Transcript
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Conversations from the front lines of marketing. This is B two B Growth.
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Hello and welcome into B two be
Growth. I'm your host, Benji Block,
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and today I have Jeff Beastman with
me cmo over at National Debt Relief
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and Reach Financial, and Jeff,
thanks for coming on the show. Hey,
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Benji, it's great to be here, great to be recording this with
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you, and excited to get going. Yes, I know. I'll just
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give you a peek behind the curtain
real quick for things that have been happening
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on B two B Growth. So
I've been the host for like the last
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twelve months or so, and I
can't tell you, Jeff, how many
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times I've ended up in conversations where
B two B and B two C end
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up compared and contrasted, and uh, you know, here's the similarities.
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Here's things we should maybe especially for
us on the B two B side,
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like take from B to C and
you and I in our pre call sort
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of ended up in one of those
conversations. So I kind of want to
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go there a little bit today because
you've spent time in both worlds, So
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talk to us a little bit about
that, maybe give us some context for
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the work you've done on in both
B two B and B two C and
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how that has informed you as a
CMO. Yeah. Absolutely, So A
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quick little story to sort of set
context. Um. The first I don't
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know, like twenty years in my
career or something like that. Boy,
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I'm dating myself, But the first
part of my career was all like D
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two see, you know, big
big brands across the wide variety of industries.
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And I had an opportunity to go
to work for a company called Hype,
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which used to be the Yellow Pages, and that was a two sided
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marketplace, consumer and business, and
most of the revenue comes from the B
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two B side. And as I
was thinking through the role, it's just
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like dawned on me that you know, there's this pyramid of the SMB to
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enterprise marketplace, but it's dominated by
mostly small and micro businesses. Right,
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That's like what scent depending on the
stats, and most of those people my
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thesis and I think it's been validated
many many times. They behave like consumers.
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If you think about the solo preneurs, the single shingle, I'm the
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only employer. I have four people
that work for me. Is like part
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kind of contractors. They may have
an LC, they may not, doesn't
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matter. But what matters is they're
making decisions the way they make decisions,
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purchase decisions in just about every other
part of their life, like a consumer
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with air consumers. Right, So
there's this fallacy that there's this big gap
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or divide it in terms of like
how you approach somebody that's a consumer and
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somebody that's a business owner. They
don't switch hats and their brain doesn't necessarily
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switch. And I'll explain that in
a minute, in terms of how they
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process information and make decisions. So
for me, they may be slightly asymmetrical,
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but there's a lot of overlap in
what you know, a day TAC
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or a director consumer marketer can bring
to be to be and there's a lot
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that a B two B marketer can
learn by looking over at what great director
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consumer brands are doing. Yeah,
so we'll dive into that deeper over the
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next several minutes, but I wonder
at a base level for you, maybe
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could you unify our definition when you
say like emotional marketing, what does that
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mean to Jeff? What are you
imagining in your mind when you hear emotional
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marketing? Let me start with this. I love I'm in Sinek and I
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love the Ted talk he did on
why, and I mean it just it
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just hits me. I watch it
like every now and then and I'm like,
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oh my gosh. And there's a
part of when he sets up the
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Golden circle, what the how and
the why and why the why is what
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you've got to focus on, and
everybody focuses on the what or the how
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instead, which is very like and
this and a septic or clinical kind of
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like feature driven. You know,
our product is better because blah blah blah
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blah blah. The primitive part of
our brain, which I believe is the
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limbic part, is the part of
our brain that doesn't understand language, but
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it makes every decision that governs what
we do, and it is driven off
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of emotion. So like, I
work in financial services, and it's really
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ironic because it's just dawned on me
that money isn't doesn't feel super emotional,
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right. It's kind of like people
don't get into finance because they're go into
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an entertainment or something that's kind of
emotionally like resting in for them. But
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very decision that we make, including
ones that have to do with finances are
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emotionally driven. Period. That's the
part of the brain that makes that decision.
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You try to rationalize it with the
other party of brain, the neo
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cortex, but that limbic part of
the brain is what does it all So
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to me, it's tapping into that
and you don't tap into it with the
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water that how it's the why you've
got to get people to care. You've
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got to get you've got to motivate
them. And emotional marketing is all about
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understanding those psychological motivators and what is
driving somebody to make a decision. And
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not to get too nerdy, but
there's actually seven of them, and you
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know, knowing those levers and how
to pull them and when to pull hold
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them and in what proportion is everything
And so that's what we're talking about when
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we're talking about emotional marketing. You're
saying seven levels of essentially that you could
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pull in emotional marketing. There's things
like flattery, exclusivity, uh, fear
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is obviously one of them's salvation.
Each one of those are the things that
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you know, if they resonate or
they hit the cord, they hit that
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inner part of that brain, that
primitive brain, and that's what gets you
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to act. And you may rationalize
it, but it's the fear, it's
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the exclusivity, it's the flattery,
the self, whatever it is that's literally
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driving that decision. And so your
ability to understand that and articulate it instead
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of just talking about my product is
better than their product because it's cheaper or
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faster or whatever, is not going
to get it done. So you have
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to go deeper and begin to integrate
that into how you got to market.
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I think that's part of where an
undrum kind of confounds larger B two B
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companies because, like what you said, I've been in situations selling situations,
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not even on the marketing side where
it was me maybe cold calling, in
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in a sales situation where it was
basically me just getting to talk to the
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decision maker in a B two B
environment and it was emotional and they could
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make the decision and they did have
the budget and it was just like okay,
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sweet, sign me up for the
demo or stop talking to me right
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like they just gave me their answer
right there, Jeff. But once you
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get into the bigger B two B
buying environments, that's where things get complicated
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because you're unsure oftentimes how do we
bring in emotional marketing when there's things like
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a buying committee or the weight of
the decision and the price in and of
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itself is much larger. So you're
like, oh, maybe I need to
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appeal more to statistics and the how
you know, and the what What would
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you say to those larger, maybe
enterprise type marketers listening right now, who
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are going I want to bring emotional
marketing in because I know it's still people
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that I'm talking to, but it
just seems more complicated. Yeah, I
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get it, And and that's a
that's a valid point, Benji. And
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here's a couple of First of all, validate what you said. The majority
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of the B two B marketplaces is
the bottom right, obviously, and that's
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where the masses live, and so
you're dealing usually with the single decision maker.
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Sometimes it could be like a law
practice with four lawyers and you've got
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to get all four on the same
page. And that resembles a little bit
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more of what you see on the
enterprise side. But there's gate keepers,
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there's influencers, and there's decision makers
and all of that stuff. I haven't
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spent a lot of my career on
the enterprise side. However, I've been
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on the other side of that.
I've been the recipient of marketing and sales
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pitches and you have to put yourself
and this is my best advice for somebody
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that's operating at an enterprise level.
Put yourself in the shoes of all of
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those people, and what are their
objectives? Some of them, I hate
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to say it, maybe not to
get fired, right, And so there's
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risk in if you're a Challenger Software, right, and you're like, we're
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better than Brand Acts, which is
your incumbent. We can do X,
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Y and Z, and we're gonna
save your time, we're gonna save you
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money. What's the risk or what's
the downside to that person? And how
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to how do I leverage that in
my marketing and my sales pitch to assuage
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them or alleviate that concern because you've
got a lot of that complexity. You
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know, it's still emotional, right, It's still an emotional thing. I
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may be looking at that and saying
this all sounds great, but I have
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far more risk in, you know, going with you Challenger Brand than just
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sticking here because I'm not going to
get fired for that, right, And
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I'm going to kind of put it
keep pushing. And I know that sounds
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really really sad and depressing, but
that's what you're dealing with. So it's
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sort of a different game, but
it's the same idea. It's emotion,
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right, it's emotional, it's fear, it's uncertainty. It's like, I
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don't know, there's too much risk, and I'm just using one example.
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So that's that's how I would apply
emotional marketing sort of reverse engineer. Yeah,
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I think it's so important because you
can turn the emotion out of it
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just because you know you're trying to
appeal to a buying committee. Yet at
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the same time, if you were
to just do the extra work of what
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you're saying, put yourself in their
shoes and think about what their common objections
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are or the mind games that they're
going to be having about making a bigger
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decision like this, and you can
speak directly to those. There is a
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way to infuse emotion into it,
but I do I mean, just look
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on LinkedIn at the amount of people
are advocating for emotional marketing and B two
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B. Now, clearly we were
absent of it for a long time,
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and people are like, oh crap, I need to somehow get emotion back
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into the buying committee and into these
situations where like I am. You know,
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it's the whole talking to humans thing
that is everywhere on on LinkedIn as
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well, So I'm invited to that. Let's talk about some stories from your
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career, Jeff, where you can
maybe showcase the importance of doing emotional marketing.
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Right, What are some specific moments
where you've seen emotional marketing play itself
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out? Do you have any stories
there? Yeah, I absolutely do.
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And one of them is like this
transformation that I've instrumented several times be to
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be an and direct to consumer away
from flood based marketing and or tour and
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flood meeting for for those of you
that may not have heard that acronym clear
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uncertainty in doubt, which that big
psychological motivators. And they work. But
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here's what they work against. They
work against people that are desperate. I
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kind of called them the ledge jumpers. They're right at the edge of the
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ledge and all you've gotta do is
scare them, right, create a little
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bit of fear, make them feel
exposed, and man, you know,
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they're like, where do I sign
up? But that's a highly transactional approach,
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in my opinion, to pulling on
the right emotional levers. There's a
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much larger audience. In my opinion, I've seen this time and time again
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that don't go for that, right. They're more sophisticated, they have a
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greater sensibility, they're more regulated in
their approach, and so a couple of
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times I've transformed our marketing approach,
our positioning, even our our language vehicles
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away from being just very transactionally flood
driven, which by the way, isn't
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great for your brand anyway, to
focusing on things like hope, aspiration,
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salvation, etcetera, etcetera. We
just recently had Breen Murphy on the show,
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and we we actually talked through a
few of your You're overlapping with it
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perfectly right now, Jeff, because
he brought up specifically the achievement you know,
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at the end of that hero's journey, where it's like that is enticing
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specifically more than what you just said, right, more than the fund type
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stuff that gives people like an aspirational
endpoint. I credit this paradigon a while
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ago when I was working at B
two B that was designed to persuade a
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the I wire to move from the
I Y to do it for me,
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do it with me, and some
degree you've got to take them through a
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little bit of that fear and that
emotional value. I called it. It's
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kind of like the bottom of your
articulation of why you want somebody to adopt
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service is by telling them that the
I Y is really easy, and in
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the process of telling them how easy
it is, actually explaining to them without
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words how difficult it is and how
it's going to really disrupt their lives and
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be too complex and everything like that. So you do and use a little
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bit of fear to get them to
understand that the other side your solution is
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salvation, right, And it's almost
like letting him experience a little bit of
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that pain or feel what that pain
might feel like without doing it to get
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into the other side, which is
all about the high point or the hero's
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journey, if that makes sense.
So I found that worked incredibly well to
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motivate a d I wire to adopt
a service. Yeah, totally, Okay,
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So let's start trying to make this
applicable for the person's listening while they're
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let's say, out for a run
doing the dishes. They're in a B
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two B situation where like, okay, we need to start infusing emotion into
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our marketing to a greater degree.
What are some of the ways we could
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do this better quickly, Jeff for
marketing teams listening to this, Well,
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the first thing I would do is
I would go out and brush up on
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a few things. And I know
this is going to sound It sounds like,
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you know, the create What we're
talking about is the creative side of
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marketing, right, not the quantitative
side. But there's science behind it,
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as I was mentioning earlier Simons and
Acton at ted talk. So go look
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at what you know, starting with
the why and what that looks like.
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It's going to be different for each
of you and whatever product or service you're
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selling. But start there. The
other things that I would absolutely rush up
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on up you already know it,
or really deep dive into our those psychological
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motivators and how to apply them.
Like I said, there are seven of
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them. Do a simple Google search, understand them, look for applications.
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By the way, if you're hiring
a copywriter, that's a great question to
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ask them or any kind of content
person is do you understand them? How
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do you use them? Because it's
vital. And then the last thing this
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is gonna sound maybe even weirder,
but it's not just about words. It's
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also a visual design and there is
a whole world of color theory that really
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good designers use. And there are
actually certain colors that will evoke an emotion
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depending on what it is. Like
red is an example, resin alarm color.
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Red is an anxiety invoking color.
A lot of people use a lot
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of red uh in certain places,
and it's good, but you've got to
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understand what are you trying to accomplish
her? What do you think your emotional
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levers or motivators are. And then
it's not just the words, it's believe
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it or not, the colors uh
that have to work or interact with the
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words that begin to appeal to that. Like I said, that primitive part
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of the brain, and that's somebody
to take the action you wanted to take.
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I recently listened to a podcast with
an interior designer who was speaking to
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the visual side and was talking about
rooms you should paint your house similar to
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what you just said, where even
like depending on where you live, and
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so like for me just moving north
and being in a space that's going to
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be cloudy most of the year,
painting inside your house certain brighter colors actually
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changes the mood of your home and
then changes how you feel in that space.
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And I'm I'm very big, Jeff
in the aesthetic side of things,
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in like the creative space. So
understanding colors in that context, I immediately
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jumped to where you went with marketing, because you apply it across the board
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in business and you start to understand
too why certain colors just make so much
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sense with with a brand's message,
and it communicates at another level, right
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subconsciously, the message that you're trying
to get out into the market. When
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you just have that, then the
color and the visual correct as well.
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So I'm glad you kind of highlighted
that. And I love a phrase you
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used just now with the psychological motivators
brushing up on that. I think that's
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a really easy thing for people to
do, or at least like for me,
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I'm great with checklists like put this
on my desk somewhere next time I'm
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writing copy or doing a podcast.
How are we essentially hitting on one of
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these psychological motivators. How have you
used those in your career specifically like ways
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that you recall them and started putting
them into practice. Yeah, if you're
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a B two B marketer, you
really got to start with what's your brand
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strategy? Period? And that's built
out a set of directives like what are
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you trying to get done? I
mean, I can tell you right now.
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And this is mostly consumer, but
it also applies on the to be
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side. At National Debt Relief,
we have three brand directors. I can't
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tell you what they are because they're
kind of secret sauce stuff, but you
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could probably guess they define the positioning
of our brand or a brand strategy.
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And then from there we have voice
vehicles. Those voice vehicles are tied to
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these psychological motivators, and so we
know like, okay, we are going
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to use these, and we're not
going to use these, or if we
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are going to use like like a
good I'll spill the beans. We're not
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a fear based brand and we live
in a vertical where it's mostly fun,
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and so there are just certain things
that we will never do because we don't
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think they we think they violate not
just our brand strategy, but the effectiveness
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of how we sell, how we
market, and how we sell differently than
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anybody else in this space. It
helps give you differentiated point of view,
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something we preach on the show all
the time, right, because what you're
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preaching and petting into the market,
then, uh, messaging wise, that
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does set you apart from the foot
around. Yeah, and I know we're
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kind of deviating a little bit towards
brand strategy, but this is all tied
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in in my opinion, right.
It all hangs off of that. In
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the idea is that now you're consistent
and your point differentiating and a lot of
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B two B services and software or
products are highly commoditized and everybody makes the
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same claims, are very similar claims, and if if you don't and you've
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got some unique position, it ain't
gonna last very long, right. So
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the ability to position and pitch differently, which is very much tied to that
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brand strategy and pulling on those emotional
levels that work with it, is everything
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in my opinion. So I got
one more kind of question for you before
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you wrap up, because one of
the clear things to me from an emotional
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marketing standpoint, one of the best
ways to make sure you're clear that you're
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not just using the psychological motivators from
your own perspective going oh, I think
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this will resonate in the market,
it would be to just go talk to
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customers to collect insights from the market, and then then bring in the psychological
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motivators. Then start to like,
Okay, we're kind of crafting because we
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have the insights. So talk to
me a little bit about that how you
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uniquely use and collect insights to then
inform the emotional marketing, because I could
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see this getting disjointed if just you're
trying to figure it out in theory before
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and then go to the market with
it before talking to your end consumer.
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So you your your spot on.
Benjie and I omitted a very important step
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and that is like when I've done
brand and strategies in the past, we
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don't make them up. They don't
just come out at thin air. They
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don't come out and get gut.
They come from very systematic research. And
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so you nailed it. And so
there's usually like two or three parts of
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that. There's industry research, there's
cultural research. In fact, the last
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brand strategy that that that I developed
was deeply rooted in cultural research and and
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and like driving at what's going on, what's deeply embedded in the psyche of
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like the American consumer, whoever that
is. There's qualitative and quantitative stuff.
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There's you know, so whether it's
talking to your buyers you know, one
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on one or a mass or whatever. And there's also talking internally to others
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in the company, could be the
sales team, could be the product team,
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could be whomever, and using that
to help define a brand strategy.
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So all of that needs to come
together. Otherwise you're right, you're just
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shooting in the dark or you're just
going with your gut, and that's not
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good enough. And then you go
from where I was talking about before,
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and uh and you you know,
very keenly pointed out I missed a step
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in that process. And I think
it's good. And also it's an easy
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recall. Like if you're in a
space where I know, I I get
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here, where I get my head
down and I'm just like working on things,
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and the and the y gets muddy. You know, even though I
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talked to customers a couple of months
back, I haven't been listening to a
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sales calls or haven't you know,
you just aren't doing You aren't in the
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middle of doing the work anymore.
You're just doing your marketing stuff. You
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can always go back and talk to
a customer, listen to a call,
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and be reminded of the hy So
I think that's a super easy way to
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get back the emotional marketing is just
go here what they're talking about. So
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I'm glad that we're highlighting this here
at the end. I like this conversation,
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Jeff. I appreciate your time,
and I know I had mentioned it
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kind we kind of glossed over it
at the beginning because I was gonna let
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you talk about it here at the
end. Anyway, you're not CMO of
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just one company, CMO at two
National Debt Relief and Reach Financial. So
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as we kind of wrap up here, tell people the best way to connect
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with you, stay connected to you, and uh, a little bit of
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a spiel maybe on on the two
companies that you you work for. Yeah,
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sure, So the best way to
connect with me is please find me
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on LinkedIn if you've got any questions
about this podcast or anything I talked about.
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Talk to Benji about the stuff he
talked about in terms of national debt,
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Relief and Reach Financial I'll keep it
really quick, so both are in
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the financial space. I'll start with
National Debt Relief so NDRs in the business
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of helping consumers and business owners that
are struggling with debt and TAM's growing like
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literally check your watch, probably grown
since this podcast started. People are struggling
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significantly right now in the United States, and we're in the debt settlement or
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debt relief busin this. So what
we do is we're agency for that person
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that enrolls in our program and we
will negotiate directly with their creditors to reduce
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the amount that they owe significantly.
And we also get folks out a debt
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in two to four years generally,
which is way shorter than some other options
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that they have. It's not as
as severe as a bankruptcy, and it
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may be to your advantage versus like
you know, a lending solution of some
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kind because of interest rates or whatever. So it's a really really great offering
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for a lot of people, especially
now that they're struggling. And then Reach
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Financials a sister company, same ownership, and it's a fintech, so uh,
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we are a personal own lender,
right now with aspirations to add new
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products, so a little bit of
a different audience than on the NDR side,
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and in both cases, both are
great brands. To check them out
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you have an interest. National deck
Relief dot com and Reach dot com are
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are the two ways you can find
us. I love it well, Jeff,
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Thank you so much for spending time
with us on B two B Growth
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today and I'm sure people will do
that reach out and get connected. And
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00:26:17.000 --> 00:26:19.119
also you can reach out if you're
listening and haven't connected with me yet,
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00:26:19.160 --> 00:26:23.119
I'd love to hear from you.
Search Benji block Over on LinkedIn and I
333
00:26:23.119 --> 00:26:26.680
would love to talk to about marketing, business and life over there. You
334
00:26:26.720 --> 00:26:30.480
can also go to B to be
Growth show dot com for all of our
335
00:26:30.480 --> 00:26:36.680
previous episodes and to subscribe and stay
up to date on everything we're doing with
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00:26:36.759 --> 00:26:40.279
the show. Thanks for listening,
everybody. We'll be back real soon with
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00:26:40.319 --> 00:26:55.480
another episode. B two B Growth
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