Backchannel 13 min

Intercom is Reinventing Themselves (will it work?)


Intercom launched a big reinvention of themselves; new website, new messaging, new disruption... There's been a lot of chatter over the good, the bad, and the ugly. We had to weigh in and in this episode, we share our thoughts.



0:00

So one of the things that caught my eye this week was a beloved brand, if I may

0:06

,

0:07

community led a company that many of us have looked up to, I would say,

0:12

in the marketing community for some time, really reemerge in a new and

0:17

different

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and modern, awesome way. I'm talking about Intercom.

0:21

I don't know if you saw their big launch event that they had this week.

0:25

Yeah, SaaS 1.0 heroes coming back. Yeah, I did see it. And I saw a lot of mixed

0:36

reactions from the community on whether they thought the Intercom move was good

0:41

or bad or otherwise.

0:42

Lots of what I thought was unnecessary criticism. I felt like people were kind

0:52

of

0:53

dunking for no reason. My take was, I thought it was refreshing. I think that

1:01

they've done

1:01

a really good job of kind of relaunching the company since the original

1:06

founders came back.

1:07

And I think if you want to sell software in this day and age, you have to have

1:15

an opinion. You

1:16

have to have a point of view. You can't just be some random chatbot company

1:20

anymore.

1:22

And so they're kind of taking this approach that I agree with, which is like,

1:26

we're going to

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differentiate ourselves. We're going to go left when everyone goes right.

1:33

And we're going to articulate a vision that's new and unique. Speaking of new

1:41

and unique,

1:41

I think one of the things people were giving them a lot of flack for us all in

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line was

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the new website, the homepage, which you haven't seen it. It's kind of like a

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painting style

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creative in the background, kind of pitching a new world.

2:02

I think it's cool. I love it. What's your take on it? I thought it was great.

2:10

First of all, the B2B website has sucked since the town of modern time.

2:16

Kudos to them for taking a creative risk and doing something that wasn't your

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theme forest,

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SaaS portfolio download. I saw people on Twitter where they must not care about

2:35

conversions anymore.

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It's like, dude, come on. First off, no one knows exactly how anyone's site

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converts.

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It's not the theme forest thing you were describing. It must be bad.

2:49

Isn't always the reason to do this sort of thing. They'll probably learn

2:59

something from

3:00

launching this new site. We have to assume that they're smart people. They're

3:03

going to optimize

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it from here. I just thought it was funny that they're out here trying to

3:08

articulate a vision

3:09

for the future of customer service. It's a really big thing. People are like,

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wonder what the demo request conversion rate is on the site. Come on. Zoom out

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a little bit.

3:22

Totally. The internet loves dunking on any rebrand, any major changes. Honestly

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, if I'm

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intercoms, CMO, or exec team, it's probably a good thing because you've created

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noise.

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You've got a lot of eyeballs on the work that you're doing. Take the factor in

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the criticism

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that is likely predictable and show them. Show them proof that what you're

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doing is going to work.

3:56

It was beautiful. It was very well done. It looks different than what we see

4:02

with any other

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SaaS websites. I think it's a really great move in general.

4:08

I thought it was interesting too. I saw some of the commentary where the

4:12

founders of intercom

4:13

were engaging with it on social. One thing that I thought was super bold of

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them is they're like

4:22

openly chatbots sucked. They were crappy. They didn't do what we wanted them to

4:28

do. It's

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frustrating as hell. Everyone is listening to this. You've been on one of those

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experiences

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where you're like, let me talk to a person. Let's like rage click this button.

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But they're like

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readily like, look, that wasn't good. That didn't deliver what we wanted. We're

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going somewhere else

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now. I think it's pretty cool that they're so willing to reinvent the business.

4:51

It shows a lot of

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leadership, conviction, etc. I tell my team this all the time, I've always said

5:02

this, which is like,

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I would rather create a clear choice in the mind of our prospect than be

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fighting a

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feature comparison war button to button feature. I'd rather say, look, there's

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all this other stuff,

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then there's us. Maybe we're not for you. If we are, then this is going to be

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great. You're

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going to have a real good partner. We're going to generate all these results.

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But it's possible

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that we're not a good fit and all this other stuff is the right thing for you

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as well.

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I think they're doing a really great thing. They're trying to say, we're

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different. We're

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zigging when everyone else is zagging. If you vibe with that, let's do business

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together. I mean,

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much rather be them in that situation than the rest of the chatbot companies

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just fighting over

5:50

the same small group of customers. Absolutely right. For those that don't know

5:54

the history,

5:55

Intercom was started about almost 13 years ago. Originally, the founder Owen

6:04

McCabe

6:07

was the founder and CEO for the first nine years of the company. Then for three

6:11

, almost four years, he took a chairman role. They brought in basically for lack

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of a better term,

6:18

professional CEOs or whatever, professional operators to take the company where

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it is.

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Then a year and a half ago, Owen was reinstated as CEO. I think that's an

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interesting

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timetable to overlay here because I think the criticism of Intercom was really

6:37

in that sort of

6:38

inter whatever it is, period where some might have felt they lost their way or

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that there's

6:46

some challenges to their core product offering. They've always been such a

6:50

great product company,

6:50

but really around maybe market and go to market. What I saw this week was the

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return of the

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founder. The founder spirit come back to Intercom. They did this live event

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called

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what was called Built for You. That was live streaming on LinkedIn. It felt

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like

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honestly the closest I've seen on an execution side to an Apple keynote,

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like this beautiful editorial shot. Owen was right there in front of the camera

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. I would argue delivered the content in a very authentic, approachable way. You

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could tell

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again that the founder cares about the reputation of the brand that he's worked

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so hard to build.

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It was just beautifully executed. They have this other content series that they

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're running

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as well shot in a pretty similar aesthetic. We talked about the website in

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general.

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But to me, it's almost this like the comeback moment or the re-emergence of

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Owen's Intercom,

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which if you're again a member of the community, going back to the point and

8:04

the coaching you

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gave for your team, it's like we want to buy product from a company that has

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conviction behind a

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founding team that we stand behind. It feels like they got their soul back a

8:15

little bit this week.

8:16

That was my take away from it. Especially in this world where there's this

8:22

massive paradigm shift

8:23

with AI, it's undeniable that there's a bunch of question marks around what AI

8:31

is going to mean

8:32

for all these different industries. It seems pretty clear that customer service

8:36

is going to be

8:38

the first major area of exploration as it relates to AI. I think what they're

8:44

doing in a very

8:46

masterful way is they're recognizing that there's a moment to lead their

8:50

customer community through

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this massive shift that's going on underneath their feet. Instead of waiting

8:59

and seeing or trying

9:00

to play it safe, they're like, "Hey, we're just going to take the reins and

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lead our customer

9:07

community through this paradigm shift." I think it's a really good strategy. I

9:15

think that

9:15

they're deciding to take their rightful place in the front running position

9:22

here as it relates to AI

9:23

customer service. I'm on their site right now. I'm looking at it. They're

9:28

competing with the likes

9:29

of Zendask and Freshdask and Zoho-Dask and all that stuff. We have an

9:37

opportunity to be a

9:39

different and be a leader. We're just going to grab that and run with it. I

9:46

think it's a really

9:48

smart move. I imagine that, like you said, they're going to have-- they're

9:53

getting their mojo back

9:54

here a little bit. I imagine that they're going to have an opportunity to

9:59

completely

9:59

flip that entire market back in their favor. Similar to they used to have back

10:05

in the SAS 1.0

10:06

days where Intercom was the number one company out there. It definitely seems

10:13

like there's a

10:13

really good shot that they have a return to their leadership position among the

10:19

broader SAS

10:20

community. I'm rooting for them. I think we'll see what happens and what they

10:25

can make of the AI

10:26

opportunity. It's certainly there and they're grabbing the bull by the horns.

10:30

It's kind of cheesy to

10:32

maybe a big claim to make. I don't mean to suggest that Intercom is the next

10:38

Apple.

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I can't think of another example of a company where the founder like left came

10:47

back and kind of

10:48

brought the company to the next kind of major-- ushered in that new era in a

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material way.

10:54

Maybe SAS in general, we're a pretty young industry, all things considered.

11:03

But I think there's an opportunity for history to really be developed here. I'm

11:08

going to be watching

11:10

closely. Yeah, for sure. There's something weird. I don't know why this is

11:14

necessarily. There's

11:16

probably people who are way more qualified to speak on this than me. But there

11:20

's something about

11:22

the founder energy in the company. It's that sort of vision, combination of

11:33

vision and leadership.

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It's not always pretty, but it's definitely a force that if you can harness it

11:42

the right way,

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it can take you pretty far. From a marketing point of view, is maybe one of the

11:47

best resources

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you have. It's cool to watch them recapture that. I'm thinking about that a lot

11:57

lately.

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Really thinking about the difference between

12:00

even buying product from a company run by a non-founder. There's just something

12:11

really

12:11

too that I don't have anything bold or incredibly insightful to share. But I'll

12:16

just observe along

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with you that there's something about that energy that is different and it

12:21

impacts the go-to market.

12:24

It impacts the work that we do on the marketing end to support the founder and

12:28

ultimately to drive

12:28

the revenue. There's the broader trend of the brand pages. That's not where

12:38

people are engaging

12:39

on social. They're engaging with the people behind the brands. That's a well-

12:44

understood

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phenomenon now. There's nothing more powerful than the founder being the face

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out there.

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We'll see what happens. I'm excited for them. I am excited for this next phase

12:59

of Intercom.

13:00

Like I said, root and form.

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