Marketing Advice for a niche service

I forgot to mention, that before any work is done we not only assess the business but also their business plan and forecast. We do a full assessment of the business and our own checks, as it is a risk for us, but at the end it does pay off. If a client doesn't pass the assessment, then we can offer them alternative such as a legal contract or payment upfront but again work with the client.
 
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1. The system is hooked directly into the CRM therefore all payments are sent/received and monitored directly from the payment gateway.

Even more confused now. Firstly it was CRM with add ons, then it was fully bespoke software and now it's back to being CRM based again.

And I don't understand the payment system either.

Please can you confirm all payments due on a £20k system?

Are you looking to host the apps yourself?
 
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Nick, That was a general term. Most businesses do want a CRM developed and at the moment I am not sure what you are after. Any businesses who want a CRM are generally a bespoke software development as the current CRM that we have prewritten is used specifically for the Credit Industry.

If you think of a typical company, they have customers coming in, they need to either sell a product or sell a service. This would come under a CRM remit and would cover over 60% of businesses requirements.

A bespoke development can be anything, including a CRM and until I know what you are after I cannot give you a definite price.

If it is based on our business model, a paying customer, then we have pricing available for this on our website and I can quote this. However, what you are saying is very vague so is hard to spec out. We could either base it on Paying Customers, we could base it on Active Customers (how many use the site on a monthly basis), or we could base it on the development cost over a time period.

We need to know more about what you require so that we can spec it out correctly, at the moment its very vague so its almost like your saying I want to buy a length of rope without knowing the length of it.

If you can let me know what the system(s) would be used for and a little bit about what your trying to achieve then I will break you down a proper costing.

Also, I am a little confused to where you have got this £20,000 from?? How have you got this pricing and how can you say a development is in that price bracket. I presume you have been quoted for something so I would need to see this. Once I have this, we will be able to get a better price, but again is totally dependant on what you want.

Lee
 
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So you build expensive software but accept instalments?

You will attract dreamers with big ideas and no cash, who risk your time and skills then will realise woops not working as hoped and your payments stop.

Makes no sense to me at all.

Sorry i only read the first couple of posts then skipped to the end

It is like you are offering expensive cars on finance with no deposit, at least when those customers default you go and get the car and sell it again they pay a healthy deposit and a high rate of interest

Your custom software will be useless if it is as bespoke as you suggest.
 
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Ok, on the b2c side we are looking at an domestic energy switching site, similar to uswitch.com

I'm sure that you can see how it works, essential the customer enters their postcode, usage information and the system looks up the prices in the various supplier price books and arranges the results in price order. Each price links out to the suppliers website and includes various information via the url.

The customers don't pay anything as it's free, the suppliers pay us, but not via the website.

In the background, database stores all data, subject to confirmation by the customer.

Database should be sql server, language can be asp/php/other.

We will host database and website and require full access to all code to allow integration and SEO, etc.
 
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If I am understanding this correctly, you take the development cost of a system and spread it over a number of years, with no contract. You then hope that the customer sticks with you for enough time that your initial investment in development pays off. My problem with that model, is that if you get it wrong and enough clients don't stick with you for long enough, you could loose a huge amount of money very fast, which would then put at risk the systems that you developed for many of your customers. If you were to go out of business, would I have access to the source code and full documentation, which would allow me to switch the development to other people.
 
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So you build expensive software but accept instalments?

You will attract dreamers with big ideas and no cash, who risk your time and skills then will realise woops not working as hoped and your payments stop.

Makes no sense to me at all.

Sorry i only read the first couple of posts then skipped to the end

It is like you are offering expensive cars on finance with no deposit, at least when those customers default you go and get the car and sell it again they pay a healthy deposit and a high rate of interest

Your custom software will be useless if it is as bespoke as you suggest.

Every client that we take on we assess. During the assessment period, we ask to see years cashflow, current status of business (Trading years, Companies house etc). To be able to write software for a company we like to understand the business, and many customers go through the books on a daily/monthly basis etc. If our risk team are happy with everything then we open an account for the client and then follow the process through.

We are aware of dreamers and this is why we put this assessment process into place. At the end of the day, we are the ones taking the risk and being doing this we minimise the risk.

In terms of building software, we build in modules. We build in this way as each module can be used on multiple projects if a client requires a similar functionality. So if a customer does decide to leave then this is not a problem for us as the modules built can be reused on other projects so nothing lost.

For example, if we build an online payment system, then this would be a module could be used in other projects that require similar functionality.

Lee
 
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Ok, on the b2c side we are looking at an domestic energy switching site, similar to

I'm sure that you can see how it works, essential the customer enters their postcode, usage information and the system looks up the prices in the various supplier price books and arranges the results in price order. Each price links out to the suppliers website and includes various information via the url.

The customers don't pay anything as it's free, the suppliers pay us, but not via the website.

In the background, database stores all data, subject to confirmation by the customer.

Database should be sql server, language can be asp/php/other.

We will host database and website and require full access to all code to allow integration and SEO, etc.

I am not sure if you are aware but these sites work with something called an API (Application Programming Interface). If you take comparethemarket for instance, the site brings up the quotes when a customer clicks through to the site and signs up for a deal, then this triggers a API signal back to the site to say that the customer has paid. Therefore, the site that has sent the customer over is fully aware of the transaction.

This is why you will get a meercat sent to you, as the system is automated. You don't think they go sending data files manually do you??

Anyway, so in this case it would work on a Cost Per Customer Basis rather then a revenue basis.

With regards to technology we use SQL Server, PHP,ASP etc so this is not a problem.

So the quote would be £100pm per site. This would allow you to deal with 100 transactions on each site.

Lee
 
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If I am understanding this correctly, you take the development cost of a system and spread it over a number of years, with no contract. You then hope that the customer sticks with you for enough time that your initial investment in development pays off. My problem with that model, is that if you get it wrong and enough clients don't stick with you for long enough, you could loose a huge amount of money very fast, which would then put at risk the systems that you developed for many of your customers. If you were to go out of business, would I have access to the source code and full documentation, which would allow me to switch the development to other people.

In response to this, yes we do in away but depends whether the client wants to own the code or not. With regards to customers sticking around, we initially assess any business that we take on to ensure that they are going to be a long stander. We then have a number of systems in place to ensure that the client not only grows but benefits from the systems. With every client we have worked with we have made them more profitable then when they originally signed up with us and some of which are long standers.

We take customer concerns very seriously and already have in place a contract that covers the client in the eventuality of our business failing. If this occurs, which it won't, then our clients gain complete access and own the code that we have written for them.

We take a very keen interest in the businesses that we work with and with our monthly visits ensure that the clients are fully catered for and monitored to ensure that they will grow.

Each client also has their own Business Consultant that they can call if they require help and support within their business.

Lee
 
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I am not sure if you are aware but these sites work with something called an API (Application Programming Interface). If you take comparethemarket for instance, the site brings up the quotes when a customer clicks through to the site and signs up for a deal, then this triggers a API signal back to the site to say that the customer has paid. Therefore, the site that has sent the customer over is fully aware of the transaction.

This is why you will get a meercat sent to you, as the system is automated. You don't think they go sending data files manually do you??

Anyway, so in this case it would work on a Cost Per Customer Basis rather then a revenue basis.

With regards to technology we use SQL Server, PHP,ASP etc so this is not a problem.

So the quote would be £100pm per site. This would allow you to deal with 100 transactions on each site.

Lee

Lee

I know what an API is, and I know that this is not how the comparison sites work.

I also know that when a customer signs up for a deal this is not a sale as about 15% will cancel or be rejected. I also know that the customers don't pay.

The systems may be automated at the meercat end, but they are not dynamically linked to the suppliers are you are suggesting. Manual reports exist, I've seen them.

If we expect more than 100 customers per month, what is the cost per customer.

Also you didn't answer about the hosting and access to the code.
 
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Hi Nick,

In this case we could work things slightly different.

We could work on a charge of every 250 referrals would be £100. This would cover the ones that don't go through as a sale.

With regard to hosting and access to the code, we host the software ourselves in a data centre and unfortunately there is no access to code. Saying, this we offer unlimited development during the course of your subscription so we can add any extra bits as and when you require them.

Lee
 
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With regard to hosting and access to the code, we host the software ourselves in a data centre and unfortunately there is no access to code.

We would need to host it and have full access.

The way you describe your service it reads like you see yourselves a partner, not a provider. Is this what you're looking for?

Can you provide links to completed projects?
 
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Hi Nick,

The systems we provide are at business level so showing you links is not that easy. You can see one of the projects that we have release and also resell on in-tegrate.co.uk

This is a CRM based on the credit industry and is used by a few of our clients. You can see some screenshots on the website.

With regards to having full access the only way we could do this, is if you purchase the system out right. I am sure you can understand, but giving clients direct access to the system at £100pm it would not be feasible to release the software in full control of the client, otherwise we would get one payment of £100 and then the client never returns.

If you are looking to buy the system outright, I can breakdown a cost for you but we will need to have confirmation that this amount could be paid by yourself? We don't offer credit so cant offer you any sort of credit, but you could arrange finance with another company and purchase it this way.

Other then that, I am afraid we cannot help you in these circumstances and wish you the best of luck in your venture.

Lee
 
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If a client wants to buy the software over a 10 year period then they can do, but during this period they are getting free software development, upgrades, web design as well as business support. So the software that they have now won't be the same in 10 years as it will evolve and change with the times. Its not like you are buying Microsoft Office 2007 over 10 years and end up with the same product in 10 years time.

Also there is no contract.

Our main service is Subscription based software, but in the event a customer wants to buy we offer many options to enable this including of doing a rent to buy over 2,5,7 or 10 years depending how much the client wants to pay.

Lee
 
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Hello Lee.


Ok, well you are not the first, Google Custom Software as a Service, which is what yours is. So, I am not sure why it was called something that does not use a derivative of a well-used and understood term.

I checked out your site:

· The cheesy group photo needs to go, doesn’t work because it doesn’t mean anything, doesn’t convey anything, just looks like a diamonds heist; the heist went well, but not the diamonds part.

· The world’s first etc, etc, irrelevant self-promotion, you are not important, your customers are. This is where your UVP goes, do you have one?

· Scrolling down I come to Bespoke Software, Save £££’s, and 90 Day Free Trial. What is the problem you seek to alleviate? For what reason would someone want bespoke software? There is no mention of this at all, for you have assumed that they come to your site already knowing they need bespoke software. When and why do people need software, this is the first thing, then when and why do people need custom software. Third, why do people not go for custom software.

· “Cost is no longer an object!” this can be phrased better.

· I continued scrolling down your site, you, you, you. This needs serious work on. I am also struggling to see benefits, just features. You think that as you offer the 90 days with no credit card people will bite, as once they see how great everything goes, they will be customers, what data is this based on?

But there is no incentive at all to waste one’s time with the 90 day trial as you are not speaking to your audience clearly at all. It’s not the trial, it’s not the price, it’s the alleviation of problem, of value that will get you your customers. You know this which is why you offer the 90 day trial, but value has to be shown in order to even get them interested in the trial.

· The SEO and all that stuff, should not take so much billing, focus and refine the core message for the core business for the core customers

· From the text on the bottom about a full-featured CRM ready to go, that can then be customised, tailored, extended; I can’t recollect a CRM company that does this in the UK, although I know a UK company that does a full ERP system, base model, customized, tailored and extended to suit, so another reason to cut out we are the world’s first.

· By the way what analytics are on the site?



Facebook and social media is a slow process, as a B2B one has to put serious time and effort into it, and in most cases for clients who want quick figures, it is low down on the list, for it is a slow-burner.



Google Adwords & Bing: not enough data, maybe your ads are enticing but the landing page has issues, maybe your settings are not honed in enough on the buyers, maybe you targeted SME and said get a custom software solution, etc, etc.



You’ve got a client, congratulations, always a serious buzz when you get the first one, or one who pays a tidy sum. Talk to them, why did they choose you, what value have you brought to them, what problems did you alleviate (generalised and core), etc.



Your stage 1 could be problematic and a serious bottleneck down the line, not to mention how many trials can you give out, 60 days to build it, 30 days to refine and then they say no. I would say you need your sales funnel sorting out, friction, leakage, automate, make something once use again and again to take out the manual labour involved as much as possible, lack of incentivisation, lack of collecting emails, your CTA at the bottom of the page is absolutely appalling, I could go on, but too much analysis can come across as a tad offensive.



You need some starting points, that point is the problem. What is the problem? The fact is the problem is too big, to narrow down in anyway other than generic terms which become too abstract and lack the insight needed to be conveyed to the target audience, in order for them to think, damn this guy knows what I am going through.



So the choice is either provide more information on the generic stance, or from the generic stance hone in on certain problems, could be the low hanging fruit, could be the company who is paying you 54k pa, etc.



I would say you need to hone in on certain sections of the target audience for initial traction and growth, or specific pages and landing pages for specific target audience. You cater to everybody, you fill nobody. Once you get traction, you can then extend into obvious business areas. Which means you need to do some market research, who in the market uses out-of-the-box one size fits all, etc, etc, who are not happy with it, who need more from it? They are your audience. No point saying we are for SME, doesn’t actually mean anything as it is too big too vast, so you just end up talking in a way that people think, this company lacks insight into my problem.



The other thing is, time and again, I come across situations where a target audience doesn’t even know it has a problem, or thinks the problem isn’t that bad, or they have got accustomed to putting up with the problem and see it as par for the course. Frankly, you need to start from the beginning, anything else is just putting things onto a foundation that may well be incorrect. Stop trying to be everything to everyone, you may say no you are not, I would say from the language on the site, that yes you are. However don’t take my word for it, based on experience and instinct just gives a bit of weight to one’s words, and don’t count for Jack in the face of data, so you need to collect data.



I would also say, that thankfully you do see you are biased; that has come in the way of the message, the brand position, the target audience honing in on, lack of validation on many things, etc, etc.



My strongest recommendation is as already mentioned, start from the top, find segments within the audience that have the greatest problems with out of the box, these are your first customers; find out why you need to exist in your customers eyes, the data, at least what you have shared shows what is currently in place is not working. However you will also need to take into account you need money coming in, so you will need to find someone how can extrapolate and correlate multiple threads and is fluid in terms of creating what will bring money in, in the short term, and yet also sort out everything from the foundations up.



You also need to sort out some target personas, I would assume that with the SME you are targeting there will be a few employees, some that have greater insight into the problem than others, and yet the one who has the greatest insight, may not be the one who authorises financial expenditure. Mate, there are so many areas you need to cover, and my post itself lacks structure in terms of how to approach it, hahah.



Personally I think your actual business is needed, there are only a few CSaaS that I know of, but your marketing seems to have no strategy, no objectivity, no plan, and is just a bit of this, and a bit of that.



My regards, Ace.
 
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