Joshua Feinberg discusses strategies for a Building Information Modeling (BIM) startup to gain brand awareness in the data center industry. 

He emphasizes the importance of targeting specific market segments, considering geographic regions, company sizes, and the decision-making process. 

Feinberg advises starting with a narrow segment, leveraging case studies, and using tools like LinkedIn Sales Navigator. 

He highlights the need to understand stakeholders, create a content calendar, and engage early in the buyer's journey. 

He also suggests using podcasts, webinars, and live streams to build thought leadership and trust, involving internal and external experts.

This video is excerpted from the podcast Ep. #61 Joshua Feinberg, CEO of DCSMI | Data Center Go-to-Market Podcast.

 

Action Items

  • Conduct research to define the target client profile's ideal geographic regions and company size range.
  • Identify the target companies' primary, secondary, and potentially negative buyer personas.
  • Determine the target stakeholders' key goals, challenges, and pain points.
  • Create a content and educational event calendar to position the BIM startup as a thought leader.
  • Identify internal and external subject matter experts to collaborate on podcasts, webinars, and other content.

Outline

Defining Brand Awareness Strategy for BIM Startups

  • Joshua Feinberg discusses the importance of targeting a broad or narrow market segment, emphasizing the need to align with current product capabilities and services.
  • He suggests starting with a narrow segment to achieve initial success and then expanding, especially for new companies.
  • For established companies, he recommends leveraging past successes, case studies, and market commonalities to refine targeting.
  • Geographic considerations, such as language capabilities and localization issues, are crucial in defining the ideal client profile.

Targeting Ideal Clients and Geographic Regions

  • Joshua Feinberg explains the importance of targeting specific company sizes. A company that is too large or too small may not be suitable for the BIM startup's offerings.
  • He advises identifying the optimal company size that aligns with the startup's capabilities and sales process complexity.
  • Based on these criteria, the startup can target specific geographic regions and refine its target account list.
  • Tools like LinkedIn Sales Navigator can help fine-tune targeting for growing awareness in the data center industry.

Creating a Target Account List and Stakeholder Identification

  • Joshua Feinberg outlines the process of creating a target account list, which typically includes a few dozen to a few thousand companies.
  • He emphasizes the need to identify key stakeholders within these companies, noting that smaller companies may have fewer specialized roles than larger ones.
  • Understanding the decision-making process and key stakeholders is crucial for building trust and educating clients.
  • The primary and secondary Buyer Personas are identified, along with potential negative Buyer Personas that could hinder the sales process.

Understanding Buyer Personas and Their Needs

  • Joshua Feinberg discusses the importance of understanding the goals, stressors, and challenges faced by primary and secondary Buyer Personas.
  • He emphasizes the need to map out the buyer's journey and identify the stage at which the client will most likely need BIM services.
  • Early-stage engagement is crucial to educate and build trust with potential clients.
  • Understanding the client's perspective is essential for creating compelling content and educational events.

Leveraging Thought Leadership and Content Creation

  • Joshua Feinberg suggests using podcasts, webinars, and live streams as thought leadership tools to create awareness and gain insights.
  • He recommends involving both internal thought leaders and external experts, including early adopters and clients.
  • Identifying active experts in the community with a strong online presence can help build trust and educate stakeholders.
  • Collaborations and thought leadership initiatives can help the startup position itself as a trusted advisor and subject matter expert.

Iterating and Adapting the Strategy

  • Joshua Feinberg advises startups to deploy their experience and muscle memory to refine the strategy over time.
  • He emphasizes the importance of early engagement in the buyer's journey to build trust and educate clients.
  • The goal is to be involved in as many touchpoints as possible throughout the buyer's journey, positioning the startup as a trusted advisor.
  • Continuous iteration and adaptation based on feedback and market insights are crucial for long-term success.

Resources

Watch the full podcast Ep. #61 Joshua Feinberg, CEO of DCSMI | Data Center Go-to-Market Podcast

 

Do you want to stay up to date about upcoming episodes?

Subscribe to the Data Center Sales and Marketing Newsletter