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5 Startup Go-To-Market Strategy Tips
Go-To-Market strategy is the mechanism by which the startup proposes to deliver a unique value proposition to specific target market. That value proposition is based on the choices the business has made to focus on and its investments in markets and solutions that they believe will respond positively to the increased attention.
5 key questions:
WHO will we actively target within the market?
WHAT will be our product portfolio for target customers?
HOW MUCH will we charge for our products for different customers?
HOW will we promote our products to target customers?
WHERE will we promote and sell our products to target customers?
Watch Justin Wilcox, Founder of OnCompare, describes the critical steps in a go-to-market strategy for every startup.
http://www.academybridge.org/videogalle ... -strategy/
Good Luck With Your Startup!
Dr. G.L. Danford
5 key questions:
WHO will we actively target within the market?
WHAT will be our product portfolio for target customers?
HOW MUCH will we charge for our products for different customers?
HOW will we promote our products to target customers?
WHERE will we promote and sell our products to target customers?
Watch Justin Wilcox, Founder of OnCompare, describes the critical steps in a go-to-market strategy for every startup.
http://www.academybridge.org/videogalle ... -strategy/
Good Luck With Your Startup!
Dr. G.L. Danford
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Comments
Go-To-Market strategy plays a very important role in familiarizing your new product to customers. In this process marketing team and sales team of the company plays a very important role. I was keen to know more about this strategy and my friend referred me to Go-To-Market Strategy template http://www.fourquadrant.com/product/go- ... ng-blocks/.
1. Implement email marketing to your business: Considered to be one of the most cost effective and efficient mode of marketing, email marketing can bring you a list of subscribers if implemented properly. Engage in building a healthy list of subscribers (whereby you'll asking their permission before they sign up to your website rather than stealing their email id from other website) if you want to build a long term relationship with them. Build your brand name by sending emails and newsletters to your subscribers.
2. Go ahead and promote your brand name by teaming up with a partner website.
3. Hold a promotional offer for the first time signups. This will allow more prospects signing up to your website.
4. Engage in writing blogs for your customers. Make sure to write a very interesting blog as per the interest of your subscribers so as captivate their attention thereby building a brand name for your startup.
5. Promote yourself on the social media platform as well. This will result in creating a huge traffic to your social media page thereby compelling your prospects to visit your website.
Review and update your customer profile.
Make use of E-mail marketing for better results.
Review and organize your marketing collateral.
Document your sales and marketing strategy.
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Behavior Driven Development (BDD) TrainingJoin a LinkedIn group that's jam-packed with people in your target market. For us, one of our target markets was social media consultants. So I found a LinkedIn group of social media consultants and joined it.
Once you're in the group, you can message other members. I sent messages inviting people to become beta-testers for a soon-to-be-launched service. The early adopters opted in. I saw results within hours.