1. SMBs are typically defined as companies with less than 500 employees. These businesses often have limited resources, budgets, and staff, and are looking for cost-effective solutions that can help them solve specific pain points. When selling to SMBs, Account Executives need to be highly focused on the specific needs and pain points of each individual customer, as well as ensuring that the product is priced competitively and can be easily implemented with minimal disruption to their workflow.

Mid Market:

1. Mid-market companies are larger than SMBs, but smaller than enterprises. These are often defined as companies with between 500 and 5000 employees. They typically have more resources and more complex needs than SMBs, but may not have the same level of budget or staff as larger enterprises. When selling to mid-market companies, Account Executives need to be able to provide more in-depth product demos, show how the product can scale to meet the company’s future needs, and demonstrate a strong ROI to justify the investment.

Enterprise:

1. Enterprise companies are the largest and most complex organizations, with typically more than 5000 employees. These companies have the most resources and budget to invest in technology, but also have the most complex needs and decision-making processes. When selling to enterprise companies, Account Executives need to be able to navigate complex procurement processes, demonstrate a deep understanding of the company’s needs and goals, and provide a highly customized and scalable solution that can meet the company’s specific requirements.

In general, selling to each market requires a different approach, set of skills, and level of expertise. Account Executives selling to SMBs may need to be more focused on lead generation and closing deals quickly, while those selling to enterprise companies may need to be more focused on relationship-building, strategic account planning, and consultative selling. Regardless of the market, all Account Executives need to have strong communication, negotiation, and problem-solving skills, as well as a deep understanding of the product and industry they are selling in.