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Ask HN: How important is choosing a target market?

3 pointsby mijustinalmost 8 years ago
I was reviewing an interview with Nathan Barry, the founder of ConvertKit. He took his SaaS from $5,000 in MRR to $700,000 in MRR.<p>He says a major reason for the turnaround was positioning.<p>Here&#x27;s the interview: https:&#x2F;&#x2F;www.youtube.com&#x2F;watch?v=cVNYcj5HkLA<p>Basically, changing his customer focus from &quot;Email marketing for anyone unhappy with MailChimp&quot; to &quot;Email marketing for professional bloggers&quot; is when his product really got traction.<p>Here are his Baremetrics stats: https:&#x2F;&#x2F;convertkit.baremetrics.com&#x2F;<p>Have any of you experienced something similar? Did changing your positioning improve growth?

2 comments

stanleydrewalmost 8 years ago
I&#x27;m not an expert, but seems like positioning is important for any kind of commodity product. And at this point email marketing tools are definitely a commodity product.<p>Whether positioning is critical to selling your product requires a little insight into the product and the market it&#x27;s in.
nnn1234almost 8 years ago
Call it target marketing or a better customer profile. Finding people willing to pay more always helps