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  • Feb 3 2025

Podcast: Is this the next evolution in B2B marketing? With Ari Capogeannis, Director of Revenue Marketing at NVIDIA

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Get insight into the next evolution of marketing with Ari Capogeannis, Director of Revenue Marketing at NVIDIA. 

Ari shares his sophisticated, yet simple, approach to marketing that revolutionises what marketing can offer to an organisation. You’ll learn how AI and data analytics are transforming marketing from a traditional practice into the data heart of businesses.

Gain cutting-edge insights on aligning sales and marketing and making impactful forecasts using data. 

Whether you’ve got a team of 2 or 50, a budget of £10 or £1m, this episode promises to enlighten and inspire, offering practical takeaways for teams of all structures. 

Listen below, on Apple Podcasts or Spotify

And once you’re done listening, find more of our B2B marketing podcasts here!

Find the full transcript here:

Hi, Ari. Welcome back to the Finite Podcast. Thank you. It’s good to see you. Yeah, it is good to see you too. It’s been a long while. I can’t believe it’s been four years since you were last on.

And yeah, it just reminds me, one, I feel like I’m getting really old, and two, where has the time gone?

So last time you spoke about revenue marketing, and you gave us a lot of insight into how you approached marketing from quite a sales led perspective.

And we’re not going to talk about that today because there’s been so much that’s happened since. And I’m sure you have a whole kind of new philosophy towards marketing, which I can’t wait to hear.

But first, I would love to hear about you, who you are, where you come from, your background in marketing and all of that.

I’m Ari Kapoyanis. I head up revenue marketing at NVIDIA. My background is primarily in data driven marketing. And whatever buzz term happened to be labeled on that in the past, whether it was demand gen, growth marketing, revenue marketing, and the like.

No matter what we’ve done with whatever technology at our disposal or lack of, I’ve always had a fascination with data.

And that’s my background. I live in San Jose, California. Born and raised and focused on revenue growth in a global economy. It has been a long four years since you joined us last, and you still had the same kind of revenue data mentality.

So I’m interested to see how that has evolved. I want to know what has changed since then, what has changed for you, either circumstantially in your marketing team and your marketing structure, anything like that, but also in your mindset.

Mindset wise, I think the biggest change four years encompasses that milestone where we had that iPhone moment of AI.

the big boom with open AI and AI at the disposal of individuals that typically wouldn’t have a budget for the super compute and developer army that you traditionally require to dip a toe in the water there.

So from a mindset perspective, my foundation is still the same. If you go back to no technology and one-to-one enterprise marketing, and how are we going to do ABM towards these two accounts?

Versus now with AI in the mix, being able to start thinking about, hey, instead of looking backwards at all the cool data we have, how are we predicting and getting prescriptive?

And what are the solutions that we have at our disposal now to do that? Yeah, awesome. So you’re kind of embedding AI in your analytics and modeling and things like that?

Yeah, there are aspects in marketing. There’s GenAI, which is phenomenal from a personal use case, like content writing and the like, where I really see the application of AI and its benefits for revenue marketing is big data.

And traditionally, I still love spreadsheets, just like people that at one point said, email’s dead, use a workspace collaboration platform.

We still have email. We still have Excel. I’ll probably die one day and Excel will still be something everybody’s using.

It’s great, slice and dice. But I can tell you at this point, looking at the amount of data and data creep that we have, as you get more and more granular, anybody doing that work knows what the row limit and the data limit is in a Google Sheet or a Microsoft Excel worksheet.

You can hit that really, really quickly. When we start looking at analyzing an account relationship, And the account relationship, backing up a little bit, is very important because as we serve from revenue marketing, all our varying stakeholders from marketing to sales, developer channel, on and on and on, every one of those individuals have their individual KPIs and that are specific to those individuals.

The one aligning point amongst all those groups is the account. They’re all looking at the account. And within the account, if you talk about buying groups, you’ve got a water cooler conversation happening amongst take your pick, however many people, 15 on up.

All those people are interacting in varying programs for our first-party data across all those different groups.

They’re also interacting on third-party sites, info sites, radio, TV, content that’s syndicated somewhere.

As you pull all that in to really get an idea of where this account is when it’s relationship with us, that’s a huge amount of data, billions of rows of data.

At that point, that’s where AI has made it even feasible to actually get more real time prescriptive on where we are with all these accounts that are in our mix.

That’s the biggest change, I would say, from where we were four years ago. Foundationally, I still have the same views. I don’t think anybody should forget the foundation when it comes to selling, go to market and marketing and B2B.

But the toolkit that we have when applied correctly is phenomenal at this point versus four years ago.

Interesting. Okay. Yeah, there are so many thoughts that I have there. So you’re using a water cooler conversation as a metaphor for first party data.

That’s interesting. Well, no, the water cooler conversation are the individuals in an account that are talking about whether they want to purchase from us or not.

You’ll have a group of people that represent your influencers internally in that account. You’ve got your one to a couple key decision makers, and then the executives for the sign-offs.

Whatever you’re defining as your personas in your buying group, you have in B2B, especially as you get into mid-market and enterprise, a large group of people that are either self-researching or researching via internal conversations on you as a company, their perception of you, the value they think you’re going to get from you, the need and whether they want to actually go with you as a solution.

In some organizations, that buying group, I mean, in most organizations, that buying group forms when there’s an identified need and problem and they’re having that water cooler conversation.

That’s one focus. Okay, we want to go after these accounts that are ready for that sales conversation. From a relationship timeline, if I look at all engagement for those people, before that stage occurs or the water cooler conversation is actually taking place, they’re doing something as much as say two, four years back.

Attending events, just learning about you. So when you take into effect that want to provide relevant experiences and conversations that resonate by individual within that account, the type of account, the industry, identifying that, maintaining all that, and then getting prescriptive on what to do next just for the one account is a massive amount of data.

I mean, hopefully, yeah, I feel like it’s, um, an achievement in itself to have that much data on not only one person, but an account as a whole and how those water cooler conversations interact and go.

The data is the easy part. The volume of data, people get offended, people managing, say, your CRMs and maps out there.

When we start talking about data dumpster diving, it’s true. As soon as you put a form on a website, you’re going to get a bunch of garbage.

It’s really easy to collect data And then from the third-party perspective, obviously there’s tons of vendors to pull engagement intent data, dark web, funnel metrics, and the like.

The question is, once you have all that data, okay, I got everything. Oh, man, what do I do with all this? What do I do? There’s no way. I don’t know what to pick out from this.

In the past, I’ve always preached avoiding what I call the spaghetti monster mess, especially when it comes to personalization.

because you start thinking I can personalize by account industry. I can personalize by company size. I can personalize by revenue range. I can personalize by the persona hitting the site when I’ve identified them.

And it gets on and on and on and on and on. And then if you take all the permutations of each of those, say covariates, if you want reach them, it’s a mess to manage until you end up with a solution They can manage that for you and just give you a few bullet points telling you how you’re doing and what to do next, which is where AI comes into play.

Okay, great. Yeah, you’re right. Data does come in from all corners, doesn’t it? All sides and corners. And it doesn’t tell you, I always say it doesn’t tell you what to do.

People are always like, read the data, look at the data, understand the data. But it’s like, well, to do that, you kind of need that tacit analytical knowledge.

in order to interpret that data. And I’m getting the sense that you have your own kind of framework for this from the analogies and the terminology and everything like that.

So I would love to unpack that a little bit more. Yeah, go ahead. No, I mean, please, I don’t know where to start, please. I would say the framework’s ever shifting.

The foundational things we probably touched on four years ago I probably touched on people-based marketing and a fire model where you’re looking at your total addressable market.

And which typically when you ask a leader, what’s our target list, if they haven’t done a lot of analysis, they’ll just give you their global 1000 list.

And then you go in there and you say, okay, how many of these people are truly a fit? And then you leverage your data to say, how many of these people actually show intent?

How many of these people have recency? And engagement and what is that engagement and you slice and dice it, and then you get from 1000 down to hopefully 20 to 50.

Um, and then, and then target from there traditionally in the past, there’s been some automation around it, but execution against that has been more manual.

Um, we’re still trying, I’m still trying to nail it where we get truly prescriptive, meaning. I can get all the great modeling, the great propensity modeling in place and I have the data output and it goes into our dashboards.

As soon as something’s in a dashboard, the dashboard is backwards looking. Your stakeholders who hopefully they have something consumable, they’ll say they’re data driven, but if you show them a dashboard that’s three pages of scrolling charts and whatnot, they’re not going to know what to take from it.

But even if they did, no matter what date filter I’m looking at and I’m looking backwards at that point in time.

I might get crafty and have some kind of forecast line, but we know with seasonality and the like, traditional forecasting has a huge variation in accuracy there.

So as these people huddle around this dashboard, a couple of weeks go by, rescheduling meetings, and they’re looking backwards and they’re looking backwards.

And the next thing you know, they’re halfway into their next period of execution. but saying I’m data-driven in our strategy. How is that? You’re already executing. You’re always looking backwards.

Prescriptive, true prescriptive with AI means getting to the point where in as real time as possible, I can have output saying what’s the most important thing I need to worry about today and execute on that.

The trick is properly defining the ecosystem for the model so it’s catching what really truly is important.

understanding that we’re hopefully not missing anything the way we’ve set this up, which is why we’ll always have to date a dumpster dive.

And then two um trust amongst our stakeholders. Stakeholders, the dashboards are almost like warm blankets, security blankets.

I don’t, you know, the usage metrics might be really low on the dashboard, but they feel good because there’s a dashboard.

If anybody wants metrics, I’ll just give them the link to the dashboard. Whereas when you give them two bullet points, this is the most important thing to worry about today.

Trust me. And based on our modeling, it’s got a projected effect of this over the next four years. That’s a huge hurdle to go from traditional reporting to trust in that model.

I’d love to know how it seems easy. Like you just chuck a bunch of data in an AMI model and it spits out some pattern recognition and some predictive analytics for you to tell your stakeholders.

But you’re right, it’s that feeding, the feeding of the AI model. Do you have a big part in that? people, the data scientists on my team that are producing all the wonderful work there would probably get really angry if I called it easy.

it was easy, I’d be the one doing it. It’s easier now with the search, this new industrial revolution that we’re in with AI.

But again, you’ve got people on one end that are very, very savvy at, say, managing AI models. You’ve got people on another end that are very, very savvy at B2B execution.

So marrying those two, getting interest from the people that are savvy on B2B execution to work with the data scientists and the data scientists to think beyond producing a product and figuring out how do I get adoption on this and how do I ensure it really, truly is accurate for the organization?

Because the pitfall there is, If we disappear and build what we think is the most amazing thing for the organization, and I don’t bring in sales, marketing, everybody else from the ground floor, even though that’ll make the process move that much slower, there’s no vested interest in those people.

And then when we deliver the model, the first thing they’re going to point out is what’s wrong. And as soon as they identify something wrong, they’re not going to use it, not going to trust it.

And we’ll continue with our old school tactics. Okay. So there’s a lot of diplomacy going on, I guess, for you. Okay. And great credit to your data engineers.

I’m sure they’re doing very well. Would you say that this kind of predictive modeling replaces data platforms? I wouldn’t say nothing replaces an intent data platform per se.

You’re bolstering that intent data. Traditionally in the past, before this AI moment, you had to choose a vendor and you were locked to that vendor.

And each vendor had a race going to be the one platform you’re gonna use. And the whole idea is if they could diversify their offering, they’re gonna displace competitors and sibling type product competitors in the market and just become the behemoth.

And you’re vendor locked to that platform. For most orgs now in this moment, especially if you’re doing your own first party data modeling, you really just want the data at that point.

The hurdle with the platforms has always been, how do I get sales and marketing and other people to actually work in those platforms?

Sales is spending every day working out of Salesforce. And now I’m going to tell them, hey, we got this really cool stuff for you.

You just have to log into this other platform in addition to you logging into Salesforce, which we have a hard time anyways getting you to do and exercise proper data hygiene.

It’s been a losing conversation for the majority orgs aligning around that technology for years, which is why the budgets are still split between marketing and sales when it really should just be one budget.

Now, The win really is, and it’s always sort of been this way. How do I make somebody better at what they do without them having to learn something new or change how they execute or be a marketer, trying to go to sales and dictate how sales should sell, which they’ll never listen to.

So all I want is the data at this point. And I think a lot of those platform providers are getting it. They’ve got secondary offerings now where we have data.

data delivery for you. You just want the data and pull it in. The pricing’s kind of all over the place, but in a perfect world, if I had an infinite amount of money, I would want everybody’s data.

I’m no longer vendor locked to one provider’s intent data because it’s a Venn diagram when it comes to indicators and data points available amongst all the vendors.

I want it all. And the more I have, it’s like a diversified stock portfolio. The more accurate I get, in being able to plug in one data point into Salesforce or wherever your sellers are working to say this account is this ranking, call it propensity to buy.

Okay, interesting. So the intent data, you still use intent data to show propensity to buy and you feed that into your sales CRMs.

Yeah, I would say with AI, it’s propensity to anything at this point. When we talk about that account relationship timeline from, say, four years before they even knew about you to the buying center being identified as forming and targeting that to lifetime value, monitoring churn, upsell.

the model should really be propensity to anything. Personally, I think at one point I shot myself in the foot referring to propensity to buy because when you talk about getting cross-org adoption in this really rich data, people will turn a blind eye that aren’t the direct sellers, the people that are doing the marketing or the early engagement.

Well, it’s propensity to buy, and we’re focused on awareness and engagement. No, no, no. The model identifies that as well for proper targeting.

So it’s feeding useful data to all of those groups. Yeah, I was going to actually ask for some examples of things that you use predictive modeling for.

would you say those are the main ones? Yeah, I would say that it’s anything you’re doing, you can do better with data. And then the application of that data at scale is where any of that modeling really comes into play.

There’s nothing perfect, though. You know, when it comes to your database, it’s always going to boil down to hygiene.

So the model, let’s say the model was perfect. It never will be. But if it’s based on your historical data in your database of leads, contacts, accounts, there’s a lot of garbage in there traditionally.

I think my favorite are students. Students can be precursors to somebody that potentially buys from you at some point in time.

So you work on them involving them in a community and yada, yada, yada. Stuff that traditionally in the past, marketing had no involvement in.

But with a model ingesting all this data, the involvement is cross-org at that point in time. The problem is if you have a student that went to some university that was, say, a net new name 10 years ago, they’re either a really, really terrible student or probably garbage in your database at that point.

And that is something where in addition to the model, it’s almost like you have to create a secondary model for data hygiene and cleanup.

Yeah, definitely. I can imagine. It sounds like there’s a lot of maintenance involved, both on the hygiene side, on the feeding side, on the analysis even on the stakeholder management side, which I guess you you deal with a lot.

I know that a lot of our listeners, they don’t have a big team. They, they’re just them and as many platforms as they can get budget for.

I was wondering if you were, if I was a SaaS marketer at a say a hundred person company, um, we were doing 10 million rev, I don’t know, more.

Um, what, how, what would be the advice that you would give to me to even kind of get on the road to this kind of, this way of thinking?

That’s my background. So when we spoke four years ago, that was shortly after we were, I was at Cumulus Networks and we were acquired at that point in time, a hundred something person company, you know, similar web range, more, but you know, in, in that So these concepts are nothing new.

The, the AI application, um, allows for more data, but at the same time, more data does allow for more noise and more complexity to figure out when it comes to the a hundred person hyper growth startup, um, with a limited strap budget.

It’s the same thing. How do I get into my database? How do I analyze my apply a fire model to my accounts that are the mix fit intent, recency engagement.

None of that is, is costly budget magic. Um, How do I pull in sales and marketing at the foundational level so they have a vested interest in actually looking at things by account?

How do I switch up my reporting to actually report awareness metrics like visits just by account and then talk to MQAs and accounts only versus the leads or random person records in the mix?

The foundation doesn’t change. And it’s all doable, which is probably why I still work out of Excel, because that’s exactly where my mindset still is.

Strap budget and small org agile pivoting constantly. Interesting. So, yeah, very kind of top line strategic focus on buying centers.

What I do find in that situation, that example, if you lock yourself into the platform and take the platform as gospel, the vendor platform, you’re missing something.

You’re missing some data, some issue with your system, some alignment across the organization. The big thing is, in addition to championing the MarTech that you purchase, which is a big miss for most, I think a lot of tech is purchased and then the flip is the switch is thrown.

It’s on. I’m assuming it’s doing something. Hopefully it is. That’s not championing the product. And that’s not pushing on adoption of the product. In addition to that, it’s a matter of being in the guts of the machine and constantly dumpster diving that data.

Most of the time, you don’t even know what you’re looking for. Those aha moments that have occurred for me are every one to two years.

The really big pivotal business driver aha moments. And they come about from just diving in and slicing and dicing versus being stuck in a vendor’s canned report dashboard.

Interesting. Okay. So it’s getting into the weeds, looking at it for yourself, thinking, coming back to it. You’ve intrigued me, actually. I really want to know one of these big aha moments.

Can you share any? Do any come to mind immediately? Yeah. Let me think about this one. Sure. What could I share? Yeah, exactly. Maybe from the previous company. Yeah, I have a good one.

There you go. A few companies ago. In early predictive intelligence, There was an early when intent was not even a buzzword yet, but it’s really what an organization was doing.

They’re not around now, so I’m not talking smack about an existing vendor. They came in and created this data driven intent model. And the idea was that sellers or SDRs should only be calling people that are this score or higher.

Really, let’s simplify it. This score or higher. Anybody below, we just won’t reach out to. And that’s how we’re going to manage the thousands of leads coming in.

I don’t even think we had thousands of leads, but that’s how we’re going to manage the volume. As we’re dumpster diving the data, you come across this organization and realize it’s a 500 person trucking company that has been engaging throughout our site, that has been requesting contact from sales.

but nobody’s reaching out to them because they’re located in Columbus, Ohio. And the model had a region facet to it that well, you don’t sell to Columbus, Ohio.

So we will decrement that score because of that. So they didn’t cross the threshold. Sellers weren’t reaching out to them and they’re sitting knocking at the door with a bag full of money, wanting to push forward the product and nobody’s getting back to them.

Huge, huge moment. And so, Once you realize that and you play that same lens, you see these other people that are in the mix there that the sellers just weren’t seeing.

And then boom, that’s revenue. That’s an aha moment. Doesn’t happen all the time. But while we’re doing best foot forward on the right technology and establishing a good foothold on modern B2B selling and everything associated with that, the foundational aspects of really embracing the data should never go away.

Interesting. So it helped you look at the data in a different way. That story reminds me of a question I thought of before. I’ve got so many questions. I wanted to ask, I know lead scoring has been around for a while.

I wanted to know how you distinguish between lead scoring and your approach. Yeah, that’s a good one. It’s been interesting, you know, going through waves of the lead gen era, demand gen, account centric, and then buying center.

Everything now is focused on targeting the buying center. Buying center is not a new buzzword. It’s just the right way to execute. Marketers somehow have constantly redefined who they are, whereas sellers have always been account based since the dawn of time.

But marketers get all the flashy new titles, revenue marketing. And as much as we say, hey, we got to be account based. And everything should be a count. Everybody still has a lead gen model in place, inbound lead flow to SDRs, lead based.

lead scoring, which in the past I’ve likened to, there used to be an old role playing game called Dungeons and Dragons.

And there’d be a dungeon master that would help people develop their characters. You would roll dice. And based on each of the dice roll, it would determine the point scoring for the facets of the characters.

And that would determine how strong your character was. That’s lead scoring. If you go to the website and you read an ebook, you get 50 points.

If you attend a webinar, you get this many points. If you’re a king of the ogres, continue with Dungeons and Dragons, you get an extra 50 points.

Boom, MQL. It’s important. Those are firmer graphics and demographics that are good data points to have. Unfortunately, they’re tied more often than not to a web form.

where you have lazy form filling or people just out and out lying. Yeah, I’m the CEO of Microsoft. The CEO is Microsoft every quarter. So I can get away from it. And and the the key thing is actually applying that propensity model, whether it’s a team of people working on a propensity model or just sound intent data at the account level, coupling that to lead scoring.

If I take my lead scoring model and I actually say, okay, out of these 3,000 MQLs, how many of these people actually fit my FHIR model?

Fit, intent, recency, engagement. And from that, I cobble down to this few. Now, most people, regardless of what size organization they have, have some sort of automated calling technology, automated cadences, sequences.

Not gonna name vendors. You know who they are. SDR is working. in those platforms. So you create an automated cadence for the other 90% or a series of them that are relevant to the identified account industries or supposed account industries based on the self-identification.

They all go into that. And then you have your sellers focus on the ones that are actually identified as the icing on top, the ones that are truly showing fit, intent, and whatnot.

And that’s not, the heavy, heavy budget ask that’s just proper marrying proper sanity checking of this antiquated scoring mechanism.

That is the bane of the, of the existence for marketing when it comes to aligning with sales and getting trust.

Yeah, definitely. I I’ve always thought lead scoring models were a little bit simplistic, like marrying that intent data with it means that this person just because they went to a year event doesn’t mean they want to buy from you.

Pairing it with that intent data proves it. And it kind of grinds my gears. When you see marketers, they win a big deal. A salesperson wins a big deal and their marketing goes, well, they went to an event and then they did this and then they did that.

And then the whole company goes like, woo. I just think it’s overly simplistic. It’s kind of why I’m not a big fan of multi-touch attribution or MTA, which can cram down everybody’s throats.

And in varying attempts in applications to date, a lot of that is for marketers to prove to the organization that they’re doing something.

We shouldn’t have to worry about doing that. We should be looking at the entire model and seeing, okay, what makes sense for our OpEx spend?

AI is helping with that identification, looking at correlation and causation analysis and projecting output over the next four years, is helpful.

But when it comes to execution, if you look at an anatomy of a deal slide that sales likes to put together, it usually starts with the opportunity creation.

There’s no acknowledgment whatsoever that the individuals from that buying group were involved in anything marketing related at any point in time.

What you’ll typically see is research behaviors start really ramping up as you get closer to that buying group engaging with sales.

And then you’ll find out that the first touch was somebody from years ago. So there’s two things at play. One, identifying those people years prior to the opportunity to wrap the warm blanket around them and create them, really build them up so that they’re advocates and champions for solution when the buying group conversation actually happens.

And two, identifying the surge amongst those people in activity across those varying things that typically we haven’t looked at in cohesion in the past.

The event versus the on-page engagement versus the webinar attended over here. Putting that all together is where you start really saying, okay, this lead came in, they were this, this, this, and they did this, so got this score.

And based on this account in overall engagement, I should push this person over. Yep, that double layer. I see what you mean. And you do raise a good point. I do think that getting buy-in for marketing in, I would be hesitant to say majority of organizations, but I will, is really tough.

Marketing has come a long way from just sending out letters in the mail to where we are now. And I think this conversation that we’ve had today is kind of a product of that and also proof of that.

I feel like on the Finite podcast, We have lots of conversations, but this feels like almost like a not marketing in a way because it’s just so complex and it’s so data driven and it’s going to that extreme with it, which I find really fascinating.

And it’s been so good to get that insight. Yeah, the delineation between marketing and sales, especially from a budget perspective, is something that before I pass on, I hope goes away at some point.

Traditionally in the past, if an org is hurting, marketing’s a nice to have. Marketing’s the first thing to go. I need people to sell the product. I need people to build the product.

With no acknowledgement that to sell the product, I need some sort of go to market to actually have somebody to sell to.

You know, we’re not for B2B. We’re not walking door to door or house by house selling with a bag full of steak knives that we’re selling to people that are home.

We’re the sellers are inside a building trying to reach out. And everybody knows at this point in time what a poor experience cold calls are to their cell phone.

Mine rings off the hook all the time. We, for a number of years now, have had this blurred line where the hampering of aligned execution, it really is the delineation of the budget.

For a number of years now, we’ve had the ability such that, let’s say somebody filled a form out, their Gmail address, So we can’t enrich them.

No technology to do anything about that. They come in, iSeller is tasked with making, let’s say 40 to 60 calls a day, really boiler room, SDR situation And they’re calling because they want to get paid.

They want them to hit their comp. They want to make it to President’s Club, what have you, whatever your org has. And so they call this person and it turns out yeah, they’re actually really, really interested in your widget.

And they’re from this company, which is in this industry. And they’re evaluating the competitive offering against your primary competitive here.

Once that seller hangs up, you’ve from an anonymous Gmail address individual to this bounty of information.

Traditionally in the past, the seller goes, okay, well, you know, I’m going to set a meeting up. I’ll try and pull people here. Hopefully they get back to me. We have the ability, we’ve had the ability for a long period of time, right in Salesforce in the lead record to create a dropdown and have the seller choose, let’s say preset cadences for this industry looking at this solution evaluating against this competitor, which if you click that it triggers an omni channel experience, banner ads, multi touch sequences going out to the relevant contact coverage that you have engaged from that account, email, what have you everything.

The problem, the only reason that doesn’t happen most of the time is whose budget is that coming out of?

Whose budget is a white glove ABM experience coming out of for a seller that’s trying to knock on a door somewhere while marketing’s spending all their OpEx on, let’s say, pre-demand gen and brand awareness.

It’s the budget delineation that’s really hurting us. an interesting perspective and it is incredibly logical thinking about how obviously financial businesses are And that’s all it really comes down to.

Um, which leads me, I mean, kind of, it inspired my final question. Unfortunately, we do have to wrap up now. It does fly. It’s been a great conversation, but, um, I just wanted to know from your perspective, how you’ve seen the change of marketing’s reputation within either your organization or marketing as a whole, um, with your approach?

How has that impacted how marketing is seen? I think marketing still has a ways to go in many ways as far as alignment. Alignment now, people are, you can read on LinkedIn, people find the alignment conversation cliche at this point, but I just don’t think most people have nailed it.

I think, and there’s the trust validation and proof of value. The best example is events, right? For a lot of people, is it worth doing these events?

Is it worth having my booth at these events? And most of the value looked at is meetings, meetings booked from the events, not in how much value did I get for awareness, interest, cultivation, and like, because you traditionally haven’t been able to measure that.

Now we’re at the point with the AI models in play that we can look at correlation and causation analysis and say, okay, finance gives out a paid media budget quarterly.

Let’s say in your org, it takes two years on average from a first touch to an opportunity generated.

Finance looks at your output from marketing quarterly. So everybody devolves into reporting by clicks and impressions. And it’s taken by finance, but it’s taken with a grain of gray impressions.

Here’s another 50K. You know, whereas now applying Super Compute, which is much more in the hands of people to do now in this new revolution that we’re in, we have the ability to say, okay, you gave me 50K and based on the historical analysis, the past four years of behavior across similar accounts and people and programs, we’re looking at a projected revenue of X in the next four years.

That is compelling. That is valued. That takes marketing towards actually applying LTV valuation to the activities occurring within these accounts.

Sales needs the data. More often than not, the market is delivering that data. We’ll hear back from sales when there’s something wrong, but not necessarily when something’s right.

So we’re in this realm where I think we have the right data. It’s just a matter of applying it in a consumable manner. We get really excited on something we worked on for a year and we want to show somebody the kitchen sink and the eyes roll back in their head and they go back to executing how they’ve been executing.

Again, how do I take all this goodness and not have them have to learn something new or change how they execute, just be better at what they’re doing.

For the people that are doing that, the value is seen, but that’s where I think moving forward, the orgs are going and that’s where it blurs.

for the people that are doing that, especially if they’re enabling the org cross functionally, that’s a focus that could sit anywhere.

The marketing moniker goes away. It could be sales. It could be a finance team. It’s going to be interesting to see where ownership of holistic enablement from data and AI application that data sits moving forward.

Yeah, exactly. Incredibly holistic. This is why I’m surprised almost that your title is even revenue marketing. It feels like it’s so much more than that. I’m a marketer. I’m a marketer.

We just want to keep reinventing ourselves. Exactly. I just have one more question. Sorry. I’m studying the philosophy of science at the moment, and a big question that we have around AI is trusting the data because AI is a black box.

You do have engineers making the models, but what the AI uses to learn is a bit of a mystery to us.

I wondered if there were any kind of feelings of doubt within your organization about the AI data, if you yourself have any, how you remove that, how you actually begin to trust it, or if it’s not even a conversation at all, I just.

Well, it’s constant revisiting. So, you know, the models are, if done right, are based on say four years of historic data or whatever data you have to feed into it.

And then you run the models on those past time periods because you have, let’s say if you did look at four years and it learned from that.

Now I’m going to look at what happened three years ago. And then I’ll see the output from those actions a year later and see how accurate the model was in predicting those actions from three years ago because I have all that data.

So that gets tweaked, tweaked, tweaked. Now there’s always going to be seasonality in effect. There’s always going to be industry things that come up, new federal regulations that impact business, things like that, that have to be accounted for.

So it’s not a one-stop, okay, we built it. We’re good. What do we do next? It’s a product. You essentially have a product team creating a product for your organization that has to have a customer success facet to it and constant product updates.

not a flip the switch, it’s good, we’re good, good to go. So you’re gonna have varying degrees of accuracy in that moving forward.

Now, if you have a seller who’s managing a general account patch that has five to 600 accounts in their territory, without that, how are they starting their day?

More often than not looking at their inbox. So if you had something that on one day was 85% accurate, on a bad day, 60% accurate, I’d still take 60% accuracy to start my day when trying to figure out out of five to 600 accounts where I should put a foot forward on next.

Interesting. So quite an iterative approach with a lot of learning. Interesting. But again, those people on the outside aligning, they’ll, they’ll find the first thing that’s wrong.

And that’s where marketing becomes, marketer becomes the politician in trying to swash concerns and, and, keep vested interest in that instead of them just turning and running.

Okay, so it’s highlighting those areas that it did work, where it was accurate from year-on-year historic data, I’m sure.

Yeah, that’s very possible. Okay, great. Well, I think that was a great question to end on. I feel like there’s a lot that we can go away and think about.

Thank you so much, Ari, for coming on the show. It was so great to hear from you. Thank you. We’ll talk again in four years. And then you put these all together, you’re going to see more and more gray hair in the From me as well.

And once you’re done listening, find more of our B2B marketing podcasts here!

The FINITE Podcast is sponsored by Clarity, a full-service digital marketing and communications agency. Through ideas, influence and impact, Clarity empowers visionary technology companies to change the world for the better.

Find the full transcript here:

Jodi (00:00)
Hi Chris, welcome to the finite podcast.
Kris Rudeegraap (00:03)
Thank you, Jenny. Thanks for having me.
Jodi (00:06)
It’s a pleasure to have you here today to talk to about a topic that is quite close to my heart as a community leader. We’re talking about community-led growth. Now, you’ve been doing this loads at Sendoso. It’s been one of your main key strategies that has really been pivotal to your success and your growth. I can’t wait to hear more about that, but I think as we always do, before we get started, I would love to hear more about your background and experience to date.
Kris Rudeegraap (00:35)
Yeah, of course. So I started Sindoso about 10 years ago. Prior to that, I spent about a decade in software sales myself. While I was at my last company, I was seeing… just the efficacy of email and seeing that response rates were kind of diminishing. And again, this was 10 years ago. I thought email was going to slowly die out as the spam hit it so hard. and so I thought about, Hey, what are some of the other channels that are less saturated and can still grab people’s attention? And that’s where really direct email and gifting came to mind. And so I was doing a lot of it very manually. I was in the office grabbing swag, packing boxes, or on a call here at dog. bar, go grab a dog toy from Amazon and ship it out to a prospect. and all those things worked really well. It was just a nightmare to manually track it manually, expense report, manually click on tracking links and follow up. So I dreamed of a platform that could do all this for me. That’s where Sendoza was born. we’re the leading global direct mail and gifting automation platform where we do all of the worldwide procurement fulfillment, all of the marketplace of gifts and mailers you want to send and then the software and data layer to bring it all together. And so over the years, I’m scaling that company from an idea to hundreds of millions in revenue, learned a lot and done a lot with community as part of a growth strategy over the years.
Jodi (02:00)
Yeah, absolutely. Really exciting to hear all about your gifting business and the thought process behind that. I mean, I’m sure it’s a lot more than a gifting business, but we’ll go into that in a bit. I did hear from you some really, really great results about what you’ve done with community and what it’s done for Sendoh. So I think community is so kind of a little bit abstract for marketers. They don’t really know how it can kind of impact the bottom line. So I thought, could you please share some really great key results that you can directly attribute to community?
Kris Rudeegraap (02:36)
Yeah, would love to. Maybe for the audience, I’ll take a step back to share a couple of different communities we have, and that will set the stage as we talk more in depth about them. the first community I was a super sender community, there’s about a thousand members in this, and this is a user community of active users, power users on our platform. This community, we engage through a Slack group, through a newsletter, through a sendy awards, a user conference, both virtual, we’ve done some in person, and then we have some AMA office hours through this community. The next group is our cab or our customer advisory board. This is kind of a dynamic community. Usually there’s a few dozen people that we engage quarterly to share product feedback, to get market intelligence from. And that community we typically pull from supercenters, but they could be executives that are not necessarily in our user community. I’ve then built a personal advisory group community. There’s over a hundred members here. This is mostly execs. and people that I’m sharing more details on the business, but a lot of them are our target ICP. But again, it’s a group of individuals that have opened their networks, opened their insights on. And then nurture our alumni. And this is probably 100 plus folks in this alumni community where I feel strongly that even after you leave, you could still be a valuable asset or you could still want to still, you Bleed Orange, as I like to say. And so I engage with monthly updates this alumni community as well. And so those are the kind of the different communities we have. A few stats. So our Supercenter community of Power Users, one of the areas that we wanted to do was we really want to focus on training and educating this community. And so we have this stat where any Supercenter who completes admin certification will spend 71 % more on our platform. And so that’s really a critical area where we try to, first we try to qualify people into this super center community and then we try to get them into certifications. So that’s a big one for us. The next one is. You know, we know that people switch companies often. And so we track all of our super senders through a tool called user gems and we’re tracking job changes. And then we go out and outreach to them when they’re at their new company, reminding them that they should continue to use Sendoso again. ⁓ and we have over a 60 % response rate from that list, which is huge compared to typical, like cold outreach, which is like, you know, in the. you know, few percent response rates. So really we re-engage our community after they switch jobs. And then the last stat for this ⁓ personal advisory group community, we’ve generated over 7 million in pipeline from this advisory community through warm intros. And that’s been a critical lever for us as we’ve continued to scale the business.
Jodi (05:31)
very interesting and some definite impact there. I was wondering, this is something that I don’t feel like is talked enough about in B2B is people moving jobs, you know, and your database is based on contacts and their associated companies and when they leave, you know, all you get is bounced emails and tracking them is quite a laborious process if you have thousands and thousands of data points, like…
Kris Rudeegraap (05:42)
Mm-hmm.
Jodi (05:56)
Do you automate that? How does that work from a practical standpoint?
Kris Rudeegraap (06:00)
Yeah, 100%. So the tool user gems we use, we will monitor all of our users through supersenders. And then when they switch jobs every month, user gems goes out and looks to make sure they’re at the same job. And if they’re not and they switch jobs, then user gems flags that creates a new profile in our Salesforce links back to the old record because so we can have some history of like how they use this before. And then it kicks off some automated engagement through this tool they have called GEMI, where it’ll actually then do the outreach for us. So even before we let any human into this, we might already have somebody to raise their hand and say, hey, thank you for welcoming me. Will you then use Cendoso to send them gifts celebrating their new role? And that is all very automated.
Jodi (06:56)
Very cool. Yeah, I thought so. That’s great tips and great tool recommendation, but we’re just to say we’re not paid. is is totally just organic recommendation. Yep. Nice Cool. So I suppose I’m thinking, you know, what was it about Sendoso that made you think community strategy was compatible?
Kris Rudeegraap (07:04)
Yeah, that’s just something that I love personally.
Jodi (07:19)
you know, is community for everyone or is there something unique about when you were like this decision making process when you were founding Sendoso that led you to this?
Kris Rudeegraap (07:29)
Yeah, you know, it’s a good question. I’d say, I mean, honestly, at first, I’d say community as a strategy wasn’t necessarily a strategy was almost more of like survival, where in the very early years, you’re obsessed with your customers, you want constant feedback. So you’re really trying to engage them very frequently. And that ended up driving a couple things. One was, you know, our best customers were already becoming advocates themselves. They were already shouting out that they loved us. And so that was already happening. Two, we really realized that… you know, some of the original channels, like I thought, Hey, I’m starting this company because email is dead. Well, what are their channels can we leverage? And so kind of the community engagement as a strategy was really critical for us. Because if we built relationships, even if they switch companies, it was much easier to engage with them than just do a cold email outreach. So we thought, Hey, let’s build these relationships. So we really optimized for the kind of the long-term when starting this. But I think. For us, we sell into a lot of marketers, sales, and CX roles. Those are kind of our three core kind of personas. And I think that certain ICPs tend to have better success with community. I think for us marketers, they enjoy talking to their peers, they enjoy sharing best practices, they enjoy learning. And so that’s really helped us build a… community based on our ICP. I could imagine maybe some ⁓ ICPs maybe are less interesting for like a community strategy. But I think also because we were a cool new tool years ago, we were a new category where marketers didn’t fully understand like how do I leverage direct mail automation? And so having this community with education and peers lent itself to people wanting to almost brag about it and join a community to share more about it.
Jodi (09:20)
Yeah, absolutely. definitely seems like education is a big piece there and it almost seems like a lot of the more mature communities that exist in B2B now started with a forum of customers talking to customers experience managers troubleshooting and figuring it all out together. So actually did the start of your community strategy really look like? You’ve mentioned kind of advocates and maybe wanting to encourage word of mouth, when did it start to become more kind of structured and strategic and maybe measured?
Kris Rudeegraap (09:57)
Yeah, mean, looking back on it, think very early it was scrappy. It was these small dinners. was these, you know, more of an informal Slack group to get going that then was formalized as we brought on like a customer marketer. So no grand vision or, you know, fancy tooling, I’d say day one. It was just getting smart people in a room and getting them to talk to each other. We did have some fun early stories. So one that comes to mind was we had an early community event where I gave everybody fake prop money, like the money that they use in like Hollywood. And then I acted as an auctioneer and I made people bid on the features that they wanted us to build the most. That was probably my, one of my favorite community moments because it just got everyone so excited and the limited money made them really think about the trade-offs of which feature on our roadmap they really cared about most. And so I think bringing in some creativity and fun. You know, again, continue to make this community interesting. And I think that you need to bring interesting content or interesting initiatives into the community.
Jodi (10:58)
I’m interested because you’ve you really made it clear that there is kind of a bubbling excitement for your product and that that is interesting to me because it it almost seems like maybe third-party communities might be more kind of trusted or seem more objective in their recommendations for like tools or you know brands products and things like that. How did you engage customers to be brand advocates? How did you encourage that bubbling enthusiasm without feeling too salesy or like you were pushing Sindoso too much, if that makes sense.
Kris Rudeegraap (11:39)
Yeah, I think a few other things we did. You know, we, ⁓ we oftentimes had these office hours or AMAs where it was just the community, in these like, ⁓ zoom meetings. There was, and at some points we would have a customer market and they’re just to, kind of moderate or just to kind of chime in and help. But for the most part, it was community led. So I was, you know, one of our customers standing up saying, Hey, I’ve got a great story. I’ve got a successful Sendoso campaign I’ve done. I want to share with you what I did, what I learned and what I’m doing. And so it was really intentional for us to have them come in and share their success as a community member versus us coming in and saying, hey, here’s what you can do with our platform or, let’s teach you something instead. It’s like, hey, let’s let a peer teach you something. And so I think that was really strong. Even our Sendy Awards was that on steroids where we would award people for having success on our platform. And then the award ceremony was them sharing what they got their award for and what campaign drove that award. And again, I think that just goes back to feeling more real and authentic than having like some Sendoso member pitch.
Jodi (12:51)
Yeah, that’s absolutely makes sense. It’s, I feel like so many communities can mistake thought leadership or just kind of content strategy for community strategy. And really the heart of community is facilitated, facilitating those peer to peer connections and really encouraging those conversations between your, your audiences. And I can see, so that’s how you kind of, you’re not sales and you’re not blasting a message out. You’re really.
Kris Rudeegraap (13:11)
Exactly.
Jodi (13:19)
Yeah, encouraging those conversations. Is there anything else you do to encourage those conversations? I guess, you know, bringing your customers to events and you mentioned you’ve got a Slack channel. Is there anything else that you do?
Kris Rudeegraap (13:31)
One thing that we launched last year that I think is interesting too is we wanted to bring more customer conversations to the top of the funnel or earlier in the sales process as a community strategy. we really realized that customers love talking to customers. And then we also realized that a lot of peers or prospects wanted to talk to customers as part of the buying cycle. And oftentimes those were like back channels or harder for prospects to find. so, you know, one we are trying to that more prospects into this community. We don’t want it to become too prospect focused because you won’t have the value add yourself if you’ve never used Sindo. So, but one tool we recently rolled out was a company called Slash Experts. And what I loved about that is it really created a portal where we could showcase a couple dozen of our customers and then anyone could come instantly book a meeting with them. And so it eliminated us. feeling like we’re gating and only allowing prospects or customers to speak to people we’ve like purely vet first or purely say, hey, you want to talk to a reference? Here’s one person. Instead we say, here’s a bunch of people. You pick who you want. And that’s opened up more conversations. And I think at the end of the day, it all goes back to more conversations. And if people are organically talking to each other about you, it just spurs more engagement. so we’re trying to, back to facilitating conversations.
Jodi (14:55)
Absolutely. Yeah, that’s really interesting. And you’re lucky that you have so many kind of power users. Just out of curiosity, from a practical standpoint, how do you incentivize those advocates to kind of give up their time and promote or talk about Sendoso to prospects?
Kris Rudeegraap (15:12)
Yeah. So some of them do it because they want to have peer to peer network. And it’s almost like something that is context switching for them. It’s getting out of their day to day to, you know, talk to somebody else that’s interesting peer and share their success. It’s almost like brag, you know, being able to brag. for some of them too, we offer up like a thank you, or we’ll give them some compensation for their time. but it’s mostly driven by people that are raised their hand and they just want to, you know, celebrate their successes, share what they’re doing. And I think that a of people are in that boat where, you know, maybe their day-to-day job is, you know, something that they want to break out of and, and, know, do something a little bit different. so speaking with a peer randomly about a cool tool they’re using in their tech stack, ⁓ is something that they are willing to raise their hand for.
Jodi (15:56)
Yeah, awesome. Thank you for sharing that. I guess you are a gifting platform as well, so I guess, you know, it’s about recognition and it’s about, you know, rewarding that kind of advocacy. So I’m sure you do that as well. On gifting, how does that come into this? it?
Kris Rudeegraap (16:02)
Yeah.
Jodi (16:18)
impact your community strategy at all? Do you send gifts to new members or ambassadors? I think you’ve mentioned it briefly. Do you want to go into that a little bit more?
Kris Rudeegraap (16:27)
100%. Yeah, I think one of the best ways to engage a community is to ⁓ reward good behavior or just to surprise and delight. Because I think that goes a long way too. And so we will, there’s welcome kits, there’s things around ⁓ holidays, there’s thank yous, there’s life moments. So we try to track. know, life moments of our community. And if, you know, if they’re having a kid, they’re getting married, those are celebratory life moments that we can gift them. A lot of times we’re gifting swag items because again, they want to wear the Sendo so logo proud, proudly and go out and showcase to the world that they’re a super center or that they love the Sendo. So brand. I think swag plays a big part in, you know, gear that they want to wear and merge. but like you said, I think there’s different reasons why, rewarding good behavior tends to drive more good behavior. But I think the life moments is something that. some companies don’t think about, you we think about it because we’re, you know, a gifting platform, but it goes a long way if somebody, you know, has a big life moment and you step up and, you know, send them a nice little gift and that really helps build that relationship.
Jodi (17:41)
Yeah, I’ve never thought about that before. guess in B2B particularly, there is such a kind of boundary between business and personal life. know, I mean, we’re starting to cross it even more as B2B marketers use kind of consumer driven platforms like YouTube or even TV advertising. how do you kind of, how do you feel?
Kris Rudeegraap (17:48)
Mm-hmm.
Jodi (18:07)
Audiences react when a business kind of knows their personal life events and how do you see that line kind of maybe fading away in the future?
Kris Rudeegraap (18:19)
Yeah, you know, I think, for what we’ve seen is that that line is becoming blurred, especially since COVID where more and more people were working from home. And also people spend the majority of their day at work or working. And so if you can bridge the gap between what they’re doing for work and what they’re doing at home and or make that feeling, make them feel like you care about more than just their work. I think that builds the connection. and it builds, you know, if you have similar interests, you can build connections. If you, know, can, ⁓ thank people and, you know, at more of an emotional level, because I think a lot of business is transactional, and community, can really find people that care deeply about your brand. so if you can, you know, again, connect more emotionally with them, it tends to build that stronger bond and that stronger relationship, which then means. you know, when we do follow up after they switch jobs, they want to rejoin the community, you know, they want to feel a part of it again. And part of that is the warm and, you know, fuzzy feeling they felt when, you know, we sent them a gift, congratulating them on, you know, a job promotion and something that was a little different than just a, you know, or sending them a, you know, baby onesie with their favorite sports team logo on it. Things like that go a long way, even if they’re small.
Jodi (19:42)
I guess that’s another way that community marketing is described. It is one to many and I guess all one to few and that means that you are really making people feel special and like they’re being heard and like you’re not just some big brand hidden behind a website and fancy graphics. You are people behind that brand and you really are having those kind of one-to-one conversations. Would you agree?
Kris Rudeegraap (20:09)
Exactly. 100%. Yeah. And we’ve also done some stuff too, where we’ve, you know, we see actions where community members are talking with other community members and we’re rewarding that behavior too and thanking them for participation. So I think a lot of different ways you can use gifting in your community strategy.
Jodi (20:27)
All right, well, that’s all we have time for today. So thank you so much, Chris, for coming on the finite podcast. It’s been a pleasure to hear about community marketing from your perspective.
Kris Rudeegraap (20:36)
Yeah, thanks for having me on. What a fun conversation.