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The Revenue Formula (podcast summary)

January 14, 2024 Jeremey Donovan

  • Here's How AI is Changing Sales (with Kyle Coleman) [2024-08-22]
  • Returning to Face-to-Face (With Thomas Hansen, President of Amplitude)
  • Why Your GTM Needs a Digital Twin
  • 5 Types of ROI (with Sangram Vajre, Co-Founder and CEO at GTM) Partners)
  • 3 Signs Sales is Broken

Here’s How AI is Changing Sales (with Kyle Coleman) [2024-08-22]

  • AI SDRs are creating more headaches than they are solving. If your AI SDR sends 40K emails this week, then you might see a little bump but you will burn your TAM to the ground. Fewer, better emails is superior.
  • AI may lead to fewer SDR jobs but the jobs that remain will be much better.
  • Prompting is hard. To get value out of an AI tool, you need to know what questions to ask.
  • Great copywriting requires:
    • Account research
    • Persona research
    • Personal research (their job experience & work history)
    • Your value prop
  • To use AI today, humans should set the strategy, AI workflows streamlining as much as possible, and then humans doing the last-mile QA at the end.
  • The right GTM frame is not what is best and most efficient for us but rather what is best for the customer.
  • Outsourced sales development fails 90%+ of the time. We should not expect better results fully outsourcing sales development to AI than we have seen outsourcing SDRs to the Philippines.

Returning to Face-to-Face (With Thomas Hansen, President of Amplitude)

  • Once you have created that first human interaction face-to-face, working with a prospect online becomes so much easier because that emotional connection has been established. [16:00-16:23]
  • To scale, complement PLS/inside sales, enterprise sales with PLG & partners.

Why Your GTM Needs a Digital Twin

(no key highlights)

5 Types of ROI (with Sangram Vajre, Co-Founder and CEO at GTM) Partners)

  • 5 Types of ROI
    • Attributional
    • Transformation
    • Efficiency
    • Necessity
    • Indirect
  • CEO-level GTM decisions center on capital allocation decisions between
    • Marketing & Sales
    • NA / EU / APAC
    • Buy / Build / Partner
    • PLG / SLG

3 Signs Sales is Broken

  • If you do SDR pairing, don’t just randomly assign SDRs to AEs. Hold a draft where the best AEs get the first picks. [7:47-8:56]

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