The foundation of any successful go to market strategy ...
RedSnap Inc. is an agency for fintech branding, marketing & sales. We power fintech growth by aligning your marketing & sales. We develop appealing brands, impactful marketing campaigns and successful sales strategies that truly drive growth. Let’s simply say: we make sure your (potential) clients see you, like you and buy you.
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eBook 7 habits of highly effective fintech companies
Lack of structure and a lot of creativity. Are these the characteristics that come to mind when asked to describe a great salesperson? Not really right? Yet, the best sales people I know in the industry are not very structured, not very organised nor disciplined.
Instead, the best sales people I have come across are very creative and people oriented - and yes, this includes that good sales people are trustworthy and likeable. They always find a way and get things done. For them, no deal is the same!
So being creative, is that bad? Not at all: In the last decade the sales game has changed dramatically from “controlling the sales cycle “ to “facilitating the buyer journey”. A totally different game that makes creativity and being nice good characteristics!
An important thing to remember is that people like to buy, but don’t want to be sold to. Good sales help clients buy. So please, stop selling. All you need to do is to find the clients who want to buy from you and then help them.
Of course it all starts with your mindset. But what is equally important, is knowing your client... Where is he situated in his buyer journey? To know this, you'll have to do some research and use the right data. With this knowledge you’ll be in good shape.
If I'm completely honest: lack of structure doesn’t work for me. (And I can’t rely on my creativity either, haha!) That’s why I structured this series of short and actionable blog posts regarding successfully engaging with the financial services industry. The structure I use in the coming blog posts is that we go from branding via marketing quickly to sales.
I’m Brian, by the way. And, for over 25 years I sold technology to the financial services sector. Through a series of blog posts I will share my experiences, best practices, do’s and don'ts, pitfalls, etc. to help technology companies successfully sell to banks. By the way, if I use the word ‘banks’ or ‘bankers’ I also mean insurers and asset managers and the people that work in insurance or asset management.
In our article 'From lead to deal: The sales game has changed' we observed that successful organizations changed from controlling the sales cycle to facilitating the buying cycle. This approach requires a deep integration of marketing and sales. For many organizations this is a fundamentally new way of thinking. How can you arrange a successful marriage between marketing and sales?
Welcome to our ‘mind the gap’ article about brand & identity. Let’s first make sure we are all on the same page about the terminology because the language used is often misunderstood. Brand: Your brand is a combination of a visual identity, tone of voice and behaviour - most visibly expressed through your logo, taglines and images used in communication campaigns.
Welcome to our ‘mind the gap’ article about positioning. Here we will discuss the importance of positioning and how it can help you stand out from your competitors. How many times have you walked into a bank to pitch for a piece of business only to be told ‘we already have the functionality you offer’ or ‘we solved that problem a long time ago’.
In this ‘mind the gap’ article we will discuss the value proposition and how it will help your fintech sales efforts in the financial services sector. That is, if applied correctly... Going the extra mile...
Most Fintechs face the same challenges in finding their target audience. They have a fantastic product which solves a problem for a bank. But how do they enter the considerable and risk-averse market of banks? A challenge like this isn’t a day at the beach, or is it?
Before banks buy your product (or service), you first need to convince the buying committee. The people on this committee make sure that the banks money is well spent. Here is how you deal with them in order to close a deal.
A lot of fintechs might feel the urge to skip the competition analysis. Simply because they feel they don’t have any competitors. Their product is a unique solution, so why bother with looking at what others do? Well, fintechs should worry because there is always some competition; ‘special snowflake-ness’ is an illusion.
It might come as a surprise to you, but focusing on selling is sometimes the worst thing a sales organisation can do. A much better approach is to focus on the problem you solve for your customers and how can you help them navigate the deal through their own organisation.
Phrases like 'pipeline optimization' that we use in our Sales & Marketing businesses do not always sound exciting. Nevertheless, the topic of pipeline optimization is hot as can be! If you optimize your sales pipeline, you'll find the most effective way from lead to deal. Sounds like a plan, but how do you do it?
Let's have a look at 'Sales Enablement’. There seem to be many misunderstandings about this topic, but most companies don't even notice it.
Sales is like playing tennis. Nobody cares about how many balls you hit, or services you make, how hard you hit the ball or how many miles you ran on the court. At Wimbledon, it is all about the performance: winning the game. And that's the same with winning sales.
In this e-book, you'll learn about the one important question you need to focus on: how to win the market, as a team. Get your own copy and conquer the fintech world!
What are the 7 key habits that are continuously practised by successful fintechs? Follow the habits outlined in this e-book and you will be well on the way to growth.