How Narmi turned product updates into a revenue driver

Narmi is a New York-based fintech company that helps regional banks, community banks, and credit unions deliver modern digital banking experiences through mobile banking, online banking, and digital account opening platforms.
Narmi used LaunchNotes to put its fast release pace in front of customers and prospects, and turned product updates into a reason to buy.
The situation
Narmi gives regional banks, community banks and credit unions the mobile banking, online banking and digital account opening that used to be reserved for the biggest institutions.
With roots in SaaS and agile development, Narmi ships new features, enhancements and fixes constantly. In banking, which is used to annual waterfall releases, that pace is a real selling point.
Banking is used to annual releases. We ship constantly, so our release process became a marketing driver.
Audrey Song, Sr. Product Marketing Manager

Why LaunchNotes
Narmi tried three approaches first:
- Plain-text emails: well received, but lacked marketing polish
- Their marketing automation tool: better quality, but a new campaign for every small update was a burden
- The company blog: considered, but posting every update would have crowded out everything else
None gave customers one place to see every update in order. LaunchNotes did. The embeddable announcement widget, enterprise-grade branding and ease of use sealed it.
How they use it
- One or two updates a month, from new features to redesigns and enhancements
- A branded page that looks like an extension of Narmi's marketing site
- Built into onboarding: every new customer is signed up to the page
- In front of prospects: updates show the pace of innovation during the sales process
What changed
Streamlining updates saved time across marketing, product management and product ops. Putting that pace of innovation on display also helped Narmi's win rates, sales cycle length and cross-sells.
“By getting these updates in front of potential customers, we’ve been able to close deals faster and more frequently,” Audrey said.
Closing thought
LaunchNotes lets us showcase the pace of innovation you get with Narmi.
Audrey Song, Sr. Product Marketing Manager
