Ian Faison & April Moh

Defining the Enemy When Rebranding


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[MUSIC]

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Welcome to Pipeline Visionaries.

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I'm Ian Faiz on CEO of Cast Me In Studios.

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Today, I am joined by a very special guest, April, how are you?

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>> Very good, Ian.

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Thanks for having me.

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>> Excited to have you on the show,

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excited to chat marketing at Kriba,

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your background and everything in between.

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Today's show is always brought to you by our friends at Qualified.

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You can go to Qualified.com to learn about the number one conversational sales

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marketing platform

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for companies that use Salesforce.

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Go to Qualified.com to learn more.

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April, first question, what was your first job marketing?

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>> Well, it's my first job in marketing.

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Well, my first job was in, I was schooled in the arts of PR.

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So my first job was actually working out of a PR agency.

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I spent probably the first half of my career,

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just specializing in public relations.

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>> Flash forward to today, tell us what it means to be CMO of Kriba.

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>> I talk about being the CMO of Kriba is just a real dream.

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Kriba is just such a wonderful company with a really strong product market fit.

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I think when it comes down to finding a company where you can be a CMO,

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Kriba is as good as it gets, quite honestly.

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There is this strong product market fit where the industry leader in the space

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that we play in,

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and coming into the space and being able to work with all of these wonderful

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pieces,

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that's been a real dream.

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>> Yeah, you and I were talking off air about Kriba because we've done some

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work with Kriba in the past.

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It's such a cool company because this idea of liquidity and what this mountains

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of cash

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that companies have sitting in their bank accounts that is doing nothing

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or even hidden where CFOs can't see it.

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Things like how their cash, everybody says cash is king,

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but it's like do people even know what their cash is doing?

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That when I first learned about that and learned about what Kriba does,

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I was just kind of blown away and I just something I'd never thought about.

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Well, like, yeah, that's a good point.

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What is happening with all that cash?

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You think these massive companies were sitting on piles of cash or companies

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that aren't,

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like everybody needs to figure this out and yet tons and tons of folks don't

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have it

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figured out yet. What an exciting place for you to be.

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>> It really is. It really is.

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We talked about our company right now going through a reflection period,

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we're rebranding ourselves and one of the big things that we're doing in is

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we're rethinking the way that we're telling the Kriba story and how we're

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defining that.

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And to your point about the invisible vote of cash that sits within the company

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that

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CFOs or Treasures may be not discovering at this point,

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we're realizing from our conversations with CFOs specifically that the real

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issue for

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not having that visibility is because they're gridlocked.

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They're gridlocked by systemic challenges, systems that are siloed,

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disconnected,

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not allowing them to see exactly where the idle cash is.

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And that is the problem.

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So through the rebrand, we really wanted to come up with something that was

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going to be,

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that was going to just elicit a visceral reaction from CFOs as the enemy.

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And we think we've come up with a perfect phrase for that.

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And we call that the liquidity gridlock.

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The gridlock that you experience being just stuck in hamstrung by disconnected

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systems,

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manual processes, really preventing people, CFOs and Treasures from discovering

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where

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their idle cash is.

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So yes, that is a real challenge and Kriba is here to solve it.

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It's so cool that you're able to come in as a CMO where you could see that

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problem from

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a new perspective.

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And it's funny because when I started working with Kriba and looking at this

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problem from

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a very similar perspective, like outside or coming in and saying like, hey,

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what is the

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challenge here?

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I love that idea of the gridlock and trying to figure out liquidity is the name

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of the

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game for Treasury folks and CFOs specifically.

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Did you hear that phrase come up over and over again from CFOs?

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Did you hear the frustrations around that when you thought about choosing a

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place for the rebrand?

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Such a great question.

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One of the things I did coming on board as the new CMO of Kriba was I started

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to speak to our

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customers.

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I wanted to understand what they loved about us and what potential challenges

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that they

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may have that we really needed to pay attention to.

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And over the course of the last six months, I've spoken to dozens of CFOs in

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particular.

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I will say that there are two themes that have repeatedly come up that really,

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really

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point us towards the whole notion of gridlock.

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So they talk about their biggest challenges as number one, just having

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disconnected

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siloed fragmented systems that are not allowing them to have a proper view of

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their financial

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sort of health of the company.

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That is of impact to the CFOs because they're accountable for the cash position

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their working capital positions.

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And so being hemmed strong by all of these systems is an area that has

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prevented them

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from having visibility, full visibility.

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Now, the second theme that has come up a lot is their recognition of manual

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processes as a

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challenge for them because it opens the team up to a lot of human error.

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So things like Excel spreadsheets, right?

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And it's still doing things and calculating things manually.

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That is a real thing amongst many finance teams today.

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So together when we think about systems and we think about manual processes,

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all of these things are hugely uncomfortable for CFOs.

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And in fact, one of the CFOs I spoke to mentioned that the notion of liquidity

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gridlock

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or the phrase liquidity gridlock is liberating for him.

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It's liberating for him because it is pointing towards systemic challenges

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that only the right software providers can solve, right?

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So the best of their ability to doing whatever they can.

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But there's this small part that's preventing them from outperforming the

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business strategy

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and it is that piece that Kariba fits into.

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I love that.

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That's really cool.

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Any other things that came up during the course of doing a rebrand and thinking

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through this stuff

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that you found particularly interesting or insightful?

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Yes. The one insight that I found really insightful.

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So when we think about liquidity, we're open to interpretation when it comes to

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liquidity.

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So different CFOs, sometimes even different treasures,

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they think about or define liquidity very differently.

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And for some CFOs I've spoken to, and these are probably the more classically

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trained CFOs,

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the ones who have risen to the very top positions from FP&A,

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starting from rising from VP of finance positions.

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I have noticed a trend where they tend to see liquidity as a department,

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that is liquidity being handled by the treasury department.

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And I then have met a different group of CFOs and these are the ones who don't

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come from your

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classic FP&A backgrounds. Very interestingly, we're seeing a lot of CFOs and I

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've spoken to a

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lot of them that actually came from consulting firms or departments that were

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handling strategy

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and transformation. And these are the ones that are looking at liquidity and

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defining that

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in a broader and much more, I think business contextual manner,

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then I have typically heard liquidity being defined.

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So that's been really eye-opening to me to see that even among CFOs,

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there's not a standardized view of the importance of liquidity for them.

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I wonder what that is for marketing. Maybe the word brand.

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Yeah, 20 marketers, every single person thinks of brand a different way.

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Oh my goodness, you're so right. So many of my counterparts probably view brand

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as look and feel,

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but then there's a school of us that really see brand as that anchor the

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nucleus from which

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a lot of what we do is built on. Yeah, that's probably exactly right.

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It made me think because I'm in the business of content and the two things that

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are always king,

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cash is king and content is king. And it struck me as I was thinking about this

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episode and

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how important cash is and liquidity specifically. I'm like, that's how it is

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for content too.

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Content's the same way, where it's like for some people, it's like content

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equals blogs and then

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for other people, it's this huge, every single part of your marketing is

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content because every

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single thing has someone that's either doing some design or some writing or

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some audio or video

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or whatever it is. Anyway, that's a really great insight of that if people don

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't even agree on

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what the word means to begin with, then how do you even address the word?

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That's exactly right. That's exactly. And that has really inspired us to think

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about

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ourselves as evangelists in the art of liquidity for the enterprise and

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thinking of how do we

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actually use what we do on our platform to help CFOs and Treasures connect

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liquidity to their

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most strategic advantages. So it's not just liquidity in terms of identifying

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your assets

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and how to convert that into cash, which is the economical definition of

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liquidity.

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But more importantly, what do you do with it? How do you grow your business

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with it?

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And how do you outperform your business strategy? And that's where we're

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heading to

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currently with our rebranding in our strategic narrative.

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Love that. Okay, let's get to our first segment, the Trust Tree, where you go,

10:26

if you'll honest

10:27

and trusted, and you can share those deepest, darkest pipeline and marketing

10:32

secrets.

10:33

We know a little bit about what Kariba does. Obviously, you're selling

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to CFOs and finance leaders and treasury leaders. What types of customers do

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you work with?

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Yeah, so we work with a lot of Treasures. So typically, they're from the office

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of the CFO.

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They're usually the Treasures or the head of treasury. And quite occasionally,

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we encounter

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the CFO. But typically, that would be the VP of finance or the Treasures or the

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controllers within the office of the CFO. Yeah, and what does that buying

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committee look like?

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So the Treasures are the ones that end up being the end user. And their teams

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are the ones that

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are using our platform. So we have about 80,000 users of them on our platform.

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What happens is,

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they are the ones that get really sold and convinced and become huge die-heard

11:28

fans of

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Kariba, the Kariba platform. And the CFOs are the ones that would have to sign

11:34

up on those purchases.

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Also, there's the mix of IT in there, because a lot of what we do as a platform

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and some of the

11:42

bank connectivity that we offer requires integration to their systems. And so

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even making sure that

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the CIOs are involved at the right time, that usually occurs at the later

11:55

stages of our deals.

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And then, obviously, you haven't been in the role extremely long, but six

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months in, I feel like,

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you've been there long enough to know all the different things are going.

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How do you think about when you came into the role, your marketing strategy

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broadly?

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Yeah, that's a really good question. So my marketing strategy is really

12:25

contingent upon how do we build marketing to become a really, really powerful

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revenue engine

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for the company? So working backwards, what does that mean? So there are a few

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things that I know.

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So for instance, marketing at Kariba has historically been a very powerful

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force for revenue.

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Today, it accounts for over 55% of our net new customer acquisitions. And as we

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think about that,

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the question now becomes, how do we grow our marketing engine at Kariba to

12:55

become scalable

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and repeatable? And whilst a lot of companies out there might index on demand

13:03

capture, so your

13:04

SEOs, your paid media, capturing existing demand, our strategy is contingent

13:11

upon making sure that

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we're not just capturing existing demand, but also filling the engine with net

13:17

new demand by

13:18

putting emphasis on demand creation. So the combination of demand creation and

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demand capture

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is how I would describe the marketing strategy.

13:28

Oh, I love that framing because I think it puts more emphasis on to the

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teaching part of it.

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Those folks, as you mentioned, maybe the folks that have that old school

13:38

mindset that it's like,

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hey, there's a new way to do things. There's a new sort of problem that you

13:42

need to deal with that

13:43

here's what some of the, you know, your more progressive counterparts are doing

13:47

how they're sort of changing their companies and you can too.

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That's exactly right. And we believe that there's always going to be just a

13:57

finite number of people

13:58

at any given time ready to buy. And what about the people that perfectly fit

14:03

into our ideal customer

14:04

profiles that are not yet ready to buy? Those are the people that we need to

14:08

influence and educate

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and build affinity with. And so we spend a lot of time thinking about, you know

14:13

, what their right

14:14

messaging is for them. How do we deliver valuable content to them? Content is

14:19

king, as I agree with

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you. How do we, how do we, how do we build trust with them? That is really

14:24

important for us.

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And then making sure that when they're finally ready to buy, Kariba is top of

14:30

mind for them.

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And what does your marketing team look like? How do you, how do you structure

14:35

your team?

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So let's start with the team as I, as I inherited them six months ago. And the

14:43

team as it looks

14:45

today, because it blends perfectly into what I have just covered in terms of

14:49

the marketing strategy.

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So the team as I inherited was just, I mean, first of all, one of the most

14:57

resilient marketers I've

14:59

ever met, very, very honored, very, very privileged to lead such a great, great

15:04

team.

15:05

The team that I inherited was structured, you know, by leadership to be very,

15:15

very focused on

15:16

capturing existing demand. So it was a huge emphasis on fuel marketing, on

15:21

events, right, on the bread

15:23

and butter of, you know, just the core of what one would normally assume to be

15:27

the core of marketing.

15:28

Now when I started and didn't analysis and audit, I realized that while we were

15:35

very strong in the

15:36

demand capture arm, we had practically nothing from scratch. We had to start

15:41

from scratch on the

15:42

demand creation arm. We have built a really solid brand name amongst our

15:46

customer base over the

15:48

last 21 years. And it is important that we continue to build an affinity with

15:53

new customers there and

15:55

not yet in the market to buy. So the way that the team is structured today is,

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you know, keeping

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the few marketing team, maintaining a reasonable focus on events, but then

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ensuring that we are

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boosting and revving up a product marketing team, creating a really strong

16:14

public relations team,

16:16

and also setting up this digital marketing team that allows us to have a really

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clear

16:21

distribution strategy, right, where we can have an always on sort of

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communication and demand engine

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that works and delivers content to where our customers are digitally.

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All right. Any other thoughts on strategy there or should we get to our tactics

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We talked about public relations as the place where I started, where I kind of

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grew up in my

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career. So I will say this about the whole notion of demand creation, which is

16:48

that even though

16:50

public relations is not something that can immediately be tied to same year

16:55

revenue,

16:56

it is something that is crucially important because that serves a huge function

17:03

in softening the ground

17:05

to drive awareness for sales to be able to go into and be able to effectively

17:10

sell outcomes to

17:12

customers. So I would say that the one thing about demand creation is don't

17:18

solely pack the ROI

17:20

to directize the booking to revenue, but find other ways to be able to quantify

17:26

why it's working

17:28

and be prepared to see results in about two years from creating that engine.

17:33

Yeah, I love the framework to sort of know, like and trust, right? And it's

17:38

like if sales is going

17:40

into a conversation and they've never even heard of your brand before, like

17:44

that's going to be

17:46

really, really hard, you know? But if you can, like you said, if they already

17:51

know who you are,

17:52

perhaps if they already like you, then you can build the trust and say, hey,

17:58

this is why we're

17:58

the best solution. But if you don't have the previous two, it makes trusting

18:04

someone.

18:04

How many people do you trust on the first date, on the first time you met them

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on the first?

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You know, it's like you have to build that stuff. So yeah, I think PR is super

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important.

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Thank you. I couldn't agree more.

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All right, let's get to the playbook where you open up that playbook and talk

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about the tactics

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that help you win. What are your three channels or tactics that are your most

18:28

uncutable budget items?

18:29

I would say the first would be paid media and paid media in a very focused

18:37

manner. So

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paid media that actually allows us to capture audiences they are ready to buy,

18:45

using the right search terms that allow us to identify those buyers. Paid

18:51

social as part of

18:52

paid media is really important to us as well. Delivering content. So content is

18:56

king, but content

18:57

can sit idle. We need to distribute that. So paid social does that. For us, it

19:04

is about making

19:04

sure the right content gets to the right person at the right time. So that's

19:08

number one. Number

19:10

two, I think you might know my answer and that's public relations. That is

19:15

critical because what

19:17

reporters say is infinitely more important than what we say about ourselves.

19:22

And even better is if

19:23

those reporters are from outlets that are audiences trust. So being able to

19:29

identify those and being

19:31

able to get endorsement or coverage that aligns us with that thought leadership

19:35

their audiences

19:36

are looking for, that changes the game and softens the ground for ourselves

19:39

teams. And then I would

19:41

say the third, you know, uncuttable budget to quote you would be events, but,

19:48

and that comes with a

19:49

huge, but with strict measurement. So events, but knowing exactly what events

19:55

are for, what purposes

19:57

they fit. We have a small subset of events that we absolutely believe in in

20:03

sort of driving thought

20:04

leadership. And then there are, you know, numerous events that we do that are

20:10

intended for demand

20:11

generation, demand capture. And those come with a set of ROIs that we hold

20:15

ourselves and our sales

20:17

counterparts really accountable to. So for instance, making sure that there is

20:22

a 10x pipeline a year

20:23

from now in the, you know, from from the point of our investment. In order to

20:30

re-evaluated this

20:31

is an event that is worth investing in in time to come. These are really strong

20:35

grout reels that we

20:36

have, but events, no matter what people say, they're not going away. The in-

20:40

person factor cannot be

20:41

replaced. I agree. Couldn't agree more. There's nothing like it. Right. There's

20:49

nothing like it.

20:51

And you know, yeah, there's all sorts of different schools of thought there of

20:54

like, you know, you

20:55

can you can make you can make all sorts of assumptions of what digital can do

21:00

and all that. But there is

21:02

there is nothing like meeting someone. IRL and actually and actually getting to

21:07

know them.

21:07

Going back to the first point, so for paid is interesting that you said you

21:13

sort of content

21:14

delivery is part of that. I'm a huge believer in that, you know, obviously all

21:18

the different podcasts

21:19

and video series that we do here at Caspian. Every single one of them is a paid

21:22

budget. Every

21:23

episode has a paid budget. So, you know, my personal podcast or my personal

21:28

marketing strategy,

21:30

I, you know, for Caspian, I call the three P's, which is podcast paid and

21:34

partners. And so

21:36

podcast really is a royal is the royal term for like serialized content, but it

21:43

's easier.

21:44

I'll just say three P's. But, but yeah, no, I firmly believe that that that

21:50

your paid engine

21:51

is not just about, you know, demand capture, but it's also about demand

21:56

creation. And when you can

21:57

sort of, you know, accelerate your content going out into places, like you

22:01

shouldn't be making it

22:04

if you're not going to promote it, right? Unless it's like an SEO piece. But

22:07

even still, I mean,

22:08

if you think it's good enough to make, you should be good enough to get budget

22:11

behind it.

22:12

Whereas I just feel like so many people just never do that. And I'm like, you

22:17

hired the people,

22:18

you did this stuff, you did all the work, you made the thing like put some

22:21

freaking dollars behind

22:22

this. Get it beyond the website. Exactly right. So why do you think more people

22:29

don't do that?

22:30

Like, like, why do you, what do you think the disconnect is that this is like

22:32

one of the things

22:33

that like boggles my mind. That's a really, really good question.

22:38

Maybe sometimes it comes from, you know, just kind of an over-able lens on

22:46

organic social,

22:47

where they're indexing on, hey, and that's a good thing. It is a good thing to

22:52

have organic

22:53

social followings and amplification strategies. But what pay social does is

22:59

that it gets it

23:00

directly in the hands of, you know, your customer profile or your ideal

23:03

customer profiles. And so

23:06

being able to turbocharge that is probably something that, you know, that

23:09

people need a

23:10

stronger awareness of. It's, yeah, it's definitely something. Another thing

23:14

that's interesting about

23:14

it for me too is, and this is some of the stuff that we do, it allows your ret

23:19

argeting arm to be

23:21

so much more effective. Like, that's a lot of the stuff that we do is we'll do

23:26

paid, you know,

23:27

we'll do paid on a bunch of places and then we'll do, you know, use retargeting

23:33

layers

23:33

for, you know, for the more, you know, product, product-centric

23:40

copy and ads. And that is, and it's decreased our cost like a ton to be able to

23:46

do that.

23:46

You know, giving people content that they actually would be interested in and

23:50

then letting

23:50

themselves to self-select into the buying timelines. That makes so much sense.

23:54

Yeah, it's like, oh, hey, I'm going to give you stuff that, you know, is

23:58

valuable to you all year

23:59

around. And then, you know, every now and then you're going to see an ad rather

24:03

than like

24:04

be you over the head with like, buy our stuff 24/7. So true. So true is all

24:08

about adding that true

24:10

value and, you know, really providing helpful content to people without the

24:15

soles pitch being at the front and center. Second piece here, PR. You're

24:20

obviously a PR wizard.

24:22

You've been a chief comms officer. You've, you know, you cut your teeth in this

24:27

What are the types of things that you're having your PR teams focus on to drive

24:35

that brand value,

24:36

to drive that story, to drive those things? Yeah, that's a really good question

24:41

. So two things I'm

24:43

obsessed with when it comes to the LAN of PR. The first one is we need to have

24:48

a very clear idea in

24:49

terms of what perceptions are we really trying to drive towards? Where are we

24:55

today in terms of

24:56

perceptions amongst our audiences? And what are the perceptions that we want

25:00

our audiences to have?

25:02

Because therein between what is and what is to come is that delta. The delta of

25:07

, you know,

25:08

just what the PR agency can do in conjunction with us. So this is where

25:12

innovation can take

25:13

plays, creativity can take plays, a really strong content strategy, right? I

25:18

always start any type

25:20

of, you know, PR discussion with what do we know and what does our audit tell

25:26

us, you know, or some

25:27

of the, some of the perceptions of us, it may be, we may find out that, you

25:31

know, some of the

25:32

perceptions out there are limiting us in terms of our growth. So then how do we

25:36

expand that?

25:37

That's where I would hinge our hangout strategy on. And then the second thing

25:42

is just being very,

25:44

very clear on which sources, which media outlets are our customers trust, right

25:50

? Because what may

25:51

be considered tier one by a different company in a different industry could

25:57

very well not be a tier

25:59

one for us. We need to know and define our tier ones based on what is relevant

26:03

and what is considered

26:04

trustworthy by our audiences. And then really go out there and get all stories

26:09

out there.

26:10

Is there, so you just did this huge rebrand, obviously, I don't know, huge, but

26:16

you just did

26:16

this impactful rebrand. And you have a clear narrative that you want to go to

26:25

market with.

26:26

Is that the thing that you're sort of saying to the, you know, to your PR teams

26:31

to say like,

26:32

hey, this is the, this is the story that we want, you know, to get out there.

26:37

But then they're also

26:40

having to pitch, you know, other stories, right? It's like, that's what's part

26:42

of the thing that's

26:43

so hard about about PR is getting the, getting the journalist, getting the

26:47

influencer to care,

26:48

right? About a story that, that their audience cares about that's beyond just

26:52

the brand.

26:53

And so yeah, I don't know. Curious to sort of like, you know, the, the brand,

26:58

the message that

26:59

you told earlier is such a clear product message for me, which is, you know,

27:04

like there is all of

27:06

this complexity. And really just a lot of, you know, fuzziness that can be

27:12

solved with technology.

27:13

But sometimes the journalists don't want to hear that message, you know.

27:17

Right, exactly. So, so coming back to the rebrand that we talked about,

27:22

as we talked about rebrand is more than just, you know, look and feel. A lot of

27:27

it is also about

27:28

what is that story and what is that strategic narrative. And for us, we, we

27:33

worked through a

27:34

very simple framework, which is to define what the enemy is. So the enemy

27:38

represents the current

27:39

way of work that is not productive for CFOs or Treasures. And then what the

27:46

hero is. So how do

27:47

we position ourselves as being able to really add value in solving that problem

27:52

. So as part of the

27:54

rebrand Ian, the enemy that we have identified and I mentioned this earlier,

27:59

that that is the

28:00

notion of liquidity gridlock that points towards systemic constraints that are

28:06

really preventing

28:08

CFOs and Treasures from being able to see their full liquidity positions. And

28:12

we are,

28:14

we've been thinking, taking a lot of time thinking about what is the solution

28:19

for gridlock.

28:20

And I think we may have come up with a positioning for that. And that is the

28:26

notion of liquidity

28:27

performance. So the story of ending gridlock starts with connecting liquidity

28:34

to any CFOs

28:35

most strategic advantages. And that is performance. So connecting liquidity to

28:40

how they perform

28:42

and in turn how their companies perform was, you know, was the notion that

28:47

inspired liquidity

28:48

performance. So yes, in terms of getting our agencies and aligning our PR teams

28:54

in telling the

28:54

stories and landing the right stories, part of it is making sure that going

29:00

forward,

29:01

Kriba is evangelizing, right, the notion of liquidity performance, because

29:06

there is a level

29:07

of education and awareness that needs to take place. What is liquidity

29:10

performance? I talked a

29:12

lot earlier about how different people define liquidity differently. So there

29:16

needs to be some

29:17

conversations about what that means and how that connects to your business as

29:20

well. So a big part

29:22

of what the teams will do is to evangelize the whole notion of liquidity

29:28

performance as well as to

29:30

really raise awareness on the challenges that gridlock presents to finance

29:35

teams everywhere.

29:37

So at the very baseline level, it is evangelizing and really landing stories

29:42

that dispel, you know,

29:44

any type of perhaps stereotype or misperceptions about liquidity and then align

29:51

ing us as that

29:53

liquidity performance platform and then spreading awareness on that problem of

29:58

gridlock. And then

29:59

on top of that, I think it would be all about how do we address that gridlock?

30:03

How are we, you know,

30:05

a CFO and treasure is, you know, best companion in the field of liquidity

30:09

performance? And then it

30:11

goes from there. In terms of budgets, what about something that is your most

30:17

cuttable? You're

30:18

something that may be not be working or not fading away? We're just not

30:20

something that you wanted to

30:21

invest in. I would say content for content sake. What you and I talked about it

30:28

, like you said,

30:29

I have to quote you. I mean, if a content is good enough to be produced and if

30:32

it's good enough to,

30:34

you know, put time and effort into, then surely it is good enough to have a

30:37

distribution strategy to

30:38

go with it. It deserves investment and it deserves amplification. So any

30:43

content that is just for

30:45

content sake, I take, I probably take like a second or third look at it and say

30:50

, you know,

30:51

this probably belongs on a blog somewhere, but not something that we want to

30:56

put too much time into.

30:58

I love that. That's a great, great point. What about experiments? What do you

31:05

say that that

31:06

five percent of your budget for crazy experiments? Any experiments you're

31:11

excited about?

31:12

So there's one that we're doing in-house that, you know, is something that's

31:18

coming up as

31:19

that five percent budget space. So AI, how do we apply generative AI over our

31:29

vast content

31:30

repository? I mean, we have loads and loads and loads of content in Korea, but

31:33

we are in no shortage

31:34

or content in Korea, but how do we apply generative AI on our own marketing

31:40

content or company content

31:42

to not just make content discoverable, but also to be able to produce and build

31:48

net new content

31:50

that is contextual, useful, and impactful. And that is an expert, an era of

31:57

experiment that we're

31:58

working on right now. The other piece of it and would be the whole idea of

32:05

really rethinking

32:08

how we curate our customer communities, because today we either do events to

32:14

get together with

32:15

them, or we engage with customers on platforms that other people own. So it

32:20

would be really good

32:22

to begin to figure out how do we build and own our own digital community of

32:26

customers,

32:27

right, to keep that conversation going endlessly. Yeah, very one. So hard, so

32:33

important, right?

32:34

So important. Even if it's one thing, right? It's like, that's a, you know, it

32:38

's like,

32:39

that's a crawl walk run. It's like, even if it's just like, this is the way

32:42

that we talk to people,

32:44

you know, this is the way that we create community. It's around, you know, like

32:47

, we're going to get

32:47

together and eat chocolate, you know, once a year, you know, like, even if it's

32:51

just one thing,

32:52

it's like, what is our thing, you know? And that everything that we do really

32:58

should be in service

32:59

of our customers. And if we're waiting to speak to them, you know, aside from

33:05

offering them support

33:06

or servicing their accounts, then I think we're missing out on a lot of iter

33:10

ative changes that we

33:11

can make to our platform in the way that we serve them. Couldn't agree more.

33:15

How do you view your

33:17

website? As the, as only the most important demand engine for us on the

33:22

marketing team,

33:23

the website is so, so important for us at Criba. I believe it is the case for a

33:28

lot of companies

33:28

out there. You know, just the website in relation to us, for instance,

33:34

generates over 55% of our

33:37

pipeline and more importantly, over 55% of our bookings. So that passes through

33:43

our website,

33:44

through inbound demos, and then translates, right, a huge percentage of them

33:49

translates

33:50

into actual revenue for us. So it's really, really important for us.

33:55

Let's get to our next segment, the Dust Up, where we're talking about healthy

33:59

tension,

34:00

whether that's with your board, your sales team, your competitors, or someone

34:03

else. Have you ever

34:03

had a memorable dust up in your career, April? It was hard to think of one, but

34:09

I, I, I'll pick one.

34:12

So I remember, I've done about, I've done three reprints in my career. And in

34:18

one of my, I think

34:19

it was my second rebrand. It was just, you know, doing this company wide re

34:24

brand and facing really

34:27

loud vocal criticisms from very longstanding employees, we were taking a mascot

34:36

that,

34:38

that is very loved by the company. And you're, you're, you're, you're laughing

34:42

a little bit because,

34:43

you know, probably have an idea which company I'm referring to. But there's a

34:47

mascot that,

34:48

that is very loved by employees and customers and partners alike. And part of

34:54

the rebrand

34:56

meant that we wanted to make little tweaks to the mascot, just little tweaks.

35:00

We're never going to,

35:01

you know, change it completely, give it a facelift that nobody can recognize,

35:05

but we wanted to give

35:06

us some modern finishes and tweaks. That came with huge objections from

35:12

longstanding employees.

35:14

Slack blew up, my email blew up. I mean, every which way I turned at that point

35:20

, people were,

35:21

you know, really furious at how dare I touch that mascot. And the, the way that

35:28

I approached

35:30

the dust up was to really think hard about what is that common ground and how

35:35

can data help

35:36

so that we don't have to argue based on emotions. Rebrand's can be surprisingly

35:41

emotional for many

35:42

people. Right. And so what I did was I took a few iterations of our mascot,

35:48

including the original

35:50

and pass them through our customers. Our customers will always be the common

35:55

ground, right, and got

35:57

them to vote. And the results came back pretty compelling. While our customers

36:03

really, really

36:04

love our mascot, they truly appreciate the modern touches that were suggested

36:09

for the mascot.

36:10

And so that helped, you know, kind of put everybody at ease, including my loud

36:15

est critics.

36:16

And I think finding that common ground and always backing any type of emotional

36:22

decisions with,

36:23

with data is my big learning from this point on.

36:28

I love that story. Always love a mascot. Anything with a mascot story is always

36:33

good.

36:34

Just don't touch the mascot, right? I know. Yeah. And that was truly eye

36:39

opening for me, Ian,

36:41

because I realized the reason why people have such an emotional investment in

36:46

mascaras is because,

36:48

you know, that has been what the company is rallied and rallied behind the

36:52

galvanizer identity,

36:54

you know, behind. So it was not about the mascot per se. I think it was more

36:58

about

37:00

change and bringing them alongside us, you know, for change that was really,

37:05

really critical.

37:06

Yeah. And it's what got you there, right? You know, so, so you feel, you feel

37:11

emotional. It's like

37:11

my cast being caribou, we just were talking about this will never change. Okay.

37:18

Last,

37:18

last segment, Quick Hits. These are quick questions and quick answers just like

37:23

how qualified

37:24

helps companies generate pipeline quickly. You can quickly go to Qualified.com

37:29

to learn how you can

37:30

tap into your greatest essay, your website, and identify your most valuable

37:34

visitors. And instantly,

37:35

and I mean instantly, start sales conversations, go to Qualified.com to learn

37:39

more. Quick hits.

37:39

April, are you ready? I think I am. Number one, what's a hidden talent or skill

37:44

that's not on your

37:45

resume? I'm a spice fiend. No spice level is too spicy for me. Dang. That's

37:52

pretty. That's a

37:53

great skill. It is. It is something that nobody believes me, you know, believes

38:00

me in, but you will

38:01

see. I'll put them wrong. Do you have a favorite book, podcast, or TV show that

38:05

you recommend?

38:06

Can I say to? Sure. Salt by Nira Wahid, which is a poetry book, really good. TV

38:14

Real Housewives of Beverly Hills. Are you kidding? Those, those, those ladies

38:17

keep me on my toes.

38:19

I love it. If you weren't in marketing or business at all, what do you think

38:25

you'd be doing?

38:25

I would be an astronaut. Ooh, good one. What is your best advice for a first

38:31

time CMO?

38:32

See yourself not as a marketing specialist anymore, but as a senior official of

38:38

the company that is

38:39

actually managing the company's business growth. And then stay endlessly

38:44

curious.

38:46

April, it has been wonderful having you on the show today. For listeners, you

38:50

can go to koriba.com,

38:51

go give your CFO a nudge and say, hey, what are we doing with our liquidity? Is

38:56

it gridlocked?

38:57

Go to koriba.com. April, any final thoughts? Anything to plug? You know, next

39:03

month,

39:03

and month of May, AAPI month. So, you know, find your AAPI community out there

39:08

or your colleagues,

39:10

and think about, you know, what you can do for them to give them a lift in

39:13

their careers.

39:14

Oh, fantastic. That's awesome. April, wonderful chatting with you and take care

39:19

Thank you, Ian.

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