YCharts is a financial data and investment research platform that provides investors with comprehensive data, powerful visualization tools, and advanced analytics.
YCharts is a rapidly growing company in the investment research space, competing against industry stalwarts Bloomberg, Reuters, and FactSet. As a smaller player, YCharts needed exposure to wealth advisors who may be unfamiliar with how YCharts’ next-generation tools lead to smarter investments, enable vast time and cost savings, and alleviate key pain points.
YCharts partnered with 3Points to gain targeted exposure in key industry trade publications. 3Points was tasked with getting YCharts on the radar of publications that influence the wealth advisor space.
3Points set out to build and maintain relationships with several key publications and their reporters. One specific reporter 3Points formed a connection with was a tech reporter from a well-known trade publication in the investment space, which was strategic, given that this reporter’s beat is wealth advisor technology. By sharing interesting news tidbits about YCharts, sending updates on recent wins, and stressing YCharts’ relationships with industry-leaders such as TD Ameritrade, Dynasty Financial Partners, and Charles Schwab, among others, 3Points was able to set up an interview between this journalist and YCharts CEO Sean Brown.
Within a few months, the reporter circled back with 3Points, as the publication was pursuing a story angle relevant to YCharts and the innovations it was introducing to the industry. Knowing this was a perfect fit, 3Points set up another interview between the journalist and Sean. Before the conversation, 3Points worked with YCharts on interview preparation to ensure Sean had interesting data and insights prepared to demonstrate that YCharts was worth including in the piece.
Armed with talking points that focused on YCharts’ ability to help advisors effectively manage risk and position portfolios to perform in different market conditions, evaluate fund performance in past markets, monitor leading indicators to better time strategy changes, and visually depict strategies to clients/prospects, Sean did a fantastic job in the interview. This led to a successful feature placement in the publication in early January that profiled key fintech platforms for investment research.
As we know, today’s news cycle moves quickly, and shortly after the piece became live on the publication’s website, YCharts started experiencing a flurry of additional inbound interest. Sean was receiving kudos from executives in the industry, influencers were congratulating YCharts on social media, and the sales team started getting additional calls from prospects mentioning the publication.
In the following days, there were a number of inbound calls that were in direct response to the article. As a result, YCharts landed a multi-user deal with a financial advisory firm, a client that falls directly in YCharts’ sweet spot.
While media placements are often difficult to tie directly to sales, this example demonstrates that a targeted placement can cause a ripple effect. Q1 2018 ended up being YCharts’ most successful quarter to date, and the company has kept up the positive momentum generated by this key placement and YCharts’ growing industry footprint.
It’s often difficult to measure the effects of good PR, but we have seen clear business benefits from 3Points’ efforts — even down to enhancing our sales efforts as a result of appearances in industry press. 3Points has been integral in helping us share our message within our industry.
– Sean Brown, CEO, YCharts