Great point! (My interpretation)When early stages companies are looking for PMF they should focus on finding the most focused and targeted ICP that most closely aligns with the problem that your product solves. This is so important and often counterintuitive. Initial ICP doesn’t have to = TAM. Great older book to learn about this is #CrossingtheChasm. Another great point from #CincyAIWeek. Crossing the Chasm, 3rd Edition: Marketing and Selling Disruptive Products to Mainstream Customers (Collins Business Essentials) https://a.co/d/au85JLx
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The best way to attract your ICP is to 𝙚𝙙𝙪𝙘𝙖𝙩𝙚 𝙩𝙝𝙚𝙢 on a problem they don't know exists. ❌ " 10 Tips to Los Weight Fast." ✔️ " 3 Things You're Unknowingly Doing to Destroy Your Weight-Loss Efforts" By leveraging valuable insights, you'll position yourself as the solution provider. This puts your brand "top of mind."
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With nearly $20M in exits, I can confidently say that Product Validation is a cornerstone of our success. This can get more revenue in the next year than any marketing efforts. More on Product Validation in our new book, ""Unshackled: The 7 Levels of Business Excellence. ⬇️
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Early-stage founders often feel overwhelmed by all the outputs they need to create for their sales and marketing efforts. Caitlin La Honta from Sirona Marketing has some good news: the most important thing to build is a pipeline of constant conversations with ICPs. Inputs from ICP feedback > outputs in the form of collateral. Once you've nailed your narrative, then it makes sense to concretize it into artifacts that scale. In her words, first "understand what resonates from a messaging perspective" in those discussions, "and then you can think of how to scale up off of that" with decks, websites, white papers, etc.
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Discover the best techniques and tools for finding your ICP, scoring accounts, and maximizing revenue in our latest guide! 🔗 Link in comments. #icp #accountscoring #intent #alignment
Here’s our approach to putting the ICP into action. We use a framework called Fit vs. Need vs. Intent™. It’s been a game-changer in aligning marketing and sales at HG Insights and for our clients ✅ Fit: Undiscovered Need They have challenges, but they aren't addressing them yet. 👉 Action: Marketing should nurture and stay in front of them until they’re ready. ✅ Need: Discovered Need They know the challenges and are starting to act. 👉 Action: Sales should build relationships and provide value over time. ✅ Intent: In Buying Cycle They’re actively looking for a solution and are ready to buy. 👉 Action: Sales should prioritize and engage with tailored messaging to close the deal fast. Credit goes to Barry Magee and Spencer Hardey, MBA for developing the framework and breaking it down in our latest Account Scoring ebook (link in comments for a deeper dive) Hope that gives you ideas on how to think about GTM at your business. #ICP #marketing #sales #accountscoring
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6moSunnie Southern, MS, RD, LD Have you seen the recent survey that shows "crossing the chasm" is frequently misused and widely misunderstood? The most common mistakes and areas of confusion are listed in this article: https://www.hightechstrategies.com/chasm-crossing-confusion/ The author of this article is the original creator of the chasm concept, before the book was written.