Providing web-based software applications that customers can access through the internet in the form of services such as productivity tools, project management software, customer relationship management (CRM) systems, etc, is a service that’s in high demand. After all, from a consumer’s perspective, web-based software applications offer flexibility, convenience, and cost-effectiveness. Naturally, there are 1000s of companies vying to fill growing demand, which means that any company that wishes to stand out from the crowd needs to use advertising techniques that are not commonly used.
So here are 3 underrated advertising techniques for Software as a service (SaaS) companies.
Put simply, point-of-purchase (POP) advertising is a technique that involves promoting products or services at the location where customers make purchasing decisions. For a SaaS company, this could mean their website or in the checkout process, with the goal of capturing a customer’s attention with a compelling reason to make a purchase or upgrade their current subscription.
For example:
Hosting webinars can be a highly effective strategy for SaaS companies to promote products and services, as well as generate leads, all while establishing thought leadership in their industry. This is because consumers value useful content and companies able to provide this are typically rewarded with leads among other things. Plus, webinars can be recorded and shared on social media to a wider audience long after the live event has ended, basically reaping the benefits of two advertising techniques.
When hosting a webinar, it’s a good idea to:
Say you run a project management software company, and someone visits your website but doesn’t sign up for even a free trial. Retargeting ads means arranging for them to see an ad on their Facebook newsfeed with a message like “Still looking for the perfect project management tool? Try our software for free and streamline your workflow today.”
For Saas companies, retargeting ads can be a powerful tool to remain on top-of-mind of potential customers by re-engaging those who have shown interest but have not yet made a purchase.
For the best results with this technique, you want your ads to be visually appealing, featuring clear messaging that speaks directly to your audience.
Overall, the key to success with any advertising technique is to understand your target audience and create messaging and content that resonates with them. By not just experimenting with these underrated techniques but also tracking your results, you can find the right mix of tactics to reach and engage potential customers and grow your SaaS business.