Parthi Loganathan, CEO, demonstrates how Letterdrop AI helps teams understand exactly which content is helping drive revenue for their business.
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[MUSIC]
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Hello everyone and welcome to Go to Market AI,
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the future of your Go to Market tech stack.
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I'm your host Sarah McConnell.
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These days it seems like every company has AI,
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but on this show we want to go a level deeper so you can see
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first-hand how businesses are actually applying AI to solve your business
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challenges.
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We're going deep into the use cases and showing you
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live demos of the latest and greatest in AI technology.
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Today I'm joined by Parthi Loganathan, CEO at LetterDrop.
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Parthi, welcome to the show. I'm so excited you're here.
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>> Thanks for having me.
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>> Yeah, it's great to have you here.
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First up, I would love to know who is LetterDrop,
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what do you guys do and who are you helping on the market?
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>> Absolutely.
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LetterDrop is a product for B2B marketers.
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What we do is we help those companies identify,
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create, and distribute content that actually drives revenue.
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Our goal is to help companies build more organic inbound so that they can be
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less reliant on cold outbound and paid,
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which are just less efficient,
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especially in this market environment that we're currently in.
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We're currently working with lots of customers,
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probably in the 50 to a thousand employee range.
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Some logos you might recognize are companies like
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Syntagia, gorgeous, RAM, Jam, Peace Script, etc.
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>> Perfect. Well, all those things that you just talked about,
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being less reliant on outbound driving revenue,
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those are music to my ears,
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is someone in marketing and demanding.
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I am very excited to jump into this demo.
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If you don't mind, let's get into the demo.
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Let's see what it's like behind the scenes.
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>> I'm just going to give you a quick preview.
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I'm giving you an introduction about where this company comes from.
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I used to be a product manager on the search team at Google,
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which is why I saw how people were tackling SEO,
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which is where a water drop really started.
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We've had a ball from SEO to
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thinking about inbound marketing more holistically.
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We went through YC and over the past two years,
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we've helped well over 100 marketing teams.
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Like I mentioned before, the goal is to help companies identify,
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create and distribute content that actually drives revenue.
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I feel like historically,
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a lot of people really don't understand how organic ties back to revenue,
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and then they waste a lot of resources,
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investing in stuff that doesn't actually move the needle.
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We've helped a bunch of companies over here actually figured that journey out.
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Companies like scribe,
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they're especially the smaller ones where we see them go on
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that rocket ship trajectory using
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water drop has been really exciting going from something like
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6,000 to well over 100,000 in qualified traffic with a 13 percent conversion
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rate.
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It's been really exciting helping those customers actually figure out their in
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bound motion.
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The reason we do this is because we know that cold outbound is getting harder
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every year.
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That's why folks like qualified exists to help you actually identify who you
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should be going after as well.
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We also know that paid is not efficient,
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especially since market conditions have changed.
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Money is not no longer free for a lot of companies.
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You have to think a little bit more carefully about your cap.
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We're trying to figure out what is the future organic inbound really look like.
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I think companies like HubSpot really defined this in the 2000s,
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but things have really changed since then.
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With AI and the platforms people are using and how people are really thinking
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about their data.
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That's where a letter drop comes in and we're really thinking about what in
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bound 2.0 looks like.
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The real question is how do we do this?
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We break this down into three parts.
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The first is actually helping you understand the buyer journey and what's
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blocking sales.
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This is going to actually inform what types of marketing campaigns you want to
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be running.
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We integrate with LinkedIn clear a bit your CRM,
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your sales call software to actually pull in that data and help you understand
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what content, what channels are actually impacting your buying decision.
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Second thing we do is help you create and defend the assets which actually
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drive pipeline.
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Across our customers, what we discover is that it's a minority of their content
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their campaigns that actually move the needle.
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What we want to help companies do is focus on those,
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double down on those and make sure that those are the ones that they're putting
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out into the world.
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That they can actually repeat these successful buying journeys that they have
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previously.
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Finally, after creating those assets, we help them distribute them.
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How do you get these in front of your buyers?
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Distributing to your website, to YouTube, LinkedIn,
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really focus on where B2B buyers work.
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A little bit of a bias towards that.
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Eventually, get people to your website.
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You can use tools like qualified to actually close a loop and convert them over
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there.
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Yeah, this is a go.
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Yeah, we'll have talking about qualified as well.
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I think all of these MARTech tools and sales tech tools really work together.
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It's really about which part of the funnel everybody's working at.
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Let's talk about step one in that process I mentioned earlier and then jump
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into a demo now.
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Is identifying what is actually driving revenue across your website,
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across LinkedIn and across your sales calls or what's blocking revenue over
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there.
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With LetterDrop, we connect into all of these platforms.
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Your CEO is called data, your website data.
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Then we actually help you understand what is your content source pipeline.
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What are people, which deals came in because they read something,
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where they consume some content and they're like,
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"Hey, that's interesting. I want to check this out."
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How much of your pipeline, which deals are being accelerated by content?
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Essentially, how many of them are being,
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how much of this content is sales enablement,
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where folks are continuing to consume this during the sales cycle
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before they're closed one or closed loss.
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Finally, how many of your deals and what revenue is actually influenced by
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content
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in any capacity throughout this?
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Once you actually have these numbers, and once again,
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these are lower bound numbers, there's still a lot of parts of the dark funnel
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that can't be captured, but this gives you a good baseline.
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You can actually understand where you want to invest your energy.
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You can say, "Hey, these are the pages which are kind of our money pages.
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These are the ones which actually drive revenue.
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These are topics which are resonating with people,
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and we want to make sure that they're not dropping in SEO rankings.
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We want to make sure we're sharing them in our newsletter.
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We want to make sure we're turning this into LinkedIn posts
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and putting it in front of people because we know they've historically worked
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for us.
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We can help you dive down at a page level
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so you can actually understand how people are coming here,
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search traffic or organic traffic.
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What's this pages influence on revenue and pipeline?
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And who's actually visiting these pages?
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We integrate it into your identity provider,
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whether that be clear bits, six cents, zoom info, whatever you use.
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We essentially help you actually activate that data from a marketing standpoint
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You can actually understand what the buyer journey looks like
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for one of these individual accounts as well.
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So we'll say, "Hey, these are the different accounts on your website."
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Here is what they're really consuming, essentially.
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Like this company over here really cares about social selling and SEO, for
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example.
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If I click in, I can actually understand what's going on.
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So I can see this company over here.
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We actually have a deal open in our HubSpot CRM.
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We know the value.
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We can see the sales calls that they've had.
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We can see when they've engaged with LinkedIn posts that we've created.
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We can see the website visits that they've had.
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So you can actually really understand what was this buyer's journey,
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what were all the touch points they had before they eventually
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took a call and became a customer.
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And then from the calls also will help you understand
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what do they talk about during those calls as well,
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so that you can actually understand the questions
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that you might want to unblock with future content.
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So now that you have a good understanding of what has historically driven
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revenue and what is blocking revenue,
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you can actually inform your future marketing campaigns.
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And so we're going to transition into sort of stage two of LetterDrop,
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which is how do we actually create this content.
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And so with LetterDrop, our goal is to make it very little friction
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to help you create these assets once you know what you want to create.
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And the way in which we believe AI should be used is it's not raw,
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chat sheet T, it's not just getting an LM to output stuff.
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If you don't like consuming AI content,
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like a lot of people probably shouldn't be creating AI content as well,
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because that's what that's the experience you're giving to your buyers.
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And so our belief around AI and content is really using AI to sort of stream
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line
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the creation process.
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How do you essentially transform a thought that a informed marketer
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or sales person or product person had and turn that into actual assets?
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So to that end, we do things like collect samples from you in terms of,
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hey, what do you want to sound like?
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What are templates you might have for different platforms?
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So for example, in LinkedIn, you might say,
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hey, this is what I sound like when I'm doing it,
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when I'm giving people advice with an analogy, or here is what I sound like
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when I do a product launch.
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And so we really learn what you want to do and how you want to frame things.
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We do the same with your company.
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We learn things about your style guide information about your company,
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your different personas features and how they map back to these personas.
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And all this stuff influences how AI actually creates your content.
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So let's jump into what that creation process actually looks like.
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So for example, if you were starting with a completely blank page
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and you wanted to write a lot of posts for your website based on some
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information
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you gathered earlier, what you could do in LetterDrop is go click on generate
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first draft.
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And what we will do for you is a couple of things.
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Either we can give you a research dump and just go do a whole bunch of research
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for you
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and just parse it for you and give it back to you so that you can make sense of
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it.
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Or if you want to give AI a chance and create a first draft,
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you can actually guide it by giving it a brief.
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You can choose the persona that you're selling to.
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Then you can give it a couple bits of other information.
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You click on generate, it will take a couple of minutes to do research for you
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and get back to you with something like this.
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So this is pretty decent.
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It's not just chat sheet BT.
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It's actually using a whole bunch of sources.
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It's actually understanding all the top pages ranking on Google.
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If you don't want some of them, you can move them out.
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You can see qualified in here.
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This is actually a keyword that qualified ranks for.
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And it puts together an outline for you.
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It tries to follow best practices, putting in FAQs.
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Remember how we said like we're targeting VP's of marketing.
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In this case, things are product is LetterDrop because I'm in our workspace.
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It's trying to call us out.
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It's doing all this stuff and it's making sure all these sections are things
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that the top pages cover.
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This is a good baseline, but we would highly recommend you don't publish this.
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We're on asking people to publish AI content.
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We're just saying like, hey, here's how you cut down time on research and get
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started.
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From here, what you can do is really do things like,
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hey, I want to get somebody who actually knows what they're talking about.
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So if I wanted Sarah to pop in and record herself,
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and I don't know if this is your email, but I'm just going to drop it down,
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I didn't ask Sarah a question.
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There we go.
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So I'm going to ask you a question and then it'll make it really easy to
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essentially go.
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It'll go out there and it'll interview you and get back a nice quote from you.
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And we'll add captions.
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We'll add your company logo and it's ready to publish to YouTube
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and embed in your blog posts and pull up all the insights you had into your
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content.
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So not only are we giving you a good baseline,
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but we're actually helping you unravel those insights, unique insights,
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for people who actually know what they're talking about and introduce that into
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your content.
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Because that's really important.
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You don't want to be the same as every, like every one of our customers can use
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this tooling.
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It's more about how you use this tooling with your data to stand out.
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We don't want to encourage everyone to be the same.
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So lots of stuff like that.
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You can also drop in video, audio, podcasts and letter drop will essentially
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pull from those
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so you can pull out insights.
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You can say, hey, I want to get all of the, I want to get a bunch of quotes
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from this podcast episode
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over here and then we'll just pull those for you and insert them in here.
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So you can really mix and match with a lot of different, like media formats to
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construct really good content.
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So now that you have this in place, we'll actually help you figure out,
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okay, how do I make sure that this gets seen by people?
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And we help with three channels.
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One is Google and your website.
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The second is LinkedIn and the third is sales enablement.
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I'm going to focus on Google and SEO right now.
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And so this is the kind of tooling that companies like Ram, Scribe, etc.
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have used to drastically increase their qualified traffic over the past year.
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I actually figured out, okay, how do we answer search engine and give people
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great information?
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Instead of trying to game the system.
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And so Letter Drop will actually help you understand, okay, how do I understand
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what people are looking for?
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Should I even be writing an article? Maybe I need a video.
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What's the loose conversion likelihood based on like what we know of this
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keyword
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and what people are looking for and what you do as a company?
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So that you can be very aligned with the search that someone's performing.
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And then we can get into competitive gap analysis.
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So understanding, hey, like what have you covered that others have covered
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or what others covered that you haven't covered?
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And so you can see a lot of this is blue and covered because our AI took a best
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guess
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at trying to cover everything.
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But it kind of fell short and some places and saying like, hey, there's
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something that inside sales.com
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talked about that you didn't talk about.
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Do you want to fill in this gap?
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So you can essentially close that gap between your competitors and you from an
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information standpoint.
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We can also help you go above and beyond and add net new information.
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So you can say like, hey, why am I writing this article?
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It'll give you a whole bunch of ideas and how you can answer questions that
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nobody else is talking about.
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And lots of other stuff in here like answering featured snippets.
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People also ask the usual keyword coverage stuff.
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This is kind of like old school SEO.
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We have it, but I think SEO is really evolving with AI.
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And so we're really helping companies think about the future of this.
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And then lots of other basic stuff that people need to figure out like internal
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linking, which pages on your website should link to each other.
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We'll insert those in for you.
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Or if you wanted to look across your website and give me one second.
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If you want to look across your website for content, if I want to find every
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instance of SEO across my website,
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I can do that and I can also go hyperlink it to a product page or another blog
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post.
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So essentially a lot of stuff that an SEO agency would do for you.
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Letter drop essentially compresses it.
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As long as you have a good marketer like using Letter drop, you could honestly
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get away without having an agency for all of the technical expertise.
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It abstracts it away for you.
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So that was the creation side of things.
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The last part of Letter drop that I want to talk about is actual distribution.
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So we'll publish this all this directly to your site.
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So from here, I can publish this directly to our website.
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I can select all of our metadata and we connect with Webflow, HubSpot, WordPra
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ze, Contentful, whatever you use.
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We'll take care of it.
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What's more is we'll also help you figure out how do you redistribute this
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content.
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So beyond your website and SEO, we're also trying to figure out how do you take
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these great ideas and actually turn them into things that you can use on other
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channels.
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For B2B, LinkedIn is that big channel.
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So you can connect your entire teams, LinkedIn account to Letter drop.
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So you can see I have my entire go to market team connected over here.
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And I can essentially write on their behalf.
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I can say generate LinkedIn post and I can essentially drop in either an
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existing blog post.
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Some loose ramblings or thoughts.
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And select from one of the templates that I've created.
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And Letter drop will essentially take your thoughts, take your template and
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mush them together into something that you can actually put out.
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So you get human sounding content that actually has good ideas because it's
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actually coming from a good source.
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But the AI essentially just formats it for you and puts in the right template.
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And if you put in quotes and stuff like that, it will actually pull those for
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you.
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So that's creation.
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But how do you actually get this LinkedIn post scene?
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So that's where Letter drop comes in and helps you actually enable your team.
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So not only should you be posting from your entire sales teams account.
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And I think if you're running an ABM play like some of our customers, you
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actually do want your execs.
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You do want your SDRs.
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You do want your AEs showing up as spot leaders.
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And so this lets your marketing team kind of fill in that gap for them without
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them having to waste time.
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So they can stay on their calls and you can write for them.
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But moreover, you can actually get them to comment with or without their
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permission.
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You can get them to like.
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So I can say, hey, I want my sales and marketing team to like this post
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automatically.
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That'll happen once again with or without their permission.
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Depends on completely on how comfortable your company is.
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And then we'll schedule this out for you.
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And so now you get this content to be seen not only by whoever Paul has in his
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audience,
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but also by people in Zach's audience as well.
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And so this essentially helps you extend the reach of your LinkedIn content.
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We can do this immediately after the post goes out or we can also like kind
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delay it so that if you want LinkedIn,
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the LinkedIn algorithm to do its thing and get in front of the right people.
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And then you're just like, okay, cool.
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It did its thing.
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Now I want my sales team to come in and further boost it.
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You can do that.
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You can also do this with partner posts.
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So Emily Kramer, for example, if she has a great post and I want to get her
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attention,
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I'm prospecting into her or I want to boost a part nervous talking positively
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about us. I can just cop your LinkedIn post into letter drop and I can just boost it.
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And so what this does is a it helps Emily out, but also I can sort of
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essentially get my team to essentially boost
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or draw attention to any LinkedIn post out there, whether that be a partner, a
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customer or somebody you're prospecting into.
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The last way in which letter drop helps you get content back to your buyers is
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through our gong integration
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or any sales call integration.
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And so when we remember how we listened to those calls in the first place and
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we got all of those insights
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over here, the sales calls insights that I showed you over here, well, we do
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the inverse as well,
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where when we take all of these insights or when we hear an objection, we'll
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also actually tell your rep,
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hey, we heard an objection on this call.
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Here's all the content that we have and we think you should share this case
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study, share this guide with this person
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to progress the conversation further and close the sales cycle faster.
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All this comes back and influences the numbers I showed you earlier.
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So this is going to come back and help you with your content accelerated
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pipeline.
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And so this is this virtuous cycle that we're creating where we help you
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identify the right stuff, create it,
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distribute it and collect that data again so that you can move these numbers
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and then iterate on your marketing campaigns.
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And so that's a quick overview of letter drop. I think what we're really trying
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to figure out is how does, like,
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workflow automation plus AI plus data work together seamlessly so that you can
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actually build this organic flywheel
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for your business and reduce your reliance on paid and outbound.
21:06
Yeah, this is incredible. There's a few particular things that I think my eyes
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kind of lit up at as a marketer.
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First, these here, your source pipeline accelerated pipeline and influenced
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revenue.
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I love that just right here at the very beginning, I can see different types of
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content because I feel like not all content
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is going to do the same thing for your business. You're not going to create the
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same type of content to source pipeline
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as you already accelerate deals through those are going to be vastly different
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types of content.
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So I love that you've built into letter drop those different metrics.
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So I can go look at the content. I like you use the word defend. I can go look
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at what content is performing for these key metrics.
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Defend the time that we spent doing them and then double down on that content.
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I think as teams, we spend a lot of time, I know internally thinking about we
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've had a lot of content. How do we repurpose it?
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And we think a lot of marketers use that term of repurpose and I can see here
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where letter drop and these metrics help you actually repurpose the content
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that is benefiting your business most. It's not just me guessing at what
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content is worth repurposing.
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You're telling me through metric driven insights like this is the content that
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you want to spend time with.
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And these are the ones I should actually invest my resources into repurposing
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and cutting down and making, you know, all these different posts for.
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So I loved this and your LinkedIn integration. I know our execs are asking all
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the time like, how can we post more our sales team
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wants to post on LinkedIn? But they're not writers. Like they say it. They're
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like, we don't have the bit like we think there's really great content.
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We don't know how to post about it or what to write. And alternatively,
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marketing teams are getting smaller.
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We're like, we don't have the time necessarily to write all of these posts for
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you.
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But we want our people out there in those channels promoting the content we've
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written.
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So I love that functionality, the ability to link to our go to market teams,
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the LinkedIn's and help them post more because they're asking that from us
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as a marketing team right now, we just don't always have the resources to do it
23:05
. So this was an awesome demo. Thank you so much for taking us through this. I
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think it's fantastic.
23:11
Absolutely. Thanks for having me, Sarah. Yeah. So I'd love to jump into before
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we wrap up our Q&A section.
23:18
So my first question for you is how long have you been building AI into letter
23:22
drop?
23:23
Yeah. So letter drops started probably a little before I'd say like AI kind of
23:29
went mainstream.
23:31
So when we initially started letter drop, I think it was just cheap G3 and it's
23:37
like infancy.
23:38
I was out there and we were really not thinking about how AI fits in.
23:42
I think as soon as cheap G3.5 came out, you started looking at these use cases
23:49
and you were like,
23:50
Hey, this is actually starting to have more interesting. So it's probably been
23:54
a little over a year that we've been actually incorporating in incorporating AI
23:58
into letter drop.
23:58
So it's not quite a native, but almost there.
24:01
I think that's interesting for a couple of reasons because a lot of our product
24:07
has been built.
24:08
Not necessarily from the perspective that it is an AI first company, which I
24:14
think is a little bit.
24:16
It's hard because then you're almost trying to use the technology.
24:20
You're going technology first and thinking about the problem second, which is
24:23
not a great place to be.
24:25
But at the same time, we're not like old enough that we're stodgy and haven't
24:30
adopted to AI.
24:31
So a lot of our software was built in conjunction with whatever was possible
24:36
with AI in the moment.
24:37
And I think that's changing every couple of months.
24:39
A new model comes out the front here of what is possible changes.
24:44
And so we're constantly thinking about that as well.
24:47
I think this is just kind of like the new web or the new mobile where you're
24:51
still thinking about solving people's problems.
24:54
You're just using different technology in there.
24:57
We no longer say, Hey, that's a web company or that's a mobile company.
25:00
We just say, Hey, it's a software company, which happens to use the web or
25:04
mobile.
25:05
And I think that's the same thing with AI.
25:07
Totally. Okay. Next question is, is what you showed today, is this all
25:12
available for customers right now?
25:14
Yeah, absolutely. Live demo. So everything you saw today is available to
25:20
customers right now.
25:21
We have a lot of our existing customers using a bunch of this functionality.
25:26
Perfect. And I know in the beginning, you kind of talked about some customers,
25:29
but I'd love to give them some shout outs again.
25:30
Who were some customers that are currently using letter drop and benefiting
25:35
from your technology?
25:36
Yeah, absolutely. I think the customer I'm most excited about is definitely sc
25:42
ribe because it's kind of an underdog story where we've seen like the largest
25:46
win with them.
25:47
But we also work with like a lot of like more recognizable, larger logos like
25:52
gorgeous RAM, Syn-Acty spirit, et cetera.
25:55
But I think letter drop is a really good fit for companies, which are kind of
25:59
on that growth phase where they're really trying to figure out how do we think
26:03
about efficient growth.
26:04
Given small teams, given like market conditions and all that.
26:10
And I think letter drop really works when all this comes together.
26:13
I'd say we're working with a lot of our customers to try to help them see the
26:17
big picture.
26:18
Different customers use letter drop differently based on whether or not they
26:22
run an APM program, in which case they're very focused on sales enablement and
26:27
LinkedIn.
26:28
Other companies are really focused on SEO and maybe have a PLG motion or have a
26:33
sales led notion, which lends itself to SEO.
26:36
And so they focus a lot on that.
26:38
So it really comes down to what your priorities are and we help companies use
26:43
the right tool set within letter drop.
26:46
Perfect. My next question is, what is next on your AI roadmap?
26:53
I think the next thing for us is I showed you a whole bunch of stuff in letter
26:58
drop and how we're trying to create this sort of virtuous flywheel between
27:04
identification of resources to create creation, distribution, going back.
27:10
And there's a human in the loop at all of these stages.
27:13
Our goal is to essentially figure out how do we reduce the amount of time
27:17
people are spending in that loop.
27:19
And so if letter drop identifies an opportunity for you to defend, can it just
27:24
essentially say, hey, Sarah, like, can you confirm that I can go ahead and put
27:29
this out on LinkedIn across your entire team's profiles this week and run an
27:35
automated campaign for this new feature that qualified has.
27:39
I already know what all of your team sounds like. You've uploaded templates, et
27:42
cetera. It just goes and does that for you.
27:45
So that's, I think, our goal is trying to figure out how do we essentially
27:49
connect the dots better between these different tools and letter drop and
27:53
essentially make them more autonomous.
27:56
I think the other thing we're trying to use AI for is trying to actually help
28:01
identify or understand your content and how it maps to the buyer journey better
28:06
So can we segment all of your content by stage of funnel persona feature
28:11
exactly what every asset's for and what its purpose is?
28:16
Can we look at every buyer journey and understand what is the next asset that I
28:21
need to show them?
28:23
Right. So now you can actually give that to your sales team and for sales
28:29
enablement.
28:30
If they're in cycle and they want to have a conversation, you can start running
28:35
campaigns, retargeting campaigns with the right asset for those companies.
28:40
You can start running more organic campaigns or put those in your newsletter.
28:45
So that's sort of like a next step of letter drop is trying to figure out how
28:50
do we actually like tie the customer to the actual right piece of content at
28:55
any piece of time.
28:56
Perfect. Well, that is it for today. Part these. Thank you so much for joining
29:01
us on the show. This is an incredible demo. I really appreciate you joining us
29:04
today.
29:05
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