How to Overcome the Three Biggest SaaS Marketing Challenges

ADITYA CHAKURKAR | July 15, 2021

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The Software as a Service (SaaS) sector is one of the most essential industries globally, and it's always more complex than general customer marketing. Of course, we do not mean that customer marketing is effortless. However, it's relatively more traditional than SaaS marketing.

Many people are not familiar with the right strategies for selling non-physical products. As selling such products can possess its own set of challenges, SaaS marketing gets even more demanding.

What is SaaS Marketing?

Let’s begin with the basics of SaaS — Software as a Service or SaaS allows users to use cloud-based applications. Businesses or users hire SaaS applications for a variety of purposes.

SaaS marketing is nothing but the process to market such applications. Marketers use various strategies to sell SaaS software and achieve the highest possible conversion rates.

However, there are several significant challenges in this quest. First, SaaS tools don’t have any physical presence, and selling something that doesn’t physically exist is not easy.

Furthermore, we live in a world where SaaS platforms are constantly changing. With newer features and updates being launched every day, marketers struggle to nail down even their most basic payment app before the next version is launched.

If your company sells software, you must adopt the right SaaS marketing strategy to get more customers and, ultimately, higher conversions.

But how will you get started? And, most importantly, how to overcome those three biggest SaaS Marketing challenges?

Let’s find out!

The Three Biggest SaaS Marketing Challenges

The following are the three biggest marketing challenges faced by SaaS marketers.

● Earning The Loyalty from Customers
● Getting Noticed
● Dealing With Conventional Complainers

If your company faces the same B2B SaaS marketing challenges, it will be fair to say that you are doing well. Their occurrence is pretty common. After working with several B2B companies, ranging from 2 million annual revenue to 2 billion, you will notice that most of them face the same challenges mentioned above.

The demand for cloud-based services is increasing day by day. And eventually, this has birthed thousands of SaaS companies all around the globe. Locations beyond Silicon Valley are seeing the rise of several new SaaS providers ranging from government agencies to small and mid-size start-ups.

As a result, the competition is mounting at an incredible pace, and the niches are getting overcrowded. Suppose you do not invest in improving your company’s digital presence, brand identity, and messaging. In that case, you are more likely to drown in the ocean of the current marketplace where new companies are entering every single day.

Here’s how you can deal with these core SaaS Marketing Challenges:

Getting Noticed

Being a SaaS marketer, analyze your strategy by asking yourself this question — How can your company address the customers’ needs in areas that your competitors are not targeting?

The SaaS marketplace is constantly evolving, and even the slightest functionality or design improvement in the competitor’s platform is enough to take away the sleep of your company leadership.

Traditionally, most SaaS marketers sell their product by convincing companies that they have a problem, and only our SaaS platform can fix it. But, now things have changed, and there’s a lot to compete with.

Several market analysts have claimed that smart process apps are overlapping with SaaS. While SaaS companies are focusing on only the US market (and ruling it as well), traditional software companies have taken their business to Asia and Europe and have established themselves there.

As a consequence, SaaS marketers are faced with more than just indifference and ignorance. Being a SaaS provider company, you must make the most out of the predicted surge in growth and go beyond the traditional SaaS marketing strategy. Plus, you need to develop newer ways to stand out in the competition of sameness and simultaneously reach more customers.

Earning Customer Loyalty

There was a time when data migration was one of the most challenging tasks for SaaS marketers. Thankfully, we are past that time now. Today, companies can easily migrate data from their existing system to the cloud base. Moreover, they will have a painless process to manage it post the migration.

But, here’s a catch! If you can do this with ease, your competitor can also do that. This drastically increases the importance of customer acquisition and customer retention. And for this reason, you must have an effective SaaS marketing strategy that aims at earning customer engagement and loyalty.

Dealing with Conventional Complainers

Many industries are yet to accept the benefits of cloud computing. However, if you target them in the right way, your state-of-the-art SaaS platform can replace their incumbent software system.

Someone has spent years building that existing software system, and they are more likely to lose sleep because of this takeover. Such people, in most cases, are the decision-makers and won’t be keen to relinquish their hold on the existing system. It would help if you won them to sell your product. Your strategy should be able to handle an onslaught of their objections. They might claim that data migration is so complex that it’s not worth their time and money, or they will even say that the cloud is not secure enough. You have to do your homework and be prepared to tackle these hurdles.

So, be excellent and well prepared. And, the chances are, you will convince them.

How to Overcome SaaS Marketing Challenges?

Any SaaS Vendor must dig deep into all the significant concepts of marketing. But, before getting started with it, it's essential to learn about the customer journey. It helps SaaS marketers to deploy and integrate an effective strategy that works well with all the following stages of the customer journey:

● Awareness
● Consideration
● Decision
● Retention
● Advocacy

The reality is, there are hundreds of marketing strategies that can produce great results. However, the following ones are the best of all when it’s about marketing your SaaS products.

Develop an Effective Content Marketing Strategy

Be it any online business, content marketing is one of the most important marketing aspects. It can be beneficial for your SaaS company by letting your audience understand the advantages of your product and improving your online presence.

You can also use various social media platforms to extend your approach for offering the same information. Credibility, trust, and existence are the critical aspects of every SaaS marketing niche, and content marketing is the most effective way to spread your valuable information and earn trust.

Set Realistic Goals

Directionless movements are a total waste of time. Instead, all successful SaaS marketing strategies begin with defining clear and realistic goals. To do that, you must figure your business most comprehensively. Then, set tractable and specific goals keeping the key metrics and KPIs in mind. And lastly, work on how the marketing and sales team can align to get the best results.

Remember, bigger goals are more challenging to achieve. You can break them down into smaller ones to ease the process.

Offer a Free Trial of Your SaaS Product

This helps to attract new customers and make them aware of the benefits of your SaaS product. It will also help you with lead generation.

Make sure to optimize the conversion rate during this trial period. And, present the best customer service to your prospects so that they will be with you for long.

Frequently Asked Questions

What are the most effective SaaS marketing techniques?

The following are the most effective strategies to overcome various SaaS marketing challenges in 2021:
● Develop a content marketing plan
● Offer free SaaS trials
● Focus on SEO
● Refine your Call-to-Action
● Refine your PPC campaigns
● Strengthen SaaS review websites

Why is Saas marketing important for businesses?

Even though SaaS marketing is challenging and requires exceptional marketing strategy, it comes with its own advantages. They include:
● Customer marketing & customer communication
● Long term customers
● Brand awareness
● Short sales cycles
● Lead generation

What are the biggest challenges in SaaS marketing?

The following are some of the biggest and the most common SaaS marketing challenges:
● Earning loyal customers
● Standing out from the crowd
● Dealing with conventional complainers
● Getting noticed
● Generating value

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Here are the top five of them: Improved data security and customer experience Better communication means Time and cost-efficiency Enhanced business agility Increased streams of revenue" } },{ "@type": "Question", "name": "What technologies will dominate the future?", "acceptedAnswer": { "@type": "Answer", "text": "As a business, you need to keep your finger on the pulse of emerging technologies because the use of technology in business is your ultimate way to achieve the desired growth, efficiency, and profits. The following are the technologies that will dominate in 2022 and beyond: Internet of Things (IoT) 5G Blockchain Artificial Intelligence (AI) Customized & Intelligent Management Systems Automation" } },{ "@type": "Question", "name": "Why should SMBs (small & medium size businesses) use technology?", "acceptedAnswer": { "@type": "Answer", "text": "Technology has the power to transform all SMB operations. In any industry, technological advancement can impact aspects of small businesses such as internet capabilities, computers, web-based applications, online storage, etc. With the right adoption of technology into the environment, entrepreneurs and SMB employees can enjoy the following benefits: Improved collaboration and data sharing Instant connection with consumers Efficient employee training Flexible work environments Improved online visibility" } }] }

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As the need for a more secure and safe environment increases in the mobile app development sector, Blockchain will gain more and more importance. For example, Microsoft has already implemented Blockchain technology through its Coco (Confidential Consortium) framework. Similarly, Mobile tech giants like HTC and Samsung are developing Blockchain-powered devices with astonishing features like cryptocurrency mobile wallets and DApps. Frequently Asked Questions What kind of mobile apps are emerging in 2022? If you are a mobile app startup, focus on developing these top 5 types of apps that are in the most demand in 2022: On-demand health services On-demand grocery apps Medicine delivery apps Courier delivery apps Fashion apps What are the biggest trends in mobile apps in 2022? Several technologies are boosting the mobile app development industry. For example, Artificial Intelligence and Machine Learning Augmented Reality & Virtual Reality Wearables 5G Blockchain Internet of Things (IoT) Cloud Cross-platform apps Beacons Which companies have the potential to define the future of mobile app development? The following companies are known for implementing the leading techs into their mobile app development process. Mercury Development Sidebench TechAhead Rightpoint Cheesecake Labs PixelCrayons RnF Technologies { "@context": "https://schema.org", "@type": "FAQPage", "mainEntity": [{ "@type": "Question", "name": "What kind of mobile apps are emerging in 2022?", "acceptedAnswer": { "@type": "Answer", "text": "If you are a mobile app startup, focus on developing these top 5 types of apps that are in the most demand in 2022: On-demand health services On-demand grocery apps Medicine delivery apps Courier delivery apps Fashion apps" } },{ "@type": "Question", "name": "What are the biggest trends in mobile apps in 2022?", "acceptedAnswer": { "@type": "Answer", "text": "Several technologies are boosting the mobile app development industry. For example, Artificial Intelligence and Machine Learning Augmented Reality & Virtual Reality Wearables 5G Blockchain Internet of Things (IoT) Cloud Cross-platform apps Beacons" } },{ "@type": "Question", "name": "Which companies have the potential to define the future of mobile app development?", "acceptedAnswer": { "@type": "Answer", "text": "The following companies are known for implementing the leading techs into their mobile app development process. Mercury Development Sidebench TechAhead Rightpoint Cheesecake Labs PixelCrayons RnF Technologies" } }] }

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