In short
Podcast Episode Notes: Marketing School - Episode #2849
Episode Overview In this episode of Marketing School, Eric Siu and Neil Patel discuss the disconnect between attention and revenue, the global nature of modern marketing, innovative SEO strategies such as parasite partnerships, and the backlink strategy employed by Exploding Topics.
Key Themes
- Attention vs. Revenue: Gaining attention does not guarantee financial success.
- Global Marketing Trends: Marketing is transitioning into a global-first approach.
- Parasite Partnerships: Leveraging high domain authority for SEO gains.
- Exploding Topics Strategy: Use of statistics and trends for backlinks and traffic growth.
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Time-Stamped Highlights
00:00 - Attention Doesn’t Move Sales
- Studies indicate that high attention (e.g., social media followers) does not directly correlate with increased revenue.
- Example: Viral content does not always translate into sales.
06:16 - Global Marketing Landscape
- Marketing has shifted from regional focus to a global-first approach.
- Entrepreneurs now seek to scale their businesses internationally from day one.
11:58 - Parasite Partnerships
- Definition: A strategy where businesses partner with sites of high domain authority to leverage their SEO benefits.
- Example: Forbes utilizing affiliate pages for high-paying keywords.
14:28 - Exploding Topics Backlink Strategy
- Discussion of Brian Dean's approach to gaining backlinks through statistics and trends.
- Key insight: Increased traffic does not always lead to proportional revenue growth.
17:03 - Conclusion and Call to Action
- Encouragement to subscribe and engage with additional marketing content.
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Detailed Insights
Attention vs. Revenue
- Key Argument: High engagement or virality does not always convert to revenue.
- Case Studies:
- Viral posts led to attention but little to no revenue generation.
- Importance of focusing on content that aligns with business goals, rather than purely viral potential.
Global Marketing
- Modern Approach: Businesses are targeting global markets, using technology to connect with customers worldwide.
- SEO Strategies:
- Use of hreflang tags to target different languages and regions.
- Importance of localization and adapting marketing strategies.
Parasite Partnerships
- Strategy Overview: Partnering with reputable sites to publish content that benefits from their authority.
- Potential Risks: The sustainability of such partnerships may be questionable in the long term.
Backlink Strategy by Exploding Topics
- Traffic vs. Revenue: Traffic growth does not guarantee revenue growth; focus on relevant content is critical.
- Statistical Posts: Creating data-driven content can earn backlinks but might not directly increase sales.
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Key Takeaways
- Focus on Value: Content should provide genuine value and relevance to the target audience for better revenue results.
- Global Perspective: Embrace a global marketing strategy to reach broader markets.
- Innovative SEO Tactics: Utilizing partnerships with authoritative domains can be a useful strategy, though it's essential to assess long-term viability.
- Understand Metrics: Traffic growth metrics should be carefully analyzed in the context of revenue generation.
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Call to Action
- Engagement: Listeners are encouraged to subscribe for more insights on digital marketing strategies.
- Feedback: Suggestions for future topics are welcomed in the comments section.
For more resources, visit [Marketing School](https://www.marketingschool.io).
Written by AI. May contain mistakes. Listen to the episode to check what was said.
Transcript
Automatic transcript. May contain errors.0:00So you have one here that says attention doesn't move sales or other brand outcomes studies fine. This is from AdAge. Yeah. So, you know, the study was pretty much being that just because you get tons of attention, like on social media, followers, you can get all the attention in the world for your brand. It doesn't mean that you're going to generate any revenue. And the example we gave earlier, this doesn't mean exploding topics went this way, but someone broke down the SEO case study on how they release a lot of stats and data, built a ton of links and grew their traffic from it. that's another form of attention.
0:36More attention doesn't necessarily directly correlate with more revenue. And we're not saying exploding topics was exactly that way. I think Brian did well overall, and he's a really smart entrepreneur and a marketer. But what people believe is, oh, I'm going to get all these followers. Oh, I'm going to, this campaign is going to go viral. And it does very little for a revenue standpoint. And Eric can actually share data on this. He's had a lot of viral clips. One of them was your rich BFF. And she talked about how you need to switch your job every three years. Yeah. Right. And she's like, if you don't switch your job every three years, you're missing out.
1:11Yeah. And that got what millions of views that got like 3 million views. And then there's one I did that got 7 million views where we talked about the Laurel Piana store in Italy. Yeah. Where Eric talked about how you can buy designer clothes like Louis Vuitton for pennies on the dollar brand new, not used. Yeah. At this place called the mall, The mall in Italy. Yeah, the mall.it. Neil even called them. Yeah, and I didn't like it. Yeah, it was not ideal. It was like all out of season stuff. Yeah. And you can't pick what's on the list. And I'm like, oh, this is too much work. Yeah. I think it's great if you're going to go down there yourself and view it.
1:44But what else did you have that won't borrow? You had a lot of stuff that won't borrow. Yeah, there's a handful that got a couple million views this year. There's like another one where, oh, our Shake Shack talking about, ooh, like, you know, that was a funny interaction, but that's not going to drive it. That got like two or three million views on it where we talked about the, you can buy the Shake Shack, you get a free chicken sandwich. And they're like, oh, I'm going to get this. Oh yeah, I didn't get this free chicken sandwich. Yeah, yeah, yeah. Man. Yeah. All right. So, and from all those combined, easily 10 plus million views, a lot of attention.
2:14How much revenue did they generate you when you combine them all? Agency owners, if you want to grow faster, my partner, Neil Patel and I, we are hosting live agency owner workshops in Beverly Hills. And you're going to learn how to get more clients. You're going to learn how to take yourself out of the day to day. You're going to learn how to recruit the right people. And you're going to be hanging out with like-minded people such as yourself. So if you want to learn more, just go to marketingschool.io slash agency. Again, it's marketingschool.io slash agency. And we'll see you on the other side.
2:39How much revenue did they generate you when you combine them all? Zero. So I might've gotten a text from, I got a text from like four, um, four kind of marketing executives or just like saw your stuff. Good job. So pat on the back, right? That's about it. But you got way more than four texts in total. Those are just from marketing. Yeah, yeah, yeah. I got more text than that. But, and then like, you know, I went to like a YPO dinner thing. It's like, oh my God, I see your reels. All the spouses are like, I see your reels. That's cool and all. And then I remember the guy you met, Tejun, the agency guy in New York, the Asian guy.
3:11Okay. So he walked up to me and said, I watch your stuff. So I think that was from one of the reels, right? So that's how that relationship happened. So as of right now, it's a donut. It's a zero. Yeah. In other words, getting attention, if it's not the right type of attention, it can make you famous, but it doesn't necessarily drive you more revenue. And if you look at Eric's content now, he does not push out stuff like quit your job in three days because it doesn't drive revenue. So my strategy has changed, if you want me to talk about that. The strategy has changed where, sure, I was doing all these interviews, it was cool, but it didn't feel right.
3:44Because what was happening was, and I love interviewing people because I love learning from them, but it puts them on a pedestal. It doesn't necessarily help my business, right? So what happens now is instead of me interviewing people, 80 % of the time, I'm just focusing on me talking about business. And I'm getting comments from people. It's not getting as many views, but people are like, oh, this is so helpful. This is so valuable. I'm just focusing on marketing and business. That's it. And then 20 % of the time, we have Seth Godin coming on this podcast. We'll do some of these interviews, but I'm only going to do it with business people.
4:12I'm only going to talk about business topics. I'm not going to talk about dating anymore. I'm not going to talk about finance. I'm not going to talk about this and that. I'm just going to focus in on business and marketing. And that's where it makes the most sense for me. Because sure, the dating guy, by the way, Dr. Orion Teraban, he is so well-spoken. One video got like 400 ,000 views, long form, which is a lot, right? The other one got like 150 or 160 so far. It's a lot. But you know what? It's not my customers. The people in the comments, they're fighting each other. It's men versus women, on and on and on and on, right?
4:40And I'm just like, it's cool, but it doesn't help with business. Doesn't help one bit. And with Eric focusing on interviewing entrepreneurs and marketers, and they're talking about only business advice or marketing advice. Sure, he's still, quote unquote, putting up on a pedestal and it's elevating their brand. But at the same time, he's building relationships and those relationships are in his space and it can cause more revenue. By the way, you know, that's what I did 11 years ago when I started the Leveling Up podcast. All I did was I interviewed business people at marketing, right? And then that actually led to business, right?
5:12So I was doing that way before, that was before Tim Ferriss even had a podcast. If you have something working, here's a lesson. You should continue doing it. Because if I continue to, by the way, that was before the 20 VC podcast. I could have gone in that direction too if I wanted to, because I was talking to VCs at the time too. It could have gone in any direction. But the lesson here, again, with business is you have to stay consistent. And so now I'm back to what I was doing before, which is kind of ironic. But that's why when Neil says it takes 10 years to build something, I'm like, it takes 10 years of focused work to get there.
5:42Yeah. Yeah. If you don't focus, everyone always asks, how long does it take to build a personal brand? Long time. Okay. How many days do I need to be consistent with posting content? And I'm like, every day. It doesn't work. It's like working out. You got to pay rent every day. Yes. It's like, oh, I worked out for a year and then I stopped for six months. Well, yeah, all your results went away. You got to start from scratch all over again. That's why you got to keep doing it and you can't stop or it just does not work. All right. So I'm going to continue on here. So you have one over here on marketing is no longer a regional game.
6:17It's a global first game. See, I don't want Neil to look at his phone. So I'm just picking from the iPad because I think it's rude to you guys. So anyway, go ahead. I'm coming back from a event in Dubai. And when I was there, Dubai really has, it really is a melting pot of people from all these different countries. like people say that about the us but not really like dubai is really like a melting pot of people from like the most random countries that you can think of right as well as the major countries you can think of as well and they're all coming there it's a hub they're all learning how to you know i was at an event where they're teaching about entrepreneurship and marketing and people are trying to figure out how to grow and i remember when i got started out as an entrepreneur businesses were always like okay i'm gonna you know with me i'm gonna raise money i'm gonna go create an analytics company and I'm going to go sell into corporations.
7:07You. That was me back in the day. And you're talking about, I've been an entrepreneur for 23, 24 years now. So when I first got started, raised money, you're like, okay, what are the big companies in San Francisco or in New York that I can get meetings with and sell to? Nowadays, when businesses are started, especially with entrepreneurs, and this wasn't the case 24 years ago, people are trying to figure out how they can scale globally from day one. And they may not go after every single country or region, but they're trying to get customers from everywhere or anywhere that they can that'll pay them money.
7:41And that wasn't the case when you and I first started, right? Even when you started Single Grain, it was just - I never started it. That's true. Your cousin did. When you bought Single Grain and you took it over, your focus was just, hey - US. And specifically, you were actually getting a lot of customers from San Francisco. And you're like, oh, let me go after the startup ecosystem. Now you get customers from wherever they are in the world, as long as it makes you money and it makes them money. The world's catching up, right? Because remember maybe like 13, 14 years ago, we started working on Elance.
8:12We started hiring people on Elance, right? The talent wasn't quite there, but then when you hire people offshore now, the talent's catching up very quickly. So my point of saying all this is that the world is catching up and then people are doing more commerce with each other. And that makes a lot of sense. So I, and by the way, me being in, you were just in Dubai. I was, I was just in Thailand. I was just in Japan and Japan has its own way of doing things, but they certainly like they're up there. You know what I mean? I think they're the third largest economy in the world. I believe that the third largest.
8:38They're either third or fourth. Yeah. Something like that. I know the big ones are U S then China. And then the next three are, and I don't know the order, Japan, India, and Germany. Yeah. And so I guess the question is how do we make this actionable for people? Whether it's your SEO or whether it is your website, you got to use hreflang so you can let search engines and browsers know what pages are for what people in different languages in different regions. You got to translate and transcribe. You can have ChatGPT help you and then have a human go in there and modify it just to make sure it's relevant for that region.
9:17Dude, you know what I did in Japan? so I pulled out chat chpd and said hey um when you hear me speaking when you hear english go translate to japan and japanese and when you hear japanese translate to english and we had a full-on conversation and just kept going back and forth so it works really well for that that's cool yeah so sorry go continue and did it do it in voice yeah i did in voice that's cool yeah so you can do it in any any world now yeah that's any world any country so you would speak and they would translate to japanese in voice right then and there for the other person yep yep so it's just back and forth.
9:46It's not as quick as it could be right now, but it was quick enough. And then, because we were in line, right? So my friend David wanted to buy a new Ramoa bag and we're in line at Ramoa. He's like, why do we have to wait in line? Right? And so I asked her in Japanese, like, why do we have to wait in the line? Right? And then I was like, he wants to just buy that one over there. Can you do that? She's like, no, he has to wait in line. And then, but you know, you're going to go upstairs and you'll find a nice one. That was it. And then I said, and I said, thank you. Yeah. And then the other thing you have to think about is like, if you have a physical product, where are you going to end up getting it produced?
10:17For example, I have a buddy who owns a company called Legion Athletics. They sell protein powder. You can't take protein powder built in the United States, forget food regulations and all that kind of stuff. But you can't just randomly go to like Japan or Australia and be like, okay, we're going to make the product here in the US, ship it over there, and then sell it there. Well, you just paid an arm and a leg for shipping and the currency exchange in Australia is way lower. Ideally, you want to figure out how to make it in Australia and sell it right then and there because you'll save quite a bit of money on the shipping costs.
10:52That would just kill your profit. Right. As a side note, by the way, of Legion Athletics, the protein bar, I think you recommend the peanut butter jelly. It's great. Not peanut butter jelly, though. I do the chocolate peanut butter cup. Oh, I did a peanut butter jelly bar. It's great. Oh, you got to try the other one. Okay, fine. And then warm it up in the microwave for like, no joke. No, that's too much work. eight seconds, most delicious bar you ever taste. Even if you don't do that. That's the protein bar? Yeah. But even if you don't warm it in a microwave, it tastes delicious. But when you have a moment and you warm it up for like seven, eight seconds or 10 seconds, dude, it straight up tastes like candy.
11:23All right. All right. Fine. I'll do it. I'll do it. I want to take a second to tell you about my podcast co-host agency. So NP Digital. So Neil Patel Digital. What they do is they do a whole host of marketing services and they are global. They're worldwide. They have SMB services as well. They have mid-market to enterprise services as well. They cover the entire gamut. So you can just go to mpdigital.com to learn more about it. And now back to the episode. So did you see that there is, by the way, this I got from the mastermind. This is from the guy that had seven, eight businesses. Have you heard of Parasite Partnerships before?
12:00No, but before you go on to Parasite Partnerships, let me guess, the person has seven, eight businesses is proud how they have seven, eight businesses and they're Yes. And that used to be me back in the day, you know, but it's, I'm telling you, you go to the experienced entrepreneur and they're just like, yep, done that before. That's not the way to go. I think he's realized that now. Better, better. And I don't think he's late. He's in just mid twenties, but anyway, so you know what parasite SEO is, right? But let's explain it. So parasite SEO for let's use Forbes. So Forbes has a very strong domain authority.
12:30So their website's very strong. And so for them, whatever they tend to publish, right. Tends to rank well. And so they actually have a company that partnered with them and started creating all these affiliate pages, right? That's an example of Parasite SEO. They're leveraging their domain authority to rank for things like credit cards or insurance, all these like high paying affiliate type keywords. And they get paid a lot of money. They make a lot of money. I forgot how much it is per month. Do you remember? I think it was$400 million a year, but they got whacked. Yeah, they got whacked. So after Lars wrote that piece, they got whacked, right?
13:00And I don't think he was trying to whack them, but that tends to be what happens when someone gets exposed. So anyway, Parasite Partnerships is what this guy does with the seven businesses. And he'll just reach out to people with high domain authority and say, hey, we'll do the same thing we did for Forbes, but we'll do it for you. And they'll just put it on a subdomain, I believe, and then they can maybe take it away if they want. And so I'm like, oh, okay, that's interesting. So a lot of people in the affiliate space, they do Parasite Partnerships where they just try to find high domain authority websites and do that.
13:29And so I think this might work for a little longer. I think it's not a long-term play, but it's an interesting way to partner up with people to say, hey, I can get the same result I got for Forbes and get it for you, right? It's an interesting angle. That's not something we would do today, but I wanted to throw it out there. If you've ever built a website, you know how tough it can be to keep a strong design while ensuring site performance is fast. That's where Framer comes in, and it totally changes the game. Framer is the design-first, no-code website builder that lets anyone ship a production-ready site in minutes.
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15:38Sign up for your$1 per month trial and start selling today at shopify.com slash marketing school. Go to shopify.com slash marketing school, shopify.com slash marketing school. So I'm a little bit confused on the distance between Parasite SEO and Parasite Partnerships. Are they pretty much doing the same thing as Parasite SEO? Yeah. But Parasite SEO is like, maybe you're just, it's Parasite Partnerships that you're specifically going out there to seek partnerships to do Parasite SEO. That's what it is. Got it. Yeah. So it is Parasite SEO, but they're first doing the partnership to replicate the Forbes playbook.
16:13Yes. That's what it is. So I thought that was interesting. I was like, I haven't heard of it that way before. So we wanted to throw it out into the ether. But I don't think it's a long-term play. What do you think? I don't think it's a long-term play. I don't know how the Forbes deal was set up, but a lot of these deals are set up in which they're just paying the host, right? Host being Forbes, and they just get money on an annual basis. A lot of them are not set up on a rev share deal. Yeah. By the way, since we're talking about SEO, I want to talk about Exploding Topics, Unfair, 24 ,330 backlink play.
16:43So it says, Brian Dean just sold his SaaS company, exploding topics to SEMrush. The secret growth strategy, linkable assets at scale. Like, I don't know about that, but let's, let's continue on here. So this is written by Mark Webster. So he says, here's a genius strategy. Create 555 plus statistics posts. Okay. Yeah, that makes sense. Statistics posts tend to do well. Like trends do really well as well. Right. So for example, he has AI stats, 766, 767 referring domains, Gen Z stats, 228 referring domains. Okay. Number two, Two, leverage his business positioning. His niche is trends. He can create stats on any topic relevantly.
17:16Okay, I mean, that's like a form of programmatic SEO. Number three, there's, Neil's about to fall asleep. Number three, replicate past success. Brian's previous wins at his previous business backlink. Google CTR stats, 6.2K referring domains. Email marketing stats, 750 referring domains. Four, build a link earning machine. It's almost like you design exploding topics to passively earn thousands of backlinks. And so look, at the end of the day, He just means create stats type posts or trends type posts. And those tend to get a lot of links. I find that to be true. Probably same thing for you. And so I wouldn't say that's the reason they got acquired.
17:51I think it was helpful, but I don't think it was the reason they got acquired. No. And a lot of those pages drive traffic. They do not drive as much revenue as one may think. So growing your website's traffic for, let's say, a SaaS app, which is what Exploding Topics is. And let's say he goes from 100 ,000 visits a month to a million. I'm just making it up. and he's 10x his traffic. His revenue is not going to 10x. He'll be lucky if his revenue doubles from that. He may see a 5%, 10 % lift in revenue, but getting more people to type in, you know, trend software analysis, or I'm making up a keyword here that's probably not the best keyword, but anything related to what his software sells, that is going to generate way more revenue, even if you're getting way less traffic.
18:35And to be fair, we're not poo-pooing on, like this strategy is good. It helped with his domain rating, which helped him get more users at the end of the day. Like it's a good thing for him, right? But just understand that this is a marketing play to get more attention. It's not necessarily going to help you drive more revenue out the gate. So yeah, and Brian's smart. And he knows that doing this isn't going to necessarily drive you, you know, more revenue on the same type of traffic that you're getting to your homepage, but it's getting you more brand visibility, getting more links, and it's causing your homepage and the rest of the site to rank higher for your money terms, which then helps him generate more revenue indirectly.
19:11So that is it for today, guys. Please don't forget to review, subscribe and go to marketingschool.io slash agency if you want to learn more about the Agency Owners Association and we will see you later. In fact, I'll tell you what, Neil and I will be recording in Germany. I didn't even tell him this yet. We will be recording in Germany. I found a podcast studio. So that's another way you can make the most of your trips. So yeah, bye.
19:37You
