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26: Unlocking Customer Lifetime Value and Embracing AI with Google's Neil Hoyne

26: Unlocking Customer Lifetime Value and Embracing AI with Google's Neil Hoyne

FromSidecar Sync


26: Unlocking Customer Lifetime Value and Embracing AI with Google's Neil Hoyne

FromSidecar Sync

ratings:
Length:
52 minutes
Released:
Apr 18, 2024
Format:
Podcast episode

Description

In this episode, Amith & Mallory sit down with Neil Hoyne, the Chief Measurement Strategist at Google. As Google's top measurement strategist, Neil has led over 2,500 engagements with the world's largest advertisers, helping them acquire millions of customers, improve conversion rates by over 400%, and generate billions in incremental revenue. His first book, "Converted: The Data-Driven Way to Win Customers' Hearts," was published in 2022 by Penguin Random House.In this discussion, Neil shares key insights from his book, including the importance of focusing on customer lifetime value (CLV) rather than short-term metrics. He explains how organizations can apply the concept of member or donor lifetime value to better understand and nurture their most valuable constituents.? Follow Neil on LinkedIn:https://www.linkedin.com/in/neilhoyne/? Visit his website:https://neilhoyne.com Chapters:0:00 Customer Lifetime Value and AI 7:56 Understanding Customer Lifetime Value and Application 13:02 Customer Lifetime Value Analysis in Marketing 20:00 Customer Lifetime Value and Potential 28:14 Metrics and AI Impact on Business 39:33 Organizational Change in the AI Age 42:48 The Impact of Generative AI This episode is brought to you by Sidecar's AI Learning Hub ? https://sidecarglobal.com/ai-learning-hub. The AI Learning Hub blends self-paced learning with live expert interaction. It's designed for the busy association or nonprofit professional.? Follow Sidecar on LinkedIn https://linkedin.com/sidecar-global  Please like & subscribe!? https://twitter.com/sidecarglobal  ? https://sidecarglobal.comMore about Your Hosts:Amith Nagarajan is the Chairman of Blue Cypress ? https://BlueCypress.io, a family of purpose-driven companies and proud practitioners of Conscious Capitalism. The Blue Cypress companies focus on helping associations, non-profits, and other purpose-driven organizations achieve long-term success. Amith is also an active early-stage investor in B2B SaaS companies. He’s had the good fortune of nearly three decades of success as an entrepreneur and enjoys helping others in their journey.? Follow Amith on LinkedIn:https://linkedin.com/amithnagarajan  Mallory Mejias is the Manager at Sidecar, and she's passionate about creating opportunities for association professionals to learn, grow, and better serve their members using artificial intelligence. She enjoys blending creativity and innovation to produce fresh, meaningful content for the association space. ? Follow Mallory on Linkedin:https://linkedin.com/mallorymejias  #ai #google #generativeai
Released:
Apr 18, 2024
Format:
Podcast episode

Titles in the series (28)

Welcome to Sidecar Sync: Your Weekly Dose of Innovation for Associations. Hosted by Amith Nagarajan and Mallory Mejias, this podcast is your definitive source for the latest news, insights, and trends in the association world with a special emphasis on Artificial Intelligence (AI) and its pivotal role in shaping the future. Each week, we delve into the most pressing topics, spotlighting the transformative role of emerging technologies and their profound impact on associations. With a commitment to cutting through the noise, Sidecar Sync offers listeners clear, informed discussions, expert perspectives, and a deep dive into the challenges and opportunities facing associations today. Whether you're an association professional, tech enthusiast, or just keen on staying updated, Sidecar Sync ensures you're always ahead of the curve. Join us for enlightening conversations and a fresh take on the ever-evolving world of associations.