Customers sing your praises to prospects (then beat you up about desired functionality)!
One of my first recommendations as a board member was to push the CEO to organize a users’ group meeting.
He said, “But we only have twelve customers…”
I responded, “Ah! Then we should have started earlier!”
Users’ groups are competitive weapons for SaaS vendors, enabling differentiation beyond your products.
Why do customers participate in users’ group meetings?
0. The free bar at face-to-face meetings…!
1. To learn how other customers are using the software
2. To push the vendor to implement or improve capabilities
3. To get insight into the product roadmap (and influence it).
Number 1 above is often the most interesting and most important for current customers:
- What applications are being used successfully by other customers?
- How are other customers’ implementations different or better?
- What additional applications and use cases have other customers put into play?
- What value are they enjoying?
- What implementation and adoption challenges were encountered and overcome?
And the value to your customers increases with increasing complexity and application breadth of your product(s). Users’ group meetings for “toolkit” offerings, for example, offer very high value for customers.
Next, why do vendors hold users’ group meetings?
1. To learn how their customers are using the software
2. To gain insights into customer desires and future needs
3. To move prospects forward in their evaluation and buying processes.
Number 1 yields extremely valuable formal and informal success stories (see “Fabulous Fuel for Sales, Presales and Customer Success: The Incredible Utility of Informal Success Stories” – https://greatdemo.com/fabulous-fuel-for-sales-presales-and-customer-success-the-incredible-utility-of-informal-success-stories/)
Number 2, of course, provides excellent input into your product planning and roadmaps.
And number 3 can be a very powerful social referencing and proof-point mechanism! When you invite prospects to your users’ group meetings, they interact with existing customers, asking questions like “Are you happy with the software?” and “Would you buy it again?” The answers may be all the proof needed to move forward with a purchase.
And there’s a fourth nugget that can occasionally be uncovered: Why did your current customers choose you over other options? The answers to this question are sales and marketing gold!
Finally, an active users’ group can help you outflank competition. When you and your competitors’ offerings are very similar with respect to features and capabilities, you can use whole product analysis to bias the comparison in your favor: your users’ group may provide the critical advantage! (See “Competitive Differentiation via Whole Product Analysis” here: https://greatdemo.com/competitive-differentiation-via-whole-product-analysis/).
When’s your next users’ group meeting?