Nick Bennett & Mark Kilens 29 min

AI Job Takeover, NBA's Media Shift, & Marketing Leadership


Is AI actually helping us be more productive? What can we learn from the NBA's recent marketing moves? And we’re joined by Katie Foote, CMO of CaptivateIQ.



0:00

There's so many streaming services.

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So now you're paying for all of these things

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and just think about that.

0:04

So you're actually probably paying more

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than you were paying before.

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You need to be pushing and pulling the customers with you

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'cause they look to us, many of our customers look to us

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as kind of that de facto person in charge.

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- In a marketing organization, you need relief valves for sure.

0:22

Like you always have to have contractors on speed dial,

0:24

agencies on speed dial,

0:26

but you have to make sure that they're willing to go deep

0:28

with you and understand your business.

0:30

(dramatic music)

0:31

- Real talk, backed up with real action.

0:35

This is GTM NewsDesk.

0:37

I'm Nick Bennett and I'm Mark Killens.

0:40

Let's see what's trending.

0:41

(upbeat music)

0:44

- Welcome to another edition of GTM NewsDesk.

0:51

My name is Mark Killens, Nick, what's going on?

0:54

- Happy whatever day we're on.

0:56

I'm excited to be here.

0:58

Happy Sunday, we're recording the Sunday morning 8 AM.

1:00

So you got Nick and I on a great day.

1:04

First featured headline story.

1:07

AI is going to take everyone's jobs, Nick.

1:09

You're fired, Nick.

1:13

I mean, that's basically what we've been hearing

1:15

for like how many years now?

1:16

- Yeah, it won't be the first time that I've heard that.

1:19

So.

1:19

- No kidding.

1:21

So if you check out Upwork, we'll put the link

1:23

as we always do in the show notes.

1:25

There was an interesting study they did.

1:27

Very recently, it actually came out of McKinsey

1:29

and Upwork, I kind of summarized some of it.

1:32

It looked at the C-suite leaders

1:35

and their point of view on how AI is going to help

1:38

with efficiency and productivity,

1:40

doing more or less, everyone's favorite term, Nick.

1:42

Do more or less, Nick, do more or less.

1:45

- I feel like we're doing more or less right now.

1:48

It's, but it's, yeah, I see that all the time.

1:52

It's like, you know, do the same.

1:53

Like, why can't you do more with less budget?

1:56

But like, you know, you can only be so scrappy.

2:00

- Exactly.

2:01

So Katie Food is our featured guest

2:03

during segment number three of today's show.

2:06

She's an amazing marketing leader, an amazing person.

2:08

We get deep into marketing leadership,

2:11

a third, we have a lot of questions prepared.

2:13

So I picked this newsworthy study

2:17

because when you think about AI,

2:21

everyone's saying, "Well, look,

2:22

you don't have to hire as many people.

2:24

You can replace 25%, 30%, maybe half of your marketing team

2:29

because AI is going to be able to create all that great content,

2:33

do all the sales outreach,

2:35

do all the management of the tools

2:37

that you have in your tech stack, do editing,

2:40

do content repurposing, yes, sure."

2:43

I mean, so look, I think there's a disconnect, Nick.

2:46

The point of the segment number one today,

2:48

there's a disconnect between the C suite

2:50

and like, what's really happening on the ground?

2:53

'Cause if you look at some of these stats, right?

2:55

96% of C suite leaders say they expect AI

2:58

to increase the company's overall productivity levels.

3:00

Okay, yeah, that's a lot.

3:01

I think that's true generally,

3:03

but then the question for all of these things

3:05

in the studies, how?

3:06

Like, who's gonna teach your company

3:07

how to do these things, right?

3:08

Like, that is the thing that's been missing

3:10

in the AI conversation today.

3:12

It's like, how is it gonna do it?

3:14

What do people need to do?

3:15

How are you enabling and empowering people to do that?

3:18

Because 39% of companies in that study,

3:20

they're already mandating use of AI tools.

3:23

Sure, you can tell me to use a tool,

3:25

but a tool is worthless if you don't know how to use it.

3:27

You take a hammer and you give it to someone

3:29

who doesn't know how to use a hammer,

3:30

they're gonna do some stupid shit with that hammer probably.

3:32

So, I just think this whole AI thing is getting so overblown

3:36

and it's in a huge bubble.

3:37

Reminds me of the dot com thing when you're like pets.com,

3:40

told at paper.com, everything.fn.com,

3:43

and it's now everything.fn.ai.

3:46

Yeah, it's, well, I do think you're gonna see more people

3:49

get hired into AI specific roles.

3:52

Like if you go search LinkedIn now for like job titles

3:55

that are hiring with AI,

3:58

I have seen a huge increase in the number that's on there,

4:01

but still, like this is, there's no precedent

4:04

that's been set.

4:05

So it's like you're creating a job,

4:08

but like there's no proven framework or path

4:11

or anything like that that shows this is gonna be successful

4:13

for hiring a role like this to get these outcomes

4:16

that you wanna achieve.

4:17

Yeah, and we've talked to Paschus,

4:19

Amanda and Menos, Amanda from Spark Toro,

4:22

Menos from Sales Intel,

4:24

a little bit about this AI thing and whatnot,

4:26

and like look, like yes, it's gonna impact us,

4:28

but I love your point about like the AI piece of the jobs,

4:32

whereas like we need you to come in with a skill set

4:35

and a point of view, I mean, maybe not much experience

4:38

'cause I mean look, it's only been like a couple of years

4:41

at best for this AI stuff to really have taken hold,

4:44

but like look, like the people who are gonna be responsible

4:47

for figuring how to use AI,

4:48

that could be a job right?

4:49

Like I could see AI a specific role for Revox.

4:53

Like you're a specialist on the Revox scene,

4:55

focus on AI, you're a specialist,

4:57

maybe across your entire marketing organization

4:59

on how to use AI for different jobs within marketing.

5:03

I think those are innovative things again,

5:04

but that's enabling and then that person's educating

5:07

and helping all the other people,

5:09

like take this top down mandate

5:11

and actually make it real.

5:12

So don't just say shit, sea level folks,

5:15

back it up with the right level investment

5:17

across the entire organization.

5:19

- Hmm, preach, preach.

5:21

All right, that's segment number one, what's headline number two?

5:24

- Headline number two is all about the NBA.

5:26

So I don't know about you, I'm a huge Celtics fan,

5:28

I know you enjoy the Bruins,

5:29

I know you dabble in the Celtics,

5:31

nothing wrong there, you know, it's the city of champions,

5:34

I guess you kind of have to when you live in Boston,

5:36

but if anyone out there hasn't seen this,

5:39

the NBA had a new media agreement.

5:41

And before we get into our conversation

5:43

with Katie around marketing leadership,

5:45

I wanted to touch on this because I think

5:46

the NBA's new media agreement for 2024, it's massive.

5:50

It's not just in terms of dollars though,

5:53

is in mass, I think it was like six point something

5:55

billion dollars, but it's how it reshapes

5:59

the way content is distributed and consumed.

6:02

And I think that's the key part here.

6:04

And so when I think of, you know,

6:05

for the marketers that are listening to this,

6:07

there's a few key takeaways.

6:08

First, it highlights the evolving kind of media landscape.

6:12

So when you think about like streaming,

6:13

all of those things,

6:15

you have both traditional now in the NBA's smart enough

6:18

to understand that like listen,

6:19

I can't just rely on traditional programming.

6:22

It also has streaming platforms.

6:24

It shows the importance of adapting our marketing strategies

6:28

to reach audiences wherever they are,

6:30

kind of like a people for a mindset.

6:31

You're meeting the people where they are.

6:33

And it's just a reminder that today's world,

6:37

a multi-channel approach isn't just beneficial,

6:40

it's essential to everything.

6:41

And I'm curious how MLB and NHL,

6:45

and I don't even know if a lot of these other ones

6:47

could do similar stuff,

6:47

but I'm sure that's gonna come down the road.

6:49

NFL's kind of already doing it a little bit.

6:51

- Just to have.

6:52

- The other piece that I wanted to touch on

6:54

is the value of content.

6:56

So again, going back, you know,

6:58

this is almost seven billion dollars

6:59

between three different media entities.

7:01

So like it underscores how high quality,

7:05

engaging content continues to be the cornerstone

7:07

of effective marketing.

7:09

And so as marketing leaders,

7:11

you need to kind of keep investing in content

7:13

that resonates with your audience and drives engagement,

7:16

but also adds value.

7:18

It's interesting to me 'cause like I watch

7:19

a decent amount of NBA games,

7:21

and you know, I'll be able to put some on, you know,

7:23

Amazon, be able to some, watch some on ESPN,

7:25

some on ABC.

7:27

I think what they're doing here is they're staying ahead

7:30

of the curve, they're valuing their content,

7:33

they're leveraging the data,

7:34

and they're open to partnerships,

7:36

which is a huge piece of people first,

7:39

and the channels that go along with it.

7:40

So I'm excited, it is a massive amount of money,

7:43

but I think it's going to be really awesome

7:46

to see how this shapes the future for other organizations.

7:50

- Well, it's distribution leverage.

7:52

So it's a good and a bad thing, right?

7:53

'Cause it's giving them like you were alluding to,

7:56

access to new audiences,

7:57

especially younger demographics,

7:58

that do not have any type of traditional cable at all,

8:03

and they're just getting all of their programming content

8:06

through the cloud, right, through the internet.

8:09

So there's that,

8:09

but at the same time, it fragments,

8:11

you just mentioned like three or four,

8:12

it's probably six or seven places,

8:14

you don't need to go to get this programming.

8:17

So I think it's a blessing and a curse, it's tricky.

8:20

I mean, it's,

8:22

I mean, money's money, people want more money,

8:23

so I get that,

8:24

but I do feel like it's probably a positive thing

8:27

because cable TV is in a massive decline.

8:30

Like that is a really shitty business to be in,

8:33

and sports is probably one of the only things

8:35

people watch live.

8:36

I mean, whoa, yeah.

8:38

Why would you watch anything else live?

8:39

We just recorded, skip all the commercials.

8:40

So it makes sense what I would want to see them do now,

8:44

and I think the NFL has done a little bit of this,

8:46

and B is a little bit of this as well,

8:48

is how do they take all this now

8:49

and like bring in the community side of all this?

8:53

Like, you know, how do they activate

8:54

the fan base a bit more?

8:55

The MBI feel like,

8:56

feel like it's done the best part

8:58

because they've done a lot with Twitter,

8:59

but you know, maybe they still do Nick,

9:01

you know, like great, they've done a lot of Twitter,

9:02

they've done a lot with like social networks, I think, right?

9:04

Like they've partnered with growth,

9:06

partner with these,

9:07

not just media organizations,

9:08

but like the actual social networks,

9:11

which are also sometimes media delivery mechanisms as well,

9:14

to create a connection with the fans.

9:17

- Yep, 100%.

9:18

And the last thing I'll say is,

9:19

I mean, there is another downside

9:21

as the consumer of this is think about that.

9:23

You now have to go and subscribe.

9:26

Like, so I pay for cable,

9:28

and I pay for Amazon.

9:30

Some people might pay for HBO or Macs or whatever,

9:33

or Peacock or,

9:35

there's so many streaming services.

9:36

So now you're paying for all of these things

9:38

and just think about that.

9:39

Like, so you're actually probably paying more

9:42

than you were paying before,

9:44

and you have to go, like you said,

9:45

the friction of going all these different places,

9:47

but I don't know,

9:48

I'm still trying to keep a positive mindset.

9:49

- Why do you still have cable?

9:51

I'm trying to get out of it, to be honest with you,

9:54

but there's certain channels that the life likes to watch

9:57

and like a lot of streaming services

9:58

don't provide those channels.

10:00

- What's it?

10:01

- Like, lifetime is one of them.

10:04

Fubo used to do lifetime,

10:05

they actually just got rid of it,

10:06

and then it was one other one,

10:08

but I've done a lot of research,

10:11

and I could save like $700 a year

10:13

by switching to a streaming service,

10:15

and I just haven't pulled the trigger yet.

10:17

- Lifetime, that is a first.

10:19

That is a first, I've never heard that.

10:21

- I do not watch lifetime.

10:22

- Sure.

10:23

- If your wife watches it,

10:24

you watch it.

10:25

We all know that.

10:27

We all know that, my friend.

10:28

All right, folks,

10:29

those are the two headline stories of the week.

10:31

Now it's time with an amazing conversation

10:33

with Katie Foot, the CMO of Captivate IQ.

10:36

She and I work together at Drift for about a year.

10:39

She's amazing 13 year sales force veteran.

10:42

You do not want to miss this conversation.

10:43

I am so excited about it.

10:44

Here we go.

10:46

Katie Foot, what's going on?

10:48

- It's so good to see you, Mark.

10:50

Thanks for my move today.

10:51

- It has been too long, way too long.

10:54

Katie and I, for those who don't know,

10:56

spent some really quality time together at Drift.

10:59

So Katie, again, great to reconnect with you.

11:02

Katie has been a longtime marketing leader.

11:04

How many years in a leadership position

11:08

has it been for marketing for you?

11:10

- 2010 was my first leadership position in marketing.

11:13

And I remember it that quickly

11:15

because I went out of maternity leave and came back

11:18

and started managing the creative copy rating team

11:20

when I came back,

11:21

which at the time I thought was a pretty cool progressive thing

11:24

for a business to say,

11:26

you're coming back from Matt Leve,

11:27

but we believe in you and we know you can do this.

11:29

- Here you go.

11:30

Nick will grade my marketing leadership capabilities

11:33

and I'll grade yours later on

11:34

in this little conversation we have.

11:36

Now I'm just kidding.

11:37

But no, we got some questions for you.

11:38

So folks, we're gonna ask Katie,

11:40

four or five questions like we normally do

11:42

for this third segment.

11:43

And then if you go to Tech Network after the fact,

11:46

Katie's gonna share some secrets with you

11:48

when it comes to maybe working with CEOs,

11:52

working with your marketing team.

11:53

She's got a lot of experience.

11:55

I reported to Katie when I was at Drift.

11:57

It was amazing.

11:58

It was very short lived, unfortunately.

11:59

I mean, it was, was it not even a year?

12:01

- Technically.

12:02

- It was maybe just about a year.

12:03

I think you left like April of what, 22, is that right?

12:07

- That sounds right, yeah.

12:08

- Yeah.

12:09

- The biggest to your own, Seymour.

12:11

- Roll.

12:12

- Yes, and I learned a lot there too.

12:15

- More love.

12:16

- More love.

12:17

- Exactly.

12:18

So we always ask the question about

12:20

how to make something not suck Katie.

12:21

So in this case, how do you make marketing leadership

12:25

not suck today?

12:26

And you can interpret that however you want.

12:28

(laughing)

12:29

Now, this is a really tough time in B2B marketing leadership.

12:34

Just because the market just hasn't done

12:36

what we thought it was gonna do.

12:37

If I hear one more time, like it's coming back,

12:39

it's coming back.

12:40

And then it doesn't, like we might all lose our minds here.

12:44

So it's not for the faint of heart.

12:46

I think you have to keep a sense of humor.

12:48

We're not saving lives here.

12:50

I think there's also a reason why, you know,

12:51

marketing, I think the average marketing tenure

12:53

is what 18 months enroll.

12:55

And, you know, so I think you have to keep a sense of humor.

12:59

You have to, this sounds maybe a little woo-woo,

13:01

but I've really just tried to surrender a little bit.

13:04

You know, if you try to control everything

13:06

and hold on too tight, it almost creates this unnatural behavior.

13:10

And so I've really been trying to lean into this idea

13:12

of whatever's gonna happen is gonna happen.

13:14

How do I show up and be the best version of myself

13:16

for my team, for this business,

13:18

and have a body of work that I can stand on

13:21

regardless of where this whole thing might go?

13:23

So there are days that do suck, but I think

13:26

if you are, someone told me recently,

13:27

if you can find out my calibration

13:29

where you are thinking things don't suck

13:32

or a generally happy 50% of the time,

13:35

it's probably a pretty good gig in today's market.

13:37

- Love that answer.

13:38

Before Nick, you asked the next question,

13:40

it reminds me of that Disney song, like let it go.

13:44

- Oh yeah, Elsa.

13:45

Elsa Nana.

13:47

- Yes.

13:48

- She would wear a trailblazer that Elsa.

13:50

- Yeah, I mean, I just think that's spot on.

13:51

I mean, you wanna like try to influence

13:55

as much as you can.

13:57

I definitely think through doing one like CMO stance

14:01

and being two VPs of marketing, like looking

14:03

and working with some incredible CMOs.

14:06

- Oh, how?

14:07

- The more that you can understand when to push

14:09

versus when not to push.

14:11

- Yeah.

14:12

- That's pretty important skill.

14:13

- Which battle you wanna fight?

14:15

And you know, sitting in marketing,

14:16

you're at an intersection of so many different things,

14:18

unlike most parts of the business.

14:20

And so you often tend to be what we describe

14:22

like the shit umbrella for a lot of stuff

14:24

that might be come in down the pipe.

14:26

I think if you can be a good shit umbrella for your team

14:29

and protect your team from a lot of that thrash,

14:32

that also helps marketing not suck for them either.

14:35

So I'm always very cognizant of that potential thrash

14:39

that the typical marketer can get thrown in to on a day-to-day basis

14:42

and try to protect that as much as possible.

14:44

- Everyone's a marketer, right Nick?

14:46

- That's a funny term.

14:46

I'm gonna start using it, but like,

14:49

I mean, I've been grateful for CMOs that I have worked for

14:52

and I worked for Mark at our last company together.

14:55

And I've worked for some that have done really good

14:58

from a servant perspective.

15:02

And then I've done somewhere they've just let

15:03

the shit keep on rolling.

15:05

So yeah, I'm not love that.

15:06

I think it's really good.

15:07

So I think that kind of goes into our next question.

15:09

So, you know, what's the biggest mistake made

15:12

by marketing leaders as we kind of exit 2024

15:17

and start to think about 2025 that they should avoid

15:20

for 2025 that in your experience,

15:22

do you think might set them up for success?

15:24

- I think about it.

15:25

If you like zoom way out and think about

15:26

the trajectory of marketing,

15:27

it's only been in the past 20 years or so

15:31

that marketers have actually had a seat at the executive table.

15:34

And they've been able to get a seat at the executive table

15:36

because they've talked a lot about the impact they're making

15:39

on the overall revenue of an organization.

15:41

So talking more numbers, data, attribution,

15:45

which in and of itself can be an enigma.

15:47

I think the challenge there is that the pendulum

15:50

has almost swung too far in the direction

15:53

of prove the ROI of every single thing that you do.

15:57

I'm sure the three of us could agree.

15:59

What I love about marketing is those magical components,

16:03

those white glove experiences, the emotion that you can elicit

16:06

from someone if you take them on an effective journey

16:08

through content or through events, whatever it might be.

16:11

And those things can often be hard to track.

16:13

And so we had this pendulum back in the madmen era

16:17

and advertising where it was all about storytelling

16:20

and visuals and art.

16:22

And I think over the course of the past 20 years,

16:24

the pendulum has swung so far to the science.

16:27

Show me every single dollar that you're spending.

16:30

And what's the ROI I'm going to get on that?

16:32

And let me benchmark you against X, Y, and Z company.

16:35

I think the mistake we need to avoid going into the back half

16:37

of this year and into 2025 is finding the right balance

16:40

between the two.

16:41

This market is so inundated with people call calling

16:45

and AI-driven content.

16:48

And how are we connecting with human beings?

16:50

Even if we're selling security software

16:54

or something incredibly technical,

16:55

we're still selling to people.

16:57

We're still marketing to people.

16:59

And so I think the marketers who can find a way

17:01

to storytelling effectively and to differentiate

17:04

with that storytelling and with some uniqueness

17:06

around the essence of their brand

17:07

will also see a return.

17:09

You just might not be able to prove it.

17:11

And so finding that balance between the art

17:13

and the science of marketing, I think,

17:14

is a really important thing to think about for next year.

17:18

I like that a lot.

17:19

I actually just--

17:20

I have a newsletter called the People First Go to Market newsletter.

17:23

And I recently actually wrote about this.

17:25

How marketing's both a blend of art and science

17:28

and kind of broke down from a lot of different third-party

17:31

research reports that I've read in just talking

17:33

to marketing leaders, like what that actually looks like.

17:35

So it's interesting and actually really nice

17:38

and refreshing to hear you also say that.

17:41

So definitely, definitely on board with it.

17:43

I mean, if you think about your own purchase decisions

17:46

at the end of the day, if a product seems

17:49

to be about the same as another product,

17:51

it costs about the same.

17:54

But you had a really great interaction with company A

17:56

and company B was maybe just so-so.

17:59

I don't know.

18:00

You're probably going to skew towards company A.

18:01

So I think it can be a difference maker, for sure.

18:04

Return on investigation.

18:07

I like that.

18:07

Well, we just want the new marketing campaign

18:10

that's called Return on Incentives,

18:12

because obviously I help market commission software

18:15

and incentives.

18:16

And so it's funny you return on investigation.

18:18

I like that.

18:19

And the reason I bring that up is I feel like a CEO,

18:22

which is going to get to our next question about CEOs.

18:25

If they ask themselves, how much return am I getting

18:29

by having the marketing leader or other people in their team

18:33

investigate this attribution fallacy, right?

18:36

Or investigate what isn't is working.

18:38

Or investigate like improved to me like you're worth.

18:42

And just instead, like, hey, go create

18:44

to your point Katie stories, content, experiences.

18:49

Like, oh my god, you probably can get a lot more done

18:52

and get more ROI, the real ROI at the end of the day.

18:56

- And don't get me wrong for all of the CFOs

18:58

who might be listening out there, my friends and finance.

19:01

There are things that we need to be able to justify

19:03

at Return on.

19:05

I'm still a big believer in what's your ultimate target

19:07

and how does that waterfall all the way up

19:09

to MQLs and leads?

19:10

But I do think working as a part of it,

19:13

the culture within an executive team and an organization

19:15

is you have to kind of believe in marketing.

19:17

And you have to believe that there's some level of investment

19:19

that's needed.

19:20

There is, there are just some things

19:22

that you can't ever prove the direct impact on

19:26

and be okay with an element of that.

19:27

I think that's what we're,

19:29

you know, modern CMOs are really hoping for.

19:31

- So let me just double click on that really quick.

19:33

What is one of the ways you would recommend people do that

19:36

with their finance partners and other business partners?

19:38

Like some of the ways they can do that in education.

19:41

- Yeah, well, my finance partner sits on

19:43

an every single one of my directs meetings.

19:46

So they just have a seat at the table.

19:48

His name is Arcade, he's amazing.

19:50

And that way he understands like,

19:52

I run some credibility with him

19:54

because he's able to see how I run my business.

19:56

So I'm not the stereotypical marketer

19:58

that's just looking to send money on fire.

20:00

Every one of my directs calls starts with a health of business.

20:02

Like where are we, how many leads?

20:04

MQL, how are we facing the operating plan?

20:06

Where are we with meetings and pipeline?

20:07

So we're starting and leading by example of,

20:10

hey, we've got a business to run here.

20:12

So that creates some trust like, okay,

20:15

Katie's actually trying to be business minded in her approach.

20:18

And then we talk about other big bets

20:20

that we might want to be making.

20:21

And so just having that two-way communication,

20:24

Arcade has a seat is really important.

20:26

I also am very transparent with my ELT peers.

20:29

So we obviously meet at least once a week.

20:31

And we have an okay, our framework,

20:34

so objectives and key results.

20:35

And I'm very clear on,

20:36

I have an enviable culture, okay,

20:38

I have a full funnel to me under care.

20:40

But then I have a brand okay, our,

20:42

and a lot of the key results associated with that

20:44

don't necessarily yield, you know, one-to-one return.

20:47

So I think just ongoing communication and being transparent.

20:50

Mark, when you and I worked together,

20:51

I always did the Friday five to the company.

20:53

I think marketing just has to over communicate.

20:57

This is what we're doing.

20:58

This is what we say we were gonna do.

21:00

These are the results we saw.

21:02

Here's what we learned.

21:02

You just gotta bring people along on that journey

21:04

because it is such a nuanced, complex,

21:08

yet misunderstood discipline within an organization.

21:11

- See Nick, it's why we do weekly pacing.

21:14

(laughs)

21:16

- It's true, it's the way it's worked out for us, I would say.

21:19

- There you go.

21:20

- Two person company, we're trying to do our best

21:22

to emulate like a more sophisticated organization

21:25

'cause it's important,

21:27

'cause then you can both learn and celebrate.

21:29

- Well, I actually think it's two person company

21:30

it's sometimes easier, right?

21:32

'Cause you can, like it is what it is

21:34

and you get to the simplicity as you scale and grow

21:37

as more people are involved, that's when it gets harder.

21:40

And you can, you know, coming from Salesforce,

21:42

man, trying to do a business or a review at Salesforce

21:45

and like peeling back the onion,

21:47

it's just almost impossible.

21:49

- Well, let's talk about that.

21:50

Maybe we can talk about Benioff or, you know, no, no,

21:52

we don't have the name names, but what's a common misconception

21:55

that CEOs have about their marketing leader?

21:58

You can name more than one, two, K.

21:59

You can go, you can do as many as you want.

22:01

- Okay, common misconceptions.

22:03

Well, I think the stereotype that I mentioned earlier,

22:05

oh, the marketer just wants to do pretty things

22:06

and build power points and spend a bunch of money.

22:09

I've actually not found that to be the case

22:10

in my CMO networks, marketers bear a tremendous amount

22:13

of responsibility.

22:14

They're off in the tip of the spear to drive demand

22:17

and to tell a story into the market.

22:18

They take it all in their back

22:20

and they're also the easiest, you know,

22:21

they're the first to be cut when times are tough

22:25

and riffs come along.

22:26

I mean, you come from the content world, Mark.

22:27

How many times, how many of your peers

22:30

and fellow content folks have been impacted

22:32

by that reality in the past three years?

22:35

- Tough times.

22:36

- Yeah, tough times.

22:37

And I think that's actually a representative

22:38

of just the misunderstanding that the C-suite often has

22:42

when it relates to marketing.

22:44

Their cost center, we could do it without them.

22:47

Anybody can do this, AI can do this.

22:49

So I think there's a lack of understanding

22:51

just about the discipline in general.

22:53

I also think what's really interesting about marketing

22:55

and I'm in a very unique situation,

22:57

my current position because our CEO is actually

23:00

a finance guy.

23:01

So he started the company because he's having

23:02

to calculate commissions and it was a complete nightmare.

23:05

And so that's interesting,

23:07

but he also had to step in and lead marketing.

23:10

They had about a year long search

23:11

until I came into the position.

23:13

And so he has a lot more empathy for, oh wow.

23:17

This is like really broad and really deep and really hard

23:22

in a way that a lot of CEOs don't necessarily have,

23:25

which I really appreciate.

23:27

So, you know, I think my, I worked with a lot at most of the

23:31

the bosses that I've had have not had that experience

23:33

and that perspective, the way that I've navigated that

23:35

has been again over communication.

23:38

You've got to just like bring, hey, so and so,

23:40

remember I told you we were going to do this thing.

23:42

We're doing this thing and just like reminding them

23:44

over and over and over again, what they asked you to do

23:47

or give them choices.

23:48

You asked me to do project A, you've now added project B and C.

23:53

We can't do all three at once.

23:55

Here are a couple options.

23:56

And just like continuing to over communicate

23:59

and make sure that you're always aligned

24:01

because it's very easy to get misaligned in sideways

24:04

as the marketing leader with your boss or your ELT.

24:07

And by the way, your ELT peers, all of their objectives

24:10

and goals are likely going to be different

24:12

and sometimes even at odds is what you're trying

24:14

to do in marketing.

24:15

And so you've got to make sure you are in lock step

24:18

with your manager, your boss.

24:20

And then as you bring your she along on that journey,

24:23

they're giving you air cover to your peers to be like,

24:25

no, no, no, this is where I want Katie focus.

24:27

This is what success looks like.

24:28

This is what success looks like in terms of marketing

24:31

because everyone has a different opinion on that.

24:33

Are we trying to build demand?

24:34

Are we trying to build our brand?

24:35

Are we there different tactics?

24:36

You know this.

24:37

Marketing is a Swiss Army knife.

24:39

I can go down any path you want me to go down.

24:42

But we need to agree what is the most important thing

24:45

because if we get distracted by squirrel, squirrel, squirrel,

24:49

we're never going to get to where we're trying to go.

24:51

I love that.

24:53

And I mean, so it's similar to what Nick and I do

24:55

with our business, our boss is our customers.

24:59

And we have preached since day one, and Nick is,

25:02

he's like, Mark, just shut up because I say this so much.

25:04

You need to be the one driving the communication.

25:06

You need to be pushing and pulling the customers with you

25:10

because they look to us, many of our customers look to us

25:13

as kind of that de facto person in charge, right?

25:17

Like, hey, you need to have a point of view.

25:19

You need to be driving this or like, why are we paying you again?

25:23

And I do think just like aside from an agency,

25:25

standpoint, and maybe a quick conversation on this,

25:27

Katie, because you've hired a lot of agencies,

25:29

love to know like your perspective on that.

25:31

But like our motto is overcommunicate.

25:33

Yes, communication is key, especially in this remote

25:35

first world.

25:35

We do not have all those little touch points in the kitchen

25:37

anymore that we all had early in our career.

25:40

So when people get sideways at work right now,

25:43

it seems so obvious.

25:44

And it's probably annoying to say it out loud.

25:45

But you guys, we have to overcommunicate.

25:48

We have to bring people along in the journey.

25:51

Otherwise, there's just, there's no little micromilments

25:54

of human interaction day to day that's going to save us.

25:57

So I've worked with phenomenal agencies in the past.

26:01

But I found it really hard to, man, so much of brand

26:05

and the work that a marketer is doing

26:07

is so unique to that specific company.

26:10

And you almost have to be an extension of that team

26:12

and really embedded with them.

26:14

So if you're going to work with an agency,

26:16

they need to have the level of commitment

26:18

to sit on your staff calls to be an extension of your team.

26:21

They can't feel like somebody I just,

26:24

they're only easy buttons here.

26:25

Like you can't just outsource work.

26:27

In a marketing organization, you need relief valves for sure.

26:30

Like you always have to have contractors on speed dial,

26:33

agencies on speed dial.

26:34

But you have to make sure that they're willing to go deep

26:37

with you and understand your business.

26:38

I think that's why people will develop a rule of X

26:40

of agencies over time too.

26:42

Like there's a couple preferred ones that you always go to

26:44

because they know you, they know you're working style

26:47

and you guys can get to brass tax pretty quickly.

26:49

It's a nice little plug.

26:50

Thank you, Katie.

26:51

It's good.

26:52

We'll turn that into an ad.

26:54

We can do that on purpose either.

26:56

That was all organic.

26:58

That's awesome.

26:59

Let's ask Katie the last question, Nick.

27:01

And then one of the things that went on

27:02

packed during the exclusive content for tech network

27:05

subscribers, Katie, is your Friday five

27:08

among other things you do.

27:09

But that was a great thing you did at Drift.

27:10

But I go ahead, Nick.

27:11

Yes.

27:12

So last question.

27:13

So as you know, or as you may know,

27:15

we're all about people first, everything that goes with it.

27:19

So how can marketing leaders take a people first

27:21

approach to their leadership style?

27:23

This is just so cool to who I am.

27:25

I don't know if you are familiar with the NEagram.

27:28

I'm an NEagram too, which is like connection, helping,

27:33

caring about people first.

27:34

That's just like the ui-gui goodness of life

27:37

for NEagram too.

27:38

So, but I work with a lot of other folks

27:41

that are not oriented that way.

27:42

And so sometimes I'll come at this problem

27:44

from such a people position and they have no idea

27:49

what I'm talking about.

27:50

So I know it's not inherent for everyone.

27:52

So I do think marketing tends to bring in the people

27:55

who love to connect because that's essentially

27:57

the spirit of marketing is we're getting attention.

27:59

We're connecting to people through a process.

28:01

Look, if you are a marketing leader,

28:05

how are you going to get work done

28:07

if you can't inspire and motivate people?

28:09

Because you can't actually do all the work yourself.

28:12

It's like whack a mole if you try to.

28:15

So even if you're not oriented to being people first

28:19

or feelings first, it's just a business strategy.

28:22

You have to work and flex that muscle.

28:24

Otherwise, you will never get anything done.

28:26

People will leave and go elsewhere.

28:28

People do not leave jobs or salaries.

28:30

They leave other managers.

28:32

And so I'm going to unpack, I'll give you a little teaser.

28:34

I'll unpack my three piece framework here

28:36

in a little bit, people pipeline process.

28:38

And it always starts with people.

28:40

- Personally, love left managers in the past.

28:43

- Yeah. - Specifically for that reason.

28:44

So I'm excited.

28:46

I'm sure Mark might know a bit more about the framework

28:49

than I do, but I'm excited to unpack it.

28:51

Mark, what do you think?

28:52

Do we hop over?

28:53

Go to the exclusive piece?

28:55

- The three piece, yes.

28:56

And definitely check out Katie foot on LinkedIn.

28:59

Katie's awesome.

29:00

And she's at this great company, Captivate IQ.

29:03

We talked about that at the beginning of this whole segment

29:06

and whatnot, but she's doing some incredible things.

29:10

She was at drift and you were Salesforce for a long time.

29:13

- Team Gluers, I was at the target

29:16

for those of you remember email marketing back in its heyday.

29:19

It was kind of like what drift became for chat.

29:21

We were email marketing.

29:23

We went public.

29:23

We were required by Salesforce, spent 13 years there

29:26

and then took the leap over to drift.

29:28

And now I'm at Captivate.

29:30

It's been a wild ride.

29:31

- Love it.

29:32

Love it.

29:32

Let's get to the deep stuff.

29:33

So yeah, check that out, tacknetwork.com.

29:35

Thanks Katie.

29:36

- Thank you.

29:37

- Thanks for joining us on this episode of GTM News Desk,

29:44

presented by the tack network.

29:46

To hear our full conversation with our guests today,

29:49

head to the link in the show notes

29:51

to subscribe to the tack network.

29:53

Until next time, I'm Mark Killens

29:55

and I'm Nick Bennett.

29:56

Keep it people fairest everybody.