Brand Tracking and B2B Demand Gen with Gusto

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Brand Tracking and B2B Demand Gen with Gusto

Payroll tends to be a purely transactional moment between employer and employee, but Gusto is working to shift that to being a “life moment,” potentially one of delight (as receiving a paycheck should be!). Effectively reaching their audience while balancing internal alignment, a hefty tech stack, and their mission statement—to create a world where work empowers a better life—can be something of a juggling act. Tolithia Kornweibel, head of marketing, and her team at Gusto, are up to the task.

On today’s RTU, Drew and Tolithia talk about how to effectively build a demand engine, how to demonstrate value internally to gain support, and how to keep track of your brand through a balance of qualitative and quantitative assessment, all while staying true to a brand mission. Tune in! For more insights B2B Demand Generation, check out our special report, here

For the whole article: http://bit.ly/2IfuPiJ

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The Keys to Effective, Purpose-Driven Marketing

Renegade Thinkers Unite recently moved to renegade.com! As a subscriber, you should have received an email with the subject line ‘Activate your Email Subscription to: Renegade Thinkers Unite’. It may be buried in your inbox, or even the spam folder, but if you click the link in that email, you’ll continue getting notifications when each week’s new episode is published, only now it’ll be to renegade.com.

The Keys to Effective, Purpose-Driven Marketing

A true, purpose-driven brand doesn’t happen overnight. What it really takes is a goal, specific actions, and at times, a bit of sacrifice. For Bank of the West, their mission meant, in the short-term, potentially leaving money on the table in the name of responsible investment of customers’ money, and transparency as to what that money was doing. That initial cost was worth it, as the long-term benefits, like new customers, talent attraction, and differentiation, outweighed any money lost. Now, when high-profile job candidates ask, “Why should I join you? How are you helping the world?” Bank of the West has a great an answer—they’re one of very few banks that has restrictive financing policies on things like coal, fracking, and arctic drilling.

On this episode of RTU, learn how CMO Ben Stuart and his team helped shape this relatively small financial institution to become a competitive, purpose-driven company with marketing that doesn’t feel like an uninvited guest. The discussion touches on crafting a tight strategy, gaining internal buy-in, data analytics, the keys to differentiation, and more on how to craft brilliant marketing.

For the whole article: http://bit.ly/2PkB4m1

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Buying is Broken — Here’s What We Can Do

Renegade Thinkers Unite recently moved to renegade.com! As a subscriber, you should have received an email with the subject line ‘Activate your Email Subscription to: Renegade Thinkers Unite’. It may be buried in your inbox, or even the spam folder, but if you click the link in that email, you’ll continue getting notifications when each week’s new episode is published, only now it’ll be to renegade.com.

Buying is Broken — Here’s What We Can Do

Nothing like a live audience to keep you on your toes! Third-time guest Brent Adamson, Distinguished Vice President, Gartner, joins Drew for a live conversation in front of an elite collection of B2B CMOs to chat about smarketing—and no, that’s not a typo. Brent dives into why sales and marketing—“smarketing”— must work together and fully align to connect with customers.

Beyond that, Brent explains why buying is broken, the pitfalls of working with a large buyer committee, and why companies need to make customers reevaluate themselves rather than products. Don’t miss that and more on this week’s Renegade Thinkers Unite!

You’ll enjoy this episode, so be sure to listen!

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What You’ll Learn

Smarketing: sales and marketing collaboration

Marketing has long been coupled with the digital while sales has been dominantly in person. In this mindset, marketing is early on in the process of working with a customer while sales is later. However, Brent suggests that this linear view on sales and marketing does not have to be, and in fact, may not even be the best. He introduces the term – smarketing: the combination of sales and marketing. He suggests a workaround on the functional divide of sales and marketing. When looking at how buying happens, you are looking for information needed by the client, so the solution is to put this information together for clients and deliver them through multiple channels with sales and marketing supporting this.

Why buying is broken, and how to put B2B sales back together!

For B2B sales, there used to be approximately 5.4 people involved in the buying process. Over the past number of years, this number of people involved has jumped up to 9-10. The more people involved, the more difficult buying has become. There are more opinions and prerogatives, so this slows the process of B2B sales down. Brent shares that in studies done, it is not optimal to personalized message for each of these 10 stakeholders. Instead, to market to all of these buying persons, you must find a common denominator. Creating content around this common ground can help buyers reach a decision. Be sure to listen to hear Brent share an example of this!

Commercial insight tools

Brent further explains 3 commercial insight tools that can be used to help motivate buyers:

  1. Connector: A connector is a set of information or tools to identify who needs to be involved
  2. Advisor: An advisor is a buying guide or a set of steps to be followed
  3. Diagnostic: A diagnostic is a framework that is created for a segment of customers that allows them to diagnose their performance to help identify where they are on a continuum of performance (where they are and where they want to be!)

Timeline

  • [2:13] What is new with Brent Adamson
  • [3:34] Prepping for a recession as a CFO or CMO
  • [8:16] Smarketing! Sales and marketing working together
  • [12:04] Buying is broken – why and how to help as a marketer
  • [22:55] A good example of commercial insight
  • [28:00] Audience questions: Connie O’Brien and Denise Broady
  • [40:56] Commercial insight tools: connector, advisor, and diagnostic

Connect With Brent Adamson:

  • Brent Adamson’s Bio on Gartner’s Conference Website
  • Connect with Brent Adamson on LinkedIn
  • Follow Brent Adamson on Twitter

Resources & People Mentioned

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Recession Proof Your B2B Marketing

Shakespeare once wrote, “To thine own self, be true.” In that spirit, RTU host Drew Neisser did something a little out of the ordinary.

Now, some people might consider talking to yourself for 30+ minutes to be a little crazy, but not Drew Neisser. In one of the most unusual Renegade Thinkers Unite episodes to date, Drew interviews none other than himself.

On this episode, the dynamic duo of Drew and Drew continually push the conversation to exciting territories. The discussion touches on key insights Drew has learned over the course of his 300 CMO interviews, the challenges 2019* will bring for marketers, and more. Don’t miss it! 

2020 Update: To read Renegade’s 6 smart lead generation tactics during a downturn, check out our special report on B2B demand generation.

Catch Drew’s insights here.

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What You’ll Learn

Employees are a key part of marketing

You need to have dedicated employees on board with your brand and with your product. Employees purchasing what you’re selling as a marketer is highly linked to the success of a product. If they are behind the product enough to purchase it, they are likely to understand and promote it. If the employees buy the brand story, they can be tremendous advocates. They can share their real experiences and use social proof to spread the word about your brand in a cost-effective way. Especially in a downturn, employees buying in with a brand and sharing content is key. It’s free media, and you can’t live without it.

How to prepare your B2B marketing plan for the recession

Drew shares that it is vital to prepare a B2B marketing plan for the recession. Great marketers will shine during the recession, but weaker marketers will not survive. A smart marketer will recognize a good strategy and will work on all communication channels, marketing to employees, customers, and prospects alike. Drew tells the audience to prepare for budget cuts in preparation for the recession. Figure out what part of the budget will drive demand generation, because those dollars spent will yield successful business results. These parts of the budget can be defended, but defending the portion of a budget focussed on building one’s brand on will be at risk. Drew shares that a B2B organization needs to have a brand health tracking study in place before a recession, so that if a budget cut arises, marketers can still know how their brand is performing.”

Why you should secure customers before the recession

With a recession, all companies will likely experience  budget cuts and potential losses. Drew explains that businesses should think about securing customers as the recession draws near. Focus should be put on keeping current customers happy. These current customers will also have problems linked to a recession, so Drew says to be prepared to answer how your specific product or service can help customers grow their business even in an economic downturn.

Timeline

  • [1:02] Renegade Rapidfire
  • [12:19] Why talk about the recession now?
  • [15:37] Why employees are vital in marketing
  • [17:51] What smart marketers will prepare for with a recession in mind
  • [24:28] What marketers can do in an economic downturn to make them different
  • [28:42] Other CMO’s opinions on what should be 2019’s focus

Resources & People Mentioned

Connect with Drew

Connect with Drew

Deloitte’s Global CMO Shares Her 4 M’s for B2B Marketers

Growing a community of leaders – an important goal for many companies, but not typically the designated task of a CMO. Diana O’Brien, CMO of Deloitte, however, is not your typical CMO. Diana spends 50% of her time prioritizing building workplace culture and, in turn, the firm’s brand to provide better marketing services to clients. She spearheaded Deloitte University, which provides training to bring employees into the fold on brand alignment, culture, and continuing workplace education for every single Deloitte employee in the United States. Now, she is recognized as one of the World’s Most Influential CMOs by Forbes and is one of Business Insider’s Top 50 Most Innovative CMOs in the World.

Diana has been on the cutting edge of marketing, working for Deloitte since the 1980s. From creating a place where leaders can grow and employees thrive, to being the first CMO at Deloitte, she has a lot to share. On this episode, she brings a wealth of knowledge on the importance of creating a workplace culture of leaders, how your business’s brand and culture affects client relations, the necessity of being the voice of the customer at the leadership table, and so much more.

Be sure to listen in – Diana has insights you don’t want to miss!

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What You’ll Learn

Key things Deloitte focuses on in developing workplace culture

Diana shares that there are sequences followed at Deloitte University that are key to building employee culture. As a company, the art of empathy is massively important. This allows employees to understand differences and help people feel a sense of belonging. It teaches them how to communicate – to listen before you speak. Diana notes this is a foundational attribute as a consulting company. Empathy helps employees communicate better internally. It also vital when interacting with clients.

The art of story is also important. Employees are taught how to connect their story or stories to a client as well as the company as a whole. Stories are meant to inspire and spark action. Stories allow employees to connect the personal to why they do what they do. Be sure to listen to this episode of Renegade Thinkers Unite to hear about other key items Deloitte focuses on in its employee culture.

How to get from customer insight to real innovation

Customer insight is defined as understanding who the customer is and where they are going. As a marketer, you are looking to co-create with the customer and join them in their journey. Typically the act of innovation comes out of Research and Development or a different business unit at Deloitte. Part of the CMO or marketer’s job is to communicate with these units so that they know what to create or where to look. They feed them information on where to look and what to do. Currently, real innovation is hard to find with many firms following market trends. However, Diana says that real innovation comes from the activation of an organization’s purpose. When an organization knows its purpose, it is able to innovate. Their change is based on their passion and purpose, which drives them to use their current skills to create innovation.

Make an impact that matters – creating a brand inside and outside company walls

Deloitte is committed to “make an impact that matters” – a phrase they have coined as their tagline. Diana mentions in this episode that she spends about 50% of her time on the internal activation of their brand idea. Deloitte chooses to heavily invest in its employees to make sure their brand is not just shown in the marketplace but also is pervasive within its own walls work. By creating a good workplace environment for its employees, it allows employees to focus on customer interactions. So, not only is Deloitte looking to make an impact that matters in the world, but also within its company. Hear more on how they do this in this episode of Renegade Thinkers Unite.

Timeline

  • [0:32] Who is Diana O’Brien?
  • [3:01] Why Deloitte University is the soul of the firm
  • [5:38] What Deloitte University taught Diana
  • [8:25] Face to face still matters in the digital age
  • [8:39] The three arts Deloitte focuses on
  • [18:58] From customer insight to real innovation
  • [25:43] The importance of organizationally elevated marketing
  • [31:13] Why the internal activation of a brand is key
  • [39:49] The 4 “M’s” of marketing

Connect With Diana O’Brien:

Resources & People Mentioned

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