Business Development & Getting Through to a New CMO – Reflections
Jourdan Hathaway
Chief Business Officer (xCMO) @ General Assembly | C-Suite Executive | CMO CBO COO | EdTech | Workforce Education | Talent Solutions | 2x Mom
LinkedIn is an incredible place - I’ll share some thoughts to help harness it and some tips to avoid ??.
After recently announcing my new ?? role as General Assembly 's new Chief Marketing Officer (which I’m absolutely ?? loving BTW), I started receiving hundreds of LinkedIn messages like this: “Hi, I saw yesterday you joined GA as the new CMO. Congrats. Can I schedule a demo of our product next week so our team can tell you what we do for marketers?” One person asked what my ??budget was (yikes ??). Definitely an important ? question during the sales cycle, but not an opening one of a ? cold outreach the day someone gets hired. On the other hand, there were so many thoughtful outreaches filled with great info, industry insights, support, and a genuine desire to build relationships. What a treasure trove of opportunity!
I definitely noticed when a person tailored their DM to me - whether through humor, sincerity, or leveraging something I wrote. So, if you are taking the time to do that, keep it up!
The First 90 Days Vs. The Long Game
I wanted to share some insight into what the first 9?? 0?? days typically ?? looks like for a new CMO. LinkedIn is an incredible place so I’ll share some thoughts to help you harness it.
Tomorrow I’ll be back to reveal some of the ?? outreaches I found very valuable ?? that did or will lead to ?? meetings, ?? connections, and yes…even… ? sales (at some point, just not day 1). PS - So many of you of you are ??crushing it out there! I’m so appreciative of the connections, learning, networking, and support that LinkedIn creates.
Before I do that, here’s what on my mind:
The first few days, weeks, and even months ?? are not typically when a new CMO is ready to take a cold call for a demo of a product that may or may not solve a problem that may or may not be there that may or may not be prioritized this year. Instead, they are:
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Natural Synergies, Existing Relationships, and Critical Priorities Take Precedence
For all your Sales Farmers out there, there’s some good news because a newbie is probably going to look to an existing relationship to see if they can solve a particular gap in the early days (don't come in too hot on day 1). They are also going to look for natural synergies across the existing landscape to find quick wins. They are likely walking into their team having a laundry list of in-flight critical projects and will want to get dialed in to the expertise of their teams and getting those efforts across the goal line (shout out to my awesome team Kate Braner Rafael Vieira Tiago Michaela Clark ).
Documenting Capability Gaps and Solidifying Solution Requirements Before a Demo is Best
Long before anyone is ready for a product demo, a few things need to be true: business and marketing goals need to be created, a strategic plan crystalized, a set of real problems/blockers identified, collective agreement on prioritization established, and for the spots where a new product/service is needed - a set of business and functional requirements created cross-departmentally should be solidified. (I'm enjoying that process with Rebecca "Becks" Bondi Danielle Chircop Meg Randall Hannah Lee Edward Shiplee John Madigan Julien Deslangles-Blanch Jeff Bergin, PhD Gretchen Jacobi and many others).
First 90 Days Activities: Consider How To Tailor Your Outreach With This in Mind
If you are about to reach out to a new CMO in LinkedIn, here’s what they are likely focused on - consider how you can tailor your outreach knowing this is what’s on their plate:
Keep At It - Eventually Luck & Intentionality Lead to Something
LinkedIn, mentorships, networking, conferences, or any conduits of building relationships may yield the connections needed for two people to swap their expertise down the road. You'll never know when the timing lines up, but I find it's typically a worthwhile pursuit with the right approach.
Chief AI Officer and President of WGNR
1 年Nice article and very true. What WGNR does, which I know isn’t foreign to you, is we just make ourselves known. The opportunities come without being pushy and interuppting a CMO at the wrong time.
Staffing and recruiting leader specializing in making the best match. Call or email me today I can help with your most difficult positions. [email protected] 407-329-5927
1 年I think opening with "I'm not a weirdo works lol"!!!! Looking forward to a coffee soon:)
Founder and CEO | WIBE Network | Where Imagination Builds Excellence | Creativity is my Superpower
1 年Congrats Jourdan Hathaway! Made it through all those emojis! So glad you are getting a great start. And don't worry, I get daily requests for all of the marketing products people can help me with... :-)
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1 年Gotta love the outreach from sales (and marketing?!) from companies who haven't adjusted to providing value right away & just-don't-get-it... The ol' "Do you have 30 minutes for a quick call so you can tell ME about YOUR goals? Then I can give you an elevator pitch about our favorite topic, us" {which is easily (or not so easily) found on our website}... "and as we close the first invigorating intro meeting, we see when you're next available to tell you buzz words about how we can make you bigger/faster/stronger while saving you time/money/resources... {we can exchange 4 rounds of emails so YOUR calendar can align to MINE} then you can tell ME about YOUR goals again, cuz I still won't be able to translate our offering proactively to what you, your team, organization, and clients need vs. want. Then YOU can tell ME what to put in MY proposal to you. But we can meet 3 more times before I give any indication about pricing, because it's dependent on your needs. Plus, there's less chance competitors gain insight into our pricing model if we give it to you after 10 meetings vs. the 1st... proven by science. But we can adjust, what's your budget? {Classic question}. Here's a "whitepaper" about our favorite topic, us."