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Unconventional Product Marketing Skills to Drive More Revenue From Existing Products Today, Product Management University announced free training courses for product marketing managers. These are perfect for product marketing managers that only want or need training on specific topics. Who Are the Courses For?
The most common mistake product marketers make with product positioning is they do it without regard for their salesforces ability to deliver it. Sure, you want to nail the product positioning so that prospective buyers understand your unique value. It also eliminates the need for two or more versions of your positioning.
However, just because customers want them doesnt mean theyre delivering the level of differentiating value your organization needs to meet its own goals. AI has put you in the best position to do that in a fraction of the time it would take you otherwise. Executive stakeholders want things that drive growth. This is where it starts.
A lot of them worked in other positions before moving to product management, like engineers, analysts, marketers and project managers, and learned by taking on extra responsibilities. Now there are more and more resources, like blogs, books, online courses and even training programs for Product Management.
Product Differentiation AI tools can help you make your product stand out from the crowd and offer a clear reason for people to choose it over alternatives. This can be achieved in two ways: First, data mining can identify opportunities for differentiation, assuming that the relevant data exists. They sometimes work well for me.
Here’s a simple example of portfolio positioning and how it makes your product positioning more strategic. If we go back to post 3 of 10 , you’ll see the ripple effect of a customer-facing portfolio vision in full swing when it’s time to craft your portfolio (and product) positioning! It sounds strategic.
Powerful product positioning usually boils down to the best story, which is not always the best product. Great positioning is centered on the aspirations of your target customers and why those aspirations are so important to their success. Save the HOW for training! Use Themes to Differentiate.
Differentiation and innovation are your two best options! Differentiation. Differentiation boils down to unique positioning in your sales and marketing efforts with your products and company reputation serving up the proof points. Innovation and differentiation often go hand-in-hand. Innovation.
The new product is going to boost your differentiation in the competitive space. You’ve just built some cool new A.I. enabled product or feature set and everyone’s totally energized over the upcoming announcement and marketing launch activities. You’ve got customer references with success metrics to make your value story real.
Product training for sales is one of the more daunting tasks for product managers and marketers and one of the biggest product rollout challenges in high-tech companies. And yet, they’re still challenged to articulate key value points that hook a prospect and position your products in a manner that’s compelling.
Returning with us is Greg Geracie the CEO of Actuation Consulting, a global provider of product management training, consulting, and advisory services to some of the world’s most well-known organizations. The study researches the factors that differentiate successful product teams from the rest of the pack.
Invite people not only from Product & Tech, but also Support, Sales, Training, and any other relevant group. if you recently discovered a new competitor that you think would be valuable for others to know about, or if you want to highlight how a potential new feature could be a differentiator for your company’s solution vs. others).
The better we understand our customers, the better we can meet their needs, and the more we can differentiate our product from the competitors. We interview so that we can learn how we can positively intervene in their lives. These gaps allow us to differentiate our products and services from our competitors’. It’s not real.
Goals for AI/ML Integration Competitive Differentiation: Leveraging advanced AI/ML capabilities to create a distinctive market position that sets our solution apart from traditional automotive sales approaches. Image credit: Karena E.I
A strong security program should foster a sense of healthy paranoia about potential security risks throughout your organization, and should feature staff training, a responsible vulnerability disclosure programme, and a strong monitoring and alerting program, at the very least. A high level priority for businesses to focus on is detection.
You could have more competition, and the core value prop is not differentiated enough. Perhaps the sales team isn’t trained adequately. They return your phone calls, buy more licenses, leave positive reviews, etc. It’s important to know what your competitors are doing to get a pulse of your relative positioning.
In this position, Dustin’s primary responsibilities include product portfolio management, new product introduction and product line strategy deployment. When he’s not doing product management, he trains for long distance cycling, and dreams of opening a tiki bar. Krishna Madhuvarsu Director of Product Strategy, Oracle Inc.
In the competitive world of SaaS products, product positioning is definitely something your product marketing team can’t afford to ignore. Let’s have look at what product positioning actually is, what it involves, the benefits of effective positioning, the strategies you can employ, and the risks of ignoring all the wisdom in this article.
Seeing a real demand for business courses in their consumer marketplace, the team identified an opening in the market to disrupt corporate training and hypothesized that employers would be more than willing to pay. Turning a sales objection into a unique differentiator. Only this time she focused on speed instead of choice.
In this position, Dustin’s primary responsibilities include product portfolio management, new product introduction and product line strategy deployment. When he’s not doing product management, he trains for long distance cycling, and dreams of opening a tiki bar. Krishna Madhuvarsu Director of Product Strategy, Oracle Inc.
For example, your accounts payable solution gives organizations a more accurate/predictable cash flow (strategic value) by eliminating invoice errors that lead to overpayments, underpayments, and penalties (tactical problems) that can distort its cash position (consequences). Here’s the difference. healthcare).
They use service as a differentiator and focus as much on the post purchase experience as the purchase decision to increase customer loyalty and retention – just like luxury hotels and car manufacturers have done for decades. Googling it” has trained an entire generation to help themselves online. Self-service solutions.
The most successful businesses realize this and work hard to continually protect their strategic position. Hamilton narrowly defines a successful strategy as creating a route to persistent differential returns for your business. Counter-positioning. But I found the Netflix example to be a more interesting one. Switching costs.
It may take a bit of a leap of faith to invest in a differentiation strategy that won’t immediately translate into ROI, especially in a pandemic, but you can’t sacrifice innovation and sustainability for short-term revenue. Yes, it’s positive, but it’s no longer performing anywhere near the same rate as it was. Paul: Yeah.
Their goal is to generate positive feelings about the product, whether the form factor, the packaging, or the unboxing experience. Details can equal differentiators. The team prioritizes cramming more in rather than focusing on the most meaningful, loveable features that may slow the train. Back to my Christmas gift.
“A consistent, transparent journey means a very positive experience for your customers” This same focus on seamless continuity should also be applied to your customers’ individual orders. A consistent, transparent journey means a very positive experience for your customers. Prioritize meaningful customer engagement.
A strong positioning statement is an important ingredient for success. In this post we share some tips for developing a well thought out positioning statement. What is a Positioning Statement? A well-crafted positioning statement brings together your overall value proposition with your positioning for a product.
. “Put simply, your sales strategy is how you’ll drive revenue” Generally your sales strategy will include things like your target market, ideal customer profile , go-to-market positioning, sales motions, methodology and channels. Establish clear, differentiated roles on your sales team. Define your ideal customer profile.
Through his talks and interactive training workshops, Dan helps companies build great products and strong product teams. We make sure our MVP addresses those differentiating needs. Once we’ve figured out how we’re going to be better or different, we need to figure out how to position and message our product.
In this BoS Talk April shows you how important positioning is to your product and how you can be doing yourself a great injustice just by positioning incorrectly. April Dunford (Founder/CEO, Ambient Strategy) – Positioning for Growth: How To Make Complex Products Obviously Awesome from Business of Software Conference.
In most B2B organizations, it’s more the exception than the rule that customer success managers inherit accounts where they’re in a position to play offense because the customer is thrilled with your products. Let’s dream for just a minute. Economic buyers are thrilled with the partnership they’ve formed with your organization.
In this position, Dustin’s primary responsibilities include product portfolio management, new product introduction and product line strategy deployment. When he’s not doing product management, he trains for long distance cycling, and dreams of opening a tiki bar. Krishna Madhuvarsu Director of Product Strategy, Oracle Inc.
but we had no previous training on strategy. While it is not a book on strategy per se , the deep understanding of how you will create a differentiated value proposition is the basis for creating a strategy that focuses on generating it. Regretfully, we learned and perfected our day-to-day chores (which led to a promotion!),
Product marketing’s top focus is helping salespeople understand their target customers as well as those customers understand themselves, and then positioning product solutions accordingly. Credibility is a salesperson’s best asset! Must be an awesome presenter. Insert other requisite skills here.
and collect positive reviews from our customers,” says Vlada Masevich, Head of Customer Success at Survicate. Conversational support positively impacts your whole business. Enhanced customer satisfaction (58%). Using conversational support techniques helps us to maintain a CSAT [customer satisfaction] score of 96% – or even higher! –
Redirect the focus of your value proposition to the capabilities that address larger scale issues such as growth or competitive differentiation. The post Overcoming Product Demo Objections appeared first on Proficientz - Product Management Training for B2B. What if you don’t have every productivity or efficiency feature?
While the workshop helped me validate the need the book should address, I was not able to tackle another key risk with it: writing the book in the right way so that the need was properly met and the product sufficiently differentiated. But I also know that I am unlikely to create the right product if the responses are always positive.
In this position, Dustin’s primary responsibilities include product portfolio management, new product introduction and product line strategy deployment. When he’s not doing product management, he trains for long distance cycling, and dreams of opening a tiki bar. Krishna Madhuvarsu Director of Product Strategy, Oracle Inc.
Shorter sales cycles and competitive differentiation. Anytime, Anywhere Training that lets your team learn in small increments over many weeks or months. You no longer have to take 2-4 days away from your job for a one-and-done training course.
Nonetheless, the quote is a favorite go-to argument in roadmap meetings everywhere, used to justify positions that are inconsistent with market feedback or lack data altogether. But to get new customers to choose you over the competition you need something that is truly marketable, like a shiny new point of differentiation.
They include the differentiation , quality, cost , focus, service, pioneer, niche, challenger, equivalence, requests-based , and upselling strategies. This is also the time to define your product’s positioning and unique value proposition (UVP). For example, Userpilot differentiates itself through its comprehensive feature suite.
You’ll walk away with everything you need to effectively position and differentiate whatever you’re selling. Contact Proficientz to see how our framework and training programs can help your sales team improve their hit rate by just being more curious. Let Buyers Talk About Themselves. Indulge them.
communications skills in a tech PM role) became a differentiator, allowing me to approach problems from fresh angles. 80% of employers plan to enhance workers’ skills with AI training. Leverage your "outsider" perspective : In each transition, I found that my unique background (e.g.,
My teams read all of these books, they do good trainings, they go to conferences, but they were lacking these tiny little details, and, to be honest, even I struggled. That’s something where my PMs are not super trained right now. My designers are trained a little bit and they are getting better. She is rather a coach.
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