C-Suite Marketing Perspectives Steven MacDonald
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- Business
Welcome to the C-Suite Marketing Perspectives podcast, where we bring you the latest updates and insights from the dynamic world of B2B marketing. Join us as we dive deep into conversations with CMOs, CEOs, CROs, and other top marketing leaders who actively push the boundaries, experiment, and successfully implement cutting-edge strategies, tips, and tactics. Stay in the know and stay ahead in the ever-evolving realm of B2B marketing with this show.
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Unlocking Revenue Opportunities Through Win-Loss Analysis
💡Stu Perlmeter, founder of 1st Resource, Janet Flesch (Practice Lead), and Kelly Eisner (Interview Analyst) discuss the power of qualitative win-loss analysis. They reveal insights on buyer journeys, pricing, sales streamlining, product development, and marketing improvement. Storytelling and buyer trust are key revenue drivers.💡
"When done properly, win-loss analysis can deliver deep and surprising insights that help build the roadmap to winning more and the success that every marketing and sales organization strives for." - Stu Perlmeter
The win-loss analysis offers qualitative insights into the buyer journey and decision process, which is particularly beneficial in complex B2B sales. Through one-on-one interviews, it uncovers competitive insights, pricing concerns, sales process improvements, and product development opportunities. This method fosters open dialogue, allowing buyers to share experiences and inform marketing strategies by validating target segments and refining positioning and messaging.
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CSO POV: How to Get Marketing More Involved in Sales
💡 Megan Howe, Chief Sales Officer at Oversight, explores ways to increase marketing involvement in the sales process. She emphasizes the importance of deeper collaboration between the two teams for faster deal cycles and revenue growth. She also highlights the importance of genuine curiosity about each other's operations and appreciation of the complexities of their respective roles. 💡
“The balance between sales and marketing involves having a genuine curiosity for how the other operates and an appreciation for the intricacies behind each role.” - Megan Howe
Organizations prioritizing sales and marketing alignment are nearly three times more likely to exceed new customer acquisition targets. This statistic from Gartner highlights the critical nature of the relationship between sales and marketing. It's not just about working together better; it's about the company's overall growth and vitality. In today's revenue-driven landscape, this alignment is the cornerstone of success.
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Lessons Learned from Building Many Aligned GTM Infrastructures
💡Crys Black, a marketing expert with a background in tech startups, discusses the importance of creating an aligned go-to-market structure within a company. She emphasizes the need for aligned goals, transparency, and trust among different departments, such as sales, marketing, and customer success. By using tools like OKRs and CRM systems, companies can track and measure ROI, empower sales teams with quality content, and create a customer-centric approach to marketing.💡
Crys emphasizes the importance of tracking ROI in an aligned go-to-market structure. By creating dashboards and reports that measure engagement, intent data, and other metrics, teams can assess the effectiveness of their marketing and sales efforts and make necessary adjustments.
“First is aligned goals. If we don't have aligned goals, we can't succeed..” - Crys Black
In this podcast interview, we will delve into the insights shared by Crys and her lessons learned.
Follow Crys Black on LinkedIn - https://www.linkedin.com/in/crystalblack/
Follow host Steve MacDonald on LinkedIn - https://www.linkedin.com/in/stevensmacdonald/ -
2024 Report: Why Content is the New ABM
Barbie Mattie, former VP Principal Analyst at Forrester and current growth strategy consultant at Iron Horse, discusses the findings of her recent report on investments that B2B companies are making in 2024. The report reveals that the top three most important outcomes for high-growth companies are efficiency, retention, and expansion.
Mattie emphasizes the importance of content in achieving these outcomes, stating that content is the new ABM (account-based marketing). She highlights the need for audience-centric content and a connected buyer journey. The report also shows that investing in content marketing technology is a top priority for high-growth companies. Mattie advises CMOs to learn from the successes of high-growth companies and emulate their strategies.
"Content with journey-specific messaging is the most effective mechanism to get from target to ICP; optimizing that practice enables a more efficient go-to-market approach." - Barbie Mattie
The findings of Barbie Mattie's report shed light on the importance of efficiency, retention, and expansion as key objectives for high-growth companies. The data highlighted the crucial role of content in achieving these outcomes, with audience-centric content and content marketing technology being key areas of investment. By focusing on delivering value, building trust, and providing thought leadership through content, companies can drive growth, reduce sales cycles, and strengthen their brand.
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Part 6: Why Do B2B CMOs Fail So Quickly?
Mark Stouse, former CMO and current CEO of Proof Analytics, challenges the notion of being a data-driven CMO. He argues that most CMOs are doing data wrong and need to shift their focus to a more holistic approach to analytics.
Mark also points out B2B marketing's time lag in analytics for proving ROI as a major reason why CMOs are being unjustly fired due to lack of performance.
"We ran analytics and found out whether the CMO firings were justified. Four out of the five were not justified." - Mark Stouse
Through his extensive interviews with CEOs and CFOs, Stouse sheds light on the frustrations and concerns of business leaders regarding marketing's lack of accountability and credibility.
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CMOs: The Impact of FOMO on Revenue
💡B2B marketing specialist Amanda Rabideau highlights FOMO's influence on revenue marketing. She advocates targeting specific audiences, enhancing customer understanding, efficient resource allocation, and faster growth. Emphasizing the importance of aligning sales and marketing goals, she notes that misaligned incentives can impede company performance.💡
Amanda emphasizes the importance of understanding the target audience and conducting voice-of-client interviews to create relevant and captivating marketing content. Amanda also highlights the need for startups to narrow and focus on one or two specific audiences to achieve product-market fit and accelerate business growth.
"The right content that's relevant, that's timely, that resonates with your audience, that ranks a 10 out of 10." - Amanda Rabideau
The conversation also touches on the alignment between sales and marketing, the significance of high-quality content, and the power of thought leadership in sparking conversations. Connect with Amanda on LinkedIn or YouTube for more marketing insights.
Follow Amanda Rabideau on LinkedIn - https://www.linkedin.com/in/amandarabideau/
Follow host Steve MacDonald on LinkedIn - https://www.linkedin.com/in/stevensmacdonald/