SlideShare a Scribd company logo
1 of 141
Proprietary and Confidential
Go to Market Strategies
startupsecrets.com
Proprietary and Confidential
Workshops
Full descriptions of each at
startupsecrets.com
1. What’s Your Roadmap to Success?
2. Building a Compelling Value Proposition
3. Turning Products into Companies
4. Culture, Mission and Vision
5. Hiring A+ Talent
6. Game-Changing Business Models
7. Go to Market Strategies
8. Getting Behind the Perfect Investor Pitch
9. Funding Strategies to go the Distance
10. Have You Got What It Takes?
11. Mastering Mutual Mentorship
Proprietary and Confidential
Introductions and Connections
 Our guests:
• Apperian
 Mark Lorion @mark_lorion
• Demandware
 Jamus Driscoll @jamusdriscoll
• Hubspot
 Brian Halligan @bhalligan
• Matrix partners
 David Skok @bostonvc
 Your hosts:
• Harvard I Lab #innovationlab
• Michael Skok @mjskok
• Startup Secrets #startupsecrets
www.startupsecrets.com
3startupsecrets.comGo to Market Strategies
Proprietary and Confidential
A Startup GTM Framework
Marketing & Sales Cycle
Awareness
Interest
Understanding
Engagement
Trial
Purchase
Strategies Tactics Channel Audience
Brand
Positioning
Messaging
Social
Media
PR
Services
References
Direct vs.
Channel
Channel
Development,
Management,
Etc.
Strategic
Partners
Targeting,
Segmentation
Personas
Actors/Scenes
• Results Oriented, Metrics, Execution Driven
• Continuous Iteration & Improvement
OUTbound/INboound
4startupsecrets.comGo to Market Strategies
Proprietary and Confidential
Agenda
Strategic
1. Brand
2. Positioning
3. Targeting, Segmentation
Tactical
1. The Marketing and Sales Cycle
2. Driving to Market
3. Results-Oriented, Measured Execution
Execution – Introduction to Key Areas
1. Inbound
2. Building Your GTM Machine
5startupsecrets.comGo to Market Strategies
Proprietary and Confidential
Name
Identity
system
Brand
Essence
Every Touch
Point
Product
Proprietary and Confidential
Brand
 A science unto itself – Don’t underestimate its power!
• Are you Apple or Dell? Coke or Pepsi?
 But for starters, branding in startups:
• It’s about YOU, the founders!
• Your People
• Your Culture (see the lecture on Culture, Vision, and Mission)
• How You Execute:
 How you interact with your ecosystem of customers, partners, suppliers, and stakeholders
7startupsecrets.comGo to Market Strategies
Proprietary and Confidential
Brand Essence Framework
Vision How is the world changing in a way that makes your idea necessary?
Promise What do you promise customers at the most fundamental level?
Attributes
Spike
Special
Standard cost of entry
different & better
unique
What makes us distinctly
valuable to our
customers? How do we
achieve over and over?
Engagement
What does it feel like
to engage with us?
Personality
If we were a person
what would we be like?
Style
How would we present
ourselves to the world?
Emotion
8startupsecrets.comGo to Market Strategies
Proprietary and Confidential
BRANDING
DEMANDWARE
Jamus Driscoll, SVP Marketing
jdriscoll@demandware.com
December 3, 2012
Copyright 2012 Demandware, Inc. - Confidential
Proprietary and ConfidentialCopyright 2012 Demandware, Inc. - Confidential
Change the
Criteria
10
Proprietary and Confidential
The Demandware Branding Challenge
From
 Control of Software
 Cost to Install
 Expense
 Mid-size Companies
 Our Platform
 Risk
 Visionaries
To
 Control of eCommerce
 Cost to Stay Cutting-Edge
 Revenue Driver
 High-Growth Brands
 Your Brands
 Confidence
 Great Marketers
11Copyright 2012 Demandware, Inc. - Confidential
Proprietary and Confidential
The Demandware Opportunity
12
Brand/
Marketing
eCommerce
Technology
Features Benefits Rewards
Copyright 2012 Demandware, Inc. - Confidential
Proprietary and Confidential
What It Meant
13
• Demandware couldn’t differentiate on claims alone
• Must go beyond rational and functional benefits
• Address ambition
• Speak the customer’s language
• It’s not what you can do, it’s what the customer can do
• Look and act like a marketing partner
• Show, don’t just tell
• Make it inspiring!
Copyright 2012 Demandware, Inc. - Confidential
Proprietary and Confidential
Brand Positioning
14
It’s not just about
how the customer
feels about you…
…It’s also about how
you make the
customer feel about
their self
Copyright 2012 Demandware, Inc. - Confidential
Proprietary and Confidential 15
CEO/CMO
IT
eCommerce
Finance
An industry
leader to
watch
A real
business-enabler
and creative
problem-solver
I ROCK!!
A business
facilitator, not
just a bean
counter
Proprietary and Confidential
What Does this Mean for the Demandware
Customer?
16
The Demandware Brand
Promise:
Our customers can count on Demandware
to help them drive their business – and
their own careers – to their full potential.
Copyright 2012 Demandware, Inc. - Confidential
Proprietary and Confidential
How Does the Customer Benefit?
17
Think It. Do It.
No limits. No worries. No surprises.
Copyright 2012 Demandware, Inc. - Confidential
Proprietary and Confidential
Brand Promise Rests on Brand Attributes
18
Automatic global
releases
Innovation
eco-system
Link partners
Community
Labs
Open cloud-based
services
Single platform:
Multi-brand/
Multi-country/
Omni-channel
Transparent,
inclusive
pricing
Extensible/
Interoperable
Integrated 3rd
party services
and apps
Business model
Thought
leadership
Customer-
focused
innovation
Customer
panels
World-class
operating
environment
Uptime/Security
Scalability
Innovation Simplicity Partnership Performance
Copyright 2012 Demandware, Inc. - Confidential
Proprietary and Confidential
Startup Secret!
Be Consistent From the Start to Maintain Brand Integrity
19
 Consistency - Great brands are consistent—
everywhere a customer comes into contact, they
are the same.
 Values – Great brands have attributes consistent
with company values.
 Reliability – Great brands consistently keep their
promise.
startupsecrets.comGo to Market Strategies
Proprietary and Confidential 20
Startup Secret!
Start How You Mean to End
startupsecrets.comGo to Market Strategies
Proprietary and Confidential
Agenda
Strategic
1. Brand
2. Positioning
3. Targeting, Segmentation
Tactical
1. The Marketing and Sales Cycle
2. Driving to Market
3. Results-Oriented, Measured Execution
Execution – Introduction to Key Areas
1. Inbound
2. Building Your GTM Machine
21startupsecrets.comGo to Market Strategies
Proprietary and Confidential
Positioning
Occupy a distinct space:
 In a potential customer’s mind
 In a unique whitespace in the market
• For? (target customers — beachhead segment only)
• Who are dissatisfied with? (current market alternative)
• Our product is a… (new product category)
• That provides… (key problem-solving capability)
• Unlike… (reference competitive differentiation to alternative)
• We have assembled… (key whole product features for your specific application)
22
Good news!
You already did a
simplified version
in the Value Prop
session!
startupsecrets.comGo to Market Strategies
Proprietary and Confidential 23
Positioning
Mark Lorion, CMO Apperian.
Previously VP Marketing
Spotfire Analytics Division
TIBCO Software
Proprietary and Confidential
Company/Product Overview and
Positioning/Messaging
 For line-of-business managers and data analysts at global enterprises
 Who are dissatisfied with rigid BI reports (business intelligence software) that don’t answer questions and
require IT support to modify
 Our approach offers a user-driven and visual approach for looking at data
 That rapidly uncovers new insights that lead to business opportunities, avoids threats, and helps people make
better decisions
 Unlike traditional Business Intelligence
 Spotfire is an Analytics & Data Discovery software platform that provides dimension-free data exploration and
freeform user control to ask and answer new questions at the speed of thought
24
Spotfire acquired by TIBCO Software (over $1 billion in revenue) in 2007
Analytics software sold to enterprises in numerous vertical markets
$xxxM Operating Unit w/ xxx employees
Field teams in throughout Americas, EMEA, APAC
Proprietary and Confidential
Competition
25
 Unique differentiation
• Not just technology
 e.g., Targeted Segment
 Barriers to entry
• Rewind, repeat: Not just technology!
 e.g., Business Model, GTM approach
 What is sustainable?
• IP, patents, network, data, process, etc.
 Consistent with your CORE value?
startupsecrets.comGo to Market Strategies
Proprietary and Confidential
Positioning 2x2:
Whatever Sets You Up For a Unique Whitespace
26
a
b
c
d
{whitespace}
Low
Low
High
High
The choice
of axes is
critical
Define real
BARRIERS
to enter into
each segment
Bubble sizing
for relative
size of
competitors
startupsecrets.comGo to Market Strategies
Proprietary and Confidential
Agenda
Strategic
1. Brand
2. Positioning
3. Targeting, Segmentation
Tactical
1. The Marketing and Sales Cycle
2. Driving to Market
3. Results-Oriented, Measured Execution
Execution – Introduction to Key Areas
1. Inbound
2. Building Your GTM Machine
27startupsecrets.comGo to Market Strategies
Proprietary and Confidential
The Perfect Startup Storm
28
Disruptive
Business Model
Disruptive
Technology
New Market &
GTM
startupsecrets.comGo to Market Strategies
Proprietary and Confidential
Why Do Targeting and Segmentation Matter?
29
 Product / Market fit
 Packaging and Pricing
 Channels, Distribution
 Messaging, communication
… and more
 DEPEND on Targeting & Segmentation
startupsecrets.comGo to Market Strategies
Proprietary and Confidential
The Perfect Startup Storm:
Focus on Value Proposition FOR Target Segment
30
Disruptive
Business Model
Disruptive
Technology
New Market
& GTM
TARGET
SEGMENT
startupsecrets.comGo to Market Strategies
Proprietary and Confidential
Value Proposition: Recap and Intersection
31
• 3D Solution
 Discontinuous
 Defensible
 Disruptive
• 4U Need
 Unworkable
 Unavoidable
 Urgent
 Underserved market
(For Targeting,
Segmentation)
startupsecrets.comGo to Market Strategies
Proprietary and Confidential
The Perfect Startup Storm:
Focus on Value Proposition FOR Target Segment
32
Disruptive
Business Model
Disruptive
Technology
New Market
& GTM
TARGET
SEGMENT
Unique Undeserved
startupsecrets.comGo to Market Strategies
Proprietary and Confidential
Adding Value to Lean Startup Thinking:
33
MVP MVS
Smaller, Easier Target to Cover
Minimum Viable Product (MVP)
AND
Minimum Viable Segment (MVS)
startupsecrets.comGo to Market Strategies
Proprietary and Confidential 34
Startup Secret!
Segmentation: A Common Set of Needs Leads to Reference
 Segment according to the same NEEDS
• Customers can compare solutions
 When you deliver
• They will REFERENCE each other
 Leads to…
• Initial Beachhead
startupsecrets.comGo to Market Strategies
Proprietary and Confidential
Targeting Segmentation:
Get to Common Problem and NEEDS
35
 Vertical
• Automotive
• Financial Services
• Government
 Size
• Consumer
• SMB
• Enterprise
 Problem / NEEDS
• e.g., Regulatory Approval Process
 Applicable Across Pharmaceutical Industry, Fin Services, Government, etc.
Vertical
Size
Problem/NEEDS
startupsecrets.comGo to Market Strategies
Proprietary and Confidential 36
Targeting Segmentation:
Example: Seeking Critical Need
Mobile Professionals vs. Office Worker
startupsecrets.comGo to Market Strategies
Proprietary and Confidential 37
Targeting Segmentation:
Example: Seeking Critical Need
Mobile Professionals vs. Office Worker
Field Workers vs. White Collar
startupsecrets.comGo to Market Strategies
Proprietary and Confidential 38
Targeting Segmentation:
Example: Seeking Critical Need
Mobile Professionals vs. Office Worker
Field Workers vs. White Collar
Services vs. Sales
startupsecrets.comGo to Market Strategies
Proprietary and Confidential 39
Targeting Segmentation:
Example: Seeking Critical Need
Mobile Professionals vs. Office Worker
Field Workers vs. White Collar
Services vs. Sales
Medical Equipment vs. Office Equipment
startupsecrets.comGo to Market Strategies
Proprietary and Confidential 40
Targeting Segmentation:
Example: Seeking Critical Need
Mobile Professionals vs. Office Worker
Field Workers vs. White Collar
Services vs. Sales
Medical Equipment vs. Office Equipment
Hospitals vs. Medical Clinics
startupsecrets.comGo to Market Strategies
Proprietary and Confidential 41
Targeting Segmentation:
Example: Seeking Critical Need
Mobile Professionals vs. Office Worker
Field Workers vs. White Collar
Services vs. Sales
Medical Equipment vs. Office Equipment
vs. Medical ClinicsHospitals
Critical Care vs. Diagnostics
startupsecrets.comGo to Market Strategies
Proprietary and Confidential 42
Startup Secret!
Don’t Be Afraid to FOCUS!
 Narrow as possible to start!
• Think Beachhead (Geoffrey Moore)
 Would you rather:
• Expand on success?
• Contract on failure?
startupsecrets.comGo to Market Strategies
Proprietary and Confidential
Agenda
Strategic
1. Brand
2. Positioning
3. Targeting, Segmentation
Tactical
1. The Marketing and Sales Cycle
2. Driving to Market
3. Results-Oriented, Measured Execution
Execution – Introduction to Key Areas
1. Inbound
2. Building Your GTM Machine
43startupsecrets.comGo to Market Strategies
Proprietary and Confidential
The Startup Marketing and Sales Cycle
44
Awareness
Interest
Understanding
Engagement
Trial
Purchase
startupsecrets.comGo to Market Strategies
Proprietary and Confidential 45
Awareness
Interest
Understanding
Engagement
Trial
Purchase
AA
Actors
Segment
Target
Undeserved and Uniquely Valued
Target, Segment, and Startup Secret!
Personify “Actors”
startupsecrets.comGo to Market Strategies
Proprietary and Confidential 46
Awareness
Interest
Understanding
Engagement
Trial
Purchase
AA
Actors
Segment
Target
Undeserved and Uniquely Valued
Startup Secret!
Customer “Actors” Change Through “Stages”
Customer “Actors”
• Visionary
• Technocrat
• Operator
• Influencer
• Economic buyer
• Decision maker
STAGES
startupsecrets.comGo to Market Strategies
Proprietary and Confidential 47
Awareness
Interest
Understanding
Engagement
Trial
Purchase
AA
Actors
Segment
Target
Undeserved and Uniquely Valued
Ultimately, Discover Customer DMU:
Decision Making Units
Customer “Actors”
• Visionary
• Technocrat
• Operator
• Influencer
• Economic buyer
• Decision maker
STAGES
DMU?
startupsecrets.comGo to Market Strategies
Proprietary and Confidential 48
Startup Secret!
Qualify Early and Often
 Qualify early
• Save all the money, time and resources
that you can early in the process
• Opportunity cost for another suspect
 Qualify often—things change!
• Create lead scoring, nurturing programs
 Marketing qualifiers: tie to Targeting and
Segmentation
• Narrow criteria = easy qualification
 Sales qualifiers:
• MANACT : Money, Authority, Need,
Ability, Competition, Timescales
• DMU: Decision Making Unit
Awareness
Interest
Understanding
Engagement
Trial
Purchase
Customer “Actors”
• Visionary
• Technocrat
• Operator
• Influencer
• Economic buyer
• Decision maker
STAGES
DMU?
Focused
Target
Segment
startupsecrets.comGo to Market Strategies
Proprietary and Confidential
Agenda
Strategic
1. Brand
2. Positioning
3. Targeting, Segmentation
Tactical
1. The Marketing and Sales Cycle
2. Driving to Market
3. Results-Oriented, Measured Execution
Execution – Introduction to Key Areas
1. Inbound
2. Building Your GTM Machine
49startupsecrets.comGo to Market Strategies
Proprietary and Confidential
“Driving” Startup Marketing and Sales
50
Awareness
Interest
Understanding
Engagement
Trial
Purchase
YOU Control
Neutral
Overdrive
GEARStobuildMomentum
startupsecrets.comGo to Market Strategies
Proprietary and Confidential
“Driving” Startup Marketing and Sales
51
Awareness
Interest
Understanding
Engagement
Trial
Purchase
YOU Control
Neutral
Overdrive
GEARStobuildMomentum
Accelerator/Brake/Clutch
CUSTOMER Controls
startupsecrets.comGo to Market Strategies
Proprietary and Confidential
Your Controls:
Gears in the Sales Cycle
52
 Gears to build momentum
• Why the analogy?
 Because it’s tough to go from 1st gear to 5th gear in one
step – likewise, it’s tough to skip steps in a sales process
 Don’t stay with one gear too long when accelerating –
you’ll over-rev the engine. Same with the customer!
Instead…
• Engage a new Gear (sales or marketing tool) every time the
customer puts the clutch in.
 Measure whether it enables customer to accelerate &
build momentum for the sale
startupsecrets.comGo to Market Strategies
Proprietary and Confidential
Customer’s Controls:
ABCs of the Sales Cycle
53
Accelerator
• Accelerates the customer from one step to another:
• e.g., SLIPPERY product, things like self service, free trials, etc.
Brake
• Stops the customer moving from one step to another:
• e.g., lack of understanding of your solution, poor competitive positioning
• DON’T assume it’s price!
(ACTIVELY LISTEN to carefully dissect sales objections and recognize sales stops /
starts)
Clutch
• Is engaged when the customer doesn’t know what the next step is,
or there’s inertia and risk that causes a stalled sales cycle
startupsecrets.comGo to Market Strategies
Proprietary and Confidential
“Driving” Marketing and Sales: Proof
Connecting It to Customer Gain / Pain Ratio
54
Awareness
Interest
Understanding
Engagement
Trial
Purchase
Neutral
Overdrive
GEARS
Accelerator
startupsecrets.comGo to Market Strategies
Proprietary and Confidential
“Driving” Marketing and Sales: Proof
Connecting It to Customer Gain / Pain Ratio
55
Awareness
Interest
Understanding
Engagement
Trial
Purchase
Neutral
Overdrive
GEARS
Accelerator
Customer Gain:
• Revenue
• Cost savings
• Time
• People
• Competitive
advantage
• Reputation
• Etc.
Gain
startupsecrets.comGo to Market Strategies
Proprietary and Confidential
“Driving” Marketing and Sales: Proof
Connecting It to Customer Gain / Pain Ratio
56
Awareness
Interest
Understanding
Engagement
Trial
Purchase
Neutral
Overdrive
GEARS
Accelerator
Customer Gain:
• Revenue
• Cost savings
• Time
• People
• Competitive
advantage
• Reputation
• Etc.
Gain
Customer Pain:
• See (Find) –
Awareness
• Try –
Engagement, Trial
• Buy –
Price, Package,
License
• Fly –
Implement,
Deploy
• Own (TCO) –
Service, Support
Pain
startupsecrets.comGo to Market Strategies
Proprietary and Confidential
“Driving” Marketing and Sales: Proof
Connecting It to Customer Gain / Pain Ratio
57
Awareness
Interest
Understanding
Engagement
Trial
Purchase
Neutral
Overdrive
GEARS
Accelerator
Customer Gain:
• Revenue
• Cost savings
• Time
• People
• Competitive
advantage
• Reputation
• Etc.
Gain
Customer Pain:
• See (Find) –
Awareness
• Try –
Engagement, Trial
• Buy –
Price, Package,
License
• Fly –
Implement,
Deploy
• Own (TCO) –
Service, Support
Pain
Inertia, RISK on a startup :
• Switching costs?
• Default = do nothing
• Alternatives?
• Good enough = good enough!
startupsecrets.comGo to Market Strategies
Proprietary and Confidential
“Driving” Marketing and Sales
Relating to Business Model CORE, Levers, and Multipliers
58
Awareness
Interest
Understanding
Engagement
Trial
Purchase
CORE
Levers
Multipliers
startupsecrets.comGo to Market Strategies
Proprietary and Confidential
“Driving” Marketing and Sales
Relating to Business Model CORE, Levers, and Multipliers
59
Awareness
Interest
Understanding
Engagement
Trial
Purchase
CORE
Levers
Multipliers
Multiplier Examples
Sales & Marketing
 Tiered Pricing
 Freemium
 Channel partners
Product
 SLIPPERY
products *
 “Russian Doll”
Packaging *
 Technology stacks
 WHOLE product
ACCELERATE
In the Sales
Cycle
Neutral
Overdrive
GEARS
Lever Examples
Sales & Marketing
 Web
 Inside sales
 Inbound
 Referencing, viral
Product
 Support
 Services
 WHOLE product
Accelerator/Brake/Clutch
Reduce
BRAKES
In the Sales Cycle
startupsecrets.comGo to Market Strategies
Proprietary and Confidential
Road Test: Put It All Together
60
Reduce Brakes, let out
Clutch
• Time
• People
• Resources
Accelerate in Gear
• Automation
• NOT people dependent
• Self service for the
customer
Engage levers
• Distill to repeat & scale
• e.g., Videos, Podcasts
• Self service portals,
Knowledge bases,
Configurators
Use Multipliers
• SLIPPERY product
• Russian Doll packaging
(Around your
CORE Value Prop)
startupsecrets.comGo to Market Strategies
Proprietary and Confidential 61
Go-To Market Strategy and Planning
Mark Lorion, CMO Apperian.
Previously VP Marketing
Spotfire Analytics Division
TIBCO Software
Proprietary and Confidential
Our Go-To Market Planning
62
Corp and
Division
Objectives
Yearly
Business &
Marketing
Plan
Platform
Roadmap
“Plays”
(limited set of
cross-
functional
initiatives 
org alignment
and scale)
Playbooks
executed &
evaluated
quarterly
Segmentation
Proprietary and Confidential
Our Go-To Market Map (2010 Example)
63
Viral+AwarenessPlay($$$)
$$$
US
$ $$$0 (Sales driven)
EUAPJ
FSI Play
LS Play (clinical)Channels Play
CPG
Relative Marketing Programs Investment
TIBCO Play
LS Play
(research)
Telco
Manufacturing
Energy
Government
FSI Play
LS Play (clinical)Channels Play
TIBCO Play
LS Play
(research)Energy
Telco
Manufacturing
CPG
LS Play (clinical)
LS Play
(research)
FSI Play
Channels Play
(China)
Manufacturing
“Silver Spotfire” ($$)
The “Plays”
Proprietary and Confidential
Driving Sales and Marketing at Spotfire
64
Overview:
Objectives:
 Sell risk analytics solutions to banks, I-banks, Insurance Co., Asset managers,
Hedge funds, and corporations
 REVENUE POTENTIAL: ____
 EXPECTED INVESTMENT: ___
Audience
 VP, Group Risk Management, VP Cap. Management, Trading Management at
major banks
 Head of-- Modeling and Research/Actuarial Team/Trading
Message:
 Respond to changing competitive and regulatory landscape more quickly, effectively
and confidently
 Empower analysts and decision makers to explore and interrogate data to gain more
complete understanding
 Deploy real-time data processing and visual /statistical analytics to uncover/discern
hidden trends in data
Offering:
 Enterprise Risk Aggregation “solution”
 Credit risk modeling and performance monitoring “solution”
Primary Competition:
 SAS, @Risk, FactSet, R, MatLab, SPSS, Algorithmics
 Internal apps (Excel, Homegrown applications)
Competitive Edge:
 Open, adaptable, and scalable modeling platform
 Fast, intuitive multi-dimensional, user-driven visualizations
 Complete data spectrum capabilities – from inputs, quality, analysis, to post-
processing reporting and visualizations
 Greater range of visualization and computational capabilities
Tactical Options:
Demand Support
 Conferences: RiskMinds Geneva, GARP NYC 2/10
 Outbound: telemarketing program to reach named list of prospects, email databases and
lists for webcast series
 Inbound: Develop thought leadership content – Magazine articles, speaker slots at
events, purchase magazine space for columns/editorials; consider blogging series on Cap
Markets trends re Risk
 Web—PPC, Banner ads (GARP, MashRisk Network, others), rationalize website and
upgrade concentration of keywords
 Webcasts -- SF/S+ risk related series, 1/month, RiskCenter, Fierce Finance email blast
for each event; E&Y compliance series, 6/year, audience is across verticals; Reuters,
3/year SF use as embedded provider of visual analytics
Equip Sales:
 New “solution” demos are required with support kits – based off XYZ customer deals in
1H’09
 Flash tours (4) Develop between 12/09 and 6/10
 A dedicated presales resource needed in each major GEO!
 Bloomberg subscription (share cost with Energy Play)
Partners/Resellers/OEM:
 Leverage partnership with Reuters, CapitalIQ for go-to-market programs
 Enable resellers with sales kits and investigate co-marketing opportunity
Product Enhancements:
 Updating time series data; 3d surface plots; Standard distribution reference curves;
Custom calendar capability; Weighted average, cumulative return; Productize FinMetrics
and NuOpt; Bloomberg Data connection (1-Historic data, 2-’real time’ data)
Proprietary and Confidential
Agenda
Strategic
1. Brand
2. Positioning
3. Targeting, Segmentation
Tactical
1. The Marketing and Sales Cycle
2. Driving to Market
3. Results-Oriented, Measured Execution
Execution – Introduction to Key Areas
1. Inbound
2. Building Your GTM Machine
65startupsecrets.comGo to Market Strategies
Proprietary and Confidential
ROME:
Results Oriented, Measured Execution
66
 You can’t manage what you can’t measure
 Measure every step:
• Time
• People
• Other resources
 Conversion rates
• Accelerators
• Brakes
• Clutch
• Gears
Awareness
Interest
Understanding
Engagement
Trial
Purchase
startupsecrets.comGo to Market Strategies
Proprietary and Confidential
Drill Down: Marketing and Sales
67
lead
lead lead
lead lead
Awareness
Interest
Understanding
Engagement
Trial
Purchase
$,Time, Resources
Conversion rate %
Break down
measurable,
manageable steps
ULTIMATELY:
$, Time, Resources
Conversion rate %
Customer
startupsecrets.comGo to Market Strategies
Proprietary and Confidential 68
lead
lead lead
lead lead
Awareness
Interest
Understanding
Engagement
Trial
Purchase
Customers
Marketing and Sales: FLOW
Seamlessly linked steps,
that incent customers to
flow from one step to
another
startupsecrets.comGo to Market Strategies
Proprietary and Confidential 69
Startup Secret!
Reverse Engineer
Awareness
Interest
Understanding
Engagement
Trial
Purchase
$,Time, Resources
Conversion rate %
REVERSE
ENGINEER THE
FUNNEL
ULTIMATELY:
$, Time, Resources
Conversion rate %
startupsecrets.comGo to Market Strategies
Proprietary and Confidential 70
Startup Secret!
Closed Loop via Web
Awareness
Interest
Understanding
Engagement
Trial
Purchase
ULTIMATELY:
$, Time, Resources
Conversion rate %
Closed
Loop via
Web
$,Time, Resources
Conversion rate %
startupsecrets.comGo to Market Strategies
Proprietary and Confidential
The Web Changes (Nearly) Everything
71
Positives:
• Measure everything
• Closed loop
• Lower cost
Negatives:
• One click away
 Competitors
 Distractions
Closed
Loop via
WebVirtual Sales, Marketing,
Services
 Webinars
 Video
 Podcasts
Don’t forget the human factors
 Personal touch
 Relationships – better real than
virtual!
 Experiential learning is invaluable
startupsecrets.comGo to Market Strategies
Proprietary and Confidential
Agenda
Strategic
1. Brand
2. Positioning
3. Targeting, Segmentation
Tactical
1. The Marketing and Sales Cycle
2. Driving to Market
3. Results-Oriented, Measured Execution
Execution – Introduction to Key Areas
1. Inbound
2. Building Your GTM Machine
72startupsecrets.comGo to Market Strategies
Proprietary and Confidential
Brian Halligan
CEO, HubSpot
@Bhalligan
Proprietary and Confidential 74
Proprietary and Confidential 75
Proprietary and Confidential 76
Proprietary and Confidential 77
Proprietary and Confidential 78
Proprietary and Confidential 79
Proprietary and Confidential 80
Proprietary and Confidential 81
CREATE
CONTENT
• Blog Posts
• Info graphics
• Videos
• E-books
• White papers
• Reports
• Calculators
• Freemium Appl
• Grader
Proprietary and Confidential
OPTIMIZE
82
Proprietary and Confidential 83
PROMOTE
Proprietary and Confidential 84
Proprietary and Confidential 85
LINKS ARE TO
THE INTERNET
AS DOLLARS
ARE TO THE
ECONOMY
@BHalligan
Proprietary and Confidential 86
Proprietary and Confidential 87
Proprietary and Confidential 88
Proprietary and Confidential 89
Proprietary and Confidential 90
Better
Conversion
Better
Personalization
Better Value
More Usage
Proprietary and Confidential 91
Proprietary and Confidential 92
Proprietary and Confidential 93
Proprietary and Confidential 94
Proprietary and Confidential
Inbound vs. Outbound?
95
$1M
$500k
$100k
$50k
$10k
$0
IN-bound
OUT-bound
?Hybrid
DealSize
startupsecrets.comGo to Market Strategies
Proprietary and Confidential
When Some Outbound Marketing Makes Sense for the Startup
96
Mark Lorion @mark_lorion
Apperian, CMO
startupsecrets.comGo to Market Strategies
Proprietary and Confidential
Agenda
Strategic
1. Brand
2. Positioning
3. Targeting, Segmentation
Tactical
1. The Marketing and Sales Cycle
2. Driving to Market
3. Results-Oriented, Measured Execution
Execution – Introduction to Key Areas
1. Inbound
2. Building Your GTM Machine
97startupsecrets.comGo to Market Strategies
Proprietary and Confidential
Building a Sales and Marketing Machine:
Funnel Design and Optimization
98
Time to
Recover
CAC
Conversion
Rate
CAC
Viral
Coefficient
Churn
Rate Viral
Cycle
Time
ROI by
Lead
Source
LTV
Proprietary and Confidential
The Basics of Funnel Design
99
1st
Proprietary and Confidential 100
Expand
Upsell
Cross sell
Suspects Closed Deals
Proprietary and Confidential
In a Perfect World…
101
1 Step
Proprietary and Confidential
In a Perfect World…
102
MyProduct.com
HOW IT WORKS
DESCRIPTION
Our product
allows you …
BUY NOW!
Only $9,999.99
Proprietary and Confidential
The Art of Marketing
103
Proprietary and Confidential 104
BUYER
THE
Proprietary and Confidential
The Buying Cycle
105
CONSIDERATION
CLOSED
DEAL
AWARENESS
PURCHASE
Proprietary and Confidential
Triggers
 Moving homes
• Movers, phones, cable TV, furniture, insurance, etc.
 Starting a new software project
• PaaS (Platform as a Service), developer tools, etc.
 Needing to hire lots of new employees
• Applicant tracking system
 Losing data in a hardware crash
• Backup software or service
 Reading about a scary new computer virus
• Anti-virus software
106
Proprietary and Confidential
An Organizational Metaphor for the Key Funnel Stages
107
MIDDLE OF THE FUNNEL
CLOSED
DEAL
TOP OF THE FUNNEL
SALES
Proprietary and Confidential
What Is the Top of the Funnel?
108
Customer is not aware
they have a problem, or
that your product
category exists
GENERATE
AWARENESS
Customer has a
problem and is
looking for a solution
GET FOUND
Proprietary and Confidential
What Is the Middle of the Funnel?
109
QUALIFY MQL
(MARKETING QUALIFIED
LEAD)
NURTURE
Proprietary and Confidential
What Is the Middle of the Funnel?
110
QUALIFY MQL
(MARKETING QUALIFIED
LEAD)
NURTURE
• Blog
• E-Mail Campaigns
• Webinars
• Free Trials
• Newsletters
• etc.
Wait for a Trigger
Or try to create a Trigger
Proprietary and Confidential
Consideration
Address their Questions and Concerns:
• Will this work for my situation?
• Is this the best product on the market?
• Is it a safe choice?
• Who else is using it?
• Will I get a return on my investment?
• Is it scalable? Secure?
• Is it easy to implement?
• Will I receive support?
• Etc.
111
BUYER
THE
Proprietary and Confidential
Measurement
112
”If you cannot measure it, you cannot improve it."
- Lord Kelvin
2nd
Proprietary and Confidential
What to Measure for Each Step / Action
113
NO. OF ACTIONS % CONVERSION RATE
TIME TIME
Proprietary and Confidential
The Key Metrics
114
VISITORS
CAMPAIGNS
TO DRIVE
TRAFFIC
TRIALS
CLOSED DEALS
CONVERSION
%
CONVERSION
%
OVERALL
CONVERSION %
Proprietary and Confidential
Even if you are Microsoft, Cisco, Oracle, or Google, your funnel will have…
Blockage Points
115
Suspects Suspects
Suspects
Suspects
Suspects
Suspects
Suspects Suspects
Suspects
Suspects
Suspects
Suspects
Proprietary and Confidential
Improve
116
3rd
Proprietary and Confidential
In diagnosing many funnel blockage points, there is a…
Clear Pattern
117
Proprietary and Confidential
You are hoping your
Customers will do something
That they are
Not motivated to do
118
Proprietary and Confidential
In other words,
You designed your funnel the way you hoped it would
work
But you may not have thought enough about
The customers’ point of view
119
Proprietary and Confidential
For example, JBoss
Put a registration form on their website before a free
download
And Impact
Cut the download rate by more than 10x
120
Proprietary and Confidential
Get Inside Your Customer’s Head
121
FRICTION CONCERNS
Proprietary and Confidential
Understand What Motivates Them
122
MOTIVATIONS
FRICTION CONCERNS
Proprietary and Confidential
JBoss Example:
They were making $27,000 per month selling documentation.
Solution?
Give away documentation to get their e-mail address.
123
Proprietary and Confidential
Example: Driving Traffic to Your Website
124
GETTING FOUND
Customers are not going to find
your site unless it is:
- On the top page of Google
search results
- Recommended by a trusted
source
- Referred to in social media or
the blogosphere
Friction and
Concerns
Proprietary and Confidential 125
Proprietary and Confidential 126
Proprietary and Confidential
Lessons from Website Grader
 Free tools drive viral spread
 Low customer work required
 High value delivered
 Score leverages competitive urge, and acts as a trigger
 Builds trust through clear
demonstration of expertise
127
Proprietary and Confidential
using engineering for marketing
128
Proprietary and Confidential 129
Build
Trust
Sell
SellFirst Contact
First Contact
Build
Relationship
Proprietary and Confidential
It Is Often Necessary to Find Topics That Are Not Related to the Sale
130
Build
Trust
Sell
First Contact
Build
Relationship
Proprietary and Confidential
Selling is 10x easier
Once you have established TRUST
131
Proprietary and Confidential
The Keys to Success
132
BUYER
THE
GET INSIDE
YOUR BUYER’S
MIND
Proprietary and Confidential
Agenda
Strategic
1. Brand
2. Positioning
3. Targeting, Segmentation
Tactical
1. The Marketing and Sales Cycle
2. Driving to Market
3. Results-Oriented, Measured Execution
Execution – Introduction to Key Areas
1. Inbound
2. Building Your GTM Machine
133startupsecrets.comGo to Market Strategies
Proprietary and Confidential
Recap
Marketing & Sales Cycle
Awareness
Interest
Understanding
Engagement
Trial
Purchase
Strategies Tactics Channel Audience
Brand
Positioning
Messaging
Social
Media
PR
Services
References
Direct vs.
Channel
Channel
Development,
Management,
Etc.
Strategic
Partners
Targeting,
Segmentation
Personas
Actors/Scenes
• Results Oriented, Metrics, Execution Driven
• Continuous Iteration & Improvement
OUTbound/INboound
134startupsecrets.comGo to Market Strategies
Proprietary and Confidential
Case Examples Not Covered on:
www.startupsecrets.com
135
 Brand elements
 Channel / Distribution
 Services, Professional Services
 Guerilla Marketing – when you’ve got no $!
 To come
• Connection with business model
• Whole product
• Strategic partnering
startupsecrets.comGo to Market Strategies
Proprietary and Confidential
Key Points to Remember:
136
 Manage your brand from the start
 Position to be unique
 Target & segment around customer needs
 Think about “driving” your marketing & sales
cycle
 GTM is both strategic and tactical
 But it is ultimately about ROME
startupsecrets.comGo to Market Strategies
Proprietary and Confidential
Remember, ROME Wasn’t Built In a Day!
13
Nor will your GTM strategy and tactics be
– R esults
– O riented
– M easured
– E xecution
– D riven through iteration
Listen
Learn
Lead
Iterate
Pivot
GTM
Business
Model
• Results Oriented, Metrics, Execution Driven
• Continuous Iteration & Improvement
startupsecrets.comGo to Market Strategies
Proprietary and Confidential
Building an Enduring Company:
GTM Is a Key Part of Execution
138
Vision
Value
Proposition
People
Execution
Cultural Consistency Enduring
Compan
y
Startup
Listen
Learn
Lead
Iterate
Pivot
startupsecrets.comGo to Market Strategies
Proprietary and Confidential
Thank You!
139
 Apperian
• Mark Lorion
 Demandware
• Jamus Driscoll
 Hubspot
• Brian Halligan
 Matrix partners
• David Skok
• Harvard I Lab #innovationlab
• Michael Skok @mjskok
• Startup Secrets #startupsecrets
www.startupsecrets.com
startupsecrets.comGo to Market Strategies
Proprietary and Confidential
info@startupsecrets.com
Proprietary and Confidential
Go to Market Strategies
startupsecrets.com

More Related Content

What's hot

Startup Secrets - Vision, Mission, Culture
Startup Secrets - Vision, Mission, CultureStartup Secrets - Vision, Mission, Culture
Startup Secrets - Vision, Mission, CultureMichael Skok
 
Building a Compelling Value Proposition - Competitive Advantage for Startups
Building a Compelling Value Proposition - Competitive Advantage for StartupsBuilding a Compelling Value Proposition - Competitive Advantage for Startups
Building a Compelling Value Proposition - Competitive Advantage for StartupsMichael Skok
 
Startup Secrets Case Study: Actuality Systems
Startup Secrets Case Study: Actuality SystemsStartup Secrets Case Study: Actuality Systems
Startup Secrets Case Study: Actuality SystemsMichael Skok
 
Startup Roadmap Workshop
Startup Roadmap WorkshopStartup Roadmap Workshop
Startup Roadmap WorkshopMichael Skok
 
Startup Secrets - Getting Behind the Perfect Investor Pitch
Startup Secrets - Getting Behind the Perfect Investor PitchStartup Secrets - Getting Behind the Perfect Investor Pitch
Startup Secrets - Getting Behind the Perfect Investor PitchMichael Skok
 
Turning Products into Companies
Turning Products into CompaniesTurning Products into Companies
Turning Products into CompaniesMichael Skok
 
Turning Products into Companies - Case - SolidWorks
Turning Products into Companies - Case - SolidWorksTurning Products into Companies - Case - SolidWorks
Turning Products into Companies - Case - SolidWorksMichael Skok
 
Company Formation - Foundations for an Enduring Company - Competitive Advanta...
Company Formation - Foundations for an Enduring Company - Competitive Advanta...Company Formation - Foundations for an Enduring Company - Competitive Advanta...
Company Formation - Foundations for an Enduring Company - Competitive Advanta...Michael Skok
 
Customer Success: The Power of One
Customer Success: The Power of OneCustomer Success: The Power of One
Customer Success: The Power of OneMichael Skok
 
Getting behind the Perfect Pitch - Harvard Innovation Lab Workshop
Getting behind the Perfect Pitch - Harvard Innovation Lab WorkshopGetting behind the Perfect Pitch - Harvard Innovation Lab Workshop
Getting behind the Perfect Pitch - Harvard Innovation Lab WorkshopMichael Skok
 
Startup Secrets: Wrap Up & Geoffrey Moore - An Insider’s Guide
Startup Secrets: Wrap Up & Geoffrey Moore - An Insider’s GuideStartup Secrets: Wrap Up & Geoffrey Moore - An Insider’s Guide
Startup Secrets: Wrap Up & Geoffrey Moore - An Insider’s GuideMichael Skok
 
Developing Your Go to Market Strategy - For Startup Founders & Entrepreneurs
Developing Your Go to Market Strategy - For Startup Founders & EntrepreneursDeveloping Your Go to Market Strategy - For Startup Founders & Entrepreneurs
Developing Your Go to Market Strategy - For Startup Founders & EntrepreneursAdam Moalla
 
Startup Secrets - Building a Compelling Value Proposition
Startup Secrets - Building a Compelling Value PropositionStartup Secrets - Building a Compelling Value Proposition
Startup Secrets - Building a Compelling Value PropositionMichael Skok
 
What's Your Roadmap to Success?
What's Your Roadmap to Success?What's Your Roadmap to Success?
What's Your Roadmap to Success?Startup Secrets
 
Value Proposition – Case – Diagnostics for All
Value Proposition – Case – Diagnostics for AllValue Proposition – Case – Diagnostics for All
Value Proposition – Case – Diagnostics for AllMichael Skok
 
Business Model Innovation - Key Note Speech
Business Model Innovation - Key Note Speech Business Model Innovation - Key Note Speech
Business Model Innovation - Key Note Speech Emad Saif
 
Startup Workshop #1: Product/Market Fit
Startup Workshop #1: Product/Market FitStartup Workshop #1: Product/Market Fit
Startup Workshop #1: Product/Market FitMilan Vukas
 
Culture, Vision / Mission
Culture, Vision / MissionCulture, Vision / Mission
Culture, Vision / MissionMichael Skok
 
Mastering Mutual Mentorship
Mastering Mutual MentorshipMastering Mutual Mentorship
Mastering Mutual MentorshipMichael Skok
 

What's hot (20)

Startup Secrets - Vision, Mission, Culture
Startup Secrets - Vision, Mission, CultureStartup Secrets - Vision, Mission, Culture
Startup Secrets - Vision, Mission, Culture
 
Building a Compelling Value Proposition - Competitive Advantage for Startups
Building a Compelling Value Proposition - Competitive Advantage for StartupsBuilding a Compelling Value Proposition - Competitive Advantage for Startups
Building a Compelling Value Proposition - Competitive Advantage for Startups
 
Startup Secrets Case Study: Actuality Systems
Startup Secrets Case Study: Actuality SystemsStartup Secrets Case Study: Actuality Systems
Startup Secrets Case Study: Actuality Systems
 
Startup Roadmap Workshop
Startup Roadmap WorkshopStartup Roadmap Workshop
Startup Roadmap Workshop
 
Startup Secrets - Getting Behind the Perfect Investor Pitch
Startup Secrets - Getting Behind the Perfect Investor PitchStartup Secrets - Getting Behind the Perfect Investor Pitch
Startup Secrets - Getting Behind the Perfect Investor Pitch
 
Turning Products into Companies
Turning Products into CompaniesTurning Products into Companies
Turning Products into Companies
 
Turning Products into Companies - Case - SolidWorks
Turning Products into Companies - Case - SolidWorksTurning Products into Companies - Case - SolidWorks
Turning Products into Companies - Case - SolidWorks
 
Go-to-Market Strategies
Go-to-Market StrategiesGo-to-Market Strategies
Go-to-Market Strategies
 
Company Formation - Foundations for an Enduring Company - Competitive Advanta...
Company Formation - Foundations for an Enduring Company - Competitive Advanta...Company Formation - Foundations for an Enduring Company - Competitive Advanta...
Company Formation - Foundations for an Enduring Company - Competitive Advanta...
 
Customer Success: The Power of One
Customer Success: The Power of OneCustomer Success: The Power of One
Customer Success: The Power of One
 
Getting behind the Perfect Pitch - Harvard Innovation Lab Workshop
Getting behind the Perfect Pitch - Harvard Innovation Lab WorkshopGetting behind the Perfect Pitch - Harvard Innovation Lab Workshop
Getting behind the Perfect Pitch - Harvard Innovation Lab Workshop
 
Startup Secrets: Wrap Up & Geoffrey Moore - An Insider’s Guide
Startup Secrets: Wrap Up & Geoffrey Moore - An Insider’s GuideStartup Secrets: Wrap Up & Geoffrey Moore - An Insider’s Guide
Startup Secrets: Wrap Up & Geoffrey Moore - An Insider’s Guide
 
Developing Your Go to Market Strategy - For Startup Founders & Entrepreneurs
Developing Your Go to Market Strategy - For Startup Founders & EntrepreneursDeveloping Your Go to Market Strategy - For Startup Founders & Entrepreneurs
Developing Your Go to Market Strategy - For Startup Founders & Entrepreneurs
 
Startup Secrets - Building a Compelling Value Proposition
Startup Secrets - Building a Compelling Value PropositionStartup Secrets - Building a Compelling Value Proposition
Startup Secrets - Building a Compelling Value Proposition
 
What's Your Roadmap to Success?
What's Your Roadmap to Success?What's Your Roadmap to Success?
What's Your Roadmap to Success?
 
Value Proposition – Case – Diagnostics for All
Value Proposition – Case – Diagnostics for AllValue Proposition – Case – Diagnostics for All
Value Proposition – Case – Diagnostics for All
 
Business Model Innovation - Key Note Speech
Business Model Innovation - Key Note Speech Business Model Innovation - Key Note Speech
Business Model Innovation - Key Note Speech
 
Startup Workshop #1: Product/Market Fit
Startup Workshop #1: Product/Market FitStartup Workshop #1: Product/Market Fit
Startup Workshop #1: Product/Market Fit
 
Culture, Vision / Mission
Culture, Vision / MissionCulture, Vision / Mission
Culture, Vision / Mission
 
Mastering Mutual Mentorship
Mastering Mutual MentorshipMastering Mutual Mentorship
Mastering Mutual Mentorship
 

Similar to Go to Market Strategies

Startup Pitch Bootcamp: Learn How to Pitch for Funding
Startup Pitch Bootcamp: Learn How to Pitch for FundingStartup Pitch Bootcamp: Learn How to Pitch for Funding
Startup Pitch Bootcamp: Learn How to Pitch for FundingSergey Sundukovskiy
 
Distinction Drink Digital: AdWords - Turning Ad Spend to Profit
Distinction Drink Digital: AdWords - Turning Ad Spend to ProfitDistinction Drink Digital: AdWords - Turning Ad Spend to Profit
Distinction Drink Digital: AdWords - Turning Ad Spend to ProfitDistinction
 
Best Practices for Marketing IoT and RFID Technology
Best Practices for Marketing IoT and RFID Technology Best Practices for Marketing IoT and RFID Technology
Best Practices for Marketing IoT and RFID Technology Kelly Stark
 
IPIX Solutions Profile
IPIX Solutions Profile IPIX Solutions Profile
IPIX Solutions Profile mrdawn
 
Sales and Marketing for Startups
Sales and Marketing for StartupsSales and Marketing for Startups
Sales and Marketing for StartupsKyle Redinger
 
151 Advisors - IoT Overview
151 Advisors - IoT Overview151 Advisors - IoT Overview
151 Advisors - IoT OverviewSteve Brumer
 
Ps capabilities 03 09 print
Ps capabilities 03 09 printPs capabilities 03 09 print
Ps capabilities 03 09 printGlenn Helton
 
Customer acquisitionv.4 godrej
Customer acquisitionv.4   godrejCustomer acquisitionv.4   godrej
Customer acquisitionv.4 godrejChetan Patel
 
1500 1530 Alana Griffths and Alex Gill Harte Hanks
1500 1530 Alana Griffths and Alex Gill Harte Hanks1500 1530 Alana Griffths and Alex Gill Harte Hanks
1500 1530 Alana Griffths and Alex Gill Harte HanksB2B Marketing
 
Redefining the Marketing Technology Backbone
Redefining the Marketing Technology BackboneRedefining the Marketing Technology Backbone
Redefining the Marketing Technology BackboneClickSquared
 
Social Beat - ROI Driven Digital Marketing
Social Beat - ROI Driven Digital MarketingSocial Beat - ROI Driven Digital Marketing
Social Beat - ROI Driven Digital MarketingSocial Beat
 
[Webinar] How To Be A Data-Driven Marketing Powerhouse With Predictive Analyt...
[Webinar] How To Be A Data-Driven Marketing Powerhouse With Predictive Analyt...[Webinar] How To Be A Data-Driven Marketing Powerhouse With Predictive Analyt...
[Webinar] How To Be A Data-Driven Marketing Powerhouse With Predictive Analyt...Mintigo1
 
Gaining True Media Advantage Presentation Slides - Wednesday, 4 November 2015
Gaining True Media Advantage Presentation Slides - Wednesday, 4 November 2015Gaining True Media Advantage Presentation Slides - Wednesday, 4 November 2015
Gaining True Media Advantage Presentation Slides - Wednesday, 4 November 2015makepositivemarketing
 
india's no 1 Digital Marketing Company.pdf
india's no 1 Digital Marketing Company.pdfindia's no 1 Digital Marketing Company.pdf
india's no 1 Digital Marketing Company.pdfpaperboattechsolutio
 
india's no 1 Digital Marketing Company.pptx
india's no 1 Digital Marketing Company.pptxindia's no 1 Digital Marketing Company.pptx
india's no 1 Digital Marketing Company.pptxpaperboattechsolutio
 
Understanding strategy in innovation and technology oriented business 3M
Understanding strategy in innovation and technology oriented business 3MUnderstanding strategy in innovation and technology oriented business 3M
Understanding strategy in innovation and technology oriented business 3MGundu Durgarao
 
MRSC difference
MRSC differenceMRSC difference
MRSC differenceJo Fone
 

Similar to Go to Market Strategies (20)

Startup Pitch Bootcamp: Learn How to Pitch for Funding
Startup Pitch Bootcamp: Learn How to Pitch for FundingStartup Pitch Bootcamp: Learn How to Pitch for Funding
Startup Pitch Bootcamp: Learn How to Pitch for Funding
 
Marketing Science for the VUCA world
Marketing Science  for the VUCA worldMarketing Science  for the VUCA world
Marketing Science for the VUCA world
 
Distinction Drink Digital: AdWords - Turning Ad Spend to Profit
Distinction Drink Digital: AdWords - Turning Ad Spend to ProfitDistinction Drink Digital: AdWords - Turning Ad Spend to Profit
Distinction Drink Digital: AdWords - Turning Ad Spend to Profit
 
Best Practices for Marketing IoT and RFID Technology
Best Practices for Marketing IoT and RFID Technology Best Practices for Marketing IoT and RFID Technology
Best Practices for Marketing IoT and RFID Technology
 
IPIX Solutions Profile
IPIX Solutions Profile IPIX Solutions Profile
IPIX Solutions Profile
 
Sales and Marketing for Startups
Sales and Marketing for StartupsSales and Marketing for Startups
Sales and Marketing for Startups
 
151 Advisors - IoT Overview
151 Advisors - IoT Overview151 Advisors - IoT Overview
151 Advisors - IoT Overview
 
Ps capabilities 03 09 print
Ps capabilities 03 09 printPs capabilities 03 09 print
Ps capabilities 03 09 print
 
Customer acquisitionv.4 godrej
Customer acquisitionv.4   godrejCustomer acquisitionv.4   godrej
Customer acquisitionv.4 godrej
 
Landisol Consulting Private Limitedcompany profile
Landisol Consulting Private Limitedcompany profileLandisol Consulting Private Limitedcompany profile
Landisol Consulting Private Limitedcompany profile
 
1500 1530 Alana Griffths and Alex Gill Harte Hanks
1500 1530 Alana Griffths and Alex Gill Harte Hanks1500 1530 Alana Griffths and Alex Gill Harte Hanks
1500 1530 Alana Griffths and Alex Gill Harte Hanks
 
Redefining the Marketing Technology Backbone
Redefining the Marketing Technology BackboneRedefining the Marketing Technology Backbone
Redefining the Marketing Technology Backbone
 
Social Beat - ROI Driven Digital Marketing
Social Beat - ROI Driven Digital MarketingSocial Beat - ROI Driven Digital Marketing
Social Beat - ROI Driven Digital Marketing
 
[Webinar] How To Be A Data-Driven Marketing Powerhouse With Predictive Analyt...
[Webinar] How To Be A Data-Driven Marketing Powerhouse With Predictive Analyt...[Webinar] How To Be A Data-Driven Marketing Powerhouse With Predictive Analyt...
[Webinar] How To Be A Data-Driven Marketing Powerhouse With Predictive Analyt...
 
Gaining True Media Advantage Presentation Slides - Wednesday, 4 November 2015
Gaining True Media Advantage Presentation Slides - Wednesday, 4 November 2015Gaining True Media Advantage Presentation Slides - Wednesday, 4 November 2015
Gaining True Media Advantage Presentation Slides - Wednesday, 4 November 2015
 
india's no 1 Digital Marketing Company.pdf
india's no 1 Digital Marketing Company.pdfindia's no 1 Digital Marketing Company.pdf
india's no 1 Digital Marketing Company.pdf
 
india's no 1 Digital Marketing Company.pptx
india's no 1 Digital Marketing Company.pptxindia's no 1 Digital Marketing Company.pptx
india's no 1 Digital Marketing Company.pptx
 
Understanding strategy in innovation and technology oriented business 3M
Understanding strategy in innovation and technology oriented business 3MUnderstanding strategy in innovation and technology oriented business 3M
Understanding strategy in innovation and technology oriented business 3M
 
MRSC difference
MRSC differenceMRSC difference
MRSC difference
 
Oracle Marketing Cloud - Modern Thinking MSMK 8/9/16
Oracle Marketing Cloud - Modern Thinking MSMK 8/9/16Oracle Marketing Cloud - Modern Thinking MSMK 8/9/16
Oracle Marketing Cloud - Modern Thinking MSMK 8/9/16
 

More from Startup Secrets

Turning Products Into Companies - U First 7/18/19
Turning Products Into Companies - U First 7/18/19Turning Products Into Companies - U First 7/18/19
Turning Products Into Companies - U First 7/18/19Startup Secrets
 
Getting Behind the Perfect Pitch - U First 2019
Getting Behind the Perfect Pitch - U First 2019Getting Behind the Perfect Pitch - U First 2019
Getting Behind the Perfect Pitch - U First 2019Startup Secrets
 
Turning Products Into Companies
Turning Products Into CompaniesTurning Products Into Companies
Turning Products Into CompaniesStartup Secrets
 
Building a Compelling Value Proposition
Building a Compelling Value PropositionBuilding a Compelling Value Proposition
Building a Compelling Value PropositionStartup Secrets
 
Mastering Mutual Mentorship
Mastering Mutual MentorshipMastering Mutual Mentorship
Mastering Mutual MentorshipStartup Secrets
 
Have You Got What it Takes?
Have You Got What it Takes?Have You Got What it Takes?
Have You Got What it Takes?Startup Secrets
 
Game-Changing Business Models
Game-Changing Business ModelsGame-Changing Business Models
Game-Changing Business ModelsStartup Secrets
 
Funding Strategies to Go the Distance
Funding Strategies to Go the DistanceFunding Strategies to Go the Distance
Funding Strategies to Go the DistanceStartup Secrets
 
U First - Building a Compelling Value Proposition
U First - Building a Compelling Value PropositionU First - Building a Compelling Value Proposition
U First - Building a Compelling Value PropositionStartup Secrets
 
Getting Behind the Perfect Investor Pitch
Getting Behind the Perfect Investor PitchGetting Behind the Perfect Investor Pitch
Getting Behind the Perfect Investor PitchStartup Secrets
 
Culture, Vision and Mission
Culture, Vision and MissionCulture, Vision and Mission
Culture, Vision and MissionStartup Secrets
 
Building a Compelling Value Proposition
Building a Compelling Value PropositionBuilding a Compelling Value Proposition
Building a Compelling Value PropositionStartup Secrets
 
Turning Products into Companies
Turning Products into CompaniesTurning Products into Companies
Turning Products into CompaniesStartup Secrets
 
Have You Got What It Takes?
Have You Got What It Takes?Have You Got What It Takes?
Have You Got What It Takes?Startup Secrets
 
Getting Behind the Perfect Investor Pitch
Getting Behind the Perfect Investor PitchGetting Behind the Perfect Investor Pitch
Getting Behind the Perfect Investor PitchStartup Secrets
 
Funding Strategies to Go the Distance
Funding Strategies to Go the DistanceFunding Strategies to Go the Distance
Funding Strategies to Go the DistanceStartup Secrets
 

More from Startup Secrets (20)

Turning Products Into Companies - U First 7/18/19
Turning Products Into Companies - U First 7/18/19Turning Products Into Companies - U First 7/18/19
Turning Products Into Companies - U First 7/18/19
 
Getting Behind the Perfect Pitch - U First 2019
Getting Behind the Perfect Pitch - U First 2019Getting Behind the Perfect Pitch - U First 2019
Getting Behind the Perfect Pitch - U First 2019
 
Turning Products Into Companies
Turning Products Into CompaniesTurning Products Into Companies
Turning Products Into Companies
 
Building a Compelling Value Proposition
Building a Compelling Value PropositionBuilding a Compelling Value Proposition
Building a Compelling Value Proposition
 
Mastering Mutual Mentorship
Mastering Mutual MentorshipMastering Mutual Mentorship
Mastering Mutual Mentorship
 
Hiring A+ Talent
Hiring A+ TalentHiring A+ Talent
Hiring A+ Talent
 
Have You Got What it Takes?
Have You Got What it Takes?Have You Got What it Takes?
Have You Got What it Takes?
 
Game-Changing Business Models
Game-Changing Business ModelsGame-Changing Business Models
Game-Changing Business Models
 
Funding Strategies to Go the Distance
Funding Strategies to Go the DistanceFunding Strategies to Go the Distance
Funding Strategies to Go the Distance
 
U First - Building a Compelling Value Proposition
U First - Building a Compelling Value PropositionU First - Building a Compelling Value Proposition
U First - Building a Compelling Value Proposition
 
Getting Behind the Perfect Investor Pitch
Getting Behind the Perfect Investor PitchGetting Behind the Perfect Investor Pitch
Getting Behind the Perfect Investor Pitch
 
Culture, Vision and Mission
Culture, Vision and MissionCulture, Vision and Mission
Culture, Vision and Mission
 
Building a Compelling Value Proposition
Building a Compelling Value PropositionBuilding a Compelling Value Proposition
Building a Compelling Value Proposition
 
Turning Products into Companies
Turning Products into CompaniesTurning Products into Companies
Turning Products into Companies
 
Roadmap to Success
Roadmap to Success Roadmap to Success
Roadmap to Success
 
Mastering Mentoring
Mastering MentoringMastering Mentoring
Mastering Mentoring
 
Hiring A+ Talent
Hiring A+ TalentHiring A+ Talent
Hiring A+ Talent
 
Have You Got What It Takes?
Have You Got What It Takes?Have You Got What It Takes?
Have You Got What It Takes?
 
Getting Behind the Perfect Investor Pitch
Getting Behind the Perfect Investor PitchGetting Behind the Perfect Investor Pitch
Getting Behind the Perfect Investor Pitch
 
Funding Strategies to Go the Distance
Funding Strategies to Go the DistanceFunding Strategies to Go the Distance
Funding Strategies to Go the Distance
 

Recently uploaded

Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Kirill Klimov
 
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort ServiceCall US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Servicecallgirls2057
 
MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?Olivia Kresic
 
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckHajeJanKamps
 
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...lizamodels9
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Seta Wicaksana
 
Islamabad Escorts | Call 03070433345 | Escort Service in Islamabad
Islamabad Escorts | Call 03070433345 | Escort Service in IslamabadIslamabad Escorts | Call 03070433345 | Escort Service in Islamabad
Islamabad Escorts | Call 03070433345 | Escort Service in IslamabadAyesha Khan
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessSeta Wicaksana
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCRashishs7044
 
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptxContemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptxMarkAnthonyAurellano
 
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,noida100girls
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...lizamodels9
 
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City GurgaonCall Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaoncallgirls2057
 
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,noida100girls
 
Innovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfInnovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfrichard876048
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesKeppelCorporation
 
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCRashishs7044
 
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu MenzaYouth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menzaictsugar
 
2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis UsageNeil Kimberley
 
Marketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent ChirchirMarketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent Chirchirictsugar
 

Recently uploaded (20)

Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024
 
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort ServiceCall US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
 
MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?
 
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
 
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...
 
Islamabad Escorts | Call 03070433345 | Escort Service in Islamabad
Islamabad Escorts | Call 03070433345 | Escort Service in IslamabadIslamabad Escorts | Call 03070433345 | Escort Service in Islamabad
Islamabad Escorts | Call 03070433345 | Escort Service in Islamabad
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful Business
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
 
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptxContemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
 
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
 
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City GurgaonCall Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
 
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
 
Innovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfInnovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdf
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation Slides
 
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
 
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu MenzaYouth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
 
2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage
 
Marketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent ChirchirMarketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent Chirchir
 

Go to Market Strategies

  • 1. Proprietary and Confidential Go to Market Strategies startupsecrets.com
  • 2. Proprietary and Confidential Workshops Full descriptions of each at startupsecrets.com 1. What’s Your Roadmap to Success? 2. Building a Compelling Value Proposition 3. Turning Products into Companies 4. Culture, Mission and Vision 5. Hiring A+ Talent 6. Game-Changing Business Models 7. Go to Market Strategies 8. Getting Behind the Perfect Investor Pitch 9. Funding Strategies to go the Distance 10. Have You Got What It Takes? 11. Mastering Mutual Mentorship
  • 3. Proprietary and Confidential Introductions and Connections  Our guests: • Apperian  Mark Lorion @mark_lorion • Demandware  Jamus Driscoll @jamusdriscoll • Hubspot  Brian Halligan @bhalligan • Matrix partners  David Skok @bostonvc  Your hosts: • Harvard I Lab #innovationlab • Michael Skok @mjskok • Startup Secrets #startupsecrets www.startupsecrets.com 3startupsecrets.comGo to Market Strategies
  • 4. Proprietary and Confidential A Startup GTM Framework Marketing & Sales Cycle Awareness Interest Understanding Engagement Trial Purchase Strategies Tactics Channel Audience Brand Positioning Messaging Social Media PR Services References Direct vs. Channel Channel Development, Management, Etc. Strategic Partners Targeting, Segmentation Personas Actors/Scenes • Results Oriented, Metrics, Execution Driven • Continuous Iteration & Improvement OUTbound/INboound 4startupsecrets.comGo to Market Strategies
  • 5. Proprietary and Confidential Agenda Strategic 1. Brand 2. Positioning 3. Targeting, Segmentation Tactical 1. The Marketing and Sales Cycle 2. Driving to Market 3. Results-Oriented, Measured Execution Execution – Introduction to Key Areas 1. Inbound 2. Building Your GTM Machine 5startupsecrets.comGo to Market Strategies
  • 7. Proprietary and Confidential Brand  A science unto itself – Don’t underestimate its power! • Are you Apple or Dell? Coke or Pepsi?  But for starters, branding in startups: • It’s about YOU, the founders! • Your People • Your Culture (see the lecture on Culture, Vision, and Mission) • How You Execute:  How you interact with your ecosystem of customers, partners, suppliers, and stakeholders 7startupsecrets.comGo to Market Strategies
  • 8. Proprietary and Confidential Brand Essence Framework Vision How is the world changing in a way that makes your idea necessary? Promise What do you promise customers at the most fundamental level? Attributes Spike Special Standard cost of entry different & better unique What makes us distinctly valuable to our customers? How do we achieve over and over? Engagement What does it feel like to engage with us? Personality If we were a person what would we be like? Style How would we present ourselves to the world? Emotion 8startupsecrets.comGo to Market Strategies
  • 9. Proprietary and Confidential BRANDING DEMANDWARE Jamus Driscoll, SVP Marketing jdriscoll@demandware.com December 3, 2012 Copyright 2012 Demandware, Inc. - Confidential
  • 10. Proprietary and ConfidentialCopyright 2012 Demandware, Inc. - Confidential Change the Criteria 10
  • 11. Proprietary and Confidential The Demandware Branding Challenge From  Control of Software  Cost to Install  Expense  Mid-size Companies  Our Platform  Risk  Visionaries To  Control of eCommerce  Cost to Stay Cutting-Edge  Revenue Driver  High-Growth Brands  Your Brands  Confidence  Great Marketers 11Copyright 2012 Demandware, Inc. - Confidential
  • 12. Proprietary and Confidential The Demandware Opportunity 12 Brand/ Marketing eCommerce Technology Features Benefits Rewards Copyright 2012 Demandware, Inc. - Confidential
  • 13. Proprietary and Confidential What It Meant 13 • Demandware couldn’t differentiate on claims alone • Must go beyond rational and functional benefits • Address ambition • Speak the customer’s language • It’s not what you can do, it’s what the customer can do • Look and act like a marketing partner • Show, don’t just tell • Make it inspiring! Copyright 2012 Demandware, Inc. - Confidential
  • 14. Proprietary and Confidential Brand Positioning 14 It’s not just about how the customer feels about you… …It’s also about how you make the customer feel about their self Copyright 2012 Demandware, Inc. - Confidential
  • 15. Proprietary and Confidential 15 CEO/CMO IT eCommerce Finance An industry leader to watch A real business-enabler and creative problem-solver I ROCK!! A business facilitator, not just a bean counter
  • 16. Proprietary and Confidential What Does this Mean for the Demandware Customer? 16 The Demandware Brand Promise: Our customers can count on Demandware to help them drive their business – and their own careers – to their full potential. Copyright 2012 Demandware, Inc. - Confidential
  • 17. Proprietary and Confidential How Does the Customer Benefit? 17 Think It. Do It. No limits. No worries. No surprises. Copyright 2012 Demandware, Inc. - Confidential
  • 18. Proprietary and Confidential Brand Promise Rests on Brand Attributes 18 Automatic global releases Innovation eco-system Link partners Community Labs Open cloud-based services Single platform: Multi-brand/ Multi-country/ Omni-channel Transparent, inclusive pricing Extensible/ Interoperable Integrated 3rd party services and apps Business model Thought leadership Customer- focused innovation Customer panels World-class operating environment Uptime/Security Scalability Innovation Simplicity Partnership Performance Copyright 2012 Demandware, Inc. - Confidential
  • 19. Proprietary and Confidential Startup Secret! Be Consistent From the Start to Maintain Brand Integrity 19  Consistency - Great brands are consistent— everywhere a customer comes into contact, they are the same.  Values – Great brands have attributes consistent with company values.  Reliability – Great brands consistently keep their promise. startupsecrets.comGo to Market Strategies
  • 20. Proprietary and Confidential 20 Startup Secret! Start How You Mean to End startupsecrets.comGo to Market Strategies
  • 21. Proprietary and Confidential Agenda Strategic 1. Brand 2. Positioning 3. Targeting, Segmentation Tactical 1. The Marketing and Sales Cycle 2. Driving to Market 3. Results-Oriented, Measured Execution Execution – Introduction to Key Areas 1. Inbound 2. Building Your GTM Machine 21startupsecrets.comGo to Market Strategies
  • 22. Proprietary and Confidential Positioning Occupy a distinct space:  In a potential customer’s mind  In a unique whitespace in the market • For? (target customers — beachhead segment only) • Who are dissatisfied with? (current market alternative) • Our product is a… (new product category) • That provides… (key problem-solving capability) • Unlike… (reference competitive differentiation to alternative) • We have assembled… (key whole product features for your specific application) 22 Good news! You already did a simplified version in the Value Prop session! startupsecrets.comGo to Market Strategies
  • 23. Proprietary and Confidential 23 Positioning Mark Lorion, CMO Apperian. Previously VP Marketing Spotfire Analytics Division TIBCO Software
  • 24. Proprietary and Confidential Company/Product Overview and Positioning/Messaging  For line-of-business managers and data analysts at global enterprises  Who are dissatisfied with rigid BI reports (business intelligence software) that don’t answer questions and require IT support to modify  Our approach offers a user-driven and visual approach for looking at data  That rapidly uncovers new insights that lead to business opportunities, avoids threats, and helps people make better decisions  Unlike traditional Business Intelligence  Spotfire is an Analytics & Data Discovery software platform that provides dimension-free data exploration and freeform user control to ask and answer new questions at the speed of thought 24 Spotfire acquired by TIBCO Software (over $1 billion in revenue) in 2007 Analytics software sold to enterprises in numerous vertical markets $xxxM Operating Unit w/ xxx employees Field teams in throughout Americas, EMEA, APAC
  • 25. Proprietary and Confidential Competition 25  Unique differentiation • Not just technology  e.g., Targeted Segment  Barriers to entry • Rewind, repeat: Not just technology!  e.g., Business Model, GTM approach  What is sustainable? • IP, patents, network, data, process, etc.  Consistent with your CORE value? startupsecrets.comGo to Market Strategies
  • 26. Proprietary and Confidential Positioning 2x2: Whatever Sets You Up For a Unique Whitespace 26 a b c d {whitespace} Low Low High High The choice of axes is critical Define real BARRIERS to enter into each segment Bubble sizing for relative size of competitors startupsecrets.comGo to Market Strategies
  • 27. Proprietary and Confidential Agenda Strategic 1. Brand 2. Positioning 3. Targeting, Segmentation Tactical 1. The Marketing and Sales Cycle 2. Driving to Market 3. Results-Oriented, Measured Execution Execution – Introduction to Key Areas 1. Inbound 2. Building Your GTM Machine 27startupsecrets.comGo to Market Strategies
  • 28. Proprietary and Confidential The Perfect Startup Storm 28 Disruptive Business Model Disruptive Technology New Market & GTM startupsecrets.comGo to Market Strategies
  • 29. Proprietary and Confidential Why Do Targeting and Segmentation Matter? 29  Product / Market fit  Packaging and Pricing  Channels, Distribution  Messaging, communication … and more  DEPEND on Targeting & Segmentation startupsecrets.comGo to Market Strategies
  • 30. Proprietary and Confidential The Perfect Startup Storm: Focus on Value Proposition FOR Target Segment 30 Disruptive Business Model Disruptive Technology New Market & GTM TARGET SEGMENT startupsecrets.comGo to Market Strategies
  • 31. Proprietary and Confidential Value Proposition: Recap and Intersection 31 • 3D Solution  Discontinuous  Defensible  Disruptive • 4U Need  Unworkable  Unavoidable  Urgent  Underserved market (For Targeting, Segmentation) startupsecrets.comGo to Market Strategies
  • 32. Proprietary and Confidential The Perfect Startup Storm: Focus on Value Proposition FOR Target Segment 32 Disruptive Business Model Disruptive Technology New Market & GTM TARGET SEGMENT Unique Undeserved startupsecrets.comGo to Market Strategies
  • 33. Proprietary and Confidential Adding Value to Lean Startup Thinking: 33 MVP MVS Smaller, Easier Target to Cover Minimum Viable Product (MVP) AND Minimum Viable Segment (MVS) startupsecrets.comGo to Market Strategies
  • 34. Proprietary and Confidential 34 Startup Secret! Segmentation: A Common Set of Needs Leads to Reference  Segment according to the same NEEDS • Customers can compare solutions  When you deliver • They will REFERENCE each other  Leads to… • Initial Beachhead startupsecrets.comGo to Market Strategies
  • 35. Proprietary and Confidential Targeting Segmentation: Get to Common Problem and NEEDS 35  Vertical • Automotive • Financial Services • Government  Size • Consumer • SMB • Enterprise  Problem / NEEDS • e.g., Regulatory Approval Process  Applicable Across Pharmaceutical Industry, Fin Services, Government, etc. Vertical Size Problem/NEEDS startupsecrets.comGo to Market Strategies
  • 36. Proprietary and Confidential 36 Targeting Segmentation: Example: Seeking Critical Need Mobile Professionals vs. Office Worker startupsecrets.comGo to Market Strategies
  • 37. Proprietary and Confidential 37 Targeting Segmentation: Example: Seeking Critical Need Mobile Professionals vs. Office Worker Field Workers vs. White Collar startupsecrets.comGo to Market Strategies
  • 38. Proprietary and Confidential 38 Targeting Segmentation: Example: Seeking Critical Need Mobile Professionals vs. Office Worker Field Workers vs. White Collar Services vs. Sales startupsecrets.comGo to Market Strategies
  • 39. Proprietary and Confidential 39 Targeting Segmentation: Example: Seeking Critical Need Mobile Professionals vs. Office Worker Field Workers vs. White Collar Services vs. Sales Medical Equipment vs. Office Equipment startupsecrets.comGo to Market Strategies
  • 40. Proprietary and Confidential 40 Targeting Segmentation: Example: Seeking Critical Need Mobile Professionals vs. Office Worker Field Workers vs. White Collar Services vs. Sales Medical Equipment vs. Office Equipment Hospitals vs. Medical Clinics startupsecrets.comGo to Market Strategies
  • 41. Proprietary and Confidential 41 Targeting Segmentation: Example: Seeking Critical Need Mobile Professionals vs. Office Worker Field Workers vs. White Collar Services vs. Sales Medical Equipment vs. Office Equipment vs. Medical ClinicsHospitals Critical Care vs. Diagnostics startupsecrets.comGo to Market Strategies
  • 42. Proprietary and Confidential 42 Startup Secret! Don’t Be Afraid to FOCUS!  Narrow as possible to start! • Think Beachhead (Geoffrey Moore)  Would you rather: • Expand on success? • Contract on failure? startupsecrets.comGo to Market Strategies
  • 43. Proprietary and Confidential Agenda Strategic 1. Brand 2. Positioning 3. Targeting, Segmentation Tactical 1. The Marketing and Sales Cycle 2. Driving to Market 3. Results-Oriented, Measured Execution Execution – Introduction to Key Areas 1. Inbound 2. Building Your GTM Machine 43startupsecrets.comGo to Market Strategies
  • 44. Proprietary and Confidential The Startup Marketing and Sales Cycle 44 Awareness Interest Understanding Engagement Trial Purchase startupsecrets.comGo to Market Strategies
  • 45. Proprietary and Confidential 45 Awareness Interest Understanding Engagement Trial Purchase AA Actors Segment Target Undeserved and Uniquely Valued Target, Segment, and Startup Secret! Personify “Actors” startupsecrets.comGo to Market Strategies
  • 46. Proprietary and Confidential 46 Awareness Interest Understanding Engagement Trial Purchase AA Actors Segment Target Undeserved and Uniquely Valued Startup Secret! Customer “Actors” Change Through “Stages” Customer “Actors” • Visionary • Technocrat • Operator • Influencer • Economic buyer • Decision maker STAGES startupsecrets.comGo to Market Strategies
  • 47. Proprietary and Confidential 47 Awareness Interest Understanding Engagement Trial Purchase AA Actors Segment Target Undeserved and Uniquely Valued Ultimately, Discover Customer DMU: Decision Making Units Customer “Actors” • Visionary • Technocrat • Operator • Influencer • Economic buyer • Decision maker STAGES DMU? startupsecrets.comGo to Market Strategies
  • 48. Proprietary and Confidential 48 Startup Secret! Qualify Early and Often  Qualify early • Save all the money, time and resources that you can early in the process • Opportunity cost for another suspect  Qualify often—things change! • Create lead scoring, nurturing programs  Marketing qualifiers: tie to Targeting and Segmentation • Narrow criteria = easy qualification  Sales qualifiers: • MANACT : Money, Authority, Need, Ability, Competition, Timescales • DMU: Decision Making Unit Awareness Interest Understanding Engagement Trial Purchase Customer “Actors” • Visionary • Technocrat • Operator • Influencer • Economic buyer • Decision maker STAGES DMU? Focused Target Segment startupsecrets.comGo to Market Strategies
  • 49. Proprietary and Confidential Agenda Strategic 1. Brand 2. Positioning 3. Targeting, Segmentation Tactical 1. The Marketing and Sales Cycle 2. Driving to Market 3. Results-Oriented, Measured Execution Execution – Introduction to Key Areas 1. Inbound 2. Building Your GTM Machine 49startupsecrets.comGo to Market Strategies
  • 50. Proprietary and Confidential “Driving” Startup Marketing and Sales 50 Awareness Interest Understanding Engagement Trial Purchase YOU Control Neutral Overdrive GEARStobuildMomentum startupsecrets.comGo to Market Strategies
  • 51. Proprietary and Confidential “Driving” Startup Marketing and Sales 51 Awareness Interest Understanding Engagement Trial Purchase YOU Control Neutral Overdrive GEARStobuildMomentum Accelerator/Brake/Clutch CUSTOMER Controls startupsecrets.comGo to Market Strategies
  • 52. Proprietary and Confidential Your Controls: Gears in the Sales Cycle 52  Gears to build momentum • Why the analogy?  Because it’s tough to go from 1st gear to 5th gear in one step – likewise, it’s tough to skip steps in a sales process  Don’t stay with one gear too long when accelerating – you’ll over-rev the engine. Same with the customer! Instead… • Engage a new Gear (sales or marketing tool) every time the customer puts the clutch in.  Measure whether it enables customer to accelerate & build momentum for the sale startupsecrets.comGo to Market Strategies
  • 53. Proprietary and Confidential Customer’s Controls: ABCs of the Sales Cycle 53 Accelerator • Accelerates the customer from one step to another: • e.g., SLIPPERY product, things like self service, free trials, etc. Brake • Stops the customer moving from one step to another: • e.g., lack of understanding of your solution, poor competitive positioning • DON’T assume it’s price! (ACTIVELY LISTEN to carefully dissect sales objections and recognize sales stops / starts) Clutch • Is engaged when the customer doesn’t know what the next step is, or there’s inertia and risk that causes a stalled sales cycle startupsecrets.comGo to Market Strategies
  • 54. Proprietary and Confidential “Driving” Marketing and Sales: Proof Connecting It to Customer Gain / Pain Ratio 54 Awareness Interest Understanding Engagement Trial Purchase Neutral Overdrive GEARS Accelerator startupsecrets.comGo to Market Strategies
  • 55. Proprietary and Confidential “Driving” Marketing and Sales: Proof Connecting It to Customer Gain / Pain Ratio 55 Awareness Interest Understanding Engagement Trial Purchase Neutral Overdrive GEARS Accelerator Customer Gain: • Revenue • Cost savings • Time • People • Competitive advantage • Reputation • Etc. Gain startupsecrets.comGo to Market Strategies
  • 56. Proprietary and Confidential “Driving” Marketing and Sales: Proof Connecting It to Customer Gain / Pain Ratio 56 Awareness Interest Understanding Engagement Trial Purchase Neutral Overdrive GEARS Accelerator Customer Gain: • Revenue • Cost savings • Time • People • Competitive advantage • Reputation • Etc. Gain Customer Pain: • See (Find) – Awareness • Try – Engagement, Trial • Buy – Price, Package, License • Fly – Implement, Deploy • Own (TCO) – Service, Support Pain startupsecrets.comGo to Market Strategies
  • 57. Proprietary and Confidential “Driving” Marketing and Sales: Proof Connecting It to Customer Gain / Pain Ratio 57 Awareness Interest Understanding Engagement Trial Purchase Neutral Overdrive GEARS Accelerator Customer Gain: • Revenue • Cost savings • Time • People • Competitive advantage • Reputation • Etc. Gain Customer Pain: • See (Find) – Awareness • Try – Engagement, Trial • Buy – Price, Package, License • Fly – Implement, Deploy • Own (TCO) – Service, Support Pain Inertia, RISK on a startup : • Switching costs? • Default = do nothing • Alternatives? • Good enough = good enough! startupsecrets.comGo to Market Strategies
  • 58. Proprietary and Confidential “Driving” Marketing and Sales Relating to Business Model CORE, Levers, and Multipliers 58 Awareness Interest Understanding Engagement Trial Purchase CORE Levers Multipliers startupsecrets.comGo to Market Strategies
  • 59. Proprietary and Confidential “Driving” Marketing and Sales Relating to Business Model CORE, Levers, and Multipliers 59 Awareness Interest Understanding Engagement Trial Purchase CORE Levers Multipliers Multiplier Examples Sales & Marketing  Tiered Pricing  Freemium  Channel partners Product  SLIPPERY products *  “Russian Doll” Packaging *  Technology stacks  WHOLE product ACCELERATE In the Sales Cycle Neutral Overdrive GEARS Lever Examples Sales & Marketing  Web  Inside sales  Inbound  Referencing, viral Product  Support  Services  WHOLE product Accelerator/Brake/Clutch Reduce BRAKES In the Sales Cycle startupsecrets.comGo to Market Strategies
  • 60. Proprietary and Confidential Road Test: Put It All Together 60 Reduce Brakes, let out Clutch • Time • People • Resources Accelerate in Gear • Automation • NOT people dependent • Self service for the customer Engage levers • Distill to repeat & scale • e.g., Videos, Podcasts • Self service portals, Knowledge bases, Configurators Use Multipliers • SLIPPERY product • Russian Doll packaging (Around your CORE Value Prop) startupsecrets.comGo to Market Strategies
  • 61. Proprietary and Confidential 61 Go-To Market Strategy and Planning Mark Lorion, CMO Apperian. Previously VP Marketing Spotfire Analytics Division TIBCO Software
  • 62. Proprietary and Confidential Our Go-To Market Planning 62 Corp and Division Objectives Yearly Business & Marketing Plan Platform Roadmap “Plays” (limited set of cross- functional initiatives  org alignment and scale) Playbooks executed & evaluated quarterly Segmentation
  • 63. Proprietary and Confidential Our Go-To Market Map (2010 Example) 63 Viral+AwarenessPlay($$$) $$$ US $ $$$0 (Sales driven) EUAPJ FSI Play LS Play (clinical)Channels Play CPG Relative Marketing Programs Investment TIBCO Play LS Play (research) Telco Manufacturing Energy Government FSI Play LS Play (clinical)Channels Play TIBCO Play LS Play (research)Energy Telco Manufacturing CPG LS Play (clinical) LS Play (research) FSI Play Channels Play (China) Manufacturing “Silver Spotfire” ($$) The “Plays”
  • 64. Proprietary and Confidential Driving Sales and Marketing at Spotfire 64 Overview: Objectives:  Sell risk analytics solutions to banks, I-banks, Insurance Co., Asset managers, Hedge funds, and corporations  REVENUE POTENTIAL: ____  EXPECTED INVESTMENT: ___ Audience  VP, Group Risk Management, VP Cap. Management, Trading Management at major banks  Head of-- Modeling and Research/Actuarial Team/Trading Message:  Respond to changing competitive and regulatory landscape more quickly, effectively and confidently  Empower analysts and decision makers to explore and interrogate data to gain more complete understanding  Deploy real-time data processing and visual /statistical analytics to uncover/discern hidden trends in data Offering:  Enterprise Risk Aggregation “solution”  Credit risk modeling and performance monitoring “solution” Primary Competition:  SAS, @Risk, FactSet, R, MatLab, SPSS, Algorithmics  Internal apps (Excel, Homegrown applications) Competitive Edge:  Open, adaptable, and scalable modeling platform  Fast, intuitive multi-dimensional, user-driven visualizations  Complete data spectrum capabilities – from inputs, quality, analysis, to post- processing reporting and visualizations  Greater range of visualization and computational capabilities Tactical Options: Demand Support  Conferences: RiskMinds Geneva, GARP NYC 2/10  Outbound: telemarketing program to reach named list of prospects, email databases and lists for webcast series  Inbound: Develop thought leadership content – Magazine articles, speaker slots at events, purchase magazine space for columns/editorials; consider blogging series on Cap Markets trends re Risk  Web—PPC, Banner ads (GARP, MashRisk Network, others), rationalize website and upgrade concentration of keywords  Webcasts -- SF/S+ risk related series, 1/month, RiskCenter, Fierce Finance email blast for each event; E&Y compliance series, 6/year, audience is across verticals; Reuters, 3/year SF use as embedded provider of visual analytics Equip Sales:  New “solution” demos are required with support kits – based off XYZ customer deals in 1H’09  Flash tours (4) Develop between 12/09 and 6/10  A dedicated presales resource needed in each major GEO!  Bloomberg subscription (share cost with Energy Play) Partners/Resellers/OEM:  Leverage partnership with Reuters, CapitalIQ for go-to-market programs  Enable resellers with sales kits and investigate co-marketing opportunity Product Enhancements:  Updating time series data; 3d surface plots; Standard distribution reference curves; Custom calendar capability; Weighted average, cumulative return; Productize FinMetrics and NuOpt; Bloomberg Data connection (1-Historic data, 2-’real time’ data)
  • 65. Proprietary and Confidential Agenda Strategic 1. Brand 2. Positioning 3. Targeting, Segmentation Tactical 1. The Marketing and Sales Cycle 2. Driving to Market 3. Results-Oriented, Measured Execution Execution – Introduction to Key Areas 1. Inbound 2. Building Your GTM Machine 65startupsecrets.comGo to Market Strategies
  • 66. Proprietary and Confidential ROME: Results Oriented, Measured Execution 66  You can’t manage what you can’t measure  Measure every step: • Time • People • Other resources  Conversion rates • Accelerators • Brakes • Clutch • Gears Awareness Interest Understanding Engagement Trial Purchase startupsecrets.comGo to Market Strategies
  • 67. Proprietary and Confidential Drill Down: Marketing and Sales 67 lead lead lead lead lead Awareness Interest Understanding Engagement Trial Purchase $,Time, Resources Conversion rate % Break down measurable, manageable steps ULTIMATELY: $, Time, Resources Conversion rate % Customer startupsecrets.comGo to Market Strategies
  • 68. Proprietary and Confidential 68 lead lead lead lead lead Awareness Interest Understanding Engagement Trial Purchase Customers Marketing and Sales: FLOW Seamlessly linked steps, that incent customers to flow from one step to another startupsecrets.comGo to Market Strategies
  • 69. Proprietary and Confidential 69 Startup Secret! Reverse Engineer Awareness Interest Understanding Engagement Trial Purchase $,Time, Resources Conversion rate % REVERSE ENGINEER THE FUNNEL ULTIMATELY: $, Time, Resources Conversion rate % startupsecrets.comGo to Market Strategies
  • 70. Proprietary and Confidential 70 Startup Secret! Closed Loop via Web Awareness Interest Understanding Engagement Trial Purchase ULTIMATELY: $, Time, Resources Conversion rate % Closed Loop via Web $,Time, Resources Conversion rate % startupsecrets.comGo to Market Strategies
  • 71. Proprietary and Confidential The Web Changes (Nearly) Everything 71 Positives: • Measure everything • Closed loop • Lower cost Negatives: • One click away  Competitors  Distractions Closed Loop via WebVirtual Sales, Marketing, Services  Webinars  Video  Podcasts Don’t forget the human factors  Personal touch  Relationships – better real than virtual!  Experiential learning is invaluable startupsecrets.comGo to Market Strategies
  • 72. Proprietary and Confidential Agenda Strategic 1. Brand 2. Positioning 3. Targeting, Segmentation Tactical 1. The Marketing and Sales Cycle 2. Driving to Market 3. Results-Oriented, Measured Execution Execution – Introduction to Key Areas 1. Inbound 2. Building Your GTM Machine 72startupsecrets.comGo to Market Strategies
  • 73. Proprietary and Confidential Brian Halligan CEO, HubSpot @Bhalligan
  • 81. Proprietary and Confidential 81 CREATE CONTENT • Blog Posts • Info graphics • Videos • E-books • White papers • Reports • Calculators • Freemium Appl • Grader
  • 85. Proprietary and Confidential 85 LINKS ARE TO THE INTERNET AS DOLLARS ARE TO THE ECONOMY @BHalligan
  • 90. Proprietary and Confidential 90 Better Conversion Better Personalization Better Value More Usage
  • 95. Proprietary and Confidential Inbound vs. Outbound? 95 $1M $500k $100k $50k $10k $0 IN-bound OUT-bound ?Hybrid DealSize startupsecrets.comGo to Market Strategies
  • 96. Proprietary and Confidential When Some Outbound Marketing Makes Sense for the Startup 96 Mark Lorion @mark_lorion Apperian, CMO startupsecrets.comGo to Market Strategies
  • 97. Proprietary and Confidential Agenda Strategic 1. Brand 2. Positioning 3. Targeting, Segmentation Tactical 1. The Marketing and Sales Cycle 2. Driving to Market 3. Results-Oriented, Measured Execution Execution – Introduction to Key Areas 1. Inbound 2. Building Your GTM Machine 97startupsecrets.comGo to Market Strategies
  • 98. Proprietary and Confidential Building a Sales and Marketing Machine: Funnel Design and Optimization 98 Time to Recover CAC Conversion Rate CAC Viral Coefficient Churn Rate Viral Cycle Time ROI by Lead Source LTV
  • 99. Proprietary and Confidential The Basics of Funnel Design 99 1st
  • 100. Proprietary and Confidential 100 Expand Upsell Cross sell Suspects Closed Deals
  • 101. Proprietary and Confidential In a Perfect World… 101 1 Step
  • 102. Proprietary and Confidential In a Perfect World… 102 MyProduct.com HOW IT WORKS DESCRIPTION Our product allows you … BUY NOW! Only $9,999.99
  • 103. Proprietary and Confidential The Art of Marketing 103
  • 105. Proprietary and Confidential The Buying Cycle 105 CONSIDERATION CLOSED DEAL AWARENESS PURCHASE
  • 106. Proprietary and Confidential Triggers  Moving homes • Movers, phones, cable TV, furniture, insurance, etc.  Starting a new software project • PaaS (Platform as a Service), developer tools, etc.  Needing to hire lots of new employees • Applicant tracking system  Losing data in a hardware crash • Backup software or service  Reading about a scary new computer virus • Anti-virus software 106
  • 107. Proprietary and Confidential An Organizational Metaphor for the Key Funnel Stages 107 MIDDLE OF THE FUNNEL CLOSED DEAL TOP OF THE FUNNEL SALES
  • 108. Proprietary and Confidential What Is the Top of the Funnel? 108 Customer is not aware they have a problem, or that your product category exists GENERATE AWARENESS Customer has a problem and is looking for a solution GET FOUND
  • 109. Proprietary and Confidential What Is the Middle of the Funnel? 109 QUALIFY MQL (MARKETING QUALIFIED LEAD) NURTURE
  • 110. Proprietary and Confidential What Is the Middle of the Funnel? 110 QUALIFY MQL (MARKETING QUALIFIED LEAD) NURTURE • Blog • E-Mail Campaigns • Webinars • Free Trials • Newsletters • etc. Wait for a Trigger Or try to create a Trigger
  • 111. Proprietary and Confidential Consideration Address their Questions and Concerns: • Will this work for my situation? • Is this the best product on the market? • Is it a safe choice? • Who else is using it? • Will I get a return on my investment? • Is it scalable? Secure? • Is it easy to implement? • Will I receive support? • Etc. 111 BUYER THE
  • 112. Proprietary and Confidential Measurement 112 ”If you cannot measure it, you cannot improve it." - Lord Kelvin 2nd
  • 113. Proprietary and Confidential What to Measure for Each Step / Action 113 NO. OF ACTIONS % CONVERSION RATE TIME TIME
  • 114. Proprietary and Confidential The Key Metrics 114 VISITORS CAMPAIGNS TO DRIVE TRAFFIC TRIALS CLOSED DEALS CONVERSION % CONVERSION % OVERALL CONVERSION %
  • 115. Proprietary and Confidential Even if you are Microsoft, Cisco, Oracle, or Google, your funnel will have… Blockage Points 115 Suspects Suspects Suspects Suspects Suspects Suspects Suspects Suspects Suspects Suspects Suspects Suspects
  • 117. Proprietary and Confidential In diagnosing many funnel blockage points, there is a… Clear Pattern 117
  • 118. Proprietary and Confidential You are hoping your Customers will do something That they are Not motivated to do 118
  • 119. Proprietary and Confidential In other words, You designed your funnel the way you hoped it would work But you may not have thought enough about The customers’ point of view 119
  • 120. Proprietary and Confidential For example, JBoss Put a registration form on their website before a free download And Impact Cut the download rate by more than 10x 120
  • 121. Proprietary and Confidential Get Inside Your Customer’s Head 121 FRICTION CONCERNS
  • 122. Proprietary and Confidential Understand What Motivates Them 122 MOTIVATIONS FRICTION CONCERNS
  • 123. Proprietary and Confidential JBoss Example: They were making $27,000 per month selling documentation. Solution? Give away documentation to get their e-mail address. 123
  • 124. Proprietary and Confidential Example: Driving Traffic to Your Website 124 GETTING FOUND Customers are not going to find your site unless it is: - On the top page of Google search results - Recommended by a trusted source - Referred to in social media or the blogosphere Friction and Concerns
  • 127. Proprietary and Confidential Lessons from Website Grader  Free tools drive viral spread  Low customer work required  High value delivered  Score leverages competitive urge, and acts as a trigger  Builds trust through clear demonstration of expertise 127
  • 128. Proprietary and Confidential using engineering for marketing 128
  • 129. Proprietary and Confidential 129 Build Trust Sell SellFirst Contact First Contact Build Relationship
  • 130. Proprietary and Confidential It Is Often Necessary to Find Topics That Are Not Related to the Sale 130 Build Trust Sell First Contact Build Relationship
  • 131. Proprietary and Confidential Selling is 10x easier Once you have established TRUST 131
  • 132. Proprietary and Confidential The Keys to Success 132 BUYER THE GET INSIDE YOUR BUYER’S MIND
  • 133. Proprietary and Confidential Agenda Strategic 1. Brand 2. Positioning 3. Targeting, Segmentation Tactical 1. The Marketing and Sales Cycle 2. Driving to Market 3. Results-Oriented, Measured Execution Execution – Introduction to Key Areas 1. Inbound 2. Building Your GTM Machine 133startupsecrets.comGo to Market Strategies
  • 134. Proprietary and Confidential Recap Marketing & Sales Cycle Awareness Interest Understanding Engagement Trial Purchase Strategies Tactics Channel Audience Brand Positioning Messaging Social Media PR Services References Direct vs. Channel Channel Development, Management, Etc. Strategic Partners Targeting, Segmentation Personas Actors/Scenes • Results Oriented, Metrics, Execution Driven • Continuous Iteration & Improvement OUTbound/INboound 134startupsecrets.comGo to Market Strategies
  • 135. Proprietary and Confidential Case Examples Not Covered on: www.startupsecrets.com 135  Brand elements  Channel / Distribution  Services, Professional Services  Guerilla Marketing – when you’ve got no $!  To come • Connection with business model • Whole product • Strategic partnering startupsecrets.comGo to Market Strategies
  • 136. Proprietary and Confidential Key Points to Remember: 136  Manage your brand from the start  Position to be unique  Target & segment around customer needs  Think about “driving” your marketing & sales cycle  GTM is both strategic and tactical  But it is ultimately about ROME startupsecrets.comGo to Market Strategies
  • 137. Proprietary and Confidential Remember, ROME Wasn’t Built In a Day! 13 Nor will your GTM strategy and tactics be – R esults – O riented – M easured – E xecution – D riven through iteration Listen Learn Lead Iterate Pivot GTM Business Model • Results Oriented, Metrics, Execution Driven • Continuous Iteration & Improvement startupsecrets.comGo to Market Strategies
  • 138. Proprietary and Confidential Building an Enduring Company: GTM Is a Key Part of Execution 138 Vision Value Proposition People Execution Cultural Consistency Enduring Compan y Startup Listen Learn Lead Iterate Pivot startupsecrets.comGo to Market Strategies
  • 139. Proprietary and Confidential Thank You! 139  Apperian • Mark Lorion  Demandware • Jamus Driscoll  Hubspot • Brian Halligan  Matrix partners • David Skok • Harvard I Lab #innovationlab • Michael Skok @mjskok • Startup Secrets #startupsecrets www.startupsecrets.com startupsecrets.comGo to Market Strategies
  • 141. Proprietary and Confidential Go to Market Strategies startupsecrets.com