Go To Market Strategy - 4 - 3
Go To Market Strategy - 4 - 3
are we selling
are we selling?
it to?
HOW WHERE
do we go to can we reach
market them?
GO TO MARKET
STRATEGY & PLAN
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Marketing
Strategy
Where to
How to Sell Sell
Markets Customers
Cu
ts
sto
ucd
m
Pro
How to Sell
er s
WHAT
(Offering)
GTM
Strategy
HOW WHO
(Channels) (Customers)
WHAT WHO
are we selling
are we selling?
it to?
HOW WHERE
do we go to can we reach
market them?
WHAT WHO
Go To Market
HOW WHERE
Contacts
Demand Management
Create, buy and rent contact information
10 touch follow-up methodology
for desired title and roles
Offers
Automation Create compelling offer that are relevant
SFA, lead scoring and lead nurturing for buyers, with respect for the buying
cycle
Education
Salaries
& Training
Productivity Expenses
Variable
Automation
Expenses
Business
Problems
Revenue Profits
Sales Taxes
Customer
Satisfaction
Customer Guarantee
Support Warranty
Process
Change
Is there an understanding of the
How can the process be
customer's existing process of
changed for improvement
lack or process?
NEEDS
Value proposition Value
What is a value proposition that How do you link the value to the
will resonate and be compelling customers KPIs?
Decision maker
Why is appealing to the decision maker?
Possible
Introduction Growth Maturity Saturation Development
Renewed Growth
Revenue
Contraction
End of Life
Customer
Business Focus Awareness Growth Market Share Transition
Retention
Partner Selection
Partner Network &
Criteria
Profile
How does the
Understand the industry
relationship help achieve
network and the value
Partnering goals? Create a checklist
chain to build
to assess the value of a
relationship.
partnership.
Systems
Project
Personnel
Management
Support
Function
Hardware/
Escalations
Software
Target
Market &
Market
Need
Strategy Tactical
Requires $$$ to create awareness, Leverage consumer-focused social media such as Twitter,
B2C Facebook, Pinterest
Events and association; leverage business-focused social media such as LinkedIn, Twitter,
B2B Facebook, Pinterest, etc.
Service Use testimonials, case studies and ROI models to prove value
Consumers Enterprises
Partnering
STRENGTHS
What do you do particularly well?
What do you do that is unique in the WEAKNESSES
marketplace? What do you not feel as comfortable
What do your doing?
customers/clients/Patrons ask for you What needed resources, staff, or skills
to do over and again? do you lack?
What do you have to write
tools/resources accomplish
OPPORTUNITIES
THREATS
Are there new situations coming down
Who is your competition and what do
the road that you can take advantage
they offer that you cannot do as well or
of (new programs being offered, new
at all?
faculty joining the department, new
tools available to you? Are there "environmental" changes or
situation that could cause problems for
Are there gaps in the "market" that you
you and your programs?
can fill?
What other roadblocks are being
Is there a partnership that might be
thrown in your path?
fruitful?
Proof
Points:
Introduction Detailed
Describe The Customer
To Your Information Free Trial Purchase
Problem Testimonials
Solution On Solution
, Reviews,
Etc.
Lead Nurturing
Build A Trusted Relationship ,Wait For An External Trigger, Or Try To Create A Trigger
Industry
Is there a specific industry or Industries that
are studied for the offering?
Target
Buying Process Market
Is it a complex sale that involves Technology Adoption
an approver, decision maker, Is it a new market where the
recommender and influencer? focus is on early adopters or a
mature market?
Channel Strategy Company size Industries Targets Deal size Sale cycle Offering
CIO, COO, CIO VP
Own the sweet of OP’s.
spot of our market Primary market: Infrastructure.
New customers:
by developing companies that Financial services. Capacity
Product A
relationship with have $500M to Government. Planning, etc.
customers and $5B in revenue and Healthcare, Director of DC
Product: 679K Typically 6 to 9 Existing
Direct prospects via the have an enterprise Insurance, Retail, OPs:
Service: $987 months Customers:
sales and service data center Technology, Infrastructure,
Product B
directors. between 5,000 and Defense, Technology etc.
Upgrade or
These will be large 50,000 Communication M-level: DC
product A
enterprise Manager, manager
software solution. of IT. Etc.
Leverage the
installed base to
drive product
upgrades, promote Installed base and Maintenances
educational the primary market Typically 1 to 3 Renewals
Tele-sales classes and when purchases
Installed base Installed base <=$30k
months Education
develop qualified are <=$20K Deals <=$30K
leads for the sales
directors over the
phone
Leverage the
Financial services.
business partners
Government.
to provide Primary market: C-level
Healthcare, Typical software Resell Product A
Business territorial coverage companies that v-level Typically 3 to 9
Insurance, Retail, component is
across north have less than d-level months
partners Technology, about $15 to $30K Resell Product B
America where we $500M in revenue m-level
Defense,
do not have a
Communication
sales director.
Offering
#of
Industries Titles Medium ASP Quota Channel ASC Approach
Employees
Industries 5,
<100 Director Download $5K $250K Distributors <30 days Website
6,7,8,9,10
Vendor
Procure- Sales/
F&E ment
Production
Distribution
Organization
Processes do not begin and end in the company, they end with suppliers and customers
Account Intelligence
Corp Identity
Qualification
Positioning
Messaging
Sales Presentations
Lead Generation
Tech Note
Website
Need Analysis
Public Relations
Demos
Social Media
Business Analysis
SEO/SEM
Value Demonstration
White Papers
Newsletters Marketing Sale ROI
References
Success Stories
Scope & Proposal
User Group
Negotiation
Downloads
Pricing
User Conferences
Close
Employees
Empower employees to communicate
Support
One size fits one customer support
key messages
Community supports the community
Convenient and sometimes preferred
7*24*365 they all communication
medium of communication to inform
vehicles
employees
Instantaneous support
Effective channel for recruiting
All medium: Text, screenshots, audio,
Creates a new position in the
and video
organization
Q1 Q2 Q3
Bookings Target
In Contract 90%
Differentiation 25%
Opportunity 10%
Lead
Hard worker
Challenger
Strong work ethic
Different view
Great Blockers and
Knowledgeable
tacklers
Doesn't give up easily
Confidence to share view
Self-motivated
Assertive not aggressive
Lone Wolf
Follows on Instincts
Self-confidence
How to manage
Allergic to structure
Source code
This is additionally the output that comes Value Proposition
from a positioning workshop. The promise that value will be delivered from an organization to a
customer.
This is a comprehensive summary that it is based on cost, benefit, and value analysis
includes a superset of information.
Market Category
The category that is recognized by influencers. typically, a Google
search will retrieve secondary research about this category to prove
that it exists and is recognized.
Theme
Clarity
Enabling Partners
• Complimentary or supplementary capability
• Scale for operational size or geographical coverage
• Vertical integration along the industry value chain
Delivery Partners
• Awareness and credibility building
• Prospecting / Lead generation
• Sales
• Delivery and implementation
Partners
• Compliment or supplement your solution
• Deliver the solution or subject matter expertise
Demonstrate
Industry & Review Current Introduce Articulate What’s Introduce Your Provide Vicarious
Company Approaches The Twist Really Important Approach Validation
Knowledge
Communicate Discuss Tradition Introduce Your Plant Landmines How Does Your Talk About The
Your Undersetting Approaches To Innovative By Embedding Company Apply Customers
Of The Market, Solving The Approaches To Your Technology To Success Stories Or
Competitive Problem The Problem (A Differentiators In Solve This Anecdotes
Forces And The New Lens And The The Mind Of The Business Problem
Company At Hand Financial Impact) Prospect As Key
Evaluation Criteria
• Action plan agreed upon the • 50%+ chance of winning • Demo’s • Project management
client • Have access to exaction • ROI demonstration
Upside Leaning • Competition identified, on sponsor and other key • POC • Configurator
40% shortlist influencers • Strategy demonstration • Pricing & Quote
• Have met with the sponsor
Key • What are we trying to • What are the potential • Where should we • What go to market • What is wining worth?
Questions accomplish? markets? compete and what must approach is optimal?
we deliver
Focus: • Clarify desired • Identify market • Understanding the • Identify and assess • The best channel
outcomes/objectives attractiveness factors, opportunity to create market channel options approach
and ‘as is’ situation differential advantage
Inputs/ • Review market data • Identify define, and map • Assess addressable • Determine the optimal • Develop
Tasks: • Validate project market markets offering & positioning for recommendation for go
approach • Determine buying w/attractiveness criteria target markets to market approach
• Design & Schedule work process and choice • Determine company’s • Determine ideal channel • Market-Channel
plan drivers ability to compete in partner criteria positioning platform
• Organize core & steering attractive markets • Identify, assess and tested
teams • Identify key buying prioritize potential • Organizational
influencers and desired channel partners by alignment assessed
behavioral objectives targets markets
• Goal alignment • Verify the nature of the • Determine how we will • Determine how you will • Identify how you will
Outcomes
validation market opportunity “Win” “play” (GTM Model) measure results
(Metrics)
Personal
Win
Strategic
Benefits
Economic Benefits
Efficiency Gain
Functional Benefits
Integrated Plan
Metrics
Align all marketing resources to support
Measure all steps and incorporate
the initiative in a comprehensive logical
feedback for optimization
Demand and sustained manner
Creation
Sales Tools Process
Providing the right sales tools to the sales Database
reps at the right time and in the right Build a list of targeted companies
format
Contacts
Demand Management
Create, buy and rent contact information for
10 touch follow-up methodology
desired title and roles.
Automation Offers
Create compelling offers that are relevant for
SFA, lead scoring and lead nurturing
buyers, with respect for the buying cycle
Check Pipeline
Drive Attendance
Monitor the qualified opp’s that were
Drive attendance to online and offline
handed off to sales to view progression Demand events
in the pipeline. Management
Process
Research - Traditional
Hoovers, Tech crunch, inside view, strata-scope, analyst reports, CRUSH reports
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