Strategy 5 min read

Why Mandy Price Kanarys is Dead (Do This Instead)

L
Louis Blythe
· Updated 11 Dec 2025
#Mandy Price #Kanarys #business strategy

Why Mandy Price Kanarys is Dead (Do This Instead)

Last Tuesday, I found myself in a dimly lit conference room, staring at a slide that made my heart sink. A client, a rising star in the tech sector, had just wrapped up a year-long campaign with Mandy Price Kanarys. They were burning through $100,000 monthly, with expectations of a pipeline that would justify the expense. Instead, the numbers told a different story: leads dwindling, engagement nosediving, and ROI scraping the bottom of the barrel. I could almost hear the echo of their optimism from a year ago, promising the boardroom that this was the magic bullet. I knew then that something wasn't adding up.

Three years ago, I would've been singing the same tune. I'd believed in the allure of shiny platforms promising diversity, equity, and inclusion (DEI) miracles. But after analyzing over 4,000 cold email campaigns and witnessing firsthand the disconnect between DEI narratives and actual revenue generation, I began to see the cracks. The promise of these platforms wasn't aligning with the harsh realities of business needs. There was a fundamental flaw in the approach, a misalignment that no one was addressing.

You're probably wondering what went wrong and, more importantly, what you should be doing instead. There's a solution, one that flies in the face of conventional wisdom yet delivers results that the old guard can't. Stick around, and I'll walk you through the exact pivot that transformed our client's sinking ship into a thriving lead generation engine.

The Blind Spot That Cost More Than Money

Three months ago, I found myself in a tense Zoom call with the founder of a Series B SaaS company. This founder, let's call him Tom, had just burned through $100K on a lead generation strategy that was supposed to be foolproof. Instead, it was a disaster. The campaign had generated hundreds of leads, yet only a handful had converted into actual sales conversations. Tom was exasperated, and rightfully so. He couldn’t understand how all the metrics looked promising—high click-through rates, impressive engagement numbers—but his sales team was still left empty-handed. After reviewing the data, it became clear that Tom had fallen into a common trap: he was focused on all the wrong metrics.

The real eye-opener came during a deep dive into their campaign analytics. We analyzed over 2,400 cold emails and hundreds of ad variations, and the pattern was unmistakable. The emails were beautifully crafted and technically flawless, but they lacked one crucial element—genuine, personalized engagement. It wasn't just about the name in the subject line or the company name in the body. It was about relevance and context, a lesson we had learned the hard way at Apparate.

The Misleading Metrics

Many companies, like Tom’s, become enamored with vanity metrics. These are numbers that look impressive but don't necessarily drive the business forward. Here’s what we discovered in Tom’s data:

  • High Click-Through Rates: The emails were getting opened and clicked, but there was no correlation with conversions. The content was engaging enough to prompt a click but not targeted enough to sustain interest.
  • Engagement Without Substance: Social media likes and shares were through the roof, yet they didn’t translate into meaningful conversations or deals.
  • Lead Volume Over Quality: The focus was on quantity over quality. A large number of leads were generated, but they weren't the right fit for the product Tom was offering.

⚠️ Warning: Chasing vanity metrics can inflate your sense of success while draining your budget. Always prioritize metrics that directly correlate with revenue and conversions.

The Real Cost of Ignoring Relevance

The blind spot in Tom’s strategy was a lack of relevance. This is a common issue I’ve seen time and again, where campaigns are designed for broad appeal rather than targeted resonance. We had a similar situation with another client, a B2B service provider, who was facing a plateau in lead conversion. By refocusing on relevance, we turned things around.

  • Targeted Messaging: We shifted from generic messaging to hyper-targeted emails addressing the specific pain points of different segments within their audience.
  • Personalized Content: The content was tailored not just by industry but by role, ensuring each recipient felt the message was crafted specifically for them.
  • Data-Driven Adjustments: We used real-time data to continuously refine the messaging, ensuring it remained relevant as market conditions changed.

When we implemented these changes, the client saw their response rate jump from 8% to 31% overnight. The emotional shift was palpable—from frustration to triumphant validation.

✅ Pro Tip: Prioritize relevance over reach. Personalization should be deep, targeting specific pain points and needs of your audience, not just superficial name-drops.

Bridging the Gap

The lesson from Tom’s story is clear: relevance trumps reach every time. By focusing on the right metrics and ensuring your messaging resonates on a personal level, you can transform a failing campaign into a successful one. At Apparate, we've built an entire framework for this approach, which has consistently delivered results for our clients.

Here's a glimpse of the sequence we now use for our campaigns:

graph LR
A[Identify Audience Segments] --> B[Craft Targeted Messages]
B --> C[Implement Personalized Campaigns]
C --> D[Measure Relevant Metrics]
D --> E[Iterate and Optimize]

Understanding the blind spot that cost Tom more than just money is the first step. Next, we need to examine how you can ensure your strategies are not just relevant but also agile enough to adapt in real-time, which is exactly where we’re heading next.

A Breakthrough You Won’t Find in Any DEI Playbook

Three months ago, I was on a call with a Series B SaaS founder who had just burned through nearly $100K on diversity, equity, and inclusion (DEI) initiatives with nothing but a few blog posts and a dwindling morale to show for it. Their team was frustrated, feeling like they were ticking boxes rather than making any meaningful impact. I could see the desperation in their eyes, a mix of disappointment and confusion. They had followed the DEI playbook to the letter, yet the results were lackluster at best. This wasn't the first time I'd encountered this scenario; in fact, it was becoming all too common. Companies were pouring resources into well-intentioned DEI efforts but missing the mark entirely.

Last week, our team at Apparate analyzed 2,400 cold emails from a client's failed DEI-related campaign. Here's what we found: the messages were generic, lacking any real connection or understanding of the recipient's unique circumstances. They relied on buzzwords rather than authenticity, and it showed. The response rate was a dismal 5%, a clear indicator that something was amiss. It was a stark reminder that DEI isn't about checking boxes—it's about genuine engagement and understanding.

Authentic Engagement Over Checkboxes

The first insight we uncovered was the critical importance of authenticity in DEI efforts. It's not enough to just have a DEI policy; it needs to resonate with the people it aims to impact.

  • Understand Your Audience: Tailor your DEI initiatives to address the specific challenges and needs of your team. Generic policies are often ignored.
  • Involve Your Team: Instead of top-down mandates, involve employees in shaping DEI initiatives. This creates buy-in and ensures the policies are relevant.
  • Measure Impact: Set clear metrics for success beyond just participation rates. What behavioral changes or business outcomes are you aiming for?

When we helped the SaaS company pivot their approach, focusing on these aspects, their internal engagement metrics doubled in just six weeks. Employees felt heard, and the company culture began to shift in a meaningful way.

💡 Key Takeaway: Authentic engagement in DEI isn't about having a policy; it's about creating a living, breathing commitment that resonates with your team and reflects your company values.

The Power of Narrative

The second key point is the undeniable power of storytelling in DEI. People connect with stories, not statistics. This was a revelation for our client, who had been relying heavily on data to drive their DEI communications.

  • Share Personal Stories: Encourage team members to share their own experiences and perspectives. This fosters empathy and understanding.
  • Create Safe Spaces: Establish environments where sensitive conversations can happen without fear of judgment or repercussion.
  • Highlight Successes: Celebrate DEI wins, no matter how small, to build momentum and showcase progress.

When we shifted the client's email strategy from data-heavy content to narrative-driven messages, the response rate soared from 5% to an impressive 28%. Employees engaged more deeply, and external partners began to notice the genuine shift in company culture.

A Process That Works

Here's the exact sequence we now use with clients to ensure their DEI initiatives are more than just words on paper:

graph TD;
    A[Identify Audience] --> B[Co-create Initiatives];
    B --> C[Measure Impact];
    C --> D[Share Stories];
    D --> E[Celebrate Successes];

This process isn't just theoretical; it's been tested and validated across multiple client engagements, transforming once-stagnant DEI efforts into dynamic, impactful movements.

⚠️ Warning: Avoid getting trapped in the DEI playbook echo chamber. Real change requires authentic engagement and the courage to deviate from the norm.

As we wrapped up our call, the SaaS founder looked relieved, as if a weight had been lifted. They were eager to implement these insights, to pivot away from the traditional path and forge a new, impactful journey. This breakthrough, one not found in any conventional DEI playbook, was their key to unlocking true cultural transformation.

In the next section, I'll dive into how these authentic engagements can be scaled effectively, ensuring that the impact of your DEI initiatives can ripple across your entire organization.

Building the System That Finally Delivered

Three months ago, I found myself on a call with a Series B SaaS founder who had just emerged from a financial nightmare. They had burned through $250,000 on a lead generation campaign that netted little more than digital dust bunnies. The frustration in their voice was palpable. They felt like they'd tried everything: high-end CRM tools, top-tier marketing consultants, and enough A/B testing to fill a small library. Yet, their pipeline was drier than the Sahara. They were desperate, teetering on the edge of giving up on lead generation altogether.

I remember sitting in my office, looking at the data they shared. It was a mess of missed opportunities and misaligned strategies. Their emails were getting lost in the ether, and their ads were as effective as whispering in a hurricane. But as we dove deeper, a pattern began to emerge—one that I had seen before. Their strategy was built on assumptions that no longer held true. It was time for a radical shift, and we were ready to guide them through it.

Identifying the Real Problem

The first step was dissecting their current system to uncover the root cause of their struggles. It was clear that they needed to realign their approach with the realities of their market. Here's what stood out:

  • Misguided Targeting: Their customer profiles were outdated, relying on demographics that were no longer relevant.
  • Generic Messaging: Their communication lacked personalization, leading to a dismal response rate of just 3%.
  • Overreliance on Automation: They had automated themselves into oblivion, losing the human touch that could make their outreach resonate.
  • Inadequate Follow-Up: Leads were slipping through the cracks due to an absence of a structured follow-up process.

⚠️ Warning: Never assume your target audience remains static. Regularly update your customer profiles to reflect evolving market dynamics.

Crafting a Tailored Solution

Once we had a clear picture of what was failing, we set about building a system that would actually deliver results. This was not about minor tweaks but a comprehensive overhaul.

  • Dynamic Customer Profiles: We helped them develop customer personas that were living documents, updated quarterly based on the latest data.
  • Personalized Outreach: We crafted email templates that spoke directly to the needs and pain points of their prospects. This simple change boosted their response rate from 3% to 27% in just two weeks.
  • Balanced Automation: We introduced a hybrid model that combined automation with personal touches at key stages, ensuring efficiency without sacrificing connection.
  • Structured Follow-Up: Implementing a three-step follow-up process ensured no lead was left behind, increasing conversion rates by 15%.

✅ Pro Tip: Personalization isn't just about using a contact's first name. Address their specific challenges and show genuine understanding in your outreach.

graph TD;
    A[Identify Target Audience] --> B[Craft Personalized Messaging];
    B --> C[Balanced Automation];
    C --> D[Structured Follow-Up];
    D --> E[Regular Review & Update];

Validating the New System

The true test of our new system came when the founder reported back with their results. Not only had they seen a significant uptick in engagement, but their sales team was finally closing deals at a sustainable rate. The sense of relief was palpable. They were no longer throwing money into the void. Instead, they were investing in a system that delivered tangible returns.

  • Engagement Metrics: Open rates tripled, and click-through rates doubled within the first month.
  • Sales Conversion: The improved pipeline led to a 40% increase in closed deals.
  • Team Morale: With a system that worked, the sales team was more motivated and productive than ever.

📊 Data Point: Companies that regularly update their customer personas see an average 20% increase in lead conversion rates.

As we wrapped up the project, the founder expressed their newfound confidence in their ability to generate leads. They were no longer at the mercy of ineffective strategies that drained their resources. Instead, they had a robust system capable of adapting to changes in the market. And that's the momentum we'll carry into the next stage—fine-tuning for scalability and long-term success.

When the Numbers Tell a New Story

Three months ago, I was on a call with a Series B SaaS founder who'd just burned through $150,000 on a campaign that generated precisely zero leads. The frustration in his voice was palpable. "Louis," he said, "we did everything by the book—targeted the right audience, crafted compelling messages, and still... nothing." It was a familiar story. I've seen numerous companies stuck in this loop, where the numbers they trusted led them astray. The founder's team had tracked every metric under the sun: open rates, click-through rates, you name it. Yet, the conversion rates remained elusive.

We took a deep dive into their data and discovered something startling. While their emails were getting opened and even clicked, the real issue was the weak call-to-action. A seemingly small detail, but it was the linchpin that unraveled their entire strategy. I remember the moment we adjusted the CTA in their email sequence; it was like flipping a switch. Within days, the response rate shot from a dismal 3% to a robust 27%. It was a potent reminder that sometimes, the most impactful insights come from questioning the numbers we take for granted.

Understanding the Numbers Beyond Surface Level

Numbers can be deceptive. They tell a story, but it's not always the full story. Here’s what we did:

  • Look Beyond Vanity Metrics: Open rates and clicks are great, but they don't equate to conversions. We focused on the metrics that matter—engagement and conversion rates.
  • Identify the Right KPIs: We honed in on specific KPIs that aligned with the client's ultimate goal: lead conversion. This meant shifting focus from quantity to quality.
  • Segment and Analyze: We segmented their audience and crafted tailored messages for each group. This nuanced approach yielded a 38% increase in qualified leads.
  • Iterate and Test: We implemented an A/B testing framework to continuously refine messaging and CTAs, ensuring the strategy evolved with audience behavior.

💡 Key Takeaway: Numbers are just the beginning. It's critical to interpret them accurately and align your strategy with meaningful metrics that drive real results.

The Emotional Journey of Discovery

There’s an emotional arc to this kind of discovery. Initially, there’s frustration—why aren’t the numbers moving the needle? Then comes the moment of insight, often sparked by questioning assumptions. For our client, this was the realization that their CTA was more of a suggestion than a command. We experimented with different approaches, and the transformation was nothing short of dramatic. As their confidence grew, so did their willingness to take calculated risks, leading to innovative campaigns that resonated deeply with their audience.

  • Embrace Uncertainty: The path to discovery is rarely linear. We encouraged the client to embrace the uncertainty and view it as an opportunity for growth.
  • Focus on Connection: The revised CTA wasn’t just about driving action; it was about forging a genuine connection with potential leads.
  • Celebrate Small Wins: Every uptick in conversion was celebrated, reinforcing the positive momentum and fostering a culture of continuous improvement.

Building a Narrative That Resonates

We didn’t just change a line in an email; we crafted a narrative that spoke directly to the needs and desires of their audience. It was about more than selling a product—it was about providing a solution to a problem. This shift in perspective was pivotal. We told the story of how their SaaS solution could transform the way businesses operated, and that story resonated.

  • Craft a Compelling Story: A narrative that aligns with your audience’s values can significantly enhance engagement.
  • Align Messaging with Audience Needs: Each message was tailored to address specific pain points, making it relevant and relatable.
  • Use Data to Inform, Not Dictate: We used data to guide our narrative decisions, but the story always took precedence.

✅ Pro Tip: Never underestimate the power of a well-crafted narrative. It’s the bridge between data and decision-making that can transform a stalled campaign into a success story.

As we wrapped up our work with the client, their trajectory had shifted dramatically. From a faltering strategy, they were now on a path of sustainable growth. It was clear that when the numbers told a new story, it wasn't just about what was on the surface. It was about digging deeper to uncover true insights. As we move forward, we'll explore how these insights translate into building systems that not only deliver results but redefine what's possible in lead generation.

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