Transcript
WEBVTT
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Wouldn't it be nice to have several
thought leaders in your industry know and Love
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Your brand? Start a podcast,
invite your industries thought leaders to be guests
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on your show and start reaping the
benefits of having a network full of industry
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influencers? Learn more at sweet phish
MEDIACOM. You're listening to be tob growth,
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a daily podcast for B TOB leaders. We've interviewed names you've probably heard
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before, like Gary vanner truck and
Simon Senek, but you've probably never heard
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from the majority of our guests.
That's because the bulk of our interviews aren't
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with professional speakers and authors. Most
of our guests are in the trenches leading
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sales and marketing teams. They're implementing
strategy, they're experimenting with tactics, they're
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building the fastest growing BTB companies in
the world. My name is James Carberry.
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I'm the founder of sweet fish media, a podcast agency for BB brands,
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and I'm also one of the cohosts
of this show. When we're not
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interviewing sales and marketing leaders, you'll
hear stories from behind the scenes of our
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own business. Will share the ups
and downs of our journey as we attend
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to take over the world. Just
getting well? Maybe let's get into the
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show. Welcome back to BEDB growth. I'm Logan lyles with sweet fish media.
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Today I'm joined by the VEC candlewaw. He is the founder of I
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Zudo, the that how's it going
today, sir? Far for having the
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head Logan, excited to be on
the podcast? Well, we are excited
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to chat with you, thevek.
We're going to be talking about how your
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website traffic maybe a vanity metric,
and how to look at it differently and
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what to do and what to measure
when it comes to your website traffic.
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Truly, before we jump into today's
topic, I'd love for you to give
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listeners a little bit of background on
yourself and I Zudo and why you're the
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guy talking about this today. Right. Thanks. Yeah, so I'm the
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big clean while I'm the founder and
CEO at Aizudo. I started Nyudo with
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with the three of my co founders, meal, such an intriguant back in
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March two thousand and sixteen. This
is our second business together as found is,
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though, we decided to boost trap
this time around. Right. We
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now on a pot to jug out
journey from getting do five, from five
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l onus to premillion dollars as a
business. Maybe that down for about three
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and a half years. As I've
mentioned. I love it as a bootstrap
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start up ourself here at sweet fish, we love hearing from other bootstrapped startups
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and the journey that they're going through. So we'll have to chat a little
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bit more about that maybe another time, but today we're going to be jumping
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right into how to measure your website
traffic more effectively. Let's start the back
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with what we mentioned at the top
of the interview here, that a lot
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of homes are just looking at their
overall traffic metrics and that can really be
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kind of leading. It can be
a vanity matter. I guess you say
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yes, absolutely so. One thing
that we have, we are figured out,
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not only as a business but also
as part of a larger mission as
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a company, is is how haw
for the longest time market is across verticals,
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across categories of businesses, have been
obsessed with with the Vandy metrics,
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irrespective of the scale of the business
itself. Right and traffic sort of continues
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to plague the vision of the market
here in action, and this is what
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also sort of becomes a very limiting
agent for these marketers to create true impact
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at scale. Right. And the
classic example here is the fact that traffic
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fundamentally is noise. Right, and
I just sort of go after the literal
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meaning of traffic. Right. Look
and imagine yourself stuck on, stuck on
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one one, stuck on classic traffic
in one and one. Right. Or
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imagine yourself moving on the highway with
traffic. Right. Anything which you see
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or see or observe is just again, what do you see observed? Right?
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What sort of really becomes exciting is
when you get clear, clear attention
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from your site visitors. Right.
What market is have wood? Market is
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start obsessing about in the early days, and often we don't even in the
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evening, case of mature businesses,
is they look at traffic numbers for every
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single decision. Right. What actually
matters the most is the signal part which
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essentially are which is actually what what
I would like to call as own audience.
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Right, when marketers are able to
convert anonymous traffic into into an owned
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audience, that's when things start becoming
interesting. Own Audience is the way we
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sort of defiance is whenever an anonymous
visitor commits to you, which is actually
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is converting their interests into intent and
converting that intent into into a clear consent,
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along with their identity. In simpler
words, whenever they, let's say,
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give you their email idea or subscribe
to your push notifications or give you
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their movies number, right to contact
them, that's when they sort of become
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part of your own audience, giving
you, as a brand, an opportunity
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to strike a conversation with you.
It is actually a disappointed time you have
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you have access for that attention as
compared to just having that attention, which
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is what the traffic eventually stands for. Yeah, that makes a lot of
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sense, for that cod echoes a
little bit of what I've heard Eric Sharp
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from Proto fuse talk about. He
is a cohost here on bb growth,
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the BB website series. Will put
a link to that in the show notes
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because they're been some good touch points
on that in the past in that series
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and he echoed you know, what
you're saying here is that not all traffic
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is is good traffic. kind of
taking that a little bit in a different
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direction, but what you're saying here
is that looking at traffic is just one
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step. As you and I were
talking a little bit offline, you talked
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about, you know, traffic needs
to lead to meaningful attention, which hopefully
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leads to a meaningful conversation which definitely
leads to an actual sales processes. Tell
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us a little bit about what marketers
can do to start to measure those next
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more important points in their buyer journey
as they move people along those different conversion
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points from just bland unknown traffic that
that could be good, could be bad,
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but you know, at the end
of the day it's really unknown.
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Right. Yeah, absolutely so.
I think the first step really is is
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so fust it was really acknowledging exactly
what you said right. First it was
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acknowledging that hey, or the let's
say the hundred random visitors that come on
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the website, fifty of those are
just landed there, right there. They're
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not really your bias or they're not
ready to buy from you. Right.
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Some of them came back to the
website because they saw your brand on social
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media. There are a blog about
you or, you know, they saw
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a treat or they post or whatever
else. Right. Some of them came
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back because you already had a knowledge
of audio brand. Yeah, they were
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touched by you earlier on the journey. Some of them were existing email subscribers,
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for example, right, and some
of them were actually your loyal uses.
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Some of them are your potential customers. I think the first step lies
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in for market knowledge that the split
off your your off the visitor the website
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looks like this, which is flag
bys people who come in and go away,
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some repeat users, some repeat audience, right, some really loyal subscribers
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and some people who are really ready
to buy from you as a brand.
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Right. Once you understand this,
that's when you sort of able to say,
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okay, I want to treat these
guys differently, I ww to treat
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these different uses differently, and that's
when the journey towards understand their behavior starts,
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right, and that's when you say, okay, I have these guys
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on the website. Now I want
to have their meaningful attention, which is
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I want them to consume my content
and at some point in way, at
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some point in their consumption, I
would like to ask them a think or
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two about themselves. But, and
I could be a very, very simple
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like hey, are you business or
are you? Are you? I look
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for something specific or you just browsing? Right, or so they like.
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Hey, what's your hey, you
have been here before a couple of times.
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Would you mind telling us a bit
more about yourself? Something which starts
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a conversation, right, something which
tells you, something which one tells the
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tells the end user that they're talking
to a brand and not a website.
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Right. And once that meaningful attention
is sort of convert into a conversation,
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like, that's when you are able
to establish some intent on the users.
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But and say, okay, I
have some clear interest and intent for the
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steam from this particular user, right
on our category or our product. Right,
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let's see now, where exactly are
they in the Bier Journey? Right,
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and the Bio journey in today's world
is really complicated, organ as you
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would already know it. Right,
people research, you and I research before
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we buy a pair of headphones.
Right, while buying software, people research
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way more. They eat reviews,
their real blogs, they check out competition,
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they check out a lot of stuff
about the category, about your brand,
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before they actually touch your brand.
Right. In fact, I remember
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a GT crowd stat which was which
I heard from from the head of marketing
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and the founder. In fact,
Tim which mentioned that the average be to
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be buyer touches your or reads about
your brand at least about at least twelve
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times before they actually touch your brand
for the first time. This is actually
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you know, again, given the
fact that we laugh. We now live
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in an age where information is accessible
easily about pretty much every single thing out
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there on the Internet. This is
exactly what makes the buyer what gives the
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control of the purchase in the hands
of the buyer. We not living in
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the S or or early where where
information arbitrage with a play, where,
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simply because, as a seller,
you knew a thing or two about about
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the market, you would have an
advantage by the selling right bias on now
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and complete control off the boot chase
cycle. And this is exactly what sellers.
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V as saw bit of V as
software provide as vas. When does
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vs sell has need to get a
line to if that doesn't happen right,
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we would be able to set up. Why you as a business meaning fully
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imagine it a spreadsheet filled with rows
and rows of your sales enablement assets.
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00:12:13.450 --> 00:12:18.879
You've devoted two years to organizing this
masterpiece, only for it to stop making
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sense. This was Chad forbuccos reality. As the head of sales enablement at
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glint, a linkedin company, he's
responsible for instilling confidence in his sales reps
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and arming them with the information they
need to do their jobs. However,
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00:12:31.389 --> 00:12:37.110
when his glorious spreadsheet became too complex, he realized he needed a new system.
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00:12:37.710 --> 00:12:41.070
That's when Chad turned to guru.
With Guru, the knowledge you need
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00:12:41.149 --> 00:12:45.899
to do your job finds you.
Between Guru's Web interface, slack integration,
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mobile APP and browser extension, teams
can easily search for verified knowledge without leaving
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their workflow. No more siload or
staled information. Guru acts as your single
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00:12:56.940 --> 00:13:00.929
source of truth. For Chad,
this meant glent sales reps were left feeling
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00:13:01.090 --> 00:13:05.169
more confident doing their jobs. See
why leading companies like glint, shopify,
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spotify, slack and more are using
guru for their knowledge management needs. Visit
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BB growth dot get gurucom to start
your thirty day free trial and discover how
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knowledge management can empower your revenue teams. Yep, absolutely. As you were
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talking about research that folks are doing
before they land on your website, gtw
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was actually the first one that was
coming to mind, where big fans of
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the folks over there. We've had
different folks from the GTU team on this
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podcast before and it's definitely when you
look at what they're doing and how they're
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capitalizing on the research and the third
party validation that be to be buyers want
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before they actually engage with the brand, it just fits with the way that
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folks by today. I want to
circle back to something you said their vivec
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about that conversion point from traffic to
an owned audience, and you mentioned,
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you know, you can use this
with chat tools, you can do this
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with forms. We're actually looking at
how do we roll out more of these
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tactics. So it's actually something that
we're thinking about a lot here at sweetfish
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in how do we get enough information
because, like you said, there are
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those three buckets of of traffic right, just kind of the passers by as
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they call them in real estate.
Look, you lose, then you've got
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folks that are repeat visitors and then
you have, you know, loyal brand
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subscribers possibly, and so if you
think about those three there are some key
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indicators that can tell you which bucket
they fall in. And then you also
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want to figure out is this person
you know? Did they fit our buyer
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persona some sort of lead scoring,
and so that can be a lot of
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information you want to gather, but
the more you add their the the more
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friction there is to that process.
So what are some of your best practices
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or recommendations for by marketers to kind
of walk that line, to get enough
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information to be able to serve those
folks and segment their audience in an efficient
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way without turning off people with,
you know, a nine step form that
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just takes too much and they're just
like, I'm fed up and they click
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away anyway. Yeah, you know, I think it's a it's a great
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balancing act that we as marketers today
how to maintain. Right. But I
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think the way I would like to
approach this problem with one look at the
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way look at the the browsing pattern. Right again, we could, we
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could all boil the ocean here trying
to try to attribute, trying to create
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the perfect lead scoring model. Right, but again right. Let's face it,
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all of most of us out there
do not have the time, energy
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and scale in the first place at
times to even set this up. The
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ideas, to keep the ideas,
to keep it simple. It sort of
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it traded, it read upon it
as you go along. Right, the
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way I would started it is you
look at the buy you look at the
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browsing pattern of the end user.
Look at what kind of pages and book
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of contents and user consuming on the
website. Right. That's one important,
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important factor to sort of understand where
exactly is this user in the buying persona,
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in the buying in their journey?
That's one second. Definitely look at
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the amount of counter that has been
consumed. As the users on the block
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on the website, are there really
scrolling down enough? Are they on the
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just quitting straight up? They just
bouncing away from a website immediately at the
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same time as they're consuming content?
Tools like forms and chat boughts are obviously
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extremely powerful to convert that interest or
to capture, you know, capture them
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in that marketing moment, right and
to sort of trigger a real conversation with
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these with these prospects. Right.
If we have been using chat bots on
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our website for quite some time now, in fact, we have now seen
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chat conservation rates between three percent to
almost eight percent, depending upon the intent
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of the page. Right, for
example, a pricing page has almost a
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six point five percent conversion rates out
of hundred visitors who land on the website,
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site, on the pricing page,
at least six people who would would
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initiate a conversation with us, which
is a decent number to sort of start
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from. Right. Another metric to
sort of track closely is how many of
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these us are actually giving you their
details for you to for you to to
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establish a relationship with them. We've
seen email opten rates or email submissie rates
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to whold to hover around five to
fifteen percent, again depending upon the intent
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of the page. Right, these
numbers would also start varying as you look
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at as depending upon these segment and
the category of businesses you are dealing with.
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Right. So if you're dealing with
SMBS, you might you might see
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slightly slightly higher rates, if you
dealing with midmarket and enterprise customers, you
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might look a you might have human
i's like lower rates. Right. Again,
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depends completely on your business in your
context. But then this is what
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what we have see, what I've
seen personally on a zoo too, to
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start with, right. What do
you also sort of see, and I
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think this is worth mentioning, are
is this and this is this goes back
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to our first point, which was
not all traffic is great traffic. Right.
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In fact, fifty seven person of
our traffic is generated from referral links.
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Right. So we have powered by
is zooto thing, which is which
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is shown on a on websites of
our of our castomers and our users,
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right, and we get terms of
refer traffic from these websites across the globe.
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And guess what? This traffic toil
rates the highest clatter, highest noise
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for us in our marketing funnel,
right, so much that we actually decided
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to completely kill this traffic. We
literally decided to take off our link from
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that from our from our prompts on
our customer websites, because this is creating
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a way too much chunk in our
marketing funnel. And then at some point
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we decided to bring it back,
put on a separate landing page and say,
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okay, we will treat this traffic
completely differently, will set up at
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different emergent fun altogether for these users. Right. So, yes, you
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know, again retreating the point.
All traffic is not good traffic. Right.
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Traffic depends on its source and the
best way to measure traffic is by
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its intent or by its ability to
commit to your to your brand, which
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is entually starts from one having a
conversation or them summitting their details to you
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as a plan, which could be
through a landing page form, through a
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content form, through a user to
subscription or by simply signing up for a
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trial on your website as well.
I of that story of Eveck. It
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really brings it home and shows that
you guys practice what you preach. You
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know, we open the conversation talking
about that all traffic is not good traffic,
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and you really demonstrated that with that
story about, you know, kind
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of turning off that traffic, actually
saying no, we don't want this traffic.
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Right. It could great to look
at and it kind of strokes our
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egos saying yeah, that we're getting
this much traffic, but if it's not
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good traffic. And so I like
the progression that you guys went through there,
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turning it off but then turning it
back on, but doing it in
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a more calculated way so that you
could measure that, you could filter it,
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it doesn't just become noise. So
I think you've provided some great examples
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of what folks can do, not
just kind of spouting hey, website traffic
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is a vanity metric and and so
stop measuring it, but what you can
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do about it. So that was
a great example. You also talked about,
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you know, the three buckets,
gathering information to not only leads for
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the folks that are visiting your website, but try to determine what level they're
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at in intent. Are they a
passer by, are they a repeat visitor
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or are they, you know,
a regular subscriber consumer of your content,
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whether you're a BB brand or a
media company? I think understanding those three
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buckets, as well as your lead
scoring, is very important. The Beck.
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If anybody listening to this would like
to ask any follow up questions or
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00:21:59.160 --> 00:22:02.990
stay connected with you or learn more
about what you and the team over at
262
00:22:03.029 --> 00:22:04.750
Isodo or up to these days,
what's the best way for them to reach
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00:22:04.789 --> 00:22:11.109
out and can tinue this conversation?
Sure so. You could find me on
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00:22:11.269 --> 00:22:17.700
twitter. My twitter handle is at
the rate we we gay gay, Livg
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00:22:17.980 --> 00:22:21.619
Gay. That's bread with a handle, right, that's the best place to
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00:22:22.740 --> 00:22:26.420
reach out. I'm usually tweeting being
the out see. Yeah, that's a
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00:22:26.460 --> 00:22:30.410
great bass out of a conversation.
All Right, I love it. Well,
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00:22:30.490 --> 00:22:33.329
the VEC will also link to your
linkedin profile here in the show notes.
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00:22:33.329 --> 00:22:36.970
I also, as I mentioned,
drop make sure that we drop it
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in the show notes a link to
our BB website series. If you like
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00:22:40.970 --> 00:22:48.319
this episode you want some more tactical
advice on building your website two for better
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00:22:48.759 --> 00:22:52.039
demandin and lead conversion, check that
out. You can also go to sweet
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00:22:52.039 --> 00:22:56.680
phish Mediacom blog. Look for the
category the HASHTAG BB websites in the categories
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00:22:57.039 --> 00:23:00.549
on the right hand side. All
right, but that this was a great
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00:23:00.589 --> 00:23:03.230
conversation. Thank you so much for
joining us in the show today. I
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00:23:03.269 --> 00:23:06.269
really appreciate it. Man, thank
you so much, Lugan. Love lead
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00:23:06.309 --> 00:23:11.670
over with you. We totally get
it. We publish a ton of content
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00:23:11.789 --> 00:23:14.980
on this podcast and it can be
a lot to keep up with. That's
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00:23:15.019 --> 00:23:18.539
why we've started the BB growth big
three, a no fluff email that boils
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00:23:18.619 --> 00:23:23.259
down our three biggest takeaways from an
entire week of episodes. Sign up today
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00:23:23.299 --> 00:23:30.930
at Sweet Phish Mediacom Big Three.
That sweet PHISH MEDIACOM Big Three