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Messaging 101 for Startups
April Dunford           @aprildunford
A Definition of Marketing




                            2
Messaging is Important




                         3
Why is it So Hard?




                 Based on this

                                 4
Why is it So Hard?




       Effects all this

                          5
Before You Start

1. Know your audience
2. Know yourself




                        6
Know Your Market: Market Segments

Your market is not everyone

B2B Segments can be described by company
size, company type, company growth/stage,
spending, etc.

B2C Segments can be described by geography,
age, income, employment, hobbies, etc.



                                              7
Know Your Market: Personas

Go beyond market research data
Describe the flow of a day, skills, attitude,
environment, goals, fears/anxieties,
experience, etc.
Techniques for gathering information: fly
on the wall, interviews, apprentice/master


                                                8
Know Yourself: Your Market Category

Important and not always obvious. The first
step to getting people to understand what
you do.
The category is the frame of reference that
customers will use when evaluating you,
Categories can be described by value you
deliver, problems you solve, competitors in the
market today, etc.

                                                  9
Know Your Market: Your Value

What problem do you solve for
customers?
How do customers describe the
value that you deliver?



                                10
Know your Market: Your Competitors

What type of customers love them and why?

What type of customers hate them and why?

Where does your offering overlap (from a
customer’s perspective)?

How is your offering clearly superior (from a
customer’s perspective)?



                                                11
Good Messaging Answers 3 Questions


Answer these questions:
1. What the heck is it?
2. Is it for me?
3. Why buy it from you?
(In this order!!)


                                     12
Paris Hilton Marketing



beautiful but
 makes no
   sense

                         13
What You Do?
Netflix – Watch as many
movies as you want for one
low monthly price.
SalesForce.com – the world’s
favorite CRM software as a
service.
Wikipedia – A free
encyclopedia built
collaboratively using Wiki
software.


                               14
You do WHAT?
Sun Microsystems –
Innovative products and
services that power the
network economy.
Sterling Commerce – helps
companies optimize and
transform their dynamic
business network to
accelerate revenues and
reduce costs.


                            15
Step 1: What the Heck is it?

Keep it brief
Use simple language
Put it front and center



                               16
Segmentation is not a Dirty Word



  Market to Everyone, Sell to No One




                                       17
Explicit Targeting is Powerful
 ThinkGeek: Selling geek t-shirts
for programmers, linux hackers,
    and open source geeks.

               VS

Customink: your t-shirt expert for
teams, schools, companies and
          individuals.



                                      18
Go Deep – The Janna Example
CRM for Investment
bankers:
• Use cases, day in the life of a
  banker

• Demos, example data

• Whitepapers, articles, opt-ed

• Sales Enablement: the IB
  dictionary


                                    19
Step 2: Is it for Me?

Be explicit about who you target
Use their language
Go as deep as you can



                                   20
Why Buy from You?

The terrible secret they don’t teach you in
             engineering school




                                              21
Why Buy From You?

The terrible secret they don’t teach you in
            engineering school:
 Customers Don’t Care about FEATURES




                                              22
Why Buy from You?

Value                            Features
Make sales more productive       Integrates customer data from
                                 any source, show relationships
                                 between customers.
Deploy new applications 20%      Extract and transform data from
faster                           heterogeneous sources
Resolve IT issues faster         Monitor cpu and memory usage
                                 in real time.
Pay off your debt sooner         View all account information in
                                 one place, graph spending
                                 patterns.
Sharper, more realistic images   Megapixels
                                                                   23
Step 3: Why Buy it from You?

Value not Features
Focus on Differentiators
Get Specific



                               24
Bonus Points: Tell a Great Story

Memorable
Stories are the vehicle for your
messaging between people




                                   25
Thanks!


          @aprildunford
 aprildunford@gmail.com
   RocketWatcher.com


                          26

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IoT Insurance Observatory: summary 2024
 

Messaging 101 for Startups

  • 1. Messaging 101 for Startups April Dunford @aprildunford
  • 2. A Definition of Marketing 2
  • 4. Why is it So Hard? Based on this 4
  • 5. Why is it So Hard? Effects all this 5
  • 6. Before You Start 1. Know your audience 2. Know yourself 6
  • 7. Know Your Market: Market Segments Your market is not everyone B2B Segments can be described by company size, company type, company growth/stage, spending, etc. B2C Segments can be described by geography, age, income, employment, hobbies, etc. 7
  • 8. Know Your Market: Personas Go beyond market research data Describe the flow of a day, skills, attitude, environment, goals, fears/anxieties, experience, etc. Techniques for gathering information: fly on the wall, interviews, apprentice/master 8
  • 9. Know Yourself: Your Market Category Important and not always obvious. The first step to getting people to understand what you do. The category is the frame of reference that customers will use when evaluating you, Categories can be described by value you deliver, problems you solve, competitors in the market today, etc. 9
  • 10. Know Your Market: Your Value What problem do you solve for customers? How do customers describe the value that you deliver? 10
  • 11. Know your Market: Your Competitors What type of customers love them and why? What type of customers hate them and why? Where does your offering overlap (from a customer’s perspective)? How is your offering clearly superior (from a customer’s perspective)? 11
  • 12. Good Messaging Answers 3 Questions Answer these questions: 1. What the heck is it? 2. Is it for me? 3. Why buy it from you? (In this order!!) 12
  • 13. Paris Hilton Marketing beautiful but makes no sense 13
  • 14. What You Do? Netflix – Watch as many movies as you want for one low monthly price. SalesForce.com – the world’s favorite CRM software as a service. Wikipedia – A free encyclopedia built collaboratively using Wiki software. 14
  • 15. You do WHAT? Sun Microsystems – Innovative products and services that power the network economy. Sterling Commerce – helps companies optimize and transform their dynamic business network to accelerate revenues and reduce costs. 15
  • 16. Step 1: What the Heck is it? Keep it brief Use simple language Put it front and center 16
  • 17. Segmentation is not a Dirty Word Market to Everyone, Sell to No One 17
  • 18. Explicit Targeting is Powerful ThinkGeek: Selling geek t-shirts for programmers, linux hackers, and open source geeks. VS Customink: your t-shirt expert for teams, schools, companies and individuals. 18
  • 19. Go Deep – The Janna Example CRM for Investment bankers: • Use cases, day in the life of a banker • Demos, example data • Whitepapers, articles, opt-ed • Sales Enablement: the IB dictionary 19
  • 20. Step 2: Is it for Me? Be explicit about who you target Use their language Go as deep as you can 20
  • 21. Why Buy from You? The terrible secret they don’t teach you in engineering school 21
  • 22. Why Buy From You? The terrible secret they don’t teach you in engineering school: Customers Don’t Care about FEATURES 22
  • 23. Why Buy from You? Value Features Make sales more productive Integrates customer data from any source, show relationships between customers. Deploy new applications 20% Extract and transform data from faster heterogeneous sources Resolve IT issues faster Monitor cpu and memory usage in real time. Pay off your debt sooner View all account information in one place, graph spending patterns. Sharper, more realistic images Megapixels 23
  • 24. Step 3: Why Buy it from You? Value not Features Focus on Differentiators Get Specific 24
  • 25. Bonus Points: Tell a Great Story Memorable Stories are the vehicle for your messaging between people 25
  • 26. Thanks! @aprildunford aprildunford@gmail.com RocketWatcher.com 26