IJH Ep2 Infographic.pdf
ICP GUIDE- Map out your new ideal customer
Ask the questions;
What is our ICP (Ideal Customer Profile) as of today
Why do we need to do a change
Step 1
What do we want to achieve?
Look into all important data aspects of your existing verticals/ICP. Split per vertical and segments below:
Step 2
- Win-rate
- ACV; Average Contract Value
- Value per deal; ACV * win-rate
- Growing these customers over time? Net and gross retention; are we
- Number of customers per vertical
- Total ARR per vertical
What industries have been affected by covid-19 and what industries need to adapt over the coming years that could open up business opportunities for your product/service?
Step 3
!
Redefine your verticals based on the previous steps and look into the data aspects once again. What is the full market potential? Too small, too broad or good size?
Step 4
Decide on your ICP.
Verticals + Segments + Geography
Step 5
Step 6
Get internal commitment by making sure everyone understands why and how to find and engage with them.
Align marketing & sales.
Track and follow-up on a weekly basis. Are we creating and closing deals in the right segments? Repeat, repeat, repeat.
Every company is different and the steps may vary, but
it’s always a good idea to develop from what someone else
has already done. Thank you for downloading this guide,
we hope it has helped you a few steps along the way.
You’re doing a great job - keep it up!