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“Influencers Who Inspire” Our Latest Interview With Jason Miller Of Marketo

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Jason Miller serves as senior manager, social media strategy at Marketo. He leads the company’s social media efforts, focusing on optimizing social for lead generation and driving revenue. He is a regular contributor to leading marketing blogs, such as Social Media Examiner, Social Media Today and Marketing Profs.

JasonMillerMarketo

Pick one: Beer, Wine, Soda, Juice, Coffee, Tea  or Water?

I don’t always drink beer, but when I do, I prefer Stella.

In addition to your social media strategist position by day, you are also a rock music photographer by night. What is the one band you haven’t seen live yet that you would love to photograph?

I have been fortunate enough to photograph many of my favorites including The Cult, Guns N Roses, Motley Crue, Keane, etc. But I am missing one, and that would be Cheap Trick. Their management company has ignored my requests for some reason, but there are two shows coming up here in The Bay Area that I will be attending so I am hoping they respond accordingly this time. It’s free PR for them, so I am very surprised to see them pass up the opportunity.

What parallels in skill sets can you draw from photographer & entertainment writer to the social media magic maker you are today?

Creativity, striving for perfection and the freedom to try new things. Social media marketing is all about how creative you can get while selling to your customers and prospects without selling. There’s a great quote from marketing mastermind Gene Simmons that I always go back to: “We need the people to like what we do. The more they like us, the more they will buy.” That’s been his philosophy regarding KISS and their worldwide domination, but it also applies very well to a company’s social media strategy. The mentality of ‘always be closing,’ needs to change to ‘always be helping.’

In your recent AMA webinar on the topic of Social Media for Lead generation you spoke about “getting out there and trying things.” What ‘things’ do you recommend trying first to increase engagement?

By ‘things’ I essentially mean trial and error. Social channels are simply another touch point between you and your customers and prospects. They move in real time and what works for one business may not work for the other. The idea here is to find success stories and strategies, then make them your own by adjusting the tactics to your audience. Many of your early social campaigns will indeed fail, and that’s ok. The key here is patience and not giving up too early.

How do you keep up with all of your different social networks ? What processes or tools do you have in place to make it easier?

It is challenging, to say the least. Hootsuite is essential for managing multiple social networks, but I really love reading blogs. With the looming death of Google Reader, I have switched over to Feedly to aggregate and read the blogs that I love. Flipboard is also a great option when I want a fully-integrated social feed in a magazine-style format, the only problem there is the filtering. But they are getting much better.

You talked a bit about LinkedIn as a critical social tool for lead generation, and it has certainly improved in the recent months. What do you see as the most valuable way for a business to use LinkedIn?

The most valuable way businesses can use LinkedIn right now is for prospecting, listening and building credibility. There is a cornucopia of insights within the platform, if you know how to set up saved searched-around keywords. There is also a tremendous opportunity to engage with super relevant conversations within the newsfeed and LI groups. I am really excited to see the new products that will be coming from LinkedIn for marketers in the coming months, as I believe they are just getting started.

You also mentioned Facebook as being an important lead generation tool no matter the kind of business you are in. Can you explain why that is the case?

The bottom line here is that if your business or brand, regardless of the niche you are in, doesn’t have a presence on Facebook, you are simply missing opportunities. There are more than one billion people on Facebook; if you think your customers, prospects and decision makers are not there, you are wrong. The important thing to remember is that in the world of B2B marketing, your customers and prospects are not on social to be sold to. Entertain them, tell them a story, give them something to share, help them along the way, and when it comes time for them to purchase, your company will likely be top of mind.

Measuring success is always important to any marketing initiative and tying our work with social back to lead generation is no different. For a small business that may not be able to afford a Radian6 or Marketo right now, what metrics do you recommend looking at beyond likes, shares and follows to determine campaign success. Are there any good free tools that go beyond the average vanity measurements?

That’s a great question. For a small business or anyone just getting started, I would recommend something simple but super effective such as Sprout Social. It’s a pretty decent all-around social tool and provides a nice foundation for anyone looking for a quick snapshot of the social-sphere around their business. Once you begin to get a bit more serious around your social measurement of lead gen opportunities, then you need to start tracking social as a lead source, along with referring traffic and conversions from social. You can do that with Google Analytics. The main thing to keep in mind is that when you start seeing leads come in from social, they are almost never ready to buy. You need to have a lead nurturing process in place, and that’s where marketing automation really shines.

We work some amazing and dynamic marketers and CEOs with fantastic ideas, but sometimes best intentions for writing don’t seem to happen. What is your best tip for inspiring busy executives to crank out the blog posts?

Easy. Go to lunch with them and ask them questions. Record the conversation, then have it transcribed via TranscriptionStar or a similar service. You can extrapolate from there and possibly even have two or three posts from one conversation.

As an aspiring comedian, would you please share the funniest social media update you ever posted or remember seeing across your networks? 

I don’t know if it’s as funny as it is disturbing, but I once tweeted that I woke up one morning still unable to forgive George Lucas for introducing Jar Jar Binks to the world. Somehow it got retweeted tens of thousands of times, and I ranked as the number one influencer for Jar Jar Binks on Klout.

Interested in learning more? Please leave any questions or comments for Jason below.  You can also catch up with him on the Marketo blog or follow him on Twitter.

“Effective Executive” Series with Eliot Buchanan, Co-founder and CEO of Plastiq

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Eliot BuchananThis week’s “Effective Executive” interview is with Eliot Buchanan, Co-Founder and CEO of Plastiq, an online service that allows people to use their credit cards to pay for things when they couldn’t before. We asked Eliot about his early days building the Company, the challenges he has encountered and what he is passionate about.

As you worked to build Plastiq, how long did the entire process take?

I would say the first two years at Plastiq were spent almost exclusively on building and testing the business concept, talking with customers, understanding the marketplace, and building relationships. Like many industries – though perhaps even more so in financial services – forming key relationships in the marketplace is one of the biggest assets (or, if lacking, drawbacks) of an early stage venture like ours. For us, this was true from the very beginning. We were very focused and invested heavily in building social capital with the ecosystem before even asking (and getting) that ecosystem to adopt our product.

What obstacles or challenges did you encounter in the earlier days of Plastiq?

There were many. I’ve always said that the most exciting time in an early company is the first month or so. That’s when you think you have the best idea in the world that needs no money, will scale infinitely, is without competition, and you estimate that you can sell it for a billion dollars. After the first month, reality starts to set in, and various roadblocks happen. I’m sure these feelings are comparable for other companies that are driving disruption and innovating within an industry.

I think what has allowed Plastiq to thrive, however, is that we have embraced each of these roadblocks as a challenge and this has fueled important and necessary change. Perhaps a competitor had highlighted an important aspect of the ecosystem that we missed in our early days, but which we only now learned unexpectedly. Or take the need for capital. Any entrepreneur’s toughest challenge can be raising money. But through that process of pitching and speaking to hundreds of people – each of whom was a potential customer of my product as well – I was able to learn so much about how I could describe my own business to different audiences. This allowed me to better align myself, understand various challenges, and strive to improve them.

Another aspect worth mentioning – and I suspect it’s universal to the start up process – is the true daily rollercoaster ride. I am confident that no one except the entrepreneur experiences as many ups and downs in a single day. But it is also this same process that can lead to building the grit and character required to creating something big. This has been true of Plastiq since day 1 and it absolutely remains true today.

Can you describe how your Harvard education prepared you for your role today, leading the company and being its strategic advisor/visionary?

I get this question a lot, and I generally think about my time at Harvard with some frequency. I suspect this is because I enjoyed my experience there. I think there are two aspects worth mentioning.

First, in terms of formal preparation, I would strictly say that Harvard offered no formal education that applied directly to what I am doing at Plastiq, or any business for that matter. Before you raise concerns about the Ivy League education system, let me clarify my statement a bit further. Harvard is a liberal arts college, and it focuses on teaching students to appreciate a broad range of interests and perspectives. This established a foundation that allows the thought and reflection necessary to be “creative” and innovate or go outside established boxes.

In fact, formality, in this respect, would be the exact opposite of what – in my view – would engender entrepreneurship. The academic informality at Harvard (and I’m not saying it’s perfect) encouraged me to think more as a “generalist” rather than a “specialist”, and pushed me to better understand what I wanted to do, what needed to change in the world, what could be improved, and what mattered or didn’t matter to me.

The second aspect is all about people and character. This is not unique to Harvard but more broadly any successful “college” experience. While at Harvard, I was surrounded by incredible people. Challenging people. Some people I didn’t like (that’s life). And others I didn’t understand (that’s growth). Whether it was my roommates, classmates, or teammates (I was on the varsity squash team), I found myself constantly challenged and pushed to become a leader, to get along with others, to learn from them, admire them, cherish them, and help them. Some of my hardest days as a college student were learning seemingly basic skill sets within a team setting. It’s extremely difficult for me to sit here today and imagine how I could be leading a group of talented executives without having gained a hands-on “education” about people – their strengths and flaws – as well as my own while I was in college.

Can you explain what you feel it means to be a true “entrepreneur”?

In my view, an entrepreneur is a leader of change and a motivator of trust in others to carry out that change or at least respect that it is happening without them and around them. In this respect there is no financial instrument linked to the definition of “entrepreneur” or their outcome, and we see many “entrepreneurs” in non-business pillars (presidents, activists, religious leaders, sports icons – these are all entrepreneurial in many of their aspects). Entrepreneurs in any “field” must all lead people through the toughest moments. They will always have many doubters, a lot of competition for their business or at least their attention, and they must always be “on” no matter what time of day it is–where they are, or who they are with. The world – or at least their world – is ceaselessly watching.

In terms of “serial” entrepreneurs, I don’t really appreciate the term, as it focuses too much on the “business” and a quantification of success. I think, at least in my view, one only becomes an entrepreneur after one has been through a number of ventures, and in thus the very “serial” nature of the term is really a pre-requisite to being a “true entrepreneur.”

Being part of many other ventures, do you enjoy the start up culture? Why or why not?

I’ve always been a self-starter and have consistently been drawn to solving problems, taking risks, and I’m never afraid to “try the new.” There are many things I love about being in an early stage company, but suffice it to say, I had a normal 9-5 job once and lasted only a few weeks (probably because I wasn’t qualified).

I think what I enjoy most about the environment I am currently in is the people; each day I am forced to be a better leader – even a better person – in order to move the company and our vision forward. I never thought leading and motivating could be all I do in a day while still being exhausted, satisfied, and ready to wake up the next day – eagerly – at 5am. It doesn’t quite make sense, except perhaps in the start up world. That’s a neat feeling and it’s a lot of fun.

Outside of work, what else are you passionate about? hobbies?

Being an entrepreneur, my list will be noticeably short…

I was a big squash player in my younger days as well as in university. I’m slowly getting back into the sport, which I enjoy very much. I like traveling and the outdoors – my former college roommates and I do a multiday backpacking trip each year ever since we graduated.

What is next for Plastiq for the remainder of 2013?

If I told you I’d have to kill you (kidding). One of the things I enjoy most about our company and my team is our somewhat paradoxical obsession of laying low and being patient but then ultimately going out with unprecedented scale and impact in everything we do. This doesn’t mean we wait until we get everything right (mistakes are, after all, the ingredients of success for an entrepreneur), but rather that we feel comfortable in our own skin and like being humble, before ultimately letting the world know that we’ve abruptly taken over a marketplace.

2013 is no different. For the first quarter most of my team was universally focused on a single goal, while the broader market would have probably asked, “sorry, who is Plastiq?” At the end of March, we launched our product that addressed the largest payment opportunity in Canadian history, and was the first and only provider to allow tax payments for all Canadians on any credit card of their choice.

What I will say about the remainder of 2013 is that the March launch for tax was not about “pay your taxes”, but was more about “welcome to Plastiq.” We have a lot more in store.

Persuasive Picks for week of 4/16/12

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When Deborah Sweeney, CEO of MyCorporation, started to run her own business, she never would have guessed that a day would come when she’d be expected to update the internet on her life in 140 characters or less. To help CEO’s aspiring to join the Twitter-sphere, Deborah posts her advice on Becoming a “Corporate Executive Tweeter” on SocialMediaToday.

A strong referral network is imperative for small businesses. Thanks to social networking, businesses can now connect directly with customers, enabling them to market in new more cost-effective ways. MarketingProfs guest blogger Pamela Springer provides some tips to Build a Strong Referral Network to Boost Your Business and parlay those social networks into business opportunities.

Pinterest isn’t only for women – despite its heavy concentration on all things girlie, it’s for guys, too! Pinterest has a growing audience of men who like the site – for many of the same reasons women do explains Jennifer Waters in her latest MarketWatch article Why men like social-media site Pinterest.

Doug Schumacher takes a look at some numbers around Facebook content and what kind is the most shared, and finds that video and photo posts are far more likely to be shared than status updates or links. Find out more of What consumers share on Facebook – and why in his iMediaConnection post.

When Is Your Product Ready to Launch?

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Space Shuttle LaunchMany of our clients are passionate entrepreneurs and CEOs with brilliant ideas and products. Our role (or process for?) in bringing products to market begins as soon as we engage with a prospect. Below are five of the typical questions we ask each of our clients before we set a launch date and begin planning. If you are thinking of launching in the near term, ask yourself these questions to ensure you are fully prepared, before you make the investment in a launch and open the flood gates on PR activities:

  1. What is the value you offer to customers/users that no one else can provide?
    When launching any product the media and influencers covering the market will want to know what makes you unique. Be sure to do your market research and have at least 2-3 differentiators you can point to that set you apart from the competition.
  2. Who are your competitors? (Note: everyone has them)
    Competition comes in many forms. Direct competitors like Microsoft and Apple are to each other for example, and indirect competitors that are in a position to capture your market. These may be smaller players entering the space, with similar products, or larger players like Google that have a potential to erode your market share with a future offering currently in development. Reporters will ask and if you don’t have competitors in mind, they will find them for you. Be sure to know your position in the market and defend it with your differentiators.
  3. Have you beta tested? What references/user benefits/highlights can you talk about?
    Reporters and influencers will be interested in hearing about your product from your company spokesperson, but they will want proof that your product serves a real customer need. Hearing actual use cases from your customers adds needed credibility and increases your chances for positive coverage. Be sure to build positive relationships with your customers and have 2-3 in your back pocket that you can offer to the media as needed.
  4. Do you have an articulate spokesperson?
    Media training is an essential component to ensuring your launch messages are heard and understood. Be sure your company executives are well trained and prepared for media interviews and can convincingly articulate key messages concisely, enthusiastically and consistently. If not, consider holding a messaging session to refine messages, followed by media training for your key spokesperson. This should take place well in advance of the launch date.
  5. Can you confidently demo the product to media?No matter how articulate your spokesperson is, if the product has bugs in it and isn’t ready for primetime, your media coverage will certainly suffer as a result. Be sure to build a solid demo, highlighting the strongest features of your product, well in advance of launching. If your product is difficult to demo in a short time frame, consider building a product video demo/or screencast that can be sent to media to insert into their posts or articles.

Were these tips helpful? Are there any other questions you would add to the list? We look forward to hearing your thoughts in the comments below.

Image Credit: cosmobc