7 Successful Marketing Strategies for Technology, Software & Saas Companies (2023)

Table of Contents
The way enterprise technology and software companies need to approach marketing is evolving, and it is imperative to leverage tactics that will produce real results. Original Video Content Video content as a marketing tool is becoming extremely prevalent with technology companies to introduce their solutions. While someone might not have the time to go through a product or company datasheet, almost everyone has the time to watch an entertaining, engaging two or three-minute video about a solution that might be of value to them. 73% of B2B marketers report positive ROI results from video content. Top three most effective types of video content: Customer testimonials (51%); Explainer/tutorial videos (50%); Demonstration videos (49%). Influencer Marketing Business leaders and enterprise decision makers often look to others who are experts in their field when evaluating new technologies to purchase and implement. Technology companies are increasingly partnering with influencers to up their credibility and social media reach. High-Value Content The amount of digital content being generated today is astounding. And it ranges from high-quality, unique content all the way down to content mills and “clickbait” that people don't necessarily get much out of. The same is true for content in the B2B technology marketing space. Live Event Integration In a post-pandemic world, it might seem counterintuitive, but with so much emphasis being placed on digital marketing, face-to-face interactions are becoming that much more important. While much of the time enterprise solutions can build a case for themselves solely via digital channels, many tech buyers want to get to know their partners in person to separate contenders from pretenders. “91% of B2B marketers today invest in Event Marketing” “Plan for some engaging (and non-intimidating) ways to attract people to your booth that go deeper than just collecting business cards. I've seen photo booths and other fun activities as ways to get people to stop and see what's going on.” Marketing Automation Tools A critical part of staying on top of, contacting, and nurturing leads for enterprise tech companies is employing a marketing automation tool. To build a sustainable and predictable revenue model, you'll need to have automated systems for collecting leads, building a marketing pipeline, segmenting contacts, and marketing to them on a consistent (and intelligent) basis. “Of the top performers in B2B, 69% use Marketing automation for Customer acquisition and 50% for Customer Retention.” “80% of B2B marketers consider it a core requirement of their jobs to understand and use marketing technology” Existing Customer Re-Marketing One of the best – and often most overlooked – ways that enterprise technology companies can increase revenue through marketing efforts is by targeting their current customers. By having systems, processes, and programs in place to remarket to active customers, you'll be able to build out an infrastructure that facilitates consistent retention, upsell and cross-sell of additional products, features, and services. “Instantly reduce expenses by mining your community for user-generated content that can be used in marketing collateral. Any marketing message that can be pulled from the community, is a direct savings to your marketing budget.” “Once a potential customer has spent money, a customer community gives them a place to talk about it, to integrate it into their own personal brand and to build connections with other customers based on their purchase. When you release further products in the future, or offer post-sale upsells and upgrades, those connections still exist.” InteractiveTools & Experiences Interactive content has been an emerging trend in enterprise technology marketing for some years, and it's evolving in many interesting ways. Things like calculators, assessments, and other tools lend to deeper engagement and higher quality lead generation because prospects are more invested in the outcome. Adding A Real-Time Factor “88% of marketers say interactive content is effective at differentiating their brand.” “Interactive content will continue to be relevant for the B2B segment. In the near future, more mediums will surface enabling marketers to better utilize digital channels and explore new formats to accommodate B2B marketing collaterals.” Key Takeaways FAQs Videos

The way enterprise technology and software companies need to approach marketing is evolving, and it is imperative to leverage tactics that will produce real results.

In the face of increased competition for attention on digital channels, technology companies in the B2B sector struggle to reach the right decision makers on the right channels to increase their sales funnels. The ability to connect with these decision makers about an important issue, goal or challenge to their business can have a dramatic impact on the success of most enterprise technology organizations.

So what's a technology company to do? To maximize their investment in marketing initiatives, organizations should look for strategies and tools that have the most potential to engage decision makers by demonstrating that they understand the challenges their target industry faces, that they're a thought leader and have a unique solution that can provide substantial ROI.

Towards that end, we'll look at some of the best ways technology companies can do just that. Here are seven key marketing strategies that enterprise tech companies can use to transform how they market themselves.

Chapter 1

Original Video Content

Video content as a marketing tool is becoming extremely prevalent with technology companies to introduce their solutions. While someone might not have the time to go through a product or company datasheet, almost everyone has the time to watch an entertaining, engaging two or three-minute video about a solution that might be of value to them.

Here are the main areas to focus on when producing video content to market your product or solution:

Great Stories

While your technology is probably complex, robust, and overall impressive, when using video to market your solution, you should focus on telling a compelling story. Walk the viewer through how your product helped a specific customer get from “A to Z”, how your company started or how a team developed a specific feature. Hook people with a good, easy-to-understand story first, then dig into specifics with them later on sales calls.

Fun Videos

Just because you're in the B2B enterprise space doesn't mean that your videos should be dry and technical. In fact, you should instead aim to create engaging, entertaining content. Using a video maker to create content that is particularly funny, humorous, or enjoyable will help you stand out from the crowd. Take New Relic, for instance. The most popular video on the New Relic YouTube channel isn't a webinar or tutorial, it's a funny rap video about coding made by one of their employees.

Useful Content

Your video content strategy should also make room for educational content. This can include things like tutorials on how to use your solution, product demos, webinars about industry trends and best practices, or “how-to” style videos. Webinars are particularly useful because by requiring people to exchange their contact information to register, you'll be able to build your contact database and engage in marketing or sales activities with those contacts in the future.

Client Testimonials

There are few things more powerful from a technology marketing standpoint than your target buyer saying to themselves, “That solution worked for another company just like ours, so maybe it will work for us too?” Client testimonials serve as reliable, peer-to-peer endorsements for your brand to prospective customers.. And if your solution serves multiple verticals, you'll want to collect testimonials for each individual sector, if possible.This Salesforce customer testimonial video with Dunkin’ Donuts hits the nail on the head, because it's targeted towards their retail prospects and has a brand that's well known in the industry.

Create Animated Infographics

Most enterprise B2B companies have been producing infographics for some time now. They're an easy, colorful way to present facts and information about your company or industry to potential buyers. However, more marketing-savvy tech companies are taking things a step further by producing animated infographics. These short 1-2 minute clips contain all the information that you would typically present on a traditional infographic but in more of a “slide by slide” format set to music. Animations are then added to help bring the statistics to life.

This animated infographic about video marketing stats by Insivia, for instance, contains much of the same data and visual elements that a normal infographic would have. What makes it stand out is that it's able to walk the viewer through the details in a more engaging and entertaining way. That's what animated infographics are great for, not just presenting numbers but telling a story with them.

Create Animated Explainers

Animated explainer videos take the product, service, or solution you offer and illustrate it to B2B buyers in a fun, digestible format. Check out the animated explainer we created for Binary Defense.

Rather than having to spend the time scrolling through a datasheet about what it is, the problem it solves, and how it works, viewers get a clear picture of what their vision product is in under two minutes. And what's more, since the video is light and engaging, viewers are more likely to watch it through to the end and retain more of the critical information you want them to remember.

As a general guide, you should focus your videos on being between 2-15 minutes in length. Testimonials and product overviews will obviously tend to be shorter at around 2 minutes while demos and tutorials should be on the longer end.

    1. Using the word ‘video' in an email subject line boosts the open rates by 19%.
    2. 54% of senior executives share work-related videos with colleagues weekly.
    3. Including video in a landing page can increase conversion by 80%.
    4. Four times as many customers would rather watch a video about a product than reading about it.

The point with video and animation is this: give prospects entertaining, bite-sized chunks they can consume to get to know your company, your technology and your customers. Once the begin to understand (and trust) all three, they'll be more ready to engage in a sales cycle.

Hubspot

73% of B2B marketers report positive ROI results from video content.

Ascend2 Report 2015

Top three most effective types of video content: Customer testimonials (51%); Explainer/tutorial videos (50%); Demonstration videos (49%).

Chapter 2

Influencer Marketing

Business leaders and enterprise decision makers often look to others who are experts in their field when evaluating new technologies to purchase and implement. Technology companies are increasingly partnering with influencers to up their credibility and social media reach.

But companies today struggle just to be seen or heard amidst the constant noise of others trying to market their product or service. Tech buyers are also becoming increasingly smarter and more desensitized to the marketing they receive daily.

As such, they are becoming more reliant on others whom they trust or admire to share their experiences with an enterprise solution, platform, product or service before they consider it within their own organizations. This leaves an incredible opportunity for companies to leverage influencers, who have built a loyal following and credibility within an industry, to market to enterprise decision-makers.

Here are four steps to begin developing your influencer marketing program:

Identify Target Buyers

If you haven't already, the first step is to develop several buyer personas for your solution. Likely you'll have one for CEO, and other for IT, and maybe another for Sales & Marketing. Know what their goals and challenges are, what kinds of content they prefer, and who they're likely to follow and engage with online.

Determine Industry Influencers

Next, you'll want to identify the peers, bloggers, publications and industry experts that your target buyers are following. The easiest way to start is by connecting with some of your target prospects (and existing customers) on LinkedIn to see who they're following, and what groups they participate in. Also, follow some of your target buyers on Twitter, and see who they're following and retweeting.

Build Social Credibility

A critical part of influencer marketing in the enterprise technology space is establishing yourself as an independent thought leader. Influencers won't be willing to engage with you if they sense all you're looking for is some free social media visibility. That's why developing high-quality content such as whitepapers, blog posts, and webinars is critical for laying the foundation to get influencers on board.

Once you've developed this content, share it (along with other useful content you may come across), on social media and within the groups and message boards that influencers frequent. The important things are to be knowledgeable, add value, and have a perspective.

Bridge the Gap to In-Person

The great thing about influencers is that they're usually sought after in terms of live events, speaking engagements, and conference appearances. That puts them in a unique position to bridge the gap between your digital marketing efforts and live, physical interactions.

If you can collaborate with an influencer on a presentation at a live event, for instance, you can allow people access to those slides after the presentation in exchange for their contact information (known as “gated content”). You can then leverage that info to place those prospects into a marketing automation system for ongoing nurture campaigns.

Fastest Growing Online Customer Acquisition Methods

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(Video) 3 Cutting Edge SaaS Marketing Strategies That Work In 2021

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Source: Tomoson Influencer Marketing Study

In addition to these steps, there are a number of tools that can help you build your network with influencers. Here are some perfect ones:

FollowWonk

FollowerWonk allows you to search terms to find Twitter profiles sorted by the number of followers and tweets. This lets you quickly find influencers on Twitter who you can follow and begin to engage with. Once engaged a little, don't be afraid to pick up the phone.

BuzzStream

A great tool to find influencers, connect and manage your network of influencers. BuzzStream is a robust tool for influencer marketing and can help you build a real strategy for making the right connections count.

Onalytica

Upload any piece of content and Onalytica's algorithm will find the top related influencers for that content. Identify key influencers, engage them, and measure the results and impact of your influencer marketing activities.

GroupHigh

GroupHigh helps you find bloggers and other social influencers, manage those relationships and even measure the value of your content.

MuckRack

MuckRack helps marketers find relevant journalists and bloggers, receive alerts, and build media lists. It also helps journalists, bloggers, and editors showcase their work, track shares, and grow their following. A great tool for better Public Relations which is an impactful influencer strategy.

PitchBox

Discover influencers including contact information and social profiles, create personalized outreach messages, automate follow-up, and track results.

BlogDash

BlogDash is the most efficient, effective platform by which you can reach 200K+ bloggers and grow every day. These bloggers have specifically opted in to connect with brands like yours and help you achieve web-wide recognition.

Traackr

Traackr's IRM platform is your system of record to manage, expand, validate, and scale your global influencer marketing.


Building your influencer network and leveraging them can be a full time job, but worth both the effort and investment.

Demand Gen Content Preference Survey

“72% of technology buyers look to industry peers while researching relevant content for B2B purchase decisions.”

Brittany Rothnem, Principal at Rothnem Integrated Marketing

“People naturally give more credibility based on someone else raving about you, versus you promoting yourself.”

Chapter 3

High-Value Content

The amount of digital content being generated today is astounding. And it ranges from high-quality, unique content all the way down to content mills and “clickbait” that people don't necessarily get much out of. The same is true for content in the B2B technology marketing space.

No matter what your industry, there's likely a multitude of competitors vying for eyeballs, some of which probably don't put a lot of time and effort into their content. What smart enterprise tech companies of the future will do is stray away from this kind of short-term thinking to simply generate click-throughs, but to develop a consistent program of high-value content that will foster long-term trust between your target buyers and your brand.

It's a struggle for companies to bite the bullet and invest in providing content that does not always mention their name or provide for “quick wins.” Content creation can be very expensive. But there are two things that tech marketers need to realize when it comes to high-value content: The Rule of Reciprocity and the growing struggle for companies to be heard.

“The Rule of Reciprocity is that when you provide something of value, the recipient feels the need to give something in return. This may not happen right away. But eventually, the more value you provide, the more prospects will rely on you for high-value content and give you their time in return.”

Brittany Rothnem, Principal at Rothnem Integrated Marketing

And because so many other companies are striving for attention, getting past that initial point of entry makes high-value content even that much more necessary. But once you get past that point, and earn trust with your target buyers, you'll be in a better position to complete sales than competitors that have been taking the cheap, low-value approach.

Whether you develop content in-house or decide to outsource to an agency or content platform, here are five traits that all your high-value content should share:

Tell Better Stories

Every article, blog, or piece of content tells a story (even clickbait). The key is to tell better stories than your competitors. Take the time to analyze what others in the space are doing, and work to develop more unique (and more useful) stories than what's currently out there. Remember, helping your audience is more important than helping yourself.

Some of today's biggest brands tell great stories of how their solutions solve customer problems, impact customer lives or just provide an entertaining view on their business and culture. Think about how you would want to consume information. A B2B technology company can appeal to the humans they are selling to through powerful and even emotion-evoking content.

Rethink how you are telling your current stories and if they could be redefined as a documentary of a customer's journey, a powerful interview or a day-in-the-life of an employee helping customers solve challenges.

Personalize for Each Stakeholder

Again, your high-quality content strategy should flow from your buyer personas. You might put out a few great stories to begin with, but they'll probably resonate with some roles over others. Not all your content will be accepted by everyone, and that's ok. What you're trying to do is build credibility and thought leadership for each stakeholder individually, so in the end they'll come together and agree upon your solution based on their own intrinsic motivations.

It's important that when you create strategies and an editorial calendar that you develop an Audience Matrix that defines each person at a company who could be involved in researching or deciding to use your product. For each of those stakeholders, you can define their pains, goals and motivating factors – building a persona for each target customer is a must-do first step.

Centralize Your Content Experience

While individual pieces of content should be personalized, they should all come together in one centralized digital experience that's connected to your brand. Having a “Resources” page on your website, for example, will drive everyone into one experience yet people will be able to find the stories and information that's most useful to them. This goes for your social media accounts and video channels like YouTube as well.

Building a platform for content delivery that is connected will increase prospect confidence with each new story they interact with and improve their knowledge during the sales process. Built properly, these platforms can funnel leads through to conversion and into your overall marketing ecosystem.

Deliver Real Value

Most important to any tactic is to deliver real value. First, if the audience doesn't get value, they will not convert to the next stage of your marketing process whether a signup, download or buy. Even if you can get a lot of people to find your content, a lack of value will repel them from moving further which is the ultimate goal.

Second, when you deliver real value, it creates a positive brand impression. Your audience will lock in their minds that you are the subject matter expert and when they need help, you are the best resource to talk to. A positive brand impression can last for when you reach them through other marketing channels and increase the likelihood of conversion there.

So, what is “real value”? It isn't just the surface-level info a visitor can get anywhere. The challenge here is to get over the fear of giving away too much – which many companies are afraid of. Wouldn’t you rather give away a couple of secrets to gain new customers than hold onto them and not acquire new leads?

The best place to look for these resources and areas of expertise is within your own company. What tools do you use, what questions do your customers have and what secret tactics or methods do you covet? Giving away more than the competition can give your company an edge balloon and significantly increase prospect confidence.

Make Content Extremely Unique

And lastly, make it unique in some way. Today, people are inundated with information and content because the tactic has significantly grown in popularity. Whether the information or the delivery is unique, it must stand out.

Consider different media such as video, animation, or apps – maybe even consider past tactics such as direct mail. If you can make the information valuable and unique while delivering it in an unexpected way, it will pay off in spades.

“In our weekly editorial meetings, story pitches have to pass a basic litmus test: Has this story been done before? If so, has it been done well? If the answer to both of those questions is yes, it gets rejected.”

Joe Lazauskas, Contently Editor in Chief

When To Use What Type of Content

The following graphic represents what content can be used in different scenarios. Companies should have a wide range of content to reach people of different personalities, consumption preferences, and stages of the sales cycle.

The following graphic shows the type of content from left to right based on where they are in their buying stage while the top to bottom displays the engagement experience type.

Content Usage Matrix7 Successful Marketing Strategies for Technology, Software & Saas Companies (1)

(Video) 7 SaaS Marketing Strategy Tips

Chapter 4

Live Event Integration

In a post-pandemic world, it might seem counterintuitive, but with so much emphasis being placed on digital marketing, face-to-face interactions are becoming that much more important.

While much of the time enterprise solutions can build a case for themselves solely via digital channels, many tech buyers want to get to know their partners in person to separate contenders from pretenders.

Depending on where your solution, and organization, stand in the marketplace you'll likely have a different focus when attending live events.

Here are four reasons to integrate live events with your digital marketing efforts, depending on your core marketing needs at any given time:

Branding and Awareness

Especially for early-stage startups and tech companies, your main challenge may just be getting noticed in the marketplace. Take live events as an opportunity to showcase one or two “wow” factors about your solution and to share the history behind yourself and your company. The goal is to simply get the word out there, so when prospects do finally evaluate solutions like yours, you'll be in the running.

Lead Generation

For businesses in a more mature stage, it may be more imperative to generate sales leads face-to-face. Planning is critical, so make sure to reach out to key prospects well in advance to drive attendance to the event (and your booth). Have systems in place for collecting contacts, qualifying leads, and setting up follow-up sales appointments either during or after the event.

Customer Engagement

Live events are a great way to meet and greet current customers in a more fun, low-pressure format. Since they're already customers, you'll be able to get to know them on a more personal level, casually discuss their success with your solution, and discover if there are any potential up-sell opportunities.

Education

Some of the most effective live event marketing that enterprise tech companies do comes in the form of educational content and workshops. This is great for drawing in both current customers and new prospects, especially decision-makers on the technical side. Again, you'll want to collect contact info upfront prior to any training session and follow up to see what they got out of it and if they're potentially a sales-qualified lead.

Make sure to stay active and engaged on social media both prior to and after the event. Encourage employees (especially your sales team) to spread the word on Facebook, Twitter, and LinkedIn to maximize the chances of active prospects attending, meeting and moving further along the sales cycle.

Live events can provide you quick exposure to a volume of prospects, but because you may not get much 1-on-1 time, it is imperative that you create a smart strategy to nurture and convert those leads. First, let's start with collecting leads:

Ideas for Collecting Leads At Events

  1. If you have a booth, have a drawing to collect cards – whether a contest, offering discount services or have people register for an upcoming webinar.
  2. Make sure your sales team doesn't have chairs, cell phones or excuses to stand behind a table. Get them out meeting people and asking for business cards.
  3. If you have a workshop or presentation, offer slides and other related content on a landing page that requires attendees to enter their contact details.
  4. Hold a happy hour and invite your VIP prospects – just make sure it doesn't interfere with the event.
  5. Get reciprocal – tell attendees about other booths that are good or offer to introduce to a speaker (make sure you meet them early). If you send people to other booths, they will often do the same.
  6. Create some partnerships – do joint follow-ups with other booth companies or partner with a speaker to sponsor a slide or their follow up.

Nurture Those Leads

Collecting leads is important, but too many companies don't utilize them correctly after the event. It is a waste of time and money if you don't see the process through.

During your event (if possible) or soon after,, leads should be entered into your marketing automation (the next chapter in this e-book) or CRM software. You should have a distinction for leads that want direct follow ups versus those who are collected. Following up too hard on attendees who submitted a card or came to a workshop will just turn them away.

Set up a sequence of follow up emails and event direct mailers that are not too pushy – any leads from a “slide download” page can be put into this segment as they come. This process is called nurturing and should provide the lead with value while conveying your key brand messages.

Some ideas for soft follow-ups right after your event are:

  • Send a summary of the highlights of the event with quotes from speakers and resources recipients may not have gotten.
  • Shoot video at the event and provide a similar summary, but more engaging.
  • Provide relevant articles, videos or tools (checklists, calculators) that follow the theme of the event or the main keynote speeches.
  • Collect all the speakers slides, domains and some of their key content and send a series of e-mails to give greater depth.

The key here is not to jump into selling, but instead show your prospects you are knowledgeable, engaged, and care about providing them value. Doing this first and then building up to a demo or call will open the gate rather than quick rejection from a hard sales approach.

Regalix State of B2B Event

“91% of B2B marketers today invest in Event Marketing”

Lisa Gerber, owner and founder, Big Leap Creative Integrated Communications

“Plan for some engaging (and non-intimidating) ways to attract people to your booth that go deeper than just collecting business cards. I've seen photo booths and other fun activities as ways to get people to stop and see what's going on.”

(Video) Top 5 Social Media Marketing Strategies for IaaS, SaaS, and Fintech

Chapter 5

Marketing Automation Tools

A critical part of staying on top of, contacting, and nurturing leads for enterprise tech companies is employing a marketing automation tool. To build a sustainable and predictable revenue model, you'll need to have automated systems for collecting leads, building a marketing pipeline, segmenting contacts, and marketing to them on a consistent (and intelligent) basis.

Marketing automation helps B2B enterprise companies nurture, qualify, and pass leads over to sales when they're finally ready. This is essential in the technology space, as both pre-sales and sales cycles can last weeks, months, and even years. What tool you use will depend on the size of your company, as well as the nature of your solution and target buyer.

Here are three of the most popular and effective marketing automation tools that you should consider implementing within your organization (if you haven't already):

Marketo

One of the most powerful and popular marketing automation systems on the market. If you're currently using SalesForce.com for Customer Relationship Management (CRM), then Marketo is almost a no-brainer due to its seamless integration. Marketo is great for managing and segmenting lists, as well as delivering rapid-fire email content. However, Marketo hits it's limit and begins to slow down if your web page experiences high amounts of web traffic, or leads in the database exceed 750k.

Eloqua

Recently acquired by Oracle and now under their Marketing Cloud umbrella, Eloqua is a robust B2B marketing automation platform that outperforms Marketo with large databases. Eloqua also has what is considered the best customer and prospect insights engine, giving marketers detailed and granular analysis of how users are reacting to marketing emails they receive. The major downside to Eloqua is that it has so many capabilities that the user interface is often non-intuitive and difficult to execute. Eloqua can do more than 99% of marketing automation systems out there, but the learning curve can be steep.

SilverPop

Now part of IBM's marketing cloud, SilverPop is a competitive enterprise marketing automation solution that differentiates itself with more mobile, text and SMS marketing capabilities than the competition. It has an intuitive UI (user interface), a user-friendly database structure, and allows for relative ease of email creation. On the downside, Silverpop doesn't have as many native integrations as Marketo and Eloqua, and tends to slow down when processing large data sets.

There are many other Marketing Automation Systems available and now many are part of a platform that also includes CRM, Customer Service, and a wide range of other features.

If you are an organization looking to generate leads for sales teams, then Marketing Automation combined with lead scoring can significantly improve your entire approach to marketing.

Here are some high-level points on marketing automation to help you understand the value.

Automation

A process of automating follow-ups to potential customers. eMail sequences can be scheduled to automatically be sent based on rules to contacts captured through your website or other marketing tactics.

Lead Scoring

Each interaction that you have with a prospect can attribute points to them and the more points a prospect earns, the more “qualified” of a lead they become in the system. Open an email, they get 5; click a link, they get 10; visit a page, they get 20.

Combined with automation, we can consistently reach many people and create a ranking of the most engaged prospects.

Segmentation

The organization of prospects into like groups or leveraging data to target prospects with information most relevant to them. Segmentation is one of the most important topics in marketing and is central to marketing automation.

These three aspects are only scratching the surface of marketing automation but they should be enough to peak your interest to learn a lot more about what platforms like these can do for your marketing – especially for technology and software companies.

ACT-ON and Gleanster Research

“Of the top performers in B2B, 69% use Marketing automation for Customer acquisition and 50% for Customer Retention.”

Forrester

“80% of B2B marketers consider it a core requirement of their jobs to understand and use marketing technology”

Chapter 6

Existing Customer Re-Marketing

One of the best – and often most overlooked – ways that enterprise technology companies can increase revenue through marketing efforts is by targeting their current customers. By having systems, processes, and programs in place to remarket to active customers, you'll be able to build out an infrastructure that facilitates consistent retention, upsell and cross-sell of additional products, features, and services.

Efforts and investments here can pay off many times over. Not only can you increase the spending of existing customers, but by staying top-of-mind with them, you create an army of advocates building referrals. Most companies miss the opportunity by not putting a serious and thorough plan specifically for customer remarketing.

Here are three of the main ways that you can remarket to increase the lifetime value of current customers:

Customer Portals

If your customers are having great success with your solution, they're probably logging in daily, if not more. How you design and maintain your customer portal can contribute to ongoing marketing efforts to your current customers.

Once a user logs in, you can design the portal as an “information hub” that acts as a central location where you can do things like announcing new products, alert users to live events, or ask for suggestions on how to improve your solution. These are all “top of the funnel” marketing activities that can eventually lead to up or cross-sales.

Nurturing Programs

The last thing you want to do after you onboard a new customer is to remove them from your marketing automation program. However, it's a common mistake that many B2B enterprise tech organizations make. What you want is to design separate nurturing programs for existing customers.

The number of touches might be more infrequent, and the messaging will be much more consultative. Your existing customer nurturing program should include things like webinars, customer success workshops, and live events in their area. By seeing the topics of webinars customers attend, for example, you'll gain some insight into what their ongoing needs are and if there are any additional features or services they might be interested in purchasing.

Customer Communities

Building out customer forums and communities is another great way to keep current customers engaged with your brand on a consistent basis. In general, people engage in communities to disseminate new information about their industry, “talk shop” with their peers, or collaborate with other professionals.

While customers will work with each other (and your employees) to maximize the value they receive from your solution, you should use communities to continually establish thought leadership through high-value content.

If you have a new whitepaper or eBook coming out, customer communities are a great place to announce it to get the conversation going and to see which customers are interested in that specific topic.

Any customer marketing program should utilize multiple channels and tactics and should be measured and adjusted over time to work best for your specific customer base. Below are two graphs that show what existing marketers focused on customer retention and marketing do and what channels are found to be most effective.

If you do not already have a customer marketing program, this data might help you decide where to start:

Existing Customer MarketingActivities

Source: Demand Influence Survey

Most Effective MarketingChannels forExisting Customers

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(Video) B2B Lead Gen Secrets for Software Companies, Development Agencies and SAAS Products (100+ Leads/mo)

Source: Gigaom

Existing Customer Marketing for SAAS Companies

Whether enterprise technology, enterprise software or SaaS – customer marketing works. For SaaS companies, specifically where MMR (Monthly Recurring Revenue) occurs at higher volumes of users, there can be even more at stake with high churn rates.

If a typical SaaS business loses about 2 to 3% of their customers each month to churn, the business must grow by at least 27% to 43% annually to maintain the same revenue.
Drift Relationship Marketing

Churn can be deadly for a SaaS and high churn is often a signal of issues whether from market fit, features, user interface or support.

The challenge here is that if you are losing a percentage of customers each month, it takes significant new customer acquisition just to maintain growth. This puts a lot of pressure on top of marketing efforts to spread awareness and gain conversion at often unsustainable rates.

That being said, if a SaaS business focuses on existing customer programs and marketing, they can minimize churn and reduce the need for often frantic new customer acquisition tactics.

Daniel Marotta, Community Strategist at Vanilla Forums

“Instantly reduce expenses by mining your community for user-generated content that can be used in marketing collateral. Any marketing message that can be pulled from the community, is a direct savings to your marketing budget.”

Vanilla Forums, Whitepaper “3 Pillars of Customer Community”

“Once a potential customer has spent money, a customer community gives them a place to talk about it, to integrate it into their own personal brand and to build connections with other customers based on their purchase. When you release further products in the future, or offer post-sale upsells and upgrades, those connections still exist.”

Chapter 7

InteractiveTools & Experiences

Interactive content has been an emerging trend in enterprise technology marketing for some years, and it's evolving in many interesting ways. Things like calculators, assessments, and other tools lend to deeper engagement and higher quality lead generation because prospects are more invested in the outcome.

Here's a breakdown of some of the different kinds of interaction content you should consider:

Calculators

Calculators help leads crunch the numbers on things like costs, ROI or any other metric they might find interesting. These are great for people to understand and estimate the direct ROI impact of your solution based on their specific situation. Calculators range from simple to complex, depending on the amount of customer inputs you want to include. The more data that you ask from prospects, the more confidence they'll have in the accuracy of the results.

Also consider the outputs. With enterprise software, in addition to ROI, you may want to include things like Total Cost of Ownership (TCO) and Break Even Point. Whatever the key metrics your solution addresses (sales revenue, customer satisfaction etc.) should also be included in your calculator.

Interactive Infographics

Akin to static infographics, interactive content brings interesting stats to life in a visually compelling way. Try compiling stats relevant to customers’ industries and add visual elements that really “pop.” In addition to folding your existing data into interactive infographics, perform an audit of research you've conducted. Interesting data, facts and findings that you haven't previously used in marketing collateral can also be utilized in an interactive infographic.

Plan to use these in the early to mid stages of the marketing and sales cycle, as they're mainly for building awareness around either your product or major challenges in the industry that your solution is designed to address.

Quizzes

If you've been to websites like Buzzfeed, you're familiar with online quizzes. They're great because prospects feel like they're getting some personalized insight from you, and are easily shareable on social media. Consider repurposing some stats and figures from your whitepapers into quizzes, giving prospects incentive to test their knowledge after they've finished reading.

Another way is to utilize quizzes at live events. Have reps at your booth with an interactive quiz available on their iPad and have customers take it on the spot. After they’ve completed the quiz, discuss the results (and their potential business needs) right then and there.

Assessments

These are like quizzes, but dig deeper into a prospect's business needs. They help your potential customers get a handle on the current state of their business, what needs improvement, and how your solution could possibly fit in.

Assessments can also be used for peer benchmarking, showing the prospect where they stand with respect to the overall industry. Prospects will either see they have ground to make up, or perceive the competition nipping at their heels. Either way, it's a strong impetus for them to learn more about your solution and how it could help them be more competitive.

Solution Builders

Almost like a free demo, with solution builders you provide users access to a basic version of your product, and guide them through building a solution based on their specific goals and needs. This method is great for tactile learners who need to “play around” with technology to really get a sense of the value it could potentially provide.

If you need help getting started with a solution builder, a good place to start is referencing your existing product briefs. Solution Builders are ideal for those mid to late stage prospects where high-level value has already been established, but the buyer needs to see and feel exactly how you're going to solve their problem.

Product Tours

Interactive product tours help bridge the gap between tutorial or overview videos, and product demos. The problem with videos is that while the product is explained in detail, the user is forced to sit back and watch. Demos are great, but often users miss the most important features because they don't have any guidance.

Product tours are guided walkthroughs of your product, allowing prospects to experience and perform tasks within your platform, but with guidance in the form of pop-ups and prompts. For enterprise tech companies, WalkMe is one of the best tools available for creating customized, engaging product tours.

Per many, interactive content represents the future in B2B enterprise technology marketing. While you don't necessarily have to be hugely invested in it at this point, it's wise to start folding in things like ROI calculators, quizzes, and interactive infographics to your digital marketing mix to get started down the path and keep up with the competition.

Adding A Real-Time Factor

One of the greatest tactics for making interactive tools effective is to add some real-time feedback for usage.

  • For a calculator, you can see budgets, comparison costs or other data adjusted as the visitor is changing values.
  • An assessment can provide a score as questions are completed.
  • Solution builders can change the configuration and pricing of products as visitors select parameters.

The key here is to give real value right there on the page, but then entice with deeper information when they provide contact information. Real-time feedback tools are shared and linked to often which significantly increases exposure and search rank. With the right tool, you have the ability to bring in very targeted leads en masse.

The final large benefit from tools is that upon submission you can gain valuable information for the sales process that might be otherwise hard to capture in any other type of conversion. So, while these tools can cost a lot to invest in, over a period of time they can deliver major ROI.

Ion Interactive, White Paper: Interactive Content Marketing

“88% of marketers say interactive content is effective at differentiating their brand.”

Adam Frankel, CEO of Frankel Interactive

“Interactive content will continue to be relevant for the B2B segment. In the near future, more mediums will surface enabling marketers to better utilize digital channels and explore new formats to accommodate B2B marketing collaterals.”

Conclusion

Key Takeaways

  1. Video marketing isn't just for consumers, and just because you're B2B doesn't mean you can't be creative, funny, and engaging.
  2. Tech buyers are trusting influencers more than ever, so have a strategy to uncover the right ones and partner with them.
  3. High-value content often isn't cheap, but in the long run, it's well worth it to cut through the noise.
  4. There's still no substitute for human interaction, so have a live event strategy that integrates with digital to get valuable face time with prospects.
  5. To consistently generate revenue and keep all your prospects in the loop, you need to implement a marketing automation tool. Now.
  6. Current customers are sales prospects just waiting to be marketed to. Treat every customer like they potentially need a new upsell or cross-sell.
  7. It looks like interactive content is the wave of the future. If you haven't already, get going with some ROI calculators, interactive infographics, or quizzes/assessments.
(Video) The SaaS business model & metrics: Understand the key drivers for success

FAQs

What are the marketing strategies for software companies? ›

A Marketing Strategy for Software Companies That Really Works
  • Website design and mobile marketing.
  • Video marketing.
  • Search Engine Optimization (SEO) and Pay-Per-Click (PPC) advertising.
  • Social media marketing.
  • Media Relations.

What is SaaS marketing strategy? ›

SaaS marketing is a type of marketing that specifically helps build awareness and promote software as a service products. SaaS marketing helps to bring a product to a market, position a product, and build awareness around a SaaS organization.

What is marketing mix 7 PS? ›

It's called the seven Ps of marketing and includes product, price, promotion, place, people, process, and physical evidence.

Why is marketing important for a software company? ›

Marketing in a software house gives you the advantage over your competitors in that it is easier to attract the attention of potential clients, get them interested in your services and complete projects, and establish cooperation.

How do you market a new technology product? ›

9 Killer Ways to Market Your Tech Startup
  1. Display advertising. ...
  2. Paid search. ...
  3. Organic social. ...
  4. On site activity. ...
  5. Content marketing. ...
  6. Direct email. ...
  7. Special events. ...
  8. PR campaign.
23 Feb 2018

How do you attract customers to SaaS? ›

11 Ways to Attract New Customers to Your SaaS Business
  1. Clearly Define Your Ideal Customer. ...
  2. Set SMART Goals. ...
  3. Determine The Best Acquisition Channels For Your SaaS. ...
  4. Publish Relevant, Useful Content. ...
  5. Ask For Referrals. ...
  6. Tap Into Your Network. ...
  7. Build A Community Around Your Product. ...
  8. Invest Into Email Marketing.
28 Jul 2021

How do I create a SaaS marketing plan? ›

How to create a SaaS marketing plan?
  1. Step 1: Create your buyer personas. ...
  2. Step 2: Do competitor research. ...
  3. Step 3: Define your marketing goals and OKRs. ...
  4. Step 4: Choose distribution channels. ...
  5. Step 5: Choose your marketing budget. ...
  6. Step 6: Choose the best marketing tactics. ...
  7. Step 7: Track progress and analyze your results.
6 Apr 2022

What makes SaaS marketing unique? ›

SaaS marketing provides free products to customers as a marketing strategy. Unlike physical products where you can at most provide free samples or promos, SaaS companies are often willing to give away their products for free to hook new customers.

What are 7 C's of marketing? ›

In contrast to other marketing models, the 7 Cs Compass Model considers both the marketing strategies as well as the segment to which the strategies are being targeted. The seven Cs are Corporation, Commodity, Cost, Communication, Channel, Consumer and Circumstances.

What are the 7 elements of marketing? ›

The 7 elements of the marketing mix include the following:
  • Product (or Service) Your customer only cares about one thing: what your product or service can do for them. ...
  • Price. Many factors go into a pricing model. ...
  • Promotion. ...
  • Place. ...
  • People. ...
  • Packaging. ...
  • Process.

Who has given 7 P's of marketing? ›

Recently, Bernard Booms and Mary Bitner built a model consisting of seven P's (Booms, B. and Bitner, M. 1981). They added "People" to the list of existing variables, in order to recognize the importance of the human element in all aspects of marketing.

What are the most effective digital marketing strategies? ›

5 Most Effective Digital Marketing Techniques
  • Paid Search Advertising. This could be anything from media buys to display ads. ...
  • Email Marketing. Email marketing is still considered one of the most powerful advertising media on the Internet. ...
  • Search Engine Optimization (SEO) ...
  • Social Media Marketing. ...
  • Video Marketing.

What kind of marketing is most successful? ›

If you are looking for the overall most effective marketing strategy for small business, content marketing is the winner. Content marketing encompasses blogs, videos, social media posts, podcasts, webinars, and more – basically, any type of content you can distribute online falls into this category.

What are the 3 most important things in digital marketing? ›

At its highest level, digital marketing has three main components: Lead Generation, Lead Capturing, and Lead Nurturing.

How can software companies increase sales? ›

Increase your Software Sales in 5 Easy Steps
  1. Generating Traffic and Leads.
  2. Providing the ROI of your Marketing Activities.
  3. Securing Enough Budget.
  4. Managing your Website.
  5. Identifying the Right Technologies for your Needs.
  6. Targeting Content for an International Audience.
  7. Training your Team.
  8. Hiring Top Talent.

What is product marketing strategy? ›

Product Marketing Strategy. Your product marketing strategy serves to guide the positioning, pricing, and promotion of your new product. It helps you take your product from development to launch and informs what new audience(s) and markets to which to launch and market your product.

How technology is used in marketing? ›

Additionally, marketing technology helps teams to be more effective in the acquisition and retention of customers. For example, by using LinkedIn ads to target a specific job title, you can tailor your marketing message to that specific persona; increasing your chances of engagement.

What is high technology marketing? ›

High technology markets are characterized by their dynamism and complexity which necessitate a changing target market over the life-cycle. The complexity of the product also impacts market acceptance in different ways in high technology markets (Davidow, 1986).

What are the impact of technology on marketing? ›

When it comes to marketing, technology has really transformed marketing by making campaigns more personalized and immersive for people. There has been a significant rise in social media marketing. The focus of marketing has shifted from competitive advertising to the collection and distribution of data.

How do you grow SaaS sales? ›

13 Best Ways to Increase Sales for Your SaaS Business in 2022
  1. Identify Qualified Prospects. ...
  2. Give Short and Value-Focused Demos. ...
  3. Optimize your Email Campaigns. ...
  4. Show Customer Pain Points. ...
  5. Keep your Trials Short. ...
  6. Reward your Existing Customers. ...
  7. Upsell and Cross-Sell your Existing Customers. ...
  8. Show Customer Success Stories.
15 Feb 2022

What are the best strategies to grow a B2B SaaS? ›

14 Winning B2B Marketing Strategies for SaaS Businesses
  • Reviews, Testimonials & Case studies.
  • Harness the power of social media.
  • Develop targeted content.
  • Marketing automation & CRM.
  • Develop a strong website.
  • Referral marketing.
  • Target customers with PPC.
  • Mix up your marketing channels.
28 Jul 2022

How do you find first 10 customers? ›

How To Get Your First 10 Customers Onboard?
  1. Identify the need. ...
  2. Identify your market. ...
  3. Position your Product as the Answer. ...
  4. Identify your first customers. ...
  5. Use your Network for Acquiring First Customers. ...
  6. Founders do the marketing. ...
  7. Acquiring your first 10 customers through a Private Mailing List.
1 Feb 2021

What factors do you consider when planning a marketing campaign for SaaS products services? ›

These factors will help structure your marketing plan to be as accurate and durable as possible.
  • Define your Marketing Goals (short and long term)
  • Budget.
  • JTBD and buyer personas.
  • Set up a timeline of when you want to achieve your goals.
  • Define and plan your resources.
  • Create a framework and a system.

Is Sprout Social A SaaS? ›

It put Sprout Social into the “high growth” category of SaaS companies vs. medium growth.

What is an example of a SaaS company? ›

Examples of popular SaaS providers include: BigCommerce. Google Workspace, Salesforce. Dropbox.

How is SaaS marketing different from digital marketing? ›

The idea of giving a product away for free would be sacrilege to most executives. However, in the world of Software-as-a-Service (SaaS) offering a free trial is no longer considered a marketing tactic, but rather an expectation.

What is the difference between SaaS marketing and normal marketing? ›

In the AAARRR funnel, the scope of traditional marketing stops at the activation of the customer. But SaaS marketing goes throughout the lifecycle. SaaS marketing strategy helps create awareness, drive signups & helps customers stick to the product and not churn. Recurring business is a massive chunk of SaaS revenues.

Why is 7cs of marketing important? ›

7 Cs is a very important concept in formulating the marketing strategy. By focusing on the 7 Cs of marketing, companies can market the products and services in the competitive market. The changing needs and wants of the customer must be taken into consideration in any marketing plan.

What is 7 C's of effective communication? ›

The seven C's of communication are a list of principles for written and spoken communications to ensure that they are effective. The seven C's are: clarity, correctness, conciseness, courtesy, concreteness, consideration and completeness.

What are the 7 P and 4c in marketing? ›

In services marketing, an extended marketing mix is used, typically comprising 7 Ps ( product, price, promotion, place, packaging, positioning and people), made up of the original 4 Ps extended by process, people and physical evidence.

What are the 4 types of marketing strategies? ›

The four Ps are product, price, place, and promotion. They are an example of a “marketing mix,” or the combined tools and methodologies used by marketers to achieve their marketing objectives.

What is 7ps of marketing mix PDF? ›

Services marketing are dominated by the 7 Ps of marketing namely Product, Price, Place, Promotion, People, Process and Physical evidence.

What are the 5 marketing strategies? ›

The 5 P's of marketing are part of what is often referred to as a “marketing mix”. A marketing mix is the actions brands take to market their products and services by using a specific framework with the five biggest components of successful marketing: product, place, price, promotion, and people.

What are the most essential 7 M's in marketing? ›

Seven cyclical elements to a successful integrated marketing program are: mindset, measure, model, map, make, modify, and monetize.

What are the goals or objectives of marketing? ›

Here are seven important goals in marketing you might to set:
  • Increase brand awareness. ...
  • Generate leads. ...
  • Become a thought leader. ...
  • Increase customer value. ...
  • Improve SEO. ...
  • Grow social media presence. ...
  • Increase conversion rates.
22 Feb 2021

How do you create a successful digital marketing strategy? ›

Here's how to create a solid digital marketing strategy:
  1. Explore the landscape and analyze your results. ...
  2. Map out your strategy. ...
  3. Define your target audience. ...
  4. Build your content strategy. ...
  5. Choose your channels and tactics. ...
  6. Set key performance indicators and benchmarks. ...
  7. Execute with best practices. ...
  8. Analyze and adjust.
25 Feb 2021

What is one best tip to create a successful digital marketing strategy? ›

11 Top Digital Marketing Tips
  • Understand Your Customer. ...
  • Create Compelling Content. ...
  • Regularly Optimize Your Website for SEO and Conversions. ...
  • Build a Presence on Social Media Platforms. ...
  • Create Mobile-friendly Content. ...
  • Integrate Marketing Across Multiple Platforms. ...
  • Get on Google My Business.

What makes a great marketing strategy? ›

What makes a good marketing strategy? Knowing your target customer, taking an integrated approach to your campaigns, knowing and communicating your USP, focusing on your customer's problems and above all, committing.

What is an example of a marketing strategy? ›

Marketing strategies

For example, if your marketing plan is to promote a new product or service, you might have a strategy dedicated to how you're going to use email marketing to support these broader goals. Every marketing plan will most likely produce several marketing strategies as part of the broader plan.

What are the 6 types of digital marketing? ›

Digital marketing can be broadly broken into 8 main categories including: Search Engine Optimization, Pay-per-Click, Social Media Marketing, Content Marketing, Email Marketing, Mobile Marketing, Marketing Analytics and Affiliate Marketing .

What are the 5 characteristics of digital marketing? ›

The five most important elements of a digital campaign consist of mobile considerations, organic search, social media marketing, content marketing and lead nurturing. All of these elements combined make up a cohesive digital marketing strategy.

What are the 5 key components of Internet marketing? ›

Below are five key components of a successful digital marketing strategy and why you need to incorporate them into your marketing approach today.
  • A Quality Website. Think of your website as a second storefront. ...
  • Email Marketing. ...
  • Social Media Marketing. ...
  • Content Marketing. ...
  • Online Ratings and Reviews Management.
13 Sept 2021

How can software companies increase sales? ›

Increase your Software Sales in 5 Easy Steps
  1. Generating Traffic and Leads.
  2. Providing the ROI of your Marketing Activities.
  3. Securing Enough Budget.
  4. Managing your Website.
  5. Identifying the Right Technologies for your Needs.
  6. Targeting Content for an International Audience.
  7. Training your Team.
  8. Hiring Top Talent.

How can software development companies increase sales? ›

7 Marketing Strategies for Software Development Companies
  1. Get Personal and Tell a Story📕 Naturally, most software developers tend to focus on the technical part of their services. ...
  2. Work Out A Social Media Strategy👍🏻 ...
  3. Invest in SEO🧙🏻‍♂️ ...
  4. Go Local🔊 ...
  5. Refresh Your Website⚡ ...
  6. Track for success⌛
15 Feb 2022

What is B2B marketing strategy? ›

B2B marketing is the way businesses generate demand from other businesses for their products and services. Just like B2C (business to consumer) marketing, B2B marketing includes many types of content, and it can take place across multiple online and offline channels.

What are 4 general ways to increase sales? ›

Increase the number of customers. Increase the average transaction size. Increase the frequency of transactions per customer. Raise your prices.

How do you increase sales growth? ›

Increase sales
  1. INTRODUCE NEW PRODUCTS OR SERVICE. Provide a broader range of products or services for your clients. ...
  2. EXPAND TO NEW DOMESTIC MARKETS. ...
  3. ENHANCE YOUR SALES CHANNELS. ...
  4. MARKETING ACTIVITIES. ...
  5. CHANGE YOUR PRICE. ...
  6. BE AWARE OF THE COMPETITION. ...
  7. IMPROVE COMMUNITY RELATIONS. ...
  8. DON'T NEGLECT CUSTOMER SERVICE.

How do you market a startup? ›

Until that happens, though, you should prioritize the following marketing strategies to spread the word about your startup.
  1. Send Emails. Email marketing is an essential strategy for attracting customers to your startup for little or no cost. ...
  2. Start A Blog. ...
  3. Post On Social Media. ...
  4. Use Paid Search Advertising. ...
  5. Sponsor An Event.
30 May 2018

What makes a software company successful? ›

A good software service company listens to their customers and continuously improves and updates its product to make it work even better and smoother. Monitoring what the consumer is saying allows the software service company to cut out unnecessary functionality which ties into the “Keep it simple” rule.

How do I start a SaaS company Beginners Guide? ›

10 steps to start a software as a service company
  1. Develop a solution for a problem. ...
  2. Write up a lean plan. ...
  3. Validate your SaaS idea. ...
  4. Explore pricing models and initial customer acquisition. ...
  5. Establish your brand. ...
  6. Make it legal. ...
  7. Financing and funding. ...
  8. Build your product.

How can I grow a small software business? ›

How To Grow A Successful SaaS And Software Startup?
  1. Customer support is the ultimate growth driver. ...
  2. Get your customers to market your product. ...
  3. Show some exclusivity. ...
  4. Leverage content marketing. ...
  5. Give out free product trials. ...
  6. Expand your email list. ...
  7. Collaborate with some other SaaS and software startup. ...
  8. Re-engagement marketing.
28 Sept 2018

What is meant by marketing strategy? ›

A marketing strategy is a long-term plan for achieving a company's goals by understanding the needs of customers and creating a distinct and sustainable competitive advantage. It encompasses everything from determining who your customers are to deciding what channels you use to reach those customers.

Which marketing strategy is most effective? ›

If you are looking for the overall most effective marketing strategy for small business, content marketing is the winner. Content marketing encompasses blogs, videos, social media posts, podcasts, webinars, and more – basically, any type of content you can distribute online falls into this category.

Why digital marketing is important for B2B? ›

B2B digital marketing is a great way to build your brand, generate leads, and optimize your marketing spends. Customer journeys are now mostly online, and it makes sense to have a digital presence on social media to communicate with them effectively.

What are the four types of B2B markets? ›

To help you get a better idea of the different types of business customers in B2B markets, we've put them into four basic categories: producers, resellers, governments, and institutions.

Videos

1. Email Marketing Strategies For B2B SaaS Companies
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2. 7 Best SaaS Marketing Strategies That Will Bring You Results - SaaS Marketing Tips
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3. 7 Secrets to a Successful SMB GTM Strategy with PayFit and Accel | SaaStr Software Community
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4. +400 Digital Marketing Agency Clients With His GoHighLevel SaaS
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