13 Best SaaS Marketing Strategies for Supercharged Growth in 2023
Published on November 6th, 2023
15 min read
Published on November 6th, 2023
15 min read
In the SaaS industry, there is a continuous change in how businesses operate and connect with their prospects and customers. For SaaS marketers, it is crucial to stay ahead of this transformation. This article will explore 12 strategies for SaaS marketing that work extremely well in 2023.
SaaS marketing encompasses various strategies and techniques to promote and sell SaaS products. What makes SaaS marketing unique is its focus on the characteristics of the SaaS business model. The primary goal remains unchanged: reaching customers through channels like search engines, social media, email, and content marketing. Afterward, guiding them through the sales process to convert them into paying customers.
SaaS marketing aims to attract and retain customers by communicating the product’s value, educating them about its features and benefits, and providing a user experience that encourages ongoing usage and loyalty.
SaaS marketing stands out for reasons, with the critical difference being its subscription-based nature, which often follows a Freemium model. This fundamentally changes how sales are conducted by shifting from one-time transactions to nurturing long-term customer relationships.
Most of a SaaS company’s income comes from existing customers, meaning the entire SaaS marketing system needs to be customized to cater to their needs.
Although SaaS companies have access to marketing channels, as industries, the way they approach marketing differs. This article will provide 12 strategies to consider when developing your SaaS marketing plan.
In 2023, effective SEO is crucial for SaaS marketing success. Here are the key components:
Start with meticulous keyword integration. Identify high-value, low-competition keywords. Integrate them seamlessly into your content, meta tags, and headings. Craft compelling meta titles and descriptions. Ensure each page has a unique and descriptive meta tag. Optimize URL structure for user and search engine understanding. Prioritize mobile responsiveness for an excellent user experience.
Quality always trumps quantity in backlinks. Focus on acquiring high-quality, relevant links. Engage in collaborative efforts like guest blogging and outreach. Utilize internal links for user navigation and link equity distribution. Regularly audit backlinks to disavow toxic ones.
When it comes to SaaS content marketing, a thoughtful segmentation approach is critical. Given the inherent complexity of SaaS products, alongside a user-friendly UI, it’s crucial to establish a Knowledge Hub. This hub serves as an onboarding platform, swiftly guiding new users in effectively addressing their pain points with your SaaS solution. Collaborate closely with the Product team to comprehensively understand the product features. From there, design a content marketing engine rooted in this understanding.
This content engine should encompass various sub-categories, with each category tackling a specific feature or pain point experienced by customers. Within these categories, conducting A/B testing becomes invaluable. This lets you identify the UI/UX variations, content grid layouts, or in-content CTAs that yield the highest conversions. While demanding, this approach significantly enhances personalization for different ideal customer profiles (ICPs) with distinct pain points. This, in turn, leads to heightened content relevancy and an enriched reading and learning experience.
Online marketing is imperative in the digital realm, where many SaaS products are hosted and delivered on the cloud. Search engines are the primary avenues through which customers discover your product. Therefore, your educational content must be optimized for SEO, aligning with 2023’s best practices. For instance, Google places significant value on website quality. Employ web testing tools to evaluate your SaaS website’s functionality and aesthetics.
Post optimization, don’t stop there. Repurpose your SEO-optimized content and disseminate it across various channels. This multifaceted approach allows you to reach a diverse audience. You can transform a text-based piece into image-centric content, broadening your reach on platforms geared toward visual content. The reverse is true – adapting image-based content into text-based formats expands your space in different channels. By doing so, you’re effectively hitting numerous targets with a single effort.
Pay-per-click (PPC) marketing empowers you to precisely target your audience, swiftly directing the most relevant visitors to your product landing page. It’s a dynamic and efficient method to yield results, harnessing the colossal traffic potential of leading search engines and social media platforms.
Yet, it’s vital to recognize that PPC operates on a double-edged sword. While it provides swift outcomes, the priority should still be SEO-optimized SaaS content marketing. This approach establishes a stream of evergreen organic traffic that can be converted into loyal customers. Paid traffic, on the other hand, does come with a cost. It’s crucial to know that PPC isn’t foolproof; fluctuations can occur significantly when affected by Google algorithm updates. This variability can impact your bottom line. Therefore, always consider your evergreen SEO strategy as a safety net for your quick-conversion PPC approach.
PPC is effective because we have seen it work. One noteworthy success story is our collaboration with SponsorCloud. By deploying a meticulously tailored PPC strategy across both social media and search engines, we achieved an astounding 207% return on investment (ROI) for them. With a monthly spend of $6000, this translated into a significant boost in their revenue and a testament to the effectiveness of our strategic approach.
SaaS solutions are designed to address specific challenges, creating a natural gathering point for individuals facing similar issues, whether on forums, digital communities, or social media groups. Shared challenges have a unique way of forging connections among people.
Creating a SaaS community begins with pinpointing where your customers congregate and engaging with them. Communicate that you possess a solution to their problem and extend an invitation to try your products at no initial cost. Once you establish a proof of concept, word-of-mouth will be a powerful catalyst for accelerating your SaaS growth, especially in its nascent stages.
As your product advances in maturity, this SaaS community becomes a treasure trove of user-generated content, which can be harnessed as authentic testimonials. Community members provide invaluable, firsthand insights that potential users crave but often struggle to find in conventional blog posts and articles. If circumstances permit, consider organizing community-building events to deepen user connections while effectively conveying your brand messages and core values to those who resonate.
An effective SaaS email marketing campaign should cater to all customer journey phases. At each juncture, elements like the subject line, content, call-to-action (CTA), and target audience should be meticulously fine-tuned to serve a specific purpose: demand generation, lead generation, or product onboarding. Relying on insights gleaned from extensive data analysis provides the email marketing team with the necessary guidance to implement these adjustments.
In SaaS marketing, an onboarding email sequence is pivotal in reducing customer churn, enhancing retention, and boosting product adoption rates. This sequence deserves meticulous attention. Engage relevant stakeholders from the product team in this conversation to ensure that the emails are genuinely relevant and address the precise pain points of new users. This collaborative approach ensures that the onboarding process is seamless and effective.
Rather than investing in costly mega-influencers with lower engagement rates, consider working with micro and mid-sized influencers who typically yield higher engagement. Influencers need to be familiar content creators. Leverage your existing user base and prominent figures in your community to endorse your SaaS products.
Align your efforts with your growth trajectory. Proactively engage a select group of influencers, meticulously monitor their performance, and then amplify what proves effective. Brainstorm various iterations for your creatives or approaches, and assess which versions garner more user interactions. While this incremental approach may require time, it allows your team to familiarize themselves with the product and its dynamics intimately.
Referral marketing shares similarities with influencer marketing, but it offers a distinct advantage: setting up a referral portal directly on your website, accessible to anyone, including your everyday users. If your SaaS product caters to a global audience, international referrers can bridge cultural and language gaps to promote your products in their respective regions. This expands your SaaS marketing reach, unlocking a new cohort of influencers previously beyond your grasp.
To enhance the impact of your referral marketing initiative, elevate your tracking capabilities by introducing reward tiers. Diligently monitor the contributions of your referrers to your SaaS website and recognize their efforts accordingly. This encourages referrers to fine-tune their promotion strategies towards specific performance metrics. For instance, at Katalon, a software quality management platform, we implement a performance-based referral program with tiered bonuses based on the results that affiliate marketers bring to our website.
Even with a user-friendly interface, tutorial videos are indispensable, especially for advanced features. Take a strategic approach to video marketing by identifying key product features that address critical user needs.
Prioritize the production of videos that acquaint users with these features. Ensure they align with your brand identity while remaining highly relatable and providing precise solutions. You can effortlessly repurpose your text-based content into engaging videos for a rapid learning experience.
Distribute these videos on relevant platforms like YouTube, Instagram Reels/IGTV, TikTok, or Facebook Shorts. Additionally, consider categorizing your videos by their intended purpose. Lead generation videos connect with users unfamiliar with your product, focusing on how it resolves their issues. Tutorial-centric videos educate registered users on navigating your product and executing specific tasks, demanding a more professional tone with subtle attention-grabbing elements.
Simultaneously, engage in social listening to unearth fresh pain points from your existing users, allowing you to craft tailored tutorials to address their unique needs.
Webinars serve as focused educational sessions akin to mini-online events that require careful planning. They prove highly effective as participants demonstrate a significant interest in your products or possess a substantial pain point, prompting them to invest time in registration and attendance. This presents an excellent opportunity to educate your audience about your SaaS solution while gathering valuable feedback.
Selecting a suitable webinar-hosting solution from the various options available on the market is crucial. These tools streamline the often labor-intensive tasks associated with webinar hosting. They facilitate lead collection, track signups, and gauge the overall effectiveness of your webinars.
Podcasts offer a seamless avenue to engage users through in-podcast product mentions or featuring guest speakers. Typically, founders and C-level executives lend their expertise to podcasts, establishing credibility and authority. This fosters an authentic, personal connection with the audience, presenting your brand not as a relentless sales entity but as a problem-solving individual.
Consider allocating resources towards a company podcast for complete control over branding and content. Prioritize delivering value over direct product promotion. You don’t need extensive high-tech recording equipment; a laptop with a decent microphone will kickstart your podcasting journey. Collaborate with influencers to feature on your podcast, facilitating cross-promotion to expand the reach of both your podcast and product simultaneously.
Podcasts also prove to be a cost-effective alternative to traditional channels. As traction builds, your podcasts garner organic views with minimal maintenance costs. This makes them a sustainable and efficient marketing strategy for your SaaS venture.
The Freemium model is a widely embraced strategy in the SaaS industry. While Free Trials grant users a brief period of full product access, it can be susceptible to abuse through multiple accounts. The Freemium model offers perpetual free use with limited features, reducing barriers to entry and fostering long-term customer loyalty.
Canva stands as an exemplary success story of this approach. Their free version provides extensive utility, sufficiently addressing user pain points. For advanced features, users opt for the Paid/Premium version. This model propelled Canva to a valuation of $26 billion by September 2022. This showcases the potent effectiveness of the Freemium model in SaaS.
Event marketing only sometimes necessitates grand affairs. It can be as simple as concise 30-minute talk shows, engaging Q&A sessions, or inviting guest speakers. Typically, authoritative figures within the company are featured, sharing their invaluable insights and experiences. These interactions position the company as a thought leader and industry expert, setting it apart from competitors.
The in-person nature of event marketing offers a unique chance for direct face-to-face engagement with customers. This allows immediate question-answering, valuable feedback collection, and potential partnerships with other market players. After these conversations, you can follow up with highly promising leads, solidifying the newly forged connections.
Events generate a trove of content, shareable across social media, websites, and news channels. This amplifies your message, extending its reach to a broader audience. Once again, such events establish a genuine connection with potential customers, imbuing your solution with a narrative beyond being a mere “product for sale.”
In the final stride, embrace automation. All the aforementioned activities should be automated wherever feasible to enhance efficiency and elevate the customer experience. You can even introduce automation within your SaaS product to bolster marketing endeavors, ushering in a new level of personalization. As your product expands, you’ll have the capacity to invest increasingly in automation solutions.
Nevertheless, wield your automation tools judiciously. One such emerging solution is ChatGPT, which autonomously generates content based on a brief prompt. While Google explicitly states that it doesn’t penalize AI-generated content, genuine content offering tangible value will always stand out. Before automating a workflow in your SaaS marketing apparatus, ponder whether human input is imperative and whether automation yields a superior ROI.
In the dynamic landscape of SaaS, adaptability and innovation are the keys to success in 2023. These 12 strategies offer a roadmap for supercharged growth. From SEO optimization to community building, podcasting to automation, each approach holds the potential to elevate your SaaS venture. By implementing these strategies tailored to your unique needs, you can confidently navigate the evolving SaaS marketing, ensuring robust growth and continued success in the year ahead.
Pushkar is a Digital Marketing Manager and leads SEO Research at FirstPrinciples Growth Advisory. He has over 12 years of experience in Search Engine Optimization for European, American, and Indian markets, both from the agency and as in-house marketing support.
Over these years, he has helped startups and multinational companies (Finance, NBFC, SaaS, Home Improvement, Health, and Software) grow their organic search visibility & achieve their SEO goals.
He is an innovative, cross-functional marketing leader with a track record of planning and managing exceptional marketing campaigns yielding positive returns.