Interview with David Taber, Author of Salesforce.com Secrets of Success

August 4, 2009

This interview with David Taber, Author of “Salesforce.com Secrets of Success” on the Marketo blog is a worthwhile read for any software marketer, especially those in the CRM space or those who wish to more effectively utilize their own CRM systems.

Key takeaways? They may not be new, but they’re important enough to deserve repeating:

  • Focus on lead quality, not lead quantity
  • Have a clear process to drive the sales cycle, and make sure everyone from marketing to sales understands their role in the process
  • Figure out and track meaningful, quantifiable measures of marketing success

What are the Best Digital Marketing Activities for Software Companies?

July 8, 2009

marketing-onlineThe Question of the Week over at Software-Marketing-Advisor.com is about identifying the best digital marketing activities that could be adopted for software enterprises.

It’s a good question, even though a very general one, because there are many web software marketing options available for software companies, and most are very affordable choices especially for smaller software firms and those that sell primarily online.

I also find that many software companies just don’t make the most of their web software marketing efforts. The most important thing to remember is that having a website is no guarantee that your target customers will find you… it is too easy to get lost as just one of the hundreds of millions of sites out there. Your website needs a marketing plan, just as any brick-and-mortar business does too.

First, think about your target customer. Where do they go online to find information about the problem your software product or service is addressing? That is where your digital marketing efforts should focus:

  • the search engines (Google is by far the most important),
  • relevant online forums and blogs,
  • relevant directories,
  • industry websites, etc.

So, getting your website visible in those places is your goal. Make a list of the most important sites where you would like your website to be highlighted.

In general, these are my main recommended areas to focus on for internet marketing of software products and solutions:

  1. SEO – make sure you’re following proper use of keywords, meta tags, and building inbound links to your website.
  2. Blog – you should have a blog on your website that is updated regularly, and participate in other blog discussions and comments.
  3. Participate in forums & discussion groups, including links to your website where appropriate (don’t spam!)
  4. Write articles and publish white papers online
  5. Issue online press releases
  6. Advertising: PPC or online classified advertising relevant to your niche.
  7. Webinars and virtual trade shows
  8. Get listed in directories – both general ones, and online software directories relevant to your niche
  9. Newsletter & email marketing (always opt-in)

You can find more detail in this article on building your web software marketing plan.


Isn’t SaaS Just Like Any Other Services Business?

June 10, 2009

In my last post I wrote about the key SaaS metrics:

  • Customer Monthly Recurring Revenue (CMRR),
  • Churn,
  • Cash Flow,
  • Customer Acquisition Cost (CAC), and
  • Customer LifeTime Value (CLTV).

It’s a big leap for a software business to go from thinking about Bookings as their main metric… to now these more services-based metrics.

Then that got me thinking… Aren’t these just the exact same metrics that apply to all subscription services businesses?

What about your local health club… that’s a subscription services business. I can’t say I’m an expert in the health club industry… but I bet they also track CMRR, Churn, Cash Flow, CAC and CLTV pretty closely. And similarly Bookings really aren’t what matters: who cares if you signed up 100 new members to the gym this month, if you also lost 150 member who didn’t resubscribe.

If you’re planning a SaaS business, but have more of a software/technology business background… then it might be a good idea to understand a little more about how these other service subscription businesses are run and managed. Come to think of it, I think I will too!

There just might be some really good lessons to be learned…


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