Transcript
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Hi everyone, welcome back to be, to be
growth. My name is Olivia Hurley and
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today I am joined by Carrie Cunningham
where you are the senior principal in
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product marketing at six cents. I'm
thrilled to talk to you today because
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you shared with me the last time we
talked this really unique perspective
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in the way of A B. M. That I'm really
excited to impact because A B. M
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extremely popular. We hear a lot about
the front side of setting a strategy in
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motion, But I've heard hardly anything
about this, not only 30,000 ft view,
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but but the start to finish, um, motion.
And so I'm excited to unpack some of
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that with not only your experience as a
marketing practitioner, but as a
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researcher coming from forster, could
you share what you shared with me the
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last time we talked. Yeah, absolutely.
I love too. And thanks for having me
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today. So one of the, there's kind of a
misunderstanding in B2B today about uh,
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account-based marketing and and how it
came into being and what it's really
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supposed to be. And as you and I talked
about before, what's really true is
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that back in the old days, back when I
started in my career and B two B
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everything was account based because
nobody had any leads. And so if you
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were going to sell to a certain set of
accounts as an organization, you have
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to understand what that set of accounts
was. And then marketing's job was
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really just to create content and
things to enable sales teams to go
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penetrate those accounts. So back in
the old days, marketing and sales were
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pretty well aligned on what to do and
it was account based because there
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wasn't really any other options, So
we're not saying that's great. But then
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along in the late 1990s, early 2000s
came digital marketing and particularly
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when marketing automation came along a
little bit later on, we started getting
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this influx of inbound leads people
coming to our websites and filling out
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forms or responding to emails and in a
sense, the B to B industry kind of got
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drunk on that. I mean it was pretty
cool after struggling to just do
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outbound prospecting forever from the
beginning of time. Now you have people
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coming and telling you who they were
and what they were interested in and
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give you their contact information.
Pretty hard not to get drunk on that if
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you will and kind of over indulged.
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But what happened during the period of
time is that B two B organizations sort
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of forgot that the buyer would be to be
is not an individual person. You may
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get somebody to come to your website
from a target account, fill out a form,
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but they're very, very unlikely to be
acting alone. The research that we did
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at serious decisions in Forrester Show
there's something like between 85 and
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95% of B2B purchases are made by groups
of people acting together and the
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number that varies, there is really
just because if you're selling an
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enterprise solution to a company, if
you're selling something that's an
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important business system to an
organization of pretty much any size,
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it's going to be multiple people
involved in that decision making
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process, just like the simplest thing
that everybody knows intuitively. But
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when you think about how that works,
then when somebody comes to your
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website, if they're from a target
account, if they're actually going to
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buy something from your organization,
they won't be alone. Right? That's the
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key thing to understand about this, is
that person that you see filling out
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the form. If they don't come with
friends, their organizations not buying
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anything if they're the only one on
your website. They're curious, uh
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they're interested in your solutions
for professional reasons, maybe they're
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interested in the job or checking out
the competition to their own solutions
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or something, but they're not about to
buy anything. Now, it was very
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difficult in existing systems though to
see whether that's happening. So if
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you're relying on marketing automation,
typical marketing automation systems
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that most organizations use, you can't
see that there are multiple people from
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the same organization demonstrating
interest at the same time, leads come
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in, somebody fills out a form and you
may do some lead scoring if they
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consume a bunch of content, uh and then
you pass that along to an SDR B or
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somebody like that. And and and these
leads, these individuals just come in
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one at a time. And the thing that you
miss in that picture is, well, maybe
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you've gotten three or four leads from
the same organization just in the last
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couple of weeks
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and you'd like to think that somebody
along the way would notice that that
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was happening and we think to
themselves, wait a minute. You know,
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there's something happening in this
organization. We've got three or four
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leads. Unfortunately, just the opposite
happens. What happens most of the time
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in that circumstance is that the second
lead goes to the same PDR process, the
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first one. And let's say that the BDR
produced an opportunity for sales from
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the first lead that came in, they get
the second one, they look at it and
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they go, well, I can't get another
opportunity here because I just passed
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one along and sales is working on that
as a BDR s, I can't get paid now for
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working on that because I get paid for
producing opportunities. So to me,
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that's a duplicate lead, we already
have an opportunity for that. Uh, and
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then the third one comes along and the
fourth one comes along and the market
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all duplicates and off they go into the
ether, when rationally, if you step
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back and look at what's happening, you
be like your hair would be on fire to
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be like, oh my God, these people are
really interested, we need to make sure
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that sales knows about that, that
everybody takes appropriate action. It
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just isn't the way it works. And B two
B. Today. So you know, when you think
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about, you know, part of what the A B.
M. Movement and B two B was trying to
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do is correct for that. Just like, okay,
that's, you know, all of these leads
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are nice, but if they're not in the
right account, if we don't have
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multiple of them. But the problem then
is that the systems that are in place
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operate the same way that they do. So A
BM. You try your A B. M. Program, but
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if they're operating on top of the old
systems that you have just marketing
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automation, in sales force automation,
uh you're still not going to see that
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you have these multiple leads and
you're still relying on some human
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being to notice and then do something
different than what they would normally
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do sometimes happens, but most of us
don't want to run a company on that
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sometimes happens, right? Not really
what we want to have the organization
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based on. So that's what we're trying
to do is make it possible to see those
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find teams, those multiple individuals
and all of the various kinds of signals
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that they give off on the way to making
a purchase decision for their
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organizations. That's fascinating to me.
I'm super excited to talk about this.
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So, so right off the bat my questions
are around this lead scoring process.
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So In the 90s, I think you said lead
scoring is new. We all got drunk off of
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it. Um, well I was four maybe, so I
don't think I was people drug.
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Yes, I would have been. We've been so
excited. So can you share a little bit
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about what, why lead scoring was
inaccurate and some of those
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assumptions that it was based on? Yes,
sure. So you know, one of the things
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that, it makes total sense that when
you have people coming to your website,
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they start consuming content. You want
to see which ones are really interested
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in which ones are not. And that's,
that's why we have the scoring scoring
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is there to say, you know, it's just
the right kind of person that's part of
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the score and then are they
demonstrating a lot of interest or
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maybe they just came by our website by
accident. Now if you're a B2B
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organization, it's very unlikely that
people come to your website by accident.
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You know, your graphics aren't so great
that people are coming to come and look
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at what you're doing in that respect.
So it sort of made sense to say, well
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we want to ferret out the really
interested ones and make sure that we
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can see those and the way that we're
going to do that is, we're going to
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look at how much content a person
consumes on our website and if they
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consume a lot will score that and then
we'll send the ones that consumed a lot
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more content on to the rest of the
organization. Uh, that seemed like it
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made sense at the time. There is a kind
of logic to it. The problem is, I've
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never seen any evidence nor has anybody
else. I think That there's a
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relationship between how much content
one individual person consumes and
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whether their company is about to buy
something. So lots of people go to
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websites and look at content for lots
of different reasons. And some of those
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reasons have to do with being part of a
buying team. Many don't, most don't.
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And so most people are, they're just
looking at your content out of maybe
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some future interest. So past interest,
but they're not part of an act of
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buying team. How do you tell if they're
part of an act of buying team? Well,
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like we just said a minute ago, they
came with friends, right? So now if you
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had two people from the same
organization and they're both consuming
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a lot of content, that's a much much
stronger indication of their
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organization's interest than it is just
one person. And if you add a third
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person, you think, wow, okay,
something's really happening here,
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Right? So you can take that old lead
score that by itself doesn't actually
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mean much. And this is why marketing
and sales have been divided on this
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issue for so long. Marketing's been
saying, hey, here's this guy is
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consumed. A lot of content has a nice
title and sales has to follow up with
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that person when they do what they find
out is that person was just consuming a
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lot of content, not part of the buying
team. And so that's what we have to
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figure out. We have to figure out which
ones are actually part of a buying
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process and that's the one that sales
needs to focus on. Okay, so the buyer
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is not a person, an individual person
and and I love what you said to me last
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time you said the buyer is not an
account and I love that you said that's
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not as wrong, but it's well wrong. So
the buyer is now a group of people
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within an organization. So is the buyer
a department? Yes, that's a really good
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question and distinction to make. So if
your organization sells more than one
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thing, that means that the account is
not the thing that you actually should
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be counting, right? So if you sell
three different solutions and account
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represents three different
opportunities for you to sell something,
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three different revenue opportunities.
So if you're really trying to count
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what's going on in your data and how
you're doing in terms of converting
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prospects, what you really need to be
looking at is how many potential
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opportunities are there and how many of
those are converting now for most
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organizations? You might say well if we
have a solution for the HR department,
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we have a solution for the finance
department then you have two different
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buying centers is the term that we use
to different parts of the organization
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that that make their own decisions
about what to buy for their
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organizations, how to solve their
problems. And so really need to start
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counting is all right. How many how
many buying centers are out there? Um
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How many buying centres does each
organization represent? And then each
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buying center is going to have its own
buying team, its own team of people who
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are going to go out and solve problems
for that buying center. And you know it
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can be confusing sometimes because if
you're buying, if the HR department is
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buying a new solution, they're going to
have people from it on that buying team.
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All right. They're going to have people
from outside of that department. Um And
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so that guy's the head of I. T. Here is
going to look at solutions that the HRT
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advice that person might actually be a
prospect and on another buying team
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that you're interested in as well. All
right. So it gets complicated but
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that's the way it actually works. And
B2B and so the more that you can
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address that complexity, the more
accurate your go to market plans can be
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your measurement of what's going on and
all that can be.
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That's so Funny that that and not
surprising when you, when you explain
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it like that, that of course the buying
process in B to B2B space is as
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complicated and nuanced as like human
buying decision anywhere else. But so
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Clarification again, is it that the in
the B2B space, the buyer is no longer
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an individual person or is it that they
never were just an individual person?
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Great. I love that question because
people are very, People are very fond
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of saying now, Oh, the virus changed
and B2B
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I don't know that we know that, you
know, we didn't nobody kept track of
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how many people were involved even up
until very recently. But it's really
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unlikely that in the 1970s, if you're
going to buy an IBM mainframe, that
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there was one person making that
decision, I'm pretty sure there were
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dozens of people involved in that
decision for your company and the same
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thing all the way up through all the
way through the history of the baby. So
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I don't think in terms of whether it's
a team, a group of people working
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together. I don't think that's ever
changed. What has changed and changed
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for the really great for me to be
solution providers is that now we can
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see it. So now you have because so much
of the buying process happens digitally
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and when it happens digitally it leaves
a record. So now we have this kind of
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vapor trail of all of the activity b to
be buying teams, whether it's anonymous
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activity or they filled out forms or
something like that. Um and you can see
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it also now you can understand what
that actually looks like. What does it
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look like when one of our customers is
going out in the market to look around
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for stuff and what does it look like in
the middle? What does it look like at
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the end? How much content are they
consuming? Where are they going? That
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stuff was all invisible just a couple
of years ago, you preempted my next
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question and I think they're, I think
you'll probably reiterate some of what
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you just said. But I'm curious if
there's more mentioning that now you
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can just see that there are more people
involved in the buying process because
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of the information and the technology
but but was their research that you saw
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or were part of that proved that the
buyers no longer just one person. Was
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there ever like a watershed moment for
you in your career? Sure, Absolutely.
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So back in my days at serious decisions
in Forrester which were only two months
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ago, we did a lot of research around
the nature of the fire and what the
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buying process was like. And so we've
had research for years that have said
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that the majority of B2B purchases are
made by teams or groups of people, not
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individuals. And the most recent
versions of those research of that
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research would suggest that that
numbers, It's more than three people 85
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90% of the time. If you ask the buyer,
If you ask the seller, they'll say that
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there are probably more than five or 10
people involved 90-plus% of the time.
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Um and they, you know, you get
different answers from the too, so
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buyers will say who is on my team and
they say a slightly smaller number when
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you ask the seller, who did I have to
involve and who was involved in that
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purchase, they say a little bigger
number because they're thinking
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everybody probably, But whatever number
you look at, it's a pretty big number
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for purchases for an organization that
are more than about 250,000 annually,
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that number's certainly in double
figures and it may be closer to 20
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people involved. So you have your a B.
M. Strategy in motion now assuming, you
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know, you know, as just the like the
hypothetical marketer here and this
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just discussion, you know that your
your lead scoring, you've, you've kind
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of worked it so that you have what you
need in place for a really strong A B.
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M. Motion. Um One thing you said to me
the last time we talked was that a lot
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of people have a B emotions that are
set in place and they work really,
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really well. They start they attract
and go after target accounts. They
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bring multiple stakeholders to the
website to start consuming content. Um
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But that the reason their A. B. M.
Motion might break down later is
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because it worked initially. Can you
unpack with that what you meant by that?
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So there are a couple of different
things in there. So part of the reason
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that a B. M. Program would work and
really what it's designed to do is
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attract and engage multiple members of
that buying team. But also to if you've
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got the reason that somebody a company
would be in the Arabian program is
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likely that you can sell them more than
one thing and you want to cultivate
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that whole account and have multiple
cross sell up sell opportunities and
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that kind of thing. So a lot of
organizations went out and did a good
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job of selecting the accounts with
sales and marketing together and then
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going to attract and engage multiple
buyer personas. But then they built
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those programs right on top of that
marketing automation and sales force
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automation process that was there
before. And so even while they're
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attracting and engaging multiple buyer
personas, they don't really have the
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ability to see and report and act on
that. So that was still stuck there. So
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when you when you launch that program
you still may get a lip like you're
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focusing more marketing and sales
attention on a smaller more highly
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vetted set of accounts and that's going
to produce a better result than
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whatever you were doing before. So
that's great. But the problem is you're
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not going to optimize what you could be
doing unless you can see all of the
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results that are coming from those
accounts. So if you're if you're not
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taking advantage of all of the buying
signals, if you're not using all of the
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traffic on your website and the third
party intent plus the leads to focus
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your attention and make sure you're
working those highest propensity
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opportunities. You're still not going
to be really focused on that.
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We saw some research recently back and
forth or which showed that for the
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first year two of an A. B. M. Program,
marketing sales both agree that it's
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working and you see them their
satisfaction with the program going up.
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But after a couple of years, what you
see is sales belief that it's working
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start to go down while marketing's
continues to go up. And so you see this
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divergence in sales and marketing after
a little while and well, I don't know,
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we haven't been able to do the research
to understand precisely why that's
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happening. You can imagine that after a
little bit of time sales is still out
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there trying to figure out how to
penetrate accounts and all that
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marketing is now producing more and
more leads from the account, but
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without having the right machinery in
place, the right infrastructure in
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place to to see all of the signals and
to put them together in the right way
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and package those insights for sales.
Still not helping nearly as much as it
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could be. Hey everybody Logan with
Sweet fish here. If you're a regular
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listener of GDP growth, you know that
I'm one of the co hosts of the show,
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but you may not know that I also head
up the sales team here is sweet fish.
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So for those of you in sales or sales
ops, I wanted to take a second to share
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something that's made us insanely more
efficient lately. Our team has been
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using lead I. Q. For the past few
months. And what used to take us four
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hours gathering contact data now takes
us only one where 75% more efficient
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were able to move faster with outbound
prospecting and organizing our
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campaigns is so much easier than before.
I'd highly suggest you guys check out
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lead I. Q. As well. You can check them
out at lead I Q dot com. That's L E A D
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I Q dot com. All right, let's get back
to the show. Okay, so my question then,
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of course is how do you then propose
that the marketing and sales work
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together so that instead of that
satisfaction going down, it continues
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to rise and they're they're able to use
their technology and uh strategy to
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have a consistent A B. M. Motion. First
of all you've got to have a really
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solid system in place for identifying
that set of accounts that you really
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should be focused on. You know I. C. P.
Or ideal customer profile has to be
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agreed on. That doesn't mean that you
have to have a predictive analytics and
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Ai to figure out what that is. If you
know that you sell to 50 companies
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across the world you don't need a I to
tell you that. But what you do need is
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a really comprehensive way of seeing
all of the signals from those buyers
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that help you understand where to
prioritize your time. And that means
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one you need to be monitoring the
internet generally for digital signals
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about where those prospects you care
about our in market. So that means
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third party intent in the way most
people use that term. You've got to see
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that buyer behavior that's outside of
your digital walls. If you're a small
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brand you need that so that you don't
miss deals. If you're if you're a small
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brand in your space, it's very likely
that there are sales that are going on
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that you never even find out about
until it's over, right? And you've lost.
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And then if you're a big brand and you
know that everybody is coming to your
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website who might be interested. Now
you have to distinguish the ones who
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were there just out of curiosity from
the ones who are really in a buying
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process, and the way to do that is to
go look and see if they're looking at
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somebody else. Right? So, if you're a
big brand in the space, you want to see
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that this is a buyer that's looking at
your competitors and they're engaging
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with third party content on this topic
that can help you validate, yep, that
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activity I see on my website now is a
real buying process. So two different
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use cases, kind of depending upon what
your, what your market situation is.
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And then the biggest thing is you have
to be able to bring all of those
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signals together in one place. So, if
there's third party intent out there,
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There's anonymous website traffic, I
haven't really talked about that yet,
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but 95% of the traffic on your BDB
website is anonymous at least. Uh, and
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so you've got to understand what's in
there and then you've got those people
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who have filled out forms for events
for looking at content and all of that,
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all of those things, all of those
signals are flawed signals, if you take
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them one at a time, but if you put them
all together, you can get a really
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robust picture of which prospects are
actually in market what they're
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interested in and how to best engage
with them and then you've got to be
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able to use all that to present to the
folks internal, you're going to use it,
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one to focus your marketing attention
in dollars, let's put it where the most
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likely outcome is going to be good. And
then to enable the Sdrs and the sales
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people going forward so that they can
see what that prospect is interested in,
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can see what they've consumed,
understand which of the buyer personas
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are involved in those kinds of things.
So that's really what it is. Is being
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able to bring all of those signals
together in one place and make it
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consumable and usable for the revenue
teams as they, as they try to generate
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that revenue. So one thing you said
that I am fascinated by so mentioning
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the your prospect, first of all
anonymous website traffic, you need to
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be able to crack in and and get far
more insight from that. Um, so I want
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to unpack that a little bit more. But
before I, before I do that you, you
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mentioned that you want to know that
your prospect is, is potentially
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looking at competitors and that's a
really strong buying signal for you.
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I'm sure this is a question that most
marketing practices know the answer to.
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But how do you do that? There are a
number of providers of 3rd party
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intensive. So intense signals are
really just the record of which
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companies are visiting, which websites,
which publications, which social media
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influencers and all of those. So
organizations can tell from pixels on
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their website and other things which
companies are coming to visit them.
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There's a lot of technology involved in
trying to figure out where that
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anonymous traffic is coming from. And
that's something that some
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organizations do particularly well. We
think our organization does that really,
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really well and others don't. But you
know, when you think about the fact
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that 95 or so percent of the traffic on
your own website, if you're a B two B
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solution provider, almost all of the
traffic on your website is anonymous.
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And if you're like most babies solution
providers, you're not a household name
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for the general public. Uh, nobody
knows that you exist except
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organizations and people in those
organizations who have some
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professional interest in what you do.
Now, that doesn't mean that every one
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of those people come to your website is
a potential buyer, but it doesn't mean
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probably a substantial portion of them
are and it doesn't take many of those
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anonymous visitors to outweigh the ones
that you know about. Since you only
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know a couple of percent of those virus.
So we think it's just extremely
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important to do everything possible,
understand what's in that anonymous
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traffic. If I'm talking to a VP of
demand or CMO or somebody in that
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position, what I would say is you have
already paid for that anonymous traffic.
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You know, your, it's very difficult to
get people to come to your website and
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to look at your content. You spend a
ton of money on it. You've already
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gotten these folks who are their
anonymous there? They're already
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showing interest. You can't, and it's
not legal to track them by individual
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as an individual person and try to
figure out who they are, but you can
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certainly know what companies are
coming from. And when you think about
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it, if I've got just one lead from an
account that's not particularly
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interesting, that's what I'm saying.
But if you, if you know, in addition to
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that one lead that there's a bunch of
anonymous traffic this month from that
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same account and we don't usually get
traffic from that account, but now that
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account is on our website and honestly,
and we have a lead now, that's very
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interesting. And that's what's
important about seeing these signals
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together. None of the signals by
themselves are particularly good leads.
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Not particularly good anonymous traffic
by itself. Not particularly interesting.
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Even 3rd party intent by itself. Not
particularly interesting, but when you
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put them together, you can make
something very powerful to identify
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where you should be spending your time.
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That really brought together a lot of
things that I've heard, as I've talked
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to many marketing practices while
sitting in this seat that I'm in. And
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this is really like just solidifying,
you know, pillar that runs through so
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much marketing. That's really started
to make sense. Really thrilled about
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that. My, my curiosity is clearly a BM
is incredibly important going to be
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this thick vein through anyone's
marketing strategy. Are there scenarios
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where an account based marketing
approach isn't valuable? Yes. So if you
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sell to Companies of 1, 2, 3, 4 people,
something like that, Okay. If you've
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got a lead from one of those
organizations that plenty, you're going
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to look for three or four or five leads
in a bunch of anonymous traffic, that's
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fine. So if you're selling to very
small organizations than maybe I'm
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gonna lead based approach, we'll get
you the same thing essentially. That's
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really it for circumstances in which
the account-based approach isn't the
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right one wherever your buyer
represents is multiple people. That's
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really you should be taking what we
think of as this account based approach.
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So what results can people expect? And
I guess my my general question is what
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results have you seen with this? Like
start to finish a B. M. Approach? If we
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can get to reduce it down to just that
terminology for a second, what results
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will be seen? Well, you know, the
actual number is very of course a lot.
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But virtually every organization that
implements an approach that takes
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account of the fact that their buyers,
a team of people who allow, who enables
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themselves to see more of those signals
see substantial improvements and you
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don't actually have to do everything to
get improvements. And I think that's
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one of the things that's maybe the one
of the most important messages that the
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audience could here is that there are
small changes that you can make to, how
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your revenue teams operate today, that
will produce a big change in the
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outcome that they produce. And you
don't have to do everything now. But
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some of the things that are really
important to do, like seeing multiple
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signals together and seeing that buying
team signal are a big change to a
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company's process. So for instance,
what we'd really like to see is if SDR
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teams are trying to penetrate target
accounts, they absolutely should be
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going after multiple individuals. If
your outbound prospecting into an
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account, they will always be trying to
target multiple individuals. But often
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today, when we get a lead from one of
those accounts, the SDR will just call
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that one person, send them some emails
and if they don't respond, they say
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they're done with it, it doesn't make
any sense. Right? So, uh, here, here
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you have a target account where you
actually have a signal of interest
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already. So why would you not do your
best to penetrate that account? Now
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that you've already got that signal? So
just getting organizations to think
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differently even about that, if I get
an inbound lead from an organization
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that's a target organization, I got to
take an outbound prospecting approach
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to finding out what's going on there.
And so even that approach will produce
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substantially better results than the
ones that they're getting with the
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current process today. So, you know, we
see results in terms of pipeline
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generation that, you know, we're not
talking about small incremental
405
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improvements. It's not a 234%
improvement in many situations will see
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25 30 40% improvement. We've seen that
in clients going back to the Forester
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days just by implementing a small set
of the improvements, especially seeing
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additional signals and then operating
on them together.
409
00:30:39.140 --> 00:30:42.740
I love that if you, there's, you don't
have to do everything, but there are a
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00:30:42.740 --> 00:30:47.870
couple of things that you should do and
and that's that's probably most
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practically how it's going to start
anyway. Right. These small process
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improvements, these small adaptations
instead of turning over the whole apple
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cart. I'm curious too about just having
seen so much in the way of A B. M. If
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00:31:04.910 --> 00:31:10.760
there's ways that you've seen people
attempt or plan for a B. M. That's
415
00:31:10.770 --> 00:31:16.350
maybe incorrect. Or like a red flag,
maybe I can guess a couple of them
416
00:31:16.350 --> 00:31:22.540
already. Right? Not not noticing all of
the buyers signs or styling the intent
417
00:31:22.540 --> 00:31:26.700
signals, but but some may be thinking
some a little bit more about this
418
00:31:26.700 --> 00:31:34.100
processes and the domino effect of
Arabia. Sure. So first of all, if
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00:31:34.100 --> 00:31:39.070
you're in marketing and you can't get
your sales colleagues to engage with
420
00:31:39.070 --> 00:31:43.650
you and agree on the set of accounts
and the segments that you're interested
421
00:31:43.650 --> 00:31:48.500
in then don't bother. So you've got to
stop and reset and figure out how to
422
00:31:48.500 --> 00:31:52.050
make that happen? Because that's the
essence of it is making sure that
423
00:31:52.440 --> 00:31:57.870
wherever you're generating demand, it's
inside a set of accounts that sales can
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00:31:57.870 --> 00:32:01.320
and will go sell two, there's really
nothing more important than that. And
425
00:32:01.320 --> 00:32:05.290
if you can't do that, you can't move
further along. It's not really going to
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00:32:05.290 --> 00:32:10.280
help very much. The next I would say is
ensuring that you do see multiple
427
00:32:10.280 --> 00:32:14.610
signals and that what you're doing is
you're focusing the human beings in
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00:32:14.610 --> 00:32:20.760
your organization str salespeople on
that set of opportunities that is
429
00:32:20.760 --> 00:32:26.820
really going to be their best potential
set of opportunities to win. Not the
430
00:32:26.820 --> 00:32:30.680
ones that just show up or they look
best there. They have the best title of
431
00:32:30.680 --> 00:32:34.240
a lead that came in, but really where's
the opportunity that we have the best
432
00:32:34.240 --> 00:32:37.970
chance of winning and making a good
customer? And then the next is use
433
00:32:37.970 --> 00:32:42.520
everything that you learn in the top
end of the final to enable the SDRs and
434
00:32:42.520 --> 00:32:48.080
the sales reps lower down. So they need
to know for sales are up for SDR, their
435
00:32:48.080 --> 00:32:53.030
investment in an account that they're
going to go, try to penetrate. You know,
436
00:32:53.030 --> 00:32:58.760
it's, it's substantial. Takes a lot of
time. Takes a lot of energy. Uh, and so
437
00:32:58.770 --> 00:33:02.720
they need to understand when marketing
passes off an opportunity, Why is this
438
00:33:02.720 --> 00:33:06.910
a good one? You know, why? Why is this
11 I should go pay attention to and not
439
00:33:06.910 --> 00:33:11.740
another one. Why should I spend so much
time and energy and this potential
440
00:33:11.740 --> 00:33:16.790
opportunity as opposed to whatever else
I was going to do and marketing often
441
00:33:16.790 --> 00:33:21.650
thanks. Well we got our scoring down or
something like that. So sales should
442
00:33:21.650 --> 00:33:22.050
love it.
443
00:33:23.140 --> 00:33:27.280
Now. You've really got to go find out
from sales what's important to them to
444
00:33:27.280 --> 00:33:31.970
understand about an account and that's
what you ideally will give them Now. If
445
00:33:31.970 --> 00:33:34.580
that doesn't make sense of what they
say, it doesn't make sense. Then again,
446
00:33:34.580 --> 00:33:37.370
you have to go back to the drawing
board figure out why aren't you on the
447
00:33:37.370 --> 00:33:44.080
same page about what a really good
prospect looks like. I'm curious about
448
00:33:44.080 --> 00:33:46.940
many things as I said, but I'm
449
00:33:48.040 --> 00:33:55.150
with this philosophy and this oversight
of an Evan a BM strategy. Do you think
450
00:33:55.150 --> 00:34:03.670
that there's maybe a lack of knowledge
or true definition around a B. M. That
451
00:34:03.680 --> 00:34:08.520
that maybe causes less of this fully
fleshed strategy to be in place or is
452
00:34:08.520 --> 00:34:13.010
it is it that there is like opposition
from a different camp? Why do you think
453
00:34:13.010 --> 00:34:18.730
this maybe isn't a commonly held
practice? Well, I think there are a few
454
00:34:18.739 --> 00:34:22.260
one is just history. So you know, we
came through this period of time where
455
00:34:22.270 --> 00:34:26.409
everything was lead based and people's
understanding our understanding of
456
00:34:26.420 --> 00:34:31.080
what's good and what works is evolving
and so it's not a static thing and you
457
00:34:31.080 --> 00:34:34.520
can't just flip a switch and say, okay,
well we were doing that yesterday, but
458
00:34:34.520 --> 00:34:37.960
this is the right way today. This
doesn't work that way. Doesn't have a
459
00:34:37.960 --> 00:34:43.310
whole generation really of marketers
who were kind of brought into business
460
00:34:43.310 --> 00:34:48.260
and learn how to do things in this lead
centric world. And it's not an easy
461
00:34:48.260 --> 00:34:52.219
thing to say. But now we're going to
think about the world differently,
462
00:34:52.230 --> 00:34:56.350
right? You know, some people will get
that, but other people have to come
463
00:34:56.350 --> 00:34:59.900
along a little more slowly. Plus if
you're a big organization and your
464
00:34:59.900 --> 00:35:04.890
whole operation is set up one way, just
say, okay, but well now we're going to
465
00:35:04.890 --> 00:35:08.670
do it differently. I mean, you know,
people's livelihoods, their paychecks
466
00:35:08.670 --> 00:35:12.560
are at stake, there's a lot involved.
So that can be a big transformation.
467
00:35:12.560 --> 00:35:15.790
It's part of the reason we say, you
know, let's start with a piece of it.
468
00:35:15.800 --> 00:35:19.260
Let's make sure that we enable your
Sdrs to be super effective. Give them
469
00:35:19.260 --> 00:35:22.340
all the signals and the insights that
they need to be effective. We can go
470
00:35:22.340 --> 00:35:25.940
from there right now, if you're a
smaller organization rip and replace,
471
00:35:25.950 --> 00:35:29.120
change everything all at once, that's
fine. The bigger ones, you have to
472
00:35:29.130 --> 00:35:32.610
start a little more slowly. So I think
that's really where we are, is that
473
00:35:32.610 --> 00:35:37.920
we're in a period of time when we're
evolving that what is the best practice
474
00:35:37.930 --> 00:35:43.260
is changing as technology allows us to
do more things and we can't really
475
00:35:43.940 --> 00:35:48.650
underplay that because the technology
say five years ago, didn't allow you to
476
00:35:48.650 --> 00:35:52.170
do the thing. A lot of the things that
I've been talking about today, it does
477
00:35:52.170 --> 00:35:57.200
today. Big part of the reason I came to
six senses because they've got the tech
478
00:35:57.200 --> 00:36:01.270
that lets you do it. And so that's a
big part of it as well. I really
479
00:36:01.270 --> 00:36:07.130
appreciate how measured your approaches
to A B. M. And I appreciate that
480
00:36:07.130 --> 00:36:11.510
marketing allows for these incremental
changes and that there's there's so
481
00:36:11.510 --> 00:36:17.200
many ways to approach marketing and A B.
M. As it becomes increasingly popular
482
00:36:17.200 --> 00:36:21.530
at there's research and data to back up
that it really is one of the most
483
00:36:21.530 --> 00:36:26.270
effective approaches. I'm I'm I really
appreciate that your temperament on
484
00:36:26.270 --> 00:36:31.830
this is start small and grow and expand
and see those results that are that are
485
00:36:31.830 --> 00:36:37.160
so compelling for and that come from a
really strong maybe in motion. Yeah, I
486
00:36:37.160 --> 00:36:41.200
want to clarify one thing that you can
take an incremental approach to what
487
00:36:41.200 --> 00:36:45.660
you change, but when you change the
right incremental things, you can see
488
00:36:45.660 --> 00:36:51.470
next level performance and what we're
talking about is not Is not incremental
489
00:36:51.470 --> 00:36:55.540
improvement because that's that's
really, you know, what organizations
490
00:36:55.540 --> 00:36:58.600
have had over the last 10 years or so.
It's just an incremental improvement
491
00:36:58.600 --> 00:37:02.200
where 1% better this year than last
year, 2% better this year than last
492
00:37:02.200 --> 00:37:07.320
year, that's fine. But one or 2% better
than what you were five years ago if
493
00:37:07.320 --> 00:37:11.720
you're doing lead management, B two B
is not good. It's just really not good
494
00:37:11.720 --> 00:37:15.080
at all. And so the changes that we've
been talking about, seeing these buying
495
00:37:15.080 --> 00:37:18.570
signals, seeing the buying team moving
those things forward, you can make
496
00:37:18.570 --> 00:37:23.310
incremental changes saying how your
sdrs see and work with those, but that
497
00:37:23.310 --> 00:37:27.950
will produce beyond incremental
improvements in your performance. That
498
00:37:27.960 --> 00:37:34.070
is an excellent clarification. I'm so
glad you said that. I'm super excited
499
00:37:34.070 --> 00:37:37.400
for anybody who then try, goes and
implement some of what you're
500
00:37:37.400 --> 00:37:42.220
suggesting. If there was one thing that
you wanted marketing practitioners to
501
00:37:42.220 --> 00:37:45.560
take away from this episode and just
really kind of drive home, what would
502
00:37:45.560 --> 00:37:52.640
it be? Mm that was really hard. I guess.
What I would say is that there are lots
503
00:37:52.650 --> 00:37:58.970
and lots of different signals available
to help you understand which potential
504
00:37:58.980 --> 00:38:04.510
buyers and opportunities you should be
focused on and you cannot rely on just
505
00:38:04.510 --> 00:38:08.910
leads anymore. And but moreover, you
can't rely on just any one of those
506
00:38:08.910 --> 00:38:13.240
signals. You have to be able to see
them together and act on them together
507
00:38:13.250 --> 00:38:16.680
because any one of them is going to
lead you astray? Well, there you have
508
00:38:16.680 --> 00:38:21.320
it carry. Thank you so much for joining
me on B two B growth. How can listeners
509
00:38:21.320 --> 00:38:25.890
connect with you and learn more? About
six cents? Sure. Well, we're at the six
510
00:38:25.890 --> 00:38:30.030
ounce dot com. Pretty easy to find
their um, you can find me personally on
511
00:38:30.030 --> 00:38:34.620
linkedin, uh, and I'm relatively active
on linkedin, so very happy to have
512
00:38:34.620 --> 00:38:39.800
anybody uh connect there and comment on
what I've said. Tell me they think I'm
513
00:38:39.810 --> 00:38:44.740
full of it or have some idea to kick
around. We're always happy for that. Oh,
514
00:38:44.750 --> 00:38:48.330
man, that's great. Thank you so much
again for joining me on B two B growth.
515
00:38:48.340 --> 00:38:50.340
Yeah, Thank you Olivia and great, thank
you.
516
00:38:52.220 --> 00:38:52.540
All right,
517
00:38:54.620 --> 00:38:58.820
and sweet fish. We're on a mission to
create the most helpful content on the
518
00:38:58.820 --> 00:39:03.400
internet for every job function and
industry on the planet for the B two B
519
00:39:03.400 --> 00:39:07.440
marketing industry. This show is how
we're executing on that mission. If you
520
00:39:07.440 --> 00:39:10.930
know a marketing leader, that would be
an awesome guest for this podcast.
521
00:39:10.940 --> 00:39:14.480
Shoot me a text message. Don't call me
because I don't answer unknown numbers,
522
00:39:14.490 --> 00:39:20.970
but text me at 4074 and I know 33 to 8.
Just shoot me their name may be a link
523
00:39:20.970 --> 00:39:24.910
to their linkedin profile and I'd love
to check them out to see if we can get
524
00:39:24.920 --> 00:39:26.650
them on the show. Thanks a lot