The Overview #6
This week: buying car = buying SaaS, positioning AND messaging, delivering value for a niche
👋 Hey there. This is The Overview, a weekly roundup of noteworthy B2B SaaS stuff. You'll find interesting tweets and articles from around the internet, plus highlights from my personal swipe file.
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It’s simple.
A reminder for something that we can often forget. It’s easy to get bogged down in the details, in the optimizations, in ‘trusting the process’.
But at the end of the day, your product has to solve a critical problem that is valuable to a well-defined, niche audience.
SMB and midmarket sales should be like buying a car
I really like this analogy from Dave Gerhardt, although agree with Brad that it’s probably more suitable for SMBs and mid-market sales.
Most SaaS is a similar level of investment to a car. You’re going to be using it for a while, so it needs to be comfortable to drive. You’re probably going to have a kid or two, so it needs to grow with you. And it’s probably about the same price.
I’ve written before about sales demos, sales decks, and collateral. But what about the rest of your buyer journey? Are you making it seamless for prospects to buy - or is it optimized for being sold to?
It’s positioning AND messaging
This came up when recording a panel for next week’s Product Marketing Festival.
Positioning statements were useful - they gave a simple framework for a non-expert marketer or founder to try and define who they were, who their customers were, and why they were different.
Except… now everybody and their grandmother began to recite the positioning statement as gospel in sales deck talk tracks, website homepages, in ‘about us’ blurbs. Everybody forgot that the positioning statement has to be messaged.
And messaging is a whole other art form, from stereotypes and tropes to in-jokes, tone of voice, and phraseology.
Register for our panel next week on Positioning & Messaging Achieving & Measuring Success at the Product Marketing Festival.
Bonus example of how bonkers positioning statements can be:
Buyers are human
Don’t forget that your buyers aren’t just rational robots - they have a soul!
Make sure your positioning and messaging has both logical and emotional aspects. I call this a heart and brain narrative. If you can, give your buyers an economic incentive… and an emotional enemy.
That’s the Overview for this week
Hope you found some interest in this edition.
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Thanks for reading, and happy building.
James