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How to find more customers
The 8 ways to get customers & inside look at my own strategy
Read time: 3 minutes
Hey there - it's Brian š
A few years ago, this $1B+ communications SaaS company was in trouble.
They said yes to every customer request. It kept changing their product until customers didnāt understand their options.
Sales flattened.
So they called us in to to re-package their products and build their strategy to launch into new channels (SEO, paid, affiliates, sales etc).
Todayās issue is for you if youāre not getting as much revenue as you hoped (& want to consider new ways to get customers).
Stay to the end to see a map of my own approach to get customers.
Letās make your business an outlier: š
8 ways you get customers
We spent 3 months redesigning their products.
We killed some. Combined others. Ended up with a few left.
For those products, we a growth plan: 1) which customers to focus on? And 2) where do we find them?
The 8 places we considered to find customers included:
1) SEO
2) Email
3) Sales
4) Paid Ads
5) Affiliates
6) Distributors
7) Social Media
8) Customer Success
But not all the channels made sense for this client.
8 ways to get customers
We considered these 8 for the client.
They just wanted to evaluate 3: customer success, sales, and affiliates.
š§š»āāļø Brianās nerdy side rant:
Thereās other ways to get customers that we didnāt include (PR campaigns, billboards, hosting live events etc).
We choose these 8 that we thought were most relevant.
How we built customer strategy
We built our first theory using internet research, asking consulting experts, and asking client experts.
But we needed an external opinion.
So we held interviews. I personally held 4 or 5 interviews a day!
Experts:
ā¢ Consultants
ā¢ Industry experts
ā¢ Client experts (pricing, sales, customer success)
Customers:
ā¢ Current customers
ā¢ Competitor customers
Competitors:
ā¢ Ex-employees
After each interview weād re-frame the theory with new information we just learned.
Ultimately we needed to answer 2 questions:
1) Which channels should we focus on?
2) How do we use those channels to get the highest return for our time/money?
Now these questions sound simple, but we had 100s of questions to figure out before we got there:
Who were the real users?
What was their pain?
Where did they hang out?
Which channels have the highest conversion today?
Which channels are competitors using (and finding success in)?
What are the benefits? Drawbacks? How do they apply to our client?
Which channels can we WIN?
Etc etc
š§š»āāļø Brianās nerdy side rant:
We paid a service to find us customers to interview. GLG or Alphasights (we had better luck with GLG).
Itās an expensive way to find customers, but itās fast.
Iāll link to more resources to interview customers at the end.
So what happened?
For this client, we focused on 3 ways to get customers:
Affiliates, Sales, and Customer Success.
By āfocusā it means we gave more resources (time + money) to those channels. And the other channels? We kept funding, but at normal amounts.
Why did we choose these 3?
Because we have a competitive advantage in those channels. The other channels are critical, but didnāt need as in depth strategy.
Affiliates:
We had an affiliate advantage since we already built strong affiliate relationships. We built priority placement into the affiliate deals.
Sales:
Re-focused the sales teams on our new avatar. Gave them new upsell options and faster processes to close deals (cut 30 days off the time it took to close a big deal).
Customer Success:
We redesigned the solutions the customer success team could provide. Changed metrics to track renewals and upsells.
So how can you choose the right channels to focus on?
If your revenue isnāt what you expect how can you grow it?
If youāre not using one of these channels, donāt freak out and add them on. Hereās a few guidelines to decide what you need.
8 channels to get you more customers
1) Can you optimize your current channels?
Optimizing current channels is likely the highest ROI because you donāt need to learn as much, and already have the systems in place so itās not as time expensive.
Systems = people, processes, and tech.
2) Which channels do you expand into that use your current strengths?
Use your current strengths (in other words - what do you need to invest the least amount of time + money to get into)?
Strengths include:
ā¢ Talent: writing, speaking, storytelling, SEO
ā¢ Relationships: Influencers/affiliates, distributors
ā¢ Existing assets: Do you already have a blog? An email list? Sales team?
3) Test. Test. Test!
You wonāt know what works until you test it.
Start with a small sample before you invest big with your time + money.
Bonus section: Hereās a peek behind the scenes at my own customer growth strategy
To use myself as an example, to grow this newsletter over 13,300 readers, I started only on Twitter for the first 6 months until I got it down to a system.
Then slowly added on LinkedIn, SEO, ads, and affiliates. Eventually Iāll add more channels (Instagram, YouTube, Podcasts). But the right systems need to be in place before expanding.
Hereās a map of my own customer acquisition flow below.
My own customer acquisition flow
If your business is over $1M in revenue and you want help thinking through your customer acquisition strategy. Grab some time (for free) and Iām happy to talk you through your growth channels.
And thatās it!
See you next Thursday š
P.S. Iād love to chat and get to know you.
If your business is over $1M in revenue and you want help thinking through what channels you should use to get more customers, grab some time for free and letās hop on the phone.
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