How To Get Your Program Professionally Marketed?

one-man orchestra writes "I'm the sole programmer of a small, multi-platform, commercial audio program (a spectrogram editor). After over 6 months on the market, I realized that the program would never just sell itself, and that I need some real marketing done for it. Being a one-man orchestra is becoming increasingly difficult; I only can devote so much time to marketing, my skills in that department are lacking, and I'd much rather spend more time coding. Despite my lackluster part-time marketing effort, I still manage to make a modest living out of the sales. My logical assumption is that with someone competent taking care of that part, revenue could greatly scale up. But what's the right way to go about doing this? What type of people/company do I need to contact? What to expect? What to look out for?"

Comments

Search Engine Marketing

[thepainguy]

Do you have a web site? Have you done any search engine marketing (SEM)? How does your product rank for the keyphrase "spectrogram editor" (assuming that really is the keyphrase)? You could do some basic, but effective SEM yourself and for very little money.

I just Googled the term and there are no relevant links, which means you could probably get a high ranking pretty easily and quickly if you put up some quality information like an FAQ.

Re:CPA

[thepainguy]

Just make sure they are doing white hat SEO and not black hat SEO. Black hat SEO will get you banned from Google.

Partners?

[mcrbids]

I was in a very similar situation about 7-8 years ago. I had a halfway decent product, and trying to be marketer, coder, salesman, and customer relationships management was just asking too much. I was struggling to make ends meet.

After attending numerous small business workshops that didn't help me at all, I attended an excellent program put on my by local city Chamber of Commerce and the "Golden State Capital Network" on how to prepare your business for Venture Capital. This gave me *exactly* the information I needed to figure out how to succeed. (And I have done quite well since then) It very literally changed my life; I was able to see exactly what a business needs to succeed and why. Although I'll summarize here, the workshop went into extreme detail and I was like a sponge, gobbling up every little morsel with zeal!

The three major planks in a business:

1) Production. Duh, right? Cost to market? Quality control? Disaster recovery? What about scale? What do you do when you get an order for 100,000 widgets?

2) Marketing. Can you sell it? What competition do you have? What is your market? How are you going to position your product against competitors? How can you prevent other companies from stealing your clients? How are you going to make your company name "stick out" in clients' minds?

3) Administration (finance & legal) How much did you make? What do you owe? What's your profit margin? What's your net/gross/adjusted gross/taxable profits? How do you minimize tax liability? Business risk? Personal risk? Are your sales contracts solid? How are you going to protect your "mojo", including your IP?

You need all three major planks Any business without all three of these planks put in solidly will almost assuredly fail. The amount of detail to consider is off the chart. They even had a simple worksheet that resulted in "likelyhood of success", with little 1-10s by every category so that you could quickly analyze your business and see its weak points. It was very, very, very humbling for me to do this, I think my fledgling business ranked somewhere around 7 on a 1-100 scale.

Very, very hard to swallow. I didn't have a bat's chance in Hades of making it a success.

But unfortunately, it was a correct assessment! Quickly I realized that there was just no way I was going to be able to keep all the points in line myself - there just weren't enough hours in the day. So I went out and looked for some good partners that I could trust to build a business with. It took me just over a year, but I found 'em and have since built a million-dollar business that's literally growing as fast as we can sustain.

After some analysis, I determined that our marketplace was too narrow for VC funding, we've instead gone more conservatively, and grown organically. The end result is that we have a heavy stream of new clients, a well-written, highly cohesive software stack, a well-defined market place, top-notch legal and accounting, excellent customer service, and "street cred" so good that our clients just RAVE about us at conventions.

So, to recap.....

1) Learn to analyze your business the way (smart) VCs do.

2) Look for the right partners.

3) Work your ass off.

4) ????!!??

5) Profit!