Driving Product Success
The Goldmine of Customer Insight

           Collaborate | Innovate | Succeed   SM




                                                   Marketing Mechanics © 2013
Premise
 “It is the customer who determines what a business is. For it is the
  customer … who through being willing to pay for a good or service,
  converts economic resources into wealth, things into goods.”
 Peter Drucker

 “It turns out to be really hard in practice to base all marketplace
  decisions firmly and clearly on insights into what customers value and
  how customers behave.”
 Barbara E. Bund




Collaborate | Innovate | SucceedS M                        Marketing Mechanics © 2013   2
Today’s Topics
 • BriefIntroduction to Marketing Mechanics
 • The Challenge: Driving Product Success
 • The Organizational View: Customer Centric
     • Who       is the customer anyway?
 • Context:               Through the Eyes of Your Customer
     • Customer Market and Business Views
     • Customer Lifecycle and Experience
     • User Workflow
     • User Experience




Collaborate | Innovate | SucceedS M                       Marketing Mechanics © 2013   3
Marketing Mechanics: Product
                                      Philosophy
Value, not Technology
                                                         Finance            Partners




 Focus on delivering
                                                                                    Service &
                                                     Sales
                                                                                     Support
                                                                 CUSTOMERS


 value to customers                                  Marketing                  Operations


                                                                 Engineering



                                                               The Wheel of Value
                                                        Marketing Mechanics © 2005 - 2013




Collaborate | Innovate | SucceedS M                                     Marketing Mechanics © 2013   4
The Challenge: Driving Product
                                      Success


 • How           does your organization define success?
 • How           does your organization measure success?
 • Who           owns product success?




Collaborate | Innovate | SucceedS M                          Marketing Mechanics © 2013   5
The Organizational View:
                                      Customer Centric

 • Who is the customer,                                  Finance            Partners

   anyway?
                                                                                    Service &
                                                     Sales
 • Whose                view matters?                            CUSTOMERS
                                                                                     Support



                                                     Marketing                  Operations


                                                                 Engineering



                                                               The Wheel of Value
                                                        Marketing Mechanics © 2005 - 2013




Collaborate | Innovate | SucceedS M                                     Marketing Mechanics © 2013   6
Context: Through the Eyes of the
                                      Customer
Customer Market and Business Views
 • What          market is your customer in? What are their business
   priorities?
 • Who         are their customers and what value do they deliver to
   those customers?
 • Who         is their competition?
 • Who         are their partners?
 • What          trends impact their business success?

Collaborate | Innovate | SucceedS M                          Marketing Mechanics © 2013   7
Context: Through the Eyes of the
                                      Customer
Lifecycle and Experience

                                                             Sales
                                                     s      Contact
                                                  nes
                                                re




                                                                       Pr view
                                              wa




                                                                         Re
                                                                         od
                                             A




                                                                            uc
                                                                              t
                                              or t
                                           up tac
                                                t
                                          S n




                                                                      E s
                                             p
                                           Co




                                                                       ng ine
                                                                       Bu
                                                                         ag ss
                                                                           e
                                                          Use
                                                                t
                                                         Produc




Collaborate | Innovate | SucceedS M                                           Marketing Mechanics © 2013   8
Context: Through the Eyes of the
                                      Customer
User Workflow
 Understand the context within which the customer/user performs tasks,
   reaches goals.
 • What are the users’ goals? Strategic, tactical, personal, business, etc.
 • Who participates (who does your user interact with towards achieving

   goals?)
 • What steps are taken, processes used to achieve goals?



 Extras
 • Map your solutions to workflow to find gaps and other opportunities for growth
 • Map your competitors’ solutions to workflow to assess strengths and

   weaknesses



Collaborate | Innovate | SucceedS M                               Marketing Mechanics © 2013   9
Category Coverage




                                                                       DAM
                                         Multi-format Support

                                         DAM Meta-data

                                         Asset Storage

                                         CDN Integration




                                                                       Ingest, Preparation,
                                         Category Coverage

                                         DRM Support




   Collaborate | Innovate | SucceedS M
                                         Distribution Policy Admin.



                                                                      Distribution

                                                                      Management
                                                                      Policy & Rights
                                         Watermarking


                                         Category Coverage

                                         Flexible business models

                                         Settlement.

                                         Revenue sharing
                                                                                                                                         Customer




                                          Ad integration
                                                                                       Commerce Support




                                          Brandable Player


                                         Category Coverage

                                         Adaptability
                                                                                                          User Workflow: Digital Video




                                          Delivery Methods

                                          File Formats

                                         Delivery platforms/
                                         infrastructure

                                         DAM Integration
                                                                       Delivery / Distribution




                                         Geographic Filter (GeoIP)


                                          Delivery Meta-data

                                          Content Hosting

                                          Searchable Catalog

                                         Category Coverage

                                         User Experience metadata

                                         Content Performance
                                                                                                                                         Context: Through the Eyes of the




Marketing Mechanics © 2013
                                                                      Analytics
                                                                      Reporting/




                                         Ad Performance
10
Context: Through the Eyes of the
                                      Customer
User Workflow: 3 – 5 major phases
  Who                                                                                What is
  participates?                                                                      accomplished?
  What are                                                                           What is the
  their roles?                                                                       end-goal?

  •Platform
                                        Info, data,
  engineer              Phase 1
                                        documents
                                                      Phase 2          Phase N
  •Hardware                             transferred
                        •Tasks          to next       •Tasks           •Tasks
  engineer              •Decisions      phase         •Decisions       •Decisions
  •Legal                                                           …
  •Etc.




Collaborate | Innovate | SucceedS M                                                 Marketing Mechanics © 2013   11
Context: Through the Eyes of the
                                             Customer
User Experience
 •   a broad term used to explain all aspects of a person’s experience with
     the system, including the interface, graphics, industrial design,
     physical interaction, and the manual.[1]

 •   It also refers to the application of user-centered design practices to
     generate cohesive, predictive and desirable designs based on holistic
     consideration of users’ experience.[2]




Wikipedia http://en.wikipedia.org/wiki/User_experience_design
[1] Peter Merholz (2007). "Peter in Conversation with Don Norman About UX & Innovation". Adaptive Path
[2]"What is user experience design?". IBM.




Collaborate | Innovate | SucceedS M                                                                      Marketing Mechanics © 2013   12
Context: Through the Eyes of the
                                      Customer
Research
 Goal: Test hypothesis

 •Develop   hypothesis
 •Identify best methodologies for test
 •Work with organization to define test




Collaborate | Innovate | SucceedS M                          Marketing Mechanics © 2013   13
Context: Through the Eyes of the
                                      Customer
Methodologies
 Programmatic                                    Sources
 •Advisoryboards                                 •Existing   customers
 •User conferences                               •Panels
 •Community                                      •Target
                                                      customers
 Occasional and Regular                          •Community

 •Surveys
 •Interviews
 •Focus Groups
 •NetPromoter



Collaborate | Innovate | SucceedS M                                 Marketing Mechanics © 2013   14
Drive Product Success


Organization focus on
 • Customer  delight across all value touchpoints
 • A broader scope for high-value innovation
 • Greater business success




Collaborate | Innovate | SucceedS M                           Marketing Mechanics © 2013   15
Marketing Mechanics

 Differentiators
 •Thought-leadership
 •Exceptional problem-solving skills
 •An extensive network of product professionals
 •Frameworks and methodologies for driving product

 success
 Deliverables
 •Research for customer and market understanding
 •Customized, built-to-fit processes and programs

 •Team development and training in all aspects of product

 management
 Experience
 •Clients include start-ups to $multi-billion in revenues, in

 diverse markets and technologies

Collaborate | Innovate | SucceedS M                             Marketing Mechanics © 2013   16
Ellen Grace Henson
 egh@mktgmech.com
 408 835 2577




Collaborate | Innovate | SucceedS M   Marketing Mechanics © 2013   17

Goldmine of Customer Insight 20130326

  • 1.
    Driving Product Success TheGoldmine of Customer Insight Collaborate | Innovate | Succeed SM Marketing Mechanics © 2013
  • 2.
    Premise “It isthe customer who determines what a business is. For it is the customer … who through being willing to pay for a good or service, converts economic resources into wealth, things into goods.” Peter Drucker “It turns out to be really hard in practice to base all marketplace decisions firmly and clearly on insights into what customers value and how customers behave.” Barbara E. Bund Collaborate | Innovate | SucceedS M Marketing Mechanics © 2013 2
  • 3.
    Today’s Topics •BriefIntroduction to Marketing Mechanics • The Challenge: Driving Product Success • The Organizational View: Customer Centric • Who is the customer anyway? • Context: Through the Eyes of Your Customer • Customer Market and Business Views • Customer Lifecycle and Experience • User Workflow • User Experience Collaborate | Innovate | SucceedS M Marketing Mechanics © 2013 3
  • 4.
    Marketing Mechanics: Product Philosophy Value, not Technology Finance Partners Focus on delivering Service & Sales Support CUSTOMERS value to customers Marketing Operations Engineering The Wheel of Value Marketing Mechanics © 2005 - 2013 Collaborate | Innovate | SucceedS M Marketing Mechanics © 2013 4
  • 5.
    The Challenge: DrivingProduct Success • How does your organization define success? • How does your organization measure success? • Who owns product success? Collaborate | Innovate | SucceedS M Marketing Mechanics © 2013 5
  • 6.
    The Organizational View: Customer Centric • Who is the customer, Finance Partners anyway? Service & Sales • Whose view matters? CUSTOMERS Support Marketing Operations Engineering The Wheel of Value Marketing Mechanics © 2005 - 2013 Collaborate | Innovate | SucceedS M Marketing Mechanics © 2013 6
  • 7.
    Context: Through theEyes of the Customer Customer Market and Business Views • What market is your customer in? What are their business priorities? • Who are their customers and what value do they deliver to those customers? • Who is their competition? • Who are their partners? • What trends impact their business success? Collaborate | Innovate | SucceedS M Marketing Mechanics © 2013 7
  • 8.
    Context: Through theEyes of the Customer Lifecycle and Experience Sales s Contact nes re Pr view wa Re od A uc t or t up tac t S n E s p Co ng ine Bu ag ss e Use t Produc Collaborate | Innovate | SucceedS M Marketing Mechanics © 2013 8
  • 9.
    Context: Through theEyes of the Customer User Workflow Understand the context within which the customer/user performs tasks, reaches goals. • What are the users’ goals? Strategic, tactical, personal, business, etc. • Who participates (who does your user interact with towards achieving goals?) • What steps are taken, processes used to achieve goals? Extras • Map your solutions to workflow to find gaps and other opportunities for growth • Map your competitors’ solutions to workflow to assess strengths and weaknesses Collaborate | Innovate | SucceedS M Marketing Mechanics © 2013 9
  • 10.
    Category Coverage DAM Multi-format Support DAM Meta-data Asset Storage CDN Integration Ingest, Preparation, Category Coverage DRM Support Collaborate | Innovate | SucceedS M Distribution Policy Admin. Distribution Management Policy & Rights Watermarking Category Coverage Flexible business models Settlement. Revenue sharing Customer Ad integration Commerce Support Brandable Player Category Coverage Adaptability User Workflow: Digital Video Delivery Methods File Formats Delivery platforms/ infrastructure DAM Integration Delivery / Distribution Geographic Filter (GeoIP) Delivery Meta-data Content Hosting Searchable Catalog Category Coverage User Experience metadata Content Performance Context: Through the Eyes of the Marketing Mechanics © 2013 Analytics Reporting/ Ad Performance 10
  • 11.
    Context: Through theEyes of the Customer User Workflow: 3 – 5 major phases Who What is participates? accomplished? What are What is the their roles? end-goal? •Platform Info, data, engineer Phase 1 documents Phase 2 Phase N •Hardware transferred •Tasks to next •Tasks •Tasks engineer •Decisions phase •Decisions •Decisions •Legal … •Etc. Collaborate | Innovate | SucceedS M Marketing Mechanics © 2013 11
  • 12.
    Context: Through theEyes of the Customer User Experience • a broad term used to explain all aspects of a person’s experience with the system, including the interface, graphics, industrial design, physical interaction, and the manual.[1] • It also refers to the application of user-centered design practices to generate cohesive, predictive and desirable designs based on holistic consideration of users’ experience.[2] Wikipedia http://en.wikipedia.org/wiki/User_experience_design [1] Peter Merholz (2007). "Peter in Conversation with Don Norman About UX & Innovation". Adaptive Path [2]"What is user experience design?". IBM. Collaborate | Innovate | SucceedS M Marketing Mechanics © 2013 12
  • 13.
    Context: Through theEyes of the Customer Research Goal: Test hypothesis •Develop hypothesis •Identify best methodologies for test •Work with organization to define test Collaborate | Innovate | SucceedS M Marketing Mechanics © 2013 13
  • 14.
    Context: Through theEyes of the Customer Methodologies Programmatic Sources •Advisoryboards •Existing customers •User conferences •Panels •Community •Target customers Occasional and Regular •Community •Surveys •Interviews •Focus Groups •NetPromoter Collaborate | Innovate | SucceedS M Marketing Mechanics © 2013 14
  • 15.
    Drive Product Success Organizationfocus on • Customer delight across all value touchpoints • A broader scope for high-value innovation • Greater business success Collaborate | Innovate | SucceedS M Marketing Mechanics © 2013 15
  • 16.
    Marketing Mechanics Differentiators •Thought-leadership •Exceptional problem-solving skills •An extensive network of product professionals •Frameworks and methodologies for driving product success Deliverables •Research for customer and market understanding •Customized, built-to-fit processes and programs •Team development and training in all aspects of product management Experience •Clients include start-ups to $multi-billion in revenues, in diverse markets and technologies Collaborate | Innovate | SucceedS M Marketing Mechanics © 2013 16
  • 17.
    Ellen Grace Henson egh@mktgmech.com 408 835 2577 Collaborate | Innovate | SucceedS M Marketing Mechanics © 2013 17

Editor's Notes

  • #5 Increase opportunities for value and innovation Cross-functional Includes value delivered by other ecosystem players (partners, etc) Integrated and responsive to well-identified and validated customer needs Across all aspects of the Wheel of Value
  • #10 Important to understand the customer’s world, the context within etc At Marketing Mechanics we use a technique we refer to as a “customer  workflow model” to better understand the context within which the users of products and services need to work. It’s very likely that your customer  participates in a larger process, contributing to only a part of the final work product their company produces. As an example of this workflow approach, let’s take a look at the production and distribution of digital video over the internet.   User workflow? Context for the users’ work   user?