April Moh, CMO at Kyriba, shares about defining the enemy and the hero during your rebrand.
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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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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
10:36
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
11:07
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
11:28
Kariba, the Kariba platform. And the CFOs are the ones that would have to sign
11:34
up on those purchases.
11:35
Also, there's the mix of IT in there, because a lot of what we do as a platform
11:42
and some of the
11:42
bank connectivity that we offer requires integration to their systems. And so
11:48
even making sure that
11:50
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
12:06
months in, I feel like,
12:07
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
12:18
broadly?
12:20
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
12:31
revenue engine
12:31
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
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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
13:12
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.
13:35
Those folks, as you mentioned, maybe the folks that have that old school
13:38
mindset that it's like,
13:39
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.
13:52
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
14:10
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
14:20
you. How do we, how do we, how do we build trust with them? That is really
14:24
important for us.
14:26
And then making sure that when they're finally ready to buy, Kariba is top of
14:30
mind for them.
14:31
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.
14:50
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,
15:59
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
16:26
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
16:36
We talked about public relations as the place where I started, where I kind of
16:41
grew up in my
16:42
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
18:07
on the first?
18:08
You know, it's like you have to build that stuff. So yeah, I think PR is super
18:15
important.
18:17
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
18:24
that help you win. What are your three channels or tactics that are your most
18:28
uncutable budget items?
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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.