Transcript
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Conversations from the front lines and marketing. This is B two B growth.
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Today, on B Two B growth, I'm excited to have BASCAR Roy with
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me. He's the head of marketing
over at Worcado and integration and workflow automation
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company. BASCAR, it's great to
have you with us. Same here,
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bend. Looking forward to our conversation. Yes, we had originally connected back
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in February, I believe, and
you guys are doing some really fascinating things
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at Workado that we're gonna learn from
and lean into, uh, specifically around
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using pods and in sort of plays. Before we get there, though,
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just tell us a little bit about
what you're focused on these days, Bascar,
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and what gets you really excited and
passionate about marketing. Yeah, me,
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it's it's it's amazing. You know, I think marketing is one of
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those things, but that is a
constant change that happens and if you look
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at from our standpoint, yes,
you know there has been a little bit
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of softening in the market and as
a result of that, you know a
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number of things. One is we
are seeing that people are devoting or spending
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more and more, are paying more
attention, I would say to automation.
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Yeah, right, because that's a
way for them to scale. So we
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are starting to see a good inbound
coming in other people requesting more or US
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being more relevant to what that is, and as a result of that,
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you know, our messaging is likely
changing some of the place that we had
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originally thought about. You know,
the messaging around those are changing as well.
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But that's what's the exciting part about
it. Yeah, always having to
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kind of be on your toes,
pivot with the market, you know,
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do what's given to you, but
also, you know, figure out the
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way to be most presentable and most
exciting to those potential clients. So,
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okay, with that in mind,
we're gonna talk about pots in place,
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and here's what we had talked about
back in February. Basically, what you
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had done, and you can correct
me if I'm wrong on any piece of
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this, but you took a year
of data and you asked like, what's
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the average deal size, what's the
wind rate, what's the velocity of new
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deals, and then, with that
information, you started to determine what are
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plays that we want to run,
and then groups of people specifically tasked to
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run those. Essentially, it was
a pods and plays type of strategy.
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I know I've vastly oversimplified the process
there, but filling the gaps for us
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about what was important for this transition, for Worcado and what you guys have
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been up to now over what the
last eight plus months? Yeah, so
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thanks, thanks, man these,
thanks for setting this up, you know.
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So I'll step back a bit before
getting into the details. So,
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if you look at work out of
we had a platform, right, it's
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a it's a platform that enables you
to automate your business processes by connecting and
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integrating with your Tex stacts. Right. So, as you can imagine,
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the use cases of what can be
what you can use work cut off out
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a lot. Right. You can
use it to automate your sales and marketing
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process so, for example, your
lead, general lead, you know,
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the way you do lead routing,
etcetera. Financial processes like order to cash,
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procure to pay a child, processes, onboarding, off boarding people.
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There are so many departments and so
many different use cases. So when you
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look at and you know, the
other reality that came in at that time
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is that people don't really buy platforms, people buy solutions to problems. So
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when you look at it from that
particular Lens, you start thinking about,
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okay, what are some of the
key things that our customers are using word
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color for and what are the buying
work Cldo for? So that was the
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I would say that was the genesis
of looking at place. And the the
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great thing is, you know,
we have one of our advisers. His
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name is Dan Rodgers. He was
the Cmo of service now, where he
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grew service now to, you know, just multi billion dollar company, and
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now he had go to market operations
at rubrick. So as we talked to
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them, he introduced us to this
concept of place and so we took that
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to heart and then we looked at
just like saying, we looked at one
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year data. Look at, you
know, how our customers buying WORKADO.
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What are some of these key use
cases that they're looking at? And then
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from there we started looking at,
okay, what does that wind rate look
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like for each of those use cases? What does our spor of its sales
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price look like for each of those
use cases, reclosing them faster or slower?
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Based on those use cases and based
on all of that data, managing
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the data, we came up with
the hypothesis of certain place that we wanted
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to go to market with. So
that's how that's how it originated. Yeah,
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I love I think thanks for adding
color to the picture that we're painting
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here. I think that's really helpful
insight. Before you can get like mass
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adoption, even if you know you
want to run several plays or you have
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all these ideas, you're gonna have
to test it right. You'RE gonna have
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to figure out at a small scale
what works about this. How do we
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implement? What was the first part
you guys assembled? How did you originally
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start this process? Yeah, so
we looked at, you know, we
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have, we serve three different segments, you know, in our in our
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company, one is in the in
the market, one is our commercial segment
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and then there is enterprise segment and
the third one is, you know,
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Workardo can also be used as an
embedded platform. So, for example,
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if you want to from your application, if you want to, you know,
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integrate with other APPs and serve that
as a part of your product itself,
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you can embed white label work cut
and embed as a part of that.
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And these three segments we looked at
and then we narrowed down on the
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commercial segment and we selected our first
play. Two mainly, I would say,
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are the main use case that we
saw. People were buying US far,
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and so it was in the commercial
segment. One very specific use case
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to a very specific buyer and the
buyer was head of business technology and it
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was about, you know, getting
them. The use case was ordered to
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cash. So if you think of
order to cash, it is, you
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know, when you get a sale
down, after the sale happens at the
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order to come comes in, all
the way to how do you recognize the
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revenue? How do you build you
a customer? How do you provision your
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customer? How do you get them
to go live? So that entire entire
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cycle of order to cash the customer
value. That's the use case that we
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saw prominently and that's where we started. So good place to start. Okay.
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So I wonder, and this would
be more of like a larger scale
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business question, but for you guys
at Workado, are you thinking more about
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like jobs to be done by the
what you provide an automation? Are you
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thinking of I C P and like
what kind of language do you guys use
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their yeah, we look at ice
P, so we protectually look at I
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C P means. Who is our
ideal customer profile? What does that look
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like? And then what do they
use Workado for, you know, across
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the board and then found the place
around it. Yeah, that's great.
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Okay. So then the other distinction
that I'd be interested in is some people
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might hear this and they go,
okay, is the pod set up sort
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of like integrated marketing? Is there
some differences there? How would you say,
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like pods and plays versus integrated marketing? Where are they similar? Where
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they're different? That's that's a great
question. In fact, we we grappled
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with that ourselves initially. So Integrated
Marketing, I see, is very different.
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Integrated Marketing is how do you leverage, you know, multiple marketing channels
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to essentially drive demand, deliver your
message, etcetera. Right. So that's
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integrated marketing. The reason why we
call these sales play is mainly because it's
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very aligned to sales. It is
not about demands and or how integrated marketing
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is. It is end to end
funnel. Right. So, for example,
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this would be how do we drive
demand? Let's go back to the
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audit to cash. How do we
drive demand for audit to cash? Yes,
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we may take an integrated marketing approach
to drive demand for order to cash.
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But then it goes to okay,
once the demand comes in, how
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is our sales team going to talk
to them? What does the first meeting
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that look like? What are the
following collaterals that we need to provide to
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a sales team? What do sales
enablement look like? How do we close
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this customer? And once we close
this customer, how do we expand those
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customers? So you look at a
full funnel approach instead of just the integrated
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marketing, which is just the demand
and or, you know, the top
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of the funnel aspect. Yeah,
that's really helpful and I love that approach.
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People are trying this in multiple different
ways and obviously it also depends the
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scale at which your organization is at. So as you're you're doing this,
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who's in the pot itself like,
who are you bringing together to really focus
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on this? Yeah, so it
is, as you can imagine, it's
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extremely cross functional. I would say
that the two core personas are product marketing
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and demanding, and the way we
separate that is demanding is top of the
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funnel in the sense how do you
drive pipeline? What does that look like
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product marketing, is essentially the middle
to bottom of the funnel. How do
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you really close on that pipeline?
What does that look like? But apart
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from that, there is content folks
in that because they're writing very specific content
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to those place, both top of
the funnel content as well as bottom of
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the funnel content. We have representation
from sales leadership sales enablement, because they
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are key function in making sure that, you know, we are able to
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close on the demand that we're generating
for this play. And then, you
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know, depending upon the structure or
what the play is about, we even
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have our partner or channel sales team. If there's a very big channel angle
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to the way we're going to drive
demand for this play, they are part
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of that as well. So that's, in short, you know as to
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what that hard looks like. Now, having said that, it's not that
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everyone is dedicated to one part.
Yeah, that was my next question right,
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in the sense in them multiple parts, but most of the time you
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can see the folks who are really
dedicated to this a product marketing demands and
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and content. Those are the folks
that are dedicated to a part. Okay,
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so then when you're implementing the first
one and then I think actually when
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we talked in February, maybe it
had ballooned up to maybe nine or so
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pods. But how are you thinking
about? And and maybe this is too
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nerdy of a question, but I
think of where people report and then,
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if they're a part of a pod, and then other parts of the organization
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that they're working on. What does
reporting look like? Because I love the
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idea of a pot, but I
could see it also messing with certain pieces
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of where people report and all that. Oh, it is. We are
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still learning how to do that.
I'm glad to hear you. Don't you
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aren't perfect. So so it is. It is underving. It is it
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is changing, right, because all
of a sudden you know, as you
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can imagine, it's no longer the
traditional hierarchical approach that people have. Right,
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your responsibilities are not just your manager, but your responsibilities are what the
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pot is all about, the play
is all about, right, and it's
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unnerving, mainly because you know you're
now accountable to the delivery what is needed
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by your peers in that brood and
it's cost functions. So it is unnerving.
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It requires an organizational change, it
requires a cultural change over that.
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But you know, the great thing
is people recognize that that this is the
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way, essentially, that you have
to get some quick winds and success from
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it, and then it just becomes
easier because then people start seeing, okay,
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all of a sudden, you know, the demand that we're getting is
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more qualified, we are closing at
a much better clip, and then people
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start aligning towards that particular notion of
the pod. But yeah, you're right.
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It messes up your your organization and
mainly because you know you are no
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longer driven by just what your manager
is saying. You're driven by what the
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backlog is and what the requirements are
for the pod. Okay, so you
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have this inclination that it's going to
work because you have some outside voice going,
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hey, should try pods and plays. There's thought put into the process.
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You're not just gonna do this haphazardly, but there's also gonna be,
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like you're alluding to right here,
learnings that happen as you implement. So
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I wonder, going less from a
here's what a pod looks like, just
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more story mode and how it's actually
worked out for you guys. Can you
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explain some of the learnings that you've
had happened in real time and some of
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how that's affected Workado in your team. Yeah, absolutely. So let's let's
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look at overall. You know,
I'll do it before and after, just
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to give you some kind of storyline
around this. So, before we had
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the part structure, you know,
we were doing general demanded right, we
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would run, say, whatever we
paid ads at. There are certain hypothesis
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around messaging. All of those things
we would be running and then the demand
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would come in and then get routed
to whatever, a SDRs and as in
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order to fulfill that. Am Right. So that was that particular notion which
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is there. And when we went
to this part structure, all of a
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sudden we said that we are not
going to do generic marketing anymore. We
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are going to very specifically message around
order to cash. The persona is going
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to be this. That's what our
ads well run, that's what our message
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will be running. A SDRS will
be trained in order to just talk about
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order to cash and become experts at
a specialist started. Our as will be
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trained so that when a lead comes
in around this, they will be able
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to fulfill that particular demand. So, as you can see, all of
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a sudden there is a specialization that
is kicking in as a part of this,
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and so the I wouldn't say objections. So the pushback was, oh,
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but we have done this when it
is working well, why should we
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change it? And then initial part
of it you will struggle, right in
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the sense it just won't work out
of the out of the box, just
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because you have you're saying that this
is the right way to do it.
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But as long as you get people's
mindset saying that you know, this is
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a way that we can scale,
as we can build parts and scale and
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be able to address our customers need
in a much better way, as long
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as they're aligned to that particular concept. They have to get into this mode
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of experimentation. And that was the
change it right, because you know everyone
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would come and say, but this
is already working, we are delivering and
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beating our quarterly targets. Why should
we make this change? So it was
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the change aspect of it, which
was pretty from an organization standpoint and we
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have to learn through that. So
initial part of it was, you know,
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okay, let's do both the genetic
you know, if you have an
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ad budget, let's divide it.
Some goes to the part structure, some
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do the genetic and let's see,
not based on how many leads we are
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getting, how much are we converting
to the quality, this quality of leads
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coming in and a conversion. If
the part is converting better, let's move
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all the budget towards that. So
that had to be some of these experiments
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that we had to do in order
to prove that this part structure works such
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a big piece of this. We've
talked a lot actually recently on B two
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B growth basker about how we report
the numbers that we take a look at,
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and one of the things is there's
there's some new ways of measurement you
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could think about in marketing, but
you're not going to be able to implement
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those overnight and you just hit on
it with this hybrid approach to go,
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okay, here's what we're experimenting with, Here's what we're testing while at the
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same time using the old structure,
because that's a helpful conversation to have internally
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with the marketing team and to have
up up in the C suite as well.
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Right where you're going, okay,
this is what we have been measuring,
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here's a slight shift or a tweak
or what we're seeing from our experimentation,
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and then you can take that to
scale. Yeah, and you know,
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the the other good thing that worked
for us, as you know,
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going back to and this is this
is more of a nuance because of our
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collowing that platform. There's our sales
team. You know, if you look
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at it, our sales team have
to understand like twenty, thirty different use
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cases because they didn't know whether the
customer was coming from it. So I
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have to learn about all the H
R processes that I need to automate.
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I have to now become an expert
in finance and understand all of this.
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I also have to become an expert
in I T. I also have to
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become an expert in this. There
was just too much for them to learn
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to be able to deal with any
of the leads. Now, with the
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specialization, then it becomes simple,
mainly because these are specialists. You're specialists
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in terms of the finance, automatitions
of things. You know exactly how to
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talk about this one thing that you're
learning, learning it really well and becoming
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an expert in that. So that
specialization helped them simplify and you know,
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figured out round times became better just
because they had to focus on a couple
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of things rather than so many different
things. So there's benefits that we probably
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could have seen coming from a pod
structure. Like I think about alignment.
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If you put people from different parts
of the organization together, different even marketing
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roles and functions together in a pod, they're going to have to work together
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closely. Alignment is going to come
into play. You could have seen that
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before and and and seen that coming
down the road. I think of experimentation.
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Also potential there that I would have
seen beforehand. But I want to
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go to maybe have there been some
unforeseen benefits of implementing pods in plays that
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now you can look back over the
last several months ago, Oh man,
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we didn't fully see this coming,
but this has been a benefit for our
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our marketing team and for Worcado as
a whole because of implement station of this.
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Yeah, so it has, and
I think it is. It is
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the simplification for our go to market. You know earlier, overall, you
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know we would means, if you
go back to the generic side of things,
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we would be testing so many different
message, so many different side of
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things, so many different personas.
All of a sudden now we're saying that,
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no, we're going to focus on
these three things and simplify the entire
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go to market all the way from
demand and to close. Right. So
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I think we kind of had a
sense that this will help us focus.
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But you know what the big learning
was? We didn't realize how much it
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will simplify things overall. No longer
is the content team just generating content for,
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you know, just seo purposes,
the purposes. It's not se O,
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it's not about that. It is
about converting these kinds of customers.
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Are Drawing these kinds of folks into
the into the funnel. It just became
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more purposeful. So I think it
just helped a cross the board around where
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people saw the purpose and it's simplified
the go to market overall. That's a
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great way of saying it's simple and
purposeful. Are Great words to call us
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back to, which would lead us
into the how part of this conversation.
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Because to me I'm going, okay, you're selling this idea. It's been
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complicated, it's had some mess to
it. Right, still working out some
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of it, but people being okay, I can see the benefit of this
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type structure, but I would not
know how to get there. So if
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we placed you, or let's say
you put on your your consulting hat for
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a second, Baskett, what would
you say for those that are going,
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all right, we want to formulate
some sort of pod to test this,
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where will we start? Yeah,
it's a great question. So the first
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thing I would say is, you
know, if you this to me,
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I think is lends itself well to
a product that supports multiple use cases.
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Right, if you're selling to one
buyer and one particular use case, then
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you don't really need to go through
that trigger. You really understand that buyer,
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you unders and that one use case
and you're selling that part may not
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be the right approach. But if
you have a platform like product which can
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serve multiple buyers multiple use cases,
then you know, start diving into it.
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And the way to dive into it, you know, is in a
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couple of different ways. One is, if I was placed into a brand
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new company or, you know,
what's consulting to a company that is a
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platform product, I would first talk
to the sales team, multiple sales reps,
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to understand, you know, what
is working for them, what is
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not working for them, what kind
of use cases that they are saying?
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What are they selling? How do
they sell? Get understanding of that.
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Then go to demand and to understand
how they're driving pipe and looking at how
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well that is converting, how the
handoffs are working well or not. Then
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go through, you know, do
the due diligence, look at call recordings
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from customers to see what kind of
conversations are customers having, you know,
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other teams that are having with customers
and what are customers saying, because at
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the end of the day, you're
looking to replicate how your customer is going
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to buy your product and create the
sales play around it. So getting it
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from the customer voice, looking at
that as to how they're talking about it,
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how they're stating their problems, looking
at that and then look at the
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data. Right, once you have
the data, then, armed with it,
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you have to get now organization buying. That's you have to go to
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your C R O or your CEO, your demands and leader and others,
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saying that, okay, this is
a change, here's the reason for that
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change. Here are the place that
we think at the right place to run
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and, you know, work with
them in order to find. You know
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that it takes some time before it
can take shape because without internal buying from
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all the various stakeholders who are who
are participants in this entire go to market
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function, you know it won't take
off. Yeah, it's internal, then
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it's external in the way of customers. Then you're saying go back to the
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data and then bring that up internally
to a larger, maybe like c suite
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level, discussion. I think each
of those steps obviously crucial. I like
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that, regardless of if you're in
a company that's at the scale that would
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need to implement pods immediately. One
of the takeaways for me from this conversation
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is just when you even if you
could do this for a project where you
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were creating some cross functional forced alignment, you're gonna learn things and that's we
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we've preached that often internally here at
sweet fish lately, just talking around the
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need for those forced conversations, especially
in a remote environment, and that happens
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automatically when you do some of this
pod type structure. So any company,
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any size, could learn from what
you guys are seeing by by tweaking this
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and and then others that are already
at that scale could obviously implement more of
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a pod type structure and and and
get to buy in needed. When you
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think of the key elements for helping
you form these plays before they get to
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the Pod, what was most important
to pay attention to? What was most
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important to like the key element of
the plays that you were going to run?
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Yeah, the to me, external. It is very, very much
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focused around, you know, what
are your customers saying in the conversation regarding
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what they're buying? So it is
it is how your customers buy. So
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listening to your you know, call
recordings and having these qualitative discussions with your
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customers and even potential prospects just to
understand, you know, what words are
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they actually using when they say that? Are they really saying that I have
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a means, means I want to
improve my order to cash, or are
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they saying something else? So you
have to formulate that play around how the
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customer wants to buy and the problem
that they're looking to solve, rather than
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inside out right. So I think
that's to me that the lynchpin around making
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that work is is that outside in
approach and just always keeping that in mind.
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What did you guys do to make
sure that your insights were correct,
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because if you're outside focused, you
you could think you're hearing one thing but
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it could be another. So like
who's in, who's involved in listening to
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what customers are saying and actually creating
those places? Was it an internal thing
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or were you hiring externally to create
those insights? So it was internal,
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so we had that's why, you
know, sales, this is another big
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part of it. Sales is such
a big, big part of this,
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right, because they are the ones
who are, you know, day in
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and day out, doing these calls
right with customers and understanding what they're saying.
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So sales was a big part of
this. And Product Marketing, so
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sales and product marketing came together in
order to come up with the place.
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Now, product marketing obviously looked at
the data, etcetera. So they brought
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that data element to it and then
the discussion happened. At these the right
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place or not? If these are, this is because this is what data
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is saying, but is that really
cool? So it was it was a
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combination of you know, I would
say, the sales leaders and the product
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marketing leaders coming up with what those
this place look like, what those places
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could look like. Now there is
one thing that Benji, we didn't touch
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on is it's it's a lot of
it is data driven, but some of
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the place, or I wouldn't say
some, one of the places that we
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always call these we call the flyer
place. These are experiments because you want
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to have some experiments. Right,
it's something, some focused, but then
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you're starting to see some trend come
into the market, right, you're starting
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to see somewhere there are some signs
that we are winning over here. You
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don't want to be so strict that, you know, you don't accommodate for
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that and lose that opportunity. So
we call those flyer place, where we
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can spin up a pot with maybe
not much, maybe just a product,
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marketing and demand in person, and
then we see how that works. These
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are experimental place and then you go
through that same rigor as if you are,
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you know, executing that play with
the mind are we are we winning
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over here? What does that wind
look like? HOW IS OUR SP working?
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What does the wind rate look like? And then matching that, you
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know, across the board. So
that has to be some flexibility in that,
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otherwise you would miss opportunities. Good
Point. there. Thanks for for
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bringing that as well. I wonder
when you're thinking of pods. The piece
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that we also didn't didn't touch on
that we need to is how long are
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these pods together? What was the
initial phase of like how long were they
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planning on, you know, running
this thing, or was it indefinite?
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What does that side look like?
Yeah, so when we went into it,
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we knew that it would be at
least a year because we didn't see
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any science as to why those would
change. We realized that messaging, etcetera,
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could change, but the core use
case won't change. So we went
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into it. Where why we had
those core plays, which we call long
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running, which we don't. We
have not put a time limit on,
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you know, Benjing, because we
think that those are core ways. So
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understand that there are science that okay, this is not working anymore. We
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think we'll continue those right. So
that's one aspect of it. So those
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are core plays. Now the flyerplace
totally depend right in the sense these are
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experiments, but we give it a
good at least six months, because that
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you need that time to make sure
that you have the right learnings there and
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you're not abandoning something where it could
have the potential. So for the flyerplace,
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you know, we kind of say
that, you know, we have
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to try for at least six months
before we give up. So that's that's
393
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how we look at it. Okay. Well, my last question for you
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as we start to wrap up here, bastards, just when you're thinking of
395
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what this process has entailed from start
to where you are now, somewhere in
396
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this this messy sort of middle,
you've seen some success, but you're also,
397
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you know, continuing to tweak and
make it better. What are the
398
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things that you would tell people who
want to take this approach to watch out
399
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for? What should we stay clear
of? Any any key learnings there as
400
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we as we start to wrap up
today? Yeah, so I would say
401
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that, you know, you have
to somewhat commit to it, because this
402
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is as an organization. You know, and I know that it may be
403
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hard to say that, how can
we commit to something which may or may
404
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not work? But you have to. And and the reason for that is
405
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if, as an organizationally, you're
not changing towards that, most likely you
406
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will not see the success. Right. So, if your demands and is
407
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not focused on it, if you're
product marketing, your content team, your
408
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sales team and not really working together
in order to make that play work,
409
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you will either get most likely you
might even get just either false negatives or
410
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something like that, or false positive. So be aware of that and so
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commit to it as an organization for
a period of time to see and make
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it work, because it will take
time. It's a pretty big shift right.
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It's no longer generic marketing. You're
specializing, you're going after it in
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some focused ways, in a very
focused manner, and you have to commit
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to that as an organization. So
I think that's, to me, the
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learning overall is make sure that you're
committing to an organizationally, plus you're getting
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that cross functional alignment right upfront with
all the various go to market functions for
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it to work. And you would
say if I placed you in a new
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company, same scale, obviously would
have to make sense, but this is
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a process you'd be willing to go
through the headaches of implementing again because you've
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seen the success from it. Absolutely, because you know all of a sudden,
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think about it tomorrow. All we
have to do is if we can
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get into this kind of mode,
we still see another market opportunity or we
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do something we're spending up place.
Yeah, and, you know, going
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after it as in an independent way, attacking that specific segment or that whatever
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is that market there, with the
value proposition that's very specific to it and
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looking to see how we win there. Absolutely, I means it's it's the
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way for us to scale to,
you know, toward this billion dollars of
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revenue and more. Fantastic, man. Well, this has been so interesting.
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There's so many more questions we could
get into around pods in place,
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but I think this gives us a
great start and a great jumping off point.
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Things to think about around alignment,
things to think about experimentation, how
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you communicate with customers, how you
actually get those insights, and this has
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been fantastic. Fast. For those
that want to stay connected to you and
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to work caught out, tell us
a little bit more of how we can
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00:29:00.440 --> 00:29:03.319
do that. Yeah, absolutely.
So the best way to connect to me
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00:29:03.559 --> 00:29:10.279
is linkedin. I'm Oskar Roy,
head of marketing at Orcado, so I
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00:29:10.279 --> 00:29:15.279
think by Linkedin handle is a Huskar
Roy as well. So, yeah,
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00:29:15.559 --> 00:29:19.240
hit me up on Linkedin and with
Orcado we have a great presence on Linkedin
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00:29:19.279 --> 00:29:23.200
as well. If you have any
questions. Feel free to connect with me
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00:29:23.240 --> 00:29:29.240
on Linkedin ask any questions. I'm
active there and happy to help perfect well.
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00:29:29.440 --> 00:29:33.200
We really appreciate you stopping by the
show and I know that it's conversations
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00:29:33.240 --> 00:29:37.920
like these that help fuel growth and
innovation for B two B marketers, and
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00:29:37.960 --> 00:29:40.920
that's why this show exists. So
if you want to connect with me as
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00:29:40.920 --> 00:29:42.440
well when you're listening to this,
you can search Benji block on Linkedin.
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00:29:42.480 --> 00:29:47.359
Would love to chat with you about
marketing for everybody. Keep doing work that
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00:29:47.440 --> 00:29:51.279
matters, the important stuff. We
want to focus in on that and Basker,
448
00:29:51.680 --> 00:29:53.400
thank you again for for stopping by
the show. Thanks, Benji.
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00:29:53.559 --> 00:30:08.880
This was very helpful. I had
fun time talking to you. Absolutely B
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00:30:10.000 --> 00:30:11.839
Two B growth is brought to you
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00:30:11.920 --> 00:30:15.480
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