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Product Mgmt Talk:
Contondo

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@ProdMgmtTalk
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Participate and Win!
Participants get access to a free download
of the brand new 2014 whitepaper :
Sales Enablement Tactics for PMs and PMMs

© AIPMM 2014

www.aipmm.com
Today’s Speakers
Moderator:

Cindy F. Solomon, CPM, CPMM
Founder, Startup Product Academy
Presenters:

Assaf Litai
Aviv Ben Zeev
Co-founders, Contondo Inc.
www.contondo.com
© AIPMM 2014

www.aipmm.com
Sales Enablement Tactics for
PMs and PMMs
AIPMM / CONTONDO / STARTUP PRODUCT ACADEMY

© 2014 Contondo Inc.
Participate and Receive!
 All participants will
receive an early
version of our new
white paper:

“Sales Enablement
Tactics for Product
Managers”.
About Contondo

Empowering product
managers to drive sales.

The Contondo toolkit helps
you establish sales
momentum for your new
product.
Agenda





An Imaginary Scenario
The Keys to Early Sales Enablement
5 Common Traps During Early Sales Enablement
Avoiding the Early Sales Enablement Traps (for PMs) –
A Demo Using Contondo
 Summary and Q&A
An Imaginary Scenario
(but based on many real stories…)
 Mike is a PM that was getting a new product to
market
 Working with PMMs, he developed stellar
messaging and executed a GTM strategy:






Created presentations
Produced product sheets
Updated all the portals
Worked on a sales enablement process and playbook
Sent out emails

 6 months after launch, of 30 sales teams, only 12
teams sell the product consistently
An Imaginary Scenario
(but based on many real stories…)
 Mike is a PM that was getting a new product to
market
 Working with PMMs, he developed stellar
messaging and executed a GTM strategy:






Created presentations
Produced product sheets
Updated all the portals
Worked on a sales enablement process and playbook
Sent out emails

 6 months after launch, of 30 sales teams, only 12
teams sell the product consistently

Mike the PM asks: Looking back, what could I have
done differently to improve the sales of my product?
The Keys to Early Sales Enablement

 Definition: “The delivery of the right information to the
right person at the right time and in the right place
necessary to move a specific sales opportunity forward.”
– IDC, 2009
 Sales Enablement is usually on your go-to-market timelines

Key Takeaway:

 In early stages it is imperative that sales enablement - Enable product sales (the obvious)
- Avoid the traps that poison sales motivation (the hidden killer)
Sales Enablement Tactics for PMs and PMMs…

5 Common Traps During
Early Sales Enablement
Trap 1: Assumptions
“When you ASSUME, you make an ASS out of U and ME” – Oscar Wilde

 Assumptions – often a necessary evil.
 But, sales teams can’t differentiate proven facts from
unproven assumptions.
 Misleading assumptions can kill sales momentum and
motivation.
Trap 2: Lack of Customer
Qualification
“Customer qualification”: determining likelihood of success
before resources are spent
 No customer qualification criteria means shotgun sales
approach – i.e. targeting wrong opportunities
 The above will result in:
 Product won’t solve customer’s problem
 Trip on traps set by competitor
 Heavy discounting

 Motivation for future sales is poisoned due to
opportunity cost – Missing quota and wasted resources
Trap 3: Using Canned Messages
 New products are accompanied by canned messages
 Canned messages often fail because they are:
 Unfocused - on the target audience
 Unfriendly –for both sales and buyers
 Of unclear value – when attempting to align with buyers
requirements
Trap 4: Mismanagement of
Referential and Competitive Data
 Managing referential and competitive data:
 Difficult to collect, classify, tag and distribute.
 Doesn’t happen by itself (email…)
 The outcome:
 Can’t leverage anecdotal evidence across
different teams
 Can’t learn quickly about competitive
situations
Trap 4: Mismanagement of
Referential and Competitive Data
 Managing referential and competitive data:
 Difficult to collect, classify, tag and distribute.
 Doesn’t happen by itself (email…)
 The outcome:
 Can’t leverage anecdotal evidence across
different teams
 Can’t learn quickly about competitive
situations
Mike the PM asks: What are the best tools to
manage referential and competitive data for new
product and feature introduction?
Trap 5: Collateral Dependence
 “Collateralizing” knowledge in nascent product
stages:





Misleading assumptions become pervasive
Good information stales quickly
Information Explosion (e.g. frequent updates)
Messaging consistency issues (e.g. field attempts to
make data relevant)

 Collateral serves as a crutch, freezing mistakes and
failing to convince customers to buy
Recap: List of Traps





Trap1:
Trap 2:
Trap 3:
Trap 4:

Assumptions
Lack of Customer Qualification
Using Canned Messages
Mismanagement of Referential and
Competitive Data
 Trap 5: Collateral Dependence
Sales Enablement Tactics for PMs and PMMs…

Tips for Avoiding the Early
Sales Enablement Traps (Demo)
Contondo Demo
Mobile Sales Enablement
Tip:
Mobile and
offline access to
new product
messaging is a
must for sales
and SE that work
in the field.

Tip:
A Sales and SE
friendly UX
solicits field
participation.
Field users have
little patience
for VPNs and
extraneous
clicks.
Contondo Demo
Scenario Based Messaging
Tip:
Knowledge
portal should be
set up like Sales
and SE think in terms of
opportunity
scenarios.
Contondo Demo
Scenario Based Messaging
Contondo Demo
Scenario Based Messaging
Contondo Demo
Scenario Based Messaging
Contondo Demo
Scenario Based Messaging
Contondo Demo
Scenario Based Messaging
Tip:
Data should be
sorted based on
the relevancy to
the scenario.

The scenario as
selected by the
salesperson or
SE

Tip:
System should
recommend
additional
helpful data.
Contondo Demo
Handling Assumptions

Tip:
Always track
your unproven
assumptions and
mark them as
such.
Contondo Demo
Handling Assumptions

Sales and SE are
prompted to
corroborate
assumptions by
voting helpful or
participate by
editing the wiki
message
Contondo Demo
Customer Qualifications
Tip:
Create customer
qualifiers that
minimize the
opportunity cost
by ensuring the
teams win the
early deals and
avoid wasting
resources.
Contondo Demo
Customer Qualifications
Tip:
Gamification (e.g.
vote trophys and
badges) helps
encourage Sales
and SE contribute
data (such as
qualifiers)

Tip:
SE are your
product’s best
representatives;
Integrate your
Knowledge
Management
with the SE
mailing list
Contondo Demo
Managing References and CI

Tip:
Getting early
feedback from
the field should
be as easy as
1-2-3
Contondo Demo
Managing References and CI

Tip:
Your systems
should share
referential and
CI feedback
instantly with all
users.
Contondo Demo
Managing References and CI

Tip:
Your systems
should share
referential and
CI feedback
instantly with all
users.
Contondo Demo
Managing References and CI
Tip:
All data must be
catalogued for
scenario
relevancy
(In this case CI)

Tip:
Your systems
should share
referential and
CI feedback
instantly with all
users.
Contondo Demo
Managing References and CI
Tip:
All data must be
catalogued for
scenario
relevancy
(In this case CI)

Tip:
Your systems
should share
referential and
CI feedback
instantly with all
users.
Contondo Demo
Managing References and CI
Tip:
All data must be
catalogued for
scenario
relevancy
(In this case CI)

Tip:
Your systems
should share
referential and
CI feedback
instantly with all
users.
Summary
Key Takeaways:
 Early sales success is critical for sales motivation
 Try to avoid deal loss by insisting on proper qualification
 Mark all unproven assumptions

 SE are the product’s main representatives
 Keep on top of requested scenario material
 Redistribute referential and CI instantly

 Focus on tailored messaging rather than on producing collateral
 Work on honing your canned messaging ASAP
 Think small sized, scenario relevant, messaging in their pockets (mobile)
About the Speakers
 Aviv Ben Zeev - Aviv Ben Zeev has over 15
years' experience working for large, global,
high-tech companies in various engineering,
sales and sales-management positions.
 Assaf Litai - A seasoned entrepreneur, Assaf
has over 20 years’ experience defining,
developing and selling various B2B products
to mid and large scale enterprises globally.
Q&A

About Contondo:
Contondo provides an innovative
knowledge management system tailored
for PM and PMMs empowering them to
drive sales for their products.

For more information contact us at:
assaf@contondo.com
aviv@contondo.com

Twitter: @ContondoMedia
Facebook: https://www.facebook.com/ContondoMedia
Linked-in: http://www.linkedin.com/company/contondo
Website: http://www.contondo.com
Q&A
Moderator:

Cindy F. Solomon, CPM, CPMM
Founder, Startup Product Academy
Presenters:

Assaf Litai
Aviv Ben Zeev
Co-founders, Contondo Inc.
www.contondo.com
© AIPMM 2014

www.aipmm.com
Download Whitepaper
New white paper

“Sales
Enablement
Tactics for
Product
Managers”.
http://startupproduct.com/contondo/

© AIPMM 2014

www.aipmm.com
Upcoming AIPMM Courses

Athens, Greece
Belgrade, Serbia

Athens, Greece

Follow the links above for more information, or contact:
certification@aipmm.com.
© AIPMM 2014

www.aipmm.com
Upcoming AIPMM Courses

Belgrade, Serbia

Follow the links above for more information, or contact:
certification@aipmm.com.
© AIPMM 2014

www.aipmm.com
Upcoming Courses
Course & Location
CPM® Certification Prep Course & Exam
Seattle, WA
McLean, VA

Dates

Days

Time

May 5-6, 2014
June 9-10, 2014

M, T

8:30 am – 5 pm

CPMM® Certification Prep Course & Exam
Seattle, WA
May 7-8, 2014
W, Th 8:30 am – 5 pm
McLean, VA
June 11-12, 2014
ACPM® Certification Prep Course & Exam
Seattle, WA
McLean, VA

May 9, 2014
June 13, 2014

F

8:30 am – 5 pm

For more information, contact
Hector Del Castillo at hmdelcastillo@aipmm.com.
© AIPMM 2014

www.aipmm.com
Please Join Us Again!
Innovate for Growth and Price for Profits
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Improve Product Design Through Gamification

Mar 14th, 12 pm ET
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How New Sales Enablement Tactics Speed Up Enterprise Product Sales

  • 1. AIPMM Webinar Series www.aipmm.com © AIPMM 2014 www.aipmm.com
  • 3. AIPMM Certifications AIPMM offers globally recognized certifications: • Certified Product Manager (CPM®) • Certified Product Marketing Manager (CPMM®) • Agile Certified Product Manager (ACPM®) • Certified Innovation Leader (CIL®) • Certified Brand Manager (CBM®) © AIPMM 2014 www.aipmm.com
  • 4. Tweet! Hashtags Follow AIPMM Product Mgmt Talk: Contondo © AIPMM 2014 #AIPMM #ProdBOK @AIPMM @ProdMgmtTalk @Contondomedia www.aipmm.com
  • 5. Participate and Win! Participants get access to a free download of the brand new 2014 whitepaper : Sales Enablement Tactics for PMs and PMMs © AIPMM 2014 www.aipmm.com
  • 6. Today’s Speakers Moderator: Cindy F. Solomon, CPM, CPMM Founder, Startup Product Academy Presenters: Assaf Litai Aviv Ben Zeev Co-founders, Contondo Inc. www.contondo.com © AIPMM 2014 www.aipmm.com
  • 7. Sales Enablement Tactics for PMs and PMMs AIPMM / CONTONDO / STARTUP PRODUCT ACADEMY © 2014 Contondo Inc.
  • 8. Participate and Receive!  All participants will receive an early version of our new white paper: “Sales Enablement Tactics for Product Managers”.
  • 9. About Contondo Empowering product managers to drive sales. The Contondo toolkit helps you establish sales momentum for your new product.
  • 10. Agenda     An Imaginary Scenario The Keys to Early Sales Enablement 5 Common Traps During Early Sales Enablement Avoiding the Early Sales Enablement Traps (for PMs) – A Demo Using Contondo  Summary and Q&A
  • 11. An Imaginary Scenario (but based on many real stories…)  Mike is a PM that was getting a new product to market  Working with PMMs, he developed stellar messaging and executed a GTM strategy:      Created presentations Produced product sheets Updated all the portals Worked on a sales enablement process and playbook Sent out emails  6 months after launch, of 30 sales teams, only 12 teams sell the product consistently
  • 12. An Imaginary Scenario (but based on many real stories…)  Mike is a PM that was getting a new product to market  Working with PMMs, he developed stellar messaging and executed a GTM strategy:      Created presentations Produced product sheets Updated all the portals Worked on a sales enablement process and playbook Sent out emails  6 months after launch, of 30 sales teams, only 12 teams sell the product consistently Mike the PM asks: Looking back, what could I have done differently to improve the sales of my product?
  • 13. The Keys to Early Sales Enablement  Definition: “The delivery of the right information to the right person at the right time and in the right place necessary to move a specific sales opportunity forward.” – IDC, 2009  Sales Enablement is usually on your go-to-market timelines Key Takeaway:  In early stages it is imperative that sales enablement - Enable product sales (the obvious) - Avoid the traps that poison sales motivation (the hidden killer)
  • 14. Sales Enablement Tactics for PMs and PMMs… 5 Common Traps During Early Sales Enablement
  • 15. Trap 1: Assumptions “When you ASSUME, you make an ASS out of U and ME” – Oscar Wilde  Assumptions – often a necessary evil.  But, sales teams can’t differentiate proven facts from unproven assumptions.  Misleading assumptions can kill sales momentum and motivation.
  • 16. Trap 2: Lack of Customer Qualification “Customer qualification”: determining likelihood of success before resources are spent  No customer qualification criteria means shotgun sales approach – i.e. targeting wrong opportunities  The above will result in:  Product won’t solve customer’s problem  Trip on traps set by competitor  Heavy discounting  Motivation for future sales is poisoned due to opportunity cost – Missing quota and wasted resources
  • 17. Trap 3: Using Canned Messages  New products are accompanied by canned messages  Canned messages often fail because they are:  Unfocused - on the target audience  Unfriendly –for both sales and buyers  Of unclear value – when attempting to align with buyers requirements
  • 18. Trap 4: Mismanagement of Referential and Competitive Data  Managing referential and competitive data:  Difficult to collect, classify, tag and distribute.  Doesn’t happen by itself (email…)  The outcome:  Can’t leverage anecdotal evidence across different teams  Can’t learn quickly about competitive situations
  • 19. Trap 4: Mismanagement of Referential and Competitive Data  Managing referential and competitive data:  Difficult to collect, classify, tag and distribute.  Doesn’t happen by itself (email…)  The outcome:  Can’t leverage anecdotal evidence across different teams  Can’t learn quickly about competitive situations Mike the PM asks: What are the best tools to manage referential and competitive data for new product and feature introduction?
  • 20. Trap 5: Collateral Dependence  “Collateralizing” knowledge in nascent product stages:     Misleading assumptions become pervasive Good information stales quickly Information Explosion (e.g. frequent updates) Messaging consistency issues (e.g. field attempts to make data relevant)  Collateral serves as a crutch, freezing mistakes and failing to convince customers to buy
  • 21. Recap: List of Traps     Trap1: Trap 2: Trap 3: Trap 4: Assumptions Lack of Customer Qualification Using Canned Messages Mismanagement of Referential and Competitive Data  Trap 5: Collateral Dependence
  • 22. Sales Enablement Tactics for PMs and PMMs… Tips for Avoiding the Early Sales Enablement Traps (Demo)
  • 23. Contondo Demo Mobile Sales Enablement Tip: Mobile and offline access to new product messaging is a must for sales and SE that work in the field. Tip: A Sales and SE friendly UX solicits field participation. Field users have little patience for VPNs and extraneous clicks.
  • 24. Contondo Demo Scenario Based Messaging Tip: Knowledge portal should be set up like Sales and SE think in terms of opportunity scenarios.
  • 29. Contondo Demo Scenario Based Messaging Tip: Data should be sorted based on the relevancy to the scenario. The scenario as selected by the salesperson or SE Tip: System should recommend additional helpful data.
  • 30. Contondo Demo Handling Assumptions Tip: Always track your unproven assumptions and mark them as such.
  • 31. Contondo Demo Handling Assumptions Sales and SE are prompted to corroborate assumptions by voting helpful or participate by editing the wiki message
  • 32. Contondo Demo Customer Qualifications Tip: Create customer qualifiers that minimize the opportunity cost by ensuring the teams win the early deals and avoid wasting resources.
  • 33. Contondo Demo Customer Qualifications Tip: Gamification (e.g. vote trophys and badges) helps encourage Sales and SE contribute data (such as qualifiers) Tip: SE are your product’s best representatives; Integrate your Knowledge Management with the SE mailing list
  • 34. Contondo Demo Managing References and CI Tip: Getting early feedback from the field should be as easy as 1-2-3
  • 35. Contondo Demo Managing References and CI Tip: Your systems should share referential and CI feedback instantly with all users.
  • 36. Contondo Demo Managing References and CI Tip: Your systems should share referential and CI feedback instantly with all users.
  • 37. Contondo Demo Managing References and CI Tip: All data must be catalogued for scenario relevancy (In this case CI) Tip: Your systems should share referential and CI feedback instantly with all users.
  • 38. Contondo Demo Managing References and CI Tip: All data must be catalogued for scenario relevancy (In this case CI) Tip: Your systems should share referential and CI feedback instantly with all users.
  • 39. Contondo Demo Managing References and CI Tip: All data must be catalogued for scenario relevancy (In this case CI) Tip: Your systems should share referential and CI feedback instantly with all users.
  • 40. Summary Key Takeaways:  Early sales success is critical for sales motivation  Try to avoid deal loss by insisting on proper qualification  Mark all unproven assumptions  SE are the product’s main representatives  Keep on top of requested scenario material  Redistribute referential and CI instantly  Focus on tailored messaging rather than on producing collateral  Work on honing your canned messaging ASAP  Think small sized, scenario relevant, messaging in their pockets (mobile)
  • 41. About the Speakers  Aviv Ben Zeev - Aviv Ben Zeev has over 15 years' experience working for large, global, high-tech companies in various engineering, sales and sales-management positions.  Assaf Litai - A seasoned entrepreneur, Assaf has over 20 years’ experience defining, developing and selling various B2B products to mid and large scale enterprises globally.
  • 42. Q&A About Contondo: Contondo provides an innovative knowledge management system tailored for PM and PMMs empowering them to drive sales for their products. For more information contact us at: assaf@contondo.com aviv@contondo.com Twitter: @ContondoMedia Facebook: https://www.facebook.com/ContondoMedia Linked-in: http://www.linkedin.com/company/contondo Website: http://www.contondo.com
  • 43. Q&A Moderator: Cindy F. Solomon, CPM, CPMM Founder, Startup Product Academy Presenters: Assaf Litai Aviv Ben Zeev Co-founders, Contondo Inc. www.contondo.com © AIPMM 2014 www.aipmm.com
  • 44. Download Whitepaper New white paper “Sales Enablement Tactics for Product Managers”. http://startupproduct.com/contondo/ © AIPMM 2014 www.aipmm.com
  • 45. Upcoming AIPMM Courses Athens, Greece Belgrade, Serbia Athens, Greece Follow the links above for more information, or contact: certification@aipmm.com. © AIPMM 2014 www.aipmm.com
  • 46. Upcoming AIPMM Courses Belgrade, Serbia Follow the links above for more information, or contact: certification@aipmm.com. © AIPMM 2014 www.aipmm.com
  • 47. Upcoming Courses Course & Location CPM® Certification Prep Course & Exam Seattle, WA McLean, VA Dates Days Time May 5-6, 2014 June 9-10, 2014 M, T 8:30 am – 5 pm CPMM® Certification Prep Course & Exam Seattle, WA May 7-8, 2014 W, Th 8:30 am – 5 pm McLean, VA June 11-12, 2014 ACPM® Certification Prep Course & Exam Seattle, WA McLean, VA May 9, 2014 June 13, 2014 F 8:30 am – 5 pm For more information, contact Hector Del Castillo at hmdelcastillo@aipmm.com. © AIPMM 2014 www.aipmm.com
  • 48. Please Join Us Again! Innovate for Growth and Price for Profits 9 Things Exceptional Product Team Managers Do Improve Product Design Through Gamification Mar 14th, 12 pm ET March 21, 12 pm ET Mar 28th, 12 pm ET AIPMM Webinar Series: http://aipmm.com/aipmm_webinars Global Product Management Talk http://www.blogtalkradio.com/prodmgmttalk Announcements: http://www.aipmm.com/subscribe Call For Speakers: http://www.boldpm.com/call_for_speakers LinkedIn: http://www.linkedin.com/company/aipmm Membership: http://www.aipmm.com/join.php Certification: http://aipmm.com/html/certification/ © AIPMM 2014 www.aipmm.com