5 Critical GTM Lessons from Meeting Package’s Pivot to Enterprise Success

5 Critical GTM Lessons from Meeting Package’s Pivot to Enterprise Success

Most startup pivots happen too late. The marketplace model is failing, growth is stalling, and cash is running out. But Meeting Package’s transformation from marketplace to enterprise SaaS offers a masterclass in strategic timing and execution.

In a recent episode of Category Visionaries, Meeting Package CEO Joonas Ahola shared key insights from their journey that reshaped their go-to-market strategy. Here are the critical lessons for founders:

1. Know When Your Model Is Breaking Before It Breaks

Meeting Package’s marketplace seemed promising until they identified a fundamental flaw. “If you just have an extranet marketplace, it will never fly because it’s not connected to the live inventory,” Joonas explains. Unlike Airbnb hosts managing personal properties, hotels already had sophisticated systems in place. The insight wasn’t just that the model wasn’t working – it was understanding exactly why it couldn’t work.

2. Define Your ICP Through Elimination

Rather than starting with who to target, Meeting Package found success by first identifying who not to target. As Joonas shares: “Let’s say your mom and pop hotel, or your hotel is in the middle of nowhere and you don’t really have any p, two P customers or corporates coming in. That was super easy for us to remove and rather focus on the, let’s say, enterprise SME’s that are more on the full service model.”

3. Build Your Sales Team Around Industry Expertise

Traditional SaaS sales experience wasn’t enough. “We acknowledge the fact that we need to have people who can challenge the hotels because we’re not creating a vertical, we’re changing the way they operate,” Joonas notes. This meant hiring industry veterans who could engage in consultative selling and challenge established practices.

4. Turn Market Downturns Into Product Advantages

When COVID-19 hit the hospitality industry, Meeting Package made a contrarian bet. Instead of cutting across the board, they “decided that, okay, let’s rather shut down customer success and marketing and completely focus on engineering and R and D at that point.” This focus during industry dormancy positioned them to emerge with superior technology when the market recovered.

5. Build Your GTM Around Industry Networks

Meeting Package’s breakthrough came from understanding the industry’s social fabric. As Joonas observes: “The hotel industry is so much driven by these kinds of networks and network effects, in a sense, that the person you talk today might be working tomorrow in the other hotel. And that’s just like how the industry works.”

The results validate these lessons. From marketplace-era conversion rates below 10%, Meeting Package now achieves “60% to 70% on average.” Their partnership-driven GTM strategy turns former competitors into distribution channels, creating a powerful flywheel effect.

Looking ahead, Meeting Package aims to have “50,000 instantly bookable venues globally” by 2027. But the real lesson for founders isn’t in the numbers – it’s in the strategic clarity that produced them. By deeply understanding their industry’s operational realities, building the right team, and leveraging existing networks, they’ve created a sustainable advantage that goes beyond feature sets or pricing models.

The key takeaway? Sometimes the best GTM strategy isn’t about disrupting an industry’s core operations – it’s about making those operations work better. Meeting Package’s journey shows that understanding this distinction can mean the difference between a failed marketplace and a thriving enterprise software company.