People, not companies
The way buyers buy is changing. People, rather than companies, are central to the buying journey.
This is a result of the infocalpyse. Buyers are overwhelmed with all of the information thrown at them. Theyâre tuning it out. Instead, theyâre relying on trust to cut through the noise.
Mac Reddin (Founder & CEO at Commsor) explained it like this,
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thThis shift largely impacts two aspects of the business:
How we create value for our customers: 20 years ago, a company like Salesforce designed itself to be a silo of relationship data. Thatâs too simple for todayâs complex ecosystem-driven world.
Today buyers expect custom, value-packed, easy-to-use solutions. Most companies couldnât do that alone, so we integrate and partner.
An example of this is Revealâs integration with Salesforce. In the past, customers would have to buy Salesforce and Reveal and then hack together a solution on their own. Now, Salesforce and Reveal make it easy to get one value-packed solution with the click of a button.
Thatâs game-changing for a customerâs experience.
How we go to market and surround our customers with trust: According to Jay McBain, it takes 28 moments for a buyer to make a purchase decision, and your company only owns 4 of those moments.
Individuals are becoming central to the buyerâs journey because individuals can go where companies cannotâplaces like communities.
Mark Kilens (Co-Founder & CEO at Tack GTM and Club PF) and Nick Bennett (Co-Founder & CCO at Tack GTM and Club PF) furthered this point by sharing,
Individuals who live in-market become part of a buyerâs 28 moments that influence a purchase decision.
Hereâs a perfect example from Mac Reddinâs presentation. Sara Blakely (CEO and founder of Spanx) is admired and respected by many of Spanxâs ICP. She has 2 million followers while the brand Spanx only has 93k. Saraâs reach and influence is almost 21 times the size of the brandâs.
All that said, donât underestimate your power of influence! |
Listen to both session recordings from the Nearbound Summit here. |
Thank YOU
As the atomic unit of business shifts from organization to individual, your individual impact becomes wildly important.
Thank you for everything you do day in and day out.
For all of the fires you put out. For all of the tough conversations you have. For all of the executive buy-in you fight for. For the never-ending task list.
For your commitment to a nearbound future.
Without you, nothing we do would matter.
Thank you.
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Gobble gobble partnerships đŠ
Forget the mashed potatoes and turkey! This year weâre feasting on Thanksgiving partnerships!
Here are a few of my favorites:
đ Williams Sonoma partners with home cook, author, and food influencer Deb Perelman on holiday recipes đ Amazon partnered with the NFL in 2021 to offer Thursday Night Football to its subscribers. This year, theyâre making history by broadcasting the inaugural Black Friday game. đ Green Giant, a vegetable brand, is partnering with Tariq, the legendary "Corn Kid" in their Thanksgiving marketing campaign.
The next time youâre out and about, pay attention to all of the partnerships! There are so many. |
Stuff you donât want to miss!
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Send this to someone youâre thankful for
Send this to someone youâre grateful for today. Maybe theyâve been instrumental in building an alliance. Maybe theyâre your champion. Maybe theyâre just an awesome co-worker! Share the NbD with them today! |