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Welcome to Milestone Moments, the show where

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we explore the journeys that lead to success.

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I'm Sheila Slick, your host and founder of Five

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Milestones. In every episode, we will bring you

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insights from the minds of entrepreneurs, leaders

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and experts who will share not just their expertise,

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but the milestone moments that have reshaped

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their journeys and led to significant achievements.

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So if you're looking for motivation, you're in

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the right place. Subscribe now and discover the

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milestones that mark the path to success. Welcome

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to another episode of Milestone Moments in Business

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and Leadership. I'm Sheila Slick, your host.

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And today, my special guest is G. Ranasina. Gee

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has been in marketing since the days of dial

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-up internet and AOL. Today, he's the CEO of

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Kexino, an award -winning marketing agency. Over

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the past 16 years, Kexino has helped over 400

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startups and small businesses in around 20 countries

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grow awareness, reputation, trust, and most importantly,

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sales. A fellow of the Chartered Institute of

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Marketing, G is also a visiting professor at

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two business schools where he teaches marketing

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and behavioral economics to final year MBA students.

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Outside of work, G loves to cook, listens to

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music, and plays jazz piano. Well, he wrote very

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badly, but let's just leave it at plays jazz

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piano. Welcome to the show, Jean. You haven't

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heard me play, so the jury's still out. But trust

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me, because I don't get very much time to play

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nowadays, I'm extremely rusty. But what I fail

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in technique, I make up in enthusiasm. But thank

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you very much for inviting me on the show. I

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do appreciate it. Well, thank you for joining

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me. I do love to motivate people and have them

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believe in themselves. And if that's your creative

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way of releasing all of that energy, kudos to

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you. So don't focus so much on the perfection

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of it, just the progress. Absolutely. Yes. So

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I'd like you to take us back to a moment in your

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story, perhaps a challenge or a bold choice that

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led you to where you are and shaped how you approach

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leadership and marketing today. Well, I think

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I can tell you a story which basically was the

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birth of the agency. So we have to go back to

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my previous role where I was the worldwide director

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of marketing for a software company and the software

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company was serving. Whilst it is serving blue

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chip clients such as Ikea, Nestle, Airbus, Marvel,

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big, big ticket names. So I was there for seven

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years. And as the worldwide director of marketing,

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I was obviously I was inviting marketing agencies

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to come in and pitch for a business. And after

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a while, it occurred to me that none of them

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would take any kind of fiduciary responsibility

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for the marketing plans that they were proposing.

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Okay. All the agencies I spoke with were more

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interested in the tactical stuff. You know, web

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design, ads, events, PR, and all that sort of

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stuff, okay? Nobody was actually asking me about

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the business result on which the marketing plan

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was supposed to deliver on. And that's when I

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had my sort of light bulb moment, if you like,

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my aha moment. It sort of dawned on me that there

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must be a ton of startups and small businesses

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out there who needed help with marketing. But

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from a business perspective, designing and managing

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a marketing plan to generate qualified leads

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to ultimately produce a tangible commercial difference

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to their business. At the same time, we're talking

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about the end of 2007, beginning of 2008. So

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as you'll remember, that sort of time, the internet

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was really sort of gathering a full head of steam.

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It was beginning to affect our daily lives. And

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of course, like all of these technologies, it

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was the bigger brands who were the ones who were

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taking advantage of all the potential that the

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internet provided, right? Because they've got

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more technical resources, more experience, and

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obviously deeper pockets, which meant small businesses

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were getting left behind. If you remember, 2007

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was the year the iPhone was launched, okay? And

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affordable broadband was something that everyday

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people, normal people like you and I, could sort

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of afford, right? And so I thought that there

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was a perfect storm, an opportunity for a marketing

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resource aimed at small businesses and startups

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that could help them leverage the power of online

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engagement. So I looked around to see if there

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was a marketing agency that took that kind of

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approach. I couldn't find one. So we started

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our own. And at the beginning, there were three

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of us. So I left my cushy corporate job with...

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all its trappings and expense accounts and company

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BMWs and international travel and all that sort

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of stuff. And we launched Kexino, which is our

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marketing agency. As I said, it was in 2008,

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which you'll probably recall was not exactly

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the best time to start a business. Not exactly

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my best business decision, but with not a small

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amount of luck and with the support of some fantastic

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clients who we had at the time. You know, we

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weathered the storm of the post -Boomer session,

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and 17 -plus years later, you know, we're still

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here. We know we've won a few awards. We've branched

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out into behavioral science, design, branding,

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as well as the usual tactical stuff, you know,

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websites, copywriting, PR, SEO, social, video,

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and all that usual sort of stuff. Yeah, that

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was really the pivotal moment, really, to sort

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of get into... uh get ahead really of where the

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business owners for small businesses and and

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startups were needed to leverage their internet

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and cut through the disinformation and misinformation

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that was being spread around at the time to actually

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find and hone programs which were tangibly effective

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right not generating noise and fluff and, you

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know, ego -centric metrics, but things that actually

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move the revenue needle. Because at the end of

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the day, sales is what we're talking about, right?

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Marketing is sales. Marketing involves selling.

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And, you know, if it doesn't sell anything, it's

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not marketing, right? It's fluff. It's just extra

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noise that's being added to the environment.

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That's where we come from. We come from a business

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first perspective rather than looking to shoehorn

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existing cookie cutter approaches into an organization's

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business growth plans. Sorry for the long answer

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there. No, no problem. So since you work a lot

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with startups and small businesses, going back.

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to how you were in corporate in a nice cushy

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job and then went out on your own, what advice

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would you give to someone today that's in that

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position? They're in corporate and they want

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to step out and do their own business or their

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own startup. Be careful of what you wish for.

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I remember, I think it was something that...

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You said in one of your podcasts, like 99 % of

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entrepreneurs actually go back to a corporate

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environment. You said that on a podcast or an

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article. I remember reading that. Entrepreneurship

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is a very different position from being a salaried

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employee. You never switch off. It takes a very

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certain type of personality. It's a very lonely

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endeavor. Even if you go into partnership with

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someone, there are things that you can and can't

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confide in with people. And the amount of self

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-discipline required cannot be underestimated.

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So yes, obviously the other side of the coin

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is very attractive. What's missing is that when

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you're in your corporate job, whether you...

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Bust your balls to work as hard as you can. Sorry,

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I didn't check whether colourful language was

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appropriate for this podcast. I apologise if

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I've overstepped the mark. Sorry, I normally

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check these things in advance. But yes, whether

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you bust a gut working as hard as you can for

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20 odd days of the month, or whether you sit

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back with your feet on the desk for all of that

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time. you still get your salary check at the

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end of the month. That safety net is instantly

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removed when you go out on your own. It's sink

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or swim time. So you need to be physically and

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mentally prepared for that and not to underestimate

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the physical demands that it imposes on business

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owners. A business owner of any size, whether

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you're talking about a startup, small business,

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or if you're buying an existing... an existing

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organization, it doesn't really matter. The amount

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of energy required is substantial. Well, I agree

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with you with the self -discipline. It's required.

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It's not optional, is it? No, it's not. But,

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you know, being an entrepreneur and, you know,

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the isolation, there's different ways around

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it as well. You can find support in communities,

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perhaps a partner as well. Although you said

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sometimes it still feels... I've worked with

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family. I've worked on my own. And each experience

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has been quite different. But no matter whom

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I've worked with, even alone, you always need

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your pillars of support because it's really hard

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to make decisions sometimes alone. There's no

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such thing as a self -made successful business

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owner. There's no such thing as a self -made

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business owner. Every single business owner on

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the planet is standing on the shoulders of giants,

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right? There is a support network in there that

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help them get to where they are. And anybody

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who says that they're self -made is as deluded

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as far as I'm concerned because you can't make

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it on your own. And you're really in a state

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of delusion if you think you can or you have.

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One of my guests previously. He had brought up

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a great point that with AI, and I haven't even

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finished asking you the questions with the AI,

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but with the AI, there's going to be a lot more

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solopreneurs moving forward because they're able

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to use AI for a lot of different tasks. And we'll

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come up to a question with the AI. But that led

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me thinking, wow, you know, with AI, if entrepreneurs

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are able to leverage it. then they're not even

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going to need that big of a team. So he firmly

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believed that solopreneurship was where we're

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heading in terms of entrepreneurship. So in your

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writing, because I did enjoy reading a lot of

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your blogs that you have in your website, they

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had a whole different angle to marketing. I enjoyed

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some of them. One of them was the dark side of

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marketing. how people sometimes don't share in

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public. And so how do you measure that metric?

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But the one that really caught my attention was

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one that talks about seeking consensus, that

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that can stifle innovation. And it points out

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that with strong leadership and unconventional

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thinking, those are the two things that drive

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real change. So looking back on your journey,

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what moment in your history, in your story, Have

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you had to push against, you know, conventional

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thinking or conventional wisdom to be able to

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shape an innovative approach to marketing? We

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were working with a client a few years ago now,

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a client based in Atlanta. And they are a company

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that does menu boxes. If you know what a menu

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box is, you subscribe to a website and every

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week, day, two weeks, whatever you want, they'll

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send you a box full of chilled, fresh ingredients

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and a preparation card to enable you to make

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a delicious, nutritious, home -cooked meal at

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home. Okay? So you don't have to buy anything.

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You have got all the ingredients in the box.

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You just need to add salt and pepper. All the

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spices and seasonings and proteins and vegetables

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and carbohydrates and all that stuff are all

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in the box. So it's very easy. So for people

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who are time short, don't have time to cook or

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don't have time to shop for a week or even for

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a couple of days, the stuff arrives. None of

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the meals take longer than 20 minutes to make,

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okay? But it stops you buying takeout and just

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being, you know, going down that road. So this

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company had been doing this for a while and they'd

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been pretty successful, but they'd sort of hit

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a ceiling in terms of sales and they couldn't

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really move to the next level. They also looked

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at where their existing market was and the ICP,

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the ideal customer profile. The ideal customer

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profile is an archetype of the most likely profile

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of person who is going to be receptive for whatever

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you're trying to sell. So they identified a number

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of different ICPs, you know, in terms of demographics,

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ethnographics, age, social class, you know, whatever

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it may be. And they were hitting a bit of a ceiling

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and they wanted to expand because they're ICPs

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were generally in a similar sort of age group,

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you know, from mid -20s up to about mid -30s

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in age. And what they wanted to do was to get

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to an older generation of people, specifically

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over 50s, because they thought of people who

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were either newly single for whatever reason,

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were cooking for... for one, was a bit of a pain

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because of the economies of scale that you get

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if you're cooking for two, three, or four. But

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none of the marketing work that they were doing

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seemed to resonate with that particular type

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of audience profile. They were doing a lot of

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digital advertising. They were doing a lot of

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inbound stuff. But nothing was working. We had

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a look at the problem. We did a lot of customer

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research. We did a couple of focus groups. And

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I remember having the first conversation I had

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with the marketing director of this company.

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And I said what we needed to do, or what we needed

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to at least test, was communication via snail

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mail, direct mail, USPS mail. And seriously,

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Sheila, you should have seen her face. She was

00:16:04.330 --> 00:16:07.779
like, what? You know, it was like I was suggesting

00:16:07.779 --> 00:16:10.519
bringing back dinosaurs or something. It was

00:16:10.519 --> 00:16:12.240
like, you're kidding, right? And I said, no,

00:16:12.320 --> 00:16:14.399
seriously. The thing is about printed direct

00:16:14.399 --> 00:16:18.379
mail is, number one, we don't get very much of

00:16:18.379 --> 00:16:21.279
it anymore. Remember the days when we used to

00:16:21.279 --> 00:16:25.279
get tons of this stuff filling up our mailboxes,

00:16:25.279 --> 00:16:28.360
our physical mailboxes? Nowadays, not so much,

00:16:28.419 --> 00:16:30.500
especially if it's personally addressed to us.

00:16:30.860 --> 00:16:32.600
The other thing is, if it's personally addressed

00:16:32.600 --> 00:16:36.120
to us, Unlike any form of electronic communication,

00:16:36.639 --> 00:16:41.840
there is pretty much a 100 % open rate to success.

00:16:42.460 --> 00:16:46.240
You get an envelope addressed to Sheila, I bet

00:16:46.240 --> 00:16:47.779
the farm that you're going to open that envelope.

00:16:48.440 --> 00:16:50.580
Now, you may throw it in the bin straight after,

00:16:50.679 --> 00:16:53.100
because you found out, oh, it's a bit of spam

00:16:53.100 --> 00:16:57.080
or whatever else, but you will open it. Yet,

00:16:57.100 --> 00:16:59.980
how many times have you got an email, and just

00:16:59.980 --> 00:17:02.200
by looking at the sender who you've never heard

00:17:02.200 --> 00:17:05.839
of, or just by looking at the subject line, you

00:17:05.839 --> 00:17:10.599
know that this is just spam. And you delete it

00:17:10.599 --> 00:17:14.759
without even reading it. Also, people of a certain

00:17:14.759 --> 00:17:18.240
age, and I'll include myself in that group, I

00:17:18.240 --> 00:17:20.420
wouldn't dare include anybody else on this call,

00:17:20.500 --> 00:17:23.380
but I'll certainly include myself in this age

00:17:23.380 --> 00:17:27.240
group, grew up with snail mail. And there is

00:17:27.240 --> 00:17:30.880
a familiarity with that form of communication.

00:17:31.789 --> 00:17:35.589
which perhaps doesn't exist with people who are

00:17:35.589 --> 00:17:38.809
younger. It's a thing called costly signaling.

00:17:39.089 --> 00:17:42.930
So what that means is the very fact that I've

00:17:42.930 --> 00:17:46.690
actually spent money by communicating with you

00:17:46.690 --> 00:17:51.769
through a particular channel lends additional

00:17:51.769 --> 00:17:54.529
gravitas to the veracity of that communication.

00:17:55.890 --> 00:18:01.890
In other words, if I advertise a bunch of steak

00:18:01.890 --> 00:18:07.029
knives for 50 bucks online you have one perception

00:18:07.029 --> 00:18:10.769
of the quality of those steak knives but if i

00:18:10.769 --> 00:18:15.569
take out an ad for a 48 sheet billboard poster

00:18:15.569 --> 00:18:19.970
for the same steak knives you have a different

00:18:19.970 --> 00:18:21.849
perception of the quality of those steak knives

00:18:21.849 --> 00:18:25.970
because of costly signaling because you think

00:18:25.970 --> 00:18:29.910
well these knives must be good because if they

00:18:29.910 --> 00:18:34.069
weren't then this company would not put their

00:18:34.069 --> 00:18:36.569
money where their mouth is, right? They've got

00:18:36.569 --> 00:18:41.049
skin in the game to actually spend money on advertising,

00:18:41.170 --> 00:18:43.849
which I don't know how much it is, but I know

00:18:43.849 --> 00:18:46.829
it's certainly more than putting an ad on Facebook

00:18:46.829 --> 00:18:48.609
or Instagram or something. Do you see what I

00:18:48.609 --> 00:18:50.890
mean? So the very fact that somebody's taken

00:18:50.890 --> 00:18:55.089
the time to find out your name and print it out

00:18:55.089 --> 00:18:57.150
onto a piece of paper, fold that piece of paper

00:18:57.150 --> 00:18:59.710
into an envelope, address that envelope and stick

00:18:59.710 --> 00:19:04.509
it in the post, It gives additional credence,

00:19:04.529 --> 00:19:08.869
additional authenticity, additional trust signals

00:19:08.869 --> 00:19:14.009
to the recipient. So I explained all of this

00:19:14.009 --> 00:19:16.210
to the marketing director of this food box company,

00:19:16.349 --> 00:19:18.910
and she wasn't having any of it. And it took

00:19:18.910 --> 00:19:22.589
two or three conversations before eventually

00:19:22.589 --> 00:19:26.970
she said, OK, OK, good grief. She waved the white

00:19:26.970 --> 00:19:29.630
flag. She said, OK, let's do a test. We'll pick

00:19:29.630 --> 00:19:32.589
a couple of zip codes. And we'll do a test and

00:19:32.589 --> 00:19:35.630
we'll compare it to zip codes where we didn't

00:19:35.630 --> 00:19:38.769
do the mail drop. And we'll see what happened.

00:19:39.309 --> 00:19:43.210
Long story short, what happened? 34 % uptick

00:19:43.210 --> 00:19:46.589
in sales compared to any campaign they'd ever

00:19:46.589 --> 00:19:50.369
done ever. Not just for the target demographic.

00:19:50.769 --> 00:19:53.329
They ran it two or three times afterwards and

00:19:53.329 --> 00:19:56.970
it was still well into double digit growth compared

00:19:56.970 --> 00:20:00.230
to anything they'd done before. So just by thinking.

00:20:01.870 --> 00:20:04.369
irrationally, illogically, but thinking from

00:20:04.369 --> 00:20:07.690
a behavioral standpoint about what will react

00:20:07.690 --> 00:20:10.849
favorably with the customer, they were able to

00:20:10.849 --> 00:20:12.930
buck the trend of their industry and then their

00:20:12.930 --> 00:20:17.650
category and realize over and above sales targets

00:20:17.650 --> 00:20:20.470
for any of their competitors. Now, I'm not saying

00:20:20.470 --> 00:20:22.569
that the answer to your problems is to do a mail

00:20:22.569 --> 00:20:25.269
drop. That's not what I'm saying. What I'm saying

00:20:25.269 --> 00:20:28.799
is unconventional thinking. sometimes gives you

00:20:28.799 --> 00:20:30.900
the answers to your problems because if you lose

00:20:30.900 --> 00:20:35.519
purely logical pragmatic thinking you will only

00:20:35.519 --> 00:20:40.160
get one particular solution set and that's the

00:20:40.160 --> 00:20:42.299
same solution set that your competitors are going

00:20:42.299 --> 00:20:44.799
to arrive at because we're all thinking logically

00:20:44.799 --> 00:20:47.799
and rationally but logical and rationally doesn't

00:20:47.799 --> 00:20:50.700
mean you're going to get to the right answer

00:20:50.700 --> 00:20:54.460
whatever the right answer may be Because as human

00:20:54.460 --> 00:20:57.259
beings, we are not logical and rational people.

00:20:57.400 --> 00:21:01.740
We're beings, okay? We don't operate, we don't

00:21:01.740 --> 00:21:06.359
function predictably, logically and rationally.

00:21:06.519 --> 00:21:11.019
Our predisposition is emotional and contextual.

00:21:11.900 --> 00:21:16.619
We can change our decision -making process based

00:21:16.619 --> 00:21:19.019
upon the context of what that decision is made.

00:21:19.789 --> 00:21:22.670
as well as our emotional state at that particular

00:21:22.670 --> 00:21:27.950
time. And I defy anybody to disagree with me

00:21:27.950 --> 00:21:33.349
on that. We have all bought something for reasons

00:21:33.349 --> 00:21:38.289
that are emotionally based, as opposed to reason,

00:21:38.470 --> 00:21:42.710
rationality, or logic. Now, we'll tell ourselves

00:21:42.710 --> 00:21:44.710
a story after the fact. We need to have that

00:21:44.710 --> 00:21:48.309
narrative to go with that. But anything we buy.

00:21:49.349 --> 00:21:52.269
Whether it's a home or whether it's a pair of

00:21:52.269 --> 00:21:56.670
socks, anything in between, we buy here. We buy

00:21:56.670 --> 00:22:00.369
from the heart and we post -rationalize logically.

00:22:00.630 --> 00:22:04.230
We tell ourselves a story to justify the purchase

00:22:04.230 --> 00:22:09.650
and reassure our mind that we haven't made an

00:22:09.650 --> 00:22:13.609
unwise purchase. Sorry, that's another very long

00:22:13.609 --> 00:22:16.970
answer. That's called buyer's remorse. right

00:22:16.970 --> 00:22:19.769
if if we tell ourselves a story and we believe

00:22:19.769 --> 00:22:24.230
it then we keep it if we can't then we're down

00:22:24.230 --> 00:22:28.349
to the store and we're getting a return well

00:22:28.349 --> 00:22:32.049
i love that you brought back what some may consider

00:22:32.049 --> 00:22:35.289
the dinosaur times, right, of print. But I think

00:22:35.289 --> 00:22:39.390
the real lesson behind that is that your company

00:22:39.390 --> 00:22:42.750
also did all of these focus groups. And whether

00:22:42.750 --> 00:22:45.509
you do it in polls or you did them in person,

00:22:45.569 --> 00:22:49.210
you took the time to ask the very segment of

00:22:49.210 --> 00:22:52.509
people. that you wanted to target what they thought

00:22:52.509 --> 00:22:54.730
and that helped you come up with what you're

00:22:54.730 --> 00:22:57.470
calling or perhaps that business owner was calling

00:22:57.470 --> 00:22:59.910
out of this world or irrational. But I want to

00:22:59.910 --> 00:23:02.630
bring you now back to the future and talk about

00:23:02.630 --> 00:23:05.809
that AI because you have been in marketing, you

00:23:05.809 --> 00:23:08.289
have a lot of experience. And I know that when

00:23:08.289 --> 00:23:12.069
we even use the words dial up internet, some

00:23:12.069 --> 00:23:15.809
people perhaps can't comprehend that it was a

00:23:15.809 --> 00:23:18.890
line that you had to plug into a wall. And it

00:23:18.890 --> 00:23:21.450
made a phone call and then it made some screeching

00:23:21.450 --> 00:23:24.410
noises, you know, before. We all relive that

00:23:24.410 --> 00:23:29.029
music, don't we? Absolutely. But now you're navigating

00:23:29.029 --> 00:23:34.150
the rise of AI in the industry. And you're probably

00:23:34.150 --> 00:23:37.910
not just reacting to trends, but you're anticipating.

00:23:39.039 --> 00:23:42.039
them so that you can stay sharp. So what's one

00:23:42.039 --> 00:23:44.480
thing that you're doing that's shaping how you're

00:23:44.480 --> 00:23:49.720
approaching using AI to lead Caxino today and

00:23:49.720 --> 00:23:54.220
moving forward? So I'm probably going to piss

00:23:54.220 --> 00:23:58.519
off a few people now. 90 % of the claims which

00:23:58.519 --> 00:24:05.119
are made by AI devotees today are absolute BS

00:24:05.119 --> 00:24:10.920
and do not stand up to. any form of in -depth

00:24:10.920 --> 00:24:16.180
scrutiny. We've all seen the images and videos

00:24:16.180 --> 00:24:21.019
that have been 100 % AI driven, even from very

00:24:21.019 --> 00:24:23.059
large agencies, even from very large brands.

00:24:23.920 --> 00:24:26.900
But none of them stand up to further scrutiny

00:24:26.900 --> 00:24:29.759
because all we're talking about is production

00:24:29.759 --> 00:24:33.000
and we're not talking about ideation. We're not

00:24:33.000 --> 00:24:35.660
talking about creativity. We're not talking about

00:24:35.660 --> 00:24:41.259
making those strategic decisions which ai today

00:24:41.259 --> 00:24:47.759
and only today cannot do what we are doing is

00:24:47.759 --> 00:24:50.380
an industry the marketing industry the advertising

00:24:50.380 --> 00:24:52.640
industry because that's the only industries that

00:24:52.640 --> 00:24:56.019
i can speak of right is we are trying to fit

00:24:56.019 --> 00:25:02.539
ai into solving problems which ai is not very

00:25:02.539 --> 00:25:07.279
good at solving instead of using ai to solve

00:25:07.279 --> 00:25:10.660
problems that AI is actually very good at solving.

00:25:10.940 --> 00:25:14.019
Firstly, AI doesn't have taste. It doesn't have

00:25:14.019 --> 00:25:16.700
creativity. It doesn't know when it's wrong.

00:25:17.400 --> 00:25:20.680
But we as human beings, even if we think we don't

00:25:20.680 --> 00:25:23.380
have a creative bone in our body, we can look

00:25:23.380 --> 00:25:27.039
at a piece of writing as an image, as a video,

00:25:27.240 --> 00:25:33.579
and something doesn't smell right. Okay? AI doesn't

00:25:33.579 --> 00:25:37.880
have that arbiter. to be able to make the distinction.

00:25:38.359 --> 00:25:43.619
So the idea of a solopreneur using a bunch of

00:25:43.619 --> 00:25:48.059
AI tools to fill in the gaps for work is perfectly

00:25:48.059 --> 00:25:52.680
possible. And there may well be the first unicorn

00:25:52.680 --> 00:25:55.779
organization, a billion dollar valued company,

00:25:56.079 --> 00:26:00.180
which consists of one person. Maybe there will

00:26:00.180 --> 00:26:04.359
be. But the idea that the AI will be able to

00:26:04.359 --> 00:26:09.190
think, to be able to make emotional, taste -based,

00:26:09.349 --> 00:26:13.769
experiential -type decisions is for the birds.

00:26:14.750 --> 00:26:18.289
Yes, it will do tasks, but it needs to be prompted.

00:26:18.470 --> 00:26:21.269
And we've all played around with AI, put a prompt

00:26:21.269 --> 00:26:25.009
in, and got an absolute pile of cat vomit coming

00:26:25.009 --> 00:26:27.509
out of the other end because we don't know what

00:26:27.509 --> 00:26:31.759
we're doing, right? Like the old acronym is garbage

00:26:31.759 --> 00:26:33.940
in, garbage out. If you don't know what you're

00:26:33.940 --> 00:26:35.960
doing at the front, then you know what you're

00:26:35.960 --> 00:26:38.920
going to get at the back. This is the issue.

00:26:39.759 --> 00:26:42.680
So we're already seeing it in the advertising

00:26:42.680 --> 00:26:46.420
industry where certain businesses are producing

00:26:46.420 --> 00:26:50.440
like 500 ads with 500 dips of types of creative,

00:26:50.660 --> 00:26:55.220
500 headlines, 500 bits of copy, throwing it

00:26:55.220 --> 00:27:00.109
into a digital ad platform, The platform itself,

00:27:00.269 --> 00:27:03.730
to find the audience, we're not even doing the

00:27:03.730 --> 00:27:07.890
customer targeting stuff. We're leaving it up

00:27:07.890 --> 00:27:10.789
to the algorithms to do that. And then measuring

00:27:10.789 --> 00:27:16.170
whatever ad gives like 0 .001 % better uplift

00:27:16.170 --> 00:27:18.910
compared to the rest, and then doubling down

00:27:18.910 --> 00:27:21.930
on those ads. And we're forgetting about the

00:27:21.930 --> 00:27:28.720
99 % of people who've seen the crud ads. before

00:27:28.720 --> 00:27:33.119
they actually see the good good. I'm using that

00:27:33.119 --> 00:27:36.119
relative in the relative term, of course, ad.

00:27:36.400 --> 00:27:41.180
So we're pissing off 90 % of our target market

00:27:41.180 --> 00:27:47.559
in order to get a algorithm based result, which

00:27:47.559 --> 00:27:52.579
is still not going to be as effective as something

00:27:52.579 --> 00:27:55.500
that was produced by somebody who's had experience

00:27:55.500 --> 00:27:59.619
or education. in the subject matter. AI would

00:27:59.619 --> 00:28:03.079
never come up with I'm loving it. AI could never

00:28:03.079 --> 00:28:05.799
come up with just do it. AI would never come

00:28:05.799 --> 00:28:10.079
up with think different. Right? It could do the

00:28:10.079 --> 00:28:14.200
poster and it could make it according to printing

00:28:14.200 --> 00:28:17.539
specs or banner specs and all the rest of it.

00:28:17.640 --> 00:28:20.380
But, you know, that's further downstream. That's

00:28:20.380 --> 00:28:22.319
production stuff. I'm not interested in that.

00:28:22.420 --> 00:28:26.000
I'm interested in the strategy stuff. In the

00:28:26.000 --> 00:28:28.880
stuff that, Like I said, we all buy emotionally

00:28:28.880 --> 00:28:33.420
and then post -rationalize logically. So any

00:28:33.420 --> 00:28:36.960
form, you look at any ad that you can remember,

00:28:37.119 --> 00:28:42.200
or any memory that you've got throughout your

00:28:42.200 --> 00:28:47.759
life, every single one of those memories is underpinned

00:28:47.759 --> 00:28:52.859
by a strong emotional force. It could be happiness.

00:28:52.880 --> 00:28:55.119
It could be sadness. It could be anger. It could

00:28:55.119 --> 00:28:57.359
be fear. It could be anything. There's positive

00:28:57.359 --> 00:29:00.400
emotions as well as negative. But it's the emotion

00:29:00.400 --> 00:29:05.579
that creates the hook to form those memory structures

00:29:05.579 --> 00:29:10.099
in our brain. Every January, Super Bowl time,

00:29:10.299 --> 00:29:13.259
we all go through and we look at the Super Bowl

00:29:13.259 --> 00:29:15.539
ads and we talk about the Super Bowl ads that

00:29:15.539 --> 00:29:18.440
we remember. What are the ones we remember? The

00:29:18.440 --> 00:29:21.539
ones that stand out because they're funny. or

00:29:21.539 --> 00:29:25.960
because they make us think, they create pathos,

00:29:25.960 --> 00:29:29.599
or they create nostalgia, or whatever it is.

00:29:29.880 --> 00:29:34.039
These are all emotions, Sheila. It's not a question

00:29:34.039 --> 00:29:35.740
of sticking it out and putting a bunch of bullet

00:29:35.740 --> 00:29:37.200
points on there. No one's going to remember that,

00:29:37.240 --> 00:29:41.059
are they? So pulling those emotional levers in

00:29:41.059 --> 00:29:44.380
order to create, like I said, these mental structures

00:29:44.380 --> 00:29:48.720
is paramount to anything we do from a marketing

00:29:48.720 --> 00:29:53.029
perspective. Now, to help do that from a production

00:29:53.029 --> 00:29:57.029
side, AI can do lots of things. If we're looking

00:29:57.029 --> 00:30:01.890
at making sense of large amounts of data to actually

00:30:01.890 --> 00:30:05.710
look at trends and nuances and find out exactly

00:30:05.710 --> 00:30:09.450
where there are tangible commercial opportunities

00:30:09.450 --> 00:30:13.289
by sorting through data, AI loves that sort of

00:30:13.289 --> 00:30:16.309
stuff, and it does a great job doing it. But

00:30:16.309 --> 00:30:19.759
for some reason, we're trying... AI has become

00:30:19.759 --> 00:30:27.019
a proxy for cheaper and faster rather than better.

00:30:28.819 --> 00:30:33.200
And we should be using it to augment our services

00:30:33.200 --> 00:30:36.039
so that we can reach ever greater heights of

00:30:36.039 --> 00:30:39.720
performance rather than a race to the bottom

00:30:39.720 --> 00:30:42.960
where we're just trying to do something faster

00:30:42.960 --> 00:30:45.579
and cheaper and get ever -decreasing results.

00:30:47.440 --> 00:30:49.319
I don't want to come across as a Luddite here,

00:30:49.420 --> 00:30:52.559
okay? And I can do lots of really cool stuff,

00:30:52.759 --> 00:30:56.119
but we're not pushing it in that direction for

00:30:56.119 --> 00:30:58.039
some reason. We're trying to make it, we're trying

00:30:58.039 --> 00:30:59.859
to put a square peg in a round hole and I don't

00:30:59.859 --> 00:31:03.839
quite know why. Because it's really good at certain

00:31:03.839 --> 00:31:07.480
things and it's really crap at other things and

00:31:07.480 --> 00:31:09.420
we're just trying to make it do the crap stuff

00:31:09.420 --> 00:31:13.599
rather than make it do the good stuff. It's great

00:31:13.599 --> 00:31:18.970
to be able to look at figuratively, or uh legitimately

00:31:18.970 --> 00:31:21.410
you don't have to stare at a blank page anymore

00:31:21.410 --> 00:31:25.369
right you you can cut you know it's the hardest

00:31:25.369 --> 00:31:27.069
thing in the world is to stare at a blank page

00:31:27.069 --> 00:31:30.049
and think okay where do we go right so from an

00:31:30.049 --> 00:31:33.069
ideation perspective having a stick in the ground

00:31:33.069 --> 00:31:37.289
you know figuratively speaking that we can work

00:31:37.289 --> 00:31:43.029
around um is is fantastic um But we need to remember

00:31:43.029 --> 00:31:45.190
to take into consideration that the conversation

00:31:45.190 --> 00:31:48.269
is taking place based on previous existing ideas.

00:31:48.769 --> 00:31:50.990
So the chance that we could hit something fresh

00:31:50.990 --> 00:31:54.529
and original using AI prompts is infinitesimally

00:31:54.529 --> 00:31:58.849
small. Okay? So I think it'll fuel more mediocre

00:31:58.849 --> 00:32:03.650
work because if you're using AI to create, you're

00:32:03.650 --> 00:32:05.609
just combining ideas from what's already there.

00:32:05.809 --> 00:32:09.470
Okay? So until AI has emotional intelligence,

00:32:10.140 --> 00:32:12.160
It's incapable of creating something on its own.

00:32:12.940 --> 00:32:20.400
It's a curator, okay? Not a creator, okay? So

00:32:20.400 --> 00:32:22.700
all of that boring, non -creative, repetitive

00:32:22.700 --> 00:32:25.180
stuff should definitely be thrown at AI, okay?

00:32:25.539 --> 00:32:27.759
Most of the performance marketing stuff, the

00:32:27.759 --> 00:32:31.640
pragmatic style ads, banner ads, A -B testing.

00:32:32.819 --> 00:32:34.819
Rationality -based copywriting, you know, things

00:32:34.819 --> 00:32:37.279
like features and colors and availability and

00:32:37.279 --> 00:32:39.720
all that stuff. All the basic, what I call grunt

00:32:39.720 --> 00:32:42.720
work, you know, the test and learn work, the

00:32:42.720 --> 00:32:45.940
stuff we used to give to interns. AI can do all

00:32:45.940 --> 00:32:47.720
of that stuff and it can do it far better than

00:32:47.720 --> 00:32:50.579
a human being. Where it gets interesting is where

00:32:50.579 --> 00:32:53.839
it can do things that humans either can't do

00:32:53.839 --> 00:32:56.980
quickly or can't do at all. So like I said, gathering

00:32:56.980 --> 00:33:00.380
data, working with what -if models around that

00:33:00.380 --> 00:33:03.519
data. You know, link all the moving parts together

00:33:03.519 --> 00:33:06.279
and help us with strategic planning. You know,

00:33:06.279 --> 00:33:10.039
for example, the ability to gather what we call

00:33:10.039 --> 00:33:14.740
in marketing category entry points, okay? Basically,

00:33:14.859 --> 00:33:17.960
to create more detailed market segmentation,

00:33:18.099 --> 00:33:21.539
identify the optimum positioning strategy, build

00:33:21.539 --> 00:33:25.759
funnels, work out the best leverage points, recommend

00:33:25.759 --> 00:33:28.200
new product development ideas, that sort of stuff.

00:33:28.619 --> 00:33:31.359
And then... You can imagine taking all of those

00:33:31.359 --> 00:33:34.180
things together that have been created virtually

00:33:34.180 --> 00:33:37.319
instantaneously and having them all speak to

00:33:37.319 --> 00:33:41.240
each other to identify the optimum strategy for

00:33:41.240 --> 00:33:45.240
our business in the next 6, 12, 24, 36 months.

00:33:45.380 --> 00:33:48.960
And we can run a gazillion scenarios where we

00:33:48.960 --> 00:33:52.559
can change variables, objectives, pricing, distribution,

00:33:53.079 --> 00:33:56.599
ad spend, whatever, and model those possibilities

00:33:56.599 --> 00:33:58.950
and work out the best one and review it. every

00:33:58.950 --> 00:34:02.809
year, month, every day, if you want, you know?

00:34:02.950 --> 00:34:06.170
So AI can connect the dots and spot trends and

00:34:06.170 --> 00:34:09.190
augment what marketing teams are already doing,

00:34:09.289 --> 00:34:13.469
creating private GPTs around our own particular

00:34:13.469 --> 00:34:16.269
business, our own particular market, all of that

00:34:16.269 --> 00:34:18.510
customer -facing messaging that our businesses

00:34:18.510 --> 00:34:21.110
have created, our financials, our reporting,

00:34:21.309 --> 00:34:25.449
our research, our presentations, everything.

00:34:25.789 --> 00:34:29.110
It's like your second brain. to help you anticipate

00:34:29.110 --> 00:34:33.250
trends and that sort of thing. But for creative

00:34:33.250 --> 00:34:38.070
execution, for the principles of behavioral optimization,

00:34:39.230 --> 00:34:45.070
AI sucks. It's not even close to being there.

00:34:45.989 --> 00:34:49.070
But all of this stuff I've just said, it excels

00:34:49.070 --> 00:34:51.449
at. And we should be doing much more of that.

00:34:51.610 --> 00:34:53.889
And that's really where the opportunity exists

00:34:53.889 --> 00:34:56.170
within the marketing and advertising sphere.

00:34:56.909 --> 00:35:01.250
So what is your next milestone? I've been teaching

00:35:01.250 --> 00:35:04.110
for a long time. I'm a visiting professor, so

00:35:04.110 --> 00:35:06.769
a part -timer. At the end of last year, I was

00:35:06.769 --> 00:35:11.389
invited to speak at a conference in Copenhagen

00:35:11.389 --> 00:35:14.090
in Denmark. And I hadn't done any public speaking

00:35:14.090 --> 00:35:17.050
for a long time, excusing the stuff I'm doing

00:35:17.050 --> 00:35:19.050
at university because it's not really public

00:35:19.050 --> 00:35:21.809
speaking in the same way, right? And I got a

00:35:21.809 --> 00:35:25.429
really good feedback. The organizers were blown

00:35:25.429 --> 00:35:29.300
off. blown off their chairs. They weren't expecting

00:35:29.300 --> 00:35:33.880
as positive a feedback as they got. And I've

00:35:33.880 --> 00:35:36.400
heard this over the years, but I've never taken

00:35:36.400 --> 00:35:40.280
it very seriously. But I'm actually going to

00:35:40.280 --> 00:35:44.760
give a good go in seeing whether I can secure

00:35:44.760 --> 00:35:48.440
more public speaking opportunities, because people

00:35:48.440 --> 00:35:51.599
who know about these things and are looking at

00:35:51.599 --> 00:35:54.110
it a lot more. objectively and pragmatically,

00:35:54.210 --> 00:35:55.969
which I can't because I'm looking at everything

00:35:55.969 --> 00:35:58.590
from an inch from my nose, right? Think that

00:35:58.590 --> 00:36:02.929
I can actually command some kind of presence

00:36:02.929 --> 00:36:07.289
within a room. That's my next mountain to climb,

00:36:07.389 --> 00:36:09.989
to see whether I've actually got what it takes.

00:36:10.150 --> 00:36:11.650
But that's what I'm going to give a go anyway.

00:36:11.969 --> 00:36:16.469
But I think you got this. That's very kind. So

00:36:16.469 --> 00:36:18.849
thank you very much for joining me today, G.

00:36:19.389 --> 00:36:21.849
I had a great time. I was delighted. It was a

00:36:21.849 --> 00:36:25.809
wonderful time. I hope you and I hope your audience

00:36:25.809 --> 00:36:29.809
will enjoy our discussion today. And I will leave

00:36:29.809 --> 00:36:33.610
all of your contact information in the notes

00:36:33.610 --> 00:36:36.730
so that anyone that wants to reach out to you

00:36:36.730 --> 00:36:41.449
or learn more about Kixino or perhaps your future

00:36:41.449 --> 00:36:46.590
speaking engagements can do so by looking in

00:36:46.590 --> 00:36:49.750
the show notes. Thank you all for tuning in to

00:36:49.750 --> 00:36:52.750
another episode of Milestone Moments in Business

00:36:52.750 --> 00:36:54.909
and Leadership. Until next time.
