100 Unicorns: 12 Different GTM Motions and Drew Houston's Commencement Address
Hatched by Kazuki Nakayashiki
Aug 15, 2023
4 min read
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100 Unicorns: 12 Different GTM Motions and Drew Houston's Commencement Address
Introduction:
In today's competitive business landscape, it is crucial to have effective go-to-market (GTM) strategies to reach and engage customers effectively. This article explores 12 different GTM motions that can be applied to both high-intent and low-intent customers. Additionally, we will incorporate insights from Drew Houston's commencement address, which emphasizes the importance of finding one's passion and surrounding oneself with inspiring individuals. By combining these concepts, we can develop actionable advice for entrepreneurs and business leaders.
- Produce Discoverable Content:
When targeting high-intent customers actively searching for a solution, it is essential to provide discoverable content that addresses their needs. These customers are frustrated by the lack of viable solutions available. By creating valuable and informative content, businesses can position themselves as industry experts and attract potential customers. This content should focus on solving specific pain points and offering unique insights.
- Create a Super-fan by Over-servicing One Customer at a Time:
For high-intent customers who are not actively searching for a solution but require a complex nuanced solution, businesses can focus on over-servicing one customer at a time. This approach allows for personalized attention and customization, catering to the customer's unique use case. By exceeding expectations and providing exceptional service, businesses can create super-fans who will advocate for their brand and drive word-of-mouth referrals.
- 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 a viable GTM motion. By identifying unconventional channels or partnerships, businesses can reach their target audience more effectively. This approach requires creativity and a deep understanding of the customer's preferences and behaviors.
- Cold Outreach with a Hook:
When dealing with low-intent customers who have many alternative solutions, adapting to a new solution can be a pain point. Cold outreach with a hook can help overcome this resistance. By crafting compelling messages that grab the customer's attention and offer a unique value proposition, businesses can pique their interest and differentiate themselves from competitors. Personalization and relevance are key factors in successful cold outreach.
- Launch Somewhere and Get PR:
For low-intent customers who are not actively searching for alternatives and are in a market dominated by legacy players, launching somewhere and generating PR can be effective. This approach creates buzz and positions the business as an innovative disruptor. Leveraging media coverage and influencers can help generate interest and attract customers who may not have been aware of the offering otherwise.
- Embed Yourself in the Community Authentically:
When the market is not dominated by legacy players, and the offering has a niche appeal, embedding oneself authentically in the community can be a powerful GTM motion. By actively participating in relevant communities, engaging with potential customers, and providing value, businesses can build trust and establish themselves as industry leaders. This approach requires genuine interest and a commitment to adding value to the community.
- Building in Public:
Similar to embedding oneself in the community, building in public is suitable for low-intent customers in a market not dominated by legacy players. By sharing the journey, progress, and insights publicly, businesses can attract customers who resonate with their values and mission. Transparency and authenticity are key in building trust and fostering a loyal customer base.
- Influencers:
Influencer marketing can be an effective GTM motion for low-intent customers in a market not dominated by legacy players. By collaborating with influencers who align with the brand's values and target audience, businesses can leverage their reach and credibility. Influencers can provide social proof and endorsement, attracting customers who trust their recommendations.
- Full Blown PR:
For low-intent customers interested in products with a strong social mission, leveraging PR can be impactful. By highlighting the social impact and mission-driven nature of the offering, businesses can resonate with customers who prioritize making a difference. Partnering with media outlets and influencers who focus on social issues can amplify the message and attract like-minded customers.
Actionable Advice:
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Identify your target customers' intent level and tailor your GTM motion accordingly. Understand their pain points and preferences to create a personalized approach.
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Surround yourself with inspiring individuals who share similar passions and goals. Seek out mentors, industry experts, and role models who can provide guidance and support.
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Embrace failure as a learning opportunity and take calculated risks. Don't be afraid to step out of your comfort zone and pursue exciting challenges. Make your life an adventure rather than striving for perfection.
Conclusion:
With the ever-evolving business landscape, it is crucial to adopt effective GTM motions and strategies to reach and engage customers. By understanding the intent level of customers and incorporating insights from successful entrepreneurs like Drew Houston, businesses can develop tailored approaches to drive growth and success. By producing valuable content, over-servicing customers, hacking distribution channels, leveraging influencers, and embracing adventure, businesses can position themselves for long-term success in their respective markets.
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