Tag: B2B

The Key to Achieving Sales and Marketing Alignment in B2B

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As the marketer of a software service product, Meagen Eisenberg isn’t just a CMO. She is also a salesperson, which is why her alignment with MongoDB’s sales team proves critical to the company’s rapid success. Through her influential roles at multiple B2C and B2B tech companies, Meagen can attest to the fact that any company, no matter its audience, can create a pattern of collaboration and success in creating a unified buying path.

From insights about demand generation, to Martech, to work-life balance, Meagen’s marketing insights apply to CMOs everywhere, whether you’re B2B, B2C, or even B2D. When reflecting on her career, Meagen shares that the alignment of sales and marketing teams has transformed companies that she has worked for, including MongoDB.

On this episode, you’ll hear Meagen’s top 5 ways to increase your company’s internal collaboration, as well as discover the engaging marketing strategies MongoDB uses to attract developers. She also explains why the marketing and sales funnel strategy isn’t dead, and how it can be used in innovative new ways. For more on B2B demand generation, check out our 6 tips in our special report, here. 

Learn why collaboration is the future of marketing by listening here.

                  Subscribe on Apple Podcasts – Stitcher – or Podsearch

What You’ll Learn

Meagen’s top 5 ways to increase your company’s sales and marketing alignment

Just like countless other companies, MongoDB has struggled with sales and marketing alignment, as well as collaboration between teams. As a tech company that offers a database as a service, Meagen has learned to overcome the challenges of managing teams made up of employees with varied skill sets. Developers, salespeople, marketers, and more all want MongoDB to succeed, but approach it in different ways.

From her years in both engineering and marketing, Meagen has learned how to create the ultimate environment of collaboration. Check out all the details behind her top 5 strategies for alignment on this episode.

  1. Understand your sales funnel and how it converts leads into customers
  2. Intentionally build all of your systems together
  3. Focus on authentic communication
  4. Identify the stopgaps in your sales system
  5. Invest in your tech stack (but don’t add more tools until you’re ready)

MongoDB uses creative and engaging strategies to hook their audience

After Meagen and her team built a solid team, together they were able to develop creative marketing strategies. They hook interested followers through live events, energetic brand advocates, and a speedy website that always delivers to their followers. They fill their robust website platform with content that educates and inspires. This content is found in many forms, such as white papers, blogs, thought leadership pieces, product demonstrations, and compelling customer stories.

Marketing and sales are about putting the right information in front of the right people at the right time

Alignment between your marketing and sales departments doesn’t happen overnight. Meagen and Drew discuss how a business that sells directly to consumers as well as to other businesses can approach their content marketing strategies. For example, when a B2B prospect visits your website, they most likely need to be connected to an account manager and salesperson that can address their specific needs and questions. A B2C prospect, however, is much more likely to explore your website and fill out an inquiry form all on their own – without ever speaking to a salesperson. The key in content marketing and sales is to make it obvious to your followers who you are and what you do, that way you can address their questions before they even think of them.

Timeline

  • [0:30] MongoDB is a massive resource for CMOs
  • [2:04] Meagen’s Renegade Rapid Fire segment
  • [12:16] Alignment between sales and marketing is critical – use these strategies to succeed
  • [16:03] Connecting with developers is key
  • [19:16] The sales funnel is not dead in today’s marketing world
  • [21:35] What’s the difference between MongoDB and a datalink system?
  • [23:11] MongoDB hooks their audience through a variety of creative marketing tactics
  • [30:32] Balancing B2B and B2C audiences for your business
  • [39:24] Meagen’s problem-solving thoughts for the challenges facing marketing

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Your Next Word of Mouth Marketing Strategy: the Talk Trigger

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Far too many marketers believe that “competency creates conversation,” thinking that a word of mouth marketing strategy will simply appear out of thin air. Jay Baer, entrepreneur and author of his new book “Talk Triggers,” joins this episode of Renegade Thinkers Unite to convince you otherwise.

Word of mouth marketing is essential to B2B businesses. After all, 91% of all B2B purchases are made because of its influence. Despite this overwhelming need, most B2B companies don’t have a specific word of mouth marketing strategy in place. As Jay shares, it’s all about doing something different in your company’s operations that makes customers chatter — a “talk trigger”. On this episode, you’ll hear about several successful talk trigger stories, like the ingenious DoubleTree cookies, along with the 4 main criteria any talk trigger needs to meet. Jay also shares his expert advice on following his book’s 6-step process to creating a successful talk trigger. His message on word of mouth marketing says one thing loud and clear: “same is lame”, so don’t just follow what the other guys in the industry are doing.

Learn how to get your customers talking in all the right ways.

                 Subscribe on Apple Podcasts – Stitcher – or Podsearch

What You’ll Learn

What are talk triggers and why do you need them in your word of mouth marketing strategy?

Jay explains talk triggers as, “something that you choose to do differently that creates conversation.” They’re not marketing tactics, they’re operational choices that are designed to specifically generate discussions about your business. It’s the most important part of B2B that no one’s talking about – until now.

One of the best examples of a recent talk trigger is UberConference’s “I’m On Hold” song that plays in their virtual waiting room for conference calls. Instead of going with predictable “elevator music,” they had a unique song composed specifically for them that now generates conversations about their service every time users are on hold. Jay shares even more great examples all on this episode.

“Same is lame” – follow these 4 criteria to create a great talk trigger

Many marketers revert to mimicking successful strategies rather than create their own original ideas. But when your business starts down that path, you’ll be resigned to being second-best, rather than an innovative industry leader. Jay explains that to break out of this pattern and start creating great talk triggers that enhance your word of mouth marketing strategy, your trigger needs to follow these 4 criteria:

  1. Remarkable – it needs to be worthy of remarks from people outside of your traditional audience
  2. Relevant – it cannot simply be about gathering attention
  3. Reasonable – different enough to be remarkable, but not so “out there” that people are wary of the offer
  4. Repeatable – a talk trigger isn’t just a one-time stunt

Jay’s insider advice for entrepreneurs looking to avoid getting stuck when creating talk triggers

On this episode, Jay warns marketers of 2 main “sticky points” to watch out for when developing talk triggers. As tempting as it may be to sit around coming up with fun marketing ideas, the best talk triggers don’t come out of one or two brainstorming sessions. He encourages marketers to consider using a third-party company that can have an objective look at your business while researching what resonates with your audience.

He also explains the importance of measuring you talk trigger’s impact. By sending out a survey to your recent customers and followers, you can begin to understand what’s been working and what didn’t. For the full list of questions to consider asking, be sure to listen to this episode.

Timeline

  • [0:30] Word of mouth marketing expert, Jay Baer, is Drew’s guest for this episode
  • [7:02] What are talk triggers and why are they important?
  • [8:25] Word of mouth marketing is 100% critical for B2B businesses
  • [12:05] Marketing departments shouldn’t be the only ones developing talk triggers
  • [15:51] Same is lame – the 4 criteria to follow to create great talk triggers
  • [26:19] The 5 types of talk triggers
  • [30:48] Take a look at this example of talkable empathy in the B2B space
  • [37:28] Learn from Jay’s 6-step process and work through the “sticky” points by considering these 2 things
  • [45:58] 2 do’s and 1 don’t to follow when creating talk trigger

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Marketing for Non-profits: Telling the Story and Measuring Brand Awareness

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Catherine Davis knows how marketing for non-profits differs from marketing in the for-profit sector — and she succeeds at both. From building her marketing foundation at Leo Burnett and Diageo to her current role as the CMO of Feeding America, Catherine has mastered the ability to distill powerful stories into tangible pieces that entire populations can connect with. Through strategic brand tracking strategies and working to solve an issue that she is passionate about, Catherine is proving that the role of a CMO as a storyteller has never been more important.  

As Renegade Thinkers Unite meets its 101st episode milestone, Catherine Davis and Drew sit down to discuss why a career in marketing does not have to be linear to be successful. Catherine also explains how to capture individual stories, overcome challenges in brand awareness, and manage a non-profit CEO’s expectations. In this episode, Catherine will walk you through what it takes to communicate what your organization stands for and how to break down big issues into personal stories.

You’ll be inspired to make your marketing matter — catch the full story now.

                 Subscribe on Apple Podcasts – Stitcher – or Podsearch

What You’ll Learn

Catherine works to capture individual stories – a skill she learned early on in her marketing career

Catherine picked up on 2 major lessons that have laid the foundation for her career in marketing for non-profits. The first is to identify and select a marketing strategy. Then, you have to break down that strategy into emotional and logical components that can be woven into stories, statistics, and campaigns.

She explains that people find it much harder to dismiss individual stories from real people struggling with hunger. By encouraging people to have conversations about the bigger issues in America, even if they aren’t necessarily “measurable,” Catherine can begin to see how the tides are turning for the hunger problem.

Measuring progress in marketing for non-profits – it doesn’t come down to quarterly reports

Both Drew and Catherine agree that you can’t begin to measure your non-profit’s success if you don’t use a brand tracking study. Even Feeding America, the 3rd largest non-profit in the United States, couldn’t measure their level of brand awareness without using a study – one that gave them valuable feedback into their brand and messaging. Catherine and her marketing team discovered that across a 2 year period, Feeding America’s level of brand awareness and passion for solving hunger went up from 24% to 51%.

Catherine explains that measuring the impact of a campaign often doesn’t occur after just a few months – solving an issue like hunger can take a decade or more for progress to be made. She outlines how to maintain support from your CEO and more on this episode.

Key pieces of advice for CMOs in non-profits

There are a few key takeaways from this episode that every CMO should hear. Catherine explains that in order for marketing for non-profits to be effective, CMOs need to be 100% clear on who the organization is and what it stands for. Then, you must execute in a way that people understand – avoid academia-type language that isn’t easily understood. Finally, you cannot assume that people believe in the same ideals as you do. By speaking with a single, focused, and passionate voice, you can find success in your marketing efforts.

If you visit the Feeding America website and donate now (tag Renegade Thinkers Unite,) the Renegade Team will match up to $250 in gifts from listeners. What a Renegade way to make a difference today in the lives of fellow Americans. #SharingIsCaring

Timeline

  • [0:30] Having a foundation in classical marketing strategies allows Catherine to flourish
  • [13:01] Feeding America and its place in the American non-profit industry
  • [17:55] Catherine works to capture individual stories – because people can’t ignore a person’s story of hunger
  • [20:47] Catherine’s proudest marketing moment at Feeding America
  • [24:45] The biggest differences being a CMO for a non-profit vs. for-profit organization
  • [32:38] Bridging the gap between brand awareness and unawareness
  • [35:43] 2 do’s and 1 don’t for CMOs of non-profit organizations

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Thoughts on Leadership, Accountability, and Building a Network That Spans a Lifetime

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Carl Neisser starts every new year with a list of learning goals. Last year, he aimed to master texting with his children and grandchildren. Throughout his lifetime of over 90 years, Drew’s father Carl has collected important lessons about everything from teamwork, to leadership, to continually building a personal network. Above all, he never stops learning and never stops caring about his relationships.

On this special 100th episode of the Renegade Thinkers Unite podcast, Drew and his Dad discuss the Neisser family legacy in marketing and business, and chat about why putting people first is the first idea that any Renegade marketer needs to understand. For Carl, listening is important, but retaining that information is even more crucial in becoming the player that your team can rely on. In an inspiring “like father, like son” fashion, Drew and his father will walk you through the steps to becoming a lifelong learner in marketing and beyond.

Listen here to celebrate 100 episodes of Renegade thinking.

            Subscribe on Apple Podcasts – Stitcher – or Podsearch

What You’ll Learn

Life lessons on how to build a network of relationships across the span of a lifetime

Great relationships with people from all walks of life should be an aspiration for people across the world – not just in B2B marketing. How can you begin to build a network of close friends and colleagues? Drew and Carl explain that it starts with simply taking the initiative to connect with them on a regular basis. Carl meets with dozens of people every month and always takes an interest in their businesses, ideas, passions, and families. This deep knowledge people allows him to make meaningful connections among people in his network – adding value to the lives of nearly everyone he meets.

Leadership, accountability, and the power of a great team

Leadership, while often complex and detailed, really comes down to a few simple strategies. Carl outlines his best advice for leadership all on this episode. For example,

  • Be honest, upfront, and supportive in your communication
  • Hold your team accountable in order to help them grow
  • Remember what people tell you, and make connecting with them a priority
  • Encourage authentic teamwork within your organization

Carl also learned how to keep a close eye on his competitors from the great Abraham Lincoln. By understanding the way they think, lead, and act, your organization can be better prepared to compete against them in your industry.

You can’t avoid failure, so learning from past mistakes is crucial

Everyone has known deep and painful failure, both in their professional and personal lives. The difference lies in whether or not you learn from your mistakes and move past them, or continue to dwell in the past. By approaching every day with Carl’s mindset of “every day is a learning day,” you can start to view mistakes as simply opportunity for growth. He encourages all Renegade marketers to stay humble, stay curious, and never stop learning.

Timeline

  • [0:29] Drew’s guest for this episode is his father, Carl Neisser
  • [5:50] Key leadership and teamwork lessons from Abraham Lincoln
  • [10:50] Teamwork is essential in many contexts, from sports to marketing
  • [15:30] Learning how to build and maintain a lifetime’s worth of connections
  • [22:17] The way you connect with people is important
  • [25:22] Treating failure as an opportunity for growth

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The Role of a CMO in the Future of Marketing Leadership

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Few professionals are as knowledgeable about marketing leadership and the CMO’s role as Greg Welch. A senior partner at Spencer Stuart, one of the world’s foremost leadership consulting firms, Greg helps to connect companies with the right fitting CMOs. He’s witnessed firsthand how, when leadership is done right, a CMO can be his or her team’s biggest cheerleader and source of inspiration.

Greg has worked with the leadership of dozens of large corporations, including Walmart, Facebook, and Dunkin’ Donuts. Greg believes that the intangibles of an extraordinary leader can transform a good CMO into a great one, but developing those skills takes work. On this episode of Renegade Thinkers Unite, Drew and Greg discuss what aspiring professionals need to know to be successful in marketing leadership, as well as concrete advice for CMOs striving for that CEO desk. Greg also shares why you should surround yourself with a group of supporters and mentors to develop your personal marketing leadership style.

    You’ll be inspired by Greg’s advice – be sure to listen here.

                   Subscribe on Apple Podcasts – Stitcher – or Podsearch

What You’ll Learn

Greg is seeing a new breed of CMOs emerge, and they have these qualities

Throughout his 20 years of executive search experience, Greg has discovered that the best marketing leaders possess a few main qualities, including:

  • The ability to understand both the brand and data sides of a business
  • An intense sense of curiosity
  • An ambition to be a great listener
  • Capable of building and maintaining support with others

CMOs need to be smart, aggressive individuals. Greg believes they need to have the ability to know the basics behind building quality, sustainable brands, as well as motivate and inspire others.

Marketing leadership is all about building and maintaining relationships

Greg says, “You can’t manage your marketing team with the door closed.” Meaning, a person in marketing leadership can’t exist as a silo – every leader should rely on their team in order to achieve the greatest amount of success. That’s why stellar leaders intensely focus on building and maintaining strong relationships with others. Mentors, peers, subordinates, and even your competition are all invaluable connections a great CMO needs to invest in. Being authentic, transparent, and honest will go a long way towards fostering strong relationships with those who will help you in life and work.

The role of the CMO is always shifting – here’s how to continually succeed

Drew and Greg both believe that the role of the CMO in business is never stagnant. The best CMOs are seeking to learn and understand more about the business they’re in – even if they have no desire to end up in the CEO spot. Greg explains that the top priority should be keeping your team satisfied and engaged, no matter what else you may be focusing on in your marketing leadership role. Looking towards the future, Greg predicts that a focus on eCommerce strategies will help you stay on the cutting edge of a career as a CMO.

Timeline

  • [0:29] Greg’s Renegade Rapid Fire segment
  • [6:50] It’s a new day in marketing and marketing leadership
  • [12:40] You can’t manage the marketing team with the door closed
  • [23:39] The ever-expanding role of the CMO
  • [33:10] Greg’s take on the ultimate CMO of the future

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Using Review Websites as Your New Lead Generation Strategy

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As a CMO, sometimes nothing seems worse than your business receiving scrutiny on a review site. But don’t review site pages with only stellar, positive reviews also seem suspicious? The reality is that even negative reviews serve an absolutely vital role in how authentic and genuine your business comes across to potential customers. Not only can they create a well-rounded story around your brand, but review sites can even be a  major lead generation source. Now that sounds like a strategy that every marketer should take into account!

From her experience as GM of Capterra, a leading online review platform, Claire Alexander shares her expertise in everything from lead generation to turning a bad review into a marketing win. Claire drives everything she does at Capterra with the motto, “Do the right thing and the right results will follow.” Throughout this episode, you’ll learn Claire’s advice on how you can best engage with your audience on review sites and optimize every dollar of your marketing budget to get the best results.

Listen here to catch the full story about this new form of word of mouth marketing.

                               Subscribe on Apple Podcasts – Stitcher – or Podsearch

What You’ll Learn

Why are review websites so important to your business?

Everyone knows that word of mouth marketing is the best form of marketing. For modern businesses, this type of marketing can be found digitally through review sites. Buyers are starting their purchase journeys online, and resources such as Capterra allow them to evaluate their needs and compare software programs. Buyers take online reviews very seriously, and the way your company responds to reviews describes a lot about your company’s leadership, culture, customer care, and products.

Using review websites as a lead generation strategy can work wonders for your business

One avenue for success that many CMOs aren’t aware of is the ability to combine a lead generation strategy with review sites. For example, if a buyer can find a highly-searched for review site on Google, then find your business on the review site, you can use that site’s organic traffic to drive leads to your site. Potential buyers that click through a review site onto your web pages can be captured as buyers with a higher level of interest than those who simply stumbled upon your site by accident.

Claire’s best advice for handling reviews left on your business, products, and services

Review sites can not only serve as a great lead generation strategy, but they can also be a new avenue for connecting with your audience. Drew explains that there are 2 facts in modern marketing: reviews will be given and therefore, you must seek to provide the best customer experience you can. Claire outlines a few key steps to follow when monitoring reviews:

  1. Decide which review sites matter to you (consider the ones with the highest volume of traffic)
  2. Monitor review (just as you would comments on social platforms)
  3. Invite people into the conversation
  4. Incorporate review collection into your closing/follow up process
  5. Graciously embrace the negative reviews (but closely monitor for incorrect or bot-driven reviews)

Claire’s #1 key to success for using review sites as a lead generation tool is to allow and encourage both positive and negative reviews. Having a mix increases your buyer’s trust with your company, and results in higher conversion rates for your products/services. Interacting with customer reviews isn’t always simple and easy, but it is 100% worth it.

Timeline

  • [0:30] Claire shares how she became involved at Capterra
  • [9:09] Claire’s biggest challenges as she transitioned from marketing to GM
  • [13:22] Your biggest outcomes come from having great processes
  • [19:54] Why are review sites so important?
  • [26:39] Claire’s best advice for approaching reviews left on your services and products
  • [32:30] Using review sites as a lead generation tool
  • [35:53] The best way to optimize your marketing dollars spent on review sites
  • [47:25] 2 do’s and 1 don’t for review site marketing strategies

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