Marketers… is this idea really smart or really dumb? I can’t decide. Say, I know my ICP and have a list of every company that fits it as well as every person who is in the position that I want to sell to. Why don’t I then focus all my marketing efforts on ensuring that every person in my ICP knows who we are and has a favourable impression… Without attempting to sell them anything. If my ICP is 12,000 companies, I can have my marketing team work on engaging with 1,000 companies a month for a year, in any means that they see fit, with the goal of let’s say, ensuring every single person in our ICP have heard of us in some shape or form at least 4 times a year. I’ll rely on some of those people wanting to learn more and reaching out, plus I will then have my SDR teams systematically work through everyone that has shown some interest in our marketing activities.. Is this a great idea or a dumb idea?
That's a great idea depending on potential CAC. So - out of those people, how many are likely to be handraisers? What's the conversion rate? What's the ACV? What are your referrals like? What is the cost per person? Because you're bootstrapped, I would say it has to make financial sense first. It definitely makes sense from a marketing perspective. It's also a key differentiator - you have competition but they probably won't put in this kind of work.
To me this seems like the beginning of solving the problem. (You can take the girl out of engineering....) There are still several variables I don't know, like how many people are on your team? I wonder if you don't hit it super hard for a month or two to make whatever contact possible with every single one of them, then hyper focus on any that show any interest at all. Seems to me that would front load your new customer acquisition better.
I think it's a solid idea to build awareness without pushing sales too early. We usually see that a warm audience responds better when they feel engaged, not pressured. The key is consistency.
Sounds pretty smart to me. It's certainly better than the all-too-common "Let's cast a wide net & see which fish we catch" approach. Strategic targeting seems like a win.
So focus on completions and activations? Because meetings don’t matter? I think I’ve heard this somewhere
Sounds right to me. Get the demand gen working, give out loads of helpful content and then when people pop their hand up show interest, hand off to the SDRs
i like it - if you have the resources. I think of this as top of funnel thought leadership with no pushing of your product. Once you start pushing your product it becomes ABM or ABE (Acccount Based Engagement).
Have the conversation, today.
2moWhat about if you could actually speak - have an actual human conversation, with your entire TAM 3 times a year David? That moves the needle into a whole different dimension!