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April Dunford @aprildunford RocketWatcher.com
What to do when all of your
marketing results stink
MARKETING
STRATEGY HACKS
Been there, done that,
have a closet full of ugly t-shirts
6: Startups
4: Exits
3: Big Co’s (because, exits)
$2B: Exit value
10: Launches
0 - $20M: Budgets
Sometimes it feels like
nothing works
Signs You May Have a Problem
Tactical Optimization Can’t Fix
•  Growth is stalled.
•  Your metrics overall kinda suck.
•  Your lead quality is low.
•  Your sales team hates you.
There May Be an Underlying Problem
That’s Holding You Back
Example
Situation: Acquisition - inherited team, programs.
Responsible for $300M pipeline, $10M budget
Target: banking and insurance CIO’s
Problem: Flat to negative growth
Hypothesis 1: Lousy execution
Action: Optimization freak out
Result: meh
Hypothesis 2: Stale tactics
Action: New tactics testing
Result: underwhelming
Conclusion: “Dude the Economy blows,
let it ride”
Wait,
WHAT!?
Then I sit on sales calls to hear my best
rep do calls with IT leads…
Could you
pass me to
the head
of sales?
My best rep
Me
All My
Amazing
Marketing
Stuff
Messaging
Email lists
Content
Events
Call scripts
Web
content
Ad
Campaigns
Landing
Pages
Perfectly
optimized
for the
WRONG
BUYERS
Messaging
Email lists
Content
Events
Call scripts
Web
content
Ad
Campaigns
Landing
Pages
Messaging
Email lists
Content
Events
Call scripts
Web
content
Ad
Campaigns
Landing
Pages
It’s
Strategy
Hack
Time
Advanced
Easy
Market Strategy:
2 Things To Hack Around With
1.  Target “Buyers”
2. Market
1/ Finding the best
marketing target
Potential Marketing Targets (B2B)
SolutionEnd Users
Managers
Functional
Execs
Overlay
Functions
(IT, HR,
Finance)
Cross-
Functional
Execs
Who is
important
shifts as the
market
shifts
How to Select the Best Target
1.  Who does our value resonate with the
most?
2.  Who is the easiest to reach?
3.  Who has the most influence on a
purchase?
4. Which audience is underserved (Where
is the competition the weakest)?
Example: Picking a Target
End Users Function
Heads
C-Level
Execs
Understand
the Value
H M M
Easy to Reach H M L
Purchase
Influence
L M H
Underserved H L L
Solution: Tool for business analysts to improve
requirements management process
Example: Picking a Target
End Users Function
Heads
C-Level
Execs
Understand
the Value
H M M
Easy to Reach H M L
Purchase
Influence
L M H
Underserved H L L
Solution: Tool for business analysts to improve
requirements management process
Selling
Here
Example: Picking a Target
End Users Function
Heads
C-Level
Execs
Understand
the Value
H M M
Easy to Reach H M L
Purchase
Influence
L M H
Underserved H L L
Solution: Tool for business analysts to improve
requirements management process
But this
looks
Interesting
(and scary)
Can We Really Sell Here?
End
Users
Function
Heads
C-Level
Execs
Understand
the Value
H M M
Easy to
Reach
H M L
Purchase
Influence
L M H
Underserved H L L
Tests:
ü  Marketing Content
(making the case to
your boss for XX)
ü  Offerings - Free Trial,
Free for end users,
managers pay later
ü  Pricing Models – per
user vs. per enterprise
More deals, higher close rates,
increased pipeline velocity
2/ Finding the best market to
position your solution in
Every Product Can be Positioned in
More than One Market
VS.
Sometimes the
Market You’re
Currently
Positioned in
Just Sucks
Market Frame of Reference Signals
Many Things to Your Market
1.  Competitive comparable
2. What you are good at (and bad at)
3. What your price should be
4. Who you are for
I know
what you
are, you’re a
Data
Warehouse
But I thought I
was a
database!
Market Repositioning Example
Positioning Comparison
Database Data Warehouse
Competitive
Alternative
Oracle, Microsoft Crummy startups
Expected
Strengths
Be better than my
current database at
everything
Be better than my database
at running a wicked fast
query on a big data set
Expected
Price
$$ $$$$
Who is This
For?
Pretty much every
business
Businesses who need to
analyze a big data set
Positioning Comparison
Database Data Warehouse
Competitive
Alternative
Oracle, Microsoft Crummy startups
Expected
Strengths
Be better than my
current database at
everything
Be better than my database
at running a wicked fast
query on a big data set
Expected
Price
$$ $$$$
Who is This
For?
Pretty much every
business
Businesses who need to
analyze a big data set
How Can You Tell if Your
Market Positioning is a
Problem?
Testing Your Positioning
Symptoms Tests
Prospects don’t
get what you do
Test messaging that sets you against a different
comparison product.
Your value prop
is weak
Interviews/Surveys – why do current customers love your
stuff? Does it match your messaging?
Prospects think
you’re “me too”
Interview/survey customers – what do they think sets you
apart? Does that match your messaging?
Competitors are
killing you
Interview/survey customers - what was #1 buying reason?
Is there a different market that cares more about that?
What is it
As short as possible statement
that describes what you are.
Target Segment
The specific target market you are
targeting in the short term
Market Category
The market that you compete in
Competitive Alternatives
If your customers don’t use you,
what do they use
Key Benefit
The biggest benefit that your
target market derives from your
offering
Primary Differentiation
The one thing that sets you apart
the most from the competitive
alternatives
Capture and Revisit Your Positioning
RocketWatcher.com
Thanks!
@aprildunford
RocketWatcher.com

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Marketing Strategy Hacks

  • 1. April Dunford @aprildunford RocketWatcher.com What to do when all of your marketing results stink MARKETING STRATEGY HACKS
  • 2. Been there, done that, have a closet full of ugly t-shirts 6: Startups 4: Exits 3: Big Co’s (because, exits) $2B: Exit value 10: Launches 0 - $20M: Budgets
  • 3. Sometimes it feels like nothing works
  • 4. Signs You May Have a Problem Tactical Optimization Can’t Fix •  Growth is stalled. •  Your metrics overall kinda suck. •  Your lead quality is low. •  Your sales team hates you.
  • 5. There May Be an Underlying Problem That’s Holding You Back
  • 6. Example Situation: Acquisition - inherited team, programs. Responsible for $300M pipeline, $10M budget Target: banking and insurance CIO’s Problem: Flat to negative growth Hypothesis 1: Lousy execution Action: Optimization freak out Result: meh Hypothesis 2: Stale tactics Action: New tactics testing Result: underwhelming Conclusion: “Dude the Economy blows, let it ride”
  • 7. Wait, WHAT!? Then I sit on sales calls to hear my best rep do calls with IT leads… Could you pass me to the head of sales? My best rep Me
  • 8. All My Amazing Marketing Stuff Messaging Email lists Content Events Call scripts Web content Ad Campaigns Landing Pages
  • 12. Advanced Easy Market Strategy: 2 Things To Hack Around With 1.  Target “Buyers” 2. Market
  • 13. 1/ Finding the best marketing target
  • 14. Potential Marketing Targets (B2B) SolutionEnd Users Managers Functional Execs Overlay Functions (IT, HR, Finance) Cross- Functional Execs Who is important shifts as the market shifts
  • 15. How to Select the Best Target 1.  Who does our value resonate with the most? 2.  Who is the easiest to reach? 3.  Who has the most influence on a purchase? 4. Which audience is underserved (Where is the competition the weakest)?
  • 16. Example: Picking a Target End Users Function Heads C-Level Execs Understand the Value H M M Easy to Reach H M L Purchase Influence L M H Underserved H L L Solution: Tool for business analysts to improve requirements management process
  • 17. Example: Picking a Target End Users Function Heads C-Level Execs Understand the Value H M M Easy to Reach H M L Purchase Influence L M H Underserved H L L Solution: Tool for business analysts to improve requirements management process Selling Here
  • 18. Example: Picking a Target End Users Function Heads C-Level Execs Understand the Value H M M Easy to Reach H M L Purchase Influence L M H Underserved H L L Solution: Tool for business analysts to improve requirements management process But this looks Interesting (and scary)
  • 19. Can We Really Sell Here? End Users Function Heads C-Level Execs Understand the Value H M M Easy to Reach H M L Purchase Influence L M H Underserved H L L Tests: ü  Marketing Content (making the case to your boss for XX) ü  Offerings - Free Trial, Free for end users, managers pay later ü  Pricing Models – per user vs. per enterprise More deals, higher close rates, increased pipeline velocity
  • 20. 2/ Finding the best market to position your solution in
  • 21. Every Product Can be Positioned in More than One Market VS.
  • 23. Market Frame of Reference Signals Many Things to Your Market 1.  Competitive comparable 2. What you are good at (and bad at) 3. What your price should be 4. Who you are for
  • 24. I know what you are, you’re a Data Warehouse But I thought I was a database! Market Repositioning Example
  • 25. Positioning Comparison Database Data Warehouse Competitive Alternative Oracle, Microsoft Crummy startups Expected Strengths Be better than my current database at everything Be better than my database at running a wicked fast query on a big data set Expected Price $$ $$$$ Who is This For? Pretty much every business Businesses who need to analyze a big data set
  • 26. Positioning Comparison Database Data Warehouse Competitive Alternative Oracle, Microsoft Crummy startups Expected Strengths Be better than my current database at everything Be better than my database at running a wicked fast query on a big data set Expected Price $$ $$$$ Who is This For? Pretty much every business Businesses who need to analyze a big data set
  • 27. How Can You Tell if Your Market Positioning is a Problem?
  • 28. Testing Your Positioning Symptoms Tests Prospects don’t get what you do Test messaging that sets you against a different comparison product. Your value prop is weak Interviews/Surveys – why do current customers love your stuff? Does it match your messaging? Prospects think you’re “me too” Interview/survey customers – what do they think sets you apart? Does that match your messaging? Competitors are killing you Interview/survey customers - what was #1 buying reason? Is there a different market that cares more about that?
  • 29. What is it As short as possible statement that describes what you are. Target Segment The specific target market you are targeting in the short term Market Category The market that you compete in Competitive Alternatives If your customers don’t use you, what do they use Key Benefit The biggest benefit that your target market derives from your offering Primary Differentiation The one thing that sets you apart the most from the competitive alternatives Capture and Revisit Your Positioning RocketWatcher.com