Is This Why Your Customers Don’t See You as a Strategic Partner?

If you refer to your software company as a ‘vendor’ or ‘supplier’ to your customers you may limit the potential of your relationship right from the start! Rather,  present yourself as a ‘Technology Partner’, ‘Industry Solution Provider’, or even better, a ‘Strategic Partner’.

Why?

For all the following reasons:

  • The more senior the level of the relationship the more likely it is to be strategically important to the customer
  • The more strategic the relationship the more likely it is to be long-term (higher revenue), the less likely it is to be price and discount sensitive (higher margin)
  • And typically the more strategic the relationship the earlier you’ll learn of new sales opportunities.

In contrast, a supplier or vendor providing product or service solutions is usually Continue reading Is This Why Your Customers Don’t See You as a Strategic Partner?

CAD Trends – How Best to Reach CAD Decision Makers, Managers and Users?

For CAD professionals it’s interesting to know peer preferences but for CAD suppliers it is vital to know target audience preferences for staying up to date in order to best plan effective marketing.

Our Worldwide CAD Trends 2015 Survey revealed specific CAD user and manager preferences for staying up to date with the latest CAD industry developments. The survey results are based on responses from CAD users, Designers, Engineers, Professionals including managers and senior executives. You can access the recorded webinar here.

Continue reading CAD Trends – How Best to Reach CAD Decision Makers, Managers and Users?

What is a Buyer Persona? (Part 2 of 7 Series)

The original definition established in 2002 was, “Buyer Personas are research-based archetypal (modeled) representations of who buyers are, what they are trying to accomplish, what goals drive their behaviour, how they think, how they buy, and why they make buying decisions.” Today, the Buyer Persona Institute includes “where they buy” as well as “when buyers decide to buy.” Others have their own definitions, for example, Hubspot’s definition is, “Semi-fictional representations of your ideal customer based on real data and some select educated speculation about customer demographics, behaviour patterns, motivations, and goals.”

Buyer Personas ARE NOT specific real people, job titles, job  positions, target markets or industry segments.  Continue reading What is a Buyer Persona? (Part 2 of 7 Series)