Episode Transcript
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0:16
Matt: All right. Welcome everybody to another episode of sales pipeline radio.
0:20
I'm your host, Matt Heinz. So excited to have you here as we are well into the second half of January, 2025,
0:27
can't believe it's going by so quickly.
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Hope many of you out there are staying warm and off to a
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great start for the new year. If you're watching this episode live on LinkedIn or YouTube, we're really
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excited to have you here today. You can be part of the show.
0:40
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0:44
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0:47
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0:50
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Make you part of the show. So thank you very much for being part of this.
0:56
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1:01
Thank you so much for downloading and listening to the show.
1:04
Every episode of Sales Pipeline Radio can always be found past, present,
1:07
and future on salesPipelineRadio.com.
1:10
Very excited to have with us today our guest, the Founder and CMO
1:14
of Bold GTM, Anastasia Pavlova.
1:16
Anastasia, thanks so much for joining us. Anastasia: Thank you.
1:19
It's been a quite a pleasure, Matt.
1:22
I'm a big fan. I've known you for over a decade now and a big part of the CMO Community.
1:29
So really looking forward to this conversation.
1:32
Matt: I appreciate you being here. There's so many things we could talk about going way back to even
1:37
marketing automation, Marketo days, there's so many things we can do.
1:40
We try to keep these 15, 20 minutes. A couple of things I really want to focus on.
1:43
And one of those is B2C lessons for B2B.
1:47
I think there's so many things we just kind of take for granted as the
1:50
precedence of how we do B2B marketing.
1:52
You've got quite a background in the consumer space.
1:56
And we'd love to have you unpack a little bit of some of the lessons
1:59
that you still carry today around how B2C marketing success has
2:04
impacted you on the B2B side as well.
2:07
Anastasia: Yeah, thanks for this question. So I did start my career almost 20 years ago in B2C Tech and it was before
2:15
marketing automation and those lessons are very relevant today because it sort
2:20
of takes us back to the fundamentals.
2:22
It's putting customers first at the center is really understanding their
2:27
needs and pain points and focusing on retaining those customers first
2:32
and driving the the customer value.
2:34
And you can only do that if you understand the customer needs and really then use
2:39
creative marketing tactics to engage them.
2:42
So I think those are some of the most important lessons.
2:46
Matt: As much as we struggle so much in B2B with data and with reporting
2:50
and attribution, it often feels like our consumer marketing counterparts
2:56
are just so much further ahead than we are in terms of leveraging data
3:00
to create insights and next steps. What are some lessons from the consumer world you think can be
3:05
translated, especially around data, around insights, around analytics that
3:09
can make us better as B2B marketers? Anastasia: Well, one important consideration is segmentation.
3:14
It's really diving deeper into demographics, firmographics, behavior,
3:21
and creating cohorts of customers to solve real problems, right?
3:27
So many customers, whether it's B2B or B2C, they struggle with churn.
3:32
It's kind of a common phenomenon, but churn is a symptom of bigger
3:36
issues and problems, and it could be poor onboarding or lack of usage.
3:42
So, that's where marketers can really understand the usage data and apply very
3:48
targeted campaigns to drive usage back up.
3:53
Matt: Let's tug that thread a little further, because oftentimes
3:55
in B2B, we talk a lot about acquisition, net new pipeline.
4:00
I feel like there's a far greater focus heading into 2025 on customer
4:05
retention, customer expansion.
4:08
I facetiously sometimes say I see more marketers now focusing on
4:12
a number, not a newsletter when it comes to customer marketing.
4:16
What are some things you're seeing in your work with companies that
4:19
it's working or that are trends for focus areas for B2B marketers around
4:23
driving retention and expansion? Anastasia: Well, I think retention is the new acquisition.
4:28
So particularly these days where the costs of acquiring new
4:32
customers are skyrocketing, right? So inevitably customers again, need to think about the entire customer journey
4:41
and apply very data driven creative ways to engage customers, right?
4:48
We know that acquiring a customer costs 60-70% more than retaining existing ones.
4:53
And so what can we do in terms of retention?
4:55
So, again, understanding that the churn is a symptom.
4:58
Focus on onboarding stages first.
5:01
So how can we provide all the tools that we need for the customers to
5:04
be successful in the first, 30, 90 days and reduce this time to value.
5:10
Then if we're seeing that customers are not using our product, that's
5:14
a huge warning sign that they are going to churn in the near future.
5:19
So marketers need to get creative in how they engage the customers.
5:25
And very often it's really providing tools and tips and contextual help within the
5:30
product or emphasizing the successful customers that are doing it well.
5:35
And you can use a variety of channels for that.
5:37
And it doesn't have to be paid channels. Matt: I think the advantage you have when you're working with existing
5:42
customers is you don't have to go find them or search for them.
5:45
Like you should have a regular relationship with them.
5:47
You should have the opportunity to engage pretty quickly.
5:50
Despite that, I think sometimes we get too creative in terms of the questions we ask.
5:55
We talk a lot about net promoter score and are you satisfied?
5:59
Are you happy? I don't know if you were on the CMO Coffee Talk session last Friday, but
6:04
Latane who was the CMO for a long time. She's been the Chief Revenue Officer [at 6sense] for the past
6:08
year and what they've done is they've just gone back to customers
6:11
and asked a very simple question. Are you going to renew?
6:14
Is this a yes or no? And there's no wrong answer, right?
6:17
Yes is great, but knowing that the answer is no is also helpful.
6:21
Okay, why? what's not working? Can we work on that?
6:23
Can we fix that? And if it's not fixable, at least you know in advance where you might have some churn
6:29
risk or churn guarantee in some cases.
6:32
There's some value in having that clarity, right? I think that value on both sides to say, where are we at and how do
6:36
we make this relationship better? Anastasia: Yeah, I know.
6:39
And when I was at OneLogin, we spend a lot of time on really monitoring
6:43
the early warning signals for renewals and we had various tracks
6:49
with executives on how to anticipate potential risks with with customers.
6:54
But I think asking these questions up front is is really a shortcut
6:59
to to get into the answers quickly. I mean, companies need to really have ongoing conversation
7:05
with with their customers.
7:07
And that's what customer success teams need to be doing.
7:10
We know that those teams are very lean right now as many teams are
7:15
and the idea is that marketing needs to work very closely with
7:20
customer success teams, right? Back at OneLogIn I had my customer marketing team split into two focus areas.
7:27
Part of that was really focused on retention and alignment with CS.
7:32
And they were measured on the same goals as CS team was.
7:36
And the other half was really focused on sales and driving account based marketing
7:41
strategy and expansion strategy, which included target customer accounts.
7:46
And so customer success is now being kind of labeled as a problem child,
7:51
but I think there is a huge opportunity to rebrand them as a revenue driver.
7:56
And again, that's where they can partner with marketing and marketing can provide
7:59
programmatic support with the help of AI.
8:02
Whereas the customer success team can focus on really providing white glove
8:06
service to tier one and tier two accounts.
8:10
Matt: Talking today on Sales Pipeline Radio with Anastasia Pavlova.
8:13
She's the Founder and Fractional CMO at Bold GTM.
8:17
And it's been fun to watch your evolution and career, Anastasia, as
8:21
well, from the time we worked together in Marketo to leadership roles you
8:25
played at OneLogin and elsewhere. And now as a fractional CMO for growth companies, I know you're doing a lot
8:30
of work with managed IT, a lot of work with cybersecurity companies.
8:33
How are they leaning into the AI opportunity?
8:36
I feel like we are in a post experimentation-- well, that's not true.
8:40
We're still doing a lot of experimentation as AI evolves, but
8:44
I almost said post experimentation. Cause this is not tinker time anymore.
8:48
There are full rollouts of go to market motions that are dramatically
8:52
increasing agility, speed to market, predictivity for organizations.
8:56
What are one or two examples that you're seeing work with your clients
8:59
and in the field of where AI is having a real difference for marketers?
9:03
Anastasia: Yeah, I'll give you a couple of examples. One is from a client that I worked with their IT services company and
9:11
cyber security and IT services.
9:13
And with AI enablement of the go to market team, we were able to launch
9:19
campaigns in a fraction of the time. So it was really a matter of weeks as opposed to months.
9:24
And so I helped them shift their entire strategy from lead gen focus
9:29
to target account based go to market.
9:32
And they had real focus in three verticals.
9:35
And so we methodically attacked one vertical at a time and AI
9:40
played a huge role in this. So it was everything from doing research on ideal customer profile on personas,
9:48
both technical and non technical really outlining the pain points and mapping
9:53
value proposition to that, doing interviews with the subject matter
9:57
experts within the company, and then taking those insights and translating
10:01
them into longer form content. And then doing testing across all the subject lines for
10:07
ad campaigns and creative. And so what that enabled us to do, this whole process really enabled us
10:13
to launch email nurture campaigns, and BDR sequences, ads on LinkedIn
10:19
and Google targeted content hubs.
10:22
In a matter of weeks for the first vertical, and then
10:25
we went on to the next one. So from financial services to bio pharma and professional services, a matter of
10:31
weeks, and we overachieved on on pipeline goals in a matter of four to five months.
10:37
So that is a very specific example where AI has worked really well
10:42
for efficiencies and effectiveness.
10:45
But it's also interesting to see companies that are smaller that are building
10:49
AI first or AI native tech stacks and reimagining the entire processes with
10:58
AI, and that's where I really get excited because it's so much more difficult for
11:03
more established companies and bigger companies to turn the ship and they're
11:08
reliant a lot on AI tools that are available in the platforms that they use.
11:13
So whether it's Einstein, in Salesforce or any other AI capabilities in marketing
11:20
automation or other tools that they use.
11:22
They're kind of at their mercy. Matt: So isn't that just always the case, right?
11:26
you know, It's far harder to pivot than it is to start with some blue
11:30
ocean and start with a clean slate. I think about back in the days when we started to move towards a
11:35
tighter and broader digital play in marketing when the internet really
11:39
became critical mass a long time ago.
11:42
A lot of companies struggled with making that pivot from analog marketing 30 second
11:47
TV ads to doing digital advertising.
11:50
It sounds old school, but that was a thing that pivot and that
11:53
resistance, that pivot was a thing. Certainly saw that I mean, marketing automation, right?
11:56
I mean, back in the Marketo days, you saw a lot of companies that if they were
11:59
just getting going, building a marketing automation platform as the hub of their
12:03
programs, it was kind of a no duh moment, but moving companies from batches and
12:08
to a more nuanced program-- different.
12:11
And we can sit here in 2025 and say, well, if all you're doing is batching
12:15
people into programs and doing some arbitrary lead scoring and not paying
12:19
attention to intent signals for buying committees and buying journeys the way we
12:22
know to do today, we continue to evolve.
12:25
Right? And I think the jobs continue to change, but smart people evolve with it.
12:30
Talk a little bit about in your career and especially in your work today as a
12:34
fractional CMO, the importance of change management and culture management as
12:39
we continue to reinvent what selling and marketing is and how it's done.
12:43
Anastasia: Oh, it's absolutely critical. You can't really accomplish much without it.
12:47
So bring the entire C suite and leadership team on board is the
12:52
first step in getting to progress.
12:54
And sometimes the leadership teams, they're so stuck in their old ways that
12:59
it's really challenging to open their eyes, but by bringing examples from what's
13:04
working outside the companies and doing baby steps and pilot programs, what I
13:09
think makes it makes a big difference.
13:12
I'm still surprised how many companies tinker with AI in some pockets of the
13:16
organization without having an AI czar or a committee or cross functional team
13:21
that really tries to get together and bring best practices to the rest of
13:27
the organization and at least surface some of the successes and use cases.
13:32
And that's what I try to evangelize with all my clients.
13:35
And there's plenty of resources on how to do it in companies that are doing it well.
13:40
And I think that that's kind of the first step.
13:42
So recognizing that AI is an enabler, it's not going to take your job, but people
13:47
who are using AI will take your job.
13:50
So it's important to have the leadership team endorse that and
13:55
empower the people who are raising their hands to be the drivers of
13:59
change within the organizations, right?
14:02
And I think for the go to market teams, it's where the biggest opportunities lie.
14:07
So with marketing, customer success, sales teams, BDR teams, they can be
14:12
the pioneers and the beneficiaries of AI strategies and practice.
14:18
Matt: Isn't it fascinating to watch the adoption curve of all kinds of
14:22
innovations and technologies, right? It always feels like whatever we're facing right now is new and could
14:26
be different and could break the mold and break what we're used to.
14:29
I'm a huge baseball fan and it's fascinating to me that when radio
14:34
became a thing a hundred years ago, baseball owners didn't want their
14:37
games on the radio because they wanted people to come to the game.
14:40
And then all of a sudden everyone listened to the radio, oh, wow, they listened to
14:43
the radio, they want to come to the game more often and we're getting more revenue.
14:45
So yeah, put it on the radio. And then TV came along and said, no, no, no, we don't want our games on TV
14:50
because they'll stop coming to the game. And so it's that old thinking that it worked and it's not old.
14:56
It's just it's proven in a different mode when other technology innovations didn't
15:00
exist, that innovation curve and helping, allowing ourselves to think differently
15:05
about things way easier said than done. And I feel like we're there with AI as well.
15:08
A lot of fear, a lot of uncertainty, a lot of wanting to hold on to what we know.
15:12
Which is, you know, the cat's out of the barn, right?
15:15
Like we can't unknow what we now already know about what AI is capable
15:19
of doing, let alone what's going to be announced this afternoon, tomorrow,
15:22
next week, it's moving so fast. Anastasia: It's moving at a light breaking speed and it's certainly
15:29
exciting to participate in this wave.
15:31
You and I have been around the block for a few years, so it's
15:34
not the first wave for us. And so adapting and adopting this new technology is really key.
15:40
It will be fascinating to see what impact AI is going to continue having
15:46
on SaaS which is where you and I have a lot of business in and so AI is going
15:51
to be basically creating software for us and that's fascinating to watch.
15:56
I am an advisor and mentor at UC Berkeley here, Startup Accelerator
16:05
and we just released a new cohort of entrepreneurs and with their startup
16:11
ventures that got funded and most of them are focused on AI applications.
16:17
It's here and it's here to stay. And so we need to embrace it and drive the change forward.
16:23
I'm really excited about using all the tools and helping companies
16:27
drive efficiencies and, effectiveness in their go to market strategies.
16:32
Matt: We're not old Anastasia. We're experienced and wise.
16:34
That's the pivot. That's the angle I choose... over the years we've seen people that are digital natives that are mobile natives
16:40
that are just used to this, that didn't have to pivot and we're well into what
16:44
I would consider the AI natives, right? Like the kids that you have in The Accelerator in Berkeley where they've
16:50
been playing with from the beginning. It is part of the initial set of tools.
16:54
And it's going to be exciting to see what they come up with.
16:56
What they innovate. It's not all going to work. It's not all going to be successful.
16:59
It's not all going to launch, but this is how we learn.
17:01
I'm excited for you being at the front end of that, being able to see that
17:05
firsthand, it's going to be pretty cool. Anastasia this has been awesome.
17:08
I know we've covered very quickly, a lot of ground here.
17:10
If people want to learn more from you and more about you, where should they go?
17:14
Anastasia: Well, I'm definitely on LinkedIn or send me an
17:17
email at info@boldgrm.com.
17:20
Matt: Awesome. Awesome. Anastasia. Thanks so much for being here with us today.
17:23
Thank you everyone for listening and watching another episode of
17:26
Sales Pipeline Radio in the books. Look forward to seeing you all next week for more of the same.
17:31
My name is Matt Heinz. Thanks again for joining us on Sales Pipeline Radio today.
17:34
We'll see you next time. Take care.
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