Staying Ahead of the Curve is About More Than Smart Marketing; Ankur Goel’s GTM Strategic Playbook Centers Around Product Innovation, Refreshed Pricing Models, and a Shift in the Customer Experience
3 min readReimagining how advanced organizations carry worth to their clients, Ankur Goel is a enterprise growth strategist and go-to-market knowledgeable who is basically altering how know-how is utilized in the actual world. As a big-picture thinker with an eye fixed for element, Ankur has noticed how know-how modified the world round him all through his adolescence, and now, he is answerable for some of the most influential actions in the know-how sector.
As the Head of Business Strategy and Operations at Confluent, a Software-as-a-Service supplier that crucial organizations equivalent to the US authorities rely upon, Ankur has been at the helm of some of the group’s largest strategic adjustments. After he was introduced into his function in 2019, he helped Confluent navigate the transition of going public and transfer from an on-premises subscription mannequin to a cloud-based hybrid mannequin. Making transformational adjustments from the inside of such an influential group takes a stage of ability that not many leaders have, however below Ankur’s steerage, Confluent is altering how the total know-how trade thinks about its product choices and service fashions.
For a few years, SaaS-focused corporations relied on subscription fashions. Sales groups would work with enterprise leaders to find out a set quantity of licenses wanted, and the shopper may then distribute these licenses as they noticed match. Now, utilization fashions are rising in reputation. Usage fashions cost based mostly on the quantity of options and the quantity of time all customers are spending working with the SaaS device. For Confluent, this shift meant altering their gross sales method, advertising techniques, and even product growth roadmaps.
With a stable enterprise growth plan in thoughts, Ankur ushered Confluent towards a utilization mannequin, enhancing the relationship the firm has with its customers at each stage and tailoring the device towards what options shoppers want the most. Making this transition is not straightforward, however after the success Confluent has seen with it, a lot of the know-how trade is transferring towards a usage-based pricing mannequin. By merging product-led gross sales and top-down enterprise gross sales into a hybrid method, Confluent and different SaaS choices are scaling quicker, having fun with greater charges of buyer retention, and fixing shopper points seamlessly.
To Ankur, understanding the way to affect and influence giant programs has been a ability he spent his entire life growing. He recollects taking a sabbatical from his consulting work at McKinsey to go to villages in India and look at how new know-how like cell telephones and the web have been altering the human expertise in some of the most distant areas in the world. This expertise opened his eyes to the energy of technological disruption and knowledgeable his choice to show to modern approaches to unravel systemic and societal issues, which he now does with Confluent.
In order to make this method work in completely different settings and industries, Ankur developed a broad strategic method that may be utilized in a selection of use instances. He recommends together with metrics that maintain gross sales leaders accountable for driving platform consumption as a substitute of promoting subscriptions. With the gross sales transition, extra sources will must be targeted on post-sales help as a substitute of pre-sales heavy operations. In order to measure progress, utilization metrics will must be tracked, analyzed, and reported on to spice up management accountability and guarantee strategic alignment. Lastly, with the hybrid method in a usage-based ecosystem, Ankur recommends specializing in the planning and execution of a considerate product roadmap.
The know-how trade has been set in its approach for many years now. In reality, many tech corporations are attempting to catch as much as the subscription pricing method. With a consumption method proving to achieve success in follow by leaders like Ankur, these transitioning to subscription fashions are already behind. Staying forward of the developments and specializing in innovation are simply two of the causes Ankur and the organizations he has labored for have at all times been forging the path forward as a substitute of getting caught following behind.