laying a foundation for startup growth

22
April Dunford, COO, Tulip Retail @aprildunford Rocketwatcher.com Laying A Foundation for Startup Growth

Upload: april-dunford

Post on 25-May-2015

13.253 views

Category:

Business


4 download

DESCRIPTION

Marketing tactics layered on a flawed foundation will fail. This presentation outlines what the foundational elements of a growth strategy are and how to leverage them in your startup marketing and sales efforts.

TRANSCRIPT

Page 1: Laying a Foundation for Startup Growth

April Dunford, COO, Tulip Retail

@aprildunford Rocketwatcher.com

Laying A Foundation for

Startup Growth

Page 2: Laying a Foundation for Startup Growth

Warning: You’re Going to Hate this Talk

Page 3: Laying a Foundation for Startup Growth

Everyone Wants Marketing Magic

Page 4: Laying a Foundation for Startup Growth

The Trick that Makes the Money Appear

Page 5: Laying a Foundation for Startup Growth

On the Surface Marketing Seems Easy

Page 6: Laying a Foundation for Startup Growth

The Tactics Are Easy to Learn

There’s an “ultimate” guide for anything (millions of them)

Page 7: Laying a Foundation for Startup Growth

But Startup Folks Never Say Making Money is Easy

Page 8: Laying a Foundation for Startup Growth

Why is This So Hard?

Page 9: Laying a Foundation for Startup Growth

Perfect

Tactics

On a

Flawed

Foundation

FAIL

Page 10: Laying a Foundation for Startup Growth

Foundational Elements

Page 11: Laying a Foundation for Startup Growth

1 Deep Understanding

of your

Target Customer

Page 12: Laying a Foundation for Startup Growth

Target Customer

Target Customer

Unique Qualities

Specific Pain

Gathering Spots

How They Learn

Page 13: Laying a Foundation for Startup Growth

Story: How is the CEO of a manufacturing plant similar to a banker? They aren’t.

Page 14: Laying a Foundation for Startup Growth

Story: That time my best inside sales rep taught me all my marketing programs

were crap

Page 15: Laying a Foundation for Startup Growth

2 Clear,

Customer-Oriented

Messaging

Page 16: Laying a Foundation for Startup Growth

Messaging

Message

What do we do?

Unique Value Alternatives

Proof

Page 17: Laying a Foundation for Startup Growth

Story: Databases aren’t always Databases and Neither are

Integration Platforms

Page 18: Laying a Foundation for Startup Growth

3 Understanding

The Target Customer’s

Buying Process

Page 19: Laying a Foundation for Startup Growth

Understand the Buying Process

No Need Need Eval Buy Enjoy Re-new

Knowing the cost of not solving the problem

Knowing the Value of solving the problem

Knowing the value of your solution

Why purchase now?

Using and enjoy the offering

Knowing I can’t do without the offering

Current solution good enough

Value not compelling Risks too high

Not knowing how to evaluate Great but not for me

I might change my mind Too much $

Bad service, Bad user experience Not using

Decided there was no need Move to other solution

Accelerators

Friction points

Page 20: Laying a Foundation for Startup Growth

Mapping Tactics to a Buying Process

Buying Stage No Need, Need Eval, Buy Enjoy, Refer, Renew

What Problem-Focused Content/Programs

Solution-Focused Content/Programs

Activation/Engagement-Focused Content, Programs

Examples Articles/blog posts, Industry data, trend reports, curated content

Articles/blog posts, webinars, events, case studies, ROI calculators, advertising

Support content, How to guides, Best practices guides Forums, User Conferences

Where Where prospects are Partly where they are, partly your turf

Mainly your turf

Purpose Educate, Entertain, Engage

Differentiate, move to eval or sell

Experience value, create raving fans

Action Permission to “market”: likes, follows, newsletter/blog signups

Permission to “sell”: give contact info, trial sign-up, purchase

Renewals, Referrals

Page 21: Laying a Foundation for Startup Growth

Story: How I learned to love

the Proof Of Concept

Page 22: Laying a Foundation for Startup Growth

Thanks

Slides:

rocketwatcher.com

@aprildunford