How to Make Your GTM Strategy Swing: A Dance-Inspired Approach to Conquer the Market
GTM Club's debut blog explores the harmony of effective GTM strategies and how synchronising your team's moves can lead to a standing ovation in the marketplace. Dive into the nuances of GTM and learn how to make your strategy dance!
Welcome to the rhythm of GTM Club. We are stepping onto the dance floor before checking if our shoelaces are tied. Why? Because in the world of Go-To-Market (GTM), action drives results, not the other way around. Our mantra is simple: don't wait for perfection; it's the journey that shapes excellence. So here we are, hitting 'publish' on our first blog post even before the curtains officially rise.
In the wings, we have an array of show-stopping numbers lined up, with future posts delving into the evolution of GTM strategies and the reasons why GTM should take center stage in your business playbook, to mention some topics. But for our opening act, we’re keeping it easy, shedding light on why it's time to bring GTM strategies into the spotlight, right here, right now.
Why GTM Strategy Often Fails
Picture this: you're launching a revolutionary product, expanding to uncharted markets, or unveiling a new service. The common denominator? The critical role of your GTM strategy. Despite its significance, GTM is frequently relegated to a background role, considered an add-on rather than a cornerstone guiding actions.
Here's a glimpse into a not-so-uncommon, flawed GTM story: a product team rushes through a one-off training session for the sales force. The marketing team scrambles to release some content. Sales reps rehash the new offering to their existing contacts, only to meet with polite indifference because the product doesn't resonate with the current clientele. Some of the more skilled sales reps make a dent, but the leadership is quick to conclude that the market just isn't interested. Eventually, the product joins the ranks of "also mentioned" in the company's portfolio, dusted off only when other options have been exhausted. This all-too-familiar narrative is not just a time-killer; it's a drain on resources, sapping energy from promoting the mainstay products that sustain the business.
At the heart of this misfire is a glaring lack of sync between sales, marketing, and product teams.
How the Dance Should Go Then?
In stark contrast, an effective GTM strategy is akin to a well-orchestrated dance. It's a ballet of interdepartmental harmony where the product team conducts the orchestra, and sales and marketing perform a duet that captivates the audience. The ease and grace you witness on stage? That's the result of countless hours of practice and ceaseless communication.
The nature of your business sets the tempo. If you cater to SMEs with smaller contract values, you're jiving to a fast-paced beat. If you target the public sector with substantial contracts, maybe worth millions of euros annually, your strategy sways to a slower, more deliberate rhythm but still hits all the right notes.
Mastering this dance is no mere feat. It's an intricate blend of rigorous practice, rhythm comprehension, and expressive flair. It involves selecting your dance style based on your market, learning the steps through study and observation, and understanding the rhythm by tuning into your market's unique demands and cycles. It's about assembling your dance troupe — your GTM team — and moving in unison, recording your rehearsals to fine-tune performance, and, importantly, enjoying the journey.
After all, the essence of dance is expression and joy, and the same applies to devising and executing your GTM strategy.
So, are you ready to dance? We're extending an open invitation: join us in this exciting journey to explore, learn, and master go-to-market. Stay in step with us — subscribe to our newsletter for all the latest beats. Did our opening number at GTM Club strike a chord with you? We're all ears for your feedback, expectations, and queries. Reach out on Facebook, Instagram, or log-in to drop your thoughts right here in the comments.
Here's to making the GTM dance floor buzz with collective energy and passion!