This presentation helps non-US high-tech companies understand market conditions in the US and specifically the Silicon Valley
1) US Market Conditions
2) Marketing structure and “lingo”
3) Integrated Marketing and Sales
4) Position your product/service for the US Market
5) Be ready for life at Internet speed
6) Become a “virtual” communicator
7) Network, network, network…
8) It Takes a Village
9) Before you Leave Home
10) A few Silicon Valley Secrets
For help with your US marketing, contact frances@addisonmarketing.com
WordPress Websites for Engineers: Elevate Your Brand
Top 10 Marketing Tips for Non US Companies Expanding to the US
1. Top 10 Marketing Tips for Non-US
Companies Expanding to the US
Frances Mann-Craik
CEO, Addison Marketing
frances@addisonmarketing.com
www.addisonmarketing.com
2. Marketing in the US – Top 10
1. Understand US market conditions
2. US marketing structure and “lingo”
3. Integrated Marketing and Sales
4. Position your product/service for the US Market
5. Be ready for life at Internet speed
6. Become a “virtual” communicator
7. Network, network, network…
8. It Takes a Village
9. Before you Leave Home
10. A few Valley secrets
3. 1. Understand US Market Conditions
The US is a big country – 3000 miles, 3 times zones
Many tech centers - New York, Boston, North
Carolina, San Diego, Austin Silicon Valley
Competition is fierce
Relationships help build your reputation and business
– Influencers, partners, resellers, customers
Engagements are changing – from push to pull
5. Marketing’s Charter
Marketing as a strategic function:
– Position your company for market leadership
– Focus on awareness building -- for fund
raising, alliances and partnerships, sales to
early adopters
Marketing for sales development:
- Generate leads
- Drive interactions down
the funnel to the ultimate sale
7. Product Marketing
In the early days, the entire company does
product marketing!
Define market requirements
Evaluate competition
Liaison with development and manufacturing
Determine pricing
Launch and evangelize
Life cycle management
8. Channels and Alliances
Broaden sales reach – geography, vertical
Product distribution and/or support
Partners to create “whole product”
Partners to provide credibility
9. Marketing Communications
Outbound and inbound -- spread the word, be
easily “found,” build awareness, generate leads:
– Website
– SEO/SEM
– Content development
– Public Relations
– Social engagements
– Advertising
– Events
11. 3. Integrated Marketing and Sales
Sales Force Automation
Marketing Automation
Continuously reach out and touch customers as
they move through the funnel
On-going visibility into customer
nurturing
Sales steps in after the customer is
warm and knowledgeable
12. 4. Position Your Product/Service
for the US Market
Define how your product is different from the
competition (better, cheaper, faster) and why
customers NEED your product
Identify the key customers you should go “above
and beyond”
Leverage references from the
first customer to adjacent
“bowling pins” to help you
move across the chasm
13. The Landscape of the Technology
Adoption Life Cycle – Crossing the Chasm – Silicon
Valley Tech Marketing “Bible”
Main Street
The
Tornado
Early
End of Life
Chasm
Market The
Bowling
The
Alley
Excerpted from Inside the Tornado by Geoffrey Moore. HarperBusiness, 1995. Reproduced with permission from The Chasm Group.
14. 5. Life at Internet Speed
“I don’t mean to be rude, but I’m in a hurry”
Meetings are set 2-3 days ahead, not weeks
“Nice to meet you, now give me the details”
Decisions are often made in real time, at a meeting,
summarized by a one-page email of understanding
(then the lawyers work the details)
Projects are delegated to specialists
Good employees are hard to find – hire fast
15. 6. Become a Virtual Communicator
There are no longer secretaries or admins
Technology people use email, voicemail and texting
-- and write and answer themselves
Many editors and journalists prefer email “pitches”
Focus hard on the email subject line – it’s your one
chance to open the door
Answer your emails in a timely way – opportunities
come and go quickly
16. 7. Network
Who you know will get you into who you
need to know – it’s all about networks
Online networking – social media expands your reach
and the speed of networking
Seminars and conferences increase your knowledge
and make valuable connections
Follow up – start a business relationship, perhaps a
friendship
17. Networking
Churchill Club: www.churchillclub.com
Silicon Valley Association of Software Entrepreneurs and
Silicon Valley Forum: www.svforum.org
World Internet Center: www.worldinternetcenter.com
AlwaysOn – Networking for the Global Silicon Valley:
aonetwork.com
Chinese Information and Networking Association: CINA.org
18. 8. It Takes a Village
Customers
Employees
Fellow Entrepreneurs Facilities
Equity Capital Web Hosting
Distribution Partners
Web Design Firm
People
Accountants with Advisors
Passion
Editors Recruiters
Blogger
s Public Relations
Marketing Services Analysts
Lawyers HR, ISHardware Resellers
Value Partners
Bankers
19. 9. Before You Leave Home
Make sure your website is rich and relevant for the US
market
– Positioning, messages, communications platform
– Provide Keyword-rich relevant content
– Have a native review the website content for correct
American English
– Fix your META tags – title, description, URL, keywords
Watch/engage the social media channels around your
technology – Twitter, LinkedIn, Google+, Facebook
Follow key influencers for your space on Social
Media… join the conversation
20. 10. First Serious Steps in the US
Engage a Valley law firm
Immigration (before you leave home!)
Incorporation – different laws in different states
Intellectual Property – trademarks, copyrights, patents
Contracts – employee, partnerships, licensee agreements…
Contacts – VCs, Angels, Consultants…
An impressive law firm gives you “instant credibility”
US Address – Regus or other office rental
US Launch – with a local marketing agency
21. Some Silicon Valley Secrets
For PR attention – position your news into “hot”
topics – for example, this month:
B2C – Facebook, Google, Apple, Mobile, Apps,
Tablets
B2B – Big Data, Cloud, SaaS
No laws to protect employment -- California is
“At will.” No company interest in skills retention,
retraining,etc. it’s all on the individual
Youth is “good”; Maturity is “good”
22. Some Silicon Valley Secrets
“Pay-It-Forward” culture – Silicon Valley people
are willing to help, network and connect
strangers
Failure…Success…Success…Failure…Success
- A seasoned Silicon Valley entrepreneur has
failed and--more often--succeeded, past failures
are a stepping stone to future success
Passion, tenacity, intelligence, and a willingness
to work hard are essential and revered –
regardless of race, sex, religion, ethnicity…
23. Reference Materials
Cross the Chasm, Geoffrry Moore
The Art of the Start, Guy Kawasaki
Business Model Generation, Alexander Osterwalder
The Lean Startup, Eric Ries
The Startups Owners Manual – By Steve Blank and
Bob Dorf
Free Class: How to Build a Startup (EP245) The
Lean LaunchPad
http://www.udacity.com/overview/Course/ep245/Cour
seRev/1