Esther-Mireya Tejeda, CMO at Anywhere Real Estate Inc., shares about tapping into the unconscious emotional makeup of consumers.
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[MUSIC]
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Welcome to Pipeline Visionaries.
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I'm Ian Faiz on CEO of Cast Mein Studios.
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And today I'm joined by special guest, Esther Mariah.
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How are you?
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I'm well Ian.
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Thank you for having me on.
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Excited to have you on the show.
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Chat marketing, chat pipeline, chat anywhere in real estate,
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and everything in between.
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And today's episode is always brought to you by the great friends
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at Qualified.
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You can go to Qualified.com to learn more
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about how you can have really fast conversations on your website
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with your ideal customers.
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Ian, let's get into it.
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How did you start on marketing?
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So that's actually quite a funny and non-direct story.
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So I had no intention of going into marketing.
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I actually thought I was going to go to law school
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and took a gap year between undergrad
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and getting ready for law school.
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Went to work as an analyst on Wall Street.
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And I worked for Standard and Poor's.
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And it was a very financial service,
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white shoe from kind of culture.
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This is early 2000s to date myself.
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And I realized very quickly, by very quickly,
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I mean, probably the first day, that the culture
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and the environment and just the tone of the whole place
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was not for me.
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And so every day I was running into my office,
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I was living in Brooklyn at the time.
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I was taking the train down to Wall Street.
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I was wearing the typical financial service Wall Street
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analyst's uniform of the trousers and the button downs
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that are tucked in and pencil skirts in the whole nine yards.
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And I could not have been more miserable.
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And so I had this moment of epiphany on the train ride one day
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where I said, I really feel like I'm in a costume.
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And I really feel like I'm living someone else's life.
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This is not remotely what I want to be doing.
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And so to make a long story short,
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I got into throwing events on the side
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as a way to make additional money,
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as a way to have a lot of fun.
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I had a lot of friends, very social.
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And I quickly realized I could monetize my social circle
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by doing club promotions.
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And so club promotions led to this other idea
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of doing experiential marketing.
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In other words, creating these events from scratch for brands
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instead of doing them for clubs.
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And so next thing you know, I am at OBLI,
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taking on my first proper marketing job,
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working for British American Tobacco as my first ever client.
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And so the next 20 years has really come
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from this inflection point of being on that train that morning
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on my way down to Wall Street and realizing
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I have to find something else to do with my life that
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is more connected to who I am.
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It's a person and is more, more connects the left side
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of my brain, the right side of my brain.
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And here we are.
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And I'm so glad you did.
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I couldn't imagine you in Wall Street.
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[LAUGHTER]
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The marketing needs you.
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Yeah, so flash forward to today, tell us
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what it means to be a CMO of anywhere.
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So anywhere is the one of the leading residential real estate
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companies in the US.
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Many folks won't know us as anywhere
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unless we happen to be in the business
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of residential real estate.
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But most people do know our global brands.
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And those include Sotheby's International Realty,
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Corcoran, Coldwell Banker, Century 21, Better Homes and Gardens,
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ERA.
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And we are also in the business of title and insurance
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and mortgage and corporate relocation through cardis.
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So it is a full service residential real estate
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corporation that is really in the business of transforming
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the way that we think about housing
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and the way that the housing transaction works.
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And finding ways to make that much more
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simple for buyers and sellers, agents and brokers
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with the smart and deliberate use of technology,
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where that makes sense.
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And having such a huge portfolio of brands
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that everybody knows and loves, how does that change how
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you think about marketing?
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So marketing has evolved greatly in the past two decades
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or so that I've been in the business.
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I mean, as I mentioned, when I first started,
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I was working on tobacco brands.
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Then I went to work on one in spirit's brands
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at Pranova Card on the agency side, Matiasgio.
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And I was working on Johnny Walker and Stolivaca
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and Smirnoff and Guinness and quite a few other big global
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brands.
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At that time, marketing was really about brand awareness,
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engagement, brand health.
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Lots of PR, right?
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And being at the center of the conversation,
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especially in these industries where above the line
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advertising was really difficult to do because
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of the regulations involved in the industry.
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So really learning how to think about marketing
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with a very scrappy mentality and how
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to approach this engagement question and the brand awareness
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question without breaking any rules, obviously staying legal
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but also being really creative about the strategy.
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And so over the years, we've seen as the industry
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has evolved, as human beings in our behavior
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have also evolved in response to the world around us evolving.
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It's this perfect kind of trifecta of change
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that has been going on for the past two decades, really,
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since the beginning of the digital transformation
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of our lives of society.
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And so what we see now in marketing
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is it's gone from this really heavy focus on awareness
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and advertising, experiential, et cetera,
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to now be a really technical, digital first business
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and discipline that requires pretty significant understanding
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of data and analytics and much deeper and much more
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precise understanding of consumers or customers
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in order to get to the end result, which is ultimately
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and has always been about driving business growth.
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All right, let's get to our first segment, the trust tree,
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where we go and feel honest and trusted
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and you can share the deepest, darkest marketing secrets.
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Obviously, a lot of different brands,
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a lot of different customer types.
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Who are your customers?
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How do you think about your customers?
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I think that's a great question and that's something
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that is actually evolving in the trajectory
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of the company and the business.
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I think first and foremost, our customers
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have always been agents, brokers, franchisee owners
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and affiliates, folks that are licensing our brands,
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agents that we're recruiting into the network, brokers
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that we're recruiting into our network across all of the brands.
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What we're now understanding and I think really doubling down
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on is that buyers and sellers are also our customers,
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even though it is a B2B to C model.
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And so in order to continue to be successful and to future proof
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our business and to transform the industry, truly,
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we have to start centering that customer consumer buyer
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seller experience and evolving that to meet the expectations
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of consumers in today's day and age, which are very, very
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different from the expectations of consumers even five years
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ago, let alone 10 years ago, let alone 20 years ago.
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And so there's a pretty large gap right now in the industry
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that anywhere as the leader is in a really unique position
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to be able to solve, which is how do we then
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think very differently about how the average buyer
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and how the average seller approaches a housing transaction,
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how they become educated on the housing transaction,
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how they engage with a broker or an agent
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to list their home or to buy a home.
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And then what does that process from being under contract
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to actually closing on a home look like?
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And in what ways can we make that less complicated,
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less stressful, and less disparate, which
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is the feedback about the process today
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that we're hearing loud and clear from consumers.
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So we need to solve that and think about the business
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of housing really holistically and all of those people
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that I mentioned that are involved in the transaction
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are all our customers in some way, shape or form.
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Yeah, it's such a fascinating company,
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but also such a fascinating problem
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to solve because real estate is so multifactorial, buying a home
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comes down to things that are so macro, things that
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are outside of anyone's control, then down
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to things that are so incredibly micro.
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Like, hey, are you on the sunny side of the street
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or the shady side of the street?
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Or things like, is this the right walkway that I want to have?
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Or where does there is the possibility to expand or to grow?
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There's so many different things there.
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And I think that you nailed it is just there's
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so much uncertainty with the process.
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And back in the day, you just did whatever your real estate
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agent told you to do.
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You're actually raising a couple of really interesting points.
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And I love this conversation because it really gets to the core
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of what it is that we're trying to solve.
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Number one is my belief that a lot of the decision-making
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from a buyer and seller perspective that happens
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on housing is emotional and largely unconscious.
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And I think the decisions that we see people
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make around what house they buy, what house they don't buy,
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are largely post rationalized decisions
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to make their gut reaction to the house make sense
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after the fact.
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And so to be really successful marketers in real estate,
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you have to first truly understand
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that a lot of the motivation in the customer journey
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and the consumer journey comes from deep inside.
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And it comes not from the rational thinking mind,
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but somewhere inside their emotional makeup
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and what I like to call their heart set.
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I mean, how many times have we seen,
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have we experienced, have we witnessed,
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have we heard of a family coming into a home
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that they're viewing for purchase?
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And they have this magical moment where they imagine
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their family, their kids, having breakfast
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at this breakfast club playing in this perfect backyard
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and they fall in love with the house
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and hear this whole thing around falling in love
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with the house.
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And that is a completely emotional thing that has happened
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and then that family will go back and rationalize
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how do they make that purchase make sense.
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It might be out of the zip code that they want.
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It might be a little bit more expensive than their budget.
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It might not actually be the school district
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that they wanna be in,
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but they have fallen in love with the house.
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And so they're gonna make that make sense for them
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in some way, shape or armor.
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We see those type of choices happen over and over again,
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which really leads to my hypothesis
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that a lot of the decision making that happens
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in real estate and other industries,
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really, I think across the board,
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have more to do with the consumer heart set
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than it has to do with the consumer's mindset.
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Although we like to believe ourselves as people
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and as consumers as being primarily rational,
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we don't really see that coming to life
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when we look at consumer behavior overall.
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The other point that you mean that I wanna just touch on
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quickly is around who's the expert, right?
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It used to be the case, not just in housing,
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but in anything, buying a car,
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buying a new refrigerator,
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buying a pair of sneakers,
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that when you went into,
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I'm gonna date myself, nobody beats the whiz,
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to buy a refrigerator in 1997.
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The expert on refrigerators was the person
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that nobody beats the whiz who was gonna talk to you
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about the whirlpool versus the Samsung
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versus the Frigidaire,
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and was gonna educate you on what is better
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for your particular set of needs, et cetera.
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We are now in a completely different set of circumstances
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for consumers because so much information
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is available on the internet
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that now the consumer believes themselves to be the expert
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and wants to do all of that education
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and quote unquote research online independently
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and in a way that they believe is unbiased,
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and I'm putting that in huge air quotes
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because we don't really know that it's unbiased,
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but that's the consumer perception.
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So that by the time they get to best buy in 2023
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to buy their refrigerator,
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they already have narrowed it down to two or three options
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and they're really there to make this quick decision
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and they're not really looking at the salesperson
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as the datekeeper of all of the trusted information.
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They're really looking at the salesperson
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as a transactional partner
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to help them get across the finish line.
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And that is a completely different set
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of customer expectations that we have ever dealt
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with as marketers and salespeople and businesspeople
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in the past.
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And so the entire business of marketing has to shift
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to understand that that shifted consumer behavior
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means the way we approach consumers must also evolve,
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the way that we engage consumers must evolve,
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the experience must evolve,
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and what actually happens at actual point of sale
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has to evolve because the consumer's coming
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into the experience with a very different mindset.
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- Yeah, I love it.
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I couldn't agree more.
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I bought out like a year, a half ago almost.
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And like fortunately our agent,
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shut out, it was, it is like, is the best.
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And it was because she could see the things
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that we couldn't see, which is,
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hey, I've told this story, I thought it was poor.
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But when, okay, when you walk in the home,
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you're gonna wanna look at this,
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and then you're gonna wanna put your bag here,
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and then you're gonna want,
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and then you have a five to two and a half year old.
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It was one at the time.
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You're gonna wanna be able to walk over,
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put your kid here and make dinner while he's here,
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and not wanna have it be over here.
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So this house is great, or hey,
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this house looks really good stage like this,
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but it isn't gonna live like this at all.
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And all of your crap is gonna be on the dining room table
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all the time in the middle of your house,
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and it's gonna drive you crazy.
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And just like those, those sort of next level things,
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I think it just speaks to that in any sales situation,
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the person who is more informed is better off.
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And as marketers, we need to inform our customers,
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which is much information that they can make those decisions,
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and our sellers, so that we can have them make decisions as well.
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That's right, and I think the name of the game
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is the appropriate level of education
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that puts the consumer in the driver's seat,
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so that when you go into a house
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and you have this fabulous agent
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who's helping you to understand the experience
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of living in that home, right?
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You feel so empowered, and you are really getting the tools
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and the information and the guidance that you need,
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so that you become the expert,
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and you're able to make the right decision for yourself
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and your family.
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And what we're trying to introduce
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through this transformation work at anywhere
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is that, plus, all of the different ways
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that technology, tools, products, services, apps, et cetera,
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can support that journey,
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so that when you do finally pick the house that you want,
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the process of getting from the contract to the close
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is just much more seamless.
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I know you've been through this recently,
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so I know you know what I'm talking about,
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the process of getting the housing inspection done,
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and then getting title insurance on the house,
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and then going to get an appraiser
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to come and take a look at the house
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and trying to negotiate all of these things
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at the same time as one individual entity,
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with some support, obviously, from your agent,
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who are really the backbone of this industry,
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but wanting to also feel like you know what's going on,
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and you're ultimately project managing this yourself
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as the buyer or largely as the seller,
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and so how can technology make that process less cumbersome
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and less heavy for the buyer and the seller,
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and there's a lot of opportunity to make that a reality,
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and those are the things that we are actively exploring
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as a business, which I happen to be super excited about.
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For us to be successful at driving revenue and growth
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through marketing, we have to take a 360 degree approach
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to our strategy and understand with serious granularity
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how all of those different parts of the whole
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create the entire funnel, right?
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And so it is B to B, and it is B to C,
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and only by thinking about those things
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in a very integrated way,
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can we drive the results that we wanna drive for the business?
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If I'm only to focus on B to B, and I'm recruiting agents,
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and I'm selling franchises, and I'm recruiting brokers,
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but I'm not supporting the process
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of actually selling a home to a consumer,
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they are not being set up to succeed,
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and by then, I mean agents and brokers, right,
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the books that we're recruiting.
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If I only focus on B to C,
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I'd say a completely different business model,
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because anywhere itself doesn't sell the home,
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our agents and our brokers are selling the home.
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And so we need to have all of these things
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working in a very beautiful choreography
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that is strategic, that is sound,
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and that ultimately focuses on a single thing,
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which is driving growth from all of the different
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economic touch points in our business
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to get to the bottom line, which is more housing,
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more successfully closed housing transactions,
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more franchise sales, happier agents,
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more engaged brokers, and consumers that are reporting
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on a housing experience that is positive
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and that they would recommend to their neighbor,
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to their friend, or to their family.
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- All right, any other thoughts on sort of marketing
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strategy or how you go to market to your customers?
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- So the interesting thing that we're doing now,
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that I think is the next frontier for all marketing,
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regardless of industry, is emographics.
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And so this is something that I have been grappling with
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and unpacking and building brick by brick,
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because it's something that really doesn't exist yet,
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and I think it should.
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And so what I mean by that is historically,
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as marketers, we first really looked at demographics.
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That was the way that we understood customers,
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that's how we segmented, that is how we targeted
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to whatever extent we were targeting at that point
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in our marketing journey.
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And then we moved on to what at that point was
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the cutting edge, which was psychographics,
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and then we started building personas,
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build based on psychographic mindset cues, right?
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Things people like, things people do,
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things people don't do.
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This is a person that is like this,
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this is a person that is not like that.
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And we would craft these personas that would become,
21:32
again, our segmentation vehicle for targeting
21:35
and what we consider to be precise marketing at the time.
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What we were asking, when we were looking at demographics
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and psychographics is the what of people.
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What is this person, what does this person do,
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where does this person live, what, what, what, what, what.
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We have always thought that we're asking why,
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but the question that we're asking
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and the way that we're segmenting actually
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doesn't tell us anything about the why.
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It tells us all about the what.
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And so the next layer of it.
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Yeah, so the next layer of this is,
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let's be serious as marketers about our endeavor
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to understand the why.
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This is what we've been talking about,
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certainly as long as I've been in the business.
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Why is that person the way that he or she is?
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Why does that person like this versus that?
22:25
Why does that person spend this many hours
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watching this type of content versus another type of content?
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And what I have been doing is doubling down
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on that question through neuroscience research.
22:38
And we have been really trying to get
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to the unconscious emotional makeup of consumers
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that set up their predisposition to like or dislike
22:52
and to behave or not behave in particular ways.
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So I call that the layer below
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the things that we are already measuring.
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And it's based on this premise that over 95%
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of our human behavior is actually rooted
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and driven by unconscious emotions
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that we're not even aware of.
23:13
So it's not stuff that I as a consumer
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would be able to articulate in a focus group.
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It's not things that I would be able to
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as a consumer articulate in a survey.
23:23
And so it is our job as marketers
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if we think about ourselves as business psychologists, right?
23:29
To get further down and deeper into that mindset,
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to get to the heart set to understand those things.
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And that's really what this is about.
23:37
And so in creating these emographic personas
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which is what I'm doing through neural, like I mentioned,
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I'm trying to get to why people operate,
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how they operate, why people think and like what they like.
23:54
And then marrying that data with the psychographic data
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and with the demographic data,
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this combination of things becomes this kind of much more
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sophisticated trifecta of information
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that gives me a much clearer picture
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of who my customers are.
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And now with that deeper understanding,
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more precise segmentation that really takes
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into account the emotional state of people.
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And I don't mean this like mumbo jumbo,
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you know fuzzy, warm feelings.
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I really mean like, this isn't an anxious person.
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This is a person that is deeply insecure
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and needs these kinds of drivers to feel secure
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and that's gonna be an important part
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of our messaging strategy.
24:39
Or this is a person that is operating on fear.
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Or this is a person that is operating on aspiration, right?
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And so how we go to market those different people
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is really, really different.
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That plus psychographics plus demographics
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allows us to get much, much closer to the core
24:56
of our customer behavior, which in turn means
25:00
we could be much more precise and deliberate
25:05
in how we market to those folks
25:07
and where we spend our money
25:09
and how we craft our content and our messaging
25:11
and our creative and how we can drive the business outcomes
25:15
that were ultimately tasked with driving.
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- And let's get to that money spending right now.
25:21
Let's go to our next segment, the playbook
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where you opened up the playbook and talk about the tactics
25:25
that helped you win.
25:27
What are your three channels or tactics
25:28
that are your uncuttable budget?
25:30
- Oh God, this is a hard question.
25:34
So I think that, like I mentioned before,
25:40
I think marketing is about choreography
25:43
and it is about really smart integration.
25:47
So when you lose something,
25:49
when you take something out,
25:51
the whole system suffers in some way, shape, or form.
25:54
But if I were to pick the three things
25:57
that I would build as my foundational pieces
26:00
for any marketing strategy,
26:02
it would number one,
26:03
buy and large, be research and insights.
26:06
You can't build anything without having the research
26:11
and insights to drive the decisions
26:13
that you're making, the strategies that you're building
26:16
and to understand the ecosystem
26:18
that you're entering into as a marketer
26:21
and as a business leader.
26:22
So that's number one.
26:24
The second thing I would absolutely invest in
26:28
is strategic planning.
26:30
So taking those insights and creating thoughtful
26:35
and deep perspectives on how to grow the business.
26:40
And so strategic planning is a thing.
26:43
I think the industry, marketing industry
26:46
suffers from a little bit.
26:49
I see a lot of focus on go to market,
26:52
a lot of focus on campaigns,
26:55
a lot of focus on just doing action items
26:58
and getting things out there
26:59
and turning channels on and off
27:01
and pressing all the letters for delivery.
27:04
But none of that works without having a strategic plan
27:07
first and foremost and having the insights
27:09
that are driving that plan, even behind that.
27:12
So those are two things.
27:14
And then the third thing is measurement and analytics.
27:17
I think marketing has still a long way to go
27:22
in terms of the branding of itself
27:25
as a growth driver and a revenue generator.
27:29
And part of the reason for that
27:30
is that we've historically looked at
27:31
or been thought of as cost centers
27:34
because we have lacked as a discipline
27:36
the ability to measure and to have ROI analysis
27:41
that really ties our work to the business strategy.
27:46
And so that as the third thing that is an absolute must
27:50
for me is critical because it is us
27:53
the permission as marketers to continue to do what we're doing
27:57
and to have a seat at the table
28:00
and to be part of the larger business strategy conversation
28:03
without having those analytics that support that connection.
28:07
We really go back to being an arts and crafts function
28:10
and a cost center for the average CEO
28:13
and the average executive suite,
28:15
which is where we do not want to be as marketers.
28:19
Yeah, I couldn't agree more.
28:21
What's something that you don't see working that you're
28:25
that you're not going to be investing in or something
28:27
that's I know you don't want to cut out.
28:30
But the most cuttable thing.
28:34
Well, I'll go back to the insights.
28:36
I think the most cuttable thing is go to market campaigns
28:42
and strategy where I don't have a clear understanding
28:47
of what is the strategic hypothesis behind what we're doing.
28:52
Right. And so having to have that diligence
28:56
is just paramount to having successful work
29:00
and also again, being able to connect the work
29:02
back to the business agenda.
29:05
And so I think a lot of times where marketing struggles
29:10
is maintaining that connectivity to the business agenda
29:15
being very active in the business of going to market
29:18
and executing short term campaigns with short term goals
29:23
that ultimately are not lettering up
29:26
to the overall needs of the business
29:28
and instead are trying to hit on immediate quarter
29:32
by quarter micro goals.
29:35
And it's very hard once you get into that universe
29:40
to get out of that.
29:42
And so if we could all as marketers avoid that trap
29:47
and just always keep our eye on the prize
29:50
and be looking at the macro business problem
29:53
that we're here to solve, we would all be better off
29:57
for it as a discipline.
29:58
And two, I think we would just be hugely much, much more
30:01
successful delivering the results that our CFOs
30:05
and our CEOs expect and want to see.
30:09
What about that experimental budget,
30:11
the little extra 10% that you have tucked away
30:14
for something crazy?
30:16
What do you want to spend it on next year?
30:18
What are you thinking about?
30:19
Debating that you want to spend it on for your experiments
30:22
for next year?
30:24
More research.
30:26
More research.
30:28
One of the things I'm introducing now for 2024
30:32
is user testing for marketing, deliverables.
30:37
I know we all do testing.
30:38
User testing is very common in product.
30:41
User testing is very common in UX and UI.
30:44
But we should be taking that same exact approach
30:47
to our creative.
30:49
And I don't just mean A/B testing and things of that nature.
30:53
But let's use our tasks against real people.
30:56
How are they experiencing our campaigns?
30:59
How are they experiencing our websites?
31:00
How are they experiencing our mobile apps?
31:04
How are they in real time experiencing even something
31:07
like their agent experience, their broker experience?
31:10
How are our agents and brokers experiencing our products?
31:14
How are they experiencing the marketing
31:16
that they get from us?
31:17
We need to test that.
31:19
And we need to test that in a varying academic, rigorous way.
31:25
Because ultimately, everything that we're doing
31:28
is about meeting the needs of a user.
31:31
Whether the user is our agent customer, our broker customer,
31:35
our franchisee customer, or the buyer and seller customer,
31:38
it's all in service of that person.
31:40
So we need to be getting real time feedback
31:42
from whoever our customer is in that particular example
31:47
of that particular deliverable to continue
31:50
perfecting what it is that we're building.
31:53
And so if I had extra dollars coming down from the sky,
31:57
I would implement a full service user testing initiative
32:02
across all of my touch points and all of my customer experience
32:07
journeys and channels.
32:10
Your favorite campaign that you've run--
32:13
I will tell you my favorite campaign of all time
32:17
was Captain Morgan running for president in 2008.
32:25
And it was a really fun one.
32:28
And so we actually went out to the DNC,
32:31
the Democratic National Convention, and the RNC,
32:34
the Republican National Convention, with Captain Morgan.
32:38
And we got a petition signed to put him on the official ballot.
32:42
There was a ton of PR.
32:44
This was really at the beginning of social media,
32:46
so big MySpace.
32:48
So there was a lot of content coming up on MySpace.
32:51
And it became kind of a viral sensation.
32:54
Oh my god, it was great.
32:56
And that was, I think, one of the most fun and interesting
33:01
campaigns I have ever worked on and really also set the bar
33:07
for out-of-the-box thinking and tremendous creativity.
33:11
I love it.
33:12
That is so awesome.
33:14
That's cool that you were working on that.
33:16
That's fun.
33:18
Yeah, that was Diachio.
33:21
And it was, again, this goes back to being below the line.
33:26
You can't just run this sort of standard plays
33:29
like any CPG company would run or like McDonald's or Nike
33:34
or anybody else, because it's regulated in its wine and spirit.
33:36
So you, as a person who grew up in these highly regulated
33:41
industries, like I said, tobacco, wine and spirits,
33:43
first and foremost, the default setting
33:46
was what everyone else does doesn't work.
33:48
Nothing off the shelf is going to work here.
33:51
So you have to come into the conversation already
33:54
knowing that there is no playbook.
33:57
And we are building those trash.
34:00
And you have all of these challenges and obstacles
34:03
that are working against you, things
34:05
that you absolutely can't do, can't touch, can't even
34:07
contemplate.
34:08
And so with what you've got, what can you do?
34:12
And so that sprappiness has really
34:14
become like a foundational piece of who I am as a person
34:18
and also how I approach all of this work.
34:21
And that's why I've been in the business of transformation
34:25
work and coming into companies like anywhere
34:28
that are in the business of taking something, making it
34:31
better, or in other roles, taking things that don't exist
34:35
and building them or taking things that are on life support
34:38
and resuscitating them.
34:40
And it really all starts from that beginning experience
34:43
of being an outside of the box industry that
34:46
required flexible thinking.
34:49
You also built a sort of like an in-house creative agency.
34:53
Can you talk about that?
34:54
So when I came to anywhere, there's
34:57
already an in-house creative studio
35:00
that is part of the offering that we have for agents
35:06
and brokers.
35:06
And it's a way to give a value to our network of agents
35:12
and brokers, regardless of a brand who need marketing support
35:16
to market to their sphere of influence,
35:18
to get leads, all of those things.
35:20
And so what we've been doing in the studio in the past year
35:24
or so is evolving and transforming that to really become
35:28
a full service end-to-end digital marketing agency that
35:33
goes beyond creative and includes media buying and testing
35:39
and research.
35:40
And it's done in a way that is fully connected and digital
35:44
first, and that I can plug in in smart ways
35:49
to my own measurement and analytics system
35:51
so that as an additional added value,
35:54
eventually to agents and brokers,
35:56
we're not only able to give them best-in-class creative
36:00
and best-in-class marketing support,
36:02
but we're also able to give them analytical reports
36:06
and results on what this is doing for their business.
36:10
And at the end of the day, the business of residential real
36:13
estate, like many others, agents and brokers
36:15
are small business owners.
36:17
They want to know that where they're spending their money
36:19
is actually having an impact driving their business.
36:22
And so there's this unique opportunity for this agency,
36:26
this in-house agency that we're restructuring and rebuilding
36:30
to be that for agents and brokers
36:33
and provide that level of transparency
36:36
and I think marketing power that they need and that they want.
36:41
Yeah, that's really cool.
36:43
OK, get to our final segment here, The Dust Up.
36:45
This is where you talk about healthy tension,
36:48
but that's with your board or shell,
36:49
just into your competitor or anyone else in your career
36:51
that you've had a dust up with.
36:53
If you had a memorable dust up.
36:56
So I have.
36:59
And I've told this story, I think, once before in a public setting.
37:02
So I'll tell you here, Ian.
37:06
In my first role at Standard and Poor's,
37:09
where I mentioned earlier, I was an analyst,
37:11
I was pretty miserable.
37:12
It was just not the right life path for me.
37:16
And I knew it.
37:17
And I think everyone else knew it.
37:19
But it was also really the beginning of email
37:22
in a business setting.
37:24
And so I did not really understand how email worked really
37:30
fully and there was a lot of room for error.
37:33
And so on a particular day, I was especially frustrated.
37:38
And my very good friend also worked with me on the same team
37:45
at S&P. And I thought I was sending her an email,
37:49
saying something to the effect of like,
37:52
I wish my boss would disappear off the face of the earth
37:56
and go plane traffic.
37:57
It was something really horrible and bad and terrible coming
38:01
out of the mind of a 22 year old that had just graduated
38:05
college and was really miserable at the job.
38:09
And so I actually wasn't emailing my friend.
38:13
I emailed it to my supervisor.
38:17
And so imagine it was like out of Ferris Bueller's Day
38:20
off like local comedy.
38:22
I mean, the hysteria that ensued when I realized that.
38:25
And then my friend and I are thinking about how are we
38:29
going to like, unsend it?
38:30
How are we going to get onto her computer and delete it?
38:32
What are we going to do?
38:33
It was pretty chaotic for the next several hours.
38:37
To make a long story short, we couldn't do anything about it.
38:41
It was sent.
38:42
She did see it.
38:43
And the next morning, I came and prepared because I just
38:47
knew that something terrible was going to happen.
38:50
And so I had this quite unpleasant conversation with HR.
38:57
And it ended up being the beginning of my separation
39:01
from that role, which interestingly was a relief
39:08
and also a blessing in disguise.
39:10
Like that was the feeling that I felt because it gave me
39:13
the freedom and the permission to leave this role that everyone
39:19
said was a great opportunity for me
39:21
and go pursue something else, which ultimately landed in--
39:25
which ultimately landed me in the business that I'm in now,
39:28
which I love and absolutely enjoy for the next 20
39:34
something years after that incident.
39:36
And so gifts come in weird packages sometimes.
39:40
And that came very strange dust-up package.
39:45
But I take it as a learning lesson.
39:48
It's a thing I share a lot when I mentor.
39:51
And it's just sometimes the universe has a plan for you.
39:55
And here we are talking about this 20 something years later.
40:00
That is crazy.
40:03
Every time the door closes the window opens, as I say.
40:06
That's right.
40:09
That is awesome.
40:11
Well, it has been absolutely wonderful chatting with you
40:14
today.
40:16
And there's sort of thoughts on final thoughts
40:20
here on marketing, on pipeline, or your work at anywhere.
40:29
Yeah.
40:30
So I think that the industry is at a point of inflection.
40:37
And the role of marketing is being defined and redefined
40:42
every day all of the time across industries.
40:46
You can do a poll right now, look at 10 different job
40:51
descriptions for a CMO, and you'll
40:53
see 10 really different jobs, right?
40:56
Described on the sheet.
40:58
There's no real consensus of what this function does,
41:02
or what this function is supposed to do, or any business.
41:08
And I think that starts from the CEOs, and boards,
41:12
and even marketers not having an agreement
41:16
on a point of view there.
41:18
And so given all of that uncertainty,
41:22
redefinition, reimagination, et cetera,
41:26
that is happening in real time, we
41:29
have this unique opportunity to turn marketing into what
41:35
it properly should be, which is a high power growth
41:40
engine that drives business forward
41:45
and reacts and responds in really smart ways
41:50
to the landscape, the ecosystem, the customer,
41:54
and the culture in which we're operating as industry.
42:00
And so the closer that we can get to understanding and thinking
42:04
of ourselves first as business leaders,
42:08
and then as functional marketing experts,
42:11
the further along we will get to making that connection
42:15
and that integration happen at the highest levels
42:18
of our organization.
42:20
The biggest challenge that I still think that we have,
42:23
and that I still think we need to address,
42:26
is taking this moment to redefine this role,
42:31
and making sure that what we're doing and what we do every day
42:34
thereafter is truly aligned with our CEOs and our CFOs
42:40
and are all in service of the overall business agenda
42:44
and the ROI goals of our organization, period full stop.
42:50
I love it.
42:51
I can't believe our time here is though.
42:53
And I could go on and on.
42:57
Thanks again for joining us.
43:00
It's been awesome.
43:02
Esther, you're just a wonderful marketer.
43:05
And thank you to you.
43:06
Thank you to our friends.
43:07
Qualified, we're going to be websiteed
43:09
into a pipeline generation machine.
43:11
Go to Qualified.com.
43:13
Get to our visitors, book more meetings,
43:14
drive more pipeline right on your website.
43:17
Go to Qualified.com to learn more.
43:19
Do you have any final thoughts, anything to plug?
43:24
Anything to plug?
43:24
No.
43:25
Final thoughts, yes.
43:28
To all of my marketing colleagues and friends and folks
43:32
aspiring to come into this business,
43:34
this is the moment.
43:36
See that, understand the business, learn business language,
43:41
and get a seat at the table.
43:43
Because once we are there, the impact
43:45
that we can have on revenue and growth
43:48
will be known, will be felt, and it will be huge
43:51
for this industry and for our discipline.
43:54
Awesome.
43:56
Thanks so much, and take care.
43:57
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44:00
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