Interview with Doug Bewsher
CEO at Leadspace
Video Transcript
hi this is Bob Samuels fan of tech
connector connector provides
efficiencies in actionable intelligence
for b2b légion marketers and their
agents we’ve partnered with serious
decisions to bring you wisdom from
leading account based marketing thought
leaders to that end I’m happy to
introduce you to Doug Buescher CEO of
lead space and intelligence CDP the
customer data platform that guy’s some
cool background successes at Salesforce
in Skype Doug it’s a pleasure to speak
with you how are you today I’m doing
very well thank you Bob how are you
doing very good it’s a it’s a pleasure
to speak with you we’ve run across each
other at some of these events along the
way I know you’re up the road in San
Francisco so it’s it’s it’s pleasure to
speak with you and I know you’ve got a
lot of a lot of great wisdom to share on
a VM for the people that don’t know you
very well could you give a little bit
the background about where you’ve been
and along the way and what you kind of
learned and what your basis of knowing
about the VPN world sure absolutely
so currently I’m the CEO of a company
called lead space so we’re a customer
data platform for b2b sales marketing
but my background has always been
actually as a practitioner so previous
to this I was actually the chief
marketing officer for Salesforce as we
were really starting to get into the
marketing cloud on the marketing space
through the acquisition of ExactTarget
and others and the transformation
happening there prior to that I was the
chief marketing officer for Skype big
b2c brand obviously and we sold it to
Microsoft and but at the same time what
people often don’t realize is also the
connection there to what we were doing
at b2b and how we were actually getting
enterprises and companies to start
adopting you know Skype is a tool within
the organization very much what people
used to call which I think it’s kind of
gone away but this concept of
consumerization of IT
that even before that I was actually
leading McKinsey’s CRM practice here in
San Francisco just in the back in the
days when everyone was like I wonder if
this email is a thing and everyone was
trying to figure out if you remember
those stories about multi-channel
there’s a single strategy channel
strategies and things and back in the
kombu so very much been on the
practitioner side but now excited to be
on the situation of actually building
the software in their customer data
platforms to help b2b marketers do their
job
so it’s wonderful that you have the
practitioner background and and now your
solution provider so and your background
with those companies Skype and and so of
course in particular Beijing they did
pretty well so on helping them be
successful and I’ve heard great things
about about late case as well so as far
as lead space goes with what where do
you play in the ABM world everybody’s
got different impressions of what ABM is
what what is ABM tu and and with were
they were displeased Facebook play in
that and what they’re offering
sure I mean it’s a great question
because I still think there’s a lot of
you know questioning in terms of what
the heck is this ABM thing right even
you know that account based marketing
management account based everything all
these kind of different descriptions and
the way I look at it is very much like
how you can look at CRM so CRM customer
relationship management is the one hand
both a strategy right everyone is about
building customer relationships with all
of their customers and you could argue
that the most important tool in customer
relationship management is a tool like
gain site right which is about managing
the relationship after you’ve built you
know a customer engagement and at the
same time there is this kind of generic
category which is actually Salesforce
automation mostly which Salesforce
pioneered which is often people also
call CRM so even in CRM
it’s confusion between a business
strategy and a tool right and I think we
see the same in ABN right there is most
of our customers and their companies
like Microsoft and Oracle and others are
doing ABM strategies right they are
basically trying to move from a what I
would call an inbound lead flow inbound
content marketing kind of stuff which
generates leads to much more of an
account based approach which is you know
understand your town and all that kind
of stuff now there are some tools
typically people might put into that you
know ad role which just got rebranded or
demand base or in a terminus which are
basically ad platforms the target at the
account level right and they have sort
of you know taken that word rate account
based marketing but they’re very very
different kinds of tools and then
there’s a load of other people coming
out so so I think it’s important for
people to distinguish between a business
strategy or marketing strategy and you
know one or two of these tools that
being said whether you’re doing CRM or
ABM behind all of that the starting
point is I think we know you know I mean
your experience as well creating the
right data foundation and the right
analytics that comes out of that whether
you’re doing an inbound marketing
strategy and ABM marketing strategy
prospecting or working with your sales
organization or anything if you don’t
actually as far as to and say if you
don’t have the right data foundation
then everything else you can do sucks
and so that’s what we’re doing is we’re
providing a customer data platform that
enables all of these different
strategies to do that much more
effective and and I believe you you you
have some excellent important data and
to you do you blend it with the first
quarter data to make have that
combination yeah so so I believe and I
think if you you know look at a lot of
the research out there at the moment if
you’re looking at customer data platform
and that’s true if you’re looking in the
BBC world but increasingly actually in
the b2b there’s a couple of things that
you really need to kind of get right
right so first is that first point it
has to be data agnostic and so you know
we work with over 70 different data sets
right but it’s integrating great account
level data companies like DMB and
others who are promoting technocratic so
a ton of different company level data
sets right integrating person level data
sets about contacts and people so
working with you know likes and zoom
info discover and many others to get
that company that contact data set and
then getting the right intent data sets
whether that’s onboard ooty proud or
many others there but you’ve got to be
agnostic to that and then bring that
together and then do really that
identity resolution to create a single
golden record if you want which is kind
of what everyone’s been doing and then
be able to activate that into all those
endpoints you need to activate that data
into let’s say an ABM engagement
platform to be able to activate that in
Salesforce and if your marketing
automation platform into your ads
whatever else and then you’ve got to
apply a I on top of all of that machine
learning which we can talk more about
how you do that in order not just to be
able to not just little rules-based
integration but really make sense of it
it but also then to be able to make good
recommendations so that your sales
marketing team can take better
activities and and so that that channel
agnostic data agnostic AI driven
customer they platform is I think where
the world is going and really what lead
space is focused on delivering for our
customers okay
well now you got me curious about AI and
machine learning are you a are you a
predictive analytics company can you
play in in that space with $0.06 and
lattice and so forth well you know five
years ago everyone was talking about
predictive analytics right and I think
that category is dead so I’ve always
said and if you know since I started in
this job you know coming out of
Salesforce predictive analytics is a
feature that enables a business
objective it’s not a company in another
cell so if you look at some of those
companies yeah you’ve got $0.06 know
them well but they’ve really pivoted
towards being much more of a you know a
being engagement right building ads
collecting some intended data figuring
out how to close that loop so they
really much more complete in the ad ABM
and world these days
latias absolutely like ourselves has
taken our ability to do this level of
machine learning predictive analytics
and so forth into sold
the data problem building customer
dating problems so we see ourselves very
much quit and then companies that didn’t
figure it out right minute ago they just
shut down because they didn’t really
have a business value proper wishing
radius just shut down because they
didn’t really have a value so I think
that the guys who didn’t really figure
out what the business use case was like
six seconds ourselves and ladders have
have ended up well not being still in
business
oh and ever with everything you know so
ever string another company in the space
I think is pivoted much more towards
being a small data provider and so using
again some of that predictive analytics
to figure out how do we get
understanding about you know small
companies and all this kind of stuff
which i think is a you know with a lot
of the larger data companies in the
market that we’ve talked about you know
the DMV’s and zoom discovers and other
data vendors that we all know right I
think there’s always been a bit of a
hole for you know how do I find
information on micro SM B’s and I think
that’s very much what I think ever
string has pivoted towards okay
interesting and so as far as AI goes
you’re again using using some sort of
data to identify what to do next or what
it wouldn’t say nature of the AI that
you’re a shorted so so AI is a wonderful
term so I I’m great I’m a great interest
in believer in this in terms of in some
ways what we’re doing is using machine
learning and things to automate the
process that you know a good salesperson
would do anywhere at some level we are
automating is what if you had a data
analyst in India or a good salesperson
they’d be doing anyway but let me give
you a specific example of that so you
know a lot of our customers are looking
for some pretty simple data so you know
for example they want to understand
what’s the revenue of the company in
order to be able to effectively route
that to the right sales team or to the
right engagement strategy or whatever
right and when they do that you know
often they get these massive data
disparities between you know one team is
using one data source and other changing
and other data store
of which there are many and often that
creates light how do you solve that
problem well what we can do and we’ve
done and news a I in a census we take
many different data sources we might
have four or five different sources for
company revenue plus we connect that to
other things like we know how many
employees the company has and where it
is and some other information that might
exist about it how much coverage it’s
getting and we then use a machine
learning model to be able to estimate
with the highest precision what is
actually the revenue of that company and
then we can provide that back as well as
some of the underlying data so what that
means now is you know that’s what a
person is trying to do triangulate all
these different data sources figure out
what does it mean and get a best
estimate so they can run their business
and we’re using much more sophisticated
AI and machine learning to do that so
that’s a very simple example of how you
need to go beyond just rules-based
integration in order to make sense of it
but then you can go all the way up to
the highest level right so we also go
the next you know up to the level of
saying that’s usual of that data to
recommend a specific product that you
should be selling to a specific company
if they come to your website or the
sales persons engagements so this is big
spectrum but coming from the CRM world I
think it’s important to do you know
really see results with simple use cases
and then leather wrap if you get more
sophisticated very good interesting and
and you just made me think so you with
all your different data sources
obviously there’s going to be
differences so it certainly makes things
more complicated to figure out which
one’s the right answer but I suspect
you’ve got that pen down and imagine
that it has to do a lot with
triangulating and figuring out where the
where the most of the good sources are
or saying that the answer is and going
with that yeah and that life definitely
gets to greetings agreed life would be
easy right if you know all these data
there was one right data source but I
think you know even if I look at what
data or comm is doing right
why did Salesforce move away and
deprecated datacom because at the end of
the day just supplying DMV and jigsaw
data and saying that’s right in a way
the more and more and more data is
available to people I don’t think it’s a
long-term strategy so this this this you
know we’re very much in the world you
wouldn’t work with a company like us
unless you believe that more data is
better right and therefore the question
doesn’t become what’s the one right data
set if you believe that going by D and B
or zoom and be done with it but if you
think there’s more information to be had
then you’ve got to figure out how do i
how do I create signal from all this
noise that exists them and that’s a fun
problem right wait till you hear if
you’re in essence aggregating a lot of
the different data sources then coming
up with the radio answer which is a lot
of work
absolutely and all of our customers
right and we we actually run a study on
this which I’m happy to share you know
if you look at of markets here today
Adam and Jen talk to how the problem is
and I lived as well they spend the
second biggest time sync that they have
is managing data right and they’re not
doing that because they like it they
really want to get back to you know
running great campaigns and coming up
with creative ideas but they’re just
dealing with this mess of data not only
because they’re buying four different
data sets and they make no sense and
they can’t figure out how to do the
resolution but on top of that they’ve
got different data in Marketo and
salesforce and you know their ad
platform there and these are all siloed
data sets right so in a sense what our
vision is and I think where a lot of we
get requests from our customers is take
that off my plate right this is you know
people have built data warehouses that
doesn’t solve the problem either because
they’re just delegated that problem to
IT which is often not useful they’re
like if I could buy a solution that
solves that problem so I can stop
spending 60 percent of my time or
whatever or managing data and I can
spend 10% on managing the data through a
single feed and now I can go and worry
about how do I write a fantastically
compelling value proposition in my you
know email or my aunt or whatever that I
think is my point just on people that’s
why we’re trying to really makes a lot
of sense so let’s talk about ABM
implementation so I suspect you’ve been
a part of avian solutions and when you
were an implementer
yeah do you have any examples to share
of some of the successes or some of the
learning opportunities you came across
and and maybe you know some other
successes that you came from from some
of your clients that you’ve been able to
help them yeah absolutely I mean so I
think that people see value from ABM on
on lots of different levels right and
the simplest place that people see value
is in terms of more efficiency in the
way that they operate so you know we
have a couple of case studies one with
from a dynamic signal which is one of
our customers but another one from brain
central where what they were trying to
do is is basically just reduce the
amount of time and the incorrect
allocation of leads within an
organization in order to be able to
better route and manage and get the
right data if you were that’s the sort
of basic data management and typically
we’re seeing clients save up to 65 hours
a quarter sales rep in terms of being
able to do that which when you think it
was about 10% and say having another 10%
of STRs for companies which have
hundreds of them is a massive win right
and so so that’s one thing at the other
end we have clients like ASAP right who
are actually building tens right so they
go out and they say I’ve got a new
product they might be trying to sell
concur right they own a fantastic
HR software platform and they already
know the whole world right I mean SOP if
you’re not an SI PS database somewhere
I’d be surprised right and so you know
then the question is how do I find the
right products to sell so what they do
there is they are taking all the intent
data which is it’s actually increasingly
powerful source whether it’s placebo
effect we could talk about that but
they’re taking that information pass the
information they have in their first
party data sets and building models to
say ok these are the right accounts my
total audience and these are the right
accounts to go after with this
particular product so they’re building
product centric account scoring models
to find highly targeted accounts then
they expand that with the right personas
that they know right so the right people
within those accounts in order to be
able to activate and go after
because they need you know the
decision-maker let’s say HR yes you need
the HR leader but you need the IT person
for HR and these things often titles
that tell you that you’re going to build
these personas segments and then on a
weekly basis they’re pushing that out
into their sales and marketing systems
there are sales workshop right primarily
they may move on to SOP boxing flour
very soon which is very cool but you
know they will really do that in sales
at the moment in order to drive highly
targeted activities and actually enable
their sales teams and they’re they’re
seeing some great results and you know
they’re publishing some results on this
at the moment but they’re seeing some
really really strong uplifts in terms of
conversion on those leads so I think
different ways that people can actually
implement ABM and they’re all pretty
successful in terms of actually seeing
results beautiful and yeah let’s let’s
include some links to some of these case
studies when when we publish this
absolutely exploded yes wonderful so one
of the things that I hear is a challenge
as far as implementation people don’t
necessarily put in enough time upfront
on the planning stages of implementing
avians they think they can go out and
buy some quote-unquote ABM software and
there’s their answer and then also about
coordination with between sales and
marketing where some of your experience
is around around those and again some of
the successes and some of the pitfalls
to watch out for yeah absolutely would
look you know I’ve been a marketeer
right and sometimes you have a habit of
shiny object syndrome right especially
in any role and a function that tends to
be the highest turnover function so you
know often it’s like oh my god I’ve got
to find some dramatic solution that’s
going to solve all my problems right and
people have deployed this all through
time you know and and a doesn’t as you
say tend to work right you actually have
to do the hard work and have a strategy
put it in place all this kind of stuff
so you know within that context what we
you see is if people just do deploy an
ATM platform like a demand base what you
then rapidly create yes is targeted
account there
retargeting useful activity yes and
should you use a tool like the bomb base
or ask for somebody else to do it
absolutely but it doesn’t substitute
from a true AVM strategy that actually
starts from as we all said the data
first because all ABN does is other
crates otherwise creates just another
silo of data that you’ve got to compare
that with what you’re doing in
Salesforce we’re doing a market out and
these silos are what causes half
problems so I think everyone needs to
start from a much more holistic strategy
if I’m going after an account what is
the right way for us to engage it across
all my channels right and then how do I
build into that process the right data
then the right activation in order to be
able to do it in a coordinated way so
this level of data that orchestration
then execution I think it’s a very
important way to think through that at
the same time I am I do come from the
world where I remember my first job ever
was at Vodafone and somebody came in and
said hey you should take control of this
massive CRM migration where they’re
moving on to a new CRM platform Docs and
I knew at that point in time that that
was gonna be a three year journey right
and so you know and that is not a good
place to be because you’re not going to
see results for three years so as always
in the CRM or any marketing how do you
find that right balance between having a
strategy but at the same time executing
and seeing real results at the three to
six months and I think that’s a really
important balance for all marketers and
whatever technology they’re deploying is
to be able to go through a test and
learn and iterate process and at the
same time do that with their North Star
of where they want to go and and I see
that with large companies getting there
I think one of the great things that you
know we can do and you can do and the
analysts are trying to do is is make
that a more standard roadmap because at
the moment there isn’t actually a
particularly good playbook for doing any
of this stuff
and I think that’s the maturity of the
industry that we are starting to see
actually over the last few years like
that thank you
so you mentioned earlier about you know
making sure you can read the different
personas is that is it and then it
there’s no system out there that can
help you with your messaging you may
there may be some systems to help
figuring out who the person is or the
key stakeholders are but knowing what to
talk to them about do you use your AI to
help figure out either this the grey
cloak or was the right messages what it
would are there but how do you how do
you know what their key pain points are
I guess yeah so so one of the wonderful
fallacies about ABN is that it’s all
about the account which of course is not
true it’s still people buy things not
companies right and so one of the
fallacies is that we see it knowing that
GE as an example is a good account for
you to go and sell to is a actually
pointless thing to know right unless you
know actually for example you know the
specific buying centers within that and
more importantly unless you know the
specific personas of people within those
buy incentives are going to help you
can’t implement an ABM strategy so a lot
of people thinking about ABM and think
that people don’t matter but in fact
people are more important than ever in
the idea of how do I build this strategy
right so yeah and so this this is where
Li to account matching and connecting
the dots and then figuring out the right
persona but what we also see then is as
you think about personas what does
everyone do today they they don’t
actually you know they take a whole
later you know keywords or something for
titles to try and figure out who are the
right personas but again we’re now if
you take the b2c analogy you can get
much more sophisticated in the way that
you can build out the personas so leave
space on the persona level we have about
200 personas that just add in a box so
if you want to find Adam and Jen
professional if you’re selling like we
do to commander and professionals you
know just looking for somebody who has
the VP of demand gem is useful but maybe
it’s the VP of Marketing but then you
need to look at their skills and
expertise to figure out what they have
skills around Marketo right well that
will indicate to me that they’re in the
persona of the man gem beyond just what
their title says so again this is
another machine learning AI driven
algorithm to put everyone just like it’s
being seen in Buddha see in
b2b context for specific personas to
give you one specific set of numbers in
this we work with Microsoft to allocate
their various people that are coming in
as inbound leads for them into specific
personas so that they can drop them into
targeted nurture programs targeted email
and other nurture programs they’ve seen
a 90 percent increase in engagement by
making sure that the messaging whatever
that messaging is fits the persona
because if I’m talking to the developer
versus a IT decision maker even though
they may look kind of similar in titles
and things boy the messaging and the
content that they want is very different
so while we’re not a Content platform we
work with great content platforms that
there’s Adobe or path factory or others
in order to figure out the content and
to be able to to create it your
understanding that persona is what’s
going to drive also much higher
conversion rates and so know this is the
magic that’s been in b2c and has been
enabled by these data platforms we’re
seeing I think and it’s super exciting
not just for us as marketers because we
get better results but boy as a customer
you know I get inundated as I’m sure you
to Bob messaging if we actually had
something that was more relevant and
wasn’t just based on really very
simplistic rules to what they send you
that will be helpful for me because I
actually want to know what are the right
tools even as a CEO that I should be
using in my company so I want targeted
messaging not just being spammed the
whole time all right right today and I
think that’s that’s a great key if the
message has to be relevant in any time
that would be ideal that to know
someone’s in marketers or certainly
thinking about things so so to figure
out the messaging I guess you can go out
and figure out signals of where people
are at and for the company and then
based on the the roles of the person
didn’t have an idea that you know what
their angle is if they’re you know
focused as the security aspects or
saving money or saving time or whatever
but just trying to trying to figure out
what their guess I guess what angle this
person what will be relevant for them
and how how to say it as a tricky thing
did you say there are some tools out
there you mentioned Adobe and there was
another company that can help with the
messaging yes another company I was
mentioning was past factory with which a
lot of our customers use there’s others
out there you know the kind the content
management kind of companies because you
know what I don’t believe I think we’re
a long way away you know in reality from
some machine telling you know saying at
this point in time this message to this
person in this way is going to be the
answer it’s it’s gonna move there right
and we see this you know in some of the
big scale b2c ad deployments which is
probably 10 years ahead of where b2b
marketing is but we’re a long way away
from that so you know I still believe
that as a marketeer you have to
understand your value proposition and
come up with really consistent messaging
to different personas but then the
ability to target that messaging to that
right persona that’s the magic right as
you say and at the right time right and
so yes you go out can you build your
three or four or five different personas
with their specific messaging you put
that into a tool like you know test and
target or content you know some other
content management system and that’s
what path actually can do as well and
then you use the data that comes out of
your customer data platform that’s
connecting data from your first party
like your Salesforce from your Marcato
in every on and all that third party
data to say okay this is the right
company and they’re in this industry and
whatever they’re exhibiting this kind of
intent right so they’re happened to be
looking for this kind of information or
whatever and these this is the specific
persona of the person you’re talking to
and you put that together in an
algorithmic way with route with the
machine learning model to say this right
bit of content fits with that person
right so it’s not we’re still not down
at the you know design an email on the
fly kind of concept maybe we’ll get
there someday but you’re starting to get
the right connection between
personalized content and the ability to
understand your audience and that’s I
think
everyone’s very trying to put together
and I think the more progressive market
is really starting to nail that they say
you know some of the customers we see I
mean HP’s doing an amazing job where
this is the moment right and so you know
I think that’s what everyone’s trying to
get to but it’s it’s a hard journey and
I wouldn’t try and sort of say tomorrow
we’re gonna get there because you better
start putting you know solve the simple
problems versus yeah but that I would
think that’s the Holy Grail as far as
just knowing knowing what to say how to
say it when to say it what what what
channels to say it with you know is it a
phone call is that an email is it a a
web messaging social you know just
figuring out you know not only the win
in that how and who but where I guess
right absolutely and so everyone is
trying to figure out the who when how
right you know Who am I trying to all
get you know target the company in the
persona level what is the right time you
know are they in market and we seeing
that kind of information from all the
various different behavioral and their
ten triggers that we have and then
what’s the right message to that person
that’s going to most engage with them
and that is both the choice of the
message and the channel right and you
know you’re now gonna get all three off
the bat so how do you start and I think
people start with the who right which is
and they start with building these
predictive models and TAM analysis and
all that kind of stuff at the account
and then they do the next thing same
thing at the persona level so they start
with that who the next thing they tend
to get on to sometimes it’s in the other
order is the when so they’re bringing
all this in tenth day there and intent
scores and so forth to say who’s
relevant and how and I think then the
final bit is the you know in what way
the right channel and the right
messaging so so I think people move for
it in that direction and so fit intent
and orchestration is another way of
looking at those three things but behind
all of that as we started this whole
conversation if you put crap data in all
of those recommendations are going to be
terrible right and so you know you’ve
got to recognize that the system in
terms of the engagement system is only a
kudos the data and intelligence you put
into it right and I think that’s you
know I think that’s where a lot of
people we see starting to solve the
problem yeah okay and then a couple
other questions so do you come up
against GDP are much is that does that
make things challenging for you at all
so it’s interesting GDP are is both a
challenge and an opportunity in our
space the biggest problem for GDP are
right now is actually on the intent data
sources so there’s a lot of work being
written around how much of the intent
data that people’re provides a bike is
non GDP our compliance so a lot of these
intent vendors are trying to sell you
know bid stream data or so forth and I
think that’s not GDP are compliant so so
I’d encourage everyone who’s listening
to make sure that you’re not buying
intent that’s not GDP are compliant the
the syndication ones that tech targets
and the the boom borås I think they’re a
really good job because they get opt-in
but some of these other vendors out
there aren’t getting opt-in and they’re
reselling as intent so intent is I think
the biggest issue for GDP are right now
and then you know because we are a
customer data platform we work with all
of our partners and really those
partners who are collecting the data are
really the ones that you know have to
make sure that their GDP are compliant
so so we work with all of them and I
think the system is working the flipside
is so that’s the risk and everyone’s
working through it you know we’re with a
lot of customers who are going through
that transition at the same time we also
see a lot of people are trying to figure
out how do they audit their data right
now right so for example they also want
to know okay so you know let’s let me
have a track on who this person is and
can we engage with them and the
information that we have and all this
kind of stuff so so there’s also a
really interesting emerging market
opportunity of everyone’s looking at
customer data platforms and otherwise to
be able to help them manage the the
auditing aspect of their GDP our
compliance because you know let’s be
honest as I say you know some of our
customers already know the universe
they’ve already had a conversation so so
in that situation they’re just trying to
make sure that
they keep that up to date and they’re
there making sure that they are in
compliance with all so so I haven’t seen
it have too much of an effect outside of
this intent question yet and I think
anyway the GTR regulations today and
mostly focused on the ad business and
the you know I think the place is going
to start is all that fact of where
people are tracking people’s behavior
without letting them know that fact and
then using that for targeting which is
you know massive industry on the BBC
sided it’s part of what we intent is
doing and you know I think that’s risky
for people yeah that’s good advice
so what is what’s your you’ve seen a lot
in these last several years and again
the topics they be in where do you think
things are heading what would we be
talking about when we talk about a be in
a year from well so first of all you
know if we go back ten years we were all
talking about prospecting right and hub
stock came out and invented effectively
content marketing and seven years ago we
all thought content marketing was the
solution right and then all the
marketing automation platforms came
along to deal with all these leads that
were coming in through content and they
built a business around that and then
everyone started talking about ABM right
which is you could argue just came from
the fact that all these marketing
automation platforms had no account
object to them right and so everyone’s
talking about our can based marketing
now right and I bet you in five years
we’ll all be talking about something
else okay so I don’t think think e/m is
like a oh my goddess you know the world
is different there’s gonna be the next
marketing strategy that comes along for
sure right so I think it’s important you
know no marketeer that’s worth their
salt is not doing prospecting and
inbound slash content marketing and ABM
it’s not an either/or it’s all of the
above all right and they’ve got to be
consistent and they’ve got to work
together I think the next area that we
will start to see a lot more engagement
here is on the advertising side of the
house which I think it’s still
relatively nascent rate in terms of how
do we actually take the kinds of
segments and the kinds of understanding
and deploy that through
and into better advertising kind of
approaches and you know what we can see
today and just just to give you a very
simple example of this it used to be
that match rates one of the things that
we do for our audiences as we build
these these these audiences and these
specific segments of people so that you
can run that in a marketing campaign or
in a sales campaign but you can also
deploy that into your ad platforms but
it used to be that the match rate on
that might be 25 percent that is
recently skyrocketed and now you can
find maybe 60 percent of that audience
right on social or elsewhere right and
that really means that now I can
outreach with a proper engagement
strategy through advertising and so
forth as well so we’re starting to see
the match rates and the ability to
identify and connect with audiences
across many different medium go up a lot
right and that means I think we’re going
to see a lot more value in traction and
with some and see some of our customers
get great results not by targeting GE
because that’s a pointless exercise but
by targeting the right audience within
GE within the right buying Center for
the products and services so that they
can get the information that they need
that’s going to require a lot of work a
lot of attribution work a lot of
measurement work there’s lots of stuff
that needs to make that success and then
finally I think the thing that the third
fifth thing you’re going to see is a lot
more change in orchestration what we’re
talking about in orchestration is a very
nascent business right but this question
that I if I put in you know I think
everyone’s going to have a customer data
platform that connects the data sets I
think in five years if you don’t have a
customer data platform that connects to
your CRM and to your marketing
automation you’re being at a major
disadvantage and then stuff people will
start working on how do I build these
recommendations and how do I orchestrate
across a multi-channel and this is where
you see Salesforce putting a lot of
effort with things like ExactTarget
where you see Adobe going down the same
route with I can’t they call it
orchestration manager which they just
launched in the last month right I think
you’re seeing a lot of work on this on
the b2c side and I think you’re going to
see the same coming on the b2b so I
think that’s where the next thing it’s
not like
ABM strategy it’s going to be
orchestration across many channels and
connecting the dots between your account
centric or the top-down content and lead
centric and then also prospecting a
maybe and then your advertising channels
say that I can get my customers to have
a much more consistent as our 360 view
and actually a real holistic engagement
with me as a customer so it’s exciting
times but molarity yeah and you
mentioned b2c and this reminds me how
far ahead b2c and b2b a lot of the
things we’re doing b2b would be if he
did a long time ago so I feel you have
that beauty background to draw from for
for sure
right I mean in many ways beater sees
much easier right you have a ecommerce
platform it’s you know we did that we
learned a lot of this stuff but at the
same time b2b is a much more
sophisticated set of channels right and
if your test slow trying to sell cars
what you know it’s called the considered
b2c purchase right that starts to look a
lot more by like do to be so you know I
don’t think it’s like b2b as the poor
citizen and you can see it’s b2c in many
ways has had an easier problem to solve
because it’s an ad ecommerce closed-loop
learning cycle problem a lot of the time
and actually being a see me to start
adopting a lot more of a b2b kinds of
engagement strategies right if you want
to do evangelism marketing or if you
want to run events to get people to come
and you know and so you know I think
these are some of the things that we
will start to see the to actually
sharing more stuff but you’re right in
the pure scale you know advertising kind
of centric thing we this is at least
five years ahead and also from the data
perspective yeah and like I said b2b is
more complicated there’s not as many
stakeholders and b2c
not as many types going not as
complicated a process absolutely
different for sure wonderful this is
good stuff back any other words of
wisdom before I let you go
yeah no I mean it’s you know final thing
I’ll say on this is you know I follow
that Gartner hype cycle a lot so if you
look at that stuff I was definitely
coming off you know the what they call
the peak of inflated expectations to the
plateau of productivity right and I
think you know my encouragement to
everyone is you know there’s a lot of
understanding this market is hard
sometimes because there is so much
innovation figuring out who’s doing what
but we’re coming out of the everyone
saying a lot of stuff and I think we’re
starting to see more and more customers
really see meaningful adoption of IBM
and CDP right and I think these are two
very distinct things that most b2b sales
and marketing teams need to start
thinking about do I have an ATM
engagement platform right you know Adam
on base or and had careful and do I have
a customer data platform that connects
the dots and breaks the silos because I
think that those will become two really
important pillars along with marketing
automation and CRM so we will see it as
a part of every single marketing stack
if we go forward to this so sometimes
experiments that also looked a real
results from real customer
fun time it’s a pleasure I look forward
to seeing you next month we’ll come up
and visit with you thank you again for
your for sharing your wisdom it’s been
awesome right
thanks Lou tunnel