Transcript
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Conversations from the front lines and marketing. This is be to be growth.
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Today I am joined by John Kazarian. He's the founder and CEO of Excel
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Events. John, welcome to be
to be growth. Thanks for having me
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on. Excited a chat with you
today to tap into your expertise and I'll
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just tell our listeners up front what
I want to drill down on and then
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we'll get some of your story.
I'm hoping today, and because I know
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you have so much expertise in the
area of events, that we can just
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talk about leveraging data from those events. I know that's something that marketers are
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trying to continuously get better at.
Also want to talk about leveraging events as
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this core piece of our marketing strategy. And then, finally, meant there's
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so many ways we could really get
personal with the data that we collect,
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to maybe it's create forums for targeted
groups or just these other ways of using
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the data. So that's where we're
going. But to get there, people
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need to be know who you are
a little bit, and so I want
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to hit rewind. Maybe we jump
into time machine for a second, go
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back to two thousand and fifteen,
because I, as I understand it,
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this was kind of your gateway into
excel events. Basically, you kind of
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sad, but your cousin was diagnosed
with cancer and you're going I've got to
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make a difference, I want to
hell hope in this situation. Tell us
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a little bit of that story so
we have some background on you, John.
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Yeah, it's so. That was
I was two thousand and fourteen that
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happened. She was seventeen at the
time and when I found that out,
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it just thought about, you know, what can I do for her,
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and ultimately concluded that if I hosted
event, that was going to be how
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I can raise the most money.
And I had hosted a bunch of events
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in the past, you know,
generally like the one hundred to two hundred
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person range, but this is the
opportunity to go big. So I went
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down to the aquarium in Boston,
where I was living at the time,
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put my credit card down. I
was I was twenty four at the time.
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I had to sell a hundred eighty
five tickets to break even, basically
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to be able to pay my credit
card. Built and and did it in
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and we went into that event,
you know, again knowing we had to
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sell one hundred and eighty five,
but ended up getting eight hundred and forty
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people to show up that first event
and in the process we raise sixty five
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thou dollars for Dana Farber cancerans to
that's fantastic. One of the reasons we
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were able to do so was the
technology that we ultimately built in order to
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help us raise money. I had
looked around for solutions to help us run
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the auction, the RAFFLE. There
wasn't anything that was either affordable or easy
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to use. We had already had
enough trouble and frustration with a ticketing system
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that we were using, and this
is one of the now publicly traded companies,
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so you know, sort of would
have thought it was best of breed.
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But when you're hosting a large scale
event, you've got enough frustration,
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enough pain points, enough things to
worry about. Technology doesn't need to be
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another one on top of that.
So I ended up building out the solution
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for us and it worked really well. Again, we raised a bunch of
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money and ultimately, after the event, realize that we should be offering this
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other folks. We're doing the same
thing. So watched a company and continue
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to build that nights and weekends while
working full time and another job. At
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the time that was much more focused
on the fundraising space, but as things
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progressed we started to focus more heavily
on for profit events, the festival's trade
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shows, concerts, conferences and whatnot, and and continue to go down that
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route until we ultimately came to the
point where at today, which I want
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to highlight one other part of that
story, because the last three years hit
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sort of Oh crap moment and you
hit a like wow, we're really growing
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at a quick pace. So just
give people an idea of what that three
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year journey has been like. Yes, so in two thousand and nineteen,
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again I was, you know,
still working full time at another company building
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this nights and weekends and we had
we ended up closing out that year.
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Three hundred seventy five came revenant.
So boos drap. Frankly, still very
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small, but it was looking like
we were going to be able to do
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a million in revenue in two thousand
and twenty. And then the world ship
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the bed. So in March to
two thousand and twenty, with all the
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canceled events, the refunded tickets,
we ran out of money and fortunately I
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was able to convince my father,
would recently retired, to invest k out
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of his retirement, basically at the
bottom of the stock market in March of
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one thousand and twenty, so that
we'd have a chance to pivot and chance
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to stay alive. And we knew
what we were going to do because we
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were talking to our customers nonstop.
They were going through the same problems and
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challenges that we were, essentially,
so we knew what we were going to
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do and and this this money,
it gave us the second win, to
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second chance, and we pivoted and
we built a solution to facilitate faci take
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conferences and trade shows for a number
of different types of organizations, but at
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the time primarily be to be businesses
that just needed a way to stay top
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of mine, stay in front of
their customers, to be able to generate
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leads and create opportunities for sales folks
to get in front of potential buyers.
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And it worked. Hmm, I
love that. And it worked. I
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mean you say it work, but
it I think it went way beyond like
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what you were imagining in your head, if you'd like you. I mean
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you're hoping for a million and you've
gone on and what you hit? Three
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million. Is that right? Or
you're on path? Yeah, a little
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bit, a little bit beyond that, we did a little over three point
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two and two thousand and twenty.
Wow. Okay. So then that that
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provides perfect context for where we want
to go, because you're thinking about events,
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you've been hosting events for years at
this point and now you've built this
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platform as well. So, with
all of that sort of as backdrop,
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I want to tap into the lessons
you've learned and I want to start with
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this. If you're thinking of most
betb companies, they're allocating part of their
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budget, may probably a significant portion
of their budget, into some kind of
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event. In if you're looking in
from your vantage point, John and going
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all right, this is why,
if you're not prioritizing events, you should
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or you should prioritize events more like
make your case. What's your main talking
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points? Yeah, I mean,
historically twenty six percent of be to be
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marketing budgets are events. So it
is a massive segment. But as you
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think about companies like generally sort of
the series a, series B threshold,
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they have really ventured to take the
step yet, and it's actually very interesting
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about the opportunity that virtual events provide
is it's an opportunity to dip your toe
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in the water at a much lower
barrier to entry, a much lower price
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point, much lower risk. And
what we've seen is a number of organizations
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that have done just that, you
know, on part of timing over the
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past couple of years, but today
now they have this audience already ready to
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go when it is time for them
to host their in person events. So,
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yeah, as you're thinking about building
that, it really comes down to
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thinking about the programming and how you're
going to engage your audience throughout the year,
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how you're going to build opportunities to
interact with those folks. And you
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know, one of the you know, the hot topics these days is the
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conversation around the dark funnel, and
we're your audience is coming together your customers,
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your potential customers, and having those
conversations. That one of the things
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that events do better than anything else
is they provide an opportunity for your customers
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to sell on your behalf. Take
your best advocates, give them a voice
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with in your event. It's going
to deepen the relationship with them, but
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it's also going to give them an
opportunity to talk to those prospects in ways
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that about your product and ways that
they never considered before. HMM, okay,
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so one more question on just events
more broadly. What are some of
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those main misconceptions you think people still
have, like, what are people still
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getting wrong, because I do a
totally agree with you that in this time,
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the last couple years, it's just
shown a spotlight on the power of
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a virtual event, but I still
think there's, especially in be to be
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some old ways of thinking about events
for people that are like afraid to still
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dip their toes in the water because
they're going like a man. Maybe the
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barrier to entry is really high,
or the cost, like, what are
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some of those misconceptions? Well,
one of the misconceptions is the cost.
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But regardless of the cost, the
the investment, the time that you need
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to put into creating that experience,
whether it's virtual or in person, is
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in many ways the same. You're
just shifting where you're spending your time on,
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because somebody's attention is obviously so limited
in the virtual space. You need
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to make sure that you're putting content
together, that you're bringing great speakers,
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you have an agenda that's going to
really engage folks. The other part is,
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whatever you're thinking about this event,
this program of events, you need
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to understand the purpose of it off
the bat before you even start to think
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about the programming. And that's one
big gap that I see a lot of
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a lot of folks face when they're
starting to build event programming for the first
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time. The other thing is to
back up is Depp and look coalistically your
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entire marketing stack, your marketing program
the way that we do marketing has changed
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quite a bit in the past year
just because of well apples, war against
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facebook and now Google tagging in with
the the reduction third party cookie tracking,
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the ways that ad platforms are changing. Tacks are going up. If you
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think about what that means, it's
a shift towards first party data and when
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you're considering the different mechanisms for getting
first party data. Yeah, you've got,
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like you know, White Paper downloads
and ebooks and other form fields,
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sometimes even webinars, but all you're
really capturing is a point in time,
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single interaction that that person took,
not really any more context than that.
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But you think about the spectrum of
an event, there are so many more
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touch points that you're able to capture, and this applies both to in person
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and virtual events, that you can
then use to build personas and segment your
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audience and create personalize follow up and
messaging. That just goes vastly outside of
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what you're going to be able to
do when you just have that single point
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of contact or information about somebody.
Yep, it's exactly right. Okay,
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so kind of jumping into action mode
here, then let's let's just imagine for
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a second a Welldone, ideal event
here and let's go beforehand, during and
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after. Will take this in three
chunks to maximize that opportunity. What do
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you see? Beforehand, during,
in after? I'll let you kind of
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just walk us through, if this
is done well, what the connection to
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those attending the event can look like
for the company and how you can really
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start to maximize this. Yeah,
definitely, and again I'll stick in the
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virtual event realm for this one.
But Zappier, for example, zapp beer,
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as a customer of hours. They
hosted a huge product launch, annual
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product launch event on the platform and
there's a couple of things that they did
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really well, and thinking about that. But one of them was the way
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that they brought in evangelist speak on
behalf and promote the event because, yes,
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this is a product launch event,
but they're also introducing a lot of
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thought leadership and really resonating with the
audience in in the way that they promoted
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the event. So even if these
folks don't attend, this is still an
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opportunity for you to go out there
and get your voice out there and get
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your brand out there and promote yourself
as a thought leader in the industry.
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So it started with that. And
now the other thing is, and again
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this is given that it's a product
launch event, but nobody ever posed a
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screenshot of an email from a new
feature that a company pleas on like lengthy
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ender twitter. Right, whether it's
in person or virtual, the number of
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screenshots I see from folks who are
or checking out an event and this product
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that they use day and day out
as launched this new feature that's going to
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save them five hours a month,
right. That's huge. That's life changing
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for that allows them to focus that
much time on something else. When you
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bring a whole bunch of people together
and create hype and noise at the same
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time, and that's exactly what Zap
you're did with this event. It create
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an opportunity for this global audience to
come together and rally behind this this new
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feature that they released, and it
really it just it took over linkedin for
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a day, almost two days,
which was just incredible to see. So
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that was sort of during the event
and then post event. What it enabled
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them to do is because they not
only had this sort of apple style keynote
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address where they want this big feature, they also had breakout sessions where they
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were addressing some additions or enhancements they
made the existing functionality and as different attendees
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went and checked out those different breakout
sessions and when asked questions, they had
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this really targeted list for follow ups. Their account managers in customer success team
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knows exactly who to go and follow
up with and they cross reference that with
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up spot, their crm, so
they can see, okay, well,
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this person checked out this session for
this feature that they're not currently using or
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not currently subscribe to. So it
tells them exactly what type of information the
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AM team should be using to up
upsell their existing customer base. Way Hmm.
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The back end of that is so
interesting and again because you have that
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information. Now, you have interests, you have actual content. You could
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hit them with post follow up that
you're actually adding, adding more value in
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one sense, and then also on
the back end, you know upsell value
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is right there as well. Okay, so I guess to one thing in
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that example that sticks out to me
as far as like what would I push
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back on, John Mon? Yeah, Zapp you're such a big company that
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they have the ability at scale to
jump into an event and and like just
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have massive success. But when you
think of companies that are like, Oh
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hey, I don't know if we
would have that critical mass of raving fans
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to show up for an event like, especially a product launch, what would
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be your pushback on my thinking?
They're what would be like an maybe not
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so global company, if that makes
sense. Yeah, definitely Zapp here as
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a larger organization, but we've seen
companies of all sizes have success with this.
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Yeah, and if you create an
experience it's worth talking about, you're
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going to do just that. We've
seen some organizations that have a very hard
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hyper targeted like the IP list of
people that they want to get excited.
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They've even gone as far as to
ship out like a box to every everybody
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who's going to be maybe it's an
audience of two hundred folks, and ship
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out a box to all of those
people. Get inside of that box is
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a bunch of envelopes and every half
an hour and they're labeled with the person's
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local time zone. Everybody who's attending
and participating in that event gets the opportunity
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to share an experience. So maybe
to you know, chocolate tasting at thirty
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in the morning, and the next
one is whatever, a candle that everybody
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gets to light together, something like
that. We're creating that shared experience.
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Is another way that you can just
get everybody rallied behind something together and create
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that excitement that's going to lead to
them promoting and posting about your event,
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even if it's not just because of
the sheer mass number of folks that are
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there. This is a huge point
because I love how you said that experience
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worth talking about and be to be
we have a tendency to just slap event
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over the word Webinar and call it
good and you wonder why you weren't aren't
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creating a room of raving fans,
why you aren't able to like really capitalize
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on these, because there's so much
at an event can do for you,
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both in the connection that you have
to potential customers, to current customers,
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and as a content strategy post if
you did it correctly. There's limitless potential
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here. But to make it an
experience worth talking about. That's really to
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me. That's like spend all your
time there, know your why and then
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create an experience we're talking about,
and you will elevate yourself above so much
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of what's happening right now in be
to be marketing in events and, to
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your point, know your why.
This is why it needs to begin with.
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What is it that you're trying to
get out of that event experience?
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Is he getting people to talk about
it and post on social media, or
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is it we're more focused on figuring
out what breakout sessions are people going to,
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because maybe they're not using a product
that we offer. We think there's
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an upsetlf potential in whatever it might
be. It's really understanding what's the goal
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of this, and you can't have
multiple goals, but make sure that you
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structure everything in accordance with whatever set
of goals that you determine. Okay,
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let's dive more into the post,
the follow up there a little bit,
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and how you're seeing companies leverage that
data in what you would just call like
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this is an excellent way to do
this. And and what I would even
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say, what's the how, like
what's the practical actionable step you'd tell people
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to take for their next event to
really get that data collection correct and use
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it to its fullest? Yeah,
before I tackle that, like I'm almost
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triggered I get, have to address
the most frustrating thing I see, which
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is what's here about a call to
action. Yeah, and if you don't
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have a like explicit call to action, then your call to action should be
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get people to sign up for your
next event, do so when they're already
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hyped up and pointing about it.
This works even better within person experiences.
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And if it's like an annual event, then you, and even if you
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offer like a seventy five percent discount, you've now built this this set of
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fans, these advocates, were going
to sell on your behalf and get others
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to attempting it back. So I
had to go down that path, called
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action, no matter what. I
made a note that exact what was already
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called action. Okay, in terms
of follow up. So in another area
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where there's a gap is that it's
not just the post event follow up,
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but it's actually preparing your fall up
to take place during the event experience.
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So prebuild the segments based on activity
that people are taking in advance, bookmarking
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sessions, sessions they've attended, assume
that there's going to be follow up and
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have campaigns built out. So Bid
Yard, another customer of hours, did
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a great job of this, passing
the data to Marquetto in real time so
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that they can have campaigns ready to
go so that if, you know,
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somebody shows a lot of interest in
a session that's taking place in the afternoon
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because they really like the speaker and
they visited their bio three times, but
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that person dropped off after the first
session. Well, we know they dropped
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off. Let's send them a campaign
to reengage and get them back into that
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experience. So using the data in
real time is, you know, equally
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as important is it is using it
post of that, but from a post
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event perspective. One of the other
opportunities that we're seeing companies take, and
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this is in the world of virtual
but also in person, is creating just
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smaller, more targeted to vs.
so maybe it's a localized meet up,
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maybe it's an event covering a very
specific topic, but because of the barrier
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to entry can be lower, you
can afford to do more customized experiences and
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with the information at hand of your
past event or past series of events,
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you can figure out exactly what type
of content and information to be putting forward,
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but also how to appropriate a message
it. Who are the speakers that
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make that the most engaging, most
exciting, that you want to bring in
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for that experience, and who are
those speakers whose content was most engaging that
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you want to repurpose both to promote
that event but also to promote your brand
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and thought leadership? Yeah, there's
so much there that. I mean like
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you could just do clearly a whole
episode where we just focus on different strategies
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for the post follow, but I
wanted to make sure we give some broad
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over because there's people that are probably
trying to share up all different portions.
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Right. How do we do pre
how do we make the actual event itself
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experience worth talking about? And then
that post to me, people dropping off
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in the post fall up, which
I think you hit on a really important
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piece of this which is that called
action? You wonder why, if you
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don't have a clear called action,
you're going to see people trail off.
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But also if you're not leveraging the
data collection that you actually have, making
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it a more personalized experience so that
they actually know why they would be interested
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in you moving forward, you're just
missing an opportunity there. So I think
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we're giving people some really practical stuff
there. We've kind of talked around something
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that is I know has come up
often as I talked to CMOS directors of
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marketing, which is in the pandemic
hyper focus on virtual events, because that's
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what it was like. That's our
only option. You also saw some live
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events that just went on hiatus or
they trailed off and who knows if they
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come back. What do you see
as the future like? Is it virtual
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events leading to live events, or
what would you be advocating for? Yeah,
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I'm laughing as I'm thinking about a
couple of recent conversations that had with
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that Director Demand Gen. folks at
companies who have spoken to their CMOS and
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there's their CMOS are looking at them
like hey, we're expecting you to bring
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back the same level in person events
that we had pre pandemic. But,
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by the way, virtual events are
easy, right, so you should do
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those two. Just add the mode
of the play. They cut half of
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the event team in half during the
pandemic. Never rebuilt that. So,
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like the workload is doubled for event
professionals. The data expectations, because of
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date is available, have also increased
significantly and it's a lot to tackle.
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So, to answer your question,
it's it's bringing you back to the program
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how do events fit into our entire
marketing stack, entire marketing program and that's
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the first part of the question that
needs to be addressed. From there you
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can start to think about what's the
right mix of experiences. And it's going
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to be different for every company,
right. I mean, if you look
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at what's going on right now,
travel costs are incredibly high. So with,
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you know, a lot of companies
having layoffs, corporate budgets are shrinking,
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that does make it harder to get
people to attend in person events,
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especially if that to travel. It's
a case for doing more localized meetups,
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especially in your target cities, but
supplement that with the virtual event series.
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That's going to be a really good
barometer for you to understand the level of
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attendance that you're going to get at
those events, be it your annual flagship
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events or any of your localized meetups
and in different regions. So you have
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to think about the entire program and
it's you know, it's one of those
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things where just try it, like
you can dip your toe in the water,
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you can keep it fairly inexpensive,
focus on getting great content, great
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speakers, positioning yourselves as a thought
leader in the industry and you're going to
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make it work. Yep, Yep. Have a clear call to action,
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I think if that was the main
thing from John's side for this episode.
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Have a clear call to action and
experiences we're talking about that's worth it.
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And then all, we're always talking
about sharing up your fallowup process. There,
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I think, on my side,
when I think of virtual events,
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the thing I'm pushing people towards,
because I'm so in content marketing world,
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it's just when you have an event, get good quality video because it works
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as a content strategy for four to
six months, and I cannot press on
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that enough, because it can create
buzz for your next event, but it
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is also a way of building your
thought leadership it's it can have called actions
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in the videos. So, like
when you think of events in your overall
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strategy, events are pillar pieces that
if you're having several virtual and, let's
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say, some in person meetups,
there's just so much opportunity for that to
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drive the rest of what you're doing. And I know we know this,
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but it's like worth harping on again
because sometimes we're so in the weeds on
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our marketing strategy that we don't remember
how powerful an event can be. Yeah,
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a lot of people have been talking
about hybrid events recently and they look
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at hybrid as well. It's so
expensive because I have to have the video
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production crew on site and pushing out
the content, but they're missing the biggest
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opportunity there, which is exactly what
you just mentioned. You need that high
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quality video content. You need to
repurpose that contact. It's not just for
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getting new eyeballs and new prospects and
leads in the door, but it's also
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a way to deepen the relationship with
your existing customers in provide opportunities for them
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to continue to educate and learn.
Hm. Okay, so if a listener's
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hearing this and this is like your
opportunity to step up onto a soapbox,
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kind of final piece of this conversation, and you're going to advocate for our
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listeners to really hone one skill coming
out of this episode. Maybe it's a
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main takeaway or a question that they
should be asking about their next event.
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What's the thing that you want people
to remember? In your own words,
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John, why are you hosting that
event? Bring us back to the y
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always. That's excellent. All right. Well, let's do this. As
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we wrap up here. I'm sure
there's going to be those that want to
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stay connected to you and will also
be interested in excel event. So tell
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us a little bit more about excel
events and where people can find you.
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Yeah, definitely. So you can
find US Excel Eventscom accyl events. We
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00:24:34.119 --> 00:24:40.119
are huge on customer support, real
human response in thirty seconds or last.
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00:24:40.200 --> 00:24:42.599
So I challenge anybody to take me
up on that. Head over to the
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00:24:42.640 --> 00:24:45.559
website, send us a message and
if you don't hear back from US and
360
00:24:45.640 --> 00:24:51.680
thirty seconds, pick me on Linkedin. Let me now nice. Love that
361
00:24:52.039 --> 00:24:53.920
and are you it best way to
stay connected to you as well? Just
362
00:24:55.119 --> 00:24:59.559
linkedin. Yeah, linkedin. I'm
starting to get a little more involved with
363
00:24:59.599 --> 00:25:03.319
twitter as well. Fantastic. I
cannot jump on the twitter train, but
364
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I should probably try. I love
it. Man. Thank you so much
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00:25:06.599 --> 00:25:08.880
for stop him by, BB growth, drop in your event knowledge. I
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00:25:10.000 --> 00:25:14.720
know our room full of marketers is
listening attentively and gained a lot from from
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00:25:14.799 --> 00:25:18.160
this conversation. Thanks for having me
on to our listeners. Thank you for
368
00:25:18.279 --> 00:25:22.039
checking out this episode. We hope
it helps you continue to fuel your growth
369
00:25:22.119 --> 00:25:26.440
and innovation. You can connect with
me on Linkedin. Just Search Benjie Block,
370
00:25:26.519 --> 00:25:29.640
talking about marketing, business in life
over there, and would love to
371
00:25:29.759 --> 00:25:33.200
check at will be back real soon
with another episode. Keep doing work the
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00:25:33.319 --> 00:25:48.680
matters. BB growth is brought to
you by the team at sweet fish media.
373
00:25:48.759 --> 00:25:52.319
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