Steve Armenti

AMA: DigitalOcean VP Revenue Marketing, Steve Armenti on Demand Generation Strategy

April 24 @ 10:00AM PT
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Steve Armenti
Google founder @ twelfth ⚡️ data-driven ABM ⚡️ | Formerly Google, DigitalOcean2y
Nand generation is going out into the market and generating interest in your product. Growth marketing is a process in which you develop a hypothesis, test that hypothesi...
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Steve Armenti
Google founder @ twelfth ⚡️ data-driven ABM ⚡️ | Formerly Google, DigitalOcean2y
It's pretty unique to company and your industry. But a good rule of thumb would be 60% brand and 40% demand
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Steve Armenti
Google founder @ twelfth ⚡️ data-driven ABM ⚡️ | Formerly Google, DigitalOcean2y
One of the biggest variables is do you have product market fit. It's really hard to sell a crappy product to people that don't want it. So before any company should inves...
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411 Views
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Steve Armenti
Google founder @ twelfth ⚡️ data-driven ABM ⚡️ | Formerly Google, DigitalOcean2y
Start with the customer. Who are they, what do they care about, what are their problems, they trying to solve for, Jobs are they trying to get done. Then look at product ...
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450 Views
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Steve Armenti
Google founder @ twelfth ⚡️ data-driven ABM ⚡️ | Formerly Google, DigitalOcean2y
The biggest success I had was using AI I to map existing lead job titles to a specific taxonomy that I created. By organizing leads into that taxonomy, I was able to Targ...
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477 Views
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How do you balance demand gen targets against sales quotas and company-wide revenue goals?
Related to demand gen / sales alignment, specifically thinking about aligning quarterly targets and demonstrating Demnad Gen's contribution to revenue
Steve Armenti
Google founder @ twelfth ⚡️ data-driven ABM ⚡️ | Formerly Google, DigitalOcean2y
I look at historical conversion rates or make an educated assumption on conversion rates, and then I look at my demand generation budget and back into the expected perfor...
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461 Views
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Steve Armenti
Google founder @ twelfth ⚡️ data-driven ABM ⚡️ | Formerly Google, DigitalOcean2y
Basic email platform engagement. But most importantly, Are emails qualifying leads for outreach. Do emails speed up the qualification process. Do leads that engage with e...
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429 Views
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Steve Armenti
Google founder @ twelfth ⚡️ data-driven ABM ⚡️ | Formerly Google, DigitalOcean2y
Regional sales teams Sales opsFinance PMM Marketing opsDemand gen
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530 Views
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Steve Armenti
Google founder @ twelfth ⚡️ data-driven ABM ⚡️ | Formerly Google, DigitalOcean2y
The most common I would say are company size, company industry, Geo, recent funding, hiring, acquisitions, tech install. Then on lead title, job function, seniority.
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Steve Armenti
Google founder @ twelfth ⚡️ data-driven ABM ⚡️ | Formerly Google, DigitalOcean2y
Look at marketing performance based on the revenue it's generated. Then break that down by Geo, campaign, and tactic. From there you will know what's working and what's n...
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399 Views
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Steve Armenti
Google founder @ twelfth ⚡️ data-driven ABM ⚡️ | Formerly Google, DigitalOcean2y
Always base it on revenue performance. When evaluating any channel think about the customer acquisition cost in that channel compared to the total lifetime value of any c...
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547 Views
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Steve Armenti
Google founder @ twelfth ⚡️ data-driven ABM ⚡️ | Formerly Google, DigitalOcean2y
This is tricky because lead generation providers want you to measure based on CPL or mqls. That's wrong. The truth is that none of these leads will be qualified or sales ...
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920 Views
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Steve Armenti
Google founder @ twelfth ⚡️ data-driven ABM ⚡️ | Formerly Google, DigitalOcean2y
Step zero. Those things are really critical in order for demand to really work. I like to build a pitch deck and go around socializing my strategy and my forecast interna...
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Steve Armenti
Google founder @ twelfth ⚡️ data-driven ABM ⚡️ | Formerly Google, DigitalOcean2y
Paid searchPaid socialContent syndication Sponsored eventsPartner co-marketingSEO
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464 Views
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Steve Armenti
Google founder @ twelfth ⚡️ data-driven ABM ⚡️ | Formerly Google, DigitalOcean2y
It depends on the duration of your customer life cycle. Since I've been in mostly B2B where the sales cycle is 6 plus months, I would focus on one and then the other.
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478 Views
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