The SaaS Marketing Blueprint: Bringing in Customers ASAP
Remember when the guys taught Monica, Rachael, and Pheobe how to play poker, and they still kinda sucked at it? Well, I am not gonna do that to you. You, my friend, after going through this B2B SaaS marketing blueprint, will know to build the damn building of attracting clients, retaining them, and making them happy!
In this booklet (not really), you'll get an understanding of the fundamentals of SaaS marketing. Then, we will get to know together the components of a B2B SaaS marketing strategy. (Fun, eh?)
Everything here will have real-life examples (or weird analogies that may or may not get). But there is one thing for sure. Actually two.One that you'll have a lot of fun. And two, you will become an expert (if you read it carefully), and you'll know how to do SaaS Marketing.
SaaS Marketing? WUT? Idk, do you?
Before we start anything, you gotta know what Saas marketing is, right? Makes total sense.
Imagine you being a wizard who sells magic potions wizards to other wizards and witches. That's kind of what SaaS marketing is.
But, instead of selling, you are renting them to your clients.
You are not selling a product, you are selling a service. You are providing the product value, helping your client with upgrades, and handling support. You are the potion seller (and consultant).
And just like a seller in Diagon Alley, you gotta use the right spells (SaaS marketing strategies) to bring in the perfect customers. You can't just slap a sign, "SaaS for sale" on your doorstep (landing page).
You gotta create compelling content, actually, reach out to the users, and build relationships.
SaaS Marketing vs B2B Marketing. WAR INCOMINGGGGGG!
SaaS Marketing is like a subset of digital marketing that's here to promote software as a service (SaaS) solutions, instead of the traditional approach with mass reach and short-term conversions.
SaaS product marketing is more of a personalized long-term approach that focuses on getting longer benefits, targets a specific audience, and delivers long-lasting value to you and your client.
SaaS Marketing: A Story
What if the wizard could sell his potions on demand and they were brewed as the customers came in? All without having any physical stores or logistics. SaaS Marketing does exactly that to your software.
You ask me why SaaS Marketing is booming. Well, here's a brief for you.
Accessible
A client can access your SaaS solution from anywhere in the world with a stable internet connection. Convenient? Yesss.
Cost-effective
Does your SaaS solution come with a subscription model? Most likely. That's what makes it seem more affordable and predictable than a traditional software licensing platform.
Scalable
When it comes to SaaS, scalability is an unsaid thing. Your customers can easily scale up or down to meet the changing needs of their business. They don't even have to pay for the hardware because you handle that.
Maintenance and Updates
You handle the technicality, hardware, software, updates, security, and infrastructure for the whole thing. (Your SaaS). Plus you are always working on putting in more features and improvements. What customer wouldn't like that?
The story of SaaS Marketing is pretty simple. You give, customers get. The question is how to let your customers know what your SaaS offers is superior to your competitor. If you can do that, you win.
Why is Selling Services Different from Selling Products?
If you look into it, you might find the fundamental differences between selling a product and selling a service.
The Dream Team of 6
Ah, the dream team of 6 reminds me of F.R.I.E.N.D.S. Each with their unique quality, skills, and personalities, together to make the perfect team. In the world of B2B SaaS marketing, we also have a dream team and a bunch of marketing strategies that bring in customers, grab their attention, and bring them closer to your SaaS.
SaaS Content Marketing aka Rachel Green
Content marketing for SaaS is the cornerstone of a successful strategy. It's just like how Rachel was a personal shopper for the clients. With content, you are attracting people with your words, establishing yourself, and building trust among the customers.
Here's what you gotta do in SaaS content marketing:
- Curate blog posts, articles, whitepapers, and other content for your target audience. Make sure this content addresses their pain points and provides solutions.
- Keep in mind that this content needs optimization for SEO.
- You can promote your content on social media through paid and paid marketing.
SaaS Email Marketing aka Joey Tribbiani
Do you know how Joey was the sweetest person in the group who knew how to build relationships? That's how your email marketing campaign should be. An email from you should dazzle your client and make it irresistible for them to open (the email and their wallet).
Here's what you have to do to drive conversions:
- Divide your potential customers and subscribers into segments based on their demographics, behaviour, and interests. (for targeted messaging)
- Now, create personalized emails and make sure that email resonates with the reader it's going to.
- Perform A/B testing. Experiment with subject likes, hooks, and content to update and optimize.
SaaS UI/UX Design aka Monica Geller (Bing!)
You see how Monica was so particular with everything? How her walls were purple and everything looked so nice? A well-designed user interface (UI) and user experience (UX) will define your SaaS product on the first go to your potential customers.
If you have a good UI/UX, you become easy, enjoyable, and memorable!
How to do that?
- Conduct in-depth user research and understand what your audience wants.
- Build a user-friendly interface and keep things clean, visually appealing, and intuitive.
- Develop your landing page for mobile devices for a wide variety of users.
B2B SaaS Social Media Marketing aka Chandler Bing
Who better than Chandler to describe your Social Media Marketing campaign? Could I be more specific?
Today, social media is powerful. It's how you build brand awareness, bring your SaaS to the market, engage with the audience, and generate leads.
Here's how to go about this SaaS marketing strategy:
- Choose the right social media platforms. (The ones where your audience is)
- Develop engaging content. Add in news, tips, and resources.
- Don't forget to interact with the audience.
SaaS Inbound Marketing aka Ross Geller
Strategy, intelligence, and divorces, that's what Ross Geller is all about. (Don't pick up the divorces thing, okay?)
SaaS inbound marketing is a strategic method to get qualified leads for your business using content and online presence.
How to do it??
- Get your website optimized for search engines to pick it up and get you visibility and reach.
- Share informative, engaging, and high-quality content.
- Use social media for promotion and interaction with the audience.
SaaS Outbound Marketing aka Phoebe Buffay
Pheobe is the queen of using unconventional approaches and still getting what she wants. That's what this B2B SaaS marketing strategy is for you. It's gonna help you reach out to potential customers and leads.
How to perform Outbound Marketing?
- Identify your target audience. (Build an Ideal Customer Profile)
- Choose the right marketing channels (Email outreach, Direct Email, LinkedIn DM, Cold calling, etc. )
- Personalize everything!
Lead Generation and SaaS, SUS?
Lead generation is all about snapping and kidnapping your potential customers (not literally).
It's the process of identifying customers who may be interested in your SaaS product. This is a crucial step in your SaaS marketing strategy funnel and for your business growth.
Here's how the Lead Generation process goes in Digital Marketing.
Target Audience Identification
- Build your Ideal Customer Profile.
- Consider demographics, pain points, behavior, and goals
- Segregate and identify who you should focus on.
Content
- Use SaaS content marketing
- Develop high-quality content, including blog posts, articles, answers, etc.
- Every piece should either provide value, entertain, or have a specific purpose for the audience.
Website and Landing page Optimization
- Make sure your website is as per SEO standards
- The UI/UX of your landing page and website should be appealing to the user’s eye, easy to browse, and engaging. Keep things simple, yet attractive.
- One thing you should focus on is the copy of your landing page. Most people forget about it but it's the content that matters, it’s what the user looks at and reads, and should be your primary focus.
- Do everything in your power to improve website visibility to get organic traffic.
Capturing Leads
- Use Lead Gen forms
- Use your landing pages
- Use appropriate and clear CTAs (Call-to-action) to capture potential client information
Nurturing Leads
- After you capture leads, nurture them.
- This can be done through SaaS email marketing, content marketing, and personalized outreach methods
- The goal is to build a sense of trust and relationship with them.
C'mon, tell me what's my threshold?
Interesting topic huh?
How to identify how well I am doing? How do I know the effectiveness of my efforts and campaigns on the market? What's the threshold?
The B2B SaaS marketing benchmarks here will help you identify areas for improvement in your current plan of SaaS product marketing. These will also help you optimize things and drive growth.
1. Conversion Rates
There are two things here that you should take into account.
Website Conversion Rates.
How many people are visiting your website and converting to leads? (The percentage)
For example; You can consider people who come to your landing page and end up filling out the contact form, downloading your free resources, or subscribing to your newsletter.
Lead-to-customer Conversion Rate
Percentage of people who form visitors or leads, become paying customers.
2. Lead Quality
Lead Quality is basically a number that gets assigned to a lead. The number depends on whether the lead is in any way a fit for your ICP (Ideal Customer Profile). Moreover, it also depends on whether the lead engaged with your content on social media, emails, etc.
3. Marketing Costs
We all know that marketing is not free. (I mean I am not trying to scare you, but you gotta have a solid budget if you want customers)
Customer Acquisition Cost (CAC)
It is the total cost you spend on acquiring new customers. This can include marketing and sales costs, social media costs, physical marketing costs, and other expenses.
Cost-per-Lead (CPL)
It's the money you spend for every new lead.
4. Return on Investment (ROI)
If I am spending a certain amount of money, I gotta get my worth (or more) back, right? The marketing ROI is the one that you get back from your marketing efforts.
5. Other Metrics
Here is a list of some engagement metrics you should keep an eye on.
- Website Traffic
- Bounce Rate
- Time on the website (spent time)
- Email open rate
- CTR (click-through rate)
Lead Generation Strategies
Learning about Lead Generation Strategies is like being a young wizard who wants to know everything about the spells and potions (and how to fly) in terms of B2B SaaS marketing.
Here are some Lead Generation strategy types you should know about;
Account Based Marketing (ABM)
In ABM, you as a B2B SaaS company have to focus on certain accounts. You can select some high-value accounts and not target a broad audience. This way, you could do more personalized and targeted marketing.
For example, a SaaS company selling management software may target a logistics firm as their high-value account.
Paid Advertising
You can reach a wider audience if you go with the paid targeting approach. You can use tools like Google Ads and LinkedIn Ads and target specific demographics, interests, and challenges to reach just the right key decision-makers. (Just like Tom Riddle's diary reached Harry)
Partnerships
Another way to go about Lead Generation is by partnering with different businesses from multiple industries that reach the same target audience. This approach is called cross-promotion of products and services.
You gotta figure out the whole marketing plan by either hiring a team of in-house marketers and sales people or by hiring a SaaS marketing agency to build B2B SaaS strategies for you.
When Does a SaaS Marketing Agency come into play?
Accelerating growth is what you want for your business. SaaS marketing may seem a bit complex at first. You gotta learn it, get the hang of it, and learn about using marketing tools to get the best result.
There is another way for greater success. Hire the best SaaS marketing agency out there and get your work done by the best.
Why?
- They have the domain expertise
- They have the experience
- They have a proven track record of helping other businesses.
- They can access all paid and unpaid tools required for results and leads.
Do your research and find someone who stays by you, wants the best for you, fits your budget, and does wonders for your SaaS success.
OK, Bbye!
There is enough that I have said and a lot that you have learned. I apologize for all the Friends and Harry Potter references I have been using. (Although I would encourage you to watch and read both if you haven't yet)
There is still a lot to SaaS Marketing you gotta know. But this blueprint was your start. This could help you figure out how to create a base to build B2B SaaS marketing strategies that bring you and your business maximum growth and progress. I am not saying that getting your hands on customers is easy (In fact it's not easy at all). But your SaaS product rocks and if you combine it with a marketing strategy that beats nothing, you win!
All the best and the best regards from this writer.