Enterprise

Are B2B SaaS marketers getting it wrong?

Comment

A square peg forced into a round hole. 3D render with HDRI lighting and raytraced textures.
Image Credits: mevans (opens in a new window) / Getty Images

Konrad Sanders

Contributor

Konrad Sanders is founder, CEO, and content strategist at The Creative Copywriter, a tech-specialist copywriting and content agency.

Which terms come to mind when you think about SaaS?

“Solutions,” “cutting-edge,” “scalable” and “innovative” are just a sample of the overused jargon lurking around every corner of the techverse, with SaaS marketers the world over seemingly singing from the same hymn book.

Sadly for them, new research has proven that such jargon-heavy copy — along with unclear features and benefits — is deterring customers and cutting down conversions. Around 57% of users want to see improvements in the clarity and navigation of websites, suggesting that techspeak and unnecessarily complex UX are turning customers away at the door, according to The SaaS Engine.

That’s not to say SaaS marketers aren’t trying: Seventy percent of those surveyed have been making big adjustments to their websites, and 33% have updated their content. So how and why are they missing the mark?

There are three common blunders that most SaaS marketers make time and again when it comes to clarity and high-converting content:

  1. Not differentiating from competitors.
  2. Not humanizing “tech talk.”
  3. Not tuning their messaging to prospects’ stage of awareness at the appropriate stage of the funnel.

We’re going to unpack what the research suggests and the steps you can take to avoid these common pitfalls.

Blending into the competition

It’s a jungle out there. But while camouflage might be key to surviving in the wild, in the crowded SaaS marketplace, it’s all about standing out. Let’s be honest: How many SaaS homepages have you visited that look the same? How many times have you read about “innovative tech-driven solutions that will revolutionize your workflow”?

The research has found that of those using SaaS at work, 76% are now on more platforms or using existing ones more intensively than last year. And as always, with increased demand comes a boom in competition, so it’s never been more important to stand out. Rather than imitating the same old phrases and copy your competitors are using, it’s time to reach your audience with originality, empathy and striking clarity.

But how do you do that?

Zig when the industry zags

They say there’s no bigger slave to fashion than someone determined to avoid it, and SaaS marketing is no different. To truly stand out, you need to do thorough competitor analysis. Track the strengths, weaknesses, UVP, brand personality and tone of voice of the major players in your market to pin down exactly what it is they’re doing and spot the gaps that no one else is exploiting. That will let you you find a distinctive, consistent voice across your content and UX.

Combine this with audience research to make sure you’re speaking in a way that resonates with your targets and addresses their primary concerns. About 47% of customers asked by The SaaS Engine emphasized how platforms help their output and self-organization during the working day, so the most successful messaging will reflect those benefits.

Demonstrate clearly how your software can make their working lives easier, and how it can help them in a way that no other can. Coupled with a distinctive tone of voice that only sounds like your brand, you’ll have a powerful and persuasive package ready for every prospect who lands on your doorstep.

Favoring techspeak over authenticity

SaaS is big business: The market is expected to more than double to $94.9 billion by 2022 from $44.4 billion in 2017, according to BCC Research. Uptake is undoubtedly growing rapidly, but that doesn’t mean your prospects know what SaaS means for them. As we’ve seen, it’s too easy to get stuck in a cycle of using the same terminology as others, and when we become familiar with techspeak ourselves, we tend to assume outsiders understand, too.

The SaaS Engine found that jargon-heavy copy and content was getting in customers’ way time and again. Ease of use was reported as the most important aspect of software for customers across the U.K., U.S. and Canadian markets, and marketers underestimated customer requests for ease-of-use improvements by 67%. That’s a significant disconnect between the work SaaS companies are doing and what their customers expect.

This also reflects a shift in the B2B marketing landscape. B2B marketing is no longer as different from its B2C counterpart as you might think. In the SaaS market, B2B selling is as much about customer experience as B2C selling is.

Those you’re selling to are often also the ones who will be using your software, and so powerfully communicating the benefits on offer must be at the heart of your messaging. SaaS products also still serve an emotional need: A platform that makes your customers’ day easier and their job simpler. Just as much emotion goes into deciding to buy a B2B product as a B2C one.

But the complexity of B2B buyer journeys, the number of stakeholders and the higher order values involved mean that these relationships need to go deeper than in B2C, which means customization is widespread in the market.

Cut the jargon

Elevating conversion rates requires clearly emphasizing the benefits your platform offers your prospects. Translate any jargon into straightforward language that anyone can understand, and don’t be afraid to tap into emotional messaging that empathizes with your audience and the struggles they face every day. Speak to them directly using “you” and try to engage them in an imagined conversation, using questions that get them nodding along.

Take advantage of the lessons of B2C marketing: Keep your paragraphs short and staggered, and ensure your headlines provide “instant clarity” and that your value proposition can be understood in six seconds. Break up your pages with subheads and bullet points, use eyebrow copy to accommodate skimming readers, and don’t let your page width stretch beyond 50-70 characters. Finally, direct them toward clear action and remove every friction barrier to securing a conversion.

Do everything you can to be immediately understood and you’ll have a much better chance of cutting through the noise and pushing clear and persuasive benefits in a way no prospect can resist.

Speaking to all prospects on the same terms

A fully functioning marketing funnel is specific, not generalized, and treats prospects very differently depending on where they are within it. Too many SaaS marketers use a catch-all approach, speaking to every prospect with the same language regardless of which stage of awareness they are at. But you can’t sell to someone who doesn’t know they have a problem yet, and you need to treat a landing page differently from a white paper or a TOFU blog post.

The SaaS Engine’s respondents reported that 38% of their business growth has come from upselling to existing customers, so you also can’t afford to ignore customers who have already converted. Indeed, the flexibility of a subscription pricing model means it’s important to keep adding value and offering high-quality customer support to those who are already using your platform.

Be specific and targeted

Customization is key for B2B SaaS, as businesses look for services that can work flexibly around their needs and growth. It’s the same for prospects, and you should aim to take them on nurturing, value-driven journeys that warm them up to the point of converting.

At the top of your funnel, offer value-packed content that addresses their needs to prospects who are potentially completely unaware of the problem or solution. This is not the time to make a sale, but instead to gently provide value and introduce them to the wider problem that your platform addresses.

In the middle funnel, continue to focus on value, solving further needs and nudging them toward your service, such as with gated content assets and drip email campaigns. Target search keywords that show they’re now solution-aware and considering a purchase, and use advanced re-marketing to serve a different ad to match this new stage.

Finally, at the bottom of the funnel, it’s time to demonstrate how your service can solve their problem. Focus your ad strategy on purchase-specific keywords, and clearly outline the benefits of your particular service in comparison to your competitors, backed up by social proof. You can even capture “voice of customer” data and speak to them in their very own words to be sure you’ll resonate with their needs.

By creating content for every stage of the funnel, you’ll address your prospects’ concerns at the appropriate point in the buyer journey and increase the chances that when they do come to make a purchase, it’s with you.

There’s no doubt SaaS is a fast-moving sector, so it’s important to stay on top of your messaging and the changes your competitors are making. Perform regular A/B testing along with your market and competitor research, and don’t rush to replace all your content at once: Make your changes slowly so you can accurately track the most successful tweaks.

And remember, just because your competitors are doing it doesn’t mean it’s a good idea.

More TechCrunch

Avendus, the top investment bank for venture deals in India, confirmed on Wednesday it is looking to raise up to $350 million for its new private equity fund.  The new…

Avendus, India’s top venture advisor, confirms it’s looking to raise a $350 million fund

China has closed a third state-backed investment fund to bolster its semiconductor industry and reduce reliance on other nations, both for using and for manufacturing wafers — prioritizing what is…

China’s $47B semiconductor fund puts chip sovereignty front and center

Apple’s annual list of what it considers the best and most innovative software available on its platform is turning its attention to the little guy.

Apple’s Design Awards nominees highlight indies and startups, largely ignore AI (except for Arc)

The spyware maker’s founder, Bryan Fleming, said pcTattletale is “out of business and completely done,” following a data breach.

Spyware maker pcTattletale says it’s ‘out of business’ and shuts down after data breach

AI models are always surprising us, not just in what they can do, but what they can’t, and why. An interesting new behavior is both superficial and revealing about these…

AI models have favorite numbers, because they think they’re people

On Friday, Pal Kovacs was listening to the long-awaited new album from rock and metal giants Bring Me The Horizon when he noticed a strange sound at the end of…

Rock band’s hidden hacking-themed website gets hacked

Jan Leike, a leading AI researcher who earlier this month resigned from OpenAI before publicly criticizing the company’s approach to AI safety, has joined OpenAI rival Anthropic to lead a…

Anthropic hires former OpenAI safety lead to head up new team

Welcome to TechCrunch Fintech! This week, we’re looking at the long-term implications of Synapse’s bankruptcy on the fintech sector, Majority’s impressive ARR milestone, and more!  To get a roundup of…

The demise of BaaS fintech Synapse could derail the funding prospects for other startups in the space

YouTube’s free Playables don’t directly challenge the app store model or break Apple’s rules. However, they do compete with the App Store’s free games.

YouTube’s free games catalog ‘Playables’ rolls out to all users

Featured Article

A comprehensive list of 2024 tech layoffs

The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi. Companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have conducted sizable layoffs in the first months of 2024. Smaller-sized…

10 hours ago
A comprehensive list of 2024 tech layoffs

OpenAI has formed a new committee to oversee “critical” safety and security decisions related to the company’s projects and operations. But, in a move that’s sure to raise the ire…

OpenAI’s new safety committee is made up of all insiders

Time is running out for tech enthusiasts and entrepreneurs to secure their early-bird tickets for TechCrunch Disrupt 2024! With only four days left until the May 31 deadline, now is…

Early bird gets the savings — 4 days left for Disrupt sale

AI may not be up to the task of replacing Google Search just yet, but it can be useful in more specific contexts — including handling the drudgery that comes…

Skej’s AI meeting scheduling assistant works like adding an EA to your email

Faircado has built a browser extension that suggests pre-owned alternatives for ecommerce listings.

Faircado raises $3M to nudge people to buy pre-owned goods

Tumblr, the blogging site acquired twice, is launching its “Communities” feature in open beta, the Tumblr Labs division has announced. The feature offers a dedicated space for users to connect…

Tumblr launches its semi-private Communities in open beta

Remittances from workers in the U.S. to their families and friends in Latin America amounted to $155 billion in 2023. With such a huge opportunity, banks, money transfer companies, retailers,…

Félix Pago raises $15.5 million to help Latino workers send money home via WhatsApp

Google said today it’s adding new AI-powered features such as a writing assistant and a wallpaper creator and providing easy access to Gemini chatbot to its Chromebook Plus line of…

Google adds AI-powered features to Chromebook

The dynamic duo behind the Grammy Award–winning music group the Chainsmokers, Alex Pall and Drew Taggart, are set to bring their entrepreneurial expertise to TechCrunch Disrupt 2024. Known for their…

The Chainsmokers light up Disrupt 2024

The deal will give LumApps a big nest egg to make acquisitions and scale its business.

LumApps, the French ‘intranet super app,’ sells majority stake to Bridgepoint in a $650M deal

Featured Article

More neobanks are becoming mobile networks — and Nubank wants a piece of the action

Nubank is taking its first tentative steps into the mobile network realm, as the NYSE-traded Brazilian neobank rolls out an eSIM (embedded SIM) service for travelers. The service will give customers access to 10GB of free roaming internet in more than 40 countries without having to switch out their own existing physical SIM card or…

18 hours ago
More neobanks are becoming mobile networks — and Nubank wants a piece of the action

Infra.Market, an Indian startup that helps construction and real estate firms procure materials, has raised $50M from MARS Unicorn Fund.

MARS doubles down on India’s Infra.Market with new $50M investment

Small operations can lose customers by not offering financing, something the Berlin-based startup wants to change.

Cloover wants to speed solar adoption by helping installers finance new sales

India’s Adani Group is in discussions to venture into digital payments and e-commerce, according to a report.

Adani looks to battle Reliance, Walmart in India’s e-commerce, payments race, report says

Ledger, a French startup mostly known for its secure crypto hardware wallets, has started shipping new wallets nearly 18 months after announcing the latest Ledger Stax devices. The updated wallet…

Ledger starts shipping its high-end hardware crypto wallet

A data protection taskforce that’s spent over a year considering how the European Union’s data protection rulebook applies to OpenAI’s viral chatbot, ChatGPT, reported preliminary conclusions Friday. The top-line takeaway…

EU’s ChatGPT taskforce offers first look at detangling the AI chatbot’s privacy compliance

Here’s a shoutout to LatAm early-stage startup founders! We want YOU to apply for the Startup Battlefield 200 at TechCrunch Disrupt 2024. But you’d better hurry — time is running…

LatAm startups: Apply to Startup Battlefield 200

The countdown to early-bird savings for TechCrunch Disrupt, taking place October 28–30 in San Francisco, continues. You have just five days left to save up to $800 on the price…

5 days left to get your early-bird Disrupt passes

Venture investment into Spanish startups also held up quite well, with €2.2 billion raised across some 850 funding rounds.

Spanish startups reached €100 billion in aggregate value last year

Featured Article

Onyx Motorbikes was in trouble — and then its 37-year-old owner died

James Khatiblou, the owner and CEO of Onyx Motorbikes, was watching his e-bike startup fall apart.  Onyx was being evicted from its warehouse in El Segundo, near Los Angeles. The company’s unpaid bills were stacking up. Its chief operating officer had abruptly resigned. A shipment of around 100 CTY2 dirt bikes from Chinese supplier Suzhou…

1 day ago
Onyx Motorbikes was in trouble — and then its 37-year-old owner died

Featured Article

Iyo thinks its GenAI earbuds can succeed where Humane and Rabbit stumbled

Iyo represents a third form factor in the push to deliver standalone generative AI devices: Bluetooth earbuds.

1 day ago
Iyo thinks its GenAI earbuds can succeed where Humane and Rabbit stumbled