#FlipMyFunnel Austin - Lincoln Murphy - Take the Power Back!

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Take the Power Back! Hello, my name is Lincoln Murphy I am the Growth Architect for Winning by Design™ @LincolnMurph y

Transcript of #FlipMyFunnel Austin - Lincoln Murphy - Take the Power Back!

Page 1: #FlipMyFunnel Austin - Lincoln Murphy - Take the Power Back!

Take the Power Back!

Hello, my name is Lincoln Murphy I am the Growth Architectfor Winning by Design™

@LincolnMurphy

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Take the Power BACK!

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The Power has Shifted

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Customers haveALL thepower!

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Pay as you go Subscriptions

No Vendor Lock-in

Few barriers to exit

Low switchi

ng costs

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“We have to PROVE our

value everyday!”

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This FREAKS

Vendors Out

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Take the Power BACK!

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But what if it’s NOT abouttaking the

power BACK?

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But what if it’s NOT abouttaking the

power BACK?

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@lincolnmurphy

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We’re all in this

TOGETHER!

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We need to look at

POWER differently

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“POWERis the

capacity to alter the state of others”

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We can’ttake itBACK

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That power is GIVEN

to us

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Power requires them to TRUST

you

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We EXIST to alter the

state of our customers

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We have an AMAZING amount of

power

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Make your CUSTOMERS

powerful!

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They’ll make YOU

powerful!

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Draw a Line in the Sand

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Draw a Line in the Sand

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Draw a Line in the Sand

Newton’s3rd Law

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Draw a Line in the Sand

“What goaround come around, kid.” – Cypress Hill

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How will they make

US powerful?

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Stay longerBuy More

Expand InternallyAdvocate Externally

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@lincolnmurphy

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How do we make our customers

POWERFUL?

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By making them

SUCCESSFUL

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Focus onCUSTOMER SUCCESS

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Desired OutcomeCustomer Success is when customers achieve their

interactions

through with your companytheir

“”- Lincoln Murphy

@lincolnmurphy

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The Future of Business

ISCustomer Success

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Customer Success

Operating Philosophy

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Customer Success

Operating Model

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OrchestrateOperationali

zeInstrument

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Desired OutcomeCustomer Success is when customers achieve their

interactions

through with your companytheir

“”- Lincoln Murphy

@lincolnmurphy

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RequiredOutcome

AppropriateExperience

Desired Outcome

What your customer needs to achieve

How they need to achieve it

@lincolnmurphy

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Customer Characteristics

RequiredOutcome

AppropriateExperience

Method

Customer(segment)

Desired Outcome

@lincolnmurphy

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More people to my event

Email Marketing

Desired Outcome – Email Marketing

@lincolnmurphy

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DIY, no $$$, tech-first

More people to my event

API, self-service, Slack

support channelEmail Marketing

Early-stage

Startup

Desired Outcome – Email Marketing

@lincolnmurphy

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Must work, has $$$, less-

tech

More people to my event

GUI, 24/7 support, 3-year

contractEmail marketing

F500 Dept.

Desired Outcome – Email Marketing

@lincolnmurphy

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@lincolnmurphy

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Point A to B

quickly & safely Air Travel

Desired Outcome – Air Travel

@lincolnmurphy

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needs to work, no

time to eat

Point A to B

quickly & safely

Assigned seating, WiFi, food service,

room to workAir Travel

Business Traveler

Desired Outcome – Air Travel

@lincolnmurphy

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Save money, enjoy

destination

Point A to B

quickly & safely

Cheap fare,

snacks and drinksAir Travel

Family going on vacation

Desired Outcome – Air Travel

@lincolnmurphy

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Desired OutcomeCustomer Success is when customers achieve their

interactions

through with your companytheir

“”- Lincoln Murphy

@lincolnmurphy

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Interactions start

EARLY

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Marketing & Sales SET

THE TONE for the

relationship

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“The seeds of churn are planted early” – Lincoln Murphy@lincolnmurphy

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The initial sale is critical, but it’s just the tip of the

iceberg

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Year 1 Year 2 Year 3 Year 4 Year 5

80%

20%

Customer LifetimeValue

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Year 1 Year 2Year 3 Year 4

Year 5

> 95%

< 5%

Customer LifetimeValue

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Year 1 Year 2Year 3 Year 4

Year 5

> 98%

< 2%

Year 6

Customer LifetimeValue

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Engage prospects with

SUCCESS POTENTIAL

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AvoidBAD FIT

customers

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Acquire customers that will GROW &

ADVOCATE

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Cut through the NOISE to

get to the account

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“Enter the conversation already taking place in your customer’s mind.” – Robert Collier

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“Enter the conversation already taking place in your customer’s mind.” – Robert Collier

c. 1937

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Their Desired Outcome

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The topic of the conversation in their mind

Their Desired Outcome

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@lincolnmurphy

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Shortens sales cycles

Increases sales velocity

Improves CAC efficiency

Expands account potential

Desired Outcome in ABM

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Desired OutcomeCustomer Success is when customers achieve their

interactions

through with your companytheir

“”- Lincoln Murphy

@lincolnmurphy

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Customer. SUCCESS.

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When your CUSTOMERS

Succeed...

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YOU Succeed!

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Thank You!@[email protected]

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You are awesome. Thank you for attendingLearn more about me at

http://sixteenventures.comAnd contact me via

[email protected]@LincolnMurphy

Take the Power Back!