How To Explain Your Product to Hook Your Ideal Customer - Mitch Solway
Listen now
Description
Your GTM message has an incredibly difficult task: to speak to the people who will love your product and take them from a place of disinterest and zero context to a place of understanding and excitement. When done well, it’s pure magic. I think that every GTM and ops professional should be familiar with how to do this, and so I asked my old boss, Mitch Solway, to join me for a masterclass in messaging. Thanks to Our SponsorMany thanks to the sponsor of this episode - Knak. If you don't know them (you should), Knak is an amazing email and landing page builder that integrates directly with your marketing automation platform. You set the brand guidelines and then give your users a building experience that’s slick, modern and beautiful. When they’re done, everything goes to your MAP at the push of a button. What's more, it supports global teams, approval workflows, and it’s got your integrations. Click the link below to get a special offer just for my listeners. Try Knak About Today's Guest Mitch Solway is a 5x VP of Marketing who has led teams at Lavalife, Freshbooks, Vidyard, and Clearfit, among others. Today he works as a Fractional CMO for startups. https://www.linkedin.com/in/mitchsolway/ Key Topics[00:00] - Introduction[01:28] - How Mitch defines the hierarchy of messaging. He starts at the end, considering the outcome he’s trying to achieve. Then you can reverse engineer what you need to get to that point, starting with positioning, then copy, then messaging. [02:55] - The end result for Mitch is two stories: one broad, one narrow. The narrow story is targeted at your “Can’t Miss Customer.” This is your ideal customer. You need to understand everything about this person. Mitch calls this “Is this you?” marketing. You tell the prospect a story, and if you know them really well, your Can’t-Miss Customer will identify themselves in your message. Focusing on the person and their world vs. on your product. [04:55] - We don’t tell our customer’s story enough. We need to realize we are only 5% of the customer’s world - important to understand the other 95%. Interview your best customers, then translate those stories back to other prospects. [07:33] - The broad story. This is when you’re introducing something new to the market. You need to educate people to create a vision of an “inevitable future.” Getting the market to see the world the way you see it. Example of doing this with Vidyard using influencers to educate the market with a very low budget. [13:26] - Creating the “narrow story” for Vidyard. The litmus test for the narrow story is, can you get the person from no context to being excited in three questions. Mitch calls this the “context rollercoaster.” Examples of how this works in practices. If you can do this, you’ve found the “nerve center” that you need to touch on. [18:17] - Your product isn’t that important to the customer, most likely. Even if they use it, it’s just a fraction of their world. You need to show them that you understand their pain to spark interest. Example of why this is important in outbound. Example of how Mitch tweaked the messaging at Clearfit to better align with customer truths and how that message was conveyed in radio ads. [21:52] - Example of competing with ZipRecruiter on the radio. They had raised funds and were outspending 20:1. Mitch tweaked the messaging to turn the competitor’s strength into a weakness. [23:57] - Process for creating a messaging framework from scratch. Start with internal interviews with key stakeholders. 90% of that process is about internal alignment. For positioning, he uses April Dunford’s framework and conducts a workshop with key stakeholders. Prior to that workshop he interviews existing customers that the company wants to get more of....
More Episodes
There's a set of skills we rely on everyday at work, often without realizing it: how we think about problems, make decisions, market our ideas, manage up, give feedback...they're all part of the operating system of how we interface with the business world. I’m fascinated by these things both...
Published 06/03/24
Published 06/03/24
Running business systems at enterprise scale has some unique challenges—especially when that enterprise is Hubspot. Today we're fortunate to chat with Rich Archbold, whose team supports all GTM systems and automation at Hubspot, including Hubspot's own Hubspot implementation. This is a truly...
Published 05/27/24