LTV Talks with Karan  By  cover art

LTV Talks with Karan

By: Karan Tibdewal
  • Summary

  • Welcome to LTV Talks with Karan, the podcast where I explore the world of m-CRM, Growth via engagement, and Subscriptions. Join me, Karan Tibdewal, a Growth & Retention consultant who has worked with world-leading apps like Blinkist, Soundcloud, Headspace, etc., as I interview experts to learn from their experiences. From discussing how to use AI & machine learning to optimize your push notification strategy to sharing insights on how to think like a subscription conversion consultant, we dive deep into their experiences, strategies and tactics that can help apps increase their customer LTV.
    Karan Tibdewal
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Episodes
  • #23: Allison Bryant - Senior Lifecycle Manager at 10 percent Happier: Scaling up from a 1-person CRM team - experiences with prioritisation, setting expectations and proving impact.
    Feb 29 2024

    Summary

    In this episode, I interview Allison Bryant, a senior lifecycle marketer at 10 percent Happier.

    Allison shares her experience of starting a team from scratch and building marketing infrastructure for the company's growth. She emphasizes the importance of understanding the customer journey and collaborating with other teams. Allison also discusses the role of CRM as a force multiplier and the need for prioritization in driving impactful initiatives.

    In this conversation, Allison discusses various strategies and tactics for increasing engagement and preventing churn in a meditation app. She shares insights on the power of re-engagement campaigns, the effectiveness of rerunning challenges, and the importance of repetition in messaging. Allison also explores the use of AI and LLMs for copywriting and highlights the proactive approach to churn prevention. She emphasizes the strategic role of lifecycle marketing in driving LTV growth and offers advice for founders and teams looking to optimize their CRM efforts.

    Takeaways

    • Starting a team from scratch requires understanding the customer journey and collaborating with other teams.
    • CRM is a force multiplier that can significantly impact growth and retention.
    • Prioritization is crucial in maximizing the impact of CRM initiatives.
    • User insights are key in driving impactful initiatives and optimizing the customer journey. Reengagement campaigns can be highly effective in increasing engagement and preventing churn.
    • Rerunning challenges and courses can provide valuable re-engagement opportunities for users.
    • Repetition is key in messaging, as people often need to hear things multiple times in different ways to break through.
    • AI and LLMs can be powerful tools for copywriting and personalization in CRM efforts.
    • Proactive churn prevention strategies, such as re-engagement campaigns before renewal, can significantly impact retention.
    • Lifecycle marketing plays a strategic role in increasing LTV and should be seen as a partner in growth.

    Chapters

    • 00:00 Introduction and Background
    • 02:13 Transition to CRM Role04:56Starting the CRM Role at 10% Happier
    • 07:34 Mapping the Customer Journey09:14Collaboration with Other Teams
    • 13:03 CRM as a Force Multiplier
    • 19:04 Importance of Prioritization
    • 24:40 Evolution of Priorities and Skills
    • 30:55 Using User Insights for Impactful Initiatives
    • 33:59 Discovering the Power of Reengagement
    • 36:10 Rerunning Challenges for Engagement and Revenue
    • 40:12 The Importance of Repetition in Messaging
    • 43:53 Using AI and LLMs for Copywriting
    • 52:15 Proactive Churn Prevention
    • 59:02 Preventing Churn with Reengagement Campaigns
    • 01:06:03 The Strategic Role of Lifecycle Marketing
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    1 hr and 3 mins
  • #22: Janet Mao (Senior Product Manager) - A Product Manager's confessions, challenges, learnings & observations collaborating with a CRM team to drive business objectives.
    Feb 19 2024

    Episode Summary

    Janet Mao, an experienced product professional (previously at Blinkist), discusses the collaboration between product and CRM teams. She shares her career trajectory and highlights the importance of CRM in product development. Janet explains the challenges faced when working together and provides advice for CRM professionals on collaborating with product teams. In this conversation, Janet and Karan discuss the collaboration between CRM and product teams. They share examples of how merging features and using CRM as a testing ground can lead to increased engagement and adoption. They also explore the idea of a shared CRM resource for product teams and the benefits it brings. The conversation touches on the trend of removing lines between product and CRM and Airbnb's approach to product marketing and product management. The key takeaway is the importance of focusing on goals rather than functions and the value of collaboration in achieving those goals.


    Takeaways:

    • Collaboration between product and CRM teams is crucial for successful product development.
    • Understanding the goals and strengths of each team is essential for effective collaboration.
    • Education sessions and knowledge sharing help bridge the gap between product and CRM teams.
    • Including CRM in the early stages of product development leads to better user engagement and retention.
    • Clear communication and alignment on goals are key to successful collaboration. Merging features and using CRM as a testing ground can lead to increased engagement and adoption.
    • A shared CRM resource for product teams can help bridge the gap between CRM and product and ensure alignment with the overall CRM strategy.
    • The trend of removing lines between product and CRM is gaining traction, with companies like Airbnb combining product marketing and product management.
    • Focusing on goals rather than functions is crucial for effective collaboration between CRM and product teams.

    Chapters

    00:00 Introduction and Background

    01:32 Janet's Career Trajectory

    06:19 Collaboration between Product and CRM

    11:25 Building the Social Community at Blinkist

    16:33 The Importance of CRM in Product Development

    22:33 Including CRM in Non-Social Products

    28:57 Hurdles in Working Together

    33:16 Advice for CRM Professionals Working with Product Teams

    40:57 Merging Spaces into the Library Feature

    42:20 CRM as a Testing Ground for Product

    44:09 Shared CRM Resource for Product Teams

    47:56 The Trend of Removing Lines Between Product and CRM

    48:36 Airbnb's Approach to Product Marketing and Product Management

    53:10 Focusing on Goals Rather Than Functions

    55:12 The Importance of Collaboration and Working Together


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    54 mins
  • #21: Annalize van Deijl (Head of CRM at Mr. D Foods) How do you get into CRM, why is it so hard to develop and hire CRM talent? The role of data, tech, ops, user psychology, strategic CRM thinking
    Jan 17 2024

    In this episode, I had a chance to talk with Annalize van Deijl (Head of CRM at Mr. D Foods) about a topic that's always been fascinating - how does someone get into and excel in CRM. In the hour, we spoke about Annalize's journey from being a cabin crew at Emirates to being a Head of CRM, and how CRM as a field has evolved over time. Often folks start out in CRM, with a data, tech or ops background, Annalize talks about what she looks in new hires and much more!

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    1 hr

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