How Nextyn’s B2B Survey Uncovered Market Gaps & Optimized Product Positioning for a SaaS Leader
Executive Summary
A growing SaaS company wanted to launch a new product feature but lacked clear competitive insights on:
- Customer needs and pain points with existing SaaS solutions.
- Key differentiators that would make the feature stand out.
- Pricing and packaging strategies to maximize customer acquisition.
To validate demand and refine its go-to-market strategy, the company partnered with Nextyn’s Research & Consulting team. Over a three-month engagement, Nextyn executed:
- B2B surveys with enterprise clients & decision-makers to assess feature demand.
- Competitive benchmarking to analyze rival SaaS offerings.
- Pricing analysis to identify the optimal monetization model.
- Strategic recommendations for product positioning & feature prioritization.
Outcome: The SaaS company successfully launched a high-demand feature, increasing customer acquisition by 30%.
Client Profile & Challenges
Client Profile:
- Industry: SaaS & Enterprise Technology
- Project Focus: Competitive Landscape Survey & Product Strategy Validation
- Target Audience: Enterprise customers, IT decision-makers, CIOs, and CTOs
Challenges Faced by the SaaS Company:
- Unclear Competitive Differentiation: The company lacked data on how its competitors positioned similar features.
- Limited Insights on Customer Pain Points: Decision-makers were hesitant to switch solutions without clear added value.
- Pricing & Packaging Uncertainty: The firm was unsure whether to bundle the feature as a premium add-on or include it in standard pricing.
- Risk of Investing in a Feature with Low Demand: Without market validation, the company risked a misaligned product launch.
Without data-driven survey insights, the SaaS company risked launching an ineffective feature, failing to attract customers, and losing its competitive edge.
Nextyn’s Solution
B2B Survey Deployment to Target Decision-Makers
Nextyn designed and executed a survey campaign targeting:
- Enterprise customers currently using competitor solutions.
- Existing customers to assess interest in the new feature.
- IT managers & C-level executives responsible for software procurement.
The survey covered:
- Pain points with current SaaS tools.
- Willingness to switch if the new feature was available.
- Preferred pricing models & willingness-to-pay (WTP).
Competitive Benchmarking & Market Positioning Analysis
- Analyzed key competitors’ pricing structures, feature sets, and customer satisfaction levels.
- Assessed gaps in competitor offerings to identify a unique value proposition (UVP).
- Provided insights on positioning against SaaS giants & emerging disruptors.
Pricing Model Optimization & Feature Monetization Strategy
- Conducted A/B testing of pricing tiers using survey responses.
- Analyzed WTP for freemium vs. premium feature bundling.
- Recommended a dynamic pricing strategy for different customer segments.
Go-to-Market & Product Messaging Recommendations
- Crafted tailored marketing messages highlighting how the feature solved real enterprise challenges.
- Developed a targeted outreach campaign for high-intent buyers.
- Suggested sales enablement tools to support customer onboarding.
Impact & Results
- 30% Increase in Customer Acquisition: The company launched a feature that directly addressed user pain points.
- Optimized Pricing Model for Maximum ROI: Survey insights ensured profitable feature monetization.
- Stronger Competitive Positioning: The SaaS firm successfully differentiated itself from market leaders.
- Improved Product Messaging & Sales Enablement: Data-backed positioning enhanced conversion rates.
By leveraging Nextyn’s B2B survey expertise & competitive intelligence, the SaaS company successfully launched a customer-driven feature with a strong market fit.
Why Nextyn?
- Expertise in B2B SaaS Market Research & Competitive Analysis
- Ability to Execute Targeted Enterprise Surveys & Customer Sentiment Analysis
- Data-Driven Pricing & Monetization Strategy Development
- Proven Success in SaaS Product Positioning & Market Entry Consulting