Transcript
WEBVTT
1
00:00:05.140 --> 00:00:08.770
welcome back to be to be growth. I'm
Dan Sanchez with Sweet Fish Media, and
2
00:00:08.770 --> 00:00:12.390
I am continuing the journey into
account based marketing. I mean, I've
3
00:00:12.390 --> 00:00:15.220
been saying that for three weeks now
because it's been a month long journey
4
00:00:15.220 --> 00:00:19.080
and I am in the final week, which is
exciting because I've learned a lot and
5
00:00:19.080 --> 00:00:22.010
I still have so much more to learn.
It's like the more I learned about a B
6
00:00:22.010 --> 00:00:25.840
and the more corridors I find I haven't
explored yet. And I'm excited to talk
7
00:00:25.840 --> 00:00:31.220
to Samantha Stone, who is the founder
and C. M O of the Marketing Advisory
8
00:00:31.230 --> 00:00:36.400
Network, as well as the author of
Unleash Possible. Um, I'm very excited
9
00:00:36.400 --> 00:00:40.910
to her because she is a B two B
marketing veteran and, uh, just write
10
00:00:40.910 --> 00:00:43.950
her book over the weekend, and it was
fantastic. You should definitely check
11
00:00:43.950 --> 00:00:48.110
out, unleash possible. I'll probably do
it a review on that book, particularly
12
00:00:48.120 --> 00:00:51.870
in the future. Um, and I had a whole
section just on account based marketing,
13
00:00:51.870 --> 00:00:55.930
which is really fun toe look through
and kind of evaluate and see Samantha's
14
00:00:55.930 --> 00:01:00.240
perspective on the topic. But instead
of talking about what she talked about,
15
00:01:00.250 --> 00:01:03.910
in her book. I was excited to bring her
on this show. Thio ask her about
16
00:01:03.920 --> 00:01:08.240
unanswered question that even though
I've explored a B M by interviewing
17
00:01:08.240 --> 00:01:11.910
multiple practitioners thought leaders
reading multiple books so far, there's
18
00:01:11.910 --> 00:01:15.800
one thing that I haven't figured out
yet. And that is what to do with all
19
00:01:15.800 --> 00:01:20.440
the accounts that have, like you've had
in your target list. And maybe you've
20
00:01:20.450 --> 00:01:24.300
run some campaigns on, but they haven't
matriculated. Maybe they made it a
21
00:01:24.300 --> 00:01:27.620
certain way into the funnel, and it
just didn't pan out. They you've
22
00:01:27.620 --> 00:01:31.700
engaged them, but they never activated
you've they got activated, entered the
23
00:01:31.700 --> 00:01:35.960
pipeline and dropped out. For whatever
reason, what do you do with those
24
00:01:35.970 --> 00:01:39.290
accounts? What do you put them on the
back burner? Do you bring the back? And
25
00:01:39.290 --> 00:01:42.870
these are the questions that I had and
I'm excited to talk to Samantha about
26
00:01:42.870 --> 00:01:46.220
where you as you know, we're embarking
on our own A B M campaign with sweet
27
00:01:46.220 --> 00:01:49.100
fish media, and I kind of wanna have a
plan in mind for all these accounts
28
00:01:49.100 --> 00:01:53.620
that we we plan to engage in. So,
Samantha, thank you so much for joining
29
00:01:53.620 --> 00:01:59.260
me on the show today. And just as an
opening question toe kick things off, I
30
00:01:59.260 --> 00:02:02.980
wanted to ask you if there was ever a
time, Maybe when you were on the
31
00:02:02.980 --> 00:02:07.930
receiving end of just some good account
based marketing, what was it and how
32
00:02:07.930 --> 00:02:11.230
did it go? Um, have you ever been on
the receiving end of someone doing good
33
00:02:11.230 --> 00:02:15.600
account based marketing? And what was
it like? That's a really excellent
34
00:02:15.600 --> 00:02:20.860
question. Um, I imagine that I've been
on the receiving end quite often,
35
00:02:20.870 --> 00:02:25.280
although I will admit that I've been on
the receiving end in the wrong way
36
00:02:25.280 --> 00:02:31.200
where they clearly didn't target my
business well, and it was a miss more
37
00:02:31.200 --> 00:02:34.250
often than it was a hit. But I'll give
you a great example. Actually, one of
38
00:02:34.250 --> 00:02:39.460
my favorite examples is actually from
James Carberry, right? So James and I
39
00:02:39.470 --> 00:02:44.520
did a bunch of content together. He had
me a guest in the podcast. When I was
40
00:02:44.530 --> 00:02:48.370
launching the book, I had reached out
to him and had me on. And then we did a
41
00:02:48.370 --> 00:02:53.250
whole bunch of subsequent episodes, and
one of the most meaningful things that
42
00:02:53.250 --> 00:02:57.270
ever happened is just how much you
could tell that James was listening to
43
00:02:57.270 --> 00:03:01.540
me, right and really getting to know me
and really living the sort of core
44
00:03:01.540 --> 00:03:05.900
beliefs about joint content creation.
And one day he mentioned to me that I
45
00:03:05.900 --> 00:03:10.750
had been the most frequent guest on the
show. And, um, I jokingly said, Huh,
46
00:03:10.760 --> 00:03:14.220
Well, where's my letter jacket? Right?
Like, you know, it's like varsity
47
00:03:14.220 --> 00:03:17.440
player on a team. Don't I get a life
jacket? And then we went on our merry
48
00:03:17.440 --> 00:03:20.790
way in our conversation, and I never
thought anything about it again. Well,
49
00:03:20.790 --> 00:03:25.060
wouldn't you know a few weeks later,
which shows up at my door is actually a
50
00:03:25.060 --> 00:03:28.590
letter jacket, But it's not just a
letter jacket. It's a letter jacket and
51
00:03:28.590 --> 00:03:32.940
red, which is, you know, my brand color
in a color I love that had my book
52
00:03:32.940 --> 00:03:38.660
cover embroidered on it and my name on
the other arm on It was just like man.
53
00:03:38.840 --> 00:03:43.310
He had really listened to what I said,
and this was playful and fun, which was
54
00:03:43.310 --> 00:03:46.640
appropriate for our relationship. Not
all things will be that way, and not
55
00:03:46.640 --> 00:03:51.110
all things need to be gift, but it was
a great example of nurturing our
56
00:03:51.110 --> 00:03:57.260
relationship and continuing to engage
and I really love and respect the work
57
00:03:57.260 --> 00:04:02.130
that you guys do. And I've used sweet
fish Media was clients before you guys
58
00:04:02.130 --> 00:04:06.140
helped me launch my own podcast. And in
a large part of that is because of the
59
00:04:06.140 --> 00:04:10.560
relationship that James built and then
subsequently other people on the team
60
00:04:10.560 --> 00:04:15.110
have picked up and expanded. But he was
a really big piece of that, and I you
61
00:04:15.110 --> 00:04:19.230
know, whether he meant it or not, it
felt like a really well executed,
62
00:04:19.230 --> 00:04:25.480
account based program man. I was. I'm
shocked. I wasn't expecting that. But
63
00:04:25.480 --> 00:04:30.380
it makes sense. James will probably
never even even heard that, right? Like,
64
00:04:30.390 --> 00:04:33.380
you know that I haven't even heard that
story of the Letterman's jacket. I've
65
00:04:33.380 --> 00:04:36.400
heard James tell a lot of stories of
some of the creative or interesting
66
00:04:36.400 --> 00:04:40.190
things that he's done before, so I'm
like, Wow, okay, that's like next level,
67
00:04:40.190 --> 00:04:44.470
James. I'm not, like, super surprised
because he's so good with gifts and so
68
00:04:44.470 --> 00:04:48.290
personal and good at this whole thing
called just building relationships.
69
00:04:48.290 --> 00:04:53.270
Right. Um, that's why I work here
because of James Carberry, right? But
70
00:04:53.280 --> 00:04:57.490
wow, that's a fun story to open it up
with First of all, yeah, I tell that
71
00:04:57.490 --> 00:05:01.010
story quite a lot because I love it,
but I also think it's really important,
72
00:05:01.010 --> 00:05:04.030
Understand, the gift was like a
meaningful thing, and I'll never forget
73
00:05:04.030 --> 00:05:07.550
that. Like, legitimately never forget
that. And I used it as an example, a
74
00:05:07.550 --> 00:05:11.260
lot of how to show gratitude in a way
that's really meaningful and personal.
75
00:05:11.270 --> 00:05:14.740
But he also would invite me on shows
that were relevant, and he would
76
00:05:14.750 --> 00:05:18.030
introduce me to people who are relevant
and what we could still get together.
77
00:05:18.030 --> 00:05:21.500
He came to Boston and, you know, we had
a dinner with a bunch of people that I
78
00:05:21.500 --> 00:05:26.010
found really interesting that I didn't
know before. So you know what he did
79
00:05:26.010 --> 00:05:30.490
very well was understand what was
important to me as an individual person
80
00:05:30.490 --> 00:05:36.130
into my company and then find
opportunities that things that he was
81
00:05:36.130 --> 00:05:39.410
doing that made sense and invite me
into those things. And that is
82
00:05:39.420 --> 00:05:43.430
fundamentally that's what account based
market, I guess. I love it. It's the
83
00:05:43.430 --> 00:05:46.690
one, the one that gets me the most
excited about account based marketing.
84
00:05:46.690 --> 00:05:49.760
Of course, the one too few in the one
too many are exciting, too. But the one
85
00:05:49.760 --> 00:05:53.850
the one is definitely what makes
account based marketing shine. I think
86
00:05:53.860 --> 00:05:58.360
so. Let's dive into the particular
topic of what do you do with the
87
00:05:58.360 --> 00:06:03.610
accounts that you have a hard time
following up with or you've you've run
88
00:06:03.610 --> 00:06:07.420
the campaign through and they just
didn't matriculate. I'm sure you've run
89
00:06:07.420 --> 00:06:10.760
multiple or have worked with People
have run multiple A B M campaigns by
90
00:06:10.760 --> 00:06:15.050
now. So is there a certain point in
every campaign? Or maybe this isn't
91
00:06:15.050 --> 00:06:19.740
even a thing. And I think it's a thing
where the you just know the account. It
92
00:06:19.740 --> 00:06:22.790
just didn't make it. You're at the end
of the quarter of the end of the year,
93
00:06:22.790 --> 00:06:25.360
and you just kind of like, What do we
do with this account? Um, I thinking
94
00:06:25.360 --> 00:06:28.930
about that correctly. It's a really
good question. I think there's a couple
95
00:06:28.930 --> 00:06:32.780
of things that you wanna unpack before
you could decide what to dio. So one of
96
00:06:32.780 --> 00:06:37.990
things you have to decide and look at
is why didn't they matriculated
97
00:06:38.000 --> 00:06:42.570
anything? So there may be a class of
companies where we got to know them,
98
00:06:42.580 --> 00:06:48.260
and they actively chose not to pursue
working with us, right? For some known
99
00:06:48.260 --> 00:06:51.420
entity, you know, we had a capability.
We were missing a capability they
100
00:06:51.430 --> 00:06:56.880
really needed. Or they had, you know, a
six year contract with someone else,
101
00:06:56.880 --> 00:06:59.700
right? There's a whole bunch of reasons
why someone might get to know you and
102
00:06:59.700 --> 00:07:03.460
decided not to move forward. I need to
treat those people very differently
103
00:07:03.460 --> 00:07:07.440
than people who just I never got their
attention successfully, right? So
104
00:07:07.440 --> 00:07:10.740
there's this other class companies who
they were on my target account list.
105
00:07:10.750 --> 00:07:14.780
But I I just We never had a meaningful
engagement. We did lots of things.
106
00:07:14.780 --> 00:07:17.840
Maybe they attended an event here and
there or they downloaded something. But
107
00:07:17.840 --> 00:07:20.990
we never got to the point where we had
a meeting. That's a really different
108
00:07:20.990 --> 00:07:24.500
kind of folks, and we do something
different with them on. Then there's
109
00:07:24.500 --> 00:07:29.230
like a third classifications, which
says, you know, turns out they should
110
00:07:29.230 --> 00:07:32.650
never probably have been on our target
a countless after all, let's look at
111
00:07:32.650 --> 00:07:37.640
how they got there and determined.
Maybe we're just really bad fit, and we
112
00:07:37.640 --> 00:07:43.610
shouldn't be pursuing those, and we
need to treat all three of those groups
113
00:07:43.610 --> 00:07:49.370
differently. Dan with what we do next?
I never considered I'm like, Oh, but it
114
00:07:49.370 --> 00:07:52.780
makes so much sense. I'm like, I didn't
even have a area in my mind for like,
115
00:07:52.780 --> 00:07:56.030
Oh, what if we just targeted them wrong,
even though with the way we do
116
00:07:56.030 --> 00:08:00.900
podcasting and stuff that happens, like
all the time. But that's like a do not
117
00:08:00.900 --> 00:08:05.610
follow up with list. Or maybe it is. It
would be interesting. Well, you know
118
00:08:05.610 --> 00:08:09.260
what you don't want when you get to
know someone sometimes, right? So
119
00:08:09.260 --> 00:08:12.510
sometimes it appeared that they were
the right company to be on a target of
120
00:08:12.510 --> 00:08:16.050
countless. They were the right size and
they did the right thing and they were
121
00:08:16.050 --> 00:08:21.970
in the right space for us. But then
when As we got to know them, we found
122
00:08:21.970 --> 00:08:25.120
out that they actually aren't in the
same business we thought they were in
123
00:08:25.120 --> 00:08:28.770
or they have a different kind of need.
Or maybe in your case, they have their
124
00:08:28.780 --> 00:08:32.980
own in house podcasting studio, like
right? You wouldn't know that you
125
00:08:32.980 --> 00:08:36.390
couldn't tell that on the surface. You
would only know that when you engage
126
00:08:36.390 --> 00:08:41.950
with them. So those people who should
not have been really ever targeted or
127
00:08:41.950 --> 00:08:45.620
we learned along the way something that
would signal that we don't do anything
128
00:08:45.620 --> 00:08:49.470
with them. All right, wait. Like okay,
you know, we're gonna retire them from
129
00:08:49.470 --> 00:08:53.320
our from our list if they're subscribed
to some newsletters and things and you
130
00:08:53.320 --> 00:08:56.210
want to stay in touch, I believe, you
know, sharing information openly with
131
00:08:56.210 --> 00:08:59.400
people who want to be that information
shared. But you stopped actively
132
00:08:59.400 --> 00:09:03.500
pursuing that group. That's easy, right?
That's an easy one. Okay? And it seems
133
00:09:03.500 --> 00:09:07.680
like the ones that didn't buy from you
because of a specific feature set or
134
00:09:07.680 --> 00:09:11.020
they're locked into a contract. And
while there might be some particulars
135
00:09:11.020 --> 00:09:15.290
there, those ones would also beyond
that. Could probably take off the right.
136
00:09:15.290 --> 00:09:22.940
I'm glad. No. So 100% not do that. So
But you're by the way, Dan, you have
137
00:09:22.940 --> 00:09:26.880
the reaction that most people dio. So
what you're thinking is what most
138
00:09:26.890 --> 00:09:31.020
organizations dio we haven't. They have,
You know, we learn something about them.
139
00:09:31.020 --> 00:09:35.250
They're not gonna buy from this in the
next. Let's call it two years. So we
140
00:09:35.250 --> 00:09:38.780
stopped looking at. But if it's if it's
truly the kind of account that you
141
00:09:38.780 --> 00:09:42.250
could go and you have a long sales
cycle and you have a complex business
142
00:09:42.440 --> 00:09:47.430
and lots of people are involved in a
buying committee. You actually want to
143
00:09:47.430 --> 00:09:51.950
maintain a relationship with that
account. How you do that will look very
144
00:09:51.950 --> 00:09:55.630
different from someone who might be in
an active by process. But you still
145
00:09:55.630 --> 00:09:59.840
want Thio have a relationship with them.
You still wanna be including them. So
146
00:09:59.840 --> 00:10:04.100
when they already they think of you and
they include you on the short list of
147
00:10:04.100 --> 00:10:09.100
consideration. Wow. Okay, so you do
follow up with these people, but in a
148
00:10:09.100 --> 00:10:12.350
different way. And it's probably
because, like, they might go with the
149
00:10:12.350 --> 00:10:16.800
competitors er and be unhappy with that
competitors, right? It's like or the
150
00:10:16.800 --> 00:10:21.750
people who chose that leave the company.
And now, now the new people aren't very
151
00:10:21.750 --> 00:10:24.870
happy with the decisions that were made
in the past, and maybe they're waking
152
00:10:24.870 --> 00:10:28.330
up to it. Is that kind of like a thing
you're thinking of? Totally. That's
153
00:10:28.330 --> 00:10:32.470
exactly right. And we may enhance our
solution in some way. That fills the
154
00:10:32.470 --> 00:10:37.090
gap that we weren't able to meet for
them. You know, like so 100. You're
155
00:10:37.100 --> 00:10:39.990
You're exactly thinking about that
correctly, and then you've got those
156
00:10:39.990 --> 00:10:45.060
people in the middle who just never
engaged. And it's tempting to say, Well,
157
00:10:45.060 --> 00:10:47.950
we're just not going, you know? We're
going to give up They stopped engaging
158
00:10:47.950 --> 00:10:52.160
with us. We're just we're gonna, you
know, put him on hold. But in fact, if
159
00:10:52.640 --> 00:10:57.570
everything we believe is that they were
a good fit for our business and they
160
00:10:57.570 --> 00:11:01.910
haven't engaged, that's on us. We
haven't found a way to engage with them
161
00:11:01.920 --> 00:11:05.950
that makes sense and resonate. So we
have more homework to do to get to know
162
00:11:05.950 --> 00:11:10.050
those people at those companies and
those companies better. And it's our
163
00:11:10.050 --> 00:11:15.630
job to find and test other waves of
getting their attention. And then once
164
00:11:15.630 --> 00:11:19.150
we've engaged enough, we can make the
decision if never should have been on
165
00:11:19.150 --> 00:11:23.920
target list or it's the long game. The
fact is, a B M is a long game. We can't
166
00:11:23.920 --> 00:11:28.720
treat it like individual campaigns like
we do other types of accounts. Now
167
00:11:28.720 --> 00:11:32.510
people can actively opt out of
communicating with you and unsubscribe
168
00:11:32.510 --> 00:11:36.740
from you, and you have to honor and
respect those things. But people opt
169
00:11:36.740 --> 00:11:42.210
out, not companies, and so if we have
not done a good job of of engaging the
170
00:11:42.210 --> 00:11:45.290
three people that we happen to have in
our database. But there are three other
171
00:11:45.290 --> 00:11:51.090
people who are equally qualified to
participate in the evaluation process
172
00:11:51.090 --> 00:11:55.160
and did give us insight into their
needs. We shouldn't give up on those
173
00:11:55.160 --> 00:12:00.020
folks. Okay, so it's almost like at the
end, maybe at the end of a cycle or end
174
00:12:00.020 --> 00:12:03.440
of a campaign, you might want to take
all the ones who didn't make it all the
175
00:12:03.440 --> 00:12:06.680
way through and do an analysis of them
collectively and be like. Or is there a
176
00:12:06.680 --> 00:12:10.700
reason why some some didn't in some did.
You might be able to find a correlation
177
00:12:10.700 --> 00:12:15.820
and industry or, I don't know, maybe
their content. They maybe they all read
178
00:12:15.820 --> 00:12:20.320
of same piece of content. It sucked or
something, um, to see if there is some
179
00:12:20.320 --> 00:12:24.670
way you could troubleshoot it or you
could go down to the individual account
180
00:12:24.670 --> 00:12:28.200
level and do a little bit more homework
to see if they were one the right
181
00:12:28.200 --> 00:12:33.510
account or two. Yeah, yeah, right. And
there's another factor we have to
182
00:12:33.510 --> 00:12:38.470
remind ourselves about, and that is
that very little, and I don't actually
183
00:12:38.470 --> 00:12:42.630
have a percentage, although I've heard
percentages of you know, 10% 5. Who
184
00:12:42.630 --> 00:12:46.750
knows what the actual number is? But
very little of what a buyer on account
185
00:12:46.760 --> 00:12:51.080
does in terms of their exploration of
our category of solutions happens in
186
00:12:51.080 --> 00:12:54.820
our own properties. Most of what they
do, we never see. It's not on our
187
00:12:54.820 --> 00:13:01.280
website. It's not with our content. And
so if a B M is a real strategy for us,
188
00:13:01.280 --> 00:13:05.970
we're smart to get better at using
third party signals. Whether that's
189
00:13:05.970 --> 00:13:11.510
data out of review sites, whether
that's data out of media companies,
190
00:13:11.520 --> 00:13:15.510
maybe it's data coming out of a company
like Tech Target with their priority
191
00:13:15.510 --> 00:13:23.040
engine. And there's lots of others in
that space who look at and measure
192
00:13:23.050 --> 00:13:27.590
interest in the topic. But they do it
on their own properties that we don't
193
00:13:27.590 --> 00:13:32.330
have any other way of seeing. And so
before we say this is a company who
194
00:13:32.330 --> 00:13:37.090
will never be interested and we're not
worth pursuing, we have to try and
195
00:13:37.090 --> 00:13:43.110
gauge not just in what marketing sees,
but what in third party sees, what with
196
00:13:43.110 --> 00:13:47.450
the sales team is engaging in learning
right we may have somebody who's super
197
00:13:47.450 --> 00:13:51.190
engaged with our marketing content,
right? We may be just crushing the
198
00:13:51.190 --> 00:13:55.160
marketing content, doing an amazing job
and the sales persons like, Hey, I've
199
00:13:55.160 --> 00:13:59.340
had four conversations with them. I've
talked to six different people. There
200
00:13:59.340 --> 00:14:04.010
are 100% not a good fit for us. We
should listen to that signal, right,
201
00:14:04.010 --> 00:14:08.190
And know that. So what are some of the
ways to get data you mentioned? Like
202
00:14:08.200 --> 00:14:12.480
some broad third party services. But I
mean six cents. This is like their
203
00:14:12.480 --> 00:14:15.260
thing. This is what they advertise.
They, like, made a whole category of
204
00:14:15.260 --> 00:14:20.600
the dark funnel, which was super clever
to try toe help. Marketers understand
205
00:14:20.600 --> 00:14:24.430
that they don't have the complete
picture of the story and that therefore,
206
00:14:24.430 --> 00:14:27.140
you need six cents in order to do that.
But let's suppose I don't have six
207
00:14:27.140 --> 00:14:30.990
cents. What are some way Second,
illuminate some of this dark funnel in
208
00:14:30.990 --> 00:14:35.400
order to understand better. What part
of the funnel there in? Yeah. I mean
209
00:14:35.400 --> 00:14:39.930
the ways that you you could get signals
from people in lots of ways. So one of
210
00:14:39.930 --> 00:14:43.550
the ways that you could get signal is
how you create content and what you
211
00:14:43.550 --> 00:14:48.460
call that content, right? So the
content that somebody consumes tells me
212
00:14:48.460 --> 00:14:53.550
a lot about what's important to them,
so that, you know, broadening the kinds
213
00:14:53.550 --> 00:14:57.040
of things that I'm pushing out through
campaigns is such as is definitely a
214
00:14:57.040 --> 00:15:00.670
signaling that you want to pay
attention. Thio looking and studying at
215
00:15:00.670 --> 00:15:04.360
the context Social profiles? What are
they talking about? What are they
216
00:15:04.360 --> 00:15:07.060
posting? What seems important to them
217
00:15:08.240 --> 00:15:13.150
trying to figure out and talk to the
conversations that your sales team are
218
00:15:13.150 --> 00:15:16.960
having with people? What are they
learning? You know, some of this stuff
219
00:15:16.970 --> 00:15:22.580
can't be automated. I can't necessarily
take all the notes of sales person has
220
00:15:22.580 --> 00:15:26.600
in my salesforce system or whatever.
You know, Salesforce automation system
221
00:15:26.600 --> 00:15:33.080
I use and and run a report that tells
me everything I might want to know
222
00:15:33.080 --> 00:15:35.480
about that account. But in account
based marketing model, what we're
223
00:15:35.480 --> 00:15:40.300
saying is we're not going after an
undefined set of accounts that have a
224
00:15:40.300 --> 00:15:44.370
profile. We're going after this set of
accounts, and so it gives us the
225
00:15:44.370 --> 00:15:48.540
opportunity to sit down and do
quarterly account reviews with the
226
00:15:48.540 --> 00:15:54.280
sales team and really be detailed about
what we're learning what's what. What's
227
00:15:54.280 --> 00:15:57.320
happening in the press about the
company. What do we what do we read in
228
00:15:57.320 --> 00:16:02.160
their annual reports? Right? There's
all kinds of ways to capture
229
00:16:02.160 --> 00:16:07.420
intelligence. The problem is that we
use marketers have gotten a little lazy
230
00:16:07.430 --> 00:16:12.080
and our little dependent on automatic
data feeds. And if we don't have an
231
00:16:12.080 --> 00:16:15.410
automatic data feed, were a little
dismissive of it because we say we
232
00:16:15.410 --> 00:16:19.370
can't scale well. It is true. We can't
scale it, but that doesn't mean it's
233
00:16:19.370 --> 00:16:22.980
not worth doing well. I mean, yeah, I
mean these air, if these are our top
234
00:16:22.990 --> 00:16:27.830
100 or more accounts than it's worth
doing the manual effort for I mean, I'm
235
00:16:27.830 --> 00:16:30.650
all for the manual stuff. I mean, you
know, sweet fish media. So and we know
236
00:16:30.650 --> 00:16:36.520
we like toe have our guest prospects on
is as our ideal buyer's on his guests
237
00:16:36.520 --> 00:16:41.550
on the podcast, which is very oneto,
one manual approach as much as we try
238
00:16:41.550 --> 00:16:46.160
to automate little pieces of it. So I
know I'm not afraid to do the manual
239
00:16:46.160 --> 00:16:49.460
things, and it's fun to actually look
at. I was writing down as you were
240
00:16:49.460 --> 00:16:52.840
talking as fast as I could, I'm like,
Okay, so go look at their social
241
00:16:52.840 --> 00:16:55.910
profiles. What are they talking about?
It's just so practical. It's And
242
00:16:55.910 --> 00:16:58.380
sometimes you just forget like, Oh,
what's already out there that they're
243
00:16:58.380 --> 00:17:02.300
putting out there? What its sales learn
from them? What conversations? Have
244
00:17:02.300 --> 00:17:05.010
there been any conversation? Do you
have to go look in your own CRM to see
245
00:17:05.010 --> 00:17:08.069
what's conversations have been had? And
then what are they putting out his
246
00:17:08.069 --> 00:17:11.680
press releases, annual reports, maybe
even content marketing that they're
247
00:17:11.680 --> 00:17:16.260
doing in order to give you some
indicators that they're where they're
248
00:17:16.260 --> 00:17:19.920
at. So those are all highly, highly
practical things that you can use to
249
00:17:19.920 --> 00:17:23.550
troubleshoot accounts. Yeah, and the
last thing that I would just remind us
250
00:17:23.550 --> 00:17:28.840
of. And I know you know this, but I
think it's worthy. Is we as markers in
251
00:17:28.840 --> 00:17:33.970
a B M? I got a little email and add
dependent, and we have to remember,
252
00:17:33.970 --> 00:17:37.280
just because somebody is not reading
our emails doesn't actually mean
253
00:17:37.280 --> 00:17:42.190
they're no longer a good fit for us,
and so or that we could add value to
254
00:17:42.190 --> 00:17:48.190
them. And so, until we really the
mission of early a BM programs and
255
00:17:48.190 --> 00:17:52.270
campaigns is about collecting insights
about the accounts were going after.
256
00:17:52.270 --> 00:17:55.290
Sure, I want to get meetings. Of course,
I want to get meetings. That's not
257
00:17:55.290 --> 00:17:58.080
gonna happen overnight with all those
accounts. I want to get intelligence
258
00:17:58.080 --> 00:18:01.640
about those accounts. Then once I have
that intelligence now, I could make
259
00:18:01.640 --> 00:18:04.580
decisions about what do I do? I
continue to nurture the relationship.
260
00:18:04.590 --> 00:18:08.850
If I do. In what way do we have the
right context? Do we not have the right
261
00:18:08.850 --> 00:18:13.720
context? How engaged a salesman? How do
we do better at that and so thes
262
00:18:13.720 --> 00:18:18.640
qualitative account review processes? I
like to do them every quarter. I know
263
00:18:18.640 --> 00:18:24.290
that's ambitious. I think most people
do it once or twice a year, but they're
264
00:18:24.300 --> 00:18:30.470
highly important to having repeatable,
consistent success with your A B. M.
265
00:18:30.470 --> 00:18:34.960
You're going to get a boost with a B M
right away, almost no matter what you
266
00:18:34.960 --> 00:18:38.970
do. Unless you do something really
foolish, you just by focusing, you're
267
00:18:38.970 --> 00:18:43.130
going to start to see some bump. But
what happens is people get a bump and
268
00:18:43.130 --> 00:18:46.380
then they quickly hit a plateau and
they get to the plateau and they get
269
00:18:46.380 --> 00:18:49.120
stuck and we don't know what to do yet.
Well, that's where you really need to
270
00:18:49.120 --> 00:18:52.790
dig into those accounts and what you've
learned about them and adjust your
271
00:18:52.790 --> 00:18:57.420
strategies and adjust your tactics and
use multiple ways of going after. Those
272
00:18:57.420 --> 00:19:01.480
folks confirm you have the right
contacts and multiple contacts do all
273
00:19:01.480 --> 00:19:06.170
the normal things that you might want
to do around good campaign hygiene.
274
00:19:06.840 --> 00:19:13.180
Ma'am, it's so good to circle back
around the group that they didn't buy,
275
00:19:13.640 --> 00:19:17.630
um, the people that didn't pick you
before, maybe a specific feature. Maybe
276
00:19:17.630 --> 00:19:20.200
they're locked into a contract, even
though they had a conversation with
277
00:19:20.200 --> 00:19:25.150
sales. What do you recommend to do to
follow up with those those people? Look,
278
00:19:25.150 --> 00:19:28.430
we're playing the long game. Just stay
in touch with them like you normally do
279
00:19:28.440 --> 00:19:31.900
have. When you see when you create
something that's an interesting and
280
00:19:31.900 --> 00:19:36.180
compelling content for them, send it to
them when you create a form and round
281
00:19:36.180 --> 00:19:39.570
table discussions and you think that
they would add and contribute to that
282
00:19:39.570 --> 00:19:43.330
and they would take away something,
invite them right. We have to not be
283
00:19:43.330 --> 00:19:48.560
afraid to engage all those people that
we think aren't ready for us. Um,
284
00:19:48.570 --> 00:19:52.130
that's Okay. What we don't want to do
is stick them on a sales person. And
285
00:19:52.130 --> 00:19:54.600
what am I gonna see? My demo When I'm
gonna get my demo. What am I gonna get
286
00:19:54.600 --> 00:19:57.650
my demo, right? Let me just call you.
Call. You call, you call. You call you
287
00:19:57.650 --> 00:20:01.550
until you hang up on me for the 87th
time, right? We don't want to do that.
288
00:20:01.550 --> 00:20:04.970
What we want to do is continue to
nurture, truly nurture those
289
00:20:04.970 --> 00:20:10.020
relationships at value. And what What's
hard for marketers to wrap our heads
290
00:20:10.020 --> 00:20:15.560
around, including me, is what I've
experienced in the past. We have this
291
00:20:15.560 --> 00:20:20.350
notion that frequency of cadence is
meaningful and that what we need to do
292
00:20:20.350 --> 00:20:25.260
is to stay in front of someone is be in
front of them all the time. However, if
293
00:20:25.260 --> 00:20:28.350
this is the long game and there's
someone we know is not going to be
294
00:20:28.350 --> 00:20:33.310
buying from us for a year or two for
whatever those reasons are regular,
295
00:20:33.320 --> 00:20:37.360
like weekly cadences and even monthly
cadences, they don't make sense. They
296
00:20:37.370 --> 00:20:41.950
they annoy more than they help. What
you want to do is sporadic ad hoc
297
00:20:41.950 --> 00:20:47.490
things to stay in front of them.
periodically and not overly scheduled
298
00:20:47.500 --> 00:20:53.910
that outreach. But to truly engage them
in the places of the times that are
299
00:20:53.910 --> 00:20:58.130
gonna be useful, I'll give. So I'll
give you an example. I got an email
300
00:20:58.130 --> 00:21:03.670
from asking for a meeting from someone
for CEO of a company that I talked Teoh
301
00:21:03.680 --> 00:21:07.270
a while ago. And he has, like, I think
I finally have a project for you. So I
302
00:21:07.270 --> 00:21:10.420
went back and I'm like, Oh, awesome. I
recognize the name. I knew who they
303
00:21:10.420 --> 00:21:14.430
were, But I was like, What was the last
time I actually had, like, a meaningful
304
00:21:14.430 --> 00:21:17.770
sales conversation with them? Would you
like to guess one that waas. This
305
00:21:17.770 --> 00:21:21.370
happened last week when the last time
that a meaningful sales conversation
306
00:21:21.370 --> 00:21:25.540
happened when I let her meaningful
sales conversation with them. Waas have
307
00:21:25.540 --> 00:21:32.190
no idea. 2000 and 16, 2000 and 16 And I,
you know they're connected to me on
308
00:21:32.190 --> 00:21:35.330
social, like every once in a while
would send them something I thought was
309
00:21:35.330 --> 00:21:38.770
interesting on our block. They didn't
subscribe to anything. I didn't send
310
00:21:38.770 --> 00:21:41.650
them in a regular cadence of
communication. They weren't in une
311
00:21:41.650 --> 00:21:48.120
email drip right? But when there was a
project that was a good fit that we
312
00:21:48.120 --> 00:21:52.490
could serve. They thought about us and
they reached out right away. That's
313
00:21:52.490 --> 00:21:57.960
really what A B M is about, is not
about. It's not about frequency. It's
314
00:21:57.960 --> 00:22:04.780
about quality engagement. Today's
episode is sponsored by Lincoln. Did
315
00:22:04.780 --> 00:22:08.650
you know over 62 million decision
makers are on Lincoln? It's the reason
316
00:22:08.650 --> 00:22:12.860
why I and attentive other B two B
marketers spend hours marketing on
317
00:22:12.860 --> 00:22:17.300
Lincoln every week. In fact, recently,
I just pulled the report that informed
318
00:22:17.310 --> 00:22:21.730
our team had sweet fish that Lincoln
had produced three times Thea Mount of
319
00:22:21.730 --> 00:22:26.190
new customers in the last 90 days than
the next lead source. Three times guys.
320
00:22:26.200 --> 00:22:31.560
It was a lot. There is not a better
platform to research your key accounts.
321
00:22:31.570 --> 00:22:35.620
Find the exact people you want to
connect with and actually engage them
322
00:22:35.630 --> 00:22:41.500
in a variety of meaningful ways. Do
business where business is done. Get a
323
00:22:41.500 --> 00:22:46.150
$100 advertising credit toward your
first Lincoln campaign. Visit Lincoln
324
00:22:46.150 --> 00:22:53.130
dot com slash BB growth Lincoln dot com
slash btb Growth terms and conditions
325
00:22:53.130 --> 00:22:58.960
apply. Something we're planning on
doing is trying to figure out and
326
00:22:58.960 --> 00:23:02.650
better somewhat qualified people within
after they become a guest on the
327
00:23:02.650 --> 00:23:07.120
podcast. And ah, lot of my customers
even asked me like, When do you sell to
328
00:23:07.120 --> 00:23:10.690
them? I'm like, Well, it's hard to like
sell to someone right after they've
329
00:23:10.690 --> 00:23:13.230
been a guest on the podcast, right?
Because that seems like a little bait
330
00:23:13.230 --> 00:23:17.280
and switch E right. But what we're
trying Thio experiment with is doing
331
00:23:17.280 --> 00:23:21.010
original research within the podcast
and maybe mixing in a few questions in
332
00:23:21.010 --> 00:23:23.860
there that air somewhat. A qualifying
questions I could see if there even in
333
00:23:23.860 --> 00:23:27.990
the market or send some signals, right
that maybe it be worth following up
334
00:23:27.990 --> 00:23:31.690
with some kind of consultation approach
a week or two later. But of course, a
335
00:23:31.690 --> 00:23:34.330
lot of people won't be in the market,
which means I'll have to come up with a
336
00:23:34.340 --> 00:23:39.220
follow up plan for everybody who might
be what I call a future a future fit.
337
00:23:39.230 --> 00:23:42.320
There might not be ready to buy now,
but it doesn't mean they won't be later.
338
00:23:42.330 --> 00:23:45.860
And if I did my homework, I know they
don't have a podcast, right? Those
339
00:23:45.860 --> 00:23:49.860
would be a nice CP for us. They don't
have a podcast, but I'd I'd have to put
340
00:23:49.860 --> 00:23:53.820
him in a queue to see like, Well, maybe
I wanna have them on a block post later
341
00:23:53.820 --> 00:23:56.640
or contribute to a block post. Lots of
the guests can contribute to a block
342
00:23:56.640 --> 00:24:00.540
post around a specific question. Do a
round up of some kind or a clubhouse or
343
00:24:00.540 --> 00:24:04.000
some things like that. Is that is that
what you're essentially saying is have,
344
00:24:04.000 --> 00:24:07.880
like a bunch of things you could do it
to reach back into your your queue of
345
00:24:07.880 --> 00:24:11.090
people in your account based marketing
programs that you can have contribute
346
00:24:11.090 --> 00:24:14.780
to, or that you can add value to in
different ways. Yeah, you just wanna
347
00:24:14.790 --> 00:24:19.350
you wanna Siris of things and the key
it. So the key is there's a couple of
348
00:24:19.350 --> 00:24:22.790
keys here and what you're you're
describing. So one of them is there are
349
00:24:22.790 --> 00:24:26.950
times when you need a steady and
regular weekly daily whatever cadence
350
00:24:26.960 --> 00:24:29.870
of reaching out to people and highly
integrated. That's when they're in an
351
00:24:29.880 --> 00:24:33.460
active by cycle. That's when you want
to be really sort of regimented with
352
00:24:33.540 --> 00:24:36.870
with your cadences and your
communications that are going out when
353
00:24:36.870 --> 00:24:43.550
I'm not in an active by cycle. I want
to have regular good reasons to engage
354
00:24:43.550 --> 00:24:48.130
and teach out to them and and and just
thio just to be in touch with them and
355
00:24:48.130 --> 00:24:52.640
build a relationship with them and and
continue for them to know what we do in
356
00:24:52.640 --> 00:24:56.860
a soft way, right? Which isn't sending
them your brochure, right? The first
357
00:24:56.860 --> 00:25:00.940
time I hired James to do my podcast,
right for sweet Fish media wasn't
358
00:25:00.940 --> 00:25:04.780
because he sent me like, Hey, we've got
this new package that's going out. It's
359
00:25:04.780 --> 00:25:10.090
because I've been reading from him how
podcasting could be used to build
360
00:25:10.090 --> 00:25:13.950
relationships. And I was intrigued and
he'd show me in the way he engaged with
361
00:25:13.950 --> 00:25:19.570
me and I bought into the concept. And
so now I'm in an active by cycle and
362
00:25:19.580 --> 00:25:23.170
we're gonna go have a conversation
about what that looks like. It's the
363
00:25:23.170 --> 00:25:28.810
same thing for any any complex product
or service that we sell. It's just
364
00:25:28.820 --> 00:25:35.730
about staying connected to people and
being someone that they know toe Look,
365
00:25:35.730 --> 00:25:39.230
Thio, it was really interesting
phenomenon, my own consulting practice
366
00:25:39.230 --> 00:25:44.410
that I've noticed over the years I
would I would guess, you know, my very
367
00:25:44.420 --> 00:25:50.020
unscientific, you know, back of napkin,
probably 15 or so percent of the
368
00:25:50.020 --> 00:25:53.740
business that comes to me that people
come and ask me for business. They
369
00:25:53.740 --> 00:25:57.210
actually our first coming to be, Hey,
do you know anybody that does? They
370
00:25:57.210 --> 00:26:00.870
didn't even realize that I did it. They
were just know that I have a good
371
00:26:00.870 --> 00:26:04.200
network of people and they trust my
judgment. And they believe that, you
372
00:26:04.200 --> 00:26:08.210
know, I'm gonna introduce them to good,
strong people. And they say, In fact, I
373
00:26:08.210 --> 00:26:12.830
do know people. But did you know I also
do that? It's like, Oh my gosh, that's
374
00:26:12.830 --> 00:26:16.020
great, Samantha. I never thought of
that right. People don't have to know
375
00:26:16.030 --> 00:26:20.610
everything they do. They just have to
trust you and know the space that you
376
00:26:20.620 --> 00:26:25.280
operate in. And then they engage you
when you have an opportunity to
377
00:26:25.280 --> 00:26:29.090
continue to build on those those
relationships. And that's very
378
00:26:29.090 --> 00:26:34.490
different than how sales and marketing
has traditionally gone. After pursuing
379
00:26:34.490 --> 00:26:39.630
opportunities, it is Dittemore
different than I sometimes think we
380
00:26:39.630 --> 00:26:43.890
remember. I know James talks about this
all the time. In fact, he's is a little
381
00:26:43.900 --> 00:26:47.570
app to help him call fabric, which is
like on his phone that's actively
382
00:26:47.570 --> 00:26:51.000
reminding him toe like reach out to
people. It's like, Hey, it's been a
383
00:26:51.000 --> 00:26:54.260
while. It's not even part of, like our
hub spot CRM or anything like that. But
384
00:26:54.260 --> 00:26:57.070
she just got praise. Probably got like
dozens of people in there. It's like,
385
00:26:57.070 --> 00:27:00.170
Hey, you haven't you haven't talked to
so and so for a long time Shoot them a
386
00:27:00.170 --> 00:27:03.170
text, You know, it is constantly
reminding him to do that. He's, but
387
00:27:03.170 --> 00:27:07.520
he's kind of the the networking power
like he's, I don't know. What do you
388
00:27:07.520 --> 00:27:11.910
call those the like? This 66 degrees of
separation? He's a super connected with
389
00:27:11.910 --> 00:27:17.370
money. He's so good at it. But what,
like us mere mortals who aren't like
390
00:27:17.380 --> 00:27:21.950
James Carberry or like Samantha Stone,
what are some things we can do? I mean,
391
00:27:21.950 --> 00:27:25.010
obviously, I try to be as helpful as
possible to people all the time on
392
00:27:25.010 --> 00:27:27.810
LinkedIn, right? If people ask me a
question, I send them a video message,
393
00:27:27.810 --> 00:27:30.810
and I'm like, What else? Any other
Anything else you want to know? Let me
394
00:27:30.810 --> 00:27:34.030
know, and I'm here to help, right? So I
try to be as helpful as possible, but
395
00:27:34.030 --> 00:27:38.060
still, I find I'm not reaching out to
some people as actively as I'd like to.
396
00:27:38.060 --> 00:27:41.510
And it's not because they didn't I just
didn't have necessarily an opportunity
397
00:27:41.510 --> 00:27:44.100
or they didn't drop something for me to
be like. Oh, they really liked this
398
00:27:44.100 --> 00:27:48.510
thing. I should follow up with them
about that. What do you do when you
399
00:27:48.510 --> 00:27:52.170
want to do that? Well, but maybe you're
not in the habit of it. How do you
400
00:27:52.180 --> 00:27:56.920
build some systems into your life In
orderto follow up with people I'm
401
00:27:56.920 --> 00:27:59.870
getting? You have some like, pre made
things that you're like, OK, Every once
402
00:27:59.870 --> 00:28:02.750
in a while we do something like this.
But how do you become a little bit more
403
00:28:02.750 --> 00:28:07.150
spontaneous, too? Yeah, that's a really
good question. And I and I will say
404
00:28:07.160 --> 00:28:11.550
that I am by no means the best person
that you know, doing this now. You know,
405
00:28:11.560 --> 00:28:14.910
our conversation would lead you to
believe that I am always on top of
406
00:28:14.910 --> 00:28:18.330
every I know everybody's birthday and
I'm like, That's just not true. Like
407
00:28:18.330 --> 00:28:22.970
not not really, but I am pretty good
about when I see something. Oh, I could
408
00:28:22.980 --> 00:28:26.070
always think when I when we're doing
something, I always think of what are
409
00:28:26.070 --> 00:28:29.360
the three people in my world who are
most going to get excited about that,
410
00:28:29.640 --> 00:28:32.280
right? So part of it is looking at
everything. We're doing it just being
411
00:28:32.280 --> 00:28:36.630
consciously take a second to say Who's
going to really think this is cool and
412
00:28:36.630 --> 00:28:40.790
I'm gonna go reach out to them? The
other thing that I do is I do carve off
413
00:28:40.800 --> 00:28:45.240
into my calendar 15 minutes the
beginning of the day and 15 minutes at
414
00:28:45.240 --> 00:28:50.240
the end of the day where I do nothing
but brow social media. I have no
415
00:28:50.240 --> 00:28:56.040
specific intention about what I'm going
to do with it. I just know if something
416
00:28:56.040 --> 00:28:59.210
pops up, if somebody's posted something
that I think is interesting, funny,
417
00:28:59.210 --> 00:29:03.590
clever, needs a hug, right? Like I
wanna be able to respond to that. Now
418
00:29:03.590 --> 00:29:07.790
I'm I'm not. You know, I don't spend a
half hour a day every day doing that,
419
00:29:07.800 --> 00:29:11.750
but because it's on my calendar for a
half hour every day, several times a
420
00:29:11.750 --> 00:29:15.580
week, I actually get to it. The other
thing that I do is really silly Dan,
421
00:29:15.590 --> 00:29:20.240
and this is not a little bit like I
literally go through the contacts of my
422
00:29:20.240 --> 00:29:24.210
phone and every once in a while, I just
scroll through. And like, Oh, I haven't
423
00:29:24.210 --> 00:29:29.420
talked Thio. You know Kwamie in a while
I'm gonna just, you know, send Kwamie a
424
00:29:29.420 --> 00:29:33.890
quick note, right? Like I don't have
anything to push. I don't have anything
425
00:29:33.900 --> 00:29:39.900
I want to say Hi, right? Like and
really those things air. Okay, We don't
426
00:29:39.910 --> 00:29:44.590
always have to have a specific action.
We want someone to take to reach out
427
00:29:44.590 --> 00:29:47.550
its relations. Now that's different
than marketing campaigns, right? That's
428
00:29:47.550 --> 00:29:51.620
sort of the the sales relationship
piece of it from a marketing campaign
429
00:29:51.620 --> 00:29:57.060
standpoint, our job is marketers is to
give the sales team who is making these
430
00:29:57.060 --> 00:30:00.490
engagements and at which interesting
things to talk about and reach out
431
00:30:00.490 --> 00:30:05.720
about to give them things to say, Who's
five people who might want that? Let me
432
00:30:05.720 --> 00:30:10.170
go. Put that in front of them right now
on the last thing that I would just say
433
00:30:10.540 --> 00:30:17.780
is it is incumbent on us to produce
content ourselves. Most of the people
434
00:30:17.790 --> 00:30:22.590
in my network who reach out about
projects I actually have not actively
435
00:30:22.590 --> 00:30:27.110
engaged with them in quite some time,
but they have been silently without my
436
00:30:27.110 --> 00:30:31.160
knowledge reading things that I'm
posting. And when I do talk, I'm like,
437
00:30:31.160 --> 00:30:35.400
Oh, yeah, you know, I never told you,
but I thought that article on X was
438
00:30:35.400 --> 00:30:39.020
really interesting. Or thank you for
sharing this thing. I found that
439
00:30:39.020 --> 00:30:45.090
helpful. And so we do have to remember
that just because somebody didn't
440
00:30:45.090 --> 00:30:51.440
comment on or respond to our share
doesn't mean they didn't see it. And
441
00:30:51.450 --> 00:30:55.560
that's valuable. As long as we're doing
things that are of good quality and
442
00:30:55.560 --> 00:31:00.030
relevance, that's good. I like the tip
specifically about just browsing your
443
00:31:00.040 --> 00:31:04.410
calendar or now your contact list every
once in a while. And it could be your
444
00:31:04.410 --> 00:31:07.770
Facebook, your Twitter. You're linking
connections. Something like that just
445
00:31:07.770 --> 00:31:10.830
going through the whole list every once
in a while on finding, finding so and
446
00:31:10.830 --> 00:31:14.470
so on remembering for us, it would
probably our podcast cast. I could roll
447
00:31:14.470 --> 00:31:17.370
through our podcast guest every once in
a while and be like, Oh, yeah, I should
448
00:31:17.370 --> 00:31:20.880
probably mention to so and so that I've
actually mentioned his episode, like a
449
00:31:20.880 --> 00:31:25.240
dozen times or something like that,
right? It's absolutely. And when you do
450
00:31:25.240 --> 00:31:28.850
do that, like just drop Hey, I was just
this actually came up the other day, a
451
00:31:28.850 --> 00:31:34.670
friend of mine was quoted in a Web
seminar I did with a vendor and I
452
00:31:34.670 --> 00:31:37.300
didn't even put the quote and the
person I was speaking with did. But I
453
00:31:37.300 --> 00:31:41.130
was like, Hey, hey, just like you know,
your name came up. Your ears must have
454
00:31:41.130 --> 00:31:44.390
been ringing. You know, it's great. And
we just had a lovely conversation. We
455
00:31:44.390 --> 00:31:47.990
hadn't connected in a while, right? I
had no ulterior motive. I wasn't trying
456
00:31:47.990 --> 00:31:52.960
to sell them anything. I legitimately
was just sharing something where their
457
00:31:52.960 --> 00:31:57.650
name had come up. And I specifically
like the tip of always looking for who
458
00:31:57.650 --> 00:32:00.660
in my network would also be excited
about this or you're looking at
459
00:32:00.660 --> 00:32:03.120
something, and maybe it's not exciting
to you, but it could be exciting to
460
00:32:03.120 --> 00:32:06.190
somebody else. And if you think about
it, you can usually think of a name
461
00:32:06.190 --> 00:32:09.250
that might be excited about that
particular thing. I mean, that that
462
00:32:09.250 --> 00:32:12.060
happens to me on linked in all the time,
especially for people who are asking
463
00:32:12.060 --> 00:32:14.510
for help on something that I know
nothing about. But I'm like, but I
464
00:32:14.510 --> 00:32:17.110
could think of somebody that does, and
you. You know, you could mention them
465
00:32:17.110 --> 00:32:20.880
and pull them into the conversation.
It's kind of that constantly exercising
466
00:32:20.880 --> 00:32:25.290
their relationship. I really like Keith
Frazee trying. Remember the name of
467
00:32:25.290 --> 00:32:29.290
that book never eat alone was really
big into that. Oh, that's a great
468
00:32:29.290 --> 00:32:33.740
concept. Yeah. You know, I think the
people you surround yourself make a
469
00:32:33.740 --> 00:32:38.810
very big difference because I don't
know. The answer is toe lots and lots
470
00:32:38.810 --> 00:32:42.810
of questions legitimate and and never
will. Sometimes I should know the
471
00:32:42.810 --> 00:32:45.510
answer, and it's gonna make me go look
for an answer. But a lot of times it's
472
00:32:45.510 --> 00:32:49.690
just not my area of expertise or or
something that I can comment on. And so
473
00:32:49.700 --> 00:32:54.510
but I often and in more cases than not,
know somebody who is an expert on that
474
00:32:54.510 --> 00:32:59.700
area. And then I can introduce. And it
has an effect, right? So building up
475
00:32:59.700 --> 00:33:03.030
those relationships and sometimes those
experts, by the way, your name brand
476
00:33:03.030 --> 00:33:06.360
recognize people that other people are
going to know. But a lot of times
477
00:33:06.360 --> 00:33:10.850
there's someone who doesn't have a
known external presence but are really
478
00:33:10.850 --> 00:33:14.670
good at what they dio and are more than
happy to have a quick. You know,
479
00:33:14.740 --> 00:33:18.280
virtual coffee chat with someone. I've
introduced them Thio to answer a
480
00:33:18.280 --> 00:33:23.590
question. Absolutely. So it makes It
certainly makes marketing and sales a
481
00:33:23.590 --> 00:33:27.060
lot more fun. When you don't always
have an agenda to bring right and
482
00:33:27.060 --> 00:33:30.510
actually find as a marketer, I'm maybe
I'm acting like a sales guy, but I'm
483
00:33:30.510 --> 00:33:34.270
not a sales guy. Um, but that I'm
actively just going and talking toe
484
00:33:34.840 --> 00:33:37.920
prospects all the time. In fact, I've
taken of sales call every once in a
485
00:33:37.920 --> 00:33:41.120
while just because they started asking
about services. And I'm not going to
486
00:33:41.120 --> 00:33:43.960
stop. Be like, hold on. Don't talk to
me. You're not allowed to talk to me
487
00:33:43.960 --> 00:33:47.470
about services when they get sales,
Mike, marketers need to jump in the
488
00:33:47.470 --> 00:33:51.310
sales seat, right? Oh, my God. I'm so
glad that you said that. Because how
489
00:33:51.310 --> 00:33:56.560
often is it e? But how often does that
really happen? We do that all the time.
490
00:33:56.570 --> 00:34:00.640
We use our BDR s or STRS or whatever
you wanna call them to do meeting,
491
00:34:00.640 --> 00:34:04.040
acquisition, but we don't train them
enough to have engaged. So I've got
492
00:34:04.040 --> 00:34:07.760
somebody on the phone who's who's
really interested in what we're doing
493
00:34:08.340 --> 00:34:12.300
and the person who's on the phone with
them on Lee Mission is to set up a
494
00:34:12.300 --> 00:34:15.100
meeting, and if they're ready for that,
hallelujah, that's great. But a lot of
495
00:34:15.100 --> 00:34:18.850
times they wanna talk, you know, I've
got them engaged. Why do we not have a
496
00:34:18.850 --> 00:34:22.380
hot hand off right now? At that moment,
at least of someone that I could stand
497
00:34:22.380 --> 00:34:25.000
to that could have the next
conversation. But no, we got a schedule
498
00:34:25.000 --> 00:34:30.940
you from a week from now. You know a B
M is about being focused so that we can
499
00:34:30.940 --> 00:34:36.739
do kinds of extraordinary things, like
break some of the silly workflow
500
00:34:36.739 --> 00:34:41.260
processes that we have in place and
build relationships in different ways
501
00:34:41.260 --> 00:34:46.659
and be better connected across our own
organization and how we interact with
502
00:34:46.670 --> 00:34:51.150
folks. It's a It's a luxury to be able
to do that. It isn't something that you
503
00:34:51.150 --> 00:34:54.830
could do in all markets and all kinds
of scenarios. But if you've done a good
504
00:34:54.830 --> 00:34:59.640
job a selecting your target account
list, it's pretty amazing what you
505
00:34:59.640 --> 00:35:04.190
could do with sales. I've actually been
a big fan of this, a B M concept coming
506
00:35:04.190 --> 00:35:07.950
from the BBC world, where you kind of
like you know, you target, But like
507
00:35:07.960 --> 00:35:10.200
just cause you're targeted, target
market doesn't mean you know who your
508
00:35:10.200 --> 00:35:12.770
marketing to. You're just kind of
throwing out your ads and your
509
00:35:12.770 --> 00:35:16.240
campaigns out there and, you know, as
they come farther down the funnel, then
510
00:35:16.240 --> 00:35:19.880
you get to know them. Hey, beams fun
because I actually know who exactly is
511
00:35:19.880 --> 00:35:22.830
the buyer already. And I could go and
have a conversation with them right
512
00:35:22.830 --> 00:35:27.440
away or within much sooner time, period,
right? Even if they're not in the
513
00:35:27.440 --> 00:35:31.310
market yet. It's opened up a whole new
world for me in a whole new realm of
514
00:35:31.310 --> 00:35:34.590
possibilities. But the amount of
information you get to work within the
515
00:35:34.590 --> 00:35:38.580
amount of mawr e don't know 1 to 1
personal relationships you get to
516
00:35:38.580 --> 00:35:42.110
building B two B. It's much more
exciting place to be than B to C and B
517
00:35:42.110 --> 00:35:45.900
D. C is usually held up Is the more
exciting marketing segment to be
518
00:35:45.900 --> 00:35:51.440
working at. But my God, I don't know.
I'm really enjoying, you know? Well,
519
00:35:51.440 --> 00:35:55.180
I'm a I'm a b two b junkie or, you know,
at least a complex sale junkie, I
520
00:35:55.180 --> 00:35:58.870
should say I don't it's not always be
to be, but I do think that we have a
521
00:35:58.870 --> 00:36:02.660
lot to learn from each other, right?
There's parts about traditional B two c
522
00:36:02.660 --> 00:36:07.610
marketing that I think we sometimes
forget and are afraid of around brand
523
00:36:07.610 --> 00:36:11.450
building and some of the money that
comes along with that and evangelism.
524
00:36:11.830 --> 00:36:16.560
And it is a luxury to be able to build
a multi. Think about this multi month,
525
00:36:16.560 --> 00:36:21.230
multi year relationship with a company
and instead of people, that's pretty
526
00:36:21.230 --> 00:36:25.340
exciting. And if you do it right,
that's a life at least a professional,
527
00:36:25.340 --> 00:36:29.710
life long relationship that you've
built right? That's something that when
528
00:36:29.710 --> 00:36:33.000
you come up with a different product or
you work somewhere else or, you know,
529
00:36:33.000 --> 00:36:37.290
like the something comes up. If you've
done it well, you've built that trusted
530
00:36:37.290 --> 00:36:41.590
relationship for the long haul. Doesn't
go away because your job within sweet
531
00:36:41.590 --> 00:36:46.540
fish media changed. Absolutely. James
has reminded me of that many times that
532
00:36:46.550 --> 00:36:51.120
we're here building even as a company,
and the sweet fish is kind of different
533
00:36:51.120 --> 00:36:53.820
in this and that they're into building
personal brands. Even if you were to go
534
00:36:53.820 --> 00:36:57.350
to leave sweet fish media that it's
still worthwhile for the company and
535
00:36:57.350 --> 00:37:01.000
for you to build it that way and have
you to build relationships with lots of
536
00:37:01.000 --> 00:37:05.960
people outside. And I think being
putting an emphasis on personal brands
537
00:37:05.960 --> 00:37:09.330
and personal relationships is certainly
working out for sweet fish so far. And
538
00:37:09.330 --> 00:37:13.760
I hope more companies embrace that
point. Yeah, you know, one of the
539
00:37:13.760 --> 00:37:18.200
things that I think is really important
in the A B M model and in this place,
540
00:37:18.200 --> 00:37:21.140
in particularly when you've got like,
Hey, they're not in by Psyche yet What
541
00:37:21.140 --> 00:37:25.260
do I do with them is to create intimate
experiences. Now, we can't do that in
542
00:37:25.260 --> 00:37:28.410
person for the most part right now and
might not be able to for quite some
543
00:37:28.410 --> 00:37:32.750
time. But you can create some pretty
amazing intimate experiences virtually.
544
00:37:33.030 --> 00:37:37.400
And, um, I did one recently for a
client, and it was a wine tasting,
545
00:37:37.400 --> 00:37:43.380
which isn't, you know, in and of itself,
any grand, you know, novel notion. But
546
00:37:43.380 --> 00:37:46.200
I think what made it work so well for
us, I mean, the feedback we got from
547
00:37:46.200 --> 00:37:49.830
attendees was incredible was because we
did a few things differently. We
548
00:37:49.830 --> 00:37:52.580
invited them to bring a plus one if
they wanted to. We recognize
549
00:37:52.580 --> 00:37:56.620
everybody's at home. When we were doing
introduction, somebody was to start to
550
00:37:56.620 --> 00:37:59.870
say where their job like No, no, no.
Don't talk about your You know what
551
00:37:59.870 --> 00:38:04.150
your job is? We're here to have fun,
right? There are forums and formats
552
00:38:04.150 --> 00:38:06.750
we're talking about. Their job made
sense, but in this thing, we had
553
00:38:06.750 --> 00:38:11.100
completely billed this as you've been
really rocking hard, we hear you, we
554
00:38:11.100 --> 00:38:14.890
see you and you deserve a break. And so
we're hosting this really fun thing to
555
00:38:14.890 --> 00:38:19.330
do to just hang out and meet some new
friends in your space. And there was
556
00:38:19.330 --> 00:38:23.820
like a visual sigh of relief in the
room when we did that, like literally
557
00:38:23.820 --> 00:38:28.270
everybody's body language. The 10,
whatever tension you saw, it went
558
00:38:28.270 --> 00:38:31.970
completely away. And by the end of our,
you know, a couple hours together,
559
00:38:31.970 --> 00:38:36.270
people were laughing and smiling. And
the thank you notes we got afterwards
560
00:38:36.270 --> 00:38:40.910
were super touching. It was it was
remarkable. And so I've been
561
00:38:40.910 --> 00:38:44.670
experimenting with what the right sizes
for these kinds of things, whether it's
562
00:38:44.670 --> 00:38:48.860
a wine tasting or it's a round table
discussion or it's ah, broadcast
563
00:38:48.860 --> 00:38:53.810
communication. How do we create
intimacy, and sometimes we get a little
564
00:38:53.810 --> 00:38:57.440
lost and it's got to be big, right? We
sort of say, Well, I prefer to be
565
00:38:57.440 --> 00:39:00.830
successful. We've got about 500 people.
There are 300 people. There are 6000
566
00:39:00.830 --> 00:39:06.590
people there. There are value in big
events, but I'm finding for a B M long
567
00:39:06.590 --> 00:39:11.030
term relationship. Building the small
stuff is what's really moving the
568
00:39:11.030 --> 00:39:14.620
needle. Absolutely. That's we're
finding, too, Which is why James spends
569
00:39:14.620 --> 00:39:18.540
so much time on clubhouse right now.
And honestly, he actually spends a lot
570
00:39:18.540 --> 00:39:21.990
of time just putting. I think they call
them BTB growth groups, together with
571
00:39:21.990 --> 00:39:26.280
VPs of marketing and small groups.
You're talking like 56 people and finds
572
00:39:26.280 --> 00:39:30.440
that just the intimacy of the small
community is what makes makes it much
573
00:39:30.440 --> 00:39:33.550
more interesting. And we've been
getting a lot of good feedback on that.
574
00:39:33.550 --> 00:39:36.190
So I think that's something we'll
continue to dio, even though it's
575
00:39:36.200 --> 00:39:40.930
actually really hard to scale that it's
still working. You know what I am isn't
576
00:39:40.930 --> 00:39:45.690
about scale, right? Damn right, you
can't scale about it. I don't want
577
00:39:45.700 --> 00:39:48.410
people to think there's nothing
repeatable. There's repeat ability to
578
00:39:48.410 --> 00:39:52.900
it. Oh, for sure, for sure it's we're
gonna continue doing it because it's
579
00:39:52.900 --> 00:39:56.880
it's working. It was building genuine
real relationship, and sometimes it
580
00:39:56.880 --> 00:40:00.420
takes a while for it to, like, come
back to revenue. And that's okay. Like
581
00:40:00.420 --> 00:40:03.360
we did a whole Lincoln evangelism
program and only got the report card on
582
00:40:03.360 --> 00:40:07.100
it. Now, even though we've been hard at
it for 10 months and, uh, found out,
583
00:40:07.100 --> 00:40:11.860
it's highly profitable. Um, but it was
10 months. We were just like we're just
584
00:40:11.870 --> 00:40:15.100
a bunch of us making content on
LinkedIn, spending a lot of soft and
585
00:40:15.100 --> 00:40:19.370
hard dollars on this thing, and now
it's low and behold, it actually works.
586
00:40:19.370 --> 00:40:24.360
So you're like, Who knew? You knew
James did. A lot of people have been
587
00:40:24.360 --> 00:40:27.700
saying, and we actually put it to work,
but I mean, 10 months is a long time to
588
00:40:27.700 --> 00:40:31.390
test something and not know exactly of
how well it's working. You know you're
589
00:40:31.390 --> 00:40:35.330
getting engagement and reach and stuff
like that. But I'm glad that you said
590
00:40:35.330 --> 00:40:39.060
that because that's one of the biggest
issues that people have is when they
591
00:40:39.060 --> 00:40:42.290
don't get those target accounts to
engage, they give up on them. They move
592
00:40:42.290 --> 00:40:46.680
to the next set, but you're losing. A
lot of you know you're constantly
593
00:40:46.680 --> 00:40:50.850
having to reinvent mo mentum when we do
that. So your question today is an
594
00:40:50.860 --> 00:40:55.000
excellent one, Dan. And it's not when
we talk enough about we. We really need
595
00:40:55.000 --> 00:41:00.570
to acknowledge that A B M is a long
play now. Some companies longest three
596
00:41:00.570 --> 00:41:04.830
months, but for a lot of companies,
long as a year, two years, and we need
597
00:41:04.830 --> 00:41:08.410
to operate in that model comfortably.
Yeah, we've certainly had a lot of
598
00:41:08.410 --> 00:41:11.220
customers came through that we're
interested and sign up for two years.
599
00:41:11.220 --> 00:41:14.670
We have because we've been doing this a
while. It's now matriculating in, but
600
00:41:14.680 --> 00:41:17.570
it is very interesting. They just
weren't ready or the person we were
601
00:41:17.570 --> 00:41:20.830
talking to switch jobs and not the new
company. They want to sign up, you know?
602
00:41:20.830 --> 00:41:24.630
So you just never know That's gonna pan
out. Well, Samantha, thank you so much
603
00:41:24.630 --> 00:41:30.020
for joining me on BTB growth today. I
loved hearing from you. I loved that
604
00:41:30.020 --> 00:41:35.040
you totally turns false way of thinking
around on me and got me toe open up my
605
00:41:35.040 --> 00:41:39.140
eyes on how you can follow up with even
the people that said no for particular
606
00:41:39.140 --> 00:41:42.730
reasons, Um, certainly changing the way
I'm gonna be approaching my own A B M
607
00:41:42.730 --> 00:41:46.130
campaign and sweet Fish Media. And
though you've been on this show many
608
00:41:46.130 --> 00:41:48.740
times that have probably told our
audience multiple times, where can they
609
00:41:48.740 --> 00:41:53.050
go to find you online? If they want to
connect with you and ask you follow up
610
00:41:53.050 --> 00:41:56.810
questions from this episode, I never
get tired of hearing people like,
611
00:41:56.810 --> 00:42:00.830
Sincerely, it is like my favorite thing.
When I opened up my inbox or listen to
612
00:42:00.830 --> 00:42:04.920
my voice mail on someone's reached out
that read the book or listened to a
613
00:42:04.920 --> 00:42:09.070
presentation, I gave her a podcast
guest, So I really hope they dio then
614
00:42:09.070 --> 00:42:13.200
goto marketing advisory network dot com
or unleash possible dot com. Either
615
00:42:13.200 --> 00:42:16.520
place, if they just want to kind of
browse Resource is that are available.
616
00:42:16.600 --> 00:42:19.930
But if someone would like to reach out,
I'm on LinkedIn and they can email me
617
00:42:19.930 --> 00:42:27.360
at Samantha dot stone at marketing
advisory network dot com. And I know
618
00:42:27.360 --> 00:42:31.730
that's a mouthful, but the acronym is
man dot com, and I will never let that
619
00:42:31.730 --> 00:42:37.860
happen. So it's a long email address,
but I promise that I dio read all the
620
00:42:37.860 --> 00:42:42.200
email that comes to me and I don't you
know, the spam stuff that comes. I'm
621
00:42:42.200 --> 00:42:45.700
pretty good at filtering out, but I
really do love. If somebody has
622
00:42:45.700 --> 00:42:49.780
questions or even just a comment or
they have a campaign, they ran and they
623
00:42:49.780 --> 00:42:53.980
want to share it. I love learning about
what people are doing and what's
624
00:42:53.980 --> 00:42:57.350
working for them and what's not. So I
encourage people to reach out anytime,
625
00:42:57.360 --> 00:43:02.370
fantastic again. Thank you so much for
joining me on me to be growth. One of
626
00:43:02.370 --> 00:43:06.180
the things we've learned about podcast
audience growth is that word of mouth
627
00:43:06.180 --> 00:43:10.440
works. It works really, really well,
actually. So if you love this show, it
628
00:43:10.440 --> 00:43:14.730
would be awesome if you texted a friend
to tell them about it. And if you send
629
00:43:14.730 --> 00:43:19.150
me a text with a screenshot of the text
you sent to your friend Meta, I know
630
00:43:19.160 --> 00:43:22.780
I'll send you a copy of my book content
based networking. How to instantly
631
00:43:22.780 --> 00:43:29.990
connect with anyone you want to know.
My cell phone number is 4074903328
632
00:43:30.000 --> 00:43:31.010
Happy texting