What is the Product the Customer Buys Before They Buy Yours?
Tomasz TunguzVenture Capitalist at Redpoint If you were forwarded this newsletter, and you'd like to receive it in the future, subscribe here. What is the Product the Customer Buys Before They Buy Yours?
What is the product a customer or a prospect buys immediately before they buy yours? We’ve all heard the words digital transformation. Now that I’ve given you time to unroll your eyes and let the sarcastic comments dissipate, please give me a chance to make something useful of this idea. As a customer progresses along their journey, they evolve from a previous inferior state to a new superior one. The journey might be a migration from an on-premises data stack to a modern cloud data pipeline. Perhaps, they are in the midst of modernizing their sales infrastructure from simply Salesforce to a broader suite of call recording, marketing attribution, and sales content enablement. A business could be migrating to a Kubernetes stack to power a microservices architecture with distributed tracing. For Looker, the preceding step was the adoption of a cloud data warehouse. By partnering with the newest generation companies like Snowflake and Google Big Query, and demoing with them, Looker’s product was part of a packaged pitch (data warehouse and BI together). At the end of many sales pitches, a prospect would say, “I’ll take it all.” Whatever the journey is, the customer isn’t purchasing just one solution to solve their needs. The typical mid-market company purchases 137 SaaS products, and the figure grows 30% annually. Companies collect tremendous amounts of software, and they layer it on top of one another to ascend a Maslow’s hierarchy of software needs until they reach actualization. Which is the rung of the software ladder immediately beneath yours? Whatever it is, those are the companies to partner with, develop technical integrations to accelerate adoption, co-sell and generally go-to-market alongside. After a prospect has adopted the software rung below yours, their eyes will rise to yours, and that’s your opportunity to win the great game of Risk played in software.. Position your startup to be there when they look to the future. |
Older messages
How Will We Value a Crypto Token?
Tuesday, September 7, 2021
Tomasz Tunguz Venture Capitalist at Redpoint If you were forwarded this newsletter, and you'd like to receive it in the future, subscribe here. How Will We Value a Crypto Token? Imagine you have
Benchmarking Amplitude's S-1: How 7 Key Metrics Stack Up
Thursday, September 2, 2021
Tomasz Tunguz Venture Capitalist at Redpoint If you were forwarded this newsletter, and you'd like to receive it in the future, subscribe here. Benchmarking Amplitude's S-1: How 7 Key Metrics
Per Seat or Per Use Pricing: A Framework for Evaluating the Right Strategy for Your Startup
Wednesday, September 1, 2021
Tomasz Tunguz Venture Capitalist at Redpoint If you were forwarded this newsletter, and you'd like to receive it in the future, subscribe here. Per Seat or Per Use Pricing: A Framework for
You'll Never Login the Same Way Again
Monday, August 23, 2021
Tomasz Tunguz Venture Capitalist at Redpoint If you were forwarded this newsletter, and you'd like to receive it in the future, subscribe here. You'll Never Login the Same Way Again Visit
Preset Cloud - The Visualization Layer for the Modern Data Stack
Wednesday, August 18, 2021
Tomasz Tunguz Venture Capitalist at Redpoint If you were forwarded this newsletter, and you'd like to receive it in the future, subscribe here. Preset Cloud - The Visualization Layer for the
You Might Also Like
💥 Make 2025 The Best Year of Your Life - CreatorBoom
Wednesday, December 25, 2024
Six Figure Local Newsletter, How Eddie Shleyner Built Very Good Copy, 10 Newsletter Success Stories Generating $1.1M in MRR, 4 Boring Websites That Make over $35k Per Month, 6 Things to Do if Your
🚀 This holiday, learn from the best & transform 2025
Wednesday, December 25, 2024
These experts have built $100M+ businesses—now they're here to help you do the same. fdrlogo Hey Friend , What do 30000+ Foundr students know that you don't? They know the difference between
🗞 What's New: AI video editing is coming to Instagram
Tuesday, December 24, 2024
Also: Mobile app earnings jumped 15.7% in 2024 ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
[CEI] Chrome Extension Ideas #171
Tuesday, December 24, 2024
ideas for Amazon, Podcast, Twitter, and AI ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Top angel investors in the U.S.
Tuesday, December 24, 2024
Inspiration for who to raise from when you're raising your early rounds ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
🎁 🎄 HO HO HO! Here's the ultimate gift for your business journey
Tuesday, December 24, 2024
Unwrap your holiday gifts and start building your dream in 2025! fdrlogo Hey Friend , HO HO HO! Your holiday gifts have arrived! This isn't your typical holiday surprise—these gifts are proven
Biggest rounds of 2024
Tuesday, December 24, 2024
+ Sriram Krishnan joining Trump's government View in browser Sponsor Card - Up Round-35 Good morning there, Welcome to the last Sifted Daily newsletter of 2024, in which we look back on the biggest
The Corner Office & Low Exp 👩💼
Monday, December 23, 2024
And some holiday news͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
🗞 ICYMI: insights on o3, AI job disruption, marketing on Bluesky
Monday, December 23, 2024
Also: a new social network ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
top strategy research of 2024
Monday, December 23, 2024
every billion-dollar startup around the globe, tech that will change the world, and the strategy team playbook CB-Insights-Logo-light copy Our top strategy research of 2024 Highlights: Every billion-