Marketing for the IPO Access product succeeded by addressing a specific customer pain point. The tagline 'get in at the IPO price' directly spoke to the frustration retail investors feel seeing a stock jump on day one, making the value proposition instantly clear and compelling.
Buyers are motivated either by moving toward a desired outcome (possibility) or away from a problem (pain). Marketers often unconsciously favor one style based on their own personality. Crafting copy that addresses both motivations allows you to resonate with a broader, more diverse audience.
Startup founders often sell visionary upside, but the majority of customers—especially in enterprise—purchase products to avoid pain or reduce risk (e.g., missing revenue targets). GTM messaging should pivot from the "art of the possible" to risk mitigation to resonate more effectively with buyers.
The key to Robinhood's viral referral loop wasn't just offering variable stock rewards. Conversion skyrocketed only after they added a step requiring new users to affirmatively 'claim' their free stock, turning a passive reward into an active first engagement and driving user activation.
Bizzabo created a campaign personifying the frustrations of its main competitor's customers. By directly addressing specific pain points heard in sales calls, the campaign resonated deeply with prospects and highlighted Bizzabo's superior solutions in a memorable, targeted way.
Contrary to the popular VC idea that IPO pops are 'free money' left on the table, they actually serve as a crucial risk premium for public market investors. Down-rounds like Navan's prove that buyers need the upside from successful IPOs to compensate for the very real risk of losing money on others.
To navigate regulatory hurdles and build user trust, Robinhood deliberately sequenced its AI rollout. It started by providing curated, factual information (e.g., 'why did a stock move?') before attempting to offer personalized advice or recommendations, which have a much higher legal and ethical bar.
Marketing often mistakenly positions the product as the hero of the story. The correct framing is to position the customer as the hero on a journey. Your product is merely the powerful tool or guide that empowers them to solve their problem and achieve success, which is a more resonant and effective narrative.
Instead of traditional PRDs, Robinhood starts product development by designing the four introductory 'swipey' screens a user sees. This mobile-first approach forces the team to succinctly summarize the product's value proposition from the customer's perspective before any code is written.
Contrary to the traditional focus on institutional investors, allocating a significant portion of an IPO to retail investors creates a loyal shareholder base. This "retail following" can result in higher valuation multiples and sustained brand advocacy, turning customers into long-term owners and a strategic asset.
A common marketing mistake is being product-centric. Instead of selling a pre-packaged product, first identify the customer's primary business challenge. Then, frame and adapt your offering as the specific solution to that problem, ensuring immediate relevance and value.