Showing posts with label online sales. Show all posts
Showing posts with label online sales. Show all posts

SaaS Solutions – Are You Marketing for Leads or Sales?

Traditionally, Business Software vendor marketing has primarily focused on generating leads for sales to follow-up and engage with prospects.  This was predicated on the complexity and duration of the sales, delivery, deployment and implementation processes for traditional On-premises solutions.

Software as a Service (SaaS) radically changes the delivery, deployment and implementation processes for business solutions.  This creates opportunities to rethink the sales and marketing approach and processes for the SaaS solution model.

Business software vendors that started life in the SaaS world, primarily focus their marketing campaign strategies, materials and website on:

  • Demonstrating the real product online, on-demand
  • Offering a free trial to sign-up online right now to use the full product for a limited time period and subsequently convert to a paying customer
  • Pricing and other specific information about subscribing to the solution
  • Providing relevant information for prospective buyers in their context with multimedia materials
  • Engaging with their audience using online marketing and sales methods to expediently make the sale online with or without salesperson involvement
  • Alternatively, collecting contact information for generating leads for subsequent follow-up by a salesperson.
The intent for new generation SaaS vendor marketing is to firstly attempt to make the sale or part of it online and secondly to capture contact information for the lead generation process.

In contrast, On-premises business software vendors that also offer SaaS versions of their solutions, seem to be continuing their traditional marketing approach:
  • Providing general information about products, solutions, industry applicability, etc.
  • Focus on harvesting contact information for their lead generation process at every opportunity such as registration to read a whitepaper, view a video clip, etc.
  • Limited or no information about subscription costs and terms
  • Creating the need for a prospective buyer to provide their contact details to get additional information and details they need for a buying decision.
Even though SaaS creates new opportunities to reorient marketing to actually sell solutions or initiate the sales process online, most traditional On-premises vendors that offer SaaS versions of their products are still primarily focused on generating leads for SaaS solutions like they have done for On-premises solutions in the past.

Some SaaS solutions such as CRM, Expense Management, eCommerce, etc. have a proven track record of selling online in a customer self-service mode with little or no live salesperson assistance.  Prospective buyers may not be ready to buy all SaaS solutions, especially more complex or higher value solutions, in an online self-service mode.  However, there are proven methods for opportunities to redirect the focus from marketing for leads to marketing for sales.

“I am the world's worst salesman, therefore, I must make it easy for people to buy.” ~ F. W. Woolworth

The ultimate objective is to make a sale – SaaS provides the opportunity to directly market for the sale, rather than market for leads for the sales process.

Have you shifted or considered shifting your marketing focus from leads to sales and what have you experienced?  Your comments are always welcome.
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