October 22, 2023
🚀 Navigatingv10 GTM Strategies in the Tech World 🚀

For tech companies, having a robust go-to-market (GTM) strategy isn't just recommended - it's essential.

💡For technology companies, having a robust go-to-market (GTM) strategy isn't just recommended—it's essential. Let's deep dive into these strategies, below.

1. 🌟 Product-Led Growth (PLG)

• What is it? 🤷‍♂️: The product itself drives the growth. Start free, and if users love it, they go premium.

• Spotlight On: Slack 📲: Started with a freemium version, and before you knew it, everyone wanted to go premium!

2. ✍️ Content Marketing and Thought Leadership

• What's the deal? 📘: Sharing free, top-tier content to make potential clients trust you.

• Spotlight On: HubSpot 📊: They're not just selling software; they're teaching you how to market with their vast content library.

3. 🎈 Freemium Model with Upsells

• Break it down: Offer basic stuff for free, but the real magic? That's in the paid version.

• Spotlight On: Dropbox 📂: Need more space? Time for an upgrade!

4. 💼 Enterprise Sales Model

• What is it? 🤝: Big deals with big companies—it's all about relationships.

• Spotlight On: Oracle and SAP 🖥️: They aren’t in the business of selling; they're in the business of solving.

5. 🤝 Channel Partnerships

• What's the buzz? 🔗: You + Partners = Bigger Reach.

• Spotlight On: Microsoft 🖱️: Their partner network? It's like the universe—ever-expanding!

6. 🎯 Vertical-specific Solutions

• What does it mean? 🛒: Custom solutions for niche industries.

• Spotlight On: Veeva Systems 🧬: Pharma's best friend in the cloud!

7. 🌐 Community Building

• What's the vibe? 💬: Build a tribe; they'll advocate, innovate, and celebrate your product.

• Spotlight On: GitHub 👩‍💻: Not just a platform, it's a developer's playground!

8. 🎁 Referral Programs

• How does it work? 💌: Share the love, get the love!

• Spotlight On: Airbnb 🏠: Travel credits made inviting friends so much more rewarding.

9. 🛍️ Bundling and Cross-selling

• What's the plan? 🎉: More for less, or get this with that!

• Spotlight On: Adobe 🎨: Why buy one when a bundle does the fun?

10. 🌍 Localized Strategies for International Markets

• What is it? 🌐: Think global, act local.

• Spotlight On: Netflix 🍿: Local tastes get a global stage.

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🔑 Key Takeaway: The secret sauce to a banging GTM strategy in tech? Know your audience, stay nimble, and keep those feedback loops strong. Your strategy should dance to the market's tunes while playing to your strengths!🎵

Rotimi Olumide

Thought leader, speaker, multifaceted business leader with a successful track record that combines consumer & product marketing, strategic business planning, creative design and product management experience.

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