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Rory Sutherland

๐Ÿ‘ค Speaker
2264 total appearances

Appearances Over Time

Podcast Appearances

The Knowledge Project
How to Think Like a World-Class Marketer | Rory Sutherland

Adel Borki, and I coined the phrase technoplasmosis by analogy with toxoplasmosis, which is tech people and consultants have taken over the finance department so that the marketing metrics the finance department uses

The Knowledge Project
How to Think Like a World-Class Marketer | Rory Sutherland

has faith in and demands from marketing are not those metrics which are most conducive to building brand and customer value over time.

The Knowledge Project
How to Think Like a World-Class Marketer | Rory Sutherland

They're the metrics which are most conducive to selling tech solutions to the companies.

The Knowledge Project
How to Think Like a World-Class Marketer | Rory Sutherland

What are the metrics that are?

The Knowledge Project
How to Think Like a World-Class Marketer | Rory Sutherland

Well, it's all about short term transactional, bottom of the funnel, click through, you know, how can you shovel money to meta in a slightly more efficient way?

The Knowledge Project
How to Think Like a World-Class Marketer | Rory Sutherland

It's not about long term value creation at all.

The Knowledge Project
How to Think Like a World-Class Marketer | Rory Sutherland

Now, don't get me wrong, all that bottom of the funnel, short-term transactional stuff is very important to get right.

The Knowledge Project
How to Think Like a World-Class Marketer | Rory Sutherland

I'm not disparaging it, but it's only a third of the game.

The Knowledge Project
How to Think Like a World-Class Marketer | Rory Sutherland

Right.

The Knowledge Project
How to Think Like a World-Class Marketer | Rory Sutherland

And they're not interested in the other two-thirds of the game because they don't make money if someone spends money on their call center or, you know, upgrades their call center staff or allows the call center staff to call out.

The Knowledge Project
How to Think Like a World-Class Marketer | Rory Sutherland

It's sort of like cybersecurity.

The Knowledge Project
How to Think Like a World-Class Marketer | Rory Sutherland

It's seen as a cost.

The Knowledge Project
How to Think Like a World-Class Marketer | Rory Sutherland

It's a cost.

The Knowledge Project
How to Think Like a World-Class Marketer | Rory Sutherland

Yeah, yeah, yeah.

The Knowledge Project
How to Think Like a World-Class Marketer | Rory Sutherland

I mean, Bonnie Blue would do really well in this because she's all about the numbers, not about the quality of the relationship, you know.

The Knowledge Project
How to Think Like a World-Class Marketer | Rory Sutherland

Funny enough, she did work in NHS finance procurement, ironically.

The Knowledge Project
How to Think Like a World-Class Marketer | Rory Sutherland

Well, no, finance recruitment, actually.

The Knowledge Project
How to Think Like a World-Class Marketer | Rory Sutherland

She recruited people for National Health Service finance.

The Knowledge Project
How to Think Like a World-Class Marketer | Rory Sutherland

So her approach to sex is merely an extrapolation of what she learned, I think, recruiting finance people for the National Health Service.

The Knowledge Project
How to Think Like a World-Class Marketer | Rory Sutherland

All about the quantity, not about the value creation, the relationship.