Post by account_disabled on Oct 19, 2023 6:10:36 GMT
his is the final post in a five-part series that discusses key trends in tech marketing. It is based on the APAC edition of the Age of Agility, aleads. And when a marketing lead converts into actual sales, we pop a virtual bottle of champagne and move on... But what about after the sale?Post-sale support consistently ranks among the top three factors that decision-makers prioritise when choosing a vendor (60% in APAC, 68% in ANZ, 75% in India and 67% in Singapore).
This tells us that buyers are investing in an Phone Number List outcome, not a product. They expect their vendors to support them as they work to turn their technology investment into desired business results. For tech marketers, this has important implications when it comes to (1) retaining existing customers and (2) winning new customers.To retain existing customers, remember that around half of all tech buyers (50% in APAC, 46% in ANZ, 55% in India and 57% in Singapore) take into account past experience with a solution when choosing a vendor.This means that stronger relationships can lead to increased business opportunities.As tech marketers, we can leverage Account-Based Marketing (ABM) strategies and work closely with sales, customer experience and other customer-facing functions to find out where existing customers feel our brand excels and where it may fall short of their expectations. These insights can form the basis for targeted messaging and action plans to elevate positive sentiments and address any less-than-positive ones.
Similarly, when it comes to wooing new customers, we see an opportunity for tech marketers to focus on potential pain points like technology adoption timeframes, which can take nearly a year in enterprise companies across APAC.Many technology solutions involve lengthy adoption periods, with implementation and renewals taking anything from 8.5 months in India to 12.12 months in ANZ. This can be a bugbear for potential customers as it impacts time-to-value, particularly for subscription-based solutions.
This tells us that buyers are investing in an Phone Number List outcome, not a product. They expect their vendors to support them as they work to turn their technology investment into desired business results. For tech marketers, this has important implications when it comes to (1) retaining existing customers and (2) winning new customers.To retain existing customers, remember that around half of all tech buyers (50% in APAC, 46% in ANZ, 55% in India and 57% in Singapore) take into account past experience with a solution when choosing a vendor.This means that stronger relationships can lead to increased business opportunities.As tech marketers, we can leverage Account-Based Marketing (ABM) strategies and work closely with sales, customer experience and other customer-facing functions to find out where existing customers feel our brand excels and where it may fall short of their expectations. These insights can form the basis for targeted messaging and action plans to elevate positive sentiments and address any less-than-positive ones.
Similarly, when it comes to wooing new customers, we see an opportunity for tech marketers to focus on potential pain points like technology adoption timeframes, which can take nearly a year in enterprise companies across APAC.Many technology solutions involve lengthy adoption periods, with implementation and renewals taking anything from 8.5 months in India to 12.12 months in ANZ. This can be a bugbear for potential customers as it impacts time-to-value, particularly for subscription-based solutions.
