Dan Moyle 0:08
Ready to spend 15 minutes with the experts you admire need strategy sessions from thought leaders brought directly to your ears. Welcome to the sprocket talk 15 minute strategy podcast where every week George B Thomas uncovers the challenges that sales, marketing and service professionals face and of course, the strategies to help them overcome their biggest hurdles. So sit back and set your sights on growth with these bite sized conversations build with your strategy goals. Ladies and gentlemen, welcome to the 15 minute strategy podcasts
George Thomas 0:37
Srocketeers, it's your boy George B. Thomas and we are back again with another episode of the 15 minute strategy podcast where we bring well a podcast in 15 minutes or a little bit more to you with a strategy that your business can use. I'm super excited today because we have a friend. We have a man that I have broken bread with. On the episode Dane Dane Why don't you take a cup minutes to tell people who you are, what you do where you do it. Before we dive into today's topic,
Dane Golden 1:05
real briefly date names Dane golden companies called video up, we used to be a.com, video vi di up.tv. And what we do is we help brands and businesses and business people grow their businesses on YouTube. Simply put, we have an organic side, meaning we help people build their YouTube channels and that type of training. And we also have a paid ad side on YouTube, how to make sure you don't waste views when you're paying to get people to watch.
George Thomas 1:38
I love that data. And that is the deep end of the pool that we're going to dive into today. So when you talk about YouTube ads, when the listeners the viewers, the sprocket tears are thinking about Should I run YouTube ads for my business or for a specific campaign, like lay down the foundation of First of all, what is YouTube ads? What kind of Can you do there's different variables, all that good stuff to get them up to speed?
Dane Golden 2:04
Okay, well that's it. That's a lot of stuff. But we'll, we'll try to be succinct here. So our approach is simply we believe very strongly in YouTube ads. But often we believe in just the opposite of how YouTube wants you to use them. Because they have, you know, when you are a business, you may have a salesperson at Google and you're like, wow, I'm connected, I got a rep. But a lot of what they're geared to do is show you how to do what we might call awareness ads or brand ads. And that's great if you are a billion dollar auto company or whatever. But a lot of the people who you know use HubSpot, etc. They need direct response ads, meaning they need an ad to sell them to sell something for them. A lot of YouTube originally came from the sort of agency world and television world, and a lot of advertisers still think well YouTube is just like V only smaller and it couldn't be farther from the truth and a lot of excellent top people in this industry like the Harmon brothers, Tom breeze, Travis chambers Jake Larson they've developed methods of selling direct response on YouTube that work very well and you don't waste millions and millions of dollars trying to find that one customer who might so Dana it's interesting because when
George Thomas 3:27
I hear the word method and then when I hear you talk about people think it's TV but smaller I think mindset and so I start to go into this world the method to the madness and the mindset that wants you to have so tell the sprocket tears like what mindset when you go into because here's the deal, let's be real. You can go into LinkedIn there should be some type of mindset when you're running ads, Google it's a different mindset Facebook, totally different mindset. So what is the mindset when you go into run these ads or think about running ads on YouTube, that one Should have,
Dane Golden 4:01
well, here's how we see it a lot of times on Facebook, or Instagram, etc, you'll run video, but you're it's a sort of an interruptive video. It's not, you know, terrible, terrible imposition, but they didn't come looking for what you're talking about, you know, using Facebook and Instagram, you know a lot about them what they're looking for, but not what they're looking for right now. And when you use YouTube, you know a lot more of what their intent is right now. So for the Harmon brothers, for instance, they did the purple ads for the purple mattresses that were very famous, made millions of dollars. Well, if you're doing a search on Google or YouTube for a mattress or mattress reviews, and this ad comes up right in front of the mattress review, well that's very close to, you know what you're looking for and doing at the time. So that's one of the key things about YouTube, which is very similar to Google, if you think about it, you can identify a type of ad to directly what the intent is at that moment for that user.
George Thomas 5:10
So it's interesting because I do love the idea of intent. I love being able to connect things like that. But as I'm listening to you talk about this Dane and I'm going into my marketing brain. Yeah, I actually have to maybe take what feels like a step back and ask you the question like, should everybody like let's let's go from this from a content creator? thing and monetizing and actually allowing if purple mattress or if sprocket talk, should they always allow ads? Or is there a time where it just doesn't make sense to even have ads be allowed in the content that you're creating? Let's say you with that side of this,
Dane Golden 5:51
okay, so what I hear you saying, George, is that you're saying from the creator or influencer perspective, and maybe and there are channels like this. There's an influencer of mattresses or influencer of blenders. Should they allow ads? Well, there's certain different types of rules that that YouTube has. And sometimes if you have a specific sponsor baked into the video, they may not they may want to identify and they may not want to run ads. But there's very little downside and running ads, you might think, well, I guess as an influencer, if I'm making money by selling my own blenders, or my own mattresses or whatever, I don't really need to run ads. And that's, that's certainly true, it's going to be a smaller portion. But for most creators, they run ads and that doesn't mean an ad shows up every time on every video, but they definitely enable them.
George Thomas 6:44
Alright, so let's flip this back to the side that we truly started to talk about. Yes. When you think of these businesses that are listening or watching this episode, and we go back to that whole thing of context or the idea how can you Put a strategy together, what are the one two or three things that you should be paying attention to, to make sure that you're putting your ads in the right place? And therefore maybe not spending too much or making sure you're spending enough to get the proper right audience on YouTube?
Dane Golden 7:16
Well, let's, let's think of four basic factors that go into a successful campaign. There's the ad, there's the targeting of that ad, meaning you, you know, if you're selling mattresses in California, do you really want to run any views? Or do you want to just, you know, is gamers and Malaysia, you know, can you target them? Well, you're not selling there. So the views aren't really as important. So there's the, again, the target the ad, the offer, sort of what the product is, and sort of the page conversion when when you're buying that right. So those are the four factors you have to think of in each each one can be I said, the offer and the product itself sorry, offer and the product. So each one of those can be good. Like if you have three of them good, but the products no good. It doesn't really matter. So if you don't you're not confident in your product, don't run ads. Maybe Don't be in business, right? But But you know, you have to have a good landing page and conversion website. And that's part of the offer part of it. And then there's the targeting in that and there's a cadence to ads, a lot of businesses want to talk about themselves, that the better ads talk about what the viewers needs are in a specific way. And then there's targeting and that's, you know, do you want to target certain age groups or certain times of day. With our company, we really focus on placements, what types of videos exactly you should be targeting.
George Thomas 8:48
So what I hear you say, Dan, I think and you can agree or disagree with me is that when it comes to YouTube ads, it's about precision. It's about scalpel marketing, not hammer. sledge hammer marketing, being able to really understand here's the offer, here's the product. And here is the place the time, like very segmented. Would you agree with that?
Dane Golden 9:11
We agree 100% with that, and not everyone does. And there's other approaches, and we're okay with people doing other things. But we evangelize a targeted approach because we believe that 90% of views on YouTube ads are wasted. You're paying for views. You don't need either because you're targeting too broad. You don't understand your market, or you just don't understand how to target.
George Thomas 9:36
I'm watching this or listening to this podcast, Dane. I've never ever in my life done a YouTube ad. I'm pretty much scared that I'm gonna make a bunch of mistakes. Where the heck can I get started? Like what are the first steps the first place the first people talk us through that?
Dane Golden 9:55
It really depends on where you're at because a lot of times When you're a advertiser your business you're like, I'm starting from square one great. I'm gonna hire a video production company. I'm going to upload it, it's going to be all done. But but they spend, you know, 90% 150% of their budget on the production. We don't believe that that's the right approach. Definitely have good production. But it's not the most important thing. I think we've all seen many ads and videos that that don't have expensive, beautiful scenery and sound effects and music, that sell or convince us to do something or move us in some way. Would you agree with that? Without
George Thomas 10:39
a doubt, I mean, I've seen plenty of those.
Dane Golden 10:42
I believe you should allow about 50% or more to the strategy and execution of your campaign depending on your approach, maybe 80%. To the strategy, the paying for the views that the targeting the managing of this and If you can't afford that, you know, scale back your approach. So that's what I would say first, because I've seen this, this scenario where companies are like, they don't ever talk about it. They whisper about it in back rooms. I call it the I've been burnt by YouTube and it doesn't work and I'm never gonna try it again.
George Thomas 11:19
That's a long name for a disease day. Yes.
Dane Golden 11:22
Because when people say they're going to do a video for their business, you know, everybody, suddenly everyone wants to be on that team. You have a meeting with 14 people, because deep inside I believe every single person wants to be Steven Spielberg. They want to create these beautiful, beautiful movies. I know that because I want to be Steven Spielberg. But over the years, I've failed in a lot of these key ways. And I these failures, I want to share with other people because it's so easy to get discouraged and then you never really try. That's not a stretch adeje creating one single viral video, I'm putting air quotes here is not a strategy. You want to do something that makes sales that people can that you can try that you can tweak. It's really more about evolving and iterating than one big slam dunk. So I want to really emphasize that. Would you agree with that? George, have you seen stuff like this?
George Thomas 12:25
I definitely agree with that. And I'll tell you, Dan, where my head is going as I'm listening to you, which is interesting, because with YouTube, I, I'm wondering if it's different or if it's the same, because when I think of advertising on LinkedIn advertising on Facebook, advertising on Google, it's all about being educational. It's all about what our smokers call about adding value. I'm curious, though, Dane, when it comes to these ads on YouTube. Yes. Is it about being valuable or is it because it's YouTube about being entertaining, or is there some happy mix? What have you seen When you think that part of your ad and what you're creating,
Dane Golden 13:04
well, if you're if you're trying to program in entertainment, and you're talking about a production, that's entertaining, I think that's great. Just make sure you've got a boatload of money to throw in there. There might be some people that can make an entertaining video cheap. And I'd say go with those people. But if you don't have a boatload of money to spend, I would say try to be helpful. We are we have a very short attention span for people that are not helping us.
George Thomas 13:33
Yes, I would agree with that without a doubt.
Dane Golden 13:36
So and if it's, let me add to that because I want to add, a lot of times people are advertising for SAS products, right? There's a lot of sass services that are growing growing up now. And people believe in these niche products. Sometimes they do just one thing. And that's a great service because you need to have people coming back again and again. But you also need to get them to buy in and their information. A lot of the things we sell have a lot of information. It's not just buy these Twizzlers, right. We need to be educated. Now. Not everyone's gonna buy it just even if you run an educational video, this is what it does. This is why you like it that type of thing. That's that still may not be enough. It helps to have an org We believe in organic strategy. But if you're starting from scratch, you may not have time to make 200 videos 50 videos that help people through it so but there is and Tom breeze originated this called ad UK it has it's an ad when which you educate.
George Thomas 14:41
I love that. So here's the thing with it being the 15 minute strategy podcast, we've only begun to scratch the surface. So Dane if people yes, believe it or not. It is like already that time. If people have more questions, if they want to reach out to you, where do you want to send them
Dane Golden 15:00
Why don't they connect with me on LinkedIn? LinkedIn calm slash i n slash Dane golden da and eg o LD n.
George Thomas 15:09
There you go. And here's the deal sprockets. Here's think about YouTube ads you may not have yet you may have tried in the past, maybe try it again. And think about I love that educational value together. But either way, we'll see you in the next episode.
Dan Moyle 15:25
Did you enjoy this episode of the 15 minute strategy podcast, we'd love to know. leave a rating and written review wherever you listen to your favorite shows and keep that learning going by visiting sprocket talk comm sign up for your free membership. And in that membership area, you can find bundled episodes where we combine like strategies to help you grow better make the world better and share this episode with your friends and co workers who may be battling this same obstacle. You can always reach out to George Thomas on Twitter with questions or guest suggestions or just to talk about your favorite Marvel superhero. I go out into the world and leverage this strategy for your success. And we'll see you on the next episode. The 15 minute strategy podcast
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About the Expert
Dane has served as President of TWiT.tv network as well as Vice President of marketing at Octoly. His goal is to utilize the power of YouTube to positively benefit brands and creators alike. Dane Golden loves video metrics and analytics. He believes that every great video has a quantifiable engagement ratio that can help others learn.
Dan Moyle 0:08