Latest / Real Estate Investing with RealDealCrew / How Real Estate Coaches Turn CRM Data Into a Second Income Stream w/ Maeve Ferguson
Transcript
- 0:00With the development of AI, the knowledge economy has completely collapsed.
- 0:05Every framework,
- 0:06Every course, every ounce of expert IP has already been scraped by AI.
- 0:12So charging for knowledge alone doesn't work anymore.
- 0:15But there's one asset AI companies and financial institutions are paying fortunes for.
- 0:21And most real estate coaches, operators, and investor communities are sitting on it right now without knowing it.
- 0:28It's their CRM.
- 0:29In this episode, Maeve Ferguson breaks down how she turns a dead lead into a diagnostic engine.
- 0:36One that builds a second income stream, creates a data moat competitors can't copy, and hands you the actual behavioral data behind who buys and why.
- 0:49If you want to see how this applies to your business, head over to RealDealCrew.com.
- 0:55Let's get started.
- 1:01Maeve Ferguson joins me here today and you can learn what she can help you with by going to MaeveFergusonConsulting.com.
- 1:09I'm going to have that as a clickable link in the show notes.
- 1:12Maeve, this is going to be a kind of a unique conversation for my audience, but a really important one.
- 1:17So I'm going to kind of do something out of the ordinary and kind of give people kind of a level set here.
- 1:22So Maeve helps establish experts, turn their frameworks into diagnostic infrastructure that not only converts clients,
- 1:31but also creates proprietary data assets that can outlast the founder.
- 1:36Am I correct so far?
- 1:38is 100 % yep so DIADA is the real asset.
- 1:42So today we're exploring what that means for real estate brands, investor communities, educators and operators who want to build enterprise value instead of just more content.
- 1:52And I think that is the key thing there is the content thing because a lot of the people that listen to this show may have, they're almost apprehensive to have to get into some of
- 2:05this space.
- 2:07So really appreciate your time here today.
- 2:09Yeah, it's brilliant.
- 2:10Can't wait to dive into it.
- 2:12And yeah, it's just a different angle.
- 2:15So let's start things off at kind of a level set or high level for people.
- 2:22I just read off what sounds fairly complicated.
- 2:25Could you simplify what I just rattled off there?
- 2:28Yes, absolutely.
- 2:30in every single market, whether it's real estate or e-commerce or whatever it may be, we have people selling things and we people buying things.
- 2:38When we have that type of environment, we're always going to have to have lead generation systems.
- 2:43We always have to have a way to understand our market and what is going on inside of our market so that we can sell.
- 2:49And when we think about like normal, what people call funnels, which bring in leads into businesses and qualify leads and segment and all of that kind of good stuff.
- 3:00Those worked really well pre-AI.
- 3:03And I call it the great IP to P.
- 3:05transition where experts and their frameworks that you mentioned those are now completely commoditized they have no value anymore in their current format because every piece of
- 3:18publicly available information has already been scraped by AI it's already plugged into all of the models and what ends up happening is that experts and their frameworks now have
- 3:29where they used to be able to monetize this they used to be able to charge high-tech
- 3:33it just for their knowledge that is no longer the case.
- 3:37so what has happened is then everybody kind of ran to AI, so what I call the AI savior trap, they have jumped in and started pouring their IP into whistles and whatnots and then
- 3:48kind of flogging that for pennies on the dollar inside of you know custom GPT's or whatever they may be and now once again all of the knowledge industry has been
- 4:00commoditized.
- 4:00it is the value of that industry has been completely wiped to the floor.
- 4:05And then what has happened is that we also have this data demand curve where the AI companies, financial institutions are hungry and insatiable for proprietary first party
- 4:18data because they already have all of the publicly available data.
- 4:23But what they don't have is that proprietary first party data on the back end, the behaviors.
- 4:28and this is where we can kind of really think through the angle from the real estate perspective.
- 4:33They don't have the psychographic behavioral data, performance data, what's converting, what's not, who's buying, who's not and all of that kind of thing.
- 4:41And when we have this asset or this piece of infrastructure that we'll talk about today that allows you to gather all of that data, it creates a really highly monetizable asset
- 4:54inside of your company.
- 4:55income stream for sure but it also not only that it is also giving you so much data and insight into what's going on in the market and again with agentic AI and all of these
- 5:06things that we build inside of our company we can start to analyze trends and behaviors spot patterns all of those things and actually use the data to make better decisions
- 5:16better investment decisions going forward.
- 5:18So you kind of hit something kind of close to home on a couple things.
- 5:21I know and I've talked to a number of real estate coaches.
- 5:25And one of the things I've even seen a couple of them pivot hard because of the situation when it comes to commoditizing what they were teaching to the point where some have even
- 5:37stopped doing the in person training, they moved everything to a school community, a fraction of what they were charging before.
- 5:44But what I think you're bringing up is, is a bunch of assets that they are likely sitting on, you know, in one case, I know for a fact that they they pretty much abandoned their
- 5:58entire database of people and information.
- 6:02They had it all in a CRM Because now they kind of pivoted and now they're addressing a different market But what you're saying is that there's there's information to be mined
- 6:13out of there that could be potential gold mine
- 6:17Yeah, they're 100 % so your CRM is a source of gold, this is like a two tiered conversation, okay?
- 6:24So when we think about, let's pretend you have 100,000 leads in your list or 1,000 or whatever somebody's number may be, just have your own number in your head.
- 6:33What most experts are doing, what most business owners are doing is they are capturing a name, an email address, and maybe at a push of phone number and pushing some awful PDF
- 6:44thing out into the world that nobody reads, nobody understands.
- 6:47understands nobody opens or takes action on it.
- 6:49Okay.
- 6:50And that is basically what most.
- 6:52Yeah.
- 6:53I'd be just to get leads onto your list.
- 6:54have no qualitative data.
- 6:56They have no qualifying data in there on each of these prospects.
- 7:00And this is where the beauty of diagnostic assessments come in.
- 7:03Because if we look at some of our clients where there are thousands and thousands and thousands of leads going through the diagnostics that we build for them, not only do we
- 7:12have their, you know, their baseline,
- 7:14data like the basic stuff like gender, location, all of that kind of thing, name, email address, phone number.
- 7:21We also have hundreds of data points because of how they answered every question in the diagnostic, the behaviors, the patterns of how they answered the diagnostic.
- 7:32And also we build these routing engines into these diagnostic assessments that put the right message and the right offer in front of the right person at the right time.
- 7:41We also have all of those data points as to
- 7:44Who bought what?
- 7:46Did they buy your 150k thing or your 10k thing or your 2k thing?
- 7:51Did they buy nothing at all?
- 7:52How many days did it take them to purchase the first thing?
- 7:54How many days did it take them to ascend into the next thing?
- 7:57And what ends up happening is we're building these huge profiles against every single lead in the business.
- 8:05Now, a couple of years ago, I used to always, I'm writing a book on data.
- 8:09I've been well down this rabbit hole for a long time, you know, based on my background and things like that.
- 8:14But I was always coming at it from the angle of optimization of marketing and sales.
- 8:19So we build the diagnostic assessments.
- 8:21We analyze all of the data going through it.
- 8:25And then what we do in this advent of AI, we have an agentic AI division of our company where we build these AI agents that analyze all of those patterns of behavior and then
- 8:34feed it back up into the marketing department.
- 8:37So here's what Facebook ads are working.
- 8:39Here's which copywriter against the Facebook ads are having the
- 8:42through us.
- 8:42Here's the creative that is having the greatest through us, etc, etc.
- 8:45Okay, the whole way through from top of funnel, everything is tracked, monitored and reported upon, then analyzed and then fed back to the marketing team to do more and more
- 8:55of what's working and less and less of what's not.
- 8:57But that was actually this is what we've been doing for years, but it was actually really, really small thinking because it was just focusing on the marketing and the sales aspect
- 9:06of this.
- 9:06Whereas actually, if you look at what I call the data play from
- 9:10much broader scope.
- 9:12have hundreds and hundreds and hundreds of behavioral psychographic data on every single lead going through these things.
- 9:21and all of that performance data.
- 9:23Now, this is not Zillow where we're like flogging names and email addresses.
- 9:27OK, this is not that.
- 9:29When we package up, when we monetize the data, it's all anonymized.
- 9:33We are cross-referencing it with other data sources to enrich it, etc, etc.
- 9:38So it is
- 9:40you this asset inside of people CRMs they have it has a value for sure now but it is way way less than what it could be if they have a diagnostic assessment in place because
- 9:52there's so many data points against each lead it becomes a highly highly valuable asset that these AI companies the financial institutions are paying fortunes of money to get
- 10:02their hands on okay and then I often the next thing I always get from people is
- 10:07gosh, okay, well it's too late for me.
- 10:09I have a hundred thousand people on my list and I didn't have a diagnostic so all I have is names and email addresses.
- 10:15That doesn't matter because the way we build this is we actually bring it back to your existing list, back to your existing audience and siphon that entire audience through the
- 10:25new diagnostic.
- 10:26So it's like a brand new wave of people who have been given an insane amount of value through their customized follow-up report and the insights that they get.
- 10:35about themselves as they go through the diagnostic.
- 10:37But now this list of 100,000 people or 1,000 people, we actually drive them back through and now we've got that layered data point on every single lead, every single behaviour,
- 10:49the breakdown, gender, location, all the different, kind of the normal pieces of data that you really, really want.
- 10:55So you mentioned that the commoditize of the knowledge and stuff is just prevalent right now.
- 11:03But what I think is really interesting here is that some, and you kind of alluded to this, is that what you're talking about was typically reserved for the really big dogs, the
- 11:15really big players.
- 11:16This level of detail and assessment and data capturing.
- 11:22But with the use of expertise such as yourself and AI, this is really bringing some of these tools that were elusive to most of us down to our level.
- 11:33Yeah, exactly.
- 11:34And I think this is something I actually wrote about this in Substack last week.
- 11:38So something that's really interesting is that we have always built...
- 11:42or quiz funnels or assessments or multi-dimensional diagnostics, whatever we want to call them, we've always built them in SAS products.
- 11:49Okay, so we use an amazing platform called ScoreApp for many, many, of our diagnostic builds over the years.
- 11:55And what has actually happened now with AI, so that is amazing.
- 11:59You still get all the same data points, but what we always found was that where a thought leader or an expert had a really sophisticated IP that we, so say for example, one of our
- 12:10clients
- 12:10is a Harvard professor and number one New York Times bestselling author.
- 12:14Okay, so like the absolute creme de la creme of the world.
- 12:17The SAS product didn't actually allow easily for that IP to go into their diagnostic.
- 12:25So then what we have to do is like in the old days, like the bandages and stickers and workarounds and know, tack like bolt-ons to try to fit square pegs into round holes
- 12:36because we were confined
- 12:38to use in the SAS products and the custom diagnostics to your point where you have the Sally Hogshead of the world who spent millions and millions of dollars on her fascinating
- 12:48assessment because it was completely custom coded.
- 12:51Okay.
- 12:52But now what we're doing and for every single diagnostic now, we are building them all completely custom because now there is no real bit.
- 13:01We don't have to square peg around, you know, hold it.
- 13:04We can literally say what is the routing engine?
- 13:07we said to people, what do we know, what hidden parameters do we want to capture, what open, overt things do we want to capture.
- 13:13Every single piece of this machinery is now limitless.
- 13:18Every possibility is there because of the beauty of AI.
- 13:21And I think that data capture is obviously something to know how to do all of those things.
- 13:29But it is the ability to capture this data at scale.
- 13:34living in the most incredible chapter of the history of the world in my opinion.
- 13:39Mm hmm.
- 13:40Yeah, well, I've been doing some things as of late that are just would have been not even I wouldn't even considered possible.
- 13:49Just even a year or two ago.
- 13:52I mean, it's it's pretty crazy.
- 13:54Yeah.
- 13:56for us, I'm a big, big, big numbers person.
- 13:59I used to be an accountant, trained in big four consulting and all of that.
- 14:03Big, big numbers person.
- 14:04And we are now building these KPI dashboards across companies, analyzing every single piece of performance data and things that would have taken an army of people to pull
- 14:15together and Google Sheets in the good old days or Excel before that.
- 14:19is literally we're able to build these real time dashboards, these incredibly
- 14:24elegant state of the union about every single business that we're working for because we have this at our fingertips.
- 14:30there are days where I'm just like, I can't believe we just built that.
- 14:33Like, is this actually like what's available to us right now?
- 14:37It is.
- 14:37It's just knowing how to take advantage of it.
- 14:40And then from my point of view, it's like we've got to have the infrastructure right so that we have the data that we need at the back end, whether that's just for the marketing
- 14:49and sales piece like I talked
- 14:50about earlier or if it's for the big data play we have to have the infrastructure there to have that data in the first place.
- 14:59Well, we're going to kind of touch on some of this and we're going to maybe get a little nerdy for some people on some of the details.
- 15:04But just to remind everybody, it's Maeve Ferguson, you can learn more at Maeve Ferguson consulting.com.
- 15:11I'm going to have that as a clickable link in the show notes.
- 15:13Maeve, you also have a sub stack you kind of you go deeper into some of these topics, right?
- 15:18Yes, exactly.
- 15:19So I write a weekly sub stack and then I dive kind of deep into different angles about the knowledge economy collapse, the AI saviour trap, the data demand curve, and then what I
- 15:30call data funnels and how the data funnel is the last moat that we have left standing in this age of AI and how every single expert, every single business owner, doesn't matter if
- 15:42you're a service provider or an investor or a consultant or a coach or
- 15:47ecommerce it doesn't matter it's having this data funnel in place at your top of funnel inside of your company will completely transform the the legacy that we're able to leave
- 15:58behind the income that we're bringing into your business
- 16:02If you found some value in what we're chatting about so far, do us a favor, share this with one of your friends.
- 16:07If you're watching us on YouTube, give us a like and subscribe.
- 16:11I was going to go into some other topics on the data side, but I have to address what you just said.
- 16:18AI save your trap.
- 16:19What did you mean by that?
- 16:20Yeah, so I think what has happened with the knowledge economy collapse has already happened.
- 16:24Okay, so the floor has fallen out of that market.
- 16:27And I say this as somebody who I used to have the 10k group coaching program and the nine digital courses and the low ticket products with the bumps and the OTOs and all of that.
- 16:36So I had a really successful business doing that for a number of years.
- 16:39But as I mentioned at the top of the episode, the knowledge economy has collapsed and that is now valueless.
- 16:46Now, action is
- 16:48is the next piece to become valueless.
- 16:51We've probably got about 18 months to 24 months left in that space.
- 16:55And suddenly action is going to be the next piece that gets gobbled up by AI.
- 17:00So we've got to remain agile and have that view.
- 17:04think that is also coming.
- 17:06But what then happened, most people in the, as the knowledge economy collapsed, they off they skirted to AI.
- 17:14They fell into the trap of feeding their IP
- 17:18into the machine and then creating little products like you you saw like a load of people starting to sell custom GPTs for this and then skills for that and all of these things
- 17:28where they're they're productizing and charging you know pennies on the dollar for their IP for people to kind of self-serve but what has ended up happening is they fell into that
- 17:39trap now the machines have all of their IP and what I mean by that is like I go through quite regularly just
- 17:46more for fun than anything else.
- 17:48There's an amazing Australian guy I respect so much.
- 17:52He has been to quite a few of his workshops.
- 17:54He is phenomenal.
- 17:55His name is Simon Bowen and he teaches the models method.
- 17:58I'm big into frameworks and structure and all of that kind of thing.
- 18:01So just out of curiosity I was just like right let's go and build every single one of Simon Bowen's models for my company and I did it with Claude.
- 18:10And the output was pretty spectacular because it has been trained on all of his IP.
- 18:16It has scraped it, scoubled it up.
- 18:17that's he's just one example for every single other expert out there.
- 18:20If you put in your favorite advisor, your favorite investment strategies, whatever they may be for a real estate, exactly the same thing is going to come back.
- 18:30So so many people have fallen into the trap and now they're like, well, what do we do now?
- 18:36Yeah, I've done the same thing.
- 18:38have I have what I call my board of directors in AI right now.
- 18:41And I've trained it on the various people.
- 18:45Yeah, regarding their skill set, right.
- 18:47So I just like I can ask some of these people what I almost feel directly.
- 18:51It's like I'm chatting with with that individual.
- 18:54So I the the the trap that I've the trap that I've noticed is is people kind of just
- 19:01And we're probably maybe this is a trend or I'm hoping that we see it kind of subside a little bit is the blind adoption of some of these tools without one checking its work.
- 19:12I've seen that increasingly more and more.
- 19:15But then on the other side, what I call AI slop, you go into LinkedIn, Facebook, wherever and it's just bombarded with nonsense, just junk right now.
- 19:26100%.
- 19:27So again, it's like to me there is discernment, but I also love this chapter of the world that we're in because it is the survival of the fittest.
- 19:37piece I believe and the bottom end of the market will cease to exist.
- 19:40People say, nobody's buying right now.
- 19:42People are buying like crazy right now.
- 19:44So when you are at the right end of your market, when you are really good at what you do, you're going to survive and thrive.
- 19:52where you wear, people who wear like middle of the road or just about making it, they're just going to cease to exist in their current form and they'll probably go back and get a
- 20:02job or do whatever, do something else.
- 20:03Pivot or jump to a different niche or whatever it may be, but it's finding out a lot of people But I do think to your point it is it's harder and harder to stand out when you are
- 20:13Elated what you do because of the AI slops So the people who just aren't that good at what they do are able to up level to look decent look smart enough But then the people who are
- 20:25actually really good at what they do now look like they are a comparative and again back to this
- 20:30proprietary data assets, one of my points of view is that when we have these diagnostic assessments, it's a complete positioning play because your competitors don't have them.
- 20:40They have the rubbish PDF lead magnet with no value inside.
- 20:44Very, very few people have these really sophisticated diagnostics that position them as elite.
- 20:51And then it's not some crummy quiz funnel with like five questions in it.
- 20:55It's a real authority play where you're able
- 20:58to show, regardless of what's going on in AI, the sophistication of what you do, how it's so different, etc.
- 21:05So it's really, really powerful asset.
- 21:07Well, let's pivot to the real estate aspect of this.
- 21:10probably have worked with some real estate investors.
- 21:12Can you give people a practical, lean on your experience?
- 21:16What have people implemented as examples as to what we're talking about here?
- 21:21Yeah, so if we go into the consulting wing of real estate, example, OK, so that is a perfect example where you bake your framework into the diagnostic and then we're also
- 21:31asking those qualitative and quantitative questions so that we can hyper segment that list and know exactly what offer to place in front of the right people at the right time.
- 21:41But then what you can also do if you're more in the real estate world itself, the data as it relates
- 21:47to your, like let's talk about America, like so let's, as it relates to your particular state, as it relates to different towns within the state, different jurisdictions and so
- 21:57on and so forth, when we have people like buyers and sellers of homes going through diagnostics and it matching, you know, here's all the buyers coming through and then
- 22:08they're routed to the right property that matches all of their requirements, it just becomes a super sophisticated matching mechanism, but we're also
- 22:16gathering all of the data and the behavioral data, the psychographic data of every single person that goes through that diagnostic and also what they want to buy or not buy.
- 22:27And that asset in and of itself is highly, highly valuable to anybody that, marketing companies that are also selling to people who are buying homes or whatever.
- 22:36So it's like all of these side door industries as it relates to real estate will be interested in the
- 22:43data that came from any real estate diagnostic.
- 22:47So you're not only talking about taking advantage of it yourself, but possibly selling this as a data source to other companies
- 22:54100 % that's what we do inside of so we're very very lucky because we build diagnostics
- 23:01and we do the monetization of the data on the backend.
- 23:03So I get to geek out, do all that analysis, aggregate the data and anonymize it, all of those things.
- 23:09That's actually a product, that's an income stream in its own right.
- 23:14And they, I always say that the leads and clients are a given from the diagnostic that we build, and then we monetize the data on the backend.
- 23:21The big piece is, is that we have to have enough water flowing through the pipes for there to be data.
- 23:27And this is where we then get into marketing and traffic strategies and
- 23:31of those things.
- 23:32Sure.
- 23:32Well, there's a lot of science associated with that building, building out these assessments.
- 23:37Could you give people an idea of like, some low hanging fruit?
- 23:42You know, we have a tendency as entrepreneurs, especially now with AI, we think we're gonna work, we have this, we can figure this out ourselves.
- 23:51So they will just stand a throw spaghetti at the wall.
- 23:54What
- 23:55Let's give people a little direction like something that they can maybe implement today that could actually move the needle in some regard and maybe at least prepping for this
- 24:05type of conversation with your team.
- 24:07Yeah, lovely.
- 24:08Okay, so yeah, if I had a dollar for every time somebody's like, yeah, I tried a quiz that didn't work and it's used to be some sort of awful type form and now it's some sort of
- 24:16awful lovable quiz with like five questions.
- 24:18Okay.
- 24:18So the first thing you want to do is decide which type of diagnostic is most appropriate for your business.
- 24:24There's three main types.
- 24:25One end of the spectrum we have what's better known as the quiz funnel.
- 24:28So kind of seven to 10 questions.
- 24:30It's not an authority play.
- 24:32It's not a positioning piece, but it's more lead qualifier, list segment.
- 24:35We put people into buckets and we're able to write them to the right message in the right offer to the right person at the right time.
- 24:41So they work incredibly well.
- 24:43they are for like say as we talked about earlier this golf client they're spending a million dollars a month in ads that thing is printing leads.
- 24:50It's crazy.
- 24:51Okay.
- 24:51Way at the other end of the spectrum we have the multi-dimensional diagnostics.
- 24:55So if you've ever been through Myers-Briggs I'm INTJ or Enneagram I'm a three with a four wing.
- 25:01become a household name and globally people recognize the profile or the result that you got or the archetype that you were given.
- 25:10It just becomes the discs of the world, the enneagrams, the Myers-Briggs, the strength finders, all of that.
- 25:16It becomes a globally understood language.
- 25:19This is most appropriate for the Harvard professors, the number one New York Times bestselling author where we have statistically validated data.
- 25:27We have a thesis, we then prove our thesis and then we build the diagnostic off the back of that.
- 25:33OK, because we have our percentiles and all of our proven data points to be able to do that.
- 25:38But somewhere in between is where I see most in the expert space fall, where you would have real realtor's themselves, where you would have real estate advisors, coaches,
- 25:49consultants, investors, etc.
- 25:51is what's called a score based diagnostic.
- 25:53And this one more so acts like a
- 25:55gap analysis tool.
- 25:56So let's pretend you have four steps in your framework.
- 25:59We then ask a series of questions as it relates to the steps of your framework to identify over here you're doing really really well but ooh like here this is what needs work and
- 26:10then we obviously your offer is in position to solve their greatest area of struggle.
- 26:15So the copy that one person sees is completely different to what the next person sees and so on and so forth because of the
- 26:22their result.
- 26:23So that acts as a really really strong gap analysis and it's like here's where you are, here's where you want to be, to come you know come and work with me and we're going to get
- 26:32you get you there.
- 26:33Okay so that's that's kind of the three choices so kind of thing that's step number one is think through that.
- 26:38The next piece then is most people jump to okay what should my quiz be and they started the quiz hook and it's actually we want to do the complete opposite.
- 26:47The hook and the the question of the assessment
- 26:50will fall out of the process way down the road.
- 26:53What we actually want to do is begin with the end in mind.
- 26:56So we start with our offers, where are we sending people?
- 26:59What are the price points?
- 27:00Why are we sending them there?
- 27:01What is our offer portfolio structure?
- 27:03What life do we want to live?
- 27:04Do we even want to live this life anymore, etc.?
- 27:07So we begin with the offers and then we reverse out of those offers to then map the framework that we just talked about to the offers to make sure that there's really, really
- 27:16strong funnel congress.
- 27:18because we don't want to a framework about synchronised swimming and then offers about gardening.
- 27:22That's not going to sell a single thing.
- 27:24so it's like that congruence is really important.
- 27:26And then what we want to do in the score based example is to talk that through is you want to look at each of the four steps of your framework and then write what are the
- 27:36subcategories that go into each of those stages of the framework.
- 27:39And so we've got, you know, ABC in inside pillar number one.
- 27:43Then from there, I want you to think through what are the questions, this is super, super important.
- 27:48So what are the questions that we can ask that when the lead answers them in a certain way, it means that their result is X, Y or Z.
- 27:58Okay, it's really, really important.
- 28:00And you just simply go through that exercise, subcategory by subcategory by subcategory.
- 28:04So that's kind of the main showcasing your expertise, your understanding of your audience and where they are.
- 28:10a question build perspective and that's about half the story.
- 28:14So that's amazing and you get so many data points, know, just visualize somebody going through this assessment, they're answering questions as they go through, every single
- 28:23button they push is a data point that we can then capture.
- 28:26But that's about half the information we want from a data play perspective because we also want to know their gender, their age bracket, their all of these different things, their
- 28:39job title,
- 28:40what industry they're in and so on and so forth.
- 28:42So depending on the world that you're in and what those data points are needs to be decided and make sure it's appropriate.
- 28:49Now we don't want to end up with a 100 battery of questions assessment, okay just gets too long.
- 28:55So there's this dance that we have to do to make sure that we're gathering all the data points we want but it's also be mindful of that this is a top of funnel piece of
- 29:04infrastructure that we also want people to go through.
- 29:06complete.
- 29:07And then so this is again where all of the tools that we now have at our fingertips are so amazing because we can actually scrape invisible data points because we don't actually
- 29:16have to ask the lead to tell us we're able to set up all of these systems to scrape various different data points in the background that they don't know we are gathering so
- 29:27that we can build a fuller picture of every single lead and every single profile.
- 29:30And then as people go through this, then the fun starts.
- 29:33So it's like once you go live, it's day zero because then you can start to analyze all that data.
- 29:39Mm hmm.
- 29:41This is really interesting, Maeve.
- 29:44So I just want to kind of paint a picture here now.
- 29:47Imagine what Maeve is talking about here.
- 29:49And I know that this is really getting into the weeds on some things.
- 29:53the way she's painting this hyper local segmentation and and being able to categorize your audience, I think we're all
- 30:01you know, when it comes to whether it's face meta ads and YouTube, Google ads and all of this type of stuff.
- 30:08And you're just kind of bombarding your your visitors with ads and in hopes to generate some action.
- 30:16Imagine imagine the power you have now with this hyper segmentation where you can actually target specific type of ads that specifically answer their pain.
- 30:27Like that is what actually gonna drive and move the needle on stuff.
- 30:31Am I completely off on that, Maeve?
- 30:34No, it's a hundred percent, but this is what I was speaking to earlier when we used to just focus on the analysis of the data.
- 30:39from a marketing and sales perspective, but if you think about every single person that goes through your diagnostic, so let's say a thousand people go through it this month, we
- 30:47have audiences that are silently building in the background of people who have gone on to buy our, you know, 100K thing or whatever price point your thing is, and exactly how they
- 30:58behaved as they went through the diagnostic.
- 31:01So the answer question two, C, seven, D, and 11F means that they, at scale,
- 31:07of sufficient data we're like this is our perfect profile.
- 31:11We're then able to dynamically now, because of AI, we're able to dynamically craft, copy, create the creative that matches their exact profile and show the lookalike audiences and
- 31:23then showcase that back to these lookalike audiences that exactly match the profile of the people who have been proven to buy from us before.
- 31:32Yeah, so so you're leveraging the power of these networks.
- 31:35That's that's their superpower is doing these lookalikes and and and the like it
- 31:41Yeah.
- 31:41So you can tell them, but what most people are missing is they, they have a list of buyers, name, email, address, and phone number buyers go and find me more people that look
- 31:49like this.
- 31:50When we start getting a hundred data points at every single person and again, exclusion audiences.
- 31:56Okay.
- 31:56So here are all the people that we don't want to serve our ads up to build exclusion audiences.
- 32:02And it is over time.
- 32:03It just becomes like a self-optimizing flywheel that just, it just learns and it gets smarter and smarter with agentic AI now.
- 32:10it actually does get smarter.
- 32:12So ultimately what's happening, like, and again, in AI, like media buying as an industry is going to be completely floored, completely disrupted because all of these tools, we no
- 32:23longer need that particular skill set where they used to manually go through and change stuff.
- 32:27Now the agents never have off days.
- 32:30They never get it wrong because they're conforming to your rule book.
- 32:33And as long as you are, have the discernment to be able to
- 32:36put that guidance into the machine in the first place, so we have to say rubbish in rubbish out, get the good instructions into the machine in the first place, it just
- 32:45becomes self-optimizing over time.
- 32:47And I completely understand it if you're listening to this and are completely overwhelmed with the detail and what goes into this.
- 32:56That's why you need to reach out to Maeve and her team.
- 33:00Head over to MaeveFergusonConsulting.com.
- 33:03Clickable link in the show notes.
- 33:06You know, we just scratched the tip of the iceberg on this, Maeve.
- 33:09Is there anything else we should have tried to hit on here?
- 33:11I think it is just the, like, banging on about the data again.
- 33:15think it's my wish for your listeners today is that they have that kind of penny drop moment.
- 33:21data, proprietary first party data is the moat.
- 33:24And it doesn't have to be with me.
- 33:26doesn't have anything like that.
- 33:27But it's like, get yourself proprietary first party data.
- 33:31Start the, if you wait until tomorrow, you've already lost today's worth of proprietary first party data.
- 33:36The build and how I've taken you through that, it might sound overwhelming, but it's actually a very, very methodical step by step, repeatable process.
- 33:47We've done this hundreds and hundreds of times.
- 33:49Know what to watch out for, all of those things.
- 33:51So it's just,
- 33:52It's just do it methodically, think through the data points that matter to you from a marketing and sales perspective.
- 34:00And then if the data play and building that moat and that extra income stream in your company is important, then yeah, reach out and we'll have a chat.
- 34:08Well, I'm going to have that all as clickable links in the show notes.
- 34:12I really appreciate your time here.
- 34:13We're going to jump into the rapid fire and close out this episode.
- 34:16but, I really appreciate it.
- 34:18you can learn more again at Maeve Ferguson consulting.com.
- 34:22I'm going to have the link links to the, the sub stack.
- 34:26But if you're ready, Maeve, we'll jump into the rapid fire and close out this episode.
- 34:30Okay, let's see the eye path.
- 34:31Let's go.
- 34:32What lie do entrepreneurs often tell themselves?
- 34:35like my goodness
- 34:36They make decisions about what is or is not working on their business based on feeling and emotion, not data.
- 34:44I can't agree more.
- 34:45In fact, you know, we as entrepreneurs or business owners, we, we think we're just so stoic and we can, we're making infer we're making just logical decisions, but that's
- 34:57typically not the case.
- 34:59everybody goes and changes their offer and it's never your offer.
- 35:03It's never the offer.
- 35:05Yeah, that sounds very Russell Brunson.
- 35:07to change the offer.
- 35:09No, I think I've heard him say something about it's never the offer.
- 35:13It's never the offer.
- 35:14But anyway.
- 35:15right, OK.
- 35:16To me, it's like the, I always call it the leaky hole in your bucket.
- 35:20The data will tell you where the leaky hole in your bucket is.
- 35:23Yeah, and we should take take that advice.
- 35:27It's like there's there's certain things we're just convinced that this is the direction I need to go.
- 35:34It's it's like I think there might be something about some gurus will even tell you pick your niche, stick to your niche.
- 35:41But if the data is telling you something different, maybe you should maybe you should listen to it.
- 35:46Dada never lies.
- 35:47If you go back in time and give your younger self one piece of advice, what would it be?
- 35:51Feel faster and don't worry about...
- 35:57so much about what others think in your early chapters I think.
- 36:02I've been doing this for seven years now, came from a senior role in corporate, worked in the private equity industry etc and probably if I look back now the first three to four
- 36:12years of my business were built and run through the lens of my god what are those people going to think of what I'm doing now and I now I don't give a monkeys because I'm
- 36:22absolutely flying and it's
- 36:23I wish I could go back and tell myself then to just go get it and who cares what anybody thinks.
- 36:30Do you have a book recommendation or what are you reading right now?
- 36:32I am really looking forward to reading his book Return to Real.
- 36:42I'm just going to flick up my audible to if I've got one more recommendation.
- 36:46I have very young children so me and book reading is no longer a suitable thing because they just get ripped.
- 36:52I'm actually reading a book called The Inner Matrix by Joey Klein.
- 36:56It's worth a
- 36:57what single tool or process have you implemented that has had the biggest time-saving impact?
- 37:02plot skills.
- 37:03Yeah, cloud skills.
- 37:05Well.
- 37:06single moving part of your business.
- 37:08Well, I appreciate it Maeve one last time it is Maeve Ferguson consulting.com clickable link in the show notes.
- 37:15Hope you'll consider coming back again real soon.
- 37:17This was great.
- 37:19This was so much fun.
- 37:20Thank you so much for having me.
- 37:21Well, thank you.