ManagementMarketing

I Am Your Customer!

Last week, a friend who is new to technology marketing, commenting on key trends said: “SMB [small and mid-size business] is one of the biggest trends right now.” If you’ve been around the technology business for the last few years, you’ve seen it, also. Every company who has traditionally sold to the enterprise (the largest companies, the Fortune 500, Global 2000, etc.) wants to sell to the “SMB.”

An “SMB” is not a trend. A business – any business of any size – is a (prospective) customer. (did I really have to point that out?)

I’ve heard this play out in several companies with which I’ve been associated: Someone contacts the company asking for information. The response is “you’re an SMB – you need to talk to our new SMB department (group, team, whatever).” This is a bit like telling the prospect calling from Buenos Aires to call the Brussels office because “you’re international” (hint: no, they are not – they are domestic; just not in the same country as you).

So let me offer this challenge: Can we please stop calling SMB a trend. Segmenting your market by size is fine – if you can identify unique needs and buying patterns based on size. But the so-called SMB market has always been there. The fact that enterprise-focused companies have been unable to address it is not the problem of the (prospective) customers in that market – it’s the problem of the vendor!

So, please, remember: a small or mid-sized business is not a trend – it is your customer. Act like it.

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