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The Marketing Behind Cloud Banking Solutions with Jonathan Rowe, CMO nCino

Episode 345 Published 4 years, 8 months ago
Description

A good customer experience requires more than just making the sale. It’s taking a look and analyzing every little detail that pushes them further and further down the funnel... If you design it the right way, the customer experience should be serving the customer first while giving you the conversions you desire. As an experienced marketer Jonathan Rowe, the CMO of nCino, a cloud banking solutions company, has welcomed the challenge of working in a highly regulated industry, servicing big banks. 

 

“From a customer perspective, make sure that they're getting the most value from what they purchased from your product. That's being proactive and giving them that information. It's making sure you can add. We work with our institutions. I've had marketing conversations with CMOs of banks, just because they want to learn some of our best practices. [Think] how can your organization go above and beyond. And then help infuse your brand with your customers; make them help sell your product.”

On this episode of Marketing Trends, Jonathan looks back at the exponential growth that he experienced at nCino. He looks back at his academic roots that he says laid the foundation for him that helped spur that growth. But behind the numbers and metrics, what separates nCino and its marketing department from its competitors is its company culture, and Jonathan and I dive into how he’s built a culture, what pillars he leans on and how he thinks about hiring and recruiting talent. Learn more about the way he approaches team building, thought leadership, and good communication up next on Marketing Trends. 

Main Takeaways

  • Transitioning from Academia to Marketing: The skills that it takes to be a great academician are more transferable to a career in marketing than you might first think. When you look at marketing as ‘education’ things begin to fall into place. Even if you’re not in academics, looking at the craft of marketing from a slightly different perspective, instead of just focusing on converting customers, maybe a focus on educating them will actually drive more conversions.
  • Looking Like a Billion-Dollar Brand: Even if you’re at the very beginning of your business journey as a start-up, fake it till you make it! Presenting your brand like a top-dollar player from day one sets a tone of excellence for your team, your business, and your customers. Everything you do, every piece of communication, marketing materials, conversations, and attitude all should reflect the top-dollar attitude you want at your company.
  • Use the Channels and Communication Styles your Customers Prefer: Maybe long emails don’t perform well anymore by marketing industry standards, but maybe your customers, in your niche market, still like to receive and read longer messages in their inbox. Adapting your marketing channels and even messaging for your audience shows them that you’re listening and will only enrich your interactions with them.

Key Quotes

“'I never expected an academic background to transfer to a startup and now high growth company. But marketing is really about educating, right? You're educating a lot of stakeholders, whether it's partners, whether it's potential clients, whether it's customers, whether it's investors, whether it's your employees. And so that to me was a very early realization that really it's about education.”

“First and foremost, who are you selling to? Make sure you understand your target market. It sounds so simple, but when you understand who you're selling to, you can then ask yourself the next two or three questions, which is, ‘Where do those people go? What do they look at? What are their interests?’ And that's even before you get to, ‘What is your message?’”

“‘Everything we do represents a billion-dollar brand.’ I literally put that on the

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