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Building Successful GTM Strategy For the US market Tae Hea Nahm | Managing Director
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AWS Partner Techshift - Building Successful GTM Strategy For the US Market (스톰벤처스 남태희 대표)

Apr 15, 2017

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Page 1: AWS Partner Techshift - Building Successful GTM Strategy For the US Market (스톰벤처스 남태희 대표)

Building Successful GTM Strategy

For the US marketTae Hea Nahm | Managing

Director

Page 2: AWS Partner Techshift - Building Successful GTM Strategy For the US Market (스톰벤처스 남태희 대표)

Tae Hea Nahm: Co-founder of Storm Ventures

Building Enterprise Leaders

Tae Hea Nahm of Storm Ventures: A Believer and a Skeptic in One

Secrets Of An Investor Who Built Two Unicorns

Page 3: AWS Partner Techshift - Building Successful GTM Strategy For the US Market (스톰벤처스 남태희 대표)

Building Enterprise Leaders

Market Leaders by

Solving the GTM

Enterprise Sector

Concentration

First/Early Investor

Repeated SuccessBuilds

Storm Brandand Platform

Financial Returns

16 years

5 funds

1 vision

Building Enterprise Leaders

Market Leaders by

Solving the GTM

Enterprise Concentration

First/Early Investor

Repeated SuccessBuilds

Storm Brandand Platform

Financial Returns

Page 4: AWS Partner Techshift - Building Successful GTM Strategy For the US Market (스톰벤처스 남태희 대표)

Marketing Sales Finance/Support

HR Eng Verticals

Lexigram

Security

Infrastructure

*

*

*

*

*

* **Exited

Storm Enterprise Concentration

Page 5: AWS Partner Techshift - Building Successful GTM Strategy For the US Market (스톰벤처스 남태희 대표)

GTM Disruption

Relationship Selling

Experienced Sales Rep

Digital GTMRepeatablePredictable

Scalable

Other Platforms

Page 6: AWS Partner Techshift - Building Successful GTM Strategy For the US Market (스톰벤처스 남태희 대표)

Want to buy

Potential Customers

ExperienceNurture CloseWant to

buy CloseProspecting(rolodex)

Pote

ntia

l Cus

tom

ers

Traditional GTM: relationship

Page 7: AWS Partner Techshift - Building Successful GTM Strategy For the US Market (스톰벤처스 남태희 대표)

Nurture CloseWant to buy Close

Scalable Predictable Repeatable

Demand Generation

CRMAccount Based Marketing

Digital GTM

Pote

ntia

l Cus

tom

ers

Plat

form

Page 8: AWS Partner Techshift - Building Successful GTM Strategy For the US Market (스톰벤처스 남태희 대표)

Nurture CloseWant to buy

Demand Generation

Potential Customers

CRM

Storm Investments in Digital GTMAccount Based

Marketing

Pote

ntia

l Cus

tom

ers

Plat

form

Page 9: AWS Partner Techshift - Building Successful GTM Strategy For the US Market (스톰벤처스 남태희 대표)

NurtureWant to buy Close

Pote

ntia

l Cus

tom

ers

Targeted Outbound: social

NameWho buy?Why buy? Pain & solutionHow contact? Social and Platforms

Platforms

Plat

form

Page 10: AWS Partner Techshift - Building Successful GTM Strategy For the US Market (스톰벤처스 남태희 대표)

NurtureWant to buy Close

Nurture Close

Name Why buy? Pain & solutionWhere to learn? Search and Platforms

Platforms

Inbound: Customer opt in

Pote

ntia

l Cus

tom

ers

Plat

form

Page 11: AWS Partner Techshift - Building Successful GTM Strategy For the US Market (스톰벤처스 남태희 대표)

NurtureWant to buy Close

Fly fishing at scalePote

ntia

l Cus

tom

ers

Marketing AutomationSend content (eBook, video) personalized for that customer

when and where the customer wants it

Name LeadsPl

atfo

rm

Page 12: AWS Partner Techshift - Building Successful GTM Strategy For the US Market (스톰벤처스 남태희 대표)

Win

Pote

ntia

l Cus

tom

ers NurtureWant to

buy CloseName Leads

Why buy from me today?

Plat

form

Page 13: AWS Partner Techshift - Building Successful GTM Strategy For the US Market (스톰벤처스 남태희 대표)

Win

CRMCustomer Records

Sales Process

Pote

ntia

l Cus

tom

ers NurtureWant to

buy CloseName Leads

Why buy from me today?Repeatable sales process • Same Who Buy? Why Buy? • How Sell? (Playbook, Customer org)Predictable GTM model• Win rate and average sales cycle• Pipeline• Sales quota (billings/rep-month)Pl

atfo

rm

Page 14: AWS Partner Techshift - Building Successful GTM Strategy For the US Market (스톰벤처스 남태희 대표)

Win

CRMCustomer Records

Sales Process

Pote

ntia

l Cus

tom

ers NurtureWant to

buy CloseName Leads

Who buy?Why buy? Pain & solution

Why buy from me today?Repeatable sales process • Same Who Buy? Why Buy? • How Sell? (Playbook, Customer org)Predictable GTM model• Win rate and average sales cycle• Pipeline• Sales quota (billings/rep-month)Pl

atfo

rm

Page 15: AWS Partner Techshift - Building Successful GTM Strategy For the US Market (스톰벤처스 남태희 대표)

Sales(Repeatable Close; win

rate)Marketing

(Lots of qualified leads) Customer Success(Happy Customers;

NPS)

Who Buy? Target Profile ・ Champion・ Approvals?• Active User Title• Budget holder title

Why Buy? Pain and Solution • Wow• Counter competition

• Describe and Discuss Pain and Solution

• Reporting Metric• Favorite screen

How Sell? Where buyers learn about thePain and Solution

• Reference• Easy for the customer

• Public references, case study• Referrals

Fundamental GTM Blocks

Page 16: AWS Partner Techshift - Building Successful GTM Strategy For the US Market (스톰벤처스 남태희 대표)

Sales(Repeatable Close; win

rate)Marketing

(Lots of qualified leads) Customer Success

(Happy Customers; NPS)

Who Buy? Target Profile ・ Champion・ Approvals?• Active User Title• Budget holder title

Why Buy? Pain and Solution • Wow• Counter competition

• Describe and Discuss Pain and Solution

• Reporting Metric• Favorite screen

How Sell? Where buyers learn about thePain and Solution

• Reference• Easy for the customer

• Public references, case study• Referrals

Aligning all the GTM Blocks with the Wave

Awareness UrgencyThe Wave

Page 17: AWS Partner Techshift - Building Successful GTM Strategy For the US Market (스톰벤처스 남태희 대표)

Surfing GTM

Repeatable Close

Happy Customers

Wave

Lots of Leads

Page 18: AWS Partner Techshift - Building Successful GTM Strategy For the US Market (스톰벤처스 남태희 대표)

How AWS helps our GTM?

Page 19: AWS Partner Techshift - Building Successful GTM Strategy For the US Market (스톰벤처스 남태희 대표)

Why does MobileIron use AWS?

Attribute Benefit

Cost effective & fast go-to market

No data center buildout; no machines to buy; pay Amazon as you growRespect data sovereignty by choosing in-country AWS regionsMultiple zones per region for high availability, while keeping data locallyScalable deployment model allows us to grow with customers

Inherit security features from AWS

Physical & logical access controls protect infrastructureEasily enabled data at rest encryption protects customer data stored in AWSCountry-specific certifications provide confidence for non-US customersPre-certified infrastructure speeds MobileIron’s certification process

AWS Certifications

Page 20: AWS Partner Techshift - Building Successful GTM Strategy For the US Market (스톰벤처스 남태희 대표)

Why does MobileIron use AWS?

• Thousands of MobileIron (MI) Cloud Tenants hosted in multiple AWS Regions• Leverages AWS global infrastructure

– MobileIron hosts MI Cloud in multiple AWS Regions (or locations) around the world– MobileIron Site Reliability Engineering Team manages MobileIron Cloud from US and India

• Leverages AWS services– MobileIron creates AWS templates for simplified deployment model– AWS Server Snapshots provide easy roll back– Amazon DNS simplifies DNS updates

AWS Regions:

MI Cloud ✓ ✓ ✓ ✓MI Cloud (FedRAMP Compliant) for US Federal customers ✓

MI Access ✓ ✓

FedRAMP Moderate

Page 21: AWS Partner Techshift - Building Successful GTM Strategy For the US Market (스톰벤처스 남태희 대표)

Smaller Storm Ventures US Startup - Tech Stack

Non AWS Tech StackTime Centric Database

Communication Tools AWS Tech StackCloudFormation

LambadaAPI Gateways

Kinesis StreamsS2 BucketsIAM Roles

AWS Cloud

RedshiftPostgresLogstashCredstash

Data Pipeline serversElastic Map Reduce

Page 22: AWS Partner Techshift - Building Successful GTM Strategy For the US Market (스톰벤처스 남태희 대표)

How AWS helps GTM?

• Rapid Innovation

• Customer Acceptance– Data sovereignty– Security– Scalability– Integration

• Lowest Cost Long Term

• AWS Marketplace

• US M/A and partnering

Page 23: AWS Partner Techshift - Building Successful GTM Strategy For the US Market (스톰벤처스 남태희 대표)

Building Enterprise Leaders

Market Leaders by

Solving the GTM

Enterprise Sector

Concentration

First/Early Investor

Repeated SuccessBuilds

Storm Brandand Platform

Financial Returns

Korean SaaSRight tech stack (AWS)

5+ US customers (small $ ok)

Early Digital GTM (website)CEO frequent USA

Building Enterprise Leaders

Market Leaders by

Solving the GTM

First/Early Investor

Repeated SuccessBuilds

Storm Brandand Platform

Financial Returns

Enterprise Concentration