Smallest Viable Market: A B2B Tech Guide for Focused Growth

The Smallest Viable Market (SVM) is specific. It’s as important for growth as the Minimum Viable Product (MVP). When we focus on the smallest, most specific group of people who truly care about our stuff, we can tailor our message, build loyalty, and drive word-of-mouth. But that requires bravery and accountability.

Takeaways

  • Everyone is impossible. Everyone is also convenient because it’s easy to hide in broad, vague messages.
  • SVM focuses on the smallest audience who is willing to tell others about you.
  • Serving a focused audience leads to stronger customer relationships and organic growth.
  • Marketing, Sales, CX, and Product teams all benefit from aligning around an SVM mindset.
  • Like the MVP, the SVM leads to better results and long-term success.

The Smallest Viable Market (SVM) is Similar to the Minimum Viable Product (MVP)

Anyone on the Product team knows all about the Minimum Viable Product (MVP). It’s the simplest, most useful version of a product. It’s the version that works, even if it’s not perfect. MVPs get the core idea out into the world quickly and continuously improve based on customer feedback.

But what about GTM teams? What about the Smallest Viable Market (SVM)?

Are you as focused on the right people you’re trying to serve as the product you’re trying to build? The SVM is the marketing equivalent of the MVP, and it’s just as essential for growth.

The Problem with Targeting Everyone

We’ve all heard it: “When you try to be everything to everyone, you end up being nothing to anyone.” That’s because it’s too ambitious. Too universal. Too big. It’s impossible. 

The fear of missing out (FOMO) drives this urge. We’re afraid that if we narrow our focus, we’ll lose potential customers. In reality, the opposite happens. A broad, vague message blends into everyone else. Nobody cares because nobody notices.

People don’t buy your product just because it exists. They buy it because of how it makes them feel and how it solves a specific problem they care about. And the only way to show them you can solve their problem is to get specific.

Like the Minimum Viable Product, the Smallest Viable Market is Specific

The Minimum Viable Product works because it’s focused. It’s the simplest version that solves a problem. The Smallest Viable Market works the same way. It’s the smallest group of people you can serve and still grow your business.

This isn’t about making compromises or limits. It’s about starting in the right place. When you focus on a small, specific group, you can:

  • Tailor messages to customer needs.
  • Build solutions that fit.
  • Earn confidence and trust.
  • Create raving fans who spread the word.

Growth doesn’t come from trying to serve everyone. It comes from serving the right people—the ones who will love what you’re doing and talk about it. That’s how movements start. That’s how momentum builds. That’s how confidence catches on. 

Choosing Your Smallest Viable Market

So, how do you find your SVM? Seth Godin offers a great answer with another question, “Who’s it for?”

Not “everyone” or “anyone who needs X.” Be brave enough to get specific. Who will get the most value out of what you’re offering? Who is most likely to care? Who will talk about it?

Imagine your first 1,000 true fans. These are the people who love your product so much they can’t stop telling others. Focus on them.

Ask them: What do you really want? Instead of saying, “Here’s what I made. Do you like it?” start by listening. Build something they need. Make a promise they care about.

Specificity Requires Courage

Being specific is hard and scary. It’s much easier to be vague. If you’re trying to serve everyone, you can always find an excuse when it doesn’t work. But when you focus on an SVM, there’s nowhere to hide. You’ll know if it’s working or not.

That’s why specific marketing is brave marketing. It forces accountability. It demands clarity. And it creates the kind of trust that builds strong brands.

Thinking for the Whole Business

What if your whole business embraced the SVM mindset? What if GTM teams taught the company—including the C-suite—to think about customers the same way product teams think about MVPs?

  • Marketing could focus on making promises to the right people, not everyone.
  • Sales could target the people most likely to buy, not just anyone with a pulse.
  • Product teams could build with the end user in mind, not just the loudest internal voices.

When everyone is aligned around the smallest viable market, we’re not just building products. We’re creating change for the people we seek to serve.

SVM Leads to Growth

If you‘ve ever ridden a motorcycle, you know that push-steering is counterintuitive. You push left to go left, not right. That’s inertia at work. MVP and SVM have a similar inertia. 

It feels counterintuitive, but starting small leads to big results. SVM doesn’t limit growth. It enables it.

When you focus on serving the right people, you build something that sticks. Sticky things get attention and create buzz. And when people talk, you grow.

Just like the MVP helps you build better products faster, the SVM helps you grow your brand reputation in the right way. It’s not about reaching everyone. It’s about making real connections with the right people. 

Final Thoughts

The Minimum Viable Product is a proven tool for innovation, and the Smallest Viable Market deserves the same level of attention. Both require clarity, courage, and a willingness to focus on the essentials. It’s about progress, not perfection

To put this into action, identify the smallest group of people who care a lot about your solution. Who are they? What keeps them up at night? Be brave enough to say, “It’s not for you” and specific enough to make a real difference for those you seek to serve.

Dive deeper:

  • Seth Godin’s This Is Marketing: Especially Chapter 3, which gets into the concept of the Smallest Viable Market and why it’s so powerful.
  • Steve Blank’s The Startup Owner’s Manual: A guide to building startups with a customer-first mindset, emphasizing the importance of focusing on the right audience.

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This article is AC-A and published on LinkedIn. Join the conversation!