Marketing School - Digital Marketing and Online Marketing Tips

Marketing School - Digital Marketing and Online Marketing Tips

By Eric Siu & Neil PatelBusinessMarketingCareers
Download on the App Store

Marketing School - Digital Marketing and Online Marketing Tips episodes

  • These New OpenAI Developments Will Change Marketing Forever

    In episode #2623, We discuss recent developments from OpenAI that will revolutionize marketing. OpenAI now allows us to create our own GPT without coding, enabling our company to quickly generate data and insights. OpenAI has also made Chat GPT faster and cheaper, making it more accessible for us marketers. We can now upload entire books or social media posts to analyze and extract key takeaways. OpenAI's features are particularly useful for our employee onboarding and creating marketing efficiencies. Additionally, OpenAI has introduced Copyright Shield to protect us from legal claims. The platform's multimodal capabilities will soon allow us to analyze images, videos, and audio.


    Don’t forget to help us grow by subscribing and liking on YouTube!


    Check out more of Eric’s content (Leveling UP YT) and Neil’s videos (Neil Patel YT) 


    TIME-STAMPED SHOW NOTES:

    • (00:00) Today’s topic: These New OpenAI Developments Will Change Marketing Forever
    • (00:01) OpenAI allows users to create their own GPT without coding.
    • (01:55) Chat GPT four turbo is faster and cheaper.
    • (03:29) Users can upload an entire book for analysis.
    • (04:30) OpenAI introduces Copyright Shield to defend against legal claims.
    • (05:09) Multimodal capabilities will allow for image, video, and audio analysis
    • (05:16) That’s it for today! Don’t forget to rate, review, and subscribe!

      Go to https://www.marketingschool.io to learn more!


      Links Mentioned in Today’s Episode:


      • OpenAI DevDay Recap


      Leave Some Feedback:


      • What should we talk about next? Please let us know in the comments below
      • Did you enjoy this episode? If so, please leave a short review.

      • Connect with Us: 


        • Single Grain << Eric’s ad agency
        • NP Digital << Neil’s ad agency
        • X @neilpatel 
        • X @ericosiu

        • Learn more about your ad choices. Visit megaphone.fm/adchoices

          See omnystudio.com/listener for privacy information.

          6 min
        • Dark Social's False Attribution to 'Direct' Traffic #2622
          In episode #2622, We discuss the challenges of accurately tracking web traffic in the age of dark social. We highlight the misclassification of social referral traffic as direct and the impact it has on us marketers and website owners. With the rise of privacy concerns and the decline in tracking consent, traditional analytics platforms like Google Analytics are becoming less reliable. We emphasize the need for us marketers to invest in brand recall studies and qualitative data to better understand where our visitors and buyers are coming from.
          Don’t forget to help us grow by subscribing and liking on YouTube!
          Check out more of Eric’s content (Leveling UP YT) and Neil’s videos (Neil Patel YT) 
          TIME-STAMPED SHOW NOTES:
          (00:00) Today’s topic: Dark Social's False Attribution to 'Direct' Traffic
          (00:40) Misclassification of social referral traffic as direct traffic
          (01:38) Explanation of dark social and its attribution challenges
          (02:03) Increasing privacy concerns and its effect on tracking web traffic
          (02:54) Shift towards traditional marketing models and multitouch attribution
          (03:45) Strategies to capture qualitative data and attribute leads
          (04:17) Importance of investing in brand recall studies
          (04:23) Difficulty in analyzing data with Google Analytics
          (05:23) Use of custom reports and daily dashboards for analytics
          (05:46) That’s it for today! Don’t forget to rate, review, and subscribe!
          Go to https://www.marketingschool.io to learn more!
          Links Mentioned in Today’s Episode:
          Rand Fishkin Blog
          Leave Some Feedback:
          What should we talk about next? Please let us know in the comments below
          Did you enjoy this episode? If so, please leave a short review.
          Connect with Us: 
          Single Grain << Eric’s ad agency
          NP Digital << Neil’s ad agency
          X @neilpatel 
          X @ericosiu
          Learn more about your ad choices. Visit megaphone.fm/adchoices
          7 min
        • Why Millionaires & Billionaires are Becoming Content Creators #2621
          In episode #2621, We explore the strategies of successful content creators, drawing inspiration from figures like Chamath Palihapitiya and Andrew Wilkinson, both millionaires who have activated paid subscriptions for their Twitter accounts. We discuss their keen understanding of the value of building and leveraging an audience for various opportunities, highlighting the potential for financial success through subscriptions, investments, and business deals. We draw parallels with other content creators, such as Jason Lemkin and Harry Stebbings, who have successfully built conferences, and venture capital opportunities, and gained access to deal flow through their respective platforms. We emphasize the strategic move of building an audience as a means to stand out from the crowd and create diverse opportunities.
          Don’t forget to help us grow by subscribing and liking on YouTube!
          Check out more of Eric’s content (Leveling UP YT) and Neil’s videos (Neil Patel YT) 
          TIME-STAMPED SHOW NOTES:
          (00:00) Today’s topic: Why Millionaires & Billionaires are Becoming Content Creators
          (00:01) Chamath and Andrew Wilkinson are becoming content creators
          (01:50) Building an audience helps make money and get business deals
          (03:51) Examples of successful content creators: Jason Lemkin and Harry Stebbings
          (05:13) Tim Ferriss has a large audience and makes money from investing
          (06:31) Building an audience is a smart move for success
          (07:12) That’s it for today! Don’t forget to rate, review, and subscribe!
          Go to https://www.marketingschool.io to learn more!
          Links Mentioned in Today’s Episode:
          Chamath Palihapitiya X
          Andrew Wilkinson X
          Leave Some Feedback:
          What should we talk about next? Please let us know in the comments below
          Did you enjoy this episode? If so, please leave a short review.
          Connect with Us: 
          Single Grain << Eric’s ad agency
          NP Digital << Neil’s ad agency
          X @neilpatel 
          X @ericosiu
          Learn more about your ad choices. Visit megaphone.fm/adchoices
          9 min
        • How SGE Will Dramatically Change Your SEO Traffic #2620
          In episode #2620, We delve into the impact of Google's search generative experience (SGE) on SEO traffic. SGE, an AI-generated response providing instant answers in search results, is poised to alter the click-through rate (CTR) model, resulting in lower CTRs for top-ranking positions. We stress the importance for content creators like us to produce comprehensive and up-to-date content to stay competitive in this evolving landscape. Furthermore, we observe a shift in user behavior, with longer search queries contributing to an elongated tail of search terms.
          Don’t forget to help us grow by subscribing and liking on YouTube!
          Check out more of Eric’s content (Leveling UP YT) and Neil’s videos (Neil Patel YT) 
          TIME-STAMPED SHOW NOTES:
          (00:00) Today’s topic: How SGE Will Dramatically Change Your SEO Traffic
          (00:33) SGE provides AI-generated responses and suggestions
          (01:26) SGE is cautious with financial and health advice
          (01:51) Post-SGE click-through rates for top positions decrease
          (02:25) SGE presence varies, affecting traffic differently for each query
          (03:02) Content creators should make thorough and updated content
          (04:06) Users won't wait more than 14.6 seconds for AI snapshots
          (04:37) Longer tail searches are becoming more common
          (05:54) That’s it for today! Don’t forget to rate, review, and subscribe!
          Go to https://www.marketingschool.io to learn more!
          Links Mentioned in Today’s Episode:
          Michael King’s article on SGE
          Leave Some Feedback:
          What should we talk about next? Please let us know in the comments below
          Did you enjoy this episode? If so, please leave a short review.
          Connect with Us: 
          Single Grain << Eric’s ad agency
          NP Digital << Neil’s ad agency
          X @neilpatel 
          X @ericosiu
          Learn more about your ad choices. Visit megaphone.fm/adchoices
          7 min
        • Critical Agency Acquisition Mistakes

          In episode #2619, We delve into the crucial mistakes to steer clear of when acquiring an agency, drawing from our own experiences and aiming to offer valuable insights to those contemplating a similar move. We underscore the significance of avoiding errors such as neglecting to retain the founders and management team, rushing through the due diligence process, and overlooking the importance of ensuring a cultural fit. Our emphasis lies in taking the necessary time to find the right agency, conducting meticulous due diligence, and aligning incentives with the founders for a successful acquisition. Additionally, we stress the pivotal role of cultural fit and advocate for open communication throughout the acquisition process.


          Don’t forget to help us grow by subscribing and liking on YouTube!


          Check out more of Eric’s content (Leveling UP YT) and Neil’s videos (Neil Patel YT) 


          TIME-STAMPED SHOW NOTES:

          • (00:00) Today’s topic: Critical Agency Acquisition Mistakes
          • (00:32) Importance of retaining the top talent during the acquisition
          • (01:39) Need for founders to stay on board for knowledge transfer
          • (02:59) Importance of conducting thorough due diligence before acquiring
          • (03:56) Taking time for due diligence and decreasing the seller's advantage
          • (05:32) Key factors to consider during due diligence: churn, revenue, growth
          • (06:20) Importance of cultural fit and interviewing for it
          • (06:52) The Leader's responsibility to be closely involved in the acquisition process
          • (07:10) That’s it for today! Don’t forget to rate, review, and subscribe!

            Go to https://www.marketingschool.io to learn more!


            Leave Some Feedback:

            • What should we talk about next? Please let us know in the comments below
            • Did you enjoy this episode? If so, please leave a short review.

            • Connect with Us: 

              • Single Grain << Eric’s ad agency
              • NP Digital << Neil’s ad agency
              • X @neilpatel 
              • X @ericosiu

              • Learn more about your ad choices. Visit megaphone.fm/adchoices

                See omnystudio.com/listener for privacy information.

                8 min
              • Critical Agency Acquisition Mistakes #2619
                In episode #2619, We delve into the crucial mistakes to steer clear of when acquiring an agency, drawing from our own experiences and aiming to offer valuable insights to those contemplating a similar move. We underscore the significance of avoiding errors such as neglecting to retain the founders and management team, rushing through the due diligence process, and overlooking the importance of ensuring a cultural fit. Our emphasis lies in taking the necessary time to find the right agency, conducting meticulous due diligence, and aligning incentives with the founders for a successful acquisition. Additionally, we stress the pivotal role of cultural fit and advocate for open communication throughout the acquisition process.
                Don’t forget to help us grow by subscribing and liking on YouTube!
                Check out more of Eric’s content (Leveling UP YT) and Neil’s videos (Neil Patel YT) 
                TIME-STAMPED SHOW NOTES:
                (00:00) Today’s topic: Critical Agency Acquisition Mistakes
                (00:32) Importance of retaining the top talent during the acquisition
                (01:39) Need for founders to stay on board for knowledge transfer
                (02:59) Importance of conducting thorough due diligence before acquiring
                (03:56) Taking time for due diligence and decreasing the seller's advantage
                (05:32) Key factors to consider during due diligence: churn, revenue, growth
                (06:20) Importance of cultural fit and interviewing for it
                (06:52) The Leader's responsibility to be closely involved in the acquisition process
                (07:10) That’s it for today! Don’t forget to rate, review, and subscribe!
                Go to https://www.marketingschool.io to learn more!
                Leave Some Feedback:
                What should we talk about next? Please let us know in the comments below
                Did you enjoy this episode? If so, please leave a short review.
                Connect with Us: 
                Single Grain << Eric’s ad agency
                NP Digital << Neil’s ad agency
                X @neilpatel 
                X @ericosiu
                Learn more about your ad choices. Visit megaphone.fm/adchoices
                9 min
              • Are Agencies Ripe For Rollups?

                In episode #2618, We delve into the question of whether agencies are ready for roll-ups, the process of acquiring and merging multiple companies in the same industry. We highlight the potential advantages for agencies, emphasizing the benefits of combining customer bases, reducing expenses, and cross-selling services. This strategic approach can result in heightened revenue, decreased churn, and elevated valuations. Despite these potential gains, we caution that agencies experiencing declining profits and harboring unrealistic expectations may encounter challenges in finding suitable buyers. Our prediction is that the market for agency roll-ups will become more favorable, particularly in early 2024.


                Don’t forget to help us grow by subscribing and liking on YouTube!


                Check out more of Eric’s content (Leveling UP YT) and Neil’s videos (Neil Patel YT) 


                TIME-STAMPED SHOW NOTES:

                • (00:00) Today’s topic: Are Agencies Ripe For Rollups?
                • (00:35) Small agencies can get 3-4x EBITDA, and large agencies can get 10x+
                • (01:44) Combining smaller agencies can generate more revenue and savings
                • (03:20) Cross-selling services between agencies can increase profitability
                • (04:34) Many agencies are looking to sell due to a lack of leads and high churn
                • (05:45) Agencies' valuations and expectations are declining
                • (06:54) Unrealistic expectations are hindering agency roll-ups
                • (07:00) The timing for agency acquisitions is getting closer
                • (07:20) That’s it for today! Don’t forget to rate, review, and subscribe!

                  Go to https://www.marketingschool.io to learn more!


                  Leave Some Feedback:

                  • What should we talk about next? Please let us know in the comments below
                  • Did you enjoy this episode? If so, please leave a short review.

                  • Connect with Us: 


                    • Single Grain << Eric’s ad agency
                    • NP Digital << Neil’s ad agency
                    • X @neilpatel 
                    • X @ericosiu
                    • Learn more about your ad choices. Visit megaphone.fm/adchoices

                      See omnystudio.com/listener for privacy information.

                      8 min

                    About Marketing School - Digital Marketing and Online Marketing Tips

                    From the publisher's feed

                    Neil Patel and Eric Siu bring you daily ACTIONABLE digital marketing lessons that they've learned through years of being in the trenches. Whether you have a new website or an established business,…