CUSTOMERED POWERED GROWTH - SAAS NORTH · Growth Hacking White Hat Growth Marketing micro factors....
Transcript of CUSTOMERED POWERED GROWTH - SAAS NORTH · Growth Hacking White Hat Growth Marketing micro factors....
CUSTOMERED POWERED GROWTHHow do you get your customers
to get you more customers?
MARK ORGAN
Founder & CEO, Influitive
@markorgan
Thursday, November 29, 2018
About Me
Other Facts about Me:
Hired over 400 people
Raised >$65MM
Founder
Creator of Marketing
Automation category
$900M Exit
Experts & leaders of the
B2B marketing revolution
$10-20M ARR
125 Employees
Founder
So I had a discovery…
THE GOAL:Maximize Throughput While Minimizing Inputs and Costs
What is
throughput for a
software company?
But then I wondered…
Advocates
are
THE GOAL
David Skok’s 1 Day Sales Cycle
Every rapid buying process had advocates deeply involved.
If you do build a great
experience, customers tell
each other about that.
Word of mouth is powerful.
Jeff Bezos
TRUST,
not technology,
Is the issue of the decade.
Tom Peters
“CUSTOMER
CENTRIC”
“CUSTOMER
OBSESSED”
83% Trust recommendations
from
friends & family
10% View vendor
content as
trustworthy
Don’t trust
businesses
48%
“The
Medium
is the
Message”
Marshall McLuhan
The Messenger
is
The Message
Successful Companies Understand
● The shifting trust landscape
● The power of community
● How to mobilize people
Mass Media
Direct Mail
Email &Text Messages
NetworkedCommunities
Vendor content
Peer content
Transition from institutional trust to peer trust
1970s 1990s 2000s Today
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“There is an
incredible
community
around the LEGO
brand and the
LEGO brick, and
we didn’t nurture it
well.”
Jørgen Vig Knudstorp
Influitive is
powering the
Klipfolio
Insiders
community here
in Ottawa!
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Motivating Advocates
MACRO Factors micro factors
@INFLUIT IVE
Exclusive Tribe
Advocate
Motivation
Model
Meaningful Impact Social Capital
MACRO
Factors
25
Exclusive Tribe
26
Meaningful Impact
27Michael Beahm, Blackbaud
Liz Pedro
Kim Ellis, BMC
Social Capital
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29
30
White Hat Growth Hacking
White Hat
Growth
Marketing
micro
factors
31
Systematic experimentation on gamification
to drive consistent improvement in results
32
2%
14%
A/B Testing with Advocates
A/B Testing with Advocates
33
We involved Advocates in
our ABM campaigns:
▪ Influenced $2.3 million in
new business
▪ Closed $300,000 in new
deals
of B2B companies
planned to invest in ABM
in 2017
58%
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Black Hat Growth Hacking
micro
factors
Use Advocates to discover unleveraged channels
“What or who is newly influential for you over the past 6 months?”
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19 positive product reviews
37
Devotion Hacking: Putting it all together
• Experimentation
• Iteration
• New Channels
38
Exclusive Tribe
Advocate Motivation
Model
Meaningful Impact Social Capital
Introducing the
Customer-Powered Enterprise™
Customers in Every Stage of the Value Chain
VALUE CHAIN = Supply Chain + Demand Chain
DEMAND CHAIN
Spreading the word and
creating interestMARKETING
Converting your
prospects and providing
proofSALES
Retaining customers and
growing your businessCUSTOMER SUCCESS
SUPPLY CHAIN
Designing and delivering
valuable products and
servicesPRODUCT / ENGINEERING / DESIGN
Efficiently supporting the
business OPERATIONS / HR / FINANCE / IT
Improve user adoption & retention
Launch new customers effectively
& scalably
Uncover account growth
opportunities
CUSTOMER-
POWERED
CUSTOMER
SUCCESS
Higher renewal
rates for K-12 education accounts32%
58%Higher renewal
rates for US corporate accounts
Renewal
Onboarding
CUSTOMER-
POWERED
MARKETING
Using advocates to create
customer stories faster
Encourage customers to increase
sharing online & in person
Building an engaged Community
with advocates
Shares of
social media content2,204
31 Customer Success stories published
Generate
more referrals
Increase access to
customer references
Develop cross-sell
opportunities
CUSTOMER-
POWERED
SALES
Influenced new opportunities410$ K 92 Referenceable
customers
CUSTOMER-
POWERED
PRODUCT
DEVELOPMENT
Continuously collect more
customer insights
Accelerate product
iteration
Strengthen product
launches
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