291: Investing in Brand Experiences with AnyRoad’s Jonathan Yaffe

Jonathan Yaffe is the CEO and Co-founder of AnyRoad, a data and analytics platform that powers experiential marketing efforts for many of the Fortune 2000 companies. In this episode, Alan and Jonathan discuss how his career started at RedBull and how it evolved into founding AnyRoad. Jonathan believes that experiential marketing is a pillar of any effective marketing strategy. He says, “experiential programs really change consumer behavior, which leads to revenue growth and increases of brand love.”Listen to the full episode to learn more about why experiences matter so much in today's environment and why brands are looking at experiential programs as a way to actually build long-term brand loyalty and ultimately increase a customer's lifetime value.In this episode, you'll learn:The value of leaning into experienceWhat makes personalization so powerfulFocus on lifetime value instead of conversion ratesKey Highlights:[01:38] Working for RedBull[02:43] Transforming from product to experience[05:35] Examples of incorporating experience in brand[08:32] Changes in the experiential marketing space[12:54] What makes personalized experience so powerful[15:01] Getting better at capturing and using data [17:40] How data is being collected today[19:35] What to do with data once you've got it [23:35] An experience that defines Jonathan, makes him who he is today[26:56] Jonathan's advice to his younger self[28:55] What marketers should be learning more about[30:16] The brands and organization Jonathan follows[33:51] The biggest threat and opportunity for marketers Resources Mentioned: AnyRoadJonathan Yaffe, CEO and Co-founderRed BullMarie KondoREI Bike Riding CourseKentucky Bourbon TrailCHEEZ-IT online store and Chobani merch dropsRed Bull Flutag Event – Red Bull in San FranWarby Parker expanding to stores (NRF)Allbirds expanding to store experiencesLululemon and Nike with retail experiences but not about commerce Become a member today and listen ad-free, visit https://plus.acast.com/s/marketingtoday. Hosted on Acast. See acast.com/privacy for more information.