The Exit Five CMO Podcast (Hosted by Dave Gerhardt)

#201: Paid Spend | Mastering B2B Paid Spend: A 2025 Roadmap for Marketers with John Short, CEO of Compound Growth Marketing and Kym Parker, SVP of Media Strategy

42 snips
Dec 12, 2024
John Short, CEO of Compound Growth Marketing, and Kym Parker, SVP of Media Strategy, share their expertise on maximizing paid spend for B2B marketing. They discuss why choosing the right media strategy is crucial and debunk the $100 CPL myth. The duo emphasizes actionable reporting and the importance of qualification for ABM success. They also explore multi-channel approaches, tailoring messaging for buying committees, and navigating bidding algorithms to optimize marketing efficiency. Their insights are game-changers for marketers aiming for growth in 2025.
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ADVICE

Align Paid Strategy with Business Goals

  • Align your paid media strategy with overall business goals, like going public or raising funding.
  • Consider whether your sales motion is more inbound or account-based to inform your paid strategy.
INSIGHT

ABM vs. Inbound

  • Companies with higher average contract values often benefit from account-based marketing (ABM).
  • Those with lower contract values and a broader customer base often lean towards inbound marketing.
ADVICE

Cost-Per-Lead Myth

  • Don't fixate on a specific cost-per-lead (CPL) number; let market value dictate your spending.
  • Calculate your allowable spend at each funnel stage based on conversion rates and deal size.
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