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Tell me what your company does

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161–170 of 195 posts

Re: Tell me what your company does

#161
Off-topic: since when did Medium ask readers to "sign in to get the full experience" with a giant modal? Is anyone else getting this, or are they A/B testing?

I hope they don't go down a route of blocking non-subscribers from reading their content like Quora.

Re: Tell me what your company does

#162

Off-topic: since when did Medium ask readers to "sign in to get the full experience" with a giant modal? Is anyone else getting this, or are they A/B testing? I hope they don't go down a route of blocking non-subscribers from reading their content like Quora.

I'm not getting it.

Re: Tell me what your company does

#163
post #62

Earlier quoted context omitted.

It's an answer that provides a possibly logical reason for the behavior but I don't buy it. Firstly because inbound phone calls are incredibly rare. Maybe it's more common for people to pick up the phone in the states but in my three years selling B2B SaaS (enterprise and startup) I never received a hot inbound lead on the phone. It's a bit different if your market leader but most companies and products aren't so I d…

B2B startups don't rely on inbound phone calls, they want you to leave your email, phone number, and company size in order to "receive a case study", "book a product demo", or "subscribe to a newsletter", and that's when the real sales process starts. They put a lot of money and effort into sales and marketing, and you underestimate them by thinking that it's a sign of incompetence.

Bro, read my comment.

We're talking about why a lot of B2B tech companies have a lot buzzwordy nonsense instead of descriptions of what they can do for their customers (this is not unique to tech companies, I would say this goes for most B2B) and the theory put forward was that it's to get people to pickup the phone so they can understand what the fuck the product does. This is what I debunked.

I literally worked as a salesrep at a fairly big B2B marketing startup and one of the largest enterprise software companies.

What you refer to is content marketing to generate inbound leads. Those leads would then be put on a mailing list and and an outbound process would start. Except the "book a demo" (inbound lead) which I never recall leading to a good deal.

If you are a small stage startup with a small sales team you can probably get by on inbound but you have to go outbound to saturate the market. Even then, having poor description is going to hurt your Google fu so I don't buy the strategy.

If your the market leader, like salesforce in crm, you're going to see a lot of inbound but that's because people know your product and you're gartner quadrant status. Even then you'd still do maybe 50/50 inbound outbound.

In either case, the "it's shit because it works" argument still doesn't really hold up.

They put a lot of money into sales, they put a lot of money into going to conferences. They do not, however, seem to put really any money into a decent copywriter.

Re: Tell me what your company does

#164
post #62

Earlier quoted context omitted.

It's an answer that provides a possibly logical reason for the behavior but I don't buy it. Firstly because inbound phone calls are incredibly rare. Maybe it's more common for people to pick up the phone in the states but in my three years selling B2B SaaS (enterprise and startup) I never received a hot inbound lead on the phone. It's a bit different if your market leader but most companies and products aren't so I d…

Last point is on the dot. I work to optimize websites and bring this issue with clients all the time. In the end, a mid-level in house marketing guru will convince his seniors that this is the way to go - after all how else will they justify their jobs?

Worth noting is I learnt jack shit about copywriting in my communications degree. You'd have to work in an agency, FMCG, media or similar industry to learn that stuff and in my experience, you don't often see that in tech.

I feel your pain. I just brought the Google fu aspect up in another comment.

Re: Tell me what your company does

#165
post #127

Earlier quoted context omitted.

You may want to get them "confused" (or, to use a more positive phrase, excited), but crucially, you don't want them to get sticker shock. Most software is essentially free on the margin. You don't want to leave $20k on the table by scaring them with a $40k price tag, but you also don't want to charge someone who'd be happy to pay you $50k tens of thousands less, just because you felt called to put a number on your w…

That kind of pricing is bad in the long run, though, because that customer who paid $50k is eventually going to learn that their competitor only paid you $20k and then they're going to be pissed at you about it forever and ever .

In practice, the $50k customer will typically be getting something tangible that the $20k customer isn't. Perhaps they have a custom feature developed, perhaps they have special on-call/on-site support, perhaps they pay a much discounted unit-price, say $10/user (but for 5000 light users) where the other customer is paying $200/user for 100 heavy users.

If you're selling the exact same product ("exact" in the business-sense that includes stuff like support or long-term price commitments, not in the geek-sense where CentOS is the exact same as RedHat) for two vastly different price points, you should probably make sure those customers don't meet.

Re: Tell me what your company does

#166

I came across this recently: https://www.youtube.com/watch?v=l644fAxGzlw Don't waste your time watching it. It's a promo video for yet another a very scammy looking ICO. I watched through the entire 3 minute video, only because I found it increasingly amusing how long they were taking to "get to the point". As it turns out, this video is 3 minutes of stock videos of Dubai with a pseudo-inspirational voiceover about n…

"The First A.I. Big Data Marketing Cloud for BlockChain" This is pure comedy.

I highly recommend a read through the "Learning Techniques" over at his other company's product page: https://gravity4.com/product/

You'll notice over there that you can "BELIMITLESS", if you like.

At least today this is making my world a better place.

Re: Tell me what your company does

#167

This inspired me to redo the landing page for my side project: https://formapi.io/ Would appreciate some feedback. Is the purpose clear enough? I know it won't make sense unless you're a developer, but it's a tool for developers. It's just a rough draft, so it probably won't be that sparse when I launch. I need to add a proper pricing page, and a tab bar at the top. I'm also planning to add a demo API request that yo…

I would use a bigger font, and probably another font face as well -- maybe Avenir (although it's paid). I'd also make the 3 bullet points bigger since they are the only textual representation of how to use your product.

Outside of that the website is pretty good and serves its purpose!

Re: Tell me what your company does

#168
post #40
post #36

So much this. Another perfect example: https://databricks.com They just raised a $140m round of financing so apparently they have some good stuff going on. If you look at the website though: The Unified Analytics Platform. Accelerate innovation by unifying data science, engineering, and business. Sorry, what? Click on "learn more about the platform": DATABRICKS IS A TRULY UNIFIED APPROACH TO DATA ANALYTICS AT SCALE.…

This is hilarious! I'm a paying customer of databricks, a useful service that can, and should, be described in a single medium length sentence.

How will you describe it?

Re: Tell me what your company does

#169
post #36

So much this. Another perfect example: https://databricks.com They just raised a $140m round of financing so apparently they have some good stuff going on. If you look at the website though: The Unified Analytics Platform. Accelerate innovation by unifying data science, engineering, and business. Sorry, what? Click on "learn more about the platform": DATABRICKS IS A TRULY UNIFIED APPROACH TO DATA ANALYTICS AT SCALE.…

I kind of disagree with you. Working in data science myself, I get that scientists, engineers and business people are not on the same page. Scientists like python hacks, engineers like big data architecture, business guys want reports. So to me databricks says it's an infrastructure that combines all of that.

Then there's a Learn More button right there, which explains all that in more details.

It's certainly complex and has a large ambition, but it's not like they're advertising that they're making the world a better place while selling todo lists.

Re: Tell me what your company does

#170

> the more expensive the service a B2B company provides, the more incomprehensible its website > I think the big companies do it to get you on the phone — so they can upsell. I was thinking these things, and then BOOM, he says what I'm thinking haha. These are sales oriented companies. By contrast, B2C is quantity oriented. They need more customers buying their mostly undifferentiated price tiers. Selling expensive p…

I think intentional obscurity is probably rare. I think it's more of an evolutionary explanation. We don't get old age illnesses in old age because they're useful, preventing old age illness is just less useful than preventing prime age illness.

Clarity is difficult, and if it rarely makes a difference to businesses then it gets left out.

One reason clarity is difficult is that it requires narrowing what you say. Measurable accountable and integrated business software solutions. From the outside this sounds pointless and meaningless. From the inside it sounds nice and wide, encompassing everything they do. Better too broad than too narrow.

People's CVs sometimes have the same problem, resistance to limiting language.

The reason it doesn't matter is the way they get business. In face-to-face sales, clarity is surprisingly unimportant. It can even hurt by allowing prospects to raise objections without the presence of a salesman. Basically, the company's marketing doesn't matter, so it sucks.

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