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	<title>Ann Neir &#8211; MartechView</title>
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	<title>Ann Neir &#8211; MartechView</title>
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		<title>Why Customer-centric GTM Strategies Win in Today&#8217;s B2B Landscape</title>
		<link>https://martechview.com/why-customer-centric-gtm-strategies-win-in-todays-b2b-landscape/</link>
		
		<dc:creator><![CDATA[Ann Neir]]></dc:creator>
		<pubDate>Tue, 23 Jul 2024 20:26:09 +0000</pubDate>
				<category><![CDATA[CX]]></category>
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		<guid isPermaLink="false">https://martechview.com/?p=27318</guid>

					<description><![CDATA[<p>Today's B2B buyers are in control. Learn how customer-centric strategies and go-to-market motions are key to winning deals in a competitive landscape.</p>
<p>The post <a rel="nofollow" href="https://martechview.com/why-customer-centric-gtm-strategies-win-in-todays-b2b-landscape/">Why Customer-centric GTM Strategies Win in Today&#8217;s B2B Landscape</a> appeared first on <a rel="nofollow" href="https://martechview.com">MartechView</a>.</p>
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										<content:encoded><![CDATA[<h2>Today&#8217;s B2B buyers are in control. Learn how customer-centric strategies and go-to-market motions are key to winning deals in a competitive landscape.</h2>
<p><span style="font-weight: 400;">Every B2B deal has two sides: the seller and the buyer. In the past, sellers took the lead in driving B2B deals forward. Now, it’s the buyers who call the shots.</span></p>
<p><span style="font-weight: 400;">Modern B2B buyers have endless information at their fingertips, and many prefer to do their research before contacting a sales rep. </span><a href="https://www.gartner.com/en/sales/insights/b2b-buying-journey" target="_blank" rel="noopener"><span style="font-weight: 400;">Gartner’s</span></a><span style="font-weight: 400;"> research found that 75% of buyers prefer a rep-free experience. When a buyer does reach out, they expect to engage with a helpful seller who is ready and able to deliver tailored experiences and solutions that meet their unique needs and preferences.</span></p>
<p><span style="font-weight: 400;">But </span><span style="font-weight: 400;"><span style="box-sizing: border-box; margin: 0px; padding: 0px;">sellers often fall short. <a href="https://campaigns.mindtickle.com/state-of-sales-productivity/" target="_blank" rel="noopener">Mindtickle research</a> found that </span>a mere 34% of buyers believe their sales reps are genuinely helpful during the buying process. </span></p>
<p><span style="font-weight: 400;">Now, more than ever, revenue leaders must ensure their go-to-market strategies and motions put the customers’ needs and expectations front and center.</span></p>
<p><em><strong>Also Read: <a href="https://martechview.com/optimize-your-contact-center-workflow/">Conquer Customer Chaos: Optimize Your Contact Center Workflow</a><br />
</strong></em></p>
<h3><span style="font-weight: 400;">Customer-centricity is key to business growth </span></h3>
<p><span style="font-weight: 400;">Multiple vendors offer solutions to any given business challenge. Businesses must prioritize customers&#8217; needs to stand out in a crowded marketplace.  </span></p>
<p><span style="font-weight: 400;">Previously, offering an excellent product guaranteed a business’s success. But that’s no longer the case. Increasingly, buyers base their purchase decisions on their experiences with a company. According to a report from </span><a href="https://www.salesforce.com/resources/articles/customer-expectations/" target="_blank" rel="noopener"><span style="font-weight: 400;">Salesforce</span></a><span style="font-weight: 400;">, 80% of customers feel a business&#8217;s experience is just as important as its products. </span></p>
<p><span style="font-weight: 400;">Businesses must focus on delivering connected, customer-centric experiences throughout the purchase journey</span><span style="font-weight: 400;"><span style="box-sizing: border-box; margin: 0px; padding: 0px;">—whether a prospect is researching independently or engaging with a sales rep. Those who center their strategies around the customers’ needs reap the rewards. <a href="https://professional.dce.harvard.edu/blog/how-to-create-positive-customer-experiences-for-your-business/" target="_blank" rel="noopener">Research</a> cited by Harvard found that </span>84% of businesses that improved their customers&#8217; experiences experienced revenue growth. </span></p>
<p><span style="font-weight: 400;">Of course, customer-centricity can’t stop once the deal closes. Customers aren’t as loyal as we’d like; even a negative experience can send them searching for a better option. Ongoing, customer-centric experiences are essential to increasing customer satisfaction, retention, and lifetime value. </span></p>
<h3><span style="font-weight: 400;">The customer is the heart of any successful strategy </span></h3>
<p><span style="font-weight: 400;">Customers must be at the center of everything a business does. While this may seem a no-brainer, the data tells a different story. If a third of buyers feel their sales reps are helpful, two-thirds feel unfulfilled – and unlikely to make a purchase. Businesses have a lot of work to do when meeting buyers’ expectations.</span></p>
<p><em><strong>Also Read: <a href="https://martechview.com/cx-ai-powered-hyper-personalization/">How Predictive Analytics and GenAI Drive Hyper-Personalized CX</a><br />
</strong></em></p>
<p><span style="font-weight: 400;">Businesses must center their go-to-market strategies around the customer journey and build go-to-market motions to support these strategies. They must thoughtfully consider questions like: </span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">How do our customers buy?</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Who are their personas? </span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">What problems are they trying to solve?</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">What value do they see in our solution? </span></li>
</ul>
<h3><span style="font-weight: 400;">Customer-centric strategies and motions are foundational </span></h3>
<p><span style="font-weight: 400;">In the past, many businesses focused on growing the top line. Their solution often involved hiring several sales reps and over-investing in them. They’d focus on growing the top line and worry about becoming efficient another day.</span></p>
<p><span style="font-weight: 400;">In the current marketplace, businesses are focused on growing their top line—but in a repeatable, predictable, and efficient way. Go-to-market strategies and motions are essential to business growth, and both must center on the customer. The GTM motion gives businesses the actions to execute their strategy in a way that drives efficient investment, makes it repeatable, and drives consistency.</span></p>
<p><em><strong>Also Read: <a href="https://martechview.com/contact-center-metrics-you-need-to-track/">8 Top Contact Center Metrics You Need to Track for Exceptional CX</a><br />
</strong></em></p>
<p><a href="https://www.mindtickle.com/blog/11-steps-to-a-powerful-go-to-market-strategy/" target="_blank" rel="noopener"><span style="font-weight: 400;">Go-to-market strategy</span></a><span style="font-weight: 400;"> and go-to-market motion are two terms that are used frequently. While these two concepts are certainly related, they’re not similar. </span></p>
<p><span style="font-weight: 400;">A go-to-market strategy is a vision of the business&#8217;s future. For example, you may aim to penetrate a certain market segment or increase the growth of a certain product.</span></p>
<p><span style="font-weight: 400;">On the other hand, a go-to-market motion is the blueprint for how you’ll actually execute your strategy. The GTM motion takes your strategy and distills it down to:</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Who you’ll target </span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">What pricing, packaging, and ongoing support you’ll position</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">How you’ll target them</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">What messaging you’ll use</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">What processes you’ll use</span></li>
</ul>
<p><span style="font-weight: 400;">The customer segment is the heart of the GTM motion. You must understand your potential customers, including their needs, challenges, and how they want to buy. You must also understand the value they’ll see in your solution – </span><i><span style="font-weight: 400;">not</span></i><span style="font-weight: 400;"> the value you see in it. This is foundational to delivering customer-centric experiences throughout the purchase journey. </span></p>
<h3><span style="font-weight: 400;">Effective customer-centricity initiatives are ever-evolving </span></h3>
<p><span style="font-weight: 400;">In the world of business, change is constant – and rapid. Customers’ expectations are always in flux, and businesses must be willing and able to adapt accordingly.</span></p>
<p><span style="font-weight: 400;">Perhaps you’ve built a strong, customer-centric GTM strategy and motion. However, it’s imperative to assess your initiatives and adjust as necessary continuously. In other words, you must work to ensure the strategy and motion you build today continue to reflect the needs and the journey of your customers. </span></p>
<p><span style="font-weight: 400;">For starters, be sure to track the impact of your initiatives. Tracking the </span><a href="https://www.mindtickle.com/blog/the-complete-guide-to-sales-enablement-kpis/" target="_blank" rel="noopener"><span style="font-weight: 400;">right key performance indicators (KPIs)</span></a><span style="font-weight: 400;"> lets you see if your strategy is on track. With regular measurement, you can see around corners and determine where you may need to course correct or accelerate efforts. </span></p>
<p><em><strong>Also Read: <a href="https://martechview.com/compliance-and-customer-delight-in-the-age-of-ai/">The Personalization Revolution: Compliance and Customer Delight in the Age of AI</a><br />
</strong></em></p>
<p><span style="font-weight: 400;">It’s also important to continuously capture feedback from the people you’re trying to reach. Be sure you have a mechanism to hear and understand what prospects and customers say. That way, you can adapt accordingly to meet customers&#8217; needs better. By consistently meeting (and even exceeding) your customers’ needs, you’ll be well-positioned to win and retain their business. </span></p>
<p>The post <a rel="nofollow" href="https://martechview.com/why-customer-centric-gtm-strategies-win-in-todays-b2b-landscape/">Why Customer-centric GTM Strategies Win in Today&#8217;s B2B Landscape</a> appeared first on <a rel="nofollow" href="https://martechview.com">MartechView</a>.</p>
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