« The Israeli model is back | Main | WiMax hype factor »

October 12, 2004

Product Marketing 101

Product Marketing, the difficult art of linking a technology to a product to a customer is one of the hardest tasks for a technology CEO. Good post from Daniel Gerges on this.

I have used the Geoffrey A. Moore framework that he describes...

- For (target customers - beachhead segment only)
- Who are dissatisfied with (the current market alternatives)
- Our product is a (new product category)
- That provides (key problem-solving capability)
- Unlike (the product alternative)
- We have assembled (key whole product features for your specific application)

... and found out that it works as a sharp tool that can be used to crystallize your thinking on what product you have. My key leanings from using the framework are:

- Get two three customers before you try to solidify your answers and use the framework
It’s hard to use, but almost impossible to use BEFORE you have 2 or 3 customers that will anchor you in reality.

- Run a first internal cross-functional workshop with representatives from sales, marketing, technology and service.
The framework will force and structure the internal discussion, and build consensus on the company and product mission and positioning.

- Run then an external workshop with representatives from the key members of your eco-system i.e. consulting organisation, customer, integrators, EOM partners etc...
The framework will help describing the rules of engagement between the various member of the eco-system, and describing the whole-product (product view from the end user perspective) .

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341f74fb53ef00e550818e2a8834

Listed below are links to weblogs that reference Product Marketing 101:

Comments

It is hard these days to get free advice on the internet about anything. Everyone wants to sell you something but tell you nothing that might loose them a client or an account. Your Website is a little different in that I did get some valuable information without selling my company.

Thank You!
Rick Fleck

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

My Conference Schedule

Blog powered by TypePad