πŸ”† What makes your SaaS solution incomparable in the mind of your customer?

πŸ”† What makes your SaaS solution incomparable in the mind of your customer?

I listened to Jonathan Stark‘s podcast this morning, where he shared his “Max-Price” formula:

Desire * Purchase power * # of alternatives.

Just think about it.

Assuming you address an audience with enough desire and purchase power to buy your SaaS, the tricky part lies in component 3.

πŸ€” – The more alternatives a potential customer dramatically lowers your option to win.

πŸ€” – The more options they have, the more leverage to influence the deal: Who wins, and at what price or better…. at what discount….

Every week I hear many SaaS CEOs complaining about how they’ve become a hostage in this sea of samenessβ€”where discount feels like their only weapon.

And the odd thing is – they have all the ingredients at hand to break away from this horrible space.

The only thing they have to do is: Take position.

“Other options” is something that lives in a customer’s mind – no one else. Therefore, without taking position, you don’t exist for them.

Your opportunity is to ensure your SaaS is incomparable in their mind.

So my question to reflect upon today:
What makes your SaaS solution incomparable in the mind of your customer?

 

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