15. - April Dunford, Ambient Strategy
“Marketing is about making it easy to
fi
nd, evaluate and
buy your product. Positioning is
fi
guring out what your
product is in the
fi
rst place.”
16. - April Dunford, Ambient Strategy
“Marketing can polish a turd. Positioning can
turn turds into fertilizer.”
20. Small Merchants Large Merchants
Market Large and Broad Small and Niche
Competitive
alternatives
DIY (e.g. social)
SaaS platforms
Website builders
Bespoke solutions
MM/Enterprise software
Shopify Advanced
Pricing
14-Day Free Trial
$9-$300/mth
No Free Trial
12-Month Contract
$2,000/mth
Product All in one, simplicity
Part of a system, more capabilities,
security, integrations, customization etc.
Context
21. “The worst career move I could make
is choosing Shopify and being wrong.”
- Director of Ecommerce (DTC brand)
22. - CMO (Multinational CPG)
“How could something that works for a
10-person company be the same product
you’re selling to me, a 10,000-person
company?”
23. - VP of Technology (Traditional Retailer)
“If you lined up a bunch of CIOs they’d
all say that Salesforce, SAP, Oracle
and those kinds of vendors are the
safer bets.”
24. • Establishing shared values helps overcome objections and manage tradeoffs
• Flexibility vs. feature comparisons
• SaaS vs. on premise
• Distributed commerce
• New customers vs. upgrades
• Competitive alternatives were more complex (very broad, Shopify vs. Shopify)
Insights
25. • Shared language and understanding of your worldview
• Competitive alternatives (and how to position against them)
• Clear, crisp and concise internal documentation
• Internal comms plan / enablement
• Reframing product value props
• Updated messaging and language (all surfaces/assets)
Outcomes
31. 1. Thousands of signals.
2. Who you interact with.
3. Traditional engagements (likes, shares).
4. Interests.
1. What you watch.
2. How much of it you watch.
3. Engagement with sound.
4. Likes and shares.
1. What you watch.
2. How much of it you watch.
3. When you watch.
4. Categories and genres.
Social Entertainment
33. • Increase in pipeline (marketing + sales)
• Qualitative feedback from partners and customers
• Adoption of proprietary “engagement score” for use as a key KPI
Signals it’s working
47. The best product doesn’t
always win.
The product everyone uses wins.
48.
49. There must be a mindset shift. What you are
optimizing for changes.
50. SMB Mid Market Enterprise
Target Market Large and Broad More focused, relatively broad Small and niche
Buyer Entrepreneur/Owner
C-suite/manager,
small buying group
Buying group, many
stakeholders/approvers
Sales Funnel Shorter, Few Steps Depends Longer, Many Steps
Drivers Marketing/Growth
Marketing, Partners,
Outbound/Outreach
Mix of inbound and outbound,
BD, strategic partners
GTM Motion
Self-serve and/or Human
Assisted
Human Centric, Human
Assisted, Self-Serve
Human centric
Characteristics
51. Cheap Expensive
Price
Many customers Few Customers
Market Size
Simple Complex
Complexity
High Low
Fit
B2C B2B
Customer
Single transaction Long lifetime
Relationship
Low High
Touch
Marketing & sales intersection
Degree
of
involvement
Degree of purchase consideration
0 100
100
Sales
Marketing
53. Degree
of
involvement
Degree of purchase consideration
0 100
100
Moving the intersection
Sales assist to self-serve moved the intersection
● Expand Upgrade pool
● Increased efficiency
● Higher velocity / lower CAC
● Reduce operational load
Sales
Marketing
54. • What’s your starting point?
• What is the degree of purchase consideration?
• What signals do you see in the buying process?
Factors to consider
55. • Identify growth levers
• Where and how you execute (channels/surfaces)
• Making the right tradeoffs
• Establishing the right tripwires
• Balancing short term and long term
Reaching buyers
56. • Certi
fi
ed partners program
• Shifted channel mix (divested and invested)
• Ramped up database marketing
• Throttled back volume from core Shopify to reduce noise
• Heavy sales training and enablement
• Layered in cross-sell motion
Where we invested
58. Systems and processes that enable speed,
the telemetry to know what’s working, the
ability to make great decisions.
59. • Systems and tech stack
• Faster marketing execution
• Improved speed to lead
• Process and operations
• Deal approvals
• Budget approvals
Speed
60. As you scale, you get slower slowly. Then
bam💥. It becomes a major problem overnight.
61. • Data silos
• Flying blind = poor decisions
• De
fi
ne what matters
Telemetry
62. • Mindset shift —> clarity on what you’re optimizing for
• Interdependencies between teams
• XFN working model
Teams
63. PLG vs. B2B Acquisition
Converting customers that are already
in your product.
Selling customers on abstract idea, don’t
experience full value of the product.
Session
Lead
Prospect
Active Customer
Awareness Awareness
Touchpoints
Lead
Launch
Qualified
Sales cycle
Active Customer
Expansion
In Product
In Product
In Conversation