How to Implement a Demand Creation Strategy - Sam Kuehnle
More and more marketers are embracing demand creation as a strategy, at least in principle.
But making a fundamental GTM change is HARD.
You need to build executive alignment, define new KPIs, identify how to educate your target audience, fine-tune your content engine, and a whole lot more.
As VP of Demand Gen at Refine Labs, Sam Kuehnle has been a big part of the movement evangelizing a shift from lead gen to demand gen and has helped many companies make the transition.
Now he's leading a similar shift as an in-house marketing leader.
We go deep into what it takes to actually implement this strategy in practice, go beyond leads, and deliver real revenue impact.
Thanks to Our Sponsor
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About Today's Guest
Sam Kuehnle is VP of Marketing at Loxo, the Talent Intelligence Platform. From working in-house at a publicly-traded company, to advising seed stage companies trying to figure out how to crack their first $1M in ARR, to everything in-between, Sam is passionate about learning and sharing better ways to do marketing.
Key Topics
- [00:00] - Introduction
- [01:37] - Sam’s marketing experience before Refine Labs
- [06:33] - Joining Refine Labs
- [08:11] - Refine Labs onboarding process
- [10:21] - A typical engagement + aligning with customer teams
- [13:36] - How to communicate a demand creation strategy
- [20:26] - Identifying the right mix of channels / platforms
- [25:02] - Leading indicators for demand creation
- [26:45] - Brand awareness vs. demand creation
- [31:32] - Evolution during Sam’s tenure at Refine
- [33:33] - The band-wagon effect and how to identify the best practices of tomorrow
- [35:11] - Joining Loxo
- [37:10] - Sam’s first priorities after going in house
- [41:38] - LinkedIn ad strategy
- [45:09] - Experiments with Connected TV
- [51:35] - ChatGPT as a marketing channel
Resource Links
- Sam's Marketing Meditations - Sam's Substack
Learn More
Visit the RevOps FM Substack for our weekly newsletter:
Transcript
Welcome to RevOps FM, everyone.
2
:Today we chat with Sam Keenly,
VP of marketing at Loxo.
3
:Sam's one of a handful of people
who I think is really rewriting the
4
:playbook for B2B marketing today.
5
:I've followed him on LinkedIn for
a few years now, ever since he was
6
:VP of demand gen at Refine Labs.
7
:And where Sam was really an important part
of that movement, evangelizing a switch
8
:from traditional lead gen approaches
in favor of a demand gen or demand
9
:creation strategy, which is something
I've really come to believe in as well.
10
:But you know, one thing I've always
been super curious about is what does it
11
:look like for a company to fully embrace
those strategies from the top down and
12
:really design their whole business?
13
:Marketing approach around them.
14
:You know, it's one thing to evangelize
a method as a consultant where you
15
:have a certain professional distance
from the company and authority that
16
:you bring as an external expert, it
can be quite another to lead that
17
:transformation from within a company
where you need to get fellow executives
18
:on board, figure out communication.
19
:Navigate all the challenges and
complexity that come with any
20
:significant strategic change like that.
21
:So Sam has been taking that
journey for the past year or so.
22
:And today we're going to dive
into his career as a marketer, his
23
:time at refine, and really go deep
into some of the super innovative
24
:work he is doing today at Refine.
25
:Sam, welcome to the show.
26
:Sam Kuehnle: Thank you.
27
:Appreciate that intro.
28
:Justin Norris: I don't always start the
beginning with everyone, but I think
29
:in your case, it kind of relevant.
30
:I'm curious what was your experience
like as a marketer before refined labs?
31
:Sam Kuehnle: What was my
experience like before that?
32
:Worked at a big publicly traded company.
33
:I was very low on the totem pole.
34
:So my point of view on marketing was
whatever I was told my point of view
35
:on marketing was supposed to be.
36
:it was a great experience overall.
37
:It was like, I got to learn how big
companies work, how marketing works.
38
:And this formulated a little
bit of, how you understand and
39
:learn things as time goes on.
40
:So I say there's three stages to it.
41
:Your first stage is you ask
questions and you get answers.
42
:The second stage is, you're a
little bit more knowledgeable.
43
:You give answers to the
questions that people are asking.
44
:Then the third stage is you start
to question those answers that have
45
:been given time and time again.
46
:And so where that stemmed from was when I
was at that organization for eight years
47
:and everything I got to experience at
all, I was like, I don't know anything
48
:about marketing, but let's go learn it.
49
:Then I got to start to do marketing
and people would come to me like,
50
:Hey, what's the best way to, get
some new leads, what can we do?
51
:And I'd start to, share, like,
here's what I've been told.
52
:Here's what I'm going to tell you.
53
:But what started to happen was I
noticed like things were a little bit.
54
:Different.
55
:They were changing with
the space and everything.
56
:And I started to hear more
and more of good idea, Sam.
57
:Now go sit down at the end of
the table and just be quiet
58
:while the adults talk here.
59
:They didn't actually say that
they weren't that rude, but we
60
:all experienced that as a kid.
61
:So my first few, Years there,
I was learning, I was doing,
62
:I was absorbing all in that.
63
:And then as time went on, I got to
take on more responsibility, AKA
64
:like, Sam, you need to start thinking,
you need to start making decisions
65
:versus just being told what to do.
66
:And this is where I really started
to see a disconnect between marketing
67
:success and then the lack of
that translating to the company.
68
:So what I mean by that is we would hit
our lead goals for the quarter, for the
69
:first half of the year, whatever it was.
70
:But then we noticed like.
71
:why are our company
pipeline targets short?
72
:Because if we built this
perfect funnel, then.
73
:X number of leads should mean Y amount
of pipeline Z revenue for the company.
74
:Everyone's good, but
something wasn't working.
75
:And that's why I started to think
more and more like there has to be
76
:a better way of what we're doing.
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:And it's not, these linear
retargeting funnels, click on that
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:one, you're going to be served.
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:Add to click on that too.
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:You're served at three.
81
:All of a sudden this person's ready to
be talking to sales and MQL chasing.
82
:So that was the beginning of the
journey, so to speak before refined
83
:labs even entered the picture.
84
:Justin Norris: And it sounds like
you alluded to this to some degree,
85
:but at that company where you
had a fairly significant tenure.
86
:Were they just using the kind of
traditional lead gen, you know, what MQL
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:hamster wheel quote unquote approach.
88
:Sam Kuehnle: it was best
practice playbook at the time.
89
:It was like the serious
decisions, waterfall, all of that.
90
:the company was following exactly
what the board wanted to do.
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:Leadership wanted to do.
92
:It was no, if I was in that
position, I was in leadership.
93
:I probably would have been
saying, this is what we should
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:be running for the best results.
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:Like no one really knew there
was a better way at the time.
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:Justin Norris: To recap that
for those that, may not know
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:you collect leads, score them.
98
:Them to some sort of sales.
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:team And then chase them down And probably
too much to ask but like what were the
100
:conversion rates like at that time?
101
:like lead to opportunity
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:Sam Kuehnle: I was so far removed
from that and underpaid to
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:even care about those.
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:Yeah.
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:My job is really just get as
many of these as possible.
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:I can tell you our cost per leads.
107
:I was getting 40 cost per leads.
108
:click to conversion rate was what I was
emphasizing on because it was all that.
109
:But how do you define lead at that point?
110
:And for me, it was get someone
to sign up for a webinar, get
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:someone to download an ebook.
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:So is it a qualified lead?
113
:Is it someone who's just got
a little bit of interest?
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:That's where it was all different.
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:But I mean, I can't imagine what the
conversion rates were from lead to, I
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:guess, then it depends on like, what
do you want to convert that to, to just
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:opportunity being created, a qualified
opportunity, but I could probably
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:tell you it was less than 5 percent
to qualified opportunity from there.
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:Justin Norris: just pulling on that
thread because it alludes to something
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:interesting in a large enterprise
there can be like significant gaps
121
:between like what you're doing in
this part of the assembly line process
122
:and what's happening down there.
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:Was that lack of visibility, concerning
to you as a marketer, or was it from a
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:leadership point of view, Sam, keep your
head down, like generate the leads and
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:let sales kind of work it out down there.
126
:Sam Kuehnle: I think I was so
young in my career at that point,
127
:I wasn't even thinking about it as
more, I need to be here at nine.
128
:I get to leave at five.
129
:What are we doing this weekend?
130
:And it wasn't until later that I
really started to enjoy and think
131
:more methodically about marketing
and its impact to the company.
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:Cause we were very much siloed.
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:Marketing needs to produce
X amount of pipeline.
134
:Sales is going to produce
Y amount of pipeline.
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:Partner resellers is going to
produce Z amount of pipeline.
136
:Everyone lived in their own little
bubble and there were so many of us
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:contributing to just that marketing part.
138
:I never went higher to look at
like, what's this doing for the
139
:business impact or anything?
140
:It was very much, if I want to keep my
job, I need to hit the specific goal
141
:that I'm given in my tiny little role.
142
:Justin Norris: Make so
many widgets and then
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:the widgets disappear
144
:Sam Kuehnle: Is that the best way?
145
:No, probably not.
146
:But I always say the only failures
are things you don't learn from.
147
:Like looking back on that experience,
like I've learned from it and I
148
:know, what to expect of the team
and how to go forward with it.
149
:But it was definitely a
good career lesson for me.
150
:Justin Norris: at some point you made
this jump and joined refined labs.
151
:I think it was only about like a year
or so old at that point the agency tell
152
:us about that transition, what made you
think even about heading in that direction
153
:and how you got on board that train.
154
:Sam Kuehnle: honestly, it was pure
luck, right time, right place.
155
:That was when I was starting to think
beyond what's this disconnect between what
156
:I'm doing and the company missing things.
157
:I was getting irritated
with those a little bit.
158
:And I came across one of Chris's early
posts on LinkedIn and I commented on it.
159
:I had no LinkedIn presence at that time.
160
:I wasn't active on there.
161
:But he did this amazing thing.
162
:He commented back and it
continued that dialogue.
163
:And to me, I'm just like, Oh my
God, this is a guy who gets like
164
:hundreds of likes on his posts.
165
:And he replies to me what world is this?
166
:And so I was like, that's interesting.
167
:I started to read some more of his
posts, got a sense of his philosophy.
168
:And that was the aha moment for me
where I was like, he's putting into
169
:words, the things that I was kind of
feeling where the disconnect that I was
170
:experiencing as a lead gen marketer.
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:And so I saw they were hiring.
172
:I put in an application The
rest was history from there.
173
:Justin Norris: I remember the first
post Chris wrote and he was just
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:hammering on marketing attribution.
175
:I think it was one of those ones where
he said that it's cracking like cheap
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:glass And I was like, that was my job
to implement marketing attribution
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:technology and, had took a professional.
178
:Pride and what I was doing But I really
did consider it like a sort of emperor
179
:has no clothes moment where like somebody
had to call out and say hold on a second,
180
:not everything is working the way that we
think it is or that everybody says it is.
181
:And that's obviously part of the appeal.
182
:And the power of that message
that I can cut through and be
183
:distinctive and be provocative.
184
:Was there an onboarding into that
mindset and methodology once you joined?
185
:Or was it sort of like, here's
smart people, let's go out and
186
:figure things out in practice.
187
:Sam Kuehnle: that's a good question.
188
:A lot of it was vetted and their
interview unique interview process
189
:that I actually, I loved and have
learned from and taken moving forward.
190
:But early on the first.
191
:Couple of stages aren't so much
like your traditional, like, tell
192
:me about your biggest strength.
193
:Tell me about your biggest weakness.
194
:It was him probing to see, do you
understand this new philosophy
195
:that we're starting to notice?
196
:And more importantly, like critical
thinking, are you able to think beyond
197
:and just not just get a data point
and say this, or like thinking about
198
:attribution is the right question.
199
:How much should we be assigning
to the specific touch point?
200
:Or is it.
201
:Should we be understanding what
collectively helps us grow as a business
202
:and understand those levers so we can
raise and lower them specifically.
203
:So it was a lot of looking for those
types of insights and like you, like
204
:I'd worked to help implement visible at
that organization that was at before.
205
:So I knew all about that and
everything was set to what's the
206
:exact ROI on this paid search keyword.
207
:What's the exact ROI on this
Facebook ad or anything else.
208
:So, it was really.
209
:Interesting to go into that
with Chris and a lot of it then
210
:became He had the podcast, you
know, are you listening to that?
211
:Do you agree with a lot of what he
says and this isn't him trying to say
212
:you need to agree with me but It goes
back to the Ahama when I was talking
213
:about a little bit ago, when he started
to put into words, similar thoughts
214
:that I'd had, but I couldn't quite
verbalize in a way that connected a lot
215
:of dots for me to be able to speak to.
216
:It's like, okay, I totally get it.
217
:And I can't force people through a funnel.
218
:A lot of people are in active contracts.
219
:They're not looking to move.
220
:You're targeting the wrong
person, but what happens if
221
:you just get ahead of them?
222
:So when they are ready to buy.
223
:you're not doing that with eBooks.
224
:That's not what they care about.
225
:Or if it is, give them the eBook.
226
:You don't need to gate it and
capture their information.
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:Zoom info is out there now.
228
:You can go get their contact for 3 cents
instead of spending 45 for a conversion.
229
:So a lot of it was just kind of seeing
and reconciling how do we buy today and
230
:taking it from a common sense approach.
231
:And I'm just saying, if I was the end
user, what would I want my experience to
232
:look like if I were being marketed to, to
buy that product or to buy that service?
233
:Justin Norris: What would a
typical engagement be like for you?
234
:Was it coming in?
235
:Very holistically understanding,
the customer, the ICP and like
236
:building something, or do people
bring you in more or tactically
237
:to solve some specific problems or
what was their typical engagement
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:Sam Kuehnle: it was a mix.
239
:So the typical engagement
would be usually we'd have.
240
:Customer come to us or future customer
come to us where there's a couple of
241
:key champions who recognize like our
current way of marketing isn't going
242
:to continue to work moving forward.
243
:We recognize the future.
244
:We either are a startup and we
don't have the resources to scale
245
:this appropriately in terms of
like, we can't do the executing.
246
:We.
247
:Have the leadership who wants to do
it, but they don't have the knowledge
248
:and experience of what exactly needs to
happen to write that playbook, to equip
249
:the team, to build the content engine,
to be able to move forward with it.
250
:Or we don't know how to sell
our leadership team on it.
251
:Like we know this is the way, but
sometimes you need that third party
252
:validation almost to say, it's
like, it's not just me who thinks
253
:this is a larger movement overall.
254
:So.
255
:One of those three scenarios were the most
common ones that we would come up against,
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:and that's where we'd then work with them.
257
:And loved our few champions that
we'd have, but it was completely
258
:unrealistic to ever expect to have
a prospect come to us where 10 out
259
:of 10 people on that team were fully
aligned with what we wanted to do.
260
:We usually had to Sell them for
lack of a better term to understand,
261
:like, what is this approach?
262
:Why are we taking it?
263
:Why are we recommending it?
264
:And you have to get their buy in with it
because if they are not philosophically
265
:aligned with it, two months down the line
or even two weeks down the line, they're
266
:going to say like, where are the leads?
267
:What's this going on?
268
:Like, why aren't we hitting those things?
269
:And you're going to be back to step one.
270
:And you can't straddle that line.
271
:Cause you're going to be
splitting your resources.
272
:You're not going to be able to go all
in on this demand gen strategies, which
273
:is more or less like you have to jump
in with both feet if you want it to be
274
:truly effective, because if you keep
doing the lead gen, then you're going to
275
:have half this stuff going over to sales.
276
:And they're just like, why
do I keep getting these?
277
:Crap leads, but then they're not going
to be able to recognize, well, what was
278
:the ebook download lead versus what's
the person who came to the website and
279
:said, like, I know what you all do.
280
:I have this problem.
281
:I want to talk to sales right now.
282
:They're not going to know that.
283
:And they're not going to follow up.
284
:They're not going to trust
marketing like they always do.
285
:So that's just one example of the
disconnect that needs to happen.
286
:So working with them to get full
alignment from the top down, and then
287
:start to say, here's the playbook
that we're going to run with you.
288
:We're going to help you
define your audiences.
289
:We're going to help you understand where
they spend their time, because yeah.
290
:While this client might be
doing great on LinkedIn.
291
:So for example, we market to recruiters.
292
:Recruiters have to use
LinkedIn all the time.
293
:Like it's a very easy channel for us to
leverage, but I've worked with companies
294
:that sell to engineers, programmers,
developers, they're not on LinkedIn.
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:You've got to go find ways.
296
:Like, how do we get onto GitHub?
297
:How do we get onto Reddit and YouTube and
those other places where they spend time?
298
:So that's where you take this overarching
philosophy of how do we get in front
299
:of the people we want to educate
them, help them, give them value.
300
:So when they are ready to
buy, they'll come to us, then
301
:we go and help them plug in.
302
:Okay.
303
:Here's your audience.
304
:Here's your message.
305
:Here's the mediums.
306
:Here's the content types that you want to
use and help them start to piecemeal that.
307
:And then either from there we'll execute
for them or we'll give them a playbook.
308
:They learn it nine months later.
309
:They're like, we've got it.
310
:We're going to build the team
in house and take it from here.
311
:So a couple of different choose your own
adventures within how all of that worked.
312
:But I'd say 95 percent of our
engagements looked like that.
313
:Justin Norris: and a lot to unpack
there, but let me push on the
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:button around communication first.
315
:And we've had a few
offline chats about this.
316
:It's something that's very
top of mind for me right now.
317
:One of the things I've reflected on is
that it's this weird paradox that basic
318
:marketing sounds sophisticated to non
marketers or even some marketers like,
319
:Oh, look this keyword got us, I use
it like a million dollars in pipeline
320
:that sounds like very sophisticated,
very almost finance level hardness in
321
:terms of the data, people like that.
322
:They're like, Oh, this person's got
their act together, even though it Is
323
:a gross oversimplification of reality.
324
:It doesn't actually Make
sense in the real world.
325
:Whereas if you're like, oh, we're
gonna pursue this multi channel demand
326
:creation strategy and engage our target
audience and they're going to come to
327
:us when they want to buy To like, you
know, imagine delivering that message
328
:out in all hands It feels fluffy.
329
:to the people on the engineering team
the people on the finance team listening
330
:They're like, oh, it's just marketers
Head in the clouds, thinking they're
331
:waving their magic wands, even though
that's actually the more realistic and
332
:sophisticated approach to marketing.
333
:your clients?
334
:How did you come in and try to
present that in a way that had the
335
:like credibility and hardness to
it that you needed to get by him?
336
:Sam Kuehnle: So a lot of it
stems from expectation setting.
337
:And so I like to do that in two ways.
338
:And This is something that takes time.
339
:You're not going to be able to hash all
this out in a 30 minute meeting with them.
340
:You have to go in a
couple of different steps.
341
:So the first part of the expectation
setting is getting them to
342
:understand where you're coming
from with this new direction.
343
:So the first thing I'd like to do is,
you're in the room you've got your
344
:couple of champions in there and then
you have, the CEO, the CFO who needs to
345
:sign off, the sales team members who are
like great, another marketing agency.
346
:And what I like to do with them
is I just say right off the bat.
347
:Would you rather you've got two
options, hit your lead goal, miss
348
:your revenue target, or would
you rather miss your lead goal?
349
:Hit your revenue target.
350
:Let them think on that for a second.
351
:99 percent of business leaders, if
they're in a business leader position,
352
:they're going to say revenue target.
353
:Absolutely.
354
:Like that's what keeps the doors
open at the end of the day.
355
:That's what keeps us alive.
356
:So I'm like, okay, good.
357
:That's what we're focused on.
358
:And for anyone who, you know, Somehow
finds that 1 percent of people are like
359
:hit the lead target, like run fast.
360
:That's a sinking ship.
361
:You're just going to
want to get out of there.
362
:And so the purpose of that is one
to get them to align on what is
363
:our focus with this engagement?
364
:Is it leads or is it revenue?
365
:Okay, cool.
366
:We are aligned.
367
:We're focused on revenue.
368
:The next question I would like to
ask is I'd look at the CEO, the CFO,
369
:someone and just say like, Tell me
about the last purchase that you
370
:helped to make within the organization.
371
:How'd you go about it?
372
:What did the experience look like?
373
:Tell me about the whole journey.
374
:I really want you to think
about it and be detailed.
375
:So I'd go through it, give them a second.
376
:I'd say, well, you know, I had
a peer who told me about it.
377
:And then one day I was on LinkedIn.
378
:I saw a post from their CEO or,
you know, a team member shared
379
:the CEO's post in our Slack.
380
:Listen to a podcast with.
381
:this other company that I
admire recommended this product
382
:or said that they use it.
383
:I saw an ad on LinkedIn one day.
384
:I clicked on a Google ad when I searched
for like best software in X category,
385
:and the intent here is you're going
to see those last couple examples
386
:are very much trackable, traditional
marketing efforts, but the first three.
387
:Those are not trackable by any means.
388
:And those usually carry a lot more
weight because if you don't know
389
:that company, you're less likely to
click on that ad in the first place.
390
:But if you have a peer saying like,
go check them out, you hear someone
391
:on a podcast and you get to understand
the CEO's point of view of the
392
:software that you want to buy, and
you're like, yeah, that makes sense.
393
:I'm aligned to it.
394
:Those all.
395
:Influence the fact that you'll probably
be much more likely to engage with some
396
:of those other ads or items later on.
397
:And so all this to say is you have
to do all of this in aggregate.
398
:We're creating an ecosystem here.
399
:There's no linear path to purchase.
400
:There's so much untrackable
things that we need to do.
401
:And this even goes back to a Bain
study that very rarely do I say like
402
:Bain studies, Forrester reports,
any of those, like there's a lot of.
403
:Stuff in there that I'm, you know, I
take away the grain of salt, but this
404
:one was absolutely spot on where it was
saying four out of five companies go
405
:to market and they already have a short
list of vendors in mind for a software,
406
:for services, something like that.
407
:And when they go finally do
make that final purchase.
408
:90 percent of them pick
from that day one shortlist.
409
:So that tells me everything
you need to know right there.
410
:How do you get on that day one shortlist?
411
:That's your best odds.
412
:If you're fighting for that 10%, one
out of five, that's what, 5 percent
413
:of things that you can possibly win.
414
:That's the smallest slice
of pie that you could get.
415
:So that's what we're going after
is the long tail of the market.
416
:it's going to suck for the
first couple of quarters.
417
:Cause we have to build up this snowball
before it can start to really be big
418
:and have this momentum behind it.
419
:But if we don't do it.
420
:what happens to us if we keep
doing what we've been doing.
421
:And that's where I like to try
to say like, okay, let's map out,
422
:keep this strategy right now.
423
:Let's go do it down 12, 24, 36 months.
424
:It's going to get more expensive.
425
:The point of diminishing returns
is going to come into play.
426
:We're going to keep scrapping
for this part of the market.
427
:If we go this other route, we're
going to get ahead of the market.
428
:We'll have more people who are
aware of us who want to buy from us.
429
:And what happens if our competitors
start going that route too?
430
:Then that 5 percent slice of pie
just became probably smaller.
431
:So there's a lot within there.
432
:And that's even before I start to
get into the next stage of mapping
433
:expectations, but want to stop there.
434
:Just, I know that's a huge part of
the process that I can quickly tell
435
:if they're bought in and understand
that first part, if we're going
436
:to be successful as time goes on
437
:Justin Norris: That makes a lot of sense.
438
:And the example of like bringing
it back to your own experience.
439
:. I think that's really powerful
because all of us to some degree.
440
:Imagine like prospects as sort
of these alien beings that work
441
:differently than we ourselves do.
442
:And yet when you put yourself
in those shoes, you're like, Oh,
443
:actually they're just people like me.
444
:They, they, they.
445
:They.
446
:Are influenced by different things
like I am what would you say?
447
:Your success rate was in terms of
delivering that message and having
448
:people be like, oh, okay Like sam
knows what he's talking about.
449
:Like did you just have
people who are like, sorry?
450
:No, This is garbage.
451
:I don't believe it
452
:Sam Kuehnle: it usually landed well.
453
:90 percent of the time, everyone
was in the room nodding, agreeing.
454
:The people who didn't right
off the bat were usually those
455
:who felt threatened by us.
456
:It was a large demand marketer
who run the old playbook.
457
:And that was all that they knew.
458
:And we would always come on and say
like, we don't want to replace you.
459
:We want to teach you so you can do this.
460
:And we can, you know, wipe our
hands clean of it in a year or two.
461
:You know what to do.
462
:You can run it.
463
:So that was the immediate ones.
464
:It was usually later on down the line.
465
:We saw this with a lot of VCP
backed companies where the team
466
:in the room understands it.
467
:But a quarter later, two quarters
later, you've got the board saying you
468
:signed up for these nominative goals.
469
:We're running a predictable revenue model
and you're, you guys are short on this.
470
:They don't understand
the philosophy behind it.
471
:So if the CEO and CFO couldn't
effectively communicate that to the
472
:board, that's where we later got into.
473
:Difficulties where they might
want to, take a few steps back.
474
:We have to do this.
475
:We have to please the board.
476
:We have to bring in some more leads.
477
:can we split this up?
478
:Can we do something
different with the budget?
479
:And that's where it get a
little bit tricky sometimes.
480
:Justin Norris: i'm curious when we Talk
about that mix and you alluded to it a
481
:little bit with like some of the different
personas and where they hang out When I
482
:think of Demand creation like my first
model for it is what you yourselves did
483
:at refined labs You had your thought
leader Chris as well as yourself and
484
:other people like Sydney and folks that
I was familiar with on LinkedIn You had
485
:dimension live your event That you drove
people to mainly from LinkedIn and then
486
:you chop that up and then those videos
like fed back into LinkedIn That was like
487
:one way of doing it that worked obviously
really well, but it doesn't apply to every
488
:single business, every single market.
489
:How did you go about defining like the
demand creation mix, if we can think about
490
:it like that way, organic and paid and
what ecosystems are you going to play in?
491
:And how did you just go from blank page
to figuring out what that should be?
492
:Sam Kuehnle: So first thing I'd
always say, especially with a lot
493
:of startups is you can't spend
your way to product market fit.
494
:Demand creation works.
495
:Once you know who your audience is.
496
:You're not just your audience, your
ICP, who are your ideal buyers?
497
:You have a good message in
place that lands with them.
498
:Your offer is dialed in, you know, what's
the market willing to pay relative to
499
:the value that they'll get out from it?
500
:Man creation works really well.
501
:Once those are all set.
502
:So this is usually series B plus,
we were trying to figure out our
503
:own product market fit early on.
504
:And we worked with a couple
of seed stage companies.
505
:I remember.
506
:Laughing after a call one time when one of
the organization was like, I don't know.
507
:Sometimes I just, look off around my house
and think of different use cases that
508
:I could use this software for, and I'm
like, okay, they have no idea what their
509
:use cases, product market fit is yet.
510
:And absolutely phenomenal company.
511
:I loved working with them, but as you can
imagine, our time was limited because.
512
:They kept adding more spend, but we
weren't seeing bottom of the funnel
513
:results because it's like, well, we
were trying to spread everything.
514
:So thin to figure out what
message even works, what audience
515
:should we be going after?
516
:What part of the product
is most appealable.
517
:So that was one part of it.
518
:And then that then feeds into
the organic and paid side.
519
:So It's distinguished by who your
audience is, where they spend their time.
520
:So LinkedIn for us worked really
well because where do a lot
521
:of marketers spend their time?
522
:If they had to go and pick between
Facebook, Instagram, LinkedIn, Reddit,
523
:Quartz, whatever, you know, you name it.
524
:You've got a lot of them spend
their time on, on LinkedIn.
525
:And we also happened to hit,
as I said, I touched on like.
526
:I think we also hit on right place, right
time with where the LinkedIn algorithm was
527
:when we got started and how people use the
platforms, there weren't a ton of creators
528
:yet, you could get crazy organic reach.
529
:As soon as you got a couple of likes
on a post, it would take off with the
530
:algorithm and it would be shown to tens,
if not hundreds of thousands of people.
531
:And that was partially due to,
there weren't a lot of people, you
532
:know, Sharing content on there.
533
:So LinkedIn wanted to get
anything in front of people that
534
:they thought might be relevant.
535
:So we were able to take advantage of that.
536
:Just, you know, Chris is able to do this.
537
:What happens if we have five other
voices behind him and extend our
538
:tentacles even further, so to speak.
539
:So that worked well with us, with
any organizations that were in the,
540
:selling MarTech, sales tech, recruiting
tech, people that are, Typically
541
:spending a lot of time on LinkedIn.
542
:Then we would have other customers that,
like I said earlier, you know, they
543
:might be a little bit more dev focused,
engineer focused, we had like call
544
:centers, we had operations type titles,
and sometimes what we do is we'd have to
545
:figure out the mix of in the beginning.
546
:We'd split it up between let's
see what things look like from
547
:a paid standpoint on LinkedIn.
548
:Let's see what things
look like on YouTube.
549
:Let's see what things look like on
Facebook and use that to inform the
550
:organic side and then say, okay,
we're noticing that YouTube does best.
551
:A lot of people like to watch,
to understand, to learn how this
552
:works, how they can apply it.
553
:So that's what we'd say.
554
:Let's double down on
the organic stuff here.
555
:That's shoot videos.
556
:We don't need to do, you know, nine
by 16, we can do the horizontal
557
:cause that's native for YouTube.
558
:Really get into the, how to show
the product, things like that.
559
:Versus if we were to say that same
audience worked well on Facebook,
560
:it'd be a completely different
set of recommendations for how to
561
:create that organic content there.
562
:So we just paid to help.
563
:Define what was the organic
strategy was, so to speak.
564
:But the other part of it was we
usually recommended having an
565
:ecosystem, so to speak, like don't
put all your eggs in one basket.
566
:You're going to want to at
least have a couple channels.
567
:But you should have a
primary channel that is dry.
568
:It's kind of like that 80 20 rule.
569
:Like usually one channel is
going to do the most of it, but
570
:algorithms are going to change people
spend time in different places.
571
:So we were always mindful of, it's
we've always done something one way
572
:you shouldn't be married to that.
573
:You should always be
willing to adapt to change.
574
:And that was our way of understanding if
there ever were changes or opportunities
575
:to double down on something that's
working really well elsewhere, those
576
:would give us the signals to do so.
577
:Justin Norris: How would you know early
stage if something was working or not?
578
:what metrics would you look at there?
579
:Cause you don't have the lead capture
part of it to be able to tell.
580
:Sam Kuehnle: Yeah.
581
:So we look at some just
base metrics on YouTube.
582
:Does this have.
583
:More likes, more views, more
comments than our other videos.
584
:Like, and start to understand
why is it the topic?
585
:Is it how we're presenting it?
586
:Did we do something different
within the video itself?
587
:Was it shorter?
588
:Was it longer?
589
:Was it a guest speaker?
590
:getting into some of that to inform it.
591
:And then if we did start to go down
funnel Chris kind of made us famous
592
:for the, how'd you hear about us
field that basically just took from
593
:B2C applications and applied to B2B.
594
:And so.
595
:When we're saying earlier, that's
not really trackable very few times.
596
:Do you have like a direct
response off of a YouTube video?
597
:Like get a demo, click on it.
598
:Like, even then it's going
to drive over to your site.
599
:Usually you're going
to lose the UTMs there.
600
:And so through that,
how'd you hear about us?
601
:We start to find out from some
of these previously untrackable
602
:channels, YouTube podcasts, Slack
communities, others, people are.
603
:Mentioning that in there.
604
:And so those are giving us some
insights into, okay, we're starting
605
:to see YouTube pop up more and more.
606
:And what I like about it is that's
not like the last touch attribution
607
:where they watch that and they're
like, I want to buy right now.
608
:Usually it's the most memorable or
the most helpful touch for them where
609
:they're like, that was kind of the
aha moment for them, so to speak.
610
:We were like, oh, I was watching this
YouTube video and then it clicked
611
:or like, I saw someone say it.
612
:And that was the final moment where
I was like, all right, there's
613
:serious contenders on my list.
614
:I do want to check them out.
615
:Cause usually what happens after
that is they go and type in locso.
616
:co and that's going to show up
as direct, or they might come
617
:through Google as organic.
618
:When we both know the full story
was something happened before that.
619
:And again, we're not doing
this to assign credit.
620
:We just want to know what are the
things that work best to drive
621
:the people that we want to do
business with over the longterm.
622
:Justin Norris: There's an approach to
doing what you're describing that kind of
623
:like a saturation method, like somebody,
I forget his name or I'd credit him, but
624
:he made an interesting post about monday.
625
:com's go to market.
626
:He was focusing on SEO, but it brought
to mind to me, there was like a period
627
:of time where you couldn't watch a
YouTube video without seeing a Monday ad.
628
:They were just everywhere.
629
:is doing it right now for me at least
maybe for others And it's like they
630
:must be spending millions and millions
of dollars So it's working it's
631
:getting in front of people but it's
if the premise of demand creation is
632
:actually we're going to be much more
efficient your CAC is going to go down.
633
:Taking this sort of just like
let's just pump millions of dollars
634
:It gets you in front of people, but
it doesn't get you to that efficiency.
635
:How did you think about blending
efficiency along with getting
636
:in front of people, having that
awareness, that visibility?
637
:Sam Kuehnle: I remember
that same Monday streak.
638
:I've been using Asana for years.
639
:And so this to me, as I say, the perfect
example of how do you differentiate
640
:brand awareness from demand creation?
641
:I know monday.
642
:com they exist, that they are
in the project management suite.
643
:I'm very happy with my current
project management tool.
644
:Did it create demand for them?
645
:it's hard to know.
646
:And I think that sometimes what
happens is if you aren't putting some
647
:type of sense of, urgency, a sense
of like what you're missing out on
648
:or That's where it's hard to know.
649
:And there's a big conversation
about that right now going on about
650
:what's the difference between brand
awareness and demand creation.
651
:And so that then gets into
me for demand creation.
652
:It's like you touched on it right
there, the efficiency side of it.
653
:Because what I look at is the
time constrained version of it.
654
:Brand awareness is always
on demand creation is okay.
655
:I'm going to go run.
656
:A lot of money on YouTube.
657
:I'm going to hit every marketer
with ads over the course of
658
:two quarters with monday.
659
:com over the following couple of quarters.
660
:Am I seeing an uptick
in pipeline in revenue?
661
:And this is where it gets hard.
662
:Sometimes you can.
663
:understand, like if they, if you do
have the, how'd you hear about us?
664
:Like you'll hear YouTube more and more,
and you can compare that to previous
665
:periods and look at the cohorted version
of it, some marketers are going to hate
666
:me for this, but something like just
basic correlations are going to help you
667
:understand if something was or wasn't
impacting and granted, this is going
668
:to only come into play if you don't
have many variables running at a time.
669
:So, you know, like this
was really the only.
670
:Possible factor, so to speak.
671
:And so that's where demand
creation to me is okay.
672
:If I'm hitting every marketer with a
bunch of money on this channel, only time
673
:constrain it after that time bucket is up.
674
:Did I see a meaningful impact to it?
675
:Cause if so, I've created
more demand for our company in
676
:the sense that it's created.
677
:Pipeline hand raisers revenue for us if
it hasn't and you go do a YouTube survey.
678
:Have you heard of monday.
679
:com?
680
:Yeah, 10 out of 10 people
have heard of monday.
681
:com, but it's not driving business
for you So that to me is how I
682
:like to differentiate between
brand awareness and demand creation
683
:Justin Norris: It does it then
come down to the creative?
684
:Because I know what you mean.
685
:Like It certainly made me like at
some point in the future probably
686
:years later when I needed to look at
project management software Like monday.
687
:com was in my list like I
guess I should check them out.
688
:They seem to be everywhere So it
achieved that much but it didn't give
689
:me that compelling feeling of like,
oh, they are the platform to be on
690
:You know that feeling that you want
691
:and is it because maybe their creative
was inadequate or is it because it's
692
:actually the more thought leadership
type stuff that gives you that feeling
693
:like that it's hard to do that within
the constraints of even a video ad
694
:let alone just a static image ad.
695
:What are your thoughts there?
696
:Sam Kuehnle: Yeah.
697
:So it depends on the medium,
but the creative itself works.
698
:It got your attention.
699
:You remember who they are, what they
did, I think where they missed out and
700
:why companies that are really succeeding
with the demand generation strategy.
701
:Now, I always say they need to
have a unique point of view.
702
:I don't think monday.
703
:com has a unique point of
view on project management.
704
:Why what they do is different,
how they help people work through
705
:tasks better, more efficiently.
706
:What differentiates them from
Asana, from Trello, from Basecamp?
707
:I mean, insert it, they're a commodity
and they haven't broken out of that.
708
:Bucket, so to speak.
709
:I think the companies that really do
this, like you said, they're sharing
710
:thought leader content in the sense of
how to make more out of your tool, how
711
:to get your team more engaged, how to
work through things quicker, faster,
712
:and that differentiates by you look
at them as not just another tool, but
713
:like, Oh, they really get this problem.
714
:And they're going to be invested in
my success and making more use of it.
715
:Versus just saying, spend
a hundred dollars with us.
716
:We'll get you as many
licenses as you want.
717
:And we'll just be someone
else that you can do.
718
:Like that's how you become.
719
:Just another option.
720
:And if I found a company that was
able to solve that better, shared
721
:that content, I'm going to go to that
company every time because they get it.
722
:Justin Norris: I think you just nailed
it if they had somehow I don't know what
723
:the message would be But if they were
like project management is broken the way
724
:that we're doing it does not work it's
very inefficient and here's this better
725
:way like the chris walkerfication Of that
space that, would have been compelling.
726
:Maybe just last for fine labs did
things evolve during your time there
727
:was I know the basic contours of the
philosophy probably stayed relatively
728
:the same, but were there like new
learnings that shifted how how you
729
:applied your methodology or what that was?
730
:Sam Kuehnle: everything evolved to there.
731
:We grew massively.
732
:So like you said, you
know, I joined early days.
733
:It was something, I don't
know, like employee 11, 12, 13.
734
:I was somewhere in there.
735
:So I got to experience when things
broke, when we hit 1 million revenue, 10
736
:million revenue, 50 employees, a hundred
employees everything was always evolving.
737
:And that was my first lesson in like
adaptation, the ability to move as
738
:the market moves, as the company does
anything like that's probably the most
739
:important thing to long term success.
740
:And so how that applied to like our
philosophy and playbook specifically
741
:was Platforms, like how I was talking
about in the beginning, the LinkedIn
742
:algorithm favored what we want to do.
743
:Fast forward a couple of years.
744
:It definitely changed.
745
:I mean, Chris's videos that used to
get a couple thousand likes per video
746
:are now getting, High hundreds, but
nowhere near that same initial value.
747
:So that was a lesson in and of itself.
748
:And that we then translated
down to playbooks.
749
:So we had playbooks, how to do
paid social, how to do paid search.
750
:And these were very top level before
you even got into the channel.
751
:But what we quickly learned was.
752
:And I would tell the team, this is if
we aren't changing these playbooks, at
753
:least quarterly, we are falling behind.
754
:These platforms are evolving.
755
:How people use the platforms are evolving.
756
:The mediums that are doing well,
the mediums that aren't doing well,
757
:all of that is absolutely changing.
758
:And our first playbooks that
were in a Google doc and everyone
759
:on the team had common access.
760
:And I would say, if I don't have a
comment in there, at least once a
761
:month, We're not doing something right.
762
:Cause if we're supposed to be at the
forefront of how demand generation and
763
:marketing works today, and we aren't able
to share any insights or pick up anything
764
:ourselves, and we're supposed to be the.
765
:Some of the top 1 percent
marketers in the world doing this,
766
:that says something about us.
767
:So in terms of evolution is like,
it's hard to point to specific things.
768
:I can talk about, the talking
head video and how those work with
769
:what Chris did with the podcast.
770
:Like that was a big evolution of things.
771
:And now go on LinkedIn today
and everyone's got that.
772
:And it's almost saturated in
that they don't work because.
773
:This almost goes to best practices.
774
:What starts is this new cool
thing becomes best practice.
775
:Everyone's doing best practice
and best practice is no
776
:longer actually best practice.
777
:It's this weird kind of
like inception moment.
778
:So that was the other side of it is
how do we see and launch the next
779
:And then by the time that it does
become already beyond to the next
780
:thing, and that's, what's really hard.
781
:You never know what that's going to be.
782
:It becomes.
783
:But it comes from a lot of
testing and having clients that
784
:are open to just saying, like,
we're going to figure it out.
785
:We want to be at the forefront.
786
:We know that it's not always going
to be what everyone else is doing,
787
:but we're okay with that because
that's what we want to be doing.
788
:Justin Norris: I think it's a difference
too, between people who can do the
789
:hard work to understand root causes.
790
:And the people that just see a surface
effect and mimic it, you know, like
791
:the things that work, they work
for a reason at a specific time.
792
:and if you're just like,
Oh, I'm going to do that.
793
:just copy this.
794
:Cause that's like the
video, the, all that stuff.
795
:Fine.
796
:You might catch a little bit
of that bandwagon effect, but.
797
:Then, like you said, yeah I've watched
that dynamic play out so many times,
798
:you can really see it on LinkedIn.
799
:It's such a, especially in marketing
circles, it's such a close little
800
:weird madhouse sometimes, but if
you're just always mimicking, you're
801
:never going to be able to figure out
what the next, I mean, you may strike
802
:gold accidentally, but more often than
not, it's like really understanding
803
:how people respond to things,
804
:it's hard work.
805
:Sam Kuehnle: I'm doing it
in a way it stands out.
806
:Cause like we said earlier with money,
like how are you differentiating with it?
807
:That's a huge part of, if you want to
be viewed as the thought leader, as
808
:the forefront person and not just a
commodity in a big saturated category,
809
:that's another part that you have
to do is be seen as an innovator.
810
:Justin Norris: So at a certain point,
your journey with refined came to
811
:an end and you jumped out there and
started to steer the ship at lock.
812
:So as the marketing leader maybe just
start with like, how did you know that
813
:it was the right time for you to do that?
814
:What drove you to take that step?
815
:Sam Kuehnle: a couple of things.
816
:One was purely personal.
817
:We've got a 11 month old.
818
:And so when we.
819
:We're getting serious about
like, we want to start a family.
820
:I know my working style, my work ethic.
821
:And when you're at an agency and you've
got clients in the West coast and in
822
:Europe, and you're sitting in the middle.
823
:My time, let's be honest,
I'm at the mercy of them.
824
:So I really wanted to be able
to own a little bit of that.
825
:Cause I wanted to be present with
the family and like, control my
826
:calendar a little bit more to
be able to be on top of that.
827
:So that was a big part.
828
:And then the other part of it was I.
829
:Started as a director of demand gen.
830
:I worked with something like, five to 10
clients that I personally own, managed
831
:everything from start to beginning.
832
:And then when I became a VP, I oversaw
20 clients at a different time.
833
:And my director of demand gen once
told me, the difference between.
834
:Working here and working in
house is, it's like having a kid.
835
:You can tell them what they're
about to do is skin their knees,
836
:but sometimes they have to skin
their knee to learn the lesson.
837
:So there's only so many times
where I could say, I really
838
:strongly recommend you do this.
839
:You don't do this.
840
:And then watch them.
841
:And I was like, if I could do
this myself, I could kill it.
842
:And I also want to validate for myself.
843
:Like if I do go own this all the way,
like I can tell everyone what we're doing,
844
:what we want to do, why we want to do it.
845
:And I had the time to implement it.
846
:Would it work?
847
:And so that was the other part was like
a personal challenge to myself was.
848
:Can I walk the walk after talking
to talk for a couple of years here?
849
:So it was those two things, which I
absolutely would not be in the position
850
:I am now, had I not had the years of
learning at refined labs to do that.
851
:So that set me up for where I am today.
852
:Okay.
853
:Justin Norris: Yeah, and it was
that curiosity about what it
854
:would it work to take someone
who's the expert in that and then.
855
:All right, here you go.
856
:Now you own this in house.
857
:Go make it work.
858
:What was your first, second
and third thing that you did?
859
:Sam Kuehnle: it was pretty
close to a blank page.
860
:So one it was just straight up
foundational work operations.
861
:Processes like we had Salesforce, we
didn't have a marketing operations
862
:platform We had a customer success
platform and everything I needed to get
863
:them all talking to one another so I can
understand like, who are our customers?
864
:What's going on with deals?
865
:Are they even being tagged properly?
866
:So I understand like when they were
created, what's our conversion rate?
867
:Like every company, we had data
hygiene issues when I started.
868
:And so I then implemented processes
for like, Hey, these opportunities, the
869
:close dates are, they're 180 days ago.
870
:Are you still working at no,
that's market is closed, lost.
871
:It's okay.
872
:We're not going to ding you for your
loss rate or anything there, but we just
873
:need to have an accurate sense of what's
our real pipeline and everything else.
874
:So, process operational stuff early on.
875
:That was a big part of it.
876
:And then the probably the next couple
of things, just learning the market.
877
:My background is not recruiting.
878
:I have not worked for a recruiting
company or as a recruiter.
879
:So really just understanding the nuance
of it and like any industry segment you
880
:get into, you'll quickly learn like what
seems simple in your head when you get
881
:started is actually a lot more complex.
882
:They're taking the time to understand
who they are, the different segments,
883
:what their use cases are, how they
speak, because how an in house recruiter
884
:speaks is very differently from how
an agency headhunter recruiter speaks.
885
:And being able to speak their
language is also how you get their
886
:trust, their credibility when
you do start to go to market.
887
:And then the third one was mapping
and building the content engine.
888
:I'm not saying scaling it.
889
:I'm just saying building, cause
we need to educate the market.
890
:If we want to be a thought leader,
we had nothing at the time.
891
:Like I could create ads and that
was about the limit, so to speak.
892
:But I wanted to get, what we did was
we built a podcast and I told our
893
:CEO, I'm like, I'm not doing this
podcast to get thousands of listeners.
894
:Per episode, like that's
not going to happen.
895
:What this podcast is going to do
is give us the engine for all of
896
:the content that we'll produce.
897
:So we need the long form in
order to create the short form.
898
:Basically, we need that long content
episode so we can have five micro
899
:videos that we can use on our
website and sales decks and social.
900
:So it can create a couple of blog
posts that we can use and write up.
901
:So we can use it to fuel, like we can
have customers on and use those as
902
:case studies, customer testimonials,
but we need that hub, right?
903
:In order to create everything else out
of, so it was mapping out all of that.
904
:So that was my first six months was
focused on all of those before we
905
:even got into that scale from there.
906
:Justin Norris: And did you need to
layer on any demand capture channels,
907
:in the beginning, like your SEM or your
directories or whatever else, just to
908
:like get that lead flow going, or did
you have some space to just build this?
909
:Sam Kuehnle: we had a core demand
generation plant program already running.
910
:We were running on LinkedIn.
911
:We were running a little bit
on Facebook and we did have
912
:Google ads running at the time.
913
:right at the end of the six months,
we started experimenting with
914
:Google ads and demand capture.
915
:And I'm going to caveat this with
like, this is far from market
916
:standard market, best practice.
917
:Like do your own research, find out
for yourself, but we have a low ACV.
918
:And so what I was finding after I ran the
math on very specific keywords and not
919
:just looking at paid search as a whole,
but breaking up branded, unbranded.
920
:Keyword level, everything else was that
we were upside down on almost all of
921
:it in terms of our CAC payback period.
922
:So I always look at if my CAC
payback period is more than 12 months
923
:that's not talking about like total
headcount, like marketing all up.
924
:So at the ad level, if I'm not
recouping a year one spend and people.
925
:Can only sign a one year contract.
926
:If they like, that's not a good look
for me, especially if we're bootstrapped
927
:and I need to be a steward of our funds.
928
:And so I looked at all this and
like, that doesn't make sense.
929
:And then we've got LinkedIn
over here that is just driving
930
:80 percent of our handraisers.
931
:It's killing it for us.
932
:it's not direct response, so I couldn't
tell you the specific payback period on
933
:it, but I know that we're far from the
point of diminishing returns in terms of.
934
:Our audience that we can reach there,
the effectiveness of the ads is like,
935
:it doesn't make sense to do Google
just because of demand capture, because
936
:every company like it's best practice.
937
:Right.
938
:So I ran the numbers
I did like micro test.
939
:What if we pause it for a week, for a
month, different like campaign types.
940
:And in the end we just
said like, let's pull it.
941
:And so demand conversion we.
942
:Stopped having that program and focus
solely on demand creation in the sense
943
:of like our sales team, we were winning
deals really well at crazy rates, so we
944
:know if we just got them in the funnel
we didn't need to worry about any of
945
:those like last touch type activities.
946
:Justin Norris: you took off
the net, you're up on the tight
947
:rope without a net, so to speak.
948
:The net being the traditional
demand capture channels that just
949
:bring a sense of comfort.
950
:I think to any demand marketer, like,
all right, I can bid on keywords.
951
:I can bring leads in.
952
:It's controllable.
953
:I can dial it up and down for the
LinkedIn work that you were doing.
954
:You mentioned it's not direct response.
955
:So I'm assuming it wasn't like
the, like lead gen form type stuff.
956
:It was more static image
ads, that sort of thing.
957
:Sam Kuehnle: Yeah.
958
:Static image ads and then video ads.
959
:So When I first got here, one of the
first things I noticed in the first
960
:30 days after listening to calls,
talking to customers was as soon as
961
:they saw the product, they got it,
that it was just like, Oh, this is
962
:way better than our current way.
963
:And that was our biggest problem was
we were never on that day one list.
964
:People didn't know who locks it was.
965
:There were so many incumbents and
we were creating this new category,
966
:talent intelligence platform that
overlaps with a lot of traditional
967
:categories, applicant tracking systems,
software contact or sourcing software,
968
:Contact information, finding tools.
969
:And so we had to help them see
there is a much better way.
970
:There's a much more efficient way.
971
:So we did a lot of video ads that
show different, like standard use
972
:cases of what they do and how easy
that does to execute as the end user.
973
:So they don't have to get a demo to do it.
974
:Cause why are they going to sign up
for a demo from yet another product
975
:when they're happy with what they are?
976
:Change management is the hardest
thing that we have to overcome.
977
:And so.
978
:Practically getting ahead of
all of that by just letting them
979
:see it and show up in the feed.
980
:And why LinkedIn works so
well for us is because with.
981
:The demand generation strategy and
knowing exactly who we want to target.
982
:We're not going super broad with
who we're getting in front of.
983
:We're not taking the monday.
984
:com approach of hitting
every recruiter in the world.
985
:We have a very defined subset
of who we want to be showing to.
986
:And for us to steal Chris's
words, it's guaranteed.
987
:Impressions for the people that
we want to be seeing our content.
988
:that's, That's.
989
:What the paid ads are
doing for us at that point.
990
:So using the videos, using static ads
and using it in terms of like messaging
991
:of around, like there's a better way
or speaking to some of those pains,
992
:not just like another application
tracking system with some stock picture
993
:of a laptop with a software picture on
it, but speaking to things that they
994
:care about, speaking to pains and.
995
:Doing it in a different way where
it's not, I always use this joke, but
996
:it's like, it's not a blue background
with white text talking about ROI, but
997
:it's creative that catches your eye.
998
:It's a message that pokes a little bit
fun and a self deprecating way towards
999
:what recruiters do and everything.
:
00:43:41,927 --> 00:43:44,267
So like one of them was like, stop
recruiting, like it's the::
00:43:44,677 --> 00:43:48,647
And then we did like, you remember the now
album, like now that's what I call music.
:
00:43:49,362 --> 00:43:51,582
So we did a, now that's
what I call talent.
:
00:43:51,582 --> 00:43:54,365
And we grabbed like 18 songs from
the::
00:43:54,365 --> 00:43:57,265
So they, they'd be kind of fun
related to recruiting or anything.
:
00:43:57,265 --> 00:44:00,575
So like, instead of Roxanne, we did
Loxanne and we created t shirts with it.
:
00:44:00,615 --> 00:44:04,015
We use those as ads as if it was like
the album and we created like fake
:
00:44:04,025 --> 00:44:05,565
infomercials and everything from it.
:
00:44:05,565 --> 00:44:05,865
So.
:
00:44:07,285 --> 00:44:09,755
Again, we're in a very commoditized
place, but taking it from a creative
:
00:44:09,755 --> 00:44:12,525
angle, a different way that stands
out and then gets people interested
:
00:44:12,525 --> 00:44:14,675
in knowing us, that's a little bit
of the brand awareness, but then we
:
00:44:14,675 --> 00:44:18,035
did have other plays in place, other
messages that weren't just those.
:
00:44:18,355 --> 00:44:21,235
So people understood what it was that
we were solving for when we'd say, make
:
00:44:21,415 --> 00:44:25,685
three times more hires than you currently
do save 20 percent of your workday.
:
00:44:26,045 --> 00:44:27,365
Those things, that's
where they can understand.
:
00:44:27,365 --> 00:44:27,585
Okay.
:
00:44:27,585 --> 00:44:29,065
Loxo and this, okay.
:
00:44:29,115 --> 00:44:29,815
That's interesting.
:
00:44:29,815 --> 00:44:30,815
Now you have my attention.
:
00:44:30,835 --> 00:44:32,555
So that was the approach
that we'd take on LinkedIn.
:
00:44:33,025 --> 00:44:35,845
Justin Norris: Two things you do there
that I really love, like bringing
:
00:44:35,845 --> 00:44:39,575
the product moments out and exposing
them rather than hiding them away.
:
00:44:39,615 --> 00:44:40,825
Too few people do that.
:
00:44:41,745 --> 00:44:43,855
But I think like Notion, I
think is really good at this.
:
00:44:43,855 --> 00:44:46,945
Their brand LinkedIn page, like they
have these animated gifs or little
:
00:44:46,945 --> 00:44:50,135
videos or whatever, but it's always
like showing like, here's how you do it.
:
00:44:50,135 --> 00:44:52,185
And I don't really use Notion,
but I have a favorable impression
:
00:44:52,185 --> 00:44:53,135
of them for that reason.
:
00:44:53,185 --> 00:44:55,275
Cause I'm like, Oh, it just feels cool.
:
00:44:55,455 --> 00:44:56,655
I can see how it would work.
:
00:44:56,665 --> 00:44:57,565
It's that better way.
:
00:44:57,565 --> 00:44:57,635
I like it.
:
00:44:58,225 --> 00:45:02,365
And then the creative aspect, which
let's face it, not all B2B marketers.
:
00:45:02,445 --> 00:45:05,375
We don't have the best track
record, let's say, as a discipline
:
00:45:05,375 --> 00:45:09,001
when it comes to creating good
creative that's unique and original.
:
00:45:09,625 --> 00:45:13,695
then this kind of brings us to some of
the work you're doing on connected TV.
:
00:45:13,705 --> 00:45:19,749
And I've seen some of the video ads,
and these were like TV quality ads, both
:
00:45:19,749 --> 00:45:23,652
in terms of production value and just
They feel like the sort of ad I would
:
00:45:23,652 --> 00:45:26,742
expect from a B2C or like a CPG company.
:
00:45:27,252 --> 00:45:28,272
Which is a lot of fun.
:
00:45:28,272 --> 00:45:31,142
So I'm curious, like you're
obviously making a bet here.
:
00:45:31,262 --> 00:45:33,802
Let's walk through the thought
process and how you got that
:
00:45:33,802 --> 00:45:35,132
creative in place and all of that.
:
00:45:35,797 --> 00:45:36,017
Sam Kuehnle: Yeah.
:
00:45:36,017 --> 00:45:42,205
So that was definitely the intention and
this was the one plus side of, Google
:
00:45:42,205 --> 00:45:45,165
ads, not being the best bet for us and
knowing brand awareness, people knowing
:
00:45:45,165 --> 00:45:48,205
about us getting on that first list is
the biggest problem we're struggling with.
:
00:45:48,215 --> 00:45:51,325
So, okay, to your root cause
analysis, what's our biggest problem
:
00:45:51,325 --> 00:45:52,245
that we're trying to solve for?
:
00:45:52,245 --> 00:45:54,045
And what's another way
that we can approach that?
:
00:45:54,135 --> 00:45:56,155
Well, it's not demand
capture, it's demand creation.
:
00:45:56,765 --> 00:45:57,045
Okay.
:
00:45:57,045 --> 00:45:58,755
So let's keep pulling on
that demand creation thread.
:
00:45:58,765 --> 00:46:00,205
We're on LinkedIn, we're
on some other places.
:
00:46:01,315 --> 00:46:01,715
But.
:
00:46:02,450 --> 00:46:06,030
If we know after looking at the data,
we have incredible wind rates when
:
00:46:06,030 --> 00:46:07,460
people get into the sales cycle.
:
00:46:07,750 --> 00:46:11,160
And our biggest challenges are we're
not on that day one, first list.
:
00:46:11,230 --> 00:46:12,710
We're in a very saturated space.
:
00:46:12,740 --> 00:46:14,530
People don't know about us.
:
00:46:14,530 --> 00:46:16,080
How do we stand out simple as that?
:
00:46:16,110 --> 00:46:19,640
And how do we also compete against
incumbents who have been in
:
00:46:19,640 --> 00:46:22,740
the space for decades, who have
multimillion dollar marketing budgets?
:
00:46:23,280 --> 00:46:24,370
To me, it came down to two things.
:
00:46:24,400 --> 00:46:27,945
One, let's differentiate, let's do,
What no one else in this space does.
:
00:46:27,995 --> 00:46:30,615
And then let's play on a
little bit of like, call it the
:
00:46:30,615 --> 00:46:32,325
psychological element of it.
:
00:46:32,755 --> 00:46:34,395
You see a company on TV.
:
00:46:35,080 --> 00:46:35,730
They must be big.
:
00:46:35,730 --> 00:46:36,570
How do I not know about them?
:
00:46:36,570 --> 00:46:38,010
Am I behind what's going on?
:
00:46:38,010 --> 00:46:40,670
And so there was that element to it
also, where it's just like, let's
:
00:46:40,670 --> 00:46:42,060
make us appear bigger than we are.
:
00:46:42,060 --> 00:46:45,340
Granted, we will absolutely be that
big and we meet the expectations there,
:
00:46:45,920 --> 00:46:48,520
but we almost have to like push that
message forward that, Hey, we're not
:
00:46:48,520 --> 00:46:50,180
just like some random startup out here.
:
00:46:50,180 --> 00:46:51,060
We've got our act together.
:
00:46:51,060 --> 00:46:52,190
We've got a phenomenal product.
:
00:46:52,190 --> 00:46:54,320
Like it is going to take over
the space in a matter of years.
:
00:46:54,320 --> 00:46:56,870
We're just starting to
escalate that a little bit.
:
00:46:56,900 --> 00:46:59,890
So yeah, the CTV project was a lot of fun.
:
00:46:59,970 --> 00:47:03,683
To work for you to be creative, but
it was, you know, talk about removing
:
00:47:03,683 --> 00:47:04,843
the net from underneath yourself.
:
00:47:04,843 --> 00:47:08,082
It was, a sizable investment that we had
to make sure that we were going to get
:
00:47:08,082 --> 00:47:09,622
some return on or make sure it panned out.
:
00:47:09,622 --> 00:47:09,932
Well,
:
00:47:10,532 --> 00:47:13,562
Justin Norris: And just to talk through
one of your ads that I saw, if you
:
00:47:13,562 --> 00:47:16,322
don't mind, but it was it's a couple.
:
00:47:16,342 --> 00:47:17,472
They're in the forest.
:
00:47:17,882 --> 00:47:21,742
and the guy of the couple is like
looking for Bigfoot, you know,
:
00:47:21,750 --> 00:47:24,190
and in the background, there's
like a Bigfoot running around.
:
00:47:24,710 --> 00:47:27,883
And and the wife says something like,
you don't need to hunt for Bigfoot.
:
00:47:27,883 --> 00:47:28,773
You can use Loxo.
:
00:47:28,823 --> 00:47:32,063
And so just this clever
hook is clever concept.
:
00:47:32,073 --> 00:47:32,833
It's funny.
:
00:47:33,983 --> 00:47:35,603
Again, it's just like
the ads you see on TV.
:
00:47:36,573 --> 00:47:37,403
Did you come up with that?
:
00:47:37,403 --> 00:47:38,143
Someone on your team?
:
00:47:38,143 --> 00:47:39,093
Did you hire an agency?
:
00:47:39,093 --> 00:47:40,083
How did you get to that place?
:
00:47:40,113 --> 00:47:42,573
Because I think that's hard to come
up with those concepts, let alone
:
00:47:42,573 --> 00:47:44,753
sell them internally in a B2B context.
:
00:47:45,265 --> 00:47:45,875
Sam Kuehnle: it was really hard.
:
00:47:45,985 --> 00:47:49,205
So that whole process, yes, we
used an agency video brothers could
:
00:47:49,205 --> 00:47:50,735
not recommend them highly enough.
:
00:47:50,735 --> 00:47:51,645
They absolutely killed it.
:
00:47:52,145 --> 00:47:55,045
Cause to me, I was like, again, I
need to be a steward of our money.
:
00:47:55,045 --> 00:47:57,615
I need to make sure that we are absolutely
partnering with the best out here.
:
00:47:57,615 --> 00:48:00,915
So landed on video brothers
and then the process itself.
:
00:48:00,915 --> 00:48:04,335
So we have a very involved marketing team.
:
00:48:04,365 --> 00:48:07,145
I'm not a creative, but I love
ideating and having fun with that.
:
00:48:07,145 --> 00:48:09,715
We have Lex Winship, who is one of
the most Brilliant Brandon content,
:
00:48:09,725 --> 00:48:11,155
people and copywriters I've ever met.
:
00:48:11,495 --> 00:48:14,785
Brandon Alvarado is our
outsourced head of creative.
:
00:48:14,795 --> 00:48:17,915
And so the three of us really came
together in the sense of like,
:
00:48:18,335 --> 00:48:19,415
we want to be involved with this.
:
00:48:19,425 --> 00:48:22,393
So when we started working with
video brothers, we said, their usual
:
00:48:22,393 --> 00:48:25,421
engagement is, a big company comes in,
pays them, come up with a commercial
:
00:48:25,421 --> 00:48:26,981
idea, write it, script it, shoot it.
:
00:48:26,991 --> 00:48:27,631
You're good to go.
:
00:48:27,631 --> 00:48:28,151
We were like no.
:
00:48:28,191 --> 00:48:31,821
We want to be involved, especially knowing
the nuance of our market and knowing
:
00:48:31,851 --> 00:48:34,091
the We had to hit it on this first one.
:
00:48:34,121 --> 00:48:37,931
They had to know exactly who we were
talking to, how to communicate it, what
:
00:48:37,931 --> 00:48:41,211
would be funny in a way that's well
received, what would be funny in a way
:
00:48:41,211 --> 00:48:43,061
that has people turned off by our brand.
:
00:48:43,061 --> 00:48:45,491
And so we worked closely
with them on all of that.
:
00:48:45,511 --> 00:48:45,961
We did.
:
00:48:46,911 --> 00:48:50,101
A two hour brainstorm session on
just like, let's just go every
:
00:48:50,101 --> 00:48:53,131
possible idea that's out there,
what would land, what wouldn't land.
:
00:48:53,131 --> 00:48:57,691
And I think we came up with 25 plus
different ideas and then we narrowed
:
00:48:57,691 --> 00:49:01,341
it down to five and then we all voted
and landed on this Bigfoot concept.
:
00:49:01,821 --> 00:49:03,671
And so it was a lot of back and forth.
:
00:49:03,671 --> 00:49:06,030
And what I really liked about it
was everyone had different strengths
:
00:49:06,030 --> 00:49:08,332
some people would start pulling an
idea and then someone else could
:
00:49:08,332 --> 00:49:09,912
flesh it out or add an angle.
:
00:49:09,912 --> 00:49:13,796
And so we had this idea of the Bigfoot
thing and then video brothers, they knew.
:
00:49:14,226 --> 00:49:14,466
Okay.
:
00:49:14,466 --> 00:49:16,126
We have to pack a punch in 30 seconds.
:
00:49:16,126 --> 00:49:17,036
How do we use hooks?
:
00:49:17,036 --> 00:49:17,946
How do we add comedy?
:
00:49:17,946 --> 00:49:20,466
And that's where they just absolutely
blew it out of the water with it.
:
00:49:20,466 --> 00:49:23,266
So it's this whole yin and yang
approach of everyone working together.
:
00:49:23,266 --> 00:49:25,046
And honestly, I think that's
why it worked so well.
:
00:49:25,046 --> 00:49:26,926
Cause they were as
invested in it as we were.
:
00:49:26,926 --> 00:49:31,476
And both sides were happy to be
contributing all together with it.
:
00:49:32,074 --> 00:49:33,033
keep
:
00:49:33,283 --> 00:49:36,283
Justin Norris: about connected TV, I
mean, my understanding of it, I haven't
:
00:49:36,293 --> 00:49:40,133
used this channel directly myself, but
there are platforms that allow you to
:
00:49:40,383 --> 00:49:46,673
essentially make ad buys on TV through
streaming networks with kind of a level
:
00:49:46,673 --> 00:49:49,993
of targeting, not exactly as granular
as LinkedIn, but you're getting there.
:
00:49:50,383 --> 00:49:55,535
And using it as almost like a display
channel to get that message out there.
:
00:49:55,865 --> 00:49:57,825
How have you found using that channel?
:
00:49:57,825 --> 00:49:58,445
How are you.
:
00:49:59,110 --> 00:50:00,790
Evaluating results and impact.
:
00:50:02,052 --> 00:50:02,992
Sam Kuehnle: it's still early days.
:
00:50:03,082 --> 00:50:04,442
I'll be lying if I said it was perfect.
:
00:50:04,442 --> 00:50:06,342
I'd be lying if I said I
wasn't frustrated with it.
:
00:50:07,352 --> 00:50:08,682
So there's the good and the bad.
:
00:50:08,892 --> 00:50:12,322
A lot of the platforms say, you
know, you'll show up on ESPN.
:
00:50:12,332 --> 00:50:15,082
You'll show up on food network, you
know, wherever your audience is watching.
:
00:50:15,222 --> 00:50:18,522
But what you find out after you get going
is, yeah, you're showing up on ESPN.
:
00:50:18,522 --> 00:50:21,752
When people pick the ESPN app
on their smart TV, the food
:
00:50:21,752 --> 00:50:23,292
network app on their smart TV.
:
00:50:23,292 --> 00:50:25,752
But the reality is I don't have
the numbers to back this up.
:
00:50:25,752 --> 00:50:27,522
I would probably say three out of
four people are watching through
:
00:50:27,522 --> 00:50:31,332
YouTube TV, through Netflix, through
Hulu, through Amazon prime TV,
:
00:50:31,362 --> 00:50:32,862
one of those streaming services.
:
00:50:33,547 --> 00:50:36,137
And a lot of these providers don't
have hooks into those you have to go
:
00:50:36,137 --> 00:50:38,227
directly through Google on YouTube TV.
:
00:50:38,227 --> 00:50:39,197
You have to go through Hulu.
:
00:50:39,217 --> 00:50:40,787
You have to go through Amazon prime TV.
:
00:50:41,167 --> 00:50:44,217
And so that's where we're at right
now is going and making some of those
:
00:50:44,227 --> 00:50:45,607
direct buys because we're seeing it.
:
00:50:45,677 --> 00:50:46,787
It does work.
:
00:50:46,857 --> 00:50:48,797
But not as many people watch
those apps as you would think.
:
00:50:48,807 --> 00:50:49,507
I don't watch those apps.
:
00:50:49,527 --> 00:50:51,677
I haven't seen our commercials yet
because I don't watch those apps.
:
00:50:51,677 --> 00:50:54,747
I watch YouTube TV if I'm on, or I
go to straight to Hulu or something.
:
00:50:55,367 --> 00:50:58,922
And even in some of those cases, I
pay for Hulu to not have commercials.
:
00:50:58,942 --> 00:51:00,442
I wouldn't see them at that instance.
:
00:51:00,442 --> 00:51:04,732
So it's also understanding, like I
wouldn't buy Netflix, even if I could
:
00:51:04,732 --> 00:51:08,942
afford it, because it's something
like 80 or 90 percent have that non ad
:
00:51:08,942 --> 00:51:11,932
supported package, so it doesn't make
sense to really put money in there,
:
00:51:11,932 --> 00:51:14,942
especially when you're trying to be a
steward of your money, so, Long story
:
00:51:14,952 --> 00:51:18,532
short, it's working, I think, and
work better as we continue to iterate.
:
00:51:18,542 --> 00:51:20,012
But that's the whole point
of an experiment, right?
:
00:51:20,012 --> 00:51:21,952
You experiment, you validate, you iterate.
:
00:51:22,262 --> 00:51:24,062
You validate again, and then you iterate.
:
00:51:24,122 --> 00:51:27,522
And that's where we're at right now
is we are at stage one validation.
:
00:51:27,572 --> 00:51:28,832
We have the first insights.
:
00:51:28,842 --> 00:51:32,302
Now we need to iterate and see like,
if we make these changes, will it work
:
00:51:32,312 --> 00:51:33,922
in the way that we expect it to or not?
:
00:51:34,982 --> 00:51:37,652
Justin Norris: Maybe last question for
you, Sam, before we wrap, but I'm just
:
00:51:37,652 --> 00:51:42,402
curious, you know, we talked about the
bandwagon effect and things becoming
:
00:51:42,402 --> 00:51:44,582
stale and, discovering what's next.
:
00:51:44,972 --> 00:51:45,832
What are you thinking about?
:
00:51:45,832 --> 00:51:48,733
What are you keeping an eye on
for the next 12 to 24 months?
:
00:51:49,113 --> 00:51:54,463
Sam Kuehnle: An interesting one for
me, my background is not SEO but chat
:
00:51:54,463 --> 00:51:57,993
GPT and people going there for answers.
:
00:51:59,028 --> 00:52:02,968
Something's going to change here because
right now, if you go in and you say
:
00:52:02,968 --> 00:52:07,418
like chat GPT, go ask any questions or
whatever, it doesn't provide sources.
:
00:52:07,738 --> 00:52:10,248
But right below where you go
and type in the query, it says
:
00:52:10,258 --> 00:52:11,678
chat GPT can make mistakes.
:
00:52:11,688 --> 00:52:13,418
Consider checking important information.
:
00:52:14,098 --> 00:52:16,538
You ask for that information and
they say, we won't provide sources.
:
00:52:16,618 --> 00:52:20,028
So there's this like give and take
that has to happen somewhere in there.
:
00:52:20,418 --> 00:52:24,838
And so my eye is when that change
does come, it's going to have to come.
:
00:52:24,858 --> 00:52:26,288
Everyone's always
saying, cite your source.
:
00:52:26,308 --> 00:52:27,738
Like you can only have
so much credibility.
:
00:52:28,118 --> 00:52:29,218
That's going to change at some point.
:
00:52:29,218 --> 00:52:30,808
And when it does, how do
you optimize for that?
:
00:52:30,838 --> 00:52:32,218
That's what I'm keeping an eye on.
:
00:52:32,842 --> 00:52:33,722
Justin Norris: That's really interesting.
:
00:52:33,752 --> 00:52:37,642
I've seen some of those responses come in
through like our, how did you hear about
:
00:52:37,642 --> 00:52:43,702
us or I work like people using chat GPT,
people using Gemini to build short lists.
:
00:52:44,142 --> 00:52:45,402
So it's definitely happening.
:
00:52:45,412 --> 00:52:46,603
And it's the wild west.
:
00:52:46,603 --> 00:52:48,063
It's like SEO in::
00:52:48,226 --> 00:52:49,296
how do you influence that?
:
00:52:49,296 --> 00:52:49,986
How do you get inside?
:
00:52:49,996 --> 00:52:50,226
All right.
:
00:52:50,226 --> 00:52:52,752
Well, Sam, this was
super, super interesting.
:
00:52:52,812 --> 00:52:53,862
Thank you so much.
:
00:52:54,222 --> 00:52:54,922
Wish you the best.
:
00:52:54,952 --> 00:52:56,349
And hopefully catch up with you again.
:
00:52:56,349 --> 00:52:57,139
See how things are going.
:
00:52:58,519 --> 00:52:58,645
right.