Episode 84: Data Science Wizardry with Richard Fergie & Brett Serjeantson

Do you own a crystal ball to predict the future? No? Well, I have good news for you. You don’t need one. 

When you feed lots of historicals into a machine, it doesn’t have to know what those numbers mean in business terms. Thanks to sophisticated data models, machines can determine the trends behind your numbers, including a pretty accurate prediction of what the next numbers in the series will be. 

That’s not all there is to data science though. Our guests believe it’s what takes our analytical abilities up the evolutionary ladder, from what happened, to how it happened, to how it might happen.

This episode talks about how cloud computing, which  crunches these numbers, has changed data science, doing everything that high-end servers used to do, at a fraction of the cost. It also covers the skillsets of the people needed to help machines work. To learn about how you can start implementing data science in your marketing, I’m joined by two people who are well versed in the field.  

Richard Fergie lives in the UK. He showed a penchant for math, which led him to Oxford University where he took his bachelors in mathematics. After spending time living in South America, he moved home and took a liking to the quant-heavy world of pay per click marketing. He has taken the 10 years of experience he got consulting on digital marketing and web analytics projects to found Forecast Forge, a quick and accurate forecasting tool that runs on Machine Learning.

Brett was an early SaaS pioneer and helped change the PR industry by creating one of the first companies to develop a real-time media monitoring and analysis platform that was able to successfully generate business intelligence from both traditional and social media.

Brett would lead the company as both the CEO and chief architect and developer of the platform as well as being awarded 2 patents.

Brett led his company through several significant transitions, including recognizing the need for big data and machine learning capabilities very early on as well as recognizing the importance of social media. 

Brett also identified the need for both journalist and publication data from the aspect of creating new markets as well as leveraging the data to further improve the analytics.

Brett’s company, MediaMiser, would be acquired in 2014.

Brett would later go on to improve his own analytical capabilities by achieving certifications in both data science and AI from the University of Waterloo and the University of Toronto.

Brett also has a bachelor’s degree from Western University and a diploma in PR and communications from Algonquin College.

Let’s go talk to Richard Fergie & Brett Serjeantson.

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What you need to doTools that can do it
Visualize large datasetsGoogle Colab/JupyterMatplotlib 
Find trends, use predictions to decide next actionPomegranate
Do regression analysisPandas (built on NumPy)
unclassifiedProphetPyTorchTensorFlow

Episode Reboot. 

Check out https://www.forecastforge.com/learning/

Episode 83: Quantifying Your Marketing Funnel’s Revenue with Keith Perhac

Disclaimer: The company featured here is not a sponsor of the show, nor have I affiliated with them. They simply bring a perspective that I think you’ll get some use from.

“It’s not working.” That’s the gist of every complaint made about marketing funnels. Marketers painstakingly build a series of offers and pay for traffic to see them, but the conversion rates drop off somewhere between there and the point where sales close.

Can funnels be fixed? Absolutely, but not without knowing a critical piece of data. Getting that data that helps fix the suboptimal parts of the funnel is our focus today. 

To go through this I’m joined by Keith Perhac, a digital marketing expert and software entrepreneur. After growing up in the states, he headed to Japan to become what’s known there as a salaryman. He moved back In 2010 to work with startups and digital marketers looking to grow quickly. He founded SegMetrics, a tool that lets you see revenue from the perspective of each touchpoint in your marketing funnel. Since then, he’s appeared on over 35 podcasts & in 2020 published the book we’re here to discuss, “Building Marketing Funnels that Convert, a 90 minute guide”

When he’s not working on SegMetrics, Keith draws and attempts (futilely) to spend more time outdoors. He lives in Portland, Oregon with his wife and two daughters.

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Episode 82: Renegade Marketing with Drew Neisser

W. Chan Kim, author of Blue Ocean Strategy, said “The hardest battle is simply to make people aware of the need for a strategic shift”.

I somehow feel that he was thinking of marketers with this phrase. We are changing the minds of our buyer so they’ll choose our brand. To do that we are often changing our companies to produce the value our buyers expect. And changing the status quo in some companies means overcoming a lot of lethargy. This takes someone who’s courageous, as today’s author argues, it takes a renegade.

Drew Neisser is the founder of the marketing agency Renegade and Is the host of the podcast Renegade Thinkers Unite. Drew has been featured on network TV, many podcasts and writes a regular column for Ad Age. He talked to me from his Manhattan office about his 2nd book, Renegade Marketing: 12 Steps to Building Unbeatable B2B Brands which came out in 2021.

Key takeaways for unleashing your own inner Renegade

  • Have the traits of cool marketing CATS: Courageous, Artful, Thoughtful, Scientific
  • Reverse your targeting – start with employees, then customers, then prospects
  • If your content isn’t of legitimate value to your customers, then don’t release it
  • Work with your CFO to radically simplify your metrics (8 KPIs or less)
  • Don’t overspend on martech, watch how much headcount it takes to manage the automation technology you take on
  • Leave 10-20% of your budget for experiments
  • Get your value proposition down to 8 words or less
  • Sell through service:think of what your customers would consider valuable; give it without regard to charging them for it

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Episode 81: Paid Attention with Faris Yakob

It’s been amazing, what we’ve achieved by connecting up computers world-wide, webbing them together. As its full name suggests, we gave ourselves an Inter-network that provides for our every information need, on command. But there is one change that the Internet made to us, it gave us more stimulus than our biology was made to handle. The demand for our attention suddenly exceeded the supply; and this economic shift is most noticeable in the world of advertising. The digital advertising marketplace has gotten more vast, more confusing, and it’s far less clear what the rules are anymore. 

Thankfully, there’s been a lot of research at the intersection of advertising and human attention. Effective marketers who are aware of the trends can tune their advertising to make their brands heard and win the attention of their target audience.

To get the latest insights into this, we’re talking to the author of the book, Paid Attention which just came out  in 2022 with a revised edition. 

Faris Yakob grew up in the UK and after graduating from Oxford University, led the digital innovation efforts at global ad agencies like McCann Erickson and MDC Partners. Following that, he and his wife Rosie co-founded Genius Steals, an innovation and strategy consultancy. 

He also serves as a juror for marketing awards like the Clios and the London International Awards. He’s also been a member of a non-profit consortium called  the Attention Council that aims to better measure the influence of marketing on people’s  attention. Clearly someone who likes the written word, in addition to his books he puts out a monthly column in Admap and the Marketing Society.

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Episode 80: Business Gold with Michelle Raymond

When used properly, LinkedIn Company pages carry a ton of marketing value. 

To help us learn how to leverage these assets, I asked Michelle Raymond to join me. 

As a LinkedIn Pages Specialist, she helps businesses of all sizes use Company Pages to amplify personal brands, build up business credibility.

She is a Member of the SMB Advisory Council for LinkedIn Pages, a Top 1% LinkedIn Content Creator. She started using LinkedIn for social selling around six years ago for doing sales, using only the LinkedIn free tools. Closing deals convinced her of the power and she has branched out to using it for Digital Marketing.

In 2021 she and Co-author Lynnaire Johnston came out with a book called  Business Gold: Build Awareness, Authority and Advantage with LinkedIn Company Pages.

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