Jacqueline Woods, CMO at Teradata, shares with us her insights around utilizing data to create unified, frictionless customer experiences.
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[MUSIC]
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Welcome to Pipeline Visionaries.
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I'm Ian Faizan, CEO of Caspian Studios.
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Today, I'm joined by a very special guest, Jaclyn, how are you?
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>> I'm great, Ian. How are you?
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>> I'm doing wonderful, excited to chat about
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tear data and your background and marketing, pipeline generation, AI, all that
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stuff.
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>> Good stuff.
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>> I know. What a better day to talk about it and with what better person.
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Today's show is always brought to you by our friends at Qualified.
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Go to Qualified.com to learn more.
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Qualified is the number one conversational sales and marketing platform for
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every company's revenues team that you sales force.
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So head over to Qualified.com to check them out.
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First question, what was your first job in marketing?
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>> So I think my first official job in marketing was probably
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when I was selling horoscop cookies.
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>> Yeah.
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[LAUGH]
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>> And really thinking about how to sell that or anything else as a kid.
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And I was just always really good at raising money and
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fundraising which kind of in many ways led me to have an interest in
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what motivates people to buy things.
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And it's more than just quote, talking good about something.
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It's actually kind of having a true belief in what you're selling and
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having value around that and what the messages are.
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So I honestly would say that because I think that prepared me for
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many things, interestingly enough.
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>> In Flash forward to today, what does it mean to be CMO of tear data?
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>> Flash forward or fast forward, which feels literally like a flash.
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>> [LAUGH]
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>> Because it started my career and it's been well over 25 years.
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So it's been quite the journey.
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I actually started in financing accounting and not in marketing,
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just because I like data and I like information around data.
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So that kind of prepared me to be in a role like tear data.
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Because it is a company that is focused on data analytics and
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insights on a cloud based platform.
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And so in this role and particularly what it means for
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me is I really get to think about how people use data and
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insights to really improve their businesses.
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And so that to me is pretty exciting.
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>> It is interesting how being data driven has changed so
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much over the past decade and what you can do with that.
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And obviously we're gonna get deep into data here in a little bit.
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But it truly is to be a data driven marketers is a pretty exciting opportunity.
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>> Yeah, yeah, it really is and
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I think this is an interesting time, right?
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Because we're at an inflection point.
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And the way people think about brand and
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the way people think about how things get sold has changed dramatically.
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And the landscape for how that gets done has changed dramatically.
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And all of that basically means that you need more and
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more data to make better decisions.
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And you need to understand how to use that data.
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So I do think that that's something that one interests me and
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still excites me even now after all these years.
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>> Let's head to our first segment, the trust tree.
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Where we go and feel honest and trusted and
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you can share this deepest darkest pipeline secrets.
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Tell us a little bit more about Teradata, the company and who you're selling to
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>> So we sell to what I would call the global 10,000.
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So when you think about larger companies, big banks,
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big transportation companies, big retailers,
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big healthcare companies.
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Think about those types of companies first and
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foremost as our primary and core customers.
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And what we're selling is really,
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I like to think of it as three, what I would call core goals that most
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companies have.
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The first and foremost is how do I improve my overall business performance?
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And so there'll be a lot of modeling both on the,
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what I would call, FNA.
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So finance and analysis landscape.
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The second one would be, what do people think about when they think about
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customers 360?
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How do they deepen engagement with customers?
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What does that really mean?
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How do they create more stickiness?
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So lots of interest in that from many, many customers and
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many, many points of view and the third leg in that stool is generally on
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innovation.
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So how do you use insights to drive innovation around products and services?
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And how do you use that information to inform what you do with your products
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and
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your capabilities around your products?
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>> And then you mentioned sort of a little bit about that persona.
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What does that buying committee look like for those types of accounts and
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those different personas?
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>> It's changed, right?
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So when, oh, bought technology and when I say back in the day,
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back in the day probably wasn't that long ago, back in the day was probably
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five to
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ten years ago, heavily dominated by the CIO and
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the CTO that kind of they made the decisions.
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People who were in a function or in LOB did not have as much say,
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in the products and services that were being purchased.
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And oftentimes those products and services may not have been meeting their
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needs and
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they may not have been expedient with how they got deployed throughout the
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organization.
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Cloud changed all that, right?
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Cloud really has been a democratization of services and products.
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So when you think about SAS and SAS providers,
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they're really giving and serving products and
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solutions on a scale that we probably couldn't even imagine 10 to 15 years ago.
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But you don't need to necessarily, you always need to kind of go through your C
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IO.
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But you don't, these are things that a line of business owner can essentially
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procure on their own because most of these things are as a service.
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So you can have a line of business owner, a divisional head,
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someone who's the head of a function, and they can go and buy marketing
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technology.
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Or they can go and buy technology that they think is going to serve them and
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what they have to do for their own corporations or functions.
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As long as they manage their own bottom lines because most of these guys have P
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and
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L's.
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And so that has changed the game completely because now when you sell,
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you're not just selling to the CIO.
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It's usually the CIO plus a line of business owner or CIO plus a data scientist
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or
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CIO plus a functional business head.
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And there's probably two to three people that I would say kind of are at the
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core
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of making that decision, whether you have a chief procurement officer or CFO,
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CFO, CIO in line of business person or the data person that I mentioned earlier
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So that's how it's changed.
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And what I would share is that the decider,
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like who ultimately decides is generally the LLB leader in many cases.
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Because it has to work for them and how they drive outcomes for their business.
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So they are very invested in these decisions and conversations.
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So the partnerships have changed in organizations.
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>> Yeah, I forget the step, but it's like someone just came out with,
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that it's like the average buying community,
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people now are so great at that, right?
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It's like, I mean, it's as you mentioned because there's so
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much reliance on the line of business folks to really fight for
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those dollars that it's not something where one person is just going to sort of
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like wave the magic wand that's going to get done.
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>> It's not one person but who you definitely need to make sure you have
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a great relationship is the person with the budget.
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>> Right.
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>> So I would always, I like to say, well, many people think they have a vote
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in
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the vote, but when it comes down to it, I do think like in the organization,
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it's important for stakeholders to be involved in these decisions.
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And whether, I mean, I manage a function, right?
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I am a functional leader.
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And it doesn't mean that I just go buy whatever I want.
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I manage those discussions across who I think my stakeholders are.
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Ultimately, I am making that decision.
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Ultimately, it is the money coming from my budget.
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And so that is a case in many cases, but I would be remiss to say that I'm not,
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not making sure that I have those conversations with my key stakeholders on
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technologies that we may be purchasing that will have an impact to them and
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what they do in the company as well.
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That's just smart business.
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And I think it's important that people do that.
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So while it may not be 15, the ciders, right?
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It comes down to kind of two or three people who really ultimately own that
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decision because you're the P and L leader, there certainly are many voices in
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the room that you have to make sure that you try to get aligned to drive that
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decision forward.
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And what's your marketing strategy?
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How does demand and pipeline generation feel like that?
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We do a few things.
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First and foremost is I think having a strong account based marketing process
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and strategy is critically important.
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And it's interesting because it is a philosophy.
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I feel very fortunate actually because my CEO believes in ABM.
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Not all companies believe in it.
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If you use account based marketing as one example of an opportunity to
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drive demand across your portfolio, it is not for the faint of heart because
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it takes time to garner these relationships across a broader set of
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constituents.
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Like you just said, there may be 15 people who are giving input to a certain
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kind of opportunity that's out there.
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And if you have built the right relationships across the organization,
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then it certainly makes it much easier and you have a lot less friction as you
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're trying to navigate and scale an organization.
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So my assumption is that is many voices that are in the room as possible that
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you
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believe that you can influence your account based strategy is going to inform
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that.
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That is one of the things that we are very bullish on.
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The second thing would be leveraging our digital presence and even our own
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dot com environment.
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Teradata dot com, I always say, is the number one employee in the company.
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It's on 24 hours a day, 365 days a year.
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And the thing that I say about Teradata dot com, it speaks for you when you
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cannot
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speak for yourself.
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So if you have a strong website, strong environment, strong, what I would call
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integrated kind of chatbot strategy, it helps to understand and inform what
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people are looking for, what they're asking for and helping to understand,
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are they finding what they're looking for and are they staying on your site
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longer
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than the average?
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We recently did a whole cell kind of upgrading transformation to Teradata dot
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com.
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And we've increased engagement by more than 100%.
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I mean, people are staying on the site three times as long as they were before.
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We did it based on roles so you can kind of find information whether you are
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kind of
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strong IT vet, strong business vet, strong data and analytics.
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We kind of positioned our content to help serve you based on the kind of person
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that
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you are.
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And I think that's worked tremendously well.
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So those are just kind of two things that I would say that we doubled down on.
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Yeah, it seems like, especially if you're going after the global 10,000 and you
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have
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to just be so targeted with understanding all the different people in the room
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at those
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type organizations because, you know, there's not, they are very specific and
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they are very
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different and they act very different and their level of seniority and all that
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sort
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of stuff.
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Yeah, there's not this, what I would call one size fits all.
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There is a very, I would say one size actually doesn't fit all particularly and
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having those
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dimensions that you can personalize on or do more personalization has become so
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much
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more important than it was even two or three years ago.
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I think what happens when you look at how people purchase particularly coming
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off of
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COVID, everyone now has a certain level of expectation around what a digital
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experience
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looks like and how they expect to engage with you.
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And that has changed tremendously.
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And we have an expectation that you somewhat know who we are, maybe not 100%
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know us like,
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you know, I just met you and now I know everything about you down to your DNA.
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But there is an expectation that you have a general sentiment and consensus
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about what
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I like, what I need to understand, how I learn, how I actually kind of absorb
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and ingest information
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based on my own behaviors.
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And when we do understand that better, then we can target you in a way that
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doesn't feel
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intrutent but feels complimentary to your particular strategy.
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I will give you an example.
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So I was reviewing some, today I was reviewing some ads and one of my, she's
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actually the
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leader of in our APJ region.
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And she literally said in her note, I know this ad looks very text heavy
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because obviously
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it was in Japanese characters and it did look very dense.
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And she said, however, in the Japanese market, it is very much about like
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learning and kind
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of taking someone on a learning journey.
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So this dense text is what, you know, she gave a number of other examples of
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kind of
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what others were doing.
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This dense text at the banner level is what people are accustomed to.
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Now that may be very different from what people see on a banner ad obviously in
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the state
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because quite frankly, they don't like a lot of dense data in a banner and they
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're just
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looking for pippier comments and something that's kind of hit you and kind of
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grabs your
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interest and then you want to drill down.
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But you need to be more attention grabbing whereas the banner ad in another
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geography
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is going to be a little bit different.
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So you do have to employ these different types of what I would call meat
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strategies, kind
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of a cross your entire ecosystem.
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And there isn't a one size fits all.
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I love that.
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Yeah, we think about that stuff all the time obviously because we're marketing
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so many
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different types of content with all of our customers and just how little those
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little
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differences are in how a developer versus someone who's in finance versus a CFO
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versus
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someone in IT or those little things make such a massive difference.
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And not just that the copy matters but it's the broader thing, the broader
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lesson there
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is like if even just the little ad copy matters, imagine how much all the other
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stuff matters,
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imagine how they consume a webinar, imagine how they go to an event, imagine
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how they
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want to be told to or marketed to.
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It's like it's kind of never ending.
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Any other additional thoughts on strategy or your organization structure or how
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you think
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about marketing?
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So one other comment that I would make on personalization because in some ways
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there's
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such an expectation for it to be better than what it is.
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And I think we've all had the experience of you may have called into a call
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center or
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you may have gone and entered some information into a form and it's across a
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certain, like
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you're on the company's website and you're thinking, I've entered this
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information to
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the form.
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It should be a resident there.
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You should know who I am.
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So I don't want to enter it three more times just because I'm downloading
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another piece
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of content in the same session that I'm in.
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And so I think that for me when I think about better engagement and highly
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personalized
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experiences, it's do you really know who I am?
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How do I somewhat reduce the friction?
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People have in many ways moved away from gated content, but sometimes you want
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the content
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gated because you do want to give people more of what they're looking for or be
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able
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to say, hey, what about this or have you thought about that?
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Because sometimes you don't exactly know everything that you are searching for.
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Sometimes you need to be prompted.
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And so I do think as we kind of move into what I would call personalization, 2.
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0, 3.0, 4.0,
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or this next realm of personalization, it's going to be really incumbent upon
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all of us
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to really think about how do we provide more frictionless experiences and
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across our digital
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domains, whether that's support or customer success or developer portals or
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other places
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because you know that your prospects as well as your customers are entering in
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these different
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places, can you provide what I would argue would be a consistent and unified
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digital
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journey and experience?
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And most of us are not there yet.
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We just know what it should look like and ultimately I think if we get there,
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it's going to be
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so much better for both prospects and customers and just give someone such a
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much more immersive
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experience, which is what I do know that everyone is looking for.
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Do you get that experience where you feel like, gosh, I really enjoyed what I
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just read.
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That was interesting and thanks for serving up that additional content because
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that was
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something else that I wanted to know that I didn't know before.
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So those are ways I think to deepen engagement with your customers as well as
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to just create
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more stickiness for your brand overall.
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Yeah, it's just doing the work for them, right?
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And like, I was thinking about this last night, I had logged into, I set up an
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old TV and I
21:34
logged into an old profile for on Amazon and I was like, it was a bunch of
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shows, it was
21:43
like, you would like this.
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I was like, I've already watched that.
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And I was like, you would like this.
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I was like, watch that one too.
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I'm like, I'm gonna be logged in the wrong thing.
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And then I was like, what episode was I on this thing?
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And like, that's the sort of stuff when it comes to like content and how
21:56
companies could
21:57
like do way better, obviously, like that's the sort of stuff where, oh, you
22:01
actually
22:02
you've already read a blog post for like, this was the one that you just
22:05
finished and
22:06
this is where you left off or like you were listening to our podcast and this
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is where
22:09
you left off, like those sort of things that really help you in like the
22:14
research page
22:15
and the discovery phase like, hey, you've been here four times and like, stuff
22:20
that you
22:21
were looking at like, I do want to know that stuff and it is a wheel and it is
22:25
tiny bit
22:25
creepy, but it's like, we really want to know that stuff.
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But I'm like researching a company, I'm like going to buy a product.
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Like, I would like to know, have I been here before?
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Like, how many years ago?
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Like, oh, you looked at this company three years ago, you haven't been back
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since like,
22:38
a lot has changed, you know, whatever.
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Right.
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And we do want to know, so even though people sometimes say, oh, they don't
22:46
want to know
22:47
and I don't want you following me around and all this, you know, and there's
22:53
perhaps
22:53
some truth to that, but my attitude is if you go talk to a sales associate and
22:59
if you
23:00
are, you know, just happen to be looking for some outfit, something kind of
23:06
very generic,
23:08
right?
23:09
And you're a sales associate, you're going to ask a certain number of questions
23:15
in order
23:16
to serve that customer the best that you could.
23:20
That's what happens when you go into a store.
23:22
They start asking questions, what are you looking for?
23:25
Is it a special occasion?
23:27
One and on and on, you know, they start asking you, but good ones start talking
23:32
to you about,
23:33
you know, things that are as mundane as like even your family life because
23:37
essentially,
23:38
they're not necessarily sizing you up to say, what can I sell you?
23:43
They're sizing you up to say, what is the best thing that I can offer you so
23:48
that you
23:49
would actually convert to buying something?
23:53
They're asking you those questions on purpose and somehow in the span of
23:58
someone doing that
24:01
in person, it doesn't seem as intrusive as when that may be done digitally.
24:08
And I think that just for a staking time and for some of the other reasons, if
24:13
you don't,
24:14
you know, you're not going to do everything face to face, that having a digital
24:21
assistant
24:22
would help you to do some of those things certainly much more effectively.
24:27
And I'll just give you another example of that.
24:30
We are doing a recommendation engine for retail.
24:35
And in the example, I said that it would be important.
24:39
So this is what for some outerwear for, you know, someone who's like going to
24:43
go mountain
24:44
climbing or something like this.
24:46
And I said as part of the kind of narrative for this that the recommendation
24:54
engine in
24:55
terms of looking at modeling in a large language model that they would actually
25:04
know based
25:05
on the data that was sitting in the database that they would know that the
25:09
person was allergic
25:10
to wool.
25:11
Now, if you just Google what is the, you know, kind of materials that keep you
25:19
warm, they
25:19
are kind of, you know, wool and other animal based products and not everyone
25:25
can wear wool.
25:26
And I said as part of the, you know, kind of recommendation engine, what this
25:32
would be
25:32
ingesting and what it would already know, it would say like, I understand that
25:37
this is
25:38
an allergy that you have here is the alternative fabrics that give you the same
25:44
kind of warmth,
25:45
you know, but don't have the same other properties that are, you know,
25:50
discomforting or make
25:51
you uncomfortable because someone who's alert to wool, trust me, you're not
25:55
going to buy
25:55
something wool because it is like you really are uncomfortable.
26:01
And so those kinds of things as compared to telling me that someone bought four
26:07
jackets
26:08
that look like something else is personalization.
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When you really understand some specific characteristics, when you really can
26:20
put forward a recommendation
26:22
where someone says, this company really does know something about me and you
26:28
feel like you're
26:29
saving time and they are invested in giving you the best outcome that you can
26:35
achieve.
26:36
So the best opportunity for success, right, without without spending a lot of
26:41
time because
26:42
if you go to a store that only sells wool jackets, then why go there?
26:48
You need, you need other options that, you know, have more texts or something
26:52
else.
26:52
So those are the things to think about.
26:55
I love that I was talking to, this was years ago, I was talking to a senior
26:59
product leader
26:59
at Stitch Fix and they were saying that basically that their data showed that
27:04
if someone answered
27:05
and I think it was either eight or ten questions of their survey, that they
27:09
would, they basically
27:11
would turn way less.
27:12
But if they, if they just like skipped it or if they answered less questions,
27:15
it was
27:16
like if they answered six, they would turn like 20% more or something like that
27:19
And it was like actually just to get the information from them was so valuable
27:24
because the person
27:25
was would get a better experience.
27:27
And I always think about that like with clothes, we're like, yeah, if you get
27:30
those two extra
27:31
measurements, like it will literally fit better.
27:33
But for tech, for V2V, we're just like, yeah, yeah, yeah, yeah, but just give
27:37
me the thing.
27:37
Let me try, let me try, let me try.
27:38
And it's like, actually, if you could just get a little bit more data on the
27:42
front end,
27:43
we could probably make this whole thing better for you.
27:45
You get a little bit more data on the front end, you can actually see whether
27:50
the product
27:51
is actually a fit or what do you do, need to do to make the product be a fit.
27:57
I mean, you know, anything is what I call elastic and scalable.
28:01
So it's not like software is obviously like a pair of jeans or just kind of
28:06
fits perfectly
28:07
when you put it on or not.
28:09
If you have to kind of understand what are those dimensions and capabilities
28:13
that are
28:14
there that you can use and understanding what those really are or what's most
28:18
important.
28:19
And that's what allows you to do a better job with your own customers.
28:25
I always say in V2V, it's not so much, yes, selling to American Airlines is
28:32
important,
28:34
but what's better for me to understand is what is the American airline
28:38
passenger experience,
28:40
what does that need to be?
28:42
And knowing that experience and understanding that what are you trying to do
28:47
with your
28:48
VANx program, what are you trying to do with your loaded program?
28:51
And what does it mean when your operations are operating at top capacity?
28:59
What does that mean for the airline?
29:00
And how does our technology help you do that is what we're really focused on.
29:05
And I think those are the things because it's about the customer's customer.
29:10
Yes, American Airlines is extraordinarily important, but who do they care about
29:15
They care about the consumers that are relying on their flights every day.
29:19
Okay, let's get to the playbook.
29:21
This is our segment where we opened up the playbook and talked about the
29:25
tactics that
29:25
help you win.
29:26
Back from what are your three channels or tactics that are your uncuttable
29:31
budget at?
29:32
I don't think I would have said this a year ago and not because we were in CO
29:38
VID, but
29:39
just because I think how important the face-to-face experience is today even
29:48
more than it was
29:50
five years ago.
29:51
And so I would say you still have to do events, you still have to do in-person
29:56
events.
29:57
There is no substitute for people feeling like they have a human connection and
30:04
a human
30:05
interaction with someone.
30:06
It's critical.
30:08
Now, maybe weird for me to say the next one is digital.
30:12
So, the next one is digital because so much of what people do just in terms of
30:22
time-saving
30:24
because time is so scarce is you have to have a really strong digital strategy
30:33
for you to
30:34
kind of make any inroads because that's what everyone looks first.
30:38
You're not going to be able to get them to an event if you haven't done the
30:42
work, I would
30:43
say digitally and been able to kind of have those conversations through your
30:50
digital channels.
30:53
And the third and really equally important to all of them is this notion of how
31:02
do you
31:02
build trust and thought leadership around your brand until it is building
31:11
awareness
31:12
and having a strategy on thought leadership that really exemplifies why your
31:21
brand should
31:22
be the brand that people come to, I think, in a world where trust has eroded
31:29
significantly.
31:31
That building trust and understanding that you need to have a position and a
31:36
thought leadership
31:38
point of view on that is incredibly important, particularly at this time.
31:43
How do you do that and how do you get those stories out there and get that
31:47
information
31:47
out there?
31:48
Well, one of the things that we do is, I mean, one week we test and do a lot of
31:55
research
31:56
and we are one of the most trusted companies we've been for the last 20 years
32:02
listed as
32:02
one of the most ethical companies.
32:05
People talk about responsible AI.
32:08
I tell people that AI is not responsible.
32:13
It is a technology.
32:15
Yeah.
32:16
AI needs to be trusted.
32:20
People need to be responsible and that it is incredibly important for people to
32:27
be responsible.
32:28
When people are responsible, I do believe that they build trust.
32:33
They create an environment of trust and that this is going to be so important
32:39
over this
32:39
kind of next horizon.
32:41
We are at an inflection point with AI and generative AI and the only way that
32:47
this is
32:47
going to serve us for the betterment of all mankind is really to be able to be
32:54
trusted.
32:55
The way that I see it is, and obviously AI being a term that is literal, so
33:03
enormous to
33:04
even talk about or to think about, but specifically as it relates to B2B
33:09
marketing and how we are
33:09
using it in B2B marketing is if you say, what are the four best ways to write a
33:17
blog post
33:18
and you put that into a chat sheet of what ever spits out this thing, perhaps
33:21
that gets
33:22
the blog post done for you or whatever, but if you want to know Jacqueline's
33:27
four best
33:28
ways to create a blog post, that to me is way more interesting because that is
33:36
actually
33:37
something that she has been doing.
33:38
I know that it is bias because it is from her.
33:42
I trust the bias.
33:44
I know that she does things her way.
33:46
It is not the right way or the wrong way, it is her way.
33:50
I can pattern match my stuff off of that.
33:52
Whereas if you are doing the same thing with content creation where it is like
33:55
you have
33:55
this other thing where it is just predicting what words should go next, again
33:59
it might
34:00
be maybe even a more correct answer or maybe something that is whatever, but I
34:07
think that
34:08
is where you go back to the idea of responsible, who is responsible for hitting
34:13
publish on
34:14
this thing because if our goal is to help our prospects and customers do their
34:20
jobs
34:21
better, then someone has to be to stand behind the stuff that you are putting
34:26
out and be
34:26
like, hey, I rubber stamped this that I think that this is good enough to go
34:30
out and if
34:31
it is not, you should not put it out.
34:33
If you can't, if you can't, then you should not put it out either way.
34:39
I think your first statement was how to write a great blog is different from
34:45
writing the
34:45
blog.
34:47
How to write a great blog may give you some pointers on make sure you do not go
34:53
over 500
34:54
words and make sure that you use plain language and make sure that you have a
34:59
strong headline
35:00
and make sure that you give specific customer examples.
35:05
What I just said are four great ways to kind of bring content to a blog.
35:10
If you ask chat, GPD, that question, you are likely to get that type of answer
35:17
as compared
35:18
to asking it to write the blog for you on what are the best ways and kind of
35:23
compose
35:24
it very different composing something or giving you some ideas on making sure
35:31
you don't forget
35:32
like important topics that should be considered for your specific blog or
35:38
category, which
35:40
is where I think chat GPD can be valuable versus chat GPD being the author of
35:47
something.
35:49
Like you said, if I did the research and that popped up and I would say, "Oh,
35:53
here's great,
35:54
you're right.
35:56
These are the four things I need to catch a headline.
35:59
Is this headline catchy?"
36:01
"Oh, I need to have a customer example.
36:03
Here's my customer example."
36:05
It may be able to help you do those things in a way that you're saying, "I don
36:10
't have
36:10
to think about what are the four elements that make it best.
36:14
I just want to have the four elements and as long as I'm making sure that, do I
36:19
have
36:19
these four elements?
36:20
Yes, I do.
36:21
Now I'm good to go."
36:23
To your point, again, going back to the trust, plagiarism is still a real thing
36:30
You've got to be responsible for your own intellectual property and that you're
36:37
not
36:37
taking others, which also known as stealing.
36:41
Yeah, no, exactly.
36:44
I think that that's sort of like, "Hey, we're borrowing everything."
36:48
This is not necessarily the case.
36:52
I think the other thing too is like, "Hey, give me 20 headlines for a blog post
36:58
that
36:59
is XYZ.
37:00
Okay, give me two more.
37:02
Make those sound like Sean Connery's thing or whatever.
37:05
There's stuff that you can do that's so fun and funny and creative and all of
37:08
that stuff
37:09
that can get to, like you said, working the problem.
37:12
But at the end of the day, your company has to put the rubber stamp on it and
37:15
put it out
37:16
there and say that it's yours.
37:18
And if you're saying the seven best ways to run a mile, and it's like, "Did
37:24
your company
37:25
really believe that this is the seven best ways to run a mile?"
37:28
Because if not, you know, it would be a bit of a thing.
37:31
It's not be putting that out there.
37:33
But that, to your point Ann, that goes back to trust and it goes back to you in
37:40
the company
37:41
and the people that are in the company.
37:43
You are the ones that have to be responsible and accountable and you've got to
37:46
be accountable
37:47
to your employees.
37:49
You've got to be accountable to yourself.
37:52
And then last but not least, you have to be accountable to your shareholders.
37:56
And I think that it's going to be really important that people step up and own
38:02
that
38:02
because when they don't, I think it's going to be difficult, right?
38:06
Because nobody wants to be the first person that has a big faux pas.
38:12
Some attorney already had it where they wrote some kind of brief and got cens
38:16
ured, I think,
38:17
by some judge because they used information coming out of chat, GPT.
38:23
And what happened, it's only as good as the data that's inside of it.
38:27
So the data was some bad data that had been put in by someone else, which is
38:33
why you have
38:34
to be responsible.
38:37
Responsible is the word and it's the people that have to be responsible.
38:40
And I will say that every day until it's really, really believed.
38:45
Yeah.
38:46
And it brings up another point here, which is like sometimes the harder thing
38:53
is the thing
38:54
that you need to do, but also when it comes to specifically content and thought
38:58
leadership
38:59
and stuff like this, that the easy button is not always the best way to do it.
39:04
If it's something that is accelerating ideas to get it out there, to take
39:09
action and do
39:10
that, that's one thing.
39:11
But one of the things that you all did that you recently published are really
39:17
cool piece
39:18
of content.
39:19
And this is something that you all work really hard at for a long time.
39:23
Can you tell us a little bit about that?
39:25
Yeah, we are just published what is on the conversation around data and
39:32
analytics and
39:33
being ready and preparing yourself for the AI-driven enterprise.
39:38
And we believe that the AI-driven enterprise will be here sooner than you think
39:43
, and that
39:44
we think it's going to be around 2030.
39:46
So it's really only a few short years to get ready.
39:50
And what we learned from that study, and I would love for you all to read it,
39:55
but what
39:55
we learned from that study is really most companies don't believe that they're
40:00
currently
40:01
prepared, but by 2030, nearly probably over 70% of the respondents said that
40:10
they believe
40:11
their organizations would be prepared.
40:14
So there is a lot of work to do.
40:17
The respondents believe that they need to have a connected enterprise.
40:22
Most of you listening to this podcast, the first thing you'll say is we've got
40:25
data in
40:26
many, many places.
40:28
We have a lot of data silos.
40:32
I think that's one of the great things about Teardatas.
40:36
What we do is harmonize and integrate information, do a lot of data modeling so
40:41
people can do
40:43
quicker business decisions, and from that study, we just kind of learned, one,
40:49
not just people's
40:50
ambitions, right, hey, this is really important for us to really have an
40:55
enterprise that is
40:56
more data-driven, but really understanding where they are now and what they
41:00
believe that
41:01
they need to do in order to meet that ambition of being ready for 2030.
41:07
And as you mentioned earlier, Ian, a big theme was on trust in governance and
41:15
compliance.
41:16
That's a big theme.
41:18
Another big theme was innovation, just believing that if they have not so much
41:24
just a net information
41:25
and it's not about generative AI telling them the next big thing to do, but
41:30
really,
41:31
how do they really use innovation across the enterprise to figure out maybe
41:37
there is someone
41:38
in finance that has an idea that could help someone in marketing come up with a
41:41
better
41:42
way to do something there and really just driving faster, more efficient
41:47
productivity
41:48
around innovation and capabilities.
41:51
So those are a few of the salient points that came out of the study, but really
41:56
excited
41:57
and would love for everyone to read it.
42:00
I'm really excited and I'm going to dig in.
42:01
We're going to link it up here on the show notes so everybody can check out
42:05
enterprise
42:06
2030, but this is like it highlights one of my favorite two of my favorite
42:11
thing about
42:12
content, which is number one, I love independent research studies because they
42:19
're super valuable
42:21
because it gives you a snapshot in time.
42:23
And then number two, I love things that are forward-looking because we get the
42:27
opportunity
42:28
to read the tealies and this is how things are.
42:33
You have to prepare your business for six years from now.
42:37
You have to do that.
42:39
Everyone has to do that.
42:41
In all of us are sitting there, am I going to be at this company six years from
42:43
now?
42:44
I don't know, but I need to start preparing the organization for that and I
42:48
need to prepare
42:49
myself for it.
42:50
It's another thing that I always love content that's forward-looking because it
42:54
gets a little
42:55
bit into the sort of what might happen for sure that the crystal ball reading
42:59
and prognostic
43:01
getting and it gets those individual people assessing themselves and to say, "
43:07
Well, where
43:07
do I stand in terms of what this next thing is going to happen?"
43:12
Which I don't know what is going to happen.
43:14
So then how do I take concrete steps right now in order to see that?
43:18
And so I just think that type of content is something that more people should
43:22
do.
43:22
It's something that people should be investing in and you can do that research
43:26
again next
43:27
year.
43:28
You can do it the year after that.
43:29
What do we get right?
43:30
What do we get wrong?
43:31
Things like that I think compound over time and they give you a well to go back
43:35
to over
43:36
no.
43:37
Now you know you're moving the needle.
43:39
I mean, when we started this conversation with Ford, it literally was around
43:45
the same
43:46
time last year.
43:48
And my pitch to them was a following.
43:51
There are a lot of people that say data is the new oil, data is gold, data is
43:57
this.
43:57
And I said, you know, my own belief is that data is more like water because
44:04
this planet
44:05
is over 72% water.
44:08
That is what the earth is comprised of.
44:12
The usable water that you can use on this planet is 2.5%.
44:18
That is in glaciers, which means that the real usable fresh water is three
44:25
tenths of
44:26
1%.
44:27
And so when you think about data and all the data that's out there in the world
44:32
about 90%
44:34
of the data is like data that's duplicated or replicated.
44:38
And how much of the core data is new data and information that you can use.
44:46
And when you distill it down, it probably is very similar to water where the
44:51
usable data
44:53
that you can use once you've filtered it, cleaned it, harmonized it, associated
44:58
it with
44:59
the right things is it's probably less than 2% or 3%.
45:04
And that takes a lot of work.
45:07
And at the end of the day, like our, you know, thematic or our core belief is
45:13
that we believe
45:14
that people thrive when empowered with the right information.
45:18
And I haven't been able to find an example when we came up with that as our
45:23
kind of theme
45:24
and thesis that that's who we are.
45:27
That's what we do.
45:28
That's what we live for is that I couldn't actually come up with a thing where
45:32
I thought
45:32
that people didn't actually thrive.
45:35
People don't always necessarily use the right information when they get it.
45:39
But if they had it and they were able to use it, that they would actually be
45:44
better off.
45:46
And it's being able to distill that information down to a place that can be
45:51
used.
45:52
It's not gold, it is not oil, it is water, it has to be clarified, pristine and
45:58
filtered
45:59
in order for it to keep you alive and healthy.
46:04
And that's what good data does, in good data management does it even more.
46:09
So that would be kind of the thing that I really want people to walk away with,
46:15
not
46:15
just when they read the study, but having that as a core belief in how they
46:20
think about
46:21
information to be used as a baseline for driving their business forward.
46:26
I love it.
46:27
Like how Tom Brady drinks like 5,000 glasses a day.
46:31
Like once you get it all going, then you can drink a bun.
46:34
So I'll go in exactly.
46:35
Okay, let's get to the dust up segment where we talk about healthy tension.
46:41
Are those with your board of sales teams or competitors or anyone else?
46:44
I'm not going to be had a memorable dust up in your career.
46:48
Oh, I think we've all had a dust up.
46:53
I think we've all disagreed at some point.
46:58
And I'll share not something that's so specific, but something that's very
47:02
general.
47:03
I think that as you know Ian, I think between sales and marketing or just other
47:09
functions
47:09
in the organization that have similar goals, there's always a healthy bit of
47:15
tension on
47:16
whether it's how to approach clients or how to tell a story.
47:20
Those things are always going to happen.
47:24
I tend to be extraordinarily data driven.
47:29
So I tend to focus on not necessarily my personal emotion, but like on as the j
47:34
inn ziers say,
47:35
I have to receive.
47:36
So people know I always, I come with receipts.
47:40
I come with, they know that's how I roll.
47:43
I roll with receipts.
47:44
It's kind of like, okay, thanks for your opinion, but I have received because I
47:50
just
47:50
tend to be very data driven.
47:53
And so I think dust ups always occur when kind of it's like opinion versus
47:59
opinion versus
48:00
more about like kind of what is the information that we have to kind of really
48:05
come to the
48:05
best decision or outcome.
48:07
I've learned over my career to really build allies and build relationships.
48:15
I think that's something that you learn as you get older.
48:18
These are things that I wish I knew when I was 25 or 30 because at 25 or 30,
48:22
you know
48:23
stuff and you're like, God, I know this and no one's listening to me.
48:27
And you don't necessarily take the time to build the relationships and build
48:32
consensus.
48:33
Anyone that I mentoring that is like the first thing that I tell them, you know
48:37
, please,
48:38
please, please think about it's not so much about being right, even if you are
48:43
right, but
48:44
take the time to build the relationships and consensus.
48:48
And then I think you can minimize the distance, but you know, you're not going
48:51
to get along
48:51
on everything all the time.
48:53
And I think healthy tension is good.
48:55
I think the conversation should be had.
48:57
I think talking about things people shy away from talking about stuff.
49:00
I think it's one of the most important things you can do.
49:03
Not always going to agree on everything.
49:04
Well, you know, it's funny when I took negotiation class, many, many moons ago,
49:09
our negotiation
49:10
instructor was like the person who is more prepared when the negotiation.
49:14
Like virtually.
49:15
And it's just like one of those things that stuck with me, the modern allegory,
49:20
just
49:20
bring this.
49:21
Bring this.
49:22
Bring this.
49:23
Yeah.
49:24
Okay, let's get to our final segment.
49:25
Quick hit.
49:26
These are quick questions and quick answers, just like how qualified.com helps
49:29
companies
49:30
generate pipeline quickly tap in your greatest asset, your website, identify
49:35
your most valuable
49:36
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49:37
I mean, instant start sales conversations right there on the site.
49:41
Qualified is quick and easy.
49:44
Just like these questions, go to qualified.com to learn more.
49:46
Jaclyn, are you ready?
49:48
I am ready, Ian.
49:50
Number one, what's a Intellinor skill that's not in your resume?
49:54
Well, I used to be at the dance company.
49:58
I think my hidden talent is this kind of hidden energy that's inside of me.
50:07
I love bringing out that kind of joy.
50:11
And even in my meetings that I have with my team, sometimes I start just
50:14
playing songs
50:15
and getting everyone up to dance.
50:17
So my hidden talent is kind of doing that spontaneously.
50:22
I don't think people expected.
50:24
And then when you're an office service company, they're like, "Oh my God, I can
50:27
't believe
50:28
this theme.
50:29
I was doing this thing."
50:30
But I'm thinking something that I love.
50:34
And I also just kind of really loved thinking and talking about the future and
50:39
bringing people
50:40
along.
50:41
And I think those two things together are my hidden talents, if you will.
50:46
Your favorite book, podcast, do you show that you're checking out that you'd
50:50
recommend?
50:51
Well, other than your podcast, hey, I'm going to be visionaries.
50:58
That's right.
51:00
I was just reading this book this summer, which is called Radically Human,
51:05
which is really
51:06
interesting because it talks about this integration of AI with kind of the
51:12
human existence and
51:14
know the machines are not going to take over the world of people.
51:17
We are again responsible.
51:20
So we just need to make sure that we understand that.
51:22
But I love that.
51:23
I love the notion of using it to be better humans, but not using it to take
51:30
over humanity.
51:32
Back in the day, everyone was terrified because there was a technology change
51:36
and they thought
51:37
I was going to take everybody's job.
51:40
And the technology was electricity as jobs would play.
51:44
So I think we'll be okay.
51:46
I think we'll be okay.
51:47
I think.
51:48
Do you have a favorite non-marketing hobby that maybe indirectly makes you a
51:51
better
51:52
marketer?
51:53
Yes.
51:54
My non-marketing hobby is I do a thing with my teams, which they know that I do
52:01
I love just walking and I do a walk-and-talk with many of my team members.
52:07
I do with everybody.
52:08
I do with my whole family.
52:09
I'll just start walking and then I'll be like, "Hey, I'm walking.
52:13
Let's do a walk-and-talk."
52:15
So that's become a big thing.
52:16
I think one, just the walking allows me to kind of just decompress.
52:23
But I've solved many problems, including the world's problems on my walk-and-t
52:28
ops.
52:28
Oh, I totally agree.
52:32
I'm walking and talking.
52:33
In the world and conversations.
52:35
Solve it all.
52:36
Final question.
52:37
What is your best advice for a first-time CMO?
52:39
I know you've done this job a couple times.
52:42
What's your best advice?
52:43
The best advice that I give really all CMOs always is to really understand the
52:51
business
52:52
that you are marketing.
52:54
It is still amazing to me.
52:56
I'm always fascinated when I talk to people who may be in marketing, but they
52:59
don't understand
53:00
the business and how that business actually makes money.
53:05
So it's not just I sell a widget, but what does that widget do in the world and
53:10
how does
53:10
the company selling the widget actually make money?
53:14
Maybe it makes money on servicing widgets, but not on producing the widget
53:18
itself.
53:19
You'd be surprised at the number of people who don't understand their business
53:23
models
53:23
and the best thing that any marketer can do is you're not the CFO, but please
53:33
know how
53:34
much the CFO will respect you as a marketer when you are speaking their
53:39
language and talking
53:40
to them in a business acumen and vernacular that they understand and not
53:46
talking sometimes
53:48
how we can talk as marketers to understand that is really critical and I
53:53
promise you,
53:54
I promise you, you will get more budget than you think that you can.
53:59
By just being able to help them understand that you understand what the
54:03
business model
54:04
is and that you're there to help drive and grow that business.
54:09
Jacqueline, it has been absolutely wonderful having you on the show.
54:13
For listeners, you can go to tarotdata.com, check them out, go check out the
54:17
Enterprise
54:18
2030 report, we'll link it up in the show notes.
54:21
Any final thoughts?
54:22
Anything to plug?
54:23
Other than the 2030 report, I thought one question you were going to ask me is
54:29
what
54:29
would I be doing if I wasn't a marketer and you did ask?
54:35
I skipped it for time, but I would have to ask it.
54:39
I know you skipped it, but I decided that I would be the new Oprah from
54:44
marketers because
54:45
I think that this is an interesting time for us, that there's a lot of really
54:51
cool and
54:51
unique things that are happening in marketing that weren't around like five or
54:55
ten years
54:56
ago, so I feel like this is our time, totally.
55:00
Well, I know somebody who runs a company that makes shows, so we'll have to
55:05
talk offline.
55:07
We'll have to talk offline, for sure.
55:09
On my vision board, I think make the next Oprah of marketing would be my pervy.
55:17
I'm ready.
55:20
Awesome.
55:21
Well, it's just so wonderful chatting with you.
55:24
Thanks again.
55:25
Thanks for being so generous with your time, and we will talk again soon.
55:29
Thank you.
55:30
Thank you, Ian.
55:31
Thanks for having me.
55:32
Bye.
55:38
(upbeat music)