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GTMnow is the media brand of GTMfund – sharing go-to-market advice from the top 1% of revenue operators including the 350 executives behind the fund, news, and our viewpoints from working with hundreds of portfolio companies. Even a brief in-person meeting can reinforce a strong working relationship.
Reps covering metro areas like Chicago or Atlanta can bundle meetings and reduce downtime between visits. A healthcare rep must understand HIPAA compliance and how hospital systems make purchasing decisions. Not evolving your structure as things change To stay competitive, your go-to-market strategy must evolve alongside your business.
“Lots of marketers have adopted agile practices and tried to transform how they go to market in terms of customer journeys,” said Tom Hannigan, Global Practice Lead for precision marketing platform HCL Unica, at our MarTech conference. He discussed strategy in the context of the travel and hospitality industry.
In this episode, we’ve got Auseh Britt , a seasoned B2B marketer with 20 years of marketing experience across a wide range of industries and companies spanning global hospitality to startups, who currently serves as the VP of Growth Marketing at Terminus. Defining account-based marketing [13:25].
But they can introduce hospitals to systems that can help save lives by generating full health histories for every patient. Many hospitals wouldn’t know about this game-changing tech without good old-fashioned outbound. Nearly all B2B marketers use email to distribute content ( 93% to be exact ). Let’s Talk!
Content marketing is really like a first date. If all you do is talk about yourself, there won’t be a second date.” – David Beebe, Founder & CEO, Storified Hospitality Group. Don’t push people to where you want to be; meet them where they are.” — Meghan Keaney Anderson, VP Marketing, HubSpot.
First Challenge: Land Your Go-To-Market Strategy in the Field. The problem is that 83% of acquisitions fail to meet their business goals. If there is a new surgical procedure and I put a guide in the medical library of a hospital, are the people in the OR magically ready to operate? 83% is pretty dismal. Not even close.
But if their primary clients are schools and hospitals, a good answer to this question might ultimately be: They are in the environmental services industry for education and medical customers. If you're going to market and sell to these personas, you need to understand how they consume information. Is it consultative?
So, getting their attention right now for anything new is really tough and that’s something that you should just accept and know, going into any potential fundraising process. You’ve all probably gotten a cold email from a VC associate or partner asking about your business or wanting to understand your market.
SaaSy Sales Management runs in-person, public, and private workshops to teach go-to-market SaaS leaders how to produce the best outcome for their company and their people. When I did the biggest deal I’d ever done, I was filling out RFP stuff in the hospital as I was waiting for my daughter to be born. Matt Cameron: 100%.
This plan is your go-to-market (GtM) strategy , which should be informed by: Market conditions and competitive positioning Ideal customers and target audience Product offer and pricing Lead generation and customer acquisition process. Many founders assume if they build a great product or service, people will flock to it.
With limits on in-person meetings, it’s even more important to double down on your digital selling strategy. Then got an opportunity about five years ago to be CRO for a private equity backed company in the hospitality space. This was the first time that I was really focused on the SMB market and had a great experience there.
But that’s more the exception than the rull of the go to market for many companies. The idea of a weekend trip from New York, people live in New York, a weekend trip to London probably that’s not going to happen for a very long time. The Squares absolutely, Yelp to some extent absolutely. I already see this.
Matt Garratt: All of our mid-market business and we are going to be talking about how our portfolio companies and how Salesforce ventures, and how Salesforce is shifting our go to market strategies during these very uncertain times and really excited to have Adnan here, one of the best sales leaders I’ve ever had the privilege of working with.
Law number three, this is huge, particularly in COVID, so we’re going to talk about this a little bit differently. Everyone is trying to figure out the go-to-market learning curve. You as a founder have to set the tone, and you can’t do it in a weekly stand up, or an all hands meeting in person.
They currently work with 80,000 doctors growing at 3,000 per month, 1700 hospitals, 35 million strong patient community, 900 employees. Agnes Bazin: Our mission overall is really to create the tools for hospitals and practice of the future, and on the patient side it’s to smooth patient access and the overall experience for patients.
They currently work with 80,000 doctors growing at 3,000 per month, 1700 hospitals, 35 million strong patient community, 900 employees. Agnes Bazin: Our mission overall is really to create the tools for hospitals and practice of the future, and on the patient side it’s to smooth patient access and the overall experience for patients.
And recently we raised around from Goldman Sachs in September of last year to fuel our go-to-market expansion. When you start that journey, those two points in terms of the value that the customer attains and the risk of the customer churning, they kind of meet. They build airports, highways, hospitals, theme parks.
Shaan Hathiramani : Our mission, as you mentioned, is to expand access to upward mobility, specifically through education on the job, focusing on sales and go-to-market professionals in particular. So think about a deal story: You just set a meeting, or you just closed a deal. And where are you in your growth journey?
But that’s more the exception than the role of the go to market for many companies. The idea of a weekend trip from New York, people live in New York, a weekend trip to London probably that’s not going to happen for a very long time. It’s not going to move the needle in terms of cash deployment.
So you might have some companies that are in travel or transportation or hospitality that have literally called you and say, I can’t pay my bills. As one of my mentors used to say, in a strong market, even turkeys can fly. Most VCs will give you the advice that you should wait a month or two and come back and meet people later.
I ended up meeting my husband there, who left, went to Dropbox. And that, I think, over time, when you build up enough of those, you start to really be able to let go because you know, hey, this is the level of work that people are doing. Kate Taylor: And so aligning the product division with hiring and go to market teams is essential.
Lara Caimi: And the way I thought about it was when you think about some chief strategy roles, one spectrum could be like, “Hey, it’s a staff role that makes slides for the CEO for board meetings or something.” For us with our go to market model, what kind of ramped reps will we need as we think about out quarters?
In a B2B context, you can imagine overlaying the concept of go-to-market fit which really outlines your approach and your playbook at every step of the way from awareness to evaluation, purchase, and then pricing and renewals. If your kids or your dog walk into a Zoom meeting, embrace it. So that’s one example of many.
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