Video summary
Sam Allen, CEO of Iterable, shares his unique career journey from a blue-collar upbringing in Kansas City and service in the Marine Corps to becoming a technology executive. His path was defined by a relentless drive to define the moment rather than letting it define him, leading him from Silicon Valley startups to major corporations like Cisco and Salesforce. After eleven years at Salesforce, where he managed global marketing operations and built enterprise M&A practices, Allen sought a new challenge that aligned with both his professional desire for growth and his personal life changes as his children grew up. He joined Iterable specifically because the company offered an opportunity to lead a mature product through a significant exit scenario, a milestone he had not yet achieved in his career.
At the heart of Iterable's mission is the ability to deliver hyperpersonalization at scale, effectively treating every customer as if they were the only one. Allen explains that while marketers have long talked about this ideal for over two decades, the technology to achieve it was missing until now. By leveraging vast amounts of data and native AI capabilities, Iterable enables brands to activate that data instantly, allowing for micro-cohorting and highly relevant communications across channels like email, push notifications, and text messages. This approach is particularly powerful in the B2B-to-C space, where companies can manage millions of user connections while maintaining deep individual relevance, fostering stronger brand loyalty and engagement without relying on generic batch-and-blast strategies.
The rise of AI has introduced significant uncertainty for CMOs, who face pressure to drive revenue growth despite budget cuts and fears about job displacement due to automation. Allen argues that the solution lies not in abandoning human leadership but in arming CMOs with the tools and narratives to prove marketing's direct impact on revenue efficiency. He emphasizes that while AI excels at knowledge work, it lacks the contextual understanding of human nuance required for complex decision-making; therefore, leaders must marry their decades of experience with AI suggestions to validate recommendations before execution. Rather than fearing obsolescence, CMOs should pivot to become strategic advisers who use AI to accelerate growth within tighter budgets, ensuring that human context remains central to interpreting and directing AI outputs.
Looking ahead, Allen is steering Iterable toward a more focused strategy by concentrating resources on specific verticals and market segments where the company has a clear "right to win," primarily targeting mid-market and enterprise customers in North America. Instead of attempting to be all things to all people, the company is analyzing its performance across eleven different industry verticals to double down on areas with high margins and low churn, while leveraging strategic partners for geographic expansion rather than deploying organic sales teams everywhere. Allen also highlights the importance of building high-functioning teams where members are smarter and work harder than he does, a philosophy that extends to his advice for young professionals entering the field. Ultimately, he believes that despite technological advancements, human expertise, context, and leadership will remain indispensable in navigating the evolving landscape of marketing technology.
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For 20 plus years, marketers have talked
about how you're going to treat their
customers like they're the only
customer, but the technology hasn't been
there. And at the end of the day, it's
just batch and blast. And now what AI
does allow you to do is do that really
hyperpersonalization so you can at scale
treat people like they are the only
customer because you have so much data
and now you have an engine to activate
that data.
Hi everyone and welcome to the Marketing
Vanguard podcast. I'm Jenny Rooney with
AdWeek and I am thrilled today to be
joined by Sam Allen. He's the CEO of
Iterable. Sam, welcome.
>> Thank you Jenny. It's great to be here.
I really appreciate you having me on.
>> Well, it's great to have you on and I I
I would imagine congratulations is still
in order considering that you're
relatively new in seeds. So
>> yeah, I don't know how long I get to
wave the new guy flag, but yeah, it's
been a full full financial quarter uh in
plus a few days, but um I'll I'll take
the laurels when I can get them.
>> Exactly. Exactly. So um you know, you
really stepped into the role um at
Iterable during a period of such
transformation in the marketing tech
landscape. Um we're going to get into
that in a minute, but I would love for
you to share with everybody a little bit
about your personal background and your
career path that got you to this role.
Yeah. So, I have a pretty uncommon
career path. Um, you know, I guess a
little bit about me. I'm I'm from the
Midwest. I was born and raised in Kansas
City in a in a very very bluecollar work
environment or very family environment.
And, uh, I was kind of working really
early. My dad had me, you know, cutting
wood and bailing hay at like seven years
old. And so, that has kind of formed a
baseline for just my style and my
approach. Um, it's all to me about the
work. um and you know understand the
value of a hard day's work. Um when I
was 18 I enlisted in the United States
Marine Corps. Um I got into college but
couldn't afford it and so I took that
military route and long story short was
able to then go to school while I was in
the Marine Corps at the University of
Missouri. Um and then graduated there
and then became a full you know full uh
time active duty officer in the Marines.
It's funny you never know how to answer
that when people say that. Um, but I
appreciate I appreciate that. Um, so,
uh, I thought I'd spend my entire career
in the Marine Corps. It's kind of what I
always wanted to do. Um, but in the late
mid late 90s, uh, the world had
obviously changed a lot from when I had
first entered the military. And, um,
there's a bit of push for me to leave
and a bit of a pull for me to leave. The
pole was this amazing, you know, dot
boom up in Silicon Valley. And so, I
left uh, left what I knew and what I
loved in the Marines and and joined um,
a technology company. And I didn't know
anything about the technology space. I
just knew that it was fast-paced. 1997.
>> Okay. Yeah.
>> Um and I had friends who had left the
Marines and you know they're like you
should really come up to San Francisco.
It's an amazing place and man this
technology thing is nuts and they just
need a lot of bodies. And so um I jumped
in with both feet thinking I would do it
for a few years and then kind of remove
you know returned to the Midwest and
then here I am 30 almost 30 years later.
Um but the the quick of it is I went to
a large company um found that it was
poorly led. So I went to a startup had
an amazing experience just unbelievable
gang buster stories a startup called
Serant. We were acquired by Cisco um for
a very large transaction and uh I spent
five years at Cisco. Uh I did a variety
of roles. I did M&A and then I did some
operations roles. Got kind of bored. I
went and got my MBA at Wharton. And
while I was at Wharton, I, you know, got
to be really close with a couple of my
study group mates. So, we started our
own company. So, it was my first CEO gig
in the consumer media space. Did few
rounds of venture financing. Um, ran
that for 5 years and then took kind of
six, nine months off. um and then went
to Salesforce and built their first not
their first but kind of built their
enterprise level M&A practice and then
spent 11 years at that company on an
amazing ride with a into a variety of
roles. Um I ran a couple of divisions. I
ran I was the COO for their global
marketing or so. So I own the marketing
tech stack for Salesforce which is
interesting because they have their own
obviously marketing technology. And then
about a year ago I really felt like I
needed to make a change. I didn't feel
like I was growing as much. I didn't
feel challenged. You know, you spend 11
years at a company as a senior executive
and you get the problems get pretty,
this is going to sound trit, but they
get pretty easy to solve. Um, I just
didn't feel like I was growing as a
person or as a leader. Um, and then from
a personal perspective, while all that
was going on, I got married, had a
couple kids, uh, and my youngest son was
heading off to college. And so as I was
thinking about this new career
progression for me, there was also the
personal side. And I had spoken with
some friends of mine who have gone
through the empty nest phase. And
they're like, you find yourself with all
this extra capacity.
And um I thought, wow, what a great
dovetailing of both the professional and
the personal. And so yeah, I just kind
of went out and started looking around
the market and um this opportunity of
iterable came up and I I I I jumped on
it. We can talk about that in a minute,
but that's just kind of my rough uh my
rough background. Through all of that,
I'm a very um you know, the the I guess
a phrase today is servant leadership,
but I've always been that. I just deeply
deeply believe that you've got to lead
by example and lead from the front. And
um I'm here to make people's jobs
easier. That's that's what I do is uh in
my role as an executive is is give
people the tools they need they need to
do their job and give them the
prioritization and direction and just
let them run free. And so that's just
how I think about my approach as CEO.
>> Uh well, first of all, I mean, what an
incredible story. Um so much humility in
what you just shared. Um and I
appreciate that tremendously. You know,
it couldn't have always been easy,
right? So, um but your tenacity
definitely must have been something that
was a was a consistent thread throughout
everything you just shared. Um and I
appreciate that. And also I'm intrigued
by your um the fact that you continued
to push yourself and there was an
element of curiosity that that also
drove you know going out to San
Francisco. I mean in the late 90s by the
way was was just such a heady time you
know and going the early 2000s
um certainly out there but also in the
world you know just obviously at that
time um the internet was suddenly became
an actual thing and you know digital com
it wasn't even called digital but
interactive commerce and interactive
marketing um and you know actually
became things uh you know and shortly
thereafter there was you
the rise of the dotcoms and and
everything that went with that. I mean,
it was just such a heady time, the rest
of the internet economy. In fact, there
were publications that were birthed that
were solely and exclusively I worked at
one of them solely and exclusively
focused on the internet economy was a
whole new thing. So, I love that you
went there, you know, you went west to
kind of latch on to what was happening.
And then the fact that you went back to
Wharton to get an MBA in the midst of
that, you know, to to advance and
further refine your your skills and your
leadership um is just very obviously
very impressive. So, very compelling
story. Um but yes now through that
framework or through that lens I would
love to understand what drove you to
Iterable and what was sort so enticing
to you given your background given given
your desire to continue to push yourself
and also to kind of you know chase
what's next and see where where
innovation was happening tell me about
that decision. Yeah. So, well, first,
you know, on the tenacious thing, I just
there's a saying that I loved and I
don't remember where I heard it. I
didn't come up with it, but I it seems
like to me it's been around my entire
career and it's, you know, define the
moment. Don't let the moment define you.
And I think too many people wait or try
and wait for the perfect answer or, you
know, they overanalyze and um and then
maybe this is a lot of the Marine Corps
and me, but I just I just jump through
walls, right? And if I see
opportunities, I kind of jump on them.
And so that's connecting that to
iterable. This was the first career move
I've made where I was really really
a lot of diligence. Um because this had
to be nothing is ever risk-f free
especially when you come to a you know a
company in our in our sector. Um but I
wanted to derisk it as much as possible.
And so in my career I've usually looked
at an opportunity literally for 24 or 48
hours and I jump on it. This was several
months of of of kind of thinking and and
um diligence.
a lot of interviews. Uh me interviewing
them, interviewing me. I talked to a lot
of CMOs I know who used the product. So
I did a lot of backdoor kind of
reference checking. Um so I I did a lot
I did a lot of work to make sure this
was the right right move because there
were lots of opportunities. I mean I I
someone with my background and I try not
to talk about myself too much but
obviously I get a lot of inbound
interest and so a lot of things I would
turn down out of hat but this one was
really interesting. And so to more
pointly to answer your question, there
were several things that went into this.
Some directly related to iterable, some
not. When I look at my total career arc,
I've done a lot. I've done a lot in
startups. I've done a lot in big
companies. You know, I've accomplished
quite a few great things. But there are
there are there's one thing I haven't
done. And the one thing I haven't done
is as a CEO take a company through, you
know, the uh through the exit uh
scenario. And so taking a company public
or taking it to a phenomenal acquisition
is something I just deeply believe I
want to do. And this I think gave me the
best opportunity to do that. Um and the
why iterable is, you know, this is a
marketing technology is a crowded space.
There's like what 15,000 RTK vendors out
there and you've got huge BMS like
Salesforce and Adobe um and a lot of
phenomenal startups. So it's a highly
competitive environment. But I I itch
for competition. I I like that. Like I
like being out on the front lines, so to
speak. And so
>> you could spend time at Salesforce, too.
So you you know you know what's out
there. I mean,
>> yeah. I so I owned a marketing I own
$100 million marketing budget at
Salesforce or for technology. I owned
the total budget was almost a billion.
Um and I I so I've been on the buy side.
I really understand the enterprise sales
cycle. Um I spoke to a lot of customers
in my 11 years at Salesforce. So, you
know, all the way up to CIOS and and and
you know, CFOs of Fortune50 companies.
And so, I understand what they're
thinking through. Um, and I just know
that it it doesn't matter what you sell,
whether it's a potato chip or a
microchip, you want to be close to your
customers and you want to engage with
them and you want brand loyalty. You
want them to come back. That's never
going to change. And so, marketing
technology, although it's a crowded
field, is a very, very compelling one.
And then when you map in artificial
intelligence and what AI can actually do
to drive
changes in the space at the speed at
which they can drive the change, I just
found that just massively compelling.
And so um that's kind of some of the
broad strokes. The more specific
strokes, I did not want to go to an
early stage startup. I just I've done
that before
honestly with my experience and my
background. I didn't think I was the
right fit for that. Um, you know, I I
wanted to go to a company that already
had breadth and position in the market
and was really looking for that breakout
um to the billion-dollar plus um line.
And that's a smaller subset of
companies, but ones that match my
background very well. And then the third
piece was
just being very honest with myself. I'm
not the person you hire to go quotequote
fix a company with product problems. Um,
and I would see those opportunities come
in. I'm like, look, I'm not the guy for
that. I I've been in technology for
almost 30 years. I consider myself a
technologist, but if you want to turn
around a product company, I'm not the
best fit for that. Um, but I'm
incredibly strong oper operative leader,
operational leader, and I know the
enterprise space really well. And so
where itable had amazing opportunity for
me was that it did have phenomenal it
does have phenomenal product and it was
kind of banging its head against the
ceiling a little bit on how do we
actually go drive even more growth as a
$200 million plus company. That to me
was a phenomenal fit for my background.
And so after I did all the diligence and
looked at everything um I thought about
those matches you know surfaces to gaps
and it just it just it just felt really
really right for me. And so yeah, I took
the jump and it's, you know, 90 days in,
it's been uh been uh been great.
>> So what I love in what you said was, you
know, and frankly this applies to all
CMOs as well, any business leader, but
know very clearly what you can't do. You
know, I think we spend a lot of time
thinking about how do you package
yourself as, you know, what's your
profile? What's your, you know, um what
do you want to be known for? But um
having that sort of awareness and that
clarity, um is only part of the two
sides. The other is knowing what you you
really can't do and that that you're not
built for. And so I love that you shared
that as well. I think there's learnings
for all business leaders in that for
sure.
>> Yeah. Well, that's also why we have
teams, right? Like I I just I believe in
building high functioning teams. And I
always want to hire people that are
smarter than I am and work harder than I
do. And that's not an indictment on my
work ethic or my intelligence because I
think both are strong. But I just I just
believe that. Um, and so find the people
that are really great at what they do
and bring them on board. I've had the
luck in my first 90 days to be able to
hire a new chief product officer, uh, as
well as a new CMO. And so, uh, that was
a great great boon for me to bring those
two folks in.
>> So, describe for me what I does as if I
were my 17-year-old
junior and high school daughter.
>> Yeah. Well, I've had to explain this to
my 18-year-old, so I I I
can get it. So, I mean, there's multiple
different terms for what we do, but the
the easiest one to explain is our we're
a customer engagement platform. And so,
I like I like to I like to explain this
through use case. And so, I love coffee.
And Pete's Coffee is uh a big customer
of ours. And um Pet knows everything
there is to know about me as a buyer.
They know what time I come. They know
what I like to order. They know what I
don't like to order. Um they know my
frequency. And so what iterable does is
provide the the basically the platform
for Pete's to not only understand the
data side of the customer, but then
leverage that data. And so if it's 12:30
and Pete's knows that at 1:00 every day,
I kind of walk to the corner shop and
get a quick cup of coffee, it knows I'm
coming. And so it will maybe if they
want to, they'll give me a dollar off
coupon, you know, and they'll send me an
inapp push that says, "Hey, it's about
time for your afternoon break, you know,
and by the way, we know you love maple
nut scones, and so here's a hot maple
nut scone for being a great customer."
What they don't offer me is a lemon tart
because I don't like those, right? Um,
and they don't offer me tea. They they
know enough about me in my buying cycle.
So we we provide all of that capability
on the back end and whether it's an
inapp push or text message or an email
which also is very personalized, right?
Because some people love text, some
people love emails. Um we provide that
entire platform and we're a we're a
native AI company. we we we we're
building AI capabilities within the
archite architecture of our platform and
that's just accelerating all this
opportunity to do um kind of what we
call micro cohorting. So the ability to
look at a bunch of people as individuals
and for me as a user
it just drives more brand engagement
because I feel like whether it's pets or
REI or Volvo um they they seem to know
me really well and I just become more
attached to the brand. I become a fan of
the brand. I recommend it to friends and
everything and um all that's done on the
on the on the back of the iterable
platform.
>> So you described uh pizza is obviously a
B TOC um marketer and then you're doing
this for B2B marketers as well.
>> We are. I mean we're primarily focused
on you know what we call B2B to C um
because if you think about it you really
want to be in a space where you're
driving millions upon millions of these
connection points. And so,
uh, there's great opportunity in the B2B
sector. We're kind of primarily focused
on B2B TOC right now. We do have some
B2B, um, success stories, but really
where we see our real value, especially
with AI, is in the ability for a a brand
or a company to really look at their
millions of users and treat each one of
those users as if they're the only
customer that they have. And so, the
breadth and scale of your user base is
where you get the real power of
Iterable. Um it's so so interesting. Um
I you know I just I just feel like that
is you know for a long time in this
industry there's this been this concept
of market to to the one right it and and
it's I think there have been various
over the years and by years I mean
probably like the last 20 years there
have been various iterations of what
that actually means or can mean and
obviously with the aid of AI we're in a
place now where it truly can feel as if
you know a brand marketer is marketing
to a customer of one.
>> So, I I just think that's so so
interesting and I can only imagine that
a lot of your brand marketer clients um
find that so intriguing. But let's then
now move to what are you hearing from
the CMO community in terms of, you know,
in this area, what really are their pain
points? What are they seeking to solve
for? And as they continue to, you know,
refine and level up their businesses and
their brands, quite frankly, you know,
what is the the thing that's missing for
them?
>> Well, I think so, first of all, yes, for
20 plus years, marketers have talked
about how, you know, you're going to
treat their customers like like they're
the only customer, but the technology
hasn't been there. And at the end of the
day, it's just batch and blast. And now
what AI does allow you to do is do that
really um hyperpersonalization so you
can at scale treat people like they are
the only customer because you have so
much data and now you have an engine to
activate that data. And what AI also
allows you to do is um uh do that at
super hypers scale. And so you can do AB
variant testing what we used to call you
know in microsconds um based on a data
set that used to have to take you months
to go conduct. And so we actually have
the ability to meet the the what we used
to be market and we can now treat each
customer like our only customer. Here's
where I think CMOs and my conversations
with them as well as Gartner analysts
and um Forester analysts and kind of
everybody I've been talking to for the
last 90 to 180 days, there's no one out
there basically dictating where this
where the puck is going in two years.
And that's really hard to do with AI. Um
because this has exploded onto the
market. It has really changed a lot in
what we're doing. It's provided amazing
opportunity. It's also pro provided a
lot of fear and let's just call it what
it is. And um in the marketing space,
you have people who are worried a job's
going to go away. And so you've got all
these different pressures. And then if
you're a CMO, you've got a boss or a
board telling you, "Hey, you need to
drive a lot more performance and I need
to see you impact revenue more, but
we're going to cut your budget 20%."
because just go use chat GPT to figure
it out, right? And that's an easy trit
thing for a board member or a CEO to
say, but where's the actual where's the
evidence? Where's the proof? And what
we're finding as an industry, and you
can go look at different reports, and
you've seen probably seen some of this
um written up in things like the Wall
Street Journal, there are starting to
become real questions about the return
on investment on AI adoption. And um so
CMOS are asking, look, I have all this
pressure to do this. Um I'm getting my
budget cut, but I don't know h help me
figure out where I need to deploy
technology and how that's going to help
me solve these kind of macro problems.
And what I'm one of the things I'm
shifting the focus of inside of Iterable
is we've had a phenomenal run you know
1,200 global customers like I said over
well over $200 million in AR and that's
growing in double digits and we're
performing very well but we've been like
a lot of companies of our size we've
been very transactional and one amazing
thing I learned from Mark Ben off at
Salesforce was you need to be a
strategic adviser to your customer and
so I'm hearing all this noise in the
market about confusion and not sure what
to do and afraid to make a decision. Um,
and I have this opportunity to be that
strategic adviser to the CMO. And so
where we're shifting the shifting the
focus for us at iterable is to become
that strategic adviser. So what we have
to do is go craft what that story looks
like. And so that's that's really
important for us. So with CMOs, there's
there's a lot of focus on on um on us
providing a story for them that will uh
help them in that that macro
challenge.
>> Absolutely. So I that's a great segue to
my next question and I've been thinking
a lot more about this um as everybody
has and there's been so much talk about
just you know is the CMO title the right
title wither the CMO do companies even
need this role anymore however now more
than ever with the advent of AI in a in
and large language models it does feel
like this is a technology and you've
lived through all the various
technologies that have completely
changed the game for this industry but
This does feel different and you know if
a CMO did want to pivot to a different
role in an organization
what because assuming like a lot of
marketing is going to
finally get automated in ways that it
never had been before.
What then does become the fate of the
CMO and is there a an intentional way
that you think they should start to
pivot?
>> Yeah.
Well, I so it's that's a very
interesting question and I hadn't really
thought of that before, but here's my re
here's my kind of gut reaction. My first
gut reaction is don't move don't move
because of fear. You know, I I me I
mentioned earlier like don't let the
moment define you define the moment. I
think actually there's opportunity for
CMOs to take a bigger seat at the table.
Like so my point about
helping like iterable's mission should
now help CMOs understand the space so
that they can become a bigger seat at
the table. They become they have a
bigger seat at the table because they're
directly impacting revenue. Um and
they're driving revenue growth and
they're driving that revenue growth in
an efficient manner. They're not asking
for more dollars. And you know for going
back the advent of the role be like oh
you want to grow revenue 20% I need my
marketing budget to grow 20%. That's no
longer the case. And so, how do we
actually arm CMOs with the story that
they say, "Look, I'm going to drive 20%
revenue growth or 30% pipeline growth
for you. I'm going to mature a pipe at a
much faster rate. We're going to close
deals faster. The deals are going to be
bigger all through the efforts that are
going to come out of marketing. And
here's how we're going to do that. And I
can do all that with a lower budget.
We've got to arm the CMOs to do that." I
think the marketing function like every
other function engineers
um product development people everybody
is looking you know looking at
themselves in the mirror and saying what
is the efficacy of my job um with the
advent of AI and what I've been pushing
my organization as we're going through
our next year planning right now is
where are you driving the practitioner
and so we all need to become
practitioners of AI and the capabilities
those tools provide. Um, I think
marketers are the same. And so, how do
you leverage those to become expert in
your field? I think we will continue to
see, this is just me going on a limb,
but you're going to see erosion of of
knowledge work because that's where AI
really has the impact. This is what's so
interesting about you, you are right. I,
you know, I was in the do-com boom and
then I was in the telecom boom and then
wave division multiplex and then, you
know, e-commerce all of that thing.
almost all of those technologies
displaced kind of brickandmortar, you
know, hourly work, labor, more efficient
labor. This is all about knowledge work.
And so if you're a college graduate with
10 years of experience, you're like,
"Holy crap, my career just evaporated in
front of my eyes, but meanwhile, there's
60,000 unfilled welding jobs in the
United States." And so there's this
weird kind of dynamic happening. And so
I think people need to look themselves
in the mirror and say where is the where
is the my career going? So the the
opportunity to reskill and become expert
in in these AI technologies is important
because that's where the roles are going
to go. I just and maybe I'm maybe I'm
being a little too sanguin about this. I
don't I don't believe in a world where a
50 person company runs a multi-billion
dollar enterprise. I just I just don't
believe it. Um I think we are always
going to have to need people. Um, and
those people are going to have to have
context. And where I've seen I did a I
did a keynote at an AI marketing summit
in San Francisco
uh two weeks ago and the premise was
selling into the enterprise and um I was
telling folks, look, you know, the the
purchasing department at a large
enterprise probably has more people than
your startup does. Um and so those
companies will continue to to be become
more efficient. But um I just I just
don't believe in a world where all
people go away. And you need tenure in
context to understand what the AI is
telling you. And so I think this is
where I lost my train of thought
earlier. If you just turn over your your
marketing, your brand to an AI agent,
you're going to be end up in a lot of
trouble. Um even if you do it within the
confines of your own existing data set
because it lacks context. And so where I
think you can provide capabilities as
CMO is to say look our AI tooling is
telling us to do these things. Three of
these things match my 25 years of
context and I think that's important. So
we should do those but two of these
things do not. And so one thing that
iterable does in our AI functions is we
allow you to interrogate for lack of a
better say it the data. So why did you
come up with this decision? Why is this
your recommendation? Where did you get
that data set from? And then that gives
you a level of confidence that you can
then push the button to say, "Okay, go
run that campaign." And um I think
that's an important piece of this as
well is that you've got to marry your
context of all your experience to what
AI is suggesting that you do. And I
think that's a great marriage.
>> Love that. I mean, I just I just feel
like um I I I think you you have a very
uh rational view of of the rise of AI
and how it's going to change everything.
And um I got a lot of scar tissue from
30 years at Silicon Valley. Maybe that's
what it is. But
>> and tell Yeah, but tell me what you're
coaching your you're telling your
18-year-old because
that
>> Well, my 21-year-old wants to be a
writer and I'm like, man, did you pick
an interesting time to
But you know what? Knock yourself out,
man. You never know. Um I think the
world needs uh the world needs genius
and it needs origination and um LLMs are
not great at that. So,
>> thank you very much. as a creative
writing double major creative writing in
English literature. It's very nice to
hear that. So
>> yeah. Yeah.
>> Um so where are you last few quick
questions where are you placing bets at
Iterable you know. Um
>> yeah so I'm doing a couple of things. Um
you know the market's huge. Uh and
iterable when I came here I think was
trying to do trying to be all things to
all people which means you're nothing to
nobody. And so I provide a lot of focus.
And so I did a I did a really deep
analysis in my first 30 days. is on
where do we where do we have a
quotequote right to win? Where do we
perform really well? Where do customers
really connect with our product? Where
do we have high margin? Where do we have
low churn? And we looked at those
segments of the market. You know, we
break basically break the market into
about 11 different verticals. And so
there are several of those vertical and
we sell into all of them, but there are
several of them that we perform
incredibly well. And those are huge
markets. And so let's be more focused on
those. We're not going to abandon the
other nine, seven, eight or nine
markets. we're going to really focus
kind of our energy, our branding, and
then our product development to really
go perform incredibly well in those
markets. And from a segmentation
perspective, it's really mid-market and
enterprise. Um, there's great
opportunity in the small, medium
business sector. Um, but it's a it's a
it's a hard that's a hard world to be
in. Um, and honestly, most of the
revenue comes from mid-market and above.
And so, so I'm thinking from a from a
verticalization perspective, it's a few
verticals. From a segmentation
perspective, it's mid-market and above.
And then from a geographic perspective,
continue to focus on North America. We
have operations in Europe and we have a
small foothold in Asia Pacific. Thinking
very intelligently about how you expand
those without using organic assets. And
so, as an example, can we go find great,
you know, mid-tier system integrators
and partners that we can leverage in
Scandinavia? So instead of me putting 30
sales reps in Scandinavia, I'd rather
leverage a partner to do that. And so
just being smart about you don't just
it's not cookie cutter, right? You don't
just deploy the same model everywhere.
And so just being much much more
focused. So that's what I'm driving here
just a lot more focused on where we have
the right to win and let's go across
those areas and then as we grow and do
well, we'll continue to expand. But this
full frontal and everything just doesn't
work for a company of our size.
>> Yeah, totally. No, I I so much learning
in that. um as well. Um my last quick
question for you is and I ask this of
all my guests and typically I ask them
um you know who's one CMO that you
admire from afar that I should have on
the podcast next and it could be
somebody that you know really well or
you've never met them but I'm going to
ask you who is a CEO or CMO um that you
admire because of the work they're
putting out in the world and I shouldn't
by show. So, from a CMO perspective,
this is going to sound a little trit,
but Stephanie Buchmi is actually on my
board. Um, she's the CMO of uh
Confluent. She was my boss at one point
at Salesforce. And what I love about
Stephanie is she's an absolutely
phenomenal marketer, but she's also a
phenomenal leader. Not that all CMOs
aren't, but and she's incredibly
operational. So she's got this great mix
of vision and brand and where the
product and she's a she grew up in PMM,
so she's a super sharp product position
person, but she marries it with a
practicality of actually managing the
marketing business. And so, you know,
she's probably someone I admire the most
from a CMO perspective. Um Sarah Vney at
Data Dog I worked with also uh as a CMO.
She's she's quite fantastic. Um, you
know, the CEOs, it's an interesting
question. I don't have a snap hip
reaction answer. I mean, there's the
obvious ones like Tim Cook at Apple. His
ability to just kind of manage through
change and and kind of keep his human
humanity uh is pretty impressive, but I
don't have anyone else that kind of pops
to mind from big market perspective. It
is a great question and I should
probably think a little bit more about
that answer, but from the CMO
perspective, those are two.
>> That's fantastic. And I'm sure other
folks are saying Sam Allen when they're
>> Yeah. Well, I don't know. We'll see.
There's a lot to me to go do first. I
appreciate that.
>> Well, well, I'll check in with you a
year from now. We'll see. We'll see
where things are at. Um Um
>> Yeah.
>> But it's an exciting time. And Sam,
you're at the center of it. So, um once
again, put yourself at the center of
>> Yeah.
>> the biggest kind of activity in this in
this
>> No, no place I'd rather be. And I saw
the last thing I'll tell you is I was
reading a report on a marine one time
and it said if you look for the dust
cloud he's in the center and um that's
just kind of how I feel about this
opportunity all from a goodness
perspective. But thank you
>> very inspirational. Thank you so much
Sam. It's been a really great um
download on what you're doing and um so
many leadership uh and marketing
takeaways from from what you just
described and walked me through. So
thank you so much for joining me and I
look forward to the next time we can
talk.
>> Anytime Jenny really appreciate it.
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