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Listen to the audio version of this article: [link] ProductStrategy Discovery Explained What is productstrategy discovery? More precisely, it is the process of developing a productstrategy whose implementation will likely create the desired value and impact.
Hold Regular ProductStrategy Reviews. A productstrategy , like any other plan, is subject to change. How changeable your strategy is, depends on your product’s life cycle stage. As long as your product hasn’t reached product-market fit, the strategy is usually volatile.
Portfolio Strategy Forget every product team working in their own little silo. A portfolio strategy starts with the customers top business priorities, and then every product becomes a lever for delivering value that actually moves the needle for them. ProductMarketing This is where the magic happens.
For example, a productstrategyworkshop might have the objective to identify the key changes required to achieve product-market fit. Contrast this with a sprint review meeting , which might help you determine if users can easily sign up for the product. Assess productstrategy and adjust if necessary.
Developing a content strategy for productmarketing requires an approach similar to product positioning. Executing a solid content strategy can keep the sales mantra of “the leads we get from marketing are crap” at bay! 5 Steps For Building a Winning Content Strategy 1.
ProductMarketing may be one of the most misunderstood and undervalued functions as evidenced by the fact that so many B2B organizations still don’t have it. If clearer differentiation and greater sales success are on your A-list, dispel these three productmarketing myths and you’ll be on your way.
Last month I had the privilege of participating in SVPG’s ‘Coach the Coaches’ workshop in Europe. I soon found out that I was going to be the only one from Israel attending the workshop. After 3 full days of meaningful discussions, I took the time to reflect and share with you my thoughts and insights.
I recently led a workshop for an organic tech farm startup that wanted to set its foot online for selling organic food to B2B customers. I have some takeaways and learnings to share that I covered as a coach for their onboarding strategy. Let me walk through the entire workshop in the phases with its results.
If you’re looking to climb the productmarketing career ladder faster, here are five things you can do that’ll accelerate your climb. Track Record of Year-Over-Year Product Revenue Growth Not to state the obvious here, but product revenue is always top the priority. I came into a productmarketing role from pre-sales.
All product managers report to me, and we have five product teams up and running. It sounds like you are responsible for product, design, and research. And productmarketing as well. A Workshop Kicks Off a New Commitment to Discovery Teresa: It sounds like recently, you had a workshop that had a big impact.
My goal with this 10-part series on product portfolio management is to highlight the strategic ripple effect across engineering, productmarketing, sales, including presales, customer onboarding, and customer success. None of your products on their own deliver the broad impact your customers are looking for.
Productmarketing roadmaps aren’t a staple in most B2B organizations, but there are a host of reasons they should be. The biggest reason metaphorically speaking, is they willingly “fence the salesforce” into your most lucrative markets and give them a shorter path to meeting sales quotas and revenue goals.
She coaches teams using my Continuous Discovery Habits curriculum and is helping me bring the Continuous Discovery Habits workshop to more companies. Product teams struggle to drive business outcomes because many companies haven’t taken the time to define their strategy. Help me in welcoming Hope as an official author.
The worst definition of solutions marketing is “the bundle,” selling multiple products together at a lower price than they cost individually. Bundling is nothing more than a pricing strategy, period! Solutions marketing it isn’t! Those who make a habit of it become market leaders.
If you thought there were a million ways to define product management, productstrategy might have it beat by a longshot. Just think about how many ways productstrategy is defined within your own organization. It’s the number one thing that makes productstrategy both challenging and frustrating at the same time.
Looking for the best productmarketing campaigns to inspire your next project? We’ve curated 16 of the most innovative product campaigns from industry leaders like Userpilot, HubSpot, and Spotify, among others, that will spark your creativity and help you create campaigns that drive product growth.
Consequently, your focus shifts from managing a product to looking after the product people on your team and empowering them to do a great job. Carrying out the relevant product discovery work and taking into account product ethics. Creating and validating a productstrategy including market and user research.
Before you order the roadmap items, double-check that you have a validated productstrategy in place. You should be able to confidently say why users would want to use your product and why it is worthwhile for your company to invest in it. To prioritise the product roadmap, consider in which life cycle stage your product is.
That brings us to the subject of influence among product management and productmarketing teams. Those who possess more market knowledge wield far more influence than those who don’t. And that market knowledge is the key to leading from a position of strength. Market Knowledge Defined. We learn from them.
To excel in this leadership role, focus on these three key areas: Know: Develop a comprehensive understanding of your product, market, and team dynamics. Do: Take strategic actions to advance your product and support your team. Unity workshop: Organize a team activity focused on aligning individual and collective purposes.
The B2B Product Manager October 2020. The product led growth model is gaining tremendous momentum. This month we look at the impact on product management and productmarketing. As most companies deal with leaner sales pipelines, your product demos are even more critical to making the shortlist. 499/person.
In part two of this summary, I am moving to talk about strategy and leadership insights. But every now and then, for example, when I share the insights with my customers (many of them wanted to use our time together to simply hear how it was), I remember what a great privilege it was to attend this workshop, and I feel truly grateful.
Mind the Product London 2018 on October 18-19 will be better than ever, with more workshops, more networking, and more fun than ever. But most importantly #mtpcon will, as usual, bring you the best minds in product from around the world for a day full of thought-provoking insight, inspiration, and learning. Leadership Forum.
But as the initial story above shows, working with remote teams is not always conducive to achieving product success: When you work on a product that has not yet reached product-market fit or when you are planning to extend the life cycle of an existing offering, you should at least initially collocate the development team and key stakeholders.
But as the initial story above shows, working with remote teams is not always conducive to achieving product success: When you work on a product that has not yet reached product-market fit or when you are planning to extend the life cycle of an existing offering, you should at least initially collocate the development team and key stakeholders.
Strategic Portfolio Roadmapping Workshop. In this hands-on workshop, you’ll learn how to develop a strategic portfolio roadmap that drives new growth by shifting your inside-out product vision to an outside-in customer vision. This workshop is ideal if…. your product roadmaps keep re-routing you like a bad maps app.
The journey to product-market fit might seem random, but it actually has a well defined high-level structure. Here is part two of the guide that will help you find your way to product-market fit. Photo by Quang Nguyen Vinh on Pexels When I first started my consulting business , I attended a sales coaching workshop.
(from the customer’s perspective) in each of your target markets and bring that information into the organization so that every part of your organization sees the markets through a common lens, the lens of the customer. Input from sales and other customer facing teams is a part of creating a well-rounded view of the market.
This is sometimes thought of as product/market fit: Key Inputs Before you start Product Discovery, you are going to want (or need) some information. On the other hand, if you’re founding a startup or creating a corporate venture, then you likely won’t have a strategy, OKRs or customer data. Marketing risk?—?is
Mind the Product London 2017 on September 8 will be better than ever, with more workshops, more networking, and more fun than ever. But most importantly #mtpcon will, as usual, bring you the best minds in product from around the world for a day full of thought-provoking insight, inspiration, and learning. Get those tickets now!
Laura Jones is head of productmarketing at Uber and recently participated in an AMA on influencing the product roadmap via Sharebird , a place to see how people at top companies do productmarketing. “I also like to do regular skip levels with all team members to review progress vis a vis goals.”
Laura Jones is head of productmarketing at Uber and recently participated in an AMA on influencing the product roadmap via Sharebird , a place to see how people at top companies do productmarketing. “I also like to do regular skip levels with all team members to review progress vis a vis goals.”
Knowing this, Modus has created a well-defined practice made up of individuals who are generalists, specialists, and versatilists who understand product. We have developed a productstrategy practice to strengthen our product team and enable them to avoid getting overwhelmed with tasks outside of this practice.
Jeroen De Flander I vividly remember the first time I saw a corporate strategy at the ripe old age of 23. Despite expert communication, workshops, a corporate intranet, and a placemat for your desk, I was clueless. There was an enormous chasm between the company’s goals and my role in executing the strategy. Their scope?
Here’s why a portfolio vision is so critical to the success of your products and how it elevates Product Management, ProductMarketing, Sales and Customer Success teams to plan and execute more strategically. You know exactly what good looks like for you!
Enter: product-focused advertising. This strategy focuses on highlighting the unique value your product brings to your audience and crafting a narrative that resonates with them. Types of product-focused advertising every productmarketing manager should consider: Product-led growth. Email marketing.
Market and customer discovery is the single most foundational skill for success in product management and productmarketing. Discovery With Product Bias The more you know about your products, the harder it is to identify unmet customer needs with strategic value.
Market and customer discovery is the single most foundational skill for success in product management and productmarketing. Discovery With Product Bias The more you know about your products, the harder it is to identify unmet customer needs with strategic value.
What: One-Day Product Leaders Workshop (Roundtable). Scheduled one day ahead of ISPMA’s Software Product Summit in Frankfurt, this is a one-day session specifically for those leading product management teams[/tweetherder]: Product VPs, Directors of Product Management, Chief Product Officers and other product-focused execs.
For some reason, most of them want my productstrategy and product-market fit lectures during May and June, every year. This year I couldn’t take many such lectures, since among other things I was in London participating in Marty Cagan and SVPG’s Coach the Coaches workshop. They needed something else.
Equally important is your ability to collate all those customer conversations and bring them back into your organization through a common mouthpiece to fuel products, marketing sales and operations. Sales is working an opportunity for add-on products/services. BDRs are executing a marketing/lead generation campaign.
I distinctly remember one of the bank executives telling my client, “if you’d do a better job of integrating your products, it would really help us execute our strategy better.”. Without hesitation, I asked, “how would that integration help you and why is it so important to the success of your strategy?”. Related Articles.
Hot Topics – From Deep Innovation, Team-Led Growth, Killing Features, to the Challenges in ProductMarketing & Management in 2021. This year, we have divided the topics of presentations into six exciting categories: Product Analytics. Product Operations. Product Growth. ProductMarketing.
(Montreal, Canada) – Paul Ortchanian, Founder, CEO, Head of Product, Data and Strategy of Bain Public , will be leading a workshop on Saturday, June 27th, as part of Front Row Venture’s newest initiative: The Women’s Founders Project. Title: Women’s Founder Project: Product/Market Fit. Session Information.
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