Here are four ways to fine-tune your cybersecurity go-to-market strategy for capitalizing on the shifting demands of today’s market.
Today’s work-from-home environment has created an abundance of opportunities for offering new cybersecurity services in addition to your existing business. With cyber attacks increasing in frequency and sophistication, business owners and managers need protection now more than ever. MSPs are ideally positioned to deliver the solutions businesses need to adapt to the current environment. In this post, we’ll briefly summarize four ways to fine-tune your cybersecurity go-to-market strategy for capitalizing on the shifting demands of today’s market.
A cybersecurity go-to-market strategy is not a one-size-fits-all proposition. Each customer has unique needs. Some operate with higher levels of remote workers than others. Some may have more sensitive data than others. And some will have lower tolerances to the financial impact of a data breach than others. So, understand the current state of your customers’ ability to adequately protect against, prevent, detect and respond to modern cyber threats, and then focus on what aspects of cybersecurity are important to them.
Today’s businesses need a cybersecurity strategy that defends against the methods and vectors of attack employed by today’s cybercriminals. This includes highly deceptive and effective tactics like ransomware, phishing and business email compromise (BEC). These methods require a layered approach, where each layer addresses a different vulnerability within the larger network topology:
For each layer, there’s a specific tactic or vector that can form the basis of an attack, as well as specific solutions that address vulnerabilities at that layer.
Pricing can make or break a managed service. Too high, and the customer is turned off. Too low, and there’s not enough perceived value. Pricing is the Goldilocks of the MSP world. It needs to be just right.
Unlike most of your other services, cybersecurity is a constantly moving target, which can make pricing a challenge. After all, a predictable service offering equates to a profitable one. The unpredictability of trying to keep your customers secure can therefore impact profitability. So, it’s imperative that you get pricing correct. Your pricing model needs to address a few things:
Assuming you’re going to be looking for new customers with this service offering (in addition to selling it to existing customers), it’s important to think about how to engage prospects. The days of cold outreach are long gone, as 90% of buyers don’t respond to cold calls3. Instead, today’s buyer is looking to establish connections with those they believe can assist their business. Social media sites have become the primary vehicle for a number of aspects of the buyer’s journey:
Build a Cybersecurity GTM Strategy That Works
The biggest challenge with bringing a cybersecurity service to market is meeting the expectations of the prospective customer. Demonstrate value from the very first touch through social media engagement and content. Meet their unique needs with comprehensive solutions that address all their security vulnerabilities. And, finally, make sure your pricing is simple, straightforward and easy to understand.
This guest blog is part of a Channel Futures sponsorship.
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