Community-Led Growth (or, How to Host a Million-Dollar Event) - Mike Rizzo
B2B communities are everywhere these days.
It's easy to forget that 10 years ago, it wasn't nearly so easy to connect with peers, ask for unfiltered recommendations, celebrate wins, and commiserate about dumpster fires.
Mike Rizzo has made community his career - both in developing B2B customer communities and in building the top community of practice for marketing operations.
In this episode, we examine how B2B companies can leverage community as part of their GTM strategy, what makes a community tick, and the inside scoop on what it took to host MOps-Apalooza.
Thanks to Our Sponsor
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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.
About Today's Guest
Mike Rizzo is a career marketing operations professional passionate about community. In 2017 he also founded the growing community of MO Pros - a place where thousands of Marketing Operations Professionals connect, collaborate and help elevate the practice of Marketing Ops. He is also the co-host of the podcast called Ops Cast.
https://www.linkedin.com/in/mikedrizzo/
Key Topics
- [00:00] - Introduction
- [01:42] - Why start a MOPS community?
- [05:17] - Community is like a product
- [08:40] - Each community is a vibe
- [10:40] - Maturity of marketing ops vs. sales ops
- [16:37] - Lack of strategic MOPS leadership roles in the marketplace
- [19:13] - MOPS pros should be like product managers
- [21:08] - Community-led as a GTM motion
- [25:40] - Balancing community and economic concerns
- [33:22] - MOps-Apalooza
- [39:59] - What motivated Mike to put on the event?
- [42:26] - The future of marketing operations
Resource Links
- #1 Marketing Ops Community & Private Network | MO Pros - Official site for the MO Pros community
- Ops Cast - The Ops Cast podcast
- MOps-Apalooza 2024 - Marketing Ops - Website for MOps-Apalooza 2024
Learn More
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Transcript
You're listening to RevOps FM with Justin Norris.
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:Mike Rizzo: Most of
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:Justin Norris: our go to market
motions in B2B tend to have these
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:predatory metaphors associated with.
5
:We talk about capturing inbound leads
or hunting down outbound prospects,
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:but community is something different.
7
:It's something so valuable that
people will go and voluntarily
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:spend hours of their week there.
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:Make it a real part of their lives, even
pay, in some cases, to be a part of it.
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:So we know from experience that
communities are valuable to participants.
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:The question for me is, what does it
mean for a company to be community led?
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:How do businesses derive value from it?
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:What does it mean when the
community is the business model?
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:To help answer these questions, I'm
chatting today with Mike Rizzo, the
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:man behind the MoPros community.
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:And marketingops.
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:com as well as the
Mopsapalooza conference.
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:Over the past seven years, Mike has forged
an incredible network and platform and
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:really become one of the main voices for
marketing ops out in the world today.
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:So, we're going to dig into all of that.
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:Mike, it is great to finally
sit down with you on the show.
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:Mike Rizzo: Hey, uh, I
appreciate it, Justin.
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:I would argue I am less a
voice for marketing ops and
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:more of like the megaphone.
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:The mascot.
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:Yeah, I'm fine with that.
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:As long as we get attention for the
criticality and importance of this
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:vocation, we can amplify through
all the other great work that
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:people are doing, like That's a win.
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:Well, I
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:Justin Norris: think you certainly
are achieving that, and I want
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:to go back to the origin story of
Mike Grizzo, the mob's superhero.
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:What radioactive spider
were you bitten by?
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:No, I mean, I saw, as I was looking at
your bio prior to this show, it reminded
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:me that you've been running the Slack
community for seven years, which blows my
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:mind, as I think I joined it fairly early
on when it was still relatively novel
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:that there were these Slack communities.
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:What led you to do this?
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:Why did you do it?
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:What is
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:Mike Rizzo: motivating you to do this?
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:I would say there wasn't a formal motion
in place to say, Hey, this is a community.
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:In fact, community wasn't really
on the tip of the tongue of most
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:B2B SaaS technology companies,
let alone practitioners.
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:When I started the Slack channel, the
reason for starting the Slack channel
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:was purely that I was a team of one.
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:And every time I was trying
to talk about a problem I was
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:having with some technology.
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:Or some integration or even a process.
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:I was trying to sort of massage
to fit the needs of our business.
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:Most of the team members around me didn't
necessarily understand the intricacies
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:of what I was trying to deal with.
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:And so I started this channel on Slack.
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:At the time I was at a company known
as Mavenlink, now known as Contata.
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:And I think at the time
Slack was new on the scene.
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:And so I was like, Oh,
this is a free tool.
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:Maybe I can find other people to
hang out and talk shop with since
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:we can all download this app.
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:And eventually I met people as I went
to these conferences that were doing
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:what was deemed marketing operations
and I wrote a blog post about it on
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:Medium, positioned it as a place for
anyone from any background to come and
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:talk shop in hopes that I would find
more friends because the team had won.
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:And it wasn't until 2019.
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:When, pre pandemic, all of a sudden I had
5, 10 or so requests to join, like, that
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:Medium post that I wrote suddenly got
traction, and people were reaching out
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:to me on LinkedIn asking for an invite.
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:And so I don't know if it was a Google
algorithm thing, more active searches
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:happening, or a need in the market,
or some Mix of all of those Venn
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:diagram overlaps happening all at once.
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:Being in automation, I had to
figure out a way to streamline
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:that invite process a little bit.
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:As I couldn't do one to one invitations
for five to ten people a week or more.
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:And we took off at that point.
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:I wrote a post about it, and someone
that I think many of your listeners
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:would probably know is Sarah Mera.
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:She saw it, and also mentioned it.
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:And then We grew 110 people a month.
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:We're joining and it's been
consistency since:
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:And so the fun last part of
that story is I actually had
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:boomeranged back to Mavenlink.
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:And at the time when this was
happening, so I had gotten off and
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:done other roles and growth marketing
and worked at an agency for a minute.
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:And, uh, ended up back at
Mavenlink as this thing was
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:suddenly starting to take off.
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:But the difference this time at
Mavenlink was I was in a community.
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:So I was actually brought back
specifically to build out a
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:B2B customer community and
customer advisory board program.
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:So I'm very community minded, which
meant that I got to experiment with,
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:well, what works in community of
practice versus a customer community.
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:And I tried things in both places.
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:Eventually I was given the opportunity to
go spend at least a third of my time on
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:what eventually has become marketing ops.
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:com.
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:And, uh, now is much more
than a third of my time.
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:Is founding a
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:Justin Norris: community just a matter
of getting the right people in the
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:virtual room and letting them have at
it, or do you have to do specific things
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:to cultivate interaction and engagement
before it becomes self sustaining?
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:Mike Rizzo: Yeah, it's a bit
like building a product, right?
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:You have a hypothesis, a problem that
needs to be solved, and you go to market
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:and you do user interviews and you say,
what is it that you feel is missing from
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:either the thing that I'm endeavoring
to build or that I've started to build?
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:What would be better?
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:And you get that feedback in that market
validation time and time again, and
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:eventually you land on something that
resonates and over time, word of mouth.
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:Ideally, press marketers is what grows it.
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:And that means that it is a
mix of sort of a magic moment.
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:There needs to be a need and a
problem to solve in the market.
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:If you've got a product and
there's no problem to solve, then
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:it's not going to go anywhere.
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:And then it does have to be the
right people using it and getting
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:the right type of value out of
the thing that they're doing.
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:And so you think of community
like a product in that regard.
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:There's quite a lot that has to.
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:Most of it though is just talking to
people and asking them for their input.
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:And, and then creating programs
that sustain that value.
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:One of the things that is helpful
for those, perhaps thinking about
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:building a community is first, I,
I sort of said it already, but like
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:identifying, in our case in marketing
hops, there's lots of problems.
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:There's always something to solve,
but the actual problem is that you're
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:usually not able to communicate
with someone else that is a peer.
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:At least historically speaking,
that wasn't the case for lots of us.
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:It's pretty rare even today, I think,
to have more than a team of two.
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:You know, our data suggests that there's
larger teams out there from our research.
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:And so the real problem that we're
solving is elevating the knowledge
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:share and accelerating your
ability to grow in your career.
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:When you start thinking about the people,
even though we're talking a lot about
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:technology, especially communities of
practice, your focus is about enabling
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:the practice and the people behind that
practice, which means you rapidly get
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:into things that people really care about.
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:Salary, roles, tenure,
all kinds of things.
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:If you can identify those things and
speak to your audience, right, if
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:you're a product person, it's your
potential customers, community, it
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:would be potentially your members.
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:You can go build to solve for the pains.
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:Justin Norris: For me, I take it
for granted now, but you're right.
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:I mean, prior to having these sort
of professional communities available
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:to me, I couldn't go and say, Hey,
has anybody used tool X and get
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:like really valuable feedback?
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:That's not, you know,
a paid promotion on G2.
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:That's not been edited
or filtered in any way.
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:Just real life user feedback immediately
or Do you all like for this use case or
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:how do you folks solve this problem or,
you know, none of that was available and
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:my usage of communities varies depending
on how busy I am and things, but just
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:it's always this hum in the background
of my work life feels very artless
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:and from my point of view as a user,
it's just like the people are there.
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:There's the channels.
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:It's a room and I'm going
to go hang out in it.
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:So it's interesting that there's
a lot of thought and craft
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:behind how that comes together.
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:Mike Rizzo: What I found and
perhaps you found it as well.
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:There are lots of communities.
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:There's RevOps communities There's another
really well known mops community and mops
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:pros that other folks spend time into
each have their own vibes Eventually you
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:gravitate towards the energy of one and
it sounds funny to describe a virtual
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:environment as having a type of energy
But it really does there's different
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:clicks and some are noisier than others.
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:We tend to take As much as we can, we've
instrumented rules in our community that,
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:as admins, we have a threshold of how many
announcements we can ever make in a week.
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:Whether they're self serving or about an
event or, you know, a webinar we're going
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:to host or whatever, we actually have hard
and fast rules for our team to follow.
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:And so we know we can't use
the at channel or at everyone.
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:Here, capabilities, uh, more than
just a certain amount of times,
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:we're very cautious about how
much activity we're trying to put
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:in and seed into the community
because this location is very busy.
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:We want to just be there, as you
said, humming in the background.
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:And then you might end up finding
yourself gravitating towards one that
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:just is popping off all the time.
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:And that's great.
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:There's.
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:A little bit more art behind the
scenes to the way that we try to
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:moderate and manage the group, too.
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:You also have to be cautious.
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:You have to watch.
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:I don't have any white, bold text in my
slide ever, in any of them that I'm on.
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:Doing something they shouldn't
be, they'll get kicked out.
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:Right?
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:And so there's a whole piece to that, too.
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:You have to have rules.
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:And you have to have ways
to enforce those rules.
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:And you have to encourage
members like yourself to tell us.
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:Or to tell the person who's the bad actor.
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:That's against the rules.
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:We, I tell all, anyone
who ever messaged me.
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:Somebody did something
they shouldn't have done.
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:You are also empowered to say this.
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:If you feel comfortable, you
are not required to do so.
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:But if you feel comfortable,
you absolutely should take
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:responsibility for making sure
this is a safe place for all of us.
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:But otherwise, don't worry about it.
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:I
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:Justin Norris: want to look a
little bit at the focus of the
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:community from a subject point of
view, which is marketing operations.
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:And it's this thing that we do, and I
want to just Dive into your perspective,
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:the function and maybe a useful foil
to start with this comparing marketing
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:operations to sales operations.
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:So I see is sort of the older
sibling or older cousin.
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:Where do you view mops in
terms of its evolution?
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:It's maturity.
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:It's kind of centrality
within the business.
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:Where are we at in terms of
marketing operations today?
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:Mike Rizzo: Oh, it's a good question.
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:I just did a post positing that admins,
for lack of a better description of a
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:role and a function, should actually
be considered product managers.
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:Ties in very nicely to this
aspect of comparing marketing
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:operations to sales ops.
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:I would agree, I think it's
an older cousin or sibling.
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:I think deal desk, some of the technology
that's happened inside of the sales
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:ops ecosystem, there's certainly a
lot of supporting solutions there,
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:but fundamentally they're pretty
focused on one particular aspect
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:of that buyer's journey and the.
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:Interesting thing, I've actually
shared a graphic about this before
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:as well, is that marking operations
is actually required by nature.
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:Look from the, even before the funnel, the
pre funnel, the awareness building piece.
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:You're supposed to figure out how do you
enable tracking, reach, identification,
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:ideally, of your ICP, your buyers.
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:All the way through to the end, and really
there is no end in a lot of businesses.
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:When somebody becomes a customer
and is potentially up for renewal,
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:becoming an evangelist, etc.
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:Your job in this vocation is
often to think about that in the
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:entirety of that underlying pieces.
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:The foundational aspects of the
data, the technology, the people,
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:and the process that goes into
enabling that full funnel view.
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:And that isn't true of
any other organization.
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:role operationally anyway, specifically,
for example, and if you think about
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:the rev ops umbrella, if it's truly
a rollup as we all aspire it to be
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:of client success, ops, sales ops,
and marketing sort of underneath
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:this categorical rev ops umbrella,
CS operations and sales operations.
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:As I said a moment ago, sales ops is
a very specific piece of that funnel,
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:and so is the client success part.
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:Tremendously important to the
entire business itself and the
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:customer journey, and intricately
unique and complex to deal with.
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:It doesn't mean that marketing ops is
harder, it just means that Marketing
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:Ops has to look and interact with
those two other vocations in ways
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:that those other vocational roles
may not actually be interacting
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:with each other or marketing Ops.
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:I have yet to interact with a sales
Ops person trying to like stop
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:and say, have I ever and that just
could be a symptom of my having
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:not worked in enough organizations,
but around somebody in a sales Ops
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:function or another operational role.
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:That said, Hey, tell me about how
that, you know, analytics funnel
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:journey really worked for this
particular group of customers.
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:I kind of want to know where they started
and where they ended up after they ended
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:up going through our sales process.
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:I want to surface that information
back to our sales team and talk about
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:where they could go back upstream
to go find more customers like them.
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:I have yet to have them ask that
question directly to anybody else.
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:Marketing never
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:Justin Norris: stops.
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:I mean, that's what Hits
me from what you're saying.
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:It's from the beginning, potentially
through the sales process, depending on
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:the company, but that's not uncommon.
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:And certainly with customer
marketing, it carries on forever,
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:potentially, until they unsubscribe.
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:From lead capture to unsubscribe,
we're with you all the way.
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:And yeah, that is unique, you're right,
it's cyclical, it's ongoing, so that
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:part's unique, not to be morbid, but
if we thought with the climate of
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:layoffs happening here, if you put
the proverbial gun to the head of
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:the CEO and said you can get rid of
marketing ops, you can get rid of sales
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:ops, who are you going to get rid of?
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:They choose to keep sales ops.
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:And why?
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:Assuming that the intuitive
perspective is correct there.
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:Why is mob still perhaps not
perceived as central to the business,
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:despite having a much broader
scope, as you just pointed out?
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:Mike Rizzo: Yeah, I would say it is
a symptom of just like human nature.
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:You're in sales, you're associated
to sales, sales means sales.
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:And you're closer to the dollar, closer to
earning that paycheck from our customer.
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:And so, you know, it makes
sense that sales needs help.
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:Sales always needs help.
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:They're always asking for more
things, and well, sales ops does
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:those things, at least some of them,
so I'm going to keep that function.
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:So it's
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:Justin Norris: really a reflection
of the relative priority of
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:marketing versus sales, in some ways.
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:I
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:Mike Rizzo: think it is, in some ways.
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:Because sales is considered more
important than marketing, then their
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:Justin Norris: ops function is also, to
some extent, considered more important.
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:I
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:Mike Rizzo: think often
that can be the case.
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:I mean, sales is a very difficult
job and it takes some very unique
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:skills to be able to close deals
no matter what industry you're in.
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:It's relationship building and
understanding the products, the needs and
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:the pains of the buyers and addressing
those and selling that service or product.
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:And, you know, marketing needs to
understand, go back to the P's, right?
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:Pricing and positioning the product
and all these things, right?
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:And we have to figure out how to identify
the audiences and Sales does a bit of
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:that too, but it just feels more nebulous.
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:And sometimes, I mean, that's
why there's the ongoing debate
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:about attribution, right?
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:Like nobody's ever going to figure it out.
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:Quick hint there, everybody.
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:Just stick to your version of
attribution and you've done well.
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:You've done it.
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:You nailed it.
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:I also
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:Justin Norris: find, like, I
look at a lot of different job
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:descriptions just to, like, understand
what's going on in the market.
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:It's just something that interests me.
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:There's a good number of VP
RevOps or Senior Director of
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:RevOps type roles out there.
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:They usually are just
referring to sales ops still.
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:I think that word is becoming
increasingly corrupted.
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:The roles themselves, the way they're
described, sometimes I read them and
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:I'm like, what's the sales leader doing?
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:Because it feels like it's describing all
the ops stuff, and then a lot of the sales
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:stuff too, like sales strategy, go to
market strategy, those high level things.
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:And then I compare, and A, almost
never see a VP of marketing ops
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:roles, there's like half a dozen
of them, you know, in the world,
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:maybe more, but still not that many.
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:And B, they're still, those roles are
still very technically oriented, they're
313
:not saying like, We want you to work
with the CMO on marketing strategy.
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:Sometimes they do, they can see blended
roles, but even then the strategy is
315
:not, it's like the operational strategy
rather than like, no, we really mean
316
:like, work on the marketing strategy.
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:So is there an extent to which, maybe
it's just the nature of marketing and
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:sales and how they are different, but
an extent to which marketing ops is
319
:less close to the heartbeat of strategy.
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:Mike Rizzo: Then sales offices.
321
:Fascinating that we're
still seeing that trend.
322
:There's been an evolution over
the last decade plus right in the
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:category of the traditionally named
marketing operations role, and I think
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:we're reaching a new tipping point.
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:There's been a sort of a well established.
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:Norm for what does it mean
to do marketing operations?
327
:More or less, right?
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:We have the pillars introduced.
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:Daryl Alfonso Introduced additional
pillars and a restructuring in a way
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:to think about that at Mopsapalooza
last year I think that's a natural
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:evolution of where this is headed and
We as a community of practitioners.
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:We're all In our tenure of doing
marketing operations and go to market
333
:systems, we're reaching for lack of a
better way to validate someone's role
334
:in market is sadly age is a factor.
335
:It's a human thing.
336
:For whatever reason,
you see someone who's.
337
:Younger in their years of life and often
and incorrectly often, you assume that
338
:they don't have experience and that's
sometimes true and sometimes they've
339
:just got really great innovations
that they could bring to the table.
340
:And so you exercise caution.
341
:But just to get back to the point of
time and role and our age, literal
342
:page that's favoring this move towards
discussions that are more strategically
343
:focused, And I think as a community,
we're doing a nice job of saying, hey,
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:we should be involved at the earliest
possible stage of your go to market ideas.
345
:We can talk about what is the
art of the possible and the tools
346
:that we currently have in place.
347
:How do we actually
implement a go to market?
348
:And I think we're doing a nice job of
getting closer to those conversations,
349
:but we have to continue to educate
the executives that are building these
350
:businesses and the board members and all
those that are involved in some of these
351
:strategic decisions, the vocation and that
it's much less an administration and much
352
:more management of a go to market system.
353
:It is a product in and of itself.
354
:You built a SaaS company today,
and you hire product managers.
355
:They are interviewing your users, trying
to understand the pains, understanding
356
:whether or not a potential solution
and feature should be introduced to the
357
:market or not, and they're eventually
working in project managing with the
358
:developers to bring that product.
359
:Your marketing operations team
is doing the exact same thing to
360
:enable your business to reach new
markets or stay within a market
361
:and enrich that experience.
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:Their job is to figure out how to
enable your sellers, your marketers,
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:and your leadership team to have
that visibility and help you execute.
364
:And then they have to project manage
the implementation of all that,
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:whether that's with service providers
or internal teams or what have you.
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:They have to identify all of those
things and it's running a product.
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:When you start thinking about it
strategically in that way, introduces a
368
:new concept for executives to say, Ah, I
need a technologist, I need a strategist
369
:to help me figure out how to use all of
the tools, the 11, 000 plus tools that
370
:are out there, which ones do I use?
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:Justin Norris: I think the product
management metaphor approach, it's not
372
:even a metaphor, I think it's a reality.
373
:It's spot on.
374
:I want to think a little bit about,
back to the idea of being community led.
375
:There's two different
models of this, right?
376
:There's like creating a community as
a business with things surrounding
377
:it, whether it's a paid community or
a free community with paid add ons
378
:like marketing ops or like pavilion
or there's a few others out there.
379
:You see them all the time.
380
:People get a lot of value out of them.
381
:So it's like that approach where
the community is the product.
382
:And then there's what maybe is interesting
to lots of people, but the idea of being
383
:community led, where the community sort
of is the go to market motion for a
384
:software product or maybe a consulting
business or something like at my company,
385
:360 Learning, we have a community,
so it's a part of our go to market.
386
:I'm curious, what is your perspective
on what it means to be community led?
387
:Are there companies that are doing this
literally as their sole go to market?
388
:Is it a supporting factor?
389
:When is it appropriate?
390
:When is it not?
391
:What should somebody think about if
they're like, we should start a community?
392
:Like, should they?
393
:What to
394
:Mike Rizzo: consider?
395
:Yeah, things to consider.
396
:Let me make a couple of recommendations
for material that I learned from,
397
:that I found incredibly helpful.
398
:There's an organization known as Feverbee.
399
:And it's a consultant out in
the space of community building.
400
:Tons of research, really.
401
:Great resource to start
absorbing some content from.
402
:Gentleman by the name of
Jono Bacon, that's J O N O.
403
:He wrote a book called People Power.
404
:Also an excellent resource to think about
how to learn and consider communities.
405
:And then there's a community
for community builders.
406
:There's a few of them,
but the first one is CMX.
407
:They are now owned by a platform known
as Bevvy, so they were acquired a while.
408
:popularized a framework called spaces
and it helps you sort of orient yourself
409
:around the type of community in certain
cases it's like a support community for
410
:example would be what the s stands for
support community is perhaps driven by
411
:some KPIs related to reducing caseloads
and tickets And support type because
412
:you're building a knowledge base.
413
:And so the programs that you instrument
there would be about knowledge forums.
414
:And how do you get people
to contribute to the forum?
415
:And what are the systems and the rewards
and the badging and the gamification
416
:and the model around creating a better
support environment that alleviates the
417
:burden your own internal support staff?
418
:Justin Norris: Would you
consider the Mercado community
419
:to kind of be in that niche?
420
:Mike Rizzo: I would consider it To
fall closer to a support oriented
421
:community for sure at scale.
422
:Right?
423
:These enterprises can't provide, you
know, one to one support indefinitely.
424
:Right?
425
:And so you have to have forums that
are sort of knowledge base oriented.
426
:That means you have to try to
figure out ways to make that
427
:really easy for folks to discover,
utilize and ideally contribute to.
428
:And so when you're thinking about
the idea Should I build community?
429
:Look at the spaces model, consider
first what type of community it is
430
:that you're trying to build, and then
identify whether or not you as a brand
431
:should be tied to it very directly.
432
:Like a good example of being tied pretty
darn directly is the inbound movement.
433
:There was a period of time where inbound.
434
:org was a thing.
435
:It was very clearly owned by HubSpot.
436
:Like, no one ever shied away from
the fact that this is a HubSpot.
437
:And they leaned into that.
438
:They popped their eyes to this motion,
they created a community and an ecosystem
439
:for it, and they owned it wholly.
440
:Perhaps one that's, like, less clear,
uh, Wizards of Ops is a great community.
441
:Most people don't realize that's
actually run by a software company.
442
:Because they do such a great job of
keeping those two entities very separate.
443
:And they do that with great intention.
444
:They don't want you to feel like
you're joining their community to
445
:suddenly be sold their products.
446
:Because their community is a community of
practice focused on this operational sort
447
:of rev ops, marketing ops, conglomeration,
wizards of ops is the name of the thing.
448
:And they've got, product
came later anyway.
449
:And so they're like, hey,
that's not what this is for.
450
:And I think any time you start to
tiptoe back and forth across those
451
:lines by accident, you can very quickly
lose the trust of your community.
452
:So the intentionality with which you
build that really matters right from
453
:the get go and staying very clear.
454
:So that your buyer, whether that's
your customer in a support oriented
455
:community, etc., or your community
member, is very clear about the
456
:fact that I'm here, I trust.
457
:This type of relationship and
you're not going to like pull
458
:the rug out from underneath you.
459
:How do you
460
:Justin Norris: thread that needle
though of let's take Wizard of
461
:Ops, which I think Sonar is the
company or the product behind it.
462
:You could argue that on the one
hand, the separation of church and
463
:state is good for the community.
464
:It feels like a very vibrant, independent,
almost grassroots place, which is awesome.
465
:Keep them two separate.
466
:All of a sudden you say, where is the
benefit to Sonar of continuing to do
467
:that outside of just the altruistic
benefit of providing that space?
468
:There's a huge difference
between like using the community
469
:as shooting fish in a barrel.
470
:Like, I think we all know That should
be a no for a real community that you
471
:shouldn't just use it to like identify
sales signals and stick your BDRs on them.
472
:But still even just to have the
brand present to be sponsored by
473
:to at least affiliate some of those
positive sentiments back with the
474
:parent brand or the parent product.
475
:How do people thread
476
:Mike Rizzo: that needle?
477
:It's very difficult.
478
:It should be easy.
479
:What becomes difficult is the
practicality of running a business.
480
:Like there's a very practical question
that needs to be answered which is
481
:We're spending money and people's
time resources, which time is money
482
:and managing this asset to the brand,
you know, much like a lot of brand
483
:marketing has intangible value, but is
critically important to your organization.
484
:It's a little hard to draw the
line between does that community
485
:derive additional dollars.
486
:And so the solutioning, the business
level, when you're looking at, if I was,
487
:you know, an investor and for example,
like sonar, they have clearly taken
488
:really good leadership internally and
they've got great, what I would imagine
489
:sounds like her great partners and
investors that believe in their motion.
490
:There's a chance that you build
this thing and suddenly someone
491
:at the board level is going.
492
:Why are we spending 300, 000
a year to manage this thing?
493
:You know, what is it doing for us?
494
:And the answer to that question is
not going to be very black and white.
495
:It's not going to be clear, right?
496
:And, uh, and I think threading
that needle is one that Has to be
497
:done with very like delicate hands.
498
:It is great programs that perhaps
enable your organization to be reflected
499
:positively in different discussions.
500
:I can tell you just from my
experience when I was at Mavenlink,
501
:customer community, it was a
support oriented community.
502
:Actually rolled into the
customer success team.
503
:Marketing very quickly and really
leadership in general was, well, how
504
:do we cross sell and upsell in here?
505
:That's it.
506
:This isn't working!
507
:That's not what this is for.
508
:There's a totally different motion
for this if we want to do that, right?
509
:Let's be intentional.
510
:Either we're going to create
an environment that's all about
511
:productizing our product, or we're
going to create a support environment.
512
:But a hack, perhaps.
513
:An idea.
514
:Brain and the value of the products alike.
515
:Is to bring in your partners, your
experts and say for the next 60
516
:days, we're going to prop you up
as the foremost expert of Maven.
517
:All you have to do is be available
to answer the questions that are
518
:being posted to the forum and
you just have to answer them.
519
:It's great.
520
:FaceTime for you in
front of our customers.
521
:We are going to tee them up with potential
questions that you might be able to solve.
522
:You might even be able to
do a few posts yourself to.
523
:Show them the art of the possible.
524
:Inevitably, you're creating an environment
that reflects positively on your products.
525
:It gives your partner a chance to earn
some business, and ultimately, hopefully
526
:drives additional adoption of the features
that perhaps the customers weren't using.
527
:And that's being helpful.
528
:And that's a support oriented thing.
529
:I think there's ways around it, and you
can create programs that don't feel icky.
530
:I think
531
:Justin Norris: the support and product
related community, it's easier,
532
:because there's a really clear line
of sight, there's gamification.
533
:Like I've come up through the Marketo
community and getting those badges getting
534
:to the top of those leaderboards was
a Significant aspiration in the early
535
:days or you have someone like Sanford
Whiteman with his 25, 000 probably closer
536
:to 30, 000 posts or whatever it is with
a community of practice I mean, that's
537
:the motion that we're taking right now So
we've developed a community practice for
538
:learning development, and the personas
that use our product, but it's for all,
539
:use our product, don't use our product,
and it is a difficult thing, because The
540
:way I'm thinking about it, and tell me
if you think this is accurate, is you
541
:almost want to feel like the brand is
The host of the party and they're there
542
:in the background and they're welcoming
you, they're ensuring you have a good
543
:time, but it's not in your face and it's
certainly not selling to you and you want
544
:to feel like, almost like the community
is a form of nurturing, like the idea
545
:of email nurturing, that you may not use
our product today, you may not be ready
546
:to use our product today, but if you can
develop a relationship and trust with me,
547
:Be open to using your product when the
time comes, when I need to reconsider.
548
:And just through becoming their partner
on their journey professionally,
549
:whatever software you use, now achieving
that, executing that well is hard.
550
:That's sort of like my
personal thought about it.
551
:Is that realistic?
552
:As a way of thinking about a community
practice that's sponsored by a vendor?
553
:Mike Rizzo: Yeah, yeah, I think so.
554
:I think it's a nice way to create
that relationship and think about
555
:that relationship with the brand.
556
:The question, I think naturally
for those that are paying attention
557
:in the community itself, is there
an apprehension to mentioning any
558
:other competitive product inside?
559
:If they don't feel comfortable enough to
mention a competitive product, neither
560
:here nor there, maybe that's a good thing.
561
:A community of practice in its truest
form would be that, what would happen
562
:if someone from a competing product
line said, hey, we want to get involved,
563
:is there stuff we could do together?
564
:Naturally, you know, 360
might say this is ours.
565
:Like you can't run a webinar with us.
566
:That's okay, because you control the
experience doesn't mean that others
567
:can't also talk about it, right?
568
:Do you encourage it?
569
:Do you create programs to say,
Hey, let's talk about some of these
570
:other challenges that you're having?
571
:The further you head in the direction
of I actually am very well aware of
572
:the fact that there's lots of you
using other products that are not
573
:ours, and we're just going to lean into
that and allow that and support it.
574
:You can create even more trust and,
and perhaps lurk, right, on the, well,
575
:how do we address those pain points in
the rest of our messaging up market?
576
:But that is
577
:Justin Norris: scary for
people, even if that's the plan.
578
:Speaking of the proverbial board
member sticking their nose into plays,
579
:like, Oh, I was in our community and
they're talking about our competitors.
580
:Shut it down.
581
:Like, you know, those more old
school mindsets, I think, can easily
582
:emerge in reaction to those things.
583
:Mike Rizzo: My message there
is it's going to happen anyway.
584
:You said it at the top of this, right?
585
:You said, Hey, there's this.
586
:I take it for granted that I can
go and ask about the usage of
587
:a technology or recommendation
of something to solve my needs.
588
:Yeah, you can do that.
589
:In fact, they could probably do that too,
because now they know 10 other people that
590
:they've seen in the chat and they're just
going to go off into the LinkedIn ether.
591
:You can't stop
592
:Justin Norris: it.
593
:You might as well be
able to watch it happen.
594
:Mike Rizzo: So you might as well
watch and observe silently and in fact
595
:support and just say, Hey, it's okay.
596
:You're not our buyer today.
597
:Maybe we'll be in the future, but
you'll remember us as creating
598
:an environment that supports you.
599
:If you've got clear goals,
right, as a business, you want to
600
:grow 30 percent year over year.
601
:That means that The vast majority
of the people that are engaging
602
:with your brand and looking at
it, they're not in market to buy.
603
:You have to know that.
604
:They're not going to buy.
605
:They're going to talk about your
other products, and so why not just
606
:be the supporting ecosystem that
allows that to happen and assume that
607
:you're going to try to go capture a
percentage of the market that's in
608
:market, facilitating that experience.
609
:You're not going to get 100
percent of it, so just be
610
:Justin Norris: there.
611
:Makes perfect sense to me, but I think
it's an evolution for a lot of people.
612
:I want to talk about Mopsapalooza, because
you did this crazy thing this year.
613
:You hosted a
614
:Mike Rizzo: conference.
615
:It was really crazy.
616
:It's really
617
:Justin Norris: crazy, and I, so I
want to give you my perspective.
618
:I wasn't able to go,
unfortunately, so I wasn't there.
619
:Mike Rizzo: But you're coming this year.
620
:I hope to, so that I can give the keynote.
621
:Absolutely.
622
:Justin Norris: Renouncing it.
623
:No, I'm just teasing.
624
:But I watched it unfold on LinkedIn
and heard the feedback and it was
625
:like this amazing thing was happening.
626
:And I remember chatting with you
shortly before it was happening and
627
:I saw what you were putting into it.
628
:It wasn't like this billion dollar
company doing this thing with 20
629
:events people and it's no big deal.
630
:They've all got it in the budget.
631
:You were doing this thing like.
632
:Out on a limb really making it happen
and to see the community embrace it.
633
:That was what struck me about it at the
time was that it wasn't just an event.
634
:It really was a community led event
in the sense that like all these
635
:people actually came together to
make it a thing and seem to feel
636
:like a sense of ownership around it.
637
:And the feedback I got from all
the people there was that it was
638
:really like that on the floor.
639
:So why did you do this crazy thing?
640
:What were your greatest fears?
641
:And I know this is 20 questions
in one, but like, how did you feel
642
:Mike Rizzo: seeing this thing unfold??
643
:First and foremost, the why.
644
:So, I always had aspired to
create something larger than
645
:our summer camp experience.
646
:Well, always is relative to the time in
which we started these events, I guess.
647
:So, like, my dream was
to host a big conference.
648
:It's in fact I had done demand generation,
marketing operations, and event
649
:marketing while at Mavenlink my first go.
650
:So I was the marketing ops and events guy.
651
:And I will tell you, hosting events to me
and getting things done is like chores.
652
:It's like a really painful thing
that I don't necessarily want
653
:to be responsible for when I was
doing it for these other companies.
654
:Ordering the internet, and the trash,
and the carpet, and the, all the things.
655
:There are people that love
that stuff, that checklist.
656
:That is not for me.
657
:And the reason is, the
community asked for it.
658
:We hosted summer camp.
659
:People loved these 50 person,
2 and a half day experiences.
660
:And we were really worried about
whether or not that energy, that vibe,
661
:that intimacy would break at scale.
662
:Fun fact, it didn't.
663
:We'll touch on that in a second.
664
:But while we were hosting these
things, they said, hey, Adobe
665
:really dominated the marketing ops.
666
:Community space and conversation.
667
:Marketo summit.
668
:And there's like very few
speaking sessions for us anymore.
669
:We want to showcase our
knowledge and our experience.
670
:And I said, that's all great.
671
:We can't do this just for marketa.
672
:It's not why marketinghouse.
673
:com exists.
674
:Pull a conference together, the
agnostic of the platform, and we're
675
:going to start talking about some
of the practices and stuff beyond.
676
:So they literally asked for it, and I
endeavored to try to figure out how to
677
:do that, and I said, while you and I
were talking prior to the event, and to
678
:many others, If anybody ever wants to
reach out and see what it takes to put
679
:these things on, I would be so pleased
to show you, because it's tremendous.
680
:Volm over at RevOps Co op,
another great community, is
681
:hosting an event this year in May.
682
:He's experiencing that now and guiding him
as much as I possibly can on the things
683
:that I journeyed through in the last year.
684
:I always said I should write a book on
how to throw a million dollar event before
685
:you ever do a million dollars in revenue.
686
:Because like, there was no world
in which we had done money.
687
:And I could not have done it if
the community wasn't asking for it,
688
:if they weren't hungry for sharing
their knowledge, if they didn't
689
:want to actually make it happen.
690
:You know, we asked everybody to chip in.
691
:They had to pay their
way, right, to be there.
692
:Speakers included, right?
693
:Hey, you might not have paid the same
price that others paid to join in the
694
:event because you contributed your
time and your energy and your content.
695
:We said, hey, we've got costs,
we've got to cover these things.
696
:And so, that means you have to have
the mindset of I'm invested in this
697
:community and I want to make it happen.
698
:And so when you did get to the floor,
it was incredible to go from what I
699
:had experienced with thrice over with
about 50 people in a room for two
700
:and a half days to now 330 people.
701
:Across these four rooms, 120 plus speakers
or what have you, the amount of folks
702
:that came up and said, This is amazing.
703
:It was so inspiring, and it was
definitely the hardest thing that
704
:I've ever endeavored to try to do.
705
:I didn't do it by myself.
706
:While we might not have had a team of
like budget aligned and 20 to help us do
707
:it, we definitely had a production team
that was Tremendous, the speakers said
708
:they were even better to work with than
some of the other big events they've
709
:spoken at, names of which events, but they
were just so complimentary of our team.
710
:And we're really excited to try to do it
again this year, but yeah, it's crazy.
711
:Going into it was the biggest learning
curve I've ever had in my careers.
712
:Justin Norris: It looks stressful,
but it was truly impressive.
713
:Also just the way that people
Really wanted to support it.
714
:We're talking about it felt invested
in it, even perhaps a bit beyond
715
:like the Marketo summit always
was people really got into it.
716
:Like, you know, there's the wall of
tweets and posts and you know, there's
717
:always that chatter and stream around it.
718
:But it just, yeah, seeing people
take ownership of this, that
719
:there was the hunger for it.
720
:It was really cool.
721
:I was impressed.
722
:I remember noting on this at the time
and even thinking like I have to have
723
:Mike on at some point and talk about it.
724
:I would pull this thing off because
just feeling so surrounded by it, you
725
:know, that's a real achievement when
you can kind of take over LinkedIn,
726
:or at least the corner of little
corner of LinkedIn that I inhabit
727
:Mike Rizzo: in that way.
728
:I don't see much the silos they create
on LinkedIn or their algorithm does it.
729
:Very good job niching us down and for
better or worse, I guess I appreciate
730
:words of encouragement and the feedback
It is a tremendous effort to just to
731
:get I always say when we work with other
brands and we work with speakers We say
732
:hey the faster you can get to the part
where you talk about how the cookies made
733
:The sooner this community will actually
pay attention because we don't want the
734
:fluff and so that sort of no BS Point
to make is it cost us about a million
735
:dollars We did not run it profitably.
736
:That is exactly what you would
expect from an event, right?
737
:We're not in the business of
hosting events for profits.
738
:We are in the business of creating
great content and community
739
:and elevating this vocation.
740
:If we come out in the black or
break even, that is fantastic.
741
:We did take a loan.
742
:For those that ever want to know more,
like, yeah, took a 100, 000 plus loan.
743
:I opened two other credit cards.
744
:I looked at taking a lien
on my house, because it's a
745
:significant amount of money.
746
:But this comes
747
:Justin Norris: back, Mike, to,
I didn't want to go there, but
748
:since you've mentioned it, the
why, like, why are you doing this?
749
:Like, you know what I mean?
750
:Like, the level of commitment, there are
easier ways to reach fame and fortune,
751
:and yet you are so committed to this
project, to put yourself out in that way.
752
:Do you just love marketing operations?
753
:Do you just love bringing people together?
754
:Mike Rizzo: Like, I do.
755
:I love the category.
756
:I love the people that I've met.
757
:In the last handful of years where this
has grown, I mean, yourself included,
758
:right, some of the best people I've gotten
to know, and that wouldn't have happened
759
:if any of this wasn't happening, and just
to echo back to what I was talking about
760
:with Matt, who's hosting his event, he
just posted last night, yesterday, someone
761
:sent him an email and said they got a job.
762
:Because of the community, right?
763
:And that happens all the
time in our community too.
764
:And it's the best feeling in the world.
765
:I know that we're helping without
knowing literally, like without getting
766
:emails from folks or DMs constantly
or even when it happens rarely.
767
:I know that's happening and that's what
matters from the business side of this.
768
:There's an opportunity here.
769
:We're generating revenue.
770
:I can finally pay myself
something this year, I think.
771
:Yeah, we're trying to treat it more like
a business and it's doing quite well
772
:from a year over year growth perspective
if you want to put the business hat on.
773
:It's been a double,
double, triple, triple.
774
:That's what we did in terms of revenue.
775
:And those first few years
when you're, if you go from a
776
:dollar to 100 percent growth!
777
:We did it!
778
:Yeah, we've done really
well as an organization.
779
:When you isolate the conference,
it did not run profitably.
780
:However, we did operate the business
in the black for the very first time.
781
:Just barely.
782
:But the reality is that I
still haven't paid my cell.
783
:And yes, it is a passion.
784
:So that means, in truth, a long road
ahead of us, but I think there's
785
:an opportunity here for us to
create the vocational platform of
786
:the future for this critical role.
787
:As a community, as many of the
leaders in our community are
788
:already aware, we're going to
create that certification program.
789
:That's bought into by the majority.
790
:Ideally, cross our fingers, knock on
wood, whatever you say, it is bought
791
:into by the majority of the community
that says this is truly what it
792
:means to be a marketing operation.
793
:When you establish that salaries go up,
a company goes, I need one of those.
794
:We've identified through conversation
year after year with the community that
795
:there's a need and there's something
that we should try to go fix together.
796
:I think to
797
:Justin Norris: my last question,
which is just the future outlook
798
:for marketing operations two to
three years from now,:
799
:Where is MOV standing at
that point in the world?
800
:Where are we as a discipline?
801
:What's changed from your point of
802
:Mike Rizzo: view?
803
:Hopefully some more VP
of marketing hostiles.
804
:I would say more senior leader,
potentially executive leaders.
805
:A shared understanding broadly about
the importance, the role as a product
806
:go to market systems manager and
strategy function, a certification
807
:program that establishes credibility,
and ideally a couple hundred thousand
808
:folks that hold that certification
809
:Justin Norris: program.
810
:Well, we'll check in and see.
811
:I hope that's the case.
812
:Thank you, Mike, for all you do.
813
:And fun learning about this.
814
:Appreciate the community and the
experiences that you've built.
815
:And look forward to speaking
816
:Mike Rizzo: with you again.
817
:Yeah, thank you, Justin.
818
:I really appreciate it.
819
:Justin Norris: Hey, everyone.
820
:I want to invite you over to
the RevOpsFM substack community,
821
:where you can sign up to get rough
transcripts, show notes, longer form
822
:articles, and other bonus content.
823
:Just head over to revops.
824
:fm slash subscribe to get free access.
825
:I'd also love to know what you thought
of the episode and to hear suggestions
826
:for topics you want to learn about, feel
free to leave a comment on sub stack or
827
:send me an email at Justin at revops.
828
:fm.
829
:Thanks for listening.