Prompt Inc.

Prompt Inc.

Business Consulting and Services

Boston, MA 4 followers

Sales and marketing strategies for SaaS growth

About us

Sales enablement and support for startups, innovative early-stage companies, and technology vendors. Services include competitive intelligence (aka battlecards), win/loss reporting and analysis, sales playbooks, and Analyst Relations (AR) programs

Website
www.prompt-inc.com
Industry
Business Consulting and Services
Company size
2-10 employees
Headquarters
Boston, MA
Type
Privately Held
Founded
2009
Specialties
Sales enablement, Analyst Relations, Industry Analysts, Battlecards, Sales win/loss analysis, Sales playbooks, Outbound sales , and B2B sales

Locations

Employees at Prompt Inc.

Updates

  • B2B sales: What makes a good competitor battlecard? We've created sales battlecards for Fortune 500 technology companies, startups, and early-stage companies across technology - hardware, infrastructure, enterprise software, and services. There are some essential elements in creating competitor battlecards, so they're valuable, insightful - and used by sales. We know that competitor battlecards must be: > Compelling. While it may be interesting to know how many people a company employs or where they are headquartered, the meat of an excellent competitive battlecard is core questions to raise, discussion points to have with prospects, 'gotchas,' facts, field insights, and points of differentiation to address real-world relevant issues, objections, and opportunities for your sales teams. > Easy-to-use. No offense, but the 114-slide PowerPoint deck or that dusty old sales playbook which is longer than War & Peace isn't helping anyone, especially time-pressed salespeople. Our battlecards are concise, either one- or two pages, presented in blocks so facts can be found at a glance. > Created in collaboration. Yes, we do the heavy lifting: the research, asking, exploring - but battlecards should never be created in a vacuum. We work in close collaboration with sales teams to understand specific needs and opportunities for each battlecard. > Developed through a tried-and-true framework. Our process for creating battlecards means we know how to make the process quick and effective and capture relevant data, facts, and points to support your sales process and sales teams. It also means when you have a number of battlecards, they are consistent. > Recent. We create battlecards and maintain them to ensure they are relevant to changing market conditions, new products and services, and changes in your own business. Everything is updated and dated - because you want to avoid your sales team trying to compete on information that is months (or even years) old. If you'd like to talk about creating some competitive information to help your sales team, drop us a line at [email protected] #sales #b2bsales #salesbattlecards #competitiveinsight #competitorbattlecards

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  • A post from Hazel about some of the things tech vendors should think about before they throw all their time and money into TAM analysis #b2btech #TAM #salesenablement

    View profile for Hazel Butters, graphic

    Analyst Relations Professional | AR Advisor to Technology Vendors | I Also Help Entreprenuers with Sales | Creator: 100 Sales Asks & The Analyst Relations Bootcamp for Startups

    Barwork and Total Addressable Market (TAM) analysis It’s the first full week of school being in session and while I adore being a parent it’s wonderful to do anything that doesn't involve Barbie or Trolls World Tour. Anyone close to me, who I’ve been talking to pre-school holidays knows I am putting the proverbial wheels back on the bus following a few bumps on the proverbial road (yes, this is deliberately vague, it’s a situation known by a specific group of people). In my sense of urgency, I added barwork to my resume as well as TAM analysis – both are something I enjoy, am good at, and have seen done poorly.  I’ll save my critique on shoddy barwork for another platform, but with regards to TAM, there’s a few areas I have consistently seen tech vendors go awry: -       Thinking a TAM is a must-have for their company (even when, as a startup, or early-stage other activities or analyses would be more useful). If you are burning through cash, making awful hiring decisions, lack GTM strategy, or your OKRs are all over the place, spending huge chunks of time and money on a TAM may not be for you. -       Using TAM in that bloated “we’re going to be worth a fortune” way. Yes, I’ve sat in all those presentations too: a founder stating that the TAM is $900 trillion and if we secure just 1% of the market, we all get to bask like Scrooge McDuck in $10 billion dollars. -       Poor clarity expectations for a TAM analysis and thinking it’s THE thing. TAM is the starting point of adding some heavy doses of reality in the follow-up analyses: SAM (Serviceable Addressable Market) and SOM (Serviceable Obtainable Market) i.e. what’s within your marketing grasp (SAM) and what’s realistically possible for your company, team, and resources (SOM).  I get it, investors like TAM and it's exciting to talk about the $900 trillion market opportunity, but let's add some context.   -       Thinking TAM is a concrete one-and-done process, as opposed to an analysis that invariably involves some assumptions and creates a snapshot and a starting point. -       Not being curious about the data sources used for a TAM. As someone who has published academic papers [a previous life], I’m all in when it comes to references and sources. What other primary data sources were used? Specific secondary sources?  Were external data providers used? Industry analyst firms? Curated data sets?  Whenever I see a TAM that lacks detail of data sources, I’m left wondering about the reliability of the data created – and the methodology used. -       Failing to use the TAM analysis to create SAM and SOM figures that are realistic and useable.  Looking for TAM / SAM/ SOM analysis for a SaaS company (or a bartender)? Then let’s talk. PS As an aside, a heads-up and big thanks to previous SAI360 colleagues Kelvin Dickenson and Jamie Walsh for checking in on me (and most importantly for not judging as I re-attach wheels).

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  • Competitive battlecards or sales battlecards give your sales team a competitive edge but must be: [a] Insightful - because, let's face it knowing your competitor has a head office in Chicago / New York / Timbuktu, isn't actual competitive insight;  [b] Concise - your sales team already has to wade through volumes of collateral, product brochures, technical overviews, case studies, and product campaigns, not to mention sales playbooks that can be hundreds of pages long (we know, we've seen them), and so many sales decks they can't decide which one to use; [c] Up-to-date. The direct competitors and the budget opponents that were the threat last year or even six months ago may not be the vendors you should be worrying about today. Then add in changing market conditions, new competitive products and services coming to market, as well as changes within your own business. Your sales team should not be competing on out-of-date information (though we come across this problem a great deal). Know that you need to have more useful, insightful, relevant battlecards? DM us and let us show you how we work, what we produce, and how it helps to accelerate the sales cycle and increase sales success #battlecards #salessupport #b2btechnologysales #b2bsales #competitiveinsights

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  • This is a quote from a CMO at one of our B2B technology clients. We worked with their marketing and sales teams to create a series of at-a-glance sales battlecards covering their key competitors. Because the challenge with competitive intelligence isn’t the lack of information, it’s that there’s so much of it that it becomes impractical for sales to find and use it. Which is why our typical sales battlecard is two pages. Yes, even for complex technologies, with complex sales processes - all the nuances of B2B tech products and sales. Battlecards need to be short, so they really are at-a-glance reference documents - because sales teams don’t have time to sift through a 400-page document, or to look at online portals which have thousands of (frequently conflicting or out-of-date) points. If you are thinking about new ways to present, collect, or share competitive information with your sales team, we’d love to show you how we work and what we produce. Simply email [email protected] and let's talk battlecards.

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  • We've created sales battlecards for Fortune 500 technology companies, startups, and early-stage companies across technology - hardware, infrastructure, enterprise software, and services. There are some essential elements in creating competitor battlecards, so they're valuable, insightful - and used by sales. Competitor battlecards must be: > Compelling. While it may be interesting to know how many people a company employs or where they are headquartered, the meat of an excellent competitive battlecard is core questions to raise, discussion points to have with prospects, 'gotchas,' facts, field insights, and points of differentiation to address real-world relevant issues, objections, and opportunities for your sales teams. > Easy-to-use. No offense, but that dusty old sales playbook, longer than War & Peace, isn't helping anyone, especially not time-pressed salespeople. Our battlecards are concise, either one- or two pages, presented in blocks so facts can be found at a glance. > Created in collaboration. Yes, we do the heavy lifting: the research, asking, exploring - but battlecards should never be created in a vacuum. We work in close collaboration with sales teams to understand specific needs and opportunities for each battlecard. > Developed through a tried-and-true framework. Our process for creating battlecards means we know how to make the process quick and effective and capture relevant data, facts, and points to support your sales process and sales teams. It also means when you have a number of battlecards, they are consistent. > Recency. We create battlecards and maintain them to ensure they are relevant to changing market conditions, new products and services, and changes in your own business. Everything is updated and dated - because you want to avoid your sales team trying to compete on information that is months (or even years) old. If you'd like to talk about creating some competitive information to help your sales team, drop us a line at [email protected]

    • Text: What makes a good competitor battle card?

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