Built numerous GTM systems to support a more targeted GTM strategy that was industry-specific, allowing sales to pursue the right opportunities at the right time and drive more sustainable and predictable revenue growth
Key metrics
32% increase in year-over-year (YoY) annualized revenue
17 day reduction in deal desk's time-to-close
27% increase in forecasting accuracy
250% increase in return on investment (ROI)
Challenges
The sheer number of AWS services and diversity of customers lulled AWS into pursuing a generic, one-size-fits-all GTM approach, causing the company to lose market share to competitors offering industry-specific solutions. To reverse course, AWS needed to develop more specialized GTM motions and the tech stack to support a more data-driven approach to selling.
Solutions
Reorganized the business unit into industries, with assigned industry specialists
Built an application to identify each customer's total addressable IT spend and categorize workloads
Built an investment management system to support GTM programs
Refined funnel workflow and gap-to-goal processes to improve forecasting accuracy
Benefits
Industry-specific solutions
Moved away from horizontal, generic GTM motions and created targeted, industry-specific collateral and programs supported by data-driven insights
Alignment
Aligned teams around industries and common use cases to improve the customer experience and outcomes and enhance the performance of the sales organization
Predictable growth
More predictable growth allowed AWS to confidently reinvest in its customers and business
Transparency through systems and data
Created a more scalable and transparent process for customer investment programs, accelerating $880 million in annualized spend within one year of implementation
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Posted May 30, 2024
Built numerous GTM systems to support a more targeted GTM strategy, allowing sales to pursue the right opportunities at the right time.