Using go to-market to connect new products and markets in a lean startup

Hans Baumhardt
Hans Baumhardttech startup founder | investor | advisor with a commercial focus on go-to-market at HJB Consulting UK
Using go-to-market
to connect
new products and markets
in a lean startup
A GtM typically defines how
an organisation will deliver
its awesome product
proposition to a specific
market.
what is go-to-market ?
A GtM typically defines how
an organisation will deliver
its awesome product
proposition to a specific
market.
it's never too early to think
about sales engagement
process.
what is go-to-market ?
A GtM typically defines how
an organisation will deliver
its awesome product
proposition to a specific
market.
in a lean startup it is
iterative, just like product.
evolve through validated
learning as new sh1t comes
to light.
what is go-to-market ?
A GtM typically defines how
an organisation will deliver
its awesome product
proposition to a specific
market.
what is go-to-market ?
start with product capability
to find high propensity markets.
start with market need
to create high propensity product.
A GtM typically defines how
an organisation will deliver
its awesome product
proposition to a specific
market.
start with product capability
to find high propensity markets.
start with market need
to create high propensity product.
what is go-to-market ?
A GtM typically defines how an
organisation will deliver its
awesome product proposition
to a specific market.
who - target people in market
what - value proposition
how - engagement channels
what is go-to-market ?
A GtM typically defines how
an organisation will deliver its
awesome product proposition
to a specific market.
who - target people in market
what - value proposition
how - engagement channels
what is go-to-market ?
what – value proposition
what can you do for me ?
the needs we meet, problems we fix
(pain) or new capability enabled
(gain).
what – value proposition
what can you do for me ?
the needs we meet, problems we fix
(pain) or new capability enabled
(gain).
why should I care ?
the benefits and our usp for existing
market differentiation (better, faster,
cheaper) or our mission and vision to
frame a new market.
what – value proposition
what can you do for me ?
the needs we meet, problems we fix
(pain) or new capability enabled
(gain).
why should I care ?
the benefits and our usp for existing
market differentiation (better, faster,
cheaper) or our mission and vision to
frame a new market.
why should I believe you ?
reference stories, testimonials and our
credibility that create an emotional
connection.
market segment type
new market - vision that frames the
pains and gains of your solution.
existing market - competitive
differentiation.
market segment maturity
early adopters who understand the
problem, need a vision to buy.
mainstream market needs benefits
and references for assurance.
who - target market
buying persona
people, not faceless companies or
industries benefit from solutions to
their specific problems.
identify the high propensity
beneficiary of your proposition who
suffers the pain, seeks gain.
the beneficiary, user, buyer can be
different in large organisations.
who - target market
b2b company profile
size of business affects buying
process, complexity and effort.
size of business affects deal size.
industry solutions help focus and
target.
who - target market
engagement lead
market engagement lead by
sales or marketing based on
value * complexity.
marketing + transactional sale
to
relationship + consultative sale
how - engagement
channel or partner
direct to end customer
sell with value-add partner
sell to value-add partner (creates
whole product)
sell through distribution channel
how - engagement
Using go to-market to connect new products and markets in a lean startup
Hans Baumhardt
originally published on http://www.hjbconsulting.uk/blog/using-go-to-market-to-connect-new-products-and-markets/
tech startup founder | investor | advisor
hans.baumhardt@hjbconsulting.uk
read more at blog.hansbaumhardt.com
1 of 18

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Using go to-market to connect new products and markets in a lean startup

  • 1. Using go-to-market to connect new products and markets in a lean startup
  • 2. A GtM typically defines how an organisation will deliver its awesome product proposition to a specific market. what is go-to-market ?
  • 3. A GtM typically defines how an organisation will deliver its awesome product proposition to a specific market. it's never too early to think about sales engagement process. what is go-to-market ?
  • 4. A GtM typically defines how an organisation will deliver its awesome product proposition to a specific market. in a lean startup it is iterative, just like product. evolve through validated learning as new sh1t comes to light. what is go-to-market ?
  • 5. A GtM typically defines how an organisation will deliver its awesome product proposition to a specific market. what is go-to-market ? start with product capability to find high propensity markets. start with market need to create high propensity product.
  • 6. A GtM typically defines how an organisation will deliver its awesome product proposition to a specific market. start with product capability to find high propensity markets. start with market need to create high propensity product. what is go-to-market ?
  • 7. A GtM typically defines how an organisation will deliver its awesome product proposition to a specific market. who - target people in market what - value proposition how - engagement channels what is go-to-market ?
  • 8. A GtM typically defines how an organisation will deliver its awesome product proposition to a specific market. who - target people in market what - value proposition how - engagement channels what is go-to-market ?
  • 9. what – value proposition what can you do for me ? the needs we meet, problems we fix (pain) or new capability enabled (gain).
  • 10. what – value proposition what can you do for me ? the needs we meet, problems we fix (pain) or new capability enabled (gain). why should I care ? the benefits and our usp for existing market differentiation (better, faster, cheaper) or our mission and vision to frame a new market.
  • 11. what – value proposition what can you do for me ? the needs we meet, problems we fix (pain) or new capability enabled (gain). why should I care ? the benefits and our usp for existing market differentiation (better, faster, cheaper) or our mission and vision to frame a new market. why should I believe you ? reference stories, testimonials and our credibility that create an emotional connection.
  • 12. market segment type new market - vision that frames the pains and gains of your solution. existing market - competitive differentiation. market segment maturity early adopters who understand the problem, need a vision to buy. mainstream market needs benefits and references for assurance. who - target market
  • 13. buying persona people, not faceless companies or industries benefit from solutions to their specific problems. identify the high propensity beneficiary of your proposition who suffers the pain, seeks gain. the beneficiary, user, buyer can be different in large organisations. who - target market
  • 14. b2b company profile size of business affects buying process, complexity and effort. size of business affects deal size. industry solutions help focus and target. who - target market
  • 15. engagement lead market engagement lead by sales or marketing based on value * complexity. marketing + transactional sale to relationship + consultative sale how - engagement
  • 16. channel or partner direct to end customer sell with value-add partner sell to value-add partner (creates whole product) sell through distribution channel how - engagement
  • 18. Hans Baumhardt originally published on http://www.hjbconsulting.uk/blog/using-go-to-market-to-connect-new-products-and-markets/ tech startup founder | investor | advisor hans.baumhardt@hjbconsulting.uk read more at blog.hansbaumhardt.com