Transcript
WEBVTT
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Welcome back to be to be growth. I'm Logan lyles with sweet fish media.
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I'm joined today by James Creech.
He is the cofounder and CEO over
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at Paladin. James, welcome to
the show man. We love to get
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to know our guests a little bit
at the open and something I think tells
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you a lot about a person is
what is on their home screen of their
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phone. What's on your phone right
now? Man, thanks, Logan.
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Excited to be here. Let's let's
take a look. I'm going to pull
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open my phone and see what's what
are some of the key APPS here?
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I mean all the basic utilities right
phone, Internet, messaging, books.
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I've been a joined a book club
during quarantine's reading a bit more, doing
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a lot of science fiction. We've
got spotify. Let's see, Uber,
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lifts, and then we just bought
a new house, so I've had the
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real TRAPP and Lupnet on the my
phone for a while. Makes Sense.
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We know you're, you know,
a music lover, a book lover and
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one of those folks who bounces back
and forth between the Uber and lift depending
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on what deal they have right that's
right in the same boat there, or
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which car is going to come the
fastest. Yeah, right, right,
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I'm going to test them out exactly
that. And then podcast. Of course,
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I've got my podcast APP on the
homescreen. To some I was going
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to ask if you listen in spotify
or if you listen in Apple podcast.
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You're an apple podcast user. Right, I am for the most part.
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You know, I have been listening
to more podcast and spotify recently and actually
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kind of like the interface. All
the front of my friends when they get
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in my car are just that blows
their mind that I listen to podcast at
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to x feed and now spotify has
three x feeds. I've been trying to
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work my way up to that.
I don't know if I'm going to get
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there, but your brain, your
brain of APP, so you can get
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to to x no problem. Yeah, it's interesting. I saw one of
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my favorite Ted talks is about how
to have better conversations from Celeste Headley,
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and one of the things she talks
about is don't let your mind wander when
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you're in a conversation, because our
brains process at about two times the rate
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of normal speech, and so I
was like, oh well, that makes
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sense. That makes us why I
can listen to audio books and podcasts at
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too x. Now I'm kind of
of a one point five to two axer,
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depending on the ratest speech of the
presenter or the author or the podcast
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host. Yep, but I have
to share that three x tidbit with James
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R CEO, because he's always pushing
the limits of how do I get more
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how do I get more content faster? There you go, spotify's got to
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cover I love it, man.
All right. Well, James, we're
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going to be talking about an area
of specialty for you and your team,
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which is be to be influencer marketing. Tell us a little bit about your
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journey and your passion for B Tob
influencer marketing and then I think we'll start
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the conversation with defining what really is
it today. So how did this become
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such an area of passion for you
and your team? Yeah, for sure.
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We'll just to give you a little
bit of a story. I started
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my career in Ad Tech Work for
a start up here in La for about
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two and a half years. After
that, kind of working with brands and
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media agencies on the BYSIDE, particularly
around video and social media, I went
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to the other side of the value
chain started working with people who are creating
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content. So, for the most
part, social media influencers who were building
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a career on Youtube, facebook,
instagram, you know, these new social
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platforms where anyone can be a creator, anyone could reach an audience, and
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so we were helping them think through
how you develop your career, how do
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you work with brands monetize this awesome
content that you're producing? But in the
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old days, quote unquote, six
seven years ago, we were doing everything
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by hand, right. How do
you find the right influencers, manage those
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relationships, run an effective brand campaign, report on that back to an advertiser?
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It was all spreadsheets, powerpoint,
email, right. And just out
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of necessity, we started building some
tools, tinkering, trying to find ways
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to automate processes that were just sucking
up a lot of time for us.
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And one they just kind of woke
up and realized we're not the only ones
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being in our head against this wall. There's there's got to be, you
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know, an opportunity here, and
so I teamed up with two partners.
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We Launch Paladin about four and a
half years ago, and the whole thesis
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is, you know, we're building
influencer marketing solutions for really catering to that
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supply side of the value chain.
Right there's a lot of companies in the
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space now. It's had a lot
of activity and excitement over the past few
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years. Many of them are catering
to the demand side. They're getting your
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brands of catering to media agencies.
Our core customers are influencer agencies, talent
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managers, creator networks, traditional media
companies, anyone who kind of creates or
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represents those on the content side.
So that's a little bit about Paladin,
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just how we got here in terms
of influencer marketing and, you know,
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be tob versus B Toc. You
know, we are our customer basis be
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tob. So it's an enterprise software
sale. We identify the customer need,
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we walk them through our solution,
we help them understand, you know,
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the Rli from from leveraging tools like
this, how we going to save you
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time, how we going to help
you win more business? And then they're
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paying us, you know, a
monthly fee or an annual love front based
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on an annual commitment. And so
while we are a B to be company,
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we work with customers that are either
bebb or BBC and in the influencer
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marketing space. BDC is probably more
common. Right. We're used to individual
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influencers promoting brands, right, a
lot of them consumer brands, with things
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that are very kind of BEDC.
But there be Tob influencer marketing is how
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can I be an expert or an
influencer that changes the opinions of people in
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the enterprise community? And we can
talk a little bit more about what the
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differences are with BBC and why.
You know, the platforms might be unique.
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But that's a bit of an introduction
and how we got here. Yeah,
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absolutely. So tell us a little
bit about what be to be influencer
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marketing looks like today, as you're
in the thick of it, connecting influencers
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with brands, and then kind of
how it got to where it is today.
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What sure was it look like today
and how is it kind of changed
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over the last five years or so? So it has has been a pretty
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gradual evolution and it hasn't just been
five years, right. It's been quite
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a long period of time. If
you think about a few generations ago.
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What was influential? Right, if
you were in the B tob space,
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how were you reaching, connecting with
and engaging the minds of your potential customers.
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At that time was probably books,
right, it was newspapers and print.
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Eventually that evolved into television, right, as a as a very rich
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medium for conveying ideas, and all
of these have had an evolution as the
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Internet emerged and connected more people.
It reduced those barriers that allowed anyone to
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create content, reach an audience monetize
that content. So the traditional gatekeepers have
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been eliminated, and that's as true
in v Tob as it has been in
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DC. Right, we think of
the success stories of okay. Now anyone
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can be a youtube creator and have
their own talk show, right, or
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anyone can be a podcaster and,
you know, replace radio. So that's
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it's certainly been true on both sides
of the spectrum. But I say,
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what is influencer marketing look like today? Well, with the advent of social
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media platforms, first you have,
you know, blogging, and then you
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had kind of websites, but social
media like twitter and Linkedin have created this
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these new platforms for B Tob influencers
to reach their audience. And you know
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the extensions of some of these more
traditional technologies, right, you have ebooks.
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Now anyone can be a self published
author and release an Ebook can convey
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their ideas, and similarly, people
can publish a podcast. I've been podcasting
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for five years and I've been doing
kind of about the same and it started
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because I was listening to a lot
of podcasts, love the format, was
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having a chance to interview some or
have conversations with people with really fascinating backgrounds,
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and I said I just want to
share this with more people, so
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I launched my podcast, all things
video. So you can see, even
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even in my career, that evolution
of you know, okay, I want
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to find ways to share stories and
and build a personal brand and perhaps,
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you know, find ways to influence
people or share, share the influential stories
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of others. Podcasting became a great
outlet to do that and me to be
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yeah, so let's talk a little
bit about some of the differences, because
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I think when most people here influencer
marketing, our mind goes to, as
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you said, those social media celebrities
or true celebrities, whatever the real meaning
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of celebrity is these days of using
air quotes, for sure. Who are
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just listening? Representing a direct to
consumer brand? What are some characteristics that
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differentiate the approach or just what it
looks like for influencer marketing in be toob
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versus for direct to consumer brands?
For sure. Well, the first piece
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to understand is the difference in audience. Right. So B Toc obviously targeting
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that consumer audience, individual users who
might be interested in your content or a
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product, whatever you're looking to influence. On the B Tob side it tends
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to be a smaller, you know, more homogeneous community of people that you
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want to to communicate ideas to.
Right. Maybe it's everyone in a particular
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industry. It's everyone who is relevant
to your core products or services. So
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understanding the difference in the audience is
the first piece, because that then influences
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which platforms are important for you.
Right. Where does that audience already live
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and for be to be? You
know in my experience in our industry,
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that tends to be on twitter and
Linkedin in. Twitter certainly does have more
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of a BBC approach as well,
but for things you know, like sports
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and politics and news. But if
you really want to be perceived as a
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thought leader, communicate ideas, comment
on things that are happening, twitter is
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a great microblogging platform to do that
and reach an audience and scale and has,
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you know, effectively possession itself as
one of those be to be thought
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leadership places. Similarly, linked in, right, it's probably the core of
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the dominant be the B Social Platform. Right, when you think about where
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are people engaging with colleagues, connections, professional relationships, Linkedin is the primary
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destination. I mean, it's probably
no accident that that Microsoft acquired the company
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and strengthened it's be to be position
of portfolio brands. It makes sense,
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right. And so for Linkedin,
you're already there to engage with people that
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you want to keep connected with,
share updates and news, and now influencers
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are, you know, communicating information
via updates, sharing links, presentations,
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you know, even doing video and
live streaming, which has become a way
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to connect with people. So that's
kind of the second pillar, right,
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which is where, what are the
platforms? Where are people today? Aside
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from the social platforms? Again,
ebooks and podcasts are are another area in
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which I think, people can publish
content and you can be influential. So
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those are really important to keep in
mind as part of the mix. And
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then the last piece is strategy.
Right. So the way that you engage
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a beb audience is very different than, you know, what you might do
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if you're just trying to entertain or
educate people in more of a BBC format.
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You know, not to say that
be to be content shouldn't be entertaining
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and perhaps educational, but I think
the approach is different. Right, the
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strategies you're going to focus on are
going to be more specific. I think
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you know, the number one thing
that we see works on these platforms is
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thought leadership and leading with value,
right, not just the old sales tactics
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of I'm going to talk about myself
all the time, but really highlight,
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you know, some of the key
trends happening in your industry. Create this
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persona and make sure that your constant
reflects something that people would actually want to
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read, so that when they think
of you know, things that are happening
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in your space, they associate your
name, your brand, with that and
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and then that's just going to,
you know, position you as an influencer
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so that when they have a need
for a product or service like that,
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you offer you'll be tough of mine, given you've been publishing valuable content that
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they've been seeking at anyway, yeah, so where I want to go from
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here, James, is really the
how it's usually my favor at part of
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these conversations and I love for my
own sake as a podcast host, because
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I get to learn how people are
doing things and share that with our listeners.
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And I've really got kind of three
remaining questions for you. How should
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a brand determine if influencer marketing is
going to be right for them as a
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be to be brand? If so, how should they get started? And
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then three, how should they measure
the impact? Let's start with the the
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first one, determining if, if
it is the right strategy for them.
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Are there certain characteristics that you look
at for a company to determine is influencer
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marketing the right fit for this bb
brand? So the key thing to start
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with is identifying your goals right,
understanding what are the Kpis, are the
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outcomes that we want to achieve,
and if those seem to align nicely with
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influencer marketing, whether that's building awareness, positioning yourself more as the thought leader,
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trying to even optimize for down full
metrics like conversions or sales or clicksto
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website, influencer marketing can be a
good fit, especially in a world in
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which people are just inundated with ads. A lot of the traditional or the
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older methods of reaching audience just don't
work or as are less effective than they
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used to be. So if you
think about the the client and print media
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or television and you you've embraced maybe
digital and that's worked for you and you
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want to lean into more constant marketing
or organic marketing formats, influencer marketing can
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be a great fit, whether that's, you know, working with influencers who
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already have an establish audience that you
know reach the people you want to connect
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with, or if you're trying to
build yourself as the influencer right, whether
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that's you or your brand. You're
trying to develop more influence on a platforms
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that we discussed. So start there. The next thing is test and learn,
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right I mean the kind of the
lean start, a model of take
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a small budget, take some time
and experiment, see if this is something
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that will work for your audience and
do some competitive analysis. What are your
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competitors doing in the space? If
they've tried influencer marketing and it's worked,
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maybe you can replicate that. And
there's some pitfalls you can avoid and maybe,
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if it hasn't worked for them,
identify, Hey, is our brain
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going to be something similar where we
can avoid that issue, or maybe they
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didn't execute on it well and now
this is an opportunity because no one else
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in our space is really taken to
to be to be influence marketing yet.
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So yeah, we're something right there, because you guys work with a lot
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of different brands and I think failure
often is the the gold where we can
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find the most valuable lessons are.
There's some common pitfalls that you see be
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to be brands kind of making their
first fora out into influencer marketing, specifically
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in be to be, that are
pretty common. What are some of those
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top mistakes or pitfalls that you're trying
to help your clients avoid right? Sure,
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yeah, it's a few things.
You know. Number one is really
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identify what moves the needle. I
think early in the early days of influencer
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marketing it was too easy to say, okay, well, let's let's get
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a lot of viewership and impressions and
engagements right and maybe these are the things
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that were important for our paid media
spends and we're going to try and see
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if we can replicate that with our
organic influence, our activities. At the
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end of the day, sometimes,
you know, those are just vanity metrics.
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Sometimes that's not what actually is going
to deliver results. So be very
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clear about okay, you know,
maybe these these top level metrics are valuable
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in some way, but we need
to ultimately that needs to boil down to,
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you know, an end result.
What is what is the marketing?
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What is it going to achieve for
us? That's number one. Number two.
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The other mistakes I think we see
bb brands make is is they try
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and jump into it without maybe doing
the homework or finding a trusted guide.
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If it's your first time out of
the gate, you know, don't try
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to do it all yourself. It
can be overwhelming. You don't know who
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maybe the right influencers are. Find
an agency that can guide you through it.
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There are dedicated specialist influencer agencies that
do incredible work. Many of them
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are are customers right we we try
to make their lives easier. So whether
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it's, you know, leaning on
an agency partner that has expertise or finding
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a software solution that's going to save
you the time and and you know,
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maybe to provide some of that expertise
as well is a great way to start,
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rather than just venturing out into the
Wilderness and, you know, spending
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a little bit of money or time
and it doesn't work and you know you
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get frustrated. Find someone who can
help you, you know, really be
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successful in this field. I love
but what are some of the the ways
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that you're advising your customers, or
your customers customers to find the right influencers?
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Is it all about reach, or
is it maybe a little bit easier
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in be tob because, like you
said, you're trying to reach a smaller
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niche and more targeted niche and you
know exactly who those people are right whether
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you're talking about Linkedin ads or just
organic linkedin content, there's just so much
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visibility into who your audience is.
What are the key characteristics? Is it
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all about reach? Is it the
right audience? Is it the right person
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that matches with your brand values?
Is it make sure of all three of
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those? How do you prioritize finding
that right influencer? I know it's a
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bit of a loaded question and you
got thirty minute answer. It's all of
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the above and more right I would
say it's really a blend of art and
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science. There's a component where the
data will absolutely inform who you're looking for,
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and that can be, you know, the the social metrics froms of
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followers and Prussians, reach engagement's right. There's a whole laundry list of valuable
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metrics that you can evaluate. But
at the end of the day there's also
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the kind of the qualitative human element
of does this person's values align with my
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brand? Do they's create the type
of content that will resonate with my audience?
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And so the way that we approach
it right and building software to help
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he's influencer marketing headaches is okay.
Number One. Can we can we take
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the data and eliminate the top part
of the funnel and just streamline what you're
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looking at so very quickly unqualify maybe
the types of influencers that won't be a
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good fit and then you can go
through and screen. They're still going to
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be that human review of okay,
does this content align with what we're looking
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for again to do? Does this
do the values and the the type of
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messaging that are evoked in the content
this this influencer creates? Does that map
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to how we want to portray our
brand. That's the best way to start.
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But, James, as we round
out the conversation today, are there
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any resources that you recommend consistently to
clients or your agency partners that folks who
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want to go a little bit deeper
in understanding be to be influencer marketing and
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what that would look like for their
brand? Any common recommendations, either books
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or podcasts or or blogs that you
follow that you would recommend to listeners today?
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Yeah, there are so many good
resources out there right. I mean
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it's hard to give you a comprehensive
overview, but I would say you know,
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certainly great podcast. I've been podcasting, as I mentioned, for five
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years all things video. I interview
thought leaders and experts in the digital marketing
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space and that certainly includes influencer marketing
but also extends to gaming and Esports,
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at music, anything in the digital
media sphere. So great way that kind
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of learned from other experts in the
category. Aside from that, the other
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there are some really smart people in
our space posting things on Linkedin. Big
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Fan of what Fil Ranta and running
Gahan Post around influencer marketing. I think
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they're some sharp voices on the on
the subject, people of course take to
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twitter and Youtube as well. You
can. You can follow some great content
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there. There are a number of
really good books and resources on the subject.
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You know, I guess the the
one that immediately comes to mind is
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for maybe a lay audience or someone
who's new to the space, and this
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is a bit more BC leaning,
but but Robert Kensel, the chief business
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officer of Youtube, wrote a book
called the Stream Punks, I believe,
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and it's all about the youtube kind
of revolution and how that then led to
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other social platforms creating these places of
influence for this next generation. So,
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you know, I would just seek
out a lot of great resources out there
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and and you know, hope that
that's useful for people listening. Yeah,
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absolutely. So we've got we've got
a book, we've got some folks to
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follow on Linkedin. If you miss
those, just hit the back button a
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couple of times, depending on which
player you're in, if that's the thirty
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second back or the fifteen second back
again. But thanks for those resources,
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James. If anyone listening would like
to reach out and ask any follow up
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questions of you or stay connected,
what would be the best way for them
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00:19:52.769 --> 00:19:55.359
to go about doing that. Is
that Linkedin? Is it twitter? What's
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00:19:55.359 --> 00:19:57.480
the best route to get in touch
with you? Yeah, Linkedin is far
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00:19:57.519 --> 00:20:00.000
and away where I spend the most
time. So feel free to connect with
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00:20:00.000 --> 00:20:03.079
me or follow me on Linkedin.
Again, maybe the podcast, so you
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00:20:03.119 --> 00:20:07.950
can subscribe to all things video for
for updates there. I'm not personally on
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00:20:07.990 --> 00:20:11.390
twitter. I probably should be,
but you know Mudicula. And then,
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00:20:11.789 --> 00:20:15.630
yeah, if you're interested to learn
more about Paladin, we're Paladin softwarecom.
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00:20:15.349 --> 00:20:19.750
Again, it's a Paladin, he
aladi and softwarecom and we also have a
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00:20:21.029 --> 00:20:25.180
social analytic school for publishers, Rans
and creators called measure studio, and that's
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00:20:25.220 --> 00:20:27.140
just measure dot studio. Another great
way just to learn a little bit more
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00:20:27.140 --> 00:20:30.140
about what we're up to and find
ways connect. I love it, James.
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Thank you so much, man.
It was great to get to know
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you here a few weeks ago and
great to connect again and share with listeners.
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Appreciate you be in our guest today. Likewise, Logan, it's been
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a blast. Thanks so much.
Hey, everybody, logan with sweet fish
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00:20:48.009 --> 00:20:52.640
here. If you're a regular listener
of BB growth, you know that I'm
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00:20:52.680 --> 00:20:55.559
one of the cohosts of this show, but you may not know that I
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00:20:55.720 --> 00:20:59.119
also head up the sales team here
at sweetfish. So for those of you
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00:20:59.400 --> 00:21:02.920
in sales or sales offs, I
wanted to take a second to share something
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00:21:03.000 --> 00:21:07.630
that's made us insanely more efficient lately. Our team has been using lead Iq
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00:21:07.869 --> 00:21:11.910
for the past few months and what
used to take us four hours gathering contact
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data now takes us only one.
We're seventy five percent more efficient. We're
321
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able to move faster without bound prospecting
and organizing our campaigns is so much easier
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00:21:22.099 --> 00:21:25.980
than before. I'd highly suggest you
guys check out lead Iq as well.
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00:21:26.339 --> 00:21:32.700
You can check them out at lead
iqcom. That's Elle a d iqcom.
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00:21:34.650 --> 00:21:40.569
Gary v says it all the time
and we agree. Every company should think
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00:21:40.609 --> 00:21:45.490
of themselves as a media company first, then whatever it is they actually do.
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00:21:45.250 --> 00:21:48.119
If you know this is true,
but your team is already maxed out
327
00:21:48.400 --> 00:21:52.119
and you can't produce any more content
in house, we can help. We
328
00:21:52.279 --> 00:21:56.240
produce podcasts for some of the most
innovative bb brands in the world and we
329
00:21:56.359 --> 00:22:00.910
also help them turn the content from
the podcast into blog posts, micro videos
330
00:22:00.990 --> 00:22:04.309
and slide decks that work really well
on linked in. If you want to
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00:22:04.309 --> 00:22:11.150
learn more, go to sweetfish Mediacom
launch or email logan at sweetphish Mediacom