Tag: core
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Creating a marketing strategy plan
What should be in the plan? When I moved into the CMO role I realised a number of ways in which the position was different to what I had done previously. A lot of these differences are to do with being in a C-level role, but I’ll focus here on the CMO position and the…
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The Marketing Flywheel
New Year, new marketing plans. Hopefully by now you’ve kicked off various activities and you’re waiting to see how those early campaigns are working out. The other thing I see in marketing departments at this time though is burnout. Everyone is trying to do everything either because there’s no real strategy there (“let’s throw everything…
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The marketing flywheel – an alternative to the marketing funnel
A lot has already been written about how the old marketing funnel model is no longer as relevant in modern B2B organisations as it used to be, and how a flywheel model is more appropriate for how customers really buy (as an old colleague said to me “The person who invented the marketing funnel should…
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How to make decisions
There’s a myth that as you get more senior, you get to make more autonomous decisions about what happens in your business – what strategies to pursue, tools to buy, markets to go after and so on. “I’m the Head of Marketing, so surely I decide all the marketing stuff!?” In fact it’s the opposite…
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Beware roles that advertise long hours
A friend is looking for a new role at the moment. He’s lucky enough to be able to pick and choose what he goes for, so I asked “What really attracts you to a job? What puts you off?”. It’s always interesting to know what people are looking for, how to genuinely attract great candidates…
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Why ROI calculators aren’t enough
ROI calculators are a pretty common tool amongst B2B marketers. On the face of it, the logic is simple – show a calculation of how the time saved from subscribing to your product equates to money and how that money is less than the annual subscription cost charged. Then surely the sale should be in…
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Scaling from SMBs to the Enterprise – a 10-Point Plan
I’ve had this conversation about 6 times in the last year – how can you scale from selling to small businesses (SMBs), up to Enterprise organisations? What are the marketing challenges? What’s necessary, what’s nice-to-have, and what’s a red herring? This is something we’ve done incredibly well at Redgate over the last five years (from…
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How We Grew Marketing Sourced Pipeline by 20% in One Quarter
We’re about to go into our quarterly review period at Redgate. We don’t just run QBRs, we also run reviews across all parts of the business. These are a chance to examine the last three months – what worked? What’s going well? What’s not going well and needs fixing? All part of a strong agile…
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How Collaboration Can Grow Revenue
Why do Marketing and Sales departments need to collaborate? Sure, it’s nice, but beyond people getting on better together, how can it really impact the numbers, the outcomes for the business? We’ve just spent a month at Redgate improving the collaboration between the two departments and we can see the direct and measurable impact on…
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Working from Home
Lots of people have written about the “New world of remote working” (so much so, that that phrase has become a cliche in the space of six months). But I think it’s still an interesting topic, because I have a hunch the changes we’ve seen in 2020 will become permanent, even as we start to…
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How to Present to an Exec or Board
For better or worse I find a lot of my tips and tricks for working in a software company from fiction books and films. I learnt most of what I know about how to present to senior folk (an Exec team or a Board even) from a two-minute scene in David Mamet’s film “The Spanish…
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Join a Scaleup to Scale Your Career
It’s hard getting ahead in Marketing. It’s a discipline changing every year (certainly true of 2020), it covers an enormous breadth of disciplines which need a great variety of skills and it’s notoriously difficult to prove the impact of your work. So what can you do to give yourself the best chance of success? Of…
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Under-promise, Over-deliver for product-led growth
There’s a lot written about the advantages of product-led growth (PLG), how it keeps marketing and sales costs down, how customers prefer it and so on. All good, but I struggled to find much on the actual strategies to use – how do you do it? There are obvious things like having a product with amazing product-market…
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External Marketing during COVID-19
Everyone’s got marketing advice about what to do in the current crisis, haven’t they? As though it’s easy and obvious what you should be doing in this “first-in-a-lifetime” situation we find ourselves in?! I don’t think it’s easy and obvious at all. But if you work in marketing, now is the time to earn your…
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There are two times when you don’t need to worry about Customer Success. And neither apply to you
Another thought exercise. I was trying to think of scenarios where Customer Success – i.e. genuinely worrying about whether your customers were using and getting value from your offering – wasn’t going to be a priority for a business in 2019. I could only think of two. But I think even these are slightly fatuous, I’d be…
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Focus on Marketing Effectiveness to Scale Up
Here’s a very non-theoretical problem – you’ve got two ways of spending some digital marketing budget, either a) LinkedIn advertising, or b) Facebook advertising. The former works pretty well, you manage to calculate a return of $1.50 for every dollar you spend. The Facebook adverts are more effective though – a return of $1.80 for…
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Finding Balance in Marketing Strategy
It’s that time of year again (for us anyway) – putting together the detailed marketing strategy and plan for 2021. And yet again it’s hard going. I’m not complaining – if it’s not difficult, then you’re not doing it right. Our job as marketing leaders is to work through the almost-overwhelming volume of data and…
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Why HR is the Most Important Department in your Business
Surely not!? Surely it’s the Marketing department (I am a marketer after all)? Or maybe Sales, maybe Engineering, maybe Customer Support. But no, I want to argue that getting HR right is one of the step changes you can make to a business, with far broader impact than any of the areas listed above. There…
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Five Myths About The Marketing Revenue Engine
I love the book Rise of the Revenue Marketer. In it Debbie Qaqish describes the need for a change program to move your marketing department from being a cost centre (“We’re not sure what marketing do, but we need them to do the brochures”), to a revenue centre (“They’re responsible for generating a significant proportion of our company’s…
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Building a MarTech Stack at a Small Organisation
I recently spoke at the B2B Ignite conference in London on “Building a MarTech Stack at a Small Organisation: A Real World Example of What’s Worked and What Hasn’t”. Here are my slides from that talk. Rules of Thumb It’s a lot of pictures, so might be hard to understand without the actual talk! Any…
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Measuring Outbound vs. “Always-on” Marketing Performance
Whenever I meet customers I always slip in a marketing question or two along the lines of “Where did you hear about us? What brought you in to Redgate?”. One of the answers from a couple of months back was: Well a year ago, I got a new boss and she told me that I had…
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Brand Amplifiers
I’m writing this on my way to the Sirius Decision Summit in Vegas (sitting in Terminal 3). I’m hoping to get a lot out of the conference (though I’m currently in option paralysis mode – too many sessions to choose from). But this post is about a very small part of that conference – though…
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Your Customers Pay Your Salary (not your Employer)
“Don’t find customers for your products, find products for your customers” – Seth Godin The simplest ideas are the best. But they can also seem the most banal. Hidden in the Seth Godin quote above is, I believe, one of the key differences between a mature and immature organisation. Between a company that is ready…
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To learn about the “Buyer Process” try buying something
I guess this is more a post about sales rather than marketing per se, but still – understanding buyer journeys and how you can help at different stages is an important part of the marketing role, particularly when the sales cycle is complex. I’ve read quite a lot about marketing funnels – how customers at…
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You’re applying Marketing Theory, But You Don’t Even Know It
I love this article from Helen Edwards – about the need to understand marketing theory but then the need to apply it to the real world. Theory without execution is just an indulgence, a wholly academic pursuit. But if you’re executing well against a poor strategy, you’re just peddling fast in the wrong direction. She provides some…
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Sentiment Analysis of Twitter – Part 2 (or, Why Does Everyone Hate Airlines!?)
It took quite a while to write part 2 of this post, for reasons I’ll mention below. But like all good investigations, I’ve ended up somewhere different from where I thought I’d be – after spending weeks looking at the Twitter feeds for different companies in different industries, it seems that the way Twitter is…
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There are Three Types of Marketing – Inbound, Outbound and… Plain Rude
Reading one of the many number of content marketing pieces from HubSpot, I noticed the following from a basic piece on What is Digital Marketing?, after paragraphs about the virtues of Inbound marketing techniques: Digital outbound tactics aim to put a marketing message directly in front of as many people as possible in the online…
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Your Primary Job as a Marketing Leader is to Prioritise
I’ve just finished the excellent Complete Guide to B2B Marketing by Kim Ann King. It’s very “List-ey” – it’s full of To Do lists (“Want to figure out your budgets for media spend? Here’s a 7-point list of how to do it”), which I really like. Many marketing books are rather waffly and vague, so a…
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Anatomy of a Great Ad
It’s easy to forget, amongst the talk of marketing automation, social media strategy, customer experience, lead nurturing and so on, that you still need well written, well targeted and well designed ads to reach new customers. I spotted a great example this week, and just wanted to run through what I thought was great about…
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Sentiment Analysis of Twitter for You and Your Competitors – Part 1
This post is split in two, primarily because I hit a roadblock half-way through the work – and I wanted to get the first part out. Second part to follow once I’ve fixed the difficult problems! A lot of people follow the Twitter feeds for competitors or, of course, themselves. But, one of the things…
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Write Content That People Actually Want to Read
This feels like a pointless blog post – the think I’m going to say seems so obvious, I shouldn’t need to say it. Still, I see examples where this doesn’t happen, so perhaps it’s worth re-iterating the point. Here’s the incredible insight – if you want people to read content that you write, then it…
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Measuring Customer Experience
Customer Experience (CX) – it’s a popular topic right now, analogous to the importance of User Experience (UX) in the world of product development. And something which I strongly believe is important for a marketing team to get right. So, we all know that getting your Customer Experience great and consistent is important for all of…
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If a Brewery Can Innovate, So Can You
This weekend we went to Southwold and Aldeburgh – two of my favourite places in the UK, for various reasons. One of these reasons is the Adnams Brewery, based in Southwold. It’s been going for over a century and has always produced wonderful beer (as well as other drinks). But a few years ago I…
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Your People Are Your Customer Experience
We went to Milton Keynes today (school holidays – where else would you want to go?) and there were two examples of what I’d call, using marketing jargon, “A great customer experience” for the children. Listening to them talk about it afterwards, it wasn’t just something to do with the actual places we went to,…
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People. Customers. Action.
I was mugging up again last week on the McKinsey 7-S Model, now pretty old, but I still think a great framework for looking at organisational effectiveness. All very interesting, but then I found the post that Tom Peters wrote about the book decades later and found a quote that I particularly liked: “You could boil…
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Human Beings are Holding Back Machine Learning
Machine Learning (ML) and AI are big topics right now. Poor Lee Se-dol has just been beaten by AlphaGo – a machine put together by Google/DeepMind and there are numerous other examples in the news.So everyone is interested, and everyone wants to do more of it. Whether you work in marketing or any other discipline, there’s…
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Why You Can’t Pivot as Quickly as You’d Like
There’s a great scene, towards the end of the film American Sniper, where Bradley Cooper’s character has to take a shot from over a mile away from his target. But the point is, there’s a long time between the point he takes his shot, and when he finds out if he has hit or not.…
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Better to be in the Arena Fighting…
A place I used to work, perhaps 10-12 years ago, had (what I think, now) was a strange custom. Every Monday morning the whole company would get together to go through everything. There were around 70 of us, at the peak, and we would all stand around from about one-and-a-half hours going through sales, marketing, development, ops,…
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The Difference Between Management and Leadership
What is the essential difference between “Management” and “Leadership”? Are these, basically the same thing – “The stuff you do when you get “Manager” in your job title somewhere? These are both such vague, all-encompassing terms (perhaps the worst job title for this is “General Manager” – it sounds like you “just do stuff” not…
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The Value of Completely Arbitrary and Artificial Constraints
Another slightly abstract post today, though based on very real and pragmatic problems. When working on a project, where there are 100s of different options for things you can do and you’re drifting in to option paralysis, often a manager will use a deadline (for example, an event, or a customer demo) as a way…
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Great Customer Service – Detail, Memory and Management
I was fortunate enough this week to go for one of the finest meals of my life. Just incredible food – however, that’s not what this post is about (I believe there are many blogs out there on all things foodie..). It’s about the superb customer service that came with the meal and the elements…
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Why Doing Nothing Inevitably Leads to Failure
Every new idea is a bad idea. Well, not quite, but every time you choose to do something new, there always seems to be 100 reasons why it’s going to fail. Wrong people, not enough people, misunderstanding of the market, can’t extract value from it, too many changes needed, not our core competence, not completely…
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Why Complex Decisions Inevitably Take Weeks
I often find that, when it comes to make certain types of decision in an organisation, this just seems to take weeks. And if you’re unlucky, this can roll in to months. Why? What is it, a lack of decisiveness? An unwillingness to commit to anything? Lack of identification of a “Decision maker”? Just weakness!?…
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How Short Term Data Driven Decisions can be Dangerous in the Long Term
Jeff Bezos’s letters to shareholders are, of course, famous for their insight, not only in to how Amazon functions, but also for their advice on how to run a certain type of business. One of my favourite excerpts, from the 2005 letter is: As our shareholders know, we have made a decision to continuously and significantly…
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Guerilla Marketing for Startups – An Example
We’re on holiday at the moment, in the Netherlands, but just thought I’d write a short post about a great example of guerilla marketing we spotted today, for something we visited whilst in The Hague. There’s a great attraction in a small basement near the centre of The Hague, called Amaze Escape – http://www.amaze-escape.com. Essentially…