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MARKETING FOR
STARTUPS
Parth Mukherjee
Head of Marketing
Jifflenow
@parthsm
@parthsm
STATUTORY WARNING
The “shizzle” here is based
on my own experience.
Complete replication may
be injurious to health.
Asking tough questions,
doubly so.
@parthsmMY EXPERIENCE
Marketing strategy / execution 8
Marketing team development 6
Product Marketing 4
Services Marketing 4
Startups 2. 5
SaaS 2. 5
@parthsmWHAT WE’RE TALKING TODAY
• How founders should go about marketing at initial days
• Things founders can do without a marketing team
• When and how to hire the right marketing team
• Setting the right goals targets for marketing teams
• Getting sales and marketing to work together
THINGS FOUNDERS
CAN DO WITHOUT
MARKETING
@parthsm
10
ONE. GETAGOOD WEBSITE @parthsm
TWO. SAY NO TO SPAMMING @parthsm
THREE. BLOG OR GET BLOGGED @parthsm
FOUR. GET RICH WITH MEDIA @parthsm
FIVE. LOGO & BRAND IDENTITY @parthsm
SIX. GET REFERRED
Nielson study:
• 92% trust referrals from people they know
• 4X more likely to buy if referred by a friend
• Non-cash incentives perform 24% better
than cash
• Referral customers have 16% higher LTV
• 83% willing to refer but 29% do
@parthsm
SEVEN. BUILD YOUR STORY, WITH CARE @parthsm
EIGHT. BE SOCIAL @parthsm
NINE. RESEARCH @parthsm
TEN. METRICS & DASHBOARDS @parthsm
ELEVEN. BONUS!
GET QUALITY ADVICE
@parthsm
BRINGING MARKETING
ON BOARD
@parthsm
WHEN? @parthsm
If you can rope in a Sales /
Marketing Co-Founder,
nothing like it.
If not, this is the best
place to start thinking
about it
Will need a whole team
here
WHEN? @parthsm
Things to consider:
• Nature of business (B2B vs. B2C)
WHEN? @parthsm
Things to consider:
• How long can you (or any
co-founder) DIY?
WHEN? @parthsm
Things to consider:
• How much can you afford to
burn (CMO / Specialist /
Agency and Funded vs.
Bootstrapped)
WHEN? @parthsm
Things to consider:
• What are your near-term goals
(driving web traffic vs.
grabbing a few, large brands)
HOW? @parthsm
BIZ NEEDS
Demand-gen
Product Marketing
Customer Comm.
DECIDE
- Big Co. / Startup
Experience?
- Team builder /
Individual Contributor
- Salary / Equity
LOOK FOR
Cultural fit
Data orientation
Communication
Team player (esp. with
Product & Sales)
SETTING GOALS / TARGETS @parthsm
SHORT TERM:
• 30-day Goals
• Per Day Email
• Marketing Strategy
LONG TERM:
• OKRs
• Campaign specific goals
• Dashboards
OKRS with an example @parthsm
COMPANY OKRs
O 1. Establish Rahageer as a travel portal with a difference
KR 1. 20K total users with 75% of the customers with multiple
bookings
KR 2. 10K customers using price lock feature
.
.
O 2. Grow avg. monthly searches by 4X and bookings by 2.5X
KR 1. Achieve bookings of $6 Mn
KR 2. Increase website visitors by 8X
.
.
O 3. .
.
.
OKRS with an example @parthsm
COMPANY OKRs
O 1. Establish Rahageer as a travel portal with a difference
KR 1. 20K total users with 75% of the customers with multiple
bookings
KR 2. 10K customers using price lock feature
.
.
O 2. Grow avg. monthly searches by 4X and bookings by 2.5X
KR 1. Achieve bookings of $6 Mn
KR 2. Increase website visitors by 8X
.
.
O 3. .
.
.
POSITION
WEB
CONVERSIO
N
WEB
CONVERSIO
N
WEB USAGE
WEB VISITS
OKRS with an example @parthsm
MARKETING OKRs
O 1. Position Rahageer as a travel portal with a difference
KR 1. 20 online press articles with at least 10K views each
KR 2. 5 videos on YT with at least 15K views each
.
O 2. Grow avg. monthly web visits by 8X
KR 1. Implement SEM campaigns to increase paid search visits by 10X
KR 2. Optimize webpages to increase organic search visits by 6X
.
O 3. Improve web design and user experience with product team
KR 1. Reduce bounce rate by 30%
KR 2. Ensure 75% users click on price lock feature
.
O 4. Convert at least 35% of website visitors
KR 1. Retarget and convert 40% of users who leave website
.
POSITION
WEB
CONVERSIO
N
WEB USAGE
WEB VISITS
OKRS with an example @parthsm
MARKETING DASHBOARD
$ invested Visitors Bounce Time Spent Searches Conversion $ Booked CAC
Website
Direct
Referral
Source 1
Search
Organic
Ads
Social
Facebook
Twitter
LinkedIn
Blog
Emails
Mass Mail
LinkedIn
Ads
GDN
Retargeting
GETTING SALES & MARKETINGTO WORKTOGETHER @parthsm
• Joint OKRs
• Lead / User scoring standards
• Compensation
• Join planning
• Daily / weekly metrics based discussions
• Relationship building
• Commonly agreed SLAs
• Mix em’ up
THANKS FOR
LISTENING
QUESTIONS?
@parthsm

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Marketing for startup founders

  • 1. MARKETING FOR STARTUPS Parth Mukherjee Head of Marketing Jifflenow @parthsm
  • 2. @parthsm STATUTORY WARNING The “shizzle” here is based on my own experience. Complete replication may be injurious to health. Asking tough questions, doubly so.
  • 3. @parthsmMY EXPERIENCE Marketing strategy / execution 8 Marketing team development 6 Product Marketing 4 Services Marketing 4 Startups 2. 5 SaaS 2. 5
  • 4. @parthsmWHAT WE’RE TALKING TODAY • How founders should go about marketing at initial days • Things founders can do without a marketing team • When and how to hire the right marketing team • Setting the right goals targets for marketing teams • Getting sales and marketing to work together
  • 5. THINGS FOUNDERS CAN DO WITHOUT MARKETING @parthsm 10
  • 7. TWO. SAY NO TO SPAMMING @parthsm
  • 8. THREE. BLOG OR GET BLOGGED @parthsm
  • 9. FOUR. GET RICH WITH MEDIA @parthsm
  • 10. FIVE. LOGO & BRAND IDENTITY @parthsm
  • 11. SIX. GET REFERRED Nielson study: • 92% trust referrals from people they know • 4X more likely to buy if referred by a friend • Non-cash incentives perform 24% better than cash • Referral customers have 16% higher LTV • 83% willing to refer but 29% do @parthsm
  • 12. SEVEN. BUILD YOUR STORY, WITH CARE @parthsm
  • 13. EIGHT. BE SOCIAL @parthsm
  • 15. TEN. METRICS & DASHBOARDS @parthsm
  • 16. ELEVEN. BONUS! GET QUALITY ADVICE @parthsm
  • 18. WHEN? @parthsm If you can rope in a Sales / Marketing Co-Founder, nothing like it. If not, this is the best place to start thinking about it Will need a whole team here
  • 19. WHEN? @parthsm Things to consider: • Nature of business (B2B vs. B2C)
  • 20. WHEN? @parthsm Things to consider: • How long can you (or any co-founder) DIY?
  • 21. WHEN? @parthsm Things to consider: • How much can you afford to burn (CMO / Specialist / Agency and Funded vs. Bootstrapped)
  • 22. WHEN? @parthsm Things to consider: • What are your near-term goals (driving web traffic vs. grabbing a few, large brands)
  • 23. HOW? @parthsm BIZ NEEDS Demand-gen Product Marketing Customer Comm. DECIDE - Big Co. / Startup Experience? - Team builder / Individual Contributor - Salary / Equity LOOK FOR Cultural fit Data orientation Communication Team player (esp. with Product & Sales)
  • 24. SETTING GOALS / TARGETS @parthsm SHORT TERM: • 30-day Goals • Per Day Email • Marketing Strategy LONG TERM: • OKRs • Campaign specific goals • Dashboards
  • 25. OKRS with an example @parthsm COMPANY OKRs O 1. Establish Rahageer as a travel portal with a difference KR 1. 20K total users with 75% of the customers with multiple bookings KR 2. 10K customers using price lock feature . . O 2. Grow avg. monthly searches by 4X and bookings by 2.5X KR 1. Achieve bookings of $6 Mn KR 2. Increase website visitors by 8X . . O 3. . . .
  • 26. OKRS with an example @parthsm COMPANY OKRs O 1. Establish Rahageer as a travel portal with a difference KR 1. 20K total users with 75% of the customers with multiple bookings KR 2. 10K customers using price lock feature . . O 2. Grow avg. monthly searches by 4X and bookings by 2.5X KR 1. Achieve bookings of $6 Mn KR 2. Increase website visitors by 8X . . O 3. . . . POSITION WEB CONVERSIO N WEB CONVERSIO N WEB USAGE WEB VISITS
  • 27. OKRS with an example @parthsm MARKETING OKRs O 1. Position Rahageer as a travel portal with a difference KR 1. 20 online press articles with at least 10K views each KR 2. 5 videos on YT with at least 15K views each . O 2. Grow avg. monthly web visits by 8X KR 1. Implement SEM campaigns to increase paid search visits by 10X KR 2. Optimize webpages to increase organic search visits by 6X . O 3. Improve web design and user experience with product team KR 1. Reduce bounce rate by 30% KR 2. Ensure 75% users click on price lock feature . O 4. Convert at least 35% of website visitors KR 1. Retarget and convert 40% of users who leave website . POSITION WEB CONVERSIO N WEB USAGE WEB VISITS
  • 28. OKRS with an example @parthsm MARKETING DASHBOARD $ invested Visitors Bounce Time Spent Searches Conversion $ Booked CAC Website Direct Referral Source 1 Search Organic Ads Social Facebook Twitter LinkedIn Blog Emails Mass Mail LinkedIn Ads GDN Retargeting
  • 29. GETTING SALES & MARKETINGTO WORKTOGETHER @parthsm • Joint OKRs • Lead / User scoring standards • Compensation • Join planning • Daily / weekly metrics based discussions • Relationship building • Commonly agreed SLAs • Mix em’ up