100 Unicorns: Discovering the Key GTM Motions for Success

Kazuki Nakayashiki

Hatched by Kazuki Nakayashiki

Jul 30, 2023

4 min read

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100 Unicorns: Discovering the Key GTM Motions for Success

Introduction:
In the competitive business landscape, finding the right go-to-market (GTM) strategy is crucial for success. It becomes even more challenging when dealing with customers of varying intent levels. To navigate this complexity, businesses must understand their target audience and tailor their approach accordingly. In this article, we will explore twelve different GTM motions and how they can be applied to both high-intent and low-intent customers. Additionally, we will delve into the experiences of successful companies like Goodreads, Spotify, and Canva to gain valuable insights into their growth strategies.

  1. Produce Discoverable Content:
    When targeting high-intent customers actively searching for a solution, it is essential to provide valuable and easily accessible content. These customers are frustrated by the lack of viable solutions for their needs. By creating content that addresses their pain points and offers solutions, businesses can position themselves as the go-to source for information. This approach not only establishes credibility but also increases the chances of conversion.

  2. Create Super-fans Through Over-servicing:
    For high-intent customers not actively searching for a solution, businesses must focus on providing a complex and nuanced solution for their specific use-case. By going above and beyond to over-service these customers, companies can turn them into super-fans. These super-fans become advocates for the product or service, spreading the word and attracting more customers through their positive experiences.

  3. Hack a Distribution Channel:
    In cases where the customer is high-intent but not actively searching for a solution, and the offering is straightforward, hacking a distribution channel can be highly effective. By identifying a channel that aligns with the target audience's preferences and leveraging it to reach them, businesses can gain significant traction. This approach allows companies to bypass traditional marketing methods and tap into existing networks of potential customers.

  4. Cold Outreach with a Hook:
    When dealing with low-intent customers who have many alternative solutions, adapting a new solution can be a pain. In such scenarios, cold outreach with a hook becomes a valuable strategy. By crafting compelling messages that resonate with the customer's pain points and offering a unique value proposition, businesses can capture their attention and increase the likelihood of conversion.

  5. Launch Somewhere and Get PR:
    Low-intent customers who are not actively searching for alternatives can be challenging to reach, especially when competing against legacy players. In these cases, launching somewhere and generating PR can create significant buzz and attract attention. This approach allows businesses to position themselves as disruptors in the market and gain traction among a wider audience.

  6. Embed Yourself in the Community Authentically:
    When targeting low-intent customers in a market not dominated by legacy players, businesses can embed themselves in the community authentically. By actively participating in relevant communities, engaging with the target audience, and offering value, companies can build trust and establish themselves as reputable sources. This strategy works particularly well when the offering has a niche appeal.

  7. Building in Public:
    Similar to embedding oneself in the community, building in public is an effective approach for low-intent customers in non-dominated markets with offerings that have wide appeal. By sharing the development process, progress, and insights publicly, businesses can generate interest and create a sense of exclusivity. This strategy fosters engagement and attracts customers who are intrigued by the behind-the-scenes aspect.

  8. Leveraging Influencers:
    Influencers play a vital role in capturing the attention of low-intent customers in markets not dominated by legacy players. By partnering with influencers who align with the target audience's interests and values, businesses can leverage their reach and influence to promote their offerings. This strategy taps into the influencer's credibility and helps build trust with potential customers.

  9. Full Blown PR for Products with a Strong Social Mission:
    For low-intent customers interested in products with a strong social mission, a comprehensive PR strategy can be highly effective. By aligning the product's mission with relevant causes and leveraging media coverage, businesses can attract attention from both the target audience and the broader public. This approach highlights the social impact of the product and creates a positive brand image.

Actionable Advice:

  1. Prioritize solving a real problem for your customers. Identify their pain points and develop solutions that address their needs effectively.
  2. Focus on power users and over-service them to create super-fans who will advocate for your product or service.
  3. Experiment with different distribution channels and leverage them to reach your target audience more effectively.

In conclusion, finding the right GTM motion is crucial for the success of any business. By understanding the intent level of customers and tailoring the approach accordingly, companies can maximize their chances of conversion and growth. Through the experiences of successful companies like Goodreads, Spotify, and Canva, we have gained valuable insights into effective GTM strategies. By implementing the actionable advice provided, businesses can position themselves for success in a competitive market.

Sources

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