Transcript
WEBVTT
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Are you struggling to come up with
original content weekend and week out? Start
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a podcast, interview your ideal clients, let them talk about what they care
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about most and never run out of
content ideas again. Learn more at sweetphish
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MEDIACOM. You're listening to BB growth, a daily podcast for BB leaders.
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We've interviewed names you've probably heard before, like Gary Vannerd truck and Simon Senek,
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but you've probably never heard from the
majority of our guests. That's because
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the bulk of our interviews aren't with
professional speakers and authors. Most of our
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guests are in the trenches leading sales
and marketing teams. They're implementing strategy,
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they're experimenting with tactics, they're building
the fastest growing BB companies in the world.
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My name is James Carberry. I'm
the founder of sweet fish media,
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a podcast agency for BB brands,
and I'm also one of the cohosts of
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the show. When we're not interviewing
sales and marketing leaders, you'll hear stories
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from behind the scenes of our own
business. Will share the ups and downs
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of our journey as we attempt to
take over the world. Just getting well,
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maybe let's get into the show.
Welcome back to BEDB growth. I
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am your host for today's episode,
Nikki Idy, with sweet fish media.
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Guys I've got with me today roshawn
hurry, Yapa whole. It's the marketing
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team at Vimo we shot. How
are you doing a day? Hey,
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I'm doing well. Thank you.
Thanks so much for having me, good
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man. I'm glad to hear it. So we're going to be digging in
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to something I haven't talked about as
in depth on the show yet, then,
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that's how to build your marketing function
in an early stage company, and
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so we're going to be digging into
some of the metrics you should focus on
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and what campaigns are going to work. Before we get into all of that,
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Prishan, I would love it if
you would just give us all a
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little bit of background on yourself and
what you and the folks at Bymo have
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been up to these days. Okay, so, yeah, I'm Rushan and
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I've been the early stay it startups
for a little over a decade now.
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Previously, I was an entrepreneur.
I set up a boutique digital firm called
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Wolf laps. Ran At for about
four to five years now. I lead
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marketing at Bymo, and by Mo
was a series be startup that is headquartered
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out of New York, which operates
in the CRM space. Right. So
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I've primarily been in sales, product
and marketing roles at early stage growth state
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startups and I've done the whole zero
two one journey more than a couple of
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times in my career. And Yeah, that's that's something that I'm very passionate
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about in terms of building functions,
building teams and so on. Right.
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So, do you want me to
quickly define what that means to me?
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What you know to one means?
Yeah, yeah, it sounds like you're
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reference in the the Peter Teo book. Hah Yeah, that's right. It's
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a favorite of mine. Again,
that I knew when I when I in
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offline, when I was looking at
how the conversation is going to be framed
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up, I was like, Oh, okay, he's a man after my
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own heart. But yes, yes, for the folks listening, go ahead
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and talk about how that philosophy impacted
you and what's meant to you. Yeah,
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so that's one of my favorite books
and to me that cool. Zero
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two one thing is a metaphor for
so many other things. Right, for
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sure. Yeah, I mean.
So, what I mean by zero two
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one is, you know, when
you're starting up and you don't really have
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much of a brand or you know
as a marketer, or you're not really
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generating a lot of deeds, and
this very little content to work with.
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So you're basically starting things from scratch, right, and the whole journey involves,
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like you know, one is to
establish momentum, which is, you
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know, build a build some sort
of a brand, generate some leads,
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hiding your team, basically that building
your team to enable this and, most
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of all, I think, making
a tangible difference and building influence in the
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company, right, so kind of
moving the needle for the company through whatever
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you're doing. So that you know. That is like a short summary of
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what I mean by going from zero
one. Yeah, no, one.
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What's interesting about it, what I
love about it is when, like you
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said, it's applicable in so many
different ways. I read that book at
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a I was a startup that was
trying to penetrate a legacy market, and
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so I took a lot of things
away from it in terms of, you
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know, from a sales perspective.
But the two I'm on now we are
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as really small sales team and we're
taking on marketing functions, and so I'm
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really interested to hear how you talk
about, you know, building those marketing
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functions from from the ground up,
because we're kind of having to do that
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ourselves here. And so one of
the things that you identify as one of
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the things you need to do early
on is understanding what metrics you should focus
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on. Talk about that a little
bit for us, sure. So let
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me back up a little bit,
right. So, so I think on
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day zero, right, so you
have like an endless dream stream of,
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you know, endless avenues that you
could invest your time and at Port on.
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But you know, before that,
I mean, what you should really
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do is figure out why you matter, right, and how you can help.
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So, in my opinion, and
this is a very biased, you
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know, entrepreneur opinion of mine,
so, which is at all of marketing
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exists basically to make sales easy,
right, I mean it can, it
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can vary too various degrees, basically. Right. So, on day zero,
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what I would do is basically figure
out how sales work, sales works
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for your enterprise, right, really
figure out who the buyer is, how
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are they experiencing the product up,
product or service, and you know what
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are the existing challenges in the buying
process and how can you kind of smooth
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in the whole process? Right,
and that also involves understanding your business at
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a very fundamental level. Right.
So to me I mean most of the
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BWASEE ASS businesses belonging about two two
buckets. So one would be the enterprise,
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which is the whole, you know, high ticket value, longsight sales
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cycle, Bwa market, right,
where you know you're typically looking at institutional
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buyers, looking at let's say,
any s CV of a hundred cap words
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or even a thirty care words,
right, and we're a lot of the
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stuff that you do involves sales,
enablement, product marketing and so on.
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Right. And you know the other
spectrum of it, you have the sort
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of short sales cycle, high velocity
sales right, which which is, you
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know, all of your ten twenty
dollar products, even up to let's say
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two thousand threezero products. Right,
and you know fundamentally it requires a different
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kind of thinking for both of these. So so that's a good place for
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you to start to fundamentally figure out
what your company is doing. Rather and
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you know how you could kind of
help that company move the Neal. Yeah,
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no, I love that. You
sort the whole thing out taking a
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stance. You set it up like, Hey, this is a biased opinion.
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But the fact of the matter is, if what you said is true,
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right, which is you have to
define why you matter, then you're
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going to have to take some stances
that are that are biased. You'RE gonna
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have to take some stances that may
not be, you know, controversial,
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but it will certainly be uncommon.
And that's how you that is how you
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figure out who you are. So
this idea that all of marketing exists to
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make sales easy is is maybe not
one that a lot of folks, you
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know, live out, but when
you're starting out, I completely understand how
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that's got to be the way to
go. So so thanks for backing us
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up a little bit and frame in
that up. Yes, it just to
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add to that, right, because
that is a whole lot of Homo on
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the beginning, right, there's a
whole lot of fear of missing out,
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which is that you know every day
you will get to read about somebody who's
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doing something awesome, like it could
be a type of content or could be
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some type of campaigns, right,
and there is this whole temptation to dive
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in head first and, you know, do a bunch of these things just
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because. Right, right. But
yeah, I mean it's really something that
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you had to figure out, like, you know, what is relevant to
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your business. I think that is
step one in the whole journey ring hmm.
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You're right. I think that some
of the the sexier things, the
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more fun things, are those projects
that you said folks are wanted to,
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you know, just dive into.
And I'm not a marketer, so to
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speak, but even I on Linkedin
when I'm when I'm listening to these prominent
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marketers that I look up to,
your the Dave gear hearts of the world.
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Right, I'm like, Whoa,
that looks like fun. I want
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to try that. So I totally
get it. I totally get it.
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But what you're saying is you got
to stay grounded in okay again, but
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why do we matter? But what
is this function really about? And once
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you agree and commit to the idea
that it's there to make sales easier,
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that's when you get into this idea
of understanding what metrics to focus on.
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I really want our listeners to hear
that from you and for my own selfish
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curiosity. What are those metrics that
you think folks should be focusing on?
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So, as I mentioned, there
like a couple of categories, right.
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So let's talk about, you know, the second category which I mentioned,
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which is like the low ticket value
and you know, high velosity sales.
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Right. So here what I mean. You have to typically focus on creating
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like a large volume on top of
the funnel. So you could think about,
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you know, website traffic and then
converting a personage of that, right,
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so that you know, building that
funnel out. So on Day zero
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for me to kind of establish momentum
would be to get people to know about
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me, right, to get people
to come to my website and you don't
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know about my product, and then
kind of step two would be to figure
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out how I can get these people
who signed up and subscribe or, you
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know, convert to obaying customer.
Right. I'll be honest, I'm not
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entirely familiar with that category of businesses
because I've primarily operated in the enterprise marketing,
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you know, side of things,
right, where. You know,
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again, these are long Bob sales
cycles, so it could be four months
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or six months and it's not really
like a sea, click and buy kind
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of an experience. So there's a
lot of things that you have to do
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on the branding and the sales enablement
side of things. Right. So one
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of the one of the metrics that's
really relevant in that would be, you
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know, things like I mean,
to me the most most relevant metric would
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be how you can collapse sales cycles. Right. So typically, I mean
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if your sale cycles are like four
to six months, can you kind of
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you know, collapse that to buy
about twenty thirty percent? You know I
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mean, because that's that's a real
value to the company as well. Yeah,
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right, right, and I love
that. So are you talking about
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from a marketing teams perspective, for
because I understand a sales leader would be
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thinking about that, but they're their
solution or their approach to that problem would
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be much different from the way a
marketer would approach. Okay, how do
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we shrink a sales cycle? So
are you talking about that being a function
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and responsibility of a marketing team when
you talk about shrinking that that time?
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Yeah, absolutely, absolutely. So. I think one of the you know,
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one of the biggest pieces in this
whole thing is aligning marketing with sales.
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Right. So, as I mental
up front, you know, I
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mean all of marketing exists to make
sales easy or incidental. Right. So
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you will definitely see an overlap,
and especially on the large ACV enterprise type
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of marketing, you know that it's
very it's a very sales led model,
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right. So obviously people are not
going to come and let you know,
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look at all of the beautiful content
that you've written on a website and you
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know, get to experience a second
later. Right. So it's and you
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know, really the destien making making
is complicated as well, because a lot
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of the times what I notice is, you know, I mean the decision
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may come may not even use the
product afterwards. So there's there's really,
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you know, three or four levels
of people that you have to talk to.
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So right from your CE level folks
who who are going to like you
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a sign off on the contract,
to the influencers, to the ID guys
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and you know, whole bunch of
people, right, and ultimately you have
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to be relevant to the person who's
using it on the ground. Right.
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So yeah, so it's fairly challenging
and yeah, yes, of course there's
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an overlap between what marketing and sales
does. I think that that is so
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key. Listen this idea that,
you know, the decisionmaker right the same
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our the VP of marketing, are
the ones who are pulling the trigger when
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it comes to buying or who are
doing all the effort for work. I've
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heard that before, but I haven't
heard this idea of they're not the ones
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that are even using they're not even
the ones that are using the thing.
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And so that even more drives home
the importance of understanding what type of campaigns
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will work and what type of content
will work if you're speaking to the person
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who is going to be using it, Aka the person whose life or job
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you're trying to make easier with what
you're selling, versus the person who just
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has the power or, you know, the pain and the check book.
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I think that's huge. I'm glad
that you that you framed it up that
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way. Okay, sorry, an
example, you know, which is kind
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of close to what I do right. So let's take see rams, for
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example. So, see arms have
been around for about a couple of decades
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now, but you know, according
to various reports, over a third of
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these deployments fail right, and these
are long deployments. I mean it takes
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many, multiple months or even you
know, I've seen things go up,
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you know, eighteen months and twelve, you know, couple of years and
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so on and so forth. Right. So these are, you know,
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a lot of time, effort and
investment goes into it and a lot of
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reports say that, you know what, a third of these deployments fail,
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but if you ask me, it's
closer to a ninety person because if you
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really look at the strategic objectives being
met, I mean they're not really being
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met right now. Why is this? Because, see, I'm still function
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as passive data basis. So if
you ask all of the managers and the
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leaders who are signing off on the
contracts, right, so, what do
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they want to see? They want
to see all of these beautiful reports and
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boards and and stuff like that,
but reality is that there is really nothing
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in it for the sales person who's, you know, actually has to use
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it. Right. So you mentioned
that, you know, you are in
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sales it. So how often do
you, you know, go back and,
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you know, say, put in
all of this information? That from
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an activity, right, so,
call from a call or from a meeting
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or even, you know, after
this podcast so you're not going to go
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and, like, you know,
spend pressures amount of time putting on putting
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in all of the information on a
seatum, right. So so, yeah,
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I mean, so the user adoption
is like really, really bad.
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So even some of the best see
items, how about twenty five, thirty
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percent adoption? Right. So there
again, you know, Mente, it's
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a back it's a whole divergence between
what really the person who is the decision
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maker wants and what someone who experiences
the product wants. Yeah, that's huge.
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That is huge. But I want
to I could ask you more and
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more questions about this just because you're
your background, your experience in this lens
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itself to so much key insight.
So I'll ask you two things. Give
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us one more piece of parting wisdom
for folks trying to make this zero to
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one in marketing thing happen, and
then we'll get to the part where I
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get to pick your bright and see
what you're putting in it as far as
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what the learning resources that that you're
going to tell us about today. So
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start with your parting wisdom and then
let us know what you're what you're reading
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and what's moving you these days.
Sure, I'll break it down to five
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things, right. So if I
want to, you know, look at
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it, I would summarize it this
way. So, to begin with,
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I think you should focus on net
positive momentum, right, don't really worry
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about, like, you know,
the numerous things that you could do,
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just really focus on what's relevant for
Your Business and start moving in kind of
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a general direction of goodness, right, so you can immediately start having some
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impact on the sales and impact on
your business as such. Step two would
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be to kind of prioritize the speed
of execution. Right, do many things
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that you think are relevant for a
business just to figure out, you know,
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if things work right. So I
often tell my team that, you
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know, hey, we're doing a
bunch of these things just to just to
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figure out, just to rule out
things that don't work, you know.
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So which brings me to the next
step, which is to double down on
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what really works right. So I
always believe in kind of taking calibrated risks.
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So I want to spend a little
bit of time, little bit of
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money on things to quickly figure out
if they're element for us and then double
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down, really double down on what
works for us right and build a caidence
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around that. So the fourth thing
that I would say is like really aby
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test everything. Don't go don't go
by opinions, don't go by you know,
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trends, don't go by things people
tell you, because I think one
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of my favorite people, Naval Alkan, says that all of all of the
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advice that we have in the world
cancels out zero fray. So yeah,
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I mean really Ab test everything endlessly
so that you know you can be as
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efficient as possible with your resources,
because again, you're lean your boats trapped
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at this stage, right and just
following this process, you can pretty much
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scale anything right. So, whether
it's product with it's marketing, what you
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know, any other function, but
especially for marketing. That I feel the
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simply the universe of things that you
could do right. The number of possibilities
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are endless. So I would I
would simply say these things sake. Yeah,
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perfect. I love the way that
you laid that out and just sort
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of pulled the whole thing together for
our listeners. I love when I'm able
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to talk with someone that can deliver
that kind of insight. So now that
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I've effectively picked a bread and see
what I could get out of it.
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It's time for tell us about what
you're putting in it. So we're Shawn,
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talk about a learning resource that you've
engaged with here recently that's either,
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you know, informing your approach or
this just that you excited these days.
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Okay, so I'm a big fan
of SASTER and Jason Lemkin, so I
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absolutely consume anything and everything that is
on saster. I did not have a
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background in SASS so simply my education
has been, you know, just following
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decent Lemkin on Quara into then thirteen, two on fourteen and, you know,
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even up until now. It's amazing
how he can stay so relevant to
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you know, whatever you're doing on
a on a daily basis. Right.
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So, you know, a lot
of the Times I will read something,
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I'll see something and it's tough that
I can execute the next day in office,
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which is just amazing. And I
also am influenced a lot by NAVALDA
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became, who I mentioned earlier.
He has an amazing podcast and I would
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really urge people to check it out. Also, I'm a huge fan of
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Nicholas Talb. I think he changed
my life, you know, just simply
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understanding what's Goin in the game is
has been amazing for me. So these
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are things that you know, I
mean I kind of consume, of course.
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You know I get all of my
news and information from twitter and there's
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just like a myriad number of things
that, you know, I end up
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reading on a on a daily basis. But yeah, if you were to
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ask me my favorites, these are
these are the three of them. Right.
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So Jason Lambkin for Sass, Novalada
Vicans, for anything business in life
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and, of course, Nicholas Talb
for for for everything fish. Thanks for
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Serain that with us. Thanks for
telling us about what moves you. I
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too am getting a lot of my
information from twitter. Sir, shout out
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to twitter members of my life.
Question for you, which is I know
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that folks who are listening, just
like me, have become fast friends of
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yours, are going to want to
know how they can connect with you to
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tell us how can people keep up
with you? Okay, so I am
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on twitter and Linkedin. I post
almost, you know, at least two
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or three times a week on Linkedin. You can find me at Russian cuddy
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UPPA, so that's our O.
S H and space CRI Apba. All
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you could just search for why more
and I'm sure I'll show open the feed.
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That's V by Mo right and on
twitter I'm carrying out the blues.
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So that's see, are right,
Geot D E B U S. I
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love that handle. Thank you so
much. There's so much, like I
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said, with your experience and and
you're willingness to take a stance and really
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talk about these things with passion,
that I'll likely ask you to be on
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the show again. This has been
great. Thank you so much for Shawn.
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Talk to you soon. Hey,
this was a lot of fun.
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Thank you so much for having me. We totally get it. We publish
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a ton of content on this podcast
and it can be a lot to keep
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00:20:45.970 --> 00:20:51.039
up with. That's why we've started
the BB growth big three, a no
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00:20:51.200 --> 00:20:56.000
fluff email that boils down our three
biggest takeaways from an entire week of episodes.
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00:20:56.440 --> 00:21:02.319
Sign up today at Sweet Fish Mediacom
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00:21:03.119 --> 00:21:03.880
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