MarketCapture Newsletter
Covering strategic and tactical marketing issues faced by software and other high-tech executives
issue 17   August 2003  
 
Summertime
And the living is easy
Fish are jumpin'
And the cotton is high
 
Oh, your daddy's rich
And your mama's good lookin'
So hush little baby now
don't you cry
 
One of these mornin's
You're gonna rise up singin'
Then you'll spread your wings
And take to the sky
 
 
From “Summertime”
George Gershwin and Dubose Heyward
 
 
 
Dear Colleague,
 
It is summertime, but the living is not that easy... (unless your daddy is indeed rich).  The enterprise software market is still reeling.  Hot and hazy summer days are not the best time to turn things around.  Customers are on vacation, salespeople are at the golf course, and the product is practically melting.  Marketing?!  They never do any good anyway...
 
So what can you do to get things going this summer?
 
Whenever things don’t work out, we try to look at root cause, which usually leads to some sort of strategic discussion about positioning.  This doesn’t go very far either: the only meaningful conversation you can have these days about positioning is how to place your easy chair to catch the best breeze.  Or how to secure the most strategic position for people watching on the beach. 
 
What about promotion? After all, summer promotion is a great tradition. So we sweat it and came up with some grand ideas that are guaranteed to get your customers all excited:
  1. Offer a trip to the North Pole.
  2. Use the 80/20 rule: offer 80% discount to 20% of your customers.
  3. Treat your prospects to a beach party.  Most would rather buy your software suite than show up in a bathing suite. 
  4. Burn your software on frozen CD’s (sells especially well in Arizona).
  5. Go global.  It’s time to open that office in Australia (it’s winter there).
  6. Go fishing.  Forget about selling software.  Only fish are dumb enough to bite the bait after all these years. 
As usual, we are looking for your feedback – did our ideas work for you?  Do you have any other ideas you’d like to share with our readers?  Write to SummerIdeas@MarketCaputre.Beach.
 
 
To really ease things up these days, we’re offering a shortened summer issue of our newsletter.  Last month, we wrote about opportunities for renewed growth in the enterprise software market.  Two great articles published since then add relevance and substance to the topic. The first article shares our enthusiasm for the “Software as Service” business model; the second echoes the sentiment we voiced for lower expectations, concluding with the words “small is beautiful.” 
 
We end this issue back on a less serious note; keeping with our summer tradition, we turn to Dave Barry for some funny reflections.
 
We’ll be back with our standard newsletter format in September.
 
For now, enjoy the rest of the summer,
 
Eran.

   
Calling all Software as a Service
Sharon Wienbar (BA Venture Partenrs), Sterling Hoffman Newsletter

BA Venture Partners is aggressively seeking new ‘software as a service’ deals and even issued a press release encouraging entrepreneurs to get in touch. If you’re a believer in the model like I am, you’d probably say “it’s about time!”; if you’re not – it’s an opportunity to think about it again.

Read why BAVP is newly intrigued by the business model >>


 
Business Software Billion Dollar Club
Eric Nee, CIO Insight

Do you know how many software companies have earned admission to the Billion Dollar Club (annual sales volume)? Can your company be the next one?

Read why membership is getting tougher to come by >>


 
A Relaxing Vacation? Yeah, Right
Dave Barry, Miami Herald

Is there no escape?

Summer according to Barry >>


 
 

Helping Software Companies

  • PENETRATE NEW MARKETS
  • INTRODUCE NEW PRODUCTS
  • INCREASE MARKET SHARE

More about MarketCapture >>

 
IN THIS ISSUE
Calling all Software as a Service
Business Software Billion Dollar Club
A Relaxing Vacation? Yeah, Right
 
 
PAST ISSUES
July 2003
June 2003
May 2003
April 2003
March 2003
February 2003
View complete archive 
 
 
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