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Ways to Expand Your Software Business

If any company from any domain has to grow, they must incorporate the right sales and marketing strategies. Without it, no matter how hard you try, you cannot expand. Traditionally, companies spent a lot on hoardings, printed leaflets, and pamphlets. Moreover, cold calls were a part of the daily schedule. Most establishments did not pay much heed to such marketers. Most of them did not recognize the importance of your call.

The same factors dominate the software business. A B2B company like yours must change according to the changing business scenarios to deliver market-ready solutions. However, you can see a change in the mindset of the establishments today. You will come across several methods, including the inbound method. Find out how you can get more leads and expand your business the way you want to.

Have an Accessible Location

As a software firm, you need to understand the importance of your location. Most startups or any mid-level company choose your firm, due to a variety of reasons. They either do not have the expertise to deal with individuals or have no knowledge or guidance about the project outcomes they are probably looking for. Getting an office in a location that matches your target customers’ time zone is crucial for business.

Get in touch with an amortization broker to source the best alternatives in getting loans and properties. Everything is indeed digitized. However, the location of any software firm determines at what time employees will be available. So, matching time zones help in getting more customers in the same arena. Moreover, many prospective customers will be looking for face-to-face interactions and meet-ups for discussions.

Therefore, geography and time zones are important in this respect. Moreover, the needs of one geographical market differ from others. The mindset of the development team, client company, and the markets need to align. Thus, making location an important consideration for any software firm.

Spot Your Target Customer

If you do not target customers according to their requirements, you cannot expect any returns. Advertising your product without a niche clientele in mind will only help you launder the resources without fruitful results. So, the best way to move forward is to identify your targets and study them. Understand the background of your customers, their objectives, and their pain areas. Once you and your team can identify the product or solution your target customer base is looking for, create a unique plan around it. This preliminary step will help you convert prospects to closed leads and thus take your business forward.

SMART Goals for Your Organization

If you have started a company without a goal, you could be in for surprises. It will be like wading in any ocean without land to anchor. Establish concise and distinct objectives for your business. Create goals around the number of calls, presentations, prospects, and conversions. You need to work around the numbers in every sphere.

After you have the blueprint ready in front of you, you can work on the outcomes. Your goals should translate into SMART ones, which stand for specificity, measurability, achievability, realistic nature, and time frame. If you can converge all of these together, you can move ahead with full force.

Create a Market-oriented Content Strategy

You have to ensure the content being created in-house stands sound on three parameters — awareness, consideration, and decision. Most customers will not know you or your company. If you assume it that way, your primary responsibility is to make them aware that you exist. You can update all the content of your business page with blogs or other resources. That should get them interested. Infographics and videos are crowd-pullers.

In the next phase, you need to make your prospect consider your offering. You should get what they are looking for and then start offering options. E-books and templates do help to a huge extent. You can also devise presentations with SlideShare to send on their email ids.

In the last phase, the decision phase, your customer might have started procrastinating upon your offering. You should show them the best way and persist till they succumb. Claims come in useful in this phase.

Utilize the Power of the Web

notebook with keyword planner text scribbled

You must use the right keywords for your business and offerings. More than 90 percent of customers research the web before purchasing. If you do not come up on the searches, you stand no chance. Optimize the content according to SEO guidelines. Let your marketing team do the research. Google AdWords comes in handy during such times. Use both long-tail and short-tail keywords. Stop stuffing keywords, or Google could reprimand you.

These are a few ways that you can use to take your software business to the next level. These inbound techniques are new and trending. Get over cold calls and visits. The markets have changed, and you need to change, too.

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