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. $1/mo means you can’t afford customer service and it must incrementally free to run the technology behind it, both of which have implications for the sort of product you have to build (e.g. simple enough to be self-service). 10/mo means people see you as a cheap version of something else, but still expect a phone number.
In this article, you’ll learn how to build a demand generation funnel that fuels the pipeline, shortens the salecycle, and generates revenue. Obsessing over going viral. Creative agency founder Dan Kelsall has helped many of his clients go viral. In most cases, viral posts generated less demand.
As I ask questions to understand the thinking, what usually comes out is something vague along the lines of web marketing, and/or viral growth with no numbers attached. A quick look around all the B2C startups shows that, although viral growth is often hoped for, in reality it is extremely rare.
Technical entrepreneurs love their technology, and often are driven to launch a startup on the assumption that everyone will buy any solution which highlights this technology. These founders all seem to be pushing their technology, rather than highlighting their solution to a painful need. Limit the features and complexity.
Technical entrepreneurs love their technology, and often are driven to launch a startup on the assumption that everyone will buy any solution which highlights this technology. These founders all seem to be pushing their technology, rather than highlighting their solution to a painful need. Limit the features and complexity.
Don’t copy the style of a popular video (especially a “viral” one) if you’re trying to drive home your unique value proposition or establish your brand. Compared to the B2C world, B2B attribution faces two challenges: Sales often take place offline. The salescycle may last for months, or more than a year. Stay on brand.
Study the Sales Learning Curve and Only Invest behind Success (more.) The internet is your new channel and Technology Enabled Service providers are among the few partners that actually care if you succeed (more.) Popular Media: the key to viral marketing. Best Venture and Technology Podcasts for 2007. mguinan said.
However, if the SaaS & Cloud computing industry is doing relatively well in this downturn, the recession has severely impacted the sales&marketing productivity of these companies, with longer salescycle, smaller deal size and limited upsells opportunity. Popular Media: the key to viral marketing. ► 2006. (7).
The biggest shortcoming being that it considers the salescycle to be a linear process where a customer passes sequentially through sales steps and where he/she is the only one involved in the decision making process. One of my favorite examples of this is the design of viral loops. And I think this is really the point.
In addition, by focusing on selling to smaller companies in the long tail, you’ll benefit from shorter salescycles. Smaller businesses are far more agile when it comes to purchasing and deploying a new technology than Fortune 500 companies. This will enable you to build a community of loyal, passionate customers.
Technical entrepreneurs love their technology, and often are driven to launch a startup on the assumption that everyone will buy any solution which highlights this technology. These founders all seem to be pushing their technology, rather than highlighting their solution to a painful need. Limit the features and complexity.
I know nothing about viral marketing. Long salescycles or signed contracts that won’t pay you for months is tough as a small investor (ala elephant hunting). For most companies, this is usually sales. In some cases, product & technology. Because my $25k check isn’t going to last long.
I know nothing about viral marketing. Long salescycles or signed contracts that won’t pay you for months is tough as a small investor (ala elephant hunting). For most companies, this is usually sales. In some cases, product & technology. Because my $25k check isn’t going to last long.
In my case (LucidEra -- a SaaS analytics provider focusing on sales, marketing, and financial analytics), weve found that success requires not only building some best practices for analytics into our solution, but also coming up with a repeatable and scalable way to show the customer how to use the analytics and how to interpret the results.
The technology has to be superb to get into the enterprise. Next page: The transition from a founder who does all the sales to a scalable sales team is really, really hard. SaaS reduces your sales cost but also means that VC is needed. SaaS reduces your sales cost but also means that VC is needed.
And what many companies are learning is that no matter how on-demand your software is, if you are selling to huge enterprises you are going to have to spend huge dollars in sales and marketing. In order to get there, they cant operate like an Internet start-up, letting their technology spread virally as end users hear about it.
There was no viral social networking products back then like Twitter where people could easily discover your content. I had planned a balance of large companies and SMB/divisional sales but have changed my thinking. Reasons: cost of sales executives, long salescycles, deep functional requirements. Folksonomy.
And what many companies are learning is that no matter how on-demand your software is, if you are selling to huge enterprises you are going to have to spend huge dollars in sales and marketing. In order to get there, they can’t operate like an Internet start-up, letting their technology spread virally as end users hear about it.
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