How to Stand Out in a Crowded Market

Author:

Dan Seabrook
Reading Time: 3 minutes

Episode

69

How to Stand Out in a Crowded Market

Dan Seabrook

VP Sales at Operatix

Lewis Henderson

VP of Product Marketing and Threat Intelligence at Glasswall

It is widely acknowledged that the Cybersecurity sector is extremely crowded with loads of new exciting vendors and technologies coming to market all the time.

We’ve interviewed  Lewis Henderson, VP of Product Marketing and Threat Intelligence at Glasswall to understand how cybersecurity vendors can differentiate themselves in the market and stand out in a crowded market. 

According to Lewis, CISO’s (Chief Information Security Officers)  are bombarded with companies all making the same promise: 100% protection.

How about technology companies took an honest tack for a change?

Being straightforward about your abilities — and eschewing impossible absolutes — will help you instantly cut through all the clamor.

Lewis calls himself a technology geek who loves the science behind data and threat intelligence. He explained that Glasswall takes a file, deconstructs it, and rebuilds a safe, clean version of that original file in under a second to send back to a user. 

“Looking to analyze threat intelligence when you’re a technology company is actually getting that 50,000 foot view across all of your customers,” he said. “It’s how I use that customer data and translate it into something that’s really usable for them.”

left quote
right quote

People do genuinely buy from people and being open and transparent and honest certainly got that shift towards us.

Lewis Henderson

Standing out from the crowd

Based on Lewis’s experience throughout his 20-year career in the industry, he’s learned what’s important for vendors to do to make it through such a crowded market to differentiate themselves.

1 — Get rid of absolute language

The language that cybersecurity technologies have traditionally used is one of absolutes: 100% protection against all vectors. “That should be encouraged to be phased out,” Lewis said.

He became disillusioned when he learned that tech companies couldn’t actually deliver on an absolute marketing promise. “The recipe of how we’ve been successful is just approach our customers very, very differently and be honest that our technology only does file and document security,” he said.

Upfront and clear messaging helps your company specifically and the entire customer experience.

2 — Share your knowledge

Lewis gave a shout-out to blogging. “This is not sales, this is not marketing. This is just allowing a team of individuals who are really, really talented and know their stuff to share ideas safely in the public domain,” Lewis said.

Intellectual property and patents draws the idea of being highly protective over information. “You shouldn’t have to put a lid on the entire company. It’s really important to start to let people actually talk,” he said.

“It’s really interesting to watch us go through this process of being really, really closed, working with intelligence services, to being now really, really open about our methodology, without corrupting intellectual property,” he said.

left quote
right quote

Looking to analyze threat intelligence when you’re a technology company is actually getting that 50,000 foot view across all of your customer.

Lewis Henderson

3 – Create your own category

Some marketers may say that you should create a new category to avoid the competitor problem altogether. You could either update the product or change messaging to achieve this…

Glasswall has created a technology that has, in turn, created a market segment.

Step back — cybersecurity is a massive market heading toward trillions of dollars. Even just a segment of that market is still a huge market.

Lewis told the story of how Glasswall and Gartner created CDR (Content Disarm Reconstruction). In 2015, Glasswall started a relationship with Gartner over Glasswall’s different new technology. And in 2016, Gartner invented the elegant phrase of CDR to describe the technology and create the category.

Invasive spear phishing

As well, cyber threats have their own category, such as ransomware and phishing. As much as the general public understands that phishing is cyber-attacks through email, they probably don’t know what spear phishing is (an attack on single company by trying to get users to click on links and open email attachments).

As VP of Threat Intelligence, Lewis zeroed in on this segment and noticed a good case of looking at all your customer data and trying to use it positively in the marketplace. 

“What I saw in amongst all our data, which is based on malicious email attachments, 70% of them represented a completely unique event, unlike a lot of other types of cyberattacks that I’d seen,” he said. These were malicious email attachments coming from a single email address going to a single recipient with a completely unique email attachment. 

“You’re talking about a 1-in-25-million incident,” he said. “Taking that extension of phishing, which morphed into spear phishing, I came up with a new threat category called invasive spear phishing.”

It boils down to using elegant and specific language to describe a new category both in technology offerings and in threat types.

This new category attracted media attention — which was great from a marketing perspective — and the attention of other cybersecurity professionals (who found invasive spear-phishing just as fascinating as Lewis did). “Take time to get someone to look at your data and see how you can translate it,” he said.

Reach out to Lewis on LinkedIn to learn more about how to stand out in a crowded market.

To hear this interview, and many more like it, you can subscribe to The B2B Revenue Acceleration Podcast on Apple Podcasts, on Spotify, or on our website.

If you’re wondering why Glasswall chose Operatix to support their pipeline generation, we’d love to tell you. Check out here.

powered by Sounder

About Operatix

Operatix is a Sales Acceleration company specialized in supporting B2B Software vendors to identify new revenue streams, increase qualified sales pipeline, and accelerate channel development across Europe and North America. Operatix has a wealth of experience in working with the biggest tech players worldwide as well as a multitude of emerging software vendors.

What is Sales Outsourcing? The Ultimate Guide

Aoife Daly

Outsourcing Sales: Ten Misconceptions Debunked

Aoife Daly

Inbound vs Outbound Sales: What’s the Difference?

Aoife Daly

Ready to get started?

Learn more about how we can get work as an extension of your Sales & Marketing teams to drive more revenue.

Channel Transformation

Digital transformation is changing how companies buy and use business solutions, making vendors re-assess the capabilities of their channel ecosystem. With channel dynamics in constant flux, vendors need to be ready to cut ties with partners that don’t share their vision or have connections with the right B2B buyers.

 

Operatix has supported numerous vendors in their path to Channel transformation by assessing current partners and recruiting new partners that are more aligned with their new channel strategy. Once the right partners have been identified, Operatix built scalable outbound sales development programs that accelerated their routes to market.

Inbound Response Management

In a competitive industry like technology every lead counts. Operatix can help you maximize conversion from MQL to SQL and from lead to pipeline, increasing both your revenue and ROI on marketing activities.

Account Identification

Identifying the accounts that are more likely to buy from you is part of our expertise. We will research the market, identify verticals and industries that can benefit from your solution and set up qualified sales engagements for your teams to kick-off the sales process. 

Cold Prospecting

Our team will identify new sales opportunities within the strategic accounts that you haven’t been successful in penetrating through your sales & marketing efforts. By applying the ‘Challenger Sale’ methodology we use a tailored, multitouch approach to connect with prospects, generating qualified sales engagements for your team and ultimately increasing your pipeline.

Outbound Sales Development

Using a proactive outbound sales approach has been proven to be one of the most effective methods to engage with prospective customers. By applying the ‘Challenger Sale’ methodology we use a tailored, human approach to getting in touch with prospects to increase your qualified sales engagements and ultimately generate more pipeline.

Outbound Sales Development

Using a proactive outbound sales approach has been proven to be one of the most effective methods to engage with prospective customers. By applying the ‘Challenger Sale’ methodology we use a tailored, human approach to getting in touch with prospects to increase your qualified sales engagements and ultimately generate more pipeline.

Partner Concierge Service

Our Partner Concierge Service helps vendors accelerate their channel programs, by engaging and nurturing channel partners and supporting them to get to revenue quicker.

Demand Generation

Whether you need to implement a demand generation strategy or get more results out of your existing demand gen engine, Operatix can work alongside your marketing team to yield better results out of your demand generation programs.

Account-based Marketing

An Account-based Marketing strategy is only as successful as the revenue it generates. At Operatix we will support your 1:1, 1:few or 1:many approach to get your team in front of decision makers in the accounts that matter the most to you. 

Lead Qualification

If your marketing leads aren’t converting, it might be a lead qualification issue. Operatix can help sieve through leads that need further qualification, so they are ready for an AE or sales team member to engage with.

Account-based Selling

At Operatix we will support your 1:1, 1:few or 1:many approach to get your team in front of decision makers in the accounts that matter the most to you. 

Pipeline Generation

Generating Pipeline for our clients is our key-objective. And we do that by using a multi-touch, multi-channel approach to generate qualified sales engagements for our customers’ sales teams.   

Account Intelligence / Deep Dive

Understanding buying centres, hierarchies and relevant personas in strategic accounts is a fundamental step to increase conversion rates. By leveraging account intelligence in a sales conversation your team can tailor their message and provide value to their prospective customer. But sales & marketing teams often struggle to dedicate time and resources to do the deep research and this is where Operatix can help.

DMID – Decision Maker Identification

Finding quality data is an on-going challenge for B2B Tech vendors. The accuracy of data platforms is questionable and that is why Operatix developed a manual process to identify & verify contact details for decision makers within strategic target accounts.

Playbook design

Operatix can develop Sales Playbooks that enable teams to sell more effectively. Your Playbook will be fundamental to get your messaging right, accurately position your solution against competitors, and adapt the communication of your value proposition to different buyer personas.

Recorded Testimonial: RXVantage

Fill in the form below and receive the recorded testimonial of Jeremy Gilman. 

Recorded Testimonial: Qualys

Fill in the form below and receive our recorded testimonial from Joerg Vollmer, the General Manager at Qualys.

Recorded Testimonial: Incorta

Fill in the form below and receive the recorded testimonial of Emily Lewis. 

Sales Playbook Development

Operatix can develop Sales Playbooks that enable teams to sell more effectively. Your Playbook will be fundamental to implementing the correct messaging, accurately position your solution against competitors, and adapting the communication of your value proposition to different buyer personas.

Lead Qualification

If your leads aren’t converting, it might be a lead qualification issue. Operatix can help filter through leads that need further qualification, ensuring that they’re ready for an AE or sales team member to engage with and progress through the funnel. 

Partner Portal / Marketing Concierge Service

Vendors often spend thousands of dollars building multifunctional Partner Portals to help channel partners educate their teams, manage opportunities, and create marketing programs. Still, these portals are often underutilized due to lack of bandwidth and capacity from vendors to offer support in enabling their partner community. Operatix, through their Partner Development team, can support your partners to make the best use out of your partner portal, managing the relationship with your partners and helping them set up co-marketing campaigns to drive more revenue for both businesses. 

Marketing & Sales Alignment

The sales development function is often seen as the “glue” that brings sales & marketing teams together. By working as an extension of your teams, Operatix will be your predictable source of pipeline, sales & revenue.

Optimization of MDF

Market Development Funds are an important component of any channel ecosystem, though vendors believe they are not maximizing the return on investment they should be getting from their MDF programs. At Operatix, we build scalable outbound sales development programs that will give you the visibility of return over the invested spend and will provide clear value for your channel partners.

Increase Partner Productivity

The 80/20 rule is still very applicable to the channel, which means that investing in partner productivity should be a priority for vendors looking to grow their businesses. Operatix can increase partner productivity and shorten sales cycles, by identifying ready to engage sales opportunities for your most valued channel partners.

Virtual Channel Account managers

Our VCAM team is responsible for building, maintaining, and managing sound relationships with current and prospective channel partners. They can get involved in opening up new sales conversations as well as closing small businesses up to $ 10k.

Tier 1 & Tier 2 Activation

Whether your business decided for a Tier 1 or Tier 2 distribution model, Operatix can help your channel partners get to revenue quicker. By providing qualified sales engagements to your channel partners we can accelerate your route to market with tangible and easily measurable results.

Solution Selling Training

Far too often vendors insist on enabling their channel partners to talk about features and technical details of their solutions. Customers don’t buy features; they buy the benefits your solution can bring. Operatix will work with your partner community to train them in articulating your message from a high-level business perspective, enabling them to talk to prospects about the value your solution can bring to their company from a board-level perspective.

Channel Enablement

Enabling your channel partners have measurable wins for your business when done right. Operatix has a proven track record in enabling channel partners from a sales & marketing perspective, providing them the knowledge and tools to successfully pitch your solution and sell the value & benefits of it. 

Partner Recruitment

Recruiting the right Channel Partners is the first step for a successful channel program. Operatix has helped over 350 B2B Software vendors recruit suitable channel partners across EMEA and North America, supporting them to scale and expand their presence in different geographies and verticals. 

Risk/Reward Business Model

To truly work as an extension of our client’s sales & marketing teams, we have also adapted our business models to show how our clients operate, and how their success is measured. With our risk/reward business model your investment is proportional to the results our team delivers.

Sales Qualified Leads

On average, 52.5% of the sales engagements set up by our team progress into a next step in the sale process. That means that 5 out of 10 meetings will progress either into a POC, a Demo or a pipeline opportunity.

Geographical Scale

Trading in different geographical markets not only requires a knowledge of the native language, local rules & policies, but a deeper understanding of the local culture and habits. We have the ability to deliver campaigns in multiple countries with flexible resource allocation. This is through our team of international speakers, who have the ability to sell in 17 different languages across the globe.

Increase Revenue & Decrease Cost

Building an internal sales development team comes with many additional costs and challenges that aren’t always taken into account: recruiting resources, training and enabling them etc. You also need to take into account the need for having the data and tools to make them successful, which in turn requires time, capital and effort. By outsourcing your sales development to Operatix you will see your revenue increasing, while decreasing costs and business risk.

Predictable Pipeline Generation

On average, our clients see a 26X ROI on the programs we deliver. By understanding your revenue targets and sales pipeline gap, we will work on a sales & marketing plan that will deliver tangible results.

Vertical Growth

Entering new industries or launching new product lines? Operatix can accelerate your growth by supporting your go-to-market strategy, and getting your sales teams in front of decision makers in key target accounts.

Reduce Headcount

By outsourcing your sales development and partner programs to Operatix; we reduce headcount and the challenges that come with managing people, technologies, and processes. We take care of your sales development, so you can focus on what matters the most: growing your business.

Revenue Acceleration

Operatix helps your business get to revenue quicker. By providing qualified sales engagements for your direct sales team (to kick-off new sales cycles), or by accelerating the growth of your channel partners, our focus remains on delivering tangible results for your business. 

Persona-based Selling

Operatix team will design specifically tailored messages to influence the different levels of decision makers in the sales process, tailoring the communication according to each job function. Our focus is to sell the value of your solution from a business perspective, not its features.    

Recorded Testimonial: Bitglass

Fill in the form below and receive our recorded testimonial from Aya Fawzy, the former director of Bitglass.