Blog, Podcast & free reports

Marketing Navigator: the 1-page plan for your marketing strategy

Written by Admin | 26.03.2023 22:00:00

Marketing Navigator: the 1-page marketing plan for B2B software entrepreneurs. The compass for your best path to qualified leads in six steps. Set a course for customer acquisition with this open-source framework.

Ahoy, B2B software entrepreneur! Ever dreamed of putting your marketing on autopilot and lying in a hammock on the beach while qualified leads just tumble into the web? Well, we may not have the magic button for that, but we present to you our "Marketing Navigator" - the one-page marketing plan that will put you on course toward customer acquisition. In just six steps, you'll navigate the stormy seas of B2B marketing to finally unearth the treasure trove of ready-to-buy customers online!

We all know how B2B companies usually work: with sales-driven strategies, networking, word-of-mouth, and lots of door-to-door canvassing. But what about marketing? Well, that often plays a secondary role, with activities like website maintenance, event organization, or simply working through sales requests.

But the real treasure lies in the ability to find ready-to-buy customers online – as many new digital businesses and SaaS providers are successfully mastering. The big challenge is figuring out how best to allocate your resources without blindly betting on random results.

Midlife Entrepreneur Podcast

Subscribe to our podcast and join us on the journey through entrepreneurship

Practical experiences on lead management, product marketing and product management. Solutions from like-minded software entrepreneurs with their work-life balance stories.

Listen to the podcast, Marketing Navigator: the One Pager for your Marketing Strategy (German)

 

There are countless books, frameworks and advice out there, often covering only a small part of marketing or tailored for specific stages and teams. For smart entrepreneurs looking to make data-driven decisions, this can be particularly frustrating, especially in the early stages when there is often a lack of sufficient data and reliance on educated guesses.

I want to consider the existing base, see what has already worked. That's why this project also created the corresponding maturity model, which gives you a benchmark to see where you need to give extra attention.

What Marketing Navigator does

  • The marketing plan for the B2B software entrepreneur that can navigate you through marketing chaos.
  • Considering the base and existing activities related to a marketing operating system: we draw on what a company is already doing well. This data comes from real-world experience and comprehensive study results from the Marketing Automation Report. These success criteria emerged from 1,800 interviews and studies.
  • It is an iterative approach to your marketing, you start with a first MVP and have within 6 weeks first results (qualified Leads).

What Marketing Navigator is not

  • No short-term growth tricks – we help install reliable systems. A proven operating system for your marketing, built iteratively.
  • Only proven for B2B companies selling high-priced and complex products/services.
  • No paid media spend needed, NO ad spend needed
  • No one-size-fits-all approach
  • No sales team needed
  • No salesy outbound mailing campaigns that fizzle out ineffectively and only make the spam filter happy

That's why we took the liberty of combining sound theoretical solutions with practical experience to introduce you to our Marketing Navigator: The One-Page Marketing Plan for B2B Software Entrepreneurs. The compass for your best path to qualified leads in six steps. Now you can target your resources, focus your marketing team, and put your success on solid footing instead of balancing on shaky assumptions.

The Issues at a Glance

In the world of B2B software entrepreneurs, there are several challenges that affect lead generation success. Here are the most common problems they face:

Unclear target audiences: Without a clear definition of target audiences, marketing and sales strategies are ineffective, and the company runs the risk of wasting resources. Sometimes there is a plan, but in stressful situations, plans are thrown overboard and panic sets in. The target audience is often simply assumed without really working it out.

Difficulties with positioning: Unclear positioning can cause the company to sink in comparison to the competition. Differentiators are not clear, and companies allow themselves to be overly influenced by competitors.

Positioning difficulties.

Salesy messaging: A poor content strategy can leave potential customers feeling under-informed and instead interested in competitor offerings. Often, chaos reigns and the focus is on A/B testing headlines rather than a thoughtful strategy.

Agressive Lead Management: Unclear definition of lead qualification leads to inefficient sales efforts and wasted time as the team pursues leads that are not ready for an offer or have no intent to buy. Important information is lost, misinterpreted or incorrectly prioritized. There is often too much focus on outbound mailing and telesales.

Chaotic Marketing Automation: Lack of automation and bottlenecks in lead management lead to delays in processing leads or even loss of leads. Workflows are isolated and not well integrated. Email sequences are chaotic and difficult to track down. 

No simple control center: Lack of data analytics results in CMOs not having insight into the effectiveness of their lead management strategy.

These problems mean that many good individual actions are not implemented in a cohesive or structured way. Often, experiments are not conducted systematically and the right conclusions cannot be drawn. Effective automation is only possible if the basis is right.

These difficulties prevent CMOs and entrepreneurs of mid-market software companies from implementing an effective lead management strategy and ultimately lead to a loss of potential customers.

the Marketing Navigator

As a B2B software entrepreneur, how do you create a 1-page marketing plan in six steps?

This involved analyzing the best frameworks and developing a plan that builds on what a company is already doing well. The result is a benchmark that covers six dimensions: action plan, product positioning, messaging, lead management, marketing automation, and control center.

To make it easier to understand, the company is depicted as a sailboat navigating wild waters. The six steps are:

  1. Action Plan (Navigation)This is where the course is set and everyone pulls together. Goal setting, Ideal Customer Profile and a checklist of all tasks are important.
  2. Product Positioning (Hull) : The product is the basis of the company. It should meet the needs of the target audience and be competitive.
  3. Messaging (Mast) : Good content is the backbone of marketing. Create a content plan to generate demand.
  4. Lead Management (Mainsail and Jib) : Communicate clearly and understandably to generate leads. Nurture leads once you have their contact information and build a relationship with them. Develop a sales strategy to convert the leads.
  5. Marketing Automation (Autopilot) : Automate repeatable activities to increase success. Use tools such as email marketing automation, social media automation, and event marketing automation.
  6. Control Center (GPS): Use data to make decisions and keep your business on track. Define KPIs and create a simple playbook for the right budget investment.

There are hurdles to overcome in implementing the plan, of course. From experiences as an entrepreneur, some things to keep in mind include:

Flexibility: be prepared to adjust the plan as conditions change. Communication: make sure everyone on the team understands the plan and is pulling together. Focus: concentrate on the most important goals and tasks to avoid being overwhelmed. Evaluation: periodically review progress and adjust the plan accordingly.

Overall, this 6-step plan will help you develop an effective marketing operating system and keep your business on track for growth.

Important takeaway points

  • Instead of being overwhelmed by theories and frameworks, take a practical approach and focus on the essentials.
  • Create a master plan that you follow up on, even when there are difficulties. Iterative steps and experimentation will help you do this.
  • Adaptability and clarity in marketing strategy improve communication and collaboration across the organization.
  • Don't get overwhelmed by too many KPIs, focus on the most important ones.
    Sometimes action is better than overthinking. Simplicity and conviction can help deliver a clear message.
  • If resources are lacking, decide which of the 6 points is most important and start there.
  • As an entrepreneur, make "educated guesses" and rely on differentiation to succeed.