ANTHONY KENNADA 45 min

Closing our Seed Round and Announcing New Positioning


Anthony goes live to announce a new round of funding, new messaging, and a sneak peak into what we've been building in the months post Goldenhour.



0:00

This is the first, I think, or at least first in a long time,

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type of program that we've run,

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which is really meant to be a unrehearsed, unplugged office hours type of

0:13

presentation.

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I think I was talking to Todd as we were preparing,

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just getting kind of the systems all set up this morning.

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This might actually be a really nice kind of recurring event for us to do.

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To just check in, give you an update as to some of our thinking behind how we

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're building audience plus.

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What we're learning with the market as we're engaging more with customers,

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and we're trying to execute this new playbook ourselves.

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I think this could be potentially something that's a bit more recurring,

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where if you're a marketer, there might be some interesting behind-the-scenes

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learnings here,

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from what does it take to go from zero to one with a brand and building an

0:51

enterprise software company.

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But maybe also if you're a founder or entrepreneur,

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there might be some learnings here as well around what we're learning in the

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company building journey too.

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It's meant to be transparent.

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For better or for worse, I've chosen the build in public path to building

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audience plus.

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It feels like I can't put the genie back into the bottle now.

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One of the things we'll commit to is being, again,

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as radically transparent as we're building this company as well.

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I think a lot of companies that aren't building in public have almost the

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benefit of being able to go

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and fail 100,000 times and no one would know about it.

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We'll commit to failing publicly, often learning from it,

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and being able to share those learnings with all of you in our journey here.

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The other thing is we want to experiment with doing this live,

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so I do have the ability to see your questions and comments here.

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This content is going to be available on audience plus afterwards.

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We're experimenting with how many folks can we drive to live experience,

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how many folks are engaging afterwards on demand.

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But benefit to being live is honestly, I can take your questions.

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Definitely as I'm going through this,

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please feel free to comment and we'll make sure to share.

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With that, let's dive in.

2:12

Today, this is a big week for us at Audience Plus.

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There's a lot that was announced this week and figured,

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even I think the conventional wisdom,

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at least from a PR comms perspective,

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has always been to group a bunch of big things

2:30

into a meta announcement that you can use to get coverage

2:34

and be able to take to market.

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Even just reflecting on the big LinkedIn post we did on Tuesday

2:40

that shared all of the things that have happened,

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it's a lot.

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It's actually quite a bit of different things

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on the company news side, on the marketing side,

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even on some of the product strategy side,

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which I think we'll talk about at a high level today.

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What we wanted to do is just unpack all of that

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and be able to walk you through just a little bit of behind the scenes

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of how we were thinking about some of those decisions,

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why we did some of the things we did

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and what we've learned in our learning in the first two years,

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almost two and a half years now of building Audience Plus.

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Let me jump in the first topic.

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We raised another round of financing,

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so we're fortunate to have raised another 7.3, 7.28 technically,

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$1 million round.

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And this is obviously incredibly exciting and validating.

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I'm learning a lot about the fundraising journey,

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but it was particularly interesting for, I'd say,

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two reasons.

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One, a very personal reason and one,

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certainly a very interesting learning,

3:45

I'd say, from the company building journey.

3:47

So I'll start with the company building one.

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So we're fortunate to have,

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we raised our first round, which honestly,

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I like incorrectly dubbed a seed round,

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because we didn't have a product.

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We didn't have anything, but effectively myself,

4:02

my co-founder and a PowerPoint,

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believe that's called pre-seed if you want to get the taxonomy right,

4:07

back in March of 2022.

4:11

And so this was now sort of our second round,

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which I think technically would classify as a seed,

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but you can, everyone's going to have maybe a different way

4:18

of kind of drawing the line there.

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And it was really great for several reasons.

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First of all, Emergence Capital,

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who led our initial pre-seed sort of double down on their investment in us,

4:28

which was incredibly validating.

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Emergence is one of, I think, the best,

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a tier one sort of investors in Silicon Valley.

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And Santi, who, again, was the original investor in Audience Plus,

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officially sort of joined our board as part of this transition, which is

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awesome.

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So we get a lot more time, of course,

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and strategic work with Santi,

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who, for those that don't know, was, I don't know where actually in their

4:54

journey,

4:54

but was integral to Zoom getting funded.

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And I believe still sits on the board at Zoom.

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So, really excited to have more of a sort of strategic kind of relationship

5:07

forming

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with the Emergence Capital team, who's been, you know, unbelievable to us.

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And then we have some new investors, which we're really excited about.

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So, two in particular that I'll call out.

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One is high alpha.

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So, for those that don't know, high alpha,

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Scott Dorsey is the sort of founder of high alpha.

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Scott Dorsey is one of the marketing automation pioneers.

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He started a company called Exact Target that was eventually acquired by

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Salesforce. And so Exact Target was in that kind of basket of companies like

5:40

HubSpot,

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Marquetto, Pardot, and others that were really evangelizing this next wave of

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marketing automation.

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And so, having him, you know, from that perspective, just from the experience

5:52

perspective,

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it's incredible. But Scott's also like one of the nicest guys I've ever met,

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honestly, sounds, sounds crazy to say, but just an amazing human being,

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which is extremely awesome and good and important to have around you and in

6:05

your corner.

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But also something that I thought was really interesting is,

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Scott is building high alpha in the heart of Indianapolis.

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And we're here in Phoenix. We got folks everywhere, but we definitely have a

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heart for building

6:18

audience plus locally here in the Phoenix market as well. And so, there's a lot

6:23

to learn around

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building a company in one of these sort of other markets. That's not San

6:27

Francisco. That's not New

6:29

York City. And so, I thought there, you know, that'd be a really good kind of

6:32

partnership to learn

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from Scott and the high alpha team on how they did that. And then on that very

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thread,

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we have Greg Scorsby from Phoenix Ventures, who is one of our emerging kind of

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early-stage

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venture funds here locally in market in Phoenix. And so, Greg is an

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entrepreneur founder,

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himself, a company called Campus Logic. And honestly, he has so much passion

6:54

for the local

6:55

market here. He cares deeply about category creation as well, which is part of

7:01

our journey here at

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Audience Plus. So, a chance to partner with Greg was, you know, was incredible.

7:06

So, that was sort of

7:08

the round dynamics on the business side. And what's great about it, of course,

7:12

capital helps keep

7:13

the company going and helps us kind of invest more deeply, which for us, well,

7:17

likely majority of

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that is going to be on building our engineering and product organizations and

7:23

scaling our kind of

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development effort, being able to accelerate our roadmap for our customers and

7:29

be able to just

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increase our velocity on the product side. So, that's really kind of the core

7:35

focus of this next phase

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for us. Of course, I can't quit the marketing. There's going to be some, a lot

7:42

more surprises along

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the way. But really, the predominant focus for us for this next stage is to

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really triple quadruple,

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name your multiple down on our product and make it great. So, really, really

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excited about that.

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On the personal side, I'll just share, I think, you know, some of you know, my

7:59

wife and I, my family

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went through quite a bit last year. And what was really interesting was this

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fundraising process

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had sort of kicked off, right, as we were kind of in the tornado for everything

8:12

that was happening

8:13

to us personally. And so, it really required a lot of partnership, I would say,

8:21

from our board,

8:22

from the team and emergence, from others to help get this deal across the

8:27

finish line. And so,

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I'm indebted to a lot of people to help support me in kind of getting the seed

8:33

round done. So,

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just wanted to put that out there as well. So, there's a weird sort of

8:38

emotional kind of tone to

8:39

this achievement as well. And so, very, very grateful for everyone that

8:43

contributed.

8:45

So, that's it. So, that's the funding news, which we're pumped on. The next bit

8:52

we have a new advisor that joined Audience Plus, a strategic advisor, I should

8:57

say, in Colin Fleming,

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who's the CMO at ServiceNow. And Colin, for those that don't know, has a stor

9:05

ied career in

9:06

marketing, but also a store, an orthodox kind of start to his career. He was a

9:13

F1 test driver for

9:15

Red Bull Racing, for those that are following F1, or perhaps watched Drive to

9:20

Survive on Netflix,

9:22

like I did. That was my onboarding and on ramp into becoming an F1 fan. Colin

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was an F1 test driver.

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And he then, I may be skipping a couple steps here, but went into Salesforce

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and really built out his

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kind of marketing career at Salesforce. And where I sort of caught wind of

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Colin's work was when

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they launched Salesforce Plus. And this was, I might be getting the dates wrong

9:46

, but back in 2022,

9:48

I believe, maybe 2021, actually, if I'm thinking about this sequentially. And I

9:55

've always thought that

9:56

Salesforce Plus was like the ultimate validation for this new movement around

10:00

building audiences,

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using media, using digital events, building subscribership to your brand. And

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so as I saw Salesforce

10:10

Plus come to life, candidly, that was sort of the confirmation for me to step

10:15

down from being a CMO

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and start this company. And so it was a big, again, personal moment, but also

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seeing sort of the rationale

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and the reasoning behind why Salesforce, one of the largest companies in the

10:28

world,

10:28

has been investing in this, not just through the lens of creating content in

10:35

engaging formats

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from the sort of like, media or doing it just to drive engagement, but

10:42

fundamentally,

10:43

believing in the premise and the promise of first party data. And seeing what

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was coming around the

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corner with AI and how important first party data was going to be to kind of

10:53

coloring all of these

10:54

workflows that we're now starting to see come to life within the B2B and

10:58

consumer use cases.

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So Colin is one of the original thinkers of this space. And of course, has gone

11:05

on now to become

11:06

the CMO at service now. So I was fortunate to meet Colin kind of through the

11:10

actually the fund

11:11

raising kind of process initially and then sent him a cold email to be one of

11:16

our speakers at Golden

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Hour to be our keynote speaker, I should say. And I'm very, very grateful that

11:22

he said yes. And honestly,

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if you were there at Golden Hour, you heard that session of why Salesforce

11:28

built Salesforce Plus and

11:29

heard some incredible data around the power of that platform and the impact

11:34

that Salesforce Plus

11:35

is making on the business. And so if not, you can check out that that session

11:39

on audience plus as well.

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But that was really kind of what started the relationship and I'd reached out

11:44

to him. He was in

11:45

transition to service now. But thinking about how we can, and again, very

11:50

grateful to have the opportunity,

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tap into his vision for this market. What he started at Salesforce Plus now

11:58

thinking about how we can

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scale this broader kind of audience marketing playbook to the rest of us, the

12:04

rest of the world.

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Maybe folks that may not have the Salesforce budget, maybe folks that do. And

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so really excited to kind of

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have his fingerprints on this movement that we're shaping and looking forward

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to that.

12:19

All right. So let's talk about positioning. So those were some of the big

12:27

company news

12:27

elements to the announcement. But there was a lot of work that we did behind

12:33

the scenes to get ready

12:35

for this announcement. You know, at the time we hosted Golden Hours, folks that

12:41

don't know, we hosted

12:42

this conference in April of this year. Had about 300 people live in person in

12:47

Brooklyn. And I think

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it was like 1400 or so watching online, which was incredible. Honestly,

12:54

probably one of the best

12:56

moments of my career was being able to see what the team, what a very small

13:00

team was able to accomplish

13:02

with the initial gold hour event. But we were, I think around like seven or

13:08

eight employees at that

13:09

time. We still are sub 10 employees today as a company. And so really lean. It

13:16

's like super lean.

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And when you're a lean company in like basically pre-seed mode, almost a seed

13:21

mode, there's only

13:23

so many things that you can really focus on. And again, I opened with this. We

13:27

're sort of

13:28

taken the pill of like building in public. So everything that we do is very,

13:32

very public. And so when

13:34

you're early and you're focused on product market fit and building the initial

13:39

kind of use cases,

13:41

serving customers, how can you also plan a conference? It's very difficult. And

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so that took a lot

13:48

of our marketing time and a lot of marketing bandwidth, the limited bandwidth

13:53

we had to give out

13:55

was really focused on doing that conference. And I'm so glad that we did. But

13:59

one of the things that

14:00

felt just below the line that we knew was a problem was our product marketing.

14:05

We had again a

14:09

fairly compelling sort of message out to the market. And I'll unpack this all

14:13

as we step through this.

14:14

But what we didn't have was I think a really strong connection between the

14:20

brand narrative of what

14:21

we were putting out into the world and our product value proposition. And so

14:26

being able to tell the

14:27

world not just that owned media matters or you should build an owned

14:31

relationship with your

14:32

own the relationship with your audience. But also that you need an enabling

14:37

platform or an operating

14:39

system to be able to actually execute this at scale. And you should learn more

14:42

about our products.

14:44

So that's the work that we set out to do. And again, we knew we wanted to do it

14:47

after Golden Hour

14:48

from a bandwidth perspective. But we picked up that work literally the week

14:53

after. And if spent the

14:55

last three, I guess it might be almost four months now, working on that. And so

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it started with a

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product marketing project. And so we're fortunate to have worked with harmonic

15:05

messaging. Which if anyone

15:08

give them a shout out here, if anyone's looking for some incredible product

15:11

marketing work,

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you should check out Kevin Wu, Mike Berger, Carson Swan. And we really kind of

15:17

got to the heart

15:18

of what it is that audience plus is observing in the world from a market shift

15:25

perspective.

15:26

We used language around owned media. And I believe owned media is a critical,

15:32

critical first step

15:33

of this journey. But honestly, like since we, from even the foundational days

15:37

of the company,

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owned media was kind of a means to a bigger end. It's a critical input. We

15:42

believe that what's

15:44

happening in the creator economy was sub stack. Beehive, what's happening with

15:49

Patreon and some of

15:50

those other tools. This idea that people are subscribing directly to their

15:54

favorite creators or

15:55

journalists is going to make its way into B2B. And so the idea of building

15:59

subscribeership to your

16:00

brand is an important starting point for this next kind of chapter of demand

16:05

generation or whatever

16:06

we want to call it. But it sort of was always again part of this next kind of

16:11

thing. And so we

16:13

wanted to articulate that better. We wanted to hook onto that story, but then

16:18

again tie that to our

16:19

product value proposition. And so that project again went about two or three

16:26

months basically.

16:28

And it resulted in what you see today on the website. And so I thought I would

16:32

do before we get into

16:33

kind of the website work is to just walk a little bit through that product that

16:38

what we're seeing

16:39

as the evolution of the category itself and how that impacts what we're

16:44

building with audience plus.

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So I'm going to share my screen here. Hopefully this works. Oh, there we go.

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Let me see.

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All right. Hopefully folks can see this. Todd text me if not or shoot me a

17:04

slack if not.

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But we but a lot of this is sort of taken taken shape on our sales deck or just

17:12

our be able or this

17:13

might be the easiest kind of interface for me to be able to tell this story. So

17:17

a big part of this

17:19

is really aware of positioning kind of narrative and our research and our

17:25

talking to customers and

17:26

our talking to folks in the market is really thinking about how we've generated

17:33

pipeline for the last

17:35

two decades as a company as an industry. And a lot of it has looked we've

17:40

looked to a funnel that

17:41

kind of has looked like this right and call this the serious decisions

17:44

waterfall the HubSpot inbound

17:46

marketing funnel the you know, Marquettos marketing automation all of these fun

17:51

nels are widely

17:53

accepted, widely understood and nearly every digital company is doing something

17:58

that looks a little

18:00

something like this. Now our observation is that what this funnel optimizes for

18:06

that is really

18:07

really great is to convert the 5% of your audience who is in market today for

18:14

your product category

18:15

or your service category whatever it is. And so our intention is to transact

18:21

and convert

18:22

all of the folks that are coming into this funnel into a demo right or into a

18:27

product-led growth

18:28

motion or whatever it is that we're doing at the conversion stage. And again

18:32

there's a lot of merit

18:33

to that like I'm not here to suggest that this like it doesn't matter for the 5

18:38

% of your audience in

18:39

market this is great. But what about for the 95% what about for the people who

18:44

are trying to learn

18:46

or they're within your ICP they're paying attention to the content that you're

18:49

producing but they

18:50

don't have the active project today they don't have the budget maybe they don't

18:54

have the buy-in

18:55

internally yet. What about them? What does their experience with our brand look

19:00

like? Well it ends

19:01

up looking something like this right? We're in it's very interruptive we're

19:06

trying to convert folks

19:08

that aren't even ready to make a purchasing decision. Often when we get them to

19:13

fill out the ebook

19:14

form they're inundated with phone calls or they're put into a nurture sequence

19:20

and what that often

19:21

results in is an unsubscribe or them not wanting again to move forward in any

19:27

sort of sales process.

19:29

So my question to you as a potential buyer of technology is does that

19:33

experience work for you?

19:34

Where you're there to consume content to attend an event to learn to connect to

19:39

belong to sort

19:40

of self-actualize in your career with the hopes of maybe one day being a

19:44

customer but you're just not

19:45

there yet how does that experience for you? So we think about our experience

19:50

then as marketers on

19:51

the other end of these campaigns right? A lot has changed since the series

19:55

decision funnel was first

19:57

introduced. The type of content that we produce is no longer just performance

20:04

articles that are

20:05

built around optimized for algorithmic ranking on Google to drive qualified

20:10

traffic to the site

20:11

and convert one to two percent of those that traffic into demos. Again not

20:18

hating on SEO I think

20:19

there's a role for it for sure in this next generation but the content formats

20:23

have very much changed.

20:24

We're not just reading performance articles or 100 page ebooks anymore. We're

20:28

watching short

20:29

form video clips. We're following our favorite creators and we're listening to

20:34

podcasts and joining

20:35

live streams just like this one. So how has our content marketing team evolved

20:40

in terms of the

20:41

type of content that we're producing? How we're producing it? How we're

20:44

distributing that content?

20:46

From any companies we're still on the early days of this shift from the

20:49

performance content

20:51

to more of this editorial value and more of this human value. For most of us

20:56

marketing is still under the gun from a efficiency perspective right? Like we

21:03

're still have this kind

21:04

of post-Zerp era kind of marketing budget was free flowing and now there's a

21:10

lot more pressure

21:11

from finance from FPNA on how we're actually deploying capital as a marketing

21:15

organization.

21:16

And so for many folks that scrutiny starts on the marketing program budget and

21:20

we're of course we

21:21

want to protect our team and so when we look at the finding more efficiency out

21:25

of the program spend

21:27

typically not always but typically the line item that is the most scrutinized

21:32

is paid.

21:33

Paid is a big budget there's a lot of discretionary kind of elements to that

21:37

spend but also

21:39

increasingly it's harder for most companies again not all to find incremental

21:43

efficiency on your

21:44

paid spend. So our attention then turns to organic and we go to LinkedIn we go

21:48

to YouTube we go to

21:49

these channels and what we find in those channels is that between us and our

21:54

brand and our followers

21:57

on these networks sits in algorithm that is throttling our reach into our very

22:02

audience.

22:03

I'm streaming to I think 30,000 or so followers on LinkedIn I don't have the

22:07

count front of me I'm

22:08

assuming it's a lot smaller of a number on LinkedIn right now than 30,000 and

22:14

that is something that I

22:15

think the creator economy and consumer has sort of woken up to kind of in the

22:21

past or before us

22:22

but increasingly in B2B we're starting to realize this throttle distribution is

22:25

creating a

22:26

challenge in our ability to connect with our audience. So how is this working

22:30

for us in our ability

22:32

to achieve our pipeline targets as a business? And so what we think has to

22:37

happen in this next chapter

22:39

of our industry is something that kind of comes before or above our traditional

22:45

understanding of

22:45

inbound marketing. Something that isn't just focused on converting the 5% of

22:50

our audience who's

22:51

in market for products and services but something that's focused on building

22:57

relationship building

22:58

meaningful relationship with the 95% of our audience who's paying attention. 95

23:03

% who identifies

23:05

within this movement that we're creating who's coming to us to learn to connect

23:09

to belong and the

23:10

belief is as they engage deeply when they are ready to buy they're going to

23:15

think of our brand first

23:16

they're going to think of your brand first and that's the power of what we're

23:20

calling audience

23:21

marketing and we think audience marketing again has so much potential to grow

23:26

into as a category

23:27

and we'll talk more about that year in a second but this feels like the missing

23:31

piece behind what we've

23:33

originally what we're currently doing today that isn't working trying to

23:36

convert everyone even

23:37

the folks beyond the 5% versus focusing on delivering value and building

23:41

relationship with the 95%

23:43

and so what we're building with audience plus is ultimately what we're now

23:48

referring to as an

23:49

audience marketing platform that helps you effectively cultivate those

23:53

relationships convert your

23:55

audience into subscribers and then understand at some really great depth what

24:02

your audience preferences

24:03

are and I'll step through this at a high level and so we think that audience

24:08

marketing is a lot

24:10

different than the traditional inbound marketing kind of motion in the sense

24:14

that with inbound we're

24:15

really focused on these transactions right improving our conversion rates and

24:20

so on whereas with

24:20

audience marketing we're focusing on building trust building meaningful

24:24

relationships with today's

24:26

buyers or or tomorrow's with inbound marketing we're measuring things typically

24:31

from an anonymous

24:32

perspective right we're using GA we're using web analytics tools we're

24:35

leveraging organic channels

24:36

and getting some you know aggregates of views and listens whereas with audience

24:41

marketing since

24:42

there's this conversion motion that happens from a subscriber perspective we're

24:47

building a first

24:47

party data set and that using that data to help us understand the audience much

24:52

much better I'll share

24:53

more about that and then finally because of the transactional nature because

24:58

all the data typically

24:59

is anonymous we're trying a bunch of things we're you know we're doing the

25:03

spray and pray marketing

25:05

to see what works and what doesn't work and then doubling down on the things

25:08

that work whereas

25:09

with audience marketing done right we can act on real data and using intent

25:14

signals to actually drive

25:16

decisions we're making around the type of content we should be producing how to

25:20

distribute that asset

25:21

or certain content for certain cohorts of our audience and then most at the end

25:26

of the day how all

25:27

of this engagement is actually driving revenue there's no we can take the guess

25:31

work out of this and

25:32

leverage this first party data in a meaningful way so I won't do a demo or

25:36

anything today but I think

25:37

this messaging is important to sit on so if you're hearing this for the first

25:41

time or wondering what

25:42

audience plus is we've started to really encapsulate the value we're creating

25:47

around this idea of

25:48

engagement understanding your audience with intelligence and being able to act

25:53

on those signals using

25:55

be act on that intent using these proactive signals and so from an engaged

26:01

perspective with audience

26:02

plus you can launch a digital media property as an extension of your website

26:08

and become your own

26:09

channel for content distribution the blog the resource center has not evolved

26:13

in 20 some odd years

26:15

and so we're bringing that kind of media centrity the community type of field

26:20

to the very top of your

26:21

funnel on your website so what does this mean holistically you can upload you

26:25

can host video

26:26

content audio podcasts written articles PDFs and many other formats coming soon

26:33

all this content

26:34

can be publicly accessible just like it is on a blog or it can be set as

26:38

exclusive just for your

26:39

subscribers helping drive value in that's and in the subscription to your brand

26:43

and the best part

26:46

of this is everything is turnkey with audience plus you don't need to hire an

26:49

engineering team

26:50

an agency distract your kind of core product engineers to help build or publish

26:55

all of this is built

26:55

for marketers to be able to honestly like run the whole platform within the

27:00

marketing team and as

27:02

folks are starting to convert into your audience this is where we're starting

27:05

to have a little bit of

27:07

a preview for what's coming next for us from a product strategy perspective but

27:10

we're effectively

27:12

using the first party data that your customer your audience is creating as they

27:16

're engaging with

27:17

all of your content as well as some AI workflows that we're starting to to talk

27:22

more about here

27:23

to effectively help you understand your audience in a way that we've never been

27:28

able to before

27:29

and I'll give you just one kind of visual for this as you know don't reveal too

27:33

much quite yet

27:35

but think about all of the data that YouTube or Netflix or a better example is

27:39

TikTok has on us

27:40

right TikTok is interesting in particular because they they've built an

27:45

interest graph where they

27:46

understand for any one of our subscribers anyone of their subscribers all of

27:50

the various topics

27:51

that that person is interested in and they put that data to work to create a

27:55

very very addictive type of

27:58

of product but ultimately contextually relevant content down to each individual

28:03

subscriber at scale

28:05

so with our intelligence product what we're effectively doing is getting you

28:08

that TikTok algorithm

28:10

in a window into that data so you too can make decisions around the type of

28:14

content we should be

28:15

producing what are the creator partnerships that you and your business should

28:18

leverage in order to

28:19

reach a certain audience or ultimately how to distribute content in a way that

28:24

is more strategic

28:25

to help you drive the outcomes that you're trying to drive and so that gets us

28:29

to signals which again

28:30

is a little bit of a preview into the future but to be able to actually act on

28:34

some proactive

28:35

signals using this data set so putting that TikTok algorithm to work and

28:40

leveraging kind of proactive

28:41

signals to help drive the content effort going forward not just from a

28:45

production perspective but

28:46

also from a distribution perspective and much more say about that very very

28:50

soon so stick around

28:52

for that so I'll end that here but our belief is that this story is just a

28:59

little bit closer aligned

29:01

to how people are thinking about the very real problems that exist today in

29:07

marketing it's just

29:08

harder to generate pipeline it's harder to get the attention of our audience

29:12

and the belief that we

29:13

have is again owning your audience relationships are incredibly important but

29:17

ultimately it's this idea

29:19

of building relationship that is at the heart of what marketing's job is we're

29:24

going back to what

29:26

our original purpose was as an as an organization right to build at scale

29:30

relationships between brands

29:32

and audiences and we believe audience marketing is how you do that so I'm

29:38

really excited about that

29:40

now what was cool is doing the work was one thing of course but being able to

29:45

present this publicly

29:47

was another our website has has long required a overhaul for our ability to

29:56

basically articulate

29:58

this story and I think both from a certainly there's some like you know design

30:03

things and I'm

30:04

going to chat about that as well but I think very much from a functional

30:07

perspective we had you know

30:09

a decent amount of our lead flow come through whether it's like a request of

30:13

demo flow or folks that

30:14

wanted to kind of see more about the product and the kind of some of the

30:18

recurring feedback we heard

30:20

is like I have no idea what audience plus does like we almost actually a fun

30:24

note maybe Todd can

30:25

add some context for those are interested but like we almost did a campaign

30:29

around this launch

30:31

or like almost poking fun at the idea that we have no idea what audience plus

30:34

actually does from a

30:35

product perspective and so I'm smiling but bad marketing right like we had work

30:40

to do to actually

30:41

solve this problem and thankfully with a product marketing project we now had

30:45

it in a Google doc we

30:46

now had it in sort of the the back of off back of house sort of documents but

30:51

we needed to evolve

30:52

our website to be able to tell that story so I'm super excited about what we

30:57

launched this week as

30:58

well which is a brand new audience plus calm and I thought it might be fun for

31:03

those that are still

31:04

here to walk through that a little bit and give you a sense of just some of the

31:09

design decisions we made

31:11

but we're fortunate to work with both BB agency which is an incredible agency

31:17

that helped us

31:18

kind of bring this to life as well as Michaela Fias who is an incredible

31:24

partner she actually

31:26

designed not the original original audience plus logo was literally horrible it

31:29

looked like an

31:30

urgent care but when we actually grew up Michaela actually designed the

31:34

original brand identity and

31:36

now helped us evolve it into what you see today and I'll have a quick word on

31:40

that towards the end

31:41

as well but the idea with this website was to be more product forward I think

31:47

if you're creating a

31:48

category that the tension in that is how do you balance being having problem

31:55

aware content on your

31:57

website versus more solution aware and I think we did quite a bit of the

32:02

problem work and the previous

32:03

version of the site and not enough of the solution so we've started we wanted

32:08

to attack that

32:09

you know here with the new version of the website the one thing I'll call out

32:13

to you on top that we

32:14

did that's kind of a an interesting decision for us is we put content as a

32:20

primary CTA in the

32:21

navigation obviously we believe deeply in the importance of content so as you

32:26

click into explore

32:28

content you now go into the audience plus experience you can go back into

32:31

audience plus through our

32:33

navigation or back to the website from our navigation but we also think that in

32:38

a world where we're

32:38

optimizing our website for the 95 right people with our at 5% like they're

32:43

smart enough to click the

32:44

get get a demo button we know they can get there but for folks that are here to

32:49

learn which is the

32:50

overwhelming majority of our web traffic we want to give them a primary CTA to

32:54

find our content

32:55

and so we did that up here I think a lot of companies and even some some of the

32:58

customers we talk

32:59

to struggle with where do we really position our content network and get people

33:05

to drive that

33:05

traffic you know could be in our resources tab kind of tucked in here somewhere

33:10

and even under

33:10

the resources you could have like videos on demand webinars blog and all these

33:15

separate links

33:15

and separate spaces we want to unify everything onto an audience plus property

33:19

and drive that CTA

33:21

as a primary traffic driver now in the hero area there was this kind of

33:29

question around okay how do

33:31

we do more of the problem aware stuff for folks who want to consume that

33:36

content but then a little

33:37

faster get into the solution so we actually created this letter that I wrote

33:42

that kind of talks about

33:44

the evolution of marketing over the last two or three years why owned media was

33:48

an important starting

33:49

point for companies that are starting to take this this this evolutionary step

33:54

but then talking a

33:55

bit more about audience marketing as well and so we decided to do that in sort

34:00

of a letter format

34:01

make it personal then as we scroll you know we did want to kind of kind of I

34:06

talked about this a

34:06

little bit earlier but kind of position a why audience marketing is different I

34:10

think I saw a

34:10

question in the comments to you here about this is a little different perhaps

34:14

than the traditional

34:15

maybe community plays certainly inbound marketing and so we want to build that

34:18

out here and then

34:21

immediately we want to get into our product messaging in our product marketing

34:25

product pillars

34:26

which for us is engage understand and act as I talked about earlier now this is

34:31

the V1 of our site

34:32

the next step for us is to have a dedicated page for engage or understand and

34:36

for act but for

34:37

today we're giving kind of just a higher order introduction of those features

34:41

and just a pretty

34:42

cool you know animations that are kind of clicking through and showing a little

34:45

bit of what those

34:46

feature use cases look like then we started talking a little bit more about our

34:51

platform and this

34:52

is what we believe over the medium term again I don't want to get too deep into

34:55

it beyond what's

34:56

on the website today but we believe that the strength of audience plus over the

35:02

long arc of time

35:03

would not just be the front end kind of you know digital experience like in

35:07

many cases the digital

35:09

experience is somewhat commoditized or you can hire a agency to build something

35:14

in web flow or

35:15

something in WordPress to create kind of a front end we think that the core

35:19

value proposition is in

35:21

the data model ultimately that that your understanding of your audience will

35:25

help inform the

35:26

personalization of the digital experience and so this is sort of what we think

35:30

is the actual

35:30

moat to this to our product and so we started building out just a little bit of

35:35

that high up here

35:36

on the site to start talking about those those use cases there's sort of this

35:42

like idea of who is

35:44

audience plus four who are your buyers or who are the people that are using the

35:48

product and so we've

35:49

tried to create a value proposition for each of our buyers or persona as I

35:55

should say excuse me

35:56

and again these will link out eventually to solutions pages where we can talk

35:59

at speak at length

36:00

directly to content professionals speak directly to demand marketers speak

36:05

directly to the CMO

36:06

and so this sets us up to be able to do that here soon there was also this kind

36:11

of

36:12

unders or misconception that were this like video platform basically because a

36:18

lot of early

36:18

customers heavily leaned into video but the truth is we support written

36:24

articles some folks are

36:26

using us as a blog replacement again documents of audio podcasts and so on so

36:32

we wanted to at least

36:33

try to lean into that misconst our help kind of shift the narrative a little

36:37

bit here and market

36:39

the fact that we are a multi format multi media platform we treat videos as a

36:43

first class citizen

36:44

but we also treat audio podcasts and the written word and so we're going to

36:47

continue to add more

36:49

formats here but we want to make sure to address that we then think there is

36:53

something super

36:55

first of all powerful in what our customers are doing with audience plus these

36:58

are folks that are

36:59

the pioneers behind audience marketing and so we wanted to create almost this

37:03

like in my mind it was

37:05

like a if you remember if you're old enough to remember the original iTunes or

37:08

one of the first

37:09

iterations of iTunes that had the ability to like scroll album art we kind of

37:13

were inspired by that

37:14

and given just how visually stunning the work that our customers are doing with

37:18

our platforms we

37:19

wanted to kind of show off some of the the work that they were doing and so you

37:23

can click on

37:24

here to see more of our customers and then this is something I think is

37:26

actually quite important

37:27

being able like the conviction that I have the heart that I have for starting

37:33

this company and

37:34

what I think is the future of company building candidly is one where you are

37:40

not just building a

37:41

software product we think about this at Gainsite you know this was kind of a

37:44

lot of my experience as

37:45

marketer Gainsite was more than just a soft is more than just a software vendor

37:50

but they are also

37:51

building expertise and best practices a lot of that coming from us a lot of it

37:56

coming from the voices

37:58

in our audience who are doing the thing who are the early and I should say

38:03

earlier but who are

38:04

the thinkers and customer success who are actually out there as practitioners

38:08

or executives who are

38:09

learning so much more than just we are as a small company and so we believe in

38:14

addition to being

38:15

software focused as a product company we're also cultivating the best practices

38:20

on how to do

38:21

audience marketing right at scale and so this is a way for us to kind of

38:25

position that value and

38:26

the other bit is community you know we think we're not the only ones out here

38:31

kind of evangelizing

38:32

this new world for B2B marketing and so we want to gather the voices we want to

38:38

take the position

38:38

in the role of being a convener of this movement and so with things we built

38:44

effectively this sub brand

38:46

called golden hour where we're able to gather those voices in live events and

38:50

community starting with

38:52

a conference that we do and we're going to bring it back next year called

38:56

golden hour we have an

38:57

executive forum that we do just for CMOs and we have local chapters starting

39:02

pretty soon here

39:04

that are going to be sort of like community led organizations and cities across

39:07

the world

39:08

who are we're going to support on sort of a one-to-many basis so if you you

39:12

know the idea is if you

39:13

become a audience plus customer not only do you get access to the software but

39:18

you get access to

39:19

exclusive best practices workshops a lot of hands-on work before us to our team

39:24

as well as sort of

39:25

privileged access of membership in our community and that's kind of I think a

39:30

big piece of how

39:31

how we think about that it's not wanting to spend too much time on on this the

39:35

last thing I'll say is

39:38

we started building out our golden hour value proposition digitally

39:43

historically historically

39:45

two months ago golden hour dot net went directly to our event micro site which

39:53

is important we're

39:54

driving a lot of people to it again very small small team but we wanted to do a

39:58

couple of things here

39:59

pull golden hour into our master brand and onto our website onto our candidly

40:04

our domain where

40:05

now it's audience plus dot com slash golden hour and start building equity into

40:08

that but also tell

40:10

the sort of portfolio story this isn't just a single event but this is a kind

40:15

of multi kind of

40:16

format event and so I loved what the team did here I've been click on the

40:21

golden hour page we're

40:22

maintaining the same parent navigation here but the color treatment changed and

40:26

it's a bit you know

40:27

you sort of pulled into the warmth of golden hour and so just love kind of you

40:33

have shown this off

40:34

more than anything else here but giving folks the opportunity to request an

40:37

invite to the

40:38

golden hour executive forum which here at CMO watching this got six days but

40:42

would love to

40:43

to have you attend just let us know a golden hour 2025 page or folks can like

40:49

save their spot

40:50

and coming soon golden hour local and these the idea behind this page is this

40:54

will link out to the

40:55

individual event microsites and so if you are running a sub brand for your

41:00

thought leadership

41:01

or for your community and you're like okay well I've got the master brand here

41:04

and I've got the like

41:06

other brand here how do how are you sort of building the bridge between those

41:09

two brands for

41:12

like a better term this is our attempt to do that and so the events themselves

41:16

will eventually have

41:17

their own kind of microsites so if it's audience plus dot com slash golden hour

41:21

be slash conference

41:23

or slash 2025 slash conference or whatever we're building that equity into this

41:29

site and getting

41:31

folks excited about the event that we just hosted why folks should attend who

41:35

are some of the members

41:36

of our golden hour community that have contributed their voices to this

41:39

movement again who were for

41:42

giving folks the opportunity to partner with golden hour we've had in our first

41:47

I guess six

41:47

months of existence as a as a sub brand here a lot of great partnerships and we

41:52

want to continue

41:53

to find ways to engage this community a little bit of social validation only at

41:58

the bottom do you

41:59

see the audience plus kind of presenting sponsor type messaging here and then a

42:05

bit of a link out to

42:06

our content from the event and so again really cool for for our business is as

42:12

you're engaging with

42:14

some of this content you're then pulled back into our product and so it's a

42:19

nice tie into how do you

42:21

think about your marketing pages on your website and how do you think about

42:24

your content pages and

42:25

finding ways to bridge bridge those two so excited about kind of how the team

42:29

kind of pull this off

42:30

so the last thing I'll just share is yeah I mean we have a brand new sort of

42:36

logo and was really

42:37

excited about this with audience plus we had typographer we had a typeface type

42:44

mark logo mark I was

42:46

get this wrong I think it's typeface so we had the words audience plus but we

42:50

didn't have was an

42:52

icon or a kind of logo mark I guess and it was it wasn't something I think we

42:58

set out to do necessarily

43:00

but as we started to kind of put this project together for the website we just

43:04

found opportunistically

43:06

that hey there's some refinements we can make to the brand identity itself and

43:10

again huge shout out to

43:11

Michaela for helping us with this but the couple things you'll see the logo

43:15

mark is or the text

43:17

is absolutely the same the color palette is a little bit different so we had

43:21

this purple and pink

43:23

and black and we sort of moved to more of a purple and blue and black and I

43:28

wish I can say there's a lot

43:29

of science behind this the word that came to mind was it's a bit more

43:33

theatrical a bit more

43:35

aligned I think to where we're headed with the brand whereas the pink was very

43:40

playful which

43:41

honestly with things like emo marketing and others that that will continue to

43:45

be a big part of

43:46

our culture but we thought this was a little bit more future forward for where

43:50

we were headed

43:51

from like a color palette perspective and the logo mark of course it looks like

43:55

an A plus if you

43:56

squint your eyes or maybe you know zoom out just a little bit for audience plus

44:02

but also it has

44:04

this sort of data orientation around like the slash plus it's almost like a

44:09

command line prompt to

44:10

me as I think about I'm not an engineer so I could have totally butchered that

44:13

forgive me but there's

44:14

something very data kind of centric when I think about it a little bit more

44:18

technical when I look at

44:20

this icon so it's excited about kind of what the team put together for this I

44:24

think that's it I think

44:28

we covered everything but we're pretty excited about all of these changes and

44:34

again it's three days

44:36

old out in the world two days old three days old whatever it is two days old

44:40

and a little bit up

44:41

the morning here on the on the west coast so I'm very excited about where we're

44:46

headed with all of

44:47

this and if anyone has any feedback please you know we're always all ears to

44:51

hear it but we think

44:53

we're in a better position now from a product marketing perspective to and we

44:57

're activating the

44:58

story I think in a better way a lot more work to do for sure but also now with

45:05

the fund fundraising

45:08

and you know having Colin on board and others I think we're in a good position

45:11

now to scale and really

45:13

kind of go after this market so stay tuned for some really exciting updates

45:16

that we can't talk about

45:18

today but we're sort of believing in the promise of audience marketing

45:23

believing in this idea that

45:25

if you're watching this like you know our goal is to build relationship with

45:29

you is to compare notes

45:31

is to share and it's all authentic right share kind of what we're learning and

45:34

then for folks that

45:35

are ready to buy or are procuring technology we're here for you as well so

45:39

thank you for the time

45:40

and we'll look forward to seeing you guys out here on the internet soon thanks

45:46

[The door opened and closed]