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 BEDB 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 CO
hosts of this show. When we're
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not interviewing sales and marketing leaders,
you'll hear stories from behind the scenes of
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our own business. Will share the
ups and downs of our journey as we
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attempt to take over the world.
Just getting well? Maybe let's get into
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the show. Welcome back to be
tob growth. I'm Logan lyles with sweet
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fish media. Today I'm joined by
amy or when. She is the vice
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president of strategy over at experience.
Amy, how's it going today? Great.
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Thank you for having me. Absolutely
I am really excited to chat with
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you. It is the week before
Christmas. As we are recording this,
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folks are probably listening to this in
the midst of their holiday break, but
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for right now I am enjoying a
great day as well. Any we're going
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to be talking about keeping customers at
the heart of your marketing campaigns and and
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really tactically and strategically what that means
as we start to unpack that our conversation
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today. Before we do, though, amy, I would love for you
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to kick us off with a little
bit about your background and what you and
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your team at experience or up to
these days. Great. Sure, I
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lead strategy and partnerships at experience and
my team helps experience really think about the
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future, think about we or we
should be investing to help our clients grow,
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and a lot of that comes down
to identity, digital and some a
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lot of the new forms of channels
to communicate with customers like, for example,
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advanced TV. So we work a
lot in those areas. We look
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for new data set and we help
our sales team and executive think about think
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about where we should be going next, and then we also forged sports partnerships
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to help us get there. I
love it. So let's dive right in.
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Amy. One of the things you
and I were talking about a little
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bit offline is this common theme that
we've heard from our guests about, you
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know, keeping customers at the heart
of every marketing strategy. Tactically. I
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think you've got some good things to
share about different types of data that allow
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you to actually tactically do that and
how they work together. Can can you
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kick us off there as we kind
of Geek out on some data strategy?
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Sure, sure, and I'll give
you a little background on the Division that
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I work in and experience. A
lot of people recognize experience as a credit
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bureau. We have we are a
marketer, we have adds on TV.
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My Division really helps brand marketers leverage
the power of data and technology to make
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the right marketing decisions and better understand
and connects with consumers. So, while
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many marketers have first party data,
to really have US three hundred sixty view
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the customer, you to augment that
with Third Party data, and that's where
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experience comes in. We help brands
connect disparate data sets, both First Party
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and third party, to better understand
consumers and create a single customer identity or
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customer review, which has a number
of applications in the world today. So
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you asked about First Party Datas third
party data and how how we think about
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that. Well, as you mentioned, customers really need to be at the
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heart of every marketing strategy and get
First Party data is certainly critical to that.
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So a brand marketer and that comes
in different forms. If you're a
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retailer, you have a lot of
different touchpoints with a consumer. You they
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have a loyalty program that has an
APP that consumers are interacting with. You
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have in store visits. You probably
have an email list, you have a
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website. You maybe also fell directly
on your website as well as in your
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stores. You could transaction dating,
you make a catalog and do direct mail.
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There's a lot of different interactions.
People are interacting with retellers every day.
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If you're if you're on a manufacture. People buy cars every three or
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four or five years, sometimes so
so you get much fewer touch points to
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the consumers. So you're going to
rely a lot more on that third party
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data if you're an a manufacturer.
But if you're a retailer, you're still
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going to be a need to bring
in that their party data to get a
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complete view of your customer and really
understand that customer across a all the different
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channels that that the consumers are interacting
with. So if you think about today
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versus twenty years ago, consumers are
interacting with content, consuming content on on
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computers, on mobile phones, on
televisions and oftentimes sometimes even at the same
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time. So to understand who that
customer is and all there's that, all
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that digital footprints that they're that they're
all those little footprints that they're leaving and
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connect the dots can be very challenging
and that's that's really sort of that's where
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we come in. Yeah, absolutely. I mean you point out some some
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good examples. They're depending on your
target market, depending on your industry.
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That makes a first and third party
data might be different, but you make
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a good point that they can really
serve to be complementary. You know,
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as I talked to a lot of
marketing teams aimy, it seems like,
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you know, the the brand team
is is focused on one thing. The
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digital team often has a lot of
that that data that can be leverage,
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but sometimes there's not that connection between
the digital team and the brand team.
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But I'd love to hear your thoughts
on what you see effective marketing teams doing
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to kind of bridge that gap so
that, you know, the data can
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inform what the brand team is doing
and across digital content and brand the teams
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can work together to, you know, leverage data and be more effective as
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they, you know, produce content
put it out there for top, bottom,
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middle of the funnel, everywhere within
everything that they're doing so many things
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at once, it seems like with
most of the teams I talked to.
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Yeah, absolutely, and you know
that's a good point. It's there.
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Certainly is a brand marketing team and
a digital marketing team, but it's not
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just those two teams these days.
It's also the e commerce team and the
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mobile APP product team. All of
those teams have to be working together to
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create the customer experience across up all
the different channels. Some mobile mobiles really
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shifted the way that people live their
lives. As you, as you probably
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if experienced, were who we seem
to be a touch store, mobile phone
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and you can purchase products, watch
videos, research, research information and communicate
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all from this in a very small
device. And brands need to have have
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a strong connection with customers via mobile
and an implement coordinated campaigns across devices and
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channel. So whether that's direct mail, TV, mobile and and and desktop
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display, so that touches more than
just, you know, just the marketing
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team. That touches, you know, the product teams that developed the mobile
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APP as well as as well as
your ECOMMERCE teams. So having all those
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teams interact with the customer, working
together to ensure that they're providing a consistent
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customer experience is critical, and then
also making sure that all those teams are
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collecting, the collecting and aggregating that
data in one place so that you know
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that customer, you know ABC,
has already been to a mobile APP and
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research something when they then land on
your website to you can you can give
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them a more tailored experience. It's
going to be more relevant to them because
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it really comes down to relevancy.
If you can't be relevant, it's going
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to be very hard to get your
customers attention. Imagine it, a spreadsheet
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filled with rows and rows of your
sales enablement assets. You've devoted two years
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or organizing this masterpiece, only for
it to stop making sense. This was
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Chad tribut goes reality. As the
head of sales enablement at D, a
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linkedin company, he's responsible for instilling
confidence in his sales reps and arming them
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with the information they need to do
their jobs. However, when his glorious
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spreadsheet became too complex, he realized
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Chad turned to guru. With Guru, the knowledge you need to do your
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job finds you. Between Guru's Web
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For Chad, this meant glent sales
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their jobs. See why leading companies
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get gurucom to start your thirty day
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empower your revenue teams. Yeah,
absolutely. I mean it's not only do
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I love, you know, free
to day shipping and now free one day
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shipping, often times from Amazon,
but the the their ability to show me
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things that are relevant to make holiday
shopping easier because I look at something and
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finding other things that are related or
suggested, you know, are oftentimes they're
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making my customer experience better and therefore, you know, more relevant, which
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is improving my customer experience. And
so, as you mentioned, just being
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attached to our devices and the other
things that we're doing. As consumers ourselves,
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can see that playing out. You
know this aggregating data across multiple functional
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roles and coordinating multi channel campaigns.
It seems like you know that coordination of
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data, content and there and the
actual efforts to execute those campaigns across multiple
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teams is something that, you know, just about every marketing team I talked
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to knows that they should be doing. Can you speak to some of the
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specific challenges that are holding some marketing
teams back from being able to, you
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know, more effectively leverage the data
across these functional groups run coordinated campaigns and
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what you see some successful teams doing
to overcome some of those challenges a me
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absolutely a lot of those challenges come
down to identity. Brand marketers need to
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connect the connected dots from all those
different channels and all their efforts. So
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we had experience are up actually helping
brand bridge mobile to other digital and offline
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attributes to help help uncover that you
know to be sixty degree customer review,
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which will lead up to more effective
marketing campaigns and campaigns to cross all channels.
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So we talked about how people consume
information on more devices and channels than
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ever before and in each of those
channels creates that digital that digital footprint,
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and while each so for it's important, it's only one piece of the puzzle.
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So you need to understand the full
picture and that requires a tremendous amount
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of data, often coming from multiple
sources, as you just as you just
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noted, the pro colliberation of devices
of Fort has forged need for marketers to
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improve that. Really their identity management
practices about our understand their consumers and deliver
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those relevant messages across those channels.
We had experienced recently launched farm marketing connect
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platform or helps businesses manage a wide
range of data types and sources, as
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well as remain compliant with privacy stand
verbs. So this platforms actually based on
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experience experienced wide identity platform is developed
by our centralized research and development group called
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Experience Data Lab, and they brought
in Ai and machine learning to address all
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these identity challenges. We recently launched
this and we have we have a number
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of clients using it. I can't
say specific names, but I will say
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that one example as a retailer that
was able to identify an audience to target,
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leveraging both our experience data as well
as their internal data. So they'll
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take their internal data on a specific
customer set that would be, say,
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interested in buying children's clothing, and
then we'll take that data and model at
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based on our audiences, they can
get a much bigger audience of to target.
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They would target that audience through addressable
TV, with messaging to commence so
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our stores about a sale they're having
on children's clothing. They would follow up.
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Then we digital and mobile messages targeted
too that same audience in those digital
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environments, which of course requires that
identity connection. And then and then leverage
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location be to the measure whether those
those individuals actually visited one of their stores,
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and that's that's that's an example of
a multi channel effort. Some channels
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are easier to to coordinate than others. It's much harder to do in channels
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where where you have you can't identify
the consumer as much, but with digital,
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mobile and addressable TV, which TV
is becoming much more addressable, much
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more data driven, you can have
coordinated messages there and then you know,
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measure the results. That's both in
terms of store visits and then ultimately transaction
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data. Yeah, I love that
example. So we talked about some of
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the challenges and how folks are overcoming
coordination. The other challenge I see with
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a lot of teams with their multi
channel efforts is then measurement, tying back,
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you know, looking at performance and
looking at okay, we where did
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this, you know, revenue actually
come from? where? What things influenced
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then? And there are all sorts
of attribution models we could you know,
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spends episodes and episodes on that.
But as we wrap her amy, could
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you speak a little bit to some
of the measurement challenges that marketing teams are
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facing and what they're doing to address
those. You know, very similarly as
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you did to the coordination on the
front end. Sure, absolutely. Yeah.
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If you can't, if you can't
measure your campaigns are really a disadvantage
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because you really need to understand the
Roy of your marketing dollars. And we
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also help help marketers with measurement because
that also can come down, really come
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down to identity as well. When
you think about what you really need to
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do is connect that exposure data,
so you know the Pixel and who saw
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it, add on a computer or
in addressable TV or on a mobile phone
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for direct mail piece, and then
and then understand what effect then that had
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on on a purchase. And and
I think measurement, I would say you
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know that there are there are companies
that have that direct transaction data that's easier
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to link and then there's other you
know, there's other companies that are,
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you know, one step removed and
that was that measure of a comes a
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little bit more different, more difficult. In general, there's going to be
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challenges on the identic front unless you
have a really strong identity partner to help
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you connect the dots on the exposures
versus the versus the transactions. We've been
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a experience, been a safe haven
matching partner for a lot of advertisers for
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many years. So we're able to
take their first party data and put it
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into a safe, clean room,
match it with, say, exposure data
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from the television providers and do it
in a privacy friendly way where that data
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doesn't need to leave. It doesn't
need to go from that first party then
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over to the you know, the
media provider, and that's helpful there.
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That's helpful there to have that trusted
their party to help you to that.
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Yeah, absolutely, coordination, measurement
of privacy throughout the entire process again another
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topic that we could delve deeper into. We may have to have you out
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on again a me to go deeper
there, because things are obviously have changed
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and are continuing to change on the
Privacy Front as folks look to leverage their
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data to develop more effective marketing campaigns
that are coordinated across channels that are more
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effectively measured on the back end.
AIMY for now. If anybody listening to
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this would like to ask any follow
up questions on you maybe go deeper on
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that topic a privacy or ask a
follow up question on something that you touched
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00:16:41.500 --> 00:16:45.580
on today, or just stay connected
with you in the experience team. What's
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00:16:45.620 --> 00:16:48.409
the best way for them to reach
out? They can go to audiences at
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00:16:48.450 --> 00:16:52.649
experiencecom. Easy enough. Well,
amy, this has been a great conversation.
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Thank you so much for joining us
on the show today. Thank you.
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Have a great day. We totally
get it. We publish a ton
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of content on this podcast and it
can be a lot to keep up with.
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That's why we've started the BTB growth
big three, a no fluff email
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that boils down our three biggest takeaways
from an entire week of episodes. Sign
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up today at Sweet Fish Mediacom big
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