In this podcast, Sangram Vajre shares insights on go-to-market frameworks for scaling B2B companies. They discuss the urgent need for modernization, the importance of clarity and alignment, and the role of the C-Suite. Topics include go-to-market transformation, collaboration among executives, the power of community-led growth, and developing a go-to-market operating system.
The rise of community-led growth in the remote work era calls for a reevaluation of go-to-market strategies, focusing on alignment with buyer behaviors and the potential benefits of building a community.
Recognizing and addressing go-to-market problems within organizations is crucial for efficient growth. Leaders need to view challenges such as churn and transitioning from product market fit to platform company as go-to-market problems rather than blaming specific departments.
Deep dives
The Importance of Rethinking Business Strategies for Efficient Growth
In this podcast episode, Sangram Vajray, CEO of GTM Partners, discusses the rise of community-led growth in the remote work era. He emphasizes the need to reevaluate go-to-market strategies, focusing on whether the current approach aligns with buyer behaviors and the potential benefits of building a community. Sangram highlights the importance of transforming GTM strategies to adapt to radical changes and mentions the four-question go-to-market framework discussed in his Wall Street best-selling book, Move.
Identifying and Addressing Go-To-Market Problems
Sangram discusses the significance of recognizing and addressing go-to-market problems within organizations. He shares insights from research that identified 15 go-to-market problems, emphasizing that solving these problems is crucial for efficient growth. Sangram presents examples such as the impact of churn on business and the growth transition from product market fit to platform company, urging leaders to view these challenges as go-to-market problems rather than blaming specific departments.
The Four-Question Framework for Successful Go-To-Market Strategies
Sangram introduces the four-question framework, known as the Move framework, which helps companies define their go-to-market strategies. He explains that the framework provides a consistent approach to four core questions: market, operations, velocity, and expansion. Sangram emphasizes that while the questions remain the same, the answers vary depending on the stage of the business, making it essential to continually reassess the target market and tailor strategies accordingly.
Transformational Change and Prioritizing Retention and ROI
Sangram highlights the importance of transformational change and its impact on organizations. He urges executives to prioritize retention over acquiring new customers, driving home the significance of net revenue retention (NRR) as a key metric. Additionally, Sangram emphasizes the need to redefine ROI based on customers' real value and specific outcomes, rather than relying on inflated numbers. He advises aligning all departments, including product, with a focus on customer retention and amplifying the understanding of the entire business to become effective leaders.
In a recent interview GTM Disrupted host Mike Smart sat with Sangram Vajre, best-selling author and Co-Founder/CEO of GTM Partners, a data driven go-to-market analyst firm to chat about the urgent need for B2B companies to modernize their go-to-market functions. Sangram shares his experience and insights on how to use a go-to-market framework to scale a company at every stage to sustain growth. His call to action for B2B companies that struggle with stagnant Net Recurring Revenue (NRR) is based on clarity, alignment and trust starting at the C-Suite.
Sangram’s Bio:
Sangram has been at the forefront of the B2B marketing trends for over a decade. He is the author of two books on B2B marketing the most recent one “MOVE The 4-question go-to-market framework” is a Wall Street Journal best seller. Sangram believes his primary job is being a great husband and Dad. His side gig is running GTM Partners. Prior to his most recent side gig, he was co-Founder and Chief Evangelist of Terminus the ABM platform company. He has also served as head of marketing for Pardot, a Salesforce company.
To Learn more about Sangram to go - https://www.linkedin.com/in/sangramvajre/
Correction Please Read:
At 21 minutes into the show I stated that Product Board acquired the product management community
“Mind the Product”.
Correction – on February 1, 2022 Pendo.io Inc. announced that it acquired Mind the Product the terms
were not disclosed.
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