Latest / Sales Pipeline Radio / Membership vs. Subscription: What Actually Builds Community
Transcript
- 0:16Matt Heinz: All right, we're back here on the show floor here, Forrester B2B Summit,
- 0:20Phoenix, Arizona, next to the giant boot.
- 0:23The boot has been here the entire time.
- 0:25It's been the subject of many selfies in the last couple
- 0:29days since we've been here.
- 0:30And actually, the front of the boot is a nice little stool as
- 0:32well — it's actually very comfortable to sit on the front of the boot.
- 0:35I know this from experience, having sat over there a little earlier today.
- 0:39Very excited to be here.
- 0:41We are wrapping up our series of conversations with analysts, with
- 0:46award winners, with marketers, with influencers, just what we're seeing
- 0:50and hearing on the show floor, and how that represents what we're seeing and
- 0:52hearing back at our organizations, and what we're taking back to be successful.
- 0:56Very excited to have with us in this episode Kathleen Booth.
- 0:59She's the VP of Marketing at Sequel.io.
- 1:01Kathleen, thank you so much for being here.
- 1:03Kathleen Booth: Thanks for having me, Matt.
- 1:04I gotta be honest, I walked by the booth — or the boot — ten times
- 1:07already and didn't even notice it.
- 1:08Matt Heinz: You didn't notice the boot?
- 1:09Now, how did you… it's, like, 20 feet tall.
- 1:11Kathleen Booth: Now that you've pointed it out to me, I feel like
- 1:13an idiot, and I am also going to go over and get a selfie in front of it.
- 1:16Matt Heinz: Well, I guess if it were, like, yellow, that'd be one thing.
- 1:19But it is legitimately — it is a legitimately colored boot, trying
- 1:24to be authentic, other than the fact that it's 20 foot tall.
- 1:26Kathleen Booth: Yes.
- 1:28Matt Heinz: All right.
- 1:28I appreciate you — I know how busy you are.
- 1:30I appreciate you being here.
- 1:32There's a bunch of places we could go, but I think you are uniquely
- 1:34positioned to talk about community, given the work you've done in
- 1:38communities, given your role at Pavilion, helping to grow that business.
- 1:43And I think, like, you see so many people say, "I want community. I
- 1:47want it. I wanna build one, I wanna maintain one." What is a community?
- 1:52Let's start at the bottom.
- 1:53Kathleen Booth: Oh, this is such a good question, and here's a fun fact.
- 1:56My experience with community started actually quite a bit before Pavilion,
- 2:00because I owned an agency which I sold to a company called Impact,
- 2:04and back in — from 2017 to 2019 — we built a 5,000-member community
- 2:09of marketers in a Facebook group.
- 2:11Facebook — not to date myself here.
- 2:14But anyway, what is a community?
- 2:16It's such an interesting question, and I will start by saying what it is not.
- 2:20It is not a Slack group.
- 2:21It is not a chat group.
- 2:23Community — this is just one person's opinion, right?
- 2:26And I want to acknowledge, like, the concept of community has
- 2:30existed since the beginning of time.
- 2:32Like, archeologists study community, and there are definitions of
- 2:35it in the world of archeology.
- 2:36I'm gonna put a little twist on it.
- 2:38I think in the world of go-to-market, community — you have to distinguish
- 2:44it from audience, right?
- 2:45An audience — we talked about this a bit earlier — is a list.
- 2:48An audience is a list of people that you talk to.
- 2:51Matt Heinz: Right.
- 2:52Kathleen Booth: A community is a group of people that you talk to, but who also talk
- 2:57to each other and who talk back to you.
- 3:00It is a circular conversation.
- 3:03And the people within your community need to be able to communicate with
- 3:06each other, and it's a relationship that forms as a result of that communication.
- 3:11So that's why I say it's not a Slack group, because that talking, that
- 3:14communicating, can happen over a variety of mediums, over a variety of events.
- 3:19The venue isn't so important as the nature of the communication and
- 3:24relationships that are being built.
- 3:26Matt Heinz: I agree with you.
- 3:27I think a community is how people feel about that community.
- 3:30It's about what that community does for each other.
- 3:32Whoever runs it or facilitates it needs to be in the background, 'cause
- 3:35the community is about the community members, them leaning into each other,
- 3:39the way that they support each other, the way that they show up for each other.
- 3:42It allows you to be seen, right?
- 3:44I mean, the reason why community — you mentioned communities exist since
- 3:46the beginning of all time — is that we are social animals.
- 3:48Even those of us that are introverts are social animals.
- 3:51Kathleen Booth: I'm raising my hand.
- 3:52I'm an introvert.
- 3:53Matt Heinz: Same.
- 3:53And so, to say, like, I crave being part of a community — otherwise
- 3:58it's a very lonely world, right?
- 4:00And I think, in go-to-market land and B2B land, especially for those of us
- 4:04that aren't working in offices every day anymore, it can be very lonely.
- 4:08And having a community of people that isn't just a list, isn't
- 4:11just a place you show up, but a place of people that see you.
- 4:15Kathleen Booth: It's true, and I wanna add one more thing to my definition earlier,
- 4:17'cause I think this is really important.
- 4:20Community is about two other things in addition to the conversation and the
- 4:24relationships: it's a sense of shared identity, and — so I talked about the
- 4:30difference between audience and community.
- 4:31There's also a difference between membership and subscription.
- 4:35Matt Heinz: Mm.
- 4:35Kathleen Booth: You know, I've worked at Pavilion, which is a paid community.
- 4:40And you could think of it as a subscription model, or you could
- 4:42think of it as a membership model.
- 4:44And the key difference between the two is: with subscription, you — as the buyer,
- 4:51the person joining — are expecting to regularly get value as you regularly pay.
- 4:57So a subscription model is much like a newspaper subscription, a magazine
- 5:00subscription — you get it every month or every week or every day.
- 5:03And if you're not reading it each time you're paying for it, you're probably
- 5:09going to end your subscription, because you're not regularly getting value.
- 5:13A membership model is about becoming a part of something
- 5:16that's bigger than yourself.
- 5:18And in membership, you don't need to regularly get value,
- 5:21because you are attaching your identity, your sense of self, to
- 5:29the identity of the community.
- 5:31So those are some important differences, and that goes back to this notion
- 5:34of relationships and communication.
- 5:36It's a part of: we all share this identity, we're all part of this
- 5:39thing that's bigger than ourselves, and bigger than us collectively.
- 5:42And, to your point, we want to stay a part of it.
- 5:45So I don't need to get value today, or tomorrow, or this week, but over the
- 5:49course of time, I'm getting emotional value, I'm getting relationship value.
- 5:55That's really when you have community.
- 5:56And when the members, to your point, start to take ownership, that's when
- 5:59you really have a functioning community.
- 6:01Matt Heinz: Well, and when you can activate that community, as you
- 6:04said, it's not on Facebook, it's not in Slack, it's really in people's
- 6:07hearts and minds at that point
- 6:08— Kathleen Booth: 100%.
- 6:08Matt Heinz: It's how people feel about that community, and whether people feel
- 6:13like they're part of that community.
- 6:14Kathleen Booth: Yes.
- 6:15Matt Heinz: And that can manifest in countless ways.
- 6:18Talk about some of the ways you're doing that at Sequel now, 'cause you guys
- 6:21are doing some really special things.
- 6:22Kathleen Booth: Yeah.
- 6:22So it's interesting.
- 6:24I left Pavilion, which I am such a Pavilion fan — I wanna
- 6:28just start by saying that.
- 6:29I once and always will be a Pavilionaire, which is what we used to call ourselves.
- 6:35I will be a lifetime member.
- 6:38It was an incredible three years.
- 6:40Coming to Sequel, it's such a different situation, 'cause we're a small — like,
- 6:44early stage but growing fast — company.
- 6:46And so we have ambition.
- 6:48I'm very fortunate to work for a founder who is a marketer, so she understands
- 6:53and believes in the value of community.
- 6:54But we also have to be realistic about what we can do as a small company.
- 6:57And I have seen so many different flavors of community over my career,
- 7:01and I've seen a lot of mistakes made.
- 7:03One of the biggest ones is everyone thinking they have to build their own
- 7:06community, but then not dedicating the resources to do it right, and not
- 7:10having the correct expectations for, like, ROI and the timeline around it.
- 7:15So at Sequel, what we're doing is we are building what we call
- 7:18a Gamechangers community, and it has a couple of components.
- 7:23We have two different live content series.
- 7:27One is called Gamechangers CMO Series, where we interview CMOs, and the
- 7:32other is Gamechangers Masterclass, where we interview, like, director and
- 7:35manager level marketers who are, you know, sleeves rolled up in the work.
- 7:39And those are live interactive sessions where members of the
- 7:43Gamechangers community can come and ask questions and interact.
- 7:48And then we take it into
- 7:55real life — we're doing a series of events, Gamechangers in Real Life.
- 7:57One of those is we interview and meet with members of the community
- 8:00at events like this one, much like you're doing here with me.
- 8:04We also do a series of dinners for our CMOs.
- 8:07We have a series of workshops for our Masterclass Gamechangers,
- 8:12and it's that bridge between live virtual and live in person that is
- 8:18where the magic starts to happen.
- 8:20Because a lot of these people come to the virtual events, and you start
- 8:23to have that conversation I described earlier, but it isn't until we get these
- 8:26people in person together in a room where the relationships really form,
- 8:30and you start to feel a part of that thing that is bigger than yourself.
- 8:33Matt Heinz: That's right.
- 8:34Kathleen Booth: So that's how we're thinking about it right now.
- 8:35We're not starting a Slack group.
- 8:37We're not charging admission.
- 8:39There's no official membership.
- 8:40It's pretty loose, but once you come to one of those entry points, if you
- 8:45will, you're a part of the community.
- 8:47Matt Heinz: I love that.
- 8:47I think that's so smart, the way you think about it.
- 8:49And I think about, like, friendship sometimes, right?
- 8:51Like, there's people in my life that I consider friends.
- 8:54I don't see them all on the same frequency.
- 8:56We don't get together every Friday morning.
- 8:59There's one group of friends that I really only see during college football season.
- 9:03And so it's frequent then, and then you take eight months off.
- 9:07But, you know, sometimes you say a good friend is someone that — if
- 9:10you don't see them for a while and you get back together, you're
- 9:11like, this is why we're friends.
- 9:13Kathleen Booth: You pick up right where you left off.
- 9:14Matt Heinz: And I think there's an element of community that's like that.
- 9:16If you feel seen, and if you feel like you're a part of something, it's not
- 9:20about the frequency, it's not about the format, it's about the connection.
- 9:24It's about how you feel as a member of that community.
- 9:27Kathleen Booth: Well, and it's funny, 'cause I kind of define brand that way.
- 9:29When people say, "What is brand?" I always — and I don't know if this
- 9:32is right or wrong, it's just what I say — I always say brand is the
- 9:35emotional relationship that someone forms with your product or company.
- 9:40It is the emotion, and I think that's very much at the heart of community as well,
- 9:43which might be why a lot of companies think of community as a brand play.
- 9:47I do think it can be a demand play, done well — I think they're one and the same.
- 9:51And I actually think brand and demand are becoming the same
- 9:54thing in this world of AI.
- 9:56It's all merging.
- 9:57Matt Heinz: In episode 304 of Sales Pipeline Radio,
- 10:01in December 2021, you said—
- 10:04Kathleen Booth: Oh my gosh.
- 10:05Matt Heinz: You redefined brand as — this'll sound familiar — how the
- 10:08individual thinks about themselves in connection with your brand.
- 10:11Kathleen Booth: Look at that.
- 10:11So I'm consistent.
- 10:12Matt Heinz: You're very consistent.
- 10:13So it's not about the brand, it's how they feel when they're with you.
- 10:17And, if you're listening, Brent Adamson, we're talking about confidence again.
- 10:21You see, what's your confidence in yourself?
- 10:24It's not how do I feel about you, it's how do I feel when I'm with you?
- 10:27Kathleen Booth: Yeah.
- 10:28Matt Heinz: And I think about that a lot, with regard to — we've
- 10:30all been to the 6sense Club6.
- 10:33And, initially I'm thinking, "Wow, this is a little over the top" — all
- 10:35interior designers and chandeliers.
- 10:37But how does that make you feel?
- 10:39Kathleen Booth: Oh, I mean, first of all, hat tip to the entire 6sense Events team.
- 10:43They are just goals, right?
- 10:46Marketer goals.
- 10:47You develop a brand loyalty, without a doubt.
- 10:50You feel like they have rolled out the red carpet for me.
- 10:52I feel special.
- 10:53I feel like a VIP, and that is a feeling that lasts after the event ends.
- 10:57Matt Heinz: Yeah, it does, for sure.
- 10:59Talking here at the Forrester B2B Summit — it's getting a little noisy, you can hear
- 11:04the sponsor stage behind us a little bit.
- 11:06Kathleen Booth, she's the VP of Marketing at Sequel — very on brand.
- 11:10We only do this as audio, but she's got a neon green Sequel jacket.
- 11:14Kathleen Booth: Members only jacket.
- 11:16Matt Heinz: It is a members only jacket.
- 11:17Kathleen Booth: It is a members only jacket.
- 11:18Matt Heinz: It literally is a members only jacket.
- 11:19I haven't seen that for — I love that.
- 11:21Are there parachute pants down there somewhere too?
- 11:23Kathleen Booth: I should have some.
- 11:25Matt Heinz: That's all right.
- 11:26So, can I pivot quite a bit?
- 11:28Can I ask you — I'm always curious about where people come from and,
- 11:31like, what those experiences, how that makes you who you are today,
- 11:35as a person and a professional.
- 11:37Could we talk about water utility reform?
- 11:40Kathleen Booth: Oh my God.
- 11:42Matt Heinz: I'm fascinated by this.
- 11:43So earlier in Kathleen's career — is this true?
- 11:46You were in over 53 countries.
- 11:48Kathleen Booth: Yeah, I think it was 54.
- 11:49Yeah, for the first 10 years of my career, I worked in international
- 11:54development consulting.
- 11:55I was a USAID contractor, so, you know, may it rest in peace.
- 11:59I have a lot of nostalgia for that.
- 12:04And my specialization was helping developing-country governments contract
- 12:09out to the private sector the management of their water and wastewater systems.
- 12:12Because in many cases, these are countries where they don't have water
- 12:16supply 24 hours a day, let alone 12.
- 12:19And so solving that problem is huge — it has massive ripple effects.
- 12:22It's things like girls won't go to school without good water, because of
- 12:25hygiene reasons — they have to stay home and fetch it for their families.
- 12:28I could go on and on.
- 12:29It was an amazing time in my life.
- 12:30I was young and single, and someone paid me to travel all over the world.
- 12:33Matt Heinz: Heck yeah.
- 12:34Kathleen Booth: It was fabulous.
- 12:35Matt Heinz: That's amazing.
- 12:36Kathleen Booth: But then I wanted to get married and have children,
- 12:38and that did not work so well.
- 12:39So I had actually done an MBA in marketing alongside my master's
- 12:44in international politics.
- 12:45And in the latter part of my career working in water, I started to see these
- 12:50projects fall apart because of poor strategic communications on the front end.
- 12:54Matt Heinz: Yeah.
- 12:54Kathleen Booth: And so I kind of pivoted, and I began working with multilateral
- 12:58development banks, like the Asian Development Bank, on how do you invest
- 13:01early in strategic communications to build support for projects, and that
- 13:05is what led me back into marketing.
- 13:07So when I did decide to have kids and got married, my husband and I started
- 13:11an agency, which we owned for 11 years.
- 13:13It was an incredible experience being a CEO and a founder — hard
- 13:17as hell, but great learning.
- 13:20And then, in 2017, we sold that company.
- 13:23I went in-house as a marketer, and it's been great.
- 13:27I've learned so much.
- 13:28I really enjoy what I do.
- 13:30Matt Heinz: One of the things you wrote about that experience, sort of towards
- 13:32the end of your time with USAID, is just what you saw in terms of not
- 13:36just communication, but stakeholder consensus building, and how important
- 13:39that was to whether deals make or break.
- 13:41I mean, that seems like such a strong echo to where we are now in B2B, right?
- 13:45Where you can get all the leads you want, but if you don't have a commitment
- 13:49to change and a set of confidence from that buying group — that come
- 13:53from different places but reach some level of consensus — that's
- 13:57the thing.
- 13:58Kathleen Booth: That's it.
- 13:58Well, and even more pointedly, I would actually say when I think of that, I
- 14:02think more about internal marketing.
- 14:05I think the crisis we have right now in the profession of marketing is
- 14:10marketers being able to own their power, and the relationships they build
- 14:15with the CEO, the CRO, all of their counterparts on the leadership team.
- 14:19And, I mean, it's something I feel like I'm still working on: how do
- 14:23you handle that internal marketing?
- 14:24How do you establish your authority, gain the confidence of the rest of the team?
- 14:29'Cause that's so central to our ability to keep our jobs.
- 14:31Matt Heinz: Yeah.
- 14:33Thank you for this.
- 14:34We've just got a few more minutes here with Kathleen.
- 14:36I'm fascinated by where people come from, as well as, for those of us that are
- 14:40getting a little later in our careers, where we choose to give back and do
- 14:45things, you know, to pay it forward.
- 14:47Can you please talk about Ignite Annapolis, and what that is and
- 14:51why that's important to you?
- 14:51Kathleen Booth: Oh, so this is a kind of a cool thing that sort of landed in my lap.
- 14:55Ignite is a national — and it might even be international now — program
- 15:00where it is lightning talks.
- 15:03I think they're seven minutes — I'm reaching into my memory now — seven
- 15:07minutes long, and there's like 15 of them.
- 15:09And you have a certain number of slides you can show.
- 15:13And people from the community, most of whom have never gotten on stage and
- 15:18spoken before, apply to speak, and I was on the board of that for several
- 15:23years in Annapolis, for the first many Ignites that we did, and it was amazing.
- 15:28We had people talk about, for example, the death of a parent, or something
- 15:34as simple as eliminating straws because of the environmental impact.
- 15:39Everyone has a different passion, and so it's about sharing your
- 15:41passion with your community.
- 15:44And it's just — I always left feeling better about the world, and I laughed,
- 15:47I cried, I got chills up my spine.
- 15:49It was such a feel-good experience.
- 15:53Matt Heinz: Well, not only the experience, but the confidence that gives people.
- 15:56You know?
- 15:57Like I was at a startup where we created a Toastmasters chapter just for our
- 16:01inside sales team, and so we literally would just do it in our conference room.
- 16:03And, you know, even though you're sort of on the phone, you're presenting, right?
- 16:07This is how you communicate, and how well you can persuade and communicate.
- 16:11That's a form of confidence as well, so I love that program.
- 16:14Thank you for sharing that.
- 16:15Kathleen Booth, VP of Marketing at Sequel.io, thanks so much for joining us.
- 16:19Kathleen Booth: Thanks, Matt.