's really where we get into this
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idea that we must realize that consumers
operate in different ways. Give any different
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environments. Right. Anything consideration is
now highly considered. Right, simple things
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like toothbrushes. So the search term
for best to the brush crows in a
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hundred percent. You were over a
year and that journey lasts seventy seconds and
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goes across four websites. Right.
This idea that, you know, to
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break through we and to motivate,
we could just have one single thing be
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so good. To your point,
right, the idea that the madman era.
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We can have one campaign so well, it's going to fill our pipeline.
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The reality is it's lots of tiny
moments that are connected together, right,
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and it's we must own share of
journey. By owning share of journey,
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we didn't drive and increase demand.
And it's understanding what that journey is
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and making sure it's connected in consistent
it's really kind of the crux of how
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we then motivate modern buyers to buy
more. Yeah, so thanks for that
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explanation. I think your spot on. So what is the impact internally to
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a brand or to an organization?
Because what you just described as far more,
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whether it's a consumer setting or a
bit of beast setting, that impacts
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far more than just marketing. I
mean that's that's a major organizational chift.
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Am I wrong? No, you're
totally correct this. Let's break this down
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into too, two real big things. One is this means when we talk
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about revolution, this is one of
the revolutionary ideas, is that marketing no
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longer is something that you create inside
your organization and force out to the world.
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It's something that you cocreate with your
market place. Right, and just
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think about that one basic concept.
Right, you're no longer sitting in a
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room saying how creative can we be
in a brainstorming session? Instead, your
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first step is saying, who is
our market in this this moment? What
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are they thinking, feeling and doing, and how do we create an experience
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to help them in that moment?
And then to do that, you didn't
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work with the market place to actually
create that moment. And then look at
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any major word we're hearing in the
marketing sphere and then think about it.
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Right, influence from marketing, advocacy, marketing, right, all of these
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ideas are human to human efforts.
Right. We need to be able to
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connect humans together, and I think
that's one of the major pieces of this
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book is saying what is the highest
level of direct marketing in this infinite media
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era, in this post attention world? Well, it's not distribution of content.
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That was the highest form of value
in a mass media world. In
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an infant media world where consumers the
largest creators of noise and everyone is instantly
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connective. We've got more connections now
than ever before. Right, in fact,
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thirty times more mobile connections than in
two thousand and seven right. So
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just think about that. The highest
thing that we can be doing is connecting
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others together. It's same theory,
word of mouth. It just takes place
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in a radically different way in the
modern era. Oh a hundred percent.
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So you just you just hit on
something which I'm very passionate and about,
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is that human connection. I think
consumer brands are starting to get it.
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I'm thinking of the apple commercial that
ran around the holidays of the the grand
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daughters who made the video for their
their grandfather about his wife who had passed,
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and it was so moving, it
was so touching and you're like wow,
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they they just brought such a sentimental, beautiful story around an IPAD and
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how easy it is. Right.
So consumers, yes, are are getting
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there. beat at being. Let's
take that idea and lets it. Let's
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just spend even further and sure be
to be right. It works for be
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to be as well. Right.
Employee advocacy is a simple, easy theory
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that any brand must put in place
right, just because you do the basic
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math right, less than one percent
organic reed for any brand. Essentially,
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a be to be brand with five
people who engage from their brand and human,
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human ways can surpass any other be
to be brand on social media,
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with an average following a Fiftyzero,
which is the average B tob size for
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social audiences, to thousand people less. Takes five people interacting in the human
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to human way, right. And
so we start thinking about all the different
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ways that we can do this and
how we can accomplish these things, and
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it solves major problems. Right,
when you think about human to human and
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different ways. Right, think about
how do we create enough content to stay
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relevant in the modern market place?
Right, it's be to be problem just
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as much as it's a B Toc
problem. Just go to Linkedin. There's
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so much content there you're never going
to see a fraction of it. So
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what brands are going to have to
do is they're going to have to move
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to a fast advertising model or a
fast content model, where the reality is
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that consumer expectations of content are now
set by the largest creators. Hence people,
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and people create so much content on
a regular basis. We can't simply
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say, let's create one advertising campaign
and play it out for two months.
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Right. We're going to have to
find new ways to create enough content to
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fill that momentary need, and that
means relying on our audience to help create
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content for us. Right. You
can look at Cocacola. Eighty percent of
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their content is co created. Right, Daniel Wellington to start up watch brand.
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Ninety nine point five percent of all
content about them is co created,
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you know. So we can start
thinking about content these new ways, right,
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and we start talking about bet to
be scenarios. We start talking about
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context, making you really easy.
Example, about context and how this works
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in the power for a brand.
Right. So it sales force. We
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created the trailhead community. Right,
it's the trailblazer network. Of those are
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our customers. Anyone in our ecosystem
can join this community. And as two
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aspects of this community. One is
is a community where people can ask and
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answer questions. Now, why this
is important, how this is really contextual
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to these people, is they want
to build a personal brand. Right,
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people want to build a personal brand, they want to improve their careers.
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Well, by creating this community and
letting people interact with each other and answer
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their own questions and help build their
own personal brands, one quarter of all
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people in the community have found a
new job. On the other aspect is
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education. So we've created courses in
a badging system. Right, fourteen million
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badges have been completed. Right,
people have changed their linkedin job titles to
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their status inside of this community.
And then when we also find is that
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customers that join this community, that
engage in these educational programs and that engage
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in helping other people out, they
spend twice as much with us and stay
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custom verse four times as Long.
So we talked about these traditional ideas of
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marking, of they're supposed to grow
the brand, which recently think how can
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I make something so amazing it puts
more people into my pipeline, rather than
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saying, how do I look at
gross as a holistic measure and how do
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we apply this idea of context and
experiences to the customer journey? And we
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grow by that way right, and
we can see, you know, it
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impacts growth and major ways anywhere along
the journey in for B tob brands as
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well. We're definitely a Beau to
be brand. Yeah, I love the
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idea of using your consumers and I
was fortunate enough I got a put a
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post out on Monday. Obviously now
and we're recording this here on March eighteen,
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so we're in the middle of corona
lockdown. I put a post on
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linkedin about some tips of working from
home and I've received two messages from colleagues
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saying Hey, thank you for that. We distributed that among our entire employee
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base. It was very helpful and
at I was super honored by that.
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I just put it out as a
kind of a let's be a good citizen
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of this community that we're all on. But I love the fact that you're
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saying, Hey, we don't have
to create all that content. And what
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are the I agree, and I
think to be able to use the voice
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of the customer to use that content. So my big question is, why
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in hell are be to be brands
not doing this? Well, it's change,
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right, and the simple answer is
changes difficult and hard. And then
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the other easy answer is a lot
of brands that are new are operating in
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these models right. Most brands are
going to have to evolve from where they
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were to where they are and that's
a major shift. It's going to take
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a rethinking at that the executive level. Right new strategy, new organizational discipline,
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new ways of working. This is
we're going to acquire agile ways of
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working, which most organizations either one, don't understand asile methodologies or two don't
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or not set up in actual structure. They're set up in a traditional hierarchy
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with the you know, executives and
underlings and underlings into them. You know,
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it's a lot of major change going
on at the same time. So
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this's the simple answers to why it's
difficult. But when we look at new
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companies that are starting up right now
and comparing them with others, they're operating
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in radically different ways and they're easily
winning when we compare, you know,
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how these methods applied and how are
they, you know, doing compared to
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other brands in the similar sense.
Yeah, I like to see in some
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of these these upstart brands saying we're
going to do this a new way and
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put some of the more staid,
you know, older, more traditional brands
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on their heels. So if I'm
a marketer in one of these older brands
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and I'm listening to this podcast,
I'm hooked, I've got the book and
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I'm like look, I'm ready to
do this is is this a matter of
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run to your executive or is this
a matter of better to ask forgiveness and
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than permission and just start doing these
things the new way and try to bring
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both sides to to the met all
where you're educating your executive. At the
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same time you're like luck, I'm
just going to go I'm in charge of
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content for this brand, I'm going
to go do it the new way.
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I mean, what would you advise
that boss? You have to do both.
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One is you have to work and
get them to buy in any executive
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level. Right, that's either depending
on how easy your executives are to change.
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That's either one going to happen or
it's not going to happen, but
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you need to try. The second
is you can implement a lot of these
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theories and ideas without any executive approval. Right. The executive approval is for
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organizational change, budgetary change, new
oversight, over all experiences. But it
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doesn't mean you can't start operating an
agile methodologies now to create more content.
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Doesn't mean you can start creating a
community. You probably already have the directive
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to create a community, but now
start thinking about that community in different ways.
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Right. How do we leverage them
to help create enough content for us?
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How do we leverage them to do
things? Here's a great example.
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Right. There's a brand called Aquia
and they found that there's a question post
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to Cora Court. We all know
core of the question and answer site.
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Rather than the brand answering the question, they reached out to their advocates and
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then their advocates answer the question.
Now there's twenty answers and now that ranks
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SEO right. So now it's the
number one result found and the answer is
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in context because it comes from other
people, not the brand, right.
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So just start thinking about these things
in different ways of how do we work
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with our audience? Now, how
do we work on our audience? And
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you can start implement these in little
ways and then you can start to bubble
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00:23:29.329 --> 00:23:32.130
that up and maybe these two things
meet in the middle. Yeah, you
340
00:23:32.210 --> 00:23:34.529
know, we could probably go for
another half an hour at least. Clearly
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you have your passionate about it,
which I love. There's been so much
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00:23:40.130 --> 00:23:44.920
I've literally taken over a page of
notes. So it's it's fat. You
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00:23:44.960 --> 00:23:48.799
have a book. That's right,
that's right. Hey. So, as
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00:23:48.880 --> 00:23:52.279
I say, we could probably go
for another half an hour. Unfortunately we
345
00:23:52.319 --> 00:23:53.960
don't have that time, but let
me let me ask you this. So,
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first of all, the book is
going to be released when March twenty
347
00:23:57.710 --> 00:24:02.789
four, okay, and then they
can find it on Amazon. There's the
348
00:24:03.269 --> 00:24:06.230
is there an audio version yet,
or is it just hardcover candle at this
349
00:24:06.309 --> 00:24:11.259
point? Hardcover Candle. The audio
version is on its way and sadly it's
350
00:24:11.299 --> 00:24:14.019
not my voice. They hired some
ringer to do it. I mean,
351
00:24:14.059 --> 00:24:18.019
that's how Harvard operates. So sorry, guys. Yeah, I'm going to
352
00:24:18.099 --> 00:24:22.339
write a strongly worded a letter about
that because I think. I think it
353
00:24:22.500 --> 00:24:25.410
the author, especially with you.
You've got a great radio Voice. But
354
00:24:25.970 --> 00:24:30.130
you know, I'll let the Harvard
guys do what they think abouts. Hey,
355
00:24:30.289 --> 00:24:33.329
so, in addition to the book, where can people find out more
356
00:24:33.410 --> 00:24:36.250
about you? How can they engage
with you? Give us some of your
357
00:24:36.609 --> 00:24:40.920
your social handles. Yes, it's
M sweezy, which, if you read
358
00:24:40.960 --> 00:24:44.200
a real fast is miss wheezy,
and that's me on twitter. Yeah,
359
00:24:44.200 --> 00:24:48.799
I made that mistake. Found out
later on and then on Linkedin it's just
360
00:24:48.119 --> 00:24:52.109
matthew sweezy with one tea, Mat's
with one tea, and that's where I
361
00:24:52.150 --> 00:24:55.789
post most of my content, most
of my updates. So if you needed
362
00:24:55.829 --> 00:24:57.990
to keep up, wanted to catch
up with Kn of what the future looks
363
00:24:57.990 --> 00:25:02.230
like and when I'm researching, that's
where you can go. Great. Well,
364
00:25:02.230 --> 00:25:04.670
Matthew. Thanks so much. Seriously, every time we talk it's enjoyable
365
00:25:04.789 --> 00:25:08.819
Ray. Time we talk about marketing
I definitely learn something new. So thank
366
00:25:08.859 --> 00:25:11.779
you for that. And for those
who are listening, go out and get
367
00:25:11.900 --> 00:25:17.299
the context marketing revolution. Actually buy
one for yourself and then buy one for
368
00:25:17.380 --> 00:25:22.250
your executives, because you will learn
a ton and you will educate your executives
369
00:25:22.329 --> 00:25:27.089
and you could very well be that
change age that moves your organization from the
370
00:25:27.210 --> 00:25:33.009
Madman traditional era to the new era
of context marketing. Thanks so much for
371
00:25:33.170 --> 00:25:37.839
taking the time and for being a
part of the B tob grows show.
372
00:25:37.119 --> 00:25:41.079
Thanks for having me, Carlos.
Great well, that is a wrap for
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00:25:41.519 --> 00:25:45.559
this episode of the B to be
growth human to humans segment. On again,
374
00:25:45.680 --> 00:25:49.750
thank Matthew and thank you all for
listening. Have a great day and
375
00:25:49.990 --> 00:25:57.309
stay safe. I hate it when
podcasts incessantly ask their listeners for reviews,
376
00:25:57.589 --> 00:26:02.190
but I get why they do it, because reviews are enormously helpful when you're
377
00:26:02.230 --> 00:26:04.140
trying to grow a podcast audience.
So here's what we decided to do.
378
00:26:04.579 --> 00:26:07.619
If you leave a review for me, to be growth in apple podcasts and
379
00:26:07.819 --> 00:26:12.220
email me a screenshot of the review
to James at Sweet Fish Mediacom, I'll
380
00:26:12.259 --> 00:26:15.779
send you a signed copy of my
new book. Content based networking. How
381
00:26:15.819 --> 00:26:19.009
to instantly connect with anyone you want
to know. We get a review,
382
00:26:19.049 --> 00:26:22.170
you get a free book. We
both win.