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Marketing School - Digital Marketing and Online Marketing Tips

David Spinks Reveals Key Secrets To Growing Red Hot Communities

Marketing School - Digital Marketing and Online Marketing Tips

Eric Siu and Neil Patel

Business, Marketing, Careers

4.61.4K Ratings

🗓️ 3 November 2021

⏱️ 29 minutes

🧾️ Download transcript

Summary

When social media first surfaced it was generally dismissed as largely inconsequential for businesses. These days it’s almost impossible to imagine a successful business without a social media presence. With the rise of web three and the ubiquity of social media comes the integral concept of community and the impact and engagement it creates. Here to help us interrogate this rapidly expanding field is David Spinks, VP of Community at Bevy and Cofounder of CMX, two platforms dedicated to helping businesses create and support a thriving community. He is also the author of the new book The Business of Belonging: How to Make Community your Competitive Advantage. In our conversation, we discuss the key difference between building an audience versus a community, and why community drives deeper and more meaningful engagement for business. Learn about some of CMX’s useful resources, like the SPACES Model, a fundamental framework for defining your community’s business value. We also discuss the most common mistakes businesses make when they first build their communities and how to go about it the right way. Be sure to tune in to learn more about this important topic from an expert in the field! TIME-STAMPED SHOW NOTES: [00:00] Before we jump into today’s interview, please rate, review, and subscribe to the Leveling Up Podcast! [00:15] Introducing today’s guest David Spinks VP of Community at Bevy and Co-founder of CMX. [01:14] How community is being factored into how businesses are structured.  [02:28] Outlining the differences between audience and community. [04:30] How community encourages participants to create rather than consume. [05:40] Examples of communities where David has seen people create and contribute. [07:35] The importance of a skilled and competent community manager.  [08:42] How to find the right community manager. [09:39] How Bevy, a pioneering community event engine, was started. [11:29] Why it’s important to start small and set an intentional example with your initial community members. [15:59] How to ‘push out control’ to manage large communities with fewer community managers and why many businesses make the mistake of growing too fast.  [18:04] The SPACES Model and how to use it as a framework for defining your community’s business value. [21:07] The best way to grow your community and why most businesses start in the wrong place. [24:07] David’s top book recommendation and its far-reaching applications. [24:39] David’s podcast Masters of Community and what you can learn from it.  [25:24] Exciting new AI tools to take your community to the next level!   Resources From The Interview:   David Spinks David Spinks on LinkedIn David Spinks on Twitter The Business of Belonging: How to Make Community your Competitive Advantage Masters of Community Podcast CMX The SPACES Model: The Framework for Defining Your Community’s Business Value Bevy Startup Grind Orbiit.ai Orbit.love Must-read book: Sapiens: A Brief History of Humankind Subscribe to our premium podcast (with tons of goodies!): https://www.marketingschool.io/pro   Leave Some Feedback:     What should we talk about next? Please let us know in the comments below Did you enjoy this episode? If so, please leave a short review.     Connect with Us:      Neilpatel.com Quick Sprout  Growth Everywhere Single Grain Twitter @neilpatel  Twitter @ericosiu     Learn more about your ad choices. Visit megaphone.fm/adchoices See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

Welcome to Marketing School, the only podcast that provides daily top-level marketing tips

0:06.4

and strategies from entrepreneurs that practice what they preach and live what they teach.

0:11.8

Let's start leveling up your marketing knowledge with your instructors, Neil Patel, and Eric

0:16.8

Sue.

0:17.8

All right guys, before we start, we got a special message from our sponsor.

0:24.1

If you want to rank higher on Google, you got to look at your paid speed time.

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The faster your website loads, the better off you are.

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With Google's Corvital update, that makes it super, super important to optimize your

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site for low time.

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And one easy way to do it is use the host that Eric and I use, Dreamhost.

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So just go to Dreamhost or Google it, find it, check it out, and it's a great way to improve

0:47.7

your low time.

0:48.7

All right, everyone, please welcome David Spinks, who is the co-founder of CMX and VP of

0:55.8

Community for Bevy and he's also got a book called The Business of Belonging and he's

1:00.5

also got a podcast called Masters of Community.

1:03.5

So I had to have David on the podcast because I was actually listening to a podcast where

1:07.6

he was talking about community and to me, I believe community is a role that's been around

1:12.3

for a while, but it's kind of really taking off now and back in 2010 when people's not

1:17.7

social media was not going to be a role to be taken seriously.

1:20.2

I feel like that's what community is nowadays.

1:22.4

But anyway, we'll touch upon that in a little bit.

1:24.2

First and foremost, Dave, welcome to the show.

...

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