Delight Masterclass and Case Study Questions

cpieri
HubSpot Employee
HubSpot Employee

Delight Masterclass and Case Study Questions

Have any questions about this masterclass and case study? This is the place to post them!

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11 Replies 11
rchay
Member

Delight Masterclass and Case Study Questions

Hi, 

 

Do you have any tips or best practices for achieving Product Market Fit? Are there specific KPIs or time-based metrics that help you figure out when you are ready to expand the product to more customers?

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emilyraleigh
Participant

Delight Masterclass and Case Study Questions

Hi @rchay, Here are some resources from HubSpot on this: 

 

How to Determine Product-Market Fit in Your Industry [Blog Post] https://blog.hubspot.com/sales/product-market-fit

The Ultimate Product Marketing Go-to-Market Kit [Free Templates] https://offers.hubspot.com/product-marketing-kit

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hummii_yummy
Member

Delight Masterclass and Case Study Questions

As we are still building our product, is it important to focus most of our attention internally on that OR should we still be providing value to our community and building awareness via social media, blogs, etc.?

 

[Also we are looking for marketing experts who may have a spare 30 minutes-1 hour per week to match up with our Sweet Marketing Specialist. She is an amazing student from Puerto Rico who could benefit greatly from some mentorship/guidance and hopefully return the favor with some young energy/perspective on marketing!]

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emilyraleigh
Participant

Delight Masterclass and Case Study Questions

Hi @hummii_yummy, Great question! The balancing act is difficult. 

 

It’s important to start growing your brand so that when you launch your product, you have an audience excited about the product. In fact, when HubSpot first launched, the co-founders were still building out the product but they started blogging before the product had launched. That way, when the product did launch, there was already a community that was confident in the company’s credibility. 

 

If you are strapped for time, consider which platform (i.e. Instagram, blogging, YouTube, etc.) is going to be the most beneficial for your audience. Our advice: do some research to see where your audience is most active. For example, for startups, they are hyper-engaged on Twitter. Find out where your persona is most active and craft a strategy for that platform that will engage with them in a meaningful way.

 

Then, dedicate a sensible amount of time to creating content on that platform. Check out the HubSpot Blog and HubSpot Academy for guidance on how to grow an audience on specific platforms. There are some great how-tos and instructional videos that could help you out!

 

You don’t have to do it all at once, especially at first! Pick where your time is best spent, do it right on that platform, and consider expanding to other platforms when feasible. 

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CJAspirent
Member

Delight Masterclass and Case Study Questions

Question not answered in AMA:
Short of directly contacting customers how can a startup acting in stealth grow a large customer base? We're build CABs and a close nit community of talent, clients, investors etc. but it's time consuming, how can we do this quicker and faster so when we launch we already have a significant portion of the market before being visible to our competitors.

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emilyraleigh
Participant

Delight Masterclass and Case Study Questions

Hi @CJAspirent, great question. You're right, that's a tough one. 

 

You could take the partner approach. Is there a program that many of your target customers have memberships with? For example, if you were targeting marketers, perhaps individual chapters of the American Marketing Association could be a good way to address a group at once.

 

Otherwise, if you are trying to keep it one-to-one outreach, free sales tools that help boost productivity, like email scheduling and templates, or a CRM can help at least streamline these communications.

 

Hope that helps! 

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LydiaNicoll
Participant

Delight Masterclass and Case Study Questions

Hi! Lydia from ClowID here. These are our questions for Delight:

 

In the masterclass, marketing, sales, and customer success alignment wasn't stressed as a "do" until the growth phase... but isn't it easier to establish alignment from the get-go before having many employees and trying to implement processes/culture after the fact? What would be the advantage to waiting?

 

How should we best be evaluating our revenue retention? How can we leverage these metrics for forecasting so we know how to best allocate what little resources we have?

 

In the case study, Edmund stressed the importance of managing expectations (reality vs. promise), but then he stated it's a great base to ask potential customers what their ideal experience looks like.... but isn't this counterintuitive? If you allow prospects to set the expectations, or at least articulate what they want and you aren't able to deliver, isn't that a losing scenario, rather than if you were to just articulate reality and manage the expectations from the beginning yourself? 

 

 

Thanks!

Lydia

 

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emilyraleigh
Participant

Delight Masterclass and Case Study Questions

Hi @LydiaNicoll , Great questions! 

 

Culture is definitely something that should be prioritized from day #1. We are big proponents of that here at HubSpot. In fact, we did a whole presentation on this very subject in Paris last year. If you'd like some resources on this, let me know and I can send them over.

 

As far as processes go, they evolve over time so as your team grows, processes will look different, so I would recommend keeping that top of mind and iterating as necessary. From my own experience running a startup, process was best early on but absolutely critical as we grew the team. 

 

In terms of alignment, when a startup is just a small team (1-5 people), alignment is important but it's more natural because it's all-hands-on-deck all the time. As a team grows and there's not just one person handling marketing and sales and the team is all helping with customer success (which is often the case at first!), alignment is absolutely necessary and processes need to be in place to create that alignment and to continue it at scale. So while there isn't an advantage in waiting, the necessity of having it escalates as the company grows.

 

For your question on managing expectations, you're absolutely right. You don't want to under-deliver and that concern is very fair. However, especially in the early stages, most startups are still iterating on their product so while it may feel like under-delivering if you can’t create precisely what they are looking for, by knowing from the start what they want, with each iteration you’re able to move closer to it without wasting time on other things that maybe the customer doesn’t want. 

 

Our biggest advice is: practice being customer-centric right from the start. That’s how you will build a customer base that wholeheartedly believes that you care about them and their needs and are going to do your best to meet them. You can only do that if you sincerely know what their needs are. If you don’t ask the customers what their ideals are and just give them what you can manage, that’s putting the startup first rather than the customer. And maybe what they desire is something you can easily build! And if it’s not, perhaps dig into how you can feasibly meet their needs. Bottom line: the better you know their needs, the more you can ensure you meet them and the less time (and money) you’ll spend on things they won’t want.

 

Plus, by taking this approach, it may end up costing you as a startup less in the long-run. There’s a lot of content about the lean startup methodology (one explanation here) that plays into this approach. Highly recommend checking it out!

 

Hope that helps!

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LydiaNicoll
Participant

Delight Masterclass and Case Study Questions

Hi @emilyraleigh thank you so much for the thorough response! This makes a lot more sense to me, I appreciate the clarifications.

 

Lydia

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donovanw
Contributor

Delight Masterclass and Case Study Questions

As an early stage startup launching MVP how do we maxmize customer delight considering the reduced feature set, functionality and potential for bugs? Is rapid response to customer inquiries the answer or an transparent on-boarding email upon signup? How do we set expectations for what we are without turning the customer off?

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emilyraleigh
Participant

Delight Masterclass and Case Study Questions

Hi @donovanw, Great question. Customer support and happiness are critical, especially early on. Customers are going to be your best and (maybe) cheapest marketing channels to fuel your flywheel. And losing a customer is very expensive. Do everything you can early on to delight customers. It isn't scalable, but to start, a good best practice. 

 

In terms of onboarding, if you'd like to automate it, here are some resources:

https://blog.hubspot.com/service/saas-onboarding-best-practices

https://blog.hubspot.com/service/customer-onboarding

https://blog.hubspot.com/service/onboarding-best-practices

https://blog.hubspot.com/service/email-onboarding-sequence

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