www.tech-bound.com... more
Share Tech Bound Podcast
Share to email
Share to Facebook
Share to X
Today, I’m unpacking a fascinating conversation with Kieran Flanagan, CMO at Zapier and former SVP of Marketing at HubSpot. This discussion centers on Calendly, a scheduling app used by millions, and its strategic acquisition of Prelude.
We talk about the critical role of platforms in product-led growth (PLG) businesses. AI tools, for instance, are seen not as standalone products but platform features. Canva's freemium text image generator exemplifies a platform disrupting the market. Grammarly and Jasper also come up in the context of branding and market disruption.
Distribution is vital for platforms. Calendly's acquisition of Prelude, an HR enterprise tool, is a case in point. Flanagan compares Calendly's potential growth strategy to HubSpot's approach of building individual hubs around the contact record, each catering to different roles like marketing, sales, customer success, and operations.
We also explore the idea of Calendly morphing into a platform and integrating with other established products to multiply its value, for example, Gong, Outreach, Chorus, Jira, Monday, Asana, Dovetail, and Qualtrics.
Lastly, Flanagan shares some intriguing marketing ideas for Calendly, including acquiring a company like Lyre for its distribution capabilities and using Calendly to understand where time gets wasted or lost within an organization, thereby helping to optimize productivity.
About Kieran Flanagan
Introducing Kieran Flanagan:
* Current Chief Marketing Officer at Zapier and former Senior Vice President of Marketing at HubSpot.
* Known for strategic insights and innovative ideas in the tech industry.
* Expert in product-led growth (PLG) businesses and the importance of becoming a platform.
* https://www.linkedin.com/in/kieranjflanagan/
* https://twitter.com/searchbrat
Notes on the product, market, company and challenges
Product
* Calendly = scheduling app used by +10M people, from tech workers to yoga class instructors
* Vision: be THE go-to platform for work and leisure life planning
* Basic explanation: you want to schedule time with someone → all you need to do is share your Calendly, and they can pick a time
* You can set a time limit, charge them for your time, and define time slots
Company
* Founded in 2013 by Tope Awotona
* profitable today
* Valued at $3b in 2020 by raising $350M from investors + Awotona’s life savings
Growth
* Massive growth during the pandemic: 50% Y/Y revenue growth in 2021 (about $85M)
* growing faster than companies like Zapier or DocuSign
* 53% market share in the US
Market
* appointment scheduling market: ~$300M in 2021
* 13-19% CAGR (compound annual growth rate)
* predicted to reach $500-$700M in 2027
* Direct competitors: calendar.com, Setmore, Timetrade
* Indirect competitors: Google, Hubspot, Drift
* Trends:
* big players like Google getting into the market
* remote work = accelerant for scheduling software
* More professions use scheduling software, e.g. doctors
Challenges
* Google entered the market: Google Workspace customers ($7.99) can provide scheduling with their Google Calendar
* 2nd largest calendar app after Outlook, > 500M people
* If Google Calendar was a social network, it would be bigger than Twitter or Snapchat
* Calendly needs to win the enterprise segment
* Calendly needs to build more features for verticals like Sales, HR or Productivity
Context of the episode
* Calendly acquired Prelude
* Predule = enterprise interview scheduling app for recruiting
* Prelude raised $2.4M and has hundreds of customers
* makes it easier to schedule a series of interviews (journey) with several stakeholders without the typical back and forth
* more than just scheduling: provides information to applicants, Interviewer prep, and hiring analytics
On their latest investor day, Founder and CEO Daniel EK presented 6 bets for the future, of which 3 are unknown. In this Tech Bound episode, Tommy Walker and Kevin discuss the 3 unknown bets Spotify might pursue as part of its strategy.
They discuss the importance of infrastructure for live streaming and the potential for an incubator program to help discover new artists. They also discuss the possibility of independent artists being able to provide a Patreon equivalent on Spotify and concert streaming.
SHOW NOTES
Spotify investor day
The Content Studio
The Cutting Room show
TIME STAMPS
00:01:25 - The six bets for Spotify's future
00:02:45 - Live streaming
00:11:15 - An incubator program for new artists
00:16:35 - A Patreon equivalent on Spotify
00:21:45 - Concerts
00:27:15 - Data analysis and personalization in the music industry
00:32:00 - Marketing music in the digital age
00:37:00 - How Spotify could test artists for their potential
In this episode, I chat with Ramli John, onboarding expert and author of the book "Product-Led Onboarding." Ramli shares his journey into the field of onboarding and the importance of effective onboarding for customer retention. We talk about the difference between product-led and sales-led onboarding and the Eureka model, which includes three stages: the aha moment, activation, and habituation. Ramli provides insights into setting goals and metrics for successful onboarding, creating user personas, and the importance of a seamless user experience. We also venture into his process for writing a book and the role of beta readers. Tune in to learn how to optimize your onboarding process for growth and success.
Why onboarding is critical for Growth
Onboarding is critical for Growth because it helps users understand the value of a product and sets the foundation for a positive user experience. Done well, onboarding can lead to increased customer retention and, ultimately, revenue.
5 takeaways about onboarding
* Focus on onboarding as a crucial aspect of customer retention.
* Consider the difference between product-led and sales-led onboarding.
* Use the Eureka model for onboarding, which includes three stages: aha moment, activation, and habituation.
* Set clear goals and metrics for onboarding success.
* Create user personas and provide a seamless user experience in onboarding.
The Eureka model for onboarding
The Euroka model includes three stages:
* The aha moment: the user realizes the value of the product or service
* Activation: activation is when the user takes action to start using the product
* Habituation: habituation is when the user becomes a regular and habitual user of the product
These stages should be thought of as a journey that the user goes through in order to fully engage with and benefit from the product.
Show Notes
* ramlijohn.com
* twitter.com/RamliJohn
* https://www.linkedin.com/in/ramlijohn/
* Product-Led Onboarding book
Timestamps
02:20 - Ramli John's journey into onboarding and expertise in the field
07:30 - The impact of onboarding on customer retention
11:10 - Product-led vs sales-led onboarding: which is better?
14:30 - The Eureka model for onboarding and its three stages
18:20 - Setting goals and metrics for successful onboarding
21:20 - Creating user personas for effective onboarding
25:10 - The importance of a seamless user experience in onboarding
29:00 - Different types of onboarding teams and their responsibilities
35:00 - The role of customer success and marketing teams in onboarding
37:00 - The process of writing a book and the importance of beta readers
TIMESTAMPS
0:00 introduction
1:07 Amanda’s path from chef to content marketer
5:48 Mise en place in content marketing
6:28 How to write amazing Twitter threads
12:44 Repurposing content
18:52 Powerful mental models
25:53 How to grab attention
30:07 How to find your target audience’s pain points
38:41 How to balance work and family
41:45 How Memes fit into content strategy
45:41 Starting vs planning
SHOW NOTES
Amanda's website: https://amandanat.com/
Amanda on Twitter: https://twitter.com/amandanat
Sparktoro: https://sparktoro.com/
FOR MORE
Subscribe to the channel for more videos: https://www.youtube.com/channel/UCoQ5uxfxcnObjzLAk1lmM6g?sub_confirmation=1
Subscribe to the Growth Memo: https://www.kevin-indig.com/
Follow me on Twitter: https://twitter.com/thegrowthmemo
iTunes: https://podcasts.apple.com/us/podcast/tech-bound-podcast/id1488939659
Spotify: https://open.spotify.com/show/1Ze0gqMmuh22rR8rVv0oz8?si=87cysHp3S5yEzNuuUK9Ezg&nd=1
Simplecast: https://tech-bound-podcast.simplecast.com/
Eric Siu on Twitter: @ericosiu or https://twitter.com/ericosiu
Leveling up: https://www.levelingup.com/
Single Grain: https://www.singlegrain.com/
Leveling up NFT: https://heroes.levelingup.com/heroes/
LVMH: https://en.wikipedia.org/wiki/LVMH
TIMESTAMPS0:00 Intro
1:30 What LVMH is and why you should care
6:26 Arnault Bernard’s growth thesis
7:30 Idea 1 = collaborations with big NFT brands
9:40 Idea 2 = cross and upselling between brands
13:36 Idea 3 = insurance as added service
16:36 Idea 4 = product refurbishing
20:40 Idea 5 = attention M&A
27:20 Idea 6 = gaming skins
32:04 Leveling up
33:35 founder skills
35:10 gamifying life
Timestamps
0:00 Warmup questions
5:27 Important metrics SEO tools can’t provide
10:20 How will Yep make Ahrefs better?
16:35 The biggest bet Tim took that paid off
20:13 How Ahrefs manages to not run out of keywords to write about
22:28 How to decide when to refresh content
27:06 Is SEO becoming more product than marketing?
33:33 Ahrefs most underutilized feature
40:29 How to differentiate from all the other SEO tools
44:15 The future of SEO tools
49:07 Tim’s secret believe
51:22 The place of social media in today’s marketing
56:23 What Tim wishes for the SEO community
2:06 How Trung thinks about what he’s doing
4:20 Trung’s content creation process
7:56 Working on the headline vs. the rest of a story
8:36 How long it takes to write a Twitter thread
10:02 How to add humor to content
12:01 Standup comedy
14:12 How Trung creates memes
18:09 Elon Musk’s tree trunk theory for building knowledge
21:48 Trung’s book recommendations
24:24 The unique benefit of audio content
28:35 The value of anchor content
31:25 Workweek - a new media company
34:19 Monetizing content
35:23 Shopify and equity
SHOW NOTES
Asml Twitter thread: https://twitter.com/trungtphan/status/1429464889307762688?lang=en
Imgflip: https://imgflip.com/
Mematic app: https://play.google.com/store/apps/details?id=net.trilliarden.mematic&hl=en_US&gl=US
The Prize by Daniel Yergin: https://bookshop.org/books/the-prize-the-epic-quest-for-oil-money-power/9781439110126
Trung Phan Bloomberg articles: https://www.bloomberg.com/opinion/authors/AVrHdCE3O1I/trung-phan
Trung on Twitter: https://twitter.com/TrungTPhan?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
SatPost: https://trungtphan.com/subscribe/
Not Investment Advice podcast:
https://www.youtube.com/channel/UC3r8rBjnMzsdgYC3b1sziwA
TIMESTAMPS
1:07 The definition of a hustler
2:45 Is “hustle culture” wrong?
9:51 What hustle looks like for Ross day-to-day
11:18 Ross’ schedule and productivity routine
14:09 How Ross runs Foundation Marketing
17:16 How Ross writes break-downs
19:24 Adobe - doing great content marketing
22:04 How to breakthrough content marketing plateaus
25:42 Thinking of Content Marketing as an investment
28:05 Content Marketing Trends
33:46 How to stand out in a content commodity world
37:31 Every SaaS company looks the same
40:43 Advice for anyone who is struggling or broke
SHOW NOTES
https://hustleandgrind.co
https://foundationinc.co
https://rosssimmonds.com
https://foundationinc.co/lab/adobes-200-billion-unshakeable-moat/
Convo with peep laja: https://www.youtube.com/watch?v=b89EefIrt_E
Google Duplex: https://ai.googleblog.com/2018/05/duplex-ai-system-for-natural-conversation.html
Product Hunt: https://www.producthunt.com/
Stand out guide: https://content.rosssimmonds.com/stand-out-guide1
Foundation marketing Adobe case study: https://foundationinc.co/lab/adobes-200-billion-unshakeable-moat/
FOR MORE
Subscribe to the channel for more videos: https://www.youtube.com/channel/UCoQ5uxfxcnObjzLAk1lmM6g?sub_confirmation=1
Subscribe to the Growth Memo: https://www.kevin-indig.com/
Follow me on Twitter: https://twitter.com/thegrowthmemo
iTunes: https://podcasts.apple.com/us/podcast/tech-bound-podcast/id1488939659
Spotify: https://open.spotify.com/show/1Ze0gqMmuh22rR8rVv0oz8?si=87cysHp3S5yEzNuuUK9Ezg&nd=1
Simplecast: https://tech-bound-podcast.simplecast.com/
TIMESTAMPS
0:00 Introduction
1:08 Why is it crucial to build an audience
1:53 The best way to build an audience
3:52 The importance of a strategic narrative
8:08 How to build a strategic narrative step-by-step
13:20 The power of category generation
17:48 Serving an underserved niche in a big market
19:37 The Cambrian SaaS explosion
22:50 Building brand salience
25:34 Product Expansion and transient advantages
30:24 How Google is a monopoly and stuck at the same time
33:12 Competing on price
41:00 How to combine messaging and narrative
SHOW NOTES
The end of competitive advantage: https://hbr.org/2013/08/the-end-of-competitive-advanta
Wynter: https://wynter.com/
CXL: https://cxl.com/
Peep on Twitter: https://twitter.com/peeplaja
FOR MORE
Subscribe to the channel for more videos: https://www.youtube.com/channel/UCoQ5uxfxcnObjzLAk1lmM6g?sub_confirmation=1
Subscribe to the Growth Memo: https://www.kevin-indig.com/
Follow me on Twitter: https://twitter.com/thegrowthmemo
iTunes: https://podcasts.apple.com/us/podcast/tech-bound-podcast/id1488939659
Spotify: https://open.spotify.com/show/1Ze0gqMmuh22rR8rVv0oz8?si=87cysHp3S5yEzNuuUK9Ezg&nd=1
Simplecast: https://tech-bound-podcast.simplecast.com/
TIMESTAMPS
1:09 SEO guidelines for writers in 2021
7:59 Creativity when writing for SEO
10:43 Mediocre vs. top-notch content briefs
17:00 Content briefs for inhouse vs freelance writers
20:22 How to motivate writers
23:34 How GPT-3 will change the content landscape forever
31:25 How to develop the best piece of content on the web for a certain topic
35:36 What data to put into a content brief
38:55 How machine learning changes the Google search results
41:11 Is there a place for websites in Google’s future?
SHOW NOTES
Bill King’s podcast: www.billkingtm.com/podcast
Frase: www.frase.io
GPT 3: https://openai.com/blog/openai-api/
FOR MORE
Subscribe to the channel for more videos: https://www.youtube.com/channel/UCoQ5uxfxcnObjzLAk1lmM6g?sub_confirmation=1
Subscribe to the Growth Memo: https://www.kevin-indig.com/
Follow me on Twitter: https://twitter.com/thegrowthmemo
iTunes: https://podcasts.apple.com/us/podcast/tech-bound-podcast/id1488939659
Spotify: https://open.spotify.com/show/1Ze0gqMmuh22rR8rVv0oz8?si=87cysHp3S5yEzNuuUK9Ezg&nd=1
Simplecast: https://tech-bound-podcast.simplecast.com/
The podcast currently has 53 episodes available.