Palmer Houchins shares his insights into why your brand is your organizational glue, the consumerization of B2B marketing, and how transparency gains consumer trust.
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(upbeat music)
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- Welcome to "Demand Gen Visionaries."
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I'm Ian Faizan, CEO of Cast Mein Studios.
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And today I am joined by a special guest, Palmer.
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How are you?
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- I'm doing great, thanks for having me.
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- Thanks so much for joining.
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Really excited to have you on the show.
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We had Amanda, the CMO of G2 on a previous episode.
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And we wanted more G2 action coming back at us.
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And who better than you to talk about brand,
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how it relates to demand and marketing
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and some cool stuff that you all have done
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and are continuing to do at G2 on the state
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of enterprise buying, which is super important
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to all marketers.
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So let's get into it.
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What was your first job in marketing?
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- Oh, my first job in marketing,
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if we wanna call it a full-time job,
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was right after college.
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I joined a ill-fated music technology startup
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where all of us got laid off after a year.
1:03
But that was a good lesson in marketing
1:06
and something that I tell folks,
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it's great to have happen at age 23
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versus 33 or 43.
1:13
But before that, I had kind of dabbled
1:16
in digital marketing through music promotion.
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I kind of did some independent concert work in college.
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And that was kind of my first foray into marketing.
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And really just kind of gravitated.
1:28
This was kind of the early, early to middle part
1:31
of the 2000s gravitated towards the digital marketing side.
1:35
A lot of properties that we don't necessarily talk about
1:38
as much these days, like the My Spaces of the world,
1:40
but it was fun areas to sort of cut your teeth
1:43
and digital marketing back in the day.
1:46
- Indeed, cutting the teeth.
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And now tell us a little bit about your role at G2.
1:52
- Yeah, so I'm the vice president
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of brand marketing and communications.
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So I lead all of our brand marketing and communications
2:00
as well as all of our events marketing.
2:03
So anything from sort of our in-house creative team,
2:06
creating all sorts of marketing assets
2:09
down to a few front end devs,
2:12
as well as project managers, copywriters,
2:15
then on to the events marketing side.
2:17
We do a number of different events
2:19
from kind of like third party sponsorships,
2:21
conferences, that sort of thing.
2:22
But being that we're G2,
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we have a unique review booth program
2:28
where we actually go out to our customers events
2:30
and help them generate reviews on site.
2:32
And then the last portion there is just our PR
2:35
and social media.
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So everything from kind of broader corporate communications
2:40
to how we activate on social media.
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I've got a small but mighty team that helps run that.
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- Let's get to our first segment.
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The Trust Tree, this is where you can go
2:51
and feel honest and trusted in those deepest, darkest
2:54
marketing secrets.
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So give us a quick refresher.
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What does G2 do?
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- So G2 is the world's largest
3:05
and most trusted software marketplace.
3:08
So we essentially help connect software buyers,
3:11
which really can be just about anyone.
3:13
These days anyone who needs to buy a business software
3:17
can come to G2 and learn across our one point,
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I guess, 8 million reviews that we have across the site
3:24
to sort of better figure out what software
3:26
is gonna fit their needs.
3:28
So our origin story is sort of our founders
3:32
about 10 years ago, we're wondering,
3:34
hey, I can go on something like TripAdvisor
3:37
and find more information about $100 hotel room
3:40
than I can about $100,000 piece of software.
3:43
So sort of G2 was born out of that
3:46
as a better way for folks to get insights
3:48
and information on B2B software.
3:51
We've grown quite a bit since then.
3:53
And also in addition to the software buyer side,
3:56
we help software vendors, software sellers,
3:59
software companies connect with that audience
4:01
of software buyers, whether it's through a buyer intent,
4:04
offering or just helping them generate reviews
4:07
and get attention across our marketplace.
4:10
- Well, since we had Amanda on,
4:13
and now the cast means studios, G2 is up and running.
4:18
I mean, I talked about this on the previous episode with Amanda.
4:21
I mean, I love G2, I use it all the time.
4:24
It's crazy to think about a world without G2.
4:29
It's just crazy to think without having reviews,
4:31
without having this proof, it was just word of mouth.
4:36
It was just, hey, what do you use in?
4:39
And how did your implementation go?
4:42
And honestly, it's a little scary for marketers
4:44
'cause I think we had a little bit more control 10 years ago.
4:47
- I was gonna say, that's sort of where my head went
4:49
and not to put our sales brethren on the line,
4:51
but I think before G2, you had a lot of smoke and mirrors
4:53
from different software reps there.
4:56
And I like to think that we've helped bring a little bit more,
5:00
shine a little bit more visibility on folks,
5:03
especially earlier in the process,
5:05
when you're trying to figure out of,
5:06
hey, I need a marketing automation software.
5:09
What should I look at?
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- G2 is a way for folks to call through some peer reviews
5:15
and find maybe the two or three that they actually
5:17
wanna engage with the sales team on.
5:19
So it is a big shift and I think it was somewhat slow
5:24
to come to the B2B software landscape,
5:27
but I think it's proven to be very valuable,
5:31
especially as we, the way that we buy software
5:35
is evolving and changing.
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- Yeah, it is, it is changing.
5:39
And marketers, you have to adapt.
5:42
I mean, it's one of these things
5:43
we're thinking about this at Cashew recently
5:45
because we're trying to get our reviews up.
5:48
We have 40 plus customers.
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They have extremely nice things to say about us,
5:53
but are those things living on the internet
5:55
other than on our website, right?
5:57
And that's the thing that's tough.
5:59
When you think about marketing your product in any way
6:02
or creating demand in any way,
6:04
you want those customer stories out there.
6:06
It is your best marketing
6:09
and having those things live in one place like G2,
6:11
obviously is critical.
6:13
- I think it helps shine a light.
6:15
A lot of times folks would have,
6:17
those great customer stories buried in a sales deck.
6:19
That's like, you're well on your way
6:21
to purchasing something before you even see that.
6:24
And what we're helping do is like,
6:26
yeah, keep those there, have them there.
6:27
They're gonna solidify any of those deals
6:30
that you might have coming,
6:31
but let's get a little bit earlier in the process
6:34
and showcase those as folks are sort of
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maybe just not even in market for your software,
6:39
but just perusing or taking a look at a broader category.
6:43
Those customer stories and just frankly,
6:45
those, that customer voice can be something
6:48
that becomes really tangible for folks
6:51
as they're researching.
6:52
- Okay, obviously working in brand,
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you talked about events,
6:59
you talked about some of the higher level marketing initiatives
7:02
that you're doing.
7:03
How do you think about brand marketing
7:07
and getting G2 customers and prospects in the door?
7:12
- I think brand marketing is a little bit different
7:14
at every company 'cause it really is tied
7:18
to what your brand identity is
7:19
and sort of what the goals of your marketing
7:22
will be or is.
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Past companies brand can have a very design centric.
7:28
It's like, it's the look and feel.
7:30
It's sort of like how we come across.
7:31
And that's absolutely one part of brand.
7:34
But I think something that's interesting
7:36
that I really try to bring to life from the G2 side
7:40
is there's an element of, for lack of a better term,
7:45
thought leadership that goes into brand.
7:47
Like we want G2 to be this sort of kind of rock solid resource
7:52
for folks as they're trying to identify
7:56
not only buyers and sellers getting connected,
7:59
but what's happening in the broader software landscape
8:01
like what trends are there?
8:02
What should I be aware of?
8:04
What should I know that's changing?
8:05
And so a lot of my brand lens is sort of like,
8:07
well, how do we activate a lot of the experts
8:10
that we have in house or even some of the data
8:13
that we uniquely have and sort of bring that to life?
8:16
So that can be as small as a,
8:18
hey, we'd love to jump in and add some commentary
8:22
to this ad week article about buyer intent.
8:25
It could be as broad as a big first party piece
8:29
of research like the software buying behavior report
8:32
that you mentioned earlier.
8:34
And so all points in between really sort of start
8:37
to encapsulate what brand is and what it can mean.
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I think that the best brand marketers know sort of
8:46
the unique lane that they have to lean into
8:48
and they go with that.
8:50
I spent several years at Mailchimp before G2
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and Mailchimp was a company where we could lean into that,
8:58
bring some life, some energy,
9:01
some frankly, just like funness to the world
9:05
of B2B software and every company's a little bit different.
9:10
Doing brand at G2, it comes to life in a different way,
9:14
but just equally as effective, hopefully.
9:16
- Mailchimp, famous for the most famous podcast
9:20
out of all time, the ads that ran in cereal.
9:23
- Exactly, that's a lightning in a bottle moment.
9:26
You won't be able to happen twice and we certainly did not,
9:29
if you had asked us six months before that happened,
9:31
do we see this being the most viral podcast ad of all time?
9:35
Absolutely not.
9:36
It was a happy accident.
9:38
- Yeah, I talk about this like portfolio approach
9:42
to marketing, Beth Comstock, famously talked about
9:47
this idea of like the 10% that are kind of like
9:52
your moonshot marketing rate that you're like,
9:54
"I don't even know what's going on,
9:57
"I don't even know where they're spending it."
9:58
But if it leads to nothing, then it leads to nothing,
10:01
but if it leads to kind of like a moonshot, then it does.
10:04
And I think that there's so few teams
10:07
that place those type of moonshot bets.
10:10
And like that, those cereal ads were the perfect example
10:13
of a moonshot bet, right?
10:14
It's like, if this does good, our ads are gonna go really far.
10:18
If it explodes into being the most popular podcast
10:21
like ever at the time, then those ad paid
10:24
for the entire campaign and then the next 20 with that.
10:27
- Yeah, and I wish I could say that we saw it
10:29
as like a moonshot, but we were literally at the time.
10:32
I mean, this was what, 2014, so eight years ago,
10:35
we just saw podcasts is a very cost efficient way
10:39
to reach a large audience.
10:40
Podcast that we know today were not what they were like then.
10:43
And it's like, great, we can sort of build
10:45
that brand awareness pretty cost efficiently
10:47
'cause we were the small bootstrapped company
10:49
and we just happened to luck in
10:51
to a moonshot opportunity there.
10:54
But I mean, I think that there's a lesson in that
10:58
for all marketers really about thinking,
11:01
a, being scrappy and looking for opportunities
11:04
wherever they might present themselves.
11:06
And we were trying to do that very cost efficiently.
11:10
And I think that's something that a lot
11:11
of startup marketers can certainly sympathize with.
11:15
But it's an area for us where, as I sort of look
11:19
back on it, we wanted to make sure that our marketing
11:23
to go to Europe sort of portfolio terminology there
11:26
was holistic, that we were feeding the top of the funnel
11:29
and the bottom of the funnel because we were really
11:33
keen on driving brand awareness at the same time.
11:35
We had a very strong sort of approach to Google Ads
11:39
and we're really trying to capture that demand
11:40
as quickly as, inefficiently as we could.
11:44
And I think that's something that's important
11:46
for brand marketers to kind of keep in mind
11:48
is where's brand fitting into your overall sort of acquisition
11:52
or demand-gen strategy?
11:54
Yeah, it's really silly to like break up brands.
11:57
It's all cohesive, right?
11:59
Especially in B2B where it's like, you know,
12:01
the rise of AVM, all that sort of stuff.
12:03
I like to turn like the brand halo effect.
12:05
But this idea that by the time you know,
12:09
you are searching for the solution that you're like,
12:12
haven't I heard, you know, male chimp a bunch of times,
12:16
you know, like wasn't that on that part?
12:18
Like, it wasn't they saying all the funny stuff?
12:20
Like that's the sort of thing where you're like,
12:21
wherever it is that you're putting your information.
12:24
I assume that's why Coms is in your purview as well, right?
12:27
It's brand and events, which in a lot of companies
12:32
are a demand-gen function.
12:34
So it's interesting how interspersed brand
12:37
has kind of transformed into this.
12:39
Brand Coms, events, all of these like experiential things.
12:44
There's paid acquisition that goes in there too.
12:47
It's just, it's all interconnected.
12:49
- It's really interesting because I think a lot of folks
12:52
look, you know, rightly so as B2B sort of being
12:56
the inverse of B2C and certainly most any software
13:00
decision out there is not gonna be a Coke versus Pepsi
13:02
decision.
13:03
But to me that just makes what you're talking about,
13:06
that brand awareness and that familiarity and affinity
13:09
even more important because it's like maybe once a year
13:12
you're gonna have that decision about what email marketing
13:14
platform do we use or, you know, what's the marketing
13:17
automation software or CRM that we wanna onboard.
13:20
And so to me that just where you can afford it
13:24
and where you can actually activate it,
13:26
it just makes it that much more important to have that there.
13:29
It gives you such a leg up on your competitors
13:32
if you've got that built in already when someone's searching.
13:35
And so, you know, that comes to life in any number of ways,
13:39
whether it's events, whether it's podcasts,
13:40
whether it's just traditional comms and NPR.
13:43
But I think folks, you know, good brand marketers
13:47
are partnering with their demand gen colleagues
13:50
to figure out, well, what's our way in there?
13:52
What's our opportunity to kind of go build that out?
13:55
And it's, I do think as someone who sort of worked
13:59
in the B2B software space for 10 going on 11 years now,
14:03
it's been nice to see that evolve and sort of that
14:06
thinking crop in.
14:07
So where it used to just be, you know, plug, plug, plug away
14:11
some very boring B2B marketing or just everything gated,
14:14
everything, everything's a white paper.
14:17
And it's like, well, I don't know that we're necessarily
14:18
engaging or creating the sort of, the reach or familiarity
14:23
or even awareness and affinity that we could or should be doing.
14:27
- Yeah, I think it boils down to that we just don't make
14:29
enough stuff that people love.
14:31
I talk about remarkable marketing means you have to actually
14:35
like get the person to talk about it to someone else.
14:39
Like it has to spark a conversation and there's so little
14:42
marketing out there that we strive to create, you know,
14:47
a remarkable experience.
14:49
Like that's why events are always so good and they'll
14:51
forever be good is because you talk to people and you talk
14:55
about it and you meet people and there's, you know,
14:57
interconnection there.
14:59
And this is a good segue into the state of enterprise buying.
15:01
So you all, you'll publish this report last year.
15:04
You're working on next year.
15:06
So we're in between reports here.
15:07
But what is the state of enterprise buying?
15:09
Like how should marketers think about it?
15:11
What's changing from where you all sit?
15:14
- To put it in context, we published this last September
15:17
and had some great insights that we gleaned about a year ago.
15:20
We're about to field another one.
15:21
So it'll be very interesting to see if some of the trends
15:23
that we identified last year hold true this year.
15:27
The long story short is we are seeing the consumerization
15:31
of B2B is absolutely happening.
15:34
You're seeing the buying cycle get shorter and shorter
15:37
year over year.
15:38
You're also seeing this a reluctance for folks to engage
15:42
with sales teams until, you know, almost to the point
15:45
where like a decision has been made that we want to engage
15:48
or that we want to onboard this vendor.
15:50
It's like sales is just the folks that want to help me buy
15:53
or actually, you know, seal the deal versus we're seeing
15:56
folks turn to other resources, whether it be websites,
15:59
whether it be peer review sites like G2,
16:02
or even just broader offerings across their,
16:07
their peer set and elsewhere.
16:10
So I think it's a, it's a very interesting time
16:13
for B2B software.
16:15
I think we've always, we've long thought that the sort
16:17
of consumerization of B2B was happening.
16:19
And now I think there's some data to really back that up.
16:22
Another area that started to kind of bleed through
16:24
and some of the data that we saw is really the product
16:27
led growth mentality is you can see it taking hold on B2B.
16:31
You know, folks who really want to try it before they buy it,
16:34
they want to get in, actually use the product
16:38
before they commit to a two year long contract.
16:41
I suspect we'll see more.
16:42
I think, you know, what will be interesting.
16:45
Watch is, if coming out of what we saw through the pandemic,
16:49
was that accelerating some of these trends?
16:51
Are they going to continue on that same acceleration pattern
16:54
or do we see them slow down, you know,
16:57
alongside the slowdown that we're seeing
16:59
kind of the broader economy?
17:00
I don't know, but these are all sort of hypotheses
17:03
that we want to, we really want to bring to life
17:05
and see what our panel of about a thousand software buyers
17:10
will tell us this summer.
17:11
Yeah, I am super interested.
17:14
We got to bring you back after you all released those findings
17:17
because I do feel like it's changing a ton.
17:20
And I think that on the type of company that you are,
17:23
it changes a ton.
17:24
I think it was Ben Horitz who talked about,
17:27
he wrote a paper years ago about this idea of like,
17:30
what size group is purchasing the software that you're buying?
17:35
And like, if it's an HR software,
17:37
your whole company is purchasing the software, right?
17:39
Every single person is a stakeholder.
17:41
Whereas like, if it's, you know, developer tool,
17:43
it's like, it could be literally one developer
17:46
that wants to use that.
17:47
And I think that where you see this product-led growth piece
17:49
is like, and how people are selling and marketing this.
17:53
And this is obviously, you know, very core to ABM as well.
17:57
It's this idea that if you're on the smaller end,
18:01
if you're on the smaller team levels,
18:03
you can do PLG, you can do that stuff.
18:05
If you're on the bigger end and it's a massive company
18:08
transformation or these like huge product implementation,
18:11
there's no way to try it before you buy it.
18:13
You have to commit, then that decision and that process
18:17
and the executive briefing center and all that sort of stuff,
18:20
then maybe that is more of the route you go.
18:23
And I think that that is super fascinating
18:26
because that's not, you know, one person doing a little bit
18:29
of research that's, you know, 10 people in the room.
18:32
We ask this show, we say, who is your buying committee?
18:35
Because everything is a committee now unless it's PLG.
18:38
And then you go that direction.
18:39
Couldn't agree more with you there.
18:40
And we saw that in the data from last year's report.
18:44
I think what you're seeing with PLG and some of these,
18:47
you know, great example, like a developer tool, you know,
18:50
that ICP never, they never really wanted to talk
18:54
to a salesperson to begin with.
18:55
They wanted the tool, they wanted to support it
18:57
and go use it and sort of that land and expand mentality.
19:00
When you think about what's happening
19:03
in some like an enterprise HR software, again,
19:05
great, great example there.
19:06
A lot more kind of hands in the cookie jar there
19:10
and a lot more cooks in the kitchen to sort of mix metaphors.
19:13
But I think what was interesting and that what we saw is,
19:17
we saw the buying committees are getting bigger and bigger.
19:21
And that data, that was something we asked about
19:23
in the report.
19:23
They're getting bigger and bigger.
19:25
Yet the time to purchase is getting shorter and shorter.
19:28
Which is a really interesting sort of development there.
19:31
I think that would be a little bit counterintuitive,
19:33
but I think frankly, a lot of B2B SAS
19:36
has just improved what that buying experience is like.
19:40
Again, we're seeing folks kind of engage
19:42
at a later period with sales teams.
19:44
So it's like closer to when you want to kind of close
19:47
or solidify that deal.
19:48
And you need more stakeholders involved to figure out
19:51
whether or not this works.
19:52
And it's less like when can we get everyone
19:54
in the room together to talk about it
19:55
and more how do we keep that pushing things forward.
19:59
So it's interesting to see how that can sort of move
20:03
in that direction and we'll be really curious
20:05
to watch that trend as well.
20:07
I love that.
20:08
And I think it's so interesting because what we've seen
20:11
at CASBian, and we're working predominantly
20:14
with enterprise companies and B2B marketing teams,
20:17
Parkinson's video series, stuff like that.
20:18
It's a really important piece of your marketing channel.
20:21
And it's so high touch because the customers
20:23
and all this stuff and many of the shows
20:25
have CEOs host them, the CEO of the company.
20:28
So it's obviously a very high level of ownership.
20:30
But what is super interesting that we've seen is
20:34
from a committee perspective, like the CMO,
20:37
whatever VPICOMs, maybe the CEO, the host,
20:42
whoever's the show, you get these people
20:44
kind of floating in and out of meetings now.
20:46
And it's like, oh, I'm in my car and I'm doing whatever.
20:49
So it's like the big formal meeting
20:52
where everybody's in the room and we're sitting
20:54
at a giant long table, that sort of stuff feels really gone.
20:59
And it's just like, and again, CEOs popping in like,
21:03
hey, sorry, I'm five minutes late.
21:04
Like I just wanted to listen in, I'm driving to work.
21:06
And you're like, what?
21:08
Like, this is the CEO of a $5 billion company
21:11
that just wants to pop in on this meeting for a few minutes.
21:15
The pitch that you gave, all that stuff,
21:17
all that information is no longer
21:19
all the marketing work that you got to that point,
21:21
all of that stuff is just, okay,
21:23
now you have seven minutes when someone's in their car.
21:26
>> Right, I think back to pre-pandemic days,
21:29
they feel like they were a very different paradigm.
21:32
And to your point exactly of where so much
21:34
of getting a campaign launch was like playing schedule
21:37
jingo with a bunch of executives.
21:39
It's like I know that we'll get in front of the CMO,
21:41
I probably need to brief our CEO,
21:43
can I get the VP of product marketing on board?
21:46
And it's just so refreshing to say,
21:48
hey, we're going to connect on this.
21:50
We'll record the meeting and share it out afterwards
21:52
if you need to sync on anything.
21:54
And just these little things that I think help us
21:57
get out of some of the bureaucratic necessities
22:01
that were there.
22:02
So it's interesting to see that play out
22:04
with outside of the marketing world
22:06
within very cross-functional buying committees as well too.
22:10
>> Well, I think the other piece there
22:12
is a very G2-centric, peer-review-centric thing,
22:16
which is the sales time is shortening
22:19
is because all you need to do is show a slide that says,
22:24
here's the people who bought this who are kind of like you,
22:28
here's a screenshot of G2 of how they look,
22:31
kind of like that with peer reviews now, right?
22:33
It's like, this company is a 4.7 on G2.
22:36
Like let's just pull the trigger, right?
22:38
>> We've been able to shine a light in that area
22:39
or just the collective sort of peer review side.
22:41
I think there's still a role for analysts
22:43
and those companies to play as well.
22:46
But you've got peer review sites,
22:48
you've got this idea of sort of like dark social
22:50
where you can kind of be connected to anyone at any time.
22:53
You're probably like me, I'm in multiple Slack,
22:56
Facebook groups where we talk about different marketing things.
22:59
And those are just like great resources of peers
23:02
that I can get feedback within 24 hours in 24/7 versus,
23:06
well, I'm gonna wait and see if the magic quadrants
23:08
updated this quarter and maybe get information for that
23:11
or wait for this agency that I hired to vet some things
23:15
to see what their report said.
23:16
I think we've just got a lot more at our fingertips
23:19
than we really appreciate.
23:21
I think it helps with sort of breadth and depth
23:23
as well as sort of speed to purchase.
23:25
>> Yeah, that is so true.
23:27
Any prediction, any insights that are coming up
23:29
that you think, I know obviously you haven't finished
23:32
the survey yet, but anything that you think
23:33
is coming on the horizon.
23:35
>> I will be interested to see the things that we've talked
23:38
about with buying committee speed to purchase.
23:40
I'm also interested in, we haven't really talked about
23:43
how those different traits are break down
23:47
in the SMB segment versus sort of the enterprise segment
23:51
to see what does that really look different.
23:53
And frankly, those were some of my biggest takeaways
23:57
from last year's report is that startup is moving
24:00
really quickly and they can get stuff done.
24:02
There are 50 person shop, again, they should do that.
24:04
But then you compare that to some feedback
24:06
from software buyers at a 5,000 person enterprise
24:09
and they're still moving.
24:11
We're seeing their time to purchase condensed
24:13
and also them move faster.
24:14
It's the future that we're headed into is pretty definite
24:17
because enterprise is always gonna be the laggard there.
24:20
And when they're moving just as quick,
24:22
I think that'll be interesting to watch as well.
24:24
>> When you're asking these folks for time to close,
24:27
is it like when they sign the docs or is it pay?
24:31
Because I know that every single big company
24:34
that we work with just throws up their hands
24:36
and they're like, yeah, procurement's just like a nightmare.
24:39
So I don't know when you're gonna get through that,
24:41
but don't worry, we'll figure it out.
24:43
'Cause I think if it's when they close the contract,
24:45
I think that that's also getting way faster.
24:48
But in terms of going through procurement,
24:51
I think we're still spinning our wheels
24:53
probably a little bit.
24:54
>> I don't know that we have that exact data,
24:56
but I think you're right and that most folks are assessing it.
24:58
Hey, when do we sign on the dotted line and say this is fun
25:01
versus when are all the Xs and O's in place
25:04
and taking care of there?
25:06
So we'll see it to be interesting to watch that,
25:10
but I think what you're talking about is still an area
25:14
that a lot of folks are keen to see move
25:16
a little bit more efficiently.
25:17
>> Yeah, final point on this,
25:19
and you brought it up,
25:20
analysts peer reviews and then in the DMs,
25:24
that I think that there's this sourcing that is happening
25:29
in the DMs.
25:30
Hey, who did you all use for this?
25:32
What's your HR software?
25:33
How do you like it?
25:35
Then there's also the sourcing on the peer sites,
25:39
like, hey, just choose the top rated, right?
25:41
Hey, let's look at the magic quadrant,
25:43
like who are we looking at?
25:45
And I think that now the triangulation of all these things
25:48
is coming into focus.
25:52
And like I said, it's just the slides on the side deck, right?
25:54
It's like, bang, here's how we stack up with our peers on G2.
25:58
Here's how we look on the magic quadrant.
26:00
Let's get into like features and benefits.
26:02
Is this really solving?
26:03
Like what we actually need?
26:05
And I think that that to me seems like the biggest catalyst
26:09
to shorten sales cycles is like the discovery work
26:12
that you have to do now is less than its ever has been
26:16
because that information is just way easier to get.
26:20
I think it's the time that it takes is shortened
26:24
and it truly is very much kind of at our fingertips.
26:29
And I even think back to five, six years ago
26:31
before you had a lot of the social resources,
26:35
the Slack groups, the Facebook groups, whatever.
26:38
And by no means mean this as a knock on SEO, which I love,
26:43
but it's like you're doing this,
26:45
just search through Google to try and figure out
26:47
to separate kind of the wheat from the chaff there
26:50
of like what is actually legitimate
26:52
that I should be trusting versus what is this?
26:54
And you end up on these SEO juice sites
26:57
that have like no authority versus ones
26:59
that are very trusted.
27:01
And I think that that was something
27:03
that honestly came through a lot
27:05
in the feedback that we got from the survey last year
27:07
is that like, yeah, I'm gonna check a company's website.
27:10
I'm gonna check their social presence,
27:12
but I don't give it the same level of trust
27:15
that I would give to other sites.
27:17
- 100% of course.
27:19
And like that's what I mean about the features
27:22
and benefits thing is like,
27:24
I think what's more important there is is your website.
27:29
And here we talk a lot about websites on this show
27:31
'cause we have an amazing sponsor qualified
27:34
who helps us create this podcast.
27:36
The website is about your experience
27:40
of how you can learn about the company and buy.
27:43
And if the website is good and clean
27:45
and you have an experience and you have, you know,
27:47
chat functionality using qualified or something like that.
27:50
And you can talk to a sales rep as soon as you're ready to buy.
27:53
That experience makes you feel good
27:56
of how the product will feel once you buy it.
27:58
And it's the house for all your content, right?
28:00
So it's like, how do you position your content?
28:03
How do you have it for personas?
28:05
Do you have it for use cases?
28:06
Do you have a resource hub that makes sense?
28:09
Do you have all the SEO,
28:11
juice content that you've been like?
28:13
That's what I think is so important in the process now.
28:17
Whereas just like, hey, I'm just gonna like
28:19
look on a bunch of competitors websites and compare it all.
28:22
Okay, let's get to our next segment, the playbook.
28:24
This is where you open up that playbook
28:26
and talk about the tactics that help you win.
28:28
- You play to win the game.
28:34
Hello, you play to win the game.
28:38
You don't play, it just play it.
28:40
- What are your three channels or tactics
28:44
that are your uncuttable budget items?
28:47
- This is gonna be very much informed
28:49
by where I like to put my focus and my team's focus.
28:54
I would say one area right now
28:56
that's gonna be a little bit counterintuitive
28:58
that I would absolutely fight tooth and nail
29:01
to keep there is in person events.
29:03
Just we've seen so few of those in the past two years
29:08
that every opportunity that we have to connect in person
29:13
with customers and prospects is very valuable.
29:16
In person events are certainly not as cost efficient
29:19
as virtual ones, but I think that they've got
29:21
a very tangible value there.
29:24
So that's my number one.
29:26
My number two is going to be a broader comms or PR budget.
29:32
It doesn't mean that you're going out
29:34
and having necessarily to hire an agency to do PR.
29:36
It may bring that to life,
29:37
but it's that there's some focus on
29:39
what's your corporate message,
29:40
how are you going to market with that?
29:42
How are you staying relevant?
29:44
And that can take shape in a number of different ways
29:47
depending on what the company is.
29:50
And then I think the last one for me,
29:54
and this could come to life in sort of organic or paid,
30:00
but I think social is an area where we're just,
30:04
depending on what your go-to-market strategy is
30:08
and who you're trying to reach,
30:10
that there's still even in this day and age
30:13
a lot of value on social.
30:14
So for us, that comes to life.
30:16
And LinkedIn is just a great channel
30:18
and somewhere that we can reach.
30:22
Are customers and prospects efficiently and at scale?
30:28
That's what we see.
30:29
I mean, we see LinkedIn is amassively.
30:31
I mean, these type of series that you're getting,
30:35
video content specifically on LinkedIn
30:39
performs like 10 times more,
30:41
better results, posting videos on LinkedIn.
30:45
That's better good.
30:46
I should specify that are produced high quality video,
30:50
not like garbage.
30:52
- And that's what we've seen.
30:53
I think especially when you're in sort of that
30:55
B2B marketing, B2B software side,
30:57
just a lot of folks are there.
30:58
They're in that mindset.
31:00
They're ready to engage.
31:01
And that's just not true for,
31:03
if you're talking video, going to YouTube,
31:05
it's not, I'm not saying there's not value there.
31:07
There's obviously a huge scale,
31:08
but it's harder to reach folks in that same mindset.
31:11
- So I am curious, how much do you think about G2's brand
31:16
as it relates to the consumer side
31:22
versus G2's brand as it relates to your product?
31:27
- I think it's a trap that marketplaces
31:30
can fall into very easily of saying,
31:32
hey, our real revenue drivers are the software vendors
31:36
of the world that are there.
31:38
And so they're the ones who write us the,
31:41
they sign the annual contracts
31:42
and we need to go make sure they're happy.
31:44
But it's very much sort of a virtuous cycle there.
31:49
Those folks are going to lose interest, not see value.
31:55
If we can't keep growing the other side of the marketplace,
31:58
so helping bring those software buyers in.
32:01
And so reaching into new pockets of software buyers,
32:05
new software across new GOs
32:08
and at different sizes and scale,
32:11
that's really important to us.
32:12
We've, on the marketing side here at G2,
32:15
we have a user lifecycle team that sits alongside it.
32:18
So we're doing not only demand gen outreach
32:20
towards the software sellers that I mentioned,
32:23
but we've got folks who are there
32:24
making sure that we're supporting,
32:26
that we're bringing in and that we're engaging
32:29
with the software buyers who really are,
32:32
you know, sort of power the flat will, so to speak there.
32:36
>> Yeah, I mean, it's so interconnected, right?
32:38
I'd imagine obviously you work closely
32:39
with the demand team on the consumer side.
32:42
How do you think about crafting those type of campaigns?
32:45
Like what's, what would be a goal of a campaign like that?
32:50
>> I would say we work hand in hand with both groups.
32:52
It would be tough to do them holistic in the sense
32:55
of we're going to go to market with both a seller
32:57
and buyer campaign.
32:58
What I think, and this is where brand becomes sort of a glue,
33:01
is that we make sure that the way that we're presenting
33:04
ourselves is cohesive as the same that we're not.
33:07
This is our identity to software buyers
33:10
and this is our software sellers.
33:11
There's a different value prop obviously for those folks,
33:14
but it shouldn't be a different G2.
33:15
For those folks, it should be the same site.
33:18
And frankly, what's unique for us and the folks
33:21
that are there are also turning to us to look for,
33:24
hey, we need to onboard this new HR software
33:27
and you really helped us kind of find the
33:31
hone in on the right areas there.
33:32
So I think for more than anything, it's not,
33:37
well, how do we do it together and more?
33:40
Just make sure that G2, the brand shines through
33:43
to both of those.
33:45
>> Yeah, that's fascinating.
33:46
>> I think for us, it's about just making sure
33:48
that that circle is continuing to extend
33:52
and that folks can go to us and know that they can trust us
33:57
and that we're being transparent
34:00
and what we're providing and highlighting there.
34:03
And that holds true whether or not,
34:05
no matter what side of the marketplace
34:07
that you're talking to.
34:08
>> Let's go to our next segment.
34:10
The Dust Up is where we talk about healthy tension,
34:12
whether that's with your board, your sales team,
34:14
your competitors or anyone else.
34:16
Have you had a memorable Dust Up in your career?
34:19
>> I'm definitely the peacemaker type.
34:20
So that's typically how I personally operate.
34:23
I've been able to avoid most of those.
34:26
So we collaborate closely with our sales team,
34:29
get along great there.
34:30
So I can't point to a memorable Dust Up during my time here.
34:35
I would just say in general as a marketer,
34:38
the two areas that I'm always keen to make sure
34:44
we're seeing eye to eye or with the finance side.
34:47
So making sure there's no surprises there
34:50
in terms of what's happening,
34:52
what's sort of going on that there's no budget
34:55
that unexpectedly shows up that they weren't expecting.
34:58
And so building up that relationship is important to me.
35:01
And then I think maybe I know I said two,
35:05
but I'm going to add,
35:06
depending on what the organization is,
35:08
two more that I think are important to avoid those Dust Up's.
35:11
One is legal, making sure that if we're doing something,
35:16
broader campaign, something like a need activation
35:20
that we've got the right buy-in from our legal side,
35:22
that there's no surprises
35:23
in getting called into the principal's office there
35:26
is no fun.
35:28
And then lastly, it depends on the organization,
35:31
making sure that design was sort of bought in
35:35
to whatever marketing head plan was part of it.
35:39
So while I can't say like,
35:41
"Oh, this is the major Dust Up that I've had,"
35:43
it's to me like creating that great sort of rapport
35:48
and good cross-functional working relationships
35:51
with finance, legal, and design
35:53
have been kind of the keys of my marketing career so far.
35:57
Let's get to our final segment, Quick Hits.
35:59
These are quick questions and quick answers.
36:01
Just like conversational marketing with Qualified,
36:04
you can talk to somebody quickly if you go to Qualified.com.
36:08
Qualified prospects are on your website right now
36:10
and you can talk to them quickly.
36:12
Quick and easy, just like these questions,
36:14
go to Qualified.com to learn more quick hits,
36:16
Palmer, are you ready?
36:19
- I'm ready.
36:20
- Number one, what's a hidden talent or skill
36:21
that's not on your resume?
36:23
- I really love working and building teams,
36:24
so I would say that's something
36:25
that's not necessarily skill you can list there, but I love.
36:29
- Do you have a favorite book, podcast, TV show
36:30
that you've been checking out recently?
36:32
- I got two that I'm in the midst of watching
36:34
Under the Banner of Heaven on Hulu.
36:36
It's been a good one based off the John Crackhauer book
36:40
and then also P.H.E.B.inder, season six just started.
36:43
That's a guilty pleasure of mine.
36:45
I don't know the guilty about it,
36:46
it's just a pleasure of mine.
36:47
(laughing)
36:48
And my favorite book is a book called
36:52
"Confederacy of Dances" that's a novel set in New Orleans
36:56
and I was recently in New Orleans,
36:57
so it inspired me to pick it back up
36:58
and read it for the third or fourth time.
37:01
- Do you have a non-marketing hobby
37:04
that maybe sort it indirectly makes you a better marketer?
37:07
- I'm a big sports fan, so love the Atlanta Braves,
37:12
love watching International Soccer
37:15
and I'd like to think that there's an aspect
37:17
of putting myself as like a sports fan
37:19
and like how you organize a team
37:21
and focus on different efforts
37:22
that like it's not a one to one marketing thing,
37:25
but it helps me think about utilizing skills
37:29
and like setting up a team for success.
37:32
- Pumber, last questions.
37:34
If you weren't in marketing, what do you think you'd be doing?
37:36
- I think in another life I would have come back
37:38
as someone on the talent recruiting HR side.
37:41
I love that aspect of the job
37:43
and I get to do a lot of that on the marketing side,
37:46
but I think that if things had gone a little bit differently,
37:50
I could have ended up on that side.
37:51
- Final piece of advice for a first time
37:54
VP of brand trying to figure out brand marketing.
37:57
- You learn by doing and so don't be scared to act
38:01
and size it right so that you're not necessarily
38:06
staking your entire job or the entire future
38:10
of the marketing department or what you're doing,
38:11
but feel free to lean in to what you think would work
38:16
and go try that and go back three months later,
38:19
figure out what worked and what didn't
38:20
and then iterate and do more.
38:22
- Well, everybody go check out g2.com.
38:25
If your company's profile is not good enough,
38:28
then definitely improve that.
38:31
- Palmer, any final thoughts, anything to plug?
38:33
- Thanks for having me on.
38:34
I will have the new software buyer behavior report out
38:36
in September.
38:37
Our plan is to debut it at the Saster Annual Conference
38:41
and then we'll release it on our website right after that.
38:44
So pencil that in for September
38:46
and excited to share that with the broader SaaS world.
38:50
- Awesome.
38:51
Thanks, Palmer.
38:52
We really appreciate you coming on.
38:53
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38:57
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