Disruptive
GTMStrategies
Sunder Madakshira
Head Marketing, EdgeVerve, An Infosys Company
What went wrong with
KODAK
The Agenda
o The Elements of a GTM
o Building a Disruptive One
o Disruption Rules and Hooks
o STP
o Measures of Success
Essential Components of a
Go-to-Market Plan8
Business Summary
Product Strategy
Channel Strategy
Marketing Strategy
Customer Experience
Technical Requirements
Evaluation
So What is a Go-To-Market Strategy?
New Thing
Customers
So what is a
Go-To-Market Strategy?
New Thing
Customers
WebsiteMobile Affiliates
JointVentures Collaborators Distributors
Channel
Partners
Technology
Partners
Product
Partners
So what is a
Go-To-Market Strategy?
WebsiteMobile Affiliates
JointVentures Collaborators Distributors
Channel
Partners
Technology
Partners
Product
Partners
New Thing Customers
How do we get from here…
New Thing Customers
To here...
Website Affiliates
Channel
Partners
Technology
Partners
An effective go-to-market
system is the missing link
between a company’s
strategy—its decisions about
where to compete and how
to win—and the exceptional
customer experiences that
are the ultimate path to
success.
Source: Bain and Company
A go-to market system builds customer advocacy by creating a superior customer experience
Point of departure Go-to-market system Point of arrival
Business unit strategy Design Delivery Customer experience
 Where to paly
 How to win
 Full-potential
roadmap
 Identify the most
attractive target
segments and their
needs
 Design better value
propositions than
the competition
 Acquire more
attractive
customers
 Grow share of
wallet with existing
customers Exceeding expectations
creates advocates who...
 Stay longer
 Buy more
 Refer more
 Cost less to serve
 Provide richfeedback
Disruptive GTM strategy
An effectively integrated go-
to-market strategy
comprises dozens of
capabilities that, together,
build a bridge between a
company’s strategy and the
exceptional customer
experiences that are the
ultimate driver of customer
advocacy and loyalty
 Strategic
fact base
 Evaluation
of choices
 Mobilization
Go-to-Marketsystem
OfferingMessagingSales&support
 Customer
segmentati
on
 Customer
Insights
 Market &
competitive
 Offering
definition
 Customer
messaging
definition
 Definition
of sales &
support
model
 Category management
 Portfolio/lifecycle management
 Productdevelopment
 Pricing strategy
 Productpricing
 Pricing tactics
 Branding
 Category marketing
 Demand generation
 Channel mix
 Targeted offering
 Resource deployment
 Tools
 Performance
management
 Customer support
 Process improvements & innovation
Enablers: Organization, decisionroles, metrics, culture, IT, innovationsand so on
Closed
loop
feedback
system
Business unit
strategy
Design capabilities Delivery capabilities
Customer
experience
Product/service management
Pricing
Branding & marketing
Salesforce & channel management
Post-sales support
Desired Capabilities in a Disruptive GTM
Beginning with the basics-STP
This is an audience rather than product
focused approach to communications which
helps deliver more relevant messages to
commercially appealing audiences.
STPis relevant to digital marketing too,
where applying marketing personas can help
develop more relevant digital communications.
In addition, STPfocuses on commercial
effectiveness, selecting the most valuable
segments for a business and then developing
a marketing mix and product positioning
strategy for each segment.
VirginHolidays,
segmentholidaysinto6 groups.
Market Segmentation
Targeting-
Select the
Target Market
Product
Positioning
Decide on the
Optimal
Marketing Mix
Hotels so stylish, they're
destinations in their own night. Our
Guru offer you a personalised
service to bring all the elements of
your holiday together.
Call today on 0844 573 2451
Make more of your holiday by
adding a cruise to your stay.
Wherever in the world floats your
boat, we'll find the perfectcruise
holiday that's just right for you. Call
today on 0844 488 1828
Experience a touring holidays with a
virgin twist. With our knowledgeable
staff and expertguides, you will be
in safe hands, experiencing the
culture and spectacular sights.
Call today on 0844 488 3405
Experts in affordable, quality
holidays to Florida. Their Price
Match Promise is Guaranteed,
making your budgetgo a lot further.
Experience some ofworld’s most
inspiring journey’s with pioneers in
authentic luxury travel for 65 years.
Call us today on 0844 488 3404. Sample real local flavour and go on
truly authentic adventures that take
steps to look after the environment
and take you away from the crowds.
Evaluate
technology—
especially
outside of
your
Don’t wait for
disruption to
start nipping
at your heals
Watch your
competition
like a hawk
Keep a finger
on the pulse
of your
customers
Disruption Rules
Go to Market
Disruptive Hooks
List below refers to what’s needed to evaluate the potential and commercial attractiveness of each
segment.
Criteria Size: The market must be large enough to justify segmenting. If the market is small, it may make
it smaller.
Difference: Measurable differences must exist between segments.
Money:Anticipated profits must exceed the costs of additional marketing plans and other changes.
Accessible: Each segment must be accessible to your team and the segment must be able to receive
your marketing messages
Focus on different benefits: Different segments must need different benefits.
Targeting
Positioning maps are
the last element of the
STP process
Product positioning
Illustrations of successful
disruptive GTMs
Google: Took another “Moonshot”, it’s self-driving car. Pioneering
Apple: with 500 stores, its among the top 20 retailers with a revenue
of 25 B USD.If we add the online channel, its 53 B USD
Facebook: The new face of mobile too. Claims 20% of our time on
mobile devices.
Amazon: 4th largest apparel retailer in USwith a 16 B USD
revenue, ahead of companies like Gap, JC Penny, Nordstrom etc.
Clothes with a free return model, a logistics arbitrage ensured
Measuring success of a
disruptive GTM
The way is by determining
how an initiative or project
will help a company come
closer to realizing its
objectives and achieving
its corporate goals.
Goals or objectives.
Segmentation Metrics Alignment with key
corporate objectives:
The goal of these
projects is to improve
capital efficiency by
boosting the
effectiveness and
efficiency of GTM
processes.
Buyer Insights Metrics
Alignment with key
corporate objectives:
The goal of these
projects is to make
processes repeatable
and scalable,
improving efficiency
and effectiveness of
GTM processes.
Marketing Channel Metrics
Alignment with key
corporate objectives:
Operation
improvement,
capital efficiency,
market coverage
Google’s Go-to-Market
GOOGLE= BEST
“We don’t always produce what people want,” “It’s really
difficult. To do that you have to be smart—you have to
understand everything in the world. In computer science,
we call that artificial intelligence.” Larry Page
“We want Google to be as smart as you—you should be
getting an answer the minute you think of it.” Brin
In Summary
• GTM provides clarity and points to avenues for disruption
• Estimating the extent of disruption is critical
• Do not ASS U ME. Explore every element
• Prevent self-disruption
Thank You
&
Happy Holidays
Sunder_mp2000@yahoo.com
Weblog: www.madakshira.com
Twitter: @sundermp
Facebook/LinkedIn: Sunder Madakshira

Disruptive Go To Market Strategies (GTM)

  • 1.
  • 2.
    What went wrongwith KODAK
  • 3.
    The Agenda o TheElements of a GTM o Building a Disruptive One o Disruption Rules and Hooks o STP o Measures of Success
  • 4.
    Essential Components ofa Go-to-Market Plan8 Business Summary Product Strategy Channel Strategy Marketing Strategy Customer Experience Technical Requirements Evaluation So What is a Go-To-Market Strategy?
  • 5.
    New Thing Customers So whatis a Go-To-Market Strategy?
  • 6.
    New Thing Customers WebsiteMobile Affiliates JointVenturesCollaborators Distributors Channel Partners Technology Partners Product Partners So what is a Go-To-Market Strategy?
  • 7.
    WebsiteMobile Affiliates JointVentures CollaboratorsDistributors Channel Partners Technology Partners Product Partners New Thing Customers How do we get from here…
  • 8.
    New Thing Customers Tohere... Website Affiliates Channel Partners Technology Partners
  • 9.
    An effective go-to-market systemis the missing link between a company’s strategy—its decisions about where to compete and how to win—and the exceptional customer experiences that are the ultimate path to success. Source: Bain and Company A go-to market system builds customer advocacy by creating a superior customer experience Point of departure Go-to-market system Point of arrival Business unit strategy Design Delivery Customer experience  Where to paly  How to win  Full-potential roadmap  Identify the most attractive target segments and their needs  Design better value propositions than the competition  Acquire more attractive customers  Grow share of wallet with existing customers Exceeding expectations creates advocates who...  Stay longer  Buy more  Refer more  Cost less to serve  Provide richfeedback Disruptive GTM strategy
  • 10.
    An effectively integratedgo- to-market strategy comprises dozens of capabilities that, together, build a bridge between a company’s strategy and the exceptional customer experiences that are the ultimate driver of customer advocacy and loyalty  Strategic fact base  Evaluation of choices  Mobilization Go-to-Marketsystem OfferingMessagingSales&support  Customer segmentati on  Customer Insights  Market & competitive  Offering definition  Customer messaging definition  Definition of sales & support model  Category management  Portfolio/lifecycle management  Productdevelopment  Pricing strategy  Productpricing  Pricing tactics  Branding  Category marketing  Demand generation  Channel mix  Targeted offering  Resource deployment  Tools  Performance management  Customer support  Process improvements & innovation Enablers: Organization, decisionroles, metrics, culture, IT, innovationsand so on Closed loop feedback system Business unit strategy Design capabilities Delivery capabilities Customer experience Product/service management Pricing Branding & marketing Salesforce & channel management Post-sales support Desired Capabilities in a Disruptive GTM
  • 11.
    Beginning with thebasics-STP This is an audience rather than product focused approach to communications which helps deliver more relevant messages to commercially appealing audiences. STPis relevant to digital marketing too, where applying marketing personas can help develop more relevant digital communications. In addition, STPfocuses on commercial effectiveness, selecting the most valuable segments for a business and then developing a marketing mix and product positioning strategy for each segment. VirginHolidays, segmentholidaysinto6 groups. Market Segmentation Targeting- Select the Target Market Product Positioning Decide on the Optimal Marketing Mix Hotels so stylish, they're destinations in their own night. Our Guru offer you a personalised service to bring all the elements of your holiday together. Call today on 0844 573 2451 Make more of your holiday by adding a cruise to your stay. Wherever in the world floats your boat, we'll find the perfectcruise holiday that's just right for you. Call today on 0844 488 1828 Experience a touring holidays with a virgin twist. With our knowledgeable staff and expertguides, you will be in safe hands, experiencing the culture and spectacular sights. Call today on 0844 488 3405 Experts in affordable, quality holidays to Florida. Their Price Match Promise is Guaranteed, making your budgetgo a lot further. Experience some ofworld’s most inspiring journey’s with pioneers in authentic luxury travel for 65 years. Call us today on 0844 488 3404. Sample real local flavour and go on truly authentic adventures that take steps to look after the environment and take you away from the crowds.
  • 12.
    Evaluate technology— especially outside of your Don’t waitfor disruption to start nipping at your heals Watch your competition like a hawk Keep a finger on the pulse of your customers Disruption Rules
  • 13.
  • 14.
    List below refersto what’s needed to evaluate the potential and commercial attractiveness of each segment. Criteria Size: The market must be large enough to justify segmenting. If the market is small, it may make it smaller. Difference: Measurable differences must exist between segments. Money:Anticipated profits must exceed the costs of additional marketing plans and other changes. Accessible: Each segment must be accessible to your team and the segment must be able to receive your marketing messages Focus on different benefits: Different segments must need different benefits. Targeting
  • 15.
    Positioning maps are thelast element of the STP process Product positioning
  • 16.
    Illustrations of successful disruptiveGTMs Google: Took another “Moonshot”, it’s self-driving car. Pioneering Apple: with 500 stores, its among the top 20 retailers with a revenue of 25 B USD.If we add the online channel, its 53 B USD Facebook: The new face of mobile too. Claims 20% of our time on mobile devices. Amazon: 4th largest apparel retailer in USwith a 16 B USD revenue, ahead of companies like Gap, JC Penny, Nordstrom etc. Clothes with a free return model, a logistics arbitrage ensured
  • 17.
    Measuring success ofa disruptive GTM The way is by determining how an initiative or project will help a company come closer to realizing its objectives and achieving its corporate goals. Goals or objectives.
  • 18.
    Segmentation Metrics Alignmentwith key corporate objectives: The goal of these projects is to improve capital efficiency by boosting the effectiveness and efficiency of GTM processes.
  • 19.
    Buyer Insights Metrics Alignmentwith key corporate objectives: The goal of these projects is to make processes repeatable and scalable, improving efficiency and effectiveness of GTM processes.
  • 20.
    Marketing Channel Metrics Alignmentwith key corporate objectives: Operation improvement, capital efficiency, market coverage
  • 21.
    Google’s Go-to-Market GOOGLE= BEST “Wedon’t always produce what people want,” “It’s really difficult. To do that you have to be smart—you have to understand everything in the world. In computer science, we call that artificial intelligence.” Larry Page “We want Google to be as smart as you—you should be getting an answer the minute you think of it.” Brin
  • 22.
    In Summary • GTMprovides clarity and points to avenues for disruption • Estimating the extent of disruption is critical • Do not ASS U ME. Explore every element • Prevent self-disruption
  • 23.
    Thank You & Happy Holidays Sunder_mp2000@yahoo.com Weblog:www.madakshira.com Twitter: @sundermp Facebook/LinkedIn: Sunder Madakshira