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Unicorn, Incubator, Angel, Seed round, Pitch deck, CAC & CLV. These are all buzzwords used by startups.
There is one word that's used in startup culture which, unlike the buzzwords, is grounded in reality. Its methodology nudges them to design products that fit the dire needs of the early adopters, and then ride a wave of growth as the wider mainstream market adopts it.
We call this methodology lean and from Eric Ries on down, there have been some great founders who have taken time out and written down how they have implemented lean. Today's guest is one of those people. He thought there ought to be a book explaining the differences in the lean approach when you're in B2B.
The resulting book, Lean B2B, guides those of us in these kinds of startup companies just as well as direct to consumer folks are helped by the best lean books out there that revolve around B2C. I know that B2B product Marketers, especially those trying to generate demand for new products, will be keen to hear the methods in this book.
Etienne Garbugli is a five-time entrepreneur and in three of those, he was a Founder. Feeling he should help other entrepreneurs and innovators build products for this market, he wrote "Lean B2B: Build Products Businesses Want" releasing the first edition in 2014 and the second edition in 2022. He is also the author of the books: Find Your Market, The SaaS Email Marketing Playbook, and Solving Product.
For links to all things mentioned in the show, see ep 126 on the Funnel Reboot site.
This episode is the first in a series on product marketing. In my opinion, this is one of the toughest roles someone can have in a company. As its two-word name suggests, it sits in no-mans land between other well entrenched corporate functions. Yet, to get external clients to fall in love with what you make, you've got to have good product marketing.
As squishy as the concept of Love is, it's what today's guest chose as the theme for her book on Product Marketing, which came out in 2022.
Martina Lauchengco is the product marketing partner at SVPG (Silicon Valley Product Group) and a partner at Costanoa Ventures, a boutique early-stage venture capital firm. Those positions combined have her advising Fortune 500 companies and early-stage startups on product marketing. Her writing has been featured in TechCrunch and VentureBeat. Prior to this Martina worked at Microsoft and Netscape after receiving her BA and MA from Stanford.
She lives in San Francisco with her husband and two kids, and lectures at nearby Berkeley in their engineering graduate program.
Episode 125's people, products and concepts can be found in the showpage on the Funnel Reboot site.
Here is a look back at marketing trends, as seen by 19 of this past year's guests. What they feel is most important in marketing and where they think we're going next.
Five key themes of 2022 that will carry into 2023:
For info on the people, products and concepts in Episode 124, go to the showpage on the Funnel Reboot site.
My guest, after receiving a degree in psychology, worked as a barista at Starbucks and a local high-end hotel. In a conversation about career paths with the hotel's HR manager, she heard about the British Columbia Institute of Technology's two-year co-op and classroom-based marketing communications programme. She enrolled. Her first co-op internship was with a start-up automotive marketing company, where she was supposed to shadow their Pay-Per-Click campaign manager. After her first week, the supervisor resigned, and an executive asked her to take over, and right after getting her marcomm certificate she worked there full-time, growing out their PPC team. That led to working as a PPC expert at an agency, and within three and a half years she rose to a director-level position there.
In 2021 she went on her own, founding Good AF Consulting which focuses on helping find and fix issues within a brand's PPC and SEO efforts. Wanting to exercise her passion for sharing time and knowledge with new marketers, she has also gone back to BCIT but as an instructor in the very marketing programme she graduated from. In addition to teaching, she mentors new marketers, writes and works hard to leave the industry in a better state than the way she found it.
Please welcome someone who's been named to PPC Hero's list of the Top 25 people in PPC, Amalia Fowler.
For links to the people, products and concepts mentioned, go to Episode 123's page on the Funnel Reboot site.
Darryl Praill is the CMO at Agorapulse where he leads a global team of 40. Prior to that, he held executive roles with companies like SAP, IBM, Kinaxis, Airbus and VanillaSoft. He has consulted for AC Nielsen, Salesforce.com, UBM and Tweed. He is also a speaker at keynotes and on podcasts (which at last count runs into the hundreds).
You become convinced after hearing Darryl, he has a commanding grasp of how the social media game is played. He got onto social platforms earlier than anyone I know. He was posting audio & video content as soon as they'd let him, and his posts were from eyebrow-raising locales such as on top of parking garages, to the middle of a golf course fairway to the Arc de Triomph in Paris. The comments and engagement he generates must be seen to be believed. Where did he get this sixth sense on using social media? I think he learned to think strategically growing up in Chatham Ontario, where he played chess and became one of the highest-ranked high school students in his region.
Yet, to play the social media game in the 2020s takes not just posting strategies but also sophisticated listening, triaging and interacting with our audience. And in his day-job marketing a social media management tool, he has a birds-eye view of how tools have evolved to help us play this game.
He is one of the only people to have appeared twice on this podcast, and he joins me today from his home office in Ottawa. My friend, Darryl Praill.
For more details on the People/Products/Concepts mentioned here, consult show 122's page on the FR site.
No about analytics is complete without talking about how to visualize data. A picture's worth a thousand words, right? In the past, when data was in a spreadsheet, it only took hitting that 'chart' button to render some numbers visually. But for many of us, this experience has moved to a browser where we build our own report, either in an interface like GA or in a standalone visualization tool.
I'm talking with someone who's really good at a visualization tool, but came by his power-user status in a roundabout way. My guest was born and raised in Hawaii. After he got his Marketing degree, he worked at an ad agency where he did everything from videography to FB and G-ads writing. That, and also building a few websites, stoked his curiosity for how the tagging and the analytics behind all these things worked. He didn't just want to get at raw data, he wanted actionable data. He felt that to optimize his marketing, if he only knew how to present visitor behaviour data visually, the answer would be apparent - even obvious.
He went down YouTube rabbit holes, asked around at conferences, and eventually landed on the beta of Google Data Studio, now called Looker Studio. And that's the Data Visualization tool we're talking about with JJ Reynolds, who joins us from Reno NV.
For more details on the People/Products/Concepts mentioned in the show, go to Ep 121's page on the Funnel Reboot site.
We had to see it coming. We marketers have been getting more and more data. From on-premise CRMs and site logs in the early days, then marketing SaaS products and API calls that pipe data in all directions, there's data everywhere. It goes without saying that we need help making sense of all this data. Most marketers wouldn't consider themselves natural statisticians. Enter the analyst, who knows how to wrangle, normalize and visualize those data points, and maybe even get it cleaned and dressed for dinner.
There are marketing teams who've got analysts onboard, but it isn't an industry-standard practice just yet. Some leaders in the analytics community make the case elegantly of how this role helps marketers. And I'd count my guest today as being a vocal advocate for why we need analysts.
In his day job, he is Senior Director of Analytics at Search Discovery. But that only scratches the surface of all that he does. He's also a perennial conference speaker and writer on many topics in analytics. To me, he typifies how one can be a digital analyst despite having a non-analytics background. In his case, he obtained an Architecture degree before entering the field.
Joining me from Columbus, Ohio, let's hear from a man who some call the quintessential analyst, Tim Wilson
For more details, please visit Ep 120's showpage on the podcast website.
As Google's Chief Analytics Evangelist, Kevin Hartman is responsible for leading the design, implementation, and evolution of programs and approaches that help businesses around the world realize the opportunities presented by data.
Kevin has a proven track record of building large, global, high-functioning analytics organizations from scratch and deep experience in leading large profit & loss centers and cross-functional teams, identifying business opportunities, and creating effective marketing programs. He has also written "Digital Marketing Analytics: In Theory And In Practice" which is now in its second edition.
Kevin's decades of work in the digital analytics space, with most of that time spent leading large analytics teams at a major global advertising agency and Google. He has taught analytics for nearly 10 years at Universities near to his home, such as The University of Chicago, The University of Notre Dame, and The University of Illinois.
People/Products/Concepts Mentioned in ShowFor more on the People/Products/Concepts Mentioned in the show, search within Funnel Reboot's site for Ep 119.
In digital marketing, we're all striving to do what works. Yet whether we're in-house or at an agency, we're basing our definition of what works on a small sample size. Honestly, none of us can zoom out far enough to the general traits of successful marketing. That is, unless you're someone who's tasked with measuring marketing data at the organization with the single-largest quantity of it on the planet.
My guest has gained a lot of insight on successful sellers in his role as Google's Chief Measurement Strategist, where he has led over 2,500 engagements with the world's biggest advertisers. He is a Senior Fellow at Wharton and holds degrees from Purdue University and UCLA. And in his book "Converted: The Data-Driven Way to Win Customers' Hearts" the difference (I'm simplifying here) is that the best ones humanize their funnels for their buyers.
"Wait," you say, "we already know how to treat people nicely, we've known how to do that since humans have been around. You're right, yet it's surprising how we lose the human element is when we move commercial interactions online. My guest wants us to learn - or more correctly, relearn how to make our marketing more human.
For more details on People/Products/Concepts Mentioned in the show, head to Ep 118's page on the Funnel Reboot site.
Paul Roetzer graduated with a journalism degree from the E.W. Scripps School at Ohio University and a few years afterwards he founded Ready North (formerly PR 20/20). In 2016 he founded the Marketing AI Institute. The idea for such an organization came from what Paul saw when AI began impacting his agency. He thought the only way marketers like him could work alongside AI would be by better understanding its capabilities.
Part of their vision of educating marketers is through an annual event, and in 2019 they held their inaugural Marketing AI Conference. MAICON was on pause during lockdowns, but it came back in 2022.
In 2022, He and co-author Mike Kaput published the book we're talking about, Marketing Artificial Intelligence. The book draws on years of research and dozens of interviews with AI marketers, executives, engineers, and entrepreneurs. He has also authored The Marketing Performance Blueprint (2014) and The Marketing Agency Blueprint (2012). Through his podcast and as a conference speaker, Paul makes AI approachable and actionable for marketers.
He and his family live in Cleveland, Ohio.
For details on all things mentioned here, please go to the Funnel Reboot site and navigate to Ep 117.
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