August 18, 2024

Market Mapping for Results: How we helped a cybersecurity firm grow

This is how we helped a cybersecurity client expand their market reach using our 'Precision Hook Method.' In this case study, we break down the strategy, results, and how it can apply to other B2B service companies.
5 Min Read - Written by Marcus Ruud
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How We Helped a Cybersecurity Firm Find and Expand Their Target Market Using Our ‘Precision Hook Method’

When one of our cybersecurity clients approached us, they were facing a common challenge that many service-based B2B companies encounter:

How do I pinpoint and engage the right target market for my business?

While they knew their services were valuable, identifying and capturing the attention of the right prospects was proving to be difficult.

This is a challenge we’ve seen across multiple industries, from cybersecurity to web development and accounting.

This is where we came in with a market expansion strategy designed to throw out targeted "hooks" into different segments, allowing us to discover where their real opportunities lay.

This flexible approach has proven effective across the board, and in this case study, we’ll show how it worked for one of our cybersecurity clients.

The Challenge They Faced in Pinpointing Their Target Market

The cybersecurity landscape is saturated with competition, making it critical for companies to focus their resources on the right market segments.

Our client struggled to clearly identify which part of the market to target first and how to engage key decision-makers.

Without a clear path, their marketing and sales efforts were spread too thin across a variety of potential markets, leading to mixed results.


The Strategy We Used to Help Them Find the Right Market Fit

We began with a market-testing approach we've used successfully across multiple industries:

Casting small "hooks" into different parts of the market to see where interest and traction developed.

These hooks took the form of tailored email outreach campaigns and market-mapping techniques that tested various industry segments, company roles and prospect types.

Through this process, we were able to gather insights about which segments were more likely to engage, what types of messaging resonated, and where the client could focus their resources for the highest return.

The beauty of this approach is that it’s data-driven, which means we can quickly identify where there’s potential without wasting resources on ineffective tactics.

The Results We Delivered in Just Three Months

Over the course of three months, we helped our cybersecurity client secure 8 important meetings with key decision-makers in target market segments that had previously been out of reach.

Not only did we generate a higher number of qualified leads, but we also provided the client with invaluable market insights that allowed them to refine their future outreach efforts.

Through our market-mapping and precision hook strategy, the client was able to:

  • Engage with over 25 new decision-makers
  • Refine their market targeting for more focused future efforts
  • Identify key areas of interest within their industry


This newfound clarity allowed them to approach their market with more confidence, making their outreach efforts more efficient and impactful.

How This Applies to Other B2B Service Companies

The strategy we used for our cybersecurity client isn’t limited to just one industry—it’s highly adaptable to any B2B service-based company.

Whether you’re working in web development, accounting, real estate, or any other service sector, the "precision hook" approach allows you to throw out feelers in multiple segments of your market, gather real-time feedback, and pivot to the areas that show the most promise.

By focusing on market testing, data-driven insights, and quick adaptability, companies can maximize their outreach efforts while minimizing wasted time and resources.

This strategy is particularly effective in competitive industries where pinpointing the right audience is crucial to business growth.

Conclusion

If you’re a B2B service company looking to refine your market approach, our market expansion strategy could be the solution you need.

By identifying the segments that hold the most potential and focusing your efforts there, you can significantly increase your chances of success.

Interested in learning more? Reach out today to see how we can help you map out your target market and start securing the meetings that matter.


Ready to close more deals?

All the A’s for your q’s.

Why work with a lead generation company?

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Working with a lead generation firm can yield substantial advantages. A primary benefit is that it enables businesses to concentrate on their core competency as their lead generation partner takes care of filling up the pipeline.

Additionally, utilizing a lead generation firm may prove more economically efficient over time, considering the the resources and trial & error required to build an proficient inhouse team.

How do you make sure the appointments are qualified?

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Our research team use several tools to verify email addresses, names, positions, and other important data. Prior to the prospect scheduling a call we’re able to survey and qualify them following your criteria.

How many appointments can I expect per month?

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This varies on the size of your target market and thereby how many emails we can send per month. The average we are seeing is between 20-50+ new appointments per month.

How much do your services cost?
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Most of our fee is based on performance, meaning we make money when you make (a lot more) money. Because our services are tailored to every client, we can give you exact quote and implementation timeline after having a no-commitment call.

How quickly can i expect results?
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The time from launch until you close the first deals varies on your industry, deal size and average sales cycle. We guarantee appointments with relevant people, not instant deals.

However, our clients tend to see positive replies and appointments within just 2-3 weeks of onboarding with us.

Where do you get the prospects information?
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Our teams utilize a range of tools for lead research that offer reliable information in a lawful manner. They also seek out lead emails from open sources, ensuring these are verified and rigorously cross-checked afterwards.

Does this risk our domain?
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No, We won’t be using your main domain to utilize our outreach strategies when it comes to Email.

Does your outreach strategy harm our brand image?
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No, If anything, credibility and awareness actually gets increased significantly.

Why What if we get too many sales meetings?
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Initially, you have the freedom to decide the number of sales meetings you wish to attend monthly. If you exceed the meetings agreed upon in your original contract, we'll offer you a favorable deal for those additional meetings.

Otherwise, we'll postpone the excess meetings and reschedule them for the following month, keeping within the terms of our contract.

Whose name are you using while outreaching prospects?
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We establish trust with prospects by utilizing the names of your top sales reps and your company branding to maintain consistent communication throughout the process. The trust is reinforced when the sales rep's name remains unchanged throughout the entire engagement