Summary: New sales managers aren’t just responsible for upholding their team’s trust. They have their team’s careers riding on their shoulders. They have their team’s families relying on them. On this episode of the B2B Sales Show, Dave Thomson, Chief Revenue Officer at Winmo sits down with Tree McGlown, Chief Revenue Officer at Sideqik, to talk about the three things that newly minted managers should do in their first 90 days.
Announcer 1: You are listening to the B2B Sales Show, a podcast dedicated to helping B2B sales professionals master the art and science of selling. If you want to hear what successful sales leaders and individual contributors are doing to break into new accounts, close more deals, and drive revenue for their organizations, you’ve come to the right place. Let’s get into the show.
Dave Thomson: Hello, everyone. Welcome back to another episode of the B2B Sales Show. I’m Dave Thomson, Chief Revenue Officer at Winmo, and today I’m joined by Tree McGlown, who is a Chief Revenue Officer as well, and Co-Founder, of a company called Sideqik. S-I-D-E-Q-I-K. Tree is responsible for leading revenue, finance, and partnerships over at Sideqik. For those that don’t already know, Sideqik is an N2N influencer marketing platform that combines AI-based social media intelligence with influencer marketing to help marketers forecast what trends will be important to that brand in the future. Tree, welcome.
Tree McGlown: How’s it going?
Thomson: It’s going well. Did I leave anything out there?
McGlown: No, I think that was pretty clear. Appreciate it.
Thomson: Yeah.
McGlown: Good intro.
Thomson: Well I’m, again, happy to have you on the show. And I’m really excited about our topic today because I think it’s one that’s going to be impactful and resonate across all the listeners today. So, whether you’re a newly minted sales manager, maybe you’re a sales rep right now with an ambition to one day manage a sales team, or if you’re a senior sales manager and you’re looking to promote one of your reps to a manager position, I’m really hoping that you’re going to take away some really actionable components of our podcast today. The topic today is going to be centered on as a newly minted sales manager, that first 90 days, which I think, and we talk about, is so critical, how to set yourself up and your team up for success in the critical first three months as a sales manager. I wanted to start, Tree, with a question for you, which is of the most important things you think that a new sales manager needs to focus on in the first 90 days, what do you think are the three most important?

McGlown: Yeah, that is a great question. To start off with, I think the number one is to listen and build a relationship. When you’re starting off as a new sales leader, or just a new leader in general, I believe that you really need to be humble. Be open to understand that your ideas might not always be the best ideas, but the end game is to make sure that the team wins. That is number one. Number two, evaluate your team that you presently have. When you’re going in, I would make sure that you understand that not all teams are created equal. Quickly assess and get a good understanding of your team’s skills, skill sets, what the future looks like for your organization, and make sure that your team aligns with those.
McGlown: Number three, these two things kind of go along, burn the ships and have intense focus. Everything that has happened in the past, what I like to take the approach is, if it happened in the past, you can assess it and learn from it but as you look for that next round of growth and that next step, it might be the case that everything that has happened previously, you’re going to have to throw it all out. And you’re going to have to be okay with that as a leader. And then, have intense focus. The people on your team is not just entrusting you with their career, they’re entrusting you with their families. With that trust, you need to have intense focus on what the goals/objectives are for your organization and to make sure that they’re hitting their individual goals and you are aligning what they want to do in the future with all the value and additive stuff which you’re providing for them.
Thomson: Got you, okay. Thanks for that. I think we got a bonus one in there-
McGlown: You did.
Thomson: … for number four. I want to talk a little bit more about, you were talking about building and evaluating the team and evaluating skill sets and evaluating your team, but what are some of your ideas on a newly minted sales manager? How best do they evaluate their sales reps in a short amount of time? Is it just looking historically at past sales figures? Is it utilizing sales tools to evaluate these individuals? What have you found is the best way of evaluating the team in a short manner?
McGlown: I think it’s a combination of both. I believe you need to understand what they have done in the past, like what do their numbers look like. And that evaluation goes beyond what have they done at the company in which they are at. What have they done prior? Get a good understanding of who they are, what motivates them. And then you have to ask the actual question, how does that align with the future of your organization? I also spend time with that person and those groups of people and talk to them. Because I do find that through conversation you learn a lot about a person. You learn some of the intangibles because you can really find that maybe someone has historically underperformed but they have a fire, a desire to hit that next level and they just need to tweak what they’re doing a little bit and then you can uncap that potential that just hasn’t been unleashed yet. So, I like to have conversations, one on ones, and all this is really happening over the first week or two. This is not like a super long process, but it does take very specific effort and focus around making sure that you understand each of your team members.
Thomson: Yeah, that makes a lot of sense. It’s something I talk a lot about to my team is something that you mentioned there, is really evaluating people based on ability and willingness, is two of the things I look at. Those that maybe are lacking the ability but to have the willingness is something I think you mentioned, working with those individuals to get there and to get back on track as a way of doing it. I definitely agree with all those. I have some of my own, but I think number one was very similar to yours in terms of building a relationship with your team. I think that’s of critical importance. And, like you, within the first two weeks, I think it can be done, having those one on one conversations with your team. Really understanding what drives them and getting to know them on a personal level, and starting to build that trust. Because I’m a big proponent of that trust that your employees feel to you is what’s going to keep them engaged and what’s going to keep them, frankly, at your company for a long time. So, I think that’s, as you mentioned, of critical importance. Something else I think all newly minted sales managers need to do right out of the gate is take a look at the comp plan and review and evaluate that because your team’s actions and behaviors are going to be dictated directly by their comp structure.
Thomson: If you want to change the behavior and the focus of the sales team, change your comp. If we wanted to focus more on multiyear contracts, adding specific spiffs to focus on that is something I do right out of the gate. Also, if especially you’re coming on board with a growing company that’s scaling really quickly, you need to learn how to interview and interview ASAP. And I see this as probably the biggest opportunity, I’ll call it, across the board. I see a lot of sales managers take that role and they don’t have enough support in terms of their boss telling them how they should conduct interviews and moving forward. So, they’re just kind of learning based on doing without having a lot of guidance, and I find a lot of times what happens is they eventually make hiring decisions based on whether they want to grab a beer with that individual after work as opposed to whether this individual is going to come in and really make an impact. So, for me, I’m always looking and asking questions around coachability and their work ethic. And I’m big on how inquisitive that that individual was as well, so what I like to do in all my interviews is leave 30%, to even upwards of 50% of the interview is spent having the interviewee ask questions to me.
Thomson: I want to see number one, obviously, are they prepared? Do they know a lot about our company? Number two, I want to know are they asking really smart questions? Because I know if they are, then when they come on board and it gets to the discovery phase of selling, I know they’re going to be really good. That’s one of the most important phases of the process that we have here. My last one is, I would say go in and evaluate the sales stack, what the team is using. A lot of times, I see people coming in and as a scale they just focus 100% on headcount and not the efficiency that can be derived from their current sales team by having the right tools and resources to make every single one of their reps more efficient. There are obviously a ton of tools out there I’m not going to get into. It’s probably another podcast, going through all the various sales tools out there that could help a team out. But, taking a look at the sales stack, asking your team where the deficiencies are, and getting those things in place. Let’s move on to the next set of questions, which is, Tree, what are the things that you’ve learned going from an individual contributor to a manager specifically? Do you have anything that you can relate to?
McGlown: Yeah, actually. This is actually probably the more humbling question, is just realizing I’m going to be wrong more often than I’m right and being okay with that. But learning quickly from your mistakes, from your bad calls, and making sure you have the right team around you. I have really found that as a leader, if you take a very humble approach towards best idea wins, being humble around the idea of hey, our goals are to win, people take and receive that and you become a trusted adviser and not just a manager. You become a leader. And that starts with being really humble, being very open. That transition, especially when you’re going from probably you were a winner like as I say, you were crushing it, going from that and knowing that everything you were doing was probably working. That’s why you got promoted. That’s why you’re taking that next step. But, as a first-time leader and manager, you will make mistakes. But, being okay with that and learning quickly from them, that separates the people who ended up being great from the people who end up being average.
Thomson: Yep, I couldn’t agree more. Just to continue down that path a little bit more, for me specifically, because I think you and I, we’re in the same place, we both were individual contributors, sales reps, at one time. For me, I think the most difficult thing was being a top rep and just having to rely on myself and my work ethic and everything was on me to be successful to almost a complete opposite, where now I’m 100% dependent on my team achieving those goals. I can’t help from a sales perspective, in terms of getting them there, certainly for motivation and everything else. That is what I’ve found, and talking to some sales leaders as well. A lot of feedback is they struggle with that as well, right out of the gate. Some resort to extreme micromanagement right out of the gate, and that just has the opposite effect of what you think will actually help out. You hurt a lot of relationships there. You might see a small uptake when you’re taking over deals and having a conversation and get some deals sold, but in the mid to long run there, you’re not going to be as successful doing that.
McGlown: Also layering process on them, that scalable process. That is something when, as an individual contributor, it’s really more art. But the transition to being science, that transition, that layering process, being okay with being in other people on your team that are working with you and for you to do the areas that you’re not as strong in and you might be more gifted in leading and orchestrating and guiding, but being okay with filling your gaps and recognizing what those gaps are.
Thomson: Yeah, absolutely. And I see that a lot too. Why sometimes some of the best sales reps struggle with management is that I think a lot of really good sales reps are naturally gifted in that, but when it comes to explaining and teaching and coaching what makes them successful, they struggle with that because they’re just naturally really good and they’ve got processes in place but it’s hard for them to articulate that to their team. And that ends up being a big problem for some managers. So, making sure, like you said, having that process. Being able to articulate your process and explain that to the team is of critical importance. How about, how do you get better from a management standpoint, from podcasts? Obviously, this is a great one, but books? Are there any books that you recommend, Tree, that you’ve read?
McGlown: When it comes to books, I take a little bit of a different approach than probably a lot of salespeople out there. My thought is how do I get a more robust, well-rounded knowledge in general around business, around life. Some of the books which have had some big impact on me have been Grit. It just talks about the whole startup grind. Starting something from nothing, pushing through the short term pain for the long term growth. Chase the Lion. Thinking about are your dreams big enough? Because if you want to be great, you have to have great dreams. Lastly, a book which I really liked a lot, it was a big read, I think it was like 700 pages, but Principles by Ray Dalio. That book, just when you’re thinking about building a team, and they obviously have a very unique approach to building their organization, their hedge fund, but his way of thinking about building a team, building accountability, and making sure people at all levels understand the actual business, I thought that was pretty interesting and unique. Those are three books that meant a lot to me and just my overall growth. As you could tell, they’re not necessarily directly sales books.
Thomson: No, no, no. That’s interesting. Add three new books to my list, since I know I haven’t read all three of those. Principles: Life and Work might be a book on tape for me.
McGlown: That is a book on tape.
Thomson: It seems really-
McGlown: I’m not going to lie. That-
Thomson: … It seems like a long one. I’m kind of in the same sentiment as you are. As you know, I do read some sales-centric books, but some of the ones that have been most impactful for me are not just specific sales-type books. One which is an older book, but I feel I’ve garnered a lot from it, just from both a personal and a professional standpoint, is the old Dale Carnegie … Is that how you pronounce the last name?
McGlown: Carnegie?
Thomson: Carnegie?
McGlown: Carnegie.
Thomson: It’s How to Win Friends and … Yeah, I’m not sure. How to Win Friends and Influence People. I’m kind of a history buff, so listening to a lot of the stories about Henry Ford and Rockefeller are really, really interesting. But, I think what’s really impactful for me is the storytelling in the book. I think they’re fantastic stories that he lays out. And it’s something I try to impress upon my team as well when they’re doing presentations or going through demos of the product, is it the importance of storytelling. Because if you have a very feature specific type of of demo, here are a lot of stats that say 24 hours after a demo or presentation your audience is going to retain about 5% or less of that. But, if you’re telling really good stories, that number goes up exponentially. So, I just like how the stories are presented in the book, and that is, again, something I try to teach the team here about a lot, is the importance of storytelling.
Thomson: And then, one of the most recent books are, or one of the books I’m reading right now, is Can’t Hurt Me by Dave Goggins, which is really interesting. This guy had a really, really hard upbringing. Ended up being a Navy Seal, an Army Ranger, an ultramarathoner, and lives by this 40% rule, that we’re only using 40% of our potential all the time. A big proponent of mind over matter. It’s been a really interesting book so far. I’m looking forward to finishing that. All right, well I think we’re up against it, Tree. It was great talking with you. That kind of wraps up another episode of the B2B Sales Show. Obviously, thanks for joining. I’ve learned a ton here. Tree, if listeners would like to learn a little bit more about you or Sideqik, where should they go?
McGlown: You guys can either email me at tree, T-R-E-E, @sideqik, S-I-D-E-Q-I-K, .com. Or, feel free to ping me on LinkedIn. Or, you can go to our website, which is sideqik.com.
Thomson: Perfect. Easy enough. Well, awesome. Make sure you guys are checking them out. They’re doing pretty incredible things over there. And if you’d like to learn more about Winmo and the sales intelligence platform that we have, you can go to winmo.com/b2bsalesshow. And feel free to connect with me on LinkedIn. David Thomson. Thomson, no P. T-H-O-M-S-O-N. All right, thanks Tree.
McGlown: Appreciate it, yeah.
Announcer 2: Looking for a smarter way to find relevant and actionable sales leads each day and a better way to open new doors with advertisers, marketers, and their agencies? That’s where Winmo can help. Recognized and trusted by your peers, it is the most comprehensive, accurate, and widely used advertising database available. Winmo is your only source for exclusive sales leads that are curated by analysts and delivered to you each and every morning. See what your industry peers are using to beat you to the sale. Start receiving the actionable leads you need to start owning the sales leader board now. Step up your sales game and win more by requesting a custom demo of Winmo today.
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The B2B Sales Show is a podcast dedicated to helping B2B sales professionals master the art and science of selling. If you want to hear what successful sales leaders and individual contributors are doing to break into new accounts, close more deals, and drive revenue for their organizations, you’ve got to check out their content!

Q4 Advertising Trends: Grilling, Housing & Home Improvement
in Ad Sales, Salesby Anna CrochetThere’s nothing worse than finding the right prospect but reaching them at the wrong time – after their budget has already been spent. To help you get ahead of the curve, we’re surfacing planning period trends you should be targeting now in the grilling and housing/ home improvement categories.
Now that Q3 has come to a close, hopefully you capitalized on the Weight Loss & Bridal opportunities we brought to your attention. In order to start Q4 and finish out the year on a strong note, we’ve created a list of brands entering peak planning mode so you can shift from reactive prospecting to proactive prospecting.
Reach the right person at precisely the right time with Winmo’s planning and buying periods, plus verified decision-maker contact information:
Grilling Season:
Grilling season typically begins in the warmer spring and summer months, but is at its peak advertising in Q3, beginning with 4th of July and running through the summer and fall months. Look for grill-focused advertising to skew heavily toward males. Additionally, look for advertising to be heaviest among top football and sports-focused channels.
Weber – Stephen Products Co
The Coleman Company, Inc
Kraft Heinz Company
Tyson Foods, Inc
Housing & Home Improvement:
The majority of housing and home improvement advertising takes place in Q2 and Q3, as this is when consumers typically take on the most home improvement focused activities. Therefore, look for Q4 to be the peak planning period for ad buys the following year. Focus pitches on ways to reach mature millennials and Gen-X homeowners.
ACME Brick Company
Bed Bath & Beyond
Kohler Company
The Sherwin-Williams Company
Whirlpool Corporation
7 Product Launches to Keep On Your Radar
in Ad Salesby Anna CrochetWe’re highlighting brands who are picking up momentum and introducing new products into the marketplace, signaling increased spending and new sales opportunities for you!
In this article you’ll find advertisers like Gatorade, Allbirds and Del Taco who have recently launched products over the summer, primarily throughout July and August, and are ideal targets for those who can amplify reach and navigate saturated markets.
To receive more new sales opportunities like these, Request a Winmo Demo today.
1. Allbirds: Carbon Neutral Sock Line
Allbirds specializes in sustainable footwear using premium natural materials. In mid-August, Allbirds launched socks in its first move beyond footwear. Slowly but surely moving into the apparel space, Allbirds launched three sock styles made with proprietary yarn. These socks indicate that the brand has bigger ambitions, and with new yarn, it has the ability to launch other clothing basics while keeping its eco-friendly reputation.
2. Bang Energy: Bang Birthday Cake Bash!
Bang Energy produces performance beverages and sports nutrition products that enhance both physical appearance and physical performance. In August, Bang Energy launched five new products celebrating its newest flavor, Birthday Cake Bash. This massive launch included five new flavors and was celebrated with Bang Energy influencers, ambassadors, shufflers, and figure skaters.
3. Del Taco: Breakfast Toasted Wrap
Del Taco is one of the largest taco fast-food chains in the world. The company operates in more than 495 restaurants in 14 states and offers a range of Mexican fare as well as traditional American meals like burgers and fries.
The nation’s second-leading Mexican quick-service restaurant announced the introduction of it’s newest breakfast item, the Breakfast Toasted Wrap, now available at the locations nationwide. The wrap offers flavor and freshness for just two dollars according to Del Taco’s Chief Marketing Officer Barry Westrum. For a limited time, Del Taco is offering it’s guest a free Breakfast Toasted Wrap with any purchase using their app.
4. Gatorade: BOLT24
In July, Gatorade launched the first product in a new platform for the brand. The Tropical Mango, Mixed Berry, Watermelon Strawberry flavors all contain 80 calories per bottle. The purpose of the product is to provide all-day hydration for the 24/7 athlete. According to the company, it delivers electrolytes from watermelon and sea salt, as well as 100% of the daily value of antioxidant vitamins A and C.
5. RightWater: Canned Water
The latest newcomer to the canned water market is RightWater. The California-based brand is completely free of single-use plastic. The still water is sourced from springs in California and packaged in 12-ounce cans. The brand works to fight the epidemic of harmful plastic waste by ethically packaging water from natural springs in 100% recyclable aluminum and BPA free cans.
6. Sun-Maid Growers of California: Sour Raisin Snacks
Headquartered in Kingsburg, CA, Sun-Maid Growers of California is a cooperative of raisin growers. The company produces Sun-Maid brand raisins and other fruit-based products. The company just expanded its product lineup in early August to include Sour Raisin Snacks.
These snacks are made of non-GMO whole fruit and are also gluteen0free with no added sugar or artificial ingredients in an effort to appeal to parents in search of a healthier fruit snack for their children.
In support, Sun-Maid is launching a new campaign that aims to educate customers on the product and its taste, as well as demonstrate how a fruit snack should and can be whole fruit. In addition, the brand also hosted a kid-friendly event in New York City incorporating experiential activities to introduce Sour Raisin Snacks.
7. ThirdLove: First Concept Store Opened
ThirdLove is a women’s intimate apparel and accessories line catering to women of all shapes and sizes. The company launched its first concept store in Manhattan, partnering with Alda Ly Architecture to design the space.
The store opened on July 24th with the goal of creating calming tones through natural wood accents throughout the space, even the dressing rooms are equipped with soft lighting. The store will remain open through the end of the year in order to help promote the innovative online lingerie company.
The Essential Guide to Sales and Marketing Alignment
in Marketing, Salesby Jennifer GroeseIf your organization is like most, sales and marketing are likely entirely separate teams, with different goals, different tactics, and different definitions of success.
At worst, these teams may find themselves embroiled in an adversarial relationship, with lots of friction when they are forced to work together.
That’s a real shame, because the fact is, sales and marketing go together like peanut butter and jelly. In some organizations, they’re even combined into one integrated approach — known as “smarketing”.
While you don’t have to go quite as far as completely merging your sales and marketing teams, there are some compelling reasons to get them aligned.
Why is sales and marketing alignment important?
When sales and marketing aren’t aligned, the result is often frustration on both sides and a massive waste of resources.
Sales is annoyed because marketing sends them poor quality leads that don’t convert. One study found nearly 75% of marketing leads don’t convert into a sale, often because these leads simply aren’t well-qualified.
Via Hubspot
Meanwhile, marketing feels like sales is dropping the ball, by not converting the leads they send, and not using the content they create. According to one study, as much as 80% of the content that marketing generates for sales is never used!
The root problem is a lack of alignment on the goals and strategy that will drive results for both teams and the organization as a whole.
Related: Guide to New Outbound Sales Strategies
Better together: Compelling sales and marketing alignment statistics
On the other hand, when sales and marketing are able to collaborate effectively, they can drive some impressive results. Just look at these sales and marketing alignment statistics:
Impressive, right? But maybe you’re wondering what sales-marketing alignment actually looks like in practice. Let’s take a look.
How to achieve sales-marketing alignment
We’ve seen that sales and marketing can both be more productive and generate more revenue when they collaborate. Here’s how to actually make it happen.
1. Get aligned around the same goal
While marketing teams may have longer-term goals like building a strong brand, growing awareness, and generating leads, sales tends to have shorter-term monthly or quarterly quotas they’re striving to meet.
Aligning around one goal, for example, number of leads or a revenue goal, ensures everyone is on the same page.
2. Define roles and responsibilities
It’s not uncommon for the sales and marketing team’s efforts and responsibilities to overlap. This is to be expected in an aligned team — however, it’s still important to make sure the team has a clear understanding of expectations, roles, and responsibilities.
3. Outline a Service-Level Agreement (SLA)
When used internally, an SLA is an agreement between the sales and marketing teams that outlines how each team will support their shared goals. It will outline the goals and metrics for each team, the deliverables each is responsible for, and the consequence if a goal is not met.
It should also outline what constitutes a lead, and a qualified lead, and what processes each team will follow throughout the process.
4. Meet regularly
Communication is key! Marketing and sales teams should meet regularly to keep each other in the loop on their goals, activities and key metrics.
The managers of each team should also be meeting regularly to look at metrics like lead generation and conversion rate, MQLs (marketing qualified leads) and other results.
The teams should also be spending quality time together outside of the office — happy hours and off-site activities help to build connection and personal relationships between the two teams.
5. Collaborate on content
Sales talks to customers every day — they know first-hand what questions they have and what problems they’re looking to solve. Sales and marketing should brainstorm content together and collaborate on content and campaigns that will support sales and provide value to customers.
6. Deploy the right tools
Aligned sales and marketing teams should be using the right tools. These include:
Customer Relationship Management (CRM)
A CRM (Customer Relationship Management system) is an absolute must for an aligned, effective sales and marketing team. A shared CRM like Salesforce or Zoho lets the entire team track prospects and customers throughout the life-cycle.
Project management
A shared project management tool like Trello or Asana will help keep aligned teams on the same page. Break down campaigns into projects, track deadlines and deliverables and assign tasks to key stakeholders.
Marketing automation
A marketing automation tool like HubSpot or Salesforce’s Pardot is essential for warming up prospects through targeted email and social media campaigns. It’s also a valuable tool for lead scoring While it may be mostly owned by marketing, given email’s importance in driving leads, sales teams should also be involved in helping to create messaging for nurture campaigns and behavior-triggered emails.
Related: How to Use Marketing Automation to Warm Up Prospects
Sales intelligence
A sales intelligence tool like Winmo helps sales teams discover new sales opportunities and stay up to date on the latest technology, trends, and organizational shifts.
While sales might mostly own the tool, marketing can benefit from greater insight and data on customers, HubSpot and Salesforce integrations, as well as features like uploading a list where marketers can easily upload a targeted account list and append relevant contact details.
Related: 2019 Guide to Brilliant Data-Driven Marketing
Final thoughts
The ways that sales and marketing teams work together is changing. The hand-off from marketing to sales now happens much later in the customer journey. Customers today do more research online before ever contacting a vendor, with marketing playing an important role throughout more of the buying process.
Sales meanwhile, tends to come in later, taking over when the lead is well-qualified and much closer to making a purchase decision.
Via Marketo
When marketing and sales are well-aligned, they can become a finely oiled, revenue-generating machine. But when they’re not? The lost sales productivity and wasted marketing budget can end up costing companies an incredible $1 trillion each year (yes, that’s trillion with a T!)
In order to align your sales and marketing teams, it’s crucial to establish shared goals, get everyone on the same page with an SLA, facilitate collaboration and communication, and build the tool stack that will help the team reach its goals.
Get started with a sales intelligence platform that will give your sales and marketing team a competitive edge, with more sales opportunities and better-qualified leads. Request your Winmo demo today!
2019 Guide to Brilliant Data-Driven Marketing
in Marketingby Anna CrochetWho are you selling to? What topics resonate with them? Where do they go to get information on those topics? What types of content do they like to consume?
If you can’t answer those questions with some certainty, there’s a good chance your marketing strategy is about as effective as a guessing game.
There’s a better way, and it’s called data-driven marketing.
What Is Data-Driven Marketing?
Data-driven marketing is the process of monitoring trends, collecting and analyzing data about your audience, and using the insights gained to make educated marketing decisions informed by cold, hard numbers.
Instead of educated guesses about their audience, data-driven marketers have actionable insight into who, what, where, when and how — who they’re trying to reach, the most effective platform and time to reach them, and the message and format that’s likely to resonate most.
Benefits of Data-Driven Marketing
The biggest benefit of data-driven marketing is that it helps you create better, more effective campaigns that drive more ROI for your organization. How does it do that? Let’s take a look at a few key ways:
Personalization
Perhaps the biggest benefit of using data to drive marketing is the ability to create highly personalized, highly targeted campaigns. Gone are the days of one-size-fits-all marketing messages. The more data you have about your customers, the more targeted you can make your campaigns.
According to research by McKinsey, “personalization can deliver five to eight times the ROI on marketing spend, and can lift sales by 10% or more.”
Improved Customer Experience
Forbes found that 49% of brands use data analytics to enhance the customer experience. One key way to do that is by personalizing their experience. According to one study, 80% of consumers are more likely to make a purchase when brands offer personalized customer experiences. When you have greater insight into your customers and what they value, you can offer the personalized experience customers expect.
Know What’s Working
Part of adopting a data-driven approach to marketing is carefully testing, tracking, and continuously improving your campaigns. This lets you know where your time and budget is best spent.
Predict the Future
By collecting and analyzing data on your customers’ behavior you can predict which calls-to-action and marketing messages will get them to buy in the future. Sales intelligence tools like Winmo take it a step beyond, predicting which specific companies and leads are likely to purchase, and when.
Challenges of Data-Driven Marketing
While a data-driven approach can improve your marketing, it’s not without its challenges. Some of these include:
You don’t have support from leadership. In a study by McKinsey on data and analytics programs, perhaps the biggest hurdle was a lack of leadership support and communication. Companies that had the most success tended to cite senior-management involvement as the factor that most contributed to their success.
Your data is obsolete or low-quality. Data is constantly changing. Your data needs to be constantly updated to provide a complete and accurate picture of your audience. It’s not the amount of data you have that’s most important — it’s the quality.
Data-driven personalization is hard. According to eMarketer, multiple studies have found that using data to personalize their messaging is one of their top challenges marketers face. The biggest challenges tended to be a lack of time, money or people. Not having the customer data needed to properly segment was another key challenge.
Via eMarketer
Hyper-focusing on data could lead to less creative campaigns. As Robert Glazer writes at Convince & Convert, a laser focus on metrics can come at the expense of outside-the-box thinking. Ideally, data and creativity should work together. All the data in the world can’t make up for bad creative!
You need the right skills. Collecting, analyzing, and using data can be quite a technical job (there’s a reason the field is called data science!) You don’t have to become a data scientist to use data-driven marketing (though you may find your team would benefit from hiring one.) But you and your team will likely need to learn some new skills in order to make the most effective use of your data.
Your data is siloed. Your data should be shared across the organization. Integrated data gives you a more complete view of your customer, particularly key for teams that use account-based marketing, and facilitates collaboration.
8 Data-Driven Marketing Tools to Add to Your Stack
The right tools can go a long way towards helping you overcome many of these challenges. Here are some of the top tools data-driven marketing teams are using.
What Data Should You Collect?
To build a complete view of your customer, you should aim to collect several different types of data. These might include:
All of these data points and others together create a highly detailed customer profile, allowing you to build personalized, targeted, and highly relevant campaigns and marketing messages.
Data-Driven Marketing Examples
So what does data-driven marketing actually look like? Here are some examples of data-driven marketing tactics you might incorporate into your strategy.
Leverage Retargeting
This is a big one. If you know someone has shown interest in your product — or has even already made a purchase — it only makes sense to leverage that! You can offer ads that are relevant to the purchase they previously made or the product they looked at, to upsell or cross-sell another item.
Target Your Email Campaigns
For a decade now, email has consistently been the channel that delivers the best ROI for digital marketers. A data-driven approach, in which you carefully segment your audience to deliver the most relevant, personalized campaigns can improve the effectiveness of your email campaigns even more.
Via Campaign Monitor
Plan More Effective Campaigns
Demographic data can help you plan more effective campaigns. In one example, shared by Wordstream, lawn care company GreenPal optimized their Adwords campaign after discovering one neighborhood seemed particularly price-sensitive.
Said owner Bryan Clayton: “So we segmented those zip codes and only ran a specific ad for them, with the headline ‘The Cheapest Lawn Mowing in Nashville. Lawn mowing from $20… We then created a matching landing page. After running the ad for one month, on-page analytics proved the guess to be true. We saw over 200 percent lift in click-through rate and a 30 percent lift in on-page conversion.”
Create Targeted Landing Pages
As seen in the example above, you can use data to create multiple targeted landing pages that speak to individual segments of your customer base. Every customer won’t be interested in every product or feature you offer however a relevant landing page that focuses on one solution or aspect of your product that each segment is interested in can lead to greater conversions.
Monitor Industry Trends and Competition
Data-driven marketing doesn’t just let you get a better look at your customer — it can also help you “spy” on your competition. What’s working (or not working) for them? What industry shifts are coming down the pike? Who just got new funding or launched a new product? Use your findings to build your own strategy.
Winmo’s integration with digital display intelligence platform Adbeat pulls competitive reports showing which brands are advertising with your competition, and also allows you to set up alerts in order to keep an eye on them. Adbeat crawls eight million ads daily, connecting those placements to the brands who bought them, (and how much they spent), any ad networks they were routed through, and the publisher destinations they appeared on.
The Future of Data-Driven Marketing: 3 Trends to Watch in 2019
Data-driven tactics have been perhaps the biggest shift in the marketing industry in decades. So what does the future hold? These are the trends we’re watching.
1. Artificial Intelligence (AI) and Machine Learning
According to Salesforce, the average marketing organization currently uses 14 data sources. That number is expected to grow about 20% year-over-year. Making sense of that data, including creating personas, lists, and segments will increasingly be the job of artificial intelligence.
2. Privacy
The Cambridge Analytica scandal and GDPR have changed the marketing game. Even as customers respond to and want personalized messaging, they also increasingly report that retargeting and highly relevant ads are “creepy.” Brands will have to strike a careful balance with messaging and ensure that they have the legal permission they need.
3. Predictive analytics
One trend we’re particularly excited about is predictive analytics. Predictive analytics technology uses high-quality data points to zero in on companies and prospects that fit your customer profile, combined with “intent data” to determine which accounts are most likely to buy, and when. You can then use this data to build targeted ad campaigns, as well as have your sales team send their pitches to the right person at the right time.
The Bottom Line
These days reaching customers, closing sales, and beating out your competition requires a highly targeted and personalized approach. The solution is to use data to drive your marketing campaigns.
Set your goals, layout your strategy, and invest in the right tools to find, analyze and act on the data you need. Track your results and be prepared to “fail fast” and adapt as you go.
Looking for a sales intelligence platform to level-up your data-driven sales and marketing? Check out Winmo.
6 Under-the-Radar Opportunities with Emerging Brands
in Ad Sales, Agency New Business, Marketing Techby Anna CrochetHave you been interested in getting your company in the door with smaller, emerging brands who are ready to invest? Well, now’s your chance. In Q2 there was a slew of companies that began shaking up their industries, and we’re bubbling up six of these opportunities to pursue now.
These emerging brands are smaller startups that are hungry for growth and searching for assistance on the road to expansion. Each brand is making heavier investments in marketing, bringing new hires on board, and generating the funds to support these efforts.
Take a look below:
1. Kahwa Coffee names AOR, opens first in-store cafes at Publix locations
Kahwa Coffee, a coffee production facility and coffee seller headquartered in St. Petersburg, Florida, named Paradise as their agency of record. Paradise will be responsible for strategic planning, brand development, creative services, PR, advertising media and data analytics. Kahwa currently exists in 14 cafes throughout the Tampa area. They have been around for 13 years and just released a “Lucky 13” roast in celebration, but their services have yet to expand out of the Florida area.
Kahwa products are available in Southeastern stores including Publix, Whole Foods, and Winn Dixie locations. Most recently, Publix is test-hosting three Kahwa in-store cafes, two in Florida and one in North Carolina.
Media Seller Opportunity: Coffee is in its golden age, reportedly a $14.4B industry. Additionally, the market’s “ready-to-drink” category shows a continual growth with millennials as the lead consumers. Millennials are usually coffee’s main demographic, but Baby Boomers are actually revealed as the top coffee drinkers. Spend should be on the rise in the near future. Sellers in the Southeast, particularly Florida, will have advantage securing revenue. Keep this company on your radar to track high ROI channels as they grow.
Request a Demo for Access to Kahwa Coffee Decision-Maker Contact Info
2. DTC health test co LetsGetChecked raises $30M, hires first CMO to fuel growth
LetsGetChecked, a DTC at-home health testing platform based in Dublin, raised $30 million in a Series B round led by LTP Equity in early May. The startup announced it would use the funding to scale it’s consumer brand in diagnostics to fuel core technology and logistical capabilities throughout the country.
In order to support expansion, LetsGetChecked also expanded its executive team. Simon Dunne took over the newly-created CMO position, effective May. Richard Southern was also appointed as chief analytics officer to lead data science. The company also hired David Baker as PPC and programmatic digital marketing executive. He is tasked with optimizing PPC and programmatic platforms, as well as driving new customer acquisition and customer retention.
Agency and Martech Opportunity: The global personnel will likely review agency relationships across LetGetChecked’s markets (US, Canada, and Europe), so reach out now to remain top-of-mind. Focus pitches on differentiating LetsGetChecked from competitors like EverlyWell, uBiome, and 23andMe, as well as from ordinary doctors.
Media Seller Opportunity: These personnel will likely increase spend across LetsGetChecked’s markets, so reach out now in order to secure revenue. The target demographic consists of anyone 18+, with no top spending period yet established. The company typically uses earned media, social media and other digital channels like SEO.
Request a Demo for Access to LetsGetChecked Decision-Maker Contact Info
3. Kombucha co Tribucha raises $1.5M under new CEO, searches for marketing head
Tribucha, a kombucha manufacturer in North Carolina, hired Paul Pritchard as it’s new CEO, effective November. Under his leadership, Tribucha raised $1.5M in a Series A round. The money will be used to improve it’s marketing efforts so it can stay top-of-mind amid the growing kombucha industry. Tribucha hopes to expand it’s sales and marketing team with 15 new personnel, one of which will be a head of marketing.
Sponsorship Seller Opportunity: Tribucha has been making efforts to increase marketing through sponsorships. It recently signed a partnership with the North Carolina Football Club, allowing it to place banner ads in the stadium and sponsor various running clubs. It also has sponsorship agreements with North Carolina Courage and The Raleigh Distance Project. Sponsorships currently make up the majority of Tribucha’s marketing, but those efforts will likely expand as Tribucha expands their team and looks to grow geographically.
Media Seller Opportunity: Tribucha currently serves in 22 states along the East Coast and Midwest, and plans to head towards the middle of the country and go national. National sellers should reach out to stay top-of-mind with expansion on the horizon. With no top spending period yet established, keep an eye on year-round revenue as well as dollars tied to two new flavors set to debut in September. Primary target audiences include Gen-X based on recent social media posts.
Request a Demo for Access to Tribucha Decision-Maker Contact Info
4. The Collective Hires Marketing lead, PR AOR to assist with expansion
The Collective, a co-living space operator, hired Samantha Garfield as US strategic communications and growth lead (brand CMO function), effective November. Additional personnel shifts include the hire of Joseph Turano as US operations lead (March) and Brian Backscheider as development manager (November).
The startup also hired Manifest as it’s PR AOR for the US and UK. The agency will oversee strategy, media & influencer relations, social media consultancy and above-the-line creative, as well as assist in expansion plans. These plans include a London co-living space as well as a New York co-living space in September. It plans to open a location in Dublin in the next year, as well as a location in Brooklyn by 2022.
Media Seller Opportunity: With expansion plans and new personnel on board to support those efforts, spend is likely to increase. Sellers are encouraged to reach out in order to secure revenue. Keep in mind there is no top spending period yet established, and spend is high throughout the year. The main target demographic consists of millennials and Gen-Z, especially those near locations.
The Collective currently uses digital, social media, earned media and cause marketing via it’s non-profit The Collective Foundation. Keep the potential of broadcast, outdoor, print, and radio on your radar.
Agency and Martech Opportunity: As you know, reviews tend to follow each other, and new personnel are a flashing signal the brand is likely to bring on additional agencies. With large expansion plans, reach out for media, creative and digital work. Focus pitches on helping the Collective stay top-of-mind amid competitors such as Starcity, Quarters, and Treehouse.
Request a Demo for Access to The Collective Decision-Maker Contact Info
5. Conservation startup Better Place Forests searches for first CMO to assist with growth
Better Place Forests, a startup using ashes to preserve forests, wants to drive brand awareness, reinforce brand proposition, drive customer acquisition, expand and position itself as the definitive source nationally of trusted end-of-life information.
To assist with this goal, the brand is on the hunt for a new CMO to lead expansion efforts. The new position will be responsible for devising and implementing a marketing plan that includes retail experience, PR and partnerships.
Additionally, the startup is looking to fill all key director level roles by fall 2019. Hiring a head of customer experience is also a priority in order to assist the CMO with retail experience duties. These hires will follow a slew of other new personnel on the team.
Agency and Martech Opportunity: This leadership is likely to hire a PR agency in order to help Better Place increase awareness and grow, so those with heavy PR capabilities should reach out for work. Those near Better Placee’s headquarters in San Fransisco may have the advantage.
Media Seller Opportunity: We expect a heavy marketing push once a CMO is in place and begins working on increasing brand awareness. Reach out now in order to remain top-of-mind. While Better Place has national reach, those near its locations will likely have the advantage. Keep in mind no top spending period has been established.
Request a Demo for Access to Better Place Decision-Maker Contact Info
6. Little Beet Restaurants plans aggressive expansion after hiring CEO
The Little Beet, an emerging natural-foods restaurant, opened a new location in Miami reported in April. This location served as the first outside its original markets of NY and DC. About nine months ago, Little Beet named Becky Mulligan it’s CEO. The company plans to open 15 new units by the end of 2020 under her leadership.
Media Seller Opportunity: With the plant-inspired, gluten-free menu, Little Beete has not yet established a top spending period, so sellers should reach out throughout the year to secure ad revenue. Local sellers will likely have the advantage, as well as those with high engagement among millennial consumers.
Request a Demo for Access to Little Beet Decision-Maker Contact Information
How to Build the Perfect Media Kit
in Ad Salesby Anna CrochetA creative and unique media kit can easily grab the attention of prospective clients. It can also be the ultimate deciding factor of whether or not you close the deal. A media kit is essentially an opportunity to prove your merit.
Arguably one of the most important documents that your company will generate, a media kit is an opportunity to entice potential clients and investors. Therefore, it needs to be as close to perfect as possible.
The deck is a shot to cast your company’s vision and win over prospective customers. Great pitches are really just great stories. If you are able to tell a compelling story, the audience will be hooked and have three main questions answered:
Pitch decks are constantly being refined and tweaked based on who they are being presented to. One size definitely does not fit all, but in general there are several important factors to include when creating the perfect media kit or pitch deck.
Note that according to reports, investors spend on average 3 minutes and 44 seconds per pitch deck. From a study analyzing 200 pitch decks, investors spent the most amount of time reviewing the slides concerning financials, a team overview, and competition.
Aside from these specific areas, a good pitch deck should highlight all of the following areas:
Know The Audience
This one may sound obvious, but the presentation should be educating your audience about the opportunity available to them in your service. Your audience is the most important factor in shaping the deck. It’s crucial to pinpoint topics that will add value for your audience.
All advertisers are not created equal. Some brands appeal more strongly to Hispanics, or Millennials, others skew male, or trend affluent or any combination of things. It’s imperative to understand a brand’s target demographic when pitching and ensure you have the ability to reach them.
By understanding the brand’s audience, outreach can be more personalized and cater to a particular demographic. Using key demographic details creates a more powerful approach to a targeted group, and sets your team apart from the rest.
Highlight Pain Points
When creating a pitch deck, one main question to answer is: what problem are you solving? Rather than sell your product, sell the problem your product solves. Each brand has specific pain points, so don’t hesitate to address those and educate them on how your product can be used to overcome challenges.
This is truly the meat of your presentation and will either entice your audience or not. Be sure to answer all potential follow up questions in your slides to ensure the solution you are suggesting is concise and clear.
As you know, timing is everything in business. It makes sense to also address why it makes sense to invest in your product now, rather than wait to make the decision. Be thoughtful about your market opportunity and the tangible pain points that your audience is facing.
Competition
It’s the elephant in the room. Obviously, there are competitors working within the same space, and how you measure up against them is a key question to answer.
In this portion of the pitch deck, clearly outline what makes your product unique and highlight the things you have the ability to offer that no one else can. You want to clearly differentiate yourself in these slides so that the person viewing the deck has a good understanding of what makes your company stand out.
What key advantages do you have over the competition or is there some “secret sauce” that you have and others don’t? The key here is explaining how you are different than the other players on the market and why customers should choose you instead of a different option.
Case Studies
Your happy customers are your best marketing. Use your testimonials to demonstrate your credibility. Testimonials can come in many different forms, including videos, case studies, and truly any way customer outcomes and successes can be highlighted.
Advocacy keeps the focus on the customer, while simultaneously demonstrating how your product has been used successfully. Prospective customers care more about seeing how your product has been implemented than they care about hearing you talk about what you can potentially do.
Testimonials can be different in each presentation, make sure they’re relevant to the company you are pitching to. Each testimonial should be strategically chosen. Perhaps choose to focus on an experience with a company that is similar to the one you are focusing on, and address the same problem to really drive the point home.
This portion of your presentation proves that your brand can be trusted. They not only confront the idea of solving problems, but they also tell the story of how these problems are solved and position your company as authoritative and solution-centric.
Prospect Watch: UK Decision-Makers On the Move
in UKby Anna CrochetWe’ve said it before and we will say it again, the number one trigger that helps our clients consistently win new business is knowing when CMOs are starting a new role.
Based on our research, we typically see that upon a new CMO taking their post, they will shake up their agency roster within the first 3-12 months. In this post we’re surfacing timely decision-maker shifts you should act on now.
Brands like Love Energy, VibePay, Reach, London Executive Offices and Apothem Labs are shuffling their leadership team, which means opportunity for you.
Take a look!
1. Apothem Labs Hires CEO, CMO to Oversee October Launch
Apothem Labs plans to launch this October with a premium CBD product as well as a unique, service-driven approach. In order to support this launch and goal, it has been bolstering its executive team.
The company hired Amelia Baerlein as it’s new CEO in January. Jessica Binns was named the startup’s first CMO, effective July. Lower-level shifts followed as well, including the promotion of Georgina Thatcher from manager to director in November.
Agency and Martech Opportunity: The team is likely to bring on agencies, especially those that specialise in PR, to assist with the launch. In addition to assisting with the launch, pitch ways to keep Apotheem top-of-mind in the oversaturated CBD industry.
Media Seller Opportunity: These shifts in leadership will likely see APothem launch with a bang, so reach out now in order to secure revenue. The company will begin by targeting consumers of all ages and backgrounds but plans to launch B2B distribution and white-label services in 2020. Apothem will likely start out with digital and social media, but keep an eye out for media and experiential considering those channels are used to generate awareness.
Request a Demo for Access to Apothem Labs Decision-Maker Contact Info
2. London Executive Offices Shuffles Leadership, Announces Digital Transformation
Flexible workspace solution London Executive Offices (LEO) was sold to Lebara founder Celvam Management for £475m in October. The company saw CEO Jason Leek depart in June, and also hired Justin Skinner as it’s brand and marketing director (brand CMO function) in July. He plans to guide the business through a rebrand and digital transformation.
Agency and Martech Opportunity: With additional shifts following these, there’s a good chance we’ll see agency shifts under the new leadership. Focus pitches on assisting Skinner with his duties as well as differentiating LEO from competitors such as WeWork, IWG, and ServCorp.
Media Seller Opportunity: The company has seen decreases in spend, but these decreases are likely to reverse as the new personnel spread their influence. The flexible workspace is expected to grow 50% by 2022, so LEO is one to keep on your radar. Expect most of the increases to go to digital. LEO targets business decision-makers at both large and small companies. It does not have a top spending period, so look out for revenue year-round.
Request a Demo for Access to LEO Decision-Maker Contact Info
3. Reach Hires CMO, CEO Amid Digital Transformation
Multimedia publisher Reach, formerly known as Trinity Mirror, hired Jo Bacon as it’s chief marketing officer and invention director in February. On top of that, the company hired Jim Mullen as CEO, effective August 16, to replace incumbent Simon Fox. The company also saw a slew of lower-level shifts.
Agency and Martech Opportunity: There’s a good chance we’ll see agency changes under this new leadership, so agencies and martechs should reach out now for revenue. Media is currently out of Vizeum. Focus pitches on helping Reach deliver on it’s three strategic pillars of growth: optimise, grow and commercialise. These initiatives should see the recent spend decreases reverse themselves. Spend decreases will also reverse themselves because of the growth driven by the recent acquisition of Express & Star and because of the influence of the new personnel.
Media Seller Opportunity: Since spend is likely to go up, sellers should reach out to marketing leaders for revenue. The company’s top spending periods fluctuate, but focus on planning period Q2 and buying period Q1. Reach has a wide demographic, but seems to be focusing on millennials with it’s three strategic pillars.
Request a Demo for Access to Reach Decision-Maker Contact Info
4. Fintech Startup VibePay Expands Leadership to Prepare for September Launch
VibePay plans to launch this September with its first product: a peer-to-peer payments app. To prepare for this launch, Founder and CEO Luke Massie has been building out the leadership team. The startup hired Nikola Vidal as it’s first CMO in July. Several other shifts followed in order to support the company’s rapid growth plans.
Agency and Martech Opportunity: This new leadership team in place is likely to bring on agencies to assist VibePay with its launch, so we encourage agencies and martechs with fintech or startup experience to reach out for work. Focus pitches on leveraging VibePay’s differentiators: it allows users to create groups and organise social events, it is powered by Open Banking, and it charges no fees. Find ways to stand out among its competitors including PayPal, Cash App and TransferWise.
Media Seller Opportunity: VibePay is focused on millennials and Gen-Z, so sellers with high reach among those demographics should reach out. There should be plenty of revenue to secure from the September launch, and the company has other products in the pipeline as well. With no top spending established, there’s an opportunity to secure year-round revenue.
Request a Demo for Access to VibePay Decision-Maker Contact Info
5. Love Energy Savings Hires CMO to Help with Ambitious Growth Goals
Love Energy Savings (LES), an energy price comparison specialist, hired Phil Windas as it’s new CMO in June. The team saw several other expansions including an e-CRM manager, commercial head, customer generation specialist and content executive.
Agency and Martech Opportunity: This expanded team is likely to review agency relationships, so agencies and martechs should reach out for work. Bring Digital picked up SEO work late in 2014, but other agency relationships are unknown. Focus pitches on leveraging LES’s mascots as well as helping achieve growth goals.
By the end of 2021, LES wants to quadruple its customer base to 160,000 and double it’s annual profits to £10m. At the end of September, it’s raised £25m in private equity from LDC to meet those goals as well as expand its services offerings into categories such as water, telecoms, and insurance.
Media Seller Opportunity: In order to achieve goals, spend will likely increase, especially with funding and a new CMO in place. Sellers should reach out to marketing leaders sooner rather than later. LES uses wide-reaching strategies to target both businesses and consumers. It does not have a top spending period and spends highly throughout the year.
Request a Demo for Access to LES Decision-Maker Contact Info
5 Brands with Expanding Budgets
in Ad Sales, Agency New Business, Marketing Techby Anna CrochetNothing signals opportunity like the words expanding budget. Spikes in spend are a flashing light signaling dollars available for you and your team.
Our team of research analysts track industry movements on a daily basis and translates them into quick predictions you can act on, providing the perfect window of opportunity to reach out when brands have budget available.
We’ve collected five brands with dollars up for grabs, and details on where they plan to allocate this budget. Check them out below:
1. Papa John’s Plans Marketing Spend Spike fo new AOR’s Upcoming Work
After a hectic year, struggling Pizza chain Papa John’s has selected Havas’s Camp + King as it’s new creative AOR. According to CMO Karlin Lindhardt, they plan to launch an exciting new campaign this fall. The upcoming creative will feature brand sponsor Shaquille O’Neal.
Media Seller Opportunity: Papa John’s plans to spend around $20 million over the next four months on this turnaround campaign, so sellers should start reaching out for last-minute ad revenue. The creative will likely debut in September. The company tends to invest in outdoor, print and radio channels. Outdoor and print have declined over the past few years, but radio has grown. The target demographic consists of Gen-Z and millennial consumers, with spend spiking during Q4-Q1.
Agency and Martech Opportunity: As you know, reviews tend to follow one another. Media and digital duties may be available. Havas Media Group has only handled media since late last year, with Powell Tate on PR since last August. While neither has reached average agency tenure of 3-4 years, Papa John’s incumbent creative AOR had only been hired about a year ago. Keep in mind it’s also been less than a year since the company hired CMO Karlin Linhardt.
Request a Demo for Access to Papa John’s Decision-Maker Contact Info
2. AXA Group Launches Creative and Media Reviews, Increases Digital Display Spend
AXA has recently launched a review of it’s creative Publicis and global media AOR Havas.
Media Seller Opportunity: Some agencies have reportedly been asked to step out of the competition, so sellers should keep AXA Group on their watch as the review comes to a close. The agency shifts will bring continued spending increases. Digital display has increased this year, and it will likely continue to increase once a new creative is chosen.
Paid media saw slight decreases this year, but digital display increased 338% from $7.6K to $25.7k. Sellers should take advantage of this. AXA’s recent video campaign starred Serena Williams, who is worth about $180 million, so AXA is willing to spend a pretty penny to reach their demographic.
Request a Demo for Access to AXA Group’s Decision-Maker Contact Info
3. Charlotte’s Web Holdings Increases Digital Spend, Plans to Expand Globally
Charlotte’s Web Holdings (CWH), a leading cannabis production and distribution company headquartered in Boulder, Colorado, recently hired new CEO Deanie Elsner. In addition, the company also hired Eugenio Mendez as CWH’s first chief growth officer.
Media Seller Opportunity: The projected revenue growth for this year is 30-35%, so sellers should prepare to reach out for new spending dollars. Keep in mind marketing efforts for cannabis, CBD, and hemp brands usually remain local. Those in Colorado and legalized states will have the upper hand.
Agency Opportunity: Keep CWH on your radar as a potential digital client, considering it has yet to name an AOR, creative, digital or media buying and planning agency.
Request a Demo for CWH Decision-Maker Contact Info
4. Charles Schwab CMO Departs Amid Spending Increases
Bank and brokerage firm Charles Schwab has parted ways with Andy Gill, EVP and CMO since January. His duties have temporarily been taken over by Jonathan Craig, interim senior executive VP for investor services, advisory services, retirement plan services, and marketing.
Along with several other recent hires, Charles Schwab has brought on digital transformation VP Faz Assadi, effective June. With a new digital leader, spend in this channel is expected to rise.
Media Seller Opportunity: Charles Schwab typically targets Gen-X and boomers with a male skew. Along with TV and digital, it tends to invest in outdoor and print media but seems to have pulled out of radio this year. Spend is typically high throughout the year.
Agency and Martech Opportunity: Since new CMOs often conduct reviews, reach out soon in order to remain top-of-mind when a new leader is named. Competition will include the Richards Group, creative AOR since 2015, nearing average agency tenure (3-4 years). Media work, retained by UM last year, is most likely off the table. The company also works with Mekanism.
Request a Demo for Access to Charles Schwab Decision-Maker Contact Info
5. BodyArmor Taps Creative AOR Following President Hire, Ramps Up TV Spend
Healthy sports drink brand BodyArmor tapped Laundry Service as it’s new creative AOR after a review. The independent agency will oversee TV, digital, social and out-of-home. It replaces the Brooklyn Brothers.
The change follows several executive shifts, including the hire of Brent Hastie as president in March. Hastie will oversee all aspects of the business, as well as help BodyArmor expand its retail distribution and grow across the globe.
Media Seller Opportunity: The first work from the agency is slated to drop in 2020, so sellers should reach out now in order to remain top-of-mind. After, keep an eye on year-round revenue considering BodyArmor tends to spend evenly throughout the year. The target demographic includes better-for-you athletic consumers, especially men and younger millennial and Gen Z consumers.
BodyArmor has been increasing spend, but keep in mind most of those investments have gone to TV as digital display has seen increases. However, these decreases could very well reverse themselves with the new leadership and agency in place. Expect overall spend to increase with the shifts.
Agency and Martech Opportunity: Since reviews tend to follow one another, those with sports drink experience should reach out for media, digital, and PR work. Berk Communications currently handles PR work. Focus pitches on differentiating BodyArmor from its competitors, especially Gatorade, who has called them out in past campaigns.
Request a Demo for Access to BodyArmor Decision-Maker Contact Info
(Podcast) 3 Urgent Things to Do In Your First 90 Days as a Sales Manager
in Podcastby Ayanna GantSummary: New sales managers aren’t just responsible for upholding their team’s trust. They have their team’s careers riding on their shoulders. They have their team’s families relying on them. On this episode of the B2B Sales Show, Dave Thomson, Chief Revenue Officer at Winmo sits down with Tree McGlown, Chief Revenue Officer at Sideqik, to talk about the three things that newly minted managers should do in their first 90 days.
Announcer 1: You are listening to the B2B Sales Show, a podcast dedicated to helping B2B sales professionals master the art and science of selling. If you want to hear what successful sales leaders and individual contributors are doing to break into new accounts, close more deals, and drive revenue for their organizations, you’ve come to the right place. Let’s get into the show.
Dave Thomson: Hello, everyone. Welcome back to another episode of the B2B Sales Show. I’m Dave Thomson, Chief Revenue Officer at Winmo, and today I’m joined by Tree McGlown, who is a Chief Revenue Officer as well, and Co-Founder, of a company called Sideqik. S-I-D-E-Q-I-K. Tree is responsible for leading revenue, finance, and partnerships over at Sideqik. For those that don’t already know, Sideqik is an N2N influencer marketing platform that combines AI-based social media intelligence with influencer marketing to help marketers forecast what trends will be important to that brand in the future. Tree, welcome.
Tree McGlown: How’s it going?
Thomson: It’s going well. Did I leave anything out there?
McGlown: No, I think that was pretty clear. Appreciate it.
Thomson: Yeah.
McGlown: Good intro.
Thomson: Well I’m, again, happy to have you on the show. And I’m really excited about our topic today because I think it’s one that’s going to be impactful and resonate across all the listeners today. So, whether you’re a newly minted sales manager, maybe you’re a sales rep right now with an ambition to one day manage a sales team, or if you’re a senior sales manager and you’re looking to promote one of your reps to a manager position, I’m really hoping that you’re going to take away some really actionable components of our podcast today. The topic today is going to be centered on as a newly minted sales manager, that first 90 days, which I think, and we talk about, is so critical, how to set yourself up and your team up for success in the critical first three months as a sales manager. I wanted to start, Tree, with a question for you, which is of the most important things you think that a new sales manager needs to focus on in the first 90 days, what do you think are the three most important?
McGlown: Yeah, that is a great question. To start off with, I think the number one is to listen and build a relationship. When you’re starting off as a new sales leader, or just a new leader in general, I believe that you really need to be humble. Be open to understand that your ideas might not always be the best ideas, but the end game is to make sure that the team wins. That is number one. Number two, evaluate your team that you presently have. When you’re going in, I would make sure that you understand that not all teams are created equal. Quickly assess and get a good understanding of your team’s skills, skill sets, what the future looks like for your organization, and make sure that your team aligns with those.
McGlown: Number three, these two things kind of go along, burn the ships and have intense focus. Everything that has happened in the past, what I like to take the approach is, if it happened in the past, you can assess it and learn from it but as you look for that next round of growth and that next step, it might be the case that everything that has happened previously, you’re going to have to throw it all out. And you’re going to have to be okay with that as a leader. And then, have intense focus. The people on your team is not just entrusting you with their career, they’re entrusting you with their families. With that trust, you need to have intense focus on what the goals/objectives are for your organization and to make sure that they’re hitting their individual goals and you are aligning what they want to do in the future with all the value and additive stuff which you’re providing for them.
McGlown: You did.
Thomson: … for number four. I want to talk a little bit more about, you were talking about building and evaluating the team and evaluating skill sets and evaluating your team, but what are some of your ideas on a newly minted sales manager? How best do they evaluate their sales reps in a short amount of time? Is it just looking historically at past sales figures? Is it utilizing sales tools to evaluate these individuals? What have you found is the best way of evaluating the team in a short manner?
McGlown: I think it’s a combination of both. I believe you need to understand what they have done in the past, like what do their numbers look like. And that evaluation goes beyond what have they done at the company in which they are at. What have they done prior? Get a good understanding of who they are, what motivates them. And then you have to ask the actual question, how does that align with the future of your organization? I also spend time with that person and those groups of people and talk to them. Because I do find that through conversation you learn a lot about a person. You learn some of the intangibles because you can really find that maybe someone has historically underperformed but they have a fire, a desire to hit that next level and they just need to tweak what they’re doing a little bit and then you can uncap that potential that just hasn’t been unleashed yet. So, I like to have conversations, one on ones, and all this is really happening over the first week or two. This is not like a super long process, but it does take very specific effort and focus around making sure that you understand each of your team members.
Thomson: Yeah, that makes a lot of sense. It’s something I talk a lot about to my team is something that you mentioned there, is really evaluating people based on ability and willingness, is two of the things I look at. Those that maybe are lacking the ability but to have the willingness is something I think you mentioned, working with those individuals to get there and to get back on track as a way of doing it. I definitely agree with all those. I have some of my own, but I think number one was very similar to yours in terms of building a relationship with your team. I think that’s of critical importance. And, like you, within the first two weeks, I think it can be done, having those one on one conversations with your team. Really understanding what drives them and getting to know them on a personal level, and starting to build that trust. Because I’m a big proponent of that trust that your employees feel to you is what’s going to keep them engaged and what’s going to keep them, frankly, at your company for a long time. So, I think that’s, as you mentioned, of critical importance. Something else I think all newly minted sales managers need to do right out of the gate is take a look at the comp plan and review and evaluate that because your team’s actions and behaviors are going to be dictated directly by their comp structure.
Thomson: If you want to change the behavior and the focus of the sales team, change your comp. If we wanted to focus more on multiyear contracts, adding specific spiffs to focus on that is something I do right out of the gate. Also, if especially you’re coming on board with a growing company that’s scaling really quickly, you need to learn how to interview and interview ASAP. And I see this as probably the biggest opportunity, I’ll call it, across the board. I see a lot of sales managers take that role and they don’t have enough support in terms of their boss telling them how they should conduct interviews and moving forward. So, they’re just kind of learning based on doing without having a lot of guidance, and I find a lot of times what happens is they eventually make hiring decisions based on whether they want to grab a beer with that individual after work as opposed to whether this individual is going to come in and really make an impact. So, for me, I’m always looking and asking questions around coachability and their work ethic. And I’m big on how inquisitive that that individual was as well, so what I like to do in all my interviews is leave 30%, to even upwards of 50% of the interview is spent having the interviewee ask questions to me.
Thomson: I want to see number one, obviously, are they prepared? Do they know a lot about our company? Number two, I want to know are they asking really smart questions? Because I know if they are, then when they come on board and it gets to the discovery phase of selling, I know they’re going to be really good. That’s one of the most important phases of the process that we have here. My last one is, I would say go in and evaluate the sales stack, what the team is using. A lot of times, I see people coming in and as a scale they just focus 100% on headcount and not the efficiency that can be derived from their current sales team by having the right tools and resources to make every single one of their reps more efficient. There are obviously a ton of tools out there I’m not going to get into. It’s probably another podcast, going through all the various sales tools out there that could help a team out. But, taking a look at the sales stack, asking your team where the deficiencies are, and getting those things in place. Let’s move on to the next set of questions, which is, Tree, what are the things that you’ve learned going from an individual contributor to a manager specifically? Do you have anything that you can relate to?
McGlown: Yeah, actually. This is actually probably the more humbling question, is just realizing I’m going to be wrong more often than I’m right and being okay with that. But learning quickly from your mistakes, from your bad calls, and making sure you have the right team around you. I have really found that as a leader, if you take a very humble approach towards best idea wins, being humble around the idea of hey, our goals are to win, people take and receive that and you become a trusted adviser and not just a manager. You become a leader. And that starts with being really humble, being very open. That transition, especially when you’re going from probably you were a winner like as I say, you were crushing it, going from that and knowing that everything you were doing was probably working. That’s why you got promoted. That’s why you’re taking that next step. But, as a first-time leader and manager, you will make mistakes. But, being okay with that and learning quickly from them, that separates the people who ended up being great from the people who end up being average.
Thomson: Yep, I couldn’t agree more. Just to continue down that path a little bit more, for me specifically, because I think you and I, we’re in the same place, we both were individual contributors, sales reps, at one time. For me, I think the most difficult thing was being a top rep and just having to rely on myself and my work ethic and everything was on me to be successful to almost a complete opposite, where now I’m 100% dependent on my team achieving those goals. I can’t help from a sales perspective, in terms of getting them there, certainly for motivation and everything else. That is what I’ve found, and talking to some sales leaders as well. A lot of feedback is they struggle with that as well, right out of the gate. Some resort to extreme micromanagement right out of the gate, and that just has the opposite effect of what you think will actually help out. You hurt a lot of relationships there. You might see a small uptake when you’re taking over deals and having a conversation and get some deals sold, but in the mid to long run there, you’re not going to be as successful doing that.
McGlown: Also layering process on them, that scalable process. That is something when, as an individual contributor, it’s really more art. But the transition to being science, that transition, that layering process, being okay with being in other people on your team that are working with you and for you to do the areas that you’re not as strong in and you might be more gifted in leading and orchestrating and guiding, but being okay with filling your gaps and recognizing what those gaps are.
Thomson: Yeah, absolutely. And I see that a lot too. Why sometimes some of the best sales reps struggle with management is that I think a lot of really good sales reps are naturally gifted in that, but when it comes to explaining and teaching and coaching what makes them successful, they struggle with that because they’re just naturally really good and they’ve got processes in place but it’s hard for them to articulate that to their team. And that ends up being a big problem for some managers. So, making sure, like you said, having that process. Being able to articulate your process and explain that to the team is of critical importance. How about, how do you get better from a management standpoint, from podcasts? Obviously, this is a great one, but books? Are there any books that you recommend, Tree, that you’ve read?
McGlown: When it comes to books, I take a little bit of a different approach than probably a lot of salespeople out there. My thought is how do I get a more robust, well-rounded knowledge in general around business, around life. Some of the books which have had some big impact on me have been Grit. It just talks about the whole startup grind. Starting something from nothing, pushing through the short term pain for the long term growth. Chase the Lion. Thinking about are your dreams big enough? Because if you want to be great, you have to have great dreams. Lastly, a book which I really liked a lot, it was a big read, I think it was like 700 pages, but Principles by Ray Dalio. That book, just when you’re thinking about building a team, and they obviously have a very unique approach to building their organization, their hedge fund, but his way of thinking about building a team, building accountability, and making sure people at all levels understand the actual business, I thought that was pretty interesting and unique. Those are three books that meant a lot to me and just my overall growth. As you could tell, they’re not necessarily directly sales books.
Thomson: No, no, no. That’s interesting. Add three new books to my list, since I know I haven’t read all three of those. Principles: Life and Work might be a book on tape for me.
McGlown: That is a book on tape.
Thomson: It seems really-
McGlown: I’m not going to lie. That-
Thomson: … It seems like a long one. I’m kind of in the same sentiment as you are. As you know, I do read some sales-centric books, but some of the ones that have been most impactful for me are not just specific sales-type books. One which is an older book, but I feel I’ve garnered a lot from it, just from both a personal and a professional standpoint, is the old Dale Carnegie … Is that how you pronounce the last name?
McGlown: Carnegie?
Thomson: Carnegie?
McGlown: Carnegie.
Thomson: It’s How to Win Friends and … Yeah, I’m not sure. How to Win Friends and Influence People. I’m kind of a history buff, so listening to a lot of the stories about Henry Ford and Rockefeller are really, really interesting. But, I think what’s really impactful for me is the storytelling in the book. I think they’re fantastic stories that he lays out. And it’s something I try to impress upon my team as well when they’re doing presentations or going through demos of the product, is it the importance of storytelling. Because if you have a very feature specific type of of demo, here are a lot of stats that say 24 hours after a demo or presentation your audience is going to retain about 5% or less of that. But, if you’re telling really good stories, that number goes up exponentially. So, I just like how the stories are presented in the book, and that is, again, something I try to teach the team here about a lot, is the importance of storytelling.
Thomson: And then, one of the most recent books are, or one of the books I’m reading right now, is Can’t Hurt Me by Dave Goggins, which is really interesting. This guy had a really, really hard upbringing. Ended up being a Navy Seal, an Army Ranger, an ultramarathoner, and lives by this 40% rule, that we’re only using 40% of our potential all the time. A big proponent of mind over matter. It’s been a really interesting book so far. I’m looking forward to finishing that. All right, well I think we’re up against it, Tree. It was great talking with you. That kind of wraps up another episode of the B2B Sales Show. Obviously, thanks for joining. I’ve learned a ton here. Tree, if listeners would like to learn a little bit more about you or Sideqik, where should they go?
McGlown: You guys can either email me at tree, T-R-E-E, @sideqik, S-I-D-E-Q-I-K, .com. Or, feel free to ping me on LinkedIn. Or, you can go to our website, which is sideqik.com.
Thomson: Perfect. Easy enough. Well, awesome. Make sure you guys are checking them out. They’re doing pretty incredible things over there. And if you’d like to learn more about Winmo and the sales intelligence platform that we have, you can go to winmo.com/b2bsalesshow. And feel free to connect with me on LinkedIn. David Thomson. Thomson, no P. T-H-O-M-S-O-N. All right, thanks Tree.
McGlown: Appreciate it, yeah.
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The Ultimate Guide for Selling to a CMO
in Ad Sales, Marketing, Salesby Anna CrochetWith an overflowing inbox and a packed schedule, today’s CMO is more elusive than ever. What gets them to schedule a discovery call (let alone open your email) in the first place? Even if you manage to get through to the CMO, it’s much more challenging to actually win a piece of their marketing budget.
Our own Winmo CMO Jennifer Groese recently sat down with Nicole Smith, CMO at UserIQ, to chat about this topic on our podcast. Here are some of the key takeaways from their conversation. Did you know that on average, it takes around 18 calls just to connect with a buyer? And being hard to reach isn’t the only thing standing between you and a sale.
Here are some of the other key challenges of selling to a CMO:
So how do you overcome these challenges? Here are five ways to capture a CMO’s attention:
1) Be relevant
Don’t share case studies on cat food if the prospect sells sports cars. Provide insights and solutions that help them fix a specific problem and focus on the customer’s needs. The best sales reps help the customer identify pain points, perhaps even some they’re not aware of, and find solutions. However, in order to do that, you’ve got to lay the groundwork.
2) Put in the work
Before you even send an email, put the effort in to educate yourself about their business, industry, customers, and the problems they’re trying to solve. Give your prospect a clear understanding of how they’ll measure the ROI of your product. This is particularly important given that CMO tenure tends to be shorter on average than their C-Suite counterparts. They’re under pressure to make an impact in a relatively short amount of time- clear metrics in terms of dollars or number of sales can help them prove ROI quickly.
3) Help them build a use case
You sell to the CMO, but they’ve got to sell your product or solution internally. Don’t put it on them to prove the business value and ROI. Building a strong business case for them makes it easier for them to sell it to their CEO. Then, let your product speak for itself. A trial is a huge help in building a use case for your product or solution and selling it to the rest of the C-suite.
4) Provide personalized demos and emails
CMOs can see right through cookie-cutter, scripted discovery calls. It’s essential to tailor your demo to their needs and answer their specific questions. An email in the middle of a hectic workday isn’t likely to be read, let alone opened. Time your emails for early morning or after hours. It’s more likely that you’ll capture their interest while they’re getting ready in the morning or catching up after work.
5) Be genuine and personal
Build a relationship with the person you’re reaching out to. As Nicole Smith put it, “When I say personalized I don’t mean something like, Oh, I saw you went to Georgia. Go Dawgs. Because I think those are the worst emails and delete.” Never underestimate the power of a sweet surprise. Here at Winmo, a prospecting company once sent an order of (branded) cupcakes to the office one afternoon. It was a huge hit with the entire organization.
Smith shared an example of a successful outreach email she received and why it worked:
He said something like, “I read your LinkedIn article where you talked about lessons you learned leading a start-up marketing team.” And then he references one of the lessons, which was Be Aware of Your Competitors but Don’t Obsess Over Them. And then proceeded to tell me in the email that in the spirit of honoring that lesson, one of our competitors is actually their customer and they’d help them succeed by doing X, Y, and Z. Honestly, that really piqued my interest. I will also say he sent me this email a little bit after-hours.
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