In this episode, Alex welcomes Kathleen Booth, SVP of Marketing and Growth at Pavilion, back to the show. Kathleen shares insights from her journey with Pavilion, a global private membership community for go-to-market executives in B2B tech. She discusses her evolving role, the challenges of balancing retention and acquisition, and her plans to drive Pavilion's growth in 2024.
Key Points Discussed:
- Pavilion’s Mission and Membership:
- Supporting over 10,000 members globally, Pavilion empowers executives in sales, marketing, customer success, and RevOps to thrive professionally and personally.
- Focus on fostering growth through community-driven initiatives, leadership training, and cross-functional collaboration.
- Evolving Roles and Responsibilities:
- Kathleen transitioned from overseeing marketing and member success to leading marketing and growth, focusing on top-line revenue through member acquisition.
- Insights gained from her previous role in retention now inform customer targeting and lifecycle marketing strategies.
- 2024 Growth Pillars:
- Member-Led Growth: Leveraging satisfied members to attract new ones through referrals and local chapter engagement.
- Event-Led Growth: Using high-impact events to showcase Pavilion’s unique value proposition.
- Partner-Led Growth: Strengthening partnerships to expand Pavilion’s reach and add value for members.
- Shutting Off Paid Ads:
- Pavilion eliminated paid ads in late 2022, focusing instead on organic growth, referrals, and direct member outreach.
- The decision highlighted the value of high-intent leads from word-of-mouth over low-conversion traffic from ads.
- Marketing and Industry Trends:
- Kathleen predicts increased reliance on AI to streamline operations, enhance customer personalization, and optimize content creation.
- She emphasizes the importance of authenticity, original research, and strong opinions to stand out in an AI-saturated content landscape.
- Lessons from the Tough Year in B2B Tech:
- Challenges like layoffs, reduced buying power, and prolonged sales cycles reshaped Pavilion’s strategies, focusing on prioritization and member value.
- The introduction of self-serve memberships and frictionless checkout processes bolstered growth despite economic headwinds.
- Personal Insights and Resolutions:
- Kathleen reflects on maintaining work-life balance, sharing her experience of giving up alcohol, prioritizing health, and valuing family time after a transformative year.
Key Takeaways:
- A strong member-driven approach can yield sustainable growth in challenging times.
- Embrace AI as a co-pilot to enhance efficiency and competitiveness in marketing.
- Focus on authenticity and unique value propositions to differentiate in crowded markets.
- Prioritize health, relationships, and mental well-being for long-term success.
Tune in to hear Kathleen’s thoughtful strategies and predictions for marketing and the future of B2B tech.