According to data predictions, SaaS businesses are slated to maintain their ongoing growth trajectory through 2023 and beyond. This trend is good news for those companies that capitalize on the winning strategies of past years as they move into this new era of growth with innovative products and services. While the previous years have focused on experimental growth tactics, the coming time calls for SaaS marketing strategies that will be able to hold their own while the waves of fads come and go.
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What is SaaS marketing?
It is a software distribution model wherein applications are hosted by a third-party provider and made available to customers. This allows for scalability and flexibility that traditional software can simply not achieve. It is one of the three main categories of cloud computing. Some of the renowned SaaS companies include G Suite, HubSpot, Salesforce, Slack, and Zoho among others. SaaS marketing strategies become vital in a business when an individual wants to be able to specifically target customers or stand out from competitors and not necessarily worry about the technical overhead that comes with hosting an application themselves.
Let’s look at SaaS marketing strategies you can implement to boost your business-
9 SaaS Marketing Strategies For 2023
Here are the 9 best SaaS marketing strategies for 2023 you need to try:
Incorporate content marketing
Content marketing is a proven part of a SaaS marketing strategy that allows companies to disseminate information and build relationships with their customers, prospects, partners, and other audiences.
At the most fundamental level, getting more visitors to your company website involves publishing high-quality content that is related to topics of interest to your target audience.
When creating content for micro SaaS sales, it’s important to make sure that you have a landing page and detailed case studies and/or blog posts. The landing page can be used as an introduction to your product, showcasing the robust feature set and explaining why potential customers should sign up in an easy-to-understand manner. Case studies can follow a similar pattern, outlining how successful businesses are using your product to create new, innovative ways of making their workflow more efficient.
Blog posts don’t need to be structured that way and instead can serve as a forum where you express opinions and share relevant knowledge about important topics (for example, the usefulness of your product for solving various problems). Another great thing you can do for your SaaS marketing strategy is to create infographics that summarise why using your particular product is so beneficial.
Want your content to be read? Focus on creating authoritative content that not only shows visitors they should take notice of what you have to say but will also help them remember it and is relevant. This means that early, you will want to identify who your target audience is. From there, start crafting engaging headlines that can hold their attention.
Focus on SEO
Search engine optimization is key to getting your content seen. It can bring in plenty of visitors and improve search performance, which evens the playing field between you and your competitors. By using SEO with other strategies, you can quickly make sure your site migrates toward the top SERPs for major keywords. Tools like SEMrush allow you to track rankings, find keywords that would match up with what your brand or business offers, or build backlinks that can help both attract traffic and improve page performance.
Invest in PPC campaigns
A sobering truth is that not all of us get internet traffic from organic searches. If you are looking for a better way to catch your audience’s attention, try running pay-per-click (PPC) campaigns. They put your ads on other search engine portals or websites and are scalable since once you know what works, it’s easy to manage the cost with ease. The key is to create engaging ads and campaign-focused landing pages that help funnel your targeted leads in your direction!
Create e-mail lists
Once your SaaS business gains traction on social media and other networking platforms, change to direct communication — by sending targeted and personalized email campaigns that address the needs of your contacts. You can do this through segmenting based on previous engagements, including downloads and website visits, as well as through pinpointing subscribers with relevant marketing content on social media channels. With email marketing being a powerful way of providing value to others while also generating more leads, it’s no wonder that it is a major part of many SaaS marketing strategies even today.
Offer free trials
Source: Stefan Smulders
If you’re looking for a way to tell potential buyers about the amazing service that you provide, free trials are an effective solution. They encourage users to open their minds and put your product to the test to prove its worth! While some customers won’t want to commit right off the bat, others will take advantage of the opportunity. If you want to get your product out there, try offering prospective users a trial period so they can see what all the buzz is about before you upsell them on one of your paid plans.
Have clear pricing plans
An often neglected element in a SaaS marketing strategy is pricing. Pricing pages are an incredibly significant part of any company’s marketing plan and should be designed to highlight the needed information which could lead to a sale. Disclosing a discount, deal, or guarantee will create a sense of urgency and encourage more conversions.
Pricing pages should highlight cost-saving features in bold but succinct bullet points for easy reading. It is important to jot down the key benefits of each plan clearly and display them prominently on the page so that potential customers can compare the different plans. With well-designed comparison charts, it makes it easier for buyers to choose a tier that meets all of their requirements without having to exit the pricing page repeatedly and also lets them identify which works best for them quickly and easily.
Make signing up easy
The best way to get more people to sign up is by making the process easier. For example, you could remove any unnecessary fields such as personal information that isn’t relevant to the service the customer will be getting from you. Ideally, you would also want to make it so that your customer has all of the information they need to decide on signing up, but in a nutshell and without too many distractions.
Additionally, including a strong call-to-action with an indication of what exactly your user is going to gain for making their purchase at each stage of the experience will pay off in future sales!
Provide social proof
According to multiple sources, positive reviews and customer testimonials are effective at increasing conversions for SaaS products. This is because they help provide proof that the product being advertised works. Further, you need to consider customer psychology. It is hard to trust a product that does not exist physically. Thus, it benefits marketers and business owners to embrace this SaaS marketing strategy and have these types of reviews and testimonials available on their home page as well as in specific landing pages devoted to features and functionality.
Write concise CTAs
The best way for a sale to happen is by a combination of an optimized sign-up process and clear CTAs.
If a visitor wants to learn about your product, make it easy for them to do so by sending them directly throughout the sales funnel with at least two well-thought-out, actionable CTA’s that encourage them to continue moving along the path that they were already on while browsing the website.
Easy SaaS marketing strategies for everyone
One of the most exciting parts of being in the SaaS industry is that there is always something to learn about. In the last few years, we saw the rise of marketing automation, AI, and chatbots, and now we’re on the brink of even more exciting technology.
While it’s impossible to know what SaaS marketing strategies for 2023 and beyond one can expect, we can make some educated guesses. If you’re looking to stay ahead of the curve, these SaaS marketing strategies will help you do just that.
To build a strong SaaS marketing strategy for 2023, contact me.