Three Go-to-Market Challenges for Industrial Manufacturers

Imagine investing months of effort and substantial resources into developing a cutting-edge industrial product only to see it languish in the marketplace because your Go-to-Market (GTM) strategy is generic.

For industrial manufacturers, a one-size-fits-all approach to launching industrial products leads to wasted opportunities, lost revenue, and damaged brand reputation. In a sector as specialized and competitive as industrial manufacturing, the stakes are too high to risk using a broad-brush strategy.

In this post, we’ll explore the three critical ways in which a GTM strategy for industrial manufacturers differs from that of other businesses. More importantly, we’ll provide actionable steps that marketers must take to address these challenges and successfully take their products to market. Whether you’re dealing with complex technical specifications, targeting niche audiences, or navigating stringent regulatory requirements, the correct GTM strategy makes all the difference between a successful product launch and a costly failure.

Before we get rolling, let’s get clear about what we mean by a Go-to-Market strategy. Essentially, a Go-to-Market strategy is a comprehensive plan that outlines how a company will introduce its product to the market, engage with customers, and achieve a competitive edge. It involves everything from identifying target audiences and setting pricing strategies to choosing the right sales channels and crafting messaging that resonates. For industrial manufacturers, however, a GTM strategy isn’t just a checklist—it’s a nuanced roadmap that must account for the unique complexities of industrial products and markets.

So, let’s discuss the top three challenges you must understand—and meet.

Industrial Marketing Manufacturing Challenge 1: Technical Product Complexity

Industrial products typically have a high level of technical complexity, requiring marketers to convey detailed specifications, functionalities, and compliance information. This demands a GTM strategy that includes in-depth technical documentation, product demonstrations, and educational content to ensure the target audience fully understands the product’s capabilities. To meet this challenge:

  • Develop comprehensive technical content: Create detailed product brochures, white papers and technical datasheets that cover all aspects of the product’s specifications, functionalities, and applications. These documents should be readily available on the company website and provided during the sales process.
  • Leverage subject matter experts (SMEs): Involve engineers and technical experts in the content creation process to ensure accuracy and depth. Consider hosting webinars or live demonstrations where SMEs explain product features and answer technical questions directly from potential customers.
  • Implement a content hub: Develop a centralized online hub where potential customers can access a wide range of technical resources, such as video tutorials, case studies, and FAQs. This hub should be optimized for search engines to attract organic traffic from professionals searching for specific technical solutions.

Industrial Marketing Manufacturing Challenge 2: Niche Target Audiences

Manufacturers of industrial products typically target a narrower, more specialized audience, such as engineers, plant managers, and procurement professionals within specific industries. This requires a GTM strategy that focuses on precise targeting, personalized outreach, and industry-specific messaging to effectively reach and engage these niche markets. To meet this challenge:

  • Leverage account-based marketing (ABM): Implement ABM strategies that focus on targeting specific companies or segments within the industrial sector. Customize marketing efforts to address the unique challenges and needs of these accounts, using personalized messaging and content tailored to their industry and their buyer personas. Whenever possible, base your strategy on insights you gather through Voice of Customer research.
  • Participate in industry trade shows and conferences: Focus on events that cater to your niche audience. These gatherings offer opportunities to showcase products, conduct live demonstrations, and network with key decision-makers in the industry. Ensure your booth and materials emphasize the product’s relevance to the specific industry. For even greater impact, position your brand as a thought leader by delivering keynote talks, hosting workshops, and moderating lunch-and-learn panel discussions.
  • Place industry-specific digital ads: Use targeted online advertising platforms to reach your niche audience. You can deploy LinkedIn Ads, for example, to target professionals by job title, industry, and company size. Additionally, consider advertising in industry-specific online publications and newsletters.

Industrial Marketing Manufacturing Challenge 3: Regulatory and Compliance Considerations

Industrial products must often meet stringent industry standards and regulatory requirements. A GTM strategy must highlight compliance with these regulations, incorporate certifications into marketing materials, and address any potential concerns related to safety, environmental impact, and operational efficiency. To meet this challenge:

  • Highlight compliance in marketing materials: Clearly communicate compliance with industry regulations and standards in all marketing materials. Include certifications, safety ratings and environmental compliance information prominently in brochures, websites, sales playbooks, product datasheets and sales pitch decks.
  • Develop case studies focused on compliance: Create case studies that showcase how your products have successfully met or exceeded regulatory requirements in real-world applications. These case studies are powerful tools in convincing prospects that your products are a safe and compliant choice.
  • Regularly update content to reflect regulatory changes: Stay informed about changes in industry regulations and ensure that you update all marketing content accordingly. This includes revising technical documents, updating certifications, and communicating these updates to your target audience through newsletters or direct communications.

Conclusion

The key thing to remember as a marketer at an industrial manufacturing company is that you face unique GTM challenges. What works for other manufacturers won’t necessarily work for you. You must understand, and then meet, your unique challenges.

By focusing on these best practices, you will effectively address the unique challenges of your GTM strategy, and position your products for success in the market.

If you need professional help along the way, let’s talk.

Need Help With Your Industrial Marketing?