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But wait, there's more. Hi
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Membership has its privileges. Hmm,
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you should copyright that. This
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is an apostrophe podcast production.
2:12
Time-making began the tradition of selecting
2:14
a Man of the Year in
2:16
1927. The
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idea was to identify the person who had done
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the most to influence the events of the
2:23
past 12 months. That
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year, the editors of Time had
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neglected to feature aviator Charles Lindbergh
2:31
on the cover. It
2:33
was an editorial embarrassment, as Lindbergh
2:36
was a global sensation by becoming
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the first person to fly solo
2:40
across the Atlantic. To
2:43
remedy that oversight, Time
2:45
decided to feature Lindbergh as the Man
2:48
of the Year on the cover of
2:50
the year-end issue. The
2:53
tradition thus began. Welcome
2:58
to your 2023 work recap. This
3:01
year, you've been to 127 sync meetings,
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you spent 56 minutes searching
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for files and almost missed 8
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deadlines. Yay! 2024
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the same premium wireless for $15 a
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front payment of $45 for three months plan equivalent
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Renew for 12 months to lock in savings.
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Taxes and fees extra. Additional restrictions apply. According
4:33
to Time's editor in chief, the
4:35
man of the year cover sprung
4:37
from the great man theory of
4:39
history, a belief that
4:41
individuals have the power to transform
4:44
society for better or for worse.
4:47
The recipient was usually a politician
4:49
or a titan of industry. 14
4:53
US presidents, five leaders of
4:55
Russia and three popes have been
4:57
recognized. There have
4:59
been controversial choices too, like
5:01
Hitler and Ayatollah Khomeini. Sometimes
5:04
it has been an object like
5:07
the computer in 1982 and
5:09
the endangered earth was named Planet of the
5:11
Year in 1988. Occasionally
5:15
time recognized a group. The
5:18
first time it did so was in 1950 when
5:21
it chose the American soldier as
5:23
men of the year as
5:25
they marched off to fight in Korea. And
5:28
time named American women as people of the
5:30
year in 1975. In
5:37
1999, the title man of
5:39
the year was officially changed to the
5:41
gender neutral person of the year. Although
5:44
the winner that year would be Jeff
5:46
Bezos. Donald Trump said
5:48
he turned down the offer to be person of the
5:50
year in 2017. Time
5:53
magazine replied saying there was not a speck
5:55
of truth to that. Every
5:58
year the time editorial. staff gets
6:00
together to assess the man, woman,
6:02
group, or concept that had the
6:04
most influence on the world. The
6:07
conversations are said to be both
6:09
entertaining and contentious. A lot
6:12
of arguing ensues. But
6:14
eventually, a consensus takes
6:16
place, and the cover
6:18
is revealed every December.
6:29
This year, Time magazine made an
6:31
unusual choice for person of the
6:33
year. The editor-in-chief
6:36
said that every year contained light
6:38
and dark, and 2023 had
6:40
significant shades of
6:42
darkness. In a divided
6:45
world, this recipient found a way to
6:47
transcend borders and be a source of
6:49
light. He said no
6:51
other person on the planet can move so
6:53
many people so well. Achieving
6:56
this feat is often chalked up to be
6:58
an alignment of the planets, but
7:01
that, he said, would ignore her
7:03
skill and her power. Her
7:06
name is Taylor Swift, and
7:08
she is an incredible marketer.
7:30
Taylor Swift is the first entertainer in
7:32
history to receive the title of Time's
7:35
Person of the Year. In
7:37
the center section of the magazine, it
7:39
listed her accomplishments in bullet form. It
7:42
took two pages to cover. Here
7:45
are a few highlights. Earnings
7:49
from her heiress tour are expected to be $4.1
7:51
billion. Only
7:54
female artists to land three number one albums on
7:56
the Billboard 200 in a calendar year.
8:00
Twice. Only female artist
8:02
to replace herself at number one. Twice.
8:06
Just surpassed Elvis Presley for the most
8:08
cumulative week spent at number one on
8:10
the Billboard 200. She
8:13
trails only the Beatles. First
8:16
artist to occupy all top ten spots on
8:18
the Hot 100 in a single week. Cop
8:22
artist on both Apple and Spotify with 26.1 billion
8:24
streams. Most
8:28
Grammy Song of the Year nominations
8:30
in history. Most
8:33
awarded artist in the American Music
8:35
Awards history. Holds
8:37
over 70 Guinness World Records
8:39
as of this writing. Personal
8:42
net worth $1.1 billion. Age
8:46
34. Taylor
8:56
Swift is a remarkable marketer.
9:00
Her ideas are smart, creative
9:02
and surprising. She
9:04
constantly evolves while maintaining a
9:06
consistent brand and nobody
9:08
in the music business works harder at
9:11
connecting with their fans. Unlike
9:13
many other successful artists, she does
9:15
it all with her music. She
9:18
doesn't have branded clothing lines,
9:20
sneakers, liquors or perfumes. She
9:23
does collaborations with other artists and
9:25
partnerships with brands like Capital
9:27
One and Apple. But
9:30
those are strategic choices to expand
9:32
her audience. And
9:34
Taylor Swift controls it all.
9:46
Back in 2005, a
9:49
15-year-old country artist named Taylor Swift
9:51
signed a contract with a company
9:53
called Big Machine Records. The
9:56
deal was for six albums. Subsequently,
9:58
Big Machine Records. records owned
10:00
all her master recordings. Meanwhile,
10:04
Big Machine Records was sold to
10:07
a private equity group called Ithaca
10:09
Holdings, owned by a powerful music
10:11
manager named Scooter Braun. Swift
10:14
had pleaded with Braun for the chance to
10:16
own her work. She was
10:18
then asked to sign a new contract
10:20
saying she would earn one album back
10:22
for each new album she recorded. It
10:26
was an onerous contract. When
10:29
the original six album contract expired,
10:31
Swift signed a new record deal
10:33
with Universal's Republic Records and
10:36
insisted on owning her own music
10:38
going forward. Not
10:40
long after, Braun sold her master
10:42
recordings to yet another holding company
10:45
for $300 million. That
10:48
meant this new holding company controlled
10:51
her master recordings, could decide
10:53
how her songs were used and
10:55
pocket the licensing fees. Taylor
10:58
Swift said the sale was her
11:00
quote worst case scenario and
11:03
said Scooter Braun had repeatedly
11:05
bullied her. Then
11:08
Taylor Swift did something bold.
11:11
She announced she was going
11:13
to re-record all six original
11:15
albums. As
11:19
the songwriter, Taylor Swift was able
11:21
to re-record those albums legally. As
11:24
of this writing, she has released four of
11:26
the six. She added
11:28
the words Taylor's version to the
11:30
album titles to identify them as
11:33
re-releases. Now, normally
11:35
people don't want to hear re-recorded
11:37
versions of favorite songs. But
11:40
here's the thing. Taylor
11:42
Swift's fans embraced the
11:44
re-recorded versions. Those
11:47
re-recorded albums consistently outperformed the original
11:49
releases and all went to number
11:51
one again on the charts. She
11:54
re-recorded all the songs and added
11:57
a few other songs from the
11:59
vault. Swift promoted
12:01
these re-recordings just like new albums,
12:03
with big announcements, full promotion, singles,
12:06
and new merch. It
12:08
was a power move. By
12:11
re-recording her songbook, movie studios
12:13
and advertisers would come to
12:15
Swift to license her music
12:17
now, essentially diminishing the value
12:19
of her old master recordings. Lots
12:31
of recording artists chafe under the
12:33
yoke of bad record label contracts.
12:36
Yet rarely would an artist entertain
12:38
the notion of re-recording their entire
12:40
back catalogue. But in
12:43
the battle of beloved original songs
12:45
versus brand new re-recordings, why
12:48
did her fans choose to go with
12:50
Taylor? Well, there
12:52
is an incredible connection between Taylor Swift
12:55
and her fans. They've
12:57
dubbed themselves Swifties. These
12:59
Swifties have been following Taylor Swift's
13:01
music for years. They
13:04
don't have favorite songs. They
13:06
have favorite eras. Each
13:08
era in Taylor Swift's life has been
13:11
preserved in amber on each album. Swifties
13:14
relate deeply to her
13:16
storytelling. There's also
13:19
a lot of Taylor-king going on. Taylor-king
13:22
is when Taylor quietly watches her
13:24
fans' social media posts. She
13:27
gets to know their names, their lives, their
13:29
ups and their downs. She'll
13:31
comment on their posts and
13:34
blow their minds. Taylor
13:42
Swift is a master at creating
13:44
a community of fans. As
13:47
one writer recently said, she
13:49
manages to scale the unscalable. Put
13:53
another way, she gives out bits and
13:55
pieces of herself to fans that ignites
13:58
her entire base. She
14:00
visits fans in hospitals. She
14:03
sent nurses working on the front
14:05
lines during the pandemic care packages
14:07
with personal notes. She
14:09
has shown up unexpectedly to a fan's
14:11
bridal shower in Ohio. She
14:14
paid off another fan's mounting student debt.
14:17
Swift wrote a charity song called Ronin,
14:20
based on the blog of a mother
14:22
who had lost her three-year-old son Ronin
14:24
to cancer. Swift gave the
14:26
mother a writing credit on the song. It
14:28
reached number 16 on the
14:30
Billboard charts, and all proceeds go
14:32
to a cancer research charity. In
14:38
2004, she staged a Swiftmas
14:40
campaign that went viral, sending
14:43
out hand-picked gifts to fans
14:45
with handwritten cards. She
14:48
invited fans to come and dance in the
14:50
video for her monster hit, Shake It Off.
14:53
She also reached out to fans who
14:55
are being bullied, explained how she relates
14:57
to them, and gave them
14:59
meaningful words of support. So
15:02
when fans see her supporting bullied
15:04
fans, they rallied behind Swift
15:06
when her record company bullied her.
15:09
And that's why her re-recorded album shot
15:12
to the top of the charts. And
15:17
sometimes, Taylor even invites
15:19
her fans over for cookies. Welcome
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to your daily affirmations. Repeat
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heart but not with New House you
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every long. Go to
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bluehouse.com/wonder Street. He
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days. Yeah, Randy! Since we founded
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Bombers, we've always center socks, underwear
17:00
and t shirts are super soft.
17:02
Any new ideas? maybe sublimely soft
17:05
or disgustingly cozy? Plane was I
17:07
got a pompous, absurdly comfortable essential
17:09
for yourself and for those facing
17:11
homelessness because one purchase, dick, one
17:14
donated. Wow, did we just read
17:16
an ad? Yes! Bomb! This big
17:18
comfort for everyone. Got Obama saw
17:20
com flash a cat and you thought a
17:23
cast. For twenty percent off your first purchase. Walt
17:36
Disney One said that it's success
17:39
was to give customers everything you
17:41
could possibly give them. And
17:43
Taylor Swift has taken that to heart.
17:46
Here's proof. When. She
17:48
recorded her album titled Nineteen
17:50
Eighty Nine She held would
17:52
see called Sequence Sessions. swift
17:55
literally invited big groups of fans
17:58
to secret listening parties to hear
18:00
the new album first. But
18:02
here's the thing, the listening
18:05
parties were held in Taylor
18:07
Swift's homes. The
18:12
way she chose the invitation list says
18:14
a lot about Taylor Swift. She
18:17
tailored fans on the internet for a
18:19
year, quietly looking for super
18:21
fans who never had the chance to
18:23
see her before. Fans
18:25
who couldn't get tickets to her concerts
18:27
or had camped out on the sidewalk
18:29
for days, only to come up empty-handed
18:32
when tickets sold out, or
18:34
they simply couldn't afford them. 89
18:38
fans in each of the five cities
18:40
in the US and the UK were
18:42
contacted by Swift's team, told
18:44
they were invited to a special top-secret
18:46
event. They were asked to
18:48
meet at a specified spot. Then
18:51
they were bused to a second location.
18:54
They had no idea what they were in
18:56
for. I'm calling you from taylorswift.com and
18:59
we have an awesome opportunity for you. It's
19:01
a nervous excitement right now because we have no idea what's
19:03
going on. Except that we're on a bus and going somewhere.
19:06
What the fans didn't know was that
19:08
they were being bused to one of
19:10
Taylor Swift's homes. Meanwhile, Swift
19:12
was at home baking cookies and getting
19:14
ready for her guests. So this is
19:17
the first of these secret sessions, which
19:19
are little mini living room house
19:21
parties where I'm gonna be playing my
19:23
fans the album first. So
19:26
we wanted to surprise them and they're here,
19:28
they're out like mingling and eating and things like
19:30
that. I'm sure they know something's going on, but I don't
19:32
know if they think this is going on. As
19:35
the fans sat in anticipation in the
19:37
living rooms, Swift popped
19:39
in. Hey, guys! Hey, guys! Then
19:43
she played her new 1989 album, met
19:46
everyone, took pictures with each of the
19:48
89 guests, then
19:51
danced with them all in the living room.
19:54
Check it out on YouTube. There was a
19:56
lot of joy in those living rooms. When
20:00
I saw Taylor Swift explaining her fan
20:02
listening parties on the Graham Norton show,
20:13
Norton and the other celebrities couldn't
20:15
believe she was inviting fans into
20:17
her home. They were shocked.
20:20
But Taylor Swift said she loved it
20:22
and the fans were amazing. Those
20:25
listening parties were bucket list thrills for
20:27
fans and an extraordinary
20:30
act of fan appreciation. I've
20:34
been waiting for Paul McCartney to invite me
20:36
into his living room since
20:38
1967. Another
20:48
thing Taylor Swift does often is create
20:51
hidden Easter eggs in her work. In
20:54
the liner notes in CDs and vinyl
20:56
records, random letters on lyrics
20:58
are capitalized while the rest are
21:00
in lower case. Fans
21:03
realized that if you strung all the capital
21:05
letters together, they were encoded
21:07
messages. In a
21:10
song called Picture to Burn about
21:12
a cheating ex, the letters
21:14
formed the sentence, Date Nice
21:16
Boys. In a
21:18
song called Best Day, the capital
21:21
letter spelled God Bless Andrea Swift,
21:24
a tribute to her mom as her
21:26
parents were going through a divorce. And
21:29
in a song titled Fifteen, the
21:31
letters when strung together said, I
21:34
cried when recording this. But
21:37
the Easter eggs go beyond the lyrics. Every
21:43
Taylor Swift album has its own
21:45
vibe, aesthetic and color scheme. So
21:48
she will start wearing that particular color months
21:50
before a new album comes out. When
21:54
Swift started tweeting red heart emojis,
21:56
Fans instantly knew the next re-recorded
21:59
album was going to be the
22:01
one titled read. Fans
22:03
will been poor super older
22:05
albums looking for clues to
22:07
her upcoming song titles which
22:09
triggers record sales and millions
22:11
of streams. Even
22:16
her videos contain Easter eggs.
22:19
In. One video, there was a dollar
22:21
bill sitting next to Swift, a
22:23
subtle reference to a lawsuit where
22:25
she accused a powerful Dj of
22:27
sexual assault. T sued her
22:29
for three million dollars see countersued
22:32
for one dollar. The. Jury
22:34
sided with Swift in the video
22:36
look what you Made Me Do
22:39
from the Reputation album. There are
22:41
literally thousands of Easter eggs. It
22:44
may take fans decades. define them all.
22:47
Swift. Is patients. She.
22:49
Drops clues that foreshadow things that
22:51
haven't arrived yet, and sands excitedly
22:54
work together to break down the
22:56
codes. As Swift says
22:58
quote, it's really about turning new
23:01
music into an event for my
23:03
fans in trying to entertain them
23:05
in playfulness tbs clever ways. It's
23:09
also brilliant marketing. In
23:20
March of Twenty Twenty Three,
23:22
Taylor Swift embarked on her
23:24
History Making Errors tour. Instead
23:27
of breaking a new album, she
23:29
decided to celebrate seventeen years of
23:31
recording, dedicating a section of the
23:34
concert to each album era. Most.
23:37
Major recording artist travel with one
23:39
huge stage for a concert tour.
23:42
Think. The Rolling Stones Or Katy
23:44
Perry? For the era's
23:46
tour, Taylor Swift created a
23:48
different staging for each of
23:50
the heiress. so for
23:53
a set list of forty four
23:55
songs there's ten distinctive sets for
23:57
the ten different areas designed
24:00
by her in-house Taylor Swift
24:02
Tour production company. The
24:05
Wall Street Journal reported that the tour is
24:07
one of the most expensive and ambitious of
24:09
the 21st century. The
24:12
staging takes about two to three
24:15
weeks to transport and assemble. Because
24:18
of that, Swift is only playing big
24:20
cities and settles in for three or
24:22
four nights in each town. She's
24:25
playing a six-night stand in Toronto
24:27
in November, the first artist to
24:29
ever play six shows at the
24:31
Rogers Centre. It's sold
24:33
out. Over
24:35
300,000 people will attend those concerts,
24:38
the equivalent of a mid-sized Canadian
24:40
city. The
24:42
tour includes 151 shows and five continents. One
24:47
concert stop alone has a waiting list of
24:49
2.8 million Swifties. Her
24:56
team has created powerful marketing for the
24:58
tour. There is a loyalty
25:00
program. Fans who buy
25:02
her albums and merchandise or share
25:04
her content are pushed further up
25:07
the priority list to land hard-to-get
25:09
tickets. There are
25:11
also exclusive pre-show events, surprise
25:13
meet and greets, online contests,
25:16
and Swift engages directly with her
25:18
fans on TikTok providing regular updates
25:21
as the tour progresses. And
25:23
by the way, she's gifting her
25:26
sound technicians, caterers, dancers, truck
25:28
drivers, and other valued tour
25:30
staff over $55 million in bonuses. In
25:44
a brilliant marketing move, Taylor Swift
25:47
brought her eras tour to the
25:49
big screen. The
25:51
three-hour concert film reportedly cost $15
25:54
million to make and Swift
25:56
funded it herself. When
25:59
it came to distributing the movie, her
26:01
team met with Hollywood Studios but didn't
26:03
like the deals they were presented with.
26:06
Then her father Scott Swift had
26:08
a crazy idea. Why
26:11
not skip the Hollywood Studios and
26:13
distribute the film directly to theaters
26:15
themselves. Theater chain
26:17
AMC gladly took the offer, putting
26:20
the film in over 8,500 screens
26:23
in nearly 100 countries. The
26:25
ticket price? $19.89. AMC
26:30
reported the most tickets ever sold in
26:33
an hour. The company said
26:35
it rivaled the excitement of the early
26:37
Beatles films. With
26:39
only two entities sharing profits and
26:42
no middlemen, AMC will make
26:44
43% of the revenues
26:46
and Taylor will pocket the other 57%. Opening
26:53
weekend became the highest-grossing concert
26:56
film of all time, breaking
26:58
in 93 million dollars. The
27:01
second biggest October movie opening ever.
27:05
Time magazine states that Swift stands to
27:07
make about 100 million dollars
27:09
from the movie. And remember this,
27:12
she has released the entire era's
27:14
tour in theaters while the
27:16
era's tour is still in motion.
27:19
She has no fear that it will eat into
27:22
ticket sales as all her shows
27:24
are already sold out. Millions
27:27
of her fans who couldn't get tickets or
27:29
live in small towns are lining up for
27:31
the movie. And fans lucky
27:33
enough to have been to her concert go
27:35
to the movie to see the show up
27:37
close and personal instead of watching
27:40
it on a jumbo screen in the
27:42
stadiums. After only
27:44
seven weeks of release, the film
27:46
had grossed over 250 million
27:49
dollars. The
27:51
era's tour film also helped
27:53
rescue movie theaters who
27:55
had just come off lean pandemic
27:57
years and the Hollywood strikes. Let's
28:08
talk the Taylor Effect. Swift's
28:11
earnings from her tour will be more
28:14
than the yearly economic output of 42
28:16
countries. Time
28:19
magazine reports that Swifties have boosted the
28:21
U.S. economy by $5.7 billion, as each
28:26
concert-goer spends an average of $1,300 each.
28:30
Airbnb even sees record-setting demands
28:32
in each city Taylor visits.
28:36
Recently, she started dating Travis
28:38
Kelsey, all-star tight end for
28:40
the Kansas City Chiefs of
28:42
the NFL. That
28:44
caused his jersey sales to jump 400 percent,
28:48
and his games saw a massive
28:50
increase in viewership. There
28:52
are at least 10 college classes
28:54
devoted to Taylor's music, including
28:57
one at Harvard. And
29:00
in maybe the most Swiftsonian moment
29:02
of all, Taylor released
29:04
8 Seconds of Static on
29:06
iTunes by mistake in
29:09
2014. Those
29:11
8 seconds went to number one in
29:14
Canada. Anyone
29:25
who is 34 and holds over
29:27
70 Guinness World Records is
29:29
clearly a force of nature. Taylor
29:32
Swift is that rare artist who can sell 200
29:35
million records in an era
29:37
when music is virtually free
29:39
on streaming services. She
29:42
is a self-made billionaire without
29:44
any side hustles. She
29:47
is re-recording her entire back catalogue
29:49
to maintain control over her destiny.
29:52
I Heart Radio, the largest radio
29:54
network in America, has agreed to
29:56
only play her re-recorded versions going
29:59
forward. She is an
30:01
artist who locks arms with her fans
30:03
over issues that mean something to them,
30:06
and they lock arms with her in
30:08
return. World leaders
30:10
beg her to perform in their countries.
30:14
She is there to confront the status
30:16
quo. She stood up to
30:18
a powerful music DJ and won. She
30:21
wanted to regain ownership of her
30:23
master recordings and won. She
30:25
challenged Apple and Spotify to pay artists
30:28
in a more equitable way and won.
30:30
She defied Hollywood
30:33
and won. Through
30:36
it all, she is a global
30:38
phenomenon that feels intimate and genuine,
30:41
by going above and beyond the call
30:43
with her fans. And
30:46
that is the definition of
30:48
incredible marketing. When
30:51
you're under the influence. I'm
30:54
Terry O'Reilly. This
31:01
episode was recorded in the
31:03
Terrestream Airstream Mobile Recording
31:05
Studio. Producer Debbie O'Reilly.
31:07
Sound engineer Jeff Devine.
31:09
Research Alison Pinches. Under
31:12
the influence theme by Ari Posner and
31:14
Ian Lefever. Tunes provided by
31:17
APM Music. Follow me
31:19
on social at Terry O. Influence.
31:22
This podcast is powered by Acast.
31:25
And if you'd like to
31:27
read next week's Fun Fact,
31:29
just go to apostrophepodcasts.ca and
31:32
follow the prompts. See
31:34
you next week. Thanks
31:52
for watching! Marketers
32:01
and advertisers, brands big and small,
32:03
you've been after a special someone for a while
32:05
now. You think they're into you.
32:07
I mean, you share the same interests, both
32:10
passionate about the same stuff. Why wouldn't
32:12
they be? Wait. There's
32:15
a moment of silence. It's
32:17
really just you two alone. They're
32:19
waiting. Go on, shoot your shot.
32:22
You've got a voice. Use it now. Hearts
32:24
are racing. Breathing becomes heavier. This is
32:26
your chance to win them over. So
32:29
what are you gonna say? Get closer
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to your audience. Make podcast ads with Acast.
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Head to go.acast.com/closer
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to get started.
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