When it comes to marketing and advertising products, a business in the SaaS industry can’t rely on the same techniques as a business that offers tangible products. Usually, it takes more effort to convince consumers to buy a product they can’t see. But even though it’s hard, it’s not impossible.
If you’re reading this, you might already have your SaaS business, you want to buy SaaS business assets from a broker, or build a business from the ground up. But no matter how you want to build your business, you need these marketing strategies to take it to the next level.
Invest in SEO
Search engine optimization is one of the main marketing strategies for almost every business that has an internet presence. In fact, 61% of marketers say that implementing SEO and building an organic presence on their websites is their top inbound marketing priority.
SEO is a simple concept, although it takes some time and effort to implement all of the different strategies that will help you achieve a high-ranking position on Google. The basic premise of SEO is to make changes to your website and the content you post so it ranks high on search engines.
The higher your site ranks, the more people will be able to find it by searching for the product you offer or the features they need that your product can provide. Since most people search for SaaS solutions online, a great SEO agency can be one of your most important marketing assets.
There are different types of SEO for different purposes, but they all have the same end result, which is getting people to your website. If you want to get customers who are in the same location as you, local SEO needs to be at the top of your priority list.
For example, if you live in Europe or you want to cater to the European market, you can take advantage of a European VPS hosting plan to bring your SEO offers closer to your ideal consumers without too much effort.
Invest in pay-per-click advertising
Pay-per-click advertising, better known as PPC advertising, is another great way you can use to ensure your business and products have good online visibility. While it’s not a replacement for SEO, it’s a great addition to this strategy and a way to bring in even more traffic.
PPC ads are the advertisements you probably see often on Google. They appear at the top of search results. To create a PPC ads campaign, you have to set aside a daily or monthly budget you want, create the perfect ad that will entice people, and you will pay every time someone clicks on an ad.
This type of payment method is the reason why PPC is so popular and why it brings in great ROI. They’re also very popular considering that as much as 65% of customers click on PPC ads. So if you’re looking for a good way to entice people who are looking for SaaS solutions online and want to learn how to get ahead of your competition, you can’t go wrong with PPC.
Lure customers in with free trials
Who doesn’t like free things? Free trials are very popular in the SaaS industry because they allow customers to try out your product without any strings attached. This is a good way to improve your customer acquisition and make people realize why your service is worth their time and money.
Free trials are important for SaaS businesses because your potential consumers can never be sure if your product is what they need unless they try it out. After they’ve spent some time using it, there is a much higher chance they will be willing to pay full price for it after they’ve seen all of the benefits.
One thing you need to remember when it comes to free trials is that they need to last long enough so people who are trying out your product can actually have enough time to explore it. The time you should offer varies from one software to another, but make sure there is enough time for the user to understand the value and get hooked on the product.
Be open and honest about your prices
One of the biggest mistakes some SaaS businesses make is not being upfront with their prices. This makes it very difficult for website visitors to see how much they are expected to pay for the service. They do this because they want to get the visitors interested in the features before they show the price.
However, this is a very bad idea because it is frustrating and can be a hindrance to your customer acquisition efforts. Instead of being shady and making your website visitors work hard to find your prices, be open and display them in a very visible place.
If you hide your prices, you will come off as suspicious. No matter how good the rest of your marketing tactics are, this could drive off customers who would otherwise be ready to commit.
The SaaS market may be huge, but with the right marketing efforts and patience, you can definitely breakthrough. As long as you have a product that’s worth the money and you know how to market it to the right people, success is guaranteed.