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Finding
that Competitive Edge
Situation:
Verza, a young Dutch-American company offered
online payment processing services for small merchants
who wanted to tap into the Internet as an additional
revenue source. The sector was crowded and Verza
had to distinguish itself and find a competitive
edge.
Solution:
While G2 led the executive team through a positioning
exercise, it discovered that Verza's customers
were very concerned about fraudulent credit card
transactions and the rising costs of fraud insurance.
As it turned out, Verza provided anti-fraud screening
technology in its turnkey offer - a service that
would lower security costs for its customers and
provide that unfair advantage the company needed.
Results:
Once G2 Communications educated the press about
growing security problems, it was able to position
Verza as an industry expert and a source for related
stories in the Wall Street Journal, BusinessWeek.com,
Investors Business Daily, NPR, and Inc. Magazine.
G2 also developed a number of bylined articles
for Verza's CEO that appeared in Success Magazine,
as well as a variety of Internet media outlets.
Verza's revenues were over $1 million within its
first two years of business.


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