SlideShare a Scribd company logo
Identify Customer
Segment for Alpha
Vishnu Gopal
Why?
See earlier Learn Session:
“Customer Segments &
Personas”
Identify at least 3 customer
segments you will target with
the product.
Then pick 1 to focus on for
the Alpha Launch
Tip 1: Drill down, and focus on
as narrow a segment as
possible.
Not good enough:
To say that your customers
could be “all startups”
Okay:
To say that your customers could
be “all startups that have a sales
team”
Wow:
To say that your customers could be
“sales representatives of mature startups
in the eCommerce space”
Tip 2: Focus on 1 customer segment
by picking
“lower hanging fruit” from the customer
segments you have listed down.
i.e. a combo of
1) the customers easiest to target
2) the customers who are most likely to
accept your product.
For 2) customers who are most likely
to accept = customers who are likely
to have the most value from your
product.
This is more art than science.
Tip 3: Learn from other
companies before you.
Go back to your Reverse
Engineer a SaaS company
target
& ask this question, “When they
started off, what customer
segment did they focus on?
Why?”
Who were the first customers
of Amazon?
of Freshdesk?
of Paytm?
Tip 4: Again: think about how easy
it is to address the customer
segment’s needs in 2 months for
Alpha.
Submit a document in tabular
form like this:
Customer
Segment
Demographics Jobs & Gains Pains
Segment Name
1
A one-line
description of this
customer’s
demographics
Which jobs of the
customer will you
be assisting
with?
Which problems
of the customer
will you be
solving?
Segment Name
2
Segment Name
3
+ a written explanation describing
the
1 customer segment
you are focusing on for Alpha
Identify Customer Segment for Alpha

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Identify Customer Segment for Alpha

  • 1.
  • 2. Identify Customer Segment for Alpha Vishnu Gopal
  • 4. See earlier Learn Session: “Customer Segments & Personas”
  • 5. Identify at least 3 customer segments you will target with the product.
  • 6. Then pick 1 to focus on for the Alpha Launch
  • 7. Tip 1: Drill down, and focus on as narrow a segment as possible.
  • 8. Not good enough: To say that your customers could be “all startups”
  • 9. Okay: To say that your customers could be “all startups that have a sales team”
  • 10. Wow: To say that your customers could be “sales representatives of mature startups in the eCommerce space”
  • 11. Tip 2: Focus on 1 customer segment by picking “lower hanging fruit” from the customer segments you have listed down.
  • 12. i.e. a combo of 1) the customers easiest to target 2) the customers who are most likely to accept your product.
  • 13. For 2) customers who are most likely to accept = customers who are likely to have the most value from your product.
  • 14. This is more art than science.
  • 15. Tip 3: Learn from other companies before you.
  • 16. Go back to your Reverse Engineer a SaaS company target
  • 17. & ask this question, “When they started off, what customer segment did they focus on? Why?”
  • 18. Who were the first customers of Amazon? of Freshdesk? of Paytm?
  • 19. Tip 4: Again: think about how easy it is to address the customer segment’s needs in 2 months for Alpha.
  • 20. Submit a document in tabular form like this:
  • 21. Customer Segment Demographics Jobs & Gains Pains Segment Name 1 A one-line description of this customer’s demographics Which jobs of the customer will you be assisting with? Which problems of the customer will you be solving? Segment Name 2 Segment Name 3
  • 22. + a written explanation describing the 1 customer segment you are focusing on for Alpha