Understanding and Optimizing SaaS Positioning: A Strategic Priority for Tech Companies
Once the GTM plan has been defined, it is imperative to test the positioning vectors and message copy created by the leadership team. These exercises should be helpful whether you think your positioning is sound or think it may be improved.
The Strategic Imperative: Boosting Your SaaS Branding and Communications for B2B Achievement
It is crucial for business strategy that your positioning vectors and messaging story be thoroughly tested and refined, especially once your go-to-market (GTM) plan is established. Whether or not your current positioning seems solid, or needs some fine-tuning, the steps described here will be quite helpful.
Senior management teams entrusted with creating new product marketing and positioning frequently work in silos, according to a prevalent tendency identified by Effiqs. Without much external input, a company's leadership team often undertakes an internal examination of strengths and weaknesses and determines important differentiators during the formulation of a GTM strategy. Owing to the absence of an outside viewpoint, this insular approach may result in inherent biases.
Recognize your competitors
Knowing your competitive landscape is crucial to developing the messaging and positioning of your B2B IT company. Without a thorough grasp of your competition, it is impossible to differentiate your brand from theirs. The following components ought to be at the center of your analysis:
- Mission statements
- Slogans
- Benefits as perceived
- Features of the product
- Renowned customers
- Societal approval
- Reviews and ratings from customers
The goal is to see your company from the perspective of your target market in order to gauge how you stack up against the competition. Comparative analyses of this kind frequently show that rivals are expressing comparable value propositions in marginally different ways. This gives you a chance to be creative and unique in your messaging.
Understand what your customers think
Feedback from your clients is the most objective. Interview them to find out if the positioning of your product matches their perceptions of its benefits and drawbacks. According to a HubSpot study, 72% of B2B marketers said that knowing their target audience was essential to their overall success in marketing. During client interviews, make sure your questions are clear and express your desire to maximize the positioning of your product. Even though content customers can offer insightful feedback, don't ignore the sometimes insightful comments from dissatisfied customers or from difficult or unsure customers.
Acquire Sales Input Regarding Your SaaS Message and Positioning
The experiences of your sales crew provide priceless information on your positioning and messaging. Urge them to include your messaging into their correspondence and materials. Most importantly, make sure they agree with your product and marketing teams on the positioning strategies and key messages that are being assessed.
Examine the market
In the event that the aforementioned procedures don't answer all of your issues or if you need more convincing proof, thorough market research is advised. In this regard, surveys are an effective instrument. According to a LinkedIn study, businesses that have a clear idea of who their target market is are 67% more likely to get leads.
Companies in the B2B SaaS/Tech sector who have effectively implemented positioning and messaging
Canva
With the help of the graphic design platform Canva, anyone with no prior design knowledge can produce designs that seem professional. It has been a great strategy for Canva to market itself as the "design tool for everyone." Canva has been able to reach a large audience by adopting this positioning, including people who might not have thought about utilizing a graphic design tool otherwise.
The messaging from Canva is likewise very succinct and clear. The company's website and promotional materials highlight Canva's advantages, including its affordability, variety of templates, and ease of use. Canva has used this marketing to assist persuade customers that using Canva to produce designs with a professional appearance is the best option. Because of its clever positioning and message, Canva has expanded quickly in the last few years. With more than 60 million active users, the firm has become one of the most widely used graphic creative tools globally.
Mailchimp
A platform for email marketing called Mailchimp assists companies of all kinds in sending email campaigns. With its tagline, "easy-to-use email marketing platform," Mailchimp has had great success establishing its brand. Due of its posture, Mailchimp has been able to draw in a lot of small firms that might not have otherwise used an email marketing platform.
Additionally, Mailchimp's messaging is incredibly succinct and clear. The company's marketing materials and website highlight Mailchimp's advantages, including its robust features, low cost, and ease of use. With the use of this advertising, Mailchimp has been able to persuade companies that using them is the best option for sending email marketing. Thanks to its strategic positioning and message, Mailchimp has experienced remarkable growth in the last few years. The organization is one of the most well-known email marketing platforms worldwide, with over 15 million active users as of right now.
Trello
Trello is a project management application that facilitates better teamwork and task tracking. It has been quite effective for Trello to market itself as the "visual project management tool." Trello's stance has made it easier for it to draw in a lot of teams looking for an easy-to-use visual project management tool. Additionally, Trello's messaging is incredibly succinct and straightforward. The advantages of Trello, including its flexibility, visual interface, and ease of use, are highlighted on the company's website and marketing materials. Teams have been persuaded by Trello's messaging that using Trello is the best option for project management.
Thanks to its strategic positioning and messaging, Trello has experienced remarkable growth in the last few years. The company is one of the most well-known project management solutions worldwide, with over 50 million active users as of right now.
These are just a few instances of B2B SaaS/Tech businesses that have used messaging and positioning, and how it has helped them expand. These businesses have been able to reach the right individuals with their marketing messages and eventually produce more leads and sales by knowing their target demographic and crafting clear and succinct content.
Using Strategic B2B SaaS Positioning to Its Full Potential: Collaborate with Effiqs for Unmatched Outcomes
Recall that your messaging documents and posture will change over time. Your brand positioning and communication will need to change as your product offerings do and new competitors enter the B2B IT market. According to a Forrester Research report, businesses that successfully target their marketing initiatives have a 2.7-fold higher chance of meeting their sales targets. Your team will stay nimble and ready to outwit your rivals if you stay on top of your positioning and messaging plan and always keep it in mind.
To fully utilize the impact of smart B2B marketing positioning, act right away. Speak with the knowledgeable staff at Effiqs right now. Our dedication lies in assisting you in comprehending and establishing a connection with your intended audience that yields concrete outcomes. Allow us to assist you in achieving marketing success that supports your sales objectives and provides you with the necessary competitive advantage. Get in touch with us right now to begin your path to superior B2B marketing! Schedule a free strategy call with our ABM agency CEO, Alex Hollander. Or visit our homepage for more information regarding B2B SaaS & Tech Growth Operations!