Tag: marketing leadership

How Aetna’s Brand Transformation Teaches a Lesson in Storytelling Marketing

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A company’s brand transformation process should never be taken lightly, especially for a health insurance company that serves the lives of thousands of people across the country. When David Edelman joined Aetna’s team as the CMO two years ago, he knew that a change was needed to reimagine the public perception of health insurance companies. On this episode of Renegade Thinkers Unite, you’ll learn how he and his team successfully transformed the Aetna brand into one that puts the joy and wellness of its clients first and foremost.

David shares why a rebranding transformation is not just a marketing thing — it must be an organization-wide effort that translates to tangible changes for customers. Drew and David also dive into how the Aetna marketing team achieved internal company buy-in, and how acting courageously in their market led to a completely reinvented brand rooted in sincere storytelling.

Get inspired to let storytelling drive your next marketing move.

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What You’ll Learn

David’s first challenge was figuring out the space in which Aetna could relate with clients

When asked about the healthcare industry, most people will associate the market with negative words and emotions. Overcoming this negative association was David’s first challenge as Aetna’s new CMO. He realized that Aetna had to become so much more than a health insurance company. He tells Drew that they needed to become “a partner in our clients’ lives,” while telling each client, “We’re joining you! You lead, we’ll follow.” By opening up this line of honest communication with their clients, Aetna has been able to enter into new spaces of health, wellness, and preventative medicine.

Achieving internal buy-in was critical to the success of Aetna’s brand transformation

Before Aetna could help their clients reach their wellness goals, David and his team first had to achieve internal buy-in. Previously, each of Aetna’s departments had their own “feel” and culture. They combated this lack of unity by sharing the new brand promise, explaining priority initiatives, and continually asking for employee feedback and insights. They also used a variety of evaluation and measurement tools that allowed them to make the necessary course corrections throughout the brand transformation process. To hear the full story behind how all of this – and more – was achieved in just 6 months, be sure to listen.

Reorienting the B2B and B2C sales teams to sell with storytelling in mind

Drew and David talk at length in this episode about how Aetna successfully sells in both the B2B and B2C space. Not only does Aetna sell to individuals and families, but they also offer healthcare packages to small businesses and major corporations. David outlines a few major tools his marketing team was able to share with the sales team to make selling the new Aetna brand easier:

  • Arm the sales team with great content
  • Share the new customer experience
  • Use storytelling techniques – don’t just share lists and data
  • Focus on the idea of “One Aetna”

The reorienting process hasn’t been simple, but David and his team have handled it beautifully so far. For the full story, don’t miss this episode of Renegade Thinkers Unite.

Timeline

  • [0:28] David approached his marketing challenge at Aetna with courage
  • [3:54] The first steps in rebranding the entire company
  • [9:06] Taking action on the research David and his team collected
  • [11:28] Overcoming pushback throughout the rebranding process
  • [13:48] Engaging employees was critical in making the rebranding successful
  • [21:00] The internal structure of the brand transformation at Aetna
  • [26:05] Reorienting the B2B and B2C sales teams to sell with storytelling in mind
  • [36:41] David’s final thoughts on brand transformation and lessons learned during his 2 years at Aetna

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The 2019 CES Preview – Everything B2B Businesses Need to Know

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Every January, over 180,000 people converge on Las Vegas to place their bets on the coolest and potentially coveted gadgets the world has yet to see. The 2019 CES promises to be “the world’s gathering place for all who thrive on the business of consumer technologies.” It’s a can’t-miss conference for marketers and business professionals from all industries — even those in the B2B space.

On this episode of Renegade Thinkers Unite, Drew talks with Shelly Palmer, CEO of The Palmer Group, about what attendees can expect and look for at the 2019 conference. You’ll hear about why B2B professionals owe it to themselves and their clients to learn what is up-and-coming, as well as why attendance ROIs are so individualized. Be sure to listen to catch Shelly’s expert insights on new sub-conferences at the 2019 CES and how you can make the most out of this major networking experience.

Get up to speed on the upcoming 2019 CES – listen now.

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What You’ll Learn

Here’s what you can expect at the 2019 CES

Shelly explains that CES has been a proving ground for new technologies for the past 50 years. Not only will attendees catch inside glimpses into brand-new technologies already on the market, but they’ll be able to understand what’s coming in 18, 24, and even 36 months. He says it’s a “unique crystal ball into the future,” and allows you and your team to begin building new technological opportunities into your own business plans.

Networking opportunities and big-picture dreaming will be abundant in January


Virtually all aspects of modern businesses are influenced by technology. Shelly tells Drew that even giant corporations have individuals on the receiving ends of B2B sales calls, and those individuals use everyday technologies that are featured at CES. That’s why even B2B professionals have countless opportunities to add value to their companies and careers by attending the 2019 CES.

Simply reading about CES after the fact won’t give you the full scope. To truly understand the importance of this event, you have to experience it for yourself. No longer just an “electronics show,” Shelly believes that the 2019 CES is truly a “business show.” Drew, Shelly, and hundreds of other industry leaders will be at 2019 CES – will you?

“Resiliency” will be a new focus at the 2019 CES, and it’s an area of innovation that deserves your attention

One business and marketing trend you need to be aware of is “resiliency,” explained by the Consumer Technology Association (owner and producer of the CES) as the ability to “keep the world healthy, safe, warm, powered, fed and secure, even in the face of adversity.” Innovations that will help restore power and cell service to disaster-riddles areas, for example, will be featured at this sub-conference event. “The Resilience Conference will deliver world-class conference programming, insights, and solutions,” says a recent CTA press release. In order to be informed and responsible global citizens, marketers can’t afford to miss this event.

B2B and B2C marketers alike will have dozens of opportunities at the 2019 CES to expand their network, brainstorm with like-minded professionals, and plan for the future. For more information on 2019 CES and to register, visit the conference website.

Timeline

  • [0:28] This year’s CES conference is not you can’t afford to miss
  • [7:27] B2B people need to attend the CES event too!
  • [13:34] Here’s what you need to look for specifically at this year’s CES event – and what not to believe
  • [21:44] “Retargeting is evil, but it works beautifully!”
  • [26:14] Shelly transformed his family-owned consulting business into a global entity that does “engineering for engineers”
  • [33:00] “Resilience” will be a new focus at the 2019 CES
  • [32:28] The ROI on CES is very individualized, but 100% worth it

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Creating the Category — Affectiva and Emotional AI

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Gabi Zijderveld is no stranger to pioneering new tech industries. As the CMO of Affectiva, she has helped to create an entirely new category in the tech industry: #EmotionAI. While emotional intelligence is not always fully understood, Gabi and her team at Affectiva have found a way to craft a narrative around emotional AI that the tech world could not ignore. From educational summits to simple handwritten notes to supporters, Gabi has found the keys in paving a new frontier for smart technology.

On this episode of Renegade Thinkers Unite, Gabi shares her nonlinear journey to the CMO seat at Affectiva. Her courageous drive to do something that had never been done before led to an innovative breakthrough for emotional intelligence. With the right strategies and priorities, Gabi proves that CMOs don’t have to follow the leader — they can create whole new markets for their product.

Listen here to learn the steps to becoming an innovative marketer.

                 Subscribe on Apple Podcasts – Stitcher – or Podsearch

What You’ll Learn

#1 – Gabi developed terms and marketing language that was easily understood

“Emotional AI” is an artificial intelligence that can detect human emotion in the form of non-verbal facial cues, body language, gestures, etc. While it is now a well-known category in the AI space, that hasn’t always been the case. When Affectiva and Gabi were developing the technology, they had to overcome the challenge of not being recognized or understood. They combatted these issues by crafting their messages in common language that everyone could easily understand. Everything from expanding the company’s vision to drafting press releases used language that was engaging, yet not too technical.

#2 – The ecosystem of support for emotional AI was critical

Developing the emotional AI industry wasn’t done in a silo. The entire Affectiva team had a support system of brand ambassadors, technology advocates, and media contacts that supported the vision and the product. Gabi tells Drew on this episode that collecting creative, innovative, and loyal people was essential to the industry’s developmental success.

#3 – Measurement of the new industry’s reach and impact continues to be a top priority

Gabi also shares the importance of having concrete measurement and evaluation tools in place while working in a new company with new ideas. This measurement isn’t solely about collecting more leads and sending them down the pipeline – it’s about tracking the overall exposure and awareness of the company and technology. Gabi and her team accomplish this by measuring press activity and coverage, identifying key industry influencers, tracking diversity in live event attendees, and ensuring marketing dollars are allocated appropriately. These 3 keys have been critical to Affectiva’s success, and you can implement these same ideas in your own company. For the full story, be sure to give this episode of Renegade Thinkers Unite your full attention.

Timeline

  • [0:28] All about Gabi and how she transitioned from art history to technology
  • [4:14] Having a foundation in marketing isn’t the end-all-be-all factor
  • [7:35] Describing emotional AI in a way people understood was critical
  • [13:57] The “Aha!” moment behind the term “emotion AI”
  • [18:45] Implementing a new technology frontier isn’t always easy
  • [24:40] Here’s how you can get over 40 speakers to come to speak at your event – for free!
  • [28:40] Fostering and personalizing relationships through thoughtful gestures
  • [31:34] Measuring the impact of emotional AI is a top priority at Affectiva
  • [36:46] 2 do’s and 1 don’t for CMOs creating new markets

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How to Build Customer Loyalty By Understanding Your Company’s Data

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When it comes to building customer loyalty, Dani Cushion believes that the creativity is in the data. In her role as CMO of Cardlytics, she and her team work under the power of “purchase intelligence,” or the ability to know where your customers are buying when they’re not buying from you. As Dani has learned throughout her career as a marketer, it’s all about defining who is loyal and figuring out why.

On this episode of Renegade Thinkers Unite, Drew and Dani discuss why defining your existing loyal customers can help you understand where you’re missing profits, as well as why using insights on aggregated data doesn’t mean creative marketing is dead. As Dani admits, “it ain’t sexy,” but working to have a extraordinary customer experience will result in unmatched loyalty.

Get to know your customers by following this advice – listen here.

                 Subscribe on Apple Podcasts – Stitcher – or Podsearch

What You’ll Learn

“Defining your loyals” is step one in the process of building repeat business

Dani explains the importance of “defining your loyals” on this episode of Renegade Thinkers Unite. She shares that one of Cardlytics’ clients earned an additional $6 million in sales, simply because they identified and retargeted a segment of their existing repeat customers. By knowing who your potential loyals are and the problem they’re trying to solve, you can tap into a new area of business.

Gathering insights from your data doesn’t equal the death of creative marketing

Cardlytics’ success is built on their ability to combine purchase data and creative marketing. In order to build customer loyalty, marketing teams need to use both strategies. Just because you’re aware of your customer’s data does not mean you should stop reaching out to them with engaging and creative marketing stories. Drew and Dani both agree that “the creativity is in how you use the data.”

2 do’s and 1 don’t for CMOs looking to build customer loyalty

Dani’s top 2 “do’s” for CMOs seeking a greater ability to build brand loyalty are to always look at the broad picture of loyal customers and to listen to what they’re saying. Without an accurate picture of what your customers want and their past buying habits, you won’t make much progress. She also encourages CMOs to never be scared to try something new. The most innovative marketing strategies to build loyalty only began because someone was willing to take a risk – and that someone can be you!

Timeline

  • [0:30] Loyalty and customer acquisition are both essential topics on Renegade Thinkers Unite
  • [1:51] Dani’s Renegade Rapid Fire segment
  • [15:54] The importance of building loyalty into your marketing plan
  • [20:00] Digging into the purchase behaviors for your existing customers
  • [25:35] Using analytical insights to understand customer loyalty
  • [33:13] Dani explains Cardlytics’ in-house loyalty program
  • [37:30] 2 do’s and 1 don’t for CMOs looking to expand their customer loyalty knowledge

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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.

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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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