Académique Documents
Professionnel Documents
Culture Documents
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 2
Table of Contents
Chapter 3
Design your Lead Nurturing Program
• Flywheel: Engage
• 5 Steps to Setting Up a Lead Nurturing Campaign
Chapter 4
Automate Your Sales Processes
• Prospecting
○ Templates & Scheduling
○ Meetings
○ Pipeline Management & Transparency
○ Reporting
○ Proposals
Chapter 5
Establish top-tier support & delight customers
• Flywheel: Delight
• Develop Your Global Customer Success Team & Process
○ Build Your Customer Success Team
○ Establish Metrics & Processes
○ Organized Support Services
○ Measure Satisfaction
• Create a Self-Service Platform
Conclusion
Action Steps
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 3
Introduction
India’s technology scene
is exploding.
A country that was initially known as an outsourcing destination primarily
for US and European companies is now set to become the next Silicon
Valley of Asia — with local tech startups having raised $14.5 Bn from over
800 investors in 2019.
Many of these startups (especially those within B2B) have the US and
Europe as their core business markets. Building products in India first
provides a competitive advantage over the rest of the world. You can build,
iterate and test product-market fit at a much lower cost here, and get the
initial revenue you need before moving on to a global stage.
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 4
So how do you increase your chances for success? This guide will help you
address the key challenges of global expansion for Indian tech companies,
and provide a playbook for effectively planning and executing your
expansion strategy.
One of the most common stigmas is that Indian brands are not trustworthy.
Data from 2018 indicates that only 23% of American companies said that
they trust Indian companies. This doesn’t mean you need to disguise
yourself as a brand from another country — it just means you’re going to
need to work extra hard to secure the buyer’s trust.
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 5
This along with the
lack of B2B marketing
experience that their
agency counterparts in
the West might have
hinders sustainable lead
generation and lead
nurturing.
6
2. Lack of Investment in Marketing and Branding
Indian companies that have found success with their brand domestically
may use the same approach when targeting the international market. It’s
here that these brands learn that what might have worked domestically
in terms of design, messaging and endorsements doesn’t work with an
international audience.
It’s crucial when attempting to grow into the international marketplace that
you don’t view it as an extension of your domestic marketing approach, and
instead focus on doing what appeals to those new markets.
7
3. Poor Customer Experience
Client ‘churn’ is a serious problem for many Indian businesses and if not
fixed, will cost you more money in acquiring new business as well as affect
your brand perception in the long run. Customer service from companies
in the US and Europe are now so good that any international clients you
find will have very high expectations. But many Indian businesses are
accustomed to hiring cheap labor instead of a few quality hires, which can
make or break the experiences your customers have with you.
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 8
The Flywheel Model
as a Playbook for
Global Expansion
Then = Funnel Now = Flywheel
Customers as an afterthough Customers at the center
Marketing
Sales
Customers
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 9
“Flywheel models have a simple beauty about them. The entire
company is focused on the same thing: building the momentum in one
main customer acquisition mechanism.”
- Tomasz Tunguz, Managing Director at Redpoint Ventures
With the flywheel, you use the momentum of your happy customers
at all stages of your marketing and sales process to drive referrals and
repeat sales. When all of your teams are aligned around the inbound
methodology of the flywheel, you can provide a more holistic, delightful
experience to anyone who interacts with your business.
This is our ideal scenario for any business and it’s worked well for many of
our customers. That’s why we’ll be using this methodology in this business
expansion guide.
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 10
1. Understanding
your business
& market
One of the key challenges of expanding globally is understanding and
prioritizing the key markets to go after. Getting traffic and leads from certain
markets doesn’t mean they’re prime targets for global expansion. Many
Indian startups end up taking more than they can handle and, eventually,
pull out of the markets they tried to enter.
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 11
SWOT Analysis
Your SWOT analysis can change depending on the market you’re choosing
to enter. As internal factors, Strengths and Weaknesses will usually stay
the same. But Opportunities and Threats will change depending on the
situation in the target market.
12
United States
Positive Negative
Lack of branding
Internal
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 13
United Kingdom
Positive Negative
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 14
Porter’s Five Forces Analysis
Again, taking the example of the Indian SaaS company, here’s what it could
look like for the UK market:
Threat Threat
Supplier Buyer Competitive
of New of Sub-
Power Power Rivalry
Entrants stitution
How difficult it is for new How likely can your How much a supplier How much buyers can How intense competitive
players to enter the products/services be can affect your opera- influence your product/- rivalry is in the market
market substituted by others tions service
Other services are
GDPR compliance Other services have Internally lacking Competitors are offering free trials
more exposure and competent English expensive
Unable to apply for reviews customer support Other services are
local grants or loans team A growing market being aggressive on
Other services offer with few competitors AdWords
free trials
Competitors have
native-English
speaking sales
and marketing teams
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 15
Consider Legal Compliance & Ethics
Recently, more and more countries are concerned with protecting users’
privacy and regulating content within sensitive industries. While some laws
may not be enforced as strictly as others, as an Indian company looking to
expand globally, it is best to stay compliant to avoid potentially facing fines
and lawsuits from clients in the future.
Privacy Laws
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 16
Privacy Laws
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 17
Industry-Specific Considerations
While the above laws are applicable to most industries, some countries
or regions have additional restrictions in place for sensitive industries. For
example, GDPR considers data related to healthcare to be ‘sensitive’ and
can only be processed under certain conditions.
After conducting a detailed analysis of your target markets, the next step is
to identify the right markets to go after. Below is a sample matrix you can
use to prioritize:
Product/
Market Fit
TAM (do we have a
(How big is the set of successful
Developed/ market Ease of doing customers Competitive
Region Emerging opportunity) business in the region) Rivalry Decision
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 18
2. Develop Your
Lead Generation
Tactics
“Our favourite feature, I would say, is collecting emails on our blog
and content marketing pieces. A couple of months using HubSpot and
our email lists have grown quite a bit, so a lot of outbound and sales is
happening with us.”
- Arun Augustine, CEO at CornerCart
Once you have a better idea of your own company and where you can
potentially expand to, it’s time to consider how to constantly generate a
stream of good leads within your target market. When you attract the right
audience, you’ll inevitably get leads that are more likely to convert and easier
to retain — saving your team both time and effort in nurturing each lead.
But what does it take to attract the right audience? It’s all about providing
value before asking for anything back. A lot of this comes down to
understanding your audience, reaching them where they are and sending
them the messages that resonate with their needs.
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 19
Flywheel: Attract
Attracting is about using your
expertise to create content and
conversations that start meaningful
relationships with the right
people.
Understand what
your customers
want with Buyer
Personas
Communication shouldn’t be based primarily on gut feeling when
you’re trying to reach an audience with a different culture and style of
communication from your own. It’s best to do it with proper research.
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 20
“In today’s business ecosystem, you’re
required to control the narrative of
how people perceive you or the
kinds of touchpoints you create with
your prospects, your customers, your
evangelists, and your stakeholders.
It makes your customers feel that
they are smart because of the kind of
communication you are putting out there.”
To create your buyer persona profiles, you’ll need to collect data from real
people and generate what your ideal customer could look like. These are
the 3 main tools used in the process:
Surveys
These should contain questions related to demographics,
your product or service, business, competitors, industry, and
your brand.
Focus Groups
With focus groups, you can ask open-ended and get deep into
the details of why your target audience feels the way they do.
Persona Documents
Bring together all the information you’ve collected and create
a character for your target audience.
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 22
Sample Buyer Persona
Buyer persona documents can come in all shapes and sizes, depending on
what your company or team needs to know. But this is generally what the
document should look like:
TBC
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 23
Create a Lead Generation
Strategy for Your Target Audience
“Great marketers are matchmakers. We find ways to get offerings
people love in front of the people most likely to love them.”
- April Dunford (@aprildunford)
Once you identify the right persona for these global markets, the next
step is to create an inbound lead generation process to attract visitors and
eventually convert them. The first step in your lead generation strategy is to
have a well-designed, mobile responsive website. As we mentioned before,
one of the key challenges for Indian tech companies is that they don’t
invest in branding, etc.
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 24
Great content is all about building trust
and credibility with the right audiences,
because creating an effective content
strategy requires you to look back on your
buyer personas’ biggest challenges and
pinpoint areas where your expertise or
knowledge can help.
Inbound Marketing
“We have not done any paid advertising, yet I have seen a 700%
growth in the number of leads generated over the past 2 years. Our
website traffic has grown by almost 83%. Today, Roambee is in 8
countries and we are able to support the digital marketing needs
across all geographies with just one central marketing team of only 9
members.”
- Anu Mangal, Marketing Manager at Roambee
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 26
Content Marketing
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 27
Video Videos require a bigger investment of time and
resources than written content but are 40 times
more likely to get shared on social media than
other types of content.
To start developing your own content marketing strategy, you can use
HubSpot’s Content Marketing Workbook.
SEO works hand in hand with content marketing by making your content
discoverable to audiences actively seeking answers on search engines like
Google, Bing, and Yahoo.
28
As each market has its own preferences in keywords, you can take
advantage of location-specific algorithms that prioritize content from local
businesses in search rankings — allowing you to compete with even the
biggest international companies within your target markets when done
right.
On-page SEO
On-page SEO is the category entirely within your control and is focused on
optimizing your site structure, content and speed. It includes activities like:
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 29
Because on-page SEO is so reliant on regularly building and maintaining
the content and usability of your website, you’ll need a Content
Management System (CMS) that lets both developers and marketers do
their jobs well. This means giving your developers the ability to create
flexible themes and content structures, while also providing your marketing
team the autonomy to easily modify pages, create personalized content
and update SEO features on their own.
HubSpot’s Optimize tool provides a checklist of SEO tasks to complete for each webpage and provides
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 30
The HubSpot website page editor’s drag-and-drop modules allows marketing teams to edit page layouts,
Device previews are also available so you can check what your website looks like across the most common
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 31
HubSpot’s platform also provides the option to create ‘smart’ content, which allows you to show different
content, depending on the user’s device, country, language, list membership, etc.
Off-page SEO
Off-page SEO is concerned with the way external websites or web pages
link back to yours. These are known as ‘Backlinks’ and they can come from
a variety of sources including partner websites, media outlets, independent
blogs or social media websites.
To get the most out of off-page SEO, you should be building high-quality
links from trusted and authoritative sites, and encouraging audiences to
share your content on their social media accounts.
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 32
When asking others to link back to content, it’s best to create a tracking URL
so you can manage your campaigns more effectively, and see how users
from different sources and campaigns interact with your website.
HubSpot includes a Tracking URL Builder tool to create shortened links with tracking.
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 33
Best Practices for Effective Lead Generation
To maximize the return on your global lead generation efforts, keep some
of these following tips in mind:
According to Strategic Marketing To seal up that hole, you can use lead
Consultant, Nicholas Kusmich, magnets: free tools that provide value
the 2 golden rules for obtaining for your visitors in exchange for their
visitors’ information are: information.
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 34
Landing Page Conversion Techniques Lead Scoring
Landing pages are the pages that Lead scoring helps prioritize your
collect information in exchange for the leads according to their levels of
lead magnets. They exist separately engagement with your business.
from your company’s website and are Ultimately, this helps you figure out
typically used for a single marketing who is ready to buy and what they’re
campaign. interested in.
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 35
Measuring Your Campaigns
As you can already see, improving your marketing efforts for expansion
will require a sizable investment in time and resources. And when you
need to guarantee buy-in from different stakeholders in your company,
it’s important to demonstrate ROI and continuously adapt to international
competitors.
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 36
While something like HubSpot can certainly make reporting easier, it’s not
a necessity for streamlining the process. You can easily get started with
an Excel or PowerPoint template that puts your most important KPIs at the
forefront.
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 37
3. Design your
Lead Nurturing
Program
“HubSpot is leveraged both by the corporate and the regional
marketing team. It’s the unified platform in which we do our entire
campaign management. While the regional marketing team leverages
the CRM capabilities, they’re able to translate these warm leads into
active opportunities and hand it over to the sales team to run with.”
- Prakash Ramnath, AVP Marketing at Ramco Systems
You’ve now set up a lead generation strategy for your new market; the next
step is making those sales happen. Although getting leads is great, not all
leads are at the point where they can be considered sales-ready.
Depending on which research you read, only 5-25% of traffic on your site
is actually ready to do business with you; the rest are only doing research.
You’ll need to actively move these prospects (from your marketing and lead
generation efforts) to the point where they become paying customers.
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 38
Lead nurturing (a.k.a. marketing automation, drip marketing, etc.) is the
process of building relationships with your prospects with the goal of
earning their business when they’re ready. When done
properly, lead nurturing can produce 20% more
sales opportunities, and generate 50% more
sales-ready leads at a 33% lower cost.
Flywheel: Engage
Engaging is about building lasting
relationships with people by
providing insights and solutions
that align with their roadblocks
and goals.
5 Steps to Setting Up
a Lead Nurturing Campaign
Step 1: Determine Your Goal
Identify what exactly you want to achieve through your campaign.
Some common metrics include campaign conversion rates, email
click-through rates (CTR), lead-to-opportunity conversion rate, etc.
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 39
Step 2: Select a Persona
Decide who you’re trying to reach and what problem you’re helping
them solve. As mentioned, lead nurturing is the purposeful process
developing relationships with your leads and prospects.
Is doing educational research to Is committed to researching and Is compiling a long list of all
more clearly understand frame, and understanding all of the available available vendors and products in
give a name to their problem. approaches and/or methods to their given solution strategy. Is
solving the defined problem or researching to whittle the long list
opportunity down to a short list and ultimately
make a final purchase decision.
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 40
Awareness Consideration Decision
Stage Stage Stage
Free whitepaper
Free guides& tip-sheets Free webinars Free trials
Free ebooks Case studies Demos
Free checklists Free sample Free consultations
Free videos Product spec sheets Estimates or Quotes
Free kits Catalogs Coupons
(combo of above)
41
To ensure that you deliver the right content to the right people at
the right time, you need to understand how leads have previously
interacted with your brand and, based on all your customer research,
develop a nurturing strategy around that.
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 42
Step 5: Measure & Improve
Lead nurturing is a long-term play that requires testing and
reiteration. Setting-and-forgetting your workflows and processes with
no oversight on their effectiveness is a one-way street to declining
sales performance. Successful teams always work on measurable
data.
43
4. Automate Your
Sales Processes
Many Indian businesses still rely on time-consuming methods of managing
their sales from juggling multiple Excel sheets containing prospect and
sales data to creating multiple email reports for different stakeholders. Most
sales teams also end up spending too much of their energy on tedious data
entry. If this sounds familiar to you, it might be time to consider automating
your sales processes.
With the extra time saved in logging and reporting, your sales team can
invest more on adding a human touch to each interaction. This will be
essential if you want to compete with the gold-standard customer service
that many of your international competitors will have. Moreover, when sales
activities such as calls, emails, and meetings are logged automatically, there
is no hiding place for underperforming sales reps.
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 44
Here are a few of the areas you can consider automating:
Prospecting
Targeting the right people, at the right time, with the right message is
essential if you want to stand out with your prospecting. International
businesses expect tailored outreach and are highly unlikely to respond to
generic message templates.
Your sales reps most likely spend the majority of their time on the same
emails, messages or calls over and over again. Systems like HubSpot
not only have robust templating systems for sales reps, but also facilitate
automation of common sequences of sales activity such as email or calls.
45
Additionally, you can use personalization tokens (e.g. names and titles)
to add a personal touch to your messages and keep your sales reps from
sounding like a bot. This is essential if you want to be taken seriously
by your leads and scale your efforts without spending too much time
customizing outreach messages.
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 46
Meetings
Sales reps can spend a lot of time on the back and forth of deciding a
meeting time. You can put a stop to all that by syncing your calendars to
a meeting scheduling tool like HubSpot Meetings or Calendly. You not
only save time for both parties, you also demonstrate that your business is
efficient before you’ve even pitched your services or product.
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 47
Pipeline Management & Transparency
Reporting
Live deal dashboards are essential for understanding how many deals
are on hand, who owns them, and how much is in each stage of your deal
pipeline. Having this level of transparency and visibility is great not only for
your sales team but also for management to be able to accurately forecast
in real-time as opposed to waiting for the sales manager to collate the
Excel reports at the end of the month.
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 48
Proposals
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 49
5. Establish top-tier
s upport & delight
customers
“We used to manage everything manually. It was a tiresome and
cumbersome process for us. The main advantage of HubSpot is that,
while we’re doing communications with the clients, we have all the
information handy with us – which provides us an extra edge over
other companies.”
- Nisarg Shah, Business Development at Nimblechapps
Building your business for a new market is costly, but building a customer
success program can help you maximize revenue while minimizing
additional costs. Generally speaking, it costs 5-25 times more to acquire
a new customer than to retain existing ones, and you risk losing your best
customers when they have a bad experience with customer support. By
simply increasing customer retention rates by even 5%, you could increase
profits by up to 25%.
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 50
Successful and
happy customers
don’t churn.
51
That’s why you want each and every one of your
customers to have a top-quality experience
with your services so that they not only
come back for more, they eventually
become champions for your brand.
Flywheel: Delight
Delighting is about providing
an outstanding experience that
adds real value, empowers people
to reach their goals, and become
promoters of your company.
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 52
Given that it takes 12 positive reviews to counter the effect of a single
negative review of your product/service, it is more important than ever to
provide quality service. So how do you ensure that you are able to provide
the best service possible, especially when trying to serve customers in a
different geographic location?
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 53
Establish Metrics & Processes
To hit these goals, you’ll need to empower your team with the ability to
manage customer communications at scale. Apart from establishing a sales
playbook to serve as a reference for best practices, your team will need a
tool to streamline communications and easily gauge the success of your
activities.
54
Organized Support Services
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 55
Measure Satisfaction
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 56
Create a Self-Service Platform
“Of all self-service channels, customers make the most frequent use of knowledge bases.”
Having your support team handle every single customer ticket personally
can become an ordeal at scale. Not only will it take a lot of time and effort
to manage every request, but you may also end up having your customers
wait too long for assistance.
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 57
Looking for a system that does scale? An emerging method of scaling
customer support is through a self-serve customer service platform, better
known as a Knowledge Base, that catalogues all of your troubleshooting
and FAQs for easy access by not only your customers but also your
customer service team and sales reps.
58
An example of a Knowledge Base Content Management System.
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 59
Conclusion
Breaking into and succeeding
in new global markets isn’t
going to be easy but it’s
entirely possible if you’re
utilizing the flywheel as a
framework. In short, it’s all
about providing value to your
leads through quality content;
creating exceptional customer
experiences; and tying everything
back into a cohesive sales and marketing
strategy across your organization.
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 60
Action Steps
1. Identify and prioritize key markets and personas through research
[ATTRACT]
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 61
3. Implement an inbound sales and marketing methodology and
automate your processes
[ENGAGE]
Your strategy for attracting leads and converting them into customers
needs to be scalable as your business grows. Implementing marketing
and sales automation with a system like HubSpot is an important step in
providing quality and scalable services.
Focusing on SEO, quality content and your website over advertising, buying
email lists and sponsorships is the best way to get the most ROI out of your
budget.
Putting your customers first, doing a great job, and providing world-class
customer service will mean lower churn, more customer upsells, and a
better ROI compared to focusing on acquiring new clients and undeserving
your existing client base.
5-star reviews and glowing testimonials will naturally follow and help you
create a virtuous cycle of success. Investing in tools such as live chat, a
knowledge base, ticketing and NPS (net promoter score surveying) is an
investment in the future of your business.
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 62
Want to get
started on your
Global expansion
strategy?
Book a FREE
assessment with
one of our inbound
experts today or call
us directly at
+91 11 7127 9211
The Ultimate Guide for Indian Tech Companies to Expand Their Global Business 63