Sept. 11, 2024

Affiliate Marketing Success - Lee-Ann Johnstone Shares Her Journey and Tips

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This is Bad Decisions with Jim Banks, the weekly podcast for aspiring digital marketers.

New episode released every Wednesday at 2PM GMT where you'll get stories and anecdotes of bad decisions and success stories from guests who've been there and done that in many of the disciplines that make up digital marketing.

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Transcript
Speaker:

I'm so pleased to have Lee-Ann Johnstone as my guest today.



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A little bit of a backstory.



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So Lee-Ann and I were both from the same country.



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We were talking in the green room earlier.



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We established we were actually not that far from each other geographically,



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I kept seeing Lee-Ann everywhere, I kept hearing about Lee-Ann Johnstone



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everywhere, and I'd never met her.



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I'm like, this is weird.



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I thought I knew everyone in performance marketing, But I'd never met Lee-Ann.



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And lo and behold, I just happened to be in a bar in Las Vegas



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when Affiliate Summit was on.



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And that's where we actually met for the first time.



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So Lee-Ann, welcome to the show.



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Thank you, Jim, for having me on your mic.



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I'm so excited to be here.



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yeah, it was a weird story how we met because I actually found out about you



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at a LinkUnite conference in Florida before I came to Affiliate Summit West.



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And then, lo and behold, I looked across the bar and there you



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were, and that's how we met.



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So it was fated and



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meant to be.



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I'm always amazed at how many.



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People from the UK are prepared to jump on that 10 hour flight to Vegas to go to



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Affiliate Summit and brutalize themselves for two or three days for work purposes.



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so Lee-Ann,



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You've been a digital marketer, affiliate marketer for 20 plus years.



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So what's your backstory?



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How did you get into digital marketing in the first place?



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Love that story because, everybody that I've ever spoken to in affiliate marketing



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has always landed up here by accident.



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And so did I, so about 20 years ago, I was working for an insurance,



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a financial services company doing traditional marketing.



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So print, Radio, TV, all the usual things.



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and I literally sat there and I thought if I do another quarterly



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or annual report, I'm going to want to kill myself because it's just



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the same all the time, all the time.



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And at that time in South Africa, in case people want to know what, where



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this accent's from, Online marketing was becoming a bit of a thing.



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And so there was like one company in the whole of Cape



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town that was doing media buying.



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And I thought, I have to go and check out what this is.



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And, so I checked in my job, went and interviewed, and they did like a round of



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six interviews or something ridiculous.



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And, I had to answer every question under the sun, made it through to the



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last interview stage and got the job.



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And I was like, I can't believe I got the job.



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I've got no experience in online marketing whatsoever, but I am a good, Marketing



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Practitioner, anyway, they're like, we can teach you all of those things.



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and I started at the bottom, like right at the bottom.



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I was a junior account executive, with no experience and had to learn the ropes,



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but I was so in love with online and the fact that I could make decisions



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and see the impact happening immediately with the customers that were seeing



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the content that we were creating.



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Um, that I soaked it up like a sponge.



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And within three months I was one of the senior media buyers



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that they had in their team.



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And from there, it really just spanned on.



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And, and I went into media buying and then I went into performance



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marketing, did a little bit of paid, contextual marketing, pay per click,



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AdWords, all the usual things that were floating around back in those days.



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And just absolutely fell in love with Affiliate because it combined,



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people, which, I love being around people and working with



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people and building relationships.



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And I combined the numbers, the stats behind what's working, what



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isn't working, and I found my niche.



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And I thought, this is what I'm meant to do.



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I woke up every day, and I was happy to go into work.



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And I thought, this is That I found my passion, it was like a light bulb moment.



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And, fast forward 20 years later, I'm still in this industry.



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I'm still having light bulb moments.



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I'm still loving every day that I, that I work in performance because



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it combines those two things.



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It combines people and working with, really innovative, clever affiliates who



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are at the forefront of the internet.



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And it's also working with brands and, and the data and the analysis that sits



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behind all the campaigns that we run.



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So for me, it's some people wake up and they know they want



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to be a doctor or a lawyer.



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I woke up and I knew I wanted to be in marketing, but I didn't really know what.



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And then by accident, I found performance and it really



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just floated my boat.



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And that's how I got into the



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industry.



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I don't think I'm, speaking out of turn here.



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You are by far and away, one of the hardest working people in our industry.



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like you're everywhere again, I don't know if that's been by design or what



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have you, but you're a, an award winning podcaster, we were talking again, we



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were talking beforehand about going to the podcast show and we'll talk about



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that in a second, but what I found quite interesting, so you're obviously an



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award winning podcaster and I know from my own experience of doing this podcast.



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podcast.



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How hard that is, How hard it is to create a podcast regularly.



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Again, I've missed a couple of weeks because I've been traveling and so on.



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but it's tough.



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so again, kudos to you for, doing that, but you're also running, AFI



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media, And then you've also got your program management company as well.



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So how do you juggle all those chainsaws?



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I



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I gotta, I



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think of each



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gotta be honest with you, it is not by design, it's accidentally on purpose



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again, and it all starts with having one vision and one focus, and that is to



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help everybody in the world do affiliate marketing better, so it doesn't matter



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where you are in your journey, if you are new to affiliate and starting out



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and you have no idea how to get started.



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Or if you're experienced and seasoned and you want to get to that next level and



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think ahead and be ahead of the trends, we've created a flywheel in our business



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that helps you no matter where you are.



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And it was, I'd love to say it was by design, but it wasn't, it was due to



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economic factors and COVID basically.



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So, There's three streams to our business at this point.



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the first one is we're obviously an, an agency, so we're actually



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an award winning agency as well.



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we manage affiliate programs for brands, for clients.



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We launch them, scale them, grow them, migrate them, like whatever it



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is that you need to have done on an affiliate program, we have a very,



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very experienced account management team that can help you with that.



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and through the agency, which was the start of our business.



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So like any other agency owner, you start as a consultant and then you get



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bigger and you start hiring people and you start bringing on more clients.



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And then COVID hit.



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And so it was a timing issue for me because I was like, Oh, I've got this



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agency, but now I can't go to any events.



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How do I get new business?



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And so the only way I could do that is I pivoted into content marketing.



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So we launched the podcast to continue that education process.



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And then we started pushing out a whole bunch of content and inviting,



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I've got a huge Rolodex of people I've been around a long time, people



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like you even, to start coming in and contributing to that conversation.



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And we ended up building this community around Affiverse where



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we've got this media publication now where everybody wants to be in it



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and advertise on it because we speak to affiliates, affiliate managers,



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agencies, networks, like people that are practitioners in affiliate marketing.



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They're coming to listen and learn with us.



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and so we became an accidental media company overnight, not by design and.



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Obviously during COVID we wanted to reach our audience and the best way that we



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could do that was to host virtual events.



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So we started running these educational events and actually just bringing people



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together to have conversations about what's changing because as you know in



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this industry, like things change daily.



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Like you could be doing something this month and in three months time



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that strategy doesn't work anymore.



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It's been done.



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so really just keeping ahead of that curve was, was one of the things that



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we wanted to do, which fits back to that vision of helping our customers



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to do affiliate marketing better.



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And then.



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The last stream in our business is the fact that we have a 12 week coaching



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program for affiliate program managers.



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So it doesn't matter whether you're working agency side, network side, client



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side, brand side, like you can come and learn with me, all the frameworks



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that I've learned over 25 years.



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And it sounds like a long time, but like you have to fail a lot in order to build.



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Really successful frameworks.



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And we give everybody the edge in terms of thinking about their



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program differently and coaching them through some of the changes that are



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happening now around them as well.



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So it's almost like a supportive program, membership, community, whatever you



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want to call it, to just level up and learn with practitioners that have



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gone before you because As you know, this industry is so fragmented, there's



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no degree in affiliate marketing, you have to learn everything on the job.



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And so we just really wanted to invite everybody to come with us, to learn



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how to do affiliate marketing better.



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and so everything that we've built at Affiverse is really about helping our



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community to rise up and to, really get access to people, practitioners, speakers,



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whoever it is that I can leverage in my community that I know knows their



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things, to just come together and learn.



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And so we've attracted an audience by just putting out good content and making



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sure that people can get the support that they need in order to do it better



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because I really love this industry.



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I've been in it for two decades, and I want to see it.



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left in a better place than when I started.



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And so everything that I'm doing right now is about that next gen of account managers



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coming into the system who needs to be supported and who needs to have access



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to really like knowledgeable people that they wouldn't know that they need access



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to, because when you walk into these huge events and we do have big events



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in our industry, it's a bit daunting.



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Like, who do you know?



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Who, who do you follow?



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Who do you go and talk to?



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Who, who can you get information from?



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And so.



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That's kind of what I've got is over the last four years, I've built this



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business and that's what we have is this community of people that want to



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learn and grow and they just follow and



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come along with us.



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And I'm very proud of that.



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as well.



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You should be is, I think it's what you've achieved is, is like I said,



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nothing short of amazing, especially as you're also, you have a family.



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You were just saying beforehand, you just come back from Spain.



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I completely appreciate the, the kind of the time it takes to, uh, to



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kind of run one business, nevermind



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Kind of three.



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Yeah.



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Not bad design.



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I mean, it just is what it is.



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So, you know, and I have to just say, Jim, I have an amazing team.



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Like this isn't just me, like I've got an amazing team that sits behind me that has



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helped us to pull this vision forward.



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And they all believe in what we're doing.



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Like they all believe that they all come from the industry.



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So they all know that and they have experienced the lack of



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knowledge and the lack of, support.



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and they really do want to help the world do affiliate marketing better.



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And I kind of, I strapline, I'm a really simple person.



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Like I only talk about one subject and that's affiliate marketing, but I love it.



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I absolutely love it.



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And hopefully that shines through in everything that



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we do and all the experiences that we've been able to give to



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people and, and, support them with.



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So, so one of the, I think one of the challenges with the industry, as you said,



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it's quite fragmented, It's, again, I think it's got, it's almost got a, like a



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language of its own, like there's so much jargon, there's so many different names



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that things are called, So affiliates are also known as publishers, Agencies



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are sometimes called program managers,



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There's there's so many different things, brands are called advertisers.



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And it's that there are so many pieces to it.



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Affiliate marketing, performance marketing, and is it the same thing?



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And how, why do you think we've never been able to arrive at one



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set of industry standards to say this is what everything's going to



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be called from this point forward.



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And all the other stuff doesn't matter.



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affiliate marketing is, it's always been affiliate marketing to me.



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But I think some brands don't want to be associated with affiliate marketing.



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So it's called performance marketing and you think, it's still the same thing,



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It's still the same kind of outcome that you're, you're trying to derive.



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So how do you think we need to address that as an industry?



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I mean, I think we're in another evolution now.



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So you and I, in our lifetime in affiliate marketing, we'll identify with affiliate



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marketing and know exactly what it means.



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The next generation came in and said, it's performance marketing.



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So it's pay on performance.



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Now we're talking about partnerships.



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Everybody is a partner.



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And the reason why it's so fragmented is because the internet has changed so much.



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Significantly since affiliate marketing first started, where it



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was just a website and a single link.



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Now you've got sub networks, networks, influencers, different social media



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channels where you can push content out, email marketers, bloggers,



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paid media arbitrage sellers.



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So affiliate marketing is no longer a channel.



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It's actually a payment method.



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Like if you think about it in the most basic sense of the word.



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And so it encompasses everything.



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And I.



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We'll go on record and say that the hardest job in digital is to be



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an account manager in an affiliate program because you have to have



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the skills of an SEO, a paid media, Manager, a relationship builder, a



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influencer or social media manager.



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You need to understand all the different social platforms and how they work.



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You need to be able to look outside of web, mobile, and start looking



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at things like chat and telegram and all of these other places.



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And so as a practitioner, you're probably one of the most experienced people.



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And with all of that fragmentation and different terminology that companies



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adopt internally within their cultural.



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Like tone of voice, it has become super fragmented.



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Like there isn't even a standardized title for an Affiliate Account Manager.



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Like you can see Head of Partnerships, Head of Growth, Affiliate Account



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Executive, Affiliate Account Manager, Affiliate Head of Affiliate



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Accounting, like there's so many different words and names and phrases



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for what you do, it makes LinkedIn very difficult to find people.



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Like if everybody had the same job title, it would be easy, right?



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I think it's just, it's the nature of the beast and it's, it's the way



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that the industry has grown so fast and so fragmented and everybody's



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just adopted their own colloquialisms, um, that it's become complex.



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And what we need to do as an industry is rein it back and go, what is this job?



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What is this title?



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What is the kind of, Function that's associated with that title because it does



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actually also impact career development.



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if you're starting out as a junior account manager, account exec, what are the



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steps to grow forward and what are the sideways moves that you can make after



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coming in through affiliate as well?



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Um, and there are many.



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So if you are here and you're listening to this, there are



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many, many ways that you can grow



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your career.



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So if you've got questions about that, you can ask me.



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So one of the, one of the challenges I've always found with job titles



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is, is I always used to say to people when, when I employed people in my



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original paid search agency, which, which morphed into becoming an affiliate



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network, we had a lot of people that work for us and they were like, well,



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what's my job title going to be?



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And I'm like, well, really your job title is going to be whatever you want it to be.



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Right.



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Your job expectations will be whatever the job entails.



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Again, there's so many kind of.



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Components to it.



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So I think one of the challenges I found when I certainly when I was



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running my affiliate network is when you're working with affiliates, and I



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mean, I know you did a show recently with, Harrison and Adam from Ringba,



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Yeah.



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I've heard



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the offer,



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Yeah, that was fun.



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I watched out thought this is a



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wacky interview, But, but again, I love that, that, um,



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that's their vibe



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got



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with the shorts and the seat again.



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I don't



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really think you should be seeing podcasters feet, but



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Yeah.



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Works for them.



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so, so Harrison used to be one of



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our affiliates way, way back.



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So again, you've h you've.



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Everyone's heard the story of, he started when he was like



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really super, super young.



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I don't know if he was like 13, 14, But he had a black Amex card, And



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he was more proud of being a Google Ads qualified person than he was of



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having a black Amex and traveling first class and booking himself into hotels.



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But he was a really good affiliate.



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But I think one of the challenges when, when you have, Uh, affiliate



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managers working in your affiliate network, And they see the sort



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of money that the affiliates are earning, There's this temptation



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for them to go, maybe I can do that.



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Maybe I can make.



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50 grand, 100 grand a month,



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Half a million a month.



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we had some, some crazy payouts to affiliates that we were working



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with, How do you keep people kind of on the job at hand when they see



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this kind of Shiny object syndrome going on behind the scenes, if you



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So I recruit really well.



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I recruit, and this has taken me years to kind of identify the raw traits that



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make a good affiliate account manager.



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And.



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Let me tell you now, if you think that you can go out there and make



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millions, and, you know, be, be like, Harrison is, like, he's 0.



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001 percent of the industry.



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Like, let's just set the record straight.



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There are some extremely intelligent, successful affiliates out there that



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know what they know, and they've spent years honing their craft.



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So if you're an affiliate account manager and you're looking on the other side of



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the fence, believe me, it's not that easy.



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If it was, I would have done it years ago.



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Haven't ever been an affiliate, okay, in 25 years.



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It is damn hard.



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Um, so really, I think you need to know yourself and you



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need to know your strengths.



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and you need to know what is your future plan.



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Like, if you're coming into this industry, you need to have goals and



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you need to have incremental growth and you need to understand where



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you want to be one day in future.



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And if you, if you need help with that, you can talk to anybody in the industry.



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They'll mentor you.



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You can contact me if you're an affiliate manager and I'll tell you my story.



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I went from affiliate account manager to CMO to like vice president of



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business development and marketing, and then left and started my own



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business and became an entrepreneur.



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there's so many different ways that you can grow your career and that you



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can move forward, but know who you are first and know what you're good at.



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And if you're really, really good at something, stick to what you're good



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at and build a career around that.



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And that's what I've done.



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I'm really good at building relationships with people and I'm really good at



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explaining complex things in a simple way.



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Simple manner.



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And so I've used those skills in order to grow my career in the areas that I enjoy.



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Because you might look at that shiny picture and go, wow, living the dream.



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I'm working here.



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I'm working there.



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I'm doing everything else, but it is very hard and it is very



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stressful running your own business.



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So if, if you think being an entrepreneur is for you, I would say, take the leap.



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But if you think, maybe I don't have the skills, All the nuts and bolts that



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make a really successful entrepreneur, then stay on the side that you're on



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and keep developing your career and your skillset.



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I mean, I know that



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the, the topic of DEI is on everyone's kind of minds and thoughts and everything.



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Again, I, I've, I grew up in Hong Kong, so I've never even thought of, diversity



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as kind of like a, I think I mean, really, I was the minority in Hong Kong, right.



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And clearly, that's not the case.



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Now I'm here in the UK.



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Again, I've got, stepdaughters that work in the industry have done for donkey's



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years, So again, I've never ever thought of the whole, equality side of things.



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It's always been I've always paid as well as I can, right.



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you know, regardless of whether somebody's like a woman or a man, it doesn't matter



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to me, the kind of most important thing is, are they capable of doing the job?



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Where do you think we are as an industry?



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Because I mean, you're, you're a, a, a, a staunch fan of, you know,



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as, as am I, even though I'm a man supporting a women's initiative, right?



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And I'm, again, I'm fully supportive of any woman that, that runs a



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business in addition to obviously a family and everything else.



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I know how hard it is from, from my perspective, to kind of like



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try to be involved in the family.



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where do you think we are as an industry in that respect



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I think we've come a long way.



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I think we've come a very long way because back in the day when I was



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joining the industry, women were few and far between, but it was because this



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industry was traditionally like a sales and business development and sales role.



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And that has traditionally always been a man's, Kind of domain, so, um,



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20 odd years ago, I mean, you know, I don't know what the average age



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of your audience is, but like, the world was a very different place back



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then when we, when we first started.



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So there is still very few female, like senior female CEOs I mean, a



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lot of the big agencies are run by like really successful female CEOs.



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Um, but I think that we've come a very long way and I think that the



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equality is, to my mind, what I see, and I can only judge it by the events



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that I go to and how many people are in the room, it seems to be quite



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equal compared to other industries.



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Um, and I'm happy to see that because it is a career that



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you can have with a family.



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It is a career that, that you can have flexible working if you find



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the right companies that offer that.



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I mean, I know of some networks that even work four day work weeks now.



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Um, so, you know, there's the, the internet allows you to work



Speaker:

remotely, to work flexible hours.



Speaker:

to be online at different times in the world.



Speaker:

And, you know, I think that we've leveraged that.



Speaker:

So I'm, I'm quite happy with what I'm seeing.



Speaker:

Um, you know, there's always room for improvement, but you know, I think



Speaker:

we've come a long way as, as a, as an industry and we're very aware



Speaker:

of it in our industry compared to others, I think.



Speaker:

Yeah.



Speaker:

I mean, like, like I said, I think the, um, we, we just need to kind



Speaker:

of be constantly aware of it.



Speaker:

I don't, I don't think people should just be paying lip service to it.



Speaker:

It's something you should be thinking about all the time,



Speaker:

Always think in that regard.



Speaker:

I mean, again, you're an event organizer,



Speaker:

And I'm speaking at your event in September, which I'm, I'm absolutely



Speaker:

delighted to be able to do.



Speaker:

Do you want to tell us a little bit about that



Speaker:

Yeah, so, um, it's the first time that we're actually going to run an in person



Speaker:

event because we've never done it before.



Speaker:

But we get about 2, 000 people coming to our virtual events and the reason why



Speaker:

I'm running it in person in London in September is because it's right about the



Speaker:

time when people start planning for 2025.



Speaker:

So, So it's really good, good timing, but also we're running



Speaker:

it for small, medium advertisers.



Speaker:

So, you know, the guys that don't get to go to some of the bigger industry



Speaker:

events, they maybe don't have budgets to go to those events, but they



Speaker:

also want to learn what's changing.



Speaker:

And this year, particularly the theme behind Elevate, obviously



Speaker:

the word Elevate is kind of grow.



Speaker:

Um, but the theme behind it is how do you figure out?



Speaker:

What's going to happen in 2025 when cookies finally deprecate?



Speaker:

Because a lot of these smaller advertisers, these Shopify, stores,



Speaker:

storefronts, they're all relying on kind of Facebook Ads and retargeting.



Speaker:

And if they can't retarget on third party cookies, how are they



Speaker:

going to grow their business?



Speaker:

And where are they going to spend their budget?



Speaker:

So we really want to bring people together to understand what the next step is.



Speaker:

How do they diversify from all of these channels that have been



Speaker:

easy to to gain access to and to grow their businesses from.



Speaker:

And what strategies do they need to be putting in place?



Speaker:

And so we're holding it, um, in conjunction with Lead Generation World.



Speaker:

So, um, they're coming from the U S to, to, uh, to the UK to support it.



Speaker:

Um, and we've got some amazing speakers.



Speaker:

I mean, yourself included, but really we've got like some really,



Speaker:

I don't know if I can say this, but shit hot, like, Practitioners



Speaker:

that know their stuff.



Speaker:

want.



Speaker:

Yeah.



Speaker:

Um, and they really are there to come and teach like the whole premise of, of



Speaker:

everybody that I've asked to come to this event and, and to be there in person on



Speaker:

the day is to teach the nuts and bolts of what you need to do to grow your business.



Speaker:

So if you're a small advertiser.



Speaker:

You're maybe running your business in house with three to four delegates



Speaker:

or people, like one of them being a marketer, like get that marketer



Speaker:

to this event, because one, they're going to get knowledge about what's



Speaker:

happening and the changes that are coming in 2025 and where and how to



Speaker:

diversify their marketing budgets.



Speaker:

They're going to get.



Speaker:

a chance to speak to industry experts that have been around for, you know, two



Speaker:

decades who can help them to navigate the changes that are coming ahead and



Speaker:

really just give them the support so that they don't need to be fearful



Speaker:

because a lot of people are fearful.



Speaker:

How am I going to keep my job?



Speaker:

How am I going to keep my business running?



Speaker:

Am I going to be able to grow against some of the bigger brands that have



Speaker:

got massive budgets and in house teams?



Speaker:

And the answer to all of that is yes, but get yourself organized



Speaker:

and get yourself into the room.



Speaker:

So that you can talk to these people and actually get the advice that you need.



Speaker:

So again, everything that we do tracks back to helping the world



Speaker:

do affiliate marketing better.



Speaker:

If you want to do affiliate marketing better next year, come to this conference



Speaker:

and actually learn from the people that are contributing their time, their



Speaker:

knowledge, their years of experience, and helping brands to actually grow.



Speaker:

Um, so it's, you know, this, it's not just for advertisers, obviously, it's,



Speaker:

it's for agencies for, and a, and a lot of agencies are talking to me right



Speaker:

now about how do they actually increase their revenue by doing performance.



Speaker:

So if you are a paid agency or an SEO agency, and you're thinking about doing



Speaker:

performance management for some of your clients as an existing revenue stream,



Speaker:

Get to this conference because you're going to get to find out the nuts and



Speaker:

bolts of what, what you need to know.



Speaker:

You might even be able to educate your people as, you know, post



Speaker:

event, and you might come away with some really great ideas of how to



Speaker:

monetize your business and actually get extra revenue streams in there.



Speaker:

So agencies, networks, brands, publishers, we've got some really



Speaker:

great publishers signed up already.



Speaker:

They're all coming to learn from the people that we're bringing together.



Speaker:

And I'm very, You'll know me.



Speaker:

I mean, you do know me.



Speaker:

I'm very, very like cutthroat about content.



Speaker:

Like the content that we put out has to be educational, practical,



Speaker:

tactical, and none of the fluff.



Speaker:

Like I want to, when I leave this conference, I want to know I have



Speaker:

to spend here, here, and here.



Speaker:

I need to get this kind of agency in to help me with X, Y, Z.



Speaker:

I've got these resources.



Speaker:

Um, you know, positions that I'm going to need to fill and I've got a tactical plan



Speaker:

about how I can move my business forward.



Speaker:

So it's all about the



Speaker:

nuts and bolts.



Speaker:

Like that's really what we're doing at Elevate this year.



Speaker:

I'm really excited to, um, to take myself back on stage.



Speaker:

at one point in time, I spoke at lots of conferences and then I didn't take a, it



Speaker:

wasn't a sort of like a forced sabbatical.



Speaker:

I just took myself off the stage because I kept saying I was too



Speaker:

white, too old and too male.



Speaker:

Uh, I just wanted to give more people an opportunity to get on stage, but



Speaker:

I realized that there's still things that I'm, things that I know things



Speaker:

that I'm doing that have not been talked about because people are not



Speaker:

doing the things that I'm doing.



Speaker:

And I've, again, I don't want to, to kind of eventually get to



Speaker:

the point where I stop working and leave the knowledge behind.



Speaker:

I'd like to leave the knowledge so that people can can continue the industry.



Speaker:

Again, I'm, I'm like you.



Speaker:

I'm.



Speaker:

Super passionate about ensuring that our industry continues to evolve



Speaker:

and grow, It's grown pretty well.



Speaker:

When I first started, there was less than a thousand people in



Speaker:

the whole of the UK that probably did digital marketing, right?



Speaker:

I think recently, um, I heard that there's over a million people in the



Speaker:

UK that are doing digital marketing and far more than that in, in, in,



Speaker:

Other parts



Speaker:

The world, right?



Speaker:

so it's become a huge industry.



Speaker:

It's very much in demand.



Speaker:

A lot of people are switching from, maybe an industry that



Speaker:

they've been in for a long time.



Speaker:

I mean, I started in financial services, um, and I made good money,



Speaker:

but I hated the job, It was just, it just drowned me with just dread.



Speaker:

I hated every second of that last few years of being in it.



Speaker:

And then when I got into this industry, It was so refreshing, new, challenging.



Speaker:

It was a goldmine, an opportunity.



Speaker:

and again, even 25 years later, it's still that, I still think



Speaker:

there are massive opportunities because it keeps reinventing itself.



Speaker:

Something new will come along again at the moment.



Speaker:

I think pay per call is a huge opportunity,



Speaker:

here in the UK.



Speaker:

I



Speaker:

Massive.



Speaker:

it's gonna, it's gonna hit our shores.



Speaker:

We're probably like five years behind the U S in terms of pay per call, but



Speaker:

if you think about how we are going to have to capture data and all of the



Speaker:

things that are happening with consent, especially here in Europe, pay per



Speaker:

call is the next evolution, I think.



Speaker:

And in actual fact, the next is going to be at our, at our event,



Speaker:

they're a sponsor of our event.



Speaker:

And.



Speaker:

We need to educate people on how to leverage all of these



Speaker:

ways to find first party data.



Speaker:

The theme of Elevate is where lead gen and performance will finally



Speaker:

collide, because we have kept lead generation separate to performance



Speaker:

or to affiliate marketing, because we thought it was a different channel.



Speaker:

And remember, I don't believe that there's a channel anymore.



Speaker:

There's no digital channel called affiliate.



Speaker:

It's now a payment mechanism.



Speaker:

Like, if you're paying on CPA or you're paying on revenue



Speaker:

share, that is performance.



Speaker:

It's paid on performance.



Speaker:

And so, you should, you know, pay per call is just yet another string to your bow



Speaker:

of social, paid, you know, pay per call.



Speaker:

content, all the rest of the stuff that you work with and



Speaker:

partnerships and everything else.



Speaker:

And we need to get ahead of that stuff and learn how to leverage it



Speaker:

because the times they are changing.



Speaker:

And you and I know this, and we're comfortable with the changes that are



Speaker:

coming because we've been through multiple iterations of it before in our history.



Speaker:

But new people coming into the industry don't have access to that history.



Speaker:

They don't have access to the times when we had to work through



Speaker:

recessions and had to learn new things.



Speaker:

They don't have time, access to when, um, social media channels launched and



Speaker:

everybody was like, What the heck is this?



Speaker:

How do we integrate it into our program strategy?



Speaker:

What, now you've got huge influencer networks that you're working with and



Speaker:

it's like par for the course every day.



Speaker:

But we're heading into this new, this next changeover again in



Speaker:

2025 when cookies deprecate.



Speaker:

And the way that consumers are, Searching for products on the internet



Speaker:

means that your strategies have to change and the channels that you're



Speaker:

using might have to change and you might have to implement new technology.



Speaker:

And that's what Elevate is all about.



Speaker:

It's about understanding what



Speaker:

is coming and what's changing and learning from people that have gone before you.



Speaker:

Yeah, it's interesting.



Speaker:

You talked about influencer marketing.



Speaker:

it was really quite interesting because I remember way back in probably



Speaker:

2006 or seven, something like that.



Speaker:

Like the first sort of idea of influencer marketing came out, I think I was



Speaker:

working with a company, and we got Kim Kardashian at the time, because she



Speaker:

wasn't that well known as she is now.



Speaker:

But we got her to endorse and put out some, some posts about a lip gloss.



Speaker:

And again, we paid a ton of money for the product.



Speaker:

privilege of putting the ads out, right?



Speaker:

And, you couldn't track it 100%, But we reckon that there was probably like a 10x



Speaker:

uplift in the value of what she delivered in sales, incremental sales, based



Speaker:

on the points that she put out there.



Speaker:

I think the challenge became that there was this, you know, influencers



Speaker:

were great for a period of time.



Speaker:

Now, all of a sudden, the influencers are becoming the brands, They're



Speaker:

the ones that they don't, they go, I don't need to go and work with.



Speaker:

you and you pay me a commission on whatever, I can just have the brand,



Speaker:

And you know, if you look at sort of the Paul brothers with their, their



Speaker:

kind of, uh, their energy drinks, and there's so many people that have got



Speaker:

their own products now, So they've almost like cut that piece of the puzzle



Speaker:

out of the equation altogether, right?



Speaker:

And again, I think that's going to continue to evolve and change,



Speaker:

But that doesn't mean that there isn't still an opportunity to do



Speaker:

collaborations with people that fit.



Speaker:

nicely with the audience that you have, For, for that purpose, For, for the



Speaker:

purposes of, trying to get their influence to rub off onto to your customer base.



Speaker:

I mean, if I look at the way that I've



Speaker:

Like everything that we've done has always been about putting the customer



Speaker:

at the heart of what we do, so helping the world do affiliate marketing better.



Speaker:

So everything that we do has to help whoever is coming, listening, tuning



Speaker:

in, subscribing, whatever it is, has to help them do affiliate marketing better.



Speaker:

And if you think about the future, the next evolution of what we do.



Speaker:

How brands need to be engaging with their consumers and also the next generation.



Speaker:

So Gen X, they're not the same as millennials.



Speaker:

they use the internet differently, community based marketing.



Speaker:

Okay.



Speaker:

It's going to become one of the most powerful marketing methods that you have.



Speaker:

And even to this day, word of mouth marketing is still



Speaker:

the best form of advertising.



Speaker:

Okay.



Speaker:

So how do you leverage all of these influences, these content creators,



Speaker:

and work with them in a capacity that is unique and individual to them?



Speaker:

The one size fits all affiliate program is like long gone, like anybody that's



Speaker:

paying a standard CPA or standard revenue share and expecting every affiliate in the



Speaker:

world to conform to that, you are sorely misguided if you think that your program



Speaker:

is going to scale, because it cannot.



Speaker:

So finding tech solutions, finding different ways of collaborating with



Speaker:

partners, and This industry is still very much built on relationships, like



Speaker:

I can't force you to do something.



Speaker:

I have to build a relationship with you and make you trust me,



Speaker:

and then you can actually promote my product and look at things.



Speaker:

So we have to flip everything on its head.



Speaker:

It's not about he who pays the most gets the most affiliates anymore,



Speaker:

because affiliates are wise to that.



Speaker:

They don't want to work with brands that they don't identify with, brands



Speaker:

that don't treat them like an extension of their business, brands that treat



Speaker:

them like suppliers and just like Pay them at the end of the month.



Speaker:

Like they're too busy for that.



Speaker:

They're building a brand themselves.



Speaker:

So really thinking about what your future strategy is.



Speaker:

And again, reason why we're running Elevate is getting you to the table



Speaker:

to actually have these conversations with people that have gone before you



Speaker:

and people that can advise you about how things are changing because they



Speaker:

know what has happened in the past.



Speaker:

And it's almost like being a.



Speaker:

Like a trader, how to read the market and you know, when things happen, how



Speaker:

that impacts of what the leverage is going to be three months down the line,



Speaker:

because you've got the past history.



Speaker:

And that's the bit that we're trying to share that isn't written down in books.



Speaker:

It's not.



Speaker:

It's not available anywhere online, it's only going to happen at this event because



Speaker:

we're curating all the people that need to be there to have this conversation.



Speaker:

So it's like a one time only drill, like if you don't get there, you're



Speaker:

not going to get the information.



Speaker:

Um, and I think hopefully it'll help people, it'll help people to get over



Speaker:

the fear because the fear can be really stopping you from actually innovating



Speaker:

and changing and doing new things.



Speaker:

But it can also help you to think about what your strategy is for moving forward.



Speaker:

Yeah, I think I mean, I've always kind of maintained that, if you're going to



Speaker:

hire somebody to help, you should be hiring them for their expertise, not



Speaker:

for utility, Just don't hire them as a kind of like a, I just need an agency.



Speaker:

I just want you to do all this stuff that I don't want to do.



Speaker:

You're hiring somebody for their expertise.



Speaker:

again, if you're running a program, like a program manager, like yourselves,



Speaker:

It's a case of you, you can bring expertise to the table, A different



Speaker:

view in terms of how you can acquire new sales, for their business that may



Speaker:

be outside of the kind of current scope of what they're doing as a business,



Speaker:

And again, you, if you work with people that are, you know, Email



Speaker:

marketers or PPC specialists or SEO specialists or chatbot specialists.



Speaker:

I mean, there's so many different ways people can drive traffic incrementally



Speaker:

to your brand, To help boost your sales, And some of those will be things that.



Speaker:

would be far more difficult and expensive for you to try and implement on your own.



Speaker:

It's much better to kind of part with somebody who is an expert



Speaker:

in that particular discipline and actually get them to be the person



Speaker:

that delivers that piece from it, So it's not cannibalizing anything that



Speaker:

you've got going on at the moment,



Speaker:

So again, I think it's usually there's the silos within the business.



Speaker:

There's usually a somebody that maybe runs their current PPCs.



Speaker:

threatened by the thought of other PPC people coming in to run traffic



Speaker:

to, for that particular program.



Speaker:

And I, I've always maintained if you're a brand, I'd rather have me and seven



Speaker:

of my affiliates promoting my product than Google choosing, you Me and seven



Speaker:

of my competitors, 'cause they're not gonna just leave the ad spaces blank.



Speaker:

They're gonna fill 'em up with other stuff.



Speaker:

And I would much rather the spaces were filled with my products and my



Speaker:

affiliates rather than somebody else's.



Speaker:

and any brands that kind of like run a program that, that, that do that, I



Speaker:

mean, that's where, that consultation with a program manager like, Lee-Ann



Speaker:

can actually explain why that's a beneficial strategy to employ.



Speaker:

Yeah, totally agree.



Speaker:

I mean, time for money and time for expertise, like the



Speaker:

two very different things.



Speaker:

Like we, we work with some clients where we just give them the insights.



Speaker:

We take a fresh look and I can't express the value that a fresh set of eyes



Speaker:

can have on looking over your program.



Speaker:

And it's not, It's simply because, as marketers, we get into blinker



Speaker:

mode, we do things that always work.



Speaker:

We want to continue the iteration of everything that we're doing.



Speaker:

And sometimes getting an outside perspective in can really open up your



Speaker:

eyes to thinking about things differently.



Speaker:

And that's another reason why I always tell people get out to every single



Speaker:

event that you can get to, whether it's online, virtual, in person, whatever.



Speaker:

Like if your budget can afford you to get to every single event, get to them



Speaker:

because it's not only the speakers that you're going to be learning from,



Speaker:

it's your industry peers as well.



Speaker:

Like everybody is going through the same journey you are.



Speaker:

They all have different perspectives of the entire



Speaker:

marketplace that we're working in and leverage all of those



Speaker:

conversations to learn.



Speaker:

Yeah.



Speaker:

As much, as much as you can learn



Speaker:

from.



Speaker:

online education, You gain so much more by actually being in person at an event.



Speaker:

Um, and again, I'm, I'm glad that we're, we're getting back



Speaker:

to some sort of normality.



Speaker:

Uh, funny enough talking about that.



Speaker:

Um, again, Lee-Ann and I were talking beforehand.



Speaker:

Um, we both went to the podcast show, but didn't actually meet.



Speaker:

had we known that we were going to be there, I'm pretty sure we could



Speaker:

have met up and had a drink and maybe grabbed a bite to eat or something.



Speaker:

But, uh, I, I was, Curious.



Speaker:

I mean, I had my own thoughts about that particular show.



Speaker:

I was curious to know what your thoughts were, uh, as a



Speaker:

more well established podcast.



Speaker:

I mean, my podcast is pretty new, but yours is far more established.



Speaker:

What did you



Speaker:

first of all, I didn't know that I had an established podcast because I just



Speaker:

assumed that we were ticking along tickety boo, like really nice, nice



Speaker:

little community that we've got there and some interesting people that come on.



Speaker:

But it turns out that we actually have something pretty big.



Speaker:

So the numbers in podcasting are way different to the numbers that



Speaker:

you'd expect in like web, okay?



Speaker:

So, you know, if you've got like, we have a quarter of a million



Speaker:

people downloading our podcasts.



Speaker:

Podcasts, which I thought was tiny if you think about Joe Rogan and Stephen Bartlett



Speaker:

and all of these big huge podcasters But apparently we're quite big And that's



Speaker:

great because it means that we're reaching lots of people and we're giving valuable



Speaker:

information again Everything that we do centered around the customer that that



Speaker:

we're trying to talk to um But it's not something that you, the podcast, isn't



Speaker:

something that you make money from.



Speaker:

It's something that you use to actually leverage and grow your brand and



Speaker:

build your audience around you, around what it is that you're trying to do.



Speaker:

So for me, it was interesting.



Speaker:

There was a lot of AI, a lot of tech there, which was also quite interesting.



Speaker:

Um, but a lot of people that also didn't really know what they were talking about.



Speaker:

So, um, seems to be, it's an industry that's, Fashionable, because there was



Speaker:

a lot of people there, but everybody, but fragmented, so very similar to how



Speaker:

affiliate marketing is and everybody's still trying to find their feet.



Speaker:

One thing I can say though, is that, um, it's quite easy.



Speaker:

to build your podcast listenership and ad revenues.



Speaker:

Cause I was, I was talking to some of the ad networks that were there.



Speaker:

Um, the, the value for money that you get off of podcasting and advertising



Speaker:

on podcasts is phenomenal because the retention rate of people listening



Speaker:

to what you're selling instead of visually, we're so like sight blind



Speaker:

now, because we've been bombarded for years with visual stuff, that audio



Speaker:

actually has a much like ROI rate.



Speaker:

So yeah, if you want to get your business seen and heard and you want



Speaker:

to get in front of practitioners that can use your tools, get yourself into



Speaker:

podcasts and, and advertise and sponsor them because it's very good value for



Speaker:

money compared to other digital channels.



Speaker:

And it's evergreen.



Speaker:

Yeah.



Speaker:

And I, and I thought it was quite interesting that,



Speaker:

that sort of, I think a lot of the events were sponsored by YouTube, right.



Speaker:

And again, I, I sat on, on some of the panels where people



Speaker:

were talking about, YouTube.



Speaker:

coming into podcasting.



Speaker:

they're replacing, say replacing their, using YouTube Music as being their



Speaker:

sort of podcast platform of choice.



Speaker:

Um, and I think there was somebody from YouTube there and they came up



Speaker:

with a really great, um, terminology.



Speaker:

I think it was eyes optional.



Speaker:

So in other words, Create a video, right, but it's got to stand on its



Speaker:

own as an audio only, So again, don't say, and what I'm showing you on here



Speaker:

is this, and what I'm showing you on here is that, because that won't fly if



Speaker:

somebody's just listening to the audio,



Speaker:

So it's got to be, the video will enhance it, Make it a better experience



Speaker:

for those people that watch video.



Speaker:

Right.



Speaker:

And it's, it's quite interesting.



Speaker:

I think that there was some stats that came out that basically said that Gen Z,



Speaker:

about 40 percent of them prefer to watch videos rather than listen to videos.



Speaker:

and I think it was like 50 percent of people watch a podcast episode.



Speaker:

on a TV, So again, so it's got to be, it's almost like you've got to think,



Speaker:

well, maybe in that case, instead of me just shooting on a phone or something



Speaker:

like that, maybe I need to kind of invest in higher quality audio and video,



Speaker:

because then that way, if somebody is watching it on a 85 inch TV, you don't



Speaker:

really want it to be like a 360p kind of grainy experience because that's



Speaker:

not really going to fly, again, I think that's probably where, you'd look at



Speaker:

the Joe Rogans and Stephen Bartlers.



Speaker:

They've kind of obviously



Speaker:

Well, they've got their own studios.



Speaker:

Yeah.



Speaker:

I mean,



Speaker:

on studios, but they've also gone heavy on, on kind of video as well.



Speaker:

because it helps to kind of really sort of put that, that



Speaker:

sort of a different feel on it.



Speaker:

I think, uh, I think Stephen Bartlett's, uh, editor was talking



Speaker:

about, they've gone from, uh, I think a million subscribers on YouTube.



Speaker:

They've now got six million on YouTube, And it's virtually every episode that



Speaker:

he puts out is a podcast, So it's almost like his, his entire presence on YouTube.



Speaker:

YouTube has become podcast related.



Speaker:

you mentioned about not making money.



Speaker:

I'm pretty sure he's probably not covering the overheads of the number of people



Speaker:

he's got running the business, But I'm pretty sure he's making decent money on



Speaker:

the back of, the stuff that he's doing.



Speaker:

And again, a lot of the advertising for his podcast is



Speaker:

actually embedded in the content,



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So it's almost like become the content is in the podcast rather than it being,



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the pre roll, mid roll, post roll, It's actually in embedded in there, And again,



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I think, the kind of the, there was a lot of conversations on at the podcast



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show about, whether host read is the best format for the ads to appear in, in the



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sponsorships to appear in, in podcasts.



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And again, I think a lot of it is, if you have a podcast host, they know



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their audience, So they know what what the ads should be like, and they



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shouldn't prostitute themselves by selling their soul by having sponsors



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on that aren't going to be a good fit for that particular audience,



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Because it'll switch the audience off pretty quickly, and they'll



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just bail off and go somewhere else.



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And consistency, like that's the one thing that we found has



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worked for us, is consistency.



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Consistency on the format, consistency on what you get when you listen to it.



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So tactical, practical advice, like everything that we've done has



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always been about, like if I'm going to have a conversation and we're a



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vertical agnostic, like as a business, we're vertical agnostic because



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affiliate marketing is like shoes.



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You can wear trainers, you can wear high heels, you can wear flip



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flops, you can, but it's still, fits on your foot, basically.



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So, so we don't like focus on any vertical, but even the verticals,



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and we've got like a 50 50 split of, you know, iGaming and non,



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non iGaming, everything else.



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Um, but even the iGaming episodes get as much downloads as the non iGaming



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episodes, because every single episode is always about learning something new,



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whether it's in your vertical or not.



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And so the perspectives of people that we interview is what's actually



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become interesting on our podcast.



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And.



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I suppose because the podcast is hosted by a practitioner.



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So I'm not just like a host.



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I'm not a content creator.



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I'm actually a practitioner.



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I know what questions to ask.



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Um, I suppose that's what makes it more interesting.



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So yeah, I think it's quality over quantity, basically, because



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we only do one podcast a week.



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Like every week we have a podcast.



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Um, and it's always somebody that I've either found or has contacted



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me that I think is interesting.



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And it's even people that are like totally off the radar that have never



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been to an affiliate event, but have like.



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25 million followers.



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Like, we did an amazing interview with Sharon Rechter, um, from First Media.



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And she, her PR company actually contacted us and, and said, you know,



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she'd like, love to get on your podcast.



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And I was like, well, who is she?



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I've never met this woman.



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25 years in to the industry.



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And she's just super phenomenal.



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So if you haven't listened to that podcast,



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sorry to listen to Jim's and then go listen to that one.



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Cause it was super



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interesting.



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Again, that's one thing that came across to me loud and clear at the podcast show



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is, it's the collaboration, it's being a guest on other people's podcasts, and



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you were very kind to invite me to be a guest on yours, um, and again, for



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me, it was a no brainer to kind of have you as a guest on mine, um, you know,



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and, yeah, I mean, like, for me, I've become a big podcast fan on the back of



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creating a podcast, and I, again, I've got so much more admiration for the people



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that, that, Make good podcasts, right?



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Because I know how hard it's been for me to try and get to that point.



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Right.



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And



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But keep doing it!



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Perseverance pays



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off.



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really, that's always been the kind of the mantra.



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I mean, my 25 years in digital marketing, I mean, when I first started buying



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traffic in a particular vertical or particular offer, right, sometimes I might



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lose a ton of money to begin with, but I'd eventually work out how to make it work.



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And Recoup the losses and then make a good profit, But equally, I think



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you can't rest on your laurels.



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You can't expect it to just be like that forever, There's usually



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a limited window of opportunity.



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You've got to try and capitalize on it and then learn from it and try and make



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sure that, when it does eventually start going south, that you're ready to pivot



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on to, to Try either, try some, some alternative method of traffic generation



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or whatever it might be, don't just sit there and let it just wilt on the vine.



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It'll just, it'll die eventually because that's just the



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natural evolution of things.



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I love that piece of advice for affiliate programs too.



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Like, if you take exactly that clip and apply it to your



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affiliate program, you'll probably,



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uh, inject some new life into it over the next couple of weeks.



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So it's



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Yeah, it is.



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It's just literally constantly



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keeping an eye on what's working great if it's working, but constantly



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looking for the next thing that's going to come to either complement



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that or replace it if if the kind of the original idea goes by the wayside.



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I did some gambling offers way back in the day, I woke up one day to find



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that Google had basically said, We're not taking gambling ads anymore.



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And I'm like, fuck, what the hell do I do now?



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I've got like a whole site that was generating a ton of money.



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And I'm thinking I do now.



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So basically I created a website, Because I was running, I think it was



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like Bingo and Tombola and I'd done some kind of audience analysis and it was



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primarily, Housewives sitting at home.



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with small children, children had gone to bed and they'd have a game of



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Tombola because it was good for them.



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They would go on and just play.



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And I was getting paid decent money for each, new player I got signed up.



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And I'm like, what do I do now?



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So I created a recipe site, and all the ads on there were for.



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But basically Tombola and Bingo, So I had banner ads all over the place, not,



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so outlandish that it became crazy.



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Like you've got on some of the sites



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Eyes splitting.



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It's horrible.



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Horrendous.



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but it



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was certainly enough to, give me decent numbers of impressions that I could



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then potentially try and monetize.



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And my keywords that I was buying, instead of buying, Tombola, Bingo,



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stuff like that, I was buying like.



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ham and cheese sandwich recipe



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Yeah.



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banana, avocado, onion, people would type in onion for me.



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And obviously the cost of that traffic was like pennies,



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the pound.



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Yeah.



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but, and I had to, I think I worked it out.



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I had to convert something like one in 6, 000 clicks into a paying



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customer to break even on my sort of.



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I think it was like 200 I was getting paid for a new player.



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I was buying traffic for 4 or 5 cents, Literally, I just had to convert,



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1 in 000 people to make profit, And then eventually Google said, we'll



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take money for ads again for gambling.



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And I'm like, okay, great.



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I don't need to have the recipe site now.



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Back to it,



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But it's,



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But that's the pivot.



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I mean, that's the pivot that needs to happen



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have just left it.



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I could have just left it and said, well, I'm not going to do gambling anymore.



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But there's always a way.



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There's always a way around a solution.



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And that's where, again, I think a good program manager can help find those



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solutions to problems that, you know, everyone else is struggling with, right?



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But there's always a solution.



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There's always a way to kind of get around it.



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Cool.



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But anyway, Lee-Ann, we, like I said, we could talk forever.



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And I'm sure when we, when we see each other in September, we will talk



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Mm hmm.



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And I'm so excited to come to the show.



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All of the



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answers, as I mentioned at the beginning.



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All of Lee-Ann's contact details and information is available in



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the show notes, which will be available when we post the episode.



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It only remains for me to say you've been a fantastic guest.



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I've loved having you on the show and look forward to seeing



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you at some point in time soon.



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Thank



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you so much for having me on Jo, but it's really nice to be on the other side of



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the mic for a change.



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And you know what?



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I mean, my, my podcast is called Bad Decisions with Jim Banks.



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I think this is one of the best decisions I've made having you on as a guest.



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It's been, been phenomenal.



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Thank you so much.



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Really appreciate it.




Jim Banks Profile Photo

Jim Banks

Podcast Host

Jim is the host of Bad Decisions with Jim Banks, the leading digital marketing podcast for aspiring digital marketers.

Lee-Ann Johnstone Profile Photo

Lee-Ann Johnstone

CEO

With over two decades of digital marketing and affiliate
program management experience earned within the E-
commerce/ Fintech / B2B SaaS and iGaming industry,
Lee-Ann Johnstone is an award winning affiliate and performance
marketer, the founder of chart topping Affiliate
Marketing Podcast and Affiverse, a performance
marketing agency & media business launched in 2019
in the United Kingdom. Visit her website: www.affiversemedia.com - or take a look at her agency at www.affiverseagency.com