In this episode, Anne Janzer, writer, content marketing consultant and author ofSubscription Marketing: Strategies for Nurturing Customers in a World of Churn joins us to discuss lessons from working with a hundred technology companies and clients that include serial entrepreneurs, industry thought leaders, and technology pioneers.
Implant value marketing perspectives at the very beginning. It's like retirement savings: 20-year-olds should invest rather than waiting until age 30, 40 and so on. Just like investing, recurring revenue is a compounding metric.Focus on the ongoing customer relationship from the start to build it into culture as a competitive differentiation over time.Start from customer launch plans - there's no difference between marketing messages and training messages - you're expecting a seamlessness of tone, style and message. Marketing needs to reach out across boundaries through the customer journey to ensure promises made in marketing are realized in the customer experience.
Helping customers achieve objectives.Demonstrating value (or helping customers understand the value they are getting from the solution.Adding value through activities beyond the solution.Creating additional value in the customer relationship.Aligning your business model and story with customer values.
Who's Doing Value Marketing Well?
Red Bull, Influitive, Gainsight and more.
Empowerment marketing and the power of the Up-Serve
Companies who help people be better at their jobs to become better project managers (and oh by the way use our product).Recommended reading: Winning The Story WarsOriginal iPhone commercials showed users ordering flowers, not using features.How can I add value to customers and make them successful?
Don't just look down at "the ball" and whack it. Work on the whole swing and think about where you want it to go - it's the same with customers. Think about the long-term relationship.
Everyone needs to own the customer. It's like the DMZ. Embed marketers on customer success teams and have people cross-report to have feet on the ground working across parts of customer experience.Create cross-functional customer task forces.If you don't have top-down blessing and organizational structure and support to do this.You can always take a marketer to lunch.
There's a reverse bell curve; some startups aren't even thinking about it but some are and don't have the organizational boundaries that are divvying up who is responsible for which phase so you have innovative startups doing value nurturing activities.At the other extreme, some really large Fortune 100 companies that can create organizational categories for customer marketingWe're missing the middle of the bell curve doing marketing beyond the sale and focus: that's a big opportunity.
Marketing is key to doing customer success at scale.Marketing is key to campaigns, automation, content, community.A few forward-thinking organizations are looking at revenue, retention and customer loyalty as metrics on which marketing is evaluated.If marketing wants to be relevant to revenues beyond the sale, marketing should be evaluated on longer-term metrics. Sign up for revenue targets, marketers!