Ampliz's Podcast channel is a podcast directed towards all Sales, Digital Marketing, Business Development executives, and Growth professionals. We discuss evolving changes and needs in this field.
Ampliz is a global B2B Data Intelligence platform that enables in making quick sales decisions.
How to understand the mindset of the buyer_ Saurabh Madan, GM Sales APAC, MoEngage b2b Binge
Saurabh Madan oversees Moengage's go-to-market and customer success initiatives in South East Asia, Australia, and New Zealand. Based out of Singapore, Saurabh has had over 15 years of experience in Sales & Business Development. He is a writer, tech enthusiast, writer, and sales coach.
At the B2B binge APAC edition, he spoke about one of the most significant challenges marketing and sales folks across the globe face – the mindset of the buyer. Companies have been trying to unravel the secrets of understanding the buyer mindset always. Many companies have tried various methods to do it and have succeeded relatively. However, the process isn't homogenous yet. It may work for one but may not work for another. So the experimentation has to go on.
Understanding of the customer starts with the discovery and backward to selling. Find there is a need or problem that requires solving. Find it and talk about then devise a sales pitch that works for them. Directly jumping into a sales pitch is not justified for both the parties. You don't know what they want, and the customers are being taken for granted. A salesperson should never do that in his right frame of the mind.
Therefore, there has to be the right modus operandi of communication between the two. Discover more data points about the customer better. You are off understanding them. You have to realize that everyone is buying. Everyone in your funnel is buying.
B2C and B2B buy very differently, and the way you discover the mindset is also quite different. For a B2C, there is plenty of data in the form of Data-lakes and massive databases that can be tabled and presented in the form of graphs and charts to help you understand your enormous number of customers you are targeting. Organizations employ large data engine to gain this inference.
But for a B2B, the idea is entirely different. Each one of them has a unique need and cannot be generalized to an enormous mass of customers. The more conversations you make, the better you understand your customers. You cannot generalize your product, but you can make slight customizations to suit your customers. To make those customizations, you have to understand the customers deeply. It needs many conversations. With LinkedIn, you can cluster many similar profiles, but it won't help you group based on the mindset. In a discovery call, try to understand the below few things:
What are you solving?
What are your customers' issues?
What is the problem they have identified and able to solve?
What are the problems they have identified and not able to solve?
Of all the problems they face and trying to solve, can you do better at solving the problems?
How will you impact them in terms of sales, revenues, KPIs, and other forms of impact?
Build your reputation with your customers so that they open up to you. To build a personal rapport, you have to be genuine and find that commonality between you and your client. Then make the relationship on the commonality. Unravel the mystery behind their needs and problems by continually talking to them and understanding them.
Why is sales and marketing alignment crucial for revenue growth? – Mona Lolas, Sirius Decision Partner at Forrester- B2B Binge
Mona Lolas is an accomplished Global Sales and Marketing Executive with over 25 years of experience in the IT industry. She has international exposure in conducting business in Australia, APAC Regional, and Global roles working in Vendors and Blue-Chip Companies. Mona has built new business lines, bringing new products to market and establishing vendor's presence in the Asia Pacific region. She holds extensive experience in go-to-market plans that directly support business growth objectives and drive significant and measurable ROI - increasing demand, driving sales, and positively impacting brand equity. Mona has led highly skilled marketing teams that deliver engagement with the channel and end-users and continuously learn through evaluation and iteration. Mona has a passion for promoting women in leadership positions and advocating empowering girls join the IT industry.
Mona showered Ampliz B2B 4th Edition with her immense knowledge and spoke elaborately on how important it is to align sales and marketing. Alignment in sales and marketing comes from the top of the organization. The message has to be crisp and clean from top to bottom. The value you offer to your stakeholders should be communicated across your organization equally. CSO and CMO are the keystones in this endeavor of creating alignment. They have to communicate effectively to align both the teams.
Marketing and Sales KPIs should be focused on delivering value to your stakeholders while speaking the same language. Marketing will control the channels and talk about the language that aligns with sales and your target audience. It asks from marketing much focus on what they are doing, what they cannot do while maintaining alignment with the sales. Marketing activities should not spread too thin.
Prioritize the role of marketing and have the objectives mapped out and aligned with the overall aim of the organization. As said before, it should come from the top to bottom. The organization's purpose should breakdown slowly into department objectives to team objectives to personal goals.
How to build high performing and resilient sales teams? Sudhir Nayar, MD Commercial Sales, Cisco - B2B Ampliz
Sudhir Nayar is the Managing Director of Commercial Sales at Cisco. For the past 30 years, he has led IT sales operations by creating skilled and empowered teams. In the process, he has mentored budding leaders for the Indian IT industry. Sudhir leads IT sales teams across large enterprises and SMB, built and transformed channels, developed a corporate strategy for leading IT companies like Sun Microsystems, Oracle, Microsoft, and Cisco. He is always looking out to participate in industry forums to learn, share my perspectives, and interact with like-minded professionals on digital platforms. Sudhir is an eloquent speaker, great mentor, environmentalist, Strategic Leader Focused On Revenue, Growth, and Profit Maximisation.
At Ampliz B2b Binge, he spoke elaborately on how to build high performing and resilient sales teams. He has outlined five steps to building transformative teams.
1. Build trust within the team
2. Focus on the health of the business
3. Building a winning culture
4. Formulate a three-year plan
5. Effective communication
Listen more. The first time you meet your team, talk to teammates about their success, how can, as an organization, you can help them grow and ask how can you help them achieve the goals. When you ask them these sets of questions, they start opening up to you. Your teammate becomes a little chatty and starts trusting you. Go back to them and tell them what can be done now and what can be done later. Focus on their strength and try to leverage them.
Focus on the health of the business
Most businesses focus on topline and bottom line. However, as a leader, you should focus on what is coming in the future and prepare your team. Keep an eye out for the changing trends and communicate it to your teams regularly. Please encourage them to adapt to the changes and keep learning new things.
Build a winning culture
Build culture by inspiring them and giving them a sense of safety. When people feel safe and hopeful, they can choose to go beyond what is expected of them. Then your job changes form inspecting to inspiring people. Your work now is instilling hope in them. That is when the time arises, they give more than 100% of their abilities. Accept failure and foster growth and nurturing.
Formulate a 3 Year plan
As a leader amongst leaders, you should have a six month, one year, and a three-year plan—Breakdown the big picture in your mind into bite-size achievable chunks to make things easier.
All the plans and the above-mentioned activities will fail if you don't have a concrete communication plan. Understand who are your key stakeholders are and what their priorities are. Focus on how you can align the priorities to achieve the goals. But it has to be adequately communicated. Therefore, have a communication plan that aligns with your key stakeholders and speaks their language.
Listen, Understand, Act- The Experience Management Imperative – Utkarsh Maheshwari-Ampliz B2B Binge
Utkarsh serves as the Head of Business Development for SAP Asia Pacific and Japan. Based in Singapore, Utkarsh is responsible for market development strategies and sales programs across Asia-Pacific and Japan to realize the potential and future proof of SAP's long term vision. Leading with a customer-first mindset, he has a proven track record of developing sales and business development strategies that enable Intelligent and connected enterprises enabled through a best in class Experience Management.
Utkarsh is passionate about the digital economy and its implications for the customers and the broader ecosystem of SAP. In a leadership career spanning 15 years, he has worked on Product development and management, customer lifecycle, Business transformation, People Leadership, Sales, and Business Development.
At Ampliz B2B Binge APAC edition Utkarsh delivers insight into various kinds of experiences customers have. How understanding and leveraging experiences can foster growth? Providing expertise is the most critical factor that has governed the development of the most influential organizations in the world. Experiences are the interactions that people have with the organization. If you can manage it, you can provide the best possible experiences.
66% leave brands due to lousy brand experiences, and 95% share it on social media. Any occasion, good or bad, always escalates across communities. Whether you want it or not, the bad experiences escalate faster. Therefore, organizations prepare well ahead in time for various scenarios.
User experience and customer experience are two integral parts of the experience management. User experience deals with providing the best possible experience while using the product but the customer experience deals with the complete lifecycle of the customer. Customer experience goes from the first touchpoint to the last touchpoint in the lifecycle. In some cases may extend beyond it.
The industry is willing to spend billions of dollars on it. The experience is so important because it is the experiences that make you trust a brand and later on purchase from them. Experiences lead to a better social presence that leads to the creation of business opportunities. Research says there are seven touchpoints before someone becomes your customer. So you have seven chances to provide and build on great experiences. With each experience, you have an opportunity to get a customer. The loyalty increases, and you can upsell your products, which leads to the growth of the top line.
The question now arises how do you build experience. The answer lies in data. Organizations have to manage experience from end to end the journey of the customer. Measure every possible interaction. Experiment and save the data and apply measurable inferences to improve the experience. The biggest challenge and opportunity for an organization is to have a single source of truth or information. The challenge lies in administrating the relevant information. The most effective option is everyone has the information about the prospect and at what stage the potential is in. Having this knowledge provides the right opportunity to create great experiences.
How to create content for people and content for Google_ Fernando Angulo, HoC - SEMRUSH b2b binge
Fernando Angulo has 10+ years of experience in digital marketing. He is currently Heads Communications at SEMrush Inc. Fernando is actively involved in the search marketing world and a regular speaker at Digital Marketing and Ecommerce conferences and events worldwide. He specializes in Competitive Intelligence and Competitors Research, SEO, and Paid Traffic Strategies for eCommerce and online business.
When 77% of the company focused on content marketing, only 48% can explain their strategy. It's mind-boggling to see that less than 50% of people have an in-depth understanding of content marketing. On average, they spend less than USD10000 on content marketing. The significant challenges faced by the organization is generating quality leads from the content and generating quality content.
The quality content is one that aligns one with your target persona. Organizations should spend time creating various formats of written content and find what aligns with your customer. Once you ascertain what your target persona want, optimize your content for SEO and target persona. The format becomes the brand language that can help you generate more qualified leads that resonate with you.
Follow the praetor principle of the 80-20 ratio. Spend 20% time writing or creating content and 80% of time distributing it. The main channels are social media, email, and various other channels. The primary sources of traffic still search and direct traffic. The customers are looking for more valuable and conversational content, answers to their questions. They are trying for a more featured snippet. The featured snippets are the primary source of creating brand impact.
Measure the impact of your content through the social media channels, direct traffic, and the quality of leads generated. So have a flow set for your content marketing. Analyze your content and create a plan for it. Then act on your schedule, monitor the activities related to your content, and maximize the impact by sharing on social media, optimizing SEO, and link building exercises.
Create long-form content with words exceeding 810 words. Cover the topic in detail and add as much value as possible. Answer as many questions as possible that genuinely answer to the queries of your target audience. Have a structure to your content and repurpose them to different formats to make it easily consumable.
Key business ROIs that marketing should contribute to - Namrata Kapur- Head of Marketing at IBM
Namrata Kapur is the Head of Marketing of the Cloud Integration Department of IBM. She is also the host of the vlogging series Marketer in tech. She is also a writer, speaker, and mentor.
At Ampliz B2B Binge 4.0 APAC edition, she shares nuggets of knowledge regarding measuring the KPIs that matter to business growth. Marketing goes beyond awareness today. It has every nook and corner of different processes.
All KPIs of various departments are interrelated. They have to club into a bucket so that they are focused on the right ROIs. ROIs are achievements of business goals. The business goals are leads generated, do prospects know your offering, how do you differentiate from your competitors, are different teams are aligned, and many others.
One of the most significant ROIs is the Share of Voice. Share of voice measures how your presence compares across competitors. Do your activities contribute to the above ROI?
Are you driving the right traffic? Do the events or various activities bring in the right traffic? How are you actively pursuing them? What are your conversion rates to and of leads?
When organizations ask what is your plan for the next quarter. It means how you can reach the goals and your tactics—all your steps involved in the tactic need to have KPIs and ROIs. When you have all that information in place, it will help you achieve the goals.
The best way the organizations can achieve great ROIs iff the KPIs are aligned to it. The way to go about achieving the KPIs is to plan, execute, analyze, and adapt. Plan meticulously, perform consistently, analyze honestly, and adapt ruthlessly. There is no other way.
It does not matter you follow a funnel, pipe, or a flywheel; every stage you interact must have specific things you want to achieve or ROIs. To reach the ROI numbers, you should have small measurable KPIs so that you can measure and take necessary actions to realign your actions.