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Maria Dykstra
MARKETING LESSONS FOR EARLY
STAGE STARTUPS
MARIA DYKSTRA @TREDIGITAL
Image Credit:
Lighting Design Alliance
Image Credit: WeWork
LESSONS LEARNED:
HOW TO BUILD COMPANIES WITH 7 FIGURES IN SALES
AND PRACTICALLY N0 MARKETING $$
@TREDIGITAL
THE ONLY THING THAT MATTERS IS YOUR FUNNEL
@TREDIGITAL
WHAT DOES THE BASIC FUNNEL LOOK LIKE?
Image credit: Neil Patel
@TREDIGITAL
EVERY FUNNEL REQUIRES THESE 4 STEPS
DETERMINE WHO THE RIGHT CUSTOMERS ARE
CREATE A COMPELLING STORY TO TELL THEM
FIND PROFITABLE TRAFFIC CHANNELS TO REACH YOUR CUSTOMERS
DESIGN SMART SALES SEQUENCE TO CONVERT LEADS INTO BUYERS
@TREDIGITAL
YOUR CUSTOMER
LET’S TALK ABOUT….
@TREDIGITAL
"Almost every failed startup has a product.
What failed startups don’t have are enough
customers."
~Traction: A Startup Guide to Getting
Customers
@TREDIGITAL
WHAT DO MOST STARTUPS DO?
@TREDIGITAL
Image credit: Blossom.com
“WANT” AND “NEED” ARE NOT THE SAME
@TREDIGITAL
Image credit: Synergy Says
SPECIFIC “MUST HAVE” + SPECIFIC PERSON =
“PROBLEM CUSTOMER FIT”
@TREDIGITALImage credit: Synergy Says
HOW TO GET TO THE RIGHT “MUST HAVE”
1. Tell me about the last time you had...
<problem> <context>
2. What was the most challenging?
3. Why was it challenging?
4. How do you solve it now?
5. Why is this solution not great?
Do NOT ask about the future (i.e. no “Would you”
or “Will you” questions)
Absolutely NO PITCHING!
IT MAY TAKE 5+
“WHYs” TO GET TO
THE CORE EMOTION
@TREDIGITALJustin Wilcox, Customer Dev Labs
1 - CUSTOMER “MUST-HAVE” EXERCISE
Interview someone you do NOT know. Ask Customer Interview Questions. Document your
findings:
- What was the most challenging? Why?
- How did they solve the problem?
- Listen for: Beliefs, Fears, Frustrations
@TREDIGITAL
COMPELLING
STORY
MOVING ON TO…
@TREDIGITAL
CONNECT YOUR STORY TO CUSTOMER BFFs
Beliefs
Fears
Frustrations
@TREDIGITAL
Image credit The Ultimate Answer
OUTCOMES VS. FEATURES
YOUR STORY GOES BEYOND YOUR WEBSITE
YOUR WEBSITE
= THE HUB OF YOUR STORY
Social Media
Blog + Guest Blogging Email + Newsletter
Whitepapers + ebooks
Public RelationsOffline Materials
Podcast
Video Series + Webinars
SEO + Referring Links Video Series + Webinars
Document Sharing Sites
Forums
@TREDIGITAL
2 - STORY EXERCISE
For every product feature, determine customer benefits and outcomes. How do your
product features address BFF (beliefs, fears, frustrations)
FEATURES OUTCOMES/BENEFITS
1 1
2
3
2 1
2
3
3 1
2
3
@TREDIGITAL
PROFITABLE
CHANNELS
TIME TO DISCUSS….
@TREDIGITAL
“If you get even a single distribution channel
to work, you have a great business.
If you try for several but do not nail one, you
are finished ” — Peter Thiel
@TREDIGITAL
24 Marketing Channels
B2BB2C
❏ VIRAL MARKETING
❏ INFLUENCER MARKETING
❏ LIFESTREAMING
❏ WORD OF MOUTH
❏ PUBLICITY STUNTS
❏ DISPLAY ADS
❏ EMAIL MARKETING
❏ SOCIAL MEDIA (ORGANIC)
❏ CONTENT MARKETING
❏ SEO
❏ SOCIAL ADS
❏ EARNED MEDIA/GUEST
BLOGGING
❏ REMARKETING
❏ SEM/PPC
❏ AFFILIATE PROGRAMS
❏ EVENTS/TRADE SHOWS
❏ MOBILE MARKETING
❏ COMMUNITY BUILDING
❏ WEBINARS
❏ PUBLIC RELATIONS
❏ BUSINESS DEVELOPMENT
❏ SALES
❏ INFLUENCE BUILDING
❏ SPEAKING ENGAGEMENTS
@TREDIGITAL
CHANNEL PRIORITIZATION FRAMEWORK
1. PICK A CHANNEL
2. DESIGN A FUNNEL
3. RUN AN EXPERIMENT
4. MEASURE RESULTS
5. OPTIMIZE
6. RE-RUN THE EXPERIMENT
7. DETERMINE ROI @TREDIGITAL
CHANNEL PRIORITIZATION FRAMEWORK
1. PICK A CHANNEL
2. DESIGN FUNNEL
3. RUN AN EXPERIMENT
4. MEASURE RESULTS
5. OPTIMIZE
6. RE-RUN THE EXPERIMENT
7. DETERMINE ROI @TREDIGITALImage Credit: Sean Ellis
3 - CHANNELS EXERCISE
DETERMINE THE CORE CHANNELS AND STEPS FOR THE EXPERIMENT. DETERMINE THE SUCCESS
MEASURES
KEY CHANNEL(S) TO TEST
IF WE DO <insert experiment>
OUR KEY METRIC <x>
WILL INCREASE BY <y>
CORE STEPS
SUCCESS METRICS
@TREDIGITAL
SMART SALES
SEQUENCE
FINALLY….
@TREDIGITAL
“ONLY 3% OF PEOPLE ARE IN THE “READY
TO BUY NOW” MODE”
~ Chet Holmes
@TREDIGITAL
GIVE VALUE
GIVE VALUE
GIVE VALUE
then ask for business
@garyvee
YOUR FIRST SALE IS JUST THE BEGINNING
@TREDIGITAL
CREATE A FUNNEL FOR EACH CHANNEL
@TREDIGITAL
YOUR COMPLETE
FUNNEL MAY LOOK
LIKE THIS
@TREDIGITAL
AT THE VERY
MINIMUM MAKE
ALL OF YOUR
CHANNELS
WORK TOGETHER
@TREDIGITAL
Image Credit: Kate Grunton,
buildalittlebiz.com
4 - FUNNEL EXERCISE
Design a Basic Funnel for the Channel that you picked. Determine different offers and
nurturing sequence
How and where do you
integrate BFF into the Funnel?
1.
1.
@TREDIGITAL
RESOURCES/TOOLS
CUSTOMER
How to Find & Interview
Customers at
CustomerDevLab.com
STORY
Value Prop and Other Critical
Story Components via Lean
Canvas from Leanstack.com
CHANNELS
Overview of the Traction
Channels from Traction (the
book)
NeilPatel.com - Tools + Tips on
Maximizing channels
SALES SEQUENCE
Tools to create sequence:
ConvertKit (email) &
ClickFunnels.com
Growthhackers.com - Online
Community of GrowthHackers
@TREDIGITAL
LET’S STAY IN TOUCH!
@TREDIGITAL IN/MARIADYKSTRA MARIAD@TREDIGITAL.COM
FIND THIS DECK: http://content.tredigital.com/StartupLessons
PUT THEORY INTO PRACTICE
Marketing Lessons for Early Stage Startups

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Marketing Lessons for Early Stage Startups

  • 1. Maria Dykstra MARKETING LESSONS FOR EARLY STAGE STARTUPS MARIA DYKSTRA @TREDIGITAL
  • 3.
  • 5. LESSONS LEARNED: HOW TO BUILD COMPANIES WITH 7 FIGURES IN SALES AND PRACTICALLY N0 MARKETING $$ @TREDIGITAL
  • 6. THE ONLY THING THAT MATTERS IS YOUR FUNNEL @TREDIGITAL
  • 7. WHAT DOES THE BASIC FUNNEL LOOK LIKE? Image credit: Neil Patel @TREDIGITAL
  • 8. EVERY FUNNEL REQUIRES THESE 4 STEPS DETERMINE WHO THE RIGHT CUSTOMERS ARE CREATE A COMPELLING STORY TO TELL THEM FIND PROFITABLE TRAFFIC CHANNELS TO REACH YOUR CUSTOMERS DESIGN SMART SALES SEQUENCE TO CONVERT LEADS INTO BUYERS @TREDIGITAL
  • 9. YOUR CUSTOMER LET’S TALK ABOUT…. @TREDIGITAL
  • 10. "Almost every failed startup has a product. What failed startups don’t have are enough customers." ~Traction: A Startup Guide to Getting Customers @TREDIGITAL
  • 11. WHAT DO MOST STARTUPS DO? @TREDIGITAL Image credit: Blossom.com
  • 12. “WANT” AND “NEED” ARE NOT THE SAME @TREDIGITAL Image credit: Synergy Says
  • 13. SPECIFIC “MUST HAVE” + SPECIFIC PERSON = “PROBLEM CUSTOMER FIT” @TREDIGITALImage credit: Synergy Says
  • 14. HOW TO GET TO THE RIGHT “MUST HAVE” 1. Tell me about the last time you had... <problem> <context> 2. What was the most challenging? 3. Why was it challenging? 4. How do you solve it now? 5. Why is this solution not great? Do NOT ask about the future (i.e. no “Would you” or “Will you” questions) Absolutely NO PITCHING! IT MAY TAKE 5+ “WHYs” TO GET TO THE CORE EMOTION @TREDIGITALJustin Wilcox, Customer Dev Labs
  • 15. 1 - CUSTOMER “MUST-HAVE” EXERCISE Interview someone you do NOT know. Ask Customer Interview Questions. Document your findings: - What was the most challenging? Why? - How did they solve the problem? - Listen for: Beliefs, Fears, Frustrations @TREDIGITAL
  • 17. CONNECT YOUR STORY TO CUSTOMER BFFs Beliefs Fears Frustrations @TREDIGITAL Image credit The Ultimate Answer
  • 19. YOUR STORY GOES BEYOND YOUR WEBSITE YOUR WEBSITE = THE HUB OF YOUR STORY Social Media Blog + Guest Blogging Email + Newsletter Whitepapers + ebooks Public RelationsOffline Materials Podcast Video Series + Webinars SEO + Referring Links Video Series + Webinars Document Sharing Sites Forums @TREDIGITAL
  • 20. 2 - STORY EXERCISE For every product feature, determine customer benefits and outcomes. How do your product features address BFF (beliefs, fears, frustrations) FEATURES OUTCOMES/BENEFITS 1 1 2 3 2 1 2 3 3 1 2 3 @TREDIGITAL
  • 22. “If you get even a single distribution channel to work, you have a great business. If you try for several but do not nail one, you are finished ” — Peter Thiel @TREDIGITAL
  • 23. 24 Marketing Channels B2BB2C ❏ VIRAL MARKETING ❏ INFLUENCER MARKETING ❏ LIFESTREAMING ❏ WORD OF MOUTH ❏ PUBLICITY STUNTS ❏ DISPLAY ADS ❏ EMAIL MARKETING ❏ SOCIAL MEDIA (ORGANIC) ❏ CONTENT MARKETING ❏ SEO ❏ SOCIAL ADS ❏ EARNED MEDIA/GUEST BLOGGING ❏ REMARKETING ❏ SEM/PPC ❏ AFFILIATE PROGRAMS ❏ EVENTS/TRADE SHOWS ❏ MOBILE MARKETING ❏ COMMUNITY BUILDING ❏ WEBINARS ❏ PUBLIC RELATIONS ❏ BUSINESS DEVELOPMENT ❏ SALES ❏ INFLUENCE BUILDING ❏ SPEAKING ENGAGEMENTS @TREDIGITAL
  • 24. CHANNEL PRIORITIZATION FRAMEWORK 1. PICK A CHANNEL 2. DESIGN A FUNNEL 3. RUN AN EXPERIMENT 4. MEASURE RESULTS 5. OPTIMIZE 6. RE-RUN THE EXPERIMENT 7. DETERMINE ROI @TREDIGITAL
  • 25. CHANNEL PRIORITIZATION FRAMEWORK 1. PICK A CHANNEL 2. DESIGN FUNNEL 3. RUN AN EXPERIMENT 4. MEASURE RESULTS 5. OPTIMIZE 6. RE-RUN THE EXPERIMENT 7. DETERMINE ROI @TREDIGITALImage Credit: Sean Ellis
  • 26. 3 - CHANNELS EXERCISE DETERMINE THE CORE CHANNELS AND STEPS FOR THE EXPERIMENT. DETERMINE THE SUCCESS MEASURES KEY CHANNEL(S) TO TEST IF WE DO <insert experiment> OUR KEY METRIC <x> WILL INCREASE BY <y> CORE STEPS SUCCESS METRICS @TREDIGITAL
  • 28. “ONLY 3% OF PEOPLE ARE IN THE “READY TO BUY NOW” MODE” ~ Chet Holmes @TREDIGITAL
  • 29. GIVE VALUE GIVE VALUE GIVE VALUE then ask for business @garyvee
  • 30. YOUR FIRST SALE IS JUST THE BEGINNING @TREDIGITAL
  • 31. CREATE A FUNNEL FOR EACH CHANNEL @TREDIGITAL
  • 32. YOUR COMPLETE FUNNEL MAY LOOK LIKE THIS @TREDIGITAL
  • 33. AT THE VERY MINIMUM MAKE ALL OF YOUR CHANNELS WORK TOGETHER @TREDIGITAL Image Credit: Kate Grunton, buildalittlebiz.com
  • 34. 4 - FUNNEL EXERCISE Design a Basic Funnel for the Channel that you picked. Determine different offers and nurturing sequence How and where do you integrate BFF into the Funnel? 1. 1. @TREDIGITAL
  • 35. RESOURCES/TOOLS CUSTOMER How to Find & Interview Customers at CustomerDevLab.com STORY Value Prop and Other Critical Story Components via Lean Canvas from Leanstack.com CHANNELS Overview of the Traction Channels from Traction (the book) NeilPatel.com - Tools + Tips on Maximizing channels SALES SEQUENCE Tools to create sequence: ConvertKit (email) & ClickFunnels.com Growthhackers.com - Online Community of GrowthHackers @TREDIGITAL
  • 36. LET’S STAY IN TOUCH! @TREDIGITAL IN/MARIADYKSTRA MARIAD@TREDIGITAL.COM FIND THIS DECK: http://content.tredigital.com/StartupLessons
  • 37. PUT THEORY INTO PRACTICE

Editor's Notes

  1. Image Credit: lightingdesignalliance.com 200 People engineering team Dedicated training team 20 people GTM team Training, TradeMarketing, etc resources 6+ months to develop and 3-4 months to ship
  2. Image Credit: marketing templates
  3. Image credit: WeWork 10 people in the company Must ship ahead of the competition Outsourced dev team No dedicated training resources Limited marketing budget
  4. Image credit: Neil Patel
  5. Image credit: Neil Patel
  6. Image credit: https://www.blossom.co/blog/agile-product-market-fit
  7. Image credit: Synergy Says
  8. https://www.youtube.com/watch?v=OTkP2JDeGWM - Justin Wilcox Customer Dev Labs
  9. Image credit The Ultimate Answer E.g. frustrated with too many tools, but fear of change and believed into deep specialization => fantastic software failed.
  10. Image Credit: Sean Ellis
  11. Chet Homes “The Ultimate Sales Machine”
  12. Image Credit: ClickFunnels/FunnelGraffiti
  13. Image Credit: Kate Grunton, buildalittlebiz.com
  14. Image Credit: Kate Grunton, buildalittlebiz.com