Suresh Sathyamurthy shares his insights into building high-impact partner ecosystems, ways to demonstrate value to your customers, and secrets to non-intrusive marketing.
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[MUSIC]
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Welcome to Demand Gen Visionaries.
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I'm Ian Faze on CEO of Casmin Studios.
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And today we are joined by a special guest, Sresh.
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How are you?
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I'm doing very well, Ian.
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Thanks for having me.
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Yeah, thanks so much for joining.
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Excited to chat about single store and all the cool stuff
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that you have going on there, and obviously
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get into your background.
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So how did you get started in Demand Gen the first place?
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I started my career right after my MBA.
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I got an internship at Microsoft in product management
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and marketing.
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And that's what got me started in marketing and demand
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gen to begin with.
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And I grew through the ranks in Microsoft.
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I worked in other companies, big companies and small,
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and have always been a fan of marketing
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and its impact on the business.
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And that's what got me here.
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And so flash forward to today.
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Tell us a little bit about your role at single store.
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I'm responsible for all marketing activities
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at single store as the chief marketing officer.
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In addition to the CEO more responsibilities,
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I'm also responsible for developer relations.
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We are an application platform product.
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We target developers.
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A developer relations is an important component of marketing.
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And I also work with our product teams
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on what we call PLG, product-led growth,
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on how do we use the product as an offer
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to drive and experience to acquire new customers?
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I love it.
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We're going to dive into all that stuff.
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Let's go to our first segment.
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The Trustery is where we can go and feel honest and trusted.
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And you can share those deepest, darkest marketing secrets.
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So what does single store do?
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A single store is a database for modern real-time applications.
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So these days when you build applications,
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you need information real-time.
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Think about Uber, for example.
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When you ask for a ride, you can't keep the app spinning.
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You need the car to arrive as soon as possible.
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At least give you the information in real-time.
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So Uber, for example, runs on single store.
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And anything that you do on share trading or stocks
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where happens real-time, that runs on single store.
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And most of the audience in this call
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is probably marketing executives and marketing leadership.
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Many of the martech dashboards and applications
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that they use, like heap, outreach, integrate,
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factors AI, phantom analytics, all of them
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run on single store.
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So we are a database for applications like those
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or what we call real-time applications.
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And who all the you sell to?
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What's your customer persona?
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So we have two.
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We have the users and the decision makers.
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The users are those who build applications
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or want data quickly that they can use to make decisions on.
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So these are usually developers, data architects, data engineers.
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The decision makers are the chief information officers.
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And these days, there is a new title, the chief data
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and analytics officers or chief data officers.
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They are an integral part of the decision process
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on the platform that you build for real-time analytics
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and use cases such as those.
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Yeah.
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And what does that buying committee look like?
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Are they actually involved in the decision-making process there?
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The journey starts with the person
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who is building the application.
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In the process of building an application,
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they decide what data stack they have to choose.
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And they start exploring those data stacks.
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And that's why we do have a product-led growth motion.
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We want to give the customers an experience
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to try the product to see if it fits their use cases and needs.
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So that's where the journey starts.
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But as soon as the developer and the development team
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make this decision on the data stack to go for,
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then it goes to the decision makers about them,
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the CIOs and CDAOs, the chief data and analytics officers.
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And that is the tribe that gets together
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to make a decision on what platform to choose
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for their application and watch data stack
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to choose for their application.
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And how is your marketing and sales
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are structured to go acquire those accounts?
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So the way I've structured my organization
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is I call it the Engine and Gas Model.
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With the evolution of electric cars,
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we probably need to find an analogy for it.
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But the Engine and Gas Model is actually very simple.
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The Gas is the set of information workers and people
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who build content, messaging, and value proposition
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that we want to take to market.
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And we want to take to this audience.
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So we have them structured by audience profiles.
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And these are the content marketers.
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These are the product marketers.
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These are those who build technical value,
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like TMEs, technical marketing engineers.
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The second piece is the engines,
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which is essentially the teams that take that message
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to market.
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These could be campaigns, programs, webinars,
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events and trade shows, social media marketing,
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all of the engines that take the message to market.
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So the way I've structured my team is really four buckets.
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In the Gas side, it is the product marketing
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and content marketing organizations.
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In the Engine sides is everything that we need to do
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to demand gen, which is campaigns, programs,
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social media, awareness, et cetera.
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I do have a marketing ops function
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as the third leg of this tool,
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which is going to help with data and analytics
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to inform those decisions of engine and gas.
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And of course, I have also have a communications organization
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on reaching media, as well as our influencers in the field,
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like analysts and press.
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- And then you said that your developer relations team,
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does that live sort of like outside of marketing,
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tangential to marketing?
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How does that work?
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- The way I've structured it now is I see developer relations
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and the advocates in our developer relations team
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as those who build content that adds value to developers
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that helps them through this decision process
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to try the product.
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So they sit within that gas arm of the team,
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the product marketing, content marketing,
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and developer relations are a part of that organization.
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I do believe that they could be
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a standalone organization as well,
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but as it stands today,
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based on the competencies that I have in the team,
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they fit very well with where they are today.
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- Yeah, that makes sense.
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And that's what we see a lot of times
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like if we're making a podcast
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and someone has that sort of either developer relations
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or a similar type of expertise field,
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a lot of times they'll sit close to content
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or community or whatever that piece is.
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And then you mentioned how demand sort of fits in there.
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What's your demand strategy?
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- So there are a couple of strategies for demand.
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The first of course, I told you where we have to start,
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which is during the buying cycle,
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the developer has to evaluate the product
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to decide what stack to choose on.
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So that's where the journey starts.
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So the first part of our demand gen
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is getting people to trial.
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The discovery and consideration of the product
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is targeting developers
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and getting them to trial.
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So we have free offers to get them to try the product
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and we have a team, and these are not salespeople,
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they don't carry a quota,
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a team that is dedicated to making sure
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that the developer is successful in the project
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that they are trying to do.
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And by getting them to adopt and use the product,
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we generate what we call PQLs or product qualified leads,
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just like MQLs, but by getting people
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through the experience of trying the product, right?
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That is where the journey starts.
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Now, of course, there are other decision makers
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and influencers in that tribe
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that has to choose the product beyond just the developer.
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So we provide them with information of value
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that can help them make the right decision
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and choose the right product for the data stack.
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And these are more content that is more thought leadership
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that gets them to explore new ways of thinking
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about modern applications and data stacks,
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as well as to give them enough information
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for them to consider a newer emerging technology
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like single store instead of a traditional legacy database
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product as well.
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And we believe that the combination of PQLs and MQLs,
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PQLs, product qualified leads,
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driving the user adoption and MQLs that provide enough value
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to the rest of the decision tribe
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is the right approach to drive demand.
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- As you're driving those PQLs,
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how much outbound stuff are you doing
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to drive those type of things
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versus using that energy to drive the MQLs?
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- I would say it's a combination of both.
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So developers don't like to get marketed to.
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And what I mean by that is they want to find information
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in the places, in the watering holes
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that they go to for information.
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So part of the way we achieve that
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is with our developer relations team.
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We want to make sure our developer relation team
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is building content of value to these developers
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and making them available in the watering holes
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that the developers go for information in.
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And once they get that information,
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they become an in-bird lead.
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They come to the website to explore the product
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to try the trial or read more or learn more about the product.
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And that becomes more of an in-bird lead.
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But in addition to that,
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we also want to have more of the speed media and outreach
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to acquire these developers who are users of other products
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today, are users of competitive products,
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users of substitutes to achieve the same goal
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and inform them about the value that we bring to the table.
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And that we take more of an paid approach.
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So it's a combination of paid an organic inbound and outbound
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that helps us get the right source of leads
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from a PQL perspective.
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- Anything else there on strategy
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or even some broader thoughts on marketing strategy?
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- There are a couple of things that I would add
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in addition to those.
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The first is there is also an ecosystem
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that is involved in the decision process.
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Data stack decision is not made in vacuum.
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It is what other technologies do they work with.
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For example, in the case of ingesting data
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that is streaming or real time,
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how the product works with Apache Spark,
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which is an open source tool for ingest,
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that becomes an important factor as well.
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So we also focus on what ecosystem of partners
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that we have to partner with
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to provide a more holistic value to the customer
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beyond just the value that the product delivers.
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So we do have an what we call an innovation lab
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based in Raleigh, North Carolina,
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where we work closely with ancillary partners
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and other technologies.
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And essentially our intent is developers and customers
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will come to us if we provide them
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with enough differentiated value.
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And by partnering with these other technology providers,
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we are able to give a more comprehensive value
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to the developers building application.
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So that is a strategy that we have invested in as well
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to add value and to acquire new customers.
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- I love it.
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Let's go to the playbook.
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This is where we open up the playbook
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and talk about the tactics that help you win.
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- You play to win the game.
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Hello, you play to win the game.
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You don't play it, it's just play it.
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- What three channels or tactics
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are your uncutable budget items?
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- So my uncutable budget items
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is all focused around discovery.
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Being a startup, we are relatively less known brand
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and our competitors are big ones like Oracle and Amazon
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and Google.
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They have a lot of brand awareness already behind them.
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So what we have to do is we have to make sure
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that we are in the right place
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and in the right time to be discoverable.
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So one of the activities that I would never cut out
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of my budget is paid media specifically targeting
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competitive keywords, paid search specifically targeting
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competitive keywords because that is the journey
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that is where our developers and users start their journey.
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They start looking for solutions that is out there
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and explore solutions that is out there.
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The second approach we take,
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the tactic of course is still paid media and search
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but the approach that we take is we also buy keywords
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for common problems that customers have
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with their databases that single store can help address.
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So by going after those problems,
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we find that developers usually go search for solutions
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to those problems and use those keywords.
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By using those keywords and having the right content
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to help address those problems,
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we get customers to come to our website,
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explore our product and treat it as a potential solution
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that could potentially be a lead for us as well.
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That is then part of our uncuttable budget,
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paid search and paid media.
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The second part that I believe is uncuttable
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is the developer relations aspect of it.
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Database as themselves are application platforms.
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So it's critical that the user is involved
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in the decision process of a database.
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And developers are the primary users of the,
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or decision makers here, the users and decision makers here.
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So by giving them value,
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the developer relations team's primary mandate
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is to provide value to the developers,
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the users of the product.
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I think that is uncuttable.
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I do think that marketing's role is to help add value
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to the customers.
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And by adding value to the customers,
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they come to us for solutions for it.
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And this approach that I saw embrace
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is just giving customers value that they find with the brand.
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So they come to the brand to address solutions for them.
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It helps us build our brand with the developers as well.
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- Yeah, I'm curious.
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You mentioned that developers don't like to be marketed to.
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It seems like they do click on Google Ads
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and stuff like that.
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So they're sort of like when they're in that moment,
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looking for different things, then that stuff is there.
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And developer relations kind of acting like a brand play almost
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to make sure that they know who you are
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and that you exist and that you're there to help.
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Is this something that like as a smaller organization
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or smaller company than your competitors relatively,
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there's some like hidden value there
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that you could be more personalized
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or you could invest in that,
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whereas you can't necessarily invest
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in like huge brand campaigns, for example,
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but you could invest more in sort of like building
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those relationships one to one almost.
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- Yeah, there are actually two things
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that more agile, fast growing smaller companies can do
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that I found that these large companies struggle with.
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And it is also the advantage of these fast growing
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scale ups and startups have over the big,
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more established players.
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The first thing that we can do,
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and I'll give you an example on how we are doing this as well.
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I talked to you about developers searching for problems
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that they run into when they are building their application.
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So most of the developers who are choosing a database
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start with an open source database like MySQL.
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And as their application grows, they run into errors.
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And there are usually one to three common errors
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like too many connections, the memory is full, et cetera.
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What we did is we targeted those specific errors
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and we had our developer relations team
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build content to help address those errors,
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to tell them how single store can be a solution
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to that problem.
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And we provided a rich set of information
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to those developers and we asked them for nothing,
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inter-term.
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It was helping them solve the problem.
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And of course, as a function of going and learning
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about how to solve the problem,
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they discovered that single store
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is a potential solution to the problem.
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They give it a try.
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Now, we didn't market all of the capabilities
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that single store could do.
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We only marketed that problem that single store
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could solve for them.
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And once they use us, they learn that it could solve
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many more problems that they had
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and they start using the product
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and they start displacing the computation.
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Now, this is something that you will find big companies
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don't do.
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They are more often than not focused on talking about
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all of the capabilities and functionalities
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that their product can deliver.
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They are not focused on solving a specific problem
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for a small customer.
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The second thing, which I think small agile companies
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like ours can do, is we can lean into more aggressive marketing.
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We can get more attention by cutting through the noise.
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Whereas in larger companies, there's a lot of red tape
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and bureaucracy behind what should be the brand associated
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with because they just don't have one product.
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They have a portfolio of different products
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and they have a brand that has its own value
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in the balance sheet that they're supposed to protect.
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This gives us a lot more attention and ability
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to cut through the noise.
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And single store has done that with its billboards
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that you see in 101 here in Silicon Valley.
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We take more of an aggressive marketing approach
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to get attention that people take photos
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and tweet and talk about as well,
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which many companies don't do.
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Their ads are very bland.
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- Yeah, and it seems like that those sort of things
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like understanding what the inside jokes are.
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And obviously you can do research and data and all that stuff,
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but it seems like the only way to really do that
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is to have people that are living it every day.
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You can't just throw a hat on a marketer
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and say like learn everything about developers
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and hope that they are gonna understand all that stuff.
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It seems like you have to pull a lot of that
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out of the communities.
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- That is true as well.
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And one of the biggest benefits of having your developer
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relations team aligned to your marketing organization
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is they tell you what the developers value.
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They tell you what they like and don't like
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about your messaging or content.
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And they give you input that makes your product marketing
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and other functions in your marketing organization
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better as well.
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And you're aligning and all the ships are sailing
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in the same direction towards adding value to the developer,
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which is exactly what we want to do.
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We believe that if we add value to the developers,
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they will come to us for solutions
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and they will give us a try.
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And we know based on our data that when customers come
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and try our product be more often than not when.
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Our focus is to add value to their process
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of building an application or helping them make the right
17:44
decision for their data stack, which also means
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there may be use cases or workflows where single store
17:50
is not the right fit for.
17:52
And we should be able to tell them that
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and tell them why they are better off with a better solution.
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And that honesty and transparency on where we work,
18:01
what works best for them also builds trust on your brand.
18:04
So the next time they have a real time app need,
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they come to you as a solution.
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- Yeah, it's interesting.
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We always talk about the product has to fit the marketing,
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like the culture of the company and all that stuff,
18:16
because if it's disjointed, the person kind of knows.
18:19
It seems like because of the way that you have
18:22
this PLG motion that you can have these people out there,
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the developer relations folks,
18:28
and just say like out there helping people and they're like,
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"Hey, by the way, you know, like we do this,
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"you can try it, it's free, like go check it out.
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"You know, if you like it, then that's great.
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"And if not, no worries, no harm done," sort of a thing.
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It seems like those two things go together
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that you get a little bit more just honesty
18:45
and transparency there.
18:47
Whereas if you were like,
18:48
"Hey, yeah, we're just here to help."
18:49
And then you have a bunch of gated stuff
18:51
and everything is sort of behind big paywalls
18:53
and it's super complex purchase and all that stuff.
18:56
Well, that's not really something
18:58
that I can just kind of sink my teeth into
19:00
and see if I like it.
19:02
- Exactly, exactly.
19:03
We think about it as a non-intrusive marketing
19:06
or value addition.
19:07
We don't want to be intrusive.
19:09
We want the customers to evaluate their product
19:11
in their own terms.
19:12
I'll give you some examples of how we have achieved this.
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You could go to our website today.
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There'll be a button on the top right that says, "Try me."
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You click on it.
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We are not going to ask you to fill a form.
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We are not going to ask you to give your full name,
19:25
your phone number, your address,
19:27
and your official email, et cetera.
19:29
You go, you use your single sign on,
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whatever you're used to using.
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Your email is all we need to get you started.
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That is one way of making sure
19:37
that we are focused on the experience for the customer.
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Now, if they do need help from you,
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we have a chat where there are engineers, not salespeople,
19:47
engineers waiting to help the developer build their application.
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So, the chat facility is, again, not focused on selling,
19:54
but help you be more successful in your project.
19:57
And we are also engineering and product teams
19:59
are working closely with marketing
20:01
to also improve the experience of using the product
20:04
in the customer's own terms.
20:05
So, it makes it easy for them to try it,
20:08
decide if it's the right choice for them,
20:10
and buying the product, again, in your own terms.
20:12
You want to use your credit card and buy directly
20:15
from the website.
20:15
You want to talk to a person that is available to you.
20:18
And philosophy of ours is,
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the customer should not feel like we are intruding
20:24
and they only do it in their own terms.
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And I do believe that adds tremendous value.
20:29
The experience itself creates perception of the brand.
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It also helps the customer make faster decisions.
20:37
That is really cool.
20:38
I didn't know that you all did that before the episode
20:40
I went through and did the try-free
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and all that sort of stuff, just to check out your stuff.
20:44
But I didn't realize that you could chat with engineers.
20:47
Obviously, we talk about chat a bunch on this
20:49
because our amazing sponsor, Qualified,
20:52
is the number one place for pipeline development
20:54
and conversational marketing.
20:55
So, we think about that a lot,
20:56
but I hadn't heard that use case of saying,
20:59
like, hey, actually, you can just chat with someone
21:02
who's going to help you solve your problems right away.
21:04
That's really cool.
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- Yeah, and we believe it's a fundamental tenant
21:07
of our brand as well.
21:08
We are here to add value, not to market to you.
21:11
Marketing is a term that we just use internally,
21:13
but we believe if we add value to our users,
21:16
the customers will come to you.
21:18
- Okay, what's your third uncuttable?
21:20
- The third one that I've seen
21:21
that has added tremendous value to us
21:23
is a focus on our strategic partners and ecosystems.
21:27
So, if you look at our last quarters announcements,
21:31
if you look at our press releases,
21:33
we announced a partnership with SAS,
21:35
which is the largest data analytics provider in the world.
21:39
They are the Gartner Magic Quadrant leader
21:41
for data analytics in the last eight years.
21:43
We have a very close partnership with IBM.
21:45
And with these, what we are working towards is
21:48
making sure that single store is providing value
21:52
to both the partners and our joint customers
21:55
through tight integration with data stacks, products,
21:58
and the ecosystems that cater to our customers' needs.
22:01
And from a marketing perspective,
22:03
the co-marketing, the experiential marketing
22:07
of engaging with CXOs is a critical aspect
22:10
of how we go to market as well.
22:12
So you will see us in many of the CXO marketing
22:16
and sponsorship activities, like we do golf sponsorships.
22:19
We are a part of large events and trade shows
22:22
where these customers and partners have a presence in.
22:26
And I do believe that the co-marketing
22:28
with these strategic partners,
22:30
this includes Amazon Web Services,
22:32
this includes IBM, this includes Dell, HP, as well as SAS,
22:36
is a critical component of our go-to market.
22:38
And marketing is very closely involved
22:40
in co-marketing with these partners as well.
22:42
- Any piece of advice on co-marketing,
22:45
we do it a bunch because we have a bunch of podcasts
22:47
that we do where you'll have a primary sponsor
22:50
and they'll bring in partners.
22:51
You know, it's such a tricky thing to like get right.
22:54
And when it is right, it feels so awesome.
22:55
But sometimes it relies obviously heavily
22:58
on having a good partner marketing org.
23:00
And those can be obvious, just like everything hit or miss.
23:03
So yeah, curious any piece of advice
23:05
on how to partner market and evaluate away.
23:07
- So I do believe that before we talk about marketing,
23:11
the most important thing is just like how I talked
23:14
about a marketing approach that adds value,
23:17
the best way to think about marketing with partners
23:20
is to think about how you're adding value to the partners
23:24
and the joint customers, right?
23:27
And that will prompt the right behavior in terms of working
23:30
with the right engineering folks,
23:32
the partner teams to build a solution
23:34
that solves for gaps in the partners products
23:38
and adds value to the end user and customer.
23:41
That actually makes it easier for the marketing organization
23:44
to then work with the marketing organization
23:46
of these partners as well,
23:48
because it is solving a problem that has been coming
23:51
in the way of their sales motion and sales cycle.
23:54
And I do think that is the first bridge to cross.
23:56
But once you do that, then making sure
23:58
that you have a close alignment
24:00
with the partner marketing organization of the partner team
24:03
becomes a critical component of how you go to market.
24:05
- I'm always surprised that more folks don't do this.
24:09
In my opinion, that one of the big,
24:11
where the rubber meets the road is just like
24:14
having both partner marketing orgs,
24:16
being able to align on that stuff.
24:19
But to me, it just ends up being like,
24:21
okay, we're gonna chuck X amount of dollars of partner marketing,
24:24
spin up a smaller team.
24:25
Now, they're not gonna be quite as resource.
24:27
We're not gonna expect as much.
24:28
And we don't really know how it's gonna drive ROI,
24:31
but hopefully it does.
24:32
Maybe it'll just be more a brand place.
24:34
And it seems like it's kind of a silly thing to do,
24:37
but I don't know if there's a better way to do it
24:40
other than that, because it seems like managing
24:43
all of those partners is such a massive job
24:45
from all the partner marketing folks
24:47
that I've worked with managing
24:48
the massive ecosystem of partners
24:50
is really more like a people management job
24:53
than it is a pure marketing kind of play.
24:55
- There are two approaches.
24:56
The first is choose fewer strategic partners.
25:00
If you are working with more than 10 partners,
25:02
you have too many partners in your hands.
25:04
And when I say strategic,
25:06
your product should truly add value
25:09
to the joint end customer
25:11
and fill a gap in the partner's needs.
25:14
Choose the few that you can dedicate your time
25:17
to go invest with and have the vision aligned.
25:21
For example, some of our most successful partners
25:24
are aligned on the vision
25:26
that the world is going real time.
25:28
And real time analytics is what most of the future apps
25:31
would be, because if they are aligned on it,
25:33
they are not just bidding on you for current revenue.
25:36
They are bidding on you for growing their business
25:39
in the future.
25:40
And you want to find the kind of partners
25:42
who believe in your vision,
25:44
who see where the puck is going
25:46
and want to partner with you today so they can grow with you.
25:49
And you can't have hundreds of partners in this cycle.
25:52
You have to focus on fewer bigger partners at scale.
25:55
So you can dedicate the time and energy with them.
25:57
And then over time, you're creating proof points
26:00
and value that other partners are going to look at and say,
26:03
I want to be a part of that story.
26:05
Seems like that is going very well
26:07
and it's helping create pipeline.
26:08
So create the energy and evidence that you need
26:11
for partners to want to be a part of your ecosystem.
26:15
If you're not an integration partner,
26:17
if you were a single store in Caspian,
26:19
we're like, hey, let's create a partnership
26:21
for a joint billboard campaign.
26:24
I don't know why we do that.
26:24
But in this case, we're both trying to reach developers.
26:27
And so we're going to create a billboard campaign together.
26:30
It's like, life is better with single store in Caspian.
26:32
And we're not monetarily integrated.
26:35
We're like, the money actually is someone biased.
26:37
Caspian, then it helps out single store advice versus.
26:40
If you're running more separate in that way,
26:43
is that something that people should be doing
26:45
and investing?
26:46
That's a broad question.
26:47
But how do you think about those type of roles?
26:50
So the way I think about it is what value
26:53
is the partner bringing to the table?
26:56
And what value you're bringing to the partner?
26:59
Be clear about those two aspects of things.
27:03
In the case of reseller and distributor partners,
27:07
more often than not, the value that bring to the table
27:09
is because they have sold other products to customers
27:12
over a period of time and have the relationships, accounts,
27:16
and connections.
27:17
And they know as a function of the footprint
27:19
that they have within those accounts,
27:20
what their needs are and who the people are.
27:23
For you, the value that you're bringing to a partner
27:26
is a piece of technology or innovation
27:28
that is going to help their customers be more successful.
27:32
And that in lies a partnership opportunity.
27:35
The ability for the partner to add more value
27:38
to their end customer.
27:39
And for you, the ability to take your product
27:42
and allow it to reach a larger audience
27:45
that you wouldn't have been able to do yourself
27:47
or it would have cost you much more to do yourself.
27:50
Simply because you have to generate the pipeline
27:52
and contacts and ads to reach those customers.
27:55
And now you have someone who has those contacts,
27:57
has the footprint and can allow you to reach.
28:00
So I do think that is the best approach
28:02
to even choose a partner by deciding what is the value
28:05
that each of you bring to the table
28:06
and how that one plus one is going to be equal to more than two.
28:09
So it's more than depth and simply like co-marketing
28:12
and doing something together like that.
28:14
- Exactly.
28:15
And the co-marketing becomes a lot easier
28:17
when you're aligned on that value addition as well.
28:20
Then you know what you want from each other
28:22
and you can decide how to best go to market with that value.
28:24
- What is something that you're not maybe investing
28:27
in the near-term future or something
28:29
that might be fading away a little bit?
28:30
- So one of the things that I've seen as actually
28:34
I don't know yet if that is adding value
28:38
is sponsorships in third party events and trade shows,
28:42
big conferences.
28:43
I think the pandemic has changed
28:46
who and how attend these conferences
28:49
and how we derive value out of it.
28:51
There is an awareness aspect of ads
28:54
and sponsorships of these big events.
28:57
But generally speaking, I struggle with seeing value
29:00
from sponsorships of events and trade shows
29:03
with some exceptions because we go after a developer audience,
29:06
we do see a lot of value in big events like AWS re-invent.
29:10
But we are increasingly seeing that we don't get
29:13
adsmixed traction from big data events as we used to.
29:18
Big data used to be big back in 2012, 2014 timeframe.
29:21
I think those are all fading.
29:23
So picking and choosing which events and trade shows
29:26
to be a part of is an important thing as well.
29:28
I wouldn't do a blanket sponsorship of a set of events
29:31
and trade shows that goes after our audience anymore.
29:33
I'd be very picky and choose carefully
29:36
about where to put my money in.
29:38
- Yeah, we've heard of a similar thing from folks
29:40
where they're like, hey, I'm gonna go really big
29:42
on obviously their own customer conference or whatever.
29:45
And then kind of, hey, we're not gonna do rest these.
29:48
I'm curious though, because you have
29:50
a strong developer relations team,
29:51
is that something where you send those folks
29:53
on the road to those type of events?
29:55
So that at least someone is there,
29:57
even if you don't have a sponsored presence
29:59
or is it just that it's too expensive for the ROI piece?
30:02
- So if you were to ask me this question a year back,
30:07
I would say I'm not sending anyone
30:08
and I wouldn't be paying a single penny
30:10
for these events in trade shows.
30:12
That's because we are just coming out of the pandemic.
30:15
All these events were either getting canceled
30:16
or not getting enough attention
30:18
and wasn't getting the foot traffic
30:21
that booths used to get.
30:22
It's changing a little bit this year.
30:24
I think there is no more willingness
30:25
to people to attend conferences and events.
30:28
And there is more traffic that we see in those,
30:30
but I completely agree with it.
30:32
It's focusing on your own events.
30:34
We recently did our own event revolutions 2022,
30:37
a supercharging real-time.
30:39
And we sponsor a few handful of big events,
30:42
either those that matter to our strategic partners
30:45
like IBM and SAS,
30:47
or those that matter to our developers,
30:50
like AWS re-invent.
30:52
And that is all we focus on.
30:54
And the day and age where we used to have
30:56
20, 30 event sponsorships,
30:58
I don't think it's coming back anytime soon.
31:00
I think the approach going forward
31:02
is going to be the one that you mentioned.
31:04
Your own user conferences combined with a few large conferences
31:09
where you want to get a higher sponsorship level
31:13
and get a lot of attention on.
31:15
- It's interesting though,
31:16
one of the things you didn't say there,
31:18
which is something that you already discussed earlier,
31:20
is you have a developer relations team
31:23
that is in those online communities,
31:25
like all day, every day.
31:27
But they're just not at events, right?
31:29
And I think that that to me,
31:31
is the thing that is the most important,
31:33
is if you can create original things yourselves
31:36
and then be in the community,
31:38
I don't wanna say 24/7, 'cause that's not realistic,
31:40
but be present in the community year-round,
31:43
that it's like dropping in at a few of the things
31:46
the utility there is that you get to actually meet
31:48
these people in person, in an event setting,
31:51
that's fun and educational and you can party
31:54
and do whatever it is that you want to do at an event.
31:56
Whereas you can be in these watering holes
31:59
for basically free or with investments
32:02
in your own content and all that sort of stuff,
32:04
where that sort of thing compounds.
32:06
That's to me where I think we get so obsessed
32:08
with quote unquote events, because of the sales thing
32:12
is like Chuck salespeople at it,
32:14
they get to have a bunch of conversations,
32:15
they get a bunch of leads, everybody feels good.
32:17
It's so much easier to be digitally aware all the time.
32:22
- You stole the words from my mouth.
32:23
That is exactly what our devial team focuses on today.
32:27
More digital outreach than anything else.
32:30
And we do have an SLA in our community,
32:32
the forums which you can also access from our website,
32:35
where we try to respond to any questions within a day,
32:38
within 24 hours, but our average has been three hours or less.
32:42
In some cases, the dev app grids are so passionate
32:45
about their work that they are actually there at 24/7,
32:48
whether we ask them to be there or not.
32:51
So, but that is exactly how it works.
32:53
How do you view your website?
32:55
- There are a couple of approaches that I take to my website.
32:57
The first thing is it has to help with the customer journey,
33:00
which is essentially is it if an audience
33:03
is coming into our website, do we offer them
33:06
the right learning materials?
33:08
Once they discover, come to our website,
33:10
do we offer them the right learning materials
33:12
to help them make a decision?
33:13
Do we give them the right path that they could choose
33:16
to go with?
33:17
Do they want to download a new book?
33:19
Do they want to go to trial?
33:20
Do they want to watch a webinar?
33:21
Do they want to download a white paper?
33:23
The reason we offer those is because different people
33:26
consume information differently.
33:28
There is no one website that would work
33:30
for every piece of audience.
33:32
We have to offer the different consumption choices.
33:34
And I personally learned this myself.
33:36
Me and my brother are completely different.
33:38
People, my brother is a voracious reader.
33:40
While I consume information more through visual media,
33:44
more through podcasts, more through webinars.
33:47
And I don't spend as much time reading a lot of content.
33:51
But I consume a lot of information,
33:52
maybe even more than he does.
33:54
But he approaches it very differently.
33:56
And that is exactly what each of us are.
33:58
We all consume information differently.
34:00
And the way I'm designing the website
34:02
is to offer the different consumption choices
34:05
that you prefer in your own terms
34:08
as you go through the journey.
34:10
So once you discover, then you learn,
34:12
and then trial, you've seen the trial experience
34:14
right on top of our page, giving them the opportunity
34:17
to try the product themselves
34:19
and the ability to buy the product.
34:21
What we also do is the last phase of the journey,
34:24
which is we want them to use the product.
34:27
And if they are happy with it,
34:28
become advocates of our product as well.
34:30
And so we do have forums in the website
34:32
and communities in the website,
34:33
not just for asking questions,
34:35
but the community helps each other as well.
34:38
That is how we've designed the website
34:39
for the entire customer journey from discover,
34:42
learn, try, buy and advocate.
34:43
And the second aspect of this is designing it
34:46
for the visual look and feel,
34:48
just the plessiveness of experience of it.
34:50
We have an in-house design team.
34:52
We want to make sure that the page doesn't have
34:55
so much content that it crowds the mind.
34:57
And we track where the users click
35:00
and how to make the design experience
35:02
so convenient for the user
35:04
that they have a pleasant experience
35:05
visiting the website as well.
35:07
Now, if you don't see a lot of content in certain pages,
35:09
it is by design as well.
35:10
And we also do constant testing to keep improving it.
35:14
And this is one of those things that requires
35:16
ongoing experience improvements.
35:17
It never comes to an end.
35:18
We test our website and web pages all the time
35:21
to see which creative works,
35:23
which message works, where are they clicking,
35:25
where should the button be?
35:26
The digital experience of it also matters in the website.
35:29
So it's both the content and the experience.
35:32
- Love it, great, great.
35:33
I couldn't agree more.
35:34
And I think that so much of the future
35:36
is gonna be geared towards having content
35:40
that is tailored to the way that people consume
35:43
rather than just what it is,
35:44
because I think that you're exactly right.
35:46
We all consume things slightly differently
35:48
and having more options there.
35:50
It allows you to target non-consumers
35:52
of the stuff that you've been creating.
35:54
Final segment here, let's get to our quick hits.
35:56
These are quick questions and quick answers.
35:58
Just like how quickly qualified helps companies
36:01
generate pipeline faster,
36:02
tapping your greatest asset, your website
36:04
to identify your most valuable visitors
36:06
and instantly start sales conversation.
36:08
It's quick and easy just like these questions.
36:10
Go to qualified.com to learn more,
36:11
Suresh, quick hits, are you ready?
36:14
- I'm ready.
36:15
- Do you have a hidden talent or skill
36:16
that's not on your resume?
36:18
- Tennis.
36:19
I do play tennis, it's not on my resume.
36:21
- Do you have a favorite book, podcast or TV show
36:24
that you've been checking out recently?
36:25
- My favorite book, which I also gifted my team recently,
36:30
is a book called Influence by Robert Cialbaldi.
36:33
And I think it's important for every market
36:35
I've ever read it to.
36:36
- Do you have a favorite non-marketing hobby
36:38
that maybe sort of indirectly makes you a better marketer?
36:41
- Yes, I've just taken to learning gold
36:44
and I do think the networking aspect of it
36:48
combined with learning from other people
36:50
is helping me be a better marketer.
36:52
- I love it, you're in the Bay Area,
36:53
we'll go golfing together sometime.
36:55
- Of course.
36:56
- I'm pretty bad, so.
36:58
- That would totally work for me,
37:00
I've been good company then.
37:01
- Perfect, if you weren't in marketing
37:04
or business at all, what do you think you'd be doing?
37:05
- I think I would be a product manager,
37:07
that's where I started my career in
37:09
and I gravitated towards marketing.
37:12
- What is your best piece of advice
37:13
for a first time CMO?
37:15
You've been doing this a couple times
37:17
and this whole CMO thing,
37:18
so what's your best advice for a first-timer?
37:21
- Hire the best marketing operations person
37:24
that you can find because you need a way
37:28
for data to show value of the marketing activities
37:31
that you're doing and it's important
37:34
that you be data driven in your approach to marketing.
37:37
- I love it, it's fresh, this has been awesome.
37:40
- Thank you, you made me think.
37:42
- That's awesome, I'd love to hear that.
37:43
For listeners go check out singlestore.com,
37:45
go through their stuff,
37:46
some really cool information content,
37:48
especially their developer stuff,
37:49
of course is great, singlestore.com.
37:52
Search any final thoughts, anything to plug?
37:54
- Yeah, one of the things that I want to plug in
37:56
is most of the listeners of the Spark cards
37:59
are either marketing leaders
38:00
or those interested in dimension and marketing.
38:03
Be aware that most of the Martik stack that you're using
38:07
have real-time needs and they are built on singlestore.
38:11
- So make sure when you buy new Martik stack,
38:14
ask for whether the product was built on singlestore
38:16
because in that case you can make sure
38:17
that you're getting your data real-time and not a day late.
38:20
- I love it, singlestore inside.
38:22
Make sure that it's on the box, the proverbial box.
38:26
It's fresh, thanks again, we really appreciate it
38:29
and we'll talk soon.
38:30
- Talk soon, thank you again.
38:32
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38:34
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38:37
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