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The Partner Channel Podcast

In each episode of the Partner Channel Podcast we will focus on a channel leader’s experience, wins, and challenges. We'll also dive into their vision on the future of the channel ecosystem.
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Now displaying: Page 1
Apr 24, 2017

Anjali Menon, Head of Growth Operations at Magic, joins me, Jen Spencer to discuss integrations with complementary technologies, listening to data, being honest with your community of partners and more on this episode of The Allbound Podcast.

Jen: Hi everybody. Welcome to The Allbound Podcast. I'm Jen Spencer, Vice President of Sales and Marketing here at Allbound. And today, I am joined by Anjali Menon, Head of Growth Operations for Magic. Welcome.

 

Anjali: Thank you so much. Happy to be here.

 

Jen: I'm really happy to have you. And I'm excited to talk about your career but, before we get into that, I want to talk a little bit about Magic. Because for all the times I've ever thought, "Man, I wish I just had this like personal assistant." You guys are kind of helping solve that problem for me, right? What's the scoop? Tell me a little bit more about the company.

 

Anjali: Absolutely. So thank you for having me, first and foremost. And I’m really excited to be here. Magic is a text-based platform that allows you to, just as you said, get personal assistants on demand. So the scope of what you can ask is really sort of infinite. You could ask for things as simple as somebody getting you lunch, to perhaps helping with your office needs and things that are much more grandiose in scale, planning a significant other's birthday party or something like that. But the idea is that you get manpower on-demand to increase your productivity. We launched in 2015, February of 2015. Actually, when it launched, it just went viral. I mean, we had a massive waiting list and it was really validation that people want personal assistants. They want more time in their day.

 

Jen: Yeah, I'm telling you, it's like as soon as I learned about it, I'm like, "Okay, what should I ask?" Like, "What should I ask for help with?" right? So, it's just such a cool concept. And you're Head of Growth Operations there. What does that entail? I'm starting to see Directors of Growth. I think this I the first time I've seen Growth Operations. What does that mean? What's your role like?

 

Anjali: Yeah, definitely. It's a really interesting one because we are a growth team, first and foremost. But because we interface with operations so closely, just by nature of the work that we do, we're constantly having to fulfill the requests that our clients put in. That's ultimately how we end up with Growth Operations.

 

So under this umbrella branch of what we call Growth Operations, there's a few sort of subcategories. We've got a sales team, which has historically been focused on sort of inbound leads as a main source of acquisition. Then we've got an activation team that interfaces with our operations team quite frequently to ensure that sort of consistent quality of service. And this team is critical because Magic's end product is ultimately defined by the user. You tell us what you want and we deliver it. So the activation has to be really customized. And that's in part where a lot of the operations work comes in with growth. And then the third piece which is pretty nascent in its start, but we now have a B2B and partnerships team as well, so those are kind of the three.

 

Jen: So let's let's dig into that a little bit, you're just getting started with it, but when you think about the plans, this go-to-market strategy for Magic, how important do you believe those strategic partnerships are going to be in your success? What kind of plans do you have in the works?

 

Anjali: This is such an interesting question because partners can add so much value to our type of business. But it's really a matter of finding the right fit because Magic has so many complexities. You can ask for anything as simple as lunch to something as complex as carrying out a whole sale cycle for a business using Magic. So because it runs the gamut of things that you can do, we really have to evaluate what partners make sense for us. But for Magic, like many other businesses, I think success for our customers comes in the form of efficiency gains, obviously, cost savings, and value-add. And partners can add all of these things.

 

Some examples of partners that we're exploring right now are things like verticalized partnerships. So, if we can sit on top of other services that already have domain expertise, it's a win-win for us, i.e., if I already can use a cleaning service that I know is good and I can just recommend that to my clients, then I'm saving them and us time by doing so.

 

Other sorts of partners that are interesting for us are ones that sort of epitomize our values. We have two really interesting values at Magic. Yet, their concepts that are sort of known in the startup community but I'm not sure how widely they're known beyond that. And the two concepts are called yagni and plow.

 

Yagni is a term that means “you ain't gonna need it.” It's one of those things that in the startup community, people will say it all the time. But it's a term that really signifies when we work with you, we want a partnership that understands that we're working under constraints, and you understand that, and I understand that. And we don't go build things that we don't really need at the moment. We'll build them when it's absolutely necessary. So that's something that we might look for as a value in terms of partnerships. And then this other concept is plow, which you'll hear almost every day in our office. And that's a concept, particularly for a personal assistant kind of concierge company, it's the concept that you don't give up. You keep plowing to make sure that whatever the client wants, you try to get. And so we would hope that our partners sort of share those values as well, maybe on these sales or affiliate side for example.

 

So really, I think partnerships are key for us, but they need to align strategically both in what we're doing as well as what our clients needs, as well as, finally, what the partners themselves need. And the reason I emphasize this is because when we went viral two years ago, we had major, major brands coming to us, asking us to do partnerships with them. And we turned most of them down. And the reason is, we had to sort of be true to what our capabilities were, and you've got to be honest with what you can deliver and what the partner expects. And so at that point, we hadn't even really figured out who was our right customer profile and did this major brand make sense for what we were doing. Just because they're a major brand doesn't mean they're a good partner for you. So, I know that's a long-winded answer, but I think, in short, partners are very, very useful particularly for our business. But I think that the key is really making sure that there's alignment on both sides for what that partner can do.

 

Jen: It's very, very sage advice. And it can be very tempting for organizations to just bring on those partners that have me with those big brands. But, if there's not that alignment...and especially for a very quickly growing young company, you got to have that focus, right? So, I think what you're saying you guys are doing is you're definitely going down the right path. I absolutely love hearing it. And those strategic partnerships just make perfect sense.

 

How about integrations? Are you looking at other complementary technologies as a way that they might play a role in your growth goals? One of the things I'm thinking about, just kind of off the top of my head is like different apps I might be in on a regular basis like Postmates for delivering food or supplies or what have you. I mean, are you thinking about technology, and in that respect, for partnership?

 

Anjali: Totally. So, this is such a great question for two reasons. One is because we actually just launched a Magic version for Slack. So this Magic-Slack integration allows teams and businesses to more easily and more transparently use Magic as kind of like an office manager. So Slack has been really useful for us as the first step to growing our business in sort of a different category. And so, I think when we think about these partnerships, for example, I sort of alluded to value being very similar. Slack is one whose whole value prop is to increase productivity with teams, and we have a very similar value prop, it's a Productivity Tool. So there's synergy here. And if we can reach more of our target audience through a medium that allows teams to interact more collaboratively like Slack, that's exactly the kind of thing that's good for our business but even better for our clients. So Slack is the major one that we've been focused on.

 

You kind of alluded to Postmates. And that's a whole other category of sort of partnerships that we'd also be thinking about. Basically these other sorts of niche services that we can kind of sit on top of or that they can kind of sit on top of us, either way. And we can just kind of use them as our clients come in and say, "Hey, I need a burrito." well, the fastest way to do that is through DoorDash or Postmates or something like that. So those are the other kinds of partnerships that we would look at as well. And so, absolutely. That's definitely something that increases productivity and efficiency for us.

 

Jen: I know I can speak on behalf of the Allbound #AllStars, we try to make Slack do everything. So we try to run our whole business through Slack. Things that are important and all of the shenanigans as well.

 

Anjali: That's awesome. Well, what's interesting is with the Slack integration, we're finding different use cases for Magic just by virtue of being on a different platform other than text. Because when you're suddenly on a platform that allows for different teams to interact with one Magic as if they were an office manager suddenly Magic becomes the office manager, and it's booking appointments for people, it's bringing vaccines on campus, it's booking team outings, and suddenly the use cases are becoming very different in the way that they interact with Magic is different too, just by virtue of the platform. So it's actually a key growth initiative for us to be thinking about these other kinds of platforms, because they increase the ways in which folks use Magic, increasing their own productivity. But it's also, of course, then expanding the reach of who can use us as well, which is really good for both sides.

 

Jen: I want to ask you a little bit about some of your past experience. Before you were at Magic, I know you were at Twitter. Before that, you led marketplace operations at TaskRabbit. And marketplaces and partnerships and communities of engagement, there's a lot of similarities there. And you helped launch the TaskRabbit Elite Program. So, let me know how did that concept for that program come about originally? And I’d love any feedback on how it helped really grow the company since its inception.

 

Anjali: Definitely. So, I am proud to say that the TaskRabbit Elite Program still exist today. So when you go to TaskRabbit, despite the business model having changed from one that was traditionally like a bidding system to one that's now more automated with algorithms, the TaskRabbit Elite Program's still maintained. And the reason is because it actually does really impact the business goals and growth.

 

The reason it came about was mostly for two sides. And it's two sides in parts because TaskRabbit is a two-sided marketplace. So, on the client side, when we were back in the bidding system, clients would put in a request for something like, "Hey, I need a cleaner." And it was possible that hundreds of taskers could bid on those requests. And clients would sort of face this paradox of choice kind of paralysis because they wouldn't know who to choose.

 

And so, the concept of the TaskRabbit Elite for clients specifically was, can we give them a sort of value set that allows clients to choose who is the right TaskRabbit for me for this particular job set? And then, on the Tasker side, on the community side, which was the side that I was most closely involved with, we had never created a systematic, defined program that really supported workers in the sharing economy. It was not something we had done formally. And so this was our first attempt to say, "Hey, there are a lot of people hustling on this platform to make it a great one. We should reward them in some way." And so for folks who delivered, who had great ratings, who consistently performed, we thought this is a great way to reward them and get their earnings up by showcasing their work more to the right kinds of people.

 

Similarly, it also helped new Taskers sort of ingratiate themselves on the platform because now new Taskers had a sort of defined path towards something that they could work to. And so, it was possible that within a month of becoming a new Tasker, you could actually become an Elite TaskRabbit when I launched this thing. And so, it motivated a lot of newer TaskRabbits to do a lot of work and get promoted and get more work. So ultimately, it was kind of a win-win for both sides. On the tasking community, it supported them by giving them more visibility and giving them more work. And on the client side, it helped them narrow their choice to the right Tasker for their job.

 

And ultimately, we switched the whole model to actually emphasize that specific point, finding the right Tasker for your job. So now, if you go to TaskRabbit, nobody's bidding anymore. You're just sort of shown the right TaskRabbits for you and you just pick the one that's good for you. It's a much easier process now but that concept really sort of originated with that Tasker Elite program. And the reason it exists today, again, is because both of those sides of the community are still served in the same purpose.

 

So it's been something that was strategic for the company. It ended up ultimately making Taskers more money, which is why we kept going with the program because it was giving them more money and was giving them more incentives to get more work on the platform. And so, yeah, it's something that I'm really proud of because it allowed us to build a community in a way that was very positive for both sides.

 

Jen: To take sort of a page out of Tiffany Bova's book, she talks about making your customer the true north, like the center of your universe, right? And in every decision that you make in your business, like thinking about it from the perspective of that customer. What's going to be best for that customer? Because people ask, "Should I sell directly? Should I sell online? Should I sell through channel partners? Should I do X, Y or Z?" And the answer should be, well how does your customer want to...right? How do they want to buy? How do they want to be served? What's going to be best for them? And ultimately, if you do what's going to be best for them, that will end up being best for the business and for all the business partners that are part of that ecosystem.

 

Anjali: Exactly.

 

Jen: So, it’s great to hear.

 

Anjali: A quick side note on that. We actually spotted the problem of clients not getting what they wanted and not identifying the North Star through data. Because I think folks don't know this, but the reason TaskRabbit changed their model is because a lot of tasks were being put into the system, that is to say, clients were asking for things to be done, but then they weren't always choosing TaskRabbit to get them done. And the reason was in part because of bids. It was because a lot of TaskRabbits could put in bids and then people would get so overwhelmed that we would see this long-tailed distribution of tasks that got bids, but then the client didn't do anything with them. So this effort was to give them exactly what you said, that North Star.

 

Jen: We talked to a lot of people, and they're building partner programs, whether they're reseller programs, referral partners, affiliates. But they're not just trying to build a program just to get leads or just for top of funnel. They're really looking, "How can I build a true community for my partner ecosystem?" Maybe it's to get partners collaborating with each other, or to get partners and customers collaborating to get shared visibility and really a shared experience. And I'm just wondering, over the course of your career, whether you want to speak to something from being at Twitter or TaskRabbit or even at Magic now, do you have any advice for people who are setting out to attempt to create a community?

 

Anjali: Yeah, definitely. That's such a cool question because I look at building communities or partner communities or whatever form of community you're building, like a two-sided marketplace because that's the background I come from. So the relationship needs to benefit not only your clients but the partners themselves. So for a business like Magic, that's so dynamic where the scope of what we offer is pretty much sky's the limit, we in particular need partners who understand this and can be flexible enough to work within the constraints of that model. So I would really say for folks who are interested in building this kind of community, define and qualify the ideal folks in the community and how do they fit into what you're building?

 

Because if you can't define that, then you're not in a good position to set up the community and your partners for success. And I think, and again this is what I alluded to earlier, but when we had major brands coming to us, we didn't even know who was a good partner for us and who were our right customers. But now we're in so much of a better position to do that, so we can start thinking about that. So definitely being able to understand who those right partners are for your community is key. The other thing I would say is honesty is everything, be honest with your community of partners. Because then, the expectations are set correctly. Don't over play your capabilities because you think that's what your partners want to hear. You are the partner in the partnership, and for it to work, I think really, really being able to transparently lay out the scope of what you can do, why you're doing it, and why it's important as it relates to your values are all very key. So that would be sort of my best advice.

 

Jen: I think that’s some really great advice and such a great way to wrap this up. But before I let you go, I always ask some more personal questions just so folks can get to know you a little bit better. You shared so much awesome stuff with us today, but I'm going to dig in a little bit more if you're up for it.

 

Anjali: I am, of course.

 

Jen: Okay. So easy questions. First one is what is your favorite city?

 

Anjali: Oh, okay, Cape Town, South Africa.

 

Jen: Oh, I have not heard that one yet. So why is that your favorite city? Tell me.

 

Anjali: So, I'm somebody who loves to travel. And I think that when you travel, you can often find places that you can call home, that are often not your true home. And you just know it when you're there. And so when I went to South Africa, I immediately felt this sense of home. Because South Africa is a lot like San Francisco, where I’m from, in the sense of scenery is very beautiful, there's a lot of nature, Table Mountain, a lot of ocean. People love surfing over there, but then the culture was also just very, very friendly and people were very welcoming. And I also love animals and wildlife. So being surrounded by all of that with a very sort of gracious culture, it felt like home. So that's my favorite city.

 

Jen: Well, you kind of hinted at my next question. Are you an animal lover?

 

Anjali: Yeah, I am.

 

Jen: Do you have any pets?

 

Anjali: I grew up with two dogs, Larry and Lucky. One was a German Shepherd and one was a tiny little Pomeranian. And they were best friends. But no, I do love animals. So South Africa made sense.

 

Jen: Great. Next question, Mac or PC?

 

Anjali: Mac.

 

Jen: And my last question, if I was able to offer you an all-expenses-paid trip, where would it be to?

 

Anjali: Well, the next place that I want to go to is Iceland. Because I'm a nature lover. I love exploring. And tickets are cheap right now so it wouldn't cost you too much probably.

 

Jen: Remember, this is a magic land where I have all the money in the world and I can send you anywhere you want to go. But I appreciate you thinking about me.

 

Anjali: Well, in that case, I probably just need the money, still in Iceland, but I'd probably go on some kind of luxury retreat, looking at the Northern Lights or something like that. But yeah, I think if we had all the money in the world, the place would be Iceland.

 

Jen: All right. Awesome. I love the practical fantasy, it's fantastic. Well, I just want to thank you again. Thank you for sharing some of your time with me and our listeners today. If anyone would like to reach out to you personally, what's the best way for them to connect with you?

 

Anjali: Sure. So they can connect with me via email and it's just 0-7, my first name and my last name. So that's Anjali Menon @gmail.com. I can spell that out as well, would that be helpful?

 

Jen: Sure, sure.

 

Anjali: Okay. So it's 0-7-A-N as in "Nancy" J-A-L-I as an "igloo" M-E-N as in "Nancy" O-N as in "Nancy" at gmail.com. So that's 07anjalimenon@gmail.com.

 

Jen: Perfect. Well, it's been great getting a chance to learn a little bit more about you and talking about partnerships and communities. So, thank you so much.

 

Anjali: Thank you for having me.

 

Jen: Yeah. Absolutely, absolutely. And thanks, everyone else for tuning in and we'll be back next week with an all-new episode.

 

Male Announcer: Thanks for tuning into The Allbound Podcast. For past episodes and additional resources, visit the resource center at allbound.com. And remember, never sell alone.

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