Should you center your startupās product messaging on the business impact?
ā³ So that CEOs & CFOs get onboardā¦
š Only if you want to waste your time.
SaaS marketers forget how little these decision-makers care about your productā¦
ā° And how little time they have to evaluate your ROI message.
Consider this stat fromĀ Talisman
š¤Æ The average business has 99 SaaS apps.
ā³ I've seen some studies as high as 300.
If we assume it takes a CEO or CFO 45 minutes for them to read your product page, comb through a few case studies, and review your proposal...
š“ They'd spend 75 hours (2 weeks) doing this analysis.
ā³ These decision makers don't have time for this.
So how do CEOs and CFOs handle this time gap?
š„ They rely on the argument of the internal champion.
ā³ NOT the argument of the Sales & Marketing.
They ask:
ā Is the champion credible internally?
ā Is their ROI message compelling?
ā Do other internal stakeholders agree with the champion?
So how should SaaS marketers approach ROI messaging?
š Focus your product messaging on the champion
And when the time comes...
šŖ Arm them with an ROI message to win over their CEO & CFO.
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P.S. If you happen to be a CEO or CFO and have this SaaS overload problem, you might want to check out Talisman.
(They're doing some cool stuff to manage software spend)
Ben Wilentz
Founder,Ā Stealth Startup