How can businesses can stay ahead of the curve and future-proof their content strategies by leveraging AI tools and techniques? Check out this interview with Neil for practical tips and insights on how to create content that resonates with audiences in the age of AI and predicts the trends that are likely to shape the future of content marketing.
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TAM stands for the total addressable market. If you go after it, it’s almost the same amount of work to market a small niche business as it is to market in a really large business. So might as well go after a large business because it’s hard to gobble up a hundred percent of a large but niche. While it’s much easier to gobble up a fraction of a percent of a hundred billion dollar market. So go after a large market. The second one is after you got a large market, is you need to figure out what you can give to disrupt the industry. So for example, if you’re going after health insurance, you can give away payroll software for free to then generate more sales for health insurance. ‘Cause people who pay for payroll software, they typically also provide their employees health insurance, right? So instead of charging them for what they’re used to paying for, you then end up saying, “Hey, we’ll give you this thing that doesn’t cost “us much here for free and we’re going to make a lot of money “charging you for this much bigger thing, “which is health insurance.” And then the next part is, is you just got to go omnichannel. So from the TikTok to Instagram to Facebooks to Google, there’s not one channel that does well. They all are end up getting crowded and are competitive. So you got to leverage all of ’em. And other than that, you know, you just got to execute on it and give it time. But those are the main three elements. Of course there’s a lot of other things involved in marketing to make each of those things work. I oversimplified it, but those are some of the three key things that people mess up on. They don’t pick a big enough tam, they don’t figure out how to disrupt a market and they think that they can grow a business to being really amazing with just one channel. You can start off with one channel, but eventually you got to expand into all of them.
So as a small business, honestly, I wouldn’t worry about implementing AI much at all right now. Instead, I would just use the tools to help you get some of your work done. So people look at AI as like, “Hey, let me see if I can integrate in my marketing “and just do it for me.” AI is not there yet. It’s not the, we’re not at a point in time where you can just rely on AI to do everything that you need perfectly. It’s just like when search engines first came out, a lot of the results were crap. Google showcased barred with the error and or misinformation, not in a bad way, but it was just inaccurate. And the market cap dropped by billions of dollars. Chat GPT is inaccurate in so many ways. You should see how many times we use chat GPT and it’s plagiarizing content just to be super transparent, it’s nowhere near perfect. But where as a business owner, you could be using ai right now in your marketing is if you take an omnichannel approach, which we talk about in a formula to do really well in marketing, you had to create content, AI can help you spearhead that content creation. Coming up with the concepts and ideas, titles stream and blog posts or content for social media and even creating it. Then you need to go out there and modify the content and make sure it represents you and it’s accurate and it’s what you want. Content by AI isn’t good enough to just post. Yes, the Ryan Reynolds example was pretty good, but that is not the majority of the cases with ai.
The biggest mistake is they think AI is perfect and then they just use it and they just expect the results are going to be great, that’s the first one. The second mistake that we see is, is are going out there at least in marketing and they’re just like, let me go create tons of content on everything within my industry so I can catch up with my competition. You can do a search for anything on the internet.
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Thank you 🙏
Great insights on TAM, disruption, and omnichannel marketing! It's essential to target a large market and find innovative ways to disrupt the industry.
Watched only one video and sir i am in love with you. Heading to follow you instagram ❤
Neil, I have been reading your content for the past 10 years now some of it is great, But you got this version of AI (Chatgpt 4 and Google's Bard) wrong. You need to do a deep into LLM, NVidia Hd100 Chips, and the architecture that led to the birth of Chatgpt and eventually Bard. The Unique feature of ChatGPT is its reasoning capabilities and just a large dataset. I know you are busy but you're totally off base on future AI and AI's Exponential disruption is taking place every 3 months.
Thanks Neil
How can we see CPC and monthly search results in google search bar is there some extension sir?
Thank you a lot niel, my marketing knowledge without you would be pretty much empty.
Such an informative interview 👏
Systems and processes
Thanks, Neil. You updated us regarding AI and show us the right path.
Buena entrevista y buen entrevistador. Muchas gracias a ambos.
Amazing Information About Artificial Intelligence Neil.
Can you plss help me because I've heard about this digital marketing and idk where to start i love this channel I'm glad i discovered this
Super information as always, thank you Neil! I love your mention that people should spend 20% of time creating content and 80% of time marketing it. So many people think they can just write great content and people will magically find it. It takes some serious work! I also appreciate you mentioning that business owners should take the AI content and add their own authoritative spin to it because really, the largest benefit in outputting copy is the chance to demonstrate one's expertise. I'm hoping that businesses continue to appreciate that fact, even with AI, so us copywriters will continue to get work!😀
Neil, I've heard you say over and over: Don't think about creating a lot of content, just think about publishing that content. Well, I'm with you 100%. But what is the appropriate percentage for creating content on blogs, for example? Is it an article a day? Or two articles? Or two articles every week? What is the appropriate and correct percentage for placing articles on websites?
I think you are 100% wrong about whose jobs are at stake. AI is making it easier for knowledge workers to do more with less. One person will be able to do the job of 3 or 4 people. Also those salaries will start to deflate as that work becomes commoditized. Non public facing information aggregation and analysis jobs are at stake like accountants, insurance underwriters, lawyers, Software developers, coaching, blogging, writers. Burger flipping is actually harder to automate. There are a lot of variables in a restaurant that can go wrong and screw up an automated process. So ironically, a lot of minimum wage jobs are safe, cause its still easier to hire someone . . . for now.
It’s so great to have your perspective on AI and how to integrate it into our content appropriately. Thank you! So far the outlines , titles, and basic content ideas and high level processes from ChatGPT have helped saved time and brainpower but raw content is robotic and repetitive.
Would love to hear your thoughts on Google filters suppressing robotic AI content.
Thanks Neil a sensible voice in the wilderness so appreciated
Thank you Neil
Your videos are great helpful! You are a great Master!
Hey Neil! 👋 Firstly thank you for taking the time if you respond! What a great talk. I think that with all these discussions of AI fueling career concerns, wouldn't you say it's also a uniquely prime time for new innovation and companies in the career space that takes on this developing new problem while everyone else looking at AI?
Thank you for the useful and valuable conversation…..
So much value, thank you!
Hi Sir Neil Patel,
I have a question to you. I have a blog website related dogs. As you said in a video to add some tools in your website to compete competition.
The issue is that I don’t have technical knowledge about how to code. If I’ll use WordPress plugins for these tools, I think the website speed may effect badly.
What should I do now?
Plz answer If you have a little bit time.
Thanks for your time.
Regards,
What strategies can one use to be effective in the current digital age especially in Africa.
Thanks
Thank you
❤️❤️🙏Sir, My Google discover traffic down now….before I had 2 million page views on my blog. What the reason? how to recover the traffic. My post rank also down. My blog language is local bengali language.
hey Neil
your videos are very informative
can you make a video for keyword research
Thank you Neil! You are the best! I appreciate you sharing how we need to understand AI and how to use AI as well.
Hi Neil brother, how are you?